| February 2020 | bluethundermining.com |

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Forward Looking StatementsThis document contains forward-looking statements that reflect the company’s current expectations regarding future events. To the extent that any statements in this document contain information that is not historical, the statements are essentially forward-looking and are often identified by works such as as “anticipates”, “intends”, “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates”, “targets”, or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, eventsor results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. Forward looking statements involve risks, uncertainties and other factors that could cause results to differ materially from those expressed or impliedby such forward-looking statements. There are many factors that could cause such differences, particularly: volatility and sensitivity to market metal process; impact of change in foreign currency exchange rates and interest rates; imprecision in reserve estimates; environmental risks including increase regulatory burdens; unexpected geological conditions; adverse mining conditions; changes in government regulations and policies, including laws and policies; failure to obtain necessary permits and approvals from government authorities; and other development and operating risks.

Whereas the company believes the assumptions underlying in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, whether or not it should be revised because of new information, future events or otherwise, unless required to do so by the applicable securities laws.

Qualified Person

John Langton, M.Sc., P. Geo., owner of JPL Geoservices, is the Qualified Person under NI 43-101 on standards of disclosure for mineral projects.

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“The Nelligan gold discovery is a potential game changer for the district

and will attract attention on our nearby Muus Project

Blue Thunder Mining has the right ingredients, in a great location and at

the right time to make amazing mineral discoveries.

We are very excited and have high expectations.”

– Chad Williams, CEO and Chairman

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GEOLOGICAL HOT SPOT• Significant amount of recent staking, consolidation, acquisitions and M&A in the Chibougamau District

• Muus Project is proximal to past producers and deposits (Joe Mann, Philibert, Chevrier) and recent exploration

success (Nelligan, Monster Lake)

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Blue Thunder Highlights

QUEBEC AMONG THE BEST JURISDICTIONS • Quebec rated fourth best mining jurisdiction in the world by the Fraser Institute (2019)

• Excellent access and infrastructure; ~55 km SSW of Chibougamau; good road access; power and rail nearby

LARGE LAND POSTION • Blue Thunder holds 100% interest in the Muus Project (~48,500 hectares), consisting of three separate blocks;

Muus, Muus East and Nisk

• Very compelling structural setting, covering ~24 km of the Guercheville Deformation Zone, host to many of the

gold deposits in the Chibougamau District

Blue Thunder Receives Final Approval from the TSX-V• Completion of an amalgamation with a Capital Pool Company (Platform Eight Capital Corp.)

• Subject to TSX-V approval, Blue Thunder to start trading on February 14, 2020 on the TSX-V under the

ticker BLUE

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Blue Thunder / Platform Eight

Transaction and Public Listing

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➢ On January 31, 2020 Blue Thunder Mining Corp. (“Blue Thunder”) and

Platform Eight Capital Corp. (“Platform”) received conditional approval

from the TSX Venture Exchange (“TSXV”) of the Qualifying Transaction1

of Platform. At the closing of the transaction, in accordance with the

amalgamation agreement dated November 28, 2019:

o Platform will acquire all issued and outstanding shares of Blue

Thunder for 26.8476 shares of Platform

o Platform will change its name to Blue Thunder Mining Inc.

o Blue Thunder Mining Inc. will commence trading with a TSXV listing

under the symbol BLUE

➢ Closing of the transaction is expected on February 14, 2020, subject to

TSXV approval

(1) As such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSXV

Current Blue Thunder Share Data(as of February 14, 2020)

TSXV:BLUE

51.84 M shares outstanding4.85 M options5.25 M warrants 61.94 M fully diluted

Red Cloud Mining Capital

Inc.

Board and Management

Plethora Private Equity

Delbrook

Others35.7%

11.2%

43.5%

5.9%

3.7%

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Principle Shareholders

Muus Project - LocationMuus Project - LocationMuus Project - Location

Nelligan

MonsterLake

FentonBachelor Lake

Windfall

Barry

Chevrier

Joe MannPhillibert

Meston

Well-maintained Forestry Service gravel

road provides direct access to property

Chibougamau-Chapais Mining Camp: 3 billion pounds of copper and 4 million ounces of gold produced

Chibougamau

Chapais

Waswanipi

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1 Nelligan NI 43-101 Technical Report, Oct 22, 2019, Prepared for Iamgold Corp and Vanstar Mining Resources

Blue Thunder Claims

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Blue Thunder ClaimsBlue Thunder Claims

Muus East

Nisk

Muus

Blue Thunder Claims

Chibougamau

Nelligan

Chapais

Monster Lake

Chevrier

Joe MannPhillibert

Meston

Fenton

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Muus Project Geology

Muus Property

Nisk Property

Muus East Property

Note: Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM

website: sigeom.mrn.gouv.qc.ca

Nelligan Maiden Resource Announced October 2019

(75% IAMGOLD, 25% Vanstar)

Inferred Resource: 97Mt @ 1.0 g/t Au = 3.2Moz Au

(currently deposit is ~1 km along strike and open in most directions)

October 22, 2019 IAMGOLD Corporation News Release

Mineralization at Nelligan is Not Typical of the Abitibi

→ Gold mineralization hosted in ductile-deformed sedimentary units within the

Druillette syncline and associated with the Guercheville Deformation Zone.

