Online Policy and Cautionary Notes

Online Policy

In accordance with TSX recommendations, Battle North Gold Corp. ("Battle North" or the "Company")does not comment or respond to online posts or 'forums'. However, it has come to our attention that some bulletin boards have postings that contain false and damaging statements regarding the Company. When we become aware of such statements, we contact the operator of the bulletin board or forum to request the removal of the libellous post(s), damaging and/or inaccurate statements. We also review our other legal rights and remedies and may determine that we will bring legal action against the person who posts such false and damaging statements together with an action against the operator of the bulletin board. Investors or potential investors should not rely on the content of such unregulated media for accurate Company information or investment decisions, and they should contact the Company with questions.

As you may be aware, TSX guidelines (consistent with National Policy 51-201 - Disclosure Standards) advise public company representatives to refrain from posting messages on internet bulletin boards, blogs etc. It has been brought to our attention that certain responses issued from our Investor Relations Department to emailed questions have appeared on various bulletin boards. In keeping with the spirit of the TSX guidelines we have amended our policy, and accordingly will not respond to emailed questions. We invite shareholders and investors to please call our investor relations officer at +1 (416) 766-2804 should they have any questions.

Cautionary Notes

General Disclaimer

Battle North has taken all reasonable care in producing and publishing information contained on this website and will endeavor to do so regularly. Material on this website may still contain technical or other inaccuracies, omissions, or typographical errors, for which Battle North assumes no responsibility. Battle North does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this website. Under no circumstances, including, but not limited to, negligence, shall Battle North be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer or other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this website. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this website, except for personal use, unless you have obtained our express permission.

The Toronto Stock Exchange (“TSX”) has not reviewed the information on this website and does not accept responsibility for the adequacy or accuracy of it.

Cautionary Statement regarding Forward-Looking Statements and other Cautionary Notes

