COPPERMOLY LIMITED — Investor Presentation 2015

Jun 16, 2015

17 June 2015 ASX Code: COY

Amendment to Presentation to the Australian Copper Conference

The attached presentation, previously released to the ASX on 16 June 2015, has been amended to:

• 1. Remove reference to a processing rate on page 17 of the announcement;
• 1. Update the references and details of the 2 inferred resource calculations included in the presentation; and
• 1. Clarify the reference to the combined metal content on page 26 of the announcement.

On behalf of the Board.

Paul Schultz Company Secretary Coppermoly Ltd Suite 1B, 91 Upton Street Bundall, Queensland 4217 Email: info@coppermoly.com.au Telephone: +61 7 5510 3994

About Coppermoly

Coppermoly's mineral exploration activities are focused entirely on the island of New Britain in PNG where it holds six exploration licences. These licences cover copper, gold, silver, zinc, molybdenum and iron mineralisation. The six current tenements are Nakru, Simuku, Talelumas, Makmak, Powell and Wowonga.

DELIVERING ECONOMIC COPPER ORE RESOURCES IN WEST NEW BRITAIN, PNG

Wanfu Huang, PhD, MAIG

wfhuang@coppermoly.com.au 16 June 2015

Disclaimer

Forward looking statement This document is not a prospectus or a product disclosure document nor does it constitute the provision of financial product advice. No representation or warranty is made as to the accuracy, completeness or reliability of the information. The information is provided expressly on the basis that recipients will carry out their own independent inquiries into the matters contained herein and make their own independent decisions about the affairs, financial position or prospects of Coppermoly Limited which reserves the right to update, amend or supplement any information at any time in its absolute discretion. Potential investors are cautioned against using the content of this presentation, in isolation, for making investment decisions and this information should be read in conjunction with Coppermoly Limited's other periodic and continuous disclosure announcements to the ASX available at www.asx.com.au. None of Coppermoly Limited, its officers, employees or agents accept, to the extent permitted by law, responsibility for any loss, claim, damages, costs or expenses arising out of, or in connection with, the information contained in this presentation. Forward looking statements contained herein are not a guarantee of future performance and involve known and unknown risks many of which are beyond the control of Coppermoly Limited and its officers, employees, agents and associates which may cause actual results to differ materially from those expressed or implied in such statements. By attending this presentation or accepting , assessing or reviewing this document you acknowledge and agree to the above.

Competency Statement The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Mike Erceg, a Competent Person who is a Member of the Australasian Institute of Geoscientists. Mr Erceg has sufficient experience which is relevant to the style of 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 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Erceg consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Mr Erceg is employed be Exploration Manager at Coppermoly Limited.

CORPORATE MANAGEMENT

Board of Directors

Dr Wanfu Huang, 20 years in mineral exploration in Australia and overseas. Mr Kevin Grice, 30 years in mining industry in Australia Mr Jincheng Yao, 15 years in mining and energy industry.

Management Team

Mike Erceg MSc (Geology) MAIG RPGeo: Exploration Manager

Over 28 years experience in significant discovery of Cu-Au porphyry resources in the Pacific region, particularly in Papua New Guinea.

Peter Ainge BSc (Geology): Country Manager

Director of PNG subsidiary Copper Quest (PNG) Limited. Has managed exploration of the Company's projects since 2008.

Paul Schultz BBus, CPA, AGIA: Company Secretary and Chief Finance Officer Over 20 years experience in business administration and statutory reporting. He has a professional background in commercial accounting and public practice.

SHARES STRUCTURE

TOTAL FULLY PAID ORDINARY SHARES ISSUED ON 1 JUNE 2015	383,729,449
TOP 15 SHAREHOLDER	%
BARRICK (PD) AUSTRALIA LIMITED	19.076
JELSH HOLDINGS PTY LTD	14.724
MR MA PIWU	13.743
JADE TRIUMPH INTERNATIONAL LTD	7.818
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED	3.317
NATIONAL NOMINEES LIMITED	3.061
MR PETER JOHANNES POORT	2.606
MR HARDIP SINGH [GROUP]	1.946
MR BEN MICHAEL FAULKNER [GROUP]	1.545
MR CHRIS WALLIN & MS FIONA WALLIN	1.433
HOLICARL PTY LTD	1.185
MR JOSEPH TULLIO	1.042
MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED	0.997
MR DAVID LAWSON	0.94
MR HAO MA	0.842
Total of Top 15 shareholders	71.245
LISTED OPTIONS:	3,373,008
UNLISTED SECURITIES:	108,272,261

Advanced Cu projects

• Road access between project areas and to infrastructure
• Easy topography (200m to 800m)
• Excellent community relations

Mt Nakru Project

• schematic geological map

Nakru 1 Section 222200mE

Schematic 3D geometry of Nakru 1 Deposit

Possible Pit Shape - Nakru 1

NAK2-003 drillhole site with visible malachite stains on outcrops (left) and Drillcore sample at 78 m depth (above)

Nakru 2 Cu-Au Deposit

Mt Nakru Cu-Au Project

Significant VMS style of Cu-Au mineralization system:

Nakru 1: Current drilling program has defined the near surface mineralization with an inferred resource of 38.4Mt at 0.61% Cu + 0.28 g/t Au + 1.80 g/t Ag (0.2% Cu cut-off)*; untested eastern extension of the orebody; near surface supergene enrichment blanket was intersected; simple tabular orebody; open-pitable resource.

Nakru 2: 5 holes, about 1,276 meters drilled, all of those drillholes intersected near surface mineralization; such as

• o NAK02-01: 51.7 m at 1.21% Cu from 29 m
• o NAK02-03: 63m at 1.01% Cu from 5 m

Existing surface geochemical anomaly and IP chargeability anomaly suggest that the mineralization extends to the southwest over 400 m.

Nakru 4: 1 hole, 271.9 meters drilled, intersected 2 meters of 0.32% Cu from 29 m. Nakru 9: hosts a significant EM anomaly, and a number of rock chip samples returned with high grade Cu mineralization. Warrant to be drill tested.

Collective resources (~30 MT @ > 1.0% Cu) of near surface orebodies in Mt Nakru lease may be sufficient for a quick start, low Capex open-pit mining operation.

*Refer to Coppermoly Limited ASX Announcement dated 26 July 2012. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not been materially changed since it was last reported.

OPPERMOLY Simuku - Mt Misusu Prospects

Geology & RTP Mag with drillholes at Simuku

SIMUKU Section along Hole BWNBDD0014

• Large tonnage low grade porphyry style Cu mineralisation (Inf Res 200 Mt at 0.36% Cu + 61ppm Mo + 0.06g/t Au + 2g/t Ag)*
• Near surface higher grade secondary Cu mineralisation
• o SMD19 18m at 1.0% Cu
• o SMD10 58m at 0.53% Cu

Deliverables in near term

• Delineate a sizable secondary enriched Cu resource by a shallow RC drill programme

*Refer to Coppermoly Limited ASX Announcement dated 1 May 2009. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not been materially changed since it was last reported.

Simuku South

Simuku

500

9,370,500 mN

9,370,000 ml

9,369,500 ml

167,000 r

70vns/m stockwork (VPA, VPB, VMT) in ACS altered Micro-GID porphyry outcrop

9,369,000 ml

$250m$

9,368,500 mNMalachite coating 20 m away in same outcrop above $\mathbf{\widehat{E}}$

EL1445 EL1077 Legend $\langle \hat{\bullet} \rangle$ SMD24 Mapped_Stockwork Target/Area of interest Proposed Mapping Areas in EL1445 Simuku Drilling Talelumas SMD25+

SMD190⁰BV/NBDD00190

69,500

69,000

Misusu/Nakru Creek (Area mapped in this program)

Simuku - Mt Misusu Porphyry Cu-Mo System

• Huge porphyry complex proved to host several mineralization zones, including Simuku and Kulu prospects.
• 200 Mt inferred resource at 0.36% Cu + 61ppm Mo + 0.06g/t Au + 2g/t Ag *, with significant northern and southern extensions of the deposit remaining untested at Simuku;
• Remarkable IP anomalies and surface geochemical anomalies are warranted to be tested immediately; in particular, two major zones are ready to be drilled:
• Simuku West IP anomaly;
• Mt Misusu area.

Simuku-Mt Misusu area has the potential of discovering a world class porphyry Cu-Mo deposit.

*Refer to Coppermoly Limited ASX Announcement dated 1 May 2009. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not been materially changed since it was last reported.

Summary

• Building up a competent team with technical expertise in exploring Cu-Au mineralization systems;
• Two advanced Cu projects, containing significant Cu resources* (combined, inferred , > 2 billion pounds of copper metal in ground):

Project	Tonnes and Grade Cu	Contained Cu metal (kg)	Contained Cu metal (lb)
Simuku	200MT @ 0.36% Cu	720.0M kg	1.6B lb
Nakru	38.4MT @ 0.61% Cu	234.2M kg	0.5B lb

• Clearly defined drilling targets next to defined resources areas suggest great potential of multiplying current resources;
• Both advanced projects are close to existing infrastructures at Kimbe, and easy to access (Simuku: 25 km drive; Nakru: 80 km by road);
• Friendly local communities in West New Britain; Company has maintained great working relationship with locals.
• Potential to build up a quick start, low Capex, openpit mining operation at each deposit to mine the near surface higher grade Cu resources.

• Best time to invest in Coppermoly

*Refer to Coppermoly Limited ASX Announcements dated 1 May 2009 and 26 July 2012. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not been materially changed since it was last reported.