LOMA LARGA

PROJECT,

ECUADOR

ROBERT C. BELL, CEO

FORWARD LOOKING STATEMENTINV Metals’ financial and operational press releases and presentation are available, together with Management’s Discussion and Analysis (“MD&A”) and supplemental data about the Company’s property portfolio and other information, on the Company’s website at www.invmetals.com. The Company’s audio, visual and written presentations frequently contain forward-looking statements. Wherever possible, words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend” and “schedule” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, have been used to identify these forward-looking statements. Statements about potential discoveries or extensions of mineralization and deposits, including resource and reserve estimates, are examples of forward-looking statements. The forward-looking statements are not statements regarding historical facts.

Although the forward-looking statements reflect the Company’s current beliefs based upon information currently available to the Company and are based on what management believes to be reasonable assumptions, the Company cannot be certain that actual results will be consistent with these forward-looking statements. There is no guarantee that any discovery of commercial mineralization will be made on any of INV Metals properties. A number of factors could cause events and achievements to differ materially from the results expressed or implied in the forward-looking statements. These factors should be considered carefully and prospective investors should not place undue reliance on the forward-looking statements. Forward-looking statements necessarily involve significant known and unknown risks, assumptions and uncertainties that may cause the Company’s actual results, events, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors and risks that cause actions, events or results not to be anticipated, estimated or intended, including those risk factors identified and discussed in the Company’s annual and quarterly MD&A and in the Company’s 2011 Annual Information Form, all of which are available under the Company’s profile on SEDAR at www.sedar.com. The MD&A’s are also available on the Company’s website at www.invmetals.com.

There can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, prospective investors should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date on which such statement is made, and the Company assumes no obligation to update or revise such statements to reflect new information, events or circumstances, unlessotherwise required by law. Robert Bell, P. Geo., the Chief Executive Officer of INV Metals, is a “qualified person” as such term is defined under NI 43-101 and has reviewed and approved the technical information and data included in this presentation, except that relating to the Loma Larga property in Ecuador and the Okohongo deposit in Kaoko, Namibia. The technical information and data in this presentation relating to the Loma Larga property has been reviewed and approved by Wayne Valiant, John Postle and Katya Masun of Roscoe Postle Associates Inc. , each of whom is a “qualified person” as such term is defined in NI 43-101. For further details on the Loma Larga (formerly Quimsacocha) property, see the technical report entitled ”Technical Report on the Quimsacocha Project, Azuay Province, Ecuador” dated July 18, 2012, which is available on SEDAR and the Company’s website. The technical information and data in this presentation relating to the Okohongo deposit was reviewed and approved by John Hancox and Desmond Subramani of Caracle Creek International Consulting (Pty) Ltd., each of whom is a “qualified person” as such term is defined under NI 43-101, as disclosed in the technical report titled “Technical Report on the Okohongo Copper-Silver Property in Northwest Namibia” dated August 3, 2011, which is available on SEDAR and the Company’s website.

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Management� Robert Bell – CEO

• P. Geo. with over 33 years of experience in global mineral exploration

• Previously with Inco (now Vale), worldwide experience

� Candace MacGibbon – President & CFO

• CA and CPA (Illinois) with extensive experience in the mining sector

• Former mining research associate with BMO Capital Markets

• Former institutional salesperson with RBC Capital Markets

Board� James Clucas; Parviz Farsangi; Eric Klein; Robert Pollock; Robert Bell

� Terry MacGibbon – Chairman

• P. Geo. with over 40 years of experience in the mining business

• Founder and former Chairman and CEO of FNX Mining, TSX-listed Canadian mining company that transformed from $5M market cap junior exploration company into a mid-tier diversified base and precious metals producer with over 2,000 employees and market cap of over $3B, merged with Quadra in 2010 and resulting QuadraFNX sold to KGHM International in 2012 for over $3 billion

• Co-founder and Chairman of Torex Gold Resources, Canadian mining company developing Morelos gold project in Mexico

EXPERIENCED LEADERSHIP AND BOARD

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COMPANY HISTORY

� INV Metals was founded in 2005 as International Nickel Ventures and listed on the TSX as INV

� In 2009 completed a transaction with Teck Resources whereby they assumed INV’s share of a nickel deposit in Brazil and INV acquired options on two of Teck’s excellent copper projects in Namibia and Brazil

Namibia� INV discovered Okohongo, a 10 million tonne sediment-hosted

copper-silver deposit� Target – multi-billion tonne sediment-hosted copper deposits� INV holds 35% interest in Kaoko, Teck now operator and is carrying

INV for the next $6.4 million

Carajás, Brazil

� Target – billion tonne copper-gold and iron ore deposits (located in Vale’s backyard)

