Wilding Lake Project: A New High Grade Gold Discovery

ANTL:TSXV Wilding Lake Project: A New High Grade Gold Discovery February 2019 1

DISCLAIMER This document includes certain statements that constitute forward looking statements and forward-looking information within the meaning of applicable securities laws (collectively, forward looking statements ). Forward-looking statements include statements regarding Antler Gold Inc. s ( ANTL ) intent, or the beliefs or current expectations of ANTL officers and directors. Such forward-looking statements are typically identified by words such as believe, anticipate, estimate, project, intend, expect, may, will, plan, should, would, contemplate, possible, attempts, seeks and similar expressions. Forward looking statements may relate to future outlook and anticipated events or results. By their very nature, forward looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, and the risk that predictions and other forward looking statements will not prove to be accurate. Do not unduly rely on forward looking statements, as a number of important factors, many of which are beyond ANTL s control, could cause actual results to differ materially from the estimates and intentions expressed in such forward looking statements. Although ANTL believes that its expectations reflected in these forward looking statements are reasonable, such statements may involve unknown risks, uncertainties and other factors disclosed in our regulatory filings, viewed on the SEDAR website at www.sedar.com. These uncertainties may cause our actual future results to be materially different than those expressed in our forward looking statements. Forward looking statements speak only as of the date those statements are made. Except as required by applicable law, ANTL does not assume any obligation to update, or to publicly announce the results of any change to, any forward looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward looking statements. 2

ANTLER GOLD: SHARE STRUCTURE Issued and outstanding: Warrants: Incentive options: Fully diluted: Insider Ownership (incl Altius at 18%): 45,691,818 243,943 1,387,500 47,323,261 51% 3

ANTLER GOLD: DIRECTORS, FOUNDERS AND MANAGEMENT Dan Whittaker, MBA, CFA; President and CEO. Dan has held senior positions in the mineral industry for the last 20 years. Most recently, he was a founder of GoGold Resources Inc. and Ucore Rare Metals Inc.. Mr. Whittaker holds an MBA from the Ivey School of Business and is a CFA. Wade Dawe, Founder and Strategic Advisor. Wade is an accomplished entrepreneur, financier and investor. He is currently Chairman of Pivot Technology Solutions Inc. (TSX), and as Chairman & CEO of Fortune Bay Corp., (TSX-V). He was President and CEO of Brigus Gold Corp. which was acquired by Primero Mining Corp. in 2014 in an all share deal valued at $351 million. Rob Randall, CFO. Rob has served as a contract CFO and has extensive public company financial experience. He serves as CFO of Torrent Capital Ltd., Stockport Exploration and Canabo Medical Inc.. Rob was the Corporate Controller of Etruscan Resources Inc. from 1997 to 2011 overseeing the financial operations for all aspects of its exploration and production activities. Jim Megann, Director. Jim is currently Managing Director of Numus Financial, a venture capital firm focused on early stage, high growth companies. Jim is also Chairman of Sona Nanotechnology, listed on the TSXV, and a director of Torrent Capital Ltd., a TSX listed company. Paul Sparkes, Director. Paul is an accomplished business leader with over twenty five years' experience in media, finance, capital markets and politics. He is currently President of Otterbury Holdings Inc., a corporation advising growth entities in private and public markets. He was also Executive Vice Chair, Director and co-founder of Difference Capital Financial, a TSX-listed specialty finance company that invests in media, technology, health care and U.S. real estate. Carl Hansen, Director. Carl is is a geologist with over 25 years of experience in the exploration and mining industry. He has been the CEO of Atacama Pacific Gold Corporation since 2011 and was the co-founder and CEO of Andina Minerals, Inc. from 2004 through 2009. Mr. Hansen has held senior positions with TVX Gold Inc., Kinross Gold Corp., and Inco Limited. Howard Bird, BSc. (Honours), P. Geo; Consultant. Howard has over 15 years at the executive management level. He was SVP of Exploration and Geology at Brigus Gold Corp., and led the discovery of three new gold deposits at the Grey Fox Project. Howard was also the SVP of Global Exploration for SouthernEra Resources Ltd., and the Senior Project Geologist for Noranda. Dave Evans, MSc., P.Geo; Exploration Manager. Dave has managed the exploration program on the Wilding Lake Project from 2016. He is a native of Newfoundland and has over 35 years experience working extensively with gold and base metals deposits in Newfoundland, for both public companies and the Newfoundland Department of Natural Resources. Christopher Drysdale, BSc.,; Consultant. Christopher is an experienced professional in the mineral industry, having held various senior management roles for African and North American mineral projects. He is experienced in identifying new opportunities, mapping potential markets, cultivating and maintaining relationships with industry leaders. 4

