PROJECTS: PERU - Korelin Economics Report · the nearby Toquepala Mine Complex, one of Peru’s largest copper mines. • Lukkacha is located 50km SE of Toquepala Proximity to border

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F O R W A R D L O O K I N G S T A T E M E N T

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This presentation contains projections and forward looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include, without limitation, statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company’s plans and objectives to differ ma-terially from those anticipated in such information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward- looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company as-sumes no obligation to update forward-looking information should circumstances or manage-ment’s estimates or opinions change.

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C O M P A N Y O V E R V I E W

Miramont Resources (CSE:MONT) is a Canadian based exploration company with a focus on acquiring and developing highly prospective mineral prospects within world class belts of South America.

The company’s key holdings are located in southern Peru. The Cerro Hermoso property hosts a 1.4 km diameter breccia pipe targeting Au, Ag and Cu, Pb and Zn, while the Lukkacha property is host to a large alteration system typical of major porphyry copper deposits.

PERU

LIMA

OverviewSymbol: CSE: MONT

Outstanding Shares: 30,098,264Options: 0

Warrants: 4,233,332 (exercise price of $0.15)Post Financing O/S: 44,383,978

Financing Proposed Financing: up to $5 million at $0.35

Proposed Warrants: Full warrant at $0.50 for 2 years

Current OwnershipDirectors & Management: 40%

Insiders: 38%Free Float: 22%

Bill Pincus - President, Director Quinton Hennigh - Chairman, Director Tyson King - VP, Director Peter Drobeck - Director

Gerry Shields - Director Lesia Burianyk - CFO Leah Hodges - Corporate Secretary

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A W E L L S T R U C T U R E D C O M P A N Y W I T H E X P E R I E N C E D M A N A G E M E N T

ManagementandDirectors

Insiders

FreeFloat

Proposed Directors and Management

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W H Y P E R U ?

Peru is a politically stable and mining friendly jurisdiction where 14% of GDP and 60% of all exports is attributed to the mining industry.

Peru is coming off an excellent year of growth. The economy expanded 3.9% in 2016 driven largely by a booming copper business.

Peru is currently:

♦ The 2nd largest global producer in Copper.

♦ The 2nd largest global producer of Silver.

♦ The 6th largest global producer in Gold.

Target: Au, Ag, Cu, Pb, Zn

Location: SE Peru along regional trend of epither-mal & CRD deposits.

Deposit Target: Volcanic - hosted bulk tonnage Au - Ag. Additional vein and manto targets also exist.

Property Size: Comprised of two concessions cover-ing 988.7 Ha.

Access: Year round access via two lane highway connecting Arequipa and Juliaca.

T W O E X C E L L E N T P R O S P E C T S

Target: Copper

Location: SE Peru along regional trend of giant Southern Peru Cu deposits, Cerro Verde, Cuajone, Quelleveco, and Toquepala.

Deposit Target: Cu Porphyry Deposit.

Property Size: Comprised of 7 concessions covering 4400 hectares. Access: Paved and all weather road.

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Cerro Hermoso Lukkacha

C E R R O H E R M O S O O V E R V I E W

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• 988 Ha Covering 2 concessions

• 60 kms from Major trade city Juliaca

• 6 Kms from the supply town of Santa Lucia

• Year round access via two lane highway

C E R R O H E R M O S O I S W I T H I N A W E L L - K N O W N M I N I N G R E G I O N

Located along regional trend of CRD & Epithermal deposits.

10 kms NW -> Ciemsa’s Tacaza Cu Mine.

8 kms East -> Valor Mineral’s Berenguela mantos Project with total indicated plus infer-ered resources of 87m oz Ag.

55 kms South -> Buenaventura’s “San Gabriel” breccia pipe Au, Cu, Ag project (7.6m oz Au eq.).

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M U LT I P L E S T Y L E S O F M I N E R A L I Z A T I O N S H O W L A R G E S Y S T E M P O T E N T I A L

Cerro Hermoso Targets:

1) Principle Target: Volcanic Breccia Pipe bulk tonnage Au - Ag target.

2) Radial Veins Au, Ag - Cu > Pb - Zn -> host to 5 historic high grade mines around the perimeter of dia-treme

3) Carbonate Replacement Deposits (CRD) Ag - Cu - Limestones at depth altered by contact with igneous rock reported grades as 115g/t Ag, 8.45% Pb and 8.06% Zn

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C E R R O H E R M O S O - A B U L K T O N N A G E A U - A G P R O S P E C T

♦ Au - Ag mineralization hosted by an explosive volcanic pipe (Diatreme Breccia).

♦ The pipe is over 1400 meters in diameter providing a very large volume of potentially mineralized material.

♦ Outcrop channel sampling has shown extensive and widespread areas of gold mineralization at surface, including 43 meters averaging 1.79 grams per tonne gold.

The disseminated Au - Ag together with other styles of mineralization in the

district indicate a potentially large mineralized system that is open to depth..

