Evolving Exploration

V A L U E T H R O U G H D I S C O V E R Y

Metals Investor ForumJanuary 19-20, 2018

Focus on key mineral belts in western North America

• Strategic partnerships with majors deploys their capital and technology during early higher-risk/cost exploration stage

• Lower capital intensity, less dilution• Risk distributed over a portfolio of assets vs

single asset risk• Allows Evrim to focus on its core competence areas• Maximizes return on investment for shareholders

through multiple future royalty streams and other ROIs

Sierra Madre Occidental,Mexico (gold and silver)

Golden TriangleBritish Columbia (copper and gold)

South Central BCBritish Columbia (copper and gold)

Laramide Porphyry BeltNorthwest Mexico and Arizona (copper and gold)

Prospect Generator Benefits

1 new discovery, 5 active joint ventures

1 regional alliance + generative exploration

More than 30,000 metres of drilling planned by our partners in 2018

Exploration Partnerships

E R M I T A Ñ OCommodity: Au & Ag low sulphidation epithermal

veining

Location: Sonora, Mexico

Size: 165 km2

Status: Optioned to First Majestic

Stage: Advancing Discovery

Ermitaño consists of 165 km2 of contiguous mineral tenure located approximately 145 km fromHermosillo and immediately adjacent to First Majestic's Santa Elena gold-silver mine in Sonora,Mexico. Access to the property is by paved highway and secondary roads. Ermitaño is held 100%by Evrim subject to an underlying third party net smelter royalty of 2%. Drilling at the ErmitañoWest prospect, located about 3.5 kilometres southeast of the operating Santa Elena mine byEvrim's exploration partner First Majestic Silver continues to advance the exceptional value of thegold-rich mineralization. A ten-hole, 3,156 metre diamond drill program was completed in 2017and a drill program comprising at least 10,000 metres is planned for 2018.

EXPLORATION:

• Among the highlights reported of the first four holes atErmitaño West was drill hole EW16-04, grading 11.4 g/t goldand 86 g/t silver over 18.0 metres, including 3.3 metresgrading 34.6 g/t gold and 242 g/t silver.

• Results indicate a classic epithermal pattern with low goldand silver grades at surface, increasing at depth toeconomic grades where textures indicated a boilingenvironment within the vein.

Royalties - Mexican Base and Precious Metals

Ermitaño RoyaltyFive-year agreement with First Majestic Silver Corp. wherebyFirst Majestic can earn a 100% interest in Ermitaño by payingUS$75,000 upon signing the Agreement (paid) and US$50,000each anniversary thereafter, completing a minimum ofUS$500,000 in exploration expenditures in the first year, anddelivering a Production Notice specifying mine and constructionplans with accompanying permits.

Cumobabi RoyaltyFive-year agreement with First Majestic Silver Corp. wherebyFirst Majestic can earn a 100% interest in Cumobabi by payingUS$75,000 upon signing the Agreement and US$50,000 eachanniversary thereafter, completing a minimum of US$500,000in exploration expenditures by the second anniversary, anddelivering a Production Notice specifying mine and constructionplans with accompanying permits.

Exploration Partnerships

C U M O B A B ICommodity: Cu-Mo-Au-Ag

Location: Sonora, Mexico

Size: 240 km2

Status: Optioned to First Majestic

Stage: Drill Stage

Cumobabi consists of 240 km2 of contiguous mineral tenure located 130km north east ofHermosillo, the capital of Sonora State, Mexico, and only 60 km south west of the smelter atNacozari. The property is held 100% by Evrim subject to a 2% NSR. Cumobabi is within the Sonoraporphyry Cu-Mo belt, host to the world class Cananea and La Caridad porphyry deposits. FirstMajestic Silver, Evrim’s exploration partner, is in the process of a 7,000 metre drilling program. Theproperty comprises three known target areas which have seen little systematic exploration despiteevidence of porphyry mineralization and alteration. Cumobabi is held 100% by Evrim and is subjectto a 2% NSR. MORE INFO

EXPLORATION:• El Chileno Target - Extensive km-scale phyllic alteration halo

with local potassic alteration of a quartz feldspar porphyry.• Jurahui Target - Covers 10 km2 area of coincident copper &

molybdenum in stream sediment geochemistry, magneticlow signature and clay/iron oxide alteration.

• Potreritos - Cu and Ag mineralization is associated withquartz tournmaline breccia developed within phyllic andpotassically altered granodiorite.

