#1PARALLEL MINING Investor Presentation September 2017 Focused on Developing Two High-Grade Gold Projects in Burkina Faso PARALLEL MINING PARALLEL MINING PARALLEL PARALLEL TSX-V:PAL MINING VINING#22 PARALLEL MINING Disclaimer TSX-V: PAL The data contained herein is provided for information purposes only. Certain information has been compiled from sources believed to be reliable. No information in this presentation is to be construed as an offer to buy or sell securities. Some statements contained in this presentation are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include among other things, comments regarding mineral resource statements and exploration program performance. They may also include statements with respect to the company's mineral discoveries, plans, outlook and business strategy. The words "may," "would," "could," "should," "will," "likely," "expect," "anticipate," "intend," "estimate," "plan," "forecast," "project," and "believe" or other similar words and phrases are intended to identify forward- looking information. Factors that could cause actual results to differ materially include, but are not limited to, metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production, the ability to raise sufficient capital to fund exploration, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise. By continuing to read this presentation and any information provided with it, the reader agrees to hold the Company and its subsidiaries, and their respective officers, employees and agents harmless against any claims for damages or cost or any loss of any kind arising out of the access to or use of the Company's website or any information contained in or obtained through this presentation. Certain statements of quantity, grade, or metal or mineral content have not been verified by a Qualified Person as defined by NI 43-101, and were prepared prior to the issuer acquiring, or entering into an agreement to acquire, an interest in the property. Although the figures are relevant and generated from sources believed to be reliable, they have not been confirmed by a Qualified Person as defined by NI 43-101 and, accordingly, should not be relied upon as such.#33 PARALLEL MINING TSX-V: PAL The Garsay & Sebe Gold Projects Avocet Mining Plc. Inata Gold Mine MALI Semafo Inc. Mana Gold Mine Parallel Mining Corp. Garsay Gold Project Roxgold Inc. Yaramoko Gold Mine Endeavour Mining Corp. Houndé Gold Project Ouagadougou Parallel Mining Corp. Sebedougou Gold Project Sarama Resources Ltd. / Acacia Mining Plc. South Houndé Gold Project COTE D'IVOIRE GHANA 父 IAMGOLD Corp. Essakane Gold Mine Nordgold SE. Taparko Gold Mine NIGER N Legend TOGO City Operating Mine Advanced Project Undifferentiated Sediments Granites Greenstone Belts BENIN#4PARALLEL MINING TSX-V: PAL The Garsay & Sebe Projects - Overview Parallel Mining is focused on the development of high value, high potential advanced gold exploration projects in West Africa. The numerous high-grade gold intercepts recorded at Garsay and the initial results from Sebe provides Parallel Mining with a strong portfolio in Burkina Faso. The Garsay Gold Project • • • Encompasses a total area of 165 square kilometers Is proximal to Avocet Mining's 4.6 million ounce Inata Gold Project Only 220 kilometers northeast of the capital city Ouagadougou, in Burkina Faso The company holds the right to earn 100% interest in the property The Sebe Gold Project . • The 100.08-square kilometre property is located in the Houndé Greenstone Belt Situated between the producing gold deposits Houndé and South Houndé operated by Endeavour Mining and Acacia Mining respectively The company holds the right to earn 100% interest in the property#5PARALLEL MINING TSX-V: PAL 5 Garsay Gold Project - Overview In 2010 a Newmont Mining Corporation subsidiary optioned the Garsay property and: . . Undertook a systematic exploration program, including ground geochemistry, geophysical surveys and trenching The exploration was highly successful, and identified a gold anomaly which was traced over 1500 meters north to south and 500 meters east-west This was