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V O L C A N I C P I P E ( D I A T R E M E ) I S 1 . 4 K M I N D I A M E T E R

The diatreme is a steep - sided, upwardly flaring chimney - like structure that is associated to mineralization to radial mines and veins located at the periphery of Cerro Hermoso.

Diameter = 1.4km

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S U R F A C E A N D R O C K C H I P S A M P L I N G R E T U R N E D E X C E L L E N T R E S U LT S

Au, Ag and Cu have been found in highly anomalous values throughout the diatre-me.

Channel sampling by previ-ous operators of outcropped breccia units yielded:• 50 meters at 1.12 gpt Au, • 43 meters at 1.79 gpt

Au

91 rock chip samples in 400 x 100m area within the brec-cia pipe averaged 0.9gpt Au. Grab samples collected in-clude up to:• 15 gpt Au, • 6870 gpt Ag • +6% Cu

*Au - Ag mineralization hosted in the Cerro Hermoso diatreme breccia has the same characteristics as mined vein occurences in the annulus of

the diatreme

High grade vein systems that formed on the perimeter of the diatreme wall have been mined for 40+ years.

• 5 mines have historically been mined to a depth of 300m

- Minsur operated Santa Barba-ra Mine 1966 – 1990, milling 740,000T

Mined Ag-Cu-Pb-Zn ores, - cut off grades approx:

450 gpt Ag 2% Cu 1% Pb.

Minsur Mine has 9 levels to 240m, expanding for over 2km.

Reports indicate that ore grade increased to 3% Cu at depth. This mineralized material was never mined nor explored below. Mine abandoned after cave in.

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HIGH GRADE CONCENTRIC MINES SURROUND THE OUTLIER OF THE DIATREME COMPLEX

Samples taken from the Cerro Hermo-so Vein returned high Au - Ag grades.

3 samples yielded 11.2, 46.8 and 160 gpt Au

*Integration of the Santa Barbara vein system and Cerro Hermoso diatreme breccia mineralization may be shown by the trace of mine level 3831 that connects Santa Barbara to Cerro Hermoso.

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E X P L O R A T I O N M O D E L I S W E L L - D E F I N E D

Depth limit of mineralization is assumed to be at least as deep as the productive range of the Santa Barbara Vein system - not yet defined at levels below 300m below surface. At Penasquito (Mx), a producing Breccia pipe, Au - base metal mineralization extends from surface to 800m down towards the root zone of

the diatreme structure.

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S H O W S S I M I L A R I T I E S T O P R O D U C I N G B R E C C I A P I P E S

Penasquito Deposit Model

Cerro Hermoso Model

These two cross-sections show a comparison of breccia pipes between Cerro Hermoso and the Peñasco breccia pipe; the primary pipe at Gold Corp’s Peñasquito deposit in Mexico.

Penasquito Mine, GoldCorp, Mexico (~10M oz Au, >600M oz Ag) 4th largest Silver Mine in the world.

The two pipes are of similar:

• Structural setting

• Scale

• Style of alteration

• Associated intrusive rocks

suggesting that disseminated Au - Ag mineraliza-tion may be found over a long vertical range at Cerro Hermoso..

Breccia Pipe

Limestone

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Q3 Planned:

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C E R R O H E R M O S O E X P L O R A T I O N P L A N

On-Going:

• detailed mapping of veins and attempt to map sepa-rate phases of breccia with higher grades.

• continue channel sampling + rock-chip sampling.

Q3 Planned:

• map all accessible underground workings.

• Perform ground-based IP geo-physics over diatreme.

Q4 Planned:

• 5,000 meter diamond drilling program.

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• _• 4400 Hectares in SE Peru

• A World Class Cu Producing District

• Supply town of Tarata is a 2 hour drive from Tacna airport

• Property is located 8kms from Tarata

• Property is accessed by all weather road

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L U K K A C H A – P R O P E R T Y L O C A T I O N

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L U K K A C H A - H U N T I N G E L E P H A N T S I N E L E P H A N T C O U N T R Y

Lukkacha is located along the trend of Peru’s largest copper deposits of:

Cerro Verde: 3,900 Mt @ 0.39% Cu Cuajone: 2,075 Mt @ 0.50% Cu Quelleveco: 950 Mt @ 0.63% Cu Toquepala: 2,226 Mt @ 0.54% Cu

• A NW-striking belt of copper deposits aligned near the Incapuquio Fault.

The geologic setting at Lukkacha is similar to the nearby Toquepala Mine Complex, one of Peru’s largest copper mines.

• Lukkacha is located 50km SE of Toquepala

Proximity to border requires special govern-ment approval. The application process is now underway.

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L U K K A C H A - A N E W P O R P H Y R Y S Y S T E M

Classic setting for a major buried porphyry Cu deposit.

Typical porphyry alteration (propylitic/phyllic) is well defined over three square kilometers.

• Indicates near top of mineralized zone.

Alteration is coincident with anomalous Cu and Mo rock-chip samples.

