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Red Crescent Resources (TSX: RCB)Base Metals Development in TurkeyAlan M Clegg, Executive Chairman & CEO
Forward Looking StatementsThis information presentation has been prepared based on information provided by Red Crescent Re...
Red Crescent’s Vision                     World class                     assetsCapitalize onTurkey’s metals &minerals pot...
Why Turkey?   1. High potential for base metals   2. Historically inaccessible   3. Favorable investment climate   4. Exce...
Mining in Turkey                  Copper, Zinc, Lead, Chrome,Key Deposits                  Manganese, Iron OreDrilling Sea...
Our Primary Focus• Exploration and development of 3  base metal projects:   • Hakkari Zinc   • Sivas Copper   • Tufanbeyli...
Our Project Locations                         Sivas - Cu                Tufanbeyli - Zn                                   ...
Hakkari Zinc Project                 Historical Mining of 600kt @                 +25% Zn (+30% Zn-                 equiva...
Sivas Copper Project                Acquired Q2 2011                Potential for +300Mt @                +1.5% Cu        ...
Tufanbeyli Zinc Project                 Hakkari Type: MVT Zinc & lead                 mineralization                 Histo...
Competitive Advantages• Strong reputation for delivery within Turkey’s  government and mining communities• Key relationshi...
Management Team                           • 30 years of mining experience     Alan Clegg            • Registered Professio...
Financial HighlightsAt December 31, 2010Cash & equivalents     $4.1 MWorking capital        $5.9 MTotal liabilities      $...
Financial Highlights • Budget spend* for 2011 ($ millions):              $3.0           $3.5            Hakkari Zinc Proje...
Recent Milestones•   43-101 Initial Resource Estimate for Hakkari•   Sivas Copper Project acquisition•   Petmin equity fin...
Upcoming Milestones - 2011      43-101 Report for Tufanbeyli ProjectQ2    Drilling programs start      Take-off agreement ...
Long-term Objectives• Geographic &           World class  mineral  diversification        assets• Net cash flow of $5M  in...
Market DataTicker symbol                       RCBListing                             TSXRecent share price (May 17, 2011)...
RCB’s Investment Summary• Capitalizing on Turkey’s metals potential• First mover advantage in key areas• 3 base metal proj...
Appendix
Hakkari Zinc Project                       20
Hakkari Zinc Project                       21
Sivas Copper Project                       22
Sivas Copper Project  Porphyry (including Cu and polymetalic) deposits – from Yigit, 2009)                                ...
Capital Structure                   10%                           20%             15%                 Institutions        ...
GlossaryAg    SilverCu    CopperKt    Thousand tonsMVT   Mississippi Valley TypeMT    Million tonsPb    LeadVMS   Volcanog...
Questions                +90 530 662 8964Alan Clegg      +27 82 469 8378                aclegg@rcrholding.com.tr          ...
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Red Crescent Resources investor presentation may 2011

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Red Crescent Resources investor presentation may 2011

