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Cinnabar Peak PresentationProvince of British Columbia, CanadaCenterpoint Resources Project TeamMar. 2014

1Centerpoint Resources Inc.

Corporate SummaryCenterpoint Resources Inc. is a privately owned company headquartered in Vancouver, BC, Canada Incorporated in British Columbia in 20062006Own sizeable coking coal and gold properties within Canada

Cinnabar Peak Presentation2Centerpoint TeamRen Chao Gui, Chairman More than 20 years of experience in corporate management, Iron and coal mine investment both in China and Canada Received the Peoples Republic of China National Labour Model Award, Metallurgy Labour Model Award, and the May 1st Labour Medal He is also a well known businessman in the Chinese community in Canada

Cinnabar Peak Presentation3Honourable Jacob (Jack) Austin, P.C., Q.C., President Served as Deputy Minister of Energy, Mines and Resources, Canada, and Chief of Staff to former Prime Minister Pierre Trudeau Cabinet Minister in Canadian government of Prime Minister Pierre Trudeau and Prime Minister Paul Martin From 1993 to 2000, Mr. Austin served as President of the Canada China Business Council He received his law degrees from the University of British Columbia And Harvard Law School and practiced law in Vancouver for over 20 years in trade and commercial law . Pierre TrudeauPaul Martin19932000

Cinnabar Peak Presentation4Centerpoint TeamEdward J. Nunn, VP Technical Service Registered Professional Engineer in British Columbia, Canada more than 46 years of mining industry experience 20 of these years were in the coal and industrial mineral industries 6 years as Engineering Manager at An Tai Bao Surface Coal Mine Mine operations management includes Kaiser Resources Coal, An Tai Bao Surface Coal Mine (China), Greymouth Coal (New Zealand), and Crystal Graphite Corporation 43206KaiserGreymount Crystal Graphite

Cinnabar Peak Presentation5Centerpoint TeamProject Location Cinnabar Peak is a large coking coal resource, containing an estimated at least 510 million tonnes of coal 5 .10 Coordinates of the center of the Cinnabar Peak coal property are 5600 N 12210W 5600 12210 Cinnabar Peak Presentation6

Transportation and InfrastructureCinnabar Peak Presentation7The Cinnabar project covers an area of 251 sq. km. in northeastern B.C. The region has hosted large scale coal mining since 1982. The center of the deposit is located 110 km west of the City of Fort St. John, an industrial centre for oil and natural gas, forestry and agriculture. The city benefits from excellent access to infrastructure and is located on the Alaska (Pan- American) Highway and the Canadian National Railway, and also hosts a major regional airport. 2511982 St. John 110

The coal deposit straddles a reservoir formed by two hydro dams within a canyon on the Peace River. The deposit is readily accessible by a major road network on both sides of the lake, and has ready access to electric power, natural gas and water.Peace River Cinnabar Peak Presentation8View westward along Dinosaur Lake, from a vantage point above Mt.Johnson.W.A.C. Bennett dam and Lake Williston are in far background.Mt.Johnson.W.A.C. Bennett Williston

Transportation and Infrastructure Electrical power WAC Bennett Dam Hydro Plant is on the Cinnabar Peak coal property. The capacity is 2,730 megawatts (21st largest hydro electric plant in the world). A second hydroelectric dam (Peace Canyon) has a capacity of 700 megawatts and is also located nearby. -- WAC Bennett 2,730 21700Natural gas -- There is a large active gas field near the coal property Water is abundant. There are numerous rivers and lakes within the property. Rainfall is 300mm per year and the snowfall is 2000 mm per year. 3002000Communities the Village of Hudsons Hope (population 1010) is near the eastern boundary of the property. The City of Fort St.John (population 20,000) is a one and half hour drive to the east, and is strategically located on the Alaska Highway, with a major airport. This city is the centre of the provincial oil and gas industry and thereby has industrial support for any coal mine development. - 1010Hudsons Hope1.52Fort St.JohnProvincial Highway 29 is a paved road that accesses the Cinnabar Peak coal property. Because of oil and gas exploration, there are numerous roads throughout the area. 29

