2. This presentation has been prepared as at December 14th, 2012 and contains “forward-looking statements” relating but not
limited to the Company’s expectations, plans, intentions and beliefs, under the provisions of Canadian provincial securities
laws. Forward-looking information can often be identified by forward-looking words such as “anticipate”, “believe”, “await”,
“expect”, “hope”, “goal”, “planned”, “intent”, “estimate”, “may”, “forecast” and “will” or similar words suggesting future
outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions, comments or statements about future
events or performance. Forward-looking information may include statements regarding the estimation of mineral
resources, historical and current exploration results, potential mineralization, potential mineral resources and mineral
reserves, historical non-compliant pre-43-101 drilling results, and is based on current expectations that involve a number
of business risks and uncertainties, many of which are beyond Orefinders Resources Inc.’s ability to control or predict.
Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited
to, failure to establish estimated resources and reserves, the grade and recovery of mined ore varying from estimates,
capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in the price of
gold and other commodity prices, poor market conditions, delays in the development of projects and other factors.
Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ
materially from expected results that could impede planned business objectives for the Company.
Potential shareholders and prospective investors should be aware that these statements are subject to known and
unknown risks, uncertainties and other unpredictable factors that could cause actual results to differ materially from those
suggested by the forward-looking statements, and undue reliance should not be placed on such statements and
information. Shareholders are cautioned not to place undue reliance on forward-looking information since forward-looking
information involves numerous assumptions, inherent risks and uncertainties, both general and specific. These same
assumptions, risks and uncertainties contribute to the possibility that the predictions, forecasts, projections and various
future events will not occur. Orefinders Resources Inc. undertakes no obligation to update publicly or otherwise revise
any forward-looking information whether as a result of new information, future events or other such factors which affect
this information, except as required by law. All currency numbers are reported in Canadian dollars unless otherwise
indicated. All scientific or technical information contained on this website has been
reviewed and approved by William Yeomans, P.Geo, the President of
Orefinders Resources Inc., who is a "qualified person" as defined in
TSX-V: ORX National Instrument 43-101 of the Canadian Securities Administrators.
www.orefinders.ca 2
3. Bill Yeomans, P. Geo – President, CEO and Director
◦ A gold exploration professional with over 27 years of experience in all stages of gold exploration
throughout the Americas. Currently a director for Xmet Inc. with extensive exploration and management
experience with junior and major mining companies including BHP and IAMGOLD
Stuart W. Rogers – CFO and Director
◦ Has served as an officer and/or director of technology and resource companies listed on the TSX-V,
TSX, and NASDAQ since1987. Founder and former CFO of Prophecy Resource Corp
Stephen Dulmage - Director
◦ A capital markets and finance professional with over 10 years experience specialized in asset
evaluation, planning and operations management
Adam Travis, B.Sc. Geology - Director
◦ Currently President and CEO of Colorado Resources Inc.
Alex Stewart, B.A., J.D. – Chairman and Director
◦ A former corporate/securities lawyer with over 35 years experience in the financial and public markets
Stephen Stewart, MBA, M.Sc. – VP Corporate Development
◦ MBA from U of Toronto, M.Sc. from U of Florida, with 10 years experience in mining and real estate
Kevin E. Piepgrass, B.Sc. Geology – VP Exploration
◦ Experience in managing and advancing exploration projects toward feasibility and mining in North and
South America and East Africa
TSX-V: ORX
www.orefinders.ca 3
4. $1.57 million @ $0.10/share (Directors, Management & Associates) 15.7 million shares (33%)
Vendor of Mirado and Derlak Projects (Micon Gold Inc.) 14.1 million shares (30%)
Micon Gold Inc. is an unlisted reporting company formed from the amalgamation of Brenbar
Mines Ltd., Concopper Enterprises Inc. and Mirado Nickel Mines Limited on January 1, 2011.
