Rockfire Resources Plc · LSE:ROCK
Rockfire Resources — Investor Presentation (November 2018)
33 slides from Rockfire Resources's investor presentation, Nov 27, 2018
Slide 1: Exploring for gold and copper in Australia
(LON:ROCK) Exploring for gold and copper in Australia 1
Slide 2: Disclaimer
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
Slide 3: Rockfire Resources – exploring amongst giants
Rockfire Resources – exploring amongst giants ✓A strategy of aggressive and determined exploration ✓Exploring amongst multi-million-ounce deposits in Australia ✓Focussed on large-scale projects, including porphyry copper deposits ✓An experienced and successful board of directors ✓Aiming to build a g
Slide 4: Rockfire Resources – historical copper price (30 years)
Rockfire Resources – historical copper price (30 years) ROCKFIRE
Slide 5: Rockfire Resources – discovery trend favours juniors
Rockfire Resources – discovery trend favours juniors Junior explorers are responsible for over 70% of all new mineral discoveries. ROCKFIRE 5
Slide 6: Rockfire Resources – company profile
Rockfire Resources – company profile AIM Code: ROCK Ordinary Shares (million) 373,342,293 Market Cap (£0.0115) £4.30M Shareholder Shares (M) % Michael Somerset-Leeke 51,151,102 13.70 Nicholas Walley 41,179,655 11.03 Value Generation/P.& M. Johnson 29,850,977 8.00 Salida Capital (Europe) Limited 14,8
Slide 7: Rockfire Resources – board of directors and management
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 y
Slide 8: Australia
Australia • ‘Lighthouse’ Breccia-hosted Au/Cu +/- Ag • ‘Marengo’ Epithermal Au/Cu, IRGS • ‘Copperhead’ Porphyry Cu • ‘Copper Dome’ Porphyry Cu ROCKFIRE 8
Slide 9: Lighthouse
Lighthouse Queensland, Australia 636 sq. km. Multiple breccia, epithermal and vein-hosted mineralising systems 9
Slide 10: Lighthouse strategic land accumulation: ROCK owns 100% of all tenements
Lighthouse STRATEGIC LAND ACCUMULATION ROCK owns 100% of all tenements ROCKFIRE 10
Slide 11: Lighthouse strategic land accumulation: processing plant on C&M
Lighthouse STRATEGIC LAND ACCUMULATION Processing Plant on C&M Regional production +20moz Au Double Event Plateau Active processing plant ROCKFIRE 11
Slide 12: PLATEAU PROSPECT - Open pit mine potential
PLATEAU PROSPECT - Open pit mine potential Historical drilling: December 2017 drilling: • 44m @ 2.4 g/t Au • 22m @ 1.9 g/t Au + 22.3 g/t Ag • 10m @ 5.0 g/t Au (39m downhole) • 8m @ 3.0 g/t Au • 14m @ 2.4 g/t Au • 20m @ 0.5 g/t Au + 2.5 g/t Ag • 3m @ 4.9 g/t Au (16m downhole) • 10m @ 1.9 g/t Au + 9.0
Slide 13: PLATEAU PROSPECT – open at depth
PLATEAU PROSPECT – open at depth ROCKFIRE RESOURCES PLC Rockfire drill hole ROCKFIRE 13
Slide 14: DOUBLE EVENT PROSPECT – 4.5 kilometres long
DOUBLE EVENT PROSPECT – 4.5 kilometres long Rockfire Resources plc Lighthouse Project, Double Event Prospect • Gold assays include; 37.7 g/t, 33.3 g/t, Rock sam pling February 2018 Sam ple Au Ag Pb Pb 33.1 g/t, 25.9 g/t, 24.3 g/t, 23.5 g/t Num ber ppm ppm ppm % BDERS001 19.15 52.70 13,750 1.38 • Sil
Slide 15: DOUBLE EVENT PROSPECT – Eastern section
DOUBLE EVENT PROSPECT – Eastern section Battle Mountain drill results 1987 June 2018 drilling: • 2m @ 13.2 g/t Au • 4m @ 4.65 g/t Au • 3m @ 2.1 g/t Au and 4 g/t Ag (from 23m) • 1m @ 3.93 g/t Au • 4m @ 1.2 g/t Au and 4 g/t Ag (from 24m) • 4m @ 2.87g/t Au • 1m @ 6.0 g/t Au and 30 g/t Ag (from 25m) • 1
Slide 16: DOUBLE EVENT PROSPECT – Western section
