DIVERSIFIED METAL EXPLORATION & …elninoventures.com/i/slideshow/ELNslideshow.pdfEl Nino will receive a laddered Net Smelter Return on Production (NSR), starting at 0.25%, at a Zinc

DIVERSIFIED METAL EXPLORATION & DEVELOPMENT COMPANY

INVESTOR PRESENTATION

Winter 2018#101, 2148 West 38th Avenue

Vancouver, B.C. V6M 1R9

Tel: 604-685-1870TF: 1-800- 667-1870

Email: [email protected]

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www.elninoventures.com TSX.V:ELN OTC Pink: ELNOF FSE: E7Q

Management, Technical, Directors


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Harry Barr Trevor RichardsonRobert GuanzonCharlotte BrownGary Moore, MBA, BCommMichael Neumann, P.Eng

Chairman & CEOPresident & Chief Operations OfficerChief Financial OfficerCorporate SecretaryDirectorDirector

Share Structure Share Performance

Approximately 2000 Shareholders

Share Price $0.03 Shares Outstanding 61,611,970Warrants 22,774,750 Options 2,740,000 Fully Diluted 87,126,720 52 Week Range $0.005 - $0.03

ELN maintains an office in Vancouver

Murray Brook Purchase Agreement byPuma Exploration


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Purchase Agreement

The company made a decision to sell the Company's Minority Interest, in our Option/Joint Venture, with Votorantim Metals

Canada Inc., on our Murray Brook Polymetallic Project: See Press Release May 4, 2017

By mutual agreement on May 4, 2017, El Nino Ventures Inc. and Puma Exploration Inc. have agreed to modify the original

closing terms of their asset purchase agreement. Thus, the initial payment has been modified to a cash payment of $300,000,

which has already been delivered to El Nino, and the issuance of five million Puma shares at the deemed value of seven cents.

The second payment of $400,000, is postponed to April 30, 2018, and has been increased to $500,000, and will be added to the

existing third payment of $1-million which is due for April 30, 2018, for a total amount of $1.5-million (total 3million dollars).

However, in the event that Puma raises $1-million during the first six months from the signing of the modified asset purchase

agreement (up to Oct. 30, 2017), then the amount and the schedule of second payment will remain unchanged, and Puma will

pay $400,000 on or before Oct. 30, 2017.

El Nino will receive a laddered Net Smelter Return on Production (NSR), starting at 0.25%, at a Zinc price of US$1.04/lb. and

increasing, in increments of 0.25%, to a maximum of 1.75% above US$1.50/lb. Zn, in relation to 32% of the production from

the Murray Brook Property, which includes the Mining Lease and the Camel Back Claims, for the life of the Murray Brook

Deposit and any new discovery made on the total project.

El Nino Murray Brook Project


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• El Nino Ventures Inc. (ELN) flagship is the Murray Brook Project, in the proven Bathurst Mining Campof New Brunswick, in eastern Canada

• Murray Brook is a Polymetallic Zinc-Lead-Copper (Silver) early stage development project

• New Brunswick is a safe, stable, pro-mining jurisdiction; Ranked Top 5 Globally in 2014, by Fraser

Institute

• Exploration upside with drill-ready targets

Murray Brook Project,

New Brunswick, Canada

Zinc Market Fundamentals


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• Zinc prices have risen >40% in2016 and >60% from recent low

• Best performing base metal in2016

• Price rise driven by falling globalmine production and risingindustry consumption

• Reduced inventories will lead todeficits in zinc metal andconcentrate supplies

Murray Brook Zn-Pb-Cu (Ag) Project

• Amenable to open-pit mining

• Road accessible; power, smelter, labour force nearby


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• Murray Brook’s base metal, massive Sulphide deposit, is located in the proven Bathurst Mining Camp

• Murray Brook Measured & Indicated Resources = 19 Mt @ 3.8% Zn+Pb+Cu

• Favourable metallurgy

• Positive Preliminary Economic Assessment

• Strong established infrastructure

Murray Brook and the Bathurst Mining Camp located in north-central New Brunswick

Bathurst Mining Camp


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• Historically one of Canada’s most productive base metal mining camps

• In 2001, produced 30% of Canada`s Zinc, 53% of its Lead and 17% of its Silver

• Most production from Brunswick #12 Mine (closed 2013)

• Caribou Mine re-opened mid-2015 (Trevali) and achieved commercial production mid-2016

• Halfmile deposit under development (Trevali)

