company presentation may 2020 - rokmaster.com...company presentation ... the scientific and...

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1952 Asarco option with trenching on Main Zone to south 1962-1965 Westairs Ltd. option, new 830 Level in 297 meters 1980-1991 Leased by Pan American-Opioned to BP-Selco, Noranda, Equinox and JV by 1996-1998 Weymin Option from Equinox (Hecla) 2004 Bac-Tech Option 2007- 2019 Merit Mining Corp. option and purchase from estate of T.E. Arnold (na In ROKMASTER RESOURCES CORP. Revel Ridge Project (formerly the J&L Property) Company Presentation May 2020 Targeting expansion and production of massive sulphide gold & poly-metallics In south-central British Columbia

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Page 1: Company Presentation May 2020 - rokmaster.com...Company Presentation ... The scientific and technical information about the Revel Ridge Project (the “Property”)set out in this

1952 Asarco option with trenching on Main Zone to south1962-1965 Westairs Ltd. option, new 830 Level in 297 meters1980-1991 Leased by Pan American-Opioned to BP-Selco, Noranda, Equinox and JV by 1996-1998 Weymin Option from Equinox (Hecla)2004 Bac-Tech Option 2007- 2019 Merit Mining Corp. option and purchase from estate of T.E. Arnold (na In

ROKMASTER RESOURCES CORP.

Revel Ridge Project

(formerly the J&L Property)

Company Presentation – May 2020

Targeting expansion and production of massive sulphide gold & poly-metallics In south-central British Columbia

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Cautionary Statement

This presentation contains “forward-looking information” within the meaning of applicable Canadian securities regulations and “forward-looking statements” within the meaning ofthe United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking information”). The forward-looking information contained in this presentation ismade as of the date of this presentation. Except as required under applicable securities legislation, Rokmaster Resources Corp. (“RKR”) does not intend, and does not assume anyobligation, to update this forward-looking information.

Forward-looking information includes, but is not limited to, statements with respect to the timing and update of the historic 2012 PEA; the potential for expansion, new discoveriesand future cash flows; future price of minerals and the effects thereof; the estimation of mineralization; the timing and amount of estimated capital expenditures; costs and timing ofproposed activities; plans and budgets for and expected results of exploration activities; permitting time-lines; requirements for additional capital; government regulation of miningoperations; environmental risks; reclamation obligations and expenses; title disputes or claims, adequacy of insurance coverage, the availability of qualified labour, acquisition plansand strategies, the payment of dividends in the future, and RKR’s use of the proceeds of an Offering. Often, but not always, forward-looking information can be identified by the use ofwords such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of suchwords and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

This forward-looking information is based on certain assumptions that RKR believes are reasonable, including that the current price of and demand for minerals being targeted by RKRwill be sustained or will improve, the supply of minerals targeted by RKR will remain stable, that RKR ’s current exploration programs and objectives can be achieved, that generalbusiness and economic conditions will not change in a material adverse manner, that financing will be available if and when needed on reasonable terms and that RKR will notexperience any material accident, labour dispute, or failure of plant or equipment.

While RKR considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking information involves knownand unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of RKR to be materially different from any future results,performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, the risk that actual results of exploration activities will bedifferent than anticipated, the cost of labour, equipment or materials increase more than expected, that the future price of minerals targeted by RKR will decline, that changes inproject parameters as plans continue to be refined may result in increased costs, that plant, equipment or processes will fail to operate as anticipated, that accidents, labour disputesand other risks generally associated with mining may occur and that unanticipated delays in obtaining governmental approvals or financing or in the completion of development orconstruction activities may occur. Although RKR has attempted to identify important factors that could cause actual actions, events or results to differ materially from those describedin forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance thatforward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned notto place undue reliance on forward-looking information due to the inherent uncertainty thereof.

