empire mine property - roughriderexploration.com€¦ · empire mine project acquired:...

Empire Mine Property

Vancouver Island, B.C.

July 2020

www.roughriderexploration.com | TSX.V: REL | 2

Forward Looking Statement

Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws.

Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not

statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no

assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors,

many of which are beyond the Company’s control, and that future events and results may vary substantially and materially from what the Company currently

foresees.

This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Roughrider

Exploration Limited, nor shall it or any part of it form the basis of or be relied on in connection with or act as any inducement to enter into any contract or

commitment whatsoever. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this presentation or on any

other document or oral statement or on the completeness, accuracy or fairness of any such information and/or opinions. No undertaking, representation,

warranty or other assurance express or implied is made or given by or on behalf of Roughrider Exploration Limited or any of its directors, employees or

advisors, as to the accuracy or completeness of the information or opinions contained in this presentation and, save in the case of fraud, no responsibility or

liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements, negligence or otherwise contained or

referred to in this presentation. Historical information provided in this presentation regarding the Company’s projects or adjacent properties (in which

Roughrider has no ownership interest and thus no right to explore or mine) cannot be relied upon as the Company’s QP as defined under NI-43-101 has

not prepared nor verified the historical information. A Qualified Person has not done sufficient work to classify any historical mineral resource estimate(s)

referenced herein as a current estimate and Roughrider is not treating such as current mineral resource(s).

Qualified Persons

The Qualified Person responsible for the technical information in this presentation is David Tupper, P. Geo., Company Vice President of Exploration, who has

approved the technical information included herein. Any reference to adjacent properties, historical estimates and resources should not be relied upon.

Adjacent Properties

This presentation contains information about adjacent properties on which Roughrider has no right to explore or mine. Investors are cautioned that mineral

deposits on adjacent properties are not indicative of mineral deposits on the Company's properties.

Cautionary Note


31.73 M Issued and Outstanding, 2.0 M options at 18 cents and 108,600 broker warrants

at 10 cents , Current share price ~$.0.20 cents = $6.35 M market cap

PEOPLE

KEY ASSET

ACQUIRED

STRATEGY

TIGHT SHARE

STRUCTURE

EMPIRE MINE

ACQUISITION

Strong Technical Emphasis with Good Marketing Connections. Directors: Adam Travis,

Scott Gibson, Fletcher Morgan, Jay Sujir and Dale Wallster.

Empire Mine Project Acquired: “Historical mine camp on Northern Vancouver Island;

historical 2008 resource with lots of exploration upside”. On June 21, 2020 Roughrider ( “REL”) entered into a Binding Letter of Intent on with Mirva

Properties Ltd to earn a 100 % interest in the Empire Mine Property. REL will make Initial payments

on closing of $50,000 and 200,000 common shares of the Company and a minimum work

commitment in Year 1 of $200,000. Total consideration over 5 years includes an aggregate

$1,250,000 cash payments, the issuance of 3,000,000 common shares and work commitments of

$2,000,000 Mirva will retain a 2% NSR on the Property of which 1% may be purchased for

$1,000,000.

Constantly Pursuing Other Opportunities, Emphasis on Projects with Gold Resources

with Room to Grow and Accretive Acquisitions that plays to our strengths. 52%

27%

21%

Shareholders

Directors,Officiers & Related Party

Institutional

Other

Additional Assets in BC’s Golden Triangle

Gin & Eldorado Properties: “ ‘Book Ends’ to the Red Chris Mine”

Scottie West Property: “Adjacent to Scottie Gold Project”.

Empire Mine Kingfisher Pit, 1966

(UBC Master's Thesis, John Lund 1966)

Corporate Overview


Under Explored Area with Good Infrastructure Northern Vancouver Island has had a rich history of mineral production and

resource development (logging, sawmills, pulp and paper mills, fishing,

gravel pits, rock quarries) over the last hundred years but has been far less

explored than other prolific mineral belts in B.C; especially with modern

exploration techniques. Extensive network of logging roads and port

facilities throughout the region. Recent government initiatives including

airborne surveys and detailed geological surveys. Mineral potential is

starting to be recognized again by major mining companies like Teck

Resources and Freeport with their recent acquisitions in a region that can

be worked all year round.

