MCS SERVICES LIMITED — Investor Presentation 2013

Aug 26, 2013

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Acknowledgement & Disclosure
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The information in this presentation is published to inform you about Red Gum Resources Ltd ( RGX ) and its activities. All reasonable effort has been made to provide accurate information, but neither RGX nor any of its affiliates, advisers, consultants, agents or any of their respective directors, officers or employees ( Relevant Parties ) warrant or represent its accuracy and RGX reserves the right to make changes to it at any time without notice.

This presentation may contain certain statements and projections provided by or on behalf of 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, indigenous land rights and related 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 nor any of the Relevant Parties make any representations as to the accuracy or completeness of any such statement or projection or that any forecasts will be achieved.

This presentation is not a prospectus, may not contain all information that you may require to evaluate RGX and does not constitute an invitation to apply for, an offer to subscribe for or buy, or an offer for the subscription or purchase of, any securities. This presentation is not for distribution in, nor does it constitute an offer of, securities for sale in any jurisdiction where such distribution or offer is unlawful. Potential investors must obtain their own independent advice and make and rely on their own assessment of the opportunity described in this document. This document is not a recommendation by any person in respect of an investment in, or acquisition of, RGX and does not constitute financial advice. No person makes any representation or warranty (express or implied) as to the accuracy, reasonableness or completeness of the content of this document and no person is under any obligation to update any information in this presentation.

To the extent permitted by law, neither RGX nor the Relevant Parties accept any responsibility or liability for any losses or damages of any kind arising out of the use of any information contained in this presentation and all liability is expressly disclaimed and released. Additionally, RGX and the Related Parties make no representation or warranty, express or implied, in relation to this presentation, 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 or the Related Parties 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 and the Related Parties undertake 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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Going Forward
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• .

• Final Majada Drill results due within next 2 weeks

• Already, promising exploration results from Majada have strengthened corporate resolve for accelerating consolidation strategy for IOCG opportunities within Region IV.

• Currently in negotiations with a number of third parties ‐ for exploration, funding, and/or development

• opportunities.

• Concurrently RGX has mandated to seek third party

• participation for its Peruvian Cerro Huancash Project.

• • Also seeking to have third party participation in future exploration for La Negra discovery.

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Majada West Discovery
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• Higher grades of copper intersected;

• Consistent grades intersected at shallow depth indicating the presence of a +800 m strike length and +150 m shallow dip extent (open in both directions);

• Reported intercepts up to 18 m wide grading 0.67% copper (including higher grade intervals up to 3 m wide grading 1.72% Cu, 22.7 g/t Silver and 0.04 g/t Gold) in RMD 001 and 002;

• RMD008 and RMD 009 also encountered this zone up to 13 m true width grading 0.69% Cu, including higher grade intervals of up to 4 m wide, grading 1.33% Copper, 0.18 g/t Gold and 16.9 g/t Silver.

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Majada West Discovery
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Perspective View, Looking South

Surface squares are 200x200 metres Downhole Geochemistry Scale: Diameter and Colour Proportional to COPPER GRADE

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Intrusive
Contact
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Majada West Discovery
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Perspective View, Looking Southeast Surface squares are 200x200 metres

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Intrusive
Contact
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Regional Strategy
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• Targeting IOCG deposits because of higher grades, more predictable geometry, and amenable to cost‐ effective exploration strategies.;

• Seeking grades +>1% Cu;

• First mover advantage, consolidation of fragmented historical concession holdings;

• Focused in areas with proximity to Infrastructure and Logistics;

• Attendant year round weather window and access

= Region IV, Chile

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Region IV
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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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Implementation of Regional Strategy
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• Regional Office established in Combarbala in January 2012.

• Demonstrated in‐country ability to operate successfully with mineralisation discoveries at La Negra (early 2012) and Majada (2013).

• The regional office has facilitated mutual benefits through local community involvement, including employment opportunities, trust building and overall corporate credibility.

• • Provided a venue for regional surveillance, local networking for opportunity flow and skills base for operational and logistical activities.

• Strategy already delivered pipeline of opportunities including Majada Project.

