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JOVAN-POWERLINE PROJECTPolymetallic gold-cobalt-copper in Sudbury, Ontario, Canada

November 2018

SAFE HARBOUR STATEMENT

The information set forth in this document contains “forward-looking statements”. Statements in this document, which are not purely historical, are forward-looking and include statements regarding beliefs, plans, expectations or intentions regarding the future.

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as “estimate,” “anticipate,”“believe,” “plan”, “intend”, “expect”, “may” or “should” or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with the impact of general economic conditions in countries in which the Company conducts business, the impact of competitive products and pricing, product demand and market acceptance, new product development, the continuation and development of key customer and supplier relationships, and the availability of high quality, qualified personnel and management.

Other risks include but are not limited to factors affecting development and expansion activities generally including access to capital to meet all of the Company’s financial requirements, and the Company’s ability to control costs. There can be no assurance that the company’s efforts will succeed and the Company will ultimately achieve sustained commercial success. These forward looking statements are made as of the date of this document, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this document are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.

This information contained in the document has been prepared by management of the company who takes full responsibility for its contents. This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company in any jurisdiction.

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WHY INVEST IN MACDONALD MINES?

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STRATEGIC LAND POSITION IN UNDER-EXPLORED POLYMETALLIC GOLD-COBALT-COPPER DISTRICT

EXCELLENT MINING JURISDICTION AND CLOSE TO INFRASTRUCTURE

STRONG TECHNICAL TEAM WITH PROVEN TRACK RECORD

CAPITAL STRUCTURE

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BMK: TSX-V

Market capitalization $2.6 M

Common shares outstanding 85.1 M

Warrants 33.3 M

Options 6.0 M

Fully diluted shares 126.2 M

Working Capital $1 M

Recent share price (Nov. 1, 2018) $0.035

52-week high-low $0.135 - $0.035

SUDBURY GOLD DISTRICT

EXCELLENT JURISDICTION IN ONTARIO, CANADA

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• Large land position (5,376 hectares)

• Two past-producing mines in proximity

• Scadding Mine130,630 tonnes @ 7.43g/t gold

• Northstar Mine 57,150 tonnes @ 7.2 g/t gold and 0.9% copper

IRON-OXIDE-COPPER-GOLD (“IOCG” SYSTEM)

• Similarities to the Idaho Cobalt Belt

• Polymetallic assemblages rich in silver, gold, cobalt, copper, nickel and rare earth elements

• Regional distribution of gold, cobalt, copper showings indicate a large polymetallic hydrothermal system

• Historical drilling results near the property indicate that sizeable mineralized zones can be formed

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REGIONAL GOLD SHOWINGS (HISTORIC)

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REGIONAL COBALT SHOWINGS (HISTORIC)

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REGIONAL COPPER SHOWINGS (HISTORIC)

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HIGHLIGHTS OF HISTORIC DIAMOND DRILLING

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Indicate sizeable mineralized zones

JOVAN PROPERTY

Several kilometre-long corridors of structurally-controlled mineralization

Ø Characterized by mineralization similar to Norstar Mine (57,150 tonnes @ 7.2 g/t gold and 0.9% copper)

The reader is cautioned that the mineralization observed in the Norstar Mine may not be representative of the mineralization present on MacDonald’s Jovan Property.

Ø Mineralization hosted in disseminated sulfides and sulfarsenides within quartz, iron carbonate and chlorite

Ø Historic drilling assays of 6.78 g/t gold, 0.77% copper, 0.16% nickel and 0.1% cobalt over 0.3 metre

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3.44 % Co, 24.2 g/t Au, 0.73% CuBrecciated albitite with cobalt sulfarsenides and chalcopyrite

8.69 g/t Au, 3.78% Cu

Brecciated albitite with chalcopyrite

HIGHLIGHTS OF MACDONALD’S GRAB SAMPLE ASSAYS ON JOVAN PROPERTY

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SampleNo RockType Ag

(g/t)Au(g/t)

Co(wt.%)

Cu(wt.%)

Ni(wt.%)

AuEq(g/t)

