Riley Gold Corp. · TSXV:RLYG

Riley Gold — Investor Presentation (February 2022)

25 slides from Riley Gold's investor presentation, February 2022

  1. Slide 1: Corporate Presentation – February 2022

    rileygoldcorp.com CORPORATE PRESENTATION – FEBRUARY 2022

  2. 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

  3. 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

  4. 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

  5. Slide 5: Capital Structure

    CAPITAL STRUCTURE Capital Structure (as of January 14, 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 @ $C0.30

  6. 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

  7. 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

  8. 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

  9. 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

  10. Slide 10: Tokop – 2021 Sampling

    TOKOP – 2021 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 gpt gold • 1.0

  11. Slide 11: Tokop – Visible Gold

    TOKOP – VISIBLE GOLD Gold Panned from 2021 Surface Rock Sample (that returned 19.3 gpt gold & 104 gpt silver) *Magnification 30X 11

  12. Slide 12: Tokop – 2021 Drill Results

    TOKOP – 2021 DRILL RESULTS Results from Phase 1 Maiden Drill Program Initial HQ3 oriented core holes, targeting near-surface quartz veins, shears, and mineralized fault zones, returned assay intercepts with highlights of: TKR-21C: 9.32 gpt gold over 2.6 metres (“m”) from 46.2 m ▪ including 17.1 gpt

  13. Slide 13: Tokop – High-Grade Drill Core

    TOKOP – HIGH-GRADE DRILL CORE First Results (June 2021) from Ongoing Maiden Drill Program Drill core from 17.1 gpt gold intercept : TKR-21-C, 46.2 – 48.8 m; altered monzonite porphyry cut by 1.4 m quartz vein, with iron oxides after sulfides 13

  14. 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 unknown gold anomaly with little to no outcrop was discovered near the epithermal target

  15. Slide 15: 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

  16. Slide 16: 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

  17. Slide 17: 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

  18. Slide 18: 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

  19. Slide 19: 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

  20. Slide 20: 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 20

  21. Slide 21: 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 ?

  22. Slide 22: 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

  23. Slide 23: 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

  24. Slide 24: Contact

    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

  25. Slide 25: 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

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