Experienced Leadership & Management Team Hundreds of years of technical, corporate, marketing and financial experience

Smart Deal & Strong Consolidated Land Position Signed Binding L.O.I to acquire a 100 % interest in Mirva Properties Empire

Mine Property; who consolidated ownership over the last five years and

Roughrider then immediately doubled land position to >15,000 hectares

covering a 11 km x 22 km belt. Deal is structured to have low upfront costs

with $50k cash, 200 k shares & $200 k work commitment in Year 1.

Historic Resources & District Scale Potential Leveraging millions of dollars in past exploration: including 134 diamond drillholes

(13,563.3m) completed between 1989-2007, a 2008 N.I 43 101

Resource of 960,000 tonnes at 2.03 g/t gold, 5.64 g/t silver, 0.34% copper, 0.013%

cobalt and 16.1% iron using a 0.50 g/t gold cut-off ¹ ¹º that is open to depth but was

never finished drilling due to the financial crisis and later other corporate priorities.

The Property covers 22 mineral occurrences, including 3 past producing open pit and two

underground past producing mines for magnetite, copper, gold, and silver.

Tight Share Structure Interests Aligned - Directors & Related Parties own > 50% of the shares

Investment Thesis and Timelines

June 2020 Q3 2020 Q3-Q4 2020

Update Resource,

Plan 2021 Work

Programs

Q4 2020 – Q1 2021

Commence 2021

Field Programs & Drilling

Q1-Q2 2021

Discovery Path- Year-Round Exploration and News Flow

Gold & Copper Grades with Cobalt & Silver Credits Previous underground and open pit mining between 1916-1973 was focussed on the iron ore

(magnetite and copper potential) and it was not until the 1980's that the gold potential of the

area was recognized. Exploration drill results such as 2006 drillhole MW06-17 which

returned 6.51 g/t gold and 1.38% copper over 50.32 m attest to the exploration potential.

Drill results such as MW07-72 which returned 5.82 g/t gold and 0.405% cobalt over 8.16m from 5.18-13.34 m also highlight underappreciated cobalt potential.

Time is Right First time for this large consolidated land position, improving financing market and record high

gold prices along with government initiatives have come together at same time.

Peer Comparisons Current Market Cap $6.35 M with geological analogues include Sunmetals (market cap -

$30M) Stardust Project and discovery timing includes Scottie Resources rediscovering the Scottie Gold Mine ($20 M market cap to $50 M market cap)

Property Exam, Due

Diligence, Binding

L.O.I Signed

$200 k Geology,

Geochemistry & Geophysics,

Permitting, Consultations,

Definitive Agreement Signed

Confirmation & Step

Out Diamond Drill Program

(>3000 m) , Prioritize Regional Targets


Empire Mine, Northern Vancouver Island

Empire Mine Property Acquisition Highlights

• The Property covers 22 mineral occurrences, including

3 past producing open pit and two underground past

producing mines for magnetite, copper, gold, and silver.

• Significant previous drill intercepts including 2006

drillhole MW06-17 ² which returned 6.51 g/t gold and

1.38% copper over 50.32 m .

• Historical measured and indicated resource of 960,000

tonnes at 2.03 g/t gold, 5.64 g/t silver, 0.34% copper,

0.013% cobalt and 16.1% iron using a 0.50 g/t gold

cut-off completed November 30, 2008 by Gary

Giroux ¹ ¹º. The resource was noted as open to

depth and no further work on the resource has been

completed since 2008.

• The Property was recently expanded from 7,114

hectares ("ha") to over 15,000 ha by Roughrider staking.

• > 6 km prospective strike length outlined by historical

2005-2008 geophysical work and drilling.

• The Property has excellent infrastructure and access

due to logging, active limestone quarrying, power lines

and power generation operations in the area as well as

easy access to ports at both Port McNeil and Port Alice.


Vancouver Island- Clear Advantages Benefits of working on Northern Vancouver Island

• Resource friendly environment (logging, quarries, gravel pits, past producing mines).

• BC Government initiatives to encourage mineral exploration such as sponsoring Airborne Geophysical Surveys & detailed Geoscience

studies, including a 2019 study examining the magma-carbonate contacts in the Merry Widow mountain area to create a predictive tool to aid

in future exploration for copper-gold-cobalt-silver skarn deposits.

