PRODIGY GOLD NL — Investor Presentation 2012

Jun 19, 2012

ASX ANNOUNCEMENT / MEDIA RELEASE ASX:ABU

20 June 2012

Earth's Resources Conference Presentation

The attached presentation will be delivered by Managing Director Darren Holden at the Standard Chartered's second annual Earth's Resources Conference in Hong Kong on Wednesday 20th of June 2012 at 4:00pm.

About ABM Resources

ABM Resources is an exploration company developing several gold discoveries in the Tanami-Arunta region of the Northern Territory of Australia. The Company has a multi-tiered approach to exploration and development with a combination of high grade potentially short-term production scenarios such as Old Pirate, large scale discoveries such as Buccaneer, and regional exploration discoveries such as the Kroda Gold Project. In addition, ABM Resources is committed to regional exploration programs throughout its extensive holdings.

ABM Resources is well capitalised to achieve its milestones in 2012 and into 2013 with over $26M in cash (as of quarterly report dated 31st March 2012).

Signed

Jutta Zimmermann Company Secretary

For Further Information Please Contact

Jutta Zimmermann Darren Holden Berdine Mastaglia +61 8 9423 9777 +61 8 9423 9777 +61 8 9423 9777

CFO / Company Secretary Managing Director Investor Relations Manager

ABM Resources: 3.3 million ounces of gold discovered in 2 years of exploration

Darren Holden – Managing Director June 2012

ASX:ABU Discovery, Development, Growth and Optionality

Corporate Snapshot

2 Year Share Price History

ABM's Significant Landholding

Project Summary

• Australian focussed gold exploration company boasting resources in excess of 3.3 million1 ounces of gold
• Old Pirate is a robust low CAPEX project capable of generating significant free cash flow
• Buccaneer Porphyry Gold deposit has grown to 2.67 million ounces gold with further resource growth expected
• Extensive portfolio of exploration licences covering +33,000km2 containing a multitude of highly prospective exploration targets

OLD PIRATE HIGH GRADE PROJECT

• Gold distributed throughout a series of quartz veins up to several metres wide
• 427,000 ounce resource at 7.95g/t (top-cut)
• 565,000 ounce resource at 10.5g/t (uncut)
• 3 to 5 km of quartz vein horizons yet to be tested
• Scoping Study completed May 2012 reflecting a $257m profit over 2 year operation

BUCCANEER PORPHYRY GOLD DISCOVERY

• Gold porphyry ore body
• 2.67 million ounce resource at 0.65g/t (0.2g/t cut-off)
• 1.57 million ounce resource at 1.1g/t (0.6g/t cut-off)
• Significant exploration potential at depth and along strike with higher grade zones
• Re-optimisation of resource model focusing on higher grade in 2012

REGIONAL EXPLORATION PORTFOLIO

• Highly prospective exploration licenses covering +33,000km2 across the most under explored gold belt in Australia
• 60+ Au and Au-Cu prospects providing multiple exploration targets
• Advanced exploration targets include
  • Hyperion 202,200 oz Au resource
  • Kroda pre-resource
  • Tulsa major anomaly
  • Reynolds Range / Lake Mackay – regional exploration

TWIN BONANZA GOLD PROJECT

1. Refer to Appendices for Resource Tables, and Competent Person statements

Old Pirate – High Grade Resource

• Gold first discovered by North Flinders Mines / Newmont and acquired by ABM in March 2010.
• Multiple high grade / coarse gold bearing quartz veins in folded shale horizons.
• Robust geological and statistical model developed by ABM overcomes high coarse gold nugget effect.
• Mineralised structure extends from surface over an area of 600m x 250m and to a depth of >200m and is open in all directions.
• Longitudinal trenching highlights a combined (to date with work ongoing) 963m strike length averaging 24.44g/t gold.
• A total of 193 holes for 17700m have been drilled delivering the current resource of 427,400 ounces Au*. A further 15000m planned for 2012.
• Metallurgical test-work indicates 85% recovery from gravity and 99.5% gravity+CIL

