#1Chinalco Yunnan Copper Resources Ltd L CHINALCO ASX : CYU MERCEDES The Elaine Copper Discovery A New Copper Discovery in Queensland 15th July 2011 Investor Presentation Goldsearch#2Cautionary Note and Competent Persons Statement Cautionary Note Whilst this document and presentation is based on information from sources which are considered reliable, Chinalco Yunnan Copper Resources Ltd ("Chinalco Yunnan"), its employees and consultants do not represent, warrant nor guarantee, by expression nor implication, that the information in this document and presentation is complete or accurate. To the maximum extent permitted by law, Chinalco Yunnan disclaims any responsibility to inform any recipient of this document and presentation of any matter that subsequently comes to its notice, which may affect any of the information contained in this document and presentation. The information in this report that relates to the Inferred Resource for the Elaine Project is based on information compiled by Jason Beckton, who is a Member of the Australain Institute of Geoscientists and is Managing Director of Chinalco Yunnan Copper Resources Ltd. Mr Beckton has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for\Reporting of Exploration Results and Mineral Resources". Mr Beckton consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Competent Persons Statement The information in this report that relates to Exploration Results for Mount Dorothy is based on information compiled by Richard Hatcher, who is a Member of the Australian Institute of Geologists, and is the Exploration Manager of Chinalco Yunnan Copper Resources Ltd. Mr Hatcher has sufficient experience relevant to the styles of mineralisation and type of deposits under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results and Mineral Resources". Mr Hatcher consents to the inclusion in the report of the matters based on his information in the form and context in which appears. CHINALCO 2#31 CHINALCO APEC Presence CYU is exploring projects for Copper REE in Australia, Chile and Laos. LAOS-CHINA AUSTRALIA Queensland CHILE Andean Cordillera 3#4CHINALCO Summary CYU - Daily Line Chart [Close] CYU - Simple MA [20, Close, 20, Close] Price A$0.26 ASX Code CYU Shares issued 156M Options 15.5M Market Cap A$40M Cash A$12M CYU - Volume 2011 February March April May الس ידיי.. 0.400 0.360 0.320 · 0.280 -0.240 ייי ייייייי 0.200 12000000 8000000 4000000 0 June July Chinalco Yunnan Copper Resources Ltd ("CYU") have a copper sulphide & associated metal focus in the APEC Region. • Top 20 shareholders hold 66% of CYU • Yunnan Copper Industry Group - 21.2% • Approx 1,000 shareholders#5Elaine - ASX Release 14th July - New Copper Discovery 346.9m @ 0.50% Cu equivalent* (0.28 % Cu and 220ppm Co) from 263m depth MKED007. 122.9m @ 0.87 % Cu equivalent* (0.56% Cu, 317ppm Co), MKED007 from 487m depth. Hole finished in copper sulphide mineralisation - open and increasing grade at depth. Elaine Copper Sulphide has unknown width. MKED008 to be reported. CYU (70%) Mary Kathleen JV with Goldsearch Limited (30%) *Copper equivalent calculation represents the total metal value for each metal, multiplied by the conversion factor, summed and expressed in equivalent copper percentage. These results are exploration results only and no allowance is made from recovery losses that may occur should mining eventually result. However it is the company's opinion that elements considered here have a reasonable potential to be recovered. Prices and conversion factors are summarized below; Copper Equivalent Formula = Cu % +Co (ppm) x 0.0008* Price Assumptions - Cu (US$1.60/lb), Co (US$16/lb) *Conversion Factor 0008 = (Co 16/Cu 1.60)/10000 in order to convert ppm Cobalt to % Cobalt. L CHINALCO 5#6Elaine - MKED007 - 346 metres 0.50% CuEq* - ASX 14th July Long. Projection L-L1, looking southeast L1 MKED 007 MKED 008 Banded feldspar-diopside calc-silicate garnet altered diopside-scapolite calc-silicate with zones of garnetite Carbonate veins hosting magnetite pyrite tchalcopyrite throughout Amphibolite -biotite schist Patchy biotite schist Coarse biotite schist Elevated LREES Elevated LREES Patchy sulphides Strong pyrrhotite pyrite >chalcopyrite 604.9m Reference Sulphides 00 100 Metres Feldspar-diopside calc-silicate Schist Garnet-scapolitite diopside calc-silicate CHINALCO 609.7m Sulphides open at depth Chinalco Yunnan Copper Resources Ltd Mary Kathleen Joint Venture QLD Elaine Dorothy REE Copper Deposit ED Projection L-L1 Geology & Mineralisation 30 June 2011 100m PL 400m 300m 200m 