#1ASX Announcement ORO VERDE 11 October 2017 ORO VERDE INVESTOR PRESENTATION Oro Verde Limited (ASX: OVL) ("Oro Verde" or "the Company") is pleased to provide the Company's latest Investor Presentation, following yesterday's announcement of a capital raising via a Share Purchase Plan. Managing Director For enquiries contact: Mr Trevor Woolfe +61 411 127 837 Mr Brett Dickson +61 8 9481 2555 Company Secretary LESTED LIANS K STOCK ON EXCHA About Oro Verde Limited: Oro Verde Ltd is a mineral exploration company focused on identifying and developing significant gold projects in Central America, particularly Nicaragua. Oro Verde holds an Option to Purchase Agreement to acquire 100% of the Topacio Gold Project in Nicaragua that contains a NI43-101 compliant Inferred Mineral Resource of 340,000 ounces of gold. Oro Verde also holds 100% of the early stage San Isidro Gold Project, also in Nicaragua, located adjacent to the 2.3 million ounce La India gold project. Oro Verde Limited (ASX code: OVL) Level 1, 34 Colin St, West Perth, WA 6005 Phone: +61 8 9481 2555 Fax: +61 8 9485 1290 Email: [email protected]#2El Limon *ORO VERDE HONDURAS La india SAN ISIDRO Bonanza NICARAGUA Managua La Libertad TOPACIO COSTA RICA ORO VERDE LTD Nicaragua - A golden past and future ASX: OVL INVESTOR UPDATE OCTOBER 2017 TREVOR WOOLFE (Managing Director)#3DISCLAIMER * ORO VERDE - • Forward Looking Statements This report contains forecasts, projections and forward looking information. Such forecasts, projections and information are not a guarantee of future performance and involve unknown risks and uncertainties, many of which are out of Oro Verde's control. Actual results and developments will almost certainly differ materially from those expressed or implied. Oro Verde has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. To the maximum extent permitted by applicable laws, Oro Verde makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for (1) the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, any information, statement or opinion contained in this report and (2) without prejudice to the generality of the foregoing, the achievement or accuracy of any forecasts, projections or other forward looking information contained or referred to in this report. • Disclaimer - This presentation has been prepared by Oro Verde Limited ("OVL" or the "Company"). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation. Throughout this presentation all figures are quoted in A$ dollars unless otherwise stated. You should not act in reliance on this presentation material. This overview of the Company does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of Oro Verde's prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision. 1. The information in this document that relates to Foreign Mineral Resource Estimates is extracted from the report entitled "High Grade Gold Project Acquired" created on 11 November 2014 and available to view on www.asx.com. The Company confirms that it is not in possession of any new information or data relating to the foreign estimates that materially impacts on the reliability of the estimates or the Company's ability to verify them as mineral resources in accordance with the JORC Code. The information included in the original market announcement continues to apply and has not materially changed. This is a foreign