TSX-V: RHR

Corporate Presentation

March 2011

TSX-V: RHR

Forward Looking StatementCertain information regarding the Company contained here in may constitute forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company’s control, and that future events and results may vary substantially from what the Company currently foresees. Discussion of the various factors that may affect future results is contained in the Company’s Annual Report which is available at www.sedar.com.

The Company’s forward-looking statements are expressly qualified in their entirety by this cautionary statement.

* This presentation has been reviewed by Mr. Butler, a qualified person as that term is defined in NI 43-101.

TSX-V: RHR

IntroductionRedhill Resources Corp. is a progressive exploration and development company with major gold projects in Western Australia as well as rare-earth projects in Utah, USA and British Columbia, Canada.

The Company is focused on increasing shareholder value by:

• Advancing the Gullewa Gold project with its joint-venture partner Mutiny Gold Ltd.

• Strategic acquisition of highly prospective gold prospects in the Gascoyne Region, Western Australia.

Redhill has recently acquired two rare-earth properties and sees excellent upside potential in the rare-earth sector.

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Share Structure

Issued & Outstanding 121,903,953

Warrants 35,356,987

Options 8,330,000

Fully Diluted 165,590,940

Recent Share Price (March 15, 2011) $0.10

Market Capitalization $12 Million

*as of March 15, 2011

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ManagementGraham L. Harris - Chairman, CEO, Director

• Over 20 years experience in the finance industry ; 1999 to 2004 Senior Vice President and Director of Canaccord Capital Corp.; directly raised over $150 million in development and venture capital

Clive Massey – Director, VP Finance• Experienced executive with over 20 years of experience in the mining and finance sector;

Jasvir K. Kaloti – CFO, Corporate Secretary• Over 14 years experience in the finance industry; independent consultant for public and private

companies in the mining industry;

Andrew Bowering - Director• Held senior executive positions and directorships in numerous public exploration companies over the

last 21 years; directly raised over $100 million for mineral exploration

Brent Butler – Director, Exploration Manager (Australia)

• Over 20 years of international geological experience and mine management; Holds B.Sc. In Geology; Member SEG, AusIMM and PDAC;

Brian Morrison - Director• Corporate Administrator with 5 years experience with public companies; in-depth knowledge of

securities

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Western Australian – Gold Projects

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Gullewa Gold Project - (30%)

Gascoyne Gold Projects • Cobra Gold Project - (80%)• McCarthy Project - (80%)• Mt. Phillips Project - (100%)

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Gullewa Gold Mine – Western Australia• Mutiny Gold Ltd. is earning 70% of Redhill Resources Corp.’s Gullewa Gold

Project by making payments totaling $9 million.

• Significant potential to expand resources through exploration.

• Infrastructure includes 300,000 tonnes per annum mill, camp, offices and other facilities.

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• Focus on bankable feasibility and mining ramp up planned for 2011/12.

• Preliminary Mine Studies indicate operation would be profitable.

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Gullewa Gold Mine – Regional Geology

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Gascoyne Gold Projects – Western Australia

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• The historic, gold producing Gascoyne Region is located some 850km northeast of Perth, and 500km north of Redhill’s Gullewa Gold Project.

• The Gascoyne Gold project encompasses the Cobra, McCarthy & Mt. Phillips Gold prospects.

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Gascoyne Gold Projects

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Gascoyne Gold Projects – Local Geology• Prospective units considered to comprise:

• Irregully Formation (manganiferous siltstones, tuffaceous sandy siltstones, argillites and minor cherts)

• Kiangi Creek Formation (immature fine to coarse grained feldspathic arenites, gritty arenites, subordinate gravelly conglomerates, mature interbedded quartzites of density current origin, turbiditic siltstones)

• Jillewarra Formation (banded white siltstone, and cherty, carbonaceous, ferruginous or manganiferous argillites, representing alternate distal turbidite and hemipelagic deposition); and dark grey to black cherty argillite of the Discovery Chert

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Cobra Gold Project – Western Australia

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• Average grade of recorded production was 25g/t gold.

• Metal detector work in the past few years has identified several large nuggets

• Black Hills nuggets ranging from - 9 ½ oz, 7 ½ oz, 1 ½ oz and 1 oz

• Historical rock-chip and trench sampling have returned results as high as 20g/t and one at 3oz per ton.

• Target strike length of mineralization is approximately 30km

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Cobra Gold Project

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McCarthy Gold Project – Western Australia

• Covers approximately 300 hectares

• Gold nuggets have been detected ranging from 10.5 oz – 0.5g

• Historical rock-chip and trench sampling completed by previous operators have returned results including:

20g/t and 3oz/t

• Mapping and sampling in the near future

• Target strike length of mineralization is approximately 30 km

• Previous producer

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McCarthy Gold Project

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Mt. Phillips Project – Western Australia• The Mt. Phillips Prospect at Bassit Bore is located in the Gascoyne region

some 850km northeast of Perth, 500km north of Redhill’s Gullewa Gold Project and 10km south of Redhill’s Cobra Project.

• 300 hectares covered by a single Exploration license E09/1676

• Lies within Gascoyne Resources Limited’s Bassit Bore Gold project and immediately abuts Gascoyne Resources’ license E09/1088 where a 15km east west gold copper geochemistry anomaly trends onto the Property.

• Gascoyne Resources recently announced rock chip results from a quartz vein system from license E09/1751. Results returned values of up to 7.8g/t gold over a 350m strike length that trends northwest onto the Mt. Phillips Prospect.

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Mt. Phillips Project – Western Australia

• Sampling by Redhill along this trend has confirmed its prospectivity where two rock chips returned significant results;

• 36.97g/t gold and 2.54% copper

• 31.65g/t gold and 0.1% copper

• The Property lies over sheared granite that contains multiple quartz veins up to two metres in width.

• Initial sampling indicates that the veins contain gold and +/- copper minerals malachite and chalcocite.

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Mt Phillips Project

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Rare Earth Projects – Utah & BCHoney Comb Hills Rare Earth Project – Utah (100%)

• 100% interest in 64 unpatented lode claims in the Fish Creek District, Juab County, approximately 2.5 hours southwest of Salt Lake City.

• Close proximity to Great Western Minerals Group’s Deep Sands REE project.

• Hosts a similar geologic environment, to nearby Spor Mountain Mine, owned by Brush Engineered Metals (NYSE:BW) which produces approximately 48,000 tonnes of bertrandite ore annually.

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Rare Earth Projects – Utah & BCMorgan Rare Earth Project – BC (100%)

• Covers approximately 4200 Hectares• Located in the Wicheeda Carbonatite Belt in Central British Columbia • 7km east of Canadian International Minerals Carbo project• New discovery in area by Spectrum Mining Corp.• The area of discovery remains open

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Contact Info

Redhill Resources Corp.Suite 2000 – 1177 West Hastings StreetVancouver, B.C. V6E 2K3 Canada Tel: +1 604-662-8184 Fax: +1 604-602-1606

Toll Free: 1-877-662-8184 (US & Canada ) Email: info@redhill-resources.com

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