Harte Gold Corporate Presentation · As at May 19, 2020 Sugar Zone Mine Property1 Headquartered Toronto, Canada Market Cap $115 M ($0.135/sh) Shares Outstanding 846 M (basic) Markets

www.hartegold.com

TSX: HRT

FRANKFURT: H4O

OTC: HRTFF

Harte Gold Corp.Corporate Presentation

May 2020

2

Cautionary Statements

Certain information contained or incorporated by reference in this presentation of Harte Gold Corp. (“Hart Gold” or the “Company”), including any information relating to the Company’s strategy, the Sugar Zone Mine Property, plans or

future financial or operating performance, constitutes “forward-looking statements”, within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. The words

"seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words suggesting future outcomes or

statements regarding an outlook identify forward-looking statements. In particular, this presentation contains forward-looking statements including, without limitation, with respect to: the Company’s forward-looking production guidance and

plans; estimates of total cash costs per ounce, AISC per ounce, projected capital, operating and exploration expenditures; mine life and production rates; estimated timing for continued development of and construction at, and production

from, the Sugar Zone Mine Property; anticipated gold production from the Sugar Zone Mine Property; the relationship between the Company and BNP Paribas and Appian; and further exploration activities. Forward-looking statements are

necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by the Company as at the date of this presentation in

light of management’s experience and perception of current conditions and expected developments, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors

could cause actual results to differ materially from those projected in the forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: fluctuations in

the spot and forward price of gold; the speculative nature of mineral exploration and development; changes in mineral production performance and contractor underperformance; exploitation and exploration successes; Company’s ability to

attract and retain qualified candidates to join the Company’s management team and board of directors; diminishing quantities or grades of reserves and resources; increased costs, delays, suspensions and technical challenges associated

with the development and construction of capital projects; operating or technical difficulties in connection with mining or development activities, including geotechnical challenges and disruptions in the maintenance or provision of required

infrastructure and information technology systems; failure to comply with environmental and health and safety laws and regulations; timing of receipt of, or failure to comply with, necessary permits and approvals; uncertainty whether the

Sugar Zone Mine Property targeted investments will meet the Company’s capital allocation objectives and internal hurdle rate; the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and

liabilities based on projected future cash flows; the impact of inflation; fluctuations in the currency markets; damage to the Company’s reputation due to the actual or perceived occurrence of any number of events, including negative

publicity with respect to the Company’s handling of environmental matters or dealings with community groups, whether true or not the possibility that future exploration results will not be consistent with the Company’s expectations; risks

that exploration data may be incomplete and considerable additional work may be required to complete further evaluation, including but not limited to drilling, engineering and socioeconomic studies and investment; risk of loss due to acts

of war, terrorism, sabotage and civil disturbances; litigation and legal and administrative proceedings; business opportunities that may be presented to, or pursued by, the Company; risks associated with employee relations including loss of

key employees; increased costs and physical risks, including extreme weather events and resource shortages, related to climate change; and availability and increased costs associated with mining inputs and labor. In addition, there are

risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold concentrate

losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks). Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those

expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this

presentation are qualified by these cautionary statements. Specific reference is made to the most recent Annual Information Form and in other filings of the Company with securities and regulatory authorities which are available on SEDAR

at www.sedar.com for a more detailed discussion of some of the factors and risks underlying forward-looking statements that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements

contained in this presentation. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law

In this presentation we use the terms “EBITDA”, “cash operating cost” and “All-In Sustaining Cost” or “AISC”. These should be considered non-IFRS financial measures as defined in applicable Canadian securities laws and should not be

considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. For additional information regarding non-IFRS financial measures used by the Company, please refer to the heading “Non-IFRS

Measures” in the Company’s Management Discussion and Analysis for the three months ended March 31, 2020 and 2019, available at www.sedar.com.

All dollar amounts stated are denominated in Canadian dollars ($) unless specified otherwise. All tonnages in metric, unless otherwise noted.

Caution Regarding Forward-Looking Information and Non-IFRS Financial Measures

3

Company Snapshot

TSX: HRT | FRANKFURT: H4O | OTC: HRTFF

Corporate Overview

As at May 19, 2020

Sugar Zone Mine Property1

Headquartered Toronto, Canada

Market Cap $115 M ($0.135/sh)

Shares Outstanding 846 M (basic)

Markets

TSX: HRT

Frankfurt: H40

OTCBB: HRTFF

Analyst CoverageHaywood (Buy)

Echelon (Following)

Ownership 100% Harte Gold

P+P Au Reserves 890 koz @ 7.1 g/t

M+I Au Resources 1.1 Moz @ 8.1 g/t

Inferred Au Resources 558 koz @ 5.8 g/t

Processing Plant 800 – 900 tpd

Mining TypeLonghole stoping

(underground)

