IRON BUTTE GOLD PROJECT Nevada Gold Development & Exploration May 2017 TSX.V: REL
Forward-Looking Statements Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company’s control, and that future events and results may vary substantially and materially from what the Company currently foresees. This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Roughrider Exploration Limited, nor shall it or any part of it form the basis of or be relied on in connection with or act as any inducement to enter into any contract or commitment whatsoever. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this presentation or on any other document or oral statement or on the completeness, accuracy or fairness of any such information and/or opinions. No undertaking, representation, warranty or other assurance express or implied is made or given by or on behalf of Roughrider Exploration Limited or any of its directors, employees or advisors, as to the accuracy or completeness of the information or opinions contained in this presentation and, save in the case of fraud, no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements, negligence or otherwise contained or referred to in this presentation. The contents of this presentation have not been approved by an authorized person. Historic Resources Qualifying Statement A Qualified Person has not completed sufficient work to verify these resource estimates. A Qualified Person has not done sufficient work to classify the resource estimates as current mineral resources and the issuer is not treating the resource estimates as current mineral resources. These estimates are unclassified and do not use the 2 categories set out in Sections 1.2 and 1.3 of NI 43-101 as defined by the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”). These resource estimates are only relevant to obtain a reference to gold and silver mineralization potential present on the property. Additional drilling would need to be completed in order to upgrade and verify mineral resource estimates.
Investment Highlights ✓ Iron Butte Gold-Silver Project ❖ Gold in Nevada ✓ Located south of Battle Mountain Trend ✓ Excellent infrastructure ✓ Two historical resource estimates ❖ Historical Resources ✓ Oxide gold and silver mineralization ✓ Open-pit, heap-leach potential ✓ Multiple target zones along 3km strike ❖ Exploration Upside ✓ Untested anomalous gold/mercury ✓ Infill for inadequately tested areas ❖ Other Projects ✓ Uranium option in Athabasca ✓ Zinc option in Sturgeon Lake belt, Ontario 3
Iron Butte Overview ❖ Roughrider Exploration has the opportunity to acquire a 100% interest in the Iron Butte oxide gold-silver project in Nevada ❖ Historical unclassified resource estimate reported 13.3 million tonnes @ 0.664 g/t (313,899 ounces Au) within the oxide horizon as defined by 221 RC drill holes ❖ Extensive upside potential in multiple zones along >3km strike, at depth, within untested zones of anomalous gold +/- mercury rock samples, and around mineralized drill hole intercepts ❖ Roughrider believes there is an excellent opportunity to determine the economic viability of the current oxide gold-silver mineralization identified 4 to date
Iron Butte Location ❖ Iron Butte project is located in Lander County, north-central Nevada, approx. 60km south of Battle Mountain ❖ Project consists of 24 unpatented lode claims, 720 hectares ❖ 100% owned by the vendor ❖ Excellent access and infrastructure with power lines and State maintained roads within 4km of the property 5 ❖ Exploration can be conducted all year
Iron Butte Geology ❖ Mineralization at the Red Ridge zone is outcropping at surface ❖ Three satellite zones (North Zone, South Zone, East Zone) have all intersected similar styles of mineralization ❖ Au‐Ag mineralization is believed to be controlled by N‐S, NNE and E‐W structures ❖ Mineralization is also disseminated between veins, silicified structures and brecciated zones, and can occur proximal to contact zones ❖ Mineralization is thought to be 6 epithermal in nature with some similarities to sediment hosted Carlin type gold systems
Iron Butte Red Ridge 7
Iron Butte Oxide Zone ❖ Cross section shows oxide/sulphide boundary ❖ Shallow, potential for open pit A A’ 8 Alpaca (Cleath) 2010.
