Corporate Presentation

1. WELL-FUNDED CANADIAN GOLD EXPLORER
UNLOCKING VALUE IN VAL-D’OR
July 2018

2. 2
Forward Looking Statement
Forward Looking Information
This presentation may include certain “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein, including, without limitation, statements regarding future plans and objectives of Probe Metals Inc. (“the Company”),
future opportunities and anticipated goals, the company’s portfolio, treasury, management team, timetable to permitting and production and the prospective
mineralization of the properties, are forward-looking statements that involve various risks, assumptions, estimates and uncertainties. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”,
“estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements
that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved”. There can be no assurance that such
statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-
looking information is subject to known and unknown risks, including but not limited to: an inability to complete the business combination; general business,
economic, competitive, geopolitical and social uncertainties; delays in obtaining or failures to obtain required governmental, regulatory, environmental or other
required approval; the actual results of current exploration activities; acquisition risks; and other risks of the mining and resource industry. Although the Company
has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be
other factors that cause results not to be as anticipated, estimated or intended. These statements reflect the current internal projections, expectations or beliefs
of the Company are based on information currently available to the Company. The Company do not undertake to update any forward-looking information, except
in accordance with applicable securities laws. The Company believe that the expectations reflected in those forward-looking statements are reasonable but no
assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be unduly
relied upon by investors as actual results may vary. Unless required to be updated pursuant to securities laws, these statements speak only as of the date of this
presentation and are expressly qualified, in their entirety, by this cautionary statement.
National Instrument 43-101
Technical and scientific information contained herein relating to the Projects is derived from National Instrument 43-101 (“NI 43-101”) compliant technical reports
(“Reports”) Mineral Resources Val d’Or East Property dated February 20, 2018. Technical and scientific information not contained within the Report and
contained in this Presentation has been reviewed and approved by Independent Qualified Person Mr. Christian D’ Amour, P. Geo., from GeoPointCom, who is
the independent “qualified person” under NI 43-101. The Technical Report is available for revision on SEDAR at www.SEDAR.com under the Company’s profile.
This Presentation uses the terms “indicated resources” and “inferred resources”. Although these terms are recognized and required by Canadian regulations
(under NI 43-101), the United States Securities and Exchange Commission does not recognize them. Mineral resources which are not mineral reserves do not
have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-
political, marketing, or other relevant issues. There is no guarantee that all or any part of the mineral resource will be converted into mineral reserves. In addition,
“inferred resources” have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an
inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of
feasibility or pre feasibility studies, or economic studies, except for a Preliminary Assessment as defined under NI 43-101. Investors are cautioned not to assume
that part or all of an inferred resource exists, or is economically or legally mineable.
Currency
Unless otherwise indicated, all dollar values herein are in Canadian $.
TSX-V: PRB | OTCQB: PROBF | FRANKFURT: 3PB

