Rupert Resources — Investor Presentation (November 2020)
33 slides from Rupert Resources's investor presentation, November 2020
Slide 1: Targeting multi-million ounce gold discoveries near a 100% owned permitted mill
Targeting multi-million ounce gold discoveries in close proximity to a 100% owned permitted mill in NOVEMBER 2020 RUP - TSXV Northern Finland
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
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS “DEMONSTRATING THE GEOLOGICAL AND ECONOMIC POTENTIAL OF OUR PROJECTS” 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
Slide 4: Themes in Gold Exploration
THEMES IN GOLD EXPLORATION Investment attractiveness (by region) BEST RESULTS IN THE MOST ATTRACTIVE REGION Rupert has drilled 2/3 of the top 30 gold intercepts in Europe since January 2019 1200 Rupert Resources g/t Au x interval (m) 1000 800 Other Finland Project 600 Other European Project 400 200
Slide 5: Systematic Exploration Approach
SYSTEMATIC EXPLORATION APPROACH APPROACH HAS RESULTED IN MULTIPLE NEW DISCOVERIES IN UNDER TWO YEARS Reconnaissance Resource Drill testing sampling and definition Mapping further and target geophysics generation Reserves Revised structural interpretation Resources Advance target Detailed geophysics
Slide 6: Selected Board and Management
SELECTED BOARD AND MANAGEMENT Gunnar Nilsson – Non-Executive Chairman Jeffrey Karoly – Chief Financial Officer Gunnar Nilsson was appointed as Non-Executive Chairman in June 2018. Jeffrey is a Chartered Accountant with a degree in Geology from the Gunnar has over 30 years experience of developing an
Slide 7: Capital Structure
CAPITAL STRUCTURE 4.00 Capital Structure Gold price (USD/troy oz) 3.50 Shares on Issue 164,420,761 Relative Performance (12 months) Rupert Resources share price (RUP - TSXV) 3.00 Options 11,355,000 VanEck Junior Gold Miners ETF (GDXJ) 2.50 AEM warrants (at CAD 1.00/shr) 11,543,704 2.00 Fully Diluted
Slide 8: Strategic Land Position
STRATEGIC LAND POSITION RUPERT CONTROLS 425KM2 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 8
Slide 9: Target Ranking and Drill Meterage
TARGET RANKING AND DRILL METERAGE BUDGET ALLOWS FOR FURTHER 10,000M TO BE ALLOCATED Reserves BASED ON SUCCESS 10,000m Pahtavaara Mine Resources +10,000m 2,000m 2,500m Advance Target Hirvi Ikkari Heinä C (Stage 3) 2,000m 2,000m 1,000m >5,000m Target Testing Heinä S Heinä N Island North Saitta (Stage
Slide 10: 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
Slide 11: 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
Slide 12: Area 1 – Multiple New Discoveries Under Cover
AREA 1 – MULTIPLE NEW DISCOVERIES UNDER COVER NO DRILLING DEEPER THAN 250M VERTICAL… See the Company’s August, 20 2020 press release for further information. In compliance with National Instrument 43-101Mr. Mike Sutton, P.Geo. Director and Dr Charlotte Seabrook, MAIG, RPGeo. Exploration Manager are
Slide 13: Ikkari Interpretation – Open in All Directions
IKKARI INTERPRETATION – OPEN IN ALL DIRECTIONS 550M OF STRIKE NOW CONFIRMED ON 80M DRILL CENTRES See the Company’s October 21, 2020 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo. and Dr Charlie Seabrook, RPGeo., are the Qualified Persons
Slide 14: Ikkari Section 1
IKKARI SECTION 1 UP TO 200M WIDE AND AT LEAST 230M VERTICAL DEPTH See the Company’s September 14 press releases for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo. and Dr Charlie Seabrook, RPGeo., are the Qualified Persons who supervised the preparation of
Slide 15: Ikkari Section 2
IKKARI SECTION 2 +100M WIDE HIGH GRADE ZONE FROM SURFACE TO AT LEAST 250M DEPTH See the Company’s October 21, 2020 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo. and Dr Charlie Seabrook, RPGeo., are the Qualified Persons who supervised t
Slide 16: Ikkari Section 3
IKKARI SECTION 3 WIDE NEAR SURFACE ZONE CONTINUES EAST AND DEEPER DRILL HOLES PENDING See the Company’s November 12, 2020 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo. and Dr Charlie Seabrook, RPGeo., are the Qualified Persons who super
Slide 17: Ikkari Section 4
IKKARI SECTION 4 +100M WIDE TO AT LEAST 250M VERTICAL DEPTH WITH >4.0G/T AU GRADE See the Company’s November 12, 2020 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo. and Dr Charlie Seabrook, RPGeo., are the Qualified Persons who supervise