→ Pervasive alteration and replacement, with disseminated mineralization (rather

than veins); this style of mineralization is not common locally.

NEW DISCOVERY AT NELLIGAN → Game-Changing Discovery

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Another Nelligan to be Found?

→ The Nelligan host sedimentary units and structural fabrics strike WNW towards

the Muus Property; Muus and Nelligan have similar underlying geology and

setting.

→ Regional and local structures and deformation zones are common to both

Muus and Nelligan.

HISTORICAL WORK

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• Majority of the exploration work on Muus between 1950’s and 1980’s, focused on

discrete parts of the property. Nisk and Muus East remain mostly unexplored.

• Previous work includes:

― 154 diamond-drill holes (ddh); mostly shallow and wide-spaced; anomalous drill

hole assays were often not followed-up

― Till sampling using RC drilling

― Airborne and ground geophysical surveys (magnetics, EM, VLF, IP)

― Mapping, trenching and sampling

BLUE THUNDER EXPLORATION

• Blue Thunder acquired the Muus property in 2017 and have gradually added to the

land position through staking and option agreements.

• Blue Thunder exploration includes:

― Airborne fixed wing aeromagnetic survey in early 2019, covering the original Muus

block (50-100 m spaced flight lines)

― Helicopter aeromagnetic survey (50-250 m spaced flight lines) in late 2019

covering the newly acquired ground at Muus, as well the Muus East and Nisk

properties (results pending)

― Regional prospecting/sampling and a trenching/ sampling program at prospective

Welb Showing (results pending)

Muus Property

Source: SIGEOM WEBSITE, SYSTEM D’INFORMATION GEOMINERE DU QUEBEC | CARTE INTERACTIVE

MUUS HISTORICAL TILL SAMPLING

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Clusters of till concentrate

samples ranging up to >5,000

ppm Au

Vertical Gradient of

Residual Magnetic Field

Source: SIGEOM website

Note: Muus property outline has been expanded

beyond limits depicted in this diagram

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Muus

Joe Mann Mine Historical Production (4):

1.8Moz @ 8.5 g/t Au

Chevrier Main Zone(3): Ind: 11Mt @ 1.2 g/t = 423KozInf: 6.3 Mt @ 1.3 g/t = 259Koz

Monster Lake Deposit (1): Inf: 1.1Mt @ 12 g/t = 433Koz Au

Philibert Deposit (4): 1.4Mt @ 5.3g/t = 200Koz Au

Meston Deposit (4): 1.2Mt @ 6.3g/t = 200Koz Au

Nisk

MEGATEM II MAGNETIC DATA

(1) Monster Lake NI 43-101 Technical Report, Apr 9, 2018, Prepared for Iamgold Corp and Tomagold Corp

(2) Nelligan NI 43-101 Technical Report, Oct 22, 2019, Prepared for Iamgold Corp and Vanstar Mining Resources

(3) Chevrier NI 43-101 Tehcnical Evaluation Report, Feb 4, 2019, Prepared for Genesis Metals Inc

(4) Historical Resource estimate - Not in compliance with NI 43-101 and should not be relied upon

(5) Sourced from Quebec Government SIGEOM website

Nelligan Deposit (2): Iamgold/Vanstar JV

Inf: 97Mt @ 1.0 g/t = 3.2Moz Au

Vertical Gradient of Residual Magnetic Field(5)

MuusEast

MUUS AIR-MAG SURVEY (Total Magnetic Intensity)(January 2019)

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Muus Property

Note: the January 2019 survey only covered a portion of the current

Muus property. During December 2019, the un-flown portions on Muus

were flown, along with Nisk and Muus East – results are pending

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SELECTED MUUS HISTORICAL SHOWINGS + GEOLOGY

Lac Bernard-South Drillhole LB-11 g/t Au over 1.6mFrom 139.3m to 140.9m

Lac Bernard WestDrillhole F1: 0.6m @ 13.6 g/t Ag From 58.2m to 58.8m

Welb8 g/t Au over 1m Channel sample

Chesbar 2-BDrillhole 150.3% Cu over 5.5mFrom 282’ to 300’

