Inca One Gold Corp. (TSX-V: IO) is a Canadian-based mineral resource company and mineral processing company with a gold milling facility in Peru, servicing government-permitted small-scale miners. A highly mineral-rich country, Peru is one of the world’s top producers of gold, silver, copper and zinc, with substantial production coming from small scale miners who need government permitted milling facilities to process their gold bearing material (such as the Company’s Chala plant).

1. TSX.V: IO
Corporate Presentation
October 2017

2. This presentation includes forward-looking statements which are not historical facts but instead address future events and conditions which by their
very nature, involve inherent risks and uncertainties. Such information can generally be identified by the use of forward-looking wording such as “may”,
“expect”, “estimate”, “anticipate”, “intend”, “believe” “potential” and “continue” or the negative thereof or similar variations.
Forward-looking information in this presentation includes, but is not limited to, intended acquisitions, upgrades and production at milling facilities,
financing plans, use of proceeds and estimated net income. Actual results in each case could differ materially from those currently anticipated in such
statements due to factors such as: (i) fluctuation of mineral prices and exchange rates; (ii) change in market conditions; (III) the fact that the Company’s
development and factors affecting it may be very different from other companies; (iv) availability and quality of mill feed; (v) regulatory and political
developments and (vi) future operational results may not be accurately predicted based historical results and on information to date.
Forward-looking statements and other information contained herein concerning the metals and mining industry and Inca One’s general expectations
concerning the industry are based on estimates prepared by management using historical data from publicly available industry sources as well as from
private sources, industry analysis and on assumptions based on data and knowledge of the this industry which the Company believes to be
reasonable. However, certain data is inherently imprecise. While Inca One is not aware of any misstatements regarding any industry data presented
herein, the industry involves risks and uncertainties and is subject to change based on various factors. There is no certainty the projections will be met.
Our forward-looking information is based on the beliefs, expectations and opinions of management on the date the statements are made and we do not
assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required
by applicable law. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements
including, but not limited to, changes in general economic, political and market conditions and other risk factors. Although the forward-looking
statements contained herein are based upon what management believes to be reasonable assumptions, management cannot assure that actual
results will be consistent with these forward-looking statements. Investors should not place under reliance on these forward-looking statements.
Future-Oriented Financial Information
In addition this presentation contains future-oriented financial information (“FOFI”). The purpose of the FOFI is to provide prospective investors with
information pertaining to the Company’s longer term objectives. Readers should be cautioned that information may not be appropriate for other
purposes.
Currency
Unless otherwise indicated, all dollar values herein are in Canadian dollars.
2 TSX.V: IO
Disclaimer

3. 3 TSX.V: IO
 Ranked in top 10 of world largest producers of base and precious metals.
 Has attracted major players in mining industry (BHP Billiton, Freeport-
McMoRan, Rio Tinto, Anglo American Newmont and Barrick).
 US$59.5 B (est) foreign investment flowing into mining sector over next few
years.
1
 Politically and macro-economically stable - PPK pro-business.
 Re-opened formalization process will significantly increase demand for
processing.
 Moratorium creating barriers to entry in this process opportunity to capture
new business and mineral supply.
Why Peru? Why Now?
1. SES Professionals, Overview of Mining in Peru

4. 4 TSX.V: IO
LIMA
CHALA ONE SAC
Top Regions
Number of
Mines *
1. Arequipa 14,859
2. Ayacucho 9,015
3. Puno 6,920
4. Apurimac 7,269
5. La Libertad 5,298
6. Piura 2,123
* Internal
Numbers
Provided by
Ministry of
Energy and
Mines of Peru
 6th largest producer of gold in world
2016.
1
 Peruvian government estimates the
small scale mining sector at 20%
2
of
all Peruvian gold production
equivalent to US $2.6B.
 Estimated 15,000 TPD of gold-
bearing mineral produced by small
scale miners, average recoverable
gold grade of 0.5 oz/tonne.
 Gold mineral processing plants in
Chala produced 315,000 ounces
(approximately 9 tonnes) of gold
annually in 2014.
2
 6 highlighted regions are top sources
of mineral supply.
 Mineral buying team lead by
experienced local Peruvian (led
commercial ore acquisition unit of
major competitor).
 Sales team of 18 minerals buyers
covering 6 regions.
Mineral Supply
1. US Geological Survey, measured in Metric Tonnes
2. Peruvian Newspaper La Republica, as reported from news portal Peru This Week

5. 5 TSX.V: IO
Mineral Processing Business
Miner delivers
mineral to Chala
One SAC plant.
Careful, systematic
testing prior to
mineral purchase is
done to determine
grade and recovery.
Mineral is
purchased at
discount to spot
price and stockpiled.
Mineral is
processed and gold
is absorbed;
inventory turns over
approximately every
3 weeks.
Carbon is harvested
and gold/silver
concentrate is
desorbed, then
smelted into gold
dore.
Gold dore is sold
and exported to
Switzerland.
A. Mineral Delivery
B. Measure and Test
C. Purchase and StockpileD. Process Material
E. Harvest and Smelter
F. Sale and Export