Slide 18: Ikkari Section 5
IKKARI SECTION 5 +100M WIDE ZONE MAINTAINED IN EAST WITH HIGH GRADE COMPONENT See the Company’s November 12, 2020 press release for further information. In compliance with National Instrument 43-101, Mr. Mike Sutton, P.Geo. and Dr Charlie Seabrook, RPGeo., are the Qualified Persons who supervised th
Slide 19: Headline Intercepts from Ikkari (So Far)
HEADLINE INTERCEPTS FROM IKKARI (SO FAR) MINERALISED FROM SURFACE WITH HIGHER GRADE COMPONENT Hole ID Date reported From (m) To (m) Interval (m) Grade Au g/t 120094 239 380 141 3.9 120089 136 199 63 6.4 120086 12-Nov-20 152 310 158 4.3 120084 98 126 28 5.4 120059 extension 273 341 68 3.1 120082 91 2
Slide 20: Near Mill Exploration
NEAR MILL EXPLORATION NEW EXTENSIONS PROXIMAL TO OPEN PITS UNDERGROUND INFRASTRUCTURE New zones discovered by Rupert Resources peripheral to original mining activity, close to surface or within the footprint of underground infrastructure and still open in multiple directions. Previously mined trends
Slide 21: TVEIN - New Potential Through Re-interpretation
TVEIN - NEW POTENTIAL THROUGH RE-INTERPRETATION RESOURCE EXPANSION POTENTIAL TO SURFACE AND WITHIN EXISTING INFRASTRUCTURE New geological model on the southern margin, validated by winter drilling, highlights the potential for resource development within existing mine infrastructure and to surface.
Slide 22: The Next Pahtavaara – Exploration Targets
THE NEXT PAHTAVAARA – EXPLORATION TARGETS POTENTIAL FOR THE NEXT PAHTAVAARA UP AND DOWN THE SYNCLINE High resolution magnetic data and IP lines combined with an improving understanding of the geological model of Pahtavaara informs a new exploration drive targeting undiscovered mineralisation zones w
Slide 23: Social, Environment and Permitting
SOCIAL, ENVIRONMENT AND PERMITTING Social • Engaging with communities with regular information meetings • Continuous dialogue with local landowners and reindeer herders • Stakeholder analysis undertaken for areas of impact Environmental • No Natura 2000 areas within licence package • Low liabilities
Slide 24: Summary and Catalysts
SUMMARY AND CATALYSTS ABILITY TO UNLOCK VALUE OF DISCOVERIES THOUGH PERMITTED PAHTAVAARA MILL AREA 1 • Focus on Ikkari and moving towards resource • Ongoing drilling of new discoveries with potential to become high value deposits REGIONAL EXPLORATION • Continuation of program to generate further dis
Slide 25: Appendices
N APPENDICES <S> RESOURCES RUP -TSXV 25
Slide 26: 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
Slide 27: 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
Slide 28: Samurai and DB – Still Open to Depth
SAMURAI AND DB – STILL OPEN TO DEPTH PARTIALLY MINED SUB PARALLEL MINERALISATION TRENDS OPEN DOWN PLUNGE The new geological model of a folded mineralisation zone at Harpoon yields near surface intercepts further intercepts below the old open pit – potential to add open pit ounces to resource Samurai
Slide 29: Karoliina – Further Potential with New Interpretation
KAROLIINA – FURTHER POTENTIAL WITH NEW INTERP. RESOURCE EXPANSION POTENTIAL TO SURFACE AND WITHIN EXISTING INFRASTRUCTURE Karoliina is largely untouched by previous mining, open to surface and to depth with the potential to link- up between and all close in existing underground infrastructure Long S
Slide 30: NFE – Very High-Grade Continuity Confirmed
NFE – VERY HIGH-GRADE CONTINUITY CONFIRMED DEFINITION OF HIGH-GRADE PLUNGING MINERALISATION CLOSE TO SURFACE IN NFE Initial mining in the NFE zone focussed on very shallow mineralisation, new drilling has defined two parallel a steeply plunging zones mineralisation, one wider and the other of except
Slide 31: Harpoon – Opportunity to Push Back Open Pit
HARPOON – OPPORTUNITY TO PUSH BACK OPEN PIT NEW GEOLOGICAL MODEL YIELDS NEAR SURFACE INTERCEPTS The new geological model of a folded mineralisation zone at Harpoon yields near surface intercepts and further intercepts below the old open pit – potential to add open pit ounces to resource Oblique Cros
Slide 32: Pahtavaara Inferred Resource
PAHTAVAARA INFERRED RESOURCE 2018 RESOURCE ESTIMATE RECONCILES WITH HISTORICAL PRODUCTION Cut-off (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
Slide 33: 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
Rupert Resources — Investor Presentation (November 2020) on 6ix