Investor Presentation March 2013

Disclaimer

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This presentation is not financial product or investment advice. It does not take into account the investment objectives, financial situation and particular

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This presentation may contain forward-looking statements that are subject to risk factors associated with exploring for, developing, mining, processing and

sale of coal. Forward-looking statements include those containing such words as "anticipate", "estimates", "forecasts", "should", "could", "may", "intends",

"will", "expects", "plans" or similar expressions. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company. It is believed that the expectations

reflected in these statements are reasonable but they may be affected by a range of variables and changes in underlying assumptions which could

cause actual results or trends to differ materially. The Company does not make any representation or warranty as to the accuracy of such statements or assumptions.

This presentation has been prepared by the Company based on information available to it as at January 31, 2013 and has not been independently verified. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions

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presentation or its contents or otherwise arising in connection with it, including without limitation, any liability arising from fault or negligence on the part of

the Company or its subsidiaries or affiliates or the directors, employees, agents, representatives or advisers of any such party.

The Company estimates its reserves and resources in accordance with the Australasian Code for Reporting of Identified Mineral Resources and Ore

Reserves 2012 Edition (JORC Code).

Ouro Mining Inc

Ouro Mining is an unlisted public company developing its 100% owned

Heavener hard coking coal project in the Arkansas Coal Basin of the USA.

The company is currently owned by:

Founder Shareholders 50%

Taurus Resources Fund 2 10%

Other Shareholders 40%

The Heavener Project is expected to produce 1.7Mtpa of product coal:

Low to mid vol hard coking coal

Mine life of at least 20 years

Underground longwall/continuous miner operation

The mine will benefit from:

Extensive existing infrastructure availability

Attractive operating costs

Low capital requirements

High quality product for the export market

Section 1

Heavener Project

Locality

The Heavener project straddles the border of Oklahoma and Arkansas

Coal occurs in the Lower Hartshorne Seam

Two 43-101 Reports already completed in 2008 and 2011

Resource of 201Mt (JORC)*

Reserve of 96 Mt (JORC) within Life of Mine Plan*

Over 300 drillholes on the tenements (29,000 metres)

Seam thickness varies from 1.3m to 5.0m, averaging 2.5m.

Seam dips 8⁰ to 16⁰ to the NNW

Little evidence of faulting in 18 km of strike length

Gas increases with depth. Will require degassing

DFS completed February 2013 (Weir International)

* Includes controlled and uncontrolled tenements as defined in WEIR Feasibility Report (2013)

Heavener Project - Summary

Resource Status

34 diamond drillholes

Geotechnical Work and Mine Design

Degassing Studies

JORC Reserve Statement

Coal washability and washplant design

2D Seismic Survey above planned mining

areas completed.

Heavener Project – 2012 Field Work Completed

Heavener Conceptual Mine Layout

Project Details

Heavener Project - Summary

Mining Method: Continuous Miner plus Longwall

Planned production rate - 1.7Mtpa of washed product coal

Estimated Costs:

Capital - US$199m

Operating Cost Ex Mine - US$80/t product

FOB Cost - US$107/t product

Heavener Project - Summary

Tenement Status

Eight coal leases totalling 3130 hectares held by Ouro Mining, Inc.

Filing Number: 1912291074

Incorporated in the State of Oklahoma, USA

Applications filed for an additional 2210 hectares adjoining above tenements

Fully permitted open cut title due to recent opencut mining by previous

owners

Permitting for underground development currently underway

The region has a good skilled workforce available

Total local and government support for project development

Excellent infrastructure and access to rail and port

Washed Coal

• Float @ 1.4 Specific Gravity (%)

• Ash (%)

• Volatile Matter (%)

• Fixed Carbon (%)

• Sulfur (%)

• kcal/kg (dry basis)

• FSI @ 1.5 S.G.

• HGI

• Coke button

Coal Quality Low to Mid-Vol Hard Coking Coal

68.6 - 86.0

6.2 – 6.9

22.8 –23.8

69.4 – 70.7

0.81 – 1.04

8,036 – 8,105

9.0

100+

8.5 to 9

Transport Infrastructure

Transport Infrastructure

Section 2

Management

Key Management Team Members

Management Team

Mr Paul Ingram (MAus IMM) -- Executive Director and CEO

Mr Edward Pitrolo (BSEM, Certified Mine Manager) – Executive Director

Mr John Fisher-Stamp (FCA, FTIA, GAICD, MIMC) – Executive Director

Mr Harry Mustard BSc (Hons) MAIG – Exploration Manager

Mr Stephen Morgan– Operations Manager

Ms Sarah Jordan – Company Secretary

Technical Advisors

Technical Advisors

Definitive Feasibility Study & JORC

Resource Work Weir International, Inc John W Sabo - Executive Vice President and Managing Director

