Morrie Goodz, Managing Director

1. Corporate Update – Gold Symposium - Sydney
23 October 2012

2. Cautionary Advice on Forward
Looking Statements
 The information contained in this presentation has been prepared by MacPhersons Resources Ltd (MRP).
This presentation is not an offer, invitation, solicitation or other recommendation with respect to the
subscription for, purchase or sale of any securities in MRP. This presentation has been made available for
information purposes only and does not constitute a prospectus, short form prospectus, profile statement or
offer information statement. This presentation is not subject to the disclosure requirements affecting
disclosure documents under Chapter 6D of the Corporations Act.
 While the information contained in this presentation has been prepared in good faith, neither MRP nor any
of its directors, officers, employees, agents or advisors give any representation or warranty, express or
implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and
conclusions contained in this presentation. Accordingly, to the maximum extent permitted by law, none of
MRP, its directors, officers, employees, agents, advisers, nor any other person accepts any liability whether
direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of the accuracy
or completeness of the information or for any of the opinions contained in this presentation or for any errors,
omissions or misstatements or for any loss, howsoever arising, from the use of this presentation.
 This presentation may contain statements that may be deemed ‘forward looking statements’. Forward risks,
uncertainties and other factors, many of which are outside the control of MRP, can cause actual results to
differ materially from such statements. Such risks and uncertainties include, but are not limited to,
commodity price volatility, increased production costs and variances in ore grade recovery rates from those
assumed in mining plans, as well as political and operational risks and governmental regulation and judicial
outcomes. MRP makes no undertaking to update or revise such statements, but has made every endeavour
to ensure that they are fair and reasonable at the time of making the presentation.
 Investors are cautioned that any forward looking statements are not guarantees of future performance and
that actual results or developments may differ materially from those projected in any forward looking
statements made.
 Exploration targets are conceptual in nature and drilling may not convert these to resources.
Corporate Update – Gold Symposium – Sydney – October 2012 2

3. Strategic Achievements
What have we achieved in 12 mths?
 Silver, Gold & Zinc mine acquisition
 Silver/Gold mill acquisition/expansion
 73,400m drilled; 352,880m in review
 Silver Eq 0 12.5 Moz $340M
 Gold 100 300 koz $320M
 Zinc 0 35 kt $70M
 Value added in 12 mths $730M
 44% Return to Shareholders
 Exploration – Copper/nickel upside
 Gold Assets/Tenements increased 800%
 Operations Management Team
 Road to Production
Corporate Update – Gold Symposium – Sydney – October 2012 3

4. Kalgoorlie / SuperPit
100 Moz Gold Combined
Production / Resource
Corporate Update – Gold Symposium – Sydney – October 2012 4

5. Corporate
MRP
ASX Code: MRP
ASX Listed: 24 December 2010
Ordinary Shares: 239 million
Unlisted Options: 22 million
Market Cap: A$93m at 39 cents XSO
Cash: A$16m
Debt: Nil
Projects
100% Nimbus Silver-Gold-Zinc VHMS
100% Boorara/Coolgardie Gold Assets
Substantial Shareholders
Directors/Management: 37%
RK Mine Finance: 8.5%
Corporate Update – Gold Symposium – Sydney – October 2012 5

6. Experienced Management Team
Chairman (Executive) Managing Director (Executive)
Ashok Parekh Morrie Goodz
BBus, FCA, AIMM, FTIA MSc (Mining Geo), MBA, FAIMM
Chartered Accountant Cert Mine Manager
33 years experience Geologist – 34 years experience
Coordinates assets for IPOs Discovered/designed 4 decline mines
Non-Executive Director Company Secretary
Jeffrey Williams Stephen Hewitt-Dutton
BSc (Mining Eng), MBA, FAIMM BBus, CA, SA Fin
Mining Engineer – 39 yrs experience Chartered Acct – 18 years experience
Founder – Mineral Deposits (MDL) Specialist – Mergers & Acquisitions
Operations Management Mining Advisor
Ron Ellis Ray Wright
BSc (Mining Eng) Cert Mine Manager
Cert Mine Manager 45 years experience
25 years experience Owner/Operator of 4 producing mines
Manager of Operating Mines
6

7. Nimbus Historical Production
Tonnes: 318,992 tonnes
Average Grade: 352 g/t silver
Production: 3.6 Moz silver
Operating Cost: $6.54 / oz
Average Sell Price: $9.07 / oz
Cost Metrics: Reduce Labour/Energy by 50-70%
2012 Price: $27-$37 / oz = up 300 - 400%
Corporate Update – Gold Symposium – Sydney Silver Eq* & 34,300 tonnes Zinc 7
12.5 Moz – October 2012
9 additional Ag and polymetallic deposits

