TSX : AUG OTCQX : GGTCF · TSX : AUG | OTCQX : GGTCF! RESOURCES Disclaimer This document has been prepared by Auryn Resources Inc. (the “Company”) solely for informational purposes

TSX : AUG OTCQX : GGTCF!!

Discovering World Class Gold Deposits

January 2017

TSX : AUG | OTCQX : GGTCF!

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Disclaimer

This document has been prepared by Auryn Resources Inc. (the “Company”) solely for informational purposes. This presentation (the “Presentation”) is the sole responsibility of the Company. Information contained herein does not purport to be complete and is subject to certain qualifications and assumptions and should not be relied upon for the purposes of making an investment in the securities or entering into any transaction. The information and opinions contained in the presentation are provided as at the date of this presentation and are subject to change without notice and, in furnishing the presentation, the Company does not undertake or agree to any obligation to provide recipients with access to any additional information or to update or correct the presentation.

No securities commission or similar regulatory authority has passed on the merits of any securities referred to in the presentation, nor has it passed on or reviewed the presentation. Cautionary note to United States investors - the information contained in the presentation uses terms that comply with reporting standards in Canada and certain estimates are made in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects (“NI 43-101”). The presentation uses the terms “other resources”, “measured”, “indicated” and “inferred” resources. United states investors are advised that, while such terms are recognized and required by Canadian securities laws, the SEC does not recognize them. Under United States standards, mineralization may not be classified as “ore” or a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. United states investors are cautioned not to assume that all or any part of measured or indicated resources will ever be converted into reserves. Further, “inferred resources” have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. It cannot be assumed that all or any part of the “inferred resources” will ever be upgraded to a higher category. Therefore, United States investors are also cautioned not to assume that all or any part of the inferred resources exist, or that they can be mined legally or economically.

Under Canadian rules, estimates of “inferred resources” may not form the basis of feasibility or pre-feasibility studies except in limited cases. Disclosure of “contained ounces” is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” as in place tonnage and grade without reference to unit measures. Accordingly, information concerning descriptions of mineralization, mineral resources and mineral reserves contained in the presentation, may not be comparable to and disclosure requirements of the SEC.

The presentation may contain "forward-looking statements". Forward-looking information is information that includes implied future performance and/or forecast information including information relating to, or associated with, exploration and or development of mineral properties. These statements or graphical information involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by such forward-looking statements.

Michael Henrichsen (Chief Operating Officer), P. Geo is the QP who assumes responsibility for the technical contents of this Presentation.

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Took an exploration discovery company to production, 2005 – 2016 (Ramping up to 450,000 ounces / year)

Sold an exploration discovery company pre-resource, 2010 – 2014(Sold for $205 million to Agnico Eagle in 2014)

Built a major exploration discovery portfolio and team, 2013 – received strategic Investment from Goldcorp ( +$35mm ) (over 55,000 meters of exploration drilling planned in 2017)

Record of Success

Our team has raised over $500 million and monetized successes in two previous companies

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Producing

Exploring

Sold

(Formerly Keegan Resources)


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The Discovery Curve = Value creation

§  Previous successes of Auryn management

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Cayden Resources – takeover May 2013 – Sep 2014

Asanko Gold - producing (Formerly Keegan Resources)

2008 – 2010

$0.67

$3.48

$0.49

$9.10


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Discovery Focused Portfolio Approach

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6 Major Projects - 2 in Canada 4 in Peru

Entire portfolio to be drilled in 2017

Significant risk mitigation

Highly experienced multidisciplinary technical team

Optionality


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Capital Structure, Ownership, Performance

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Retail 54% Management "

& Directors 18.5%

Institutional 15% Goldcorp

12.5%

Capitalization

Shares Outstanding 76,480,983*

Warrants @ $0.85 (exp. Aug. 5, 2017) 171,465

Warrants @ $0.85 (exp. Aug. 14, 2017) 67,645

Warrants @ $1.70 (exp. Sept. 16, 2017) 1,637,500

Warrants @ $1.40 (exp. May 4, 2018) 30,503

Options outstanding (avg. price $1.89) 5,163,000

Fully Diluted Shares Outstanding 83,551,096*

Treasury $44 million*

Closed $15m Bought Deal

Closed Sombrero Acquisitions

Closed Homestake Acquisition

TSX Listing

Closed Huilacollo Acquisitions

Closed Curibaya and Baños del Indio Acquisitions

$35m Goldcorp Investment @ $3.67/share CDN

*Includes estimated proceeds and shares from strategic investment from Goldcorp announced January 9, 2017


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Experienced, Balanced Management Team

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Directors !

Ivan Bebek!!Shawn Wallace!!Michael Kosowan, M.A.Sc, P.Eng!!Dan McCoy, PhD!!!!!!!!!

Management !