estimate and is not reported in accordance with the JORC Code. A Competent Person has not done sufficient work to classify the estimate as mineral resource in accordance with the JORC Code. It is uncertain that following evaluation and further exploration work that the estimates will be able to be reported as mineral resources in accordance with the JORC Code. 2. The information in this document that relates to Exploration Results is extracted from ASX reports as referred to on each relevant page of the presentation; all completed under Mr Trevor Woolfe as Competent Person and available to view on www.asx.com. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements. 2#4CORPORATE SNAPSHOT Oro Verde Ltd - Capital Structure (as at 10 October 2017) DIRECTORS Wolf Martinick - Chairman ASX Code: OVL Issued Shares: 700 million Options: 73M @ $0.05 (Sep '19) Market Cap (undiluted): $6 million (at 0.8c) T OVL 12 month price graph 0.03 * ORO VERDE (Non Exec) ○ ○ Trevor Woolfe Brett Dickson - Managing Director Brad Farrell Tony Rovira - Finance Director - Director - Director (Non Exec) (Non Exec) HIGH QUALITY IN COUNTRY TEAM - including: O David Turner: Country Manager - geologist with >20 years Central American experience Jacques Levy: Legal Representative- local businessman Major Shareholders 0.02 SPP announced 0.02 Wolf Martinick (Director) 7.4% 0.02 Brad Farrell (Director) 6.7% 0.02 Tony Rovira (Director) 4.2% 0.01 0.01 Merrill Lynch Aust Nominees 4.0% 0.01 Trevor Woolfe (Director) 4.0% 0.01 Top 20 42.8% 20M Volume Directors 24.2% OM Dec '16 Feb '17 Apr '17 Jun '17 Aug '17 Oct '17 3#5GOLD PROJECTS IN NICARAGUA * ORO VERDE 1. Topacio Gold Project 2. 3. • Historical 340,000 oz high grade gold resource¹ 9,300 Ha, under explored concession Trench & drill program currently underway San Isidro Gold Project Early stage gold project Follow up soil sampling recently completed Adjacent to 2.3 Moz La India Au project New Projects Quality gold-silver-copper projects are currently under review in the region HONDURAS La India El Limon Managua SAN ISIDRO Bonanza NICARAGUA 父 La Libertad TOPACIO COSTA RICA#6NICARAGUA SNAPSHOT LOCATION: CAPITAL: ACCESS: LANGUAGES: Central America - between Honduras & Costa Rica Managua Direct flights from 4 US ports Spanish, English & Indigenous STABLE CURRENCY: 5% pa devaluation vs USD MINING ROYALTY: SINGLE TITLE TYPE: GOVERNMENT: SAFETY: 3% Mining concession - Valid for 25 years with 25 year extension Democratically elected, latest election Nov 2016 One of safest countries in Latin America Data provided by ProNicaragua HONDURAS * ORO VERDE Aus Bonanza La Rosta Las Manos Ma depove Skana Ocotal Somoto El Espine T Guassa Somato Estel Jinotegi E Chinandega s Volcan San Cestobet Volcan tion. Cero Nedo NORTH PACIFIC OCEAN Puerto Sandino Sanbag Jinotepe Matagalpa Tipitap Managua Granada Banco NICARAGUA Caros Puerto Cabras Caribbean See 10am Blucidum o Nicaragua Travel Advice Exse a nigh degree of tematonal boundary Admin boundary lapte Adminstrative cente O point of est Border Crossing Punta Gorda R San Juan del Su San Carlos To The Department of fog carefied hudas Govenien poker For he COSTA RICA San Juan del Mome D 40 80 Km 50 Miles Apa 220 and Tradeep off grace menu and found vice vistamas ergov au Pride do the Cord Austraks under Create Cosmos bonus once REPUBLICA AMER DE NICAR ST#7WHY EXPLORE IN