HUDSON

Group CEOs Broker Presentation February 2011

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Peter Meers Hudson Resources Limited Tiaro Coal Limited

Hudson Resources Limited – Group CEOs Presentation

Ian Levy Australian Bauxite Limited

Nick Raffan Sovereign Gold Company Ltd

Peter Meers is Chairman and Chief Executive Officer of Hudson Resources Limited and Tiaro Coal Limited. He is a non-executive Director of Hudson Investment Group Limited. Peter has broad business experiences across a range of industries including consumer, commercial and investment banking, securities trading and origination, mining and exploration and building materials. Past directorships include appointment on company boards in Malaysia, Indonesia and Singapore.

Ian Levy has thirty years experience with small to large mining companies, including WMC, Pancontinental Mining, Gympie Gold and as CEO of nickel mine developer, Allegiance Mining, involving development of bauxite, gold, base metals, nickel, gas and industrial minerals projects from discovery to marketing. He is currently CEO of Australian Bauxite Limited.

Nick Raffan is CEO of Sovereign Gold Limited and Head of Corporate Development Hudson Resources. Nick is a resource equities and business cycle specialist with extensive experience in both stock broking and funds management. Nick has over 30 years experience as a geologist, finance professional and mineral economist. For over 20 years he has worked within financial markets split between stock broking and portfolio management.

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Jacob Rebek Group Chief Geologist

Hudson Resources Limited – Group Geologists

Michael Leu Sovereign Gold Company Limited

Jacob Rebek is an Australian geologist with forty years experience in exploration. From 1970 to 2003 he worked for CRA and Rio Tinto in various parts of Australia and overseas. His roles included that of CRA’s exploration manager for Papua New Guinea in 1970’s, South Australia and Northern Territory from 1981 to 1984, Eastern Australia from 1987 to 1993 and Exploration Director for South America from 1997 to 2000. He led teams which discovered new zinc, copper and gold deposits. Since 2003 he worked for emerging companies, generating new projects.

Michael Leu is a geologist with over 30 years professional experience in exploration and mining across a range of mineral commodities within Australia and some Pacific and Asian countries. He has worked in industry (Freeport, Getty Oil, Queensland Ores) as a private consultant and for seven years on the academic staff of Macquarie University. He has extensive expertise in mineral exploration for epithermal and porphyry gold±Cu deposits; intrusion-related gold systems; metahydrothermal gold; greisen-hosted molybdenite, wolfram and tin; volcanic-hosted massive sulphides; chromite; uranium; alluvial gold and platinum and a range of industrial minerals.

Tamara Coyte Thomas Grieve Edwina Whiteside

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Minerals and Markets

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Bauxite Australian Bauxite Limited (ASX: ABZ)

Presenter: Ian Levy CEO

www.australianbauxite.com.au

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AUSTRALIAN BAUXITE LIMITED

ASX: ABZ

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Investment Fundamentals

•  + 350% share price rise since IPO Dec 2009. Market cap $75 million

•  32 tenements 7,500km2 in QLD, NSW & TAS 100% owned

•  1,350 holes for 14,000m drilled. Drill all 2011 for $3.8m. Cash $8m

•  48Mt JORC resources from less than 20% of target areas at Inverell & Taralga

•  Exploration Target is 200-300Mt – fast resource growth in 2011

•  Targets selected close to rail & ports. No socio-environment barriers

•  Discussions with off-take partners in progress. No export restrictions.

•  Bauxite is more freely traded and prices rising like iron ore and coal have

•  Bauxite typically high quality: “Better Bauxite & “Brown Sugar Grades”

* High Alumina content * Low Reactive Silica

* Thick Bauxite * Alumina mineral is Gibbsite (trihydrate “THA”)

Bauxite - Australian Bauxite Limited (55.6M) (ASX: ABZ)

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Goulburn - Port Kembla Rail

Taralga, South NSW •  12 Mt JORC resource •  2 New deposits discovered •  18m thickness in places = THICK •  ~ 50% of resource is DSO grade

Main grid power lines cross the lease next to bauxite

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Taralga Crew

Landholder relations are of paramount importance

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Drilling Sequence

4 to 18m of bauxite at surface on grazing land (non-prime)

If bauxite gravel layer is mined, land can be reinstated at least as good as today

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Coal Tiaro Coal Limited (ASX: TCM)

Presenter: Peter Meers CEO

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Exploration •  Well positioned coal play in SE Queensland between Maryborough & Gympie. •  Large exploration area – 7 granted tenements – 1,624 sq kms and 3 tenements –

2,097 sq kms under application. •  Current drilling target area – 45 sq kms. •  Initial exploration target 30 million tonnes. •  JORC resource estimate in progress. •  Coal ranks range from predominantly thermal coals to coking & PCI products. •  Expansion opportunities – Burrum Coal Measure and Bundaberg Coal Tenements

Coal – Tiaro Coal Limited (31.8M) (ASX: TCM)

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13 Exploration Targets

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EPC 957 Hole CTD17 (137 metres)

EPC 956 Hole CTD 73 (33 metres)

TARGET AREA Shady Camp T9

COAL PROPERTIES SPECIFICATION SPECIFICATION

Inherent Moisture % 1.0 1.5

Ash % 12.2 9.1

Volatile Matter % 13.3 37.3

Total sulphur % 0.81 0.56

Phosphorous % 0.005 0.165

CSN - 8

Gray King Coke Type - G11

Maximum Fluidity ddpm - 3600

Fluidity Plastic Range Degree C

- 65

Total dilatation - 116

Vitrinite % Vol 93.9 93.7

Reflectance Ro Max % 2.01 0.81

Alkalis in ash % 3.0 5.23

Calorific value MJ/Kg 31.03 27.46

Calorific value kcal/Kg 7412 6560

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BURRUM COAL MEASURES

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Gold Sovereign Gold Company Limited (ASX: SOC)

Presenter: Nick Raffan CEO

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•  An Unexplored and Large Intrusion-Related Gold System (IRGS)

•  Four Exploration Permits (EL 6483, EL 7491, EL 7700 and EL 7701) and four Exploration Licence Applications covering a total of over 2,400 square kilometres.

