A NEW SEARCH SPACE IN AUSTRALIAS PREMIER GOLD PROVINCE NE W F - PowerPoint PPT Presentation

BREAKER BREAKER RESOURCES NL RESOURCES NL ANNUAL GE NE RAL ME E T ING 20 NOVE MBE R 2012 A NEW SEARCH SPACE IN AUSTRALIA’S PREMIER GOLD PROVINCE NE W F RONT IE RS IN Tom Sanders AUST RAL IAN GOL D T om Sande r s Executive Chairman E xe c utive Chair man

Disc laime r T his pr e se ntation has be e n pr e par e d by Br e ake r Re sour c e s NL (“Company”) in c onne c tion with pr oviding gene r al and bac kgr ound infor mation on the Company. T his pr e se ntation should not be r e lie d upon as a r e pr e se ntation of any matte r that an advisor or pote ntial inve stor should c onside r in e valuating the Company. T he Company and its r e late d bodie s c or por ate or any of its dir e c tor s, age nts, offic e r s or e mploye e s do not make any r e pr e se ntations or war r anty, e xpr e ss or implie d, as to or e ndor seme nt of the Company, the ac c ur ac y or c omple tene ss of any infor mation, stateme nts or r e pr e sentations c ontained in this pr e sentation, and the y do not ac c e pt any liability whatsoe ve r (inc luding in neglige nc e ) for any infor mation, r e pr e se ntation or state me nt made in or omitte d fr om this pr e se ntation. T his doc ument may c ontain c e r tain for war d-looking state ments whic h involve known and unknown r isks, de lays and unc e r taintie s not unde r the Company’s c ontr ol whic h may c ause ac tual r esults, pe r for manc e or ac hie ve ments of the Company to be mater ially diffe r e nt fr om the r e sults, pe r for manc e or e xpe c tations implie d by these for war d looking stateme nts. T he make s no r e pr e se ntation or war r anty, e xpr e ss or implie d, as to or e ndor se me nt of the ac c ur ac y or c omple te ness of any infor mation, stateme nts or r e pr e sentations c ontaine d in this pr e sentation with r e spe c t to the Company. Any disc ussion in r e lation to E xplor ation T ar ge ts, implie d or state d, is only c onc e ptual in natur e . Inve stor s ar e advise d that by the ir natur e as visual aids, pr e sentations pr ovide infor mation in a summar y for m. Inve stor s ar e ur ge d to r e ad suppor ting infor mation in full in ASX r e le ase s. T his pr e sentation doe s not c onstitute an offe r of se c ur itie s in the Company. Nor , should this pr e se ntation be r e lie d upon by any advisor or pote ntial inve stor in making an inve stme nt de c ision in the Company Compe te nt Pe r son State me nt T he ge ologic al infor mation in this r e por t that r e late s to E xplor ation R e sults is based on infor mation r e vie wed by Mr T om Disc laime r Sande r s who is a me mbe r of the Austr alasian Institute of Mining and Me tallur gy. Mr Sande r s is an E xe c utive of Br e ake r Re sour c e s NL and has be e n e ngage d on an 80% of full time basis. Mr Sande r s has suffic ie nt e xpe r ie nc e whic h is r e le vant to the style of mine r alisation and type of de posit unde r c onside r ation to qualify as a Compe te nt Pe r son as de fined in the 2004 E dition of the “Austr alasian Code for the Re por ting of E xplor ation Re sults, Mine r al Re sour c e s and Or e Re se r ve s”. Mr Sande r s c onse nts to the inc lusion in the r e por t of the matte r s base d on this infor mation in the for m and c onte xt in whic h it appe ar s. 2

Our Busine ss  L iste d o n the ASX o n 20 April 2012 to ta ke a dva nta g e o f ne w de ve lo pme nts in WA’ s E a ste rn Go ldfie lds Supe rte rra ne (E GST )  E ig ht 100%-o wne d g o ld pro je c ts…tha t ta rg e t ke y struc tura l ta rg e ts in the une xplo re d e a ste rn ha lf o f Austra lia ’ s pre mie r g o ld pro vinc e (whic h a c c o unts fo r 75% o f Austra lia ’ s g o ld)  Bre a ke r no w the la rg e st te ne me nt ho lde r in E (5,500km 2 ) GST  Ob je c tive is e a rly g o ld disc o ve ry  Str ate gy – low- c ost sur fac e ge oc he mistr y to find lar ge gold de posit e s (the 10% of de posits that host ~70% of pr signatur ovinc e - sc ale gold) oduc tion  E ar ly suc c e ss… 32 km gold syste m ide ntifie d at De xte r Pr oje c t; multiple lar ge gold- in- soil anomalie s at Mt Gill Pr oje c t Intr 3