Cinnabar Peak Presentation9Transportation and Infrastructure

Railroad and Port Coal railroad load out would be at Chetwynd, which is located on CN Rail 44 kilometres to the south. From Chetwynd, coal can be shipped to the coal loading facilities at the Port of Prince Rupert (turn around time 45 hours one way distance 1027 km) or the Port of Vancouver (turn around time 70 hours one way distance 1091 km). Train capacity is 16,112 tonnes. A coal railroad branch line south east of Hudsons Hope or coal loading facility near Fort St.John is a possibility. CN40ChetwyndChetwynd 451027 70-109116,112 Hudsons Hope Fort St.John Port of Prince Rupert vessel time to Shanghai is 232 hours. Loading rate is 9000 tonnes per hour. Stockpile capacity 1.2 million tonnes. Annual capacity is 24 million tonnes. Maximum ship size 350,000 DWT. 2329000 120 2500350,000Port of Vancouver vessel time to Shanghai is 276 hours. It is the largest coal port in North America. Annual capacity is 33 million tonnes. 276 3300 Port of Prince Rupert

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Tenure Coal exploration within public lands in British Columbia is governed by the Provincial Ministry of Energy & Mines , who issue coal exploration licences. BCThe Cinnabar Peak property consists of 10 coal licences and 9 accepted coal exploration licence applications waiting to be approved, totalling 251 square kilometres. 109 251The licences consist of three blocks: a larger block north east of Peace River, a block west on both sides of the Peace River, and a smaller block south of Peace River. 3 Coal exploration licences will give Centerpoint the exclusive right to explore for coal within their areas.

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Cinnabar Peak Coking Coal Project Licence and Area MapCinnabar Peak Coal Licence and Area (Orange)Cinnabar Peak Coal Licence waiting area (yellow)Coal Licence Hectares Area No. Application No. Hectares 4184311446Area 141772015004184321344Area 1441773215004184331445Area 1541773515004184341446Area 164177364504184351157Area 241771915004184361444Area341772115004184371442Area 441772212004184381292Area 1141773015004184391292Area 104177311500418440721Total 13029Total 12150Coking coals of interest for mining at Cinnabar Peak are contained within the Gething Formation, of Early Cretaceous (135 million year old). 1.35The Gething Formation is 300 to 550 metres thick, containing numerous coal beds. 300550At least 21 coal beds extend across the property. 215 of these coal beds are of major interest for mining, since they are thicker and more continuous. 5

GeologyCinnabar Peak Presentation13Panoramic view Gething Formation; western face of the Peace River Canyon below the Bennett Dam.Gething Bennett

13East Bank section of Gething and Cadomin formations, looking southward from Bennett Dam. Coal beds lie within dark-coloured bands of rock; note consistency of geological structure, and general dip of strata parallel to ground surface. GethingCadominBennetCinnabar Peak Presentation14Geology

GeologyMajor coals are arranged in two groups: the Upper Coals and the Lower Coals. Upper Coals include the Superior, Trojan and Titan coal beds. Lower Coals include the Grant and Murray coal beds. Superior,Trojan Titan Grant Murray Coal beds are up to 3.3 metres thick at Cinnabar Peak. Coals greater than 1 metre thick are considered of interest for mining. 3.3 Depth to the coal ranges from 0 to 900 metres. Most of the known coal lies shallower than 600 metres. 0900 600Cinnabar Peak Presentation15

Geological Section Dip of the coals is low to moderate (7% to 38%), facing away from the centre of a large anticline. ( 7% 38%), Cinnabar Peak Presentation16Regional Geology Map

The light brown, the gething formation ,is coal bearing.

