MEETING THE DEMANDS OF AN

ELECTRIFIED WORLD

CORPORATE PRESENTATION

JULY 2018

TSX.V: PRZ

OTCQB: PRZFF

FSE: MQSP

HIGH GRADE COPPER

IN MEXICO

Cautionary StatementFORWARD LOOKING STATEMENTS

This presentation contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws. These forward-looking statements may include statements regarding the perceived merit of properties, exploration results and budgets, mineral resource estimates, the potential to increase estimated minerals resource work programs, capital expenditures, operating costs, resource estimates and similar statements relating to the economic viability of a project, timelines, strategic plans, including the Corporation’s plans and expectations relating to the Manto Negro Copper properties (collectively, “Manto Negro”), the Kena and Daylight Gold-Copper properties (collectively, “Kena”) and the Toughnut property in the Nelson area of British Columbia and market prices for precious metals, or other statements that are not statements of fact. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Statements concerning mineral resource estimates may also be deemed to constitute “forward-looking statements” to the extent that they involve estimates of the mineralization that will be encountered if the property is developed. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Forward-looking statements and forward-looking information are not guarantees of future performance and are based upon a number of estimates and assumptions of management at the date the statements are made including without limitation, assumptions about: future prices of copper, gold and other metal prices, the success of proposed exploration and development activities, successful exploration and development of the Manto Negro, Kena and Toughnut properties, favourable operating conditions, political stability, obtaining governmental approvals and financing on time, obtaining renewals for existing licences and permits and obtaining required licences and permits, government regulation of the Corporation’s activities, environmental risks and expenses, labour stability, stability in market conditions, availability of sufficient equipment and labour, accuracy of any mineral resources and anticipated costs and expenditures and the Corporation’s ability to achieve the Corporation’s goals.

While the Corporation consider these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual performance, achievements, actions, events, results or conditions to be materially different from those projected in the forward-looking statements, including price volatility of the Corporation’s securities, further potential of the Corporation’s properties, the need for additional capital and the Corporation’s ability to raise additional funds, land title issues and risks, local community issues, the estimation of mineral resources, conclusions of economic evaluations, the realization of mineral resource estimates, the timing and amount of estimated future production, quality and marketability of mineral product, limited lives of mines, reclamation obligations, the costs of production, capital expenditures, mining or processing issues, currency exchange rates, government regulation of mining operations, environmental risks, risk relating to infrastructure, permitting and licenses, litigation, mining tax regimes, insurance and uninsured risks, competition, adequacy of financial resources, no historical production or revenues therefrom, dependence on outside parties, dependence on key personnel, conflicts of interest and other risks of the mining industry and those factors disclosed under the heading “Risk Factors” in the Corporation’s documents filed from time to time with the securities regulators in the provinces of Canada. This list is not exhaustive of the factors that may affect any of the forward-looking statements. Forward-looking statements are statements about the future and are inherently uncertain, and the Corporation’s actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking statements. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of the Corporation, or industry results, may vary materially from those described in this presentation. In addition, a number of other factors could cause the actual results, performance or achievements of the Corporation to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements.

The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Corporation at the time of preparation, may prove to be incorrect and readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Corporation does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Any financial outlook or future-oriented financial information as defined by applicable securities legislation has been approved by management of Prize Mining as of the date hereof. Such financial outlook or future-oriented financial information is provided for the purpose of providing information about management's current expectations and goals relating to the future of Prize Mining. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

2

Cautionary Statement (continued)Scientific And Technical Disclosure

Robert A. Archer, P. Geol., a director of the Company, is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical information in this presentation.

All technical and scientific information with respect to the Manto Negro Property contained in this presentation has been taken from the technical report (the “Manto Negro Technical Report”) entitled “Technical Report Manto Negro Property Coahuila State, Mexico” dated March 26, 2018 with an effective date of March 14, 2018 prepared by Norwest Consultants Ltd. of Calgary, Alberta on behalf of Prize Mining or is based on supporting documentation provided by Norwest and has been reviewed and verified by Derek Loveday, P.Geol., or William A. Turner, P. Geol., each of Norwest and Qualified Persons. A copy of the Manto Negro Technical Report is available on the Prize Mining website at www.prizemining.com or on SEDAR profile of Prize at www.sedar.com.

All technical and scientific information with respect to the Kena Project contained in this presentation has been taken from the technical report (the “Kena Technical Report”) entitled “Technical Report for the Kena Project, Nelson, BC” dated June 2, 2017 with an effective date of January 7, 2017 prepared for Prize Mining Vivian Park, P.Geo., VPG Geosciences, and Gary H. Giroux, P.Eng., Giroux Consultants Limited (Ltd.) or is based on supporting documentation provided by either of Vivian Park or Gary H. Giroux and has been reviewed and verified by either such person, each Qualified Persons. A copy of the Kena Technical Report is available on the Prize Mining website at www.prizemining.com or on SEDAR profile of Prize at www.sedar.com.

This presentation discloses mineral resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Third Party Information

Certain information contained herein includes market and industry data that has been obtained from or is based upon estimates derived from third party sources, including industrypublications, reports and websites. Third party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there is noassurance or guarantee as to the accuracy or completeness of included data. Although the data is believed to be reliable, neither Prize nor its agents have independently verified the accuracy,currency or completeness of any of the information from third party sources referred to in this presentation or ascertained from the underlying economic assumptions relied upon by suchsources. Prize and its agents hereby disclaim any responsibility or liability whatsoever in respect of any third party sources of market and industry data or information.

3

Highlights• The Manto Negro Project

• High grade district scale oxide copper project in Coahuila State, northeastern Mexico

• Red Bed Kupferschiefer style oxide copper with grades at surface from 1% to over 3% Cu

• Metallurgical testing suggests strong recoveries (93%) in reasonable timeframe with low acid consumption

• 17,600 hectares of land, 100 % owned, no royalties, 30+ high grade showings over a 50 kilometer trend

• Near term resource development and production opportunity

• Kena Gold Silver Project

• Highly prospective gold and silver exploration and potential future development property in southeastern British Columbia, Canada

• Indicated mineral resource of 481,000 oz and inferred mineral resource of 1,318,000 gold (Technical Report for Kena Project, June 2, 2017)

• Fully funded drilling and exploration program underway and will complete in September 2018

• The Company and the Team

• Expert management and board with proven success of creating shareholder value by building valuable mining companies around the world

• Prize has two valuable and strategic assets with copper in Mexico and gold and silver in British Columbia

• We have the management, operators and vision to leverage these unique opportunities

4

Prize Mining Team

5

Michael McPhie, B.Sc., M.Sc., QEP - President and CEO, DirectorMining industry executive with over 20 years international experience developing projects from early exploration to full operations. Former Managing Director of JDS Copper, President and CEO of CurisResources, Director and Executive Vice President Exeter Resources and currently Chair of the Board of IDM Mining Ltd. and Ridley Terminals Corporation.

Feisal Somji, B.Sc., MBA - Executive ChairmanMining industry executive with over 20 years international experience. Founding shareholder of Mexican Silver Mines, an exploration company focused on Mexico and South America where he held position of President when it was merged with Rio Alto.

Robert Archer, P.Geo. – DirectorCo-founder, director and former CEO of Great Panther Silver Limited, a silver-gold producer with operating mines in Mexico and another under development in Peru. Mr. Archer has more than 35 years experience in the mining industry with senior and junior companies, including more than 20 years in Mexico.

David Schmidt, B.Asc. – DirectorMining industry consultant with over 15 years experience in financings, corporate and financial disclosure and corporate development. Currently a director of several public companies.

Prize Mining Team (continued)

6

Raul Ramirez, BA – DirectorOne of two principals of Scion Mines SA de CV, which was purchased as part of the Manto Negro acquisition. President and CEO of Molycomex, a private Mexican corporation involved in mining exploration in Mexico. Founding shareholder of Mexican Silver Mines and VP Operations prior to merger with Rio Alto.

Tom Pierce, CPA, CA – Chief Financial OfficerMining industry executive, with over 20 years of experience in finance, corporate development, accounting and marketing. Part of senior management team located in Mexico for three years during the construction and commissioning of a mining operation for a Canadian company. VP Business Development and Chief Commercial Officer of Grande Cache Coal prior to sale to Japanese and Chinese consortium.

Prize Mining Capital Structure

7

Shares Outstanding*: 99,750,197

Warrants* - $0.25 21,666,667Warrants - $0.50 9,173,985Options – avg. $0.51 5,700,000

Fully Diluted* 136,290,849

Total Insider Ownership* 13 %

* Assumes closing of first tranche of non-brokered financing of 43,333,333 common shares and 21,666,667 warrants at the price of $0.15 per unit for gross proceeds of $6.5 million.

Copper Market

• Copper is currently in a supply deficit which is likely to increase over the next three to five years. A Chinese economic recovery, rising demand from electric vehicle manufacturers and US and Asian infrastructure plans are all driving copper demand and improved prices.

• Against rising demand, supply is insufficient. Demand is expected to rise from 23 million tonnes this year to 25.1 million tonnes in 2022. Mine supply will lag, reaching 21-21.5 million tonnes by 2021. That is a serious supply gap.*

• New copper projects are limited due to low grades, high capital costs, remote locations and long permitting and development timelines.

8

Note* Source: Gwen Preston, Maven Resource Newsletter, June, 2018.

Copper (Cu) Market Drivers

➢ OECD/IEA 30@30 campaign set a goal for member nations to achieve 30% EV market share by 2030.

➢ By 2025 they predict between 40 to 70 million EVs.

9--data points by mining.com / IEA.org

o Electric Vehicles (EV): 4 times more Cu per vehicle.

o Internal Combustion versus EV: average 23kg of Cu. vs. average 83kg of Cu.

o New Copper demand predicted to grow from 185,000 tonnes (2017) to 1.74

million tonnes (2027) – a ninefold increase – driven by EV adoption.

o In addition, vehicle chargers add 0.7kg Cu each. Fast chargers add 8kg each.

10

Manto Negro Oxide Copper Project

Coahuila State, Mexico

Manto Negro Copper Project*

11

o Sedimentary stratabound oxidized “Red Bed type” copper

deposits

o Property is analogous to the Kupferschiefer-type and

Zambian/DRC Copper Belt deposits that are some of the

richest globally

o 20 km+ trend of high grade oxide Cu, Ag and Zn

o Hosted by Cretaceous carbonates and sandstones

o Lensoid mineralized thickness from 1.5m to 23m

o Zones average 0.73% to 5.5% Cu, 19 to 793 g/t Ag

o Pipes and veins of richer Cu-Ag oxide and sulphide

mineralization outcropping at various locations

Rich copper mineralization from Ojitos showing

* See NI 43-101 Technical Report on the Manto Negro Project, Coahuila State, Mexico, Norwest Corporation, April, 2018

Manto Negro Project – Location and Setting

12

o Coahuila State, NE Mexico

o Safe, easy road access

o 100 percent ownership of approximately 17,600

hectares

o Located proximal to mid-size cities with access to

skilled mining labour

o Excellent working relationship and agreements in place

with two local ejidos (agricultural communities)

Infrastructure

13

• Major highway and rail proximal to property

• High voltage power nearby• Full service commercial centre • Water available on site for ultimate

production

Manto Negro Project Area

14

35 high grade Cu showings over 20 km20 km

Manto Negro - Geology

15

o Manto Negro is a sediment-hosted stratiform copper-silver-lead-zinc

deposit. Mineralization is associated with the contact of the clastic

(redbeds) of the San Marcos formation and the overlying limestone

of the Cupido formation indicative of Kupferschiefer-type red-bed

deposits.

o The Manto Negro area is underlain by a NW trending anticlinal

structure dominated by lower Cretaceous clastic and carbonate

rocks with a few scattered exposures of Permian and Tertiary

intrusive rocks.

o Within the Manto Negro area lateral exploration potential is indicated

by mines and prospects along the contact of the San Marcos –

Cupido formations for 40 to 50 kilometers.

o Typical thicknesses of copper mineralization is in the 1 - 10 meter

range, although mineralization has locally been found over 15+

meter intervals

16

Recent Sample Results*

• 2.61 % Cu over 7 meters and 2.22 %

Cu over 8.9 meters at Pilar Grande

• 5.46 % Cu over 1.25 meters at El

Granizo

• 45.5% Cu and >1,500g/t Ag over 0.25

meters at Los Ojitos

* See Prize press releases dated February 28 and March 14, 2018.

Surface Features

17

Buena Suerte Zone

800 x 6 meters wideEl Granizo Zone

500 x 8 meters wide

La Curva Zone

5 meters wide

Pilar Grande

18

Pilar Grande Mine

Pilar Grande MineSilver-copper mineralization in a 23

meter (75’) thick stratigraphic

interval comprising the lowermost

10 meters of the “Cupido” limestone

unit (Levels 1 and 2) and the

uppermost 13 meters of the

underlying red bed sandstone

sequence (Levels 3 and 4). The

workings extend for 240 meters

along strike and 80 meters down

dip, grades up to 5.86 % Cu / 901

g/t Ag. Average 2.5% Cu and 118

g/t Ag. Current 1000 metres

underground developement

La Abandonada MineMineralization sampled at

surface within a 200 x 10 meter

area with grades of 1.5% copper

and 42 g/t silver. Open in both

strike directions.

Los Ojitos High Grade35% Cu 1.2kg/Ton Ag

Manto Negro South

19

MAP

o More than a 9 km strike length of

visible copper mineralization

20

Copper Recoveries

2012 metallurgical tests

demonstrated:

• 93% Cu recoveries

• Very low acid consumption

Full metallurgical program being

initiated by Prize during 2018

drilling and exploration program.

Intent is to confirm and optimize

metallurgical recoveries of

copper throughout the Manto

Negro property.

21

Proposed 2018 Program

• Detailed diamond drill program to determine

continuity of mineralization and build

resource

• Detailed metallurgical program to confirm

recoveries

• Data compilation and geological model

development

• Structural and stratigraphic mapping and

targeted geophysics

• Project economic evaluation

• Initiate environmental studies and permitting

for future commercial operations

Manto Negro Future Potential Production Profile

22

• Potential heap leach style project using proven and widely used SX/EW processing technology to produce pure copper cathode

• Low cost surface open pit and room and pillar underground mining

• Extensive regional exploration program to build multi year production opportunity

• This style of mining and production typically has lowest quartile costs both in terms of capital and operating

Conclusions

Gradeo Average grades range from 1.5% to > 5%

o Higher grade areas of 6% to 8%

o High silver, lead and zinc

o Expect mineable resource grades at 1% -

2% range

Sizeo Just under 18,000 hectares

o District scale opportunity

o More than 35 showings over

20 + km trend

o Typical thickness in the 1 to 8

meter range

o Similar in style to Zambian

and DRC copper deposits

Production Potentialo Oxide deposit amenable to low

cost high recovery leaching

o Surface open pit mining or room

and pillar underground

o Easy access to infrastructure

including power, water and road

23

100% Owned │ District Scale │ No Royalties

Manto Negro Copper Project

Kena & Daylight Gold ProjectNelson, British Columbia

24

o Prize Mining’s advanced stage Kena project represents a NI 43-101 gold resource of

481,000 ounces Indicated, and 1,318,000 ounces Inferred with potential for higher grade

targets.

o Kena, Daylight and Toughnut Properties have been consolidated under one option

package and one work program. Consolidation provides for a district wide approach to tie

together a larger trend extending several kilometers.

o The Daylight claims have four historical producing mines with grades as high as 37 g/t

gold. The Company’s focus on the Daylight property is on four large gold-bearing targets.

o Currently undertaking at 2,700 meter exploration diamond drilling program focused on the

Toughnut claim area. This program is fully funded and will be completed by September

2018.

