TSX: HRT FRANKFURT: H4O OTC: HRTFF. Corporate Presentation January 2019

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1 TSX: HRT FRANKFURT: H4O OTC: HRTFF Corporate Presentation January

2 FORWARD LOOKING STATEMENTS This presentation contains forward-looking information under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to completion of any financings; Harte Gold s development potential and timetable of its operating, development and exploration assets; Harte Gold s ability to raise additional funds necessary; the future price of gold; the estimation of mineral reserves and mineral resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production, development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental and permitting risks. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Harte Gold to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Harte Gold and in its public documents filed on SEDAR from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Harte Gold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Harte Gold does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Harte Gold s annual and interim MD&As. All figures in CAD, unless otherwise noted All tonnages in metric, unless otherwise noted 2

3 COMPANY SNAPSHOT Corporate Structure Institutional Support Headquartered Toronto, Ontario, Canada Symbol TSX: HRT FRANKFURT: H4O OTCBB: HRTFF Market Cap C$245 million (C$0.41/share) Shares Outstanding 596 million (Basic) 658 million (Fully Diluted) Analyst Following Macquarie Cantor Fitzgerald Haywood Capital Mkts Buy C$0.70 Buy C$1.20 Buy C$0.80 Major Shareholders* Appian Natural Res. 19.9% Orion Mine Finance 7.2% Old Mutual 0.9% Debt Financing for up to US$70 Million Sprott Inc. US$50 M Appian Natural Res. US$20 M Head Office (Toronto) * As at Q4 2018, source: Bloomberg 3

4 PROJECT LOCATION Located on a Major Greenstone Belt in an Established Mining Region 4

5 INVESTMENT HIGHLIGHTS Newest Producer, Significant Near Term Upside The Newest, High Grade Canadian Gold Producer Commercial production declared in January Koz targeted at 575 tpd, low cost expansion potential Consensus P/NAV 1 1.2x History of Delivering Consistent Resource Growth 0.7x Tripled resource from 2015 to ,000 m drilled since then, resource update coming 0.4x District Scale Exploration Potential Harte Gold Peer Average Highest Peer 83,850 hectare land package, 30 Km strike potential Over 90% of the property is unexplored 1. Source: analyst estimates 5

6 Measured + Indicated Resource Grade (g/t Au) HIGH GRADE RESOURCE Sugar Zone is One of the Highest Grade Deposits Globally 16.0 Sugar Zone Resource Estimate 12.0 Category Tonnes Grade (g/t) Contained Au (oz) Sugar Zone Project 8.5 g/t Indicated Resource, 94th percentile Indicated 2,607, ,200 Inferred 3,590, , Development Projects Worldwide Note: Data set includes worldwide FS, PFS and PEA stage projects Source: SNL, public company information 6

7 MILESTONES ACHIEVED Asset de-risked Share price has yet to reflect it Declared Commercial Production First Gold Pour IBA signed with Pic Mobert FN Footwall Zone discovery at the Middle Zone Production Permits Received Sugar, Middle and Wolf zones converging at depth PEA + US$70 million comprehensive debt financing announced 2018 A big year for Harte Gold Resource Update: Tripled Resource Q1 Q2 Q3 Q4 7

8 CONTINUALLY IMPROVING RESOURCE Mineral Resource Update (Target Early 2019) Drilling in 2018 has expanded mineralization and improved grade 8

9 PEA MINE PLAN Objective Was to Start Small, Use Near Term Production to Continue Development Areas Mined Lower grade Sugar Zone South Ramp Throughput 510 tpd Sugar Zone South Ramp Sugar Zone North Ramp Production 33,233 oz Grade 5.83 g/t 2019 Middle Zone Cash Cost US$953/oz AISC US$1,630/oz (underground development) Areas Mined Higher grade areas of Sugar Zone North and South Throughput 800 tpd (supported by existing surface infrastructure) Production 75,000 oz+ Target Grade g/t North Cash Cost US$445/oz AISC US$658/oz (lower sustaining CAPEX) 9

10 CONTINUALLY IMPROVING MINE PLANNING Feasibility Study and Updated Life Of Mine Plan (Target Q1 2019) There are a number of ways to improve mine planning based on work completed in 2018 New Resource Model 90,000 meters of drilling not in the mine plan Inferred resources converted to higher grade Indicated Optimize Grade Open up higher grade areas earlier in the mine plan Stope Blast At 140 Level (December 2018) Sill Width (3m) Higher Throughput Mine Management Control Dilution Achieve 800 tpd ahead of 2020 target Optimize stope sequencing, development underground to better manage grade Optimize sill drives widths Blasted Stope (1.8 m) CLEAN BREAK 10

11 PROPERTY-WIDE EXPLORATION Objectives for 2019 OBJECTIVES: 1 Extend mineralization on strike and down dip of existing deposits Continuation of mineralization to the North Wolf Zone 2 Discover mineralized trends adjacent to Sugar and Middle ` Middle Zone Sugar Zone EM Targets Identified 3 30 Km strike length largely unexplored Follow-up on anomalous gold sampled to the South Second pass exploration of defined target areas Follow-up drilling 11

