PROJECTS TARGETING:

Copper-Molybdenum-Gold Porphyry,
Gold-Silver Epithermal &
Silver-Copper Mesothermal Systems
TSX-V: FYL
IN BRITISH COLUMBIA

INVESTOR PRESENTATION
November 2021
CAUTIONARY/FORWARD-LOOKING INFORMATION

This presentation includes certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of
applicable Canadian securities legislation. All statements in this presentation that address events or developments that we expect to occur in the future are forward-
looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as
"expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative
connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and
estimates of management as of the date such statements are made. Forward-looking statements in this presentation include statements regarding, among others,
the exploration plans for the Company’s properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-
looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes,
and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of
assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental
approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for
Finlay’s proposed transactions and programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are
cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the
forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future
or otherwise, except as required by applicable law.

Wade Barnes, P. Geo., is the Vice President, Exploration and Qualified Person for Finlay Minerals Ltd. He has reviewed the technical aspects of this presentation.

2
PROPERTY
LOCATIONS

3
FINLAY TEAM

ROBERT F. BROWN, P. ENG. ALVIN JACKSON, B.Sc.

President, CEO and Director Independent Director
Former Vice President, Exploration for Great Panther Mining Vice President, Exploration and Development & Director of
Ltd. and geologist with LAC Minerals Freegold Ventures. Former President & CEO/COO of Eurozinc
Mining Corporation.
ILONA BARAKSO LINDSAY, B.Sc.
Vice President, Corporate Relations and Director DR. JOHN A. BARAKSO, DMD
Responsible for corporate administration and tenure Director
management. Ms. Lindsay is a director of the Barakso family Retired from dentistry after 29 years. Dr. Barakso is a director of
companies. the Barakso family companies.

RICHARD T. DAUPHINEE, B.Sc. DAVID A. SCHWARTZ, B. COMM., J.D.

CFO and Director Secretary and Director
Retired Chartered Accountant and a founding partner of Retired Barrister, Solicitor, Arbitrator and Notary in corporate and
Watson Dauphinee & Masuch, Chartered Accountants in securities law predominantly with junior natural resource
Vancouver. companies.

WADE BARNES, B.Sc. – GEOLOGY, P. GEO., Q.P. KRISTINA WALCOTT, B.Sc. – GEOLOGY
Vice President, Exploration Independent Director
Consulting geologist with Tripoint Geoservices and a Qualified President and CEO of Freegold Ventures Limited since 2009, and
Person (QP) as defined by National Instrument 43-101. Co- a director since 2010.
received the H.H. “Spud” Huestis Award from AMEBC in 2016
for excellence in Prospecting and Mineral Exploration.

JOHN J. BARAKSO (COMPANY FOUNDER) AND ROBERT BROWN

ON THE PIL PROPERTY
4
SHARE STRUCTURE

123,393,405 6,100,000 41,217,248

Stock options outstanding
Shares outstanding Warrants
– all have vested

One director controls

173,733,299 41.30%
Fully diluted Directly and indirectly on a
fully diluted basis

as at November 10, 2021

5
THE SILVER HOPE PROPERTY

• Targeting copper-molybdenum intrusions, as well as Equity Silver-type mineralization,

>100M oz silver equivalent (silver, copper, gold).

• Does the new Equity East target contain another Equity Silver type deposit?

• 2020-2021 data compilation and field work reveals part of a 3 by 6 km area of

anomalous multi-element soils and tills associated with multiple geophysical features
(IP, magnetics, ZTEM) and mineralization (former Equity Silver Mine, and Finlay MAIN
Trend plus Cu-Mo porphyry discovery).

• 2021 work included in-fill soil sampling and 19 line-km IP in the Equity East and Allin
areas, and 1,973m oriented core drill program along the MAIN Trend.

• 2021 drilling focused on shallow, lower cost, open pit configuration mineralization at
the Hope, Superstition and Gaul Zones. Drilling above known mineralization (Ag, Cu,
Au) with grade and significant widths (10-40m).

• Year-round road accessible south of Houston B.C.

6
 SILVER HOPE PROPERTY

PAST & PRESENT

PRODUCERS & OTHER
EXPLORATION
in the vicinity of the Silver
Hope Property

● Equity Silver Mine type Ag-Cu-

Au mineralization exploration at
Finlay and Copper Mountain
projects.
● Porphyry Cu +/- Mo deposits
and occurrences at Centerra
Gold, Imperial Metals, Surge
Copper and Finlay projects.

7
 SILVER HOPE PROPERTY

SILVER HOPE TARGETS

• Prospective geology that hosts the Equity Silver Mine and
Finlay’s MAIN Horizon Trend and that occurs further east
as a “window” in barren, younger volcanic rocks (Allin
Creek).

• The Equity East anomaly mirrors and parallels the 4km

long Finlay MAIN Horizon-New Corp.’s Equity Silver
Mine Trend. Finlay’s MAIN Horizon is a south westerly 1
continuation of Newmont’s former Equity Silver Mine that
produced 33 million tonnes containing 71 million oz.
silver, 500,000 oz. gold and 185 million lbs. of copper *.

