VOLT RESOURCES LIMITED — Regulatory Filings 2016

Mar 28, 2016

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“Jumbo Flake Graphite for the High Tech Market”

Investor Presentation March 2016

Shareholder approval received for the change of name on 29 March 2016 at General Meeting from Mozambi Resources Limited to Volt Resources Limited . Statutory formalisaton pertaining to the change of name remains pending.

1

Volt Resources – Objective

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Volt Resources is targeting to become a preferred supplier of high quality large flake graphite to the emerging high technology industry

The above objective is supported by Volt:

1. Increasing and optimising our current 179Mt @ 5.1% TGC JORC Resource containing high quality Jumbo and Super Jumbo graphite in Tanzania;

2. Utilising unique skills and experience of board members, stakeholders, customers and partners to develop innovative and competitive project development solutions;

3. Targeting highest margin (i.e. revenue to cost ratio) operations amongst our peers.

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2

Corporate Overview

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Board Substantial Shareholders Capital Structure Shares on Issue 843,275,801 Options and Rights 316,854,381 Share Price(24 March 2016) A$0.033 52 week high / low 0.056 / 0.011 Market Capitalisation (A$M) A$27.8 Cash(31 March 2016) ~ $4.5 million Stephen Hunt Executive Chairman Marketing specialist, previously Non-Executive Director of Magnis Resources Alwyn Vorster Non Executive Director (Effective 1/4/16) Mining industry professional; technical, commercial and CEO roles; transactional experience Alan Armstrong Non Executive Director Accounting & finance specialist, Chartered Accountant with project finance experience Matt Bull Non-Executive Director Chief Geologist, experience with several ASX listed companies, including graphite in Tanzania Kabunga Holdings (vendor) 14.5% *Assumes the issue of the milestone consideration shares, as described in the Notice of Meeting and the finalisation of the previously announced capital raising.	Board Substantial Shareholders Capital Structure Shares on Issue 843,275,801 Options and Rights 316,854,381 Share Price(24 March 2016) A$0.033 52 week high / low 0.056 / 0.011 Market Capitalisation (A$M) A$27.8 Cash(31 March 2016) ~ $4.5 million Stephen Hunt Executive Chairman Marketing specialist, previously Non-Executive Director of Magnis Resources Alwyn Vorster Non Executive Director (Effective 1/4/16) Mining industry professional; technical, commercial and CEO roles; transactional experience Alan Armstrong Non Executive Director Accounting & finance specialist, Chartered Accountant with project finance experience Matt Bull Non-Executive Director Chief Geologist, experience with several ASX listed companies, including graphite in Tanzania Kabunga Holdings (vendor) 14.5% *Assumes the issue of the milestone consideration shares, as described in the Notice of Meeting and the finalisation of the previously announced capital raising.	Substantial Shareholders Kabunga Holdings (vendor) 14.5% _Assumes the issue of the milestone consideration shares, as described in_ the Notice of Meeting and the finalisation of the previously announced capital raising.
	Board
	Stephen Hunt Executive Chairman Marketing specialist, previously Non-Executive Director of Magnis Resources
	Alwyn Vorster Non Executive Director (Effective 1/4/16) Mining industry professional; technical, commercial and CEO roles; transactional experience
	Alan Armstrong Non Executive Director Accounting & finance specialist, Chartered Accountant with project finance experience
	Matt Bull Non-Executive Director Chief Geologist, experience with several ASX listed companies, including graphite in Tanzania

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3

Location of Namangale Project – southern Tanzania

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• The Mozambican Mobile Belt represents a band of highly metamorphosed rocks extending through East Africa

• Tanzanian graphite appears to contain larger flake sizes however with lower average total graphitic carbon grades than Mozambique

• Tanzania is a very stable political and economic investment destination

• Volt has established excellent local partnerships supporting tenure and approvals

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See Appendix 1 for sources

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4

Maiden Inferred JORC Resource

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• Maiden total JORC compliant Inferred Resource of 179Mt @ 5.1% TGC

