CORPORATE PRESENTATIONAUGUST 2020

CSE: AUCUinflectionresources.com

Certain disclosure may constitute "forward-looking statements" within the meaning of Canadian securities legislation. In making the forward-looking statements, the Company has applied certain factors and assumptions that the Company believes are reasonable. However, the forward-looking statements are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such uncertaintiesand risks are described from time to time in the Company's filings with the appropriate securities commissions, and may include,among others, market conditions, delays in obtaining or failure to obtain required regulatory approvals or financing, fluctuating metal prices, the possibility of project cost overruns, mechanical failure, unavailability of parts and supplies, labour disturbances, interruption in transportation or utilities, adverse weather conditions, and unanticipated costs and expenses, variations in the cost of energy or materials or supplies or environmental impacts on operations. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

The scientific and technical information has been reviewed and approved by Mr. Carl Swensson (FAusIMM), Inflection’s Vice President of Exploration, and a “Qualified Person” (“QP”) as defined in National Instrument 43- 101 – Standards of Disclosure for Mineral Projects.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

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Investment Highlights TEAM▪ Highly-technical team of mine-finders with strong capital

market expertise

JURISDICTION▪ Exploring Australia’s mining-friendly, world-class Au and Au-

Cu rich districts

PROJECTS 100% OWNED▪ District scale land positions in NSW. Largest holder of

exploration licenses & applications in the Lachlan Fold Belt

DISCOVERY READY▪ Twenty large, drill-ready Au and Au-Cu targets in the

Northern Lachlan Fold Belt

SHAREHOLDER ALIGNMENT▪ Management and insiders have substantial ownership

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Inflection is comprised of a highly accomplished technical

team with an outstanding track record of discovery.

Three principal exploration initiatives in mining-friendly

jurisdictions within Australia:

NORTHERN NSW PROJECTS

Targeting large, undercover Au & Au-Cu deposits in the northern

extension of the Lachlan Fold Belt (LFB) in NSW. Inflection has

identified 20 large drill-ready targets, all 100% owned.

CARRON GOLD PROJECT

Targeting high-grade gold along strike from the historic Croydon

Goldfields in Queensland. The Company controls 30 km of untested

NW trending structures. 11 high-priority drill targets.

ARTIFICIAL INTELLIGENCE PROJECTS

Using Artificial Intelligence (AI) technology to identify new mineral

deposits in the data rich southern LFB. Follow up work by the

Company has identified a number of high priority targets.

INTRODUCTION

4CSE: AUCU

Trading symbol – CSE: AUCU

57,163,184 shares outstanding

Tightly held share structure▪ Strong alignment with shareholders

▪ Management and insiders own 38.25%

Strong institutional support▪ Resource Capital Funds

▪ Sprott Inc.

▪ Plethora Private Equity

CAPITAL STRUCTURE

Warrants and options outstanding:

▪ 22,490,000 warrants - $0.30-0.40

▪ 3,990,000 options - $0.20-0.30

▪ 1,680,000 broker options and warrants - $0.25-0.40

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• 30 years of combined experience in capital markets, mining and mineral exploration / development.

• Previously served as Director, Research Analyst, Metals and Mining (Canaccord Genuity Corp.), Vice President of Research and

Institutional Sales and President and CEO of a wholly owned US subsidiary (PI Financial).

• Most recently was President and CEO of Exeter Resource Corp. which controlled the Caspiche Au – Cu deposit in Chile. Exeter

was successfully purchased by Goldcorp in June 2017.

Wendell ZerbChairman

BSc. P. Geo.

• Geologist with over 25 years of diverse mineral exploration, development and capital market experience.

• A founder and former CEO of GoldQuest Mining Corp., focused on generative exploration in the Dominican Republic.

• Previously Vice President - Greenfields Exploration for Kinross Gold Corp. with global mandate to develop new exploration ideas.

• Founder and Chairman of Headwater Gold focused on exploration in Nevada, Idaho and Oregon.

• Lived and worked in Australia, Canada, Bolivia, Venezuela, Peru, Ecuador, Chile and the Dominican Republic.

Alistair WaddellPresident, CEO & Director

BSc.(Hons.) MAusIMM

• Geologist with over 30 years of extensive global experience in mineral exploration and resource assessment.

• Former Chief Geologist of Exploration for Normandy Mining from 1989 to 2002, when company grew from $100 Million to a $4.9 Billion market

capitalisation.

• Wide-ranging, global field experience in most commodities and deposit styles for gold, base metals, lithium, uranium, diamonds, coal and graphite.

Carl SwenssonVP Exploration

BSc. FAusIMM

Tero KosonenNon-Exec. Director

MSc. (Econ.)

Cecil R. BondNon-Exec. Director

CPA, CA

Dr. Stuart SmithNon-Exec. Director

BSc. PhD

• Co-Founder and Director of Ore Capital Partners, a private equity/venture capital group investing in mineral exploration opportunities globally.

