Rupert Resources Ltd (RUP) Corporate presentation summary

Project overview and strategic positioning

• Advancing a high-quality gold asset, Ikkari, into production with a world-class >4Moz gold resource and lowest quartile costs and emissions.

• Located in Finland, ranked the #1 mining jurisdiction for investment, with established infrastructure and a supportive government.

• Ikkari is ranked #2 of 612 global mining projects by the Mining Journal Project Pipeline Index for 2025.

• The company holds a significant land package in Central Lapland, adjacent to major mines and active exploration projects.

Leadership and project development

• Leadership team with deep experience in mine development, including recent hires from La Mancha, Centamin, and Rio Tinto.

• Project milestones for 2026–2027 include EIA submission (Q4 2026), feasibility study completion (H1 2027), and project financing arrangements in 2027.

• Infill drilling at Ikkari and reassessment of Pahtavaara to support project financing and resource updates.

Technical and operational highlights

• Ikkari has an indicated mineral resource of 58.4Mt at 2.18g/t Au for 4.09Moz and a probable reserve of 52Mt at 2.10g/t Au for 3.49Moz.

• Life of mine is 20 years, with average annual production of 227koz for the first 10 years and 167koz over LOM.

• All-in sustaining cost (AISC) is $717/oz for the first 10 years and $918/oz over LOM, with initial capex of $575m.

• Metallurgical recovery is 95.8% using a conventional flowsheet; non-refractory ore allows for efficient processing.