Equitas Resources Corp. - Corporate Presentation (August12)

FAST TRACK TO GOLD PRODUCTION - AUGUST 12, 2016
Building a New Gold
Producer in Brazil.
TSXV:
FSE: T6UN
USA: EQTRF
EQT

Unless otherwise specified, financial metrics within this presentation represent Canadian currency.
This presentation does not constitute an offering of securities and the information contained herein is subject to the information contained in the Company’s continuous disclosure documents
at www.sedar.com.
Certain disclosures in this presentation, including statements relating to management’s assessment of plans, projects and intentions with respect to current drilling and trenching programs;
building of Carbon in Leach Plant (CIL) by Q3 2016; obtaining all of the necessary permits and licenses; view to grow production to +30,000oz Au per annum year one and to +60,000oz Au per
annum year five; growth of corporate assets through M&A, equity and credit financing; all references to increased gold production; becoming self-sustaining; production to fund future growth;
fast project payback; becoming a mid-tier Gold Producer in Brazil; and references to the commencement of a full Preliminary Economic Assessment (PEA), constitute forward-looking
statements that are subject to numerous risks, uncertainties and other factors relating to Equitas’ operations as a mineral exploration company that may cause future results to differ materially
from those expressed or implied in such forward-looking statements. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as
“expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should”
occur or be achieved. Forward-looking statements are based on the assumptions, opinions and estimates of management as of the date such statements are made, and they are subject to a
number of known and unknown risks and uncertainties which may cause the actual results, performance or achievements of the Company to be materially different from any future results,
performance or achievement expressed or implied by such forward-looking statements. In particular, such risks include fluctuations in commodity prices and currency exchange rates; mineral
resource estimates; operational risks associated with mineral exploration and production; title matters; possible variations in resources, grades, or recovery rates; uncertainty of estimates of
capital and operating costs; changes in project parameters as plans continue to be refined; delays in obtaining government approvals or licenses; failure of equipment or processes to operate as
anticipated; uncertainty surrounding the ability to obtain financing and to market the products; accidents or labour disputes, and other risks and uncertainties disclosed under the heading “Risk
Factors’ in the Company’s most recent Management’s Discussion and Analysis. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law,
Equitas expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
The mineral resource estimate for the Cajueiro Project referred to in this presentation is an estimate and therefore insufficient to allow meaningful application of the technical and economic
parameters to enable an evaluation of technical or economic viability and no assurances can be given that mining of the Cajueiro Project is commercially viable or that the indicated levels of
gold will be produced. The mineral resource estimate was prepared on March 8. 2016 by M. Clairborne Newton, III, PhD, CPG and Donald Hulse, P.E. of Gustavson Associates , the independent
Qualified Person/s as defined by NI 43-101. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practices. Valid
estimates made at a given time may significantly change when new information becomes available. While the Company believes that the resource estimate included in this presentation is well
established, by their nature, resource estimates are imprecise and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable. If such estimates are
inaccurate or are reduced in the future, this could have a material adverse impact on the Company.
The Company advises that it has not based its production decision on a feasibility study of mineral reserves demonstrating economic and technical viability, and as a result there is increased
uncertainty and there are multiple technical and economic risks of failure which are associated with this production decision. These risks, among others, include areas that are analyzed in more
detail in a feasibility study, such as applying economic analysis to resources and reserves, more detailed metallurgy and a number of specialized studies in areas such as mining and recovery
methods, market analysis, and environmental and community impacts.
Forward-Looking Statement
The information and content of a scientific or technical nature contained in this corporate presentation has been prepared by or
under the supervision of Everett Makela,P. Geo., VP Exploration for Equitas Resources Corp., a Qualified Person for the purposes of
National Instrument 43-101.

www.equitasresources.comAugust 2016 3
Building a New Gold Producer
IN
BRAZIL
*Photos may not have come from EQT project/s.

August 2016
The Key Points:
Gold Producer with Near-term “Fast Track” Growth Plan
Our Business Model: Stepped Development - Fast Pay Back – Self sustaining
Strong Potential for Resource Expansion
 Baldo Zone: Alluvial & saprolite variable production. Peak Q1 2016 revenue USD$30-
50k/month. USD/month.
 Awaiting metallurgical test results to confirm our preferred production process (CIL)
 Carbon-in-Leach (CIL) Plant – contingent on drilling results, and completing cyanide
permitting – Start build in 2016 (Completion Q2 2017). Provides funds for future
project growth.
 Current exploration program includes drilling and trenching to increase high grade
oxide resources at Cajueiro
 Further annual exploration funded from in-house cash-flow focused on the oxides.
4www.equitasresources.com
• Rapidly build production and cash-flow while maximizing the value of our “flagship” Cajueiro
Gold Resource.
• Becoming swiftly self sustaining on a cash flow basis.
 Stepped Development – De-risks the overall project development.
 Brazil Cost Compression = Fast project payback, rapidly become self–sustaining.
EQT is a Brazilian gold producer. Our aim is to:
*Mineral resources that are not mineral reserves do not have demonstrated economic viability