• Lived in Asia since 1994 and has over 20 years of experience in regional management roles, entrepreneurial ventures and investments in natural

resources.

• Holds a Master’s degree in Economics and has also studied law and Mandarin Chinese.

• Chartered Professional Accountant (CA) with over 20 years of global experience in the junior resource and mining industry serving

as a director or senior executive of companies listed on the TSX, TSX-V, ASX, AIM and NYSE markets.

• Former CFO of Exeter Resource Corp, until it was acquired by Goldcorp in June 2017 and VP Finance of Extorre Gold Mines Ltd.

until it was acquired by Yamana Gold.

• Geologist with 30 years global experience from project generation through to mine geology.

• Former Technical Director – Strategy and New Projects as well as Specialist – Global Copper for Teck Resources Ltd.

• Previously Chief Geologist for the Oxiana-OZ Minerals-MMG group of companies.

• From 1995-2001 worked in the heart of the Macquarie Arc including time spent working at Northparkes Mines.

• Has a detailed understanding of the geology and exploration of Macquarie Arc porphyry systems.

INFLECTION MANAGEMENT

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Major mines in belt

include:

Cadia – Ridgeway (Au-Cu)

Newcrest Mining Ltd.

Cowal(Au)

Evolution Mining

Northparkes(Cu-Au)

CMOC (China Molybdenum Co.)

WHY NSW &

THE LACHLAN

FOLD BELT?

▪ Australia’s foremost Au & Au-Cu

porphyry belt.

▪ New South Wales is

pro-mining with an exceptional

mining culture.

▪ The Macquarie Arc in the Lachlan

Fold Belt is home to several

world-class mines.

▪ Massive quantity of quality pre-

competitive geological data

compiled by government of NSW

and Geoscience Australia.

https://minview.geoscience.nsw.gov.au/

For further reading:

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- Focused on Australia’s

leading porphyry belt.

- 100% ownership.

- Highly-strategic, district-

scale position in the

Macquarie Arc.

- 549,000 ha of

Exploration Licenses and

Applications.

INFLECTION

LAND

POSITION

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INFLECTION IN NEW SOUTH WALES

▪ Large portfolio of major targets covered by 24 Exploration Licenses and applications totaling 549,000 ha in New South Wales - all 100% owned.

▪ Inflection is the biggest owner of exploration tenements and applications in the Macquarie Arc, part of the Lachlan Fold Belt.

Inflection’s NSW projects can be broadly divided into two groups:

NORTHERN NSW PROJECTS

Large undercover Au-Cu targets generated by highly

accomplished team of exploration geologists who employ high-

quality traditional targeting methodologies.

ARTIFICIAL INTELLIGENCE PROJECTS

Targets generated by expert technical team that utilizes

proprietary Artificial Intelligence software to analyze the large

NSW Geological Survey database.

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▪ Highly technical Geoscientists

and accomplished mine-finders.

▪ Multiple mine discoveries

accredited to the team.

▪ Completed comprehensive

study of geophysical, geological,

mineral occurrence and

geochemical data from the

NSW Geological Survey.

▪ Generated large portfolio of

Tier-1 drill-ready targets that

are 100% owned by the

Company.

Geologist with 30 years’ global

experience. Formally the

Exploration Manager, Global Base

Metals for BHP and has a personal

discovery record of >2 Moz gold.

Mark DugmoreMSc, MAusIMM

Dr. Darryn HedgerPhD, MAusIMM

Geologist with over 30 years’

global experience. Former Senior

Geochemist for BHP, involved in the

discovery of several gold and uranium

deposits in the Northern Territory.

Geologist with 40 years’ global

experience. Formerly Chief Scientist for

Western Mining Corp and Chief

Geologist, Business Development for

BHP. Part of discovery team for Olympic

Dam, Ernest Henry & Yandan. Member

of the Ivanhoe Kamoa discovery team.

Dr. Douglas HaynesPhD, AIG

Bob SkrzeczynskiMSc, MAusIMM

Geologist with 40 years’ global

experience. Senior manager with BHP

and led numerous exploration teams.

Managed team that discovered

Cannington.

NORTHERN NSW PROJECT –TECHNICAL TEAM

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Technical team

targeted concealed,

interpreted

extensions of the

prospective

geology under

post-mineral

sedimentary cover.

First-pass targeting

used government

regional airborne

magnetic data.

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NORTHERN NSW AIRBORNE SURVEY

Inflection flew a ~15,000 line km high

resolution magnetic survey on 100 m

spaced lines to provide considerably

higher definition for targeting.

3D Magnetic Vector Inversions (MVI)

built for enabling detailed

interpretation and construction of

geological model.

Targets to be

systematically tested

by first-pass drill

program in 2020.

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Trangie, Beleringar, Boggy, Myallmundi and Mungeribartargets.

Drill targets generated from Interpretation of all public and propriety geological and geophysical information such as airborne magnetic and gravity data.

