RED MOUNTAIN MINING LIMITED — Board/Management Information 2013

Jul 10, 2013

11 July 2013

ASX ANNOUNCEMENT

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RESIGNATION OF NON-EXECUTIVE DIRECTOR

Red Mountain Mining Limited (ASX: RMX) (“Red Mountain” or “the Company”) wishes to advise that following a strategic review of the Company’s activities and the need to conserve cash in these tough economic times, the Board has requested that the number of directors be reduced to three and the remaining directors take a 20% reduction in remuneration effective from 1 June 2013.

As part of the reduction of Company directors, Mr Keith Rowe, an initial founder since 2006 and Non-Executive Director of Red Mountain Mining has kindly tendered his resignation effective 10 July 2013.

Keith has played a major role in managing and acquiring assets for Red Mountain in different roles ranging from Managing Director, Executive Director and recently to Non-Executive Director.

Keith remains a large and committed shareholder to the future development of the Company’s main asset, the Batangas Gold project in the Philippines.

The Board of Red Mountain wishes Keith all the best in his future endeavours.

An Appendix 3Z “Director’s Final Interest Notice” for Mr Rowe will follow.

___________________________________________________________________________________________________________ For further information about Red Mountain please visit www.redmm.com.au or contact: Neil Warburton

Chairman (+61) 8 9226 5668

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About Red Mountain Mining Limited

Red Mountain Mining (ASX: RMX) is primarily a gold explorer and project acquisition company which listed on the ASX in September 2011. The Company’s strategy is to unlock the potential of ‘underdeveloped’ gold and polymetallic projects in the greater Asian region by introducing Australian mining methods and improving efficiencies to gain significant production and exploration upside.

The Company holds direct and indirect interests in tenements in the Philippines that contain significant gold resources and several high-quality copper-gold prospects.

Total Mineral Resources at Batangas at a 0.85 g/t Au lower cut off include Indicated Resources of 2.76 million tonnes @ 2.3 g/t Au, 208,000 oz Au and Inferred Resources of 3.02 million tonnes @ 2.1 g/t Au, 200,000 oz Au for a total of 5.78 million tonnes at 2.2 g/t Au, 408,000oz Au (announced January 30[th] 2013, 2004 JORC). The company is focussed on upgrading the Batangas resources through discovery of new, high grade, gold zones at Archangel, and Lobo (eg West Drift, Pica, Ulupong). The company will continue drilling with the objective of increasing the size and grade of the Mineral Resources at Batangas

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ASX code: RMX COMPANY DIRECTORS ABN 40 119568106 Neil Warburton Non-Executive Chairman Jon Dugdale Managing Director

CONTACT DETAILS RED MOUNTAIN MINING LTD Head Office Unit 1, 2 Richardson Street West Perth Western Australia 6005 www.redmm.com.au info@redmm.com.au

Michael Wolley Non-Executive Director Shannon Coates Company Secretary

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then completing a scoping study to demonstrate the viability of a potential high-margin gold project development.

Other gold opportunities will be reviewed on a continuous basis.

Competent Person Statement

The information in this report relating to Exploration Results and Mineral Resources is based on information compiled by Mr Jon Dugdale who is a Fellow of the Australasian Institute of Mining and Metallurgy and has sufficient exploration experience which is relevant to the various styles of mineralisation under consideration 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’. Mr Dugdale is a full time employee and Managing Director of Red Mountain Mining Ltd. Mr Dugdale consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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ASX code: RMX ABN 40 119568106

COMPANY DIRECTORS Neil Warburton Non-Executive Chairman Jon Dugdale Managing Director

CONTACT DETAILS RED MOUNTAIN MINING LTD Head Office Unit 1, 2 Richardson Street West Perth Western Australia 6005 www.redmm.com.au info@redmm.com.au

Michael Wolley Non-Executive Director Shannon Coates Company Secretary