THE TATOGGA PROJECT GTT 4 Tatogga Property •Located in an ideal geological setting near a number of world-class deposits in the renowned Golden Triangle •100% owned, ~447km2 property

THE TATOGGA PROJECT Golden Triangle, BC

January 2019

Cautionary Statement Regarding Forward Looking InformationCertain statements included in this presentation constitute forward-looking statements, including those identified by the words “proposed”, “will”, anticipate”, “believe”, “plan”, “estimate”,

“expect”, “intend”, “may”, “should” and similar words and expressions to the extent they relate to GT Gold Corp. (the “Company”) or its management.

The forward-looking statements are not historical facts and are based on current expectations and various estimates, factors and assumptions. They therefore involve known and

unknown risks, uncertainties and other factors.

Any forward-looking statements represent the Company’s estimates only as of the date of this presentation and should not be relied upon as representing the Company’s estimates as

of any subsequent date. The material factors and assumptions that were applied in making the forward looking statements in this presentation include:

• execution of the Company’s existing plans or exploration programs for its properties, which may change due to changes in the views of the Company, or if new information arises

which makes it prudent to change such plans or programs; and

• the accuracy of current interpretations of geochemical, geophysical, drilling and other exploration results, since new information or new interpretations of existing information may

result in changes in the Company’s expectations. Readers should not place undue reliance on the Company’s forward-looking statements, as the Company’s actual results,

performance or achievements may differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements if known or

unknown risks, uncertainties or other factors affect the Company’s business, or if the Company’s estimates or assumptions prove inaccurate. Therefore, the Company cannot

provide any assurance that such forward-looking statements will materialize. 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.

QA/QC PROCEDURES

GT Gold has implemented a rigorous quality assurance / quality control (QA/QC) program to ensure best practices in sampling and analysis of RC chips and diamond drill core, the

complete details of which can be viewed on the Company’s website at http://www.gtgoldcorp.ca/projects/tatogga/

Saddle Reverse Circulation and Diamond Drill Program Assay Results Widths reported in this presentation are drilled core lengths. True widths are estimated to be approximately 85-

90% of drilled lengths for minus 50 degree holes, and approximately 70% for minus 70 degree holes. All assays are performed by ALS Canada Ltd. (Minerals), with sample preparation

carried out at the ALS facility in Terrace, BC, and assays at the North Vancouver laboratory. Assay values are uncut. For gold, fire assays are performed as per ALS protocol Au-AA26

(0.01-100.00 g/t Au) using 50 grams of sample with assays equal to or greater than 5 g/t Au calculated gravimetrically, and lower-grade samples measured by (AA) atomic absorption.

All samples that return equal to or greater than 5 g/t Au from initial fire assaying are additionally sent for screen metallic analysis using the remainder of the pulp (~950 grams of

sample). This step is taken to ensure that any coarse grained, nugget gold fraction that may have been missed in the fire assays has been captured.

GT Gold Corp.’s Qualified Person as defined by National Instrument 43-101 is Charles James Greig, P.Geo., Vice President, Exploration. Mr.Greig has reviewed and approved the

technical information in this presentation.

TSXV: GTT 2

http://www.gtgoldcorp.ca/projects/tatogga/

GT Gold - Attractive Opportunity with Optionality and Upside

NEW Cu-Au & Au

DISCOVERIES

• Two potentially

significant discoveries

with exposure to

copper and gold

TOP MINING

JURISDICTION

• Mining-friendly British

Columbia, Canada

• Stable jurisdiction with

low political risk

EXPLORATION

UPSIDE

• 2017 Saddle South

High-grade near surface

gold system open to

east, south & depth

• 2018 Saddle North

Adjacent Cu-Au porphyry

with scale and grade

• Additional targets

identified on large and

prospective property

IDEALLY

SITUATED

• Tatogga Project in

prolific “Golden

Triangle” – hosting a

number of operating

mines and world-class

deposits

• Strategic location near

operating mine offers

access to existing

infrastructure

TSXV: GTT 3

TSXV: GTT 4

Tatogga Property

• Located in an ideal geological setting

near a number of world-class deposits

in the renowned Golden Triangle

• 100% owned, ~447km2 property

• Saddle zone - target area

• Saddle South and Saddle North

• Occupies ~3.5 km2 of the total

land package and continues to

be the primary focus of

exploration

Golden Triangle,

British ColumbiaTatogga

CANADA

Saddle Zone

Strategically Situated in Top Mining Jurisdiction

Strategically Situated with Access to Infrastructure

• Property located ~15km

west of Imperial Metals’

