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Held after the markets close in Sydney and over lunch in Melbourne listen to presentations by ASX listed companies followed by complimentary networking drinks. These events provide attendees with one of Australia's best opportunities to network with high-level representatives from both the resources industry, and the finance and investment communities.
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Connecting investors to opportunities www.symposium.net.au
Jon Dugdale Executive Director
Emerging Low Cost Gold Developer with High-Grade Resource Growth
February 2013
Highlights
• Flagship Batangas gold projects with dominating 270 km² position
on Luzon Island, 100km south of Manila in the Philippines
• Safe, friendly jurisdiction with strong community support
• Established mining and exploration licences in place
• JORC Resources: Indicated and Inferred 5.8mt @ 2.2 g/t Au
408,000oz Au (0.85g/t Au cut off)
• Aggressive drilling program discovering and defining additional high-
grade gold shoots eg Lobo Project - West Drift Lode
• Existing cash reserves ($3.3m) to fund drilling programs
• Strong board and highly skilled exploration team located in country
2
Experienced Board and Executive Team
3
• Board of Directors – Neil Warburton: Executive Chairman – Former CEO of Barminco, 35yrs exp.
– Jon Dugdale*: Executive Director – Geologist with corporate, 26 yrs exp.
– Keith Rowe: Non Executive Director – 30 years in industry
– Michael Wolley: Non Executive Director – Senior Todd Corporation executive
* Jon Dugdale will transition to MD by 30 March 2013.
• Operational: Geoff Boswell, Country Manager – Geologist, 27 years exp.
• Head Office – Perth
• Operation Offices – Manila and Lobo (Philippines)
4
Red Mountain Mining Ltd ASX: RMX
Listed Shares 187,572,026
Unlisted Options 58,287,474
Top 20 shareholders 80%
Share price (15 Feb 2013)
$0.105
Market Capitalisation (@ A$0.105)
$20 million
Cash on hand: 31/12/12 $3.3million
Major Shareholders Mindoro inc.
- Acorn
- IFC
- Lion
Share Price
Volume
Company Overview
Philippines – A Golden Opportunity
• US based “Democracy”
• IMF growth projections 7% next 5 years
• Stable mining law and regulations
• New mining policy Executive Order 79 (2012)
demonstrates commitment to sector
• Well educated work-force, English speaking
• “World class” prospectivity for Gold, Cu-Au
• Mature mining industry, recent Au and Cu-Au
developments:
- Medusa Mining, Co-O ~100k oz pa
- CGA Mining, Masbate, >200k oz pa
- Red 5, Sianna, >85k oz pa projected
- Oceana, Didipio Cu-Au, in construction
5
Sianna (Red 5)
Masbate (CGA)
Co-O (Medusa)
Tampakan (Xtrata/Indophil)
Didipio (Oceana)
Batangas
TSF
7
Portfolio of projects in key mining districts
Batangas Gold Projects (*100%)
• Archangel Project (Gold)
• Lobo Project (Gold)
• El Paso, Calo, Talahib (Cu-Au)
Didipio Cu-Au
(Oceana)
Masbate Gold 200,000oz pa
(CGA Mining)
Sianna Gold 85,000oz pa
(Red 5)
Co-O Gold 100,000oz pa
(Medusa Mining)
Tampakan, Cu-Au, BFS
(Xtrata/Indophil)
Tapian San Francisco Cu-Au (*75%)
*100% beneficial interest
*75% beneficial interest in certain tenements
Portfolio of projects in key mining districts
6
Company Strategy
Lobo and Archangel Projects: Batangas
• Identified high-grade gold targets to be systematically drilled to increase total resources and grade
