CORPORATE PRESENTATION

MARCH 2017 - PDAC

GOLD EXPLORATION IN QUEBEC

TSX.V: KTR

KINTAVAR2

FORWARD-LOOKING STATEMENTOur presentation contains “forward-looking statements” not based on historical facts. Forward-looking statements express, as of the date of this presentation, our estimates, forecasts, projections, expectations and opinions as to future events or results. The forward looking statements that are contained in this presentation are based on various assumptions and estimates by the Corporation and involve a number of risks and uncertainties. As a consequence, actual results may differ materially from results forecast or suggested in these forward-looking statements and readers should not place undue reliance on forward-looking statements. We caution you that such forward-looking statements involve known and unknown risks and uncertainties, as discussed in the Corporation’s filings with Canadian Securities Administrators. Various factors may prevent or delay our plans, including but not limited to, contractor availability and performance, weather, access, mineral prices, success and failure of the exploration and development carried out at various stages of the program, and general business, economic, competitive, political and social conditions. The Corporation expressly disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

KINTAVAR3

Alain Cayer, P.Geo, M.Sc, Vice President Exploration

• VP Exploration of Géomega Resources• Project geologist with Virginia Mines, Eleonore Project• Holds a M.Sc. in geology (mineral resources) from UQAM

Ingrid Martin, CPA, CA, CFO

• Currently the CFO of Géomega Resources, Midland Exploration and Hinterland Resources. Director and CFO of Sphinx Resources.

• Previously CFO of Melkior Resources, Strateco Resources, Stakeholder Gold and Maudore Minerals.

• Holds a B.Sc. in accounting from HEC.

Michel Gauthier, P.Geo, OIQ, Ph.D, Technical advisor

• Director of Sphinx Resources and advisor to Midland Exploration and Fonds de Solidarité de la FTQ and SOQUEM

• Over 35 years experience in mineral exploration. Recently retired as a professor at UQAM (Montreal)

• Holds a Ph.D in geological engineering from École Polytechnique de Montreal

Kiril Mugerman, President & CEO

• President/CEO of Géomega Resources• Previously exploration geologist with Gold Fields Ltd. and mining analyst with

Industrial Alliance Securities• Holds a B.Sc. from McGill University in Earth & Planetary Sciences

David Charles, CFA, M.Sc.• Director of Odyssey Resources and President of Kilganor Inc.• 28 years experience including managing director and head of mining

research at Dundee Capital Markets and partner & senior mining analyst metals and mining with GMP Securities

• Holds a M.Sc (Applied) in Mineral Exploration from McGill University

Mark Billings, CFA• Chairman and CEO of Canamex Resources Corp.• Previously Sr. VP Corp. Dev. and CFO with Argex Titanium Inc. and VP

Corporate Finance with Desjardins Securities Inc. • Holds a B.A. (Highest Honours) in Political Science from Carleton University

and MBA from Harvard Business School

Maxime Lemieux, LLC• Member of the National Capital Markets and M&A group at McMillan LLP • Practice focused on securities, corporate finance and M&A in the mining and

technologies sectors• Extensive experience as director and member of audit committee of public

companies

MANAGEMENT BOARD OF DIRECTORS

Experienced exploration team with more than 15 years experience in the research and

development of rare and precious metals deposits.

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TRANSACTION OVERVIEW

Pre-consolidation (BSC PreShare)Black Springs Capital Corp. (BSG.H)Shares – 6,150,000Options – 400,000

Post-consolidation (BSC PostShare)Shares – 3,075,000Options – 200,000

Name changeKintavar Exploration Inc. (KTR.V)

Transaction Black Springs – GéoMégA – Géomines

Pricing $0.14 per BSC PostShare

GéoMégA Gold Portfolio: $2,500,000 – 17,857,143 BSC Post Shares

Géomines Gold Portfolio : $1,500,000 – 10,714,286 BSC Post Shares

Finder’s fee : 190,476 BSC PostShares x3 – 571,428 BSC PostShares

Share structure pre financing

BSC: 3,250,000 PostShares – 9.5%

GéoMégA: 17,857,143 BSC Post Shares – 55.4%

Géomines: 10,714,286 BSC Post Shares – 33.3%

Finders: 571,428 BSC PostShares – 1.8%

Total: 32,392,857

Share distribution by GéoMégA (largest shareholder)

