Rupert Resources — Investor Presentation (July 2018)
30 slides from Rupert Resources's investor presentation, July 2018
Slide 1: Developing a Pipeline of High Quality Assets in Low Risk Jurisdictions
DEVELOPING A PIPELINE OF HIGH QUALITY ASSETS IN LOW RISK JURISDICTIONS TSXV : RUP JULY 2018
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Cautionary Note Regarding Forward-Looking Information This information is qualified in its entirety by cautionary statements and risk This document contains certain forward-looking statements or “forward factor disclosure contained in filings made by the Company, including the l
Slide 3: Company Summary
COMPANY SUMMARY CORNERSTONE ASSET IN THE CENTRAL LAPLAND GREENSTONE BELT Pahtavaara Project – Production potential Capital Structure • Mine, 1500tpd mill and tailings dam (1) Shares on Issue 112,032,073 • Historical production 350kozs despite poor understanding Options & Warrants 8,315,000 of geolog
Slide 4: Unlocking the Potential of Our Assets
UNLOCKING THE POTENTIAL OF OUR ASSETS COMMITTED TO DELIVERING EXCEPTIONAL SHAREHOLDER RETURNS 2016 – Acquisition • Bottom of cycle, low cost acquisition, near term production potential • Early mover advantage in Finland (ranked #1 by Fraser Institute in 2017(1) ) 2017 and 2018 – Exploration and proj
Slide 5: Mining in Finland
MINING IN FINLAND NEW GENERATION OF LARGER PROJECTS BEING DEVELOPED IN LAPLAND Commercial gold mining is new in Finland Gold mines 1. Kittila (Agnico Eagle) • State owned mining company Outokumpu previously 2. Pahtavaara (Rupert) focussed on base metals 3. Laiva (Nordic Mines) 4. Pampalo (Endomines)
Slide 6: New Gold Mining District Emerging in Lapland
NEW GOLD MINING DISTRICT EMERGING IN LAPLAND Kittila Mine Outa Project Pahtavaara Mine Kevitsa Mine (Agnico Eagle) (Aurion / Kinross) (Rupert Resources) (Boliden) • Production of 200koz/a • Kinross LOI to acquire up to • Resource expected H1 2018 • Bought from FQM for • 8Moz resource 70% • 350 koz p
Slide 7: New Structural Interpretation
NEW STRUCTURAL INTERPRETATION 1 PAHTAVAARA AT CENTRE OF A MAJOR STRUCTURAL CORRIDOR Extract from regional study prepared by Dr. Brett Davis, consulting structural geologist to Rupert Resources Ltd 7
Slide 8: New Structural Interpretation
NEW STRUCTURAL INTERPRETATION 2 PROPERTY HAS MULTI-MILLION OUNCE RESOURCE POTENTIAL Extract from regional study prepared by Dr. Brett Davis, consulting structural geologist to Rupert Resources Ltd 8
Slide 9: New Structural Interpretation
NEW STRUCTURAL INTERPRETATION 3 MANY SIMILARITIES WITH MULTI MILLION OUNCE OROGENIC GOLD DEPOSITS Present in Pahtavaara Geological Criteria Deposit examples Project area Crustal-scale shear zones/fault corridors – long strike Yes Saattopora; Ashanti/Obuasi; Pamour; Kumtor; Macraes length Fault jogs
Slide 10: The Pahtavaara Project
THE PAHTAVAARA PROJECT ESTIMATED REPLACEMENT VALUE OF USD120MLN (1) 2 1 3 4 1 1500tpd mill 2 Tailings pond 3 Open pit 4 30,000m of UG development FIRST WORLD INFRASTRUCTURE, LOW HISTORIC OPERATING COSTS (1) Refer to page 1, forward looking “Cautionary Statement”. 10
Slide 11: A Fully Established Mining Project
A FULLY ESTABLISHED MINING PROJECT Fully Established Underground Mine • 30km of 5m x 5m development • Mechanised long hole mining method used • Good ground conditions • Mining contractor has prepared for future operation • Dewatering upgrade underway 500ktpa Processing Plant and Tailings Facility •
Slide 12: Reappraisal of Existing Drill Data
REAPPRAISAL OF EXISTING DRILL DATA PREVIOUS WORK COULD HAVE UNDERESTIMATED SCALE OF PAHTAVAARA Past 20 years of ownership • 300,000m of previous drilling • Fragmented database • No geological model & Minimal grade control • But still managed to produce 350koz Rupert initiatives • Database upgrade an
Slide 13: New Inferred Resource
NEW INFERRED RESOURCE PAHTAVAARA SHOWN TO YIELD OVER 2000 OZ / VERTICAL METER Cutoff (g/t Au) Grade (g/t Au) Tonnage Au oz Au kg 0.5 1.6 14,540,000 756,000 23,500 1.0 2.4 7,980,000 605,000 18,800 1.5 3.2 4,640,000 474,000 14,700 2.0 4.0 3,030,000 385,000 12,000 3.0 5.6 1,470,000 264,000 8,200 4.0 7.
