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ORFORD MINING
December 2019
TSXV: ORM
Orford Mining
Disclaimer
Cautionary Statement Concerning Forward-Looking Statements
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this presentation.
This presentation contains "forward-looking information" including without limitation statements relating to the liquidity and capital resources of Orford and potential of one or more of the Qiqavik
and West Raglan properties.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Orford to be materially
different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future
prices and the supply of metals; the results of drilling; inability to raise the money necessary to incur the expenditures required to retain and advance the properties; environmental liabilities
(known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, terrorism,
insurrection or war; or delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. For a more detailed discussion of such risks and other factors that could
cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Orford's filings with Canadian securities regulators available on SEDAR at
www.sedar.com.
Although Orford has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may
be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this
presentation and Orford disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by
applicable securities laws.
The TSXV has neither approved nor disapproved the contents of this presentation.
Qualified Person and Quality Assurance and Quality Control
The disclosure of scientific and technical information contained in this presentation has been approved by Alger St-Jean, P.Geo, Vice President, Exploration of Orford, a Qualified Person under NI
43-101.
Samples reported in this presentation and indicated as grab, outcrop, sub-outcrop, boulders and float are grab samples. Grab samples are selective by nature and values reported may not be
representative of mineralized zones. All drill intervals reported in this presentation are down-hole core lengths as true thicknesses cannot be determined with available information.
The work program at Qiqavik was supervised by Alger St-Jean, P.Geo, VP Exploration who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site
personnel at the project log and weigh all samples prior to sealing and shipping. Sample shipments are sealed and shipped to Techni-Lab, Sainte-Germaine-Boulé, Québec. All gold assays
reported were obtained by either 350-g screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish (method 1A2-5 and 1A3-50) at. The 350-g screen assay method is
selected by the site geologist or the lab when samples contain coarse gold or higher percentage of sulfide mineralization that may be associated with gold relative to surrounding intervals. All
samples are also analyzed for multi-elements, including copper and silver, using a four-acid method with an ICP-EOS and ICP-MS finish at Techi-labs affiliated Actlabs in Ancaster, Ontario.
Overlimits were analyzed by peroxide fusion with ICP-EOS finish. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons
employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are inserted at a minimum of 10% and 5% for core and grab samples respectively for
QA/QC purposes in addition to those inserted by the lab. A subset of samples has not yet been sent for a verification assay at another lab.
Techni-Lab Laboratory, is a subsidiary of Act Labs, is accredited (n. 707) by the Standards Council of Canada and found to comply with the requirements of ISO/IEC 17025:2005 (CAN-P-4E) and
CAN-P-1579.
The technical information disclosed herein in respect of the Qiqavik Property is based on the independent report of Clement Dombrowski, P.Geo and Sylvain Desbiens P.Geo. titled “NI 43-101
Technical Report on Qiqavik Project, Northern Quebec, Canada” effective September 14, 2017, and on Orford Mining’s press releases available on SEDAR. The information disclosed herein in
respect of the West Raglan Property is based on the independent report of Clement Dombrowski, P.Geo. titled “NI 43-101 Technical Report on West Raglan Project, Northern Quebec, Canada”
effective February 20, 2017.
Investment Highlights
• Completed two equity financing raising a total of C$4.6M whereby Alamos Gold became a 22.2%
New strategic investor shareholder (May 17 and July 5, 2019)
• Widely-held ownership with several strategic shareholders (Alamos, Dundee, RNC Minerals)
• Property covers 348 km2 of the highly prospective and underexplored Cape Smith Belt
Qiqavik Project: • Identified a 40-km long Qiqavik Break Shear Zone with 11 gold mineralized areas, which remain
discovery of new gold largely unexplored
district • The 2019 exploration program Intersected gold in all six holes, drilled in three different geological
structures, and made a number of high grade surface gold discoveries.
