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Investor Presentation – August 2013 Shane Mele Managing Director ASX Code: KDR kidmanresources.com.au For personal use only

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Page 1: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Investor Presentation – August 2013

Shane Mele Managing Director

ASX Code: KDR kidmanresources.com.au

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Page 2: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Kidman Focus

Barrow Creek Project, NT; Home of Bullion – Main focus

100% owned – aquired in May 2012

Poly-metallic massive sulphide deposit (Cu, Pb, Zn, Ag, Au)

Multiple high grade intercepts >4% copper

19 results pending

Open at depth with DHEM guiding upcoming drilling

Prospect D – Ni/Cu deposit with untested DHEM targets

Crowl Creek Project, NSW

Strong holding in highly productive Cobar Belt

Targeting poly-metallic deposits (Cu, Au, Ag, Pb, Zn)

Wilmatha Prospect (Cu-Au-Ag)

potential porphyry copper system

2 untested IP targets ready for RC drilling

“Melbourne based exploration company with high grade Home of Bullion copper project in NT and strategically positioned tenements in NSW”

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Page 3: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Directors & Key Management

Garrick Higgins (Chairman, Non-Executive Director)

Shane Mele (Managing Director)

Andrew McIlwain (Non-Executive Director)

Justin Mouchacca/Melanie Leydin (Company Secretaries)

ASX Code KDR

Shares on Issue 84.4M

Share Options (Nov 13 KDRO) 25.6M

Top 20 Shareholders 37%

Market Cap @ *0.265c $22.7M

Cash (end Jun 2012) $1.9M

Corporate Snapshot

KDR: 6 Month Price Chart (end 9th Aug)

*share price at market close 9/8/2013

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Page 4: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Home of Bullion – 1st Year Achievements

Completed 100 drillholes for 16,000m

Delivered multiple high grade copper intersections

Best intercepts include;

Main Lode: 5.9m @ 3.4% Cu, 1.3% Pb, 5.3% Zn, 50.7g/t Ag, 0.4 g/t Au (open)

5m @ 6.5% Cu, 0.6% Pb, 2.75% Zn, 53g/t Ag, 0.6g/t Au

Southern Lode: 26m @ 4.6% Cu, 5.5% Pb, 1.84% Zn, 142.9g/t Ag (open at depth)

15m @ 5.9% Cu, 0.9% Pb, 3.6% Zn, 37.3g/t Ag

Main Lode tested to -310mbs & Southern Lode tested to -220mbs (intercepts in bold above)

Discovered new “blind” massive sulphide zone using modern geophysical methods

Completed detailed geophysics surveys including; aeromagnetics, gravity, & electromagnetics

Focussed structural mapping program – conceptual ore deposit model refined

Preliminary metallurgical test-work

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Page 5: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Current RC drill program <3km from HOB

20 RC drillholes for 3000m

targets tested;

Southern Lode, Main Lode

West, Anvil, Tin Can

Camp, & Redback

Assays pending for 19 drillholes

DHEM to commence shortly

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Page 6: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Latest Intercept - 26m @ 4.6% Copper

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Page 7: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Southern Lode Sections

Longsection (looking southwest)

Assays pending for further 9 drillholes

DHEM to commence on recent drillholes

Cross-section (looking northwest)

HRC035 extended due to strong DHEM target

Steeper dip (70 degrees) than Main Lode

Open at depth

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Page 8: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Upcoming Drill Program

Phase 1

Main & Southern Lodes to -600m below surface

12 drillholes for 5000m

Parent drillhole with 5 wedges

DHEM to guide drilling towards copper rich zones

Phase 2

Resource program (nominal 50x50m)

20 drillholes for 5000m

All wedges off parent drillhole – time/cost effective

Ongoing DHEM guide drilling towards copper rich zones

Commencing September

Resource Target: >5Mt

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Page 9: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Oblique View – Upcoming Drill Program

DHEM plates

Phase 1: 12 DDHs

Phase 2: 20 DDHs

Southern Lode Main Lode

HDD034 (deepest intercept)

5.9m @ 3.4% Cu, 1.6% Pb,

6% Zn, 54.5g/t Ag

HRC035 (deepest intercept)

26m @ 4.6% Cu, 5.5% Pb,

1.84% Zn, 142.9g/t Ag

surface surface

-250 mbs

-500 mbs

-250 mbs

North

Proposed Drill Program

Drill Intercepts

>0.5% Cu

> 2 % Cu

> 1 % Cu

> 4 % Cu -600 mbs

-220 mbs

-330 mbs

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Page 10: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Massive sulphides in drillcore

HDD034 (Main Lode)

5.9m @ 3.4% Cu, 1.6% Pb, 6% Zn, 54.5g/t Ag

Sulphides contain chalcopyrite, pyrite,

pyrrhotite, galena & sphalerite, also magnetite

DHEM conductor open at depth

HDD037 (Southern Lode)

5.7m @ 2.2% Cu, 0.3% Pb, 3.9% Zn, 14.8g/t Ag

DHEM conductor open at depth

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Page 11: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Structural Mapping

HOB in hinge centre of 2km wide antiform

High-strain zone of isoclinal fold

Shear/amphibolite intersection controlling

ore deposits?

Mineralisation plunges NE

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Page 12: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Ore Deposit Model – VMS/Cobar style??

