INVESTOR PRESENTATION AUGUST 2020 | OTCQX: RYES | CSE: RISE CSE: - - PowerPoint PPT Presentation

INVESTOR PRESENTATION

AUGUST 2020 | OTCQX: RYES | CSE: RISE

R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G

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Cautionary Statements

D i s c l o s u r e s & F o r w a r d L o o k i n g S t a t e m e n t s

This presentation contains certain forward-looking statements within the meaning of applicable securities laws. Forward-lookingstatements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks, uncertainties and assumptions related to certain factors including, without limitation, obtaining all necessary approvals, expenditure and financing requirements, title matters, operating hazards,metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements and information contained in this release. Rise undertakes no obligation to update forward-looking statements or information except as required by law. This presentation does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The securities referenced herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be

• ffered or sold in the United States except in compliance with one or more exemptions from the registration requirements of the U.S. Securities Act and

applicable state securities laws. The Company cautions that mineral resources that are not mineral reserves do not have demonstrated economic viability. Rise Gold Corp. has not established mineral reserves supported by a NI43-101 compliant technical report and feasibility study. The Company’s submission of an application for a Use Permit from Nevada County requires information regarding planned throughput and material quantities. The Company cautions investors that no technical report has been filed to support that this rate of production can be achieved. The Company has not completed a feasibility study to establishmineral reserves and therefore has not demonstrated economic viability of the IM Mine. The Company has not made a production decision for the IM Mine.

• Mr. Benjamin Mossman P.Eng, CEO of Rise Gold Corp. is the qualified person who reviewed and approved the contents of this presentation.

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Idaho-Maryland Gold Project

Idaho-Maryland Gold Project “I-M Mine”

Grass Valley, Nevada County, California USA

• Past Producer (100% ownership)
• Produced ~2,414,000 oz gold*
• Average historic head grade of 17 gpt*
• Production of ~121,000 oz per year in 1940-41**
• All major veins open for exploration at depth
• Private Land
• ~2800 Acres of PrivateMineral Rights
• US$3.9 million invested in real estate
• 100% Ownership
• 175 Acres Industrial Surface Land
• No Royalties

CALIFORNIA USA = Rule of Law Private Land Mild Climate Year Round Drilling Highway Access Idaho-Maryland | City of Grass Valley | Nevada County | California | USA *Details of historic production disclosure in Rise press release dated April 4th 2017 and available at www.sedar.com **US Bureau of Mines. Mineral Yearbook 1941 (1942). Pg.252

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I-M was NOT “Mined Out”

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I-M Mine was forced to shut down

• Forced closure in 1942 by US Government during WWII
• I-M was the second largest lode gold mine in the entire USA in 1940
• I-M completed a major capital expansion to double production just before shutdown

Forced shutdown devastated the I-M and American gold mining

• I-M lost access to its highest grade reserves in the Idaho Mine due to lack of maintenance
• CEO had a stroke during the war and was incapacitated
• Fixed gold price at $35 and high cost inflation after WWII. Gold prices at historic lows until 1971

I-M under option for last three decades

• Emgold and predecessors controlled the I-M from ~1985-2013
• Emgold didn’t drill a single hole beneath the mine workings during this time
• Received dewatering permit in 1995. Company decimated by Bre-X market crash in 1997
• Emgold’s largest shareholder (20%), RAB Capital, imploded after 2008 financial crisis

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Once the 2nd largest gold mine in the USA

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Appeal Democrat, Apr 1939 Union, Grass Valley May 1908 Union, May 1908 Sacramento Bee, April 1940 LA Times, Sep 1940 Record Union, Feb 1892

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Production Mill Head Grade

• z gold
• z/ton

gpt Union Hill 36,000 1.21 41.5 Brunswick 757,000 0.27 9.1 Total 793,000 0.27 9.3

Historic Production Total past production from I-M Mine

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CSE: RISE OTC: RYES Production Mill Head Grade

• z gold
• z/ton

gpt 1 Vein 935,000 1.12 38.6 3 Vein 686,000 0.60 20.4 Total 1,621,000 0.83 28.4

IDAHO MINE BRUNSWICK MINE IDAHO MARYLAND MINE

Total Production 2,414,000 oz gold Average mill head grade 0.50 oz/ton (17.1 gpt)

*Details of historic production disclosure in Rise press release dated April 4th 2017 and available at www.sedar.com

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Idaho-Maryland Mine Plan View Showing Mine Workings

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3 VEIN SYSTEM 686,000 oz gold produced 20 gpt gold head grade From ~200 m to ~600 m (400 m vertical depth) BRUNSWICK 793,000 oz gold produced 9 gpt gold head grade From 100 m to ~500 m (400 m vertical depth) 1 VEIN 935,000 oz gold produced 39 gpt gold head grade From surface to ~550 m (550 m vertical depth) *Details of historic production is disclosed in Rise press release dated April 4th 2017 and available at www.sedar.com

1 km

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Exploration Success Numerous high-grade drill intercepts to depth

Photographs of visible gold in selected Rise Gold core samples are of high-grade gold mineralization and not representative of the average mineralization.