Mining and Engineering LD Operations Pty Ltd – Mining and Design Services Peter Ross - Managing Director

Tenement Management and

Environmental Emera Corp - Oklahoma Mr Saeed Zahrai - Principal

Gas and Drainage Management GeoMet Inc – Texas Mr Scott Meyers – Senior Consultant

Boxcut Design TEE Engineering – West Virginia Mr Tim Blackburn - Principal

Metallurgical & Coal Quality A & B Mylec Pty Ltd - Queensland Mr Andy Meyers - Principal

Geological and Data Verification Hanna Consulting Services - NSW Mr Pat Hanna – Principal

– FAusIMM, CP, MMICA, MAICD, MAGMM

Professional Advisors

Advisors

Auditor and Corporate Taxation Tulsa, United States Ernst & Young

Legal and Transfer Agent Australia, Hong Kong & United States

Ashurst New York, United States

Sichenzia Ross Friedman Ference LLP

Section 3

Offer Overview &

Share Capital Structure

Private Placement Pre IPO Funding

Target Capital Raising Investors – Pre IPO Round

Offer Price Regulation S Shares of Common Stock

Shares of Common Stock on issue prior to this Offer Common Stock Share Options Granted

Number of Regulation S Shares of Common

Stock to be offered under this Offer to be completed by

30 April 2013.

Total Shares of Common Stock and Regulation S Shares of

Common Stock after Issue pursuant to the Offer:

Shares of Common Stock and Reg. S undiluted

Shares of Common Stock and Reg. S fully diluted

Offer Price for all Shares fully diluted

Equity Value fully diluted

Exercise Price of Common Stock Options outstanding1

US$15,000,000 US$0.60 277,777,777

119,990,503

25,000,000

302,777,777

422,768,280

US$0.60

US$ 255,000,000

US$0.235

1= Options terms - Taurus Option 64,280,627 at any time up to an including IPO for US$15m and Texcord Option 55,709,876 at any time up to September 20, 2016 for US$13m

Ouro Current Share Structure

Shareholders Interests:

Ewan Developments Ltd

Songqiang Chen

Taurus Resources Fund 2

Other Shareholders

Total Outstanding Common Stock and

Reg. S Common Stock

Common Stock Options Granted

Total Outstanding Common Stock and Reg.S

Common Stock on a Fully Diluted Basis

Shares %

99,247,458

99,247,458

38,444,444

40,838,417

Issued Shares

277,777,777

Options

119,990,503

Issued Shares & Options

397,768,280

24.95%

10.26%

30.17%

9.67%

100.00%

24.95%

Ouro is seeking Pre IPO Capital of US$15m to continue the underground mine

approvals process and commence earthworks.

Ouro is scheduled to continue mine development works in Q3-Q4 CY 2013

which will require an additional round of Pre IPO funding of US$25m scheduled

for completion by 31August 2013 .

Ouro directors will review Debt to Equity Structure for IPO and funding options

in Q4 2013, to commence underground and surface infrastructure works and

equipment acquisition est. US$150m.

Ouro Pre IPO US$15m Use of Funds

Pre IPO US$15m funds will be applied to the following works activities:

Mine approvals, permitting & environmental compliance

Geology & geotechnical

Mine planning, engineering and consultants

Capital equipment Earthworks, box cut & portal construction

Tenements and land acquisition

Working capital and corporate overhead

Total

US$2.1m

US$15m

US$1.7m

US$1.0m

US$7.6m

US$0.5m

US$1.6m

US$0.5m

Overview of Completion

Share Capital Structure

Equity Value pre completion – Pre IPO US$15m Round

Enterprise Value Pre IPO US$15m Round

JORC 20 Year Plan Reserve of 54 m tonnes

Implied Market Capitalisation on Completion of Pre IPO

US$15m Round

US$240,000,000

US$245,000,000

US$255,000,000

Implied Market Capitalisation on Completion of Pre IPO

US$25m Round 31 August 2013 US$335,000,000

US$450-475m Target Market Capitalisation Range and Structure on

completion of IPO Equity US$50m & Debt funding US$100m

1= Directors will consider the merits of dual listing on the HKEx post ASX IPO.

2= Directors shall consider interposing an Australian Holding Company above Ouro Mining, Inc

preceding ASX IPO.

