DEVELOP GLOBAL LIMITED — Investor Presentation 2013

Jun 18, 2013

Australian Copper Conference Brisbane

Michael Mulroney - Managing Director | June 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

Introduction

ASX listed base metal and gold resource company - - Pilbara focussed Cu Zn Ag Developer Large resource base with excellent growth potential Exploration advancing to expand proposed Project Brazilian Gold Exploring for large gold deposits in emerging Tapajós region

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Overview

Corporate Information

Board

Tony Kiernan	Non-Executive Chairman
Michael Mulroney	Managing Director
Ray Parry	Non-Executive Director

Key Shareholders

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33.5% Regent Pacific
39.8% Northern Star
Henghou Industries
JP Morgan Nominees
Citicorp Nominees
Others
12.9%
3.1%
3.4%
7.4%
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Capital Structure

Capital Structure
ASX Code	VXR
Issued Shares	1,547.87m
Market Capitalisation	$24.0m
Top 20 Shareholders	77.5%

Share Price

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Volume (m) Price ($)
$0.06
14
$0.05
12
10 $0.04
8
$0.03
6
$0.02
4
$0.01
2
0 $0.00
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Note: As at 4 June 2013.

Pilbara Cu-Zn Project

– First World Location Heart of 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
3.4%Zn Kangaroo Caves
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

Pilbara Cu-Zn

Feasibility Study

• Simple Mining Operation

• Underground mine, expanded open pits at Whim Creek/Mons Cupri

• Processing Hub at Sulphur Springs

• 1.0 Mtpa, conventional flotation, Copper and Zinc concentrates

Surface Infrastructure Layout

 LOM Payable Production

• 136,000t Cu, 246,000t Zn, 1.7Mozs Ag

• Mine Life – 8.5 years+

• Other deposits provide conceptual 11+ year project life before exploration success

• Enhancement Program underway

Sulphur Springs Underground Mine Design

Pilbara Cu-Zn

Enhancement Program

Several Key Objectives

• Increased scale – focussed exploration to increase Project scale

• Expand existing Salt Creek, Evelyn and Kangaroo Caves resources

• Regional green fields focus

• Production Optimisation - optimisation of the mine(s) development sequence to maximise Project value.

• CAPEX Refinement – reduce capital intensity

• modular construction

• power generation options

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• Infrastructure sharing, joint Haul Road under construction

• Permitting – securing development approvals.

Exploration

Increased Exploration Focus

Significant Exploration Upside

 Brownfields

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• Resource Expansion

• First 4,700 metre RC drilling program at Kangaroo Caves completed, high grade zinc-copper results

 Greenfields exploration

• New targets identified

• Salt Creek/Balla Balla Corridor

• Sulphur Springs/Kangaroo Caves Corridor

• Liberty-Indee JV regional prospects

• Liberty-Indee JV RC drilling underway on selected EM/magnetic targets, results available in July

Exploration

– Sulphur Springs Major untapped VMS system

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• Sulphur Springs – Kangaroo Caves trend covers 40% of known VMS horizon with no drilling outside known resources

• Regional – Acquisition of remaining known VMS horizon (settlement pending) for future royalty, six targets identified, some with historical drill intercepts

Exploration

Two Largest VMS Deposits in the Pilbara

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Sulphur Springs - Long Section Kangaroo Caves - Long Section
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 Sulphur Springs Cu-Zn

• Large 12.8Mt resource defined

• Open at depth and west towards Bledisloe prospect (600m west)