West Raglan: potential • Advanced stage Ni-Cu-PGE exploration project covering nearly 470 km2 in the Cape Smith Belt
for multiple large, high • Identified outcropping mineralization over +35 km of strike, many zones have very limited testing
grade Ni-Cu-PGE • Frontier Zone: similar geology to Glencore’s Raglan Mine (MI&I: 35Mt at 3.2% Ni, 0.93% Cu and 3.2
deposits g/t PGE1) with high-grade (2-3% Ni, 3+ g/t PGE) mineralized lens clusters over a 2,500 m strike
• Projects located in Quebec, which was the 4th ranked jurisdiction in the world for mining investment
Safe, proven mining attractiveness according to 2018 Frasier Institute survey
jurisdiction • Success of mines such as Meadowbank, Meliadine and Raglan demonstrates viability of
discovering and developing large-scale mining projects in northern Canada
1. This information is not necessarily indicative of the mineralization on Orford Mining’s properties
TSX-V:ORM 3 December 2019
Management & Board of Directors Orford Mining
Alger St-Jean • Professional Geologist with +25 years of experience in mineral exploration and development
VP Exploration • Current VP Exploration of RNC Minerals and former Senior Geologist at Xstrata Nickel (formerly Falconbridge)
Michelle Sciortino • Professional Geologist with +10 years of experience in mineral exploration and development
Senior Project Manager • Current Senior Project Geologist with RNC Minerals
Lawrence Smith • +25 years of experience in investment management, equity research, and banking – MBA and CFA holder
Director • VP Portfolio Management and Research at CIBC Asset Management, Director of Equity Research at Scotia Capital
and Blackmont Capital, and Project Manager – Corporate Development at Rio Algom Limited
Ben Pullinger • Professional Geologist with over 15 years of exploration and mining experience
Director • Current Senior Vice President of Geology for Excellon Resources Inc.
• Former Vice-President Exploration at Roxgold Inc.
Volume (millions)
$0.12
0.50
$0.10
0.40
$0.08
0.30
$0.06
$0.04 0.20
$0.02 0.10
$0.00 0.00
Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19
Source: S&P Capital IQ
Over 818 km2 land position in the highly prospective and underexplored Cape Smith Belt
Quebec: 4th ranked jurisdiction in the world for mining investment attractiveness according to 2018 Frasier Institute survey
Qiqavik Project (100%)
• ~348 km2 property in the upper Cape Smith Belt, in 2019
added 10% to our property position to cover IP Lake trend
• 40 km long Qiqavik Break Shear Zone
• Discovered 11 large gold-mineralized areas
• 2018 drill program (8 holes, 1,211 m) discovered up to
24.6 m thick mineralization at Interlake Area
Meadowbank (Agnico Eagle)
Commercial production in 2010. 3.5 g/t Au reserve grade
Hope Bay (TMAC)
Commercial production in 2017. 7.7 g/t Au reserve grade
West Raglan Project (100% Interest)
Meliadine (Agnico Eagle)
Commercial production in May 2019. 7.0 g/t Au reserve grade
• ~470 km2 property in the lower Cape Smit Belt
• Traced outcropping sulphide mineralization over +35 km strike
• Frontier Zone: identified five high-grade (2-3% Ni, 3+ g/t PGE)
mineralized lens clusters over a 2,500 m strike
• Frontier Zone has comparable geology to Glencore’s Raglan
Mine
40-km long Qiqavik Break Shear Zone remains largely unexplored with potential for multiple large gold deposits
1. This information is not necessarily indicative of the mineralization on Orford Mining’s properties
Key Findings • IP survey identified 10 targets • Intersected up to 13.7 g/t at Aurora, • 34 surface samples over 2 g/t Au, including 342
• Extended strike length of Qiqavik Break up to 8.8 g/t Au Esperance and 5.6 g/t Au and 149.5 g/t Au
from 15 km to 40 km g/t Au at Esperance West • Drill intercepted up to 24.6 m thick gold
• Discovered surface gold at Aurora, • Five new surface discoveries at mineralization at the Interlake Area
Esperance and Esperance West Aurora Central, Gerfaut South, Central • Expanded dimensions of surface showings at
• High grade surface gold samples Qiqavik, Horizon, and Focused Focused Intrusive, Gerfaut South, and Interlake
ranging from 26 g/t Au to 189 g/t Au Intrusive
• Intersected gold mineralization in all holes drilled in 2019 targeting three different geological structures
on the property separated by up to 18km.
• Extended the thick gold mineralized trend in drilling to 2.5km of the 5km structural package along the
Interlake Shear Structure (Up to 53m @0.51 in 19-QK-004))
• Confirmed gold mineralization in drilling results associated with multiple quartz veins in the felsic
intrusive body, The Focused Intrusion, (QK-19-06, 1.84mtres @2.8 g/t including 0.58metres @ 8.57 g/t).
• Confirmed gold in drilling (Qk-19-002) on the 7 km long IP Lake Shear (10 metres @ 0.58 g/t)
• Defined multiple gold mineralization boulder trains associated untested cross structures along the newly
discovered, 7-km long IP lake shear corridor potentially derived from untested cross structures along the
IP Lake Shear.