Red Chris mine

• Excellent access to

infrastructure

• Accessible via paved

Highway 37

• Near provincial grid

(287 kV)

• Nearby deep water

port

• Currently designing and

permitting an access

road from the highway

Red Chris mine

Paved Highway 37

5TSXV: GTT

Saddle North – 2017 Early Indications

TSXV: GTT 6

• Encouraging results for a potentially

economic Cu-Au porphyry from early

drilling at close of 2017 season

• Both holes within ~1km apart showing

porphyry-style mineralization hosted

by intrusive rocks:

• Hole 62 – Broad extent of Cu-Au

mineralization with grades

increasing at depth

• Hole 64 – Gold-rich porphyry-

style similar to Saddle North high

grade core

Saddle North – Large Scale & High Grade Potential

TSXV: GTT 7

• Early mapping and sampling

demonstrated the presence

of a large scale target

• Follow-up geophysical work

in 2017 demonstrated a

coincident magnetic and IP

anomaly ~1000m across

• Goal of 2018 drilling program

was to determine the extent

and geometry of

mineralization

• Completed ~8200m of drilling

in 10 holes targeting the core

of the mineralized intrusive

system identified

• Cu-Au porphyry-style

mineralization intersected in

every hole drilled

• Identified additional highly

prospective targets to further

expand Saddle North

Saddle North– 2018 Drill Program

TSXV: GTT 8

Saddle North – Discovery

TSXV: GTT 9

Section 5820: a fence of drilling across the extent of the

anomaly

• Hole 85: First hole of 2018 Season to test coincident

chargeability-resistivity-magnetic high at southern margin of

the large geophysical anomaly; continuous mineralization

encountered

• 430m of 0.67g/t Au, 0.41% Cu, 0.89 g/t Ag

within 822m of 0.42g/t Au, 0.26% Cu, 0.62g/t Ag

• Drilling results indicated:

Continuously mineralized host intrusive complex

Grades increase to north toward base of complex

Higher grades associated with potassic alteration

toward base

Lower grades associated with phyllic alteration

common toward top of complex and near surface

• Subsequently drilled Hole 90 demonstrates that higher grade

mineralization continues upward toward surface

Saddle North – High Grade Core

Section 5740: drilled across high grade core

• Hole 109:

• 343m of 1.28 g/t Au, 0.57% Cu, 2.30 g/t Ag

(1.53% CuEq; 2.08 g/t AuEq)

within 1150m from surface of 0.62 g/t Au, 0.36%

Cu, 1.17 g/t Ag (0.82% CuEq; 1.12 g/t AuEq)

• Extended high grade mineralization ~300m down-dip

• Drilling further supports our interpretation of a high

grade core emplaced within a broad mineralized

envelope

• High-grade core varies in thickness from 100m near

surface to over 300m at depth

TSXV: GTT 10

TSXV: GTT 11

Saddle North –Continues to Expand

• Holes 107 and 102:

• Most aggressive step

outs drilled in 2018

• Both holes extensively

mineralized

• Sections ~600m apart

• Demonstrated no major

changes in lithology

section to section

• With few major structural

and lithological changes

and drilling still well within

the chargeability anomaly,

Saddle North remains open

along strike as well as to

depth

TSXV: GTT 12

Saddle North – Interpretation• Well situated within a broad and

gently sloping valley, giving the

project great access

• Mineralization currently defined

650m along strike, 700m

estimated true widths and

approximately 1300m down-dip

(1100m from surface)

• High-grade stockwork reaches

from near surface to 1300m down-

dip with true thickness that varies

from 100m near surface to over

300m at depth; grades also

increase to depth

• Remains open along strike in both

directions and at depth

Gently sloping

valley

0.6% Cu Eq

0.3% Cu Eq

Saddle North

Saddle South

1% Cu EqUp

N

E500 m

• Elevation profiles

across and along strike

demonstrate very

favourable topography

• From the north, Saddle

North is easily accessible

along the bottom of a

gently sloping valley with

little change in elevation

TSXV: GTT 13

Saddle North – Terrain

500 m N

Saddle North vs. Select Projects

Alpala (Cascabel)Heruga (Oyu Tolgoi)

Cadia East

Northparkes

Ridgeway

Red Chris (OP)

Copper Mountain

New Afton

Mt Milligan

-%

0.25%

0.50%

0.75%

- 0.25 0.50 0.75 1.00 1.25

Co

pp

er

Gra

de

(%

Cu

)

