FinnAust Mining PLC – Disclaimer - Geological Survey of Finland

FINNAUST MINING PLC
A joint Australian and Finnish Base Metal Company
Technical Presentation
May 2013
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FinnAust Mining – Summary
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1. BOARD & KEY MANAGEMENT
2. THE ADVANTAGES OF EXPLORING IN FINLAND
3. INNOVATIVE TECHNOLOGIES
4. EXCELLENT PROGRESS – 2012/2013
5. DRILLING – 2013
6. FUTURE TARGETS
7. GTK ACKNOWLEDGEMENT
8. DISCLAIMER
Geological Map of Finland.

Board & Key Management
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BOARD OF DIRECTORS
Dan Lougher (Chairman)
• Managing Director & CEO of Western Areas
• Mining Engineer with over 30 years experience in all aspects of resource and mining project
exploration, feasibility, development and operations.and marketing
Graham Marshall (Director)
• General Manager Commercial for Western Areas. 25 years experience in engineering, project
management and mineral processing
• Past Director of Pacific Ore Ltd, previous owner of base metal sulphide leaching process BioHeap
SENIOR MANAGEMENT
Urpo Kuronen (Chief Executive Officer)
• Finnish Geologist with 33 years experience in exploration and mining in Finland and Australia
Robert Barwick (Exploration Manager)
• Offshore Exploration Manager for Western Areas. 26 years experience in exploration in Australia,
Canada, China, Russia & Finland
Thomas Levin (Regional Geologist)
• Finnish Geologist with 9 years experience in exploration in Finland

The Advantages of Exploring in Finland
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FINLAND GEOLOGY AND POTENTIAL
• ~300km base metals province along Archaean cratonic
margin
• Numerous copper/nickel/zinc mines and occurrences
• Main deposit types: Outokumpu, VMS and Gabbro hosted
• Key mines : Outokumpu, Pyhäsalmi, Hammaslahti,
Enonkoski, Kylylahti
• Most exploration & mining activities ended in early 1990’s
JURISDICTION
• Finland rated #1 global mining destination 2012 and #5 in
2011 (Fraser Institute)
• Excellent infrastructure: roads, power, towns, rail etc
• Low start up costs, low underground mining costs,
residential workforce

Using Innovative Technologies to Make New Discoveries
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Examples (left to right):
• Hammaslahti Mine Area – Geochemical data to define VMS alteration anomaly
• Outokumpu Mine Area – Seismic data to define prospective sequence at depth
• Enonkoski Mine Area – ZTEM data to define geometry of conductive sequence
Till UZI or Up flow Zone index at Hammaslahti
Drill holes
Seismic data to
define prospective
sequence at depth
at Outokumpu
ZTEM data at Enonkoski

Excellent Progress – 2012/2013
1 FINNAUST HAS BUILT A DOMINANT LAND POSITION IN THE OUTOKUMPU COPPER BELT
• Past production including Altona’s current resource in OKU belt: ~42Mt@3.1% Cu, 1.0% Zn, 0.2%Co
• Drilling has confirmed wide zones of prospective OKU mine sequence at three targets
• ZTEM may represent a ‘breakthrough’ geophysical tool for making new discoveries
2 FINNAUST HAS BUILT A DOMINANT LAND POSITION IN THE HAMMASLAHTI COPPER/ZINC/SILVER BELT
• Drilling confirmed extensions to Hammaslahti mine with high grade massive sulphides (Cu/Ag/Au)
• Best drill hole intersection to date : 3.4m @ 11.5% Cu, 54ppm Ag, 3ppm Au
3 SIGNIFICANT PROGRESS ON GABBRO HOSTED NICKEL/COPPER BELTS (EG JOUTSENO, ENONKOSKI)
FOR FUTURE DRILLING
4 OUTSTANDING GEOLOGICAL, GEOPHYSICAL, GEOCHEMICAL DATABASE
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Massive Sulphide drill core in DDH DT7:
High grade copper/silver/gold mineralisation
intersected from 546.1m down hole depth.
3.4m @ 11.5% Cu, 54.4ppm Ag, 3ppm Au
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Hammaslahti mine remains open down
plunge and at depth