• Newly discovered Equity East multi-element soil

anomaly associated with prospective geology, part of an
open 3 by 6 km area of anomalous multi-element soil
values.

• Extensive glacial till cover obscures the bedrock and the

extent of prospective geology, hence the use of
geochemical and geophysical techniques.

• Westward net ice flow transport of soil anomalies was

confirmed by the discovery of the Equity Silver deposits.
* Reference: Equity Silver Mine Minfile: https://minfile.gov.bc.ca/report.aspx?f=PDF&r=Minfile_Detail.rpt&minfilno=093L++001

8
SILVER HOPE PROPERTY

2021 In-Fill SOILS AND

MAGNETICS
• Equity East and Allin multi-element
soil geochemistry anomalies closely
related to the Goosly Intrusive Suite
and magnetic high anomaly.
• Equity Silver Mine, Allin and MAIN
Trend flank the east side of the
1
magnetic anomaly and Goosly
Intrusive Suite.
• Structures within magnetic high
anomaly may control orientation of
soil anomaly.
• Extensive glacial till cover obscures
the bedrock and the extent of
prospective geology, hence the use
of geochemical and geophysical
techniques.

9
SILVER HOPE PROPERTY

2021 In-Fill SOILS & IP GEOPHYSICS

• Anomalous soils (silver values shown) and tills over
airborne magnetic & ground Induced polarization (IP)
geophysical chargeability / resistivity anomalies.

• Mineralization (i.e. Equity Silver and MAIN Trend) is

associated with IP anomalies, magnetics, and ZTEM
resistivity features.
1
• The Equity East anomaly mirrors and parallels the 4km
long Finlay MAIN Horizon-New Corp.’s Equity Silver Mine
Trend. Finlay’s MAIN Horizon is a south westerly
continuation of Newmont’s former Equity Silver Mine that
produced 33 million tonnes containing 71 million oz. silver,
500,000 oz. gold and 185 million lbs. of copper *.

• Up-ice (eastward) from Equity East is an untested ZTEM

anomaly.

• Multiple new prospective targets for the discovery of

both porphyry Cu-Mo-Au-Ag and Equity type Cu-Ag-Au
occurrences.

10
SILVER HOPE PROPERTY

2021 ORIENTED CORE DRILLING

• 2020 oriented core drilling Gaul zone (MAIN trend) revealed the
mineralized zones have a NE-SW orientation, with moderate NW
dips.

• True widths 70-90% of intersected core lengths.

• The drilling provided a better geological model of the mineralized

structures and will allow for the re-interpretation of +50 years of 1
historical drilling, and the development of new drill targets along
Finlay’s 1.7km length of the MAIN – Equity Silver trend.

• 2021 oriented core drilling at Hope, Superstition and Gaul zones

(all MAIN trend) focused on up dip continuity of best Company
and historical drilling.

• 2021 drilling to build potential mineral resource that can be mined

by open pit (down to ~100m depth) considering mineralized zones
with 10-40m widths.

• 2021 drill program (9 holes totaling 1,973m) finished in early

November.

11
SILVER HOPE PROPERTY

2022 PROPOSED EXPLORATION

• Follow-up the reconnaissance IP geophysics conducted in

2021 with approximately 25 line kms of closer spaced IP
lines for drill target delineation.

• Further Geological mapping of newly activated roads to

Equity East and Allin areas.
1
• Road building for improved access to Equity East and Allin
areas.

• Strategic drill testing of the coincident IP, magnetic and

multielement geochemical surface anomalies.

• Budget 2022 of $750,000.

12
THE PIL-GOLD PROPERTY

• Exploring for porphyry intrusion Cu, Mo, Au, Ag mineralization, and

associated epithermal gold-silver mineralization.

• Characterizing eight (8) porphyry zones (alteration mineral assemblage,

metal zoning) to better vector into potassic alteration core with higher
grade mineralization.

• Porphyry copper systems host much of the world’s copper supply, and
are characterized by large size, long life, often low-cost open pitable
configurations.

• Located 16 km SE of Benchmark Metal’s Lawyers Project, and 25 km

NNW of the Kemess deposits of Centerra Gold, in the Golden Horseshoe
of northern British Columbia.
• 2020 field program consisted of geology and alteration mapping, and soil
and rock sampling.

• Seeking partner to assist in advancing the PIL Property

13
PIL-GOLD PROPERTY

PIL CLAIMS LOCATION MAP

• The 13,967-hectare PIL-Gold property is
highlighted in purple.

• Property acquisition was based on stream

sediment geochemistry, being some of the best in
the Toodoggone volcanic belt, and extensive
gossans from PIL South to Northwest Zone.
• 1999 to 2019 soil and rock sampling, IP
geophysics, and drilling identified porphyry related
Cu-Mo-Ag, and associate epithermal zones with
Au-Ag mineralization.

