Navarre Minerals ASX:NML - Investor presentation delivered at the 4th annual Resources Investment Symposium held in Broken Hill NSW Australia, 26-28 May 2014.

1. HUNTING BIG COPPER
The search for porphyry copper – gold deposits in Victoria
ASX: NML
Navarre Investor Presentation
26 May 2014

2. The information contained in this presentation is provided by Navarre Minerals Limited (Navarre) and other sources identified herein. No representation or warranty, express or implied, is
made by Navarre or any adviser or any of their respective affiliates or representatives as to the accuracy or completeness of such information. Nothing contained in this presentation is or
shall be relied upon as, a promise or representation by any of Navarre or any such advisers, their respective affiliates or representatives.
The information contained in this presentation is for informational purposes only and is not a recommendation as to whether to invest in Navarre shares. The information contained in this
presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without
taking into account the investment objectives, financial situation or particular needs of any particular person. Unless otherwise specified, data and tables set out in this presentation are
based on Navarre management estimates.
This presentation does not include all available information on Navarre, and any potential investor should also refer to Navarre’s Annual Reports and ASX releases and take independent
professional advice before considering investing in Navarre. For more information about Navarre Minerals Limited, visit the website at www.navarre.com.au.
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this
presentation. To the maximum extent permitted by law, none of Navarre or its directors, or any of their employees or agents, nor any other person accepts any liability, including, without
limitation, any liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty,
express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, projections, prospects or returns contained in
this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.
Past performance is no guarantee of future performance.
This presentation may contain “forward-looking statements” within the meaning of securities laws of applicable jurisdictions. Forward-looking statements can generally be identified by the
use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “continue”, “objectives”, “outlook”, “guidance” or other similar words, and
include statements regarding certain plans, strategies and objectives of management and expected financial performance. These forward-looking statements involve known and unknown
risks, uncertainties and other factors, many of which are outside the control of Navarre and any of its officers, employees, agents or associates. Actual results, performance or
achievements may vary materially from any projections and forward-looking statements and the assumptions on which those statements are based. Readers are cautioned not to place
undue reliance on forward-looking statements and Navarre assumes no obligation to update such information.
The contents of this presentation must not be photocopied, reproduced, disclosed or distributed to any other person without the prior written consent of Navarre.
COMPETENT PERSON STATEMENT
The information in this presentation that relates to Exploration Results, Mineral Resources and Exploration Potential is based on information compiled by Mr Wessley Edgar. Mr Edgar is an
employee of Navarre Minerals Limited, is a member of the Australasian Institute of Mining and Metallurgy and is a Competent Person under the definition of the 2012 JORC Code. The
Exploration Potential described in this Presentation is conceptual in nature, and there is insufficient information to establish whether further exploration will result in the determination of
a Mineral Resource. Mr Edgar consents to the publication of this information in the form and content in which it appears.
The information in this presentation that relates to Exploration Targets refers to targets that are conceptual in nature, where there has been insufficient exploration to define a Mineral
Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
The information on porphyry copper and gold Exploration Targets in this presentation are based on a conceptual range of targets as follows:
Tonnage range: 300 million to >500 million tonnes
Grade range: 0.3% Cu to 2.0% Cu & 0.3 g/t Au to 2 g/t Au
Metal: 1Mt contained copper & >0.5 million ounces of gold
Forward-Looking Statement & Disclaimer
1

3. Navarre Minerals Limited
We are a copper & gold exploration company targeting early to advanced stage projects
We aim to discover Victoria’s first major porphyry copper & gold deposit
 2,320km² landholding in western & central Victoria
 Flagship Western Victoria Copper Project – four porphyry-Cu prospects
 Drilling first major porphyry target commencing in June 2014
2

4.  ASX CODE: NML
 64.24m Ordinary Shares on Issue
 Market Capitalisation:
Approx. A$4.75m*
*based on $0.074 share price
Corporate Overview - Tightly held capital structure
Major Shareholders
Crocodile Gold Corp 15%
Board & management 22%
John Darroch & family 5%
Lujeta Pty Ltd 3%
3

5. Board and Management – highly experienced leadership team
Kevin Wilson Chairman Geologist & investment banker with 30+ years’ experience
Geoff McDermott Managing Director Geologist with 28 years of international experience
John Dorward Non-Exec Director 18 years of mining & finance industry experience
Colin Naylor Non-Exec Director Accountant with 22 years’ experience in the resource sector
Jane Nosworthy Company Secretary 10+ years’ experience in legal, commercial & company secretary
Wess Edgar Exploration Manager Geologist with 24 years of experience
4

