2. SMY: TSX-V The following presentation may include certain “forward-looking statements” within the meaning of the United States Private Litigation Reform Act of 1995 and applicable Canadian Securities Laws. All statements other than statements of historical fact, included in the presentation, including without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Search Minerals, are forward-looking statements. Words such as “expect”, “anticipate”, “estimate”, “may”, “will”, “should”, “intend”, “believe” and other similar expressions are forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather reflect our current views with respect to future events and are subject to risks, uncertainties, assumption and other factors, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that such forward-looking statements will prove to be accurate. We base our forward-looking statements on information currently available to us and we do not assume any obligation to update them, except as required by law. An additional Cautionary Note to Investors: In the event that we use certain terms in this presentation such as “resource”, “measured resource”, “indicated resource” and “inferred resource,” US investors are cautioned that, while such terms are recognized and required by Canadian Securities Laws, the United States Securities and Exchange Commission does not recognize them. Under U.S. standards, mineralization may not be classified as 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 has been made. U.S. investors should not assume that all or any part of measured or indicated resources will ever be converted into reserves. In addition, “inferred resources” have a greater amount of uncertainly as to their existence and as to whether they can be mined legally or economically. Accordingly, information concerning descriptions of mineralization in the presentation may not be comparable to information made public by companies that are subject to the SEC’s Industry Guide 7. All of the scientific and technical information contained herein has been reviewed and/or prepared by either Dr. Randy Miller, P.Geo. or Dr. David Dreisinger, both being a “Qualified Person” within the meaning of National Instrument 43-101-Standards of Disclosure for Minerals Projects. For further details of the Company’s procedures and policies for data verification, the reader is referred to the Company’s news releases and other material information available on the Company’s website at www.searchminerals.ca or on SEDAR at www.sedar.comwww.searchminerals.cawww.sedar.com 2 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | March 2015

3. SMY: TSX-V ► Substantial Resource Identified at Foxtrot (130 ppm Dy cut-off) FOXTROT deposit contains significant quantities of Critical REE’s (Dy, Nd, Tb, Y) 9,229,000 tonnes Indicated @ 189 ppm Dy and 1,442 ppm Nd 5,165,000 tonnes Inferred @ 176 ppm Dy and 1,233 ppm Nd High Grade Core – 3,341,000 tonnes indicated @ 226 ppm Dy and 1704 ppm Nd ► Breakthrough Hydrometallurgical Process for Foxtrot Project Mineralization (US Patent pending) Eliminates grinding, flotation, gravity and magnetic separation from traditional flow-sheet Produces 98.9% REO product with low Th values (< 2g/t) ► Strong Management and Technical teams ► 100% Owned Port Hope Simpson Critical Rare Earth Element District in Labrador, Canada 70 km long x 8 km wide FOXTROT Project, Deepwater Fox Prospect, and other exploration potential ► On infrastructure 3 local communities for work support Deep water Ice-free sea-port nearby All weather highway through the District ► Mining friendly jurisdiction, good working relations with Federal and Provincial governments, aboriginal interest, and local communities support 3 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

4. SMY: TSX-V ►SNC-Lavalin-Conceptual Study – scoping engineering cost study Confirm metallurgical breakthrough will significantly reduce capital and operating costs (COMPLETED) ►Design and build larger-scale demonstration plant Further test Foxtrot Project mineralization Produce mixed REO product for testing by end-users and REE refineries Scale-up new metallurgical process toward commercialization. ►Commission a revised Preliminary Economic Assessment Utilize information from Conceptual Study for capital and operating costs Reduce production rate from 1,500 tpd open pit/underground to 500 tpd open pit down to 200m ►Advance the Deepwater Fox prospect Channel sampling Small verification drill program ►Engage Engineering Firm to initiate Environmental Scoping Study Provide a roadmap to navigate environmental permitting process ► Continue relationship building with our key supporters Shareholders Atlantic Canada Opportunities Agency (“ACOA”) Research and Development Corporation (“RDC”) NunatuKavut Community Council (“NCC”) Local communities 4 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

5. SMY: TSX-V 5 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

6. SMY: TSX-V Green Energy Hybrid and Electric Vehicles Wind Energy Energy Efficient Lighting Military and Defence Communications Aeronautical engineering and Jet Engines Guidance, Lasers, Sonar, Optics, and Electronic Counter Measures Modern Technologies Cell Phones and Digital Cameras LCD and Plasma Televisions MRI machines, X-Ray, and PET Medical imaging The Toyota Prius is estimated to contain: 1 kg Neodymium Metal 15 kg Lanthanum Metal 0.1 kg Dysprosium Metal Sales are greater than 2 million units per annum Rare Earth Elements: Critical for the 21 st Century 6 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

