Slide 1: jenna
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Slide 2: Redefining Canada's Iron Ore Industry
Redefining Canada’s Iron Ore Industry Positioned To Become The First HBI Producer In Canada.
Slide 3: Disclaimer
DISCLAIMER The following presentation may include certain “forward-looking statements” within the meaning of applicable Canadian Securities Laws and the United States Private Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in the presentation, includ
Slide 4: Company Overview
COMPANY OVERVIEW Rockex is a Canadian exploration company focused on developing high quality iron ore assets strategically located in areas largely under explored, and that host significant mineral potential - enabling maximum value to the shareholder. The company is listed on the Canadian Secur
Slide 5: Management Team
MANAGEMENT TEAM Armando Plastino - President & CEO Armando Plastino recently retired as the Chief Executive Officer of Essar Global's Canadian subsidiary, Essar Steel Algoma Inc. in Sault Ste Marie, Ontario, after a career spanning nearly 39 years. Mr. Plastino was Chief Executive Officer of Essar S
Slide 6: Board of Directors
BOARD OF DIRECTORS Armando Plastino – President Armando Plastino recently retired as the Chief Executive Officer of Essar Global's Canadian subsidiary, Essar Steel Algoma Inc. in Sault Ste Marie, Ontario, after a career spanning nearly 39 years. Mr. Plastino was Chief Executive Officer of Essar Stee
Slide 7: Board of Directors
BOARD OF DIRECTORS Jon M. Tondeur, P. Eng. - Director Mr. Tondeur graduated from the School of Engineering at the University of Guelph in 1985. Until recently, Mr. Tondeur was a senior partner with Stevenson & Hunt Insurance, and was a driving force in growing the firm into one of Canada’s largest i
Slide 8: Capital Share Structure & Stock Performance
CAPITAL SHARE STRUCTURE & STOCK PERFORMANCE Shares Outstanding 104,802,290 Warrants 42,145,483 Options 4,760,000 Fully Diluted 151,707,773 Share price Year to Date high/low $.01 to $.065 2013 to Share Price Oct 2015 CSE:RXM
Slide 9: Project Overview
PROJECT OVERVIEW Rockex has three 100% owned Iron Ore properties in Northwestern Ontario, including its flagship Eagle Island deposit on its Lake St. Joseph property. Eagle Island has a NI 43-101 compliant resource of 1.287 billion indicated tonnes and 103,000,000 inferred tonnes grading 29% iron, w
Slide 10: Iron Ore Overview
IRON ORE OVERVIEW Once Iron Ore is extracted from the ground and processed, it must be shipped in a marketable form to off takers. Most commonly in North America, this done in the form of Fines or Pellets. Iron Fines Iron Pellets
Slide 11: Hot Briquetted Iron "HBI"
HOT BRIQUETTED IRON “HBI” Currently there are no producing HBI Plants in North America Rockex is positioning to become the first HBI Producer in Canada UNPRECEDENTED OPPORTUNITY FOR Premium Product = Premium Price$ Chorpus Christi Texas - First HBI Plant Under HBI Construction in North America
Slide 12: Why is HBI Superior?
WHY IS HBI SUPERIOR? HBI 94 %Fe N ad PELLETS FINES 659%0\Fé $240/mt Current Price Average 62% Fe $350/mt $89/mt — Current Price October 2014 $110/mt - October 2014 $480/mt $55/mt - Current Price 2011 $80/mit - October 2014 \37/ROCKEX MINING CORPORATION
Slide 13: Why is HBI Gaining Popularity With Steel Producers?
WHY IS HBI GAINING POPULARITY WITH STEEL PRODUCERS? Manufactured from natural iron ore Year-round production Original product Known, consistent chemistry SCRAP METAL HBI Collected from diverse sources Limited collection season Waste product (inclusions) Dissimilar, diverse chemistry
Slide 14: Why Is Rockex' Lake St. Joseph a Strong HBI Candidate?
