Big Ridge Gold : Condensed Interim Consolidated Financial Statements for the three months ended September 30, 2021

BIG RIDGE GOLD CORP.

(An Exploration Stage Company)

CONDENSED INTERIM

CONSOLIDATED FINANCIAL STATEMENTS

For the three months ended

September 30, 2021 and 2020

Notice to Reader

Under National Instrument 51-102, Part 4, subsection 4.3(3)(a), if an auditor has not performed a review of the unaudited interim financial statements, they must be accompanied by a notice indicating that the financial statements have not been reviewed by an auditor.

The accompanying unaudited condensed interim consolidated financial statements have been prepared by and are the responsibility of the Corporation's management.

The Corporation's independent auditor has not performed a review of these financial statements in accordance with standards established by the Canadian Institute of Chartered Accountants for a review of unaudited interim financial statements by an entity's auditor.

RESPONSIBILITY FOR CONDENSED INTERIM FINANCIAL STATEMENTS

The accompanying condensed interim consolidated financial statements of Big Ridge Gold Corp. are the responsibility of the Board of Directors and Management. The financial statements have been prepared in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB") and, where appropriate, include management's best estimates and judgments.

Management maintains a system of internal control designed to provide reasonable assurance that assets are safeguarded from loss or unauthorized use, and that financial information is timely and reliable. However, any system of internal control over financial reporting, no matter how well designed and implemented, has inherent limitations and may not prevent or detect all misstatements.

The Board of Directors is responsible for ensuring that management fulfills its responsibilities for financial reporting and is ultimately responsible for reviewing and approving the financial statements.

The Board of Directors carries out this responsibility principally through its Audit Committee. The Board of Directors appoints the Audit Committee, the majority of whose members are independent directors. The Audit Committee meets periodically with Management to review the financial reporting process and financial statements, together with other financial information of the Company. The Audit Committee reports its findings to the Board of Directors for its consideration in approving the consolidated financial statements together with other financial information of the Company for issuance to the shareholders. The Board of Directors approves the financial statements on recommendation from the Audit Committee.

Michael Bandrowski	Jim Kirke
President and Chief Executive Officer	Chief Financial Officer

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	Table of Contents
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION .................................	4
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE
LOSS..................................................................................................................................................................	5
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS ..............................................	6
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY..7
1.	NATURE OF OPERATIONS......................................................................................................................	8
2.	BASIS OF PREPARATION........................................................................................................................	8
3.	SUMMARY OF ACCOUNTING POLICIES................................................................................................	9
4.	PLAN OF ARRANGEMENT (THE "TRANSACTION").............................................................................	10
5.	MARKETABLE SECURITIES ..................................................................................................................	11
6.	EXPLORATION AND EVALUATION ASSETS........................................................................................	12
7.	SHARE CAPITAL.....................................................................................................................................	16
8.	WARRANTS.............................................................................................................................................	18
9.	SHARE-BASED COMPENSATION .........................................................................................................	20
10. GENERAL AND ADMINISTRATIVE EXPENSES................................................................................	23
11. SALARIES, WAGES AND BENEFITS.................................................................................................	23
12.	FINANCE EXPENSE, NET ..................................................................................................................	23
13. CHANGES IN NON-CASH WORKING CAPITAL................................................................................	24
14.	RELATED PARTY TRANSACTIONS ..................................................................................................	24
15.	SUBSEQUENT EVENT .......................................................................................................................	24

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BIG RIDGE GOLD CORP.

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

Unaudited - Expressed in Canadian dollars

	September 30	June 30
Note	2021	2020
$	$

ASSETS

Current assets

Cash and cash equivalents		10,509,782	8,295,125
Amounts receivable		85,012	49,379
Marketable securities	5	214,590	530,613
Prepaids and deposits		239,289	7,844
Total Current Assets		11,048,673	8,882,961
Property, plant and equipment		107,441	-
Exploration and evaluation assets	6	4,071,192	4,071,192
Total Assets		15,227,306	12,954,153
LIABILITIES AND EQUITY
Current liabilities
Accounts payable and accrued liabilities		445,202	183,121
		445,202	183,121
Deferred Share Unit liability	9	151,581	2,181
Total Liabilities		596,783	185,302
SHAREHOLDERS' EQUITY
Share capital	7	35,974,316	32,759,316
Contributed surplus - warrants	8	1,303,426	1,303,426
Contributed surplus - options	9	1,879,364	1,832,879
Deficit		(24,526,583)	(23,126,770)
Total Shareholders' Equity		14,630,523	12,768,851
Total Liabilities and Shareholders' Equity		15,227,306	12,954,153

Nature of operations (Note 1)

Subsequent event (Note 15)

Approved and authorized by the Board of Directors on November 23, 2021

"Nick Tintor" , Director	"Michael Bandrowski" , Director

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The accompanying notes are an integral part of these condensed interim consolidated financial

statements.

BIG RIDGE GOLD CORP.

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE

LOSS

For the three months ended September 30

Expressed in Canadian dollars

		2021	2020
	Note	$	$
EXPENSES
Exploration expense	6	653,022	6,700
General and administrative expense	10	435,474	325,143
Finance expense, net	12	311,317	3,571
Loss and Comprehensive Loss		1,399,813	335,414
Loss and comprehensive loss per share		$	$
Basic and diluted		0.01	0.01
Weighted average number of common shares		#	#
outstanding
Basic and diluted		103,791,064	43,897,452

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The accompanying notes are an integral part of these condensed interim consolidated financial

statements.