gold projects in sweden

TSX-V: GLDL OTCQB: TLLZF CORPORATE PRESENTATION – April ‘22|

Advancing District Scale Gold Projects in Sweden

and Finland

CORPORATE PRESENTATION

TSX-V: GLDL OTCQB: TLLZF CORPORATE PRESENTATION – April ‘22| TSX-V: GLDL OTCQB: TLLZF

DISCLAIMERThis presentation is not an offer to purchase or sell securities. This presentation is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities in Gold Line Resources (“Gold Line” or the “Company”), nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. None of the securities of the Company have been registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any applicable securities laws of any state of the United States and such securities may not be offered or sold in the United States or to, or for, the account or benefit of a U.S. person absent from registration or an applicable exemption from the registration requirements of the 1933 Act. Certain information contained herein has been provided by or obtained from third party sources and has not been independently audited or verified by Gold Line. No representation or warranty, express or implied, is made by Gold Line as to the accuracy or completeness of such information contained in this document, and nothing contained in this document is, or shall be relied upon as, a promise or representation by Gold Line.

Statements included in this presentation that do not relate to present or historical conditions are “forward-looking statements”.Forward-looking statements are projections in respect of future events or the future financial performance of Gold Line or both. Insome cases, you can identify forward-looking statements by terminology such as “may”, “should”, “intend”, “expect”, “plan”,“anticipate”, “believe”, “estimate”, “predict”, “potential”, or “continue”, or the negative of these terms or other comparableterminology. In particular, this presentation contains forward-looking statements relating to Gold Line’s business and its futureopportunities and business strategies.

The presentation contains historical exploration data that have not been verified by Gold Line Resources Ltd and may not beaccurate or complete, and therefore the information should not be relied upon.

The technical content of this presentation has been reviewed and approved by Eric Jensen, the Technical Advisor of the Companyand a Qualified Person as defined by National Instrument 43 101.

The forward-looking statements contained in this presentation are based on certain key expectations and assumptions of theCompany concerning the amount of expenses required to operate Gold Line’s business, business prospects, strategies,regulatory approval, the sufficiency of budgeted capital expenditures in carrying out planned activities and the ability to obtainfinancing on acceptable terms, all of which are subject to change based on market conditions, potential timing delays and otherfactors beyond the Company’s control. These assumptions and factors are based on information currently available to theCompany, including information obtained from third-party sources. Although management of the Company consider theseassumptions to be reasonable based on information currently available to them, such assumptions may prove to be incorrect andaccordingly may have a significant negative impact on the projections set out in this presentation. The forward-looking statementscontained in this presentation are only predictions and involve known and unknown risks, uncertainties and other factors, whichmay cause the Company’s, or its industry’s, actual results, levels of activity or performance to be materially different from anyfuture results, levels of activity or performance expressed or implied by the forward-looking statements.

FORWARD-LOOKING STATEMENTS

1. General economic conditions and market uncertainty, including business competition;

2. Changes in laws and regulations;

3. General political and social uncertainties;

4. The viability and marketability of Gold Line’s mining operations

5. The Company’s failure to successfully implement its marketing plan;

6. Risks associated with the Company’s ability to obtain and protect rights to its intellectual property.

7. Risks and uncertainties associated with the Company’s ability to raise additional capital;

8. Risks associated with the failure to retain and attract key management and personnel;

9. The Company’s failure to identify suitable acquisition targets and to consummate any such acquisitions;

10. Other factors beyond the Company’s control; and

11. Other risk factors detailed in Gold Line’s reports filed on SEDAR and available at www.sedar.com.Readers are cautioned that the foregoing factors are not exhaustive. You are urged to consider thesefactors carefully in evaluating the forward-looking statements contained herein and are cautioned not toplace undue reliance on such forward-looking statements, which are qualified in their entirety by thesecautionary statements and the risk factors set forth in Gold Line’s quarterly and annual reports filed onSEDAR and available at www.sedar.com.

TSX-V: GLDL OTCQB: TLLZF CORPORATE PRESENTATION – April ‘22| TSX-V: GLDL OTCQB: TLLZF3

INVESTMENT CONSIDERATIONS

Largest land position by an exploration company in the

heart of Sweden’s Gold Line Belt.Key land asset in Finland’s burgeoning gold district.

