Shane Mele Managing Director

ASX Code: KDR kidmanresources.com.au

FINDING THE NEXT GENERATION OF

HIGH GRADE MINERAL DEPOSITS

Broken Hill Conference - May 2014

1

Disclaimer

Disclaimer: This Information Presentation has been prepared by Kidman Resources Ltd (ACN 143 526 095)

(“Kidman Resources” or “Company”) to provide prospective investors in the Company with general information to assist them in deciding whether they wish to undertake their own investigation or consider a possible investment in the Company. This Information Presentation is based on information and material collated, prepared by and supplied to the Company and from publicly available information. The Company has not independently verified the reliability, completeness or accuracy of certain of the information and materials contained in this Information Presentation and does not represent that such information and materials are reliable, complete or accurate. This Information Presentation is not a prospectus and does not constitute an offer or invitation or recommendation to any person and has been prepared solely for use by persons who are deemed to be “sophisticated investors” as described in the Corporations Act.

JORC 2012 Compliance: All information provided in this presentation has been formally released to the ASX in

compliance with JORC requirements. The most recent document released to the ASX provides details and hyperlinks

relevant to all information provided in this presentation and can be accessed on the Company Website at hyperlink:

ASX Announcements. The company confirms that it is not aware of any new information or data that materially affects

the information included in the original market announcement(s).

2

Agenda

1. Brief Overview

2. Project Focus

3. What’s next?

4. Summary

Kidman Summary

3

Our aim: to discover and develop high grade base-precious metal deposits in Australia

Melbourne based exploration company

Two Advanced Projects that deliver drill results

Home of Bullion, NT

Browns Reef, NSW

Pipeline of exciting targets within HOB & Browns

Reef corridors

Small exploration team = 70% money in ground

ASX Code KDR

Shares on Issue 114.98M

Top 20 Shareholders 43%

Market Cap @ 0.07c* $8.05M

Cash+ $3.6M

Average Daily Volume (6 months) ~220,000

Admin/Corp Costs (per quarter) ~$180k

+ as of 31st March 2014 * stock price at 21st May 2014

4

Project Focus

Home of Bullion Deposit (Cu-Pb-Zn-Ag-Au)

Browns Reef Deposit (Zn-Pb-Cu-Ag-Au)

Hale River

Crowl Creek

Barrow Creek Project, NT

Home of Bullion – Flagship asset

Acquired May 2012 - 100% owned

VMS deposit (Cu-Pb-Zn-Ag-Au)

Multiple >4% copper intercepts

Open along strike and down-dip

Major infrastructure nearby

Browns Reef Project, NSW

Browns Reef Deposit

Acquired March 2014 - 100% owned

Cobar style (Zn-Pb-Cu-Ag-Au)

Large tonnage potential (>10Mt)

Under valued and under explored

Excellent infrastructure

Home of Bullion Highlights so far…

Drilled 116 drillholes for 25,948m

Discovered blind massive sulphide zone (Southern Lode) using modern geophysics (FLEM)

Delivered multiple high grade copper intersections

Main Lode: 9.7m @ 3.4% Cu, 0.83% Pb, 2% Zn, 41g/t Ag, 0.5g/t Au (HDD044)

10.5m @ 3.78% Cu, 1.15% Pb, 1.99% Zn, 53.28g/t Ag, 0.59g/t Au (HDD044W4)

Southern Lode: 26m @ 4.6% Cu, 5.5% Pb, 1.84% Zn, 142.9g/t Ag (HRC035) Discovery hole

7.4m @ 1.5% Cu, 1.8% Pb, 1.95% Zn, 62g/t Ag (HDD043W2)

