Orex Minerals Inc. · TSXV:REX

Orex Minerals — Investor Presentation (August 2015)

25 slides from Orex Minerals's investor presentation, August 2015

  1. Slide 1: Sweden – Mexico – Canada

    SWEDEN - MEXICO - CANADA GOLD –SILVER – COPPER - EXPLORATION SWEDEN – MEXICO – CANADA August 2015 1

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation of Orex Minerals Inc. (the “Company”) contains “forward-looking information” within the meaning of the United States “Private Securities Litigation Reform Act of 1995” and applicable Canadian securities legislation. Statements containing forward-looking i

  3. Slide 3: It Takes a Team

    It Takes a Team Gary Cope President, Director Ben Whiting, M.Sc., P.Geo. Vice President Exploration Art Freeze, P.Geo. Director & Technical Advisor Dale Brittliffe, P.Geo. Technical Advisor Photo (left to right): George Cavey, P.Geo Ben Whiting, Gary Cope, George Cavey, Art Freeze Advisor to Board O

  4. Slide 4: Capital Structure

    Capital Structure Current as of August 6, 2015 Share Structure Issued 101,890,199 Warrants (avg. price $0.30) 13,357,500 Options (avg. price $0.46) 6,294,000 Avg. Daily Vol. (12 Wks) 13,645 Agent’s Options ($0.25) 1,286,180 52-Week High $0.43 Fully Diluted Shares 123,982,879 52-Week Low $0.135 Notab

  5. Slide 5: Project Portfolio

    Project Portfolio CANADA SWEDEN Gold - Copper Gold and Polymetallic MEXICO Gold - Silver - Copper 5

  6. Slide 6: Barsele Gold Project

    Barsele Gold Project 45% ownership of 32,709 hectares (80,826 acres) of mineral concessions Storuman Västerbottens Län SWEDEN 6

  7. Slide 7: Barsele Gold Project

    Barsele Gold Project  Located 600 km N of Stockholm  Orex has 45% Ownership  JV with Agnico Eagle Mines Ltd.  Property is set in midst of the Fennoscandian Shield  Host rocks part of prolific Proterozoic “Skellefte Trend”, where it meets ‘Gold Line’ of Sweden  In the area with major producers

  8. Slide 8: Barsele Gold Project

    Barsele Gold Project MINERALS INC. SWEDEN Vasterbottens Lan a o SEY ons: Nan \Svartliden \\ Faboliden LEGEND 9 OREX Minerals Project 0 100 km \ e VMS Deposits Gold Deposits Scale 8

  9. Slide 9: Barsele Gold Project

    Barsele Gold Project Agnico Eagle Mines Ltd. JV Summary  Agnico Eagle owns  Agnico Eagle has an  Agnico Eagle either 55% Orex owns 45% option to increase to buys additional 30% 70% by taking or continue to share  Agnico Eagle pays Project to Pre- costs at 70-30 split US$10M (US$6M Feasibility up

  10. Slide 10: Barsele Gold Project

    Barsele Gold Project Why Agnico Eagle?  Name recognition  One of the top performing senior mining stocks  Very active in M&A  Strong management team  Well respected in sector as senior Miner  Understand Region  Successful operation at Kittila Mine in Lapland, Finland  Knowledgeable and well

  11. Slide 11: Barsele Gold Project

    Barsele Gold Project Spinout into Barsele Minerals Inc Why Spinout Barsele Gold Project?  Increase Shareholder Value  Current Orex Shareholders receive shares in NewCo  Protect other assets in case of takeover  Pareto Securities to raise capital  Acquire other Scandinavian assets  Listed on TS

  12. Slide 12: Barsele Gold Project

    Barsele Gold Project Phase-I Diamond Drill Results Central Zone – Select Drill Intercepts Core Au From To Hole Length (g/t) (m) (m) (m) Au-AA26 11CNT001 16.75 292.30 275.55 0.81 includes 35.40 234.30 198.90 1.07 11CNT002 29.65 320.40 290.75 0.92 includes 165.30 234.40 69.10 1.81 11CNT004 41.00 393.3

