Corporate Presentation

G2 GOLDFIELDS GOLD DISCOVERY TEAM VISIONARY PIONEERING

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ACCOUNTABLE FOCUSED

MARCH 2020

COMPANY OVERVIEW

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GUIANA SHIELD: The Next Frontier

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GUYANA: Location Map GUYANA LEGEND Aurora

Georgetown

Arabagai

Putareng

Kurupung

Aricheng

Kwapau

Mazaralli

Itaballi

Bartica

Bartica

PETERS MINE

Cuyuni-Mazaruni

Higgins

Imbaimadai

Honey Camp Hopes

JUBILEE MINE

0

10

20

30

40

KILOMETRES

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Linden

Road

Mines 650000N

Okuwa

Issano Malouf

Chi Chi

Keraha

River Landings

700000N

e

Banana

Fish Fall

Kum aka Serima

Seons

Kamarang

Baganara Isl

erbic

Tum eremg Eping Enachu

Kurupung

Sawari

Oko

Airstrips

ica-B

Rock Labba Kareen

OKO MINE

Demera

Tam akay

Kaow Island

Maha

Aruwai

AREMU MINE

Major Towns

Timehri

Groete River

TOROPARU Gold X (7.1 Moz)

Apaikwa

ra-Mah

AURORA Guyana Goldfields (6.5 Moz) Toroparu

750000N

Ogle

aica

Quartzstone

KAROUNI

Potaro-Siparuni (1.0Troy Moz)

OMAI Iamgold (3.7 Moz) Kum aka

Omai

Upper Demerara

G2 Goldfields Properties

600000N

Potaro

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OKO Discovery GUYANA 1.1 km strike length open in every direction Significant high-grade intercepts Mineralization in all drill holes Visible gold in majority of holes Drilling continues

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OKO Discovery

HOLE OKD-01 6.0m @15.8 g/t Au

272,400 E

272,500 E

704,600 N

High Grade Highlights

272,300 E

704,600 N

272,200 E

704,500 N

704,500 N

HOLE OKD-07 2.7m @15.8 g/t Au 1.7m @30.8 g/t Au

HOLE OKD-07

704,400 N

OKD-27

HOLE OKD-03 24.0m @6.9 g/t Au HOLE OKD-17

4.1 m @ 12.9 g/t Au 1.4 m @ 8 g/t Au

13m @ 4.2 g/t Au 9m @ 1.4 g/t Au

704,300 N

HOLE OKD-06

704,300 N

HOLE OKD-17

2.7m @5.8 g/t Au

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43.6m @1.4 g/t Au 23.3m @0.5 g/t Au

20.0m @2.8 g/t Au 21.0m @2.1 g/t Au

704,400 N

HOLE OKD-03 12.0m @13.8 g/t Au

HOLE OKD-01 27.0m @5.2 g/t Au HOLE OKD-02

HOLE OKD-02 3.0m @4.6 g/t Au

Drill Intervals

HOLE OKD-06 15.0m @1.1 g/t Au

HOLE OKD-04

HOLE OKD-04

1.8m @6.2 g/t Au

7.0m @1.8 g/t Au

HOLE OKD-05

HOLE OKD-05

8.2m @9.1 g/t Au

31.5m @2.9 g/t Au

272,200 E

272,300 E

272,400 E

272,500 E

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AREMU Mine Area XMAS VEIN

5 KM

258,000 mE

257,000 mE

259,000 mE

260,000 mE

261,000 mE

LEGEND

7.7 g/TAu 2.7 g/TAu grab from 6.1 g/TAu 4.1 g/TAu grab from 10cm black 1.6m channel 1m channel qz stockpile qz vein across 2 qz veins on qz veins

AREMU MINE AREA

Showing Geology and Locations of Veins

Granite

0.9 g/TAu in 8.2m wtd avg 3.3 g/TAu 1.0 g/TAu including grab from grab from 30cm 2.1 g/TAu on 1.5m crusher stockpile qz vein

Mineralized Horizon

grab from 10cm carbonaceous vein 1.6 g/TAu

Underground Development Historic Veins

HEROD VEIN

1.6 g/TAu on 10m including 4.7 g/TAu on 2m

HONEY BEE VEIN

D

BATTFLY VEIN

I VE

W. LUNCH VEIN

N

LUNCH VEIN

100

15

12 Produced 10.828 oz Au 1905 To 1910

200 km 5.6 g/TAu wtd avg on 1.5m true width

7˚N

AREMU VEIN 14

Greenstone Schist PK Saprolite Pit

7,000 ft South to vein

1.1 g/TAu over 5m 2.9 g/TAu 1.3 g/TAu 1.8 g/TAu 4.9 g/TAu across subparallel 1.3m channel 75cm channel 60cm sample 1m channel with qz veins on main qz vein on qz vein on gougy zone 2 qz veinlets

