AUXICO RESOURCES CANADA INC.

July 2017

The following presentation contains data provided to Auxico Resources Canada Inc.. As such, AuxicoResources Canada Inc. has taken all reasonable care in reproducing the information herein. Materialin this presentation may contain technical or other inaccuracies, omissions, or typographical errors,for which Auxico Resources Canada Inc. assumes no responsibility. Auxico Resources Canada Inc.does not warrant or make any representations regarding the use, validity, accuracy, completeness orreliability of any claims, statements or information in this presentation. Under no circumstances,including, but not limited to, negligence, shall Auxico Resources Canada Inc. be liable for any direct,indirect, special, incidental, consequential, or other damages, including but not limited to, loss ofprograms, loss of data, loss of use of computer of other systems, or loss of profits, whether or notadvised of the possibility of damage, arising from the use, or inability to use, the material in thispresentation. The information presented herein is not a substitute for independent professional advicebefore making investment decisions.

Forward-Looking Statements

This presentation may contain forward-looking statements, including but not limited to commentsregarding predictions and projections. Forward-looking statements address future events andconditions and therefore involve inherent risks and uncertainties. Actual results may differ materiallyfrom those currently anticipated in such statements.

DISCLAIMER

AUXICO BACKGROUND

• The Company holds 15 historical mines / prospects in Zamora, Mexico

• Auxico filed a non-offering prospectus in May 2017 to take the Company public

• Private placements completed for CDN $2.5 million with high net-worth investors (common shares issued at $0.25 per share)

• Company is presently seeking funds to begin a rehabilitation/bulk sampling program and resource verification at the Los Olotes and Campanillas Mines

• Equity financing: issuance of common shares at $0.25 per share

• Auxico presently has 31,210,000 shares outstanding.

LOCATION OF THE MINES

RECENT WORK - 2017

NEW SAMPLES TAKEN AT CAMPANILLAS IN A 225M LONG DRIFT

Intensely altered, brecciated, and mineralizedwith iron and silver sulphides. These samples were taken in a newly accessed part of Campanillas along a 225m long drift. The quartz vein system, predominantly in a NE bearing structure measures at least 7-8m wide and it is crosscut by numerous NS quartz veins. The intersection of this NE and NS structure appears to be the cause of this wide zone, which doesn’t include the unknown width of the mineralized breccia host rock

Chico Pico429 g/t Ag

New QV Discovery

RECENT WORK –2017 AT CHICO PICO

Trinican MineTrinican QV/Breccia

Rosa Maria Historic Site (plant)Rosa Maria Adit

Zamora Mine/La Camichina Headframe

Juntas Mine?

Los Olotes MineLos Obatel MineLa India Mine

Aguamas Mine

Periguete Mine

Jarillas Mine

Nazareno Mine

Chico Pico

Campanillas MineLa Franca Mine

El Triunfo Mine

Scale

1 km

N

Proposed Site of Auxico’s 200 tpd Plant

X ROSA MARIA Mine (mined in the 1800’s)

X ZAMORA MINESLa Camichina & Los Olotes Mines

X TRINICAN Mine

X Zamora/Los Olotes Vein

X Zamora/Los Olotes Vein

NEW DISCOVERIES

2017

The Campanillas MinesIs located ~ 7 km to the north

THE ZAMORA PROPERTY

• The Zamora Property is an historical producer of silver and gold; there has been no exploration on the Property in the past

• In 2014, Auxico conducted a sampling program on 5 of the 16 historic mines/prospects• The best sample yielded over 14 kg of silver and 20 g of gold per tonne!

