Ann: Presentation-ABU.AX, page-3

Global gold exploration expenditure and discovery is decliningTanami Region
Unlocking the Discovery Potential.
Mining in the Territory
15 September 2016
Tommy McKeith
Chairman

Note: Primary gold discoveries only, adjusted for Cu, Ag and Other by-product credits
Data from 2005 onwards have been adjusted for unreported discoveries
Expenditure data for the FSU + Eastern Europe + China prior to 1975 are estimates only
Source: MinEx Consulting © October 2015
Mozeq of Gold June 2015 US$ Billion
Expenditures
Discoveries

Top gold producers have cut exploration
Source: “Can the Gold Industry Avoid the Sins of the Past” by Nick Holland CEO Gold Fields
22 August 2016

Reserves are declining rapidly - return to Greenfields investment
Source: “Can the Gold Industry Avoid the Sins of the Past” by Nick Holland CEO Gold Fields
22 August 2916
• Aggressive acquisition of in-production ounces to fill the looming production shortfall
– Fewer quality opportunities available after a 3-year buying spree
– In-production ounces are becoming increasingly costly (US$84/oz1 resource or US$289/oz1 reserve)
• Major and mid-tier gold producers are returning to green fields exploration
– Investing in junior explorers
– Directly through JVs and project acquisition
• The Tanami Region is uniquely positioned to benefit from this Greenfields investment
– Large areas of under explored potential along trend of several major gold deposits
– Secure and long term investment jurisdiction - ranking 7th out 109 in the Fraser Institute’s 2015 Investment Attractiveness index
1 Average of 15 transactions since June 2011 – source Standard Chartered Bank

Unlocking the discovery potential
• Large contiguous tenure over under-explored gold district
– Over 12,500km2 of granted tenure
– Over 24,000km2 application tenure
– Located in belts containing major gold deposits e.g. Callie (Newmont) and Groundrush (Northern Star/Tanami Gold)
• A team with a demonstrated track record of discovery
– Either led or was part of a team on several major gold discoveries
– Well experienced at operating in the Tanami region
– Overhead costs kept low meaning the majority of funds are focused on in-ground activity
– Progress rapidly to drill testing using a predictive approach based on structural geology and multi-element
geochemistry
• Well funded with strong investor support
– ~$10 million cash
– 46% of the company’s shares held by top four investors
• Focus exploration on the Suplejack and Tanami projects
– Extend and delineate mineralisation at the Suplejack project
– Systematically explore and drill test targets at the Tanami project
• Independence Group NL is systematically exploring the Lake Mackay project as part of its 70%1 JV earn-in
• Divest or farm-out the Bonanza and North Arunta projects
ABM is well positioned with a clear strategy to unlock the discovery potential
1 Independence will earn a 70% interest in Lake Mackay project by sole funding $6 million in exploration expenditure by May 2020

Focus exploration on Suplejack and Tanami tenements
Project Area
IGO Lake Mackay JV
North Arunta
Bonanza
Tanami
Suplejack
Mining in the Territory
15 September 2016
Suplejack project: an emerging camp-scale target
Tethys cross-section
• Over 60 km north trending structural trend
– Comprising mafics and interbedded sediments
– Significant gold anomalism located at cross-cutting structures
– 1.6 Moz Groundrush deposit immediately to the south
• Historic data has highlighted numerous gold targets
– Airborne geophysics
– Surface geochemistry
– Shallow drilling
• Hyperion deposit drill tested by Newmont in 2003
– Less than 9,000 m RC drilling to an average depth of ~150 m
– ABM resource 3.0 Mt at 2.11 g/t for 202,200 oz (c/o 0.8 g/t)1.
• ABM completed a ~9,500 m RC drilling program this season
– Defined ~1.3 km E-W mineralised structure
– Average depth of drilling ~80 m below surface
– Significant additional drill intercepts at Pandora (9 m at 6.32 g/t) and
Brokenwood (3 m at 9.34 g/t)
• ABM planning a 2,000 m diamond drill program to commence
early October 2016
1 Refer press release 5th February 2013 and 16th April 2012 for details; Re-reported in 2013/14 and 2014/15 annual reports to be compliant with JORC 2012.

Suplejack project: Hyperion drilling
Mining in the Territory
15 September 2016
Suplejack project: extending mineralistion for over 1.3 km
• Significant mineralisation over 1.3 km strike drilled to an average depth of 80 m below surface
– Defined three additional economic grade shoots to the east of Hyperion
– Wide intercepts within strong alteration halo (haematite, epidote-chlorite and silicification)
• Mineralisation is open at depth
– Framework diamond drilling program planned – to confirm model and resolve structural complexity
– Further infill and extensional drilling to extend current resources

Suplejack project: good grade and widths
Cross section A-B
Mining in the Territory
15 September 2016
Suplejack project: good grade and widths
Cross section C-D
Mining in the Territory
15 September 2016
Lake Mackay project: gold and base metal exploration
• Independence Group NL are exploring the Lake Mackay project
– Independence to fund $6 million by May 2020 to earn 70%
• Completed extensive multi-element soil sampling program
• Ground electromagnetic survey and initial drilling at Bumblebee identified a mineralised portion of a potential VMS
system
– 7 m at 3.3g/t gold, 37.7g/t silver, 3.2% copper, 0.9% lead, 1.3% zinc and 0.08% cobalt
• Based on this initial success Independence are undertaking a detailed airborne electromagnetic survey over the
whole district

Tanami project: contains the key ingredients
• Major deposits within the region
– Callie
– Central Tanami / Groundrush
• ABM has significant historic datasets including
– Airborne geophysics
– Surface geochemistry
– Shallow drilling
• ABM tenure contains similar ingredients to the key
deposits in the district
• ABM has defined and ranked broad gold targets
– Based on deposit characteristics in the district
– Structural, stratigraphic and geochemical inputs
• Under explored and requires systematic approach
– Regional surface multi-element geochemical program
– Follow-up ground geophysical surveys
– First-pass drill testing

Corporate Overview
Capital Structure
Shares on Issue (m) 373.6
Available Cash (A$m)1 10.1
Market Cap (A$m)2 30.4
1 Available cash excludes cash reserved for required cash backing of environmental
bonds as at 30 June 2016
2 Based on closing share price of $0.081 as at 9 September 2016
3 Substantial shareholders as at 31 August 2016
Board of Directors
Tommy McKeith Non-Executive Chairman
Appointed
27/06/16
Matt Briggs Managing Director
To Commence
3/10/16
Susie Corlett Non-Executive Director
Appointed
8/3/16
Brett Smith Non-Executive Director
Appointed
9/5/16
Key Management
Jutta Zimmermann CFO and Company Secretary
Alwin van Roij Senior Exploration Geologist
Shareholding Structure3
Geological Advisory Panel
Dr John Beeson Structural Geology
Dr Scott Halley Geochemistry
Mr Greg Hall Generative Geology
Mining in the Territory
15 September 2016
Creating value by unlocking the discovery potential
• Dominant tenement package in the under-explored Tanami district
• A team with experience in the Tanami and a demonstrated track record of discovery
• Focused exploration strategy
– Suplejack extend and delineate mineralisation
– Tanami systematically explore and drill test targets
– Lake Mackay Independence exploring gold and base metal targets
– Bonanza divest or farm-out
– North Arunta divest or farm-out​

• Well funded with strong investor support