A Productive Past An Exciting Future' - PowerPoint PPT Presentation

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A Productive Past An Exciting Future'

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Several areas are open along strike in addition to new discoveries in the ... Prior to 1982, worked in the gold mill of Pamour Porcupine Gold Mine (Noranda Inc. ... – PowerPoint PPT presentation

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Title: A Productive Past An Exciting Future'


1
A Productive PastAn Exciting Future.
2
2009 Gold Exploration Program
3
Excellent District Position
4
Exploration Potential
  • Several areas are open along strike in addition
    to new discoveries in the Geraldton/Beardmore
    Camp
  • Parallel structures to Northern Empire Mine
  • Leitch-Sand River gold mine property
  • Nortoba-Tyson gold veins
  • Hardrock Project (funded by Premier Gold as
    operator)

5
Beardmore Camp
6
Northern Empire Gold Mine Property
7
Northern Empire Airborne Survey
8
Northern Empire Exploration Targets
9
Northern Empire Exploration Program
10
Northern Empire New Structure
11
Main Structure
12
TSXV RMK
13
TSXV RMK
14
TSXV RMK
15
Leitch-Sand River Mine
  • Leitch-Sand River Mine (Now 100 owned)
  • Historical production of 847,000 ounces with an
    average grade of 0.92 ounces per ton
  • Records show that as the mine went deeper, both
    the grades and width increased
  • Below 30th level, some intercepts showed grades
    exceeding 2 ounces per ton over 2 feet
  • Roxmark consolidated land package in 2009

16
Leitch-Sand River Property
17
Leitch-Sand River Property
18
Leitch-Sand River Mine
  • Leitch-Sand River Mine (Now 100 owned)
  • Historical Resource 737,000 ounces of gold
    (2,336,000 tons grading 0.315 ounces per ton)
  • Development targets based on historic production
    data
  • Surface drilling - 16 vein 3.02 oz/t Au over 4
    feet
  • 8th level drift assays grading 1.53 oz/t Au
    over 0.62 feet with a 822 foot strike.
  • 30th level drift assays grading 1.47 oz/t Au
    over 2 feet with a 280 foot strike
  • 30th level diamond drill hole intersected 2.04
    ounces per ton gold over 2 feet (about 100 feet
    below level).

non-NI43-101 compliant
19
Leitch Mine 3D model
20
Nortoba-Tyson Gold Property
21
Nortoba-Tyson Gold Property
  • Drilling Highlights (2008)
  • Significant gold intersections
  • NT08 01 Vein No. 2 10.1g/t over 0.50 m
  • NT08 02 Vein No. 2 8.8g/t over 0.30 m
  • NT08 03 Vein No. 2 12.4g/t over 0.70 m
  • Grab samples (2006) from the bottom of the
    previous bulk sample area assayed at values
    ranging from 0.17 to 7.64 oz/t Au.
  • Historical bulk sample (1964) produced 139 ounces
    of gold from a 135 ton sample, an average of 1.03
    oz/t Au.

22
Premier Gold/Roxmark Joint Venture
23
A Productive PastAn Exciting Future.
24
Forward-Looking Statements
  • Certain information in this presentation contains
    forward-looking statements that are based on the
    Company's current expectations and estimates
    which it believes, expects or anticipates will or
    may occur in the future (including, without
    limitation, statements regarding the Company's
    plans with respect to the exploration and
    development of the Nortoba-Tyson property).
    Forward-looking statements are frequently
    characterized by words such as "plan," "expect",
    "project", "intend", "believe", "anticipate",
    "estimate" and other similar words or statements
    that certain events or conditions "may" or "will"
    occur, and include, without limitation,
    statements regarding potential mineralization and
    resources, exploration results and future plans
    and objectives of the Company. Such
    forward-looking statements involve known and
    unknown risks, uncertainties and other factors
    that could cause actual events or results to
    differ materially from estimated or anticipated
    events or results implied or expressed in such
    forward-looking statements. Factors that could
    cause such differences include changes in world
    gold and molybdenum markets and equity markets,
    changes to regulations affecting the Company's
    activities, uncertainties relating to the
    availability and costs of financing needed in the
    future, the uncertainties involved in
    interpreting drilling results and other
    ecological data, delays in the development of
    projects and the other risks involved in the gold
    and molybdenum exploration and development
    industries. Any forward-looking statement speaks
    only as of the date on which it is made and,
    except as may be required by applicable
    securities laws, the Company disclaims any intent
    or obligation to update any forward-looking
    statement, whether as a result of new
    information, future events or results or
    otherwise. Forward-looking statements are not
    guarantees of future performance.

25
Investment Highlights
  • Targeted 20,000 ounces annual gold production
    from Northern Empire Mine starting 6 months from
    close of financing 10 million
  • Additional potential of 79,000 ounces annual gold
    production from Leitch-Sand River mine beginning
    in 4 years
  • Increasing grades at depth
  • 30 carried interest in Hardrock project, 1
    million ounce historical gold resource

26
Share Structure (TSXV-RMK)
27
Roxmark Mining Team
  • Philip F. Cunningham, Chairman, Director. Former
    Executive Vice President of Mackenzie Financial
    Corp. and Chairman of Mackenzie Financial
    Services Inc.
  • Monir Younan, President, Director. Has over 35
    years of experience in mining in Canada,
    including exploration, development and operation
    for both gold and base metal mines, including 16
    years at Nanisivik Mines Ltd and 5 years at
    Chibex Ltd. He holds a B.Sc. in mining
    engineering.
  • Paul Brugger, P. Eng., Consulting Engineer. Has
    over 33 years of mining experience. From 1994 to
    present under contract with Barrick Gold Corp.
    From 1986 to 1992 was project manager supervising
    the reopening of the Northern Empire Mine.