• The hanging walls contain large mineralized stockwork/breccia systems that had never been tested or mined in the past

• Infrastructure at Zamora is excellent:• Close to city of Culiacan (85 km away), close to major highway• Historic infrastructure can be used

GRADE VERIFICATION• La Franca: up to 1.72 kg/t Silver, 12.96 g/t Gold (sampled by the author of the 43-101

Technical Report)

• Campanillas: up to 14.6 kg/t Silver, 15.53 g/t Gold (sampled by the author of the 43-101 Technical Report)

• El Triumfo: up to 286 g/t Silver, 2.54 g/t Gold (sampled by the author of the 43-101 Technical Report)

• Los Olotes: (sampled by the Mexican Government Geologists, underground at the 17m, 23m and 30m levels)

up to 6.6 kg/t Silver, 44 g/t Gold over 0.5mup to 3.15 kg/t Silver, 13.4 g/t Gold over 1.6m

• La Camachina: historical values up to 5.1 kg/t Silver, 23.5 g/t Gold (weighted average on the 17m level of 609 g/t Silver, 3.1 g/t Gold)

• Chico Pico: surface sample yielded 429 g/t Silver, 0.12 g/t Gold (sampled by the author of the 43-101 Technical Report, new discovery of a parallel quartz vein)

• (Note: The La Franca property is not part of the Zamora Property and is not owned by Auxico. These grades are shown for informational purposes only.

USE OF PROCEEDS

• The Company plans to purchase a 200 tpd plant, as well as do engineering, ore verification and gear up for commissioning and bulk sampling at the Los Olotes and Campanillas Mines; and for general working capital purposes.

• The Company intends to purchase and install a mobile gravity & flotation plant (200 tonnes per day)• Capital cost of approximately US$500,000.

• At the same time, the Company will rehabilitate two above mentioned mines

• Actual production (200 tpd) can begin as early as Q1 2018.• Additional funds will be used to explore along a 12 km

structural anomaly on the property.

At the cornerstone of NI 43-101 are the following four fundamental principles:

1.all scientific and technical disclosure (including reserve and resource information) concerning a mineral project on a property material to the reporting company must be prepared by or under the supervision of a qualified person or "QP";

2.all disclosure of the quantity and/or grade of a mineral deposit must be reported only within the prescribed five categories of "mineral reserves" and "mineral resources" (proven reserves, probable reserves, measured resources, indicated resources and inferred resources) and as set out in NI 43-101;

3.a technical report (sometimes required to be prepared by an independent QP), prepared as set out in Form 43-101F1, in certain circumstances must be filed to support scientific or technical mineral disclosure in respect of a mineral project on a property material to the issuer; and

4.other scientific and technical mineral disclosure is restricted.

FUNDAMENTALPRINCIPLES OF THE 43-101 TECHNICAL REPORT

BOARD AND MANAGEMENT

• Pierre Gauthier, Chairman & CEO• Mark Billings, President & Director• Robin Conners, Director• Marc Filion, Director• Jun He, Director• Rick Whittaker, Director• Jacques Arsenault, CFO• Joel Scodnick, P.Geo., Qualified Person

SUMMARY

1. Board members have over 100 years of experience in financing, acquisitions, and mine making;

2. Recent work on the property has identified a 12 km long NE-bearing structure that has never been explored in the past but is host to several historic mines as can be seen in slide #8. At the Zamora Mine in the south, the author has discovered what is believed to be an extension of the Zamora vein to approximately 1 km in length and open in all direction; and about 7 km to the north the author has gained access to the northeast adit in the CampanillasMine where all of the samples selected are showing evidence of intense alteration, brecciation, and mineralization. The quartz vein system is at its widest point, around 7-8m, where mining ceased operation in the early 1900’s.

FOR MORE INFORMATION• Further details on Auxico, including NI 43-101-compliant

technical report, financial statements, management biographies, material contracts, etc. can be found on the Company’s website: www.auxicoresources.com.

• Joel Scodnick, P.Geo., is the Qualified Person responsible for the technical dislosure contained in this presentation. Mr. Scodnick is an independent consultant to Auxico.

• For more information, please contact:

Pierre Gauthier Mark Billingspierre@hitlab.com mb@auxicoresources.com+1 514 299 0881 +1 514 296 1641