The scientific and technical information about the Revel Ridge Project (the “Property”) set out in this presentation was substantially obtained from theNational Instrument 43-101 compliant Technical Report for the Property dated January 29, 2020, (the “Technical Report”) authored by P&E MiningConsultants Inc. for RKR and filed on SEDAR on February 25, 2020. Mark Rebagliati, P. Eng., a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mining Projects, has reviewed and approved of the technical disclosure in this presentation. .

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Merits of the Project

▪ Mineral Resource Estimate: Main (gold) Zone tonnes and grade include;

Main Zone M&I: 4,200,000 MT / 1,089,000 ounces AuEq @ 8.07 g/t AuEq *

Main Zone Inf: 4,562,000 MT / 961,000 ounces AuEq @ 6.55 g/t AuEq *

(excludes both Hanging Wall and Foot Wall Zones)

▪ Yellowjacket Zone Ind: 764,000 MT @ 9.98% Zn + 2.61% Pb + 62.8g/t Ag

▪ Exceptional potential to double all historic resources (only 1,500m of the currently known 3,000m of Main Zone strike length has been drilled)

▪ Overall good infrastructure, 45 km by all-weather road from the industrial city of Revelstoke, BC, Pop. 8,500, and on rail and national highway

▪ Good grade polymetallic massive sulphide gold zone - suitable for direct ship concentrates or POX pre-treatment with high Au recoveries

▪ Good grade zinc-silver zone with excellent recovery to clean concentrates

▪ Current NI 43-101 Technical Report (see slide 15, 16)

▪ Historical 2012 Ni 43-101 Preliminary Economic Assessment

* AuEq= Au g/T + (Ag g/T x 0.011) + (Pb % x 0.422) + (Zn % x 0.455). This incorporates

Ag, Pb and Zn metallurgical recoveries, smelter payables and refining charges that were reflected in the 2012 Preliminary Economic Assessment.

M&I = Measured and Indicated mineral resources,

Inf = Inferred Mineral Resources, MT = Metric Tonnes.

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▪ Option to purchase 100% of a good grade >2M oz AuEq poly-metallic deposit & a high grade Zn – Ag deposit

▪ Cash option for 100%

▪ No share payments

▪ No royalties

▪ No advance royalty payments

▪ No work commitments

▪ Canadian jurisdiction

▪ Defined regulatory and tax structure

▪ Operating team has successful area experience in permitting, construction and mine operation in the region

Merits of the Deal

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Revel Ridge Team

▪ John Mirko President, CEO & Director: Mr. Mirko has 47 years’ experience in the mining industry and is currently the President of Canam Mining Corporation, President & CEO of Rokmaster Resources Corp. and the former President and founder of Canam Alpine Resources Ltd., sold to Vizsla Resources Ltd. in September 2019. From 1986 to 2010, Mr. Mirko was the founder, President, CEO and Director of 4 public mining companies and a founder and Director of 3 others. After seasonal exploration work with several major mining companies from 1972-76, he has been self-employed since 1977 as a contractor and consultant, involved in the exploration, development and construction of numerous mining projects in 11 countries, and the commercial production of mineral concentrates and products from five of those projects. In 2008 he was a recipient of the “E. A. Scholtz Medal for Excellence in Mine Development” from the Association for Mineral Exploration of British Columbia and in 2009, the Mining Association of British Columbia’s “Mining and Sustainability Award” for the MAX Mine. He is a member in good standing of the Society of Economic Geologists, Inc., the Canadian Institute Of Mining, Metallurgy and Petroleum, and the Prospectors and Developers Association of Canada. John and Mark Rebagliati first examined the J&L Property – Main Zone, in 1976.

▪ Michael (Mike) Cowin Chairman & Director: Mr. Cowin has 20 years of investment experience. He has been a director of Northcape Capital (“Northcape”), a boutique investment fund based in Australia which manages over A$10 billion. During that period he was the portfolio manager/analyst for the Emerging Companies Fund. Prior to Northcape, Mr. Cowin was a senior portfolio manager at AMP from 2004-2007. From 2003-2004, he managed the Small Companies Fund at UBS and was an industrial analyst with sector responsibility for the basic industries, healthcare, media and diversified industries. While at UBS from 1999-2003, he also held the position of Head of Research and Deputy Portfolio Manager for the UBS Australian Share Fund. Between 1996 and 1999, he was a research analyst with BZW Equities. Mr. Cowin holds a Masters of Business Administration from the Australian Graduate School of Management and a Bachelor of Chemical Engineering (Honors) from the University of NSW.

