New Discoveries & Strong Pipeline in Val d’Or East Mining Camp, Quebec

April 2018 | TSX.V: QMX

Investor Presentation

FORWARD-LOOKING INFORMATION:This presentation contains certain “forward-looking information” under applicable securities laws concerning the business, operations and financial performance andcondition of QMX Gold Corporation. Forward-looking information includes, but is not limited to, statements with respect to the benefits and the developmentpotential of the properties of QMX Gold Corporation; the future price of gold; the estimation of mineral reserves and resources; drilling and other explorationpotential; costs; liquidity issues; permitting; success of exploration activities; and currency exchange rate fluctuations. Forward-looking information may becharacterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate”, “estimate” and other similar words, or statements that certain eventsor conditions “may” or “will” occur. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, andare based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differmaterially from those projected in the forward-looking information. Information and assumptions upon which such forward-looking information is based includesbut is not limited to; title to mineral properties; understanding of geological trends and influences in the region; financing requirements; and general economicconditions. Many of these assumptions are based on factors and events that are not within the control of QMX Gold and there is no assurance they will prove to becorrect. Factors that could cause actual results to vary materially from results anticipated by such forward-looking information includes changes in marketconditions, fluctuating metal prices and currency exchange rates, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes andother risks of the mining industry, as well as those risk factors discussed or referred to in the Management’s Discussion and Analysis for QMX Gold Corporation filedwith the securities regulatory authorities in Canada and available at under the corporations profile on SEDAR at www.sedar.com. Although QMX Gold has attemptedto identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may beother factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information willprove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. QMX Gold undertakes no obligation toupdate forward-looking information if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. Thereader is cautioned not to place undue reliance on forward-looking information.Comparative market information is as of a date prior to the date of this presentation.

IMPORTANT NOTICE:This presentation does not constitute an offer to buy or an invitation to sell, any of the securities of QMX Gold Corporation. Such an offer may only be madepursuant to a registration statement and prospectus filed with the U.S. Securities and Exchange Commission and an offer to purchase and circular filed withCanadian securities regulatory authorities.

CAUTIONARY NOTE TO U.S. INVESTORS CONCERNING ESTIMATES OF MEASURED, INDICATED AND INFERRED RESOURCES:This presentation uses the terms “Measured, “Indicated” and “Inferred” Resources. U.S. investors are advised that while such terms are recognized and required byCanadian regulations, the Securities and Exchange Commission does not recognize them. “Inferred Resources” have a great amount of uncertainty as to theirexistence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred resource will ever be upgraded to ahigher category. Under Canadian rules, estimates of Inferred Resources may not form the basis of feasibility or other economic studies. U.S. investors are alsocautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.

NATIONAL INSTRUMENT 43-101:David Rigg, P.Geo. the Senior VP of Exploration of the Company and a Qualified Person under NI 43-101, has supervised the preparation of and approved thescientific and technical information in this presentation.

Forward Looking Statements

TSXV: QMX 2

Capital Structure

Shares Outstanding 164.7 M

Options/Warrants 13.2 M / 6.1 M

Cash C$3.0M

Long –term Debt* C$2.2M

Market Capital C$26 M

As at April 5, 2018 *Excluding ~C$3.8 million relating to deferred closure costs.

TSXV: QMX 3

QMX Gold – Capital Structure

* Excludes $6.4mln equity financing announced October 5, 2017

TSX.V : QMX FRA : OU2AAnalyst Coverage

Mackie Research Spec Buy/TP $0.60 Stuart McDougall

Currently Funded for Multiple Phases of Drilling

(C$) MillionsAs atSep 30, 2017

As atSep 30, 2016

Cash 1.9* 0.1

Accounts Payable 0.8 13.5

Total Current Liabilities 1.2 19.4

Long Term Debenture 2.1 2.2

Deferred Closure Costs 3.8 3.8

Working Capital 1.5 (17.9)

Strategic Investors

Osisko Gold Royalties 14.2%

Probe Metals 9.1%

$26

$26

$38

$79

$118

CartierResources

QMX Gold

AlexandriaMinerals

MonarquesGold

Probe Metals

QMX vs. Peers: Mkt Cap (C$M)

A Quebec based junior exploration company focused on extensive and highly prospective land package on the Abitibi Greenstone Belt in the Val d’Or Mining Camp

QMX Strategy & Highlights

Strategy ▪ Systematically evaluate nearly 200km² land

package▪ Prioritize and drill test near-term targets based

on a new geological interpretation of historical data to evaluate long-term potential

