A Yukon Focused Gold Exploration Company

Finding the Goods !

Safe Harbour Statement

Information set forth in this presentation involves forward-looking statements, including but not limited to comments regarding timeline, predictions and projections. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified on the Company’s website or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulators. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking state. The historical estimates contained in this presentation have not been verified as current mineral resources. In general, Territory Metals believes that the historical estimates are a reasonable estimate based on data available at the time and that there is potential to expand this historical estimate to a significant drill discovery through an initial round of exploration drilling and by closer-spaced infill drilling to standards suitable for formal resource estimation. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Territory Metals is not treating the historical estimate as current mineral resources or mineral reserves. No assurances can be made that exploration targets will be developed into resources or reserves. The exploration targets are conceptual in nature and relies on projections of mineralization that are beyond the standard CIM classification of mineral resources and should not be relied on as mineral resource estimates

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• Einarson Gold Project - large scale Carlin type gold targets

• Hinton Gold Project - drill ready high-grade gold targets

• Exposure to Gold in the ground and a tight share structure

• Strong management team that is discovery driven

• Drilling in 2018 to unlock shareholder value

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Life Cycle of a Gold Deposit

Territory is here

Exploration Stage Mining Stage

Exploration Discovery Feasibility Development Production Closure

Investing here is high risk high reward

Why Invest in Territory Metals

Why The Yukon

• Pro-mining government - long mining history

• Large underexplored land base

• Well endowed mineral potential

• Major mining companies investing - tier one jurisdiction

• Goldcorp purchased Coffee Creek for $520M / feasibility and mine permitting

• Barrick (ATAC’s Rackla Belt / Orion Project) can earn 70% by spending $55M

• Newmont (Goldstrike / Plateau Project) can earn 80% by spending $39.5M

• Agnico Eagle (20% equity in White Gold Corp)

• Kinross (20% equity in White Gold Corp)

• Victoria Gold (Dublin Gulch) positive feasibility / currently in construction

• Alexco Resources is targeting production by the end of 2018

• Western Copper and Gold / positive feasibility / project financing and permitting

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Corporate Summary

• 10 million shares outstanding and $500,000 in cash

• Target public listing IPO/RTO in May/June 2018

• Founded in 2017 by Gary Thompson, and Sorin Posescu

• Target high-grade under ground and large scale open pit mines

• Drill ready targets on exclusive rights to a portfolio of gold exploration properties

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Experienced Team

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• Gary R. Thompson, P.Geo. CEO, Director & Founder

• Mr. Thompson has over 25 years of resource exploration experience in precious metals including oil & gas and renewable power. His previous experience includes both major to junior mining and energy companies. Mr. Thompson is a founder and CEO of Brixton Metals Corporation and previously worked for NovaGold Resources, Newmont Mining, Encana Corporation throughout North America. He built Sierra Geothermal Power as CEO until it was acquired by Ram Power Corp in 2010. Vendor of Dunnedin’s (DVI) diamond assets and Solstice Gold (SGC) assets and holder of 2% NSR for both diamonds and gold located near Agnico’s Meliadine Mine.

• Sorin Posescu, P.Geo. Executive Director & Founder

• Mr. Posescu is a professional geologist with more than 20 years of experience in natural resources exploration and development with several discovery credits. He is currently VP Exploration of Brixton Metals Corporation. Mr. Posescu has worked as project geologist for OMV-Petrom, Sierra Geothermal Power and NovaGold Resources where he worked on world class Donlin Creek and Galore Creek deposits. Mr. Posescu has experience working for major to junior resource companies throughout Europe, USA and Canada and has extensive experience in M&A and strong background in corporate and project valuation. Vendor of Dunnedin’s (DVI) diamond assets and Solstice Gold (SGC) assets and holder of 2% NSR for both diamonds and gold located near Agnico’s Meliadine Mine.

