TASMAN RESOURCES LTD — Investor Presentation 2013

Apr 29, 2013

Vulcan IOCGU Discovery The Search Continues Greg Solomon Chairman 30 April 2013

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Tasman Project Locations

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Lake Torrens (1,803 km[2] ) IOCGU Lucas Hill (264 km[2] ) IOCGU Parkinson Dam (194 km[2] ) Epithermal Au, Ag, Zn/Pb Central Gawler (447 km[2] ) Au

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Lake Torrens Project Bouguer Gravity (+residual insert)

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EL 4322
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Vulcan IOCGU Discovery

• 1981 WMC: first hole – SHD 1; barren, off - structure

• 2009 Tasman reinvestigation:

• New gravity data

• Geophysical remodelling

• Tectonic data synthesis

• GA seismic reinterpreted

• 2009 Tasman drills VUD 1 at north – hits Vulcan IOCGU system

• 2010 Further gravity, modelling, 4 further holes (at north)

• 2011 Further 3 holes (north and east)

• 2011 (Oct) Tasman announces conditional Rio Tinto JV

• 2012 (Sept- Dec) 4 holes (5,200m) (at south)

• 2013 (March- Sept) ≈ 5 holes (6,800m) -Tasman managing

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Vulcan - Summary

• Large hematite-dominent IOCGU system (~ 12km[2] ) 30km north of Olympic Dam

• Hosted by granite, volcanics and metasediments(?)

• 12 holes drilled and assayed:

• Very thick & strong alteration, inc.100’s metres of hematite breccias; intense sericite and carbonate alteration

• Very thick, low grade IOCGU mineralisation (Cu, U, Au, Ag, Mo, REE)

• Narrower, high grades locally

• Mineralisation dated at 1590my by Re-Os (PACE 2020)

• Tasman – Rio Tinto JV – 4 holes Sept 2012 (5,200m)

• March 2013 – 6,800 m drilling programme commenced

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

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• 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 GRV and nearby IOCGU systems

• Program for Accelerating Exploration, funded by SA Government

MoS 2 (grey) in VUD 001

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Olympic Dam – Vulcan Zonation Comparison

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Vulcan IOCGU Project Residual Gravity Image showing drilling completed

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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 Mineralised Hematite Breccia

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VUD 8: Silica-Hematite Breccia

(+ bornite - chalcopyrite)

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Vulcan IOCGU Project Residual Gravity Image showing drilling completed

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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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VUD 11: Hematite matrix-rich breccias

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VUD 11: Breccia – alteration styles

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VUD 12: Mineralised hematite-rich breccia

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VUD 12: Mineralised hematite-rich breccia

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VUD 12: Mineralised hematite-carbonate breccia

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VUD 13: Sericite-hematite alteration

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VUD 13: Hematite dominant alteration

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Vulcan IOCGU Project Residual Gravity Image showing drilling completed

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Vulcan South - Long Section VUD 9 - 12

Basement Downhole Cu ppm - green Assay Legend: U3O8 ppm - orange

Pd ppb - blue Au ppb - brown

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Olympic Dam (Slide from BHPB Presentation 22[nd] February 2013)

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Vulcan Project Copper Distribution (maximum assays)

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Vulcan Project Gold Distribution (maximum assays)

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Vulcan Project Uranium Distribution (maximum assays)

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Vulcan Project: Time Line

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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 style of mineralisation and type of deposit under 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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