Building for the Future March 1, 2015 01/03/15 Highlights: A - - PowerPoint PPT Presentation

01/03/15

Building for the Future

March 1, 2015

01/03/15

Highlights: A Successfully Managed Company

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AZX to Buy Murgor (MGR) Resources: in a deal valued at $2.7 million, Alexandria will obtain a solid Cu-Au-Zn-Ag resource in Manitoba together with strategic exploration properties in Ontario and Quebec Recent $500,000 financing at 100% premium to market Discovered Quebec’s Next Gold Mine: Sold Its West Zone Au-Cu deposit to Agnico Eagle in 2014 for $5 million plus 2% NSR Lowest Costs of Discovery: With 130,000 m of drilling since 2007, all-up cash costs of $15 per ounce of gold resource discovered, including 69 cents per oz of gold discovered at the West Zone 3 Near-surface gold deposits in a well-known and prolific mining district, Val d’Or, Quebec, within 20 km of 5 undercapacity mills Agnico Eagle owns 8% of AZX; IAMGOLD and Teck each own 3%

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Importance of the Murgor Transaction

A Buyer’s Market: ability to purchase Au-Cu-Zn-Ag resources at very low prices

in preparation for next mining market upturn -- AZX’s all-up costs of discovery, approx. $15/oz Au equivalent, lowest in the World AZX’s costs of acquiring this asset, approx. $3.50/oz of Au equivalent

AZX Adds Advanced Projects in Mining Camps: both Val d’Or,

Quebec, and Flin Flon/Snow Lake, Manitoba have rich mining traditions and well- established infrastructure

Project Synergies in other Mining Camps: Both AZX and MGR have

projects in other camps such as Matachewan, Ontario and Chibougamau, Quebec

Succesful Management Enlarges Resources Under Its Control:

Company with track record of discovery and growth increases resources

Shareholders obtain more exposure to metals at low cost

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CREATES OPTIONS!

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The AZX-MGR Transaction: Asset Growth

The AZX-MGR transaction will double the number of mineral properties Alexandria holds in well- known, infrastructure-rich mining camps in eastern Canada.

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AZX-MGR Transaction: Resource Growth

5 Grade Contained Metal Deposit Tonnes Au (g/t) Cu (%) Ag (g/t) Zn (%) Au (oz) Cu (lbs) Ag (oz) Zn (lbs) Measured Category Orenada 4,148,739 1.44 192,101 Indicated Category Akasaba U.G. 609,274 5.93 116,158 Akasaba O.P. 3,009,214 1.37 132,475 Orenada 6,125,236 1.29 254,790 Hudvam 854,076 3.82 1.22 13.84 1.78 105,000 23,008,000 380,000 33,541,000 WIM 2,776,787 1.88 1.94 7.53 0.30 168,000 118,763,000 672,000 18,365,000 Total Indicated 776,423 141,771,000 1,052,000 51,906,000 Inferred category Akasaba U.G. 1,475,622 5.58 264,886 Akasaba O.P. 219,882 1.93 13,653 Orenada 7,399,643 1.27 302,469 Sleepy 1,885,500 5.10 307,350 Hudvam 502,901 3.25 0.79 6.96 1.33 53,000 8,759,000 113,000 14,746,000 WIM 445,999 2.11 1.12 5.06 0.43 30,000 11,013,000 73,000 4,228,000 Total Inferred 971,358 19,772,000 186,000 18,974,000

Resource Estimations: Orenada (Horvath, Geologica, 2009), Akasaba and Sleepy (Geopointcom, Geologica, 2013 and 2014, respectively), Hudvam and WIM (Golder and Associates, 2008)

