Pure New Investment Opportunity in Montana s Prolific Copper-Gold Camp November 2017 1
Safe Harbor and Forward Looking Statements: This presentation is for informational purposes only. It is not an offer for the purchase or sale of securities and it is not intended to be relied upon. Although all information is derived from sources which Broadway Gold Mining Ltd., and its officers, directors and advisors believe to be reliable and accurate, neither Broadway Gold Mining Ltd., or its officers, directors or advisors warrant its accuracy. Recipients are advised to conduct their own due diligence. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This presentation includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events. Statements containing the words believe, expect, intend, should, seek, anticipate, will, positioned, project, risk, plan, may, estimate or, in each case, their negative and words of similar meaning are intended to identify forward-looking information. By its nature, forward-looking information involves a number of known and unknown risks, uncertainties and assumptions concerning, among other things, Broadway Gold Mining Ltd. s ( Broadway ) anticipated business strategies, anticipated trends in Broadway s business, anticipated future revenue streams, and anticipated market share, that could cause actual results or events to differ materially from those expressed or implied by such forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. In addition, even if the outcome and financial effects of the plans and events described herein are consistent with the forward-looking information contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. Although Broadway has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. Forward-looking information contained in this presentation is based on Broadway s current estimates, assumptions, expectations and projections, which Broadway believes are reasonable as of the current date. Broadway can give no assurance that these estimates, assumptions, expectations and projections will prove to have been correct. You should not place undue reliance on forward-looking information contained in this presentation. Forward-looking statements contained in this presentation are made of the date of this presentation and, except as required by applicable law, Broadway assumes no obligation to update or revise them to reflect new events or circumstances. Historical information contained in this presentation regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. In particular historical results should not be taken as a representation that such trends will be replicated in the future. 2
Investment Highlights 100%-owned* Madison Cu-Au project located in the heart of southwest Montana s prolific gold and copper belt. Geophysics have identified significant and numerous shallow and deep targets. Recent drilling returned highest copper-gold grades intercepted in Western USA in recent memory. Two-mile-long trend of geophysical, geological and geochemical indicators. Source of mineralization could be Cu-Au porphyry at depth; new latite porphyry zone discovered Many unexplored areas hold significant potential. 3
Investment Highlights The Madison project is fully permitted for advanced exploration and bulk extraction with infrastructure and a small mining fleet for underground development. Collectively, Broadway s management team has created $2 billion in shareholder value in past ventures. Technical and financial experience to advance project to value proposition or exit. 4
Board of Directors, Management & Advisors Duane Parnham President and CEO, Director Steve Hanson Chairman Suzanne Wood, MBA CFO and Director Dr. Roger Laine, PhD Director Victoria Donato, CPA, CA Director Shawn Parnham, CPA, CMA Director R. Timothy Henneberry, P.Geo Geologist, Qualified Person Phil Mulholland, CPG Project Manager/Geologist Jenna Kaplan, M.Sc. Site Geologist Jarred Zimmerman, M.Sc. Site Geologist Dan Everett, B.Sc. Site Forman Dr. John Childs et al Childs Geoscience R. S. Middleton, P.Eng. Consulting Geophysicist 5
High Growth Potential at Madison Copper Gold Project Located 45 Minutes from Butte s $Billion Epicenter 6
Madison Property Map 7
Broadway/Madison History Broadway Mine Underground gold mining 1880-1950s Developed to depth of 650 feet, 2,000 feet of lateral development, 144,000 ounces of gold produced Historic database of 116 drill holes from drilling between 1983 and 2010 Mainly targeting gold Early drilling did not regularly assay for copper Several significant copper intersections never followed up 8
Broadway/Madison History Key Highlights 1986 1992 Inspiration 19 core holes over 5,004 feet; 15 RC holes over 4,605 feet Estimate of 1,406,400 tons grading 0.102 opt Au (non 43-101 compliant) First mention of deep porphyry target BMR Gold Estimate of 1,000,000 tons grading 0.090 opt Au and 1,900,000 tons grading 0.64% Cu Mention of a deep porphyry target Broadway Gold Mining Ltd. has not done sufficient exploration to verify these two historic estimates and is not treating them as a current resource and further the historic estimates cannot be relied upon. 9
