Northstar Gold : Corporate Presentation – November 2022

forward-looking statement

Statements in this company presentation contain forward-looking information, including future production and commodity price expectations, drilling and exploration plans, timing and amounts of capital expenditures and future spending levels. Readers are cautioned that the assumptions used in preparing such information may prove to be incorrect. Actual results may differ materially from projections due to events and circumstances. It is the result of a number of known and unknown risks, uncertainties and other factors, many of which are beyond our control. These risks include, but are not limited to, those associated with mining.

Future exploration results, economic conditions of the countries and regions where the Company conducts

our ability to implement our business strategy, our ability to market our products, government regulations and expenditures required to comply with them, changes in commodity prices, interest rates and exchange rates, and the results of current legal proceedings; , and the availability of financing. Industry-related risks include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, health and safety risks, and uncertainties in cost and expense estimates and forecasts. Not limited. Readers are cautioned not to place undue reliance on forward-looking information. We undertake no obligation to update or revise any forward-looking statements, except as applicable.

securities law.

The information contained in this corporate presentation is neither exhaustive nor includes all information that a prospective investor may require. Prospective investors are encouraged to make their own analysis and review of our company and the information contained in this company presentation. Without limitation, prospective investors should consider the advice of their financial, legal, accounting, tax and other advisors and such other factors as they consider appropriate in their research and analysis of the company.

Trevor Boyd, PhD, P.Geo. Qualified person as defined by Elisabeth Ronacher, PhD, P.Geo., National

Instrument 43-101 has verified the reliability and validity of the technical data contained herein.

Northstar corporate strategy and recent events

• 100% owned strategy to develop over 1 million ounces of mineral resources mirror gold propertylocated 18 km southeast of Lake Kirkland, Ontario.
• Northstar spent over $4.4 million on exploration. Miller Gold Property since late 2019 IPO, reDiscovery and expansion near the surfaceallied gold zone, When many 70 – 750 ohms/meter drill hole intercept.
• A recently completed SRK targeted study* 500,000 oz of gold Average 2.04 g/t Au Allies and Veins 1 in the gold zone. Potential benefits of good exploration.
• Positioning for Phase III Allied Gold Zone Expansion Drill Program in 2023.
• Northstar closed the first $900,000 tranche of its $1.6 million private placement on November 7, 2022.

*The exploration target estimates above highlight the potential for exploration of known gold zones on the Miller Gold property. Quantities and grades are purely conceptual. Insufficient exploration has been conducted to identify mineral resources on site. Qualified Persons have not done sufficient work to classify this Exploration Goal Estimate as a Current Mineral Resource and the Company has not treated this Exploration Goal Estimate as a Current Mineral Resource.