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GREENWING RESOURCES LTD Investor Presentation 2006

Apr 5, 2006

65029_rns_2006-04-05_77a993f3-42ef-4a27-997e-88b91d367563.pdf

Investor Presentation

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BASS MEDIS 15 LAD

Mt Charter - an emerging large scale gold project

Presented by Mike Rosenstreich

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Paydirt's Gold Conference 5-6 April 2006 Perth Western Australia. BASS MEDALS ORD

BASS MORIS VS BASS MORIS

Northwest Tasmania

Mt Charter - Gold-Silver COOCSTO

Que River (Zn. Pb. Cu. AUSACI

BASSARE ALS PRO

Lakeesttenenent interests in one of The most mneralised Igeologice I provinces in the World.

In terns of Gold Gndowment...

Henty Gold Mine

BASS METALS (CO) Hellyer project - aerial view

BASS METALS INTO Mt Charler (gold Silver)

Large, shallow dold silver system,

No systematic gold evaluation - always a base metal target!

- andreas - Me have extrast BGIOTE WE Sichico H Sirong, indications of a Targe Au-Ag Systema

BASS MERALS I

MASSATION AND REAL Mt Charter new high order gold in soil anomalies.

EASS MEDIALS THEFT

Mt Charter - an emerging large seale Au system

BASSING MARIES

Mt Charter - line 4730mN 100m to the north.

BASS METALS LID Mt Charter - more of a hill....year round exploration

$\left(\begin{smallmatrix} A^{\prime\prime\prime\prime} \ C\bar{C}\bar{C}\bar{C}\bar{C}\bar{C}\bar{C}\end{smallmatrix}\right)$

Planned Micharde Colvius

  • CONTRACT CONSTRUCTIONS
  • THE REPORT OF BUILDING AND INTERNATIONAL CONTRACTORS Abril

Targeting 250k oz, and belleve in potential for e rolus falo minion czącejotosłą

· Metallurgical testwork to start in Aori

EASS MEANS forojetet,

Que River-metal Gndownent

3.3Mt at 13.3% Zn, 195g/t Ag, 3.3 g/t AU 7.4% Pb & 0.7% QI

Mining foous Shifted to Hellyer -ISSMING Opportunities for EXENT

Hellyer Project - S-kens (copper resource)

Hamilton finning

matan sa

3870REE14.7% OL, 64 0JEA0, 4.2% Zn & 30JEAU 544% Indicated & 56% Interred Resource

(in accordance with 2004 JORC Code)

MAS MELAISTEED Que River - S-lens in Context; part of something bigger....

BASS MEDALS PRO

Que River - "brown fields" exploration

Que River - quickly "abandoned" when Hellyer came on SIGIN

Many untested positions, unmined sulphide Tenses and GXtenSionS for existing known orabodias. E.g. Níco Zone

BASS MERNS (18)

Estimate

Resource de Ferr ronne 741 80 19 on
e W W M HT T.
Nico Viam - Indicture EXTOUT ETOVA S. EKIPED e di OBSTA
Nico Main Aniental ETANUM EZALE W 26 FAO Z OKIA
NICOLE DE L'ANGLES APACUTE SIT ik ya AN ESTE OPAN
Total Indicated KKKOLO STOWA E. KI 50 OKYA
TOEUMONS ESTADOR E 7. S. V n Cya œ OZA
TO ALIMIA PINE TEXTOS 84574 78 Y A ET E II. OKYA

F DESSEIGEN SX: Initiation - SAVILYOG Grinner Gerils

EASSEN DATS Que River - Nico Lens: Zn.Pb, Ag., and gold

BASS METALS (FEE) A realistic early cash flow opportunity - with growth potential

·Potentially high hiarcin ore 2Mining study underway-complete G.JUIVOG

· Reduced technical IRSK •On granted Mining

1 éase

.3 km south of plant

·In area aiready FATTACTE

COUGH SAY GENERAL DE LA CONDUCTION AND LES

  • PARTITIONS RELEASEDED CONSUMERS CONTRACTOR
  • · Resource estingte -Nico and S-Iens UDOCKS
  • STATION IN THE CONCERTING IN THE CONSTRUCTION OF THE CONTRACT OF THE CONFIDENCE OF THE CONFIDENCE OF THE CONF Mada
  • A EValuate remnant resource potential & TAVA CICERS
  • CORMS core components due for CONDER PRODUCED IN THE COND
  • Objective to be mining this year.

BASS MEDALS (2007) Company Profile

• Clear objective - to be a profitable Droteletech Attractive capital Structure -36.3 million shares on issue -6.1 million listed options • Strong cash position – c. \$2.5 million · Strong investor base - includes several Institutions e.g. Sempra Metals & Concentrates • Gurmant Mkt Cho. 637. 1 million (at \$0.195)

MASKIN AKTER BSM - Key Value Drivers

1 People

P

I

M

H

Talented & enthusiastic technical team supported by experienced Board.

  1. Advanced Projects - 100% owned by BSM.

Mt Charter-Gold growing resource base

Que River - "Bass" Metals & Gold mining study underway

  1. Hellyer Exploration Alliance with Zinifex

  2. BSM operating in a world class mineralised province

  3. HEA work to date, led by Geoinformatics has defineated 13 target areas for base metal and gold deposits -on the Hellyer Leases.
  4. Readying drill targets for testing H

4. Regional Tenements

  • Largest tenement holder
  • Targeting large new deposits (gold base metals, Ni and Sn) and smaller higher grade early production opportunities.
  • Currently generating regional targets Geoinformatics

EAS NEARS

E

K

Company Sunnary

  • Excellent opportunity to gain exposure to one of the most r. mineralised provinces in the world, the Mt Read Volcanics (MRV) in western Tasmania.
  • $\mathscr V$ BSM has a strategic 1000 km² land position in the MRV. De - Advanced gold and copper prospects - 5 regional projects - with gold, copper and zinc targets
  • Budgeting for a continuous drilling programme in 2006 2 drilling rigs started work on BSM Prospects in October- 05 with strong drilling results to date
  • Important alliances Exploration alliance with Zinifex -H Operator at Rosebery Zn-Pb-Ag-Au Mine, Geoinformaties proven ore finder & Intec - owner of the Hellyer Plant.
  • Experienced management and attractive capital structure