GREENWING RESOURCES LTD — Investor Presentation 2009

Feb 18, 2009

ABN 31 109 933 995

19 February 2009

Manager Company Announcements Office Australian Securities Exchange Exchange Plaza 2 The Esplanade PERTH WA 6000

By: e-lodgement (ASX code: BSM)

Dear Sir/Madam

Correction - RIU Explorers Conference Presentation

The Company wishes to release the attached amended slide 13 relating to the net realisable value and margins of the Que River Mine operations which appeared in the presentation lodged on 17 February 2009 titled ‘RIU Explorers Conference - Hard Assets Realistic Plans’.

Yours sincerely

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Susan Hunter Company Secretary

16 Thelma Street WEST PERTH WA 6005 PO Box 1330 WEST PERTH WA 6872 Telephone (08) 9322 8044 Facsimile (08) 9481 2846 www.bassmetals.com.au

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----- Start of picture text ----- Profitable Minenet realisable value (NRV) – at 31 Jan 09----- End of picture text -----

Ongoing positive cash flow – currently 25% revenue - Gold

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----- Start of picture text ----- Avg. Value of ore sold $/t 243 354 298----- End of picture text -----

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----- Start of picture text ----- Operating Cost $/t 210 189 199----- End of picture text -----

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----- Start of picture text ----- Margin as % of Costs % 16 87 50----- End of picture text -----

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----- Start of picture text ----- Tonnes Mined Kt 43.8 43.2 87----- End of picture text -----

NRV : compares net realisable value of all ore mined (sold & stockpiles) and all project expenditure as it is incurred, i.e. no deferral of early, higher stripping ratios.