Vulcan Minerals Inc. · TSXV:VUL

Vulcan Minerals — Investor Presentation (September 2011)

27 slides from Vulcan Minerals's investor presentation, Sep 25, 2011

1. Slide 1: Vulcan Minerals Inc. / Red Moon Potash Inc.

   VULCAN MINERALS INC. RED MOON POTASH INC. VULCAN MINERALS INC. RED MOON POTASH INC. September 25 2011 Patrick Laracy President

2. Slide 2: Disclaimer

   Disclaimer This presentation may include “forward looking statements”. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding exploration results, future plans, and objectives of Vulcan Minerals Inc. are forward looking statement

3. Slide 3: Directors/ Management

   Directors/ Management • Patrick Laracy LL.B. P.Geo - President • Dawn Bishop CGA. CFO • Rex Gibbons PhD P.Geo Director • William Koenig CGA Director • Phil Collins P.Geo Director

4. Slide 4: TSX Venture Exchange: VUL

   TSX Venture Exchange: VUL Shares outstanding: 57,000,000 Fully diluted: 63,000,000 Market Cap: $15 million Working Capital: $ 2.5 million Debt: nil

5. Slide 5: Vulcan Projects

   Vulcan Projects Hopedale Basin Parsons Pond BSG

6. Slide 6: Maritimes Basin

   VULCCN min¢ravs inc USA. New Brunswick > Sussex / 2 ue / oe yw? A Km 200.1 —— — Gulf of oe St. Lawrence ~ ~ @/ Newfoundland J Bay St. George” Magdalen 5 Piss — Islands at : Maritimes Basin Complex 7 Prince Edward Island wr @ Potash Occurrence Maritimes Basin Atlantic Ocean St. Peter 2006

7. Slide 7: Maritimes Basin Map

   VvuLtcan min¢ravs inc <= eDathousie Fe fo] REDERICION) @ hich Tt "Saint'ohn Lye = ae eJBathurst] @ HALIFAX -50 0 50 100 Kilometres © Channel-Port Aux Basqeus [EM carsonirerous GEOLOGY [] uno ceoLoey units VULCAN MINERALS MARITIMES BASIN MAP After Map 1860A NAD 83 - Zone 21 Scale 1:3,000,000 Figure:

8. Slide 8: Geology of Bay St. George

   350,000mE 360,000mE 370,000mE. 380,000mE 390,000mE 400,000mE PE costae PEI esos vere (ii cory sana Es» cover HE ts contonere 5 10 a a ee) Kilometres GEOLOGY OF CLAIM AREA VULCAN MINERALS REGIONAL GEOLOGY MAP NTS: 128 INAD 83 -Zone21 Scale 1:250,000 | Figure: 350,000mE 360,000mE 370,000mE. 380,000mE

9. Slide 9: Evaporite Stratigraphy

   a VULCAN mineracs inc Evaporite Stratigraphy Moncton Basin Evaporite Stratigraphy of the Maritimes Basin Visean Group | Formation Member | Mabou | Penobsquis | Lithology Red to grey conglomerate; red and green mudstone and sandstone Grey-green claystone | Grey to pale orange halite | Dark greyish-bl

10. Slide 10: Vulcan Mineral Licenses

    Vulcan Mineral Licenses Size of Sussex Potash Mine in New Brunswick

11. Slide 11: Deep Water Ports Available

    RED MOON aS vurcan ~~ Deep Water Ports Available © . ~~» BICKMERS» Va

12. Slide 12: Drill Rig

    wuLcan DRILL RIG WW

13. Slide 13: Hole Location Map

    vuLcan mineracs Inc 53 377,500mE_ 380,000mE 382,500mE 385,000mE 387,500mE_ =r a in) Z 8 = } : @Captain Cook #1 ae od , oFB-TH-8 cA a } g ; Flat Bay #5 2 tu @ Flat Bay #2 & Ce ae ARE $3-101 #1 # oo z " ‘OFB-TH-6 z pid i 4 OFB-TH-7 L y oJournois Brook Target f 2| | VULCAN MINERALS PROPOSED 3 CORE HOLE

