Forward Looking Statements

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2 Forward Looking Statements Except for the statements of historical fact contained herein, certain information presented constitutes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. Such forwardlooking statements, including but not limited to, those with respect to potential expansion of mineralization, future plans for resource estimation and exploration, potential future production, drilling exposure, and exploration budgets and timing of expenditures involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Altius Minerals Corporation ( Altius ) to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to the actual results of joint ventures, current and future exploration activities, changes in government legislation, changes in ownership interest in a project, conclusions of economic evaluations, uncertainty in the estimation of ore reserves and mineral resources (note: mineral resources are not mineral reserves and do not have demonstrated economic viability, and there is no guarantee that any resource will become a reserve), changes in project parameters as plans continue to be refined, future commodity prices, environmental risks and hazards, increased infrastructure and/or operating costs, labor and employment matters, availability of financing, permitting availability and government regulation as well as those factors discussed in the section entitled "Risk Factors" in Altius Annual Information form, available on SEDAR at Although Altius has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Altius disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements. All scientific and technical information contained in this presentation has been prepared by, or under the supervision of, Jeffery A. Morgan, Exploration Manager for Altius, a qualified person within the meaning of applicable securities laws. 2

3 Moosehead Project > Location and Claim Status Located directly southeast of the Town of Bishop s Falls in Central NL Town of Bishop s Falls Comprises a total of 152 map-staked claims in 10 contiguous licences, covering 3,800 hectares Held 100% by Altius Resources Inc. (staked in December 2014) The TCH and Bay d Espoir Highway both transect the claim group Altius claim block A series of woods roads and trails provides excellent access to the claims 3

4 Moosehead Project > Geological Setting (after Williams et al, 1988) 4

5 Moosehead Project > Physiography 5

6 Moosehead Project > Exploration History : Noranda staked 437 claims covering Altius current property following the release of lake sediment geochemistry results by the NLDME (Open File 2E/0563, Davenport and Nolan). Noranda carried out mapping, prospecting, soil sampling, till sampling, lake bottom sediment sampling, line cutting, ground geophysics (magnetics, IP, and VLF-EM). 149 g/t Au North Pond 17 g/t Au 10 g/t Au Discovery of several angular quartz boulders assaying up to 149 g/t Au, and 56.3 g/t Ag. South Pond Discouraging results from 3 widely spaced drill holes; property was allowed to lapse. 6

7 Moosehead Project > Exploration History : Cape Broyle Exploration Ltd. staked the ground and optioned it to Royal Oak Mines Inc., who conducted additional soil and till surveys, and 652 metres of diamond drilling in 7 holes. Soil geochemistry anomalies up to 315 ppb Au. MH96-05: intersected a 10 cm wide, sulphosalt-bearing quartz vein that assayed 259 g/t (7.57 oz/t) Au : Altius Minerals Corporation acquired the property and carried out prospecting, mapping, till pit sampling/gold grain analysis, soil sampling, linecutting, and ground geophysical surveys (magnetics, VLF-EM, and dipole-dipole IP). 7

8 Moosehead Project > Exploration History Brian Dalton completed an undergraduate honours dissertation at Memorial University designed to characterize the mineralization at Moosehead. This included petrography, fluid inclusion studies, and isotope studies of samples taken from boulders, bedrock and drill core. Higher grade mineralization (up to 442 g/t Au) typically occurs in association with sulphosalt minerals (bournonite & boulangerite), galena, sphalerite, covellite, and pyrite. Concluded that mineralization is lowsulphidation epithermal style. 8

9 Moosehead Project > Exploration History 1999: Teck Exploration Ltd. optioned the property from Altius and carried out line cutting, an IP survey, and 756 meters of diamond drilling in 7 holes : Sudbury Contact Mines (Agnico Eagle) optioned the property from Altius and carried out several phases of exploration, including over 9000 metres of diamond drilling in 91 holes. No more major work programs and the claims were allowed to lapse in Re-staked by Altius in December

10 613000mE mE mE Moosehead Project > Historic Drilling & Soil Sampling Diamond drilling was generally focused within an area 1 km long by 500 metres wide. N The rest of the property remains virtually untested by drilling mN mN mN 10

11 Moosehead Project > Diamond Drilling 278 g/t Au over 0.5m at 257 metres A total of 111 diamond drill holes have been completed on the property. Only 22 of these have reached a vertical depth of >100 metres (and only ONE >200 metres). The only deep hole intersected 278 g/t Au over 0.5m at a hole depth of 257 metres. 11

