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ORFORD MINING Orford Mining Corporate Presentation October 2019 TSXV: ORM

Transcript of ORFORD MINING - AEMQaemq.org/wp-content/uploads/sites/2/2019/10/conferences/...Orford Mining...

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ORFORD MINING

Orford MiningCorporate Presentation

October 2019

TSXV: ORM

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Orford Mining

TSX-V:ORM October 20192

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.

Disclaimer

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Orford Mining

TSX-V:ORM October 20193

Why Orford Mining?Investment Highlights

New strategic investor

Qiqavik Project:

discovery of new gold

district

West Raglan: potential

for multiple large, high

grade Ni-Cu-PGE

deposits

Safe, proven mining

jurisdiction

• Recently completed two equity financing raising a total of C$4.6M whereby Alamos Gold became a

22.2% 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

• Identified a 40-km long Qiqavik Break Shear Zone with 11 gold mineralized areas, which remain

largely unexplored

• 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.

• Projects located in Quebec, which was the 4th ranked jurisdiction in the world for mining investment

attractiveness according to 2018 Frasier Institute survey

• Success of mines such as Meadowbank, Meliadine and Raglan demonstrates viability of

discovering and developing large-scale mining projects in northern Canada

• Advanced stage Ni-Cu-PGE exploration project covering nearly 470 km2 in the Cape Smith Belt

• Identified outcropping mineralization over +35 km of strike, many zones have very limited testing

• Frontier Zone: similar geology to Glencore’s Raglan Mine (MI&I: 35Mt at 3.2% Ni, 0.93% Cu and 3.2

g/t PGE1) with high-grade (2-3% Ni, 3+ g/t PGE) mineralized lens clusters over a 2,500 m strike

1. This information is not necessarily indicative of the mineralization on Orford Mining’s properties

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Orford Mining

TSX-V:ORM October 20194

David ChristiePresident, CEO, and

Director

• Professional Geologist with more than 33 years of experience in the resource sector

• Former Vice President with Goodman & Company Investment Counsel and Dundee Resources Inc.

• Former President, CEO, and Director of Eagle Hill Exploration and former mining research analyst at TD and Scotia

• Director of eCobalt Solutions Inc. and former director of Osisko Mining Inc. and Condor Precious Metals (private)

Tim HollaarCFO

• +20 years of experience in mining industry finance positions

• Served in senior finance and marketing positions with several nickel companies

Alger St-JeanVP Exploration

• Professional Geologist with +25 years of experience in mineral exploration and development

• Current VP Exploration of RNC Minerals and former Senior Geologist at Xstrata Nickel (formerly Falconbridge)

Michelle SciortinoSenior Project Manager

• Professional Geologist with +10 years of experience in mineral exploration and development

• Current Senior Project Geologist with RNC Minerals

Mark SelbyChairman

• Current President and CEO of RNC Minerals, with +20 years of experience in finance and corporate development at

various companies, including Quadra Mining and Inco Limited

• Former VP Business Planning & Market Research at Quadra Mining

John LeddyDirector

• Over 20 years of experience as a business lawyer and in private equity specializing in M&A, capital raising and

structuring and other strategic transactions

• Current VP, Business Development and General Counsel of RNC Minerals

• Former Partner in Business Law Group (M&A) at Osler

Mark GoodmanDirector

• Former Executive VP and COO of Dundee Corporation and Chairman of Dundee Sustainable Technologies

• Previous CEO of Ryan Gold, Valdez Gold, Cogitore Resources, a base metal exploration company in Northern Quebec

Lawrence SmithDirector

• +25 years of experience in investment management, equity research, and banking – MBA and CFA holder

• 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 PullingerDirector

• Professional Geologist with over 15 years of exploration and mining experience

• Current Senior Vice President of Geology for Excellon Resources Inc.

• Former Vice-President Exploration at Roxgold Inc.

Peter MacPhail

Director• Professional Engineer with over 25 years of operational experience

• Current Chief Operating Officer of Alamos Gold Inc.