12 PROPERTY WIDE EXPLORATION Accomplishing Our Objectives Target Areas Rationale Budgeted Work 1 Extension on Strike and Down Dip Areas north of Wolf and Fox Areas on strike and below Sugar and Middle Zones (1,200 m depth) Extensions to known mineralized areas low hanging fruit Anomalous mineralization returned north of Wolf and Fox in 2018 soil sampling Deep exploration at Sugar / Middle to prove mineralized continuity at depth Diamond drilling (20,000 m targeted) Down hole IP surveying four hole program Down hole IP works discovery of Sugar Zone Deep and Sugar-Middle Zone convergence 2 New Mineralized Trends EM targets identified on the east side of the property K7 Zone to the south Target areas are situated on known mineralized trends 2018 soil sampling returned anomalous mineralization Diamond drilling (5,000 m targeted) Ground geophysics 3 Eagle Zone Highway Zone Leverage preliminary drill program Follow-up targets identified Budget and ongoing work to be finalized Revisit Other Property Wide Targets 12

13 KEY TAKEAWAYS Commercial production achieved Operations are stabilized, simple mine design, excellent continuity 2019 PEA target for 2019: 33,000 oz production, generates cash flow for continued development Feasibility study and optimized life of mine plan targeted for Q Resource update underway to improve grade and add ounces Property wide exploration underway only 10% of the land package has been explored! 13

14 APPENDIX ONTARIO S NEWEST HIGH GRADE GOLD PRODUCER

15 EXPERIENCED MANAGEMENT TEAM Stephen G. Roman Chairman, President & CEO; BA 35+ years Discovered Gold Eagle, sold to Goldcorp ($1.5B) Verena Minerals / Belo Sun Volta Grande, Black Fox, Gabriel Resources Limited PDAC Bill Dennis Award winner, Prospector of the Year, 2016 Roger J. Emdin Vice President, Operations; P.Eng. 30+ years Senior management and operating experience Experience with large operating mines including Glencore s Nickel Rim South Mine Chairman CEMI Center for Excellence in Mining Innovation Rein Lehari Chief Financial Officer; CPA, CA 30+ years Previously Partner, PricewaterhouseCoopers Business valuation, M&A, corporate finance George Flach Independent Consultant; B.Sc. P.Geo. 30+ years Discovered / developed gold projects in West Africa 20Moz Gold Fields Tarkwa, 4Moz Bogosu and 2Moz Benso mines in Ghana 2Moz Goulagou mine in Burkino Faso 15

16 EXPERIENCED MANAGEMENT TEAM Gordon K. Reed General Manager, Sugar Zone Mine; P.Eng. 35+ years Tim Campbell Vice President & Secretary; BA Hons. 20+ years Shawn Howarth Vice President, Corporate Development; MBA, B.Eng. 15+ years Bob Kusins Resource Geologist; P.Geo. 35+ years Experience in high grade underground mining environments Formerly General Manager of the Seabee Mine in Saskatchewan Government & Permitting First Nations & Community consultation Corporate finance Regulatory compliance Experience in corporate finance, corporate strategy and valuations Formerly an investment banker with Standard Chartered Bank Underground mine geologist, geological database management, modelling and resource estimation Formerly Chief underground geologist at Barrick s Hemlo Mine 16

17 Pre-Tax NPV5% ($ Millions) ENHANCING PROJECT VALUE STAIRWAY Several Opportunities For Mine Optimization $750 $600 head grade: g/t mineable resource by 534,000 ounces $560 mining dilution, lower mining costs $610 $610 $500 $450 $425 $344 $300? $150 US$1,250/oz Gold Price US$1,350/oz Gold Price Improve Head Grade Upgrade Resources Mine Plan Optimization Sugar Zone NPV Potential Exploration Upside PEA Pre-Tax NPV 5% Opportunities to Further Enhance Value 17

18 PHASED MINE PLAN INCREASING TO 1,400 TPD Provides Early Cash Flow and Longer Term Growth H H H

19 Production (koz Au) Throughput (ktpa) Grade (g/t Au) PEA PRODUCTION PROFILE Scalable Mine Plan Designed to Match Underground Development Throughput and Grade Phase 1 & 2 (800 tpd) Phase 3 (1,400 tpd) Diluted Head Grade Production Forecast Exploration Potential Resource Growth Phase 1 & 2 (800 tpd) Phase 3 (1,400 tpd) 19

20 PEA SUMMARY Input Unit Value Gold Price US$/oz $1,250 Exchange Rate CAD:USD 0.80 Average Annual Throughput (2019+) tpa 403,000 Average Daily Throughput (2019+) Tpd 1,100 Total Processed Tonnes 4,539,800 Macro and Physical Parameters Diluted Head Grade g/t 6.5 Gold Recovery % 95.4% Mine Life Years 12 Total Ounces Recovered Ounces 904,000 Average Annual Production (Phase I & II) Ounces 54,500 Average Annual Production (Phase III) Ounces 106,900 Average Annual Production (LOM) Ounces 80,700 Peak Annual Production (2024) Ounces 121,400 Cost Parameters Mining Costs C$/tonne $90.83 Processing Costs C$/tonne $28.71 Site G&A C$/tonne $8.46 Total Costs C$/tonne $ Cash Cost Summary * Converted from CAD to USD at LOM Average Cost* US$/oz $507 LOM AISC* US$/oz $708 20

21 21 G O L D C O R P