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(1)

Barkerville Gold Mines

Investor presentation q4 2015

Mines are

found in the

shadows of

headframes

(2)

Forward

Looking

statement

This presentation and the material contained herein are confidential and are for information purposes only and may not be reproduced or distributed to any other person or published, in whole or in part, for any purpose whatsoever. This presentation and the material contained herein do not constitute a general advertisement or general solicitation or an offer to sell or a solicitation to buy any securities in any jurisdiction. Such an offer can only be made by prospectus or other authorized offering document. This presentation and materials or fact of their distribution or communication shall not form the basis of, or be relied on in connection with, any contract, commitment or investment decision whatsoever in relation thereto. Barkerville Gold Mines Ltd.’s (the “Company”) securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to or for the account or benefit of U.S. Persons absent U.S. Registration or an applicable exemption from U.S. registration requirements. Any public offering in the United States must be made by means of a prospectus containing detailed information about the Company and management, as well as financial statements. The information in this presentation is not intended in any way to qualify, modify or supplement any prospectus or other information disclosed under the corporate and securities legislation of any jurisdiction relating to the Company. No securities commission or similar authority in Canada has in any was passed upon the adequacy or accuracy of the information contained in this presentation.

Some of the statements contained in the following material are “forward-looking statements”. All statements in this presentation, other than statements of historical facts, that address estimated mineral resource and reserve quantities, grades and contained metal, and possible future mining, exploration and development activities, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statement or information. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices for metals, the conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of resources, mining rates and recovery rates and the lack of availability of necessary capital, which may not be available to the Company on terms acceptable to it or at all. All phases of the Company’s operations are subject to environmental regulation and government approval and permits and there can be no assurance that the Company will obtain all the requisite permits for future development. The Company is subject to the specific risks inherent in the mining business as well as general economic and business conditions. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation. For more information on the Company, readers should refer to www.sedar.com for the Company’s filings with the Canadian securities regulatory authorities.

(3)

BGM is focused on

finding and mining

high-grade gold

deposits

across the

breadth of

British Columbia’s

Cariboo

Mining District,

one of

the most celebrated

and prospective gold

districts in Canada.

STRONG

leadership

FOCUSED

PLAN

CLEAR

DIRECTION

(4)

4

Property map

British Columbia’s

Cariboo Mining District

one of the last great

undeveloped gold camps in

Canada.

high grade GOLD mine at bonanza Ledge

2.8 M Oz indicated and 2.0 M oz Inferred

43-101 at Cow Mountain

6 Past producing Mines

(5)

REGIONAL LONG SECTION

(6)

STRONG Leadership

management and board

Billions

in value

created

6

Thomas

obradovich

president & ceo

Anthony

makuch

director

Greg

gibson

chairman

Paul

geddes

VP Exploration

• 30+ years mining exploration, development

• President and CEO of Young Davidson Mines

• Co-Founder and Lead Director of Aurelian Resources,

acquired by Kinross Gold Mines for $1.2 billion (2008)

• Lead Director, Daldarian Resources

• 30+ years in the mining industry in Canada

• Mine manager of Dynatec. President and CEO of Trelawney Mining and

Exploration when acquired by IAMGOLD for $608 million (2012)

• Noranda Mining and Exploration Ltd., Teck Exploration Ltd.

• 1000% increase in global gold resources for Rainy River prior to

the company’s takeover by New Gold in October 2013

• Professional engineer (Ontario)

• President and CEO of Lake Shore Gold Corp

• Senior VP and COO of FNX Mining Company Inc.

CHRIS

LODDER

director

• 25+ years of Greenfield and Brownfield exploration

• Former Exploration Manager for the Americas for AngloGold Ashanti

• Discovered La Colosa project, with a resource of 28M oz. Au

(7)

STRONG Leadership

management and board

Billions

in value

created

7

Anthony

makuch

director

GREG

gibson

co-chairman

Paul

geddes

VP, Exploration

Thomas

obradovich

president & ceo

• 30+ years mining exploration, development • President and CEO of Young Davidson Mines • Co-Founder and Lead Director of Aurelian Resources,

acquired by Kinross Gold Mines for $1.2 billion (2008) • Lead Director, Daldarian Resources

• 30+ years in the mining industry in Canada • Mine manager of Dynatec. President and CEO of

Trelawney Mining and Exploration when acquired by IAMGOLD for $608 million (2012)

• Noranda Mining and Exploration Ltd., Teck Exploration Ltd.