3. FOCUSED ON THE UNDER-EXPLORED VAL-D’OR EAST DISTRICT IN QUEBEC
➢ 327 km2 district-scale land consolidation within one of Canada's leading gold mining camps
1.4MOZ OF GOLD RESOURCE WITH SIGNIFICANT EXPLORATION UPSIDE
➢ Open pit-constrained resource1
• 535,900 oz. of gold at 2.16 g/t Au Indicated
• 247,400 oz. of gold at 1.46 g/t Au Inferred
➢ Underground resource1
• 146,500 oz. of gold at 3.44 g/t Au Indicated
• 474,700 oz. of gold at 3.65 g/t Au Inferred
➢ Aggressive ongoing exploration program
• 85,000 metres of drilling planned in 2018 focus on resource expansion and the discovery of gold
deposits
STRONG FUNDAMENTALS
➢ Well-funded, cash position ~$39mm
➢ Goldcorp is a strategic investor
➢ Management with proven track record of delivering shareholder value
Gold Explorer Unlocking Value in Canada
(1) Source: NI 43-101 technical report Mineral Resources Val-d’Or East Gold Project, February 20, 2018
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4. Jamie Sokalsky
Chairman
⚫ Currently, Director of Agnico Eagle Mines, Royal Gold and
Pengrowth Energy
⚫ Former President & CEO of Barrick Gold Corporation (2012-2014)
⚫ Former CFO of Barrick Gold Corporation (1999 to 2012)
Yves Dessureault
Chief Operating Officer
⚫ Former COO of Probe Mines (2014-2015)
⚫ Has over 25 years of experience in Operations, Project Evaluation
& Mine Development
⚫ Former mining executive at BBA, Rio Tinto and Hatch
Management
Patrick Langlois
Vice President, Corporate Development
⚫ Former Vice President of Probe Mines (2012 to 2015)
⚫ Has over 15 years of experience in Corporate Development,
Venture Capital & Investment Banking
Gord McCreary
Director
⚫ Former Director of Probe Mines (2012 to 2015)
⚫ Former CEO of Newcastle Gold
⚫ Former CEO of Baffinland Iron Mines
⚫ Founding officer of Kinross Gold
Basil Haymann
Director
⚫ Former Director of Probe Mines (2013 to 2015)
⚫ Entrepreneur, currently Chairman of FabriTec Structures LLC
⚫ Has 50 plus years of experience founding and taking companies
to top levels of success in their industries
Dennis Peterson
Director
⚫ Former Director of Probe Mines (2001 to 2015)
⚫ Founder of Peterson, and Company LLP
⚫ Has 20 years of experience as a corporate securities lawyer
specializing in corporate finance matters for small cap companies
Directors
David Palmer
President, Chief Executive Officer & Director
⚫ Former President & CEO of Probe Mines (2003 to 2015)
⚫ 2015 – PDAC Bill Dennis Award for a Canadian Mineral Discovery
⚫ 2015 – Northern Miner Mining Person of the Year
⚫ 2014 – Prospector of the Year – Ontario
⚫ 2014 – CIM A.O. Dufresne Exploration Achievement Award
Marco Gagnon
Executive Vice President & Director
⚫ Former President & CEO of Adventure Gold (2007 to 2016)
⚫ Has over 25 years of experience in Project Acquisition, Exploration
and Mine Development
⚫ Former senior geologist with Inmet Mining and Barrick Gold
The Probe Team
Track record of delivering shareholder value
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5. Capital Structure & Financial Information
……………………………….
Probe Metals Inc.
Market capitalization $142.6 million
Shares outstanding (basic) 110.6 million
Shares outstanding (fully diluted) 127.8 million
Cash & Investments ~$39.0 million
52 week trading range $1.74 - $1.03
Recent Price (07/09/18) $1.29
Top Shareholders
Goldcorp (~14%)
Caisse de dépôt
et placement du
Québec
AGF Investments Libra Advisors
Kingsley
Advisors
Windermere
Capital
Van Eck
U.S. Global
Investors
BMO Asset
Management
1832 Asset
Management
Fonds de
solidarité FTQ
SIDEX
Management & Directors (~6%)
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Analyst Coverage
Canaccord Genuity Tom Gallo
Cormark Securities Tyron Breytenbach
Industrial Alliance Securities George Topping
Mackie Research Capital Stuart McDougall
Macquarie Capital Markets Michael Gray

6. Portfolio of High Quality Gold Assets
Canadian focus: Quebec
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Over 1,000 km2 prospective exploration ground

7. Val-d’Or East Project
District-Scale Exploration Opportunity
➢ Good access and
infrastructure:
Proximity to road,
electricity, Val-d’Or,
regional airport, railroad
➢ Quebec: mining
friendly jurisdictions
➢ Four past producing
mines trend on the
project
➢ Strategic land
position
ABITIBI GREENSTONE BELT
VAL-D’OR CAMP ~20 Moz Au PRODUCTION
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PROBE IS NOW ONE OF THE LARGEST LANDHOLDERS IN VAL-D'OR

8. Val-d’Or East Project
Consolidation Strategy
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327 KM2 DISTRICT-SCALE LAND CONSOLIDATION
WITHIN ONE OF CANADA’S LEADING GOLD MINING CAMPS

9. Val-d’Or East Project
Mineral Resource Summary - February 20, 2018
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Deposit /
Category
OPEN PIT-CONSTRAINED UNDERGROUND TOTAL
Tonnes
Grade
(Au g/t)
Gold
(oz.)
Tonnes
Grade
(Au g/t)
Gold
(oz.)
Tonnes
Grade
(Au g/t)
Gold
(oz.)
Indicated 7,710,300 2.16 535,900 1,325,900 3.44 146,500 9,036,200 2.35 682,400
Inferred 5,259,500 1.46 247,400 4,044,400 3.65 474,700 9,303,900 2.41 722,100
1.4M OUNCES OF GOLD RESOURCE WITH EXPLORATION UPSIDE
* Mineral Resources Statement, GeoPointCom
HIGH-GRADE OPEN-PIT WITH SIGNIFICANT UNDERGROUND POTENTIAL

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Val-d’Or East Project
Geological Model
Highway
Deposit
South
Deposit
New Beliveau
Deposit
North
Deposit
Gold mineralized system of 2.5 km in strike length

