Nevada Exploration Portfolio

March 2020

Nevada Portfolio 2

CAUTIONARY STATEMENTDISCLAIMER

Readers should not rely on information in this summary for any purpose other than for gaining general knowledge of Ridgeline Minerals Corporation(“Ridgeline”). This summary may include forward-looking statements as well as historical information. Forward-looking statements include, but are notlimited to, the advancement of mineral exploration, development and operating programs. The words “potential,” “anticipate,” “significant,”“forecast,” “believe,” “estimate,” “expect,” “may,” “project,” “plan” and similar expressions are intended to be among the statements that identifyforward-looking statements. Although Ridgeline believes that its expectations as reflected in any forward-looking statements, are reasonable, suchstatements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.The information contained in this summary was current at the date of publication. Ridgeline does not warrant or make any representations as to theongoing accuracy of this information, the validity or completeness of any facts or information contained in this summary. Ridgeline may revise thisinformation in subsequent publications but does not assume the obligation to update any information. Ridgeline shall not be liable or responsible forany claim or damage, direct or indirect, special or consequential, incurred by the reader arising out of the interpretation, reliance upon or other use ofthe information contained in this summary. This information is not intended to be and should not be construed in any way as part of an offering orsolicitation of securities. No securities commission or other regulatory authority in Canada, the United States or any other country or jurisdiction has inany way passed upon the information contained in this summary.

Qualified PersonsMichael Harp, P.Geo., Vice President, Exploration, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approvedthe technical data in this presentation.

*Adjacent PropertiesThis presentation contains information about adjacent properties on which Ridgeline Minerals does not have the right to explore or mine. Investors arecautioned that mineralization on adjacent properties is not necessarily indicative of mineralization that may be hosted on the Company’s properties.

** Readers are cautioned that the exploration targets at the Carlin-East, Swift, and Selena properties are early-stage exploration prospects andconceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in thetarget being delineated as a mineral resource.

** Historical information contained in this presentation, maps or figures regarding the Company’s project or adjacent properties cannot be reliedupon as the Company’s QP, as defined under NI 43-101 has not prepared nor verified the historical information.

Nevada Portfolio 3

Discovery is fundamental to value creation and the latest results fromFourmile confirm the potential for further high-value discoveries in thegreater Cortez – Carlin regions which has been a prolific source of golddiscovery and production for 150 years, and still holds an untapped wealthof geological endowment – Mark Bristow, Barrick President & CEOSeptember 17, 2019 – Denver Gold Show

WHY NEVADA?THE FUTURE IS UNDER COVER

Nevada Portfolio 4

OUR TEAM

▪ Co-Founded Ridgeline Minerals in 2018▪ 10 + years exploration & production experience in Canada and the US▪ Led discovery of the multi-million ounce CSD Gap deposit in 2016

▪ CFO of Ridgeline Minerals and Entrée Resources▪ 20 years international accounting & financial management experience▪ Previously CFO of Mason Resources & Luna Gold, Controller at First Quantum

▪ Qualified Person as defined by National Instrument 43-101▪ 10 + years exploration experience in Nevada▪ Led discovery of multi-million ounce North Dark Star deposit in 2016

▪ President, CEO & Director of Golden Ridge Resources▪ 10+ years as senior management of numerous resources companies

▪ Ridgeline Minerals Co-Founder & President of Envirotech Drilling LLC▪ 40 years of drilling & mining operations support services in Nevada

▪ CFO, Secretary & Director of Golden Ridge Resources, Damara Gold Corp▪ 32 years experience in corporate and financial reporting and compliance

▪ 35 years global exploration experience▪ Previously Newmont Group Executive, South American Exploration▪ Team Lead, Newmont Carlin Trend Exploration Group - discovered 20 + Moz. Au

Chad Peters, P.Geo.President, CEO & Director

Duane Lo, CPA, CACFO & Director

Mike Harp, P.Geo.Vice President, Exploration

Mike Blady, B.Sc.Independent Director

Steve NeilsenCo-Founder & Technical Advisor

Terese GieselmanCorporate Secretary

Lewis Teal, P.Geo.Independent Director

GLOBAL EXPERIENCE

Nevada Portfolio 5

WHAT WE DONEVADA GOLD EXPLORER

▪ Ridgeline explores for “Tier-1”, Carlin-Type gold (Au) deposits in Nevada

- New discoveries in Nevada will command a premium valuation

▪ Strategic drilling partnership - 60% discount to market rates through 2022

- WE DRILL MORE FEET PER DOLLAR THAN OUR PEERS

Source: Fraser Institute Annual Survey of Mining Companies 2018. Investment Attractiveness Index weights both policy perception (taxation levels, onerous regulations, quality of infrastructure, etc.) and mineral

potential (40% / 60%) of 83 countries and provinces/states.

