P R I M E R E G I O N S. P R I M E P R O J E C T S. I N T E L L I G E N T E X P LO R AT I O N.

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1 O NE OF THE LA RGEST DEVELO P MENT STAGE SILVER PROJECTS IN THE WORLD P R I M E R E G I O N S. P R I M E P R O J E C T S. I N T E L L I G E N T E X P LO R AT I O N.

2 Safe Harbour Disclaimer & Resource Disclosure Certain statements contained herein regarding the Company and its operations constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations for future performance, are forward-looking statements. We caution you that such forward looking statements involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such risks and uncertainties include fluctuations in precious metal prices, unpredictable results of exploration activities, uncertainties inherent in the estimation of mineral reserves and resources, fluctuations in the costs of goods and services, problems associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions where the Company operates, lack of appropriate funding and other risk factors, as discussed in the Company s filings with Canadian and American Securities regulatory agencies. Resource and production goals and forecasts may be based on data insufficient to support them. Mr. Vic Chevillon, MSc, CPG, is the Qualified Person for the Company as required by NI The Company expressly disclaims any obligation to update any forward-looking statements. Risk factors to which the company and its business are subject are described in the section Risk Factors contained in its most recent annual information form, which is available under the company s profile at ( TSX: LVN 2

3 Key asset: Cordero silver/polymetallic project (silver, zinc, lead, gold) One of Mexico s Premier Porphyry District Targets CHIHUAHUA HIDALGO DEL PARRAL CORDERO Announced 2018 expanded, bulk tonnage Resource update and Preliminary Economic Assessment (PEA) Novel porphyry mineralization controls 100% owned District scale claim position (37,000 hectares) Ideal mining and infrastructure setting E of the Sierras Legend Km Cities Mines Pitarilla (Silver Standard) San Augustin (Silver Standard) Chihuahua-Zacatecas Silver-Gold Belt La Preciosa (Coeur Mining) 300 Penasquito (Goldcorp) Camino Rojo (Canplats) Mexico Mi TSX: LVN 3

4 Cordero drilling Since 2009 Levon Discovery Four phases of exploration drilling to reach the 2018 resource and PEA 132,000 meters core drilling in 292 holes TSX: LVN 4

5 THE CORDERO PROJECT From discovery to world-class resource in 5 years Silver: 407.8M oz indicated, 187.5M oz inferred* Zinc: 8M lbs indicated, 4.7M lbs inferred* Lead: 3.8M lbs indicated, 1.9M lbs inferred* Gold: 1.27M oz Indicated, 363K oz Inferred* 2018 Cordero Project Mineral Resources 1 Cut off Grade $/t Resource Class Million Tonnes AgEq g/t Ag g/t Zn % Pb % Au g/t Indicated Inferred Resource is not drilled off open to expansion on strike and at depth Advanced metallurgy targeting improved recoveries 1 Totals may not sum due to rounding. *Resource-related disclosure on the Slide #2: Safe Harbour Disclaimer & Resource Disclosure. TSX: LVN 5

6 2018 over 1.5 billion contained silver equivalent ounces* THE CORDERO PROJECT grams in one troy ounce, reported as oz/t (where t= tonne) Contained Metal Contained AgEq Oz (000s) 2 Ag, Oz (000s) Zn, Lbs (000s) Pb, Lbs (000s) Au, Oz (000s) Indicated 1,016, ,761 8,030,051 3,774,996 1,273 Inferred 512, ,461 4,665,047 1,859, Total 1,528, ,222 12,695,098 5,634,795 1,636 2 Calculated using AgEq g/t as reported in Press Release dated: March 5, 2018 *Resource-related disclosure on the Slide #2: Safe Harbour Disclaimer & Resource Disclosure. TSX: LVN 6

7 Cordero s ideal mining infrastructure Easy road access, 10 km off State highway E of Sierras Low relief, rolling topography ideal for open pit mining, mill construction and tailings disposal (dams can be constructed of waste rock and mill tailings) Abundant power and water Skilled, experienced work force only 35 km away in Hidalgo Del Parral with 120,000 people and 35-40% unemployment 7 Chihuahua, Mexico

8 Scale of modeled open pit Ultimate open pit about 2.3 km wide x 3 km long Resource blocks crop out at surface = low waste-to-ore strip ratio of 0.94/1 Resource not delineated: Open to the south, north, northeast and at depth TSX: LVN 8

