TNT MINESLIMITED

Investor Presentation

November 2012

An emerging Tin, Tungsten, Fluorspar Mining Company

TNT MINESLIMITED

This presentation is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation.

The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions,

investors should rely on their own examination of TNT Mines Limited and consult with their own legal, tax, business and/or financial advisers in connection with

any acquisition of securities.

The information contained in this presentation has been prepared in good faith by TNT Mines Limited. However, no representation or warranty, express or

implied, is made as to the completeness or adequacy of any statements, estimates, opinions or other information contained in this presentation.

To the maximum extent permitted by law, TNT Mines Limited, its directors, officers, employees and agents disclaim liability for any loss or damage which may

be suffered by any person through the use of, or reliance on, anything contained in or omitted from this presentation.

Certain information in this presentation refers to the intentions of TNT Mines Limited, but these are not intended to be forecasts, forward looking statements, or

statements about future matters for the purposes of the Corporations Act (Cth, Australia) or any other applicable law. The occurrence of events in the future

are subject to risks, uncertainties and other factors that may cause TNT Mines Limited’s actual results, performance or achievements to differ from those

referred to in this presentation to occur as contemplated.

The presentation contains only a synopsis of more detailed information to be published in relation to the matters described in this document and accordingly

no reliance may be placed for any purpose whatsoever on the sufficiency or completeness of such information and to do so could potentially expose you to a

significant risk of losing all of the property invested by you or incurring by you of additional liability. Recipients of this presentation should conduct their own

investigation, evaluation and analysis of the business, data and property described in this document. In particular, any estimates or projections or opinions

contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and you should satisfy yourself in relation to such

matters.

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Russell Fulton, a

Member of The Australian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Fulton has sufficient experience

deemed relevant to the style of mineralisation and type of deposit 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 Exploration Results, Mineral Resources and Ore Reserves’. Mr Fulton

consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Mr Fulton is a contractor employed

by TNT Mines Limited.

With respect to the JORC, Clause 18, and in respect of some targets the potential quantity and grade of them are conceptual in nature, and there may have

been insufficient exploration to date to define a Mineral Resource and it is uncertain if further exploration would result in the determination of a Mineral

Resource.

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Important Information

TNT MINESLIMITED

• An emerging mining company with a focus on advanced tin, tungsten and fluorspar projects within existing mineral producing regions of Tasmania, Australia.

• Exposure to critical minerals in traditional (Construction and Consumer Electronics) and emerging (Solar Panels, Lithium Ion Batteries, Fuel Catalyst, Teflon) markets, with strong forecast price fundamentals for each commodity in the short to medium term (2-5 years).

• A large pipeline of Tin and Tungsten projects in Tasmania across 5 separate projects.

• The largest single Fluorspar project in Australia including a JORC Inferred Resource of 3.9Mt CaF2 with significant tungsten & iron credits.

• Experienced, dynamic and committed board, management team.

• Share Placement in November to raise $480,000; note that the Company proposes a 1:3 Capital Consolidation subject to shareholder approval following this Placement.

• Progressing IPO to raise $3-$5m, with a target date of March 2013, to fund further resource drilling, scoping studies and pre-feasibility studies.

Company Overview

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TNT MINESLIMITED

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Corporate Overview

Capital Structure

Shares on Issue 82,389,790

Options on Issue (at 0.30 by 28/2/15) 15.2m

Cash on Hand ~A$0.3M

Enterprise Value (@ 0.0 8) ~A$6.5m

Board

Chairman Ian Plimer

Managing Director Michael Beer

Non-Executive Andrew Drummond

Non-Executive Neville Bergin

Top 10 Shareholders

Shareholder No. Of Shares % Holding

Minemakers Limited 15,619,524 18.96

Leon Pretorius 2,500,000 3.03

Andrew & Shay Drummond 1,754,543 2.12

Paul Askins 1,193,741 1.45

HSBC Custody Nominees 905,382 1.10

James Stewart 809,164 0.98

Ian Plimer 625,000 076

Zelia Pty Ltd 625,000 0.76

Citicorp Nominees Pty Ltd 583,473 0.71

Golden Archer Resources 577,093 0.70

Total 25,192,920 30.58

Management & Advisors

Exploration Manager Russell Fulton

Company Secretary John Ribbons

CFO Rod Wheatley

Mining Consultant Mike Woodborne

Metallurgical Consultant Ron Goodman

Process Consultant Brian Povey

Management Consultant Matt Gauci

Technical Advisors- SRK Consulting

Louis Bucci

TNT MINESLIMITED

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Lead Projects

• Moina deposit is one of the world’s largest undeveloped Fluorspar deposits and the largest single Fluorspar project in Australia including an JORC Inferred Resource of 3.9Mt CaF2 with significant tungsten and iron credits

