Rokmaster Resources Corp. · TSXV:RKR
Rokmaster Resources — Investor Presentation (December 2020)
54 slides from Rokmaster Resources's investor presentation, Dec 18, 2020
Slide 1: Revel Ridge Project
ROKMASTER RESOURCES CORP. TSX.V: RKR OTCQB: RKMSF FSE: 1RR1 Revel Ridge Project >9 Million Tonne Gold-Polymetallic Mineral Deposit One of the largest undeveloped precious & polymetallic deposits in B.C. December 2020 J www.rokmaster.com
Slide 2: Cautionary Statement
2 Cautionary Statement This presentation contains “forward-looking information” within the meaning of applicable Canadian securities regulations and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking i
Slide 3: Experienced Team
3 Experienced Team ▪ John Mirko President, CEO & Director: Mr. Mirko has 47 years’ experience in the mining industry and is currently the President of Canam Mining Corporation, President & CEO of Rokmaster Resources Corp. and the former President and founder of Canam Alpine Resources Ltd., sold to V
Slide 4: Experienced Team Cont.
4 Experienced Team Cont. ▪ Mark Rebagliati, P. Eng.,Geological Advisor and Consultant: Mr. Rebagliati is a consulting geological engineer, having held positions with a number of major mining companies. He played a leading role in the discovery of the Mount Milligan, Southern Star and Kemess South po
Slide 5: Location Map
Location Map REVEL RIDGE Revelstoke Hydroelectric Kilometers 0 25 5 10 345 Regional Location Map REVEL RIDGE PROJECT
Slide 6: Revel Ridge Property - 14,277 Ha
6 Revel Ridge Property - 14,277 Ha ▪ Preliminary Economic Assesment (PEA) on Main Zone due 4th quarter 2020 Significant replacement value in todays dollars: ▪ 12.5 km year round road access road off Hwy. ▪ >3 km of underground workings ▪ 41,000 metres of diamond drilling ▪ Mining equipment, undergro
Slide 7: History
7 History ▪ 1865 Placer gold discovered in Carnes Creek ▪ 1896 Roseberry Zone discovered 5 km NW of Revel Ridge Main Zone (“RRMZ”) ▪ 1912 Revel Ridge Main Zone (“RRMZ”) discovered (formerly J&L), underground development ▪ 1924-1927 Porcupine Goldfields underground & metallurgy ▪ 1929-1933 A&E Zone d
Slide 8: History, Cont.
8 History, Cont. ▪ 1952 Asarco option including drifting @ 986 m Level Adit & trenching on south portion of RRMZ ▪ 1962-1965 Westairs Ltd. option, new 830 m Level in 297 metres, drifting and sampling at A&E Zone and Roseberry ▪ 1980-1991 Leased by Pan American-optioned to BP-Selco – 1,300 m drifting
Slide 9: Merits Of The Project
9 Merits Of The Project ▪ Mineral Resource Estimate: Main (gold) Zone tonnes and grade include; RRMZ M&I: 4,200,000 MT / 1,089,000 ounces AuEq @ 8.07 g/t AuEq * RRMZ Inf: 4,562,000 MT / 961,000 ounces AuEq @ 6.55 g/t AuEq * (excludes both the Hanging Wall and Footwall Zone resources). ▪ RRYZ Ind: 76
Slide 10: Current Resource Estimate
10 Current Resource Estimate REVEL RIDGE 2020 MINERAL RESOURCE ESTIMATE(1-7) Class Tonnes Au Au oz Ag (g/t) Ag oz Pb Zn (%) AuEq (g/t) AuEq oz (000’s) (g/t) (000’s) (000’s) (%) (000’s) Measured 1,352 6.13 266 62.8 2,730 2.19 4.09 9.14 397 Main Zone Indicated 2,848 5.33 488 49.0 4,487 1.72 3.11 7.56
Slide 11: Mineral Resource Estimate Notes 1-7
11 Mineral Resource Estimate Notes 1-7 ▪ Note: k = thousands, koz = thousand of ounces 1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral resources can be materially affected by environmental permitting, legal, title, taxation, so
