Platypus Minerals Ltd 2013 AGM PRESENTATION BY MD 25 NOVEMBER 2013 - PowerPoint PPT Presentation

Platypus Minerals Ltd 2013 AGM PRESENTATION BY MD 25 NOVEMBER 2013

Disclaimer & Competent Person Statement This presentation has been prepared by Platypus Minerals Ltd (ABN 99 008 894 442) (“Platypus”) based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Platypus, its related bodies corporate, its or their directors, employees or agents, advisers, nor any other person accepts any liability for any loss arising from the use of or reliance on this presentation or anything contained in, omitted from or otherwise arising in connection with it, including, without limitation, any liability arising from fault or negligence on the part of Platypus, its related bodies corporate or its or their directors, employees or agents. The distribution of this document in jurisdictions outside Australia may be restricted by law and you should observe any such restrictions. This presentation is not an offer, invitation, solicitation or recommendation to invest in Platypus and neither this document nor anything in it shall form the basis of any contract or commitment. The information in this presentation does not take into account the investment objectives, financial situation and particular needs of investors and does not constitute investment, legal, tax or other advice. Before making an investment in Platypus an investor should consider whether such an investment is appropriate to their particular investment objectives, financial situation and particular needs and consult a financial adviser if necessary. This presentation does not purport to constitute all of the information that a potential investor may require in making an investment decision. Investments are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Platypus does not guarantee the performance of the investment referred to in this presentation, the repayment of any capital invested or any particular rate of return. You acknowledge that circumstances may change and the contents of this presentation may become outdated as a result. Platypus accepts no obligation to correct or update the information or opinions in this presentation. Opinions expressed are subject to change without notice. By accepting this document, you agree to be bound by the above limitations. The information in this public report that relates to exploration results is based on information compiled by Mr Tom Dukovcic who is a member of The Australian Institute of Geoscientists. Mr Dukovcic is an employee of Platypus Minerals Ltd and has sufficient relevant experience 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 ”. Mr Dukovcic consents to the inclusion in this report of information compiled by him in the form and context in which it appears. Certain statements in the presentation are or maybe “forward-looking statements” and represent Platypus’s intentions, projections, expectations or beliefs concerning among other things, future exploration activities. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Platypus, and which may cause Platypus’s actual performance in future periods to differ materially from any express or implied estimates or projections. Nothing in this presentation is a promise or representation as to the future. Statements or assumptions in this presentation as to future matters may prove to be incorrect and differences may be material. Platypus does not make any representation or warranty as to the accuracy of such statements or assumptions.

Table of Proxy Votes No. of Proxies received: 36 Votes cast: 465,911,864 For Against Abstain Resolution 1 301,010,437 1,707,122 163,194,305 Resolution 2 465,804,204 107,660 0 Resolution 3 465,891,704 20,160 0 Resolution 4 465,891,704 20,160 0 Resolution 5 465,791,704 120,160 0 A total of 36 valid proxy forms have been received, representing 465,911,864 proxy votes, of which 34 have appointed the Chairman as proxy. Of the 36 proxy forms received, 8 proxies, representing 9,288,564 votes, have not directed the Chairman how to vote. The Chairman at his discretion intends casting those votes for the resolutions.

Company Overview ASX-listed junior explorer with experienced and diversified board and management Primary Focus : Peruvian copper-gold projects, 230 sq km, San Mateo mining district, 100 km E of Lima • Secondary Focus : synergistic copper-gold, nickel-copper, IOCG projects in WA • Cheapest entry point into Peruvian copper and exposure to Chanape area. • Progressive news flow from WA projects ahead of results from Peru • Excellent upside for investors • Capital Structure Directors Rick Crabb , Chairman ; B.Juris, LLB, MBA, FAICD Market Capitalisation $6.4 million (@ 0.2c; 22/11/2013) Director of listed companies: Paladin Energy, Otto Energy, Golden Shares on Issue 3.21 billion Rim Resources. Tom Dukovcic , Managing Director ; B Sc(Hons), MAIG, 117 million, listed (1.0 c by 30 Apr ‘14) Options MAICD Geologist with 20 + yrs experience; proactive manager. 59.3 million, unlisted (0.3c by 31 Dec ‘14) Circum-Pacific Hldgs 15.18% Laurie Ziatas , NED ; B Juris, LLB, EMBA, MMedConflRes, MAICD Acorn Corporate P/L (L. Ziatas) 7.59% E xtensive corporate experience since 1990s; ex Inca Minerals. Jenny Egusquiza Oliveros 7.59% Major Shareholders Rick Crabb 6.57% Dennis Trlin, NED ; BEc, GDip FINSIA Directors 18.12% Background in stockbroking, investment advice and research. Top 20 62.07%

