Slide 1: Exploring for gold and copper in Australia and Papua New Guinea
(LON:ROCK) Exploring for gold and copper in Australia and Papua New Guinea 1
Slide 2: Disclaimer
Disclaimer Important Information This presentation has been prepared by Rockfire Resources plc (“ROCK” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respect
Slide 3: Rockfire Resources – exploring amongst giants
Rockfire Resources – exploring amongst giants ✓Exploring amongst world-class deposits in Australia and PNG ✓Excellent opportunity for discovery of economic deposits ✓A determined, experienced and successful board of directors ✓Aiming to build a growth company providing returns for investors ✓Low m/c
Slide 4: Rockfire Resources – 10-year gold and copper
Rockfire Resources – 10-year gold and copper GOLD Source: www.goldprice.org COPPER US$/T Source: www.lme.com/Metals/Non-ferrous/Copper ROCKFIRE 4
Slide 5: Rockfire Resources – discovery trend favours juniors
Rockfire Resources – discovery trend favours juniors Junior explorers are responsible for over 70% of all new mineral discoveries. ROCKFIRE 5
Slide 6: Rockfire Resources – company profile
Rockfire Resources – company profile AIM Code: ROCK Ordinary Shares (million) 373.34 Market Cap (£0.0135) £5.05M Cash at 15 Aug 2018 £0.75M Debt at 15 Aug 2018 £0 Shareholder Shares (M) % Michael Somerset-Leeke 51.15 13.70 Nicholas Walley 37.52 10.05 Value Generation/P.& M. Johnson 30.96 8.29 Salida
Slide 7: Rockfire Resources – board of directors and management
Rockfire Resources – board of directors and management • Gordon Hart Chairman Equities and Finance, (+35 years experience) Graduate of Institute of Company Directors Venture Group Equities, GB Energy, Convergent Minerals, Informotion • David Price Managing Director and CEO (FAusIMM) Geologist, (30 y
Slide 8: Australia
Australia ROCK owns 100% of all tenements • ‘Lighthouse’ Breccia-hosted Au/Cu +/- Ag Sits amongst giants • ‘Marengo’ Epithermal Au/Cu, IRGS Historical goldfield (1871) • ‘Copperhead’ Porphyry Cu Included in the USGS ‘Global Mineral Resource Assessment’ ROCKFIRE 8
Slide 9: Papua New Guinea
Papua New Guinea ROCK owns 100% of all tenements • ‘Tripela’ Porphyry Cu Rocks up to 29% Cu at surface • ‘Mount Visi’ Porphyry Cu New discovery, rocks up to 35.5 g/t Au and 4% Cu. ROCKFIRE 9
Slide 10: Lighthouse
Lighthouse Queensland, Australia 636 sq. km. Multiple breccia, epithermal and vein-hosted mineralising systems 10
Slide 11: Lighthouse strategic land accumulation
Lighthouse STRATEGIC LAND ACCUMULATION Regional production +20moz Au ROCKFIRE 11
Slide 12: Lighthouse Plateau Prospect
Lighthouse PLATEAU PROSPECT Open pit mine potential Historical drilling: December 2017 drilling: • 44m @ 2.4 g/t Au • 10m @ 5.0 g/t Au • 22m @ 1.9 g/t Au + 22.3 g/t Ag • 8m @ 3.0 g/t Au (39m downhole) • 14m @ 2.4 g/t Au • 3m @ 4.9 g/t Au • 20m @ 0.5 g/t Au + 2.5 g/t Ag (16m downhole) • 10m @ 1.9 g/t
Slide 13: Lighthouse Plateau Prospect – open at depth
Lighthouse PLATEAU PROSPECT – open at depth ROCKFIRE RESOURCES PLC ROCKFIRE 13
Slide 14: Lighthouse Double Event Prospect
Lighthouse DOUBLE EVENT PROSPECT Rockfire Resources plc 3 kilometres long Lighthouse Project, Double Event Prospect Rock sam pling February 2018 Sam ple Au Ag Pb Pb Num ber ppm ppm ppm % • Gold assays include; 37.7 g/t, 33.3 g/t, BDERS001 19.15 52.70 13,750 1.38 33.1 g/t, 25.9 g/t, 24.3 g/t, 23.5 g/
Slide 15: Lighthouse Double Event Prospect
Lighthouse DOUBLE EVENT PROSPECT Battle Mountain drill results 1987 July 2018 drilling: • 2m @ 13.2 g/t Au • 4m @ 4.65 g/t Au • 3m @ 2.1 g/t Au and 4 g/t Ag (from 23m) • 1m @ 3.93 g/t Au • 4m @ 2.87g/t Au • 4m @ 1.2 g/t Au and 4 g/t Ag (from 24m) • 1m @ 3.25g/t Au • 1m @ 6.0 g/t Au and 30 g/t Ag (fr
