First Movers in Southern Colombia

Investor Presentation

July 2016

Executive Summary

▪ Specialist focus on the acquisition, development and monetising of high-grade gold projects in Colombia

▪ First-mover in prolific gold districts in southern Colombia

• Targeting a high-grade discovery at the La Esperanza and La Esmeralda properties

▪ Colombia one of the most prospective & underexplored countries in the world

• In excess of 80M new reportable ounces discovered in the past 12 years

▪ Seeking further prospective projects within Colombia and South America

Strong Track Record

Todd Williams - Founder & Managing Director

Prior senior role in large-scale greenfields mineral exploration projects in Australia in addition to experience in project generation for porphyry-epithermal systems in Argentina, Todd founded Circum Pacific in late 2015 with the vision of creating a leaner more agile explorer focused on creating long term shareholder value through the identification and development of large-scale opportunities in unloved but prolific metallogenic terranes.

Jorge Benavides (PhD) - Exploration Manager

Senior exploration geologist with over 25 years of experience, holding a PhD on ore genesis of IOCG-type deposits from Queen’s University, Canada (2006), Jorge is a specialist in the formulation of genetic models and targeting strategies for precious/base metals deposits in terranes spanning Australia, Canada, Chile, Colombia, Mexico and Jamaica. Jorge has most recently held a senior role with OZ Minerals contributing to international project generation and district to regional-scale exploration programs.

Victor Muñoz – Senior Geologist

Over 15 years experience in all aspects of mineral exploration projects in Colombia, Victor provides local knowledge on operations, regulatory approvals, security and stakeholder relationships, and has recently held a senior role with Gran Colombia managing exploration programs in the department of Narino, southern Colombia.

Why Colombia?

▪ Elephant country prospective for Tier-1 discoveries

▪ La Calosa (AngloGold) is the third largest undeveloped gold project globally - discovered in 2006 via basic surface rock chip sampling

▪ Low-technology boots and hammer exploration effective

▪ Modern mines are being permitted

▪ Red Eagle went from discovery to production in 5 years

▪ Odds of discovery far better than that of mature mining districts such as Australia

▪ 23rd June 2016 - rebel group FARC signed a historic ceasefire that officially ended 50 years of civil war

Colombia Gold Discoveries Since 2002

Con

tain

ed O

unce

s (M

oz)

0

7.5

15

22.5

30

La Colosa Angostura La Bodega Gramalote San Ramon

0.51.61.82.32.52.5

3.5

5.46.1

1011

14.4

28.1

Why Colombia?

▪ Tangible shareholder value created ▪ Continental Gold discovered the world-

class Buritica deposit

▪ Red Eagle now generating US$60M per year free cash flow

▪ Cordoba SP up 800% in 1 year on significant copper-gold discovery

▪ Antioquia Gold developing the Cisneros deposit

▪ Multiple M&A during the last mining boom

▪ Ventana was acquired for US$1.5B

▪ Galway Resources acquired for US$340M

Single Asset Colombian Juniors

Mar

ket C

apita

lisat

ion

(CA

D$M

)

0

125

250

375

500

Continental Gold Eco Oro Gran Colombia Bellhaven C&G

5.78.313.720.721.529.633

69

191

463

Source: www.tmxmoney.com 27th July 2016

First Movers in South Colombia

▪ Circum Pacific are first movers in southern Colombia

▪ Similar geology to northern Ecuador yielding world-class intersection at Cascabel

La Esperanza Project

▪ Circum Pacific has the right to earn 100% interest in the La Esperanza Project and consolidated the surrounding mineral rights

▪ 740 Ha strategic landholding over a major structural corridor hosting high-grade gold veins and altered porphyries

▪ Mineralisation and alteration exposed over a 2km2 aerial extent

▪ No prior drilling or geophysics

▪ Close to infrastructure

Guachaves: Prolific Gold District

▪ Guachaves and La Llanada are two artesinal mining districts and prolific producers of gold

▪ Prospective for high-grade Intrusive Related Gold Deposits (IRGD)

▪ The Company’s La Esperanza project is located on the triple point of long-lived crustal sutures and Piedrancha Batholith Complex

▪ Multiple operating mines nearby

▪ El Diamante

▪ Rosario

▪ Casualidad-Tesorito

▪ Located ca. 50km south of Royal Road’s Golondrina Project

Access to Infrastructure

La Esperanza Landscape

▪ Vein zones are exposed in the Panacual creek and flanks of the ridges

▪ Flat-lying veins hosted in the northern limb of the Panacual syncline

▪ Locally widespread pervasive silica and rusty limonite alteration after sulphides

▪ 80 percent of prospective basement geology is overlain by a ceiling of younger volcanic cover

Looking South Panacual Fault Zone

Volcanic Cover Ash deposits and Lava Flows

Prospective Basement Folded sediments and volcanics

Schematic orientation of Vein Zones

La Esperanza Vein Zones

Pico de Oro Upper Level

▪ High-grade (+20gpt) gold exploited since 1950’s from 200m of underground workings in three levels over a 20m vertical interval

▪ Vein zones typically comprise a single principal vein 10 to 30 cm thick central to stacked thinner planar veins and stringers

▪ Observed vein densities range from 1 to 5 per vertical metre.