DOUBLE EVENT PROSPECT – Western section RC DRILLING NOVEMBER 2018 ROCKFIRE 16
Slide 17: DOUBLE EVENT PROSPECT
DOUBLE EVENT PROSPECT 4.5 kilometres Red lines show the limit of ROCK drilling Yellow lines show the extension potential ROCKFIRE 17
Slide 18: Marengo
Marengo Queensland, Australia 180 sq. km. Epithermal and Intrusion- related gold system (IRGS) 18
Slide 19: Marengo A large, historical goldfield
Marengo A large, historical goldfield Numerous untested targets ROCKFIRE 19
Slide 20: Marengo LARGE INTRUSIONS
Marengo LARGE INTRUSIONS • Historical rocks up to 149 g/t Au • Faults, ring fractures, veining, sulphides and alteration MAPPING JUNE 2018 ROCKFIRE 20
Slide 21: Marengo HIGH GRADES AT SURFACE
SAMPLE Au Ag Cu Cu Marengo HIGH GRADES AT SURFACE DESCRIPTION ppm ppm ppm % BMARS010 3.32 2.1 1,845 0.2 BMARS012 2.92 13.6 1,770 0.2 BMARS013 1.14 2.7 2,060 0.2 BMARS016 2.40 16.7 24 BMARS017 4.11 2.4 456 BMARS019 21.80 21.1 162 BMARS025 2.27 25.9 60 BMARS028 59.40 297.0 110 BMARS029 15.60 165.0 9 B
Slide 22: Marengo HOMEWARD BOUND PROSPECT
Marengo HOMEWARD BOUND PROSPECT GEOPHYSICS MAY 2018 Gradient Array chargeability high anomaly Gradient Array resistivity low anomaly ROCKFIRE 22
Slide 23: Copperhead
Copperhead Queensland, Australia 96.5 sq. km. Porphyry Copper 23
Slide 24: Copperhead A LARGE-SCALE PROJECT
Copperhead A LARGE-SCALE PROJECT • 1970 Cu vein discovered at Julivon in 1970 Julivon Prospect • Auger drilling outlined a coherent +100ppm copper- in-soil anomaly in excess of 3km x 2km +450ppm Cu • 5 holes by Carpentaria Exploration in 1972. (weighted average +450ppm Cu 0.25% Cu + 2.1g/t Ag) • Inc
Slide 25: Copperhead A LARGE COPPER ANOMALY
Copperhead A LARGE COPPER ANOMALY MODELLING AUGUST 2018 300 ppm Cu ROCKFIRE 25
Slide 26: Copperhead COPPER PLUNGING TO DEPTHS BEYOND 300m
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 ** This is an Exploration Target and the potential quantity and grade is conceptual in nature. There has been insufficient exploration to estimate a
Slide 27: Copper Dome
Copper Dome Queensland, Australia 71.7 sq. km. Porphyry Copper 27
Slide 28: Copper Dome A SECOND COPPER OPPORTUNITY
Copper Dome A SECOND COPPER OPPORTUNITY • Large-scale mineralised system, only 50km from Copperhead • Surface expression over 2km long and 1km wide; • Previous diamond drilling has intersected; o 15.24m @ 0.88 % Cu (including 4.58m @ 2.28 % Cu) from 161m downhole depth o 12.20m @ 0.61 % Cu (includin
Slide 29: Copper Dome UNDER-EXPLORED, HIGH-POTENTIAL
Copper Dome UNDER-EXPLORED, HIGH-POTENTIAL ROCKFIRE Listed in the USGS ‘Global Mineral Resource Assessment’ 29
Slide 30: Copper Dome MULTIPLE MINERALISATION STYLES
Copper Dome MULTIPLE MINERALISATION STYLES ROCKFIRE 30
Slide 31: Copperhead OPPORTUNITY WITH INFRASTRUCTURE
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 Glencore’s Copper Refinery infrastructure shown. Neither the owner
Slide 32: Rockfire Resources what can you expect?
Rockfire Resources what can you expect? Lighthouse what we have achieved! • Structural mapping at Double Event Lighthouse • X-Ray Florescence survey at Double Event ✓ RC drilling at Double Event • Regional mapping and sampling ✓ Further regional assessment Marengo Marengo • Soil sampling at Homeward
Slide 33: www.rockfireresources.com
(LON:ROCK) www.rockfireresources.com Salisbury House, London Wall London EC2M 5PS, England 33
Rockfire Resources — Investor Presentation (November 2018) on 6ix