Orefinders Resource Presentation 2014 February

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  • RESOURCES INC. TSX-V: ORX www.orefinders.ca February 2014
  • This presentation has been prepared as of February 21, 2014 and contains forward-looking statements relating but not limited to the Companys expectations, plans, intentions and beliefs, under the provisions of Canadian provincial securities laws. Forward-looking information can often be identified by forward-looking words such as anticipate, believe, await, expect, hope, goal, planned, intent, estimate, may, forecast and will or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions, comments or statements about future events or performance. Forward-looking information may include statements regarding the estimation of mineral resources, historical and current exploration results, potential mineralization, potential mineral resources and mineral reserves, historical non-compliant pre-43-101 drilling results, and is based on current expectations that involve a number of business risks and uncertainties, many of which are beyond Orefinders Resources Inc.s ability to control or predict. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves, the grade and recovery of mined ore varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in the price of gold and other commodity prices, poor market conditions, delays in the development of projects and other factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results that could impede planned business objectives for the Company. Potential shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other unpredictable factors that could cause actual results to differ materially from those suggested by the forward-looking statements, and undue reliance should not be placed on such statements and information. Shareholders are cautioned not to place undue reliance on forward-looking information since forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific. These same assumptions, risks and uncertainties contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Orefinders Resources Inc. undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. All currency numbers are reported in Canadian dollars unless otherwise indicated. All scientific or technical information contained on this website has been TSX-V: ORX www.orefinders.ca reviewed and approved by William Yeomans, P.Geo, the President of Orefinders Resources Inc., who is a "qualified person" as defined in National Instrument 43-101 of the Canadian Securities Administrators. 2
  • Bill Yeomans, P. Geo President, CEO and Director Stuart W. Rogers CFO and Director A former corporate/securities lawyer with over 35 years experience in the financial and public markets Stephen Stewart, MBA, M.Sc. VP Corporate Development Currently President and CEO of Colorado Resources Inc. Alex Stewart, B.A., J.D. Chairman and Director A capital markets and finance professional with over 10 years experience specialized in asset evaluation, planning and operations management Adam Travis, B.Sc. Geology - Director Has served as an officer and/or director of technology and resource companies listed on the TSX-V, TSX, and NASDAQ since1987. Founder and former CFO of Prophecy Resource Corp Stephen Dulmage - Director A gold exploration professional with over 27 years of experience in all stages of gold exploration throughout the Americas. Currently a director for Xmet Inc. with extensive exploration and management experience with junior and major mining companies including BHP and IAMGOLD MBA from U of Toronto, M.Sc. from U of Florida, with 10 years experience in mining and real estate Kevin E. Piepgrass, P. Geo, B.Sc. Geology VP Exploration Experience in managing and advancing exploration projects toward feasibility and mining in North and South America and East Africa TSX-V: ORX www.orefinders.ca 3
