- Buchans Resources controls several past-producing VMS deposits in the Buchans mining camp in Newfoundland, including the high-grade historic Buchans mine. - The key deposit is the Lundberg deposit, a large bulk tonnage stockwork deposit located near the historic Lucky Strike and Engine House mines. - In 2018, Buchans Resources conducted an exploration program including 8,000m of drilling and geophysical surveys to update the resource at Lundberg and advance an internal scoping study. The goal is to incorporate recent technical work to further evaluate the potential of the Lundberg deposit.

1. BuchansResources Limited
Buchans VMS Project, Newfoundland - Update
November 2018

2. Forward-Looking Statements
Buchans Resources Limited (“Buchans” or the “Company”) has prepared this presentation for information purposes only. The
information contained herein was prepared by management on a best efforts basis and is believed to be accurate. This
presentation contains or refers to "forward-looking information" within the meaning of applicable Canadian securities legislation.
All statements in this release, other than statements of historical fact, which address activities, events or developments that the
Company believes, expects or anticipates will or may occur in the future are forward-looking information. Wherever possible,
words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "anticipates" or "does not
anticipate", "believes", "intends" and similar expressions or statements that certain actions, events or results "may", "could", "
"would", "might" or "will" be taken, occur or be achieved, have been used to identify forward-looking information. In particular, all
statements in this presentation that address estimated resource quantities, grades and contained metals, possible future
mining, and exploration and development activities are forward looking statements.
Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ
materially from expected results. Shareholders and prospective investors are cautioned not to place undue reliance on forward-
looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties,
both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events
will not occur. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking information
whether as a result of new information, future events or other such factors which affect this information, except as required by
law.
This presentation may contain certain information derived from official government publications, industry sources and third
parties. While we believe inclusion of such information is reasonable, such information has not been independently verified by
us or our advisers, and no representation is given as to its accuracy or completeness.
The TSX Venture Exchange nor any other exchange has reviewed and nor do they accept responsibility for the adequacy or
accuracy of material presented in this document.
BuchansResources

3. Outline
• Company Introduction
• Project Background
• Current Strategy & 2018 Program
• Results
• where we are headed…
BuchansResources
• a new company formed from base metal assets spun out of Minco Plc after Minco taken over
by Dalradian Resources (Aug-2017)
• Not Currently Listed - “… postpone the planned listing of the Company’s shares pending more
favourable market conditions.”
• … continue in good standing as a Reporting Issuer in the Provinces of British Columbia,
Alberta, Nova Scotia, and Newfoundland & Labrador… in compliance with…Securities Acts
and Regulations in Canada…including NI 43-101… public filings available on SEDAR
BuchansResources Limited (formerly Minco Plc)

4. International Presence:
Trans-Atlantic Resource Opportunities
Toronto North Pennine Orefield (Zn-Pb-Ag)
Exploration Irish-Type Zn-Pb
Buchans (Zn-Pb-Cu-Ag-Au)
 PEA & Exploration
 historic mining district
 very high-grade VMS deposits
Woodstock (Mn)
 PEA Plymouth deposit (Mn carbonate)
Xtierra Ag-Zn-Pb (22% - TSXV:XAG)
 PEA Bilbao (skarn)
 Laguna Project (Ag-Tailings)
BuchansResources
Irish Midland Orefield (Zn-Pb-Ag)
 Moate – Exploration Irish-Type Zn-Pb
 Navan – JV Tara Boliden
(adjacent - Boliden’s Tara Mine)

5. Volcanic/epiclastic rocks
Ophiolite
Deposits >200,000 tonnes
(production and/or reserves)
AVALON
ZONE
CENTRAL MOBILE
BELT
St. John’s
• Buchans Resources controls
several undeveloped deposits
(Ord. - Buchans Group & Cambro-Ord.
Victoria Lake Group)
(after Swinden,1991 and Evans & Kean, 2002)
100 km
Buchans VMS Camp BuchansResources
Buchans

