Rokmaster Resources Corp. · TSXV:RKR
Rokmaster Resources — Investor Presentation (January 2021)
38 slides from Rokmaster Resources's investor presentation, Jan 26, 2021
Slide 1: Rokmaster Resources Corp. Corporate Presentation
ROKMASTER RESOURCES CORP. TSX.V: RKR OTCQB: RKMSF FSE: 1RR1 Expanding the > 9M Tonne Revel Ridge Project “One of the largest undeveloped precious & polymetallic deposits in B.C.” J Corporate Presentation - January 2021 www.rokmaster.com
Slide 2: Cautionary Statement
2 Cautionary Statement This presentation contains “forward-looking information” within the meaning of applicable Canadian securities regulations and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking i
Slide 3: Experienced Team
3 Experienced Team ▪ John Mirko President, CEO & Director: Mr. Mirko has 47 years’ experience in the mining industry and is currently the Founder & President of Canam Mining Corporation, President & CEO of Rokmaster Resources Corp. and the former President and founder of Canam Alpine Resources Ltd.
Slide 4: Experienced Team Cont.
4 Experienced Team Cont. ▪ Dennis Cojuco, CFO and Corporate Secretary: Mr. Cojuco is a graduate of the University of British Columbia (BSc. Chemistry and Diploma in Accounting) and is a Chartered Accountant in British Columbia. Mr. Cojuco articled and was a Senior Associate with PricewaterhouseCoope
Slide 5: Experienced Team Cont.
5 Experienced Team Cont. ▪ Harvey Tremblay, Drilling and Business Advisor: Mr. Tremblay is the founder and Chairman of Hy-Tech Drilling Ltd., based in Smithers, BC. In 1991 he founded Hy-Tech Drilling and built it up from a single drill operation to a fleet of 35 drills operating throughout Canada a
Slide 6: Share Structure and Contact Information
6 Share Structure and Contact Information Trading Symbols: Address: RKR (TSX.V) 1150-625 Howe Street RKMSF (OTCQB) Vancouver, B.C. V6C 2T6 1RR1 (Frankfurt) Canada Share Information: Contact: Issued and Outstanding 98,007,545 Stock Options 7,275,000 Email: info@rokmaster.com Share Purchase Warrants 4
Slide 7: Rokmaster 2020 Share Price & Events
7 Rokmaster 2020 Share Price & Events
Slide 8: Revel Ridge Project Location – Southwest British Columbia
8 Revel Ridge Project Location – Southwest British Columbia
Slide 9: Revel Ridge Property - 14,277 Ha
9 Revel Ridge Property - 14,277 Ha Significant replacement value in today’s dollars: • 12.5 km year-round road access road off Hwy. 23 N • >3 km of operating underground workings • 41,000 metres of historic diamond drilling in 315 holes • Mining equipment, underground & surface facilities • All diam
Slide 10: Merits Of The Project
10 Merits Of The Project Mineral Resource Estimate: Main (gold) Zone tonnes and grade include: RRMZ M&I: 4,200,000 MT / 1,089,000 ounces AuEq @ 8.07 g/t AuEq * RRMZ Inf: 4,562,000 MT / 961,000 ounces AuEq @ 6.55 g/t AuEq * (excludes Hanging Wall and Footwall Zone resources) RRYZ Ind: 764,000 MT @ 9.
