Corporate Presentation January 2013

1. JANUARY 2013
TSX: QMX

2. Disclaimers
FORWARD-LOOKING INFORMATION:
This presentation contains certain “forward-looking information” under applicable securities laws concerning the business, operations and financial performance and condition of QMX Gold Corporation.
Forward-looking information includes, but is not limited to, statements with respect to estimated production and mine life of the various mineral projects of QMX Gold Corporation; the benefits and the
development potential of the properties of QMX Gold Corporation; the future price of gold; the estimation of mineral reserves and resources; the realization of mineral reserve estimates; the timing and
amount of estimated future production; costs of production; success of exploration activities; and currency exchange rate fluctuations. Forward-looking information may be characterized by words such as
“plan,” “expect,” “project,” “intend,” “believe,” “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information is based
on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected in the forward-looking information. Assumptions upon which such forward-looking information is based on the successful
completion of new development projects, planned expansions or other projects within the timelines anticipated and at anticipated production levels; the accuracy of mineral reserve and resource
estimates, grades, mine life and cash cost estimates; whether mineral resources can be developed; title to mineral properties; financing requirements; and general economic conditions. Many of these
assumptions are based on factors and events that are not within the control of QMX Gold and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially
from results anticipated by such forward-looking information includes changes in market conditions, variations in ore grade or recovery rates, fluctuating metal prices and currency exchange rates, changes
in project parameters, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or processes to operate
as anticipated, the business of the companies not being integrated successfully or such integration proving more difficult, time consuming or costly than expected as well as those risk factors discussed or
referred to in the annual Management’s Discussion and Analysis and Annual Information Form for QMX Gold Corporation filed with the securities regulatory authorities in Canada and available at under the
corporations profile on SEDAR at www.sedar.com. Although QMX Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described
in forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information
will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. QMX Gold undertakes no obligation to update forward-looking information if
circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.
Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking information to the extent they involve estimates of the mineralization that will be
encountered if the property is developed. Comparative market information is as of a date prior to the date of this presentation.
IMPORTANT NOTICE:
This presentation does not constitute an offer to buy or an invitation to sell, any of the securities of QMX Gold Corporation. Such an offer may only be made pursuant to a registration statement and
prospectus filed with the U.S. Securities and Exchange Commission and an offer to purchase and circular filed with Canadian securities regulatory authorities.
CAUTIONARY NOTE TO U.S. INVESTORS CONCERNING ESTIMATES OF MEASURED, INDICATED AND INFERRED RESOURCES:
This presentation uses the terms “Measured, “Indicated” and “Inferred” Resources. U.S. investors are advised that while such terms are recognized and required by Canadian regulations, the Securities and
Exchange Commission does not recognize them. “Inferred Resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be
assumed that all or any part of an inferred resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Resources may not form the basis of feasibility or other economic
studies. U.S. investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.
NATIONAL INSTRUMENT 43-101:
David Rigg, the Chairman of the Company and a Qualified Person under NI 43-101, has supervised the preparation of and approved the scientific and technical information in this presentation. This
presentation contains information relating to a feasibility study that includes Inferred mineral resources which are considered too speculative geologically to have economic considerations applied to them
that would enable them to be categorized as mineral reserves. There is no certainty that the preliminary assessment will be realized.
JANUARY 2013 TSX: QMX 2

3. MANITOBA
Snow Lake Mine
Exploration:
Snow Lake Camp
- Gold
Snow Lake Mining Camp
Rouyn-Noranda & QUEBEC
Val-d’Or Mining Camps
Lac Herbin Mine
Lac Pelletier Project
Winnipeg
Exploration:
Toronto Val d’Or Camp
Corporate Office
- Gold & VMS
Rouyn-Noranda Camp
- Gold & VMS
JANUARY 2013 TSX: QMX 3

4. Snow Lake Mine – Growth
 Recently operated by Kinross/High River Gold from
1995-2005, producing 822,550 ounces gold
 Total historic production of 1.44 M ounces gold
from Main Mine, No. 3 Zone, and Birch deposits
— Mined: 12.1 M tons @ 4.67 g/t Au
 All surface installations in place
— Mine rebuilt in 1995 under TVX-High River JV
— Crushing, milling and mine infrastructure in
excellent condition
 Permitting and environmental licenses maintained
 Existing access to ore zone in Main Mine plus ramp
access to ore zone in #3 Zone
JANUARY 2013 TSX: QMX 4

