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Copper Discovery Opportunities in North America Corporate Presentation February 2020 TSXV:DVI WKN: A1W3XF OTC:OCPFF www.dunnedinventures.com TSXV:DVI Forward Looking Statement This presentation contains "forward-looking


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TSXV:DVI

Corporate Presentation

February 2020 TSXV:DVI │ WKN: A1W3XF │ OTC:OCPFF www.dunnedinventures.com

Copper Discovery Opportunities in North America

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TSXV:DVI │ WKN: A1W3XF │OTC:OCPFF www.dunnedinventures.com

Forward Looking Statement

This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this presentation and Dunnedin Ventures Inc. does not intend, and does not assume any obligation, to update these forward- looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve 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 the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labour disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals or financing. This presentation does not constitute an offer to sell or solicitation of an offer to buy any securities of Dunnedin Ventures Inc. The reader is cautioned that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability, and might never be converted into Reserves. Figures may not sum due to rounding. Decimal figures do not indicate added level of precision. Cpt = carats-per-tonne; Mct=million carats; Mt=million tonnes Historic information reported herein was obtained from publicly available sources and industry reports. Dunnedin believes this information to be from reliable sources using acceptable industry practices at the time, but the Company has not independently verified and cannot guarantee the accuracy of the historic information disclosed, therefore readers should use caution in placing reliance on such information. Management also cautions that Dunnedin has not performed any exploration on the MPD Project to date. Comparisons to adjacent or similar mineral properties, deposits and mines are provided for information purposes only. Dunnedin has no interest in, or rights to explore or mine any such properties and references to other deposits reported herein are not indicative of deposits or results obtained on the Company's properties. Jeff Ward, P.Geo, is the Qualified Person as defined by NI 43-101 standards responsible for reviewing the technical content of this presentation. 2

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TSXV:DVI │ WKN: A1W3XF │OTC:OCPFF www.dunnedinventures.com

Kahuna

Copper Porphyry Exploration in Canada & USA

Trapper Copper-Gold Project

(British Columbia)

◆ Gold-rich porphyry project

with significant size potential

◆ In Northern Golden Triangle

MPD Copper-Gold Project

(British Columbia)

◆ Recently consolidated

porphyry project

◆ Road accessible, in prolific

copper-gold belt, near producing mines

◆ “Gate Zone” Discovery in

2020 Mohave Copper- Molybdenum-Silver Project

(Arizona)

◆ Porphyry project near

Freeport McMoran’s Bagdad mine; geologically and structurally analogous

◆ Excellent infrastructure

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Dunnedin’s Copper Porphyry Projects:

100% Owned

Large footprint & size potential

Advanced exploration, previously drilled

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TSXV:DVI │ WKN: A1W3XF │OTC:OCPFF www.dunnedinventures.com

Track Record of Discovery & Shareholder Returns

Christopher Taylor, Chairman

Mining entrepreneur and founder of Dunnedin. Structural and economic geologist with 20+ years of experience with producers and exploration companies. Founder, CEO & President of Great Bear Resources. Led the Dunnedin spin-out of Solstice Gold Inc and is a current Director.

Claudia Tornquist, M.Eng, MBA, President & CEO

Formerly GM at Rio Tinto working with Rio Tinto’s copper and diamond operations. Also held the position of EVP Business Development for the streaming company Sandstorm Gold. Led $176m sale of the Kennady Diamonds to Mountain Province as chair of the special committee of the board. Director of Silver One Resources.

John Robins, P.Geo, Advisor

30+ years of corporate experience with publicly listed companies. Founder of the Discovery Group of Companies. Director of Bluestone Resources, Fireweed Zinc, ValOre Metals, K2Gold. Founder and Director at Kaminak Gold through to its acquisition by Goldcorp for $520 million in 2017. Co-founder of Hunter Exploration and former Chairman of Northern Empire (sold to Coeur Mining).

