Moneta Gold : Corporate Presentation November 2022

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Corporate Presentation

Creating a Major New Canadian Gold Project

November 2022

monetagold.com

TSX: ME | OTCQX: MEAUF | Xetra: MOP

Forward Looking Statements

Certain statements in this presentation including certain information about Moneta's business outlook, objectives, strategies, plans, strategic priorities and results of operations, as well as other statements which are not current statements or historical facts, constitute "forward-looking information" or "forward-looking statements" ( collectively "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (without limitation, statements regarding exploration programs, potential mineralization, future plans and objectives of the Company, updated to the mineral resources, and the timing and results thereof) are forward-looking statements. Sentences and phrases containing words such as "believe", "estimate", "anticipate", "plan", "will", "intend", "predict", "outlook", "goal", "target", "forecast", "project", "scheduled", "proposed", "expect", "potential", "strategy", and the negative of any of these words, or variations of them, or comparable terminology that does not relate strictly to current or historical facts, are all indicative of forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company.

Forward-looking statements are subject to inherent risks and uncertainties, and are based on several assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from Moneta's expectations expressed in or implied by such forward-looking statements and that Moneta's business outlook, objectives, plans and strategic priorities may not be achieved. These statements are not guarantees of future performance or events, and Moneta cautions you against relying on any of these forward-looking statements. Forward-looking statements are provided in this presentation for the purpose of assisting investors and others in understanding Moneta's objectives, strategic priorities and business outlook, and in obtaining a better understanding of Moneta's anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. Examples of forward-looking statements in this presentation include, but are not limited to: information with respect to the future performance of the business, its operations and financial performance and condition; statements relating to Moneta's plans for the Project); the Corporation's drilling program and the timing and results thereof; the timing and scope and focus of the Corporation's pre-feasibility study ("PFS"); statements regarding the environmental impact assessment and community engagement activities; and the Corporation's financing initiatives.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Important risk factors that could cause actual results or events to differ materially from those expressed in, or implied by, the forward-looking statements contained in this presentation include, but are not limited to: uncertainties relating to the availability and costs of financing needed in the future; changes in commodity prices; changes in equity markets; changes to regulations affecting the Company's activities; the uncertainties involved in interpreting exploration results and other geological data and the other risks involved in the mineral exploration industry; the impact of COVID-19 related disruptions in relation to the Corporation's business operations including upon its employees, suppliers, facilities and other stakeholders; uncertainties and risk that have arisen and may arise in relation to travel, and other financial market and social impacts from COVID-19 and responses to COVID 19 and the ability of the Corporation to finance and carry out its anticipated goals and objectives; international conflicts and other geopolitical risks, including war, military action, terrorism, trade and financial sanctions, which have historically led to, and may in the future lead to, uncertainty or volatility in global commodity and financial markets and supply chains; and the impact of Russia's invasion of Ukraine and the widespread international condemnation has had a significant destabilizing effect on world commodity prices, supply chains, inflation risk, and global economies more broadly, may adversely affect the Corporation's business, financial condition, and results of operations. See also the risks disclosed in the section entitled "Risk Factors" in the Company's AIF posted on the Company's website and on SEDAR. Readers are cautioned that the risks referred to above are not the only ones that could affect Moneta. Additional risks and uncertainties not currently known to Moneta or that Moneta currently deems to be immaterial may also have a material adverse effect on Moneta's financial position, financial performance, cash flows, business or reputation.

Forward-looking statements made in this presentation are based on a number of assumptions that Moneta believed were reasonable at the time it made each forward-looking statement. The assumptions, although considered reasonable by Moneta on the day it made the forward-looking statements, may prove to be inaccurate. Accordingly, our actual results could differ materially from our expectations. 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. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Jason Dankowski, P.Geo.is a qualified person under NI 43-101 and has reviewed and approved the contents of this presentation.

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Overview of Moneta

Ontario Focused Gold Explorer in the Timmins Camp

• Tier 1 location
• Excellent infrastructure (roads, power, mills)
• Skilled local workforce
• Mining friendly and safe jurisdiction

Flagship Asset

Tower Gold Project

• Gold inventory 4.5 Moz indicated & 8.3 Moz inferred
• High grade underground and large-scale open pit
• Robust economics
• Size and location
• Pipeline of projects

Robust PEA

• After-taxNPV5% of CA$1,066M and IRR of 31.7% at US$1,600/oz
• Payback 2.6 years
• 261,000 oz/pa (1st 11 years)
• 7.0 Mtpa through-put
• 4.6 Moz LOM production

Upcoming Catalysts

• 60,000 m resource upgrade drilling completed
• Expanded upgrade and infill drill program
• EIA study
• Pre-FeasibilityStudies (PFS)

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Major New Gold Project in the Timmins Camp

Tower Gold Project

• Timmins Gold Camp has produced 85 Moz gold over the last 100 years
• Canada's most prolific gold producing camp
• No royalties or encumbrances over majority of resources
• 100% ownership of all resources
• Land and mineral rights
• Low capex and low cash costs, proven robust economics
• Industry leading: Low carbon footprint

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							TSX: ME | OTCQX: MEAUF | Xetra: MOP
Corporate Information
						52 Week Range	High: $2.97
			Shares Outstanding	102.7	Million	Low: $1.36
			Options (avg $1.80)	2.9	Million	November 8, 2022
			Warrants (avg $2.28)	0.9 Million	Current Share Price	$1.65
			Fully Diluted	106.6	Million	Market Capitalization	$ 169 Million

	OWNERSHIP
O3 Mining
24%	Retail
	33%

Insiders

3%

Institutions

40%

monetagold.com

Cash Position	$14.4 Million
Debt	Nil
	Analyst Coverage
	Sehaj Anand	iA Capital Markets
	Don Blyth	Paradigm Capital
	Brandon Gaspar	Sprott Capital Partners
	Kerry Smith	Haywood Securities Inc.
	Stephen Soock	Stifel Nicolaus Canada Inc.
	Paul O'Brien	Velocity Trade Capital
	Institutional Shareholders
	1832 Asset Management	Gabelli
	Dundee-Goodman	K2 & Associates
	Eric Sprott	Libra Advisors
	Extract Capital	Mackenzie Financial
	Franklin Templeton	RBC Global Asset Management5