• Cale Moodie, BSF, CPA, CA, CFO

• Mr. Moodie’s career in public markets spans well over 15 years. He is a Director and CFO of Brixton Metals Corporation. Mr. Moodie was previously CFO of Underworld Resources Inc. until its sale to Kinross Gold Corporation in 2010. He is a member in good standing with the Institute of Chartered Professional Accountants of British Columbia, and previously worked for KPMG LLP’s Vancouver Industrial Markets Group, with an emphasis on mining and resource-based companies.

• Darren O’Brien, P.Geo., VP Exploration

• Mr. O’Brien is a professional geologist with 25 years experience in the gold and base metal exploration industry. He previously worked for Placer Dome Exploration on projects such as Donlin Creek, Pueblo Viejo, Musselwhite, Campbell Minex, Madsen Mine, and Mt Milligan. For the past 12 years, Mr. O’Brien has primarily been working with junior explorers to advance their projects and has held officer positions with several public companies including BC Gold Corp., Terrane Metals Corp (sold for $650 million) and Pure Gold Mining.

Independent Directors

• Olen Aasen, J.D. Independent Director

• Mr. Olen Aasen is a corporate and securities lawyer with more than 11 years of experience in corporate, securities, mining and regulatory matters. He has been the Corporate Secretary or General Counsel for various Canadian and U.S.- listed companies including Excelsior Mining Corp. (TSX: MIN), Alderon Iron Ore Corp. (TSX: IRON) and Canada Jetlines Ltd. (TSXV: JET). Olen did his undergraduate studies at the University of British Columbia’s Sauder School of Business, obtained his Juris Doctor degree from the University of British Columbia and is a member of the British Columbia Bar. Olen was named to the 2016 Legal 500 General Counsel Powerlist for Canada.

• Anthony P. Taylor, Ph.D., Independent Director

• Dr. Taylor has 53 years of experience in mineral exploration in Europe, Australia South Africa, North and Central America with major companies, including Cominco, Selection Trust, BP Minerals and Gencor. He and his teams discovered a number of important economic deposits. In Nevada, he has managed exploration teams for Amselco and BP Minerals and co-founded juniors Great Basin Exploration and Mining, Gold Summit Corporation and Selex Resources. Dr. Taylor has published and co-authored a total of 7 gold related papers including Carlin type deposits. Dr. Taylor recently retired as a director of Hecla Mining Company after 15 years board and committee member service. Currently he serves on the board of Cresval Resources, listed on the TSVX.

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White Gold District

HINTON (Au, Ag)

PLATA (Au, Ag)

* corporate website

Golden Predator BREWERY CREEK (Au)

Past production 0.28M oz Au* 0.72Moz Au Indicated* 0.83Moz Au Inferred*

Victoria Gold EAGLE (Au)

2.7M oz Au (Reserves)*

4.8Moz Au (indicted)* 1.5Moz Au (inferred)*

ATAC RAU PROJECT(Au)

0.48Moz Au (M+I)* 0.19Moz Au Inferred*

ATAC with Barrick Earn-in ORION PROJECT(Au)

Exploration

Alexco Resources KENO HILL (Ag)

Past production 220Moz Ag* P+P 4.3Moz Ag*

Indicated 67.9Moz Ag* Inferred 17.9Moz Ag*

Metallic Minerals KENO SILVER (Ag)

White Gold Corp SADDLE (Au)

1.0M oz Au Indicated* 0.4Moz Au Inferred*

Goldcorp Coffee (Au)

P+P 2.16Moz Au M&I 0.69Moz Au Inferred 2.21Moz

Au*

Goldstrike /Newmont PLATEAU (Au)

Exploration

Yukon

NWT USA

LANLO (Au)

ATAC OSIRIS PROJECT (Au)

EINARSON (Au)

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RACKLA AND TOMBSTONE BELT PROJECTS Yukon Gold Belts

Rackla Gold Belt

• Einarson Project:

• Territory Metals 70% / Anthill Resources 30%

• 200,000 hectares

• 4,202 silt samples / 20,349 soil samples 4,974 rock samples

• 15 drill holes (3,055 metres)

• Eastern Rackla Gold Belt:

