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WWW.OREFINDERS.CA | ORX:TSXV Spring 2017 Corporate Presentation

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Page 1: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Spring 2017 Corporate Presentation

Page 2: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Forward Looking Statement

This presentation contains “forward-looking statements” relating but not limited to the Company’s expectations, plans, intentions andbeliefs, 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” orsimilar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions, comments orstatements about future events or performance. Forward-looking information may include statements regarding the estimation ofmineral 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 anduncertainties, many of which are beyond Orefinders Resources Inc.’s ability to control or predict. Factors that could cause actual resultsto differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources andreserves, 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 exchangerates, fluctuations in the price of gold and other commodity prices, poor market conditions, delays in the development of projects andother factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differmaterially 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 toplace undue reliance on forward-looking information since forward-looking information involves numerous assumptions, inherent risksand uncertainties, both general and specific. These same assumptions, risks and uncertainties contribute to the possibility that thepredictions, forecasts, projections and various future events will not occur. Orefinders Resources Inc. undertakes no obligation to updatepublicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factorswhich affect this information, except as required by law.

All currency numbers are reported in Canadian dollars unless otherwise indicated.

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Page 3: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Directors & Management

Stephen Stewart, M.Sc., MBA – CEO and DirectorStephen has over 15 years of experience in the resource and finance industries where he has evaluated and raised capital for natural resource projects. His focus has been on the acquisition, exploration and development of resource assets and has served as a senior officer with TSX Venture companies.

Alex Stewart, J.D. – Executive Chairman

Alex has over 40 years of experience in the practice of securities law and natural resource investment. In the past he was the founder behind a number of mining projects including the Cote Lake Project and the Eagle One deposit. He holds a Bachelor of Arts from the Western University, a Juris Doctor from the University of Toronto Law School and a Diploma, LCE, from the University of Madrid.

William (Bill) Stone, Ph.D., P.Geo - DirectorBill is a professional geologist with more than 30 years of experience in mineral exploration and project development of precious and base metal deposits in North America, Australia, Europe and Africa.

Claude Bouchard, P. Eng. - DirectorClaude is a mining engineer with over 30 years of experience and has held senior management positions at the Levack & Footwall deposits for FNX Mining Company Inc.

Jeffery Becker, LLB – DirectorJeff Becker. comes from a family involved in the mining exploration business for more than 60 years. Jeff practiced law in British Columbia for many years and got involved full time in the Becker Group of exploration companies, which are headquartered in Toronto, 15 years ago. Presently Jeff is President and CEO of Jubilee Gold Exploration Ltd. which is listed on the Venture Exchange.

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Page 4: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Mirado Gold Project

• Mirado in Kirkland Lake contains three former producing mines, including the South Zone which Orefinders is completing a PEA to put the Open Pit back into production in the near term

• In 2017 sold 1,414 oz. of Gold from its bulk sample from the Stockpiles from the Mirado Mine.

• North Zone’s Underground Mine has High Grade Au & Base Metal VMS Mineralization

• 2,417 hectares including 12 patent claims 100% owned by Orefinders

Mirado Mine

Page 5: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Abitibi Major Faults & Deposits

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Page 6: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Regional Controlling Structure

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Round Lake Dome Batholith

Mirado Mine

Orefinders

Young-Davidson Mine

Alamos

Juby - Tahoe

Minto/Tyrenite Mine -

Premet

Page 7: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Mirado Map

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Two Different Styles of Mineralization occur on the Mirado Project which are divided by the Mirado Fault

South Zone’s Near Surface High Grade Pyritic

stringer/stockwork includes the Open Pit and

its Western Extension of the MZ Zone.

Mined in the 1980’s.

North Zone’s Gold Rich VMS Mineralization

Mined underground in the 1930’s.

