Metalore Resources Limited — Proxy Solicitation & Information Statement 2020

Sep 1, 2020

METALORE RESOURCES LIMITED PROXY VOTE FOR USE AT THE ANNUAL MEETING OF SHAREHOLDERS September 26, 2020

This proxy is solicited on behalf of the management of Metalore Resources Limited (the "Corporation"). The undersigned, being a shareholder of the Corporation hereby appoints, Armen A. Chilian, President and Chief Executive Officer of the Corporation, or failing him, Donald W. Bryson, Chief Financial Officer of the Corporation, or instead

, as proxyholder for and on behalf of the of either of them. undersigned with the power of substitution to attend, act and vote for and on behalf of the undersigned in respect of all matters that may properly come before the annual and special meeting of the shareholders of the Corporation to be held on September 26, 2020 (the "Meeting"), and at any adjournment or adjournments thereof, to the same extent and with the same power as if the undersigned were personally present at the Meeting or such adjournment or adjournments thereof. The undersigned hereby directs the proxyholder to vote the securities of the Corporation recorded in the name of the undersigned as specified herein. If no choice is specified with respect to the matters listed above, the proxy will be voted "For" on such matters.

	FOR	AGAINST
The election of Armen A. Chilian as a Director of the Corporation 1.
The election of Donald W. Bryson as a Director of the Corporation 2.
The election of Timothy J. Cronkwright as a Director of the Corporation 3.
The election of Bruce A. Davis as a Director of the Corporation 4.
The election of John C. McVicar as a Director of the Corporation 5.
To approve the appointment of S&W LLP, Chartered Accountants as auditors of the Corporation 6. and to authorize the directors to fix the remuneration of the auditors
To exercise discretionary authority in voting "For" or "Against" in the transaction of such further $\sqrt{2}$ or other business as may properly come before the Meeting

If any amendments or variations to the matters referred to above or to any other matters identified in the notice of meeting are proposed at the Meeting or any adjournment or adjournments thereof, or if any other matters which are not now known to management should properly come before the Meeting or any adjournment or adjournments thereof, this proxy confers discretionary authority on the person voting the proxy to vote on such amendments or variations or such other matters in accordance with the best judgment of such person.

To be valid, this proxy must be received by the Corporation at its registered mailing address at P.O. Box 422, Simcoe, Ontario, N3Y 4L5, Canada, not later than 48 hours, excluding Saturdays, Sundays and statutory holidays, prior to the Meeting or any adjournment thereof. Late proxies may be accepted or rejected by the Chairman of the Meeting in his discretion, and the Chairman is under no obligation to accept or reject any particular late proxy.

This proxy revokes and supersedes all proxies of earlier date.

Signature of Shareholder

Name of Shareholder (Please Print)

Number of Shares Held

DATED _______ day of ___________________________________