G.E.T.T GOLD INC.

MANAGEMENT'S DISCUSSION AND ANALYSIS

FOR THE SIX-MONTH PERIOD ENDED MARCH 31, 2023

500-7055, Taschereau boulevard, Brossard (Quebec) J4Z 1A7 Phone: (450) 510-4442 Fax: (450) 510-9901

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G.E.T.T Gold Inc.

Management's Discussion and Analysis

For the six-month period ended March 31, 2023

This report provides an analysis of our results from operations and financial situation which will help the reader to assess material changes in results from our operations and financial situation for the six-month fiscal year ended March 31, 2023, and the corresponding period of the previous year. The information contained in this document is dated as May 29th 2023. This Management Discussion and Analysis Report ("MD&A") intends to comply with Rule 51-102A of the Canadian Securities Administrators on continuous disclosure and is intended to supplement our condensed interim financial statements. It presents management's point of view on G.E.T.T Gold Inc.'s (the "Company") ongoing activities and its current and past financial results, it gives an indication of its present and future orientations, while elaborating on its financial results and other risks that could have an impact on the Company's business. This present MD&A was approved by the Board of directors on May 29th 2023.

This report should be read in conjunction with the annual audited financial statements. Condensed interim financial statements are prepared in accordance with the International Financial Reporting Standards ("IFRS"). All dollar amounts are expressed in the functional and presentation currency of the Company, which is the Canadian dollar, unless otherwise specified. Further information about the Company, its properties and projects will be available on the website www.gettgold.com, annual and quarterly reports are available for consultation on SEDAR at the following address www.sedar.com.

GOING CONCERN

The accompanying condensed interim financial statements have been prepared using IFRS applicable to a going concern, which contemplates the realization of assets and settlement of liabilities in the normal course of business as they come due.

In assessing whether the going concern assumption is appropriate, management takes into account all available information about the future, which is at least, but not limited to, twelve months from the end of the reporting period.

The Company has not generated revenue from the distribution of its thermal fragmentation process since the acquisition of the technology. As at March 31, 2023, the Company has an accumulated deficit of $65,971,996 ($65,252,271 as at September 30, 2022) and a working capital deficiency (current liabilities in excess of current assets) of $11,825,322 ($2,572,077 as at September 30, 2022).

Management considers that funds available to the Company, comprising cash balances on hand, the balance of sale of mining properties and the current portion of gold ounces receivable will be sufficient to meet its obligations and cover its operating budget for the next six months from the date of the financial position. Any funding shortfall thereafter may be met in a number of ways, including the issuance of new equity instruments, cost reductions and/or other measures such as the renegotiation of its debt and debenture terms of repayments. While management has been successful in securing financing in the past, there can be no assurance that it will be able to do so in the future, that such sources of funding or other initiatives with lenders or investors will be available to the Company or that they will be available on terms acceptable to the Company.

The Company's ability to secure any required financing to sustain operations will depend in part upon prevailing capital market conditions and business success. In addition, if additional financing is raised through the issuance of additional shares from treasury, control of the Company may change, and shareholders may suffer dilution. If adequate funds are not available, or are not available on acceptable terms, the Company may be required to scale back its current business plan or cease operations. If management is unable to obtain new funding, the Company may be unable to continue its operations, and amounts realized for assets might be less than amounts reflected in the condensed interim financial statements.

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G.E.T.T Gold Inc.

Management's Discussion and Analysis

For the six-month period ended March 31, 2023

These conditions above indicate the existence of a material uncertainty that may cast significant doubt about the Company's ability to continue as a going concern.

The Company's ability to continue as a going concern is dependent upon the continued financial support of shareholders and lenders, its ability to attain profitable operations and generate funds therefrom and/or its ability to continue to obtain equity or debt capital to obtain the necessary financing sufficient to meet current and future obligations.

The condensed interim financial statements do not reflect the adjustment to the carrying values of assets and liabilities, expenses and financial position classifications that would be necessary were the going concern assumption not appropriate. These adjustments could be material.