6. BUCHANS PROJECT - BACKGROUND BuchansResources
Asarco - 16.2 Mt - 23.4% CBM - 14.5%Zn, 7.6%Pb, 1.3%Cu, 1.37g/t Au, 126g/t Ag (mined 1928-84)
• 2007 - resources left behind - large resource - lower-grade stockwork -
potential for open pit development - Lundberg
• 2008 - Inferred Resource - Lundberg
• 2011 - Positive PEA (Inferred Resource - Lundberg)
• 2013 - expanded & upgraded to Indicated & Inferred resources - Lundberg
• 2017 - RDC metallurgical study (Lundberg + district’s satellite deposits - central mill)

7. Map Area
District Opportunity
Cambro-Ord. Volc.
Millertown
BuchansResources
20 km
Buchans
Buchans Resources Properties
Canadian Zinc Properties
NI 43-101 Compliant Resource
Historic mine
Boomerang Deposits 100% NZC (1% Zn cut-off)
Indicated - 1.36 Mt @ 7.1% Zn, 3.0% Pb, 0.5% Cu, 110.4 g/t Ag, 1.7 g/t Au
Inferred - 0.28 Mt @ 6.7% Zn, 2.9% Pb, 0.4% Cu, 96.5 g/t Ag, 1.3 g/t Au
Domino (Inferred) – 0.41 Mt @ 6.3% Zn, 2.8% Pb, 0.4% Cu, 94 g/t Ag, 0.6 g/t Au
Hurricane (Inferred) – 0.06 Mt @ 13.4% Zn, 7.0% Pb, 1.2% Cu, 159 g/t Ag, 0.9 g/t Au
Lundberg – 100% BRL
Indicated – 23.4 Mt @ 1.41% Zn, 0.60% Pb,
0.35% Cu, 5.31 g/t Ag, 0.07 g/t Au
Inferred – 4.3 Mt @ 1.29% Zn, 0.54% Pb, 0.27%
Cu, 4.47g/t Ag & 0.08 g/t Au ($15US NSR cut-off)
Bobbys Pond (1.1% CuEq) - 100% BRL
Indicated - 1.1 Mt @ 4.6% Zn, 0.4% Pb, 0.9% Cu, 16.6 g/t Ag, 0.2 g/t Au
Inferred- 1.2 Mt @ 3.8% Zn, 0.3% Pb, 1.0% Cu, 11.0 g/t Ag & 0.06 g/t Au
Lemarchant 100% NZC (4% zinc equiv. cut-off)
Indicated - 2.42 Mt @ 6.2% Zn, 1.6% Pb, 0.7% Cu,
64.0 g/t Ag, 1.22 g/t Au
Inferred – 0.56 Mt @ 4.7% Zn, 1.1% Pb, 0.5% Cu,
44.7 g/t Ag, 1.1 g/t Au
Daniels – 100% BRL
Indicated-0.93 Mt @ 5.1% Zn, 2.5% Pb, 0.3% Cu,
101.4 g/t Ag, 0.6 g/t Au
Inferred- 0.33 Mt @ 4.6% Zn, 2.1% Pb, 0.3% Cu,
85.9 g/t Ag, 0.53 g/t Au (2% Zn cut-off)
Long Lake 100% NZC (using a 7.0% zinc equiv. cut-off)
Indicated – 0.41 Mt @ 7.8% Zn, 1.6% Pb, 1.0% Cu, 49 g/t Ag, 0.57 g/t Au
Inferred – 0.08 Mt @ 5.8% Zn, 1.2% Pb, 0.7% Cu, 34 g/t Ag, 0.48 g/t Au
Duck Pond Mine (past prod.)
5.0 Mt @ 4.4% Zn, 2.7% Cu,
53 g/t Ag, 0.6 g/t Au
(Teck, 2007-15)
Buchans (past prod.) 16.2 Mt
14.5% Zn, 7.6% Pb, 1.3% Cu, 1.37 g/t Au & 126 g/t Ag
(Asarco, 1928-1984)
Tulks Hill – 49% BRL:51% Prominex
Indicated-0.43 Mt @ 4.0% Zn, 1.6% Pb, 0.9%
Cu, 35.1 g/t Ag, 1.2 g/t Au (1.1% CuEq)

