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Investor Presentation May 2018

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Investor PresentationMay 2018

Forward Looking Information

This presentation includes certain statements that may be deemed "forward looking statements". All statements in this presentation,other than statements of historical facts, that address events or developments that Evrim Resources Corp. (the "Company“) expects tooccur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, butnot always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" andsimilar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.

Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions,such statements are not guarantees of future performance and actual results may differ materially from those in the forward lookingstatements. Factors that could cause the actual results to differ materially from those in forward looking statements include marketprices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market orbusiness conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results ordevelopments may differ materially from those projected in the forward looking statements. Forward looking statements are based onthe beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required bysecurities laws, the Company undertakes no obligation to update these forward looking statements in the event that management'sbeliefs, estimates or opinions, or other factors, should change.

Evrim – A Competitive Focus

• Key mineral belts in western North America Golden Triangle, British Columbia

(copper and gold)

South Central BC, British Columbia (copper and gold)

Laramide Porphyry Belt, northwest Mexico and Arizona (copper and gold)

Sierra Madre Occidental, western Mexico (gold and silver)

Golden Triangle,British Columbia

South Central BCBritish Columbia

LaramidePorphyry Belt,

Mexico

Sierra Madre Occidental,Mexico

100%-owned Cuale gold project

6 Joint Ventures, regional alliance

Generative exploration

Cuale Project – New Gold Project in Mexico

• High Sulphidation Epithermal (HSE) gold target in Southern Sierra Madre, Jalisco

• HSE targets are known for their low cost, large scale and long mine life

• HSE deposits in Sierra Madre include• Goldcorp's El Sauzal (1.9 million ounces gold),• Alamos Gold's Mulatos (5.0 million ounces gold)• Agnico Eagle's La India (3.0 million ounces gold)

GOLD 100% owned by Evrim

*1% base metal NSR and 1.5% precious metal NSR payable to Altius Minerals

El Sauzal

La India

Mulatos

Cuale

Cuale Project – Location

• Two hour drive south of Puerto Vallarta

• Agnico Eagle Mines' Barqueño project (663,000 oz gold, 2.2 Moz silver);

• Endeavour Silver's Terronera project (311,000 oz gold, 37 Moz silver)

• 97 km2 claim size

• Excellent infrastructure with roads and power crossing the property

• No known prior exploration

Cuale Project – Initial Exploration

Cuale Project – Initial Exploration

• Initial sampling identified gold in rocks and soils

• Geological traverses identified a 3 x 3.5 km high sulphidation alteration zone

• Phase One program commenced in December followed by Phase Two in February-March 2018

Cuale Project – Phase One Exploration Results

• Initial sampling in 300m triangle of outcropping gold mineralization

• Trenching indicates significant upside;

• Trench #3: 0.61 g/t gold over 20 metres

• Trench #2: 7.4 g/t gold over 9.4 metres

• Trench #1: 0.53 g/t gold over 25.4 metres

Cuale Project – Phase Two Exploration Results

• Shallow subcrop at top of La Gloria zone has allowed for trenching to be effective

• Four trenches have been completed or extended in Phase Two

Trench From To Width Au (g/t) Top Cut Au (g/t) [Cut at 30.0 g/t] Comment

Trench 1 0 351.8 351.8 1.28 n/a Whole trench* Including 44.6 307.8 263.2 1.67 n/a Including 92.3 285.8 193.5 2.09 n/a Including 113.8 121.8 8 5.77 n/a

And 157.8 277.8 120 2.46 n/a Including 187.8 199.8 12 4.25 n/a

And 223.8 235.8 12 3.98 n/a And 269.8 277.8 8 5.22 n/a

Trench 2 0 29.4 29.4 2.94 2.12 Whole trench Including 11.5 29.4 17.9 4.55 3.21 (Overburden to west

exceeded reach by hand) Trench 3 0 53.7 53.7 0.28 n/a Whole trench* Including 21.7 36.7 15 0.76 n/a Trench 4 0 135.6 135.6 10.72 3.03 Whole trench* Including 29.4 135.6 106.2 13.61 3.80 Including 85.6 135.6 50 26.13 5.28 Including 100.6 108.1 7.5 163.3 24.3

