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Ianna Gold project

Ianna Gold project. Intercept Minerals Ltd Level 1, 130 Hay Street Subiaco WA 6008 Tel: (08) 6380 2799 www.interceptminerals.com.au ASX Code: IZM. July 2011. Disclaimer.

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Ianna Gold project

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  1. Ianna Gold project Intercept Minerals Ltd Level 1, 130 Hay Street Subiaco WA 6008 Tel: (08) 6380 2799 www.interceptminerals.com.au ASX Code: IZM July 2011

  2. Disclaimer The information contained in this Presentation should not be considered as the giving of investment advice by Intercept Minerals Ltd (Intercept) or its associates, officers, directors, employees and agents. Each party to whom this information is made available must make its own independent assessment of Intercept after making such investigations and taking such advice as may be deemed to be necessary. In particular, any estimates or projections or opinions contained in this supporting information necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient should satisfy itself in relation to such matters. This Presentation is based on geological information compiled by and reported upon by Mr Paul Penna, Exploration Manager, a full-time employee of Intercept Minerals Ltd and a Member of the Australian Institute of Geoscientists with more than 20 years experience in the fields of activity reported. Mr Penna has read and gives his consent to the release of this Presentation in this form.

  3. Name recently changed to Intercept Minerals Ltd (formerly Uramet Minerals Limited) • Listed on ASX in June 2007. • 2007-09 uranium, base metals and phosphate exploration in central Australia. • April 2010 Ianna Gold Project (North-west Guyana) JV agreement signed. • Australian exploration scaled back – minimum cost to meet expenditure covenants. Seeking JV partners. About INTERCEPT MINERALS

  4. IZM expenditure US$ 350,000 by 30 April 2011 (achieved). • IZM expenditure US$ 1,000,000 by 30 April 2012 (achieved). • IZM election to continue or withdraw from the JV by 10 January 2011 (done). • Continuation required the issue of 1 million IZM options (done). Terms of options: • strike price A$ 0.15 • 2 year life (expire 20 January 2013) • JV partners: • IZM 50% (JV Manager & 51% of JV vote) • SRM 50% • IZM option to acquire a further 25% interest for US$2.5 million expiring 30 April 2012 • If option not exercised IZM is deemed to withdraw from JV IANNA GOLD JOINT VENTURE – principal terms

  5. GUYANA • English speaking (Caribbean community) • Democratic, politically stable country • Population of ~ 770,000 • ~215,000 km2 • Legal system - English common law • Mining royalty 5% • Corporate tax 30% “The Government welcomes and fully supports all investment, foreign and local, in the mining sector. Our resounding message is that Guyana is open for business.” Government Release, Feb 28, 2008

  6. Georgetown

  7. Guiana (sthamerica) & birimian (west africa) greenstone belts

  8. Intercept Minerals

  9. Large Gold Deposits Within Guiana Shield

  10. Ianna Gold Project lies within the Guiana Shield, a palaeo-Proterozoic granite-greenstone terrane (2.2by) forming the northern part of the Amazon craton. • Guyana’s primary gold deposits are commonly found near: • the margins of granitoids stocks that intruded the greenstone belts. • Fault/shear zones within the greenstone belts are also potential areas of gold deposits. REGIONAL GEOLOGICAL SETTING

  11. PROSPECT AREAS Project area includes 12 known prospects 13 medium scale claims 55 km2

  12. FIRST PHASE EXPLORATION • First stage exploration focussed on 3 of the 12 known prospects: • King Ransom • Stone Hill • Chow Wow

  13. DRILL PROGRAM Completed small scout drilling program to identify broad zones of Au mineralisation to confirm potential for large tonnage resource. • 2,252 metres • 36 holes (average depth 62.5 metres) • Stone Hill -18 holes < 60 metres • Kings Ransom - 16 holes < 70 metres • Chow Wow - 2 holes - 100 metres each

  14. First DRILL RESULTS – April 2011 Significant down hole intercepts > 10m and averaging > 1 g/t Au (0.5 g/t cut off) 22% of all holes drilled contain intercepts > 10m @ >1g/t Au (9 intercepts >10m in 8 holes)

  15. STONE HILL – DRILL HOLE LOCATIONS 18 holes, each < 60 metres

  16. Stone hill trench

  17. Stone hill – drill section Holes 13 – 16 (TR 3) ~ 60 metres ~45 metres

  18. Stone hill TSH03 RESULTS April 2011

  19. Stone hill – drill section holes 7 – 12 (tr 4) ~ 80 metres

  20. STONE HILL - HISTORICAL EXPLORATION (Note: the above results have not been verified by Intercept Minerals Ltd)

  21. STONE HILL – TEST STRIKE & DEPTH EXTENTS Test Strike Test Strike Test Strike Test Strike Test Strike Test Strike Test Strike Test Strike

  22. KINGS RANSOM Prospect 16 holes, each < 70 metres Test Strike Test Strike Test Strike Test Strike

  23. FIRST PASS DRILL RESULTS Demonstrate PROJECT AREA HOSTS LARGE GOLD MINERALISATION SYSTEMS

  24. Drilling (approx. 12,000 metres) • Depth & strike extensions of known mineralisation at Stone Hill and Kings Ransom • Drill test other known mineralisation at Fern Leaf, Sherry, El Paso, Toro • Drilling new targets generated by mapping, soil sampling & trenching • New target generation • Untested areas through mapping, soil sampling, trenching • Interpreting existing aeromagnetic data PHASE TWO EXPLORATION (may 2011 – MARCH 2012)

  25. 2011-2012 PROPOSED EXPLORATION PROGRAMME • ~3,400 soil samples • ~4 km trenching • 190 drill holes (~12,000 m)

  26. market capitalisation v Resource (20 July 2011) GUYANA GOLDFIELDS 6.7 M oz @ 3.9 g/t Mkt Cap = $619m SANDSPRING RESOURCES 9.9 M oz @ 0.8 g/t Mkt Cap = $279m Azimuth Resources Resource pending Mkt Cap = $96m INTERCEPT MINERALS Mkt Cap = $9m

  27. Executive Chairman & CEO Sam Randazzo (CA) • Non Executive Directors Don Best (Civil Engineer) Richard Procter (Mining Engineer/MBA) Robert Duncan (Geologist) • Exploration Manager Paul Penna (Geologist /MBA) • Consulting Geologists Phil Fillis (Geologist, +30 years experience) • CFO/Company Secretary Karen Manson (B Com/MBA/CPA) DIRECTORS & Senior management

  28. Issued capital: 102,446,771 ordinary shares • Options 7.65 Million • Market Capitalisation, approx A$9m (@9c) CAPITAL STRUCTURE AT 20 July 2011

  29. Top 20 shareholders at 30 June 2011 Directors/Management/Consultants 8,952,376 8.74%

  30. Heavy Equipment

  31. DRILL Traverse – KINGS RANSOM

  32. DRILL rig offloaded from River Barge

  33. Drill RIG LANDED ON SITE

  34. RC DRILLING

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