ADVANCING A PROSPECTIVE PORTFOLIO TO DISCOVERY SUCCESS Copper - Gold - Silver GOLD-SILVER PROJECTS Northern Chile Summary July 2018
Cautionary Statement 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. 2
Revelo Gold-Silver Projects in northern Chile Gold-Silver projects 8 project interests 3 projects available for JV / spin-out Las Pampas, Victoria Sur, Orca 1 option/sale/royalty agreement Loro 4 NSR royalty interests in 3 rd -party exploration projects Exceptional Jurisdiction Chile geology, government, law, infrastructure, people, services Exceptional Location Northern desert along trend from major mining districts Exceptional Land Position > 33,000 Ha (100% owned) + royalty interests Magallanes Loro Las Pampas Limbo Reprado Victoria Sur San Guillermo Orca 3
Available Projects Victoria Sur Cu Victoria I & II - Cenizas --Cu Nueve Vidas + - Magnetic Anomalies Quebrada (dry valley) Chaco Domeyko Cordillera at Victoria Sur View looking SE showing Quebrada Chaco with Nueve Vidas and Cenizas beyond Key Targets at Victoria Sur 4
Victoria Sur Project (Gold-Silver-Copper) Available Cu Gold + Gold-Silver-Copper exploration project Northern Chile See separate technical presentation Significant historic trench and drill intercepts E.g. 8m @ 10.5g/t + 29g/t E.g. 72m @ 0.40g/t (including 16m @ 0.72g/t ) Porphyry-gold + Epithermal gold-silver-copper targets High-grade epithermal structures Bulk-tonnage porphyry gold target Possible epithermal or porphyry gold-copper Northern Chile Desert terrane Easy access / moderate altitude - multi-gram gold and + oz silver - significant size potential Deal type Spin-out into Newco / Shell with stock, participation, royalty, work commitment Possible traditional farm-out 5
Regional Geological Setting Cu Victoria Sur Porphyry Porphyry / Epithermal -Cu Domeyko Cordillera Mid-Tertiary mineral belt 3 of world s top 6 copper mining districts Important gold deposits and gold-rich copper porphyries From: Mpodozis C. & Cornejo P. (SEG SP 16 2012) 6
District Geological Setting Cu PanAmerican Highway LA ESCONDIDA DISTRICT * (BHPB, RT, Barrick, Antofagasta, Mitsubishi) - Copper-Moly-Gold District - ~ 144 Mt Contained Cu - >> 1 Mt fine Cu production / year * (world s largest) - 3 mines (La Escondida, Escondida Norte, Zaldivar) - 1 undeveloped deposit (Pampa Escondida),, & - mines current & historic production VICTORIA SUR PROJECT (~ 6,600 Ha) Prolific mineral belt along trend from world-class mines and deposits Key controlling faults of the Domeyko Cordillera Porphyry- + Epithermal - + - +/- Cu EXPLORADORA DISTRICT (Codelco / Antofagasta) * 20 Km - Copper-Gold and Gold-Silver District - Porphyry Cu- discovery - LS Epithermal - Veins (*) Production & Contained Metals Figures from Company Websites & Academic Publications 7
Principal Targets Cu NUEVE VIDAS CENIZAS Porphyry target trench & drill intercepts Cross-cut by high-sulphidation epithermal - -Cu structures trench & drill intercepts Intrusive porphyry complex with diorite / tonalite Chlorite-epidote-magnetite veining and alteration with highly anomalous in dioritic porphyry Strong magnetic anomaly Cross-cutting jarositic / limonitic structures with high-grade - Contact skarn alteration with sediments High-sulphidation epithermal --Cu structures Possible epithermal or porphyry -Cu potential at depth Extensive base of lithocap-style alteration Sericite, (muscovite), dickite identified intense leaching and supergene effects Clastic, volcaniclastic and volcanic sequences of Late Jurassic Cretaceous age Andesite and rhyolite porphyry plugs Zoned propylitic alteration to S and W Jarositic / limonitic breccia zones with highly anomalous & As 8
Available Projects Las Pampas Cerritos Sur at Las Pampas Historic, artisanal silver workings at Cerritos Sur part of a ~ 8 Km trend 9
Las Pampas Project (Gold-Silver) Available Gold-Silver exploration project Northern Chile See separate technical presentation Centred along trend and just 40 Km southwest of the major El Peñon Fortuna gold-silver mining district (Multi-million oz + ) One of Chile s most important precious metals mining districts Epithermal, bonanza-style gold-silver vein targets major district play (~ 22,000 Hectares) Multi-kilometer geochemical anomalies Major high-level chalcedonic silica sinter outcrop Drill intercepts indicating presence of mineralised systems (limited drilling) Deal type Northern Chile Desert terrane Excellent infrastructure, easy access Spin-out into Newco / Shell with stock, participation, royalty and work commitment Possible traditional farm-out 10
