Red Rock Resources Plc · LSE:RRR

Red Rock Resources — Investor Presentation (July 2011)

21 slides from Red Rock Resources's investor presentation, July 2011

  1. Slide 1: July 2011

    July 2011

  2. Slide 2: Disclaimer

    Disclaimer These presenta,on slides (the “Slides”) do not cons,tute an offer to the public or an offer for sale or solicita,on to purchase or subscribe for any securi,es of the Company and they should not be relied on in connec,on with a decision to purchase or subscribe for any such securi,es. The Sl

  3. Slide 3: Corporate Profile

    Corporate Profile § AIM Listed Company (AIM:RRR) § Share Price: 7 pence § Market Cap: £50.7m § Listed Investments: c£30m § Shares In Issue: 723,983,283 § Proven Explorers, Expanding Producers § Gold Explora,on Project in Kenya § Gold Opera,ons in Colombia § Iron Ore Explora,on – Australia, G

  4. Slide 4: Management – Structure

    Management – Structure Senior Management Finance Geology Engineering AdministraKve [13 Geologists] Services Personnel [13 Geologists] [3 Engineers] [13 Geologists] MarkeKng Data Mgr GIS Mgr Health & Safety Support Services LogisKcs 4

  5. Slide 5: Management – Executive Directors

    Management – ExecuKve Directors • Andrew Bell, MA, LLB, FGS, Chairman -­‐ began his career as a natural resources analyst at Morgan Grenfell & Co. in the 1970s. His business experience encompasses investment, fund management, research and advisory, corporate finance and structuring, and private equit

  6. Slide 6: Gold: Kenya & Colombia

    GOLD: KENYA & COLOMBIA 6

  7. Slide 7: Kenya: Project Overview

    Kenya: Project Overview § The two Migori licences cover 310km2 in SW Kenya near Lake Victoria § RRR owns 15% of local opera,ng company with farm in to raise to 60%. § 63 km of Archaean Greenstone Belt, extension of prolific Tanzania Greenstone Belt. § NI 43-­‐101 Indicated Resource of 1.2m oz §

  8. Slide 8: Migori: Exploration Objectives

    Migori: ExploraKon ObjecKves § Expand 1.2m oz Resource base § 15,000m drill programme underway to validate exis,ng resource § Follow up high grade intersec,ons § Drill Macalder and Barnabas VMS Cu/Au targets. § Upgrade KKM Resource model with view to early produc,on. § Plan for gold produc,on

  9. Slide 9: Colombia: Project Overview

    Colombia: Project Overview § Investment in two Colombian gold Frontino Gold Belt mines in An,oquia south of Zaragoza – pre-­‐eminent historic mining area. § Located on Fron,no Gold Belt, an important mesothermal gold system with significant history of gold produc,on. § Investment to refurbish 150/

  10. Slide 10: Colombia: Production

    Colombia: ProducKon § Refurbishment of El Limon in final stages. § Con,nuous produc,on started in April 2011 (delayed) and in June was at 50t/d producing 8.5kilo. § Objec,ves to increase produc,on techniques over second half of 2011 to 130t/d at grades of 10g/t+. § Machuca mine produc,on expected

  11. Slide 11: Iron Ore: Greenland & Australia

    IRON ORE: GREENLAND & AUSTRALIA 11

  12. Slide 12: Greenland: Project Overview

    Greenland: Project Overview § 1,013km2 NAMA Greenland licence § March to June 2011, desktop study/field planning § Remote sensing study using ASTER imagery § June/July 2011, regional airborne geophysics § 13,170 km magne,c and radiometric surveys to be flown beginning July 2011 § June to Septemb

  13. Slide 13: Melville Bugt

    > an Melville Bugt 20 kilometres Pokey

  14. Slide 14: Jupiter Mines

    Jupiter Mines Jupiter Mines Ltd § Joint venture between RRR and Brian Gilbertson’s Pallinghurst Resources Ltd acquired ASX Listed Jupiter Mines (ASX:JMS) – RRR injected its WA iron and manganese assets § ‘Steel feed’ plaworm: § 530 ton JORC Resource of high quality magne,te at Mt Ida, Wa § Open

  15. Slide 15: Investment Summary

    INVESTMENT SUMMARY 15

  16. Slide 16: Investment Holdings

    Investment Holdings Ascot Mining plc § Two opera,ng gold mines in Costa Rica; two or three poten,al mines § Plan to move lis,ng from PLUS to AIM in 2011 § RRR holds loan stock conver,ble to 7.5m shares, 1.54m shares, and 9.5m op,ons § Market value of holdings (net) £5.42m Resource Star Ltd § AS

  17. Slide 17: Summary

    SUMMARY 17

  18. Slide 18: Key Points

    Key Points Historic Achievers: § Proven to add Value: Jupiter transac,ons, Ascot transac,on § Proven Explorers: 1.2m oz Indicated Gold Resource in Kenya More ExploraKon, More Value: § Produc,on: Con,nue turn around of old mine by increasing produc,on in Colombia; bring tailings in Kenya into prod

  19. Slide 19: Case Studies

    CASE STUDIES 19

  20. Slide 20: Case Studies 1

    Case Studies 1 Jupiter Mines Ltd § Sale by RRR of Australian Fe assets for shares, cash and royalty 2007 § Management changes at JMS; buy shares to become largest shareholder § Form JV with Pallinghurst with other Fe/Mn assets; approach JMS § Take control with Pallinghurst; inject Fe/Mn assets,

  21. Slide 21: Case Studies 2

    Case studies 2 Mineras Four Points SA § Lent $2m to Colombian gold mine owner to finish recommissioning mine, 2010 § Strong security (downside protected) § Fee and profit share agreements, op,on on 51% (upside open) § Produc,on begins El Limon § Exercise 51% op,on March and take control; renego,a

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