Message from the Chair and CEO - COVID-19 Response - March 15th Shareholder Meeting Postponed

Dear shareholders,

The Goldbelt board of directors and executive management team have been closely monitoring the situation with the COVID-19 coronavirus outbreak. We share your concern for potential impacts to our community. The health and safety of our shareholders, especially our precious elders and youth, is our top priority. Acting with an abundance of caution and care, the Goldbelt board of directors has decided to postpone the Juneau Shareholder Opportunity Meeting until further notice. The meeting was scheduled to take place on Sunday, March 15.

As of today, no cases of COVID-19 have been identified in Alaska. However, Goldbelt is taking preventative action and exercising all precautions recommended by public health experts. We encourage Goldbelt shareholders and their families to do the same.

At this time, we ask that shareholders use their best judgment when planning to visit the Goldbelt corporate office, and respectfully request that any shareholders or community members that are ill avoid office visits. The Goldbelt corporate office remains open for the time being; however, we recognize the situation may change quickly, and have contingency plans for staffing and support in place should the need arise. You are always welcome to call Goldbelt at (907) 790-4990 or 1 (800) 770-5866 if you have questions and there is an abundance of information for shareholders online at Goldbelt.com and at MyGoldbelt.com.

Goldbelt has formed an internal COVID-19 response committee, which will continue to monitor the situation and advise the Goldbelt board of directors on further developments. We will keep our health and safety protocols updated based on guidance from the World Health Organization and other public health authorities.

It is our hope that taking these measures to keep the safety of our shareholders, employees, and their families as a priority will help our community to stay healthy, and minimize the impacts of this critical issue.

Gunalchéesh,

Todd Antioquia - Chairman of the Board

McHugh Pierre - President & CEO