• Establish scope of a highly-profitable gold project:
a) optimise open pits on current resources = base case
b) higher-grade resources targeted to enhance profitability
• Continue to explore (trenching) and define (drilling) new high-grade gold targets to establish long mine life
El Paso Project: Batangas
• Joint Venture large Porphyry Cu/Au projects with major partner
Tapian SF Project
• Low key exploration
7
• Experienced team on the ground
• Two drilling rigs in action
• Continuous pipeline of drilling targets
• Strong Safety and Environment programs
• Excellent infrastructure in region
The Batangas Program
8
Sea
LOBO
Tenements / applications
Porphyry copper-gold prospects
Resource area
Epithermal vein trends
Copper showing
Historical mine / workings
Other prospects
MAP KEY
4km 0 N
Manila
Luzon
Mindanao
Talahib
Calo
El Paso
Marita
LOBO PROJECT - SW BRECCIA
*Mineral Resource Estimates 0.85 g/t cut off
Indicated: 178,000 t @ 7.4 g/t (42,000 oz)
Inferred: 16,000 t @ 5.3 g/t (3,000 oz)
Total: 194,000 t @ 7.2 g/t (45,000 oz)
ARCHANGEL PROJECT - KAY TANDA
*Mineral Resource Estimates 0.85 g/t cut off
Indicated: 2,582,000 t @ 2.0 g/t (165,000 oz)
Inferred: 3,004,000 t @ 2.0 g/t (197,000 oz)
Total: 5,586,000 t @ 2.0 g/t (363,000 oz)
*Note: Resource parameters in ASX release of 30th January 2013 9
• 270km² land package covers entire epithermal gold field • Two key gold resource projects: - Lobo high-grade gold lodes eg Medusa Mining - Archangel – bulk tonnage gold eg CGA Mining • Drilling in progress to increase and upgrade resources
Batangas Gold Projects: Mineral Resources
Batangas Gold Resources @ 0.85 g/t Au cutoff
Deposit Resource Category
Tonnes Au g/t Au Oz Ag g/t Ag Oz
Archangel
Inferred 3,004,000 2.0 197,000 1.3 124,000
Indicated 2,582,000 2.0 165,000 5.7 471,000
*Total 5,586,000 2.0 363,000 3.3 595,000
Lobo (SWB)
Inferred 16,000 5.3 3,000 1.7 1,000
Indicated 178,000 7.4 42,000 1.8 10,000
*Total 194,000 7.2 45,000 1.8 11,000
10
Batangas
Total Inferred
3,020,000 2.1 200,000 1.3 125,000
Total Indicated
2,760,000 2.3 208,000 5.4 481,000
*Total 5,780,000 2.2 408,000 3.3 606,000
*Note: Inferred Resource Estimates are combined with Indicated Resource Estimates in the totals based on the JORC
Code (December) 2012 edition that states under section 26 that if details of individual categories are provided then
categories may be reported in combined form.
Batangas Gold Resources @ 0.50 g/t Au cutoff
Deposit Resource Category
Tonnes Au g/t Au Oz Ag g/t Ag Oz
Archangel
Inferred 7,308,000 1.2 284,000 1.4 324,000
Indicated 5,838,000 1.2 232,000 4.6 871,000
*Total 13,147,000 1.2 516,000 2.8 1,194,000
Lobo (SWB)
Inferred 27,000 3.3 3,000 1.6 1,000
Indicated 198,000 6.7 43,000 1.8 12,000
*Total 226,000 6.3 46,000 1.8 13,000
11
Batangas
Total Inferred
7,335,000 1.2 287,000 1.4 325,000
Total Indicated
6,037,000 1.4 275,000 4.5 882,000
*Total 13,372,000 1.3 562,000 2.8 1,207,000
*Note: Inferred Resource Estimates are combined with Indicated Resource Estimates in the totals based on the JORC
Code (December) 2012 edition that states under section 26 that if details of individual categories are provided then
categories may be reported in combined form.
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
Camo
Lobo Mine
West Drift
311000E 309000E
1511000N
1509000N
?
?
?
?
?
?
