Rockfire Resources Plc · LSE:ROCK
Rockfire Resources — Investor Presentation (June 2018)
25 slides from Rockfire Resources's investor presentation, Jun 18, 2018
Slide 1: Exploring for gold and copper in Australia and Papua New Guinea
(LON:ROCK) Exploring for gold and copper in Australia and Papua New Guinea
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: Rockfire Resources – exploring amongst giants
Rockfire Resources – exploring amongst giants ✓Exploring amongst world-class deposits in Australia and PNG ✓Excellent opportunity for discovery of economic deposits ✓A determined, experienced and successful technical board of directors ✓Aiming to build a growth company providing returns for investor
Slide 4: Rockfire Resources – 10-year gold and copper
Rockfire Resources – 10-year gold and copper GOLD Source: www.goldprice.org COPPER US$/T Source: www.lme.com/Metals/Non-ferrous/Copper ROCKFIRE
Slide 5: Rockfire Resources – company profile
Rockfire Resources – company profile AIM Code: PML Ordinary Shares (million) 343.34 Market Cap (£0.0085) £2.92M Cash at 31 May 2018 £0.63M Debt at 31 May 2018 £0 Shareholder Shares (M) % Michael Somerset-Leeke 51.15 14.90 Nicholas Walley 31.02 9.03 Directors & Management Value Generation/P.& M. John
Slide 6: Rockfire Resources – board of directors and management
Rockfire Resources – board of directors and management • Gordon Hart Chairman Equities and Finance, (+35 years experience) Graduate of Institute of Company Directors Venture Group Equities, GB Energy, Convergent Minerals, Informotion • David Price Managing Director and CEO (FAusIMM) Geologist, (30 y
Slide 7: Australia
Australia ROCK owns 100% of all tenements • ‘Lighthouse’ Breccia-hosted Au/Cu +/- Ag Sits amongst giants • ‘Marengo’ Epithermal Au/Cu, IRGS Historical goldfield (1871) • ‘Copperhead’ Porphyry Cu Included in the USGS ‘Global Mineral Resource Assessment’ “Staged exploration programmes with the aim to
Slide 8: Papua New Guinea
Papua New Guinea ROCK owns 100% of all tenements • ‘Tripela’ Porphyry Cu Rocks up to 29% Cu at surface • ‘Mount Visi’ Porphyry Cu New discovery, rocks up to 35.5 g/t Au and 4% Cu. ROCKFIRE
Slide 9: Lighthouse
Lighthouse Queensland, Australia 636 sq. km. Multiple breccia, epithermal and vein-hosted mineralising systems
Slide 10: Lighthouse strong potential
Lighthouse strong potential • Regional production +20moz Au • Previous Pennaroya, ESSO, City Resources, CRA , Aberfoyle, Newcrest, Ramelius, Liontown. • 20km from Pajingo Gold Mine (operating) • Surround Mt Leyshon Gold Mine lease (C&M) • Numerous prospect targets ROCKFIRE
Slide 11: Lighthouse plateau prospect
Lighthouse plateau prospect Historical drilling results include: Assay results from Nov/Dec 2017 drilling include: • 44m @ 2.4 g/t Au • 10m @ 5.0 g/t Au • 22m @ 1.9 g/t Au + 22.3 g/t Ag (39m downhole) • 8m @ 3.0 g/t Au • 18m @ 1.0 g/t Au + 10.5 g/t Ag (119m downhole) • 14m @ 2.4 g/t Au • 20m @ 0.5 g
Slide 12: Lighthouse double event prospect
Papua Mining plc Lighthouse double event prospect Lighthouse Project, Double Event Prospect Rock sampling February 2018 Sample Au Ag Pb Pb Number ppm ppm ppm % • Abundant quartz veining BDERS001 BDERS002 19.15 2.33 52.70 54.00 13,750 8,070 1.38 0.81 BDERS003 2.89 33.60 18,400 1.84 • Gold assays incl
