orford mining...orford mining tsx-v:orm over 818 km2 land position in the highly prospective and...

ORFORD MINING

Orford MiningCorporate Presentation

Corporate Presentation

TSXV: ORMJune 2020

TSX-V:ORM

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.

June 20202

Disclaimer

Orford Mining

TSX-V:ORM June 20203

Why Orford Mining?Investment Highlights

New strategic investor

Qiqavik Project (100%):

discovery of new gold

district

West Raglan (100%):

potential for multiple

large, high grade Ni-Cu-

PGE deposits

Joutel South/McClure

East Properties (100%)

• Raised a total of C$4.6M in May 2019 whereby Alamos Gold became a 22.2% shareholder

• Widely-held ownership with several strategic shareholders (Alamos, Dundee, RNC Minerals) and

strong institutional ownership

• 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.

• Two new properties recently acquired in the Joutel district of the Abitibi Region of Quebec.

• Both are situated on either the Joutel Volcanic Sequence structure or the eastern edge of the Casa

Berardi Structural Zone.

• Both have seen very little exploration but are proximal to a number of past producers.

• 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

Orford Mining


David ChristiePresident, CEO, and

Director

• Professional Geologist with more than 34 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

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

Cindy DavisCFO

• Accounting professional with 18 years of accounting experience, 12 of which has been with Marrelli Support

Services at a Senior Level. Registered as a CA and a CPA.

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

• Currently Chairman and CEO of Canadian Nickel Company

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

• Currently: Senior Advisor, Legal & Strategic Matters at RNC Minerals; Director and Senior Advisor, Legal & Strategic

Matters at Canada Nickel Company

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

Orford Mining


Capital Structure

Ticker TSXV:ORM

Share Price (as of June 12, 2020) C$0.08

Basic Shares Outstanding1 95.2M

Options (weighted avg. strike of C$0.29) 6.0M

Warrants (weighted avg. strike of C$0.51) 13.9M

Fully Diluted Shares Outstanding 115.1M

Market Capitalization (Basic) C$7.6M

Cash1 C$0.8M

Share Ownership

1. April 16, 2020.

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…

Orford Mining

TSX-V:ORM

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 (Au)(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

• 6 drill hole program in 2019 was successful in intersecting gold

mineralization in all six drill holes.

West Raglan Project (Ni, Cu, PGE’s)(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

Royalties

• Owns a 3.5% NSR on the Falan property (Malabar Gold Corp.) and a 2%

NSR on the Santa Ana property (Outcrop Gold Corp.) both in the Mariquita

Silver district of Columbia. This district was one of Colombia’s most prolific

colonial silver camps.

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 PortfolioFocused on underexplored area of Quebec

June 20206

McClure East and Joutel South Underexplored Historic Au Belt

McClure East and Joutel South

• Located in the prolific gold mineralized Casa Berardi /Joutel Structures, in the

Abitibi region

• Properties are the underexplored extension of the Joutel trend that hosted

both Agnico-Eagle Mines Ltd.’s (AEM-T) founding gold mine Eagle/Telbel

which produced in excess of 1.1Moz of gold and a number of copper assets

that have produced 244 Mlbs of copper, 116Mlbs of Zinc and 52Mlbs of

silver (Système d'information géominière of Québec “SIGEOM”,

Quebec Ministry of Energy and Natural Resources. April 20,2020)

Orford Mining

TSX-V:ORM

Joutel AreaUnderexplored since early 1990’s

June 20207

Orford Mining

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Joutel – McClure East StakingUnder – explored region - very accessible 100% owned Properties

June 20208

Orford Mining

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McClure East CompilationRe-interpreted geology improving prospectivity

June 20209

SIGEOM

Geology

Updated

Geology

Historical Drilling indicates that the felsic volcanic

package to the West hosting the historic Telbel, Eagle

Mines continues onto the McClure East

Orford Mining

TSX-V:ORM

McClure EastLimited Work to Date but Some promising Results

June 202010

Compilation of historical RC Drilling on the property indicated anomalous area on

eastern part of the McClure East property, up to 30,000ppb and 8 grains of gold in

overburden material.

Orford Mining

TSX-V:ORM

Joutel SouthExtremely Under-Explored. Re-Interpretation increasing prospectivity

June 202011

SIGEOM

Geology

Updated

Geology

Historical Drilling indicates that the felsic volcanic

package to the north hosting the historic Telbel, Eagle

folds southward onto the Joutel South property

Orford Mining


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

Orford Mining June 2020

Qiqavik Gold Project

13

High grade gold surface showings are prolific across the +40 km long property

Orford Mining

TSX-V:ORM June 2020

Qiqavik Project - Property Wide Drilling

14

+40 Km of Gold mineralization

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

Orford Mining June 2020

Qiqavik - 2019 Drilling Summary

15

Gold in all 2019 Drill holes

Qiqavik Break

Orford Mining

TSX-V:ORM

Qiqavik – IP Lake Shear ZoneLARGE TILL –TOTAL COUNT PER 10KG

June 202016

• Existing till

data suggest

several

potential

sources

• Anomaly

open to

south and

east.

• Source of

Eric’s

boulder train

not identified

in current

data.

Orford Mining

TSX-V:ORM

Eric

Boulder

Train?

Large fine

component

Qiqavik – IP Lake Shear ZoneLARGE TILL-COARSE COUNT PER 10KG

June 202017

Orford Mining

TSX-V:ORM

Qiqavik – IP Lake Shear ZoneLARGE TILL-MORPHOLOGY

June 202018

% Pristine Grains

Tota

l C

ou

nts

All samples shown, IPLS area tills are blue. High % pristine grains = local source (avg 90%)

Orford Mining

TSX-V:ORM

Qiqavik – IP Lake Shear ZoneLARGE TILL –HMC MINERALOGY

June 202019

• IPLS hosts

highest gold

grain counts on

the property

• Counts similar

magnitude to

other known

deposits

• Possible multiple

sources.

Orford Mining

TSX-V:ORM June 2020

Qiqavik - Interlake

20

High Priority Targets along strike extensive thick Gold Mineralized system

Orford Mining

TSX-V:ORM June 2020

Qiqavik - Focused Intrustion

21

Widespread Gold mineralization

Hole From (m) To(m) Length (m) Au g/t

QK-19-006 17.39 17.69 0.3 3.37

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 0.94

including 48 48.3 0.3 5.48

QK-19-006 104 113.41 9.41 0.41

including 104 105 1 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

Orford Mining

TSX-V:ORM June 2020

Qiqavik–Esperance Gold–Copper Trend

22

The Best Conductors Remain Untested or Poorly Tested

Orford Mining

TSX-V:ORM

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

• 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

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

June 202023

Orford Mining


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

Orford Mining


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

Orford Mining


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

Orford Mining

TSX-V:ORM

Orford MiningReasons to Invest

June 202027

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

Orford Mining


Notes

Orford Mining


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

orford mining...orford mining tsx-v:orm over 818 km2 land position in the highly prospective and...

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