Rockhaven Resources Ltd. · TSXV:RK
Rockhaven Resources — Investor Presentation (December 2022)
26 slides from Rockhaven Resources's investor presentation, December 2022
Slide 1: Rockhaven Corporate Presentation – A Golden Opportunity
• This presentation contains forward-looking information. Forward looking information contained in this presentation includes, FORWARD but is not limited to, statements with respect to the estimation of inferred and indicated resources, the success of exploration programs and the results of the Klaz
Slide 2: Forward Looking Statements
• This presentation contains forward-looking information. Forward looking information contained in this presentation includes, FORWARD but is not limited to, statements with respect to the estimation of inferred and indicated resources, the success of exploration programs and the results of the Klaz
Slide 3: Additional Information
ADDITIONAL INFORMATION • Rockhaven’s website (www.rockhavenresources.com) includes the most recent technical report, a full compilation of all significant drill assays, over 100 drill core images with corresponding assays, assay histograms plotted on cross sections from drilling across the property,
Slide 4: Corporate Summary
CORPORATE SHARES OUTSTANDING: 276,136,470 SUMMARY SHARES FULLY DILUTED: 324,359,290 MARKET CAPITALIZATION: C$18,000,000 Management / Directors WORKING CAPITAL: ~C$2,600,000 Matt A. Turner, B.Sc. President, CEO and Director Manuel Estrada, B.Sc. COO CORPORATE DEBT: NONE Daniel Martino, CPA, CA CFO Br
Slide 5: Technical Committee and Consultants
TECHNICAL COMMITTEE Technical Committee AND CONSULTANTS Stephen Quin 40 years experience in the mining and exploration industry, including at the Minto Mine, the closest located mine to Klaza Randall Thompson Three decades on teams building and operating open pit and underground mining operations in
Slide 6: Investment Highlights
INVESTMENT HIGHLIGHTS • Camp-scale, high grade gold and silver deposit in southern Yukon • Klaza deposit is 100% owned, road accessible and royalty free • The 2020 Klaza PEA returned a Post-Tax NPV(5%) of C$378 million and an IRR of 37% ($1,450/oz Au & $17/oz Ag) • 2022 work will focus on increasing
Slide 7: Mining Friendly Jurisdiction
MINING FRIENDLY 2015 EBA Signing Ceremony - Former LSCFN Chief (now Director of Land and Resources for LSCFN) Eric Fairclough with Rockhaven’s CEO Matt Turner JURISDICTION • The Klaza Deposit lies within the Traditional Territory of the Little Salmon Carmacks First Nation (LSCFN) • The Yukon has a l
Slide 8: Northern Cordilleran Gold Province
8 NORTHERN CORDILLERAN • Senior gold producers very active in the GOLD PROVINCE Northern Cordilleran Gold Province • Klaza is the most accessible advanced gold deposit within the prolific Dawson Gold Belt The Minto Mine, owned and operated by Minto Metals Corp. (inset photo), is located 50 km north
Slide 9: The Yukon's Recent Mining Highlights
The Yukon’s Recent Mining Highlights • July 2020 – Victoria Gold Corp. declares commercial production at Eagle Gold Mine • May 2021 – Rio Tinto invests C$25.6M in Casino Deposit • Nov 2021 – Carmacks Bypass Road contract awarded, part of Resource Gateway $468 m Federal/Territorial project • Jan 2022
Slide 10: Carmacks Bypass
Yukon Resource Gateway Program Carmacks Bypass September 2022 TSX-V:RK OTC:RKHNF 10
Slide 11: A Great Location for a Future Mine
A GREAT LOCATION FOR A FUTURE MINE Aerial view looking north at the Klaza Deposit and surrounding exploration area • Brownfield site in the Mt. Nansen Mining Camp • Klaza is road accessible only 3.5 hr drive from Whitehorse • Baseline environmental studies have been done around the deposit since 201
Slide 12: A Great Location for a Future Mine
A GREAT LOCATION FOR A FUTURE MINE Aerial view looking north at the Klaza Deposit and surrounding exploration area Central Klaza Zone • Intermediate-sulphidation Epithermal Style Mineralization • Deposits start at surface, extend up to 450 m down-dip and remain open to TSX-V:RK depth OTC:RKHNF 12
Slide 13: Klaza – A High-Grade Gold & Silver Epithermal Deposit
KLAZA – A HIGH- GRADE GOLD & SILVER EPITHERMAL DEPOSIT • 14 high-grade gold and silver zones discovered at Klaza to date • The camp-scale vein system spans an 8 km by 10 km area • Good potential for resource expansion outside of the deposit area • The veins contain sulphide minerals and have sharp c
