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www.rrrplc.com
RED ROCK RESOURCES plcCorporate PresentationL o n d o n S t o c k E x c h a n g e A I M L i s t e d : R R R
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DISCLAIMERThese 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 theyshould not be relied on in connection with a decision to purchase or subscribe for any such securities. The Slides and the accompanying verbal presentation do not constitute arecommendation regarding any decision to sell or buy securities in the Company. If any person is in doubt as to the contents of this presentation, or wishes to obtain advice as to theinvestment merits of the Company’s securities, he should seek independent advice from a person who is an authorized financial services provider.
No reliance may be placed for any purpose whatsoever on the information contained in the Slides and the accompanying verbal presentation or the completeness or accuracy ofsuch information. The information contained in these Slides and the accompanying verbal presentation is in the public domain, however no representation or warranty, express orimplied, is given by or on behalf of the Company, its shareholders, directors, officers or employees or any other person as to the accuracy or completeness of the information oropinions contained in the Slides and the accompanying verbal presentation, and no liability is accepted for any such information or opinions (including in the case of negligence, butexcluding any liability for fraud).
The Slides are not for distribution in, nor do they constitute an offer of securities for sale in, any jurisdiction where such distribution or offer is unlawful. The distribution of the Slidesin some jurisdictions may be restricted by law and persons into whose possession this document comes should inform themselves about and observe any such restrictions.
Statements made in the Slides and accompanying verbal presentation may include forward-looking statements that necessarily involve risks and uncertainties. Forward-lookingstatements may generally be identified by the use of terminology such as “may”, “will”, ”expect”, ”intend”, “plan”, “estimate”, “anticipate”, “believe”, or similar phrases. Other thanstatements of historical facts, all statements, including, among others, statements regarding the future financial position of the Company, business strategy, projected levels ofgrowth in its market, projected costs, estimates of capital expenditures and plans and objectives of management for future operation, are forward-looking statements. The actualfuture performance of the company could differ materially from these forward-looking statements. Important factors that could cause actual results to differ materially from theseexpectations including known and unknown risks. Undue reliance should not be placed on these forward-looking statements.
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Highlights• Mining and Petroleum Assets• Focus on Near-Term Cash Generation• Diverse Commodity Exposure• Flat Cost Structure• Bottom of Cycle Opportunities Available• Well Positioned for Outperformance
PRIMED FOR GROWTH
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Ivory Coast/ Benin
Migori Gold PgtKenya
Shoats CreekUSA
Four PointsColombia
Jupiter MinesSouth Africa
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DIVERSE ASSET PORTFOLIO
Greenland
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RRR Revenue Outlook
Colombia Note
Shoats Creek
Share Buyback Feb ’17Potential 2nd Buyback Summer ’17Exit Planned via Sale or IPO
Jupiter Buyback/Exit
Colombia Royalty$3M total Value2017 Production Est: 15,000 oz2018 Production Est: 25,000 ozPayable to RRR Quarterly
Ongoing Disposal$1m in ValueInterest Due May ’17Note Due May ‘18
Interests in LM20, LM19, LM9, LM13LM20 In Production – LM21 PlannedAdditional Workovers May be Identified
MULITPLE INCOME SOURCES
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C O R P O R AT E T R A N S A C T I O N S
JVs and Partnerships
Asset Trading / Disposals
Royalties
O I L A N D G A S
Cash Generative
Onshore USA
M E TA L S A N D M I N I N G
Large Upside Potential
Multiple Commodities
JORC Resources
Blue Chip Investments
Business Model
IDENTIFY – DEVELOP - MONETISE
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Jupiter Mines
Manganese Producer – South AfricaIron Ore Assets- Western Australia
RRR: 1.2%
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Jupiter Mines• Leading Global Manganese Producer – 5th Largest• One of Largest and Shallowest Resources Worldwide • 163MT @ 37.1% Mm + Top Cut of 145MT @ 31.58%• Experienced Management Team • Simple Drill/Blast + Load/Haul Mining• 8km Private Rail Siding Loop (5mtpa) – Exports from 4 Ports
JMS Alone Supports RRR Market Cap
60 Years Life of Mine – 418Mt Resource
Reliable On Site Power Generation
Well Established Offtake ChannelsLocated in Kalahari Basin – South Africa
3MtpaProducing:
Capacity of 3.6Mtpa Production
49.9% Nstimibintle Mining 37.1%OM Holdings 13%
JMS Stake in Tshipi Mine
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Jupiter Investment
25MShares
1.2%Stake
JMS Exploring Strategic OptionsPotential IPO Possible Disposal of TshipiBOAML Evaluating
£8.3MValuation
Initial Buyback Completed£437k to RRR Feb ’17 Additional Buybacks Planned
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Shoats Creek• 1,670 acres Beauregard Parish, LA, USA• Targeting Lower FRIO Sands • Low Cost Onshore Vertical Wells • Multiple Field and Operator Issues in 2016• Management Changes at Mayan Energy plc • Renewed Development Expected
COMING INTO FOCUS
RRR Interests:1 x New Well – LM203 x Reentries – LM19/9/132 x Planned New Wells
20%WI14.4%NRI
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Four Points Mining
Gold Producer and Toll Milling –Antioquia – Colombia
RRR: Ongoing Disposal
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Four Points Mining• High Grade Gold mine and Mill at El Limon, Colombia• Operated by Para Resources (CVE:PBR)• Ore Sourced from Mine + Regional Suppliers• Completed Upgrade Program – Mill to 200tpd+• ~1,000 oz produced in 2016• 15,000oz Targeted in 2017 and 25,000oz in 2018• RRR with $3m Royalty + $1m Secured Promissory Note
INVESTMENT PAYING OUTRoyalty Estimates to RRR2017: $227,0002018: $401,0002019: $580,000
Avg Grade:8 g/t
Break Even:$450/oz
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Investment Overview
SIGNIFICANT UPSIDE POTENTIAL
Goldstone Resources(AIM:GRL)
MiningMigori Gold Project
MiningIvory Coast
MiningElephant Oil
Oil & GasMelville Bugt
MiningRegency Mines
(AIM: RGM)
Mining + Oil & Gas
Projects in the Ashanti Gold Belt in Ghana
Additional Initiatives Expected
Gold1.2m Oz Gold JORC Resource
Kenyan Greenstone BeltLicense Dispute in ProgressResolution Expected Soon
GoldEarly Stage Gold Exploration
Underexplored with Huge Potential
Birmian Greenstone Belt
GoldOnshore Exploration – BeninUnderexplored West African
Transform MarginRecent License Extension
Oil67MT Iron JORC Resource
North GreenlandProject on Care and
Maintenance
IronMulti-Project Natural Resource
DeveloperInvestment in Horse Hill
Base Metals
Various
RRR:7.93% RRR:75% RRR:100% RRR:5.11% RRR:60% RRR:0.35%
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More Information• AIM Listed in 2004 • Spun Out of Regency Mines plc• Originally Focussed on Gold & Steel Feed• Evolved into Diversified Natural Resource Play• Market Cap of £2.8m
467,325,740 SHARES OUTSTANDING