300g/t Top-Cut	Tonnes	Gold (g/t)	Ounces
Indicated	347,000	5.25	58,500
Inferred	1,327,000	8.65	368,900
Total *	1,673,000	7.95	427,400
No Top-Cut#	Tonnes	Gold (g/t)	Ounces
Indicated	347,000	5.31	59,200
Inferred	1,327,000	11.86	505,800

Old Pirate JORC Resource (Maiden Resource April 2012)

# Resource is significantly impacted by the high grade cut suggesting Old Pirate may mine at significantly higher grade

Old Pirate – Stage 1 Scoping Study

Scoping Study highlights Old Pirate's robust economics and its significant free cash flow generation potential

• Scoping Study completed by Entech Pty Ltd Mining Consultants in May 2012
• Based only on open pit Indicated and Inferred Resource estimates to a depth of 100m
• Significant expansion potential at depth, along strike and in repeat veins identified by surface sampling and not currently in resource

Scoping Study Summary *

832,000 tonnes @ 11.5g/t Au extracted from open pit

261,000 ounces Au recovered over 2 years (85% recovery rate gravity only)

Average head grade of 11.5g/t Au

Stand-alone gravity plant (no chemical processing)

$27.1M capital expenditure

~A$383 per ounce cash costs

~A$511 per ounce total costs

Strip ratio 1:13

$257M positive cash flow over 2 years after all expenses, royalties and capex

$228M NPV applying 9.8% discount rate

* Scoping study based on A$1,600 per ounce Au price

Old Pirate – Pit Design oblique view

Old Pirate – Options to Development?

Old Pirate – Growth Potential

• Significant exploration potential remains in repeat quartz vein structures identified by ABM
• Only <25% of gold bearing veins included in the resource model so far
• The 2012 exploration program has been designed to assess this potential
  • 2,000m – 3,000m of extensional surface sampling program targeting prospective vein horizons
  • +15,000m of extensional drilling

Old Pirate: Potential Repeating Veins

Old Pirate – Growth Potential

• New "East Side" Vein recently discovered at surface; outside current resource
• "East Side" vein will likely be encompassed in a widened pit design also enabling more of existing Old Pirate resource to be included in the pit
• Strike length 185 metres averaging 30.96g/t gold including:
  • Strike length 32 metres averaging 101g/t gold
• 330m+ further cumulative strike length East Side vein pending assay

"East Side Vein" results received to-date

Buccaneer Gold Porphyry

• The first large scale intrusive related gold deposit discovered in the Tanami-Arunta Region
• Located 2km from Old Pirate
• Has the scale potential to suggest low-strip ratio / bulk tonnage mining operation
• Targeting initial Scoping Study in late 2012 / 2013

Significant Drill Results

• 221m @ 0.95g/t gold including
  • 172m @ 1.11g/t gold including
    • 81m @ 2.03 g/t gold
• 435m @ 0.69g/t gold including
  • 203m @ 1.07g/t gold
  • 41m @ 3.54g/t gold
  • 6m @ 19.84g/t gold
• 341m @ 0.69g/t gold including
  • 93m @ 0.70g/t gold, and
  • 127m @ 1.18g/t gold including
    • 67m @ 2.07g/t gold

Buccaneer Porphyry Deposit Map View

Buccaneer Gold Porphyry – Growth Potential

• Edges of the system yet to be defined
• Further structural studies planned to redefine continuity of higher grade to >1.5g/t Au
• Visible free gold observed regularly through mineralised sections
• Further infill and extensional drilling along the Caribbean Cypress Zone aiming to extend >1.5km of structure not yet tested
• Further extensional drilling at Eastern Contact and Empress Zones

Buccaneer Resource (0.2g/t and 0.6g/t cut off)

