BUILDING VALUE THROUGH DISCOVERY. Nickel Exploration in Labrador

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BUILDING VALUE THROUGH DISCOVERY Nickel Exploration in Labrador OCT May 2015

Forward Looking Statement Disclaimers and Cautionary Statements. The information contained in this presentation is provided by Equitas Resources Corp. ( Equitas ) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securities of Equitas or other financial products. The information contained herein is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The views, opinions and advice provided in this presentation reflect those of the individual presenters, and are provided for information purposes only. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Equitas nor its directors, officers, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. Except for statements of historical fact, this presentation contains certain forward-looking information within the meaning of applicable securities laws. Forward-looking information is frequently 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 statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forwardlooking statements, including, among others, the accuracy of mineral grades and related assumptions, planned expenditures, proposed exploration and development at it s projects, anticipated commodity prices, the anticipated timing and conclusions of drilling results, as well as those risk factors identified in Equitas Management Discussion & Analysis for the Quarter ended May 31, 2015 and other disclosure documents available at www. sedar.com under Equitas name. Equitas undertakes no obligation to update forward-looking information if circumstances or management s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. This presentation includes industry, market and competitive position data from industry journals and publications, data on websites maintained by private and public entities, including independent industry associations, general publications and other publicly available information. Equitas believes that all of these sources are reliable, but we have not independently verified any of this information and cannot guarantee its accuracy or completeness. Industry publications and surveys generally state that they have obtained information from sources believed to be reliable, but do not guarantee the accuracy and completeness of such information. Further, because certain of these organizations are industry organizations, they may present information in a manner that is more favorable to the industry than would be presented by an independent source. In addition, forecasts are often inaccurate, especially over long periods of time. References in this presentation to research reports or articles should not be construed as depicting the complete findings of the entire referenced report or article. The information in each report or article is not incorporated by reference into this presentation This presentation does not constitute an offer of shares for sale in the United States or to any person that is, or is acting for the account or benefit of, any U.S. person (as defined in Regulation S under the United States Securities Act of 1933, as amended (the Securities Act ) ( U.S. Person ), or in any other jurisdiction in which such an offer would be illegal. Equitas shares have not been and will not be registered under the Securities Act. www.equitasresources.com 1

Investment Highlights Pro-mineral exploration and mining province with already nearby infrastructure. Large, consolidated land package near one of the largest and highest-grade nickel deposits in the world. Equitas is the first company since the Voisey s Bay discovery to own a large scaled land package. Highly under-explored region that with new-age technology offers a high potential for new discoveries. One single drill hole recorded on the entire 23,386 hectares, drill hole verified the suitability of the region to host a Voisey s Bay-style deposit. 10+ year old EM airborne survey went to depths of 70metres, VTEM Plus allowed us to see to 350metres. Phase 1 exploration program completed. Included industry leading VTEM Plus airborne survey. Completed VTEM survey resulted in Equitas identifying nine nickel-copper sulphide targets. Drilling program has been commenced which includes ground geophysics + 4000m drill program. 2 www.equitasresources.com OCT 13, 2015

Garland Property-West along a Trans-Lithospheric Fault of the Gardar-Voisey s Bay system www.equitasresources.com 3 OCT 13, 2015

100% owned by Equitas Nickel Exploration in Labrador, Canada Garland Property Overview Located near one of the most prolific discoveries in Canadian history, the Voisey s Bay nickel mine. Nickel sulphide deposits are known to occur in clusters, such as the Thompson and Sudbury districts. Voisey s Bay stands alone. VTEM technique provides exciting new depth slice of exploration information critical to defining quality drill targets www.equitasresources.com 4 OCT 13, 2015

Nickel Exploration in Labrador, Canada Garland Property www.equitasresources.com 5 OCT 13, 2015

Twelve Targets Identified on the Garland Historic EM airborne survey saw depths of 70metres VTEM Plus allowed us to see up to five times deeper Results were interpreted by a highly-regarded geophysicist closely acquainted with the Voisey s Bay deposit 12 nickel-copper sulphide targets are identified www.equitasresources.com 6 OCT 13, 2015 www.equitasresources.com

The Equitas Team Mr. Kyler Hardy President and Director 15+ years in the resource sector as an entrepreneur and executive. Experienced in operating remote and logistically complex exploration projects and building early stage businesses. Mr. Everett Makela VP of Exploration 30+ years of exploration experience as a geologist, especially base metals. During a career with Inco and Vale, Mr. Makela held roles of increasing responsibility in settings ranging from grassroots evaluations to near-mine resource definition. He retired from Vale as Principal Geologist, North America in 2012. Mr. Alan King Consulting Geophysicist An expert geophysicist with nearly 40 years of exploration experience. Formerly, Chief Geophysicist for Vale Global Exploration. Mr. Neil McCallum Project Manager Senior Geologist for Dahrouge Geological Consulting Ltd. Mr. Dan Lee Consulting Geologist Project Manager for Voisey s Bay exploration, Archean Resources and Vale-Inco 1995-2009. www.equitasresources.com 7 OCT 13, 2015

Mr. Raymond Goldie - Director Ray is a Senior Mining Analyst, Economist and Vice President of Salman Partners Inc. He has extensive experience analyzing major mining companies which included the Voisey s Bay discovery and is a leading industry economist that frequently appears on national television. Mr. Qianjie Wang Independent Director Experienced geologist and Deputy Manager of Overseas Development for Zijin Mining Group. Has been involved in all of Zijin s overseas investments and M&A transactions which include Pretium, Kolwezi, Barrick s Porgera and Ivanhoe s Kamoa. Mr. David Hodge Director Veteran resource executive with over 20 years experience. Has been involved in raising over $150million for resource companies in the last ten years. He is the President of Zimtu Capital and holds executive positions in several resource companies. Mr. Tim Fernback - Director 20+ years of experience in financing and managing public and private junior companies. Previously oversaw a prominent British Columbia venture capital firm specializing in financing and consulting, and later ran the Investment Banking/Corporate Finance Division for the Western Canadian based brokerage firm, Wolverton Securities Ltd. www.equitasresources.com 8 OCT 13, 2015

Corporate Structure Nickel Exploration in Labrador, Canada www.equitasresources.com 9 OCT 13, 2015

Restructured with Share Consolidation August 2014 Acquired Garland Property September 2014 Team Additions: Kyler Hardy as President, Everett Makela as VP Exploration 1st Tranche Financing Completed January 2015 Phase 1 Exploration Program Commences February 2015 VTEM Plus Airborne Survey 2nd Tranche Financing Completed, Former Debt Extinguished February 2015 Team Additions: Alan King as Consulting Geophysicist April 2015 VTEM Completed, Results in Identifying Nine Ni-Cu Targets May 2015 Team Additions: Milestones Raymond Goldie as Director June 2015 Phase 2 Exploration Program in Progress Summer 2015 Ground Exploration & Diamond Drilling Program www.equitasresources.com 10 OCT 13, 2015

Trading Symbols TSX-V: EQT FSE: T6UN OTCMKTS: EQTRF 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 info@equitasresources.com Contact Us Kyler Hardy President and Director khardy@equitasresources.com m. 1.250.877.1394 Sean A. Kingsley Manager, Corporate Communications skingsley@equitasresources.com o. 1.604.681.1568 www.equitasresources.com 11 OCT 13, 2015