Slide 1: Renforth Resources Inc. Corporate Overview May 2026
RENFORTH RESOURCES INC. Corporate Overview | May 2026 公司概况 | 2026年5月 Two assets. One self-funding strategy. 两大资产。一项内部融资策略。 Parbec Gold Deposit | Victoria Polymetallic Deposit | Québec, Canada 加拿大魁北克省 | Parbec金矿床 | Victoria多金属矿床 CSE: RFR | OTC: RFHRF | FSE: 9RR Not financial advice. Forward-looking s
Slide 2: Plug-and-play infrastructure, next door to a producing major
Plug-and-play infrastructure, next door to a producing major 基础设施可立即启用，紧邻一家生产中的矿业巨头 NEIGHBOUR / 毗邻优势 Contiguous to Canadian Malartic 与加拿大马拉蒂克矿相邻 Agnico Eagle's flagship mine — Canada's largest gold producer / Agnico Eagle的旗舰矿——加拿 大最大的黄金生产商 POWER / 电力条件 Hydro powerline crosses both properties 高压输电线路横
Slide 3: Location
Location Québec, Canada: Tier-1 jurisdiction with clear permitting frameworks and established mining culture. Logistics advantage: road + rail with access to deep water and the eastern U.S. within a day. Commodity leverage across cycles: gold cash-path plus critical & battery metals exposure. Quebec
Slide 4: Parbec's cash flow funds Victoria's growth — zero dilution required
Parbec's cash flow funds Victoria's growth — zero dilution required Parbec产生的现金流为Victoria的成长提供资金 — 无需稀释股权 Two wholly-owned Québec deposits. One generates the capital. The other scales the upside. 两个全资拥有的魁北克矿床。一个创造资本，另一个创造增长空间。 CASH GENERATOR / 现金生成者 GROWTH ASSET / 成长资产 PARBEC · Gold Deposit / Parbec
Slide 5: 125 Mt of critical minerals – 88% of the system still unexplored
125 Mt of critical minerals – and 88% of the system is still unexplored 1.25 亿吨关键矿产 — 仍有88%的成矿系统尚未勘探 125 Mt Inferred Resource ~20km Mineralized Strike <1:1 Strip Ratio Ni·Co·Cu·Zn·Ag Resource Metals 推断资源量1.25 亿吨 矿化走向绵延约 20 公里 剥采比<1:1 资源金属镍 · 钴 · 铜 · 锌 · 银 Initial Open Pit MRE, Sept 2025 2.5km open p
Slide 6: Slide 6
Slide 7: ~12% drilled. 88% still open.
Built-in infrastructure + only ~12% drilled = low CAPEX, high optionality 既有基础设施 + 仅钻探约12% = 低资本支出、巨大开发灵活性 ~12% drilled. 88% still open. 仅钻探约12%。仍有88%尚未勘探。 Initial MRE covers a fraction of the ~20 km mineralized structure – with infrastructure already in place. / 初始资源量估算仅覆盖了约 20公里矿化构造的一小部分 — 而基础设施已就
Slide 8: A2 — Victoria: Two confirmed high-grade intercepts
A2 — Victoria: Two confirmed high-grade intercepts anchor 2026 undercut drill program A2 — Victoria：两段已确认的高品位见矿段奠定2026年下探钻探计划的基础 SUR21-28 · HIGH-GRADE UNDERCUT TARGET 钻孔SUR21-28 · 高品位下探靶区 3.46% Ni over 1.5m / 1.5米矿化段内镍品位3.46% within a 12m interval at 0.54% Ni / 138.7 ppm Co / 包含在更宽阔的12米矿化区间 内，品位为0.5
Slide 9: US$7M market cap. US$1.22B of in-ground gold.