7. SMY: TSX-V Dysprosium Oxide (Dy2O3)Neodymium Oxide (Nd2O3)Yttrium Oxide (Y2O3) Terbium Oxide (Tb4O7) Praseodymium Oxide (Pr6O11) Europium Oxide (Eu2O3) 7 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

8. SMY: TSX-V Short-Term (Present–2015) Medium-Term (2015–2025) Criticality assessment was framed in two dimensions: importance to clean energy and supply risk 5 REEs have been identified as the most critical, including Dy, Nd, Tb and Y These five REEs are used in magnets for wind turbines and electric vehicles or phosphors in energy- efficient lighting Source: US Department of Energy 8 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

9. FOXTROT RESOURCE and POTENTIAL DISTRICT 9 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

10. SMY: TSX-V 10 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

11. SMY: TSX-V Volcanic- hosted Stratigraphic unit Open at Depth 11 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

12. SMY: TSX-V FOXTROT MINERAL RESOURCE (SEPTEMBER 30, 2012; CUT-OFF 130 PPM DY - 150 PPM Dy2O3) 12 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015 CLASSIFICATIONZONE TONNAGE (TONNES) Dy (ppm) Dy2O3 (ppm) Nd (ppm) Nd2O3 (ppm) Y (ppm) Y2O3 (ppm) %HREE+Y%TREE+Y %HREO+Y 2O3 %TREO+Y 2O3 INDICATEDCENTRAL9,229,000 1892171,4421,6871,0401,3200.170.88 0.211.07 INDICATEDEXTENSIONS----------- INDICATED TOTAL9,229,000 1892171,4421,6871,0401,3200.170.880.21 1.07 INFERREDCENTRAL 3,291,0001782051,3391,5679821,2470.16 0.83 0.20 1.00 INFERREDEXTENSIONS 1,874,0001711971,0461,2249601,2190.16 0.67 0.19 0.81 INFERRED TOTAL5,165,000 1762021,2331,4429741,2370.16 0.77 0.20 0.93

13. SMY: TSX-V 13 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

14. SMY: TSX-V 14 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | March 2015 POTENTIALLY LONGER & WIDER THAN FOXTROT? HIGHER ASSAYS IN DISCOVERY CHANNEL SECOND DISCOVERY IN FOX HARBOUR BELT TWO SOURCES FOR ONE PROCESSING PLANT 12 KM FROM FOXTROT 2 KM FROM ST. LEWIS (DEEP-WATER PORT) 2 KM FROM LABRADOR ROAD NETWORK NEEDS CHANNEL & THEN DRILL PROGRAM

15. SMY: TSX-V 15 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | March 2015

16. BREAKTHROUGH METALLURGY 16 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

17. SMY: TSX-V Acid Bake Discharge from Kiln 17 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

18. SMY: TSX-V Foxtrot Rare Earth mineralization is coarse crushed (6 mesh, 3.45 mm) Rare earth minerals are treated with relatively small amounts of acid at 200 C (low temperature) to render the rare earth elements water soluble. After water leaching, the rare earth solution is purified by neutralizing the small amount of remaining acid The rare earth elements are then precipitated into a concentrate using sodium carbonate The rare earth carbonate is then re-dissolved in hydrochloric acid and after a second pH adjustment to reject remaining impurities, the rare earth elements are precipitated again The rare earth precipitate is calcined to produce a high grade mixed rare earth oxide product This product is refined (by toll process) to produce high purity individual rare earth elements. 18 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

19. SMY: TSX-V 19 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

20. SMY: TSX-V OLDNEWBENEFIT Ore TreatmentCrush and Grind to.105mmCrush to 3.45mmSave grinding cost and process Ore UpgradingUse flotation, gravity and magnetic separation NoneSave beneficiation cost and process. Flotation, gravity and magnetic separation not required Primary Chemical Treatment Acid Bake, Water Leach, Purification, Oxalate Precipitation Acid Bake, Water Leach, Purification, Carbonate Precipitation Carbonate precipitation is much cheaper than oxalate RE Precipitate55.58% TREO32.08% TREOLower grade but then must purify Secondary Chemical Treatment NoneAcid Releach, Purification, Precipitation and Calcination Very small circuit due to high grade of concentrate Final Product55.58% TREO98.99% TREO – (High Grade RE Oxide) Meets Rare Earth Refinery needs - greater than 92% TREO and contains less than 10g/t of Thorium 20 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

