Fall 2020

Corporate Presentation

Forward Looking Statements

Information set forth in this presentation may contain forward-looking statements. Forward-looking statements are statementsthat relate to future, not past events. In this context, forward-looking statements often address a company's expected futurebusiness and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and"intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similarexpressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factorswhich may cause our actual results, performance or achievements, or other future events, to be materially different from anyfuture results, performance or achievements expressed or implied by such forward-looking statements. Such factors include,among others, the following risks: the risks associated with outstanding litigation, if any; risks associated with projectdevelopment; the need for additional financing; operational risks associated with mining and mineral processing; fluctuationsin gold and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; thepotential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence ofdividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to U.S.Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the datethat statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs,estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty toforward-looking statements.

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HIGHLY PROSPECTIVEMINERAL PROPERTIESIN IDAHO USA

Baner ProjectChampagne Project

Project Locations

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• Idaho’s newest gold discovery

• Multi-million ounce potential

• Located in the middle of Orogrande Shear Zone

• 5 miles N. of Friday project (Endomines AB)(announced production in Q1 2020)

• Exploration program to begin at end Q3 2020

Champagne Project

• Insiders control >30% of the company

• Proven exploration success in the area

• Local geological team

• Strong capital markets team

• Funded through 2021

Idaho

Champion Opportunity

Baner Gold Project Management

• Past producing gold project

• Historical resource of 2.3M* tons of 1.2 g/t AuEq – used as exploration thesis

• ”Midas” type deposit

• “Blue sky” exploration potential

• Exploration program + Drilling to begin in Q3 2020

• Ranked 8th Best Mining Jurisdictions in the world**

• Close proximity to infrastructure-roads, power, fully functioning towns

• Major financings into mining companies in 2019/20

*non 43-101 resource estimate compliant. ** Fraser Institute Annual Survey of Mining Companies 2019.

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Mining Activity in

IDAHO

Idaho County, Idaho A Gold History

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The Baner Project

Crooked River Gold Rush

• Resurgence of activity in the district: Idaho Champion, Endomines, New Jersey Mining, Montego Resources

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• The Elk City area has had numerous alluvial gold deposits dredged from the tributaries of the Clear Water River between 1850’s and the late 1980’s

• The Crooked River just north of the Baner Project yielded about 1.5 million alluvial ounces in between 1880 and 1910

Baner Property is located 10 km SW of Elk City, Idaho. Nearest supply center is Grangeville 83 km from Elk City.

Baner Project

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• Property 100% owned with no NSRs

• 215 Claims totaling 1,763 Hectares of land located in the middle of the Orogrande Shear Zone which hosts a number of gold deposits, including (but not limited to), the Friday Gold Project located 5 miles south of Baner (Endomines AB announced commercial production in April 2020)

• Idaho’s newest gold discovery: Drill program completed November 2018. +5,000 metre program (19 holes total).

• Highly oxidized mineralization begins at surface and exploration has “open pit” potential

Idaho County, Idaho

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Baner in the “Fairway”

A re-emerging gold mining district, with active exploration and new production at the Elk City Gold Belt.

Baner Project Idaho County, Idaho

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• 2018 drill program discovery zone of 500Meters N/S by 200Meters E/W

• Open in all directions, additional 2.7KM’s of strike to the north and + 1KM to the south, along the OSZ

• 2020 Exploration program has been initiated and will include up to 3000 meters of core drilling

Baner Project Idaho’s Newest Gold Discovery

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2018 Exploration Program Drill Program Results • ICG2018-1: 1.39 g/t over 18.00 metres

(from 83m to 101m)

• ICG2018-8: 8.66 g/t over 6.30 metres(including 0.3 m of 146.75 g/t (from 115 m to 121.3 m)

• ICG2018-9: 1.32 g/t over 12.80 metres(from 47 m to 59.8 m)

• ICG2018-13: 5.76 g/t over 12.65 metres(from 8.65 m to 21.30 m) and 9.02 g/t over 2 metres (32.2 m to 34.2 m)

• ICG2018-14: 0.68 g/t over 11.50 metres(from 14.50 m to 26 m) and 2.27 g/t over 11 metres (from 58 m to 69 m)

• ICG2018-16: 4.80 g/t over 5.90 metres(from 127.9 m to 133.8 m) and 6.55 g/t over 2.90 metres(from 70.8 m to 73.7 m)

• ICG2018-19: 5.85 g/t over 2.00 metres(from 89 m to 91 m)

Rapidly Growing High-grade Gold Target Starts Near Surface – Discovery on <5% of the Baner Property Package

Baner Project 2018 Discovery

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High Grade

Open

Open

Baner Gold Property – Longitudinal Section

Baner Project 2019 – Metallurgical Testing

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Metallurgical Test Work at Baner

• Gold readily leached from the sample. Gold extractions ranged from 87.1% to 93.2% with higher extractions coming from the finer ground material. The majority of gold was extracted in the first 24 hours with slower kinetics observed with the 10 mesh leach test.

• Head analyses indicate that the composite sample contains approximately 1.0 g/mt Au and 2.0 g/mt Ag. There is virtually no organic carbon or sulfides present in the sample.

