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Ngualla Project a Large New RARE EARTH Discovery Disclaimer Ngualla Project a large New rare eartH discovery Disclaimer The information contained in this presentation is for information purposes only and has been extracted entirely from documents or materials publicly filed with the Australian Stock Exchange and/or the Australian Securities and Investments Commission. This presentation is not an offer or invitation to subscribe for or purchase securities in the Company. The release, publication or distribution of this presentation in certain jurisdictions may ne restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions. The Company does not warrant that the information contained in this presentation is accurate or complete. The information has been prepared on a best endeavours basis. Recipients of this presentation assume all risk and liability resulting from the use of the information contained in this presentation including but not limited to consequential damages. To the extent that the presentation contains any projections or other forward looking statements, those statements involve a number of known and unknown risks, uncertainties and other facts that may cause actual performance to be materially different from those expressed or implied by those statements. These forward looking statements are not historical facts but rather are based on Peak’s current expectations, estimates, projections and beliefs and assumptions regarding future performance. Words such as “scenario”, “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “forecasts” and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors. In providing this presentation, Peak Resources Limited has not considered the financial position or needs of the recipient. Persons needing advice should consult their stockbroker, bank, manager, solicitor, accountant or other independent financial and legal advisors. Recipients of this presentation must undertake their own due diligence and make their own assumptions in respect of the information contained in this presentation and should obtain independent professional advice before making any decision based on the information. Competent Person Statement The information in this presentation relates to Exploration Results based is based on information reviewed by David Hammond who is a Member of the Australasian Institute of Mining and Metallurgy, David Hammond is a Director and full time employee of the Company. He has sufficient experience which is relevant to the mineralization and type of deposit 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 Exploration Results, Mineral Resources ad Ore Reserves’. David Hammond consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Outline 1/ Corporate Details 2/ Projects Overview 3/ Ngualla Rare Earth Project 4/ Evolution of a Discovery 5/ Exploration Targets 6/ Upside Potential Corporate Details 1st September 2011 Ordinary Shares on Issue: 155.1m 52 week range: $0.19 - $0.94 Cash on Hand: $6.4m Market Cap: ($0.45) $69.8m Board and Senior Management Alastair Hunter Executive Chairman (9,276,395 ordinary shares) Dave Hammond Technical Director (2,250,000 options) Jonathan Murray Non-Executive Director (520,000 ordinary shares) Brian Lloyd Exploration Manager (Tanz) (2,000,000 options) Linda Paini Company Secretary Price, Volume & Performance All Ordinaries Peak Resources 700% – – 500% – – 300% – – 100% – 01 July 2010 30 SEPT 2010 04 JAN 2011 05 APRIL 2011 08 JUNE 2011 Corporate Details Peak Resources Limited Top 20 Holders Consolidated Rank Name (Or Like Holders) 7 September 2011 % 1 Hunter Family Controlled Entities 9,276,394 5.98 2 HSbC Custody Nominees (Australia) Limited 6,843,907 4.41 3 Michael bushell 4,495,068 2.90 4 Mr Yi Weng & Ms Ning Li 4,460,000 2.88 5 RM Corporate Pty Ltd 4,241,000 2.73 6 UbS Nominees Pty Ltd 3,351,648 2.16 7 National Nominees Limited 2,452,285 1.58 8 Yarandi Investments Pty Ltd 2,339,500 1.51 9 Minico Pty Ltd 2,125,000 1.37 10 Ashabia Pty Ltd 2,026,665 1.31 11 RbC Dexia Investor Services 1,992,900 1.28 12 Wisevest Pty Ltd 1,875,000 1.21 13 Lost Ark Nominees Pty Limited 1,445,455 0.93 14 Davslav Pty Ltd 1,300,000 0.84 15 Suvale Nominees Pty Ltd 1,250,000 0.81 16 Allan Zion 1,082,000 0.70 17 Patrick Thomas and Maree Robyn Young 1,000,000 0.64 17 R K Hammond Investments No 2 1,000,000 0.64 18 Allan Clive Trickey 925,000 0.60 19 Villasor Holdings Pty Ltd 900,000 0.58 20 Kojiro Honda 710,000 0.46 Total 55,091,822 35.51% Grand Total 155,127,143 100.00% Projects Overview UGANDA • Tanzanian focussed exploration Nairobi Nkerge! company based