Wowo Gap Nickel Laterite Project Papua New Guinea

Resource Mining Corporation

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This presentation has been prepared by Resource Mining Corporation Limited (“RMC” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation. This presentation contains forecasts and forward looking information. Such forecast, projections and information are not a guarantee of future performance, involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from those expressed or implied. RMC have not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by applicable laws, RMC make no representation and can give no assurance, guarantee or warranty, express or implied, as to, and take no responsibility and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission, from any information, statement or opinion contained in this presentation. You should not act or refrain from acting in reliance on this presentation material. This overview of RMC does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Company’s prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investments decision.

Disclaimer

Competent Persons Statement: The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mark Hill, who is a Member of the Australian Institute of Geologists. Mark Hill is a director of Exman Consultancy and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mark Hill consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears.

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Wowo Gap – Nickel Laterite Project

ACCESS • Helicopter direct to

site – 3 landing locations

• Fixed wing to Embessa or Obea (1,000m grass airstrips) + 1 day walk to site

• Canoe from Popondetta approx 1 day

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Previous Wacker Drill Holes

Previous Diamond Drill Holes

LEGEND

2011 Core Holes

2010 Core Holes

712,

000

mE

710,

000

mE

711,

000

mE

713,

000

mE

707,

000

mE

708,

000

mE

709,

000

mE

8,947,000 mN

8,948,000 mN

8,944,000 mN

8,945,000 mN

8,946,000 mN

8,943,000 mN

8,941,000 mN

8,942,000 mN

706,

000

mE8,940,000 mN

Exploration Summary • 295 holes drilled • 200 metre spacings • 12 km strike length • 70% of holes Ni

>1.0% • 125 Mt @ 1.06% Ni

and 0.06% Co • Total contained Ni

1.32Mt

Resource Drilling Program - last core drilling 2011

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Type Year Drill Company No Holes Core Size Metres Drilled

diamond 1972 PNE 17 (PN & PND holes) NQTT 405.3

wacker 1999 ANL 23 (WGW001 - 23) BQTT 119.1

wacker 2004 NN 70 (WGW024 - 93) BQTT 341

wacker 2008 NN 55 (WGW101-155) BQTT 270.9

diamond 2003 UPD 8 (1 - 8) HQTT 160.7

diamond 2004 UPD 18 (9 - 26) HQTT 404.6

diamond 2007 Paradise 45 (27 - 72) NQTT 1085.4

diamond 2008 Paradise 11 (73 - 83) HQTT 235.7

diamond 2008 Paradise 17 (84 - 98) HQTT 277.5

core 2010 NN 159 (101 - 258) NQTT 1007.5

core 2011 NN 138 (259 - 395) NQTT 738.3

Mineral Resource Statement

• Current Resource - Indicated 72MT @ 1.03% Ni and 0.07% Co plus Inferred 53MT @ 1.09% Ni and 0.06% Co

• Independent verification of:

• Drilling and sampling procedures

• QA/QC on site • Confirmed to Canadian

Ni 43-101 standard for technical reporting of mineral projects

• Ravensgate (Perth based Independent Minerals Industry consultant) completed the Resource Update

Wowo Gap – Nickel Laterite Project

Project Drilling History

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0.8% Ni cut off grade Indicated + Inferred: 125Mt @ 1.06%Ni

1.0% Ni cut off grade Indicated + Inferred:

63Mt @ 1.23%Ni

1.2% Ni cut off grade Indicated + Inferred:

25Mt @ 1.43%Ni

Wowo Gap Resource Estimate By Ni Grade

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Ore mineralogy – Saprolite and Limonite

• Serpentine (e.g. antigorite, lizardite, clinochrysotile)

• Smectite (e.g. nontronite) • Other silicates (e.g. talc, tremolite,

forsterite) • Quartz, dolomite • Garnierite

• Goethite • Lithiophorite • Quartz, talc • Spinels (e.g. chromite, trevorite)

4- 864 FLUORITE, SYN 27- 1276 CLINOCHRYSOTILE 2- 100 ANTIGORITE 82- 1837 LIZARDITE 29- 1497 NONTRONITE-15A 21- 1260 FORSTERITE 13- 558 TALC-2M 85- 2157 TREMOLITE 85- 1053 QUARTZ - SYNTHETIC 5- 622 DOLOMITE