Slide 14: Klaza Deposit Mineral Resources & Block Model
KLAZA DEPOSIT MINERAL RESOURCES & BLOCK MODEL 1 Central Klaza Central Klaza: 325 m below surface 6.7 m grading 11.9 g/t Au Central Klaza: 450 m below surface 2.0 m grading 3.2 g/t Au and 43 g/t Ag Western Klaza: 250 m below surface 1.5 m grading 15.4 g/t Au and 741 g/t Ag Deepest Drill Intersection
Slide 15: 2020 PEA Highlights
2020 PEA HIGHLIGHTS • NPV(5%) – After-tax C$378 m & Pre-tax C$529 million ($1450 gold, $17 silver, CAD:USD 0.72) • IRR – 37% After-tax & 45% Pre-tax • Leverage to $1,740 gold – After-tax NPV(5%) of C$540 million and IRR of 49% • Opex – LOM cash costs of $613/oz AuEq* AISC of $875/oz AuEQ* • Initial
Slide 16: Exploration Highlights
2021 • Successful Exploration – 2021 drilling identified significant near-surface mineralization EXPLORATION within areas designated as waste blocks in the 2020 PEA and outlined new targets outside of the deposit area. HIGHLIGHTS 1.5 g/t Au, 38 g/t Ag 1.0 g/t gold, 58 g/t Ag Proposed Open Pit (2020
Slide 17: Exploration Achievements
2022 • Resource Definition – 2022 drilling focused on definition drilling to convert more of the inferred mineral resources into indicated resources as well as EXPLORATION resource expansion. ACHIEVEMENTS • Pre-feasibility Work – Metallurgical samples collected for Pre-feasibility level test work as
Slide 18: Investment Thesis – Market Capitalization
• Klaza is located in a Tier I jurisdiction with 100% ownership, no royalties on mineral INVESTMENT resources and road access in an historical mining district THESIS Gold Juniors trade at ~$29/oz AuEQ (M&I+I) ; Rockhaven currently trades at • 1 ~$16/oz gold and ~$12/oz AuEQ (I+I) • Based on the 2020
Slide 19: 2022/23 Plan & Timeline
Rockhaven’s highly experienced technical team recommends the following plan for 2022/23: 2022/23 PLAN • ~12,000 m diamond drill program planned to infill and expand resources, maximizing the value of indicated resources; & TIMELINE • Advanced metallurgical testing, including a comprehensive evaluati
Slide 20: 2020 PEA Details
2020 PEA • Study completed by AMC Mining Consultants (Canada) Ltd. (mineral resource, mining, infrastructure and financial analysis), Blue Coast Metallurgy Ltd. (metallurgy and processing) and Knight Piesold Ltd DETAILS (tailings). • Combined Open Pit (contractor) & UG (owner-operator) mine with a 1
Slide 21: Klaza 2020 PEA Mine Plan
KLAZA 2020 PEA MINE PLAN Open Pits: 1.2 Mt mined containing approximately: 90,000 oz gold, 1.3 Moz silver, 11.1 Mlbs lead, and 18.1 Mlbs zinc Central BRX UG, 1.3 Mt mined containing approximately: 69,000 oz gold, 4.0 Moz silver, 25.6 Mlbs lead, and 26.4 Mlbs zinc Western BRX UG, 2.4Mt mined containi
Slide 22: Klaza 2020 PEA Surface Overview
KLAZA 2020 PEA SURFACE OVERVIEW BRX Western BRX Portal Mill Area KLAZA Tailings Storage Open Pits: 1.2 Mt mined containing approximately: 90,000 oz gold, 1.3 Moz silver, 11.1 Mlbs Investors should be cautioned that the preliminary economic assessment (PEA) is preliminary in nature, that it includes
Slide 23: 2020 PEA Post-Tax Sensitivities
2020 PEA POST-TAX SENSITIVITIES Post-Tax Sensitivities -20% Base Case +20% Variable Unit Value NPV IRR Value NPV IRR Value NPV IRR Gold US$/oz $1,160 $211 24% $1,450 $1,740 $540 49% Silver US$/oz $13.60 $343 35% $17.00 $378 37% $20.40 $407 39% Mining Cost $/t $44.1 $417 39% $55.14 $66.2 $334 34% Pro
Slide 24: Simplified Processing Flow Sheet
SIMPLIFIED PROCESSING FLOW SHEET Lead Acacia Leach (1.1% Mass Pull) Crushing & Grinding 59.8% Pb 60% Pb 1,900 tpd 5,957 g/t Ag 4,815 g/t Ag • High recovery of all metals 129.9 g/t Au 15.7 g/t Au Sequential Flotation to three separate Zinc 95% Au Recovery concentrates (2.2% Mass Pull) 86% to Doré • A
Slide 25: Exploration Highlights
• Western BRX Zone is the most significant mineralized zone discovered to date at Klaza 2021 • Ten holes completed in 2021 focused on continued in-fill drilling EXPLORATION HIGHLIGHTS 2021 Diamond Drilling at the Western BRX Zone TSX-V:RK OTC:RKHNF For additional information about the 2020 Klaza pro
Slide 26: Rusk Zone
RUSK ZONE • Rusk Zone – Potential near surface, open-pittable mineralization within a large multi-element soil anomaly Rockhaven’s President and CEO Matt Turner inspects the first veins from drilling at the Rusk Target in August 2020. TSX-V:RK OTC:RKHNF 26
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