  • SHARE STRUCTURE as at February 21, 2014 SHARES OUTSTANDING 47,931,143 FULLY DILUTED 53,731,094 OPTIONS ($0.50) 3,275,571 WARRANTS ($0.50) 2,424,951 WORKING CAPITAL ~$1.5 M SHAREHOLDERS as at February 21, 2014 MANAGEMENT & INSIDERS 15.7 M (33%) Jubilee Gold (included above) 14.1 M (29%) Shares in Escrow (included above) 12.7 M (26%) TSX-V: ORX www.orefinders.ca 4
  • Red Lake camp (~25M oz Au past production) Mirado is an advanced stage gold project located within the Kirkland Lake gold district approx. 13 km south of the Larder Lake Cadillac Fault www.orefinders.ca Kirkland Lake camp (>40M oz Au past production) TSX-V: ORX Gold projects in two of Canadas most prolific gold camps: Derlak is located within the Red Lake gold district and1,800 m NE along strike from Claude Resources Incs Madsen mine 5
  • 3,440 acre land package with core asset underlain by 12 patent claims owned 100% by Orefinders Patent claims include surface and mineral rights Year-round road accessibility located 10 km south of the TransCanada Highway >40,000 m of historical surface and underground drilling between 1938 1987 Completed NI 43-101 resource estimate in first exploration season by drilling 40 holes (12,049 m) and incorporating 202 historic drillholes (19,597 m) TSX-V: ORX www.orefinders.ca 6
  • Gold mineralization located near top of Skead volcanic cycle Skead cycle bounded by Iron Formation, mafic and ultramafic volcanics and Temiskaming conglomerates Mirado gold mineralization hosted by calc-alkaline volcanic, pyroclastic and tuffaceous rock Gold mineralization occurs as: Pyritic stockwork (South Zone) Stratabound/shear hosted Au-Ag-Zn-Cu (North Zone) TSX-V: ORX www.orefinders.ca 7
  • Mineral Resource Estimate completed by SRK, Dec. 2013 10,618,000 tonnes containing 442,000 ounces of gold at 1.29 g/t gold* Trenching has identified additional gold mineralization ~200 m along strike Mirado deposit constrained only by available drilling data *For the Mirado Gold Project NI 43-101 Mineral Resource Estimate and technical disclosure, please see page 13 of this presentation. TSX-V: ORX www.orefinders.ca Remains open in all directions 8
  • South Zone North Zone Mirado deposit remains open along strike and at depth TSX-V: ORX www.orefinders.ca 9
  • HOLE # FROM (m) TO (m) INTERVAL (m) GRADE (g/t Au) GRADE (g/t Au) uncut MD13-02 33.10 59.80 26.70 2.42 4.38 MD13-05 150.00 158.75 8.75 5.51 7.50 MD13-12 62.80 62.80 93.00 71.00 30.20 8.20 4.03 10.58 MD13-19 77.00 91.50 14.50 8.10 MD13-28 18.50 50.00 31.50 3.05 10.90 MD13-30 90.30 109.50 19.20 4.77 10.20 incl. TSX-V: ORX www.orefinders.ca 10
  • HOLE # FROM (m) MD13-08 TO (m) INTERVAL (m) GRADE (g/t Au) 73.90 79.30 91.40 82.40 17.50 3.10 2.41 6.68 MD13-10 12.50 16.20 3.70 6.68 MD13-10 114.80 120.30 5.50 4.05 MD13-10 265.20 265.20 284.70 269.70 19.50 4.50 3.65 6.5 and incl. 278.70 284.70 6.00 6.32 MD13-25 48.00 54.00 6.00 6.27 MD13-26 291.50 297.20 5.70 4.31 incl. incl. TSX-V: ORX www.orefinders.ca 11
  • Inferred Stockpile Resources Cut-off Grade (g/t Au) Tonnes North 2.00 12,194 4.71 1,847 Central 2.00 4,011 5.38 693 Stockpile Grade (g/t Au) *Tonnage estimates are based on dimensions of2.74 each South 2.00 4,537 stockpile and a specific gravity of 1.5. TOTAL INFERRED 20,742 4.41 Contained Gold (ounces) 399 2,939 *Mineral resources are not mineral reserves and do not have a demonstrated economic viability. Please see page 15 of this presentation for resource disclosure. Historic Stockpiling overview TSX-V: ORX www.orefinders.ca Sampling of stockpiles from Mirado Pit now completed 12
  • ZONE INFERRED CUT-OFF (g/t Au) TONNES (000s) GRADE (g/t Au) OUNCES Open pit 0.45 9,927 1.18 367,600 Underground 2.00 669 2.90 62,400 Northern Pile 2.00 12 4.71 1,800 Central Pile 2.00 4 5.38 700 Southern Pile 2.00 5 2.74 400 10,618,00 1.29 442,000 TOTAL INFERRED The Mirado Gold Project mineral resource estimation work was completed by Dr. Lars Weiershuser, P.Geo. and was reviewed by Glen Cole, P.Geo., of SRK Consulting (Canada) Inc.. Dr. Weiershuser and Mr. Cole are both independent Qualified Persons as this term is defined in National Instrument 43-101. The full report dated effective October 30, 2013 and titled Mineral Resource Evaluation Technical Report for the