Slide 1: Exploring for gold and copper in Australia
A PRECIOUS AND BASE METAL EXPLORATION COMPANY Exploring for gold and copper in Australia Corporate Presentation May 2020 1 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: Queensland, Australia
QUEENSLAND, AUSTRALIA ✓ 100%-owned assets ✓ Mining-friendly ✓ Significant exploration upside ROCKFIRE 3
Slide 4: Board & Management – Experience is Key
BOARD & MANAGEMENT – EXPERIENCE IS KEY • Gordon Hart - Chairman (GAICD) • David Price – Managing Director / CEO Equities, Finance, Governance (B.Sc., FAusIMM) (+35 years experience) Geologist, Executive (+30 years experience) • Ian Staunton – Non-Executive • Nicholas Walley – Non-Executive Audit, Co
Slide 5: Rockfire – Poised for Growth
ROCKFIRE – POISED FOR GROWTH ✓Targeting major discoveries of precious and base metals ✓Exploring amongst multi-million-ounce gold deposits ✓Growth ambition for a + £100m market cap company ✓Significant exploration upside to each project ✓Currently an early-entry market cap opportunity ✓A quality por
Slide 6: High Quality Asset Portfolio
HIGH QUALITY ASSET PORTFOLIO GOLD PROJECTS COPPER PROJECTS LIGHTHOUSE TENEMENT COPPERHEAD TENEMENT • Plateau • Double Event COPPER DOME TENEMENT • Cardigan Dam • Split Rock KOOKABURRA TENEMENT BASE METAL PROJECTS MARENGO TENEMENT LIGHTHOUSE TENEMENT MONARCH TENEMENT • Rollston River (Zinc, Lead, Sil
Slide 7: Corporate Snap-shot
CORPORATE SNAP-SHOT Directors and Management hold 14.23 % of ROCK AIM Code: ROCK Ordinary Shares (million) 632,938,535 Market Cap (0.8p) £5.1M Number of shareholders 157 Percentage of shares not in public hands 14.23% Shareholder Shares (M) % Nicholas Walley * 51,715,800 8.17 Michael Somerset-Leeke
Slide 8: Lighthouse Tenement – Maiden JORC Inferred Resource
Owned 100% by Rockfire LIGHTHOUSE TENEMENT Maiden JORC Inferred Resource (July 2019) 1.35mt @ 1.18g/t Au = 51,000 ounces of gold 8 8
Slide 9: Lighthouse – Outstanding Geological Setting
LIGHTHOUSE – OUTSTANDING GEOLOGICAL SETTING ✓Located in the Charters Towers Region, which has a metal endowment of + 20M ozs gold ✓193 square kilometre licence area ✓High-grade, near-surface gold ✓Low-medium grade gold extending to depth over intervals of +150m ✓Similarities to the Mt Wright Gold Mi
Slide 10: Plateau – Another Mt Wright?