8. 0
500
1,000
1,500
2,000
2,500
Zn (lbs)
Pb (lbs)
Cu (lbs)
851
361
207
1,179
357
136
2,030
718
342
Millions
- District hosts >2 billion lbs Zn,
>700 million lbs Pb, & >300
million lbs Cu
- Lundberg hosts more than half
district’s Cu & Pb, and almost as
much Zn as all other deposits
combined
* combined Indicated & Inferred resources
Lundberg – District’s
Pivotal deposit
Inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be considered for
estimation of mineral reserves, and there is no certainty that inferred mineral resources will be realized.
BuchansResources
District
Total
VLSG
(all NI 43-101)
Lundberg

9. metallurgy - recoveries
2PEA based on Inferred Mineral Resources, not Mineral Reserves, and do not have demonstrated economic viability. Inferred Mineral Resources are considered too speculative
geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is therefore no certainty that the
conclusions of the PEA will be realized. PEA assumptions: metal prices - ($US) $1.22 Zn/lb, $1.10 Pb/lb, $3.62 Cu/lb, $22.74 Ag/oz; Exchange Rate: $1.012 CAN$:US$.
1Resources that are not mineral reserves do not have demonstrated economic viability. Resource Estimate reported from: Technical Report prepared by Michael Cullen, P.
Geo. & Andrew Hilchey, P.Geo., of Mercator Geological Services Limited. * “cut off” based on operating & processing costs estimated by Tetra Tech (2011 PEA). Feb 2013 - 3yr
trailing average metal prices: $0.95 /lb Zn, $1.00 /lb Pb, $3.68 /lb Cu, $29.00 /oz Ag, $1,493.65 /oz Au.
LUNDBERG RESOURCE BuchansResources
processing - central mill
upgraded resource
open pit – bulk tonnage
Since 2011…

10. Red Indian Lake
deposits (past producers-projected to surface)
sulphide prospects
favourable alteration
5 km
Lundberg (near surface - stockwork)
below Lucky Strike (massive sulphides)
Outline of Buchans Camp rocks after GSC 2016
Buchans camp rocks
BUCHANS
Lundberg Deposit
Asarco mined 16.2 Mt 14.5% Zn, 7.6% Pb, 1.3% Cu, 1.37 g/t Au & 126 g/t Ag (1928-1984)
- 80% historic production from Buchans Resources property -
BuchansResources

11. Schematic block diagram of the MacLean channel, Lucky Strike area, illustrating hydrothermal vents along synvolcanic faults, diatreme activity
associated with subvolcanic plutonic body, ore bearing slumps and debris flows (modified after Kirkham and Thurlow, 1987; and Thurlow, 2001).
stockwork ore
sulphide-rich vein networks
(2-6% Zn-Pb-Cu)
(not mined) transported ore
debris flow deposits
(16-22% Zn-Pb-Cu)
(52% of ore mined)
VMS DEPOSITS (Buchans model) BuchansResources
in situ ore
massive sulphides
(25-28% Zn-Pb-Cu)
(48% of ore mined)

12. Mineralization
LUNDBERG
Bulk Tonnage Resource
BuchansResources

13. Lundberg
H-3356 – 37 m
LUNDBERG
STOCKWORK DEPOSIT
BuchansResources

14. 200 m
Resource Limits - projected to surface
2012 drill hole
Previous surface drill hole
Workings projected to surface
2013 – Indicated & Inferred (US$15 NSR)
Historic underground drill hole
2008 drill hole
Lundberg Zone
14
BuchansResources
Lundberg
Engine House Zone
*Figure excludes holes drilled after 2012