• The gold present in the composite sample is free milling with extractions over 87% even at a coarse particle size of 10 mesh. A maximum gold extraction of 93% was achieved at 100 mesh and 200 mesh grinds, but with significantly higher cyanide consumption than observed at the 10 mesh particle size.

Baner Project

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T 28 N R 08 ET 28 N R 07 E

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Legend# Proposed Baner Drill Sites

Baner Access RoadBC Claim Outline 0 0.9 1.80.45 Kilometers

Idaho Champion Gold MinesIP Response 1400 m level

November, 20171:20,000

Champagne Project

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• Past producing oxide gold project

• Bema Gold had the property in production from 1990-93 (Heap Leach Gold Mine)

• Project data acquired from Kinross in March 2020

• Property package contains 10 square miles with a large number of historic mines, veins, adits and artisanal pits discovered on the property great exploration potential

– Plans to explore “Midas” type deposits

– Copper mineral assemblage in Moran Tunnel – High sulfidation

– Historical drilling points to high grade gold/silver zone

• Geological setting should respond well to IP Geophysics

Butte County, Idaho

Champagne Project

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Champagne Project Patented Claims

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• Champion purchased five patented lode mining claims and one patented mill site in April 2020.

• Key Piece: The patented claims include the historically mined open pit.

• Claim area Historical resource* of 2.8 M tons of 1.2 g/t AuEQ that was developed from over 100 RC drill holes and 1500 trench channel samples.

• Exploration program initiated in August 2020.

• Will include up to 5000 meters of Reverse Circulation drilling

*non 43-101 resource estimate compliant.

Historical Drilling (Sample from approximately 90 holes) – Exploration Highlight Holes*

Drill Hole From To Length (m) Au g/t Ag g/t

LC8609 7.6 79.2 71.6 1.57 41.94Including 7.6 21.3 13.7 4.20 35.57

LC8854 10.7 51.8 41.1 1.39 46.76Including 32 41.1 9.1 2.23 83.83

LC8614 0 27.4 27.4 1.83 55.08LC8862 0 54.9 53.4 1.00 12.08

Including 25.9 44.2 18.3 1.67 18.28LC8899 3 15.2 12.2 2.59 82.76LC8618 41.1 68.6 27.5 1.46 47.66

Including 41.1 50.3 9.2 2.82 27.40LC8867 0 12.2 12.2 1.94 67.38

Including 1.5 9.1 7.6 2.64 7.6LC8871 4.6 15.2 10.6 13.96 87.37

Including 7.6 13.7 6.1 23.41 93.88LC8879 0 15.2 15.2 4.53 26.93LC8880 0 15.2 15.2 1.08 17.24LC8883 0 15.2 15.2 1.14 23.78LC8885 0 15.2 15.2 1.85 16.76

LC8888 0 15.2 15.2 2.23 16.85

Data Reported Historical Drilling Results of Oxide Mineralization From SurfaceResults reported from within Past Producing Pit

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Exploration Potential for a Much Larger SystemOutside of Past Producing Pit

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Historical Drilling Outside of the Historically Mined Pit

Drill Hole From To Length (m) Avg Au g/t Avg Ag g/t

LC8607 0 3.05 3.05 0.64 15.40

LC8608 4.57 7.62 3.05 0.71 18.00

LC8613 0 18.29 18.29 0.53 5.98

Including 9.14 18.29 9.15 0.71 6.52

LC8620 36.58 80.77 44.20 1.90 78.96

Including 42.67 80.77 38.10 1.68 91.05

LC8620 109.73 117.35 7.62 0.83 –

LC8838

32.0 47.24 15.24 0.70 16.10

54.86 68.58 13.72 0.64 7.66

76.20 82.30 6.1 0.99 45.94

Historical Trenching Outside of the Previously Mined Pit

Trench From To Length (m) Avg Au g/t Avg Ag g/t

TRH21 35.05 44.20 9.15 1.93 134.85

TRH21V 24.38 91.44 67.06 1.31 147.38

*non 43-101 resource estimate compliant.

Trenching Shows at Surface Mineralization Not Previously Mined

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Historical Trenching – Sample

Trench From To Length (m) Au g/t Ag g/t

HRNPIT 0 50.29 50.3 2.59 61.37

Including 16.76 42.67 25.9 4.08 81.98

TRH21 32 45.72 13.7 1.47 320.68

TRH21V 24.38 91.44 54.9 1.31 147.36

TRH9 12.19 111.25 85.3 1.47 40.96

Including 79.25 106.68 13.7 2.49 94.14

TRH24 1.52 30.48 29.0 3.13 91.58

Including 15.24 25.91 10.7 5.63 134.90

*non 43-101 resource estimate compliant.