Head Office(Toronto)Notes:

1) For more information please refer to the Company’s Technical Report and Feasibility Study On The Sugar Zone Operation,

dated February 13, 2019

4

Executive Leadership and Governance


▪ Joe Conway, Chairman of the Board: Built IAMGOLD from a joint venture company to $6 billion leading mid-tier gold producer

▪ James Gallagher: Former CEO of North American Palladium, sold to Impala Platinum for $1 billion

▪ Sam Coetzer: CEO

▪ Michael Scherb: Founder and CEO, Appian Capital Advisory LLP

▪ Geoffrey Cohen: Senior Advisor North America, Appian Capital Advisory LLP; former Managing Director, Head of North America Mining for JPMorgan

▪ Richard Sutcliffe: Professional geoscientist with 30 years exploration experience in exploration and development

▪ Stephen Roman: Former CEO, Harte Gold

Board renewal focused on operational, capital markets and governance oversight

Executive team restructured to drive an operational focus moving forward

▪ Sam Coetzer, President and CEO: Former CEO of Golden Star Resources, successfully transitioned Golden Star +$400 million market cap underground only producer

▪ Dr. Martin Raffield, Executive VP and COO: Former Executive VP and Chief Technology Officer, Golden Star Resources

▪ Graham du Preez, Executive VP and CFO

▪ Shawn Howarth, VP Corporate Development and Investor Relations

▪ Vincent Cardin-Tremblay, VP Geological Services

▪ Karen Walsh, VP People and Organizational Development

▪ Timothy Campbell, VP Corporate Social Responsibility

5

High Grade Underground in Prominent Gold Jurisdiction


79,000+ hectares land package in highly prospective gold district

6

Overview

▪ Strategic land package – 79,000 hectares in a high grade, prolific mine region

▪ Constructed mill capable of supporting +60,000 ounces of gold production annually

▪ Restructured management team focused on long-term value creation

▪ Mine optimization underway, anticipated to increase future production

▪ Recent news:

✓ Continued production growth – Q1 2020 the highest quarterly production to-date

✓ Continued cost reduction

✓ BNP debt deferral – freeing up $4.4 million in near-term liquidity

✓ Accelerated development to higher grade areas of the mine


7

Consistent Production Growth

✓ Q1 2020 production: 8,597 oz: record quarterly

production to-date

✓ New General Manager installed at site

✓ Enhanced planning now in place

✓ Grade continues to improve

✓ Paste fill plant operating for dry stack tailings

✓ Priority: continue development to improve flexibility

Q3 2019 Q4 2019 Q1 2020

Ore processed (t) 56,558 53,162 51,705

Head grade (g/t) 3.61 5.03 5.50

Recovery (%) 92% 93% 94%

Ounces Recovered 6,069 8,017 8,597

0.0

1.5

3.0

4.5

6.0

2,000

4,000

6,000

8,000

10,000

Q3 2019 Q4 2019 Q1 2020

Gra

de (

g/t

Au

)

Qu

art

erl

y P

rod

ucti

on

(o

z A

u)

Production Grade

Quarterly Production and Grade

8

Q1 2020 Performance Summary

Figures in C$ 000Q1 2020

Performance

Improvement

Over

Q1 2019

Improvement

Over

Q4 2019

Ore processed (tonnes) 51,705 35%

Head grade (g/t) 5.50 13% 9%

Gold ounces produced 8,597 57% 7%

Key Financial Data (000 $)

Net revenues 15,667 93% 1%

Mine EBITDA1 3,891 104%

Cost Statistics (in dollars)

Cash Cost (US$/oz)1 1,133 27% lower 7% lower

AISC (US$/oz)1 1,951 20% lower 4% lower

✓

↓ ↓↓ ↓

✓

✓

✓

✓

✓

✓✓

✓

✓

1. Mine EBITDA cash cost and AISC are non-IFRS measures, refer to definition of non-IFRS measures in the Company’s MD&A for a reconciliation

9

Balance Sheet Improvements: Debt Deferral

On May 15, 2020, the Company and BNPP entered into an agreement on deferring near-term debt payments:

▪ Rescheduling of the principal repayments due June 30, 2020 and September 30, 2020

‒ $4.4 million in principal payments deferred

▪ Deferral of financial covenants

▪ Removal of the minimum mine and mill production covenant

▪ Deferral of hedge payments in the short-term

▪ LIBOR margin of 3.375% to 4.375%

▪ Prepayment of the non-revolving term loan of excess cash flow up to an aggregate total of US$16.7 million

