DUNNEDIN VENTURES INC.

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1 . PST Kimberlite First Diamond Results November

2 FORWARD LOOKING STATEMENT Except for historical information contained herein, this presentation may contain forward-looking statements including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherit risks and uncertainties. Although Dunnedin Ventures Inc. (DVI) believes that such expectations are reasonable, there can be no assurance that such expectations will prove to be correct, and therefore actual results may differ materially from those currently anticipated in such statements. You are cautioned not to place undue reliance on any such forward looking statements, whether made in this presentation or in any question and answer period related to this presentation. R. (Bob) Singh, P.Geo, is the Qualified Person as defined by NI standards responsible for reviewing the technical content of this presentation. 2

3 FIRST 0.82 TONNE SAMPLE OF PST KIMBERLITE YIELDS 526 DIAMONDS ( MM) INCLUDING 96 COMMERCIAL-SIZE DIAMONDS (+0.85 MM) Weight in Dry Tonnes Total Number of Diamonds Recovered ( mm) Macrodiamond Recovery Weight (carats mm) Endecott Sieve Size (mm) Largest Diamonds (carats) , 0.77, 0.17 Samples currently in the lab collected during the 2015 Exploration Program Dunnedin will continue to recover diamonds from the remaining kimberlite samples over the next several months Area Tonnes (wet) Description PST (dried) Kimberlite Sample (completed) Notch Kimberlite Sample Notch Kimberlite Sample Notch Kimberlite Sample PST Kimberlite Sample PST Kimberlite Sample Kahuna Kimberlite Sample Regional approx Sieved Till samples Diamond indicator minerals will also be recovered to characterize new targets 3

4 Largest single diamond crystal recovered in the 0.82 tonne sample: 0.77 carats Approx. 0.5 cm in diameter 3 mm Close-up view of octahedral diamond recovered in the mm size class. 4

5 Second-largest diamond recovered: 0.17 carats Approx. 3 mm in longest dimension 2 mm Close-up view of octahedral diamond recovered in the mm size class. 5

6 2 mm Close view of selected diamonds recovered from the mm size class. 6

7 2 mm All diamonds recovered from the mm size class, showing a range of colors and quality. 7

8 2 mm Close view of selected diamonds recovered from the mm size class. 8

9 2 mm All diamonds recovered from the mm size class, showing a good range of color and quality. 9

10 2 mm Close view of selected diamonds recovered from the mm size class. 10

11 2 mm All diamonds recovered from the mm size class. 11

12 The largest recovered stone is a polycrystalline diamond, composed of intergrown diamond crystals of varied sizes carats Approx. 1.0 cm in longest dimension These rocks made of diamond are common in some of the best diamond mines operating in the world today, such as Diavik, Jwaneng and Orapa. They indicate a very high carbon saturation in the mantle and the potential for large diamonds and high grades to occur. 3 mm 12

13 HISTORICAL DIAMOND PHOTOS Historical commercial diamond results exist for the PST and Notch kimberlites For PST, the diamonds recovered by Dunnedin are similar in size, shape and color to the historic diamond recoveries, based on available data 1 mm 0.5 mm Select diamonds from the PST kimberlite historical sampling. Select diamonds from the Notch kimberlite historical sampling. 13

14 S FIRST DIAMOND RESULTS About the PST Kimberlite Near vertical high grade kimberlite dike that is exposed at surface Historical and current samples were taken within metres of each other Historically reported grade of 2.18 carats per tonne (+0.85 mm) from a 3.55 tonne sample, current sample grade of 6.50 carats per tonne (+0.85 mm) from a 0.82 tonne sample Drilling is limited to 200 metres of strike to a maximum depth of approximately 50 metres; remains open along strike and at depth Extends north under thin gravel cover, however diamondiferous kimberlite was drilled 1.2 km away directly along strike, coincident with magnetic and resistivity signatures that suggest potential continuity of up to 2.5 km Insufficient exposure and drilling to define width; more work is required One of several diamondiferous kimberlites discovered thus far within a 2 km radius of PST, including Killiq, 07-KD-24, and Notch. 07-KD-24 is notable for having historically recovered 305 diamonds including 7 macrodiamonds (+0.85 mm) from a 2.2 kg ( tonne) drill core sample 14