5. Snow Lake Mine – Feasibility
Feasibility Study of Main Mine & #3 Zone – October 2010
Pre-Production Capital Expenditures $40.8 million
Sustaining Capital Cost $36.1 million
Payback Period 1.7 years
Recoveries 93.3 %
Average Annual Production 83,000 oz.Au
Mine Life 5 years
Cash Cost (LOM) US$ 640/oz.Au
Cash Cost (LOM) CDN$ 81.41/ tonne
Accumulated Cash Flow (Pre Tax) $140.7 million ¹
Reserves / Resources:
Proven and Probable Reserve (4.04 g/t) 451,900 oz.Au
Measured and Indicated Resources (4.14 g/t) ² 728,000 oz.Au
Inferred Resources (4.43 g/t) ² 336,700 oz.Au
¹ Bloomberg average consensus modelled gold price deck of 2011 – $1,277, 2012 – $1,303, 2013 – $1,276, 2014 onwards – $1,051;
¹ Canadian/US foreign exchange at 2011 – 1.04, 2012 at 1.04, 2013 at 1.04 and 1.06 onwards.
² Cut off grade of 1.95 g/t
JANUARY 2013 TSX: QMX 5

6. Snow Lake Mine – Feasibility
 Recent internal review identified potential alternatives to the original
estimates set forth in the Snow Lake Mine Feasibility Study
 Key potential changes include:
 Enlarging the man-camp from a 50-person camp to a 100-person camp
to reflect the potential need to recruit additional workers from outside
the local area
 Operating leases for equipment throughout life of mine vs. purchase
after reaching commercial production
Impact expected to increase cash costs to US$825/oz
(additional US$185/oz of cash costs or US$75mm over life of mine)
JANUARY 2013 TSX: QMX 6

7. Snow Lake Mine
JANUARY 2013 TSX: QMX 7

8. Snow Lake Mine – Schedule
Main Mine Boundary Zone Kim Zone No.3 Zone
1 1
2
2
3
1780L
Snow Lake
Production Begins
4
Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
3 Zone Dewatering + Reconditioning
3 Zone Pre-Production from ramp
1 Commercial Production
3 Zone Production from ramp 2
2,000 TPD in Q7
Shaft & Mine Reconditioning
Main Mine Pre-Production
Main Mine Production 1 2 3 4
JANUARY 2013 TSX: QMX 8

9. Snow Lake Mine - Exploration
Birch Zone No. 3 Zone
Location and
Snow Lake Mine
Geology
Mining Camp
with 16 known
#3 Zone
mineral deposits
Kim Zone
Boundary Zone
East Zone
Caper Zone Snow Lake
Snow Lake Mine
Lalor
Bounter Zone
JANUARY 2013 TSX: QMX 9

10. Snow Lake Mine - Exploration
Upper Main Mine Area
 2011 exploration identified additional extensions to mining areas on the upper mine levels
 Exploration effort increased our confidence in the mineralized structures within the zone and around the mine area
 Additional areas of potential will be delineated when they can be accessed from the underground
JANUARY 2013 TSX: QMX 10

11. Lac Herbin – Production
Lac Herbin Average Cash Cost
LAC HERBIN—Turnaround and Beyond
$3,000.00 Turnaround
$2,500.00 Commences
2011
$2,000.00
 Review of Mineral Resources
$1,500.00 $1,500
 Review of life of mine plan (and reserve) $1,300
$1,000.00
 Increasing mine exploration to bolster current 2012 Cash Cost
$500.00 Guidance
outlook
$-
 Launched turnaround plan in June, intensive Q1 Q2 Q3 Q4 Q1 Q2 Q3
development to give production flexibility
2011 2012
 Recruitment Phase—hiring skilled miners over the
third quarter
 Production of 10,197 oz in 2011, with 3,724 in Q4 Lac Herbin Production
10,000.00
9,000.00
8,000.00
2012 Quarterly
Ounces Recovered
2012 7,000.00 Production Goal
 Mineral Resource update part of year end exercises 6,000.00
5,000.00
 Production guidance 18,500 oz to 20,500 oz 4,000.00
3,000.00
 Cost guidance of $1,300 - $1,500 per oz 2,000.00
1,000.00
 Continue to replace and grow resources 0.00
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2009 2010 2011 2012
JANUARY 2013 TSX: QMX 11