PLATEAU – ANOTHER MT WRIGHT? ✓47 km away Limit of ✓+1.5 M oz gold mined Drilling at Plateau 230 m ✓ Similar dimensions open ✓ Similar grades in upper levels ✓ Similar geology ✓ Similar mineral zoning open ✓ Processing plant with excess capacity 1000 m Mt Wright Gold Mine Plateau Gold Deposit ROCKFIR
Slide 11: Nearby Gold Processing Plants
NEARBY GOLD PROCESSING PLANTS Active processing plant Regional production +20 M oz gold Active Active processing processing plant plant Rockfire has no guarantee that use of processing facilities owned and operated by other companies will be made available for its use. ROCKFIRE 11
Slide 12: Plateau – First Major Hit
PLATEAU – FIRST MAJOR HIT RC DRILLING NOVEMBER 2019 • 12 m @ 2.5 g/t Au from 61m • 16 m @ 1.7 g/t Au from 27m • 10 m @ 2.0 g/t Au from 65m • 30 m @ 1.2 g/t Au from 39m • 18 m @ 1.3 g/t Au from 14m • 22 m @ 1.0 g/t Au from 22m • 177 m @ 0.5 g/t Au from surface ROCKFIRE 12
Slide 13: Plateau – More Major Hits
PLATEAU – MORE MAJOR HITS RC DRILLING JANUARY 2020 • 154 m @ 0.2 g/t Au from 97m • 171 m @ 0.4 g/t Au from 26m • 170 m @ 0.4 g/t Au from 37m ROCKFIRE 13
Slide 14: Plateau – Expanding Footprint
PLATEAU – EXPANDING FOOTPRINT ROCKFIRE 14
Slide 15: Plateau – Open at Depth
PLATEAU – OPEN AT DEPTH ✓ 5 deepest holes ended in gold mineralisation ✓ 300 m long ✓ 70-80 m thick ✓ Open at depth ✓ + Silver/zinc credits ✓ Gold is present exclusively as native gold particles in pyrite ✓ Strong sericite-pyrite- marcasite alteration ROCKFIRE 15
Slide 16: Copperhead Tenement
Owned 100% by Rockfire COPPERHEAD TENEMENT Porphyry copper Listed in the USGS ‘Global Mineral Resource Assessment’ 16 16
Slide 17: Copperhead – A Sleeping Giant?
COPPERHEAD – A SLEEPING GIANT? ✓Located in the East Tasmanide Porphyry Tract, hosting most of the known porphyry copper deposits on the east coast of Queensland ✓96.5 square kilometre licence area ✓Copper has been encountered in every drill sample taken from 5 drill holes to a maximum depth of 300m
Slide 18: Copperhead – Large-Scale Surface Anomalies
COPPERHEAD – LARGE-SCALE SURFACE ANOMALIES 6 km long stream sediment anomaly + 3 km long surface soil anomaly (red colour = + 200 ppm Cu) (brown colour = + 450 ppm Cu) ROCKFIRE 18
Slide 19: Copperhead – Every Drill Sample Hit Copper
COPPERHEAD – EVERY DRILL SAMPLE HIT COPPER • 5 holes drilled by Carpentaria in 1972 • Core only sporadically sampled • Highest values in core include 2.81% Cu and Cu ppm 12 g/t Ag • Average grade from drilling is 0.35% Cu Eq. ROCKFIRE 19
Slide 20: Copper Dome Tenement
Owned 100% by Rockfire COPPER DOME TENEMENT Porphyry copper Listed in the USGS ‘Global Mineral Resource Assessment’ 20 20
Slide 21: Copper Dome – Another Large-Scale Project
COPPER DOME – ANOTHER LARGE-SCALE PROJECT ✓ 50 km from Copperhead and 80 km from Mt Carlton Au-Ag-Cu mine (+1.5 Moz Au, + 33 Moz Ag, +55 Kt Cu) ✓ Crops-out at surface (best grade 3.2 g/t Au, 952 g/t Ag & 23.4 % Cu) ✓ Surface copper anomaly over 2 km long and 1km wide ✓ Within 200km of Australia’s la
Slide 22: Copper Dome – Under-Explored, High-Potential
COPPER DOME – UNDER-EXPLORED, HIGH-POTENTIAL Cu in stream sediments ROCKFIRE 22
Slide 23: Rockfire – Investment Summary
ROCKFIRE – INVESTMENT SUMMARY ✓Targeting major discoveries of precious and base metals ✓51,000 ounces of gold in JORC resource ✓Multiple drill holes with continuous gold over very long intervals ✓Exploring amongst multi-million-ounce gold deposits ✓Two large-scale, underexplored copper projects ✓Sig
Slide 24: Contact
CONTACT www.rockfireresources.com www.yellowjerseypr.com info@rockfireresources.com rockfire@yellowjerseypr.com Salisbury House, London Wall Top Floor, 70-71 Wells Street, London, London EC2M 5PS, United Kingdom W1T 3QE, United Kingdom 24 24