• Reported high grade gold on a newly discovered contact-shear trend south of Esperance (Up to 20.62g/t
Au)
• Results still Pending: Glacial Till Sample Gold Grain Counts primarily from new IP LAKE Shear Coridor
Qiqavik Break
High Priority Targets along strike extensive thick Gold Mineralized system
• 3 boulder trends
identified (2 with
VG), source point
untested
• Shear is flanked by
untested cherty Fe
formation on the
south.
Property Expansion
Southward (10%) • Multiple cross
structures proximal
to gold at surface,
which are the higest
priority targets in
2020
2020 Targets
Fostering strong relationships with government, local communities and First Nations Groups
• Orford maintains an open dialog with local communities
• Representatives of Salluit, Akulivik and Kativik Regional Gov. (KRG) have visited the site
• Working with Landholding Corporations to hire local workforce during summer exploration programs
• Inuit hiring and training in each exploration program.
• 2019, 11% of exploration expenditures were with Nunavik Inuit Enterprises
• Identifying and notifying communities and Avataq of archeological sites
• Provided in-kind support to KRG for abandoned mineral exploration site rehabilitation
• High Grade surface Grab sample results at Interlake, Esperance south and the
extension of the IP lake shear continue to show the potential of the Qiqavik
property for new discoveries associated with large structures
• The Property has no shortage of additional target areas which remain untested:
Esperance, Aurora, Gerfaut, Gerfaut South. Early stages of camp scale potential
similar to Abitibi in the early 1900’s …where deposits are still being defined and
discovered today.
TSX-V:ORM 21 December 2019
West Raglan Project Orford Mining
Identified outcropping sulphide mineralization over +35 km of strike with limited testing at many zones
• Magnetic signatures, lithogeochemistry, and geology are the same at West Raglan’s Frontier zone as Glencore’s Raglan Mine
• The Southern part of property has magnetic and till anomalies suggestive of Nunavik Mine (South Trend) style mineralization
➢ Nunavik Mine had a 2010 M&I resource estimate of 21.9M tonnes at 0.93% Ni, 1.15% Cu, 0.05% Co and 2.86 g/t PGE
Frontier Zone
• Identified five key mineralized lens clusters Overhead of Frontier Zone with highlighted historical drill intercepts
over a 2,500 m strike
• High-grade (2-3% Ni, 3+ g/t PGE) sulphide
lenses outcropping
• High priority targets modelled from BHEM and
3D magnetic inversion suggest vast potential
remains above 250 m depth
• Intersected many high-grade drill holes over
past exploration programs (2003 to 2008)
across the Frontier Zone
Orford’s market capitalization does not reflect district-scale potential of the Qiqavik/West Reglan projects
Market Land NI 43-101
Company Capitalization Key Project Location Package Stage Resource
(C$M) (ha)
Northern Canada
White Gold Corp. $143.1 White Gold Yukon 422,730 Adv. Exploration Yes
Nighthawk Gold Corp. $97.9 Indin Lake NWT 89,900 Adv. Exploration Yes
Tudor Gold Corp. $63.9 Treaty Creek British Columbia 35,518 Adv. Exploration No
TerraX Minerals Inc. $41.5 Yellowknife City NWT 78,300 Early exploration Yes
Benchmark Metals Inc. $36.2 Lawyers British Columbia 12,700 Early exploration No
Brixton Metals Corporation $31.8 Thorn British Columbia 197,300 Early exploration No
Sirios Resources Inc. $31.2 Cheechoo Quebec 7,500 Adv. Exploration No
Triumph Gold Corp. $31.1 Freegold Yukon 20,000 Adv. Exploration Yes
Klondike Gold Corp. $30.0 Klondike District Yukon 56,700 Early exploration No
Eastmain Resources Inc. $28.8 Eau Claire Quebec 109,000 Adv. Exploration Yes
Talisker Resources Ltd. $21.9 Spences Bridge British Columbia 226,035 Early exploration No
QMX Gold Corporation $16.4 Multiple properties Quebec 20,000 Adv. Exploration Yes
Colorado Resources Ltd. $10.9 Castle British Columbia 120,000 Early exploration No
Scandinavia
Aurion Resources Limited $144.3 Risti Northern Finland ~100,000 Early exploration No
Mawson Resources Limited $32.6 Rompas-Rajapalot Northern Finland 21,391 Adv. Exploration Yes
FireFox Gold Corp. $3.5 Jeesiö Northern Finland ~160,000 Early exploration No
Orford Mining Corp. $4.3 Qiqavik/West Raglan Quebec 81,800 Early exploration No
Note: market data from Capital IQ. As of December 5, 2019
Reasons to Invest
Potential
Strong Massive land
discovery of Safe, proven
strategic position in
multi-million mining
investor emerging new
ounce gold jurisdiction
support gold district
deposits
THANK YOU!