Gold Potential Cranbrook, B.C. Properties August 2016 (TSX-V: PJX)

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1 Gold Potential Cranbrook, B.C. Properties August 2016 (TSX-V: PJX)

2 Disclaimer Some of the information in this presentation has been extracted from the prospectus and NI Technical Report filed on SEDAR ( Investors should base their investment decision on information contained in the prospectus and NI Technical Report only. This presentation may contain certain forward looking information relating to expected future events and financial and operating results of the Company that involve risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Due to the potential impact of various factors, including the volatility of metal prices, new information regarding recoverable reserves or resources, market competition, changes in environmental and other regulations, political changes, and other factors, the Company disclaims any intention or obligation to update or revise any forward-looking information, where as a result of new information, future events or otherwise, unless required by applicable law. Geological information has been reviewed by John Keating, P.Geo. (a qualified person for the purpose of National Instrument Standards of Disclosure for Mineral Projects). Mr. Keating is the President, CEO and a Director of PJX. THIS IS NOT AN OFFER OR SOLICITATION FOR THE PLACEMENT OF SECURITIES.

3 Gold Potential of PJX Properties Background Historic Mining Area Placer gold first discovered in 1864 Source of placer gold in the creeks has never been discovered Excellent Infrastructure - roads, power, rail Mining friendly communities with experienced work force Why haven t the source deposits of placer gold been discovered? Fractionated land package prevented concerted exploration PJX has consolidated the land and ownership Russian and Australian success in discovering large Sediment Hosted Vein gold deposits provides new exploration models and techniques that support the gold potential on PJX Properties

4 WORLDWIDE DISTRIBUTION OF SEDIMENT HOSTED VEIN DEPOSITS (SHV) 1 Muruntau 80M oz, 5 Sukhoi Log 20M oz, 6 Nezhdaninskoe 16M oz, 10 - Victorian Goldfields/Bendigo - +20M (Source: Mineral Resources Services Inc. MRS) Cranbrook Area Properties

5 Cranbrook Area Properties fit Sediment Hosted Vein Deposit (SHV) criteria Worldwide SHV Deposits Dewdney Trail Property Host sandstone is mid to early Proterozoic age Host Sandstone was deposited along continental margin Alteration assemblage includes sericite, quartz, pyrite, Fecarbonate Pyrite was introduced to the system and occurs as euhedral cubes of varying sizes Gold is the only systematically enriched metal Spatially associated with placer gold rivers Several showings of the same type in close proximity Granitic rocks are spatially associated Age of mineralization is likely Mesozoic and associated with several pulses of Mesozoic and Tertiary folding and thrusting

6 Cranbrook Area Placer claims define watersheds with gold potential

7 Cranbrook Area PJX Resources Claims cover the majority of the watersheds with gold potential

8 VISIBLE GOLD (CENTRE OF PHOTOGRAPH) IN HEMATITE FILLED VEIN CUTTING QUARTZITE HOST ROCK ON THE DEWDNEY TRAIL PROPERTY

9 Sediment Hosted Vein (SHV) Deposits Examples of Host Rocks with Gold (Mineral Resources Services Inc.) Examples of Dewdney Trail Property Gold Bearing Rocks Showing Similarities to SHV Deposits

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11 Axial Plane Lewis Creek Gold Target Dewdney Trail Property Two conceptual cross-sections showing different interpretations of folding in relation to the Lewis Creek and Tackle Creek Targets (Cross Sections Looking North prepared by Mineral Resources Services Inc.) Upper Section Broad Anticline Fold with west dipping axial plane Lewis Creek Gold Target Tackle Creek Gold Target Lower Section Thrust controlled folding with west dipping thrust and axial planes. Gold deposits are often associated with folding Thrust Fault

12 Dewdney Trail Target Areas Gold occurs with quartz veins and stockwork zones in quartzite and argillite units Over 13 km of strike length of favourable gold bearing units on property 3 target areas identified to date with gold deposit potential Lewis Area - over 2.5 km gold in soil trend (open to north west) Tackle Area 2 km X 2 km gold in soil zone M1 Area Anomalous gold values in rock grab samples as high as 15 g/t, in quartzite (unit is over 250 m true width)

13 (Source: Mineral Resources Services Inc.)

14 Monotonous Shale-Siltstone (>5km) Dewdney Trail Property Folding in Sediments Dewdney Trail Property

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16 Zinger Property

17 Zinger Property Geology with Gold in Rock grab samples 8 kilometre long gold in rock trend in sediments Gold tends to occur along regional fold flexures where sediment units change from a steep dip to flat and then steep again

18 Cross Section of Gold Zone on West Limb of Fold (Based on PJX s 2012 drill hole ZG12-02 and historical holes Z and 16 by Chapleau Resources Inc. in 2003) (0.50 g/t gold over 22.0 metres) (0.48 g/t gold over 17.5 metres)

19 Zinger Property ZG12-02 (0.5 g/t gold over 22.5 m) Two strong gold in soil anomalies West anomaly appears on same structural trend as Drill Hole ZG12-02 East anomaly has 3 gold in soil values greater than 1000 ppb (over 1 g/t) West Grid East Grid

20 Zinger Property West Soil Grid Gold Anomaly Gold in soils range up to 743 ppb (0.743 g/t) Median value of 70.0 ppb gold for the west grid is much higher than the median value of 9.2 ppb gold in soils elsewhere on the property Anomaly occurs in an area where northeast striking folds are intersected by northwest striking extensional faults Anomaly extends off of the grid Anomaly has not been trenched or drilled

