Engineer Gold Mines Ltd.

“Engineer Mine” (original painting by Jeff Wilson)

EAU:TSX-V

Photo: Dorion(2019) July 3, 2020

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Mission Statement:

Engineer Gold Mines Ltd. is rediscovering the Atlin Gold Rush by proceedingwith a high-grade bulk sample to fund project wide exploration in similargeological characteristics that host multi-million ounce mines

Opportunity:

Coming into a burgeoning gold market, a select group of investors have theopportunity to partake in the company’s current private placement offeringat “seed-level” prices at $0.06 with a half warrant at $0.12, limited to just$800,000

This financing will allow the company to initiate bulk sampling activities asmanagement considers several larger financing options to fully fund(~$2.5M) bulk sample operations

The company has a tight capital structure (38.7M shares issued; 20% ownedby insiders; 56.6M shares fully diluted)

Redefining British Columbia’s “Golden Triangle”

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Company Highlights:

• The 100% owned, 14,020 ha property located near Atlin, BC includes the Engineer Gold Mine with an operational 30tpdmill situated on crown grants where management anticipates proceeding with a 5,000 tonne bulk sample

• The Engineer Gold Mine produced 18,000 ounces gold and 9,000 ounces silver averaging 39 g/t Au and 18 g/t Ag,respectively, primarily from 2 veins between 1912 and 1927 from 8 mine levels

• Management is focused on utilizing the anticipated high-grade bulk sample (mine grade of +1oz per tonne) to fundexploration, targeting a potential multimillion-ounce gold resource

• Exploration will focus on:▪ Engineer Mine

• Selected grab samples on 5, 6 and 7 Level assayed 44,142 g/t gold, 12,720 g/t gold and 3,180 g/t goldrespectively

• Dewatered to 8 level in 2019 where samples assayed 547 g/t gold and 419 g/t silver▪ Wann River, 4km S of Engineer Mine – Discovery Trench historic samples 83351 & 83352 assayed 263g/t gold, 1360

g/t silver, 4.15% copper and 3.46% lead & 256 g/t gold, 1,200 g/t silver, 2.75% copper, 4.45% lead and 1.36% zinc▪ Happy Sullivan, 3km NW of Engineer - historic samples returned 3,257 g/t gold & 847 g/t gold with 479 g/t silver

• Engineer’s holdings are within the historic Atlin Gold Rush district with recorded placer gold production in excess of600,000 oz (government records). The property has a storied history with fractured ownership that over a 15-year periodhas been consolidated by Engineer’s team into a project with near-term production and significant untapped potential

.

ENGINEER GOLDMines Ltd.

EAU:TSX-V

1899 1912-1927

1960-1980

2006-2017

Q12018

Q32018

Q1-Q32019

Q2-Q42019

Q3-Q42020

Q3-Q42020

Engineer Gold Mine PropertyExploration and Development Timeline

ENGINEER GOLDMines Ltd.

EAU:TSX-V

2020-2021 Proposed Program $2.5M Funded from bulk sampling activities

• Commence bulk sample in 5 and 6 Levels including the Double Decker, Engineer, and Jersey Lilly Veins

• Continue exploring proximal and distal targets to the historic Engineer Mine using surface and underground diamonddrilling techniques• 3000 meter program• Double Decker Vein extensions at strike and depth• Engineer Vein – Boulder-Governor Vein relationship• Shear A-B junction (BC Anomaly)• Intrusion-related gold mineralization at Engineer

• Regional reconnaissance• Prospecting and geological mapping• Geochemical sampling• Includes exploration of 16 documented mineral showings within the property boundary

• Ground-based magnetic geophysical surveys and complete updated 3D Model (Leapfrog)

The Property:

• The Engineer Gold Mine Property is centred on an underexplored low-sulphidation style epithermal goldsilver deposit that shares similar geological characteristics as (NI43-101; O'Brien et al., 2018):

• Cripple Creek Mine – Colorado (27M oz Au)• Emperor Mine - Fiji (7M oz Au)• Midas Mine, Nevada (2.2M oz Au). (L.J. Millonig et.al. 2015, 2016)

• 14,020 hectare property with >$7M past expenditures in the last 13 years

• The Engineer Gold Mine produced 18,000 ounces gold and 9,000 ounces silver averaging 39 g/t Au and 18g/t Ag, respectively, primarily from 2 veins between 1912 and 1927 from 8 mine levels (NI43-101; O'Brien etal., 2018)

• Coarse gold and silver mineralization primarily occurs as electrum in quartz veins, intimately associated witha vanadium mica referred to by some as roscoelite

ENGINEER GOLDMines Ltd.

