Corporate Presentation

June 2020

Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of

applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts,

projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations

reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have

been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond

the Company's control, and that future events and results may vary substantially from what the Company currently

foresees. Discussion of the various factors that may affect future results is contained in the Company's Annual Report which is

available at www.sedar.com. The Company's forward-looking statements are expressly qualified in their entirety by this

cautionary statement.

The Keg Deposit NI 43-101 disclaimer

At a 16 g/t silver cut-off, the Keg inferred resource is 39.76 million tonnes grading 30.25 g/t silver, 0.26% lead, 0.77% zinc and

0.15% copper. For further details see technical report entitled “Geology, Mineralization, Geochemical Surveys, Diamond Drilling,

Metallurgical Testing and Mineral Resources at the Keg Property” dated December 19, 2012 and amended May 27, 2013 and filed

on SEDAR.

The Mel Main Zone Deposit NI 43-101 disclaimer

The Mel Main Zone hosts an inferred resource of 5.38 million tonnes grading 6.45% zinc, 1.85% lead and 44.79% barite (BaSO4),

at a cut-off grade of 5.0% zinc-equivalent. Zinc-equivalence was calculated using metal prices of US$0.89/lb zinc and US$0.96/lb

lead and assuming 90.3% zinc recovery and 97.7% lead recovery. Further details of the estimation procedure are available in a NI

43-101 report authored by Giroux Consultants Ltd. and H. Leo King. P. Geo., dated November 12, 2014 and filed on SEDAR.

All technical information contained in this presentation pertaining to projects located in Yukon has been approved by Matthew R.

Dumala, P.Eng., a geological consultant to Silver Range Resources and qualified person for the purposes of NI 43-101.

All technical information contained in this presentation pertaining to projects located in NWT, Nunavut and Nevada has been

approved by Michael Power, P.Geo., President and C.E.O of Silver Range Resources and qualified person for the purposes of NI

43-101.

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Why Silver Range?

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• A focus on higher grade prospects (> 5 g/t Au) delivers more attractive high margin deposits

• Improved odds of success via a large, high quality property portfolio in Nevada, Nunavut, NWT

• Capital structure primed to reflect success: large, disciplined management stake; adequate float; and expiring warrant caps.

• Near-term catalysts for success in up-coming partner drill programs and testing of drill-ready Nevada prospects.

• Longer term success through disciplined application of the prospect generator model by an experienced technical & management team

Management and Directors

4

Mike Power, M.Sc., P.Geo. President, CEO & Director

Geologist, geophysicist and founding partner of Aurora Geosciences Ltd. Over 35 years experience mineral exploration and project generation.

Ian Talbot, B.Sc., LLB. COO

Geologist and lawyer. Practiced exclusively in mining and securities law. Former in-house counsel with BHP Billiton World Exploration Inc.

Larry Donaldson, CPA, CA.

CFO

Chartered Professional Accountant. Extensive experience in public company

audits, and in accounting and tax planning for mineral exploration companies.

Glenn Yeadon, B.Comm. LLB. Secretary and Director

Barrister and solicitor practicing primarily in the field of securities law. Partner or associate with Tupper Jonsson & Yeadon since 1983.

Richard Drechsler, B.Sc. VP, Communications

Investor relations manager; First Nations and community liaison. Worked in the mining/mineral exploration industry since 2005.

Doug Eaton, B.A., B.Sc. Director

Active in Yukon mineral exploration for over 40 years. Partner of Archer, Cathro & Associates since 1981. Recipient of the H.H. “Spud” Huestis award in 2012.

Bruce Youngman, B.Sc. Independent Director

Former President of Canplats Resources, acquired by Goldcorp for $300 million in 2010. Former President and VP of Northern Dynasty Minerals.

Bruce Kenway, CPA, CA. Independent Director

Chartered Professional Accountant and founder of Kenway Mack Slusarchuk Stewart LLP, providing wide range of audit, accounting and tax services.

Tim Termuende, P.Geo. Independent Director

Geologist with over 40 years experience in the mineral exploration industry including Cominco and Copper Canyon Resources, acquired by NovaGold in 2011. He is President, CEO and Director of Eagle Plains Resources Ltd.