Drilling – 2013
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OUTOKUMPU COPPER BELT (Target: large, high grade Outokumpu Type deposits)
1. Kuusjarvi : 4km zone of Outokumpu Mine Sequence (‘OKU’), 15km SW of Keretti Mine (ice road access)
2. Teyrisuo & Viurusuo : ZTEM targets in OKU mine sequence, NE and SW along strike from Keretti Mine
3. Sola : Strong ZTEM conductor, ~15km east of Keretti Mine, south of Altona’s Kylylahti Cu mine
FinnAust has joined Mondo Minerals, Altona Mining, GTK (Finland Geological Survey), Tekes (Finnish Funding Agency
for Technology and Innovation) , and The University of Helsinki in The “OKU Brownfield Project” a major geophysical
research project (including ZTEM) over the Outokumpu Copper Belt starting in 2013. GTK will lead the Project.
HAMMASLAHTI COPPER MINE (Target: VMS Type deposits)
1. Target 1 : drill ZTEM anomaly in favorable structural setting, 2km east of Hammaslahti Cu mine
2. Target 2 : drill extensions to main Hammaslahti copper ore shoot. Aim to define mineral resource
Hammaslahti Mine Area (100% FinnAust)
Ground magnetic data (black outline).
Previous underground mine (red ellipse)
(Note: Most 2013 targets at Outokumpu and
Hammaslahti are based on coincident ZTEM, gravity,
magnetic and structural anomalies as well as favorable
geology. Hammaslahti targets include potentially
significant surface geochemical results based on
interpretation of till data

Outokumpu Copper Belt – Magnetic & ZTEM Data.
OUTOKUMPU PAST MINES & RESOURCES
Total Region : 42 Mt at average grade of
3.1% Cu, 1.0% Zn 0.2% Co & 0.1% Ni
Kylylahti copper mine, in production (Altona Mines)
Sola : FinnAust drilling confirmed
mineralised Outokumpu mine
sequence. ZTEM anomalies identified
for drilling
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Viurusuo & Teyrisuo : Initial FinnAust drilling
confirmed wide zones of prospective Outokumpu
mine sequence. ZTEM anomalies identified for
drilling
40km Outokumpu Mine
Belt
Kuusjarvi : Coincident EM, gravity,
magnetic, ZTEM anomalies. : Initial
FinnAust drilling confirmed wide
zones of prospective Outokumpu
mine sequence.
Widely spaced ZTEM data (2012) over Outokumpu Mine
Belt highlights numerous potential conductive targets

Hammaslahti Mine – ZTEM Anomalies and Drilling Targets
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Hammaslahti Cu Mine produced 7Mt @ 1.2%
copper to 400m depth. 1500m long VMS Type
deposit associated with ZTEM anomaly.
Target 1: Strong untested ZTEM
anomaly 400 - 500m depth, 2km
east of mine
Note: Geophysical data processed
from GTK/Finnish Geological
Survey
Target 2 : Potential extensions to orebody down
plunge and below mine. Best intersection to date:
3.4m @ 11.5% Cu, 54.4ppm Ag, 3ppm Au
Note: Magnetic data on surface
horizontal plane and ZTEM inversion
data on vertical section extending
approx 8km across mine area

Hammaslahti Cu-Mine – ZTEM Anomalies
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Z pit N pit S pit
Drill holes
ZTEM lines

Intrusive Type Ni/Cu – eg : Joutseno
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JOUTSENO PROJECT (100% FinnAust) – magnetic image
• Coincident magnetic/EM targets identified for ground geophysical surveys & drilling
• Potential for gabbro intrusions of similar type to Telkkala, Enonkoski or Sakatti deposits
High Grade Intrusive Type deposits.
Example is Sakatti nickel/copper/PGM
deposit in Northern Finland
(owned : Anglo American)
Note: Geophysical data acquired from GTK/Finnish Geological Survey

Intrusive Type Ni/Cu – eg : Enonkoski
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ENONKOSKI PROJECT (100% FinnAust) – magnetic and gravity image
• Locations of several coincident magnetic/EM anomalies represented by black circles
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• ZTEM anomalies coincident with known nickel/copper mines and mineralisation
Note: Geophysical data
acquired from GTK/Finnish
Geological Survey

Target Base Metal Deposit Types
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1
2
Outokumpu Type
High grade Copper deposits
eg 3-4km long Keretti Mine
owned by Outokumpu
FinnAust Exploration Projects:
Kuusjärvi, Viurusuo, Teyrisuo,
(along strike from Keretti Mine)
Sola
Volcanogenic Massive Sulphide (VMS) Type
Copper/Zinc/Silver/Gold massive sulphide deposits
Hammaslahti Mine Extensions: 3.4m @ 11.5% Cu, 54.4ppm Ag
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Intrusive Type Ni-Cu PGM deposits
FinnAust Exploration Projects:
Enonkoski, Joutseno, Virtasalmi,
Törmälä, Parikkala

FinnAust and GTK 14
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Services from GTK
Purchased exploration data: old drilling data, geophysical data, geological data
Geological consulting (Outokumpu area)
Re-logging of core at Loppi
Geophysical consulting (maps, petrophysics etc.)
Experience, critique and recommendations:
Quality of drilling data (collars and dips to be re-surveyed), duplicate drill holes
Data to be organized better: geophysical data is better organized than geological data
Price of data: no price per unit, all data should be available for free from Internet or with
copy charges only
Recommendations: Results of handheld XRF-analyzer from drill core - data
improvement concerning drill core at Loppi

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Thank you!
www.finnaustmining.com

FinnAust Mining PLC – Disclaimer
DISCLAIMER
The information contained in these slides has been prepared by FinnAust Mining plc (the “Company”) in connection with a potential placing (the “Placing”) of shares in the capital of the Company (“Shares”). The
information contained in these slides, the presentation made to you verbally and any other information provided to you (in writing or otherwise) in connection with the Company and its business (the “Presentation
Materials”) is subject to updating, completion, revision, further verification and amendment without notice which may result in material changes. The Presentation Materials have not been approved by the London
Stock Exchange plc or by any authority which could be a competent authority for the purposes of the Prospective Directive (Directive 2003/71/EC). The Presentation Materials are for information purposes only and do
not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities nor shall they nor any part of them form the basis of or be relied on in connection with, or act as any
inducement to enter into, any contract or commitment whatsoever.
The Presentation Materials contain only a synopsis of more detailed information in relation to the matters described therein and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency 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 the incurring by you of additional liability. The proposals in the Presentation Materials are
preliminary. Certain forward-looking statements may be contained in the Presentation Materials. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no
assurance can be given that such expectations will prove to be accurate. Accordingly, results could differ from those projected as a result of, among other factors, changes in economic and market conditions, changes
in the regulatory environment and other business and operational risks.
The Presentation Materials are only being issued to and directed and may only be received by persons who have professional experience in matters relating to investments and who:
a) in the UK, fall within the exemptions contained in Articles 19 or 49 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (investment professionals and high net worth
companies, unincorporated associations etc.); or
b) in Finland, fall within the qualified investor exemption contained in Chapter 1 Article 4 of the Securities Markets Act (495/1989 as amended); or
c) elsewhere, persons who are otherwise permitted by the laws of the jurisdiction in which they are resident to receive them.
It is a condition of your receiving the Presentation Materials that you fall within one of the categories of persons described above and you warrant to the Company and GT that (i) you fall within one of the categories of
persons described above, (ii) you have read, agree to and will comply with the terms of this disclaimer and (iii) you will conduct your own analyses or other verification of the data set out in the Presentation Materials
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prove to be correct. A number of factors could cause actual results to differ materially from the potential results discussed in the such forward-looking statements, estimates and forecasts including, changes in general
economic and market conditions and other risk factors. Although such forward-looking statements, estimates and forecasts are based upon what the management of the Company believe to be reasonable
assumptions, no guarantee can be given that actual results will be consistent with such forward-looking statements, estimates and forecasts. Prospective investors should not place undue reliance on such forwardlooking
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investigation and analysis of the Company and of the information contained in these Presentation Materials and are advised to seek their own professional advice on the legal, financial and taxation consequences of
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