Slide 16: Marengo
Marengo Queensland, Australia 180 sq. km. Epithermal and Intrusion- related gold system (IRGS) 16
Slide 17: Marengo two large intrusions
Marengo TWO LARGE INTRUSIONS • One Mile Mountain is undrilled • Historical rocks up to 149 g/t Au • Faults, ring fractures, veining, sulphides and alteration MAPPING JUNE 2018 ROCKFIRE 17
Slide 18: Marengo high grades at surface
SAMPLE Au Ag Cu Cu Marengo HIGH GRADES AT SURFACE DESCRIPTION ppm ppm ppm % BMARS010 3.32 2.1 1,845 0.2 BMARS012 2.92 13.6 1,770 0.2 BMARS013 1.14 2.7 2,060 0.2 BMARS016 2.40 16.7 24 BMARS017 4.11 2.4 456 BMARS019 21.80 21.1 162 BMARS025 2.27 25.9 60 BMARS028 59.40 297.0 110 BMARS029 15.60 165.0 9 B
Slide 19: Marengo One Mile Mountain geophysics
Marengo ONE MILE MOUNTAIN GEOPHYSICS Possible copper porphyry with up to 1-2% sulphides GEOPHYSICS MAY 2018 Gradient Array chargeability high anomaly Possible epithermal vein gold system with silica alteration Gradient Array resistivity low anomaly ROCKFIRE 19
Slide 20: Marengo One Mile Mountain geophysics
Marengo ONE MILE MOUNTAIN GEOPHYSICS Possible top of porphyry copper Dipole-Dipole survey May 2018 GEOPHYSICS MAY 2018 Resistivity Chargeability ROCKFIRE 20
Slide 21: Marengo Homeward Bound Prospect
Marengo HOMEWARD BOUND PROSPECT GEOPHYSICS MAY 2018 Gradient Array chargeability high anomaly Gradient Array resistivity low anomaly ROCKFIRE 21
Slide 22: Marengo ground magnetics
Marengo GROUND MAGNETICS One Mile Mountain Homeward Bound GEOPHYSICS AUGUST 2018 Partially demagnetised alteration aureole ROCKFIRE 22
Slide 23: Copperhead
Copperhead Queensland, Australia 96.5 sq. km. Porphyry Copper 23
Slide 24: Copperhead a large-scale project
Copperhead A LARGE-SCALE PROJECT • 1970 Cu vein discovered at Julivon in 1970 Julivon Prospect • Auger drilling outlined a coherent +100ppm copper- in-soil anomaly in excess of 3km x 2km • 5 holes by Carpentaria +450ppm Cu Exploration in 1972. (weighted average 0.25% Cu + 2.1g/t Ag) +450ppm Cu • Inc
Slide 25: Copperhead a large copper anomaly
Copperhead A LARGE COPPER ANOMALY MODELLING AUGUST 2018 300 ppm Cu ROCKFIRE 25
Slide 26: Copperhead copper plunging to depths beyond 300m
Copperhead COPPER PLUNGING TO DEPTHS BEYOND 300m MODELLING AUGUST 2018 ** Target resource of 200Mt – 300Mt grading between 0.2% and 0.3% Cu 300 ppm Cu ** This is an Exploration Target and the potential quantity and grade is conceptual in nature. There has been insufficient exploration to estimate a
Slide 27: Copperhead opportunity with infrastructure
Copperhead OPPORTUNITY WITH INFRASTRUCTURE • Large, quality water supply • Australia’s largest copper refinery Lake Proserpine 20km from Copperhead There is no certainty that Rockfire Resources will be permitted to utilise any of the Glencore’s Copper Refinery infrastructure shown. Neither the owner
Slide 28: Papua New Guinea
Papua New Guinea New Britain (297.6 sq. km) Porphyry copper/gold 28
Slide 29: Papua New Guinea 'Elephant' territory
Papua New Guinea ’ELEPHANT’ TERRITORY ROCKFIRE 29
Slide 30: Tripela intensely sheared and altered
Tripela INTENSELY SHEARED AND ALTERED ROCKFIRE 30
Slide 31: What we have achieved! What can you expect?
Rockfire Resources what we have achieved! what can you expect? Lighthouse Lighthouse X Geophysics at Plateau (review old geophysics) • RC drilling at Double Event ✓ RC drilling Plateau • Further regional assessment ✓ RC drilling Double Event Marengo ✓ Regional assessment • RC drilling Marengo • Furt
Slide 32: Contact
(LON:ROCK) www.rockfireresources.com Salisbury House, London Wall London EC2M 5PS, England 32