Drilling for Discovery NowJuly 15, 2020

Photo: First hole of the 2020 field season,SB-20-001, drilling on the Snoball Property, Pyramid Peak target, June 30, 2020

Forward-Looking Statements

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Certain statements included in this presentation constitute forward-looking statements, including those identified by the words “proposed”, “will”, anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar words and expressions to the extent they relate to Evergold Corp. (the “Company”) or its management. The forward-looking statements are not historical facts and are based on current expectations and various estimates, factors and assumptions. They therefore involve known and unknown risks, uncertainties and other factors. Any forward-looking statements represent the Company’s estimates only as of the date of this presentation and should not be relied upon as representing the Company’s estimates as of any subsequent date.

Readers should not place undue reliance on the Company’s forward-looking statements, as the Company’s actual results, performance or achievements may differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements if known or unknown risks, uncertainties or other factors affect the Company’s business, or if the Company’s estimates or assumptions prove inaccurate. Therefore, the Company cannot provide any assurance that such forward-looking statements will materialize. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Factors that could cause actual results, performance or achievements to differ materially include, but are not limited to: risks associated with the highly variable and uncertain nature of geology, the weather, the fact the Company has limited financial resources, loses money, cannot generate earnings nor pay dividends and will continue to be in this loss-making position for the foreseeable future; is entirely dependent upon debt or equity financing sourced from investors to finance its operations and has an uncertain ability to raise additional funds when required; relies on a small number of key managers who lack backup and may not be able to secure key contract personnel and services providers needed to execute it plans; may not be able to secure exploration permits; First Nations risks; and risks associated with general economic conditions, fluctuating metal prices, credit market conditions and investor risk appetite.

Management provides forward-looking statements because they believe such statements deliver useful guidance and information to readers when considering their investment objectives. Though management believes such statements to be as accurate as possible in the context of the information available to management at the time in which they are made, management cautions readers that the guidance and information contained in such statements may rapidly be superseded by subsequent events. Consequently, all forward-looking statements are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments suggested by such forward-looking statements will be realized or, even if substantially realized, that they will have the expected results, or effects upon, the Company. These forward-looking statements are made as of the date of this presentation and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

Evergold’s Qualified Person as defined by National Instrument 43-101 is Andrew J. Mitchell, P.Geo., Vice President, Exploration. Mr. Mitchell has reviewed and approved the technical information in this presentation.

Near-term discovery and capital gains potential - pure and simple

We’re not a producer and will probably never have revenues

Our goal, rather, is to deliver discoveries of merit – i.e. ones that couldbecome mines - though someone else would do it

We’re drilling now, for the first time ever, high potential targets on two projects, and have ample financing to do it

Initial results due in August - you will not have to wait long

Positioned right at the start of the Lassonde curve, so stay tuned

The Evergold Opportunity

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“Valley of Death”(define deposit size, prove up resources and

reserves, and overcome engineering and financial challenges)

First Stage of Value Creation(capital gains opportunity)

Second Stage of Value Creation(mine gets built, production starts, capital gains and dividends)

Our Position on the Lassonde* Curve

* After Pierre Lassonde, founder of Franco-Nevada

Shar

e Pr

ice

1. Established late in 2015 around four 100%-owned, drill-ready properties in B.C. from well known B.C. geo C.J. (Charlie) Greig

2. Largely mothballed 2016 to focus on GT Gold (TSXV: GTT)3. After delivering the major Saddle gold-copper discovery for GT, CEO moved back to Evergold4. Took Evergold public Oct. 4, 2019 ($3.45 million IPO at 20 cents) – largest mining sector IPO in

Canada in 2019 – achieved wide distribution (+350 new shareholders)5. Clean, focused company, no skeletons / no historical corporate baggage, widely held, tight capital

structure (~31.9 million shares I&O with a float of ~24.9 million) but nonetheless a nice liquid trader

BACKSTORY:We’ve Delivered Discoveries Before,

Our Goal is to do it Again - This Summer

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Flagship Properties

Pipeline Properties

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Snoball Property

3,545 ha.

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Snoball Property Opportunity We believe we’ve found the source of a

large, strong, gold-silver anomaly, up-slope of previous work, and are drilling it right now, for the first time ever.

