Roscan Gold : Corporate Presentation - February 2023

CORPORATE DEVELOPMENT

February 2023

High-Grade Gold

Discoveries in Mali

Actively Drilling and Exploring Five Major Trends of Gold Mineralization

TSXV:ROS OTCQB:RCGCF FSE:20J

Looking Forward Statements

This presentation contains forward-looking statements relating to assumptions, estimates, expectations and statements made by Roscan Gold Corporation ("ROSCAN") that describe future plans, intentions, beliefs, objectives or goals. These statements are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or anticipated by such forward-looking statements.

Statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, are forward-looking statements. Examples of such forward- looking statements, without limiting the generality of the foregoing, include:

• Potential to earn our interest in mineral properties
• Ability to complete property acquisitions/transactions and conduct exploration work
• Capital requirements and ability to obtain funding
• Ability to continue as a going concern

Although ROSCAN believes that the assumptions, estimates and expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements due to the inherent uncertainty. ROSCAN disclaims any intent or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or other such factors which affect this information, except as required by law.

ROSCAN is in the business of exploring for minerals and, if successful, ultimately mining them. The mining sector is by its nature, cyclical, competitive and risky. Many of these risks are beyond the Company's control.

The Company regularly updates the information on the website. However, this information does not constitute a comprehensive picture of the Company's business, and is presented without any form of representation, guarantee or promise, expressed or implied, as to its accuracy, completeness or timely update. In this regard, the Company expressly revokes any responsibility for publicly sourced information of guarantees, expressed or implied, including and without limitation to, any guarantee of quality or compliance, in respect to any end result.

A preliminary short form prospectus containing important information relating to the securities described in this presentation has been filed concurrently with this presentation with the securities regulatory authorities in British Columbia, Alberta and Ontario. A copy of the preliminary short form prospectus, and any amendment, is required to be delivered to any investor that received this presentation and expressed an interest in acquiring the securities. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final short form prospectus has been issued. This presentation does not provide full disclosure of all material facts relating to the securities offered. Investors should read the preliminary short form prospectus, final short form prospectus and any amendment for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.

Qualified Person (QP)

Gregory Isenor, P.Geo, Director and member of Professional Geologist of Nova Scotia and Canadian Institute of Mining and Metallurgy, is the Qualified Person under NI43-101 who has reviewed and approved the scientific and technical information in the presentation.

TSXV:ROS OTC:RCGCF FSE:20J CORPORATE PRESENTATION FEBRUARY 2023 2

Investment Highlights

Returning Some of the Best Drill Intercepts in West Africa

Maiden Resource of 1.2Moz Global + Up to 0.8Moz Exploration Target

Key Deposits - Mankouke South (MS1) and Kabaya

5 New Significant Discoveries:

1. Kandiolé North - 3,500m Trend1 - KN1 with 1,500m mineralized corridor
2. Walia - 1,500m Strike Length 2
3. Moussala North - 8km trend from Kandiole North Discovery 3
4. MS2 - 150 metres West of Mankouke South - 7.92gpt over 19m4
5. Disse - extension of neighboring mineralization reported over 135 meters of strike on the Roscan permit6

Prolific +50Moz Gold Camp & Near Existing Infrastructure

• Large land package hosting multiple, high-priority targets along a 20km long mineralized trend
• 25 km east of B2Gold's Fekola Mine - within trucking distance (Mankouke South)
• 7 operating mines within an 80km radius of the Kandiolé Project

Leadership Track Record in West Africa

• Sir Samuel Jonah - Former CEO of Ashanti Goldfields and Executive President of AngloGold Ashanti
• Mr. Nana Sangmuah - Former Mining Analyst for Clarus Securities
• Mr. Gregory Isenor - Long established discovery track record

