Member Company Profile

OreCorp Limited is the new ASX Listed (ticker-ORR) corporate vehicle of Craig Williams and Matt Yates – former President and CEO of Equinox Minerals and Joint Managing Director of Mantra Resources respectively. Equinox and Mantra were acquired via cash takeovers for a combined value of >$8 billion in 2011. OreCorp is well funded with no debt and its key projects are the advanced high-grade multi-million ounce (3.34Mozs grading 3.5g/t Au) Nyanzaga Gold Project in northwest Tanzania and the Akjoujt South Nickel-Copper Project in Mauritania. OreCorp is expanding its profile in North America.

IR Contact

Matthew Yates
+61 (0)417 953 315
[email protected]
www.orecop.com.au

Address

Ground Floor, 516 Hay Street, Subiaco
Perth, WA 6008
Australia

Cautionary Information

© Copyright 2018, Denver Gold Group & OreCorp Limited.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

Nature of Material Presented
The purpose of material presented at this forum is to provide general information about OreCorp Limited (Company or OreCorp) and includes information extracted from the Company’s announcement dated 10 August 2016 entitled “Scoping Study Confirms Outstanding Potential of Nyanzaga Project & Delivers MRE Upgrade” (Scoping Study Results Announcement). It is information in a summary form and does not purport to be complete. It is to be read in conjunction with OreCorp's other announcements released to ASX (available at www.asx.com.au), including the Scoping Study Results Announcement.

No Advice or Offer
This material does not constitute an offer, invitation, solicitation, advice or recommendation with respect to the issue, purchase, or sale of any securities or other financial products in OreCorp. It is not recommended that any person makes any investment decision in relation to the Company based solely on material presented at this forum. This material does not necessarily contain all information which may be material to the making of a decision in relation to the Company. Any investor should make its own independent assessment and determination as to the Company’s prospects prior to making any investment decision, and should not rely on the information presented at this forum for that purpose.

The material presented at this forum does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold securities in the Company. The securities issued by the Company are considered speculative and there is no guarantee that they will make a return on the capital invested, that dividends will be paid on the shares or that there will be an increase in the value of the shares in the future.

The Company does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of any recipient of this material. Recipients of this material should carefully consider whether the securities issued by the Company are an appropriate investment for them in light of their personal circumstances, including their financial and taxation position.

The material presented at this forum is for informational purposes only. This material does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States or to any “US person” (as defined in Regulation S under the US Securities Act of 1933, as amended (Securities Act) (US Person)). Securities may not be offered or sold in the United States or to US Persons absent registration or an exemption from registration. OreCorp's shares have not been, and will not be, registered under the Securities Act or the securities laws of any state or jurisdiction of the United States. The material presented at this forum is not for distribution directly or indirectly in or into the United States or to US Persons.

Except for statutory liability which cannot be excluded, the Company, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material presented at this forum and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any material or any error or omission there from. The Company accepts no responsibility to update any person regarding any inaccuracy, omission or change in information provided at this forum or any other information made available to a person nor any obligation to furnish the person with any further information.

Forward Looking Statements
Material presented by OreCorp Limited at this forum contains statements which may constitute forward-looking information. Such statements are only predictions and are subject to inherent risks, uncertainties and other factors which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or projected in any forward-looking statements. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors, including but not limited to the risk factors set out in the Company's Scoping Study Results Announcement dated 10 August 2016 and OreCorp’s prospectus dated 30 January 2013. These documents do not provide an exhaustive list of factors that may affect OreCorp’s forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. No representation or warranty, express or implied, is made by the Company that material presented at this Gold Forum will be achieved or prove to be correct. Recipients of this material must make their own investigations and inquiries regarding all assumptions, risks, uncertainties and contingencies which may affect the future operations of the Company or the Company's securities.
OreCorp disclaims any intent or obligation to update or revise any forward-looking statements whether as a result of new information, estimates or opinions, future events or results or otherwise, unless required to do so by law.

Cautionary Statements
The Study referred to at this forum is based on low accuracy level technical and economic assessments (determined to a nominal accuracy +/-35%), and is insufficient to support estimation of Ore Reserves or to provide assurance of an economic development case at this stage; or to provide certainty that the conclusions of the Scoping Study will be realised. 83% of the existing Mineral Resource Estimate (MRE) is in the Indicated and Measured categories, with the balance of 17% classified in the Inferred category. There is a low level of geological confidence associated with Inferred mineral resources and there is no certainty that further exploration work will result in the determination of Indicated or Measured Mineral Resources. Furthermore, there is no certainty that further exploration work will result in the conversion of Indicated and Measured Mineral Resources to Ore Reserves, or that the production target itself will be realised.
The consideration of all JORC modifying factors is well advanced, including mining studies, processing and metallurgical studies, registration of the intent to submit an ESIA with the responsible regulator, environmental baseline studies, key inputs into the application for a Special Mining Licence and other key permits required from the government. The Company believes it has a reasonable basis for providing the forward looking statements at this forum. In addition, the Company believes that it has a reasonable basis to expect it will be able to fund the development of the Nyanzaga Project with its JV partner (Acacia Mining plc). Please refer to the Scoping Study Results Announcement for further details.

