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Investor Presentation

Investor Presentation. November 2012. An emerging Tin, Tungsten, Fluorspar Mining Company. Important Information. This presentation is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation.

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Investor Presentation

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  1. Investor Presentation November 2012 An emerging Tin, Tungsten, Fluorspar Mining Company

  2. Important Information This presentation is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions, investors should rely on their own examination of TNT Mines Limited and consult with their own legal, tax, business and/or financial advisers in connection with any acquisition of securities. The information contained in this presentation has been prepared in good faith by TNT Mines Limited. However, no representation or warranty, express or implied, is made as to the completeness or adequacy of any statements, estimates, opinions or other information contained in this presentation. To the maximum extent permitted by law, TNT Mines Limited, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use of, or reliance on, anything contained in or omitted from this presentation. Certain information in this presentation refers to the intentions of TNT Mines Limited, but these are not intended to be forecasts, forward looking statements, or statements about future matters for the purposes of the Corporations Act (Cth, Australia) or any other applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause TNT Mines Limited’s actual results, performance or achievements to differ from those referred to in this presentation to occur as contemplated. The presentation contains only a synopsis of more detailed information to be published in relation to the matters described in this document and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency or completeness of such information and to do so could potentially expose you to a significant risk of losing all of the property invested by you or incurring by you of additional liability. Recipients of this presentation should conduct their own investigation, evaluation and analysis of the business, data and property described in this document. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and you should satisfy yourself in relation to such matters. The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Russell Fulton, a Member of The Australian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Fulton has sufficient experience deemed 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 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Fulton consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Mr Fulton is a contractor employed by TNT Mines Limited. With respect to the JORC, Clause 18, and in respect of some targets the potential quantity and grade of them are conceptual in nature, and there may have been insufficient exploration to date to define a Mineral Resource and it is uncertain if further exploration would result in the determination of a Mineral Resource.

  3. Company Overview • An emerging mining company with a focus on advanced tin, tungsten and fluorspar projects within existing mineral producing regions of Tasmania, Australia. • Exposure to critical minerals in traditional (Construction and Consumer Electronics) and emerging (Solar Panels, Lithium Ion Batteries, Fuel Catalyst, Teflon) markets, with strong forecast price fundamentals for each commodity in the short to medium term (2-5 years). • A large pipeline of Tin and Tungsten projects in Tasmania across 5 separate projects. • The largest single Fluorspar project in Australia including a JORC Inferred Resourceof 3.9Mt CaF2 with significant tungsten & iron credits. • Experienced, dynamic and committed board, management team. • Share Placement in Novemberto raise $480,000; note that the Company proposes a 1:3 Capital Consolidation subject to shareholder approval following this Placement. • Progressing IPO to raise $3-$5m, with a target date of March 2013, to fund further resource drilling, scoping studies and pre-feasibility studies. 3

  4. Corporate Overview

  5. Lead Projects • Moina deposit is one of the world’s largest undeveloped Fluorspar deposits and the largest single Fluorspar project in Australia including an JORC Inferred Resource of 3.9Mt CaF2with significant tungsten and iron credits • Ringaroomahosts large shallow tin mineralisationwith significant zircon, rutile and ilmenite credits • Both projects are at the advanced stage with further drilling and evaluation planned to upgrade resources category and commence feasibility studies

  6. Moina - Fluorpsar Australia’s largest undeveloped Fluorspar project • Scoping study indicates large NPV • Fluorspar (CaF2) used to make cryolite (Na3AlF6); a critical ingredient in production of aluminium • Major producers: UC Rusal, RioTinto, Alcoa, Chalco, BHP Billiton • Metallurgical test work program underway to determine cost to fine-grind • Significant recoverable tungsten and magnetite • Development Plans • Complete metallurgical test work • Resource Infill drilling • Confirm optimum recovery methods • Feasibility study

  7. Moina - Fluorspar Australia’s largest undeveloped Fluorspar project 7

  8. Ringarooma – Offshore Alluvial Tin • Ringarooma Project – Offshore Alluvial Tin • ~4,000t of tin produced onshore close to TNT Mines’ marine tenements • Previous explorers (Mason, 2000) estimated JORC compliant resources as: • Inferred: 194Mm³ at 150-250g/m³ of tin; including • Indicated: 16Mm³ at 227g/m³ of tin • Development Plans • Undertake survey to accurately define extent of traps for mineralisation • Drill to determine extent of tin resource • Costing and economic studies

