Bridging Technology and Exploration In Search of Value

Bridging Technology and Exploration In Search of Value

FORWARD LOOKING STATEMENTS This presentation includes certain forward-looking statements or information. All statements other than statements of historical fact included in this presentation including statements relating to the potential mineralization or geological merits of the Company's mineral properties and the future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include among other things, statements regarding future commodity pricing, estimation of mineral reserves and resources, timing and amounts of estimated exploration expenditures and capital expenditures, costs and timing of the exploration and development of new deposits, success of exploration activities, permitting time lines, future currency exchange rates, requirements for additional capital, government regulation of mining operations, environmental risks, anticipated reclamation expenses, timing and possible outcome of pending litigation, timing and expected completion of property acquisitions or dispositions, and title disputes. They may also include statements with respect to the Company s mineral discoveries, plans, out-look and business strategy. The words may, would, could, should, will, likely, expect, anticipate, intend, estimate, plan, forecast, project and believe or other similar words and phrases are intended to identify forward-looking information. Forward-looking statements are predictions based upon current expectations and involve known and unknown risks and uncertainties. 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. Historical exploration results are not compliant with the standards of National Instrument 43-101 ( NI 43-101 ) unless stated otherwise and should not be relied upon. The scientific and technical information contained herein has been reviewed and approved by John R. Kerr, P.Eng., a Qualified Person within the meaning of NI 43-101. www.eurekaresourcesinc.com EUK : TSX-V 2

WHO IS EUREKA RESOURCES INC. Vancouver-based, initially listed in 1981 on the VSE and now listed and trading on the TSX Venture Exchange: Symbol EUK. Strong Governance with a solid Board of Directors and Advisory Team. Well structured with 23,268,572 common shares issued and outstanding. Management owns over 30%. FG Gold Project*- British Columbia 376,000 ounces gold (measured and indicated at 0.5g/t cut off) and 634,900 ounces of gold (inferred at 0.5g/t cut off) Gemini Lithium Project Lida Valley, Nevada. 50/50 Joint Venture with Nevada Sunrise Gold Corporation. * 43-101 Technical Report July 27, 2015 www.eurekaresourcesinc.com EUK : TSX-V 3

FG GOLD PROJECT- BC Testing this page www.eurekaresourcesinc.com EUK : TSX-V 4

CAUTION REGARDING RESOURCE ESTIMATES The 2015 FG resource estimate is based on a total of 160 diamond drill holes and 242 reverse circulation holes sampling a combined 49,691 metres. The drilling was completed by Eureka, and optionees, from 1983 to 1993 and Hawthorne Gold Group in 2007 and 2008. There has been no drilling since 2008. Three dimensional solids were determined for a high grade zone surrounded by a lower grade envelope and two less densely drilled extensions; one projecting the mineralization to the northwest and the other to the southeast. Individual drill hole assays were tagged, sample statistics were run and erratic high assays were capped for each zone. Uniform 5 metres down hole composites were formed and modeled using pairwise relative semivariograms. Blocks 10 x 10 x 5 metres in dimension were estimated for gold by a combination of ordinary and indicator kriging. The bulk density was established from 128 core samples measured at site. Blocks were classified as measured, indicated or inferred based on grade continuity as established from the semivariograms analysis. The estimates were based on the 2015 price of gold. Due to the uncertainty of Inferred Mineral Resources it cannot be assumed that all, or any part of this resource will be upgraded to an Indicated or Measured Resource as a result of continued exploration. To justify upgrading of the Mineral Resource to a Mineral Reserve, demonstrated economic viability is required. 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. www.eurekaresourcesinc.com EUK : TSX-V 5

FG GOLD PROJECT LOCATION Located approximately 100 kilometres east of Williams Lake within the Cariboo Mining Division. Easily accessible by gravel road. Proximal to several known gold deposits such as Spanish Mountain. www.eurekaresourcesinc.com EUK : TSX-V 6

FG GOLD PROJECT REGIONAL GEOLOGY FG is a stratabound gold deposit that straddles the boundary between two major belts of the Canadian Cordillera; Omineca Tectonic belt to the east; Intermontane belt to the west; Eureka Thrust is the tectonic boundary between the belts; Identified resource located in Mesozoic basal sedimentary sequence. www.eurekaresourcesinc.com EUK : TSX-V 7

FG GOLD PROJECT DEPOSIT FACTS 376,000 Measured and Indicated ounces gold and 634,900 Inferred ounces gold (0.50 g/t cutoff). Located in central British Columbia, 100 km east of Williams Lake in the Cariboo Gold District. Access is provided from provincial highways and logging road infrastructure. 50,000m of historical drilling in approximately 450 drill holes, including 300m underground workings. The current defined resource is contained with 3 km of the10 km strike of anomalous soil geochemistry. 2015 geochemistry and geophysical interpretation have defined specific drill targets in 3km strike length of Northwest projection, with potential of doubling known resource. 43-101 Technical Report July 27, 2015 www.eurekaresourcesinc.com EUK : TSX-V 8

