TSX-V : SNS OTCQX : SLSDF CORPORATE FIRST IN QUALITY PRESENTATION - PowerPoint PPT Presentation

TSX-V : SNS OTCQX : SLSDF CORPORATE FIRST IN QUALITY PRESENTATION UNIQUELY POSITIONED FOR SUCCESS September 2017 1

TSX-V:SNS | OTCQX: SLSDF DISCLAIMER This presentation includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward- looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward- looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws. 2 www.selectsands.com

TSX-V:SNS | OTCQX: SLSDF OUR VALUE PROPOSITION • In demand, high purity Northern White premium silica sand located in Arkansas • Distance advantage • Closer than Wisconsin/Minnesota sources to Texas, Oklahoma, Colorado, New Mexico and Louisiana • Positioning for step expansion to increase capacity significantly • Solid balance sheet and financial position 3 www.selectsands.com

TSX-V:SNS | OTCQX: SLSDF KEY INVESTMENT HIGHLIGHTS • More wells drilled per rig, longer lateral lengths, more frac stages per Strong lateral foot and more sand per frac stage Industry • Rapid technological advancements are making drilling profitability Fundamentals possible at current commodity prices Commercial • High quality and high purity Northern White Silica • Inferred/Indicated Resources of ~90MM tons* • Minimal cap-ex requirement for near term expansion Deposit Significant • Semi regional producer utilizing truck and rail logistics Logistics • Serving: SCOOP/STACK/Woodford, Haynesville, Permian, DJ and Eagle Ford Advantage Optimal • Mild winters, including optimum ground conditions (no sub-zero temperatures) … operational year -round Operating • Arkansas has shown to be Pro-business with a favorable regulatory Environment environment * Bell Farm 49.6MM tons inferred Mineral Resources – Keinfelder , April 2017 4 www.selectsands.com * Sandtown 42.0MM tons Indicated Mineral Resources – Tetra Tech, February 2016

TSX-V:SNS | OTCQX: SLSDF TIMELINE 5 www.selectsands.com

TSX-V:SNS | OTCQX: SLSDF TIMELINE Oct 2015 Dec 2016 Jan 2017 Mar 2017 Jun 2017 FYE 2017 Test Mining of Acquisition of Purchase of Acquire rail Pre-announce Nameplate Sandtown Ozark Premium additional loading facility Q2 volumes capacity of 600K Begins Sand Finalized acreage at double of Q1 for tons by year end Bell Farm frac/industrial New CEO sand Oct 2014 2016 Jan 2017 Mar 2017 Apr 2017 Aug 2017 Acquisition of Mining, Toll First Rail High Volume New 43-101. Actual 2017 Q2 Sandtown Manufacturing Shipment to Multi-year Inferred and frac/industrial Property and sales to O&G Customer Contract indicated at Bell sales volumes industrial Farm and more than 135% markets Sandtown now higher than Q1 ~90M tons * Bell Farm 49.6MM tons inferred Mineral Resources – Keinfelder , April 2017 6 www.selectsands.com * Sandtown 42.0MM tons Indicated Mineral Resources – Tetra Tech, February 2016

TSX-V:SNS | OTCQX: SLSDF SELL SIDE: MORE SAND IS COMING Johnson Rice and Co. We believe the U.S. frac sand market demand is currently running at approximately 70MM tons per year compared to approximately 35MM tons during 2016. We estimate total domestic frac sand market capacity should increase to approximately 73MM tons per year during 2017. The previous peak cycle demand for frac sand was approximately 65MM to 70MM tons per [year]. We estimate that available industry capacity is approximately 95MM tons per year with a meaningful component of that being higher cost. Additionally a percentage of the 95MM tons per year of capacity may not be the appropriate grade [mesh] demanded by the market. (HCLP Initiation, June 22, 2017) Coker Palmer “ ... we think the BHI U.S. working land rig count of ~761 rigs (horizontal + directional) supports annualized demand of ~69mmtpa based on ~5,000 tons per well. A progression to ~6,000 tons per well, which we think will continue to develop this year, would be supportive of ~83mmtpa of annualized demand on flat rig counts. “ (Frac Sand Update, April 28, 2017) KeyBanc Another tailwind for frac sand demand growth is the continuing increase in proppant consumption per well. The amount of frac sand consumed in each well has been driven higher by longer average horizontal well lengths, closer spacing of frac stages along the wellbore and increasing amounts of sand pumped per stage. The average well completion in 2016 used 75% more frac sand than the average well completion in 2014. … .the effect of a 55% increase in the average horizontal rig count and a 20% increase in average proppant loading per well is 70-80% growth in frac sand consumption in 2017. (Energy: Oil & Gas Drilling / Diversified Metals & Mining Industry Update, January 18, 2017) 7 www.selectsands.com