CORPORATE INFORMATION AND NATURE OF ITS ACTIVITIES

G.E.T.T Gold Inc. was incorporated under the Québec Business Corporations Act on July 18, 2000. Its head office is located 500-7055 Taschereau boulevard, Brossard (Quebec) J4Z 1A7, phone: 450-510-4442,email: info@gettgold.com. The Company is a publicly listed Company. Its shares trade on the TSX Venture Exchange under the symbol GETT and on the OTCQB Exchange under the symbol RCCMF.

The Company's mission is to generate a constant robust revenue stream through the introduction, commercialization, and utilization of the thermal fragmentation process within the mining industry. In time the Company seek to acquire mining properties amenable to its exclusive and patented thermal fragmentation technology.

Technology

Following successful surface test trials conducted at the end of 2022, our R&D group pursues its mandate to identify and continued optimization and upgrading of the efficiency and reliability of the thermal fragmentation equipment.

Additionally, the Company obtained a government grant to continue its R&D programs with Coalia and the College of Thetford Mines. This laboratory program will significantly enhance our ability to identify and characterize the spallability of various types of rock. This work is extremely important as it will enable the Company to offer a high-level of confidence when offering turn-key thermal fragmentation solutions services to potential clients.

The website is constantly being improved and updated with the most recent information, news releases, photos, videos, and corporate presentations including information from our latest trials and equipment. Additional sections have been defined to present R&D activities and potential new markets.

In March 2023, management attended the PDAC (Prospectors & Developers Association of Canada) and met with several mining companies located in Africa, Canada, Mexico, New Zealand, Scotland and the U.S.A and who have demonstrated an interest in the technology. Equipment manufacturers able to provide additional improvements for the underground market were also met and discussions started.

In May 2023, for the second year in a row, G.E.T.T. Gold will attend the CIM's (Canadian Institute of Mining, Metallurgy and Petroleum) annual general meeting that will be held in Montreal, Quebec, Canada. The objectives for Management will be to continue renewing with mining contractors, consultants, equipment providers and new mining operations facing challenges with current vein mining extraction methods. At the conference, G.E.T.T. Gold

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G.E.T.T Gold Inc.

Management's Discussion and Analysis

For the six-month period ended March 31, 2023

will present a newly defined Spalling Assisted Mining Method based on thermal fragmentation technology sequences permitting to reduce costs and minimize dilution.

Management will also meet with various Canadian mining corporations, associations and R&D organisations to discuss additional assistance to support continued R&D and technology demonstration efforts.

An additional surface test phase will be conducted in the second part of the 2023, to identify new Health & Safety essential data required to re-introduce the Thermal Fragmentation Spalling Assisted Method underground.

Furthermore, Management has started discussions with Lithium mining companies in order to identify orebody spallability and characterisation. If fruitful, these discussions could open new possibilities and lucrative markets for G.E.T.T Gold.

Outlook 2023

Having achieved several milestones in 2022, the year ended on a very positive note with the successful completion of surface trials conducted with the thermal unit, renamed the 'Xtract'ORE. The unit underwent several modifications and upgrades that were rigorously tested during the trials.

The first part of 2023 was dedicated to gathering, classifying and analyzing the test results and the identification of additional improvements to further increase the equipment's efficiency and reliability. These improvements are designed and ready and will be integrated before the start of the next round of testing. In the second quarter, the R&D program at Coalia and College of Thetford Mines was officially started and a pilot test bench build. Multiple rock samples will soon be tested to characterize spallability versus geology, mineralogy and other factors.

Building on the positive results obtained with the upgraded thermal unit, and preliminary lab results, the Company will continue to identify advantageous geological formation such as the Lithium orebodies to explore new surface bulk sampling opportunities for its technology.

