PENINSULA MINES CORPORATE PRESENTATION Drilling planned to test - PDF document

ASX:PSM 07 August 2017 PENINSULA MINES CORPORATE PRESENTATION Drilling planned to test high-chargeability sulphide targets at Ubeong Peninsula Mines Limited (“Peninsula” or the “Company”) is pleased to release its corporate presentation to coincide with the Diggers and Dealers Conference in Kalgoorlie, Western Australia. The presentation includes planned drilling to test the Copperhead, very-high IP Chargeability porphyry/sulphide target at the Ubeong Zinc-Silver and Copper-Gold Project in South Korea D1 . For further information please contact: Jon Dugdale, FAusIMM, MAICD Managing Director Phone: +61 8 6143 1840 Email: jdugdale@peninsulamines.com.au The material and/or releases referenced in this release are listed below: D1 IP Survey Identifies Very Strong Sulphide-Porphyry Targets at Ubeong, 12 July 2017 About Peninsula Mines Peninsula Mines Ltd is an Australian listed, exploration/development company focused on developing the outstanding opportunities for mineral discovery within South Korea. Peninsula’s strategy is to focus on mineral commodities that have a positive price outlook and offer potential for off-take and/or strategic partnerships in-country. The Company has established, and is growing, a portfolio of highly prospective graphite, lithium, gold- silver and zinc-silver-polymetallic projects in South Korea, that all offer significant exploration potential. Full versions of all the company's releases are available for download from the Company's website www.peninsulamines.com.au

Historical Mines Copper-Gold Zinc-Lead-Silver Flake Graphite PENINSULA MIN INES LTD TD (A (ASX:PSM) FOCUSED ON HIG IGH-VALUE DIS ISCOVERY & DEVELOPMENT IN IN SO SOUTH KOREA August 2017

COMPETENT PERSONS STATEMENT AND DISCLAIMER The information in this presentation that relates to Exploration Targets is based on information compiled by Mr Daniel Noonan, a Member of The Australian Institute of Mining and Metallurgy. Mr Noonan is engaged as a full time consultant to the Company providing exploration managerial services for the Company’s Korean operations. Mr Noonan 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 2012 Edition of the ‘Australasian Code for Reporting of Mineral Resources and Ore Reserves’ . Mr Noonan consents to the inclusion in this presentation of information compiled and interpreted by him in the form and context in which it now appears. The information in this release that relates to metallurgical test work is based on information compiled and / or reviewed by Mr Peter Adamini who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Adamini is a full-time employee of IMO Project Services. Mr Adamini consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. The information in this release that relates to Geophysical Results and Interpretations is based on information compiled by Mr William Peters, a Consulting Geophysicist (Crosmin Pty Ltd) at Southern Geoscience Consultants. Mr Peters is a Fellow of the Australasian Institute of Mining and Metallurgy and Chartered Professional (Geology) 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 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ . Mr Peters consents to the inclusion in the release of the matters based on this information in the form and context in which it appears. The background information on the location and history of the Company’s key projects has not materially changed since they were first described in earlier ASX releases of the Company following the adoption by the Company of the reporting practices outlined in the 2012 edition JORC code. The Company's website is located at (www.peninsulamines.com.au). The website contains information on the Company's projects, project maps, a list of the Company's announcements to ASX, information on Native Title (including the tenement grant process and heritage surveys), legislative environments under which the Company operates, Corporate Governance, a section on risks, many of which are common to exploration companies and other useful information. All the information presented in this investor update has been released to the market in previous Company announcements and no new exploration results are presented in this presentation. A list of the Company's announcements is also obtainable from the Australian Securities Exchange. Forward-Looking Statements are included herein, regarding the future ability to finance projects and other statements that express management's expectations, or estimates regarding the timing of completion of various aspects of the projects' development or of our future performance and thereby constitute "forward-looking statements". The words "believe", "expect", "anticipate", "contemplate", "target", "plan", “aims”, "intends", "continue", "budget", "estimate", "may", "will", "schedule", and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. In particular, announcements and presentations by Peninsula Mines Limited include many such forward-looking statements and such forward- looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of Peninsula Mines Limited to be materially different from its estimated future results, performance or achievements expressed or implied by those forward- looking statements and its forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors are included in the Risks section of the Company’s website and ASX announcements available on the company’s websites. Peninsula Mines Limited expressly disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, events or otherwise, except where required by law.

CORPORATE STR TRUCT CTURE, DUAL FOCU CUS: METALS & & GRAPHITE Peninsula Mines Ltd (ASX:PSM) • ASX listed, 516m shares Other Retail 26% Aurora 29% • A$10m Market Cap (2.0c) • A$1m cash 30 June 2017 Other top 20 Graphene Korea Co. Ltd Directors 8% Offtake and Projects MOU Perth Seafoods 7% Lynch 6% Suyeon Mining Co. Ltd Korea Graphite Co. Ltd – to be incorporated* Ubeong Zinc-Silver & Osu Yongwon Daewon Other Korean Gold-Silver Graphite Graphite Copper-Gold Project Graphite Projects *Korea Graphite Co. Ltd to be incorporated shortly and the graphite projects to be transferred from Suyeon Mining PSM Directors – over 120 years of discovery, development and corporate/finance experience Phillip Jackson Non-Executive Chairman – lawyer, oil & gas and minerals experience Jon Dugdale Managing Director – geologist, track record of advanced discovery & financing Daniel Noonan Executive Director – geologist, resources & development experience Martin Pyle Non-Executive Director – geologist/MBA, track record - financing and corporate

FOCUSSED ON DIS DISCOVERY AND DE DEVELOPMENT IN IN SOUTH KOREA – 1. 1. Ubeong Base ase an and Precious Metals ls Project an and 2. 2. Gr Graphit ite Projects Key Projects, Granted: Polymetallic Projects: ▪ Ubeong: - Zinc - Silver & - Porphyry Cu-Au ▪ Osu: - Gold – Silver & - Porphyry Cu-Au Graphite Projects: ▪ Yongwon - Flake Graphite ▪ Daewon - Flake Graphite ▪ Other Korean Projects Drilling targets at Ubeong (Zn-Ag, Cu-Au), Osu (Au-Ag) and Yongwon (Graphite)

UBEONG, CHILBO PROSPECT – ZI ZINC-SILVER & COPPER-GOLD TARGETS 0m 500m ▪ Tenement/applications over 10km mineralised limestone-skarn, along strike from producing Section Keumho Zinc mine. ▪ High-grade Zinc-Silver mV/V targets in skarn- Krait limestone unit Cobra ▪ Very high chargeability features indicative of 28.4% Zn & 2.7% Cu sulphides (Cu-Au?) Copperhead above porphyry system H 69 H 59 48.8% Zn ▪ Drilling planned to test Drill H 70 H 60 for porphyry/skarn Zn- Site Ag & Cu-Au deposits Taipan 2m @ 29% Zn, 958 g/t Ag Keumho Mine Chilbo (Operating) Prospect IP chargeability image with XRF soil and rockchip results (Zn) Skarn-limestone unit & tenements on TMI Aeromagnetic image

UBEONG, CHILBO: VERY-HIGH IP CHARGEABILITY (SULPHIDE) TARGETS Krait Copperhead mV/V Cross Section 513,000mE ▪ Drilling to test very-high chargeability porphyry/sulphide target at Copperhead ▪ Further drilling planned to test zinc-lead-silver skarn targets in limestone >300m Krait Copperhead