• Ringarooma hosts large shallow tin mineralisation with significant zircon, rutile and ilmenite credits

• Both projects are at the advanced stage with further drilling and evaluation planned to upgrade resources category and commence feasibility studies

TNT MINESLIMITED

Scoping study indicates large NPV

Fluorspar (CaF2) used to make cryolite (Na3AlF6); a critical ingredient in production of aluminium

Major producers: UC Rusal, RioTinto, Alcoa, Chalco, BHP Billiton

Metallurgical test work program underway to determine cost to fine-grind

Significant recoverable tungsten and magnetite

Development Plans Complete metallurgical test work

Resource Infill drilling

Confirm optimum recovery methods

Feasibility study

Australia’s largest undeveloped Fluorspar project

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Moina - Fluorpsar

TNT MINESLIMITED

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DevelopmentFluorsparProjects

Estimated Contained Fluorspar

Mt

Nui Phao, Vietnam 7.0

Director, Canada 4.1

Nokeng, RSA 3.4

Doornhoek, RSA 6.5

Bor Undor, Mongolia 5.5

Moina, Tasmania 3.9

Moina - Fluorspar

Australia’s largest undeveloped Fluorspar project

TNT MINESLIMITED

Ringarooma Project – Offshore Alluvial Tin

~4,000t of tin produced onshore close to TNT Mines’ marine tenements

Previous explorers (Mason, 2000) estimated JORC compliant resources as:

• Inferred: 194Mm³ at 150-250g/m³ of tin; including

• Indicated: 16Mm³ at 227g/m³ of tin

Development Plans Undertake survey to accurately define

extent of traps for mineralisation

Drill to determine extent of tin resource

Costing and economic studies

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Ringarooma – Offshore Alluvial Tin

TNT MINESLIMITED

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Ringarooma – Offshore Alluvial Tin

TNT MINESLIMITED

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Aberfoyle

Historic recovered underground

production: 2.1Mt @ 0.91% tin,

0.28% WO3, from a swarm of

sheeted reefs & veins

Potential for open pit on upper

levels

Current investigations show

underlying granite is mineralised

Potential for seismic survey to

define extensions to

mineralisation & blind deposits

(HiSeis system)

Aberfoyle – Tin, Tungsten

TNT MINESLIMITED

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Aberfoyle – Tin, Tungsten

TNT MINESLIMITED

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Aberfoyle – Tin, Tungsten

TNT MINESLIMITED

Significant tin/silver/copper from previous mining operations

2 diamond drill holes completed in August 2011 – assessing shallow open cut potential and recovery core for metallurgical testwork

Further planned diamond drill target (Anomoly 370) ready for drilling

Projects in Northwest TasmaniaOonah – EL63/2004, Queen Hill

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Oonah - Tin

TNT MINESLIMITED

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Oonah – Tin

TNT MINESLIMITED

• Complete Capital Raising of $3m - $5m and IPO

• Conduct JORC Resource Upgrade drilling at Moina

• Conduct Exploration Drilling and JORC Resource drilling programs on other projects

• Conduct Feasibility Study on Moina

• Conduct JORC Resource Upgrade drilling at Aberfoyle, Ringarooma and Oonah

• Commence Aberfoyle Open Pit and Lutwyche underground Pre-Feasibility Study

• Complete Moina Feasibility Study

• Acquire additional value accretive Tin, Tungsten and Fluorspar projects worldwide to establish significant global footprint in high growth commodities

ShortYear 1

Long> Year 2

MediumYear 2

Time

Value

Commercial Objectives

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TNT MINESLIMITED

Seed capital raising to fund completion of JORC report on Moina and Ringarooma, drilling at Oonah, desktop studies and prospectus preparation for IPO targeting March 2013

Seed Capital Raising

Shares on issue 82,389,790

Shares offered at $0.03 16,000,000

Funds raised $480,000

Total Shares on Issue post offer 98,389,790

Total Cash post offer $600,000

Market Capitalization post offer at 0.03 per share $3.0m

Enterprise Value post offer $2.4m

Offer Opens 8 November 2012

Offer Closes 30 November 2012

Dispatch of Statements December 2012

Indicative Offer

Indicative Timetable

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TNT MINESLIMITED Use of Funds

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Project Activity Amount

Moina Test work to upgrade the magnetite concentrateInvestigation to produce a heavy media product suitable for the coal industryMarketing studies for fluorspar, including agglomeration trials.

