bwr exploration corporate presentation

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Page 1: BWR Exploration Corporate Presentation
Page 2: BWR Exploration Corporate Presentation

This presentation may contain forward-looking statements such as use of words or phrasessuch as: is poised to, historical resource estimates, to be appointed, to create, up to, expectedto cost, yet to be defined, etc. Such forward-looking statements involve a number of knownand unknown risks, uncertainties and other factors which may cause the actual results,performance or achievements of BWR Exploration Inc. to be materially different from actualfuture results and achievements expressed or implied by such forward-looking statements.

Readers are cautioned not to place undue reliance on these forward-looking statements whichspeak only as of the date the statements were made, except as required by law. BWRExploration Inc. undertakes no responsibility to publicly update or revise any forward-lookingstatements. These risks and uncertainties include: the uncertainty of completing the acquisitionof the project from Puma on the terms described in this presentation, or that actual resultsobtained by BWR in the future may differ materially from the historical results alluded to in thispresentation by others, which historical results have not been fully verified by BWR. Inaddition, readers of this presentation should review the risks and uncertainties that aredescribed in the quarterly and annual reports and in the documents submitted to the securitiesadministration. Neither the Toronto Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this presentation.

TSX Venture: BWR 2

Page 3: BWR Exploration Corporate Presentation

BWR Exploration Inc. (“BWR” TSX.V) is poised to capitalize on management’s corporate andexploration experience, focusing on an early stage exploration gold project recently acquiredin Manitoba, with secondary interest in other gold and base metal projects owned by BWR inQuebec and Ontario.

Founders, Management, and Directors are significant investors and currently owners of ~30.5% of the outstanding common voting shares. There are 44.2 million common shares issued,trading range $0.04 to $0.08 range.

Each of BWR’s exploration projects have “uncategorized in situ resources” identified on themas reported in various government public and industry internal documents. BWR’s strategy isto complete systematic exploration that is designed to confirm or elevate the existinghistorical resources on these projects to formal resource estimates that are compliant withNational Instrument 43-101 standards of reporting.

BWR’s Canadian projects:

100% interest in Little Stull Lake gold project in Manitoba

100% interest in Vendome Sud base metal project in Quebec (acquired in Sept. 2015)

59.8% interest in Shunsby base metal project in Ontario (acquired in 2012)

70% interest in Santa Maria + 100% interest in Sakoose gold project(s) in Ontario (acquired in 2011and 2013 respectively)

TSX Venture: BWR 3

Page 4: BWR Exploration Corporate Presentation

Management:

Neil D. Novak. (B.Sc., FGAC, P.Geo.):

Founder, President, CEO and Director

George Duguay (CPA, CGA, FCIS):

Founder, VP Corp. Development, Director

Daniel Crandal (CPA, CGA):

Chief Financial Officer

Carmen Diges (LL.B, LL.M, CFA):

Corporate Secretary, Legal Counsel

Independent Directors:

Norman Brewster

Allan Ringler

Earl Coleman

Marcel Robillard

TSX Venture: BWR 4

Page 5: BWR Exploration Corporate Presentation

BWR’s corporate mission is to increase shareholder value by acquiring precious and base metal explorationproject(s), located in exploration and financing friendly jurisdictions in Canada, and advancing theseprojects through the exploration cycle to become attractive development projects;

Short Term Business Plan (2017-18) is to raise sufficient capital as required to assess, maintain, andadvance prioritized projects.

2017-18 focus will be on the newly acquired (December 2016) Little Stull Lake Gold Project in Manitoba;

BWR will maintain status quo for other exploration projects including: Vendome Sud (Ni/Cu) project nearVal D’Or Quebec (exploration lots), the Shunsby (Zn/Cu) project near Timmins ON (leased land), and theSanta Maria – Sakoose gold projects near Dryden, ON (unpatented claims);

Long Term Business Plan (3- 5 years) is:

• to create strategic financial alliances that facilitate exploration / development and eventualexploitation of projects as they mature through the exploration cycle to become advanced projectswhere compliant resource estimates are identified in order to monetize asset value.

TSX Venture: BWR 5

Page 6: BWR Exploration Corporate Presentation

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Vendome Sud

(Ni + Cu)Quebec

Shunsby(Zn +Cu)Ontario

Little StullLake

(Au) Manitoba

Sakoose – Santa Maria(Au)

Ontario

Page 7: BWR Exploration Corporate Presentation

• The Little Stull Lake Gold Project (“LSLGP”) is the new focus project for BWR, reportedly hosting 5 gold zones over a 6 km portion of a regional (80km) shear structure

• 100% interest acquisition from Puma Exploration Inc. for initial payment of $50,000 cash plus payment of 5 million shares valued at $0.05/share ($250K)

• 2 additional cash payments of $50K after MEL’s get issued

• Additional share payments of up to 5 million shares in installments as exploration and development milestones are achieved over next few years

• BWR received final exchange approval on this acquisition on December 5, 2016

TSX Venture: BWR 7

Page 8: BWR Exploration Corporate Presentation

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Property consists of 20 claimscovering 2,387 hectares offavorable geology for goldmineralization, plus two MineralExploration Licenses (MEL)applications that surround the 20claims totaling an additional 36,000hectares of exploration potential

Page 9: BWR Exploration Corporate Presentation

Stull

Lake

20 staked claims for 2,387 ha

Assesment work is filed and up

to date (April 2025) excess

banked for additional years

Located 20km north-east of Yamana

Gold’s Monument Bay Gold Deposit

reported to contain 36.6 mt @ 1.5g/t

NI 43-101 Indicated Category (YRI

news release Sept. 2016)

