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Altan Nevada Minerals Limited Management Discussion And Analysis For The Six Months Ended June 30, 2023

The management’s discussion and analysis of financial condition and results of operations (“MD&A”) focuses upon the activities, results of operations, liquidity and capital resources of Altan Nevada Minerals Limited (the “Company”) and its subsidiaries (the “Group”) for the six months ended June 30, 2023. In order to better understand the MD&A it should be read in conjunction with the condensed interim consolidated financial statements and related notes for the six months ended June 30, 2023. The Group’s consolidated financial statements are prepared in accordance with International Financial Reporting Standards (“IFRS”) and filed with appropriate regulatory authorities in Canada. This MD&A is current to August 29, 2023 and in US dollars unless otherwise stated.