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HIGH-GRADE ASSETS IN TIER 1 JURISDICTION - SCARCE COMMODITY! Radisson Average gold price $US 1,395 Average takeover premium $900.00 $800.00 EV / OZ VS USD Gold Price (Bubble Area = Deposit Size) MINING RESOURCES $2,400.00 Producer Developer $2,200.0 Resource Stage TSXV:RDS 40% Average EV / OZ $US 252 Current Gold Price $US 1,930 $700.00 $600.00 $500.00 EV / OZ $ US Claude resources $400.00 $300.00 $200.00 Radisson EV/OZ $US 35 $100.00 Richmont Integra Gold Battle North Radisson $2,000.00 $1,800.00 Gold Price $ US Osisko $1,600.00 $1,400.00 $- $1,200.00 Sep-15 Oct-16 Nov-17 Dec-18 Jan-20 Feb-21 Mar-22 May-23 Source: Company disclosure, Thomson Reuters Note: Global resource metrics used 30

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