DEVELOP GLOBAL LIMITED — Investor Presentation 2009

Jun 16, 2009

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An Emerging Gold & Base Metals Company Focused on Advanced Projects In Brazil & Australia

Tim Sugden Managing Director June 2009

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Key Information

• Primary purpose:

• “Identify, acquire and exploit opportunities in mineral resources that will generate substantial and sustainable value for our shareholders”

• Based in Perth, Western Australia

• Highly experienced management team

• Strong business relationships

• Focused on rapid development of Brazilian gold projects

• Advanced base metals projects in WA

ASX Code: VXR

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(post-merger) Capital Structure

• 396,638,576 ordinary shares

• Capitalisation: ~$10m - $14m

� Listed options: 38.63m @ 20c (expire 31/07/09) - � Unlisted options: 24 . 6m @ 10 20c

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Location of Projects

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Brazil Gold Projects

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The Guapore Gold Belt An emerging gold camp (~6m oz produced + resources)

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St Elina Gold Dredge

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St Elina
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c Yamana’s Sao Vicente Operation
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St Elina - Economics

• Typical grades in Guapore Belt

• Sao Vicente – 1.01g/t (Main ore)

• Sao Francisco – 1.26g/t (Gravity Leach Ore)

• Low stri ratios p

• Gravity recovery/heap leach recovery process

• Low start-up capital

• LOM cash costs per ounce in range US$550-US$570

• Venturex resource target: 20-30m tonnes @ 1g/t

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Jatoba

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Jatoba (continued)

• 100% control

• 40km from Cuiaba city

• Significant production centre

• Multiple high grade veins

• Grades of up to 182g/t from pit

• Ready to drill

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Jatoba (continued)

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Sampling veins – May 09

Main pit; dewatering in progress – May 09

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Rio Pombo

• 100% control

• Southern margin of Amazon

• Major gold belt

• .

• Large soil anomaly (up to 2 46g/t)

• Rock chips up to 170.8g/t in shears

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• Ready to drill

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Rio Pombo (continued)

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Rio Pombo Soil Anomaly and Rock Chip Samples

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Tanque Fundo

• Multiple quartz veins

• Samples up to 8.94g/t

• Most likely low-grade

• heap leach planned

• Bulk sampling

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Indicative Timetable

• Sampling and mapping at St Elina (now)

• Drilling* at Jatoba (August 2009)

• Drilling* at St Elina (August – September 2009)

• � Drilling * at Rio Pombo (September 2009) � Bulk sampling at Tanque Fundo (through 2009-10)

*Provided drilling rig is available as planned

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Liberty-Indee & Other Base Metals Assets

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Liberty-Indee, Pilbara

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(continued) Liberty-Indee, Pilbara

RC Drilling intersects new zone of massive sulphides, June 2009

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(continued) Liberty-Indee, Pilbara

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Tarrawarra Project

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Zn-Pb-Ag Target Corridor
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Summary

• The merger provides rapid progression through gold exploration, resource development and potentially, production

• Man Canadian and Australian com anies have thrived in y p

• Brazil – attractive mining laws, minimum sovereign risk

• Production costs are lower

• Established team on the ground in Brazil

• Results will flow rapidly

• Numerous opportunities for further growth in Brazil

• Residual value to be realised at Liberty-Indee

ASX Code: VXR