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TASMAN RESOURCES LTD AGM Information 2012

Nov 28, 2012

65896_rns_2012-11-28_ecf8fe6c-52a8-42c8-9e5c-83733ec3aaf9.pdf

AGM Information

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2012 Annual General Meeting Presentation Greg Solomon Chairman 29 November 2012

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Tasman Project Locations

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Lake Torrens (1803 km[2] ) IOCGU

Lucas Hill (264 km[2] ) IOCGU Parkinson Dam (194 km[2] ) Au, Ag, Zn, Pb Central Gawler (447 km[2] ) Au

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Lake Torrens Project Showing Tectonic Lineaments (WMC, 1975) EL 4322

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Lake Torrens Project Bouguer Gravity (+residual insert)

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EL 4322
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Vulcan IOCGU Discovery

  • Similar target area to OD > 12 km[2]

  • IOCGU min./alt. (all 11 holes) - Cu, Au, Ag, U, Mo (+ REE)

  • 57 m of strong chalcopyrite/pyrite - VUD 3

  • +160m “classic” min. hematite-rich breccias - VUD 7

  • Classic zoning (bornite/chalcopyrite/pyrite) - VUD 8

  • Re – Os dating of MoS2 confirms age at 1590 Ma (equivalent to other IOCGU deposits)

  • VUD 9,10 and 11 all confirm the huge IOCGU system

  • 8165m still to drill in 12,000m programme (21 Nov 2012)

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Olympic Dam - Vulcan: Residual Gravity Comparison (calculated residual gravity response if Vulcan at same depth as OD)

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Olympic Dam Vulcan

Vulcan IOCGU Project Residual Gravity Image showing Tasman Drilling

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metres
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VUD 3: High Grade Cu - Au - U3O8

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0.34m at 5.9% Cu, 2.23g/t Au
0.75m at 4.4% Cu, 1.34g/t Au,
0.58kg/t U3O8
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VUD 7: +160m of Hematite Breccia

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VUD 8: Silica-Hematite Breccia

(+ bornite - chalcopyrite)

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VUD 9: 242m thick hematite breccia

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VUD 9: complex, multiphase breccias

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VUD 10: intense sericite-carbonate alteration

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Olympic Dam – Vulcan Zonation Comparison

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Vulcan Geochronology Re[187] - Os[187] in MoS2 (PACE* 2020)

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MoS 2 (grey) in VUD 001

  • MoS 2 (molybdenite)

  • widespread at Vulcan - ideal for direct dating of mineralisation

  • -

  • 4 samples from 3 holes average age 1590 Ma

  • 1590 Ma consistent with age of Olympic Dam, Prominent Hill and Carrapateena

  • Program for Accelerating Exploration, funded by SA Government

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Rio Tinto Exploration (RTX) Farm-in/JVA (Unconditional)

  • EL 4322 only

  • Aboriginal heritage clearance obtained August 2012

  • Farm-in/JVA Unconditional

  • $10m paid by RTX to Tasman

  • Tasman to drill 12,000m (est. $5m) in 12 months

  • RTX to pay TAS $7m and spend $25m on exploration for 55%

  • If TAS dilutes, RTX may spend $50m for further 25% (ie 80%)

  • TAS may then contribute or require RTX to buy TAS share (20%)

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Vulcan Project: Time Line

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Vulcan Project: Comparisons

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Corporate Structure – 27 November 2012

  • Issued Shares (TAS) - 225.8m

  • Employee Options – 2.9m ( $0.125- 0.15)

  • Market Cap. - $28.125m (26 November 2012)

  • Current Share Price $0.125

  • 52 Week Share Price Range $0.049 - 0.21

  • Cash $6.2m - No Debt

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Competent Person’s Statement

The information in this presentation that relates to Exploration Results and Activities is based on information compiled by Robert Smith and Michael Glasson who are Members of the Australian Institute of Geoscientists.

Robert Smith and Michael Glasson are full-time employees of the Company. Robert Smith and Michael Glasson have sufficient experience which is relevant to the st le of mineralisation and t e of de osit under y yp p consideration and to the which are to as activity they undertaking qualify Competent Persons as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”.

Robert Smith and Michael Glasson consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.

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Disclaimer

The interpretations and conclusions reached in this presentation are based on current geological theory and the best evidence available to the authors at the time of writing. It is the nature of all scientific conclusions that they are founded on an assessment of probabilities and, however high these probabilities might be, they make no claim for complete certainty.

Any economic decisions that might be taken on the basis of interpretations or conclusions contained in this report will therefore carry an element of risk.

It should not be assumed that the reported Exploration Results will result, with further exploration, in the definition of a Mineral Resource.

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Contact Details

Tasman Resources Ltd (ASX:TAS) Level 15, 197 St Georges Terrace, Perth, Western Australia. 6000

www.tasmanresources.com.au Tel. +61 8 9282 5889 Fax +61 8 9282 5866 Email: [email protected]

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