Slide 1: Renforth Resources Inc. Corporate Overview May 2026
RENFORTH RESOURCES INC. Corporate Overview | May 2026 Two assets. One self-funding strategy. Parbec Gold Deposit | Victoria Polymetallic Deposit | Québec, Canada CSE: RFR | OTC: RFHRF | FSE: 9RR Not financial advice. Forward-looking statements disclaimer on final slide.
Slide 2: Plug-and-play infrastructure, next door to a producing major
Plug-and-play infrastructure, next door to a producing major NEIGHBOUR Contiguous to Canadian Malartic Agnico Eagle's flagship mine — Canada's largest gold producer POWER Hydro powerline crosses both properties Rapide-Deux & Rapide-Sept hydro stations nearby CAPEX DE-RISKED Roads, smelter, skilled l
Slide 3: Location
——————- ij Location Québec, Canada: Tier jurisdiction with > clear permitting frameworks and established mining culture. Logistics advantage: road + rail with > access to deep water and the eastern US. within a day. Commodity leverage across cycles: gold > cash-path plus critical & battery metals ex
Slide 4: Parbec's cash flow funds Victoria's growth — zero dilution required
Parbec's cash flow funds Victoria's growth — zero dilution required Two wholly-owned Québec deposits. One generates the capital. The other scales the upside. CASH GENERATOR GROWTH ASSET PARBEC · Gold Deposit VICTORIA · Polymetallic Deposit 265,800 M&I 97,000 Inferred 125 Mt oz Au resource · 73% Meas
Slide 5: Mt of critical minerals – and 88% of the system is still unexplored
125 Mt of critical minerals – and 88% of the system is still unexplored 125 Mt ~20km <1:1 Ni·Co·Cu·Zn·Ag Inferred Resource Mineralized Strike Strip Ratio Resource Metals Initial Open Pit MRE, Sept 2025 Only ~12% drilled to date 2.5km open pit Pt/Pd confirmed post-MRE Scale built on ~12% drilled ~10,
Slide 6: Built-in infrastructure + only ~12% drilled = low CAPEX, high optionality
Built-in infrastructure + only ~12% drilled = low CAPEX, high optionality ~12% drilled. 88% still open. Initial MRE covers a fraction of the ~20 km mineralized structure – with infrastructure already in place. Scale that justifies capital MRE on ~12% of a ~20 km mineralized structure – significant o
Slide 7: A2 — Victoria: Two confirmed high-grade intercepts anchor undercut drill program
A2 — Victoria: Two confirmed high-grade intercepts anchor 2026 undercut drill program SUR21-28 · HIGH-GRADE UNDERCUT TARGET 3.46% Ni over 1.5m within a 12m interval at 0.54% Ni / 138.7 ppm Co ▸ Supports higher-grade zones at depth; undercut tests down-dip extensions SUR21-04 · WIDE BULK MINERALIZATI
Slide 8: US$7M market cap. US$1.22B of in-ground gold.
US$7M market cap. US$1.22B of in-ground gold. 265,800 M&I MRE ounces. Gold rerated 2.2×. Market hasn't. Market Cap ~US$7M today Gold Value US$558M M&I MRE statement (US$2,100/oz) Gold Value US$1.22B M&I MRE oz today (US$4,600/oz) Market values these ounces at <1% of their gold content RENFORTH PEER
Slide 9: Malartic Proximity
Malartic Proximity > > Parbec borders Canadian Malartic, Canada's largest open-pit gold mine. Canadian Malartic’s Barnat open pit is forecast to cease in 2029, shifting production to Odyssey underground. Forecast outcome: “40,000 tpd open-pit feed deficit, with replacement feed planned via trucking/
Slide 10: Parbec's underground was built for $400 gold. Today gold trades 11× higher.
Parbec's underground was built for $400 gold. Today gold trades 11× higher. 362,800 73% 11× IN PLACE oz Au resource Measured & Indicated Gold price multiple Underground decline 265,800 M&I + 97,000 Inferred Higher confidence classification vs ~$400/oz when decline was built Dewatering permit in prog
Slide 11: Four dated 2026 catalysts – each a potential re-rating trigger
Four dated 2026 catalysts – each a potential re-rating trigger Parbec advances quarterly through 2026, building toward an underground bulk sample at today's gold price. NOW Stripping & Surface Mapping 330×120m strip exposing new gold-bearing units in the open pit. SPRING 2026 Mapping Results & New T
Slide 12: Zone holds the MRE — Zones look like Malartic and Lapa, still wide open
Zone 1 holds the MRE — Zones 2 & 3 look like Malartic and Lapa, still wide open 3 Gold Settings within the Parbec Deposit ZONE 1 · MRE Cadillac Break Host · Unmined Hosts the bulk of the current 43-101 MRE • Regional host for historic Cadillac Break gold mines • Well-understood model — strong strike
Slide 13: Two Assets. Clear Path to Value.
