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Platina Resources Limited Rob Mosig, Managing Director Greenland Sustainable Mineral & Petroleum Development Conference 2010

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Platina Resources Limited

Rob Mosig, Managing Director

Greenland Sustainable Mineral & Petroleum Development Conference 2010

DisclaimerThis presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of Platina Resources Limited (“Platina”), its subsidiaries and its projects, the future price of platinum group metals (“PGM’s”), the estimation of mineral resources, operating and exploration expenditures, costs and timing of development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation, environmental risks, reclamation expenses, title disputes or claims and limitations of insurance coverage. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Platina and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of PGM’s; possible variations of ore grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accident, labor disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although Platina has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this presentation and Platina disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Platina undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Cautionary note to United States Investors concerning estimates of Measured, Indicated and Inferred Resources: This presentation uses the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations (under National Instrument 42-101 Standards of Disclosure for Mineral properties), the United States Securities and Exchange Commission does not recognize them. United States investors are cautioned not to assume that all or any part of Measured or Indicated Resources will ever be converted into Mineral Reserves.

• Brief Platina Resources Overview

• Skaergaard Project

• PGM & Gold Market Highlights

Agenda

Greenland – A Major Exploration and Mining Frontier

Project Locations• Global portfolio of emerging gold and PGM projects in Greenland

and Australia

Vision• Platina Resources Limited is focused on

building shareholder wealth through the exploration & development of gold and PGM projects globally

• The Company’s intention is to become a PGM and gold producer through the development of one or more of its projects and to continue aggressive exploration for PGM’s and gold globally

• Platina is at the forefront of exploration in Greenland, one of the world’s last untapped mineral frontiers

Skaergaard Project, Greenland• At forefront of a new generation of

significant mineral projects in Greenland• Located 400km west of geothermal

power-rich Iceland• 100%-owned (no production royalties)• World-class resource containing 5.8Moz

gold, 2.03Moz palladium and 0.17Moz platinum

• Pre-Feasibility Study well advanced with positive Scoping Study review recently completed by GRD Minproc

• Aiming to complete Pre-Feasibility Study by late 2011 to facilitate rapid transition to Definitive Feasibility Study (DFS) in 2012

Geology

Skaergaard Project

Skaergaard Project• Inferred Resource Estimate

Grades Contained Metal

ZoneMetric

Tonnes (millions)

Au(g/t)

Pd(g/t)

Pt(g/t)

Au(Moz)

Pd(Moz)

Pt(Moz)

Combined Zone 1,520 0.21 0.61 0.04 10.3 29.6 2.0

Contained within the Combined Zone

Gold Zone 107 1.68 0.59 0.05 5.8 2.0 0.2

Palladium Zone 104 0.11 1.91 0.16 0.4 6.4 0.5

* Inferred Resource Estimate calculated under Canadian National Instrument 43-101. Skaergaard Inferred Resource Estimate for the Combined Zone, Au Zone and Pd Zone. Calculated by Roscoe Postle Associates Inc (2005) and verified by AMC Consultants Pty Ltd (2009).

Skaergaard Project – Current Status• Positive Scoping Study Review completed by GRD Minproc in October 2009

• Confirmed viability of conceptual 2.4Mtpa underground mine development

• Room & pillar mining identified as the preferred underground mining method

• Operating costs ranging from US$49-81/tonne

• Capital expenditure estimate of US$166 million does not include infrastructure costs (accuracy of + 40%)

Skaergaard – Metallurgical Testwork

• Excellent bench-scale metallurgical recoveries

of gold, palladium and platinum achieved from

bulk samples – up to 92.7% gold recovery via

flotation…Test Number Head Grade (g/t) Mass Pull

(%)Recovery (%) Cum. Grade (g/t)

Au Pd Au Pd Au Pd

GJ3216 1.55 0.47 3.4 88.1 88.8 40.6 12.4

GJ3217 1.41 0.49 3.6 89.4 78.5 34.9 10.8

GJ3218 1.50 0.49 4.9 88.7 80.1 27.5 8.2

GJ 3236 1.52 0.48 4.8 92.7 88.9 29.5 8.9

GJ 3237 1.50 0.47 3.8 86.9 83.9 34.4 10.4

GJ 3238 1.47 0.48 5.9 91.6 89.7 22.9 7.3

GJ 3239 1.48 0.51 4.7 90.7 86.9 28.5 9.5

Skaergaard Project• Underground Processing Plant

Reduced:Surface infrastructureCAPEXOPEXLabor

Minimal environmental impact (noise, dust)Smaller TSF footprintImproved Mine Call FactorMaximum 50tphGravity, Flotation650µm (VSI)A$ 8/t (excl. Labor)5m x 5m

• Distinctive trend – high grade Au located immediately above PGM-rich zone within Au zone.

• Western border of the intrusion.

• Region of coherent 2g/t and 3g/t contours identified within 7.5km² area.

• Evidence that high grade area could contain combined grades >3g/t Au and PGM.

• Increase drilling required to demonstrate continuity.

Skaergaard ProjectProposed 2010 Drilling

Major Considerations

• Consider harsh climatic conditions, terrain and restricted access (sea ice).