supplemented by 1467 meters of Air Core Drilling, 9407 meters of Reverse Circulation Drilling and 1508 meters of diamond drilling In 2015 a Rotary Air Blast Drilling campaign consisting of 1062 meters over 17 holes - to test near surface strike extensions of mineralized zones identified by Newmont resulted in significant results The RAB program demonstrated the mineralized structures identified by Newmont do extend along strike, with the potential for other parallel structures also existing#6PARALLEL MINING TSX-V: PAL Garsay Gold Project - Exploration Results Hole # Date Zone (m) From To (m) Intercept (m) Au (est true) From To Intercept (m) Au Hole # Date Zone (g/t) (m) (m) (est true) (g/t) GRC03 2 2012 N 70 72 2 (1.4) 178.50 incl. 42 46 4 (2.8) 5.33 GRC05 2012 SW 72 76 4 (2.8) 2.75 and 87 95 8 (5.7) 1.76 6 and 83 86 3 (2.1) 13.17 and 101 102 1 (0.7) 11.00 GRC05 2012 SW 7 30 31 1 (0.7) 14.40 GDD04 2013 SE 81 82 1 (0.7) 11.15 and 45 47 2 (1.4) 3.82 and 86 92 6 (4.2) 1.98 and 70 72 2 (1.4) 4.46 and 104 109 5 (3.5) 1.52 and 89 102 13 (9.1) 4.58 and 183.22 183.78 0.56 (0.4) 10.35 incl. 92 2 96 4 (2.8) 11.16 GDD00 7 2013 107 114 7 (4.9) 1.71 GDD03 2013 SE 50.66 53 2.34 (1.4) 5.90 and 130 136 6 (4.2) 3.72 and 113 14 (9.8) 5.55 and 193 194 1 (0.7) 18.8 incl. 105 108 3 (2.1) 19.42 GDD00 8 2013 13 N 1 173 174 1 (0.7) 8.73 SW 250 253 3 (2.1) 20.37 and 185 190 5 (3.5) 3.20 GDD01 2013 SW 42 51 9 (6.3) 3.09 and 217 219 2 (1.4) 4.43 From 2010-2013 Newmont Mining spent over US$2 million on geophysics, soil and pit sampling, and 166 drill holes totaling 12,355m* * 6 Newmont exploration results have not been verified by a Qualified Person and should be treated as historical.#77 PARALLEL MINING TSX-V: PAL Garsay Gold Project - Exploration Results Since optioning the property, the Company's exploration team has continued to identify several high-grade targets along a 1,500 metre strike length. Significant intersections from these targets include the following: Hole # Date Zone From (m) To (m) Intercept (m) (est true) Au (g/t) GSRAB15-03 2015 N 50 60 10 (9.0) 3.00 GSRAB15-05 2015 SE 44 54 10 (9.0) 3.02 GSRAB15-10 2015 SW 32 44 12 (10.8) 12.39 incl. 40 44 4 (3.6) 33.70 GSRAB16-13 2016 SW 30 46 16 (14.4) 4.79 incl. 30 34 4 (3.6) 7.21 incl. 42 46 4 (3.6) 7.21 GSRAB16-15 2016 SW 32 46 14 (12.6) 3.27 DD16-01 2016 SE 454.1 455.8 1.7 (1.6) 5.03 DD16-03 2016 SW 103.5 106.6 3.1 (2.7) 4.24 and 115.5 117.8 2.3 (1.8) 5.22#88 PARALLEL MINING TSX-V: PAL Garsay Gold Project – Plan View Garsay North Zone GRC032 178.5 gpt Au/ 2.0m * * * xxxxx * * ব - GDD007 1.7 gpt Au/7.0m 3.7 gpt Au/6.0m * * Δ * * ******** * * * * * GRC057 4.6 gpt Au/13.0m GDD001 3.1 gpt Au/9.0m GRC056 2.8 gpt Au/4.0m 13.2 gpt Au/ 3.0m GDD-003 5.9 gpt Au/2.3 m 5.6 g/t Au/14.0m Garsay South Zone ㅁ বববববব GSRAB15-010 12.4 gpt Au/12.0m * * GSRAB16-013 4.8 gpt Au/16.0m 0 200m CRIX • 2010-2013 work by Newmont Mining focused on discovery of low grade bulk tonnage gold deposit at Garsay • 2014-2016 work focused on higher. grade intercepts associated with volcanic-intrusive contacts • Recent work has confirmed prior high. grade zones and discovered extensions and new zones. ⚫2017 drill programs will focus on resource development and discovery of new zones. Lithology Mafic Intrusives Granites Mafic Volcanics Drilling * Reverse Circulation ▲ Rotary Air Blast (RAB) Core DDH with Significant Gold Intercepts#99 PARALLEL MINING TSX-V: PAL Garsay Gold Project – South Target Profile W Looking North GRC059 GRC058 4.7/4.0 88 GRC012 3.7/2.0 300 Elev 14.4 gpt/1.0m I 3.0/9.0 3.8/2.0 12.6/2.0 4.5/2.0 17.3 gpt/1.0m 3.4/2.0 1 2.3/3.0 11.3 gpt/1.0m 200 Elev 100 Elev 0m CRix 50m 2.6/2.0 18.3/6.0 11 4.1/2.0 13.7 gpt/3.0m 20.4 gpt/3.0m 2.8/4.0 GRC011 GRC010 כ600 ? GRC100 GRC008 GRC007 GRC106 1.7/4.0 3.9/3.0 13.8/1.05.5/4.0 4.2/4.0 I 9.5/2.2 6.0/3.4 10.4 gpt/0.6m GDD003 GRC099 1.5/5.0 2.0/6.0 10.3 gpt/8.0m Incl. 24.2 gpt/3.0m Legend Lithology Saprolite E Limited deeper GDD004 Mafic Intrusive Granodiorite/Granite Mafic Volcanic Veining --- Assays Trend of Quartz Veins Significant Au >10 g/t Significant Au Between 1 and 10 g/t drilling along several profiles indicated high gold grades in multiple vein sets associated with intrusive/volcanic contacts at over 200 m in depth • The potential may exist for a high grade deposit mineable by open pit and underground methods.