Discovering World Class Gold Deposits

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October 2016
Disclaimer
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This document has been prepared by Auryn Resources Inc. (the Company) solely for informational purposes. This presentation (the
Presentation) is the sole responsibility of the Company. Information contained herein does not purport to be complete and is subject to
certain qualifications and assumptions and should not be relied upon for the purposes of making an investment in the securities or entering
into any transaction. The information and opinions contained in the presentation are provided as at the date of this presentation and are
subject to change without notice and, in furnishing the presentation, the Company does not undertake or agree to any obligation to provide
recipients with access to any additional information or to update or correct the presentation.

No securities commission or similar regulatory authority has passed on the merits of any securities referred to in the presentation, nor has it
passed on or reviewed the presentation. Cautionary note to United States investors - the information contained in the presentation uses terms
that comply with reporting standards in Canada and certain estimates are made in accordance with National Instrument 43-101 - Standards
for Disclosure for Mineral Projects (NI 43-101). The presentation uses the terms other resources, measured, indicated and inferred
resources. United states investors are advised that, while such terms are recognized and required by Canadian securities laws, the SEC does
not recognize them. Under United States standards, mineralization may not be classified as ore or a reserve unless the determination has
been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made.
United states investors are cautioned not to assume that all or any part of measured or indicated resources will ever be converted into
reserves. Further, inferred resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or
economically. It cannot be assumed that all or any part of the inferred resources will ever be upgraded to a higher category. Therefore,
United States investors are also cautioned not to assume that all or any part of the inferred resources exist, or that they can be mined legally
or economically.

Under Canadian rules, estimates of inferred resources may not form the basis of feasibility or pre-feasibility studies except in limited cases.
Disclosure of contained ounces is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to
report mineralization that does not constitute reserves as in place tonnage and grade without reference to unit measures. Accordingly,
information concerning descriptions of mineralization, mineral resources and mineral reserves contained in the presentation, may not be
comparable to and disclosure requirements of the SEC.

The presentation may contain "forward-looking statements". Forward-looking information is information that includes implied future
performance and/or forecast information including information relating to, or associated with, exploration and or development of mineral
properties. These statements or graphical information involve known and unknown risks, uncertainties and other factors which may cause
actual results, performance or achievements of the Company to be materially dierent (either positively or negatively) from any future results,
performance or achievements expressed or implied by such forward-looking statements.

Michael Henrichsen (Chief Operating Ocer), P. Geo is the QP who assumes responsibility for the technical contents of this Presentation.

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Record of Success
RESOURCES

Our team has raised over $450 million and monetized successes in two
previous companies

Took an exploration discovery company to

production, 2005 2016 Producing
(Ramping up to 450,000 ounces / year)

Sold an exploration discovery company

pre-resource, 2010 2014
Sold
(Sold for $205 million to Agnico Eagle in 2014)

Built a major exploration discovery portfolio

and team, 2013 currently undergoing major
Exploring
exploration and drilling programs
(Estimating 40,000 - 60,000 in 2017)

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 RESOURCES

Value Growth Execution

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Evolution of Auryn 24 Months
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Assembled a significant exploration technical team

Acquired two Canadian Gold Exploration companies
Acquired a Peruvian Gold Portfolio 4 projects
Completed 17,000 meters of exploration drilling at Committee Bay

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Capital Structure, Ownership, Performance
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Capitalization As of October 19, 2016

Shares Outstanding 66,629,983 Strategic Investors
Warrants @ $0.85 (exp. Aug. 5, 2017) 194,993 Retail 25%
Warrants @ $0.85 (exp. Aug. 14, 2017) 67,645 42%
Institutional
Warrants @ $1.70 (exp. Sept. 16, 2017) 1,742,500
Management " 15%
Warrants @ $1.40 (exp. May 4, 2018) 30,503 & Directors
Options outstanding (avg. price $1.76) 4,924,978 18%

Fully Diluted Shares Outstanding 73,590,602

Treasury $10 million

Announced Peru
Acquisitions Closed Homestake
Acquisition

Closed $15m
Bought Deal

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Management & Directors
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Management
!

Ivan Bebek Co-founder! Michael Henrichsen, MSc!

Executive Chairman, Director! Chief Geologist!
! !
Shawn Wallace Co-founder! Peter Rees, CPA, CA!
President, CEO & Director! CFO and Corporate Secretary!
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Daryl Rebeck! Russell Starr!
SVP, Corporate Finance! SVP, Communications!
! !
! !
Directors !
!