▪ All workings terminate in veins – open at depth and along strike

▪ Underground channel sampling conducted during May 2016 confirmed the high grade nature of La Esperanza

Underground Channel Sampling

▪ A total of 20 channel samples were collected from the Pico de Oro, La Esperanza and Panacual adits

▪ Vertical intervals range from 1 to 1.5 m (restricted by the height of the adits)

▪ Best results were 328 gpt Au and 42 gpt Ag over 1.2 metres while the average for all samples is 24 gpt Au

▪ This includes channel samples that yielded no significant results (NSR) designed to test for gold in ‘barren’ rock units

▪ The richest zones, Pico de Oro Upper, average 43 gpt Au from 9 channels and is open to the east

Pico de Oro Channel Samples

SNO 100028 1.2m @ 328 gpt Au, 42 gpt AgSNO 100026 1.5m @ 37 gpt Au

Underground Vein Geochemistry

Exploration Value Proposition

▪ Key points supporting the significant exploration potential at La Esperanza

▪ Veins zones are high-grade (up to 328 gpt Au over 1.2m)

▪ Potential for improved grades along the margin of the La Esperanza feeder structure

▪ Over 1km untested strike potential (open to the west and east with no prior drilling)

▪ Vein zones observed to the north likely extend below La Esperanza over a 400m vertical interval

▪ Multi-million ounce conceptual exploration target (Tanami gold?)

Conceptual Cross-SectionDrilling will target the down dip

extension of northern vein zones to depths of 400 vertical metres

Ore Deposit Model

• Management believe that La Esperanza shows geological similarities to Newmont’s Callie deposit (Tanami gold)

• Intrusion-related high-grade coarse gold hosted in tightly folded structurally dissected laminated siltstones, sandstones and carbonaceous units

• Similar potential for multiple ore locations passing down stratigraphy as evidence by exposure of multiple vein zones and high-grade Diez mine north of La Esperanza

• Large mineralised systems that grow organically with persistent drilling

Source: Baggot, Schmeider & Robinson (2016) Exploration success and resource growth at Newmont’s Tanami operations, Northern Territory. AGES 2016

La Esperanza Commercial Terms

1) The Company has the option to acquire 100% undivided interest in the La Esperanza project for a period of up to three (3) years by making the following payments and exploration work:

i) $18,000 upon signing of term sheet and definitive agreement

ii) $9,000 on receipt of regulatory and environmental approvals

iii) $26,000 on or before the date that the Company first commences drilling

iv) The sum of $132,000 payable in three equal instalments of $44,000 on the first, second and third anniversary of the effective date regulatory approvals

v) 3000m of diamond drilling

2) After making these payments and completing the exploration work, the Company may, prior to the third anniversary of the date of regulatory approvals, exercise the option and acquire 100% interest in La Esperanza subject to the following royalty and terms:

i) 10% net profit royalty on the potential sale of the asset, to be paid once payback of all capital invested to explore, develop and construct the operation are made

ii) $57,000 upon transfer of ownership of the mineral titles, and

iii) $57,000 on each anniversary of the transfer of the title until the company sells the project or commences commercial production

La Esmeraldas

▪ Circum Pacific has the right to earn 100% interest in the La Esmeraldas Project and consolidated 4500 Ha of surrounding mineral rights

▪ Widespread gold in surface samples ▪ El tunnel 3km of >250ppb gold

▪ Walk-up targets: sampling has confirmed potential for high-grade veins and gold-bearing porphyries

• Sphalerite veins grading 52 pgt Au

• Breccia target grading 4.5 gpt Au over 6.9m

• Porphyry breccia 6 gpt Au over 2.0m

• Great community relationships – Senior geologist Victor Muñoz has built lasting relations with landholders

• No prior drilling or geophysics

Mineralised Breccia with high gold

La Esmeraldas Commercial Terms

1) The Company has the option to acquire 100% undivided interest in the La Esmeraldas project for a period of up to three (3) years. In order to exercise the option, the company must make the following payments and complete the following exploration work:

i) US$40,000 upon signing of a Definitive Agreement (‘the Agreement’).

ii) US$30,000 on or before the date that the Company first commences drilling at the Esmeraldas project

iii) The sum of US$60,000 payable in three equal instalments of US$20,000 on the first, second and third anniversary of the effective date of the Definitive Agreement

2) Spends USD$200,000 on exploration within the La Esmeraldas project

3) After making these payments and completing the exploration work, the Company may, prior to the third anniversary of the date of regulatory approvals, exercise the option and acquire 100% interest in the La Esmeraldas project subject to the following royalty and terms:

i) 10% net royalty on the sale of the properties, to be paid once payback of all capital invested to explore, develop and construct the operation are made

ii) Once of payment of US$50,000 on the day that ownership of the mineral titles is transferred to the Company

iii) US$50,000 per annum until the company sells the project or commences commercial production

Exploration Milestones

▪ Stream sediment geochemical survey for regional target generation (results pending)

▪ Ongoing community engagement

▪ Ground geophysical surveys (MAG & IP) at both projects (Q3 2016)

▪ Environmental and drill permitting (Q1 2017)

▪ Ongoing vendor negotiations and project generation