Two Assets. Clear Path to Value. Parbec MRE calculated at US$2,100/oz – gold trades above US$4,600/oz today, a material difference. Every catalyst below widens the gap. Gold Rerating 01 Same ounces, no new drilling – built-in value uplift from gold price alone Self-Funded Growth 02 Parbec cash flow
Slide 14: Parbec MRE priced at $2,100/oz. Gold is at $4,600 today
Parbec MRE priced at $2,100/oz. Gold is at $4,600 today — every 2026 milestone closes the gap PARBEC GOLD · 2026 CATALYST PATH 9 catalysts in 12 months · 2.2× embedded gold price uplift Stripping Mapping 60,000m drill First Parbec Dewatering underway now & sampling program commences drill results pe
Slide 15: ~$10M market cap on a Québec gold platform
~$10M market cap on a Québec gold platform — insider-aligned, asset-rich, sub-$15M fully diluted ~$10M ~19% ~561.3M Market Cap (CAD) Insider Ownership Fully Diluted Shares at $0.02–$0.026 / sh fully diluted — management aligned ~$15M FD market cap 462.5M 75.8M 23.0M CSE: RFR Shares Outstanding Warra
Slide 16: Renforth Trades at a Deep Discount — With 2026 Catalysts Queued Up
Renforth Trades at a Deep Discount — With 2026 Catalysts Queued Up Peer data sourced from public filings. Verify market caps and ounce figures before distribution — prices fluctuate. Company Jurisdiction M&I oz (000s) Inf. oz (000s) Mkt Cap (CAD) $/M&I oz Stage (USD) Renforth Resources QC, Canada 26
Slide 17: lamgold
lamgold itwood. ij Agnico {-teRonde a _- S 2 Ss Erique%ua Corne Fe %, : % ceva ee, 4 th ™ we 4 REN ‘Agnico \ — ‘Marbare be . _ [Parbec ‘ > “™ [Wesdome jp ll x Kiena : C § i ‘\ sHalet,, Agnico} ber ‘ ¢ Bas Goldex} AB Agnico ' Canadian Malartic Image © 2026 Airbus Image ©'2026 CNES / Airbus ¥ < s Imag
Slide 18: Renforth Resources Inc.
RENFORTH RESOURCES INC. CSE: RFR | OTC: RFHRF | FSE: 9RR renforthresources.com Nicole Brewster, President & CEO nicole@renforthresources.com This presentation has been prepared by Renforth Resources Inc. and contains forward-looking statements based on management's current expectations. Actual resul
Slide 19: Appendix
APPENDIX Technical Data · MRE Statements · Drill Results
Slide 20: A1 — Parbec Gold MRE
A1 — Parbec Gold MRE: 266 koz M&I priced at $2,100/oz, with gold trading above $4,600/oz today 265.8 koz $2,100/oz >$4,600/oz M&I GOLD (OPEN PIT) MRE GOLD PRICE ASSUMPTION GOLD SPOT TODAY Type Cut-Off (Au g/t) Classification Tonnage (Mt) Au Grade (g/t) Ounces (koz Au) Open Pit 0.27 Measured 1.40 0.9
Slide 21: A2 — Parbec Gold Deposit: Key Drill Grades & Intercept Lengths
A2 — Parbec Gold Deposit: Key Drill Grades & Intercept Lengths Parbec is currently an open pit MRE calculated at US$2,100/oz. Renforth believes Parbec will support underground mining. 2026 field work is designed to prove it. High Assay Notable Interval Au g/t Length (m) Hole # Au g/t Length (m) Hole
Slide 22: A3 — Victoria MRE: Mlb NiEq inferred
A3 — Victoria MRE: 413 Mlb NiEq inferred in an open-pittable polymetallic deposit, with Pt/Pd to be added next MRE 413 Mlb 125 Mt 0.15% <1:1 CONTAINED NiEq TONNAGE INFERRED NiEq GRADE STRIP RATIO Cut-Off NSR Classification Tonnes M Ni % Cu % Co % Zn % Ag g/t NiEq % NiEq Mlb (C$/t) Inferred 20 125 0.
Slide 23: A4 — Victoria: Mlb NiEq across five payable metals
A4 — Victoria: 413 Mlb NiEq across five payable metals, with Pt/Pd to be added next MRE 125 Mt at 0.15% NiEq, <1:1 strip ratio — payable metals broken out below. Inferred MRE — Pit-Constrained Resource & Contained Metals Cut-Off Tonne Ni Cu Co Zn Ag Ag NiEq Classification (NSR s Ni % Cu % Co % Zn %
Slide 24: A5 — Victoria: Top Intervals by Net Smelter Return (NSR)
A5 — Victoria: Top 15 Intervals by Net Smelter Return (NSR) The table below lists the 15 highest-value single intervals recorded across all drilling at Victoria, ranked by NSR (C$/t). Individual one-to-two metre core lengths, not composite weighted averages. # Hole ID NSR (C$/t) Ni (%) Cu (%) Co (%)
Slide 25: A6 — Victoria: Top Intervals by Nickel Equivalent Grade (NiEq %)
A6 — Victoria: Top 15 Intervals by Nickel Equivalent Grade (NiEq %) NiEq ranking largely mirrors the NSR ranking, confirming internal dataset consistency. Minor reordering reflects cobalt being weighted more heavily by NiEq vs. price contribution. # Hole ID NiEq (%) Ni (%) Cu (%) Co (%) Zn (%) Ag (g