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 Demonstrated continuation of Brunswick gold veins

Numerous drill intersections by Rise Gold in 2018: 0.36 opt Au / 48.9 ft  0.23 gpt Au / 13.5 ft  0.65 opt Au / 17.1 ft  0.14 opt Au / 29.5 ft

 Demonstrated continuation of gold mineralization to depth

Deep drill hole, B-18-05, intersected gold mineralization over 1 km below historic mine: 0.69 opt Au / 14.8 ft (including 6.71 opt / 1.5 ft)  0.32 opt Au / 9.5 ft (including 1.78 opt / 1.6 ft)

 Demonstrated ability to intercept bonanza gold in quartz

Recent drill hole I-18-10 in the 52 Vein area in December 2018: 4.3 opt Au / 22.3 ft including 63.8 opt Au / 1.5 ft

 Demonstrated continuation of Idaho gold veins

Recent drill hole I-18-13A in the Idaho #2 Vein area in March 2019: 2.6 opt Au / 14.1 ft including 13.3 opt Au / 2.7 ft Recent drill hole I-18-12B in the Idaho #1 Vein area in May 2019: 0.27 opt Au / 19.4 ft including 1.34 opt Au / 3.6 ft

Exploration Success Numerous high-grade drill intercepts to depth

*Details of drill results in Rise press releases and available at www.sedar.com

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*http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

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Inflation adjusted price of gold $US/oz

1971 “Nixon Shock” US dollar removed from gold standard of $35/oz. 1980 2011 Dec 1941 USA enters WW2 1934 US government raises the price of gold from $20/oz to $35/oz. 1940 Idaho Maryland Mine produces 129,000 oz gold per year. USA’s 2nd largest lode gold mine 1942 US government orders all its gold mines closed 1954 I-M Mine shuts down due to low gold price 1948 Bretton Woods & High inflation after WWII 1920

1986 Lease of I-M by Emgold affiliates 1995 Emgold granted dewatering permit at I-M 2001 Emgoldallows I-M dewatering permits to expire 2008 Financial Crisis causes largest Emgoldshareholder (RAB) to collapse

NOW

2013 Emgoldlease on property expires 2017 Rise purchases I-M property 2008 EmgoldUse Permit stalls at Draft stage 2002 Emgold submits Use Permit application for Ceramic project

USE PERMIT TO REOPEN MINE

LAND HOLDINGS & INFRASTRUCTURE

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Nevada County – Use Permit

Rise application for a Use Permit in November 2019

• Only discretionary permit required to allow reopening of the Idaho-Maryland Gold Mine.
• $1.2 million in technical work submitted with application.
• Reports show No Significant Environmental Impacts after Mitigation.
• Supportive local county government.
• Raney Planning & Management currently preparing Environmental Impact Report.
• Approval of Use Permit in early 2021 would be a major company changing event.

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Private Land– Mining is an Allowed Use in local zoning code

• No permits required for exploration drilling from surface on Industrial zoned land.
• Underground exploration and mining is an allowed use in Zoning regulations subject to a Use Permit.
• Nevada County is lead agency for mine permitting, NOT California State.
• No permitting through US BLM or US Forest Service.

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Nevada County – Use Permit

Recent Mining Use Permits granted in Nevada County

• Blue Lead Open Pit Gold Mine – Permitted in 2015 (8 miles from Idaho-Maryland)
• Newmont’s North Star Mine Water Discharge – Permitted in 2016 (Adjacent to Idaho-Maryland)
• Hansen Greenhorn in-stream gravel mine expansion – Permitted in 2017 (4 miles from Idaho-Maryland)

Rise applied for a Use Permit in November 2019

• Reopening of the Idaho-Maryland Gold Mine.
• Underground mining at an average throughput of 1,000 tons per day.
• Onsite processing and production of gold concentrates.

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Brunswick Site Showing planned infrastructure

Planned truck route (green dashed) Planned NID potable water extension (magenta dashed)

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Brunswick Site Showing planned infrastructure

Brunswick Shaft Planned Process Plant Planned Warehouse Planned Changeroom / Office Engineered Fill Planned Landscaped parking lot Water Treatment Pond Water Treatment Plant

Storm Water Detention Pond

Planned Service Shaft

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EXISTING VERTICAL SHAFT

• 3 compartment vertical shaft to 3400 ft depth (~1km)
• Designed to hoist ~75 tons/hour (6 ton skips at 1250 fpm)

A VALUABLE ASSET

• Shaft timber has been submerged in water since mine closure
• Submerged timbers prevent rot as there is no oxygen
• Submersible ROV shows shaft in good condition

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New Brunswick Shaft

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DEWATERING OF MINE – IMPACT TO DOMESTIC WELLS

• Approximately 25 water wells above mine workings
• Concerns from owners about continuity of water supply
• Mitigation by installing potable water lines from nearby water utility (previous estimate of $1.5M)
• Dewatering of IM Mine was previously approved in 1995

