AUXI CO RE SOURCE S CANADA I NC. Se pte mb e r 2017 - PowerPoint PPT Presentation

AUXI CO RE SOURCE S CANADA I NC. Se pte mb e r 2017 Campanillas Mine

DISCL AIME R The following presentation contains data provided to Auxico Resources Canada Inc. As such, Auxico Resources Canada Inc. has taken all reasonable care in reproducing the information herein. Material in this presentation may contain technical or other inaccuracies, omissions, or typographical errors, for which Auxico Resources Canada Inc. assumes no responsibility. Auxico Resources Canada Inc. does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information in this presentation. Under no circumstances, including, but not limited to, negligence, shall Auxico Resources Canada Inc. be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from the use, or inability to use, the material in this presentation. The information presented herein is not a substitute for independent professional advice before making investment decisions. Forward-Looking Statements This presentation may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

AUXI CO OVE RVI E W • T he Co mpa ny o wns 100% inte re st in 16 histo ric a l mine s / pro spe c ts in Za mo ra , Me xic o • Hig h-g ra de silve r a nd g o ld • Be st sa mple re sults yie lde d 14.4kg / Ag + 19.5g / Au pe r MT • Auxic o ha s file d a no n-o ffe ring pro spe c tus to ta ke the Co mpa ny pub lic o n the Ca na dia n Se c uritie s E xc ha ng e • Co mpa ny sho uld sta rt tra ding in e a rly Oc to b e r 2017 • Sinc e Ma y 2016, Auxic o ha s ra ise d o ve r $3.5 millio n with hig h ne t-wo rth inve sto rs in priva te pla c e me nts • Co mmo n sha re s issue d a t $0.25 pe r sha re • No wa rra nts • Auxic o pre se ntly ha s 35,810,000 sha re s o utsta nding .

CAP ST RUCT URE • Co mmo n sha re s – b a sic 35,810,000 • Optio ns ($0.25 / F e b rua ry 2022) 2,475,000 • Wa rra nts ($0.25 / Aug ust 2022) 16,600 • Co mmo n sha re s – fully dilute d 38,301,600 All c o mmo n sha re s o f Auxic o b e c o me fre e tra ding upo n listing , a s the y a re q ua lifie d b y the Co mpa ny’ s pro spe c tus. I nside rs o f Auxic o o wn / c o ntro l 23% o f the sha re s o utsta nding .

ZAMORA Y RT Za mora Silve r- Gold D PROPE Ma za tla n Prope rty HE T Culia c a n ON OF R-GOL I VE OCAT L SI L

RY D DISCOVE AGUAMAS W GOL A NE

N L a F r anc a Mine E l T r iunfo Mine Ca mpa nilla s Mine Don Ig na c io Mine Na za re no Mine AGUAMAS GOL D MINE NE W DISCOVE RY Chic o Pic o 13.03 g / t Au o ve r 3m Ja r illa s Mine 110m mine ra lize d b re c c ia g ra ding 0.40 g / t AU Pe rig ue te Mine 8 g / t Au Ag ua ma s 2 Mine Ag ua ma s 1 Mine L a India Mine L os Oba te l Mine L os Olote s Mine Za mor a Mine / L a Ca mic hina He a dfr a me Rosa Ma r ia Adit Rosa Ma r ia Histor ic Site (pla nt) T r inic a n Mine T rinic a n QV/ Bre c c ia Propose d Site of Auxic o’s 200 tpd Pla nt 5-10m wide Junta s Mine ? Sc a le E xte nsive b re c c ia , 1 km ma y b e se ve ra l 350m wide hundre d me tre s wide b re c c ia Proje c te d Ve in Syste m

AGUAMAS 2017 0.85 g / t Au/ 50m inc luding 13.07 g / t Au/ 3m – JUNE RY AT ? SCOVE WORK D DI NT CE W GOL RE NE ?

AGUAMAS GRAB SAMPL E S • T he se sa mple s we re ta ke n fro m Ag ua ma s 1 a nd Ag ua ma s 2 a re a s whic h a re a ppro xima te ly 130m AGUAMAS 1 a pa rt. Sa mple Numbe r ZAM2017- 40 34.05 g / t Au, 97.78 g / t Ag AGUAMAS 2 AGUAMAS 2 Sa mple Numbe r ZAM2017- 44 Sa mple Numbe r ZAM2017- 43 14.87 g / t Au, 192.22 g / t Ag 3.75 g / t Au, 87.4g / t Ag

AGUAMAS CHANNE L SAMPL E S • E a c h o f the sa mple s to the rig ht re pre se nt 1m c ha nne ls whic h a ve ra g e Sa mple Numbe r AGU2017- 48 13.07 g / t Au ove r a true 1m of 5.16 g / t Au, 11.62 g / t Ag width of 3m within a 110m wide g o ld-b e a ring b re c c ia g ra ding 0.40 g / t Au a c ro ss the e ntire width. Sa mple Numbe r AGU2017- 49 Sa mple Numbe r AGU2017- 47 1m of 25.25 g / t Au, 53.36 g / t Ag 1m of 8.80 g / t Au, 20.31 g / t Ag

210M L ONG AGUAMAS T RE NCH

• Mo st o f the histo ric a l mine s a re lo c a te d o n pro mine nt NE tre nding line a me nts Ag ua mas 13.03 g / t Au o ve r 3m Propose d Site of Auxic o’s Ne w 100 tpd Gra vity Pla nt