Ivan Bebek! !Steve Cook, LLB!

! !
Shawn Wallace! Gordon J. Fretwell, LLB!
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Dan McCoy, PhD! Keith Minty, P.Eng!
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Antonio Arribas, PhD, MSc! !
!
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World Class Technical Team Multiple Disciplines
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Michael Henrichsen: Chief Operating Officer/ Chief Geologist !

Former Global Structural Geologist Newmont!

David Smithson: VP Exploration!

Former Global Mapper/ Geologist Newmont; Technical Lead at Cayden Resources!

Antonio Arribas, PhD, MSc: Director!

Former Chief Geologist Newmont, Former VP Geological Sciences BHP Billiton!

Dan McCoy, PhD: Director !

Former Chief Geologist at Cayden Resources and Keegan Resources!

Rael Lipson, PhD: Technical Advisor!

Former Chief Exploration Geologist Gold Fields: +40 years global discovery experience! Newest senior member

Miles McAlister: Technical Advisor!

Former Exploration & Business Development Manager for Newmont (Africa Europe)!

Kim Cook: Geophysicist !

Former Global Geophysicist Newmont & Anglo: regarded as worlds leading magnetics interpreter!

Mike McMillan: Research Inversions Geophysicist (CGI UBC) !

Former Global Geophysicist Newmont: regarded as worlds leading EM and IP inversions!

Nigel Radford: Geochemist !

Former Chief Geochemist Newmont: +40 years of global experience!

Ralph Stea: Quaternary Geologist !

Former Surficial Geologist and Geochemist with Nova Scotia Department of Natural Resources!

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Our Vision Growth Through Discovery
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Committee Bay, Canada High Grade

Exploring a 300 km high-grade gold belt in
Northern Canada
Currently hosted a 1.2M oz gold deposit at
8 g/t Au*

Homestake Ridge, Canada High Grade

Currently hosts a significant high-grade gold
deposit with room for significant expansion
Excellent metallurgy and infrastructure

Peru
Huilacollo, Baos del Indio, Sombrero and
Curibaya
Scalable oxide gold deposits + porphyry
targets
Endowment and Potential

* A high grade subset of the April 2013 resource using a 3.5 g/t cuto, refer to slide 29

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Committee Bay = 300km Greenstone Belt
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Committee Bay 2016 Work Completed
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6 New Multi-Kilometer Target Areas Defined
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Three Bluffs Deposit Open for Significant Expansion
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2016 drilling 5 deep step out holes one hole still pending
Open at depth and along strike
Several untested targets within Three Blus

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Over $25m of Infrastructure at Committee Bay Turn Key Exploration
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Established Camp and Air Strip Heavy Equipment at Site

C130 Hercules Bringing in Equipment 5 Drill Rigs

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Homestake Deposit in the Golden Triangle, British Columbia
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* Refer to slide 30

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Homestake = Value + Exploration Upside
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Homestake Long Section
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Mineralization open for significant expansion

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 Peruvian Portfolio
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Southern Peru: Epithermal

gold discoveries and major
copper mines
4 multi-million ounce Au/
Ag epithermal deposits
discovered in the last 15
years in epithermal belt
Porphyry belt hosts 4 of
the largest copper
porphyry deposits in Peru

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Huilacollo Project: Advanced Gold Epithermal Oxide
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Mineralization body is open for expansion limited drilling to date

Resistivity highs/chargeability lows coincident with elevated gold in soils

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Huilacollo: Limited Drilling to Date
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Structural Setting of Baos del Indio and Huilacollo Concessions
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Baos del Indio: Considered by Auryn to be One of the Largest Untested Epithermal
Alteration System in Peru
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Chila View to the NE

Silica ribs

Carepia View to the NE

200m

Silica ledge

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Baos del Indio Exploration Model: "
Huilacollo as the Exploration Template Test the System to Depth
RESOURCES

Barroso Formation Upper Huilacollo Formation

Silica, Advanced-Argilic, Argilic &

Steam Heated Alteration Types

Baos del Indio Property

Upper Huilacollo Formation

Huilacollo Property
Lower Huilacollo Formation

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Sombrero
RESOURCES

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Sombrero Magnetics and Copper-Gold Geochemistry
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High grade gold and copper on

surface
Extensive copper-gold skarn
system hosted by limestones
cut by intrusive stocks
Ground magnetics and IP
completed
2.11g/t Au; 4.33% Cu Exoskarn Cu - Au 5.88 g/t Au; 9.09%Cu Diorite intrusive

