TASMAN RESOURCES LTD — Investor Presentation 2011

May 1, 2011

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The Vulcan Project The Product of Perseverance SAREIC May 2011 Greg Solomon/ Rob Smith

Tasman Group Corporate Overview

Tasman Resources Ltd (TAS)

Minerals Cu, Au, U, Ag, Pb, Zn.

Eden Energy Ltd (EDE) Pyrolysis Hydrogen-Hythane Dual fuel Gas (UK)

Fission Energy Ltd (FIS) 50% Mt Thirsty Co-Ni 100% Uranium – SA, WA

Lake Torrens Project Summary

• > 2,000 km[2] of tenements adjacent to Olympic Dam

• Six IOCGU targets within ~ 35 km of Olympic Dam

• Vulcan - new IOCGU system discovered Nov 2009

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

• 30 km north of Olympic Dam; priority tectonic address

• IOCGU min./alt. (all 8 holes) - Cu, Au, Ag, U, Mo (+ REE)

• 57 m of strong chalcopyrite/pyrite mineralisation in VUD 3

• +150m “classic” min. hematite-rich breccias in VUD 7

• Classic zonation (bornite/chalcopyrite/pyrite) in VUD 8

Vulcan Project: Showing Tectonic Lineaments (WMC, 1975)

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Tasman IOCGU Targets

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Lake Torrens Project: Perseverance

1976 – 1981 WMC Geophysics, Drilling

1996 – Phelps Dodge

- Drilling

2003 – 2009 Tasman (Titan, Marathon South, Atlas, other prospects), including:

- Gravity

- Magnetics

- Electrical

- Drilling

2009 – 2011 Tasman (Vulcan)

- Gravity

- Drilling

Vulcan IOCGU Project

Residual Gravity Image showing Tasman Drilling

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

2km 2km

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Vulcan VUD 001

Heterolithic, sulphiderich breccia

Mineralised, hematite matrixrich breccia (py, cpy)

Heterolithic, carbonate breccia (py, cpy, hem)

Vulcan: VUD 3 Massive Sulphides - 930.2 - 930.9m

py

cpy

Vulcan VUD 003: Cu - Au - U3O8 Mineralisation

Core from interval: 0.34m at 5.9% Cu, 2.23g/t Au

Core from interval: 0.75m at 4.4% Cu, 1.34g/t Au, 0.58kg/t U3O8

Vulcan VUD 3

	**• **	245m Alteration and Mineralisation, includes: From To m Cu (%)Au (g/t) U ~~3~~ O ~~8~~ (kg/t) 874.20 930.8556.65 0.59 0.17 0.05 includes: 5 85 2 23 895.08 895.420.34 . . 0.03 and 912.00 919.807.80 1.21 0.35 0.14 includes: 919.05 919.800.75 4.44 1.340.58 and 930.20 930.850.65 7.80 2.41 0.03

Vulcan VUD 003

Down-hole correlation of IOCGU metals

Cover Sediments Cover Sediments Basement Basement Au Cu U O Cu 3 8

Vulcan IOCGU Project

Residual Gravity Image showing Tasman Drilling

Vulcan VUD 7: +150m of Hematite Breccia

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Vulcan VUD 7

• 150m+ Alteration and Mineralisation, includes:

From To m Cu (%) Au (g/t) U ~~3~~ O ~~8~~ (kg/t) Mo (%) 1065 1228 163 0.23 0.08 0.04 0.01

Includes: 1118 1208 90 0.25 0.09 0.05 0.02

Olympic Dam – Vulcan Zonation Comparison

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Vulcan IOCGU Project

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Residual Gravity Image showing Tasman Drilling
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Vulcan Prospect: Comparisons

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Large Systems: Perseverance Required

Olympic Dam Resource Outline (MESA Journal 2001)

Initial Drilling at Olympic Dam (9 holes, 1976)

Vulcan IOCGU Project: Future Program

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•
Select new drill targets
•
Resolve access issues and test highest priority
parts of Vulcan IOCGU system
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Corporate Structure - April 2011

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•
Current Rights Issue
•
Eden Energy Shareholding
-
35m shares - $3.8m
•
Fission Energy Shareholding
-
25m shares - $1.75m
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Disclaimer

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i h t b e ta k en on t h e b as s i o f i i or
m g nterpretat ons
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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Competent Person’s Statement

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to the style of mineralisation and type of deposit under
consideration and to the activity which they are undertaking to
qualify as 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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Contact Details

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Level 40, Exchange Plaza,
2 The Esplanade,Perth. Western Australia
Telephone: +61 8 9282 5889
Website: tasmanresources.com.au
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