  1. 1. Red Crescent Resources (TSX: RCB)Base Metals Development in TurkeyAlan M Clegg, Executive Chairman & CEO
  2. 2. Forward Looking StatementsThis information presentation has been prepared based on information provided by Red Crescent Resources(“RCR” or "Company"). The information contained in this document has not been independently verified. Norepresentation or warranty express or implied is made as to, and no reliance should be placed on, thefairness, accuracy, completeness or correctness of the information or opinions contained herein. It is not theintention to provide, and you may not rely on this document as providing, a complete or comprehensiveanalysis of the Companys financial or trading position or prospects. The information contained herein issubject to change and readers are cautioned not to place undue reliance on forward-looking statementscontained in this document. The Company is under no obligation to correct or update any such forward-looking information.None of the Company nor any of its respective affiliates, advisors or representatives shall have any liabilitywhatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or itscontents or otherwise arising in connection with the document. No person is authorized to give anyinformation or to make any representation not contained in this document and, if given or made, should notbe relied upon.This information memorandum is strictly confidential to the recipient and may not be reproduced orredistributed to any other person, including the press or other media. This document is not an offer ofsecurities for sale in the United States or elsewhere. Securities may not be offered or sold in the United Statesabsent registration or an exemption from registration under the United States Securities Act 1933, asamended. The Company does not intend to register the securities or conduct a a public offering in the UnitedStates. Neither this document nor any copy of it may be taken or transmitted into or distributed, directly orindirectly, in the United States or to any U.S. persons. 1
  3. 3. Red Crescent’s Vision World class assetsCapitalize onTurkey’s metals &minerals potential + Opportunity for asset consolidation Low cost producer 2
  4. 4. Why Turkey? 1. High potential for base metals 2. Historically inaccessible 3. Favorable investment climate 4. Excellent infrastructure 5. Growing economy 6. 100% doorstep market Opportunity for modern mining 3
  5. 5. Mining in Turkey Copper, Zinc, Lead, Chrome,Key Deposits Manganese, Iron OreDrilling Season April – NovemberExport China, Bulgaria, Russia, Iran,Markets Saudi Arabia, UAEOther Listed Alacer Gold, Aldridge, INMET,Players Newmont Mining 4
  6. 6. Our Primary Focus• Exploration and development of 3 base metal projects: • Hakkari Zinc • Sivas Copper • Tufanbeyli Zinc 5
  7. 7. Our Project Locations Sivas - Cu Tufanbeyli - Zn Hakkari - Zn Geographic & Mineral Diversification 6
  8. 8. Hakkari Zinc Project Historical Mining of 600kt @ +25% Zn (+30% Zn- equivalent – Zn/Pb/Ag) Established potential for +50Mt @ +20% Zn equivalent (Zn/Pb/Ag) Initial NI 43-101 2010 - 2.5 Mt @ 3.3% Zn Phase 2 program 10,000m for 10Mt @ +15% Zn equivalent 7 7
  9. 9. Sivas Copper Project Acquired Q2 2011 Potential for +300Mt @ +1.5% Cu Drilling program launched in Q2 2011 (15,000m) Joint venture with Petmin launched in Q2 8 8
  10. 10. Tufanbeyli Zinc Project Hakkari Type: MVT Zinc & lead mineralization Historical mining: 200Kt @ 23% Zn; 12,500m drilled for 3Mt NCR @ 10% Zn Target potential for 2011 drill program +5Mt @ 10% Zn, some Pb delineation Mining & Concentrate production planned for Q3/Q4 2011 9 9
  11. 11. Competitive Advantages• Strong reputation for delivery within Turkey’s government and mining communities• Key relationships with regional and local contacts• Key operations and management based in Turkey• Globally multi-commodity experienced management team• Builders of mines – not explorers! 10
  12. 12. Management Team • 30 years of mining experience Alan Clegg • Registered Professional Mining Engineer President & CEO • Active on 60+ mining projects with value of US $8B Rick Giel • 25 years of financial and operational experience • Served as CFO of NiCo Mining CFO • 35 years of mining experience Doug Taylor • Expertise in project management Project Director & G M • Focused on Sivas Copper Project • 25years of mining experienceMuhannad Arar • Member of Turkey’s Chamber of Geological Engineers Project Director & GM • Focused on Hakkari and Tufanbeyli Zinc projects • 8 years of mining project experience Uygar Saylam • Specialist hydrogeologist with expertise in exploration 11 Project Manager geology, permitting, environmental & feasibility studies 11
  13. 13. Financial HighlightsAt December 31, 2010Cash & equivalents $4.1 MWorking capital $5.9 MTotal liabilities $0.9 MNet loss $3.7 MFully funded to November 2011 12
  14. 14. Financial Highlights • Budget spend* for 2011 ($ millions): $3.0 $3.5 Hakkari Zinc Project Tufanbeyli Project Sivas Copper $2.5*Includes working capital and cashflow from operations 13
  15. 15. Recent Milestones• 43-101 Initial Resource Estimate for Hakkari• Sivas Copper Project acquisition• Petmin equity financing arrangement• Senior management appointments• Concentrator deployment plan initiated for Tufanbeyli and Hakkari 14
  16. 16. Upcoming Milestones - 2011 43-101 Report for Tufanbeyli ProjectQ2 Drilling programs start Take-off agreement Phase 2 drilling results for HakkariQ3 Phase 1 Sivas target ID confirmation Deploy mobile concentrator (cash flow) Sivas Phase 1 initial drilling resultsQ4 Tufanbeyli Phase 2 initial drilling results Hakkari Phase 2 drilling close out 15 15
  17. 17. Long-term Objectives• Geographic & World class mineral diversification assets• Net cash flow of $5M in 2012 +• License acquisition and consolidation Low cost producer 16
  18. 18. Market DataTicker symbol RCBListing TSXRecent share price (May 17, 2011) $0.4052-week range $0.37 - $0.99Shares outstanding 82.6 millionMarket capitalization $33 millionFiscal year end Dec. 31 17
  19. 19. RCB’s Investment Summary• Capitalizing on Turkey’s metals potential• First mover advantage in key areas• 3 base metal projects under exploration• Development with strong potential• Opportunity for asset consolidation• Early cash flow• Lower-cost quartile producer• Potentially world-class assets 18
  20. 20. Appendix
  21. 21. Hakkari Zinc Project 20
  22. 22. Hakkari Zinc Project 21
  23. 23. Sivas Copper Project 22
  24. 24. Sivas Copper Project Porphyry (including Cu and polymetalic) deposits – from Yigit, 2009) 23
  25. 25. Capital Structure 10% 20% 15% Institutions Insiders Retail 55% Petmin Total shares outstanding: 91 million 24
  26. 26. GlossaryAg SilverCu CopperKt Thousand tonsMVT Mississippi Valley TypeMT Million tonsPb LeadVMS Volcanogenic massive sulfide oresZn Zinc 25
  27. 27. Questions +90 530 662 8964Alan Clegg +27 82 469 8378 aclegg@rcrholding.com.tr 416 815 0700 ext. 243Joe Racanelli jracanelli@equicomgroup.comWebsite www.redcrescentresources.com 26 26

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