brazil resources august 26 2011 investor presentation

August 2011

This presentation contains "forward-looking information" within the meaning of applicable Canadian securities regulations. Forward-looking information includes, but is not limited to, statements with respect to the future price of minerals and the effects thereof, the timing and amount of estimated capital expenditures, costs and timing of proposed activities, plans and budgets for and expected results of exploration activities, exploration and permitting time-lines, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation obligations and expenses, the availability of further acquisition opportunities and Brazil Resources Inc’s ("BRI") use of the proceeds from financings. This forward-looking information is based on certain assumptions that BRI believes are reasonable, including that the current price of and demand for minerals being targeted by BRI will be sustained or will improve, that BRI’s current exploration programs and objectives can be achieved, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed on reasonable terms and that BRI will not experience any material accident, labour dispute, or failure of plant or equipment. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BRI to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, that BRI has a limited operating history, resource exploration and development is a speculative business, BRI may lose or abandon its interest in its properties, the Montes Áureos Property is in the exploration stage and is without known bodies of commercial ore, BRI may not be able to obtain all necessary permits and approvals that may be required to undertake exploration activity or commence construction or operation of mine facilities on any of its properties, environmental laws and regulations may become more onerous, BRI's ability to raise additional funds by equity financing and the fluctuating price of gold, as well as the other factors discussed in the section of the Final Prospectus (the "Prospectus") of BRI dated April 21, 2011 entitled "Risk Factors" filed with Canadian securities regulators and available at www.sedar.com.

Although BRI has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Except as required under applicable securities legislation, BRI does not intend, and does not assume any obligation, to update this forward-looking information.

The information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.

Technical Information

The technical information in this presentation is derived from the independent technical report dated March 16, 2011 entitled "Montes Áureos Gold Project, Maranhão, Brazil" prepared by Mario Conrado Reinhardt, BSc(Geo), MAIG of Coffey Mining (the "Technical Report"). Reference should be made to the full text of the technical report, a copy of the Technical Report is available at www.sedar.com. Reference should also be made to the full text of BRI's Final Prospectus dated April 21, 2011, which is also available at www.sedar.com.

FORWARD LOOKING INFORMATION

“The Newest Brazilian Gold Explorer In The Emerging Gurupi Belt”

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TSX-V: BRI

OTCQX: BRIZF

http://www.sedar.com/

http://www.sedar.com/

• Company formed September, 2009

• Newly listed on the TSX Venture Exchange as of May 16, 2011

• Strategic alliance with the Brasilinvest Group – a leading merchant bank that has attracted investments in the range of US $12 billion

• Focused on emerging producing gold districts in Brazil and developing a pipeline of project opportunities that are advanced, near term-production or early stage with drill-ready targets

• Experienced Brazilian operating, management and board teams

CORPORATE OVERVIEW


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TSX-V: BRI

OTCQX: BRIZF

• Company formed September, 2009

• Newly listed on the TSX Venture Exchange as of May 16, 2011

• Strategic alliance with the Brasilinvest Group – a leading merchant bank that has attracted investments in the range of US $12 billion

• Focused on emerging producing gold districts in Brazil and developing a pipeline of project opportunities that are advanced, near term-production or early stage with drill-ready targets

• Experienced Brazilian operating, management and board teams

CORPORATE OVERVIEW


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TSX-V: BRI

OTCQX: BRIZF

• Track Record of Discovery: Technical team involved in discovery and development of more than 10 million ounces of gold in Brazil spanning more than six projects and two mines – including Paracatu, the largest gold mine in Brazil

• Superior Access to Capital Markets: BRI’s executive team and directors have a proven track record in raising capital in the resource sector

• Focused on the Gurupi Gold Belt: An emerging district that hosts ~ 4 Moz of gold. Recognized mining companies including Kinross Gold, Jaguar Mining and Luna Gold are focused on the development and production of gold projects within the Gurupi Belt

• Established Infrastructure: All BRI projects are accessible by road and have abundant access to water, electricity and local labour with nearby towns

• Fully Financed: With over $7M cash on hand the company is well positioned to execute on exploration programs for the Montes Áureos and Trinta Projects totaling $1.9M

INVESTMENT HIGHLIGHTS


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TSX-V: BRI

OTCQX: BRIZF

As of August 10, 2011

Cash Position $7.1M

Shares Issued and Outstanding 35.0M

Warrants Outstanding .3M

Options Outstanding .3M

Total Issued and Outstanding 35.6M

CAPITAL STRUCTURE & SHARE PERFORMANCE


Recent Closing Price $1.20Trading Range (Since IPO) $1.00 - $1.45Average Volume ~55,000


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Shares Issued Share Performance

ValuationMajor Institutional Shareholders


Management and Insider Ownership ~35%

Institutional Ownership ~25%

• KCR Fund • Brasilinvest Group• Encompass Funds


Enterprise Value $35M

Market Capitalization $42M

Over CDN $7M in the treasury with no debt

TSX-V: BRI

OTCQX: BRIZF

OFFICERS, DIRECTORS AND ADVISORS


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Founder and CEO of Uranium Energy Corp, a NYSE Amex-listed company which became is North America’s newest uranium-producer.