8. Nimbus Video / New Gold Zone 54g/t Au
73,400m Drilled This Year
5 6
2
4
1
3
Corporate Update – Gold Symposium – Sydney – October 2012 8
28m @ 896g/t Ag

9. New Lens 4 and 54g/t Gold Intercept
Discovery Pit
6m @ 120g/t Ag 8m @ 82g/t Ag
2m @ 54.3g/t Au
 2m @ 54.3g/t Au
from 40m depth
Ag – Zn Lens 4
 Extension to the Western
Domain (Lens 4)
 Quartz vein association
 Separate from breccia
associated Ag-rich
mineralisation (Lens 4)
 Within a wide Ag-bearing
Corporate Update – Gold Symposium – Sydney – October 2012 alteration halo 9

10. 1
Corporate Update – Gold Symposium – Sydney – October 2012 10

11. Grade is King – Recent Intersections
Sulphide intercepts include:
 28m @ 896g/t Ag in NBRC216 from 200m;
o Includes 17.0m @ 1427g/t Ag plus 26.3% Zn and 4.7% Pb from 205m;
o Includes 11.0m @ 1666g/t Ag from 205m;
 29m @ 202g/t Ag-Eq* (139g/t Ag plus Credits) in NBRC203 from 176m;
o Includes 9.0m @ 328g/t Ag and 7.9% Zn from 177m;
o Includes 5.0m @ 164g/t Ag from 200m;
 7m @ 561g/t Ag-Eq (400g/t Ag plus Credits) in NBRC202 from 196m;
o Includes 7m @ 400g/t Ag and 8.7% zinc from 196m;
Oxide intercepts include:
 9m @ 302g/t Ag-Eq (258g/t Ag plus Credits) in NBRC178 from 81m;
 6m @ 120g/t Ag in NBRC168 from 27m depth;
 8m @ 82g/t Ag in NBRC196 from 51m depth;
 19m @ 93g/t Ag in NBRC078 from 14m depth;
Corporate Update – Gold Symposium – Sydney – October 2012 11

12. NBDH009 Confirmation & Extension
 14m Zone of
Massive and
Matrix Primary
Mineralisation
 50m beneath zone
28m @ 896g/t Ag
in NBRC216
(already 80m DD)
 130m Total Depth
Extension
Corporate Update – Gold Symposium – Sydney – October 2012 12

13. Gold-bearing Quartz Mineralisation adjacent
to Lens 4 and 30m below NBRC033 intersection
of 2m @ 54 g/t gold (downhole quartz zone
thickness 11m in NBDH008)
Lens 4 Silver – Zinc zone from oxide through
Transitional to Primary Sulphide Zone both
Hanging wall and Footwall of Gold Zone
(downhole thickness 47m).
New hole - NBDH008

14. Massive Sulphides with grades up to
DSO - 3200g/t Ag, 41% Zn, 14% Pb
Corporate Update – Gold Symposium – Sydney – October 2012 14

15. What Does Silver Highgrade Mean?
Today’s Sale Price/oz $33
Current MRP Pit Optimisation Cost Price/oz $10
Net Margin 70% $23
Target Production (2014-2015) 2Mozpa
Target Margin on current model/spot price $46M
Corporate Update – Gold Symposium – Sydney – October 2012 15

16. Pit No. 1 (Discovery) - drilled to 3rd June 12
Opportunities - 9 deposits - 50 lenses
Discovery
6 East
3
JORC Compliant Minerals Resource 12.5Moz Ag-Aq
Mineral Resource Tonnes Grade Grade Ounces Ounces
Category (g/t Ag) (g/t Ag-Eq*) Ag Ag-Eq*
Measured 142,000 65 76 0.30Moz 0.35Moz
Indicated 1,053,000 123 158 4.16Moz 5.36Moz
Inferred 1,597,000 110 131 5.63Moz 6.75Moz
TOTAL 2,792,000 112 139 10.1Moz 12.5Moz
Corporate Update – Gold Symposium – Sydney – October& 34,300 tonnes Zn,
* Silver Equivalent - discounted to represent 2012 16
recoverable equivalent of silver ounces Au-Hg-Cu-Pb Credits

17. Future Resource Growth
2m @ 54.3g/t Gold
6 5
28m @ 896g/t Ag
3
-260m RL
Corporate Update – Gold Symposium – Sydney – October 2012 17

18. Existing Nimbus Process Plant
Pregnant
Leach Liquor
ROM Stockpile
Smelting
Crushing Plant
Filtration
Clarification Stockpile
Process Flowsheet
Vacuum
Deaeration
Leaching
Solid / Liquid
Ball Mill Separation
Key Projects Nimbus Historical Production
Met test work (oxide, Tonnes: 318,992 tonnes
transition, sulphides) Average Grade: 352 g/t silver
Process water Production: 3.6 Moz silver
TSF 3 Operating Cost: 6.4/oz
Mill construction Average Sell Price: $9.07/oz
Permitting TSF 3
Works approval – DEC 2012 Price: $27-$37/oz
Corporate Update – Gold Symposium – Sydney – October proposal – DMP
Mining 2012 12.5Moz Silver Eq* & 34.3KT Zinc
Native vegetation 9 additional Ag & Polymetallic deposits
clearing permit - DMP

19. Target – Leading Silver Producer
Production Target
2.5
2013
– Mill Expansion
2.0
– 480ktpa
2014
1.5 – Sulphide Plant
– Zinc Concentrate
1.0
0.5
2012 Target 2013 Target 2014 Target 2015 Target Future years
Corporate Update – Gold Symposium – Sydney – October 2012 19

20. Pit Optimisation Studies
Discovery
East
5
Corporate Update – Gold Symposium – Sydney – October 2012 20

21. Nimbus Exploration Potential
Cu
Cu
Q1 2013
Cu
Cu
Corporate Update – Gold Symposium – Sydney – October 2012 21

22. Silver Resource Target
Resource Target
25
20
Target Resource
15
10
5
Jun-11 Dec-11 Mar-12 May-12 July-12 2012 Future
Target Years
Range
Corporate Update – Gold Symposium – Sydney – October 2012 22

23. Exploration Upside
 Maiden silver resource – Nimbus
main zone – 6 lenses being drilled
 4 VHMS lenses at Nimbus
(not yet classified)
 9 other silver-zinc prospects
 2012 – drillout of Nimbus
 2012 – JORC resource updates
Nimbus and Coolgardie
 2012 – commence drillout of
Boorara gold and adjacent lenses
 2013 – commence drillout of other
silver deposits
Corporate Update – Gold Symposium – Sydney – October 2012 23

24. Boorara Gold Project – 2km from Mill
Corporate Update – Gold Symposium – Sydney – October 2012 24

25. Boorara Proposed Open Pit
Corporate Update – Gold Symposium – Sydney – October 2012 25

26. Coolgardie Gold Project
Coolgardie Gold Projects
 50% upgrade in gold
resources (>1.7g/t)
 MacPhersons Pit 1
optimisation – 76,000oz
 Tycho Pit 1 optimisation
– 43,000oz
 A-Cap Deeps Discovery
 100% increase in
tenement holding
 Nickel Projects
Corporate Update – Gold Symposium – Sydney – October 2012 26

27. Target Plan to Production
Nimbus Silver-Gold-Zinc Mines
 New Merrill Crowe Expansion – 2013
 Pit cutbacks and tailings processing
 10 Massive Sulphide lenses at Nimbus
 9 other Silver-Zinc deposits on tenements
Boorara – Coolgardie Gold Projects
 Multiple deposits on Boorara – Kanowna shear zones
 MacPhersons Optimised Pits and A-Cap Deeps
 Tycho pit optimisation and mine plan in progress
Corporate Update – Gold Symposium – Sydney – October 2012 27

28. Strategic Achievements
What have we achieved in 12 mths?
 Silver, Gold & Zinc mine acquisition
 Silver/Gold mill acquisition/expansion
 73,400m drilled; 352,880m in review
 Silver Eq 0 12.5 Moz $340M
 Gold 100 300 koz $320M
 Zinc 0 35 kt $70M
 Value added in 12 mths $730M
 44% Return to Shareholders
 Exploration – Copper/Nickel upside
 Gold Assets/Tenements increased 800%
 Operations Management Team
 Road to Production
Corporate Update – Gold Symposium – Sydney – October 2012 28

29. Key Assets – Points of Difference
Grade is King
Move to Producer
Polymetallic
Silver - Gold - Zinc
ASX: MRP
Price: 39 cents
Mkt Cap: A$93m Nimbus Silver Bars
www.MRPresources.com.au
Corporate Update – Gold Symposium – Sydney – October 2012 29

30. Competent Person Statement
The information in this presentation that relates to mineral resources and
exploration results is based on information compiled by Mr Morrie Goodz,
who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr
Morrie Goodz is a full time officer of MacPhersons Resources Ltd and has
sufficient experience which is 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 2004
edition of the “Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves”. Mr Goodz has given his consent
to the inclusion in this presentation of the matters based on the
information in the form and context in which it appears.
Corporate Update – Gold Symposium – Sydney – October 2012 30