Page 8: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Plan View of North, South & MZ Zones

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Page 9: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

North Vs. South Mineralization Style

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Page 10: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

IP – Conceptual Pit & North Zone Shaft

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The Mirado Deposit remains open along strike and at depth– no drilling below 300 metres

Page 11: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

South Zone: High Grade Open Pit

• Mirado’s South Zone includes the Open Pit which was in production in the 1980’s and operated by Golden Shield

• Orefinders priority is to restart the Open Pit utilizing a toll mill in the early years to avoid building a costly & time consuming processing and tailings facility

• Plenty of excess milling capacity in the region of Kirkland Lake

• All infrastructure is in place to restart a mining operation

• Mining operations could begin in the near term

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Page 12: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

North Zone: Au Rich VMS Mineralization

• +9 km of favourable stratigraphy with Multiple

Au-rich polymetallic cross-stratigraphic structures

• Au-Ag-Zn-Cu horizons identified in drill core

are continuous over 400m and extend 300m

in depth

• Grade from core up to 6.9 g/t Au over 4.30m

and 1.5% Zn/5.50m

• Numerous Zinc & Copper anomalies identified in

lithogeochemistry

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Page 13: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Stockpile Bulk Sample

• Crushed, Shipped and Milled ~24,000 tonnes of resource

• Recovered and sold 1,414oz of good delivery gold

• Average grade of bulk sample was 2 g/t Au

• Resource was milled at IAMGOLD’s Westwood facility

• Upgraded road and bridge with all season access for 40 tonne trucks

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Page 14: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

2017 Development & Exploration Plan

South Zone• PEA & Updated Resource

Calculation in progress, expected completion in Summer 2017

• MZ Zone drill campaign to connect with South Zone Open Pit

• Resample historic AMAX drill core to include in PEA

• Amend Permits for Ongoing production from Open Pit

North Zone

• Re-assay 2013 drill holes for base metals (only gold was completed)

• Drill Program to follow up on high grade intersections from 2013 and AMAX historical holes

• Geological Mapping, North Zone only 5% explored

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Two Drill Programs, An updated Mineral Resource Calculation and a PEA

Page 15: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Metallurgy

• 2017 Metallurgical recoveries from Stockpile Bulk Sample +95%

• 2014 Metallurgy Report Completed by SGS Minerals Services averaged 92.9% gold recovery with direct cyanidation

• Gold recovery from a combined gravity concentration and flotation was 94.4%

• No Deleterious Elements

• 1986’s Lakefield Research Ltd. historical test work which reported 93% recoveries with direct cyanidation

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Page 16: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Environmental Baseline Studies Complete

• Closure Plan filed with Ontario’s

MNDM in 2016

• $90K Bond on Deposit with Province

for site reclamation

• Closure Plan will be updated to

to include Open Pit Mine Plan

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Stream Gauging

Weather StationWell Monitoring

Benthic Sampling

Page 17: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

First Nations & Community Engagement

• First Nations and Métis communication is important to Orefinders with regard future exploration and development of the Mirado Project

• Orefinders will continue with its duty to consult with First Nations as needed to enable future exploration and development

• Completed All Community Engagement and Consultation Meetings to fulfill 2016 Closure Plan Requirements

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Page 18: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Capital Structure

• Cash & Equivalents as at April 3, 2017• $1.8 Million CAD

• No Debt

• Shares Outstanding• 58,713,285

• Fully Diluted Shares Outstanding• 69,043,928

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Page 19: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Contact Us

Stephen StewartChief Executive Officer

Orefinders Resources Inc.

[email protected]

416.644.1567

Head Office2500 – 120 Adelaide Street West

Toronto, Canada

M5H 1T1

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Page 20: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

APPENDIX

Page 21: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

South Zone Open Pit Drill Highlights (2013)

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HOLE # INTERVAL GRADE GRADE FROM TO

# (m) (g/t Au) cut (g/t Au) uncut (m) (m)

MD13-02 26.7 2.42 4.38 33.1 59.8

MD13-05 8.75 5.51 7.5 150 158.75

MD13-12 30.2 4.03 62.8 93

incl. 8.2 10.58 62.8 71

MD13-19 14.5 8.1 77 91.5

MD13-28 31.5 3.05 10.9 18.5 50

MD13-30 19.2 4.77 10.2 90.3 109.5

Page 22: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

North Zone VMS Drill Highlights (2013)