15. Section A (looking Northeast)
0 m
200 m
400 m
NW SE
700 m
2013 Resource Model ($15 US cut off)
$0.95 lb Zn
$1.00 lb Pb
$3.68 lb Cu
$29.00 oz Ag
$1,493.65 oz Au
LUNDBERG
Bulk Tonnage Resource
15 to 25
25 to 50
50 to 75
75 to 100
100 to 150
NSR ($ US)
>150
resource blocks 5 m
includes Indicated & Inferred
(2013 Resource Block Model)
* excludes holes drilled after 2012
BuchansResources
Lundberg
300 m
old workings
Two Level
glory hole
old workings
Lucky Strike

16. SW NE
2013 Resource Model ($15 US cut off)
$0.95 lb Zn
$1.00 lb Pb
$3.68 lb Cu
$29.00 oz Ag
$1,493.65 oz Au
LUNDBERG
Bulk Tonnage Resource
15 to 25
25 to 50
50 to 75
75 to 100
100 to 150
NSR ($ US)
>150
BuchansResources
0 m
200 m
400 m
300 m
400 m
Section B (looking Northwest)
Lundberg
glory hole
old workings - Lucky Strike
resource blocks 5 m
includes Indicated & Inferred
(2013 Resource Block Model)
* excludes holes drilled after 2012

17. NW SE
2013 Resource Model ($15 US cut off)
$0.95 lb Zn
$1.00 lb Pb
$3.68 lb Cu
$29.00 oz Ag
$1,493.65 oz Au
LUNDBERG
Bulk Tonnage Resource
15 to 25
25 to 50
50 to 75
75 to 100
100 to 150
NSR ($ US)
>150
old workings
Lucky Strike
old workings – Engine House
BuchansResources
glory hole
0 m
200 m
400 m
300 m
300 m
Section C (looking Northeast)
Engine House
resource blocks 5 m3
includes Indicated & Inferred
(2013 Resource Block Model)
* excludes holes drilled after 2012

18. SW NE
2013 Resource Model ($15 US cut off)
$0.95 lb Zn
$1.00 lb Pb
$3.68 lb Cu
$29.00 oz Ag
$1,493.65 oz Au
LUNDBERG
Bulk Tonnage Resource
15 to 25
25 to 50
50 to 75
75 to 100
100 to 150
NSR ($ US)
>150
BuchansResources
0 m
200 m
400 m
300 m
300 m
Section D (looking Northwest)
Engine House
resource blocks 5 m3
includes Indicated & Inferred
(2013 Resource Block Model)
* excludes holes drilled after 2012

19. 2018 PROGRAM
• Drilling (~8,000 m)
• Borehole Geophysical Surveys
• SkyTEM AEM surveys (~1,000 line km)
• Lundberg – Updated Resource Estimate (fill in gaps in the 2013 resource)
• Lundberg - Internal Scoping Study...recent technical inputs - since 2011 PEA
STRATEGY
• continue to advance evaluation of Lundberg - incorporating improve results - recent
work completed since 2011 PEA (expanded resource, improved metallurgy, milling options)
• explore for additional nearby resources that could complement Lundberg
BUCHANS PROJECT
LUNDBERG
• substantial base metal inventory – large potentially open
pitable resource
• brownfield site - excellent infrastructure
• potential access - existing mill (65 km road)
Mill
(~2,000 t/d mill)
BuchansResources

20. SkyTEM AEM Surveys
~1,000 ln km in 2 blocks
some areas - 1st AEM since 1980’s
2018 Program
Exploration
BuchansResources
Buchans Resources Properties
NI 43-101 Compliant Resource
Historic mine
Cambro-Ord. Volc.
Millertown
10 km
Buchans
Bobbys Deposit
Daniels Deposit
Lundberg Deposit
Buchans Drilling (5,200 m)
2,200 m - Lundberg - (16 ddh)
3,000 m - “other targets” – (10 ddh)
Tulks North Drilling (2,800 m)
1,100 m - Bobbys - (2 ddh)
1,700 m – Daniels - (3 ddh)
BHEM surveys
Buchans & Tulks North
exploration potential at depth