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Technical Advisors

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Richard (Dick) Reid, CPG. Dick Reid is the former Chief Geologist – North America for Newmont Gold Corp. He has

over 30 years of experience in mineral exploration, evaluation and acquisitions –

particularly in Nevada

Randall (Randy) Vance, CPG

Randy Vance is currently Senior Geologist – Nevada with Hecla Mining; formerly Chief of

Technical Service with Klondex Mines and a senior geologist with Newmont. Randy has

over 30 years experience, particularly in the exploration and evaluation of epithermal gold

deposits in Nevada.

Rob Carpenter, PhD, P.Geo. Rob Carpenter founded Kaminak Gold Corp. and under his direction acquired, explored

and vended the Coffee Deposit in the Yukon to Goldcorp. He has wide experience

working throughout Nunavut and the Northwest Territories.

Rob Carne, M.Sc. , P.Geo. Rob Carne has over 40 years experience in mineral exploration throughout the Cordillera.

Former President (& now Chairman) of ATAC Resources, he lead the discovery team that

found the first Carlin style mineralization outside of Nevada – in the Yukon.

Harmen Keyser, P. Geo.

Harmen Keyser is founder, president and CEO of Precision Geosurveys, an airborne

geophysical contractor based in Vancouver B.C. In addition to extensive experience in

mineral exploration including several discoveries in the Americas, he worked with Simon

Ridgway in corporate development on Radius Gold, Northland Exploration and Cordoba

Minerals among many others. He has extensive experience in Nevada.

Lou Covello, P. Geo.

Lou Covello has over 50 years of experience in the mineral exploration industry,

particularly in the NWT and Nunavut. He founded Covello, Bryan & Associates and later

was a founding partner in Aurora Geosciences Ltd.

Roger Hulstein, P. Geo. Roger Hulstein is an experienced exploration and mine geologist who has worked in

Nevada, Yukon, B.C., Northwest Territories and Alaska for over 30 years for companies

including Kennecott Exploration, the Radius Group and Terra Mines.

Gary Vivian, M.Sc., P.Geo. Gary Vivian has over 40 years experience in mineral exploration working across Northern

Canada. A former partner in Covello, Bryan & Associates, he was a founding partner

and later President of Aurora Geosciences Ltd.

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Capital Structure

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SHARES OUTSTANDING: 81,686,040

FULLY DILUTED: 91,956,040

WORKING CAPITAL1: ~$500,000

Options/Warrants

OPTIONS $0.11-$0.25 3,745,000

WARRANTS (Expiring 2022)

$0.16 6,525,000

SILVER RANGE MANAGEMENT2 20.7%

PANARC RESOURCES 12.2%

STRATEGIC METALS LTD. 18.8%

Significant Holders (51.6%)

1 Estimate as of May 28, 2020 includes cash and marketable securities 2 Includes consultants and key employees on a partially diluted basis.

$0.00

$0.05

$0.10

$0.15

$0.20

$0.25

$0.30

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1,000,000

10,000,000

100,000,000

1,000,000,000

Market cap (9 Apr 2020)

Upside market potential?

7 (32 TSX / TSX-V listed Prospect Generators)

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5

3 1

14

Silver Range – Market focus

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Precious metals

Gold-copper

Copper-gold

Company incubator

Multi-commodity

SILVER RANGE

• The only prospect generator focused on high grade precious metal targets.

• Target criteria:

• > 5 gpt Au / 500 gpt Ag surface samples

• In deposit classes

generating grades > 5 gpt Au / 500 gpt Ag

[Stated corporate focus – 32 TSX / TSX-V Prospect Generators]

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1

0

20

40

60

80

100

120

140

Active Projects

A Large Property Portfolio…

9 (32 TSX / TSX-V listed Prospect Generators)

More projects More opportunities Better odds of success

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… In Safe Places

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SILVER RANGE PROJECT

LOCATIONS

Mining friendly jurisdictions rich in gold and silver

4 5 13

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Could they find something really valuable?

