ppt

1. TSX: ME
OTC: MPUCF IXETRA: MOP
Creating a Major Canadian Gold Project
January 2021
EXPANDING GOLD RESOURCES IN THE
TIMMINS CAMP
OTC: MPUCF; Xetra: MOP
TSX : ME

2. Forward-Looking Statements
2
This presentation contains forward-looking information and forward-looking statements, collectively “forward-looking statements”. All
statements, other than statements of historical fact, that address activities, events or developments that the Company believes,
expects or anticipates will or may occur in the future (including, without limitation, statements regarding exploration programs,
potential mineralization, future plans and objectives of the Company, updated to the mineral resources, and the timing and results
thereof) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company
based on information currently available to the Company.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to
differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially
realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could
cause actual results or events to differ materially from current expectations include, among other things, uncertainties relating to the
availability and costs of financing needed in the future, changes in commodity prices, changes in equity markets, changes to regulations
affecting the Company's activities, the uncertainties involved in interpreting exploration results and other geological data and the other
risks involved in the mineral exploration industry.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements
are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be
put on such statements due to the inherent uncertainty therein.
Gary O’Connor, FAusIMM is a qualified person under NI 43-101 and has reviewed and approved the contents of this presentation.
TSX : ME

3. 3TSX : ME
Ontario Focused Gold
Explorer in the Timmins
Camp
Partnership with O3 Mining
FLAGSHIP ASSET
“Tower” Gold Project
Regional Resource Potential
• One of the largest undeveloped
gold projects in North America
• New discoveries in 2020
• Regional Scale Potential
• 70,00 m drill porgram
• Acquisition of O3 Garrison Project
• Gold inventory of 4.0MM ozs
indicated & 4.4MM ozs inferred
• PEA’s on South West & Garrison
highlight robust economics
Combination of the Golden
Highway and Garrison Gold
Projects
Overview of Moneta

4. 4TSX : ME
Building World Class Size Gold Project
Creates a new top 3 Canadian
undeveloped gold project
Attractive synergies for
new mine build in Timmins
Re-rating Potential
• Combined projects –
Garrison (O3 Mining) and
Golden Highway (Moneta
Porcupine) – have 8.4 Moz
gold1
• 70,000 hectares to explore in
the Timmins Camp
• Garrison and Golden
Highway: Recently PEA’s.
Potential for substantial
development flexibility and
operational synergies
• Partnership results in access
to greater funding options
and lower cost of capital
• Larger gold resource base,
increased funding and
permitting certainty and an
enhanced development
scenario
• Greater scale and potential
economic synergies
• More attractive to
institutional shareholders
1 2 3
Garrison Project
+ Golden Highway
Consolidation Highlights
1/ See Appendix – Mineral Inventory: N.I. 43-101 technical report Golden Highway dated on December 10, 2020, and Garrison Resources Update dated on December 14, 2020

5. 5TSX : ME
Transaction Summary
1/ See Appendix – Mineral Inventory: N.I. 43-101 technical report Golden Highway dated on December 10, 2020, and Garrison Resources Update dated on December 14, 2020
• Moneta and O3 have entered into a definitive share purchase agreement whereby Moneta will acquire
all the outstanding commons shares of Northern Gold
Proposed
Transaction
• Moneta will issue approximately 150 million shares to O3
– O3 will own approximately 30% of Moneta (pre-financing)
Consideration
• Majority shareholder approval resuired
• Shareholder meeting will take place in the second quarter of 2021
Shareholder
Approval
• Officers and Directors of the company along with certain shareholders of Moneta have entered into
voting support agreements in support of the transaction
Shareholder
Support
• Board of Directors to be comprised of 8 directors:
– 5 nominated by Moneta
– 2 nominated by O3
– 1 independent director to be determined
• Gary O’Connor and his executive team will lead the combined entity
Management &
Board
• Moneta shareholder meeting and closing of the Transaction expected to take place in the second
quarter of 2021
Timing

