TRI ORIGIN EXPLORATION LTD CORPORATE PRESENTATION NOVEMBER 24, 2019 - - PowerPoint PPT Presentation

TRI ORIGIN EXPLORATION LTD

www.triorigin.com

CORPORATE PRESENTATION

NOVEMBER 24, 2019

TOE:TSX-V

TOE:TSX-V

Tri Origin is an experienced, well-recognized explorer with a successful track record. It is focused on the discovery of multi-million ounce gold deposits in overlooked but accessible terrain with nearby infrastructure. The Company has demonstrated ability to acquire and explore properties with proven mineral deposit potential, to finance its exploration and form strategic joint ventures with respected industry partners.

TRI ORIGIN EXPLORATION LTD

TOE:TSX-V

TOE:TSX-V

CORPORATE INFORMATION

Exchange Listing: TSX Venture Trading Symbol: TOE Shares Issued: 119.4 million Shares Fully Diluted: 127.6 million Share Price: $0.03 Market Capitalization: $3.6 million

As at Nov 18, 2019

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TOE:TSX-V

RECENT NEWS

Diamond Exploration in the Timiskaming Rift, Ontario

• Two separate agreements reached with De Beers Canada Inc
• De Beers to fund preliminary exploration at TOE’s South Abitibi &

Nipissing Cobalt properties in the Cobalt/Temagami Mining District

Extensions to gold deposit detected, Sky Lake Project, Ontario

• “Deep-looking” IP survey completed at Koval gold deposit at Pickle

Lake Gold Mining District

• Strong responses below the deposit highlight promising drill targets

New board members add depth and experience

• New directors have joined TOE’s team
• Executive search commenced to strengthen management

Private placement announced to raise up to $650,000

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DIRECTORS AND MANAGEMENT

Robert Valliant, PhD., CEO and Director

• Co-founded and listed Tri Origin on TSX, founded and listed TriAusMin on ASX and TSX
• Former VP Exploration of LAC Minerals Ltd with key involvement in discovery and development of some
• f Canada’s most significant gold mines including Bousquet/Doyon, PQ and Hemlo, ON
• With TOE discovered Lewis Ponds poly-metallic deposit NSW (Australia), acquired and advanced

Woodlawn Mining District NSW to feasibility for tailings and underground mine development J.P. Janson, Director

• Former Managing Director National Wealth Management with Richardson GMP
• Previously Managing Director of the retail investment arm, Eastern Canada of CIBC Wood Gundy

Glenn Nolan*, P. Geo., Director

• Currently VP Government Affairs, Noront Resources
• Former President of Prospectors & Developers Association of Canada and Chief of Missanabie FN

Jerry Blackwell*, P. Geo., Director

• Mining industry consultant- 45 years of industry experience focused on Latin America, SW US & Canada
• Has previously served as an officer and executive with TSX and TSX-V listed companies

Mark Petersen*, MSc, MBA, P. Geo., Director

• Mining industry executive, previously Vice President Exploration- New Gold Inc and Metallica Inc.
• Extensive experience in discovery, development and reserve replacement at operating mines in Canada

and internationally William Holter – Advisor- financial and business development Alan Galley, PhD. – Advisor- mineral exploration and technical

*subject to shareholder approval at upcoming annual general meeting

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PROPERTY ASSETS

An exceptional portfolio of gold (cobalt/base metal/diamond) properties has been assembled in the Canadian Shield of Ontario

Two Key Gold Projects (Sky Lake, North Abitibi)

• Status:

Both host partially delineated, drill-ready gold deposits

• Location:

The Pickle Lake District and at the Joutel/Casa Berardi Mine Trend

• Objective: Delineate resources through drilling and advance toward commercial development

Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi)

• Status:

De Beers Canada currently drilling diamond targets

• Location:

One of the largest landholdings at Cobalt/Temagami Mining District

• Objective:

Monitor diamond programs & option to fund cobalt-precious metal exploration

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STRATEGICALLY LOCATED PROJECTS

Pickle Lake Red Lake Hemlo Timmins Toronto

North Abitibi

Gold zones delineated along trend from the Casa Berardi mine

South Abitibi

A large diamond, cobalt (gold/base metal) property in the southern portion of the Abitibi - Canada’s most endowed mineral province. Diamond targets being evaluated by De Beers Canada

Nipissing Cobalt

A diamond, cobalt project now being explored by De Beers Canada

Sky Lake

Partially delineated gold deposit southwest of the past-producing Pickle Lake Gold District

“Elephant hunting in elephant country.”

