Royal Road Minerals Limited · TSXV:RYR

Royal Road Minerals — Investor Presentation (February 2024)

28 slides from Royal Road Minerals's investor presentation, February 2024

  1. Slide 1: New mines for a new world

    New mines for a new world Creating value Making a difference www.royalroadminerals.com

  2. Slide 2: Cautionary statement

    Cautionary statement www.royalroadminerals.com | 2

  3. Slide 3: Our Purpose

    Our Purpose We create value, positively affect communities and protect the environment, whilst benefitting supportive host nations by discovering and developing the resources the world needs

  4. Slide 4: Our Strategy

    Our Strategy We seek economic deposits with short development timelines, demonstrably supportive jurisdictions, prominent local partners and patient and aligned financial partners We aim for multiple high- quality copper assets in supportive jurisdictions

  5. Slide 5: Royal Road Arabia

    Royal Road Arabia 50-50 partnership with MSB Holdings, one of Saudi Arabia’s largest diversified investment groups www.royalroadminerals.com

  6. Slide 6: Royal Road Arabia

    Royal Road Arabia Jabal Sahabiyah, copper and gold early-stage exploration license, Arabian Shield Alouana, copper and gold at drill-preparation stage in Morocco Other operating environments currently under assessment

  7. Slide 7: What are the objectives

    What are the objectives Image source: Mining.com Image source: Royal Road Arabia: Alouana project Sediment-hosted copper. Second largest source “Thermal-aureole” (granite-related) copper (±gold of copper world-wide ±tungsten). Shallow-dipping geometries prioritized www.royalroadminerals.com | 7

  8. Slide 8: KSA: Vision 2030

    KSA: Vision 2030 The Kingdom of Saudi Arabia has embarked on an ambitious initiative of economic and social reform, it is using its investment power to create a more diverse and sustainable economy. The country wishes to increase non-oil GDP from 16% to 50% and the mining sector is seen as a key com

  9. Slide 9: Arabian-Nubian Shield

    Arabian-Nubian Shield • Conceptually young and highly prospective terrane • Recently awarded the Jabal Sahabiyah license area (~280 km2) – • Gossans explored by Riofinex in the 1970’s • Advance to drill stage by Q4 www.royalroadminerals.com | 9

  10. Slide 10: Jabal Sahabiyah

    Jabal Sahabiyah Thermal aureole copper-gold-zinc Government acquired 200m line-spaced aeromagnetics In-house processes Sentinel satellite data

  11. Slide 11: Reasoned and rigorous exploration campaign underway

    Reasoned and rigorous exploration campaign underway Exploration decision- Advancing Jabal support system Sahabiyah to drill stage developed Discrete targets, districts and belts identified and prioritized for follow-up www.royalroadminerals.com | 11

  12. Slide 12: Morocco

    Morocco Poised to become a major global copper producer with the application of new exploration and mining technologies. Government strategy to triple the mining sectors turnover to $1.5 Bn by 2025. Mining law overhauled in 2016 Copper producer since Mining law modernized Corporate tax, no royalty,

  13. Slide 13: Alouana

    Alouana • Copper-gold-polymetallic thermal aureole system. Undrilled • Option to earn 100%. Drilling decision prior to March 31, 2024 • Grab rock-chips returned copper up to 21%, gold up to 6 g/t, silver to 494ppm • Soil geochemistry mapped out 2km long ridge-top zone of layer- parallel style copper

  14. Slide 14: Alouana

    Alouana Royal Road ground magnetic pseudocolor drape on topography • Magnetic anomaly correlates with hornfels metasomatic zone around granite • Structurally controlled breccia’s evident as lows • Other magnetic lows evident within and on the edge of broader highs may indicate best-copper • Drill pl

  15. Slide 15: Alouana - geometry

    Alouana - geometry Copper and polymetallic mineralization at Alouana is hosted in shallow-dipping, schist-parallel and steep- dipping “chimney” –style geometries www.royalroadminerals.com | 15

