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An Option on a
World Class Minerals Package
Beijing Mines & Money
June 2012
Mike Palmer, CEO Phone: +61 2 8920 2300 Mobile: +61 418 950 694
Foyson Resources Snapshot
	Undervalued Leverage to potential World Class projects
	Focus on Papua New Guinea islands & coast, providing favourable logistics
  & proximity to major developments
	Amazon Bay - large, well located iron sands project with vanadium &
  titanium credits
	Multiple gold/copper projects - located on same geological structures as
  major mines (Lihir, Simberi)
	Strong management track record
	Clear strategy & structure for shareholders value creation
	ASX Code “FOY”; market cap $6 million; based in Sydney


                                                           An Option on a World Class Minerals Package
foyson...abundant harvest   Strategy for Creating Shareholder Value May 2012                  June 2012
Amazon Bay - Undervalued Leverage
  Significantly under valued when compared to ASX listed peers with iron-vanadium-
  titanium resources
                           Company               ASX            Resource1 (tonnes)                 Location            Market Cap2 ($M)
IRON SANDS HARD ROCK




                            Foyson                FOY                 630 million3                     PNG                    6
                          Indo Mines              IDO                  165 million                 Indonesia                 66
                       Amex Resources             AXZ                 220 million                       Fiji                  71

                              TNG                TNG                   160 million                      NT                   30
                           Speewah               SPM                    4.7 billion                     WA                    16
                       Balla Balla Project          -                 450 million                       WA                   40

  1
             Resources as defined by Company
  2
             As at 1 June 2012
  3
             Refer Disclaimer Cautionary Statement

                                                                        An Option on a World Class Minerals Package
 foyson...abundant harvest               Strategy for Creating Shareholder Value May 2012                  June 2012
Proximity to World Class Projects
                                                                                           Proximity to World Class Mining Projects
  140o                  142o                        144o                                146o                                   148o                    150o                                      152o                           154o                156o o
 2o                                                                                                                                                                                                                                                    2

                                                                                                                    Lorengau



               Vanimo                                                           MANUS                                     MUSSAU                                                 Kavieng             SIMBERI


                                                                                                                                                                                                               LIHIR
                                                                                                                                                      New Ireland
                                                    Wewak                                                                                          LEGUSULUM                                                           TANGA
                                                                                                                                                                                                                 Namatanai
                                                                                                                                                                                       SOLWARA
 4o                                                                                                                                                                                                                                                    4o
                                                                                                                                                                                               Rabaul




                        FRIEDA
                                                                                                                                                          New Britain                      SINIVIT
                                                                                                                                                                                                                   PALABONG
              OK TEDI                                                                  Madang
                                                                                                                                                              Hoskins
              Tabubil                       Wabag
                                 PORGERA                   Mt Hagen    RAMU

 6o
                                                    YANDERRA                                                                                              Kimbe
                                                                                                                                                                                       NORTH NEW BRITAIN                                               6o



                                                                                                                                                                                      ATUI
                                                                                         KAINANTU                                                                                                                                           Kieta
                                                                         Chimbu            Yonki


                                                                              Goroka
                                                                                                                                                   Kandrian
                                                                                                                                                                                                                             Bougainville

                                                                                                                                                                   PAPUA
                                                                                                            Lae
                                                                          WAFI-GOLPU
                                                                                                   Wau




 8o
                                                                                                HIDDEN
                                                                                                VALEY
                                                                                                                                                                 NEW GUINEA                                                                            8o
                                                                               Kembra

                                                                                                               TOLUKUMA


                                                                                                                                      Popondetta


                                                                                                                                                                                                                                                             LEGEND
                                             Daru
                                                                                                                                                                                             WOODLARK


                                                                                                     Port Moresby



                                                                                                                                                                                                                                                              Foyson Projects
 10o                                                                                                                                                                                                                                                   10o