6. Moneta’s Highlights
6TSX : ME
Tower Gold Project has a Current Resource 1
of 4.0 million ounces of gold indicated and 4.4 million ounces gold inferred
Excellent potential for expansion
Expanded development options
❖ Ownership of Major Land Package consisting of 12 Gold Projects along the
Prolific Destor-Porcupine Fault Zone (DPFZ)
❖ Acquisition of Garrison Project adds 73% to exploration land package
❖ Existing Infrastructure to support future gold production scenarios
1. December 08 2020 Micon International Limited & Ausenco Engineering Canada Inc. December 2020.
❖ South West PEA and Garrison Project PEA’s completed; Excellent economics
❖ No royalties or encumbrances on majority of resources
❖ 50% Ownership of Garrison Project JV with Kirkland Lake Gold

7. 7TSX : ME
Timmins Gold Camp
has produced >85Moz
Gold over the last 100
years
Canada’s most prolific
gold producing camp
Contiguous Land Package
Top 3 Undeveloped Projects in Canada
Significant resource base
Established mining camp
Re-rate opportunity towards advanced developer peers
De-risking potential from financing and development
perspective
Well positioned amongst Canadian Developer peers:
Gold Projects in the Timmins Camp
Open pit
1.82 Moz Ind
1.06 Moz inf
Underground
0.63 Moz Ind
2.13 Moz inf
Open pit
1.10 Moz Ind
1.03 Moz inf
Open pit
0.41 Moz Ind
0.18 Moz inf

8. Corporate Information
8TSX : ME
Shares Outstanding 347.2 Million 52 Week Range
High: $0.38
Low: $0. 06
Options ($0.18)
Warrants ($0.19)
23.9 Million
3.5 Million
January 15, 2021
Current Share Price $0.36
Fully Diluted 365.4 Million Market Capitalization $123 MM
Insiders have acquired shares in market in the last 12 months
Institutional Shareholders
Scotia (1832) Eric Sprott
Sprott Funds K2
Dundee Mackenzie/US Global
Analyst Coverage
Don Blyth Paradigm
George Topping IAG
Kerry Smith Haywood
Cash Position $7.2MM*
Debt NilRetail
16%
Long Term
26%
Insiders
9%
Institutions
49%
OWNERSHIP
*$20MM bought deal financing announced 14 January 2021

9. Leadership: Management & Directors
9TSX : ME
Management Team:
Gary O’Connor CEO
Jason Macintosh CFO, Corporate Secretary
Board of Directors:
Alex Henry Chairman
Ian Peres Executive Director
Kevin Heather Independent Director
Rod Cooper Independent Director
Alex Henry Independent Director
Mark Wayne Independent Director
Mark Ashcroft Independent Director
Josef Vejvoda Independent Director
Successful Track Record in Exploring, Developing and Producing
Team experience includes:

10. Major Gold Project in the Timmins Camp
10TSX : ME
❖ Timmins Gold Camp has produced >85Moz Gold over the last 100 years
❖ Canada’s most prolific gold producing camp
❖ Excellent infrastructure (roads, power, mills and local workforce)
❖ Safe Jurisdiction: Ontario, Canada
Tower Gold Project
Tower Gold Project

11. 11TSX : ME
One of the largest undeveloped gold mining
projects in North America
Benefits to Moneta Shareholders
Much larger scale project than originally
envisioned in recent PEA studies with substantial
economic benefits to be realized from operational
and development synergies
Expanded optionality for the development of
resources
Land position increase by 73% for resource
expansion in the prolific Timmins Gold Camp
Potential starter pit at Garrison with outcropping
gold mineralization to augment the development
of Moneta's open pit resources
O3 Mining to support Moneta through board
representation and as its largest shareholder
Combined exploration agreements and
consolidation of good working relations with the
Wahgoshig First Nation
Continued resource expansion and district
consolidation opportunities

12. Moneta New Land Position
12TSX : ME
Tower Gold Project
Open pit
0.41 Moz Ind
0.18 Moz inf
Underground
0.63 Moz Ind
2.13 Moz inf
Open pit
1.10 Moz Ind
1.03 Moz inf
Open pit
1. 82 Moz Ind
1.06 Moz infHighway
Moneta/Kirkland Lake JV

