April 2016

January 2017

Goodfish Kirana Property

danièle spethmann, P.Geo. President and CEO

The Abitibi – Canada's Richest Gold Belt

Exploring in the Kirkland Lake Camp

Exciting Gold Play

Champagne is a gold exploration company targeting a 3-5 Moz high grade gold deposit

Property is a 100% owned, newly consolidated contiguous land package of 3,248 ha located eight km from the town of Kirkland Lake

2016 results include:

Prospecting program completed – 220 g/t Au grab sample from a historical trench

LiDAR survey completed

Re-logging and infill sampling of 5,000 m of historical drill core

Excellent management and technical teams with proven track records

Location! Location!! Location!!!

Canada – a world class mining jurisdiction Abitibi Greenstone Belt – over 200 Moz Au produced to date Kirkland Lake – property in the shadow of 20+ head frames

Champagne’s Land Position and Structures

Camp production to date is 40+ Moz Au

Regional Geology and Gold Occurrences

Fidelity

Goodfish

Kirana Break

Gold Deposit/Occurrence

Selected Gold Assay Results

Two principal mineralized trends Never explored below 200 m Never thoroughly explored with modern exploration

techniques

3.10 g/t Au, 495 g/t Ag @ 0.65 m

4.46 g/t Au @ 1 m

16.97 g/t Au @ 12.65 m

99 g/t Au @ 0.61 m

234 g/t Au @ 0.61 m

2,275 g/t Au

3.42 g/t Au @ 2 m

16.46 g/t Au @ 3.20 m

220 g/t Au

Highlighted results include:

2016 Prospecting • 220 g/t Au • 143.6 g/t Au • 53.2 g/t Au

Historical DDH • 4.05 g/t Au @ 0.6 m • 2.74 g/t Au @ 1 m • 1.10 g/t Au @ 1.0 m • 2.10 g/t Au, 126.1 Ag, 5.1% Pb @ 0.2m • 21.0 g/t Au, 31.5 g/t Ag @ 0.4 m • 6.81 g/t Au @ 0.5 m • 46.84 g/t Au @ 0.34 m • 12.34 g/t Au @ 0.79 m • 94 g/t Ag @ 0 .30 m • 2.06 g/t Au @ 0.76 m • 15.71 g/t Au @ 1.05 m

Channel Samples • 9.14 g/t Au @ 0.65 m • 2.09 g/t Au @1.52 m

Grab Samples • 2.18 g/t Au • 1.41 g/t Au • 5.66 g/t Au • 14.75 g/t Au

Historical Shaft/Pit

Fall 2016 Prospecting Program

143.6 g/t Au

53.2 g/t Au

220 g/t Au

Infill sampling better defines 2.5 km long gold zone

Excellent Infrastructure

Paved Roads ✓

Railroads ✓

Airport ✓

High Voltage Power ✓

Water ✓

Skilled Labour ✓

Commercial Centre ✓

Social License✓

Ontario Government

MNDM office ✓

Experienced and Committed Team

Management, Consultants & Advisors

Directors

Daniele Spethmann, P.Geo. - CEO

Terence J. Bottrill, P.Eng.

Gary Grabowski, P.Geo.

Bill McGuinty, P.Geo.

Tom Neelands, P.Geo.

Orix Geosciences

Dr. Tom Setterfield, Ph.D., P.Geo.

James R. Atkinson, M.Sc, P.Geo.

Dr. John B. Gammon, Ph.D.

C. Thomas Grubb, P.Eng.

Danièle Spethmann, P.Geo.

William Taraba

Peter Winnell

Capital Structure

Private Ontario Corporation

Capital Structure:

Common Shares 43,169,013 Warrants 16,270,721 Options (subject to shareholder approval) 3,250,000 Convertible Debentures 3,780,000 Fully Diluted Shares 66,469,734

Company financial statements have been audited

Property:

Final property payment December 2016 - 100% ownership

Land in good standing - 2017 to 2020

Claims geo-referenced in advance of MNDM map staking

Located in a World-class Mining Camp • 10 km of contiguous strike length in the Kirkland Lake Gold Camp • 3,248 hectares – combination of patented and staked claims

Known Mineralization • Grab sample assay results from the late 2016 prospecting program

- 220 g/t Au, 143.6 g/t Au and 53.2 g/t Au • The best historical intersection at Goodfish

- 16.97 g/t Au over 12.65 m at less than 200 m depth

Excellent Infrastructure

• 10 minutes from downtown Kirkland Lake • Easy access to power, excellent roads and skilled workers

Experienced Team • Strong technical team with extensive experience and discoveries in

mesothermal and epithermal gold deposits (Detour Mine, Choco 10, FDN) • Excellent mix of major and junior company experience as well as

significant local Kirkland Lake experience

Why Invest in Champagne?