AS L CAMPANIL MINE

HI GH-GRADE SI L VE R ORE F ROM CAMPANIL L AS Silve r Sulphide Silve r Sulphide Silve r Sulphide F F F ra g me nts ra g me nts ra g me nts • T his sa mple wa s ta ke n in the ma in d rift a t Ca mpa nilla s. T he silve r o re is ho ste d within a n inte nse ly silic ifie d b re c c ia a dja c e nt to the ma in Ca mpa nilla s Silve r Ve in whic h is a b o ut 4m-5m wide a t this po int whe re this sa mple wa s se le c te d. Pre vio us sa mpling a t this lo c a tio n yie lde d 1.1 kg / t Ag a nd 2.2 g / t Au. Assays pe nding fo r this sample . Sa mple Numbe r B00169552 Re sults Pe nding

CAMPANIL L AS MINE I nte nse ly a lte re d, b re c c ia te d, a nd mine ra lize d T he se sa mple s we re ta ke n in a ne wly a c c e sse d pa rt o f Ca mpa nilla s a lo ng a 225m lo ng drift. T he q ua rtz ve in syste m, pre do mina ntly in a NE b e a ring struc ture me a sure s a t le a st 7-8m wide a nd it is c ro ssc ut b y nume ro us NS q ua rtz ve ins. T he inte rse c tio n o f this NE a nd NS struc ture a ppe a rs to b e the c a use o f this wide zo ne , whic h do e sn’ t inc lude the unkno wn width o f the mine ra lize d b re c c ia ho st ro c k

T he Ca mpa nilla s Mine I s lo c a te d ~ 7 km to the NE X ZAMORA MINES NE W La Camichina & Los Olotes Mines DISCOVE RIE S JANUARY 2017 X ROSA MARIA Mine ( mined in the 1800’s ) X TRINICAN Mine X Zamora/Los Olotes Vein X Zamora/Los Olotes Vein

T HE ZAMORA SI L VE R-GOL D PROPE RT Y • T he Za mo ra Pro pe rty is a n histo ric a l pro duc e r o f silve r a nd g o ld; the re ha s b e e n no e xplo ra tio n o n the Pro pe rty in the pa st • AGUAMAS MINE S : Ne w disc ove ry in July, 2017 ha s unc o ve re d a 130m lo ng g o ld struc ture b e twe e n the Ag ua ma s 1 & 2 histo ric mine s. A c ha nne l sa mpling pro g ra m yie lde d 0.40 g / t Au a lo ng a 110m wide g o ld syste m c ha ra c te rize d b y thre e q ua rtz ve ins a nd mine ra lize d b re c c ia , inc luding 13.03 g / t Au ove r 3m • I n 2014, Auxic o c o nduc te d a sa mpling pro g ra m o n 5 o f the 16 histo ric mine s/ pro spe c ts • T he b e st sa mple yie lde d o ve r 14.4 kg o f silve r a nd 19.5 g o f g o ld pe r to nne a t the Ca mpa nilla s Mine • T he ha ng ing wa lls c o nta in la rg e mine ra lize d sto c kwo rk/ b re c c ia syste ms tha t ha ve ne ve r b e e n te ste d o r mine d in the pa st • I nfra struc ture a t Za mo ra is e xc e lle nt: • Clo se to c ity o f Culia c a n (85 km a wa y), c lo se to ma jo r hig hwa y

GRADE VE RI F I CAT I ON • 110m inc luding 13.03 g / t Au ove r 3m (sa mple d b y the Ag ua ma s: 0.40 g / t Au ove r a utho r o f the 43-101 T e c hnic a l Re po rt). F o r the first time , the b re c c ia s ha ve b e e n fo und to b e c a rrying g o ld. • ra nc a : up to 1.72 kg / t Silve r, 12.96 g / t Go ld ( sa mple d b y the a utho r o f the 43-101 T L a F e c hnic a l Re po rt , NOT Y ) PART OF T HE ZAMORA PROPERT • Ca mpa nilla s : up to 14.4 kg / t Silve r, 15.53 g / t Go ld ( sa mple d b y the a utho r o f the 43-101 T e c hnic a l Re po rt) • riumfo : up to 286 g / t Silve r, 2.54 g / t Go ld ( sa mple d b y the a utho r o f the 43-101 T E l T e c hnic a l Re po rt) • os Olote s : histo ric a l va lue s sho wn b e lo w: L up to 6.6 kg / t Silve r, 44 g / t Go ld o ve r 0.5m up to 3.15 kg / t Silve r, 13.4 g / t Go ld o ve r 1.6m ( mine d o ut at the uppe r le ve ls, abo ve -60m, po te ntial at de pth ) • a Ca ma c hina : histo ric a l va lue s up to 5.1 kg / t Silve r, 23.5 g / t Go ld (we ig hte d a ve ra g e L o n the 17m le ve l o f 609 g / t Silve r, 3.1 g / t Go ld mine d o ut) • Chic o Pic o : surfa c e sa mple yie lde d 429 g / t Silve r, 0.12 g / t Go ld ( sample d by the autho r o f the 43-101 e c hnic al Re po rt, ne w disc o ve ry o f a paralle l quartz ve in ), re c e nt disc o ve ry o f a pa ra lle l ve in syste m to T Chic o Pic o

PHASE 1: F AL L 2017 • 1,500m drilling c a mpa ig n a t L o s US$300,000 Olo te s & Ca mpa nilla s • De wa te r L a Ca mic hina $25,000 • Sa mpling , ma pping , me ta llurg y a t $75,000 L o s Olo te s & Ca mpa nilla s $100,000 • Airb o rne g e o physic a l surve y US$500,000 • T OT AL