Nevada Portfolio 6

▪ Ridgeline Minerals (NV) a wholly owned subsidiary of Ridgeline Minerals Corp. (BC Corp.)

▪ $4.7M CAD raised in 2019 & 2020 @ $0.12 and $0.22 – NO WARRANTS

- Shareholder base anchored by Ridgeline Management and Haywood Securities

▪ Use of Proceeds

- $2.5M CAD 2020 exploration budget (5,400m)

- TSX.V listing targeted for April 2020

Ridgeline Capital StructureMarch 2020

Non-Diluted I/O 36,792,365

Options 2,000,000

Fully Diluted I/O 38,792,365

Cash Balance CAD $2,836,00

Market Capitalization I/O CAD $8,534,320

CORPORATE STRUCTUREPRIVATELY HELD

Current Shareholders

Management

High Net Worth

Public Companies

Nevada Portfolio 7

▪ 100% ownership of three projects in the Carlin and Battle Mtn – Eureka Trends

LOCATION IS KEY110 Km² EXPLORATION PORTFOLIO

Nevada Portfolio 8

CARLIN-EAST34 Km² LAND PACKAGE

▪ Core land position in the heart of the Carlin Trend – 127 + Moz. Au total endowment

- ~4km downtrend of the Leeville (~15Moz. Au) underground mine

▪ 2019 drill program confirmed:

Alteration

Mineralization

Intrusive Activity

Lower Plate Rock

High-Grade Au

▪ 2020 program will test high priority Crash Zone target

Goldstrike

CARLIN

EAST

Carlin

South ArturoCoyote

Goldstrike

Pete Bajo

Rodeo

Rossi

Exodus

Bootstrap

Tara

Little Boulder

Basin

Meikle

Crash

Zone

Leeville

U/G

Genesis

LBB-0100

LBB-0102

CE19-001

CE19-002

A A

’

Nevada Portfolio 9

CARLIN-EAST

Dacite

Lamprophyre

Inferred Intrusive

Carlin Formation Tmc

Drc

Ovi Vinini Formation

Rodeo Creek Formation

Dsr1-3 Roberts Mountain Formation Units 1-3

Popovich Formation

Dsr4 Roberts Mountain Formation Unit 4

Dp

ALooking North

A’

Pre-mine Surface Newmont Drilling

Projected North on Section

CE19-001

CE

Pro

pert

y

Bo

un

dary

Tmc

-305

Rodeo U/G

4 + Moz. Au

LBB-0100

7.6m @ 17.8 g/t Au

LBB-0102

5.9m @ 26.6 g/t Au

Little Boulder Basin

Stock

Drc

Dp

Normal Fault Inferred Normal Fault Conceptual TargetRoberts Mountain Thrust Ore Body

Dsr1-3

Dsr4

Newmont

Ovi

m

1,000 0

ft.

2135

1830

1525

1220

915

305

610

2440

0

8,000

3,000

1,000

0

ft

4,000

7,000

6,000

5,000

2,000

-1,000

TD 2,900’

NGM drill tested historic

LBB intercepts in 2019

Hole TD in

Rodeo Creek

Formation

▪ CE19-001 confirmed Ridgeline’s conceptual Lower Plate model

― Rodeo U/G mine a potential analogue to the deep targets in the CE19-001 target area

SCHEMATIC X-SECTION A-A’

Nevada Portfolio 10

CARLIN-EASTNEW INTERPRETATION

▪ 2019 magnetic survey identified buried intrusive centered on the Crash Zone target

- Strong Au-As-Sb soils anomaly at Crash Zone Target

- Similar northwest trend to Goldstrike, LBB, & Vivian intrusions

▪ Goldstrike, Genesis and Leeville deposits spatiallyassociated with northwest striking intrusions

CARLIN

EAST

Goldstrike

Int.

LBB Int.

Vivian Sill.

Unnamed Int.