Amir Adnani, ChairmanSteve Swatton, President & CEO

Former BHP Head of Global Business Development and Technical Division, Fortress Minerals CEO, Corporate Finance Mining analyst (Yorkton), Rio Tinto exploration geologist.

Mario Garnero, Director

Chairman of Brasilinvest Group merchant bank which has attracted investments up to US $12 billion to Brazil, President of United Nations Association-Brazil. Brasilinvests’s portfolio of investments are worth approximately US$1 billion.

Herb Dhaliwal, Advisor

Member of Parliament for over ten years. He served as Minister of Natural Resources, Minister of National Revenue and Minister of Fisheries and Oceans. The Vancouver Sun has recognized Mr. Dhaliwal as one of the top 100 influential British Columbians of the 20th century.

TSX-V: BRI

OTCQX: BRIZF

• Pat Obara, Director & CFO - Mr. Obara was Secretary, Treasurer and Chief Financial Officer of Uranium Energy Corp., a NYSE Amex listed company, and currently serves as Vice President Administration of Uranium Energy Corp. Mr. Obara has served as the Chief Financial Officer and a director of several public companies listed on the TSX Venture Exchange.

• David Kong, Director - Mr. Kong holds a Chartered Accountant designation in British Columbia and a U.S. CPA (Illinois) designation. From 1981 to 2004, he was a partner at Ellis Foster Chartered Accountants and was also a partner of Ernst & Young from 2005 to 2010. Mr. Kong is a director for several mining companies listed on the TSX Venture Exchange.

• Ovidio Antonio de Angelis - Served as the Minister of Regional Politics as well as the Minister of Urban Development in the Brazilian cabinet under President Fernando Henrique Cardoso from 1998 through 2002. He was Vice President of Brazil´s Foreign Trade Council in 2003. He served as the President of the State Bank of Goias from 1991 to 1993 and also Vice President of the Association of Commercial and State Banks of Brazil. Recently, from 2003 to 2008, Mr. de Angelis served as the Secretary of the Foreign Trade Bureau of the state of Goias.


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OFFICERS, DIRECTORS AND ADVISORS

TSX-V: BRI

OTCQX: BRIZF

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.

• Paulo Pereira - Exploration Manager with 25 year experience in exploration development in Brazil and Canada with De Beers and also more lately with junior companies developing new business opportunities in gold and base metals.

• Enzio Garayp - Served as the Exploration Manager for Kinross Gold Corporation in Brazil where he oversaw the delineation of an 8-million-ounce expansion of the 15-million-ounce Paracatu gold mine. He has over 25 years of experience and has worked with numerous multinational mining companies including Teck Cominco where he served as Country Manager-Brazil, CVRD, Anschutz, Falconbridge and Goldfields.

• Walter Yamaoka - Over 30 years of experience in the exploration and mining of gold in Brazil. His career has involved holding senior roles with AngloGold Ashanti, and has included the discovery and development of the four-million-ounce Crixas mine and the Mina 3, Mina Nova, Mina Palmeiras and Mina Pequizao gold projects.

• Antonio Sales - 30 years of experience in mineral exploration of gold, nickel, potash, bauxite and base metals. He worked for 12 years with METAGO, Metais Goias SA, in gold exploration of the greenstone belts of Goias and Tocantins, which resulted in the discovery of the Almas gold deposit in the region of Natividade Dianapolis, subsequently acquired by Vale and more recently by Rio Novo Gold.