21. SMY: TSX-V Rare Earth OxideRare Earth Oxide % La 2 O 3 14.1 CeO 2 38.6 Pr 6 O 11 4.68 Nd 2 O 3 18.0 Sm 2 O 3 3.10 Eu 2 O 3 0.17 Gd 2 O 3 2.46 Tb 4 O 7 0.40 Dy 2 O 3 2.30 Ho 2 O 3 0.47 Y2O3Y2O3 12.4 Er 2 O 3 1.22 Tm 2 O 3 0.18 Yb 2 O 3 0.8 Lu 2 O 3 0.1 Sc 2 O 3 0.006 TOTAL Rare Earth Oxide % 98.9% Very high purity product 98.9% REO+Y S=<0.01%, F=<0.01% Th = 2 g/t. U = 97 g/t Key impurities: 93 g/t Si, 0.15% Ca, 44 g/t P, 465 g/t Mn, 34 g/t Cr, 23 g/t Sr, 56 g/t V Rare Earth Refinery can separate this product into individual REEs 21 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

22. SMY: TSX-V New Process Developed – Simpler (no grinding, no flotation, no magnetic or gravity separation, whole ore extraction) – Maintain high overall recovery to final mixed REO – Lower reagent use (Acid, MgCO 3, Oxalic Acid) – High quality Mixed REO Produced Next Steps – Demonstration Pilot Plant – 40 tonne sample of mineralization recovered from Foxtrot for further testing 22 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

23. SMY: TSX-V Search believes that the new process represents a breakthrough in simplicity, cost and efficiency. The new process is described as: –Process whole ore crushed to 3.45mm (6 mesh) –No grinding –No flotation –No magnetic separation –No gravity separation Search has sought protection for the process by applying for a patent through the US Patent office. Search will seek protection for the process in additional countries through the Patent Cooperation Treaty (PCT). Patent protection ensures Search has a right to use the process and prevents others from using it, except under license from Search 23 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

24. THE COMPANY 24 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

25. SMY: TSX-V Search Minerals Inc. Head office - Vancouver Red Wine JV with GWG Flagship Foxtrot Project PEA Strange Lake JV with Quest Rare Earth Exploration Portfolio Over 23 Foxtrot-like REE prospects 9 pegmatite-vein prospects At least 3 Red Wine HREE prospects TickerTSX-V: SMY Shares Outstanding O/S115,620,711 Warrants 34,945,232 Options 4,837,500 Fully Diluted Shares O/S155,403,443 Market Cap$8,093 million As at June 7, 2015 Rare Earth Element Projects Labrador Canada 25 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

26. SMY: TSX-V Jim Clucas, Executive Chairman, Director Former CFO of Inco Canada, and founder of International Nickel Ventures Inc.; Has been instrumental in the development of several mineral deposits; Currently serves as director of INV Metals, North American Nickel, Dr. Jim Patterson, Director Ph.D. in Geology and an independent economic and exploration geological consultant; 40 years experience in initiating, developing, conducting and supervising all phases of mineral exploration; has been instrumental in the development of a number of mining companies, including FNX Mining Roberto Giannetti da Fonseca, Director Former Brazilian Federal Secretary of Foreign Trade; CEO of Kaduna Consulting Group, advisor to 50+ Brazilian and multinational companies; Executive Director of International Affairs and Foreign Trade (FIESP), a São Paulo business industrial association. Founder and ex-Chairman of Cotia Trading S.A, which became the largest foreign trade company in Brazil. Raymond Saunders, Director Over 30 years of experience in Eastern Canada; has acquired, managed and consolidated several transportation companies to service all regions of the province; current President and major shareholder of several private companies. Dr. David Dreisinger, Director – see Management Greg Andrews, President B. Commerce, Finance Major from University of Calgary in 1984, has extensive experience with strategic planning, budgeting, implementation, and administration Dr. Randy Miller, Vice President, Exploration Ph.D. in Geology from the University of Toronto; extensive experience studying REEs, including 5 years work on the Strange Lake Property with IOC and 12 years as REE specialist with Newfoundland and Labrador Geological Survey. Dr. David Dreisinger, Director and Vice President, Metallurgy Professor and Industrial Research Chair in Hydrometallurgy at the University of British Columbia. He has been a professor at UBC since 1988.. He has published over 250 papers and has been involved as a process consultant in industrial research programs with metallurgical companies. He is also a director of Polymet Mining Corp. and Search Minerals and holds officer Positions with Search Minerals Inc. and Trimetals Mining Inc. Matthew Anderson, Chief Financial Officer B. Commerce degree from McGill University; obtained his CA designation in 2008; current CFO of i-Minerals Inc. Barry Girling, Corporate Secretary Mr. Girling has been providing various consulting services to a number of public companies for over 20 years, primarily in corporate, finance and management capacity. 26 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | June 2015

27. SMY: TSX-V 27 | Corporate Presentation | SMY: TSX-V | searchminerals.ca | March 2015