Objective Capital's Industrial Metals, Minerals & Mineable Energy Investment Summit 2011 Ironmongers' Hall, City of London 3 November 2011 Speaker: David Cliff, Empire Mining

1. INDUSTRIAL METALS, MINERALS
& MINEABLE ENERGY
INVESTMENT SUMMIT
Emerging mining opportunities in Turkish Copper
David Cliff – Empire Mining
IRONMONGERS’ HALL, CITY OF LONDON THURSDAY, 3 NOV 2011
www.ObjectiveCapitalConferences.com

2. EPC: TSX-V
Emerging mining opportunities in
Turkish Copper
Empire Mining Corporation
david@empireminingcorp.com 307 - 475 Howe Street
Vancouver, BC V6C 2B3
CANADA
November 2011 www.empireminingcorp.com

3. DISCLAIMER
This presentation contains forward-looking information and statements, as defined by law including without
limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform
Act of 1995 (“forward-looking statements”), respecting the Company’s future plans respecting its mineral projects.
Forward-looking statements involve risks, uncertainties and other factors that may cause actual results to be
materially different from those expressed or implied by the forward-looking statements, including without limitation
the availability of qualified workers; risks associated with exploration projects; dependence on third parties for
services; non-performance by contractual counterparties; title risks; financial ability of the company to proceed as
planned; force majeure; and general business and economic conditions. Forward-looking statements are based on
a number of assumptions that may prove to be incorrect, including without limitation assumptions about: general
business and economic conditions; the timing and receipt of required approvals; ability to procure equipment and
supplies; continued availability of licences; political stability; and ongoing relations with employees, partners and
joint venturers. The foregoing list is not exhaustive and we undertake no obligation to update any of the foregoing
except as required by law.
David Cliff is a Chartered Engineer and Member of the Institute of Materials, Metals and Mining and Fellow of the
Geological Society and is the Qualified Person under National Instrument 43-101 for the projects discussed in this
presentation, however the historic or other figures presented herein are not NI 43-101 compliant. A qualified
person has not done sufficient work to classify the historical estimates as current mineral resources or mineral
reserves, the Company is not treating the historical estimates as current mineral resources or mineral reserves as
defined by National Instrument 43-101, and the historical estimates should not be relied upon.
3

4. ‘AN EMERGING PRODUCER’
4

5. MANAGEMENT
Directors and Officers
David Cliff - President & CEO, Director
 26 years with Rio Tinto Exploration :former Exploration Manager, Europe;
 Involved in the discovery of three gold and one copper deposit;
 Extensive experience in the evaluation of mineral projects and in the negotiation of all forms of mining industry
agreements.
Robert Giustra – Chairman, Director
 Engaged in creating, financing, developing and managing publicly traded companies since 1992;
 Formerly an institutional sales broker with an international investment dealer;
 President & CEO of Columbus Gold Corporation and Columbus Silver Corporation.
Michael Johnson – Director
 Former Chairman of Glebe Mines Ltd., the principal fluorspar-barytes mining company in Western Europe;
 Holds (or has held) advisory positions with professional institutes, national governments, international
agencies and funding organizations, including the World Bank and the UN (Environment Program);
 External advisor on environmental matters to several international mining companies, including Rio Tinto and
New Boliden-Outokumpu.
Nick Clarke – Director
 Former Managing Director of Oriel resources which developed the Voskhod chromite mine, Kazakhstan.
 CEO of London based Central Asia Metals Ltd which has copper, gold and molybdenum assets in Kazakhstan
and Mongolia; also a non-executive director of AIM-listed Sunkar Resources plc and Obtala Resources plc.
 More than 40 years experience managing operations worldwide, including Anglogold Ashanti.
5

6. MANAGEMENT
Management and Specialist Advisors
Damyan Hristov – Business Development Manager
 With Rio Tinto for 15 years in various roles.
 Recently Project Leader Ore Reserves and Compliance.
 Previously project and business administration for Rio Tinto in Turkey, including work on the Çöpler gold
deposit.
Yassen Khrischev – Exploration Vice-President
 Exploration geologist with +15 years experience, especially within the SE Europe porphyry region;
 International multi-commodity experience over 11 years with Rio Tinto;
 Most recent experience with Newmont exploration for gold in Armenia.
Professor Lirim Hoxha - Country Manager Albania
 Over 50 years experience in ore deposit geology in Albania; 30 years at a senior level;
 Former Director Department of Ore Deposits & Metallogeny, Geological Research Institute;
 Former Deputy Director of the Albanian Geological Survey;
 Specialist in the interpretation of thrust tectonics applied to ore geology.
Aydin Şen – Exploration Manager advanced projects
 With Rio Tinto for 6 years in various roles including work in Turkey, Mali and Mozambique.
 Recent exploration management experience in Turkey with 3S and Mediterranean Resources.
6

7. (Reproduced from the Geo Center 1:800 000 scale map of Western Turkey.)
TURKEY: BURSA Cu-Au-Mo EXPLORATION
Location Map (Geo Center 1:800 000 scale map of Western Turkey)
N
• Easily accessed by road from
Ankara via Eskişehir or from
Istanbul via fast ferry to
Yalova or Mudanya.
• Good infrastructure;
power, water, educated and
skilled labour. Mining’
Area of interest tradition’.
• Upland forest area; 500-
1700m elevation.
7

8. TURKEY
Karapınar and Demirtepe copper projects
BURSA AGREEMENT WITH ANATOLIA MINERALS
DEVELOPMENT (NOW ALACER GOLD):
 Option for 65% interest Effective Date Sept. 17, 2007.
 Annual conditions met; cash payment and transfer of
Empire shares annually.
 In year 5 -> $280,000 + shares to 5% of EPC
(w/ above)
 By end of year 5-> $7.5 million in expenditures +
Technical Report
 by end of year 6 (2013)- complete pre-feasibility
study.
Expenditures to date -> $4,250 000
(Oct 31 2011)
_____________________
Agreed with ALACER: complete by 31/12/11 for
100% transfer to Empire in exchange for 19.9% of
Empire Mining. 8

9. BURSA DISTRICT: DEMIRTEPE AND KARAPINAR COPPER
Exploration and development stage title
Demirtepe
Karapınar
9

10. KARAPINAR
Drill Site KDH-006
Forested upland area, steep
sided slope, enhanced grades
above main water table based
on partial secondary
enrichment.
Granodiorite hosted
porphyry into marble with
potential for
undiscovered skarns in
addition.
10

11. KARAPINAR
Exploration history and key points
Karapınar Project
Exploration History Key Results Conclusions and Outcomes
Drilled in 2003 by Rio Tinto Drillhole KDH 002 intersected Rio Tinto prioritised another Anatolia
Exploration. Five holes for 221m (from surface) at 0.36% Minerals (Alacer) copper project in
2096m. Cu, 0.1g/t Au, 51ppm Mo and, Turkey (Tunceli) and withdrew from
from 273m after a dyke, 53m at the JV agreement in 2007. No further
0.31% Cu and 152ppm Mo. drilling.
Property optioned late 2007 by
Mineralisation in marble-hosted Empire Mining.
granodiorite porphyry
Empire drilled six holes for Indications of enhanced grades Further drilling deferred due to
1908m in 2008. close to surface including 99.7m financial crisis. Empire focused on
at 0.5%Cu. Mineralogy showed Albanian chromite.
secondary copper minerals to
be responsible for enhanced Copper focus moved to Demirtepe
near-surface grades. field work.
Primary grades confirmed at
about 0.3% Cu
Empire drilled a further Drilling led to secondary Discovery of leached potassically-
seven holes in 2011 for enrichment blanket beneath altered porphyry east of previously
1380m. oxide copper with 60m at drilled area.
0.9% Cu. IP survey helps confirm concept of
major porphyry body partially
Combined oxide and enrichment concealed by marble roof pendant.
zone at 0.63%Cu over 100m. Enrichment zone is possible pointer
to large tonnage, higher grade
porphyry.
11

12. KARAPINAR
Phase I Drill Results 2008: recognition of supergene overprint
Total Depth From To Intercept
Hole No. Cu (%) Mo (%) Au (g/t)
(m) (m) (m) (m)
KDH-006 363.00 0.00 99.70 99.70 0.50 0.0071 0.10
138.70 227.00 88.30 0.23 0.0022 0.06
KDH-007 380.50 5.50 133.20 127.70 0.31 0.0133 0.11
363.00 380.50 17.50 0.49 0.0112 0.07
KDH-008 323.00 0.00 224.00 224.00 0.36 0.0110 0.08
Including 20.00 141.00 121.00 0.47 0.0153 0.12
Including 43.00 86.00 43.00 0.72 0.0114 0.18
Including 43.00 68.00 25.00 1.01 0.0118 0.21
Including 202.00 218.40 16.40 0.62 0.0056 NS
KDH-009 278.00 19.00 206.60 187.60 0.34 0.0110 NS
Including 75.00 113.60 38.60 0.57 0.0190 NS
Including 97.90 113.60 15.70 0.77 0.0333 NS
KDH-010 101.00 No Significant Results
KDH-011 155.50 0.00 155.50 155.60 0.25 0.0148 NS
Including 60.00 84.00 24.00 0.46 0.0314 NS
TOTAL 1601.00
12

13. BURSA EAST: KARAPINAR
Chalcopyrite Visible in KDH-006
Drill hole KDH-006. Vuggy texture in Quartz, Pyrite, Chalcopyrite veinlet.
14

14. BURSA EAST: KARAPINAR
Native Copper in KDH-008
Drill hole KDH-008. Native Copper in Quartz vein at 29.5m
15

15. KARAPINAR
2011 Drill results; identification of leach zone/chalcocite
To Cu Mo Au
Hole No Total Depth (m) From (m) Intercept (m)
(m) (%) (%) (g/t)
KDH-012 286.20 0.00 266.30 266.30 0.30 0.014 0.09
Including (chalcocite) 24.90 29.60 4.70 1.00 0.003 0.08
KDH-018 211.50 31.60 211.50 179.60 0.48 0.014 0.10
Including (oxide+ chalcocite) 31.60 139.60 108.00 0.63 0.010 0.11
Including (chalcocite) 79.60 139.60 60.00 0.93 0.017 0.11
Including (chalcocite) 79.60 96.00 16.40 1.16 0.021 0.13
Including (chalcocite) 121.00 139.00 18.60 1.30 0.020 0.09
KDH-013 250.30 0.00 150.60 150.60 0.26 0.002 0.09
Including (chalcocite) 111.20 123.20 11.90 0.38 0.005 0.06
Including (chalcocite) 111.20 115.80 4.60 0.55 0.004 0.05
KDH-014 100.00 9.90 21.80 11.90 0.19 0.005 0.05
KDH-015 86.10 20.00 51.70 31.70 0.42 0.004 0.13
KDH-016 134.50 0.00 134.50 134.50 0.30 - 0.10
KDH-017 208.50 No significant intercept (limestone). Needs to be deepened.
16

16. KARAPINAR
Part of chalcocite zone in DHH-018
17

17. KARAPINAR:
Soil copper reflects porphyry but not leach/chalcocite area.
Zone of subdued soil copper
and no outcrop interpreted as
leached porphyry
18

18. KARAPINAR:
Geology and drilling; expansion potential. The Pebble analogy
Expansion and higher
Interpreted grade potential. IP
roof pendant; done to check
dolomitised area.
19

19. KAPAPINAR: CHARGEABILITY AT 1000m ASL
Copper in soils (>300ppm) and drill holes
Interpreted
roof pendant
KDH-018
60m thick N
chalcocite
enrichment Cross Section
zone grading at 722612E 0 250m
0.93% copper
20

20. KARAPINAR:
Chargeability profile and proposed drill test for primary Cu
21

21. KAPAPINAR: CHARGEABILITY AT 1000m ASL
Proposed drill holes; Phase 1 (black), Phase 2 (red)
Interpreted
roof pendant
KDH-018
60m thick
N
chalcocite
Cross Section
enrichment 0 250m
722612E
zone grading at
0.93% copper
Red stippling indicates potassic alteration 23

22. KARAPINAR
Anticipated technical milestones and costs
Work Planned Milestones Cost ($)
Complete reinterpretation work • Exercise Alacer option 1 400 000
• End 2011
Drill 13 holes for 2660m • Extend copper resource 1 200 000
based on vectors;
Initial process test work increased primary and
extended secondary
Environmental baseline study copper potential
• Process tests show good
Option to drill a further 3200m recovery characteristics (+1 500 000
based on more
• EBS shows no drilling)
environmental or
community issues to
date (mid-2012)
Order of Magnitude study Decision to proceed to Estimated $5-6M
feasibility study April 2013
24

23. DEMIRTEPE
Drill site DHT-003a
Wollastonite-garnet and copper-
gold-silver-molybdenum skarn
25

24. DEMIRTEPE
Exploration History 1 (2004-2008)
Demirtepe Project
Exploration History Key Results Conclusions and Outcomes
Identified in 2004 by Rio Initial reconnaissance work Rio Tinto awaited award of
Tinto/Anatolia JV as it lay showed a wollastonite skarn title.
within Area of Interest. containing copper and gold
mineralisation.
September 2006 acquired by No work done by Rio Tinto after No follow-up by Rio Tinto,
Anatolia on behalf of the JV the licence was acquired. who drilled three RC holes
at state licence auction. on a nearby licence before
withdrawing from the JV and
Turkey in 2007.
Property optioned late
2007 by Empire Mining.
Soil geochemistry, rock Soil and rock geochemistry Work initially deferred in
sampling and confirm copper-gold-molybdenum 2008 due to financial crisis.
geophysics carried out soil anomaly over a 1000 by Empire focused on Albanian
by Empire. Drilling 1500m area with Cu ranging from chromite until 2010.
commenced in 124 to 12050ppm and Au from
November 2007. 10ppb to 1.24g/t. Rocks from
0.28-1.06% Cu and higher values
Field work within the bornite-wollastonite
recommenced in 2010. skarn.
26

25. DEMIRTEPE
Exploration history 2 (2009-Present)
Demirtepe Project
Exploration History Key Results Conclusions and Outcomes
Initial drilling commenced Discovery hole DHT-001 Definition of Main Zone, which is cut
November 2010 and intersected 47.35m at 2.02% Cu, by a low angle detachment fault at its
completed in July 2011. 0.96g/t Au and 21.64g/t Ag base. Search commences for
36 holes drilled for including 8m at 9.1% Cu, 4.68g/t extensions to the southwest, based
8433m. Au and 95.3g/t Ag. on drillhole observations.
Baseline EBS Further drilling gives Mineralisation is driven by as-yet
commenced mid-2011. wollastonite-hosted copper and unidentified porphyry intrusion.
gold continuity over 350m of
strike and in corridor 100m Important and strategically-located
across and to a depth of 150m, wollastonite deposit outlined
termed the Main Zone. 21 of 27 (Hellingwerf report).
holes in Main Zone are
mineralised
Newly-identified Southwest Field work to the southwest reveals Southwest zone displays epithermal
Extension a continuous Cu-Au anomaly characteristics and is believed to be
currently about 1.8 km long and up closer to the porphyry body, which
to 800 metres wide open to the does not appear to be exposed
southwest; with elevated copper according to field mapping.
levels in soils broadly coincident
with elevated gold. Rock sampling
results include 4.68% Cu, 5.58 g/t
Au and 59.3 g/t Ag from
wollastonite bearing boulders and
3.2% Cu in garnet skarn boulders
27

26. DEMIRTEPE
Wollastonite at outcrop
28

27. DEMIRTEPE WOLLASTONITE-GARNET
A strategically-located source. A divestment opportunity.
29

28. DEMIRTEPE
Initial Soil Geochemistry – Copper
North Zone
500m
Main Zone
30

29. DEMIRTEPE
Soil Geochemistry - Gold
North Zone
500m
Main Zone
31

30. DEMIRTEPE
Old mine workings. Inset sample of wollastonite and bornite
32

31. DEMIRTEPE
Identified mineralised zones, drilling and copper in spoils
DTH-001 DTH-002
47.35m @ 2.02% Cu 21m@3.05%
and 0.96g/t Au Zn
DTH-034
18.40m @ 2.26% Cu
and 1.27g/t Au
DTH-007
34.6m @ 1.79% Cu
and 0.75g/t Au
DTH-018
23.6m @ 1.37% Cu
and 0.56g/t Au DTH-012
15.1m @
0.22% Mo
33