CENTRAL AMERICA? * ORO VERDE NET WT 1000 g • . Central America has an excellent gold, silver and copper production record Overall Central American mineral production: NET W 1000 Gold 34 million ounces Silver 276 million ounces Copper 15 million tonnes Nicaragua has a strong gold mining history ->14Moz produced to date Four multi-million oz gold mining districts FIHE NE NET WT 1000 g 1234567 FINE GO ITAEK ITAEK SILV identified to date in Nicaragua • Remains significantly under-explored 6#8MAJOR GOLD CENTRES OF NICARAGUA -hosts multi-million ounce deposits * ORO VERDE 14° 88° Honduras Tegucigalpa La India: 2.9 Moz Condor Gold plc 2.3 Moz resource Positive PFS (Dec '14) Potosi moto, 86° San Isidro Esteli La India Matagalpa El Limon El Limon: 3.5 Moz B2Gold 45,000 oz pa US$781/ oz (2016) 88° 0 Data from Company Reports N Kilometres Capital City Regional Towns Road Mining Centre Managua Jinotepe 100 Masaya Bonanza La Rosita Siuna 840 Golden Triangle: 8 Moz Bonanza Gold Mine Mineros/HEMCO 85,000 oz Au eq pa US$800/ oz (estimate) La Libertad: 1.8 Moz B2Gold 132,000 oz pa US$659/ oz (2016f Boaco La Libertad Juigalpa Prinzapolka Granada Topacio Rivas 86° San Costa Rica Bluefields TOPACIO GOLD PROJECT Oro Verde (Option to acquire 100%) 340,000 oz Au resource Targeting >1 Moz Au 84° 12° 7#9TOPACIO GOLD PROJECT - OVL holds option to acquire 100% * ORO VERDE • 2.7 million tonnes at 3.9g/t Au (340,000 oz Au) - Inferred Mineral Resource (NI 43-101) 1 This is a foreign estimate and is not reported in accordance with the JORC Code. A Competent Person has not done sufficient work to classify the estimate as mineral resource in accordance with the JORC Code. It is uncertain that following evaluation and further exploration work that the estimates will be able to be reported as mineral resources in accordance with the JORC Code • Option to Purchase Agreement commenced in February 2015 2 years 7 months into the 3 year Option Agreement . Very attractive option conditions for a 340,000oz resource with excellent upside: . US$2m spend over 3 years • 6 x US$40,000 payments each 6 months to Vendor [exceeded] [completed] • US$1.5m to acquire 100% . Plus either i) 2% royalty, or ii) US$1/oz Au (in measured and indicated resources) 00 8#10TOPACIO GOLD PROJECT * - Exploration activities to date ORO VERDE • • • Rock chip sampling and reconnaissance of artisanal and historical workings =>> Generation of new high grade gold targets around the Topacio Resource Area Detailed geological and vein texture mapping Soil sampling and multi-element geochemistry across entire concession, with local infill Airborne geophysics (magnetics and radiometrics across the concession Diamond drilling of priority targets at Rebeca Vein Trenching and drilling of high grade targets to expand resource at Topacio In collaboration with Newcrest#111335000mN TOPACIO GOLD PROJECT - 93km² concession with various epithermal targets 1340000mN 1342500mN 777500mE LEGEND ANDESTIC DO ANDESITIC WALLEL FLOW BASALT A еме LASH BULAN EVENT Concession QUARTZ VEENS Topacio resource 340,000oz Au 1337500N 780000mE 7x2500mE ВАСТРОНРитит ANDENTIC PORS GRABEN FELL GEDIENTS CRAS ANDRITIC VOLCANIC FL WEST TOPACIO SILICA CAP INVESTIGATE CONCEALED LS / IS EPITHERMAL POTENTIAL CO. LOS AHOGADOS. LA PLAZUELA INVESTIGATE HIGH SULPHIDATION & PORPHYRY POTENTIAL 777500mE VEIN ASSESSMENT - TRENCHING ON 