Expected distribution of ~10 GMA shares to 1 BSC Post Share

Shares retained by GéoMégA: ~10,029,679

Shares distributed to shareholders: ~7,827,464

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CONCURENT FINANCINGS

Bridge Financing (proceeds – transaction costs)Pricing - $0.0525 per BSC PreShare ($0.105 per BSC PostShare)Shares - 2,100,000 BSC PreShares (1,050,000 BSC PostShares)Total - $112,500

December 2016 PP in Géomines (proceeds – exploration and working capital)Flow Through Pricing - $0.18 per BSC PostShareShares - 4,452,000 BSC PostSharesTotal - $801,360

Unit Pricing - $0.14 per BSC PostShare + ½ warrant @ $0.18 per BSC PostShare (2 yrs)Shares - 2,002,500 BSC PostSharesTotal - $280,350

March 2017 PP in Kintavar (proceeds – exploration and working capital)Flow Through Pricing - $0.18 per BSC PostShareShares - up to 3,881,333 BSC PostSharesTotal - up to $698,640

Unit Pricing - $0.14 per BSC PostShare + ½ warrant @ $0.18 per BSC PostShare (2 yrs)Shares - up to 8,711,786 BSC PostSharesTotal - up to $1,219,650

Completed

Completed

Ongoing

Post Financings (expected if full amounts closed)Total Shares – up to 52,315,476Funds raised – $1,500,000 Hard Dollars and $1,500,000 Flow-Through Dollars

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EXPECTED SHAREHOLDERS STRUCTURE

3 types of shares at transaction closing

Free trading shares: 15,120,339 33.2%

Escrowed shares*: 24,030,590 52.8%

4 month hold shares: 6,396,825 14.0%

*Includes Management & directors - approximately 1%Based on a closing of $860,000 in March 2017 for a total of 45.5M shares

Expected Capital structure

Shares Outstanding: 45 to 52M

Warrants: Up to 5.4M (2yr, $0.18)

Options: 200,000

Fully Diluted: Up to ~ 57,000,000

Market Capitalization: 6 - 7 million

Cash: 2 - 3 million

BSC Insiders, 1.4%

GéoMégA, 19.8%

GéoMégA Shareholders,

19.4%

Private (Géomines

management), 12.1%

Private Investors (Géomines), 25.6%

BSC Shareholders, 7.6%

QC Institutions, 10.4%

Private investors (PP+FF), 3.7%

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EXPLORATION PORTFOLIO OVERVIEW

PROPERTY CLAIMS AREA (ha) METAL NSRA

BIT

IBI P

RO

JEC

TS Anik 123 6,885 Au

Rivière à l’aigle (RAL) 161 9,026 Au

McDonald 162 8,978 Au

Other 83 4,614 Au

GR

ENV

ILLE WHN 152 8,823 Polymetallic

Boisvert 148 8,611 Polymetallic 1% and 2% NSR (Osisko)

- Anik project, Chapais-Chibougamau region, Joe Mann mine areaA gold discovery in a very active area. Replacement type mineralization in the sediments and orogenic type in shear zones.

- Boisvert / WHN project, Mont-Laurier – Parent regionGold and base metal showings discovery. Several mineralized showings suggesting of IOCG and porphyry system type mineralizations.

- Rivière-à-l’aigle (RAL), Lebel-sur-Quévillon region, Windfall project areaVery strong till anomalies in a strongly underexplored area.

- Five (5) gold projects in reconnaissance stages based on lithological and geochemical anomalies

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ABITIBI PROJECTS

Gaspard

Rivière à l’aigle

Anik

McDonald

3G

Maryse

Osisko(Windfall)

Joe-Mann Mine

Oujébougoumou

Chibougamau

waswanipi

Chapais

IAMGOLD/Tomagold(Monster Lake)

IAMGOLD/Vanstar(Nelligan)

113

113

167

SOQUEM

Lebel-sur-Quévillon

Gouin Reservoir

Bachelor Mine

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ANIK PROJECT

-

Iron ore formation

Diabase

Amphibolites, basalt

Schists, metasediments

Tonalite

Lithologies

Ppb Au (HMC) - Till0 - 99

100 - 499

500 - 999

1000 - 2500

--

Till A

Till B

Nelliganarea

Bobby/Kovi

SOQUEM

VANSTAR

NORTHERN SUPERIOR

Philibert1,393 Mt @ 5,93 g/t Au

Nelligan ProjectJV IAMGOLD

Lac Meston1,2 Mt @ 6,25 g/t Au

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ANIK PROJECT - BOBBY / KOVI AREAWinter 2017 – Proposed drilling• BOBBY – 2,000 m to test mineralization at depth, to the east

and the contact with the sediments.