Regional Geological Setting Las Pampas Epithermal - Paleocene (or Central) Belt Early-Tertiary mineral belt Central zone typified by precious metals deposits Important porphyry copper deposits along trend to N and S 11
District Geological Setting PanAmerican Highway 10 Km Approximate Trace of Dominador Fault Zone EL PEŇON FORTUNA DISTRICT (Yamana Gold) * - > 1 M oz + 36 M oz reserves (2016) - > 200,000 oz + 6 M oz production (2016) - El Peñon & Fortuna mines Low-sulphidation multiple producing veins - Multi-million oz historic production since mid-1990s LAS PAMPAS PROJECT (~ 21,800 Ha) Prolific mineral belt along trend from world-class mines and deposits Key controlling fault from the El Peñon District the Dominador Fault Low-sulphidation, epithermal - vein prospects CACHINAL DE LA SIERRA & EL SOLDADO - Historic producers Low-Sulphidation and GUANACO DISTRICT (stral Gold) * - > 1 M oz historic production (estimated) - > 40,000 oz production / year (2017) - Multiple producing High-Sulphidation structures (*) Production & Contained Metals Figures from Company Websites & Academic Publications 12
Principal Targets TARGET H Low-sulphidation epithermal - vein target High-grade vein float at surface Drilling cut complex Dominador Fault Zone TARGET F Low-sulphidation epithermal - vein target Intense hematite capping (typical of belt) Drilling cut low-t quartz with -As (high-level) CERRO 1868 Low-sulphidation epithermal - vein target Silicified and altered rhyolite dome complex Anomalous geochemistry no drilling CERROS BAYOS Low-sulphidation epithermal - vein target Large, low-t silica sinter field with silver Geophysical anomalies not tested by drilling CERRITOS TREND OTHER Low-sulphidation epithermal - vein target Extensive anomalous geochemical trend Wide-spaced drilling cut + anomalies Multiple geochemical & geophysical anomalies remain untested by drilling 5 Km 13
Available Projects Orca Orca Historically mined structures with gold along shear zone belt 14
Orca Project (Gold) Available Gold exploration project Northern Chile (Coastal Belt) Series of old gold workings along ductile shear zone +5 Km strike Grab samples from old workings From zero to 18.25g/t Shear-zone hosted gold targets Narrow, high-grade structures - multi-gram gold Northern Chile Desert terrane Easy access / moderate altitude Deal type Spin-out into Newco / Shell with stock, participation, royalty, work commitment Possible traditional farm-out 15
Regional Geological Setting Orca Shear-zone hosted Coastal Belt Mesozoic mineral belt Atacama Fault Zone Major IOCG deposits Porphyries, mantos, intrusion-related veins Shear-zone gold 16
Orca - Photos Views of area showing principal abandoned gold workings developed along sub-vertical to steeply dipping shear zones 17
Existing Option reements Loro Project Loro Outcropping and sub-cropping epithermal quartz veins at Loro 18
Loro Project (Gold-Silver) Subject to Option / Sale / Royalty Gold-Silver exploration project Northern Chile See separate technical presentation Centred along trend, just 25 Km south of the major El Peñon Fortuna gold-silver mining district (Multi-million oz + ) One of Chile s most important precious metals mining districts Epithermal, bonanza-style gold-silver vein targets Multi-kilometer geochemical anomalies High-level chalcedonic silica sinter outcrop Trenching underway drilling planned Northern Chile Desert terrane Excellent infrastructure, easy access Deal type Option & Sale agreement with Hochschild Mining 5-year option US$13M or 30,000m of drilling Hochschild to pay Revelo up to US$20M in cash + 1% NSR royalty on production Revelo operating exploration program 19
Regional Geological Setting Loro Epithermal - Paleocene (or Central) Belt Early-Tertiary mineral belt Central zone typified by precious metals deposits Important porphyry copper deposits along trend to N and S 20
