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 RUP-TSXV APRIL 2021 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 Top 30 gold intercepts in Europe since January 2019 1200 Rupert Resources 1000 g/t Au x interval (m) 800 Other Finland Project 600 Other European Project 400 200 0 Pahtavaara (Mine) Pahtavaara
Slide 5: Capital Structure
CAPITAL STRUCTURE Capital Structure 4.00 Gold price (USD/troy oz) 3.50 Rupert Resources share price (RUP - TSXV) Shares on Issue 165,265,761 Relative Performance (12 months) VanEck Junior Gold Miners ETF (GDXJ) 3.00 Options 10,465,000 2.50 AEM warrants (at CAD 1.00/shr) 11,543,704 2.00 Fully Diluted
Slide 6: Strategic Land Position
STRATEGIC LAND POSITION RUPERT CONTROLS 451KM2 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 6
Slide 7: 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 Revised structural interpretation Detailed geophysics Historic data compilation RUP - TS
Slide 8: 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 9: 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 10: Area 1 – Multiple New Discoveries Under Cover
AREA 1 – MULTIPLE NEW DISCOVERIES UNDER COVER NO DRILLING DEEPER THAN 450M VERTICAL… See the Company’s April 20, 2021 press release for further information. In compliance with National Instrument 43-101. Dr Charlie Seabrook, RPGeo., is the Qualified Person who supervised the preparation of the scien
Slide 11: Ikkari Interpretation – Open in All Directions
IKKARI INTERPRETATION – OPEN IN ALL DIRECTIONS 650M OF STRIKE NOW CONFIRMED ON AT LEAST 80M DRILL CENTRES See the Company’s April 20, 2021 press release for further information. In compliance with National Instrument 43-101. Dr Charlie Seabrook, RPGeo., is the Qualified Person who supervised the pre
Slide 12: Ikkari Sections - West
IKKARI SECTIONS - WEST +100M WIDE HIGH GRADE ZONE FROM SURFACE TO AT LEAST 300M DEPTH See the Company’s January 28, 2021 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
Slide 13: Ikkari Sections - West
IKKARI SECTIONS - WEST +100M WIDE HIGHER GRADE ZONE EMERGING See the Company’s January 28, 2021 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 t
Slide 14: Ikkari Section - Central
IKKARI SECTION - CENTRAL 121026 – THE BEST DRILL HOLE AT IKKARI (SO FAR) See the Company’s April 20, 2021 press release for further information. In compliance with National Instrument 43-101. Dr Charlie Seabrook, RPGeo., is the Qualified Person who supervised the preparation of the scientific and te
Slide 15: Ikkari Section - Central
IKKARI SECTION - CENTRAL WIDE NEAR SURFACE ZONE WITH HIGH GRADE CORE See the Company’s March 17, 2021 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 preparatio
Slide 16: Ikkari Section - Central
IKKARI SECTION - CENTRAL 121019 – DOUBLE THE AVERAGE GRADE AT IKKARI AND ZONE PERSISTS TO AT LEAST 400M See the Company’s April 20, 2021 press release for further information. In compliance with National Instrument 43-101. Dr Charlie Seabrook, RUP - TSXV RPGeo., is the Qualified Person who supervise
Slide 17: Ikkari Section - Central
IKKARI SECTION - CENTRAL +100M WIDE TO OVER 400M VERTICAL DEPTH WITH >4.0G/T AU GRADE See the Company’s April 20, 2021 press release for further information. In compliance with National Instrument 43-101. Dr Charlie Seabrook, RPGeo., is the Qualified Person who supervised the preparation of the scie
Slide 18: Ikkari - East
IKKARI - EAST HIGHER GRADE COMPONENT CONTINUES EASTWARDS See the Company’s March 17, 2021 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 sci
Slide 19: Ikkari - East
IKKARI - 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 scientific and technical disclosure in the
Slide 20: Ikkari - East
IKKARI - EAST MINERALISATION EXTENDS EASTWARDS BUT MINIMAL DRILL COVERAGE See the Company’s January 28, 2021 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 pre
Slide 21: Ikkari – Initial Metallurgical Testwork
IKKARI – INITIAL METALLURGICAL TESTWORK NON-REFRACTORY ,SIMPLE PROCESS FLOWSHEET WITH RECOVERIES OF 95 TO >99% • Milling - 15.5kwh/t Bond Ball Index (Ikkari is of average hardness) • Gravity recoverable gold (GRG) test - showed that the sample contained a GRG content of 65.22% achieved to a mass pul
Slide 22: 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 23: Summary and Catalysts
SUMMARY AND CATALYSTS AIMING TO UNDERSTAND FULL GEOLOGICAL AND ECONOMIC POTENTIAL OF ASSETS AREA 1 • Focus on Ikkari and moving towards resource in Summer 2021 • Preliminary metallurgical work underway • Ongoing drilling of new discoveries with potential to become high value deposits REGIONAL EXPLOR
Slide 24: 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 25: Heinä Central
HEINÄ CENTRAL 120114 – 57.9M GRADING 1.2G/T GOLD AND 0.3% COPPER See the Company’s January 19, 2021 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
Slide 26: Area 1 Drill Results (Excluding Ikkari)
AREA 1 DRILL RESULTS (EXCLUDING IKKARI) Hole ID Date Prospect From (m) To (m) Interval (m) Au (g/t) Cu (%) 120116 19 January 2021 Heinä Central 225.0 245.0 20.0 1.0 1.3 120114 19 January 2021 Heinä Central 127.0 184.9 57.9 1.2 0.3 120105 19 January 2021 Island North 124.0 139.0 15.0 2.2 120033 10 Ju
Slide 27: 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 28: 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