For personal use only ORREX RESOURCES LTD MINES & MONEY AUSTRALIA OCTOBER 2011

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1 ORREX RESOURCES LTD MINES & MONEY AUSTRALIA OCTOBER 2011

2 Important Information This presentation contains only a brief overview of Orrex Resources Ltd (Orrex) and its respective activities and operations. The contents of this presentation, including matters relating to the geology of Orrex s projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any independent verification. This presentation contains a number of forward-looking statements. Known and unknown risks and uncertainties, and factors outside of Orrex s control, may cause the actual results, performance and achievements of Orrex to differ materially from those expressed or implied in this presentation. To the maximum extent permitted by law, Orrex does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of Orrex, and will not be responsible for any loss or damage arising from the use of the information. The information contained in this presentation is not a substitute for detailed investigation or analysis of any particular issue. Current and potential investors and shareholders should seek independent advice before making any investment decision in regard to Orrex or its activities. The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr. John Bartlett, who is a Member of the Australian Institute of Mining and Metallurgy. Mr. Bartlett is the principal of Ore (plus) Geology Solutions Pty Ltd and a consultant to Orrex. He has sufficient experience which is relevant to the style of mineralisation and type of deposits 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. Mr. Bartlett consents to their inclusion in the report of the matters based on his information in the form and context in which it appears. 1

3 OVERVIEW For personal use only

4 Investment Highlights Assets *Strategic land positions in heart of Kalgoorlie region and Central YilgarnCraton * Significant blue sky potential * Pipeline of new projects under review Board and Management Team *Track record and experience to deliver value Shareholder leverage * Structured to maximise potential capital growth 4

5 For personal use only Our Team Mark Stowell Sonja Felderhof David Frances Christopher Stephens Jonathan Asquith John Bartlett ASX: ORX Non Exec Chairman Managing Director Non Exec Director Non Exec Director CFO & Company Secretary Consultant (Ore (+) Geological Solutions) Mines & Money Australia October

6 Capital Structure Share Ownership 30% 33% Issued Shares 36.6m Tradable Shares 22.2m Options 20.5m Share Price % 13% Mawson West Ltd Board & Management Significant Private Mining Investors Other Market Cap ~$7 m Cash on Hand (Sept 2011) ~$3 m Enterprise Value ~$4 m 6

7 Project Locations 7

8 GOLDEN MILE SOUTH PROJECT For personal use only

9 Golden Mile South: Heart of Kal ~5 Moz ~4 Moz ~4.5 Moz ~4 Moz ~74Moz Kalgoorlie no better address Consolidation (100km 2 of 57 PL s and PLA s) Underexplored land package ~4 Moz Significant infrastructure +17 Moz 9

10 Golden Mile South: Targets Three major structures all associated with significant gold mineralisation affect the area Several exploration model applications Ten target areas defined including one prospect and three empirical targets 10

11 For personal use only Golden Mile South: Drill Programs ASX: ORX Program Aircore RC No. Completed 3 1 Holes Drilled Metres Drilled 14,641 1,300 Mines & Money Australia October

12 Golden Mile South: Lakeside Aircore Program RC Program 12

13 Golden Mile South: Blue Sky Golden Mile Dolerite GMD Deeps Target 13

14 BARLEE PROJECT For personal use only

15 Barlee: Yilgarn Craton Region host to significant mineral occurrences 687km 2 5 EL s and 2 ELA s Pure greenfields 15

16 Barlee: Targets Exploring for remnant greenstones First pass auger sampling program completed Four target areas Follow up sampling program being planned 1

17 WHAT S NEXT? For personal use only

18 In Summary Continue to keep focused on Golden Mile South *Aircore and RC drill programs *Diamond program targeting Golden Mile Dolerite Deeps Sampling program at Barlee Project New Projects *We are pursuing larger and more advanced projects for acquisition in Australia or overseas. Cash on hand ~$3 million and strong capital structure Continue to keep shareholders informed of on going exploration 18

19 For personal use only Thank you Please stop by and see us at Booth 16 : Sonja Felderhof Managing Director Orrex Resources Ltd E: sonjaf@orrexresources.com T: F: M: ASX: ORX Mines & Money Australia October