Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) (FSE: Y2F) is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan’s flagship property, the 26.4km² Santa Fe Mine project, had past production of 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing (Nevada Division of Minerals, www.ndomdata.com). The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report*). The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025.

Corporate Presentation

Projects

Sante Fe Mine

Walker Lane 60-80km wide Physiographic province of northwest Striking faults. Triassic sediments (predominantly carbonates) are intruded by Jurassic to Cretaceous diorite and granite, and overlain by Tertiary volcanic rocks.

Alteration and gold mineralization controlled by NW, NE and EW structures.

The Triassic Luning carbonate rocks are often brecciated, decalcified, silicified and sulfidized. Tertiary volcanic rocks are typically clay altered, sulfidized, and locally silicified.

Generally, Luning Formation carbonate rocks outcrop in the southern half of the property while Tertiary volcanic rocks outcrop in the northern half of the property.

West Santa Fe

The advanced West Santa Fe gold-silver project is located only 15 km West of the Flagship Santa Fe Mine and hosts an oxidized gold-silver mineralized system in a geologic setting nearly identical to Santa Fe.

Modeling of historical drill hole data by Lahontan geologists outlines a shallow gold and silver system with a sufficient volume to host 0.5 to 1.0M ounces of oxidized gold and silver mineralization in an open-pit mining configuration*

Moho

Ground mag defines the Moho Structural Corridor, a series of multiple en echelon veins and fault breccias, with a strike length in excess of 2500 meters. KA Gold drilled six core holes in 2018 totaling 1,960 meters with multiple high-grade intercepts. Drilling to date has only tested a narrow vertical range and only one of the multiple vein systems. Data from underground sampling and drilling suggests potential grades of over 20 gpt Au Eq in thoroughly oxidized veins. Permits in place for immediate follow up drilling.

Redlich

Redlich is located in the Walker Lane about midway between Hawthorne and Tonopah, Nevada. Previous exploration defined a historic resource of 16.5M ounces Ag Eq in Tertiary epithermal veins and stockwork. Drilling in 2018 discovered a new style of mineralization: thick zones of disseminated Au and Ag mineralization hosted by hydrothermal breccias. The new discovery is on strike with the Candelaria open pit Ag mine and is completely untested.

Management

KIMBERLY ANN

FOUNDER, DIRECTOR, CEO, PRESIDENT

Ms. Kimberly Ann is a mining executive who has founded multiple Junior Mining companies and served in a variety of senior executive positions including CEO, President, CFO and Board Member. In the past twelve years, Kimberly Ann has raised over $210M in project financing and collaborated on three Junior Mining M&A projects. While at Prodigy Gold, Kimberly Ann was responsible for all aspects of the company’s corporate communication program, facilitating equity financings, generating analyst coverage, participating in key aspects of corporate M&A leading to the $340M buyout of Prodigy by Argonaut Gold. Kimberly was CFO and VP Corporate Development at PPX Mining Corp, successfully bringing the high-grade Callanquitas gold-silver underground mine into production in Northern Peru.  In 2017, Kimberly founded Latin America Resource Group (“LARG”), building Jasperoide from two small concessions into a 57 square kilometre strategic project in the heart of Peru’s most prolific copper-gold mineralized belt.  In 2020, LARG merged with Carube Copper Corp. to create C3 Metals Inc., setting the stage for value creation throughout C3’s project portfolio. Kimberly is also the Managing Partner of KA Gold LLC, a private company with a portfolio of advanced gold-silver exploration projects in Nevada. Kimberly attended the University of Washington, majoring in Business and Marketing.

BRIAN MAHER

VP EXPLORATION

Brian J. Maher is an economic geologist with over 45 years of experience in the international mining and exploration industry. Prior to Lahontan, Brian was the President, CEO and Director of Prodigy Gold Inc. where he guided the company through a period of expansive growth, exploring and developing the 6.6M ounce Magino gold deposit in northern Ontario, culminating in the $341M acquisition of Prodigy Gold by Argonaut Gold in 2012. In 1982, Brian began a 16-year career with ASARCO Inc. exploring for gold and copper deposits in a variety of geologic environments throughout North and South America. From 1998 and 2004, Brian was Project Manager for Metallic Ventures Gold Inc., supervising underground and surface exploration, mine development and operations at an underground gold mine in Nevada. In 2005, Brian joined Hochschild Mining PLC and was involved in all aspects of the company’s North American exploration program, serving as the Exploration Manager for the US, Canada and Mexico. From 2013 to 2022, Brian was the President and CEO of PPX Mining, developing, and operating a high-grade underground gold and silver mine in northern Peru. Brian is also the Managing Partner of KA Gold LLC, a private company with a portfolio of advanced gold-silver exploration projects in Nevada. Brian received his BA degree (Geology) from the California State University, Chico in 1980 and his MSc. degree (Economic Geology) from Colorado State University in 1983.

