Sask Rocks 2009
Red Rock Energy Inc. (TSX-V: RRK)May 9, 2009
This presentation may contain forward-looking information including expectations of future production, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income taxes, regulatory changes, and other components of cash flow and earnings. Attendees are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the mining industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.
Attendees are further cautioned that the preparation of financial statements in accordance with generally accepted accounting principles requires management to make certain judgements and estimates that affect the reported amounts of assets, liabilities, revenues and expenses. Estimating reserves is also critical to several accounting estimates and requires judgments and decisions based upon available geological, geophysical, engineering and economic data. These estimates may change, having either a negative or positive effect on net earnings as further information becomes available, and as the economic environment changes.
Reader Advisory:
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Location map Uranium City, SK
Athabasca Basin
Land position at start of 2008
Lake Athabasca
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Cinch Lake workings
Cinch Levels
Cinch Shaft
River Zone Drift
Cinch Ore Zones
Viewed from the South looking North-westerly
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Cinch & Cenex workings
Viewed from the South looking North-westerly
Cinch workingsCenex & River Zoneworkings
Cenex ore zones
River Zone
Cenex workings
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Fusion & River Zones new Drilling
Viewed from the South looking North-westerly
Cenex & River Zoneworkings
Fusion ZoneRRK drill holes
RRK drill indicateduraniferous zones
Uraniferous zones (MOF-1 &MOF-2)
Cinch workings
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Fusion Zone – Closer look
Cross-section viewed from the Southwest looking North-easterlyViewed from the South looking North-
westerly
Uraniferous zones (MOF-1 &MOF-2)
RRK drill holes RRK drill holes
Uraniferous zones (MOF-1 &MOF-2)
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Cenex– Closer look
Viewed from the Northwest looking South-easterlyViewed from the East looking Westerly
RRK drill holes
RRK drill indicated uraniferous zones
RRK drill indicated uraniferous zones
RRK drill holes
Exploration program 2008- 2009
• Drilled total of 11,611.3 m in 42 holes from Feb. 4 to Nov. 26, 2008 - continuous,
• 9,490.1 m in 33 DDH in Fusion Zone, NI 43-101 underway on results, expect completion June 09
• 2,121.2 m in 7 DDH to test the eastern and down-plunge extension of River U zone at the former Cenex mine
• Fieldwork at the RB1, RB2 & RB3 claim blocks and field review of newly acquired ground
• Continued compilation of data into GIS format
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Current Claim Status
RB1
RB2
RB3
RB4
Current Claim Status • RRK initially held 10,762 ha in four claim
blocks (RB1 to RB4)
• Acquisition - 100% interest in 39,594 ha
• Option - 75% interest for U in another 25,539 ha
• Total 75,895 ha
• We are adding NI 43-101 compliant uranium resource to our historic Non 43-101 compliant resource of approx 2,000,000 lbs
• Expect to release two new NI 43-101 reports on different targets in June 2009
• Expanded our prospective land base in the same camp 7.5 times
• Cost of new u308 per pound based on internal estimates of new resource = $3.55/lbs
Conclusion:
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