• Defined by Carlin-style gold discoveries

Orion / Anubis / Conrad / Osiris / Venus

Tiger

Conrad

Venus

Mars F2

B

Misty

Orion

Measured and

Indicated Resource

5.680 Mt at 2.66 g/t Au

(485,700 oz Au)

Orion Zone:

61.3m @ 2.75 g/t Au

Anubis Zone:

8.5m of 19.85 g/t Au

Conrad Zone: 42.9m @ 18.4 g/t Au

Osiris Zone: 65.2m @ 4.65 g/t Au

Trench: Mars 30m @ 1.83 g/t Au

Venus Zone: 38.7m @ 9.6 g/t Au

EINARSON PROJECT (Territory Metals 70%)

ATAC Resources

Anthill Resources (100%)

Strategic

Metals

20 km

ATAC / Barrick Option

ATAC Resources

Strategic

Metals

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Strategic Metals

Gold Mineralization in the Eastern Rackla Belt

• Grassroots discoveries targeting gold and arsenic stream sediment anomalies

• Mineralization hosted in marine clastic (Yusezyu & Lower Narchilla Fms) and carbonate rocks (Algae Fm)

MARS Gold Mineralization

Rackla Gold Mineralization

• Gold mineralization best developed at:

• Folded lithological contacts

• Structural intercepts within silty limestone

• Fault breccias within non-calcareous clastic rocks

• Alteration characterized by decarbonatization and silica

• Late-stage realgar and orpiment proximal to gold mineralization

• District scale Carlin type gold targets

Modified from Moynihan, 2013 (YGS)

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Exploration Model Einarson

• Rackla Belt above ancient crustal structure

• Thick sedimentation, debris flows, soft-sediment deformation indicate reactivation of structure

• F1 and F2 folds mapped throughout area (domal structures)

• Gold mineralization associated with mid-Cretaceous (~100 Ma) reactivation of Dawson Fault structure

• 3 styles of gold mineralization:

• Carlin-style, decarbonatization of Hyland Group silty limestones (ATAC Resources: Osiris, Anubis; Anthill: Venus)

• Orogenic- style, structurally controlled, gold deposition along lithology competency changes (brittle limestones/greywackes vs. ductile shales) (Golden Predator 3 Aces)

• Mid-Cretaceous Tombstone-style, intrusion-related gold deposits (Golden Predator: Brewery Creek; ATAC Resources: Tiger)

Mackenzie Platform >1.4 Ga Proterozoic Off-shelf of

N.A. Craton

Wernecke Supergroup

Interbedded siliciclastics over

dolostone basement

Road River Group Devonian to Ordovician

(360-485 Ma)

N

S Fault

Selwyn Basin Hyland Group (540 - 635 Ma)

Slope margin sediments to

laminated deep basin sediments

Back-arc extension related to

relaxation of Dawson Fault

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Geology Einarson

KLF

Proterozoic Offshelf Paleozoic Offshelf Selwyn Basin Slope Margin Deep Basin

UPIB

N S DTF

Kathleen Lakes Fault

F2

Venus

Osiris

UPIB

• Kathleen Lakes Fault and Dawson Thrust Fault represent surface expression of ancient crustal structure and transition from margin to basin environment

• Faults ‘horsetail’ into the fine clastics of the Selwyn Basin (Narchilla Fm)

• Thrust faults and normal faults have been identified

• At least two episodes of folding identified that uplift silty limestone (Algae Fm) and sandstone grits (Yusezyu Fm) as domal structures

• Gold mineralization identified at domal uplifts

Narchilla Shales

Algae Silty Limestone

Yusezyu Grits

Selwyn Basin

Einarson Project Gold in Stream Sediments

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Osiris/Conrad (ATAC)

Einarson Project Arsenic in Stream Sediments

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Osiris/Conrad (ATAC)

Realgar in Trench at Venus

Einarson Project Mars Zone Arsenic in Stream Sediments

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Einarson Project Mars Zone Gold in Stream Sediments