Founders Shares 7.5 million shares (16%)
$3.0m IPO @ $0.50/share 6 million shares
$3.7m Flow-Through shares @ $0.55/share (free trading April 18/13) 3.7 million shares
Total Shares In escrow (included above) 21.1 million shares
Total Issued 47.1 million shares
Warrants
1,400,000 at $0.50 to April 3, 2017 (escrowed)
291,000 at $0.50 to June18, 2014 (escrowed)
679,000 at $0.50 to June 18, 2014
Options 3,275,000 at $0.50 to April 3, 2017
Fully Diluted 52.8 million shares
Estimated Cash Upon Closing CAD $ 5.2 million
Estimated Cash After Year 1 Program CAD $ 1.7 million
TSX-V: ORX
www.orefinders.ca 4
5. Gold projects in two of Canada’s
most prolific gold camps:
Kirkland Lake camp (>40M oz Au
past production)
Red Lake camp (~25M oz Au past
production)
Mirado property is an advanced
stage gold project located approx.
13km south of the Larder Lake
Cadillac Fault
Derlak Red Lake located1800m
NE along strike from Claude
Resources Inc’s Madsen mine
Claude reported an NI-43-101
compliant resource of 928,000 oz
Au (inferred) and 297,000 oz Au
(indicated) at their Madsen Mine
TSX-V: ORX
www.orefinders.ca 5
6. Abitibi Greenstone
Belt (2.73-2.67 Ga)
>200M oz Au mined
along PDF-LLCF
100M oz Reserves
Kirkland: 50M oz Au
in production to date
> $200M in
exploration in
Kirkland Lake gold
camp for 2012
Volcanics and tuffs
south of LLCF
remain
underexplored
Deposit model at Mirado similar to Au-Cu-Zn-Ag vein and VMS deposits of the
Doyon-Bousquest-LaRonde mining camp - synmagmatic sulphide veins,
stockworks and disseminated deposits (Examples - Westwood, Doyon, Ellison)
TSX-V: ORX
www.orefinders.ca 6
7. Volcanoclastic and tuffaceous units
favourable for disseminated, VMS and
replacement polymetallic sulphide veins
associated with broad Au zones near
faulted contact of two volcanic cycles
Mirado recognized as bulk tonnage Au
deposit with lithologic and structural
controls and potential for 1-5M oz Au
Mirado does not have any current
mineral resource or reserve estimates
North Zone grab 134.5 g/t Au, 63.5 g/t
Ag, 1.47% Cu and 23.88% Zn
South Zone grab 442 g/t Au, 63 g/t Ag
12 patented claims covering 432 acres
and an additional 10 staked claims
covering 1880 acres (MZ)
TSX-V: ORX
www.orefinders.ca 7
8. Historical surface and U/G
drilling focused primarily on
North Zone shallow (<150m) high-grade
Au mineralization located in
North and South Zones
Historical drilling focused
within close proximity to open
pit and U/G workings
Bulk tonnage gold potential
South Zone was completely ignored – large
sections of core not sampled
Shallow bulk sample in test pit
excavated to <30m depth
Large portion of historical drill
data compiled and digitized
TSX-V: ORX
www.orefinders.ca 8
9. 19
10
6
19
4
10
3 6
2 4
1
3
-1 2
Chargeability
mV/V
1
-1
Chargeability
mV/V
Excellent correlation between IP Chargeability Recent IP Geophysics outlines large, mostly
and Au-bearing Agglomerate unit as well as untested chargeability anomaly and indicates
surface mineralization previously mapped potential Au mineralization open in all directions
TSX-V: ORX
www.orefinders.ca 9
10. 1050-35
1050-37
1050-43
1050-28
86-12
Limit of Exploration and Development < 200m
Deep IP Chargeability extends potential mineralization to >600m depth
TSX-V: ORX
www.orefinders.ca 10
11. 600m 600m
Mirado - broad Au zones > 600m depth
related to high grade Au-Ag-Cu-Zn
veins and disseminated pyrite in tuffs /
volcaniclastics proximal to major fault
Doyon-Bousquet-Laronde mining camp
produced 22 million oz Au
Doyon Zone 2 Main Pit dominated by
multiple narrow sulphide veins < 7 cm
thickness in volcanics / volcaniclastics
Mirado and Westwood share similar
rock types, styles of mineralization and
similar age for deposition (~2700 Ma)
TSX-V: ORX
www.orefinders.ca 11
12. >40,000m of historical surface and U/G
drilling between 1938 – 1987 *
Four levels of underground workings
developed to maximum depth of 150m
Historic metallurgical work reported
95% Au recovery using direct
cyanidation
Favorable Bond Work Index reported -
13.78 (Dynatec, 1986) due to low silica
Historic Environmental Baseline Study
raised no concerns – Dynatec Mining
Historic production of 89,719 tonnes @
0.114 opt between 1941-43 (Yama
Gold Mines) and 1986-87 (Golden
Shield Resources Report 1987)
*Historic drill hole records from 1938-1987
had no QAQC since the original drill-core is
no longer available. Therefore all past drill
TSX-V: ORX
www.orefinders.ca records are considered unreliable.
