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Investor Presentaiton

Reserves and Resources Statement JORC Resources & Reserves (31 Dec 2017) stated adjacent are on a 100% Tshipi basis Jupiter Mines Limited JORC Reserves (31 Dec 2017) Tonnes (Mt) Grade (% Mn) 48 36.3 ■Tshipi has completed an extensive drilling program throughout FY 2016 (and in FY17 & FY18) in order to: Proved Probable 39 36.4 Total 86 36.3 - declare significant new areas resource; of - Upgrade the size of the reserve to 86 million tonnes; and JORC Resources (31 Dec 2017) Tonnes (Mt) Grade (% Mn) ― upgrade 88 million resource to the measured category tonnes of Measured 103 34.1 Indicated 120 33.5 Inferred 237 32.5 Maturity of the inferred resource through exploration drilling is expected to increase the estimated reserve which should extend life of mine Total 460 33.1 Competent Persons Statement: The information contained in this Investor Presentation in relation to Mineral Resources or Ore Reserves was first presented in the Competent Persons Report within the Jupiter Mines Prospectus, released to ASX on 16 April 2018. The Report contains full estimates and the required statements and consents in accordance with JORC 2012 and ASX listing rules. Jupiter Mines confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement of 16 April 2018 and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the announcement continue to apply and have not materially changed. 24
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