N
Pica
Balisong
Calumpang
ALTERATION
LITHOLOGY
Interpreted
Mapped Probable
Alluvium
Quaternary agglomerate
Limestone (Reefal)
Altered volcanics (Andesite)
Silica cap
Quartz-pyrite ± clay alteration
Clay-pyrite ± quartz ± calcite
Hydrothermal breccia (w/ HS mineralization)
Epithermal vein
Jasperoid
Old mine working
Drill hole collars
Road
River / creek
MRL Gold MPSA boundary
Trenching target
MAP KEY
Taysan Porphyry Cu-Au Deposit
LOBO
BATANGAS PROJECTS
Map Area
Pica: Epithermal veins: PC02: assays to 8.8 g/t Au
West Drift: LB 70: 6.3m @ 8.0 g/t Au
Camo: LB 51: 4.5m @ 486 g/t Ag
Signal, Rockchip’s to 72.6 g/t Au
Japanese Tunnel, Trench: 5m @ 10.4 g/t
12
• 10km strike of epithermal structures • High grade resources at Southwest Breccia • New high-grade discovery at West Drift, - 2 rigs drilling in progress, open at depth • Multiple targets, trenching then drilling
Lobo Project: Compilation Map
Southwest Breccia Indicated and Inferred 194,000 t @ 7.2 g/t Au; 45,000 oz Au
Ulupong: Rockchips to 14.5 g/t Au
Japanese
Tunnel
8
10,000E
85.00m
104.50m
129.10m
57.30m
Trench: 11m @ 19.1 g/t Au
52.25m 69.40m
LB61-11
Batangas Projects
MAP KEY
SOUTHWEST BRECCIA CROSS SECTION 10172N
20m
Drill hole
Mineralized intercept
LB-07
End of hole 75m
17.4m @ 9.60 g/t Au
8.3m @ 6.30 g/t Au
32.2m @ 9.50 g/t Au
14.0m @ 1.67 g/t Au
13.3m @8.30 g/t Au
180m
ASL
160
140
120
100
80
60
40
LB62-11
6.7m @ 10.7 g/t Au inc. 3.7m @ 18.0 g/t Au
LB65-11
Quaternary agglomerate
Quartz - barite - pyrite vein breccia
Quartz - pyrite ± clay alteration
Clay - pyrite - quartz ± chlorite ±
magnetite alteration
Quartz - clay - pyrite alteration
Propylitized andesite wallrock
(chlorite - clay - pyrite ± quartz ±
calcite ± magnetite)
Fault gouge
11.90m
7.45m @ 12.4 g/t Au inc. 5.30m @ 15.6 g/t Au
9,950E
30.25m
57.60m
7.75m @ 4.67 g/t Au inc. 1.95m @ 11.8 g/t Au
8.0m @ 8.82 g/t Au inc. 3.0m @ 15.4 g/t Au
BATANGAS, LOBO PROJECT, SWB SHOOT
10,000E
CROSS SECTION 10155mN
20m
Drill hole
Mineralized intercept
LB-25
End of hole 75
160
ASL
140
120
100
80
60
40
Quaternary colluvium
Quaternary agglomerate
Quartz - barite - pyrite vein breccia
Quartz - pyrite ± clay alteration
Clay - pyrite - quartz ± chlorite ±
magnetite alteration
Quartz - clay - pyrite alteration
Propylitized andesite wallrock
(chlorite - clay - pyrite ± quartz ±
calcite ± magnetite)
Fault gouge
9,950E
LB60-11,
LB58-11
LB64-11
25.20
20.75
40.50
43.9
109.10
138
56.2m @ 4.24 g/t Au Inc. 7.71m @ 28.4 g/t Au
4.90m @ 11.1 g/t Au inc. 2.0m @ 21.1 g/t Au
18.35m @ 1.52 g/t Au inc. 1.0m @ 5.72 g/t Au Inc. 1.0m @ 5.25 g/t Au
9.0m @ 2.14 g/t Au inc. 2.0m @ 6.06 g/t Au
9.05m @ 6.56 g/t Au inc. 5.0m @ 11.27 g/t Au
16.13m @ 7.75 g/t Au
13
• High grade epithermal shoot • Open at depth
MAP KEY
Taysan Porphyry Cu-Au Deposit
LOBO
BATANGAS PROJECTS
Map Area
LB63-11
Lobo Project: Southwest Breccia Shoot
Adit #2
Adit #3
Adit #1 West Drift
10800N
10900N
10500N
10600N
10700N
0
-100
100
200m
ASL
LBDD003
LB 44
LB 57
Lobo Shaft
LB 42
Old Lobo Copper Mine
LB 33
?
?
?
?
A A’
?
?
?
D R I L L - T A R G E T A R E A
LB 37 LB 35
8.6m @ 2.53 g/t Au
LB68
LB70
LB71
4.9m @ 4.47 g/t Au 6.3m @ 8.03 g/t Au Inc. 4m @ 11.18 g/t Au
4.6m @ 5.83 g/t Au, 4.1% Cu
LB66 LB67
?
> 400 m
LB 38
LBDD002
?
LB72
Stope on
vein
Creek
LB 56
8.0m @ 2.09 g/t Au Inc. 2m @ 4.8 g/t Au
LB74
LB73 LB69
LB75-13 in progress
LB76-13 in progress
?
?
?
?