• Good infrastructure including extensive network of both mainline and secondary logging roads, power generation plants and limestone quarry

bordering property and port facilities located within 1 hours' drive at Port Alice and Port McNeil.

• Elevations on the Properties range from 110 to 1,370 m with the main area of interest below 700 m, which affords a year-round field season.

Merry Widow Iron Ore Pit, Copper Gold zone in pit wall at back of image (June 2020)

Merry Widow Pit

Kingfisher Pits

Victoria Lake

Port Alice

Limestone Quarry (not on property)

Benson Lake Mine Old Sport Mine (not on property) Benson Lake

View to West


District Scale Potential (11km x 22km)- Geology

• Occurrences of copper were first reported to have been

discovered in 1897 along the Old Sport horizon near the

Benson River on the east slope of Merry Widow

Mountain.

• Previous mining occurred in two main eras from 1916-

1931 and 1957-1972. Mining and exploration has been

mainly focused on two areas at either the base of the

Quatsino limestone (Old Sport Horizon) or near the top

of the Quatsino limestone near its contacts with the Merry

Widow intrusion (Empire Mine).

• 22 known mineral occurrences occur on the Empire Mine

Property, clustered around iron oxide- copper

mineralization skarns zones developed at the margin of

the Merry Widow pluton where it contacts the Upper

Quatsino limestone, Parsons Bay formation and Bonanza

formation.

• The previous exploration results and previous

mining along a favourable > 6 km long airborne

magnetic and geological trend with at least 22

documented mineral occurrences attest to the

exploration potential of the area for copper-gold

skarn deposits with interesting silver, cobalt and

magnetite credits.

Eagle

Shamrock

Blackjack

Ajax

Summit

Whisky Jack North Notch

Rambler

Keystone

Snowline

Radio

Dry Hill

Benson Lake Mine

Happy Jack

1 km

Inset Map


Airborne Magnetics Tilt Derivative Magnetics, 2006-2007 ⁹

Survey totaled 3,219-line km; highlights include:

• 6 km long Old Sport trend.

• 2 km long Empire Mine trend.

• Circular features related to Merry Widow pluton.

District Scale Potential (11km x 22km)- Geophysics

• Numerous untested magnetic

anomalies throughout the

Property to be prioritized

based on underlying geology,

geochemistry and previously

noted mineralization.

Aeroquest Limited AeroTEM II

Electromagenetic & Magnetometer Survey

Inset Map See Inset Map


Old Sport Mine

Benson Lake Mine

Southwestern

Conductive

Anomalies

District Scale Potential (11km x 22km)- Geophysics

Z-1 off Time EM (conductors), 2006-2007 ⁹

Survey totaled 3,219-line km; highlights include:

• Empire Mine past producers and mineral occurrences are spatially associated

with conductor anomalies.

• However, mineralzation

along the Old Sport Horizon

(Old Sport Mine and

Benson Lake Mine)

appears not anomalous.

• Unexplained EM

conductors, such as the

Southwestern Conductive

Anomalies, are present

throughout the Property and

require systematic field

examinations.

• Conductive responses are

expected from copper and

iron sulphide mineralization,

but also from clays in lakes,

rivers and swamps.

Inset Map

See Inset Map


Large historical database (>1,400

silt, soils and rocks from Grande

Portage alone) - initial compilation

already showing anomalous areas

outside of main historical work

areas.

Examples include:

• a 150 m x 800 m Copper in soil

anomaly (> 100 ppm) noted at

Happy Jack (green outline) ³.

• a 350 m x 500 m Gold (> 20

ppb) and Cobalt (> 20 ppm) soil

anomaly off southwest corner of

crown grants (blue outline) ⁴.

• Arsenic (+/- gold) in silt and soil

anomaly in southwestern portion

of the property coinciding with

Southwestern Conductive

Anomalies.

• No apparent sampling along the

western contact of Merry Widow

pluton; requires follow up.

District Scale Potential (11km x 22km)- Geochemistry


Old Sport Horizon- History

Old Sport or Coast Copper and Benson Lake Underground Mines ⁵

• The area was originally explored in 1897 and by 1911 a group of six claims were staked to cover the

immediate area of Merry Widow Mountain. During 1916-1931, Cominco completed approximately 8

km of underground development along the Old Sport horizon.