ANTLER GOLD INC. - District Play Land Position 2016-2017 Antler (ANTL) acquired four project blocks from Altius Resources, giving Antler a large regional land-position within in an emerging gold camp in Central Newfoundland: 100% interest in the Wilding Lake, Noel Paul, Crystal Lake and Cape Ray projects (Altius currently holds a 18.0% interest in ANTL). Properties cover 95km of prospective strike length of approximate 300km regional gold bearing Rogerson Lake structural corridor. Corridor to the SW hosts Marathon Gold Corporation s Valentine Lake project (with reported measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t and inferred resources totaling 1,531,600 oz. of gold at 1.77 g/t (Marathon website, Feb. 2019). Corridor to the NE hosts Sokoman Iron Corp. Moosehead Gold Project. Sokomon s drill assay results include hole MH-18-01, that intersected a mineralized zone that returned 11.90 metres @ 44.96 grams/tonne gold (Sokoman website, Feb. 2019). The mineralizing systems along this corridor, as demonstrated on the Wilding Lake project, are capable of producing both high grade gold with locally significant widths and lower-grade bulk tonnage disseminated style gold. 5

ANTLER LAND HOLDINGS: District Scale Position Marathon Gold Corp. - Valentine Lake Gold Camp Feb, 2019 Reported Resource M&I: 2.7M oz @ 1.85g/t Inferred: 1.5M oz @ 1.77g Antler Mineral Claims Wilding-Noel Paul-Crystal Lake Blocks (1622 claims, 405.5km 2 ) Cover approx. 95 kms of Regional 300 km long Cape Ray- Valentine Lake-Moosehead Prospective Gold Bearing Structural Trend 6

ANTLER GOLD INC. - Previous Exploration 2016, 2017 and 2018 Discovered six new bedrock gold zones at Wilding Lake in Q4/16 and two in Q3/17 demonstrating a strong gold system that include saw-cut channel samples of: Alder/Taz Zone: 6.0g/t over 8.5m, 8.7g/t over 6.7m, 49.3g/t over 4.6m, and 28.8g/t over 1.0m. Cedar-Elm Zone: 101.5g/t over 0.5m, 93.1g/t over 1.3m, and 18.0g/t over 1.2m. Red Ochre Complex: Grab Samples 24.0g/t, 14.3g/t, 15.2g/t, 1.9g/t. Raven Zone: Four grab sample assays returned: 273.8, 15.4, 13.6 and 3.5 g/t. Only 6km of total 140km gold prospective strike extent systematically explored. Successful Wilding Lake initial drill program (Q4/17): 30 drill holes for total of 2,599 m: Drill results include gold intercepts of 10.01g/t over 5.35m including 49.92g/t over 0.98m (Elm Zone), and 1.51g/t over 11.0m (Red Ochre Complex). One drill hole tested an approximate 7.0 km long by 2.0 km wide magnetic anomaly returning 0.46g/t over 11.75m including 5.06g/t over 0.5m in sheared contact between conglomerate and underlying gabbro. Demonstrated the high gold potential of the Wilding Lake Project and district. Gold identified within a number of different geological settings that will be the target for further drilling programs. Gold mineralization is coarse, producing a high nugget effect, and associated with sulphide mineralization often occurring as localized pods within quartz veins that can be missed with too few drill holes testing the target. A 2nd phase comprehensive drill program is warranted to fully test the gold zones. Successful soil sampling programs conducted on Noel Paul and Crystal Lake blocks in Q3/18: Noel Paul: 931 samples in 2017 and 2817 samples in 2018 on 200m lines at 25m intervals resulted in several anomalies to be followed up on. Crystal Lake: 1823 samples taken, same spacing as Noel Paul also resulting in several anomalies to be followed up on. 8

WILDING LAKE PROJECT - 2017: Positive Gold-In-Soil Sample Results Six new gold occurrences were discovered Q4/2016 and three in Q3/17 along 2-3km thrust faulted eastern margin of the Rogerson Lake Conglomerate. The remainder of the 95km trend has seen essentially no historical gold exploration to date. 9

WILDING LAKE Project Q3/17 Drill Hole Plan-Geology Mineralized zones tested with 2599m of diamond drilling in 30 drill holes. All zones remain open and require additional drilling. 10

