IONIC RARE EARTHS LIMITED — Investor Presentation 2013

Nov 5, 2013

EXPLORING FOR COPPER AND GOLD IN CHILE

November 2013

Competent Person Statement

The information contained in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Dr Brad Farrell, BSc Hons Eco Geol, MSc, PhD, a consultant to the company. Dr Farrell has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking. This qualifies Dr Farrell as a Competent Person as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves“. Dr Farrell consents to the inclusion in the report of the foregoing matters based on his information in the form and context in which it appears. Dr Farrell is a Fellow of the Australasian Institute of Mining and Metallurgy, a Chartered Professional Geologist of that body and a Member of the Mineral Industry Consultants Association (the Consultants Society of the Australian Institute of Mining and Metallurgy).

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COMPANY SNAPSHOT

Oro Verde Capital Structure (October 2013) ASX Code: OVL Issued Shares: 179 m 24.3m @ $0.27 Options: 2.5m @ $0.20 5.5m @ $0.04 Market Cap: $3.2m (at 1.8c) Cash: $1.1m ( 30 Sept )

Experienced Board & Management

Dr.Wolf Martinick - Executive Chairman

Dr. Brad Farrell - Technical Director

Mr. David Ward - Non Executive Mr. Ross O’Dea - Non-Executive

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$0.08 1,600,000
1,400,000
$0.06
1,200,000
$0.04 1,000,000
800,000
$0.02
600,000
400,000
$0.00
200,000
-$0.02 0
Major Shareholders
Wolf Martinick 12.8%
Brad Farrell 11.6%
Bernes Nominees PL 10.9%
Barry Fehlberg 2.6%
Top 20 58.2% 3
01-Nov-12 01-Dec-12 01-Jan-13 01-Feb-13 01-Mar-13 01-Apr-13 01-May-13 01-Jun-13 01-Jul-13 01-Aug-13 01-Sep-13 01-Oct-13
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ORO VERDE PROJECTS

COPPER AND GOLD PROJECTS

Timon: Large porphyry copper target associated with the Domeyko Fault Zone system (similar to other large deposits on trend such as El Salvador and Escondido

Alma: 2km by 3km IOCG target within Atacama Fault Zone system

San Pedro: Copper mineralisation in region of giant porphyry copper deposits

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Figure 1. Chile
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TIMON PROJECT

• OVL has right to acquire 100%

• Located in the giant copper belt of

• Northern Chile; ~75 km from Copiapo on Bitumen to Argentina.

• Relatively gentle terrain and climate

• Easy access and near to established infrastructure and services

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TIMON PROJECT

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• Geophysics and surface geology suggests presence of large sulphide system

• Geochemistry suggests sulphides associated with copper and presence of supergene layer

• Compelling drill target

TIMON PROJECT IP PLAN VIEW

Plan View of IP Anomaly

Geophysics (IP) and surface geology suggests presence of large sulphide system:

• 1 – 2 km wide and

• Up to 4km long

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4km
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TIMON PROJECT IP CROSS SECTIONS

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TIMON PROJECT IP CROSS SECTIONS

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TIMON PROJECT

Geo-chemistry suggests sulphides associated with Copper Evidence is supported by

• Historic sampling by Billiton and North Broken Hill

• OVL: extensive sampling program

• Was never drilled

• OVL designed drilling program

• First phase RC drilling commenced late October 2013

• Results expected early December

• Second Phase drilling: Q1 2014

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TIMON PROJECT

View looking north showing IP lines and potential drill sites

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News Flow

TIMON :

• Appraise results of First Phase RC drilling: December 2013

• Follow-up drilling and geophysical work: First Quarter 2014

ALMA and SAN PEDRO:

• Further geophysical work leading to possible drilling

OTHER:

• Continuously appraising suitable projects and growth opportunities

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The Opportunity

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• CHILE - Excellent mining opportunities

• LOCAL COMPANY - Chilean office with local management and exploration team

• PROSPECTIVITY – Very prospective copper/gold targets

• NETWORKS - Established strategically important networks

• EXPERIENCE - Experienced and successful exploration team

• ACQUISITIONS - Continuously appraising projects and growth opportunities

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Level 1, 30 Richards on Street Wes t Perth WA 6005 Telephone: +61 8 9481 2555 Fax: +61 8 9485 1290

ASX: OVL

Thank you; Muchas Gracias

www.oroverde.com.au 14