  13. Slide 13: NI 43-101 Resource Estimate – Nov. 5, 2012

    NI 43-101 Resource Estimate – Nov. 5, 2012 Au Cut-off Resource Au Grade Contained Zone Tonnes Central-Avan- (g/t) Category (g/t) oz Au Skiråsen Gold Zones Central Indicated 13,610,000 1.22 532,000 Indicated Resources: Central-Skiråsen Inferred 9,840,000 1.08 340,000 547,000 oz Au 0.60 Avan Indicated

  14. Slide 14: Barsele Gold Project

    Barsele Gold Project MINERALS INC. 1300000 we 86000 sw NE i Section 6575N g N ; . 081 Does i d f.07¢/t Au /198.90m _ A i; Sam i i f = /1.25g/t Au / 352, 35m i 4 — 2.25¢/t Au / 19.30m As ae i : = Ontrisket B.43q/t Au / 102.35m 1.81g/t Au / 69.10m § i [a.s7@/t au / 48.55m — PE 2 eft au /52.50m] 1008 S

  15. Slide 15: Coneto Silver-Gold Project

    Coneto Silver-Gold Project 100% ownership of 15,700 hectares (38,800 acres) of mineral concessions Coneto de Comonfort Durango State 15 MEXICO

  16. Slide 16: Coneto Silver-Gold Project

    Coneto Silver-Gold Project 16

  17. Slide 17: Coneto Silver-Gold Project

    Coneto Silver-Gold Project  In the heart of the “Mexican Silver Trend” which hosts some of world's largest silver deposits:  Fresnillo  Guanajuato  La Pitarrilla  La Preciosa  Real de Angeles  Zacatecas  Located 100 km N of city of Durango, Mexico  Coneto Mining Camp has over 450 years of m

  18. Slide 18: Coneto Silver-Gold Project

    Coneto Silver-Gold Project Fresnillo PLC Association Agreement Summary Fresnillo PLC has right to Phase-IV Orex contributes Joint increase NewCo ownership Diamond Drill after Fresnillo PLC Management to 70% by advancing Program meets 70% Exploration Coneto Project to Completed in requirement Program

  19. Slide 19: Coneto Silver-Gold Project

    Coneto Silver-Gold Project Phases-I & II Diamond Drill Results Select Drill Intercepts Core True From To Au Ag Ag-Eq Hole Vein Length Width (m) (m) (g/t) (g/t) (g/t) (m) (m) CC-10-01 Loma Verde 184.10 192.90 8.80 7.72 0.47 165 193 Incl. 188.70 192.40 3.70 3.03 0.45 265 292 CC-10-12 Impulsora 109.40

  20. Slide 20: Coneto – Diamond Drill Core

    Coneto – Diamond Drill Core Oxide Mineralization 20

  21. Slide 21: Coneto – Diamond Drill Core

    Coneto – Diamond Drill Core Sulphide Mineralization Hole BCO-11 – Sample # 324423 Au = 38.3 g/t – Ag = 4,990 g/t Cu = 1.39 % – Pb = 2.51 % – Zn = 3.51 % 21

  22. Slide 22: Coneto Silver-Gold Project

    Coneto Silver-Gold Project Exploration Objectives Target size = > 100 million oz of silver equivalent 2010 2012-14 2015 Fresnillo currently completing program Fresnillo completes Orex Completes to earn 55% phase 2 & 3 Phase 1 5,000m 21 ownership on project. 22,800m 59 holes hole program Initial reso

  23. Slide 23: Jumping Josephine Gold Project

    Jumping Josephine Gold Project 100% ownership of 11,200 hectares (28,700 acres) in the West Kootenay Region, Southwestern BC, Canada  NI 43-101-compliant resource estimate (cut-off of 0.5 g/t Au) that has defined 34,000 ounces of gold indicated (363,000 tonnes grading 2.95 g/t Au) and 30,000 ounces

  24. Slide 24: Orex Advantages

    Orex Advantages Orex has Three Projects in Three Mining Friendly Jurisdictions  Barsele has a Joint Venture with Agnico Eagle Mines Ltd.:  Orogenic Gold Deposits at surface – NI 43-101 Resource  Volcanogenic Massive Sulphides (VMS) polymetallic deposits unexplored  Spinout gives you shares in tw

  25. Slide 25: Contact Information

    Contact Information Orex Minerals Inc. Suite 1130 - 1055 W. Hastings Street Vancouver, BC Canada V6E 2E9 (604) 687-8566 (604) 687-6365 info@orexminerals.com www.orexminerals.com 25

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