21. underground workings
projected to surface
100 m
BuchansResources2018 Results – Lundberg Resource Drilling
1.0 m - 21.99% CBM &
1.8 m - 32.22% CBM
0.10 m - 36.53% CBM
4.8 m - 15.48% CBM
23.8 m - 9.11% CBM
incl. 8.0 m - 20.38% CBM
0.5 m - 5.22% CBM
N
2013 Lundberg
Resource Outline
28.0 m - 2.63% CBM
152.0 m - 2.49% CBM
0.8 m - 1.7% CBM
29.0 m - 1.86% CBM
6.0 m - 1.23% CBM
10.0 m - 1.0% CBM
wk. min.
wk. min.
wk. min.
wk. min.
35.7 m - 2.57% CBM
8.9 m - 3.93% CBM &
64.0 m - 1.25% CBM
34.7 m - 4.53% CBM
incl. 23.0 m - 6.18% CBM
4.0 m 19.61% CBM
0.8 m 24.95% CBM
2.7 m 9.87% CBM
2.65 m 4.61% CBM
5.05 m 5.98% CBM
0.94 m 12.04% CBM
2018 drill hole (angle hole)
2007-12 drill hole
historic surface/
underground hole
topographic contours 2 m
2014-15 drill hole …although further work is needed, we believe availability of remnant high-grade
mineralization above Lundberg may ultimately enhance - open pit development...
%CBM- combined Cu+Pb+Zn% - complete assays available on www.buchansresources.com

22. underground workings
projected to surface
100 m
BuchansResources2018 Results – Lundberg Resource Drilling
N
2013 Lundberg
Resource Outline
28.0 m - 2.63% CBM
152.0 m - 2.49% CBM
0.8 m - 1.7% CBM
29.0 m - 1.86% CBM
6.0 m - 1.23% CBM
10.0 m - 1.0% CBM
wk. min.
wk. min.
wk. min.
wk. min.
35.7 m - 2.57% CBM
8.9 m - 3.93% CBM &
64.0 m - 1.25% CBM
34.7 m - 4.53% CBM
incl. 23.0 m - 6.18% CBM
2018 drill hole (angle hole)
2007-12 drill hole
historic surface/
underground hole
topographic contours 2 m
2014-15 drill hole …although further work is needed, we believe availability of remnant high-grade
mineralization above Lundberg may ultimately enhance - open pit development...
%CBM- combined Cu+Pb+Zn% - complete assays available on www.buchansresources.com

23. underground workings
projected to surface
100 m
BuchansResources2018 Results – Lundberg Resource Drilling
1.0 m - 21.99% CBM &
1.8 m - 32.22% CBM
0.10 m - 36.53% CBM
4.8 m - 15.48% CBM
23.8 m - 9.11% CBM
incl. 8.0 m - 20.38% CBM
0.5 m - 5.22% CBM
N
2013 Lundberg
Resource Outline
4.0 m 19.61% CBM
0.8 m 24.95% CBM
2.7 m 9.87% CBM
2.65 m 4.61% CBM
5.05 m 5.98% CBM
0.94 m 12.04% CBM
2018 drill hole (angle hole)
2007-12 drill hole
historic surface/
underground hole
topographic contours 2 m
2014-15 drill hole …although further work is needed, we believe availability of remnant high-grade
mineralization above Lundberg may ultimately enhance - open pit development...
%CBM- combined Cu+Pb+Zn% - complete assays available on www.buchansresources.com

