Slide 1: Investor Presentation
Investor Presentation August 2021 LON:ROCK ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 0
Slide 2: Disclaimer
Disclaimer Theinformationcontainedinthisconfidentialdocument(“Presentation”)hasbeenpreparedbyRockfireResourcesplc(the“Company”).Ithasnotbeenfullyverifiedandissubjecttomaterialupdating,revisionandfurtheramendment.ThisPresentationhasnot beenapprovedbyanauthorisedpersoninaccordancewithSection21oftheFin
Slide 3: Rockfire: Exploring for gold and copper in Queensland, Australia
Rockfire Exploring for gold and copper in Queensland, Australia 100% owned assets Lighthouse (gold) Copperhead (copper) Copper Dome (copper) 2nd ranked most attractive Cairns investment destination globally (Fraser Institute, 2019) Townsville 3 gold processing plants within 50 km trucking distance o
Slide 4: Board & Management
Board & Management Gordon Hart David Price Ian Staunton Chairman Managing Director / CEO Director (GAICD) (B.Sc., FAusIMM) Audit, Corporate Finance Equities, Geologist, Executive (+40 years' experience) Finance (+30 years' experience) (+35 years' experience) Nicholas Walley Patrick Elliott Graeme Ho
Slide 5: Corporate snapshot
Corporate snapshot AIM Code: ROCK Ordinary Shares 1,081,637,722 Market Cap (1.0p) £10.8M Percentage of shares not in public hands 9.83 % > 3% Shareholders and Board Shares % Nicholas Walley * 59,000,000 5.45 Michael Somerset-Leeke 49,101,126 4.54 David W Price * 13,850,000 1.28 Edward Fry * 13,000,0
Slide 6: Queensland, Australia
Queensland, Australia 6% $127.4m of Australia’s (£71.3m) 0 Tonnes 6 Tonnes annual gold expenditure on gold production and copper Gold production exploration annually centres showing amount produced in 2017-2018 14 operating 13 operating gold mines copper mines Plateau producing up to 16.4 producing
Slide 7: Lighthouse
100% owned by Rockfire Lighthouse JORC Indicated and Inferred Resource (Jan 2021) using a 0.5 g/t Au low-grade cut-off: 3.9 MT @ 1.1 g/t Au and 6.4 g/t Ag 131,302 Oz. of gold and 800,000 Oz. of silver ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 6
Slide 8: Lighthouse
Lighthouse Explored by large companies including Kennecott, Penarroya, Esso Australia, Battle Mountain, CRA, WMC, Aberfoyle, Plutonic, Newcrest 15 prospects identified within the licence, including breccia- hosted, IRGS and structurally- controlled gold and silver deposits 27 km by road from the nea
Slide 9: Plateau – between multi-million-ounce gold mines
Plateau – between multi-million-ounce gold mines Charters Towers Gold Mine Hadleigh Castle Ravenswood Black Jack Gold Mine active processing plant Disraeli Gold Mine plant (C&M) Mt Leyshon Gold Mine Highway Reward Copper Mine Plateau gold deposit Pajingo active processing plant ROCKFIRE RESOURCES IN
Slide 10: Plateau Gold Deposit – JORC Resource defined
Plateau Gold Deposit – JORC Resource defined 300 m long 700 m 200 m deep deep Central Breccia Eastern Breccia looking east looking northwest Using a 0.2 g/t Au low-grade cut-off: Using a 0.5 g/t Au low-grade cut-off: 11.4 MT @ 0.6 g/t Au and 4.0 g/t Ag 3.9 MT @ 1.1 g/t Au and 6.4 g/t Ag 208,278 Oz.