File Name: c:\...\qxrd\rmcsap~2.cpi

Sample ID

2-Theta Angle (deg)10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00

6

12

18

24

30

Inte

nsity

(Cou

nts)

X 1

00

4- 864 FLUORITE, SYN 17- 536 GOETHITE 13- 558 TALC-2M 85- 1053 QUARTZ - SYNTHETIC 41- 1378 LITHIOPHORITE 23- 1119 TREVORITE, FERROAN 24- 512 CHROMITE, SYN

File Name: c:\...\qxrd\rmclim~2.cpi

Sample ID

2-Theta Angle (deg)10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00

1

2

3

4

5

Inte

nsity

(Cou

nts)

X 1

00

Wowo Gap – Nickel Laterite Project

Saprolite Limonite

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Testing: Amdel – Perth metallurgical laboratory HPAL chosen route Limonite X Saprolite Feasibility Study demonstrated questionable HPAL project economics based on: • Nickel Price • Project CAPEX • Economics of processing limited amounts of 2/3rds of the then known ore body

(Saprolite) Outcome 1. Need a larger limonite resource to improve economics or, 2. Alternative new process technology

Metallurgical Testwork

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Alternative Process Technology

Ni Co

Ore Type Head Assay Initial Testwork Leach Extraction

New Process Leach Extraction Head Assay Initial Testwork Leach

Extraction New Process Leach Extraction

% % % % % %

Limonite 0.76 6 50 0.14 39 100

Limonite 1.08 7 55 0.13 54 100

Limonite 1.37 13 72 0.09 67 100

Limonite 1.51 14 75 0.08 58 100

Saprolite 1.21 16 93 0.05 60 89

Saprolite 0.95 18 78 0.03 78 94

Saprolite 0.93 20 84 0.02 71 88

Saprolite 0.84 21 90 0.04 55 79

Metal Extraction Results From Test Work

A. Investigated Alternative Inorganic Acids – patented process, expensive process entry costs

B. Organic Acid Leach – Alternative process option?

Wowo Gap – Nickel Laterite Project

Nickel Cobalt

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Future Development Options Mine – ship ore Mine + part process – ship product Mine + full process – ship nickel Limited Infrastructure: No Electricity Network

Electricity Challenges - Remote - No existing power infrastructure - No gas - No coal - Wind questionable Opportunity - Hydro electricity

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Requirements:

• Regular water supply

• Sustained water flow

• Adequate “head”

RMC Team has identified two waterfalls with all 3 requirements adjacent to the Wowo Gap deposit

Advantages:

• Run-of-river

• No dams required

Hydro Electricity Power Potential

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Located 2 options:

50 metre fall

250 metre fall

Basic measurement to determine:

1. Velocity of a body of water

2. Cross-sectional area of a ‘slice’ of stream (in velocity measurement section)

3. Flow of the stream using 1 and 2

4. Vertical height of a slope down which the water flows

5. Calculate the power generation potential

Wowo Gap – Nickel Laterite Project

Hydro Electricity Power Potential

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Logistics - +280 casual employees involved in the process Taruma Water Supply – RMC provided 4.5km of pipe fittings, pressure relief systems and labour for water supply Obea and Embessa Schools – RMC provided equipment and specialist labour to assist in

construction of Pre-Primary school Fresh Food Production – Joint village/RMC initiative at Embessa and Obea. Backloading on

company aircraft to Port Moresby Health Initiative – RMC funded employees deliver medical service and practical assistance and

advice to improve village health and hygiene Airstrip Maintenance – Equipment, fuel and labour provided to maintain airstrips Landowner meeting process – On-going process with focus on village dialogue

Social Engagement

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Health Worker and Health Support

Wowo Gap – Nickel Laterite Project Social Responsibility

Social Mapping – detailed social mapping of local tribes, clans and sub-clans well advanced

Responsibility – Community/Employees

Environmental survey completed – dynamic issue, regular maintenance

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Wowo Gap – Nickel Laterite Project

ON BEHALF OF RESOURCE MINING CORPORATION LTD

THANKYOU FOR YOUR ATTENTION

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