0.2g/t cut off	Tonnes (m)	Gold (g/t)	Ounces (m)
Indicated	34	0.64	0.702
Inferred	93.9	0.65	1.97
Total	127.9	0.65	2.672
0.6g/t cut-off	Tonnes (m)	Gold (g/t)	Ounces (m)
Indicated	12.3	1.04	0.412
Inferred	31.8	1.13	1.154
Total	44.1	1.1	1.566

Regional Projects - Overview

A multitude of advanced and high priority exploration targets throughout the Central Desert, NT

Regional Projects - Hyperion

• 18km from Tanami Gold's Groundrush Deposit
• Deposit extends from near surface to ~200m depth
• Hyperion Central has confirmed mineralisation over a 600m strike length
• Hyperion South has confirmed mineralisation over a 250m strike length
• Drill results include
  • 35m @ 5.43g/t gold including
    • 10m @ 17.27g/t gold
• Several extensions and other targets to be tested in 2012

Hyperion Resource utilising 50g/t top-cut
0.8g/t cut off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	2,209,000	2.06	146,600
Hyperion South	768,000	2.25	55,500
Total	2,977,000	2.11	202,200
2g/t cut-off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	875,000	3.17	89,100
Hyperion South	272,000	4.08	35,700

Regional Projects - Kroda

• Gold + base metal potential
• 14 km of near surface anomalism
• 18km from Stuart Highway + Rail + Gas
• Multiple Targets

Kroda 3 Discovery

• 400m strike main trend at Kroda 3.
• 125m strike high grade breccia pipe 25 40m in width
• Confirmed to 200m+ depth.

Significant Drill Results

• 57m @ 3.83g/t gold including
  • 29m @ 6.38g/t gold, including
    • 12m @ 15.69g/t gold
• 91m @ 1.44g/t gold including
  • 33m @ 3.22g/t gold including
    • 24m @ 4.28g/t gold

Summary

The Company

• Strong management team and passionate exploration team
• Strong cash position
• Exceptional track record of identifying and proving up resources

The Assets

• Five new discoveries and 3.3Moz in resources defined in 2 years of operations
• ~60 regional targets
• Largest junior gold land holding in Australia across the most underexplored gold belt in the Country
• Discount on an EV / Resource Ounce basis presents a compelling opportunity for investors

The Future

• Initial budget of $12+ million for the 2012 field season
• Aggressive exploration approach with ~3,000m of surface sampling and ~50,000m of drilling ensures a constant stream of drill results and resource updates throughout 2012
• Mining studies at Old Pirate with updated scoping study / resource Q3/Q4, 2012
• Potential near term production and cash flow at Old Pirate and long term large scale project at Buccaneer
• Exploration running simultaneously at multiple locations building resources at Old Pirate, Buccaneer and Hyperion and drilling high priority exploration targets

ABM has delivered on all key milestones and provides investors compelling upside and optionality

For Further Information Contact ABM Resources NL

Managing Director – Darren Holden CFO / Company Secretary – Jutta Zimmermann Investors Relations Coordinator – Berdine Mastaglia

www.abmresources.com.au admin@abmresources.com.au Tel +61 8 9423 9777

DISCLAIMER

• This presentation has been prepared by ABM Resources NL ("ABM" or the "Company"). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.
• This presentation contains forecasts and forward looking information. Such forecasts and information are not a guarantee of future performance, involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from those expressed or implied. ABM has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by applicable laws, ABM makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, and take no responsibility and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, any information, statement or opinion contained in this presentation.
• You should not act or refrain from acting in reliance on this presentation material. This overview of ABM does not purport to be all inclusive or contain all information which its recipients may require in order to make an informed assessment of the Company's prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation and making any investment decision.

