Red Rock Resources plc · LSE:RRR
Red Rock Resources — Regency Mines — Investor Presentation (August 2009)
24 slides from Red Rock Resources's investor presentation, August 2009
Slide 1: Regency Mines plc Company Outline
REGENCY MINES plc Company Outline August 2009
Slide 2: Company Snapshot
Company Snapshot Nickel - Papua New Guinea (100%) Copper – Queensland Nickel – WA 32.9% of Red Rock Resources plc 13% of Alba Mineral Resources plc
Slide 3: Summary
Summary Market Cap ￡3.5 million (@1.1p) Shares in issue: 352,807,330 Markets: RGM (London AIM), RM4 (Frankfurt) Transaction led explorer and mining investment house
Slide 4: Directors
Directors Andrew Bell, MA, LLB Executive Chairman Former mining analyst Chairman, Red Rock Resources plc, Greatland Gold plc Julian Lee MA (Cantab), ACA Non-Executive Director 10 years experience in financing and advising growth companies Specializes in fast moving consumer goods natural resources m
Slide 5: Mambare Nickel Mine Project Locality Plan
CANOPUS No 83 LTD, MAMBARE NICKEL MINE PROJECT LOCALITY PLAN PROPOSED MAMBARE NICKEL PROJECT, KOKODA, ORO PROVINCE Oro Bay
Slide 6: Mambare Project
Mambare Project Mambare Plateau in Oro Province Road from Kokoda to Oro Bay = 110km Deep water port at Oro Bay Giant Ni/Co project
Slide 7: Mambare Plateau, PNG
Mambare Plateau, PNG Some 400 sq km Recent exploration in 1999 by Anaconda Mining estimated potential of 628mt at 0.78% (0.5% cut off), and 198mt at 1.01% (0.8% cut off) in 158 sq km area of tenement Potential in limonite of 200 Mt of 1% nickel and 0.1% cobalt, in saprolites of 200 Mt of 1.25-1.5% n
Slide 8: Mambare Comparison
Mambare Comparison Potential new nickel laterite mines, resource (million tonnes) and grade (%) AFeNi A Other (mainly PAL) — T T, . 2 207 ae eee Pail wo Sechol & Barro Alto A | noe ies 3 a OncaF 5 i i Nakety-Bogota o ANornico C ap Bocage » Celestial Al 4 A Spi q $ 1.0 Caldag dh Wtowo H b,a°3 4 Beron
Slide 9: Core in Tray
Core in Tray
Slide 10: Deposit Potential
Deposit Potential Deposit potential within initial 158 sq km: Limonite Ore - 200 Mt of 1% nickel and 0.1% cobalt and; Saprolite Ore – 200 Mt of 1.25-1.5% nickel.
Slide 11: Lithologies
Lithologies U – Tectonite Ultramafic Ku – Cumulative Ultramafic Kc – Cumulative Gabbro Kg/Kh – Gabbro Kl – Basalt Volcanics
Slide 12: Profile – Ukita Ridge
Profile – Ukita Ridge General Pit Profile 3-6m of ash; 0-2m of low grade limonite laterite; 4m limonite ore; and 4m of saprolite ore. Pit OR 022 2m of ash; 3.66m of limonite ore grading 1.05% nickel (and 0.12% cobalt) 4.55m of saprolite ore grading 1.25% nickel Pit OR 028 4.57m of ash and low grade
Slide 13: Profile – Namara Ridge
Profile – Namara Ridge KR 004 1.2m of ash and low grade limonite; 2.45m of limonite ore grading 0.95% Ni; KR 010 1.2m of ash and low grade limonite; 4.7m of limonite ore grading 0.8% Ni; KR 012 3.66m of ash and low grade limonite; 2.74m of limonite ore grading 0.95% Ni KR 016 3.05m of ash and low gr
Slide 14: Auger Hole Example
Auger Hole Example Auger hole 43 4m of ash and low grade limonite; 6.7m of 1.09% Ni. (Bottomed in ore).
Slide 15: Typical concrete girder bridge designed for T44 load
Slide 16: 2008 Exploration
2008 Exploration 51.2 km GPR Survey completed - indicates 4-24m of ash and limonite overlying up to 10m of saprolite with profile up to 35m 200kg limonite ore sample sent to GRINM (China) for metallurgical testing 4000m core drilling programme - 335 holes, max depth 36.4m 172 holes logged to date 44
Slide 17: Development Plan
Development Plan Bought 25% of local subsidiary resulting in 100% ownership of asset Negotiations with investors/technology partners currently in progress Intention to re-deploy capital by adding critical mass to the companies ground position in nickel sulphide belt in Western Australia
Slide 18: GPR & Drilling Area
PR & Drilling Area , ; y Kii38'® Kta39S Oki onrg37 @ i Pew % CANOPUS NO. 83 t F : i , Mambare Nickel Laterite Project ' : 7% * Pat and Auger Locations y ; § ) } on 1100000 Kokoda Topographic Map i4 . J 3 + < a Seba | (Southern Sheet) 2. Leg S iis . Autre: B&S Scme 1:60,000 ie 4 } . Date 040006 Gckt
Slide 19: GPR Data Samples from Indonesia
GPR Data Samples from Indonesia Green line – Limonite to saprolite Black broken line – Saprolite to bedrock
Slide 20: GPR Data Samples from Indonesia
GPR Data Samples from Indonesia
Slide 21: Exploration Australia
Exploration Australia Lake Tay Western Australia – sulphide nickel Lake Johnston greenstone belt – one of three main ultramafic belts Much of belt recently identified and still unexplored Exciting prospects
Slide 22: Bundarra
Bundarra Soil sampling in 2 areas Significant Cu/Au anomalies, peak 3.1% Cu, 0.9 g/t Au, 10.8 g/t Ag 104 hole, 3,033m RAB drill programme U anomalies at margin of intrusion
Slide 23: Alba - nickel-bearing intrusions in Scotland
Prospective nickel-bearing intrusions in Scotland Alba - nickel-bearing intrusions in Scotland Modified from Fletcher et al., 1989
Slide 24: Thank you
Thank you