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OR ORFOR ORD D MINING ING July 2019 TSXV: ORM Orford Mining - - PowerPoint PPT Presentation

Orford Mining Corporate Presentation OR ORFOR ORD D MINING ING July 2019 TSXV: ORM Orford Mining Disclaimer Caution onary ry Statem ement Concern rning Forw rward rd-Lo Look oking Statem ements Neither the TSXV nor its


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SLIDE 1

OR ORFOR ORD D MINING ING

Orford Mining

Corporate Presentation

July 2019

TSXV: ORM

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SLIDE 2

Orford Mining

TSX-V:ORM RM July 2019 19 2

Caution

  • nary

ry Statem ement Concern rning Forw rward rd-Lo Look

  • king Statem

ements 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. Qualifi fied ed Person rson and Quality Assura rance and Quality Contro rol 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 Michelle Sciortino, P.Geo, Senior Project Geologist 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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SLIDE 3

Orford Mining

TSX-V:ORM RM July 2019 19 3

Why Orford Mining?

Investment Highlights

New w strat ateg egic ic invest estor

  • r

Qiqa qavik ik Proj

  • jec

ect: : disco scovery of new w gold d distr trict ict West t Regla lan: : pot

  • ten

ential tial for multiple iple large, e, high grade ade Ni-Cu Cu-PGE GE deposit

  • sits

s Safe, e, proven mining jurisdic isdictio ion

  • 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 316 km2 of the highly prospective and underexplored Cape Smith Belt
  • Identified a 40-km long Qiqavik Break Shear Zone, which remains largely unexplored
  • Discovered 11 large gold-mineralized areas
  • 2018 drill program discovered up to 24.6 m thick gold mineralization at Interlake Area
  • 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 Reglan 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 Reglan 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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SLIDE 4

Orford Mining

TSX-V:ORM RM July 2019 19 4

Capital ital Structure

Ticker TSXV:ORM Share Price (as of July 5, 2019) C$0.10 Basic Shares Outstanding1 95.0M Options (weighted avg. strike of C$0.32) 6.6M Warrants (weighted avg. strike of C$0.51) 13.9M Fully Diluted Shares Outstanding 115.5M Market Capitalization (Basic) C$9.5M Cash1 C$0.4M Enterprise Value C$9.1M

Shar are e Owner ersh ship ip Shar are e Pric ice e Performa manc nce (Last st 12 Month ths) s)

1. March 31, 2019 cash balance of C$402,037. Does not include C$2.3 million private placement completed on May 17, 2019 and C$2.3 private placement completed on July 4, 2019. 2. Includes Marquest Asset Management, T.I.P Wealth Manager and Caisse de dépôt et placement du Québec

Source: S&P Capital IQ

Corporate Snapshot

Capital 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 $0.00 $0.05 $0.10 $0.15 $0.20 $0.25 $0.30 $0.35 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Volum ume (mill llions ions) Share Price (C$) Volume (M) Share Price (C$)

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SLIDE 5

Orford Mining

TSX-V:ORM RM July 2019 19 5

David vid Christie tie

President, CEO, and Director

  • Professional Geologist with more than 32 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 Hollaar aar

CFO

  • +20 years of experience in mining industry finance positions
  • Served in senior finance and marketing positions with several nickel companies

Alger ger St-Jean an

VP VP Exploratio ion and Director

  • 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 helle Scior

  • rti

tino no

Senior Project Geologis

  • gist
  • Professional Geologist with +10 years of experience in mineral exploration and development
  • Current Senior Project Geologist with RNC Minerals

Mark k Selby

Chairma rman

  • 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 Leddy dy

Director

  • 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 k Goodman dman

Director

  • 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

Lawren ence e Smith

Director

  • +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 Pullinge linger

Director

  • 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.

Management & Board of Directors

High Quality Exploration Team and Capital Markets-Focused Board

Two nominee inees from

  • m Alamo

amos s Gold ld will ll serve on a newl wly creat eated ed Orfor

  • rd explor

loratio ation advi viso sory comm mmitt ttee ee to help guide de future e progra

  • grams

ms along

  • ng the high-grade

de Qiqa qavi vik gold ld trend end and else sewher here

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SLIDE 6

TSX-V:ORM RM

Orford Mining

Over er 775 km2 land d position tion in the highly ly prosp spec ectiv tive and under erexplo lored Cape e Smit ith h Belt lt

Quebec: ec: 4th

th ranked

ed jurisdic iction ion in the world d for mining ing inves estm tmen ent t attrac activ tiven enes ess accor

