Trojan Gold Inc. — Capital/Financing Update 2021

Dec 10, 2021

47 Graham Crescent PO Box 1022 Marathon, Ontario POT 2E0

April 29th 2020

To: Tashota Resources Inc, Suite 1600, 144 - 4[th] Avenue SW Calgary AB T2P 3N4 ("TRI" or the "Optionee")

Re: Amendment to the Hemlo South Option Agreement

In reference to the agreement between myself as Optionor and Tashota Resources Inc. as Optionee, dated March 4[th] , 2014 regarding the Hemlo South mining property (the "Agreement"), I hereby acknowledge receipt of the following option payments of cash and shares as follows:

• 200,000 shares of TRI within 15 days of the effective date of the Agreement;

• $25,000 cash and 200,000 shares of TRI originally due on or before March 4[th] , 2015;

• $25,000 cash [paid] and 200,000 shares of TRI originally due on or before March 4[th] , 2016;

• $25,000 cash [paid] and 200,000 shares of TRI originally due on or before March 4[th] , 2017;

• $25,000 cash and 200,000 shares of TRI originally due on or before March 4[th] , 2018;

I also acknowledge that Exploration Expenditures on the Hemlo South property of $50,000 due before November 25[th] , 2014, plus $100,000 originally due before March 4[th] , 2016 have been completed.

I also note for the record that an additional 250,000 shares of TRI due to be issued to me within 30 days of the shares of TRI being listed on the TSX-V or the CSE, still remain to be issued upon such listing.

I hereby agree to amendment of the Agreement by extending the due date for an additional $150,000 of Exploration Expenditures, originally due before March 4[th] , 2017 to December 31[St] , 2020, subject to TRI maintaining the Hemlo South property, as it is now constituted after conversion to cell claims, in good standing.

Dated at Marathon, Ontario April 29[th] , 2020

Rudolf Wahl

____ “Rudolf Wahl”____