Slide 11: Current Resource Estimate
11 Current On February 25, 2020, Rokmaster filed a Technical Report on SEDAR entitled “Updated Technical Report on the Revel Ridge Property (formerly J&L Property), Revelstoke Mining Division, British Resource Columbia, Canada” dated January 29, 2020, authored by Eugine Puritch, P.Eng, FEC, CET; Fre
Slide 12: Mineral Resource Estimate Notes
12 Mineral Resource Estimate Notes • Note: k = thousands, koz = thousand of ounces • Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral resources can be materially affected by environmental permitting, legal, title, taxation, socio-p
Slide 13: 100% Option – Cash Only
13 100% Option – Cash Only Option to Purchase Property + Huakan Company Shares ▪ 5-year Cash Only Option - to own 100% ✓ No share payments ✓ No Royalties or retained interest ✓ No minimum work commitments ✓ No back-in-clauses ✓ Tax loss carry forward of approximately C$35,900,000 ✓ Resource Tax Pool
Slide 14: Merits of the Deal
14 Merits of the Deal ▪ Replication value significantly much higher than the purchase price. ▪ Wide open expansion potential - option to acquire 100% of an “under the radar” multi-million ounce AuEq resource with tremendous blue sky targets based on 80% of undrilled mineralized zones along >8 km str
Slide 15: Geology and Mineralization
15 Geology and Mineralization • The RRMZ is a remarkably continuous, large, tabular, structurally controlled, orogenic gold system. Where drilled and exposed underground the zone averages 2.5 m in thickness over the historically diamond drilled and drifted 1,500 m X 800 m portion. Progressive deform
Slide 16: Project and Deposit Scale Geology
16 Project and Deposit Scale Geology
Slide 17: Isometric Projection of RRMZ Mineral Resource Domains
17 Isometric Projection of RRMZ Mineral Resource Domains – Looking W – 2012 Data Main Zone (RRMZ) Yellowjacket Zone (RRYZ) Hanging Wall Zone Footwall Zone
Slide 18: Targeting District Scale > 50 Au–Ag Occurrences
18 Targeting District Scale > 50 Au–Ag Occurrences ▪ More than 50 Au-Ag occurrences over 7 – 8 km ▪ Mineralization forming over 1200 m vertical ▪ Common structural and lithologic elements ✓ No. 2 Showing ✓ No. 2 Shaft ✓ 986 m Drift ✓ 830 m Drift ✓ North Zone ✓ Roseberry Zone ✓ A & E Zone ➢ Target hi
Slide 19: Low Exploration Risk – High Upscale
19 Low Exploration Risk – High Upscale • Relatively short DDH’s • Untested surface mineralized zones • Simple target model, planar deformation zone • “Low hanging fruit” existing mineralized DDH’s with no follow-up • Limited historic drilling, 315 DDHs: 41,075 m • Approximate 2.0 M AuEq oz “toehold”
Slide 20: DDH RR20-11 and DDH RR20-12
20 • Near continuous mineralized plane DDH RR20- • Down dip now may exceed 500 m below 830 m Level 11 and DDH • RR20-11 step out about 90 RR20-12 m down dip plane • RR20-12 step out additional 75 m down dip plain
Slide 21: DDH RR20-11 Intercepts
21 288.64 – 290.47 • 1.83 m @ 9.54 g/t Au, 75.66 g/t Ag, 3.81% Pb, 10.91% Zn (17.30 g/t AuEq) DDH RR20-11 288.64 – 292.56 • 3.92 m @ 5.28 g/t Au, 43.22 g/t Ag, 288.6 – 294.77 1.95% Pb, 6.96% Zn (9.97 g/t AuEq) metres 286.40 – 294.77 • 8.37 m @ 2.76 g/t Au, 23.35 g/t Ag, 0.95% Pb, 3.39% Zn (5.09 g/t
Slide 22: Drilling "Backwards" Testing RRMZ To North East
22 Drilling “Backwards” Testing RRMZ To North East • Collar azimuth of borehole parallel to dip-direction. • Use rock foliation to deflect rods down, effectively “wedging naturally”. • Boreholes bend or drop onto mineralized plane. • Access large volumes of untested down-dip rock with no UG developm
Slide 23: 2020 Diamond Drilling & 2012 Resource Boundaries
23 2020 Diamond Drilling & 2012 Resource Boundaries
Slide 24: RRMZ – 2020 Down Plane DDH'S
24 RRMZ – 2020 Down Plane DDH’S
Slide 25: Peer Group Market Cap Comparison – Pure Gold Mining
25 Peer Group Market Cap Comparison- Assigned in-Ground (in situ) Gold Value Per Oz, all categories. Pure Gold Mining – Market Cap ~$897 M Madsen Red Lake Project (Pure Gold Website data January, 2021): ▪ Indicated: 7.2 M tonnes @ 8.9 g/t Au - 2.06 M oz’s Au ▪ Inferred: 1.9 M Inf. tonnes @ 7.7 g/t –