• In 2020 a data compilation and digitization of

historical work along with review and update of the
structural and geological trends was completed
and identified Au-Cu-Ag-Mo porphyry targets.
Field work included detailed geological and
alteration mapping, and rock and soil sampling.
• The property is road accessible.

14
PIL-GOLD PROPERTY

GEOLOGY AND ZONES OF INTEREST

• Looking for convergence of intrusive porphyry geology and high
temperature (potassic) alteration associated with best Cu, Au,
Ag, Mo values.

• Geological mapping and associated geochemistry indicates

multiple intrusive porphyry type Cu-Au-Ag-Mo centers along
with vein type Au-Ag mineralization (peripheral)

• Alteration suite of minerals indicates PIL intrusive centers above

key potassic alteration zone.

• Porphyry Cu-Ag-Au-Mo targets include PIL South, Copper

Ridge, Central, Silver Ridge, NW, NE, WG, and Spruce.

• Vein or epithermal systems with Au-Ag+/- Pb, Zn include Pillar

East, Atlas, Spruce, and Upper Spruce.

15
PIL-GOLD PROPERTY

2022 EXPLORATION PROGRAM

• Program is designed to better define deep seated

intrusive porphyry related Cu-Au-Ag mineralization
targets

• Airborne Magnetic survey across the entire property to

better define controlling structures, alteration (including
magnetite), and geology

• Geology and Alteration Mapping around eight (8) main

porphyry copper targets (PIL South, NW, Central, Copper
Ridge, Spruce, Silver Ridge, NE, WG)

• IP lines over priority targets

• Budget of $250,000

16
THE ATTY PROPERTY
• Targeting copper and gold porphyry intrusions, including
the deep buried, faulted off-set, of the Kemess East copper
gold deposit of Centerra Gold.
• Located adjacent to the Kemess Project, and former
Kemess Mine in the Golden Horseshoe of northern British
Columbia.
• Seeking a partner to aid in advancing the ATTY Project

17
ATTY PROPERTY

PROPERTY CLAIMS
• ATTY Property consists of 3,393
hectares immediately north of the
Kemess East deposit

• 1999-2020 exploration programs of

soil and rock geochemistry, IP
geophysics, and 3,960 metres of core
drilling

• 2021 Finlay compiled the historical,

structural and geological, IP
geophysical, and recent Serengeti
(Northwest Copper) option data to
fully assess the deep porphyry related
Cu-Au-Ag potential

• 2021 completed soil and rock

sampling over the Attycelly Au-Ag
epithermal target.

18
ATTY PROPERTY

ATTYCELLY SHOWING

Attycelly:
• Rock samples assay up to 240.6g/t
Ag, 0.66g/t Au, 1.8% Cu, 9.1% Pb, and
5.5% Zn.
• Deeper chargeability just north of the
prospect.
• 2021 confirmed the high-grade Ag,
Pb, Zn potential with moderate Au and
Cu values.
• Attycelly structure has been mapped
for just over 2km.

19
CONCLUDING REMARKS AND RECOMMENDATIONS
PIL-GOLD PROPERTY
Data compilation (IP geophysics,
geochemistry, drilling, regional
airborne magnetics and K/Th survey)
completed in early 2020. 2020 field
work of geology and alteration
studies and rock geochemistry
completed.
The PIL Property hosts copper-gold-
molybdenum porphyry mineralization
and future exploration will vector on
core potassic alteration and best
grade porphyry mineralization.
2022 budgeting for detailed airborne
magnetic survey, geology and
alteration studies, rock geochemistry,
& IP geophysics on priority ranked
targets.
SILVER HOPE PROPERTY ATTY PROPERTY
MAIN Trend drilling focused on shallow, 2021 - compiled historical data (IP
inexpensive mining, open pit geophysics, geochemistry, drilling,
configuration zones. Drilled shallow regional airborne magnetics and
silver-copper mineralization (Gaul Zone: K/Th survey).
SH14-02 with 10.5m @ 319g/t Ag and
0.88% Cu, and SH20-06 with 10.0m @ 2022 targeting fault offset portion
65g/t Ag and 2.33% Cu) on the MAIN of Centerra Gold’s Kemess East
Horizon. 2021 drill assays expected in deposit, plus discovery of new
early 2022. porphyry Cu-Au-Ag-Mo
mineralization.
Do the new Equity East / Allin targets
contain another Equity Silver type
deposit? Coincident geochemistry and
geophysical (IP, magnetics, ZTEM)
anomalies of similar dimensions to
Equity SIlver Mine attest to excellent drill
targets for 2022.
20
 Robert F. Brown, P. Eng.
President & CEO

TSX-V: FYL 604.684.3099 | rbrown@finlayminerals.com

IMAGE: A CLOSEUP OF MINERALIZATION FROM PHOTO OF

SILVER HOPE CORE SH04-03A FROM THE GAUL ZONE

AT OUR CORE:
EXCEPTIONAL ASSETS + TECHNICAL EXCELLENCE = ROAD TO DISCOVERY