Red Rock Resources plc · LSE:RRR
Red Rock Resources — Investor Presentation (November 2011)
33 slides from Red Rock Resources's investor presentation, November 2011
Slide 1: November 2011
Y REDROCK ° ao. Oe aa ; a Baye: pe aes 7 7 as i ’ aan ee November 2011
Slide 2: Disclaimer
Disclaimer These presentation slides (the “Slides”) do not constitute an offer to the public or an offer for sale or solicitation to purchase or subscribe for any securities of the Company and they should not be relied on in connection with a decision to purchase or subscribe for any such securities
Slide 3: Corporate Profile
Corporate Profile Red Rock Resources Plc is a mineral exploration company focused on the discovery and development of gold, iron ore and other minerals. AIM Listed Company (AIM:RRR) Share Price: 5.3 pence Market Cap: £38.01m Listed Investments: c£22m Shares In Issue: 723,983,283 Proven E
Slide 4: Management – Structure
Management – Structure Senior Management Finance Geology Engineering Administrative Marketing Services [13 Geologists] [3 Engineers] Personnel Data Mgr GIS Mgr Health & Safety Support Services Logistics 4
Slide 5: Management – Executive Directors
Management – Executive 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
Slide 6: Gold: Kenya
GOLD: KENYA 6
Slide 7: Migori Project Overview
Migori Project Overview • Two Special Prospecting Licences • Covering 310 sq km in southwest Kenya, near Lake Victoria • Extend 63 km of Archaean Greenstone Belt, extension of prolific Tanzania Greenstone Belt • Nearby Barrick and Anglo Gold in Tanzania both contain significant discoveries (North Ma
Slide 8: Objectives
Objectives • Validate & expand historic 1.2m oz Resource base • Fully understand geological controls of mineralisation • Follow up high grade intersections • Upgrade KKM Resource model • With view to early production • Investigate VMS potential • Extensions to known mineralisation at historic Macald
Slide 9: Geology
Geology Defined Resource Areas Macalder Tailings Deposit Nyanza KKM MK Gori Maria Simplified Geological Map 9
Slide 10: Location
QO Lu ao Location
Slide 11: Red Rock Drilling
Red Rock Drilling Red Rock Drilling 2009 – 2011 15,000 metre infill DD/RC drilling programme across SPL122 resource prospects 8,000 metre exploratory air core drilling 1,500 metre scout drilling & 450 metres Tailings resource drilling 11
Slide 12: Gold: Colombia
GOLD: COLOMBIA 12
Slide 13: Colombia: Project Overview
Colombia: Project Overview Investment made in July 2010 in two Colombian gold mines in the Department of Antioquia – a Frontino Gold Belt pre-eminent historic mining area located on the Frontino Gold Belt. Investment funds used to refurbish 150/day processing plant and up grade infrastructure in
Slide 14: Colombia: Production
Colombia: Production Continuous production started in April 2011 and cash flow positive as of August 2011 September production 530 oz Au On going mine infrastructure upgrades at the mine completed end of 2011 Machuca mine production expected to contribute in 2012 Planned infrastructure imp
Slide 15: Iron Ore: Greenland
VT, a ———_| IRON ORE: GREENLAND
Slide 16: Greenland: Melville Bugt Project Overview
Greenland: Melville Bugt Project Overview 1,013km2 licence in northwest Greenland as an earn-in agreement with NAMA Greenland Ltd Application for licence enlargement of 558km2 has been submitted 2011 geological reconnaissance program: Primary objective to identify potential for direct- ship
Slide 17: Greenland: Melville Bugt Project Overview
Greenland: Melville Bugt Project Overview (cont’d) June – September 2011 geological reconnaissance: Banded to massive haematite iron formation encountered; most extensive identified to date as a series of four linked occurrences, with a potential strike length of 7.5 km, field XRF values up to 6
Slide 18: Melville Bugt Project Location
Melville Bugt Project Location 18
Slide 19: )/ REDROCK
)/ REDROCK z e N id Inland Ice E F f de , 3 8 ‘pplication B ‘ ence Applicati A NAMA Greenland Ltd Licence 450,000 mN NAMA Greenland Ltd Licence z Melville Bugt Hi York 0 ~ e | = 475.000 mE. 500,000 mE" 525.000 mE. 550,000 mE, 575.000 mE. 600,000 mE: 625,000 mi
Slide 20: Field XRF Results
g §) REDROCK 490,000 mE 510,000 mE 530,000 mE 550,000 mE + 490,000 mm 8470000 mW @ oss pare e& 25S pet Fe Licence Application ——< (a J NAMA Greenland Ltd Current Licence ay a a N —_—— | Legend Haematite Nunatak Field XRF Sample Results- Fe % c ) 0-10 pet Fe 10-25 pet Fe a} 25-40 pet Fe —— RED ROCK R
Slide 21: Iron Ore: Australia
IRON ORE: AUSTRALIA Jupiter Mines Ltd JV 21
Slide 22: 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’ platform: 530 ton JORC Resource of high quality magnetite at Mt Ida, WA Open pi
Slide 23: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY 23
Slide 24: Corporate Social Responsibility
Corporate Social Responsibility Responsible, Safe and Committed Operators • Health and safety is a priority • Creating sustainable community development Red Rock is committed to fostering a programmes to help strengthen community positive relationship with the local viability community through commu
Slide 25: CSR Programme - Kenya
CSR Programme - Kenya Implementing a formal CSR programme in Mikei and surrounding areas CSR activities so far include: Regular meetings with CSR committee and local groups Providing building materials for schools and other facilities Listening to the needs of the community and providing a
Slide 26: Investment Summary
INVESTMENT SUMMARY 26
Slide 27: Investment Holdings
Investment Holdings Ascot Mining plc Two operating gold mines in Costa Rica; two or three potential mines Plan to move listing from PLUS to AIM in 2011 RRR holds loan stock convertible to 7.5m shares, and 9.5m options Market value of holdings (net) £2.8m Resource Star Ltd ASX-listed uraniu
Slide 28: Summary
SUMMARY 28
Slide 29: Key Points
Key Points Historic Achievers: Proven to add Value: Jupiter transactions, Ascot transaction Proven Explorers: 1.2m oz Indicated Gold Resource in Kenya More Exploration, More Value: Continue turn around of old mine by increasing production in Colombia Bring tailings in Kenya into production
Slide 30: Case Studies
CASE STUDIES 30
Slide 31: 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, and
Slide 32: 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, option on 51% (upside open) Generating strong monthly cash flow Exercised 51% option March 2011 and take co
Slide 33: Contact Details
Contact Details Investment or project enquiries: General Enquiries: Andrew Bell Rasa Vaitkute Chairman Personnel Manager Email: Andrew.Bell@rrrplc.com Email: Rasa.Vaitkute@rrrplc.com Marketing or CSR Enquiries: Press Enquiries: Natasha Walton Sandra Spencer Head of Marketing and Community Affairs PR
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