Slide 11: Plateau Gold Deposit – Open Pit Potential
Plateau Gold Deposit – Open Pit Potential Open pit potential for low-medium grade gold down to 70 m depth. CENTRAL BRECCIA EASTERN BRECCIA 4 m @ 2.6 g/t Au (PL004) 10 m @ 1.83 g/t Au (PL103) 4 m @ 3.9 g/t Au (PLP145) 11 m @ 2.04 g/t Au (PLP127) 22 m @ 1.8 g/t Au (BPL002) 15 m @ 1.34 g/t Au (PLP128)
Slide 12: Plateau Gold Deposit – Preliminary Scoping Study
Plateau Gold Deposit – Preliminary Scoping Study Net positive cash flow indicated • Net positive cash flow ranging from AUD $6.8m to AUD $19.4m (GBP £3.7m to GBP £10.7m) • Multiple targets within the proposed pit outlines are yet to be drilled. Numerous opportunities to increase gold ounces with add
Slide 13: Plateau Gold Deposit – Expansion potential
Plateau Gold Deposit – Expansion potential ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 12
Slide 14: Plateau Gold Deposit – Expansion potential
Plateau Gold Deposit – Expansion potential Gravity data collected in June 2021 300 m Gravity “High” anomaly ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 13
Slide 15: Lighthouse – tenement-wide, high grade prospects
Lighthouse – tenement-wide, high grade prospects Jeddah Continuous rock samples: 10 m @ 1.68 g/t Au Bell Rock High grade rock samples: 23.4 g/t Au, 7.3 g/t Au, 5.8 g/t Au Split Rock High-grade rock samples: 3.5 g/t Au, 38 g/t Ag, 11.3 % Cu Double Event Drilling results: 3 m @ 10.04 g/t Au Lower Ligh
Slide 16: Copperhead
100% owned by Rockfire Copperhead Listed in the United States Geological Survey (USGS) “GLOBAL MINERAL RESOURCE ASSESSMENT Porphyry Copper Assessment of Eastern Australia” (listed under it’s historical name of Julivon Creek) Scientific Investigations Report 2010-5090-L Dated 2014 ROCKFIRE RESOURCES
Slide 17: Copperhead Copper Deposit
Copperhead Copper Deposit 13 companies have explored 200 km to Australia’s largest 5 drillholes in 1972 intersected historically, including CRA (1963- copper refinery, owned by visible copper minerals from 64), Carpentaria (1970-72) and Glencore Australia surface to a maximum depth of WMC (1988-89)
Slide 18: Copperhead Copper Deposit
Copperhead Copper Deposit Geological mapping by Carpentaria identified sheeted quartz veins, with visible copper minerals. ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 17
Slide 19: Copperhead Copper Deposit
Copperhead Copper Deposit Drilling in 1972 tested a strike of approximately 400 m within a 3.0 km long x 2.0 km wide soil anomaly Intermittent sampling of core in 1972. A sample was taken periodically down hole. No continuous core sampling Cu ppm Highest grades in core sampling were 2.8 % Cu, 12 g/t
Slide 20: Copperhead Copper Deposit
Copperhead Copper Deposit Helimag survey completed in December 2020 ➢ line spacing 40 m ➢ height of 35 m Important fracture intersections have been outlined where high-grade copper may be N concentrated An extended high- density fracture pattern has been identified to the south and east of historica
Slide 21: Copperhead Copper Deposit
Copperhead Copper Deposit Tracks have been re- established to gain access to historical drilling sites. 500 m The current drilling will include verification of copper grades, extension to the east and south and at depth current drill position 23/08/2021 Trace of historical drill hole ROCKFIRE RESOUR
Slide 22: Copperhead Copper Deposit
Copperhead Copper Deposit Drilling to verify historical grades and to extend drilling at depth to test higher magnetism Cross section Stronger magnetic response looking towards the west, showing magnetic response ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 21
Slide 23: Copperhead: copper-rich veins
Copperhead: copper-rich veins Copper is being regularly encountered in our current diamond drilling ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 22
Slide 24: Copperhead: copper-rich veins
Copperhead: copper-rich veins Copper is being regularly encountered in our current diamond drilling ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 23
Slide 25: Copper Dome
100% owned by Rockfire Copper Dome Listed in the United States Geological Survey (USGS) “GLOBAL MINERAL RESOURCE ASSESSMENT Porphyry Copper Assessment of Eastern Australia” (listed under it’s historical name of Mt Leslie) Scientific Investigations Report 2010-5090-L Dated 2014 ROCKFIRE RESOURCES INV
Slide 26: Copper Dome Copper Deposit – large-scale, under-explored
Copper Dome Copper Deposit – large-scale, under-explored Historical workings exist 23.4 % Cu, 952 g/t Ag and 2.0 km x 1.0 km soil with collapsed shafts being 3.2 g/t Au are the highest-grade copper anomaly, delineating a testimony to high grades rock samples collected by large-tonnage target Rockfir
Slide 27: Copper Dome Porphyry Copper Deposit
Copper Dome Porphyry Copper Deposit Drillhole Mapped surface outcrop Copper in stream sediments (ppm) ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 26
Slide 28: Copper Dome Porphyry Copper Deposit
Copper Dome Porphyry Copper Deposit 5 km 5 km Rockfire’s helicopter magnetics RTP Helicopter magnetics 1VD (Reduced to Pole) (1st Vertical Derivative) ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 27
Slide 29: Copper Dome Porphyry Copper Deposit
Copper Dome Porphyry Copper Deposit ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 28
Slide 30: Rockfire Resources – Summary
Rockfire Resources – Summary Exploring in proven Two large-scale Commodity gold and copper porphyry copper exposure to Au, Cu, mineralised areas projects Ag and base metals 208,000 ounces of Highly experienced Targeting a maiden gold & 1.5M ounces and determined JORC copper of silver at Plateau boar
Slide 31: Rockfire Resources plc
Rockfire Resources plc LON:ROCK www.rockfireresources.com rockfire@yellowjerseypr.com 201, Temple Chambers 3-7 Temple Avenue London, EC4Y 0DT United Kingdom ROCKFIRE RESOURCES INVESTOR PRESENTATION AUGUST 2021 30