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Discovery Group – Access to Expertise, Contacts, Capital

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Board Members

Gary Schellenberg, B.Sc. Geology, Director 30 years of worldwide exploration and venture capital

  • experience. Director of Winspear Resources, which sold

the Snap Lake diamond mine to DeBeers in the 1990’s Steven Krause, CPA, CA, ICD.D, Lead Ind. Director CFO of Viva Gold Corp and former CFO of Bear Creek

  • Mining. Former chairman of Luna Gold, where he led the

$360m merger with JDL Gold to form Trek Mining Chad Ulansky, B.Sc. P.Geo, Director Extensive exploration experience in precious and base metals that includes the original Ekati diamond discovery Tony Ricci, CA, CFO & Director Chartered accountant with 20+ years of practice

  • experience. Instrumental in several major mining project

sales

Advisors

Tom McCandless, Ph.D., P.Geo, 35+ years including Chief Mineralogist for Ashton Mining, Superior Minerals and Stornoway Jim Paterson, B.Comm 20 years of corporate experience with TSXV companies

  • incl. Northern Empire, Bluestone Resources, Kaminak

Gold, ValOre Metals

Board, Advisors, Management

Advisors (con’t)

  • Dr. Charles (Chuck) Fipke, Ph.D

Discoverer of Canada’s first diamond mine at Ekati, NWT, received an honorary Doctorate of Technology from Okanagan University College and numerous awards.

Management

Jeff Ward, P.Geo, VP Exploration Precious and base metals exploration and discovery in Canada. Exploration with Corona Corp, Ashton Mining, Stornoway Diamonds Andrew Berry, VP Operations Exploration operations in Canada for 15+ years Emily McNie B.Sc, Project Geologist Project geologist in Canada since 2011 Knox Henderson, Investor Relations 20 years marketing, investor communications for TSX-V, CSE and NASDAQ listed companies

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Green Revolution Fuels Copper Demand

“While conventional cars have 18-49 pounds of copper, hybrid electric vehicles contain approximately 85 pounds, plug-in hybrid electric vehicles use 132 pounds, battery electric vehicles contain 183 pounds – Copper Alliance “BHP now estimates that “at least 132 million EVs will be on the world's roads in 2035” - BHP

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“Over the next 26 years the world is going to mine more copper than what has been mined in all history.” – USGS, Chief Economist, 2018 “To enable any plausible growth in emission-free energy, more copper will be required in the next 25 years than was consumed in the last 500 years.” – RioTinto

Source: MinEx

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8 Source: Wood Mackenzie, Rio Tinto

“Copper projects are notoriously large-scale in size, and the pipeline of new projects is the lowest in a century” - Mining.com

Copper Deficit Looming

Supply gap opening up Oversupply / Lower and volatile prices 4-6 Mt of additional capacity required by 2025 Primary demand Base Case Production Highly probable projects

Copper Supply/demand (million tonnes)

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Copper Grades Are Rapidly Declining

Average mined copper grades (2017):

◆ World 0.59% ◆ Canada 0.35% ◆ US 0.33%

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Examples of Canadian copper mines (P&P reserves):

◆ Copper Mountain 0.23% Cu ◆ Highland Valley 0.3% Cu ◆ Red Chris 0.36% Cu Source: AME, company websites

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MPD – Recently Consolidated Land Package, Large Copper-Gold Porphyry System

Copper Mountain Mine

Large, 7,850-hectare (78.5 km2) land package in South-Central British Columbia, 100% owned

Porphyry project consolidated from three properties (Man, Prime, Dillard); explored since the 1960’s but never as single project with modern methods

In a proven, mineral producing belt with mines nearby (New Afton, Highland Valley, Copper Mountain), some with similar geology and mineralization to MPD

Easily accessible and cost-effective to explore

Source: BC Geological Survey

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MPD – Road Access and Close to Infrastructure

Property adjacent to highways and with excellent road and trail access

Close to nearby mines, transmission corridor and towns of Merritt, Princeton and Kelowna

To Merritt (35 km) To Princeton (25 km) 97C Summers Creek Rd 5 KM Man Dillard Prime

MPD PROPERTY

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To Kelowna (55 km)

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MPD – Good Historic Drill Results, Most Drilling Very Shallow