Cuale Project – Geology

• Geology from Phase Two is being compiled

• Alteration is hosted in lithic and crystal tuff and felsic intrusive units

• Alteration zones from an outboard and lower elevation low temperature propylitic zone inwards to a central core of high temperature clay and massive to vuggy saccharoidal quartz

• High temperature alteration mapped over 2200 metre x 1500 metre area

• Core ‘La Gloria’ zone contains strong gold

Cuale Project – Geology

Trench 1 Vuggy quartz from Trench 3grading 9.1g/t gold

Saccharoidal quartz and hematite from sample in Trench 4

Cuale Project – Summary

• Very early stage of exploration• Consistent, high grade mineralization at surface with

IP giving confidence in depth potential• Classic high sulphidation textures, geochemistry and

alteration• La Gloria zone a small part of a larger alteration zone

that requires further exploration

Next steps include: • Complete additional trenching, geophysics, soil

survey, mapping; procure drill permits

Evrim Partnerships (past and present)

Exploration Expenditures2011-2017 YTD $22 million

80%Partner FundedPartner

Funded$17.25M

EVM Funded$4.75M

Value Creation Timeline

Ermitaño (drilling/ royalty) Sarape

(drilling)

Axe(drilling)

CerroCascaron

(drilling)

Ball Creek(drilling)

NewmontAlliance

Longer Term JV Exploration

Royalties

EquityInterests

MonetizedJVs

Alliances

LONG TERM: 3 Yrs+MID TERM: 1.5-3 YrsSHORT TERM: <18 mths

EquityInterests

Cumobabi(drilling)

Cuale100%

Ermitaño Royalty Sonora, Mexico

Partnership with First Majestic Silver (TSX:FR)FR is earning a 100% interest subject to a production notice with supporting permits by January 2019 and a 2% NSR to Evrim

• Epithermal gold target located three kilometres from Santa Elena mine boundary

• Discovery drill hole EW16-04 grades 11.4 g/t gold and 86 g/t silver over 18 metres

• Follow up hole EW16-05 grades 7.3 g/t gold and 72 g/t silver over 12.3 metres

• Follow up hole EW16-06 grades 11.5 g/t gold and 633 g/t silver over 8.2 metres

GOLD

2018 est program: 13,000m of drilling

Mineralized zone is 590 metres long, up to 200

metres deep and averages 11 metres thick.

Estimated 20,000+ metres of drilling in 2018

Ermitaño West Long Section

• Undrilled 5,776 hectare low-intermediate sulphidation epithermal gold-silver target

• Located 40 km north of Ermitaño West discovery• Mercedes (Premier Gold) 1.6Moz gold and

17M ounces silver• Santa Elena (First Majestic) 35M ounces silver

and 0.5M ounces gold

Sarape Project LOI Sonora, Mexico

Partnership with Coeur Mining (NYSE:CDE)CDE may earn up to an 80% interest for US$16.5M in exploration, US$2.4M cash, and a compliant feasibility study over ten years

GOLD/SILVER

Sarape

Llano del Nogal

Mercedes (Premier Gold)

Santa Elena (First Majestic)

Sarape

2018 est program: US$500K

Axe & Ball Creek Project JV’s British Columbia

COPPER/GOLD

• Copper-gold porphyry targets• Ball Creek in Golden Triangle and Axe in south central BC• Excellent access with local infrastructure• Up to $3.2 million in exploration in 2018

Partnerships with Antofagasta plcAXE: 70% interest for US$50M on exploration, $800,000 cash, and a compliant PEA over 10 years