13. 13TSX : ME
Mineral Resource Updates: December 2020
101 Gold Project: Combined Resources
Open Pit Underground
Deposit Tonnes Grade Ounces Tonnes Grade Ounces
(t) (g/t) (oz) (t) (g/t) (oz)
SW Indicated 4,530,000 4.07 592,000
SW Inferred 9,607,000 4.01 1,238,000
WJS Indicated 40,582,000 0.84 1,100,000 6,000 3.90 1,000
WJS Inferred 28,956,000 1.10 1,028,000 143,000 4.06 19,000
WA Indicated
WA Inferred 4,367,000 4.71 662,000
55 Indicated 9,896,000 1.30 413,000
55 Inferred 5,079,000 1.10 180,000 123,000 4.65 18,000
Disc Indicated 141,000 3.49 16,000
Disc Inferred 658,000 4.00 85,000
WJN Indicated 182,000 3.98 23,000
WJN Inferred 813,000 4.08 107,000
Garcon Indicated 20,923,000 0.82 552,000
Garcon Inferred 7,056,000 0.87 197,000
903 Indicated 27,558,000 0.84 747,000
903 Inferred 30,760,000 0.69 682,000
Jonpol Indicated 17,786,000 0.91 523,000
Jonpol Inferred 7,521,000 0.76 183,000
Total Indicated 116,745,000 0.89 3,335,000 4,859,000 4.05 632,000
Total Inferred 79,372,000 0.89 2,270,000 15,711,000 4.21 2,129,000

14. 14TSX : ME
Production
Standalone gold production when
combined surpasses 200,000 Oz per
year
Exploration Potential
Future mine expansions possible by
further exploring open pit potential at
Golden Highway and Garrison
Metallurgy
Ores from both projects are compatible
using conventional process flow sheets
Capital Costs
Standalone initial capital costs of the
assets combined will be considerably
reduced through realization of project
synergies
Industrial Facility Footprint
The overall footprint of the facilities will
be reduced as common buildings,
process plant area, and tailings storage
areas are combined
Increased Funding Potential
O3 Mining and Moneta Porcupine
partnership improves access to funding
options and lower cost of capital
85% Significant increase in indicated resources 2.7:1
Starter pit at Garrison containing
1,070,000 oz Au at a grade of 1.04 g/t
Au at a strip ratio of 2.7:1
Value Creation through Synergies

15. FD ITM Market Cap (C$MM) $277 $1,222 $739 $734 $1,025 $1,036 $423 $247 $283 $210 $185 $168
Au Eq. Resources (MM oz) 1.4 5.7 4.1 4.7 7.2 7.0 4.4 3.4 4.5 3.9 3.9 8.4
$0
$50
$100
$150
Battle
North
Osisko
Mining
Marathon
Skeena
Sabina
Osisko
Dev't
Corvus
Probe
Integra
Fury
KORE
New
Moneta
15TSX : ME
Peer Group Comparison
Significant Potential Upside
EV/Au Eq. Resources (US$/oz)
Compelling New Moneta value proposition provides opportunity for re-rate
$16
Source: FactSet and company disclosure.
Notes: New Moneta shown pre-financing. Resources shown inclusive of reserves. Au Eq. resources based on consensus LT price estimates of (US$): Au-$1,600/oz; Ag-$22.50/oz.