In addition to surface activities, the Company continued to seek potential underground mining clients in Canada which will not only allow to demonstrate the versatility of the thermal fragmentation technology and potential to economically extract precious metal vein structures. Following discussion with mining consultants and potential customers a new mining method called Spalling Assisted Mining Method has been defined and presented to certain mining corporations and mining contactors seeking new ways to reduce costs, reduce dilution and improve stope economics.

The Company's main objective is quality and bilateral economic profitability by working collaboratively with its potential clients. Well before committing to a service contract, the Company will take the necessary steps to fully understand the type of deposit. This structured approach will allow the Company to provide turn-key solutions to its clients with the goal of generating positive cash-flow from its service activities.

In November 2022, despite very encouraging results obtained by Labyrinth Resources Canada Ltd. ("Labyrinth") during their 2022 exploration campaign, G.E.T.T. Gold and Labyrinth were constrained to renegotiate the payment terms of the final tranche pertaining to the transaction between the parties. G.E.T.T. Gold will now receive a partial payment on April 30th and final payment September 29th, 2023. Furthermore, G.E.T.T. Gold obtained additional compensation in the form of interest on the cash portion due and also on the equivalent cash value of 450 ounces of gold. G.E.T.T. Gold will also obtain a first rank lien on the projects once the properties transferred to Labyrinth. This security in the form of a lien in favor of G.E.T.T. Gold has been agreed to and will be valid until 48 months after Labyrinth starts a profitable gold producing operation.

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G.E.T.T Gold Inc.

Management's Discussion and Analysis

For the six-month period ended March 31, 2023

Development of the Labyrinth Gold Project (Rocmec 1)

As part of the transaction with Labyrinth in 2022, the Company has been granted a right of access to the Labyrinth Gold Project (Rocmec 1) and its infrastructure for a period of 48 months and defined a collaboration in the activities to continue its efforts to continuously develop its thermal technology. This agreement will allow the Company to either showcase its technology to its customers or to maintain access to an underground laboratory to test in situ the improvements recently acquired from its distributor in South Africa.

Since the transaction with Labyrinth in 2022, the Company has not conducted any thermal fragmentation activities at Labyrinth Gold Project (Rocmec 1). For the near future, Management does not plan on using Labyrinth's facilities to conduct thermal trials. If deemed advantageous to G.E.T.T. Gold, management will restart discussions once Labyrinth rehabilitates the operation that was partially flooded during the fall of 2022 following the underground exploration campaign of 2022.

On September 27, 2022, Labyrinth Resources announced an initial Inferred Mineral Resource of 3 Mt @ 5.0 g/t Au for 500,000 oz at its Labyrinth Gold Project in Quebec, Canada (Rocmec 1). Labyrinth rapidly progressed ~7,800m of underground and surface diamond drilling to facilitate the conversion of the Project's foreign estimate (reported under NI 43-101 in 2010) into a Mineral Resource reported in accordance with the JORC Code (2012). The Inferred Mineral Resource includes mineralization within five lodes: Boucher, McDowell, Talus, Shaft and Front West. In addition to the known mineralization, there is also immense potential to grow the Mineral Resource given that the key lodes remain open along strike and at depth.

Following these excellent results, Labyrinth is preparing the 2023 diamond drill campaign with the goal of increasing confidence in the resource and obtaining the essential and minimum data to start a potential PEA (Preliminary Economic Assessment study) hopefully before mid-2024.

Mining properties

Following the sale of Rocmec 1 and Denain mining properties on November 8, 2021, the Company now holds one mining property, named Courville. The Courville property is at the exploration stage. No work was conducted on the property in 2022 and up to now in 2023. The Company will also seek to acquire assets that are amenable to its exclusive and patented thermal fragmentation mining method.

The Company still holds the mining titles for the Rocmec 1 and Denain properties. The Company will retain titles on the properties until the buyer has paid the final installment for which the latest is to be received in the second quarter of calendar 2023.

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GETT Gold Inc. published this content on 30 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2023 16:48:28 UTC.