BALL CREEK: Up to a 70% interest for US$31 million on exploration or a compliant PFS over 13 years

2018 est program: Up to 4,900m of drilling

• A 69 square kilometre low to intermediate sulphidation epithermal gold target

• Phase one exploration demonstrated the size potential of the Cascaron vein field (18 square kilometres)

• The silver-rich Cascarita prospect encountered very high silver and lead values

Cerro Cascaron

El SauzalPalmarejo

OcampoMulatos

200km

SierraMadre

Occidental

Metates

Tayoltita

Gulf of

California

Cerro Cascaron Chihuahua, Mexico

Partnership with Harvest Gold (TSX.V:HVG)HVG may earn in up to 80% interest with $6M in exploration, $1.1M cash, 2M shares to Evrim, and a compliant feasibility study over nine years

GOLD/SILVER

2018 est program: 3,000m of drilling

Multi-year Alliance with Newmont

• Two-year $1.80 million exploration alliance signed in 2017 with Newmont Mining

• Following the two-year period, Newmont may option one or more projects for cash payments and solely fund exploration for 10 years until a NI 43-101 pre-feasibility study is defined on minimum 2M+ oz gold for an 80% interest

• Evrim may at any time after two-year period exchange equity interest for 2% NSR with 0.5% buydown for up to US$10 million.

Repeat business with major partners reflects Evrim’s generative capabilities

Management

Paddy Nicol, MBA President & CEO

Mahesh Liyanage, CPA, CA Chief Financial Officer

Stewart Harris, B.Sc., P. Geo VP Technical Services

Alain Charest, B.Sc. VP Exploration Mexico

Charles Funk, B. Sc. Hons VP New Opportunities and Exploration

• Over 20 years of public company management

• Served on the boards of several exploration companies

• Over 20 years of experience

• The past 8 years as CFO of several exploration companies

• Over 25 years of mineral exploration experience

• Extensive experience in the Americas

• Over 30 years’ experience• Former CEO of Arcelia Gold Corp.

(private prospect generator in MX)• Record of discoveries

• Over 10 years of experience of exploration and project evaluation

• Wide range of experience in porphyry, epithermal and IOCG deposits.

Non-Executive Directors

Paul van Eeden, B.Sc., Chairman & Director (Independent)• Paul is an independent businessman with over 25 years' experience. He is the president of Cranberry Capital

Inc., which, through its subsidiaries is involved in equity financing, lending, M&A and consulting to mineral exploration companies.

• Paul is well known for his macro economic research on monetary inflation and the gold price.

David Caulfield, P. Geo, Director (Independent)• David, a co-founder of Rimfire Minerals Corporation (now Kiska Metals), plays an integral role in building the

business through its strategic partnerships. • Prior to Rimfire, he was the co-founder and President of Equity Exploration Consultants Ltd., a privately held

geological consulting firm. David served as the 2005 President of the Association for Mineral Exploration of British Columbia (AME BC).

John Thompson, Ph.D., Director (Independent)• John has over 30 years’ experience in geoscience including working with BP Minerals Group (RioTinto), a directorship

with Mineral Deposit Research Unit (MDRU) at the University of British Columbia, and Chief Geoscientist with Teck.• John is the principal of PetraScience Consultants, an exploration, development and technology consulting firm. He is

also the Wold Professor of Environmental Balance for Human Sustainability at Cornell University.

Share Information

Shares

Total outstanding as at (03-30-2018) 77,997,042

Options 100,000 @ $0.18 5,825,000 @ $0.25 (5 years) 5,925,000

Warrants 7,722,579

Total with dilution 91,644,621

Working Capital $5.4 million

Current est. burn rate (including exploration and project acquisition costs)

$150,000

Insider ownership 11.0%

Altius Minerals 17.5%

Adrian Day Asset Mgmt. 17.5%

Sprott/Global Resource Ltd Partnership

~10.0%

More value accretive to hold EVM than a basket of junior explorers