1. https://roscan.ca/investors/news-releases/roscan-gold-intersects-2.04-gpt-gold-over-25m-3.85-gpt-over-11m-and-5.93-gpt-gold-over-6m-at-kandiole-north-confirms-gold/
2. https://roscan.ca/investors/news-releases/roscan-gold-makes-new-major-gold-discovery-at-walia-with-a-1-500m-strike-length-and-intersected-21.4gpt-over-8m-including/
3. https://roscan.ca/investors/news-releases/roscan-gold-makes-new-discovery-at-moussala-north-intersects-5.39-gpt-over-32m-from-surface-including-8.93-gpt-over-16m/
4. Roscan Gold Intersects 7.52gpt over 19m including 21.28gpt over 5m at the Recently Discovered High-Grade Zone 150m West of Mankouke South |Roscan Gold Corporation
5. https://roscan.ca/investors/news-releases/roscan-gold-significantly-increases-depth-and-continuity-of-mineralization-along-strike-of-600m-at-kabaya-all-52-holes-drilled/
6. https://roscan.ca/investors/news-releases/roscan-gold-makes-new-high-grade-gold-discovery-at-the-disse-target-with-7.29-gpt-gold-over-6m-15.09-gpt-gold-over-2m-and-12.36/

MS1 - DDMan-20-34

5.16 gpt Au

over 65.0m from 93.2m

TSXV:ROS OTC:RCGCF FSE:20J CORPORATE PRESENTATION FEBRUARY 2023 3

Capital Structure

Ticker Symbol		TSX.V : ROS
52-week high / low	$	0.42 / 0.15
Shares Issued & Outstanding	m	379.0
RSUs/Options	m	25
Fully Diluted	m	404
Market Cap.	$m	77

Major Shareholders	Shares (m)	%
Management & Directors	54.6	14.4%
Asante Gold	29.6	7.8%
Bromma Asset Management	12.4	3.3%
ASA Gold and Precious Metals	10.9	2.9%
Mackenzie Precious Metals	7.1	1.9%
Dundee Capital	5.0	1.3%
Sentry Investments Mng.	4.2	1.1%
Lynwood Capital	3.2	0.8%
Royal Bank	3.2	0.8%
CI Funds	2.7	0.7%
Marlborough Fund Managers	2.7	0.7%
Sprott Inc	2.2	0.6%
US Global Investors	1.5	0.4%
Total	139.3	36.7%

Bloomberg and Company data as of February 3rd, 2023. Rounding errors may be present.

C$ per Share

0.30

0.20

0.10

0.00

Company	Analyst	Target Price
	Bereket A. Berhe	C$0.75
	Brock Colterjohn	C$0.85
	Varun Arora	C$0.85
	Ryan Walker	C$1.05
	Don Blyth	C$0.85
	Alex Terentiew	C$0.80
Share Price Performance: Previous 6-Months	7.5
		21c as of 3rd February 2023
			5.0	Million Shares
			2.5

0.0

TSXV:ROS OTC:RCGCF FSE:20J CORPORATE PRESENTATION FEBRUARY 2023 4

Location & Infrastructure

Located in a Favourable Area of Mali

• Highly prospective 401.8km2 land package
• Issues located 1,000km away - continuously monitored
• No reported issues in drilling or camp areas
• Security at camp and drill sites; escort from Bamako

Proximity to Existing Infrastructure

• Mankouke Permit located within trucking distance (25 km) of Fekola (B2Gold) and Boto (IAMGOLD)
• Kandiole West target just 8km from Fekola
• Project accessible by sealed road from Bamako
• 1.5km Diabarou airstrip located 700m from camp

Located in a Prolific Gold Jurisdiction

1. NI 43-101 Technical Report on the Loulo-Gounkoto Gold Mine Complex, Mali, 18th September 2018
2. NI 43-101 Sadiola Sulphide Project (SSP) 2015, Mali; IAMGold Annual Report 2018
3. B2Gold Annual Information Form, March 20, 2020; BB2Gold Analyst Day 2020 Presentation, October 2020
4. NI 43-101 Technical Report Mineral Resource and Reserve Update for the Tabakoto Gold Mine, Mali; Endeavour Corporate Presentations
5. NI 43‐101 TECHNICAL REPORT BOTO OPTIMIZATION STUDY - SENEGAL
6. IAMGOLD Press Release, Jan 30, 2019; Title: IAMGOLD Reports 744,000 Indicated Ounces and Increases Resources by 57% at the Diakha - Siribaya Gold Project in Mali

TSXV:ROS OTC:RCGCF FSE:20J CORPORATE PRESENTATION FEBRUARY 2023 5