Gold Grade (g/t Au)

International

British Columbia

Saddle North - Full Intercepts

Saddle North - Selected Sub-Intevals

US$25/t

US$50/t

US$75/t

TTD1091,150 m @ 0.76% CuEq

TTD109343 m @ 1.40% CuEq

TTD108117 m @ 1.05% CuEq

TTD093363 m @ 1.17% CuEq

TTD098133 m @ 1.24% CuEq

TTD10253 m @ 1.17% CuEq

• Current drill results

demonstrate that grades

at Saddle North are in

line with resource grades

of projects globally that

are in or advancing

towards production

• In situ rock values

demonstrated within the

high grade core (green)

suggest potentially robust

economics

• Complete intercepts

(black) benchmark well

against comparable

projectsSource: Macquarie Capital. Based on total resources as reported in selected issuers’ most recent technical disclosure, except for Ridgeway,

which is based on 2017 resources plus actuals from 2002-2017.

Note: Contained metal value shown in USD; based on LT commodity price assumptions of US$2.90/lb Cu and US$1,250/oz Au. Excludes the

NSR impact of variable metallurgical recoveries and any impact from recoverable by-product metals (e.g. Ag, Mo, etc.).

TSXV: GTT 14

Saddle South – Discovery

• Discovery at Imperial Metals’ Red Chris mine reinvigorated current exploration in the area

• High grade Au in soil anomalies followed up with first ever Saddle South drilling in 2017

• Drilling to date has outlined:

An extensive near-surface zone of high grade Au-Ag epithermal mineralization spanning ~1000m X 150m X 700m

High-grade zones locally show excellent continuity across sections both near surface and at depth

Locally extensive surface expression of mineralization

• Mineralized system remains open along strike and at depth

TSXV: GTT 15

Saddle South – 2017 & 2018 Drilling Highlights to Date

Key Take-Aways

• Drilling to date has extended

near surface mineralization

along strike to over 1km

• High-grade intervals over

broad widths demonstrate

depth and bulk-tonnage

potential

• Oriented core program has

yielded a better understanding

of the orientation of, and

controls on, mineralized veins

and vein zones

• Assays from additional holes

pending

Drill Hole

ID

Year

Drilled

Au Grade

(g/t)

Ag Grade

(g/t)

Interval

(m)Comments

TTD002 2017 6.57 - 14.78

TTD007 2017 51.53 - 6.95

TTD010 2017 5.10 - 23.66

TTD014 2017 5.84 - 20.71

TTD019 2017 14.75 - 12.15

TTD022 2017 13.22 - 7.00

TTD031 2017 48.85 - 3.36

TTD038 2017 10.18 - 6.87

TTD040 2017 12.64 - 6.60

TTD045 2017 20.17 - 2.31

TTD046 2017 20.02 - 8.25

TTD056 2017 23.78 - 4.02

TTD058 2017 31.79 1141.10 3.01 Incl. 117.00 g/t Au & 1835.00 g/t Ag over 0.70 m

TTD059 2017 12.12 - 5.83

TTD069 2018 32.65 - 2.82

TTD076 2018 33.40 - 1.54

TTD077 2018 6.70 - 4.15

TTD079 2018 9.55 - 40.89

TSXV: GTT 16

Regional Exploration – Additional Opportunities

TSXV: GTT 17

Cu Geochem Anomalies Au Geochem Anomalies • A number of opportunities

exist on the large Tatogga

land package

• Pass Gossan target located

~6km southwest of Saddle

• 2013 sampling identified

several Cu and Au

anomalies

• Likely analogous to

Saddle South

2018 Corporate Objectives Achieved

TSXV: GTT 18

Fully Fund

2018 Program

Completed two

financings in

2018 raising

~C$13M

Expand Saddle South along strike

Initial drill

results from

2018 program

have expanded

strike length to

over 1000m

Demonstrate Saddle South Depth Potential

High-Grade

mineralization

intersected at

depth

• Hole TTD079:

9.55g/t Au over

40.89m (~375m

from surface)

Test and advance Saddle North Cu-Au Target

Approximately

8200 m of drilling

completed outlining

mineralization:

600m (strike) x

700m (width) x

1100m (depth)

Equity Structure

TSXV: GTT 19

Capitalization and Balance Sheet (C$)