Noranda drilled below the elevation of the dashed line (1992)

Snoball RidgePyramid Peak

~2012 metres

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Our sampling and modeling suggests down-slope dispersion from the actual principal source of the geochemical anomalies at and below Snoball Ridge and Pyramid Peak

Red trace represents >150 ppb gold-in-soils

& talus fines

Never drilled

Limited drilling

~1646 m

Snoball Pond

( >500 ppb Au in soils)

Drill Target

1000 metres

Snoball Prospect Viewed North

Initial Evergold Sampling (VIEWED DOWN)

Historical Norandasoil sampling grid, assays and drill holes (1990-92)

Pyramid Peak

101000 metres

ICE

ICE

ICE

ICE

High Gold Values in Soils & Talus Fines

2016 -Average of 14 talus fines samples taken along ~ 250 metres here = 0.513 g/t Au

Evergold Follow-up Sampling 2017 sampling shown as squares, and 2016 sampling as dots. Values in ppm Au

Interpreted never-drilled primary source area of downslope geochemical anomaly

Pyramid Peak

11Area of historical Noranda soil

sampling grid, assays and drilling (1990-92)

1000 metres

2017-Previous Image -

Looking Down and Zoomed in Somewhat

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Average of 39 talus fines samples collected by Evergold in 2016 and 2017 (excluding a single high value of 25.1 g/t Au) = 0.718 g/t Au. Median = 0.484 g/t Au.

Note: The industry generally considers soil samples assaying greater than 50 ppb (0.05 g/t) Au noteworthy. By this standard the tenor of assays falling within this area is ~14 times those levels that are considered noteworthy

250 m

Pyramid Peak is interpreted as the never-drilled primary source area of the strong downslope geochemical anomaly

Evergold Sampling Zoomed In 2017 sampling shown as squares, and 2016 sampling as dots. Values in ppm Au

2017 -

Snoball: Pyramid Peak Target – Apex Drill Pad

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Drilling Now(radiating holes from the ‘Apex’ pad in a

hub-and spoke arrangement)

Target type: high grade epithermal vein system and / or bulk tonnage style

250 m

Average of 39 talus fines samples collected by Evergold in 2016 and 2017 (excluding a single high value of 25.1 g/t Au) = 0.718 g/t Au. Median = 0.484 g/t Au.

Note: The industry generally considers soil samples assaying greater than 50 ppb (0.05 g/t) Au noteworthy. By this standard the tenor of assays falling within this area is ~14 times those levels that are considered noteworthy

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Pyramid PeakApex Drill Pad(all photos June 30, 2020)

Chopper on heli pad

Apex drill pad viewed SW

Chopper long-lining timbers to drill pad

Snoball: Pyramid Peak Target – Apex Drill Pad

Sample No. Au (g/t)

Au (oz/t)

Ag (g/t)

Ag (oz/t)

CBR1604002 11.35 0.33 94.1 2.7

CBR1604003 32.50 0.95 296.0 8.6

CBR1604004 80.20 2.34 452.0 13.2

CBR1604006 34.70 1.01 660.0 19.3

CBR1604007 3.98 0.12 644.0 18.8

CGSNO16R390 22.70 0.66 1,080.0 31.5

CGSNO16R391 15.95 0.47 19.8 0.6

SR-SNO-2016-019 5.22 0.15 12.3 0.4

SR-SNO-2016-026 1.02 0.03 4.5 0.1 15

Snoball: High Grade Gold and Silver in Rocks

Photo, left:Boulder of high-grade gold and silver-rich vein material taken from the Snoball prospect. Several samples have been taken from this boulder. Assay values run in the range of 80 to 100 g/t gold and 400 to 500 g/t silver

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Snoball Access

Paved highway 37

10 kms up a gentle mountain valley from highway 37

Viewed to Southeast

Snoball Pond

Snoball Ridge - UT Vein Pad1,000 Metres West of Pyramid Peak

Inset, left: Gold values in the vicinity of the UT vein pad. Rock samples - grams/tonne 17

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NEXT UP: GOLDEN LION

PROPERTY

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GoldenLionLocation

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Golden Lion and Snoball are linked by the similar rocks of

the Stikine geological terrain, defined here

by the “Golden Horseshoe”

ToodoggoneArea Play

Golden Triangle Area Play

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Golden Lion Opportunity

Immediate discovery potential

Multiple high-grade targets in outcrop, and we’ll be the first to drill them starting late this month (July)

Golden Lion PropertyLand Position – 5,099 ha.

