MEETING THE DEMANDS OF AN

ELECTRIFIED WORLD

CORPORATE PRESENTATIONQ1/2018

TSXV: PRZ

OTCQB: PRZFF

FSE: MQSP

HIGH GRADE COPPER

IN MEXICO

Cautionary StatementFORWARD LOOKING STATEMENTSThis presentation contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws. These forward-looking statements may include statements regarding the perceived merit of properties, exploration results and budgets, mineral resource estimates, the potential to increase estimated minerals resource work programs, capital expenditures, operating costs, resource estimates and similar statements relating to the economic viability of a project, timelines, strategic plans, including the Corporation’s plans and expectations relating to the Manto Negro Copper properties (collectively, Manto Negro”), the Kena and Daylight Gold-Copper properties (collectively, “Kena”) and the Toughnut property in the Nelson area of British Columbia and market prices for precious metals, or other statements that are not statements of fact. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Statements concerning mineral resource estimates may also be deemed to constitute “forward-looking statements” to the extent that they involve estimates of the mineralization that will be encountered if the property is developed. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Forward-looking statements and forward-looking information are not guarantees of future performance and are based upon a number of estimates and assumptions of management at the date the statements

are made including without limitation, assumptions about: future prices of copper, gold and other metal prices, the success of proposed exploration and development activities, successful exploration and

development of the Manto Negro, Kena and Toughnut properties, favourable operating conditions, political stability, obtaining governmental approvals and financing on time, obtaining renewals for existing

licences and permits and obtaining required licences and permits, government regulation of the Corporation’s activities, environmental risks and expenses, labour stability, stability in market conditions,

availability of sufficient equipment and labour, accuracy of any mineral resources and anticipated costs and expenditures and the Corporation’s ability to achieve the Corporation’s goals.

While the Corporation consider these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and

uncertainties, contingencies and other factors that could cause actual performance, achievements, actions, events, results or conditions to be materially different from those projected in the forward-looking

statements, including price volatility of the Corporation’s securities, further potential of the Corporation’s properties, the need for additional capital and the Corporation’s ability to raise additional funds, land title

issues and risks, local community issues, the estimation of mineral resources, conclusions of economic evaluations, the realization of mineral resource estimates, the timing and amount of estimated future

production, quality and marketability of mineral product, limited lives of mines, reclamation obligations, the costs of production, capital expenditures, mining or processing issues, currency exchange rates,

government regulation of mining operations, environmental risks, risk relating to infrastructure, permitting and licenses, litigation, mining tax regimes, insurance and uninsured risks, competition, adequacy of

financial resources, no historical production or revenues therefrom, dependence on outside parties, dependence on key personnel, conflicts of interest and other risks of the mining industry and those factors

disclosed under the heading “Risk Factors” in the Corporation’s documents filed from time to time with the securities regulators in the provinces of Canada. This list is not exhaustive of the factors that may

affect any of the forward-looking statements. Forward-looking statements are statements about the future and are inherently uncertain, and the Corporation’s actual achievements or other future events or

conditions may differ materially from those reflected in the forward-looking statements. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual

results, performance or achievements of the Corporation, or industry results, may vary materially from those described in this presentation. In addition, a number of other factors could cause the actual results,

performance or achievements of the Corporation to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements.

The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Corporation at the time of preparation, may prove to be incorrect and readers are

cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Corporation does not undertake any obligation to release publicly any revisions to forward-

looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable

securities laws.

SCIENTIFIC AND TECHNICAL INFORMATIONA copy of the technical report for the Kena Project entitled “Technical Report for the Kena Project, Nelson, BC” dated June 2, 2017 with an effective date of January 7, 2017 (the “Report”) prepared for Prize

Mining Corporation by Vivian Park, P. Geo., VPG Geosciences, and Gary H. Giroux, P.Eng., Giroux Consultants Limited (Ltd.), is available on SEDAR profile of Prize at www.sedar.com. No material work has

been undertaken on the Kena Project since the effective date of the Report. Please refer to the Report For additional information regarding the Kena Project.

William Dynes B.Sc. (Hons), P.Geo., a consulting geologist, is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed and approved the

scientific and technical information in this presentation.