12 Moosehead Project > Diamond Drilling Highlights Significant Gold Intercepts: MH96-05: g/t over 0.1m (at 41.8) Discovery Fault North Pond Fault MH01-13: 96.7 g/t over 1.5m (at 38.0) MH02-38 MH01-19: 18.3 g/t over 1.2m (at 8.2) MH01-23: g/t over 0.6m (at 15.1) MH02-09: g/t over 0.2m (at 31.5) MH01-23 MH02-09 MH96-05 North Pond MH03-15 MH02-15: 29.2 g/t over 0.2m (at 40.3) South Pond Fault MH01-19 MH02-16: 87.2 g/t over 0.5m (at 14.4) MH01-13 MH02-16 MH03-15: 278 g/t over 0.5m (at 257.3) MH02-38: 1154 g/t over 0.18m (at 86.9)* * 4.25 g/t over 1.40m (above) * g/t over 1.14m (below) South Pond 12

13 Moosehead Project > Fluid Inclusion Study (Conliffe & Wilton, 2009) Identified four different sets of quartz veins: V1 early quartz-carbonate veins, which may be related to the regional folding event (may contain elevated gold values) V2 texturally complex, mineralized veins which postdate the regional folding event; these veins consist of at least four generations of quartz (Q1 to Q4) V3 and V4 late stage quartz-carbonate veinlets, commonly vuggy or with bladed calcite; these veins represent a late hydrothermal event at shallow crustal levels (epithermal), possibly associated with minor boiling The mineralized quartz veins formed from moderate to high temperature ( C), low to moderate salinity (0-10 eq. wt% NaCl) aqueous-carbonic fluids. PT modeling of fluid trapping conditions indicate minimum mineralization depths of ~ 5.8 km. Based on the composition of the mineralizing fluids and estimated mineralization depths, it can be concluded that the Moosehead property represents an orogenic lode gold-type system. 13

14 Moosehead Project > V2 (Main Au-bearing) Veins 14

15 Moosehead Project > V2 (Main Au-bearing) Veins VG 15

16 Moosehead Project > Altius 2015 Exploration Program Collection of 102 till samples at roughly 250-metre spacing over the central portion of the Moosehead property: A project with RDC (Research & Development Corporation of Newfoundland and Labrador) aimed at Developing Micro-Analytical (SEM-MLA) Till Indicator Mineral Exploration Techniques for the Discovery of Hidden Ore Deposits in Glaciated Terrains. RDC is investing $345,375 (63.25%) of the total $546,000 project cost. Thank You! Collection of 651 B-horizon soils to expand the coverage of historic surveys: Submitted to ALS Laboratories for multi-element (aqua regia, ICP-MS) and gold analysis. Mechanical trenching, geological mapping, channel sampling (n=78), prospecting, and rock sampling (n=44). 16

17 613000mE mE mE Moosehead Project > 2015 Soil Sampling N 2015 soils (red) mN historic soils (black) mN mN 17

18 613000mE mE N Au in soils, ppb 64 ppb x Qtz Boulder 180 g/t Au mN 58 ppb 79 ppb Several new, untested Au in soil anomalies, away from the focus of historic drilling 140 ppb mN 18

19 Moosehead Project > 2015 Trenching Program MH01-19 and MH01-21 both intersected mineralization near the tops of the holes. Overburden depths from drilling are less than in most of the other holes (4-5 metres). Discovery Fault North Pond Fault South Pond Fault MH01-19/21 19

20 Moosehead Project > Compact Lodgment Till ~1m 20

21 Moosehead Project > 2015 Trenching Program 21

22 Moosehead Project > Exposure of Mineralized Veins Hamish Sandeman inspecting exposed veins 22

23 Moosehead Project > Preliminary Trench Map 3.91 / 0.40m 9.75 / 0.15m 23

24 Moosehead Project > High Grade Boulder from Trench R12216: 328 g/t Au, 138 g/t Ag, 0.56% Sb, 0.98% Pb, 0.40% Zn, 0.32% Cu 24

25 Moosehead Project > Gold Panned From Trench Coarse VG panned from trenched material 25

26 Moosehead Project > Conclusions Moosehead represents a highly accessible, orogenic lode gold exploration target. Historic sampling has returned values of up to 442 g/t Au from boulders, and up to 170 g/t Au over 1.53 meters from drill core samples. The mineralized system remains virtually untested below a vertical depth of 100 metres (the only deep hole intersected 278 g/t Au over 0.50m at a hole depth of 257 metres), and remains open along strike. Larger, high grade boulders in the till profile are not represented in the drill intercepts, and are likely from a local source. Mapping of the recently exposed bedrock and mineralized veins will dramatically increase our understanding of the controls on mineralization, and allow us to better target future exploration efforts, including diamond drilling. 26

27 Acknowledgements and Thanks Field Personnel: Lloyd King, Chris Davis, Trevor Rice, Bob Patey, Nick Barnable, Adam Loveridge Research & Development Corporation of Newfoundland and Labrador Hamish Sandeman, Jennifer Organ, and Robyn Constantine (NL DNR) Oakes Trucking Ltd. (excavator services) MRR 2015 Organizing Committee 27