TECHNICAL TEAM


TSX-V: BRI

OTCQX: BRIZF

• A leading merchant bank with over 80 associates in 16 countries

• Structured and completed projects and investment plans in Brazil in the range of US $12 billion

• Sample of transactions: ITT-Standard Electric SA, NEC, Cofap, Bombril, Fiat, Volkswagen, Varig, Boehringer, Celupa, Mellita

• Brasilinvest has been a pioneer in discussing themes such as globalization and its effects on the Brazilian market, with the planning, along with the Forum of the Americas, of important conferences and events

• Created in 1975 by Brazil Resources Inc. Director Mario Garnero

• First private merchant bank installed in Brazil

BRASILINVEST — A STRATEGIC PARTNER IN BRAZIL


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TSX-V: BRI

OTCQX: BRIZF

BRAZIL AS A DESTINATION FOR FOREIGN DIRECT INVESTMENT

INVESTING IN BRAZIL


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• Net Inflows of Foreign direct investment have increased from ~$10B in 2003 to ~$45B in 2008

• Strong infrastructure including the 3rd largest network of roads

• Stable political climate that encourage foreign investment

• 8th largest economy in terms of total GDP

• 7.6% GDP growth (2010); 26% increase in exports (2010)

• Population of 194M, including labour force of +100M

TSX-V: BRI

OTCQX: BRIZF

BRAZIL AS A PREMIER MINING JURISDICTION

• 5th largest country and is known to have significant gold deposits as well as other resources

• Over $40 billion in mineral production for 2010; underexplored compared to traditional jurisdictions

INVESTING IN BRAZIL


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• Clear permitting process with the federal government as the sole authority

• Royalty rate of 1% for gold and low tax rates

• The Fraser Institute ranked Brazil as the 3rd most attractive mining jurisdiction in South America

• Over $1.7 billion committed in Brazilian gold by respected miners between 2010 - 2014

TSX-V: BRI

OTCQX: BRIZF

• Luna Gold – Aurizona Gold Mine - Commences production – Estimated production 55-60,000 oz per

year– Announced potential for significant supplemental gold production from satellite deposits

identified adjacent to Aurizona

• Jaguar Mining – Gurupi – Completes feasibility study – 2.5 Moz @ 1.12g/t– Gurupi – Closes US$103.5mm Senior Convertible Note

• Brazil Resources Inc.‾ Announced conclusion of oversubscribed IPO to satisfy listing requirements‾ Commenced trading on TSX-V under symbol “BRI”‾ Announced the acquisition of 23,643-acre Trinta Project in the Gurupi Belt

GURUPI GOLD BELT IN THE NEWS IN 2011


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TSX-V: BRI

OTCQX: BRIZF

GURUPI GOLD BELT PLAYERS


Gurupi Project3.1 Moz

(Feasibility Study 02/01/11)

Cachoeira Project

Aurizona Mine1.3 Moz

(Production began 02/09/11)

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Trinta Project

Montes Áureos Gold Project

TSX-V: BRI

OTCQX: BRIZF

• Strategically positioned land tenure position in the emerging Gurupi Gold Belt

• Located 20 km southeast of the Gurupi Gold Project (Jaguar Mining) and 80km from the Cachoeira Gold Project (Luna Gold)

• Identified 2 km long X 300 m gold anomalous trend that is comparable to the footprint of the +1,000,000 oz. Chega Tudo deposit

• Mineralized intervals intersected in all 21 auger drill holes completed to date in saprolite - including 7m with 2.80 g/t Au and 4m with 1.97 g/t Au.

• A long history of artisanal mining dating back to the 19th century

MONTES ÁUREOS PROJECT HIGHLIGHTS


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TSX-V: BRI

OTCQX: BRIZF


BRI EXPLORATION LICENCES IN THE GURUPI BELT

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TSX-V: BRI

OTCQX: BRIZF

• 28,585 acre land tenure position in the emerging Gurupi Gold Belt

• Prospective potential to generate a high tonnage/low grade deposit types

• Located near land holdings of companies such as Jaguar, Luna and Kinross

• Past informal artisanal mining activity in the northern section of the Montes Áureos property since the 19th century

• Strong infrastructure with road access and electrical connections; nearby residents employed in exploration work

EXPLORATION OVERVIEW

Visible Gold Mineralization Extracted From Montes Áureos

Tunnels Used By Artisanal Gold Miners At Montes Áureos


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TSX-V: BRI

OTCQX: BRIZF

Option and Joint Venture Agreement terms with Apoio to acquire an initial undivided 51% interest in the Montes Áureos and Trinta properties over a three year period:

(a) US$25,000 cash payment (paid);

(b) issue an aggregate of 325,000 BRI common shares;

(c) incur exploration expenditures totaling US$1,750,000; and

(d) keep the Montes Áureos and Trinta properties in good standing.

The Company has the option to earn an additional undivided 46% interest in the Montes Áureos and Trinta properties over a two year period:

(a) pay US$1,000,000;

(b) issue an aggregate of 700,000 BRI common shares; and

(c) incur exploration and development expenditures totaling US$3,000,000.