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HOLE INTERVAL GRADE FROM TO

# (m) (g/t Au) (m) (m)

MD13-08 17.5 2.41 73.9 91.4

incl. 3.1 6.68 79.3 82.4

MD13-10 3.7 6.68 12.5 16.2

MD13-10 5.5 4.05 114.8 120.3

MD13-10 19.5 3.65 265.2 284.7

incl. 4.5 6.5 265.2 269.7

and incl. 6 6.32 278.7 284.7

MD13-25 6 6.27 48 54

MD13-26 5.7 4.31 291.5 297.2

Page 23: | ORX:TSXV · | ORX:TSXV Directors & Management Stephen Stewart, M.Sc., MBA –CEO and Director Stephen has over 15 years of experience in the resource and finance industries where

WWW.OREFINDERS.CA | ORX:TSXV

Historical Drilling Intersections

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Hole-ID From To Interval Au (g/t) Section

1050-25 55.5 82.5 27 1.82 B-B'

Including 69 80.3 11.3 3.49 B-B'

1050-28 43.3 96 52.7 3.04 A-A'

Including 75.55 95.05 19.5 6.81 A-A'

1050-29 28.5 51 22.5 1.63 B-B'

1050-30 14.2 63 48.8 1.04 B-B'

1050-32 15 148.5 133.5 1.24 B-B'

Including 103.45 136.5 33.05 2.68 B-B'

1050-33 18 153 135 1.48 B-B'

Including 31.5 46.5 15 2.45 B-B'

Including 63 94.5 31.5 3.49 B-B'

1050-35 18 73.5 55.5 1.41 A-A'

Including 34.5 55.5 21 2.04 A-A'

1050-35 118.5 130 11.5 2.55 A-A'

1050-37 78.8 119.4 40.6 1.04 A-A'

Including 94.5 112.5 18 1.66 A-A'

1050-43 222.45 252 29.55 1.64 A-A'

1050-43 262.5 270 7.5 3.48 A-A'

1050-44 73.5 132 58.5 1.17 B-B'

Including 102 129 27 2.46 B-B'

1050-46 58.1 81 22.9 2.61 A-A'

1050-46 100.5 114 13.5 3.18 A-A'

1050-49 150 168 18 1.88 B-B'

1050-50 66 78 12 7.06 B-B'

Including 75 78 3 27.55 B-B'

1050-50 99 132.85 33.85 1 B-B'

AMAX Intervals

Hole-ID From To Interval Au (g/t) Section

85-01 31.54 68.93 37.39 2.25 B-B'

85-05 41.18 136.64 95.46 1.68 B-B'

Including 41.18 69.17 27.99 1.21 B-B'

Including 74.66 136.64 61.98 2.03 B-B'

85-06 28.98 70.49 41.51 7.28 B-B'

Including 40.44 70.49 30.05 9.94 B-B'

85-09 78.84 102.63 23.79 2.47 B-B'

86-03 23.79 44.07 20.28 1.86 B-B'

86-12 20.44 44.84 24.4 1.64 A-A'

86-14 41.02 43.01 1.99 24.05 A-A'

86-14 48.19 52.15 3.96 6.58 A-A'

86-20 55.51 78.84 23.33 3.62 B-B'

86-23 14.95 28.82 13.87 2.7 B-B'

86-32 9 37.36 28.36 2.11 B-B'

86-35 7.56 37.03 29.47 4.4 B-B'

86-36 26.38 41.3 14.92 3.39 B-B'

86-57 10.75 47.89 37.14 5.84 B-B'

86-58 24.71 50.94 26.23 1.46 B-B'

86-59 10.77 22.88 12.11 2.13 B-B'

86-60 8.24 44.84 36.6 1.64 B-B'

86-62 14.34 47.89 33.55 4.31 B-B'

86-65 18.91 27.45 8.54 3.05 B-B'

86-66 7.78 45.75 37.97 3.45 B-B'

86-67 6.71 26.08 19.37 4.31 B-B'

86-79 23.49 37.67 14.18 3.64 A-A'

Golden Shield Resources Intervals