Investor Presentation – RIU Fremantle Explorers Conference

COMPANY PROFILE

Advancing projects around the world

• Platina controls a portfolio of precious, speciality and base metal projects at various stage of development
• Shareholder value is created by advancing projects through exploration, feasibility, permitting and towards development
• Project value to be realised through sale, joint venture or development

Munni Munni

Western Australia 30% owned

Gold, Platinum Group Metals

Skaergaard

Greenland 100% owned Gold, Platinum Group Metals

Blue Moon

California

Earning 70%

Zinc, Copper, Gold,

Silver

Owendale

New South Wales

100% owned

Scandium, Cobalt,

Nickel and Platinum

COMPANY PROFILE

Corporate overview

14 February 2020

52 week high 8.7c, low $1.8c

Shares on issueCash

Top 20 shareholders

46%

COMPANY PROFILE

2020 corporate objectives

Blue Moon

• Resource expansion drilling
• Metallurgical testwork
• Permitting

Platina Scandium Project

• Securing offtake contracts to underwrite project financing
• Complete optimisation programs

Skaergaard

• Identify an investment partner

Munni Munni

• Currently assessing options given the significant increase in the price of palladium

PROJECT SNAPSHOT

Blue Moon Project

USA

BLUE MOON PROJECT

Resource with significant expansion potential

• Historical drilling - 43,000m in ~113 holes
• High-grade,Volcanogenic Massive Sulphide deposit hosted in rhyolite
• High-gradezinc, copper, gold and silver
• Potential to expand the existing mineral resource

Main Vein

East Vein

West Vein

BLUE MOON PROJECT

Large, well-defined resource*

Foreign Inferred Mineral Resource @ 4% ZnEq Cut-off

Foreign Inferred Mineral Resource Contained Metal

*Please note that the Mineral Resource is defined in US short tons (2,000lb) and not metric tonnes.

• Cautionary Note - National Instrument 43-101 is a national instrument for the Standards of Disclosure for Mineral Projects within Canada. The Mineral Resources stated are foreign estimates and are not reported in accordance with JORC Code. A competent person has not done sufficient work to classify the foreign estimates as Mineral Resources in accordance with the JORC Code. It is uncertain that following evaluation and/or further exploration work that the foreign estimates will be able to be reported as Mineral Resources in accordance with the JORC Code. In order to verify the foreign estimate as a mineral resource in accordance with Appendix 5A of the Australian Securities Exchange Listing Rules, the Company intends to undertake a detailed audit of all the available data to verify the previous work and convert the foreign estimate to a JORC Mineral Resource compliant estimate. The Company notes that the Canadian NI43-101 Standards of Disclosure system is broadly comparable to the JORC Code of reporting, and whilst the reporting methodologies are different, the actual mineral resources themselves are unlikely to be significantly different. ASX Release,
  "Transformational Transaction to acquire high-grade zinc, copper and gold project", 9 August 2019" outlines compliance with
  Australian Securities Exchange Listing Rules Chapter 5.12.

BLUE MOON

PROJECT

Significant resource expansion potential highlighted from Platina drilling

800m gap to the south untested

Potential expansion zone - mineralised ore shoots plunging south

Immediate resource expansion zone - main ore horizons plunging deeper and to the surface

BMZ80 - three zones of mineralisation

19.58m at 8.41% Zn, 0.49% Cu, 1.65g/t Au & 82.7g/t Ag from 398m, including:

• 1.26m at 4.57% Zn, 0.37% Cu, 1.51% Pb, 6.71g/t Au & 513 g/t Ag from 398m
• 2.16m at 16.49% Zn, 0.89% Cu, 0.32% Pb, 0.7g/t Au & 35g/t Ag from 405m

6.15m at 3.60% Zn, 0.19% Cu, 1.97g/t Au & 78.60g/t Ag from 424m, including:

• 0.88m at 1.63% Zn, 0.1% Cu, 9.81 g/t Au & 312 g/t Ag from 424m

3.53 m at 4.27% Zn, 0.37% Cu, 4.83 g/t Au & 125.7g/t Ag from 448m, including:

• 0.85m at 7.75% Zn, 0.66% Cu, 4.25% Pb, 14.55g/t Au & 325g/t Ag from 448m

BMZ79 - two zones of mineralisation

7.47m at 25.55% Zn from 412m, including:

• 3.05m at 49.60% Zn from 414m
  10.96m at 3.11% Zn from 450m, including:
• 2.08m at 4.22 % Zn from 457m

BLUE MOON PROJECT

Recent drilling highlights gold and silver potential

• BMZ-78/79/80represents the highest grades ever drilled in the deposit
• High grade intersections of gold (up to 14.5g/t) and silver (up to 513g/t)
• BMZ-78/79/80confirms the presence of thick and steeply plunging massive sulphide mineralisation within the Main Zone

W

Zn (%)