Paubacken Sweden project hits major intercept 22.5 m

of 2.4 g/t Au & 9.5 m of 4.6 g/t AuPaubacken located within 25km of several multi-

million ounce gold deposits and producing minesSprott Group, Agnico Eagle Mines & EMX Royalty new

strategic investors

2022 Paubacken program:Geophysics

Targeting & Priority RankingGeochemical Sampling – June – August

Drilling – July - September

Strategically positioned in Sweden and Finland’s ‘Gold Rush’

SWEDENFINLAND


TSX-V: GLDL OTCQB: TLLZF

PROSPECTIVE EXPLORATION PORTFOLIO6 EARLY - AND/OR ADVANCED- STAGE EXPLORATION PROPERTIES

SWEDEN PROPERTIES

• Gold Line Mineral Belt1. PAUBÄCKEN PROJECT*2. Storjuktan Project3. Blåbärliden Project

• Southern Gold Line Mineral Belt4. Klippen Project

• Southwestern Sweden5. Solvik Gold Project

FINLAND PROPERTIES

* 2022/2023 Priorities

6. OIJÄRVI GOLD PROJECT*

• Kylmäkangas Au Deposit• Incl. Historical Inferred Resource

• Kompsa Au Deposit• Karahka Au Deposit

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4

2 3

5

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TSX-V: GLDL OTCQB: TLLZF

CORPORATE INFORMATION

TSX-V: GLDL OTCQB: TLLZF CORPORATE PRESENTATION – April ‘22| 6

COMPANY PROFILE

6

CAPITAL STRUCTURE

TSX-V: “GLDL”OTCQB: “TLLZF”

EXCHANGE

135.3 Million

SHARES OUTSTANDING

FULLY DILUTED

8.5 Million

OPTIONS

STRATEGIC SHAREHOLDERS

WARRANTS49.0 Million

23.3M @ $0.40 – Exp. Oct. 2022 /25.6M @ $0.25 – Exp. Mar. 2025

193.0 Million

INSIDER & INSTITUTIONAL OWNERSHIP

~45%


SIMON STUDER: DirectorMr. Studer is an anthropologist holding a Masters in Earth & Energy Resources Leadership from Queen’s University, Canada. He brings relevant experience and sustainable business acumen with a special focus on Latin America to the mining industry.

DIRECTORS & MANAGEMENT

7

TOBY PIERCE: MBA, ChairmanToby Pierce, BSc., MBA, is a natural-resource executive with more than 21 years of extensive transactional and valuation experience in deal sizes ranging from several million to $1.3 billion in value. He is the current CEO of TAG Oil Ltd. (TSX: TAO) and a Director of New Placer Dome Gold (TSX.V: NGLD), Benchmark Metals (TSX.V: BNCH) DelphX Capital Markets (TSX.V: DELX) and Seashore Exploration Partners TSX.V: SSH.P).

BENJAMIN GELBER: VP Exploration

ADAM CEGIELSKI: CEO/DirectorMr. Cegielski has over 20 years of experience in the venture capital industry ranging from mineral exploration, technology, health care and education. He started his career developing an industrial mineral project in Uganda that he later sold to Rio Tinto. Mr. Cegielski was the founding director of Cayden Resources, which was sold to Agnico Eagle Mines for $205 million.

Mr. Gelber is a professional geologist with over 17 years industry experience specializing in orogenic gold systems, garnering a deep understanding of geological, structural, alteration and mineralisation controls in orogenic systems at all scales, including in developing and managing large and complex district to camp scale exploration programs. He was previously with Barrick Gold Corporation as Exploration Manager, Guyana. Prior to Barrick, Benjamin held the positions of Generative Exploration Manager, and Group Geology Manager with Asanko Gold Inc, now named Galiano Gold Inc.

JOEL SHACKER: DirectorMr. Shacker has worked extensively in the Canadian public markets and finance space over the past six years and is currently the CEO of Core One Labs Inc. Mr. Shacker holds a business administration degree specializing in finance from Ivey Business School.

ERIC JENSEN: PHD, DirectorDr. Jensen has over 26 years of industry experience and is the General Manager of Exploration at EMX Royalty Corporation. Dr. Jensen is a co-founder of Bronco Creek Exploration and has extensive experience in the planning and implementation of regional- to project-scale exploration programs. He has relevant exploration, research and academic experience in mineral deposits related to alkaline magmatism, “high- and low-sulfidation” epithermal gold deposits, porphyry-style deposits, mesothermal lode gold systems, and iron-oxide-copper-gold (IOCG) systems.


ADVISORS

8

EMX: Strategic Partner and Geological Advisor

LEWIS TEAL: Advisor

EMX Royalties Corp. leads our geological team supported by a world class team of advisors and geological consultants

Actively involved in all aspects of the exploration process including program planning, execution and geological interpretation and analysis.

Lewis Teal received his M.S. degree in Geology from the University of in 1979. He has 40 years of experience in the mining industry that has included experience in Greenfields exploration, near-mine exploration and development in the U.S., South America, the Caribbean Region, and included temporary assignments in Mexico, Turkey, Indonesia and Southern China. He served as Exploration Manager for Newmont Mining’s, Yanacocha operation (2002-2006) and served as Newmont’s Manager and Group Executive of Exploration and Early-Stage Development for South America and the Caribbean Region (2006-2015). Mr. Teal is a licensed CPG and QP.GORDON KEEP: Advisor

Mr. Keep is the CEO of Fiore Management & Advisory Corp., a private financial advisory firm that currently manages more than 20 public companies and assists these companies with corporate administration services and provides financial advice with to its strategic direction and corporate development. Gordon is a Professional Geologist in the province of British Columbia, holds a B.Sc. in Geological Science from Queen's University, and an MBA from the University of British Columbia.