Quartz Float

2.5 KM

AN

0

Aremu Mine Area

Quartz Vein

POWERHOUSE VEIN

2.6 g/TAu 10.2 g/TAu grab from 10cm grab from qz vein at pit wall qz stockpile

INDEX MAP

Geological Boundary

MOOM VEIN

ANTIGODLIN VEIN

L OT SC

SHEPHERD VEIN

G2 Mapped Veins

POWIS VEIN DONICKER VEIN

7,500 ft South

GOODHOPE VEIN

7˚N CUYUNI RIVER

IVER

SADDLE VEIN

B. MASTER VEIN B ERB ICE RIV ER

DEMERARA R

VE R

I RI

E SSEQUIBO RIVE R

MAZ ARU N

CREEK VEIN

GEORGETOWN

SHORT VEIN

1,000 500

5˚N

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59˚W257,000 mE

57˚W

500

1,000

2,000

SCALE IN FEET

5˚N 61˚W

0

258,000 mE

259,000 mE

260,000 mE

261,000 mE

7

se Ve in

260,800 E

LEGEND Quartz vein zones Graphitic sediments Main Aremu zone

2.5 g/TAu 3.25m channel in graphitic shear with qz

ein eV

us ho

712,300 N

6.2m @1 g/TAu including 2.2m @1.5 g/TAu

260,750 E

260,700 E

1.4 g/TAu Grab Powerhouse vein

r we Po

Aremu Historic Mine Area

Po we rh ou

260,650 E

260,600 E

260,550 E

260,500 E

AREMU Historic Mine

712,300 N

6m @0.7 g/TAu including 1.8m @1.7 g/TAu

Surface Grabs g/TAu > 3.0

1.6 g/TAu 2.6m grab

3.9 g/TAu 2.10m in qz vein

1.0 to 3.0 0.5 to 1.0

7.6m @0.8 g/TAu including 3m @1.6 g/TAu

712,250 N

u Zone

rem Main A

0.1 to 0.5

712,250 N

4.9 g/TAu 1.5m channel

< 0.1

Surface Channels g/TAu > 3.0 1.0 to 3.0

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260,750 E

260,700 E

Are mu Zon e 260,800 E

Ma in

1.2 g/TAu Grab crusher tailings 260,650 E

260,600 E

1.5 g/TAu Grab from narrow graphitic shear with qz 260,550 E

260,500 E

712,200 N

1.3 g/TAu Grab 6m @6.2 g/TAu from qz vein including 2m @12.6 g/TAu

0.5 to 1.0

712,200 N

0.1 to 0.5 0 to 0.1

0

25m

50m

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PURUNI DISTRICT Peters Mine: Guyana’s first gold mine in 1905 Most developed and highest-grade deposit in Guyana prior to opening of Omai Mine (1993)

Jubilee Mine: Operational open pit Samples of up to 9 oz Au/ton

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JUBILEE MINE Option to earn 100% interest Undrilled asset – never been subjected to drilling Historic workings: one vertical shaft, several open pits

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CANADA – Sandy Lake District

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SANDY LAKE COMPILATION Targeting +5 million ounce deposits in a large unexplored district True district-scale discovery in Northern Ontario Two high-grade gold discoveries and counting 60 km of prospective Banded Iron Formation (BIF)

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SANDY LAKE DISCOVERY – GEOLOGY, DRILLING W1-W3 ZONES Sandy Lake, Geology, Geophysics, Drilling W1,2,3 Zones (January 2020)

SD-19-22 60.48m @0.83 g/t Au

SD-19-19 7.54m @1.13 g/t Au SD-19-20 3.31m @1.84 g/t Au

SD-19-21 13.5m @1.5 g/t Au

474,000 mE

W2 ZONE

SD-19-18 2.4m @1.25 g/t Au SD-19-14 0.73m @450.4 g/t Au SD-19-16 2.46m @1.2 g/t Au SD-19-12 1.4m @11.85 g/t Au / 2.5m @1.19 g/t Au

