Mantle Mining : Investor Presentation - Morning Star Opportunity

Mining 2016 - August 2016

• Contains Forward Looking Statements: This presentation includes statements deemed to be "forward-looking". Although the Company believes the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ. The Company, its directors, officers, agents, employees or advisors, do not represent, warrant or guarantee that the information in this presentation is complete or accurate.

• Not Investment Advice: The information in this presentation has been prepared by Mantle Mining Corporation Limited ("Mantle" or "Company") and may not contain all information necessary for investment decisions. The presentation is not a prospectus and does not constitute an offer to subscribe for securities in the Company. The presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors.

• No Warranties, No Liabilities Assumed: While information in this presentation has been prepared in good faith, neither the Company nor any of its directors, officers, agents, employees or advisors give any representations or warranties, or take any responsibility as to the accuracy, reliability or completeness of the information, or of any other written or oral information made or to be made available to any interested party or its advisors and liability therefore is expressly disclaimed.
• Norton JORC Compliance Statement: Information in this report is extracted from the report entitled "Norton Gold Mine Resource Estimate" created on15 May 2015. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements.
• Granite Castle JORC Compliance Statement: Information in this report is extracted from the report entitled "Improved Confidence Levels for Granite Castle Resource" created on 28 May 2008. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements.
• Charters Towers JORC Compliance Statement: Information in this report is extracted from the report entitled "Disclosure Document" created on 2 October 2006". The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements.
• Competent Person Statement: The information in this report that relates to Exploration Results is based on information compiled by Dr Richard Valenta, Executive Director of Mantle Mining Corporation Ltd. Dr Valenta is a Fellow of the Australasian Institute of Mining and Metallurgy and 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 2012 Edition of the "Australasian Code for Reporting of

Exploration Results, Mineral Resources and Ore Reserves". Dr Valenta consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

• Recent decision to focus efforts on Morning star. Why?

  • Fully-permittedmine and plant (the only permitted plant in the region)

  • Relatively minor works required to achieve mining and plant operation

  • Historical production of 880k oz at 26.5g/t

  • Yet to be mined zones accessiblefromexisting underground, including some fantastic intercepts in as yet unmined material

    - eg 0.15m at 17,608g/t Au(yes that is 1.7% gold!); 0.38m @ 1,392g/t Au

  • Holder of virtually all the ground in a district with 6m oz of historical high grade gold production, and little exploration in the last 25 years

• New board and management team with the skill set to deliver on this potential

  • Learn from and address the plant commissioning issues experienced by previous operators(modify crush to accept harder host rock)

  • Use skills of the executive teamto improve geological understandingof the deposit

  • Capitalise on strong high nugget mining experience of board and team, to improve mining approach (more systematic mining approach)

Bob Barraket

Non-Executive Chairman

Rick Valenta

Executive Director

Capital Structure (as at 2/8/16)

ASX Codes:

MNM

MNMOC

50 years senior legal experience with mining and mineral exploration companies around the world.

Over 30 years executive experience in exploration and development, mergers and acquisitions, mine and corporate management.

Shares on Issue 1118M

Options on Issue

MMOC 100M

U/L 125M

Market Cap A$18M (1.6c)

Matthew Gill

Non-Executive Director

Mining engineer - key leadership roles in the successful construction, commissioning and operation of 3 important underground gold mines

Mantle Mining Share price (as at 24/8/16)

Ian King

Non-Executive Director

Director of corporate advisory, BBB Capital with more than 25 years experience in investment banking.

Top Shareholders (as at 29/7/16)

Top 40 64%