Red River Resources : November 2021 Presentration

ASX - RVR

PRODUCER - DEVELOPER - EXPLORER

ersonal use only

RVR NOVEMBER 2021

DISCLAIMER & COMPLIANCE STATEMENTS

The information contained in this presentation should be read in conjunction with and subject to the cautionary statements contained on this page and the statements contained in and referred to elsewhere in this presentation, including the competent persons statements contained within and the ASX announcements to which this presentation refers.

Forward Looking Statements

This presentation may contain forward looking statements that are subject to risk factors associated with the mining and resources industry. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of variables which could cause

actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, geotechnical
onlyfactors, drilling and exploration results, development progress, operating results, engineering estimates, reserve estimates, loss of market,
industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial markets
conditions in various countries, approvals and cost estimates
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ersonal	2

FY21 HIGHLIGHTS

only				Operating Cash Flow: A$45.0m
			Underlying EBITDA1: A$42.7m
			Near-Term Organic Growth
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Zn		Ag	Diversified Revenue
	Pb		Au	(100% owned assets)
		Cu
ersonal				Exploration options
			(QLD and NSW)

Tier 1 Offtake partners

1. Excluding a $15.1 million provision for settlement of the TCM royalties (See ASX announcement 26/8/21)

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CORPORATE OVERVIEW

	CAPITAL STRUCTURE
only	517.8 million
	Shares on Issue
	Options on Issue1	2.5 million
	Market Capitalisation 17/11/21	A$106 million
use	A$24.2 million
	Cash2
	Financial Assets3	A$18.3 million
ersonal	-
	Debt

1. 2.5 million options on issue with an exercise price of 30.0cps

2. Cash balance as at 30 September 2021 (See ASX announcement 27/10/21)

3. Cash backed security bond deposits as at 30 June 2021 (See ASX announcement 27/10/21)

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BOARD

Non-Executive Chairman BRETT FLETCHER

Managing Director

MEL PALANCIAN

IAN SMITH

Non-Executive Directors

MARK HANLON

Company Secretary	CAMERON BODLEY

COMPANY OVERVIEW

onlyuse ersonal1. Reserve and Resources

FY2FY24

Heberton Project

Silver, Indium, Copper, Lead, Zinc

Location: Heberton (QLD)

Advanced Exploration Project

Thalanga Mine

Copper, Lead, Zinc, Silver, Gold

Location: Charters Towers (QLD)

UG Mining - In Production

Hillgrove Mine

Gold, Antimony

Location: Armidale (NSW)

UG Mine - Production Restart

as at June 30 2021 (See ASX announcement 26/8/21)

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Thalanga Reserve

(Far West) - 0.7Mt

@ 10.7% Zn Eq.1

Thalanga Resource -

6.2Mt @ 13.8% Zn Eq. 1

Hillgrove Resource - 7.23Mt @ 4.5g/t Au and 1.2% Sb (1Moz Au and 90Kt Sb) 1

Herberton -

Silver Indium target