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A Brief History of AZX

March 2006: IPO Summer 2006: Acquired Cadillac Break Properties, Val d’Or 2007-2009: Exploration Drilling Cadillac Break Properties 2007-2008: ABCP Crunch and Market Meltdown Mid-2009: First Drill holes Akasaba Sept 2009: First 43-101 Resource Estimate Orenada Oct 2009: First 43-101 Resource Estimate Sleepy Mar 2010: Agnico 10% Equity Position in Alexandria 2010-2011: Drilling at Akasaba Mar 2012: First 43-101 Resource Estimate Akasaba June 2012: Discovery Drill Holes Akasaba West Zone Feb 2013: Resource Estimate Akasaba West Zone Jan 2014: Sale of Akasaba West Zone to Agnico Eagle Mar 2015: Murgor Acquisition

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01/03/15

Market Facts (as at February 7, 2015)

SYMBOL AZX – TSX-V, A9D Frankfurt

Shares outstanding: 183,108,297 Options: 11,031,000 Warrants: 5,000,000 Shares fully diluted 199,139,297 Market Cap $ 9.5 million 52 week high/low $0.12/$0.04 Recent price $0.04-0.07 Current Assets $2,600,000 Management owns 13%

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01/03/15

Properties in Mining Districts: AZX’s Cadillac Break Property in

Val d’Or, Quebec

Noranda Malartic Val d’Or

La Ronde-Doyon-Bousquet District 26 million ounces produced AZX Discovery Zone

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More than 70 million ounces of gold and 12 billion lbs of Cu produced from Noranada toVal d’Or

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Alexandria’s Cadillac Break Properties: Favorable Geology Gives

Significant Upside Potential

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Comparison of La Ronde-Doyon District with Cadillac Break Properties

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3 Advanced Projects on a large underexplored property

Cadillac Break Property Package: 130,000+ m of drilling on a 35

km long property package, with considerable upside potential

• Akasaba Resources

Open Pit Indicated: 3Mt @1.37 g/t Au 132,500 oz. Au Open Pit Inferred: 219Kt @1.93 g/t Au 13,600 oz. Au Underground Ind.: 609Kt @5.93 g/t Au 116,200 oz. Au Underground Inf.: 1.5Mt @5.58 g/t Au 264,900 oz. Au

• Sleepy Resources

Underground Inf.: 1.88Kt @5.01 g/t Au 307,350 oz. Au

• Orenada Resources

Measured: 4.1Mt @1.44 g/t Au 192,101 oz. Au Indicated: 6.1Mt @1.29 g/t Au 254,800 oz. Au Inferred: 7.4Mt @1.27 g/t Au 302,469 oz. Au

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Resource Estimations: Orenada (Horvath, Geologica, 2009), Akasaba and Sleepy (Geopointcom, Geologica, 2013 and 2014, respectively),

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Alexandria’s Val d’Or Properties: The Advantages of an

Infrastructure-Rich Area

5 Mills: Capacity 16,000 tpd

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SLEEPY Inferred: 1,885,500t @ 5.0g/t Au 307,350 oz. Au

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Akasaba and West Zone: Longitudinal Section showing

Quebec’s Next Gold Mine

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01/03/15

Next Steps Cadillac Break Properties: Drilling Porphyry Gold-Copper-

(Molybdenum) targets

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West Zone (Agnico)

X X

0 1km Ducros-Oramaque-Orenada Annamaque Akasaba-Valdora

Orenada Resources Measured: 4.1Mt @1.44 g/t Au 192,101 oz. Au Indicated: 6.1Mt @1.29 g/t Au 254,800 oz. Au Inferred: 7.4Mt @1.27 g/t Au 302,469 oz. Au

Current Drilling

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Sleepy Project: Updated Resources on Longitudinal,

possible JV partner?

