Post on 11-Feb-2017
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INVESTOR PRESENTATION: Q1-2017 Canadian High Grade Deposits | TSX.V: RCU
ONE COMPANY. ONE MINING CAMP. THREE HIGH GRADE METALS.
COPPER | ZINC | GOLD
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This Presentation includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe Rockcliff Copper Corporation’s future plans, objectives or goals, including words to the effect that Rockcliff Copper Corporation or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Rockcliff Copper Corporation, Rockcliff Copper Corporation provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this Presentation includes, but is not limited to, Rockcliff Copper Corporation’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, successful exploration results, successful categorization of mineral resources into mineral reserves, successful development of a feasibility study, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples if potential issues arise, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in Rockcliff Copper Corp.’s public documents filed on SEDAR. Although Rockcliff Copper Corporation believes that the assumptions and factors used in preparing the forward-looking information in this Presentation are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Rockcliff Copper Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Cautionary Note to Investors Concerning Estimates of Historical, Inferred and Indicated Resources This presentation uses the terms Historical, Inferred and Indicated Resources. Investors (Canadian and U.S.) are advised that while such terms are recognized and required by Canadian regulations, the Securities and Exchange Commission does not recognize them. Historical and Inferred Resources have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an historical or Inferred Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Historical and Inferred Resources may not form the basis of feasibility or other economic studies. Both U.S. and Canadian investors are cautioned not to assume that all or any part of Historical, Inferred or Indicated Resources will ever be converted into Reserves and will become upgraded into an economically or legally mineable deposit. Neither Rockcliff Copper Corporation nor its Qualified Persons have done sufficient work to classify the historic estimates in this presentation as current mineral resources under current mineral resource or mineral reserve terminology and are not treating the historic estimates as current mineral resources. The resources in this presentation should not be relied upon.
Ken Lapierre P.Geo., President and CEO of Rockcliff Copper Corporation, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this presentation.
Forward Looking Statements
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Kenneth Lapierre, President, Chief Executive Officer and a Director Kenneth J. Lapierre, P.Geo., is a Professional Geologist with over 30 years of experience in exploration, discovery, production and mining in base metals
and precious metals across North and South America. A member of the Association of Professional Geoscientists of Ontario, Ken is the founder, director
and President & CEO of Rockcliff Copper Corporation (previous Rockcliff Resources and Solviata Gold) since its inception in 2005.
Daniel Crandall, CFO Mr. Crandall is a Senior Manager at Marrelli Support Services Inc., providing CFO, accounting, regulatory compliance and management advisory services to
numerous issuers on the TSX, TSX-venture and other Canadian and US exchanges.
Bruce Durham, Director Mr. Durham is a Professional Geologist, currently President, CEO and a director of Nevada Zinc Corp. (since 2010). Mr. Durham has a career in mineral
exploration for over 30 years in various positions with junior and senior mining companies exploring precious and base metal deposits across Canada,
United States and Africa.
Donald Christie, Director Don has nearly 30 years of experience in Canada’s institutional debt and equity markets. Don served as CFO of Continental Gold Limited, a Colombian-
based gold exploration company and as Chairman of the audit committee of a TSX listed gold exploration company (San Anton Resource Corporation) with
operations in Mexico. Don is presently President & CEO and director of Norvista Capital Corp.
G. Edmund King, Director Mr. King has been Chairman and CEO of MTHIRTY Communications, an internet media company, since May 2004. With expertise in financial communications, he served as the Chairman and CEO of Wood Gundy Ltd. and CIBC Wood Gundy Ltd.
William R. Johnstone, Director William R. Johnstone, with over 30 years of experience in Canadian securities and corporate law, has been a partner at Gardiner Roberts LLP since February of 2005 specializing in securities and corporate law. Mr. Johnstone is also a director and/or officer of several TSXV listed companies and Canadian Securities Exchange listed companies.
Gerald McCarvill, Chairman and Director Mr. McCarvill, with more than 30 years of experience in the financial industry, specializes in global mining and energy private equity and finance
transactions. He held several senior positions with major investment firms including the executive committee of CIBC Wood Gundy. Over the years, he
helped establish many mining royalty companies like Repadre Capital Corporation, now IAMGOLD (TSX: IMG).