12. Mineral Reserves and Resources
Mineral Reserves
LAC HERBIN(1) SNOW LAKE(2)
(Cut-off 5.0 g/t ) (Cut-off 1.95 g/t )
Tonnes g /t Oz Au Tonnes g /t Oz Au
Proven 43,000 7.45 (3)
10,300 7,000 3.81 900
Probable 96,000 6.45 19,900 3,470,000 4.04 451,000
TOTAL 138,000 6.81 30,200 3,477,000 3.9 451,900
*Mineral reserves are also included in Mineral resource values
(1) 43-101 Technical Report on Mineral Reserve Estimate at the Lac Herbin Mine, April 18, 2011 prepared by Austin Hitchins, B.Sc., P. Geo., Audrey Lapointe, B.Sc., P. Geo.
and Patrick Sévigny, Ing.,
(2) Snow Lake Mine Re-activation Project Technical Report NI 43-101 , December 10. 2010 prepared by Mr. Andre Roy Eng.
JANUARY 2013 TSX: QMX 12

13. Mineral Reserves and Resources
Mineral Resources
LAC HERBIN(1) SNOW LAKE(2)
Tonnes g /t Oz Au Tonnes g/t Oz Au
MEASURED 67,000 9.2 19,900 7,000 4.76 1,000
INDICATED 117,600 7.6 28,800 5,464,000 4.14 727,000
INFERRED 283,500 7.4 67,300 2,367,000 4.43 336,700
*Mineral Reserves are also included in Resource values
(1) 43-101 Technical Report on Mineral Reserve Estimate at the Lac Herbin Mine, April 18, 2011 prepared by Austin Hitchins, B.Sc., P. Geo., Audrey Lapointe, B.Sc., P. Geo. and Patrick
Sévigny, Ing.,
(2) Snow Lake Mine Re-activation Project Technical Report NI 43-101 , December 10. 2010 prepared by Mr. Andre Roy Eng.
JANUARY 2013 TSX: QMX 13

14. Production Profile
100,000 Snow Lake
80-90,000
(est.)
Production
Production OUTLOOK
(oz)
2009
2010
20,000 33,000
23,000
2011 18-20,000 Lac Herbin
7-12,000 (est.)
(est.)
Production
JANUARY 2013 TSX: QMX 14

15. Val D’Or Property
Aurbel Gold Mill Val-d’Or, Quebec
Lac Herbin Mine
 212 sq.km. 100%-
IAMGOLD
owned by QMX Gold
Agnico Eagle Val-d’Or-Malartic Mining Camp (Historic Production)
0.7 Mt Cu, 0.7 Mt Zn, 27.2Moz Au, 50.0 Moz Ag
 100%-owned Lac
Herbin Mine – in
QMX Gold QMX VMS production
Osisko
Agnico Eagle
JANUARY 2013 TSX: QMX 15

16. Current Financing Plans
$17,500,000 Bridge Financing – Closed November 28, 2012
 Fully secured bridge financing provided by Third Eye Capital
 Loan Terms:
 1 year with interest payments starting 7 months from closing at
$250,000 per month
 In consideration of the Bridge Financing, Third Eye will receive 2.9
million warrants at $0.2525, the 10 day VWAP on closing
 First tranche was used to pay out previous bridge of $10.3 million
 Second tranche will be used for general company administration and
expenses
JANUARY 2013 TSX: QMX 16

17. Upcoming Financing Plans
Snow Lake Project Financing – Announced on May 29, 2012
 US $45 million debt facility
 Term of 4.5 years
 Interest rate of LIBOR + 5.5 % before commercial production and
LIBOR + 4.5% after commercial production
 Hedging requirement from 40 to 50% of the 4.5 year production
profile
 Technical due diligence complete
 Other conditions will be negotiated in the course of settling a
definitive agreement
JANUARY 2013 TSX: QMX 17

