Americas Iron Ore Conference

Brazil November, 2013

Disclaimer

This presentation and any oral presentation accompanying it has been prepared by Latin Resources Ltd (“LRS “ or

the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in

the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to

subscribe for securities in the Company will be entered into on the basis of this presentation.

This presentation contains forecasts and forward looking information. Such forecasts, projections and information

are not a guarantee of future performance, involve unknown risks and uncertainties. Actual results and

developments will almost certainly differ materially from those expressed or implied. LRS has not audited or

investigated the accuracy or completeness of the information, statements and opinions contained in this

presentation. Accordingly, to the maximum extent permitted by applicable laws, LRS makes no representation and

can give no assurance, guarantee or warranty, express or implied, as to, and take no responsibility and assume no

liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission, from any

information, statement or opinion contained in this presentation.

You should not act or refrain from acting in reliance on this presentation material. This overview of LRS does not

purport to be all inclusive or to contain all information which its recipients may require in order to make an informed

assessment of the Company’s prospects. You should conduct your own investigation and perform your own

analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and

opinions contained in this presentation before making any investment decision.

6

4.8 4.7

2.3

3.73.4

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0

1

2

3

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5

6

7

Peru Columbia Chile Brazil Argentina Mexico Venezuela

Forecast – LATAM – Real GDP (USD) 2012 -2014

700 million people in Latin America

*Source ;Credit Suisse

Latin America – Mining Investment

• Latin America is the preferred destination for global exploration

• In 2012 ,25% of all global exploration dollars were spent in Latin America

• By 2020 there will be 6 countries in Latam that will capture 50% of global mining investments

• Chile - $100 billion , Brazil - $ 68b, Peru - $56b , Colombia -$22b , Mexico $13b and Argentina - $10b (a total of $269 Billion )

Latin America – Mining Investment

• Australia has 80 junior exploration miners in Latin America up from 20 in 2008

• There were 3 junior Australian miners in Brazil in 2008 there are now 12

• Chinese companies will spend $100b in Latin America by 2020

Latin Resources Limited (ASX Code: LRS)

Mineral exploration and development company

based in mineral rich Peru with a focus on Iron & Mineral Sands

Over 4 years of exploration work and

$14m spent to date

Listed on ASX

September 2010

Over 130,000 hectares of mining concessions in Peru

Strong Management

team

Latin Resources Limited

Achievements since listing on ASX

Completed

exploratory

drilling program

at Ilo

Completed Scoping

Study Guadalupito

Acquired a major

and potential world

class mineral sands

project at

Guadalupito

ASX September 2010

Fe

bru

ary

20

11

Au

gu

st 2

011

De

ce

mb

er

20

11

Se

pte

mb

er

20

12

Completed

Initial JORC

Resource

at Guadalupito

(Snowdens)

Ma

rch

20

12

Signed $52m

investment deal with

Junefield Group

Completed JORC

Resource

of 1.3 B T

Fe

bru

ary

20

13

Peru - Project Portfolio & Strategy

Guadalupito

Iron & Mineral

Sands

Iron, Zircon, Rutile ,

Ilmenite , Gold,

Andalusite

Ilo

Projects

Iron, Copper, Gold

Close to

Port & Infrastructure

Focus on Flagship Project Guadalupito

Develop strong

community relationships

Identify Iron Ore Project in

Brazil

Guadalupito Iron & Mineral Sands Project - Peru

Total holding of over

24,000 hectares

The port town of Chimbote is

25kms South

SiderPeru Steel works (Gerdau Group)

is located in Chimbote

Close to

infrastructure - Port & Hwy

Guadalupito

Project

Chimbote

Port

Guadalupito Iron & Mineral Sands Project

1.3 Billion tonne JORC

Inferred Resource @ 5.7

HM Conceptual exploration

target of over 4 Billion tonnes of mineralized

sediments*

Two Major

Minerals Magnetite 25% of

HM and Andalusite

26% of HM

Discrete liberated mineral grains

of recoverable size of Zircon,

Rutile and Ilmenite

have been identified.