UNITED STATES SECURITIES ACT OF 1933The securities of Prize Mining offered for sale on a private placement basis have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or

any state securities laws. Accordingly, the securities offered thereby may not be offered, sold or delivered within the United States of America, its territories or possessions (the “United States”), or to or for the

benefit or account of any U.S. person (as defined in Regulation S under the U.S. Securities Act), except in transactions exempt from such registration.2

Investment Highlightso The high grade Manto Negro oxide copper project in northeastern Mexico represents a significant

opportunity to create near term shareholder value.

o This former BHP project is characterized by a large land position, globally significant grades, easily

leached oxide copper and near surface low cost mining potential.

o Copper demand and prices have been steadily increasing in recent time and with the global

electrification of society only set to accelerate this market will remain very strong for many years.

o The Manto Negro copper project is a district scale high grade oxide copper deposit that has near

term production potential.

o Mantos style oxide copper project with at surface grades from 1.5% to over 3% Cu.

o Expert management and board with proven success building successful and valuable mining

companies around the world.

o We have the management, operators and vision to leverage this unique opportunity.

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LeadershipMichael McPhie, B.Sc., M.Sc., QEP President & CEO, Director

Mr. McPhie brings over 20 years as an executive in the mining and minerals industry with significant experience in taking projects

and companies from discovery through to development and operations. This includes capital markets, IPO’s, M&A, and project

financing. His primary expertise focused on copper, gold and silver projects in leading their design, permitting and

development. Michael currently serves as Chair of the Board of IDM Mining Ltd., Founder and CEO of Falkirk Resource Consultants

Ltd. and Chair of the Board of Ridley Terminals Inc. Previously, Michael was the founding President and CEO of Curis Resources

Ltd., a copper development company which he led to IPO in 2010 and was subsequently taken-over by Taseko Mines Ltd. in

2014. He has served as a Director and EVP of Exeter Resource Corporation, CEO of the Mining Association of British Columbia and

a Policy Director with Canada’s Department of Natural Resources. He is recent past Chair of the Board of the Association for Mineral

Exploration BC (AMEBC) and Chair of the Board of Governors of the British Columbia Institute of Technology (BCIT). Michael

earned his B.Sc. from Simon Fraser University, M.Sc. from Royal Roads University and is a registered Qualified Environmental

Professional (QEP).

Feisal Somji, B.Sc., MBA Executive Chairman

Mr. Somji has 20+ years of experience ranging from grassroots exploration to mine development. Mr. Somji started his career

managing an exploration and mine development services company with over 100 employees and divisions including diamond drilling,

ground and airborne geophysics, geological consulting, geochemical analysis and laboratory services. He has acted as an officer

and director of several public companies involved in gold, diamond, silver, copper, base metal and platinum assets in North America,

South America, Asia and Africa. Most recently Mr. Somji was the founding President and CEO of Rio Alto Mining Ltd, with it's La

Arena gold/copper mine in Peru, having achieved commercial production in 2011, with a current annual production rate of

approximately 150,000 ounces of gold from 4,000,000 tonnes of ore. Rio Alto was acquired by Tahoe Resources in 2015 for

approximately $1.3 Billion. Mr. Somji also provides expertise in areas of corporate finance and governance where he has raised over

$125 million and helped several projects go public. Mr. Somji has a B.Sc. from the University of British Columbia and an MBA from

Queens University. 4

Leadership

Raul Ramirez Morton, Director

Mr. Ramirez Morton was one of two principals of Scion Mines SA de CV, which was purchased as part of the Manto Negro

acquisition. He is the president and chief executive officer of Molycomex, a private Mexican corporation involved in the

exploration and development of copper, molybdenum and gold deposits in Mexico. He was a founding shareholder of

Mexican Silver Mines in 2006 and was a Director and VP, Operations to 2010, when it was merged with Rio Alto. Mr.

Ramirez Morton is the chairman and CEO of Mexican Moly Mines SA de CV, a privately held company operating a copper-

molybdenum-gold mine located in Coahuila, Mexico. He is respected within the Mexican mining industry and brings vast

experience in mine management, government relations, licensing and regulatory issues. Mr. Ramirez Morton earned his

BA a major in finance from the Monterrey Institute of Technology.

David Schmidt, Director

Mr. Schmidt completed his Bachelor of Applied Science (Mining) at the University of British Columbia in May, 2000, and

since then has been working as a self-employed consultant to mineral exploration companies. He assists with financings,

corporate and financial disclosure and corporate development. Mr. Schmidt is also currently a director of several other

public companies.

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Copper Market

Research

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o Copper market currently undergoing significant resurgence both in demand and price.o Copper experienced a massive drop during the 2008 financial crisis.o Subsequent confidence saw huge gains into 2011. o Post-2011 slowdown of global growth saw copper lose 50% of its value.o During slowdown many mines closed or began high-grading operations. Extracting only

highest-grade ore in response to low prices. These operators have to deal with higher production costs in a bull market to compensate for past practices.

o Escondido, the worlds largest copper mine produces 1.1 million tonnes annually. The equivalent amount must be added every 2-3 years to keep up with projected demand.

o The drive for global electrification of society including new Electric Vehicles (EV) is driving demand (and price) exponentially.