Highlights▪ $3 million on the balance sheet▪ Multiple drills turning, with a significant

pipeline of drill ready targets▪ Supportive corporate shareholders including

Osisko Gold Royalties and Probe Metals

TSXV: QMX 4

Located on Highly Productive Abitibi Greenstone Belt

▪ Many of Canada’s major mining companies originated in the Abitibi Greenstone Belt

▪ 8 major gold mining camps are located along the Abitibi Greenstone Belt

▪ QMX Gold is located in the Val d’Or Mining Camp on the Southeastern portion of the Abitibi Greenstone Belt

Abitibi Greenstone Belt is the 3rd largest gold district in the World

Quebec

Canada

TSXV: QMX 5

Multiple Prospective Targets in the Underexplored Area

Applying a systematic and methodical approach to its large land package

TSXV: QMX 6

High Priority

▪ East Zone

▪ Bonnefond South ✓ Data compilation ✓ Phase 1 drilling ▪ Phase 2 drill testing new hole orientation and Eastern extension

▪ Bevcon Intrusive ✓ Data compilation over Northern portion▪ Drill testing multiple prospective gold showings along Northwestern contact

▪ New Louvre ✓ Data compilation ▪ Phase 1 drill testing multiple prospective gold showings

▪ Southwestern Zone ✓ Phase 1 reconnaissance drilling ▪ Sigma-Lamaque extension drilling ▪ Evaluating new drill data and recent surveys

Follow-Up on Recent Successes – Bonnefond South, Southwestern Zone, and Beacon Target▪ Evaluate new discoveries, surveys, orientation results, and drill data

Strong Exploration Pipeline on Highly Prospective Land Package

TSXV: QMX 7

Upcoming Catalysts

Drilling on East Zone

▪ Bonnefond South – Phase 2 drill program

▪ Bevcon Intrusive drill programs

▪ North Shear target

▪ West extension Buffadisson/ Bevcon Mine target

▪ New Louvre – Phase 1 drill program

Evaluating Southwestern Zone, Central Zone, and Bourlamaque Zone

▪ Evaluating multiple prospective gold and base metal zones within land package and expanding knowledge base

Overall

▪ Strategic review of non-core exploration properties and assets

▪ Evaluate potential custom mill contracts for Aurbel Gold Mill

TSXV: QMX 8

East Zone – Underexplored area over a 9km Strike

The East Zone is 40km² encompassing several gold-bearing intrusions including the BonnefondSouth, New Louvre, and Bevcon Intrusive. Each target is highly prospective and spans a 9km strike length

▪ Limited exploration over past several decades across target area

TSXV: QMX 9

East Zone – Prospective Targets

Bevcon Intrusive

▪ A quartz-tourmaline vein system was mined over a strike of more than 1,000m and to a depth of 680m

▪ Drill testing Western extension

▪ Gold showings within and along the contact of the Bevcon Intrusion and shallow drilling

▪ Bevcon mine historically produced 438,000 ounces of gold grading 4.3 g/t Au from 1951 - 1965

New Louvre

▪ Initial reconnaissance drilling program underway totaling 5 holes for 2,000m over a 2.2km strike

▪ Geologically similar to BonnefondSouth with gold-bearing shear zones, and plug/sill style intrusion hosting gold mineralization

▪ Historical gold intersections over 2km strike in shallow drilling

TSXV: QMX 10

East Zone – Bonnefond South

▪ AUR Resources discovered a plug-like, tonalitic intrusion containing gold in association with shear and tensional quartz-tourmaline veining – similar to plugs on Eldorado’s Lamaque Property

▪ Historic drilling was conducted North to South, orientation was not evaluated

TSXV: QMX 11

Bonnefond South – Phase 1 Results

Evaluated Tonalitic Plug – Phase 1

▪ Consists of 9 holes for 4,331m testing vein, fault, and shear orientations to confirm thick gold intersections within the Tonalitic Plug

▪ Confirmed misinterpretation of the shear & vein orientations. Current geological model indicates the gold system remains open to East and at depth

Evaluate Eastern Extension – Phase 2

▪ 12,000m drilling campaign to test the eastern extension of the gold bearing system and secondary vein orientations within the plug

TSXV: QMX 12Results from Phase 1 testing

East Zone – Bevcon Intrusive

Evaluate 3km Strike

▪ Previous drilling was mostly shallow (less than 200m)