Slide 14: Geological History of Pahtavaara
GEOLOGICAL HISTORY OF PAHTAVAARA AT LEAST TWO STAGES OF GOLD ENRICHMENT IDENTIFIED 14
Slide 15: Geological Model
GEOLOGICAL MODEL A LOW SULPHIDATION STRUCTURALLY CONTROLLED DEPOSIT Similar characteristics to major deposits in Abitibi, Canada and Yilgarn, Western Australia • Polyphase quartz-carbonate veining, multiple deformation phases both brittle and ductile • Intense alteration evolving over prolonged time
Slide 16: Initial Results of Underground Sampling
INITIAL RESULTS OF UNDERGROUND SAMPLING UNMINED MINERALISATION CLOSE TO EXISTING INFRASTRUCTURE 16
Slide 17: Near Mine Exploration Targets - Gold
NEAR MINE EXPLORATION TARGETS - GOLD MICROPANNING OF 2017 SOIL SAMPLES HAS IDENTIFIED NEW ANOMALIES • Panning has detected extensive fine grained gold in till • Possibly related to a proximal source • Up to 800 grains recorded (10x more than known mineralisation) Insert micropanning map. 17
Slide 18: Central Finland
CENTRAL FINLAND TWO ADVANCED STAGE EXPLORATION ASSETS Hirsikangas • Palaeoproterozoic orogenic gold deposit on 30km of Ruhanperä crustal scale shear zone • Only 1.2km of strike drilled at shallow levels, open down dip and along strike in both directions • Claims & Reservations covering approx 300km2
Slide 19: Hirsikangas Project
HIRSIKANGAS PROJECT RESOURCE CONTAINED ON 1.2KM OF 32KM CRUSTAL SHEAR ZONE Regional setting Expanded claim area • Palaeoproterozoic orogenic gold deposit on 30km of Ruhanperä crustal scale shear zone • Only 1.2km of strike drilled at shallow levels, open down dip and along strike in Hirsikangas both
Slide 20: Hirsikangas – Geological Setting
HIRSIKANGAS – GEOLOGICAL SETTING POTENTIAL PARALLEL MINERALISATION & ALONG STRIKE EXTENSION Historical drill holes of known orebody and Airborne EM showing the extension of the host potential parallel structure structure and anomalous boulders at Hanni target 20
Slide 21: Osikonmaki Project
OSIKONMAKI PROJECT LOCATED ON CRUSTAL SCALE DEFORMATION ZONE Regional setting • Located in eastern central Finland, 40km south of Outokumpu • Shear zone hosted gold deposit in the northwest trending crustal scale Ladoga-Bothnian deformation zone • Deposit model is epigenetic intrusion related • Prim
Slide 22: Osikonmaki Potential Upside
OSIKONMAKI POTENTIAL UPSIDE Historical data and potential upside • >20,000M of historical drilling, IP & Magnetic Geophysics, base of till geochemical sampling • Boulder data suggests extension at western edge of property • IP Geophysics shows further potential to south of current drilling 22
Slide 23: Gold Centre - Red Lake, Ontario
GOLD CENTRE - RED LAKE, ONTARIO STRATEGIC 256 HECTARE LAND POSITION IN THE 23MOZ RED LAKE GOLD CAMP Rupert Resources has a portfolio of strategic licenses. The Gold Centre, Red Lake property is 100% owned, prior exploration has demonstrated the continuation of the Balmer formation. Map sourced from
Slide 24: Gold Centre Status and Strategy
GOLD CENTRE STATUS AND STRATEGY POTENTIAL TO JOINT VENTURE TO ACCELERATE DEVELOPMENT • Balmer mafic metavolcanics identified in drill core and on surface • Discovery of the Far East Zone by Goldcorp has provided further support that the southwest dipping Red Lake Mine trend potentially extends throu
Slide 25: Outlook
OUTLOOK REALISING THE POTENTIAL OF OUR ASSETS Pahtavaara • Updated resource for Pahtavaara, NI43-101 report end June quarter 2018 • Extensive underground sampling & infill assay program to further improve geological model • Internal engineering studies based on new resource model • Licence wide expl
Slide 26: Appendix
> RUPERT APPENDIX %? RESOURCES
Slide 27: Corporate Structure
CORPORATE STRUCTURE 100% OWNERSHIP IN LOW RISK, MINING FRIENDLY JURISDICTIONS Rupert Resources Ltd Rupert Finland Oy Northern Aspect Gold Centre Project, Surf Inlet Project, BC Resources Ltd Red Lake Pahtavaara Project Northern Aspect Oy BRGold Oy Hirvilanma Project Hirsikangas Project Osikonmaki Pr
Slide 28: Leadership
LEADERSHIP EXPERIENCED MANAGEMENT TEAM LEADING THE COMPANY Brian Hinchcliffe - Executive Chairman Michael Sutton - P. Geo., Non-Executive Director Brian was co-founder of Kirkland Lake Gold and Rambler Mike is a geologist who has worked in some of the most Metals and Mining, producing mines in Ontar
Slide 29: Significant Results from Drilling
SIGNIFICANT RESULTS FROM DRILLING Karoliina Harpoon • Western extension of deposit, mineralisation close • 20m from existing infrastructure with possible to existing infrastructure open pit pushback on near surface projection • Intersections include: 116005 - 32g/t over 5m, • Intersections include:
Slide 30: 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 30