21 Zinger Property East Soil Grid Gold Anomaly Three soil samples have over 1000 ppb (1.0 g/t) gold Highest gold in soil value 4941 ppb (4.941 g/t) Anomaly occurs at the intersection of a northeast striking thrust fault and northwest striking extension fault Anomaly extends off the grid Anomaly has not been trenched or drilled

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23 Belt-Purcell Mineral Deposit Potential Regional underlying Structural Zones appear to influence location of large deposits and mining camps Sullivan Mine and Kimberly Gold Trend, occur above the regional Kanasewich Structural Zone Vine, Dewdney Trail, Zinger, Eddy and West Basin Properties also occur above the Kanasewich Structural Zone Butte, Black Butte, and Blackbird Mines occur above the regional Great Falls Tectonic Zone Coeur d Alene, Spar Lake Mining Camps occur proximal to Lewis and Clark Structural Zone

24 Directors and Officers Biographies John Keating, PGeo Chief Executive Officer, President and Director Mr. Keating has over 30 years of experience in the mining and exploration industry. He conducted early and advanced stage exploration with Noranda and was a global commodity analyst for gold, silver, and base metals with the Federal Government of Canada. During the last 10 years, Mr. Keating was President and Chief Executive Officer for Black Bull Resources and Golden Chalice Resources. Mr. Keating holds a BSc(Geology) from Concordia University, Montreal, Quebec. Linda Brennan Chief Financial Officer, Corporate Secretary and Director Ms. Brennan has been a consultant for 12 years providing strategic advice and organizing and structuring financings to numerous early stage companies in the junior resource sector. She brings knowledge of finance, accounting and public markets to PJX. She has also served in the capacity of corporate secretary for several TSXV listed companies. Ms. Brennan holds Business Administration and Bachelor of Commerce degrees from the University of Victoria and Royal Roads University, respectively. James Clare Director Mr. Clare is a member of the Canadian Bar Association and a Partner with Bennett Jones LLP. Mr. Clare practices in the areas of corporate and securities law, with an emphasis on corporate finance and mergers and acquisitions. Mr. Clare s practice is focused on the mining and oil and gas sectors. His transactional experience includes domestic and cross-border public and private corporate finance transactions, representing issuers and agents as well as merger and acquisitions transactions. He also advises public issuers on general corporate and securities law matters including stock exchange listings, continuous disclosure obligations and other regulatory compliance issues. Mr. Clare holds Bachelor of Laws and Bachelor of Arts degrees from the University of Western Ontario and Acadia University, respectively.

25 Directors and Officers Biographies Kent Pearson, PGeo Director Mr. Pearson is a geologist with over 20 years experience in the mining and capital markets sectors. His background in mining includes both exploration and production. His capital markets experience includes equity and debt research and investment banking as a vice president. He is currently president of Locarno Advisory Inc. a boutique advisory firm specializing in corporate mergers and acquisitions, strategic advisory, asset review and asset disposition. Mr. Pearson holds a BSc (Geology) from the University of Alberta. In addition, he has earned a MBA from Queen s University, Kingston, Ontario. Somerset Parker - Director Mr. Parker is currently the Vice President, Marketing Division of Geovic Mining Corporation. Mr. Parker previously held a senior management role at Jaguar Nickel Inc. As Director of Marketing and Sales for Falconbridge Limited, Mr. Parker negotiated and managed contracts and sales for Falconbridge products in Latin America, Asia, Europe and Canada during his 14 years with the company, beginning in Mr. Parker has developed an extensive network of investor contacts and mining analysts, on a worldwide basis, including relationships with major banks and securities houses. Mr. Parker holds a Bachelor of Science, University of Chile. Joseph Del Campo Director Mr. Del Campo holds a Certified Management Accountant designation. Mr. Del Campo worked for the Falconbridge group of companies in financial positions, including Controller and Treasurer of Falconbridge Dominicana and Falconbridge Gold Corporation, a gold mining company with operating mines in Africa and Canada. Over the past 13 years, Mr. Del Campo has been a director and vice president of finance and chief executive officer at a number of junior exploration companies listed on the TSX and TSXV and is the former CFO of First Nickel Inc.

26 PJX Capital Structure Listed on TSX Venture Exchange (PJX.V) Share Structure Current as of August 2016 Shares Issued: 60,374,230 Warrants: 20,547,529 Options: 4,867,000

27 Investment Highlights and Next Steps PJX is focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold, silver and base metals (zinc, lead, copper). Experienced Management Team and Board with over 140 years of cumulative experience in the exploration and mining industry. Previously fractionated land packages prevented concerted exploration PJX has consolidated the land and ownership. Source deposits of placer gold mined in the creeks have never been discovered. New exploration models and geological mapping support the potential for Sediment Hosted Vein (SHV) Gold Deposits. SHV deposits can be some of the largest gold deposits in the world, such as Sukhoi Log (+20 million ounces gold) in Russia. Multiple Target areas with gold potential have already been identified on PJX s Dewdney Trail and Zinger Properties. Properties are road accessible and close to power, rail, and mining friendly communities of Cranbrook and Kimberley, British Columbia, Canada. Next steps include refining existing gold targets for trenching and drilling.

28 For Additional Information Contact: PJX Resources Inc King Street West Toronto Ontario M5X 1C Attention: Linda Brennan or visit our web site at: