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Turner Pope

Investments
Presentation
16 July 2018
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This presentation may contain forward-looking statements. These statements relate to the future prospects, developments and business strategies of the Company and its subsidiaries (the “Group”). Forward-
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including references to assumptions. The forward-looking statements contained in the presentation are based on current expectations and are subject to risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by those statements. If one or more of these risks or uncertainties materia lises, or if underlying assumptions prove incorrect, the Group’s actual results may vary
materially from those expected, estimated or projected. Given these risks and uncertainties, potential investors should not p lace any reliance on forward-looking statements. These forward-looking statements speak
only as at the date of the presentation. All market capitalisation figures in this presentation date from 13 July 2018.
The technical information in this presentation has been compiled on behalf of Erris Resources by Aiden Lavelle. Aiden Lavelle (BSc (Hons), MSc, MIGI, P.Geo) is Erris Resources' chief operating officer. Mr Lavelle
has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person in accordance with the guidance
note for Mining, Oil & Gas Companies issued by the London Stock Exchange in respect of AIM Companies, which outlines standard s of disclosure for mineral projects.

Turner Pope Investments Presentation


1
July 2018
AN EXPLORATION COMPANY ON AIM, ERIS.L

Focused on exploration Discovery asset portfolio


and discovery Zinc in Ireland
Gold in Sweden

Strong industry partnerships Technically-led team


with Centerra Gold and with a track record of
Osisko Gold Royalties discovery

Politically stable,
Value catalysts: multiple
prospective jurisdictions:
drill programmes underway
Ireland and Sweden

2
TURNING EXPLORATION SUCCESS INTO SHAREHOLDER VALUE

1 PROJECT GENERATION AND ASSET IDENTIFICATION:


EARLY EXPLORATION SUCCESS IS LOW COST / HIGH VALUE

2 DE-RISK FUTURE FUNDING REQUIREMENTS:


STRATEGIC ALLIANCES & JVs WITH INDUSTRY PARTNERS

3 ADVANCE EXISTING DISCOVERIES WITH DRILLING:


VALUE THROUGH THE DRILL BIT

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July 2018
CAPITAL MARKETS REWARD ZINC AND GOLD DISCOVERY

Mkt
Company Ticker Cap Project Name Location Notes
US$m

Veovaca / Rupice Bosnia- Historic open pit mine, brownfield


Adriatic Metals ASX:ADT $50
Zn-Pb-Ag-Au-Cu-BaSO4 Herzegovinia exploration, high grade results

Curipamba
Adventus Zinc CVE:ADZN $39 Ecuador Earning 75% in a high grade VMS deposit
Cu-Zn-Au

Mawson Rompas-Rapajalot
CVE:MAW $31 Finland Nordic gold exploration
Resources Au

Medgold Tlamino Fortuna Silver Mines, option to earn 70%


CVE:MED $26 Serbia
Resources Au for $8m investment

Kildare Project Phase 4 drilling to expand 5.4Mt @


Zinc of Ireland ASX:ZMI $8 Ireland
Zn-Pb 8.2% Zn + Pb resource

Gorno Mine Phase 1 mine plan to target small, high


Alta Zinc ASX:AZI $6 Italy
Zn-Pb grade resource

Abbeytown Shallow & high grade zinc, 100% Erris


Ireland /
Erris Resources LON:ERIS $5 Zn-Pb-Ag-Cu Swedish portfolio funded by Centerra
Sweden
Brannberg (Au) Gold

Kilbricken, Clare Maiden Resource 2.6Mt@ 8.8% Zn+Pb,


Hannan Metals CVE:HAN $4 Ireland
Zn-Pb drilling ongoing

AVERAGE $21

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July 2018
INDUSTRY & CAPITAL MARKET VETERANS

Non-Executive Chairman CEO & Director CFO & Director

Jeremy Martin Merlin Marr-Johnson Cherif Rifaat

Non-Executive Director Non-Executive Director Non-Executive Director

Graham Brown Andrew Partington Jeremy Taylor-Firth

TECHNICAL TEAM

COO Technical Advisor

Aiden Lavelle David Hall

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July 2018
A TRACK RECORD OF DISCOVERY, DELINEATION, JV & SALE

Mkt Cap C$34M


Mkt Cap C$23M
Los Sulfatos discovery 2009 TSXV 2012
TSXV 2011
1.2Bt @ 1.5% Cu, 0.02% Mo Europe
Europe
22,000m drilled, Chile

Mkt Cap C$48M, TSXV Sakatti magmatic Cu-Ni-PGE


C$23m from Agnico-Eagle deposit, greenfields exploration
Equity stake discovery in 2009, Finland
Dominican Republic

Mkt Cap £59M Sale of 30% & 1% NSR of


AIM 2010 Öksüt for $24.5m to
Major nickel laterite discovery Centerra Gold
Brazil Turkey

ZAMIN FERROUS
Valentines iron ore
discovery
Uruguay
Tulu Kapi gold Gold discoveries in Egypt
discovery and Djibouti
Ethiopia

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July 2018
INDUSTRY BACKING AT CORPORATE & PROJECT LEVEL

Mkt Cap C$1.94bn Mkt Cap C$1.81bn


▪ Holder of 1% royalty on ▪ Strategic Alliance over Swedish
Abbeytown, Ireland joint area of interest (65,796km2)

▪ Holder of 1% royalty on DPAs in ▪ Erris Resources fully carried and


Sweden earns a 10% management fee

▪ Cornerstone investor at IPO, 18.9% ▪ Centerra holds an option per


shareholder project to earn 70% by spending
$3m

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July 2018
AN ESTABLISHED PORTFOLIO, IN LOW-RISK JURISDICTIONS

“Worthy of individual mentions for Gold, Strategic Alliance with Centerra Gold
the welcoming nature of fiscal policy
BRÄNNBERG
and overall economic environment Exploration around historic discovery
are Sweden and Ireland” (28m @ 2.0g/t Au, 33m @ 1.8g/t Au)
World Risk Report Mining Journal, 2017
Regional portfolio with Centerra in defined Area of Interest (AOI)
Separate regional portfolio, 100% Erris Resources, ex-AOI

SWEDEN

Zinc, 100% Erris Resources


ABBEYTOWN
Brownfields exploration of historic mine and
IRELAND
mineralised extensions

Regional Project: Galway, early stage exploration

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July 2018
BROWNFIELDS EXPLORATION AT ABBEYTOWN

Location
Abbeytown, Co. Sligo – Pb-Ag-Zn mine, closed 1961

Project Areas
6 project licences covering 159km2
Exploration Programme
Brownfield work in and around historic mine
Underground drill programme in development
Drilling southern extension of mineralisation underway

Mineralisation
Lead-zinc mineralisation, rich in silver
Copper zones and mineralisation in basal shale beds newly identified

Infrastructure
Industrial precedent as an active quarry shares the mine site
Road, power, rail, port, all local
Rehabilitated portal and decline provide safe underground access

Ownership
100% owned by Erris, Abbeytown 1% royalty to Osisko Gold Royalties

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July 2018
DRILLING: SURFACE UNDERWAY AND U/G SOON

Fig. 2 - Examination of core from south of the


Abbeytown Mine in Sligo core shed

Fig. 3 – Massive Calcite vein surrounded by


pyrite

Fig. 1 - 3D model of the Abbeytown Mine showing the underground workings along with historic drill holes and Erris
Resources drill holes coloured by lead assay value. Most of the historic drill holes do not have assay results.

Fig. 4 - Safety induction before going underground

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July 2018
REOPENING UNDERGROUND

Fig. 2 - Opening up the Western Portal for ventilation and as a secondary


access point

Fig. 1 - Early inspection of the Decline, unused for ~57 years

Fig. 3 – Index Bed room and pillar workings

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July 2018
BRANNBERG EXPLORATION FUNDED BY CENTERRA GOLD

Location
Skellefteå – an established gold producing district

Project Area
Fully funded by Centerra Gold
$400,000 budgeted for 2018 to include 2500m of drilling

Exploration Programme
New data incorporated (geophysical, geochemical, geological)
Drilling to test new and historic targets

Mineralisation
Results include 28m @ 2.0 g/t Au and 33m @ 1.8 g/t Au
21 shallow holes drilled, all core accessible
17 assayed of which 14 have >1g/t Au> 1m

Infrastructure
Nearby mines already in operation
Excellent infrastructure and transport links established

Ownership
Centerra Gold able to spend US$1m to earn 51%

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July 2018
DRILL PLAN DRIVEN BY MULTIPLE ANOMALIES

Fig. 2 - Sample of new outcrop

Fig. 3 - Historic drill core with chalcopyrite


and arsenopyrite in a quartz vein

Fig. 4 - Preliminary ground IP


chargeability pseudo-sections

Fig. 1 - Ground magnetics data over the area drilled historically. Newly located outcrop also shown

Fig. 5 - 3D targeting model of


mineralisation envelope around
historic drill holes

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July 2018
RESULTS DELIVERED ON SCHEDULE AND ON BUDGET

Underground
Phase 1 diamond drill drilling at Phase 2 contingent
programme Abbeytown drilling programme
Surface drilling at
Infill soil Abbeytown
sampling
H1 H2
2018
Käringberget Brännberg
geophysics geophysics,
geochemistry Brännberg Phase 1
Klippen Phase 2 Käringberget
and geology drilling
drilling Phase 2 drilling

14
A FUNDED, MULTI-ASSET,
DISCOVERY-DRIVEN COMPANY

QUALITY
• Prospective projects with proven mineralisation

• Experienced team with a track record of success

• Zinc and gold, transparent markets, good fundamentals

VALUE
• Valuable industry partnerships

• Twin portfolios in stable jurisdictions (Ireland and Sweden)

• Strong financial position

DYNAMIC
• Multiple funded drill programmes in 2018
• Discovery-ready: testing of top ranked targets underway
• Company alert to further discovery opportunities

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July 2018
APPENDIX - CORPORATE INFORMATION

SHARES IN
TICKER MARKET MARKET CAP SHARE PRICE JOINT BROKER NOMAD
ISSUE

Shard Capital
ERIS.L AIM £3.72 million 12p 31 million Allenby
Turner Pope

SHARE GRAPH MAJOR SHAREHOLDERS

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July 2018
CONTACTS

Website: www.errisresources.com
Twitter: @ErrisResources
Vox: Erris Resources

E-mail: info@errisresources.com

Tel: +44 (0) 20 7236 1177

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July 2018

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