FENIX RESOURCES LTD — AGM Information 2011

Nov 29, 2011

AGM PRESENTATION

2011 ASX: EMG

This presentation has been prepared by Emergent Resources Limited (EMG). It should not be considered as an offer or invitation to subscribe for or purchase any securities in EMG or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in EMG will be entered into on the basis of this presentation. This presentation contains forecasts and forward looking information. Such information is not a guarantee of future performance, and involve unknown risks and uncertainties. Actual results and developments will differ from those expressed or implied.

There are risks of a general nature and specific to EMG which will affect the future operating and financial performance of EMG and the value of an investment in EMG, including economic conditions, stock market fluctuations, iron ore demand, and commodity price fluctuations, timing of access to infrastructure, timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve and resource estimations, native title and title risks, foreign currency fluctuations, and mining development construction and commissioning risks.

The production targets in this presentation are subject to the completion of the necessary feasibility studies permitting and execution of all necessary infrastructure agreements and are only included as a guide and should not be relied upon. You should not act or refrain from acting in reliance on this presentation material. This overview of EMG does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of EMG’s prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the

accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision.

Nothing contained in this Presentation constitutes an offer, recommendation or invitation by EMG or its Representatives to purchase EMG securities. The Recipient acknowledges that neither EMG or any of its Representatives has made, nor makes any representation or warranty, express or implied, as to the accuracy, content, legality or completeness of any Information; or is under any obligation to notify the Recipient or to provide any further information to the Recipient if EMG or its Representatives become aware of any inaccuracy, incompleteness or change in the Information contained in this Presentation.

Competent Persons Statements

Technical information in this report has been prepared under the supervision of Mr Jonathan King, Chief Geologist for the company and a member of the Australasian Institute on Mining and Metallurgy (AusIMM). Mr King has sufficient experience which is relevant to the style of mineralisation 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” (the JORC Code). Mr King consents to the inclusion in this report of the Information, in the form and context in which it appears.

• Added a new project, prospective for Gold and Copper at Extension & Extension North

• Drill ready targets at Extension Gold Project

• Identified a number of high priority Gold and Copper drill targets at Glengarry

• Negotiating with interested parties on the Beyondie Iron Project

• Successfully completed rights issue raising $2,763,695

Beyondie Iron Project

• Seven diamond core holes drilled to support metallurgical program aimed at testing the transitional zone above fresh magnetite ore body.

• Metallurgical studies on the transitional mineralisation that sits above the established 561 million tonne, JORC inferred magnetite resource

• Reconnaissance drilling of bedded hematite mineralisation

• Reconnaissance drilling of shallow detrital hematite

• Metallurgical testing on the beneficiation process and weight recoveries for the

• bedded hematite mineralisation

• Detailed field reconnaissance, mapping and XRF analysis along strike

• Assessment of Infrastructure and transportation pathways

• Joint Venture discussions and due diligence site visits with potential JV partners

Beyondie Magnetics Map

==> picture [713 x 429] intentionally omitted <==

Glengarry gold and base metals project

• Joint collaboration study with the CSIRO, to define targets

• Reconnaissance soil sampling identifying multiple high priority targets

==> picture [585 x 283] intentionally omitted <==

Significant drill ready targets including 8km[2] copper gold target, at Glengarry

Extension & Extension North, Marymia

o Detailed geological review identifies significant gold prospectivity at Beyondie o Field reconnaissance and mapping

o Detailed soil sampling and stream sediment sampling across target areas o Detailed assessment of historical drilling

o Numerous 2+ g/t gold intercepts identified in historical drilling never followed up by previous explorers

o Discussions with Barrick Gold and Dampier Gold about operational synergies o Farm-in Joint Venture with Raven Resources on the projected extensions of the Plutonic Well Greenstone Belt and Jenkins Fault

o Two additional neighbouring exploration applications were pegged and are believed to be prospective for gold

==> picture [596 x 341] intentionally omitted <==

• Emergent directly controls 21km (~25%) of the rich Plutonic Well Greenstone Belt through two,100% owned tenements + additional potential upside through Raven JV ground.

==> picture [494 x 336] intentionally omitted <==

• Beyondie & Glengarry tenements, located in close proximity to one of Australia’s most exciting mineral exploration provinces

Focus

• Successful rights issue completed, raising $2,763,695

• The company is focussed on projects that have the potential to achieve a

• near term revenue stream

• Cost reductions and focused on conserving capital for value add opportunities

• Pursuing new exploration and mining opportunities in Australia and overseas

• Further advancing joint venture partnership and strategic review of the

• Beyondie Iron Project

• Achieving share price value for shareholders

Unlocking the true potential that lies within Emergent’s asset portfolio!