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Evolving Exploration VALUE THROUGH DISCOVERY Metals Investor Forum March 3, 2018

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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 Forum March 3, 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 Triangle British Columbia (copper and gold)

South Central BC British Columbia (copper and gold)

Laramide Porphyry Belt Northwest Mexico and Arizona (copper and gold)

Prospect Generator Benefits

1 new discovery, 6 active joint ventures

1 regional alliance + generative exploration

More than $7 million and 30,000 metres of drilling planned by our partners in 2018

Exploration Partnerships

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

veining

Location: Sonora, Mexico

Size: 165 km2

Status: Optioned to First Majestic

Stage: Advancing Discovery

Ermitaño consists of 165 square kilometres of contiguous mineral tenure located approximately 145 kilometres from Hermosillo 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 Ermitaño West prospect, located about 3.5 kilometres southeast of the operating Santa Elena mine by Evrim's exploration partner First Majestic Silver continues to advance the exceptional value of the gold-rich mineralization. A ten-hole, 3,156 metre diamond drill program was completed in 2017 and a drill program comprising at least 20,000 metres is planned for 2018.

EXPLORATION:

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

• Subsequently, the six additional drill holes corroborated the presence of a zone 590 metres in strike and up to 210 metres in depth with an average thickness of roughly 11 metres. Mineralization remains open at depth and to the west while the main ore shoot has demonstrated potential for significant additional mineralization and tonnage.

Royalties - Mexican Base and Precious Metals

Ermitaño Royalty Five-year agreement with First Majestic Silver Corp. whereby First Majestic can earn a 100% interest in Ermitaño by paying US$75,000 upon signing the Agreement (paid) and US$50,000 each anniversary thereafter, completing a minimum of US$500,000 in exploration expenditures in the first year, and delivering a Production Notice specifying mine and construction plans with accompanying permits. Cumobabi Royalty Five-year agreement with First Majestic Silver Corp. whereby First Majestic can earn a 100% interest in Cumobabi by paying US$75,000 upon signing the Agreement and US$50,000 each anniversary thereafter, completing a minimum of US$500,000 in exploration expenditures by the second anniversary, and delivering a Production Notice specifying mine and construction plans with accompanying permits.

Exploration Partnerships

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

Location: Sonora, Mexico

Size: 240 km2

Status: Optioned to First Majestic

Stage: Drill Stage

Cumobabi consists of 240 square kilometres of contiguous mineral tenure located 130 kilometres north east of Hermosillo, the capital of Sonora State, Mexico, and only 60 kilometres southwest of the smelter at Nacozari. The property is held 100% by Evrim subject to a 2% NSR. Cumobabi is within the Sonora porphyry Cu-Mo belt, host to the world class Cananea and La Caridad porphyry deposits. First Majestic Silver, Evrim’s exploration partner, is in the process of a 7,000 metre drilling program. The property comprises three known target areas which have seen little systematic exploration despite evidence of porphyry mineralization and alteration. Cumobabi is held 100% by Evrim and is subject to a 2% NSR.

EXPLORATION: • El Chileno Target - Extensive kilometre-scale phyllic

alteration halo with local potassic alteration of a quartz feldspar porphyry.

• Jurahui Target - Covers 10 square kilometre area of coincident copper & molybdenum in stream sediment geochemistry, magnetic low signature and clay/iron oxide alteration.

• Potreritos - Cu and Ag mineralization is associated with quartz tournmaline breccia developed within phyllic and potassically altered granodiorite.

B A L L C R E E K Commodity: 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.’s productive Golden Triangle. It is prospective for copper-gold porphyry and epithermal gold-silver deposits and hosts multiple mineral centres. Moderate topography located only 8 kilometres west of Hwy 37 and the 287 kV Northwest Transmission Line. The 524 square kilometre land package hosting several copper and gold systems remains significantly underexplored with high quality data from historic exploration programs. Antofagasta has planned approximately 1,500 metres of drilling in 2018.

EXPLORATION:

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

• Several porphyry copper-gold and epithermal gold systems are in close proximity including the Ball Creek prospects, Mess Zone, Rainbow North and North & South More porphyry prospects and the Rojo Grande epithermal prospect.

Exploration Partnerships

A X E Commodity: 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 square kilometre drill ready copper-gold target located in the Quesnel terrane of south-central British 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 four known porphyry centres and newly defined drill targets at the West, Mid, South and 1516 zones. In December 2017, Evrim signed an agreement with a wholly-owned subsidiary of Antofagasta plc for the project whereby Antofagasta can acquire a 70% interest in the Axe property by incurring US$50 million in exploration expenditures, making cash payments of US$800,000, and completing a NI 43-101 compliant Preliminary Economic Analysis over a ten year period.

