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Sask Rocks 2009

Sask Rocks 2009. Red Rock Energy Inc. (TSX-V: RRK) May 9, 2009. Reader Advisory:.

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Sask Rocks 2009

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  1. Sask Rocks 2009 Red Rock Energy Inc. (TSX-V: RRK) May 9, 2009

  2. Reader Advisory: This presentation may contain forward-looking information including expectations of future production, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income taxes, regulatory changes, and other components of cash flow and earnings. Attendees are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the mining industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.Attendees are further cautioned that the preparation of financial statements in accordance with generally accepted accounting principles requires management to make certain judgements and estimates that affect the reported amounts of assets, liabilities, revenues and expenses. Estimating reserves is also critical to several accounting estimates and requires judgments and decisions based upon available geological, geophysical, engineering and economic data. These estimates may change, having either a negative or positive effect on net earnings as further information becomes available, and as the economic environment changes.

  3. Location map Uranium City, SK Athabasca Basin

  4. Land position at start of 2008 Lake Athabasca

  5. Cinch Lake workings Cinch Shaft Cinch Levels River Zone Drift Cinch Ore Zones Viewed from the South looking North-westerly

  6. Cinch & Cenex workings Cenex & River Zone workings Cinch workings Cenex workings Cenex ore zones River Zone Viewed from the South looking North-westerly

  7. Fusion & River Zones new Drilling Fusion Zone RRK drill holes Cenex & River Zone workings Cinch workings RRK drill indicated uraniferous zones Uraniferous zones (MOF-1 & MOF-2) Viewed from the South looking North-westerly

  8. Fusion Zone – Closer look RRK drill holes RRK drill holes Uraniferous zones (MOF-1 & MOF-2) Uraniferous zones (MOF-1 & MOF-2) Cross-section viewed from the Southwest looking North-easterly Viewed from the South looking North-westerly

  9. Cenex– Closer look RRK drill holes RRK drill holes RRK drill indicated uraniferous zones RRK drill indicated uraniferous zones Viewed from the Northwest looking South-easterly Viewed from the East looking Westerly

  10. Exploration program 2008- 2009 • Drilled total of 11,611.3 m in 42 holes from Feb. 4 to Nov. 26, 2008 - continuous, • 9,490.1 m in 33 DDH in Fusion Zone, NI 43-101 underway on results, expect completion June 09 • 2,121.2 m in 7 DDH to test the eastern and down-plunge extension of River U zone at the former Cenex mine • Fieldwork at the RB1, RB2 & RB3 claim blocks and field review of newly acquired ground • Continued compilation of data into GIS format

  11. Current Claim Status RB1 RB2 RB3 RB4

  12. Current Claim Status • RRK initially held 10,762 ha in four claim blocks (RB1 to RB4) • Acquisition - 100% interest in 39,594 ha • Option - 75% interest for U in another 25,539 ha • Total 75,895 ha

  13. Conclusion: • We are adding NI 43-101 compliant uranium resource to our historic Non 43-101 compliant resource of approx 2,000,000 lbs • Expect to release two new NI 43-101 reports on different targets in June 2009 • Expanded our prospective land base in the same camp 7.5 times • Cost of new u308 per pound based on internal estimates of new resource = $3.55/lbs

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