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ADVANCING A PROSPECTIVE PORTFOLIO TO DISCOVERY SUCCESS Gold - Silver - Copper www.reveloresources.com CORPORATE PRESENTATION OCTOBER 2016

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ADVANCING A PROSPECTIVE PORTFOLIO TO DISCOVERY SUCCESS

Gold - Silver - Copper

www.reveloresources.com

CORPORATE PRESENTATION

OCTOBER 2016

CAUTIONARY STATEMENTS

2

Certain statements contained in the following presentation constitute forward-looking statements. Such forward looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Dr. Demetrius Pohl, PhD., Certified Professional Geoscientist (CPG), an independent consultant, is the Company’s Qualified Person for the purposes of National Instrument 43-101 Standards of Disclosures for Mineral Projects of the Canadian Securities Administrators, and is responsible for the accuracy of, and has verified, the technical information in this presentation and has approved its written disclosure.

3

Corporate Summary

PORTFOLIO

PROSPECT GENERATOR

Prospect generation through in-house exploration

Secure Option & JV Partners to progress and fund advanced exploration - including drill testing

Multiple targets giving multiple chances of success

KEY FINANCIALS

Stock Price C$0.075 (Oct 2016)

Shares Outstanding 128M (Oct 2016)

Market Cap C$9.6M (Oct 2016)

Cash Position C$2.1 (Jul 2016)

300,000 Ha of total mineral property exposure

22 projects prospective for gold, silver and copper

100,000 Ha (3 projects) subject to 3rd party expenditures

>US$100M exploration spend by previous owners

Chile - One of the world's top mining jurisdictions

3 acquisitions, 1 merger

22 projects

+/- 45 targets

4

Business Model

1 Royalty Asset (non producing)

Developing a portfolio of Royalty options

Heavy lifting by partners

1 JV with participating interest (Newmont)

1 Option & Sale Agreement (Austral Gold)

Pursuing new partners

Organise & revalidate databases

Re-interpret & re-define targets

Add value through low cost exploration

Royalty Creation

Project Acquisition

In-house Work

Partner Funded Exploration

VALUE CREATION

PROSPECT GENERATOR MULTIPLE CHANCES FOR SUCCESS

5

Project Pipeline

ADVANCED & FUNDED BY

PARTNER

ADVANCED TO

FEASIBILITY

HISTORIC DRILLING

EARLY STAGE

VA

LUE

CR

EATI

ON

DEV

ELO

PM

ENT

STA

GE

PRE-DISCOVERY

DISCOVERY

TARGET DEFINITION

DRILL READY (some historic

drilling)

3 PROJECTS 2 copper + 1 gold-silver

6 PROJECTS 4 copper + 1 gold-silver + 1 IOCG

3 PROJECTS 2 copper + 1 gold-silver

10 PROJECTS 5 copper + 3 gold-silver + 2 IOCG

6

Flagship Projects

Directly along trend from the world’s largest copper mine

2% NSR uncapped - exploration stage JV - Hochschild & First Quantum

MONTEZUMA Copper-Moly-

Gold ~ 45,000 Ha

SAN GUILLERMO Gold-Silver ~ 12,000 Ha

VICTORIA Copper-Moly-

Gold-Silver ~ 45,000 Ha

LAS PAMPAS Gold-Silver ~ 40,200 Ha

In the heart of one of Chile’s principal copper mining districts

JV with Newmont - multiple targets

10,000m drilling program commenced in October 2016

Along gold-silver belt of N Chile - surrounds in-ground resource

Option & Sale Agreement with Austral Gold - multiple targets

Directly along trend from one of Chile’s principal gold-silver mines

Extensive database - multiple targets - looking for partner

Montezuma JV (Newmont Mining)

Las Pampas

San Guillermo JV (Austral Gold)

Victoria (2% NSR)

