Riley Gold Corp. · TSXV:RLYG

Riley Gold — Investor Presentation (December 2022)

26 slides from Riley Gold's investor presentation, December 2022

  1. Slide 1: Corporate Presentation – December 2022

    rileygoldcorp.com CORPORATE PRESENTATION – DECEMBER 2022

  2. Slide 2: Cautionary Statement

    CAUTIONARY STATEMENT Certain information contained or incorporated by reference in this presentation and related material, including any information as to our strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of futu

  3. Slide 3: Why Riley Gold?

    WHY RILEY GOLD? Riley Gold is an active gold exploration and development company targeting Gold Projects in Nevada, USA. ✓ Proven management team covering all aspects of mine finding, development, production, capital raising and mergers & acquisitions. ✓ Two key assets located in Nevada, a top ranke

  4. Slide 4: Proven Leadership Team

    PROVEN LEADERSHIP TEAM William Lamb, Executive Chairman of the Board Richard DeLong, Director • 25 years of experience in mineral processing and project development, including 5 • Current President and Principal Scientist of Reno, Nevada based EM Strategies, Inc. construction projects through to ope

  5. Slide 5: Capital Structure

    CAPITAL STRUCTURE Capital Structure (as at November 30, 2022) Strategic Shareholders: Issued & Outstanding 32,182,880 Warrants: (average exercise price: C$0.46) 10,750,562 Options Outstanding (average exercise price: C$0.22) 2,345,000 Fully Diluted 45,278,442 17% Insider Ownership Market Cap @ $C0.1

  6. Slide 6: Nevada – Top Mining Jurisdiction

    NEVADA – TOP MINING JURISDICTION Independence Trend Getchell Trend The state is the world’s 6th largest gold producing region with four major gold “trends”: Carlin, Battle Mountain – Eureka, Pipeline West/ Getchell trends and Walker Lane. Clipper Carlin Trend Gold production in Nevada totaled a litt

  7. Slide 7: Two Cornerstone Projects

    TWO CORNERSTONE PROJECTS Tokop Gold Project Pipeline West/Clipper Gold Project • 100% owned land package of more than 31 sq km • 100% owned land package of 24.7 sq km • Close to operating mines and infrastructure • Ideally positioned between the Cortez Complex • 2021 drilling completed: most signifi

  8. Slide 8: Pipeline West/Clipper Gold Project - Overview

    PIPELINE WEST/CLIPPER GOLD PROJECT - OVERVIEW Independence Trend Getchell Trend The 100% controlled Pipeline West-Clipper Gold Project is located in Lander County (Cortez District), approximately 80 km Pipeline West/ southwest of Elko. Clipper Carlin Trend The Project includes 24.7 square km (9.5 sq

  9. Slide 9: Pipeline West – Near Producing Mines

    PIPELINE WEST – NEAR PRODUCING MINES On strike with Nevada Gold Mines JV (Barrick/Newmont) Cortez District, with a gold endowment of more than 50 million ounces (Moz) (past production + current reserves & resources). Nearby deposits in the Cortez District include: Pipeline Complex (23 Moz Au): • Pip

  10. Slide 10: Pipeline West – Strategically Located

    PIPELINE WEST – STRATEGICALLY LOCATED Bordering projects and land packages include: • Pipeline Complex – owned and operated by the Nevada Gold Mines JV (Barrick & Newmont). • Swift Project – a joint venture between Ridgeline Minerals and the Nevada Gold Mines JV (September 2021). Operated by the Nev

  11. Slide 11: Pipeline West/Clipper Gold Project

    PIPELINE WEST/CLIPPER GOLD PROJECT The Pipeline West/Clipper Gold Project property lies less than 2.5 km west of Pipeline Mine and 0.6 km west of the Gold Acres open pit. Exploration will target the same rock formations as those that host Pipeline Complex orebodies; the Horse Canyon, Wenban, and Rob

  12. Slide 12: Pipeline West/Clipper Gold Project

    PIPELINE WEST/CLIPPER GOLD PROJECT PWC hosts very prospective Carlin-type gold targets along a 3-kilometre trend. These targets are supported by: Past drilling (revealing Devonian Wenban host rocks are within 300 – 500 m of surface) Open gold-in-soil anomalies Geophysics: • Ground and Air Magnetic S

  13. Slide 13: Pipeline West – Wenban Potential

    PIPELINE WEST – WENBAN POTENTIAL • The Wenban is the favourable host to gold in the Cortez District • Riley will target areas defined by geophysics and mapping where the Wenban is intersected by faulting 13

  14. Slide 14: Pipeline – Targeting Deep High-Grade

    PIPELINE – TARGETING DEEP HIGH-GRADE Drilling 300-700 metres deep will target large, high-grade Carlin-Type orebodies at Pipeline West/Clipper Gold Project. 8.5 km 2.3 km Pipeline West/ Deeper High-Grade Deposits Clipper Gold Project Deeper High-Grade Deposits Shallow Oxide Deposits 0m Gold Acres ?