All statements, other than statements of historical fact, contained or incorporated by reference in this website, including any information as to the outlook and future performance of the Company, constitute “forward-looking statements” and “forward looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “ample”, “anticipate”, “assumption”, “believes”, “conceptual”, “contemplate”, “conversion”, “could”, “demonstrates”, “development”, “enhance”, “emerging”, “estimate”, “expect”, “exploration”, “factors”, “feasibility”, “focus”, “forward”, “future”, “goal”, “indication”, “intends”, “lowered”, “may”, “manageable”, “mineable”, “model”, “objective”, “on track”, “opportunity”, “outlook”, “plan”, “potential”, “preliminary”, “probability”, “profile”, “progress”, “project”, “Preliminary Economic Assessment” (or “PEA”), “reduced”, “risk”, “schedule”, “sensitivities”, “should”, “strategic”, “study”, “target”, “uncertainties”, “upgrade”, “upside”, “validate”, “viability”, “view” and “will”, or variations of such words, and similar such words, expressions or statements that certain actions, events or results can, could, may, should, will (or not) be achieved or occur in the future. In some cases, forward-looking information may be stated in the present tense, such as in respect of current matters that may be continuing, or that may have a future impact or effect. Forward-looking statements include, but not limited to statements mineral resource estimates, the anticipated timing of the delivery and details of an updated NI 43-101 technical report and/or a Feasibility Study for the Project (including the potential results of such study), potential tonnage of mineralized material and grade thereof from the Project (including, but not limited to, any Explore Target areas), the potential to improve mineral resource estimates (including but not limited to expanding the quantity and converting or upgrading the classification) and any further steps necessary to do so; and mine plans including any potential increases in mine life; potential for future exploration success at the Company and the Bateman Gold Project; Mineral Resource estimates (including the Updated 2020 Mineral Resource Estimate, converting, upgrading (or converting) and/or expanding or increasing Mineral Resource estimates); expected or proposed exploration and development activities at the F2, McFinley and Pen Zones, “Explore Target” areas and other regional exploration targets, and any impact of such activities; geological and structural modelling; the details of the 2019 PEA (including economics, such as return on capital (including IRR) and NPV, free cash flow, gold production (payable or otherwise), capital and operating costs, life of mine (or LOM) and any conceptual or contemplated mine plans, estimated tonnes and grade, mineable inventory, construction period and other results of the 2019 PEA, all of which are estimates only); gold price and USD/CAD exchange rates; feasibility and potential commercial viability of the Bateman Gold Project, completion of the anticipated feasibility study (including its delivery) and exploration programs, including continuation of related work and the sufficiency of the funding thereof; statements regarding the impact of health, safety and security measures or protections, and other protocols, implemented by the Company’s in response to the quickly evolving Coronavirus (or COVID-19) situation, and the Company’s ability to respond in the future to that situation, including the implementation any new such or other measures or protections and the impact thereof. Forward-looking statements are based on the assumptions, estimates, expectations and opinions of management, which management considers reasonable and represent its best judgment based on available facts, as of the date such statements are made. If such assumptions, estimates, expectations and opinions prove to be incorrect, actual and future results may be materially different than expressed or implied in the forward-looking statements. The assumptions, estimates, expectations and opinions referenced, contained or incorporated by reference in this presentation which may prove to be incorrect include those set forth herein, and in the Company’s Management’s Discussion and Analysis for the quarter ended March 31, 2020 (the “Q1 MD&A”) and the accompanying financial statements, the 2019 PEA and the January 2020 Technical Report, as well as: (1) permitting, exploration and development at the Bateman Gold Project being consistent with the Company’s current expectations including, without limitation, the maintenance of existing permits, licenses and other approvals and the timely receipt of other permits, licenses and other approvals necessary from time to time; (2) political and legal developments in any jurisdiction in which the Company operates being consistent with its current expectations; (3) the completion of exploration programs and studies, including the anticipated feasibility study on the Bateman Gold Project, on the timelines currently expected (notwithstanding the risks, uncertainties, contingencies and other factors described below including the quickly evolving COVID-19 coronavirus (“COVID-19”) situation), and the results being consistent with the Company’s current expectations; (4) the exchange rate between the Canadian dollar and the U.S. dollar being approximately consistent with current levels; (5) certain price assumptions for gold; (6) prices for diesel, natural gas, electricity and other key supplies being approximately consistent with current levels; (7) the accuracy of the Updated 2020 Mineral Resource Estimate (including but not limited to ore tonnage and ore grade estimates), the 2019 PEA and January 2020 Mineral Resource Estimate relied upon therein, and the Company’s internal models; (8) labour and materials costs being consistent with the Company’s current expectations; and (9) the Company’s ability to meet current and future debt obligations or to complete future financings to raise additional capital as and when needed. Forward-looking statements are inherently subject to significant known and unknown business, economic, competitive and other risks, uncertainties and other factors which may cause the actual results, performance or achievements of Battle North Gold to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: gold price fluctuations; possible variations in mineralization, grade or recovery or throughput rates; uncertainty of Mineral Resource estimates, inability to realize exploration potential, mineral grades and mineral recovery estimates; actual results of exploration activities; delays in completion of exploration plans for any reason including insufficient capital; labour issues; suppliers and service providers, including labour shortages and/or work curtailments or stoppages as may result from the Coronavirus (or COVID-19); conclusions of economic or geological evaluations including the 2019 PEA and the anticipated Feasibility Study (including the timing of its delivery); changes in project parameters as plans continue to be refined; failure of equipment or processes to operate as anticipated; accidents and other risks of the mining industry; delays and other risks related to operations; the ability to obtain and maintain permits and other regulatory approvals (as well as the timing and terms thereof) and to comply with such permits, approvals and other applicable regulatory requirements; the ability of Battle North Gold to comply with its obligations under material agreements including the Loan Facility and other financing agreements; the availability of financing for proposed programs and working capital requirements on reasonable terms and in a timely manner; the ability to meet, repay or refinance current and future debt obligations on reasonable terms and in a timely manner; risks associated with the ability to retain key executives and key operating personnel; cost of environmental expenditures and potential environmental liabilities; relations with local communities including First Nations; failure of plant, equipment or processes to operate as anticipated; cost of supplies; market conditions and general business, economic, competitive, political and social conditions; our ability to generate sufficient cash flow from operations or obtain adequate financing to fund our capital expenditures and working capital needs and meet our other obligations; the volatility of our stock price, and the ability of our common stock to remain listed and traded on the TSX; epidemics, pandemics and other public health crises, including COVID-19 and similar viruses; and the “Risk Factors” in the Company’s annual information form dated March 27, 2020 (“2020 AIF”) as well as the risks, uncertainties, contingencies and other factors identified in the January 2020 Technical Report and the Q1 MD&A and accompanying financial statements, all of which are available under the Company’s profile at and on its website at The foregoing list of risks, uncertainties, contingencies and other factors is not exhaustive; readers should consult the more complete discussion of Battle North Gold’s business, financial condition and prospects that is provided in the 2020 AIF. The forward-looking statements contained or incorporated by reference herein are expressly qualified by these Cautionary Statements as well as the Cautionary Statements in the Q1 MD&A, the 2020 AIF and the January 2020 Technical Report. Forward-looking statements contained herein are made as of the specified and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable laws.

Qualified Person The content of this corporate presentation relating to geology and exploration has been read and approved by George Ogilvie, P.Eng., President, CEO, and Director, who is a Qualified Person as defined by NI 43-101.