11. 11TSX-V: PRB | OTCQB: PROBF | FRANKFURT: 3PB
Val-d’Or East Project
Long Section
The deposits have shown significant improvement and remain open in all directions for expansion
2018
Exploration
Target
2018
Exploration
Target

12. Val-d’Or East Project
Focus on Resource Expansion
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HIGH-GRADE OPEN-PIT WITH
SIGNIFICANT UNDERGROUND POTENTIAL
➢ Ongoing drill program confirms the
continuity of gold mineralization and the
expansion potential of the New Beliveau
deposit
➢ Recent discoveries indicate extensive gold
mineralized system, now identified over a
strike length of 2.5 km

13. Val-d’Or East Project
Exploration Targets
13
➢ First property scale geophysical
survey completed on the property,
over 500 line kilometres
➢ Ongoing property-scale IP survey
designed to test for extensions to
the known mineralized system as
well as satellite gold targets
➢ Additional gold exploration targets
identified on the Pascalis Trend
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14. 14TSX-V: PRB | OTCQB: PROBF | FRANKFURT: 3PB
Val-d’Or East Project
Focus for Development: The Open Pits
Resource
Expansion
Potential
Resource
Expansion
Potential
Resource
Expansion
Potential
Resource
Expansion
Potential
1km
Significant gold mineralized system over
2.5 km in strike length, scale potential

15. Val-d’Or East Project
De-risking the project
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ProjectOpex
Project Capex
Low
Capex
& Opex
Good metallurgy / recoveries
Good ground/rock conditions
Proximity to infrastructure
Proximity to labor pool,
contractors, service providers
No metals leaching, no acid
generation
No species at risk
High
Low
Low

16. Advancing Val-d’Or East Project
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Resenor
Highway
North
New Beliveau
Monique
VAL D’OR EAST PROJECT
Surface Map
2018 Exploration Program - $12M Budget
➢ Ongoing 85,000-metre drill program focused
on expanding the current gold resources and
the discovery of new gold deposits within the
regional land holdings.
➢ Engineering studies
▪ Geotechnical, environmental
geochemistry, hydrogeology,
metallurgy
➢ Environmental baseline
➢ Additional regional target generation

17. Gold Explorer Unlocking Value in Canada
1.4MOZ OF GOLD RESOURCE WITH SIGNIFICANT EXPLORATION UPSIDE
DISTRICT-SCALE LAND PACKAGE IN A WORLD CLASS JURISDICTION
AGGRESSIVE EXPLORATION PROGRAM UNDERWAY TO EXPAND THE EXISTING RESOURCES
PROVEN MANAGEMENT TEAM WITH A TRACK RECORD OF EXECUTION
ADVANCING VAL-D’OR EAST PROJECT – UPCOMING MILESTONES
District consolidation
83,000 metres - 2017 drill program Completed
Updated NI 43-101 Resource Estimate Completed
❑ 85,000 metres – 2018 drill program Ongoing
❑ Drill results Ongoing
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18. APPENDIX - Val-d’Or East Project
Detailed Resources February 20, 2018
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Deposit /
Category
Open Pit-Constrained Underground TOTAL
Tonnes
(metric)
Grade
(Au g/t)
Gold
(oz.)
Tonnes
(metric)
Grade
(Au g/t)
Gold
(oz.)
Tonnes
(metric)
Grade
(Au g/t)
Gold
(oz.)
Beliveau Deposit
Indicated 6,284,000 2.29 463,600 1,226,700 3.46 136,400 7,510,700 2.48 600,000
Inferred 3,114,100 1.57 156,700 3,101,600 3.76 374,800 6,215,700 2.66 531,500
North Deposit
Indicated 805,700 1.49 38,700 32,000 2.62 2,700 837,700 1.54 41,400
Inferred 1,516,000 1.39 68,000 304,000 3.16 30,900 1,820,000 1.69 98,900
Highway Deposit
Indicated 620,600 1.68 33,600 67,200 3.43 7,400 687,800 1.85 41,000
Inferred 523,200 1.08 18,100 225,600 3.32 24,100 748,800 1.75 42,200
South Deposit
Indicated -- -- -- -- -- -- -- -- --
Inferred 106,200 1.35 4,600 413,200 3.38 44,900 519,400 2.97 49,500
* Mineral Resources Statement, GeoPointCom

19. APPENDIX - Val-d’Or East Project
Multi-Million Ounce Potential
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• Doubled the gold resources
with 83,000 metres drilled
• Expansion potential,
the deposit is open in all
directions
• Low discovery cost
approx. $10 per ounce
682
770
722
770 682
722
2012 2018 2019
M&I Resources (koz)
Inferred Resources (koz)