Main Lode drill tested to -600mbs & Southern Lode to -500mbs

On track to deliver a maiden JORC Resource in 2014

5

6 Oblique View

Beneath surface and looking west

Southern Lode Main Lode

HDD043W3

4.5m @ 1.89% Cu, 0.17%

Pb, 0.4% Zn from 606m

-100m

-300m

-500m

Discovery Hole HRC035

26m @ 4.61% Cu, 5.5% Pb,

1.84% Zn, 142.9g/t Ag

from 266m

HRC036

15m @ 5.9% Cu, 0.9%

Pb, 3.6% Zn, 37.3g/t Ag

from 57m

Drilling tested to 500m

below surface and remains

open in all directions

DHEM successfully defined

new targets (conductors)

Plan to deliver Maiden JORC

Resource in 2014

Further drilling required to

grow resource

HDD044

9.7m @ 3.43% Cu,0.82%

Pb, 2% Zn, 40.7g/t Ag

from 466.7m

HDD044W3

4.8m @ 7.54% Cu, 2.05% Pb,

3.39% Zn, 99.72g/t Ag, 1.17g/t Au

from 486.1m

Home of Bullion

7

HDD044W3 – Massive Sulphides on Main Lode

4.8m @ 7.54% Cu, 2.05% Pb, 3.39% Zn, 99.72g/t Ag, 1.17g/t Au

8

Home of Bullion Activities

NSW Projects Cobar Superbasin – targeting high grade deposits

9

Cobar

Lake Cargelligo

Condobolin

Hosts World Class Base Metal Deposits CSA 33Mt @ 4.2% Cu, 30g/t Ag Peak 7.3Mt @ 4.2g/t Au, 1% Cu, 6.7g/t Ag RIGHT ADDRESS

Strong ground holding - 2,800km2

Multiple targets: Browns Reef, Mt Boorithumble,

Wilga Grove, Anaconda, Jumble Plains, Belmore

Established Infrastructure

Supportive communities

Browns Reef trend

Browns Reef Project

Crowl Creek Project

Browns Reef Zn-Pb-Cu-Ag deposit

CSA

Peak

Mallee Bull

Nymagee

Mineral Hill

Mt Boorithumble Wilga Grove

Anaconda

Blind Calf

Belmore

Jumble Plains

10

Browns Reef Project (Zn-Pb-Cu-Ag)

Acquired Browns Reef Deposit (100%)

and surrounding tenements (JV) - March 2014

Contains multiple base metal prospects

Mt Boorithumble

(single drill intercept of 3m @ 2% Pb, 2% Zn, 1.2%Cu, 115g/t Ag)

Achilles

Mt Tooronga Gossans

>80kms Browns Reef Trend

Potential exists for large tonnage deposits

Underexplored and mostly under shallow cover

Systematically explore the region

modern geophysical surveys

drilling

11

Browns Reef Deposit – Potential to Grow

6kms continuous mineralisation

Limited drilling below 150m

3D Gravity Inversion model identifying

potential new target zones

Drilling starts in June

6kms

MCG

58m @ 1.96% Zn, 0.93% Pb,

0.4% Cu, 18.9g/t Ag (BR018)

including

6m @ 11.4% Zn, 4.82% Pb,

1.2% Cu, 71g/t Ag

15.8m @ 1.45% Zn, 1.2% Pb,

0.14% Cu, 8 g/t Ag (WS001)

5.3m @ 2.2% Zn, 1% Pb, 0.1% Cu,

13 g/t Ag from 184.5m (BS001)

41.3m @ 3.1% Zn, 1.5% Pb, 0.1% Cu,

8g/t Ag from 292m (BR002)

including 20m @ 4.85% Zn, 2.2% Pb,

0.2% Cu, 11.8 g/t Ag

12

5.66% Pb, 7.8% Zn, 0.61% Cu, 85g/t Ag, & 0.05 Au g/t

10.8% Pb, 25.7 % Zn, 2.26% Cu,

5.11% Pb, 11.9% Zn, 1.57% Cu, 87g/t Ag, & 0.03 Au g/t

3.97% Pb, 9.6% Zn, 1.27% Cu, 61g/t Ag, & 0.09 Au g/t

2.86% Pb, 10.2% Zn, 1.35% Cu, 50g/t Ag, & 0.04 Au g/t

0.52% Pb, 2.98% Zn, 0.33% Cu, 11g/t Ag, & 0.06 Au g/t

BR018 – High Grade Zone 6m @ 11.36% Zn, 4.82% Pb, 1.23% Cu, 74.2g/t Ag

151g/t Ag, & 0.15 Au g/t

13

Crowl Creek Project

Heli-VTEM max survey completed

Multiple conductors identified

Targets include;