www.equitasresources.com 5
The Opportunity
Focused on Becoming a Mid-tier Gold Producer in Brazil:
Existing but variable low cash cost gold production.
Fast track production growth “Ready to Go”: Cajueiro to increase in 2 phases within 12 months –
CIL plant (phases 1+2).
Concentrating on historically prolific and under-developed Juruena gold belt in Central Brazil.
184,410 hectare portfolio with 10+ license areas, 6 prospective gold properties, 4 mining licenses
& significant drilling upside. Our Cajueiro project covers 39,053 hectares of the portfolio.
Flagship Cajuiero Project:
Currently producing on variable basis from small-scale alluvial since June 2015.
Equitas’ Initial NI 43-101 – Indicated 214,000oz Au at 0.771 g/t; and an Inferred 282,000oz Au at
0.804 g/t (of which 78,400oz Au at 1.775 g/t in the oxide saprolite domain).
Strong potential to add significant gold resources from the close to surface mineralized oxide
saprolite zones.
Strategic Positioning - “roll up” strategy to consolidate quality near term production projects:
To be funded via in-house cash flow, supplemented by specific equity or credit financings.
Team Synergies and Depth:
Experienced Brazilian operators.
Strong capital markets and management team.
Recognized joint technical and development team.
August 2016
*Mineral resources that are not mineral reserves
do not have demonstrated economic viability

August 2016 www.equitasresources.com 6
Strategic Partnership
Equitas Resources Corp. Signs Long Term Funding Term Sheet with Cartesian
Royalty Holdings Pte. Ltd. for a US$6.0M Revolving Gold Prepayment Facility
and Equity Finance Package
Key Points for the Financing are:
1. Enough funds to get to self sustaining state (ongoing costs and new investments)
2. Investment equity locked up for 18 months – strong sign of confidence
3. Strong anti-dilution effect – good for investor share of accruing value
4. Ability to draw more than US$5M – via innovative revolving nature – top up capacity
gives stretch capability
5. External stamp of approval – through financial and technical due diligence that gold
resource at Cajueiro is commercial and capable of strong growth in production

Infrastructure & Location
Significant land position,
184,410 hectares of
license area in Central
Brazil.
In or close to the prolific
Juruena Gold Belt.
Cajuiero project is in close
proximity to Alta Floresta
town and its airport, water
& infrastructure.
Project/s located within
favorable landscape.
Local Hydro project
currently in construction.
To provide direct power in
18 months.
Creporizinho
CAJUEIRO PROJECT
NI 43-101
39,053 hectares
Apiacás
Nova Canaã
Colíder Rio do Pombo
• Historic Gold
Production from
district of 7-10Moz
• Majors active include
Anglogold, Votorantim
and Golden Star
• Excellent infrastructure
August 2016

Alta Floresta Mineração
Equitas completed the acquisition of Alta Floresta Gold (AFG) and its Brazilian based
operating subsidiary Alta Floresta Gold Mineração (AFM) in April 2016.
As part of the closing AFG’s 60% interest in AFM was increased to 100%.
AFM is sole holder of the 184,410 ha. exploration portfolio with 6 gold properties
including the Cajueiro Project in the Juruena Belt in Mato Grosso & Para states of
central Brazil.
The area is prospective with 7-10Moz Au of artisanal production from the Juruena
region.
AFM administrative office is in Cuiaba (2 staff), with an operations office in Alta Floresta
(5+ staff), and has 3 directors (2 Portuguese resident).
August 2016

Strategy-what we plan to do
2016
Medium Term
Long Term
 Trenching & diamond drilling at Cajueiro to increase oxide resources.
 Select processing procedures for mining operations in between the Crente and
Baldo licenses at Cajueiro.
 Fast track development: Following Cajueiro oxide drilling results - commence
construction of 2 phase CIL plant (est. up to 12,000oz Au p.a.).
 Grow Cajueiro production organically through cash-flow funded development on
existing licenses. Repeat 2016 production plant build on annual basis. Prove up
further resources at Cajueiro to support this production growth.
 Develop high grade sulphide resources at Colider / Nova Canaa once fully permitted.
 Grow additional high quality assets through M&A – leveraging team’s skill set.
 (3YR) Grow production of Cajueiro to +30,000oz Au per annum.
 (3YR) Increase portfolio of near-term production assets through acquisitions.
 (5 YR) Portfolio production to exceed 60,000oz Au per annum.
 (5 YR) Prove up Cajueiro to +1.5Moz Au target resource. Commence full PEA.
August 2016