▪ Historical exploration drilling at the Bevcongold mine intersected gold down 1000m

TSXV: QMX 13

East Zone – New Louvre

Evaluate 2.2km Strike

▪ Previous drilling was mostly shallow (less than 200m)

▪ Gold intersection at surface and down to 1200m

TSXV: QMX 14

Southwestern Zone

New discovery on Southwestern Zone made in early 2017

▪ Encouraging gold intersections, magnetic anomaly, and shear zone continuity trending eastward from Sigma/Lamaque mines (Eldorado)

▪ Testing along trend of Triangle Deposit and Sigma/Lamaque

▪ 3D Mag Inversion anomalies untested

▪ Limited deep exploration in this area

TSXV: QMX 15

Corporate Headquarters

800-65 Queen St. W.

Toronto, Ontario

M5H 2M5 Canada

info@qmxgold.com

Thank you.

▪ Hole 25: 1.5g/t over 118.9m; incl. 2.5g/t over 44.1m

▪ Hole 26 : 1.9 g/t over 83.8m, well distribution gold value

▪ Confirm presence of sheared mafic dykes hosting quartz-tourmaline veins

▪ Mineralization is associated with multiple sets of quartz-tourmaline veins, one sub-parallel to the previous hole direction – not adequately tested

▪ Multiple shear zones were intersected within footwall volcanic rocks

▪ Hole 29: Best hole in volcanics with 13.2g/t over 8.8m

East Zone: Bonnefond South Target – Geological Sections

TSXV: QMX 17

East Zone: Bonnefond South Target – 2017 Phase 1 Result

•Reported length are measured along the hole.** Au uncut.

Drill HoleFrom

(m)To (m) Length (m)* Grade (g/t Au)** Geology

17315-17-25 61.7 180.6 118.9 1.5 Tonalite

Incl. 78.6 122.7 44.1 2.5

with 79.5 86.0 6.5 4.2Shear Mafic

Dyke

and 111.1 116.7 5.6 4.5Shear Mafic

Dyke

17315-17-26 71.8 155.6 83.8 1.9 Tonalite

Incl. 95.8 106.0 10.2 4.9Shear Mafic

Dyke

17315-17-27204.1 297.8 93.7 1.4 Tonalite

449.8 454.4 3.8 1.8 Shear Zone

17315-17-28

86.8 157.3 70.5 0.4 Tonalite

200.5 204.0 3.5 3.0 Shear Zone

375.0 382.7 7.7 1.0 Shear Zone

17315-17-29

63.0 151.9 88.9 1.2 Tonalite

201.0 204.3 3.3 4.2 Shear Zone

356.1 364.9 8.8 13.2 Shear Zone

17315-17-30

110.8 149.5 38.7 1.1 Tonalite

Incl. 113.3 117.2 3.9 3.3 Mafic Dyke

221.4 225.1 3.7 1.9 Shear Zone

17315-17-31 243.8 252.8 9.0 0.6 Tonalite

17315-17-32

122.3 123.3 1.0 15.2 Shear Zone

452.6 461.6 9.0 1.7 Shear Zone

Incl. 456.4 459.6 3.2 2.8

17315-17-33

271.3 339.5 68.2 1.9 Tonalite

Incl. 271.3 311.0 39.7 2.5

Incl. 331.6 339.5 7.9 3.4

TSXV: QMX 18

Select Results from Southwestern and Beacon Drilling

Southwestern Zone – Reconnaissance Drilling

Hole From (m) To (m) Length (m)* Au Grade (g/t)

17307-16-002 93.1 93.8 0.7 14.0

17307-16-003 132.7 135.0 2.3 1.2

181.8 135.0 1.0 2.3

17307-17-007 35.8 36.9 1.1 1.0

96.3 97.3 1.0 1.4

108.3 118.5 10.5 2.0

incl. 113.2 116.4 3.2 4.9

124.6 125.8 1.2 2.0

135.3 136.5 1.2 2.1

Bourlamaque Zone - Beacon Target

Hole From (m) To (m) Length (m)* Au Grade (g/t)