Idaho Champion 2020 – What Happens Next

ü Review of data purchased from Kinross

ü Field work –Geological mapping

ü Expand property package

ü Ridge and spur soil sampling

• Site surveys

• 3D DTM mesh and model Moran Tunnel and lodes in 3D (dxf)

• Release sample results from 2018 surface sampling program

• Design IP and drilling programs for 2020

• Initiate permitting for drilling program for 2020

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ü Metallurgical testing on oxide from core rejects from 2018 program

ü Internal Modelling of mineralization from 2018 program

ü Drill Permit approved for the 2020 program

ü Launch 2020 Baner exploration program

• Continued field work – focus on new areas

Baner Project Champagne Project

Idaho Champion Progress So Far

New Gold Discovery Made 2018 Drill Program

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Initiative Status Project Notes

Property Acquisition & Development

ü Completed Baner Project Staked 204 additional claims in all directions surrounding the Baner Claims

Property Acquisition & Development

ü Completed Baner Project Acquired the Sally Claims

2018 Exploration Program ü Completed Baner Project +5,000 metre drill program (19 holes)

2018 Exploration Program ü Completed Baner Project Surface sampling program

2018 Exploration Program ü Completed Baner Project IP Program: 3 lines over the bottom portion of property package

Property Acquisition & Development

ü Completed Champagne Project Acquired the Champagne property

Property Acquisition & Development

ü Completed Champagne Properties

Acquired 622 mining claims in the Idaho Cobalt Belt

2017 2018 2019 2020

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Champion Growth

Purchased BanerProperty

2018 Baner Drilling Program New Gold discovery Made

Closed Private Placement Closed Private Placement

Announced drill programs for both Baner and Champagne

Signed LOI with Gold Train Resources for RTO

Staked 113 Claims making up the Champagne Project

Acquired Champagne data from Kinross

Leased + Staked property surrounding the existing

Champagne property. 10 sq. miles

Acquired Patented property hosting the past producing

open pit

Staked and Acquired Ground to make up the Idaho Cobalt Project

(16,975 acres)

Private Placement and RTO Closing with Gold Train

Resources

RTO Closing with Gold Train Resources – Commenced

Trading on CSE

Acquired the Sally Claims within the Baner Project

Closed $8 million Bought Deal financing – Beacon

Securities

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Capital Structure

ITKO 92.4 M 39.9 M 6.2 M 138.5 M

Trading on the CSE Shares Outstanding Warrants (CAD$0.15-$0.45) Options (CAD$0.10) Fully Diluted

Management, Insiders, Friends and Family Ownership>30%

Management and Technical Team with Proven Success Bruce Reid Chairman

Former Chairman and CEO of Carlisle Goldfields Limited; Founding Shareholder of US Silver.

Jonathan Buick President and CEO

Managing Director of Harp Capital Corp. and Buick Group Corp. Has successfully raised +$400 million over his career, with a focus on Korea and Japan, over 20+ years in far east Asia.

Paul Fornazzari Director Partner – Corporate, Securities and M&A. Global Mining Group Head of Latin America at Fasken Martineau DuMoulin LLP.

Greg Schifrin Director Manager and Geologist with >35 years experience. Specializing in precious, base metals, rare earth and uranium exploration and development. Previously held CEO and Director roles at Blackrock Gold Corp.

Patrick Highsmith Director

Operational, exploration and business development executive with >30 years of international experience. Specializing in precious, base metals exploration and development. Previously held Senior management roles at Newmont, BHP, Rio Tinto, Foretesuce Metals, Lithium One, Copper One, Bellhaven Copper and Gold, Pure Energy Metals, and Firefox Gold.

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Champion Opportunity Idaho’s Newest Gold Discovery

Concept Pre-Discovery Discovery Economics Development Startup Production

High Value

Low Value

Discovery SpeculationInitial drilling program/results –Indications of what lies beneath and how it compares to concepts. Investors begin to buy in.

Testing ConceptProving geological concepts and surface exploration

Discovery Drilling proves concept and delineates mineral resource. Excitement in story grows and eventually peaks as early investors take profits.

Economics Company embarks on economics studies in order to make production decisions. Strategic investments or take outs likely around this stage.

Orphan Period

Wait and see on

economics.

Positive Economics – DevelopmentCompany moves to production decision. Begins large financing to begin construction – Institutional Audience.

Start up/ Ramp Up ProductionCompany makes first pour, begins looking at expansion and extension of mine life. Peak to come based on production numbers and expansion.

• Marketing• Prospecting

rights• Permits• Seed financing

• Surface exploration• IP/Geophysics • Geology• Sampling• Initial drilling

• Additional Surface exploration

• Resource definition• In-fill drilling• Step out drilling

• PEA• PFS• Cost Estimates• CAPEX• Reserve Calculations

• Financing• Engineering• Permitting• Construction

• Startup• Operation

• Ramp up• Expansion

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Multi-Million Ounce Potential

Baner ProjectChampagne Project

– past producer2020 Exploration begins Q3

ManagementControl >30% of company

Success in the area Strong capital markets team

Funded through 2021

LocationWorld Top 10 jurisdiction Developed infrastructure

Major investments in 2019 and 2020

Champion Opportunity Idaho’s Newest Gold Discovery

For more information, please contact:

Jonathan Buick416 569 7092

jbuick@idahochamp.com

Nicholas Konkin416 567 9087

nkonkin@idahochamp.com