TSX-V:SNS | OTCQX: SLSDF E&P: FRAC SAND INTENSITY IS INCREASING Laredo Petroleum Hess Corp Completed 3 wells with 15,000'+ laterals post 2Q17 We continue to test higher stage counts and proppant loading in Has completed several wells testing 3,300 lbs of proppant per line with our focus on maximizing the value of our DSUs. We lateral foot. Those wells are outperforming the 1.3MMboe type currently have 6 - 60-stage wells online and 11 wells completed curve by 86%. with proppant loading of up to 140,000 pounds per stage. Pioneer Core Labs Version 3+ Completions We are still proponents of longer laterals, more sand, closer North University - LSS – ~9,000’ laterals. 3,000 lbs/ft sand clusters and more stages. I think the complexity of the Hutt - Wolfcamp B – ~9,700’ laterals. 3,000 lbs/ft sand combination of sand that will be pumped will continue to South University - Wolfcamp B – ~9,800’ laterals. 2,500 lbs/ft increase. sand Cabot O&G RPC …they are experimenting for now with more sand not less. The …proppant per stage is higher, and lateral lengths are company also talked about more sand per well in the Marcellus continuing to grow, which yields more proppant per well from both those variables.” Patterson UTI Basic Energy We saw it (sand consumption/well) move slightly up with our … Frac sand usage was up 10% Q/Q… customers…Longer horizontal laterals, combined with advancements in completion designs, are leading to more stages per well. Source: Various public documents 8 www.selectsands.com

TSX-V:SNS | OTCQX: SLSDF STRONG INDUSTRY FUNDAMENTALS US Drilling Activity U.S. FRAC SAND DEMAND SNESITIVITY ANALYSIS U.S. DRILLING ACTIVITY 1,600 (MM TONS) 1,400 Average Sand Per Well (tons) 1,200 4,500 5,000 5,500 6,000 6,500 7,000 7,500 1,000 Horizontal Rig Count 400 23.9 63.5 40.2 43.8 47.5 51.1 54.8 800 500 41.1 45.6 50.2 54.8 59.3 63.9 68.4 600 600 49.3 54.8 60.2 65.7 71.2 16.7 82.1 400 700 57.5 63.9 70.3 76.7 83.0 89.4 95.8 200 800 65.7 73.0 80.3 87.6 94.9 102.2 109.5 0 1-Oct-10 19-Feb-10 16-Apr-10 11-Jun-10 6-Aug-10 24-Nov-10 21-Jan-11 18-Mar-11 13-May-11 8-Jul-11 2-Sep-11 28-Oct-11 22-Dec-11 17-Feb-12 13-Apr-12 8-Jun-12 3-Aug-12 28-Sep-12 21-Nov-12 18-Jan-13 15-Mar-13 10-May-13 3-Jul-13 30-Aug-13 25-Oct-13 20-Dec-13 14-Feb-14 11-Apr-14 6-Jun-14 1-Aug-14 26-Sep-14 21-Nov-14 16-Jan-15 13-Mar-15 8-May-15 2-Jul-15 28-Aug-15 23-Oct-15 18-Dec-15 12-Feb-16 8-Apr-16 3-Jun-16 29-Jul-16 23-Sep-16 18-Nov-16 13-Jan-17 10-Mar-17 5-May-17 30-Jun-17 900 73.9 82.1 90.3 98.6 106.8 115.0 123.2 1000 82.1 91.3 100.4 109.5 118.6 127.8 136.9 Horizontal Vertical + Directional Source: CPI Research 18.3 Wells/Rig SAND CONSUMPTION TRENDS (tons) 2014 Current Potential Horizontal Rig Count 1,275 807 807 Wells/Rig/Year 15 20 24 Horizontal Wells 19,125 16,140 19,368 Sand Use/Horizontal Well 2,800 5,500 7,500 Total Sand Consumption 53,550,000 88,770,000 145,260,000 9 www.selectsands.com