• KOVI – 1,500 m to test the extensions of the gold corridor at depth, to the east and to the west.

1m @ 0.72 g/t Au

1m @ 1.06 g/t Au

3m @ 1.47 g/t Au

1m @ 1.27 g/t Au

1m @ 1.93 g/t Au

7.96m @ 1.28 g/t AuIncl. 1.54m @ 3.06 g/t Au

AK-15-18

56.5m @ 0.41 g/t AuIncl. 15m @ 1.0 g/t Au

AK-15-19B

AK-15-22

2m @ 1.60 g/t Au

1m @ 4.30 g/t Au

1m @ 2.73 g/t Au

1m @ 2.06 g/t Au

1m @ 2.83 g/t Au

1m @ 4.67 g/t Au 3m @ 1.05 g/t Au

3m @ 1.24 g/t Au

1m @ 19.45 g/t Au (VG)

1m @ 1.14 g/t Au

AK-15-20

AK-15-21 AK-14-5

AK-14-2

AK-14-1

AK-15-17B

AK-15-16

AK-14-4

AK-14-3

AK-14-6

1.23 g/t Au

1.98 g/t Au

7.23 g/t Au

2.28 g/t Au1.05 g/t Au

31.8 g/t Au

3.03 g/t Au

1.13 g/t Au

1.6 g/t Au

0.73 g/t Au

7.34 g/t Au

2.82 g/t Au

6.1 g/t Au1.4 g/t Au 2.84 g/t Au

1.85 g/t Au

Intersection7.8m @ 1.4 g/t Au

3.22 g/t Au

7.14 g/t Au

9.39 g/t Au

1.65 g/t Au

2.0 g/t Au

20.2 g/t Au

KOVI

BOBBY

Intersection5m @ 0.95 g/t AuIncl. Intersection 3m @ 1.42 g/t Au

Intersection1m @ 1.2 g/t Au

Intersection1m @ 0.86 g/t Au

xx

x

x

xxxx x

xxx

xx

x

xx

x

xx

• 10m wide gold zone hosted within a sedimentary unit• Sericite, ankerite and fuchsite alterations• Pyrite and pyrrhotite (<10%) and arsenopyrite (<3%)• 50m SE of ANK-15-16 (1m @ 19.45 g/t +VG in the sedimentary unit in the

beginning of the drill hole)

BOBBY (5 DH, 650 m):

• 15m @ 1.0 g/t Au (ANK-14-6) • 7.96m @ 1.28 g/t Au (ANK-15-21)• 7.8m @ 1.4 g/t Au (channels, summer 2015)• 11 samples (15-40 cm channels) 1.65 to 9.39 g/t Au• 19.3 g/t Au grab sample

Discovered in 201422 drill holes for a total 4,800m (winter 2014-2015). 11 drill holes intersected the mineralization identified in the showings.

KOVI (surface discovery 2015, 0 m drilled):

• 5m @ 0.95 g/t Au (channel)• 4 samples (15-35 cm channels) 1.8 to 7.23 g/t Au• 31.8 g/t and 5 samples between 1.05 and 2.28 g/t Au (grab samples)

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Iron ore formation Schists, metasediments

Diabase Tonalite

Amphibolites, basalt Amphibolite, wacke

ANIK PROJECT – NELLIGAN AREA

LithologiesPpb Au (HMC) - Till

0 - 99

100 - 499

500 - 999

1000 - 2500

Lac d’Eu nord 2.06 g/t Au

Tour de feu 2.1 g/t Au

STR-91-0312.9 g/t Au,22.1 g/t Au

Liam2.09 g/t Au /

28.06m(NE13-08)

North zone 4.43 g/t Au / 10.34m et

1.30 g/t Au / 27.28m

(NE16-37)

5.35 g/t Au / 6.0m

(NE13-03)

Lac D’Eu3.52 g/t Au / 10.1m (95-1)

Dan6.0 g/t Au /

10.0m(NE14-25)

Mila 1.03 g/t Au / 4.5m

(NE13-01)

Target B

Target A

Priority #2

Zones minéralisées

Nelligan: Iamgold / Vanstar JV

2017 proposed program• Target A – 1,500 m drilling

(winter) to test IP anomalies

• Target B – 30 km IP and soilsampling study (spring2017)

