This corporate presentation provides an overview of Spider Resources Inc., a mineral exploration company focused on projects in Northern Ontario's James Bay Lowlands region. Key points include Spider's land holdings and projects exploring for chromium, copper, zinc, and diamonds. Upcoming planned exploration includes 11,000 meters of drilling on the Big Daddy Chrome project and drilling on the McFaulds VMS project. The presentation discusses Spider's management team and provides updates on its main projects and exploration activities.

1. Corporate
Presentation
A pioneer in exploration and discovery in James
Bay Lowlands area of Northern Ontario

2. Caution to readers – forward looking statements
This presentation contains certain “forward-looking statements” and “forward-looking information” under applicable
securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-
looking statements. Forward-looking statements are frequently characterized by words such as
“plan”, “except”, “project”, “intend”, “believe”, “anticipate”, “estimate”, and other similar words, or statements that
certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and
estimates of management at the date the statements are made, and are based on a number of assumptions and
subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements. Assumptions upon which such forward-looking
statements are based included that transactions will be completed, that all required third party
regulatory, governmental and shareholder approvals for transactions will be obtained and all other conditions to
completion of the transactions will be satisfied or waived. Many of these assumptions are based on factors and
events that are not within the control of Spider Resources Inc. and there is no assurance they will prove to be
correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking
statements include changes in market conditions and other risk factors discussed or referred to in the annual
Management‟s Discussion and Analysis filed with the applicable securities regulatory authorities and available at
www.sedar.com. Although Spider has attempted to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking statements, there may be other factors that
cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Spider undertakes no obligation to update forward-looking statements if
circumstances or management‟s estimates or opinions should change except as required by applicable securities
laws. The reader is cautioned not to place undue reliance on forward-looking statements. All dollar amounts are in
Canadian dollars unless otherwise noted.

3. Corporate Highlights
• Spider is quoted for trading as “SPQ” on the TSX.V exchange
•316,211,267 common shares currently issued
•29,985,018 options, 40,103,333 warrants (fully diluted 386,300,118)
• $2.6 million cash on hand as of March 31, 2009 (Q1/09 financials)
• An estimated $2.8 million (Spider portion) summer/fall (2009) drill
program proposed on the Big Daddy Chrome property (formerly
Freewest option property)
•Experienced, well rounded Board of Directors, with proven
financing, exploration, and discovery ability, adding shareholder
value
•Long term (17 years) explorer in the James Bay Lowlands “Ring of
Fire” area, first to recognize multi-metal potential of this area
•Discoverer of diamonds, Cu, Zn, Au, Ag, Cr, and PGE‟s.

4. Management and Board of Directors
• Earl Coleman – Chairman of the Board, Director
• Neil Novak, P.Geo – President, CEO, Director
• Carmelo Marelli, C.A. - CFO
• Richard Hamelin – VP Finance, Director
• Dr. James Franklin, P.Geo. – Director
• Norman Brewster, P.Geo. – Director
• Bryan Wilson – Director
• Greg Roberts – Director
• Carmen Diges, L.L.B., C.F.A. – Corporate Secretary

5. Main Exploration Projects
•Big Daddy Chrome Project – a major, exciting Chrome discovery on the
Freewest Option Property located in the James Bay Lowlands
“Ring of Fire” located 4 kilometres to the NE of Noront‟s Eagle
1 Magmatic Massive Sulphide Deposit, Spider has earned 25%
interest from Freewest under Dec. 2005 option agreement,
Spider can earn an additional 5% in conjunction with KWG‟s
efforts to earn an additional 5%, Spider is operator through to
March 31, 2010. Drilling planned for 2009
• McFaulds Lake Project –10 VMS discoveries starting in 2003, all
located in the “Ring of Fire”. McFaulds 1 and 3 have undergone
recent resource estimates, filed NI 43-101 report in 2008 (Spider
optioned project to UC Resources, Spider to contribute after UC
earns up to 55%, Spider to maintain 30% interest). Drilling
planned for 2009

6. Spider’s “Ring of Fire” Land Position

7. 2008 Operations – Big Daddy
In 2008 Spider‟s exploration efforts were focused on the Big Daddy
Chrome Project where;
•Nearly 7 km (6,989 metres) were drilled in 19 holes over the Big
Daddy Chrome property;
•2,837 samples were sent for analytical testing for chromium and
other metals;
• A well mineralized chromium enriched zone was drill tested over
400 metres strike length, trending along the southeast edge (top) of a
steeply dipping, northeasterly trending magnetically rendered
peridotite sill;
•Additional ground geophysics was completed over property, as an
aid in planning the initial drilling;
•Property boundary was cleared out, in anticipation of perimeter
survey.

8. 2009 Operations/Planning
Big Daddy Chrome Project
Recent (winter 2009) ground gravity and magnetic gradient
surveys, have further rendered, refined, and focused drill targeting.
• NI-43-101 report by Micon International filed in March 2009 outlining
scope of work of next phase of exploration, chrome target area was
further defined as result of winter 2009 geophysical surveys
• 700 metre strike length yet to be tested to the NE from last drill
section based upon new geophysical information
•Additional geophysical targets exist on property, some of which are
MMS and/or VMS style targets, to be considered for additional work
including Pulse EM, followed by drilling if warranted;
•Summer/Fall 2009 program planned to encompass ~11,000 metres
of drilling (utilizing two drills), to produce preliminary resource
estimate, perimeter survey, base line environmental study, additional
geophysical surveying, costing an estimated $5.6 million (shared
50:50 with KWG), Spider‟s share would be ~ 2.8 million.