  • rdin

ding g to to 2018 Frasier ier Institut itute e survey

Qiqa qavik ik Proj

  • jec

ect (100%) %)

  • ~316 km2 property in the upper Cape Smith Belt
  • 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 t Regla lan Proje ject (100% % Inter erest) est)

  • ~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

Meadowb wbank nk (Agnic ico Eagle le)

Commercial production in 2010. 3.5 g/t Au reserve grade

Meliad adine ine (Agnic ico Eagle le)

Commercial production in May 2019. 7.0 g/t Au reserve grade

Reglan lan (Glenc ncor

  • re)

Produces 37,000 tonnes per year of nickel in concentrate One of the richest base metal mines in the world

Project Portfolio

Advanced-Stage Exploration Projects in Northern Quebec

July 2019 19 6

Fo Follo lowin wing g a successf essful tra rack record of discover ering ing and d develop loping ing multi ti-mil illi lion n ounce nce gold ld proj

  • ject

cts in Northern rn Canada

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SLIDE 7

Orford Mining

TSX-V:ORM RM July 2019 19 7

40 40-km m long Qiqavik ik Break eak Shear ear Zone e rema main ins s largely ely unexplor lored ed with h pot

  • ten

ential tial for multip iple le large e gold d deposits

  • sits
  • 1. This information is not necessarily indicative of the mineralization on Orford Mining’s properties
  • 100% interest in ~316 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 Project

Large, Highly Prospective Land Package in an Underexplored Emerging Gold District

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SLIDE 8

Orford Mining

TSX-V:ORM RM

Qiqavik Project

Frost Boil Sampling (Primary Prospecting Method)

July 2019 19 8

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SLIDE 9

Orford Mining

TSX-V:ORM RM

Qiqavik Project

Spring 2018 Detailed Airborne Magnetic Survey

In April il 2018, comple leted d a 6,067 line-km m (50 m spac acin ing) ) airbo borne e magnetic tic survey over er the entir ire property ty

July 2019 19 9

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SLIDE 10

Orford Mining

TSX-V:ORM RM

Qiqavik High Grade Gold Showings

Gold Showings at surface are prolific across the 40 km + property

July 2019 19 10 10 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.

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SLIDE 11

Orford Mining

TSX-V:ORM RM

Qiqavik Project

Summary of 2017-2018 Exploration Programs

July 2019 19 11 11

2016 2016 2017 2017 2018 2018 Explorat atio ion n activ ivit itie ies

  • Initial IP survey across entire property
  • Prospecting, mapping, surface rock

sampling and till sampling

  • Drilled 550 m (6 holes) at Gerfaut
  • 23-hole, 2,723 m drill program
  • 721 line-km of airborne magnetic

surveys

  • 105.6 line-km of IP surveying
  • Prospecting, mapping, surface rock

sampling and till sampling

  • 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

  • 8-hole, 1,211 m drill program at Interlake
  • Geological mapping, prospecting and ground VLF

geophysics Key Finding ings

  • 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

Highli ligh ghted ed gold d surfa face e samples les ove ver r +40 40 km Qiqavik ik Break Highli ligh ghted ed 2017 – 2018 drill l results lts

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SLIDE 12

Orford Mining

TSX-V:ORM RM July 2019 19 12 12

Qiqavik Project

Interlake Area - 2018 Summer Drill Program (8 holes, 1,211 m)

Inter erse sected d a thick sequen ence e of gold ld miner eralization lization alon

  • ng a later

erally lly exten ensiv ive structure in the Inter erlak lake e Area ea

  • Discovered up to 24.6 m thick sequence of gold mineralized quartz-carbonate veining in three drill holes at the Interlake Area
  • Intersected four gold-bearing structures along a 13 km long chain of E-W trending lakes and rivers

Drill program consisted of three boreholes testing two parallel E-W conductors over a 310 m strike length between two shallow lakes

Shear zones are sub-vertical, east-trending structures and their magnetic signature suggests that they may extend for at least another 1 km to the east and 800 m to the west, under shallow lakes

Confirmed extension of the shear zone to a vertical depth of at least 130 m

A strong, multi-element, till anomaly is also present 3 km east of the drilled sector

Map of 2018 Drilling illing at the Interlak rlake e Area Not

  • tab

able le 2018 Drill ll Results ts

Hole ID From (m) To (m) Lengt gth h (m) Gold Grade (g/t) QK-18-002 17.0 18.6 1.6 0.56 QK-18-002 58.6 62.9 4.3 0.51 QK-18-002 132.0 134.0 2.0 1.44 QK-18-002 171.0 178.0 7.0 0.35 QK-18-007 14.4 26.4 12.0 0.66 QK-18-007 45.0 49.0 4.0 0.61 QK-18-007 53.4 56.0 2.6 1.68 QK-18-008 44.0 68.6 24.6 0.48 Including 48.0 49.0 1.0 3.55 QK-18-008 89.0 90.0 1.0 1.82

Note : Drill intervals reported in this presentation are down-hole core lengths as true thicknesses cannot be determined with available information.