10

High Grade, Strong Ore Body, Long Mine Life – Open at Depth


Grade range

N

Year 2020

Year 2021

Year 2022

Year 2023+

Sugar Zone SouthSugar Zone NorthMiddle Zone 0m

200m

400m

11

Continued Optimization Through Mine Development

Middle Zone

Sugar Zone South

Sugar Zone North

Focusing on Development to Middle Zone and Sugar Zones at depth

12

Process Plant

▪ The process plant is not a bottleneck – currently feeding the

plant at 80-90% capacity

▪ Well designed plant

▪ Optimizing mill feed – ensures better results

▪ Paste fill plant currently used to create dry stack tailings –

minimizes tailings deposition

▪ Paste fill plant to support underground mining end of 2020

Process plant is well designed, focus is on quality of ore supply to

maximize efficiency at the plant


13

Exploration Philosophy – Target Pipeline and Strategic Growth


Grass Roots

Target Definition

Drill Testing

Advance

Exploration

Exploration Pipeline

Deliver

Economic high-value deposits

Delineate

Viable resources,

value opportunities

Discover

New deposits

Develop

Concepts, plans &

project pipelineGenerative

Sugar

South

Wolf TT8

Resource and

Scoping

LEGEND

Advanced Mine Exploration

Near Mine Exploration

Satellite

Polly

Lake

South

Flat

Lake

LynxFisher Fox

Hambleton

TNT K7

SZ/MZ Ext

Depth

Hambleton

West300 Rd

NorthNW

Dayo

K7

SouthFlat Lake

WGKabi Flat

Lake

MG

Regional Structural Interpretation – Greg Stott

Fill Prospecting Gaps – Review Interpretation

Other Opportunities in the Ontario Province

K7

NorthK7-K7

South

Bruce

Lake Dayo

South

SE

Snake

Lakes

East

Dayo

NW

Snake

Lakes

Bruce

Lake

East

Bruce

Lake

SE

Bruce

Lake

South

Eagle

WestSE

LynxPike

Lake

MartenMoose

Highway

14

Property Wide Exploration


▪ Dayohessarah Greenstone Belt – 36 Km

long, up to 5 Km wide

▪ Harte Gold has staked ~80,000 hectares

along the belt

▪ Exploration priorities:

‒ Sugar Zone South

‒ Extension to Middle Zone along

strike

‒ Intensive prospecting campaign

‒ TT8 Zone

Priority exploration targets

15

Summary

✓ Continued positive momentum achieved in Q1

✓ Disciplined approach to unlocking value

✓ Strategic performance indicators for future growth

✓ Regular tracking of performance, delivering results

✓ Balance sheet improved

✓ A refocus on exploration and longer-term resource development

✓ Significant additional upside potential

▪ Mine optimization for longer-term growth

▪ Near mine resource

▪ Property wide potential


16

NI 43-101 Compliance

Unless otherwise indicated, Harte Gold Corp. (the “Company”) has prepared the technical information in this presentation including Mineral Reserve and Mineral Resource estimates (“Technical Information”)

based on information contained in the technical reports and news releases (collectively the “Disclosure Documents”) available under the Company’s profile on SEDAR at www.sedar.com. Each Disclosure

Document was prepared by or under the supervision of a qualified person (“Qualified Person”) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian

Securities Administrators (“NI 43-101”). For readers to fully understand the information in this presentation, they should read the technical reports identified below in their entirety, including all qualifications,

assumptions and exclusions that relate to the information set out in this presentation which qualifies the Technical Information. Readers are advised that Mineral Resource estimates that are not Mineral

Reserves do not have demonstrated economic viability. The Disclosure Documents are each intended to be read as a whole, and sections should not be read or relied upon out of context. The Technical

Information is subject to the assumptions and qualifications contained in the Disclosure Documents. The Technical Information in this presentation has been prepared in accordance NI 43-101 and has been

reviewed and approved by Dr. Martin Raffield, Chief Operating Officer of the Company, who is a "Qualified Person" under NI 43-101. Mr. Raffield has verified the data disclosed in this presentation and no

limitations were imposed on his verification process.

Mineral Resource and Mineral Reserve estimates of the Company are shown on a 100 percent basis. The Measured and Indicated Mineral Resource estimates are inclusive of those Mineral Resource

estimates modified to produce the Mineral Reserve estimates. The effective date of Mineral Resource and Mineral Reserve estimates is February 14, 2019. Estimates for all operations are prepared by or

under the supervision of a Qualified Person as defined in NI 43-101 or have been audited by independent Qualified Persons on behalf of the Company. Mineral Resources are estimated using metal prices of

US$1,250/oz.

For further Technical Information refer to “Technical Report and Feasibility Study On The Sugar Zone Gold Operation”, dated February 14, 2019, available on the Company’s SEDAR profile at

www.sedar.com.

www.hartegold.com

TSX: HRT

FRANKFURT: H4O

OTC: HRTFF

Harte Gold Corp.Corporate Presentation

May 2020