JANUARY 2018...This presentation contains projections and forward looking information about Royal Road Minerals Ltd (“RoyalRoad”or the “Company”)that involve …

JANUARY 2018

▪ This presentation contains projections and forward looking information about Royal Road Minerals

Ltd (“Royal Road” or the “Company”) that involve various risks and uncertainties regarding future

events. Such forward-looking information can include, without limitation, statements based on

current expectations involving a number of risks and uncertainties and are not guarantees of future

performance of the Company. These risks and uncertainties could cause actual results and the

Company’s plans and objectives to differ materially from those expressed in the forward-looking

information. Actual results and future events could differ materially from those anticipated in such

information. These and all subsequent written and oral forward-looking information are based

on estimates and opinions of management on the dates they are made and expressly qualified in

their entirety by this notice.

▪ The Company assumes no obligation to update forward-looking information should

circumstances or management’s estimates or opinions change. This presentation does not

constitute an offer to sell or a solicitation of an offer to buy any securities of the Company within

the United States or otherwise.

Confidentiality and Forward Looking Statements

www.royalroadminerals.com 2

▪ 400 thousand hectares of highlyprospective under-explored geology insouthern Colombia. Known gold andporphyry copper-gold occurrences

▪ Landmark deal with ECOMUN (bodyestablished by Colombian Govt to overseereintegration of ex-combatants), to helpco-existence and sustainability strategy

▪ Largest joint exploration license holder inNicaragua. Two drill-ready targets and 200thousand hectares of the Golden Triangleto explore

▪ New targets acquired in Peru

3www.royalroadminerals.com

Summary: World-class mineral belts

1. Nariño ProvinceCOLOMBIA

4

Colombia: Nariño Province


▪ Highly prospective, high-grade intrusion-relatedgold and porphyry copper-gold district

▪ Unexplored despite manyknown occurrences due toconflict

▪ Over 450k hectares underapplication 200k hectarescurrently in the process ofconversion to concessioncontracts

▪ Under new law, meaning contractlocations have been approved bylocal mayors and councils

Target Criteria: in Nariño

Intrusion-roof with flat veins (Alaska)



Landmark Deal: ECOMUN

▪ ECOMUN, a commercial body established under presidential decree to assist withthe reintegration of ex FARC combatants

▪ Company provides 1% royalty to each of ECOMUN and community institutions.Prior to commercial production, royalty is transferable to Royal Road for $USD10M per 1%

▪ Company to formalize illegal operations and help establish small-scale communitymining operations


Landmark Deal: ECOMUN

Next for Nariño…

▪ Deliver initial 15 target areas(including 8 mapped porphyryoccurrences) to ManagementCommittee

▪ ECOMUN to recommendaccess and communityrelations strategy


2. RRM-Hemco Strategic AllianceNICARAGUA

10

RRM-HEMCO Strategic Alliance

▪ In March 2017 Royal Roadacquired the NicaraguanExploration assets of Caza GoldInc which include drill-readytargets at Piedra Iman and LosAndes

▪ In September 2017, Royal Roadcombined these assets withHemco’s extensive explorationassets in Nicaragua’s “GoldenTriangle” region under a 50-50Strategic Alliance arrangement

▪ Royal Road are operators of thealliance


Strategic Alliance: Piedra Iman IOCG


▪ Project acquired by Royal Road in March 2017

▪ Cordilleran-type IOCG drilled in early 1970’s byNoranda. Intersected 36.6m @ 1.13%, 14.3m @1.42%, & 14.8m @ 1.65% copper. Selectivelysampled and only occasionally assayed for gold

▪ Royal Road horizontal saw-cut channel samplesreturned encouraging results over 400m strikelength including 25m @ 1.1% copper, 9m @ 1.1%copper and 1.1g/t gold and 5m @ 0.3% copper and2.5g/t gold.

▪ Environmental permits obtained and access trackswere completed including rehabilitating existingstate roads.

▪ Ten hole, 2000m reverse circulation drillingprogram currently underway





▪ Ten hole, 2000m reverse circulation drillingprogram currently underway

▪ Two drill holes completed

▪ Visible IOCG-style copper mineralizationidentified within probable northeast-dipping breccia body


▪ 7km long ring-fracture controlled lithocapwith anomalous copper and gold grades

▪ One drill hole into porphyry copper-goldtarget intersected approximately 130m of“pyrite-shell” which generally occursbetween the lithocap and mineralizedporphyry

▪ Recently obtained full permittingnecessary for reconnaissance drillingprogramme

▪ Soil geochemistry and ground geophysicsplanned before drilling

Strategic Alliance: Los Andes Porphyry


Strategic Alliance: Los Andes Porphyry


Strategic Alliance: Golden Triangle

▪ Hemco’s licenses in the northeast ofNicaragua cover 200,000 hectares of highlyprospective geology in Nicaragua's famous“Golden Triangle”

▪ The “Golden Triangle” has produced over 8million ounces of gold from epithermalvein, skarn and porphyry deposits since1900

▪ The license package contains more than 30identified prospect areas. The Alliance’saim is to identify projects in excess of 2million ounces resource potential

▪ Stage 1 of the “Golden Triangle” program isthe acquisition of airborne magnetic andradiometric data

Nueva America Project


Strategic Alliance: Golden Triangle

▪ HEMCO, Royal Road’s partner,operates the Bonanza Mine withproduction of ~75koz Au/yr

▪ The region is host to low-intermediate sulphidation Au-Agdeposits as well as Cu-Auporphyries and skarns

▪ Two prospects have already beendrilled with one, Matusalen,warranting further follow-up

▪ Additional bulk-tonnage potentialprojects are being advancedthrough to the drill stageincluding the highly prospective ElTurco base metal skarn