Lobo Project: West Drift Longitudinal Projection Taysan Porphyry Cu-Au Deposit
LOBO
BATANGAS PROJECTS
Map Area
> 20.0
10.0 – 20.0
3.0 – 10.0
0.5 – 3.0
Old 2004 drill holes (unsurveyd)
New RMX drill holes (surveyed)
Drilled, result pending
MAP KEY
Au g/t x metre contours
9.3m = metres downhole @ 14.53 g/t (gram/tonne) Au (gold)
50m
• Projection of epithermal Lode • Increasing gold grade with depth • Drilling defining high-grade zone
14
Exploratory raise
LB70-13
189.4
229.8
150
9,2
00
E
9,3
00
E 9
,30
0E
9,3
00
E
Road
Creek
LB72-13
150m
ASL
100
75
50
25
0
-25
-50
125
-75
25m
60.3
?
Quaternary colluvium
Propylitized andesite (chlorite -
clay - pyrite ± calcite ±
magnetite)
Clay – quartz – pyrite alteration
Quartz - barite - sulphide ± clay
breccia
Quartz - pyrite ± clay alteration
Shear zone
Fault gouge
Drill hole
Mineralized intercept
LB-39
End of hole 75m
6.3m = metres downhole @ 8.03 g/t (gram/tonne) Au (gold) 2.07 g/t (gram/tonne) Ag (silver) 1.96 % Cu (copper)
Taysan Porphyry Cu-Au Deposit
LOBO
BATANGAS PROJECTS
Map Area
MAP KEY
Lobo Project: West Drift Cross section 10675mN
15
1.7m @ 0.62 g/t Au, 1.96 % Cu
1.5m @ 0.51 g/t Au, 1.8 % Cu
2.9m @ 2.05 g/t Au,0.11 % Cu
1.95m @ 1.28 g/t Au, 0.18 % Cu
6.7m @ 1.2 g/t Au, 2.46 g/t Ag, 0.03 % Cu
6.3m @ 8.03 g/t Au, Inc. 4m @ 11.18 g/t Au,
Lobo Project: Drilling Programme
• Two rigs on continuous shifts drilling depth and lateral
extension to West Drift gold lode.
• One additional rig to commence drilling Japanese
Tunnel, Pica and other new Lobo targets in March
• Trenching and sampling of outcropping epithermal lode
structures continuous
16
Sea
Biga
Marita
Bootin
N 1 Km 0
Archangel MPSA boundary
Younger cover rocks
Extensively altered volcanics intruded
by diorite and dacite
Advanced argillic zones
Resource area
Epithermal gold-silver zones
Porphyry-related stockworks
Vein breccia
Boulder field of mineralized massive
silicified rocks
Old mine working
Copper showing
Porphyry related IP anomalies
BATANGAS, ARCHANGEL PROJECT
MAP KEY
• 6 km gold anomalous zone • Near/at surface resources EL PASO PROJECT
TALAHIB PROJECT
BATANGAS PROJECTS
Crazy Horse Taysan Project
KAY TANDA GOLD RESOURCE
ARCHANGEL PROJECT
LOBO GOLD PROJECT
20
*Refer to qualified person statement on slide 2
Next Slide
Lumbangan
Zone
316000E
1508000N
317000E
1507000N
KTD199-12 2.2m @ 36.53 g/t Au 6.6m @ 2.63 g/t Au
KTD200-12 10.65 @ 1.66 g/t Au
KTD195-12 9.3m @ 3.55 g/t Au, 19.21 g/t Ag
Incl. 3.95m @ 6.27 g/t Au
KTD196-12 20.55m @ 1.66 g/t Au KTD197
KTD194
KTD198
Archangel Gold Resources Project
• Defined Mineral Resources at surface • Open to the northwest and northeast • Drilling planned to convert and extend Indicated Resources
Taysan Porphyry Cu-Au Deposit
LOBO
BATANGAS PROJECTS
Map Area
MAP KEY
Younger volcanics
Lithologic contact
Mineralized volcanics
Area of drill resource
delineation in progress to date
Mineralization open
IP chargeability anomaly
Recent RMX Drill hole
Road
River / creek
200 m 0
N
17
Kay Tanda Indicated and Inferred 5,586,000 t @ 2.0 g/t Au; 363,000 oz Au
Archangel Project: Drilling Programme
• Known Inferred resources within optimised pit shells to
be converted to 100% Indicated Resource category
• Additional high grade gold targets being identified from
trenching to be drilled
• Targeting of deeper extensions following further drilling
and mapping of exposed structures
18
LOBO
Calo
Taysan Copper-Gold Resource
(TSXV Crazy Horse Resources)
Meas. and Indicated 459mt @ 0.26% Cu, 0.10 g/t Au
El Paso San Juan
Batholith
Manila
Luzon
Mindanao
Sea
Tenements for JV
IP Chargeability Anomaly (Cu-
Au)
Faults / trends
Copper showing
Historical mine / workings
Other prospects
Retained RMX Tenements
MAP KEY
19
Major JV partner sought for Copper-gold areas
4km 0
N
- Large porphyry Cu-Au potential
El Paso Project: Proposed joint venture area
Key value-driving milestones for 2013
Milestone Objective Timing
Lobo Project: Drill Lobo high-grade gold
shoot targets eg West Drift, Japanese
Tunnel, Pica
Add additional high grade gold resources Q1 - Q4
2013
Archangel Project: gold resource drilling
Convert Inferred to Indicated in optimised
pit-shell areas; extend high-grade zones
Q2 - Q4
2013
El Paso Project: Drilling high priority
Cu/Au Targets
