G2 GOLDFIELDS

Weebigee/Sandy Lake Gold Project, Ontario

• Following the extension of an exploration agreement with Sandy Lake First Nations in November 2018 for the Weebigee/Sandy Lake Gold project, this was followed by significant exploration results and new discoveries made throughout 2019 by Option Agreement partner G2 Goldfields Inc. (“G2 Goldfields” or the “Optionee”) on Treasury’s 100% owned project. The project is located 227 km north of Red Lake in northwestern Ontario, Canada.

• On Jan. 6, 2020, an exploration update by the Optionee included plans for an upcoming 10,000 metre drill program in order to follow up existing target areas W1 to W3 as well as multiple untested targets on the W series. Figure 1: W1-W2-W3 Zones (Click for image). In 2019, the Optionee completed a total of twenty-two drill holes totaling 4,794 metres. The results included high grade core length intervals of 8.0 m of 34.5 g/t Au, as well as 0.73 m grading 450.04 g/t Au.