Investor Presentation

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September 2012

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Acknowledgement & Disclosure

This presentation may contain certain statements and projections provided by or on behalf of Red Gum Resources Ltd(RGX) with respect to the anticipated future undertakings. These forward-looking statements reflect variousassumptions by or on behalf of RGX. Accordingly, these statements are subject to significant business, economic andcompetitive uncertainties and contingencies associated with exploration and/or mining which may be beyond the controlof RGX which could cause actual results or trends to differ materially, including but not limited to price fluctuations,exploration results, ore reserve and mineral resource estimation, environmental risks, physical risks, legislative andregulatory changes, political risks, project delay or advancement, ability to meet additional funding requirements, factorsrelating to title to properties, native title and aboriginal heritage issues, dependence on key personnel, share pricevolatility, approvals and cost estimates. Consequently, there can be no assurance that such statements and projectionswill be realised. Neither RGX, or any of its affiliates, advisers, consultants, agents or any of their respective officers oremployees (Relevant Parties) make any representations as to the accuracy or completeness of any such statement ofprojections or that any forecasts will be achieved.

Additionally, RGX makes no representation or warranty, express or implied, in relation to, and to the fullest extentpermitted by law, no responsibility or liability (whether for negligence, under statute or otherwise) is or will be acceptedby RGX as to or in relation to the accuracy or completeness of the information, statements, opinions or matters(express or implied) arising out of, contained in or derived from this Presentation or any omission from this Presentationor of any other written or oral information or opinions provided now or in the future to any Recipient or its advisers. Infurnishing this presentation, RGX undertakes no obligation to provide any additional or updated information whether asa result of new information, future events or results or otherwise. Nothing in this material should be construed as eitheran offer to sell or a solicitation of an offer to buy or sell securities.

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Corporate Snapshot

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Shareholder %Torey Marshall Family A/C 18.07

Shaw Jones Super Fund A/C 10.00

Norman Joseph Zillman 9.34

Tigermoth Investments Ltd 3.63

Sakura Capital  Ltd 3.33

Warman Investments Pty Ltd 3.02

Rockmaster Pty Ltd 1.93

Mr Ross James Thomas 1.89

Washington H Soul Pattinson and Company Limited

1.67

Bannerblock Super Fund A/C 1.57

Top 20 65.00

Directors and Senior Management

Chairman Dr Ray Shaw

Managing Director Dr Paul Pearson

Executive Director Torey Marshall

Company Secretary Mal Lucas‐Smith

Corporate Overview @ 1.8.12

ASX RGX

Share Price $0.055

Market Cap $4.12m

Shares on Issue 74.98m

Unquoted Stock Options @ 30.6.12

4m

Cash $2.79m @ 30.6.12

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Company Overview

• Corporate Strategy – Explore and exploit multi-commodity assets in Latin America– Provide risk diversification – Growth to be achieved through systematic exploration and effective project identification

• Potent Execution Strategy– Since Jan. 2012 IPO, RGX has confirmed polymetallic mineralisation at its La Negra Project in Chile– Demonstrated operational capability following successful completion of La Negra Project drilling program– High grade metals confirmed in surface sampling at Cerro Huancash Project in Peru– Capitalising on strong in-house Latin American expertise and networking to guarantee flow of further, high quality,

counter-cyclical opportunities

• Diverse Portfolio of Assets - Base and Precious Metals in South America– Latin American focus; high value exploration ground held in Chile and Peru– 100% ownership of tenements providing effective funding optionality– High-Grade Zinc / Lead / Copper / Silver / Gold project pipeline– Multi-commodity exposure

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Chile

La Negra Mineralisation Discovery• Polymetallic (Zn, Pb, Ag + Au) mineralisation

confirmed by 12 holes (totalling 2,520m) of current year drilling along 400 m segment of breccia unit

• Significant Upside - with total outcropping mineralised breccia strike length exceeding 1300 m

• Mineralised breccia conforms to anomalous surface geochemistry halos and chargeability anomaly mapped in 3D induced polarisation survey

• Relatively thin oxidised zone overlying sulphide resource target

• Independent preliminary metallurgical testing by Promet 101 confirms La Negra sulphide ores appear highly amendable to separation through conventional sulphide flotation circuits

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La NegraFor

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La Negra ‐ Location

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Los PelambresLa Negra

El AbraChuquicamata

GabyZaldivar

EscondidaChimborazo

El SalvadorPotrerillos

La Fortuna

RosarioQuebrada Blanca

CopaquireCerro Colorado

SpenceSierra Gorda

CentinelaPolo Sur

Lomas Bayas

Relincho

ToquepalaQuellavecoCuajone

Cerro Verde

Mocha

Los Azules

Chile

Andacollo

PascuaEl Indio

RefugioLa Coipa

GuanacoEl Penon

SANTIAGO

LA SERENA

ANTOFAGASTA

Copper Deposits

Gold Deposits

Candelaria

Manto Verde

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La Negra – Geochem. and Drilling

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La Negra – Drilling in Detail

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La Negra – Drilling in Detail

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Sphalerite (zinc), galena (lead) and pyrite (iron) sulphide mineralisation in drill hole RDN005

BEST RESULTS

• RDN‐001 from 25.0 to 50.0 metres downhole: 25.0 metres assaying 2.40% zinc, 0.71% lead, 0.23% copper and 20.3 g/t silver, including higher grade intervals up to 2.0 metres wide grading 7.22% zinc, 1.32% lead 0.45% copper and 30.3 g/t silver;

• RDN‐002 from 0 to 40.0 metres downhole: 40.0 metres assaying 2.94% zinc, 1.55% lead and 20.2 g/t silver, including higher grade intervals up to 5.0 metres wide grading 7.34% zinc, 5.67% Lead, 0.23% copper and 78 g/t silver;

• RDN‐005 from 51.0 to 87.0 metres downhole: 36.0 metres assaying 1.63% zinc, 1.47% lead, 12.0 g/t silver and 0.49 g/t gold;

• RDN‐010 from 18.0 to 54.0 metres downhole: 36.0 metres assaying 0.74% zinc, 0.61% lead, 0.11% copper, 7.0 g/t silver and 0.15 g/t gold.