Madison Coronado History Broadway Acquired Madison October 2016 Estimated US$10 Million and CDN$3 Million spent by Coronado Coronado Development and Work History 2005 2006 2007 2008 2009 2010 2011 2012-2016 6 core holes over 2,419.5 feet 8 core holes over 2,940.5 feet, underground development to 200 level 4 underground core holes over 575.6 feet, underground development to the 300 level Shipment to Barrick Golden Sunlight Mine, oxide gold 4 underground core holes over 575.6 feet; underground trial mining at 300 level; Copper shipment to China 7 underground core holes over 766.5 feet Shipment to Kinross Republic, sulfide gold Underground trial mining at 600 level Shipment to Philipsburg Mill, sulfide gold 3 underground core holes over 340 feet, underground development to 600 level Shipment to Kinross Republic Mill, sulfide gold Care and maintenance 10
Broadway: A New Beginning Significant Milestones Achieved Surface mapping and sampling Surface drilling 19 holes over 13,071 feet multiple high-grade copper/gold zones discovered Underground drilling below 600 level 7 holes over 1,007.5 feet bonanza grade massive sulfide intercepted 3D modeling (ongoing) Discovery of new latite porphyry zone of mineralization OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT 2016 2017 OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV Underground rehab to 600 level Staked additional 70 claims, increased total acreage to 1,871+ EM over main property block, also down hole Surface mapping and sampling over new property (ongoing) Soil geochemistry over entire property (ongoing) Completed new geological model Phase III Drilling Commenced Following porphyry discovery, staked additional 32 claims to increase total acreage to 2,514 New claims cover favorable geological and geophysical targets Two phases of IP completed Several targets, including deep porphyry, identified 11
Broadway Cu-Au Skarn Overview Interpretive cross section showing an inferred porphyry system at depth superimposed on a geologic section presented by the US Geological Survey (O Neill, 1996). After O Neill, et al., 1996 12
Broadway Cu-Au Skarn Overview The Broadway Cu-Au skarn district includes a two-mile by one-mile zone of skarn and alteration. It includes: a multi-episodic mineralization history, massive sulfides strong geophysical anomalies extensive recrystallization and propylitic alteration late silicification to form jasperoids massive sulfides with strongly magmatic sulfur isotope values jasperoid overprints much of the massive sulfide and skarn and correlates with gold Exploration Target: A large Cu +/- Au porphyry at depth, which produced a generation of fluids that formed the skarn zones discovered to date along faulted intrusive contacts currently exposed in accessible mine workings and at surface. All of which point toward a significant source of volatiles and sulfur, and a likely Cu-Au porphyry system at depth. 13
Phase I/II Surface Results (selected) Number Zone ft from ft to ft length m length gpt Au % Cu C17-01 jasper 342.5 498.5 156 47.55 0.477 0.977 C17-02 above zone C17-03 jasper 405 573 168 51.21 0.187 0.571 C17-04 jasper 360 372 12 3.66 0.809 0.199 C17-05 jasper 419 443 24 7.32 0.019 0.603 C17-05 jasper 479 608 129 39.32 0.418 1.468 C17-06 below fault C17-07 jasper 398 539 141 42.98 1.220 1.176 C17-08 below fault C17-09 jasper 480 492 12 3.66 4.249 1.882 C17-10 sulfide 452 482 30 9.14 4.288 3.122 C17-11 not drilled C17-12 jasper 540 570 30 9.14 0.361 1.391 C17-13 jasper 387 453 66 20.12 0.253 1.466 C17-14 jasper 410 437 27 8.23 1.927 0.154 C17-15 jasper 462 486 24 7.32 0.812 0.230 C17-16 jasper 581 743 162 49.38 0.097 1.725 C17-17 jasper 614 716 102 31.09 0.159 1.020 C17-18 no jasper C17-19 jasper 728 761 33 10.06 2.990 1148 C17-20 sulfide 429 507 78 23.77 1.843 1.247 The drill intersections are down hole widths not true width. 14
Underground Drilling (selected) Objective of program was to test down dip extension of the auriferous massive sulfide zone below 600 level Zone was discovered by Coronado as they continued to drive decline to further depth Small program of 1,007 feet in seven holes tested the zone with considerable success Massive Sulfide Assay Intersection Number ft from ft to ft length ft from ft to ft length length m gpt Au % Cu U17-01 in footwall U17-02 49 59.5 10.5 45 57 12 3.66 0.609 1.428 U17-03 39 66 27 57 75 18 5.49 1.702 1.625 U17-04 41.5 99 57.5 3 113 110 33.53 1.651 1.098 U17-05 28 124 96 27 126 99 30.18 24.50 0.391 U17-06 37 61 24 27 63 36 10.97 41.65 0.384 U17-07 short C17-20 479.5 504.5 25 429 507 78 23.77 1.843 1.247 The drill intersections are down hole widths not true width. 15
Underground Drilling Intersects Bonanza Gold Grades 600 Level Underground Drilling The drill intersections are down hole widths not true width. 16
3D Model Looking North Jasperoid Gold Shell Skarn 17
Geophysics November 2016: IP across original property Several shallow conductors and a deeper potential porphyry target April 2017: IP across new claims Several additional shallow conductors and deeper targets identified April 2017: Two EM loops for massive sulfides in vicinity of mine workings Two good conductors identified April 2017: Mise-a-la-Masse survey of underground drill hole for massive sulfides Survey located significant target to north of known massive sulfide zone 18