Val d’Or Sudbury Detour Lake Kirkland Lake Cobalt

Tri Origin projects comprise portions of these Mining Districts; Pickle Lake, Casa Berardi/Detour Lake and Cobalt, ON

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THE RED LAKE – UCHI SUBPROVINCE

Sky Lake Project

Britannia Mine Red Lake District

Richardson Lake Deposit Uchi Gold Mine Golden Patricia Mine

Pickle Lake District

Dona Lake Mine Winnipeg – 200 km

Prolific greenstone belts in now accessible northwest Ontario host Canada’s highest grade gold mine and numerous past-producers

Thunder Bay – 300 km

Many gold occurrences and historic deposits have not seen exploration for over 25 years. Recently improved access provides a catalyst for renewed exploration

50 kilometres

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SKY LAKE PROJECT IN A PRODUCTIVE BELT

Sky Lake Property

• Region hosts over 3.5 million ounces of gold discovered to date
• 27 km prospective gold trend– 125 km2 of 100%-owned claims and an option to earn 96% interest in 2 km2 of patented claims
• Bounded by 6 past-producing gold mines; Pickle Lake District & Dona Lake Mine to the east & Golden Patricia Mine to the west
• Historic, partially-delineated gold deposit on patent claims optioned from Barrick Gold core the western half of the property
• Eastern half of the property surrounds Ardiden Ltd’s Kasagiminnis gold deposit & covers this prospective trend to the east & west
• Located 310 km north of Thunder Bay, Ontario adjoining paved highway and power lines
• Gold occurrences identified by Tri Origin share important similarities to the world-class Bousquet/LaRonde District in Quebec

Patent Claims

Historic resource (non- compliant) Competitor Company (Ardiden Ltd) Resource in iron formation- 110,000 ounces gold Recent drilling; 3.97 g/t across 21.0 m, 2.38 g/t across 19.7m Extensive drill program planned- winter 2020

5 km

Past-producing Pickle Crow, Central Patricia (Hasaga), Dona Lake Gold Mines & Thierry Cu/Ni Mine Past-producing Golden Patricia Mine

Gold deposit- drilled in the 1950’s

Competitor company- Exiro Minerals contiguous to the west

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PARTIALLY DELINEATED GOLD DEPOSIT

Composited Average drill intersection grade/thickness for all historic holes in each zone Red zone – 3.27 g/t across 6.6 m Orange zone – 2.4 g/t across 3.6 m Purple zone – 3.76 g/t across 6.0 m Yellow zone – 2.7 g/t across 3.6 m

3D Model

(looking northeast)

• 3D modelling of a 100 drill hole database has identified three main sub-

parallel zones over a strike length of 1 km

• Most historic drilling was only conducted to depths of less than 100m

below surface &, in places, to a maximum of 200 m below surface

• A non-compliant 43-101 resource was calculated in the 1980’s
• The deposit remains open at depth and both directions along strike

Drill Section 6200mE

3.97 g/t across 14.23 m 4.28 g/t across 8.08 m 8.78 g/t across 15.95 m 1.83 g/t across 12.34 m

50 metres

7.71 g/t across 1.52 m

• Significant, partially-

delineated gold deposit discovered in the 1950’s

• Multiple gold occurrences in

iron-formation and pyritic “quartz-sericite-schist” detected along a 15 km long trend across the property

• New Tri Origin targets

identified through its surface field surveys and drilling are along strike east and west of the known deposit on patent claims

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THE WESTERN ABITIBI SUBPROVINCE

The Abitibi is one of the world’s most prolific gold belts producing more than 170 Moz to date

AT NORTH ABITIBI; Tri Origin has recognized outstanding exploration potential where only the very near-surface environment of gold deposits has been investigated. Other occurrences remain

• verlooked and no recent work has been completed.

North Abitibi is one of Tri

Origin’s key gold properties located in the northwest segment of the Abitibi along a well-mineralized trend.

Detour Lake Selbaie Chibogamau Casa Berardi Noranda Bousquet/LaRonde Kirkland Lake Matachewan Timmins Val d’Or

North Abitibi

Malartic Joutel

50 kilometres

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• 100% interest, 50 km2 property along the Casa Berardi Break – host to six current and past-producing mines in

Quebec representing over 3 Moz gold produced to date

• No production from Ontario (yet!) – poor access, overburden cover & ineffective techniques have hindered past

exploration efforts

• Substantial gold discoveries made in the 1980’s but only explored to shallow depths
• Tri Origin has utilized modern “deep-penetrating” geophysical techniques to identify three important gold zones

and numerous other targets that are drill-ready

NORTH ABITIBI – A KEY ASSET

50 km to Detour Lake Mine Casa Berardi Gold Mine (Hecla) Competitor claims; (Aurelius Minerals) Recent drilling reported 7.1 g/t over 26.1 m & 8.2 g/t over 11.5 m Competitor claims; (Detour Gold) Pre-drilling field work 150 km to Kirkland Lake/Timmins Tomlinson Road Mine Estrades (Galway) Au (Cu/Zn)

Tri Origin’s North Abitibi Project

Joutel District (Au & base metals); Agnico Eagle Gold Mine Telbel Mine de Poirier Explo Zinc

20 kilometres

Competitor claims; (LaSalle Expl) IPO in progress to conduct field work and drilling in 2020

(Detour Gold) (Detour Gold)

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SIGNIFICANT GOLD OCCURRENCES

