A WELL-FUNDED QUEBEC-ONTARIO GOLD EXPLORER AND DEVELOPER

September 2016

2TSXV: PRB

Cautionary Notes

Forward Looking InformationThis presentation may include certain “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future plans and objectives of Probe Metals Inc. (“the Company”), future opportunities and anticipated goals, the business combination, the combined company’s portfolio, treasury, management team, projected capital and operating expenses, the proposed private placement with Goldcorp Inc., the timing of the business combination, timetable to permitting and production and the prospective mineralization of the properties, are forward-looking statements that involve various risks, assumptions, estimates and uncertainties. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is subject to known and unknown risks, including but not limited to: an inability to complete the business combination; general business, economic, competitive, geopolitical and social uncertainties; delays in obtaining or failures to obtain required governmental, regulatory, environmental or other required approval; the actual results of current exploration activities; acquisition risks; and other risks of the mining and resource industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. These statements reflect the current internal projections, expectations or beliefs of the Company are based on information currently available to the Company. The Company do not undertake to update any forward-looking information, except in accordance with applicable securities laws. The Company believe that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be unduly relied upon by investors as actual results may vary. Unless required to be updated pursuant to securities laws, these statements speak only as of the date of this presentation and are expressly qualified, in their entirety, by this cautionary statement.

National Instrument 43-101Technical and scientific information contained herein relating to the Projects is derived from National Instrument 43-101 (“NI 43-101”) compliant technical reports (“Reports”) Mineral Resources Val d’Or East Property dated January 4, 2013. Technical and scientific information not contained within the Report and contained in this Presentation has been reviewed and approved by Independent Qualified Persons Yann Camus and Claude Duplessis, of SGS Canada Inc., whom are independent “qualified person” under NI 43-101. The Technical Report is available for revision on SEDAR at www.SEDAR.com under the Company’s profile. This Presentation uses the terms “indicated resources” and “inferred resources”. Although these terms are recognized and required by Canadian regulations (under NI 43-101), the United States Securities and Exchange Commission does not recognize them. Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. There is no guarantee that all or any part of the mineral resource will be converted into mineral reserves. In addition, “inferred resources” have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre feasibility studies, or economic studies, except for a Preliminary Assessment as defined under NI 43-101. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.

CurrencyUnless otherwise indicated, all dollar values herein are in Canadian $.

3TSXV: PRB

EXISTING GOLD RESOURCE WITH EXPLORATION UPSIDE Val d’Or East Project Initial NI 43-101 resource estimate1: 770koz Au @ 2.63 g/t Inferred

EXCELLENT FINANCIAL POSITION Cash position over $30 million

EXPLORATION PROGRAMS UNDERWAY Active drill programs at Val-d’Or East & Detour Quebec projects

ATTRACTIVE UPSIDE POTENTIAL: NEW DISCOVERIES Strategic land position within some of the most prolific gold belts in Ontario and Quebec: Val d’Or, West Timmins, Casa-Berardi and Detour Quebec

PROVEN TRACK RECORD of delivering shareholder value through mineral discovery and project development as evidenced by the sale of the Borden Gold Project for $526 million to Goldcorp in March 2015

STRONG JOINT VENTURE PARTNERS Agnico Eagle, Tahoe & SOQUEM

STRATEGIC INVESTOR Goldcorp, a global senior gold producer

Investment HighlightsA Leading Canadian Gold Explorer and Developer

(1) Source: NI 43-101 technical report Mineral Resources Val-d’Or East Gold Project, January 2013

Jamie SokalskyChairman Currently, Director of Agnico Eagle Mines, Royal Gold and

Pengrowth Energy Former President & CEO of Barrick Gold Corporation (2012-2014) Former CFO of Barrick Gold Corporation (1999 to 2012)

Yves DessureaultChief Operating Officer Former COO of Probe Mines (2014-2015) Has over 25 years of experience in Operations, Project Evaluation

& Mine Development Former mining executive at BBA, Rio Tinto and Hatch

Management

Patrick LangloisVice President, Corporate Development Former Vice President of Probe Mines (2012 to 2015) Has over 15 years of experience in Corporate Development,

Venture Capital & Investment Banking

Gord McCrearyDirector Former Director of Probe Mines (2012 to 2015) Former CEO of Baffinland Iron Mines Founding officer of Kinross Gold

Basil HaymannDirector Former Director of Probe Mines (2013 to 2015) Entrepreneur, currently Chairman of FabriTec Structures LLC Has 50 plus years of experience founding and taking companies

to top levels of success in their industries

Dennis PetersonDirector Former Director of Probe Mines (2001 to 2015) Founder of Peterson, and Company LLP Has 20 years of experience as a corporate securities lawyer

specializing in corporate finance matters for small cap companies

DirectorsDavid PalmerPresident, Chief Executive Officer & Director Former President & CEO of Probe Mines (2003 to 2015) 2015 – PDAC Bill Dennis Award for a Canadian Mineral Discovery 2015 – Northern Miner Mining Person of the Year 2014 – Prospector of the Year – Ontario 2014 - CIM A.O. Dufresne Exploration Achievement Award

4TSXV: PRB

Marco GagnonExecutive Vice President & Director Former President & CEO of Adventure Gold Has over 25 years of experience in Project Acquisition, Exploration

and Mine Development Former senior geologist with Inmet Mining and Barrick Gold

The Probe TeamTrack record of delivering shareholder value

Capital Structure & Financial Information……………………………….