B A L L C R E E KCommodity: Cu-Au-Ag±Mo porphyry, Au-Ag epithermal

Location: British Columbia, Canada

Size: 524 km2

Status: Optioned to Antofagasta PLC

Stage: Geophysical Survey, Geological Mapping and Prospecting for Drilling

Ball Creek is situated in a favourable structural and stratigraphic setting within NW B.C.’sproductive Golden Triangle. It is prospective for copper-gold porphyry and epithermal gold-silverdeposits and hosts multiple mineral centres. Moderate topography located only 8 km west of Hwy37 and the 287 kV Northwest Transmission Line. The 524 km2 land package hosting several copperand gold systems remains significantly underexplored with high quality data from historicexploration programs. Antofagasta has drilled approximately 1,500 metres in 2017 and results arepending. MORE INFO >

EXPLORATION:

• Recent work by the BCGS has identified the Eskay Rift andthe Jurassic unconformity as possible regional-scale controlson significant gold and copper mineralized systems.

• Several porphyry copper-gold and epithermal gold systemsare in close proximity including the Ball Creek prospects,Mess Zone, and North Rainbow porphyry prospect and theRojo Grande epithermal prospect.

Exploration Partnerships

C E R R O C A S C A R O NCommodity: High grade Au-Ag epithermal vein

Location: Chihuahua, Mexico

Size: 69 km2

Status: Optioned to Harvest Gold Corporation

Stage: Geological Mapping, Geophysical Survey, and Prospecting for Drilling

Cerro Cascaron is a 69 km2, low to intermediate sulphidation, epithermal gold bearing system inthe Sierra Madre Occidental of Chihuahua, Mexico, ~55 km southeast of Goldcorp's El Sauzal goldmine. At the eastern segment of the property lies a high-grade gold vein field spanning approx 18km2. Veining has been mapped over 900 vertical metres, with classic textural evidence ofhydrothermal boiling accompanying the highest gold grades. Boiling zone has been established inthe upper 380 metres of the vein field. Beneath the boiling zones, silver and base metal rich veinsand breccias provide additional exploration targets. The property also contains a substantial silverrich breccia target (La Cascarita) located 5 km west of the currently defined gold field. MORE INFO

EXPLORATION:

• In November 2017 Harvest Gold completed the first phaseexploration program confirming the project’s district-scalepotential. Soil sampling extended all veins by 600-1,800metres in strike length; two new vein corridors weredefined within the Cascaron vein field totaling 16 veins; anda 1.8 km long, gold-in-soil vein corridor was defined, northand east of Julieta and Serpiente Dorada.

• Approximately 3,000 metres of drilling is expected in 2018.

A X ECommodity: Cu±Au porphyry

Location: British Columbia, Canada

Size: 50 km2

Status: Optioned to Antofagasta PLC

Stage: Geophysical Survey, Geological Mapping and Prospecting for Drilling

Axe is a 50 km2 drill ready copper-gold target located in the Quesnel terrane of south-centralBritish Columbia, a well-known metallogenic belt that is host to such mines as Highland Valley,New Afton and Copper Mountain. The property has an extensive porphyry system comprising fourknown porphyry centres and newly defined drill targets at the West, Mid, South and 1516 zones. InDecember 2017, Evrim signed an agreement with a wholly-owned subsidiary of Antofagasta plc forthe project whereby Antofagasta can acquire a 70% interest in the Axe property by incurringUS$50 million in exploration expenditures, making cash payments of US$800,000, and completinga NI 43-101 compliant Preliminary Economic Analysis over a ten year period. MORE INFO

EXPLORATION :• For 2018 a drill targeting program of 2,400 metres of core

and 1,000 metres of reverse circulation is expected.• In July 2017, Evrim completed an extensive data review

including detailed logging of over 5,000 metres of historicdrill core, reprocessing of geophysical data, and digitizingold records. Drilling by previous operators returnedintersections including 124.5 metres of 0.35% Cu and 0.22g/t Au in drill hole A07-08, including 10.5 metres of 1.55%Cu and 0.94 g/t Au at the West Zone.

Exploration Partnerships

N E W M O N T P A R T N E R S H I P

Commodity: Gold

Location: Undisclosed

Size: N/A

Status: Alliance with Newmont

Stage: Greenfield exploration ongoing

Exploration Expenditures2011-2017 YTD $22 million

PartnerFunding

$17.25M

EVM Funding$4.75M

80%Partner Funding

• Two-year $1.84 million exploration alliance signed in July 2017• Newmont may option each project of merit by solely funding

exploration for 10+ years until a NI 43-101 pre-feasibility study isdefined on resources >2 million oz gold and cash payments.

• A 20:80 JV (Evrim/Newmont) will be formed with Evrim as theoperator for first $5 million in exploration expenditures.