6. Miga Arc
Victoria’s emerging copper – gold porphyry province
 Similar to Andes, largest known copper porphyry
mines, but at an early stage of exploration
 Comparable to Macquarie Arc
(Cadia Valley & North Parkes mines)
 Volcanic arcs host large deposits - porphyry
copper, epithermal base metal & gold deposits
 Porphyries occur in clusters & are large, low-
grade deposits of more than 500Mt with
0.3% - 2% copper
0.3g/t - 2g/t gold
5

7. The Emergence of Victorian Copper
6
Eclipse
prospect

8.  Total area 1,278km²
 100% owned
 130kms of volcanics with no deep drill holes
 Four confirmed porphyry prospects:
 Eclipse
 Lexington
 Pollockdale
 Glenlyle
 Close to established infrastructure
Western Victoria Copper Project
7

9. Eclipse Prospect
Advancing towards a porphyry Cu-Au discovery
 3 large targets: 2 undrilled; no deep
drilling
 Shallow drilling of IP Target 1:
Discovery of enriched copper (chalcocite)
30m below surface
Discovery of broad gold zone containing
high grades up to 5.6g/t Au
Shallow gold & copper part of a deeper &
larger anomaly
 Follow-up 3,000m angled RC drill
program starts June 2014
8

10. IP survey detects deeper copper &
gold target
 32m @ 0.5% Cu & 0.5g/t Au from 28m
 9m @ 0.4% Cu & 0.8g/t Au from 28m
 10m @ 0.3% Cu & 0.7g/t Au from 30m
 5m @ 1.8% Cu within 23m @ 0.7% Cu
from 30m
* See NML ASX release 24 March 2014
Eclipse Prospect – potential ore grade shallow drill results*
9
IP Target 1

11.  Three large targets – only IP Target 1 superficially tested to date
 Shallow drilling shows match of high-chargeability with shallow Cu-Au sulphide zone
 Secondary chalcocite (enriched copper) indicates deeper porphyry copper source
 IP Target 1 upper gold & copper zone linked to deeper, larger IP chargeability anomaly
 Prospect area is under-drilled & under-explored
Eclipse – compelling exploration potential
10
Testing a major porphyry copper-gold target for the first time

12. Lexington Prospect
next cab off the rank!
* Source: open file data of North Exploration11
 Porphyry confirmed by
previous drilling:
 Porphyry- style alteration
 Copper up to 0.6%*
 Molybdenum up to 800ppm*
 500m x 700m chalcocite
blanket with minor native
copper only limited by drill
testing
 under-drilled & under-
explored

13. Lexington Prospect - Positive signs for a discovery
 Highly anomalous
geochemistry & quartz veining
 Granodiorite porphyry core
 Tectonic quartz veining
 Sulphide in surface rocks
Lexington magnetic image
12
Chalcocite
blanket

14. Eclipse Prospect:
 3,000m RC drill program, June 2014
 Diamond drill design & permitting, Q4 2014
Lexington Prospect:
 Surface geochemical surveys
 Geophysics surveys – magnetics & IP
 Air-core drill program, Q4 2014
Regional exploration
 Mapping & soils program over 50+
identified targets
2014 Proposed Exploration Program
Testing a major porphyry copper-gold target for the first time
Eclipse RC drilling – Jan 201413

15. Bendigo North Gold Project
 Farm-out to Catalyst Metals Limited
 51% interest by spending $3M over 4 years
 Final agreement due late May 2014
Landsborough Fault Gold Project
 Potential satellite deposits to Stawell Mine
 2012 drilling at Kingston intersected
16.9m @ 5.5g/t Au from 65.7m
Stawell Corridor Gold Project
 Ararat & Tatyoon, 5Moz Stawell Mine look-alike
 Targeting shallow long-life, fine gold deposits
Pipeline of Projects
14

16. Western Victoria Copper Project is an exceptional opportunity
 Emerging under-explored Cu-Au porphyry province with giant deposit potential
 Similar to Macquarie Arc’s Cadia Valley & North Parkes region at early-stage exploration
 Independent studies suggest proximity to porphyry Cu-Au at depth
 Drilling planned for Eclipse, first major porphyry target starting in June 2014
 50+ regional targets to follow-up
Summary
15

17. Contact Us:
Navarre Minerals Limited
Geoff McDermott
40-44 Wimmera Street
Stawell
VIC Australia 3380
Tel: 03 5358 8625
Website: www.navarre.com.au
Email: info@navarre.com.au
Navarre Minerals Limited
16
Thank You