--data points from Katusa Research

Copper (Cu) Market Drivers

➢ OECD/IEA 30@30 campaign set a goal

for member nations to achieve 30% EV

market share by 2030.

➢ By 2025 they predict between 40 to 70

million EVs.

7--data points by mining.com / IEA.org

o Electric Vehicles (EV): 4 times more Cu per vehicle.

o Internal Combustion versus EV: average 23kg of Cu. vs. average 83kg of Cu.

o New Copper demand predicted to grow from 185,000 tonnes (2017) to 1.74

million tonnes (2027) – a ninefold increase – driven by EV adoption.

o In addition, vehicle chargers add 0.7kg Cu each. Fast chargers add 8kg each.

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Manto Negro Oxide Copper Project

Coahuila State, Mexico

Manto Negro Copper Project

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o Sedimentary stratabound oxidized and reduced

“Red Bed type” copper deposits

o Analogous to the Zambian and DRC Copper Belt

o Hosted by Cretaceous carbonates and sandstones

o Lensoid mineralized Mantos from 1.5m to 23m thick

o Mantos: average 0.73% to 5.5% Cu, 19 to 793 g/t

Ag, 1.5 TO 15% Pb and 0.3 to 3.64 Zn

o Pipes and veins of richer Cu-Ag sulphide

mineralization outcropping at various locations.

Rich copper mineralization from Ojitos Manto Cuprite (black) Malachite (green)

Buena Suerte Copper Silver Manto Mineralized boulders

in the talus

The San Antonio MantoAverage: Cu 1.14% Ag 6 g/t

Close-up view of part of the Manto Negro

Chrysocolla-rich sandstone

Manto Negro - Location

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o NE Mexico

o Coahuila State

o Chihuahuan Desert

o Cuatro Ciénegas Area

o Easy road access

o Established infrastructure

o Located proximal to mid-size cities

with excellent access to skilled

mining labour

Manto Negro - Geology

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Copper and Chalcocite Pilar Grande Level 3

o Manto Negro is a sediment-hosted stratiform copper-silver-lead-zinc deposit. Mineralization is

associated with the contact of the clastic (redbeds) of the San Marcos formation and the

overlying limestone of the Cupido formation indicative of a sediment-hosted stratiform

copper-silver-lead-zinc deposit of the Kuperschiefer-type (red-bed type).

o Exposed rocks in the Manto Negro area are Lower Cretaceous clastic and carbonate rocks

with a few scattered exposures of Permian granitic and Tertiary andesitic intrusive rocks.

o Within the Manto Negro area such lateral potential is indicated by mines and prospects along

the contact of the San Marcos – Cupido formations for 40 to 50 kilometers.

o Thickness is variable in this type of deposit. The Pilar Grande Mine (Don Indio concession)

(Stratabound:1998) found copper-silver mineralization over a 23m thick stratigraphic interval;

at El Granizo estimated copper mineralization was over a thickness of 10m.

Current Fieldwork

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o 30 Km of Roadso 7,000 Hectares of Geological Mappingo 449 Channel Sampleso 266 Analytical Sample Resultso 138 Systematically Sampled Trencheso 35 Drill Holes

7.5 Km of Trench in Manto Zone

Manto Negro Project Area

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35 current showings over 50 km’s

Manto Negro South

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MAP

o Over a 9km strike length

o 10 New Copper Prospects

o 3 Target Zones

Manto Negro North

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Manto Negro – Don Indio Claim

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5 KM LONG SECTION N25°E DON INDION CLAIM

Pilar Grande

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Pilar Grande Mine

Pilar Grande MineSilver-copper mineralization in a 23

meter (75’) thick stratigraphic

interval comprising the lowermost

10 meters of the “Cupido”

limestone unit (Levels 1 and 2) and

the uppermost 13 meters of the

underlying red bed sandstone

sequence (Levels 3 and 4). The

workings extend for 240 meters

along strike and 80 meters down

dip, grades up to 5.86 % Cu / 901

g/t Ag. Average 2.5% Cu and 118

g/t Ag. Current 1000 metres

underground developement

La Abandonada MineMineralization sampled at

surface within a 200 x 10 meter

area with grades of 1.5% copper

and 42 g/t silver. Open in both

strike directions.

