Energold Drilling Group

Corporate Presentation

OCT 2017

This presentation contains certain forward-looking statements and information relating to

Energold that are based on the beliefs of its management as well as assumptions made by and information currently

available to Energold. When used in this document, the words “anticipate”, “believe”, “estimate”, “expect” and

similar expressions, as they relate to the Company or its management, are intended to identify forward-looking

statements.

This presentation contains forward looking statements relating to, among other things, regulatory compliance, the

sufficiency of current working capital, the estimated cost and availability of funding for the continued exploration and

development of the Company’s exploration properties. Such statements reflect the current views of the Company

with respect to future events and are subject

to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or

achievements of the Company to be materially different from any future results, performance or achievements that

may be expressed or implied by such forward-looking statements.

George Gorzynski, P.Eng., a Qualified Person under the meaning of Canadian National Instrument 43-101,is

responsible for the IMPACT Silver Corp. technical information in this presentation.

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FORWARD LOOKING STATEMENTS

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Mining

Energold Drilling’s original and primary line

of business. Market leader in frontier drilling services, operating 133

rigs in 24 countries spanning broad

spectrum of minerals.

Minimizes environmental and social impact with proprietary man-

portable drills.

Energy

Over 50 years of experience in the

Energy Services space catering to oil sands coring and oil/gas

seismic needs. This business division also handles geotechnical

drilling and directional drilling for

engineering and telecom industry

clients.

Manufacturing

A drilling brand with heritage of more than a

century, we design, manufacture, and maintain rigs and

supplies for clients globally.

Specializing in mineral, multi-purpose, water

wells, and geotechnical drilling machines and

parts. Manufactured and designed in UK.

BUSINESS SEGMENTS

Water

From the first water wells drilled more than 150 years ago during the cholera

outbreak in UK, Energold’s water

drilling division brings water related services such as de-watering,

water recycling, & fresh water well

drilling to existing clients across the

globe.

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CORPORATE SUMMARY

Fred Davidson CA MBA President, CEO and Director

James Coleman LLB Chairman and Director

Steven Gold CFA Chief Financial Officer

Brian Bertram Managing Director (Energold Energy Services)

Ethan Park Director

Michael J. Beley Director

Wayne Lenton B.Sc P.Eng Director

Mark Corra CMA CPA Director

Trading Symbol EGD:TSXV

Share Price (Oct 18, 2017) $0.50

Shares Outstanding 54.7 Million

Shares Fully Diluted 64.8 Million

Market Cap $27.4 Million

Institutional Ownership 20%

Insider Ownership 10%

Cash $10.4 Million

Working Capital $59.2 Million

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CDN$ (000’s) 2011 2012 2013 2014 2015 2016 2017 Q2

YTD

Revenue $133,482 $141,514 $122,807 $101,301 $81,976 $65,400 $36,913

Net Earnings /

(Loss) $26,428 ($8,650)* ($17,319) ($14,534) ($23,733) (18,561) (7,685)

Cash $22,782 $28,493 $26,608 $15,100 $13,563 $13,715 $10,442

Working Capital $69,341 $91,249 $65,450 $77,100 $72,568 $46,859 $59,213

Adjusted

Earnings /

EBITDA

$14,143 $2,339 ($9,143) ($10,876) ($8,380) ($5,250) ($1,954)

Adjusted EPS* $0.35 $0.05 ($0.19) ($0.23) ($0.15) ($0.10) ($0.03)

Note 2011-2013 Q4 had a maximum earn out expense related to Bertram acquisition of $10.5M per year

, gain on* Adjusted Earnings - Excludes earn-out payment and non-cash items which include accretion expense on debenture, finance cost related to sales-leaseback finance lease, share-based payments, foreign exchange, dilution and equity gain/loss on IMPACT, impairment/write-down of assets acquisition.