Very little recent exploration

completed along favorable Wolf

Bay Shear Zone, historical

exploration focused on West Zone

reported in 1990 to contain

750,000 tonnes averaging 10.3 g/t

Au*

Greenstone

belt

Little Stull Lake

* Historical resource estimate pre – NI 43-

101 reporting standards

0 10

km

Sharp

Lake

Edmund

Lake

Kistigan

Lake

Stull

Lake

TSX Venture: BWR 9

Highlights

Page 10: BWR Exploration Corporate Presentation

•1990 historical resources by Westmin

(pre NI 43-101 reporting standards)

Property

5 Drilled Gold Zones

over 6km strike length

202 holes for 30 515 meters

20 holes > 1 oz Au over 1m

48 holes > 10 g/t Au over 1m

750 000 t @ 10.3 g/t Au*

(257 500 ounces Au*)

Beaver Zone

10 Holes.5including 3.68 g/t over 4m

Rocky Zone

10 Holes including 3.35 g/t over 13m

Central Zone

9 Holes including 16.7 g/t over 1.5m

Otter Zone

6 Holes including 2.32 g/t over 4.6m

West Zone*

TSX Venture: BWR 10

Page 11: BWR Exploration Corporate Presentation

Selected Highlights of

Westmin Drilling (1985-89) to

be confirmed by BWR

Zone 3W

Zone 11W

Zone 17W

LS-82 : 38.92g/t Au over

5m (or 4.5g/t over 45.2m)

LS-46 : 14.14 g/t Au over

5.0m

LS-70: 111.53 g/t Au over

3.0m

(or 7.4 g/t Au over 47.0m)

LS-86 : 25.91 g/t Au over 3.0m

meters

TSX Venture: BWR 11

LS-95: 2.97g/t over 5.6 m

LS-96: 2.87g/t over 10m

LS-45: 2.99g/t Au over 4.0m

Page 12: BWR Exploration Corporate Presentation

Zone 3W

Section 210 Section 106 Section 009

LS-107

LS-00-02

LS-96

LS-95

LS-82

LS-158

LS-89

LS-46

LS-70

LS-45

LS-163

LS-86

LS-116

TSX Venture: BWR 12

West Zone Vertical Longitudinal diagram is provided courtesy of Puma Exploration (in house files)

Page 13: BWR Exploration Corporate Presentation

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Page 14: BWR Exploration Corporate Presentation

The Birth of a New Gold Camp

8

TSX Venture: BWR 14

2016-17 exploration expected to cost ~$1.9

million (2 stages)

Stage 1 (~$35K - $40K) during Winter 2017

FN consultation, geological compilation (underway)

Stage 2

(a) (estimate $300K-400K) during late Winter/early

Spring 2017

Re-establish 10 man exploration drill camp (repair

and minor construction), brush out drill access road,

move dozer to campsite, airborne geophysical

surveying over MEL’s, line-cutting, Ground IP and

Magnetic survey over West Zones (3W, 11W and

17W) prepare for drilling in summer

(b) (estimate $1.5 million) during Summer/Fall

2017

drill program of initially 2,000 meters, geological

mapping, initial resource estimate to NI 43-101

standards

~40km

Page 15: BWR Exploration Corporate Presentation

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Page 16: BWR Exploration Corporate Presentation

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Property consists of 20 lots covering 924 hectares of favorable geology for VMS, MMS and gold mineralization

Page 17: BWR Exploration Corporate Presentation

Main focus for BWR is on the Little Stull Lake Project, plan to raise up to ~$2.0million for all projects at prevailing prices for FT and up to $300K HC in December2016 – January 2017

Continue review and prioritization of other projects, maintain claim status;

Little Stull Lake in Manitoba, prepare for drilling, airborne survey estimated tocost $1.9 million

Vendome Sud in Quebec to spend $30K - $50K in early 2017 to maintainclaims, line cutting and ground surveying.

Shunsby in Ontario, no work planned for 2016/17 (claims are patent no workrequired)

Santa Maria in Ontario, no work planned for 2016 (claims under special order)

Sakoose in Ontario, line cutting, IP survey over main zone, anticipate $30K -$50K expenditure in 2017

TSX Venture: BWR 17

Page 18: BWR Exploration Corporate Presentation

• 44,191,961 shares currently issued (+ 5 million shares authorized to be issued to Puma upon completion of various milestones by BWR)

• Management (insiders) currently own: 13,487,000 shares (30.5%)

• Puma currently owns: 4,500,000 shares (10.2%) can own up to 9,750,000 (19.8%) once all milestones are met

• Retail currently own: 25,844,961 (58.5%)

• Options currently issued: 2,930,000

• Warrants currently issued: 8,098,500700,000 @ $0.10 expire June 22, 2017

2,000,000 @$0.075 (1st year), $0.10 (2nd year) expire June 20, 2018

4,782,000 @$0.075 (1st year), $0.10 (2nd year) expire Aug 10, 2018

TSX Venture: BWR 18

Page 19: BWR Exploration Corporate Presentation

Contact Information

BWR Exploration Inc.3rd Floor – 82 Richmond St. E.,

Toronto, ONM5C 1P1

Neil Novak, P.Geo. (President/CEO)E: [email protected]

T: (416) 848 6866

www.bwrexploration.com

TSX Venture: BWR 19