DEVELOP GLOBAL LIMITED — AGM Information 2013

Nov 28, 2013

AGM Presentation

Michael Mulroney - Managing Director | November 2013

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Cautionary Statement

The information contained in this document (“Presentation”) has been prepared by Venturex Resources Limited (“Company”).

While the information contained in this Presentation has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give any representations or warranties (express or implied) as to the accuracy, reliability or completeness of the information in this Presentation, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as "Information") and liability therefore is expressly disclaimed. Accordingly, to the full extent permitted by law, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained in this Presentation or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation.

This Presentation may include certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical facts, that address future activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The Company, its shareholders, directors, officers, agents, employees or advisers, do not represent, warrant or guarantee, expressly or impliedly, that the information in this Presentation is complete or accurate. To the maximum extent permitted by law, the Company disclaims any responsibility to inform any recipient of this Presentation of any matter that subsequently comes to its notice which may affect any of the information contained in this Presentation. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions.

Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in forward-looking statements .

Competency Statement

The information in this report that relates to Exploration Results, Mineral Resources and Ore Reserves is based on information compiled or reviewed by Michael Mulroney and Steven Wood who are Members of the Australasian Institute of Mining and Metallurgy. Mr Mulroney and Mr Wood are full time employees of Venturex Resources Limited and have sufficient experience relevant to the style of mineralisation, type of deposit under consideration and to the activity being undertaking to qualify as Competent Persons as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Mulroney and Mr Wood consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.

The information in this report that relates to Brazil Exploration Results is based on information compiled by Mr Karl Weber who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Weber is a fulltime employee of CMG Mineração Ltda, a wholly owned subsidiary of Venturex Resources Limited, and has sufficient experience relevant to the style of mineralisation, 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 and Ore Reserves”. Mr Weber consents to the inclusion in the report of the matters based on their information in the form and context in which it appears.

Overview

A Multi Commodity Company

Copper Zinc in the Pilbara Large resource base with excellent growth potential Exploration advancing in three major VMS centres Brazilian Gold

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Exploring for large gold deposits in emerging Tapajós region

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Summary

A Year of Challenges

Pilbara

• Feasibility review program commenced, joint access road to Project constructed and commissioned , Project approvals being advanced

• Expanded exploration footprint with acquisition of Panorama Exploration JV

• Completed first drilling program at Kangaroo Caves, resource evaluation progressing, secured EIS funding for drilling of Midway prospect

• Regional NIFRS-geochemical program is redefining potential of Salt Creek and Whim Creek VMS belts

Corporate

• Streamlined Company’s operations and cost structure

• Rationalising non-core activities

• Company’ funding position, current cash balance of $3.8m

Pilbara Cu-Zn Project

First World Location in the Pilbara

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Pilbara Cu-Zn Project

Large Resource Base with Growth Upside

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700,000
600,000
500,000 26.4 million tonnes
1.2% Cu
Kangaroo Caves
3.4%Zn
400,000 Sulphur Springs
0.3% Pb
Salt Creek
18.4 g/t Ag Mons Cupri
300,000 0.1 g/t Au Whim Creek
Liberty-Indee
200,000
100,000
-
Tonnes Cu-EQ
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Cu_Eq is based on Cu US$3.50/lb, Zn US$0.95/lb, Pb US$0.95/lb, Ag US$25/oz, Au $1,300/oz , A$/US$ 0.95, plus metallurgical recovery data for each deposit

Exploration

Pilbara Exploration

Untapped Potential

 Brownfields

• Expansion of Sulphur Springs and Kangaroo Caves resources

• Salt Creek – Balla Balla resource growth

 Greenfields

• NIFRS/geochemical analysis redefining prospective environments at Whim Creek

• New Midway target south of Sulphur Springs

• Analysis of new Panorama regional prospects

• Liberty-Indee JV

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Exploration

– Panorama Region A Major VMS system

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• Sulphur Springs – Kangaroo Caves corridor has no drilling outside known resources

• Midway target drilling is the first step

• Regional control of known VMS horizon, six targets with indications of mineralisation

Exploration

– Whim Creek Limited Exploration

• Limited drilling outside of Whim Creek and Mons Cupri deposits

• Mons Cupri SW – Extended system with preserved Zn-rich fragments

• Ongoing NIFRS analysis defining “regional system fingerprint”

Exploration

– Salt Creek A Developing Story

Detailed geochemical/NIFRS studies redefining geological setting of mineralisation

 Modelling points to new mineralising centre in West Balla area

 Copper intersections at ACL (incl. 6m @ 2.0% Cu) analogous to Mons Cupri

Exploration

– Liberty Indee JV Emerging Frontier

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• Complex geological setting , different setting to Whim Creek- Salt Creek Dome

• Initial NIFRS analysis underway to define mineralisation “fingerprint”

• Evelyn deposit has growth potential

• Future targets at Evelyn North, Donkey Well

Summary

The Near Future

Pilbara

 Feasibility review program progressing

• Project approvals being secured, finalisaton pending

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 Funded exploration program underway, high discovery potential

• Midway drilling imminent, Sulphur Springs drilling to resume early 2014

• Brazil

 Greenfield exploration ongoing, considering strategic alternatives Corporate

• Growing cash position, non-core asset rationalisation underway

• Working towards commercialisation of core assets

Michael Mulroney Managing Director

E: michael.mulroney@venturexresources.com

Trevor Hart Company Secretary/CFO

E: trevor.hart@venturexresources.com

Registered Office Level 2

91 Havelock Street West Perth WA 6005 Australia

T: +61 8 6389 7400 F: +61 8 9463 7836

ASX Code: VXR

admin@venturexresources.com www.venturexresources.com

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