Pronounced NW trend of apparent zoned intrusive centers identified.

Multiple new Tier-1 scale targets – all to be drill tested for the first time.

50 m spaced 1VD airborne magnetics with interpreted

sub-surface geology and proposed drill holes

NORTHERN

NSW TARGET

GENERATION

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Drill core photo (hole EM 17-01): Epidote - Bornite in hornfelsed Ordovician volcanics

Magnetisation constrained 3D model with drill hole

MACQUARIE PROJECT – NORTHERN NSW

▪ 143m deep drill hole (East Marra 17-01) drilled by Antofagasta

Minerals Plc. intersected post mineral sedimentary cover

followed by 7m of magnetic hornfels basement from 136m.

▪ Dating confirms Ordovician age of basement equivalent to

Goonumbla Volcanics (host to the Northparkes Cu-Au mine).

▪ Petrographic work confirms a mineralized biotite-magnetite

hornfels with veining containing quartz, magnetite, amphibole,

garnet, epidote and chlorite with blebs of bornite and

chalcopyrite.

▪ Bottom of hole returned weakly anomalous copper (128ppm)

and gold (49 ppb) values.

▪ Antofagasta pulled out of Australia without completing follow-

up.

▪ Porphyry target not tested. Inflection will test principal

magnetic anomaly as a priority.

MARRA

SURFACE

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NORTHERN NSW – EXCELLENT INFRASTRUCTURE

Mining-friendly

jurisdictions with

major mining

operations nearby.

Well located in terms

of infrastructure;

paved roads, airports,

power &

accommodation.

Projects located on

barren bushland or

large commercial

farms.

Cost effective

exploration – no

need for helicopters

or remote camps.

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Inflection has partnered with a technical team at the

forefront of Artificial Intelligence (AI) & machine learning.

▪ AI and machine learning reduces exploration risk by increasing the

efficiency of exploration in data rich environments such as southern

NSW.

▪ Artificial Neural Networks are used for predictive modeling.

Algorithms identify and predict hidden patterns and trends in

verified, complex and seemingly unrelated data.

▪ Process predicts the likelihood of mineralization in specific areas.

▪ A study of southern NSW generated a number of targets on license

free ground.

▪ Inflection has built portfolio of 100% owned Exploration Licenses

covering several key areas of interest.

ARTIFICIAL INTELLIGENCE PROJECT –TECHNICAL TEAM SOUTHERN NSW

Expert in probability theory and its application to data

mining and machine learning. Previously professor of

Computer Science at the University of Sussex.

Dr. Peter Williams

Former Chief Geophysicist and Director of

Exploration Technology for Newmont.

Dr. Colin Barnett

Richard K. Gorton

Former Director of New Business Opportunities and

Exploration Manager for Newmont North America.

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MACHINE LEARNING: THE PROCESS

Input: Cleansed

Geological Data

Application of

Neural Networks

Algorithms

Output: Probabilistic

Prospectivity Map

Sharply focused target map which

requires follow-up exploration.World-class NSW government compiled

geological database.

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▪ Exploring for high-grade orogenic vein and intrusion related gold systems analogous and along trend from the Croydon Goldfields.

▪ Croydon is one of Queensland’s significant gold camps with >1Moz Au production with historic average grades of 35 g/t Au* widely reported.

▪ Project generated by northern NSW technical team led by Dr. Douglas Haynes.

▪ Multiple high-grade targets over ~30 km – Never drill tested.

▪ Targets lie under shallow sedimentary cover estimated to be ~30–100 m thick

▪ Current 50% ownership.

▪ Option to earn up to 70% interest by investing AUD$1M.

▪ Pathway to earn a 100% interest.

CARRON GOLD PROJECT QUEENSLAND

18CSE: AUCU*Van Eck M, Child R 1990 - Croydon Gold deposits: in Hughes F E (Ed.), 1990 Geology of the Mineral Deposits of Australia & Papua New Guinea The AusIMM, Melbourne Mono 14, v1 pp 979-982

CARRON GOLD PROJECT

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▪ 52,200 ha exploration licenses and

applications.

▪ Interpreted, north-west concealed extension

of Croydon mineralization located under

post-mineral cover.

▪ High-grade (+1 oz/t) reefs at the Croydon

Goldfields trend in a northwesterly direction.

▪ ~30 km strike length of un-tested drill targets.

Inflection has completed

the following:

CARRON GOLD

PROJECT

Airborne magnetics RTP 1VD Greyscale with drill

targets and interpreted sub-surface geology.

Planned work program:

▪ Flew 3,855-line km of 50 m spaced airborne magnetics.

▪ Constructed a 3D geological model.

▪ Completed 3D Magnetic Vector Inversion (MVI) modelling.

▪ Defined 11 drill targets.

▪ Complete a first-pass drill program over

the highest priority targets.

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CONTACT:

Alistair WaddellPresident and CEO

info@inflectionresources.com

CONNECT:

Inflection Resources

www.inflectionresources.com

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