Elcora Resources Forward-Looking Statement This presentation contains certain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Elcora Resources (“ERA”, or, the “Company”) expectations and projections. The TSX.V has neither approved nor disapproved the information contained in this presentation. Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements". Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in mining in a foreign jurisdiction and the inherent risks of mining itself; the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forwardlooking statements. Key Personnel Troy Grant, CEO, Director, BBA Economics began his career with Merrill Lynch as a Financial Advisor then VP Corporate Finance with Citadel Securities, within the junior resource capital market, IPO’s, M&As and capital raising in excess of $100 Million. Next assumed a position of Institutional European Sales with Grafton Securities. Theo van der Linde, CFO and Director, CA with 17 years’ finance, administration and public accounting experience in diverse industries including mining, financial services, manufacturing and retail. Greg Isenor, Director, is also President & CEO of Merrex Gold Inc., is a professional geologist, NI 43-101 ‘qualified person’ and businessman. Over 35 yrs. experience in the mineral and oil and gas industries and has worked worldwide. John Cumming, B.A., L.L.B., L.L.M. (London), Director, with 30 years experience is Executive VP, CFO., General Counsel and a Director of Merrex Gold and a Director of Frontline Gold Corp. Dr. Ian Flint, VP Processing and Refining, Ph.D. Mineral Process Eng., M.A.Sc Metallurgical Eng., B.A. Sc. Geological Eng., B.Sc. Biology. Dr Flint has 25 years experience in graphite metallurgy and processing with Bissett Creek, Victoria Graphite, Quinto, Crystal Graphite Corp., Integrated Carbonics, Worldwide Graphite and others. Dr. Flint began his career with Cominco in Metallurgy/Engineering and spent 10 years at Dalhousie University teaching/lecturing Mining Engineering as well as concentration on graphite and materials derived from graphite. Mission Statement • Vertically integrated carbon company from mining to added value in both graphite and graphene • Near term production from deposits that are amenable to high value graphite for graphene with a wide particle size distribution • Target multiple applications in partnership with industry leaders • Client specific mining and processing • Development of multiple mines to minimize risk Why Sri Lanka • • • • Long history of graphite Very high grade Highly ordered large flakes Likely the best graphene precursor graphite Graphite – Sri Lanka • Mined in antiquity • 1600’s • Peak early 1900’s Sri Lankan Mines (Generalization) • • • • • • Veins to about 1.5 m in true width Varying strike and vertical length Massive graphite Occur in swarms Competent hard host rock Silica content decreases with depth Ragedara • Full operational control and a 40% equity interest – – – – 20% mining, 30% processing management fee to Elcora Secured surface rights Exploration license covering 12 sq. km Mining and environmental licenses • Road access and 3hr drive from Colombo • 8 km distance from Kahatagaha Poised for Growth Ragedara Milestones 2014 (Q3) 2011 1990 to 2011 Sakura Graphite Private user leased surface 1986 to 1990 1974 to 1985 Elcora Private State-owned (18ktpa) Phase I Economics Scenarios 1,000 TPA (now) 2,500 TPA (Q2 14) 5,000 TPA (Q1 15) 10,000 TPA (Q2 15) Mining Cost (per t) $200 $200 $200 $200 Processing/Refining Cost (per t) $200 $200 $200 $200 Value Added Sales Price (Battery Market) (per t) $3 000 $3 000 $3 000 $3 000 Income (annualized) $2 600 000 $6 500 000 $13 000 000 $26 000 000 Ragedara Estimates Non 43-101 Compliant Technical Report Economic Veins Width (m) Avg. Length (m) Depth (m) Graphite Resource (t) 19 0.3 25 25 8,051 25 0.4 40 25 22,600 20 0.5 60 50 67,800 15 1 70 200 474,600 10 1.2 100 200 542,400 10 1.5 100 300 1,017,000 10 1.8 100 300 1,220,400 3,352,851 IAS Ragedara Base Case 271,200 Source: Sakura internal non 43-101 compliant technical report IAS Ragedara Base Case is an internal IAS estimate developed only for the IAS DCF model Defining Characteristics • Large sheets • Needles Elcora’s Graphene Strategy • • • • Graphene from current production Secure graphite supply Control of supply chain Partnership with end users Elcora Milestones Milestone Timeline Graphene Lab Scale Production 2014: Q4 Mill design for graphite pre-cursor 2015: Q1 Secure commercial graphene partner(s) 2015: Q2 Graphite Processing 2015: Q2 Commerical graphene production 2016: Q1 Applications • Energy Storage • Plastics • Carbon Manufacturing Energy • High expansion graphite for niche market batteries • Graphene for semi-conductors, solar cells and others • Graphene for field effect storage devices Tesla Model S Graphene - Plastics • Structural members • Transparent membranes • Papers Carbon Manufacturing “Ink” for additive manufacturing / 3D printers Share Structure Symbol TSX.V: ERA Current Share Price $0.18 per share Shares Issued 41.6 million Options and Warrant 16.5 million Fully Diluted 58.1 million 52 Week High/Low CDN $0.49 - $0.10 Elcora Resources Corporation Contact Information Troy Grant 902 802 8847 www.elcoraresources.com TSX.V: ERA