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Mars Zone Einarson Project

• Multiple arsenic soil anomalies reveal large mineralized system and gold-bearing structures

• Trench sampling returned 1.83 g/t Au over 30m

• Drilling returned 0.57 g/t Au over 21.2 m from fault zone in siltstone-sandstone

• Both open to expansion along strike with potential of intersecting limestone host rock

Arsenic

Algae Lake Formation – Silty

limestone to calcareous sandstone;

potential for Carlin-style gold

mineralization

Narchilla Formation – siltstones to

shale; fault controlled gold

mineralization

Yusezyu Formation – sandstones and

grits; fault controlled gold

mineralization

Drilling & Trench

Mars North

Mars NE

Mars

25.2 g/t Au

Gold-in-Soil

17 9.2 g/t Au

Mars Zone Trench Einarson Project

7.45 g/t Au Outcrop Grab of Siltstone-Sandstone

6.89 g/t Au Outcrop Grab of Siltstone-Sandstone

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Misty Zone Einarson Project

Gold-in-Soil

Gold-in-Soil

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Misty Zone Einarson Project

B Zone Einarson Project

Gold-in-Soil

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F2 Zone Einarson Project

Gold-in-soil

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Hinton Project Au-Ag Veins

• Road accessible adjacent to Alexco’s Keno Hill mine development and power grid is located 3 km north of the claim block

• Multiple undrilled high grade gold-silver veins

• Hinton covers a large system of gold-silver rich quartz veins with 74 veins identified

• Creeks draining the property have yielded significant placer gold production and are still being mined today

• Drilling PDH23 returned 31.7 g/t Au over 1.5m

• The 21 vein was exposed for 22m in length and returned weighted average grade of 42.5 g/t Au and 319 g/t Ag (to be drilled)

• A new gold discovery was made at Granite Creek in 2017 (to be drilled)

• Permitted for drilling

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Hinton Project Keno Hill District

SCALE 5KM

Scale 5km

Very crystalline gold, wirey nuggets and

oxidized bedrock exposed

Granite Creek NEW DISCOVERY

(placer production)

KENO HILL DISTRICT

Past production 220Moz silver*

P+P 4.3Moz Ag*

Indicated 67.9Moz Ag*

Inferred 17.9Moz Ag*

Vein 21 (42.5 g/t Au)

127 g/t Au

PDH-23 (31.7 g/t/1.5m)

Known Veins

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Au-Ag

Showings

Au-Ag Rocks

Ag Soil

Trench and Drill

results

210 g/t Au

PDH-23 (31.7/1.5m)

23.9 g/t Au

18.0 g/t Au

Vein 5

14,400 g/t Ag

Vein 1

Vein 55

127 g/t Au

86.7 g/t Au

57.2 g/t Au

Area of figure relative to claim boundary

48.2 g/t Au

. Soil anomalies open for infill and expansion

Vein 21

Vein 24

42.5 g/t Au 30,822 g/t Ag

Granite Ck

Placer Gold

Production 2017

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Hinton Project Keno Hill District

Google Earth Mt. Hinton

Hinton Project Keno Hill District

Placer Mining

Mt. Hinton

Granite Ck Oxidized Bedrock 2017

Quartz Boulder

2017 Granite Ck Nuggets

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Non-Core Properties Seeking JV partners

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Territory Metals Corp

Exploration Properties in the Yukon Available for JV

Project Name General Location Commodity Target Type and Highlights

Rainbow Tombstone Belt Near Plateau Au Intusion related gold, grabs to 7.98 g/t Au, 1km multi-element anomaly (high Te-Bi)

Hopeful Tombstone Belt Near Mayo Ag-Sn Vein (Ag-Sn Greisen), drilling 4.3m of 752 g/t Ag

Orwell Rackla Gold Belt Au Carlin type gold, elevated Au-As, up to 183.7 ppb from stream seds sample

Rogue Tombstone Belt, SW Yukon Au Intrusion related gold, grabs to 152 g/t Au, sheeted veins up to 10 g/t Au

