GIGA METALS

PROPERTY LOCATION & ACQUISITION DATE

Project Activities In The 2022 Season

Giga Metals Corp.

203-700 West Pender St., Vancouver, BC V6C 1G8 gigametals.com

Contacts

General Inquiries

Holly Millar Director of Corporate Communications 604 290 6435 hmillar@gigametals.com

LEADERSHIP

Mark Jarvis CEO & Chairman 604 681 2300 mjarvis@gigametals.com

CONTRACTING & EMPLOYMENT

Greg Ross Project Manager 604 681 2300 gross@gigametals.com

ENVIRONMENT

Ed Beswick Director of Government Relations 604 681 2300 ebeswick@gigametals.com

The Turnagain Nickel Project is located 65 km east of Dease Lake in eastern Tahltan Territory, near Turnagain River and Hard Creek. The first claims were staked in the 1950s; current management has controlled the project since 2004.

COMPANY OVERVIEW & UPDATE

Any successes or challenges you’d like to share?

Challenges – Contractor, equipment and helicopter availability required that we start the season in late May, but we were unable to get authorization from the BC Government to use the Boulder Trail until mid-July.

Successes – Completed a joint venture partnership with Mitsubishi to advance the Turnagain Project and fully fund our prefeasibility study.

With support from the Tahltan Central Government (TCG) Lands Department, we have initiated the Tahltan Land Use and Occupancy Study and have signed a Tahltan Knowledge protocol.

Number of employees working on your project(s)?

Giga Metals has only a few year-round employees. During the 2022 field season, there were generally between 11 and 17 workers at camp from May to July (primarily contractors).

Continued wildlife and hydrological studies, 18 excavator test pits in support of waste and stockpile facility design and 415 m of sonic/HQ (five holes) with oriented core, packer tests, and vibrating wire piezometer installs in support of tailings storage facility design.

Where does the majority of your financing come from year to year? What’s the breakdown of who owns your company and what’s your company’s market cap?

Institutional and private investors from around the world have invested in Giga Metals Corporation. In 2022 Giga Metals created a joint venture subsidiary called Hard Creek Nickel Corp. Mitsubishi Corporation bought 15% of Hard Creek Nickel Corp. and the money they invested is being used to fund the prefeasibility study for the Turnagain Project.

There are approximately 98 million shares issued and outstanding, of which approximately 6% are controlled by management and insiders. The market cap is $32 million.

Tentative plans and hopes for the 2023 season?

In the 2023 season we hope to do the following:

• Continue and/or improve environmental baseline studies;

• Complete our prefeasibility study; and

• Continue archaeological investigations over the mine infrastructure area.

We do not currently expect the following activities to be funded in 2023, but they may be executed in 2023 if funding allows and suitable resources are available:

• Geotechnical drilling in support of pit, waste and stockpile, mill and tailings design; and

• Targeted resource drilling to convert remnant resources within the mine plan into reserves.

RELATIONSHIP WITH THE TCG & TAHLTAN NATION

During the 2022 season, what involvement did TCG personnel and departments have with your company? If they were not involved, why not?

We had help and guidance from the Employment & Business Director, Ann Ball, in connecting us with Tahltan businesses for contracts.

In 2022, how many Tahltans did you employ? What positions did they hold in your company and what percentage of Tahltans did you employ compared to others?

We did not directly employ any Tahltans in 2022. Our contractors employed three Tahltans in 2022 as pad builders and camp support. Approximately 7% of workers at Turnagain in 2022 were Tahltans.

What employment opportunities, now and in the future, are available to Tahltan members?

For the foreseeable future, most opportunities will be seasonal and at the Turnagain Project. They will include diamond and other drilling, heavy machinery, archaeological and environmental studies, and camp services. Opportunities are expected both directly with Giga Metals, and with contractors.

Why should Tahltan members want to work for you?

Giga Metals is committed to advancing the Turnagain Project as a responsible, low-carbon source of nickel, a critical material for electric vehicles and long-lasting infrastructure. Tahltans interested in any aspect of the mining business are encouraged to contact Giga Metals about employment and contracting opportunities.

Did you have any Tahltan contractors working for your company? What percentage of your contracting dollars went to Tahltan companies, including TNDC and their joint ventures?

Yes. 45% of our spend in the territory went to Tahltan contractors.

Do you have any outside contractors working for you? If so, who are they? Who were the primary contractors you utilized?

Several engineering firms and other contractors do work periodically throughout the year. 2022 field season outside contractors included geotechnical engineering and helicopter services.

Anything else you would like to share with the Tahltan Nation?

With support from the TCG Lands Department, we have initiated the Tahltan Land Use and Occupancy Study and have signed a Tahltan Knowledge protocol. We look forward to undertaking this important work during 2023, including participating in community sessions.

We have current communication and opportunities sharing agreements with the TCG and we have been welcomed at community meetings in Dease Lake, Telegraph Creek, and Iskut, and have employed Tahltans wherever feasible. We have sponsored local community activities and contributed to disaster relief during the Telegraph Creek fire of 2018. We are committed to working co-operatively with the TCG to advance the project. We will continue to share relevant information as the project advances, and will always welcome Tahltan feedback.