Fi Finder nders s Res esou ources ces Li Limit ited ed ASX - PowerPoint PPT Presentation

Fi Finder nders s Res esou ources ces Li Limit ited ed ASX Inves estor or Day Feb ebrua uary y 24 2011

Disclaimer claimer This presentation (Presentation) has been prepared by Finders Resources Limited (Finders) based on information available to it and from third party sources. By retaining this Presentation, you (the Recipient) acknowledge and represent to Finders that you have read, understood and accepted the terms of this Important Notice. If you do not accept these terms, you should immediately destroy or delete this Presentation. This Presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in Finders. You should not treat the contents of this Presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty is made by Finders or any of its advisers, agents or employees as to the accuracy, completeness or reasonableness of the information contained in this Presentation or provided in connection with it. No information contained in this Presentation or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections set out in this Presentation. No liability will attach to Finders with respect to any such information, estimates, forecasts or projections. Finders does not accept responsibility or liability for any loss or damage suffered or incurred by you or any other person or entity however caused (including, without limitation, negligence) relating in any way to this Presentation including, without limitation, the information contained in or provided in connection with it, any errors or omissions from it however caused (including without limitation, where caused by third parties), lack of accuracy, completeness, currency or reliability, or you or any other person or entity placing any reliance on this Presentation, its accuracy, completeness, currency or reliability. Finders does not accept any responsibility to inform you of any matter arising or coming to Finders' notice after the date of this Presentation which may affect any matter referred to in this Presentation. Any liability of Finders, their advisers, agents and employees to you or to any other person or entity arising out of this Presentation including pursuant to the Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Part IVA or V (including sections 51AA, 51AB, 51AC, 52 or 53) of the Trade Practices Act 1974 or any corresponding provision of any state or territory legislation, or similar provision under any applicable law is, to the maximum extent permitted by law, expressly disclaimed and excluded. The distribution of this Presentation may be restricted by law in certain jurisdictions. Recipients and any other persons who come into possession of this Presentation must inform themselves about, and observe any such restrictions. Future matters: This Presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of Finders. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of Finders may be influenced by a number of factors, many of which are outside the control of Finders. No representation or warranty, express or implied, is made by Finders, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved Given the risks and uncertainties that may cause Finders' actual future results, performance or achievements to be materially different from those expected, planned or intended, Recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. Finders does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended. 2

Un Unde dervalue alued d Em Emer erging ing Copper pper Pr Producer ducer 3,000 8.0 Producers average EV / Reserves (Blue) or Resources (Green) Cu Eq grade $2000 EV/t Cu Eq 7.0 2,500 6.0 EV / t Contained Cu Eq (AUD $) 2,000 5.0 “Darlings” average Cu Equiv Grade % $1400 EV/t Cu Eq 1,500 4.0 3.0 1,000 2.0 500 1.0 - - TLM SBR EXS TGS RXM FND ABY SWN DML CDU SFR EQN CGG PNA JML SRL OZL Finders is poised for value increase (currently ~$500/t Cu Reserves) 3

Investm estment ent Highl hlights ights Robust t Economic ics 9 year mine life based on existing 8.2Mt @ 2.5% Cu Proven and Probable Ore Reserve.  At the High grade, low strip ratio (<1:1) results in attractive cash costs of US$1.00/lb  Wetar ar Copper r Project  Technically de-risked through 5 tpd Cathode Cu Demonstration plant since late February 2009. De De-Ris isked ed Transition tion to to  All cathode sold at premium to LME, proximity to Asian markets Product uction ion  Poised for brownfields expansion to 23,000 tpa Cu cathode at Wetar Copper Project.  Diverse mining and investment experience across the Board and Management. Experience rienced d Managem gemen ent t With Strong g Community nity  Extensive Indonesian operating experience. Relati tions ons  Strong local community relations and support for full-scale mining operations.  Exploration of near-mine targets to extend Wetar mine life. Further her Grow owth h Pot Potenti tial al With Pipeline line  Ojolali exploration programme seeking 500 koz Au eq resource to support start-up mining operation. Gold & Silver ver Project  Regional „ greenfield ‟ growth opportunities under review.  One of the few ASX listed junior copper companies in transition to commercial production. Attrac tractiv ive e Valuat ation ion  Attractively priced on an EV/t basis relative to peer group.  Quality shareholder base with major support from expert institutional investors. High margin copper operations and potential gold-silver pipeline project 4

Corporat porate e Ov Over ervie view Shareholder eholder Register er Capit ital al Structure ture (2 Dec 10) Resource Capital Fund 10.5% (12.6% diluted) Ordinary shares (ASX + AIM) 272m Straits Resources Ltd 11.1% Share Price A$0.48 Acorn Capital Ltd 10.4% Market Capitalisation ~A$130m Taurus Resources 10.0% Options (Unlisted) 5.6m Lujeta Pty Ltd 5.7% Convertible Notes (conversion 2012, 12%, $0.36 par) US$1.5m Directors/Staff 8.0% Cash ~A$14m Quality shareholder base with major support from expert institutional investors 5

World ld Cla lass s Mi Miner eral al Pr Provi vince nce Wetar Copper er Project ect Ojolali lali Gold-Silv ilver er Project ect World class mineral province with some of the world‟s largest operating mines 6

Wetar etar Cop oppe per Proj oject ect  Heap leach/SX EW copper cathode Staged Expansion to 23,000 tpa utilising Whim Creek plant 7

Wetar etar Or Ore e Res eser erves s (FND 95% ) 8.7yrs LOM JORC reserves to produce 146,000t cathode.  Exploration programme of near-mine targets to recommence Q1 2011 targeting additional minable resources.  Meron prospect has potential size of 0.5mt – 1.5mt at 1-3% Cu based on historical drill results (2km from Kali Kuning).  Contained (0.5% Cu Cut-off) Category Tonnes (m) Grade % Cu Copper (kt) Kali Kuning Pit Proved 4.91 2.5 123 Probable 0.85 2.2 19 Sub- 5.76 2.5 142 Total Lerokis Pit Proved 2.05 2.4 49 Probable 0.37 2.3 9 Sub- 2.42 2.4 58 Total Combined Proved 6.96 2.5 172 Probable 1.22 2.2 28 Total 8.18 2.5 205 The tonnes and grades are stated to a number of significant digits reflecting the confidence of the estimate. Since each number and total is rounded individually the columns and rows in the above table may not show exact sums or weighted averages of the reported tonnes and grades. 8

Wetar etar Pr Project ect Tran ansi sition tion to Full ll-Sca Scale le Pr Producti uction on Project ect Ove vervie view Project ect locati tion on is a former r Billit iton on gold mine:  Key infrastructure in place – camp, wharf and roads.  Simple open cut mining, deepening existing pits  Long established relationship with local community.  Project ect deve velop lopmen ent now ow signific ican antly tly de-ris isked. ed.  Demonstration SX-EW plant since late February 2009. • Proven leaching of chalcopyrite, covellite and chalcocite at ~80 0 C • DFS completed for 2-stage development. • Environmental permit granted for full scale 23ktpa project. • Await aiting ing mining ing permit t approvals als, , and clarif ificat ation ion of jurisdic dicti tion n  ove ver r land adminis istra trati tion: on: after former r mining ng activit vities ies Documentation for Pinjam Pakai complete, no red flags – • conversion forest classified as bushland and open ground Provincial re-zoning plan : Kali Kuning / Meron in non-forest area • Minimal Stage 2 delay – hence minimal value impact. • 9