ANTLER GOLD INC. Future Wilding Lake Exploration Programs General - Demonstrated high potential for additional gold discoveries only 6 km explored in any significant detail - Gold identified within a number of different geological settings including nuggety-gold in quartz veins, disseminated gold (bulk tonnage targets) in altered porphyry, and gold mineralization along the contact between Rogerson Lake Conglomerate and a large blind, positive magnetic anomaly Second phase comprehensive drill program is warranted to fully test the gold zones. - Expand both the Elm and Raven Zones along strike and to depth, - Test the Alder-Taz Zone with a different drill hole orientation to better understand gold-bearing vein geometry, - Expand the Red Ochre (RO) feldspar porphyry mineralization, - Test the RO-style feldspar porphyry rock units that trend across the entire length of the property which significantly increases the potential to discover new gold occurrences and, - Target the new discovery gold bearing conglomerate and gabbro contact aureole that underlies a significant portion of the Wilding Lake project. Continue detailed and regional gold-in-soil sampling programs that have proven successful in discovering the gold occurrences at Wilding Lake : - Expand and infill successful 2017-2018 soil grids on Noel Paul, Crystal Lake and Cape Ray which identified Au-in-soil anomalies associated the regional Rogerson Structural Corridor to define new prospective drilling targets. 11

Continue Soil Sample Programs: Noel Paul Block Continue detailed and regional gold-in-soil sampling programs that have proven successful in discovering the new gold occurrences at Wilding Lake: Soil programs focused along the regional gold bearing structural corridor at Wilding Lake, Noel Paul and Crystal Lake blocks to define new prospective targets. 13 12

Continue Soil Sample Programs: Crystal Lake Block Continue detailed and regional gold-insoil sampling programs that have proven very successful in discovering the new gold occurrences at Wilding Lake. High Priority Gold Target: Crystal Lake Block ( CLB ) has very similar geological characteristics to Marathon Gold s Valentine Lake property ( MG ) gold deposits: Crippleback Lake Intrusive Suite on CLB is similar to Valentine Lake Intrusive Suite that hosts MG gold deposits with a Feb, 2019 reported resource of 2.7 million oz. (M&I) at 1.85 g/t Au and 1.5 million oz. (Inferred) at 1.77 g/t Au. 13

14 Expand the Red Ochre (RO) feldspar porphyry mineralization Test the Alder-Taz Zone to better understand gold=bearing vein geometry Target the new discovery gold bearing conglomerate and gabbro contact aureole that underlies a significant portion of the Wilding Lake project Expand both the Elm and Raven Zones along strike and to depth Test the RO style feldspar porphyry rock units (mag high units) that trend across the entire length of the property which significantly increases the potential to discover new gold occurrences WILDING LAKE Targets For Potential 2 nd Phase Drill Program and Review of 2017 Drilling Three styles of gold mineralization have been identified on the Wilding Lake block: 1. Shear-hosted quartz-tourmaline veins within Rogerson Lake Conglomerate that are reminiscent of veining at Marathon s Valentine Lake deposits. These include the Alder-Taz, Dogberry, Elm-Cedar and Raven zones. All zones remain open along strike and to depth and require additional drilling. 2. Disseminated gold at the Red Ochre Complex (a magnetite-bearing feldspar porphyry). The complex has a distinctive positive magnetic pattern that is quite extensive on the Wilding Lake Block. 3. The Rogerson Lake Conglomerate buried gabbro contact. A large positive magnetic anomaly (approximately 7.0 km long by 2.0 km wide) underlies the Rogerson Lake Conglomerate.

ANTLER GOLD INC. Appendix: Review of 2017 drilling Cedar-Elm Zone Alder-Taz Zone Red Ochre Complex Raven Zone Geophysical Targets 15

Elm Vein Elm Vein WILDING LAKE Elm Zone Trench Visible Gold 15 16

WILDING LAKE Elm Zone Trench: Drill Hole & Channel Sample Plan, and Au Assay Highlight drill hole gold assays include: Hole WL-17-01 returned 7.53 g/t over 3.12 m including 40.85 g/t over 0.5 m, Hole WL-17-24 returned 10.01 g/t over 5.35 m including 49.92 g/t over 0.98 m, and Hole WL-17-25 returned 4.73 g/t over 2.30 m including 10.96 g/t over 0.97 m. Gold mineralization is coarse with a high nugget effect and further drill testing is warranted to expand the zone along strike and downdip and to continue to define potential high-grade gold shoots. 17

WILDING LAKE Elm Zone Trench Diamond Drill Hole Cross-Section 18

WILDING LAKE Alder/Taz Zone Saw-Cut Channel Sample Results 19

WILDING LAKE Alder Zone Trench 20

Trench proved difficult to open up because of thick till, running water and slumping Photo of Taz trench WILDING LAKE Taz Zone Trench Channel Sample Results 21

