Aurion Resources : Corporate Presentation - May 2022

TSXV: AU; OTCQX: AIRRF

DISCOVERING THE NEXT

MAJOR GOLD CAMP

Corporate Presentation May 2022

Forward-Looking Information

This presentation may contain "forward-looking information" (as defined in applicable Canadian securities legislation). Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to", and are based on expectations, estimates and projections considered to be reasonable by Aurion as of the date of this presentation. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR atwww.sedar.com.

Information in this presentation has been furnished for your information only, is accurate at the time of posting, and may be superseded by more current information. Except as required by law, we do not undertake any obligation to update the information, whether as a result of new information, future events or otherwise.

Andrew Hussey, P.Geo., GIS Geologist and Database Manager for Aurion Resources Ltd., is a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects and has approved the technical disclosure and verified the technical information in this presentation."

Discovering the Next Major Gold Camp

High-Grade: 789 g/t over 2.9 m;

Top 10 holes avg 355 g*mMajors Invested: Kinross, Newmont Goldcorp and B2Gold

Exceptional Footprint: 8,500+ samples averaging 6.0 g/t Au

Top Jurisdiction: Finland

District Scale: 1,000 km2

Cheap Relative Valuation

Ownership and Capital Structure

• ▪ 117.6 M shares / 9.89 M options/ 1.58 M broker warrants

• ▪ Market Cap: ~C$103.5 M (As of Apr 28, 2022)

• ▪ Well-Funded:

  • ▪ Working Capital ~C$25.3 M as of December 31, 2021

Eric Sprott

Expensive to Cheap - Despite Continued Success