• In 1958, Cominco took advantage of the newly constructed Empire Mine road and reopened the Old

Sport/Coast Copper Mine. Cominco mined 2.6 mt of material between 1962-1972 from the Old

Sport/Coast Copper Mine (a portion of this mine not on the current Property) and the Benson

Lake Mine which produced 90,184,161 lbs. of copper, 377,165 oz of silver and 126,386 oz of gold.

Material grades averaged 1.57% copper, 4.48 g/t silver and 1.48 g/t gold. These mines were

exploiting the stratigraphically controlled Old Sport Horizon, characterized by magnetite and

chalcopyrite bodies in widths varying from 0.6 to 30m associated with a dioritic sill near the base of

the Quatsino Limestone Formation In December 1972, after closing down operations at the Benson

Lake Mine, Cominco reported remaining developed reserves of 454,449 metric tonnes (501,000 tons)

averaging 1.3% copper, 0.6 grams (0.02 oz/ton gold) and 33% iron. Although credibly reported by

Cominco, these figures predate current 43-101 standards.

• Later exploration including detailed airborne geophysics surveys by Grande Portage Resources in

2007 indicates that the Old Sport Trend continues for at total length of 6 km and up to 3 km south of

historical workings. Grande Portage drilled 7 drillholes totaling 3,870m testing this horizon of which 5

holes reached the targeted depth. Drillhole MW07-54 was collared 900m south of the Benson Lake

mine workings along a prominent magnetic high and it intersected 0.63m of 1.20 g/t gold, 31.00 g/t

silver, 5.25% copper and 11.30% iron at a depth of 711m below surface. Although this previous drill

intercept is not considered economic it attests to the continuity of mineralization at significant

distances outside of historical underground workings.

• Further exploration is clearly warranted on this large-scale target copper-gold horizon which

occurs over a potential > 6 km strike length and up to 700m down dip before it encounters the

intrusive contact, especially since it appears to be less than half mined by previous workers. Coast Copper Mine/Old Sport Mine (circa 1916)

Vancouver Public Library Image

2007 airborne magnetic survey


Empire Mine- History

Merry Widow, Kingfisher and Raven Open Pits and Kingfisher Adit

• Located approximately 1 km west and 700m in elevation above the Old Sport Horizon (Benson Lake Mine) the

Empire Mine extracted 3.37 mt of magnetite material from the Merry Widow, Kingfisher, and Raven magnetite

material bodies between 1957-1967. Mineralization is localized near the top of the Quatsino limestone formation near

its contact with the Merry Widow Intrusion ⁶.

• During iron ore production, even though chalcopyrite (copper) and pyrite (iron sulphide) lenses and zones

were encountered they were considered a detriment to producing a clean magnetite concentrate and were

purposely avoided. One small pit (Raven) was abandoned and later backfilled with waste due to the

presence of abundant pyrite and chalcopyrite contaminating the magnetite material. Later studies have

shown an intimate association of gold with late phase chalcopyrite, and preliminary metallurgical studies

indicate favourable recoveries for gold, copper and silver.

• In 1989,Taywin Resources acquired the Quatsino crown grants and recognized the gold and copper potential around

the margins of the old iron ore mines (see selected drill result table). Exploration up to 1992 included the drilling of 42

diamond drillholes (2,850m), 120 short reverse circulation drillholes and the completion of a pre-feasibility study with

the goal to process material at BHP-Utah's Island Copper Mine near Port Hardy. By 1993 Taywin changed focus with

new leadership and moved its corporate office to Ontario.

1989 Taywin Resources select drill results

Geological Cross Section, Empire Mine: Ray, BCGS Open File 2013-08

Geological plan with geology and target areas, Empire Mine, 2018

Source: George Cross Newsletter No. 207, October 27, 1989 Geological Cross Section, Benson Lake Mines BCGS Property File 12494

Empire & Benson Lake Mines ⁵


Empire Mine- History Grande Portage Drilling

• Little work appears to have occurred on the Property from

1993 to when Grande Portage acquired the Property in 2005.

Note: reported intercepts are intercept lengths and not true widths

• In 2006, Grande Portage

completed 47 drill holes

(4,448.0m) of which 43 drillholes

were in the vicinity of the Merry

Widow open pit (see table).