50m TO DEFINE VEIN WIDTHS & ASSESS MARGINAL STOCKWORK POTENTIAL EL TOPACIO RESOURC AREA VEIN PROSPECTING TION 780000mE FAULTS OBSERVED AND INFERRED CIRCULAR FEATURES VEINED STRCUTURES-OBSERVED & VERIFIED VEINED STRUCTURES NON VERIFIED 782500mE 785000mE LA JULIA MONTE CARMELO EL DELIRIO VEIN PROSPECTING CO. EL MONO EL SAHINO CO. EL SAHINO INVESTIGATE CONCEALED LOW SULPHIDATION EPITHERMAL POTENTIAL 2,000m CO. EL TIGRE 787500mE * ORO VERDE INVESTIGATE LOW SULPHIDATION EPITHERMAL POTENTIAL - SOIL SAMPLING BUENA VISTA NO DATA STREAM SEDIMENT SAMPLING / PANNING, RIDGE & SPUR SOIL SAMPLING WHERE ROCK ALTERATION NOTED CO, EL DIABLO Minera San Cristobal, S.A. TOPACIO PROJECT GEOLOGICAL SKETCH MAP EXPLORATION TARGET SUM MARY 785000mE 787500mE 1335000mN 1337500mN 1340000mN 1342500mN NAD27 10#12EXTENSIVE GEOCHEMISTRY TARGETS * ORO VERDE Soil Geochemistry - Gold + Arsenic + Antimony + Tungsten Characteristic of the upper levels of a buried low sulphidation epithermal gold system Refer to ASX announcement dated 7 December 2016 "Drilling of Rebeca Zone Planned - Gold Potential Enhanced by Infill Soils Results" 1,340,000 mN 1,338,000 mN 1,336,000 ml Topacio Resource Area 1,334,000 mN 110,100 Rebeca-Sahino Zone - Infill soil grid 790,000 ME Oro Verde Limited So Samplings 100 5000 Topacio Project Soil Sampling Au (ppb) Draped on DTM by As ppm Sb ppm W ppm ཎྜ་ ཕ་ཐཱ་རྐ་སྲ 11#13TOPACIO - RESOURCE EXTENSIONS * - New targets defined by OVL ORO VERDE • 35km of mapped veins but only 4km included in current resource • Rock chip sampling (2015) outlined numerous high grade gold mineralised targets 0000 PE ODORED Best OVL surface sampling results 2015 778000 779000 700000 781000 782000 703000 784000 705000 706000 787000 788000 *Chicago 23.8 g/t Au and 41 g/t Ag Dispute 92.9 g/t Au and Dos Amigos *West Mico *Celedonio Topacio Topacio NE *Su Majestad * *Buena Vista * Rebeca 38.5 g/t Au and 23.9 g/t Au and 12.5 g/t Au and 12.3 g/t Au and 52.4 g/t Au and 14.1 g/t Au and 3.35 g/t Au and 2.54 g/t Au and *Gallina 6.49 g/t Au and 1 g/t Ag 220 g/t Ag 39 g/t Ag 26 g/t Ag 65 g/t Ag 101 g/t Ag 158 g/t Ag 58 g/t Ag 50 g/t Ag 14 g/t Ag West Wico Celadonia N Buena Vista ☆ La Gallina Celedonio Nort Carna Buena Vista Antonio Diaz Tonaca La Gain Chicago Lone Star May Flowof Sevillana Topacio Topacio NE Polvosa 2 Su Majestad Topacio Las Geme de Ore Mauric Autres La Painte Cristina Isabella Муга • = New Targets Dispute Mico West Mico NW Canada Matoo Rebeca José Hemandez Anthon Eliezer Phase 1 Rebeca Drilling .ORO VERDE Legend LIMITED New Target Area Resource Area Resource Veins Veins Silica Cap Rhyo/dacite tuffs Tenement Boundary Andesite Basalt Honduras Topacio resource area • Buena Vista stockwork target 6km from Topacio Refer to ASX announcement dated 9 November 2015 "Expanded Gold Resource Potential at Topacio" TITLE: Topacio Gold Project Nicaragua Costa Rica SCALE BAR: DATUM: NAD 27 Central COORDINATE SYSTEM: UTM Zone 16 North 0 500 1,000 2.000 Metres 13230000 1337000 12#14TOPACIO - DRILLING PROGRAMS PHASE 1 DRILL PROGRAM (Mar '17) Rebeca Vein 7 Diamond drill holes Funded by Newcrest Total 1,767m = Refer to ASX release dated 14 August 2017 "Drilling Hits Bonanza Gold Zone at Mico West" * ORO VERDE PHASE 2 DRILL PROGRAM (Jun '17) Extensions to Topacio resource Surface trenches exposed veins 6 Diamond drill holes Total = 402m 778000 N 780000 782000 784000 