US$7M market cap. US$1.22B of in-ground gold. 市值700万美元。地下黄金价值12.2亿美元。 265,800 M&I MRE ounces. Gold rerated 2.2×. Market hasn't. 估算26.58万盎司测定+指示资源量。黄金价格已上涨2.2 倍。市场尚未对此定价。 Market Cap / 市值 ~US$7M today / 今天 700万美元 Gold Value / 黄金价值 US$558M / 5.58亿美元 M&I MRE statement (US$2,100/oz) 测定+指示资源量估算 （按2100美元/盎
Slide 10: Malartic Proximity
Malartic Proximity Parbec borders Canadian Malartic, Canade'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/rail
Slide 11: Parbec's underground was built for $400 gold
Parbec's underground was built for $400 gold. Today gold trades 11× higher. Parbec的地下井建成时每盎司金价只有400 美元。如今金价是当时的11倍。 362,800 oz Au resource 73% Measured & Indicated 11× IN PLACE Gold price multiple Underground decline 362,800 盎司黄金资源量 测定+指示资源量占资源总量 金价上涨了11倍 地下斜井已到位 265,800 M&I + 97,000 Inferred 73% vs
Slide 12: Four dated 2026 catalysts – each a potential re-rating trigger
Four dated 2026 catalysts – each a potential re-rating trigger 2026年四大催化剂——每一个都可能触发价值重估 Parbec advances quarterly through 2026, building toward an underground bulk sample at today's gold price. Parbec项目将在2026年逐季推进，朝着在当前金价下开展地下批量取样的目标迈进。 NOW / 今天 Stripping & Surface Mapping 剥离与地表填图 330×120m strip exp
Slide 13: Three gold settings within the Parbec Deposit
Zone 1 holds the MRE — Zones 2 & 3 look like Malartic and Lapa, still wide open 第1区拥有资源量估算 — 第2区和第3区看起来像Malartic 和Lapa，成矿作用仍然完全开放 3 Gold Settings within the Parbec Deposit / Parbec矿床内的三种金矿化类型 ZONE 1 · MRE Cadillac Break Host · Unmined 第1区 · 资源量估算区 Cadillac 断裂带控矿 · 尚未开采 Hosts the bulk of the current
Slide 14: Two Assets. Clear Path to Value.
Two Assets. Clear Path to Value. 两大资产。清晰的价值创造路径。 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. / Parbec的矿产资源估算（MRE）基于2100 美元/盎司的金价计算——而如 今金价已超过 4600 美元/盎司，之间存在重大差异。而以下每一项催化剂都将进一步拉大这一差距。 Gold Rerating / 黄金价值重估 0
Slide 15: 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矿产资源估算基于2100美元/盎司定价。如今金价为4600 美元/盎司 ，2026年的每一项里程碑都在缩小这一差距 PARBEC GOLD · 2026 CATALYST PATH 9 catalysts in 12 months · 2.2× embedded gold price uplift Parbec金矿项目 · 2026 年催化剂路径 12个月内9大催化剂 · 2.2倍的内嵌金价升
Slide 16: ~$10M market cap on a Québec gold platform
~$10M market cap on a Québec gold platform — insider-aligned, asset-rich, sub-$15M fully diluted 市值约1000万加元的魁北克黄金公司，内部持股一致、资产丰富、完全稀释后市值接近1500万加元 ~$10M ~19% ~561.3M Fully Diluted Shares Market Cap (CAD) Insider Ownership fully diluted — management aligned 完全稀释后股份数约5.613亿股 at $0.02–$0.026 / sh 市值约1000
Slide 17: Renforth Trades at a Deep Discount — With 2026 Catalysts Queued Up
Renforth Trades at a Deep Discount — With 2026 Catalysts Queued Up Renforth大幅折价交易 —— 2026年催化剂已排队就绪 Peer data sourced from public filings. Verify market caps and ounce figures before distribution — prices fluctuate. 同行数据来源于公开文件。市值和资源量盎司数据可能因股价和钻探结果会有波动。 Company Jurisdiction M&I oz (000s) Inf. oz (000
Slide 18: lamgold
lamgold itwood i At Crique*va' Corne 1 k “ ° ig j aay a . - \ fe : ’ - ss Ss Agnico ¢ — ‘Marbane 7 ae Za x iY 5 Parbec i Wesdome ; pe a Kiena ~ = “ ; | ‘ ; ; Agnico) ‘ | be® ‘4 t vos IGoldex| F aC Agnico Fe i Canadian Malartic . * f Image © 2026 Airbus Image ©2026 CNES / Airbus ie S uy ¢ x Google Ea
Slide 19: Renforth Resources Inc.