Cynthia Tombstone Belt, SW Yukon Au Intrusion related gold, grabs to 16 g/t Au, widespread altn, py-aspy veins, As-Bi-Sb-Hg

Nut Tombstone Belt, SW Yukon Au-Ag-Cu-W-Pb Skarn, 9.16 g/t Au (2m chip), a large magnetic signature with multi-element soil anomaly

Clea Mactung Camp, Eastern Yukon W 2 skarns, historic drilling 2.3% WO3, 1.0% Cu over 2.2 metres

Ketza Adjacent to former Ketza mine Au-Ag-Pb-Zn Manto-Veins, drilling 11 g/t Au over 3m, grabs up to 45 g/t Au, 17,142 g/t Ag, 63.6% Pb

Pete Southern Yukon Ag, Pb, Zn Massive sulphide veins, 52 T bulk sample 4106 g/t Au, 72% Pb, 0.5% Zn, 1.16% Cu

Fox Faro Camp, Central Yukon Zn-Cu-Ag-Pb-Au VMS, mineralized boulders to 14.6% Zn, 1.4% Cu, 1.1% Pb, 46.7 g/t Ag, 0,85 g/t Au

Eva Faro Camp, Central Yukon W Skarn, 6 showings along 90m x 785m trend, grabs up to 1.9% WO3

Faro North Faro Camp, Central Yukon Zn-Cu-Ag-Pb-Au VMS target

Carter Gulch Southern Yukon Au Orogenic gold, vein returned up to 4.1 oz/t over 20cm

Livingstone Southern Yukon Au Orogenic gold, placer gold camp, nuggets up to 1.1kg, bedrock source not discovered

Tosh Southwest Yukon Au-Ag Orogenic gold system (1.9km Au-As soil anomaly), grabs up to 6.8 g/t Au, 401 g/t Ag

Az Southwest Yukon Cu-Au-Ag Skarn mineralization identified in boulders, 350 metre long Cu-Au-Ag soil anomaly

Cliff Ruby Range, SW Yukon Au Orogenic gold system, placer gold camp, qtz-aspy veins to 7.3 g/t Au

• Plata Project: Past production of 237,500 oz Ag from 2,041 tons mined and was directly shipped to smelters grading 70-300 opt Ag, historical (non-43-101 compliant) resource estimate of 453,592t at 3.77 g/t Au*, the P4 vein graded 17.14 g/t gold over 2.1 m

• Lanlo Project: 236 SQKM located adjacent to Newmont / Goldstrike Plateau discovery, soil geochemical anomalies identified with gold-in-soil up to 8 g/t Au with elevated, As, Bi, W

• District scale intrusion related targets untested providing significant discovery potential

Proposed Budget 2018-2019

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2018 PROPOSED BUDGET

Listing Fees and Related Costs 300,000$

Strategic Metals Property Payment (Hinton, Lanlo, Plata) 500,000$

Option Payment, Einarson & other Properties 500,000$

Geochemical Surveys (Einarson, Hinton, Lanlo) 800,000$

Geophysical Surveys (Einarson) 400,000$

Drilling /Trenching (Hinton-Einarson) 4,000,000$

Geological Mapping, prospecting (Einarson, Hinton) 120,000$

Prospecting (Einarson, Hinton, Lanlo) 80,000$

G&A and Marketing 900,000$

TOTAL ESTIMATE 7,600,000$

2019 PROPOSED BUDGET

Option Payment, Einarson & other Properties 500,000$

Geochemical Surveys (Einarson, Hinton) 800,000$

Drilling (Hinton-Einarson) 6,000,000$

Geological Mapping, prospecting (Einarson) 150,000$

Other claim assesment work 150,000$

G&A and Marketing 1,000,000$

TOTAL ESTIMATE 8,600,000$

Contact Details

Gary R. Thompson, P.Geo. CEO, Director

gary@territorymetals.com

604-630-9707 office

403-870-1166 cell

Suite 551, 409 Granville Street

Vancouver, BC, Canada V6C 1T2

www.territorymetals.com

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