Slide 13: Lighthouse double event prospect
Lighthouse double event prospect Battle Mountain drill results 1987 • 2m @ 13.2 g/t Au Parallel lodes and old workings extend • 4m @ 4.65 g/t Au for over 3km strike • 1m @ 3.93 g/t Au • 4m @ 2.87g/t Au Mining during 1900 returned 1,744oz • 1m @ 3.25g/t Au from 1,889 tons of ore (28.7g/t Au) • 1m @ 2
Slide 14: Marengo
Marengo Queensland, Australia 180 sq. km. Epithermal and Intrusion- related gold system (IRGS)
Slide 15: Marengo
Marengo multiple intrusive events • Historical Goldfield discovered in 1871 • 37 gold workings with very high-grade rocks • 55km from Mt Carlton Gold Mine • 38 shallow holes drilled at 4 sites • Costean at Flat Reef 12m @ 6.1 g/t Au • One Mile Mountain is undrilled ROCKFIRE
Slide 16: Marengo high grade rock samples
SAMPLE Au Ag Cu Cu Marengo high grade rock samples DESCRIPTION ppm ppm ppm % BMARS010 3.32 2.1 1,845 0.2 Faults, ring-fractures, veining, sulphides and BMARS012 2.92 13.6 1,770 0.2 alteration form circular patterns; BMARS013 1.14 2.7 2,060 0.2 BMARS016 2.40 16.7 24 BMARS017 4.11 2.4 456 BMARS019 21.
Slide 17: Marengo Homeward Bound Prospect
Marengo Homeward Bound Prospect GEOPHYSICS MAY 2018 Gradient Array chargeability high anomaly Gradient Array resistivity low anomaly ROCKFIRE
Slide 18: Marengo One Mile Mountain Prospect
Marengo One Mile Mountain Prospect Possible copper porphyry with up to 1-2% sulphides GEOPHYSICS MAY 2018 Gradient Array chargeability high anomaly Possible epithermal vein gold system with silica alteration Gradient Array resistivity low anomaly ROCKFIRE
Slide 19: Marengo One Mile Mountain Prospect
Marengo One Mile Mountain Prospect Possible top of porphyry copper Dipole-Dipole survey May 2018 GEOPHYSICS MAY 2018 Resistivity Chargeability ROCKFIRE
Slide 20: Copperhead
Copperhead Queensland, Australia 96.5 sq. km. Porphyry Copper
Slide 21: Copperhead open in all directions
Copperhead open in all directions • 1970 Cu vein discovered at Julivon in 1970 Julivon Prospect • Auger drilling outlined a coherent +100ppm copper- in-soil anomaly in excess of 3km x 2km • 5 holes by Carpentaria +450ppm Cu Exploration in 1972. (weighted average 0.25% Cu + 2.1g/t Ag) +450ppm Cu • In
Slide 22: Papua New Guinea
Papua New Guinea New Britain (297.6 sq. km) Porphyry copper/gold
Slide 23: Papua New Guinea 'elephant' territory
Papua New Guinea ’elephant’ territory Manus 12 Moz Au 435 Kt Cu Lihir 56 Moz Au Porgera Bougainville 16 Moz Au 17 Moz Au + 4.7 Mt Cu Wafi-Golpu 13 Moz Au 4.4 Mt Cu Woodlark 2 Moz Au Misima 4 Moz Au 20 Moz Ag ROCKFIRE
Slide 24: Tripela intensely altered and mineralised
Tripela intensely altered and mineralised Up to 29% Cu in outcrop at Tripela Up to 35.5g/t Au and ROCKFIRE 4% Cu in outcrop at Mt Visi
Slide 25: What we have achieved! What can you expect?
Rockfire Resources what we have achieved! what can you expect? Lighthouse Lighthouse ₓ Geophysics at Plateau (review old data) • RC drilling at Double Event ✓ RC drilling • Mapping & sampling at Redwing ✓ Regional assessment • Further regional assessment Marengo Marengo ✓ Geophysics at One Mile Moun
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