Coal Resource and QualityCinnabar Peak Presentation17Speculative resources of coal, in beds at least 1 metre thick, contain at least 510 million tonnes of Coal, of which 420 million tonnes are considered to be within 600 metres of the ground surface. Resource estimation includes an allowance for geological risk, which is decreased within areas which have already been extensively drilled. The Lower Coals are not assumed to extend beneath the Upper Coals. This is a conservative assumption, based on the Lower Coals having fewer boreholes than the Upper Coals.15.104.2600

East Bank section of Gething and Cadomin formations, looking northeastward.Cadomin17Coal Resource and QualityCoals with coking ability have been identified as our major exploration targets. Cinnabar Project is estimated to Coals are mostly medium volatile coking coal, with some high volatile bituminous coal in the western part of the property. Volatile matter content decreases to the east, and also decrease downward within the Gething Formation. Ash of the coal by itself is low, at 3% to 7%. Sulphur content of the coal is low, typically within 0.55% , rarely exceeding 1%. All coal resources are within coal beds considered to have characteristically low sulphur contents. 3%7%0.55% 1%Coals can be blended from within the property, to meet the VM23-25%, ash less than 8% requirement of Asian markets. 23-25%, 8%

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18Cinnabar Peak Presentation19Coal Resource and Quality

Coal Quality Cinnabar Peak Presentation20

Coal quality data from 1971/1973 exploratory work 1971/1973 Cinnabar Peak Presentation21

Coal Quality SGS Coal quality Analysis in 20102010SGS

Mineability Coal geology is not complex and seams are not steep (typically 7%) .Estimated that mining extraction can continue to a depth of 600 metres. 7%600Seams are generally thin but are ideal for underground long wall and short wall mining, and room & pillar extraction. These methods are common in Asia. Five separate mines in different areas could be considered for a maximum total production of 10,000,000 clean tonnes per year for a minimum 25 year mine life. 525

Cinnabar Peak Presentation22ConclusionCenterpoints coal property at Cinnabar Peak Consists of 251 square kilometres of coal exploration licence, effectively controlling the most accessible part of a larger coalfield. 251 Centerpoints property is estimated to contain at least 510 million tonnes of coal, of which 420 million tonnes are considered to be within 600 metres of the ground surface. 5.104.2600Coal resources at Cinnabar Peak are classified as being at the speculative level-of-assurance. The coal beds have a range of volatile-matter contents amenable to blending to meet Asian requirements for coking coal. Ash content and sulphur content of the coals are low, rendering them attractive for development. The coal would be workable by underground methods. The property is well-served by infrastructure, allowing for ready exploration and development.

Cinnabar Peak Presentation23Work Plan-- Year 2014 Predevelopment2014Main focus: exploration program Drilling 2 to 4 holes , minimum 600 metres each; presently under application 24600, Coal quality analysis Estimated cost for exploration in year 2014 $454,011; 2014$454,011;Exploration and 43-101 report development will continue from year 2015 $17,531,000 2015 43-101$17,531,000

Cinnabar Peak Presentation24Year Length (Metres)Number of holes 2014120022015318005320163240054Total for Phase 1 64500109

Cinnabar Peak Presentation25Year 2014 Planned Exploration Work Map2014

CL:418432CL:418431The year 2014 exploration area is located approximately 10 kilometres south west of the Town of Hudson Hope (see the below map Cinnabar Peak Phase 1 Exploration) within an area known as Coal License 418432 2014Hudson Hope 10 1418432Sites A and C are the preferred drill sites with B and D as backup locations refer to the Planned Exploration Work map) ACBD

Work plan year 2015 & 2016 Exploration2014Main focus: determine mineral resource for the large easterly block north of the Peace River Continue coal analysis Conduct mine design parameter workand begin mine design work ,Capital estimates requirement: - rock development - surface structure - roadheaders - continuous Miners - longwall systems - underground diesel equipment - ventilation system - conveyor systems

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Access into Trial MineCinnabar Peak Presentation27Work plan year 2017 & 2018 trail mine20172018Main focus: stepping development forward to full production Year 2017: production at 100,000 tonnes 2017 10 - mine development: rock development continues - purchase and install conveyor systems Year 2018: commence production at 1,000,000 tonnes 2018100

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Thank you

Centerpoint Resources Project TeamMar 2014Suite 1055 1140West Pender Street Vancouver BC Canada V6E 4G1TEL: 1-604-568-3388

Cinnabar Peak Presentation29Centerpoint Resources Inc.

NotesCinnabar Peak Presentation30