• High grade hanging wall zone provides secondary target

 Kangaroo Caves Cu-Zn

• Second significant mineralised system

• Priority drilling target, new results will revise interpretation

 Regional Prospects

• Untested VTEM/HyMap anomalies in the SS/KC corridor

• Six regional targets with very limited drilling

Exploration

Current Program Kangaroo Caves

Phase 1 Drilling Program Completed

Kangaroo Caves Prospect - Plan Projection

 Significant high grade mineralisation extended

 Opened potential for shallow extensions along strike

Hole ID	From	To	Width (m)	True Width (m)	Cu %	Zn %	Pb %	Ag g/t	Au g/t
KCR001	146	147	1.0	0.9	0.77	2.20	0.16	14.2	0.05
and	223	227	4.0	3.7	0.03	2.16	0.11	2.3	0.01
Incl.	224	225	1.0	0.9	0.07	5.46	0.26	6.3	0.01
KCR002	No significant assay results
KCR003	No significant assay results
KCR004	53	58	5.0	3.7	0.32	0.23	0.01	1.0	0.01
KCR005	137	152	15.0	10.0	0.30	6.99	0.21	31.5	0.12
Incl.	137	146	9.0	6.0	0.39	8.98	0.31	49.5	0.19
and	152	160	8.0	5.3	0.46	0.11	0.00	0.8	0.01
and	179	181	2.0	1.3	0.69	0.36	0.00	0.7	0.00
KCR006	No significant assay results
KCR007	154	159	5.0	3.8	0.62	9.30	0.19	7.3	0.06
and	165	169	4.0	3.0	2.61	0.79	0.19	2.8	0.02
KCR 008	136	142	6.0	6.0	0.09	4.89	0.09	5.1	0.02
And	143	148	5.0	5.0	3.97	0.15	0.01	3.0	0.01
KCR009	185	187	2.0	1.9	1.11	0.97	0.02	11.6	0.06
and	187	188	1.0	0.9	0.19	2.90	0.06	8.4	0.03
KCR010	Hole abandoned
KCR011	No significant assay results
KCR012	146	147	1.0	0.9	0.17	10.35	0.40	13.2	0.03
and	160	165	5.0	4.6	0.65	2.25	0.03	4.5	0.01
KCR013	250	264	14.0	12.5	0.60	6.37	0.48	19.3	0.08
Incl.	253	256	3.0	2.7	0.66	13.13	1.24	35.9	0.15
and	259	261	2.0	1.8	2.11	4.92	0.25	25.7	0.09
KCR014	No significant assay results
KCR015	Faulted contact, no significant assay results
KCR016	186	187	1.0	0.9	0.49	1.79	0.02	41.3	0.03
KCR017	192	197	5.0	4.8	0.74	0.10	0.01	1.5	0.00
KCR018	No significant assay results, target not reached
KCR019	201	209	8.0	7.8	0.10	8.37	0.51	25.6	0.12
Incl.	202	206	4.0	3.9	0.11	11.84	0.88	42.6	0.19

Exploration

– Whim Creek Region Multiple Opportunities

Exploration

– Whim Creek Limited Exploration

Whim Creek Deposit - Plan Projection

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Mons Cupri Deposit - Long Section
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Mons Cupri SW Prospect - Plan Projection

• Limited drilling beyond Whim Creek and Mons Cupri deposits

 Mons Cupri SW prospect

• “Blind” target down dip, significant alteration with preserved Zn-rich chimneys (0.6m @ 7.6% Zn)

• Located “Whim Creek” horizon 5kms south of deposit (2m@ 0.7% Cu 0.7% Zn 1.0% Pb 60g/t Ag)

Exploration

– Salt Creek Developing VMS Centre

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• 15km of prospective geology, NIFR spectral studies redefining volcanostratigraphy

• Salt Creek – high grade resource open below 300m depth

• Balla Balla – emerging system (6m @ 0.2% Cu, 7.3% Zn plus 2m @ 5.6% Cu), completely open

• ACL - 6m @ 2.0% Cu in volcanic setting analogous to Mons Cupri

Exploration

– Liberty Indee JV Emerging Frontier

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



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• Complex geological setting

• Evelyn resource remains open down plunge

• Multiple mineralised horizons to be tested

• New targets defined at Evelyn North, Hinge

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Evelyn Deposit Long Section
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Brazil

