Mt Lindsay Tin/Tungsten Project

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Presentation Disclaimer

Forward Looking Statements■ This presentation may contain certain forward looking statements and projections regarding:

- estimated, resources and reserves;

- planned production and operating costs profiles;

- planned capital requirements; and

- planned strategies and corporate objectives.

■ Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. Theyare not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many ofwhich are beyond the control of Venture Minerals Limited. The forward looking statements/projections are inherentlyuncertain and may therefore differ materially from results ultimately achieved.

■ Venture Minerals Limited does not make any representations and provides no warranties concerning the accuracy of theprojections, and disclaims any obligation to update or revise any forward looking statements/projects based on newinformation, future events or otherwise except to the extent required by applicable laws.

■ The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on informationcompiled by Mr Andrew Radonjic, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr AndrewRadonjic is a full-time employee of the company. Mr Andrew Radonjic has sufficient experience which is relevant to the style ofmineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a CompetentPerson as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and OreReserves’. Mr Andrew Radonjic consents to the inclusion in the report of the matters based on his information in the form andcontext in which it appears.

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North West Tasmania

King Island (Tungsten)

Mt Bischoff (Tin)Metals X & Yunnan Tin

Cleveland (Tin)Ex-Aberfoyle

Avebury (Nickel)China Min Metals Corp.

Rosebery (Cu, Pb, Zn)China Min Metals Corp.

Fast Factso World class

mineral field

o +$13 billion of Tin/Tungsten mined

o World Players in Sn / WO3- China Min Metals

- Yunnan Tin

Savage River (Fe)Jiangsu Shagang 47%

Renison Bell (Tin)Metals X & Yunnan Tin

Mt Lindsay Tin-Tungsten DepositReserves of 14Mt @ 0.6%SnEq

Riley Hematite DSO DepositReserves of 2Mt @57%Fe

Livingstone Hematite DSO DepositReserves of 2Mt @57%Fe

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Venture Minerals

Highlights

Completed a BFS on the Mt Lindsay Tin/Tungsten Deposit -one of the worlds largest and most advanced new tin projects

Based on a 1.75Mtpa open pit operation the project delivered a 9 year mine life

Reduced Commodity Risk through the diversified production of co-products; 2,500tpa of tin & 1,600tpa of tungsten (trioxide)

C1 Cash Costs on a co-product basis (incl. Fe & Cu by-product credits) A$11,228/t of tin metal in concentrate

Received both off-take and financing interest from the US, Japan, China & Europe

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Mt Lindsay Tin Tungsten Deposit

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Geological Setting

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Resource Upgrade

Lower Cut (Tin

equiv)`Category Tonnes

Tin Equiv. Grade

Tin GradeTungsten

Grade (WO3)Copper Grade

(WO3)Contained Tin Metal

(tonnes)

Contained Tin/ Tungsten Metal

(tonnes)

0.20%

M & I 25Mt 0.5% 0.2% 0.1% 0.1% 49,000 72,000

Inferred 20Mt 0.4% 0.2% 0.1% 0.1% 32,000 41,000

Total 45Mt 0.4% 0.2% 0.1% 0.1% 81,000 113,000

0.45%

M & I 9.5Mt 0.8% 0.3% 0.2% 0.1% 26,000 44,000

Inferred 3.9Mt 0.6% 0.3% 0.1% 0.1% 12,000 17,000

Total 13Mt 0.7% 0.3% 0.2% 0.1% 38,000 61,000

Category TonnesTin Equiv.

GradeTin Grade

Tungsten Grade (WO3)

Copper Grade (WO3)

Contained Tin Metal (tonnes)

Contained Tin/ Tungsten Metal (tonnes)

Proved 6.4Mt 0.7% 0.2% 0.2% 0.1% 14,000 23,000

Probable 7.3Mt 0.5% 0.2% 0.1% 0.1% 16,000 23,000

Total 14Mt 0.6% 0.2% 0.1% 0.1% 30,000 46,000

Maiden Reserve

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Slide 9

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Bankable Feasibility Study - 2012

Mt LindsayTin/Tungsten Project

Bankable Feasibility Study(November 2012)

Maiden Reserve (including 6.4mt @ 0.7% tin equivalent)