• Minimise surface infrastructure and associated cost:– Cladding– Power (heating)

• Cash flow– Produce dorē and concentrate

UNDERGROUND PROCESSING PLANT

• REDUCED SURFACE INFRASTRUCTURE

• REDUCED CAPEX/OPEX

• REDUCED LABOUR COMPONENT

• REDUCED POWER REQUIREMENT

MAXIMISE USE OF GRAVITY

• REDUCED SURFACE INFRASTRUCTURE

• REDUCED CAPEX/OPEX

• IMPROVED NPV

• IMPROVED CASH FLOW DUE TO HIGHER PAYABLE METAL CONTENT AND YEAR ROUND SHIPPING

• CYANIDE FREE PROCESS ROUTE PREFERRED UNLESS SIGNIFICANT ECONOMIC BENEFIT (TABLE TO DIRECT SMELT)

• BY-PRODUCTS CREDITS NOT CONSIDERED

• HPGR TECHNOLOGY – CAPITAL, OPEX, TRANSPORT LOGISTICS

Skaergaard Project

Platina Resources Overview

(1) Source MEG: Includes active projects in either the resource development, feasibility or preproduction stage.

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Pla

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Kingas

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5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

35,000,000

World's Largest Palladium Deposits (1)

Pd

Co

nta

ine

d O

z

PGM & Gold Market Highlights

19901990199019901990199019901990199019901990199019901990199019901990199019901990199019901990199019911991199119911991199119911991199119911991199119911991199119911991199119911991199119911991199119921992199219921992199219921992199219921992199219921992199219921992199219921992199219921992199319931993199319931993199319931993199319931993199319931993199319931993199319931993199319931993199419941994199419941994199419941994199419941994199419941994199419941994199419941994199419941994199519951995199519951995199519951995199519951995199519951995199519951995199519951995199519951996199619961996199619961996199619961996199619961996199619961996199619961996199619961996199619961997199719971997199719971997199719971997199719971997199719971997199719971997199719971997199719971998199819981998199819981998199819981998199819981998199819981998199819981998199819981998199819981999199919991999199919991999199919991999199919991999199919991999199919991999199919991999199920002000200020002000200020002000200020002000200020002000200020002000200020012001200120012001200120012001200120012001200120012001200120012001200120012001200120012001200120012001200120012001200120022002200220022002200220022002200220022002200220022002200220022002200220022002200220022002200320032003200320032003200320032003200320032003200320032003200320032003200320032003200320032003200420042004200420042004200420042004200420042004200420042004200420042004200420042004200420042004200520052005200520052005200520052005200520052005200520052005200520052005200520052005200520052005200620062006200620062006200620062006200620062006200620062006200620062006200620062006200620062007200720072007200720072007200720072007200720072007200720072007200720072007200720072007200720072008200820082008200820082008200820082008200820082008200820082008200820082008200820082008200820082009200920092009200920092009200920092009200920092009200920092009200920090

500

1,000

1,500

2,000

2,500

0

500

1,000

1,500

2,000

2,500

Gold Palladium Platinum

$/Ounce $/Ounce

PGM & Gold Market HighlightsGold Long Term Investment Demand Has Shifted Upwards

6667686970717273747576777879808182838485868788899091929394959697989900010203040506070809p

10p

11p

12p

13p

14p

15p

16p

17p

18p

-10

0

10

20

30

40

50

60

-10

0

10

20

30

40

50

60

Actual

Million OuncesMillion Ounces

Projections

Investment Demand

PGM & Gold Market HighlightsBRIC Vehicle Sales In Relation To Global Vehicle Sales

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

99 00 01 02 03 04 05 06 07 08 09p

Global BRIC

Thousand Vehicles Thousand Vehicles

PGM & Gold Market HighlightsPercentage of Supply Held by ETFs• In recent years, a growing proportion of PGM supply is being held by ETFs. Investment demand via ETFs has been

the driving force behind platinum and palladium prices, consuming excess supply and offsetting some of the weakness in fabrication demand. New ETFs are slated to come onstream owing to the growing popularity of these investment vehicles.

2007 2008 20090%

1%

2%

3%

4%

5%

6%

7%

8%

9%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

Platinum Exchange Traded Fund Holdings as Percentage of Supply

% %

2007 2008 20090%

2%

4%

6%

8%

10%

12%

14%

16%

0%

2%

4%

6%

8%

10%

12%

14%

16%

Palladium Exchange Traded Fund Holdings as Percentage of Supply

% %

Note: ETF data represent holdings at the end of the year. 2009 ETF data is year-to-date. 2009 platinum and palladium is forecast supply.

Platina Resources Summary• Platina Resources Limited (“Platina” or the “Company”) is a PGM and gold

development and exploration company with a global portfolio of advanced and early-stage projects.

• Platina has advanced development of its two primary assets, Skaergaard (located in Greenland) and Munni Munni (located in Australia), by completing the second stage of pre-feasibility work for Skaergaard and finalizing a scoping level study for Munni Munni.

• Both, Skaargaard and Munni Munni, are wholly owned by Platina with no royalties payable on production.

• Skaergaard and Munni Munni, together, have mineral resources containing 10.4 million oz gold, 30.7 million oz palladium, 2.8 million oz platinum and 76 thousand oz rhodium.

• Platina is adding development resources to its seasoned management team to optimize the beneficiation plans for the Company’s advanced stage projects.

• Work programs for 2010 are focused on increasing the confidence level of the Skaergaard mine resource and confirming metallurgical recovery rates for Munni Munni.

Thank You