CEO PresentationAnnual General Meeting, Perth - Tuesday 29th November 2016 ASX:RSG | www.rml.com.au

Cautionary Statement

This presentation includes certain statements, estimates and projections with respect to the future performances of Resolute. Such statements, estimates and

projections reflect various assumptions concerning anticipated results, which assumptions may prove not to be correct. The projections are merely estimates by

Resolute, of the anticipated future performance of Resolute’s business based on interpretations of existing circumstances, and factual information and certain

assumptions of economic results, which may prove to be incorrect. Such projections and estimates are not necessarily indicative of future performance, which may be

significantly less favourable than as reflected herein. Accordingly, no representations are made as to the fairness, accuracy, correctness or completeness of the

information contained in this presentation including estimates or projections and such statements, estimates and projections should not be relied upon as indicative of

future value, or as a guarantee of value of future results. This presentation does not constitute an offer, invitation or recommendation to subscribe for or purchase

securities in Resolute Mining Limited.

The information in this report that relates to the Exploration Results, Mineral Resources and Ore Reserves is based on information compiled by Mr Richard Bray who is

a Registered Professional Geologist with the Australian Institute of Geoscientists and Mr Andrew Goode, a member of The Australasian Institute of Mining and

Metallurgy. Mr Richard Bray and Mr Andrew Goode both have more than 5 years’ experience relevant to the styles of mineralisation and type of deposit under

consideration and to the activity which they are undertaking to qualify as a Competent Person, as defined in the 2012 Edition of the “Australasian Code for Reporting of

Exploration Results, Mineral Resources and Ore Reserves”. Mr Richard Bray and Mr Andrew Goode are full time employees of Resolute Mining Limited Group and

each hold equity securities in the Company. They have consented to the inclusion of the matters in this report based on their information in the form and context in

which it appears. This information was prepared and first disclosed under the JORC Code 2004. Except where noted, it has not been updated since to comply with the

JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

In providing this presentation, Resolute has not considered the objectives, financial position or the needs of the recipient. The recipient should obtain and rely on its

own financial advice from its tax legal accounting and other professional advisers in respect of the recipients objectives financial position and needs. To the maximum

extent permitted by law neither Resolute nor its related corporations ,directors, employees or agents nor any other person accepts liability for any loss arising from the

use of this presentation or its contents or otherwise arising in connection with it. You represent and confirm by attending and or retaining this presentation that you

accept the above conditions.

2

Resolute is a global gold

producer, explorer, developer

and innovator.

Higginsville

Marymia

Chalice

Obotan

Golden Pride

Ravenswood

Syama

Company history

7Moz over 25 years

of continuous gold

production and

counting…

Applying our operational expertise globally

Balance sheet strengthenedall senior and secured

debt repaid

Developing

long mine life operationsat our existing projects

FY16: A Transformational Year

Record Net Profit FY16

FY16 HighlightsOutstanding Transformational Performance

Dividend announced of 1.7c per share

Financial Performance

Operating Performance

Balance Sheet

A$213m FY16 net profit after tax

A$555m Revenue from gold and

silver sales up 20%

A$167m Record gross profit from

operations up 135%

129% Return on equity

27.6c Diluted earnings per share

340,540oz Total gold sold for FY16

A$1,624/ozAverage price for total gold

sold (US$1,184/oz)

315,169oz Total annual gold

production for FY16

A$1,200/ozAll-in-Sustaining Cost

(US$874/oz)

A$102m Total Cash and bullion at

market value

A$91m Debt reduction

A$75m Net Cash, bullion/(debt)

A$193m Net Operating Cash Flows

FY16: Financial highlights

$0

$50

$100

$150

$200

$250

Jun-12 Jun-13 Jun-14 Jun-15 Jun-16

A$M Operating Cashflow

$0

$50

$100

$150

$200

$250

Jun-12 Jun-13 Jun-14 Jun-15 Jun-16

A$M Underlying Profit

-120

-100

-80

-60

-40

-20

0

20

40

60

80

Jun-12 Jun-13 Jun-14 Jun-15 Jun-16

A$MNet Cash/Bullion

-100

-80

-60

-40

-20

0

20

40

Jun-12 Jun-13 Jun-14 Jun-15 Jun-16

cps Earnings per Share

Outperforming the market

0

100

200

300

400

500

600

700

800

Nov 25,2016

Oct 14,2016

Sep 02,2016

Jul 22,2016

Jun 09,2016

Apr 28,2016

Mar 14,2016

Feb 01,2016

Dec 21,2015

Nov 16,2015

Oct 12,2015

Sep 01,2015

Jul 21,2015

RSG share price AUD gold price XGD (S&P/ASX All Ords Gold)

Operational Consistency

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

A$/o

z

Ou

nces (

oz)

Gold production and costs

Ravenswood Syama Sulphide Syama Oxide

Cash Costs (A$/oz) All-In Sustaining Cost (A$/oz)

Going underground at Syama:developing a robust, long life flagship gold mine.

