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March 2012
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March 2012

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  1. March 2012 TSX.V:CRF,FWB: 2CM, OTCQX : CORMF

  2. Disclaimer Certain statements herein may contain forward-looking information with the meaning of applicable securities laws. Forward-looking information appears in a number of places and can be identified by the use of such words as “intends” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information includes statements regarding the Company’s exploration plans with respect to the Property and the estimation of mineral resources, and are subject to such forward-looking risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such risks include gold price volatility, change in equity markets, the uncertainties involved in interpreting geological data, increase in costs and exchange rate fluctuations and other risks involved in the gold exploration and development industry. There can be no assurance that a forward-looking information herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of Coronet Metals Inc. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein are qualified by this cautionary statement. Coronet Metals Inc does not undertake to update such forward-looking information except with applicable securities laws. Slide 2

  3. Coronet’s Mandate To build a substantial junior gold mining and exploration company by acquiring advanced, near production, low cost assets in emerging countries Yanamina Project Slide 3

  4. Investment Highlights Resources • NI 43-101 compliant epithermal gold resource, with 83,100 oz Au Indicated, 123,700 oz Au Inferred resources, with significant exploration potential Low Cash Cost • Open pit, heap leach gold operation • Cost of production estimated at US$271 per oz Au Low Capex Requirements • Estimated capital expenditures of US$35 million • Good regional infrastructure in place with nearby roads and skilled labour pool • NPV (@5%) of US$40.5 million at Au price of US$1,025/oz Acquisition Opportunities • Strong base of contacts in South America to source potential acquisitions • Disciplined and explicit criteria for assessing opportunities Mining-friendly country • Peru is one of the major mining countries worldwide and is the world’s largest producer of silver and sixth largest producer of gold • S&P foreign long-term credit rating of BBB- (positive) Experienced Management • Proven team in place that has experience in all aspects of the development and financing of resource companies • Extensive exploration, mine construction and operational experience in Peru

  5. Capital Structure (Information as of March 31, 2012) Slide 5

  6. Management & Board of Directors • Management • Joel Dumaresq, CEO and Director • Mr. Dumaresq has for the past 10 years worked as Managing Director of private equity and merchant banking firm Matrix Partners Inc. Mr. Dumaresq has a background in finance and investment banking and formerly worked for 10 years for RBC Dominion Securities, a division of the Royal Bank of Canada. • Stephen Stine, P.E., President, Director and COO • Mr. Stine is a seasoned mining executive with extensive experience in public/private company formation, acquisitions, turnarounds, debt/equity offerings and general mine operations around the world. Mr. Stine is a co-founder and former Director of Alamos Gold where he served as COO in charge of exploration and production. Mr. Stine also worked as a consultant to Newmont Mining at their Yanacocha gold mine in Peru. • Theo van der Linde, CFO • Is a Chartered Accountant with 15 years extensive finance, administration and public accounting experience in diverse industries including mining, financial services, manufacturing and retail. During the last seven years of his career Mr. van der Linde has worked with Etruscan Resources Inc. (now Endeavour Mining) where he successfully transitioned through a period of growth that involved Etruscan going from explorer to producer and ended up as the CFO for Burkina Mining Company in Burkina Faso. Before that he worked in public accounting practice with WBLI Chartered Accountants and PriceWaterHouseCoopers in Halifax, Nova Scotia where he was involved in servicing several exploration and producing publicly-traded mining companies. • June Hamilton, Corp. Secretary • With over 25 years’ experience in the corporate commercial law and investment banking fields in Ontario, Ms. Hamilton moved to British Columbia in 2006 and was appointed Corporate Secretary to Longview Capital Partners Incorporated (now Resinco Capital Partners Inc.) in June 2007 and held that position until May 2011. She served as Corporate Secretary to Cue Resources Ltd. from June 2008 to May 2011, with Tanzania Minerals from November 2007 until September 2010 and with Terreno Resources Corp. (formerly Mega Moly Inc.), from November 2007 to July 2011. • Ricardo Saponara Casas, Business Administrator • Mr. Saponara is a Business Administrator graduated from the Lima University, with more than 20 years of experience in private companies. He is also a Custom Broker with specialization on International Commerce. In the last three years he became a member of the board of the Regatas Lima Club. He also has a specialization in Law and Mining. Miguel Aramburu, Director • As of January 2008, Mr. Aramburu is the CEO of Hochschild Mining Plc, where he has worked for many years in roles of increasing responsibility and prominence • Currently member of the Board of Directors of Pacfico Vida, CastrovirreynaCompañiaMinera, CorporacionMineraCastrovirreyna, CorporacionMiraflores, and Enfoca Leonard Harris, Director Mr. Harris retired in 1995 from acting as President and General Manager of Newmont Peru and President and General Manager of Newmont Latin America. Mr. Harris continues to serve as a director and consultant to over a dozen resource companies. Douglas Newby, Director • Has approximately 25 years of experience in the evaluation and financing of mining companies and projects worldwide • Has been the CFO of Polymet Mining Corp. since 2005 and has been President of Proteus Capital Corp. since 2001 • Previously served as Executive VP, Chairman, President and CEO of Western Goldfields Inc. David Kaplan, Director • Over 15 years experience in the mining industry • Currently the Portfolio Manager of LIM Advisors LLC, managing metal and energy futures and securities for a commodity hedge fund • Previously served as Vice President for Gerald Metals, as a metals trader for Glencore International, and as a physical trader and analyst for Glencore Ltd.