7

Who We Are

SUCCESSFUL TRACK

RECORD

++50 YEARS OF COMBINED

EXPERIENCE IN THE CENTRAL

ANDES

MANAGEMENT TEAM

Tim Beale President & CEO

John Davidson Exploration Manager

Demetrius Pohl Advisor & QP

Doug Reed CFO

Kim Casswell Corporate Secretary

Chiara Orrigoni IR Manager

BOARD OF DIRECTORS

Michael Winn Chairman

Tim Beale Director

Raymond Jannas Director

Colin Bird Director

Mario Szotlender Director

8

Key Financial & Stock Information

SHARE PERFORMANCE - Oct 2016

52 weeks High-Low C$0.11 - C$0.04

Current Price C$0.075

Market Cap C$9.6M

CASH POSITION

Q2 2016 (July 31, 2016) C$2.1M

SHARE STRUCTURE - Oct 2016

Shares Outstanding 128,486,027

Options 8,827,500

227,500 @ $2.88 (Dec 2017) 325,000 @ $1.92 (Dec 2017) 650,000 @ $0.77 (Dec 2017) 650,000 @ $0.69 (Jul 2018) 2,740,000 @ $0.25 (Jul 2019) 800,000 @ $0.25 (May 2020) 3,435,000 @ $0.15 (Aug 2019)

Warrants 49,577,957

1,000,000 @ C$0.20 (Dec 2017) 5,000,000 @ C$0.20 (Jul 2018) 15,117,167 @ C$0.11 (Jul 2018) 28,460,790 @ C$0.31 (Apr 2017) @ C$0.42 (2018-2019)

Fully Diluted 186,891,483

KEY SHAREHOLDERS - Aug 2016 (*)

Management & Directors N/A 9%

Paul Stephens USA 9%

Adrian Day USA 9%

Sprott Global USA 8%

Altius Minerals CANADA 6%

Ingalls & Snyder USA 5%

Investec UK 5%

Apac Resources Capital HONG KONG 4%

Patterson Securities AUSTRALIA 4%

Eurasian Minerals USA 3%

Minera Fuego CHILE 3%

(*) While every effort has been made to provide accurate details, the list contained herein may not be complete and the information is subject to change without notice

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Appendix 1: Flagship Projects

In the Shadow of the Headframe View of Chuquicamata District copper mines from Montezuma Property

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Montezuma JV (RVL 49% - Newmont 51%): Cu-Mo-Au

OPTION/JV TERMS

Newmont (the operator) may earn up to a 75% by spending US$20.5M over 7 years

Completed Phase 1 (Feb 2015): JV @ 49/51

Spent - US$2.8M in 2014

Mar 2015 to Sep 2017 - US$5.5M - 65%

Spent - US$3.5M (up to June 2016)

Oct 2017 to Sep 2019 - US$12.5M - 75%

Monthly reports, annual meeting, all data

ABOUT THE

PROJECT

Large property - 45,000 Ha (100% owned)

In the heart of one of the largest copper mining districts in the world (Chuquicamata-Esperanza-Centinela)

Multiple porphyry-style copper targets

Historic drilling (>30,000m) shows major zones of alteration & mineralisation

10,000m drilling program commenced in October 2016

Montezuma JV (Newmont Mining)

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Montezuma JV: In the heart of major copper mining district

Radomiro Tomic Mine 380Kt Cu/year

(Codelco)

Chuquicamata Mine 360Kt Cu/year

(Codelco)

Ministro Hales Mine 180Kt Cu/year

(Codelco)

Mina Sur Mine 150Kt Cu/year

(Codelco)

Toki Cluster - 5 Deposits - Undeveloped 1Bt @ 0.4% Cu Proposed 60Kt Cu/year

(Codelco)

CHUQUICAMATA DISTRICT > 130Mt fine copper resources

Tesoro Mine 95Kt Cu/year

(Antofagasta Minerals)

Esperanza Mine 175Kt Cu/year

(Antofagasta Minerals)

CENTINELA DISTRICT >> 10Mt fine copper resources

Telegrafo - Undeveloped (Antofagasta Minerals)