◆ 129 drill holes (25,780 m)

completed from 1966 to

  • 2014. Previous operators

include Rio Tinto PLC (LSE:RIO) and Newmont Mining Corp (NYSE: NEM)

◆ Numerous showings;

copper and gold confirmed across a large, 10km2 area

◆ Mineralization from surface,

historic drill holes rarely tested below 200m vertical depth

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To Merritt (35 km) To Princeton (20 km)

Man Dillard Prime

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MPD – Limited Historic Drilling at Depth Intercepted Higher Grade Porphyry Mineralization

Deeper drilling for the first time in 2013 encountered significant intervals of copper/gold mineralization with increasing grade at depth

Dunnedin’s first drill program in Nov 2019 designed to follow up on these results

Source: Historic Drilling in Assessment Reports to MEMPR, 1980 to 2013

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MPD - Successful First Drill Program, Discovery of Gate Zone

Dunnedin’s first drill program at MPD in Nov 2019 (1,766m in 3 holes at Prime & Man Zones) yields excellent results

Deeper drilling than historic holes

Newly discovered ‘Gate Zone’ with significantly higher grades than historic drilling, with the longest mineralized interval reported to date

Dunnedin’s drilled intervals compare favorably to grades reported from neighboring mines

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MPD - Highest-Grade Drill Intercepts on Property and Best Hole To Date

◆ Discovery hole MPD19-

003 mineralized from bedrock surface to 800m, open at depth and average grade of 0.28% CuEq over 763.6m (0.21% Cu, 0.07 g/t Au and 0.77 g/t Ag)*

◆ Several higher-grade

intervals including: 102m of 0.68% CuEq (0.53% Cu, 0.16 g/t Au and 1.71 g/t Ag)*

◆ Highest grades

encountered just below shallow historic drilling horizon

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*See Dunnedin news release 2020/01/16

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MPD – Great Potential for More Discoveries Below Shallow Historic Drilling

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◆ Work to date show the hallmarks of a well-mineralized, large or multi-centre porphyry system

  • pen at depth

◆ Rarely drilled below 200m vertical depth, great discovery potential with deeper drilling

Historic IP chargeability compilation (contours mV/V Source: 2007 Magnetic and Induced Polarization Survey – Walcott and Associates Ltd. for Candorado Operating Co. Ltd. And 2013 Induced Polarization Survey – Dillard Property – Scott Geophysics Ltd. for Fjordland Exploration Ltd.

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MPD - Large Geochemical & Geophysical Anomalies, Multiple Near Term Drill Targets

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Historic Cu in Soil Geochemical Compilation - Source: Assessment Reports to MEMPR, 1980 to 2008, Discovery Consultants Ltd, Candorado Op. Co. Ltd., Newmont Exp. Can. Ltd, Fjordland Minerals .

◆ Large geochemical anomalies coincide with geophysical anomalies in areas of known

copper-gold mineralization at surface and in drill holes

◆ Multiple near-term drill targets; best targets being selected for deeper drilling in Q2/20

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MPD – Vectoring in on Porphyry Centres in Next Drill Program

◆ Considered as an upright and intact porphyry

system with: zoned/varied alteration to depth; porphyry related veining-breccia and; pervasive Cu-Au-Ag mineralization

◆ Initial drill holes interpreted to have not yet tested

porphyry centre(s)

◆ Will now vector in on higher grade

mineralization, up dip and at shallower depths

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Gate Zone MPD-19-003: 111-805m (694m)

Gate Zone

Modified after Sinclair, W.D. 2007

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Mohave – Bagdad Mine Analogue in Prolific Arizona Mining District

100% owned copper-molybdenum- silver porphyry project with sizeable footprint

1,025 hectare (10km2) land package in Mohave County, Arizona

33km east of Freeport’s Bagdad mine; geologically and structurally similar

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Mohave – Road Access and Year-Round Exploration Potential

Adjacent to highway & excellent infrastructure

Complementary exploration season to Dunnedin’s projects in Canada

To Phoenix (160 km) 1 KM

MOHAVE PROPERTY

9 3 To Bagdad (33 km)

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Mohave – Immediate Exploration Upside, Ready to Be Drilled