▪ Adam Pankratz, MBA, MA, BA. Director: Mr. Pankratz is currently a professor of Business Economics and Strategy at the University of British Columbia-Sauder School of Business. He brings experience and expertise ranging from 7 years of financial services management, to leading a federal election campaign. He is multilingual in French, Spanish, German and English.

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▪ Theodore (“Ted”) Muraro, P. Eng., Geological Advisor and Consultant: Mr. Muraro has dedicated over 40 years to the mineral exploration industry, with over 30 years at Cominco Ltd. as Chief Geologist and internal Consulting Geologist to the Exploration Division. Mr. Muraro holds a B.Ap.Sc. in Geological Engineering from the University of British Columbia, a M.Sc. in Geological Engineering from Queens University, and has completed post graduate studies at Stanford University. He serves as a Director of Imperial Metals Corp. While with Cominco, Mr. Muraro carried out a number of geological exploration programs in the Kootenay Arc zinc belt. In 1996 he managed a diamond drilling program at J&L, discovering additional high grade zinc-lead-silver mineralization.

▪ Mark Rebagliati, P. Eng.,Geological Advisor and Consultant: Mr. Rebagliati is a consulting geological engineer, having held positions with a number of major mining companies. He graduated from Michigan Technological University in 1969 with a B.Sc. in Geological Engineering. In 1986, Mark formed Rebagliati Geological Consulting Ltd. based in Vancouver, Canada. He played a leading role in the discovery of the Mount Milligan, Southern Star and Kemess South porphyry copper/gold deposits in British Columbia, a cluster of polymetallic VMS deposits at Campo Morado, Mexico, the Pebble East porphyry copper/gold/silver/moly deposit in Alaska and the Xietongmen and New-Tongmen porphyry copper/gold deposits in China. Mr. Rebagliati is the recipient of several mining industry awards including the BC Chamber of Mines "H.H. Huestis Award" (1992) for excellence in mineral exploration, the "Bill Dennis Prospector of the Year Award" (1997) from PDAC (Prospectors and Developers Association of Canada), a co-recipient of the "Thayer Lindsey International Discovery Award" from PDAC (2007), the "Robert M. Dreyer Award" (2008) from the Society for Mining, Metallurgy & Exploration to recognize outstanding achievements in applied economic geology accomplished through commercial exploration or development of mineral deposits, the "Colin Spence Award" (2009) from the Association for Mineral Exploration BC for global exploration excellence, and more recently, in January 2014, was inducted in the Canadian Mining Hall of Fame. Mark was involved in various work programs on the J&L for Newconex Canada in 1976 and BP-Selco from 1981 to 1985.

Revel Ridge Team Cont.