FG GOLD PROJECT DEPOSIT DESCRIPTION Six mineralized zones have been identified over a 10km strike length. Good potential exists to extend the known mineralization with soil and rock sampling and additional drilling 6,000m is recommended. Current drilling permit good to 2017. Known resources located within 3 km of this strike length. Two additional zones indicated by soil geochemistry. www.eurekaresourcesinc.com EUK : TSX-V 9

FG RESOURCE ESTIMATES Zone Zone Class Tonnes > Cut-off 0.5 g/t Au (g/t) Au (grams) Au (ounces) Main Main Measured 5,600,000 0.812 4,500,000 145,000 Main Main Indicated 9,570,000 0.755 7,200,000 231,000 Main Main M+I 15,170,000 0.776 11,700,000 376,000 Main Main Inferred 8,270,000 0.670 5,500,000 177,000 NW NW Inferred 19,180,000 0.740 14,200,000 457,000 SE SE Inferred 43,000 0.632 27,000 900 Total Total Inferred 27,493,000 0.718 19,727,000 634,900 43-101 Technical Report July 27, 2015 www.eurekaresourcesinc.com EUK : TSX-V 10

FG PROJECT GEOPHYSICS A summary report discussing detailed interpretation of airborne EM and Magnetic Surveys (2007) over the entire property is attached to the 2015 Assessment Report. The interpretation was completed by SJ Geophysics of Vancouver in 2015. Results of both EM and Magnetic data is very revealing as it projects the Mineralized Zone both to the northwest and southeast. The northwest projection has provided drill targets over a strike length of 4 km coincidental with the gold geochemistry, completed in 2015. www.eurekaresourcesinc.com EUK : TSX-V 11

MINERALIZED ZONES EM Stacked Profile Map and Known Mineralized Zones www.eurekaresourcesinc.com EUK : TSX-V 12

FG PROJECT EM AND SOIL SURVEY www.eurekaresourcesinc.com EUK : TSX-V 13

FG PROJECT FUTURE POTENTIAL Northwest extension - Infill geochemistry Drilling of selected targets Southeast extension - Follow up geochemistry Confirmation of geophysical signature Drilling of selected targets Additional geophysical interpretation - Interpretation of southern limb of syncline Geological mapping and geochemistry; drill targets Follow up on magnetic anomalies www.eurekaresourcesinc.com EUK : TSX-V 14

THE LITHIUM REVOLUTION Lithium is the lightest of all metals and the least dense solid element. It has a wide range of industrial applications including ceramics, lubricants and glass, but the largest of the global lithium market is its use in the manufacture of lithium-ion batteries. Lithium has the highest energy storage to weight ratio of any mineral. Lithium use in batteries has risen 78% in the last four years alone, with batteries accounting for 30% of lithium demand in 2014! Lithium consumption is projected to increase to approximately 350,000 Lithium Carbonate Equivalent ( LCE ) tons by 2025. Companies such as Tesla have announced the development of large Li-ion battery manufacturing facilities to meet the expected rise in demand for Li-ion batteries. www.eurekaresourcesinc.com EUK : TSX-V 15

THE LITHIUM REVOLUTION It s not just the Automotive Industry that s feeding the global lithium demand. Demand is increasing by way of: large-scale power storage (batteries) from solar and wind farms; Tesla s Powerwall Battery System for household use; the production of lithium-aluminum alloys. Ceramics www.eurekaresourcesinc.com EUK : TSX-V 16

THE LITHIUM REVOLUTION Demand Growth It is generally known to be true that battery use will drive lithium demand in the future. Even using a conservative and proven battery forecast does not alter this point, although some may be surprised to see the growth in some other areas of lithium use, such as glass and ceramics. We would suggest that overall lithium demand will more than double from present levels through 2025. Insufficient Supply Growth What is less well known is the fact that incumbent producers of lithium are limited in their ability to bring additional supply to the market to satisfy growing demand. The market will need junior producers. Information via Stormcrow Capital (June 2, 2015) www.eurekaresourcesinc.com EUK : TSX-V 17

LITHIUM PRICE FORECASTS Lithium Prices Will Rise All the above means it seems likely that lithium prices will continue marching higher. Not continuously, and not excessively, but higher. Lithium has been one of the few commodities to enjoy price appreciation over the last five or six years, and we see no reason for this pattern to stop in the next 10 years, either. Particularly, battery grade lithium carbonate and lithium hydroxide should see strong price increases. www.eurekaresourcesinc.com EUK : TSX-V 18