Crash

Zone

Leeville

U/G

Genesis

Goldstrike

Meikle

Rodeo CE19-001

CE19-002

Nevada Portfolio 11

CARLIN-EASTEXPLORATION UPSIDE – LEEVILLE EXPANSION

Modified from Barrick Press Release: 09-19-2019

Carlin-East

~2.0 km NCGX-0059

6.3m @ 5.4 g/t

2.9m @ 12.4 g/t

CGX-0008

20.7m @ 9.2 g/t

LUC-02716A

11.6m @ 22.2 g/t

▪ Nevada Gold Mines announced (09-19-19) a renewed focus on exploration at the Leeville Complex

▪ Carlin-East located ~2.0 km north of known mineralization at Greater Leeville

Nevada Portfolio 12

SWIFT51 Km² LAND PACKAGE

▪ Core land position on the Cortez Trend

- Historic open-pit at Elder Creek Mine (~60k oz. Au produced)

▪ Ridgeline recently identified an 18 km² mineralized corridor with a single drill intercept

- MCK-99-5A: 16.7m @ 0.72 g/t Au

▪ Potential to host a multi-million ounce Carlin-Type gold deposit Cortez Hills

O/P & U/G

15.0 Moz. Au

Pipeline

21.0 Moz. Au

Gold Acres

750k oz. Au

Elder Creek

~60k oz. Au

Greystone

(Barite)

Goldrush U/G

14.3 Moz. Au

Fourmile U/G

New Discovery

SWIFT

Battle Mtn. – Eureka Trend

70+ Moz. Total Endowment

Cortez District

50+ Moz. Total Endowment

Nevada Portfolio 13

SWIFTRESIDUAL GRAVITY

▪ 2019 Gravity survey highlights shallower Lower Plate in the footwall of the DDF fault zone

Shallower Lower

Plate

Minterra

Placer

Dome

Placer

Dome

Barrick

Placer

Dome

Historic DDH

Phelps

DodgeElder

Creek

Greystone

MCK-99-5ALower Plate @ 727m

EC-2Lower Plate @ 579m

DD

F

Nevada Portfolio 14

SWIFTRESIDUAL GRAVITY - Au SOILS

▪ Multiple km-scale Au anomalies within untested 18 km² NW structural corridor

Swift

Target

Fallen City

Targets

Barrick drilling targeted shallow

open-pit Au and never tested deeper

Lower Plate

Historic DDHHistoric DDH

Horse Mtn.

Target

MCK-99-5AEC-2.

Rock Chip

0.04 ppm Au, 9.0 ppm Ag

66 ppm As, 30 ppb Sb

MCK-99-5A

16.8m @ 0.72 g/t Au

355 ppm As

Starting @ 727.5m

Nevada Portfolio 15

SWIFTRESIDUAL GRAVITY - As SOILS

▪ As anomalies typically manifest as broad plumes above buried Carlin-Type deposits

Priority

Infill

Priority

Infill

Priority

Infill

Rock Chip

0.04 g/t Au, 9.0 g/t Ag

66 ppm As, 30 ppb Sb

Historic DDH

MCK-99-5AEC-2.

Trench #2

35’ @ 0.3 g/t Au , 628 ppm As

Trench #1

15.2m @ 0.1 g/t Au , 686 ppm As

T #1

T #2

MCK-99-5A

16.8m @ 0.72 g/t Au

355 ppm As

Starting @ 727.5m

Nevada Portfolio 16

SWIFTSCHEMATIC X-SECTION - As CONTOURS

▪ Au-As soils anomaly highlights untested potential of shallower (450m) Swift and Fallen City Targets (Priority soil sampling required at Goat Target)

Looking Northwest

Priority

Infill

Normal Fault Inferred Normal Fault Conceptual TargetRoberts Mountain Thrust Ore Body

ft 8,000

7,000

6,000

1525

DDF & Swift

Targets

Goat

Target

Mill Creek

Target

2440

2135

1830

m

Elder Creek MineProjected On Section

Granodiorite

Lamprophyre

Valmy Formation Ov

Srm

Dw Wenban Formation

Roberts Mtn. FormationProposed DDH MCK-99-5A

20-40 ppm As

41-80 ppm As

81-160 ppm As

161-350 ppm As

161-350 ppm As

Rock Chip

5,000

0

610

3051,000

ft. 0

1220

915

4,000

3,000

2,000

1,000

Fallen City

Target

Historic DDH

0

MCK-98-4

347.5m’

MCK-99-5A

949.5m

A A’

Nevada Portfolio 17

SELENA25 Km² LAND PACKAGE

Butte Valley 50 Mt @ 0 .6% Cu

Alligator Ridge1.0+ Moz. Au

Bald Mountain5.0 Moz. Au

SELENA

Golden Butte~250k oz. Au

▪ Large land package in the historic Limousine Butte District

▪ Historic channel sampling:

- 22m @ 0.69 g/t Au across untested target

▪ Potential for discovery of a shallow oxide Au-Ag deposit

Nevada Portfolio 18

SELENAHIGH-GRADE OXIDE Au

▪ Historic 22m channel sample of 0.69 g/t Au

▪ 14 rock chips taken in 2019 ranging from 0.02 g/t – 6.7 g/t Au

- Avg: 1.2 g/t Au

- High: 6.7 g/t Au

▪ 1km zone of untested oxide Au exposed at surface at the Pediment target

- Potential for continuation of system under covered pediment to the west

EMX Channel Sample22m @ 0.69 g/t Au

>50 ppb Auanomaly

1.3 g/t Au

0.86 g/t Au6.7 g/t Au

2.4 g/t Au

Pediment Target

0.2 g/t Au

Thrust Target

Juniper Target

0.2 g/t Au

0.7 g/t Au

Nevada Portfolio 19

SELENASCHEMATIC X-SECTION A-A’

Mj QalQal

1 km

A A’

B B’

1,700m

2,000m

2,300m

1,700m

2,000m

2,300m

Channel Sample 22.0m of 0.69 g/t Au

QalPediment Target

Chainman Shale

Joana Limestone

Pilot Shale

Guilmette Limestone

Mc Mj MDp Dg Dsi

Conceptual Target

Qal

Quaternary Alluvium

Normal Fault

Simonson Dolomite

Nevada Portfolio 20

SELENAHIGH-GRADE OXIDE Ag

▪ 14 rock chips taken in 2019 ranging from below detection limits to 393.4 g/t Ag

- Avg: 66.5 g/t Ag

- High: 393.4 g/t Au

▪ High Silver:Gold ratio consistent with typical south Carlin Trend deposits

>50 ppb Auanomaly

32.4 g/t Ag

100 g/t Ag

306.7 g/t Ag

5.5g/t Ag

10.5 g/t Ag

Thrust Target

Pediment Target

Juniper Target

393.4 g/t Ag

42.4 g/t Ag

Nevada Portfolio 21

SELENASCHEMATIC X-SECTION C-C’

Selena Cross-Section C – C’: Modified from USGS Cherry Creek Egan Ranges Map 35, X-Section A - A’

Ely Limestone

Chainman Shale

Joana Limestone

Pilot Shale

Guilmette LimestonePPe

Mc

Mj

MDp

Dg

C C’

0 1,000

ft.

Mj

MDp Dg

MDpDg

Mj

Mj

Normal Fault Inferred Normal Fault Conceptual TargetThrust Fault

Juniper Target

Thrust TargetLooking Northwest

▪ Team interprets a potential Pinion deposit analogue at the Juniper and Thrust target areas

- Q1, 2020 field program designed to advance targets to a drilling decision

Nevada Portfolio 22

2020 EXPLORATION BUDGETFOCUSED SPENDING

Exploration38%

Drilling38%

Land & Permitting

13%

Acquisitions1%

G&A10%

2020 BUDGET ALLOCATION

▪ $2.5M CAD exploration budget with majority allocated to exploration & drilling

- 5,400m of drilling in 2020 across all three projects

- Drill rig will mobilize to Selena shortly after closing of IPO

Nevada Portfolio 23

SUMMARYKEY TAKEAWAYS

▪ Strategic drilling alliance focuses exploration spend to the drill bit maximizing odds of

discovery

- 60% discount to market rate through 2022 or 50,000 ft. (15,240m) drilled

▪ Experienced management team with multiple Carlin Trend discoveries

- Chad Peters - led the high-grade CSD Gap discovery - 1.6 Moz. Au @ 12 g/t

- Mike Harp – senior project geologist on the Gold Standard Ventures team that

discovered 5.0+ Moz. Au at the Railroad Pinion district

▪ 110 km² exploration portfolio in top ranked mining jurisdiction in the world

- District-scale land positions on two world-class trends

▪ Targeting April 2020 IPO on the TSX.V

CONTACT

Chad Peters, P.GeoPresident, CEO & DirectorRidgeline Minerals

775-304-9773cpeters@ridgelineminerals.comwww.ridgelineminerals.com