Slide 1: Dual Strategy for Low Cost Mine Development & Further High-Grade Gold Discovery
June 2014 For personal use only SWB Corridor Tr 13 2.6m @ 28.6 g/t Au South West Breccia surface sample 122.6 g/t Au Dual Strategy for Low Cost Mine Development & Further High-Grade Gold Discovery
Slide 2: Disclaimer and Forward Looking Statements and Qualified Person Statement
Disclaimer and Forward Looking Statements and Qualified Person Statement For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, publish
Slide 3: The Philippines: A Golden Opportunity
The Philippines: A Golden Opportunity For personal use only • Outstanding prospectivity Far SE Cu-Au • Good mining laws (Gold Fields) • Major low-cost mines Didipio Cu-Au (Oceana) Manila Batangas Philippines Red Mountain Masbate (B2Gold) 200koz pa Batangas Gold Project Sianna (Red 5) Co-O (Medusa),
Slide 4: Batangas Gold Project: Mineral Resources, Planned Lobo Gold Mine
Batangas Gold Project: Mineral Resources, Planned Lobo Gold Mine MAP KEY Manila, • Ideal location near key industrial centre at Batangas Tenements, MPSA’s black outline 120km • 270km² land package covers entire epithermal gold field Porphyry copper-gold prospects • Two key gold resource projects 8km
Slide 5: Batangas Gold Project Scoping Study Completed - DFS Underway
Batangas Gold Project Scoping Study Completed - DFS Underway Low cost, early payback potential For personal use only • Projected cash flow of ¹A$40 million in 4.5 years after A$17m capital • Scoping Study limited to existing, high-grade, at surface resources • Definitive Feasibility Study underway,
Slide 6: High-Grade South West Breccia Resource, at Surface
High-Grade South West Breccia Resource, at Surface LB 19 Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS N LB 16 For personal use only LB60 25m LB63 LB 06 LB07 LOBO Map Area LB58 LB108 LB109 MAP KEY LB62 LB 20 LB 10 LB 24 Quartz - barite – suphide breccia LB 11 LB 25 Fault LB87 ³Trench 19: ¹Trench 1
Slide 7: Lobo, Southwest Breccia Resource Cross Section
Lobo, Southwest Breccia Resource Cross Section SOUTHWEST BRECCIA CROSS SECTION 10175N BATANGAS Trench: 9.5m @ 13.5 g/t Au PROJECTS For personal use only 9,950E 10,000E 13.3m @8.30 g/t Au LB65-11 180m ASL 8.0m @ 8.82 g/t Au inc. 3.0m @ 15.4 g/t Au 11.90m LB62-11 7.75m @ 4.67 g/t Au 160 LB61-11 inc. 1
Slide 8: Archangel: Kay Tanda Resources and Planned Pits
Archangel: Kay Tanda Resources and Planned Pits 316000E 317000E Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS For personal use only 1508000N LOBO Map Area MAP KEY KTD199-12 2.2m @ 36.5 g/t Au Younger Volcanics Lithologic contact Mineralized volcanics Area of resource delineated Kay Tanda Resource
Slide 9: Archangel: Kay Tanda Resources Cross Section, with Planned Pit Outlines
Archangel: Kay Tanda Resources Cross Section, with Planned Pit Outlines For personal use only A • Resources at surface A’ • Low stripping ratio • Majority oxide-transition • Good metallurgy Kay Tanda West (Stage 1) Pit outline Pit outline 8
Slide 10: Lobo: Exploration Potential for High-Grade Discoveries
Lobo: Exploration Potential for High-Grade Discoveries BATANGAS • Five parallel trends, 15km strike, Manila, PROJECTS • Only 1km drilled e.g. South West Breccia 120km • Every target tested shows high grade gold For personal use only N • Repeat high-grade deposits under silica caps LOBO Map Area MAP
Slide 11: Lobo: South West Breccia Corridor Resource and Targets
Lobo: South West Breccia Corridor Resource and Targets 0South West Breccia 310,400E 310,200E 310,600E 4LB 92: 1.5m @ 8.07 g/t Au Indicated and Inferred Resource: 4LB 93: 3.95m @ 4.6 g/t Au 194,000t @ 7.2 g/t Au N Taysan Porphyry BATANGAS inc. 0.75m @ 15.8 g/t Au Planned Cu-Au Deposit PROJECTS For pe
Slide 12: Lobo: Signal High Grade Target, Results and Silica Cap
Lobo: Signal High Grade Target, Results and Silica Cap Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS 9 g/t Au For personal use only SW LOBO EPA 093 LOBO MPSA 176 Map Area 90.7 g/t Ag MAP KEY 4.5 g/t Au Possible epithermal Lode/vein 55 g/t Ag Limestone Silica cap 1.2 g/t Au 7.5 g/t Ag Old mine work
Slide 13: Red Mountain (RMX) Company Structure
Red Mountain (RMX) Company Structure For personal use only Red Mountain Mining Ltd ASX: RMX Listed Shares (June 2014) 686,884,244 Listed Options RMXO 1.5c 30/6/14 137,761,798 Listed Options RMXOA 3c 30/6/16 97,839,477 Share Price Unlisted Options 20c, 27m 30/6/14 42,728,125 Top 20 shareholders 29% S
Slide 14: Experienced Board and Executive Team
Experienced Board and Executive Team Track record of discovery and development For personal use only • Board of Directors Neil Warburton: Chairman – Mining Engineer, former CEO of Barminco, 35yrs experience Barminco became the largest underground contractor in Australia under Neil Jon Dugdale: Manag
Slide 15: Red Mountain Mining: Key milestones
Red Mountain Mining: Key milestones For personal use only 1. Definitive Feasibility Study anticipated by December 2014 on flagship Batangas Gold Project, based on low capital and operating cost, early payback from CIL processing of outcropping, high-grade, existing Mineral Resources (90% Indicated)