Slide 1: Wawa Gold Project: Exploration Success Leading to Resource Growth
Wawa Gold Project Exploration Success Leading to Resource Growth October 2024
Slide 2: Forward Looking Statement
Forward Looking Statement The information in this presentation has been prepared as of October 17th, 2024. This presentation, the information contained herein, any other materials provided in This information contained in this Presentation is connection with this presentation and any oral remarks ac
Slide 3: Exploration Success Focused on Continued Expansion of the RPX Resource
Exploration Success Focused on Continued Expansion of the RPX Resource 100% owned Wawa Gold Project Highly prospective claim block hosting numerous historical mines and untested targets, Exploration potential down which are currently being dip, down plunge and along explored on surface strike to the
Slide 4: Key Shareholders and Capital Structure
Key Shareholders (Approximate values) Capital Structure (CAD) * As of Oct 2024 13.5% ~1% Alamos Management 30% 55.5% Basic Shares Outstanding 292.3M Institutional Retail/Other Options (avg. $0.36) 7.1M Key institutional investors Warrants (avg. $0.13) 9.3M GOLD 2000 (15.4M expired on May & September
Slide 5: Peer Trading Multiples Comparison
HAYWOOD Red Pine Exploration Inc. Peer Trading Multiples Comparison P/NAV & EV/oz Comparison to Peers Total Peer Group Comparables Share Price NAVPS P/NAV Res a EV/oz Company (C$) (S$) (02) (C$M) (Moz AuEq) (US$/oz) Amex Exploration Inc. $1.17 $3.01 0.39x $116 16 : $51.7 Bonterra Resources Inc. $0.2
Slide 6: Prolific Gold District in a Trusted Jurisdiction
“…The Wawa region has produced over 3 million Prolific Gold District ounces of gold since the start of the first gold rush in in a Trusted Jurisdiction the late 1890s, with grades exceeding 5 g/t gold.” https://investingnews.com/innspired/ontario-michipicotin-gold-district/ Influx of Activity in the
Slide 7: Wawa Gold Project: Large Gold System
Large Gold System Historical production of rED Pine’s 120,093 oz @ 9.04 g/t gold Wawa Gold Project Ontario, Canada McMurray Township, 2 km southeast of Location the Town of Wawa, Ontario 7,000+ hectares with 122 patents / Size leases and 307 mining claims All weather road, Access access from highway
Slide 8: Comparative Evolution of Nearby Deposits
Comparative Evolution of Nearby Deposits Wesdome Eagle River Mine Alamos Gold lsland Gold RED PINE EXPLORATION Surluga 2.5 km 2 km 3 km 500m 1000m 1500m Mined out Mined out Mined out 2000m Redpineexp.com | Tsx-v: RPX | OTCQB:RDEXP PAGE 8
Slide 9: Significantly Increased Mineral Resource for the Wawa Gold Project
Red Pine Announces Significantly Increased Mineral Resource for the Wawa Gold Project Ounces of Gold in the Mineral Resource 2000000 Gold (Ounces) 1500000 News Release, August 28, 2024 1000000 500000 • The deposit is highlighted by continuous gold mineralization starting from 0 2018 surface and exte
Slide 10: Vertical cross-section showing Au grade block model
Vertical cross-section (looking north) showing Au grade block model A A' Surface Plan View Recently Discovered/Drill Pit Boundary Hanging wall Zones Gold (GPT) > 20.0 Open 10.0 to 20.0 Pit Untested 5.0 to 10.0 2.0 to 5.0 A Jubilee 1.0 to 2.0 Shear 0.4 to 1.0 0.2 to 0.4 0.05 to 0.2 A ' Section width:
Slide 11: 2024-2025 Drilling Program
2024-2025 Drilling Program • Bold program that prioritize large step outs – not infill drilling • Numerous targets tested with fewer multi-purpose hole in each areas whenever possible • Extension drilling to start in best area in November 2024 – Up- and down-plunge of the 2024 mineral resource - Jub
Slide 12: Results of 2024 Prospecting – Cooper Mine Area
Results of 2024 Prospecting – Cooper Mine Area The reader is cautioned that grab samples are selective by nature and that the assay results from grab samples are not representative of the actual gold grade of the mineralized zones.