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SLIDE 13

Orford Mining

TSX-V:ORM RM

  • Gold mineralization drill tested at Esperance along

300 m of a 1.3 km structure, and at Esperance West along 650 m of a 2.0 km long structure

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

0.26% Cu

  • Polymetallic mineralized trend continues at least

1.0 km west of Esperance West drilling

2017 Horizon discovery yielded 5.67 g/t Au over 0.9 m in a channel sample

Qiqavik Project

Esperance and Esperance West

Drill ll hole e locati ations

  • ns and signific

ificant ant surfa face e samples les from 2017 progr gram am at Esperanc ance e and Esperan rance e West Areas eas 2017 Drill ill Results ts at Esperanc rance and Esperanc ance e West

Hole ID From (m) To (m) Lengt gth h (m) Gold Grad ade (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 Esperanc ance 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

July 2019 19 13 13

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SLIDE 14

Orford Mining

TSX-V:ORM RM

  • 2017 drilling intersected two quartz vein-hosted

gold mineralized areas (Aurora and Aurora West), separated by 1.6 km

Drill results include 2.2 m at 2.55 g/t Au at Aurora West, which includes 0.30 m at 13.68 g/t Au, and 1.0 m at 4.93 g/t Au at Aurora

  • Grab samples indicates high-grade gold between

these zones (Central Aurora)

  • Identified gold structures to the south of the

Aurora trend associated with the Focused Intrusive

Surface samples results include 8.93 g/t Au, 4.25 g/t Au, 183 g/t Au and 149 g/t Au

Qiqavik Project

Aurora and Aurora West

Drill ll hole e locati ations

  • ns and signific

ificant ant surfa face e samples les from 2017 progr gram am at Aurora ra and Aurora

  • ra West Areas

as 2017 Drill ill Results ts at Aurora

  • ra and Aurora
  • ra West

Hole ID From (m) To (m) Lengt gth h (m) Gold Grad ade (g/t) Copper Grade (%) QK-17-007 51.2 53.0 1.77 3.05 0.01 Including 51.2 52.3 1.00 4.93 0.01 QK-17-007 56.0 57.0 1.00 1.60 0.01 QK-17-007 86.0 86.8 0.75 2.26 0.01 QK-17-007 122.0 123.0 1.00 0.56 0.00 QK-17-009 21.0 23.2 2.20 2.55 0.01 Including 21.0 21.3 0.30 13.68 0.01 QK-17-009 85.9 87.0 1.12 1.43 0.00

July 2019 19 14 14 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.

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SLIDE 15

Orford Mining

TSX-V:ORM RM

Central ral Zone

  • Identified multiple mineralized trends
  • ver a 2.5 km by 2.5 km area
  • Highlighted sampling results include

113.96 g/t Au, 24.46 g/t Au, 17.86 g/t Au and 20.44 g/t Au

  • Initial drill results on structures have

yielded strongly altered shear zones with anomalous gold (3.0 m at 0.26 g/t Au and 1.0 m at 0.34 g/t Au) Gerfaut faut and Gerfaut aut South th Zones es

  • Discovered multiple boulders containing

visible gold in the Gerfaut South Area

Grab sample results from these boulders include 285.24 g/t Au, 253.64 g/t Au, 177.47 g/t Au and 122.52 g/t Au

Boulders occur 1 km SE and up-ice from the historic drill hole of 10.5 m at 3.08 g/t Au

  • Source of boulders containing high-grade

gold has yet to be identified

Limited expected distance (50 to a few hundreds of metres) between the source of gold mineralization and boulders

Qiqavik Project

Central and Gerfaut

Surfac face e sample e result lts in the Gerfaut faut Area Central ral Area a 2017 7 drill ll holes es and signif ific icant nt surfa face e sample le results ts

July 2019 19 15 15

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SLIDE 16

Orford Mining

TSX-V:ORM RM July 2019 19 16 16

Resul sults s iden entif ified ied numer erous s new w targets ts to follo low-up in 2019 explo loration tion progra