Boar d & Se nior Manage me nt E xe c utive Chair man • Ge o lo g ist with 34 ye a rs e xpe rie nc e in e xplo ra tio n, mining a nd c o rpo ra te ma na g e me nt • E xte nsive e xpo sure to E a ste rn Go ld fie ld s • Pre vio usly b uilt a 2M o z g o ld inve nto ry thro ug h d isc o ve ry a nd a c q uisitio n T om Sande r s Non- E xe c utive Dir e c tor • Pro c e ss e ng ine e r with 37 ye a rs e xpe rie nc e in the mining ind ustry • Va st pro je c t d e ve lo pme nt a nd mine c o mmissio ning e xpe rie nc e • Curre nt Chie f Ope ra ting Offic e r a t K a sb a h Re so urc e s Mike Kitne y Non- E xe c utive Dir e c tor • L a wye r with 26 ye a rs e xpe rie nc e in re so urc e s a nd c o rpo ra te la w • E xpe rie nc e in ASX listing s, jo int ve nture s, pro je c t d e ve lo pme nt a g re e me nts a nd pro je c t fina nc ing Mar k E dwar ds E xplor ation Manage r oduc tion • Ge o lo g ist with +20 ye a rs e xpe rie nc e in e xplo ra tio n a nd mining Ala sta ir Ba r ke r Manage r Cor por ate Affair s/ Company Se c r e tar y Intr • 18 ye a rs a d ministra tio n e xpe rie nc e (c o rpo ra te , mining a nd e xplo ra tio n) Mic he lle Simson 4

Capital Str uc tur e Issue d E quity F ully pa id o rdina ry sha re s ASX: BRB 55.1 millio n $0.35 I PO a t $0.20/ sha re L iste d o ptio ns ASX: BRBO 21.2 millio n $0.12 $0.25 e xe rc ise (31 De c 2014) Unliste d o ptio ns - 6.0 millio n - $0.25/ $0.30/ $0.50 e xe rc ise Ma rke t Ca pita lisa tion: $19.3 million Ca sh on Ha nd: $5.4 million (30 Se pte mbe r 2012) T op 20 sha re holde rs hold ~88% ...strong fund support oduc tion Intr 5

10 Ye ar s T r ansfor mational Change (E GST ) spe c tive ) Ke y Ge olog ic a l De ve lopme nts in E a ste r n Goldfie lds Supe r te r r a ne (E GST  Struc tura l a nd me ta mo rphic histo ry re writte n  T hre e g o ld e ve nts d a te d fo r the first time (mo st g o ld po st-d a te s the g ra nite ) Pe r  Impo rta nc e o f ma jo r d e e p fa ults re c o g nise d (ma ntle c o nne c tio n)  Ne w d a ta a va ila b le to ma p o ut the ma jo r d e e p fa ults 6

Pr oje c t L oc ation  E ig ht 100%-o wne d pro je c ts lo c a te d in Ya ma rna a nd Burtville T e rra ne s  … a n a c tive disc ove ry a re a in the e a ste rn ha lf of the E a ste rn Goldfie lds Supe rte rra ne Duke ton  Re c e nt disc ove rie s Attila Mo o la rt We ll (2002); T ro pic a na (2005); Ce ntra l Bo re (2009); Ga rde n We ll (2009)  Go o d ro a ds, e xpa nding infra struc ture opic a na T r oje c ts  Oc tobe r 2010 : Ne w g e o c hro no lo g y Nove mbe r 2010 : Bre a ke r pe g s ’s Pr e ake r Br E aste r n Goldfie lds Supe r te r r ane (E GST ) 7

Pr oje c t Ove r vie w  F o c us o n ke y struc tura l ta rg e ts o utside the “re c e nt” disc o ve ry a re a s (ma jo r fa ults, jo g s, do me s)  Pro je c ts inc lude 190km o f Ya ma rna She a r, o the r ma jo r fa ults, a nd fo ur Duke ton undrille d g re e nsto ne b e lts  Histo ric a l e xplo ra tio n mino r Attila <10% so il g e o c he m c o ve ra g e (WMC mid-90s)  thre e undrille d a re a s +30ppb Au (sa me a s T ro pic a na ) oje c ts  Prio r limita tio ns fo r e xplo ra tio n opic a na T r a ddre sse d: ’s Pr  Ne w da ta (ma g ne tic s, re se a rc h) e ake r  Co smo / Yilka -Bre a ke r a g re e me nt Br  I mpro ve d a na lytic a l te c hniq ue s E aste r n Goldfie lds Supe r te r r ane (E GST ) 8

E xplor ation Str ate gy L o w c o st sc r e e ning fo r big de po sit signatur e s using wide -spac e d so il ge o c he mistr y  Wide -spa c e d a ug e r drilling to (1,600m x 400m)  F o llo w-up infill a ug e r sa mpling o n de fine d a no ma lie s (400m x 100m)  Airc o re (to sc o pe the syste ms)  RC/ dia mo nd drilling o f ta rg e ts E ar ly fo c us  Ya ma rna She a r oje c ts  De xte r Pro je c t (g o ld syste m, drill re a dy) ’s Pr  Mt Gill Pro je c t (a no ma lie s) e ake r  Attila We st (in pro g re ss) Br Multi- e le me nt auge r soil sampling 9

De xte r Pr oje c t De xte r L a ndsc a pe : Gre a t Vic to ria De se rt (up to 298ppb Au g o ld-in-sa nd)) T ropic a na L a ndsc a pe : Gre a t Vic to ria De se rt oje c ts (up to 31ppb Au g o ld-in-sa nd)) ’s Pr e ake r Br 10

De xte r Pr oje c t  oc a tion L 140km SE o f L a ve rto n; 75km so uth o f Attila (1Mo z); 80km NW o f 1,102km 2 T ro pic a na (5.4Mo z)  A ve ry larg e pro je c t 72km Pe rth to  E sse ntia lly une xplo re d Ma ndura h!  Co ve r 25m to 70m (de e pe r to so uth) oje c ts  Initia l ste p 1,600m x 400m a ug e r soils (to sc a n for big g old de posits) ’s Pr e ake r De xte r Pr oje c t Inte r pr e te d Ge ology Br 11