RENFORTH RESOURCES INC. CSE: RFR | OTC: RFHRF | FSE: 9RR renforthresources.com Nicole Brewster, President & CEO / 总裁兼首席执行官 nicole@renforthresources.com This presentation has been prepared by Renforth Resources Inc. and contains forward-looking statements based on management's current expectations. A
Slide 20: Appendix
APPENDIX / 附录文件 Technical Data · MRE Statements · Drill Results 技术数据 · 资源量估算声明 · 钻探结果
Slide 21: 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 附录1 — Parbec黄金资源量估算：测定+指示资源量为26.6 万盎司，按2100美元/盎司金价估算，今天金价已 高于4600美元/盎司 265.8 koz $2,100/oz >$4,600/oz M&I GOLD (OPEN PIT) MRE GOLD PRICE ASSUMPTION GOLD SPOT TODAY 测定+指示黄金资源（露天矿）为26.58 万盎司 资源量估算时采用的金价假设为21
Slide 22: A2 — Parbec Gold Deposit: Key Drill Grades & Intercept Lengths
A2 — Parbec Gold Deposit: Key Drill Grades & Intercept Lengths 附录2 — Parbec金矿床：关键钻探品位与见矿长度 Parbec is currently an open pit MRE calculated at US$2,100/oz. Renforth believes Parbec will support underground mining. 2026 field work is designed to prove it. Parbec目前拥有基于2100美元/盎司金价估算的露天矿资源量。Renforth认为Parb
Slide 23: A3 — Victoria MRE
A3 — Victoria MRE: 413 Mlb NiEq inferred in an open-pittable polymetallic deposit, with Pt/Pd to be added next MRE / 附录3 — Victoria资源量估算：推断资源量中含 4.13亿磅镍当量，赋存于可露天开采的多金属矿床 中，下次资源量估算中将加入铂金和钯金 413 Mlb 125 Mt 0.15% <1:1 CONTAINED NiEq TONNAGE INFERRED NiEq GRADE STRIP RATIO 含4.13 亿磅镍当量 推断资源量1.25 亿吨 镍当量品位
Slide 24: A4 — Victoria: Mlb NiEq across five payable metals
A4 — Victoria: 413 Mlb NiEq across five payable metals, with Pt/Pd to be added next MRE 附录4 — Victoria：4.13 亿磅镍当量，分布于五种可付金属中，下次资源量估算中将加入铂和钯 125 Mt at 0.15% NiEq, <1:1 strip ratio — payable metals broken out below. / 1.25 亿吨，镍当量品位 0.15%，剥采比 <1:1 — 可付金属明细如下。 Inferred MRE — Pit-Constrained Resource & C
Slide 25: A5 — Victoria: Top Intervals by Net Smelter Return (NSR)
A5 — Victoria: Top 15 Intervals by Net Smelter Return (NSR) 附录5 — Victoria：按净熔炼回报权利金（NSR）排名前15的钻探区间 The table below lists the 15 highest-value single intervals recorded across all drilling at Victoria, ranked by NSR (C$/t). Individual one-to-two metre core lengths, not composite weighted averages. 下
Slide 26: A6 — Victoria: Top Intervals by Nickel Equivalent Grade
A6 — Victoria: Top 15 Intervals by Nickel Equivalent Grade (NiEq %) 附录6 — Victoria：按镍当量品位（NiEq %）排名前15的钻探区间 NiEq ranking largely mirrors the NSR ranking, confirming internal dataset consistency. Minor reordering reflects cobalt being weighted more heavily by NiEq vs. price contribution. / 镍当量排名与NSR排