Superior Gold Investor Presentation — March 2022

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WORLD -CLASS GOLD MINE

IN TIER ONE JURISDICTION

TSX-V: SGI | OCTMKTS: SUPGF

Fourth Quarter 202 1 Results –March 2022

FOURTH QUARTER 2021 RESULTS MARCH 2022

Forward Looking Statements :

Thereader is advised thatthePlutonic Main Pit Preliminary Economic Assessment (“PEA”) referred tointhispresentation is preliminary innature, includes Inferred Mineral Resources thatareconsidered toospeculative geologically tohave theeconomic

considerations applied tothem thatwould enable them to becategorized asMineral Reserves, andthere isnocertainty that the PEAwillberealized .Mineral Resources thatarenotMineral Reserves donothave demonstrated economic viability. There are no

Mineral Reserves contained inthePEA.

Certain statements made inthispresentation contain forward -looking information, within themeaning ofapplicable Canadian securities legislation, and forward looking statements, within themeaning ofapplicable United States securities legislation

(collectively, “forward -looking information”), which reflects management’s expectations regarding Superior Gold’s future growth, results from operations (including, without limitation, future production andcapital expenditures), performance (both operational

andfinancial) andbusiness prospects andopportunities .

Wherever possible, words such as“predicts”, “projects”, “targets”, “plans”, “expects”, “does notexpect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or“does notanticipate”, “believe”, “intend” andsimilar expressions orstatements that certain

actions, events orresults “may”, “could”, “would”, “might” or “will” betaken, occur orbeachieved, orthenegative or grammatical variation thereof orother variations thereof, orcomparable terminology have been used toidentify forward -looking information .

Such forward -looking information includes, without limitation, statements with respect toMineral Reserve andMineral Resource estimates ;targeting additional Mineral Resources andexpansion ofdeposits ;Superior Gold’s dependency onthePlutonic Gold

Operations foroperating revenue and cash flows in thenear term;theCorporation’s expectations, strategies andplans forthePlutonic Gold Operations, including theCorporation’s planned exploration, development andproduction activities atthePlutonic

Gold Mine, Hermes andBryah Basin ;andfuture financial oroperating performance andcondition oftheCorporation anditsbusiness, operations andproperties .

Forward -looking information isnotaguarantee offuture performance andisbased upon anumber ofestimates andassumptions ofmanagement, inlightof management’s experience andperception oftrends, current conditions and expected developments,

aswell asother factors thatmanagement believes toberelevant and reasonable inthecircumstances .While theCorporation considers these assumptions tobereasonable, theassumptions areinherently subject tosignificant business, social, economic,