Management Officers Directors
EXPLORERS DISCOVERERS MINEFINDERS FINANCIERS
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TSXV-RCU Management/Insiders 25% Market Capitalization ~$14.0M
Retail 60% Cash ~$2.5M
Institutional 10% No Debt
Kinross 5%
52 Week High/Low $0.16/$0.02
Capital Structure
Company Market Capitalization
2014: ~$0.5M
2015: ~$1.5M
2016: ~$15.0M
Shares Outstanding 136,217,784
Fully Diluted 167,419,934
Options 8,741,000 ($0.05-$0.75)
Warrants 22,461,150 ($0.055-$0.11)
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De-risked, ~$25M Raised and Spent in Exploration since 2007, Advancing to Production
Reaching Critical Mass: 6 High Grade VMS Deposits, 1 Royalty, 1 Former High Grade Gold Mine
Superior Metals Grades: Highest Camp Grades in Copper, Zinc and Gold
Profitable: Potential Low Capex/High Margin/High Grade Mines
Clear Exit Strategy: Royalty Stream(s), Carried Interest, Takeover Possibilities
MANITOBA BASED, CANADA
Jurisdiction: Stable, Safe, Ranked #4 in World in 2015 for Exploration and Mining
FF-SL Greenstone Belt: High Grade Copper, Gold, Zinc, Silver (VMS) and Precious Metal Gold Mines
Prolific Mining Belt : 19 of 30 VMS Mines Began Production with Under 2 Million Tonnes
Resource Growth: Average End of Life Mine Reserve Grows by 2.5X from Initial Mine Reserve
FF-SL Mining Camp Boasts a 100 Year Mining History: Base Metal (Cu, Au, Zn, Ag) and Lode Gold
ROCKCLIFF’S SNOW LAKE PROJECT
Rockcliff’s Competitive Advantage
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HIGHEST UNMINED COPPER GRADES
• Talbot Deposit 2.17Mt @ 5.5% Cueq
• Rail Deposit 0.82Mt @ 3.9% Cueq
• Tower Deposit 2.34Mt @ 3.5% Cueq
HIGHEST UNMINED ZINC GRADES
• Morgan Deposit 0.27Mt @ 20.1% Zneq
• Lon Deposit 0.25Mt @ 13.6% Zneq
• Bur Deposit 1.35Mt @ 12.8% Zneq
• MacBride Deposit 1.82Mt @ 9.7% Zneq
HIGHEST GOLD GRADES
• Former Laguna Gold Mine:
+60,000 ounces @ 20.5 g/t gold
Please refer to the cautionary information on current resource and historical estimates on
slide 8 for all deposits. All categories are reported above (43-101 and historical resources).
Rockcliff’s Snow Lake Project Growth in High Grade Copper, Zinc, Gold, Silver Resources
MacBride
Deposit
ALL DEPOSITS OPEN FOR EXPANSION
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*Please refer to the cautionary information on current resource and historical estimates on
slide 8 for all deposits. All categories are reported above (43-101 and historical resources).
Historical resources cannot be relied upon. MacBride deposit located in Leaf Rapids, MB.
Rockcliff Combined
All-In Project
Resources*
+9.0Mt @ 4.8% Cueq
or
+9.0Mt @ 12.5% Zneq
• 415,929,857 lbs Cu
• 910,140,483 lbs Zn
• 248,662 oz Au
• 5,425,516 oz Ag
Rockcliff's Snow Lake Project: Reaching Critical Mass COPPER ZINC GOLD SILVER
(12.8%Zneq)
(60,000oz
@ 20.5 g/t gold)
(13.6%Zneq)
(3.5%Cueq)
(5.5%Cueq)
(3.9%Cueq) (20.1% Zneq)
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ROCKCLIFF’S SNOW LAKE RESOURCES High Grade Resources In One Mining Camp
*The Talbot report completed by RPA dated January 26, 2016 and press released February 3, 2016. CIM definitions were followed, 2.0% copper cut-off was used with US$3.50
copper, US$1450 gold, US$1.25 zinc and US$22 silver. Metal recovery for copper was 95%, gold at 70%, zinc at 85% and Silver at 65%. Mineral Resources are not Mineral
Reserves and do not have demonstrated economic value. **The Rail Deposit report completed by SRK Consulting dated December 19, 2012 and press released December 21,
2010. CIM definitions were followed, 2.0% copper cut-off was used with US$3.00 per pound and a metal recovery of 80% without considering revenues from other metals. Mineral
Resources are not Mineral Reserves and do not demonstrate economic viability. ***The Tower (T-1) deposit report completed by CCIC Inc. dated January 20, 2013 and press
released December 6, 2012. CIM definitions were followed, 0.5% copper cut-off was used using US$3.63 per pound. Mineral Resources are not Mineral Reserves and do not have
demonstrated economic value.****The Lon, Bur, Morgan and MacBride deposits are historical deposits. The reader may refer to the Lon deposit press released October 31, 2007
and the Bur deposit press released September 29, 2016 and the Morgan deposit press released November 22, 2016 and the MacBride deposit press released December 1, 2016.