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La Negra – Summary

• RGX successfully operated drilling program via Combarbalá field office • Drilling program has realised a number of potentially economic base-

precious metal intersections• Favourable metallurgical characteristics indicated by preliminary test work• Near surface mineralisation suggests La Negra very amendable to future

open-cut exploitation• RGX now owns Project 100% following exercise of option• Large mining companies (eg. Vale, Antofagasta, Glencore) operating nearby

and La Negra is located close to key infrastructure and the coast• La Negra represents a substantial polymetallic zone which requires further

drilling for resource definition• Field results will form the basis for 3rd party introduction and funding of

future drilling resource delineation

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Cerro Huancash and Chongos Projects

• Targeting polymetallic (Zn, Pb, Ag + Au) mineralisation

• Projects owned 100% by Red Gum

• Cerro Huancash Project immediately adjacent to Southern Peaks Mining copper-zinc-gold-silver development project

• Located in world class Central Peruvian Metallogenic Belt.

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Cerro Huancash& Chongos

Peru – ‘Mining Country’F

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Peru – ‘Mining Country’

• Projects located within the proven Central Peruvian Polymetallic Belt and hub of booming exploration activity

• Close to infrastructure including road, rail, refineries and processing plants

• Neighbours include Glencore, Pan American Silver,Southern Peaks and Chinalco

• Two projects in four licences• Located in “miner friendly”

region of Peru • Access agreements in place

with local landowners

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-12 °

-11 °

-76

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-75

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PACIFIC

OCEAN

HIGHWAY

RAILWAY

SMELTER

KEY

kms100

MAJOR MINE/ DEPOSIT

CERROHUANCASH

CHONGOS

LIMA

CERRO DE PASCO

HUANCAVELICA

LA OROYA

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Cerro Huancash Project• One licence of 575.6 hectares

• Zinc, lead, copper, silver, gold targets over 3 kms of prospective “Ariana Corridor”

• Southern Peaks Mining recently announced preliminary non 43-101 resources:

• Ariana Norte: 19.74 Mt @ 1.65% copper, 2.06% zinc, 0.09% lead, 0.79g/t gold and 31g/t silver

• Ariana Sur: 0.329 Mt @ 0.15% copper, 1.97% zinc, 1.04% lead and 230 g/t silver

• Southern Peaks Mining currently undertaking development drilling a few hundred metres north of RGX claim boundary (funded by Barclays Finance)

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Map showing mineralized trend, Ariana Norte and Ariana Sur Prospects, plus Red Gum Resources claim (light blue) and claims controlled by Southern Peaks Mining/Pan American Silver (light green). 

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Cerro Huancash Project

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Geological Mapping, Ground Magnetics and Rock Sampling supports the extension of the “ArianaCorridor”, an emerging new polymetallic trend in central Peru, traversing the Cerro Huancash Project

Rock Sampling conducted by RGX reported high grade Zn, Pb, Cu, Ag, + Au from old workings hosted by discontinuous skarn outcrops over +1.2 x 0.4 km area: 

• Zn assays up to 19.0%, Pb up to 17.75%, Cu up to0.89%, with 17 (41%) of the samples reporting >1% of Zn  or Pb (or both)

• Ag  assays up to 2,460 g/t, with 12 (29%) of samples reporting >100 g/t Ag and 5  reporting >500 g/t Ag

• Au  assays up to 0.74 g/t, with 15 (37%) reporting >0.1 g/t Au

Preliminary Magnetic Image of southern sector of Cerro Huancash (analytical signal). 

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Chongos Project• Located 180 kilometres southeast of Lima• Comprises three separate blocks covering approx. 9 kms

strike length of strong zinc and lead anomalism in iron-and manganese-stained sequence of folded limestones

• 100% held by Red Gum

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Why Invest in Red Gum?

• Demonstrated ability to execute business strategy

• Demonstrated ability to identify superior exploration opportunities

• Strong in-house Latin American expertise ensures sound operational abilities and flow of new, high-quality, opportunities

– Identified potential commercial, polymetallic mineralisation at the previously undrilled La Negra site

– Substantially upgraded the prospectivity of the Cerro Huancash Project in Peru, demonstrating continuation of the Ariana polymetallic mineralisation zone currently being developed in adjacent tenement

• 100% ownership of projects provides future funding optionality

• Significant upside, and extremely competitively priced relative to junior explorer peers

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Contact

Red Gum Resources Limited (ASX : RGX)Suite 9 Lester Court

75a Angas StreetAdelaide, SA, 5000

Dr Paul Pearson, Managing Directorppearson@redgumresources.com

Tel: 08 8212 5724

www.redgumresources.com

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