• Total of 82 RC holes and 9 diamond drill holes

• Very shallow resource (<100m)

• Low cost deposit to explore and mine

• Infill drilling program to commence in April 2016

Deposit		Tonnes	Grade
		(Mt)	(% TGC)
Namangale	1	161.6	5.1
Namangale	2	16.8	5.4
Namangale	3	1.6	5.3
Total		179.0	5.1

• Diamond drilling test-work ongoing; focused on graphite recovery and product quality of concentrates following flotation

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5

Namangale Flake Graphite – Size Distribution

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Initial testwork on diamond core indicates:

• very high proportion of Super Jumbo (+600 microns) and Jumbo (+300

• microns) flake sizes

• graphite flakes can be liberated using coarse particle sizes

• Flotation testwork underway to optimise recoveries

Size Fraction	Namangale 1	Namangale 2	Namangale 3
+600µm	47%	45%	38%
+300µm	29%	35%	47%
+180µm	13%	13%	10%
+75µm	4%	5%	3%
+-75µm	6%	3%	2%
Total	100%	100%	100%

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6

Graphite and Its Uses

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The demand for graphite in lithium ion batteries and other high tech applications is expected to more than double by 2020.

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Existing uses driving steady growth of Growth potential driven by
5%pa new green technologies
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8

Namangale PFS Underway

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A Pre-Feasibility Study has commenced for the Namangale Project including:

• Metallurgical testwork : Flake size and concentrate optimization underway to refine the metallurgy of the project

• Marketing : MOUs with reputable end-users signed by mid-2016

• Mine planning : Several production options being considered to identify our target market and optimal market entry production point

• Plant and infrastructure : Design work to 25% capital and operating cost accuracy

• Experienced firm BatteryLimits to deliver the PFS by latest Q4 2016

• Tenure and approvals : Progressing in parallel with PFS schedule

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Nachingwea Project Infrastructure

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• Sealed road from deep water Mtwara Port runs through the Company’s tenement package - approximately 140km distance

• Mtwara Port currently heavily underutilised with only 34% of capacity in use

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10

Key Target Milestones – 2016/17 Calendar Year

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Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017
Restructure 1. Board 3. Met Results Reserves 6. Ore Complete 7. PFS Agreements 9. Offtake commence 10. DFS Decision Investment Financial 12. Commence Construction 13.
2. PFS Commence 4. PFS Stage 1 5. Marketing MOUs 8. DFS Scoping & Funding 11. DFS complete
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Summary

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1. Volt Resources is developing the quality Namangale graphite project in southern Tanzania - the most prospective graphite territory in the world

2. Predicted strong future demand growth for the Super Jumbo and Jumbo flake size graphite product contained at Namangale

3. Fully funded Pre-Feasibility Study to deliver a largely derisked Namagale project in 2016

4. Volt board & management have demonstrated a strong focus on delivery of commitments and targets

5. Volt’s development stage represents significant value upside for resources investors interested in exposure to the future high technology industry supply chain.

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13

Disclaimer

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The information contained in this confidential document (“Presentation”) has been prepared by Volt Resources Limited (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment.

While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have the authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as “Information”) and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation.

Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any prospective investors. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent.

This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgement, analysis and assumptions and each recipient should satisfy itself in relation to such matters.

Neither this presentation nor any copy of it may be (a) taken or transmitted into the United Kingdom, Canada, Japan or the United States of America, their territories or possessions; (b) distributed to any U.S. person (as defined in Regulation S under the United States Securities Act of 1933 (as amended)) or (c) distributed to any individual outside Australia, Canada or Japan who is a resident thereof in any such case for the purpose of offer for sale or solicitation or invitation to buy or subscribe any securities or in the context where its distribution may be construed as such offer, solicitation or invitation, in any case except in compliance with any applicable exemption. The distribution of this document in or to persons subject to other jurisdictions may be restricted by law and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction.

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14

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Volt Resources Telephone: + 61 3 9614 0600