Belmore & Jumble Plains

(potential Tritton-style copper

deposits associated with ultramafic

complex)

Wilga Grove

(potential Cobar-style with

coincident magnetic and gravity

high)

First-pass AC drilling – low cost

Wilga Grove

Project Pipeline

Scoping Study

Feasibility studies

Rate & Rank Gateway

Rate & Rank Gateway

Prospect D

Wilmatha

Anaconda

Blind Calf

Bogong

South Yethera

China Workings

Long Panel

Pooraka

Walker’s Hill

Mooney’s

Pygmy Hill

Hale River

Knobby Hill

Browns Reef

Mulbangas

Wilga Grove

Jumble Plains

Donkey Creek

Browns Reef

Home of Bullion Belmore

Mt Boorithumble

Achilles

Billys

15

Investment Highlights

Acquired 2 Quality Projects with excellent growth potential – 100% owned

Home of Bullion – high-grade copper in Emerging Arunta Province, NT

Browns Reef – Cobar Basin NSW Proven World Class Mineral Province

Potential to deliver JORC resource on 2 projects THIS YEAR!”

Pipeline of equally exciting targets within HOB & Browns Reef corridors

Cash in bank to advance projects - $3.6M

Investor exposure to base metals

Money spent drilling!

16

Thank-you

Thank-you

Contact Details: Kidman Resources Limited Level 4 Suite 3 100-120 Flinders Lane Melbourne Victoria 3000 Australia Tel: +61 (0)3 9671 3801 Email: info@kidmanresources.com.au Website: www.kidmanresources.com.au

