Exploring for gold and copper in Australia

1

A PRECIOUS AND BASE METAL EXPLORATION COMPANY

Important Information

This presentation has been prepared by Rockfire Resources plc (“ROCK” or the

“Company”). 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. This presentation contains forecasts, projections and

forward looking information. Such forecasts, projections and information are not a

guarantee of future performance and involve unknown risks and uncertainties, many of

which are out of ROCK’s control. Actual results and developments will almost certainly differ

materially from those expressed or implied. ROCK has not audited or investigated the

accuracy or completeness of the information, statements and opinions contained in this

presentation. To the maximum extent permitted by applicable laws, ROCK makes no

representation and can give no assurance, guarantee or warranty, express or implied, as to,

and takes no responsibility and assumes no liability for (1) the authenticity, validity,

accuracy, suitability or completeness of, or any errors in or omission from, any information,

statement or opinion contained in this presentation and (2) without prejudice to the

generality of the foregoing, the achievement or accuracy of any forecasts, projections or

other forward looking information contained or referred to in this presentation. This overview

of the Company does not purport to be all inclusive or to contain all information which its

recipients may require in order to make an informed assessment of ROCK’s targeted

prospects. You should conduct your own investigation and perform your own analysis in

order to satisfy yourself as to the accuracy and completeness of the information, statements

and opinions contained in this presentation before making any investment decision.

DISCLAIMER

ROCKFIRE 2

✓Exploring amongst multi-million-ounce gold deposits in

Queensland, Australia;

✓Focussed on near-surface gold projects and large-scale

copper projects;

✓An experienced and successful board of directors;

✓Low-risk, mining-friendly jurisdiction;

✓Early-entry market capitalisation opportunity;

✓A substantial portfolio of 100%-owned projects.

EXPLORING AMONGST GIANTS

ROCKFIRE 3

CORPORATE SNAP-SHOT

ROCKFIRE 4

AIM Code: ROCKOrdinary Shares (million) 435,886,277

Market Cap (£0.0060) £2.61M

Number of shareholders 146

Percentage of shares not in public hands 41.50%

Top 10 Shareholders Shares (M) %Jim Nominees Limited 81,684,825 18.74

Lynchwood Nominees Limited 46,228,892 10.61

Hargreaves Landsdowne (HLNOM) 37,741,788 8.66

Hargreaves Landsdowne (15942) 25,673,458 5.89

Hargreaves Landsdowne (VRA) 25,644,483 5.88

Pershing Nominees Limited 16,384,621 3.76

Barclays Direct Investing Nominees 15,413,985 3.54

Interactive Investor Services Nominees 13,549,342 3.11

Vidacos Nominees Limited 13,000,000 2.98

WB Nominees Limited 11,912,375 2.73

65.90 * denotes directors and management Top 10 shareholders

Directors & Management Shares (M) %Nicholas Walley 51,465,800 11.81

David W Price 13,600,000 3.12

Edward Fry (Exploration Manager) 13,000,000 2.98

Gordon Hart 8,823,530 2.02

Patrick Elliott 2,941,176 0.67

89,830,506 20.61

• David Price - MD & CEO (B.Sc., FAusIMM)

Geologist, (30 years experience)

• Gordon Hart - Chairman (GAICD)

Equities, Finance, Governance

(+35 years experience)

• Edward Fry – Exploration Manager

(B.Sc. (Hons), MAusIMM)

Geologist, (10 years experience)

5

• Ian Staunton - NED

Audit, Corporate Finance

(+40 years experience)

EXPERIENCE IS KEY

ROCKFIRE 5

• Patrick Elliott - NED

Mergers, Acquisitions, Investor

(35 years experience)

• Nicholas Walley - NED

Business, Investor

(35 years experience)

AUSTRALIA

ROCKFIRE 6

QUEENSLAND, AUSTRALIA

ROCKFIRE 7

LIGHTHOUSE TENEMENT

MARENGO TENEMENT

COPPERHEAD TENEMENT

COPPER DOME TENEMENT

KOOKABURRA TENEMENT

MONARCH TENEMENT

NEW LEYSHON TENEMENT

• Plateau• Double Event• Cardigan Dam• Brigalow• Regional

• Native Bee• Brigalow Alluvials

GOLD PROJECTS COPPER PROJECTS

BASE METAL PROJECTS

LIGHTHOUSE TENEMENT

• Rollston River (Zinc, Lead, Silver)• Warrawee (Zinc, Lead, Silver)• Scrubby Dam (Zinc, Lead, Silver)

8

LIGHTHOUSE TENEMENT

Owned 100% by Rockfire

Maiden JORC Inferred Resource (July 2019)

1.35mt @ 1.18g/t Au = 51,000 ounces of gold

STRATEGIC LAND ACCUMULATION

ROCKFIRE 9

Double Event

Plateau

Activeprocessing

plant

NEARBY GOLD PROCESSING PLANTS

ROCKFIRE10

Regional

production

+20m ozs gold

Activeprocessingplant

Activeprocessingplant

Rockfire has no guarantee that use of these facilities will be made available.