The global Conceptual Exploration Target for Guadalupito has been estimated at between 3.9 and 5.1 Billion tonnes with between 3.2% and 8.4% HM (weighted average 4.5

Bt @ 6.1% HM). The potential quantity and grade is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource and it is uncertain if

further exploration will result in the determination of a Mineral Resource.

The Los Conchales conceptual exploration target of 690Mt @ 6.8% HM is the weighted average figure within the range of 620Mt – 770Mt and 3.6% - 10.1% HM. The target

was estimated from 15 contiguous polygons each delineated to provide an approximately representative area for each of 15 drill holes which had results to date drilled within

a 1,100 hectare area and displaying continuity of geology. Volumes for the polygons were estimated based on the thickness of >1%HM intersections, and the average

measured S.G. of recovered samples assigned to estimate tonnage. Grade variation was estimated using 1 standard deviation variation from the average grade of each drill

intersection. The potential quantity and grade is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource and it is uncertain if further

exploration will result in the determination of a Mineral Resource.

Stage 1 Concept – 15 mtpa Dredging Mining Operation

MINING VOID

HMC STOCKPILE

NON-MAGNETIC

SPIRAL CIRCUIT

GOLD CONCENTRATE

“GOLD CON”

WET TABLE

PORT

SPIRAL CIRCUITSCREENING

WCPSAND

TAILSDredging

LIMS

MAGNETIC

SEPARATION

MAGNETITE

STOCKPILE

LIMS NON-MAGS

HT SEPARATIONNON-MAG

CONDUCTOR

MAGNETIC

SEPARATION

NON-MAGNETIC

NON-CONDUCTORS

MAGNETIC

SEPARATION

CONDUCTORS

NO

N-

CO

ND

UC

TO

RS

MAGNETIC TIO2

PRODUCT

NON-MAGETIC

TIO2 PRODUCT

WET ZIRCON

SPIRAL CIRCUIT

ANDALUSITE

PRODUCT

RE

JE

CT

S

RE

JE

CT

S

NO

N-M

AG

NE

TIC

S

MA

GN

ET

ICS

RE

JE

CT

S

SUPER-CON

CONCENTRATEMSP

NON-MAGNETICS

ZIRCON

CONCENTRATE

FLOTATION

COMBINED TAILINGS

Pig Iron Plant

Ilo District 2008

Latin

Resources

Ilo Port

Latin

Resources

Chile

Southern

Copper

Cuajone – 2,300mt @ 0.48% Cu

Quellaveco - 1007 Mt @ 0.44%

Toquepala – 3,300mt @ 0.47%Cu

Ilo 2013 – Latin Resources controls 130,000 HA

Ilo Port

Ilo Norte

Anaconda

(Antofagasta)

Chile

BHP

Southern

Copper

Tia Maria

640mt @ .39% Cu

Cuajone – 2,300mt @ 0.48% Cu

Quellaveco - 1007 Mt @ 0.44%

Toquepala – 3,300mt @ 0.47%Cu

Ilo Sur

Latin Resources Concessions – 131,000 Ha

• 10 new target areas

located in the Iron Oxide Copper Gold (IOCG) district of the Ilo region of southern Peru

• Excellent infrastructure – roads, power, ports

• Known deposits in the region;

• Porphyry Cu-Au IOCG – Cerro Verde, Tia Maria, Toquepala

• Marcona Iron Ore

Latin Resources Brazil Exploration

Latin Resources – New Exploration Brazil

• Board Strategy to explore for Iron Deposits in Brazil

• Must be close to Port and Infrastructure

• Ability to host 1 billion tonne plus

• Ability to move into production quickly

Excellent Opportunities

• Board Strategy to explore for Iron Deposits in Brazil

• Must be close to Port and Infrastructure

• Ability to host 1 billion tonne plus

• Ability to move into production quickly

New Iron Ore Areas in Brazil

A- Bahia State: – Friable to compact itabirite, ROM require

concentration,

– Public railroad and port projects under development.