9 Type I Mineralized Diatreme Breccia Phase 1 Discovery Hole C M Intersection Grading 80.6 g/t Silver 1.41% Zinc 2.27% Lead 0.61 g/t Gold Locally high grade. Mineralization directly analogous to Penasquito mine discovery outcrops. TSX: LVN 9

10 Type 2 Pozo De Plata Diatreme Breccia Replacement Mineralization 26M Intersection Grading g/t Silver 2.92% Zinc 7.06% Lead g/t Gold Analogous with high grade underground ore at Penasquito. TSX: LVN 10

11 Type 3 Cordero Porphyry Zone Porphyry Style Mineralization Mineralized pervasive potassic alteration cut by incomplete pervasive phyllic alteration (at right) Disseminated galena, sphalerite and pyrite At left stockwork vein sphalerite, galena veins and crackle breccia Key mineralization type of porphyry deposits TSX: LVN 11

12 District Scale Project & Property 100% Levon Ownership 37,000 hectares (370 sq km or 143 sq mi) Levon owned mining claims 2013 acquisition of Aida claim consolidates 100% Levon ownership of all mining claims Key Aida claim drill results better than expected (30Apr14 press release): Better grades at depth in newly discovered feeder zones in the center of the resource Resource exposed to the surface Legend Area of initial Resource Core Drilling Tertiary felsic volcanic Intrusive centers & diatremes New claims staked km Grid Original claims Area of Current NI Resource Original claims New claims staked 2014 TSX: LVN 12

13 2013 Acquisition of the Aida Claim, 2014 Drilling, 2018 Resource Update and PEA Major Advances Resource Proximal Delineation Target Aida claim and 2013/2014 drilling Previous drill holes A 2012 PEA Constrained by not trespassing on Aida claim. After seven years of negotiations, Levon acquired the key Aida Claim in 2013 and Levon now owns all claims covering the resource and all claims in the entire district. Latest 2017 resource infill definition drilling expands past 2014 resource. 30Apr14 Aida Drilling Press Release Cordero Resource (July, 2012) Proximal Resource Delineation Target Cordero Project, Chihuahua, Mexico 1 km grid N 2018 resource still open to expansion by drilling around its perimeter and at depth (map to left) PEA considers an optimized part of the 2018 global resource for mining. TSX: LVN 13

14 Drilling The Aida Claim Results improve continuity and grade of mineralization Drill results extend mineralization across the Aida Claim from surface to feeder zones discovered at depth in the center of the resource drilling 24 holes, 13,072 meters 2017 drilling 18 holes, 5,655 meters TSX: LVN 14

15 Aida Claim: Wide mineralization from surface, higher grade feeders at depth Wide intersected mineralization from the surface Higher grade mineralization discovered at depth in volcanic feeder zone TSX: LVN 15

16 What s Next At Cordero? Advanced Exploration Project Set for Pre-feasibility study Further improve the project s economics Under the direction of M3 Engineering and Independent Mining Consultants Expand mill design Current 88% metallurgical recoveries from 3rd round bench scale tests likely to improve with additional testing 16

17 Development strategy Strategic alliance with a major TSX: LVN 17

18 Is a bull market on the horizon? SILVER Spot Price (EOD) CME Support Support - Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18 TSX: LVN 18

19 Mexico: prime country for mining Competitive advantages A mining-friendly, emerging economic powerhouse with exceptional mineral resources, mining history and culture, and skilled labor. 19

20 Recent News 9.9% investment in Pershing Gold Corporation New strategic investors in Levon Reviewing other investment opportunities to increase shareholder value TSX: LVN 20

21 Our team Ron Tremblay Daniel Vickerman Vic Chevillon, M.Sc., C.P.G. JoAnne Odette Christina Boddy Gary Robertson Edward Karr Francisco Armenta President/CEO and Director Chairman and Director V..P. Exploration and Director CFO Corporate Secretary Director Director Mexico Operations 21 Ron Tremblay and Vic Chevillon at Cordero

22 Share info and share prices Shares Outstanding 125,617,907 Options Outstanding 8,846,000 Insiders own approximately 18.01% of fully diluted shares Listed on: TSX: LVN OTCQX: LVNVF Warrants Outstanding 2,571,214 at $0.50 Expiring Feb 2020 Fully Diluted 137,035,121 Recent Price $0.31 Chihuahua, Mexico TSX: LVN 22

23 Suite 500, 666 Burrard St. Vancouver, BC V6C 2X IR contact: levon.com Chihuahua, Mexico