SUSTAINED

BUSINESS

THROUGH CYCLES

$23.70

$54.49

$133.48 $141.52 $122.80

$100.30

$81.98 $65.40

$36.91

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Energold Drilling Revenue ($Millions)

Q1-Q2 off to good start

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ANNUAL METRICS

Rig Count

Quarterly Meters Drilled 2011 – 2017

Avg Market Cap EGD 2006-2017

133 138 138 137 139 139

253 264 264 265 272 272

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100

150

200

250

300

2012 2013 2014 2015 2016 2017

Mining Rigs Total Rig Count

Mineral Meters Energy Meters

99.8 93.8

51.2

115.1

182.88 192.8

99.9

66.7

38.5 38.47

21.2

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100

150

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2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

• Global Drilling Solutions Provider Providing socially & environmentally sensitive drilling services to the international mining & energy sector.

• Market Leaders in ‘Frontier Drilling’ Proprietary drilling rig platform designed for drilling in remote and diverse sub-terrain locations with

limited infrastructure as well as sensitive environmental and

social issues.

• Global Footprint Operating 260+ rigs in 24 countries across a wide range of

drilling projects.

• Proven Track Record of Performance

Strong continued growth with diversified business in mineral

contract drilling, energy services, and rig manufacturing and sales.

Energold’s Highly Mobile Surface Rig in Operation

Durango, Mexico

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OUR BUSINESS

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GLOBAL OPERATIONS

World-Wide Operations Energold has offices and/or operations in 24 countries with complete jurisdictional compliance and logistical support.

Contractor Of Choice Commence relationships with frontier drilling programs that historically continue through to downstream stages of development. Current & historic client list includes many of the leading global mining companies.

Rig Fleet Energold has increased its fleet size in response to demand by an average of 70% per year over the last 6 years with a current rig count of 264. Mobile rig platforms can be re-deployed more efficiently and cheaper than conventional rigs.

20102

2078 10365

7466

6729

4321

Revenue by Region

Mexico CarribeanCentral America

South America

Africa Asia others

Canada

USA

UK / Europe

Modular Component Design

– Easy to transport within country, across challenging terrain as well as rapid mobilization globally to reduce downtime

Proprietary Technology

– Depth capabilities of over 1,000m with ¼ inch greater core diameter using (TW) Thin Wall rod system

– Competitive portable rigs only reach depths between 200–300m BTW

Rigs Built In-House

– Ensures proprietary nature of rig designs

– Continual upgrades are implemented from input of field personnel

– Ability to upgrade portable rigs seamlessly to conventional drill rig as project evolves

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OUR TECHNOLOGY

• New discoveries are increasingly difficult

to find, forcing traditional miners to seek

assets in frontier regions that require

specialized equipment Energold.

• Producers seeking to replenish reserves

through acquisitions as lower metal

prices forces their reserves lower.

• Global exploration expenditure dropped

70% since 2012 peaks of $21B down to

less than $7B worldwide.

Source: SNL Metals & Mining 2017 March

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MINING INDUSTRY

$21.5B

$15.2B

$18.3B

$12.1B

$1.9B

$5.1B $9.2B

$6.89B

MULTI-YEAR LOW IN EXPLORATION

FUNDING TO RESULT IN

PROJECT SHORTAGES

Energold’s clientele includes many of the world’s largest natural resource companies.

Existing clientele range from early-stage junior explorers to well known, mature producers spanning all base and precious metals, as well as industrial commodities.

MAJORS • Barrick Gold • BHP Billiton • Goldcorp • Grupo Mexico • Rio Tinto • Newmont Mining • Penoles • Vale • AngloGold • Fresnillo • El Dorado Gold • Codelco JUNIORS • Grayd Resources (now Agnico-Eagle) • US Gold (now McEwan Mining) • Great Panther Silver • First Majestic Silver • Olympus Pacific Resources (now Besra Gold) • Precipitate Mining Corp. • GoldQuest Mining Corp.

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CUSTOMER PROFILE

• Proven player in sizable oil sands market

dating back to 1963

• Niche, high-margin market with short

and long-term growth

• Coring – smooth out Energold

traditional slow mineral seasons (Q4/Q1)

• Re-allocation under-utilized drill fleet

(seismic and specialty) within Energold’s

global network

• Synergy of talents – trained

drillers in energy drilling can transition to

mineral drilling and vice-versa

• 2013 addition of 2 new oil sands coring

rigs to address market demand

Bertram TH60 Coring Rig

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ENERGOLD ENERGY BERTRAM INTERNATIONAL CORP.