JOHN McNEICE

CHIEF FINANCIAL OFFICER

John McNeice is a Chartered Professional Accountant registered in Ontario, Canada with over 30 years of experience in public company reporting, financial management, accounting and audit.  Currently John is the CFO of Gold79 Mines Ltd. (AUU:TSX-V); C3 Metals Inc. (CCCM:TSX-V) and Northern Graphite Corp. (NGC:TSX-V) where he is responsible for financial and regulatory reporting as well as day-to-day financial management.

John has had CFO roles in seven public resource companies over the past 17 years and has overseen IPOs, RTOs and many quarterly, annual and periodic public company filings.  From 2004 to 2007, John was CFO of Ur-Energy Inc. (URE:TSX/URG:NYSE American), a uranium exploration and development company now a US based producer of uranium. John was a key member of the management team directly involved in the initial public offering on the TSX. During John’s tenure, Ur-Energy raised an aggregate of $150 million in a series of private placements, the IPO and several significant secondary financings.

From 1990 to 2003, John worked in public accounting with PricewaterhouseCoopers LLP where his primary focus was providing audit and regulatory reporting advisory services to Canadian and US publicly listed clients. John holds an Honours B.Comm. degree from McMaster University and is a Chartered Professional Accountant (Ontario).

CHRIS IRWIN

CORPORATE SECRETARY

Chris Irwin practices securities and corporate/commercial law and has been the managing partner of Irwin Lowy LLP since January 2010; prior thereto he was the President of Irwin Professional Corporation from August 2006 to December 2009; and prior thereto he was an associate at

Wildeboer Dellelce LLP from January 2004 to July 2006. Mr. Irwin advises a number of public companies, board of directors and independent committees on a variety of issues. Mr. Irwin is a director and/or officer of a number of public companies. Mr. Irwin is a former Director of Trelawney Mining and Exploration Inc., a company acquired by IAMGOLD Corporation in a $608 million transaction; former Director of Southern Star Resources Inc., which was formerly listed on TSX prior to becoming Gold Eagle Mines Ltd. and being taken over by Goldcorp Inc. in a $1.5 billion transaction; and a former director of Jerritt Canyon Canada Ltd., which was acquired by First Majestic Silver Corp. for $500 million transaction.

TIFFANY SEMON

GENERAL MANAGER

Graduating from University of California Santa Cruz in 2010, Tiffany joins the team with extensive experience in Management and General Logistics. Contributing to the needs of the company, she brings experience in the Junior Mining space with- General Office management responsibilities: Personnel Management, Budgeting, Bookkeeping, Business setup, Permitting, Payroll etc. She also comes to the industry with familiarity in BLM and related institutions processes and procedures, Field Exploration Operations expectations and needs, and expertise in Environmental Monitoring procedural, reporting and sampling requirements. She looks forward to holding a key role in the structure and success of the company.

Board of Directors

KIMBERLY ANN

FOUNDER, CEO, PRESIDENT & DIRECTOR

BIO

Ms. Kimberly Ann is a mining executive who has founded multiple Junior Mining companies and served in a variety of senior executive positions including CEO, President, CFO and Board Member. In the past twelve years, Kimberly Ann has raised over $210M in project financing and collaborated on three Junior Mining M&A projects. While at Prodigy Gold, Kimberly Ann was responsible for all aspects of the company’s corporate communication program, facilitating equity financings, generating analyst coverage, participating in key aspects of corporate M&A leading to the $340M buyout of Prodigy by Argonaut Gold. Following Prodigy, Kimberly joined Waterton Global Resource Management, a multi-billion dollar private equity firm focused on the resource sector, in a senior management position. Kimberly then joined PPX Mining Corp as CFO and VP Corporate Development, successfully bringing the high-grade Callanquitas gold-silver underground mine into production in Northern Peru.  In 2017, Kimberly founded Latin America Resource Group (“LARG”), building Jasperoide from two small concessions into a 57 square kilometre strategic project in the heart of Peru’s most prolific copper-gold mineralized belt.  In 2020, LARG merged with Carube Copper Corp. to create C3 Metals Inc., setting the stage for value creation throughout C3’s project portfolio. Kimberly is also the Managing Partner of KA Gold LLC, a private company with a portfolio of advanced gold-silver exploration projects in Nevada. Kimberly attended the University of Washington, majoring in Business and Marketing.

JOSH SERFASS

DIRECTOR

Josh Serfass is the Executive Vice President of Corporate Development and Investor Relations at Integra Resources Corp. Previously, Josh was the Manager of Corporate Communications at Integra Gold Corp. He was a key member of the team at Integra Gold that grew, developed, and sold the past producing Lamaque Mine in Val-dOr, Québec to Eldorado Gold for C$590 million in 2017.