17

Significant Results – Home of Bullion

Main Lode

Southern

Lode

Hole ID From (m) To (m) Interval (m) Cu % Ag (g/t) Pb % Zn % Au (g/t) CuEq %

HRC035 266 292 26m 4.61 142.9 5.5 1.84 8.18

HRC036 57 72 15 5.9 37.3 0.9 3.6

HRC067 69 73 4 2.6 42.9 2.7 0.22 3.85

HRC068 133 148 15 1 34.6 1.2 2.11 2.25

HRC069 49 59 10m 3.56 13.17 0.31 2.46 4.42

HRC070 154 160 6 2.1 17.2 0.43 1.52 2.8

HRC082 92 99 7 1.97 14.48 0.614 2.319 2.89

HDD043W2 569.6 577 7.4 1.5 62 1.81 1.95 3.2

HDD043W3 606 610.5 4.5m 1.89 8.86 0.178 0.431 2.15

Hole ID From (m) To (m) Interval (m) Cu % Ag (g/t) Pb % Zn % Au (g/t) Cu Eq %

HRC001 9 16 7 3.75 108.1 1.33 0.84 0.96 6.2

HRC005 105 111 6 4.3 103.6 2.03 6.96 0.48 8.1

HRC010 174 179 5 6.5 53 0.63 2.75 0.61 8.4

HRC011 95 101 6m 3.2 94 4.28 15.5 0.29 9.5

HDD038 24.9 29.3 4.4m 9 464.5 1.37 1.79 0.85 15.9

HDD040 31.95 35.8 3.85 13.7 70.7 1.01 0.9 0.51 15.35

HDD044 466.7 476.4 9.7 3.43 40.7 0.82 1.99 0.46 4.9

including 472 476.4 4.4 7.3 81.64 1.6 3.71 0.47 9.9

HDD044W3 480.4 490.9 10.5 3.78 53.28 1.15 1.99 0.6 5.6

including 486.1 490.9 4.8m 7.54 99.72 2.05 3.39 1.17 10.9

HDD044W5 457.3 460.3 3.2 5.22 56.87 1.88 7.97 0.78 8.89

18

Significant Results - Browns Reef

Hole ID From (m) To (m) Interval Cu % Pb % Zn % Ag (g/t) Location

BR0002 292 333.3 41.3 0.1 1.53 3.08 5.4 Browns Reef Deposit

including 302.7 322.7 20 0.2 4.85 2.2 11.8

BR0003 256 299.25 43.25 0.11 1.1 1.81 5.1 Browns Reef Deposit

BR0004 264.85 327.8 62.95 0.08 0.72 1.61 2.2 Browns Reef Deposit

BR0008 268 299 31 0.21 0.9 1.51 9.5 Browns Reef Deposit

BR0014 376 387 11 1.24 0.25 0.93 9.3 Browns Reef Deposit

including 376 379 3 3.03 0.28 0.6 18.6

BR0016 351 362 11 0.35 1.2 2.48 8.4 Browns Reef Deposit

BR0018 316 374 58 0.41 0.93 1.96 18.9 Browns Reef Deposit

including 368 374 6 1.2 4.82 11.4 74

BS0001 184.5 189.8 5.3 0.1 1 2.2 13 1.6km SE of Browns Reef

BS0002A 256.7 266 9.3 0.16 2.78 5.11 12.5 0.7km SE of Browns Reef

WS0001 415 459.3 44.3 0.11 0.7 0.8 5

including 443.5 459.3 15.8 0.14 1.2 1.45 5 1.4km NW of Browns Reef

19

Competent Person Statement

The information in this release that relates to exploration results and geological interpretation has been compiled by Mr

Shane Mele BSc, (Hons) M.Econ.Geol., MAusIMM. Mr Mele is a Member of the Australian Institute of Mining and Metallurgy

and has sufficient experience with the style of mineralisation, types of deposits under consideration, and to the activities

undertaken, to qualify as a competent person as defined in the 2012 Edition of the "Australian Code for the Reporting of

Exploration Results, Mineral Resources and Ore Reserves. Mr Mele consents to the inclusion in the report of the matters based

on his information in the form and context in which it appears.

Information regarding drilling/assaying data

1. Drilling was completed using a RC face sampling hammer or HQ/NQ diamond core.

2. Sample recoveries were considered adequate for all samples.

3. Drillcore has been, or is still to be, logged in detail based on lithology, mineralisation, and alteration.

4. Samples for analysis were collected by cone splitter sampling, hand spearing or by sawing core in half.

5. Samples were submitted as 4m composite chip samples, 1m chip samples or 1m half-core intervals unless a geological contact was used.

6. Samples were analysed at ALS Chemex utilising methods: Au‐AA26 for Au (fire assay); ME‐ICP41 for multi-element including Ag, Cu, Pb, Zn; Ag-OG46 for

>100 g/t Ag; Cu-OG46 for >1% Cu; Pb-OG46 for >1% Pb; and Zn-OG46 for >1% Zn.

7. Drillhole collars were surveyed by handheld GPS and will be surveyed in using a DGPS

8. Downhole surveys were collected using a single-shot reflex camera.

*Copper Equivalent Calculation Explanation: • The copper equivalent (CuEq) calculation represents the total metal value for each metal, multiplied by the conversion factor, summed and expressed in

equivalent copper percentage. These results are exploration results only and no allowance is made for recovery losses that may occur should mining eventually result, nor metallurgical flowsheet considerations.

• The copper equivalent calculation is intended as an indicative value only. Copper equivalent conversion factors and long‐term price assumptions used follow: Copper Equivalent Formula (CuEq) = Cu% + Ag(ppm)x0.012 + Au(ppm)x0.625+ Pb%/Cu+Zn%/Cu;

• Price Assumptions‐ Cu (US$7,500/t), Ag (US$30/oz), Au (US$1,500/oz), Pb (US$1,900/t), Zn(US$1,900/t).