beijing mines & money – june 2012

An Option on aWorld Class Minerals Package Beijing Mines & Money June 2012Mike Palmer, CEO Phone: +61 2 8920 2300 Mobile: +61 418 950 694

Strategy for Creating Shareholder Value May 2012An Option on a World Class Minerals Package

June 2012foyson...abundant harvest

Undervalued Leverage to potential World Class projects

Focus on Papua New Guinea islands & coast, providing favourable logistics & proximity to major developments

Amazon Bay - large, well located iron sands project with vanadium & titanium credits

Multiple gold/copper projects - located on same geological structures as major mines (Lihir, Simberi)

Strong management track record

Clear strategy & structure for shareholders value creation

ASX Code “FOY”; market cap $6 million; based in Sydney

Foyson Resources Snapshot



Significantly under valued when compared to ASX listed peers with iron-vanadium-titanium resources

1 Resources as defined by Company2 As at 1 June 20123 Refer Disclaimer Cautionary Statement

Amazon Bay - Undervalued Leverage

Company ASX Resource1 (tonnes) Location Market Cap2 ($M)

Foyson FOY 630 million3 PNG 6

Indo Mines IDO 165 million Indonesia 66

Amex Resources AXZ 220 million Fiji 71

TNG TNG 160 million NT 30

Speewah SPM 4.7 billion WA 16

Balla Balla Project - 450 million WA 40

IRON

SANDS

HARD RO

CK



Proximity to World Class Projects

PAPUA NEW GUINEA

140o 142o 144o 146o 148o 150o 152o 154o 156o

140o 142o 144o 146o 148o 150o 152o 154o 156o

2o

4o

6o

8o

10o

12o

2o

4o

6o

8o

10o

12o

Proximity to World Class Mining ProjectsLorengau

Kavieng

Namatanai

Rabaul

Hoskins

Kimbe

Kandrian

Kieta

Alotau

Popondetta

Port Moresby

Kembra

Daru

Lae

YonkiChimbu

Goroka

Wau

Mt HagenWabagTabubil

Wewak

Vanimo

Madang

FRIEDA

OK TEDI

PORGERA RAMUYANDERRA

KAINANTU

TOLUKUMA

HIDDENVALEY

WAFI-GOLPU

SINIVIT

SOLWARA

LIHIR

SIMBERI

WOODLARK

MISIMA

UPDATED MAY 2012

0 100 200

New Britain

Bougainville

New Ireland

GOLDEN PEAK

POIAMAZON BAY

ATUINORTH NEW BRITAIN

PALABONG

TANGALEGUSULUM

MUSSAUMANUS

Foyson Projects

Existing & Potential Mines

LEGEND



New management New strategy for prioritising projects New approach to project development New corporate structure Recapitalise New company name

New Corporate StructureRevised Corporate Structure

Titan Resources Pty LtdGold/Copper

New Ireland Holdings LimitedGold/Copper

Amazon Bay Holdings LimitedIron sands/Vanadium/Titanium

100% 100%50% plus 50% Option



Over 100 km stretch of coast line, 200 km south east of Port Moresby

Focus on 30 km long Threadfin area, which has exploration target of 630 million tonnes 1

Concentrate of 55% Fe, 1% V2O5 & 17% TiO2

Plan to drill Threadfin to JORC status in CY2012

Metallurgical processes now exists to separate out high purity vanadium and titanium products

Low cost, well tested production process - similar to BlueScope Steel at Waikato, New Zealand

Amazon Bay Iron Sands - Overview

1 Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation. Refer Disclaimer Cautionary Statement



Amazon Bay Proposed Drilling

Radiometrics draped over Google Earth

1600m



Located on the same volcanic arc as Lihir (56Moz) and Simberi (6.5Moz)

Mostly unexplored because of limestone cover

Exposed volcanic rocks contain epithermal veins with up to 28g/t gold (BHP past exploration)

Proposed exploration: - Airborne magnetics - Drill through cover

Gold/Copper Projects - Proximity to World Class Mines Mussau Island



Under-explored porphyry Cu-Au project

Same volcanic arc as Panguna (23Moz Au, 6.5Mt Cu in resources and past prod)

1980’s – Esso estimate 30Mt at 0.25% Cu (not JORC) based on old drilling

Recommended by Esso: - IP survey - Deep drilling (>900m) - Scout drill untested leach cap and covered surrounds

Gold/Copper Projects - Proximity to World Class Mines Legusulum



Undrilled porphyry Cu-Au at ATUI on a known porphyry trend – IP and drilling underway

Significant rock chip occurrences to be followed up

Gold/Copper Projects - Proximity to World Class Mines New Britain



Expenditure focussed on contribution to creating shareholder value

Undervalued leverage to major Iron Sands, Vanadium and Titanium project

World class PNG gold/copper tenement package with immediate drill targets

Management track record of project delivery

Foyson Resources Conclusions



This document has been prepared by Foyson Resources Ltd (the Company). This document contains background information about the Company and its projects current at the date of this document. It does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this document.

The document is for information purposes only. Neither the document nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This document may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction.

To the fullest extent permitted by law, Foyson Resources Ltd, its officers, employees, agents and advisers do not make any representation or warranty, expressed or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this document. No responsibility for any errors in or omissions from this document is accepted.

Where Foyson Resources Ltd expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis.

1 To the extent that there is information set out in this document, any potential quantity and grade is conceptual in nature, as there has been insufficient exploration to define a mineral resource under the JORC Code and it is uncertain if further exploration will result in the determination of a mineral resource under the JORC Code. Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation.

The information contained in this document that relates to Exploration Results or Mineral Resources or Ore Reserves is based on information compiled by Mr Chris Young who is a Member of the Australian Institute of Geoscientists. Mr Young has sufficient experience which is relevant to the style of mineral deposits 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 Mineral Resources and Ore Reserves”. Mr Young consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears.

Foyson Resources LtdNOTICE AND DISCLAIMER CAUTIONARY STATEMENT

beijing mines & money – june 2012

Travel