LIS GT1 Seismic Drilling Rig

Global Energy Drilling 14 Rigs

12%

75 Seismic 62%

32 Rigs 26%

Energy Services Fleet

Oil Sands Coring Rigs

Seismic Rigs

Speciality Rigs (RC,Geothermal,Geotech)

• HDD (Horizontal Directional Drilling) is used

to install telecommunication, power cables,

water lines, gas lines – an environmental

approach for the infrastructure industry.

• Software steered borehole accuracy and

targeting – bore hole range from 1” to 20” in

diameter.

• Hydro Vac is used to expose underground

utilities to get depth and profile of utility

before drilling to not damage existing

telecom, gas, water, and other lines most

cities have in place.

• Profitable and growing business with

potential to expand into US and booming

defense sector.

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ENERGOLD INFRASTRUCTURE SERVICES CROS-MAN UNDERGROUND

Directional Drilling & Hydro Vac

Fleet of EGD Hydrovac Trucks

• 150 years of experience in designing and manufacturing of larger rigs in the UK

• Maintenance, servicing, and sales of rigs and parts to third parties

• Expertise in water well drilling

• Building a new services division that can leverage the existing Energold logistics network

Mineral Multipurpose Mintec® Rigs

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ENERGOLD MANUFACTURING DANDO INTERNATIONAL LTD.

Trusted Name in Drills for 150 years

Water Well Drilling Watertec® Rigs

Geotechnical Drilling Rigs Geotec® Rigs

• Continued growth with reputable name brand Difficult 2-3 years but improvements

began in 2014 & continuing today

• Different categories of clients Dando caters to the WorldBank, UN,

UNICEF, and Oxfams of the world.

• Market Potential Global equipment market is worth

$61 billion. At $22.9 million (2013

record), Energold is just 0.01% of the

market. 1

1. Standard & Poors

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INDUSTRY DEMAND IMPROVING WORLDWIDE

• IMPACT Silver Corp is a explorer-producer and explorer in Mexico operating since 2006

• ENERGOLD DRILLING CORP owns 7.87 million shares (9%)

• OPERATIONS

Four mines in production

• EXPLORATION

Tremendous exploration potential with OVER 300km2 and over 3,000 mine workings mapped to drive new developments

• DEVELOPMENT

New discoveries of high grade silver and gold at San Ramon

Zacualpan Processing Plant

SYMBOL IPT-TSX.V SHARE PRICE $0.35 MARKET CAP $30M CASH $7M + $2M Receivables DEBT $0

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INVESTMENT HOLDINGS: IMPACT SILVER CORP.

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IMPACT SILVER CORP. PROFITABLE GROWING PRODUCER

2017 Q2 2016 2015 2014 2013 2012 2011 2010 2009 CAGR

2009-2015

Total Tonnes Processed (T) 180,032 180,032 170,509

162,266

159,270

168,826 154,289

131,348

114,340 +8.02%

Tonnes (T) Processed/Day 526 526 467 445 436 463 424 360 313 +8.03%

Silver (oz) Production 952,768 952,768 950,059

725,733

682,526

620,515 833,607

750,259

823,571

Revenue /Tonne Sold $92 $92 $85 $74 $84 $94 $171 $123 $110

Direct Cost Tonne Sold $70 $70 $72 $69 $68 $65 $70 $63 $60

(CDN$000’000’s except EPS) YE 2016 YE 2015 YE 2014 YE 2013 YE 2012

Revenues $16.7 $14.7 $12.0 $14.1 $15.9

Operating expenses $1.9 $12.6 $12.0 11.4 $10.3

Mine operating earnings (loss) 1 $3.7 $2.0 ($0.0) $2.7 $5.6

EBITDA $0.7 $0.4 ($2.0) ($4.7) $1.6

Debt Nil Nil Nil Nil Nil

Earnings (loss) per share – basic ($0.02) ($0.02) ($0.05) ($0.13) ($0.02)