Gold Potential of Northern Ontario

Kirkland Lake Gold Inc. Macassa Gold Mine

Goodfish Kirana Project - excellent discovery potential in a great location managed by a solid team!

Kirkland Lake Gold Inc. Macassa Gold Mine

“……Despite a track record of discovery for more than 100 years, the exploration of the subsurface has barely been scratched…”

CIBC – Institutional Equity Research – May 19, 2010 Canada Eh! Swamped with Gold – Executive Summary Excerpt

APPENDIX

Champagne’s project is located in a camp with high grade gold deposits Historical major mine production, excluding historic miscellaneous production. Source: Ministry of Northern Development and Mines

Kirkland Lake - Major Mine Historical Gold Production

Production Grade

Gold Mine (oz.) (g/t)

Kerr Addison 10,500,000 8.9

Lakeshore 8,600,000 17.1

Wright Hargraves 4,830,000 16.6

Teck Hughes 3,710,000 13.3

Macassa 3,700,000 15.3

Hol-Holloway 2,360,000 5.3

Kirkland Minerals 1,740,000 12.7

Sylvanite 1,675,000 11.4

Upper Canada 1,400,000 10.3

Ross 995,000 5.0

Young Davidson 640,000 3.2

Toburn 570,000 16.5

Black Fox (Glimmer) 463,000 3.8

Chesterville 360,000 3.8

Omega 215,000 5.0

Bidgood 165,000 9.4

Upper Beaver 141,000 8.3

Hislop 105,000 2.2

Barry Hollinger 77,000 9.9

Ashley 50,100 10.9

McBean 45,900 2.8

Other 558,000

Total 42,900,000 9.6

Exploration Potential – WIDE OPEN

20

0 m

2.2

km

CN

To

wer

55

0m

Kirkland Lake Gold generalized Longitudinal 2016

Champagne Resources – Never explored below 200 metres

Kirkland Lake Gold – Mined to a depth of 2.2 kilometres

10 km

Average Grade SMC 22 g/t Au

25 M oz produced

Target Geological Model – High Grade Gold Zone

Major structures

Sulphides and other pathfinder metals present

Halos of lower grade mineral-ization

Core of high grade gold +/- silver

Alteration halos

Quartz-Feldpar Porphyry host

At lithological interface Preliminary Schematic Geological Section

First Derivative Mag and Au Showings

N

1 km

Channel Sample

Grab Sample

Drill hole Sample

31.5 g/t Au

3.42 g/t Au @ 2 m

99 g/t Au @ 0.61 m

16.97 g/t Au @ 12.65 m

16.46 g/t Au @ 3.2m 21 g/t Au @ 0.4 m

2.18 g/t Au

1.41 g/t Au

4.05 g/t Au @ 0.6 m 2.06 g/t Au

2,275 g/t Au 1.56 g/t Au @ 0.7 m

2.06 g/t Au @ 0.76 m

46.84 g/t Au @ 0.34 m

2.74 g/t Au @ 1 m

14.75 g/t Au

3.1 g/t Au + 495 g/t Ag @ 0.65 m

15.71 g/t Au @ 1.05 m

234 g/t Au @ 0.61 m

4.46 g/t Au @ 1 m

2.1 g/t Au + 126 g/t Ag @ 0.2 m

Selected Lines of IP Inverted and Drill Holes

• Newly generated data shows past drilling appears to have missed IP target

Goodfish Next Steps

99 g/t Au @ 0.61 m

16.97 g/t Au @ 12.65 m

16.46 g/t Au @ 3.2 m

12.34 g/t Au @ 0.79 m

Detailed mapping and structural analysis

Follow up prospecting and updated compilation of historical data

Modeling of results with new 3D mapping technologies

Geochemical sampling and follow ground geophysics

Drilling to test new results and historical intersections

Kirana Break Extension Next Steps

Average Grade 16.6 g/t (1936)

39.78 g/t Au @ 0.6 m (1967)

90 km IP to be analyzed and processed Ground truthing of anomalies Structural mapping and analysis of gold showings Further re-logging and sampling of DDH core Model anomalous gold zones Drilling of new deformation zone

6 to 8 km east west regional structure

Detailed structural mapping of stripped outcrops – understanding the gold occurrences locally will lead to property wide understanding

Compilation and modeling of historical data in local and regional context

Fidelity Next Steps

17.15 g/t Au @0.91 m (1920)