District Geological Setting PanAmerican Highway EL PEŇON FORTUNA DISTRICT (Yamana Gold) * - > 1 M oz + 36 M oz reserves (2016) - > 200,000 oz + 6 M oz production (2016) - El Peñon & Fortuna mines multiple producing veins - Multi-million oz historic production since mid-1990s Approximate Trace of Dominador Fault Zone LORO PROJECT (~ 4,800 Ha) Prolific mineral belt along trend from world-class mines and deposits En-echelon structures aligned along N-S trend Low-sulphidation, epithermal - vein prospects CACHINAL DE LA SIERRA & EL SOLDADO - Historic producers and GUANACO DISTRICT (stral Gold) * 20 Km - > 1 M oz historic production (estimated) - > 40,000 oz production / year (2017) - Multiple producing structures (*) Production & Contained Metals Figures from Company Websites & Academic Publications 21
Royalty Interests San Guillermo, Reprado, Magallanes, Limbo San Guillermo Exploration trenches at San Guillermo 22
Royalty Interests Revelo has NSR royalty interests in 4 gold-silver exploration projects in northern Chile Reprado 1.0% NSR royalty ~ 2,750 Ha owned by stral Gold (TSX-V: AGLD) San Guillermo 0.5% NSR royalty ~ 12,000 Ha owned by stral Gold (TSX-V: AGLD) Magallanes 1.0% NSR Royalty ~ 1,000 Ha owned by stral Gold (TSX-V: AGLD) Limbo 1.0% NSR Royalty ~ 5,600 Ha owned by stral Gold (TSX-V: AGLD) Located along same mineral belt as the major El Peñon Fortuna gold-silver mining district (Multi-million oz + ) and the Amancaya gold-silver mine (emerging district) One of Chile s most important precious metals mineral belts Epithermal, bonanza-style gold-silver vein targets Historic gold-silver intercepts in trenches (Reprado, San Guillermo & Magallanes) Historic gold-silver intercepts in drill holes (Reprado & San Guillermo) Northern Chile Desert terrane Excellent infrastructure Easy access 23
Royalty Interests Gold-Silver Magallanes Gold-Silver projects 4 NSR royalty interests in 3 rd -party exploration projects Reprado San Guillermo Limbo 24
District Geological Setting Reprado & San Guillermo Access to PanAmerican Highway REPRADO PROPERTY (stral Gold ~2,750 Ha) - Revelo 1% NSR royalty interest - Historic trench and drill intercepts - Along direct trend from Amancaya mine AMANCAYA MINE (stral Gold) * - stral Gold s newest mine - Emerging epithermal vein district new veins discovered - > 400,000 oz gold equivalent resources SAN GUILLERMO PROPERTY (stral Gold ~12,000 Ha) - Revelo 0.5% NSR royalty interest - Historic trench and drill intercepts - Surrounds and along direct trend from Amancaya mine REVELO EXPLORATION PROPERTIES 20 Km - At Morros Blancos (blue) and Altamira (purple) - Copper-focused exploration plays (*) Production & Contained Metals Figures from Company Websites & Academic Publications 25
Revelo Gold-Silver Projects in northern Chile Gold-Silver projects 8 project interests 3 projects available for JV / spin-out Las pampas, Victoria Sur, Orca 1 option/sale/royalty agreement Loro 4 NSR royalty interests in 3 rd -party exploration projects Individual option / JV agreements on available projects Magallanes Loro Las Pampas Limbo Reprado Victoria Sur San Guillermo Spin-out into Newco or existing shell of available projects in exchange for shares, royalty and firm commitment to explore Spin-out of entire gold-silver portfolio including royalty interests details to be discussed Orca 26
Revelo Corporate Summary WHAT WE DO WHERE WE DO IT CHILE (THE PLACE TO BE) Copper - gold - silver explorer in Chile Consolidated land from 2014 to 2016 >US$100M historic exploration on portfolio Expertise in porphyry/epithermal deposits Partnering projects, generating royalty interests Chile Mining country main economic activity Focused in the northern desert Safe country to work in Politically and fiscally stable Legal system works Both Major and Mid-Tier players are present Exploration investment is re-awakening WHAT WE HAVE * Currently nonproducing ~200,000 Hectares of mineral property interests 26 project interests / ~35 targets 16 projects available for Option / JV / Sale 3 Option / JV or Sale / Royalty reements 7 Royalty Interests * 100Km 27
In the Shadow of the Headframe STAGE EXPLORATION LOCATION NORTHERN CHILE METALS COPPER-GOLD-SILVER TENEMENT MAJOR LAND POSITION PORTFOLIO MULTIPLE TARGETS TEAM HIGHLY EXPERIENCED 28