Riley Gold Corp. · TSXV:RLYG
Riley Gold — Investor Presentation (June 2023)
31 slides from Riley Gold's investor presentation, June 2023
Slide 1: Corporate Presentation – June 2023
rileygoldcorp.com CORPORATE PRESENTATION – JUNE 2023
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
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
Slide 4: Proven Leadership Team – Management & Advisors
PROVEN LEADERSHIP TEAM MANAGEMENT & ADVISORS Todd Hilditch, CEO & Director Ted Wilton, Technical Advisory Committee • 25 years of experience in mineral exploration, mergers & acquisitions, fundraising and • Direct practical experience related to reduced intrusion-related gold systems having public c
Slide 5: Proven Leadership Team – Directors
PROVEN LEADERSHIP TEAM DIRECTORS William Lamb, Chairman of the Board Richard DeLong, Independent 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 th
Slide 6: Capital Structure
CAPITAL STRUCTURE Capital Structure (as at June 2, 2023) 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) 2,995,000 Fully Diluted 45,928,442 18% Insider Ownership Market Cap @ C$0.17 C$5
Slide 7: 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
Slide 8: 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
Slide 9: Pipeline West/Clipper Gold Project (PWC Gold Project)
PIPELINE WEST/CLIPPER GOLD PROJECT (“PWC GOLD PROJECT”) Independence Trend Getchell The 100% controlled Pipeline West-Clipper Gold Project is located in Lander County Trend (Cortez District), approximately 80 km southwest of Elko. Pipeline West/ Clipper Carlin Trend Battle Mtn – Eureka Trend Walker
Slide 10: PWC Gold Project – Near Producing Mines
PWC GOLD PROJECT– 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): • P
Slide 11: PWC Gold Project – Strategically Located
PWC GOLD PROJECT – 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
Slide 12: PWC Gold Project – Work Prior to Riley Work
PWC GOLD PROJECT – WORK PRIOR TO RILEY WORK 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
Slide 13: PWC Gold Project – Previous Soil Surveys
PWC GOLD PROJECT – PREVIOUS SOIL SURVEYS 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 (image on left previous operators
Slide 14: PWC Gold Project – Gold in Soils Survey
PWC GOLD PROJECT – GOLD IN SOILS SURVEY Updated gold-in-soil results (Feb 2023) indicate gold is strongly anomalous within the 3km target strike length compared to older surveys. Survey also revealed that arsenic, antimony, silver, and other pathfinder metal anomalies were not only confirmed by new
Slide 15: PWC Gold Project – Mapped Structure on Gravity
PWC GOLD PROJECT – MAPPED STRUCTURE ON GRAVITY New geology map (Dr. Mike Ressell – Fall 2022) highlights northwest trending structural zone originally interpreted from the horizontal gradient (HG) of Complete Bouguer Anomaly (CBA) gravity. Second structural corridor, this trending northeasterly, coi
Slide 16: PWC Gold Project – Gold in Soils on Geology
PWC GOLD PROJECT- GOLD IN SOILS ON GEOLOGY Gold-in-soil values (ppm) are overlain on geology. Anomalies coincide with a northwesterly structural trend from the southeast corner of the postulated target zone northwest through the center of the target area. Orbit structural zone, was a fluid migration
Slide 17: PWC Gold Project – Intrusive Related Soils on Alteration
PWC GOLD PROJECT – INTRUSIVE RELATED SOILS ON ALTERATION An additional consideration at PWC is that of silver, base metals, and bismuth anomalies related to reduced, intrusion-related gold systems. This signature dominates areas of hornfels and skarn alteration peripheral to the ~105 million year ol
Slide 18: PWC Gold Project – Wenban Target Concept
PWC GOLD PROJECT – WENBAN TARGET CONCEPT • 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 18
Slide 19: PWC Gold Project – Targeting Gap for Carlin Orebodies
PWC GOLD PROJECT – TARGETING GAP FOR CARLIN OREBODIES 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
Slide 20: Activities Ramping Up at PWC Gold Project
ACTIVITIES RAMPING UP AT PWC GOLD PROJECT 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 1,046 soil sample program complet
Slide 21: 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
Slide 22: 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
Slide 23: 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
Slide 24: 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
Slide 25: 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
Slide 26: 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
Slide 27: 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
Slide 28: 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
Slide 29: 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
Slide 30: Our Value Proposition
OUR VALUE PROPOSITION Company Projects Catalysts • Proven management team • Located in Nevada, top mining • Expanded soil sampling at Pipeline West-Clipper covering all aspects of mine jurisdiction in the world (2023) finding, development, • Both Tokop and Pipeline West • Drill target modelling at P
Slide 31: 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