6. 6 TSX.V: IO
 Located in mining friendly region of Arequipa.
 Situated on over 55 acres of land.
 Operating capacity of up to 140 TPD; Permitted capacity of 100TPD.
 Fully government permitted, EIA approved.
 Connected to national power grid in summer of 2017.
 Ample water supply.
 Increased tailings capacity with room to expand further.
 Managed by experienced and trustworthy Peruvian team (ex. Barrick).
Chala One SAC Plant East view.
Chala One Processing Plant

7. 7 TSX.V: IO
Stockpiles
Camp Area
Recycled Water
Chemical Lab
Warehouse
Reagent Storage
Met Lab
Ramp
Ball Mills
Leaching Tanks
Plant Entrance
Scale
Plant Roadway
Tailings Ponds
Desorption Plant
Plant Layout and Facilities
Smelter

8. 8 TSX.V: IO
Operating Highlights (2016-2017)
Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018
Processed 2370 3070 7298 5088 5806
Gold Produced 1136 1305 3171 2099 2502
0
500
1000
1500
2000
2500
3000
3500
0
1000
2000
3000
4000
5000
6000
7000
8000
Tonnes Mineral Processing and Gold Production
Ounces
• Above chart shows mineral processed and gold produced over prior 6 operating quarters.
• Mineral processed averaged 2700 tonnes/quarter from Q4 2016 to Q2 2017.
• With financing secured late Q2, processing increased in Q3 by 134% resulting in 143%
increased gold sales in Q3.
• Q4 2017 production experienced seasonal slowdowns including severe weather conditions
causing widespread damage to infrastructure throughout Peru resulting in lower than usual
deliveries.
• Operations recovered in Q2 2018 as deliveries picked up as expected and production
increased with additional financing secured.

9. 9 TSX.V: IO
Operations
Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018
Sales (CAD M) 6.60 4.30 3.10 2.50 2.10 2.40 5.10 4.20 4.00
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
USD
Gold Sales
• Recovery rates trending positive
over recent operating periods.
• Averaging 92.42% over last 12
months.
• Revenue peaked in Q1 2016.
• Refinanced in Q2 2017
operations and sales ramped
up again in Q3.
• Sales expected to grow further
in 2018.
P24 P25 P26 P27 P28 P29 P30 P31 P32 P33 P34 P35
2016 Periods 92.87 95.31 94.09
2017 Periods 92.49 93.34 92.06 91.68 91.77 91.37 90.73 91.33 92.00
88.00
89.00
90.00
91.00
92.00
93.00
94.00
95.00
96.00
Percentage
Recovery Rates

10. Share Structure As of October 1, 2017
Issued and Outstanding 81.3 M
Warrants 48.6 M
Options 3.2 M
Fully Diluted 133.8 M
Market Cap 7.3 M
10 TSX.V: IO
Share Structure

11. Management Position and Experience
Edward Kelly, BBA
President, CEO and Director - Entrepreneur, 20+ years management
experience in marketing and business development.
Kevin Hart, CPA
CFO – 20+ years international experience in finance, accounting, corporate
administration and governance; formerly HDI Group of companies (Farallon)
and notably Asanko Gold, and Taseko’s Gibraltar Copper Mine in BC.
Mark St.John Wright, BSc, MBA
VP Operations and New Projects – entrepreneur with 10+ years starting
and managing multiple successful businesses; prior experience in heavy
industry, metal purification and extraction, sales and marketing.
Rafael Rossi, CPA, MBA
General Manager, Peru – senior executive with 30+ years experience;
previously 16 years with Barrick Gold as Senior Finance Manager and
Controller at Pierina and Lagunas Norte.
Directors Position and Experience
Bruce Bragagnolo, LLB
Chairman of the Board – Mining executive, Co-Founder and Former CEO
Timmins Gold Corp, and Silvermex Resources Ltd; raised over $120M in debt
and equity.
Rodney Stevens, CFA
Director – 10+ years capital markets experience; Starmine recognized top
rated Investment Analyst in metals & mining industry in 2007 while at Salman
Partners; assisted in financings and M&A activity worth over $1B value.
Adrian Morger
Director – European based Asset Manager, 20 years banking experience,
former Head of Fund and Manager Selection for VP Bank AG, and Fund
Manager Alternative Investments at Internationale Fonds Service AG.
11 TSX.V: IO
Key People

12. 12 TSX.V: IO
 Cash flow positive.
 Expand permits to increase production to max capacity of 350TPD.
 Maintain plant efficiencies, recovery rates and current margins.
 Joint Venture with operating mines to solidify mill feed for future growth.
2017 Objectives

13. Contact Information
Head Office
Suite 1915 – 1030 West Georgia St.
Vancouver, BC V6E 2Y3
604-568-4877
Peru Office
Calle los tulipanes N°147
Office 503
Urbanización Lima, Polo Hunt
Surco, Lima 33 - Perú
(+51) 1 717-4388 / 4387
Investor Relations
Konstantine Tsakumis
604-568-4877
irincagold@incaone.com
www.incaone.com