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1 Crprate Presentatin March TSX-V: Z l OTC: ZZZOF l FSE: RH33
2 Frward Lking Statement Cautinary Statement n Frward-Lking Statements Infrmatin set frth in this presentatin cntains frward-lking statements that are based n assumptins as f the date f this summary. These statements reflect management s current estimates, beliefs, intentins and expectatins. They are nt guarantees f future perfrmance. Zinc One cautins that all frward lking statements are inherently uncertain and that actual perfrmance may be affected by a number f material factrs, many f which are beynd their respective cntrl. Such factrs include, amng ther things: risks and uncertainties relating t metal prices, changes in planned wrk resulting frm weather, lgical, technical r ther factrs, the pssibility that results f wrk will nt fulfill expectatins and realize the perceived ptential f Zinc One s mineral prperties, uncertainties invlved in the interpretatin f drilling results and ther tests, the pssibility that required permits may nt be btained in a timely manner r at all, risk f accidents, equipment breakdwns r ther unanticipated difficulties r interruptins, the pssibility f cst verruns r unanticipated expenses in wrk prgrams, the risk f envirnmental cntaminatin r damage resulting frm the explratin peratins, ability t btain sufficient financing t implement its explratin, Zinc One receiving favrable ecnmic studies n its mineral prjects and develpment plans n Zinc One s mineral prperties and the need t cmply with envirnmental and gvernmental regulatins. Accrdingly, actual and future events, cnditins and results may differ materially frm the estimates, beliefs, intentins and expectatins expressed r implied in the frward lking infrmatin. Except as required under applicable securities legislatin, Zinc One undertakes n bligatin t publicly update r revise frward-lking infrmatin. Cautinary Statement n Histrical Resurce Estimate The histrical resurce estimate set frth in this presentatin was prepared by the previus peratr, Crianta S.A. in an internal reprt dated June 13, 2011 n the Bngará Zinc Oxide Mine. Althugh the histrical resurce estimate used measure resurces, indicated resurces and inferred resurces, the histrical estimate was nt dne in cmpliance with CIM standards. Zinc One cnsiders these categries relevant as it represents the Zinc One s main target fr explratin and develpment wrk n the Bngará Zinc Mine. Zinc One is cnfirming the reliability f the histrical resurce estimate and the infrmatin supprting the histrical resurce estimate. The qualified persn has nt dne sufficient wrk t classify the histrical estimate as a current mineral resurce. Zinc One is nt treating these histrical estimates current mineral resurces. Qualified Persns Bill Williams, Ph.D., CPG, COO and a directr f Zinc One, is a qualified persn as defined in Natinal Instrument Standards f Disclsure fr Mineral Prjects, and has reviewed and apprved all technical infrmatin in this presentatin. 2
3 Share Structure and Stck Chart Issued & Outstanding Stck Optins Warrants ($0.90 with May 3, 2019 expiratin) Fully Diluted 99.5 M 6.9 M 8.3 M M Market Cap 52 week Range C$42 M C$ $0.90 (As at March 2018) 1 year Chart 1-Year Stck Chart 3
4 Directrs And Management Jim Walchuck - President & CEO, Directr Mining engineer with ver 38 years experience in Engineering, Develpment and Operatins Internatinal experience includes Nrth America, Slvakia, the UK, Ghana, and Tanzania Previusly Mining Manager fr Barrick at the Bulyanhulu Gld Mine Bill Williams - COO, Directr Ecnmic gelgist (PhD) with ver 38 years f experience in mining and il & gas industries Extensive experience in Suth America (discvery f Haquira cpper depsit, Peru) Frmer CEO and President f Orvana Minerals Crp. Frmer Vice President fr Phelps Ddge Explratin Greg Crwe Directr Prfessinal gelgist with mre than 35 years f experience thrughut Nrth America, Latin America, Africa and Sutheast Asia Frmer President & CEO f Entrée Gld Inc. Currently President & CEO f Silver One Resurces Inc. Barry Girling Directr Active in varius aspects f mineral explratin since 1977 Prvides cnsulting services t a number f TSX Venture Exchange cmpanies Gunther Rehlig Directr Mre than 15 years f experience in the financial and investment industry Specializes in restructuring, managing and financing junir public cmpanies Mnica Hamm VP, Investr Relatins Mre than 20+ years experience in mining and envirnmental industry Frmer Senir Manager, Investr Relatins at Entrée Gld Inc. 4