www.equitasresources.com
Why Brazil
Economy & Size
Brazil is world’s 6th largest economy at $2.2Tn, and 5th
largest by population at 203M.
Supportive to Foreign Miners
Recognized mining friendly jurisdiction. Strong precedents.
Several major miners have an active presence.
An Established Gold Province:
7th largest gold reserves globally. Brazil produced over
US$6.5 billion of gold in 2012.
Yet a large proportion of the country is under-explored
using modern technology.
Mining Law:
1% royalty rate on gold. Transparent title. Modest tax
rates.
Cost Compression:
The key point – immediate opportunity due to significant
cost compression (see over).
August 2016 10

Brazil Cost Compression
Brazilian Real (BRL)| Operations CAPEX Gold Production | Sold for USD USD Converted to Canadian $’s
Brazil’s economy has been on a downtrend for the
past few years
We are seeing 25-28% operating expense and up
to 40- 50% capital expenditure compression.
Management believes this provides a very rare and
exceptional opportunity to rapidly develop, grow &
acquire additional projects in Brazil.
Gold sales in US$ and OPEX/CAPEX in
BRL = fast payback & high profitability
The Right Time to Develop…
August 2016
5 Year Chart: Brazilian Real Currency vs US Dollar

The Team
Management & Board all with large-company experience
August 2016

Kyler Hardy – Chairman, Director
16 years in the resource sector as an entrepreneur & executive. Experience in operating
remote & logistically complex exploration projects. Successful in building early stage
businesses.
Chris Harris – President & CEO, Director
30 years in energy, commodity trading and mining finance (Ernst & Young, CIBC, Enron UK,
BHP Billiton, GMI Resources UK). Multiple principal investments & director roles.
Dr. Alan Carter – Director
30 years in mineral exploration (Rio Tinto, BHP Billiton, ECI). Founder of Magellan Minerals
(recently acquired by Anfield Gold). Director: Cuprum Resources, Peregrine Diamonds,
and Anfield Gold.
David Hodge – Director
Extensive experience in management and financing of publicly traded companies. Was
involved in raising $250M+ for several resource driven companies. President of Zimtu
Capital Corp.
Management
August 2016

Exploration & Operations
Everett Makela – VP of Exploration
Over 30 years of exploration experience as a geologist. Spent career with INCO/Vale
holding increased roles ranging from grassroots evaluations to near mine resource
definition. Extensive experience with joint ventures and alliances. Retired as Principal
Geologist, Vale North America.
Richard Crew – Mine Manager to Alta Floresta Mineração
20 years of mining experience as operations manager and chief operating officer for
multiple companies & projects worldwide. Excellent knowledge of the international
mining sector and technical developments. Fluent Portuguese.
Elvis Alves – Project Manager to Alta Floresta Mineração
Brazilian geologist focused on mineral exploration and mining with 7 years experience.
Project Manager for Alta Floresta Mineração.
August 2016

Advisory Board
Michael Bennett
30 years experience (23 in South America). VP Exploration of ECI (2009+). 3 gold
discoveries: Brazil – Coringa (1.1Moz), Cajueiro (0.49Moz); and Bolivia – Puquio North
(0.5Moz).
Jon Coates
36 years in exploration, mine geology and development. Former Chief Geoscientist with
BHP Billiton. Until recently the Executive Geoscience Advisor for the Saudi Arabian Mining
Company “Ma’aden”.
August 2016 15

Technical - Cajueiro
August 2016

Cajueiro Resources
Located 95km north of the city of Alta
Floresta in the state of Mato Grosso.
Historic surface gold workings produced
+250,000oz Au. Soil sampling has identified
10 gold anomalies of which 5 have been
partially drill tested.
11,292 metres of diamond drilling produced a
NI 43-101 NI 43-101 – Indicated 214,000oz
Au at 0.771 g/t; and an Inferred 282,000oz Au
at 0.804 g/t (of which 78,400oz Au at 1.775
g/t in the oxide saprolite domain).
NI 43-101 was conducted on the narrow view
sulphide system and did not extensively
include the oxide zones from surface down to
60 meters.
Mineralized areas show potential to identify
higher grade bulk-mineable zones.
50% of anomaly areas still to be drill tested.
Diamond drill rig at the Baldo Zone of the Cajueiro Project
August 2016