1,2

Ouro Mining, Inc DFS Mine Plan

Projections 20 Years

Ouro Mining, Inc DFS Mine Plan

Projections 20 Years

DFS Internal Rate of Return (IRR):

Pre Tax 53% Post Tax 44%

Ouro Mining, Inc DFS Mine Plan

Projections 20 Years

Ouro Mining, Inc

Capital Intensity Comparison

Target Capital

Cap Ex Prdn Intensity

Company Project Coal Mine Type US$m mtpa A$/t

Bathurst South Buller HCC O/C Greenfield 161 2.8 66

Bathurst South Buller+ North Buller HCC O/C 185 2.8 66

Aquila Eagle Downs HCC O/C Greenfield 1,254 8.0 157

BHP Appin Area 9 HCC U/G Brownfield 804* 3.5 230

BHP Cavil Ridge HCC O/C Greenfield 3559* 5.5 647

BHP Daunia HCC/SSCC O/C Greenfield 1552* 4.5 338

Carabella Grosvenor West HCI O/C Greenfield 905 3.8 238

Cockatoo Baralaba PCI O/C Brownfield 413 2.8 150

Cokal Bumi Barito HCC O/C Greenfield 100 2.0 50

Gujurat No.1 & Wongawilli HCC U/G Brownfield 500 5.0 100

Macarthur Codrilla PCI O/C Greenfield 350 3.2 109

Whitehaven Narrabri PCI U/G Greenfield 500 6.0 83

Whitehaven Maules Creek SSCC O/C Greenfield 766 10.5 73

Whitehaven Vickery SSCC O/C Greenfield 350 4.0 88

Median 130

Ouro Heavener HCC UG Greenfield 199 1.7 112

*Converted to Australian to US dollar of 1.051 as of January 24. Source: Company reports, RBC Capital Markets estimates.

Ouro Mining, Inc

Operating Cost Comparison FOB

Company Project LT Opex*

Bathurst Buller US$90-100/t

Aquila Eagle Downs US106/t

Carabella Grosvener West US$95/t

Cockatoo Baralaba US$95/t

Cokal Bumi Barito US$76/t

Peabody Codrilla US$79/t

Whitehaven Narrabri US$45-50/t

Whitehaven Maules Creek US$56/t

Whitehaven Victory US$72/t

Ouro Heavener US$101/t* Logistics cost US$27/t.

Mine Cash cost US$58/t

*Costs based on Australian to US$ exchange rate of US0.90 cents and are quoted excluding royalties Source: Company reports, RBC Capital Markets estimates.

Ouro Mining, Inc Comps applied to

ER/JORC Reserves A$/t

Implied Enterprise Value (EV) Completion of Pre-IPO Funding- Capital Round US15M – 30 April 2013

Ouro Mining, Inc 54mt JORC reserves for 20 year mine plan applied to ASX comparables average at A$4.50/t = up to US$243m

Ouro Mining, Inc 201mt JORC resources applied to ASX comparatives average at A$1.25/t = up US251m. Ouro warrants a higher EV/JORC Resources A$/t

EV Completion of Pre IPO Funding - US255m

Comps Average = 4.5 A$/t

Comps Average = 0.66 A$/t

Ouro Mining, Inc Enterprise Value (EV) Considerations:

Ouru Mining Inc Enterprise Value

Ouro Mining, Inc ASX benchmark comps are considered to be aligned in the grouping of Bathurst BTU

comps published by RBC Capital Markets Initiation Comment – Bathurst Resources 29 January 2013 .

These comprise BTU,YAL,AQA,WHC,GNM,CZA and AKM.

Ouro Mining, Inc is considered a near term metallurgical producer targeted for first production in Q3

2013 with the commencement of gateroad Development. A JORC reserve based EV calculation is

considered appropriate which can be correlated against a risk weighted DFS NPV. The JORC Reserves

Statement independently reported by Weir International, Inc is 61mt.

Weir International DFS completed in February 2013 with NPV’s average after tax > US$500m within a

range of discount rates 10%, 12%, 15% & 18%. The funding round implies a risk weighting up to 50% to

account for critical milestones over a 18 month period - UG approvals, gateroad Development, Cap-

ex, Mine Construction and UG Mining in Q2 2014.

Ouro is expected to command a premium for export coal quality and is forecast to produce product

coal cost at US$107 per tonne FOB and revenue per tonne of +US$167 per tonne in full production

FY2017.

The Heavener Project has excellent logistics options by rail and river barge to port.

• Seed Capital Funding- May 2012

– Completed

• Private Placement – October 2012 – Completed

• Drilling, seismic and JORC resource

studies Mar-Dec 2012 - Completed

• DFS Reporting – Feb 2013

– Completed

• Pre IPO Funding – April 2013 - US$15m and August 2013 - US$25m.

• Procurement and Construction

Start-up 2013

• Commencement of Production

with Gateroad Development in Q2 2014

• IPO/Debt Funding UG and Surface

Infrastructure Q1 2014 - US$150m.

Target structure – Equity US$50m and Debt – US$100m.

Timeline