• North Abitibi hosts the

most extensive gold

• ccurrences on the Ontario

side of the Casa Berardi trend

• Except for Tri Origin, very

little work has occurred in the region over the past 30 years

• Recent logging and opening
• f the Detour Lake Mine 50

km to the north has greatly improved access and infrastructure Road Gold Zone

North Abitibi Property

Spade Lake Gold Zone Club Lake Gold Zone

Note: 2.6/3.0 = grams per tonne gold across drill core interval

1 kilometre 0.5/25.0 1.1/8.0 1.3/3.1 0.73/12 1.3/7.5 23.4/1.5 1.0/13.5 1.4/6.0 3.1/1.5 2.6/3.0 0.6/16.5 19.7/1.0 17.8/1.6 1.3/10.1 5.0/1.0 1.2/3.2 0.5/8.6 0.6/10.5 12.6/1.5 9.0/1.5 6.1/6.0 1.3/5.0

• Drilling has intersected numerous gold occurrences throughout the 8 km long property
• Spade Lake and Road Gold Zones include multiple high-grade assays for over 2 km
• Zones remain open along strike and at depth - historic drill intersections to maximum 150 m below surface

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Tri Origin holds two large, 100%-owned properties at Cobalt, Ontario surrounded by world-class mining districts

Timmins - Au Kirkland Lake - Au Noranda – Cu, Zn, Au Sudbury Basin – Ni, Cu, PGE’s

The Cobalt Plate Nipissing Cobalt and South Abitibi Project Areas Cobalt – Ag, Co

NIPISSING COBALT AND SOUTH ABITIBI

• Tri Origin’s Nipissing Cobalt and South Abitibi

properties overlie a complex and metal-rich geological environment

• Cobalt Plate sedimentary rocks & Nipissing

diabase cover prospective Abitibi Greenstone Belt rocks across both properties

• The properties extend over a large segment of

“Temiskaming Rift” , a deep crustal structure

• “World-class” gold & base metal districts
• ccur to the north in the Abitibi
• The Cobalt Ag-Co District is within the Cobalt

plate immediately east and northeast of Tri Origin’s properties

• Diamondiferous kimberlites are known

adjacent to the properties along the rift

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DIAMOND EXPLORATION

• Tri Origin is one of the largest

landholders in the district

• Diamondiferous kimberlite has

previously been identified along the rift west & northwest of Cobalt

• Additional potential for cobalt-

silver in Cobalt Plate rocks and for Abitibi-type gold & base metal deposits in covered Abitibi Greenstone Belt rocks

• Agreements reached

with De Beers Canada Inc for both the South Abitibi & Nipissing Cobalt properties

• De Beers is fully-funding

preliminary drill testing

• f targets it has

identified as possible kimberlitic rock

• Diamond evaluations

will be conducted if warranted

Diamondiferous Lamprophyre Kimberlite

Nipissing Cobalt

Kimberlite- green Diamondiferous kimberlite- green Diamondiferous lamprophyre- orange

Diamondiferous Kimberlite Cobalt Temagami

10 kilometres

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GOLD & BASE METAL TARGETS

Nipissing Cobalt

(125 square kilometres)

South Abitibi

(210 square kilometres)

Cobalt 10 km Temagami

• An exploration moratorium

(the Bear Island Land Caution) was in effect over much of the area from 1973 for almost 30 years – leaving the South Abitibi area overlooked

• Because of this, the

properties have not been explored for precious & base metals in many decades

Cu/Ag/Zn Co/Ag Cu Au Au Au Co Cu/Ni

Tri Origin has completed;

• Regional airborne “VTEM”

surveying

• Ground geological,

geophysical & geochemical surveys

• Preliminary diamond drilling

A number of gold, copper, nickel, silver & cobalt

• ccurrences have been

identified which warrant more detailed work

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PLANS & NEWS FLOW EARLY 2020

GOLD ASSETS: Pickle Lake (Red Lake-Uchi) & Abitibi Districts: DRILLING

Sky Lake:

• Koval gold deposit partially delineated in the 1950’s is targeted for drilling to determine if a

viable resource can be delineated

• Competitor company plans a significant resource delineation drill program at its deposit

along trend from Koval and encircled by Tri Origin’s regional claims

North Abitibi:

• Extensive, drill-ready gold occurrences in a productive belt. Drilling required to test

economic significance of deep targets below known gold zones

• Competitor companies along trend immediately west and to the east have significant drill

programs planned at known gold zones

Cobalt District: MONITOR DIAMOND EVALUATION WORK

Nipissing Cobalt:

• De Beers agreement to conduct preliminary drilling to test targets and evaluate for

diamonds if warranted

South Abitibi:

• De Beers agreement to conduct preliminary drilling to test targets and evaluate for

diamonds if warranted

Tri Origin respects local communities in its project areas and conducts exploration in an environmentally-friendly fashion.

DISCLAIMER This presentation contains forward-looking statements that were based on expectations and estimates as of the date of this

• presentation. These statements are subject to known and unknown factors which may cause actual results and developments to

materially differ from those expressed or implied. Tri Origin has taken all reasonable care in preparation of this presentation; however, it may not include all relevant information regarding Tri Origin. Any person considering an investment in Tri Origin is advised to obtain independent financial advice prior to making an investment decision. Further information about Tri Origin Exploration Ltd. is available at www.triorigin.com