Rupert Resources Ltd.

Rupert Resources — Investor Presentation (July 2020)

19 slides from Rupert Resources's investor presentation, July 2020

  1. Slide 1: Targeting multi-million ounce gold discoveries in Northern Finland

    Targeting multi-million ounce gold discoveries in close proximity to a 100% owned permitted mill in Northern Finland JULY 2020 RUP - TSXV

  2. Slide 2: Cautionary Statement

    CAUTIONARY STATEMENT Cautionary Note Regarding Forward-Looking Information April 2018 resource estimate for the Pahtavaara Project This document contains certain forward-looking statements or “forward looking The Mineral Resource estimate for the Pahtavaara Project is reported in information” within

  3. Slide 3: Investment Highlights

    INVESTMENT HIGHLIGHTS 1. Permitted, recently producing gold mine with regional exploration upside 2. Finland, a top-tier jurisdiction for mining with potential for multi-million ounce discoveries 3. CEO, James Withall is a former gold equity fund manager and a geologist 4. Multiple new gold discover

  4. Slide 4: Team with Proven Mine Finders

    TEAM WITH PROVEN MINE FINDERS BLEND OF INTERNATIONAL AND LOCAL EXPERTISE Gunnar Nilsson – Non-Executive Chairman Thomas Credland – Head of Corporate Development Gunnar Nilsson was appointed as Non-Executive Chairman in June A geologist with over 15 years experience in mining, Thomas began 2018. Gunn

  5. Slide 5: Capital Structure

    CAPITAL STRUCTURE FUNDED FOR DISCOVERY Capital Structure Rupert share price – 1 year (+274%) Shares on Issue 155,545,761 Options 10,385,000 AEM warrants (at CAD 1.00/shr) 11,543,704 Fully Diluted Shares 177,474,465 Market Cap (at CAD 2.55/shr) CAD396.6M Last reported cash (February 29, 2020) CAD14.3

  6. Slide 6: Gold Equities and Exploration in Charts

    GOLD EQUITIES AND EXPLORATION IN CHARTS The Opportunity in Gold Equities 2000 350 (EMIX Global Mining Gold - USD) 1750 300 Gold Price - USD 1500 250 • Record spread between gold price and gold equities Gold Equities 1250 200 1000 750 150 • Gold price close to record 100 highs in many currencies 500

  7. Slide 7: Strategic Land Position

    STRATEGIC LAND POSITION RUPERT CONTROLS 297KM2 ALONG A MAJOR REGIONAL STRUCTURE AND OWNS 100% OF ONE OF TWO PERMITTED GOLD MILLS IN THE REGION KITTILÄ MILL (2MTPA CAPACITY) PAHTAVAARA MILL (0.5MTPA CAPACITY) RUP - TSXV 7

  8. Slide 8: The Strategic Value of Owning a Mine and Mill

    THE STRATEGIC VALUE OF OWNING A MINE AND MILL EXPLORATION SUCCESS AT EXISTING MINES ATTRACTS A PREMIUM VALUATION Resource premium for projects with mills and exploration success at existing mines 450 400 Project with existing mill EV/Global Resource (USD/oz) 350 Project without mill 300 250 200 150

  9. Slide 9: Regional Geological Model Analogy

    REGIONAL GEOLOGICAL MODEL ANALOGY Extract from regional study prepared by Dr. Brett Davis, consulting structural geologist to Rupert Resources Ltd. See the Company’s July 30, 2018 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo., is the Qu

  10. Slide 10: Regional Discoveries

    REGIONAL DISCOVERIES SIX NEW DISCOVERIES IN FIRST TWELVE MONTHS AT AREA 1 See the Company’s Sept 10, 2019 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo., is the Qualified Person who supervised the preparation of the scientific and techni

  11. Slide 11: Area 1 – Multiple New Discoveries

    AREA 1 – MULTIPLE NEW DISCOVERIES NO DRILLING DEEPER THAN 200M VERTICAL… See the Company’s June 10, 2020 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo., is the Qualified Person who supervised the preparation of the scientific and technic

  12. Slide 12: Ikkari – Potential Multi-Million Ounce Discovery

    IKKARI – POTENTIAL MULTI-MILLION OUNCE DISCOVERY AT LEAST 450M OF STRIKE, OPEN AT DEPTH AND POTENTIAL FOR PARALLEL ZONES See the Company’s May 12, 2020 and June 29, 2020 press releases for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo. and Dr Charlie Seab

  13. Slide 13: Ikkari Mineralisation

    IKKARI MINERALISATION A TEXTBOOK EXAMPLE OF OROGENIC GOLD MINERALISATION Visible gold vein in hole 120061 (107g/t Au over 1m) • Strong foliation and shearing • Occurrences of visible gold • Intense alteration • Finely disseminated pyrite throughout • Located on major regional structure Three centime

  14. Slide 14: Heinä South Discovery

    HEINÄ SOUTH DISCOVERY Visible gold vein in hole 120033 482g/t Au over 1m 120011 – 5.2G/T AU OVER 9.5M 120033 – 482G/T AU OVER 1.0M • Gold hosted in a pyrite-quartz vein stockwork • Target open to north east, west and at depth • IP geophysics (completed subsequently) suggests an un-tested offset to t

  15. Slide 15: Heinä Central Discovery

    HEINÄ CENTRAL DISCOVERY 119044 - 31M GRADING 1.5G/T Au & 0.5% Cu 119062 - 10.6M GRADING 3.3G/T Au & 1.5% Cu 119049 - 37.5M GRADING 0.8% Cu & 0.4 G/T Au See the Company’s October 17, 2019 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo., is

  16. Slide 16: Near Mill Exploration

    NEAR MILL EXPLORATION NEW HIGH GRADE RESULTS - POTENTIAL TO INCREASE EXISTING RESOURCE1 See news release from 16 January 2020 for further information. Mike Sutton, a qualified person under NI 43-101 reviewed and approved the scientific and technical information in this image. 1 Inferred Resource of

  17. Slide 17: Scale Underestimated by Previous Owners

    SCALE UNDERESTIMATED BY PREVIOUS OWNERS RESOURCE EXPANSION POTENTIAL AT SURFACE, DEPTH AND ALONG STRIKE Mine Permitted tailings facility • Open pits & 30km U/G development to 450m RL • Potential capacity up to 8M m3 500ktpa processing plant Low estimated capital restart potential • Produced over 350

  18. Slide 18: Summary and Catalysts

    SUMMARY AND CATALYSTS ABILITY TO UNLOCK VALUE OF DISCOVERIES THOUGH PERMITTED PAHTAVAARA MILL AREA 1 • Ongoing drilling of new discoveries with potential to become high value deposits PAHTAVAARA MINE • New high-grade zones, open pit potential, resource upside REGIONAL EXPLORATION • Ongoing program t

  19. Slide 19: Contact Details

    CONTACT DETAILS James Withall – Chief Executive Officer Email - jwithall@rupertresources.com Thomas Credland – Head of Corporate Development Email - tcredland@rupertresources.com Address 82 Richmond Street East Suite 203, Toronto, Ontario M5C 1P1 Website www.rupertresources.com 19

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