                                                                       GOLDEN PEAK                                                                                      Alotau
                                                                                                                                                                                                                 MISIMA
          0             100           200
                                                                                                    AMAZON BAY                                                                                                                                                Existing &
              UPDATED MAY 2012                                                                              POI                                                                                                                                               Potential Mines
 12o                                                                                                                                                                                                                                                   12o
   140o                 142o                        144o                                146o                                   148o                    150o                                      152o                           154o                156o




                                                                                                     An Option on a World Class Minerals Package
foyson...abundant harvest                                             Strategy for Creating Shareholder Value May 2012                  June 2012
New Corporate StructureStructure
        Revised Corporate




              100%                                            50% plus 50% Option                                             100%



     New Ireland Holdings Limited                        Amazon Bay Holdings Limited                              Titan Resources Pty Ltd
              Gold/Copper                                 Iron sands/Vanadium/Titanium                                 Gold/Copper




	     New management
	     New strategy for prioritising projects
	     New approach to project development
	     New corporate structure
	     Recapitalise
	     New company name

                                                                   An Option on a World Class Minerals Package
foyson...abundant harvest           Strategy for Creating Shareholder Value May 2012                  June 2012
Amazon Bay Iron Sands - Overview
	Over 100 km stretch of coast line, 200 km south east of Port Moresby		
	Focus on 30 km long Threadfin area, which has exploration target of 		
  630 million tonnes 1
	Concentrate of 55% Fe, 1% V2O5 & 17% TiO2
	Plan to drill Threadfin to JORC status in CY2012
	Metallurgical processes now exists to separate out high purity 		
  vanadium and titanium products
	Low cost, well tested production process - similar to BlueScope Steel at
  Waikato, New Zealand
1
    	   Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation.
	       Refer Disclaimer Cautionary Statement


                                                                   An Option on a World Class Minerals Package
foyson...abundant harvest           Strategy for Creating Shareholder Value May 2012                  June 2012
Amazon Bay Proposed Drilling




                            1600m




Radiometrics draped over Google Earth

                                                             An Option on a World Class Minerals Package
foyson...abundant harvest     Strategy for Creating Shareholder Value May 2012                  June 2012
Gold/Copper Projects - Proximity to World Class Mines
Mussau Island

	Located on the same volcanic arc as Lihir (56Moz) and Simberi (6.5Moz)
	Mostly unexplored because of
  limestone cover
	Exposed volcanic rocks contain
  epithermal veins with up to 28g/t
  gold (BHP past exploration)
	Proposed exploration:
	 -	 Airborne magnetics
	 -	 Drill through cover



                                                           An Option on a World Class Minerals Package
foyson...abundant harvest   Strategy for Creating Shareholder Value May 2012                  June 2012
Gold/Copper Projects - Proximity to World Class Mines
Legusulum
	Under-explored porphyry Cu-Au project
	Same volcanic arc as Panguna
  (23Moz Au, 6.5Mt Cu in resources
  and past prod)
	1980’s – Esso estimate 30Mt at 0.25%
  Cu (not JORC) based on old drilling
	Recommended by Esso:
	 -	 IP survey
	     -	 Deep drilling (>900m)
	     -	 Scout drill untested leach cap and
         covered surrounds


                                                           An Option on a World Class Minerals Package
foyson...abundant harvest   Strategy for Creating Shareholder Value May 2012                  June 2012
Gold/Copper Projects - Proximity to World Class Mines
New Britain




  	Undrilled porphyry Cu-Au at ATUI on a known porphyry trend – IP and drilling
    underway
  	Significant rock chip occurrences to be followed up

                                                           An Option on a World Class Minerals Package
foyson...abundant harvest   Strategy for Creating Shareholder Value May 2012                  June 2012
Foyson Resources Conclusions


	Expenditure focussed on contribution to creating shareholder value
	Undervalued leverage to major Iron Sands, Vanadium and Titanium project
	World class PNG gold/copper tenement package with immediate 			
  drill targets
	Management track record of project delivery




                                                           An Option on a World Class Minerals Package
foyson...abundant harvest   Strategy for Creating Shareholder Value May 2012                  June 2012
Foyson Resources Ltd
NOTICE AND DISCLAIMER CAUTIONARY STATEMENT
This document has been prepared by Foyson Resources Ltd (the Company). This document contains background information about the Company and its projects current
at the date of this document. It does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order
to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this document.

