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AFRICA RESOURCES
INVESTMENT CONGRESS
       Gold exploration in the Volta Region
       David Sumich – Managing Director, Volta Mining




 IRONMONGERS’ HALL, CITY OF LONDON     TUESDAY,   12 JUNE 2012
 www.ObjectiveCapitalConferences.com
Emerging resources company with
interests in iron ore and gold assets in
                            West Africa
                              June 2012
Disclaimer
Any forward looking statements in this Presentation have been prepared on the basis of a number of assumptions which may prove incorrect and
the current intentions, plans, expectations and beliefs about future events and are subject to risks, uncertainties and other factors, many of which
are outside Volta Mining Limited’s (“Volta Mining’s” or “the Company’s”) control. Important factors that could cause actual results to differ
materially from the assumptions or expectations expressed or implied in this Presentation include known and unknown risks. Because actual
results could differ materially to the assumptions made and Volta Mining’s current intentions, plans, expectations and beliefs about the future, you
are urged to view all forward looking statements contained in this Presentation with caution. This Presentation should not be relied upon as a
recommendation or forecast by Volta Mining. Nothing in this Presentation should be construed as either an offer to sell or a solicitation of an offer
to buy or sell securities in any jurisdiction.
This Presentation is not intended to provide the sole basis of any investment decision or other evaluation. Each recipient hereof contemplating an
investment in the securities of Volta Mining shall make, or shall be deemed to have made, their own independent investigation of Volta Mining and
related documentation and their own appraisals of the prospects and merits of the Company and its assets described herein.
All forecasts, facts, information, estimates and other statements of opinion contained in this Presentation have been prepared solely by, or on the
basis of, information supplied to Volta Mining. While the information contained herein is believed to be true and accurate, we expressly disclaim
any and all liability for representations or warranties, expressed or implied, contained herein, or in any other written or oral communications
transmitted or made available to any prospective investor.
No representation or warranty is made by Volta Mining that forecasts, projections, business goals or estimates contained herein will be achieved.
This Presentation speaks as of the date hereof. Neither the delivery of the Presentation nor any sale made hereunder shall, under any
circumstances, create any implication that there has been no change in the affairs of the Company after the date hereof.



Competent person’s statement
The information in this Presentation that relates to exploration results is based on information compiled by Mr Liviu Tusa, an employee of Volta
Mining and a Member of the Australian Institute of Geoscientists. Mr Liviu Tusa has sufficient experience which is relevant to the style of
mineralisation and types of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in
the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves.” Mr Liviu Tusa consents
to the inclusion in the Presentation of the matters based on his information in the form and context in which it appears.




ASX VTM | PAGE 3
Executive summary

Volta Mining is conducting a global roadshow to provide an update
on gold exploration results and its strategy for growth
» We are an emerging gold explorer with a vision to become a mid-cap
  resources company with a pipeline of advanced, sustainable projects in
  Africa
» We are a listed in the Australian Securities Exchange (ASX)
» We have a portfolio of early stage gold exploration projects in Burkina
  Faso and interests in iron ore in Gabon
» We have a highly experienced board and in- country management team
  in place with a track record of success in Africa
» We are an attractive investment for those seeking exposure to “ground
  level” entry into Africa



ASX VTM | PAGE 4
CONTENTS
                           Section 1
        Corporate vision and strategy

                          Section 2
                Gold project portfolio

                           Section 3
                   Iron ore in Gabon

                           Section 4
Summary: why invest in Volta Mining?
Section 1
Corporate vision and strategy
Who is Volta Mining?