Property does not include the inlying tenures shown top left

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GL1

GL2GL3Initial High Potential

Target Areas GL1, GL2, GL3

GL1Target Area

High-grade epithermal gold-silver Historical GL1 “Main” zone drilled by

Newmont in 1984 is open It was this zone that first attracted

Evergold Subsequent sampling of GL1 and areas

north and east of it returned exceptional results, and led to the identification of the GL2 and GL3 target areas

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GL1 “North Ridge” Zone

GL1 “Main” Zone

GL1 “Main” Zone (Close Up)2013 Soil Sampling on Historical Gold-in-Soils and Newmont DDH

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Untested and highly anomalous intersection of two main structural trends

Depth potential of gold-bearing structures

Highs here in outcrop to 13,406 g/t silver in 2019Readers should note that rock grab samples are by their nature selective and not necessarily representative of the mineralization hosted on the property

Proposed first-ever drill hole on the E-W

anomaly

GL1 North Ridge TargetExeptionally Strong 2019 Gold-in-Soil Sampling Results

Oxide colours visible “bleeding” down north slope of ridge (arrows) suggests widespread mineralization

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14.95 g/t Au in soils

Note: The average values (uncut) of the six sequential samples that appear to define the core of the anomaly were 3,328 ppb Au, 2.8 ppm Ag, and 4,422 ppm Cu; the median values were 694 ppb Au, 1.1 ppm Ag, and 2,129 ppm Cu.

The industry generally considers soil samples assaying greater than 50 ppb (0.05 g/t) Au noteworthy

Proposed initial drill hole

GL2Target Area

~1 km2 strong, multi-element anomaly

High-grade skarn, epithermal and porphyry-style mineralization in outcrop

Alteration, soil and rock geochemistry, and geophysics suggests potential intrusive target

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GL2 Skarn: High-grade Cu-Ag-Au skarn GL2 Ridge East Zone:

High-grade Cu-Au-Ag porphyry (intense stockwork)

EP Zone: High-grade Ag-Au epithermal and Cu-Ag-Au

porphyry

GL2 Ridge: Cu porphyry

GL2 BG Zone: Cu-Au-Ag porphyry

GL2 High-Grade Skarn Target

27Above: high grade skarn-style mineralization sample no.

GLAA18-036R - 13.5% Cu, 122 g/t Ag, 0.146 g/t Au

(This Zone Outcrops)

Readers should note that rock grab samples are by their nature selective and not necessarily representative of the mineralization hosted on the property

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GL2 Ridge East High-Grade Porphyry Target

Copper Gold Silver

21.1 g/t

22.4 g/t

10.8 g/t

250 m

Readers should note that rock grab samples are by their nature selective and not necessarily representative of the mineralization hosted on the property

(This Zone Outcrops)

GL2 High-Grade EP Zone Target

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Photo, right: high grade epithermal-stylemineralization sample no. GLVB18-031R –3,180 g/t Ag, 18.4 g/t Au

Readers should note that rock grab samples are by their nature selective and not necessarily representative of the mineralization hosted on the property

(This Zone Outcrops)

GL3 Target Strong, multi-element

Au-Ag-Pb-Zn anomaly

Another straight-forward drill target

GL2 Target Area

GL1 Target Area(historical 1984 Newmont

drill collars shown)

BCGS Red Line

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GL3 Target Area

GL2 Target Area

GL1 Target Area

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Exploration Plans – Geochemical Sampling

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Exploration Plans – Geophysics (IP)

GL3 Target Area

GL2 Target Area

GL1 Target Area

Exploration Plans – Drilling

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Property Activity Scope Timing

Snoball Phase I Drilling - Pyramid Peak & Snoball Ridge Targets ~2,400 metres June-July

Golden Lion Induced Polarization Geophysical Survey ~30-35 line-kms JuneGeochemical Sampling - Soils and Rocks ~500 samples June-JulyPhase I Drilling - GL1, GL2, GL3 Targets ~2,400 metres July-August

Note: Contingent upon success, the exploration program may expand. Season can run as late as mid October

TSXV: EVER OTC: EVGUF FRA: A2PTHZ

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Camp Site – Golden Lion

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Track north to Golden Lion

Golden LionModerate Topography

36TSXV: EVER OTC: EVGUF FRA: A2PTHZ

Basic Shares 31,958,000 Warrants 10,435,077 Options 3,185,000 Fully Diluted Shares 45,578,077

Share Price 0.74$ Market Cap - Basic 23,648,920$ Cash1 2,800,000$ Debt - Enterprise Value 20,848,920$

Evergold Capitalization Table (as at July 15, 2020)

Note: Of the ~31.9 million shares outstanding, 5,016,225 shares are currently held in escrow for Evergold insiders, to be released in 15% tranches (1,003,245 shares) every six months on April 4 and October 4 each year, with the final tranche to be released on October 4, 2022. An additional 1,757,388 shares from the May 22, 2020 financing are subject to a four-month hold expiring September 22, 2020.1. Excludes pre-paid exploration expenses totalling $325,291 36

Kevin M. Keough, President & CEO, Director – HBSc Geological Sciences, Queen’s University. Mr. Keoughmost recently served as CEO of GT Gold Corp., which is advancing the important Saddle Au-Cu-Ag discoveries inB.C.'s Golden Triangle. He began his career with Anglo American Corp. and De Beers, and has more than 35 yearsdiverse business experience. He couples a technical background and international experience with expertise inproject and public company management, finance and capital markets, communications, and business development.

