Gelum Resources : Corporate Presentation - Winter 2023

CSE: GMR

FOCUSED ON

QUALITY GOLD-COPPER PROJECTS IN BC

CORPORATE PRESENTATION | WINTER 2023

Cautionary Statements

CSE: GMR

This presentation contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding any potential increase in shareholder value through the acquisition of undervalued precious metal deposits for development, joint venture or later disposition, the potential to partner with mine developers to achieve production at any of the Company's properties (existing or future); the potential for the capital costs associated with any of the Company's existing or future properties to be low; the potential for the Company to outline resources at any of its existing or future properties, or to be able to increase any such resources in the future; concerning the economic outlook for the mining industry and the Company's expectations regarding metal prices and production and the appropriate time to acquire precious metal projects, the liquidity and capital resources and planned expenditures by the Company, the anticipated content, commencement, timing and cost of exploration programmes, anticipated exploration program results and the anticipated business plans and timing of future activities of the Company, are forward- looking statements. Forward-looking statements are based on a number of assumptions which may prove incorrect, including, but not limited to, assumptions about the level and volatility of the price of gold; the timing of the receipt of regulatory and governmental approvals; permits and authorizations necessary to implement and carry on the Company's planned exploration programmes at its properties; future economic and market conditions; the Company's ability to attract and retain key staff; and the ongoing relations of the Company with its underlying lessors, local communities and applicable regulatory agencies.

Accordingly, the Company cautions that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ, and such differences may be material, from those set out in the forward-looking statements as a result of, among other factors, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, material adverse changes in economic and market conditions, changes in the regulatory environment and other government actions, fluctuations in commodity prices and exchange rates, the inability of the Company to raise the necessary capital for its ongoing operations, and business and operational risks normal in the mineral exploration, development and mining industries, as well as the risks and uncertainties disclosed in the Company's most recent management discussion and analysis filed with various provincial securities commissions in Canada, available at www.sedar.com. The Company undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events except as required by law. All subsequent written or oral forward-looking statements attributable to the Company or any person acting on its behalf are qualified by the cautionary statements herein.

John Drobe, P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this presentation and has approved the disclosure herein. John Drobe is not independent of the Company, as he holds common shares of the Company.

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Our Goal

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To use technology and experience to explore a highly- prospective property in BC: the Eldorado Gold Project (9028 hectares) located within the Bralorne/Bridge River gold district near Lillooet, which was host to host to one of the highest- grade, longest-producing mines in British Columbia.

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Opportunities

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The Eldorado Gold Project, is located at the north end of the gold- rich Bralorne/Bridge River gold district, host to one of the highest- grade, longest-producingmines in British Columbia. The Bralorne Mine Complex saw historical production of 4.2Moz at an average recovered grade of 17.7g/t Au. Review of past exploration programmes which include extensive soil sampling, geochemistry, geophysics, and two drilling campaigns; Gelum Resources geologists have concluded that the highest priority targets at Eldorado are

yet to be developed.

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Our Team

BOARD OF DIRECTORS

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Henk van Alphen

Director

• Mr. Henk van Alphen founded Wealth Minerals in 2005.
• More than 30 years of experience in the mining industry. He has been a key player in companies such as Corriente Resources, Cardero Resources, Trevali Mining, Balmoral Resources, and International Tower Hill.
• Over $1B raised in various financial transactions via Mr. van Alphen's involvement.

Coille van Alphen

Director

• Ms. Coille van Alphen, CFA MBA, is an Mining & Metals Portfolio manager at Equinox Partners.
• Ms. van Alphen worked with a leading public institution, Canada Pension Plan Investment Board, from 2008 to 2010 in both the Relationship Investments and External Portfolio Management teams.
• She has also worked at one of Canada's largest independent investment dealers, Canaccord Genuity from 2006 to 2008 as an investment banking associate.

Robert Kopple

Director

• Mr. Robert Kopple is an experienced investor, businessman and lawyer. He is involved in a broad range of corporate financing activities with public companies.
• Mr. Kopple is an experienced lawyer and a senior partner in a law firm based in Los Angeles specializing in estate planning, tax law and business transactions.
• He has diverse interests in real estate and in a number of operating companies in mining, health care and technology.