$100,000

Aberfoyle Desktop scoping study – Lutwyche underground and Aberfoyle open pit

$30,000

Ringarooma Completion of EPBC and Environmental Plan for explorationMining method studies

$40,000

Oonah Diamond drill test Anomaly 370Bio-oxidation trials on stannite mineralisation

$105,000

Working Capital Corporate, administration, investor relations and government relations, and Prospectus preparation

$205,000

Total $480,000

Use of funds focused mainly on Moina and Aberfoyle prior to IPO, targeting March 2013

TNT MINESLIMITED Comparable Companies

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Company Share price Cash Market Cap EV Resources Location Status

Stellar $0.085 $5m $23m $18m 52Kt (Sn) Tasmania Resource

Kasbah Resources

$0.195 $29m $77m $52m 135Kt (Sn) Morocco PFS

Venture Minerals

$0.295 $24m $81m $57m 86Kt (Sn) Tasmania DFS

Canada Fluorspar

$0.60 $4.2m $61.8m $57.6m 4.1Mt (CaF2) Canada DFS

TNT post placement

$0.03 $0.6m $3.0m $2.4m 3.9Mt (CaF2) Tasmania Resource

TNT hosts a large pipeline of Tin and Tungsten projects in Tasmania across 5 separate projects; AND a Fluorspar JORC Inferred Resources of 3.9Mt CaF2

Note the current value of TNT at approximately $3.0m (pre placement) for ALL its commodities / projects

TNT MINESLIMITED

• An emerging mining company with a focus on advanced tin, tungsten and fluorspar projects within producing regions of Tasmania, Australia.

• Exposure to critical minerals in traditional (Construction and Consumer Electronics) and emerging (Solar Panels, Lithium Ion Batteries, Fuel Catalyst, Teflon) markets, with strong forecast price fundamentals for each commodity in the short to medium term (2-5 years).

• A large pipeline of Tin and Tungsten projects in Tasmania across 5 separate projects.

• The largest single Fluorspar project in Australia including a JORC Inferred Resource of 3.9Mt CaF2 with significant tungsten & iron credits.

• Experienced, dynamic and committed board, management team.

• Progressing IPO to raise $3-$5m, with a target date of March 2013, to fund further resource drilling, scoping studies and pre-feasibility studies.

Conclusion

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TNT MINESLIMITED Tin Market Overview

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• Tin Demand driven by China, Japan and Asia, for primary use in solder for consumer electronics, and potentially Lithium Batteries, Solar Panels and Fuel Catalysts

• Tin Supply constrained from scaling back independent Indonesian and private Peruvian producers, while the gap between Chinese mined & refined Tin is growing

• CRU Group 4 year commodity forecast has Tin ranked 2nd with 56% growth and “hot”

TNT MINESLIMITED Tungsten Market Overview

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• Tungsten demand is forecast to grow at a rate of 6-7% per annum, from 70,051t WO3 in 2010 to 111,602t WO3 in 2015

• Tungsten supply is dominated by the Chinese (85%) with the majority of production now consumed domestically creating a supply/demand imbalance

• The APT price is expected to remain within $300-400mtu for the foreseeable future

TNT MINESLIMITED Fluorspar Market Overview

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• Fluorspar (CaF2) is the commercial name for the mineral fluorite and was included in the list of 14 raw materials labeled as “critical” by an expert group chaired by the European Commission of the European Union (EU).

• Chinese consumption has surged and exports decreased, with an estimated 7 years of domestic CaF2 remaining creating a supply/demand imbalance

• Big players: Rio Tinto, Rusal, Alcoa, Dupont

TNT MINESLIMITED Contacts

Michael BeerManaging Director + 61 412 945 818

Russell FultonExploration Manager + 61 427 956 297

Matt Gauci Management Consultant+ 61 417 417 907

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