sphinx resources ltd. march 2015

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Sphinx Resources Ltd. March 2015

1

Forward-Looking Statements

This presentation may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results and activities to vary materially from targeted results and planning. Such risks and uncertainties include those described in Sphinx’s periodic reports including the annual report or in the filings made by Sphinx from time to time with securities regulatory authorities.

2

Summary

▲Share structure 36.3 millions shares issued1

62.7 millions fully diluted Institutions: 43% Management and strategic investors: 24%

▲Milestones in 2014

Financings - $3.8 M 5 active projects Exploration expenditures - $1.4 M

1 Excluding 4 million shares to be issued to Amixam Resources for Green Palladium project, subject to TSX-V approval

3

Board of directors

Normand Champigny, M.A.Sc., ing. 34 years of experience in exploration and management in Canada and internationally

John Hick, BA, LL.B. More than 30 years of experience in the mining industry in management positions and as

independent director

David Johnson, B.C.L., LL.B. 12 years of experience in business and corporate law Corporate secretary of the corporation and Chief Legal Officer of Colt Resources

Ingrid Martin, CPA, CA 24 years of experience in finance and company acquisitions including several mining and

exploration companies in Québec

Kerry Sparkes, M.Sc. 25 years of experience in the mining industry as an exploration geologist and executive Key person involved in the exploration, delineation and development of both the

Voisey’s Bay nickel and the Rainy River gold deposits

4

Management and advisory committee

Normand Champigny, M.A.Sc., ing. President and Chief Executive Officer

Ingrid Martin, CPA, CA Chief Financial Officer

Robin N. Adair, M.Sc. - Advisory Committee 32 years of experience including 25 years with Noranda and Falconbridge Participated to the discovery of the Bracemac-McLeod zinc-copper mine

Michel Gauthier, Ph.D. - Advisory Committee 44 years of experience Professor of mineral prospecting at l’Université du Québec in Montréal Co-baptized a gold prospect, named Éléonore, in the James Bay region

5

Strategy

Growth in Québec with: Solid partners

Projects with recognized mineral potential

• Strong focus on high grade PGE-Ni-Cu targets

Opportunities to acquire a 100% interest

6

Overview

Development of exploration projects in Quebec Options with Midland Exploration (50% initially, JV afterwards)

Samson - nickel, copper and platinum-group elements Adam - gold, copper

Acquisition from Amixam Resources (100% Sphinx) Green Palladium - palladium, copper

Acquisition from Virginia Mines (100% Sphinx)

Preissac- nickel, copper and platinum-group elements

Option with Cartier Resources (50% initially, JV afterwards with 2nd option 75%, 3rd option 100%)

Dollier - gold

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Source: company web site

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Samson TDEM Grids

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Samson TDEM Grids

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Adam Total Field Mag

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Green Palladium Project

Acquisition from Amixam Resources (210 claims)

Located in Pontiac Municipal County

Strong support of region’s residents

100% owned by spending $750,000 over 3 years

Palladium values well above 1 g/t on surface

Geological similarities with giant mining camp Norilsk

Drilling in spring of 2015

Palladium: growing demand and declining supply

12

Platinum Group Elements

Higher demand for PGM due to: • expanding automotive production • more stringent governmental emission regulations

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S o u r c e : S t i l l w a t e r M i n i n g C o m p a n y w e b s i t e

Pa l lad ium: def ic i t dr iven by subst i tu t ion of pa l lad ium for p la t inum in gasol ine & d iese l cata lyt ic conver ter appl icat ions

14

Palladium prices

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1cm

Pyroxenite rounded nodule

Pyrrhotite

Chalcopyrite

Sample MB250414-01 3.2 g/t Pd, 3.2% Cu

0.18% Ni, 84 ppb Pt, 143 ppb Au

Pyroxene

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17

Preissac Project

Acquisition from Virginia Mines, 39 km2 (78 claims)

West of Marbridge mine: 0.8 Mt @ 2.3% Ni, 0.2% Cu

100% owned

Airborne geophysics and surface prospecting completed

Untested electromagnetic anomalies totalling 14 km of

cumulative length over 10 distinct conductors

Drill-ready in spring of 2015

Preissac Project

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Dollier Project Sur face sampl ing(2009-2010)

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2015 Value drivers

Projects with Midland Exploration Samson - drilling started in March (1,500 m) Adam - drilling starting in the spring

Preissac Project (100% Sphinx, acquired from Amixam Resources)

drilling starting in the spring Green Palladium Project (100% Sphinx, acquired from Virginia Mines) drilling starting in the spring

Project with Cartier Resources Dollier - drilling completed, designing next program Continue to review project acquistion opportunities

Sphinx Resources Ltd. 1 Place Ville Marie, Suite 2001

Montreal, QC H3B 2C4 T: 1 514 286-1565

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