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Investor Presentaiton

. • • • • • INVESTMENT OPPORTUNITY Leveraged to exploration success Multiple projects, multiple discovery opportunities across gold and base metals in Western Australia Strategic holding in the Paterson region with next phase of exploration funded by Rio Tinto Low enterprise value – does not yet reflect value of new project pipeline Business review completed $2.25M sale of royalties to support exploration activity without diluting shareholders Systematic early stage testing of projects to cost effectively add value and bring to a decision point, with further work either internally funded or via JV's where appropriate Re-alignment of project portfolio has resulted in several tenements relinquished and new gold projects secured at Warralong (Pilbara) and Skeleton Rocks (Southern Cross). New opportunities constantly being reviewed 6
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