Historical drilling:

• 44m @ 2.4 g/t Au

• 10m @ 5.0 g/t Au

• 8m @ 3.0 g/t Au

• 14m @ 2.4 g/t Au

• 3m @ 4.9 g/t Au

December 2017 drilling:

• 22m @ 1.9 g/t Au + 22.3 g/t Ag

(39m downhole)

• 20m @ 0.5 g/t Au + 2.5 g/t Ag

(16m downhole)

• 10m @ 1.9 g/t Au + 9.0 g/t Ag

(18m downhole)

• 18m @ 1.0 g/t Au + 10.5 g/t Ag

(119m downhole)

RC DRILLING DECEMBER 2017

LIGHTHOUSE - PLATEAU PROSPECTOPEN PIT POTENTIAL

ROCKFIRE 11

LIGHTHOUSE - PLATEAU PROSPECTOPEN AT DEPTH

ROCKFIRE 12

Plateau South Lode

Plateau East Lode

RC DRILLING JUNE 2018

June 2018 drilling:

• 3m @ 2.1 g/t Au and 4 g/t Ag (from 23m)

• 4m @ 1.2 g/t Au and 4 g/t Ag (from 24m)

• 1m @ 6.0 g/t Au and 30 g/t Ag (from 25m)

• 3m @ 1.3g/t Au and 4 g/t Ag (from 10m)

• 2m @ 2.5g/t Au and 5 g/t Ag (from 41m)

• 3m @ 2.7 g/t Au and 7 g/t Ag (from 39m)

LIGHTHOUSE - DOUBLE EVENT PROSPECT EAST VEIN

ROCKFIRE 13

RC DRILLING NOVEMBER 2018

November 2018 drilling:

• 5m @ 6.4 g/t Au (from 27m)

• 3m @ 2.9 g/t Au (from 15m)

• 3m @ 1.9 g/t Au (from 31m)

• 2m @ 3.2 g/t Au (from 13m)

• 4m @ 1.8 g/t Au (from 16m)

• 2m @ 1.5 g/t Au (from 21m)

LIGHTHOUSE - DOUBLE EVENT PROSPECT WEST VEIN

ROCKFIRE 14

SOIL SAMPLING MAY 2019

LIGHTHOUSE - DOUBLE EVENT PROSPECT WEST VEIN

ROCKFIRE 15

3.86 ppm Au

2.34 ppm Au

+100ppb Au50 - 100ppb Au30 - 50ppb Au

Porphyry copper

16

COPPERHEAD TENEMENT

Owned 100% by Rockfire

COPPERHEAD – LARGE-SCALE PROJECT

ROCKFIRE 17

Rockfire Resources

Copperhead Project

Historical Stream Sampling

Julivon Prospect

+450ppm Cu

+450ppm Cu

• Cu veins discovered in 1970

• Auger drilling in 1971

+100ppm copper-in-soil

3km x 2km

• Highest copper-in-soil is

5,520ppm (0.55% Cu)

• Almost 3% of samples

returned results +0.1% Cu

Listed in the USGS ‘Global Mineral Resource Assessment’

COPPERHEAD – HIGH-GRADE SOILS

ROCKFIRE 18

Rockfire ResourcesCopperhead Project

Soil auger geochemistry

COPPERHEAD – BROAD, SURFACE COPPER ANOMALY

ROCKFIRE 19

• 5 holes drilled by Carpentaria

Exploration in 1972.