• Target A & B – Surface follow up on geochemicaland geophysical anomalies (summer 2017)

Located 1,500m East of Nelligan project(JV IAMGOLD/Vanstar)

Hosting lithologies and structural trends extend to the Anik property

December 2016: 21 km IP studycompleted in Target A

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RIVIÈRE-à-l’AIGLE PROJECT

Rouleau

Windfall

Summer 2016 - 95 tills collected (hand and backhoesampling)

• 25 tills between 50 and 166 Au grains

• 27 tills between 30 and 49 Au grains

• 4 trains are currently defined

• 2 new areas identified

2017 proposed program• Heliborne magnetic and

electromagnetic survey• IP and surface magnetic survey up-ice

end of the 4 Au trains and follow up on anomalies

• Detailed surface work on 2016 identified 2 new areas

• Drilling program

OSISKO

NORTHERN SUPERIOR

Amber

Ppb Au (HMC) - Till

0 – 9

10 – 29

30 – 49

50 - 99

100 - 250

Located in the extensions of large deformation corridorswith certain associated to gold deposits: Monster Lake,Chevrier and Murgor (NE) and Barry, Lac Windfall andBarry/Suart (SW)

A particular geological context that was littleinvestigated.

Very strong till anomalies in historical work:

• Between 30 and 200 gold grains in 30 tills

• Between 10 and 29 gold grains in 80 tills

NORTH AMERICAN EXPLO. INC.

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Boisvert & WHN

Val d’or

Copper One

Parent

Atikamekw Manawan community

Ferme neuve

Poste la Véranderie

Mont Laurier

GRENVILLE PROJECTS

Maniwaki community

Sigma Lamaque mine

Gouin Reservoir

Baskatong Reservoir

Lac des iles mine

117

117

KINTAVAR14

• Located in the NW portion of the central metasedimentary belt of the Grenville geological province

• Late mineralizing system (985 Ma) which has been subject to little or no deformation events

• Cu-Ag-Au ± W, Mo mineralization

• Alternations and mineralization identified has IOCG type characteristics

• Multiple geochemical surveys (lithological, soils, tills) and geophysical surveys (Magnetic/EM, gravity, radiometric) completed in the past but little follow up completed to date

• Only one drilling program was completed to date – 1971, Watson showing (15 DH, 386 m) with bottom of holes mineralized

• Osisko Mining has a 2% and 1% NSR over 39 and 21 claims in the Boisvert area respectively.

2.87% Cu, 11.7 g/t Ag, 0.26 g/t Auand 1.05% Cu over 4.0mand 2.79% Cu over 1.6m

Lac Nasigon NE

Lac Nasigon

Lac HyspanaLac aux Huards

Watson

Lac Edge

Lac Lesueur

Ransom

De la Tour Boisvert

Melançon

4.4% Cu, 96.3 g/t Ag and 0.3 g/t Au

0.50% Cu, 6.7 g/t Ag and 0.08 g/t Au

3.37% Cu, 0.57 g/t Au and 16.2 g/t Agand 2.43% Cu and 21.7 g/t Ag

0.59% Cu;0.05% Mo

6.5 g/t Au

4.27 % Cu, 5.10 g/t Au and 11.5 g/t Ag

0.53% Cu and 16.6 g/t Ag over 8.2m (DDH)

2017 Proposed program• Heliborne magnetic and electromagnetic

survey (WHN)• IP and soil sampling surveys over the Nasigon,

Hyspana, de la Tour and Forget 2 targets (showing discovered in December 2016)

• Surface follow-up and backhoe trenching over geophysical and geochemical anomalies from spring 2017 and from historical gravity, IP and soil sampling programs.

• Initial drilling program focusing on the main showings and anomalies (end of fall 2017 and winter 2018).

Source: Corriveau and Morin 2000

BOISVERT AREA

WHN AREA

Lithologies

Forget 2

0.77% Cu, 1.14 g/t Ag

0.43% Cu, 0.11% Ni

1.04% Cu

BOISVERT & WHN PROJECTS

Quartz monzonite Monzogranitic orthogneiss

Gabbro Tonalite, diorite

Paragneiss Paragneiss feldspathique

CONTACT US

Kiril Mugerman, President & CEOkmugerman@kintavar.com

Alain Cayer, VP Explorationacayer@kintavar.com

Exploration Kintavar Inc.75 Boul. de MortagneBoucherville, QC J4B 6Y4Canada

+1 450 641 5119

www.kintavar.com