Katoro Gold : Haneti Presentation

Haneti Early-Stage Exploration Project

April 2021

DISCLAIMER

These presentation slides (the "Slides") do not constitute an offer to the public or an offer for sale or solicitation to purchase or subscribe for any securities of Katoro Gold plc (the "Company") and they should not be relied on in connection with a decision to purchase or subscribe for any such securities. The Slides and the accompanying verbal presentation do not constitute a recommendation regarding any decision to sell or buy securities in the Company. If any person is in doubt as to the contents of this presentation, or wishes to obtain advice as to the investmentmerits of the Company's securities,he should seekindependent advice from a person who is an authorised financial services provider.

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CONTENTS

Introduction

Haneti Project

Nickel Commodity

Next Steps

Conclusion

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INTRODUCTION

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EXECUTIVE SUMMARY

65% owned - JV with Power Metal Resources (LON:POW) 35%. The Company continues to explore all funding options for the advancement of Haneti, which may include further join ventures or farm-ins

The 65% owned Haneti project is a polymetallic system with identified potential for nickel (sulphide and laterite), Platinum Group Metals ('PGMs'), copper, gold, lithium and rare earth elements ('REEs').

Within the vast project area, the principal target zone is an 80 km long ultramafic belt with grades from surface sampling of up to 13.6% nickel and 2.33 g/t combined platinum and palladium.

Within the 80 km ultramafic belt is the principal target, Mihanza Hill, where 2015 geophysical work identified significant extensions to nickel sulphide prospective target rock formations and geochemical interpretation has identified prospectivity for chonolith type nickel-copper-PGM mineralisation.

Mihanza Hill is believed by the Company, based on desktop work undertaken, to have the potential to host a similar style of mineralisation to the Sipa Resources Limited (ASX:SRI) Akelikongo nickel project in Uganda.

Katoro has has completed in early 2021, a c. 2000m RAB drill programme at Haneti, focused on nickel sulphide and PGM targets at Mihanza Hill and MwakaHill, the two priority targets.

Next Steps in the Programme is to plan and execute a Diamond Drilling Programmeplanned for 2021 to provide a full intersection through the ultramafic intrusion

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