12
14. Past metallurgical test work indicate a low work index of 13.78,
classified at 200 mesh
Recent petrographic study indicate rock type as Latite (volcanic
equivalent to Monzonite) which contains virtually no quartz
Gold recovery with direct cyanidation using 0.4 kg/t NaCN and 0.3
kg/t CaO extracted 95% Au
Gold recovery from a combined gravity concentration and flotation
was 94.4%
Gold recovery from selective flotation test work was 89.0%
33.8% of gold was free at 95% minus 200 mesh
Samples were sourced from 350 kg of drill core
Test work completed by Lakefield Research Ltd. - 1986
TSX-V: ORX
www.orefinders.ca 14
18. Red Lake greenstone belt
has produced 25 million oz
gold from 1930 to present
(Lichtblau et al, 2010)
Property is located <5km
SW of Red Lake Town
Claims (red) tied onto past
producing Madsen Mine
held by Claude Resources
Inc.
Confederation Assemblage
(SE) and Balmer
Assemblage (NW) (3.0-2.7
Ga) present on property
Assemblages separated by
angular unconformity
(Madsen Trend) adjacent to
the Madsen Mine, striking
030˚ and dipping 65˚SE
18
19. Derlak Red Lake consists of 11
contiguous patented claims
covering ~542.1 acres
Property located within the Red
Lake Greenstone Belt NW
Ontario, <5km SW of Red Lake
Town
Intermediate to mafic volcanics,
intrusions and tuffs of the
younger Confederation
Assemblage (SE) in contact with
the older Balmer Assemblage
(NW) (3.0-2.7 Ga)
Assemblages separated by
angular unconformity (Madsen
Trend) defined by black dashed
line
TSX-V: ORX
www.orefinders.ca 19
20. Au mineralization in the
Madsen Mine is associated
with the Austin and McVeigh
Tuffs (Balmer assemblage)
Both tuffs have been
identified by surface mapping
and historical drilling on the
Derlak Red Lake Property
Historic drilling on property is
limited and shallow
Claude Resources Inc. has
reported an NI-43-101
compliant resource of
928,000 oz Au (inferred) and
297,000 oz Au (indicated) at
their Madsen Mine
TSX-V: ORX
www.orefinders.ca 20
23. Ability to complete drill program and submit results for a preliminary 43-101
estimate within 12 months in the mining friendly jurisdiction of Kirkland
Lake. The Mirado Project is currently under-explored below the -150m level
The Mirado 2012 IP survey “Chargeability” results demonstrate strongly
mineralized zones from surface >600m
The Derlak Red Lake project is strategically located 1800m NE along strike
of the Madsen Mine, presenting the potential for new business opportunities
Both gold properties are situated on patented claims. Orefinders can earn
100% interest in surface and mining rights in gold camps with infrastructure
Attractive deal structures provide a direct path to 100% ownership on all
properties through low annual cash payments and exploration expenditures
TSX-V: ORX
www.orefinders.ca 23
24. Agglomerate samples collected are Oxidized zone with >30% pyrite.
disseminated throughout with 1-5% py
and have a strong correlation with Au. Grab sample assayed 442 ppm Au.