17319-17-005 36.4 41.8 5.4 6.1

incl. 40.8 41.8 1.0 32.6

72.0 75.0 3.0 7.6

incl. 72.0 74.0 2.0 11.1

17319-17-007 12.0 17.1 5.1 2.4

26.1 27.2 1.1 1.1

17319-17-008 4.2 5.3 1.1 1.1

16.3 17.7 1.4 4.5

45.5 46.6 1.1 4.5

* Reported length are measured along the hole.Au uncut. TSXV: QMX 19

Experienced Management & Board of Directors

Management

Brad Humphrey | President, Chief Executive Officer & Director

+20 years of international mining experience, predominantly as a precious metals analyst. Prior to joining QMX Gold, Mr. Humphrey worked for Morgan Stanley as an Executive Director and North American Precious Metals Analyst, where he was responsible for growing Morgan Stanley’s North American Gold research coverage. Mr. Humphrey was also a Managing Director and Head of Mining Research at Raymond James and covered precious metal equities at CIBC World Markets and Merrill Lynch. Before starting his capital markets career, Mr Humphrey held a variety of mining industry roles from Corporate Development to contract underground miner.

David Rigg | Senior Vice President, ExplorationDavid has +30 years of experience in the mining industry, including work on exploration and mine development programs in Ontario and Quebec. Most recently, he was President and CEO of the former Alexis Minerals Corporation and was the President and CEO of Liberty Mines. He has worked for Agnico Eagle Mines in Val d’Or, Quebec in various capacities including Exploration Manager Agnico Eagle Mines and has gained international experience in Africa and Sweden. He contributed to the discovery of the Musselwhite Mine and was a member of the Laronde Mine discovery team awarded Prospector of the Year award by the QPA in 1995. Mr. Rigg obtained a B.A. and M.A. from King’s College, Cambridge University, England in 1978 and a M.Sc. at Queens University in 1980.

Jules Riopel | Director of ExplorationMr. Riopel is a seasoned exploration professional with more than 2 decades of experience at all stages of exploration from grassroots through to production. Prior to joining QMX Gold, Mr. Riopel was Vice-President Exploration and Acquisition for Adventure Gold where he was directly involved with the Pascalis-Colombiere discovery adjacent to the QMX Gold land package. Mr. Riopel has spent the majority of his career in the Abitibi with several major mining companies including Richmont, Noranda and Cambior.

Deb Battiston | Chief Financial Officer

+15 yrs of accounting, tax and corporate finance experience in Canada and Europe. From 2007-2010, she was the CFO of CD Capital Partners, a private real estate firm focused on developing mixed use retail and office real estate in Russia, Ukraine and Romania. From 2001-2008, she was the CFO of MAVA Investment Ltd., a private equity firm based in Budapest, Hungary.

Board of Directors

Michael Timmins | Executive Chairman Mr. Timmins is a mining executive with over 20 years of technical and corporate development experience at Agnico Eagle Mines Limited and Placer Dome Inc. Prior to joining QMX, Michael worked for Agnico Eagle as Vice-President, Corporate Development. During his tenure at Agnico, Mr. Timmins participated in the construction and commissioning of the Kittila Mine in Finland and led several key acquisitions and strategic investments into junior gold companies. Prior to working at Agnico Eagle, Mr. Timmins worked in various operational capacities in the Red Lake camp for Placer Dome. Michael is a graduate of Queens University (MBA), the University of British Columbia(M.Sc.) and Bishops University (B.Sc.).

Brad Humphrey | President, Chief Executive Officer & Director

Stéphane Amireault | DirectorStéphane Amireault to its Board of Directors. Mr. Amireault, MScA, P.Eng., has over 25 years of experience in mineral exploration, and is currently Vice President Exploration for Belo Sun Mining. Prior to joining Belo Sun, Mr. Amireault was the Vice President Exploration for Sulliden Gold Corporation until its acquisition by Rio Alto Mining in 2014. Mr. Amireault holds a master’s degree in Applied Sciences from École Polytechnique of the University of Montréal and is a member in good standing of the Ordre des Ingénieurs du Québec.

Ralph Lean | DirectorMr. Lean is a highly regarded business lawyer in the Toronto office of GowlingWLG. Mr Lean brings a broad base of expertise from startups to global corporations, in the private and public sectors as well as nationally and internationally. Mr. Lean was named one of the National Post’s “most influential” business people in Canada.

Bruce Humphrey , P.Eng. | DirectorMr. Humphrey is a mining engineer with over 35 years' experience. He served as the President and Chief Executive Officer of Desert Sun Mining Corp. from October 2004 to April 2006. From May 1998 to May 2004, Mr. Humphrey served as Senior Vice President and Chief Operating Officer of Goldcorp Inc. He is a member of the Professional Engineers of Ontario. He also serves as a director of several public companies in the resource sector.

TSXV: QMX 20