Nueva America Project

3. Outliers ProgrammePERU

19

20

kilometers

0 4

New Ventures: Outliers Programme

▪ Balsa Puerto Dome – an Andesitic-Daciticvolcanic dome emplaced east of the Sub-Andean fold-thrust belt

▪ USGS geological mapping recorded strongalteration and the presence of sulphides

Balsa Puerto

Lima

Yanacocha

Pierina

4. About Us

21

Skill-Relevant Management Team

Tim Coughlin – CEO and DirectorPhD (Structural Geology; Argentine Andes), MSc Exploration and Mining Geology, BSc Geology, FAusIMM, MSEG. 27 years of experience, senior positions with major miningcompanies, specialist in Andean and frontier mineral exploration and mining investment in highly prospective but under-prospected environments including Colombia, theCaucasus, the Balkans, and Russia. Credited with the discovery of the award-winning Amulsar (5Moz) gold deposit in Armenia, instrumental in the discovery of the LaRescatada (2Moz) gold deposit in Peru. Co-founder and until 2014 the President & CEO of Lydian International (TSX: LYD).

Iván Devía – VP OperationsInternational Risk management consultant, 15 years of experience in Latin America and the Middle East. Graduate Human Rights and International Humanitarian Law of theUniversity Nueva Granada. Military Officer and Military Science graduate. Vice-president of Oversight-Chatter (risk management software and consulting corporation); 6years with B2 Gold Colombia (TSX:BTO) as Health, Safety and Security Manager. Operations and Security Center Manager with AngloGold-Ashanti Colombia. SecurityConsultant for Britam Defense and Aegis in Iraq. Security Coordinator for KBR-Halliburton Iraq. Operations Center Coordinator BP-Exploration Services Colombia

22

Jenny Arias – VP Responsible Development

www.royalroadminerals.com

Oscar Sepulveda – VP ExplorationMSc Exploration Geology (Rhodes University), BSc Geology, 21 years of wide-ranging experience. Worked for various junior and major mining companies in Colombia, partof the core technical team that reported the first porphyry gold-copper discovery at Titiribi in Colombia's Middle Cauca region. Chief Geologist Greenfields Colombia forAngloGold-Ashanti, part of the discovery team at the La Colosa, Quebradona and Gramalote projects.

MPhil Conservation Leadership (Cambridge), Grad Dip Environmental Management (Dresden), Grad Cert Anthropology and Development Processes (Rome), BSc Biology.Environmental and social specialist, worked with local government, NGOs and indigenous authorities Colombia. Designed and implemented environmental policies at thenational level, lead projects to promote community-based conservation with small farmers and indigenous communities in areas of socio-environmental conflict. Workedfor the United Nations Development Program, coordinating and participating in national initiatives, such as the National Biodiversity Strategy and Action Plan (NBSAP) andthe expansion of the policy proposal to protect traditional knowledge systems.

Experienced Board

BSc Geology. 30 years of experience in exploration and project management in South America principally in Peru, Chile and Argentina. 20 years with Noranda in Canada and South America. Responsible for the reactivation of the El Pachon project in Argentina. Vice President Exploration for Zincore Metals (TSX:ZNC), responsible for the recent discovery of the promising Dolores Cu-Mo porphyry located in Peru.Vern is currently VP Exploration for Arena Minerals Inc (TSXV:AN) and Fiore Gold Ltd (TSXV: F)

Pete Mullens – Chairman

Vernon Arseneault – Director

BSc Geology, FAusIMM; 30 years of extensive mining and exploration industry experience. Successfully developed 4 Canadian listed exploration companies. Credited with the drill hole discovery of Pico Machay in Peru and the acquisition of Navidad (700Moz Ag) and Calcatreu (1Moz Au-Ag) in Argentina and, Westmoreland (50Mlb’s U) in Australia. Strong experience of commercial aspects, ore reserves, financial evaluations, mine planning, JV negotiations, and financing of junior exploration companies. Co-founder Lydian International (TSX:LYD), currently the CEO of AIM and TSXV listed Tethyan Resources

Daniel De Narvaez – Director

BS Mining Engineering, Dip. Negotiating Strategies. Daniel has worked extensively in mining and socio-political aspects of mining in Colombia and throughout the America’s. During the past five years Daniel has been the Executive Director of Exploraciones Oceanicas S de RL de CV, managing the exploration work and permitting of the Don Diego offshore phosphate deposit in the Pacific coast of Mexico’s Baja California peninsula.


BSc (Hons) Economic Geology, BAppSc. Applied Geology, MAUSIMM; 30 years of global exploration, mining operational and project development experience. Served as a geologist with Anglo American Corporation and with AngloGold Ashanti in a number of roles, most recently as a regional exploration manager. Directly involved in the discovery of several world class projects within both greenfield and brownfield areas in the Americas and in Africa. Jon is the founder and President of Exploration Outcomes Ltd., a geological consultancy, and Advisor to the management committee of Jaguar Mining Inc.

Jon Hill – Director

Team success stories


Corporate Structure

Share Structure

Outstanding Shares 134.2M

Warrants ($0.10-0.60) 44.6M

Options ($0.15 & 0.50) 8M

Royal Road Minerals Limited

Ground Floor, 4 Wharf Street

St. Helier, JE2 3NR

Jersey

Channel Islands

For further information please contact –

[email protected]

USA-Canada toll free: +1 800 638 9205

Jersey C.I office: +44 1534 887 166

www.royalroadminerals.com

Documents

JANUARY 2018...This presentation contains projections and forward looking information about Royal Road Minerals Ltd (“RoyalRoad”or the “Company”)that involve …