Developing a World Class Gold Depositin Australia’s Premier Goldfield

WDTT Forum Kalgoorlie-BoulderOctober 2013

Important Information

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES OR TO US PERSONS.DisclaimerThis investor presentation (Presentation) has been prepared by Bullabulling Gold Limited (Bullabulling). The Presentation and information contained in it is being provided to shareholders and investors for information purposes only. Shareholders and investors should undertake their own evaluation of this information and otherwise contact their professional advisers in the event they wish to buy or sell shares.

Summary informationThis Presentation contains summary information about Bullabulling and its subsidiaries and their activities current as at the date of this Presentation. The information in this Presentation is of a general nature and does not purport to be complete. It should be read in conjunction with Bullabulling’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au or www.bullabullinggold.com.

Not a prospectusThis Presentation is not a prospectus under the Corporations Act 2001 (Cth) and has not been lodged with the Australian Securities and Investment Commission.

ASX ReleasesInvestors are advised that by their nature as visual aids, presentations provide information in a summary form. The key information on detailed Resource and Reserve statements and pre-feasibility results can be found in Bullabulling’s ASX releases. ASX releases can be found at www.bullabullinggold.com. Resource and Reserve statements are appended to comply with ASX guidelines but investors are urged to read supporting information in full on the website.

Not financial product adviceThis Presentation is for information purposes only and is not financial product or investment advice or a recommendation to acquire Bullabulling shares and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. Bullabulling is not licensed to provide financial product advice in respect of Bullabulling shares. Cooling off rights do not apply to the acquisition of Bullabulling shares.

Financial DataAll dollar values are in Australian dollars (A$) unless stated otherwise.

Past performancePast performance information given in this Presentation is given for illustrative purposes only and should not be relied upon (and is not) an indication of future performance.

Future performanceThis Presentation contains certain “forward-looking statements”. Forward-looking words such as, “expect”, “could”, “may”, “plan”, “will”, “estimate”, “target” and other similar expressions are intended to identify forward-looking statements within the meaning of securities laws of applicable jurisdictions. Forward-looking statements, opinions and estimates provided in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Such forward-looking statements, opinions and estimates are not guarantees of future performance and are subject to risks and uncertainties.

Forward-looking statements including projections, guidance and estimates are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. This presentation contains such statements that are subject to risk factors associated with the mining industry. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of variables which could cause actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. Such forward-looking statements only speak as to the date of this Presentation and Bullabulling assumes no obligation to update such information.

Investment riskAn investment in Bullabulling shares is subject to investment and other known and unknown risks, some of which are beyond the control of Bullabulling. Bullabulling does not guarantee any particular rate of return or the performance of Bullabulling. Persons should have regard to the risks outlined in this Presentation.

Not an offerThis Presentation does not constitute an offer, invitation or recommendation to subscribe for or purchase any security and neither this Presentation nor anything contained in it shall form the basis of any contract or commitment. In particular, this Presentation does not constitute an offer to sell, or solicitation of an offer to buy, securities in the United States or to any person that is, or is acting for the account or benefit of a “US Person” (as defined in Regulation S under the Securities Act of 1933 (the “US Securities Act”). This document may not be distributed or released into or within the United States or to any US Persons. The securities in the proposed offering have not been, and will not be, registered under the US Securities Act or under any applicable securities laws of any State or other jurisdiction of the United States. Accordingly, the securities in the proposed offering may not be offered, sold, taken up, exercised, resold, pledged, renounced, transferred or delivered, directly or indirectly, into or within the United States or to, or for the account or benefit of, US Persons, except in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act and any other applicable securities laws of any State or other jurisdiction of the United States. The securities in the proposed offering are being offered and sold outside the United States to persons that are not US Persons, or acting for the account or benefit of, US Persons, in reliance on Regulation S under the US Securities Act.

