Friday, October 16, 2020 1:37:31 PM
DeatalOverview of the Turnagain Project and Royalty
TURNAGAIN HIGHLIGHTS MINING FRIENDLY LOCATION
? Nickel-cobalt deposit, 100% owned by Giga Metals ? Among the world's largest undeveloped nickel-cobalt
sulphide deposits ? Significant exploration upside
? Ideally suited to be refined into Class 1 nickel and cobalt ? Potentially a carbon neutral mine through CO2
sequestration
? Engineering studies are underway: Project shovel ready by
2023
CONIC INVESTMENT
? 2% Net Smelter Return ("NSR") royalty on all future nickel
and cobalt production
? NI 43-101 Mineral Resource containing: - Measured & Indicated: 1,073 million tonnes @ 0.22% Ni
& 0.013% Co (5.2 billion lb of Ni & 312 million lb of Co) - Inferred: 1,100 million tonnes @ 0.22% Ni & 0.013% Co
(5.5 billion pounds of Ni & 327 million pounds of Co) ? Less than 25% of the nickel prospective geology has been
drilled to date
TURNAGAIN MINERALIZATION NICKEL SULPHIDE OPE
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