Rupert Resources Ltd.

Rupert Resources — Investor Presentation (December 2020)

25 slides from Rupert Resources's investor presentation, December 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 DECEMBER 2020 RUP - TSXV Northern Finland

  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 “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

  4. Slide 4: Themes in Gold Exploration

    THEMES IN GOLD EXPLORATION Investment attractiveness (by region) BEST RESULTS IN THE MOST ATTRACTIVE REGION Rupert has drilled over 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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

  12. Slide 12: Area 1 – Multiple New Discoveries Under Cover

    AREA 1 – MULTIPLE NEW DISCOVERIES UNDER COVER NO DRILLING DEEPER THAN 450M VERTICAL… See the Company’s December 12, 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 ar

  13. Slide 13: Ikkari Interpretation – Open in All Directions

    IKKARI INTERPRETATION – OPEN IN ALL DIRECTIONS 650M OF STRIKE NOW CONFIRMED ON 80M DRILL CENTRES See the Company’s December 16, 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 Person

  14. 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

  15. 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

  16. Slide 16: Ikkari Section 3

    IKKARI SECTION 3 WIDE NEAR SURFACE ZONE CONTINUES EAST See the Company’s December 16, 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 the preparation of the sc

  17. 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

  18. Slide 18: Ikkari Section 5

    IKKARI SECTION 5 +100M WIDE ZONE MAINTAINED IN EAST WITH HIGH GRADE COMPONENT See the Company’s December 16, 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

  19. Slide 19: Ikkari Section 6

    IKKARI SECTION 6 ZONE CONTINUES AND OPEN AT DEPTH See the Company’s December 16, 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 the preparation of the scienti

  20. Slide 20: Ikkari Section 7

    IKKARI SECTION 7 DEPTH EXTENDED TO AT LEAST 400M AND EXTENDS STRIKE TO AT LEAST 650M See the Company’s December 16, 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 superv

  21. Slide 21: 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 120102 224 225.6 1.6 102.6 120097 82 135 53 3.7 16-Dec-20 120092 492 529 37 2.5 120090 234 265 31 3 120094 239 380 141 3.9 120089 136 199 63 6

  22. Slide 22: 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

  23. 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

  24. 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

  25. Slide 25: 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 (December 2020) on 6ix