40.56 g/t Au @ 1 m (2007 )

Grab sample 2,274 g/t Au (2007 )

Exploration Budget Phase 1

Action Cost

Additional Compilation/LiDAR Interpretation $65,000

Interpret IP, assess usefulness of previous drilling $30,000

Ground geophysics on target areas $135,000

Drill 2,000 m at Goodfish $350,000

Map and resample NG trenches; complete 3D model of Fidelity $60,000

Property Wide Structural Mapping and Analysis $60,000

Follow up prospecting and geological mapping $80,000

Property scale geochemical survey $60,000

3D Modelling $35,000

Permitting $10,000

First Nations and Community Engagement $35,000

G&A and go public fees $240,000

Contingency (10%) $90,000

TOTAL $1,250,000

Exploration Budget Phase 2

Action Cost

Ongoing Database Upkeep, Geological Modelling $25,000

Ongoing First Nations and Community Engagement $120,000

Additional Prospecting and Geological Mapping $80,000

Ground Geophysics on New Targets $150,000

Structural Mapping and Analysis $25,000

Drill 10,000 m at Goodfish, other targets $1,800,000

Preliminary Resource Calculations $50,000

G&A $60,000

Contingency (~10%) $190,000

TOTAL $2,500,000

Exploration Budget Phase 3

Action Cost

Drill out deposit(s) $8 - $10,000,000

Danièle Spethmann, P.Geo. – Director, President and CEO Ms. Spethmann is an exploration geologist with over 30 years experience in northern Ontario, Canada and internationally in Latin American and Botswana. Danièle was the senior geologist and principal on two projects with significant discoveries (Choco 10 – Carolina zone and Fruta del Norte) in Venezuela and in Ecuador. Companies she has worked with include IAMGOLD, African Copper, Aurelian Resources and Bolivar Goldfields. Danièle spent her undergraduate summers mapping for the Geological Survey of Canada, completed her Geology Honor Thesis at the University of Ottawa and recently obtained her Mining Management Certificate from Ryerson University. She is a member of the Association of Professional Geoscientists of Ontario, the PDAC, Women in Mining, and a committee member of the Toronto Geological Discussion Group. Tom Neelands, P.Geo. - Consultant Mr. Neelands is an exploration geologist with over 40 years field experience in Canada and Latin American countries with major companies including Teck, Placer Dome, Noranda and IAMGOLD. He has worked as a consultant for junior exploration companies: Bolivar Goldlfields, Aurelian Resources, African Copper, and several others. Tom has been the principal or senior geologist on three substantial gold discoveries including the Detour Calcite Zone (Ontario), the Carolina Zone at Choco 10 (Venezuela) and Fruta del Norte (Ecuador). Tom completed his BSc at Carleton University and is a member of the Association of Professional Geoscientists Ontario. Dr. Tom Setterfield, P.Geo. - Independent Consulting Geologist Dr. Setterfield is an independent consulting geologist with over 35 years experience in the mining industry, 13 of which was with Western Mining Corporation. He is a co-founder and principal of GeoVector Management Inc. and currently Vice President, Exploration and Director, Terrax Minerals. Tom is well known in the industry as an expert in iron oxide copper gold, epithermal gold and volcanogenic massive sulphide deposits. He has extensive Archean greenstone belt experience, including in the Timmins, Kirkland Lake, Noranda and Chibougamau camps of the Abitibi Greenstone Belt, and in the productive Yilgarn Block in the Kalgoorlie area of Australia. Tom completed his MSc on synvolcanic faults in the Noranda area, of Quebec, his Ph.D. in Cambridge, UK and is a member of the Association of Professional Geolscientists of Ontario. Orix Geoscience Inc. – Consultants Orix Geoscience partners with exploration and mining companies providing front-end geological services including field mapping and core logging, compilation, interpretation, modelling and targeting. The company is operated by founder Shastri Ramnath, President and Principal Geologist, Ashley Kirwan, Vice President and Senior Geologist. Shastri has 16 years’ experience in the exploration and mining industry and has worked throughout North and South America as well as Africa. Shastri earned a B.Sc. (Hons) in Geology from The University of Manitoba, a M.Sc. from Rhodes University in South Africa, and an MBA from Athabasca University. Ashley Kirwan has nine years experience in the exploration and mining industry and has worked in North and South America. Ashley earned a B.Sc. (Hons) in Geology from Laurentian University and is currently completing a M.Sc. in Mineral Exploration at Laurentian University.