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Our Team

M A N A G E M E N T

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David Smith

President

• Leader and Entrepreneur.
• Previously, Mr. Smith co- founded a multi-faceted Real Estate Development and Sales company now in operations for 35 years.
• Mr. Smith also co-founded two public environmental companies which were developed and ultimately sold as profitable concerns.
• He has spent the last ten years operating within the mining industry, most recently as the Founjder and CEO of GoldHaven Resources Ltd.

Sead Hamzagic

CFO

• Mr. Hamzagic is a chartered professional accountant with 34 years of public practice experience and financial management experience.
• He has and continues to serve as CFO for several TSX Venture Exchange and private companies and is well versed in reporting requirements for public companies.

John Drobe

Chief Geologist

• Mr. Drobe is a geologist with over 30 years experience specializing in porphyry copper- gold, epithermal and skarn deposits throughout the Americas.
• Mr. Drobe has a deep experience with organizing and managing exploration campaigns, particularly in South America, which he has participated in the exploration and development of projects in Peru, Argentina, Ecuador, Venezuela and Chile.

Marla Ritchie

Corporate Secretary

• Ms. Ritchie brings over 25 years experience in public markets working as an Administrator and Corporate Secretary specializing in resource based exploration companies.
• Currently, she is also the corporate secretary for several companies, including Wealth Minerals Ltd and World Copper Ltd.

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Our Team

A D V I S O R Y

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Stuart Ross

Advisor

• Mr. Ross has had a distinguished career as a senior officer and director of several public companies, including companies listed on the NASDAQ and TSX Venture exchanges.
• His sector experience includes mining, beverage production and distribution, medical services, gaming and merchant banking.

Kelly Earle

Advisor

• Ms. Earle is an Investor Relations professional and a geologist. Ms. Earle spent several years in the field prior to making the transition into the corporate side of the industry.
• She received her Bachelor of Science in Geology from UBC and her Certified Professional Investor Relations designation from the Ivey School of Business at Western University.
• She is a founding member of the British Columbia Regional Mining Alliance (BCRMA).

Ken Shannon

Advisor

• Mr. Shannon has worked for over 20 years in the role of CEO, raising over $200 million of venture capital for mineral exploration projects.
• His accomplishments include the discovery or confirmation of the Taca-Taca deposit in Argentina, and the Mirador, Mirador Norte, Panantza and San Carlos deposits of the Corriente Copper Belt in Ecuador (>30 Billion pounds of contained copper in total).

John Robins

Advisor

• John Robins is a professional geologist, prospector and entrepreneur with over 35 years of experience in the mining industry.
• Mr. Robins has been involved in several notable discoveries including the Dixie Lake Gold Deposits in Red Lake Ontario, the 5 million oz Coffee Gold deposit in Yukon.
• He has been involved in over a 2.5 billion dollars in M&A activity and has generated over $500 million in direct and indirect mineral expenditures throughout Canada, Latin America and Australia.

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Eldorado Highlights

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• Gelum Resources Ltd. is targeting high-grade,gold-sulphide vein systems and/or breccias located along regional faults.
• The Company has identified five high-priority geochemical targets, all untested by historical drilling.
• First phase of a 3,000m drilling programme completed in fall of 2022, remainder to be drilled summer of 2023.
• Airborne geophysics programme (VTEM) completed early 2022.
• Management is proud to have developed an excellent working relationship with the Bridge River Indian Band (Xwísten) who, after a thorough site investigation of our prime targets, have confirmed they currently have no cultural or heritage concerns with the current workplan to date, and have signed an exploration agreement with Gelum.

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Gold

Bridge

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Convenient Location

Lillooet

Pemberton

1. Shortest route is Vancouver - Pemberton then via the Hurley FSR to Gold Bridge (5-hour drive).
2. Also accessible by 90% paved roads via Highway 99 and 40 through Lillooet (6.5 hours).
3. Accommodation is at Gold Bridge (25kms) and Tyaughton Lake lodge (10kms).

Source: Gelum Resources

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Tyaughton Lake Lodge

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Large Claim Block

The 26 claims total 9028 Ha and cover multiple Minfile listings, including past producers Robson (Au) and Manitou (W).

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