100m Om MKED007 MKED008#7L CHINALCO 7,699,200mN 7,699,400mN 7,699,600mN 7.699.800mN 7,700,000mN Cu 397,800mE 398,000mE 398,200mE 398,400mE 398,600ml Elaine - REE Copper Cobalt Uranium Blue Caeser Cu A-A' Cross Section MKED 008 Long. Projection L-L1 006 MKED 005 Cu Elaine No 1 ☑#8Cross Section A-A', looking northeast · Elaine - Copper REE Cobalt Uranium Discovery Blind sulphide zone with now two intercepts open at depth. Unknown width. •Corporate Target 100 to 500Mt @ 0.5 to 1.0% Copper ie Mt Dore or Mt Elliott of Ivanhoe. • Extensional drilling in late July. L CHINALCO A Calc-silicates Strong sulphide stockwork 122.9m @ 0.87 % Cu Eq 0.56% Cu, 317ppm from 487m depth. Banded feldspar-diopside calc-silicate Zone of weak veining sulphides MKED 007 A' RL 400m 300m 200m 346.9m @ 0.50% Cu Eq 0.28% Cu, 220ppm Co from 263m depth Strong sulphides 100m 40 Reference 60 100 Metres REES Sulphides Biotite schist Feldspar-diopside calc-silicate Schist Garnet-scapolitite-diopside calc-silicate 609.7m Hole ended in sulphides Sulphides open at depth Chinalco Yunnan Copper Resources Ltd Mary Kathleen Joint Venture QLD Elaine Dorothy REE Copper Deposit Cross Section A-A' Geology & Mineralisation 30 June 2011 Om 00m#93D Map Mt Dorothy Copper HREE Cobalt Discovery CHINALCO Drilling now - 3D inversion of conductive anomaly to be confirmed at depth now along-strike drilling to build dimension. Red zone depicts currently drilled Copper HREE Cobalt Zone#10Chile Porphyry - Copper Exploration • CYU Farming into Caramasa and Palmani Rio Tinto properties. Projects - Chile 75°W 70°W La Paz 65°W 60°W 55°W Peru Bolivia Pacific . • Humito 100% CYU Ocean owned. L •Mega Scale Greenfields Porphyry Copper Exploration CHINALCO Palmani Choquelimpie Caramasa Cerro Colorado Quebrada Blanca Collahuasi El Abra Chaquicamata San Cristobal Escondida Zaldivar El Penon EL Guanaco CHILE El Salvador Potrerillos El Hueso La Coipa Marte Lobo Refugio Farallon Negro Bajo de la Alumbrera Humitos Pascua Lama El Indio-El Tambo Andacollo Los Mantos De Punitaqui Santiago Los Pelambres EN Bronce Rio Blanco-Los Bronces El Teniente Argentina 500 Kilometres 20°S Brazil Paraguay Tropic of Capricorn Asuncion 25°S Buenos Aires Uraguay CYU Project Porphyry copper deposit Gold deposit 30°S 35°S 10#11CHILE Projects - Chile - Rio Tinto Northern Copper JV Palmani BRA Caramasa Humitos ARG Geology Ignimbrite cover Colluvium colluvium Alteration Intermediate argillic Propylitic High-grade polymetallic veins up to 3% Cu, 4.5% Pb, 6.7% Zn Palmani Valley looking north ignimbrite cover Target colluvium Conductivity | high inside valley wall#12L Projects - Chile RESIDUOS PELIGROSO 12 Drilling now planned for September on Rio Tinto JV#13Laos - Shallow Copper Silver Resources Average Grades of silver 120 ppm or four ounces, average copper 1%. Zambian Style sediment hosted Copper Silver deposits. . Target 100Mt @ 1% Projects - Laos copper and 120g/t silver • JORC Resource drillouts in 2011. 1 CHINALCO CHINA (Yunnan) Dahongshan Cu Mines LAOS Tenements Xinzhai Mohan Cu Mines Myanmar Nadao Modeng Juizhai Naypyidaw LAOS 500 Kilometres Thailand Vientianne Vietnam Hanoi Guangxi Bangkok Gulf of Thailand Cambodia I Phnom Penh In Ho Chi Minh City 13#14CHINALCO Projects - Laos 14#15Summary - Cornerstone Investor CYU has maintained a partnership with its largest shareholders, Chinalco Yunnan Copper Group Ltd for nearly four years. Chinalco 51% Relationship with Chinalco is a key feature in providing economically beneficial projects and a gateway into potential and future projects, evident in the recent Laos expansion. L CHINALCO Yunnan Copper Industry Group (YCI) 21.2% Chinalco Yunnan Copper Resources (ASX:CYU) 15#16CHINALCO Board of Directors/Management Mr Norman Zillman Mr Zhihua Yao Mr Jason Beckton Mr Zewen Yang Mr Richard Hatcher Mr James Cran Mr Matthew Price Non-Exec Co-Chairman (ex Queensland Gas, Great Artesian Oil and Gas, Queensland Government) - Brisbane. Non-Exec Co-Chairman (Deputy General Manager of YCI, over 28 years mining and exploration experience in China)- Kunming. Managing Director (ex Pancontinental, Gold Fields, Gympie Gold, Bolnisi Mexico NL, Exeter Resource Corp Chile) - Santiago. Executive Director (Yunnan Copper, Economics Executive) - Sydney. Exploration Manager (ex Bolnisi Queensland, Kings Minerals - Mexico) - Brisbane. Chief Geologist (ex Newmont, Gympie Gold and Eastern Mediterranean Resources - Cyprus and Slovakia) - Brisbane. Geologist, University of London, CYU geologist for two years in Australia and Chile. 16#17Thankyou - CYU:ASX SULLAIR