Exploration Portfolio PERU AUSTRALIA San Mateo Mining District: Western Australia: • Minera Chanape SAC – Central Project • Mt Andrew (Ni-Cu-gold) • San Damian – Regional tenements • Mt Webb (IOCG)

Peruvian Projects Ashburton Minerals Ltd, with overwhelming shareholder approval, acquired all of the shares in unlisted Platypus Resources Ltd ( PRL ) in October 2013 through the issue of 1.75 Bn ATN shares, and changed name to Platypus Minerals Ltd ( PLP ) to reflect the change in primary focus to copper exploration in Peru.

Peruvian Projects – tenure position PRL has secured two projects in Peru: Central Project 1. Central Project (3,450 ha), surrounding Inca Minerals (ASX:ICG) through an agreement to acquire Peruvian private company Minera Chanape SAC ( MC ); and 1. San Damian Project (20,000 ha), owned by PRL and held in trust for PRL by MC. San Damian Project Selected tenement holdings in the San Mateo Mining District showing Platypus (yellow) Inca Minerals (green) and Sandfire Resources’ subsidiary SFR Copper & Gold (blue).

Chanape area– geology Simplified geology, highlighting multi-phase intrusive and volcanic activity, and continuity of Chanape features into Platypus ground. Inca Minerals Ltd Chanape porphyry ‘discovery’ hole, CHDDH01: 380m – 600m (EOH), 220m @ 0.13% Cu, 120ppm Mo. Drilled through porphyry copper style alteration zone. ( Inca Minerals Ltd presentation, 13 March 2013 ).

Chanape area - geophysics Magnetics at 375 m Chargeability at depth. The annulus 150 m depth, might represent a highlighting concentration of predominant NE- magnetite in a zone SW trends in the of propylitic general area. alteration ( High Ridge, 2008 ). surrounding a porphyry deposit. ( High Ridge data, remodelled by Inca Minerals. Inca Minerals ASX release 30 November 2012 ). Geophysical data over the Chanape area shows continuity of prospective features into MC (Platypus) ground.

Inca extensions Example of extension of mineralisation from Inca’s ground into the Platypus ground includes recent surface rock chip sampling in the NE corner. Gold grades of 31.6 g/t, 13.7 g/t and 19.4 g/t occur adjacent to boundary, with regional NE-SW structural trends promoting continuity to the NE into Platypus ground. (Inca Minerals Ltd Quarterly Report September 2013).

Central Project – Platypus Targets In addition to targeting the obvious continuations of Chanape mineralisation, Platypus will initially investigate two priority targets wholly within its own ground, and Shullac separate to Chanape: 1. Cerro Molle – a large alteration anomaly 2. Shullac – a broad area of epithermal mineralisation associated with several artisanal silver-lead-zinc mines.

Cerro Molle – visible from satellite Modelling of Aster satellite spectral data by MC suggests the presence of a separate, and larger, porphyry target at Cerro Molle within the northwest part of the Platypus tenements.

Shullac Mine The Shullac mine veins are hosted within a mineralized breccia and lie on the NE-SW trend typical of the general Chanape area. Surface rock chip sampling within the Minera Chanape (Platypus) ground at Shullac returned up to: 1.0 g/t Au 45.8 g/t Ag The main portal at the Shullac 2.17% Pb mine provides access to 12.25% Zn workings throughout the 0.14% of Cu . mine area.