An internal report was completed by Granges Inc. in 1993 for the Lon deposit, Manitoba Government reports in the 1990s for the Morgan deposit and an internal report by Knobby
Lake Mines in 1977 for the MacBride deposit, however not all of the parameters used, assumptions made and methods used to prepare the historic estimates are not known at this
time. A public report was completed by Hudbay in 2007 and filed on SEDAR for the Bur deposit. Its parameters are known. Additional drilling would be required to upgrade all
historical resources to a current Mineral Resource as the historic information does not satisfy the requirements set out by NI 43-101. Neither Rockcliff Copper nor its Qualified
Persons have done sufficient work to classify the historic estimates as current Mineral Resources and are not treating the historical estimates as a current Mineral Resource. The
reader is cautioned that the Lon, Bur, Morgan and MacBride historical resources should not be relied upon as they do not satisfy current Mineral Resource or Mineral Reserve
terminology. *****Copper and Zinc equivalent grades were estimated for historical resources using US$2.35 copper, US$1300 gold, US$1.15 zinc and US$20 silver for the Bur
deposit and US$2.50 copper, US$1300 gold, US$1.15 zinc and US$20 silver for the Lon, Morgan and MacBride deposits.
Rockcliff's NI 43-101 Compliant Resources – CIM Standards Used
DEPOSIT TONNES COPPER-% GOLD-g/t ZINC-% SILVER-/g/t Copper Equivalent(%)
(*****)
TALBOT-Inferred Total* (earning up to 51%) 2,168,300 2.8 2.4 2.2 54.6 5.5%
Rail-Indicated** (100%) 822,000 3.0 0.7 0.9 9.3 3.9%
Tower (T-1)-Indicated***(interest or royalty)
Tower (T-1)-Inferred*** (interest or royalty)
1,084,186
1,253,522
3.7
2.0
0.6
0.3
1.1
1.0
17.3
9.3
4.5%
2.5%
Rockcliff’s Historical Resources**** Zinc Equivalent(%)
(*****)
Morgan(100%)
Lon (100%)
Bur(earning up to 100%)
MacBride(100%)
272,000
250,000
1,352,000
1,820,055
N/A
3.2
1.8
0.3
3.4
0.6
0.1
0.1
15.0
5.2
8.7
8.8
N/A
18.8
11.5
4.5
20.1%
13.6%
12.8%
9.7%
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*Please refer to the cautionary information on current resource on slide 8 for all the Talbot deposit
5Mt Target
Outlook
Talbot
Deposit 3D
Longitudinal
Section and
New Untested
Anomaly (looking west)
TALBOT DEPOSIT*
2.17Mt @ 2.8% Cu, 2.4 g/t Au,
2.2% Zn, 54.6 g/t Ag
(5.5% Cueq) (in pink)
Talbot Deposit: Unmined Copper Deposit: World Class Grades and Open for Expansion
• Deposit Open
• Significant high
grade metal
corridor within
deposit grading
+15% Cueq*
• All large mines
in mining camp
have multiple
stacked lenses
Main Lens High Grade
Conductive Plate
North Lens
Conductive Plate
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Talbot Deposit Main Lens
Significant Intervals and Grades
World Class Grades
Copper Zinc Gold Silver
Talbot Deposit: Excellent Continuity, Excellent Grades, Excellent Growth Potential
Width
(m)
Cu
(%)
Au
(g/t)
Zn
(%)
Ag
(g/t)
5.61 4.22 2.10 5.65 69.85
4.10 2.33 1.56 0.90 36.21
1.75 2.67 1.68 2.14 43.53
6.33 3.04 1.05 3.97 44.55
5.74 6.24 9.66 5.86 118.79
4.20 5.32 3.21 3.76 54.67
9.65 13.09 11.45 3.71 193.06
3.15
5.63
6.27
4.43
2.64
3.47
2.13
2.94
4.82
0.62
1.67
2.65
38.12
23.00
57.75
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Talbot Phase 2 Drill Program in Progress 10-15 Holes, 7,500 Metres Planned
1 km
N
North Copper Zone Drill Target
Talbot Deposit: main and north lens expansion,
untested geophysical targets below deposit
Central Drill Target
ZTEM
ZTEM
ZTEM ZTEM SURVEY PLAN VIEW
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• 100% ownership
subject to a 2% nsr
to Hudbay
• Sub-cropping Rail
Deposit open in all
directions
• 61 drill holes in
+15,000 m completed