EAU:TSX-V

ENGINEER GOLDMines Ltd.

EAU:TSX-V

2018 Technical Report & Resource Estimate Highlights:

• 2018 NI 43-101 Technical Report with stated Inferred Resource that includes 20,100 oz. gold grading 1.75oz/ton gold (60 g/t) in 10,400 tonnes at 25 g/t Au Cut off in the Engineer Vein*.

• 2-Phase, $6.2 million exploration and development program recommended, focusing on mineral resourceexpansion, metallurgical test-work, and bulk sampling.

*Engineer Gold Mine NI 43-101 Technical Report by D.O’Brien, P.Geo., M. Redfearn, P.Eng. and Dr. S. Dominy, FAusIMM(CP), FGS(CGeol) dated May 9, 2018

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Engineer Vein Resource

2011 Bulk Sample Grades and Exploration Targets

*The ranges for the explorationtargets showing potential quantityand grade are conceptual in nature,there has been insufficientexploration to define a mineralresource and it is uncertain if furtherexploration will result the targetbeing delineated as mineral resourceand the basis for the potentialquantity and grade has beendetermined by drilling andunderground workings

ENGINEER GOLDMines Ltd.

EAU:TSX-V

• 100% owned Historic high- gradeEngineer Gold Mine Property situated33 km west of Atlin, B.C.

• Access by float/ski-equipped plane,helicopter, boat and barge

• Historic gold mine situated on crowngrants

• 14,020 hectare property with >$7M pastexpenditures in the last 13 years

Location

ENGINEER GOLDMines Ltd.

EAU:TSX-V

The Historic Engineer Mine

• 5,500m of underground development • 5th level portal access with rail

• 2 styles of gold mineralization:• Narrow, high grade (0.3-3m, >35g/t Au)• Broad, low grade shear structures with hydrothermal breccias (0.45g/t Au over 34m)

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Mill Complex

Fully functional, permitted 30tpd gravity separation mill on site

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Engineer Gold Mine Camp

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Wann RiverHigh Grade Discovery Trench along Tagish Lake

Historic selected grab samples includes:

- 8.46 oz/t Gold

- 43.4 oz/t Silver

- 4.15% Copper

- 4.75% Lead

- 1.94% Zinc

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Why Invest in Engineer Gold Mines?

• Near-term bulk sample

• Operational 30 tpd mill onsite

• 100% owned historic and under-explored, high-grade Engineer Gold Mine Property shares similar geologicalcharacteristics as the Cripple Creek Mine – Colorado (27M oz Au), the Emperor Mine - Fiji (7M oz Au) andthe Midas Mine, Nevada (2.2M oz Au). (L.J. Millonig et.al. 2015, 2016)

• Numerous untested high-grade and lower-grade bulk-tonnage gold exploration targets

• Project wide exploration in progress

• Tight share structure - 38.7M shares issued; 20% owned by insiders; 56.6M shares fully diluted

ENGINEER GOLDMines Ltd.

EAU:TSX-V

Corporate Information

Management & Board of Directors

Thomas Kennedy, B.Comm., J.D. – CEO and DirectorAndrew H. Rees, B.Comm. – DirectorGlen Macdonald, P.Geo. – DirectorDale Dobson, CPA, CGA - CFO

TSX.V: EAU – 38.7M shares issued

Suite 804, 750 West Pender Street Vancouver, BC, CAN, V6C 2T7 www.engineergoldmines.com

For expressions of interest in the company’s private placement financing please contact company director: Andrew H. Rees at 604-505-3739

ENGINEER GOLDMines Ltd.

EAU:TSX-V CAUTIONARY STATEMENTThis presentation does not constitute an offer to sell or solicitation of an offer to buy securities of Engineer Gold Mines Ltd.Mr. Scott Dorion, P.Geo., a Qualified Person as defined by National Instrument 43-101, has read and approved the disclosure ofthe technical data herein.

FORWARD LOOKING STATEMENTS

This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of thispresentation and Engineer Gold Mines Ltd. does not intend, and does not assume any obligation to update these forward-looking statements.

Forward-looking statements include, but are not limited to statements with respect to the timing and amount of estimatedfuture exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital andaccess to data.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actualresults, performance or achievements of the company to be materially different from any future results, performance,achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related toactual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability toenter into joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labordisputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals.