For personal use only Aussie Q Resources Limited ASX: AQR An - PowerPoint PPT Presentation

1 For personal use only Aussie Q Resources Limited ASX: AQR An Emerging Molybdenum & Copper Explorer Investor Presentation July 2010

Investor Presentation July 2010 2 Corporate Overview Corporate Overview For personal use only Capital Financials • Aussie Q Resources (ASX:AQR) • Strong Cash position – $2.5 million • • 128,822,589 shares on issue 128 822 589 shares on issue • • Market Capitalisation Market Capitalisation – ~$53 million ~$53 million Shareholders (July 2010) • Goody Investments Pty Ltd – 27.43% • • SLG Australia Pty Ltd – 8.54% SLG Australia Pty Ltd 8 54% • Washington H Soul Pattinson – 4.9% • Mr Thomas Mann & Mrs Catherine Mann (Mann Super Pension Fund A/c) – 3.88%

Investor Presentation July 2010 3 Share Price Chart – Year to date Share Price Chart Year to date For personal use only

Investor Presentation July 2010 4 An experienced Board – geological and corporate skills in place An experienced Board geological and corporate skills in place For personal use only Thomas Mann Mr. Mann has over 30 years experience in financial markets and global trade y p g Non-executive Chairman having established a global trading corporation with offices in North America, and the Asia-Pacific. Mr. Mann has been actively involved in capital raising and strategic development initiatives for public and private companies and is a director of ASX listed Resources and Investment NL. A member of the Geological Society of Australia, Mr. Goody has over 40 years John Goody Executive Director of experience in the mining industry. Responsible for the successful development of a range of projects throughout Australia, Papua New Guinea, Vanuatu, Exploration Philippines, China and Chile Sydney Griff Mr. Griff has over 40 years experience in the Mining and Resources sector in Australia and abroad. Has been involved in the corporate and operational Non-Executive Director development of a range of successfully developed ASX listed companies. Dr. Richard Haren Dr. Haren has over 20 years project management experience in minerals Non-Executive Director exploration and mining sector. A corporate member of the Australian Institute of Mining & Metallurgy, Society of Exploration Geophysicists, holds First Class Honours Degree and University Medal In Physics, and a PhD in Exploration G Geophysics from UNSW. h i f UNSW Edgar G. Newman Mr. Newman has over 33 years experience in the mining and exploration Independent Director industry. Since 1982, he has been involved in feasibility studies, design, construction and commissioning of several mining and processing operations in Australia and Papua New Guinea. Has designed and supervised metallurgical investigations on projects in Australia, Papua New Guinea, USA, Mexico and Dominican Republic.

Investor Presentation July 2010 5 M l bd Molybdenum – A Growth Market A G th M k t For personal use only Molybdenum (Mo) is known for its heat resistant properties and is used in a broad Molybdenum (Mo) is known for its heat resistant properties and is used in a broad range of industrial applications …Current usage driving demand – aligned with growth industries • Energy Sector – Offshore drilling, pipeline g gy fabrication, power plant construction • Steel Production – increasing in emerging markets emerging markets • Fabrication – consumers restocking raw materials

Investor Presentation July 2010 6 P Project Overview – Rawbelle Region j t O i R b ll R i For personal use only 100% ownership of 900km2 Molybdenum and Copper leases - near Monto, Central QLD y Anomoly 7B Kiwi Carpet Prospect N dd ’ C Noddy’s Creek k Juicy Fruit Project Whitewash Project Trevethan Kildare Project Bulls Eye

Investor Presentation July 2010 7 Whit Whitewash Molybdenum/Copper Priority Project h M l bd /C P i it P j t For personal use only • AQR s flagship Project and immediate focus • AQR’s flagship Project and immediate focus • 71.5mt JORC inferred resource • High grade Molybdenum/Copper mineralisation – open in all directions • Extensive drilling program underway – g p g y � 127 holes completed to date � 41,000 metres of drilling completed • AQR is expanding known area of AQR is expanding known area of Molybdenum/Copper mineralisation • Located in the Rawbelle Region – 34km from Monto Southern Queensland from Monto, Southern Queensland

Investor Presentation July 2010 8 Whitewash Project - Growing Resource Base Whitewash Project Growing Resource Base For personal use only Pl Planned upgrade of current 71.5 mt resource to d d f t 71 5 t t include results from Whitewash South

Investor Presentation July 2010 9 2010 d illi 2010 drilling - Whitewash South Highlights Whit h S th Hi hli ht For personal use only • Established area of mineralisation open in all directions • Established area of mineralisation open in all directions – New dimensions 500m by 350m and at depth of 647.5m • Diamond and reverse circulation (“RC”) rigs on site and operational operational • 48 holes completed – 23 holes assayed Diamond and RC drill rig at Whitewash • Higher grade Molybdenum and Copper encountered • Higher grade Molybdenum and Copper encountered South South • Geological “look-a-like” one of world’s largest Molybdenum deposits – Henderson Project in Colorado, United States • Whitewash Project demonstrates potential for open-cut scenario • Planned expansion of Whitewash/Gordons Resource base to incorporate assays from Whitewash South incorporate assays from Whitewash South Hole 99D: Crackle breccia at 103m. This section assayed Molybdenum: 0.27% (2710 ppm) (2710 ppm)

Investor Presentation July 2010 10 Recent Activity – Recent Activity – For personal use only Whitewash Project Hole 136 • New drilling has connected high grade molybdenum and high grade molybdenum and copper mineralised systems Hole 135 at Whitewash and Whitewash South • Expand established area of mineralisation across 2km Hole 134 strike length strike length • 41,000m of drilling completed to date – ~20,000m planned for upcoming program • Resource remains open in all directions and at depth directions and at depth

11 Investor Presentation July 2010 2010 Drilling program – Whitewash South Results 2010 Drilling program – Whitewash South Results For personal use only Hole105D: Hole 111D: Hole115: Hole 114: 100m@ 23m@1241ppm 12m@957ppm 31m@509ppm Hole99D: 503ppm Mo 503ppm Mo, Mo, 0.13% Cu Mo, 0.22% Cu Mo, 1.7% Ag 100m@ Hole 106D: 0.09% Cu 601ppm Mo, 9m@910ppm 0.11%Cu Mo, 0.13%Cu Hole102: 100m@ Hole98D: 497ppm Mo, 108m@ 0.05% Cu 505ppm Mo, 0 17% Cu 0.17% Cu Hole 90: Hole 97D: 79m@ 121m@ 482ppm Mo, 856ppm Mo, 856ppm Mo, 0 15% Cu 0.15% Cu 0.14% Cu Hole 96D: 115.6m@ Hole 94D: 517ppm Mo, 517ppm Mo, 131 7m@ 131.7m@ 0.17% Cu 816ppm Mo, 0.17% Cu Hole95D: Hole 91: Hole101: 110m@503pp 13m 132m@ m Mo, 0.22% @397ppm Mo, @397ppm Mo, 430ppm Mo, 430ppm Mo, Cu 0.32% Cu 0.19% Cu The results included represent the aggregate Mo and Cu grades received from each of the drill holes assayed to date. This information has been lodged with the ASX since the drilling program at Whitewash South commenced in December 2009.

Investor Presentation July 2010 12 Drilling results – Whitewash South Drilling results – Whitewash South For personal use only Core results from diamond drill hole 94 demonstrate strong Core results from diamond drill hole 94 demonstrate strong Molybdenum/Copper mineralisation Drill Hole 94 @ 91m - Polymict Drill Hole 94 @ 98.5m - Polymict Drill Hole 94 @ 331m - Crackle milled breccia with the Moly milled breccia with the Moly breccia with the Moly and matrix matrix Copper veins.

Investor Presentation July 2010 13 Future exploration targets – Gordons “look-a-likes” Future exploration targets – Gordons look-a-likes For personal use only Gordons • Whitewash South first of four identified Whitewash South first of four identified features stretching 2km South of Whitewash Whitewash IP Chargeability � Similar in geological setting to Anomaly – Gordons topographical knob Gordons topographical knob Juicy Fruit Juicy Fruit Whitewash South � High Copper and Molybdenum soil South geochemical anomalies Gordons � Quartz outcrop Quartz outcrop with collapse breccia Orange Hill • Remaining three Gordons “look-a-likes” to be targeted - Orange Hill, Lemon Hill Complex magnetic low l and Windmill Hill reflecting Lemon Hill granite, breccia and alteration • Gordons geology comparable with one of world’s largest Molybdenum deposits f ld’ l t M l bd d it – Henderson Mine, Colorado, United Windmill Collapse States Hill Breccia

Investor Presentation July 2010 14 Future exploration targets – Juicy Fruit South Future exploration targets – Juicy Fruit South For personal use only • IP anomaly identified at Juicy Fruit South • Juicy Fruit South to be significant future exploration focus – currently underexplored • Focus on determining extent of anomaly • Historical drilling results revealed � 960ppm Copper 960pp Coppe � 280ppm Molybdenum