CORPORATE PRESENTATIONOCTOBER 2020

Qualified Person / Legal Cautions

QUALIFIED PERSON:

All scientific or technical information contained in this presentation has been reviewed and approved byStephen Kenwood, P.Geo., a Director of Sonoro Gold Corp., who is a “Qualified Person" as defined inNational Instrument 43-101 of the Canadian Securities Administrators.

FORWARD-LOOKING STATEMENT CAUTIONS:

This presentation contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to,among other things, the Company's plans for 50,000 meters of drilling of the Cerro Caliche Concessions, located in the municipality ofCucurpe, Sonora, Mexico, the Company’s future exploration plans for those properties, the development of a heap leach pilot operation,and the need for future financing to support the Company’s operations. Although the Company believes that such statements arereasonable based on current circumstances, it can give no assurance that such expectations will prove to be correct. Forward-lookingstatements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans,""anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions,or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, referto future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of theCompany's management on the date the statements are made and they involve a number of risks and uncertainties, including thepossibility of unfavourable interim exploration results, the lack of sufficient future financing to carry out exploration plans, andunanticipated changes in the legal, regulatory and permitting requirements for the Company’s exploration programs. There can be noassurance that such statements will prove to be accurate, as actual results and future events could differ materially from thoseanticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Companydisclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, futureevents or otherwise, except as required by law or the policies of the TSX Venture Exchange. Readers are encouraged to review theCompany’s complete public disclosure record on SEDAR at www.sedar.com.

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Company Overview

Highlights Canadian junior publicly listed exploration and

development company

Planning for commercial production in Q4-2021

Highly experienced management team in resource finance, development and operations Asia Pacific Resources Western GeoPower Corp. Crew Development Corp.

Highly experienced exploration team with proven track record in mineral discovery La Colorada (Pediment-Argonaut) San Antonio (Pediment-Argonaut) Chipriona (Sonoro-Agnico Eagle)

Owns precious metals properties in the major mining districts of Sonora, Mexico Cerro Caliche Gold Project San Marcial Gold & Silver Project

Management TeamJohn Darch, Chairman & Director: 35 years experience in the identification, funding, exploration and development of mining and energy projects worldwide.

Kenneth MacLeod, President, CEO & Director: 35 years experience as an entrepreneur, financier and executive officer in the resource sector worldwide.

Melvin Herdrick, P.Geo, VP Exploration: 45 years experience, including Chief Geologist, Mexico for Phelps Dodge & VP Exploration for Pediment Gold Corp.

Jorge Diaz, Operations Manager, Mexico: 49 years experience as a mining engineer in Mexico, including construction of the Mulatos Mine and La Colorada Mine.

Steve Kenwood, P.Geo, Director & Qualified Person: 25 years mineral exploration experience with Cominco; Prime Exploration and Adrian Resources.

Salil Dhaumya, CPA, CMA, Chief Financial Officer: 20 years financial and administrative experiences with public exploration companies and international subsidiaries.

Neil Maedel, Executive Director, Corporate Finance: Over 30 years experience in international venture capital financing for the natural resource sector.

James Taylor, Director: Over 35 years experience as an investment advisor; financing expertise in the natural resource sector and with venture companies.

Curtis Turner, Director:Over 15 years experience in business and finance; mergers and acquisitions, public reporting and operations, community and government relations.

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Sonora State, Mexico

Sonora State 500 Years of Mining History

Low Political Risk Jurisdiction

Excellent Infrastructure

Mining friendly – rapid permitting

Hermosillo: Technological center with Ford auto assembly plant

Sonora State Production 2018* 38% of Mexico’s Gold Output

1.9 Moz. Gold Production

9% of Mexico’s Silver Production

21 Moz. Silver Production

Cerro Caliche and San Marcial Locations*Source: INEGI, SGM

Mexico 8th Global Gold Producer

1st Global Silver Producer

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Cerro Caliche Gold Project

Concession 100% interest in 1,400 ha. within private ranch Mineralized structures cover entire concession 23,000 m of drilling completed to 2019 50,000 m core & RC drill program launched Sept 2020 17 high-priority mineralized structural vein zones at surface Potential for open pit, heap-leach, low-strip ratio gold mine

Location 3 hrs north of Hermosillo 3 hrs south of Tucson, AZ

Gold Mining District Premier Gold’s Mercedes gold mine Goldgroup’s Cerro Prieto open-pit gold mine Agnico Eagle’s Santa Gertrudis gold project

Geology Large area of low sulfidation epithermal mineralization

Sonora State, Mexico

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Cerro Caliche Gold Project

Aeromagnetic Survey:Cerro Caliche & Mercedes Mine*

Outline of Saracachi Batholith

A calc-alkaline intrusive ranging fromgranodiorite to granite porphyryigneous batholith with reducedcharacter having higher ilmenite inplace of magnetite resulting in loweredmagnetic intensity intrusives but stillenough to show from the survey theinferred outline of that batholith withthe thick dark purple line.