OreCorp Limited

Australian Stock Exchange : ORR

Last Updated: September 19, 2016

Status: Developer
Primary Mineral: Gold
Primary Country of Operation: Tanzania
Other Countries of Operation: Mauritania
Value Drivers
  • Scoping Study confirms outstanding potential of Nyanzaga Deposit in northwest Tanzania.
  • JORC 2012 Mineral Resource Estimate of 3.34Mozs @ 3.5g/t gold at the Nyanzaga Project.
  • Large, single, high-grade deposit with 4,200oz per vertical metre that offers thickness, continuity and grade for scale and mining flexibility.

Annual Production
Gold, oz per year
GEOs: No

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: JORC , GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Australian Super Pty Ltd
  • JP Morgan Asset Management (UK) Ltd
  • Westoz Funds Management
Management
Chairman: Craig Williams
CEO: Matthew Yates
CFO: Luke Watson
Capital Structure
Common Shares Outstanding: 173,400,000
Float (%): 100.00
Fully Diluted Shares: 173,400,000
Stock as of Feb 13, 2018 4:13 PM MST
1 USD

IR Contact

Matthew Yates
+61 (0)417 953 315
[email protected]
www.orecop.com.au

Address

Ground Floor, 516 Hay Street, Subiaco
Perth, WA 6008
Australia

Cautionary Information

© Copyright 2018, Denver Gold Group & OreCorp Limited.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

Nature of Material Presented
The purpose of material presented at this forum is to provide general information about OreCorp Limited (Company or OreCorp) and includes information extracted from the Company’s announcement dated 10 August 2016 entitled “Scoping Study Confirms Outstanding Potential of Nyanzaga Project & Delivers MRE Upgrade” (Scoping Study Results Announcement). It is information in a summary form and does not purport to be complete. It is to be read in conjunction with OreCorp's other announcements released to ASX (available at www.asx.com.au), including the Scoping Study Results Announcement.

No Advice or Offer
This material does not constitute an offer, invitation, solicitation, advice or recommendation with respect to the issue, purchase, or sale of any securities or other financial products in OreCorp. It is not recommended that any person makes any investment decision in relation to the Company based solely on material presented at this forum. This material does not necessarily contain all information which may be material to the making of a decision in relation to the Company. Any investor should make its own independent assessment and determination as to the Company’s prospects prior to making any investment decision, and should not rely on the information presented at this forum for that purpose.

The material presented at this forum does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold securities in the Company. The securities issued by the Company are considered speculative and there is no guarantee that they will make a return on the capital invested, that dividends will be paid on the shares or that there will be an increase in the value of the shares in the future.

The Company does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of any recipient of this material. Recipients of this material should carefully consider whether the securities issued by the Company are an appropriate investment for them in light of their personal circumstances, including their financial and taxation position.

The material presented at this forum is for informational purposes only. This material does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States or to any “US person” (as defined in Regulation S under the US Securities Act of 1933, as amended (Securities Act) (US Person)). Securities may not be offered or sold in the United States or to US Persons absent registration or an exemption from registration. OreCorp's shares have not been, and will not be, registered under the Securities Act or the securities laws of any state or jurisdiction of the United States. The material presented at this forum is not for distribution directly or indirectly in or into the United States or to US Persons.

Except for statutory liability which cannot be excluded, the Company, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material presented at this forum and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any material or any error or omission there from. The Company accepts no responsibility to update any person regarding any inaccuracy, omission or change in information provided at this forum or any other information made available to a person nor any obligation to furnish the person with any further information.

Forward Looking Statements
Material presented by OreCorp Limited at this forum contains statements which may constitute forward-looking information. Such statements are only predictions and are subject to inherent risks, uncertainties and other factors which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or projected in any forward-looking statements. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors, including but not limited to the risk factors set out in the Company's Scoping Study Results Announcement dated 10 August 2016 and OreCorp’s prospectus dated 30 January 2013. These documents do not provide an exhaustive list of factors that may affect OreCorp’s forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. No representation or warranty, express or implied, is made by the Company that material presented at this Gold Forum will be achieved or prove to be correct. Recipients of this material must make their own investigations and inquiries regarding all assumptions, risks, uncertainties and contingencies which may affect the future operations of the Company or the Company's securities.
OreCorp disclaims any intent or obligation to update or revise any forward-looking statements whether as a result of new information, estimates or opinions, future events or results or otherwise, unless required to do so by law.

Cautionary Statements
The Study referred to at this forum is based on low accuracy level technical and economic assessments (determined to a nominal accuracy +/-35%), and is insufficient to support estimation of Ore Reserves or to provide assurance of an economic development case at this stage; or to provide certainty that the conclusions of the Scoping Study will be realised. 83% of the existing Mineral Resource Estimate (MRE) is in the Indicated and Measured categories, with the balance of 17% classified in the Inferred category. There is a low level of geological confidence associated with Inferred mineral resources and there is no certainty that further exploration work will result in the determination of Indicated or Measured Mineral Resources. Furthermore, there is no certainty that further exploration work will result in the conversion of Indicated and Measured Mineral Resources to Ore Reserves, or that the production target itself will be realised.
The consideration of all JORC modifying factors is well advanced, including mining studies, processing and metallurgical studies, registration of the intent to submit an ESIA with the responsible regulator, environmental baseline studies, key inputs into the application for a Special Mining Licence and other key permits required from the government. The Company believes it has a reasonable basis for providing the forward looking statements at this forum. In addition, the Company believes that it has a reasonable basis to expect it will be able to fund the development of the Nyanzaga Project with its JV partner (Acacia Mining plc). Please refer to the Scoping Study Results Announcement for further details.