Inferred Resources (Geotic, 2014) 1.89 mT @ 5.1 g/t Au for 307,350 ounces of gold (uncapped) 1.86 mT @ 4.7 g/t Au for 279,760 ounces of gold (capped)

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Properties in Mining Districts: Properties in Flin Flon – Snow

Lake Belt

• 27 past and present mines; 183 million tonnes of ore
• 3 operating mines, 2 concentrating facilities, and 1 zinc processing plant

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WIM Project: Cu-Au-Zn-Ag resources adjacent to Hudbay with

upside potential

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Isometric 3D view of WIM Mineralization Looking SW EM Anomalies

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Hudvam Project: Cu-Au-Zn-Ag Resources With Growth

Potential

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EM Targets Along strike with Hudvam Resources

Isometric view

• f

Hudvam Zones

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Our Team: Management

Eric Owens President/CEO, PGeo, PhD, Co-Founder

• 30 years exploration in western hemisphere with Newmont, BHP, Phelps Dodge, and

Echo Bay; successes with El Zapote Silver Deposit, El Salvador and American Girl Gold Mine, California

Mary Vorvis Vice President, Corporate Development and Investor Relations

• Over 15 years in natural resources and technology industries venture capital; strategic

relationships with financial institutions, fund managers, brokerages

Philippe Berthelot Vice President Exploration

• 28+ years experience in exploration, with focus in Quebec, responsible for discovery of

Langlois Mine and building Desjardin Discovery Deposit, Lac Pelletier Gold deposit, and Grevet

Mario A. Miranda CFO, CA

• 15+ years mining governance, with Kinross, Lakeshore Gold and White Pine

Resources as Director Financial Reporting, VP and CFO

3/14/2015

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01/03/15

Eric Owens, Director, President/CEO Walter Henry, Chairman of the Board

President and CEO, Frontline Gold Corp 25+ years experience in finance and mining including CIBC, BNP Paribas and PriceWaterhouse Coopers

John Thomas, Chair Comp Committee

Former VP Operations for Bolivar Gold Corporation and Infinito Gold 30+ years mine planning

Robert Geis

35 years experience in NY finance industry, including Managing Trader of the Dean Witter InterCapital mutual fund company which had $28 billion in AUM Consultant to Presidential Gold and Economic Commissions 1981

Michael Pesner, Chair Audit Committee

Chartered Accountant, 26 years KPMG Financings, governance and M&A specialties On Boards of Richmont Mines, David’s Tea, LeChateau, Liquid Nutrition Group Inc., and Quest Rare Metals

Our Team: Board of Directors

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Near-Term Catalysts

Murgor Acquisition: Increased Resources and upside potential Further M&A work: Advanced projects in infrastructure- rich area have potential for JV partnerships Updated Resource Estimates using recent higher metals prices Background studies to better yield the possibility of further significant discoveries Ongoing property wide compilation aims for new drill targets New Drilling Program Underway

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AZX Val d’Or Offices

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Value Proposition: Why invest?

Proven, responsible management with record of success focused on discovery and adding value Significant growth: near term increase of resources Assets with near-term production potential in infrastructure-rich, under-utilized, world-class mining districts Realizing high-value milestones in near future Blue-sky Potential in mining camps

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01/03/15

Alexandria Minerals Corp.

1 Toronto St., Suite 201, P.O. Box 10 Toronto, ON M5C2V6 416.363.9372

www.azx.ca

DISCLAIMER

Some of the statements contained in this presentation are “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and

• ther factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by

such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as; ability to raise financing for further exploration and development activities; risks relating to the estimates of reserves, deposits and production costs; extraction and development activities; the risk of commodity price fluctuations; political regulatory and environmental risks; and other risks and uncertainties in the reports and disclosure documents filed by Alexandria Minerals Corporation from time-to-time with Canadian securities regulatory authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Complete Company reports including management’s discussion and analysis, financial statements and notes can be found on our Company’s website at www.azx.ca and on SEDAR at www.sedar.com. Facebook: https://www.facebook.com/AlexandriaMinerals Twitter: https://twitter.com/azxmineralscorp YouTube: http://www.youtube.com/AlexandriaMinerals Flickr: http://www.flickr.com/alexandriaminerals/

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