Location and Infrastructure

25

o South-Eastern BC

o 10 km from town of Nelson

o Paved highways

o Rail line nearby

o Local work force

o Power lines cross the property

o Local service and supply companies

o Teck Resources Trail Smelter lies 45 minutes south via paved highway

Kena Property

26

THREE IMPORTANT GOLD AND COPPER-GOLD ZONES

KGM GOLD DEPOSITBulk tonnage gold deposit with high grade zonesDAYLIGHT GOLD AREAHigh Grade Gold Veins characterized by four historic minesCOPPER KING ZONEBulk tonnage porphyry copper-gold mineralization

PORPHYRY GOLD DEPOSIT

o 24,890,000 Tonnes containing indicated resources of

• 481,000 ounces GOLD

• Average grade 0.60 g/t Au

o 85,790,000 Tonnes containing inferred resources of

• 1,318,000 ounces GOLD

• Average grade 0.48 g/t Au (Using a 0.3 g/t GOLD Cut-off)

* Resource can be expanded with additional drilling.

** Mineral resources that are not mineral reserves do not have demonstrated economic viability.

*** Resource estimate by Giroux and Park (2017).

Daylight Property

27

TWO LARGE PROSPECTIVE GEOCHEMICAL TRENDSo Great Western anomaly: 48 soil samples over 100ppb Auo The Starlight-Daylight trend: 9 soil samples >100 ppb Au

AND highest gold-in-soil ever recorded on the property of 8,009 ppb Au (8.0 g/t).

DRILLING HIGHLIGHTSo Great Western anomaly: 32.6m of 1.16 g/t Au including

0.9m of 63.7g/t Au AND 71.22m of 1.09 g/t Auo Starlight-Daylight trend: 5m intercept of 2.76 g/t Au

including 1m of 5.77 g/t Au.

Toughnut Property

28

DRILLING HIGHLIGHTSo Gold Eagle Mineralized Trend: 38 significant

results with >1.0g/t Auo Gold Eagle Trend North: 5.45m of 2.95 g/t Auo Gold Eagle Trend South, Open Mineralized

Trend: 1m of 25g/t Au, 2m of 5.58 g/t Au

CURRENT PROGRAMCurrently undertaking a 2,700 meter

exploration diamond drilling program focused

on the Toughnut claim area. This program is

fully funded and will be completed by

September 2018.

Summary• Manto Negro Oxide Copper Project contains sediment-hosted copper mineralization analogous to some of

the world's most prolific producers. District-scale potential, good grades at or near surface, and excellent

recoveries by leaching imply low capital and operating costs.

• Near term goal is to undertake a detailed exploration program to build a resource for Manto Negro allowing for

an economic assessment of the deposit to evaluate future development and production opportunities.

• Our southeastern BC located Kena-Daylight Gold Project is for the first time being looked at from a district-

wide approach. The Kena Property has a NI 43-101 indicated resource of 481,000 ounces of gold as well as

inferred resources of 1,318,000 ounces of gold. The Daylight claims have four historical producing mines with

grades as high as 37 g/t gold.

• Current 2,700 meter drill program on Toughnut claims has potential to further enhance the value of the

Company’s BC assets.

• The Company remains committed to adding resources through both drilling and acquisition and offers a

diversified, strategically managed approach with a big picture outlook.

29

www.prizemining.com

30

OTCQBPRZFF

TSX.VPRZ

FSEMQSP

Investor Relations

Walter Spagnuolo, Manager, Investor Relationswalter@prizemining.comTel: 604-343-8661

Mailing Address

Prize Mining Corporation645 – 7th Avenue SW, Unit 2650Calgary, Alberta T2P 4G8Tel: 403-236-2222