Red Rock Resources Plc · LSE:RRR
Red Rock Resources — Investor Presentation (2022)
27 slides from Red Rock Resources's investor presentation, January 2022
Slide 1: Exploring West Africa's Greenstones – The Opportunity in Burkina Faso
FASO GREENSTONE RESOURCES EXPLORING WEST AFRICA’S GREENSTONES – The Opportunity in Burkina Faso 2022 1
Slide 2: Disclaimer
FASO GREENSTONE RESOURCES DISCLAIMER These presentation materials (the “Presentation Materials”) are being distributed in the UK only to persons having professional experience in matters relating to investments and who are investment professionals as specified in Article 19(5) of the Financial Servi
Slide 3: 1. The Country
FASO GREENSTONE RESOURCES 1. THE COUNTRY 3
Slide 4: Faso Minerals Ltd – A New Player
FASO GREENSTONE RESOURCES Faso Minerals Ltd – A New Player The story so far……. The major part of the gold-bearing West African greenstones lie not in Ghana, where the bulk of historic discoveries have been made due to its established mining infrastructure and long gold production history, but in the
Slide 5: Objectives
FASO GREENSTONE RESOURCES Objectives Faso Greenstone Resources SARLU, was set up by a small London and Ouagadougou-based team with strong Burkina Faso credentials and decades of Burkina Faso exploration experience. Detailed review of prospects in the south-east of the country (where the security sit
Slide 6: The Mining Environment
FASO GREENSTONE RESOURCES The Mining Environment Principal Terms and Conditions of Licence Grant ➢ Attractive mining code, simple and secure, with fixed terms ➢ Exemption from VAT for mining exploration ➢ Annual surface tax = $17 / km² for the first 3 years, $35 / km² from the 4th to the 6th year an
Slide 7: The Political Environment
FASO GREENSTONE RESOURCES The Political Environment Political and Security Developments ➢ Terrorist Activity in North and East of country, as in Mali, has affected mining operations in those areas. ➢ Faso focuses its efforts in the South-West of the country far from the affected frontier areas. ➢ Mi
Slide 8: 2. The Company
FASO GREENSTONE RESOURCES 2. THE COMPANY 8
Slide 9: Faso Greenstone Resources SARLU
FASO GREENSTONE RESOURCES Faso Greenstone Resources SARLU Faso Greenstone Resources SARLU (FGR) is a Burkina Faso Company formed for the purpose of gold exploration. The in-country team is made up of experienced geologists and managers who have been involved in gold discoveries totaling over 5m oz i
Slide 10: Senior Team
FASO GREENSTONE RESOURCES Senior Team Dieudonné Dakissaga, Country Manager of FGR, is a Senior Exploration Geologist with more than 25 years of experience. Chief Exploration Geologist for Nordgold in Burkina Faso from 2011 to 2017, he has also worked in Guinea Conakry and French Guyana. Ali Barro, D
Slide 11: Group Structure
FASO GREENSTONE RESOURCES Group Structure RED ROCK RESOURCES PLC UK FASO MINERALS LTD UK FASO GREENSTONE RESOURCES SARL BURKINA FASO 11
Slide 12: 3. The Opportunity
FASO GREENSTONE RESOURCES 3. THE OPPORTUNITY 12
Slide 13: Gold Projects in West Africa
FASO GREENSTONE RESOURCES Gold Projects in West Africa FGR Bilbale Gold Project FGR Boulon Gold Project 13
Slide 14: FGR Projects - Burkina Faso
FASO GREENSTONE RESOURCES FGR Projects - Burkina Faso FGR Bilbale Gold Project FGR Boulon Gold Project 14
Slide 15: Boromo Greenstone Belt – Bilbale Gold Project
FASO GREENSTONE RESOURCES Boromo Greenstone Belt BILBALE GOLD PROJECT Major structural targets with artisanal activity along shears and faults and with historic drill results 15
Slide 16: Bilbale
FASO GREENSTONE RESOURCES BILBALE 16
Slide 17: Bilbale Gold Project
FASO GREENSTONE RESOURCES BILBALE Gold Project 76.17 g/tAu 11.6 g/tAu 4m@3.10g/tAu 2.56 g/tAu Dadone Benvar 2.57 g/tAu Dipolgo Tampoa 8.1 g/tAu 1.19 g/tAu Bilbale Nakar-Irpale-N Zodoum 3m@2.10g/tAu Nakar-Irpale Sero Koulagang Bontioli 4m@3.10 g/tAu RC drilling 6.25 g/tAu 1.74 g/tAu 76.17 g/tAu Rock
Slide 18: Bilbale Gold Project – Airborne Magnetometry
FASO GREENSTONE RESOURCES BILBALE Gold Project Artisanal gold working N Bilbale airborne magnetometry (AS) survey 18
Slide 19: Bilbale Gold Project – Historical RC Drilling Section
FASO GREENSTONE RESOURCES BILBALE Gold Project Artisanal gold working N 3m@2.10g/tAu 4m@3.10g/tAu Bilbale historical RC drilling section 19
Slide 20: Bilbale Gold Project – Tampoa Artisanal Site
FASO GREENSTONE RESOURCES BILBALE Gold Project Tampoa artisanal gold working site 20
Slide 21: Bilbale Gold Project – Nakar-Irpale Artisanal Site
FASO GREENSTONE RESOURCES BILBALE Gold Project Nakar-Irpale artisanal gold working site 21
Slide 22: Bilbale Gold Project – Exploration Programme
FASO GREENSTONE RESOURCES BILBALE Gold Project Exploration Programme ➢ Objective: To generate geo-regolithic and satellite geochemistry maps accompanied by rock sampling of the project at a scale showing the lithology, the regolith and the gold structures. This will guide subsequent geochemistry and
Slide 23: Boulon Gold Project
FASO GREENSTONE RESOURCES BOULON Gold Project ➢ Surface = 164.28 km² ➢ Located in prospective Banfora greenstone belt ➢ Presence of artisanal sites and surrounded by artisanal gold mining sites ➢ Crossed by several geological structures ➢ Great gold potential; as evidenced by the results of historic
Slide 24: Boulon Gold Project – Nearby Drill Results
FASO GREENSTONE RESOURCES BOULON Gold Project 14m@2.93 g/tAu 2m@9.45 g/tAu 5m@3.98 g/tAu, 3m@2.91 g/tAu, Labola 7m@12 g/tAu Danfora 10m@3.3 g/tAu 9m@7.7 g/tAu, 5m@7.0 g/tAu, Boulon Artisanal workings and Results of RC and DD drilling of nearby projects on Airborne Magnetic (AS) BF map 24
Slide 25: Boulon Gold Project – Soil Geochemistry
FASO GREENSTONE RESOURCES BOULON Gold Project Boulon historical wide-spaced soil geochemistry (Gold and Arsenic) results 25
Slide 26: Boulon Gold Project – Artisanal Sites
FASO GREENSTONE RESOURCES BOULON Gold Project Boulon-Centre abandoned artisanal gold working sites 26
Slide 27: Boulon Gold Project – Exploration Programme
FASO GREENSTONE RESOURCES BOULON Gold Project Exploration Programme ➢ Objective: To generate geo-regolithic and satellite geochemistry maps accompanied by rock sampling of the project at a scale showing the lithology, the regolith and the gold structures. This will also guide subsequent geochemistry