IRON BUTTE GOLD PROJECT Nevada Gold Development & Exploration May 2017 TSX.V: REL
Forward-Looking Statements Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company s control, and that future events and results may vary substantially and materially from what the Company currently foresees. This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Roughrider Exploration Limited, nor shall it or any part of it form the basis of or be relied on in connection with or act as any inducement to enter into any contract or commitment whatsoever. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this presentation or on any other document or oral statement or on the completeness, accuracy or fairness of any such information and/or opinions. No undertaking, representation, warranty or other assurance express or implied is made or given by or on behalf of Roughrider Exploration Limited or any of its directors, employees or advisors, as to the accuracy or completeness of the information or opinions contained in this presentation and, save in the case of fraud, no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements, negligence or otherwise contained or referred to in this presentation. The contents of this presentation have not been approved by an authorized person. Historic Resources Qualifying Statement A Qualified Person has not completed sufficient work to verify these resource estimates. A Qualified Person has not done sufficient work to classify the resource estimates as current mineral resources and the issuer is not treating the resource estimates as current mineral resources. These estimates are unclassified and do not use the categories set out in Sections 1.2 and 1.3 of NI 43-101 as defined by the Canadian Institute of Mining, Metallurgy and Petroleum ( CIM ). These resource estimates are only relevant to obtain a reference to gold and silver mineralization potential present on the property. Additional drilling would need to be completed in order to upgrade and verify mineral resource estimates. 2
Investment Highlights Gold in Nevada Historical Resources Iron Butte Gold-Silver Project Located south of Battle Mountain Trend Excellent infrastructure Two historical resource estimates Oxide gold and silver mineralization Open-pit, heap-leach potential Exploration Upside Multiple target zones along 3km strike Untested anomalous gold/mercury Infill for inadequately tested areas Other Projects Uranium option in Athabasca Zinc option in Sturgeon Lake belt, Ontario 3
Iron Butte Overview Roughrider Exploration has the opportunity to acquire a 100% interest in the Iron Butte oxide gold-silver project in Nevada Historical unclassified resource estimate reported 13.3 million tonnes @ 0.664 g/t (313,899 ounces Au) within the oxide horizon as defined by 221 RC drill holes Extensive upside potential in multiple zones along >3km strike, at depth, within untested zones of anomalous gold +/- mercury rock samples, and around mineralized drill hole intercepts Roughrider believes there is an excellent opportunity to determine the economic viability of the current oxide gold-silver mineralization identified to date 4
Iron Butte Location Iron Butte project is located in Lander County, north-central Nevada, approx. 60km south of Battle Mountain Project consists of 24 unpatented lode claims, 720 hectares 100% owned by the vendor Excellent access and infrastructure with power lines and State maintained roads within 4km of the property 5 Exploration can be conducted all year
Iron Butte Geology Mineralization at the Red Ridge zone is outcropping at surface Three satellite zones (North Zone, South Zone, East Zone) have all intersected similar styles of mineralization Au Ag mineralization is believed to be controlled by N S, NNE and E W structures Mineralization is also disseminated between veins, silicified structures and brecciated zones, and can occur proximal to contact zones Mineralization is thought to be epithermal in nature with some similarities to sediment hosted Carlin type gold systems 6
Iron Butte Red Ridge 7
Alpaca (Cleath) 2010. Iron Butte Oxide Zone Cross section shows oxide/sulphide boundary Shallow, potential for open pit A A 8
Iron Butte Historical Estimates Aurelio 2009 Historical Resource Estimate Calculated using ID 2 Block size: 20x20x20 ft Search radius: 200 ft Tonnage factor: 12 ft 3 /ton Rick Cleath 2010 Historical Resource Estimate Calculated using sectional ore boundary interpretations across 19 sections Section width: 280 ft Search ellipse: 200 ft x 60 ft Tonnage factor: 13 ft 3 /ton 9
