Red Rock Resources plc · LSE:RRR

Red Rock Resources — Investor Presentation (October 2011)

29 slides from Red Rock Resources's investor presentation, Oct 26, 2011

  1. Slide 1: October 2011

    October 2011

  2. 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

  3. 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

  4. 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

  5. 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

  6. Slide 6: Gold: Kenya

    GOLD: KENYA 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 operating company with farm in to raise to 60%.  Total Indicated Resource (NI43-101): 1.2m oz Au  63 km of Archaean Greenstone Belt, extension of prolific Tanzania Greenstone Belt.

  8. Slide 8: Migori: Exploration Objectives

    Migori: Exploration Objectives  NI 43-101; Indicated Resource of 1.2m oz  Expand 1.2m oz Resource base  15,000m drill programme underway to validate existing resource  Follow up high grade intersections  Drill Macalder and Barnabas VMS Cu/Au targets  Upgrade KKM Resource model with view to ear

  9. Slide 9: Exploration Areas

    )/ REDROCK Exploration Areas Simplified Geological Map Legend =| Quartz Greywackes - Siltstone — Banded Iron Formation Victoria Hs Mafic Volcanics - Metabasalt 9,900,000 mN , ‘ Macalder Tailings Deposit | | Felsic Volcanics - Porphyry = Felsic Derrived Metasediment Defined Resource Areas &. BB Dacit

  10. Slide 10: Tailing resource drilling

    500 metres Tailing resource drilling 15,000 metre infill DD/RC drilling programme across SPL122 resource prospects 8,000 metres exploratory air core drilling 1,500 scout drilling

  11. Slide 11: Gold: Colombia

    GOLD: COLOMBIA 11

  12. Slide 12: Colombia: Project Overview

    Colombia: Project Overview  Investment in two Colombian gold mines in Antioquia south of Zaragoza – a pre-eminent Frontino Gold Belt historic mining area located on the Frontino Gold Belt  Investment to refurbish 150/day plant and operating mine made in July 2010  Own 51% of local operating compa

  13. Slide 13: Colombia: Production

    Colombia: Production  Continuous production started in April 2011 and cash flow positive as of August 2011  September production 530 oz Au  Machuca mine production expected to contribute in 2012  Planned infrastructure improvements underway at El Limon and will result in increased production in

  14. Slide 14: Iron Ore: Greenland

    VT, a ———_| IRON ORE: GREENLAND

  15. Slide 15: 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  June – September 2011 geological reconnaissance:  Primary objective to identify potential for dire

  16. Slide 16: Greenland: Melville Bugt Project Overview (cont'd)

    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

  17. Slide 17: Field XRF Results map

    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

  18. Slide 18: Iron Ore: Australia

    IRON ORE: AUSTRALIA Jupiter Mines Ltd JV 18

  19. Slide 19: 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

  20. Slide 20: Corporate Social Responsibility

    CORPORATE SOCIAL RESPONSIBILITY 20

  21. Slide 21: Community and Environment

    Community and Environment Red Rock is committed to fostering a positive relationship with the local community through communication, engagement and development.  Apply the same standards in all operations around the world  Health and safety is a priority  Creating sustainable community developmen

  22. Slide 22: Investment Summary

    INVESTMENT SUMMARY 22

  23. Slide 23: 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

  24. Slide 24: Summary

    SUMMARY 24

  25. Slide 25: 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 

  26. Slide 26: Case Studies

    CASE STUDIES 26

  27. Slide 27: Case Studies

    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

  28. Slide 28: Case Studies

    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

  29. Slide 29: 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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