in Perth, WA Lake Victoria Ikoma Geita West (Imweru) ! Mwanza KENYA • The Ngualla Rare Earth Project Arusha ! ! Moshi is the flagship project and the ! Shinyanga firm focus Igunga ! Singida Tabora ! !Tanga • Portfolio of gold properties in the prolific Lake Victoria ! Dodoma ! Zanzibar Goldfields of northern Tanzania TANZANIA ! Morogoro Dar Es Salaam Lake Rukwa • Some strategically placed Ngualla Project ! Iringa Indian Western Australian Projects Ocean near Doolgunna (Cu-Au) ! Mbeya and Menzies (Au) Lake Nyasa ! Lindi Mtwara ! ZAMBIA N ! Songea 0 100 200 300 400km MALAWI Ngualla Rare Earth Project • Centred on the Ngualla Carbonatite. • Joint Venture with Zari Exploration Ltd. Peak managers earning to 80%. Conditional agreement signed to acquire 100% • Geological similarities to Mt Weld (Lynas Corp. Ltd) • Also highly prospective for niobium – tantalum and phosphate A Carbonatite 0 1 2km A Alteration Zone Mt Weld Ngualla Project A Central REO A +3% REO in Soils Lanthanide Deposit A +0.5% Niobium A Niobium-Tantalum Oxide in Soils Crown Deposit What are Rare Earths? • The REE group includes Ngualla Project: the 15 lanthanide elements, Rare Earth Oxide Distribution A Cerium plus yttrium and scandium Cerium 48.4% 48.4% A Lanthanum 27.4% • Rare earths are essential A Neodymium 16.3% components of high growth A Praseodymium 4.66% A Samarium 1.56% markets in electronics and A Gadolinium 0.67% energy efficiency industries A Europium 0.31% Lanthanum Neodymium A Other 0.63% 27.4% 16.3% Organic Growth Uses: Clean technology Digital technology The Rare Earth Market • China controls 97% of supply • Increasing consumption • Escalating prices Global Rare Earth Metal Oxide Production Rare Earth Metal Oxide Price (,000 tonnes) ($US per tonne) China USA Other Nd Oxide Pr Oxide La Oxide Ce Oxide 140 350,000 120 300,000 100 250,000 80 200,000 60 150,000 40 100,000 20 50,000 1956 1965 1985 2002 2008 2004 2005 2006 2007 2008 2009 2010 2011 Source: Metal – Pages Ltd Evolution of a Discovery • Licence granted September 2009. Surface sampling and geological mapping identify phosphate, RE and niobium – tantalum exploration targets Geology A Felsic Volcanic 9150000 mN A Fenite Carbonatite: A Outer Zone A Intermediate Zone A Central Zone A Ultramafic 9149000 mN 3.8km x 3.8km Mt. Ngualla Mt. Ngualla 9148000 mN 9147000 mN 0 500 1000m 0 500 1000m 480000 mE 480000 mE 481000 mE 482000 mE 483000 mE 484000 mE Satellite Image, Ngualla Carbonatite Geological map, Ngualla Carbonatite Evolution of a Discovery • Licence granted September 2009. Surface sampling and geological mapping identify phosphate, RE and niobium – tantalum exploration targets REO % Niobium % — 1.4 — 0.3 — 2.0 — 0.49150000 mN 9150000 mN — 2.4 — 0.5 — 3.0 — 0.6 — 3.4 — 0.7 — 4.0 — 0.8 9149000 mN 9149000 mN Mt. Ngualla 9148000 mN Mt. Ngualla 9148000 mN 9147000 mN 9147000 mN 0 500 1000m 0 500 1000m 480000 mE 480000 mE 481000 mE 482000 mE 483000 mE 480000 mE 484000 mE 480000 mE 481000 mE 482000 mE 483000 mE 484000 mE REO in surface sampling Niobium in surface sampling June 2010 First drilling programme Evolution of a Discovery • Extensive Rare Earth, niobium– tantalum & phosphate! discovered in alluvial zones !!! ! October 2010 9m @ 2.07% REO Selected REO intersections from surface to EOH from Aircore drilling ! ! ! ! ! ! ! ! ! Max REO % in Aircore: ! <0.5 NAC256 ! 1 to 2 ! ! ! ! ! ! ! ! ! ! ! 2 to 3 ! 3 to 5 CENTRAL HILLS AREA ! >5 ! ! ! ! ! ! ! ! ! ! ! ! Surface samples REO %: 1.4 — ! ! ! ! ! ! ! ! ! — 2.0 — 2.4 — 3.0 !!!!!!!!! ! !!!!! ! ! ! ! ! ! ! ! ! ! — 3.4 ! Mt.Mt. Ngualla Ngualla ! — 4.0 ! ! ! ! !!!!!!!!!!!!! !!!!! !!! ! ! ! ! ! ! ! ! ! ! !!!!!!!!!!!!!!!!!!!!!!!! 30m @ 3.08% REO from surface to EOH ! ! !!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!! 21m @ 2.75% REO from surface to EOH NAC082 NAC086 ! ! ! ! ! ! ! !!!!!!!!!!!!!!!!!!!!!!!!!!! 12m @ 3.56% REO from surface NAC375 NAC376 ! ! ! ! ! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 22m @ 2.73% REO N from surface to EOH 0 250 500 1000m ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!! ! ! ! ! ! ! ! ! !!! !!!!! !!!!!!!!!!!! !!!!!!!!!!!!!!! ! June 2010 First drilling programme Evolution of a Discovery • Extensive Rare Earth, niobium– tantalum & phosphate! discovered in alluvial zones !!! ! October 2010 9m @ 2.07% REO Selected REO intersections from surface to EOH from Aircore drilling ! ! ! ! ! ! ! ! ! Max REO % in Aircore: ! <0.5 NAC256 ! 1 to 2 ! ! ! ! ! ! ! ! ! ! ! 2 to 3 ! 3 to 5 CENTRAL HILLS AREA ! >5 ! ! ! ! ! ! ! ! ! ! ! ! Surface samples REO %: 1.4 — ! ! ! ! ! ! ! ! ! — 2.0 — 2.4 — 3.0 !!!!!!!!!
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