Slide 1: 2024 Precious Metals Summit
2024 Precious Metals Summit 9th-13th September, 2024 TSXV:RDS OTCQB:RMRDF 1 TSXV:RDS
Slide 2: Cautionary Statement Regarding Forward-Looking Information
CAUTIONARY STATEMENT REGARDING FORWARD- LOOKING INFORMATION Except for historical information certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws. Such statements may include words such as “Anticipates”, “schedule”, “projects
Slide 3: Why Radisson?
WHY RADISSON? • Exploring the Historic O’Brien Mine in Quebec’s Abitibi • c.1Moz of High-Grade Mineral Resources and Growing • 35,000m fully-funded drill program ongoing • Refreshed Board and Team with successful track record of major mine development • September 9 2024: MOU with IAMGOLD to assess O
Slide 4: Board of Directors
BOARD OF DIRECTORS Matt Manson New in 2024 1 Pierre Beaudoin President, CEO & Director Board Chairperson 30+ years of mining experience | Led Marathon Gold's C$500M 30+ years of mining experience | Formerly COO (2018-2024) of Valentine Gold Project | Led Stornoway Diamond's C$800M SilverCrest Metals
Slide 5: Located in the World's Most Prolific Gold Belt
LOCATED IN THE WORLD’S MOST PROLIFIC GOLD BELT • Located in the Abitibi greenstone belt hosting +100 million Au ounces N between Ontario and Quebec in eastern Canada. One of the largest and most prolific Neoarchean greenstone belts in the world. • The O’Brien Gold Project is located in the 25 Moz Ca
Slide 6: MOU with IAMGOLD Announced September 9, 2024
MOU WITH IAMGOLD ANNOUNCED SEPTEMBER 9, 2024 • MOU to facilitate technical assessment of viability of processing O’Brien mined material at Doyon mill • Doyon is part of the Doyon-Westwood mining complex with capacity of c.3,000tpd (Westwood c.1,000tpd) • If successful, Radisson will complete a PEA b
Slide 7: O'Brien 21 km from Doyon-Westwood on Highway 117
O’BRIEN 21 KM FROM DOYON-WESTWOOD ON HIGHWAY 117 Doyon-Westwood Mine and Mill Ideally Located in the Heart of a Laronde Mine and Mill Mature Mining Camp • Provincial highway • Hydro-electric power • Access to high quality Highway 117 services and labour • Existing 1000m deep shaft • Existing site in
Slide 8: Cadillac-Bousquet 25 Moz Gold Mining District
CADILLAC-BOUSQUET 25 MOZ GOLD MINING DISTRICT 8 TSXV:RDS
Slide 9: O'Brien Open in All Directions
O’BRIEN OPEN IN ALL DIRECTIONS 5.2 Km W WEST O’BRIEN O’BRIEN EAST O’BRIEN E Thompson Cadillac Kewagama Surface P1 P1 - 250 m P1 P1 700 m P1 P1 1750 m P1 - 500 m Trend - 750 m Trend 5 4 Expansion Potential Trend 3 - 1000 m Trend Trend O’Brien Central Trend 2 1 587, 121 oz 0 - 1250 m at 15.25 g/t (his
Slide 10: Well Understood Geology
WELL UNDERSTOOD GEOLOGY • Good understanding of vein morphology and continuity from mapping of historic O’Brien workings • At large-scale the veins are continuous, sub-parallel to the stratigraphy and are developed within multiple units of the Piche Group. • Vein Model with 134 Mineralized Zones has
Slide 11: 127,600 Metres Drilled Between 2019 & 2023
127,600 METRES DRILLED BETWEEN 2019 & 2023 11 TSXV:RDS
Slide 12: 2023 O'Brien Mineral Resource Estimate
2023 O’BRIEN MINERAL RESOURCE ESTIMATE Indicated Mineral Resources Inferred Mineral Resources Cut-off Grade O'Brien Deposit Tonnage Grade Metal Tonnage Grade Metal Resource date (t) (g/t Au) (oz Au) (t) (g/t Au) (oz Au) July 2019 1,115,000 8.85 318,000 777,000 6.73 168,000 March 2023 1,517,000 10.26
Slide 13: Fully-Funded Drill Program Expanded to 35,000 Metres
FULLY-FUNDED DRILL PROGRAM EXPANDED TO 35,000 METRES • 60-70% of budgeted meters focused on resource expansion • 30-40% focused on high-priority step-out and exploration targets • August 14 assays from 11 ddh included 8 visible gold intercepts, with: • OB-24-320 with 137.00 g/t Au over 1.0 m within
Slide 14: 2023 MRE – Breakdown of Grade
2023 MRE – BREAKDOWN OF GRADE • 2 rigs in the second phase of 2024 drilling currently targeting: 1. Shallower gaps in the existing resource model 2. Deeper extensions of high-grade trends • Reasonable exploration opportunities to 2km depth 14 TSXV:RDS
Slide 15: Upcoming Milestones