MONTES ÁUREOS & TRINTA TRANSACTION: 97% INTEREST


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TSX-V: BRI

OTCQX: BRIZF

Coffey Mining recommended work program:Phase 1 (June 2011-June 2012)

MONTES ÁUREOS WORK PROGRAM

Completion of Phase 1 will fulfill the first option agreement which provides BRI with a 51% ownership stake in the Montes Áureos and Trinta projects.

Objectives:

• Determine depths and grade of gold mineralization in the northern section of the property, which has been previously mined, through a 3,000 m exploratory drilling program

• Extend auger drilling to remaining 1.7 km of the 2 km anomalous gold trend and to the 600 m southeast trend

• Acquire detailed geological mapping and gain further understanding of subsurface geology through EM or IP methods

• Establish an initial NI 43-101 compliant resource

Budget: US $1.7M


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TSX-V: BRI

OTCQX: BRIZF

Coffey Mining recommended work program:Phase 2 (June 2012-June 2013)

MONTES ÁUREOS WORK PROGRAM

Completion of Phase 2 will fulfill the second option agreement which provides BRI with an additional 46% interest, resulting in an overall ownership stake of 97% in the Montes Áureos and Trinta projects.

Objectives:

• Conduct a 10,000 m drilling program

• Follow up on encouraging results from Phase 1

• Expand and upgrade on initial NI 43-101 resource

Budget: US $3.3M


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TSX-V: BRI

OTCQX: BRIZF

Recommended work program:Initial Phase (August 2011-December 2011)

TRINTA WORK PROGRAM

Objectives:

• Obtain geological mapping for entire property

• Conduct geochemical reconnaissance sampling for entire property

• Detailed auger drilling over selected areas

Initial auger drilling targets will be known alluvial gold occurrences that have been previously mined by artisanal miners

Budget: US $150,000


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TSX-V: BRI

OTCQX: BRIZF

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UPCOMING MILESTONES

2011 Q3 2011 Q4 2012 Q1 2012 Q2

Continue 2011 Exploration Program

Commence 3,000 m Diamond Drilling Program

Acquire Initial 51% Interest

Montes Áureos

Trinta

Acquisition Activities

Publish Initial 43-101 Resource Estimate

10,000 m Diamond Drilling Program

Commence 2011 Exploration ProgramEvaluate Exploration Results & Determine Investment Budget

Identify & Evaluate Prospective Projects Engage In Formal Acquisition ProcessFinalize Acquisition(s) & Continue Aggressive M&A Activities


TSX-V: BRI

OTCQX: BRIZF

ARTISINAL MINING ACTIVITIES AT MONTES AUREOS


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TSX-V: BRI

OTCQX: BRIZF

2010 EXPLORATION PROGRAM AT MONTES AUREOS


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TSX-V: BRI

OTCQX: BRIZF

2011 CORPORATE OBJECTIVES:

• Continue to strengthen Brazil experienced technical and advisory teams• Enhance outreach to government and local communities on acquisition and

exploration activities• Raise necessary capital to further our operating plan

2011 OPERATIONAL OBJECTIVES

• Mobilize and initiate exploratory drilling at Montes Áureos project to establish a NI 43-101 compliant resource

• Obtain Montes Áureos environmental permits• Identify and evaluate additional acquisition opportunities, including near-

term producing assets

CORPORATE & OPERATIONAL 2011 OBJECTIVES


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TSX-V: BRI

OTCQX: BRIZF

• Accomplished management and technical team that has discovered and developed more than 10 million ounces in Brazil and have held senior positions with world class mining firms such as BHP, CVRD, De Beers, Kinross, Rio Tinto, Teck and Uranium Energy Corp.

• Strategically positioned gold projects with past informal mining activity located in the emerging Gurupi Belt

• All projects are accessible by roads and have abundant access to electricity and water

• Fully financed for upcoming work programs and near-term growth with over $7mm in cash

• Exploration program is ongoing with news flow anticipated shortly

INVESTMENT SUMMARY


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TSX-V: BRI

OTCQX: BRIZF

Head Office:320-1111 West Hastings St.

Vancouver, BC

Corporate and Securities Counsel: Sangra Moller LLP1000-925 West Georgia St.

Vancouver, BC

General Counsel: McMillian LLP1500-1055 West Georgia St.

Vancouver, BC

Auditor: Ernst & Young700 West Georgia St.

Vancouver, BC

Transfer Agent: Computershare510 Burrard St., 2nd Floor

Vancouver, BC

CORPORATE INFORMATION


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TSX-V: BRI

OTCQX: BRIZF

brazil resources august 26 2011 investor presentation

Business

forwardlooking information

prospectus of bri

achievements of bri

future results

actual results

exploration stage

fluctuating price of

independent technical