Including intercepts such as

drillhole MW06-17 which

returned 6.51 g/t gold and

1.38% copper over 50.32 m ².

• In 2007, Grande Portage

completed 45 diamond drillholes

(6,265.3m) of which 30 drillholes

tested targets outside of the Merry

Widow pit. These included 23

drillholes at the Marten Zone,

which included intercepts such as

drillhole MW07-72 which

returned 5.82 g/t gold and

0.405% cobalt over 8.16m from

5.18-13.34m ⁷.

Au


Empire Mine- History

• In 2008 Grande Portage completed an update to their

resource estimate and calculated a measured and

indicated resource of 960,000 tonnes at 2.03 g/t gold,

5.64 g/t silver, 0.34% copper, 0.013% cobalt and

16.1% iron using a 0.50 g/t gold cut-off ¹ ¹º. This

resource was noted to be open to depth where

further drilling was recommended, no additional work

on the resource has been completed since the 2008

resource estimate (see table).

• In 2010, Grande Portage completed a 250 kg bulk

sample that was collected from the Copper Knob area

(north edge of Merry Widow Pit) and was sent to West

Coast Mineral Testing Inc. This sample averaged 9.9

g/t gold, 74.9 g/t silver and 5.9% copper and

recovered 95.1%, 88.9% and 88.0% respectively ⁸.

• In June 2010, Grande Portage shifted its main emphasis to its recently acquired Herbert

Glacier high grade gold project in Alaska.

• Between 2011-2015, Grande Portage focused its efforts on its discoveries in Alaska and had other

parties conduct modest initial studies on the magnetite and limestone potential.

• In August 2016, Grande Portage sold the property to the current vendors (Mirva Properties). Who

completed modest remote sensing and lidar (air photo) studies and compilation reports while awaiting

the resolution of a 2016 legal dispute between Grand Portage and the original crown grant owner

which was eventually settled in September 2019 in Grande Portage’s favor.

Grande Portage Historical Resource Estimate and Recent Work 2008 Merry Widow

Measured and Indicated Resource

Isometric view looking NE of mineralized Solid in Orange and Surface Topography in Grey (note the position of the current open pit ~ 150 m wide x 250 m long) ¹


Empire Mine Conclusions • Roughrider’s Empire Mine Property covers > 15,000 ha of prospective rocks on resource

friendly and good infrastructure Northern Vancouver Island.

• The Property covers 22 mineral occurrences, including 3 past producing open pit and two

underground past producing mines for magnetite, copper, gold, and silver.

• Previous mining and exploration during the periods of 1916-1931 and 1957-1972 focused on

iron ore and copper.

• It was not until 1989 that Taywin Resources recognized the full gold potential after drilling 42

diamond drillholes, including results of 56.0m of 3.43 g/t gold and 0.99% copper in drillhole

89-17 and 14.0m of 13.37 g/t gold and 0.21% copper in drillhole 89-7 ³. Even though

significant results were returned, this program was cut short due to political events in 1993.

• Little to no work occurred on the property between 1993 and 2005.

• Between 2005 and 2008, Grande Portage completed numerous programs including drilling 92

diamond drillholes, confirming and extending the gold and copper potential first identified by

Taywin. They completed a N.I.43-101 Measured and Indicated resource of 960,000 tonnes at

2.03 g/t gold, 5.64 g/t silver, 0.34% copper, 0.013% cobalt and 16.1% iron using a 0.50

g/t gold cut-off ¹ ¹º.

• Beginning with the 2008 financial crisis followed by Grande Portage discoveries in Alaska, no

substantial programs have been completed on the Property.

• Since acquiring the property in 2016 Mirva has been completing modest field programs,

compiling and acquiring extensive historical records while awaiting better markets and a

strong technical team to advance the property and share their strong belief in the exploration

upside.

• With the signing of the L.O.I Roughrider is now able to follow up the highly encouraging

results from 1989-1992 and 2006-2008 that were not fully explored.

Polished thin section from the Merry Widow pit showing gold (Au)

hosted in late phase chalcopyrite (CPY), 2019

Geological plan with geology and target areas, Empire Mine, 2018


Roughrider Empire Mine 2020 Plans

Phase 1 ($200,000 to be completed July/August 2020)

• Permitting, Community and First Nations engagement.