• Evrim may convert its equity interest in each project for 2% NSR,with 0.5% buy downs up ranging from $5 million to $10 million.

More than $7 million and 20,000 metres of drilling planned by our partners in 2018

Second greenfield exploration alliance with Newmont since Trans-Mexican Volcanic Belt program in 2012

Available for Option

L L A N O D E L N O G A LCommodity: Cu±Mo±Au porphyry, Au-Ag epithermal

Location: Sonora, Mexico

Size: 104 km2

Status: Available for Option

Stage: Geophysical Survey, Geological Mapping and Prospecting for Drilling

S A R A P ECommodity: Au-Ag epithermal vein

Location: Sonora, Mexico

Size: 57 km2

Status: Available for Option

Stage: Geological Mapping and Prospecting for Drilling

One of the few major copper porphyry targets within the Cananea – La Caridad porphyry copperbelt that remains undrilled. No detailed systematic exploration has been carried out. Windows ofCretaceous volcanic rocks cut by Laramide-aged intrusions, favourable erosional level for systemsin pre-mineral rocks and beneath post-mineral cover. Porphyry-style alteration, hydrothermalbreccias and copper mineralization mapped. Geologic setting permissive for epithermal deposits;series of high-level epithermal style vein systems with substantial strike lengths have beendelineated and have returned significant gold and silver values. MORE INFO >

EXPLORATION:

• Extensive, strong alteration system exposed over some 25km2 indicates a large hydrothermal system. Airbornemagnetics show potentially favourable porphyry targets. 3NE-striking epithermal vein systems returned values incl 253g/tAg & 0.98 g/t Au with anomalous epithermal pathfinders.

• Evrim has identified Laramide intrusions and quartz-sericite-altered hydrothermal breccias associated with coppermineralization in host andesites.

Sarape is a 57 km2 early stage exploration property prospective for epithermal gold-silverdeposits situated in Mexico's Rio Sonora valley. The acquisition of Sarape is a key addition toEvrim's portfolio in Mexico that was identified and staked as part of the Company's generativeprogram. Sarape is a large land package with a geological and structural setting comparable to thatof the significant deposits and mines in the district. The claims are owned 100% by Evrim with nounderlying royalties. Sarape is located near excellent infrastructure with roads and power crossingthe property. MORE INFO >

EXPLORATION:

• Phase 1 exploration has defined two major veins: theSarape vein, a northwest trending vein measuring 6.0 km inlength and up to 12.0 m in width, and the Chiltepin vein, awest trending vein measuring 2.6 km in length and up to 3.0metres in width. Both veins are located either side of aLaramide age horst block.

• Systematic channel sampling reveals the western portion ofboth veins contain barren white quartz and calcite veins.

Available for Option

C U A L ECommodity: High sulphidation epithermal Au-Ag

Location: Jalisco, Mexico

Size: 97 km2

Status: Available for Option

Stage: Geological Mapping and Prospecting for Drilling

Cuale is a 97 km2 early stage exploration property prospective for high sulphidation epithermalgold-silver, located 185 km west of Guadalajara in the Cordillera Madre del Sur. Cuale wasidentified and staked under the Callinan Royalties Generative Alliance (now owned by AltiusMinerals). Evrim acquired full title of the project in November 2017 subject to a 1.5% NSR forprecious metals and 1.0% NSR for base metals to Altius Minerals. The property is located withinthe Talpa de Allende area of Jalisco near Agnico Eagle Mines' Barqueño Au-Ag project andEndeavour Silver’s Ag-Au Terronera project. The area is close to infrastructure with roads andpowerlines crossing the property. MORE INFO >

EXPLORATION:

• An initial program of rock chip and soil sampling in late fall2017 outlined a 500 metre by 250 metre zone of goldmineralization with all seven samples ranging from 0.19 to4.56 g/t gold.

• In January 2018 Evrim completed the project’s initialexploration program to define the extent of the La Gloriahigh sulphidation prospect.

Insider ownership 11.00%

Altius Minerals 17.50%

Adrian Day Asset Mgmt. 17.50%

Sprott/Global Resource Ltd Partnership

~10.0%

Share Information

Shares

Total outstanding as at (09-30-17) 65,645,542

Options 100,000 @ $0.18 5,825,000 @ $0.25 (5 years) 5,925,000

Warrants 20,312,084

Total with dilution 91,882,626

Working Capital $3.0 million

Current est. burn rate (including exploration and project acquisition costs)

$170,000

Contact: Paddy Nicol - President & CEO, Charles Funk – VP, New Opportunities & Exploration: info@evrimresources.com