FINDING GOLD IN THE SHADOWS OF HEADFRAMESResource growth through advanced exploration

March 2018

SAFE HARBOUR STATEMENT

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The information set forth in this document contains “forward-looking statements”. Statements in this document, which are

not purely historical, are forward-looking and include statements regarding beliefs, plans, expectations or intentions

regarding the future.

Except for the historical information presented herein, matters discussed in this document contain forward-looking

statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any

future results, performance or achievements expressed or implied by such statements. Statements that are not historical

facts, including statements that are preceded by, followed by, or that include such words

as“estimate,”“anticipate,”“believe,”“plan”, “intend”, “expect”,“may” or “should” or similar statements are forward-looking

statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with the impact of

general economic conditions in countries in which the Company conducts business, the impact of competitive products and

pricing, product demand and market acceptance, new product development, the continuation and development of key

customer and supplier relationships, and the availability of high quality, qualified personnel and management.

Other risks include but are not limited to factors affecting development and expansion activities generally including access to

capital to meet all of the Company’s financial requirements, and the Company’s ability to control costs. There can be no

assurance that the company’s efforts will succeed and the Company will ultimately achieve sustained commercial success.

These forward looking statements are made as of the date of this document, and the Company assumes no obligation to

update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the

forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in

this document are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be

accurate.

This information contained in the document has been prepared by management of the company who takes full responsibility

for its contents. This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the

Company in any jurisdiction.

PROJECT HIGHLIGHTS

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Evolving to a high-grade underground model utilizing

existing infrastructure (closed in 1988)

▪ Existing 300 m shaft and vent raises in place

▪ 6 levels established at depths of 164, 290, 416, 542, 668, 794,

and 920 feet below the shaft collar

▪ Total lateral development of 29,000 feet of drifting,

4,488 feet of crosscutting, and 2,352 feet of raising

Historical gold recoveries of 93.5-95.5%

1988 Citadel Resource* averaged 7.36g/t gold

(508,500 tonnes)

*This estimate at the Citadel Gold Mine is of historic resources and

the Company's geologic team has not yet completed sufficient work

to confirm a NI 43-101 resource. Therefore, the estimates cannot,

and should not be relied upon.

30,000 m in-fill drilling campaign and sampling of

historic core currently underway

RED PINE DISCOVERIES

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Discovery of gold in previously un-sampled historic

core

▪ Grades up to 109 g/t over 0.86 m

Discovery of Minto Mine South Zone and Darwin-

Grace High-grade Zone

▪ 19.92 g/t gold over 3 m (SD-17-73)

▪ 57.31 g/t gold over 3.14 m (DG-17-56)

Discovery of multiple gold structures in the Wawa

Gold Corridor

Discovery of high-grade gold zones in the Jubilee

Shear Zone and its northern extension

▪ 15.7 g/t gold over 2.2 m (SD-17-95)

▪ 56.8 g/t gold over 1 m (SD-17-107)

▪ 5.28 g/t gold over 14.55 m (SD-17-173)

WAWA GOLD PROJECT

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60%

40%

Red Pine Citabar LP.

Ownership

Right of first refusal on Citabar’s 40% stake

DISTRICT SCALE POTENTIAL

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In a prolific greenstone belt, surrounded by producing gold assets (Av. grade > 5 g/t)

HEMLO Barrick

30 Moz

EAGLE RIVER Wesdome

1.5 Moz

MISHI Wesdome

1.5 Moz

ISLAND GOLD Alamos

2 Moz

TIMMINS (Various)

>67 Moz

MAGINOArgonaut

5.1 Moz

BORDENGoldcorp

1.9 Moz

WAWA

GOLD PROJECT

Sedimentary rocks

Mafic intrusives

Granitoid plutons

Greenstone terranes

Operating mine

Advanced exploration project

LAND PACKAGE

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Historic average Grade >9 g/t Gold

Mine Tonnes MilledGold Grade

(g/t)

Gold

Recovered

(Ounces)