5 5-Year LME Zinc Warehuse Stcks Level Chart mdified frm kitc.cm 5
6 Peru Mining Friendly Peru is a Glbal Leader in the Mining Sectr Wrld s third largest prducer f zinc. Attractive legal and tax regime designed t supprt the industry. Steadily grwing ecnmy driven largely by mining. Immense ptential fr future develpment A freign investment law guarantees security f freign and dmestic investments. There has been mre than 50 years f Canadian Peruvian mining cllabratin. 6
7 Zinc One: Fcused n Pure Zinc Prperties Zinc One Resurces is a Canadian junir explratin cmpany frmed in 2016 and fcused n the Bngará Zinc Mine Prject, Peru t reactivate prductin. The Cmpany is lead by an experienced and accmplished management team. Bngará Zinc Mine Prject, Peru Bngará Zinc Mine Prject and Charltte-Bngará Zinc prspect Past-prducing high-grade zinc at surface Explratin ptential alng +6 km crridr Prven pyrmetallurgical methd recvers >90% frm zinc xides, carbnates, and silicates Leverage t glbal zinc market Drill prgram cmmenced January % Zn 7
8 Bngará Prject - Overview Bngará is hst t surface and near-surface zinc mineralizatin with sme utcrps cntaining ver 50% zinc lcally. 100% interest in the Bngará Zinc Mine Prject (11,125 hectares) in nrth-central Peru Prject includes several mineralized znes: Mina Grande (Sur, Centr, Nrte), Mina Chica, Bngarita, Camp Ciel and Cristal Cristal Camp Ciel Bngarita Mina Chica Mina Grande 2017 sampling results include: Channel samples up t 47.7% Zn ver ~8 m and 29% Zn ver 51 m. Pit sample at 36% ver 6 m. Management plans t issue a mineral resurce estimate and, subject t favrable ecnmics, place the Bngará Zinc Mine back int prductin within mnths. Surrunding cmmunities supprt prject advancement. 8
9 Bngará Prject - Crprate Objectives Drill prgram cmmenced January 2018: 124 drill platfrms apprved Lab results expected Q Drill prgram t better delineate and expand the knwn mineralizatin Issue new resurce and PEA Envirnmental and feasibility studies Reactivate Mine (Cash Flw) Explre t nrthwest ~6.0 km BONGARITA MINA CHICA MINA GRANDE NORTE MINA GRANDE CENTRO MINA GRANDE SUR 9
10 Bngará Histrical Mining Open Pit (Quarry) 150,000 >20% Zn mined DSO (Direct Ship Ore) 540 km t cast Prcessed in Waelz kiln (pyrmetallurgy) - >65% >90% recvery Shut dwn in 2008 due t decreased zinc prices Histrical Measured + Indicated resurce f 1,007, % Zn* Histrical Inferred resurce f 209, % Zn* *See Cautinary Statement n Histrical Resurce Estimate. 10
11 Bngará Gelgy Stratabund zinc-xide mineralizatin hsted by carbnate rcks Mina Grande Sur (Fase C) hst rck is primarily brecciated dlmite with zincxide mineralizatin ccurring in matrix and in fractures. Mineralizatin ccurs alng the axis (Bngarita, Mina Grande Centr, Mina Grande Sur) and eastern flank (Mina Chica, Mina Grande Nrte) f a plunging anticline. Five aligned sampling pits at suthernmst extent f Mina Grande Sur include sil with anmalus zinc the verlies high-grade, zinc-bearing dlmites. Bttm f mst sampling pits have nt penetrated ftwall sample thickness frm pits d nt represent true thickness f mineralizatin. Sampling at Mina Grande Sur Fractured dlmite 11
12 Prpsed Zinc Oxide Prcessing and Recvery Waelz kiln technlgy Cmmnly used t recycle zinc frm electric-arc-furnace dust Simple n-site cnstructin and peratin Relatively lw capital csts Cmparatively high zinc recvery (>95%) Up t 70% zinc as xide in final prduct 12