24. 100 m
2013 Lundberg
Resource Outline
Two Level
underground workings
projected to surface
BuchansResources
Lucky Strike Drilling
N
2018 BRL drill hole
2007-15 BRL drill hole
historic surface/
underground hole
topographic contours 2 m
H-18-3500 (-58°)
H-18-3501
H-18-3502
H-18-3503
H-18-3504
H-18-3505
H-18-3506 (-45°)
H-18-3516b (-45°)
H-18-3515 (-84°)
H-18-3520
H-18-3519
H-18-3514
H-18-3521
H-18-3518 (-48°)
H-18-3526
in progress
H-18-3523 - no significant mineralization
horizon faulted out at this location
H-18-3524
1.80 m 9.48% CBM
0.76% Cu, 3.15% Pb, 5.57% Zn, 90.5 g/t Ag & 0.37 g/t Au
incl. 1.00 m 14.83% CBM
1.26% Cu, 4.87% Pb, 8.70% Zn, 133.2 g/t Ag & 0.47 g/t Au
Two Level (proximal-transported)
0.30 Mt - 0.5% Cu, 4.6% Pb, 8.0% Zn,
125 g/t Ag, 1.6 g/t Au (mined)
North Orebody (proximal-transported)
0.55Mt @ 0.5% Cu, 4.5% Pb, 8.2% Zn,
123 g/t Ag, 1.7 g/t Au (mined)

25. 1 km
N
Lucky Strike
others
others
BRL
BRL
BRL
BRL
Sandfill
(transported)
Oriental
Lundberg
Sandfill
Target Area
Clementine
Target Area
Oriental East
Target Area
West Orebodies
Target Area
Lucky Strike North
Target Area
Middle Branch
Target Area
Old Buchans North
Target Area
BuchansResources2018 Drilling
Other Target Areas
“other targets”
2018 drilling
Target Areas
(relogging)
Orebodies (historic/ mined out)
(mined 1928-1984 - 16.2 M tonnes 14.5% Zn, 7.6% Pb, 1.3% Cu, 1.37 g/t Au & 126 g/t Ag
Stringer Mineralization
(projected to surface)
Prospect
(undeveloped,
projected to surface)
Lundberg & Engine House Zone
(projected to surface)
Lundberg Model Open Pit

26. 500 m
breccia-tuffs
conglomerate
(granite cobbles)
Sandfill Prospect – 2018 Drilling BuchansResources
thrust panel - “other rocks”
(above Buchans rocks)
BRL
other
Lundberg (stockwork)
Lucky Strike (in situ & proximal-transported)
5.6 Mt @ 1.6% Cu, 8.6% Pb, 18.4% Zn,
112 g/t Ag, 1.7 g/t Au (mined)
Middle Branch (transported) (hist. intercept)
1.8 m - 0.4% Cu, 3.1% Pb, 4.8% Zn, 48 g/t Ag & 0.7 g/t Au
Oriental (in situ & transported)
3.3 Mt -1.47% Cu, 7.90% Pb, 14.18% Zn,
154.0 g/t Ag & 1.96 g/t Au (mined)
Sandfill (transported) (historic, non-43-101 compliant)
68,000 tonnes – 1.5% Cu, 4.7% Pb, 10.0% Zn, 85.7 g/t Ag & 0.34 g/t Au
Buchans Lake