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SOUTH KITIKMEOT GOLD PROJECT • Dominant green fields land position in the Back River –

Lupin gold belt

• 5 M oz gold target potential

• 5 targets / > 100 km2

• Numerous high grade surface showings (10-60 g/t Au)

• Drill targets defined

TREE RIVER PROJECT • North America’s only Pilbara-style Wits 2.0 target

• Archean conglomerate-hosted gold

• Historic surface samples to 142 g/t Au.

• Regional scale trend covered by 392 km2 prospecting

permits

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Nevada Projects

12 (See SNG Project Portfolio for individual prospect details)

Skylight • Fully preserved epithermal

system • Untested high priority

Newmont target • Recent 3D IP unlocked

structure • Drill targets defined

Strongbox • Surface gold to 27 g/t • Extensive alteration zone: 40 m

@ 0.47 g/t gold • Surface placer and

underground hardrock production

• Drill targets defined

Stinson • High grade surface grabs to 248

g/t gold • Surface grades: • Two small historic mines • Key holdings in a larger district

Kawich • Epithermal gold and silver veins

with minor past production • Located on a regionally

significant structure • Silver Range grab sampling

returned 10.35 g/t gold and 430 g/t silver

Gold Chief • Carbonate-hosted

structurally controlled gold. • Historic mine production:

5000 t @ 6 g/t gold • Drill targets defined by

recent 3D IP surveys

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Cold Springs • High grade gold & silver

mineralization at surface • Known mineralization on edge

of a larger system • Drill targets defined by

geophysics

Nunavut Projects

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TREE RIVER • North America’s only Pilbara-

style gold target • Similar to recent discoveries by

Novo Resources (Beaton) • Archean conglomerate hosted

gold with surface samples to 142 g/t Au

SOUTH KITIKMEOT GOLD PROJECT • Dominant green fields position

in the Back River / Lupin gold belt.

• 5 properties / 10,500 hectares • Numerous high grade iron-

formation hosted gold targets. • Historic drilling: 3 m @ 11.7 g/t

gold

ENNADAI-RANKIN BELT • 5 properties covering Archean

lode-gold style mineralization • Drill-ready Hard Cash project:

surface gold to 174 g/t Au / 1190 g/t Ag along a 1.4 km trend.

(See SNG Project Portfolio for individual prospect details)

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GRUMPY • High grade gold vein system • Historical non-NI 43-101

compliant resource open for expansion

• Located along the proposed Grays Bay Road

Northwest Territories Projects

14 (See SNG Project Portfolio for individual prospect details)

Cabin Lake (Royalty Interest) • 100 Kt @ 0.3 OPT

Au (historic resource)

Up Town Gold • Very high grade

surface samples (to +300 g/t Au)

• Adjoins Giant Mine

• Recent drilling

Itchen • Extensive iron

formation with numerous gold showings

• 78 km WSW of Lupin Mine

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Yukon Projects

15 (See SNG Project Portfolio for individual prospect details)

Michelle • High grade Zn-Ag • Carbonate hosted • Belt-sized prospect • Drill results include

16.75% zinc, 8.86% lead and 310 g/t silver over 18.29 m

KEG Project • 39.8 Mt @ 31.3 g/t Ag • Additional Zn, Pb, Cu • Multiple high grade

silver zones at pre-resource stage

MEL Deposit • 5.38 Mt @ 6.45%

Zn, 1.85% Pb and 44.79% BaSO4

• Recent drilling demonstrated expansion potential

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BARB Deposit • Historic non-compliant

resource estimate of 533,434 tonnes grading 102.86 g/t silver, 6.1% lead and 4.6% zinc

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2

4

6

8

10

12

14

16

18

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Active deals versus years in business

Are they generating deals?

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30 10 20 5

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(source: company websites and corporate presentations Q120, SNG current)

Years in Business

Pro

per

ties

Un

de

r O

pti

on

Are they generating cash?

17 (Option payments, reimbursed exploration & interest / Most recent annual financial statements as of Apr. 15 2020 (SEDAR))

30 10 20 5

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Years in Business

$50,000

$500,000

$5,000,000

$50,000,000

Revenue versus years in business

Is my money going into the ground?

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(G&A less non-cash accruals / Most recent annual financial statements as of Apr. 15 2020 (SEDAR) )

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$310,895

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000Annual cash expense

Is there more to come?

