AIM: EMED TSX: EMD

1. AIM:EMED TSX:EMD www.emed-mining.com Presentation 19 December 2012 at General Meeting of Shareholders, Minas de Riotinto, Spain

2. Forward Looking Statements This Presentation contains “forward looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company, its subsidiaries and its projects, the future price of metals, the estimation of ore reserves and resources, the conversion of estimated resources into reserves, the realization of ore reserve estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and timing of the development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. Often, but not always, forward looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Accordingly, readers should not place undue reliance on forward looking statements. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; actual results of reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of metals; the future costs of capital to the company; possible variations of ore grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; political instability, terrorist attacks, insurrection or war; delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors discussed in the section entitled “Risk Factors” in this Presentation. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward looking statements contained herein are made as of the date of this Presentation and the Company disclaims any obligation to update any forward looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Sources for technical information and financial forecasts (except where noted) in this presentation are the “Amended and Restated NI43-101 Technical Report on Reopening the Rio Tinto Copper Mine Huelva Province, Spain” and the “Amended and Restated NI43-101 Technical Report on BielyVrch Gold Deposit, DetvaLicence Area in Slovakia”. Both of these reports are dated 17 November 2010. Mr Ron Cunneen, BSc (Geology), Head of Exploration for EMED Mining, a qualified person as defined by National Instrument 43-101, supervised the preparation of the scientific and technical information in this presentation.

3. SHAREHOLDERS SUMMARY OF STATUS

4. ONE OF BEST PERFORMING COPPER SECTORSHARES OVER PAST TWO YEARS The sector performed poorly in 2011 and 2012 in stock market terms. EMED has outperformed the majority of TSX and TSXV listed copper exploration, development and producing companies since the TSXIPO in December 2010 Relative Share Performance Since Dec. 17, 2010 – Copper Developers and Producers Source: Capital IQ, as of 28 November 2012

5. CONTROLLED BY GLOBAL MINING INVESTORS

6. STEPS TO ACHIEVE 9MTPA PRODUCTION RATE Administrative Standing : informally advised that we have satisfied the Legal, Technical , Economic Tests Environment Plans (AAU): await approval. Everything has been submitted Approval Mineral Rights Environmental Plans Restoration Plan: flows from AAU. Project approval flows from reports now done by IGME & CEDEX. CEDEX requires due diligence on newly acquired sections of dams Approval Restoration Plan Exploitation Rights (Project) Feasibility Studies Capex , Opex, Works Schedule. Flows from Restoration Plan Closing before Execution Environmental Bonding Bankable Engineering & Technical Studies Project Finance and Product Off take Documents, D. Diligence, Closing Production Planning to 9Mtpa , Drilling, Expansion Studies beyond 9Mtpa Production Planning and Expansion Studies Operations Development Operating Licenses are processed in parallel with project execution works Systems, Contracting, Recruitment & Training Operating Licences Phase 1 Project Execution& Commissioning Phase 1 Project execution and commissioning Production 5 Mtpa Phase 2 Project Execution& Commissioning Phase 2 Project execution and commissioning Production 9 Mtpa

7. BASE AND TARGET CASE for first mine to be redeveloped – Cerro Colorado Open Pit • Base Case assumes extraction of existing ore reserves at 9Mtpa only over 14 years. Target Case 15Mtpa. • Scenarios under $3.50/lbassume 50% of years 2-7 are hedged at $3.50/lb. • C1 assumed $1.50 (Operating Costs). C3 assumed $1.90 (Capital, Operating and Closure Costs). • Estimates being independently reviewed, to be released in accordance with NI-43-101 which is being updated.