The document is for information purposes only. Neither the document nor the information contained in it constitutes an offer, invitation, solicitation or recommendation
in relation to the purchase or sale of shares in any jurisdiction. This document may not be distributed in any jurisdiction except in accordance with the legal requirements
applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction.

To the fullest extent permitted by law, Foyson Resources Ltd, its officers, employees, agents and advisers do not make any representation or warranty, expressed or implied,
as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this document.
No responsibility for any errors in or omissions from this document is accepted.

Where Foyson Resources Ltd expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to
have a reasonable basis.

1	
     To the extent that there is information set out in this document, any potential quantity and grade is conceptual in nature, as there has been insufficient
     exploration to define a mineral resource under the JORC Code and it is uncertain if further exploration will result in the determination of a mineral resource
     under the JORC Code. Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation.

	
     The information contained in this document that relates to Exploration Results or Mineral Resources or Ore Reserves is based on information compiled by Mr
     Chris Young who is a Member of the Australian Institute of Geoscientists. Mr Young has sufficient experience which is relevant to the style of mineral 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 Mineral Resources and Ore Reserves”. Mr Young consents to the inclusion in this presentation of the matters based on his information in the
     form and context in which it appears.




                                                                         An Option on a World Class Minerals Package
foyson...abundant harvest                 Strategy for Creating Shareholder Value May 2012                  June 2012

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BEIJING MINES & MONEY – JUNE 2012