BENNY MATTSSON: AdvisorMr. Mattsson is registered as a Qualified Person (“QP”) with Swedish Association of Mines, Mineral and Metal Producers (SveMin). He has decades of experience in Scandinavia and previously served as a senior geologist at Boliden Mineral AB for most of his career.

DOUGLAS CATER: AdvisorDouglas is a professional geologist with more than 35 years experience in the exploration and mining of precious metals including project management, holding various management, C Suite Executive and directorships with several senior-tier mining and exploration companies. Douglas is former Vice-President Exploration of Kirkland Lake Gold Ltd. (2016 - 2019), and St Andrew Goldfields Ltd. (2012 – 2015), former Project Manager for Sabina Gold & Silver Corporation's Back River Gold project (2009 – 2012), and former Exploration Manager for Dundee Precious Metals Inc. (2005 – 2009).

JAMES GREIG: AdvisorJames Greig, is a co-founder, current President and Director of Benchmark Metals Inc. James holds an MBA from the University of Calgary and a BA (Geography) from Carleton University. James played an integral role in the advancement of Keegan Resources Inc.’s (now Galiano Gold) 5-million-ounce Esaase Gold Project in West Africa, and more recently, James and his team successfully secured over CA$90m for the advancement of Benchmark Metals’ Lawyers Silver-Gold Project, located in Northern British Columbia, Canada.

TSX-V: GLDL OTCQB: TLLZF CORPORATE PRESENTATION – April ‘22| TSX-V: GLDL OTCQB: TLLZFTSX-V: GLDL OTCQB: TLLZF

PAUBÄCKEN PROJECTGold Line Belt, Sweden


LOCATED WITHIN THE PROLIFIC GOLD LINE BELT

11

District-Scale Exploration Opportunity in SwedenSignificant land package within emerging district

Ø Four properties 60,000ha project is 100% owned by Gold Line

Ø Control of >85 km strike of Gold Line Belt

Ø Proximity to four significant gold deposits within belt

Ø Multiple untested coincident geochemical and geophysical anomalies within land package

Ø Initial exploration at Paubacken indicates presence of a large mineralized hydrothermal system


PAUBÄCKEN OVERVIEW

TSX-V: GLDL OTCQB: TLLZF 12

Ø 100% Gold Line Resources Ownership

Ø 17,097ha with 3 licences in central Gold Line Belt

Ø 20km of the regional with Gold Line Belt structure corridor

ØUnderexplored – Very limited historical drilling

ØKilometric-scale geochem anomalism

ØMultiple high priority targets along splays off main structural corridor

Ø Located in between several operating and development Au deposits

Underexplored DistrictExciting Opportunity in Emerging District


PAUBÄCKEN DISTRICT

TSX-V: GLDL OTCQB: TLLZF 13

Neighbouring producing mines and depositsPaubacken located within 25km of Several Multi-Million Ounce Gold Deposits

ØBarsele Gold Project• Resource of 5.6 Mt @ 1.81 g/t Au Indicated, and 25.4 Mt

@ 2.54 g/t Au Inferred N2*

ØFäboliden Development Project• Resource of 4.65 Mt @ 2.9 g/t Au Measured & Indicated,

and 6.3 Mt @ 3.1 g/t Au Inferred N1*

ØSvartliden Mine And Production Centre• 300 ktpa plant and open pit and underground gold mine• Historic production of 3.2Mt @ 4.1 g/t Au N3*

Ø Stortjärnhobben Target • Historical Non-NI43-101 compliant Mineral Resource at

Stortjärnhobben


Paubäcken Exploration History

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Multiple geochem anomalies coincident with geophysical targets indicate the presence of a large hydrothermal system

Ø Most recently owned by Dragon Mining

Ø Previous operators include Hansa Resources, Klippen Guld Aktiebolag, and AB Nordisk Byggsten

Ø Surface mapping and geochem sampling• Boulders, outcrops, A and C-horizon till sampling• Gold mineralization in multiple boulders and outcrops up to 60 g/t

AuP2 in grab samples

Ø SkyTEM helimag survey

Ø 71 DD holes drilled by previous operators • Individual DD assays up to 34.5 g/t Au over 1.0 m at

the Paubäcken Project (DDH97004)P1

Ø EMX acquired project in 2017

Ø 2,399 surface till/soil samples collected and analyzed and 17channel samples

Ø 270 line km of geophysical surveys

Ø 185 rock chip samples collected and analyzed

Ø 201 BoT/ToB drill holes completed• Results incl. 3m of bedrock at 3.9 g/t Au

Ø 5,200m historic drill core re-logged with 252 samplesanalyzed and re-sampled

Ø 670m maiden diamond drill program at Aida target• PAU2103 intercepted 22.5m @ 2.4 g/t Au