Gold Exploration in Brazil

A … Developing Story

• CMG Mineração Ltda - 100% owned by Venturex

• Focused on discovery of large gold deposits

• Established exploration team in Cuiabá

• Projects in northern Mato Grosso and Tapajós gold district, Pará

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Brazil

– Tapajós A Major Emerging Gold Region

• Site of major 1980s gold rush

• 16-30 Moz produced by garimpeiros

• Large scale gold systems in magmatic arc settings

• Several large gold discoveries

• Tocantinzinho 2.5Moz

• Cuiu Cuiu 1.3Moz

• Palito 0.4Moz

 All projects have extensive historical/active garimperio workings

• No modern exploration

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Brazil

Serra Verde Gold Project

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High grade alteration zone in volcanics Fofoca Velha

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High Grade Fofoca
Velha Vein +100g/t
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Spider veined granite

• Major NNW trending structural corridor hosting broad zones of hydrothermal alteration

• Outcropping E-W high grade vein systems associated with high level intrusives and volcanics exposed over 5 kilometre length

• Planning for maiden drilling program mid-2013

Brazil

Nova Canaã Gold Project

• RC drilling hit high grade gold mineralisation in splay structures

• 3 kilometre gold in soil anomaly

• Planning for next drilling program underway

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NCD004 mineralisation – 8 metres @ 15.33g/t gold
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Summary

Summary

Australia

• Large existing resource base ~580,000t CuEQ

• Excellent land position with strong organic growth potential

• Feasibility enhancement program

• Expanded exploration program underway

• Kangaroo Caves drilling delivering high results

Brazil

• Greenfields exploration for gold deposits

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• Growing footprint in the emerging Tapajós gold region

• Serra Verde drilling targeted for mid-2013

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

Tony Dawe

Professional Public Relations

T: +61 8 9388 0944

• E: tony.dawe@ppr.com.au

admin@venturexresources.com www.venturexresources.com

ASX Code: VXR

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PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012	PROJECT MINERAL RESOURCES – December 2012
Location		JORC	Tonnes **('000t) **	Cu %	Zn %	Pb %	Ag g/t	Au g/t
		Classification
Whim Creek		Indicated	967	1.43	1.19	0.19	8.8	0.07
		Inferred	4	0.49	2.34	0.57	13.9	0.06
		Total	972	1.43	1.19	0.19	8.8	0.07
Mons	Cupri	Measured	1,273	1.47	1.70	0.75	41.1	0.28
		Indicated	3,286	0.71	1.11	0.43	17.7	0.08
		Inferred	48	0.68	0.55	0.12	9.0	0.02
		Total	4,607	0.92	1.27	0.52	24.1	0.14
Salt Creek	Zn	Indicated	475	0.18	14.05	4.42	107.1	0.49
	Cu	Indicated	423	3.66	0.89	0.13	2.7	0.13
		Inferred	105	3.54	0.06	0.01	1.58	0.03
	Zn/Cu	Total	1,003	2.00	7.03	2.15	52.0	0.29
Liberty-Indee JV		Indicated	453	2.20	4.50	0.40	42.0	0.92
		Inferred	204	1.00	1.80	0.20	22.4	0.44
		Total	657	1.83	3.66	0.34	35.9	0.77
Sulphur Springs		Indicated	8,300	1.95	5.47	0.27	22.3
		Inferred	4,531	0.67	1.49	0.08	8.9
		Total	12,831	1.50	4.06	0.20	17.6
Kangaroo Caves*		Indicated	4,300	0.60	3.40		14.0
		Inferred	2,000	0.30	3.30		8.0
		Total	6,300	0.50	3.37	0.00	12.1
All Locations		Measured	1,273	1.47	1.70	0.75	41.1	0.28
		Indicated	18,205	1.38	4.06	0.34	21.0	0.06
		Inferred	6,892	0.62	1.99	0.06	8.9	0.01
		Total Sulphide Resources	26,370	1.18	3.41	0.29	18.9	0.06

• Completed by Sipa Resources/CBH Resources in Sep 2007