TECHNICAL STATEMENT / COMPETENT PERSONS STATEMENT

• The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Darren Holden who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Holden is a full time employee of ABM Resources NL and 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 Exploration Results, Mineral Resources and Ore Reserves". Mr Holden consents to the inclusion in the documents of the matters based on this information in the form and context in which it appears.
• Refer to previous Company Press-Releases for full resource estimation details, drill hole details, and intercept calculations. A full list is provided in Appendix C.

Board of Directors

Dr Mike Etheridge Non-Executive Chairman

Mr Darren Holden

Managing Director

Mr Imants Kins

Non-Executive Director

Graeme Sloan

Non-Executive Director

Company Officer

Jutta Zimmermann

Chief Financial Officer & Company Secretary

Dr Etheridge is a geologist with over 35 years' experience in exploration, mining, consulting and research. Until 2004 he was Chairman of the consulting firm SRK Consulting (Australia), having co-founded its predecessor, Etheridge Henley Williams in 1990. Dr Etheridge is a former board member on Consolidated Minerals and Lihir Gold. Dr Etheridge is an Adjunct Professor at Macquarie University where he has led an industry collaborative resource project on risk and value in mineral exploration.

Mr Holden is a geologist with over 18 years experience in mining and exploration. Mr Holden has previously held the role of Senior Consultant at Fractal Geoscience and was involved in modelling and targeting on a wide range of deposit styles. Mr Holden was a leading member of the team that won the GoldCorp Challenge in 2001. Prior to ABM, Mr Holden was Vice President Exploration for a Vancouver based junior and oversaw the definition of several deposits including a multi-million ounce gold porphyry in Alaska.

Mr Kins is an Economist with over 25 years experience specialising in the resource sector. He has a Bachelor of Economics from the University of WA and a Master of Arts (Futures studies) degree from the Curtin University of Technology. Since 1987 Mr Kins has mainly worked as a consultant to the resource sector undertaking projects with exploration and mining companies, investors and brokers.

Mr Sloan is a Mining Engineer with extensive corporate and operational experience both within Australia and overseas and is currently a Non-Executive Director of Orion Gold NL. He has held senior roles with several ASX listed companies, including Managing Director/CEO of Tanami Gold NL, and has been responsible for the successful development, implementation and commissioning of various projects over a range of different commodity types. Mr Sloan is currently the CEO of Herencia Resources PLC.

Ms Zimmermann has over twenty years experience in accounting, taxation and management in both Australia and Germany. She is an accountant with an Australian AQF diploma level and a equivalent Australian bachelor degree level from the Furtwangen Polytechnic in Information Technology and is a member of Chartered Secretaries Australia. Ms Zimmermann holds the position of Chief Financial Officer with the company and was appointed Company Secretary on 17 April 2007.

Appendix B – Resource Statement

Old Pirate Resource Estimation without utilising a top-cut.			Old Pirate Resource Estimation with utilising 300g/t top-cut.
All Vein Models	Tonnes	Gold (g/t)	Ounces	All Vein Models	Tonnes	Gold (g/t)	Ounces
Indicated	347,000	5.31	59,200	Indicated	347,000	5.25	58,500
Inferred	1,327,000	11.86	505,800	Inferred	1,327,000	8.65	368,900
Total	1,673,000	10.50	565,000	Total	1,673,000	7.95	427,400
High Grade Vein	Tonnes	Gold (g/t)	Ounces	High Grade Vein	Tonnes	Gold (g/t)	Ounces
Models Only				Models Only
Indicated	132,000	7.74	32,800	Indicated	132,000	7.62	32,200
Inferred	354,000	22.64	257,600	Inferred	354,000	17.52	199,400
Total	486,000	18.60	290,400	Total	486,000	14.84	231,600