16. Net Asset Value (C$M) EV / Au Resources Re-Rating Potential (C$/ME share)
$178
$594
--
$100
$200
$300
$400
$500
$600
$700
New Moneta
Market Capitalization
New Moneta
Valuation
C$0.34
per share
C$1.13
per share
C$0.34
C$0.83
C$1.24
C$1.58
C$2.05
Current
Moneta Share
Price
US$40/oz US$60/oz US$77/oz
(Peer Average)
US$100/oz
Premium to
Current
145% 264% 364% 503%
16TSX : ME
Re-Rating Potential (cont’d)
Source: FactSet
Note: Shown pre-financing.
1/ As of January 13, 2020
Excluding synergies,
the Garrison and
Golden Highway
Projects will have a
combined NPV5% of
C$594 at US$1,500
Au or C$1.13 per
share

17. 17
Re-Rating Potential
EV / Resources (US$/oz AuEq) (1)
$131
$119 $118
$110
$94
$80
$69
$54
$43
$38 $35 $31
$16
Marathon
BattleNorth
OsiskoMining
Skeena
Sabina
OsiskoDev't
Corvus
Artemis
Probe
Integra
Fury
KORE
NewMoneta
Peer Average: US$77/oz
Total Resources (Moz AuEq)
13.7
8.4
7.2 7.0
5.7 5.5
4.7 4.5 4.4 4.1 3.9 3.9
3.4
1.4
Artemis
NewMoneta
Sabina
OsiskoDev't
OsiskoMining
Moneta
Skeena
Integra
Corvus
Marathon
Fury
KORE
Probe
BattleNorth
Creates a Timmins Gold Camp
development company with a
significant resource base
(3,967,000 ounces Au indicated
and 4,399,000 ounces Au
inferred)
+8 Moz
of gold
Consolidates 26,345 ha of
prospective ground in an
established mining camp
+25K ha
TSX : ME
Source: FactSet
Note: Shown pre-financing.
1/ As of January 13, 2020

18. Highlights of Combined Projects
18TSX : ME
❖ Adds 1,822,000 Au ounces indicated and 1,062,000 Au ounces inferred adjacent to the
Golden Highway project
❖ Creates a Timmins Gold Camp development company with 3,967,000 ounces Au
indicated and 4,399,000 ounces Au inferred
❖ Provides starter pit at Garrison containing 1,070,000 oz Au at a grade of 1.04 g/t Au at a
strip ratio of 2.7:1 and a cash production cost of US$721/oz
❖ Located within 5 km of current Moneta resources
❖ Gold ounces to be acquired at US$14/oz compared to median of US$51/oz for
comparable transactions
❖ Gold ounces to be acquired at 0.15x NAV verses 0.5x NAV for precedent developer
transactions
101 Gold Project

19. 19TSX : ME
Strategic Location: Adjacent Resources
Tower Gold Project
Garrison Open Pit
• 1.82 Moz Ind
• 1.06 Moz inf
Golden Highway Underground
• 0.63 Moz Ind
• 2.13 Moz inf
Windjammer South Open Pit
• 1.10 Moz Ind
• 1.03 Moz inf
55 Open Pit
• 0.41 Moz Ind
• 0.18 Moz inf 2 km
Isometric view to NE NE
SW

20. Optimization Plans
20TSX : ME
101 Gold Project
❖ Project synergies
❖ Expand starter pit at Garrison
❖ Expand size and economic benefit of larger starter pit
❖ Expand high grade underground resources at Golden Highway
❖ Bulk tonnage underground mining
❖ High grade mill feed (~4 g/t Au)
❖ Expand Westaway and South West underground resources
❖ Target Buffonta, Twin Creeks, Gold Pike and other high-grade targets
❖ Infill open pits at 55 and Windjammer South (under-drilled)
❖ Lowers strip and adds ounces (improves economics)
❖ Extend size of Golden Highway pits at Windjammer South and 55
❖ Drill and model South West near surface mineralization
❖ Refine process flow sheet
❖ Improve recoveries
❖ Rationalization of resource development
❖ Waghoshig First Nations: Same exploration agreements
❖ Expand and rationalize environmental base line studies

21. Moneta: Current Plans and Program
21TSX : ME
❖ Currently Planned, Underway and Financed
❖ Finish existing drill program at Golden Highway (commenced)
❖ Expand Westaway underground resource
❖ Expand South West underground resource
❖ Expand Windjammer South open pit resource
❖ Expand Discovery underground resource
❖ Infill 55 and Windjammer South Pits
❖ Reduce strip and increase ounces (improve economics)
❖ Model South West near surface low grade
❖ Metallurgical test-work
❖ Resource Update (expanded scope)
❖ 30,000 m ($5.0MM)
101 Gold Project

