April 2020Investor Presentation

CSE : GSK

Forward Looking Statements & Qualified Person

Forward Looking Statements:

This presentation contains certain statements that may be deemed “forward-looking statements”. All statements, other than statements of historical fact, that address events or developments that Goldseek Resources Inc. expects to occur, are forward-looking statements.

Forward-looking statements are statements that are not historical facts and are generally, but not always identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.

Although Goldseek Resources believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in theforward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploration and production successes or failures, continued availability of capital and financing, inability to obtain required shareholder or regulatory approvals, and general economic market or business conditions.

Forward-looking statements are based on the beliefs, estimates and opinions of Goldseek’s management on the date the statements are made.

Qualified Person:

The scientific and technical disclosure in this presentation regarding the Horizon Property has been reviewed and approved by Garry Clark P.Geo (ON), a Qualified Person as defined in NI 43-101.

The scientific and technical disclosure in this presentation regarding the Bonanza Property has been reviewed and approved bySteven Lauzier, P.Geo OGQ1430, a Qualified Person under NI 43-101.

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Investment Highlights

Recent 43-101 on each property

Mining friendly jurisdictions

Management has extensive mining and business experience

Grassroots opportunity to invest in newly listed public company

100% ownership

Drill ready targets

Early exploration work on Goldseek’s properties indicate several prospects in both gold mining camps

Large management/insider ownership position

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Large landholdings in Urban Barry (Osisko Mining, Bonterra Resources), Hemlo (Barrick) and Fenelon (Wallbridge Mining) gold mining camps

History

Goldseek Resources (CSE : GSK) began trading on March 9, 2020

No new funds raised on IPO

Significant exploration work done on both properties before listing

Final prospectus (dated February 14, 2020) used to clear special warrants

Acquired prior staked properties in both Urban Barry, Quebec and Hemlo, Ontario gold mining camps at low cost

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Acquired Southern Arm Property (Fenelon Gold Camp) through direct staking at low cost with no underlying royalty

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Bonanza ProjectUrban Barry Camp, Quebec

Summary - Bonanza Project

Contiguous claims (12,000 acres) in the Urban Barry Camp with 7.1 million ounces discovered-to-date

Shares 28 km border with Osisko’s Great Bear target (OSK-UB-18-076 up to 3.07g/t Au, 26.2g/t Ag and 0.43% Cu)

11 TDEM anomalies

Strong gold till soil samples from both Melkior Resources (TSXV:MKR) and Osisko Mining (TSX:OSK) on bothsides of property, on trend

43-101 (November 13, 2019) completed by Steven Lauzier, P.Geo on SEDAR

Easy access via Lebel-sur-Quevillon (70 km west)

$4.7 billion development deal announced between the Eeyou Istchee James Bay Cree and the Government of Quebec

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The first phase includes powerlines out to the Windfall Camp

Urban Barry Mining Camp

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Borders Osisko’sGreat Bear Target

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VTEM Airborne Results

TARGETS

9.2 g/t Au + 1.8% Cu and 6.2 g/t Au + 0.85% Cu.

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Bonanza Property

• 2 boulders close to each other with significant Au-Cu mineralization found on adjacent property

• K-93-62 (9.2 g/t Au + 1.8% Cu) and K-92-53(6.2 g/t Au + 0.85% Cu)

• Both show the same brecciated pyrrhotitic iron formation with recemented pyrite and chalcopyrite

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Bonanza Property

Where is the source of the 2 pyrrhotitic iron formation boulders?

First search for the source:In 1998, Aur Resources and ODM completed a magnetic survey which delineated a long magnetic anomaly which mapping found it to be a pyrrhotitic iron formation.The company drill tested the magnetic conductor with only one 100m drill hole. A limited layer of altered gneiss was found and was barren of gold. It was determined that the source was located further NE.

Aur Resource Property (1998), boulders and DDH, from GM55916

An iron formation is expected to show a long and strong magnetic anomaly and could be a good conductor depending of the mineralogy of the iron formation.

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Bonanza Property

Where is the source of the two pyrrhotitic iron formation boulders?

Second search for the source:

In 2018, Osisko Mining searched for the source on their Great Bear Target. That area included the second closest up ice magnetic anomaly associated with a series of conductors defined by Osisko. From GM70939 : ‘’The first target […] is located up-ice from two historical boulders […].’’

Four drill holes tested the target and no grades of interest were found and no mention of an iron formation is in the drill logs.

