Investment Highlights

Transcription

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2 Disclaimer This presentation includes certain forward-looking information within the meaning of the Securities Act (British Columbia). All statements regarding anticipated exploration costs, projected starting dates for production and forecasted revenues are forward-looking statements that involve various risks and uncertainties. There can be no assurance that actual exploration costs will be in line with forecasted budgets, that the projects will commence production as anticipated or that the projects will produce the revenue forecasted. Important factors that could cause actual results to differ materially from these forward-looking statements include: exploration results that do not meet with the expectations of management, shortage of skilled labour, shortage of appropriate equipment and other factors disclosed under the heading Risk Factors and elsewhere in Roca Mines Inc. documents filed from time to time with the British Columbia Securities Commission and other regulatory authorities. Roca Mines Inc. management has provided project modeling by making assumptions about mining costs to make inferences relating to geological material available for mining calculations. These project models are for informational purposes only and cannot be relied upon.

3 MAX Molybdenum Mine

4 Investment Highlights MAX Molybdenum Mine, BC s newest metal producer High grades initially ~2% MoS 2, ~1% MoS 2 yrs 2-4 Low cash costs - ~US$5/lb, ~US$7-8/lb yrs 2-4 Phased expansion plans to increase mine life Significant upside potential via expansion / exploration Modest market capitalization compared to peers

5 Timeline to Production NOV-05 Mine Permit Awarded by BCMEMPR JAN-06 Mill / Concentrator Acquired MAY-06 Construction Commenced AUG-06 Offtake Agreement Signed OCT-07 Initial Startup Production Begins DEC-07 First Concentrate Sales

6 Portal and Office Area summer 05

7 Plantsite Ground Breaking May 06

8 Plantsite Area Summer 06

9 Arm waving

10 Vanstone Mill summer 06

11 Project Site Summer 06

12 Infill and exploration drilling

13 Mill Foundations Fall 06

14 Offices Fall 06

15 Tailings Dams Fall 06

16 Mill Building Spring 07

17 Crusher Wall

18 Plantsite Spring 07

19 Tailings Facility Spring 07

20 Project Area Fall 07

21 Plantsite Fall 07

22 Plantsite Fall 07

23 Tailings Facility Fall 07

24 Sub-Level Stoping Portal 1,350m Proposed Decline ramps and sub-levels Existing Adit and Cross cuts 25m Sub-level Interval Proposed Long-hole Stopes

25 Longhole Drilling Underground

26 Crusher Building

27 Primary Jaw and Cone Crushers

28 Mill and Concentrator

29 Proximity to Town

30 No.1 & No.2 Ball Mills

31 Flotation Concentrate

32 Filtering and Bagging

33 Bagged MoS 2 Ready to be Shipped

34 Production During Startup DEC-07 to April production ~410,000lbs Mo Gross value of Mo in concentrate ~ US$13.5m Startup challenges to date; Typical equipment/mechanical, winter operations, etc Inconsistent reagent quality, remedied by supplier Power supply and mechanical issues with new gensets Lower-grade development stockpile used during startup

35 Phase I Commercial Production +2,000 tpd Crushing Capacity +500 tpd Mill Capacity Direct Ore to Feed Grade 300,000 lbs Mo / month Cash Cost of Production US$5/lb 2008 (E) 100% Off-take

36 Phase II Production +2,000 tpd Crushing Capacity +1,000 tpd Mill Capacity (summer 2008) 5 million lbs Mo / year (Estimate) Cash Cost of Production +US$7/lb 2009 (E) Future Expansions

37 MAX Summary & Outlook Brand new producer with significant cash flow Phase II expansion well underway Pragmatic, classic way to build a mine Numerous other mine expansion phases possible Outstanding molybdenum exploration potential Untested tungsten exploration targets A true company-building project

38 Capitalization Summary TSX-Venture Ticker Share Price (28-MAR-08) Shares Outstanding Fully Diluted Shares Fully Diluted Market Cap Debt ROK C$ M M ~C$290 M None

39 Contact tel (604) web