10Km

10Km

MONTEZUMA PROPERTY Exploration - Cu-Mo-Au (JV Newmont/Revelo)

12

Montezuma JV: Views

MONTEZUMA: SIERRA LIMON VERDE

MONTEZUMA: VIEW LOOKING EAST MONTEZUMA: MELISSA TARGET

13

Las Pampas: Au-Ag (Cu)

Large property: 40,200 Ha

100% owned

Underlying 2% NSR royalty payable on northern portion

Possibility to divide into 3 segments

Centred approximately 40Km SW, and along trend, of Yamana’s El Peñon gold-silver mine

212Km SSW of BHP Billiton’s Spence copper-moly mine

Located directly alongside the Pan American Highway, with very easy project access (12 months of the year)

Moderate altitudes < 2,000m

Multiple epithermal gold-silver targets

Low-sulphidation “bonanza” veins

High-sulphidation disseminated

Large database - geology, geochemistry, geophysics and > 15,000m drilling

ABOUT THE

PROJECT

Las Pampas

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Las Pampas: Directly along trend from major gold district

EL PEÑON DISTRICT >> 10M GEO Resources

El Peñon & Fortuna Mines >300,000 GEO /year

(Yamana)

Las Pampas Property Exploration Au-Ag

(RVL)

Loro Property Exploration - Au-Ag

(RVL)

T4 Property Exploration - Cu-Au-Fe

(RVL)

Limbo Property Exploration - Au-Ag

(RVL)

10Km

Cachinal de la Sierra Historic Production - Ag-Au

15

Las Pampas: Multiple targets ready for drill testing

Cerritos Trend

Cerros Bayos

Cerro 1868

Cerro Blanco

Target F

Target H

Acarreos Trend

Cerro Buenos

Aires

Cerro Turmalina

Cerro Intermedio

Cerro Blanco

Cerro Buenos Aires

Trend

Cerritos & Cerros Bayos

Trends

Acarreos Trend

16

Las Pampas: Views

LAS PAMPAS: GEOLOGICAL MAPPING

LAS PAMPAS: VIEW ALONG CERRITOS TREND LAS PAMPAS: SILICA PIT ON SIERRA BUENOS AIRES

17

San Guillermo Option: Au-Ag (Option, Sale & Royalty)

OPTION & SALE

TERMS

ABOUT THE

PROJECT

Large property - 12,000 Ha (100% owned)

Surrounds Austral Gold’s Amancaya gold-silver project (in-ground resources - shortly to be a mine)

Abundant evidence for epithermal-style gold-silver veins, including drill intercepts (>40,000m drilling)

Austral Gold (the operator) may earn 100% over 3 years by:

Paying Revelo a total of US$2.65M

US$50K on signing US$50K on 1st anniversary US$550K on 2nd anniversary US$2M on 3rd anniversary

Spending U$3M

US$0.5M in 1st year US$1.25M in 2nd year US$1.25M in 3rd year

Revelo retains an uncapped 0.5% NSR Royalty on all future production

San Guillermo JV (Austral Gold)

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San Guillermo Option: Surrounds in-ground resource at Amancaya

EMERGING AMANCAYA DISTRICT

Amancaya Project ~ 400,000 GEO (Austral Gold)

Reprado Property Exploration - Au-Ag

(RVL)

San Guillermo Property Exploration - Au-Ag (Option

Austral Gold/RVL)

Morros Blancos Property

Exploration Cu-Au-Mo

(RVL)

SIERRA OVERA DISTRICT Historic Cu-Au Production

19

San Guillermo Option: Multiple mineralised veins cut by drilling

San Guillermo Project Amancaya Sur

Section 7171100N

San Guillermo Project Amancaya Sur

Section 7170500N

San Guillermo Project Amancaya Sur

Selected Sections

TO BE UPDATED CO

Amancaya Project / Mine (Austral Gold) Emerging LS epithermal precious metals vein district. 400,000 oz Au Eq in Central Vein