14. Slide 14: Seismic Line 98-106 Flat Bay North (Captain Cook Region)

    Seismic Line 98-106 Flat Bay North (Captain Cook Region) CAPTAIN COOK # 1

15. Slide 15: Captain Cook #1 Potash-Salt Section

    VULCCN mineracs inc 28-197.5 CAPTAIN COOK # 1 - POTAST-SALT SECTION DESCRIPTIONS VWVULCCIN muingracs inc Red Itstone / sand stone T9T_5-201 Dark to light grey, coarse crystalline salt with common muddly laminations Fine grained, medium brown siltstone / shale with minor salt laminations AMPLES Dark

16. Slide 16: Captain Cook Assays

    Captain Cook Assays Thickness % Top (m) Base (m) (m) %KCl %K2O %MgO Insolubles 278.6 279.1 0.5 11.51 7.27 0.01 1.1 279.6 279.8 0.2 14.79 9.34 0.01 1.5 287.8 288.4 0.6 32.29 20.4 0.02 1.8 288.8 289.5 0.75 9.17 5.79 0.05 1 290.8 291.1 0.3 7.03 4.44 0.29 0.9 291.8 292.2 0.4 12.52 7.91 0.05 1.3 328.5 32

17. Slide 17: Captain Cook #1 Potash Core

    — varean Captain Cook # 1 - Potash Core WG Mmunerda> INC

18. Slide 18: Flat Bay #2 Gamma spike

    Onshore Bay St. George Flat Bay #2 Onshore Bay St. George PEF8 0 10 HTNP 0.45 -0.15 GR RHOZ PEF8 0 75 2000 3000 0 10 HTNP 200 0.45 -0.15 GR RHOZ 0 75 2000 3000 250 293.75 Gamma spike 300 300 potash 350 306.25 400 450 HS=1 PETRA 28/04/2011 10:09:04 AM PEF8 = Pe HTNP = High Resolution Neutron Porosity

19. Slide 19: Average K2O % Values at Sussex

    Average K2O % Values at Sussex Penobsquis Mine Sussex

20. Slide 20: Schematic Section of Sussex Potash Deposit

    Schematic Section of Sussex Potash Deposit Penobsquis Picadilly Mine Expansion

21. Slide 21: Salt Production and Uses

    Salt Production and Uses • Canadian Annual Salt Production is 13.5 million tonnes, the majority is used as rock salt • ~75% of Canada’s Rock Salt Production is from SW Ontario • ~20% is from Eastern Canada including; – 1.7 million tonnes comes from the Magdalen Islands, Quebec, – 1.2 million tonnes

22. Slide 22: Captain Cook #1

    Captain Cook #1 Depth

23. Slide 23: Exploration Budget from 43-101 Report

    Exploration Budget from 43-101 Report

24. Slide 24: Key Points from David Carter's 43-101

    Key Points from David Carter’s 43-101 • “The Captain Cook area of the Vulcan Minerals license block area has significant potential for evaporate exploration (rock salt and potash)” • It is recommended that an exploration program of 2 cored drill holes be undertaken in the Captain Cook Area • A 2 cor

25. Slide 25: Introducing Red Moon Potash

    Introducing W RED MOON POTASH wc. ©

26. Slide 26: Red Moon Potash – Spin Out

    Red Moon Potash – Spin Out • One share of Red Moon for 3.812 shares of Vulcan Minerals. • TSX-V listing and financing to be completed in next 60-90 days. • Red Moon capital structure – Pre-financing: – Vulcan Shareholders 15,000,000 – Vulcan Retains 5,500,000 – Shares Outstanding 20,500,000 – No War

27. Slide 27: Red Moon Potash Inc.

    So. RED MOON .- | POTASH inc,

Vulcan Minerals — Investor Presentation (September 2011) on 6ix