#1010 PARALLEL MINING TSX-V: PAL - Garsay Gold Project – The Camp The camp includes infrastructure and is accessible by road. INGERSOLL RA LL-RAND#1111 PARALLEL MINING TSX-V: PAL Garsay Gold Project - Option Terms Parallel Mining holds an option to acquire a 100% right to the Garsay exploration permit. The terms of the agreement are to pay the optionor: a) $30,000 USD January 30, 2015 b) $50,000 USD January 30, 2016 c) $100,000 USD January 30, 2017 d) $1,000,000 USD January 30, 2018 e) 1% net smelter royalty#1212 PARALLEL MINING TSX-V: PAL Sebe Gold Project - Overview Located in the Houndé Belt between Endeavour Mining's Houndé Project and Acacia Mining's South Houndé deposit in southwestern Burkina Faso. • . Houndé Belt considered a world-class, highly prospective gold mineralisation region Parallel is the first to conduct commercial exploration on the Sebe Permit and greenfield opportunities in this prolific belt are highly sought after The Houndé Belt also includes Roxgold's Yaramoko mine and Semafo's Mana mine This confirms the Houndé Belt potential to host multiple types and styles of gold deposits Artisanal mining active on the Sebe Gold Project covering a strike length of over 500 metres Historical data indicated samples taken at the bottom of artisanal mine shafts assayed between 3.0 and 6.6 grams per tonne (gpt) gold in 7 of the 9 shafts tested 8 surface grab samples taken in vicinity of shafts assayed between 2.9 & 7.8 gpt gold#1313 PARALLEL MINING TSX-V: PAL Sebe Gold Project - Drill Campaign Map To follow up on the previous assays, a recent drill campaign was conducted: . . The diamond drill program consisted of 726.0 meters in 5 holes A new zone was discovered consisting of 10.2 grams per tonne (gpt) gold over 4.5 meters from 31.5 to 36.0 meters in diamond drill hole SEB-DD-17-04 Included 24.9 gpt over 1.5m from 34.5 to 36.0m This initial intercept requires additional drilling to estimate the true width 11237200 11237000 11236600 11236800 436800 N SEB17DD-013 SEB17DD-012 SEB17DD-011 SEB17DD-010 SEB17DD-014 SEB17DD-015 437000 SEB17DD-008 SEB17DD-007 SEB17DD-016 North Central Zone SEB17DD-005 437200 SEB17DD-009 SEB16RAB-013 SEB16RAB-014 SEB17DD-001 Central Zone Drilling 2016 RAB Drill Holes Road Burkina Faso Project Location East Zone SEB17DD-006 SEB17DD-004 SEB16RAB-012 South East Zone PARALLEL SEB17DD-002 Hounde, Burkina Faso 2017 Diamond Drill Holes 0 200 Meters 436800 437000 SEB17DD-003 South Central Zone Parallel Mining 2017 Drill Program WGS 1984 UTM Zone 30S 437200 11236600 11236800 11237000 11237200#1414 PARALLEL MINING TSX-V: PAL Sebe Gold Project - Option Terms Parallel Mining holds an option to acquire a 100% right to the Sebe exploration permit. The terms of the agreement are to pay the owner: a) $10,000 USD – upon signing b) $50,000 USD - 12 months after signing c) $100,000 USD - 24 months after signing d) $1,000,000 USD – 36 months after signing - e) the owner will retain a 2% royalty on commercial mineral production from the property#1515 PARALLEL MINING Parallel Share Capital TSX-V: PAL Shares Outstanding: Warrants: 53,216,521 1,800,000 Expire 02-16-2019 2,900,000 Expire 03-18-2019 12,610,000 Expire 06-02-2019 1,100,000 Expire 06-13-2019 3,475,000 Expire 07-18-2019 6,512,500 Expire 02-27-2019 1,250,000 Expire 03-06-2019 Finders Warrants: 40,000 Expire 02-16-2019 160,000 Expire 03-18-2019 782,400 Expire 06-02-2019 88,000 Expire 06-13-2019 458,000 Expire 02-27-2019 132,000 Expire 03-06-2019 Fully Diluted Post Transaction: 84,524,421#1616 PARALLEL MINING Contact Information For more information, please contact: TSX-V: PAL Parallel Mining Corp. 750 West Pender Street Suite 804 Vancouver, BC Canada V6C 2T7 T +1 604 682 2928 F +1 604 685 6905 E [email protected] Website http://www.parallelmining.com John Anderson, CEO & President M +1 604 218 7400 E [email protected] Al Fabbro, Lead Director T +1 604 351 8850 E [email protected]