786000 Phase 2 Topacio Drilling Mico ve Mico East Ext. Based on mapping by Simon Meldrum Topacio Resource Area opaciu in azil vein Topacio in Rebecca vein Phase 1 Rebeca Drilling 0 0.5 1 Kilometers UTM Zone 16 North, NAD27 1340000 13#15TOPACIO - DRILLING RESULTS Bonanza gold grades received from trenches and drill holes at Topacio * ORO VERDE LOCATION TRENCH or DRILL SAMPLE TYPE HOLE NAME INTERVAL LENGTH GOLD GRADES DOWNHOLE DEPTH Mico West OPMW1701 Trench 7.50 m 5.39 g/t Au At surface including 2.05 m 17.06 g/t Au At surface TMW1702 Trench 6.20 m 5.16 g/t Au At surface including 2.70 m 10.44 g/t Au At surface MTD-17-012 Drill hole 2.85 m 15.59 g/t Au From 21.25m including 1.23 m 32.30 g/t Au From 22.87m Rebeca MTD-17-005 Drill hole 3.40 m 3.07 g/t Au From 5.45m including 1.50 m 5.16 g/t Au From 5.45m Dispute RCD1701 MTD-17-010 Trench 1.10 m 53.10 g/t Au At surface Drill hole 9.25 m 2.21 g/t Au From 32.30m including 1.52 m 7.43 g/t Au From 36.60m Dos Amigos MTD-17-011 Drill hole 1.00 m 1.87 g/t Au From 42.50m Su Majestad MTD-17-008 Drill hole 3.00 m 1.84 g/t Au From 53.15m Topacio East MTD-17-009 Drill hole 1.55 m 1.28 g/t Au From 32.10m All results previously reported to ASX on 21 June, 20 July, 1 August and 14 August 2017. 14#16TOPACIO - NEW EXPLORATION PROGRAM *ORO VERDE FOCUS ON EXPANSION OF GOLD RESOURCE Program between October 2017 and January 2018 to include: Initial surface trenching, mapping and sampling Diamond drilling of best gold targets High grade gold targets include Mico West, Dispute, Mico East and Dos Amigos Refer to ASX release dated 28 September 2017 "Trenching of High Grade Gold Veins has Commenced" 778000 N Resource Expansion Area 780000 Mico vein Mico East Ext. Topacio vein Prazil vein Topacio vein Topacio Resource Area 0.5 1 782000 Rebecco vein 784000 Based on mapping by Simon Meldrum 786000 Kilometers UTM Zone 16 North, NAD27 1336000 1338000 1340000 1342000 15#17EXCELLENT ACCESS & GROUND POSITION ORO * VERDE -1345000mN TARAS New GALEANO Application (100% OVL) Galeano Application Cara de Mono -1340000mN Presillitas Topacio Muelle de Other Vac ARCA los Bueyes 13 mN National sealed highway and local OVL exploration office Other 0 770000mE 775000mE 780000mE 785000mE New IGUANAS Application (100% OVL) Iguanas Application Honduras SAN ISIDRO Nicaragua 5km Managua TOPACIO 790000mE Costa Rica New TIGRE Application (100% OVL) o Topacio 93km² in cattle farmlands 。 Sealed highway runs just to the north o New tenement applications ○ Expand land position by up to 240% Potential increase from 93km² to 316km² Control the Topacio district 16#18ORO VERDE LIMITED (ASX: OVL) - An investment in gold discovery Topacio - a 340,000oz gold resource with significant upside * ORO VERDE Expected news flow: A large, under-explored epithermal gold system 1. Topacio trenching results 2. - Objective multi-million ounce gold deposits 3. Trenching of high grade veins has commenced 4. Drilling to re-commence November Commencement of drill campaign Topacio Resource Area drill results to follow - Addition of new project/s Nicaragua is a stable and safe jurisdiction to operate Reviewing advanced projects in the region to enhance the portfolio 17#19ORO VERDE LIMITED (ASX: OVL) Follow OVL at: Website: Email: Twitter: www.oroverde.com.au [email protected] @MDOroVerde * Sign up to our mailing list via the website ORO VERDE