Riley Gold Corp. · TSXV:RLYG
Riley Gold — Investor Presentation (March 2022)
27 slides from Riley Gold's investor presentation, March 2022
Slide 1: Corporate Presentation – March 2022
rileygoldcorp.com CORPORATE PRESENTATION – MARCH 2022
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 projects located in Nevada, a top ranked
Slide 4: Proven Leadership Team
PROVEN LEADERSHIP TEAM William Lamb, Executive Chairman of the Board Richard DeLong, 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 through to ope
Slide 5: Capital Structure
CAPITAL STRUCTURE Capital Structure (as of March 08, 2022) 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) 2,495,000 Fully Diluted 45,428,442 17% Insider Ownership Market Cap @ $C0.24 C
Slide 6: 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 7: Two Cornerstone Projects
TWO CORNERSTONE PROJECTS Tokop Gold Project Pipeline West/Clipper Gold Project • 100% owned 21 sq km • 100% owned 24.7 sq km • Close to operating mines and infrastructure • Ideally positioned between the Cortez Complex • 2021 drilling completed: most significant intercept of operated by Nevada Gold
Slide 8: 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 9: Tokop – Rich Geological Setting
TOKOP – RICH GEOLOGICAL SETTING At Tokop, gold mineralization is hosted in Juro-Cretaceous granites and Precambrian carbonates and skarn, similar to that being developed at the Eagle Mine (Dublin Gulch), Yukon or Fort Knox Mine near Fairbanks, Alaska. Higher grade gold is hosted in shears and closel
Slide 10: Tokop – Historic Rock & Soil Sampling
TOKOP – HISTORIC ROCK & SOIL SAMPLING Historic Surface Rock Sampling Highlights: • Northwest striking quartz vein (34.4 gpt gold) • Sheeted quartz veins hosted in montonite (9.93 gpt gold) • Fine-grained monzonite with minor quartz veins (9.56 gpt gold) • Northwest striking quartz vein (9.51 gpt gol
Slide 11: Tokop – Localized Main Tokop Sampling
TOKOP – LOCALIZED MAIN TOKOP SAMPLING 2021 Surface Rock Sampling Highlights: • Spot sample of 19.3 gpt gold & 104 gpt silver • Spot sample of 14.75 gpt gold & 179 gpt silver • Spot sample of 8.06 gpt gold & 728 gpt silver 2021 Chip channel Sampling Highlights: • 5.0 m of 5.4 gpt gold • 3.0 m of 5.97
Slide 12: Tokop – Visible Gold
TOKOP – VISIBLE GOLD Gold Panned from 2021 Surface Rock Sample (that returned 19.3 gpt gold & 104 gpt silver) *Magnification 30X 12
Slide 13: Tokop – 2021 Confirmation Drill Results
TOKOP – 2021 CONFIRMATION DRILL RESULTS Highlights - Results from Phase 1 Maiden Drill Program Initial HQ3 oriented core holes, targeting near-surface quartz veins, shears, and mineralized fault zones, returned gold assay intercepts in 10 of 12 holes with highlights of: TKR-21C: 9.32 gpt gold over 2
Slide 14: Tokop – 2021 Sampling
TOKOP – 2021 SAMPLING Over 330 soil samples and up to 400 rock samples collected Rock sampling to date has returned values up to 72 gpt gold Assisting with identification of significant areas of interest. A new gold anomaly target (not on this map – named Ghost) with little to no outcrop was discove
Slide 15: Tokop – Main Compilation
TOKOP – MAIN 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 interest ele
Slide 16: Tokop – Ghost Prospect 2021 Sampling
TOKOP – GHOST PROSPECT 2021 SAMPLING • Historic drilling intercepted low sulfidation epithermal veins striking ~N-S: • DTK-4: 12 meters 0.875 gpt gold, including 6 meters 1.469 gpt gold. • DTK-17: 12 meters 0.563 gpt gold. • Anomalous gold-in-soil trend striking N-S west of mapped epithermal veining
Slide 17: Steady Progress at Tokop
STEADY PROGRESS AT TOKOP FEB 2021 • Tokop land position increased by 400% to over 21 square km APR 2021 • 125 rock samples total, returned assays from trace to significant high-grade material up to 19.3 gpt gold and 970 gpt silver • Initial drill program underway, 3000 metres over 18 holes • Assays
Slide 18: Pipeline West/Clipper Gold Project - Overview
PIPELINE WEST/CLIPPER GOLD PROJECT - OVERVIEW Independence Trend Getchell Trend The 100% controlled Pipeline West-Clipper Gold Project is located in Lander County (Cortez District), approximately 80 km Pipeline West/ southwest of Elko. Clipper Carlin Trend The Project includes 24.7 square km (9.5 sq
Slide 19: Pipeline West – Near Producing Mines
PIPELINE WEST – 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): • Pip
Slide 20: Pipeline West – Strategically Located
PIPELINE WEST – 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 Nev
Slide 21: Pipeline West/Clipper Gold Project
PIPELINE WEST/CLIPPER GOLD PROJECT 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, and Rob
Slide 22: Pipeline West – Wenban Potential
PIPELINE WEST – WENBAN POTENTIAL • 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 22
Slide 23: Pipeline – Targeting Deep High-Grade
PIPELINE – TARGETING DEEP HIGH-GRADE 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 0m Gold Acres ?
Slide 24: Activities Ramping Up at Pipeline West/Clipper
ACTIVITIES RAMPING UP AT PIPELINE WEST/CLIPPER 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 OCT 2021 • Exploration planning underway • Distric
Slide 25: Our Value Proposition
OUR VALUE PROPOSITION Company Projects Catalysts • Proven management team • Located in Nevada, the #1 • Geophysical Survey Results at Tokop (Q122) covering all aspects of mine mining jurisdiction in the world • Additional surface samples at Tokop (Q122) finding, development, • Both Tokop and Pipelin
Slide 26: 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: [email protected] rileygoldcorp.com
Slide 27: Exploration Timeline
• District scale review of EXPLORATION TIMELINE neighbouring operations, geological controls, signatures and footprint • Ongoing review of all Tokop Project available previous work Pipeline West/Clipper Project • Assays from 3 drill holes including geophysics, drilling including 17.1 gpt gold over l