Washihi Copper-Gold Project Exploration Update slide image

Washihi Copper-Gold Project Exploration Update

Alara offers attractive base metal exposure Alaa resources Khnaiguiyah Zinc Copper Project (50%) • • Draft DFS report received. Review is in progress DFS completion expected in Q4 2012 80,000tpa zinc production targeted to commence into forecast strongly rising zinc prices Saudi Arabia offers significant investment and operational benefits Oman (+50-75%) • Initial JORC Resource¹ at Washihi Project: • • 6.9Mt Inferred @ 0.76% Cu and 0.16g/t Au • 2.1Mt Indicated @ 0.70% Cu and 0.17g/t Au Geophysics indicates open mineralisation +5,000m drilling completed, additional 2,000m drilling in progress • Scoping study completed for a 500,000tpa throughput mining and beneficiation operation at Washihi Alara has an experienced management team capable of bringing these projects into production. 1 Refer to ASX market announcement dated 15 October 2012: Initial JORC Resource - Washihi Project in Oman O Alara Resources Limited www.alararesources.com 3
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