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James (“Jim”) Oliver, Ph.D., P.Geo., Geological Consultant and Advisor: Dr. Oliver has more than 38 years of mineral exploration experience specializing in global mineral deposit evaluations and early to advanced stage project valuations, with particular emphasis on belt, regional and detailed geological mapping programs, lithologic, structural and alteration mapping, Archean (in Venezuela, Tanzania, Quebec and Ontario) and epithermal gold, porphyry copper-molybdenum-gold, SedEx, VMS and Ree mineral systems, worldwide. He served as Senior Geologist for Teck Resources from 1992-1995 and V.P. Geology for the Hunter Dickinson (HDI) Group of Companies, where he was instrumental in the successful acquisition of several mineral projects and deposits while providing leading edge geoscience on a diverse range of deposit types. He has worked on 5 continents, in over 35 countries and examined or worked on approximately 400 mineral occurrences or deposits. He has served as a Geological Consultant to major mining companies including Placer Dome Inc., Falconbridge Limited, Esso Minerals Ltd., Homestake Mining Corp., Agnico Eagle Mines Limited and Taseko Mines Ltd., as well as numerous junior companies including Northern Dynasty Minerals, Great Basin Mines, Continental Minerals, Farallon Resources, Santa Cruz Silver, Colorado Resources, Impact Silver, Dundee Precious Metals, Sun Metals, Serengeti Resources, Detour Gold Corp., Skeena Resources and Rockwell Ltd. and to government geological surveys. He is an active member of the Association of Professional Engineers and Geoscientist’s of British Columbia (P. Geo.) and The Society of Economic Geologists, Inc., Winner of the CIM 2014 Barlow Medal and the 2019 Frank Woodside Award for distinguished service to the mineral exploration industry. Jim previously assessed J&L - Revel Ridge for Placer Dome.

Harvey Tremblay, Drilling and Business Advisor: Mr. Tremblay is the founder and Chairman of Hy-Tech Drilling Ltd., based in Smithers, BC. In 1991 Mr. Tremblay founded Hy-Tech Drilling and built it up from a single drill operation to a fleet of 35 drills operating throughout Canada and Europe. Hy-Tech Drilling current clients include the Lundin Group, Goldcorp, Seabridge, Xstrata, Rubicon, Pretium and Dennison. Working closely with his engineering team, Harvey helped design the unique patented diamond drill that is exclusive to Hy-Tech. Mr. Tremblay is active in the community as a sponsor, volunteer and mentor. He is a founder of the Canadian Diamond Drilling Association (CDDA) and is a strong believer in developing and fostering a culture of safety and environmental awareness. He received the "David Barr Award" (2010) for leadership and innovation in mineral exploration, health and safety from the Association for Mineral Exploration B.C.

Revel Ridge Team Cont.

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Location Map

Revel Ridge Project

Revel Ridge

Revelstoke Hydroelectric Dam

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▪ 1865 Placer gold discovered in Carnes Creek

▪ 1896 Roseberry Zone discovered 5 km NW of Main Zone

▪ 1912 Main Zone discovered, underground development

▪ 1924-1927 Porcupine Goldfields underground & metallurgy

▪ 1929-1933 A&E Zone discovered NW of Main Zone, underground development

▪ 1934 Crown Grants acquired by T. E. Arnold, until 2010

▪ 1935 986m Level adit extended on Main Zone

▪ 1946 Two shafts deepened on Main Zone

History

Looking East to

Shop-Office-830m Level Portal Area,(Waste Rock Storage in middle right)

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▪ 1952 Asarco option with trenching on south portion of Main Zone

▪ 1962-1965 Westairs Ltd. option, new 830m Level in 297 metres

▪ 1980-1991 Leased by Pan American-optioned to BP-Selco– 1,300m drifting + 64 underground DDH’s, Noranda, Equinox – 370m drifting + raising, bulk samples and metallurgical studies and JV by Cheni Gold Mines, drilling on Yellowjacket Zone

▪ 1996-1998 Weymin option from Equinox (later Hecla)

▪ 2004 Bac -Tech option

▪ 2007- 2019 Merit Mining Corp. option and purchase from estate of T.E. Arnold (name change to Huakan International Mining Inc. 2010), drifting, ramp, bulk samples, drilling to 2012 and metallurgy report in 2014.

▪ Gold price retreats from US$1,800 in 2012 to US$1,200 in 2019.

History Cont.