Platina phase 1 drilling collar location

Historical drilling

BMZ78

BMZ80 BMZ79 E

BMZ80 - three zones of mineralisation

19.58m at 8.41% Zn, 0.49% Cu, 1.65g/t Au & 82.7g/t Agfrom 398m, including:

• 1.26m at 4.57% Zn, 0.37% Cu, 1.51% Pb, 6.71g/t Au & 513 g/t Agfrom 398m
• 2.16m at 16.49% Zn, 0.89% Cu, 0.32% Pb, 0.7g/t Au & 35g/t Ag from 405m

6.15m at 3.60% Zn, 0.19% Cu, 1.97g/t Au & 78.60g/t Ag from 424m, including:

• 0.88m at 1.63% Zn, 0.1% Cu, 9.81 g/t Au & 312 g/t Ag from 424m

3.53 m at 4.27% Zn, 0.37% Cu, 4.83 g/t Au & 125.7g/t Agfrom 448m, including:

• 0.85m at 7.75% Zn, 0.66% Cu, 4.25% Pb, 14.55g/t Au & 325g/t Agfrom 448m

BMZ79 - two zones of mineralisation

7.47m at 25.55% Zn from 412m, including:

Section looking north (50m envelope) Block Model from Blue Moon 43-101 2018

PLATINA RESOURCES ASX: PGM SLIDE / 9

BLUE MOON PROJECT

Located close to infrastructure

• Located 193 km east of San Francisco in Mariposa County
• 1 km from low-costhydro-electric power
• 150 km to Oakland export port via sealed roads
• Labour and contractors available locally and Reno
• Stable jurisdiction with low corporate taxes and no state royalties
• Strong County support for development
• No anticipated environmental issues

Reno

San Francisco

Realising full value

of other Platina

projects remains a

priority.

Our existing

assets still have

real value.

Skaergaard

Gold & PGM Project

Seeking Partner for Significant Deposit

Notes:

• Mineral Resources are not Mineral Reserves until they have demonstrated economic viability based on a Feasibility Study or Pre- feasibility Study;
• The contained Au represents estimated contained metal in the ground and has not been adjusted for metallurgical recovery;
• AuEq = Au + Pt + (Pdx0.4); where the gold price is US$1,400/oz and the platinum price is US$1,400/oz and the palladium price is US$560/oz;

• The metal equivalent calculation assumes 100% metallurgical recovery;
• Cut-offgrade = 1g/t AuEq;
• Minimum thickness = 1m; parts below 1m thickness have been diluted to 1m. 10% reduction globally applied, to reflect dyke intersections;
• Resource split is approximately 44:26:30% between reefs H0:H3:H5.
• See ASX release, 23 July 2013, "New Resource Estimate for Skaergaard Gold and PGM Project, East Greenland"

EXISTING ASSETS

Platina Scandium Project

Scandium market development and offtake program underway

Definitive Feasibility Study Results - December 2018

DISCLAIMER

CAUTIONARY AND FORWARD-LOOKING STATEMENTS

This presentation contains "forward-looking information" which may include, but is not limited to,

statements with respect to the future financial or operating performance of Platina Resources Limited ("Platina"), its subsidiaries and its projects, the future price of platinum group metals ("PGM's"), the estimation of mineral resources, operating and exploration expenditures, costs and timing of development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation, environmental risks, reclamation expenses, title disputes or claims and limitations of insurance coverage. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Platina and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of PGM's; possible variations of ore grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accident, labor disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although Platina has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this presentation and Platina disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Platina undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements

COMPETENT PERSON STATEMENT

The information in this report that relates to Blue Moon Exploration Results is based on information compiled by Dr Gustavo Delendatti, a member of the Australian Institute of Geoscientists. Dr Delendatti is an independent consultant, and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which it is undertaking to qualify as a Competent Person as defined in the JORC Code (2012 Edition) of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.‟ Dr Delendatti was responsible for the review of the exploration and drilling information, supervised the preparation of the technical information in this release and has relevant experience and competence of the subject matter. Dr Delendatti, as competent person for this announcement, has consented to the inclusion of the information in the form and context in which it appears herein.

The information in this presentation that relates to the Mineral Resources and Ore Reserves were last reported by the Company in compliance with the 2012 Edition of the JORC Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves in market releases dated as follows:

• Skaergaard Mineral Resource Estimate, 13 March 2013;
• Platina Scandium Project - Positive Definitive Feasibility Study, 13 December 2018;
• Platina Scandium Project Ore Reserve, 13 December 2018;
• Transformational Transaction - Joint Venture on a high-gradeZinc-Copper-Gold project, 29 August 2019;
• Drilling Intersects Significant Zinc Mineralisation, 24 January 2020; and
• High grade zinc, gold and silver at Blue Moon, 3 February 2020.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the market announcements referred above and further confirms that all material assumptions underpinning the production targets and all material assumptions and technical parameters underpinning the Ore Reserve and Mineral Resource statements contained in those market releases continue to apply and have not materially changed.

This presentation was authorised by Mr Corey Nolan, Managing Director of Platina Resources Limited.