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Based on property deals in good standing at Apr. 15, 2020 Share payments valued at $0.05/share Projected income in CAD (1 CAD = 0.77USD)

$98,535

$195,000

$285,000

$102,500

$180,000

$565,000

$125,000

$720,000

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

2016 2017 2018 2019 2020 2021 2022 2023

Option Payments Received and Forecast

Organic Royalty Generation

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Project Name Current Optionor Royalty Advanced Royalty Payments Buy-out

Silver Range Project (Keg) Private 2% NSR* no no

Up Town Gold Rover Metals 2% NSR $50,000/yr. starting Sept. 2021 1%

Cabin Lake Rover Metals – earned in 2% NSR $20,000/yr. starting Feb. 2023 1.50%

Yuge Trifecta Gold 2% NSR no 1%

East Goldfield ATAC Resources 2% NSR no 1%

Hard Cash Canarc Resources 2% NSR no 1%

Nigel Canarc Resources 2% NSR no 1%

Hannapah Mercury Exploration 2% NSR $10,000/yr. starting Oct. 2024 1%

escalating to $20,000/yr. by 2026

*2% NSR on precious metals, 1% NSR on non-precious metals

Catalysts for near-term growth

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1. Cold Springs – Drill ready

2. Skylight – Drill ready

3. Drill targets being developed at

• East Gold Point

• Loner, Stinson & others

Cold Springs

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• WSW dipping volcaniclastic rocks

• 800 x 200 m area of low sulphidation alteration & mineralization

• Two stage silica alteration & quartz veining

Cold Springs - Mineralization

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• Initial silicification: • Veins & interstitial

silica • Widespread • > 0.1 g/t Au

• Second phase veins: • Up to 70 m long /

2 m wide • Cross-cut 1st stage • Moderately west

dipping • High grade – to 20

g/t Au & 1,770 g/t Ag

Cold Springs - Drilling

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No feeder zone beneath surface mineralization. Where is it?

Looking SE from NW corner of property Gold > 0.1 g/t intercepts shown

Cold Springs – Target model

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Geology suggests a feeder to the west

Known high grade Au / Ag mineralization

Cold Springs – Geophysical target

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Isosurface enclosing < 30 ohm-m material, cropped at 80 m depth

Skylight - Geology

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• Royston Hills

• Mid-Tertiary felsic ash flow tuff overlying Triassic carbonates & clastics

• Extensive silica caps

at higher elevations on the property

Skylight – Near the epithermal vent

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(Hamilton et al, 2017)

Skylight – Geophysics defines vent structure

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Chargeability > 5 mV/V

Skylight – Geochemical support

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Skylight – Historic peripheral drilling

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• Newmont / Rimfire drilled 6 holes on the edge of the system

• Longest intersection: 10.67 m @ 0.490 g/t Au (RC07-03)

• Short gold hits more frequent closer to system: best -> 4.50 m @ 1.595 g/t Au (RC07-06)

• Area under silica caps remains untested.

East Gold Point – Extension of a historic camp

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East Gold Point - Analogs

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• Mineral Ridge Mine • Same host formation &

style of mineralization • Production to date date:

11,632,743t @ 1.87 g/t Au (697,715 oz Au)

• Weepah Deposit • Historic production

approximately 117,000 oz Au.

• Earlier half at 5.83 g/t Au

East Gold Point – Future work

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Geophysical & soil geochemical surveys, geological mapping & sampling followed by trenching & drilling proposed to trace mineralized veins.

View from American Hornsilver Shaft along property axis to Gold Point

Near term strategy

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• Seek JV partners for drill-ready projects.

• Advance to drill ready: • East Gold Point • Loner

• Continue generative work in Nevada,

Nunavut

• Drill best Nevada target in Fall 2020 contingent on adequate financing

Contact Information

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Silver Range Resources Ltd.

1016-510 West Hastings Street

Vancouver, BC, V6B 1L8

Phone: 604-687-2522

Toll Free: 1-888-688-2522

Web: www.silverrangeresources.com

Investor Relations:

Richard Drechsler

Phone: 604-687-2522

Toll Free: 1-888-688-2522

E-mail: rdrechsler@silverrangeresources.com

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