712001 Brecciatedalbitite 26.1 8.69 0.01 3.78 0.016 15.03

712002 Albitite 3.2 0.855 0.015 0.2 0.005 1.48

712003 Brecciatedalbitite 15.3 4.76 0.064 4.52 0.034 13.25

712004 Brecciatedalbitite

19 24.2 3.44 0.73 0.32 83.8

712005 Albitite 1.22 0.33 0.013 0.17 0.002 0.85

712007 Pyroxenite 1.06 4.78 0.008 0.12 0.06 5.32

712010 Brecciatedalbitite

2.93 0.041 0.029 0.049 3.83

712011 Massivesulfide

1.33 0.012 0.046 0.17 2.19

712023 Brecciatedalbitite

0.023 0.051

*The reader is cautioned that grab samples are selective by nature and do not represent the true metal content of the mineralized zone. The AuEq grade was calculated using metal prices from the London Metal Exchange on August 29th, 2018 – cobalt $64,500 US/tonne, copper $6,118 US/tonne, gold $1,208.3 US/oz, nickel $13,460 US/tonne and silver $14.88 US/oz.

CURRENT EXPLORATION PROGRAM

OBJECTIVE:

• Map and sample the brecciated and mineralized albitites (Na alteration associated with IOCG deposits) to constrain their geometry and determine the possible metal content of the system identified on the Powerline Property;

• Find new zones of polymetallic mineralization on the Jovan Property and beyond;

• Identify the source and the metal content of the discovered iron oxide-rich boulders at the Jovan Property.

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WHY INVEST IN MACDONALD MINES

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Underexplored polymetallic district with similarities to the Idaho Cobalt Belt and IOCG-mineralization

Promising exploration results to date –MacDonald Mines extending the known gold-cobalt-copper +/- nickel, silver showings and prospects on property

Technical team with the expertise to create value and develop the properties of the Sudbury Gold Camp

PROVEN TEAM

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QUENTIN YARIE, P.Geo.President and CEOGeophysicist with > 25 years mineral exploration experience; involved inMalartic Mine discovery; Noront’s Nickel Deposit discovery; KWG Chromite deposit discovery

CRAIG SCHERBA, P.Geo. VP ExplorationNevsun Resources’ Bisha Project discovery; NextSource Materials’ Molo Graphite Project discovery

JEAN-FRANÇOIS MONTREUIL, Ph.D.Chief Geologist>8 years of experience defining complex hydrothermal systems related to base-metals, gold and uranium deposits in Canada

CONRAD DIX, P.Geo.Senior Project Manager>20 years multifaceted mineral exploration expertise Glencore-Raglan

BOARD OF DIRECTORS

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TARA GILFILLAN, CPA, ICD.DFinance executive and entrepreneur with > 20 years experience in mining sector; President at Optimize Group.

QUENTIN YARIE, P.Geo.Geophycisist with >25 years experience in mineral exploration. Involved in Malartic Mine discovery; Noront’s Nickel Deposit discovery; KWG Chromite deposit discovery.

GORDON MCKINNONSuccessful businessman; President, CEO and Director of Canadian Orebodies Inc.

KEVIN TANAS, P.Eng.>20 years experience in mine technical study and review, financial modelling and technology planning; Principal, Metals and Mining Consulting at Wood Mackenzie.

TECHNICAL ADVISORY COMMITTEE

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MACKENZIE WATSON, P.Geo. P.Eng.> 50 years experience in the exploration, development, and mining industry; involved in the discovery of numerous mineral deposits in Canada; Mining Hall of Fame inductee.

DR. JAMES FRANKLIN, FRSC, P.Geo.World renowned researcher with >40 years expertise in gold deposits; former Director of the Geological Survey of Canada; past President of both the Geological Association of Canada and the Society of Economic Geologists, Mining Hall of Fame inductee.

DR. JEAN-PHILIPPE DESROCHERS, P.Geo.>20 years experience in mineral exploration; former VP Exploration at Eagle Hill; Osisko Mining Windfall discovery.

HADYN BUTLER, Ph.D., P.Eng.>50 years experience with proven success in mineral exploration.

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Mia BoiridyInvestor Relations

mboiridy@macdonaldmines.com

145 Wellington Street West, Suite 1001Toronto, Ontario, Canada M5J 1H8

T: 1 416 364-4986F: 1 416 364-2753

www.macdonaldmines.com