Historical Exploration (pre-GLDL) EMX/GLDL Exploration 2021


PAUBÄCKEN 2021 MAIDEN EXPLORATION PROGRAM RESULTS

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Highlights:

Ionic Leach (IL) program

ü Large Au and As IL anomalies coincident with zones of structural complexity identified atHarpsund and Belle targets

Base of Till (BoT) drilling program

ü 201 Wide spaced BoT holes

ü First pass broadly spaced BoT drilling confirmed Au and As anomalism in bedrock atAida, Belle and Harpsund targets

ü Anomalism coincident with interpreted 2nd order structural corridors

Aida Target Phase 1 Diamond Drilling Program – 670m total

ü 5 hole 670m follow up winter DD program to test BoT anomalies identified in Fall 2021BoT drilling program

ü Highlight: 22.5 m @ 2.40 g/t Au in PAU21003 Incl. higher grade zone of 9.5 maveraging 4.6 g/t Au beginning at 46.5 m

• Au mineralization hosted in strongly sheared amphibolite and associated withintense biotite and calc-silicate alteration

• Located on second order splay off main structural corridor• Entire thickness of the amphibolite intersection is mineralized

PAU21003 22.5m @ 2.4 g/t Au

Interpreted first order Structural Corridor

Initial BoT Drilling

Late Structures

Aida

Belle

Harpsund

Stortjärnhobben


Systematic Exploration Approach Over Identified Structural Corridors To Reduce Search Space & Step Out On Known Mineralisation

Geophysics – March 2022• Professional interpretation of existing SkyTEM Helimag data (Complete)• Develop robust geological and structural framework models to guide

exploration

Targeting and ranking – April 2022• Identification of high priority target areas (April 2022 – Internal)

Geochemical sampling – June-August 2022• Target structural corridors of interest with systematic mapping and

sampling• Regional MEFFA (Multi Element Fine Fraction Analysis) survey over

central portion of project area• ~300 BoT drill holes planned to define anomalous zones along Aida

and Harpsund corridors

Drilling – July-August 2022• Test identified coincident structural and geochemical anomalies • Follow up drilling at Aida target along structural corridor• Initial drill program at Harpsund

PAUBÄCKEN 2022 EXPLORATION PROGRAM

Aida Target • Maiden drill result

PAU21003 22.5m @ 2.4 g/t Au

• Infill BoT drilliing• Follow up DD

Harpsund Au, AsIonic Leach Anomaly• MEFFA Survey• BoT Drilling• Follow up DD

Regional Geochem• Regional MEFFA

Survey

Harpsund – Belle corridor• MEFFA Survey • Follow up BoT

Drilling

Aida

Belle

Harpsund


OIJÄRVI GOLD PROJECTFinland


OIJÄRVI GREENSTONE BELT

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Belt-Scale Exploration Opportunity in Finland

One of Finland’s least studied greenstone belts

100% Interest (from Agnico Eagle Mines Ltd. June ‘21)

GLD holds Exploration Reserve permits over entire ~17,600 ha belt

Known endowment at Kylmakangas and multiple other targets

Multiple untested geophysical targets along identified structural corridors and splays


OIJÄRVI PERMITTINGReserve Permits

• Valid for one year (January 21, 2023)• Exclusive to Gold Line within this period• Non-invasive exploration allowed including geophysics and stream

sediment sampling (no excavations)• High priority areas within the larger permits to be converted to

Exploration Permits

Exploration Permits• Exploration permits valid for 4 years with two additional renewals

allowed• 5 permits acquired from Agnico Eagle submitted for renewal• Standard drilling and sampling exploration activities allowed with

permission from private land owners

Natura2000 Conservation Area• Janes permit falls partially within a Natura2000 conservation area• Special permitting conditions apply• Exploration activities are restricted to winter months and deviations from

permitted programs are strictly forbidden• See Tenements Due Diligence – Geopool for details on permitting within

Natura2000 conservation area

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Reserve Permits(Natura2000)

(Exploration)(Exploration)

(Exploration)(Exploration)


OIJÄRVI HISTORYPrevious work• 1980s and 1990s – Belt identified in airborne magnetics survey

• Early 1990s – Regional till sampling survey by GTK• 1995 – GTK regional exploration program following up on elevated Au, Zn, Pb,

Cu, and Ni in till results

• 1996-2007 – GTK geophysical ground surveys, bedrock mapping, and trenchingand diamond drilling programs

• 1999 – Kylmäkangas Au-Ag mineralization intersected. In total GTK drills 9holes in Kylmäkangas deposit for 1511m

• 2001 – Kylmäkangas deposit purchased by Riddarhyttan Resources Ab(Sweden) and Troy Resources NL (Australia) who continue diamond drilling onmain deposit, ground geophysics, and bedrock mapping. 2 % NSR to be payedto Republic of Finland

