- The document discusses the Selenge Iron Ore Project in Mongolia, which contains four primary iron ore targets including Bayantsogt and Dund Bulag. - An initial JORC resource of 32.8 million tonnes at 24.4% Fe has been identified at Bayantsogt, and Dund Bulag has an exploration target of 120-250 million tonnes. - The targets contain banded magnetite skarn mineralization that has the potential for low-cost beneficiation due to its liberation characteristics. The project is located near existing rail infrastructure with good access to markets in northern China.

1. The Selenge
Iron Ore Project
Robert Wrixon
Managing Director
Mines and Money, Hong Kong
March 2012

2. 2
COMPETENT PERSON’S STATEMENTS AND DISCLAIMERS
Competent Person’s Statements
The information in this presentation that relates to Exploration Results and Exploration Targets is based on information compiled and
reviewed by Mr Kerry Griffin, who is a Member of the Australian Institute of Geoscientists. Mr Griffin 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 Griffin is the Technical Director of Haranga Resources Limited and consents to the inclusion in this report of the
matters based on his information, and information presented to him, in the form and context in which it appears.
The technical information contained in this announcement in relation to the JORC Compliant Resource for the Bayantsogt Deposit has
been reviewed by Mr Peter Ball of DataGeo Ltd, who is a member of the Australasian Institute of Mining and Metallurgy. Mr Ball 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 2004 Edition of the ‘Australasian Code for Reporting of Mineral
Resources and Ore Reserves’. Mr Ball consents to the inclusion in this report of the matters based on his information, and information
presented to him, in the form and context in which it appears.
Exploration Targets
Exploration Targets are conceptual in nature and should not be construed as indicating the existence of a JORC Code compliant
mineral resource. There is insufficient information to establish whether further exploration will result in the determination of a mineral
resource within the meaning of the JORC Code.
Forward Looking Statements
This presentation includes certain ‘forward looking statements’. All statements, other than statements of historical fact, are forward
looking statements that involve various risks and uncertainties. There can be no assurances that such statements will prove accurate,
and actual results and future events could differ materially from those anticipated in such statements.
Such information contained herein represents management’s best judgment as of the date hereof based on information currently
available. The company does not assume the obligation to update any forward-looking statement.

3. 3
OVERVIEW
Haranga Resources listed on ASX in Dec 2010
→ Four iron ore exploration/development projects in Mongolia
Flagship Selenge Iron Ore Project – Four Primary Targets
→ Initial JORC Resource
→ Large Additional Exploration Target
→ Close to existing rail and road infrastructure
→ Next to Mongolia’s largest iron ore export mine
→ Ability to access the massive market in northern China
→ 32,000m second pass drill program commencing May 2012
Large, Supportive Major Investor
→ Lippo Group increased holding from 7.4% to 13.9% via $6m placement in March 2012
→ Entire holding subject to a 12 month lock up period
Mongolian iron ore exports growing rapidly due to healthy margins and the
market outlook remains strong

4. 4
COMPANY SNAPSHOT (19 March 2012)
Key statistics (A$)Share price / volume history (A$; millions)
Substantial shareholders
Name
No. Shares
Held
% of Shares
on Issue
Golden Rain Holdings Limited 29.47m 13.92%
Geotrass LLC 10.00m 4.72%
$0.00
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12
SharePrice(A$)
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
Volume(m)
Directors’ interests
Ordinary shares on issue 19-Mar-12 211.75m
Unlisted options1 19-Mar-12 28.50m
Share price 19-Mar-12 $0.485
Market capitalisation 19-Mar-12 $102.70m
Fully diluted market capitalisation 19-Mar-12 $116.52m
Cash 31-Dec-11 $18.50m
Undiluted enterprise value $84.20m
Diluted enterprise value2 $92.32m
Directors collectively hold 11.5% of the securities on issue
52 week low 52 week high 30 day VWAP
Date 9-Aug-11 16-Mar-12
Share price $0.16 $0.54 $0.42
1. In the money options only. 36.0m options on issue in total
2. Adjusted for cash received from exercise of options
Source: Bloomberg as at 19 March 2012

5. 5
BOARD
19 years experience in the resources sector with both major and junior resource companies
Currently a Director of Voyager Resources, Avanco Resources, Lindian Resources and Copper
Range
Matthew Wood
Chairman
Robert Wrixon
Managing Director
16 years commercial experience in engineering, consulting, mineral asset acquisition and
corporate strategy (at Xstrata plc) and exploration management
Ph.D in Mineral Engineering from the University of California, Berkeley and honours degree in
Chemical Engineering from Princeton University (USA)
Previously Managing Director of Uranio Limited / Manhattan Corporation Limited
Timothy Flavel
Non Exec Director and
Company Sec
Chartered Accountant with 20+ years experience in mining and accounting
Currently a Director of Voyager Resources and Copper Range and Company Secretary of
Voyager Resources and Copper Range
Batochir Sukhbaatar
Non Exec Director
Successful Mongolian businessman and Joint Venture partner in the Selenge Project
Brother of the current Mongolian Prime Minister Batbold Sukhbaatar
Kerry Griffin
Techincal Director
Geologist with 18 years experience in exploration, resource development, mining geology and
asset acquisition in Australia, Africa and Mongolia
Previous senior roles in Mongolia with Ivanhoe Mines and Aspire Mining
Erdene Tsengelbayar
Exec Director & COO
Investment Banking and resource valuation expertise, qualified mineral economist
Over 25 years operational and management expertise natural resources in Mongolia

6. 6Source: CRU Strategies
Iron ore consumption/production forecast in China’s northern provinces
(Million Tonnes at average ROM Northern Chinese equivalent grade: 20% Fe)
In 2010 China mined 800Mt of iron ore at an average grade of 19% Fe

