December 2, 2011                                                                                 CORE TALK                ...
OROCAN RESOURCES CORP.                                                                                  DECEMBER 2, 2011QU...
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Industrial Alliance Securities: Orocan Resource Corp.


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Industrial Alliance Securities provided an update on graphite explorer Orocan Resource Corp. in their December 2011 edition of Core Talk.

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Industrial Alliance Securities: Orocan Resource Corp.

  1. 1. December 2, 2011 CORE TALK OROCAN RESOURCES CORP. (TSX-V: OR) Orocan Resources Corp., an exploration stage company, engages in the acquisition, exploration, and development of graphite properties in Canada. Its properties include: The Black Donald & Little Bryan properties, Ontario as well as the Carheil & River in Quebec. The company is based in Vancouver, Canada with the exploration office based in Val d’Or, Quebec. Recent Development – December 1, 2011Company Snapshot OROCAN SIGNS AGREEMENT FOR GRAPHITE PROPERTIES IN QUEBECTotal Shares Outstanding (M) 16.58*Options & Warrants (M) 3.03 “"We are extremely pleased to have strategically consolidated one of the most importantFully Diluted (M) 19.61 graphite portfolios within Quebec. [..]These Quebec assets, coupled with our recentlyShare Price ($) 0.27 acquired Ontario properties, positions Orocan to be the premier pure-play graphite90-Day Avg Volume 14,505 exploration company in North America." - Chris Bogart, President & CEO52 Week High – Low ($) 0.39 – 0.12Fully Diluted Market Cap ($M) 5.30* OR announced it has signed an option agreement to acquire a 100% interest in nine graphiteCash ($M) 0.6 properties in Quebec, Canada. These properties have been acquired by a group of vendors led*I/O post TSX approval of ON & QC property by the Quebec Graphite Consortium (QGC).Acquisitions; Currently 14,833,644 outstanding SUMMARY There are three major graphite districts in Quebec; Wakefield, North Shore and New Quebec with notable deposits such as Lac des Iles (Timcal) and Lac Knife (Focus Metals). These nine properties are all located within these districts and centered on the metasedimentary belts of the Grenville Province. These are known marble/gneiss lithologies considered essential to host graphite deposit and having been metamorphosed to sufficiently high grade to produce the larger graphite flakes. Orocan’s Property NEAR TERM STRATEGYManagement  Aggressive exploration campaign with state-of-the-art airborneChris Bogart President & CEO; geophysical surveys; DirectorAntoine Fournier Chief GeologistMichael Philpot Director  Enhance its graphite portfolioAlan Hitchborn Director through acquisitions of additionalTerese J. Gieselman CFO properties that meet its geologic criteria for the potential of a high quality flake graphite deposit within known graphite districts. Source: Company Website
  2. 2. OROCAN RESOURCES CORP. DECEMBER 2, 2011QUEBEC PROPERTIES OVERVIEW North Shore DistrictNew Quebec District RiverCarheil:  High grade schist/marble lithologies favorable for large flakes; High grade schist/marble lithologies favorable for large flakes;  Disseminated graphite similar to Bissett Creek type; Proximal to Lac Knife graphite deposit;  Large claim block, regional targets; Easy access;  Poorly explored; Presence of massive (>30%) graphite boulders and graphite  Large assaying between 0.1 to 10% graphite. seams in the rocks. Wakefield DistrictSandy Lake Preston Similar geology to Lac Knife;  High grade schist/marble lithologies favorable for large flakes; Large claim block, regional targets;  Prospected targets with potential for high-grade; Up to 12.44% Cg in lenses.  Well circumscribed target with high grade;  Underexplored.Sandy Lake NE Notre Dame Similar geology to Lac Knife;  Excellent access and infrastructure; Up to 30.46% Cg in lenses.  Largest claim block available in proximal location;  10% Cg from historical sampling.ONTARIO PROPERTY OVERVIEWBlack Donald Property – 100% Interest Historical Drilling Intercepts Surrounding the past producing Black Donald Mine; Hole # Length (ft.) Grade (%Cg) Black Donald Graphite Mine; 3 32.00 2.25  Reported historic ore grades of up to 80% Cg; including 3.60 5.00  Average reported grade was 25-30% Cg during last 10 years of mine life; 4 28.20 2.36  Responsible for 94% of the total value of Ontario graphite production 8 10.70 5.80 including 10.50 3.06 9 17.50 3.33 including 7.60 2.77 10 55.20 3.77 12 40.00 2.67 Source: Company Website 2011 Exploration Program Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Airborne EM Evaluate 5,000m of Evaluate drill mapping, 1st Phase Survey Ground EM- exploration data DDH results to Sampling, Metallurgical (5,000 line Detailed to delineate & Drilling to determine to Trenching Tests on kms @ ground prioritize targets test 8-10 prioritize targets over EM Graphitic 150m geophysics for Phase 1 Drill priority for rapid Targets Material spacing) Program targets development Source: Company Website Source: Company Website 2 of 2