13 Bngará Prject Surface Sampling Camp Ciel Bngarita Mina Grande Centr Mina Grande Sur Mina Chica Mina Grande Nrte Bngarita % Zn (utcrp) Mina Chica % Zn (channel) % Zn (pit) % Zn (channel) Mina Grande Sur % Zn (channel) % Zn (pit) % Zn (channel) 45.0 Zn (channel) % Zn (pit) Mina Grande Nrte % Zn (pit) % Zn (pit) See news releases frm Nvember 1, 2017, December 19, 2017, January 25, 2018 and February 21, 2018 fr further infrmatin Ttal 446 samples frm histric pits and surface channel samples in areas f knwn mineralizatin. The high-grade zinc grades frm the sampling prgram cnfirm that the areas sampled culd hld significant ptential. Mst pit sampling t date has nt yet reached base, r ftwall, f mineralizatin thus allwing fr ptential upside fr high-grade zinc mineralizatin. 13
14 Bngarita and Mina Chica Sampling Prgram Summary Bngarita and Mina Chica sampling prgram includes: 47.73% Zn ver 8.1 metres frm a dlmite, 25.65% Zn ver 19.7 metres frm a dlmite breccia, and 32.50% Zn ver a 3.8-metre depth frm a dlmite breccia. The high-grade zinc grades frm the sampling prgram suggests that the Bngarita and Mina Chica areas culd hld significant ptential. The drill prgram will aim t better delineate and expand the knwn mineralizatin at the Bngará Zinc Mine Prject. See news release frm Nvember 1, 2017 fr further infrmatin. 14
15 Mina Grande Sur Sampling Prgram Summary Highlights frm Mina Grande Sur (Fase C) sampling prgram include: Surface channel samples yielding: 31.9% Zn ver 32.2 metres, 29.0% Zn ver 51.2 metres, and 27.7% Zn ver 45.0 metres Pit samples yielding: 36.5% Zn ver 6.0 metres, and 30.5% Zn ver 4.0 metres All samples were lcated in the suthern end f 1.4 kilmetre-lng trend f zinc mineralizatin in Mina Grande Sur (Fase C) zne. Pit sampling t date has nt yet reached base, r ftwall, f mineralizatin allwing fr ptential upside fr additinal high-grade zinc mineralizatin. Surface and pit sampling in additin t ther data will help t better delineate and expand the knwn mineralizatin. See news releases frm December 19, 2017 and January 25, 2018 fr further infrmatin. 15
16 Mina Grande Nrte Sampling Prgram Summary Highlights frm Mina Grande Nrte sampling prgram include: Pit samples yielding: 43.9% Zn ver 5.0 metres, and 29.5% Zn ver 5.0 metres All samples were lcated in the central part f 1.4 kilmetre-lng trend f surface and near-surface zinc mineralizatin. Data remains cnsistent with histric data. See news releases frm February 21, 2018 fr further infrmatin. 16
17 Charltte Bngará Prject Explratin Ptential Ptential fr a District Play Hsting Multiple Depsits The current mineralized trend hsting the past-prducing Bngará Mine extends ver 6 km and well int the Charltte Bngará cncessin based n surface sampling and histric drill results. Early indicatins suggest the ptential fr similar high-grade depsits. Histrical drill intercepts have included 15 m grading 29.5% zinc and 11.5 m f 29.7% zinc. Outcrp f Zn and Fe xides within weathered dlmite Channel sampling with Zn results 17
18 Milestnes Zinc One and Frrester Metals finalize Arrangement Reslutin April 2017 Zinc One purchases mineral rights June 2017 Cmmunity Access Agreement apprved by lcal authrity July 2017 Ministry f Energy & Mines (MEM) accepts mine clsure suspensin August 2017 Applicatin fr drill platfrms t MEM Octber 2017 Drill platfrms apprved by MEM December 2017 Drilling cmmences at Bngará Mine Prject January 2018 Metallurgical testing Q1/Q Watts, Griffis and McOuat Ltd Engaged New resurce estimate Q2/Q Nvpr Engineering Engaged PEA expected Q2/Q Prductin anticipated by 2020 subject t favrable ecnmic studies 18
19 Appendix 19
20 Zinc Inventries and Price Zinc visible inventries and price last 12 mnths Zinc visible inventries and price since 2001 Surce: Blmberg Finance LP; Canaccrd Genuity 20
21 Few Depsits with High Grade *Surce Zinc One Resurces 21
22 Thank Yu Cntact Infrmatin Suite West Gergia Street Vancuver, BC, Canada V6E 4H1 Phne: Calle Mnterrey # 373 ficina 1001 Chacarilla del Estanque, Santiag de Surc Phne: Jim Walchuck President & CEO jwalchuck@zincne.cm Mnica Hamm VP, Investr Relatins mhamm@zincne.cm 22
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