18. Restructuring Exploration Assets
Sale of Rouyn-Noranda Exploration Properties to Falco Pacific
Resources (previously Druk Capital)
Closed September 24, 2012
 Aggregate gross proceeds of $5 million in cash and
approximately 18% ownership of Falco post-financing
 Exploration on properties to continue without dilution at the
QMX level
 Exploration team to be transferred to Falco
 Exposure to exploration success will be experienced through
equity participation
JANUARY 2013 TSX: QMX 18

19. Capital Structure
Outstanding: Issued 30.8 Million
Warrants 03.7 Million Average Price $6.67
Options 00.8 Million Average Price $4.42
Fully Diluted 35.3 Million
Share Price (as of Jan 2013) C$ 0.32
Market Cap: Basic C$ 10.0 Million
Avg. trading volume (30 day average) 63,000 shares/day
Debt Outstanding Convertible Debt C$4.21 Million Conversion price $8.00
Bridge Loan C$17.5 Million
JANUARY 2013 TSX: QMX 19

20. Comparable Company Analysis
Junior Gold Producers
Market Cap Cash + ST Inv. TEV Mineral Mineral EV / 2012 2013
Company Share Price (1) (2) (3) EV / Reserve
Reserve Resource (4) Resource Production (5) Production (5)
As at December 10, 2012 Local US$ millions US$ millions US$ millions mm oz US$/oz mm oz US$/oz 000’s oz Au 000’s oz Au
Argonaut C$9.67 $1 479 $216 $1 263 1.1 $1 153 12.8 $99 100.6 138.9
Kirkland Lake C$7.90 $567 $129 $563 1.5 $382 4.3 $132 100.3 130.8
Timmins C$3.11 $482 $50 $452 1.3 $340 2.9 $154 98.2 126.0
San Gold C$0.79 $269 $20 $252 0.2 $1 206 4.1 $62 92.3 102.8
Brigus C$0.94 $224 $49 $273 1.9 $147 3.3 $82 76.7 96.4
St Andrew C$0.43 $160 $22 $157 0.7 $221 4.4 $35 96.0 104.0
Richmont US$3.10 $123 $67 $57 0.4 $151 3.8 $15 66.6 68.7
Claude C$0.55 $98 $0 $116 0.4 $326 4.1 $28 48.5 52.0
Wesdome C$0.89 $92 $4 $96 0.4 $273 1.7 $55 58.2 68.9
Metanor C$0.21 $48 $4 $59 0.2 $295 1.6 $37 3.0 29.0
Golden Band C$0.12 $33 $8 $38 0.0 $1 988 0.8 $48 41.9 42.5
Average $325 $52 $302 0.7 $589 4.0 $68 71.1 87.3
Adjusted Average(6) $229 $39 $225 0.7 $483 3.4 $64 75.4 88.0
QMX Gold C$0.24 $7 $6 $23 0.5 $45 1.4 $17 19.0 19.0
(1) Market Cap calculated on a fully-diluted basis including shares from the exercise of in-the-money options and warrants.
(2) Cash and ST Investments includes cash from the exercise of in-the-money options and warrants.
(3) Total Enterprise Value ('TEV') equals market cap less cash plus debt plus minority interest and preferred equity.
(4) Resource includes proven and probable reserves, measured and indicated resources and inferred resources.
(5) Production estimates based on consensus analyst estimates.
(6) Adjusted average excludes high and low figures.
Source: Corporate disclosure, Bloomberg, Capital IQ and Street Research.
JANUARY 2013 TSX: QMX 20

21. Management Team
Directors and Officers
David Rigg, Chairman
Franҫois Perron, Director
Maurice Colson, Director
Robert Bryce, Director
Chantal Lavoie, Director
Senior Management
Franҫois Perron, President and CEO
Deb Battiston, CFO
Gerald Thornton, VP Manitoba Operations
Patrick Sévigny, VP Quebec Operations
Jean Girard, Exploration Manager, Quebec
JANUARY 2013 TSX: QMX 21

22. Contact Information
QMX Gold Corporation
TSX: QMX
Investor Relations
Rob Hopkins (Toronto) Louis Baribeau(Montreal) info@qmxgold.ca
+1 416 861 5899 +1 514 667-2304 www.qmxgold.ca
Find us on
JANUARY 2013 TSX: QMX 22