Committed to thinking differently about mining, Josh worked with the team at Integra Gold to host the 2016 Integra Gold Rush Challenge and the 2017 #DisruptMining Challenge, initiatives that encouraged innovation and technology disruption in the mining industry.

Josh is passionate about attracting millennials to the mining sector, as potential employees, investors or informed voters and is a frequent speaker at industry gatherings.

Prior to Integra Gold, Josh worked at Citibank as a marketing manager and a supply-chain/operations analyst at Liz Claiborne and L. Knife and Sons

EVAN PELLETIER

DIRECTOR

Mr. Evan Pelletier is a senior mining professional with over 30 years of underground
mining experience, where he has spent most of his career, working for Lakeshore Gold and other gold mining companies. Internationally, he has contracted roles in Mongolia, Argentina and Africa. Highly respected among his peers, Evan is an industry leader as it relates to new technology, innovation and mining operations. His responsibilities have included Mill Processing, Environmental, Paste Plant, Tailings and Underground Operations with a primary focus on safety, quality mining and people management within operations. Evan is currently a Mining Executive at Americas Gold & Silver, serving as Interim General Manager at their Galena Underground Mine in Wallace, Idaho. Previously, he held the
role of Vice President of Mining, Kirkland Lake – Ontario, Canada (2020 – 2022) and was Mine Manager at Kirkland Lake Gold, Macassa Mine (2016 – 2020). Evan was part of the team, that grew Kirkland Lake  Gold from a valuation of $400M in 2016 to $13B by 2022 when merged with Agnico Eagle. One of the major accomplishments includes the sinking of a near 2,000 metre deep shaft at a budget of $450M, effectively on time and on budget.

SHANE WILLIAMS

DIRECTOR

Mr. Shane is currently CEO, President, and Director of West Red Lake Gold Mines,
bringing the Madsen Gold Mine back into production. Prior to joining West Red Lake, Shane was the Chief Operating Officer for Skeena Resources where he was involved in advancing the past producing Eskay Creek Gold project towards a restart. Between 2013-2019 he was Vice President of Operations and Capital Projects at Eldorado Gold where under his leadership the Lamaque Gold project was brought from Preliminary Economic Assessment (PEA) to commercial operation in just 18 months. He also served as Project Director for Eldorado Gold for their Greek assets and was responsible for the development of both the Skouries and Olympias projects which together had a capex of over US$1B.

Shane has extensive open-pit development experience from his time working with Rio Tinto at the Iron Ore Company of Canada and at Kaunis Iron in Northern Sweden where he, as Project Director, was responsible for the successful staged development of this large, open-pit iron ore operation from early exploration into commercial operation over a rapid 3.5-year period. Shane has a B.Eng. in Electrical Engineering from the Dublin Institute of Technology Ireland and an M.Sc. in Project Management from the University of Limerick Ireland.

MAX PLUSS

DIRECTOR

Mr. Max Pluss is senior investment professional with experience overseeing investment
origination, due diligence, transaction structuring, portfolio monitoring, capital raising, and fund operations across the hedge fund, private equity, and venture capital asset classes. In his role, Max has also served as an advisor to public and private company management teams and boards on corporate development, due diligence, market positioning, and capital formation. Max is the Founder of Rhea Capital Management, a private investment company focused on backing and incubating disruptive and mission-driven companies, providing capital, strategic guidance, and management expertise to early and growth-stage opportunities. Previously, Max was a Junior Analyst and subsequently an Analyst at Extract
Capital, a hedge fund focused on equity and credit investments in natural resources, including in mining, energy, renewables, fertilizer, timber, water, support services, and other real assets.  Max began his career as Associate at a boutique consulting company, advising public company CEOs on market positioning and assisting with idea generation for fund managers in North America and Europe. Max received his B.A. from Colorado College and M.B.A. degrees from Columbia University and London Business School.

Share Structure

INSTITUTIONAL SHAREHOLDERS                                    51.9%

KA GOLD (KIMBERLY ANN, BRIAN MAHER)                      4.2%

RETAIL SHAREHOLDERS                                                  43.9%

MARKET CAPITALIZATION

Basic: $30.1 M FD: $42.6 M

OPTIONS & WARRANTS

Options: 26.2 M, Warrants: 92.6 M

SHARES OUTSTANDING

286.4 M

Contact

CORPORATE OFFICE

217 Queen Street West,

Suite 401

Toronto, ON

M5V 0R2, Canada

Phone: 1.530.414.4400

Email: info@lahontangoldcorp.com

FIELD OFFICE

364 E Street

Hawthorne, NV

89415, United States

Phone: 1.530.536.0593