Slide 12: Merits Of The 100% Option
12 Merits Of The 100% Option Option to Purchase Property + Huakan Shares ▪ 5-year Cash Only Option to own 100% ✓ No share payments ✓ No Royalties or retained interest ✓ No minimum work commitments ✓ No back-in-clauses ✓ Tax loss carry forward of approximately C$35,900,000 ✓ Resource Tax Pool of C$18
Slide 13: Merits of the Deal
13 Merits of the Deal ▪ Replication value significantly much higher than the option purchase price. ▪ Open expansion potential - Opportunity to acquire “under the radar” multi-million ounce AuEq asset with tremendous blue sky target based on 80% of undrilled mineralized zones along a 7 – 8 km strike
Slide 14: Geology and Mineralization
14 Geology and Mineralization ▪ The RRMZ is a remarkably continuous, large, tabular, structurally controlled, orogenic gold deposit. The zone averages 2.5 m in thickness over the historically diamond drilled and drifted 1,500 m X 800 m portion. Progressive deformation produces a highly planar minera
Slide 15: Project and Deposit Scale Geology
15 Project and Deposit Scale Geology
Slide 16: Stratigraphic Column and Model of Mineralization
16 Stratigraphic Column and Model of Mineralization ▪ RRMZ: cuts across multiple rocks types but is confined to the one deformation zone. ▪ Orogenic Gold = RRMZ. Structural control by a regional scale shear focuses high sulphide zones, typically with great vertical extent. (ie: 1,900 m at Bralorne -
Slide 17: Isometric Projection of RRMZ Mineral Resource Domains
17 Isometric Projection of RRMZ Mineral Resource Domains – Looking W – 2012 Data Main Zone (RRMZ) Yellowjacket Zone (RRYZ) Hanging Wall Zone Footwall Zone
Slide 18: RRMZ - Styles of Mineralization (Pegg, 1985)
18 RRMZ - Styles of Mineralization (Pegg, 1985) ▪ Banded sulphides on left, footwall. ▪ “Milled” sulphides centre, hanging wall. ▪ Note: No ground Support
Slide 19: RRMZ - Styles of Mineralization (Pegg, 1985)
19 RRMZ - Styles of Mineralization (Pegg, 1985) ▪ Mineralized coarse grained, quartz - sulphide zone. ▪ Note: No ground support.
Slide 20: RRMZ milled and banded gold rich Py, As/Py and Pb-Zn sulphides
20 RRMZ milled and banded gold rich Py, As/Py and Pb-Zn sulphides
Slide 21: RRYZ - Zn-Ag-Pb
21 RRYZ - Zn-Ag-Pb (Note: low iron, pale to red color sphalerite)
Slide 22: RRMZ Up and Down Dip Au Potential
22 RRMZ Up and Down Dip Au Potential
Slide 23: District Scale Au–Ag Occurrences
23 District Scale Au–Ag Occurrences ▪ More than 50 Au-Ag occurrences over 7 – 8 km ▪ Mineralization forming over 1200 m vertical ▪ Common structural and lithologic elements ▪ No. 2 Showing ▪ No. 2 Shaft ▪ 986 m Drift ▪ 830 m Drift ▪ North Zone ▪ Roseberry Zone ▪ A & E Zone
Slide 24: RRMZ - Showing #2 Drill Target Area (Pegg, 1983)
24 RRMZ - Showing #2 Drill Target Area (Pegg, 1983)
Slide 25: RRMZ - No. 2 Shaft Drill Target Area, Raindor Gold Mines 1946
25 RRMZ - No. 2 Shaft Drill Target Area, Raindor Gold Mines 1946
Slide 26: Roseberry & A&E Zones, Target Areas (7 & 6)
26 Roseberry & A&E Zones, Target Areas (7 & 6) ▪ Historic UG workings ▪ Differing stratigraphic position ▪ Similar structural style, deformation zones and linear Au- Ag-Zn-Pb-As zones ▪ 5 - 7 km NW of RRMZ adits
Slide 27: Roseberry & A&E Zones (5 – 6.5 km northwest)