• Belledune Smelter (Glencore) to remain open until at least 2017

• Roads, power, railways, and skilled labour force in place

Belledune Lead Smelter (Glencore) Caribou Mine & Mill Complex (Trevali)

Murray Brook Infrastructure Setting


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Murray Brook Mining Lease and Camel Back Exploration Property

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1- Belledune Smelter (Glencore)

2- Caribou Mine & Mill (Trevali)

3- Brunswick #12 Mine (Glencore)

4- Stratmat Project (Trevali)

5- Halfmile Mine (Trevali)

• Murray Brook Project located NW corner of Bathurst Mining Camp

• Road accessible; power, mill, smelter and skilled labour force all nearby

Murray Brook Site


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• Air photo showing Murray Brook Project site infrastructure, collar locations and

outline of massive Sulphide deposit

• 2012 resource estimate based on ~150 drill holes totalling approx. 28,000 metres

Hole ID From m To m Interval m Zn % Pb % Cu % Ag gpt Au gpt

MB-2012-132 89.0 201.0 112.0 6.15 1.92 0.10 70.6 0.636

Including 167.0 200.0 33.0 10.50 3.60 0.10 126.7 1.370

MB-2012-117 100.4 185.0 84.6 4.62 1.82 0.15 69.8 0.521

Including 170.0 183.0 13.0 10.34 4.11 0.29 126.0 1.396

MB-2012-102 68.0 118.2 50.2 4.15 1.05 0.83 42.5 0.324

Including 83.0 104.0 21.0 6.12 1.56 1.07 60.8 0.269

And 122.5 174.0 51.5 3.39 0.89 0.09 34.7 0.199

2012 assay results for Murray Brookindicate presence of thick, internalmassive Sulphide sub-domainsgrading up to 10% Zn (see below)

High Grade Drill Intercepts


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High grade massive Sulphides in drill core from Murray Brook

Murray Brook Plan View


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Murray Brook metal grade x core width contour plot for Zinc and Copper

zinc copper

Murray Brook Cross Section


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Murray Brook Deposit: West-East Cross Section

Note Copper-rich massive Sulphide body updip of deeper Zinc-rich body

Murray Brook Mineralization


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View looking south at Murray Brook 3D mineralization model

Murray Brook Mineral Resource Estimate


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Murray Brook In-Pit Mineral Resource Estimate at C$21/T NSR Cut-Off: Effective Date June 4, 2013

Mineral Resource Estimate based on 3-year trailing averagemetal prices as of Jan. 31, 2013:

• Copper $US/lb $3.68• Lead $US/lb $1.00• Zinc US$/lb $0.95• Gold US$/oz $1500• Silver US$/oz $29• Exchange Rate ($US/$C) 1.00

• Sensitivity analyses indicate that Murray Brook Project performance most sensitive to metal price

• Improved metal recoveries and exploration upside also important

(1) Mineral Resources which are not mineral reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting,legal, title, taxation, socio-political, marketing, or other relevant issues.(2) The quantity and grade of reported Inferred Resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as anIndicated or Measured Mineral Resource and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured Mineral Resource category.(3) The Mineral Resources in this report were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitionsand Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.

NSR = (Cu% x 38.54+Pb% x 9.13 + Zn% x 15.81 + Au x 0.0 + Ag x 0.44) – 11.43

Zone Category Tonnes Metal Grades Contained Metal

Zn% Pb% Cu% Ag g/t Au g/t Zn Mlb Pb Mlb Cu Mlb Ag Moz Au Koz

Oxide Measured 981,000 2.73 0.89 0.90 39.8 0.33 59.0 19.2 19.5 1.3 10.5

Oxide Indicated 302,000 2.05 0.69 1.02 33.9 0.54 13.7 4.6 6.8 0.3 5.3

Oxide M+I 1,283,000 2.57 0.84 0.93 38.4 0.38 72.7 23.8 26.3 1.6 15.8

Oxide Inferred 4,000 0.57 0.17 3.69 25.4 0.43 0.1 0 0.3 0 0.1

Sulphide Measured 11,306,000 2.97 1.04 0.40 42.5 0.50 741.2 258.3 100.7 15.4 182.7

Sulphide Indicated 6,578,000 2.32 0.91 0.57 40.3 0.74 336.8 131.6 82.9 8.5 155.5

Sulphide M+I 17,884,000 2.73 0.99 0.47 41.7 0.59 1078.1 389.9 183.6 23.9 338.2

Sulphide Inferred 284,000 1.36 0.50 1.57 28.7 0.47 8.5 3.1 9.8 0.3 4.3

Peer Project Comparison


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Murray Brook is the Largest NI43-101 compliant resource in the Bathurst Mining Camp