Experienced Committed Management Team

James R. Atkinson, M.Sc., P.Geo. – Director Mr. Atkinson is an exploration geologist with over 40 years experience as an independent exploration and mine geologist and project manager with both junior and major mining companies including Noront, Billiton and AMEC. His career has encompassed numerous types of deposits including gold, copper, base metals in Canada and internationally. Jim has been a leader in discoveries of deposits close to the Oyu Tolgoi deposit in Mongolia, as well as the Ring of Fire, Ontario, Canada. Jim is currently Vice President, Exploration for the Americas Silver Corporation, a TSX listed company with producing mines in Idaho and Mexico. He obtained his B.Sc. from Brock University, his M.Sc. from University of Toronto and he is a member of the Association of Professional Geoscientists of Ontario, the PDAC and the Society of Economic Geology. Dr. John B. Gammon - Director Dr. Gammon is an exploration geologist with over 40 years of exploration, government and corporate experience. John was employed in several senior positions in mineral exploration in the private sector with Falconbridge among other companies and as a consultant. As the Assistant Deputy Minister, Mines and Minerals in the Ontario Government for 17 years, John was responsible for developing the policies and leading the team that saw Ontario recognized as the world’s most attractive mineral exploration jurisdiction by the Fraser Institute. John was a Director of Probe Mines Limited from inception through to the discovery of the Borden Lake deposit and subsequent sale to Goldcorp for $526 million in March 2015. John is currently a director and advisor to several junior mining companies as well as a member of the board of the PDAC’s Aboriginal Affairs Committee and the International Cyanide Management Institute. John holds a BSc and PhD and was a post-doctoral research associate at both the University of California and Princeton University as a Fulbright Post-Doctoral Fellowship and Senior Visiting Fulbright Fellowship, respectively. C. Thomas Grubb, P.Eng. - Chairman Mr. Grubb is an early investor in Champagne Resources joining the board of Champagne in 2011. He has over 30 years of management experience and provides consulting services to the process industries including the mining and materials handling industries. Tom was a former director of QUNO Thorold from 1989 to 1999. William Taraba - Director Mr. Taraba has been involved in the resource industry for over 30 years and is an experienced director, having served on numerous boards over his career. Peter Winnell - Director Mr. Winnell has over 30 years experience in the Canadian capital markets. He is the past Vice Chairman of a boutique investment brokerage where he led numerous transactions, with emphasis on the mining sector.

Board of Directors

Terence J. Bottrill, P.Eng. – Advisor Mr. Bottrill is a geological consultant in mineral exploration and mine development with almost 50 years of experience. He has undertaken fieldwork on every continent except Antarctica and has held corporate positions including Director of Exploration where he has been responsible for gold, silver and copper discoveries and mines. In the 1980's and 1990's he was very involved in several exploration projects in the Kirkland Lake district, including the discovery of the Amalgamated Kirkland, a deposit currently being drilled by Kirkland Lake Gold Mines. From 2006 through 2012 he was a lecturer in geology at the University of Toronto Mississauga and is currently the Industry Liaison for the Department of Earth Sciences, University of Toronto. Gary Grawbowski, P.Geo. – Advisor Mr. Grabowski has over 35 years experience in the mining industry and is very knowledgeable on the geology and mineral deposits in the Kirkland Lake District. He has visited most operating mines in the Red Lake, Atikokan, Shebandowan, Hemlo, Elliott Lake, and Sudbury, as well as Noranda, Val d’Or and Oka in Quebec, as well as the diamond mines in North West Territories. Bill McGuinty, P.Geo. – Advisor Mr. McGuinty is an exploration geologist with over 35 years` experience. He has worked in Canada and internationally for Canadian stock exchange listed junior mineral exploration companies since 1981, holding progressive positions as project geologist, exploration manager and country manager. He has served as Vice President, Exploration in South and Central America with Intrepid Mines Ltd. He is currently Vice President, Operations for Globex Mining Enterprises Inc. with principal exploration activities in Quebec and Ontario. He is also president of OTD Exploration Services, a private company dedicated to supplying quality management and governance for the minerals exploration sector. Bill has served as Co-chair of the Advisory Panel to Canada’s Corporate Social Responsibility Counsellor and he is a member of the Ontario Mines Minister’s Mining Act Advisory Committee and the PDAC Corporate Social Responsibility Committee.

Advisors

CONTACT danièle spethmann President and CEO +1 416 414 7011

dspethmann@champagneresources.com

Champagne Resources Limited 401 Bay Street, Suite 2702, Toronto, Ontario M5H 2Y4

+1 647 344 3433 ■ info@champagneresources.com

The Abitibi - Canada's Richest Gold Belt