(LON:ROCK) Exploring for gold and copper in Australia and Papua New Guinea

Transcription

1 (LON:ROCK) Exploring for gold and copper in Australia and Papua New Guinea 1

2 Disclaimer Important Information This presentation has been prepared by Rockfire Resources plc ( ROCK or the Company ). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respect to those securities. This presentation contains forecasts, projections and forward looking information. Such forecasts, projections and information are not a guarantee of future performance and involve unknown risks and uncertainties, many of which are out of ROCK s control. Actual results and developments will almost certainly differ materially from those expressed or implied. ROCK has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. To the maximum extent permitted by applicable laws, ROCK makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for (1) the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, any information, statement or opinion contained in this presentation and (2) without prejudice to the generality of the foregoing, the achievement or accuracy of any forecasts, projections or other forward looking information contained or referred to in this presentation. This overview of the Company does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of ROCK s targeted prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision. ROCKFIRE 2

3 Rockfire Resources exploring amongst giants Exploring amongst world-class deposits in Australia and PNG Excellent opportunity for discovery of economic deposits A determined, experienced and successful board of directors Aiming to build a growth company providing returns for investors Low m/cap, low share issue, cash in bank and growth strategy A substantial and increasing portfolio of 100%-owned, highly prospective projects ROCKFIRE 3

4 Rockfire Resources 10-year gold and copper GOLD Source: COPPER US$/T Source: ROCKFIRE 4

5 Rockfire Resources discovery trend favours juniors Junior explorers are responsible for over 70% of all new mineral discoveries. ROCKFIRE 5

6 Rockfire Resources company profile AIM Code: ROCK Ordinary Shares (million) Market Cap ( ) 5.05M Cash at 15 Aug M Debt at 15 Aug Shareholder Shares (M) % Michael Somerset-Leeke Nicholas Walley Value Generation/P.& M. Johnson Salida Capital (Europe) Limited David W Price * Edward Fry * South Pacific Mining Holdings Limited * denotes directors and management ROCKFIRE Directors & Management Gordon Hart Executive Chairman David Price Managing Director & CEO Edward Fry Exploration Manager Directors & Management hold 7.12% of PML 6

7 Rockfire Resources board of directors and management Gordon Hart Chairman Equities and Finance, (+35 years experience) Graduate of Institute of Company Directors Venture Group Equities, GB Energy, Convergent Minerals, Informotion David Price Managing Director and CEO (FAusIMM) Geologist, (30 years experience) Australia, PNG, Fiji, China, Greece, Austria Convergent Minerals, Golden Tiger Mining, Danae Resources, Hargraves Resources, Placer Pacific Edward Fry Exploration Manager (MAusIMM) Geologist, (10 years experience) Australia, Papua New Guinea, China Mill Resources, Artemis Resources, BGM Investments, Kings Minerals, Convergent Minerals, Legend International, Golden Tiger Mining, ROCKFIRE 7

8 Australia ROCK owns 100% of all tenements Lighthouse Breccia-hosted Au/Cu +/- Ag Sits amongst giants Marengo Epithermal Au/Cu, IRGS Historical goldfield (1871) Copperhead Porphyry Cu Included in the USGS Global Mineral Resource Assessment ROCKFIRE 8

9 Papua New Guinea ROCK owns 100% of all tenements Tripela Porphyry Cu Rocks up to 29% Cu at surface Mount Visi Porphyry Cu New discovery, rocks up to 35.5 g/t Au and 4% Cu. ROCKFIRE 9

10 Lighthouse Queensland, Australia 636 sq. km. Multiple breccia, epithermal and vein-hosted mineralising systems 10

11 Lighthouse STRATEGIC LAND ACCUMULATION Regional production +20moz Au ROCKFIRE 11

12 Lighthouse PLATEAU PROSPECT Open pit mine potential December 2017 drilling: 1.9 g/t Au g/t Ag (39m downhole) 0.5 g/t Au g/t Ag (16m downhole) Historical drilling: 2.4 g/t Au 5.0 g/t Au 3.0 g/t Au 2.4 g/t Au 4.9 g/t Au 1.9 g/t Au g/t Ag (18m downhole) 1.0 g/t Au g/t Ag (119m downhole) RC DRILLING DECEMBER 2017 ROCKFIRE 1.1g/t Au from 645m downhole 12

13 Lighthouse PLATEAU PROSPECT open at depth ROCKFIRE RESOURCES PLC ROCKFIRE 13

14 Lighthouse DOUBLE EVENT PROSPECT 3 kilometres long Gold assays include; 37.7 g/t, 33.3 g/t, 33.1 g/t, 25.9 g/t, 24.3 g/t, 23.5 g/t Silver assays include; 56.8 g/t, 54.0 g/t, 52.7 g/t, 46.7 g/t, 38.7 g/t and 37.1 g/t Lead assays include; 4.46%, 3.64% and 3.29% Pb The average of all rock samples collected is 8.45 g/t Au. A quarter of all samples (25%) returned gold in excess of 10 g/t Au. ROCKFIRE ROCK SAMPLING FEB 2018 Rockfire Resources plc Lighthouse Project, Double Event Prospect Rock sam pling February 2018 Sam ple Au Ag Pb Pb Num ber ppm ppm ppm % BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS , BDERS ,