• Core only sporadically

sampled

• Highest values in core

include 2.81% Cu and 12g/t

Ag

• Average copper equivalent

(Cu Eq.) grade from drilling is

0.35%

• 35 million tonnes** of host

rock estimated in 1972

COPPERHEAD – HIGH-GRADE SOILS

ROCKFIRE 20

** The historical tonnes and grades are conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

300 ppm Cu

COPPERHEAD – BROAD, SURFACE COPPER ANOMALY

ROCKFIRE 21

Cox. D.P. Descriptive Model of Porphyry Cu-Au. Modified from Langton

and Williams (1982) as published in the USGS (Bull5m01)

COPPERHEAD – BROAD, SURFACE COPPER ANOMALY

ROCKFIRE

Project Country Tonnage Grade (Cu %) Cu Content (T)

Escondida Chile 18,818,000,000 0.77 144,898,600

El Teniente Chile 20,731,000,000 0.62 128,532,200

Grasberg Indonesia 5,761,000,000 1.39 80,077,900

Los Bronces-Rio Blanco Chile 5,000,000,000 1.00 50,000,000

Chuquicamata Chile 7,521,000,000 0.56 42,117,600

Morenci USA 6,700,000,000 0.42 28,140,000

Oyu Tolgoi Mongolia 2,255,000,000 0.94 21,197,000

Los Pelambres Chile 3,311,000,000 0.63 20,859,300

Radomiro Tomic Chile 4,976,000,000 0.39 19,406,400

Sar Cheshmeh Iran 1,200,000,000 1.20 14,400,000

Cadia Valley Ops Australia 3,240,000,000 0.27 8,748,000

Elang Indonesia 2,425,000,000 0.31 7,517,500

Toki Chile 1,500,000,000 0.50 7,500,000

Batu Hijau Indonesia 1,100,000,000 0.53 5,775,000

Bingham USA 1,020,000,000 0.56 5,712,000

Dexing China 1,170,000,000 0.47 5,499,000

Namosi Fiji Islands 1,600,000,000 0.34 5,440,000

Kounrad Kazakhstan 800,000,000 0.62 4,960,000

Bougainville Papua New Guinea 994,000,000 0.48 4,771,200

Ok Tedi Papua New Guinea 700,000,000 0.63 4,410,000

Michiquillay Peru 631,000,000 0.69 4,353,900

Ministro Hales central Chile 343,000,000 0.89 3,052,700

Mina Sur Chile 171,000,000 1.18 2,017,800

Panagyurishte district Bulgaria 460,000,000 0.42 1,932,000

Opache Chile 319,000,000 0.60 1,914,000

Ministro Hales North Chile 139,000,000 1.17 1,626,300

Rosia Poieni Romania 350,000,000 0.36 1,260,000

Similkameen /Ingerbelle Canada 141,000,000 0.47 662,700

Genoveva Chile 150,000,000 0.35 525,000

Didipio Philippines 121,000,000 0.39 471,900

Copper Mountain Canada 31,000,000 0.90 279,000

Copperhead ** (non-JORC) Australia 35,000,000 0.35 Cu Eq. 122,500 Cu Eq.

Rockfire Resources plc

Comparison of Copper Resources as of 2019

** Current non-JORC calculation quoted from the 1972 drilling with a Cu Eq. grade of 0.35 %

Source: www.portergeo.com.au/database/index.asp (May include remnant resources)

http://www.portergeo.com.au/database/index.asp

Porphyry copper

23

COPPER DOME TENEMENT

Owned 100% by Rockfire

• Potentially large-scale mineralised system

• 50km from Copperhead

• Outcrops at surface

• Surface copper anomaly over 2km long and 1km wide;

• Previous diamond drilling has intersected;

o 15.24m @ 0.88 % Cu (including 4.58m @ 2.28 % Cu) from 161m downhole deptho 12.20m @ 0.61 % Cu (including 3.05m @ 1.24 % Cu) from 54m downhole deptho 24.38m @ 0.27 % Cu (including 7.4m @ 0.43% Cu) from 225m downhole depth

• Diamond hole QML004 - 51.20m @ 0.20 g/t Au (from 72m downhole depth)

COPPER DOME – A SECOND LARGE-SCALE PROJECT

ROCKFIRE 24

Listed in the USGS ‘Global Mineral Resource Assessment’

COPPER DOME – UNDER-EXPLORED, HIGH-POTENTIAL

ROCKFIRE 25

COPPER DOME – HIGH GRADE COPPER, GOLD, SILVER

ROCKFIRE 26

SOIL SAMPLING MAY 2019

Copper-in-soil results Gold-in-soil results

ROCKFIRE – INDICATIVE COPPERHEAD EXPLORATION

ROCKFIRE 27

Drilling at Copperhead

News flow of results

3D Induced Polarisation geophysics

Expansion and deeper drilling at Copperhead

News flow of results

Metallurgical test work

28

CONTACT

www.rockfireresources.com

info@rockfireresources.com

Salisbury House, London Wall

London EC2M 5PS, United Kingdom

http://www.rockfireresources.com/mailto:info@rockfireresources.com