  15. Slide 15: Activities Ramping Up at Pipeline West/Clipper

    ACTIVITIES RAMPING UP AT PIPELINE WEST/CLIPPER OCT 2020 • Riley Options Two Nevada Gold Projects: Tokop and Pipeline West/Clipper May 2021 • Extension of Pipeline West/Clipper Project by acquisition of adjacent property - now totaling 24.7 square km Fall 2022 • Extensive soil sample program complete

  16. Slide 16: Tokop Gold Project - Overview

    TOKOP GOLD PROJECT - OVERVIEW The 100% owned Tokop Project is located in Esmeralda County (Tokop Mining District), approximately 80 km south of Tonopah. Deposits currently being mined or developed in the area include: Mineral Ridge Mine Bullfrog North Bullfrog Silicon Tokop Daisy-Secret Pass deposit

  17. Slide 17: Tokop Gold Project (North and South)

    TOKOP GOLD PROJECT (NORTH AND SOUTH) The Tokop Gold Project consists of more than 31 sq kms of land and hosts two types of mineralized systems. Tokop North • System: reduced intrusive-related gold (“RIRG”)/Orogenic system • Sub areas: Whale, Main, The Wells, Hell’s Gate, Cabin and South Pass Tokop S

  18. Slide 18: Tokop North – Localized Rock & Soil Sampling

    TOKOP NORTH – LOCALIZED – ROCK MAIN & SOIL TOKOP SAMPLING SAMPLING Surface Rock Sampling Highlights: • Spot sample of 71.73 gpt gold & 970 gpt silver • Spot sample of 19.3 gpt gold & 104 gpt silver • Spot sample of 15.0 gpt gold & 24 gpt silver • Spot sample of 14.75 gpt gold & 179 gpt silver • Spot

  19. Slide 19: Tokop North – 2013 Drilling

    TOKOP NORTH – 2013 DRILLING Significant intercepts from 2013 drilling program: 12m at 2.54 g/t Au 18m at 1.25 g/t Au 30m at 0.72 g/t Au 14m at 0.94 g/t Au Geological Setting: At Tokop North, gold mineralization is hosted in Juro- Cretaceous granites and Precambrian carbonates and skarn, similar to t

  20. Slide 20: Tokop North – 2021 Drilling

    TOKOP NORTH – 2021 DRILLING 2021 Drilling: TKR-21C: 9.32 gpt gold over 2.6 metres (“m”) from 46.2 m ▪ including 17.1 gpt gold over 1.4 m plus an additional 235 gpt silver TKR-22C: 1.67 gpt gold over 5.1 m from 31.9 m ▪ including 0.4 m of 3.73 gpt gold plus an additional 82.2 gpt silver ▪ including 0

  21. Slide 21: Tokop North – Data Compilation

    TOKOP NORTH – DATA COMPILATION • Rock and soil geochemistry predominantly controlled by NW and N-S trending faults. • NW and N-S faults offset by NE trending faults. • Fault interpretation is a combination of mapped structures in the field as well as geophysical interpretation. • Two areas of intere

  22. Slide 22: Tokop North – Geophysics and Structures Targets

    TOKOP NORTH – GEOPHYSICS AND STRUCTURES TARGETS • New interpretation of Tokop indicates two types of mineralization within the project area. • Tokop North is predominately a reduced intrusive-related gold (“RIRG”)/orogenic system in contrast to the southern portion, which is more prevalent to a low

  23. Slide 23: Tokop South - Geophysics and Structure Targets

    TOKOP SOUTH - GEOPHYSICS AND STRUCTURE TARGETS • Tokop South exhibits intense epithermal alteration, stockwork and veins at surface • Hosts several old prospects, shafts and adits • Rock sampling has yielded of more than 1.3 gpt gold, and soil sampling revealed anomalous gold and epithermal pathfind

  24. Slide 24: Steady Progress at Tokop

    STEADY PROGRESS AT TOKOP • 125 rock samples total, returned assays from trace to significant high-grade material up to 19.3 gpt gold and 970 gpt silver APR 2021 • Initial drill program underway, 3000 metres over 18 holes • Assays from 3 drill holes including 17.1 gpt gold over 1.4m and 235gpt silver

  25. Slide 25: Our Value Proposition

    OUR VALUE PROPOSITION Company Projects Catalysts • Proven management team • Located in Nevada, the #1 • Geophysical surveys interpretation at Pipeline covering all aspects of mine mining jurisdiction in the world West-Clipper (Q422) finding, development, • Both Tokop and Pipeline West • Soil/Geochem

  26. Slide 26: rileygoldcorp.com

    For more information, please contact us at: Suite 2390-1055 West Hastings St. Vancouver, B.C Canada V6E 2E9 Tel: 604.443.3831 | Toll-free: 1 (877) 792-6688 E-mail: thilditch@rileygoldcorp.com rileygoldcorp.com

Riley Gold — Investor Presentation (December 2022) on 6ix