LS epithermal precious metals veins with ore-grade intercepts

LS epithermal precious metals veins with ore-grade intercepts

Epithermal / Mesothermal Au-Cu-Ag Veins

20

San Guillermo: Views

SAN GUILLERMO: LS EPITHERMAL VEIN EXPOSED IN TRENCH

SAN GUILLERMO: GENERAL VIEW SAN GUILLERMO: QUARTZ VEIN FLOAT

21

Victoria - Royalty: Cu-Mo-Au

OWNER &

ROYALTY

100% owned by Chilean subsidiary of Hochschild Mining PLC

Optioned to, and being explored by, First Quantum Minerals

Revelo retains an uncapped 2% NSR Royalty on all future production

ABOUT THE

PROJECT

Large property - 45,000 Ha

Along trend of the principal north-Chile copper belt - and south of the giant La Escondida copper mining complex

Contiguous with RVL’s Block 4-Anaconda

Multiple porphyry-style copper targets and a variety of gold-silver targets

Multiple exploration campaigns since the 1990s, including drilling

Latest interpretations indicate key targets have not been drill tested or fully drill tested

Large database of evidence for the styles of mineralisation sought

Victoria (2% NSR)

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Victoria: Located directly along trend from La Escondida District

LA ESCONDIDA DISTRICT > 144Mt Cu Resources

La Escondida Mine > 1Mt fine copper / year

(BHPB + Rio Tinto)

Block 4 Property To east

Exploration - Cu-Mo (RVL)

10Km

Victoria Property Exploration Cu-Mo-Au-Ag

(Hochschild / First Quantum JV)

RVL Royalty Interest

23

Victoria: Multiple targets for copper and gold

VICTORIA: VIEW OF VAQUILLAS MINE AREA

24

Victoria: Views

VICTORIA: GENERAL VIEW

VICTORIA: QUARTZ-VEIN STOCKWORK AT PICARON

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Appendix 2: Revelo Projects Available for Option/JV

Experienced exploration team - view from Las Pampas Property

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Key Advances Through Its Work

ACQUISITIONS >US$100M historic exploration spend by previous owners on properties acquired

REVELO IN-HOUSE

WORK

DATA

Sometimes disordered databases

Often no good reporting

Often lacking basic geological mapping and updated interpretation of targets

Difficult for “interested” parties to see new opportunities or value (i.e. - not interested)

REVELO IN-HOUSE WORK STATUS PROPERTY

Re-ordering, re-validating and re-plotting of historic data

Ongoing Most projects

Reconnaissance geological and hydrothermal alteration mapping with geochemistry and accompanying consolidation reports

Ongoing Reina Hija, Redondo-Veronica, Block 3, Morsas, Bronce Weste

Detailed geological and alteration mapping (including in-house Terraspec hydrothermal clay alteration analyses), backed up by geochemistry, and accompanying consolidation reports

Ongoing

Morros Blancos, Calvario, Mirador, T4, Loro, Los Azules, San Valentino, Block 2, Block 4, Limbo, San Guillermo, Magallanes, Las Pampas, Montezuma

Projects Available for Option/JV: Copper (+/- moly-gold-silver)

Ha Completed Activities 2016 Activities

REINA HIJA* 1,800 • Database review/interpretation • No historic drilling

• Geological mapping • Rock geochemical sampling

BLOCK 2 10,300 • Detailed geological mapping • Database review/interpretation • No historic drilling

• Geological mapping • Rock & soil geochemical sampling

REDONDO-VERONICA 15,200 • Reconnaissance geological mapping • Database review/interpretation • Historic drilling (no data)

• Geological mapping • Rock & soil geochemical sampling

BLOCK 3-CULEBRA 37,100 • Reconnaissance geological mapping • Database review/interpretation • Shallow cover drilling > 6,500m

• Geological mapping • Rock geochemical sampling

BLOCK 4-ANACONDA 17,900 • Reconnaissance geological mapping • Database review/interpretation • Historic drilling (no data)

