December, 2011 The First Million is Always the Hardest THE ATLANTA GOLD & SILVER PROJECT February 2015 TSX:MAY OTCQX:MAYGF 20M:GR Ounces V

Disclaimer 2 TERMS OF USE AND DISCLAIMER - This presentation is being provided for the sole purpose of providing the recipients with background information about Meadow Bay Gold Corporation (Meadow Bay). Meadow Bay has made reasonable efforts to ensure that the information contained in this presentation is accurate as of the date hereof, however, there may be inadvertent or unintentional errors. No representation, warranty or guarantee, express or implied, is made as to the fairness, accuracy, completeness or correctness of information contained in this presentation, including the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects, results or statements in relation to future matters contained in this presentation. The views and information provided herein are based on a number of estimates and assumptions that are subject to significant exploration, business, economic, regulatory and competitive uncertainties. See Forward Looking Statements below. Meadow Bay is not liable to any recipient or third party for the use of or reliance on the information contained in this presentation. This presentation provides information in summary form only, is not intended to be complete and does not constitute an offer to sell or the solicitation of an offer to buy any security. It is not intended to be relied upon as advice to investors or potential investors and does not constitute a personal recommendation or take into account the investment objectives, financial situation or needs of any particular investor. Meadow Bay is not acting as agent or advisor and encourages the use of independent consultants, as necessary, prior to entering into transactions. FORWARD LOOKING STATEMENTS Except for the statements of historical fact contained herein, certain information presented constitutes "forward-looking information" within the meaning of Canadian securities laws and forward-looking statements under United States securities laws (hereinafter referred to as forward-looking statements). Often, but not always, forward-looking statements can be identified by the use of words such as plans, expects, is expected, budget, scheduled, estimates, forecasts, intends, aims, anticipates, will, projects, or believes or variations (including negative variations) of such words and phrases, or statements that certain actions, events, results or conditions may, could, would, might or will be taken, occur or be achieved. By their very nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond our control. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, as well as a number of assumptions made by, and information currently available to, Meadow Bay concerning, among other things, anticipated geological formations, potential mineralization, future plans for exploration and/or development, potential future production, drilling exposure, and exploration budgets and timing of expenditures, all of which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Meadow Bay to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to vary materially from results anticipated by such forward looking statements include, among others, risks related to the Companys limited operating history, current and future exploration activities, the Companys need for significant additional capital, changes in government legislation, changes in ownership interest in a project, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices and volatility of gold, silver and other metals, environmental risks and hazards, infrastructure and/or operating costs, labor and employment matters, availability of financing, permitting availability, government regulation, changes in equity markets, the uncertainties involved in interpreting geological data, the validity of the Companys title to its properties, increases in costs and exchange rate fluctuations, the Companys dependence on key personnel, as well as those factors discussed in the sections Caution Regarding Historical Results, Forward-Looking Information, "Risk Factors" and elsewhere in Meadow Bay 's Annual Information Form (AIF) dated July 6, 2012, available on SEDAR at www.sedar.com.www.sedar.com Although Meadow Bay has attempted to identify important factors that could cause actual results to differ materially, there maybe 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. Meadow Bay disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements and trading in securities of Meadow Bay should be considered highly speculative. All scientific and technical information contained in this presentation has been prepared by, or under the supervision of Dana Durgin, P.Geo., a Qualified Person as defined by National Instrument 43-101, standards of disclosure for mineral projects, and independent consultant to the Company.

Why Meadow Bay? Favorable Jurisdiction NI 43-101 Compliant Mineral Resource Significant Exploration Upside Potential Proven Leadership Team Infrastructure in Place Nominal Royalty Burden Clean Capital Structure 3

Nevada Elephant Country A prolific mining jurisdiction Seven 20M+ oz gold deposits 6.1M oz of gold production in 2011 over 80% of US production 152M oz of gold mined from 1835 to 2008 Nevada ranks #6 of 93 in 2011- 2012 Fraser Institute Global Survey (#1 for infrastructure) 22 major processing facilities in the state companies investing over $6B on infrastructure 4

Atlanta Gold & Silver Project Summary 12 patented and 49 unpatented lode claims acquired from former owner Additional claim staking has expanded the land position to an excess of 12,000 acres Past open pit production 110,000 oz gold, 800,000 oz silver from 1.5 million tons Recently completed mineral resource estimate within existing pit area Offers excellent expansion potential Virgin untested exploration target ready to drill No environmental or cultural restrictions on open pit mining existing infrastructure includes 3-phase electricity to the mine, roads and abundant water Royalty to vendor 3% NSR royalty capped at 4,000 ounces gold 5