  • 1. An Option on a World Class Minerals Package Beijing Mines & Money June 2012 Mike Palmer, CEO Phone: +61 2 8920 2300 Mobile: +61 418 950 694
  • 2. Foyson Resources Snapshot  Undervalued Leverage to potential World Class projects  Focus on Papua New Guinea islands & coast, providing favourable logistics & proximity to major developments  Amazon Bay - large, well located iron sands project with vanadium & titanium credits  Multiple gold/copper projects - located on same geological structures as major mines (Lihir, Simberi)  Strong management track record  Clear strategy & structure for shareholders value creation  ASX Code “FOY”; market cap $6 million; based in Sydney An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 3. Amazon Bay - Undervalued Leverage Significantly under valued when compared to ASX listed peers with iron-vanadium- titanium resources Company ASX Resource1 (tonnes) Location Market Cap2 ($M) IRON SANDS HARD ROCK Foyson FOY 630 million3 PNG 6 Indo Mines IDO 165 million Indonesia 66 Amex Resources AXZ 220 million Fiji 71 TNG TNG 160 million NT 30 Speewah SPM 4.7 billion WA 16 Balla Balla Project - 450 million WA 40 1 Resources as defined by Company 2 As at 1 June 2012 3 Refer Disclaimer Cautionary Statement An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 4. Proximity to World Class Projects Proximity to World Class Mining Projects 140o 142o 144o 146o 148o 150o 152o 154o 156o o 2o 2 Lorengau Vanimo MANUS MUSSAU Kavieng SIMBERI LIHIR New Ireland Wewak LEGUSULUM TANGA Namatanai SOLWARA 4o 4o Rabaul FRIEDA New Britain SINIVIT PALABONG OK TEDI Madang Hoskins Tabubil Wabag PORGERA Mt Hagen RAMU 6o YANDERRA Kimbe NORTH NEW BRITAIN 6o ATUI KAINANTU Kieta Chimbu Yonki Goroka Kandrian Bougainville PAPUA Lae WAFI-GOLPU Wau 8o HIDDEN VALEY NEW GUINEA 8o Kembra TOLUKUMA Popondetta LEGEND Daru WOODLARK Port Moresby Foyson Projects 10o 10o GOLDEN PEAK Alotau MISIMA 0 100 200 AMAZON BAY Existing & UPDATED MAY 2012 POI Potential Mines 12o 12o 140o 142o 144o 146o 148o 150o 152o 154o 156o An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 5. New Corporate StructureStructure Revised Corporate 100% 50% plus 50% Option 100% New Ireland Holdings Limited Amazon Bay Holdings Limited Titan Resources Pty Ltd Gold/Copper Iron sands/Vanadium/Titanium Gold/Copper  New management  New strategy for prioritising projects  New approach to project development  New corporate structure  Recapitalise  New company name An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 6. Amazon Bay Iron Sands - Overview  Over 100 km stretch of coast line, 200 km south east of Port Moresby  Focus on 30 km long Threadfin area, which has exploration target of 630 million tonnes 1  Concentrate of 55% Fe, 1% V2O5 & 17% TiO2  Plan to drill Threadfin to JORC status in CY2012  Metallurgical processes now exists to separate out high purity vanadium and titanium products  Low cost, well tested production process - similar to BlueScope Steel at Waikato, New Zealand 1 Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation. Refer Disclaimer Cautionary Statement An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 7. Amazon Bay Proposed Drilling 1600m Radiometrics draped over Google Earth An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 8. Gold/Copper Projects - Proximity to World Class Mines Mussau Island  Located on the same volcanic arc as Lihir (56Moz) and Simberi (6.5Moz)  Mostly unexplored because of limestone cover  Exposed volcanic rocks contain epithermal veins with up to 28g/t gold (BHP past exploration)  Proposed exploration: - Airborne magnetics - Drill through cover An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 9. Gold/Copper Projects - Proximity to World Class Mines Legusulum  Under-explored porphyry Cu-Au project  Same volcanic arc as Panguna (23Moz Au, 6.5Mt Cu in resources and past prod)  1980’s – Esso estimate 30Mt at 0.25% Cu (not JORC) based on old drilling  Recommended by Esso: - IP survey - Deep drilling (>900m) - Scout drill untested leach cap and covered surrounds An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 10. Gold/Copper Projects - Proximity to World Class Mines New Britain  Undrilled porphyry Cu-Au at ATUI on a known porphyry trend – IP and drilling underway  Significant rock chip occurrences to be followed up An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 11. Foyson Resources Conclusions  Expenditure focussed on contribution to creating shareholder value  Undervalued leverage to major Iron Sands, Vanadium and Titanium project  World class PNG gold/copper tenement package with immediate drill targets  Management track record of project delivery An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
  • 12. Foyson Resources Ltd NOTICE AND DISCLAIMER CAUTIONARY STATEMENT This document has been prepared by Foyson Resources Ltd (the Company). This document contains background information about the Company and its projects current at the date of this document. It does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this document. The document is for information purposes only. Neither the document nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This document may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. To the fullest extent permitted by law, Foyson Resources Ltd, its officers, employees, agents and advisers do not make any representation or warranty, expressed or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this document. No responsibility for any errors in or omissions from this document is accepted. Where Foyson Resources Ltd expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. 1 To the extent that there is information set out in this document, any potential quantity and grade is conceptual in nature, as there has been insufficient exploration to define a mineral resource under the JORC Code and it is uncertain if further exploration will result in the determination of a mineral resource under the JORC Code. Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation. The information contained in this document that relates to Exploration Results or Mineral Resources or Ore Reserves is based on information compiled by Mr Chris Young who is a Member of the Australian Institute of Geoscientists. Mr Young has sufficient experience which is relevant to the style of mineral 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 Mineral Resources and Ore Reserves”. Mr Young consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears. An Option on a World Class Minerals Package foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012