Chesbar Deposit(1)

Historic Resource14Kt @ 1.9% Cu

Lac Rane1.2% Cu + 0.4 g/t Au Over 0.5m Channel sample

Lac Des Stables0.6% Cu and 1.7 g/t AgGrab Sample

PS-32.6 g/t Au grab sample

Riverside Hole 1-A29.5 g/t Au over 0.6mFrom 379 ft to 381 ft

Drillhole VS-93-011.1 g/t Au over 0.6mFrom 57.8m to 58.4m

Lac des Vents SouthHole LDV-94.0 g/t Au over 2.0mFrom 16.6m to 18.6m

Drillhole SP-93-021.6 g/t Au over 1mFrom 23.5m to 24.5m

Drillhole LC-201.2 g/t Au over 0.4m From 66.5 to 66.9m

(1) Historical Resource estimate - Not in compliance with NI 43-101 and should not be relied upon

(2) Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM

website: sigeom.mrn.gouv.qc.ca

Drillhole LDV-282.3 g/t Au over 1.5mFrom 76m to 77.5m

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Muus Project: Initial Target Areas

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Muus Property

Nisk

Property

Note: Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM

website: sigeom.mrn.gouv.qc.ca

Muus East Property

NEXT STEPS:DEFINE HIGHEST PRIORITY DRILL TARGETS

• Compile all historical data on the Project and

incorporate with the recent airborne surveys

• Complete Artificial Intelligence and Machine Learning

using compiled Project data to assist in target definition

• 2020 Spring/summer: complete mapping/sampling

ground geophysics over prioritized targets

• 2020 Spring/summer: diamond-drilling of “best” targets

• Continue to pursue new acquisition/M&A opportunities

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• Founder and Chairman of Red Cloud

Securities

• Former CEO of Victoria Gold Corp

• Former Head of Mining Investment

Banking at Blackmont Capital

CHAIRMAN, CEO, DIRECTOR

Chad Williams

• Former VP, Research at Red Cloud Securities

• Former Manager of Corporate Development at

Victoria Gold Corp from 2010 to 2015

• Over 10 years of experience exploration geologist

in the DRC, Canada

and Indonesia

TECHNICAL ADVISOR

Edmond Thorose

• Almost 15 years of experience in all aspects of

the finance function within the mining industry

• Previously CFO of Lupaka Gold Corp. and VP

Finance at Dominion Diamond Corporation

• Has CPA (CMA) designation and is a CFA

charterholder

CHIEF FINANCIAL OFFICER

Ryan Webster

Drew Anwyll, P.Eng

PRESIDENT

• Former SVP Technical Services Detour Gold

• Former VP Operations & Mine General Manager

Detour Gold

• Over 25 years of international gold mining

experience in exploration, start-up, construction

and production in Open Pit and Underground

operations

Our Strong Management Team

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• Former VP Corporate Development at Entrée

Resources and COO at Mason Resources

• More than 30 years experience in the mining and

exploration industry with a strong background in

project management and evaluation, exploration

program design and execution, and evaluation of

M&A opportunities

Technical Consultant

Robert Cinits P.Geo

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• Operating executive with senior

management background

• Dedicated to building and transforming

organizations to drive significant growth

and value

DIRECTOR

Arv Gupta

• President of Red Cloud Securities

• Former Director in the Mining Equity Research

Group for National Bank Financial

• Over the past 20 years has worked in mining

equity research at Wellington West, Scotia Capital

and TD Securities

DIRECTOR

Paolo Lostritto

• Mining Executive and Geologist with over 30

years of experience

• At Toronto Stock Exchange from 1997 to 2005

culminating as National Leader of Mining

• Director of Aurania Resources Ltd., Almaden

Minerals Ltd and Alamos Gold Inc.

DIRECTOR

Elaine Ellingham

• Entrepreneur with 20 years of experience in

management and business development in

technology

• Areas of expertise: strategic planning, business

development, providing strategic solutions,

creating business initiative and identifying

opportunities.

DIRECTOR

Accomplished Board of Directors

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Phil Girard

• Executive Vice President and founding partner of

Haywood Capital Markets Division

• Rick spearheaded the expansion of Haywood’s

institutional accounts in the eastern US and across

Canada

• 25 Years of Capital Markets experience

DIRECTOR

Rick Paolone

CONTACT US

Blue Thunder Mining Corporation

105 King Street East

2nd Floor

Toronto, ON

M5C 1G6

info@bluethundermining.com

1-416-477-3404

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Appendix / Supplemental Slides

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Adjacent Properties

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Note: Property

boundaries of

adjacent

properties are

approximate