• Former Chief Operating Officer of AuRico Gold

Management & Board of DirectorsHigh Quality Exploration Team and Capital Markets-Focused Board

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Orford Mining

TSX-V:ORM October 20195

Capital Structure

Ticker TSXV:ORM

Share Price (as of October 21, 2019) C$0.05

Basic Shares Outstanding1 95.0M

Options (weighted avg. strike of C$0.32) 6.6M

Warrants (weighted avg. strike of C$0.68) 13.9M

Fully Diluted Shares Outstanding 115.5M

Market Capitalization (Basic) C$4.7M

Cash1 C$2.0M

Share Ownership

Share Price Performance (Last 12 Months)

1. June 30, 2019.

2. Includes the following institutions: Marquest Asset Management, T.I.P Wealth Manager and Caisse de

dépôt et placement du Québec

Source: S&P Capital IQ

Corporate SnapshotCapital Structure and Share Ownership

RNC Minerals

(TSX:RNX)

24%

Alamos Gold

(TSX:AGI)

22%

Institutions²

21%

Dundee

Resources Ltd.

14%

Retail & Other

19%

Management &

Insiders…

0.00

0.05

0.10

0.15

0.20

0.25

0.30

$0.00

$0.05

$0.10

$0.15

$0.20

$0.25

$0.30

Oct/18 Nov/18 Dec/18 Jan/19 Feb/19 Mar/19 Apr/19 May/19 Jun/19 Jul/19 Aug/19 Sep/19 Oct/19

Vo

lum

e (

millio

ns)

Sh

are

Pri

ce

(C

$)

Series2 Series1

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TSX-V:ORM

Orford Mining

Over 818 km2 land position in the highly prospective and underexplored Cape Smith BeltQuebec: 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

West Raglan Project (100% Interest)

• ~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

Hope Bay (TMAC)Commercial production in 2017. 7.7 g/t Au reserve grade

Meadowbank (Agnico Eagle)Commercial production in 2010. 3.5 g/t Au reserve grade

Meliadine (Agnico Eagle)Commercial production in May 2019. 7.0 g/t Au reserve grade

Raglan (Glencore)Produces 37,000 tonnes per year of nickel in concentrate

One of the richest base metal mines in the world

Project PortfolioAdvanced-Stage Exploration Projects in Northern Quebec

October 20196

Following a successful track record of discovering

and developing multi-million ounce gold projects in

Northern Canada

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Orford Mining

TSX-V:ORM October 20197

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

• 100% interest in ~348 km2 of highly prospective

gold properties in northern Quebec

• ~60 km from Glencore’s world-class Raglan Mine

• The parallel ultramafic “Raglan Belt” has yielded

world-class nickel deposits, but the northern

volcano-sedimentary portion of the Belt remains

virtually unexplored

• Property covers the 40 km long Qiqavik Break

Shear Zone and part of the Cape Smith Belt

• Gold districts with similar tectonic and age setting

to the Cape Smith Belt include1:

Flin Flon/Snow Lake, Canada

Ashanti Belt, West Africa

Tanami Goldfields, West Australia

Tapajos-Parima Belt, Brazil

• 11 significant mineralized areas discovered

Includes Interlake, Esperance, Esperance West, Horizon,

Aurora, Aurora West, Gerfaut, Gerfaut South, ABG Zone,

Focused Intrusive and Central Qiqavik

Qiqavik ProjectLarge, Highly Prospective Land Package in an Underexplored Emerging Gold District

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Orford Mining

TSX-V:ORM

Qiqavik Regional Geologic Setting Cape Smith Belt – Part of the Trans-hudsonian Orogeny

October 20198

• Qiqavik sits in the Cape Smith Belt (CSB),

which is part of the Trans Hudsonian Orogeny

(THO)

• Extensive historical Au exploration in the

Manitoba/Saskatchewan extension of the

belt (Lynn-Lake terrain)

• Historically Labrador Trough known for Fe

deposits, and Ni-PGE exploration, more

recently gold.