• 1000% increase in global gold resources for Rainy River prior to the company’s takeover by New Gold in October 2013

• Professional engineer (Ontario)

• President and CEO of Lake Shore Gold Corp • Senior VP and COO of FNX Mining Company Inc.

CHRIS

LODDER

DIRECTOR

• 25+ years of Greenfield and Brownfield exploration Former Exploration Manager for the Americas for AngloGold Ashanti

• Discovered La Colosa project, with a resource of 28M oz. Au

SEAN

ROUSSON

co-chairman

• Chairman and CEO Osisko Gold Royalties Inc.

• Led the transition of Old Osisko from a junior exploration company to a leading intermediate gold producer.

• Instrumental in $1 billion financing and development of Malarctic Mine. • Graduate of Haileybury school of mines and co-winner of 2007

(8)

Milestones

achieved

>

ELIMINATED

$28M + in debt and payables

>

Strong free cash generated from gold sales

>

Raised

$20.6M+ in capital

from flow-through financings

>

ANNOUNCED

$25M

non-dilutive funding for

1.5% NSR

>

HIRED new technical and management team

>

Commenced

fully-funded 50,000M

drill program

>

Identified new mineralized zones

>

Mined and milled

28,936 tonnes

with a head grade of

12.55

g/tonne

and recoveries of

95.6%

>

NEW HIGH GRADE gold HORIZON DISCOVERED

500m

east

of Bonanza ledge

8

(9)

2016

Priorities

1 commence small-scale production

at bonanza ledge and bc vein

2 Upgrade, define, and expand

cow mountain

resource

and

initiate feasibility study

3 Develop

regional targets

(10)

BONANZA LEDGE

COmmence small-scale production at bonanza ledge and BC

vein

(11)

Phase I pit

CONCEPTU

AL

DEVELOPM

ENT

BC

VEIN

Potential

Remaining au

mineralization

SURFA

CE

section

(LOOKING

NORTHWEST)

Barkerville mountain

BONANZA LEDGE

SCOPING STUDY

11

(12)

DRILL PLAN

3D IMAGES

(13)

2015 drill program

Highlight 1

Highlight 2

Highlight 3

(14)

13

(15)
(16)

15

(17)
(18)

17

(19)
(20)

19

Upgrade, define, and expand cow

mountain resource and initiate feasibility

study

(21)
(22)

CURRENT

Cow mountain

resource

Category

Tonnage (Mt)

Grade (g/t)

Contained Gold (Moz)

Indicated

35.8

2.4

2.8

inferred

27.5

2.3

2.0

21

2012

2015

Contained

Gold (Moz)

inferred indicated

1.04

3.94

2.00

2.80

(23)

Indicated category

Inferred category

Au Cut-off

grade (g/t)

Tonnage

(Mt)

Au Grade

(g/t)

Contained

au (Moz)

Tonnage

(Mt)

Au Grade

(g/t)

Contained

au (Moz)

0.2

65.95

1.45

3.1

54.10

1.33

2.3

0.4

42.31

2.10

2.9

32.85

2.00

2.1

0.5

35.81

2.40

2.8

27.54

2.30

2.0

0.7

27.30

2.96

2.6

20.99

2.83

1.9

1.0

20.13

3.72

2.4

15.47

3.55

1.8

1.5

13.77

4.87

2.2

10.56

4.63

1.6

2.0

10.22

5.97

2.0

7.89

5.61

1.4

2.5

8.05

6.97

1.8

6.19

6.54

1.3

3.0

6.51

7.98

1.7

5.02

7.43

1.2

3.5

5.44

8.91

1.6

4.05

8.43

1.1

4.0

4.63

9.81

1.5

3.32

9.46

1.0

4.5

4.00

10.69

1.4

2.80

10.43

0.9

5.0

3.51

11.53

1.3

2.42

11.33

0.9

Cow

Mountain

Grade

tonnage

sensitivities

The reader is cautioned that the data presented in this table should not be misconstrued as a mineral resource statement. The figures are only shown to illustrate the sensitivities of the block model quantities and grade estimates to the selection of cut-off grade.

(24)

23

Develop regional targets

(25)
(26)

GOVERNMENT

DATA:

PLACER AND

MINERAL

OCCURRENCE

S

25

(27)

PLACEHOLDER SLIDE FOR

2016 drilling targets – paul g

(28)

WHY

INVEST?