Iron Butte Historical Estimates Aurelio 2009 Historical Resource Estimate ❖ Calculated using ID 2 ❖ Block size: 20x20x20 ft ❖ Search radius: 200 ft ❖ Tonnage factor: 12 ft 3 /ton Rick Cleath 2010 Historical Resource Estimate ❖ Calculated using sectional ore boundary interpretations across 19 sections ❖ Section width: 280 ft ❖ Search ellipse: 200 ft x 60 ft 9 ❖ Tonnage factor: 13 ft 3 /ton
Iron Butte Exploration Upside ❖ Over 3 km of additional strike length of mapped N‐S, NNE and E‐W structures ❖ Over 1.5 km of contact zone between the Tertiary volcanics and basement sedimentary rocks ❖ Untested anomalous mercury rock samples in the southeastern part of the property ❖ Higher grade Au‐Ag mineralized veins along strike have not been targeted by historic drilling ❖ East Zone Au‐Ag mineralization remains open in all directions ❖ Oxide mineralization to be targeted at 10 North Zone where numerous Au‐Ag intercepts in sulphide have been returned
Iron Butte Exploration 11 ❖ West-dipping epithermal vein in North Zone
Iron Butte Exploration 12 ❖ North Zone Breccia vein stock work hosted in siltstone
Iron Butte Exploration 13 ❖ South Zone outcrop with sheeted vuggy quartz veins
Iron Butte Terms Roughrider Exploration has the option to earn a 100% interest in the Iron Butte project through the following deal terms: 100% REL ownership Additional Terms: 14 ❖ 2.5% NSR (option to buy down first 1% for $1M, and additional 0.5% for $1M) ❖ $500,000 payable for every 1 million ounces of gold produced ❖ $500,000 payable for every 10 million ounces of silver produced
Iron Butte Exploration Plan ❖ Mobilize field crews to expand the size of the Iron Butte land package ❖ Continue compiling historical data SPRING ❖ Generate a new robust geological model ❖ Plan drill program to confirm historical results, to collect samples for metallurgical studies, and to test exploration SUMMER targets ❖ Conduct infill and exploration drill program ❖ Engage consultant in PEA data collection and related studies, including NI 43-101 compliant resource estimate 2018 15
URANIUM EXPLORATION: Genesis Project - Athabasca Large underexplored land package: 131,412 hectares. Option to earn 85% from Kivalliq Energy Corp. 50 km. Active U Mine RELGENESIS ATHABASCA PROPERTY SEDIMENT ARY Other( KIV) BASIN Total Field Magnetics (TFMag). ➢ Access Priority targets within 60 kilometres of: ▪ Eagle Point uranium mill / McLean Lake uranium mill ▪ All season provincial highway 16 ▪ Infrastructure: airport, fuel, construction supplies, shipping, accommodation
ZINC EXPLORATION: Sabin Project – NW Ontario • 370 km from Thunder Bay, Ontario on paved highway • 10 km from the CNR transcontinental main rail line 17 Option to Earn a 100% interest from Commander Resources Ltd.
Share Structure Investor Information Newsletter Coverage Shares Issued 36.57 M ➢ Hard Rock Analyst , Eric Coffin Options 2.40 M ➢ Casey Research Alert , Marin Katusa Warrants 10.92M ➢ CEO.ca , Tommy Humphries ➢ Gold Newsletter , Brien Lundin Fully Diluted 49.89 M ➢ Money Talks , Peter Grandich 18
Roughrider Recap ✓ Iron Butte Gold-Silver Project ❖ Gold in Nevada ✓ Located south of Battle Mountain Trend ✓ Excellent infrastructure ✓ Two historical resource estimates ❖ Historical Resources ✓ Oxide gold and silver mineralization ✓ Open-pit, heap-leach potential ✓ Multiple target zones along 3km strike ❖ Exploration Upside ✓ Untested anomalous gold/mercury ✓ Infill for inadequately tested areas ❖ Other Projects ✓ Uranium option in Athabasca ✓ Zinc option in Sturgeon Lake belt, Ontario 19
Management and Advisors Scott Gibson, B. Comm., CEO, Director 16 years experience as founder of multiple, successful, resource sector finance and marketing companies including Kitco Gibson Capital. Dave Tupper, P . Geo., VP Exploration Over 30 years mineral exploration experience; 13 years management with Bearing Resources, Valley High Ventures and Solomon Resources. Jasmine Lau, Chartered Accountant, CFO 20
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