Red Rock Resources Plc · LSE:RRR

Red Rock Resources — Regency Mines — Investor Presentation (January 2011)

27 slides from Red Rock Resources's investor presentation, January 2011

  1. Slide 1: Regency Mines - January 2011

    ee ee oS) REGENCY

  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  AIM Listed Company (AIM:RGM)  3 Divisions: Lateritic Nickel and Cobalt Ni/Cu Australia Mining Finance and Technology  Share Price: 7.25 pence  Market Cap: £34.2m  Shares in Issue: 534,192,891 3

  4. Slide 4: Share Price

    Share Price Share Price: 6.4p 4

  5. Slide 5: Lateritic Nickel and Cobalt - PNG

    LATERITIC NICKEL AND COBALT - PNG 5

  6. Slide 6: Mambare Nickel Exploration Project

    Mambare Nickel Exploration Project

  7. Slide 7: Mambare Plateau

    Mambare Plateau •Exploration licence area (EL1390) approx. 584km2 • 181 sub-blocks (1’ squares) • Lateritic Nickel-Cobalt Exploration – tropical laterite deposit x2 Vertical Exaggeration • ~20km north of Kokoda District, Oro Province • 20 km long; 5-7km wide; max. elevation 1200m 7

  8. Slide 8: Geology

    Geology • Laterite profile underlain by tectonic ultramafics • Covered by a protective ash layer (few m) reducing erosion and weathering rates • Nearby Mt. Lamington volcano, Popondetta

  9. Slide 9: DNi Joint Venture

    DNi Joint Venture Aim To combine the Mambare Nickel Laterite property and Direct Nickel Pty Ltd’s (DNi) hydrometallurgical extraction process, and create a management team to develop yjr JV as a substantial producer of Nickel. Project Operating Committee Richard Carlton DNi COO and a professional En

  10. Slide 10: DNi Joint Venture

    DNi Joint Venture Drilling to start in order to define the Mambare resource to JORC standards, then pilot testing of the Mambare deposit and complete a pre feasibility study for the project Key Highlights a) An emerging world class nickel project b) One of the lowest capital cost technologies availa

  11. Slide 11: The Challenge

    The Challenge Problems with HPAL • High capex/opex • Complicated high intensity plants – large scale operations only The DNi team, backed by Teck Resources, has spent years refining the core technology, • More tailings produced licensing a patented chemical process developed to treat than the origin

  12. Slide 12: DNi Joint Venture

    DNi Joint Venture 95% of reagent package (not The plant uses standard materials H2SO4) recycled so leach and is low cost so can start small consumption per tonne 30kg and scale up to meet the needs of the market and the capacity of the resource Low cash operating costs ~$1.8-2.0/lb, before Co Key Fe

  13. Slide 13: DNi JV Programme for 2011

    DNi JV Programme for 2011 •4,000 metre initial drill programme at Mambare •April to Q3 2011 •Aim to prove up JORC Indicated and Inferred (possibly some Measured) Resources • GPR, pits, and other exploration •Budget £2m (50:50 split) 13

  14. Slide 14: DNi JV Programme for 2011

    DNi JV Programme for 2011 General Area of Exploration, showing 2008 drill lines in south of license area, with old drill holes, pits and trenches Background: Red: over 20 degree slope Blue: under 10 degree slope 14

  15. Slide 15: DNi JV Programme for 2011

    DNi JV Programme for 2011 • Close up view of drill areas for 2011 • 200 x 400m grid in N on plateau • 100 x 100m grid infill to S • Next page: 0.8% envelopes of Ni mineralisation 15

  16. Slide 16: DNi JV Programme for 2011

    DNi JV Programme for 2011 16

  17. Slide 17: Nickel and Copper in Australia

    NICKEL AND COPPER IN AUSTRALIA 17

  18. Slide 18: Lake Johnstone - WA

    Lake Johnstone - WA • Approximately 150 kms along strike • Greenstone Belt area, host to many nickel sulphide and gold mines • First phase of drilling completed; Target 1 identifies high Ti and sulphur • VTEM survey completed over Target 1 and 2 newly granted adjacent tenements – awaiting results 18

  19. Slide 19: Lake Johnstone VTEM

    Lake Johnstone VTEM Black outline denotes area flown by VTEM survey following the Jerdacuttup Fault line and magnetics 19

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  21. Slide 21: Slide 21

  22. Slide 22: Drilling WA

    Drilling WA Drill Holes showing best intersects from Target 1 22

  23. Slide 23: Bundarra - Queensland

    Bundarra - Queensland •Granodiorite/hornsfel contact geology, previously mined for copper and gold •Exploration previously done over small areas and not consolidated • Recent Geophysical review has highlighted several oversights in previous exploration. • Reconnaissance Field visit undertaken mid-No

  24. Slide 24: View around Bundarra

    View around Bundarra

  25. Slide 25: Bundarra

    .Bundarra Phase 1 Yellow, Phase 2 Blue and Phase 3 Red, Black dots are historic drill holes

  26. Slide 26: Mining Finance and Technology

    MINING FINANCE AND TECHNOLOGY 26

  27. Slide 27: Historic financing activities and investments

    • Historic financing activities – 3 companies to AIM – one Red Rock Resources plc • £1.3m investment in Oracle Coalfields plc, now worth £1.86m • $6m investment in Direct Nickel Pty Ltd www.regency-mines.com 27

Regency Mines — Investor Presentation (January 2011) on 6ix