8. RIO TINTO: WORLD’S LARGEST VMS SYSTEM SPAIN • 100% ownership of assets, including the Cerro Colorado open pit and other mines, processing facilities and all project lands • Last operated in 2001 and was put on care and maintenance due to then-prevailing low Cu prices • Excellent infrastructure in place: • Access to towns, roads, port, power & water • Only 75 km from Freeport McMoRan’s Atlantic Cu smelter SPAIN Rio Tinto

9. “growth agenda” Tasks for 2013, so as to re-establish RIO TINTO as a mining DISTRICT Rio Tinto is the world’s largest VMS system. Historical production 2Mt Cu at 1.5% + 60M oz Ag. No exploration for 25 years. Cerro Colorado Pit, initial target increase reserves - 600Kt to 900Kt Cu Drilling programs to commence 2013. No past drilling below 250 meters & open Concentrator, increase output – 37Ktpa Cu (9Mtpa) to 60Ktpa Cu (15Mtpa) Engineering studies to commence 2013. Some plant capacity already 15Mtpa Tailings Treatment, target reduced enviroimpact and increased capacity Engineering studies to commence 2013. Optimise tailings thickening/deposition San Dionisio Underground Mine, evaluate this adjacent high grade deposit Validate and interpret database under today’s standards and economics San Antonio Underground Mine, evaluate this adjacent high grade deposit Validate and interpret database under today’s standards and economics Tailings Reprocessing Joint Venture, evaluate treatment of precious metal Metallurgical testing and engineering programs to commence 2013

10. SLOVAKIA: GOLD PORPHYRY DISCOVERY SLOVAKIA • 100%-owned Detva Gold Project • Background of BielyVrch deposit • NI-43-101 Indicated & Inferred Resource • Focused on shallow, oxidised 1M oz • First Permit “National Resource” • Encouraging Independent Scoping Study • Now consulting communities • “Mining Lease Area” initial approval done Poland Germany Czech Republic Ukraine SLOVAKIA Biely Vrch Austria Hungary Romania

11. GROWTH PIPELINE GROWTH CYPRUS DETVA Slovakia, potential which has been identified: (95%-owned) deposit and other targets Gold Project Copper • To optimise open pit resources for higher gold price • To consider the impact of potentially higher gold prices on the economics of deeper zones of mineralisation • To keep testing Hodrusa Field • To re-start drilling after addressing higher priorities elsewhere RIO TINTO Copper Mines Spain, potential which has been identified: • To optimise open pit reserves of 123 Mt for copper price higher than $2/lb • To convert more of 203 Mt open pit resources to reserves • To increase open pit resources of 203 Mt • To re-evaluate the San Dionisio deposit previously mined by RTZ • To test other deposits RTZ reported on the company’s Rio Tinto Mine property • To test targets on one or more of the surrounding mineral concessions

12. Finance Strategy Finance plan with customers Goldman Sachs, Xiangguangand Red Kite potentially covers $240M when “fully-bankable” All estimates subject to revision and upon independent review for updating of the NI-43-101 Technical Report.

13. Directors Ronnie Beevor - Non-Executive ChairmanDirector of several mining companiesFormer MD, investment banking, Rothschild Australia Harry Anagnostaras-Adams - Managing Director John Leach - Finance Director NON-EXECUTIVE DIRECTORS Jasper Bertisen Principal of Resource Capital Funds and engineer Roger DaveyFormer Director of Rothschild, mining company director and mining engineer Bob FrancisFormer senior partner of Deloitte & Touche specialising in mining Harry LiuVice President Xiangguang responsible for corporate development Ashwath MehraCEO of Astor Group and commodities trader Jose Sierra30 years minerals policy & regulation, Spain (Director-General Mines) and EU

14. RESERVES & RESOURCES • RIO TINTO COPPER – cerrocolorado open pit Source: BehreDolbear NI-43-101 Report and based on a 0.2% cut-off grade Resources Inclusive of Reserves Resources based on $3.00/lb pit shell Reserves based on $2.00/lb pit shell

15. DetvaGold Project (100%) • BielyVrch (Slovakia) MINERAL RESOURCES • Multi-million ounce system, consistently mineralized from surface • Shallowest1 million ounce is focus of current planning • Consult community and advance permitting prior to more detailed studies • Gold Resources Source: Amended and Restated NI-43-101 Technical Report on Biely Vrch Gold Deposit, Detva Licence Area in Slovakia - dated 17 November 2010

16. Contacts CONTacts Listed on AIM (Code:EMED) and TSX (Code:EMD) www.emed-mining.com

17. AIM:EMED TSX:EMD www.emed-mining.com Presentation 19 December 2012 at General Meeting of Shareholders, Minas de Riotinto, Spain