2020 Drill Targets SD-19-19 350

300

100

SD-19-20

250

150

100

50

0

50

100

150

200

SD-19-18 SD-19-16 SD-19-17 SD-19-21 SD-19-14 SD-19-12 SD-19-13 SD-19-15 50

100

200

50 50

150

SD-19-22

W3 Zone

Drill Fan

VTEM Anomaly

Intrusive in fold nose

Current Drilling Area

150 50 50

0

Drill Pads

473,000 mE

W3 ZONE 5,881,000 mN

Drilling Grab Samples

472,000 mE

0 10

50

50 0

230m

Weak Mag Fabric

5,880,000 mN

Folded Meta-Sediments

5.2 ppm Au

3.1 ppm Au

m

600

SD-19-02

Meta Volcanics

Lake Water Historical grab sample outcrops have been relocated and resampled. Assays are pending.

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5,879,000 mN

3.1 ppm Au

0

1 KILOMETRE 2020 Drill Targets 471,000 mE

472,000 mE

473,000 mE

474,000 mE

5,879,000 mN

Intrusive in fold nose

3.6 ppm Au

INTERSECTION (m) GRADE g/t Au 4.5m

9.4

4.0m

23.1

4.0m

7.3

0.5m

536.37

1.64m

49.83

W1 ZONE HOLE NUMBER

INTERSECTION(m) GRADE g/t Au

19-05

0.6m

81.59

19-06

6.33m

17.37

19-07

6.23m

4.85

5.21m

5.02

1.94m

7.05

BK-14-07

3.90m

18.69

BK-14-05

3.50m

12.45

BK-14-16

6.83m

8.59

BK-14-11

5.47m

6.71

BK-14-12

7.03m

6.76

BK-14-03

1.15m

70.23

BK-14-23

3.85m

10.89

19-09

SD-19-03

Meta Sediments

Mag Destruction in Fold Nose

W2 Zone W1 Zone

Ground Mag Survey Line

Serpentine / Ultramafic

BK-14-18

7.5 ppm Au

Mag Fabric

Granite

BK-14-17

19-04

5,880,000 mN

Basement Structure

HOLE NUMBER

2020 Drill Targets

50 50

VTEM anomalies

BIF

5,881,000 mN

LEGEND

471,000 mE

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WHY INVEST? Strong Leadership, Bold Vision: Guyana projects show widespread gold mineralization, majors are beginning to make their presence felt in the region Sandy Lake Gold Project is in a district scale gold system that is almost completely unexplored, where access was restricted until 2014 Significant opportunity to generate >5M ounce resources in virgin greenfield projects Management fully aligned with shareholders

Experienced Exploration Team with Past Success: Guyana Goldfields: 6.5M oz Au Gold Eagle: Sold to Goldcorp for $1.5B in 2008 Navidad: Sold to Pan American Silver for $630M in 2009 Historic high gold grades in systems with widespread gold mineralization TSXV:GTWO

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CORPORATE SHARE CAPITAL Capital Structure – MARCH 2020 Common Shares Outstanding

103,888,987

Shares Fully Diluted

132,166,717

Fully Diluted Insider Shareholding Directors’ Private Placement Participation

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55,733,962 C$ 4,655,000.00

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CONTACT CORPORATE HEAD OFFICE 141 Adelaide Street West Suite 1101 Toronto, ON. Canada M5H 3L5

Patrick Sheridan Chairman +1 (416) 628-5904 p.sheridan@g2goldfields.com

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FORWARD LOOKING STATEMENTS Forward-looking statements relate to future events or the anticipated performance of G2 Goldfields Inc. (the “Company”) and reflect management’s expectations or beliefs regarding such future events and anticipated performance. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved", or the negative of these words or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially different from any anticipated performance expressed or implied by the forward-looking statements.

Important factors that could cause actual results to differ from these forward-looking statements include risks related to failure to define mineral resources, to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, future prices of gold and other commodities, capital and operating costs varying significantly from estimates, political risks , uncertainties relating to the availability and costs and availability of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, uninsured risks and other risks involved in the mineral exploration and development industry. Although the Company has attempted to identify important factors that could cause actual performance to differ materially from that described in forward-looking statements, there may be other factors that cause its performance not to be as anticipated. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date of this presentation and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Dan Noone, Director of G2 Goldfields Inc., is the Qualified Person, within the meaning of NI 43-101 and has reviewed the technical content of this presentation.

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