◆ Drilling in 1960's/70's

identified porphyry mineralization in shallow RC holes (15)

◆ Very little recent drilling (11

holes in 2011) - historically defined targets, geophysical and geochemical anomalies remain untested

◆ Magnetics define sizeable

donut-type feature, characteristic of porphyry deposits

◆ Extensive rock and soil

mineralization over large area (2.5 x 2.5 km) with coincident IP anomaly

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Trapper – Evidence of Large Porphyry Complex, Next to Brixton’s Thorn Project

3,756 hectare (38 km2) land package in the northern Golden Triangle, Northern British Columbia, 100% owned

Textbook copper/gold porphyry complex with alteration signature

  • f over 15 km2

Geophysics, grab sampling and 42 holes (8581 m) of diamond drilling in 2011

Adjacent to Brixton Metal’s Thorn property (554.70m of 1.97 g/t AuEq drilled in Sept 2019)

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Trapper – Attractive Gold Values in Large Polymetallic System

Trapper

◆ Circular mineralized ring

zone with over 10km of strike surrounding a porphyry centre

◆ Gold-rich polymetallic

mineralization drilled across 2.2 kilometres, and associated surface copper porphyry showings

◆ 2011 drill program included

visible gold in core in drill hole flanking copper porphyry, including 34.11 m

  • f 1.71 g/t gold

TRAPPER PROJECT

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Dunnedin Porphyry Projects - Summary & Highlights

Assets

  • Portfolio of three 100% owned copper porphyry projects: Trapper, MPD & Mohave
  • Advanced exploration stage, highly prospective, significant size potential

Jurisdiction

  • Safe, mining-friendly jurisdictions – British Columbia & Arizona
  • Projects with complementary exploration seasons, year-round work possible

Infrastructure

  • MPD & Mohave adjacent to highways, road accessible year-round
  • Trapper accessible through Brixton Metals’ (TSX-V:BBB) Thorn camp

Team

  • Proven base and precious metal expertise: Chris Taylor, Claudia Tornquist, John

Robins, Tom McCandless Permitting/ Community

  • MPD, Mohave & Trapper - Fully Permitted for Exploration

Key Milestones ✓ Q1 2020: MPD ‘Gate Zone’ Discovery ❑ Q1/2 2020: MPD Petrography / Geochemical / Geology Studies ❑ Q1/2 2020: MPD Airborne Mag / EM Geophysical Survey ❑ Q1/2 2020: Mohave Exploration Program ❑ Q2 2020: MPD Phase II Drill Program

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Timeline & Milestones

MPD Drill Results, Gate Zone Discovery Petrography-Geochem-Geology Airborne Mag/EM Survey Phase II Drill Program Phase II Drill Results Prospecting & Soil Sampling Phase III Drill Program Mohave Data Analysis & Targeting Phase I Drill Program Drill Results 2020 Program Q1 Q2 Q3 Q4

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Dunnedin Ventures to become…

Kodiak Copper Corp. TSX-V:KDK

Recent Share Price ~C$0.07 Market Cap ~C$11 M Shares Outstanding ~153 M Options ~ 10.7 M Warrants ~27.3 M Fully Diluted Shares ~191.3 M

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Name Change Kodiak Copper Corp. Symbol TSX-V:KDK Consolidation 5:1 Financing $3,000,000 Unit Share at $0.07 $0.35 FT Unit FT Share $0.09 $0.45 Each Unit with ½ Wt at $0.11 $0.55

52-Week Hi-Lo: $0.125 - $0.04 CAD

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Dunnedin is about Discovery

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Concept Exploration Discovery Feasibility Development Mining

Value High Risk – High Potential Lowered Risk Full Value

~2 years

Speculation Speculators Leave Orphan Period Institutional Investment Time, Risk

Life Cycle of a Mineral Discovery

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Contact Information

1020 - 800 West Pender Street, Vancouver, BC, V6C 2V6 Phone: +1 604 646 8351 Email: IR@dunnedinventures.com www.dunnedinventures.com TSXV:DVI │ WKN: A1W3XF │OTC:OCPFF