Rupert Resources

Investment proposition and strategy

ADVANCED EXPLORATION TARGETING LARGE, HIGH VALUE DEPOSITS

Why Pahtavaara?

  • The Ikkari Discovery
    • Moving towards a maiden resource in Summer 2021
    • Preliminary testwork indicates extremely favourable metallurgy
    • Located <5km from road and renewable power transmission
  • Regional exploration
    • Continuation of proven program to generate further discoveries of scale both at Area 1 and along wholly owned 20km trend
    • 509km² land package in Central Lapland Greenstone Belt
  • Pahtavaara mine
    • Permitted mill and potential for low capital start-up
    • NI 43-101 Inferred Resource of 4.6 Mt at a grade of 3.2 g/t Au
    • Exploration upside

Why now?

  • Asymmetrical exploration risk/reward - six new discoveries and progressing towards a resource
  • Strategic investment from Agnico Eagle validates discoveries and approach
  • Key management team and funding in place

Continuous focus on value creation and returns

  • Realise hidden value
  • Ensure investment is accretive to valuation to maximis returns per share
  • Opportunity to develop high margin low emissions mine in low risk jurisdiction