• 2001-2007 – GTK continues drilling 179 regional exploration holes totaling 24772m

• 2006 – Agnico purchases Riddarhyttan, forms JV with Troy• 2007-2010 – Agnico drills on Kylmäkangas and regional targets, airborne and

ground geophysics, bedrock mapping and soil geochemical surveys• 2008 – Troy sells remaining share to Agnico, now the sole owner of the project

• 2021 – Gold Line Resources purchases 100% ownership of Kylmäkangasproject 20

The Oijärvi greenstone belt is one of the least studied greenstone belts in Finland


OIJÄRVI GOLD PROJECT Drilling OverviewHighlights

• Total of 292 drill holes totaling 51 854m on entire OGB

• 75 holes on Kylmäkangas deposit totaling 19 580m

• 217 regional holes for 32 274m (Average depth 150m)

• Excluding Kylmäkangas deposit the drilling density within the OGB is 1 hole/0.88km2

• (217 holes in an area of ~191km2)

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Oijärvi Drilling (1995 - Present)Target No. of Holes Meters Year

Kylmäkangas 66 18,069 1995-2009Kylmäkangas 9 1,511 1999-2000

Sub-total 75 19,580

Regional 179 24,772 1995-2007Regional 4 295 2003Regional 34 7,207 2007-2010

Sub-total 217 32,274

Total 292 51,854


KYLMÄKANGAS DEPOSITGEOLOGY, STRUCTURE AND MINERALIZATION

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• Orogenic gold deposit model

• Known mineralization occurs over a 1.5 km strike within a NE/SW striking high deformation shear corridor

• Upper greenstone facies Archean host rocks are a folded and sheared sequence of ultramafic to mafic units intruded by pre to syn-kinematic quartz-feldspar-porphyry bodies

• Deposit is located in a dilatational jog and controlled by rheological contrast along the margin of the QFP body

• “Main Mineralized Zone” consists of a quartz-sericite-breccia and brittle quartz veins

• Mineralization is open to depth within steeply dipping ore shoots plunging shallowly to the NE and along strike in both directions

Section Looking NE

Section Line 1350

Plan View

Only down 200m


KYLMÄKANGAS RESOURCE

23

The historical drilling was reported by Agnico. Gold Line has not done sufficient work to verify these drill results but believes the drill results to be reliable and relevant. See Agnico news of Feb 13, 2013; also unpublished Agnico Eagle -Kylmäkangas Au-Ag Mineralization Prospectus Report, effective date July 15, 2019. A QP has not done sufficient work to classify the historical resource estimate discussed above as a current mineral resource and Gold Line is not treating thehistorical estimate as a current mineral resource. Significant data compilation, re-drilling, re-sampling, and data verification may be required by a qualified person before the historical estimate can be classified as a current mineral resource. Thehistorical resource estimate is presented only for the purpose of describing the extent of gold mineralization and to outline the exploration potential. This historical resource estimate should not be relied upon.

HISTORICAL INFERRED MINERAL RESOURCE ESTIMATE FROM AGNICO EAGLE• Gold Line is currently remodelling resources and will issue NI 43-101 in Q2 2022

• 1.89 Mt @ 4.11 grams per g/t Au + and 31.11 g/t Ag • 250,000 oz Au• 1,896,000 oz Ag contained

• 1.5 km Au-Ag mineralized shear zone, open in all directions


OIJÄRVI BELT NEXT STEPS

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2 Year Plan

Generate value through increasing existing resource and making new discoveries

• Expand and upgrade existing Kylmäkangas resource• Identify and test high priority targets along Kylmäkangas corridor • Systematically explore regional targets within belt and make material new discoveries

• Update Kylmäkangas resource and publish NI 43-101 (Q2)

• Fly 3780 line km UAV mag survey (entire belt) (Q3)

• BLEG sampling program over entire belt (Q3)

• Regional MEFFA survey over identified structural corridors (Q3)

• Lithostructural interpretation of mag survey (Q4)

• Internal targeting exercise (Q4)

• Secure exploration licenses and permits over high priority areas (Q4)

• Induced polarization surveys along prospective corridors

• Systematic BoT testing of Kylmäkangas shear corridor (brownfield)

• Systematic BoT drilling of regional targets (greenfield)

• Up to 20,000 m of infill and definition diamond drilling to expand existing Kylmäkangas deposit along strike and to a depth of 400 m

o target stacked plunging zones of high-grade Au mineralization

o Designed to double resource to 500 kozs

2022 2023 and Beyond


Regional Targeting

Kylmäkangas West

• Orogenic gold deposit model.

• Regional exploration holes completed by AEF intercepted mineralization with Au grades between 1-97 g/t Au at KylmäkangasWest, Karahka and Kompsa targets.

• Strongly altered, pyrite mineralized, and gold anomalous felsic intrusive porphyritic rocks encountered.