Key Personnel Robert Dinning CEO, President & Chairman is a Chartered Accountant and a lifetime member of the Alberta Institute of Chartered Accountants. Mr. Dinning has over 40 years of experience in the financial and resource industry and an involvement in publically traded companies since 1971. MR. Dinning is also President and CEO of Simba Energy Inc, an Oil and Gas exploration company listed on the TSX Venture, and is Chairman of Paramount Gold and Silver Corp, an AMEX and TSX listed exploration company. Mr. Dinning is also an officer or director of three other publically traded companies. Charles (Bill) Reed Director is a professional geologist with 40 years in the mining business. He was the Chief Geologist and co-founder of Paramount Gold and Silver and is credited with discovering the San Miguel project in Mexico. Bill was previously the Chief Geologist for Hecla Mining and worked with Echo Bay and Kennecott prior to that. Dr. Douglas Oliver Vice President of Exploration is a career geologist with 30 years experience in mineral exploration. He received his Bachelors degree in Geology from Rutgers University and has an MBA from the University of Texas at Austin and a PhD in Tectonics from Southern Methodist University. Doug is responsible for implementing the exploration program at the Atlanta Mine. 6

Atlanta is located in northeastern Lincoln County, Nevada Located 4.5 hours north of Las Vegas or 5 hours southwest of Salt Lake City Ely and Pioche are the closest cities in Nevada Area is high desert with warm summers and cold, dry winters 7 The High Desert

History of the Atlanta Project Gold was first discovered in the Atlanta Mining District in the 1860s Several generations of exploration and small-scale production Standard Slag / Bobcat JV put Atlanta in production from 1975 to 1985 800 tpd mill produced 110,000 ounces of gold and 800,000 ounces of silver from 1.5 million tons of ore Gold Fields Resources optioned the project from 1990 to 1991 Conducted geochemical sampling, geophysics and drilled 56,021 in 82 core and RC holes Kinross Gold optioned the project from 1997 to 1998 Drills 54,225 in 80 RC holes and conducts a resource estimate the historic resource comprises 6.2M tons Indicated grading 0.054 opt Au and 3.0M tons Inferred grading 0.041 opt Au for 338,520 and 125,959 contained ozs Au, respectively. (Note: This resource in non-compliant). Meadow Bay acquires the project in March 2011 8

Gold Price & Atlanta History Source: Capital IQ. Data as of 10/16/12. Standard Slag / Bobcat JV Gold Fields Exploration Kinross Exploration Meadow Bay Gold Acquisition $315/oz Au $355/oz Au $290/oz Au $1,405/oz Au 9

Enter Meadow Bay Gold Meadow Bay Gold acquired the Atlanta Mine in March 2011 Desert Hawk Resources entered into purchase option agreement for the Atlanta Mine in Fall of 2010, but was unable to finance the purchase price Meadow Bay Capital closed financing of $11.3 million and acquired Desert Hawk Resources for stock Meadow Bay Capital paid $6 million to underlying owner of Atlanta Mine for 100% ownership (3% NSR royalty is capped at 4,000 ounces Au) Meadow Bay Capital re-named itself Meadow Bay Gold Desert Hawk Resources is a wholly-owned US subsidiary of Meadow Bay Gold 10

Extensive Land Position Initial acquisition consisted of 13 patented and 49 unpatented claims Atna Resources 135 NBI claims were purchased in June 2011 for $250,000 and 400,000 shares of Meadow Bay (subject to 3% NSR royalty) Meadow Bay has staked over 800 claims within the Atlanta District Control of the entire Atlanta District with a land position exceeding of 12,000 acres 11 X X = Dropped Claims

Infrastructure Already in Place Existing infrastructure County-maintained roads connect project to major highways Deeded 15-mile electrical power line is operational to the site with private substation Private water well and pipeline delivers ample water to project Modular building purchased to provide crew quarters during the exploration phase Old Mill Building and Crusher Complex in process of being removed 12

Gold Mineralization The Atlanta Fault Zone Primarily hosted in silicified breccias within Atlanta Fault zone Atlanta Fault zone separates Tertiary volcanic rocks from Paleozoic sedimentary rocks strikes to the north and dips steeply to the west ~100 wide breccia zone was repeatedly silicified and re-brecciated during gold mineralization Past mining focused on the shallow and higher-grade portions of the Atlanta Fault zone 1.5M tons averaging 3 gpt Au and 39 gpt Ag were mined from 1975 to 1985 (recovery was by milling and agitated leach with cyanide) 13

Silicified Fault Breccia Overlying Volcanics Underlying Dolomite /Limestone High grade 60 benches Looking South at Main Deposit Pit Wall 14

Gold Mineralization The Atlanta Porphyry Previously unrecognized intrusive porphyry occurs to the southwest of the historic Atlanta pit Gold and silver mineralization is both thicker and higher grade around the margins of the intrusive The geometry and extent of the intrusive have not yet been constrained currently has dimensions of 300m east-west and 400m north- south 15 Porphyry Core Sample 2.54 gpt Au Tertiary Volcanics Paleozoic Sedimentary Rocks Fault Zone Porphyry Intrusive Porphyry-hosted Mineralization

Atlanta Drilling Program 2011/2012 Program 21 Diamond Drill core holes completed in 2011 provided much need geologic information 18 RC holes in 2011 expanded resource around the Atlanta Pit 4 RC holes in late 2012 began exploration of a new higher-grade area northwest of Atlanta Pit 16 2011/2012 Drilling Highlights (43 Holes, 34,919 ft.)