27 Roseberry & A&E Zones (5 – 6.5 km northwest) ▪ Multi gram gold & silver ▪ Structural and stratigraphic style similar to RRMZ J. Oliver & J. Denny, A&E Zone looking east
Slide 28: Exploration Targeting
28 Exploration Targeting ▪ Target higher grade & thicker Au-Ag solids projections using 40 deg. plunges → 050 deg. azimuths ▪ Target Au-Ag volumes below the No. 2 Shaft ▪ Target Au-Ag volumes northwest of 830 m portal ▪ Target “flat” rolls in RRMZ structure ▪ Target possible join of RRMZ and Footwal
Slide 29: RRMZ Historic & Proposed DDH’s
29 RRMZ Historic & Proposed DDH’s
Slide 30: NSR Orientation of Higher Grade Au Zones (RRMZ 2012 Block Model)
30 NSR Orientation of Higher Grade Au Zones (RRMZ 2012 Block Model)
Slide 31: Low Exploration Risk – High Upscale
31 Low Exploration Risk – High Upscale ▪ Relatively short DDH’s. ▪ Untested surface mineralized zones. ▪ Simple target model, planar deformation zone. ▪ “Low hanging fruit” existing mineralized DDH’s with no follow-up. ▪ Historic drilling limited, 315 DDHs: 41,075 m ▪ Approximate 2.0 M AuEq oz “toeh
Slide 32: DDH RR20-11 and DDH RR20-12
32 DDH RR20-11 and DDH RR20-12 ▪ Near continuous mineralized plane. ▪ Down dip now may exceed 500 m below 830 m Level ▪ RR20-11 step out about 90 m ▪ RR20-12 step out about 75 m
Slide 33: DDH RR20-11 288.9 & 289.7 m
33 DDH RR20-11 288.9 & 289.7 m (no assay data available) Banded polymetallic massive sulphides.
Slide 34: DDH RR20-11 292.2 & 292.6 m
34 DDH RR20-11 292.2 & 292.6 m (no assay data available) Banded massive yellow sphalerite RRMZ. Bands of pyrite & arsenopyrite in RRMZ.
Slide 35: DDH RR20-12 340 & 340.7 m
35 DDH RR20-12 340 & 340.7 m (no assay data available) Massive arsenopyrite-pyrite, sphalerite in RRMZ. Banded sphalerite with pyrite + arsenopyrite, minor galena RRMZ.
Slide 36: DDH RR20-14
36 DDH RR20-14 ▪ DDH RR20-14 out of Sectional plane. ▪ Look-for intersection 60 m off plane (about half a soccer pitch)
Slide 37: RR20-14 @ 306 & 307.75 m
37 RR20-14 @ 306 & 307.75 m (no assay data available) Massive sulphides with pyrite, arsenopyrite, sphalerite and galena in RRMZ. Massive sphalerite in RRMZ.
Slide 38: Deposit Scale: Reference to RR20-11 to 12
38 Deposit Scale: Reference to RR20-11 to 12 2012 NSR x Thickness Inclined RRMZ Longitudinal
Slide 39: Drilling “Backwards” Testing RRMZ To North East
39 Drilling “Backwards” Testing RRMZ To North East • Collar azimuth of borehole parallel to dip-direction. • Use rock foliation to deflect rods down, effectively “wedging naturally”. • Boreholes bend or drop onto mineralized plane. • Access large volumes of untested down-dip rock with no UG developm
Slide 40: 2020 Diamond Drilling & 2012 Resource Boundaries
40 2020 Diamond Drilling & 2012 Resource Boundaries
Slide 41: Peer Group Market Cap Comparison - Pure Gold
41 Peer Group Market Cap Comparison- Assigned In Ground (in situ) Gold Value Per Oz. ▪ Pure Gold Mining – Market Cap ~$887 M (Pure Gold Website data Nov. 24, 2020 ) ▪ Madsen Red Lake Mineral Resource approx. 7.2 M Ind. tonnes at 8.9 g/t Au - 2.06 M oz’s Au & 1.9 M Inf. tonnes @ 7.7 g/t – 467 K oz’s
Slide 42: Peer Group Market Cap Comparison - Ascot
42 Peer Group Market Cap Comparison- Assigned In Ground Gold Value Per Oz. ▪ Ascot Resources – Market Cap ~$298 M: Premier Project (Ascot website data Nov. 24, 2020): Indicated: 4.14 M tonnes @ 8.01 g/t Au, 35.1 g/t Ag, 1.1 M AuEq oz’s. Inferred: 5.06 M tonnes @ 5.06 g/t Au, 28.7 g/t Ag, 1.213 M AuE