B - Amapa State: – Friable itabirite (ROM Fe >40%),

– Unexplored region – Amazon Forest

– Existent railroad and port

C- Rio Grande do Norte, Piauí and Ceará:

– Unexplored area

– Potential for itabirite

– Good Infrastructure

A

B

C

Rio Grande Excellent Infrastructure Current and planned railroads

100 Km

Transnordestina Logistica –

Existent railroad (black lines)

Transnordestina Logistica – Planned

extension and upgrade (yellow line)

Typical Iron Deposits Rio Grande de Norte

Itabirite is formed dominantly by martite and quartz. It is friable to semi-compact near the topographic surface, where it may contain more goethite.

Average Fe grade of fresh itabirite is ~28% Fe. Semi-compact to friable itabirite vary from 30 – 45% Fe

Ore requires beneficiation and concentration

– Crushing, grinding, magnetic separation, flotation

– Mass recovery: 45%

– Pellet feed product with very low level of contaminants

Iron belt is >350 km long by 40 km wide – several iron ore deposits occur in the area

Two iron mines in production - Bonito and Susa

The new Brazilian Mining Code may present new opportunities for exploration licenses to become available

Excellent Opportunities

Port Suape

Port Suape facilities

Sept 2013 23

Other Iron Ore Producers in the Region SUSA Project

250 Mt of iron ore resources @ 37 Fe%

The ongoing shipments of Direct Shipping Ore have an average grade of 62% Fe (70% fines and 30% lumps).

A 5 Mtpa production asset is being planned for, with very low infrastructure investment

The mine is fully serviced by existing utilities and infrastructure; the Port of Natal is about 250 km from the mine by road.

SUSA Project

40 Km

Strategy and Goals for 2014

JORC inferred resource at Guadalupito upgraded to

1.3 Billion tonnes – search for J/V partner

Commence mining planning and production at

Guadalupito

Commence detailed exploration and drilling program at

Ilo Norte and Latin Resources 100% owned Ilo Concessions

Identify Iron Ore projects in Brazil

LRS:ASX Capital Structure

Junefield Group major Shareholder

with 22.3%

Listed on

Australian Stock

Exchange (ASX)

Top 30 Shareholders

represent 70% of shareholding

Shareholding Shares Options

Total Shares 210million 44 million

Market Cap @10c $21 million November 2014 exercisable @20c

Thank you and Questions

Competent Person Statement The information in this report that relates to Geological and Geochemical Data, Exploration Results, Conceptual Exploration Target, Mineral Resources, or Ore Reserves is based on information compiled by Mr Andrew Bristow, a full time employee of Latin Resources Limited’s Peruvian subsidiary. Mr. Bristow is a member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralization and the type of deposit under consideration to qualify as a Competent Person as defined in the December 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr. Bristow consents to the inclusion in this report of the matters based on his information in the form and context in which they appear.

The global Conceptual Exploration Target for Guadalupito has been estimated at between 3.9 and 5.1 Billion tonnes with between 3.2% and 8.4% HM (weighted average 4.5

Bt @ 6.1% HM). The potential quantity and grade is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource and it is uncertain if

further exploration will result in the determination of a Mineral Resource.

The Los Conchales conceptual exploration target of 690Mt @ 6.8% HM is the weighted average figure within the range of 620Mt – 770Mt and 3.6% - 10.1% HM. The target

was estimated from 15 contiguous polygons each delineated to provide an approximately representative area for each of 15 drill holes which had results to date drilled within

a 1,100 hectare area and displaying continuity of geology. Volumes for the polygons were estimated based on the thickness of >1%HM intersections, and the average

measured S.G. of recovered samples assigned to estimate tonnage. Grade variation was estimated using 1 standard deviation variation from the average grade of each drill

intersection. The potential quantity and grade is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource and it is uncertain if further

exploration will result in the determination of a Mineral Resource.