• CSB has similar groups of rocks and is

underexplored for various commodities,

specifically Au

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Orford Mining

TSX-V:ORM

CSB

October 20199

Suite Cape Smith: Syn- to Post Tectonic

Intrusives

Watts Group (1999 Ma)

Ophiolite

Parent & Spartan Groups (1898 to 1860

Ma)

Spartan: Clastic Fore Arc

Parent: Magmatic Arc

Chukotat (1918 Ma)

Komatiitic to N-Morb Basalts representing

change in rift to oceanic crust formation

Povungnituk (2038 to 1991 Ma)

Sedimentary and Volcanic units associated

with the rifting of the Superior Craton

• Cape Smith Belt is comprised of tectono-stratigraphic elements

that appear to have accreted on the northern margin of the

Superior during 0.2 Ga divergent-convergent tectonic activity

the early Proterozoic Ungava Orogeny.

• The Cape Smith Belt is divided into North and South Domains

divided by the Bergeron Fault at the northern contact of the

Chukotat group. Qiqavik sits in the North Domain.

Qiqavik Regional Geologic Setting

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Orford Mining

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Qiqavik ProjectSummary of 2017-2019 Exploration Programs

October 201910

Eastern Property Historic Work

1995 -1998 Falconbridge – SOQUEM

• FL drilled two holes into an EM anomaly and SOQUEM later resampled in DDH PAR96-01 extended mineralized zone to 10.5m of 3.08g/t Au which includes

1.1m of 5.45 g/t Au, 0.59%Zn and 3.4m of 6.79 g/t Au and 0.37% Zn

2011-2012 Tectonic Resources – Corvus Gold

• Geochem surveys across the eastern section of Qiqavik

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Orford Mining

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Qiqavik High Grade Gold ShowingsGold Showings at surface are prolific across the 40 km + property

October 201911

Note that grab samples are selective by nature and values reported may not be representative of mineralized zones. Drill intervals reported

in this presentation are down-hole core lengths as true thicknesses cannot be determined with available information.

2016 2017 2018

Exploration

activities

• Initial IP survey across select areas of

the property

• Prospecting, mapping, surface rock

sampling and till sampling

• Drilled 550 m (6 holes) at Gerfaut

• 721 line-km of airborne magnetic

surveys

• 105.6 line-km of IP surveying

• Prospecting, mapping, surface rock

sampling and till sampling

• 23-hole, 2,723 m drill program

• 6,067 line-km (50 m spacing) airborne magnetic

survey over the entire property

• 541 surface samples, of which 34 surface

samples had values >2 g/t gold

• Geological mapping, prospecting and ground VLF

geophysics

• 8-hole, 1,211 m drill program at Interlake

Key Findings • IP survey identified 10 targets

• Extended strike length of Qiqavik Break

from 15 km to 40 km

• Discovered surface gold at Aurora,

Esperance and Esperance West

• High grade surface gold samples

ranging from 26 g/t Au to 189 g/t Au

• Intersected up to 13.7 g/t at Aurora,

up to 8.8 g/t Au Esperance and 5.6

g/t Au at Esperance West

• Five new surface discoveries at

Aurora Central, Gerfaut South, Central

Qiqavik, Horizon, and Focused

Intrusive

• 34 surface samples over 2 g/t Au, including 342

g/t Au and 149.5 g/t Au

• Drill intercepted up to 24.6 m thick gold

mineralization at the Interlake Area

• Expanded dimensions of surface showings at

Focused Intrusive, Gerfaut South, and Interlake

Completed in 2019 (total on property):

• Frost Boils: 289 (5,022)

• Grab: 627 (2,647)

• Large Tills:153 (213)

• 1128 l-km VTEM

• 38.4 l-km IP Diamond drilling: 1,368 metres in

6 holes (5,852 metres in 43 holes)

Total 21 weeks of work on the ground since 2016

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Orford Mining

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Qiqavik High Grade Gold ShowingsSurface Gold Showings are prolific across the 40 km + property

October 201912

Note that grab samples are selective by nature and values reported may not be representative of mineralized zones. Drill intervals reported

in this presentation are down-hole core lengths as true thicknesses cannot be determined with available information.

Result of limited field work has resulted in gold showings across the 40+km property. Large parts of the property

are still covered at very wide prospecting spacing (1km)

VG

VG

VG

VG

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Orford Mining

TSX-V:ORM

Qiqavik Project - 2019 Program< 21 weeks of field work 2016-2019 and a lot of smoke but where’s the fire ?