Limestone

Quaternary

Limestone
* Refer to 43-101 report dated June 2010 as filed under Alturas Minerals Sedar profile at www.sedar.com

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Curibaya Porphyry Target
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The Future for Auryn Shareholders?
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Primary growth catalysts:

Discovery through large exploration programs
Estimating 40,000-60,000 meters of discovery drilling in 2017
Optionality
A majors exploration portfolio with a majors exploration team to explore it

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 RESOURCES

Appendix
1. Three Bluffs: Reserves and Resources

2. Combined Main Homestake, Homestake Silver and South Reef Resources

3. Peru Options Agreement (Huilacollo and Curibaya)

4. Peru Options Agreements (Baos del Indio)

5. Peru Options Agreement (Sombrero)

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 Three Bluffs: Reserves & Resources
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April 2013 Resource

Cut O Grade Gold Grade Contained Au
Class Tonnes (000)
(g/t Au) (g/t Au) (oz)
Indicated* Open Pit 1.35 3,600 4.81 557,000
Underground 2.50 716 5.46 126,000
Total 4,316 4.91 683,000
Inferred* Open Pit 1.35 1,000 5.24 169,000
Underground 2.50 4,520 5.48 796,000
Total 5,520 5.43 965,000

April 2013 High Grade Subset

Cut O Grade Gold Grade Contained Au
Class Tonnes (000)
(g/t Au) (g/t Au) (oz)
Indicated** Open Pit 3.50 1,474.3 8.60 407,514
Underground 3.50 379 7.74 94,215
Total 1,853 8.42 501,729
Inferred** Open Pit 3.50 524.4 8.13 137,043
Underground 3.50 2,830 6.98 635,136
Total 3,354.4 7.16 772,179
* Refer to NI43-101 report dated August 20, 2015 filed under Auryn Resources profile at www.sedar.com; Michael Henrichsen, P. Geo is the QP who assumes
responsibility for the technical contents of this Presentation.
** A subset of the April 2013 resource using a 3.5 g/t cuto, refer to NI43-101 report dated August 20, 2015 filed under Auryn Resources profile at www.sedar.com
The Committee Bay project is held 100% by Auryn subject to a 1% Net Smelter Royalty (NSR) on the entire project and an additional 1.5% NSR on a small portion of the project. The
1.5% NSR is payable on only 7,596 hectares and is buyable within two years of the commencement of commercial production for $2,000,000 for each one-third (0.5%) of the NSR.

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 Combined Main Homestake, Homestake Silver and South Reef Resources
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December 2012 Resource

Grade Contained Grade Contained Grade Contained
Tonnes
Class Au Au Ag Ag Cu Cu
(Mt)
(g/t) (oz) (g/t) (oz) (%) (Mlb)
$85/t Cut-o
Indicated 0.604 6.40 124,000 48.3 939,000 0.181 2.41
Inferred 6.77 4.19 911,000 93.6 20,400,000 0.111 16.6
$100/t Cut-o
Indicated 0.549 6.82 120,000 52.0 918,000 0.195 2.36
Inferred 5.60 4.70 846,000 105 19,000,000 0.113 14.0
$120/t Cut-o
Indicated 0.482 7.43 115,000 57.0 883,000 0.211 2.24
Inferred 4.47 5.42 779,000 117 16,900,000 0.118 11.6
1. CIM definitions were followed for Mineral Resources.
2. Mineral Resources utilize three separate block models constrained by 3D wireframes of the mineralized zones. The block models are comprised of an array of
blocks measuring 5 m x 5 m x 5 m, with grades for Au, Ag, Cu, and NSR values interpolated using ID3 weighting.
3. Mineral Resources are estimated using an average longterm gold price of US$1,500 per ounce Au, US$27 per ounce Ag, and US$3.50 per pound Cu, with an
exchange rate of C$1.00=US$1.00.
4. The NSR calculation included provisions for treatment charges, refining costs, transportation, and a 2% NSR royalty; and was calculated using Au, Ag and Cu
metallurgical recoveries of 92% Au, 88% Ag and 87.5% Cu in blocks where Cu%>0.1%; and was calculated using just Au and Ag recoveries in blocks with
<0.1% Cu.
5. The current estimate was prepared by Roscoe Postle Associates Inc. (RPA). David Rennie (P. Eng.) is the Principal Geologist for Roscoe Postle Associates Inc.
and is the Independent Qualified Person responsible for preparation and review of the Mineral Resource Estimate. (Effective date: Dec 31, 2012).
6. Refer to 43-101 report dated June 7, 2013 as filed under Homestake Resources Sedar profile at www.sedar.com
7. Certain claims within the Homestake Ridge project are subject to a 2% NSR, the majority of which is buyable for $1,000,000