� INV holds royalty on Rio Novo North property� INV holds 50% interest in southern Rio Novo claims; third party

earning in by spending $6 million over three years

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� November 2012 – INV Metals (INV) acquired 100% of Loma Larga Project from IAMGOLD (IMG)

� Acquisition transformed INV

o from a successful junior exploration company into advanced staged gold development company

o potential to become a gold producer in the shortest time frame possible

� IMG received 45% ownership of INV (no cash)

� INV has “hit the road running”

o acquired IMG’s management and technical, environmental and social teams in Ecuador, including the country manager/geologists who discovered the Loma Larga deposit

TRANSFORMATIONAL ACQUISITION

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TRANSACTION DETAILS

� IMG owns 47% of INV

o INV issued ~221 million shares to IMG (~$22 million)

o Purchased 10,000,000 shares

�Milestone payments:o 50 million INV shares upon signing of mining contracto 25 million INV shares upon achieving commercial

production

�Equity participation rights

�Right to appoint director to INV Board

� INV committed to spend $15 million in exploration expenditures over 18 months

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ECUADOR FISCAL REGIME

Large scale mining requires:

� Negotiation of an exploitation agreement which includes:

o Economic Benefits: government’s cumulative share at 52%

o Advance Royalty

o Windfall tax - government to get 70% of realized gold price above spot price at the time of signing of the exploitation agreement; payable after recovery of CAPEX

New medium scale mining category:

� Up to 1,000 tpd underground or 2,000 tpd open pit

� No negotiation necessary

�Must demonstrate that the economics qualify

� 4% net smelter royalty

� No advance royalty, nor windfall tax or 52% net economic

benefits7

LOMA LARGA PROJECT

Regional Geology

(8,030 ha)

LOMA LARGA

MIRADOR

(ECUACORRIENTE)

FRUTA DEL NORTE

(KINROSS)

ZARUMA

(DYNASTY)

RIO BLANCO

(JUNEFIELD)

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HIGH SULPHIDATION GOLD DEPOSITS

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DEPOSIT LOCATION GOLD (M oz)

Yanacocha Peru >55.0Pierina Peru 7.2El Indio2 Chile 4.5Pascua-Lama Chile-Argentina 17.8Lepanto Philippines 4.0Pueblo Viejo Dominican Republic 29.0Chelopech Bulgaria 3.9Loma Larga Ecuador 3.3

LOMA LARGA MINERAL RESOURCE

Assumptions :� $1,500/oz Au, $26/oz Ag, $3.50/lb Cu� For open pit scenario, reported at a NSR cut-off value of US$22/t (~0.4 g/t Au)� For underground scenario, resources reported at a NSR cut-off value of US$61/t (~1.2 g/t Au)

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NOTE: columns may not sum due to rounding

LOMA LARGA DEPOSIT – PLAN VIEW

� Mineralization - 1,600 m x 400 m x 60 m

� Begins ~ 120 m below surface

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LOMA LARGA DEPOSIT – CROSS SECTIONS

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� Drilling commenced late-March 2013

� Completed first phase program in late July

� 12 holes totaling 3,684 metres

� 7 holes targeted expanding the deposit

� 5 holes infill and for metallurgical testing

EXPLORATION

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LOMA LARGA PHASE ONE DRILLING

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0 200m

N

0.8 g/t Cut-off Resource

LLD-364LLD-367

LLD-368

LLD-365

LLD-366

LLD-369

LLD-370

ANTICIPATED MILESTONES:

� Complete positive Preliminary Economic Assessment

� Qualify to operate as medium sized mine

� Proceed to Bankable Feasibility Study

� Develop and bring Loma Larga into production

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INV CORPORATE STRUCTURE

Treasury (September 5, 2013 unaudited)

Cash $21,000,000Investments 666,000

$21,666,000

Current Corporate Structure (as of September 5, 2013)

Shares Issued and Outstanding 493,735,340Options 37,810,000Restricted Share Units 3,734,567Warrants 11,418,300Fully Diluted 546,698,207

Market Capitalization $17.3 million

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LOMA LARGA SUMMARY

� Advanced stage gold project

� July 2012 NI 43-101 Indicated Resource

o 3.3 million oz Au amenable to open pit or

o 2.7 million oz Au amenable to underground

� Initial focus on high-grade zone

� INV has an experienced management to move the project forward and meet the challenges

� Healthy treasury of over $20 million; with current market sentiment are trading at cash

� Gives great upside potential

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FURTHER INFORMATION

Email: rbell@invmetals.com

Website: www.invmetals.com

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THANK YOU

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