This type of intrusive is capable of producingmultiple large gold deposits.

*Source: SGM Servicio Geologico Mexicano 1997 Saracachi H12-B72

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Proj

ecte

d Fa

vora

ble

zone

Cerro

Cal

iche

El Colorado, El Boludito, La Española

Cabeza Blanca, Buena Suerte

Veta de Oro, Gloria, Chinos Altos

El Rincón, Reyna de Plata, El Bellotozo

Japoneses, Cuervos, Abejas, Abel

El Desprecio

Magdalena, Diana, El Puerto

El Quínce, San Quintín, La Ventana

Conceptual Epithermal Model

1,100

1,200

1,300

1,400

1,500

1,600

1,700

1,000

maslModificado de Buchanan (1981),Corbett & Leach (1996) y otros.

Projected Mineral Zoning in Veins

Undetermined…

Cerro Caliche Gold Project

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Cerro Caliche Gold Project

Core Holes DD-01/11Multiple Mineralized Zones

Red Bordered Zone:• Japoneses Zone• Location of most of the

200,000 oz inferred resource grading 0.545 g/t AuEq*

Black Bordered Zones:• 8+ partially drilled zones• Similar grades to Japoneses

Zone• Tighten drill spacing to

determine resource

Yellow Highlights• Proposed drill traces for first

11 core holes to test high-grade mineralization at 200/300 m depth

* 11,5 Mt at avg 0.5 g/t Au + 4.3 g/t Ag containing 200,000 oz at 0.545 g/t AuEq. Source: NI 43-101 Technical Report on Cerro Caliche dated July 26, 2019

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Cerro Caliche Gold Project

COREX 2008

Chinos NW

DD-02

Length 400 m(1080 msnl)

Buena Suerte

AbejasJaponeses

Chip surf sample9.35 g/t Au170 g/t Ag

Chip surf sample19.9 g/t Au42 g/t Ag

Chip surf sample4.4 g/t Au16 g/t Ag

Hole SCR-0651.52m @ 3.42 g/t Au, 16 g/t AgHole SCR-065

1.52m @ 1.9 g/t Au, 23 g/t Agand 1.52m @ 4.2 g/t Au, 68 g/t Agand 1.53m @ 3.7 g/t Au, 1.9 g/t Agand 1.52m @ 3.4 g/t Au, 24 g/t Ag

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Cerro Caliche Gold Project

COREX 2008

DD-05

Length 200 m(1100 msnl)

El QuínceEl Colorado

Chip surf sample8.45 g/t Au, 0.5 g/t Ag

Chip surf sample2.65 g/t Au, 2 g/t Ag

Chip surf sample25.14 g/t Au, 194 g/t Ag

3.2 g/t Au, 2 g/t Ag

Hole SCR-04410.67m @ 12.8 g/t Au, 6 g/t Ag

and 4.57m @ 3.2 g/t Au, 23.2 g/t Ag

Hole SCR-0457.62m @ 1.8 g/t Au, 7 g/t Ag

Chip surf sample4 g/t Au, 2 g/t Ag

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Cerro Caliche Gold Project

Complete 4,000 m core and 7,000 m RC drilling

Infill & step-out drilling to expand inferred resource and explore for high grade gold and silver in vein zones

Submit Application for Mining License

Complete metallurgical testing

Update NI 43-101 Technical Report on Resource

Complete Preliminary Economic Assessment

Finalize Engineering for Mining Development

Obtain Mining License

Commence Mine Construction

Initiate Commercial Production

2020/21 Timelines for Cerro Caliche

Photo: Cerro Caliche in background

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Capital Structure

Share Structure

CANADA……TSX.V: SGO

Trading Symbols USA…….OTCQB: SMOFF

GERMANY……FRA: 23SP

Recent Share Price $0.30

Year-High $0.34

Year-Low $0.12

Average 6-month Volume 1.75 million

Market Capitalization $24.6 million

Current Issued & Outstanding 82.10 million

Warrants 41.71 million

Stock Options 7.88 million

Shares Fully Diluted 131.69 million

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Suite 408, 470 Granville StreetVancouver, BC V6C 1V5

Tel: 604.632.1764 www.sonorogold.cominfo@sonorogold.com

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