Life of U/G Mine

All-in-Sustaining-Cost

US$881 per ounce

Initial 12 yearOperating life

Pre-production capital of

US$95 million fully funded

10

Ravenswood Extension Project: a strong future beyond Mt Wright.

Sarsfield1.2Moz Reserve & 1.3Moz Resource

Buck Reef West1.2Moz Resource

Targeting a

10+ yearExtension Project

Nolans East71koz Reserve

11

Bibiani: Feasibility Study confirms

viable pathway to production.

Life of Mine

All-in-Sustaining-Cost

US$858/ozper ounce

Initial Ore Reserve of

5.4Mt @ 3.7g/t containing

640,000oz of gold

9 monthtimeline to production

Pre-production capital of

US$72 million

FY17: Transformation Continues

ReducingAll-in-Sustaining Costs (AISC) through innovation

Diversifying our

production base

Ambition to be producing

>450kozpafrom 3 operations by 2020

Prioritisingsustainable dividends

Production Outlook

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

FY17 FY18 FY19 FY20 FY21

Pro

du

cti

on

(o

z)

Bibiani Ravenswood Syama

Reserve Life Benchmarking

13

12

9

8

7

4

5

2

9

3

5

3

1

5

5

2

7

7

4

- 2 4 6 8 10 12 14

Ravenswood

Syama

Cowal

Mt Rawdon

Mt Carlton

Mungari

Edna May

Cracow

Ernest Henry

Jundee

Kundana

Kanowna Belle

Paulsens

Garden Well

Rosemont

Moolart Well

Leonora – Gwalia

Thunderbox

Carosue Dam

Reserve life (years)

Resolute

Evolution

Northern Star

Regis

St Barbara

Saracen

Source: Publicly available company documents, presentations and websites and broker research. Reserve life adjusted for recovery.

A renewed focus on explorationOrganic growth through discovery

“Resolute is exploring more than 4,200km2 of prospective tenure across Australia and Africa”

World class, belt scale tenureHeavily endowed and underexplored

• Early exploration success at the Nafolo discovery south

of the main Syama orebody

• Expansion of existing inventory at Syama, Ravenswood,

and Bibiani

• Highly prospective, underexplored tenure spread across

Mali, Cote d’Ivoire, Tanzania and Australia

• Drilling currently in Mali, Cote d’Ivoire and Australia

• Strong balance sheet enables renewed focus on

exploration

• Backing good teams in the right locations hunting for

future Resolute gold mines

Resolute value chainContinuous improvement across the business

Mineral Processing

• Project 85

• Project Reprise

• Project Phoenix

• Project 2.4

Mining Operations

• Nolans East open pit mining commences

• Syama decline commences

• Syama oxide circuit success

Mine Planning

• Syama UG DFS

• Ravenswood extension project

• Bibiani Feasibility Study

Reserve Estimation

• Syama 3.1Moz

• Ravenswood 1.8Moz

• Bibiani 0.6Moz

Resource Estimation

• Syama 6.0Moz

• Ravenswood 4.3Moz

• Bibiani 1.8Moz

Exploration

• Nafolo discovery

• Syama deeper drilling extensions

• Bibiani resource expansion

Business Development

• Kilo Goldmines (KGL.tsx-v)

• ManasResources (MSR.asx)

A mining company of the futureUtilising technologies and data to advance business performance

Mining & Processing Corporate

An abundance of natural resources

Each kilometre of African soil holds just $25,000

of proven assets compared to $125,000 in the

developed world. The gap isn’t evidence of

Africa’s lower reserves, though, but a sign of

how little of it has been surveyed.

The Wall Street Journal

A continued focus on Africa…

Golden Pride 1996 to 2014

Exploration

Feasibility

Construction

Production

Profitability

Community

Rehabilitation

21

Resolute Community Investment:Genuine care for our environment, communities and assets

Health• Building & refurbishing

Clinics

• Training community

doctors

• Drought relief aid

Education• Building schools

• Training & development

of mine employees

• Supporting Mine

Training Centre in

Sikasso

Water• Solar powered pumps

and water supply tank-

tower in Fourou

• Installing water bores

and hand pumps

Sustainability• Potential connection of

Fourou to National Grid

Power

• Building community

centres

• Employment of local

service providers

The Resolute Way: our pillars

Building a truly great company to deliver enduring value

1. Safe and ethical operator

2. Global cost competitiveness

3. Enduring value

4. Financial discipline

5. Performance based culture

6. Innovation, perseverance and hard work