AURYN RESOURCES INC. ANNUAL INFORMATION FORM FOR THE FINANCIAL YEAR ENDED DECEMBER 31, 2018 DATED AS OF MARCH 26, 2019 600 – 1199 WEST HASTINGS STREET VANCOUVER, BRITISH COLUMBIA V6E 3T5 TABLE OF CONTENTS PRELIMINARY NOTES ............................................................................................................................................. 4 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS ................................................. 4 MATERIAL RISKS AND ASSUMPTIONS: ..................................................................................................................... 5 RESOURCE CATEGORY (CLASSIFICATION) DEFINITIONS .......................................................................... 6 CORPORATE STRUCTURE .................................................................................................................................... 8 NAME, ADDRESS AND INCORPORATION ................................................................................................................... 8 NOTE: SEE EACH PROJECT SECTION CONTAINED WITHIN THE DESCRIPTION OF BUSINESS FOR COMPLETE DETAILS WITH RESPECT TO EACH PROJECT’S OWNERSHIP. .......................................... 9 GENERAL DEVELOPMENT OF THE BUSINESS ............................................................................................... 9 THREE YEAR HISTORY ............................................................................................................................................. 9 BUSINESS DESCRIPTION .................................................................................................................................... 13 GENERAL ................................................................................................................................................................ 13 RISK FACTORS ........................................................................................................................................................ 13 COMMITTEE BAY PROJECT ................................................................................................................................ 21 AMENDED AND RESTATED TECHNICAL REPORT .................................................................................................... 21 PROJECT DESCRIPTION AND LOCATION ................................................................................................................. 21 LAND TENURE ......................................................................................................................................................... 21 ACCESSIBILITY ........................................................................................................................................................ 22 CLIMATE .................................................................................................................................................................. 22 LOCAL RESOURCES ................................................................................................................................................ 22 EXISTING INFRASTRUCTURE ................................................................................................................................... 22 HISTORY.................................................................................................................................................................. 23 PAST PRODUCTION ................................................................................................................................................. 23 GEOLOGY AND MINERALIZATION ............................................................................................................................ 23 EXPLORATION STATUS ........................................................................................................................................... 24 COMMITTEE BAY RAB DRILLING QA/QC DISCLOSURE ........................................................................................ 25 COMMITTEE BAY DIAMOND DRILLING QA/QC DISCLOSURE................................................................................. 25 MINERAL RESOURCES ............................................................................................................................................ 25 MINERAL RESERVES ............................................................................................................................................... 26 ADJACENT PROPERTIES ......................................................................................................................................... 26 CONCLUSIONS ........................................................................................................................................................ 26 RECOMMENDATIONS ............................................................................................................................................... 27 HOMESTAKE RIDGE PROJECT .......................................................................................................................... 28 TECHNICAL REPORT ............................................................................................................................................... 28 PROJECT DESCRIPTION AND LOCATION ................................................................................................................. 29 LAND TENURE ......................................................................................................................................................... 29 ACCESSIBILITY ........................................................................................................................................................ 29 CLIMATE .................................................................................................................................................................. 30 LOCAL RESOURCES ................................................................................................................................................ 30 EXISTING INFRASTRUCTURE ................................................................................................................................... 30 HISTORY.................................................................................................................................................................. 30 PAST PRODUCTION ................................................................................................................................................. 32 GEOLOGY AND MINERALIZATION ............................................................................................................................ 32 EXPLORATION STATUS ........................................................................................................................................... 33 HOMESTAKE RIDGE DRILLING QA/QC DISCLOSURE ............................................................................................ 33 MINERAL RESOURCES ............................................................................................................................................ 33 - 2 - MINERAL RESERVES ............................................................................................................................................... 34 ADJACENT PROPERTIES ......................................................................................................................................... 34 CONCLUSIONS ........................................................................................................................................................ 34 RECOMMENDATIONS ............................................................................................................................................... 35 PERUVIAN EXPLORATION PORTFOLIO – SOMBRERO PROJECT ........................................................... 37 TECHNICAL REPORT ............................................................................................................................................... 37 PROJECT DESCRIPTION, LOCATION AND MINERAL TENURE ................................................................................. 37 PROPERTY OWNERSHIP ......................................................................................................................................... 39 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY .................................... 40 ACCESSIBILITY ........................................................................................................................................................ 40 CLIMATE .................................................................................................................................................................. 40 LOCAL RESOURCES & INFRASTRUCTURE .............................................................................................................. 40 PHYSIOGRAPHY ...................................................................................................................................................... 40 HISTORICAL EXPLORATION COMPLETED BY PREVIOUS COMPANIES .................................................................... 41 GEOLOGICAL SETTING ...........................................................................................................................................