It begins with a quality ore deposit having metallurgical Why Is Rockex’ characteristics compatible with the requirements for producing HBI. Lake St. Joseph – Access to Multiple Markets Access to an Eagle Island abundance of low cost energy High Quality Project a Strong Fe Candidate for Centrally Lo
Slide 15: HBI Process Flow Chart
HBI PROCESS FLOW CHART Iron Ore => FronFines Natural Gas Feedstock Preparation Process Gas Preparation Reduction Unit Hot/Cold Discharge Hot Briquetting \@7/ROCKEK MINING CORPORATION
Slide 16: HBI Life Cycle
HBI LIFE CYCLE Iron Oxide Pellets, Lumps & Concentrate Direct Reduction Hot Briquetting Transfer — : aT = a 4 Iron & Steel = : Production ——. : 1 a Shipping per IMO guidelines for DRI (A) Soft-loading \@/ROCKEK MINING CORPORATION
Slide 17: Briquette Machine
BRIQUETTE MACHINE Bucket Elevator —_—_ Briquette Machine ——— String Separator —_—_ Screen oor Cooling Conveyor ——— \@/ROCKEK MINING CORPORATION
Slide 18: Project Location
PROJECT LOCATION (:=— (© Tonnycommanity ‘se Prepaed TarsmesionConiore ing lnc Shino tony 4] mney Swern Jaber Co ag - Pickle Lake rz) e Slate Fall & Dinorwic) ss ormert \G7/ROCKEK MINING CORPORATION
Slide 19: Rail Networks & Port Access
RAIL NETWORKS & PORT ACCESS \7/ROCKEX MINING CORPORATION
Slide 20: Project Location & Future Operations
PROJECT LOCATION & FUTURE OPERATIONS The Eagle Island project is approx. 2,592 hectares and includes 13 contiguous claims. The drive from Sioux Lookout to Eagle Island project takes approx. 2.5 hours. The Project is located 100 km NE of Sioux Lookout, and is currently accessed via a logging ro
Slide 21: 43-101 Resources – Eagle Island
43-101 RESOURCES – EAGLE ISLAND Significant 43-101 complaint tonnage is hosted in an folded iron formation with the potential for a large Open Pit Mining Operation. The Eagle Island Resource is: • Over 2.0 km long • 900 m wide at surface • 400 m pit depth • Deposit remains open at depth Signif
Slide 22: Disclaimer
DISCLAIMER The updated Resource Estimate doubles Eagle Island's Indicated Mineral Resource. Rockex Lake St. Joseph Property, Eagle Island Deposit– Summary of the Mineral Resources (Cut-Off of 10% Fe)
Slide 23: Mining - Open Pit
MINING - OPEN PIT Mine Life 30 years Design pit included 512 million tonnes. Average grade of 28.9% Fe Stripping ratio 0.51 : 1
Slide 24: Concentrator South of Eagle Island
CONCENTRATOR SOUTH OF EAGLE ISLAND Mine feed of 17.3 millions tonnes per year at a average grade of 28.9% Mill recovery of 80 % Production of 6 millions of concentrate per year at a grade of 66.3% Fe Concentrate slurry piped to Sioux Lookout
Slide 25: Pellet Plant at Sioux Lookout
PELLET PLANT AT SIOUX LOOKOUT Slurry from the pipeline Slurry de-water and combined with bentonite/limestone Mixed material then hardened by heating using natural gas
Slide 26: HBI Plant at Sioux Lookout
HBI PLANT AT SIOUX LOOKOUT Capacity of production of 4.3 million tonnes of briquettes Briquettes to contain 90-94% total iron (Fe) Access to abundant source of natural gas next to the TransCanada Natural Gas Pipeline Next to railway to access Great Lakes, or West Coast for shipping to North
Slide 27: 2015 Preliminary Economic Assessment
2015 PRELIMINARY ECONOMIC ASSESSMENT $ 9.4 Billion Net Present Value with a 6% discount rate $6.6 Billion Net Present Value with an 8% discount rate 22.5% Internal Rate of Return (pre-tax) 3.7 year pay back Initial Investment of $3.772 billion (not including sustaining capital)
Slide 28: Life of Mine Average Operating Cost Estimate
LIFE OF MINE AVERAGE OPERATING COST ESTIMATE Life of Mine Production: 4.3 million tonnes per year of HBI at a grade of 94% metallization for 30 years.
Slide 29: Direct Employment Opportunities
DIRECT EMPLOYMENT OPPORTUNITIES The study has identified Sioux Lookout as the hub for the project by virtue of the existing infrastructure, transportation rail networks and available workforce. Total Personnel Requirements by Area
Slide 30: Rockex's HBI Advantage
ROCKEX’S HBI ADVANTAGE Large, quality deposit – compatible with HBI technology. Rockex has access to the port in Thunder Bay which provides logistical access to the North American Great Basin and its steel producers. Geographically positioned in proximity to natural gas, rail networks, transmi
Slide 31: Strategic Relationships
STRATEGIC RELATIONSHIPS June 29th, 2015 Rockex recently entered into a Co-operation Agreement with Danieli & C., a large multi-national engineering and technology firm with expertise in the design and construction of HBI plants. Rockex’ management team, in collaboration with Danieli & C., will conti
Slide 32: Next Steps
Next Steps 2015 2016 2017 2018 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Strategic Partnership Feasibility Study Environmental Studies & Permitting Project Construction Commissioning & Production Aboriginal Engagement Management believes ongoing test work and feasibility trade
Slide 33: Re-defining Canada's Iron Ore Industry
loon Ore Oudust We “ Ke-defining Canada r wr \7/ROCKEX MINING CORPORATION
Slide 34: Contact Information
CONTACT INFORMATION Armando Plastino, President & CEO Corporate Office: Thunder Bay Office 580 New Vickers St Thunder Bay, Ontario Canada P7E 6P1 Phone: +1 807 623 0661 Fax: +1 807 623 4221 Email: info@rockexmining.com www.rockexmining.com