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Osisko 2018 Drill Hole location on magnetic anomaly

Aur Resources Drill Hole and boulder location

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Bonanza Property

Where is the source of the two pyrrhotitic iron formation boulders?

Osisko drilled the second closest up ice possible source of the boulders. The magnetic anomalies didn’t show the presence of an iron formation and were explained by intrusions.

The boulder’s lithogy correspond to an iron formation. No mineralization of this type is known in the Urban Barry belt to the North (Aur, 1998). The boulders aren’t likely sourced from further north.

The only iron formation found in the area of the boulders was partly mapped and it also explained the long magnetic anomaly found by Aur in 1992. The one drill hole program that was undertaken in 1998

wasn’t sufficient to properly test the potential of the iron formation. 15 km of lateral extension of

the iron formation is located on the Bonanza Property which provides the best target to find the source of the boulders.

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Bonanza Property

Can the iron formation on the Bonanza Property host the boulder mineralization or other mineralization similar to those found in the boulders?

The Bonanza property contains both lateral extensions of the magnetic lineament defined by Aur Resources. Over 15 km of the same magnetic iron formation is on the property and is also associated with conductor anomalies.

Aur Resources Lineament, Boulder and Drilling Location

This is a unique opportunity to explore for mineralization similar to that found in the boulders : Pyrrhotitic iron formation hosting gold and copper mineralization (9.2 g/t Au + 1.8% Cu and 6.2 g/t Au + 0.85% Cu).

Multiple geological features are found on the property. The most interesting ones are the coincident regional faulting with cross-cutting structures defined with the magnetic survey. Those also coincide with conductor anomalies and are prime targets for gold exploration.

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Bonanza 2020 Work Program

Exploration using boulder tracing and systematic till sampling down-ice from the magnetic lineament will help Goldseek to reduce the areas of interest by pointing which areas of the lineament could host mineralization. This could also find new mineralization in the greenstone belt in the northern part of the property.

A local IP grid would suffice to define the different context available for drilling.

Phase I – Till and boulder sampling. $175,000

Phase II – IP survey. $75,000

Phase III – Trenching and Drilling. $750,000

By identifying the type of IP response given by the mineralized boulder found during Phase I, we will be able to specifically determine which IP anomaly to test by trenching or drilling.

Planned survey lines(white lines)

Total Cost – $1,000,000

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Horizon ProjectHemlo Camp, Ontario

Summary - Horizon Project

Contiguous claims (5,000+ acres) in the Hemlo Camp which has produced more than 21 million ounces

3 strong VTEM anomalies

IP survey completed April 2019 further defined VTEM targets

north of the Hemlo Deposit and shares 5 km border with Barrick4 km

Signs of renewed exploration activity in area by Barrick

Spring 2020 Maiden Drill Program Planned

Very limited historical exploration

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43-101 (November 8, 2019) completed by J.Garry Clark, P.Geo on Sedar

Hemlo Area Map

• Hemlo Gold Mines have produced greater than 21 million oz of gold over 30 years of continuous production

• Located 350 km east of Thunder Bay, 37 km east of Marathon, and 64 km south of Manitouwadge

• Nearby infrastructure including roads, rail, power, and skilled labour

• Limited historical exploration and geologically similar to known Hemlo gold deposits

• Previously identified linear breaks in magnetics including West-North-West trending shears or fault which may splay from the regional E-W oriented Hemlo line of lode

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Horizon – VTEM and IP TARGET SUMMARY

VTEM Airborne SurveyB Field Z Component

Target A - 3000 x 1800 m shallow (<100 m) conductor along the contact between maficto intermediate metavolcanicswith metasediments

Target C - 250 m radius “bulls-eye” anomaly with over 600 m of depth extent

Target B - 1800 m in length and 75 m in estimated depth; occurring along contact area between Cedar Lake Pluton and metasediments

Cedar Lake Pluton

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IP PSUDEOSECTION - Target A

• A moderate chargeability anomaly that has a very good and strong resistivity high correlation that continues to depth

• This zone appears to be a broad target, but the shape of the response may suggest that survey line may be paralleling a portion of the structure

• Anomaly correlates to broad shallow lithological conductor outlined in VTEM survey along contact between mafic to intermediate metavolcanics and metasediments

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IP PSUDEOSECTION - Target B

L700MN• Modest chargeability zone between 775ME and 675ME that correlates to a modest and deep resistivity high• A second weaker zone lies between 900ME and 975MEand correlates with a deep-rooted resistivity high

L500MN• Cross-cut by river• Modest chargeability anomaly with an associated resistivity high on eastern and western flank of river

Drill Target B

Drill Target B

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Conductor is coincident with the NW-SE trending magnetic gradient anomaly. The shallow weakly conductive conductor is approximately 1800 meters in length, and 75 meters in estimated depth. It should be noted that the data within this zone may be affected by anthropogenic features.