Hyperion Gold Project Resource Estimation without top-cut.			Hyperion Gold Project Resource Estimation with 50g/t top-cut.
0.8g/t cut off	Tonnes	Gold (g/t)	Ounces	0.8g/t cut off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	2,209,000	2.14	152,100	Hyperion Central	2,209,000	2.06	146,600
Hyperion South	768,000	2.71	66,800	Hyperion South	768,000	2.25	55,500
Total	2,977,000	2.29	219,000	Total	2,977,000	2.11	202,200
2g/t cut-off	Tonnes	Gold (g/t)	Ounces	2g/t cut-off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	875,000	3.36	94,400	Hyperion Central	875,000	3.17	89,100
Hyperion South	272,000	5.37	47,000	Hyperion South	272,000	4.08	35,700
Total	1,147,000	3.83	141,400	Total	1,147,000	3.38	124,800

*Note - totals may vary due to rounding. Refer press release 16th April, 2012 for full details.

Appendix B – Resource Statement

Buccaneer Porphyry Gold Deposit Resource Update at varying cut-offs.
0.2g/t cut off	MillionGold (g/t)		Million Ounces
	Tonnes
Indicated	34.0	0.64	0.702
Inferred	93.9	0.65	1.970
Total	127.9	0.65	2.672
0.4g/t cut-off	Million Tonnes	Gold (g/t)	Million Ounces
Indicated	24.2	0.77	0.600
Inferred	64.1	0.80	1.657
Total	88.3	0.80	2.257
0.6g/t cut-off	Million Tonnes	Gold (g/t)	Million Ounces
Indicated	12.3	1.04	0.412
Inferred	31.8	1.13	1.154
Total	44.1	1.10	1.566

Appendix C – List of ASX Announcements

List of ASX announcements relating to technical results in this presentation.

Please refer for intercept calculation method, resource estimation, assay results and sampling techniques etc.

15/06/2012	New High Grade Vein Uncovered at Old Pirate	24/10/2011Further Buccaneer Drill Results
14/06/2012	High Grade Gold Drill Results Extend Buccaneer	13/10/2011Old Pirate Trenching Combined Strike Length 166m@19.17g/t Au
15/05/2012	Old Pirate Stage 1 Scoping Study Results	11/10/2011Buccaneer Extension 26m @ 2.9g/t within 18m @ 4.05g/t Gold
03/05/2012	2012 Exploration Season Underway	27/09/2011Drilling at Kroda Confirms Second Discovery Camp in the NT
16/04/2012	3.3 Million Ounces Goldin Resources	12/09/2011New Discovery at Cypress Prospect with 26m @ 5.53g/t Gold
12/03/2012	Hyperion Drill Results show wide mineralised zones	07/09/2011Old Pirate Northern Extensions Further High Grade Results
07/03/2012	Latest Results Extend Eastern Contact Zone	02/09/2011Broadcast -ABM Gold Assays over 400 Grams per Tonne
28/02/2012	Hyperion Best Ever Intercept 35m @ 5.43 g/t Gold	31/08/2011Old Pirate Northern Extensions High Grade Drill Results
08/02/2012	Old Pirate Trenching Extendsto 726 metres @ 24.01g/t Gold	24/08/2011Drilling Commences at Lake Mackay Copper-Gold Targets
20/01/2012	ABM and Tanami Gold enter Memorandum of Understanding	17/08/2011Caribbean Zone and Buccaneer Deposit Significantly Extended
20/01/2012	TAM: Tanami Gold NL and ABM enter MOU	10/08/2011Updated Investor Presentation
19/01/2012	Impressive Drill Results from Buccaneer Porphyry	09/08/2011Broadcast Spectacular Gold at Old Pirate Northern Extensions
18/01/2012	Cypress Zone Drill Results 8m@7.43g/t Au within 87m@1.13g/t	08/08/2011Spectacular Gold at Old Pirate Northern Extensions
5/01/2012	Old Pirate Trenching Update -582m strike @ 23.98g/t Gold	01/08/2011Further Extensional Buccaneer Drill Results
23/12/2011	BRR -ABM extends high grade trenching results at Old Pirate	18/07/2011Further Extensions at Buccaneer and New Porphyry Discovery
22/12/2011	Old Pirate Trenching Extends to 427m Strike @ 21.85g/t Gold	04/07/2011New Sedimentary Hosted Oxide Gold Discovery at Twin Bonanza
5/12/2011	Technical and Corporate Update Presentation	20/06/2011Drilling Commences at the Kroda Gold Project
30/11/2011	Broadcast -MD talks Gold from the Old Pirate	17/06/2011Broadcast -ABM hits New Gold Zone and Extends Mineralisation
29/11/2011	High Grade Old PiratePhase 2a Trench Results	16/06/2011Further Success at Buccaneer -Discovery at Caribbean Zone
28/11/2011	Twin BonanzaDrill Results Extending Caribbean to Cypress	09/06/2011First 2011 Drilling Extends Buccaneer
24/11/2011	Historic Access Agreement Signed for Lake Mackay Regional	10/05/2011Updated Investor Presentation
24/11/2011	Lake Mackay Phase 1 Drill Results	09/05/2011Exploration Update Twin Bonanza Program Ahead of Schedule
09/11/2011	Drilling Commences at Hyperion	27/04/2011Extensional Drilling Underway at Buccaneer Western Zone