• Continue to acquire historical data and finalize compilation.

• Detailed geological review of historical drilling.

• Property wide exploration plans include:

• Detailed ground geological review of existing pits and underground

workings and their immediate strike potential.

• Collection of ~1,000 moss mat silt, rock and soil samples which are

required to complete Property wide coverage.

• Reconnaissance geology and prospecting throughout Property.

• Ground geophysical test surveys including Gravity.

Phase 2 (> $1,000,000 to be completed in fall 2020 depending on permitting)

• Exploration plans include:

• Detailed ground geological review of mineral showing and

favorable trends.

• Detailed geophysical surveys based on results of Phase 1.

• >3,000 meters of Diamond drilling.

• Resource review and update based on new drilling.

Massive chalcopyrite from the Copper Knob showing,

edge of Merry Widow Iron Ore Pit (June 2020)

Kingfisher portal (June 2020)

www.roughriderexploration.com

Adam Travis, CEO and Director

• P: 250.878.7554, E: [email protected]

Scott Gibson, Past CEO and Current Director


Fletcher Morgan, Chair of the Board of Directors


#420 – 625 Howe Street Vancouver, BC V6C 2T6

• TSX.V: REL


Footnotes 1. Historical NI43-1010 Technical Report: Giroux, G. H., & Raven, W. (November 30, 2008). Technical Report on the Copper Gold Resources for the Merry

Widow Property. Filed on Sedar January 22, 2009. The 2008 Grande Portage historical resource estimate was completed by Gary H. Giroux, P.Eng, MASc,

of Giroux Consulting Ltd. in Vancouver, B.C. The historical estimate was based on a 3D geologic model integrating 4,448 metres of diamond drilling of 43 drill

holes, 2,290 assays, with 104 down hole surveys collected between June and December 2006. The historical estimate was reported utilizing gold cut-off

grades ranging from 0.10 g/t to 3.00 g/t gold, as more particularly set out in the report. A complete copy of the report is available on Grande Portage's public

filings on SEDAR. A gold cut-off grade of 0.50 g/t gold was selected as representing one possible mining scenario. For the purposes of the calculations,

lognormal cumulative frequency plots were used to assess grade distribution to see if capping of high values was required and if so at what levels. For all

elements capping levels were established based on the individual grade distributions as follows: Gold- a total of 18 gold assays were capped at 32.0 g/t gold,

Silver- a total of 9 silver assays were capped at 165 g/t silver, Copper- a total of 7 assays were capped at 11.7% copper, Cobalt - a total of 5 assays were

capped at 0.48 % cobalt, Iron- all iron assays were capped at 50% iron (the analytical detection limit).

2. Assessment Report on the Diamond Drilling on the Merry Widow Property, G. Nicholson, December 15, 2006. BC Assessment Report 28863

3. Report on Geochemical and Geological Surveys on the Good Sport 1 Claim of the Good Sport Group, T. Clarke, January 25, 1989, BC Assessment Report

18619

4. Geological and Geochemical Report Rainier-Widow Property, M Caron, W. Harris, September 18, 1990, BC Assessment Report 20327

5. 2017 Prepatory/Physical Report for the Blue Gold Property, D. Berkshire, J.Hume, April 15, 2018, BC Assessment Report 37471

6. Minfile Record Summary, Minfile No 092L 044, found on https://minfile.gov.bc.ca/Summary.aspx?minfilno=092L++044

7. Diamond Drilling, Geochemical and Geophysical Assessment Report for the 2007 Program at the Merry Widow Property, W. Raven, M. Nelson, April 14,

2008, BC Assessment Report 30002

8. Grande Portage News Release dated March 1, 2010 found on Sedar.com

9. Geophysical Assessment Report on the Merry Widow Property, M. Pozza, 2006. BC Assessment Report 28802

10. Historical information provided in this presentation regarding the Company’s projects or adjacent properties (in which Roughrider has no ownership interest

and thus no right to explore or mine) cannot be relied upon as the Company’s QP as defined under NI-43-101 has not prepared nor verified the historical

information. A Qualified Person has not done sufficient work to classify any historical mineral resource estimate(s) referenced herein as a current estimate

and Roughrider is not treating such as current mineral resource(s).

empire mine property - roughriderexploration.com€¦ · empire mine project acquired:...

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