Revelstoke Warehouse

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▪ Widespread, remarkably continuous strataform - strataboundgold-silver-lead-zinc mineralization. >300 DDH’s over 1.5km x 800m zone with 3,000m of underground development

▪ Main (gold-zinc-silver-lead) Zone open on strike and down dip

▪ Yellowjacket (zinc-silver) zone open to north and down dip

▪ A&E and Roseberry and other zones undrilled

▪ Higher grade gold-silver-zinc-lead in Main Zone:

▪ DDH12-42: 3.20m @ 6 g/t Au + 8% Zn + 1.12% Pb +

26.4 g/t Ag

▪ DDH12-10: 8.48m @ 9.41 g/t Au + 4.31% Zn + 2.17% Pb + 101.39 g/t Ag

▪ Higher grade zinc-silver in Yellowjacket extension:

▪ DDH97-2: 4.78m @ 14.92% Zn + 2.38% Pb + 63.06g/t Ag

▪ DDH97-3: 4.48m @ 11.10% Zn + 2.43% Pb + 52.71g/t Ag

▪ Feasibility for off the shelf metallurgical processing technology and modern mining & milling

▪ Exceptional expansion, new discovery and future cash flow potential

Opportunity

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100% Purchase Option

Option to Purchase Property + Huakan Shares

▪ 5 year Option to own 100%

▪ CDN$200,000 down (paid)

1st anniversary: 2nd anniversary: 3rd anniversary: 4th anniversary: 5th anniversary:

_________________▪ Total: CDN$44,200,000

▪ Rokmaster retains a 2nd option to acquire 100%of Huakan operating company shares for $1.00

▪ Huakan operating company currently carries forward an available tax loss of approximately CDN$35,900,000 and a Resource Tax Pool of CDN$18,300,000

CDN$1,000,000 and update PEA

CDN$4,000,000

CDN$6,000,000

CDN$13,000,000

CDN$20,000,000

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Property Map

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830 and 832 Level Plan

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▪ On February 25, 2020, Rokmaster filed a Technical Report on SEDAR entitled “Updated Technical Report on the Revel Ridge Property (formerly J&L Property), Revelstoke Mining Division, British Columbia, Canada” dated January 29, 2020, authored by Eugine Puritch, P.Eng, FEC, CET; Fred Brown, P.Geo.; Alfred Hayden, P.Eng.; Jarita Barry, P.Geo. And Richard Routledge, P.Geo., of P&E Mining Consultants Inc. Results are shown in the table below;

Current Resource Estimate

.

REVEL RIDGE 2020 MINERAL RESOURCE ESTIMATE(1-7)

Class Tonnes (000’s)

Au(g/t

Au oz (000’s)

Ag (g/t)

Ag oz (000’s)

Pb (%)

Zn (%)

AuEq (g/t) AuEq oz (000’s)

Main Zone

Measured 1,352 6.13 266 62.8 2,730 2.19 4.09 9.14 397

Indicated 2,848 5.33 488 49.0 4,487 1.72 3.11 7.56 692

Measured & Indicated

4,200 5.59 755 53.4 7,216 1.87 3.43 8.07 1,089

Inferred 4,562 4.36 639 61.8 9,064 1.88 2.59 6.55 961

Hanging WallZone

Indicated 298 0.91 9 55.3 530 2.50 5.72 4.70 45

Inferred 38 0.22 0 75.0 92 3.08 5.44 4.34 5

Footwall Zone

Inferred 342 3.91 43 25.3 277 0.53 0.48 4.20 46

Yellow-jacketZone

Indicated 771 0.09 2 62.6 1,552 2.60 9.93 NA NA

Inferred 23 0.11 0 55.4 41 2.65 7.68 NA NA

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▪ Note: k = thousands, koz = thousand of ounces

1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral resources can be materially affected by environmental permitting, legal, title, taxation, socio-political, marketing and other relevant issues.

2) The inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.

3) The Mineral Resources in this estimate were calculated using the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council.