Slide 13: Jubilee North and Jubilee/Cooper areas – Planned drilling
Jubilee North and Jubilee/Cooper areas – Overview of the planned drilling Recently discovered extensional shears and veins parallel to Cooper Shear – Minto “Look alike” 39.09/0.40 116.4/0.37 17.14/0.30 88.50/1.00 1.99/4.69 16.46/0.61 1.63/26.74 15.77/0.30 25.60/0.79 Targets for drill testing Bi-rich
Slide 14: Excellent Infrastructure
Excellent Infrastructure Large Core Logging Facilities 30 Man Camp On Site Redpineexp.com | Tsx-v: RPX | OTCQB:RDEXP 14
Slide 15: Environment and Social Responsibility
Environment and Social Responsibility Strong Community Support Ongoing Environmental Strong Relationship with First Nations Baseline Work and the Town of Wawa Water sampling, tailing pond monitoring and drill site remediation Permitting In Place ESG Reporting Published Fully permitted for all explor
Slide 16: Contact Us
Contact Us Carrie Howes Director Corporate Communications chowes@redpineexp.com 416-644-7375 Corporate Office REDPINEEXP.COM 145 Wellington Street West Suite 1001 Toronto, ON M5J 1H8 Canada Redpineexp.com | Tsx-v: RPX | OTCQB:RDEXP 16
Slide 17: Red Pine Management
Red Pine Management michael Jean-François Eric Carrie Michaud Montreuil Josipovic Howes CEO & DIRECTOR VP EXPLORATION CFO & CORPORATE SECRETARY DIRECTOR CORPORATE COMMUNICATIONS P.Geo., M.Sc. P.Geo. Ph.D CPA, CA Professional Geologist with over Over 15 years experience defining Finance executive wit
Slide 18: Red Pine Board of Directors
Red Pine Board of Directors Drew Rachel Paul Michael Alice Gary Anwyll Goldman Martin Michaud Murphy O’Connor DIRECTOR DIRECTOR CHAIRMAN DIRECTOR DIRECTOR DIRECTOR P.Eng, M.Eng. CDID.D CPA, CA P.Geo., M.Sc. CPA, FCPA P.Geo. FAusIMM Over 30-year extensive Professional Geologist with Mining engineer w
Slide 19: Updated Mineral Resource Estimate
Updated Mineral Resource Estimate Zone Category Resource Tonnes Grade (g/t Au) Ounces Gold Jubilee Indicated Open Pit 14,354,000 1.72 794,000 Jubilee Inferred Open Pit 14,718,000 1.40 665,000 Jubilee/Minto Indicated Underground 299,000 4.99 48,000 Jubilee/Minto Inferred Underground 1,456,000 3.80 17
Slide 20: Geology of the Wawa Gold Project
Geology of the Wawa Gold Project Large and multi- Many periods of Resources1 currently dimensional gold deposition estimated in only 2 gold system centered • Intrusion-related gold of the geological on the Jubilee Shear system (IRGS) structures forming • Hosted in an intrusive the gold system – Larg
Slide 21: Jubilee South area – Overview of the planned drilling
Jubilee South area – Overview of the planned drilling 3.31/14.94 Minto Mine S. 110/0.9 9 Parkhill Mine Parkhill #4 Minto Mine S. 120.88/0.30 Geological targets to be 14.87/4.80 tested Primary targets Parkhill #4 • Jubilee Shear • Minto Mine Shear • Parkhill #4 Shear Additonal targets Jubilee 4.88/6.
Slide 22: Longitudinal section showing Au grade block model
Longitudinal section (looking west) showing Au grade block model Surface Minto Jubilee Shear Jubilee North Pit Boundary Gold (GPT) 14.87/4.8* > 20.0 Including 27.40/0.92 Open Down Plunge 10.0 to 20.0 18.00/0.92 Untested 28.70/1.01 5.0 to 10.0 Open Down Plunge 2.0 to 5.0 4.88/6.73* 11.00/0.68* Includ