Underexplored

high-grade

gold camp in canada

Debt-free

with

strong

shareholder base

Multi-million ounce resource

with

huge exploration Potential

50,000 metre drill program

underway

STRONG

leadership with

TRACK RECORD of

success

Well-financed

with strong balance sheet

z

(29)

Current

share structure

Basic Shares

Outstanding

227,442,168

Warrants

9,360,000

options

6,096,659

Fully diluted

242,898,827

52 week range

$0.105

-$0.470

Market capitalization

~$53M

As at November 16, 2015

CONTACT

Thomas (Tom) Obradovich

MOBILE: +1 416 985 7140

EMAIL: tobradovich@barkervillegold.com

WEB: www.barkervillegold.com

(30)

29

(31)

Cariboo gold project

Long

section

(32)

32

(33)

33

Drilling

Plan Map – 2015 Drill

program

Drilling Highlights

(BC VEIN and

TC AREA)

20.58 g/t (0.60 oz/t) Au over 3.90 metres,

including

59.36 g/t (1.73 oz/t) Au over 0.90 metres

18.04 g/t (0.53 oz/t) Au over 3.35 metres,

including

37.78 g/t (1.10 oz/t) Au over 1.55 metres

14.69 g/t (0.43 oz/t) Au over 6.00 metres,

including

103.97 g/t (3.03 oz/t) Au over 0.65 metres

10.32 g/t (0.30 oz/t) Au over 9.60 metres,

including

57.96 g/t (1.69 oz/t) Au over 0.90 metres

10.90 g/t (0.24 oz/t) Au over 8.13 metres,

(34)

34

Drilling

Plan Map with New High Grade Gold Horizon

Discovery

Drilling Highlights

(KL Horizon)

8.38 g/t Au over 1.77 metres, including

11.95 g/t Au over 0.79 metres

13.47 G/T AU OVER 0.52 Metres

4.83 g/t Au over 4.8 metres, including

15.04 g/t Au over 0.8 metres

6.39 g/t Au over 7.3 metres, including

15.63 G/T Au over 1.05 metres

13.95 g/t Au over 1.9 metres, including

15.34 g/t Au over 1.6 metres

(35)

HolE

Width (M)

Grade

(g/t)

GRADE

(oz/t)

BC99-18

10.82

15.60

0.45

BC99-18

6.10

6.67

0.19

BC99-06

15.09

10.81

0.32

BC99-08

7.32

10.01

0.29

Bc02-03

14.94

24.15

0.70

BC01-20

4.69

12.87

0.38

BC01-21

2.08

8.26

0.24

One metre equal length composites.

Assays less than 0.5 g/t Au not shown for clarity. Grid squares 20 metres.

BC VEIN

(36)

>

DRILLING PERMIT APPROVALS

PENDING Q4 2015

>

DATABASE CLEANUP FINALIZED

>

CATEGORY CONVERSION DRILLING

PLANNED H1 2016

>

INFERRED TO INDICATED

CONVERSION

>

PREPATORY WORK FOR

FEASIBILITY

>

POSSIBLE CATALYST FOR

SHARE PRICE APPRECIATION

COW MOUNTAIN

STATUS

(37)

The case

for

missing

ore

Mine/Area

Quartz Ore

Pyrite Ore

Total Ore Recovered

Total Recovered

Mining

Period

Tons

oz/To

n

Tons

oz/To

n

Tons Grade oz/Ton

Au oz

Ag oz

Cariboo Gold Quartz Mine

1933-1959

1,626,699 0.39

55,252 0.60

1,681,951

0.37

626,755

56,092

Island Mountain and Aurum

Mines

1934-1967

761,646 0.35

483,649

0.67

1,245,295

0.46

569,528

81,658

Mosquito Creek Gold Mine

1980-1983

7,969 0.14

78,279 0.45

86,248

0.32

27,384

7,747

Mosquito Creek Gold Mine

1984-1987

-

-

16,900 0.44

16,900

0.41

6,897

2,134

Totals (Tonnage weighted

grade)

2,396,314

0.38 634,080 0.63

3,030,394

0.41 1,230,564 147,631

Mosquito Creek Gold Mine

Island Mountain Mine

Cariboo Gold Quartz Mine

Quartz Ore Pyrite Ore

(38)

Mosquito Creek Gold Mine

Island Mountain Mine

Cariboo Gold Quartz Mine

Quartz Ore Pyrite Ore

HISTORICALLY

MINED ORE

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