This document discusses forward-looking statements regarding the company's exploration and development activities. It notes that forward-looking statements are based on certain assumptions that may prove to be incorrect. Additionally, it lists several risk factors that could affect the company's forward-looking statements, such as variations in resource estimates, commodity prices, and operational risks.

2. Disclosure…
This presentation may contain forward-looking information. Forward looking information contained in this presentation may include, but is not
limited to, statements with respect to: (i) the estimation of measured, inferred and indicated mineral resources and probable mineral reserves
including, without limitation, statements with respect to the potential establishment of new mineral resources and the expansion potential of
existing mineral resources/reserves; and (ii) The success of exploration and development activities; and (iii) Various technical reports addressing
project developments in nickel, coal and gold.
These statements are based on information currently available to the Company and the Company provides no assurance that actual results will
meet management's expectations. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes",
"could", "estimates", “expects", "may", "shall", "will", or "would". Forward-looking information contained in this presentation is based on certain
factors and assumptions regarding, among other things: the estimation of mineral resources and mineral reserves (and potential establishment
and increases in respect thereof); the realization of resource estimates and reserve estimates; coal, gold and nickel metal prices; the timing and
amount of future exploration and development expenditures and materials to continue to explore and develop mineral and metal projects in the
short and long-term; the progress of exploration and development activities; the receipt of necessary regulatory approvals, and assumptions
with respect to currency fluctuations; environmental risks; title disputes or claims, and other similar matters.
While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the
forward-looking information. Such factors include risks inherent in the exploration; risks relating to variations in mineral resources and mineral
reserves, grade or recovery rates resulting from current exploration and development activities (including risks that new mineral resources may
not be established, or the anticipated expansion potential of existing mineral resources/reserves may not be realized); risks relating to changes
in gold, nickel and coal prices and the worldwide demand for and supply of gold, nickel and coal risks related to increased competition in the
mining industry generally; risks related to current global financial conditions; uncertainties inherent in the estimation of mineral resources and
mineral reserves; access and supply risks; reliance on key personnel; operational risks inherent in the conduct of mining activities including the
risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or regulatory risks, including risks relating to the
acquisition of the necessary licenses and permits, capitalization and liquidity risks, risks related to disputes concerning property titles and
interest, and environmental risks.
This list is not exhaustive of the factors that may affect any of the Company's forward -looking information. These and other factors should be
considered carefully and readers should not place undue reliance on the Company's forward-looking information. The Company does not
undertake to update any forward-looking information that may be made from time to time by the Company or on its behalf, except in
accordance with applicable laws.

3. DEVELOPING BOUTIQUE MINING SOLUTIONS IN SUNRISE
JURISDICTIONS – THE EXPERIENCES AND THE CHALLENGES
 The pendulum has swung…
 Demand has shifted…
 We live in a Sunrise Jurisdiction…
 The food chain is dysfunctional…

4. Personal Disclosure…

5. …and come along… let’s go
take a look

6. demand shift

9. Globally there have been problems in bringing
new mine capacity on stream. With little new
greenfields exploration taking place at this
time, the pipeline of high-quality mining
projects is not replenished
– John P. Sykes
Minerals exploration takes place over long
timescales, however, “success” is judged
along much shorter timescales…
”

11. The exploration sector remained depressed again in 2016 and, after a record
high of more than US$20.5 billion in 2012, exploration budgets have now
fallen for four consecutive years.
The 2016 exploration budgets by 1,580 companies totalled only US$6.89
billion, a year-on-year drop of 21% and barely one-third of the level budgeted
in 2012.
Average 2016 exploration budget among the surveyed companies was US$4.4
million, the lowest since 2009, and the median budget was US$800,000, which
is the smallest in more than a decade.
With the low level of exploration at earlier-stage projects in recent years, it is
no surprise that initial resource announcements have been
declining. the number and value of initial resources peaked in 2008 and again
in 2012.
The steep decline after the 2008-09 financial crisis has been surpassed by the
low numbers of new deposits announced in recent years.

12. “Time is money,
and if permit
approval times
are unnecessarily
long or lack
transparency,
confidence
plummets,
overall costs
increase and
investors will
take their money
elsewhere”
THE CHALLENGES
• It’s all about perception…
• Ghosts from the past …
• Philippines and Indonesia amongst the 10 least attractive
jurisdictions for investment based on PPI* rankings - Fraser
Institute (5th and 6th from bottom)
• Best Practices Mineral Potential Index has Malaysia scraping
in 3rd from bottom, with Philippines at 10th and Indonesia at
48th place out of 104 countries – the Yo-yo effect…
• Vietnam, Thailand, Laos did not make the Survey…
• Limited infrastructure
• Lack of power
• Government support
*PPI – Policy Perception Index

13. Alaska had
three new
gold strikes
in the last 6
years…
…so I hear you ask why be here then…
• Do you really think Grasberg was a one trick pony?
• Map says “dragons be here” everywhere you look
• Eternal optimists
• Risk is risk – dace it, understand it, deal with it
1.Huge Indonesia Gold Strike May Have Been Exaggerated - …
2.www.nytimes.com/1997/03/27/business/huge-indonesia-gold-strike-may...
3.Mar 27, 1997 · Bre-X Minerals, small Canadian company claiming to have made world's righest gold strike in
jungles of Indonesia, concedes it may have overestimated size ...
• Need WANT to grow juniors to grow to mid-tiers

14. How to make it in a tough neighborhood
• Baby steps
• Choose your targets carefully
• Focus on that you do best
• Get creative
• Embrace risk
• Make friends… carefully
• Learn to share and co-operate
• Small is beautiful
- it’s all about getting access to funding and for that one has to increasingly get
“out of the box” …or we have to educate them moneybags better…
“one man’s meat is another man’s poison”

15. Getting in the Coal door and up the ladder
• Trading coal
• JV to trade coal
• JV to mine and trade
• JV to explore, develop and mine
• Sole ownership mines
• Public listing of select projects

16. Small is beautiful, is quick to cash,
Is growing the food chain
• Small ops - produce and sell concentrate (mostly JV)
• Inject cash, expertise, technology
• Generating cash for expansion and exploration
• More operations
• Larger operations
• Every project is one nearer that elephant…

17. Taking Minerals Processing to New Heights
• ASMC only distributor of APT technologies & processing in SEA
• Scalable from one man operations to 500 tph
• Gold, Graphite, Tin, Chrome, Tantalite, Diamonds, Gemstones
• Growing global bans on use of mercury – HeeeHaaa!
• Improved technologies
• Quick startup
• Mineral Testwork and Plant Design

18. ASMC & PT SAMBAS Mineral Mining JV
Nickel in Sulawesi

19. Rome was not built in a day…
“Be a philosopher – but, amidst all your
philosophy, be still a man”
- David Hume, An Enquiry Concerning Human Understanding, 1748