Zones of intense stockwork and sheeted veins show evidence of extensive hydrothermal ac-tivity and structural preparation of host rocks to receive mineralized fluids.

Tourmaline Breccia body occupies west margin of phyllic alteration zone

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A N O M A L O U S C U V A L U E S A R E C O I N C I D E N T W I T H C L A S S I C H A L O - L I K E P O R P H Y R Y A LT E R A T I O N Z O N E S

Well defined system with anomalous Cu, Mo, Potassium, Bismuth and Zinc over core target region. Similar host rock and alteration leaching to nearby Toquepala Mine complex

Alteration mapping should be considered preliminary at this stage

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Z O N E S O F I N T E N S E S H E E T E D V E I N S I N D I C A T E S T R U C T U R A L P R E P A R A T I O N

Z O N E S O F C L A S S I C S T O C K W O R K V E I N I N G , L I K E T H E S E F O U N D A T L U K K A C H A , A R E C O M M O N I N R E G I O N A L P O R P H Y R Y D E P O S I T S

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L U K K A C H A – C O N C E P T U A L P R O J E C T M O D E L

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The combination of :

Similar geological setting to along trend porphyry deposits

+exceptional and- strongly developed stockwork and sheeted veins, with a multi phase intrusive center

+A large and clear geochemical anomaly

Indicate that the property has excellent potential to host a world-class porphyry Cu deposit.

Potential Ore Zone Lukkacha Project

Present Erosion Level Lukkacha Project

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C O N T A C T

C S E : M O N T

For more information contact:

Leo Karabelas+1 (416) 543 - 3120

[email protected]

Tyson King +1 (778) 968 - 8494

[email protected]

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A P P E N D I X - D I R E C T O R S A N D M A N A G E M E N T

Bill Pincus, M.Sc., P.Geo., President, Director Mr. Pincus has 40 years of experience as a geologist, consultant and executive in the minerals industry. He has held senior positions in FMC Gold (later Meridian), Sunshine Mining and various junior companies. Starting in 2002 he formed Esper-anza Resources and served as CEO/President. Esperanza successfully discovered two deposits in Mexico and Peru before its acquisition by Alamos Gold. He has extensive Peruvian experience having lived and worked there for over 25 years.

Tyson King, VP, Director

Mr. King holds a BA in Economics from the University of Calgary and is a founder of Miramont Resources. Since 2007 Mr. King has been involved in management of nu-merous publicly trading and private held companies in the commodities and natural resource sector, where he’s actively engaged in overseeing day-to-day operations and exploration activity.

Peter Drobeck, M.Sc., P.Geo., Q.P.,Director

Mr. Drobeck is a bi-lingual Denver based geologist with 36 years’ experience in business development, exploration, mining geology, and exploration management, mostly in the Americas hemisphere, including working as Senior VP Exploration AuRico and VP Exploration Electrum. Mr. Drobeck is a Qualified Person. Leading role in multiple discoveries totaling over 25M oz Au.

Dr. Quinton Hennigh, PhD, P.Geo., Chairman, DirectorDr. Quinton Hennigh is an economic geologist with more than 25 years of explora-tion experience with major gold mining firms including Homestake Mining, Newcrest Mining and Newmont Mining. Currently, Dr. Hennigh is President, CEO and director of Novo Resources Corp. that is developing a gold mine in western Australia, as well as serving as and director of Irving Resources Inc., TriStar Gold Inc., Precipitate Gold Corp and NV Gold Corp.

Gerry Shields, Director

Mr. Shields was engaged in the practice of law from 1979 through 2006 in Ottawa, Calgary and Vancouver, specializing in corporate/commercial law, corporate finance and securities, and mergers and acquisitions. Mr. Shields was a founding share-holder of Rainy River Resources Ltd., a TSX listed gold exploration company. and was engaged as Vice President, Administration in 2009. Mr. Shields also served as President of Ryland Oil until its sale to Crescent Point Energy in 2010.

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A P P E N D I X - D I R E C T O R S A N D M A N A G E M E N T

Leah Hodges, Corporate Secretary

Mrs. Hodges has over 12 years of experience in corporate compliance and admin-istration of public and private companies, specializing in corporate and securities law, corporate governance, mergers and acquisitions. Mrs. Hodges is a Commis-sioner for Taking Affidavits in British Columbia, has an Associate of Arts degree from Capilano University, has completed the Corporate Governance course through the Canadian Securities Institute and is a member of the Governance Professionals of Canada and Institute of Corporate Directors.

Lesia Burianyk, CFO

Ms. Burianyk has over 15 years of experience working for public and private compa-nies. She served as CFO of Suparna Gold Corp., Declan Resources Inc., and eShip-pers Managements Ltd. She is a CPA, CA and holds a Bachelor of Business Adminis-tration degree from Simon Fraser University. Ms. Burianyk was previously employed as an audit manager at a Canadian accounting firm where she specialized in the mining industry.