  7. Mining in Peru • Standard & Poor’s upgraded Peru’s foreign long-term credit rating to investment grade BBB- (July 2009) • Average GDP growth from 2006 to 2010 was 7.2%* • Peru is expected to grow 6% annually through 2011-2013* • One of the major mining countries worldwide • World’s largest producer of silver • Second largest producer of copper and zinc • Sixth largest producer of gold • During 2009†: • Mining exports grew 62% and reached US$26.89 billion • Mining investments grew 182% and reached US$2.77 billion • 7% of the total worldwide exploration investment was destined to Peru * Source: Banco Central de Reserva del Perú (“BCR”) † Source: Ministerio de Energía y Minas (“MEM”) Slide 7

  8. Yanamina Project • Located in the Department of Ancash, approximately 482km by paved road northeast of Lima • Situated 40km north of Barrick Gold’s Pierina (7.5 million oz Au) and 120 km south of Barrick Gold’s Alto Chicama / Laguna Norte (9.1 million oz Au) mines • Yanamina comprises of 6 concessions with 224 hectares at an elevation of 3,500 to 3,700 meters Yanacocha – Newmont (650 Mt @ 0.9 gpt Au containing 19 M oz of gold) Chiclayo Alto Chicama – Barrick(255 Mt @ 1.1gpt Au containing 9.1 M oz of gold) Trujillo Yanamina Gold Property Chimbote Pierina – Barrick (210 Mt @ 1.1 gpt Au, containing 7.5 M oz of gold) Huánuco • Daily airline connections from Lima to the Department capital of Huarez, 61 km to the south of the Project • Project envisioned to be an open pit, heap leach gold operation Slide 8

  9. Ancash Fault Zone Yanamina Gold Deposit 5km+/- Yungay Graben Gold Belt • Unrealized exploration potential in lands adjoining Yanamina and Pierina Barrick’s Pierina Mine

  10. Yanamina Exposed on Surface 100m +/- Red area outlines the Yanamina gold deposit exposed on a 50⁰ inclined slope of the east wall of the 200km long Yungay Graben. Barrick’s Pierina gold deposit is located 40 km south of the Yanamina Deposit and is also situated adjacent to the of the Yungay Graben as shown on the previous slide.

  11. Yanamina Geology • The property straddles the Ancash Fault Zone, with the gold deposit hosted by the Fault Zone • Deposit is a tabular body exposed on the westerly dip slope of Ancash Fault Zone • Mineralization is low sulphidation epithermal in origin • Substantial downdip and on-strike potential • Additional mineralized sheer zones in footwall Slide 11

  12. Yanamina Resource Summary • Current project resources are: • Present resource grading between 1.20 to 1.70 g/t Au and 7.00 g/t Ag • Resource determined from 3,402m of drilling from 78 drill holes February 2011 NI 43-101 Technical Report, Prepared by Southampton Associates Inc. Slide 12

  13. Yanamina Project • According to the February 2011 NI 43-101Technical Report (Preliminary Economic Assessment): • Treating 4,802,000 tonnes of ore grading 1.34 g/t gold and 5.65 g/t silver with heap leach recoveries of 73% gold and 40% silver resulted in a production of 151,000 oz gold and 349,000 oz silver at a cash cost of US$ 257/eqoz gold over a 5 year mine life. • Initial annual production of 41koz gold and 95koz silver with averages of 30koz gold/year and 70koz silver/year over the mine life. • Capital expenditures (including working capital) estimated to be US$ 35.5 million. • At US$ 1,025/oz gold and $16.50/oz silver, the IRR is 50%, the NPV at 5% is US$40.5 million and the payback is 1.47 years from the start of operations. • The PEA was based on a 5 year 1:1 stripping ratio open pit mine, a 3,000t/d heap leach operation and a US$6.5 million reclamation and closure cost. Slide 13

  14. Yanamina Drilling Plan Slide 14

  15. Yanamina Exploration Potential • 10,0000m of drilling planned • Potential to double or triple existing resource through infill and step-out drilling • Convert Zone 1 and Zone 2 resources to measured and indicated • Potential to dramatically increase resource with exploration drilling focused on target at depth, along strike and to each side of existing resource • Additional exploration opportunity on lands adjoining Yanamina and Barrick’sPierina mine

  16. Yanamina Project Comparable • The following chart compares Yanamina with Minera IRL’s Corihuarmi Gold Project, which has been in production since 2008:

  17. Yanamina Project Slide 17

  18. Local Market Knowledge • Core shareholders of Coronet were instrumental in financing and building Gran Tierra Energy (T:GTE). Today, Gran Tierra is a $2B diversified oil and gas production company with activities in a range of Latin American countries • The Directors of Coronet have a combined 150 years of experience in the exploration, development and financing of mine projects • The Board of Coronet has raised hundreds of millions of dollars for mining projects around the world • The Coronet team includes members who have extensive experience working with governmental, non-governmental and community groups in Peru

  19. Coronet Acquisition Criteria • Explore in pro-mining countries in South America • Low cash cost of production • Low CAPEX to get into production • Readily available infrastructure • Established Reserves • Potential to significantly expand reserves through additional exploration drilling Slide 19

  20. Thank You Slide 20