  16. Slide 16: South America

    South America Güintar, 100%-owned copper, gold and silver porphyry system in Antioquia Province, Colombia Santo-Domingo, option to earn 100% of copper, gold, molybdenum porphyry and polymetallic vein district in San Juan Province, Argentina

  17. Slide 17: Güintar – Colombia

    Güintar – Colombia Porphyry copper-gold-silver project currently suspended, awaiting clarity on Colombian mining regulation www.royalroadminerals.com | 17

  18. Slide 18: Güintar – Colombia

    Güintar – Colombia • 100% Royal Road • 6km2 of copper-gold-silver skarn and hornfels with a semi- concealed porphyry core • Two generations of copper- gold-silver mineralized diorite, drilled to in excess of 300m downhole depth • “Footwall” of east-west oriented gold-bearing veins • Continues at dep

  19. Slide 19: Güintar – Colombia

    Güintar – Colombia • 303.7 meters of 0.8% copper equivalent (1.1 grams per tonne gold equivalent; drill hole GUI- 012) • 126.0 meters of 1.0% copper equivalent (1.4 grams per tonne gold equivalent; drill hole GUI- 013) • 118.0 meters of 0.8% copper equivalent (1.2 grams per tonne gold equivalent; dr

  20. Slide 20: Santo Domingo – Argentina

    Santo Domingo – Argentina Porphyry copper-gold-molybdenum district currently at drill-definition stage. First-pass drilling and regional drill-target definition underway www.royalroadminerals.com | 20

  21. Slide 21: Santo Domingo – Location/infrastructure

    Santo Domingo – Location/infrastructure • 250km2 license package in the Sierra la Huerta Range, San Juan • 150km from San Juan City • Average Elevation 1200m • 13km from provincial highway and 33Kw powerline • 40km from inactive but intact rail head

  22. Slide 22: Santo Domingo – Argentina

    Santo Domingo – Argentina • License areas covering 250km2, annual option payments totaling USD$800k over four years and one-off payment of USD$2.5M at any time to earn 100% • Three known porphyry style occurrences and a gold-rich km-scale polymetallic vein system • Initially drill-testing the El Arr

  23. Slide 23: Santo Domingo – Argentina

    Santo Domingo – Argentina • Total of 1962 meters drilled. Four drill holes at El Arriero copper target • Intersected chalcopyrite veinlets in diorite dykes returned anomalous copper up to 0.7%, averaging 0.03%, and molybdenum up to 0.2%, average 36 ppm • Potential coherent porphyry at depth www.roya

  24. Slide 24: Other Projects

    Other Projects Royal Road owns and controls over 1,840km2 of highly prospective exploration licenses and applications in Colombia. The Company has executed two cash and royalty agreements from producing gold mines and is currently receiving and considering joint venture, formalization and divestment

  25. Slide 25: Royal Road Accelerator

    Royal Road Accelerator Learn more here The Royal Road Accelerator is an innovative initiative which identifies, finances and incubates rural enterprises with scalable commercial value www.royalroadminerals.com | 25

  26. Slide 26: Experienced & Skill-Relevant Board

    Experienced & Skill-Relevant Board Guy Wallis Roderick Corrie Jon Hill (Chair) Ghassane Benchekroun Hugh Devlin Marcus Stone Tim Coughlin (CEO) MSc, FSI, CSP BA, MA (Cambridge) BSc (Hons), BAppSci, BBA (ISCAE), MSc (Finance) MA, Prince2 LLB (Hons) BSc, MSC, PhD, FAusIMM Security, Geopolitics Finance

  27. Slide 27: Share structure and ownership

    Share structure and ownership 18% 8% Shares outstanding – 265M Employee incentive options - 17M www.royalroadminerals.com | 27

  28. Slide 28: Contact our Jersey Office

    Contact our Jersey Office Ground Floor, Portman House 32 Hue Street, St Helier, Jersey, JE2 3RE T: +44 (0) 1534 887 166 E: info@royalroadminerals.com Follow us on

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