Equity Metals : Corporate Presentation - January 2022

Targeting high-grade epithermal veins in a

premier mining district

Corporate Presentation

January 2022

TSXV:EQTY / OTCQB:EQMEF

Forward-Looking Statement

• Some of the statements contained in this presentation may be deemed "forward-looking statements." These include estimates and statements that describe the Company's future plans, objectives or goals, and expectations of a stated condition or occurrence.
• Forward-lookingstatements may be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.
• Actual results relating to, among other things, results of exploration, reclamation, capital costs, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as but not limited to; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for the minerals the Company expects to produce; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the Company's activities; and changing foreign exchange rates and other matters discussed in this presentation.
• Persons should not place undue reliance on the Company's forward-looking statements. Further information regarding these and other factors, which may cause results to differ materially from those projected in forward-looking statements, are included in the filings by the Company with securities regulatory authorities. The Company does not assume any obligation to update or revise any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws, whether as a result of new information, future events or otherwise.
• The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this presentation, that has been prepared by management.
• Robert Macdonald, MSc., PGeo. is the VP of Exploration for Equity Metals Corporation and is the Qualified Person responsible for the supervision and preparation of the technical information in this disclosure.

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Exploring for High-Grade Silver & Gold

High-grade resource open	Exceptional assays results	Targeting 1.0 - 1.5M oz AuEq
for expansion at its Silver	demonstrates exploration	during 2022; Maiden
Queen Project in B.C.	upside across several veins Resource on Camp Vein - Q2

Prospective diamond assets	Well-funded with +C$2.5M in	Experienced management
in a prolific diamond-	cash for additional	and geological team with a
producing district	exploration work in 2022	proven track record

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TSXV:EQTY / OTCQB:EQMEF

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Equity

Metals'

Portfolio of Assets

Monument & WO Projects (NW Territories)

• Diamond-bearingkimberlites
• Located in proven diamond-producing, ~40 km from both the Diavik and Ekati diamond mines

Silver Queen Project (British Columbia)

• Flagship, precious/base metal project near multiple producing/past-producing mines
• High-grademaiden resource (2019)

• 244K oz AuEq grading 9.31 g/t AuEq (indicated)

- 193K oz AuEq grading 7.51 g/t AuEq (inferred)

• 19,645 m (63-holes) of drilling completed
• Near-termresource target of 1.0-1.5M oz AuEq

Silica Project (Saskatchewan)

• Unconsolidated, high-purity silica sand quarry with potential as feed to convert to silicon for the battery industry to significantly the extend charge of lithium batteries

Greenwood Royalty

• 1% royalty covering 11,000 ha in the Greenwood District, currently being explored by Golden Dawn
• Includes the historic Phoenix Mine (produced +500M lbs Cu

& 1M oz Au)	4

Capital Markets Profile

Capital Structure

Ticker	TSX-V: EQTY
Share Price (January 21, 2022)	C$0.14
52-Week Trading Range	C$0.09 - C$0.20
Basic Shares Outstanding	102.8M
Options	6.6M1
Warrants	53.0M2
FD Shares Outstanding	162.4M
Market Capitalization (Basic)	C$14.4M
Cash	~C$2.5M
Debt	Nil

Share Ownership

Management &

Associates

6.0%

Institutions

7.9%

Retail & Other

86.1%

Share Price and Volume

(Since Oct. 2019)

	$0.35
	$0.30
(C$)	$0.25
$0.20
Price
$0.15
Share
$0.10
	$0.05
	$0.00
	Oct-19	Apr-20	Oct-20	Apr-21	Oct-21
								Volume		Price

3.0

2.5

2.0	(millions)
1.5
1.0	Volume

0.5

0.0

Well financed for 2022 following	~59% share price appreciation under
C$3.6M financing in December 2021	the new management team

1. 6,600,000 options outstanding with a weighted average exercise price of C$0.20 and a weighted average life of 3.5 years
2. 52,998,977 warrants outstanding with a weighted average exercise price of C$0.14 and a weighted average life of 1.6 years

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TSXV:EQTY / OTCQB:EQMEF

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