Geophysics Interpretation Mise-a-la-Masse and Mine Step-Out Target Area Northeast Mag High and TDEM Target Area North and East Central Chargeability and TDEM Target Area Southeast Chargeability Target Area 19
Possible Drill Targets Rader Creek Pluton Mise-a-la-Masse and Mine Step-Out Target Area Mise-a-la-Masse target for massive sulfides North and East Central Chargeability and TDEM Target Area Precambrian Paleozoic Section Area of Historic Exploration Northeast Mag High and TDEM Target Area North Central and East Central target to test deep copper porphyry system Northeast is target for massive sulfides Southeast contains two targets for copper-gold porphyry Southeast Chargeability Target Area 20
Mise-a-la-Masse Conductor Details Mise-a-la-Masse survey located strong conductor to the north of the 600 level sulfide zone Suggests a second potential sulfide zone yet to be explored 21
Phase III Drill Program Underway 3,050 meters (10,000 feet) Testing multiple high-priority targets identified through detailed programs in 2017 Targets extend over a well-mineralized, twomile-long by one-mile-wide zone of geophysical, geological and geochemical indicators First three holes - distinct IP and TDEM targets interpreted to be associated with a copper-gold porphyry system at depth First hole C17-24 drilled to depth of 1,237 feet ending in latite porphyry (see news release dated October 26, 2017) Drilling also seeks to extend the auriferous and cupriferous jasper mineralization consisting of native copper and gold Broadway is fully funded for completion of the Phase III program C17-24 Latite porphyry showing the phyllic alteration C17-24 Carbonate-latite porphyry contact, note the chaotic folding and brecciation 22
Additional Fall 2017/Winter 2018 Milestones Expand underground gold zone and volume calculation Deliver maiden compliant resource/reserve calculation Increase institutional awareness and market support Continue building strong shareholder support and capital appreciation De-risk project for future M&A activity 23
Share Structure TSX.V: BRD OTCQB: BDWYF Qualified Person R. Tim Henneberry, P.Geo., a Qualified Person as defined by NI 43-101, has reviewed and approved the technical information contained in this document. *As at May 31, 2017 (CDN$) **As at November 3, 2017 (CDN$) ***Fully diluted shares Shares Outstanding* 36.9 MM Share Price** $0.365 Market Cap** $13.5 MM Cash* $2.36 MM Debt* NIL Management/ Board*** ~20% 52-week Chart** Source: www.stockwatch.com 24
APPENDIX 25
Regional Geology and Tectonics 26
Regional Geology The Broadway mine is at the approximate intersection of two major tectonic zones controlling mineralization regionally: The Great Falls Tectonic Zone controls porphyry, gold and other mineralization; and, The Southwest Montana Transverse Zone (Perry Line) controls syngenetic mineralization in the Belt Basin. Southwestern Montana is characterized by two main porphyry, skarn and gold mineralizing events: One is Cretaceous (e.g., Butte, Golden Sunlight) A second is Eocene (e.g., New World, Emigrant) The early skarn/porphyry and later jasperoid at Broadway may represent a continuum during Cretaceous time, or it may reflect two distinct mineralizing events, possibly as late as the Eocene. The bonanza grades at the Broadway and Hudson mines might therefore represent upgrading of early copper-gold values by later remobilization and enrichment. 27
Porphyry-Skarn-Jasperoid Deposits at Ely, Nevada Ely NV Schematic Cross-Section Comparison of Ely Skarns with Broadway Skarns Both are similar systems with unusually well developed jasperoid. Both are controlled by fold-related faulting in Paleozoic limestones, intruded by Cretaceous plutons. Jasperoid is better correlated with gold at Broadway. In both, jasperoid is associated with alteration of Cu-bearing minerals and deposition of chalcocite and native Cu. Jasperoid formed by low-t supergene oxidation at Ely but by higher-t hypogene oxidation at Broadway - self-heating oxidation of sulfides (Sotendahl and Gammons, 2012). Conclusion: Broadway fluids had more sulfur than at Ely, reflecting a more sulfide-rich source. The oxidation of sulfides heated and strongly acidified hydrothermal fluids. After Maher, D.J., 1995 28
Property Geology Located on southern flank of Cretaceous Rader Creek pluton. Pluton intrudes Mississippian Madison Limestone carbonate sequence. Thrust faulting has brought Precambrian metasediments over the younger rocks, masking the favourable geology. Regional and local faulting appear to be key to mineralization. Auriferous jasper, Cu-Au skarn and deeper porphyry potential. Madison Mine 29
Madison Project: Surface Drilling Target Zone as of June 21, 2017 30
Cross Section 9 31
Cross Section 10 32
Contributing Consultants Database, geological modeling and mapping Underground rehab and Phase I underground drilling Phase I and II surface core drilling Peter E. Walcott & Associates Limited Robert Middleton P.Geo. Phase I and II deep IP, EM and Mise-a-la-Masse geophysical surveys Geophysics advisory Core and ground sample analysis Chris Gammon, PhD, advisory and study 33