Murray Brook Phase 1 Metallurgical Results


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• Locked cycle tests successfully produced separate Copper, Lead and Zinc concentrates

• Lead concentrate contains highest Silver grades

• Gold refractory and not recoverable by flotation

Description Sample/Circuit

Assays Recovery%

Cu% Pb% Zn% Ag (g/t)Au

(g/t)Cu Pb Zn Ag Au

Feed Grade blend of 3 holes 0.27 1.15 3.42 45 0.590

Cu Concentrate final 17.45 6.16 6.04 591 1.051 51.4 4.5 1.7 12.5 2

Pb Concentrate final 2.40 50.30 5.27 833 0.923 7.2 36.6 1.4 17.5 1.8

Zn Concentrate final 0.48 1.08 53.78 95 0.360 15.8 8.3 88.8 25.3 5.5

Overall Recovery 74.4 49.4 91.9 55.6 9.3

Murray Brook PEA


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Preliminary Economic Assessment – June 2013*

* This PEA is preliminary in nature and its mineable tonnage includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty that the preliminary assessment will be realized. Mineral Resources that are not mineral reserves do not have demonstrated economic viability.

Technical Report prepared by P&E Mining Consultants

• Mill Throughput: 6000 t/d or 2Mt ore/year

• Life of Mine: 9.5 years

• Life of Mine Strip Ratio: 4.32

Item Discount C$

NPV 5% $96,440,000

NPV 7% $59,570,000

IRR % 11.40

Payback Years 5.43

Revenues from ConC$

Operating Cost($28/t) C$

RoyaltiesC$

TaxesC$

Capital SpendingC$

Cash FlowC$

$1,246,026,000 $518,076,000 $3,115,000 $161,344,000 $334,818,000 $228,673,000

Life of Mine Cash Flow

Exploration Upside


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N

Geological map showing distribution of priority exploration targets east of Murray Brook

Exploration Upside


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Residual gravity map of the Murray Brook favourable horizon

Exploration Upside


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Copper in-soil geochemistry anomalies along the Murray Brook favourable horizon

Exploration Upside


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N

Geophysical profiles across priority drill target P1

El Nino Gold Division – New!


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• Over 220 years of combined technical, financial and admin experience.

• Low returns on other investments and fears about the stability of the world

economy have caused the gold price to soar

• Few new discoveries are in development due to lack of exploration

• Majority of global supply is deep and expensive to mine

El Nino Gold Division


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Aggressive Acquisition Program Underway

• Mix of grass roots, brownfields and advanced stage projects under consideration

• Prospector Generator Model;

“Management plans to provide our shareholders with the opportunity to explore and

develop a number of Exploration Projects concurrently. After an initial phase of

exploration on our projects, our team plans to partner via Option/Joint Venture

Agreements with Major and well-funded Junior companies that want exposure to the

Gold industry”.

• The Prospector Generator Model reduces

risk, share dilution and increases

Discovery Potential

Disclaimers


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Forward Looking Statements

Certain information presented, including discussions of future plans and operations, contains forward-looking statements involving substantial known and

unknown risks and uncertainties. These forward-looking statements are subject to risk and uncertainty, many of which are beyond control of company

management. These may include, but are not limited to the influence of general economic conditions, industry conditions, fluctuations of commodity

prices and foreign exchange rate conditions, prices, rates, environmental risk, industry competition, availability of qualified staff and management, stock

market volatility, timely and cost effective access to sufficient working capital or financing from internal and external sources. Actual results,

performance, or achievements may differ materially from those expressed or implied by these forward looking statements.

Qualified Person Statements

The information in this presentation that relates to Exploration Results or Mineral Resources for the Murray Brook Project is based on information

compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geologist, El Nino Ventures. Dr. Stone is the Qualified Person as defined by National

Instrument 43-101 for the Murray Brook Project.

Safe Harbour Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with

future events, they are subject to various risks and uncertainties and actual results for fiscal year 2010 and beyond could differ materially from the

Company’s current expectations.

Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and

other similar expressions that indicate trends and future events.

DIVERSIFIED METAL EXPLORATION & …elninoventures.com/i/slideshow/ELNslideshow.pdfEl Nino will receive a laddered Net Smelter Return on Production (NSR), starting at 0.25%, at a Zinc

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