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Rocky Mountain Resources Corp.
Bill Radvak
President & CEO
March 2010
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Rocky Mountain Resources Corp.Rocky Mountain Resources Corp. (RKY) will strive to maintain the information in this presentation in an accurate and
timely manner. However, the information contained in this presentation should not be solely relied upon when making
investment decisions. RKY does not warrant or make any representations as to the accuracy, completeness or content
of this information or any other information discussed or referenced in this presentation. This presentation contains
statements which may be deemed to be "Forward-Looking Statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We may also
make written or oral forward-looking statements in our periodic reports, or in our annual report to shareholders, in ourproxy statements, in our offering circulars and prospectuses, in press releases and other written materials and in oral
statements made by our officers, directors, or employees to third parties. Statements that are not historical facts,
including statements about our beliefs and expectations, are forward-looking statements. These statements are based
on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-
looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of
them in light of new information or future events.
Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important
factors could cause actual results to differ materially from those contained in any forward-looking statement.
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Rocky Mountain Management
Bill Radvak, BASc President, CEO and Director
Mining & Mineral Process Engineering, UBC
Past and Present Director and/or Officer of 10 public companies
Founder, Former CEO, Response Biomedical Corp.
Brian McAlister, BS Chairman
BS Finance, University of Denver
President Cornet Capital; assisted more than 25 companies in fundraising and strategy
Founder of Midway Gold Corp. and Novadigm
Alan Branham, MS, CPG Director
21 years with Newmont Mining, Exploration Geologist
President and COO, Midway Gold Corp.
Bob Cross, BASc, MBA Advisor
20+ years of experience as a financier in the mining and oil & gas sectors
Co-founder and Chairman of Bankers Petroleum, Former Chairman of B2Gold, and
Former Chairman of Northern Orion Resources
Former Chairman and CEO of Yorkton Securities Inc.
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Capital Structure
(TSX:RKY)
Issued 17.9 million Fully Diluted 22.6 million
1.4 million options
3.2 million warrants @ $.40
Market cap $6.8 million
Current share price $0.38 Cash & securities $3.75 M
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Stonegate Agricom is a 72% (undiluted) owned
subsidiary of Sprott Resource Corp.
Paris Hills, Idaho Phosphate Deposit has 304
million tons grading 27% P2O5 Mantaro, Peru Phosphate Deposit is 45 million
tonnes grading at 15% P2O5
Rocky Mountain sold Paris Hills Project toStonegate in 2009 for $1MM and 6MM shares
Stonegate IPO anticipated in H1, 2010
Stonegate Investment
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Vanadium Battery Opportunity
Vanadium
Big metal demand
Longer life cycles 35,000
(30-50 years) Rapid charge and discharge
Low self charge (stays charged)
Easily expandable for large
capacity storage
Low heat generation
Lithium
Small applications
300 life cycles (3-5 years)
Can be compact More ideal for small battery use
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Vanadium Lithium Battery
US Army's Aggressor Battery-Powered Vehicle
Vanadium increases range from40 km per charge to 200
Speeds over 200 km/hr
Superior torque & acceleration
Silent stealth movement
Range up to 400 km per charge
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Wind and Solar Need Vanadium
Power surging into the
grid a problem with solar
and wind
Vanadium batteries the
only battery that can
rapidly charge and
discharge with little effecton the life of the battery
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Vanadium Growth Rate
0
10
20
30
40
50
60
70
2000 2001 2002 2003 2004 2005 2006 2007
Metrictons,
thousands
Annual Vanadium Production
Source: USGS
Steel consumption growing ahead of GDP
Drivers: - Global stimulus spending
- India, China
China to become net importer
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Vanadium Supply
Primary Sources Pig iron slag Ash, residue, spent catalyst Primary Production
Main Producing CountriesSouth Africa 75 Mlb/yrChina 60 Mlb/yrRussia 40 Mlb/yrUS 20 Mlb/yr
No operating vanadium minesin North America
Current V2O5 Price$7 per pound
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Gibellini Vanadium Project
Located 25 miles south of Eureka, Nevada
Scoping study by AMEC suggests 40% IRR
Potentially lowest cost primary vanadiumproducer in the world
Could supply 5% of worlds current demand
for vanadium
Moving towards Environmental Studiesand Feasibility Stage
Next vanadium producer in the world?
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Gibellini Vanadium Property
2,000 acres on BLM land - unpatented
mining claims
100% Rocky Mountain controlled
$145,000 Annual Prepaid Royalty
NSR 2.5%
Previous exploration on the property by
several operators including UnionCarbide and Noranda
Historic exploration drilling > 160 holes
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Vanadium Hill DepositLooking North
Vanadium Hill
Category Tons (x 1000) GradeV2O5 (%)
Pounds V2O5Contained
Total Indicated 18,010 0.339 122 million
Total Inferred 2,839 0.282 16 million
2500 ft
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Vanadium Hill Long Section
GIV-1 GIV-2
GIV-3GIV-4
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Vanadium Hill Cross Section
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Gibellini Project ViewLooking North
Vanadium Hill Deposit
2500 ft
Rich Hill Deposit
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Rich Hill Discovery
10 new holes in old drilling area
Similar geology to Vanadium Hill
Good grade intercepts
Hit multiple vanadium horizons
Mineralization at surface
Open to the south
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Process Flow SheetSulphuric Acid Heap Leach
Ore Delivery
Primary
Crushing
Secondary
Crushing
AgglomerationOre
Curing
Heap
BuildingPreg
Pond
SolventExtraction
Organic
Stripping
BarrenPond
AMV
Precipitation
V2O5Production
Purple
Flake
Production
- 1/2 inch - 2 inch
Oxide 0.25 59.7 63.7
Transition 0.33 66.3 74.1
Sulfide 0.33 52.3 No Test
Recovery
Sample
Head
Grade,
% V2O5
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AMEC Scoping Study
Description Base Case Alternate
Annual Tonnage, short tons 2,000,000 3,000,000
Mine Life, years 9 6
Annual Product, M lb V2O5 10 14Capital Cost, $M 88 94
Operating Cost, $/ton 14.4 14.0
Operating Cost, $/lb V2O5 3.1 3.0
NPV @ 5%, $M 68 89
IRR After Tax 27% 40%
Non-Discounted Value (NDV)$M 198
NDV: -35% Process Cost, $M 270
NDV: +10% Recovery, $M 264
Scoping Study and 43-101
Technical Report by AMEC,
Oct 2008
Purposes of the Scoping Study:
Evaluate options for development,
preliminary mine production
plans, cost estimates +/- 30%,
preliminary project economics
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Milestones and Target Dates
Submit EA to BLM for mine permits Q4 2010
Complete Feasibility Study Q2 2011
Permits granted Q4 2011
Construction begins Q1 2012
Production Q4 2012
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Competitive Advantages
Lowest cost & easiest vanadium mining operation
Favorable geology Open pit with 1:4 (waste:ore) strip ratio
Heap leach with minimal, if any, crushing
Low capital and low risk
Best mining jurisdiction
Right size orebody cap costs, marketability
First to production
Strategic exits
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Contact Information
Bill Radvak
President & CEO
Suite 1028, 550 Burrard Street
Vancouver BC CanadaV6C 2B5
www.rkyresources.com
Office (604) 488-5417Cell (778) 888-4101
Fax (604) 681-4692
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