Probe Metals Inc. Symbol: PRB

Listed Exchange Toronto Venture

Market capitalization $162.0 million

Shares outstanding (basic) 85.3 million

Shares outstanding (fully diluted) 99.4 million

Cash Balance over $30.0 million

52 week trading range $1.94 - $0.33

Recent Price (09/08/16) $1.90

Top Shareholders

Goldcorp Inc AGF Investments Caisse de Depot Picton Mahoney Windermere Capital

Sprott Asset Management U.S. Global Investors Libra Advisors J Zechner

Associates SIDEX

Management & Directors own approx. 6%

Analyst Coverage

Macquarie Capital Markets Michael Gray

PearTree Securities Eric Lemieux

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Portfolio of High Quality Gold AssetsQuebec and Ontario focus

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Val-d’Or East ProjectFlagship Asset with Exploration Potential

Proximity to existing infrastructures (road, electricity, Val-d’Or, regional airport, railroad)

Initial NI 43-101 resource estimate(1): Inferred, 770koz Au @ 2.6 g/t (330koz Au @ 2.4 g/t Au in-pit and 394koz Au @ 3.1 g/t Au in underground bulk mining)

Site of former UG Béliveaumine operated by Cambior from 1989-1993 (more than 170koz produced @ 3.15g/t)

(1) Source: NI 43-101 technical report Mineral Resources Val-d’Or East Gold Project, January 2013

TSXV: PRB

Thick, high-grade gold mineralization

Drilling highlights: - 12.9 g/t Au over 8.0m- 10.4 g/t Au over 10.0m- 7.1 g/t Au over 11.1m- 5.4 g/t Au over 20.0m- 4.8 g/t Au over 33.1m

Lapaska Project also has interesting drill results:

- 7.7 g/t over 12.1m - 14.7 g/t over 3.3m- 10.3 g/t over 3.8m- 7.4 g/t over 11.8m

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Val-d’Or East ProjectRegional Geology

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Val-d’Or East ProjectMineral Resource Estimate

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(1) Source: NI 43-101 technical report Mineral Resources Val-d’Or East Gold Project, January 2013

Exploration program underway which includes 10,000 metres of drilling, property-scale geophysical surveys as well as mechanical stripping and sampling

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Val-d’Or East ProjectDrilling Highlights

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Highlight drill intercepts: 12.9 g/t Au over 8.0m 10.4 g/t Au over 10.0m 7.1 g/t Au over 11.1m 5.4 g/t Au over 20.0m 4.8 g/t Au over 33.1m

2015 Surface trenching highlights: 6.4 g/t Au over 19.7m 4.6 g/t Au over 25.7m 7.6 g/t Au over 13.9m 3.2 g/t Au over 18.5m 1.6 g/t Au over 47.7m

High-grade gold intersections, potential to expand the

mineral resources

11TSXV: PRB

Second largest land package associated with the Detour Gold Trend; Land package of 493 km2

Geophysical surveys and geological compilation has outlined gold mineralization and several targets

Detour Quebec East and North Blocks 100%-owned

Detour Quebec: Option to SOQUEM in 2015 - $4 million over 4 years for 50%

Detour Quebec ProjectAn Emerging District-Potential Exploration Camp

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Detour Quebec Project

TSXV: PRB

Discovery hole MA-16-05 is located 12 km east of Detour Gold Corporation’s recent high-grade gold discovery

Phase II exploration program has commenced consisting of approx. 3,000 metres of drilling

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Acquisition of Ivanhoe, Ross and West Porcupine properties in H1-2016

Land package of over 180km2

located between Goldcorp’s Borden Gold project and Timmins

Project covers a 25km of Archean greenstone that contains the interpreted western extension of the Porcupine-Destor Fault Zone

Previous exploration work and drilling has identified at least two distinctive zones of high-grade gold mineralization and several prospective gold targets

Highly prospective geology in an under-explored area

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REGIONAL GEOLOGY

West Porcupine ProjectUnderexplored Land Package of 180km2

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(1) Source: NI 43-101 technical report Mineral Resources Val-d’Or East Gold Project, January 2013