Cautionary Statement Regarding Mineral Resources
Until mineral deposits are actually mined and processed, mineral resources must be considered as estimates only. Mineral resource estimates that are not Mineral Reserves do not have demonstrated economic viability. The estimation of mineral resources is inherently uncertain, involves subjective judgement about many relevant factors and may be materially affected by, among other things, environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant risks, uncertainties, contingencies and other factors described in the foregoing Cautionary Statements, as well as those described in the Q1, 2020 MD&A and accompanying financial statements, the 2020 AIF and the January 2020 Technical Report. The quantity and grade of reported "Inferred" mineral resource estimates are uncertain in nature and there has been insufficient exploration to define "Inferred" mineral resource estimates as an "Indicated" or "Measured" mineral resource and it is uncertain if further exploration will result in upgrading (or converting) "Inferred" mineral resource estimates to an "Indicated" or "Measured" mineral resource category. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, which may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling results and statistical inferences that may ultimately prove to be inaccurate. Mineral resource estimates may have to be re-estimated based on, among other things: (i) fluctuations in mineral prices; (ii) results of drilling, and development; (iii) results of test stoping and other testing; (iv) metallurgical testing and other studies; (v) results of geological and structural modeling including stope design; (vi) proposed mining operations, including dilution; (vii) the evaluation of mine plans subsequent to the date of any estimates; and (viii) the possible failure to receive required permits, licenses and other approvals. The mineral resources estimates referenced in this news release were reported using Canadian Institute of Mining , Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves in accordance with National Instrument 43-101 of the Canadian Securities Administrators (" NI 43-101 ").

Cautionary Statement to U.S. Readers
Information concerning descriptions of mineralization and mineral resources estimates contained in this news release may not be comparable to information made public by United States companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission (" SEC ") under applicable United States securities laws. Canadian reporting requirements for disclosure of mineral properties are governed by NI 43-101. The definitions used in NI 43–101 differ from the definitions under applicable United States securities laws. For example, this news release uses the terms "Measured" and "Indicated" mineral resources and "Inferred" mineral resources which, while defined by NI 43-101 and recognized and required by the Canadian Securities Administrators, are not recognized by the SEC . The estimation of "Measured", "Indicated" and "Inferred" mineral resources involves greater uncertainty as to their existence and economic feasibility than the estimation of a "Reserve". The estimation of "Inferred" mineral resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of mineral resources. It cannot be assumed that all or any part of a "Measured", "Indicated" or "Inferred" mineral resource estimate will ever be upgraded (or converted) to a higher category.

It should not be assumed that any part or all of a "Measured", "Indicated" or "Inferred" mineral resource estimate exists or is economically or legally mineable. Under Canadian securities laws, estimates of "Inferred" mineral resources may not form the basis of feasibility studies, pre-feasibility studies or other economic studies, except in prescribed cases, such as in a preliminary economic assessment under certain circumstances. The SEC normally only permits issuers to report mineralization that does not constitute "Reserves" as in-place tonnage and grade without reference to unit measures. Under U.S. standards, mineralization may not be classified as a "Reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the "Reserve" determination is made.

Privacy Statement

Battle North is committed to ensuring that the privacy of your personal information is protected. The Company’s commitment to you has been developed in accordance with British Columbia’s Personal Information Protection Act and ensures that your personal information will only be collected, used, and disclosed in compliance with the law. Battle North does not collect any personal information about visitors to this website other than information as you may specifically and knowingly provide to Rubicon or other such personal information as is indicated below. Personal information collected by Battle North will not be transferred to any party outside of the Company unless otherwise stated at the time of collection.

Battle North may collect and maintain statistics relating to the number of visits to the website, the types of browsers used and the Internet Protocol Address of the originator. This information is used only for internal purposes. Any material, information or other communication including, but not limited to, questions, comments or suggestions you transmit to Rubicon through this website will be considered non-confidential and non-proprietary. In making any such transmission, you agree that the Company will have no obligations of any kind with respect to those communications. Where it is necessary, in order to respond to your inquiry, the communications you provide may be passed on within the Battle North organization. By sending any communications to us, you are consenting to the personal information contained therein being transferred within Battle North and being processed by the Company for these purposes. You are prohibited from posting or transmitting to or from Battle North any unlawful, threatening, libelous, defamatory, obscene, pornographic or other such materials in addition to materials or communications that may violate any law.

Your Consent

By using this website, you consent to the collection and use of information as outlined in the above statement. If Battle North decides to change its privacy policy, Battle North will post those changes on this page so that you are always aware of what information Battle North collects, how it will be used, and under what circumstances it will be disclosed.


Your use of this website shall be governed by the laws of the Province of British Columbia and any applicable federal laws of Canada. You hereby attorn to the exclusive jurisdiction of the Courts of British Columbia in respect of all matters arising out of your use of this website, and the courts of the Province of British Columbia shall have exclusive jurisdiction over any dispute arising out of your use of this website.

Contacting Us

Battle North welcomes any queries, comments or requests you may have regarding its Privacy Policy. Please do not hesitate to contact investor relations at