Ann: Indochine Mining's presentaion at Hong K, page-2

re: Ann: Indochine Mining's presentaion a... Helpful. Highlights IMHO:

• JORC resource: 28.3Mt @ 1.9g /t Au, 22g/t Ag for 2.13 M oz Au Eq
• High grade zone: 5.9Mt@ 3.7 g/t Au, 30g/t Ag for 800,000 oz Au Eq
• PNG/West Papua is host to gold deposits totaling 250 M oz
• Adjacent to a top 10 mega mine
• Near to existing infrastructure

2015 forecast: "Production commences - targeting 160,00o ounces+ Au / year

28% IRR – opportunity for significant increase
• Based on 1650/oz gold price, $30/oz silver
• PFS identified:
• $2bn revenue
• $800m operating costs
• 1.1+ million oz gold production forecast

6 holes drilled (706m) in the Black Zone (BZ) bonanza target
• Results confirmed excellent grades in the BZ bonanza target
• 6 holes completed in WRZ bonanza targets, results expected in March/April
• Drilling program of bonanza zones ongoing – significant news flow ahead

A compelling investment case:
• IDC has delivered:
• Secured tenure over a world class asset
• Completed a robust PFS
• Experienced team in place
• Completion of landowner investigations
• Confirmation of bonanza zones
• Now poised for significant value growth
• Resource upgrade in mid-2013
• Continued backing from world class funds
• Entering development phase – BFS to commence shortly
• Deep value opportunity