VAL-D’OREAST

DETOUREAST & NORTH

DETOURQUEBEC

WESTPORCUPINE

TIMMINSWEST

DUBUISSONCASA-

CAMERON

Location Val-d’Or,Quebec Quebec Quebec Timmins,

OntarioTimmins,Ontario

Val-d’Or,Quebec Quebec

Ownership 100% 100% SOQUEM option to acquire 50% 100% 50%

(50% Tahoe)47%

(53% AEM) 100%

Size 91 km2 207 km2 286 km2 180 km2 2 km2 8 km2 184 km2

Description 770 koz@ 2.6 g/t (1)

Underexplored area

Phase II drill program underway

Underexplored area

Contiguous to Tahoe’s new discoveries

Historical resources

Well known gold camp

HighlightsObjective to expand existing resource. Upside for further

discovery

10 km along-trend from Lower Detour high-grade discovery

Exploration Upside

Potential Extension of

Zone 144

Contiguous with Goldex

Exploration Upside

Strategic Land PositionWithin some of the most prolific gold belts in Ontario and Quebec

15TSXV: PRB

A Leading Canadian Gold Explorer and Developer

EXISTING GOLD RESOURCE WITH EXPLORATION UPSIDE Val d’Or East Project Initial NI 43-101 resource estimate: 770koz Au @ 2.63 g/t Inferred

EXCELLENT FINANCIAL POSITION Cash position over $30 million

EXPLORATION PROGRAMS UNDERWAY Active drill programs at Val-d’Or East & Detour Quebec projects

ATTRACTIVE UPSIDE POTENTIAL: NEW DISCOVERIES Strategic land position within some of the most prolific gold belts in Ontario and Quebec: Val d’Or, West Timmins, Casa-Berardi and Detour Quebec

PROVEN TRACK RECORD of delivering shareholder value through mineral discovery and project development as evidenced by the sale of the Borden Gold Project for $526 million to Goldcorp in March 2015

STRONG JOINT VENTURE PARTNERS Agnico Eagle, Tahoe & SOQUEM

STRATEGIC INVESTOR Goldcorp, a global senior gold producer

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Strong Financial Positioning

Basic Market Capitalization (C$mm)1

Net Cash (C$mm)1

$295$262

$221 $217

$98 $96 $90 $84 $60 $50

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(1) As of June 7, 2016

Corporate Office56 Temperance Street, Suite 1000

Toronto, OntarioM5H 3V5

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THANK YOU

Acquired the Borden Lake Gold Project in 2010 and made initial grass roots discovery of gold mineralization

Progressed project through four resource estimates in four years

Funded five years of exploration activity through a series of well timed institutional and strategic private placements and the sale of a non core royalty interest

Consolidated land interests in Borden district in 2014

Executed sale of business to Goldcorp in 2015 for C$526m or C$5.00 / share

Significant Research Analyst CoverageSuccessful Financing Track Record – C$99 million

Leading Institutional & Strategic InvestorsKey Milestones

2011

2012

2013

2014

• C$25mm Private Placement – C$1.35 / unit• C$15mm Flow Through Private Placement – C$2.45 / FT share

• Sale of the Goldex Royalty to Agnico Eagle for C$18mm

• C$15mm Private Placement with Agnico Eagle – C$2.00 / FT share

• C$26mm Private Placement with Goldcorp – C$3.10 / FT share

2015 • Sale to Goldcorp for C$526mm – C$5.00 / share

Probe Mines’ Track RecordCreating Value Through Exploration and Project Development

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Volume Price Gold Price (Indexed)

Acquires the Borden Lake Gold Project

Announces Gold Discovery on Borden

Announces Private Placement of C$25mm

Announces Initial Resource Estimate with Indicated Resource of 11.6 mmt at 0.8 g/t Au for 305 kozs Au and Inferred Resource of 169.3 mmt at 0.69 g/t Au for 3.8 mmozs

Announces Positive Preliminary Metallurgical Results

Announces C$15 mm Bought Deal

Announces 44% Increase in Global Resource Estimate and New Pit-Constrained

Announces Updated Resource Estimate with 3.7 mmozs Indicated Au at 1.02 g/t Au and 625 kozs Inferred Au at 1.08 g/t Au

Announces C$15 mm Private Placement

Announces Investment by Agnico Eagle

Completes C$26 mm Flow-Through Private Placement

Appoints Jamie Sokalsky as Director and Chairman

Consolidates 100% Ownership of Borden

Announces Acquisition by Goldcorp

Announces UG Resource Estimate of 1.6 mmozs Au Inferred at 4.37 g/t, OP Resource Estimate of 2.3 mmozs Indicated Au at 1.03 g/t

HBZ Discovery 51 m at 10.3 g/t

Probe Mines’ Value CreationFrom January 2010 to January 2015 ROI 900%

18TSXV: PRB