Mariposa 8 72.99 19

Darwin-Grace 41,302 13.27 17.634

Parkhill 114,096 14.81 54,298

Van Sickle 8,372 6.34 1,710

Cooper 4,435 11.42 1,627

Jubilee

Minto

107,930

57,335

4.29

12.5636,178

Surluga 86,082 3.12 8,626

Total 419,560 9.04 120,093

5,568 hectares

RED PINE DISCOVERIES - 3 EXPLORATION TARGETS

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Contained ounces in the combined 3 Exploration Targets

ranging from 0.725 Moz to 3.0 Moz*

Part of a coherent system –the Wawa Gold Corridor is a large gold system

All zones remain un-tested along strike and down-dip

Additional discoveries expected based on historic operations

Wawa Gold Corridor

3 Exploration Targets

▪ Hangingwall-Footwall Exploration Targets

0.5 Mt to 3.5 Mt at 4 g/t to 9.5 g/t gold

▪ Surluga Exploration Target

3 Mt to 5 Mt at 4.9 g/t to 6.5 g/t gold

▪ Minto-Darwin Exploration Target

1.5 Mt to 3 Mt at 4.0 g/t to 10 g/t gold

*The Reader is cautioned that the potential tonnages and grades of the

Exploration Targets are conceptual in nature, that there has been

insufficient exploration to define a mineral resource and that it is

uncertain if further exploration will result in any of the Exploration

Targets being delineated as a mineral resource.

WAWA GOLD CORRIDOR CROSS-SECTION

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The Reader is cautioned that the potential

tonnages and grades of the Exploration Targets

are conceptual in nature, that there has been

insufficient exploration to define a mineral

resource and that it is uncertain if further

exploration will result in any of the Exploration

Targets being delineated as a mineral resource.

Hangingwall-Footwall Exploration Target

0.5 Mt to 3.5 Mt at 4 g/t to 9.5 g/t gold

Surluga Exploration Target

3 Mt to 5 Mt at 4.9 g/t to 6.5 g/t gold

▪ Resource advancement

▪ Utilize existing shaft and drifts`

MINTO-DARWIN EXPLORATION TARGET

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1.5 Mt to 3 Mt at 4g/t to 10 g/t

The Reader is cautioned that the potential tonnages and grades of the

Exploration Targets are conceptual in nature, that there has been

insufficient exploration to define a mineral resource and that it is

uncertain if further exploration will result in any of the Exploration

Targets being delineated as a mineral resource.

2 Zones

▪ Minto Mine South

▪ Grace-Darwin

Evidence of systematic stacking of multiple gold zones in Wawa Gold

Corridor

19.92 g/t gold over 3 m (SD-17-73) - similar grade and widths to Alamos’ Island

Gold Mine

MINTO MINE SOUTH ZONE – POTENTIAL BULK SAMPLE TARGET

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Minto Stockwork

“mineralization halo” adding gold to MMSZ inventory

Conceptual Ramp at Minto Mine South Zone

GRACE-DARWIN ZONE

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12 holes drilled in 2016/2017

> 750-metres strike length

Near-surface high-grade gold mineralization

▪ 23.10 g/t gold over 8.14 m (DG-17-56)

Parallel system to the Minto Mine South Zone

WHY INVEST IN RED PINE?

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3 EXPLORATION TARGETS ON PROPERTY

▪ Contained ounces in combined Targets ranging from

0.725 Moz to 3.0 Moz gold

▪ Low exploration cost $5.34/oz (at 0.725 M oz) to

$1.07/oz (at 3.0 M oz)

The Reader is cautioned that the potential tonnages and

grades of the Exploration Targets are conceptual in

nature, that there has been insufficient exploration to

define a mineral resource and that it is uncertain if

further exploration will result in any of the Exploration

Targets being delineated as a mineral resource.

