A Golden Opportunity in the Heart of the Golden Triangle Cautionary - PowerPoint PPT Presentation

A Golden Opportunity in the Heart of the Golden Triangle

Cautionary Statement Certain statements herein may contain forward-looking information within the meaning of applicable securities laws. Forward-looking information appears in a number of places and can be identified by the use of words such as “intends” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information includes statements regarding the Company’s exploration and development plans with respect to its properties and the estimate of mineral resources and are subject to such forward-looking risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such risks include metal price volatility, change in equity markets, the uncertainties involved in interpreting geological data, permitting and environmental, increase in costs and exchange rate fluctuations and other risks involved in the exploration and development industry. There can be no assurance that forward-looking information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of Metallis Resources Inc. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information here in are qualified by this cautionary statement. The Company does not undertake to update such forward- looking information except in accordance with applicable securities laws. Technical aspects on this presentation have been reviewed and approved by the Company’s Vice President of Exploration, David Dupre P.GEO designated as a Qualified Person under National Instrument 43-101. #515 #515 – 850 West Hastings gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

About Metallis Resources TSX-V: MTS  Golden opportunity in the Golden Triangle, northwestern BC.  Golden Triangle has more gold than the Carlin Trend in Nevada.  Eric Sprott is a major investor in Metallis Resources.  Tight share structure & market cap still only a fraction of most companies in the region. Share Structure (As of Dec 21, 2017) Market Cap of Neighboring Companies (As of December 21, 2017) Issued and 29,748,487 Outstanding MTS: 35 million GGI: 246 million Options 2,035,000 GTT: 53 million Warrants 4,005,623 SEA: 792 million PVG: 2.55 billion Fully Diluted 35,789,110 ** Highly Experienced Management & Technical team with a History of Discovery in the district. #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Kirkham Property – In the Heart of the Golden Triangle  106km 2 land package assembled, over several years, by world-renowned copper-gold expert Rodney Kirkham.  Within a highly mineralized region, home to mines and advanced exploration projects collectively worth billions of dollars.  Favorable geology with a wide range of mineral deposits: porphyry, magmatic sulphides, shear vein and VMS.  Geological environment at Kirkham property identified all above mineral deposit types. #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Location Map Kirkham Property #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Excellent Infrastructure Easy access to transportation and energy infrastructure:  Stewart-Cassiar Highway. (Hwy 97)  Recently completed high-voltage power transmission line.  Ocean port facilities at Stewart, 65 km south of the Kirkham Property. Courtesy of Visual Capitalist for Skeena Resources and IDM Mining. #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Updated Exploration Model The “Red Line” and Porphyry Environment  The “Red Line” , A key marker horizon for copper- gold mineralization, traced over a 10km strike-length on the Kirkham Property.  Most copper-gold deposits within the Golden Triangle are found within 2km of this contact. Kirkham Property  Kirkham claims host Porphyry Cu-Au, Shear vein Au and magmatic Ni- Cu systems Courtesy of Visual Capitalist for Skeena Resources and IDM Mining. #515 #515 – 850 West Hastings gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

The Golden Triangle Tectonic Environment  Intra-Oceanic Arc  Eskay Rift – Transtensional Geology (Triassic – Jurassic)  Mafic-ultra mafic complexes  Texas Creek & Cu-Mountain suite Porphyry intrusions  Stuhini and Hazelton Fm. volcano-sedimentary rocks Metallogeny  Porphyry - Cu-Au  Epithermal Au-Ag  Magmatic Ni-Cu (PGE)  Shear vein Au  VMS & Carbonate replacement #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Kirkham Map: Geology and Exploration prospects Geo-Stratigraphy  Recent basaltic volcanics  Bowser Lake sediments  Mafic rocks (Magmatic Ni-Cu)  Shear vein Au mineralization  Hawilson Porphyry Cluster  Hazelton Formation  Triassic – Jurassic “ Red-Line ”  Stuhini Formation #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Conceptual Porphyry Model Hawilson Monzonite - Porphyry Systems  Calc-alkalic Porphyry Copper-Gold systems (Cliff, King, Cole)  Monzodiorite and diorite Porphyry intrusions  Hydrothermal Potassic , Sericitic and outer Phyllic – Propylitic alteration zones  Multiple veins and sulphide mineralization (pyrite-chalcopyrite-bornite) #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Multiple Targets, Multiple Deposit Types 2018 Exploration Program is focused on  Cliff: Cu-Au Porphyry  King: Cu-Au Porphyry  Cole: Cu-Au Porphyry  King E: Resistivity Target  Terwilligen: Resistivity Target  Thunder N & S: Magmatic Ni-Cu  Natt: Shear vein Au #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com

Multiple Targets, Multiple Deposit Types Targets Deposit Type/ Primary Method(s) of Potential Scale of Analogous Deposit(s) Drilling in 2017 Commodities Identification the System/deposit Cu-Au Porphyry Historical drilling and rock- 2000 x 300 x 1000m - KSM -proven & probable Yes Cliff chip sampling Porphyry system reserves total 38.8 million oz. Au and 10.2 billion pounds of Cu Assays available at MTS Website Iron Cap: 10.6 Million oz. Au and 3.6 Billion lbs. Cu (all categories) King Cu-Au Porphyry Field mapping & sampling 1000 x 300 x 1000m - Kerr Deposit – No Alteration System KSM Porphyry Cluster Planned for 2018 ~1500m 2 coincident King E Cu-Au Porphyry Field mapping, geophysical Kerr Deposit – No & soil anomalies resistivity & magnetic KSM Porphyry Cluster Exploration work anomaly Planned for 2018 Magmatic Field mapping of gabbroic 200 x 150 x 400m - Carajas belt, Brazil and Yes – 1 test hole only Thunder N Ni-Cu Sulphide rocks, exposed alteration Gabbroic units Ailoshan Red-River Structural Drilling and rock-chip Thunder S and structures due to Zone in Yunnan-China assays available at glacial retreat. Voisey Bay 141 Mt @ 1.6% Ni MTS website #515 – 850 West Hastings #515 gs St., Vancouver er, , BC V6C 1E1 | Phone: : 604.688.5 .5077 | Email: info fo@met etallisres esources es.c .com | Web eb: : metallisres esources.c .com