Slide 1: Unlocking the Value of the New High-Grade Mabilo Mine
UNLOCKING THE VALUE OF THE NEW HIGH-GRADE MABILO MINE NOW FULLY FINANCED Stage 1 High-grade Copper DSO (21%) Start-up Operation Fully Financed and Nearing Commitment TSX: RTG // ASX: RTG // RTGMINING.COM INVESTOR UPDATE: April 2025 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Forward-Looking Statements Certain statements contained in this presentation constitute forward-looking statements within the meaning of applicable securities laws, including, among others, statements made or implied relating to RTG’s objectives, strategies to achieve
Slide 3: Strong Board and Management
Strong Board and Management The right team to deliver value and success MICHAEL CARRICK Chartered Accountant with over 30 years in the resources CHAIR sector. Michael was previously Chair & CEO of CGA Mining, Chair of AGR & CEO of Resolute. Prior to Resolute, he was a • Developed 7 mines in 5 differ
Slide 4: Corporate Summary
Corporate Summary Strong Institutional Support 1,912M* RTG SHARES ON ISSUE (undiluted) ASX & TSX CODE 1,962M* Significant Shareholders (Post Placement) SHARES ON ISSUE (fully diluted) Equinox 24% Hains Family 23% ZERO Franklin Resources 6% DEBT $0.031 Carpe Diem Asset Management 6% SHARE PRICE A$18.
Slide 5: RTG Investment Proposition
RTG Investment Proposition Why invest in RTG Mining? • Mabilo Project (Philippines) - world-class high-grade copper/gold project (CuEq 4.61% Reserve), fully permitted MPSA and ECC, with significant exploration upside from a porphyry source, nearing commitment to development • Almost 50/50 copper and
Slide 6: Mabilo Project: Stage 1 US$30M Binding Finance Terms Agreed
Mabilo Project: Stage 1 US$30M Binding Finance Terms Agreed Debt financing for 100% of DSO CAPEX Plus working capital/overrun Facility • Estimated capex of under US$25M (with allowance for capitalised interest) and working capital of up to US$7.5m • Debt facility agreed with Glencore, a highly respe
Slide 7: RTG Portfolio Philippines
RTG Portfolio Philippines High-value assets from exploration through to development stage Mabilo Development: Near-Term Potential • Bankable Feasibility March 2016 • Fully Financed Stage 1 , financing and offtake with Glencore • EPEP and FMR/DP approved March 2019 • Mining Permit granted May 2020 •
Slide 8: Mabilo Project: Targeted Timeframes
Mabilo Project: Targeted Timeframes Development commitment and exploration to grow resources and reserves Current focus will be acquisition of remaining surface rights with Glencore financing, then final permitting for cutting coconut trees Target to commit to development and DSO start- up in mid se
Slide 9: Mabilo Project: Economic Highlights
Mabilo Project: Economic Highlights $574M* NPV5 After – Tax (RTG Share US$285m) Stage 1 – Direct Shipping 18 Months Stage 2 – Primary Concentrate Production (Updated 2024) (2016 Feasibility Study) Capex <$25M Capex $164M Pre-strip $31.1M Net Operating Cashflow Net Annual Operating Cashflow $145M* $1
Slide 10: Mabilo Project Summary: Strong Leverage to Copper and Gold Price
Mabilo Project Summary: Strong Leverage to Copper and Gold Price Current 10% Increase in 20% Increase in Commodity Cu and Au Cu and Au Prices* US$M** US$M*** US$M NPV5 $688M $802M $574M 19% increase 39% increase Net Cashflow from DSO $165M $186M $145M (after tax) 13% increase 28% increase Ave Ann Ne
Slide 11: Mabilo Project: 2015 Resource & Reserve Estimate
Mabilo Project: 2015 Resource & Reserve Estimate Major upside potential at Mabilo: Only 18,000m drilled to date Mabilo Resource Million Contained Au Contained Cu Au g/t Cu % Fe % Indicated and Inferred Tonnes (‘000s oz) (‘000s t) 226.8t Total Resource 12.76Mt 1.9g/t 1.80% 40.5% 762.5oz Significant E
Slide 12: Mabilo Project: New Mineralised Zones
Mabilo Project: New Mineralised Zones Open along strike, down plunge, regionally TSX: RTG // ASX: RTG // RTGMINING.COM 12
Slide 13: Mabilo Project: Exploration Game Changer
Mabilo Project: Exploration Game Changer High-quality porphyry drill targets • Magnetic feature correlated with Chargeable body directly adjacent to magnetite skarn resources • Strong magnetic body South of Venida pit correlated with strong Chargeable body • The NE dipping orientation of the buried
Slide 14: Mabilo Project: Exploration Game Changer
Mabilo Project: Exploration Game Changer Porphyry signature: strong evidence of porphyry located close to identified orebodies • MDH-94 bornite-molybdenite chalcopyrite with rare visible gold around 150m • Re-log of MDH-03 at 120m showed porphyry-style veining bornite-chalcopyrite with elevated copp
Slide 15: Bougainville Opportunity: BCL Mineral Resource
Bougainville Opportunity: BCL Mineral Resource US$105 Billion* in minerals in the old mine 2015 Resource Estimate Indicated: 9.6Mt @ 0.63% CuEq Indicated and Inferred Resource** Cu Au 1.8Bt 0.3% 0.34g/t Inferred: 1.7Mt @ 0.57% Contained Metal 5.3Mt (11.66Blb) 19.3Moz Billion Contained Contained Dec
Slide 16: The Bougainville Opportunity
The Bougainville Opportunity RTG nominated as the Landowner’s developer of choice only developer to have secured critical Landowner support • Panguna Mine was the largest operating copper & gold mine in the world, operated for 17 years and produced 3Mt or 6.6B lb of Cu & 9.3M oz of Au • Landowners o
Slide 17: Chanach Project: Resource Statement
Chanach Project: Resource Statement Own 90% of the project, acquisition cost US$3.65/oz Au and US$0.0063/lb Cu – Total acquisition cost of approx. US$2m Gold Equivalent MAJOR UPSIDE Resource 790,600 Ounces* Only 19,516 Metres 484Koz Au & 64Kt Cu Drilled to Date GOLD MINERAL RESOURCE Tonnes (000s) Au
Slide 18: Chanach Summary: Went Back to Basics with Structural Survey
Chanach Summary: Went Back to Basics with Structural Survey An emerging high-grade copper and gold opportunity • RTG holds a majority stake (90%) in the high-grade Chanach Gold and Copper Project in the Kyrgyz Republic • Clear potential to host both a high-grade, large Copper – Gold Porphyry Skarn s
Slide 19: Chanach: Significant Porphyry Target Identified by IP
Chanach : Significant Porphyry Target Identified by IP • Large chargeable anomaly surrounded by resistive anomaly over de-magnetised zones • L*W*D ~1500m*1500m*+750m • Open at depth and to the west • Amplitudes exceeding 50 mV/V over 150m in depth (exceptionally strong response and is analogous to o
Slide 20: Contact RTG Mining
Contact RTG Mining Please contact our team for any further information Justine Magee President & CEO Tel: +61 8 6489 2900 Email: jmagee@rtgmining.com Mark Turner ANNUAL GENERAL MEETING Chief Operating Officer Tel: +61 8 6489 2900 Email: mturner@rtgmining.com WEDNESDAY 31 MAY 2023 Sam Burns Six Degre