IP PSUDEOSECTIONS - Target C

• Strongest IP zone outlined on the grid

• Zone has a direct resistivity low correlation suggesting it is highly conductive bedrock feature and relatively close to surface

• The zone correlates directly with a good magnetic feature as outlined in the airborne VTEM survey

• The “Bullseye” conductor is approximately 200 min diameter and 150 m in estimated depth with depth extent continuing for several hundred meters

• The anomaly occurs in metasedimentary rocks alongthe western edge of the Cedar Lake Pluton, a setting similar to that hosting the world class Hemlo depositslocated 7.5 km to the south

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2020 Horizon Work Program

Phase 1 – Spring (May) Drill Program:• An initial program of 1,500 meters of drilling is proposed on three anomalies outlined in both the 2017 VTEM survey

as well as the 2019 IP survey• The higher priority target is “Target C” as this anomaly was the strongest IP conductor outlined in the 2019 survey.

This zone also correlated with a good magnetic feature as outlined in the 2017 VTEM survey• VTEM Maxwell plate modelling as well as ground truthing of anomalies will be performed before drilling to obtain a

better understanding of the orientation and depth of the conductors

Target A:• x2 200-300m holes

Target B:• X2 150m holes proposed

Target C:• 2 DDH Scissor on one set up to test extent of anomaly (x2 ~300m holes)

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Southern Arm ProjectFenelon Gold Camp, Quebec

Summary - Southern Arm Project

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• Contiguous claims (8,000 acres) in the Fenelon Gold Camp, 10km south of Wallbridge Mining’s Fenelon Project

• Acquired through direct staking at low cost with no underlying royalty

• Borders Probe Metals, Midland Exploration and Great Thunder Gold

• Historical drilling intersected disseminated Au-Cu-Zn sulfides

• VTEM target identified along the Bapst Fault among other EM anomalies

• A full review of the historical work conducted on the property is underway, including the review of historic results from drillholes and statistical treatment of the available geochemical data

Southern Arm Project –Neighboring Results

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• There have been strong gold results seen in grab samples and drill results on Probe’s property located on Goldseek’s south border:

Budget

• 80% of 2 year budget to be spent on exploration

• Cash on hand of $270,000

• No debt

• Monthly burn rate of $19,000 (excluding exploration)

• Estimated all-in drilling costs $120 per meter based on a historical 1,800 meter program

Transfer Agent $15,000

Legal $30,000

All Management/Consulting Fees $184,800

Regulatory and Listing Fees $30,000

Audit Expense $30,000

Marketing $80,000

Working Capital $100,000

Total $469,800

Horizon Drilling (Phase 1) $300,000

Horizon (Phase 2) $200,000

Horizon (Phase 3) $500,000

Bonzana Soil (Phase 1) $100,000

Bonanza IP (Phase 2) $115,000

Bonanza Drilling (Phase 3) $550,000

Unallocated $235,000

Total $2,000,000

Total Budget $2,469,800

% Exploration 81%

G&A:

Exploration

Two Year : 2020-2021 Budget

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Capital Structure

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Canadian Stock Exchange CSE : GSK

(millions)

19.9

0.4 ($0.10 expires March 9, 2024)

1.2 ($0.13 expires February 14, 2022)

21.5

17.3 87%

2.6 13%Public Float

Common shares currently o/s - fully diluted

Management & Insider Ownership

10.1 million shares escrowed

Options

Common shares currently o/s - basic

Warrants

Management & Directors

President, CEO & Director

CFO & Director

Director

Director

Director

Director

Jon Deluce, CA, CPA• Former Manager at Ernst & Young specializing in Mining and Metals; worked with

numerous NYSE and TSX listed intermediate mining companies• CEO and director of Melkior Resources Inc. (TSXV : MKR)

Quinn Field-Dyte • Extensive financing and public company experience

Wesley Hanson P.Geo• 35 years of mining experience; Former VP Technical Services, Kinross Gold; former

President & CEO, Noront Resources• Independent Director

Joseph Luongo• Independent Director

Keith James Deluce• 40 years of management experience

Charles Joseph Deluce• 30 years of business experience

Technical TeamQuebec – SL ExplorationOntario – Clarke Exploration

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