EXPERIENCED LITHIUM EXPLORATION TEAM Robert (Chip) Allender, Jr., CPG A 38 year career history in exploration and mine development. Previous author of NI 43-101 reports on Neptune and Jackson Wash Properties in 2011. Currently supervising 2016 field programs. Dan Zampirro, CPG Joined Chemetall-Foote Corp in 2000 at the Silver Peak lithium mine, delineating Clayton Valley aquifers, exploration drilling to define the lithium brine reserves and increase brine production. Author of the landmark 2003 paper, Hydrology of Clayton Valley Brine Deposits, Esmerelda County, Nevada. John R. Kerr, P. Eng., Geological Engineer Founding Director of Eureka Resources Inc., and responsible for the identification and discovery the FG Deposit in 1983. Over 40 years of mineral exploration history in Nevada, responsible for identification and discovery of three epithermal, sedex gold deposits. Working knowledge of lithium bearing brine deposits. Douglas A. Leishman, P.Geo, BSc Geology Over 40 years of experience in mineral exploration, mainly North America. Worked for Eureka Resources Inc. from 1985 1989 in Nevada and the FG Project. Senior Mining Analyst for Yorkton Securities from 1990 2000 Director of Geology and Exploration for Endeavour Financial Ltd. From 2000 2005. www.eurekaresourcesinc.com EUK : TSX-V 19

GEMINI AND THE LIDA VALLEY Located approximately 6 miles (10 Km) east of the town of Lida, Nevada Consists of 247 placer claims totalling 4,940 acres (2,000 hectares) Flanks the Gold Point Solar Energy Zone (a BLM land reserve for solar power generation) www.eurekaresourcesinc.com EUK : TSX-V 20

GEMINI GRAVITY SURVEY The detailed Lida Valley gravity survey results indicate strong gravity lows within two, faulted sub-basins approximately 7 kilometres (4.5 miles) apart, each interpreted to be hundreds of metres deep. Nevada Sunrise made the decision to acquire claims covering the available land after reviewing the geophysical results in conjunction with favourable local geology, namely Esmeralda Formation rocks adjacent to Gemini that could, over many millenia, have provided a source of lithium to trapped, saline groundwaters beneath the valley floor. Geophysical exploration is planned to determine the presence of conductive horizons that may host lithium brines, followed by exploratory drilling, if warranted. There are no known drill holes at Gemini. www.eurekaresourcesinc.com EUK : TSX-V 21

LIDA BASIN REPORT 2005 GRAVITY VIEW Late Cenozoic displacement transfer in the eastern Sylvania Mountain fault system and Lida Valley pull-apart basin, southwestern Nevada, based on three-dimensional gravity depth inversion and forward modelsgeosphere, October 2015, v. 11, p.1565-1589, first published on August 5, 2015, www.eurekaresourcesinc.com EUK : TSX-V 22

GEMINI GRAVITY SURVEY The Lida Valley gravity survey results indicate strong gravity lows within two, faulted subbasins approximately 7 km (4.5 miles) apart; Each sub basin interpreted to be hundreds of metres deep; Favourable local geology, namely the Esmeralda Formation rocks adjacent to Gemini that could have provided a source of Lithium www.eurekaresourcesinc.com EUK : TSX-V 23

GEMINI TDEM SURVEY In February 2016 Eureka received the preliminary results from a time-domain electromagnetic survey ( TDEM ) carried out on the Gemini Lithium Project ( Gemini ) in Lida Valley, Nevada. A reconnaissance moving-loop TDEM survey over Gemini West and Gemini East has detected conductive zones within the sub-basins defined by recent gravity surveys. The results gained from the TDEM survey are interpreted to be conductive brines at depth located well below the non-conductive alluvium (sediments) at surface. www.eurekaresourcesinc.com EUK : TSX-V 24

TYPICAL AQUIFER SYSTEM Lithium brines accumulate in gravel and ash layers and can be richer near faults (Zampirro, 2004) HOT MAGMATIC FLUIDS www.eurekaresourcesinc.com EUK : TSX-V 25

SHARE CAPITAL Ownership Breakdown Million Shares (February 2016) Total Issued and Outstanding 23,268,572 Directors and Management 7,400,000 (31.8%) Stock Options 1,400,000 * Warrants 4,950,000 ** Total Shares Fully Diluted 29,618,572 Exercisable at $0.10 * Exercisable at $0.05 - $0.125 ** Additional Information Transfer Agent Legal Counsel Auditors Computershare - Chester Wlodarczyk McMillan LLP - Cory Kent Davidson and Partners - Erez Bahar www.eurekaresourcesinc.com EUK : TSX-V 26

BOARD OF DIRECTORS AND MANAGEMENT Michael Sweatman: CPA,CA, : President & CEO, Director Warren Stanyer: Director John Kerr, P. Eng: Director Kristian Whitehead P. Geo: Director, V-P Exploration Brent Petterson: CPA,CGA, Chief Financial Officer Doug Leishman: P. Geo, FGAC, ARSM, BSc, Advisory Team www.eurekaresourcesinc.com EUK : TSX-V 27

FG PROJECT - PHOTO GALLERY www.eurekaresourcesinc.com EUK : TSX-V 28

Eureka Resources Inc. #1100 1111 Melville St Vancouver BC, V6E 3V6 604.449.2273 info@eurekaresources.com www.eurekaresourcesinc.com www.eurekaresourcesinc.com EUK : TSX-V 29