• Regional and local scale structural complexity (shear zones, faults, intersections, folds, jogs etc.) favourable for hosting potentially large Au deposits are present and some still totally untested.

• Favourable geology along structural corridors (volcanic-sedimentary contacts and small syn-kinematic intrusions) still untested.

• Very little outcrops in the southern half (thick glacial till) means hidden shallow to deep Au-occurrence still possible to be found.

Kompsa

Karahka

Kylmäkangas


OIJÄRVI PROPOSED DRILL TARGETS

Särkijärvi SW • Western continuation of the

Kylmäkangas Main Zone mineralization intersected in SAR10003.

• Systematically test with BoT drilling along structural corridor

Kompsa South • test a fold hinge at the

inflection point between two major shear structures.

Karahka West • test two geophysical

low magnetic anomalies cut by NE-SW running faults. The targets are possibly situated on the Eastern limb of a synform structure, Kylmäkangas mineralization being situated along the western limb.

Jänessuo East • test fold hinge structure

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OIJÄRVI CORE SAMPLE

0.67

14.10

2.97

1.52

0.64

27.30

0.83

1.13

0.166.86

0.48

1.61

0.78

1.44

KYL09002: 9.96g/t Au + 63.34 g/t Ag over 4.75m (187.5- 192.25m)Regional exploration hole - SAR10003, drilled in 2010 on SW side of Lake

Särkijärvi, intersected the Kylmäkangas-type Au-mineralization and alteration extending the zone some +1800m to the SW

Regional Drill Hole SAR10003 Kylmäkangas Drill Hole KYL09002

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KLIPPEN LICENCESweden

TSX-V: GLDL OTCQB: TLLZF CORPORATE PRESENTATION – April ‘22| TSX-V: GLDL OTCQB: TLLZF 29

Klippen OverviewLarge and Cohesive Au Anomaly

Largest anomaly of Au and pathfinders in Gold Line portfolio

• 100% ownership

• 3,860 ha 100% owned and 5,550 ha under application in 2 licences in southern Gold Line Belt

• Largest and most cohesive Au in till anomaly within the Gold Line Projects • 5000m x 400m anomaly coincident with major structure corridor and

pathfinder elements

• Displays criteria associated with large hydrothermal mineral systems• major deformation zone, intense alteration, quartz veining, syn-kinematic

granodiorite intrusions, classic orogenic pathfinder elements

• Main portion of anomaly untested• historic drilling interpreted to be slightly distal to mineralization source

• Individual historic core assays up to 31.4 g/t Au

Svartliden – Production Centre•300 ktpa plant and open pit and underground gold mine•Total historic production of 3.2Mt @ 4.1 g/t Au N3*

Fäboliden – Gold Deposit•Established gold deposit being placed into production by Dragon Mining Ltd.•Resource of 4.65 Mt @ 2.9 g/t Au Measured & Indicated, and 6.3 Mt @ 3.1 g/t Au Inferred N1*

DRAGON MINING

Agnico Eagle - Barsele JV•JV between Agnico Eagle and TSX listed Barsele Minerals•Resource of 5.6 Mt @ 1.81 g/t Au Indicated, and 25.4 Mt @ 2.54 g/t Au Inferred N2*

AGNICO EAGLE


KLIPPEN EXPLORATION HISTORY

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Historical Exploration (pre-GLDL)

• Till sampling by Scan Mining (771 samples, outside of claim)

• Till sampling by Nordic Mines (1304 samples)

• Base of Till (BoT) by Nordic Mines (286 holes)

• Top of Bedrock (ToB) by Nordic Mines (224 holes, 5 samples per hole)

• Diamond drilling by Erris Resources (22 holes; 4652 m)

Historic Work interpreted to not have tested main source ofanomaly

• Historic DD focused on NW extent of >5km anomaly andencountered all criteria for large hydrothermal system:

• Wide deformation zone• Broad zones of intense sericite and carbonate alteration• Pre- to syn- kinematic granodiorites• Au associated with quartz carbonate veins• Individual assays up to 31.4 g/t Au

• Historic drilling interpreted to be distal to the main source of Auanomaly

>5km Au inShallow TillAnomaly

Ice Flow Direction


Geophysics – May 2022• 3320 line km UAV Magnetic survey • Professional interpretation • Develop robust geological and structural framework

models

Targeting and ranking – May 2022• Identification of additional high priority target areas

Field Mapping – May 2022• Mapping and sampling of all outcrop

Geochemical sampling – June-August 2022• C-horizon sampling to fill gap between historic data sets• ~120 BoT drill holes to test multiple targets

Drilling – August 2022• Success based follow up with fall DD program

KLIPPEN 2022 EXPLORATIONSystematic Exploration Approach to Reduce Search Space

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SOLVIK GOLD PROJECTSouth West Sweden


Solvik Project Overview100% Interest (from Agnico Eagle Mines Ltd. June ‘21)

• 100% ownership

• 9,240 ha in 10 licenses in the Mjøsa- Vänern belt in southwest Sweden

• 4 prospective deformation corridors totaling>55km identified

• Multiple early-stage targets located at intersection between structural corridors

• Best historic drill intercept of 19.4m @ 2.5 g/t Au (true thickness)


SOLVIK EXPLORATION HISTORY

34

Exploration Highlights:

• LiDAR and magnetic data structural framework interpretation.

