Orford Mining - This Junior Explorer May Offer Value and Diversity For Investors

• Orford Mining is primarily a gold-focused exploration company but they also have a strong nickel project, which Wyloo Metals is currently investing in.
• The company has two main gold projects: the Qiqavik gold project and the Joutel project.
• Orford Mining underwent financing during the summer to address financial concerns. The company is currently well-financed for the year ahead. They benefit from support from Alamos Gold and additional funding from Wyloo Metals for the nickel project.
• The Qiqavik project is another expansive property, spanning 395 square kilometers. Recent drilling has revealed significant quartz-carbonate alteration and veining, hinting at potential gold deposits. This area is relatively unexplored, with Orford Mining being the primary company to research its potential.
• The Joutel project is situated in a prolific gold mining area and is close to infrastructure, making exploration more affordable. A small drilling program was conducted recently, revealing substantial mineralization close to the surface. Upcoming exploration efforts aim to further identify and expand this mineralization, with hopes of working towards establishing a resource.
• The West Raglan nickel project is a massive 713 square kilometer project situated 90 kilometers west of the Raglan nickel mine. In January 2021, an agreement was signed with Wyloo to invest in the project. Recent drilling efforts have shown positive results, with more results expected in the coming months.

About Orford Mining

Orford Mining (TSX-V: ORM) is a gold exploration company focused on highly prospective yet underexplored regions of Northern Quebec. Orford's principal assets are located in the Cape Smith Belt in Nunavik and in the Abitibi district's Joutel region.

The Qiqavik and West Raglan projects in the Cape Smith Belt comprise over 105,000 hectares with several new high-grade gold discoveries along a 40+ km mineralized trend. West Raglan also hosts high-grade nickel, copper and platinum group metal discoveries along a 50 km trend. In the Joutel region, Orford has acquired four properties totaling 26,815 hectares hosting historical deposits including Eagle/Telbel, Joutel Copper, and Poirier Copper. With assets in two prospective regions of Quebec, Orford is well-positioned to make new gold discoveries in North America.

With multiple early-stage projects and joint venture partnerships, Orford offers investors diversity and upside potential despite current challenging market conditions.

Interview with President & CEO, David Christie

Focused Portfolio Mitigates Risk

Orford has strategically assembled a portfolio of three flagship properties: the West Raglan nickel project in Nunavik, Quebec; the Qiqavik gold project in Nunavut; and the Joutel Eagle gold project in Abitibi, Quebec.

Having multiple assets reduces risk, as the company is not relying on a single project for success. The projects are at different stages, providing opportunities for near-term discoveries and value creation.

Well-Funded For Exploration

In a difficult market, Orford has the benefit of being well-financed thanks to a financing completed in the summer of 2022 at higher share prices. Major shareholder Osisko Gold Royalties (25% stake) provides stability.

The West Raglan earn-in agreement also generates cash flow, with project partner Wallbridge Mining covering exploration costs and paying Orford a 10% management fee. This provides funding for Orford’s other projects.

Projects

Orford recently completed significant exploration programs at both West Raglan and Qiqavik, with results pending. Positive results could provide share price catalysts in the coming months.

West Raglan Nickel Project

• 735 sq km land package prospective for nickel, copper, PGEs
• Located 90km west of Glencore’s Raglan Mine in Nunavik Region
• Partner Wallbridge Mining can earn up to 80% by completing a feasibility study and spending $25M
• 9-hole, 2,600m drill program completed in 2022 - assay results pending
• Further exploration and drilling expected in 2023

Qiqavik Gold Project

• 395 sq km land package in new gold district with no previous gold exploration
• Located in Nunavut
• 2022 drill program targeted high-grade boulder train (up to 648 g/t Au)
• Extensive alteration and quartz veining suggest proximity to the gold system
• Less than 30% of assay results received to date - potential for discoveries

Advancing Joutel Eagle Gold Project

The Joutel Eagle gold project in Abitibi provides low-cost exploration and faster potential value accretion due to its proximity to infrastructure.

• 260 sq km land package adjacent to historical Eagle Mine and other deposits
• 2022 drilling showed thick near-surface mineralization
• Geophysics and 2,000-4,000m drill program planned for winter 2023
• Opportunity to define an initial resource and expand known mineralization

Proven Management Executing Strategic Plan

Orford CEO David Christie has decades of experience leading mining companies through both bear and bull markets. The technical team is accomplished at making grassroots discoveries across a range of commodities.

Despite market volatility, Orford continues executing its strategic plan: testing high-potential projects for new discoveries while managing costs and risks. Access to capital also allows the company to act decisively on opportunities.

With funds in hand, an experienced team, and assays pending from two key projects, Orford offers investors diversity and discovery potential at a time when many juniors are stalled. For risk-tolerant investors, Orford may be positioned to deliver outsized returns once the markets turn around.

Key Takeaways for Investors

Early Mover Advantage in Overlooked Areas

Orford's Qiqavik and Joutel projects are located in areas with limited gold exploration historically. Being early movers gives Orford a first-mover advantage if significant discoveries are made. Major new gold districts could potentially be defined.

Takeout Potential

If Orford makes a major new discovery at one of its projects, it could become an attractive takeover target for a mid-tier or major mining company. This provides potential for buyout upside for investors down the road.

Strong Management & Board

CEO David Christie has decades of mining experience and leadership through market ups and downs. He's supported by accomplished geologists and advisors with track records of major discoveries. This enhances success prospects.

Tight Capital Structure

With around 40 million shares outstanding and half held by institutions/Osisko, the share structure is relatively tight. This provides leverage to exploration success and any new mineral resources defined. Upside moves in the share price could be significant.

Jurisdiction Advantages

Orford's projects are located in mining-friendly Canadian jurisdictions with established permitting processes. This reduces political risk compared to many mining districts globally.

By combining experienced management, promising geology, capital to explore, and strategic locations, Orford Mining checks many boxes that investors want to see in a speculative junior mining investment. The company offers torque to rising commodity prices and the potential to unlock substantial value through new discoveries.