Slide 26: Peer Group Market Cap Comparison – Ascot Resources
26 Peer Group Market Cap Comparison- Assigned in-Ground Gold Value Per Oz, all categories. Ascot Resources – Market Cap ~$398 M Premier Project (Ascot website data January, 2021): ▪ Indicated: 4.14 M tonnes @ 8.01 g/t Au, 35.1 g/t Ag, 1.1 M AuEq oz’s. ▪ Inferred: 5.06 M tonnes @ 5.06 g/t Au, 28.7 g/
Slide 27: Peer Group Market Cap Comparison – Skeena Resources
27 Peer Group Market Cap Comparison- Assigned in-Ground Gold Value Per Oz, all categories. Skeena Resources – Market Cap ~$738 M Eskay Creek Project (Skeena website data January, 2021): ▪ Open Pit Indicated: 12.65 M tonnes, 4.3 g/t Au, 110 g/t Ag; 2.34 M AuEq oz’s. ▪ OP Inferred: 14.42 mill tonnes,
Slide 28: Peer Group Market Cap Comparison – Rokmaster
28 Peer Group Market Cap Comparison, Assigned in-Ground Gold Value Per Oz, all categories. Rokmaster Resources Corp. – Market Cap ~$49M Revel Ridge Project (RKR Website, January 2020): ▪ Measured and Indicated: 4.2 M tonnes, 5.59 g/t Au, 53.4 g/t Ag, 1.87% Pb, 3.43% Zn - 1.09 M AuEq oz’s. ▪ Inferred
Slide 29: Metallurgy
29 Metallurgy ▪ Flotation – Summary of Main Zone Variability Locked Cycle Tests – 2014 Mill Feed – HMS Sinks Primary Grind 30µm Regrind K80 10-15µm K80 Lead Flotation Lead Concentrate Zinc Flotation Zinc Concentrate Bulk Sulphide Sulphide Gold Flotation Concentrate Tailings ▪ Yellowjacket LCT averag
Slide 30: Metallurgy – Gravity
30 Metallurgy ▪ Gravity Gravity Gold Recovery Relationship 160 14 140 12 120 10 100 Grade (g/t Au) Mass Pull (%) 8 80 6 60 4 40 20 2 0 0 0 10 20 30 40 50 60 Recovery (% Au) Grade vs Recovery MP vs Recovery
Slide 31: Metallurgy Mineralogy – Arsenopyrite
31 Metallurgy Mineralogy – Arsenopyrite Gold Concentrate: Arsenic vs Gold Grade ▪ Recent D-SIM work at the University of Western 40 Ontario concludes: 35 ▪ The sub-microscopic gold detected is refractory gold. 30 ▪ 25 Gold (g/t) The gold is locked within the crystalline structure of the mineral phas
Slide 32: Process - Simplified Process Flow Sheet
32 Process - Simplified Process Flow Sheet Run Of Mine ~1650tpd ~2300tpd Rec.% Current PEA/Proposed Au – 99.5 Ag – 98.3 Pb – 99.0 Gravity Circuit Lead Flotation Zinc Flotation Sulphide Float Zn – 98.0 Ore Tails Bin Regrind Gold Concentrate 10-15µm K80 Mass Pull – 59% = ~974tpd Rec.% Grade DMS/Sorter
Slide 33: On-Site Process Plant (Total RR Footprint - Small)
33 On-Site Process Plant (Total RR Footprint - Small) [each square below is 100 metres]
Slide 34: Process – Pressure Oxidation
34 Process – Pressure Oxidation https://www.youtube.com/watch?v=BA7QhVi20Yw Outotec Pressure Oxidation Package Plant POX Plant rendition Source & Permission: Metso:Outotec Group
Slide 35: POX Process Pressure Oxidation – What Is It?
35 POX Process Pressure Oxidation – What Is It? ▪ The pressure oxidation process is used to prepare arsenopyrite gold ores for conventional gold extraction processes like cyanidation. It is performed in an autoclave at high pressure (50-100psi) and temperature 190-230oC), where high-purity oxygen mi
Slide 36: POX Process, cont.
36 POX Process, cont. Pressure Oxidation ▪ Not new technology – Outotec has been building autoclaves since 1965. ▪ Commercial breakthrough of the technology in mid-1980’s. ▪ POX project over-runs in Russia due to last minute changes in pressure and temperatures causing a step up in equipment selecti
Slide 37: 2021 Proposed Work Plan and Budget
37 2021 Proposed Work Plan and Budget 2nd Option Payment: • $1,000,000 >16,000 m surface and underground diamond drilling: • $5,000,000 Mine Permitting, Variability Sampling & Metallurgy: • $1,500,000 Mine & mill engineering: • $1,000,000 Contingency: • $500,000 Total year two: CDN$9 Million Revelst
Slide 38: Summary & Conclusions
38 Summary & Conclusions ▪ Executed on the opportunity to option 100% of an “under the radar” approximate two million ounce AuEq deposit with very significant exploration upside, proximal to known resource, target potential of 2-5 million additional AuEq ounces. ▪ Potential for ~5 g/t Au grades + su
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