7. 7Source: CRU Strategies
STEEL MILLS IN NORTHERN CHINA
Inland steel mills of northern China are fed by domestic low grade magnetite mines
Mongolian magnetite concentrate is the perfect replacement for declining domestic supply

8. 8
MONGOLIAN IRON ORE EXPORT GROWTH
Source: National Statistics Office of Mongolia
Quarterly Mongolian Iron Ore Exports to China
From practically zero in 2008, Mongolian iron ore
exports are now at an annualised rate of 6.5Mtpa

9. 9Source: CRU Strategies
LOCATION MEANS INHERENT COST ADVANTAGE
This is a sustainable long term advantage
Mongolian iron ore exports will continue to boom

10. 10
THE SELENGE PROJECT LOCATION (Haranga: 80%)
Largest ground holding in
Mongolia’s premier iron ore
belt 200km north of UB
Nearby to Eruu Gol mine
(300Mt) and the Tumurtei
(230Mt), Tumur Tolgoi (25Mt)
iron ore deposits*
Eruu Gol iron ore mine:
– Currently exporting 3 Mtpa
– Expansion to 6 Mtpa end 2012
– Ultimately 10 Mtpa
– CIC invested $700m to obtain
~1/3 of Eruu Gol in 2009**
– US$3Bn IPO on HKEx is
proposed
Large project area, premium location
Relatively industrial region, well served by neaby rail infrastructure
Sources: * Mineral Resources Authority of Mongolia Register of Mineral Deposits; Golomt Bank “Mongolia Economic Review – Dec 2010”
** Wall Street Journal – 29 Oct 2009

11. 11
ANALOG TO ERUU GOL – A BANDED MAGNETITE SKARN
Eruu Gol resource approx 300Mt
Located within a ‘magnetite hill’ hence low
strip ratio, very low mining cost
Banded magnetite skarn deposit hence
straightforward, low cost beneficiation
Upgrading process is low capex (crushing,
screening, dry magnetic separation)
Produces a 60% Fe magnetite concentrate
Low Cost – High Margin
Eruu Gol iron ore mine production:
– Currently exporting 3 Mtpa of concentrate
– Expansion to 6 Mtpa end 2012
– Ultimately 10 Mtpa
ERUU GOL VALUATION:
US$2.0 Bn based on 2009 CIC
purchase
US$3.0 Bn Hong Kong IPO
under discussion
New rail spur to the Eruu Gol Mine
Overburden Removal at Eruu Gol

12. 12
FOUR PRIMARY TARGETS AT SELENGE PROJECT
2011 Drilling conducted at Bayantsogt, Dund Bulag and Huiten Gol
All targets within 10km – potential for central beneficiation plant

13. 13
PLAN MAP AT BAYANTSOGT (OVER MAGNETICS)
31 of 35 holes hit iron
mineralisation
Banded magnetite skarn within a
large ‘magnetite hill’
Selected intersections:
• 103m at 44% Fe from 225m (BTDH
20) – includes 28m at 58% Fe
• 97m at 44% Fe from 223m (BTDH 32)
– includes 29m at 54% Fe
• 71m at 37% Fe from 266m (BTDH 15)
– includes 12m at 50% Fe
• 20m at 47% Fe from 35m (BTDH 18)
• 12m at 42% Fe from 113m (BTDH 17)
• 10m at 42% Fe from 113m (BTDH 8)
Consistent iron lodes from surface, increasing in size and grade at depth
Mineralisation open in all directions and at depth

14. 14
INITIAL RESOURCE AND CROSS SECTION AT BAYANTSOGT
Cutoff Grade
(% Fe)
Tonnes
(million)
Average Grade
(% Fe)
15% Cutoff 32.8 24.4% Fe
25% Cutoff 11.4 32.4% Fe
30% Cutoff 5.3 38.5% Fe
Drilling this year to expand the resource
High grade zone yet to be properly drill
tested
JORC Code (2004) Inferred Resource Table

15. 15
BANDED MAGNETITE SKARN AT BAYANTSOGT
Silica exists primarily in
separate bands
Liberated by simple
crushing and screening,
often no need for grinding
Potential for low cost, low
capex beneficiation
Bulk samples for metallurgical test work submitted

16. 16
PLAN MAP AT DUND BULAG (OVER MAGNETICS)
Dund Bulag is the second of the four primary
targets to be drill tested, assays pending
The Dund Bulag magnetic anomaly is the largest,
again coincident with a large ‘magnetite skarn hill’
Drilling will continue in the next field season

17. 17
INTERPRETED CROSS SECTION AT DUND BULAG
At least six large iron
lodes
Exploration Target:
120 – 250Mt of ore

18. 18
SUMMARY AND PLAN
China mines 800Mt per year of iron ore, 19% Fe average
→ Primarily magnetite mines - output forecast to decline in grade and tonnes
→ Massive demand, high prices for Mongolian magnetite concentrate
Bayantsogt (BT) and Dund Bulag (DB) are advancing
→ Initial inferred resource at BT: 33Mt at 24.4% Fe
→ Exploration target of 120 – 250Mt at DB
→ Banded magnetite skarn, potential for low cost beneficiation
→ Located next to rail infrastructure and the US$3Bn Eruu Gol mine
12 Month Plan for Selenge Project
→ Remaining 2011 drill results due March/April 2012 (DB and Huiten Gol)
→ 32,000m of drilling planned this year, commencing May 2012
→ Thorough met test work program initiated; prelim Scoping Study by mid 2012
→ $17.5m in the bank