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ORE RESOURCES LIMITED Investor Presentation 2017

Aug 28, 2017

65504_rns_2017-08-28_532e62d9-bc4e-4971-a1b6-39afb97aa8d2.pdf

Investor Presentation

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DISCOVERING TOMORROWS RENEWABLE ENERGY TODAY

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AUGUST 2017

DISCLAIMER

This presentation has been prepared by Auroch Minerals Ltd (Auroch or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation is not to be distributed (nor taken to have been distributed) to any persons in any jurisdictions to whom an offer or solicitation to buy shares in the Company would be unlawful. Any recipient of the presentation warrants to the Company that the receipt of the presentation is not unlawful. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation or any information, opinions or conclusions expressed in the course of this presentation.

This presentation is not a prospectus, product disclosure document or other offering document under Australian law or under any other law. It has been prepared for information purposes only. This presentation contains general summary information and does not take into account the investment objectives, financial situation and particular needs of any individual investor. It is not financial product advice and investors should undertake their own due diligence and obtain their own independent advice from qualified professional advisors having regarding to their objectives, financial situation and needs. Neither Auroch nor any of its related bodies corporate is licensed to provide financial product advice.

This presentation and information, opinions or conclusions expressed in the course of this presentation contains forecasts, projections and opinions which constitute forward looking statements. Forward looking statements include, but are not limited to, statements concerning the Company’s exploration programme, outlook and target sizes. They include statements qualified by words such as “potential”, “target”, “scheduled”, “planned”, “estimate”, “possible”, “future”, “prospective” and similar expressions. Such forward looking statements are not a guarantee of future performance, and are subject to numerous risks, uncertainties and other factors, including unknown ones. Actual results and developments will almost certainly differ materially from those expressed or implied. There are a number of risks, both specific to Auroch and of a general nature which may affect the future operating and financial performance of Auroch and the value of an investment in Auroch including but not limited to title risk, renewal risk, economic and general market conditions, stock market fluctuations, price movements, regulatory risks, operational risks, reliance on key personnel, uncertainties relating to interpretation of exploration results, geology and resource estimations, native title risks, foreign currency fluctuations, uncertainties relating to the availability of/access to additional capital, infrastructure or environmental approvals, and mining development, construction and commissioning risk. Auroch expressly disclaims any intention or obligation to update or revise any forward looking statements whether as a result of new information, future events, or otherwise.

To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted, by the Company or any of its officers, employees, agents or consultants or any other person, as to the adequacy, accuracy, completeness or reasonableness of the information in this presentation. An investment in the shares of the Company is to be considered highly speculative.

The exploration targets or conceptual exploration targets in this presentation or expressed during the course of this presentation are subject to completion of the necessary feasibility studies, permitting and execution of all necessary infrastructure agreements. In relation to any statements pertaining to future exploration targets or conceptual exploration targets, the nature of the exploration target means that the potential quantity and grade is conceptual in nature. This presentation and information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with Auroch’s other periodic and continuous disclosure announcements lodged with the ASX, which will be available on the Auroch website.

The information in this report that relates to Exploration Results is based on information compiled by Dr. Andrew Tunks and represents an accurate representation of the available data. Dr. Tunks (Member Australian Institute Geoscientists) is the Company’s Chief Executive Officer and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Tunks consents to the inclusion in the reportof the matters based on his information in the form and context in which itappears.

ASX:AOU WWW.AUROCHMINERALS.COM

AUROCH’S RENEWABLE TRINITY

CZECH REPUBLIC

PORTUGAL

NAMIBA

TISOVÁ PROJECT

ALCOUTIM PROJECT

KARIBIB PROJECT

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DRILLING COMMENCING MID-SEPT

DRILLING UNDERWAYDRILLING PROGRAM COMMENCED

AWAITING APPROVALS

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AUROCH THE ACTIVE EXPLORER

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Renewablefocussed Team has strong Drilling activityand metals explorer discovery history, consistent news flow with assets in Czech global experience Republic, Portugal and corporatesuccess and Namibia

AUROCH MINERALS VISION

FOCUS VALUE BUILD A RENEWABLE CREATION QUALITY ENERGY THROUGH PORTFOLIO DISCOVERY

CORPORATE SNAPSHOT

TICKER SHARESOUTSTANDING ASX:AOU 85.6m

OPTIONS MARKET CAPITALISATION CASH AND RECEIVABLES 30.5m $15.5m $7.1m @ $0.18

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STRATEGY AND DEMAND

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INFRASTRUCTURE & LI-ION BATTERIES ELECTRIC VEHICLES

COPPER WIRING IN VEHICLES

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Source. US Global Investors

“Global battery-making capacity is set to more than double by 2021”

Source. Bloomberg NEF

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ALCOUTIM PROJECT

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ALCOUTIM PROJECT

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VOLCANIC MASSIVE SULPHIDES

  • High-grade

  • Well known metallurgy

  • VMS form on the sea floor

  • VMS polymetallic Cu–Zn–Sn–Pb–Ag–Au

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ALCOUTIM PROJECT

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THE PRIZE

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ALCOUTIM PROJECT

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LAND OF THE GIANTS

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ALCOUTIM PROJECT

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HEADING

  • 22 defined geophysical targets

  • Coincident Anomalies

EM Gravity Magnetic

  • Immediately along the NEVES CORVO trend

  • Drilling underway

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ALCOUTIM PROJECT

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PORTUGAL

Government: Parliamentary democracy (EU) Population: 11 million Capital: Lisbon GDP: US$ 289B (2015) GDP Growth: 1.5% (2015) Income Capita:US$ 28,000 (2015) Corporate Tax: 25% Royalties: Negotiated