4) The following parameters were used to derive the NSR block model cut-off values used to define the Mineral Resource:

▪ December 31, 2019 US$ two-year trailing average metal prices of: Pb $0.96/lb, Zn $1.24/lb, Au $1,331.00/oz and Ag $15.95/oz,

▪ Exchange rate of $US 0.76 = CDN$ 1.00

▪ Process recoveries of Pb 74%, Zn 75%, Au 91% and Ag 80%

▪ Smelter payables of Pb 95%, Zn 85%, Au 96% and Ag 91%

▪ Refining charges of Au $US10/oz and Ag US$ 0.50/oz

▪ Concentrate freight charges of $65/t and Smelter base treatment charge of US$185/t

▪ Mass pull of 5% 8% concentrate moisture content

▪ Main Zone NSR = (Pb% x $21.16) + (Zn% x $22.01) + (Ag g/t x $0.52) + (Au g/t x $49.36) - $20.68

▪ Yellowjacket Zone NSR = (Pb% x $19.58) + (Zn% x $22.93) + (Ag g/t x $0.48) + (Au g/t x $48.82) -$20.68

Mineral Resource Estimate Notes 1-7

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Geology and Mineralization

▪ The Main Zone is a remarkably continuous, large (1,500m x 800m) tabular, structurally controlled, complex polymetallic, sheeted massive sulphide system in a high angle, planer deformation zone. The zone averages 2.5m in thickness, locally to 15m. On strike occurrences are known along a 9km trend.

▪ The separate Yellowjacket Zone is a stacked series of subparallel carbonate Zn-Pb-Ag zones. It lies 5m to 30m into the hangingwall of the Main Zone and is open for expansion.

▪ The Main Zone has been described as: SEDEX, VMS, Replacement and Shear hosted. It is spatially associated with the Yellowhead Zone and post dates it.

▪ The zones are located within north to northwest striking Hamill and Lardeau Groups, and Badshot and Mohican Formation rocks, consisting of sheared and folded impure quartzites, quartz sericite to sericite to chlorite schists and phyllites and white to grey banded carbonaceous limestone/dolomite/marble.

▪ The bulk of the gold is refractory, in arsenopyrite grains. Over time, metallurgical testing has shown high gold recoveries by pre-treating by autoclave POX. 2020 resource increase brings down capital cost impact.

▪ The Yellowjacket Zone has simple metallurgy.

▪ Geology team: Dr, Jim Oliver, P.Geo., Ted Muraro, P.Eng., Wilson Jin, and Mark Rebagliati, P.Eng.

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Surface Geology & 835m Level Drill Plan

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Property Scale Geology (Pegg, 1983)

• MZ strikes 1800 m to SE

• MZ crosses McKinnon Creek to NW may continue for > 4 km

• Main structure, reverse – dextral deformation zone

• Yellowjacket Zone crosses McKinnon Creek to NW

• Repeated carbonate horizons at Mohican – Hamill contact

• Middle greenschist metamorphic grades.

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Surface Infrastructure Map

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X-Sections 600 NE and 1040 NE

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Divergent MZto Contacts

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Styles of Mineralization (Pegg, 1985)

▪ Banded sulphides on left, footwall.

▪ “Milled” sulphides centre, hanging wall.

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Styles of Mineralization (Pegg, 1985)

Mineralized coarse grained, quartz -sulphide zone.

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Deformational Characteristics (Pegg, 1985)

• Isoclinally folded sphalerite.

• Assays 20.5% Zn at the face.

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Main Zone Milled and BandedPy and Zn Sulphides

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Yellow Jacket Zone Zn-Ag-Pb

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Isometric Projection of Main Zone Mineral Resource Domains – Looking W

Main Zone

Yellowjacket Zone

Hanging Wall Zone Foot Wall Zone

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Longitudinal NSR x Thickness (excludes Yellowjacket )

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Au – Ag Resource Expansion

▪ Mineralized system, 7-8 kms of strike, mineralization formed over 1,200 vertical. Currently drill tested over approximately 1.5 km.

▪ Assess more than 44 other known Au-Ag occurrences between A&E Zone and Main Zone.

▪ Target up-dip and down dip of known mineralized zones.

▪ Target on strike continuation NW and SE of Main Zone mineralization.

▪ Define and target principle structural-lithologic controls on higher grade and thicker mineralized zones.