32. DEMIRTEPE
Type 1a/b) (best qualities) wollastonite in brown
Demirtepe Main Zone
Surface Projection of Wollastonite
with Sulphide Mineralisation
Copper (green) / Gold (red)
Demirtepe Main Zone (and possibly N Zone)
is detached by a basement fault.
N
0 100m
34

33. DEMIRTEPE MAIN ZONE
Longitudinal section with Type 1a/1b) wollastonite and Cu/Au
Average depth of basement fault
35

34. DEMIRTEPE
Mineralisation styles. Mainly bornite and wollastonite
DTH-005 at 48.6m: 7.1% Cu, 2.49g/t Au, 105g/t Ag
DTH-007 at 68.6m bornite, quartz-
pyrite with 6.78g/t Au: epithermal
overprint?
DTH-005 at 107.4m: 6.6%Cu,
1.84g/t Au, 66g/t Ag
Typical wollastonite-bornite
mineralisation
36

35. DEMIRTEPE
Old workings reflect mineralised zones
Workings on SW Extension (left) below the
crest of the hill 1.2km from Main Zone.
Considered to be the ‘hottest’ identified spot
so far with epithermal mineralisation.
Main Zone (below) close to drillholes 1 and 3.
37

36. Demirtepe Targets
Northern Zone, Zn
Anomaly
Main Zone, Cu/Au
Anomaly
Southwest
Zone, newly
identified area
under
prospecting

37. DEMIRTEPE:
Newly-discovered SW Extension copper in soil
39

38. Demirtepe SW Zone Mineralisation
EPC: TSX-V
Empire Mining Corporation
307 - 475 Howe Street
Vancouver, BC V6C 2B3
CANADA
www.empireminingcorp.com

39. DEMIRTEPE SW EXTENSION
Old workings, copper bearing quartz float in silica
Shattered and recrystallised
limestone created by
hydrothermal processes
41

40. DEMIRTEPE:
SW Extension with IP lines
Mineralisation in
previous pictures
42

41. DEMIRTEPE
Work plan and milestones against direct costs
Planned work, milestones and cost estimates
Work planned Plan Milestones Anticipated cost (US$)
Update and audit database Create initial resource estimate for internal use,
for Main Zone. prior to obtaining a NI43-101 compliant resource $550 000*
Continue sampling the SW estimate. Completion; mid-end October 2011.
Extension. Complete NI43-101 initial estimate, November 2011.
IP/resistivity survey. Determine extension potential. Design drilling
Convert licence 78161 to programme for Late November 2011.
Operational status. Decide on options for carving out wollastonite
and garnet.
Exercise Alacer option (project share including $775 000
due diligence)
Drilling; 6 holes for 1800 Extend the secondary copper mineralisation; $862 000**
metres. Option (brackets) for determine vectors for higher grade primary (Optional follow-up in
additional deep porphyry copper (gold and molybdenum). Completion, mid- event of deep porphyry
holes: 4 holes for 2500 March (depending on start date and snow mineralisation:
metres. conditions – alternatively, a start will have to be $625 000)
made in April 2012). Update NI43-101 compliant
resource estimate. Identified upside for 1Mt
Initial process test work on contained Cu.
main ore types. Process tests show good recovery $40 000
Environmental base line characteristics.
study
EBS and social feedback positive. Decision to $200 000
proceed to Order of Magnitude study. Mid 2012.
Order of Magnitude study Decision to proceed to feasibility April 2013 OoM costs to be
determined, but likely to
be $5-6M
*Assumes Alacer management on-cost to end December 2011 and includes already-committed costs for Q4.
**Assumes salaries and overheads for 6 months of 2012. No contingency. 43

42. Empire Mining Corporation
307 - 475 Howe Street
Vancouver, BC
V6C 2B3
CANADA
david@empireminingcorp.com
www.EmpireMiningCorp.com