SUMMARY

  • Auroch earning 75% of Project

  • High-grade deposits in Belt

  • Adjacent to one of the worlds great deposits - Neves Corvo

  • Exploration program commenced

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TISOVÁ PROJECT

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TISOVÁ PROJECT

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LOCATION

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IN THE HEART OF INDUSTRIAL EUROPE

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TISOVÁ PROJECT

LICENCE AND DRILLING

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t Co(%) Co(%) Co(%) Cu(%) Cu(%) Cu(%) Cu(%) Au(ppm) Au(ppm) Au(ppm) Au(ppm) Au(ppm)
0.16 2.52 1.97
0.14 1.95 1.01
0.17 0.24 3.73
0.02 3.60 0.52
0.12 0.74 0.86
0.05 0.67 1.76
0.29 2.25 2.14
0.69 1.17 1.40
0.18 2.09 1.47
0.14 1.08 0.14
0.30 0.82 2.22
0.09 1.33 1.05
0.07 17.05 0.97
0.25 1.78 3. 06
0.02 4.09 0.48
0.04 9.53 0.54
0.13 0.82 0.79
0.04 3.56 0.29
0.04 7.19 0.63
0.02 3.90 0.43
0.07 0.19 2 .54
0.13 0.66 1.33
AVERAGE 0.14 3.06 1.33

HIGHLIGHTS Co - 0.69% Cu - 17.1% Au – 3.7g/t Ag – 178 g/t

A PROVEN POLYMETALLIC DEPOSIT

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TISOVÁ PROJECT

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Vertical Cross Section

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TISOVÁ PROJECT

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CZECH REPUBLIC

Government: Parliamentary democracy (EU) Population: 10.5 million Capital: Prague GDP: US$ 342B (2015) GDP Growth: 1.9% (2015) Income Capita:US$ 30,500 (2015) Corporate Tax: 19%

SUMMARY

  • A project with genuine scale

  • 600 year mining history

  • Orebody defined by over 200 historic holes (Cu only)

  • Over 30k underground development

  • Drilling commencing in September 2017

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KARIBIB PROJECT

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KARIBIB PROJECT

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NAMIBIA

Government: Democracy Population: 2.5 million Capital: Windhoek 2% GDP: US$11.5B (2015) Income Capita: US$ 30,500 (2015) Corporate Tax: 37.5% Royalties: 2%

SUMMARY

  • Auroch has secured a dominant ground position in an unexplored lithium rich province

  • Several Li-rich pegmatites have been mapped significant length and thickness = tonnes

  • Close to road, rail and mining workforce at Karibib Low geological and political risk

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KARIBIB PROJECT

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GEOLOGY OVERVIEW - AN UNEXPLORED LITHIUM RICH PROVINCE

  • Series of Lithium- Caesium -Tantalum (LCT) pegmatites

  • Hundreds of individual pegmatites documented

  • Home of 90% of Namibia’s historic Lithium

  • production from Rubikon and Helikon lithium mines

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LITHIUM MINERALOGY

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Spodumene – 7%Li2O

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Amblygonite – 9%Li2O
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Petalite – 4.5% Li O
2
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Lepidolite – 3.5 to 6.0% Li2O

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PROJECT NEWS FLOW

TISOVÁ PROJECT

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DRILLING PROGRAM

AUG ’17

Approval received for initial 12-hole drilling program at Tisová

SEPT ‘17

Drilling scheduled to commence in early September

NOV ‘17

Assay reults Tisová

2018

5,500m in 12 holes surface diamond drill program

ALCOUTIM PROJECT

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EXPLORATION PROGRAM COMMENCED

MAR ’17

22 Coincident targets

  • Gravity, EM, Mag

MAY ’17

Drilling underway (2 holes completed)

CURRENT

Phase 1 will test 3 targets

CURRENT

Downhole geophysics on each hole

2018

Phase 2 will be designed to improve on phase one targeting

KARIBIB PROJECT

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5 EPL/A’s

EXPLORATION PROGRAM

EPL 5751

  • Interpretation of radiometrics

  • Initial Recon to known pegmatites

  • Sampling – grades up Drill program planning to 2.7 % Li2O

  • Recon field visits to pegmatites

  • Geophysics to locate hidden opportunities

  • Sampling pegmatites

  • Await granting of licences

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WHAT HAPPENS WHEN YOU FIND ONE?

SIRIUS RESOURCES NOVA BOLLINGER Ni DISCOVERY

SANDFIRE RESOURCES DE GRUSSA Cu DISCOVERY

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AUROCH

DISCOVERING SHAREHOLDER VALUE

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FOCUSSED ON 3 ACTIVE $7.1M 45% TOP 10 EXPERIENCED EXPLORING EXPLORATIONS strong cash tight share register board and for metals crucial PROJECTS position management to renewable with massive energy industry potential upside

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CONTACT

EXECUTIVE CHAIRMAN Mr Glenn Whiddon E: [email protected] MOB: +61 041 0612 920

Corporate Office Unit 5, 1 Centro Avenue Subiaco WA 6008

CEO Dr Andrew Tunks E: [email protected] MOB: +61 400 205 555

PO Box 510 Subiaco WA 6904 Tel: +61 8 9486 4036 Fax: +61 8 9486 4799