2018 CATALYSTS

▪ 30,000 m in-fill drilling program

▪ Logging and sampling of remaining historic core

▪ NI 43-101 on high-grade Minto Mine South Zone

▪ Revised NI 43-101 resource on the Surluga Deposit

▪ Initiation of PEA

VALUE PROPOSITION

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Several near-term value catalysts

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2

3

4

RPX Today

2018 Q2/Q3

2018 Q3/Q4

2018 Q4

• Moving from

exploration

to delineation

• Initiate updated

NI43-101 resource

on Surluga Deposit

• New NI43-101 resource on

Minto Mine South Zone

• Advanced exploration

permitting commences

• Initiate PEA

CAPITAL STRUCTURE

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Red Pine Exploration Inc. Symbol : RPX

Listed exchange TSX-V

Market capitalization $20 M

Common shares outstanding 283.7 M

Warrants97.6 M

($0.05-0.25)

Options11.3 M

($0.055-0.50)

Fully diluted shares 392.6 M

Working capital $2.9 M

Recent share price$0.07

(Feb. 28, 2018)

52-week high-low $0.155 - $0.065

Listed exchange TSX-V

78%

18%

4%

Retail Management US Global

Shares Held

Coverage by

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PROVEN TEAM

QUENTIN YARIE, P.Geo.PRESIDENT AND CEO

Geophysicist with >25 years mineral exploration experience; involved in

Malartic Mine discovery; Noront’s Nickel Deposit discovery; KWG

Chromite deposit discovery

JEAN-FRANÇOIS MONTREUIL, Ph.D.CHIEF GEOLOGIST

>8 years of experience defining complex hydrothermal systems related

to base-metals, gold and uranium deposits in Canada

CRAIG SCHERBA, P.Geo. VP EXPLORATION

>17 years experience; Nevsun Resources’ Bisha Project discovery;

NextSource Materials’ Molo Graphite Project discovery

TARA GILFILLAN, CPA, ICD.DCFO

Finance executive and entrepreneur with >20 years experience in

mining sector

CONRAD DIX, P.Geo.SENIOR PROJECT GEOLOGIST

>20 years multifaceted mineral exploration expertise; involved in

Glencore-Raglan mine expansion

BOARD OF DIRECTORS

PETRA DECHERCHAIR

Finance executive with >15 years in the mining industry. Former VP

Finance at Franco-Nevada Corporation and Director at Integra Gold

Corp.

ELGIN WOLFEAccomplished and successful businessman; President of King River

Development Ltd. and Tri-main Development LLC.

PETER KAMPIANFinance executive with >30 years of experience; CFO at Metrum Health

Corp.; CEO at Edge Financial Consulting Services Inc.

QUENTIN YARIE, P.Geo.PRESIDENT AND CEO

BRENT NYKOLIATION>15 years in senior management roles; VP Corporate Development at

NextSource Materials Inc.

DR. ROBERT DODDSEXECUTIVE DIRECTOR OF MINE DEVELOPMENT

45 years in the mining industry, former CEO of Augustine Ventures Inc.

TECHNICAL ADVISORS

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MACKENZIE WATSON, P.Geo. P.Eng.

> 50 years experience in the exploration, development, and mining

industry; involved in the discovery of numerous mineral deposits in

Canada; Mining Hall of Fame inductee

DR. JAMES FRANKLIN, FRSC, P.Geo.

World renowned researcher with >40 years expertise in gold

deposits; former Director of the Geological Survey of Canada; past

President of both the Geological Association of Canada and the

Society of Economic Geologists

DR. JEAN-PHILIPPE DESROCHERS, P.Geo.

>20 years experience in mineral exploration;

former VP Exploration at Eagle Hill; Osisko Mining

Windfall discovery

DR. ROBERT DODDS, Ph.D., P.Eng.

EXECUTIVE DIRECTOR OF MINE DEVELOPMENT

>45 years experience in the mining industry

including exploration, development and

production; former Manager and Operator at a

gold mine in Northwestern Ontario

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Investor Relations

and Corporate Development

MIA BOIRIDY, M.Sc.

mboiridy@redpineexp.com

Corporate Office

145 Wellington Street West

Suite 1001

Toronto, ON M5J 1H8