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Operational Capabilities
Case Study ‐ Majada
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From inception to discovery in 10 months !!.

• Project potential initially identified via local networking in Q3, 2012;

• Discussions with concession holders Q4, 2012;

• Entered option agreement in Q4, 2012 covering 9 separate concessions;

• Negotiated community access agreements early 2013.

• Initial field mapping, contracted Quantec Geophysical to undertake IP, Resistivity and Magnetic surveys Q1, 2013.

• Contracted HSB Drilling for 1500 m diamond drill core program.

• Received geophysical and surface mapping results April 2013.

• Negotiated community and surface rights drilling access May 2013.

• Drilling commenced May 2013.

• Drilling successfully completed June 2013.

• Initial mineralisation discovery announced July 23 2013.

• Follow up extensions of discovery announced August 2013.

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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
Manuelito 12,000m Drilling
Resource
Cu-Au
Definition in
Discovery
Progress
25,000m Drilling
Resource Definition in Progress
Copper‐Gold Workings
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La Negra Discovery
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• Polymetallic (Zn, Pb, Ag + Au) mineralisation confirmed by 12 holes (totalling 2,520m) drilling along 400 m segment of breccia unit;

• Significant Upside ‐with total outcropping mineralised breccia strike length exceeding 1300 m;

• Mineralised breccia conforms to anomalous surface geochemistry halos and chargeability anomaly mapped in 3D induced polarisation survey;

• Relatively thin oxidised zone overlying sulphide resource target;

• Independent preliminary metallurgical testing by Promet101 confirms La Negra sulphide ores appear highly amendable to separation through conventional sulphide flotation circuits.

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La Negra – Geochemical Signature
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La Negra
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RDN‐001 from 25.0 to 50.0 metres downhole: 25.0 metres Some of the intersections encountered at La Negra included : assaying 2.40% zinc, 0.71% lead, 0.23% copper and 20.3 g/t silver,

� HOLE‐001 25.0 metres assaying 2.40% Zn, 0.71% Pb, 0.23% Cu and 20.3 g/t Ag, 7.22% zinc, 1.32% lead 0.45% copper and 30.3 g/t silver; including higher grade intervals up to 2.0 metres wide grading 7.22% Zn, 1.32% Pb• 0.45% Cu and 30.3 g/t Ag;RDN‐002 from 0 to 40.0 metres downhole: 40.0 metres assaying

� HOLE‐002 40.0 metres assaying 2.94% Zn, 1.55% Pb and 20.2 g/t Ag, including higher intervals up to 5.0 metres wide grading 7.34% zinc, 5.67% Lead, grade intervals up to 5.0 metres wide grading 7.34% , 5.67% Lead, 0.23% copper and 0.23% copper and 78 g/t silver; 78 g/t silver; •

� HOLE‐005 from 51.0 to 87.0 metres downhole: 36.0 metres assaying 1.63% zinc, assaying 1.63% zinc, 1.47% lead, 12.0 g/t silver and 0.49 g/t gold; 1.47% lead, 12.0 g/t silver and 0.49 g/t gold;•

� HOLE‐010 from 18.0 to 54.0 metres downhole: 36.0 metres assaying 0.74% zinc, assaying 0.74% zinc, 0.61% lead, 0.11% copper, 7.0 g/t silver and 0.61% lead, 0.11% copper, 7.0 g/t silver and 0.15 g/t gold. Four samples of 15‐25 kg 0.15 g/t gold. each tested from HOLES‐001,2.

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La Negra
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Mineralised breccia outcrop – La Negra.

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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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Competent Person’s Statement
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• The information in this document that relates to Exploration Results is based on information compiled by Dr Paul Pearson, who is Fellow of The Australasian Institute of Mining and Metallurgy. Dr Pearson is a consultant to Red Gum Resources Limited (and was formerly the managing director).

• Dr Pearson 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 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’. Dr Pearson consents to the inclusion in this document of the matters based on his information in the form and context in which it appears and verifies that it is based on and fairly and accurately reflects in the form and context in which it appears, the information in any supporting documentation relating to Exploration Results, Mineral Resources and/or Ore Reserves.

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