TIVAN LIMITED — AGM Information 2010

Nov 9, 2010

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AGM PRESENTATION OUTLOOK FOR 2011

Paul Burton Executive Director and CEO

Forward-Looking Statements

This presentation has been prepared by TNG Ltd. This document contains background information about TNG Ltd current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of TNG Ltd shares in any jurisdiction.

This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction.

This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments.

To the fullest extent permitted by law, TNG Ltd, its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.

This presentation may include forward looking statements. Forward looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of TNG Ltd. Actual values, results or events may be materially different to those expressed or implied in this presentation.

Competent Person’s Statement

The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Paul Burton who is a Member of The Australasian Institute of Mining and Metallurgy and a Director of TNG Limited. Paul Burton has sufficient experience 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 of Exploration Results, Mineral Resources and Ore Reserves’. Paul Burton 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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HIGHLIGHTS:

30% Increase to Iron – Vanadium Resource 54% Increase in Zinc/Lead Resource New metallurgical processing technique developed: Joint Patent Application $1.4M Mineral Rights Sale New geophysical targets Discovery of Copper Mineralisation

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Maintained a multi-commodity project portfolio: Ferrous Non-Ferrous Precious Metals Joint Venture Partners sought Recent geothermal applications

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Mount Peake Project – Ferrous

Mount Peake Iron / Vanadium / Titanium Project :

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Key Points: Highly prospective 100%-owned tenement holding JORC indicated resource: 140Mt @ 0.3% V205, 9% Ti02, 35% Fe Exploration Target: 500 – 700Mt [1] (0.2% - 0.4% V205 and 25% - 35% Fe) Commercial grade concentrate produced by coarse crush and LIMS Concentrate upgrading: >1.2% V205, 18% Ti02, 55% Fe

¹ The potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resources.

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Mount Peake Project – Quality and Quantity

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NEW Hydro-metallurgical technique developed with consultants METS

Key Points: Acid leach and extraction : Exceptional recovery and grades Cheaper OPEX and CAPEX of standard techniques Allows Recovery of all 3 commodities : Iron/Vanadium/Titanium JOINT TNG/METS PATENT NEW scoping study underway at Snowdens

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…Nickel-Copper

Mount Peake Project – NEW COPPER DISCOVERY

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Complete new Scoping Study Secure Joint Venture Partner to develop Iron Vanadium project Advance Copper exploration Drill test Copper targets

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Manbarrum Project – Base Metals

Key Points:

1,500km[2] land holding 100% TNG Numerous base metal occurrences 44Mt combined inferred Resource (@ 2%-3% Combined Zn/Pb/Ag) Exploration Target: 80-100Mt[1] (1.8-2.2% Zn)

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Landandi
Zn-Pb-Ag
Prospect
Djibitgun
Zn-Ag
Sorby Hills Deposit
Pb-Zn
Deposit
Browns
Sandy Creek Zn-Pb-Ag
Prospect
Zn-Pb-Ag
Deposit
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1 The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resources.

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Mining Lease Application in progress Secure Joint Venture partner for project development

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Continue to focus on NT projects Progress Key projects towards production with JV partner Progress International Patent for Hydromet Advance Copper exploration New project acquisition

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THANK YOU