Share Price** $0.62

Basic Shares Outstanding 104.0M

Options Outstanding 8.4M

Basic Market Capitalization $64.5M

Less: Cash* $4.0M

Add: Total Debt -

Enterprise Value $60.5M

*Estimated as of 31/12/2018

** as at 14/01/2019 close

Ross Beatty Management/Directors

Institutional Retail/Other

GTT

Ownership

Source: CapIQ and SEDI filings

GT Gold - Attractive Opportunity with Optionality and Upside

NEW Cu-Au & Au

DISCOVERIES

• Two potentially

significant discoveries

with exposure to

copper and gold

TOP MINING

JURISDICTION

• Mining-friendly British

Columbia, Canada

• Stable jurisdiction with

low political risk

EXPLORATION

UPSIDE

• 2017 Saddle South

High-grade near surface

gold system open to

east, south & depth

• 2018 Saddle North

Adjacent Cu-Au porphyry

with scale and grade

• Additional targets

identified on large and

prospective property

IDEALLY

SITUATED

• Tatogga Project in

prolific “Golden

Triangle” – hosting a

number of operating

mines and world-class

deposits

• Strategic location near

operating mine offers

access to existing

infrastructure

TSXV: GTT 20

Appendix

Saddle Exploration Camp – 2018 Season

TSXV: GTT 22

Rank Operator Property Location interval Cu (%) Au (g/t) CuEq (%) CuEq*m

1 Anglo American Los Sulphatos Chile 717 3.6 0 3.6 2581

2 Codelco Chilean Giants Chile n/a n/a n/a n/a 2500

3 Kennecott Bingham Canyon Utah, USA n/a n/a n/a n/a 2500

4 Newcrest Wafi-Golpu PNG 1422 1.14 0.64 1.61 2289

5 Newcrest Wafi-Golpu PNG 944 1.44 1.28 2.38 2247

6 Imperial Metals Red Chris BC, Canada 1024 1.01 1.26 1.94 1983

7 Anglo Gold Ashanti Nuevo Chaquiri Colombia 810 1.65 0.78 2.22 1801

8 Freeport McMoran Grasberg Indonesia 591 1.7 1.8 3.02 1787

9 SolGold Plc Cascabel Ecuador 1560 0.59 0.54 0.99 1540

10 Ivanhoe Mines Oyu Tolgoi Mongolia 326 3.77 1.23 4.67 1524


12 Exeter Resources Caspiche Chile 1214 0.9 0.33 1.14 1387

13 Metallica El Morro, La Fortuna Chile 780 0.84 1.24 1.75 1366




17 Newcrest Cadia Ridgeway Australia 341 0.93 3.86 3.77 1285



20 Anglo American Los Sulphatos Chile 990 1.26 0 1.26 1247

21 Ivanhoe Mines Hugo Dummet Mongolia 302 3.11 0.98 3.83 1157







28 GT Gold Saddle North (TTD109) BC, Canada 1150 0.36 0.62 0.82 938






34 Seabridge Gold KSM BC, Canada 1023 0.24 0.77 0.81 825

35 Nevsun Timok Serbia 798 0.8 0.22 0.96 767

Sources: SolGold Plc, Peer Review

January 4, 2019 intra-day spot prices used to calculate CuEq and AuEq are: Cu: $2.57/lb, Au: $1,294.80/oz, Ag: $15.65/oz. All values are reported in USD and do not consider metal recoveries

Saddle North Hole 109 Results vs. Peer Holes

TSXV: GTT 23

Source: Macquarie Capital. Based on annual disclosure for selected issuers and their respective technical report filings.

1) Where cut-off grade is not disclosed as % CuEq but reported in NSR $/t or similar metrics, cut-off grade has been calculated based on respective grade, recovery, metal price, and exchange rate assumptions.

2) Cash operating costs as of 2017 annual results, except for Red Chris (since commercial production in July 2015) and Highland Valley (LOM disclosure in March 2013 Feasibility Study). Net smelter returns based on LT commodity price assumptions of US$2.90/lb Cu, US$11.00/lb Mo, US$1,250/oz Au, and US$18.00/oz Ag, and exclude any impact from royalties, transportation, and refining charges.