K. Tracy Albert, Chief Financial Officer, CFA, CPA, CMA – BComm, University of Ottawa. Ms. Albert is aChartered Professional Accountant (CPA CMA) and Chartered Financial Analyst (CFA), with 25 years experience indiversified, progressive accounting and finance leadership roles. She has held Controller, Director of FinancialReporting, and Chief Financial Officer roles in both publicly-traded and privately-held companies.

Andrew J. Mitchell, Vice President, Exploration, P.Geo. - B.Sc. Earth & Environmental Sciences, University ofBritish Columbia (UBC). Mr. Mitchell is a senior geologist with CJ Greig & Associates, and has 10 years mineralexploration experience in the North American Cordillera involving grass roots to advanced-stage projects, mainly withArcher Cathro & Associates Ltd. in the Yukon and northern B.C.

Monique Hutchins, Corporate Secretary - BComm, Concordia University, member of the Institute of CharteredSecretaries and Administrators. Ms. Hutchins is the Managing Director of DSA Corporate Services and has over fifteenyears of corporate governance, corporate secretarial, client relationship and marketing experience with companiesincluding Independent Review Inc., the organization that runs Independent Review Committees for the Ontarioinvestment fund sector, Kingsdale Shareholder Services and Institutional Shareholder Services.

Management

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Kevin M. Keough, President & CEO, Director – HBSc Geological Sciences, Queen’s University. Mr. Keough most recently served as founding President and CEO of GT Gold Corp., which is advancing the large-scale Saddle Au-Cu-Ag discovery in B.C.'s Golden Triangle. He began his career with Anglo American Corp. and De Beers, and has more than 35 years diverse business experience. He couples a technical background and international experience with expertise in project and public company management, finance and capital markets, communications, and business development.

Bernice Greig, Director – BA (History) and Diploma Art History, University of British Columbia, LLB, University of Victoria. Ms. Greig is a lawyer and general solicitor with a practice in Penticton, B.C. She has had direct involvement in mineral exploration as a soil and stream sediment geochemical sampler in the Yukon with Archer Cathro & Associates Ltd., and with a number of long-standing clients with close associations with the sector.

P. Alexander Walcott, Director – B.Sc. Earth Sciences (Major), Physics (Minor), University of Alberta. Mr. Walcott is a long-standing employee of geophysical contractor Peter E. Walcott & Associates Ltd.. He has more than 20 years of active field experience in geophysical surveying and consulting throughout the North American Cordillera and around the world.

Rosie Moore, Director (Independent) – B.S. Geology, M.S. Geology, Kent State University. Ms. Moore has more than 35 years diverse international experience in the industry spanning a spectrum of roles from fieldwork and project management on prominent discoveries such as Voisey’s Bay, through mining analyst, corporate finance and portfolio management roles, to senior officer and director positions, including roles with Ivanhoe Capital, Yorkton Securities, Diamond Fields, Pan American Silver, Bear Creek and Geologic Resource Partners. Her work has involved multiple commodities and multiple projects encompassing the range of development stages, in jurisdictions around the world.

Darwin Green, Director (Independent), P.Geo. - B.Sc., University of British Columbia, M.Sc., Carleton University. Mr. Green commenced his career in BC’s Golden Triangle, and has more than 25 years of experience exploring and evaluating gold and base metal systems in Canada, the U.S. and Latin America. He is President & CEO of TSXV-listed Highgold Mining Inc., a spin-out from Constantine Metal Resources where, until the recent launch of Highgoldhe served for many years as Vice President, Exploration. He brings field skills, business development and community engagement expertise to the Board.

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C.J. “Charlie” Greig, P.Geo., Advisor - B.Sc. & M.Sc. Geological Sciences – UBC, and B.Comm - UBC. With more than 35 years in the mineral exploration sector, Charlie Greig is among the most experienced geologists in B.C.. He presently serves as VP Exploration of GT Gold Corp. where, since the Company’s establishment in fall 2016, he has led the exploration team that delivered and is now advancing the very large scale “Saddle” Au-Ag-Cu discovery, likely to emerge as the most important new discovery in the northern part of B.C.’s rich Golden Triangle since that of the nearby Red Chris deposit in the 1990s. Past projects in the Golden Triangle include work on Brucejack Lake (Pretivm), Red Mountain (Lac Minerals, IDM), Silbak Premier (Westmin, Ascot), and IKE (HDI-Amarc), in addition to work abroad on such projects as La India in Mexico (Grayd, Agnico Eagle) and Bisha in Eritrea (Nevsun).

Directors & Advisors

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