TSX-V: RHR

Corporate Presentation

February 2011

TSX-V: RHR

IntroductionRedhill Resources Corp. is a progressive exploration and development company with major gold projects in Western Australia as well as rare-earth projects in Utah, USA and British Columbia, Canada.

The Company is focused on increasing shareholder value by:

• Advancing the Gullewa Gold project with its joint-venture partner Mutiny Gold Ltd.

• Strategic acquisition of highly prospective gold prospects in the Gascoyne Region, Western Australia.

Redhill has recently acquired two rare-earth properties and sees excellent upside potential in the rare-earth sector.

TSX-V: RHR

Share Structure

Issued & Outstanding 92,878,953

Warrants 6,956,987

Options 8,955,000

Fully Diluted 108,790,940

Recent Share Price (Feb 7, 2011) $0.14

Market Capitalization $13 Million

*as of January 31, 2011

TSX-V: RHR

ManagementGraham L. Harris - Chairman, CEO, Director

• Over 20 years experience in the finance industry ; 1999 to 2004 Senior Vice President and Director of Canaccord Capital Corp.; directly raised over $150 million in development and venture capital

Clive Massey – Director, VP Finance• Experienced executive with over 20 years of experience in the mining and finance sector;

Jasvir K. Kaloti – CFO, Corporate Secretary• Over 14 years experience in the finance industry; independent consultant for public and private

companies in the mining industry;

Andrew Bowering - Director• Held senior executive positions and directorships in numerous public exploration companies over the

last 21 years; directly raised over $100 million for mineral exploration

Brent Butler - Director• Over 20 years of international geological experience and mine management; Holds B.Sc. In Geology;

Member SEG, AusIMM and PDAC;

Brian Morrison - Director• Corporate Administrator with 5 years experience with public companies; in-depth knowledge of

securities

4

TSX-V: RHR

Western Australian – Gold Projects

5

Gullewa Gold Project - (100%)

Gascoyne Gold Projects • Cobra Gold Project - (80%)• McCarthy Project - (80%)• Mt. Phillips Project - (100%)

TSX-V: RHR

Gullewa Gold Mine – Western Australia• Mutiny Gold Ltd. is earning 70% of Redhill Resources Corp.’s Gullewa Gold

Project by making payments totaling $9 million.

• The project area contains substantial existing resources totaling 650,000oz gold (Au) and 25,000 tonnes of copper (Cu) (NI-43-101).

• Significant potential to expand resources through exploration.

• Infrastructure includes 300,000 tonnes per annum mill, camp, offices and other facilities.

6

• Focus on bankable feasibility and mining ramp up planned for 2011/12.

• Preliminary Mine Studies indicate operation would be profitable.

TSX-V: RHR

Gullewa Gold Mine – Regional Geology

7

TSX-V: RHR

Gascoyne Gold Projects – Western Australia

8

• The historic, gold producing Gascoyne Region is located some 850km northeast of Perth, and 500km north of Redhill’s Gullewa Gold Project.

• The Gascoyne Gold project encompasses the Cobra, McCarthy & Mt. Phillips Gold prospects.

TSX-V: RHR

Gascoyne Gold Projects

9

TSX-V: RHR

Gascoyne Gold Projects – Local Geology• Prospective units considered to comprise:

• Irregully Formation (manganiferous siltstones, tuffaceous sandy siltstones, argillites and minor cherts)

• Kiangi Creek Formation (immature fine to coarse grained feldspathic arenites, gritty arenites, subordinate gravelly conglomerates, mature interbedded quartzites of density current origin, turbiditic siltstones)

• Jillewarra Formation (banded white siltstone, and cherty, carbonaceous, ferruginous or manganiferous argillites, representing alternate distal turbidite and hemipelagic deposition); and dark grey to black cherty argillite of the Discovery Chert

10

TSX-V: RHR

Cobra Gold Project – Western Australia

11

• Average grade of recorded production was 25g/t gold.

• Metal detector work in the past few years has identified several large nuggets

• Black Hills nuggets ranging from - 9 ½ oz, 7 ½ oz, 1 ½ oz and 1 oz

• Historical rock-chip and trench sampling have returned results as high as 20g/t and one at 3oz per ton.

• Target strike length of mineralization is approximately 30km

TSX-V: RHR

Cobra Gold Project

TSX-V: RHR

McCarthy Gold Project – Western Australia

• Covers approximately 300 hectares

• Gold nuggets have been detected ranging from 10.5 oz – 0.5g

• Historical rock-chip and trench sampling have returned results including 20g/t and 3oz/t

• Mapping and sampling in the near future

• Target strike length of mineralization is approximately 30 km

• Previous producer

13

TSX-V: RHR

McCarthy Gold Project

14

TSX-V: RHR

Mt. Phillips Project – Western Australia• The Mt. Phillips Prospect at Bassit Bore is located in the Gascoyne region

some 850km northeast of Perth, 500km north of Redhill’s Gullewa Gold Project and 10km south of Redhill’s Cobra Project.

• 300 hectares covered by a single Exploration license E09/1676

• Lies within Gascoyne Resources Limited’s Bassit Bore Gold project and immediately abuts Gascoyne Resources’ license E09/1088 where a 15km east west gold copper geochemistry anomaly trends onto the Property.

• Gascoyne Resources recently announced rock chip results from a quartz vein system from license E09/1751. Results returned values of up to 7.8g/t gold over a 350m strike length that trends northwest onto the Mt. Phillips Prospect.

15

TSX-V: RHR

Mt. Phillips Project – Western Australia

• Sampling by Redhill along this trend has confirmed its prospectivity where two rock chips returned significant results;

• 36.97g/t gold and 2.54% copper

• 31.65g/t gold and 0.1% copper

• The Property lies over sheared granite that contains multiple quartz veins up to two metres in width.

• Initial sampling indicates that the veins contain gold and +/- copper minerals malachite and chalcocite.

16

TSX-V: RHR

Mt Phillips Project

17

TSX-V: RHR

Rare Earth Projects – Utah & BCHoney Comb Hills Rare Earth Project – Utah (100%)

• 100% interest in 64 unpatented lode claims in the Fish Creek District, Juab County, approximately 2.5 hours southwest of Salt Lake City.

• Close proximity to Great Western Minerals Group’s Deep Sands REE project.

• Hosts a similar geologic environment, to nearby Spor Mountain Mine, owned by Brush Engineered Metals (NYSE:BW) which produces approximately 48,000 tonnes of bertrandite ore annually.

18

TSX-V: RHR

Rare Earth Projects – Utah & BCMorgan Rare Earth Project – BC (100%)

• Covers approximately 4200 Hectares• Located in the Wicheeda Carbonatite Belt in Central British Columbia • 7km east of Canadian International Minerals Carbo project• New discovery in area by Spectrum Mining Corp.• The area of discovery remains open

19

TSX-V: RHR

Contact Info

Redhill Resources Corp.Suite 2000 – 1177 West Hastings StreetVancouver, B.C. V6E 2K3 Canada Tel: +1 604-662-8184 Fax: +1 604-602-1606

Toll Free: 1-877-662-8184 (US & Canada ) Email: info@redhill-resources.com

20