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ORFORD MINING Orford Mining Corporate Presentation December 2019 TSXV: ORM

ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

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Page 1: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

ORFORD MINING

Orford MiningCorporate Presentation

December 2019

TSXV: ORM

Page 2: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 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

Page 3: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 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

• 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

Page 4: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 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

• 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

Page 5: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 20195

Capital Structure

Ticker TSXV:ORM

Share Price (as of December 5, 2019) C$0.05

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$4.3M

Cash1 C$2.0M

Share Ownership

Share Price Performance (Last 12 Months)

1. September 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

0.10

0.20

0.30

0.40

0.50

0.60

0.70

0.80

$0.00

$0.02

$0.04

$0.06

$0.08

$0.10

$0.12

$0.14

$0.16

$0.18

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

Vo

lum

e (

millio

ns)

Sh

are

Pri

ce

(C

$)

Series2 Series1

Page 6: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

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

December 20196

Following a successful track record of discovering

and developing multi-million ounce gold projects in

Northern Canada

Page 7: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 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

Page 8: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining December 2019

Qiqavik Gold Project

8

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

Page 9: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 2019

Qiqavik Project - Property Wide Drilling

9

+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

Page 10: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM

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

December 201910

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

Page 11: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 2019

Qiqavik - 2019 Program

11

An Abundance of Gold Mineralized Areas

Page 12: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM

• 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)

• Results still Pending: Glacial Till Sample Gold Grain Counts primarily from new IP LAKE Shear Coridor

December 201912

Qiqavik Project - 2019 Program2019 Highlights

Page 13: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining December 2019

Qiqavik - 2019 Drilling Summary

13

Gold in all 2019 Drill holes

Qiqavik Break

Page 14: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 2019

Qiqavik - Interlake

14

High Priority Targets along strike extensive thick Gold Mineralized system

Page 15: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM

Qiqavik –2019 IP LakeIP Lake 2020 –Significant Potential

December 201915

• 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%)

Page 16: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 2019

Qiqavik – IP Lake Shear Corridor

16

High Grade Dispersion Trains Indicating High Priority Target Areas

Page 17: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 2019

Qiqavik - Focused Intrustion

17

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

Page 18: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 2019

Qiqavik–Esperance Gold–Copper Trend

18

The Best Conductors Remain Untested or Poorly Tested

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Orford Mining

TSX-V:ORM December 2019

Qiqavik–Esperance Gold–Copper Trend

19

2020 Targets

Page 20: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

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

December 201920

Page 21: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM

2019 Take - AwaysPotential Remains Strong

December 201921

• Discovered large strike extensive mineralized structures possibly associated with

zones of dilation

• Drilling intersected gold mineralization in three different structures separated by

18 kms

• 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 the early 1900’s …where deposits are still being defined and

discovered today.

Page 22: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 201922

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

Page 23: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 201923

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

Page 24: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 201924

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

Page 25: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM

Comparable Company AnalysisTSX/TSXV-Listed Exploration Companies with Northern, District-Scale Projects

December 201925

Orford’s market capitalization does not reflect district-scale potential of the Qiqavik/West Reglan projects

Note: market data from Capital IQ. As of December 5, 2019

Market Land NI 43-101

Company Capitalization Key Project Location Package Stage Resource

(C$M) (ha)

Northern Canada

White Gold Corp. $143.1 White Gold Yukon 422,730 Adv. Exploration Yes

Nighthawk Gold Corp. $97.9 Indin Lake NWT 89,900 Adv. Exploration Yes

Tudor Gold Corp. $63.9 Treaty Creek British Columbia 35,518 Adv. Exploration No

TerraX Minerals Inc. $41.5 Yellowknife City NWT 78,300 Early exploration Yes

Benchmark Metals Inc. $36.2 Lawyers British Columbia 12,700 Early exploration No

Brixton Metals Corporation $31.8 Thorn British Columbia 197,300 Early exploration No

Sirios Resources Inc. $31.2 Cheechoo Quebec 7,500 Adv. Exploration No

Triumph Gold Corp. $31.1 Freegold Yukon 20,000 Adv. Exploration Yes

Klondike Gold Corp. $30.0 Klondike District Yukon 56,700 Early exploration No

Eastmain Resources Inc. $28.8 Eau Claire Quebec 109,000 Adv. Exploration Yes

Talisker Resources Ltd. $21.9 Spences Bridge British Columbia 226,035 Early exploration No

QMX Gold Corporation $16.4 Multiple properties Quebec 20,000 Adv. Exploration Yes

Colorado Resources Ltd. $10.9 Castle British Columbia 120,000 Early exploration No

Scandinavia

Aurion Resources Limited $144.3 Risti Northern Finland ~100,000 Early exploration No

Mawson Resources Limited $32.6 Rompas-Rajapalot Northern Finland 21,391 Adv. Exploration Yes

FireFox Gold Corp. $3.5 Jeesiö Northern Finland ~160,000 Early exploration No

Orford Mining Corp. $4.3 Qiqavik/West Raglan Quebec 81,800 Early exploration No

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Orford Mining

TSX-V:ORM

Orford MiningReasons to Invest

December 201926

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

Page 27: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 201927

Notes

Page 28: ORFORD MINING · 2019-12-13 · Orford Mining TSX-V:ORM 5 December 2019 Capital Structure Ticker TSXV:ORM Share Price (as of December 5, 2019) C$0.05 Basic Shares Outstanding1 95.2M

Orford Mining

TSX-V:ORM December 201928

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