1

Corporate Presentation August 2020

Forward-Looking Statement

The information contained in this presentation maybe subject to amendment, revision and updating in any way without notice or liability to any party.This presentation contains “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking statements”),concerning the business, operations and financial performance and condition of the Durango Resources Inc. (the "Company"). Forward-lookingstatements include, but are not limited to, statements with respect to the estimation of mineral reserves and mineral resources; the realization ofmineral reserve estimates; the timing and amount of estimated future production; costs of production; metal prices and demand for materials; capitalexpenditures; success of exploration and development activities; permitting time lines and permitting, mining or processing issues; governmentregulation of mining operations; environmental risks; market conditions and title disputes or claims. Generally, forward-looking statements can beidentified 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,” “believes,” “projects” or variations of such words and phrases or state that certainactions, events or results “may,” “could,” “would,” “might” or “will be taken,” “occur” or “be achieved.” Forward-looking statements are based on theopinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertaintiesand other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different fromthose expressed or implied by such forward-looking statements, including, but not limited to, unexpected events during operations; variations in oregrade; risks inherent in the mining industry; delay or failure to receive board approvals; timing and availability of external financing on acceptableterms; risks relating to international operations; actual results of exploration activities; conclusions of economic valuations; changes in projectparameters as plans continue to be refined; and fluctuating metal prices and currency exchange rates. Although management of the Company hasattempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, theremay be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove tobe accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should notplace undue reliance on forward-looking statements. The Company cautions readers not to place undue reliance on forward-looking statements, asforward-looking statements involve significant risks and uncertainties. Forward-looking statements should not be read as guarantees of futureperformance or results and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will beachieved. For further details on the forward-looking statements included in this presentation, see “Cautionary Note Regarding Forward LookingInformation” in the Company’s prospectus on its SEDAR profile at www.sedar.com.

2

WINDFALL LAKE GOLD DISTRICT, QUÉBEC

Durango is positioned for discovery holding

a 100% interest in the Trove and East Barry

claim blocks in the most active gold exploration

camp in Quebec, Canada

3

Positioned for Discovery

Windfall Lake Emerging Gold Camp

4

Property Company Category Tonnes Grade (g/t) Gold (Oz)

MIN

ERAL

RES

OU

RC

ES Windfall Lake Osisko Mining Indicated 4,127,000 9.10 1,206,000

Windfall Lake Osisko Mining Inferred 14,532,000 8.40 3,938,000

Barry Pit Bonterra Indicated 2,052,000 5.84 385,000

Barry Pit Bonterra Inferred 2,740,000 5.14 453,000

Gladiator Bonterra Indicated 743,000 8.5 202,000

Gladiator Bonterra Inferred 3,065,000 9.1 897,000

Lac Rouleau Osisko Mining Historical 544,000 7.20 125,925

Name Company Type Comments

Windfall Osisko Mining

Atypical Intrusion-related Associated with alteration at the lithological boundary of volcanics and porphyry dykes

Barry BonterraResources

Structurally controlled in typical orogenic gold veins

Alteration extends 20m from dykes. Hosted in a shear zone in mafic volcanics with abundant mafic dykes and quartz and feldspar porphyry masses. Gold in quartz-carbonate-albite-pyrite veins associated with sheared zones

Gladiator/Arena/Spartacus

BonterraResources

Atypical Intrusion-relatedHosted in a highly silicified and altered sheared mafic volcanic, locally exhibiting intrusions of syenite and quartz porphyry. Smoky quartz vein hosted with tourmaline and chlorite occupying fractures. Veins mostly occurring at interface of units of differing hardness

Lac Rouleau (Zone 18)

Osisko Mining

Au-rich shear zones -Structurally controlled in typical orogenic gold veins

Silicified breccia zone in felsic volcanic rocks. Locally rich ankerite and disseminated sulfides with quartz-albite-carbonates-tourmaline-fuchsite and mafic to intermediate dykes

Nubar-Souart OsiskoMining

Structurally controlled in typical orogenic gold veins

Felsic to mafic volcanic and volcano sedimentary lithological rock units with local younger felsic to mafic intrusives. A major structure hosts mineralization characterized by strong brecciation and intense tourmaline alteration, this structure hosts numerous subvertical auriferous quartz-carbonate-tourmaline veins and mineralization.

Windfall Area Gold Deposits & Styles of Mineralization

5

Windfall District & Durango Property Locations

6

TROVE BLOCK

EASTBARRYBLOCK

Windfall Exploration Drill Targets & Property Highlights

7

Durango’s Trove Property at Windfall Lake is 1,188 hectares and surrounded by Osisko Mining (TSX-OSK)

• Trove highlights:－ confluence of two gold bearing faults: the Rouleau

which continues to the Windfall Deposit and the Barry which continues to the Gladiator Deposit

－ gold and geochemical anomalies in humus & tills － coincident geophysical anomalies in airborne magnetics & IP

Trove Gold & Silver in Tills

8

Proposed Drilling at Trove

9

Durango’s East Barry Property at Windfall Lake is 7,740 hectares and adjoined to Osisko Mining (TSX-OSK) and Bonterra Resources (TSXV-BTR)

East Barry property hosts:• gold anomalies in till with assay results of up to

2,190ppb (2.19 g/t) gold and visible gold grains5km gold in till trend

• property is cross-cut by a fault system striking towards the Windfall Lake Deposit main mineralized system

Windfall East Barry Property Highlights

10

Windfall East Barry Property Gold in Till

11

Recommendation of Phase 1 Windfall Lake Exploration

12

NEXT STEPS Fall 2020:

Test drill high priority targets at theTrove Property within priority zonesand trench newly exposed areas; and

Further mapping and till sampling on the East Barry Property to further define the 5km gold in till trend; and

Test drill East Barry Property.

Planned Drill Holes at Trove

13

IP and Resistivity over MAG

Corporate Snapshot

14

Total Insider Holdings*

Top Securityholders:

Marcy Kiesman 9,125,025

Directors, Officers & Team 4,240,000

Friends & Family 11,358,352

Marcy Kiesman, CPA, CMACEO & Director15+ years public mining company management experience

Melanie MacKay, P. Geo.Independent Director & Technical Committee15+ years geological mining experience

Twila Jensen Independent Director20+ years public market advertising experience

Julie Lemieux Independent Director10+ years public market experience

Thea Koshman, LLBIndependent Director20+ years public mining company experience

Dale GinnTechnical Committee Chair30+ years experience and led the discovery teams for the Gladiator, Hinge, 007, 777, Trout Lake, and Tartan Lake deposits.

Joanne Freeze, P. Geo.Technical Committee40 years exploration experience; current CEO of Candente Gold Corp. & Candente Copper Corp.

Share Structure

Common Shares(August 20, 2020) 76,455,500

Options 3,150,000

Warrants 25,575,619

Fully Diluted Shares 102,031,119

*Calculated on a fully diluted basis

Marcy Kiesman, CEO

durangoresourcesinc@gmail.com

Cell 604.339.2243

Suite 248, 515 West Pender Street, Vancouver, BC V6B 6H5

Our Commitment

At Durango Resources Inc. we are committed to responsible exploration and development of

our properties. We seek to contribute to the sustainable development of the communities in

which we work.

Our core activities are guided by the following principles:

• Environment and Society

• Community and Government Relations

• Labour, Health and Safety Contact

15

Trove IP Detailed Results

16