WATER DISCHARGE LOCATION

• Pipe & discharge to South Fork Wolf Creek
• Similar mine water discharge to Wolf Creek recently permitted by Newmont for their Empire Mine
• Limited Threat Discharge – Reduced timeline for water (NPDES) permitting

WATER TREATMENT – GROUND WATER

• Dissolved Iron and Manganese
• To meet drinking water quality standards:

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A D V A N C E D S T U D I E S A N D K N O W N M I T I G A T I O N S

Mine Dewatering

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Use Permit milestones and advisors

Estimated Timeline from Now to Approval ~7-9 months

• County’s consultant prepares a Draft Environmental Impact Report (EIR).
• Draft EIR published for public comments.
• County’s consultant publishes a Final EIR including responses to comments.
• County decisionmakers review Final EIR and consider approval of Use Permit at public hearing.
• Permitting process managed by Benchmark Resources.
• California based planning and environmental consulting firm.
• Track record of success resulted in the development of numerous mining projects across the state.
• Legal and permitting advisor to Rise Grass Valley Inc.
• California’s foremost legal advisor to mining companies.
• Mitchell Chadwick attorneys have permitted over 200 mines in California.

CORPORATE SUMMARY

BUILDING SHAREHOLDER WEALTH

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Rise Gold Corp Management & Directors

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Benjamin Mossman President, Director and CEO An accomplished leader and highly skilled engineer. Experience at eight producing underground mines with production rates ranging from 250 tpd to 3,000 tpd. Underground mining engineer at Miramar Con & Giant gold mines in Yellowknife NWT, Boliden Myra Falls zinc mine and Cantung Tungsten Mine. Senior and Chief Engineer for construction of DeBeers Snap Lake diamond mine and Alexco Bellekeno silver mine. Explored, permitted, financed, constructed, and operated profitable gold mine and mill as CEO of Banks Island Gold. Thomas Vehrs Director A highly regarded and experienced Geologist with over 40 years of experience in the Americas. Recently retired as Vice President Exploration for Fortuna Silver Mines. Mr. Vehrs has managed numerous exploration programs resulting in the discovery and delineation of major copper, gold, and silver deposits. Murray Flanigan Director

• Mr. Flanigan is a Chartered Accountant and a Chartered Financial Analyst with expertise in corporate finance, mergers and acquisitions,

international taxation, risk management, banking, treasury, corporate restructuring and accounting, and has served as Chief Financial Officer for various public and private companies.. John Proust Director

• Mr. Proust has extensive experience in corporate governance and has directed and advised public and private companies regarding debt and

equity financing, mergers and acquisitions and corporate restructuring since 1986. Mr. Proust is currently Chairman and CEO of Southern Arc Minerals Inc. and Japan Gold Corp. Lawrence Lepard Director

• Mr. Lepard is a professional investor and venture capitalist and currently runs Equity Management Associates, LLC, an investment partnership

which has focused on investing in precious metals since 2008.

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Rise Gold Corp Share structure and trading–Aug 5th 2020

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RISE SHARE STRUCTURE

Shares Issued & Outstanding 26,410,000 OPTIONS (avg price ~US$0.75) 1,005,000 WARRANTS (avg price ~US$0.95) 12,472,000 Fully Diluted 39,887,000

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RISE TRADING

52 trading range $0.32 - $0.83 Recent Share Price (Aug 5) ($US) $0.75 Recent Market Capitalization ($US) $19,800,000 Avg Daily Trading (USA - OTCQX) ~13,000 shares Avg Daily Trading (CANADA - CSE) ~16,000 shares

RISE MAJOR SHAREHOLDERS

Yamana Gold Inc. 10% Southern Arc Minerals Inc. 10%

TRADING OVER PAST YEAR – USA - OTCQX :RISE

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 Grade

The average historic mill head grade is comparable to today’s highest grade major gold mines.

 Continuity

The largest vein ,Idaho #1, produced 935,000 oz gold at +1 oz per ton mill head grade (after mining dilution).

 Size

2.4 million oz of historic gold production. Once the 2nd largest lode gold mine in the entire USA.

 Metallurgy

Free milling ore. Historic recovery of 96% with coarse grind (~190 micron). Simple mineral processing.

 Environmental

Historic tailings are non-acid generating with very low metals content.

 Ground conditions

Competent and strong rocks encountered throughout deposit in drilling to date. Low groundwater inflow into mine.

 Infrastructure

Existing vertical production shaft down to 3,400 foot (1,000 m) depth and numerous mine levels.

 Location

United States. Major road, water, and power on large Industrial zoned property.

Idaho-Maryland A superior gold exploration project

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End of Presentation

www.risegoldcorp.com

INVESTOR PRESENTATION – AUGUST 2020 | OTC: RYES | CSE: RISE

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