Current Exploration Targets
Resources Growth
Highly Prospective Mineralized
Structural Corridor is Targeted
• 650m strike length defined by
surface mapping and sampling.
• 34 grab surface samples avg.
14.67 g/t Au, ranging up to
118.47 g/t Au.
• Two 1 tonne saprolite surface
samples yielded 5.77 g/t Au and
87.20 g/t Au.
• Metallurgical testing of a 100 kg
saprolite surface sample gave a
head grade of 8.9 g/t Au.
• Historic drill hole intersected 1.48
g/t Au over a significant 29.85m
core interval.
August 2016

Current Drilling Program
Focus = defining additional
resource in near-surface saprolite
oxide domain.
Consisting of diamond drilling
and trenching.
Two track-mounted drill rigs (CS-
100010 & CS-1500) commenced
20 HQ diamond drill holes
totaling 1600m planned.
With 700m of trenching.
Targeting identified highly
prospective mineralized
structural corridor.
Completed end-June and
extended by 500m.
Awaiting full assay results back
August 2016

August 2016 www.equitasresources.com 20
High Grade Trenching
Major highlights include:
• Initial assay results identify
eight intersections of 1.16 g/t
Au or greater;
• Two high-grade intervals of
24.26 g/t Au over 2m, and
18.86 g/t Au over 2m;
• A broader separate near-
surface interval of 12m @
1.42 g/t Au;
• The exploration program is
being extended with diamond
drilling, auger drilling and
trenching to further delineate
and expand on the
intersections achieved to
date;
• To date 733 of 757 trench
assays have been received,
and all drill core results are
still outstanding.

Crente
Baldo
Preliminary metallurgy concluded
Baldo surface samples avg. 14.7 g/t
Plant efficiencies as within 2km
Fast-Track Targets
August 2016

Cajueiro Central Blocks
Sample 33194 / 92.1 g/t Au
Sample 33872 / 6.19 g/t Au
Sample 33222 / 41.17 g/t Au
August 2016
Marines Target
Baldo Target
Matrincha Target
Crente Target

Legend
Roch Sample
Mineralized Structure
Current Exploration
Target
Baldo Zone Detail
August 2016
Baldo Zone

OPERATIONS
Low cash cost operations.
High exploration growth.
August 2016

Fast Track Development
Permitting in place – 2 Guia de Utilizacao’s (bulk sampling licenses with standard
environmental permit) were approved & published in Oct 2014 & Jan 2015.
 PHASE 1: ALLUVIUM GOLD PRODUCTION
 PHASE 2: INCREASE RESOURCES AT CAJUEIRO
 PHASE 3: 450TPD CARBON-IN-LEACH PLANT for Baldo & Crente zones
 Near Baldo Zone: Sluice box operation since Q3 2015. Avg. revenue of US$30-50K/m.
 Drilling and Trenching at the Baldo Zone
 Positive results from trenching program, Au grades to 24.26 g/t
 Exploration program extended with diamond & auger drilling (some in
neighbouring Crente area), also more trenching
 Publicly report drill core results once assays back and assessed.
 Baldo Zone 100kg metallurgical test sent to SGS Chile – report March 2015.
 CIL plant design finalized April-May 2015. Highly efficient- the zones are <2km apart.
 Upgrade environmental permit to cyanide process (submission starting June 2016)
 Awaiting results from current surface oxide exploration program to approve build
program.
27www.equitasresources.comAugust 2016

Baldo and Crente Zones
Baldo
Crente
‘Potential’ CIL Plant
Location
August 2016

$0.10 cents/share
Corporate Structure
August 2016
Toronto Stock Exchange Venture (Canada):
EQT
Frankfurt Stock Exchange (Germany):
T6UN
OTC Markets (USA):
EQTRF
Shares O/S 222.2M
Market Cap. $22.22M
Insider Position +65%
*Some numbers are rounded
Chart from January 15 – August 12, 2016
Share Structure Current Price
Ticker Symbols

Equitas Resources Corp.
789 West Pender St., Suite 1450
Vancouver, BC V6C 1H2
T. 1.604.681.1568
F. 1.604.681.8240
Toll-free. 1.877.377.6222
Chris Harris
President and CEO, Director
charris@equitasresources.com
m. +44 7899 66 44 92
Kyler Hardy
Chairman, Director
khardy@equitasresources.com
m. 1.250.877.1394
Sean A. Kingsley
Manager, Corporate Communications
skingsley@equitasresources.com
o. 1.604.681.1568
Contact Information
August 2016
Building a New Gold
Producer in Brazil.

April 2016 www.equitasresources.com 31
Thank You.
TSXV: EQT | FSE: T6UN | USA: EQTRF

Equitas Resources Corp. - Corporate Presentation (August12)

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