27. 500 m
barren rocks thrust over
prospective Buchans rocks
Middle Branch (transported)
H-1910 (historic) 1.83 m - 8.3% CBM
(0.4% Cu, 3.1% Pb, 4.8% Zn, 48 g/t Ag, 0.69 g/t Au)
1582
3350
BuchansResources
2018 Sandfill Drilling - Buchans
Thrust Fault
Ski Hill (basalt/ intermediate fragmentals)
Geology
Sandy Lake (prominent qtz rhyolite/ arkose/basalt)
Diabase
Buchans River (rhyolite/ m.sulphs./ basalt/ felsic tuffs
Surface/ underground DDH & historic assays
BRL DDH (2007-15)
2018 BRL drill hole
N
too shallow
too shallow
too shallow
too shallow?
min. debris
min. debris
limits - transported sulphides
(projected to surface)
3.1 m - 2.4% CBM
0.1% Cu, 0.7% Pb, 1.6% Zn, 7 g/t Ag
1.52 m - 4.9% CBM
0.3% Cu, 2.0% Pb, 2.6% Zn, 93 g/t Ag, 1.03 g/t Au
1.22 m - 17.7% CBM
0.2% Cu, 3.9% Pb, 13.7% Zn, 62 g/t Ag, 1.20 g/t Au
3.35 m - 21.7% CBM
2.6% Cu, 6.5% Pb, 12.6% Zn, 87 g/t Ag, 0.34 g/t Au
3.66 m - 11.2% CBM
0.5% Cu, 3.1% Pb, 7.7% Zn
0.46 m - 31.3% CBM
1.4% Cu, 8.6% Pb, 21.3%
Zn, 219 g/t Ag, 2.74 g/t Au
0.24 m - 13.4% CBM (one sample)
1.6% Cu, 1.8% Pb, 10.0% Zn, 26 g/t Ag, 0.38 g/t Au
H-18-3513 - transported sulphides - 7.0 m - 7.4% CBM Upper Zone
incl. 1.0 m - 23.6%CBM - 2.96% Cu, 5.13% Pb, 15.5% Zn, 96 g/t Ag & 0.27 g/t Au
and 3.10 m - 6.4% CBM Lower Zone
incl. 1.0 m - 17.5%CBM - 0.56% Cu, 5.50% Pb, 11.40 % Zn, 153 g/t Ag & 0.70 g/t Au
assays pending
Sandfill (transported)
narrow diam. drilling
300-400 m depth - 25-35 m OB
assays pending

28. 500 m
barren rocks thrust over
prospective Buchans rocks
Middle Branch (transported)
H-1910 (historic) 1.83 m - 8.3% CBM
(0.4% Cu, 3.1% Pb, 4.8% Zn, 48 g/t Ag, 0.69 g/t Au)
1582
3350
BuchansResources
Sandfill - Middle Branch Drilling
Buchans - 2018
Thrust Fault
Ski Hill (basalt/ intermediate fragmentals)
Geology
Sandy Lake (prominent qtz rhyolite/ arkose/basalt)
Diabase
Buchans River (rhyolite/ m.sulphs./ basalt/ felsic tuffs
Surface/ underground DDH & historic assays
BRL DDH (2007-15)
2018 BRL drill hole
N
too shallow
too shallow
3.1 m - 2.4% CBM
0.1% Cu, 0.7% Pb, 1.6% Zn, 7 g/t Ag
1.52 m - 4.9% CBM
0.3% Cu, 2.0% Pb, 2.6% Zn, 93 g/t Ag, 1.03 g/t Au
1.22 m - 17.7% CBM
0.2% Cu, 3.9% Pb, 13.7% Zn, 62 g/t Ag, 1.20 g/t Au
3.35 m - 21.7% CBM
2.6% Cu, 6.5% Pb, 12.6% Zn, 87 g/t Ag, 0.34 g/t Au
3.66 m - 11.2% CBM
0.5% Cu, 3.1% Pb, 7.7% Zn
0.46 m - 31.3% CBM
1.4% Cu, 8.6% Pb, 21.3%
Zn, 219 g/t Ag, 2.74 g/t Au
0.24 m - 13.4% CBM (one sample)
1.6% Cu, 1.8% Pb, 10.0% Zn, 26 g/t Ag, 0.38 g/t Au
H-18-3513 - Sandfill Prospect transported sulphides (assays released October 17, 2018)
Upper Zone 7.0 m - 7.4%CBM - 0.69% Cu, 1.58% Pb, 5.15% Zn, 33.5 g/t Ag, & 0.21 g/t Au
incl. 1.0 m - 23.6%CBM - 2.96% Cu, 5.13% Pb, 15.5% Zn, 96 g/t Ag & 0.27 g/t Au
Lower Zone 3.1 m - 6.4%CBM - 0.22% Cu, 1.99% Pb, 4.19% Zn, 52.04 g/t Ag & 0.25 g/t Au
incl. 1.0 m - 17.5%CBM - 0.56% Cu, 5.50% Pb, 11.40 % Zn, 153 g/t Ag & 0.70 g/t Au
H-18-3522 - Middle Branch transported sulphides
0.30 m - 0.23% CBM - 0.07% Pb, 0.16% Zn, 162.8 g/t Ag & 0.054 g/t Au
Sandfill (transported)
H-18-3525
assays pending