Ivan Bebek – Co-founder!Executive Chairman, Director!!Shawn Wallace – Co-founder!President, CEO & Director!!Michael Henrichsen, MSc!Chief Geologist!!

Peter Rees, CPA, CA!CFO and Corporate Secretary!!Russell Starr!SVP, Communications!!!!!!

Antonio Arribas, PhD, MSc!!Steve Cook, LLB!!Gordon J. Fretwell, LLB!!Keith Minty, P.Eng!!!!!!!!!


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World Class Technical Team – “Multiple Disciplines”

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Michael Henrichsen: Chief Operating Officer/ Chief Geologist !Former Global Structural Geologist Newmont!

David Smithson: VP Exploration!Former Global Mapper/ Geologist Newmont; Technical Lead at Cayden Resources!

Antonio Arribas, PhD, MSc: Director!Former Chief Geologist Newmont, Former VP Geological Sciences BHP Billiton!

Dan McCoy, PhD: Director !Former Chief Geologist at Cayden Resources and Keegan Resources!

Rael Lipson, PhD: Technical Advisor!Former Chief Exploration Geologist Gold Fields: +40 years global discovery experience!

Miles McAlister: Technical Advisor!Former Exploration & Business Development Manager for Newmont (Africa – Europe)!

Miguel Cardozo: Technical Advisor!Prominent Peruvian Exploration Specialist: credited with Yanacocha discovery!

Kim Cook: Geophysicist !Former Global Geophysicist Newmont & Anglo: regarded as world’s leading magnetics interpreter!

Mike McMillan: Research Inversions Geophysicist (CGI – UBC) !Former Global Geophysicist Newmont: regarded as world’s leading EM and IP inversions!

Nigel Radford: Geochemist !Former Chief Geochemist Newmont: +40 years of global experience!

Ralph Stea: Quaternary Geologist !Former Surficial Geologist and Geochemist with Nova Scotia Department of Natural Resources!


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Pursuing World Class Gold Discoveries

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Committee Bay, Canada"High Grade Gold!

Exploring a 300 km high-grade gold belt in Northern Canada

Currently hosts a 1.2M oz gold deposit at 8 g/t Au*

Homestake Ridge, Canada "High Grade Gold!Currently hosts a high-grade gold deposit with room for significant expansion

Excellent metallurgy and infrastructure

Sombrero, Huilacollo, "

Baños del Indio & Curibaya, Peru Scalable oxide gold, skarn and porphyry targets

Endowment * A high grade subset of the April 2013 resource using a 3.5 g/t cutoff, refer to slide 26


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Committee Bay = Multiple Major Discovery Potential

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Homestake = High Grade Advanced Exploration

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Peruvian Portfolio = Mineral Endowment Potential

Southern Peru: Epithermal gold discoveries and major copper mines §  4 multi-million ounce Au/

Ag epithermal deposits discovered in the last 15 years in epithermal belt

§  Porphyry belt hosts 4 of the largest copper porphyry deposits in Peru

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Sombrero = Major Discovery Opportunity

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Diorite intrusive

Limestone

Quaternary

Limestone

Exoskarn Cu - Au 5.88 g/t Au; 9.09%Cu 2.11g/t Au; 4.33% Cu

§  High grade gold and copper on surface §  200km West of Las Bambas (same geological belt) §  Extensive copper-gold skarn system controlled by intrusives stocks cutting

limestones

§  Ground magnetics and IP completed

* Refer to 43-101 report dated June 2010 as filed under Alturas Minerals’ Sedar profile at www.sedar.com


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Huilacollo and Baños del Indio on the same N/S Structures

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Area of previous drilling

Access to power


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Huilacollo: Limited Drilling to Date

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2017 Drill Programs – Over 55,000m to be Drilled

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Project 2017

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Homestake

Committee Bay

Sombrero

Baños del Indio

Huilacollo

Curibaya

5,000m of drilling, 1 RC rig

5,000m of drilling, 1 RC rig --------> Drilling will continue in the event of a discovery

5,000m of drilling, 1 RC rig -------> Drilling will continue in the event of a discovery

15,000m of drilling, 2 core drill rigs

25,000m of drilling, 4 RAB rigs

Pre – drilling surface results

12 months of discovery potential

Surface exploration work – drilling TBD

Pre – drilling surface results


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2017 – Major New Discoveries

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Auryn Resources “A majors exploration portfolio in a

Junior with a majors exploration team” !

To invest alongside a strategic investment by Goldcorp

A “majors” multidisciplinary technical exploration team

6 district scale projects in Canada and Peru – year round exploration

55,000 meters to be drilled across 25 targets across portfolio – where each target could be stand alone

Experience Multiple Discoveries Scalability Opportunity

Documents

TSX : AUG OTCQX : GGTCF · TSX : AUG | OTCQX : GGTCF! RESOURCES Disclaimer This document has been prepared by Auryn Resources Inc. (the “Company”) solely for informational purposes