MCS SERVICES LIMITED — AGM Information 2013

Jul 24, 2013

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Chairman’s Address to the RGX Extraordinary General Meeting July 25, 2013.

Earlier this week we announced to the market the first of our drill results from the Majada project area in Chile. As mentioned although they are only the first 3 of a total 11 holes drilled each intersected very pleasing mineral grades at shallow depth. Our progress in Majada, which supports some future possibilities in Region 4 in Chile, is in no small part due to the sterling efforts of DJ Carmichaels. It is significant that Red Gum has entered into a mandate with DJ Carmichael’s as its corporate advisors in recent times, and pursuant to this DJ Carmichaels fully underwrote a renounceable rights issue which closed on 5 June 2013 (raising circa $1.2m), and which form the basis for consideration of today’s resolutions. Significant because ultimately without this support, Red Gum would not be able to execute its program and like many junior companies, would otherwise face a bleak future which is an unfortunate reality in today’s macro environment.

Your Board fully recognizes that we need to develop future funding solutions for growth, other than those reliant upon the equity markets. In this regard we have announced that we are pursuing third party interest in the Cerro Huancash project in Peru, and we will be looking at more novel funding arrangements in support of some very special opportunities in Chile.

I would like to place on record the Board’s very sincere appreciation for the unswerving and demonstrable support DJ Camichael’s has shown to the Company, particularly through the successful completion of the $1.2 million raising, and its management team generally. I would also like to thank my fellow directors, and welcome Jennifer Tobin, as a new non-executive director to her first Shareholders meeting in that capacity. I wish to also express my appreciation to our Company Secretary Mal Lucas Smith and CFO, Vicky Allinson. Special thanks goes to our teams based in Chile and Peru, and particularly Miguel Caro who as Project Manager for Majada has played an instrumental part in the successful completion of the recent drilling activities in record time.

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Acknowledgement & Disclosure
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This presentation may contain certain statements and projections provided by or on behalf of Red Gum Resources Ltd (RGX) with respect to the anticipated future undertakings. These forward-looking statements reflect various assumptions by or on behalf of RGX. Accordingly, these statements are subject to significant business, economic and competitive uncertainties and contingencies associated with exploration and/or mining which may be beyond the control of RGX which could cause actual results or trends to differ materially, including but not limited to price fluctuations, exploration results, ore reserve and mineral resource estimation, environmental risks, physical risks, legislative and regulatory changes, political risks, project delay or advancement, ability to meet additional funding requirements, factors relating to title to properties, native title and aboriginal heritage issues, dependence on key personnel, share price volatility, approvals and cost estimates. Consequently, there can be no assurance that such statements and projections will be realised. Neither RGX, or any of its affiliates, advisers, consultants, agents or any of their respective officers or employees ( Relevant Parties ) make any representations as to the accuracy or completeness of any such statement of projections or that any forecasts will be achieved.

Additionally, RGX makes no representation or warranty, express or implied, in relation to, and to the fullest extent permitted by law, no responsibility or liability (whether for negligence, under statute or otherwise) is or will be accepted by RGX as to or in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this Presentation or any omission from this Presentation or of any other written or oral information or opinions provided now or in the future to any Recipient or its advisers. In furnishing this presentation, RGX undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities.

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Chile – Focused on a World Class Belt
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Cerro Verde Cuajone Quellaveco Toquepala Mocha Cerro Colorado Copaquire Quebrada Blanca Rosario El Abra SANTIAGO Chuquicamata Spence Sierra Gorda Centinela Gaby Polo Sur Zaldivar ANTOFAGASTA Chimborazo Escondida Lomas Bayas El Penon Guanaco El Salvador Manto Verde Potrerillos Los Azules La Coipa Candelaria Refugio Relincho La Fortuna • Pascua • El Indio LA SERENA • IOCG Deposits Andacollo Copper Deps. -others • Los Pelambres Gold Deposits El Espino

Leveraging Our Competitive Edge

Focused on Region IV Segment Less Intensive Historical Exploration Great Opportunities Available Other Nearby Juniors Successful (e.g. Hot Chili, Southern Hemisphere, Helix, Explorator, Pucobre)

Red Gum Focus

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Chile – High Value Growth
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Andocollo Porphyry (Teck) + CMD (Dayton) Red Gum 100%
400Mt @ 0.38% Cu + 3.4Moz Au
Red Gum Acquisition
Los Mantos IOCG (Hot Chili) Third Party Project
Vallecillos Polymetallic (Metminco)
8.1Mt @ 0.82g/t Au, 10 g/t Ag, 1.06% Zn, 0.33% Pb
Mollacas Porphyry (Metminco)
15.5Mt @ 0.51% Cu, 0.13g/t Au
Punitaqui IOCG (Glencore)
Prod. 39,000 tonnes Cu concs. in 2011
Joshua Porphyry (Helix)
Hado Porphyry (Helix)
San Lorenzo IOCG (Salfacorp)
Manuelito IOCG (Manuelito Minerals)
Llahuin Porphyry (Southern Hemisphere Mining)
106Mt @ 0.40% Cu equiv.
El Espino IOCG (Pucobre)
144Mt @ 0.55% Cu, 0.22 g/t Au 0 50
kms
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Chile – Majada IOCG Copper-Gold Project
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0 2
Majada Oeste km
Cu-Au Project
Majada Este
Cu-Au Project
San Lorenzo
Cu-Au
Discovery
12,000m Drilling
Resource
Definition in
Progress
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Drilling Program
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• Diamond core hole drilling totalling 1500 m completed. Focused on recent geophysical survey anomalies and field mapping.

• Results from the first three bore holes released.

• Assay results for the remaining bore holes due shortly.

• Two batches expected RMD 008, 009, 010 and 011; followed by RMD 003, 004, 005 and 006.

• Operational and logistical activities completed very successfully.

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Drilling Program
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• Refining our model for the controls on, and location of, the main source of mineralised fluids.

• Differences in mineralisation between East and West Majada will be assessed.

• Combined with on-going field work there is certainly compelling evidence to consolidate attention in this area.

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Corporate Activity
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• Completion of a fully underwritten Renounceable Rights Issue raising approximately $1.125 million.

• Company is actively pursuing third party involvement in progressing its exploration and future programs for the Cerro Huancash Project in Peru.

• Company is pursing more novel funding approaches for its Chilean based activities with the intention of reducing reliance upon equity markets.

• Changes in Board Composition.

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Contact
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Red Gum Resources Limited (ASX : RGX) Suite 9 Lester Court 75a Angas Street Adelaide, SA, 5000

Dr Ray Shaw, Executive Chairman rshaw@redgumresources.com Tel: 08 8223 1680

www.redgumresources.com

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