▪ Target enhanced higher grade shoots over 400 X 400 m intervals-~million tonne blocks

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▪ The Main Zone is a complex polymetallic deposit with arsenopyrite creating a challenge in the production of saleable lead and zinc concentrates.

▪ Head grades could average: 7 g/t Au, 64 g/t Ag, 2% Pb and 4% Zn.

▪ An acceptable flowsheet has now been developed from the extensive metallurgical test work completed. The most recent test work overseen by Frank Wright, P.Eng., in 2014 was favourable.

▪ Arsenopyrite + pyrite gold concentrate could be pretreated by POX (pressure oxidization), providing +93% Au recoveries for final leaching, either on site or sale to existing off-shore buyer operating POX.

▪ Utilizing off the shelf Outotec POX Plant could treat 100-200K tonnes of sulphide-gold bearing concentrate per year.

▪ Overall test recovery from Main Zone head grade samples is expected to be: 93% Au, 70% Ag, 74% Pb and 80% Zn.

▪ Test work on the Yellowjacket Zone samples shows much simpler standard flotation metallurgy with expected recoveries of: 94% Ag, 88% Pb and 93% Zn. Yellowjacket production could be fast tracked.

▪ 45km by road to Revelstoke infrastructure.

Metallurgy

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Surface Facilities

Shop & Office Complex-832m Level Portal to right rear

Camp & Dining Complex

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Proposed Work Plan and Budget

Year One:

▪ Conduct initial data acquisition & compilation:

▪ Update NI 43-101 PEA:

▪ Seek investor and/or JV partner, marketing

▪ Permitting of underground drilling and initial mine:

▪ Camp and infrastructure rehabilitation:

▪ Underground rehabilitation:

▪ Underground diamond drill station prep:

▪ 5,000M underground diamond drilling:

▪ Sampling & Assaying:

▪ Update metallurgical:

Total year one (fully funded May 2020): CDN$4 Million

Year Two:

▪ 2nd Option Payment:

▪ 16,000m surface and underground diamond drilling:

▪ Mine Permitting, Metallurgy & Pre-Feasibility :

▪ Purchase, dismantle used concentrator,

mine & mill engineering:

Total year two: CDN$9 Million

$20,000

$250,000

$300,000

$300,000

$200,000

$350,000

$130,000

$1,800,000

$200,000

$450,000

$1,000,000

$4,800,000

$1,800,000

$1,400,000

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34

❖ Opportunity to acquire “under the radar” multi-million ounce AuEq

asset with tremendous >4M oz AuEq blue sky target, as gold price

moves up. Last drill program in 2012 when gold @ US$1,800 p/oz

❖ ~6 g/t Au grades + by product credits from >8M historical tonnes

❖ Current NI 43-101 Technical Report

❖ 2 mineralized zones – open expansion potential (historical

resources were doubled in 2012 with 1 underground drill program)

large Au historical resource now provides for a PEA including POX

Plant infrastructure option

❖ Additional undrilled mineralized zones

❖ Fully equipped surface and underground, trackless equipment

❖ Fully equipped camp, kitchen, repair shops, warehouses, offices

❖ Fully permitted and operating waste rock facility

❖ Updating of historic 2012 PEA in Q2 2020

Conclusions

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35

Share Structure and Contact

Trading Symbols:

RKR (TSX.V)

RKMSF (OTC:Pink)

1RR1 (Frankfurt)

Shares Outstanding:

Free Trading

Stock Options

Share Purchase Warrants

Special Warrants for Duncan 7,200,000*

Agent Compensation Options 4,578,150

*Relate solely to the 100% acquisition of Teck-Cominco’s historic

Duncan Lake Zinc Property. Directors, officers and close friends

hold > 20M of the free trading shares.

Address:

1150-625 Howe Street

Vancouver, BC V6C 2T6

Canada

Phone: +1 604 290-4647

Contact:

Email: [email protected]

Web: www.rokmaster.com

Online and Social Media:

Twitter: @Rokmaster_RKR

59,218,855

3,960,000

36,894,193