• Geological mapping • Rock geochemical sampling

MORROS BLANCOS 13,000

• Detailed geological mapping • Database review/interpretation • Limited geophysics (mag’ & IP) • > 5,300 m historic drilling

• Soil geochemical sampling grid • Drill ready

(*) Not displayed on the map

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BLOCK 2: OXIDE COPPER

MORROS BLANCOS: STOCKWORK QUARTZ VEINLETS

Projects Available for Option/JV: Copper (+/- moly-gold-silver)

29

Ha Completed Activities 2016 Activities

LOS AZULES* 4,700 • Detailed geological mapping • Database review/interpretation • > 5,500m historic drilling

• Property consolidation • Drill ready

CALVARIO 7,300 • Detailed geological mapping • Database review/interpretation • > 4,000m historic drilling

• Age dating • Soil geochemical survey • Drill ready

MIRADOR 3,000 • Detailed geological mapping • Database review/interpretation • No historic drilling

• Age dating • Rock & soil geochemical survey

SAN VALENTINO 1,200 • Detailed geological mapping • Database review/interpretation • > 1,500m historic drilling

• Age dating • Rock geochemical survey • Drill ready

BRONCE WESTE 4,700 • Database review/interpretation • > 4,500m historic drilling

• Detailed geological mapping • Soil geochemical survey

(*) Not displayed on the map

Projects Available for Option/JV: Copper (+/- moly-gold-silver)

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Projects Available for Option/JV: Cu

MIRADOR: HYDROTHERMAL ALTERATION ZONE

LOS AZULES: ARTISANAL WORKINGS & COPPER OXIDES

31

Projects Available for Option/JV: Gold-Silver

Ha Completed Activities 2016 Activities

MAGALLANES 1,000

• Detailed geological mapping • Rock geochemical sampling • Trenching of Veinticinco Vein • No historic drilling

• Land consolidation-discussions with surrounding tenement holders

LAS PAMPAS 40,200

• Detailed geological mapping • Rock & soil geochemical survey • Minor trenching • Heli-borne EM, Heli-borne & ground

magnetics, CSAMT profiles • >15,000m drilling

• Possible division into three blocks • Several targets - Drill ready

LORO 4,500

• Detailed geological mapping • Rock & soil geochemical survey • No historic drilling

• Infill soil lines • Trenching • Geophysical profiles

LIMBO 5,600

• Grassroots target • No historic drilling

• Detailed geological mapping • Rock & soil geochemical survey • Geophysical profiles

REPRADO 2,100

• Geological mapping • Trenching • 2,750m of drilling

• Database review/interpretation • Detailed geological mapping • Rock & soil geochemical survey • Geophysical profiles

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Projects Available for Option/JV: Gold-Silver

MAGALLANES: TRENCHING ALONG TRACE OF VEINTICINCO VEIN

LORO: OUTCROPPING QUARTZ VEIN

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Projects Available for Option/JV: Copper-Gold (IOCG)

Ha Completed Activities 2016 Activities

T4 5,000

• Detailed geological mapping • Rock & soil geochemical sampling • Ground magnetics survey

• Drill ready

LAS ANIMAS 6,000

• Reconnaissance geochemical sampling • Detailed geological mapping • Rock & soil geochemical survey • Interpretation of state geophysical data

MORSAS 15,500

• Reconnaissance geochemical sampling • Detailed geological mapping • Rock & soil geochemical survey • Interpretation of state geophysical data

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LAS ANIMAS: ARTISANAL MINE WORKINGS

T4: AURIFEROUS HEMATITE BRECCIA

Projects Available for Option/JV: Copper-Gold (IOCG)

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Revelo is Advancing a Prospective Portfolio To Discovery Success

INQUIRIES Chiara Orrigoni - IR Manager T: +1 604 687-5544 [email protected]

~300,000 Ha of tenement exposure

22 projects prospective for

gold-silver-copper

2 projects optioned to Newmont, Austral Gold

Developing royalty portfolio

1 royalty interest (non-producing)

RVL: C$0.085 Shares: 128.5M

Mkt Cap: C$10.9M