Main Lode

Southern Lode Anvil

Red Back

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Page 13: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

NSW Projects

Cobar Belt - Proven history

Multiple poly-metallic deposits

Long minelife 30+ years

>100Mt production

close to Gilmore Suture

Kidman Tenements

Strong foothold in belt

Multiple untested targets

Wilmatha (2 new IP targets)

Anaconda (DHEM target)

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Page 14: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

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NSW Focus

Wilmatha Prospect Cu-Au (Ag, Pb, Zn) Epithermal/Porphyry target

Blind Calf Prospect Cu-Au (Ag, Pb, Zn) Cobar style target

Anaconda Prospect Cu-Au (Ag, Pb, Zn) Cobar style target

Mineral Hill Mine In production 2011

Gilmore suture

10 kms

Kidman Tenements

“Significant copper” intercepts Strong IP target

“Significant copper” intercepts DHEM target untested

Multiple “high grade copper” intercepts

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Page 15: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Wilmatha Planview - strong IP targets

IP Survey identified 2 “blind” chargeable zones

Proposed 2 Phase Drill Program

1. Shallow Eastern (120m below surface)

3 RC drillholes for 600m

2. Deeper Central (>300m below surface)

6 drillholes for 1600m

Wilmatha Granite

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Page 16: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Wilmatha -3D Model of chargeable zones

“Highly chargeable zones”

shallow target to test first

deeper targets

-200mbs

-600mbs

-400mbs

KC045 3m @ 1.45% Cu

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Page 17: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Exploration Outlook

1. More assay results to come – 19 drillholes pending from current RC program

First result; 26m @ 4.6% Cu, 5.5% Pb, 1.84% Zn, 142.9g/t Ag (open at depth)

2. HOB Deeps Diamond Drill Program

Main Lode & Southern Lode to -600mbs

32 drillholes for 10,000m

Commence in September

Resource Target >5Mt

3. Confirm Wilmatha IP target

3 RC drillholes to confirm shallow and strong IP target

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Page 18: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Summary

100% project ownership

High grade zones open at depth (tenor of grade increasing?)

Experienced & focussed exploration team – money spent in ground

Active work programs with strong news flow

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Page 19: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Preparation This Information Presentation has been prepared by Kidman Resources Ltd (ACN 143 526 095) (“Kidman Resources” or “Company”) to provide prospective investors in the Company with general information to assist them in deciding whether they wish to undertake their own investigation or consider a possible investment in the Company. This Information Presentation is based on information and material collated, prepared by and supplied to the Company and from publicly available information. The Company has not independently verified the reliability, completeness or accuracy of certain of the information and materials contained in this Information Presentation and does not represent that such information and materials are reliable, complete or accurate. This Information Presentation is not a prospectus and does not constitute an offer or invitation or recommendation to any person and has been prepared solely for use by persons who are deemed to be “sophisticated investors” as described in the Corporations Act. Projections and Assumptions The projections and assumptions in this Information Presentation are indicative only and are not and should not be relied upon as representations as to future matters. The projections are based on assumptions that may or may not prove to be correct. The recipient must make its own independent assessment and investigation of those projections and assumptions. Disclaimer The Company and its respective shareholders, directors, partners, employees, officers, agents, consultants or advisors disclaim (to the maximum extent permitted by law) all duties and liabilities, including liability for negligence, for any loss or damage which is suffered or incurred by any person acting on any information provided or omitted to be provided by any of them in connection with an investment in the Company or any statements, opinions or matters (expressed or implied) arising out of, or contained in, or derived from, such information.

Disclaimer

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Page 20: Investor Presentation August 2013 For personal use only · Investor Presentation ... Share Options (Nov 13 KDRO) 25.6M Top 20 Shareholders 37% Market Cap @ *0.265c $22.7M Cash (end

Competent Persons Statement

The information in this release that relates to exploration results and geological interpretation has been compiled by Mr Shane Mele BSc, (Hons) M.Econ.Geol., MAusIMM. Mr Mele is a Member of the Australian Institute of Mining and Metallurgy and he has sufficient experience with the style of mineralisation and types of deposits under consideration, and to the activities undertaken, to qualify as a competent person as defined in the 2004 Edition of the "Australian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code) for reporting the exploration results. Mr Mele consents to the inclusion in this report of the contained technical information in the form and context in which it appear.

Information regarding drilling/assaying data 1. Drilling was completed using a RC face sampling hammer or HQ/NQ diamond core. 2. Sample recoveries were considered adequate for all samples. 3. Drillcore has been, or is still to be, logged in detail based on lithology, mineralisation, and alteration. 4. Samples for analysis were collected by cone splitter sampling, hand spearing or by sawing core in half. 5. Samples were submitted as 4m composite chip samples, 1m chip samples or 1m half-core intervals unless a geological contact was used. 6. Samples were analysed at ALS Chemex utilising methods: Au‐AA26 for Au (fire assay); ME‐ICP41 for multi-element including Ag, Cu, Pb, Zn; Ag-OG46 for >100 g/t Ag; Cu-OG46 for >1% Cu; Pb-OG46 for >1% Pb; and Zn-OG46 for >1% Zn. 7. Drillhole collars were surveyed by handheld GPS and will be surveyed in using a DGPS 8. Downhole surveys were conducted using a single-shot reflex camera. *Copper Equivalent Calculation Explanation: The copper equivalent (CuEq) calculation represents the total metal value for each metal, multiplied by the conversion factor, summed and expressed in equivalent copper percentage. These results are exploration results only and no allowance is made for recovery losses that may occur should mining eventually result, nor metallurgical flowsheet considerations. The copper equivalent calculation is intended as an indicative value only. Copper equivalent conversion factors and long‐term price assumptions used follow: Copper Equivalent Formula (CuEq) = Cu% + Ag(ppm)x0.012 + Au(ppm)x0.625+ Pb%/Cu+Zn%/Cu; Price Assumptions‐ Cu (US$7,500/t), Ag (US$30/oz), Au (US$1,500/oz), Pb (US$1,900/t), Zn(US$1,900/t).

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