Appendix C – List of ASX Announcements

List of ASX announcements relating to technical results in this presentation. Please refer for intercept calculation method, resource estimation, assay results and sampling techniques etc.

04/04/2011 Metallurgical Tests Reveal High Quality Ore - 99.5% Recovery 22/03/2011 Presentation - Twin Bonanza and 1.67 Moz Buccaneer Deposit 21/02/2011 Presentation - 1.67 Moz Gold - And We`ve Only Just Begun 21/02/2011 Maiden Resource Estimation for Buccaneer 03/02/2011 Twin Bonanza Gold Camp Expands to 30 Targets 31/01/2011 New Targets at Twin Bonanza Gold Camp 13/01/2011 Buccaneer Porphyry Delivers Impressive Results 11/01/2011 Drill Results from the Hyperion Gold Project 13/12/2010 Buccaneer Continues To Grow With Step Out Drilling 15/11/2010 2010 Old Pirate Drilling and Screen Fire Assay Program 04/11/2010 ABM adds second drill rig to NT exploration programs 18/10/2010 Step Out Drilling at Buccaneer Delivers Excellent Intercepts 22/09/2010 ABM Continues to Expand Buccaneer Gold Porphyry 13/09/2010 Best Intersection at Buccaneer - 202m grading 1g/t Gold 31/08/2010 Update Old Pirate High Grade Gold Prospect at Twin Bonanza 19/08/2010 Buccaneer Porphyry Gold Drill Results Double Vertical Extent

27/07/2010Bonanza Grades at Old Pirate -5 metres at 274 g/t Gold
12/07/2010Drill Results -35m at 6.35g/t Au inc 8m at 21.78g/t Au
07/07/2010Exploration Update -Visible Gold at Old Pirate South
15/06/2010Exploration Update from Twin Bonanza
24/05/2010First Drill Results -High Grade Intercept Extends Sabre
13/05/2010Samples Return 20.3% Copper and 271 g/t Silver
27/04/2010ABM Resources Announces the Commencement of Drilling
16/04/2010Presentation -The Big 8
31/03/2010Newmont Transaction Complete -Prioritising 8 Discoveries
16/03/2010Kroda Gold Project -6 Metres at 25.9g/t Gold
09/03/2010Hyperion Gold Project with 60 m at 2.57 g/t Gold
02/02/2010The Old Pirate High Grade Gold Project
01/02/2010Detail on the Twin Bonanza Porphyry Gold Project
28/01/2010Acquisition of Advanced Gold Prospects from Newmont
18/01/2010Exploration Update for Reynolds Range Project Area
07/01/2010ABM Provides Exploration Update for Lake Mackay Project