Working capital $10.4 $2.9 3 $3.7 $6.9 $21.4

Positive Social Impact

– Provide jobs for locals

– Training in work-safety and mechanical experience

Minimal Environmental Impact

– Portable rigs leave a small environmental footprint

– Avoid tree clear cuts and save cost on road building

Third Party Recognition

– PDAC Environmental Excellence in Exploration Case Study (E3 Initiative)

– BC Business Innovators of Year

– BC Export Business of Year Finalists 2012-2015

– TSX Venture Top 50 Companies 2017

Energold’s approach is win-win for clients and local communities

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SOCIAL & ENVIRONMENTAL

Haiti Bridge

Infrastructure Project

Donated Waterwell

in Chihuahua, Mexico

School Buildings

Soccer team and textbook donations

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PRESERVE MARGINS AND CAPITAL IN MINING

• Grow mineral drilling rig fleet to

solidify existing markets

• Continued growth of frontier

drilling and transitioning with

clients to mature projects with

larger conventional drills

• Organic growth and search for

acquisitions in existing and new

markets

• Continue technological

advancements in rig design and

capabilities.

SEED AND EXPAND INTO NEW MARKETS

• Capitalize on high growth frontier regions such as South/Central America, Southeast Asia & Africa.

• Pursue additional ‘bolt-on’ acquisitions in target regions.

• Seek new markets for under utilized platforms such as seismic drills in Alberta

• Grow water well drilling business

• Expand drilling services and multi-purpose and reverse circulation (RC)

GROW ENERGY AND MANUFACTURING DIVISIONS

• Energold Energy division continues to benefit from niche market expertise in unconventional and conventional markets

• Grow manufacturing services and utilize capabilities to build larger rigs over time

• Grow new business divisions including the historical Dando footprint in water well activity

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GROWTH STRATEGY

Analyst Company Contacts

Stephen Kammermayer Clarus Securities

416-343-2782

Darryl Young CA CFA Toronto Dominion (TD) 416-983-3276

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ANALYST COVERAGE

Appendix

Income Stmt

Income Statement Highlights 2010-2016

2017 Q2 YTD 2016 2015 2014 2013 2012 2011 2010

Net Revenues ($Millions) $36,913 $65,400 $81,976 $100,301 $122.81 $ 141.51 $ 133.48 $

54.59

Net Income ($Millions) ($7,676) ($18,561) $(23.73) (14.05) $ (17.32) $ (8.65) $ 26.43 $ 1.59

Earnings Per Share (EPS) - Basic ($0.14) ($0.36) $(0.49) (0.28) $ (0.36) $ (0.19) $ 0.65 $ 0.04

Earnings Per Share (EPS) - Diluted ($0.12) ($0.36) $(0.49) (0.28) $ (0.36) $ (0.19) $ 0.64 $ 0.05

Cash Per Share (CPS) $0.20 $0.26 $0.28 $0.37 $ 0.56 $ 0.62 $ 0.62 $ 0.77

Net Working Capital ($Millions) $59.2 $46.7 $72.57 $77.00 65.45 81.85 69.34 63.65

Minerals Metres Drilled (Meters) 152,200 232,600 202,800 236,600 296,500 428,300 587,544 346,328

Energy Meters Drilled (Meters) 71,100 161,700 358,300 383,200 335,200 630,600 444,400 N/A

Appendix

Balance Sheet

Balance Sheet Highlights 2010-2015 2017 Q2 2016 2015 2014 2013 2012 2011 2010

Current Assets ($Millions) $77,601 $80,170 $93.58 $99.64 $107.74 112.1 99.58 71.88

Total Assets ($Millions) $103.33 $108,98 $130.31 $148.86 $163.65 172.816 163.49 91.02

Cash and Cash Equivalents ($Millions) $10.4 $13.72 $13.56 $15.00 $26.61 28.493 25.267 30.7

Current Liabilities ($Millions) $18.4 $33.31 $21.02 $18.47 $42.28 30.253 30.24 8.23

Long-Term Debt ($Millions) $22.8 $6.5 $18.25 $17.92 $4.97 9.4 9.079 0.17

Shareholder Equity ($M) $62.4 $69.55 $91.05 $112.47 $116.85 129.861 111.895 78.32

CONTACT

Jerry Huang MBA

Director Corporate Development & IR

jhuang@energold.com

604-681-9501