9. Big Daddy Geophysics
• Winter 2009 Gravimetric
Survey with Bouguer
Anomaly contours over the
Freewest Option Property
(southwest claim)
• Highlights the “Big Daddy”
Chrome occurrence as seen
in circle.

10. Big Daddy Geophysics
• Historical Drilling in 2006 (1
hole), early 2008 (3 holes)
and late 2008 (11 holes) has
tested only ~400
metres, outlined in blue, of
the ~1100 metre long
anomaly, leaving 700 metres
of potential strike length to
test. 1100 metres

11. Big Daddy Animation

12. McFaulds VMS Project
The McFaulds Project is located in the James Bay Lowlands, the area of one
of Canada‟s newest exploration camps, and an exciting area of new, multi -
metal discoveries by several exploration companies.
The project encompasses 141 staked claims (~32,000 hectares) and has had
a total of 84 holes drilled between 2003 and 2008.
Highlights include discovery of 10 individual VMS occurrences, of which 2
have undergone detail drilling with resource estimates (NI 43-101 technical
reports filed on SEDAR). The best drill intersection encountered 18.8m
averaging 8.02% copper (Hole McF-04-57) in McFaulds #3 occurrence.
UC Resources Inc has an Option to earn up to 55% ownership in the project
by spending $4.5 million on the project over 4 years (UC has earned 25%
thus far by incurring in excess of $2.0 million prior to March 2009).
UC advises that they have recently completed ZTEM survey over MCF-
05, 06 as well as another target, planning drill program for summer 2009

13. McFaulds VMS Project
Cpy-Sph polymetallic massive sulfide
MCF-04-41
MCF #1

14. Exploration Projects (other projects)
•Kyle Kimberlite Project – Spider discovered diamondiferous 5 kimberlites NE of the “Ring of
Fire” area in the mid-1990‟s. Filed NI 43-101 report in 2008 (Spider optioned project to
Renforth, Spider only contributes after Renforth earns up to 55% , Spider maintains 30% interest)
•Diagnos Initiative Project – a conceptual project within the Ring of Fire, using statistical
analysis of proprietary geophysical datasets to generate targets similar to other known successfully
tested targets. Six properties were acquired, airborne surveys completed resulting in one priority
drill target (50:50 partnership with KWG, Spider is operator as per May 2006 JV agreement)
• Wawa Diamond Project – Spider discovered several diamond occurrences along the Trans
Canada Highway, near Wawa, in 1996. Advanced contribute or dilute once Spider has earned
66.66% interest, Spider is operator of project, per one occurrence to drill phase in 2008, samples in
lab for analysis (KWG to May 2006 JV agreement)
•MacFadyen Diamond Project – a diamond exploration project near the Victor Diamond
Mine, 100 tonne bulk test planned by Debuts Diamond (KWG controls Debuts, Spider to contribute
to maintain 33.33%, KWG is operator per May 2006 JV agreement)

15. Kyle Kimberlite Project
•This project consists of five kimberlites (K1 – K5) discovered
between 1994-96 by Spider. Subsequent drill testing continues to
confirm that each kimberlite is diamond bearing.
•Spider optioned this project in 2006, to Renforth Resources whereby
Renforth can earn 55% by spending $6 million over 4 years.
•Renforth requested an amendment to agreement in 2008 to reflect
missed minimum earn-in by July 2007, received extension and
committed to expenditure by end of 2008.
•Expended $3.49* million by end of 2008 on project (*2008 year end
financials of Renforth).
•Renforth has 18 other claims in area that form part of this Project

16. Kyle 1 Kimberlite
Kyle 1
Kyle 3

17. Kyle 3 Kimberlite
Kyle 3

18. Kyle 2 Kimberlite
•Renforth drilled two holes in 2007 to
as preliminary test of this kimberlite,
recovered one commercial diamond
•More worked completed during 2008
with continuation of testing to get to 5
metric tonnes of this kimberlite,
results to be added to earlier testwork
to come up with estimated cpt grade
based upon mini-test for commercial
sized diamonds.

19. Kyle 4 and 5 Kimberlites
Kyle 4 and 5 kimberlites underwent testing in 2008, results pending

20. SUMMARY (PLANS 2009-2010)
Big Daddy Chrome Project
Aggressive Drill Program to test entire 1.1 km potential
strike length as defined by residual gravity survey.
Metallurgical Program underway at SGS Lakefield.
Independent Resource Estimate planned for completion by
March 2010… including Pit Optimization and Economic
review. Perimeter Survey to start to bring unpatented
claims to lease status. Base Line Environmental Monitoring
Program to commence in summer „09

21. SUMMARY (PLANS 2009-2010) cont.
McFaulds Project
UC to continue exploration to achieve their 55% earn-in, currently
estimate to expend sufficient to earn up to 40% during summer „09
Kyle Project
Renforth to complete test-work on samples already procured from
K2, K4 and K5, have met current spend requirements to July „09
Wawa Project
Spider to complete diamond recovery on drill samples selected from
Lalibert showing, estimate at $100,000
Diagnos Initiative Project
KWG and Spider contemplating drilling one hole to test target
immediately east of ROF, estimate at $150,000 ($75K each)

22. On Behalf of Spider
Thank-you
Please visit our website soon
(update underway)
www.spiderresources.com
Telephone 416 203 8636