Joint Venture Porphyry Cu/Au tenements
to major mining house
Q2- 2013
Batangas projects gold resource
upgrade Significant gold resource increase
Q4- 2013
Batangas projects gold scoping study Viable gold project for Feasibility
Q4- 2013
20
Contact details
Neil Warburton, Executive Chairman
M: +61-408 935 014
Jon Dugdale, Executive Director
M: +61-402 298 026
Media relations – Kevin Skinner
M: +61-414 822 631
Red Mountain Mining head office
Unit 1, 2 Richardson Street
West Perth WA 6005
P: +61-8 9226 5668
F: +61-8 9486 8616
W: www.redmm.com.au
21
Qualified Person statement
22
The information in this report relating to Exploration Results is based on information compiled by Mr Jon
Dugdale who is a Fellow of the Australasian Institute of Mining and Metallurgy and has sufficient exploration
experience which is relevant to the various styles of mineralisation under consideration to qualify as a
Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves’. Mr Dugdale is a full time employee and Executive Director
of Red Mountain Mining Ltd. Mr Dugdale consents to the inclusion in the report of the matters based on his
information in the form and context in which it appears.
The information in this report relating to Mineral Resources is based on information compiled by Mr Ted
Coupland who is a member of the Australasian Institute of Mining and Metallurgy and has sufficient
experience which is relevant to the various styles of mineralisation under consideration to qualify as a
Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves’. Mr Coupland is a full time employee of Cube Consulting
Pty Ltd. Mr Coupland consents to the inclusion in the report of the matters based on his information in the
form and context in which it appears.
Disclaimer
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, published or distributed should inform themselves about and observe such
restrictions.
This presentation does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities,
nor the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issue or transfer of the securities referred to in
this presentation in any jurisdiction in contravention of applicable law. This presentation is not an offer of securities for sale in the United
States, nor does this presentation constitute a prospectus or other offering document in the United States or any other jurisdiction in
which it is being used. Securities may not be offered or sold in the United States absent registration under the U.S. Securit ies Act of
1933, as amended, or an exemption from registration there from.
In providing this presentation, Red Mountain Mining has not considered the financial position or needs of the recipient. Persons needing
advice should consult their stockbroker, bank manager, solicitor, attorney, accountant or other independent financial and legal advisors.
These statements are forward-looking statements. These forward-looking statements are not historical facts but rather are based on Red
Mountain Mining’s current expectations, estimates and projections about the industry in which Red Mountain Mining operates, and
beliefs and assumptions regarding Red Mountain Mining’s future performance. Words such as “anticipates”, “expects”, “intends”, “plans”,
“believes”, “seeks”, “estimates” and similar expressions are intended to identify forward-looking statements.
These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors,
some of which are beyond the control of Red Mountain Mining, are difficult to predict and could cause actual results to differ materially
from those expressed or forecasted in the forward-looking statements. Red Mountain Mining caution shareholders and prospective
shareholders not to place undue reliance on these forward-looking statements, which reflect the view of Red Mountain Mining only as of
the date of this presentation. The forward-looking statements made in this presentation relate only to events as of the date on which the
statements are made. Red Mountain Mining will not undertake any obligation to release publicly any revisions or updates to these
forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this presentation except
as required by law or by any appropriate regulatory authority.
23