•  Excellent Logistics: Located 21km south-west of Armidale, N.S.W. Superb infrastructure logistics (close to major roads, rail, airport, labour source, University, power, engineering, etc).

Gold – Sovereign Gold Company Limited (40M) (ASX: SOC)

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Sovereign Gold Investment Fundamentals

•  Excellent first drill results: 19-metre zones of 1.6 & 2.1 g/t gold.

•  Initial 2,000m RC drilling program is nearly 30% completed.

•  Well documented historic gold field.

•  Recorded production of around 167,000 ounces.

•  Targeting multiple 100,000oz to +1moz deposits.

•  Never explored in modern times and never previously drilled.

•  18km priority structural corridor to explore.

•  Target defined drilling: Martin’s Shaft, Gracie and Goldsworth.

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•  Only 3 weeks into an exploration program and already adding value to shareholders.

•  Early drilling success has confirmed an Intrusion Related Gold System (IRGS) at the Martin’s Shaft prospect.

•  The intense nature of the alteration shows the presence of a large hydrothermal system.

•  Assays for a further 8 holes are pending. The first campaign consisted of ten drill holes; each hole intercepted similar alteration associated with sulphides.

Sovereign Gold Initial Drilling Results

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Unexplored potential related to the magnetic linear feature that extends at least 40km - Conduit for multiple high grade gold lodes

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Sovereign Gold Operating Environment

•  Positive relationships with principal landowners.

•  Open access: predominately grazing country for fine wool and cattle.

•  Good local infrastructure: sealed roads, power, foundries.

•  Key services and contractors available in Armidale (21km) and Tamworth (76km).

•  Prospects are on Freehold Land not subject to Native Title Claims.

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Other Assets Hudson Resources Limited (ASX: HRS)

Presenter: Peter Meers CEO

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Hudson Sorbent Minerals •  Absorbents •  Broad Acre Agriculture •  Building Materials •  Refractory

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Industrial Minerals: Graphite & Magnesite Non-Ferrous: Manganese, Iron Ore, Copper, REE, Gold Energy: Uranium

•  Focus on South Australia

•  15 tenements cover 8,939 sq km

•  2PLAs and 2 JVs

•  Six manganese projects shown on the adjacent map

•  Copper, Iron Ore prospects

•  Leigh Creek low impurity magnesite

•  Rare Earth values to 0.47% in Ketchowla Manganese Deposits (North Burra).

•  One advanced project

•  3 gold projects

•  2 IOCG targets

•  Graphite

Archer Exploration Limited (6.5M) (ASX: AXE)

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Directors

Peter Meers Chairman / Chief Executive Officer

Tan Sri Ibrahim Menudin

Ken Boundy

Kit Foo Chye

Consultants

Geologists

Jacob Rebek

Michael Leu

Corporate Finance and Development

Nicholas Raffan (Nick)

Henry Kinstlinger

Vincent Tan

Chief Financial Officer

Francis Choy

HRS Shares on Issue: 118,385,822 Share price 23 February 2011: $0.41

KEY ASSETS:

Attapulgite - 100%. Bauxite - 55.6M shares in Australian Bauxite Ltd. Coal – 31.8M shares in Tiaro Coal Ltd. Gold – 40M shares in Sovereign Gold Company Ltd. Manganese/Magnesite/Rare Earths/Gold – 6.5M shares in Archer Exploration Ltd.

Shaw Valuation of Hudson Resource Assets

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HRS: Investment Fundamentals

•  Significant discount to Intrinsic Value

•  Access to capital

•  Ability to act swiftly to capture opportunities

•  Incubator of new business

•  Track record of making profitable investments in minerals

•  Common back office reduces costs

•  Diversified investment portfolio reduces risk

•  Strong leverage to economic growth in China and India

•  Strong Independent Board and Management teams For

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Further information

Company Hudson Resources Limited ABN 71 008 720 965

ASX code HRS

Contact Peter Meers - CEO Nick Raffan – Head of Corporate Development

Telephone + 61 2 9251 7177

Email pmeers@higl.com.au nraffan@higl.com.au

Website www.hudsonresources.com For

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Disclaimer

The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Hudson Resources Limited (“HRL”) nor does it form the basis of any contract or commitment. HRL makes no representation or warranty, express or implied, as to the accuracy, reliability or completeness of this material. HRL, its directors, employees, agents and consultants shall have no liability, including liability to any person by reason of negligence or negligent misstatement, for any statements, opinions, information or matters, express or implied, arising out of, contained in or derived from, or for any omissions from this material except liability under statute that cannot be excluded. Statements contained in this material, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of HRL, industry growth or other trend projections are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties.

Actual events and results may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors. The principal important risk factors that could cause HRL’s actual performance and future events and actions to differ materially from such forward-looking statements, include, but are not limited to, continuing volatility in the capital or credit markets and other changes in the securities and capital markets, changes in market prices of HRL’s investments, the occurrence of one or more catastrophic events, such as an earthquake, hurricane, or act of terrorism, changes in laws or regulations, changes in income tax laws, and changes in general economic and market factors that affect the prices of securities or the industries in which does business. For

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Thank you

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