Competent Person StatementThe information in this Presentation relating to exploration results, mineral resources and ore reserves is based on information compiled by Mr Trevor Pilcher who is a member of the Australasian Institute of Mining and Metallurgy and is a full time employee of Bullabulling. Mr Pilcher is a qualified geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking, to qualify as a Competent Person as defined in the “Australasian Code for Reporting of Exploration Results , Mineral Resources and Ore Reserves (The JORC Code 2004 Edition)”. Mr Pilcher consents to the inclusion in this Presentation of the matters based on the information, in the form and content in which it appears.

Corporate Overview

Board and Management• Peter Mansell – Non-executive Chairman

Corporate lawyer, former national head of Herbert Smith Freehills Australia

• Ronnie Beevor – Non-executive DirectorInvestment banker, former head of Rothschild Australia

• Brett Lambert – CEO / Managing DirectorQualified Mining engineer (WASM), 30 years experience in operations, project development and company administration

• David McArthur – CFO / Company SecretaryChartered accountant, 30 years experience predominantly in resources

• Mark Braghieri – General Manager DevelopmentMining Engineer, extensive experience in large scale open pit mining and project development

• Trevor Pilcher – Chief Project GeologistExtensive experience in gold exploration, mining geology and mine establishment

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Capital Structure• Dual listed – ASX code BAB, AIM code BGL• 341.7 million fully paid shares

— ASX 165.3 million, AIM 176.4 million• 15.4 million unlisted options

Key Shareholders • Baker Steel Capital Managers 10.5%• Resolute Mining 5.9%• AIMS Asset Management 4.1%• CQS/New City Investment Managers 2.0%• Close Asset Management 1.8%• Schröder Equities 1.3%• Henderson Global Investors 1.2%

Bullabulling Gold Project Overview

• 3.8 million oz JORC-compliant resources– On granted mining leases

• Large single body of mineralisation– Delivers true economies of scale

• Amenable to large scale bulk tonnage mining and conventional CIL processing– Low technical risk

• 370,000oz produced historically– Less than10% of the resource base– Significantly de-risks the current

project• Close to established mining centres

– Local skilled workforce– Established local service providers– Key infrastructure

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Mineral Resources

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Bullabulling Mineral Resources Tonnage Grade Cont’d GoldIndicated Resource 72.4 Mt 0.98 g/t 2,279,000 ozInferred Resource 36.7 Mt 1.11 g/t 1,305,000 ozTotal Resource 109.1 Mt 1.02 g/t 3,584,000 oz

Gibraltar Mineral Resources Tonnage Grade Cont’d GoldInferred Resource 4.8Mt 1.15g/t 177,000 oz

Total Mineral Resources Tonnage Grade Cont’d GoldIndicated and Inferred Resource 113.9 Mt 1.03 g/t 3,761,000 oz

Tonnage-Grade TableCut-off Tonnes Grade Gold

1.0 g/t 34.8 Mt 1.79 g/t 2.0 Moz

0.7 g/t 64.2 Mt 1.35 g/t 2.8 Moz

0.6 g/t 84.0 Mt 1.19 g/t 3.2 Moz

0.5 g/t 113.9 Mt 1.03 g/t 3.8 Moz

0.4 g/t 152.5 Mt 0.87 g/t 4.3 Moz

0.3 g/t 208.1 Mt 0.73 g/t 4.9 Moz

Bullabulling Gold ProjectPreliminary Site Layout

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Gt Eastern Highway

Powerline

Potential Realignment

Resource & Pit Cross-sections

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Cross-section at6 568 250 mN

Cross-section at6 566 750 mN

Historic Pit

Pit Design

Pit Design

500 m

190 m

180 m

900 m

Proposed Development

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• Bulk tonnage open pit mine• Conventional CIL processing – 7.5 Mtpa throughput• Mining inventory of 94.7 Mt at 0.84g/t mined – 2.6 Moz gold• Strip ratio 3.6:1, plant recovery 87.3%• Initial mine life of 13 years • Average gold production of 175,000 ozpa• Establishment cost $440 million

– including $82M mining equipment• All-up cash cost US$930/oz• On-site construction workforce – 180• On-site operations workforce – 200

The Goldfields’ second largest gold plant after the Super Pit