• 40 km west of 3,000tpd
base metal mill
• Excellent Resource
expansion potential
• Drilling planned in 2017
Rail Deposit 3D
Longitudinal Section
(looking north)
*Please refer to the cautionary information on current resource estimates on slide 8 for the Rail Deposit
Rail Deposit: High Grade Copper-Rich Deposit in Snow Lake Mining Camp
200m
400m
Rail Deposit 3D
Longitudinal Section
(looking north)
surface
5Mt Target Outlook
RAIL DEPOSIT:
IND. 822,000 t @ 3.0% Cu,
0.7 g/t Au, 0.9% Zn, 9.3 g/t Ag
(3.9% Cueq)*
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• Excellent potential for
resource expansion
and discovery
• Historic drilling below
Deposit intersected
high grade copper: 2.1
m grading 5.9% copper
(not in resource)
• DPEM anomaly below
deposit continues to
minimum 1,000 m
vertical: UNTESTED
• 4-6 hole-2,500 m
drill program planned
in 2017
*Please refer to the cautionary information on current resource estimates on slide 8 for the Rail Deposit
deepest historic
hole: 2.1 m @
5.9% Cu
Planned Drilling
Deposit bore-
hole anomaly
FW
Anomaly
Rail Deposit 3D
Longitudinal Section (looking west)
surface
Rail Deposit: Excellent Growth Potential, Excellent Infrastructure, Drilling Planned 2017
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Laguna Gold Mine
+100,000 tonnes @ 20.5 g/t gold
(60,000 ounces recovered)
Map #1
Map #2a, 2b
Snow Lake (location of Hudbay gold mill)
Laguna Gold Property, Snow Lake , MB World Class Gold Camp inside a World Class Base Metal Camp
• Underexplored gold
potential, last drilled in 1944
• no modern exploration
• 6 km long gold mine trend
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• Laguna Gold Mine - 100,000 t @ 20.5 g/t: +60,000 ounces recovered from Laguna vein
• Main Infrastructure - 381 m - 3 compartment vertical shaft, 3.0 km of underground workings
• Multiple shafts - 5 exploration shafts on property
• Multiple veins-multiple additional unmined gold-rich quartz stockwork systems up to 5 m thick
• Strategic Location - 20 km from a 2,150 tpd gold mill
High Grade Surface Grab Sample Results:*
• Gold up to 20 ounces per tonne
• Silver up to 4 ounces per tonne
• Zinc up to 6.2%.
Drilling Planned in 2017
*Grab samples may not be representative of the overall grade of the gold mineralization
Laguna Gold Property High Grade Former Primary Gold Mine: 20.5 g/t Gold Grade
Laguna Gold Specimen on Display at the Royal
Ontario Museum
Target Outlook 1-2.0Mt Grading 20 g/t Gold
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Laguna Gold Property Laguna and Bingo Gold Grab Samples (g/t) Map #1*
Former Laguna Gold Mine
+100,000 tonnes @ 20.5 g/t gold
(60,000 ounces recovered)
Bingo Gold-Rich
Quartz Vein System
Laguna Gold-Rich
Quartz Vein System
Samples across 5 m wide
quartz stockwork
averaged 7.5 g/t gold
*Grab samples may not be representative of the overall grade of the gold mineralization
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Laguna Gold Property Sampling Moosehorn and Ballast Gold Grab Samples (g/t) Map #2a*
First Recorded Gold Production in Manitoba
in 1917 on Moosehorn-Ballast Vein
28.8 tons Grading 4.1 opt Gold
*Grab samples may not be representative of the overall grade of the gold mineralization
Moosehorn-
Ballast Gold-rich
Quartz Vein
Systems
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Laguna Gold Property Kiski Surface Grab Samples (g/t) Preliminary Map #2b*
Multiple High Grade
Gold-Rich Quartz Vein Systems:
Kiski #1, #2, #3 veins
Kiski #1
Gold Vein
Kiski #3
Gold Vein Kiski #2
Gold Vein
*Grab samples may not be representative of the overall grade of the gold mineralization
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Historical Resource, Bur Deposit, Snow Lake, Manitoba