14mt

Revenue Life of Mine A$1,435m

Net Cash Life of Mine A$554m

NPV8 A$143m

Project Life 9 years

Internal Rate of Return 21%

Peak Net Annual Revenue A$110m

Capital Costs(including a 35% plant capacity upgrade to 1.75mtpa)

A$198m

Commodity Prices & Exchange Rate used for BFS

Tin US$23,800/t

Tungsten US$392/mtu

Magnetite (reference price Fe 62%) US$125/t Copper US$8,000/t Exchange Rate USD/AUD = $0.90

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High Priority Drill Targets

Waterhouse

No.1 Skarn

No. 2 Skarn

Main Skarn

High-Grade MacDonald

Tin Zone

High-Grade

Tungsten Zone

New Tin

Discovery

Combined Resources - Mt Lindsay Deposit(0.20% cut-off) 45Mt @ 0.4% Tin (Sn) equiv.

(0.45% cut-off) 13Mt @ 0.7% Tin (Sn) Equiv.

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High Priority Drill Targets

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Regional Drill Targets

Combined Measured/Indicated/Inferred

* Resources

Mt Lindsay Deposit13Mt @ 0.7% Sn equiv. (0.45%% Cut-off)

Reserves14Mt @ 0.6% Sn Equiv.

Riley DSO Deposit

Big Wilson discovery hole

intersects

17.4m @ 2% Sn inclu. 4m @

5.6% Sn

Webbs Creek

9m @ 0.6% Sn Equiv.

32 strike kms of

skarn targets

Savage River Mine

Magnetite Mine

producing at

2.5Mtpa

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14

High Grade mineralisation of

17.4m @ 2% Tin including

4m @ 5.6% Tin

47m of Tin

mineralisation

Big Wilson Discovery Hole Cross-Section

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15

Big Wilson Soil Anomaly

17.4m @ 2.1% SnEq 10m @ 1.0% SnEq

21m @ 0.5% SnEq

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16

Regional Drill Targets

Combined Measured/Indicated/Inferred

* Resources

Mt Lindsay Deposit13Mt @ 0.7% Sn equiv. (0.45%% Cut-off)

Reserves14Mt @ 0.6% Sn Equiv.

Riley DSO Deposit

Big Wilson discovery hole intersects

17.4m @ 2% Sn inclu. 4m @

5.6% Sn

Mt Ramsay1.3km Sn-W soil

anomalyWebbs Creek

9m @ 0.6% Sn Equiv.

32 strike kms of

skarn targets

Savage River Mine

Magnetite Mine

producing at

2.5Mtpa

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Mt Ramsay

15.7m @ 0.18% Sn

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Regional Drill Targets

Combined Measured/Indicated/Inferred

* Resources

Mt Lindsay Deposit13Mt @ 0.7% Sn equiv. (0.45%% Cut-off)

Reserves14Mt @ 0.6% Sn Equiv.

Riley DSO Deposit

Big Wilson discovery hole intersects

17.4m @ 2% Sn inclu. 4m @ 5.6% Sn

Mt Ramsay1.3km Sn-W soil

anomalyWebbs Creek

9m @ 0.6% Sn Equiv.

32 strike kms of

skarn targets

Inset Map - newly

discovered

Tin Targets

Savage River Mine

Magnetite Mine

producing at

2.5Mtpa

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Regional Drill Targets

Mt Lindsay Tin-Tungsten Deposit13Mt @ 0.7% Sn equiv. (0.45%% Cut-off)*

Meredith Granite

Livingstone Skarn

Reward Skarn Main SkarnNo.2 Skarn

RW020 2m @ 1.1% Tin

Newly

Discovered

Tin Targets

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Regional Drill Targets

Inset Map - newly

discovered

Tin Targets

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Venture Minerals

Conclusions

BFS now completed on the Mt Lindsay Tin/Tungsten Deposit -one of the worlds largest and most advanced new tin projects

Mt Lindsay boasts over 9 year mine life, generating $550m net cash LOM (2012 BFS)

Continuing do discover a multitude of new targets

Extensive land package containing +30 strike km of skarntargets

“Strategically Positioned For Production”

for up-to-date information please visit our website

www.ventureminerals.com.au