Current Mineral Resource Estimate Completed January 2013 Incorporates both historical drilling conducted by Kinross and Gold Fields as well as recent drilling by Meadow Bay Performed by Gustavson Associates of Colorado 683,600oz eAu Measured + Indicated and 618,700oz eAu Inferred at 0.015 opt Au cut-off 17 * - Gold-equivalent ounces based upon 53:1 gold/silver ratio

The First Million Ounces are Always the Hardest #1: In-fill and step-out drilling on the Atlanta Shear Zone Drilling in late 2012 - #01 250 @ 2.52 gpt eAu #02 150 @ 1.16 gpt eAu #03 115 @ 2.22 gpt eAu #04 75 @ 3.34 gpt eAu All holes ended in mineralization and are NOT included in current resource #2: Define the limits of the Atlanta Porphyry Geophysics suggests it remains open 18 Meadow Bay Gold is committed to expanding the resource at Atlanta

IP Survey Results Atlanta Porphyry 19 Atlanta Porphyry

Reconnaissance Exploration Targets 20 Atlanta Fault Trend Northward projection of the Atlanta Fault remains untested Geophysics indicates that the Atlanta Fault continues under shallow cover for 12,000 ft beyond the pit area Potential for repeat of the Atlanta Shear Zone mineralization Northern Mag Low Circular magnetic low occurs 6,000 north of the Atlanta Porphyry Potential for repeat of the Atlanta Porphyry mineralization Exploration has discovered new target areas at Atlanta Northern Mag Low Atlanta Fault Trend Western Knolls Recon Exploration Targets

Reconnaissance Exploration Targets 21 Western Knolls A virgin exploration target located 5 km west of the +1 million ounce Atlanta Deposit. Broad area of silicified and altered volcanic rocks Initial rock-chip samples contained anomalous gold and pathfinder elements Exploration includes geologic mapping, soil sampling and geophysics (magnetics and IP) Exploration has discovered new target areas at Atlanta Northern Mag Low Atlanta Fault Trend Western Knolls Recon Exploration Targets

Western Knolls Rock Geochemistry 22 Western Knolls Rock-chip and soil geochemistry has revealed an area of greater than 2 square kilometers with anomalous gold, silver, antimony and arsenic Values up to 5.6 gpt Au and 140 gpt Ag Virgin, untested exploration targets located in +1 million ounce gold districts in Nevada are increasingly rare

IP Survey Results Western Knolls (Porphyry Analog?) 23 Untested Target Untested Targets Untested Target

The Plan Forward Permitting Complete Environmental Assessment for Plan of Operation with the BLM for second-phase drilling and begin baseline studies for long lead-time permits Gravity Survey Insight into targets at Western Knolls Metallurgy Additional ore characterization by Kappes, Cassiday & Assoc. GIS Database Continued expansion of database in conjunction with Sunrise Engineering Definition Drilling In-fill and step-out drilling on the Atlanta Porphyry Exploration Drilling Initial drilling on the northern Atlanta Fault and on geophysical targets in the Western Knolls PEA Begin initial mine planning and capital/operating cost estimation 24

Capital Structure & Royalty Burden 25 Current Outstanding: Common Shares Issued68.0 Million MAY trades on TSX, OTCQB ($US) and Frankfurt Share Price (05/15/15) C$0.22 24 Market CapC$11.87 Million Royalty Burden: Royalty Holder Bobcat Atna Resources Exxon Minerals Relevant AreaNSRExpected Economic Impact Atlanta Mine Atlanta Porphyry Northern Mag Low Tailings 3% Capped at 4,000 oz gold Of current targets, only Northern Mag Low falls within Atna NSR Exxon royalty not likely to be triggered as there are no current plans to develop or in any way disturb the tailings facility

Why Meadow Bay? Favorable Jurisdiction Existing Mineral Resource Significant Exploration Upside Potential Proven Leadership Team Infrastructure in Place Nominal Royalty Burden Clean Capital Structure 26

Contact Information Meadow Bay Gold Corporation Christopher Crupi, President & CEO 210 905 West Pender Street Vancouver BC Canada V6C 1L6 Tel +1-604-641-4450 Fax +1-855-557-4622 [email protected] Email: [email protected]@meadowbaygold.com 27 Matthew Harrington Launch IR 1-613-882-7467

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December, 2011 The First Million is Always the Hardest THE ATLANTA GOLD & SILVER PROJECT February 2015 TSX:MAY OTCQX:MAYGF 20M:GR Ounces V