Resource* Tonnes Zn (%) Cu (%) Ag (g/t) Au (g/t)
Indicated 1,050,000 8.6 1.9 12.1 0.05
Inferred 302,000 9.0 1.4 9.6 0.08
*Please refer to the cautionary information on current resource estimates on slide 8 for the Bur Deposit
Bur Property: High Grade Unmined Zinc Deposit in the Flin Flon-Snow Mining Camp
Bur Zinc Deposit Open in All Directions
Under Thin Cover of Overburden
Located 22 km from Hudbay’s Milling
Operations: Road Accessible
5Mt Target Outlook
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• Advanced Property
• Deposit open in all
directions
• Located 22 km from
HBM copper-zinc
concentrator
• Data compilation
ongoing
• Drilling planned for
2017
Bur Zinc Deposit 1,352,000 t @ 12.8% Zneq*
surface
*Please refer to the cautionary information on current resource estimates on slide 8 for the Bur Deposit
surface
Scale 1:2500
Bur Deposit-In 2007 Permitted for a 10,000 Tonne Bulk Sample
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MacBride Property: High Grade Near Surface Unmined MacBride Zinc Deposit within 4.0 km Long Magnetic Trend
MacBride Zinc Deposit: 1,820,055 tonnes @ 9.7% Zneq*
MacBride
Deposit
MacBride
Deposit
Drill Target
Drill Target
Drill Target
Drill Target Drill Target
Drill Target
Drill Target
Drill Target
Drill Target
Drill Target
*Please refer to the cautionary information on current resource estimates on slide 8 for the MacBride Zinc Deposit
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MacBride Property: High Grade Zinc Deposit Adjacent to Magnetic High Corridor with Multiple Undrilled Targets
MacBride
Deposit
MacBride
Deposit
Plan View
MacBride Property
Magnetic Corridor
MacBride Property Target Outlook: 10Mt @ 10% Zneq (2Blbs Zn)
surface
MacBride Property
Longitudinal Section
1km
N
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Rockcliff’s Annual Royalty Estimated at +$1.0M cash for 7 Year LOM
Estimated to Begin in 2018
TOWER T-1 DEPOSIT PROJECT ECONOMICS (Akuna PEA dated Feb., 2016)
Feasibility Study Completion December 2017
Life of Mine 7 years
Production rate 1,080 tonnes
Production grades (avg.) 3.3% Cu, 0.5 g/t Au, 1.0% Zn, 15.5 g/t Ag
Assumed metal recoveries 94.9% Cu, 85% Au, 92% Zn, 83% Ag
Copper concentrate grade 28% Cu
Average operating costs $89.96/t milled including smelter charges
Initial Capex $85.1M (includes $13.5M contingency)
Sustaining Capex over LOM $13.4M
Post tax cash flow $97.15M
Payback 24 months
NPV (8%) $51.5M
Post tax IRR 32.9%
Net payable revenue $379.8M (84% from Cu)
USD/CDN$ $0.76
Metal prices of $2.45 lb Cu, $1100 oz Au,
$0.82 lb Zn, $15.0 oz Ag
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TALBOT PROPERTY: 7,500 m Drill Program (ongoing)
• Talbot Deposit: define continuity of high grade copper corridor
in main lens
• Talbot Deposit: expand north lens along strike
• Talbot Deposit: discover north lens extension below mineralization
• North Copper Zone: drill test below known mineralization
RAIL-LAGUNA-BUR PROPERTIES PLANNED DRILLING IN Q3/4- 2017
2017 Planned Programs: Near Term Deliverables
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Laguna Headframe Cira 1930’s
Rail Property Drilling Laguna South Trench
Rockcliff Gallery
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Rockcliff’s Snow Lake Coreshack Talbot Drill Core
Rockcliff Gallery
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Greg Robinson Talbot Drill Hole #1 Ken Lapierre at Talbot Property
Rockcliff Gallery
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Ken Lapierre P.Geo. President & CEO Email: klapierre@rockcliffcoppercorp.com
Mobile: 647 678 3879
Office: 416 644 1752
Cathy Hume CEO, CHF Capital Markets Email: cathy@chfir.com
Office: 416 868 1079 x231
Contact Information