• Extensive outcrop mapping and sampling.

• Four gold prospective deformation zones totaling +55km identified.

• Au-mineralization occurs in quartz veins/breccias and their altered (pyrite + silica + sericite) host rocks.

• 7 identified target areas located at intersection of N-S and NW-SE structural corridors

Historic Exploration Completed by Agnico Eagle:

• 43 holes drilled for a total of 8 364m.

• 81 Au-intercepts in drilling where Au >2 g/t. Best being 19.4m @ 2.50 g/t Au (estim. true width).

• 78 outcrop samples where Au >0.5 g/t, best being 90.1 g/t Au.

• 79 boulder samples where Au >0.5 g/t, best being 73.0 g/t Au.

• 25 heavy mineral samples with >10 gold grains, best +1 500 grains.

• 13 stream sediment samples with >10 gold grains, best 60 grains.Till sampling by Scan Mining (771 samples, outside of claim)

Egenäs

Hult

Hökenäs

BogenäsGårdsjö

Furusjön

Solvik


Field Mapping – Summer 2022• Mapping and sampling of outcrop and boulders

Regional Geochemical sampling – Summer 2022• ~3000 MEFFA samples over high priority structural intersections

Targeting and ranking – Q3• Identification of additional high priority target areas

Follow up Drilling – 2023• Success based follow up with fall DD program

SOLVIK EXPLORATION PROGRAMSystematic Exploration Approach to Reduce Search Space

Egenäs

Hult

Hökenäs

BogenäsGårdsjö

Furusjön

Solvik


STORJUKTAN LICENCESweden


Agnico Eagle - Barsele JV•JV between Agnico Eagle and TSX listed Barsele Minerals•Resource of 5.6 Mt @ 1.81 g/t Au Indicated, and 25.4 Mt @ 2.54 g/t Au Inferred N2*

AGNICO EAGLE

• 31,428 hectare license package located at the northern end of the Gold Line Mineral Belt of North Central Sweden

• Northern extension of the Agnico Eagle-Barsele Minerals JV property - geophysical data suggest the continuation of the Barsele VMS trend north*

• Historic operators have intersected gold mineralization at Duobblonbäcken, Långtjärn, Storliden, and Nippas targets

• High potential for expansion of known mineralization and new discoveries

• Skärfonaset, Kalven, Stabburbäcken, Nymyran, Sikselberget are early-stage exploration targets that have clearly defined gold-in-till anomalies

• Excellent infrastructure with regional highways, rail lines and hydroelectric dam all within 50km of the license package

Storjuktan Overview


Storjuktan North

38

• 31,428 hectare license package located at the northern end of the Gold Line Mineral Belt of North Central Sweden

• Northern extension of the Agnico Eagle-Barsele Minerals JV property - geophysical data suggest the continuation of the Barsele VMS trend north*

• Historic operators have intersected gold mineralization at Duobblonbäcken, Långtjärn, Storliden, and Nippas targets S1


BLÅBÄRLIDEN LICENCESweden


Blåbärliden Overview

40

Historical high-grade drill intercepts including:

6.0 m of 11.1 g/t Au B1

• 3,806 hectare license package located along then trend of rock units that host the Barsele Deposit (Agnico – Barsele JV)*

• Adjacent to highway, airstrip, rail line and hydroelectric dam

• The primary target is a historical mineral resource that remains open in all directions

• Historical, auriferous boulders from unknown geologic sources show the potential for additional high-grade gold mineralization

Citation

41

*The nearby mines and deposits discussed in this news release provide context for the Projects, which occur in a similar geologic setting, but this is not necessarily indicative that the Projects host similar mineralization.

