Investor Presentaiton

33 Comet Project - Tenement Plan 7345000 m 365000 m 7385000 m 640000 m H EPC1976 YAMALA ENSHAM Comet 660000 m TOGARA NORTH SPRINGTON (SPRINGSURE CREEK) 10 km 640000 m GUILDFORD Guildford Coal Ltd Comet Project - COM ARCTURUS (SPRINGSURE CREEK) Tenement Plan TOGARA SOUTH Coal Inferred Areas Comet Project EPC Coal Resource Areas EPC Cities Drainage Roads Rail 660000m Drawn: BL Figure: 4.1 Revision: V1 Date: 24/05/2010 PALARIS MINING 7355000m Guildford Coal

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