WILDING LAKE Alder-Taz Zone Drilling Three drill holes tested the Alder Zone returning core sample gold results of: Hole WL-17-02: 0.90 g/t over 1.93 m (poor core recovery in zone, lost approximately 1.0 m of core); Hole WL-17-03: 2.02 g/t over 4.90 m including 11.14 g/t over 0.5 m and 4.34 over 0.5 m; and Hole WL-17-04: 0.46 g/t over 0.90 m. Three drill holes tested the Taz Zone yielding gold sample values of: Hole WL-17-05: 0.5 g/t over 3.8 m; Hole WL-17-06: 0.96 g/t over 5.95 m including 2.26 g/t over 0.90 m; and Hole WL-17-07: 1.09 g/t over 4.55 m including 2.58 g/t over 0.55 m and 1.76 g/t over 1.0 m. Drill holes did not return sample assay results consistent to those encountered in the trench sawcut channel sample results that included: Alder Zone: 6.0g/t over 8.5m, 8.7 g/t over 6.7m and 49.3g/t over 4.6m. Taz Zone: 28.8g/t over 1.0m, 12.2g/t over 0.9m and 14.6g/t over 0.65m. Further drilling is warranted to continue to fully test the potential: Gold mineralization is coarse with a high nugget effect, Sulphide mineralization in localized pods within quartz veins that can be missed with too few drill holes testing the target, and Orientating drill holes to a more northerly direction may better cross-cut and intersect the gold bearing array of sub-vertical extensional quartz vein sets. 22

Discovery Trench WILDING LAKE Red Ochre Complex (RO) Drilling LOOKING NE Pyrite Stringers in Drill Core RO located immediately south of the conglomerate/felsic volcanic contact. Brittle fracture style quartz veins and quartz stockworks hosted in feldspar porphyry. Sulphide mineralization disseminated and fracture fill pyrite stringers. Two drill holes drilled under discovery trench returned gold sample results consistent to the trench channel sample results: Hole WL-17-11 returned gold results of 0.32 g/t over 15.0 m and 1.51 g/t over 11.0 m. Hole WL-17-12 drilled underneath Hole Wl-17-11 returned 0.22 g/t over 16.0 m and 0.98 g/t over 17.0 m. RO gold-bearing feldspar porphyry unit, together with the associated anomalous gold-in-soil sample results, is a major new property wide gold target for further focused drilling programs. The feldspar porphyry unit is regionally well defined by a series of linear airborne magnetic high features that trend across the property in a northeast direction for approximately 8.5 kilometres within the regional gold bearing structural corridor. 23

WILDING LAKE Red Ochre Complex: Drill Hole & Channel Sample Plan, and Au Assay Results 24

WILDING LAKE Red Ochre Complex Drill Hole Cross-Section 25

WILDING LAKE Shear zone with quartz veins. Mineralization: Pyrite, Chalcopyrite and Malachite Raven Zone Drilling Trenching exposed minimum 3.0m wide shear zone with significant quartz veining with pyrite, chalcopyrite and malachite mineralization in the Rogerson Lake conglomerate. Four grab sample assays returned: 273.8, 15.4, 13.6 and 3.5 gpt Au. Diamond drill hole core sample gold results: Hole WL-17-08: 1.44 g/t over 5.1 m including 3.19 g/t over 0.75 m, and Hole WL-17-09 drilled underneath Hole WL-17-08: 0.96 g/t over 5.15 m including 2.53 g/t over 1.0 m. Drilling under the trench did not encounter significant concentration of pyrite, chalcopyrite and malachite mineralization. Possibly due to the drill hole missing the poddy sulphide mineralization within quartz veins observed in the trench. Warrants further drill testing along strike and at depth since the zone has an early drill estimated potential width of 5.0 m wide, and an increased number of drill holes are required to intersect the poddy nature of the mineralization. LOOKING NE 26

WILDING LAKE Geophysical Target Drilling Results One drill hole tested an approximate 7.0 km long by 2.0 km wide magnetic anomaly underlying the Rogerson Lake conglomerate. Magnetic Geophysical Anomaly Gold Targets This hole discovered a new zone of gold mineralization associated with the sheared contact between the conglomerate and underlying gabbro returning: 0.46 g/t over 11.75 m including 5.06 g/t over 0.5 m (Hole WL 17-29). Magnetic Anomaly= Gabbro In addition, Hole WL-17-28 targeted a linear magnetic high returning gold results of 0.53 g/t over 12.7 m from sulphide mineralization in felsic volcanic/feldspar porphyry rock unit similar to the RO Complex located approximately 700 m along strike to the west. 27

Cape Ray Project Regional Property Initial Soil Program 2017 Positive gold-in-soil sample results. 28

Cape Ray Project Additional soil sampling in 2018 Extended reconnaissance 2017 soil grids and expanded on gold-in-soil anomalies. Management feels that the results warrant follow-up soil sampling programs to further define the gold-insoil anomalies, as well as an expanded soil geochemistry and prospecting program on these blocks to generate additional gold targets. 29