1 The Gold Symposium – October 2012

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The information provided in this presentation is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission nor regulatory authority has reviewed the accuracy or adequacy of the information presented.

This presentation contains forward-looking statements which address future events and conditions which are subject to various risks and uncertainties. The Company’s actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company’s control. These factors include: the availability of funds, the timing and content of work programs, results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles, project cost overruns or unanticipated costs and expenses, fluctuations in metal prices, currency fluctuations, and general market and industry conditions.

HEG has a 100% beneficial interest in all granted tenements, while the Hill End tenements encompassed by the previous EL2037 are subject to a 15% right to contribute triggered by an ‘economic feasibility study’.

Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Competent Persons’ Statement

The information in this report that relates to Mineral Resources is based on information compiled by Mike Quayle and Philip Bruce and for Exploration results is based on information compiled by Stuart Munroe and Philip Bruce. Mr Quayle is a Member of The Australian Institute of Geoscientists and was a full-time geological employee of HEG. Dr Munroe is a Member of the Australasian Institute of Mining and Metallurgy and Mr Bruce is a Fellow of the Australasian Institute of Mining and Metallurgy and both are full-time employees of HEG. Mr Quayle, Dr Munroe and Mr Bruce have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (The JORC Code). Mr Quayle, Dr Munroe and Mr Bruce consent to the inclusion of the matters based on their information in the form and context in which it appears.

DISCLAIMER

Well funded by supportive cornerstone investor

JORC resources over 550,000 ounces gold in 35km radius in NSW

Active exploration and drilling programs extending resources

Focused on pre-development work for Hargraves Project hub

Selectively exploring open pit prospects in Hill End - Hargraves area

Targeting resource increase beyond one million ounces of gold

Actively searching for cash flow project with assistance of

cornerstone investor

Experienced Board and management team with proven track record

WHY INVEST IN HILL END GOLD?

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LOCATION

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Major NSW areas of activity

• Hargraves (100%)

• Hill End (100% s/to 15% earn-in)

• Willandra (100%)

HARGRAVES PROJECT (100%)

221,000oz in Big Nugget Hill

Indicated: 1.3Mt at 3.5g/t for 143,000oz

Inferred: 0.9Mt at 2.6g/t for 78,000oz

• Open pit pre-development status

• Drilling along strike north of Big

Nugget Hill deposit for additional

resources

• Homeward Bound and new open

pit potential along Meroo Trend

• Expanding regional exploration

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Near-term focus

MEROO TREND

BIG NUGGET HILL

Hargraves is 30km south-west of Mudgee

HARGRAVES PROJECT

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• Outcropping, ~40m wide, open

beyond 1400m strike length and

400m depth

• Bulk mining, large scale potential

• Simple processing: ~95%

recovery to gravity concentrate

• Scoping Study in progress and

regional mine plan submission

end 2012

• New detailed structural logging

leads to new resource update

• Extending resources to north

Big Nugget Hill deposit

Partially

Excised

Big Nugget Hill: 221,000oz Au Resource

Extension Drill Targets

Expected Higher Grade Gold Shoots

+ 1 g/t Au intersections

CMH-DDH9 195m at 0.5g/t from 30m

CMH-DDH15 ends in 13g/t at 220m

Big Nugget Hill North

Drilling program

HARGRAVES PROJECT

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HARGRAVES PROJECT – Big Nugget Hill oblique

Continuous high grade mineralisation at intersection

of Feeder Zones and near-axis fractured rocks

Recent structural analysis

leads to new resource

estimation

HARGRAVES PROJECT (100%)

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Big Nugget Hill deposit

• Current drilling program North BNH

has multiple bulk-tonnage style

wide intersections

• Detailed structural logging leads to

definitive orebody model

• New resource estimate and mining

plan underway

Meroo Trend – 6km gold zone

• Extensive zone of gold mineralisation

• Homeward Bound –

• 600m x 100m soil anomaly / old

workings - drilling planned

• HB extensions and Great Western

prospects possible extensions

221,000 oz

HILL END PROJECT (100% s/to 15% earn-in)

336,000oz gold resource:

M/I: 0.3Mt at 7.9g/t for 65,800oz

Inferred: 1.5Mt at 5.6g/t for 270,200oz

• Simple processing: +95% gold

recovery to gravity concentrate

• Focus on increasing resources

• New area at Mares Nest :

- 4km x 200m wide zone of

gold mineralisation

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Hill End is 50km north of Bathurst

Mid-term development

potential

SOUTH STAR

REWARD

RED HILL

HILL END GOLD DEPOSITS

HILL END PROJECT

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Mares Nest

• 4km south of Reward deposit

• 4km strike and 200m wide

historical surface and

underground workings

• Similarities to broad

mineralisation zone and

structural system of Big Nugget

Hill deposit

• Initial work shows area has

potential for significant deposit

RESOURCE SUMMARY

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Tonnes Grade

g/t gold

Contained

gold oz

Hargraves

Big Nugget Hill Indicated 1,262,000 3.5 143,000

Inferred 944,000 2.6 78,000

Sub-total 2,206,000 3.1 221,000

Hill End

Hawkins Hill – Reward Measured 77,400 11.3 28,100

Indicated 180,400 6.5 37,700

Inferred 642,200 8.8 181,000

Sub-total 900,000 8.6 246,800

Red Hill Inferred 849,000 3.3 89,200

Total Hill End and Hargraves Total 3,955,000 5.4 557,000

Numbers include insignificant rounding errors

Cutoff grades

Big Nugget Hill 0.5 g/t gold per block and inverse distance squared grade interpolation

Reward 1 g/t gold over minimum horizontal width of 1.1 metre and an inverse

distance squared grade interpolation.

Red Hill 1 g/t gold over minimum horizontal width of 0.8 metre.

as at October 2011

RESOURCES GROWTH

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Inferred

Indicated

• Drilling to date on limited strike and depth of only three deposits

• Resources have been increasing in quantity and quality

• Increasing Resources reliability leading to pre-development studies

oz

0

100000

200000

300000

400000

500000

600000

2006 2007 2008 2009 2010 2011

Measured

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CORPORATE PROFILE

Large Australian gold resource inventory.

Asset value expansion by exploration,

development and acquisition.

Strong exploration and development team.

Well funded supportive shareholder - Infiniti

Premium Resources.

Market data

Board of Directors

Denis Clarke, Non-Executive Chairman, Geologist

Philip Bruce, Managing Director, Mining Engineer

Graham Reveleigh, Non-Executive Director, Geologist

Bruce Thomas, Non-Executive Director, Accountant

Ian Daymond, Non-Executive Director, Lawyer

Quah Su-Yin, Non-Executive Director, Lawyer

ASX code HEG

Current Share Price 1.9 cents

52-week High 5.5 cents

52-week Low 1.7 cents

Issued Capital 685.8 million

Options (listed / unlisted) 22.6 million

Market Capitalisation $14.0 million

Cash ~$4 million

Debt $0

Major shareholder Infiniti Premium

Resources 30%

Management

Steve Peterson, Chief Financial Officer

Kevin Lynn, Company Secretary

Stuart Munroe, Exploration Manager

Jim Shanahan, Site Manager

Well funded by supportive cornerstone investor

JORC resources over 550,000 ounces gold in 35km radius in NSW

Active exploration and drilling programs extending resources

Focussed on pre-development work for Hargraves Project hub

Selectively exploring open pit prospects in Hill End - Hargraves area

Targeting resource increase beyond one million ounces of gold

Actively searching for cash flow project with assistance of

cornerstone investor

Experienced Board and management team with proven track record

WHY INVEST IN HILL END GOLD?

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