15 HIGH-GRADE, NEAR-SURFACE RESOURCE Maiden Inferred Resource of over 4 million carats on two kimberlites, Kahuna and Notch Does not include PST kimberlite Average grade of 1.01 carats per tonne Kimberlites are exposed at surface and remain open along strike and at depth Steeply dipping orebody geometry amenable to low-cost mining methods Classification Kimberlite Density (t/m3) Volume (m3) Tonnes Average Grade cpt (+0.85 mm cut-off) Average Grade cpt (+1.18 mm cut-off) Total Carats (+0.85 mm cut-off) Total Carats (+1.18 mm cut-off) Kahuna ,541,000 3,066, ,189,000 2,453,000 Inferred Notch , , , ,000 Total ,975,000 3,987, ,018,000 3,217,000 The reader is cautioned that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability, and might never be converted into Reserves. Figures may not sum due to rounding. Significant figures do not indicate added level of precision. cpt = caratsper-tonne 15

16 ADDITIONAL TONNAGE AND CARAT POTENTIAL OF KAHUNA AND NOTCH Dunnedin engaged APEX Geoscience Ltd. to prepare a Target for Further Exploration ( TFFE ) that provides additional potential tonnages and contained carats that are not yet included in the Inferred Resource. The TFFE is based on projection of the diamondiferous kimberlites below the shallow depths currently included in the Resource, and does not factor in potential additional strike lengths. Calculations for a conceptual target indicate there is potential for an additional 4,090,000 to 15,880,000 carats of diamonds within the Kahuna and Notch dikes Other kimberlites such as PST are not included in this calculation, and provide additional mineralized potential Kimberlite Depth Range Tonnage Low Range Grade Total Carats Depth Range Tonnage High Range Grade Total Carats Kahuna ,740, ,990, ,760, ,830,000 Notch ,570, ,100, ,050, ,050,000 Total 5,310, * 4,090,000 14,800, * 15,880,000 *Note that bulk sampling has established that Kahuna has a recovered grade of 1.04 cpt and Notch has a recovered grade of 0.90 cpt (at a mm lower cut-off) as previously disclosed in the Inferred Resource. The potential quantity and grade of any TFFE is conceptual in nature, there is insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource. 16

17 PROJECT BACKGROUND Previous owners Shear Mineral Ltd. and Stornoway Diamond Corp. spent $30m+ between on project Diamond exploration covered an area exceeding 500,000 ha Over 10,000m of drilling in more than 100 drill holes, 360 tonnes of bulk sampling Led to discovery of the highly diamondiferous Kahuna, Notch and PST kimberlites where Dunnedin has current claim package Historical Exploration Area Current Exploration Area 17

18 A NORTHERN PROJECT THAT S NOT REMOTE Project within 25km of Rankin Inlet, hub of local government and industry Population 3000, home to experienced mining workforce and active mine Airport, deep water access at Hudson s Bay Kahuna project located near Agnico Eagle s recently built Meliadine mine, which is serviced by an all-weather road Local Kivalliq Inuit Association has good working relationship with Meliadine mine including recently implemented staffing agreement Dunnedin s current program came in under budget due to infrastructure advantages 18

19 SIGNIFICANT EXPLORATION UPSIDE Large land package of 13,053 hectares with an abundance of kimberlite occurrences Recent work interpreted 20 km of previously mapped and drilled kimberlite dikes to be part of dense network of 180+ km of kimberlite-intruded structures Many sources required to explain the wide diamond indicator mineral (DIM) trains Numerous pipe and dike-blow type targets identified that require follow up drilling; many in DIM trains without currently identified sources 19

20 INVESTOR DETAILS & CONTACTS Dunnedin Ventures TSX.V:DVI Shares Outstanding 36M Options $0.11 Contacts Chris Taylor, President, CEO ctaylor@dunnedinventures.com Corporate Office Suite W. Pender Street Vancouver B.C. Canada V6C 2T7 Phone: (604) Phone: (604) R. Bob Singh, Exploration Manager bsingh@dunnedinventures.com Phone: (604)

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