29. Daniels Pond deposit
Bobbys Pond deposit
District Opportunity BuchansResources

30. Tulks North Property (VLSG)
Advanced Exploration Opportunities
Footwall volcanics
Hanging wall volcanics
Massive to semi-massive
sulphides - Daniels – SW Zone
Approximately
5 metres
BuchansResources

31. Bobbys
Exploration Potential At Depth
0 m
100 m
200 m
300 m
400 m
500 m
depth m
Relative NSR Value
High
Low
uncategorized
resource block
model
(5x5 m blocks)
Drilled Pierce Point
Bobbys Deposit
LONGITUDINAL VIEW
(looking northwest)
100 m
100m
BP-18-41 (600 m)
Mass. pyrite over 0.85 m with
visible base metal sulphides
(assays pending)
BP-18-40 (328 m)
10-15% pyrite with base
metal sulphides
over 14.8 m (assays
pending)
* 2018 program to include
surveying of new and select
historic drill holes by BHEM
BuchansResources

32. Excellent depth potential below 300 m
4 m
blue shading &
contours grade (Zn)
x thickness (m)
(contour interval 10 units
& incl. 2008 drill results)
drill hole pierce point
SW Lens NE Lens
100 m
100m
100 m
200 m
300 m
400 m
depth m
DN-52 – 6.1 m
1.2% Zn, 0.2% Pb, 0.2% Cu, 8.4 g/t Ag
500 m
600 m
8 m
12 m
16 m
24 m
4 m 4 m
Massive Pyrite Lobe
Contoured True Thickness (m)
4 m
16 m
proposed hole with Borehole
TDEM search radius (~75 m)
Indicated Resource
Inferred Resource
2008 drill hole - post
2007 resource estimate
(all holes returned low grade
over width, but meet resource
threshold >1% Zn)
500 m
600 m
700 m
Daniels
Exploration Potential At Depth
BuchansResources
DN-18-130 - 3.5 m semi-massive pyritic sulphides
1.5 m - 0.11% Cu, 0.65% Pb, 1.46% Zn, 24.5 g/t Ag & 0.33 g/t Au
incl. 0.5 m - 0.15% Cu, 1.36% Pb, 2.67% Zn 46.6 g/t Ag & 0.23 g/t Au
DN-18-131
8.6 m massive pyrite & 5.70 m semi-
massive pyrite (assays pending)
DN-18-132
~2 m semi-massive pyritic
sulphides (assays pending)

33. Summary
Buchans Project
• substantial metal inventory with excellent potential for discovery of additional
resources
• underpinned by large, potentially open pitable resource - brownfields setting
• excellent infrastructure - potential access to an existing mill
Looking Forward
• exploration results pending
• drilling - Buchans “other targets” + Bobbys & Daniels deposits
• borehole geophysical surveys
• airborne SkyTEM surveys
• pre-development-related results pending
• updated resource - Lundberg (Q4)…appropriately consider higher-grade
Lucky Strike remnants - may enhance open pit development
• internal scoping study - identify optimum scenarios that could be incorporated
into a new PEA
THANK YOU
Special thanks:
Town of Buchans
Department of Natural Resources - Buchans Core Library
Department of Natural Resources - Junior Exploration Assistance
Lucky Strike
BuchansResources
www.buchansresources.com