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Frankfurt 04B

Presentation - Blackheath Resources Inc.

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Overview - Projects<br />

‣ Covas<br />

‣ 449,800 MTUs WO 3 indicated mineral resource based on<br />

1,081,000 tonnes at an average grade of 0.42% WO 3<br />

‣ 767,100 MTUs WO 3 inferred mineral resource based on<br />

2,211,000 tonnes at an average grade of 0.35% WO 3<br />

‣ Borralha – 118 metres of 0.29% WO 3, Portugal’s largest past<br />

producer, significant open pit potential<br />

‣ Bejanca – Tin and Tungsten, third largest past producer. Also<br />

historic alluvial resource* of 6,700,000 tonnes at 0.19% Sn and<br />

0.037 WO 3 (historically recoverable values)<br />

‣ Evaluation of past-producing Adoria and Vale das Gatas<br />

Projects also underway<br />

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