22. 22TSX : ME
❖ New Plans (synergies with current plans)
❖ Expand starter pit (Garrcon); Open
❖ Expand pits at Golden Highway
❖ 55
❖ Windjammer South (To north)
❖ Connect Windjammer South to South West
❖ Metallurgical test work on new resource areas
❖ Optimize process flow sheet
❖ Continue to expand resources
❖ Discovery/ Halfway/ East Fold/ Westaway/South Basin
❖ Target new high grade targets: Buffonta, Gold Pike, Twin Creeks
❖ Expanded resource update
❖ Update expanded combined PEA
❖ 40,000 m drilling ($7.0MM)
New Moneta: New Plans and Program
Tower Gold Project

23. 23TSX : ME
NewCo is well positioned and capitalized to advance the development of the combined entity and
create the next gold mine in Timmins Ontario
NewCo
Completion of combination
to form NewCo
H1-
2021
H1-
2021
Drill
Complete drilling campaign at
Golden Highway
30,000m
>2022
FS
Completion of Study
of combined project
H2-
2021
40,000m drilling program
Combined PEA & expanded
resource update
Metallurgical test work
PEA
2022
RE
New resource
estimate for
combined project
Milestones

24. 24TSX : ME
Appendices

25. 25TSX : ME
South West PEA: Summary Results
Robust Underground Development
Economics Pre-Tax Post-Tax
Net present value (NPV5%) C$ million $368.2 $236.4
Internal rate of return (IRR) % 39.2% 29.7%
Payback Period (undiscounted) years 2.9 years 3.4 years
LOM avg. annual cash flow C$ million $66.9 $48.6
LOM cumulative cash flow
(undiscounted)
C$ million $556.3 $371.3
Profitability Index NPV/Initial Capital 1.64
Peak Investment C$ million C$114.3
Initial Capital Costs C$ Million C$144.2
Sustaining Capital Costs (LOM) C$ Million C$135.7
Gold price assumption US$ per ounce US$1,500
Exchange rate US$/C$ 0.77
PEA Highlights
• After tax NPV5% of C$236MM
• After tax IRR of 30%
• At US$1,500/oz gold
• 3.4 year pay-back after tax
• Average C$49MM annual free cash flow
• C$371MM LOM after tax free cash flow
• US$590/oz after tax cash cost
• US$747/oz after tax AISC
• 1,750tpa mining rate
• Bulk underground mining
• 76,000oz/pa production
• 11 year mine life
*Micon International: September 2020

26. 26TSX : ME
Garrison: PEA Summary Results
Ausenco: December 2020 PEA*
Financial Results
❖ After tax NPV5% of C$321 MM
❖ After tax IRR of 33%
❖ US$1,450 per ounce gold
❖ 2.3 year pay-back after tax
❖ Royalty: 1.5%
❖ Average C$34MM annual free
cash flow
❖ C$323MM LOM after tax free
cash flow
❖ 12 year mine life
Preliminary Economics Post-Tax
Net present value (NPV5%) C$ million $321
Internal rate of return (IRR) % 33%
Payback Period (undiscounted) years 2.3
LOM avg. annual cash flow C$ million $34
LOM cumulative cash flow
(undiscounted)
C$ million $323
Profitability Index NPV/Initial Capital 1.2
Initial Capital Costs C$ Million $267
Sustaining Capital Costs (LOM) C$ Million $126
Cash Cost US$/oz US$721
All In Sustaining Cost US$/oz US$818
Gold price assumption US$ per ounce US$1,450
Exchange rate US$/C$ 0.75
*Ausenco, December 14, 2020

27. 27TSX : ME TSX : ME
CORPORATE CONTACT
Linda Armstrong, Investor Relations
Email: larmstrong@monetaporcupine.com
Phone: 647-456-9223
monetaporcupine.com