TSX-V: ORX
www.orefinders.ca 24
25. Mirado - Kirkland Lake MZ Property – Kirkland Lake
Cash Payments Cash Payments
◦ $25,000 on signing ◦ $20,000 on signing
◦ $50,000 on or before 1st anniversary ◦ $25,000 on or before 1st anniversary
◦ $25,000 on or before 2nd anniversary
◦ $75,000 on or before 2nd anniversary
◦ $25,000 on or before 3rd anniversary
◦ $40,000 on or before 4th anniversary
Work Commitments
◦ $300,000 expenditure before 1st Work Commitments
anniversary ◦ $50,000 expenditure before 1st
◦ $500,000 expenditure before 2nd anniversary
anniversary ◦ $75,000 expenditure before 2nd
◦ $1,200,000 expenditure before 3rd anniversary
anniversary ◦ $100,000 expenditure before 3rd
anniversary
◦ $200,000 expenditure before 4th
Terms for 100% Buyout of 3% NSR anniversary
◦ 3% NSR of which 1% can be purchased
for a total payment of $1,000,000 Terms for 100% Buyout of 2% NSR
◦ 2nd percent purchase for $2,000,000 ◦ 2% NSR of which 1% can be purchased
◦ 3rd percent purchase for $3,000,000 for a total payment of $1,000,000
◦ 2nd percent purchase for $2,000,000
TSX-V: ORX
www.orefinders.ca 25
26. Derlak Red Lake
Cash Payments
◦ $10,000 on signing
◦ $20,000 on or before 1st anniversary
◦ $30,000 on or before 2nd anniversary
Work Commitments
◦ $200,000 expenditure before 1st
anniversary
◦ $300,000 expenditure before 2nd
anniversary
◦ $500,000 expenditure before 3rd
anniversary
Terms of 3% NSR
◦ 3% NSR of which 1% can be
purchased for a total payment of
$1,000,000
◦ 2% NSR retained by Vendor
TSX-V: ORX
www.orefinders.ca 26
27. Majority of historical drill holes were only partially sampled
Targets remains relatively untested by drilling below -150m
TSX-V: ORX
www.orefinders.ca 27
28. Mineralization open at depth below 150m
Majority of drill holes are only partially sampled
TSX-V: ORX
www.orefinders.ca 28
29. IAMGOLD Doyon-Westwood Au Mine Geology and Mineralization
http://www.iamgold.com/English/Operations/Operating-Mines/Doyon-Division-Gold-Mines/Geology-Mineralization/default.aspx
Amax Minerals Exploration Mirado Project Diamond Drilling Report 1980
http://www.geologyontario.mndmf.gov.on.ca/gosportal/gos?command=mndmsearchdetails:afri&uuid=32D04SW0201
Golden Shield Resources Limited Mirado Project Drilling Report 1986
http://www.geologyontario.mndmf.gov.on.ca/gosportal/gos?command=mndmsearchdetails:afri&uuid=32D04SW0264
Golden Shield Resources Limited Mirado Project Summary Report1987
http://www.geologyontario.mndmf.gov.on.ca/gosportal/gos?command=mndmsearchdetails:afri&uuid=32D04SW0141
Claude Resources Inc. Mineral Resource Estimation Madsen Deposit 2010
http://www.sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00000498&fileName=/csfsprod/data103/filings/01525862/00
000001/n%3A%5CClientServices%5CMiguel%5CPDF%5CClaudeTechReport.pdf
Claude Resources Inc. Powerpoint Presentation June 2012
http://www.slideshare.net/ClaudeResourcesInc/june-2012-13194267
TSX-V: ORX
www.orefinders.ca 29