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Peru Option Agreements (Huilacollo and Curibaya)
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The Huilacollo Property

Auryn Resources has acquired the rights to the Huilacollo property through an option agreement with a local
Peruvian company, Inversiones Sol S.A.C. (the Huilacollo Option). Under the Huilacollo option, the Company
may acquire a 100% interest, subject to a NSR*, through a combination of work expenditures and cash
payments as detailed in the table below:

Due dates Property Payments Work Expenditures

All amounts in US dollars

Effective Date (May 31, 2016) $ 250,000 -

Within 24 months of the Effective Date $ 500,000 $ 2,000,000

Within 36 months of the Effective Date - $ 3,000,000

Within 48 months of the Effective Date $ 250,000 -

Within 60 months of the Effective Date $ 250,000 $ 2,000,000

Within 72 months of the Effective Date $ 7,500,000 -

Total $ 8,750,000 $ 7,000,000

* The Huilacollo NSR is 1.5% on precious metals and 2.5% on base metals and buyable for $2,500,000 and $7,000,000, respectively.

The Curibaya Property

Auryn Resources has acquired 100% ownership in the Curibaya property through direct staking and the national
auction process. The total cost to acquire the licenses was approximately $200,000

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Peru Options Agreements (Baos del Indio)
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The Baos del Indio Property

Auryn Resources acquired the rights to the Baos del Indio property through an option agreement with a local
Peruvian company, Exploandes S.A.C (the Banos Option). Under the Baos Option, the Company may acquire
a 100% interest, subject to a net smelter return royalty (NSR*), through a combination of work expenditures and
cash payments (all dollar amounts are in USD) as detailed in the table below:

Due dates Property Payments Work Expenditures

All amounts in US dollars

On signing $ 100,000 -

Within 12 months of the commence of work (additional) $ 100,000 $ 200,000

Within 24 months of the commence of work (additional) $ 100,000 $ 250,000

Within 36 months of the commence of work (additional) $ 200,000 $ 1,000,000

Within 48 months of the commence of work (additional) $ 150,000 $ 2,000,000

Within 60 months of the commence of work (additional) $ 2,500,000 -

Total $ 3,150,000 $ 3,450,000

* The Baos del Indio NSR is 3.0% with 50% (being 1.5%) buyable for $6,000,000. In the event the Company does not complete a feasibility study within 3
years of exercising the option, an escalating advanced royalty starting at $200,000 per annum shall become payable. The total amount of the advanced
royalty is capped at $1.5 million. The Company is also obligated to pay a production bonus of $2,500,000 upon initial commercial production.

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Peru Option Agreements (Sombrero)
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The Sombrero Property

Under the terms of the Agreement dated on June 28th, 2016 (the Eective Date), Alturas granted to Auryn the
exclusive assignable right and conditional option (the Option) to acquire either 80% or 100% of the Sombrero
concessions
In order to exercise the Option and acquire a participating interests (Interest) for 80% of the Sombrero
concessions, Auryn must incur up to US$2.1 million work expenditures within a five year period and make cash
payments of $200,000 as follows:
$140,000 upon entering into this Agreement which has been paid; and
$60,000 on or before the first anniversary of the Effective Date
Upon Auryn having completed its requirements to earn an 80% interest in the Sombrero Project, the parties shall
form a customary 80:20 joint venture vehicle. For a period of 1 year after the formation of the Joint Venture (the
Initial Period), Alturas 20% interest shall be free carried and Auryn shall have a right to acquire the remaining
20% from Alturas for US$5 million

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 600 -1199 West Hastings Street
Vancouver, BC, Canada V6E 3T5
Phone: 778.729.0600
Fax: 778.729.0650
Toll Free: 1.800.863.8655
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Web: www.aurynresources.com
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