28
Roxmark Mining Team
  • Peter Bevan, P.Eng., Independent Consulting
    Mining Geologist. Has over 44 years of experience
    in surface and underground mining.
  • Glenn Hart, Staff Geologist. Has been with
    Roxmark since 2006
  • David Salari, P Eng Consulting Metallurgist of
    DENM Engineering. Has over 25 years of experience
    in the mining and mineral processing field.
  • Richard Robert, Mill Superintendent from 1982 to
    1992 and also since 2006. Prior to 1982, worked
    in the gold mill of Pamour Porcupine Gold Mine
    (Noranda Inc.), a 3000 ton per day mill.

29
Excellent District Position
  • Located in Beardmore-Geraldton mining district of
    Ontario
  • Historic production of over 4 million ounces in
    region
  • Trans-Canada highway passes through property
  • Access to grid power, water
  • Fully operational mill on site
  • Beardmore Township located within one kilometre

TSXV RMK
30
Town of Beardmore
31
Town of Beardmore
32
Existing Mining Infrastructure
  • Established gold camp
  • Underground workings
  • Northern Empire Mine
  • 2,460 foot shaft
  • 28,550 feet of drifts on 10 levels
  • Historical resource 121,000 ounces
  • Leitch-Sand River Mine
  • Leitch shaft 3,006 feet, winze from 19th to 30th
    level to depth of 4,560 feet
  • Sand River shaft 2,656 feet
  • Combined drifts and levels of 59,000 feet
  • Historical resource 737,000 ounces

non-NI43-101 compliant
33
Existing Mining Infrastructure
  • Current replacement value of approximately 100
    million
  • Fully permitted 200 tons-per-day operational mill
    at Northern Empire Mine
  • Upgradable to 1,000 tons-per-day in year 3
    (current replacement value 12 million)

34
Gold Production Plan
  • Northern Empire Mine (100 owned)
  • First six months, build ramp to access NI 43-101
    resource
  • Annual production of 20,000 ounces gold in first
    two years from NI 43-101 resource (Bevan, 2008)
  • Head grade of 0.33 ounces per ton
  • Target historical resource for continued
    production

35
Northern Empire Longitudinal Section
Early Production Area
Open at Depth
36
Gold Production Program Timeline
37
Northern Empire Mine 3D Model
TSXV RMK
38
Northern Empire Mill
A 200 tons per day permitted mill to process gold
and moly expandable to 1,000 tons-per-day. Built
in 1982 - gravity and flotation circuits added in
2005 and 2006.
39
Northern Empire Mill
40
High Grade Historic Production
  • Leitch-Sand River Mine (100 owned)
  • Historical production of 847,000 ounces with an
    average grade of 0.92 ounces per ton
  • Was closed due to a land dispute with the
    neighbour. Roxmark consolidated land package in
    2009
  • Records show that as the mine went deeper, both
    the grades and width increased
  • Below 30th level, some intercepts showed grades
    exceeding 2 ounces per ton over 2 feet
  • Targeted 79,000 ounces annual production

41
Leitch Mine 3D model
Open at depth 4,525 feet
42
Use of Proceeds for Production
43
High Grade Historical Production
Roxmark owns over 95 of past producing mines in
region Total production of 4,097,000 million
ounces
44
Gold Production by Camp
45
Ontario Gold Camps
46
Comparative Mining Depths
Kirkland Lake Abitibi Timmins Red
Lake Hemlo Pickle Lake
Other Mining Camps
Beardmore Mining Camps
Leitch Sand River N. Empire
Explored
Mine Depth
2,460 ft
2,656 ft
Exploration Depth
3,005 ft
3,700 ft
4,000 ft
Potential Discovery at Depth
6,750 ft
7,200 ft
7,500 ft
8075 ft
47
Premier Gold/Roxmark Joint Venture
48
Premier Gold/Roxmark Joint Venture
  • Premier Gold market cap 200 million PG-V
  • 8 million in 2009 exploration by Premier Gold,
    project operator
  • 30 carried interest for Roxmark
  • Historical production from the property was in
    excess of 3.0 million ounces of gold.
  • 50,000 metre drilling program with four drills to
    delineate resources analysts estimate 1.75
    million ounce resource in Q4 09.
  • Open-pit, underground development
  • Interim cash, share payments to Roxmark

49
Investment Highlights
  • Targeted 20,000 ounces annual gold production
    from Northern Empire Mine starting 6 months from
    close of financing 10 million
  • Additional potential of 79,000 ounces annual gold
    production from Leitch-Sand River mine beginning
    in 4 years
  • Increasing grades at depth
  • 30 carried interest in Premier Golds Hardrock
    project, 1 million ounce historical gold resource

50
A Productive PastAn Exciting Future.
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