UPCOMING MILESTONES Regular Exploration Drilling News-Flow • 2 drill rigs onsite • Midway through 35,000 m of drill program • Targeting resource expansion and step- out/exploration, including deep drilling below high-grade trends Thinking Ahead to Development • Technical assessment of processing via
Slide 16: Capitalization and Balance Sheet
CAPITALIZATION AND BALANCE SHEET $64.2 Million $6 Million 321.1 Million Market Capitalization Cash Position Shares Outstanding As of September 1, 2024 Unaudited, Estimated as of June 30, 2024 As of June 30, 2024 Management & Insiders, 9% Public Float, Institutional 37% Investors, 20% High Net Worth
Slide 17: Appendix Materials
Appendix Materials TSXV:RDS OTCQB:RMRDF 17 TSXV:RDS
Slide 18: Management
MANAGEMENT 1 MATT MANSON FLORIAN TORMO President, CEO & Director Senior Project Geologist 30+ years of mining experience | Led Marathon Gold's C$500M Seasoned geologist with 10+ years of diversified experience I Valentine Gold Project | Led Stornoway Diamond's C$800M mineral exploration and project
Slide 19: Well Understood Geology (1)
WELL UNDERSTOOD GEOLOGY (1) • Veins modelling is one of the most important parts of the O’Brien Mineral Resource Estimate • We know what has been mined in the past at the Old O’Brien Mine • All the galleries have been mapped and we understand very well the vein behaviour in relation to the stratigra
Slide 20: Well Understood Geology (2)
WELL UNDERSTOOD GEOLOGY (2) • A Vein Model has been created with at least 134 Mineralized Zones • The model is dynamic and adjusted based on ongoing drilling • The model respects vein geometries and relationships shown in the historically mined veins • The model represents domains used to restrict t
Slide 21: 2023 MRE – Breakdown of Indicated/Inferred
2023 MRE – BREAKDOWN OF INDICATED/INFERRED • Distribution of Indicated/Inferred Resources driven primarily by drill density • Higher ounces per vertical meter at shallower depths with more drilling 21 TSXV:RDS
Slide 22: 2023 MRE Sensitivity on Cut-off
2023 MRE SENSITIVITY ON CUT-OFF Indicated Mineral Resources Inferred Mineral Resources Cut-off Grade Tonnage Grade Metal Tonnage Grade Metal (t) (g/t Au) (oz Au) (t) (g/t Au) (oz Au) 6.0 g/t Au 1,012,000 12.80 417,000 945,000 11.12 338,000 5.0 g/t Au 1,313,000 11.12 470,000 1,334,000 9.46 406,000 4.
Slide 23: Steady Growth in Mineral Resources
STEADY GROWTH IN MINERAL RESOURCES Notes to the Mineral Resources 1. CIM (2014) definitions were followed for Mineral Resources. 2. Mineral Resources are reported above a cut-off grade of 4.5 g/t Au based on a C$230/t operating cost. 3. Mineral Resources are estimated using a long-term gold price of
Slide 24: Continuity of Mineralization and Grade
CONTINUITY OF MINERALIZATION AND GRADE Veins can be thick such as 8 m of continuous high grade ! CONTINUITY OF VEINS 24 TSXV:RDS
Slide 25: Open Areas Targeted for Resource Expansion
OPEN AREAS TARGETED FOR RESOURCE EXPANSION Visible gold in OB-23-284 25 TSXV:RDS
Slide 26: Target Ranking Methodology
Target Ranking Methodology Actual Estimate Extension of the vein Possible Estimate boundary built TSXV:RDS 26
Slide 27: Exploration Upside in the Pontiac Sediments (1)
EXPLORATION UPSIDE IN THE PONTIAC SEDIMENTS (1) Gold in Drilling within Pontiac Sediments when Targeting Main High-Grade Deposit 2024 - Key Bulk Intersection Highlights • OB-24-306 intersected 0.84 g/t Au over 49.70 m, including 3.97 g/t Au over 8.20 m • OB 23-288 intersected 0.70 g/t Au over 28.90
Slide 28: Exploration Upside in the Pontiac Sediments (2)
EXPLORATION UPSIDE IN THE PONTIAC SEDIMENTS (2) Gold in Till Samples over Pontiac Sediments in New Alger Property • Brand new target area with more than 2km strike length with potential for gold discovery identified • 115 glacial till surface samples collected and analyzed • 14 anomalous samples for
Slide 29: Contact Information
CONTACT INFORMATION Matt Manson Hubert Parent-Bouchard Kristina Pillon President, CEO & Director Chief Financial Officer Manager, Investor Relations mmanson@radissonmining.com hpbouchard@radissonmining.com kpillon@radissonmining.com Radisson Mining Resources Inc. 50 rue du Petit-Canada Rouyn-Noranda