EVOLUTION MINING LIMITED — Regulatory Filings 2010

Nov 28, 2010

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29 November 2010

CATALPA RESOURCES LIMITED BROADCAST

ASX Code: CAH

Shares on issue: 162,831,088

Share Price Current:

CATALPA RESOURCES LIMITED (CAH) provides the opportunity to listen to an audio broadcast with Bruce McFadzean, Managing Director & CEO in a presentation titled "Catalpa discusses AGM and Maiden High Grade Underground Resource ‐ Bruce McFadzean, Managing Director & CEO" .

$1.84 (26 November 2010)

12 month range: $2.27 (high) - $1.18 (low)

To listen , copy the following details into your web browser: brr.com.au/event/ 72213

Board of Directors

The presentation details are as follows:

• Catalpa discusses AGM and Maiden High Grade Underground Resource at Edna May

• Presented by Bruce McFadzean, Managing Director & CEO

• Mon, 29 Nov 2010 9:15am AEST

Mr Peter Maloney: Non Exec Chairman Mr Bruce McFadzean: Managing Director Mr John Rowe: Non Exec Director Mr Barry Sullivan: Non Exec Director Mr Graham Freestone: Non Exec Director Mr Murray Pollock: Non Exec Director Mr Graham Anderson: Company Secretary Mr Leonard Math: Company Secretary

Senior Management

For further enquiries contact:

Bruce McFadzean Managing Director & CEO Catalpa Resources Limited Tel +61 8 9321 3088

Adrian Pelliccia Manager Business Development Catalpa Resources Limited Tel +61 8 9321 3088

Erik Palmbachs: CFO Stuart Pether: COO Nick Winnall: Manager Exploration Adrian Pelliccia: Manager Bus Dev John Winterbottom: Manager Geology John Fraser: General Manager – Edna May

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ABOUT CATALPA RESOURCES

Catalpa Resources Limited (ASX: CAH) has two exciting gold assets; a 100% interest in the 100, 000 ounces per annum Edna May Gold Project in Western Australia and a 30% interest in the 100, 000 ounces per annum Cracow Gold Project in Queensland (70% Newcrest Mining Limited).

Catalpa’s flagship Edna May Project boasts an impressive forward sold position of 325,000 ounces of gold at A$1,557.50 per ounce.

With a combined Mineral Resource of 2.2 million ounces of gold and a combined Ore Reserve of more than one million ounces of gold, (refer announcement dated 27 May 2010 and 23 November 2010), the Cracow and Edna May Operations will provide a sustainable long life cash flow to fund Catalpa’s growth strategy.

Catalpa is confident that both Cracow and Edna May offer further Reserve and Resource growth potential, with ongoing exploration programs at both operations. In parallel, the Company continues to proactively identify and assess other production growth opportunities.

The Company has a motivated and technically accomplished management team and a highly‐experienced and supportive Board, committed to realising shareholder value from the Company’s growing asset portfolio.

Catalpa strives for best practice standards across all its activities, including health and safety, environmental management, corporate governance and social responsibility.

EDNA MAY OPERATIONS (100%)

Catalpa’s wholly‐owned Edna May Gold Project is conveniently positioned just two kilometres from the infrastructure of Westonia, on the eastern edge of WA’s Wheatbelt region. The mine is half way between Perth and Kalgoorlie and ideally situated to be serviced by either of these major mining centres.

With its robust economics, geologically and metallurgically well defined ore‐body, high Ore Reserve confidence and excellent recovery rate of more than 90%, Catalpa’s Edna May Gold Project offers an attractive, long‐term platform to grow a mid tier gold producer.

Catalpa’s mine and processing schedule demonstrate average gold production at Edna May in excess of 100,000 ounces per annum for a life of mine of more than nine years, with the first gold poured in April 2010.

CRACOW GOLD OPERATIONS (30%)

Catalpa owns 30% of the Cracow Gold project in Queensland with a pre‐emptive right over Newcrest’s 70% stake in the asset. The Cracow Gold Project is well managed and operated by Newcrest, allowing Catalpa to remain focused on the ramp up to full production of the Edna May Gold Project.

The Cracow Gold Project has a history of steady gold production of over 100,000 ounces per annum for the past four years and it is considered to have considerable exploration upside.

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