Slide 43: Peer Group Market Cap Comparison - Skeena
43 Peer Group Market Cap Comparison- Assigned In Ground Gold Value Per Oz. ▪ Skeena Resources – Market Cap ~$500 M Eskay Creek Project (Skeena website data Nov. 24, 2020) ▪ Open Pit Indicated: 12.65 M tonnes, 4.3 g/t Au, 110 g/t Ag; 2.34 M AuEq oz’s. ▪ OP Inferred: 14.42 mill t, 2.3 g/t Au, 47 g/t A
Slide 44: Peer Group Market Cap Comparison - Rokmaster
44 Peer Group Market Cap Comparison, Assigned In Ground Gold Value Per Oz. ▪ Rokmaster Resources Corp. – Market Cap ~$25 M Revel Ridge Project ▪ Measured and Indicated: 4.2 M tonnes, 5.59 g/t Au, 53.4 g/t Ag, 1.87% Pb, 3.43% Zn - 1.09 M AuEq oz’s. ▪ Inferred: 4.56 M tonnes, 4.36 g/t Au, 61.8 g/t Ag,
Slide 45: Q & A: Metallurgy
45 Q & A: Metallurgy ▪ Q: Cost of metallurgy damages project? ▪ A: Recent metallurgical advances showing good results to conventional processing with concentrate offtake sales contracts or on-site POX processing to dore. ▪ A: As the size of a deposit increases, on-site plant unit costs decrease. ▪ A
Slide 46: RR Plant - Small Environmental Footprint
46 RR Plant - Small Environmental Footprint
Slide 47: Total RR Footprint: Small
Small Total RR Footprint 900 vuejg mamas, %, ademog_ 4 ue fures) ~~ jong SX. yoo Ne y Oyo WT) / sudou pooy ssooy due)
Slide 48: A Metallurgy Test Comparison: 2014 vs 2020
48 A Metallurgy Test Comparison: 2014 vs 2020 2014 Flowsheet Schematic – September 2020 Flowsheet Differential or Bulk Zn Fe Schematic – New Batch Procedure Procedures 2014 Sulphide Gold Concentrate 2020 Combined Gold Concentrate • LOW 15.9% Mass Pull: if you feed 2000 tpd, only • HIGH ~48%-62.4% Ma
Slide 49: Pre PEA - Simplified Flow Sheet
49 Pre PEA - Simplified Flow Sheet
Slide 50: PEA - December 2020 Flowsheet
50 PEA - December 2020 Flowsheet
Slide 51: Metallurgy - Summary
51 Metallurgy - Summary ▪ The RRMZ is a complex polymetallic deposit high in arsenopyrite creating a historical challenge in the production of saleable lead- silver, gold and zinc concentrates. ▪ Initial head grades approximately: M&I of 8 g/t Au and Inf. of 6.5 g/t ▪ Process Option 1: ongoing metal
Slide 52: Proposed Work Plan and Budget
52 Proposed Work Plan and Budget Year One: ▪ Conduct initial data acquisition & compilation: $20,000 ▪ Update NI 43-101 PEA: $250,000 ▪ Seek JV and investor partner, marketing $300,000 ▪ Permitting of underground drilling and initial mine: $300,000 ▪ Camp and infrastructure rehabilitation: $200,000
Slide 53: Conclusions
53 Conclusions ▪ Executed on the opportunity to option 100% “under the radar” approximate two million ounce AuEq deposit with very significant exploration upside, proximal to known resource. ▪ Potential for ~5 g/t Au grades + substantial by-product credits from an existing potential 9 M tonnes. ▪ Cu
Slide 54: Share Structure and Contact
54 Share Structure and Contact Trading Symbols: Address: RKR (TSX.V) RKMSF (OTCQB) 1150-625 Howe Street 1RR1 (Frankfurt) Vancouver, BC V6C 2T6 Canada Shares Outstanding: Phone: +1-604-290-4647 Free Trading 71,657,637 Stock Options 5,095,000 Contact: Share Purchase Warrants 28,158,775 Special Warrant
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