A Gold Focused IPO with Resources, and drill-ready prospects

Anticipated Listing Late 2011

Sponsored by Carbine Tungsten Limited

Disclaimer

The information in this presentation is published to provide information about Gossan Hill Gold Ltd (GOS) and its subsidiaries. All reasonable effort has been made to provide accurate information, but no warranty or representation is made to its accuracy and the presenters reserve the right to make changes to the information at any time without notice. To the extent permitted by law, GOS accepts no responsibility or liability for any losses or damages of any kind arising out of the use of any information contained in this presentation.This is not an offer for securities in GOS and any investment decision with respect to GOS should not be made on the basis of the information in this presentation, but should be based on the information contained in the Prospectus. A Prospectus will be available from the Company at www.gossanhillgold.com.au when the securities are offered, after the Prospectus is lodged with ASIC. The Prospectus will include an Application Form which needs to be completed in order to apply for securities in GOS.

Prospects Mt Adrah – Intrusion

Related Gold, 239,000oz resource in Hobbs deposit to 120m, open below 315m.

Bauloora – untested low sulphidation epithermal vein system.

Prospects

Peel Fault – orogenic gold, Intrustion Related gold and Carlin-style prospects along >100km strike length of Peel Fault.

Weabonga – high grade, structurally controlled analogue to Wattle Gully (450koz at 9.5g/t Au)

Board Structure

Dr Andrew White – Executive Chairman 45 years experience in exploration, mining, Director Carbine

Tungsten LtdRob Waring Non Executive Director and Company

Secretary.30 years financial and company secretary experience,

currently Co.Sec.for Carbine Tungsten Ltd.Dr Leon Pretorius Non Executive Director.40 years experience in exploration, project development,

Chairman Carbine Tungsten Ltd, formerly Executive Director Paladin Energy Ltd and Deep Yellow Ltd.

Capital Structure

The Plan All prospects are drill-ready. Raise $8million with IPO of 40 million shares at 20 cents. Lodge with ASIC 18-10-11. Offer opens 25-10-11, closes 14-12-11. Trading starts 12-1-12. Start drilling immediately and drill through to end 2013,

providing market with continuous additional resource and discovery results.

Mt Adrah Highlights

Mt Adrah:On Gilmore SutureInferred Resource

239,000oz at 1.13g/t Au to 120m in Hobbs deposit

Open at 315m.Similar prospects nearby to

test.Target: >>1.5moz as basis

for bulk underground mine.

Bauloora

Untested low-sulphidation epithermal vein system.

Rock chip assays up to 36g/t gold.

Visible gold in rock chips. No previous drillling, ~2km

strike length. Targe:; Analogue of Cracow

>2moz @ 9g/t, Pajingo >2.3moz @ 12g/t.

Peel Fault Highlights CNQ virgin discovery

2010: drilling 3 holes – 14m @ 1g/t, 8m @ 1.7g/t, 2m @ 3.69g/t Au.

Gold in altered quartz monzodiorite, carbonaceous sediments, quartz veins.

Targets: Orogenic quartz veing gold, Intrusion Related Gold, Carlin-style sediment hosted gold.

Listwanite outcrop – gold associated alteration, Peel Fault

Weabonga 100 year-old goldfield,

unexplored. Rock chips to 50g/t, visible

gold. Highland Mary mine

closed in 1916, average grade 44.8g/t gold (historical records)

Target: Wattle Gully analogue (Wattle Gully , Victoria produced 450,000oz at 9.6g/t gold)

Exploration Program

Drilling to dominate first two years exploration – drill targets ready in each prospect.

Mt Adrah – extend Hobbs deposit by deep drilling and 3-D IP, drill near-by targets.

Bauloora – drill holes to 300m along epithermal vein system.

Peel Fault – drill out discovery, drill to test other targets.

Weabonga – drill Highland Mary, Rainbow.

Milestones

Seed ($400,000) in place. Draft prospectus 95% complete 26 Sept. '11. Due diligence commenced 28 September '11,

to be completed 17 October '11. Lodge with ASIC 18 October '11. IPO closes 14 December '11. ASX trading commences 12 January '12.

Contacts

Andrew White Executive Chairman Mob. 0411 110 513 awhite@gossanhillgold.com.au

Website: www.gossanhillgold.com.au