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 historic drill core, reprocessing of geophysical data, and digitizing old records. Drilling by previous operators returned intersections including 124.5 metres of 0.35% Cu and 0.22 g/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.

S A R A P E Commodity: Au-Ag epithermal vein

Location: Sonora, Mexico

Size: 57 km2

Status: Optioned to Coeur Mining Inc.

Stage: Geological Mapping and Prospecting for Drilling

Sarape is a 57 square kilometre early stage exploration property prospective for epithermal gold-silver deposits situated in Mexico's Rio Sonora valley. The acquisition of Sarape is a key addition to Evrim's portfolio in Mexico that was identified and staked as part of the Company's generative program. Sarape is a large land package with a geological and structural setting comparable to that of the significant deposits and mines in the district. The claims are owned 100% by Evrim with no underlying royalties. Sarape is located near excellent infrastructure with roads and power crossing the property.

EXPLORATION:

• Phase 1 exploration has defined two major veins: the Sarape vein, a northwest trending vein measuring 6.0 kilometres in length and up to 12.0 metres in width, and the Chiltepin vein, a west trending vein measuring 2.6 kilometres in length and up to 3.0 metres in width. Both veins are located either side of a Laramide age horst block.

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

Exploration Partnerships Exploration Partnerships

C E R R O C A S C A R O N Commodity: 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 square kilometre, low to intermediate sulphidation, epithermal gold bearing system in the Sierra Madre Occidental of Chihuahua, Mexico, ~55 kilometres southeast of Goldcorp's El Sauzal gold mine. At the eastern segment of the property lies a high-grade gold vein field spanning approx. 18 square kilometres. Veining has been mapped over 900 vertical metres, with classic textural evidence of hydrothermal boiling accompanying the highest gold grades. Boiling zone has been established in the upper 380 metres of the vein field. Beneath the boiling zones, silver and base metal rich veins and breccias provide additional exploration targets. The property also contains a substantial silver rich breccia target (La Cascarita) located 5 kilometres west of the currently defined gold field.

EXPLORATION:

• In November 2017 Harvest Gold completed the first phase exploration program confirming the project’s district-scale potential. Soil sampling extended all veins by 600-1,800 metres in strike length; two new vein corridors were defined within the Cascaron vein field totaling 16 veins; and a 1.8 kilometre long, gold-in-soil vein corridor was defined, north and east of Julieta and Serpiente Dorada.

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

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

• 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 is defined on resources >2 million oz gold and cash payments.

• A 20:80 JV (Evrim/Newmont) will be formed with Evrim as the operator 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.

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

This document includes certain statements that may be deemed "forward looking statements“. To view full disclosure please see: http://www.evrimresources.com/s/disclaimer.asp

Available for Option

L L A N O D E L N O G A L Commodity: 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

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

EXPLORATION:

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

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

Qualified Person Statement: The content of this presentation has been reviewed by Stewart Harris P.Geo., Vice President, Technical Services for the Company. Mr. Harris is a Qualified Person as defined under the terms of National Instrument 43-101.

C U A L E Commodity: 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 square kilometre early stage exploration property prospective for high sulphidation epithermal gold-silver, located 185 kilometres west of Guadalajara in the Cordillera Madre del Sur. Cuale was identified and staked under the Callinan Royalties Generative Alliance (now owned by Altius Minerals). Evrim acquired full title of the project in November 2017 subject to a 1.5% NSR for precious metals and 1.0% NSR for base metals to Altius Minerals. The property is located within the Talpa de Allende area of Jalisco near Agnico Eagle Mines' Barqueño Au-Ag project and Endeavour Silver’s Ag-Au Terronera project. The area is close to infrastructure with roads and powerlines crossing the property.

EXPLORATION:

• The initial program of rock chip and soil sampling outlined a 500 metre by 250 metre zone of gold mineralization with all seven samples ranging from 0.19 to 4.56 g/t gold.

• Follow-up reconnaissance trenching in late fall of 2017 was undertaken in a core triangular area at the hilltop of 300 metres by 300 metres where strongly developed silicification correlates with high grades up to 48.5 g/t gold. Every trench displayed outcropping gold mineralization.

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 (12-31-17) 65,723,242

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

5,925,000

Warrants 20,309,384

Total with dilution 91,957,626

Current Working Capital $3.2 million

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

$175,000

Contact: Paddy Nicol - President & CEO, Charles Funk – VP, New Opportunities & Exploration at [email protected] or Donna Yoshimatsu, Investor Relations at [email protected]

Exploration Expenditures 2011-2017 YTD $22 million

Partner Funding

$17.25M

EVM Funding $4.75M

80% Partner Funding

More than $7 million and 30,000 metres of drilling planned by our partners in 2018