CBH Resources Resource and Energy Symposium 2012

A private company owned by Toho Zinc

“CBH’s strategy is to deliver consistent production from Endeavor Mine

and to develop Rasp Mine”

Resource Symposium 2011

No change to strategy Rasp Mine at Broken Hill is built ,

and undergoing commissioning !

CBH Resources

Rasp Mine - Broken Hill

Rasp Mine – Broken Hill

YOU ARE

HERE

Processing

Plant

Tailings

Rasp Mine

Congratulations to GRES Engineering- EPC Project Engineers

Rasp Mine - commissioning

underway

7

SNAPSHOT

Mine life 15 years+

Mining and Processing rate 650,000 tonnes per year

Average concentrate production Zinc: 69,000 tonnes

Lead: 38,000 tonnes

Silver : 1 million ozs

Capital cost $155 Million ( financed through Toho)

Operating costs $76.00/tonne of ore

US 10-20 cents per lb ( post credits)

Employees 160

GM Tony Davis

Rasp Mine

8

CONSTRUCTION OF RASP MINE HAS BEEN COMPLETED ON

SCHEDULE AND ON BUDGET

Practical completion April 22

First ore to mill April 24

First concentrate production May 7

First production stope mid June

Rectification of mechanical issues identified during commissioning

(conveyors, feed shutes, pumps)

Tailings management issues being progressed

Early indications for plant metallurgical performance are encouraging

Rasp Mine

Rasp Mine – a long life

low cost mine

Endeavor Mine

Mining rate of 720,000 tpa ( 675,000 tonnes in 2011)

Combined mining grades of 12.3% zinc + lead

Production (dmt)

Zinc concentrate 87,600 tonnes (75,200 tonnes in 2011)

Lead concentrate 47,500 tonnes (44,600 tonnes in 2011)

Forecast C1 operating costs ~ US 58 cents per lb ( US 63.5 c/lb 2011)

200 employees

GM- Denver D’Angelo replacing Tony Davis ( GM Rasp)

Endeavor Mine

Outlook for 2012

Reserve 5.1 Mt @ 7.4 % Zn,

4.8% Pb, 68 g/t Ag ( June 30,

2011)

Current mine life ~ 6 years

Resource 15.6 Mt @ 7.9% Zn, 5%

Pb, 83 g/t Ag ( 7% combined cut

off grade) ( June 30, 2011)

Extensive exploration program in

2012 to systematically test

surrounding and regional targets

(including airborne

electromagnetic survey)

Endeavor Mine Resources

and Reserves

Endeavor Mine – achieving production

and cost targets in a difficult market

Combined Metal Production

Endeavor and Rasp

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

Lead 2011 Lead 2012 Lead 2013 Zinc 2011 Zinc 2012 Zinc 2013

T

o

n

n

e

s

Endeavor Pb Rasp Pb Endeavor Zn Rasp Zn

53,000 t Pb

in 2013

77,500 t Zn

in 2013

Newcastle Shiploader

(ConPorts)

A vitally important strategic asset

Handles mineral concentrate exports

for 4 NSW mines -

Endeavor Mine

CSA Mine

Tritton Mine

Rasp Mine

30 year port lease

Annual throughput capacity ~ 500 ktpa

Newcastle Shiploader

(ConPorts)

Major $2.5m upgrade recently completed to accommodate Rasp concentrates

Onshore works can be expanded to accommodate new users

CBH holds option on port land adjoining existing facility

Possible throughtput capacity of 1.3 mtpa with storage shed extension

Newcastle Shiploader

(ConPorts)

Cobar Region exploration

focus

Endeavor

CSA

Peak Mines

Tritton

Mineral

Hill

ENDEAVOR NORTH/SOUTH, BURRI &

MT. MCKELLAR TENEMENTS

CBH 100%

BOONA

CBH 90%,

MORNING STAR GOLD NL 10%

LOWAN

CBH 70%,

GOLDEN REEF ENTERPRISES 30%

YELLOW MOUNTAIN

CBH 40%

GOLDEN CROSS RESOURCES 30%,

PARADIGM METALS 30%

GILGUNNIA

CBH FARMING-IN,

PEEL RESOURCES 100%

Cobar

Sydney

Gilgunnia Project

(incl. Mallee Bull Discovery)

100km south of Cobar and

8km east of May Day Au-Ag-

Pb-Zn-Cu deposit

80 km2 of granted leases (EL

and ML)

Cobar-style polymetallic (Cu-

Au-Ag-Pb-Zn) mineralisation

High-grade massive sulphides

intercepted in July/August 2011

by Peel Mining

Gilgunnia Project

(incl. Mallee Bull Discovery)

Staged farm-in with Peel Mining

Stage 1 ( 15%) - $1m+ $1.5m

Stage 2 ( 30%) - $2.5m

(optional)

Stage 3 (50%) - $3.33m

(optional)

Stage 1 – in fill drilling program and

downhole EM

Peel to manage exploration

programs during CBH farm-in stages

CBH / Toho is emerging as a globally significant, vertically integrated producer of metals