October 201913

2019 Objectives:

• Targeting thick

structural corridors or

packages

• Understand transport

distance at various

parts of the property

• Combine VTEM, IP,

Magnetics and

Mapping to generate

high quality targets

• Focus efforts on four

key areas on Interlake,

IP Lake, Focus

Intrusion and

Esperance.

Intersected gold mineralization in all holes drilled in 2019 targeting three different geological structures

separated by 18 kms

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• 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)

October 201914

Qiqavik Project - 2019 ProgramSummary of Results

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Qiqavik – Interlake 2019 Results

October 201915

5km trend

• Interlake Structural Package approximately 5km East -West

• Widely spaced drilling over 3km, intersecting Gold mineralization

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Qiqavik- Interlake 2019 ResultsMultiple Parallel Conductors Tested in a Thick Package

October 201916

2km

• Interlake drilling has shown that the area consists of altered basalts with volcaniclastic tuffs and graphitic sediments. Mineralized zones show quartz silica flooding with pyrite, pyrrhotite, sphalerite and arsenopyrite mineralization

• Complex structure with evidence for large and small scale folding

• Opportunities for 2020: West Interlake –Source of Boulders to the north would suggest a more westerly target potentially proximal to North South dilational cross structures

section

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Orford Mining

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Qiqavik –2019 IP LakeIP Lake Structural Trends is Extensive and Gold Bearing

October 201917

• Discovery of the IP lake Structural Corridor is a result of following

a VG boulder Train from the North East

• Shear consists of sheared and foliated basalts with sericite,

quartz carbonate and fuchsite alteration

• Opportunity: Shear Corridor & Additional Till Samples (gold grain

counts) together with structural mapping of potential dilation

zones on cross structures

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Qiqavik –2019 IP LakeIP Lake 2020 –Significant Potential

October 201918

• 7km strike (open to

east and west)

• 3 boulder trends

identified (2 with

VG), source point

untested

• Till sample results to

help with targeting

sources in 2020

• Shear is flanked by

untested cherty Fe

formation on the

south.

• Multiple cross

structures proximal

to gold at surface,

which are the higest

priority targets in

2020

Property Expansion

Southward (10%)

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Qiqavik Project – Focused Intrusive Focused Intrusive QK-19-006

• Focused Intrusive is located on the western end of the Aurora Trend.

• Granodiorite intrusive associated with a mag low and topographic depression.

• Chargeability trend shown in red runs through the intrusive, Drill hole QK-19-06 tested the chargeable trend which is 1200m long and ran through the middle of the intrusion. It is also very strongly resistive.

• There are till and grab sample gold anomalies all around the Focused Intrusive.

October 201919

QK-19-006

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Gold returned throughout the drill hole with 8.57 g/t Au over 0.58 m

• QK-19-006 intersected altered and bleached granodiorite with disseminated pyrite, pyrrhotite (0.5-1%) and quartz veins hosting arsenopyrite and sphalerite.

• 2020 follow up –detailed surface mapping of the intrusion and the surrounding area

• Focused Intrusion has the potential to host large tonnage gold mineralization close to surface.

October 201920

Qiqavik Project – Focused Intrusive

QK19-006

QK-19-006 17.39 17.69 0.30 3.37

Focused

Intrusive

QK-19-006 34.46 35.19 0.73 0.65

QK-19-006 40.77 43.26 2.49 0.68

including 41.78 42.15 0.37 2.53

QK-19-006 48 50 2.00 0.94

including 48 48.3 0.30 5.48

QK-19-006 104 113.41 9.41 0.41

including 104 105 1.00 0.93

including 111.09 112 0.91 2.3

QK-19-006 173.42 175.26 1.84 2.8

including 173.42 174 0.58 8.57

QK-19-006 193.86 194.2 0.34 0.88

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Orford Mining

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• The Esperance/Esperance West gold/copper

mineralization has been found over a 4.5 km

strike east to west but with only small portions of

it drill tested.