“Ojitos” Feeder35% Cu 1.2kg/Ton Ag

Surface Features

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Buena Suerte Zone

300m x 6 Manto WideEl Granizo Zone

8m thick Manto, Avg. 1.5% Cu

Outcrop Manto La Curva Zone

5m wide

Conclusions

Gradeo Mantos average range 1.5% to > 5%

o Higher grade Mantos areas of 6% to 8%

o Feeder zones of up to 33%

o High silver lead zinc credits

o Expect resource grades at 1.5% - 2% range

Sizeo Just under 18,000 hectares

o 50 km in length

o Over 35 showings

o 1.7 to 23m in thickness

o Similar to Zambian and DRC

copper deposits

Productiono Oxide deposit amenable to low

cost high recovery leaching

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100% Owned │ District Scale │ No Royalties

Manto Negro Copper Project

Kena & Daylight Gold Project

Nelson, British Columbia

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o Prize Mining’s advanced stage Kena project represents a 43-101 gold resource of 481,000

ounces Indicated, and 1,318,000 ounces Inferred with potential for higher grade porphyry

targets (>1g /tonne).

o Kena, Daylight and Toughnut Properties have been consolidated under one JV and one work

program. Consolidation provides for a district wide approach to tie together a larger trend

extending several km’s.

o The Daylight claims have four historical producing mines with grades as high as 37g/t gold.

The Company’s focus on the Daylight property is on four large gold-bearing targets.

Location

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o South-Eastern BC

o 10 km from town of Nelson

o Excellent infrastructure

o Paved highways

o Rail line nearby

o Local work force

o Power lines cross the property

o Local service and supply companies

o Teck Resources Trail Smelter lies 45 minutes south via paved highway

Kena Property

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THREE IMPORTANT GOLD AND COPPER-GOLD ZONES

KGM GOLD DEPOSIT24,890,000 tonnes Indicated & 85,790,000 tonnes Inferred bulk tonnage gold deposit with high grade zonesDAYLIGHT GOLD AREAHigh Grade Gold Veins characterized by four historic minesCOPPER KING ZONEBulk tonnage porphyry copper-gold mineralization

PORPHYRY GOLD DEPOSIT

o 24,890,000 Tonnes INDICATED

• Containing 481,000 Ounces GOLD

• Average grade 0.60 g/t Au

o 85,790,000 Tonnes INFERRED

• Containing 1,318,000 Ounces GOLD

• Average grade 0.48 g/t Au (Using a 0.3 g/t GOLD Cut-off)

* Resource can be expanded with additional drilling.

** Mineral resources that are not mineral reserves do not have demonstrated economic viability.

*** Resource estimate by Giroux and Park (2017).

Daylight Property

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TWO LARGE PROSPECTIVE GEOCHEMICAL TRENDSo Great Western anomaly: 48 soil samples over 100ppb Auo The Starlight-Daylight trend: 9 soil samples >100 ppb Au

AND highest gold-in-soil ever recorded on the property of 8,009 ppb Au (8.0 g/t).

IN PROGRESS…o Ground truthing of the 41+ anomaly targets and high-grade rock sample resultso Additional composite rock sample lines AND soil lines at various locations (Great

Western and Eastern targets, un-sampled areas between the Toughnut and Daylight)o Expanded ground magnetic surveyo Baseline evaluation of Birds Eye, Royal Irish and Crow showings

SummaryThe Company’s flagship Manto Negro Oxide Copper Project is a district scale deposit

with significant size potential, globally significant grades and near surface

mineralization that would allow for low cost mining. Prize has a large land position in this

highly prospective area of Mexico, a strong local workforce and the skill and expertise to

advance Manto Negro in the near term.

Our southeastern BC located Kena-Daylight Gold Project is for the first time being looked

at from a district-wide approach. The Kena Property has a NI 43-101 resource of an indicated

481,000 ounces of gold as well as an inferred 1,318,000 ounces of gold. The Daylight claims

have four historical producing mines with grades as high as 37 g/t gold. The Company’s

focus on the Daylight Property is on four large gold-bearing targets. The Company remains

committed to adding ounces through both drilling and acquisition and offers a diversified,

strategically managed approach with a big picture outlook.

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Capital Structure

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Current

Shares Outstanding: 56,691,869

Warrants @ $0.50:Options @ $0.50:

8,023,9854,400,000

Fully Diluted: 69,115,854

Cash on Hand: Approx. C$2.0mm

Insider Ownership: Approx. 16.5%

**A $1.15 million flow-through financing was announced Nov 28th at $0.50 per unit and expected to close December 12th, 2017. 2.3 million shares and 1.15 million warrants will be issued at that time.

www.prizemining.com

27

OTCQB

PRZFF

TSX.V

PRZ

FSE

MQSP

Investor Relations

Walter Spagnuolo, Manager, Investor Relationswalter@prizemining.comTel: 604-343-8661

Mailing Address

Prize Mining Corporation645 – 7th Avenue SW, Unit 2650Calgary, Alberta T2P 4G8Tel: 403-236-2222