Growing Gold Deposits in Val dOr Quebec March 2019 Alexandria - PowerPoint PPT Presentation

Growing Gold Deposits in Val d’Or Quebec March 2019

Alexandria Minerals is a Canadian gold exploration and development company focused on its premier property in Val d’Or, Québec 2

12 Months of Progress at West Cadillac Break 1. Completed 12,200 m of drilling for more than 35 holes; 2. Discovered new gold Bearing Zones on western Cadillac Break: Bulldog Zone and new Gold Zones South of Cadillac Fault; 3. High potential to increase Gold resources nearby Zone 4. 3

Large land package; prime location  Political stability  >100 million ounces mined in the area  Infrastructure rich Prolific mining region 4

Val d’Or, Quebec: Infrastructure-Rich, Mining-Friendly Alexandria’s 35 km long Cadillac Break Property hosts 3 gold deposits and many prospects along an underexplored portion of the Cadillac Break West Cadillac Break Target 5

West Cadillac Break Targets testing 5 km along the Orenada Zone 4 trend 6

Near Surface Deposit at Orenada Zone 4 and Western Extension Drilling focused on 0-300 metres depth  Bulldog Zone: recent assays up to 10.9 g/t gold over 4.5 metres and 7.2 g/t  gold over 5.2 m Gold Bearing in Pontiac sediments: recent assays up to 5.3 g/t gold over 3.6  metres included in 2.0 g/t gold over 21.1 m the probable existence of Archean Porphyry Gold mineralization which has  very good similarities to the Canadian Malartic Mine. Low cost discovery: all-up costs of $18/ounce   Easier & cheaper to explore 7

Current Resources from 2019 Orenada Zone 2-4 near surface (2018) Cut-off Tonnes Grade Gold (oz) Indicated Open Pit 0.4 g/t Au 3,563,000 1.54 g/t 176,085 Underground 2.0 g/t Au 191,000 3.00 g/t 18,437 Inferred Open Pit 0.4 g/t Au 1,470,000 1.38 g/t 65,118 Underground 2.0 g/t Au 609,000 3.12 g/t 61,141 Other deposits OAX-17-210 Akasaba – Sleepy Oz Gold Indicated 248,633 Inferred 558,299 0 5cm Resource estimations: Orenada (Innovexplo, 2018), Akasaba and Sleepy (Geopointcom, Geologica, 2013 and 2014 respectively). 8

Building A New Gold Deposit Resources 2018 (43-101) Category Oz Gold Indicated 194,522 Inferred 126,259 9

New Discovery Bulldog Zone 10

New Gold bearing in Pontiac Sediments 11

2019 Drilling Program Planned  Planned 5,000 metres of drilling in winter 2019  Target 1: Defining and expanding the new Bulldog Zone  Target 2: Follow-up on new Gold Bearing in Pontiac Sediments Target 1 Target 2 12

Next steps Follow-up drilling to enlarge gold deposit in Val d’Or • Confirme and enlarge the new Discovery Bulldog Zone. • Identification of new targets south of the Cadillac Fault. • Compilation of western Cadillac Break targets underway • Ongoing interpretation, logging, geological and structural model; block model and wire-frame development 13

Summary of Highlights • Near term news: active exploration drill program • Medium term goals: discovery to new resources • Strong market comparables • Efficient economics of shallow drilling 14

Alexandria Minerals Corporation Strong partners Ownership:  Management/insiders 7% Shares outstanding: 515,874,369  Agnico Eagle 8% Shares fully diluted: 654,403,797  Eric Sprott 7% Market cap: $15.5 million  Teck 2% 52-week range: $0.02 - $0.10  IAMGOLD 2% Recent price: $0.030  Gabelli 1% Cash & current assets: ~$1,500,000  US Global, AIS, Dundee Other funds and accredited investors own ~30% TSX-V: AZX FRANKFURT: A9D OTCQB: ALXDF 15

Who We Are Management WALTER HENRY Acting President & CEO MARIO A. MIRANDA CFO, BA,CA,MFIN Mr. Henry brings more than 25 years of capital Over 20 years in the domestic and international markets and leadership experience having served mining and energy industry with companies as CEO of 4 publicly traded junior companies while operating in exploration, development and also serving as VP, Finance and CFO with several production stage including Kinross, Lakeshore public companies listed on the TSX and TSX Gold, Pacific Rubiales, Bolivar Gold and Coalcorp Venture Exchange, including Tiberon Minerals Ltd., Mining as Director Financial Reporting, VP and Royal Nickel Corp., Juno Special Situations Corp., CFO. and Alturas Minerals Corp. PHILIPPE BERTHELOT Vice President Exploration Over 30 years experience in exploration, with focus in Québec, contribute to the discovery of the Langlois mine and building Desjardin Discovery Deposit and Lac Pelletier Gold deposit. 16

Who We Are Board of Directors PETER GUNDY Chairman of the Board GARY O’CONNOR Director Extensive business and mining experience in finance, VP Exploration, Dundee Resources Ltd governance and operations More than 30 years global experience with Gabriel Founder of PotashCorp, now a $20 billion company Resources, Freeport-McMoran, BP Minerals and Others Founder of Neo Material Technologies, sold for $1.3 billion Instrumental in the discovery and growth of numerous large gold and base metal deposits (Rosia Montana, Wabu, Etna Bay, Mamoa) PRIYA PATIL Director WALTER HENRY Director 20 years experience as senior executive, investment Acting President and CEO, Alexandria Minerals Corp. banker and corporate lawyer President and CEO, Frontline Gold Corp Toronto Stock Exchange; PI Financial Corp; 25+ years experience in finance and mining including Loewen, Ondaatje, McCutcheon Limited, GMP, CIBC, BNP Paribas and PricewaterhouseCoopers Dundee Securities and Breakwater Resources MARK ASHCROFT Director President and CEO of Aurelius Minerals Inc. 25+ years in the global mining industry and the North American and European debt and equity markets. 17 Discovering Mines of the Future

Facebook: https://www.facebook.com/AlexandriaMinerals 1 Toronto Street Suite 201, P.O. Box 10 Twitter: https://twitter.com/azxmineralscorp Toronto, ON M5C 2V6 YouTube: http://www.youtube.com/AlexandriaMinerals 416.363.9372 Flickr: http://www.flickr.com/alexandriaminerals/ www.azx.ca LinkedIn: http://www.linkedin.com/company/alexandriaminerals DISCLAIMER Some of the statements contained in this presentation are “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as; ability to raise financing for further exploration and development activities; risks relating to the estimates of reserves, deposits and production costs; extraction and development activities; the risk of commodity price fluctuations; political regulatory and environmental risks; and other risks and uncertainties in the reports and disclosure documents filed by Alexandria Minerals Corporation from time-to-time with Canadian securities regulatory authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Complete Company reports including management’s discussion and analysis, financial statements and notes can be found on our Company’s website at www.azx.ca and on SEDAR at www.sedar.com. 18

THANK YOU 19