  • gram
  • Frost boil sampling and the resulting dispersion trail patterns have been an essential tool to locate bedrock sources of gold

mineralization at Qiqavik

  • Identified multiple strong dispersion trains originating at shear zones

Qiqavik Project

Airborne Magnetics and Frost Boil Sampling Results on Interlake and Central Areas

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SLIDE 17

Orford Mining

TSX-V:ORM RM July 2019 19 17 17

Note that grab samples are selective by nature and values reported may not be representative of mineralized zones. Drill intervals reported in this news release are down-hole core lengths as true thicknesses cannot be determined with available information.

Plann nned ed IP Survey Coverage verage Area ea

Qiqavik Project

2019 Exploration Program

IP survey will ll assi sist st in target t drilli lling pot

  • ten

entia ial l gold d trap aps, s, particula ticularly ly those se that may exist st in structures s under er the Inter erla lake area ea string ing of small all shallo llow lakes es

  • Commenced program in May 2019
  • Three phase exploration program
  • 1. Ground Induced Polarization (IP)

survey to test high priority target areas including Interlake, Interlake South and a new visible gold showing to the SE of Interlake

200 m to 400 m line spacing and an “a” spacing of 25 m

  • 2. Ground targeting IP and

geochemical targets

  • 3. Diamond drilling
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SLIDE 18

Orford Mining

TSX-V:ORM RM

Qiqavik Project

Areas of Interest and 2019 Helicopter EM Survey

July 2019 19 18 18

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SLIDE 19

Orford Mining

TSX-V:ORM RM July 2019 19 19 19

Not 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

Locati ation

  • n in the Cape Smith

th Belt

West Reglan Project

Large Land Package in a Rich Nickel, PGE District

Mass ssiv ive 470 km2 proper

  • perty in a prolif

lific, ic, yet et under erexplo lored d regio ion in Quebec ebec

  • 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

  • perating mines: Raglan and Nunavik Nickel
  • Located ~60 km from Glencore’s Raglan

Mine

➢ Raglan is a first quartile cash cost nickel

  • peration

➢ 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)

  • Orfor
  • rd

d is s seeking king strat rategic gic partner tners s to explore

  • re

and develop

  • p the prope

perty ty

Groun und d views of West Regla lan n proper erty ty

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SLIDE 20

Orford Mining

TSX-V:ORM RM July 2019 19 20 20

West Reglan Project

Overview of Key Targets

Iden entif tified ied outcroppi

  • pping sulphid

ide e miner erali alizatio ion over er +35 km of strik ike with h limi mited d testing ing at many zones es

  • 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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SLIDE 21

Orford Mining

TSX-V:ORM RM July 2019 19 21 21

West Reglan Project

Frontier Zone

  • Identified five key mineralized lens clusters
  • ver 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 Ove verhead rhead of Frontier ntier Zone e with highlight hlighted ed historic torical al drill ll intercep epts ts

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SLIDE 22

Orford Mining

TSX-V:ORM RM

Orford Mining

Local 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 LHCs 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

Foster erin ing strong

  • ng rela

latio ionsh ships s with governme ment, t, loc

  • cal

al comm mmunit itie ies and d First st Natio ions s Grou

  • ups

July 2019 19 22 22

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SLIDE 23

Orford Mining

TSX-V:ORM RM

Orford Mining

Reasons to Invest

July 2019 19 23 23

Strong strategic investor support Massive land position in emerging new gold district Potential discovery of multi-million

  • unce gold

deposits Safe, proven mining jurisdiction

Orfor

  • rd Minin

ing has pot

  • ten

ential tially ly disco scovered d a new w gold ld distr trict ict in the highly ly prosp

  • spec

ectiv ive e and d under erexplo lored d Cape e Smith th Belt lt in Northern thern Quebe bec Well-fu funde ded d and d comme

  • mmenced

d a new w explo loratio ion progra

  • gram

m in May 2019

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SLIDE 24

Orford Mining

TSX-V:ORM RM July 2019 19 24 24

Orford Mining

David d Christie stie President dent & CEO dchristi ristie@ e@or

  • rfor
  • rdmining.com

dmining.com 416-30 309-060 609 141 Ad Adelai aide e Street et West, t, Suite 1608 Toronto,

  • , Ontario

ario M5H H 3L5 L5 www.or

  • rfordmi

dmini ning.com g.com

THANK K YOU! U!

TSX-V: ORM