Mineral Reserve Cut-off Grade (% CuEq)(1)

Cash Operating Costs vs. Net Smelter Return(2)

1.18%

0.54%

0.40%0.33% 0.32% 0.29%

0.37%0.13% 0.12% 0.10% 0.13% 0.15%

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

New Afton (UG) Red Chris (OP) Mount Milligan (OP) Highland Valley (OP) Copper Mountain (OP) Gibraltar (OP)

% C

uE

q

Reserve Grade (% CuEq) Reserve Cut-Off Grade (% CuEq)

$23.1 $17.8 $11.8 $8.8 $9.8 $6.6

$41.7

$7.6$6.9 $9.2 $5.9 $8.2

$64.8

$25.4$18.7 $18.0 $15.7 $14.8

$0.0

$20.0

$40.0

$60.0

$80.0

New Afton (UG) Red Chris (OP) Mount Milligan (OP) Highland Valley (OP) Copper Mountain (OP) Gibraltar (OP)

US

$/t

mil

led

Net Smelter Return Margin (US$/t milled) 2017 Cash Cost (US$/t milled)

Key Operating Metrics of Select Peers

TSXV: GTT 24

Saddle North and Saddle South – IP

TSXV: GTT 25

6408000 mN

6409000 mN

43

40

00

mE

43

50

00

mE

43

70

00

mE

43

30

00

mE

43

80

00

mE

N

IP Chargeability mV/V

0.60% Cu Eq

0.30% Cu Eq

high-grade Au-mineralized subcrop

4.71 g/t Au talus fines

40.30 g/t Au talus fines

Saddle North – Interpretation

TSXV: GTT 26

Gently sloping

valley

0.6% Cu Eq

0.3% Cu Eq

Saddle North

Saddle South

1% Cu Eq

Up

N

E500 m

Saddle North – Interpretation

TSXV: GTT 27

0.6% Cu Eq

0.3% Cu Eq

Saddle NorthSaddle South

Up

E

1% Cu Eq

500 m

Saddle Zone – 2017 Magnetics Survey

TSXV: GTT 28

Saddle Zone – 2017 Ground IP Survey

TSXV: GTT 29

1. Semi Massive to Massive

Sulphide Veins

2. “Thin Vein” Style

4. Carbonate-rich Veins

3. Vein Breccias

Saddle South – Styles of Mineralization

TSXV: GTT 30

Field of View ~0.65mm

Field of View ~0.25mm • Initial, unoptimized metallurgical test results for 28 composites

spatially and mineralogically representative of the Saddle

quartz-carbonate-sulphide mineralization show it is amenable

to standard cyanidation processing

• Average recoveries of 84% gold and 25% silver, including

numerous samples that showed recoveries of over 90%, and as

high as 98%

• Optimization is expected to increase average recoveries well

into the 90s

• Future testing will include floating a sulphide con and other

approaches aimed at maximizing recoveries with minimum cost

• Note 1. 80% passing 100 microns, maximum 48 hour

retention time – most reports within 24 hours

Saddle Zone – Initial Metallurgical Results Strongly Positive

TSXV: GTT 31

Ashwath Mehra, Executive Chairman

• 30 years of mining and metals experience.

• Extensive Capital markets expertise and

network of European investors

Steve Burleton, President and CEO

• An experienced mining executive with significant

experience in capital raising and strategy.

• Most recently with Richmont Mines

Charles J. Greig, VP Exploration

• 35 years of experience working in the mining sector.

• Extensive experience relating specifically to deposits

in BC’s Golden Triangle

Paul L. Kania, Chief Financial Officer

• An experienced financial professional with experience

working with a number of public companies

Taj Singh, Lead Independent Director

• 17 years of development and operating experience

in the minerals sector.

• Presently serves as President and CEO of Discovery

Metals Corp

Renaud Adams, Director

• Over 25 years as a mining executive and operator globally

• Currently serving as CEO of New Gold

• Instrumental in Richmont Mines’ acquisition by Alamos Gold

for ~US$700M

Charles Tarnocai, Director

• Well respected geologist with PH.D in economic geology

• Most recently served as the VP of Corporate

Development at Alamos Gold.

John L. Pallot, Director

• Seasoned executive with decades of experience across

a broad array of industries.

• Extensive experience raising capital for junior mining issuers

PROVEN TRACK RECORD OF VALUE CREATION EXTENSIVE TECHNICAL AND CAPITAL MARKETS EXPERTISE

Management and Board – Proven Track Record of Success

TSXV: GTT 32

S T E V E B U R L E T O N , P R E S I D E N T A N D C E O

36 King Street East, Suite 400

Toronto, ON

M5C 1E5

647-256-6754

Documents

THE TATOGGA PROJECT GTT 4 Tatogga Property •Located in an ideal geological setting near a number of world-class deposits in the renowned Golden Triangle •100% owned, ~447km2 property