15 Lighthouse DOUBLE EVENT PROSPECT July 2018 drilling: 2.1 g/t Au and 4 g/t Ag (from 23m) 1.2 g/t Au and 4 g/t Ag (from 24m) 6.0 g/t Au and 30 g/t Ag (from 25m) 1.3g/t Au and 4 g/t Ag (from 10m) 2.5g/t Au and 5 g/t Ag (from 41m) 2.7 g/t Au and 7 g/t Ag (from 39m) Battle Mountain drill results g/t Au 4.65 g/t Au 3.93 g/t Au 2.87g/t Au 3.25g/t Au 2.94g/t Au 2.7g/t Au ROCKFIRE RC DRILLING JUNE

16 Marengo Queensland, Australia 180 sq. km. Epithermal and Intrusionrelated gold system (IRGS) 16

17 Marengo TWO LARGE INTRUSIONS One Mile Mountain is undrilled Historical rocks up to 149 g/t Au Faults, ring fractures, veining, sulphides and alteration ROCKFIRE MAPPING JUNE

18 Marengo HIGH GRADES AT SURFACE 69 rock samples collected - maximum assays were 59.4 g/t Au, 17.7 % Cu and 342 g/t Ag; ROCKFIRE SAMPLE Au Ag Cu Cu DESCRIPTION ppm ppm ppm % BMARS , BMARS , BMARS , BMARS BMARS BMARS BMARS BMARS BMARS BMARS BMARS , BMARS , BMARS ,140 BMARS BMARS , BMARS BMARS , BMARS057 < , BMARS , BMARS , BMARS , BMARS , BMARS , BMARS , BMARS , ROCK SAMPLING APRIL

19 Marengo ONE MILE MOUNTAIN GEOPHYSICS Possible copper porphyry with up to 1-2% sulphides GEOPHYSICS MAY 2018 Gradient Array chargeability high anomaly Possible epithermal vein gold system with silica alteration ROCKFIRE Gradient Array resistivity low anomaly 19

20 Marengo ONE MILE MOUNTAIN GEOPHYSICS Possible top of porphyry copper Dipole-Dipole survey May 2018 GEOPHYSICS MAY 2018 Resistivity Chargeability ROCKFIRE 20

21 Marengo HOMEWARD BOUND PROSPECT GEOPHYSICS MAY 2018 Gradient Array chargeability high anomaly Gradient Array resistivity low anomaly ROCKFIRE 21

22 Marengo GROUND MAGNETICS One Mile Mountain GEOPHYSICS AUGUST 2018 Homeward Bound Partially demagnetised alteration aureole ROCKFIRE 22

23 Copperhead Queensland, Australia 96.5 sq. km. Porphyry Copper 23

24 Copperhead A LARGE-SCALE PROJECT 1970 Cu vein discovered at Julivon in 1970 Auger drilling outlined a coherent +100ppm copperin-soil anomaly in excess of 3km x 2km Julivon Prospect 5 holes by Carpentaria Exploration in (weighted average 0.25% Cu + 2.1g/t Ag) +450ppm Cu +450ppm Cu Includes 2.81% Cu + 12g/t Ag potential for high-grade Listed in the USGS Global Mineral Resource Assessment ROCKFIRE 24

25 Copperhead A LARGE COPPER ANOMALY MODELLING AUGUST ppm Cu ROCKFIRE 25

26 Copperhead COPPER PLUNGING TO DEPTHS BEYOND 300m MODELLING AUGUST 2018 ** Target resource of 200Mt 300Mt grading between 0.2% and 0.3% Cu 300 ppm Cu ROCKFIRE ** This is an Exploration Target and the potential quantity and grade is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. 26

27 Copperhead OPPORTUNITY WITH INFRASTRUCTURE Large, quality water supply Australia s largest copper refinery Lake Proserpine 20km from Copperhead There is no certainty that Rockfire Resources will be permitted to utilise any of the infrastructure shown. Neither the owners of the water supply, nor the owners of the refinery have been approached by the company and no discussion has commenced with any authorities regarding the use of this infrastructure. Glencore s Copper Refinery 280km from Copperhead ROCKFIRE 27

28 Papua New Guinea New Britain (297.6 sq. km) Porphyry copper/gold 28

29 Papua New Guinea ELEPHANT TERRITORY ROCKFIRE 29

30 Tripela INTENSELY SHEARED AND ALTERED ROCKFIRE 30

31 Rockfire Resources what we have achieved! what can you expect? Lighthouse Lighthouse X Geophysics at Plateau (review old geophysics) RC drilling at Double Event RC drilling Plateau RC drilling Double Event Regional assessment Marengo Geophysics at One Mile Mountain Rock sampling Further regional assessment Marengo RC drilling Further geophysics (Dipole-dipole IP) Copperhead Geophysics (Gradient Array IP) X XRF survey One Mile Mtn (outcrop too sporadic) Completed Scheduled X Cancelled ROCKFIRE 31

32 (LON:ROCK) Salisbury House, London Wall London EC2M 5PS, England 32