O1 See Agnico News Release dated February 13, 2013: Agnico-Eagle Reports Fourth Quarter and Full Year 2012 Results; Record Annual Production and Operating Cash Flows; Provides Three Year Production Guidanceand Reserve and Resource Update; also unpublished Agnico Eagle - Kylmäkangas Au-Ag Mineralization Prospectus Report, effective date July 15, 2019. Note: a qualified person has not done sufficient work to classifythe historical resource estimate as a current mineral resource, and EMX is not treating the historical estimate as a current mineral resource. Significant data compilation, re-drilling, re-sampling and data verification maybe required by a qualified person before the historical estimate can be classified as a current mineral resource. The historical resource estimate is presented only for the purpose of describing the extent of goldmineralization and to outline the exploration potential. This historical resource estimate should not be relied upon until verified.O2 The historical drilling was reported by Agnico Eagle. EMX has not done sufficient work to verify these drill results but believes the drill results to be reliable and relevant.B1 The historical drill intercept was completed by Lappland Goldminers in 2007 and was reported by Geological Survey of Sweden (SGU). Goldline Resources has not performed sufficient work to verifythe published assay data, and these data cannot be verified as compliant with NI43-101 standards, however this data is considered reliable and relevant.P1 The JORC compliant drill intercept was reported by Dragon Mining Ltd., a publicly-traded Australian company listed in Hong-Kong (HKEx: 1712), from the Quarterly Activities Report on June, 30,2012. http://www.dragonmining.com/static/files/44/2012-07-30_dra_quarterly_jun_2012_amended.pdfP2 The historical rockchip samples were completed by Lappland Goldminers in 2005 and was reported by Geological Survey of Sweden. Goldline Resources has not performed sufficient work to verifythe published assay data, and these data cannot be verified as compliant with NI43-101 standards, however this data is considered reliable and relevant.N2 The NI43-101 compliant resource was reported by Barsele Minerals Corp, a publicly-traded Canadian company (TSX.V:BME) from Feb 21, 2019. The resource estimate was reviewed and approvedby qualified persons Harold Brisson, P.Eng and Carl Pelletier, P.Geo. The mineral resource provide regional geologic context for Goldline Resource’s project, but this is not necessarily indicative of themineralization on the project. http://barseleminerals.com/s/NewsReleases.asp?ReportID=845591&_Type=News&_Title=Barsele-Announces-an-Updated-Mineral-Resource-Estimate-with-2086000-InferreN3 Historic production values are from Dragon Mining Ltd.’s website. Goldline Resources has not performed sufficient work to verify the published data reported above, but Goldline Resources considersthis information reliable and relevant. http://www.dragonmining.com/svartliden-gold-mineN1 The JORC compliant resource was reported by Dragon Mining Ltd., a publicly-traded Australian company listed in Hong-Kong (HKEx: 1712), from Dec 31, 2019. The mineral resource was reviewedand approved by Mr. Neal Edwards BSc. The mineral resource provide regional geologic context for Goldline Resources’s project, but this is not necessarily indicative of the mineralization on theproject. http://www.dragonmining.com/reservers-and-resourcesN4 The NI43-101 compliant resource was reported by Mandalay Resources, a publicly-traded Canadian company (TSX:MND) from September 30, 2019. The resource estimate was reviewed and approved by qualified person Reno Pressacco, P.Eng. The mineral resource provide regional geologic context for Goldline Resource’s project, but this is not necessarily indicative of the mineralization on the project. https://www.mandalayresources.com/site/assets/files/2759/mnd_bjorkdal_ni-43_101_technical_report_march_30_2020.pdfN5 Kankberg JORC compliant mineral reserves and historical production estimates were reported by Boliden AB, a publicly traded Swedish company (TS:BOL), in its 2018 Annual Report. The mineral reserves and resources were reviewed and approved by Gunnar Agmalm, Boliden’s Mineral Reserves and Project Evaluation Manager, and a JORC “Competent Person” as well as a SveMin“Qualified Person”. The mineral reserves for Kankberg provide regional geologic context for EMX’s Project, but this is not necessarily indicative of the mineralization on the Project.https://www.boliden.com/globalassets/operations/exploration/mineral-resources-and-mineral-reserves-pdf/resources-and-reserves-kankberg-2018-12-31.pdfS1 GLDL has not performed sufficient work to verify the published assay data reported above, and these data cannot be verified as being compliant with NI43-101 standards. These historically reported data should not be relied upon until they can be confirmed. However, the mineralization as reported in various public documents available online and from the SGU (Swedish Geological Survey), and by Gold Line Resources in NI43-101 Technical Report on Långjtärn https://sedar.com/CheckCode.do

http://www.dragonmining.com/static/files/44/2012-07-30_dra_quarterly_jun_2012_amended.pdf

http://barseleminerals.com/s/NewsReleases.asp?ReportID=845591&_Type=News&_Title=Barsele-Announces-an-Updated-Mineral-Resource-Estimate-with-2086000-Inferre

http://www.dragonmining.com/svartliden-gold-mine

http://www.dragonmining.com/reservers-and-resources

https://www.mandalayresources.com/site/assets/files/2759/mnd_bjorkdal_ni-43_101_technical_report_march_30_2020.pdf

https://www.boliden.com/globalassets/operations/exploration/mineral-resources-and-mineral-reserves-pdf/resources-and-reserves-kankberg-2018-12-31.pdf

https://sedar.com/CheckCode.do

TSX-V: GLDL OTCQB: TLLZF CORPORATE PRESENTATION – April ‘22|

Suite 800 – 1199 West Hasting StreetVancouver, BC, Canada

[email protected]

+1-800-858-9710

TSX-V: GLDLOTCQB: TLLZF

http://www.goldlineresources.com/

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