Iron Butte Exploration Upside Over 3 km of additional strike length of mapped N S, NNE and E W structures Over 1.5 km of contact zone between the Tertiary volcanics and basement sedimentary rocks Untested anomalous mercury rock samples in the southeastern part of the property Higher grade Au Ag mineralized veins along strike have not been targeted by historic drilling East Zone Au Ag mineralization remains open in all directions Oxide mineralization to be targeted at North Zone where numerous Au Ag intercepts in sulphide have been returned 10
Iron Butte Exploration West-dipping epithermal vein in North Zone 11
Iron Butte Exploration North Zone Breccia vein stock work hosted in siltstone 12
Iron Butte Exploration South Zone outcrop with sheeted vuggy quartz veins 13
Iron Butte Terms Roughrider Exploration has the option to earn a 100% interest in the Iron Butte project through the following deal terms: 100% REL ownership Additional Terms: 2.5% NSR (option to buy down first 1% for $1M, and additional 0.5% for $1M) $500,000 payable for every 1 million ounces of gold produced $500,000 payable for every 10 million ounces of silver produced 14
Iron Butte Exploration Plan Mobilize field crews to expand the size of the Iron Butte land package SPRING Continue compiling historical data Generate a new robust geological model SUMMER Plan drill program to confirm historical results, to collect samples for metallurgical studies, and to test exploration targets 2018 Conduct infill and exploration drill program Engage consultant in PEA data collection and related studies, including NI 43-101 compliant resource estimate 15
URANIUM EXPLORATION: Genesis Project - Athabasca Large underexplored land package: 131,412 hectares. Option to earn 85% from Kivalliq Energy Corp. Active U Mine 50 km. ATHABASCA SEDIMENTARY BASIN REL GENESIS PROPERTY Other(KIV) Total Field Magnetics (TFMag). Access Priority targets within 60 kilometres of: Eagle Point uranium mill / McLean Lake uranium mill All season provincial highway Infrastructure: airport, fuel, construction supplies, shipping, accommodation 16
ZINC EXPLORATION: Sabin Project NW Ontario 370 km from Thunder Bay, Ontario on paved highway 10 km from the CNR transcontinental main rail line 17 Option to Earn a 100% interest from Commander Resources Ltd.
Share Structure Investor Information Shares Issued Options Warrants Fully Diluted 36.57 M 2.40 M 10.92M 49.89 M Newsletter Coverage Hard Rock Analyst, Eric Coffin Casey Research Alert, Marin Katusa CEO.ca, Tommy Humphries Gold Newsletter, Brien Lundin Money Talks, Peter Grandich 18
Roughrider Recap Gold in Nevada Historical Resources Iron Butte Gold-Silver Project Located south of Battle Mountain Trend Excellent infrastructure Two historical resource estimates Oxide gold and silver mineralization Open-pit, heap-leach potential Exploration Upside Multiple target zones along 3km strike Untested anomalous gold/mercury Infill for inadequately tested areas Other Projects Uranium option in Athabasca Zinc option in Sturgeon Lake belt, Ontario 19
Management and Advisors Scott Gibson, B. Comm., CEO, Director 16 years experience as founder of multiple, successful, resource sector finance and marketing companies including Kitco Gibson Capital. Dave Tupper, P. Geo., VP Exploration Over 30 years mineral exploration experience; 13 years management with Bearing Resources, Valley High Ventures and Solomon Resources. Jasmine Lau, Chartered Accountant, CFO 20
Directors Alex Heath, B. Comm. (Hons.) Former investment banker with over 10 years experience in corporate finance. He has worked on numerous public and private equity offerings, fairness opinions, and M&A transactions in the mining sector Dale Wallster, Chairman Co-discovered Hathor's Roughrider deposit that was taken over by Rio Tinto as part of a $650 million acquisition in 2012. Wayne Hewgill, P. Geo Former mining analyst at PI Financial and Research Capital with 31 years of experience. Previously at BHP Billiton, Regulus, and Antares. Jay Sujir, LLB Prominent Vancouver Securities Lawyer at Farris. 21
REL : TSX-V Scott Gibson, CEO, Director Tel: 604.697.0028 scott@roughriderexploration.com www.roughriderexploration.com #420 625 Howe Street, Vancouver, BC 22