  9. Ringarooma – Offshore Alluvial Tin

  10. Aberfoyle – Tin, Tungsten • Aberfoyle • Historic recovered underground production: 2.1Mt @ 0.91% tin, 0.28% WO3, from a swarm of sheeted reefs & veins • Potential for open pit on upper levels • Current investigations show underlying granite is mineralised • Potential for seismic survey to define extensions to mineralisation & blind deposits (HiSeis system) 10

  11. Aberfoyle – Tin, Tungsten

  12. Aberfoyle – Tin, Tungsten

  13. Oonah - Tin Projects in Northwest Tasmania Oonah – EL63/2004, Queen Hill • Significant tin/silver/copper from previous mining operations • 2 diamond drill holes completed in August 2011 – assessing shallow open cut potential and recovery core for metallurgical testwork • Further planned diamond drill target (Anomoly 370) ready for drilling

  14. Oonah – Tin

  15. Commercial Objectives Value Long > Year 2 • Complete Moina Feasibility Study • Acquire additional value accretive Tin, Tungsten and Fluorspar projects worldwide to establish significant global footprint in high growth commodities Medium Year 2 • Conduct Feasibility Study on Moina • Conduct JORC Resource Upgrade drilling at Aberfoyle, Ringarooma and Oonah • Commence Aberfoyle Open Pit and Lutwyche underground Pre-Feasibility Study Short Year 1 • Complete Capital Raising of $3m - $5m and IPO • Conduct JORC Resource Upgrade drilling at Moina • Conduct Exploration Drilling and JORC Resource drilling programs on other projects Time

  16. Seed Capital Raising Seed capital raising to fund completion of JORC report on Moina and Ringarooma, drilling at Oonah, desktop studies and prospectus preparation for IPO targeting March 2013 Indicative Offer Indicative Timetable

  17. Use of Funds Use of funds focused mainly on Moina and Aberfoyle prior to IPO, targeting March 2013 17

  18. Comparable Companies TNT hosts a large pipeline of Tinand Tungsten projects in Tasmania across 5 separate projects; AND a Fluorspar JORC Inferred Resourcesof 3.9Mt CaF2 Note the current value of TNT at approximately $3.0m (pre placement) for ALL its commodities / projects 18

  19. Conclusion • An emerging mining company with a focus on advanced tin, tungsten and fluorspar projects within producing regions of Tasmania, Australia. • Exposure to critical minerals in traditional (Construction and Consumer Electronics) and emerging (Solar Panels, Lithium Ion Batteries, Fuel Catalyst, Teflon) markets, with strong forecast price fundamentals for each commodity in the short to medium term (2-5 years). • A large pipeline of Tin and Tungsten projects in Tasmania across 5 separate projects. • The largest single Fluorspar project in Australia including a JORC Inferred Resourceof 3.9Mt CaF2with significant tungsten & iron credits. • Experienced, dynamic and committed board, management team. • Progressing IPO to raise $3-$5m, with a target date of March 2013, to fund further resource drilling, scoping studies and pre-feasibility studies. 19

  20. TinMarket Overview • Tin Demand driven by China, Japan and Asia, for primary use in solder for consumer electronics, and potentially Lithium Batteries, Solar Panels and Fuel Catalysts • Tin Supply constrained from scaling back independent Indonesian and private Peruvian producers, while the gap between Chinese mined & refined Tin is growing • CRU Group 4 year commodity forecast has Tin ranked 2nd with 56% growth and “hot” 20

  21. TungstenMarket Overview • Tungsten demand is forecast to grow at a rate of 6-7% per annum, from 70,051t WO3 in 2010 to 111,602t WO3 in 2015 • Tungsten supply is dominated by the Chinese (85%) with the majority of production now consumed domestically creating a supply/demand imbalance • The APT price is expected to remain within $300-400mtu for the foreseeable future 21

  22. Fluorspar Market Overview • Fluorspar (CaF2) is the commercial name for the mineral fluorite and was included in the list of 14 raw materials labeled as “critical” by an expert group chaired by the European Commission of the European Union (EU). • Chinese consumption has surged and exports decreased, with an estimated 7 years of domestic CaF2 remaining creating a supply/demand imbalance • Big players: Rio Tinto, Rusal, Alcoa, Dupont 22

  23. Contacts 23

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