Volta Mining is an emerging acquirer, explorer and developer of assets
»   Focus is on projects in Africa only
»   Africa is an attractive prospect:
    – it is highly prospective and underexplored
    – political risk is decreasing on average
    – acquisition costs are lower
»   Focus is on strong, well understood
    commodities: gold, iron ore, coal, manganese,
    copper

                                                    Regional office:
We are an Australian company                        Ouagadougou, Burkina
» We have vast access to skills                     Faso

» We operate in a well regulated capital market                        Seeking investment
                                                                       from the US and
» We adhere to the strictest anti-bribery and                          Europe
  corruption laws
» Australian companies are the defacto world
                                                                                            Corporate office:
  standard for Environment and Safety practices                                             Perth, Australia




ASX VTM | PAGE 7
Vision and goals

 Our vision is to become a leading mid-cap resources company with
 a pipeline of advanced, sustainable projects in Africa

 Short term goals: 0 – 6 months since listing in October 2011

 To complete a 10,000 – 20,000m auger drilling programme by Q1 2012 on
    To acquire large prospective and strategic landholdings in West Africa

 new projects
 Medium term goals: 6 – 12 months since listing in October 2011
 » To develop a pipeline of projects
 » To commence RC drilling (Stage 1) & additional infill and regional auger
   drilling programmes (Stage 1) across project sites
 » To further strengthen our financial position



ASX VTM | PAGE 8
Corporate snapshot

Capital structure (31 May 2012) 1                  Board of directors
Cash at bank                        ~AUD3.3 mn                     Mr George Lazarou
Total issued capital                  44,550,000                   Non-Executive Chairman
Options                               37,100,000
Exercisable at AUD20 cents on or
before 30 June 2014                                                Mr David Sumich
                                                                   Managing Director
Market capitalisation –             ~AUD11.5 mn
undiluted
                                                                   Dr Alain Gachet
 Shareholding summary (20 April 2012)
                                                                   Non-Executive Director
 Directors2                                  9%
 Project vendors                           7.2%
                                                                   Mr David Wirrpanda
 Seed investors                            7.6%                    Non-Executive Director
 HNW clients of Indian Ocean3             23.7%
 Australian institutions                   9.1%
                                                   Top 20 shareholders (31 May 2012)4                       70.58%
 Overseas institutions                     5.6%
                                                   1includes recent AUD2.3 million capital raise with Tranche
 Australian retail                        37.8%    2 subject to EGM
                                                   2includes 688,000 shares purchased on-market by MD

                                          100%     post-IPO @ ~20 cents
                                                   3Indian Ocean Capital: Lead Manager to IPO

                                                   which closed oversubscribed in September 2011
ASX VTM | PAGE 9                                   4includes merged holders
Section 2
Gold project portfolio
Regional focus: francophone West Africa

Volta Mining is reviewing gold, iron ore and other commodities in
francophone West Africa
Why West Africa?
» It is the fastest growing gold
  producing region in the world1
» No.1 globally in gold resource
  growth (1997–2005)2                                       Niger
                                            Mali
                                                                          Chad
» Gold production has
                           Senegal
  increased by more than                     Burkina
                                             Faso
  50% over the last 10 years2 Guinea               Benin                                              Primary focus
                                                                                                (francophone West
                                                                                                            Africa)
                                       Coté                                   Central African
» It plays host to numerous            d’Ivoire
                                                   Togo
                                                              Cameroon        Republic            Secondary focus
                                                                                                     (francophone
  iron ore deposits and has the                                                                       West Africa)

                                             Equatorial Guinea      Republic of the                  Francophone
  potential to become a significant                           Gabon Congo
                                                                                                      West Africa
                                                                        Democratic
  iron ore producing region in the                                      Republic of the
                                                                        Congo
  future
                                                           1Southern   Cross Equities, “Gold in Africa”, - 19 July 2010
                                                                 2Ambrian,   “West Africa Gold Sector” – March 2010
ASX VTM | PAGE 12
Control risks

 Burkina Faso
 » Security risk: Medium


 Gabon
 » Security risk: Low




 Source: Control Risks. Risk Map 2012 (www.controlrisks.com/Riskmap/Pages/RiskMap.aspx)

ASX VTM | PAGE 13
Why gold in Burkina Faso?

 » Burkina Faso is the 5th largest gold                Country                   % Greenstone               +1 Moz Gold
                                                                                          belt                  deposits
   producer in Africa and one of the
                                                       Ivory Coast                             35                   8Moz
   fastest growing1
                                                       Burkina Faso                            22                  12Moz
   – One gold mine operating in
                                                       Ghana                                   19                 110Moz
      20073
                                                       Guinea                                  11                  12Moz
   – Six gold mines operational by
      20103                                            Mali                                    10                  33Moz
                                                       Senegal                                  3                   3Moz
 » Rapidly expanding mining sector
                                                       TOTAL                                    3               +170Moz
   with over 60 foreign companies
   exploring in Burkina Faso3
 » Pro-mining government that
   operates under a modern, clear
   mining code (revised in 2003)
 » Good infrastructure (grid power,
   water)


                                                            3Mining   Journal special publication, “Burkina Faso”, Nov 2011
ASX VTM | PAGE 14     Table: Greenstone belt exposure and Au deposits, West Africa (source: USGC Minerals Commodities)
Gold project portfolio, Burkina Faso

Option to acquire 100% interest in three
projects in Burkina Faso*
Koro Gold Project
» Three (3) permits totalling: 615.6km2
»   Evidence of three (3) artisanal mining sites
»   Maiden auger drilling programme complete

Ibi Palga Gold Project
» Two (2) permits totalling: 492km2
»   Evidence of five (5) artisanal mining sites
»   Maiden auger drilling programme complete
Dangue Gold Project
» One (1) permit totalling: 242.51km2
»   Evidence of three (3) artisanal mining sites
»   Exploration programme underway




                                                   *For full commercial terms see ASX Announcement “Volta Mining acquires strategic
ASX VTM | PAGE 15                                  portfolio of new projects in Burkina Faso and Mali” dated 27 January, 2012
Koro & Ibi Palga Gold Projects: auger results

What is the significance of the maiden auger drilling programme
results?
» Drilling to date (11,836m; 1,311 holes) has confirmed large areas of
  anomalous gold at artisanal mining sites at the Koro and Ibi Palga Gold
  Projects
» The results confirm the potential for the areas to host significant gold
  mineralization
» Follow-up RC and infill auger drilling programmes are planned for both
  Koro and Ibi Palga Gold Projects
» Overall, the results support Volta Mining’s objective to define at least one gold
  resource of 1 million ounces of gold




ASX VTM | PAGE 16
Koro & Ibi Palga Gold Projects: regional geology




ASX VTM | PAGE 17
Koro Gold Project, Burkina Faso: auger results

Arbole Sud–Titanguen artisanal mining site
» Results have confirmed the presence of surface
  gold anomalism with geochemical values up to
  11,000ppb
» Previously defined anomalous area has the
  potential to be increased up to 7km based on
  regional auger results and geophysical information
» Geochemical auger drilling suggests that the style
  of mineralisation is similar to that of the
  Kalsaka gold mine situated in greenstone (green
  schist) 30km to the north
» Stage 1 RC drilling and infill auger drilling
  programmes are being planned to test the
  extension of the Arbole Sud-Titanguen artisanal
  mining site


ASX VTM | PAGE 18
Koro Gold Project, Burkina Faso: auger results




ASX VTM | PAGE 19
Ibi Palga Gold Project, Burkina Faso: auger results

Doussare-Kouma artisanal mining site
» Results have confirmed the presence of surface
  gold anomalism with geochemical values up to
  1,030ppb
» Previously defined anomalous area remains
  open along strike based on regional auger
  results and geophysical information
» Geochemical auger drilling suggests that the
  style of mineralisation is shear zone style gold
  mineralisation
» Stage 1 RC drilling and infill auger drilling
  programmes are being planned to test the
  extension of the Doussare-Kouma artisanal
  mining site


ASX VTM | PAGE 20
Ibi Palga Gold Project, Burkina Faso: auger results




ASX VTM | PAGE 21
Next steps

Exploration plan – Stage 1
» 4,000m RC drilling across both project sites
» 20,000m auger drilling (infill and regional) across both project sites
Timeframe:
» 6 - 8 months
Funding
» Fully funded to complete both programmes
Outcomes
» Proof of concept to warrant resource drill out




ASX VTM | PAGE 22
Our value proposition: current portfolio

Volta Mining’s current portfolio of assets have the potential to be a
company maker in their own right
                                                                    500

                                                                    450
 Market capitalization (AUD millions; approximate at 31 Jan 2012)




                                                                                                                 There is the
                                                                    400
                                                                            An increase in market                potential for
                                                                            capitalisation is possible           significant upside
                                                                    350     following the achievement            upon the
                                                                            of Volta Mining’s medium             diversification of
                                                                    300     term goals which include:            Volta Mining’s
                                                                            » An increase in land                portfolio to include
                                                                    250         position in Burkina              an iron ore asset
                                                                                Faso
                                                                    200     » The completion of RC &
                                                                                auger drilling
                                                                    150                                                                    ?
                                                                                programmes on new
                                                                                projects
                                                                    100                                                ?
                                                                    50

                                                                      0
                                                                          Volta Mining    Canyon       Boss        Middle Island Mt Isa Minerals West African   Golden Rim   Ampella Mining    Gryphon
                                                                            Limited      Resources   Resources                                   Resources                       Ltd          Minerals Ltd
                                                                                                      Limited
                                                                                                                                                                                   Have a JORC
                                                                                                                      Gold Explorers                                                Resource
                                                                                                       Market capitalisation AUD27 – AUD60 million                                      >2Moz

ASX VTM | PAGE 23
Section 3
Iron ore in Gabon
Why iron ore in Gabon?


                                  Geology



                    2   Belinga
                                  Infrastructure
                    iron ore
                    (4BT @
                    +60% Fe)




                                  No cross-border issues



                                  Politically stable



                                  Actively looking to increase
                                  foreign investment in mining



ASX VTM | PAGE 25
Imminent potential iron ore acquisition




» Can leverage off the Belinga (4BT @ +60% Fe) committed infrastructure


» Management view Gabon acquisition as a better opportunity than Mayoko
  initially presented


» Intend to have an exploration target in the short term




ASX VTM | PAGE 26
Track record of success

 Volta Mining’s management team were responsible for the acquisition and
 development of the Mayoko Iron Ore Project (DMC Mining) in Republic of
 Congo which grew from 33MT to an Exploration Target of 0.7BT – 1BT of iron
 ore in a three (3) year period


                                     2007 - 2010               2011 to date

                             Mr David Sumich           Mr David Sumich
                             Managing Director &       Managing Director &
                             Founder                   Founder


                             Dr Alain Gachet           Dr Alain Gachet
                             Technical Consultant      Technical Director


                             Mr Mohammed Munkailah     Mr Mohammed Munkailah
                             Country Manager           Regional Manager, Africa


                             Mr Liviu Tusa             Mr Liviu Tusa
                             Senior Geologist          Exploration Manager


ASX VTM | PAGE 27
Case study #1: DMC Mining Limited
                                                                                                             Mr David Sumich
                                                                                                             Founder & Managing Director (2007 –
                                                                                                             2010)

                                                                                                             Commodity Iron ore
                                                                                                             Location Republic of Congo
 July 2007    »   IPO: Market capitalization of approximately             AUD5
                  AUD5 million                                            million

 Dec 2007     »   Acquired the Mayoko Iron Ore Project (Republic of
                  Congo)

 May 2008     »   Initial JORC resource – Mayoko Iron Ore Project
                  (33MT)                                                                                            ACQUIRE
 May 2008     »   Stage 1 drilling commenced


 June 2008    »   Initial Scoping Study completed
              »   Employed 100+ Congolese and trained five (5)
                  geologists
                                                                                                                  ADD VALUE
              »   Local community provided with water and medical
 April 2009   »   supplies
                  Rail access agreement with CFCO


 June 2009    »   MOU with port authority (PAPN)
                                                                                                 MONETIZE
 July 2009    »   Exploration target size of 0.7-1.0 billion tonnes at
                  Mayoko Iron Ore Project

 Dec 2009     »   Stage 2 drilling and metallurgical testwork commenced

                                                                                    2012: African Iron Limited (ASX: AKI), owner of
  March       »   On-market cash takeover valued company at               AUD50
                                                                                    Mayoko asset, under takeover for ~AUD330
  2010            approximately AUD50 million                             million
                                                                                    million


ASX VTM | PAGE 28
Prospective assets: iron ore, Gabon

Volta has already formed strong in country relationships with key
government groups




HE Ali Bongo Ondimba, President of the           Volta Mining’s David Sumich, Managing Director (l)
Gabonese Republic speaking at the Volta Mining   and Mohammed Munkailah, Regional Manager-
sponsored Australia-Africa Business Council      Africa (r) with Minister of Mines for the Gabonese
Presidential Breakfast - Perth, April 3, 2012    Republic (c)


ASX VTM | PAGE 29
Section 4
Summary: why invest in Volta
                   Mining?
Summary: why invest in Volta Mining?

» Management have acquired , developed and monetized world class projects
  and our vision for Volta Mining is to replicate and exceed past successes


» The gold assets have the potential to be a company maker in their own right


» RC programme to commence imminently with continuous flow of results to
  follow


» Imminent Gabon iron ore acquisition has the ability to greatly increase market
  capitalisation within a short period of time




Thank you
ASX VTM | PAGE 31
@VoltaMining

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Gold exploration in the Volta Region

  • 1. AFRICA RESOURCES INVESTMENT CONGRESS Gold exploration in the Volta Region David Sumich – Managing Director, Volta Mining IRONMONGERS’ HALL, CITY OF LONDON TUESDAY, 12 JUNE 2012 www.ObjectiveCapitalConferences.com
  • 2. Emerging resources company with interests in iron ore and gold assets in West Africa June 2012
  • 3. Disclaimer Any forward looking statements in this Presentation have been prepared on the basis of a number of assumptions which may prove incorrect and the current intentions, plans, expectations and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside Volta Mining Limited’s (“Volta Mining’s” or “the Company’s”) control. Important factors that could cause actual results to differ materially from the assumptions or expectations expressed or implied in this Presentation include known and unknown risks. Because actual results could differ materially to the assumptions made and Volta Mining’s current intentions, plans, expectations and beliefs about the future, you are urged to view all forward looking statements contained in this Presentation with caution. This Presentation should not be relied upon as a recommendation or forecast by Volta Mining. Nothing in this Presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities in any jurisdiction. This Presentation is not intended to provide the sole basis of any investment decision or other evaluation. Each recipient hereof contemplating an investment in the securities of Volta Mining shall make, or shall be deemed to have made, their own independent investigation of Volta Mining and related documentation and their own appraisals of the prospects and merits of the Company and its assets described herein. All forecasts, facts, information, estimates and other statements of opinion contained in this Presentation have been prepared solely by, or on the basis of, information supplied to Volta Mining. While the information contained herein is believed to be true and accurate, we expressly disclaim any and all liability for representations or warranties, expressed or implied, contained herein, or in any other written or oral communications transmitted or made available to any prospective investor. No representation or warranty is made by Volta Mining that forecasts, projections, business goals or estimates contained herein will be achieved. This Presentation speaks as of the date hereof. Neither the delivery of the Presentation nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the Company after the date hereof. Competent person’s statement The information in this Presentation that relates to exploration results is based on information compiled by Mr Liviu Tusa, an employee of Volta Mining and a Member of the Australian Institute of Geoscientists. Mr Liviu Tusa has sufficient experience which is relevant to the style of mineralisation and types of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves.” Mr Liviu Tusa consents to the inclusion in the Presentation of the matters based on his information in the form and context in which it appears. ASX VTM | PAGE 3
  • 4. Executive summary Volta Mining is conducting a global roadshow to provide an update on gold exploration results and its strategy for growth » We are an emerging gold explorer with a vision to become a mid-cap resources company with a pipeline of advanced, sustainable projects in Africa » We are a listed in the Australian Securities Exchange (ASX) » We have a portfolio of early stage gold exploration projects in Burkina Faso and interests in iron ore in Gabon » We have a highly experienced board and in- country management team in place with a track record of success in Africa » We are an attractive investment for those seeking exposure to “ground level” entry into Africa ASX VTM | PAGE 4
  • 5. CONTENTS Section 1 Corporate vision and strategy Section 2 Gold project portfolio Section 3 Iron ore in Gabon Section 4 Summary: why invest in Volta Mining?
  • 7. Who is Volta Mining? Volta Mining is an emerging acquirer, explorer and developer of assets » Focus is on projects in Africa only » Africa is an attractive prospect: – it is highly prospective and underexplored – political risk is decreasing on average – acquisition costs are lower » Focus is on strong, well understood commodities: gold, iron ore, coal, manganese, copper Regional office: We are an Australian company Ouagadougou, Burkina » We have vast access to skills Faso » We operate in a well regulated capital market Seeking investment from the US and » We adhere to the strictest anti-bribery and Europe corruption laws » Australian companies are the defacto world Corporate office: standard for Environment and Safety practices Perth, Australia ASX VTM | PAGE 7
  • 8. Vision and goals Our vision is to become a leading mid-cap resources company with a pipeline of advanced, sustainable projects in Africa Short term goals: 0 – 6 months since listing in October 2011  To complete a 10,000 – 20,000m auger drilling programme by Q1 2012 on To acquire large prospective and strategic landholdings in West Africa  new projects Medium term goals: 6 – 12 months since listing in October 2011 » To develop a pipeline of projects » To commence RC drilling (Stage 1) & additional infill and regional auger drilling programmes (Stage 1) across project sites » To further strengthen our financial position ASX VTM | PAGE 8
  • 9. Corporate snapshot Capital structure (31 May 2012) 1 Board of directors Cash at bank ~AUD3.3 mn Mr George Lazarou Total issued capital 44,550,000 Non-Executive Chairman Options 37,100,000 Exercisable at AUD20 cents on or before 30 June 2014 Mr David Sumich Managing Director Market capitalisation – ~AUD11.5 mn undiluted Dr Alain Gachet Shareholding summary (20 April 2012) Non-Executive Director Directors2 9% Project vendors 7.2% Mr David Wirrpanda Seed investors 7.6% Non-Executive Director HNW clients of Indian Ocean3 23.7% Australian institutions 9.1% Top 20 shareholders (31 May 2012)4 70.58% Overseas institutions 5.6% 1includes recent AUD2.3 million capital raise with Tranche Australian retail 37.8% 2 subject to EGM 2includes 688,000 shares purchased on-market by MD 100% post-IPO @ ~20 cents 3Indian Ocean Capital: Lead Manager to IPO which closed oversubscribed in September 2011 ASX VTM | PAGE 9 4includes merged holders
  • 10.
  • 12. Regional focus: francophone West Africa Volta Mining is reviewing gold, iron ore and other commodities in francophone West Africa Why West Africa? » It is the fastest growing gold producing region in the world1 » No.1 globally in gold resource growth (1997–2005)2 Niger Mali Chad » Gold production has Senegal increased by more than Burkina Faso 50% over the last 10 years2 Guinea Benin Primary focus (francophone West Africa) Coté Central African » It plays host to numerous d’Ivoire Togo Cameroon Republic Secondary focus (francophone iron ore deposits and has the West Africa) Equatorial Guinea Republic of the Francophone potential to become a significant Gabon Congo West Africa Democratic iron ore producing region in the Republic of the Congo future 1Southern Cross Equities, “Gold in Africa”, - 19 July 2010 2Ambrian, “West Africa Gold Sector” – March 2010 ASX VTM | PAGE 12
  • 13. Control risks Burkina Faso » Security risk: Medium Gabon » Security risk: Low Source: Control Risks. Risk Map 2012 (www.controlrisks.com/Riskmap/Pages/RiskMap.aspx) ASX VTM | PAGE 13
  • 14. Why gold in Burkina Faso? » Burkina Faso is the 5th largest gold Country % Greenstone +1 Moz Gold belt deposits producer in Africa and one of the Ivory Coast 35 8Moz fastest growing1 Burkina Faso 22 12Moz – One gold mine operating in Ghana 19 110Moz 20073 Guinea 11 12Moz – Six gold mines operational by 20103 Mali 10 33Moz Senegal 3 3Moz » Rapidly expanding mining sector TOTAL 3 +170Moz with over 60 foreign companies exploring in Burkina Faso3 » Pro-mining government that operates under a modern, clear mining code (revised in 2003) » Good infrastructure (grid power, water) 3Mining Journal special publication, “Burkina Faso”, Nov 2011 ASX VTM | PAGE 14 Table: Greenstone belt exposure and Au deposits, West Africa (source: USGC Minerals Commodities)
  • 15. Gold project portfolio, Burkina Faso Option to acquire 100% interest in three projects in Burkina Faso* Koro Gold Project » Three (3) permits totalling: 615.6km2 » Evidence of three (3) artisanal mining sites » Maiden auger drilling programme complete Ibi Palga Gold Project » Two (2) permits totalling: 492km2 » Evidence of five (5) artisanal mining sites » Maiden auger drilling programme complete Dangue Gold Project » One (1) permit totalling: 242.51km2 » Evidence of three (3) artisanal mining sites » Exploration programme underway *For full commercial terms see ASX Announcement “Volta Mining acquires strategic ASX VTM | PAGE 15 portfolio of new projects in Burkina Faso and Mali” dated 27 January, 2012
  • 16. Koro & Ibi Palga Gold Projects: auger results What is the significance of the maiden auger drilling programme results? » Drilling to date (11,836m; 1,311 holes) has confirmed large areas of anomalous gold at artisanal mining sites at the Koro and Ibi Palga Gold Projects » The results confirm the potential for the areas to host significant gold mineralization » Follow-up RC and infill auger drilling programmes are planned for both Koro and Ibi Palga Gold Projects » Overall, the results support Volta Mining’s objective to define at least one gold resource of 1 million ounces of gold ASX VTM | PAGE 16
  • 17. Koro & Ibi Palga Gold Projects: regional geology ASX VTM | PAGE 17
  • 18. Koro Gold Project, Burkina Faso: auger results Arbole Sud–Titanguen artisanal mining site » Results have confirmed the presence of surface gold anomalism with geochemical values up to 11,000ppb » Previously defined anomalous area has the potential to be increased up to 7km based on regional auger results and geophysical information » Geochemical auger drilling suggests that the style of mineralisation is similar to that of the Kalsaka gold mine situated in greenstone (green schist) 30km to the north » Stage 1 RC drilling and infill auger drilling programmes are being planned to test the extension of the Arbole Sud-Titanguen artisanal mining site ASX VTM | PAGE 18
  • 19. Koro Gold Project, Burkina Faso: auger results ASX VTM | PAGE 19
  • 20. Ibi Palga Gold Project, Burkina Faso: auger results Doussare-Kouma artisanal mining site » Results have confirmed the presence of surface gold anomalism with geochemical values up to 1,030ppb » Previously defined anomalous area remains open along strike based on regional auger results and geophysical information » Geochemical auger drilling suggests that the style of mineralisation is shear zone style gold mineralisation » Stage 1 RC drilling and infill auger drilling programmes are being planned to test the extension of the Doussare-Kouma artisanal mining site ASX VTM | PAGE 20
  • 21. Ibi Palga Gold Project, Burkina Faso: auger results ASX VTM | PAGE 21
  • 22. Next steps Exploration plan – Stage 1 » 4,000m RC drilling across both project sites » 20,000m auger drilling (infill and regional) across both project sites Timeframe: » 6 - 8 months Funding » Fully funded to complete both programmes Outcomes » Proof of concept to warrant resource drill out ASX VTM | PAGE 22
  • 23. Our value proposition: current portfolio Volta Mining’s current portfolio of assets have the potential to be a company maker in their own right 500 450 Market capitalization (AUD millions; approximate at 31 Jan 2012) There is the 400 An increase in market potential for capitalisation is possible significant upside 350 following the achievement upon the of Volta Mining’s medium diversification of 300 term goals which include: Volta Mining’s » An increase in land portfolio to include 250 position in Burkina an iron ore asset Faso 200 » The completion of RC & auger drilling 150 ? programmes on new projects 100 ? 50 0 Volta Mining Canyon Boss Middle Island Mt Isa Minerals West African Golden Rim Ampella Mining Gryphon Limited Resources Resources Resources Ltd Minerals Ltd Limited Have a JORC Gold Explorers Resource Market capitalisation AUD27 – AUD60 million >2Moz ASX VTM | PAGE 23
  • 24. Section 3 Iron ore in Gabon
  • 25. Why iron ore in Gabon? Geology 2 Belinga Infrastructure iron ore (4BT @ +60% Fe) No cross-border issues Politically stable Actively looking to increase foreign investment in mining ASX VTM | PAGE 25
  • 26. Imminent potential iron ore acquisition » Can leverage off the Belinga (4BT @ +60% Fe) committed infrastructure » Management view Gabon acquisition as a better opportunity than Mayoko initially presented » Intend to have an exploration target in the short term ASX VTM | PAGE 26
  • 27. Track record of success Volta Mining’s management team were responsible for the acquisition and development of the Mayoko Iron Ore Project (DMC Mining) in Republic of Congo which grew from 33MT to an Exploration Target of 0.7BT – 1BT of iron ore in a three (3) year period 2007 - 2010 2011 to date Mr David Sumich Mr David Sumich Managing Director & Managing Director & Founder Founder Dr Alain Gachet Dr Alain Gachet Technical Consultant Technical Director Mr Mohammed Munkailah Mr Mohammed Munkailah Country Manager Regional Manager, Africa Mr Liviu Tusa Mr Liviu Tusa Senior Geologist Exploration Manager ASX VTM | PAGE 27
  • 28. Case study #1: DMC Mining Limited Mr David Sumich Founder & Managing Director (2007 – 2010) Commodity Iron ore Location Republic of Congo July 2007 » IPO: Market capitalization of approximately AUD5 AUD5 million million Dec 2007 » Acquired the Mayoko Iron Ore Project (Republic of Congo) May 2008 » Initial JORC resource – Mayoko Iron Ore Project (33MT) ACQUIRE May 2008 » Stage 1 drilling commenced June 2008 » Initial Scoping Study completed » Employed 100+ Congolese and trained five (5) geologists ADD VALUE » Local community provided with water and medical April 2009 » supplies Rail access agreement with CFCO June 2009 » MOU with port authority (PAPN) MONETIZE July 2009 » Exploration target size of 0.7-1.0 billion tonnes at Mayoko Iron Ore Project Dec 2009 » Stage 2 drilling and metallurgical testwork commenced 2012: African Iron Limited (ASX: AKI), owner of March » On-market cash takeover valued company at AUD50 Mayoko asset, under takeover for ~AUD330 2010 approximately AUD50 million million million ASX VTM | PAGE 28
  • 29. Prospective assets: iron ore, Gabon Volta has already formed strong in country relationships with key government groups HE Ali Bongo Ondimba, President of the Volta Mining’s David Sumich, Managing Director (l) Gabonese Republic speaking at the Volta Mining and Mohammed Munkailah, Regional Manager- sponsored Australia-Africa Business Council Africa (r) with Minister of Mines for the Gabonese Presidential Breakfast - Perth, April 3, 2012 Republic (c) ASX VTM | PAGE 29
  • 30. Section 4 Summary: why invest in Volta Mining?
  • 31. Summary: why invest in Volta Mining? » Management have acquired , developed and monetized world class projects and our vision for Volta Mining is to replicate and exceed past successes » The gold assets have the potential to be a company maker in their own right » RC programme to commence imminently with continuous flow of results to follow » Imminent Gabon iron ore acquisition has the ability to greatly increase market capitalisation within a short period of time Thank you ASX VTM | PAGE 31