• 2017 drill results include 2.5 m at 2.39 g/t Au and

0.26% Cu

• Further work is warranted in this extensive system

Qiqavik ProjectEsperance and Esperance West

Drill hole locations and significant surface samples from 2017 program

at Esperance and Esperance West Areas

2017 Drill Results at Esperance and Esperance WestHole ID From

(m)

To

(m)

Length

(m)

Gold Grade

(g/t)

Copper

Grade (%)

Esperance Zone

QK-17-008 17.5 20.0 2.50 2.39 0.26

QK-17-010 32.4 33.2 0.76 2.17 0.18

QK-17-011 30.0 31.5 1.50 1.62 0.34

Including 30.9 31.5 0.60 3.35 0.57

QK-17-012 72.8 75.2 2.36 1.17 0.73

QK-17-014 68.0 69.0 1.00 1.03 0.01

Esperance West Zone

QK-17-019 94.0 95.0 1.00 1.05 0.14

QK-17-021 32.0 39.1 7.10 1.59 1.28

including 33.0 34.1 1.10 3.62 2.04

QK-17-021 45.0 46.5 1.51 4.65 0.15

QK-17-022 28.0 35.0 7.00 2.37 2.19

Including 33.0 34.0 1.00 5.58 3.06

QK-17-022 59.0 60.0 1.00 4.75 0.10

QK-17-022 54.3 55.5 1.18 0.73 0.54

QK-17-022 137.0 138.0 1.00 1.02 0.46

October 201921

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Qiqavik ProjectEsperance and Esperance West – VTEM Points to Significant Untested Conductors

October 201922

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Orford Mining

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Orford MiningLocal Community Involvement

• 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

• 16% (18% in 2017) of workforce in 2018 were Inuit

• 12% (14% of 2017) 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

Fostering strong relationships with government, local communities and First Nations Groups

October 201923

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2019 Take - AwaysPotential Remains Strong

October 201924

• Discovered large strike extensive mineralized structures possibly associated with

zones of dilation

• Intersected gold mineralization in all holes drilled in 2019 targeting three

different geological structures on the property separated by up to 18km

• Confirmed gold mineralization in drilling results associated with multiple quartz

veins in the felsic intrusive body, Focused Intrusion

• Confirmed Gold in drilling on the newly discovered 7 km long IP Lake Shear

• 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 1800’s …deposits still being defined and discovered today.

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Note: The information disclosed herein in respect of the West Raglan Property is based on the independent report of Clement Dombrowski, P.Geo of IOS Services Geoscientifiques Inc. titled “NI

43-101 Technical Report on West Raglan Project, Northern Quebec, Canada” effective February 20, 2017

Location in the Cape Smith Belt

West Raglan ProjectLarge Land Package in a Rich Nickel, PGE District

Massive 470 km2 property in a prolific, yet underexplored region in Quebec

• 100%-owned, advanced stage Ni-Cu-PGE

exploration project covering nearly 470 km2 in

the Cape Smith Belt, Nunavik, Quebec

• Cape Smith Belt is host to prolific high-grade

polymetallic nickel deposits and includes two

operating mines: Raglan and Nunavik Nickel

• Located ~60 km from Glencore’s Raglan

Mine

Raglan is a first quartile cash cost nickel

operation

One of the highest ore grades among

significant global nickel deposits (P&P

reserves: 11.3Mt at 2.79% Ni, 0.76% Cu

and 2.83 g/t PGE)

• Orford is seeking strategic partners to explore

and develop the property

Ground views of West Raglan property

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West Raglan ProjectOverview of Key Targets

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

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West Raglan ProjectFrontier Zone

• Identified five key mineralized lens clusters

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

Overhead of Frontier Zone with highlighted historical drill intercepts

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Orford MiningReasons to Invest

October 201928

Strong strategic investor support

Massive land position in

emerging new gold district

Potential discovery of multi-million ounce gold

deposits

Safe, proven mining

jurisdiction

Orford Mining has potentially discovered a new gold district in the

highly prospective and underexplored Cape Smith Belt in Northern Quebec

Well-funded and commenced a new exploration program in May 2019

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Notes

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Notes

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Notes

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Orford Mining

David Christie

President & CEO

[email protected]

416-309-0609

141 Adelaide Street West, Suite 1608

Toronto, Ontario

M5H 3L5

www.orfordmining.com

THANK YOU!

TSX-V: ORM