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ACN 148 860 299 ASX:AMG

JUNIOR EXPLORER - EMERGING PRODUCER

INVESTOR UPDATEFEBRUARY 2018

Level 13/50, Carrington StreetSydney NSW 2000 Australia

Tel: +61 (02) 8315 3268info@ausmexgroup.com.au

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Investment Highlights

1 On track to develop world class high grade Au, Cu and Co reserves Capital StructureASX Code AMGShare Price (2 Feb 2018) $0.078Shares 381.2mOptions 63.5m

Performance Rights 0.0mMarket Capitalisation (undiluted) $29.7m

2 Near term production potential

3 Close proximity to multiple processors, reducing need for financing

4 Initial ground truthing has defined priority targets

5 Discoveries are on granted mining leases, substantially reducing time and cost to mine

6 Abundant infrastructure including roads and power

7 Excellent drilling results to date

8 Experienced management and advisors

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Mt Isa Inlier Mineral Province, QLD~10,000m of RC drilling & 2,000m of Diamond

drilling completed in 6 months from June 2017 confirming multiple high grade projects including:

High Grade Copper Projects The Trump ML (JORC Sept ‘18)

The Answer ML (JORC Sept ‘18)

The Joker (JORC Sept ‘18)

High Grade Gold Projects Gilded Rose ML Open Cut (2004 - 2012 JORC

May 2018)

Mt Freda ML Open Cut (2004 - 2012 JORC May 2018)

The Carpet – King Brown (Mt Freda system)

Cobalt Projects Mt Freda ML (historic 1 million pound resource)

Evening Star – Mt Freda extended ML

Burra & the G2 Structural Corridor, SA Princess Royal – High Grade Copper Mongolata – High Grade Gold Adjoins high grade Cobalt (Investigator

Resources)3

Advanced Copper, Gold & Cobaltin world class mineral provinces

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QLD Advanced Copper, Gold & Cobalt Projects

High Grade Copper

High Grade Copper

High Grade Gold

High Grade Gold, Copper & CobaltF

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60m @ 1.30% Copper from surface outcrop (hole finished in high grade copper)

Granted mining lease AMG 100% Historic high grade copper Mineralisation open down dip Open along strike extensions ~40km proximity to multiple 3rd party processors Drilling - October 2018 JORCRefer ASX announcement 2nd February 2018

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The Trump ML2549High Grade Copper

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High grade copper from surface Granted mining lease AMG 100% Historic high grade copper Mineralisation open down dip Open along strike extensions ~ 20km Proximity to multiple third party

processing options Drilling - October 2018 JORCRefer ASX announcement 29th January 2018

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The Answer ML2517High Grade Copper

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The Answer ML2517High Grade Copper

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The Joker EPM 15858High Grade Copper High grade copper from surface Historic high grade mining Mineralisation open down dip Open along strike extensions Large extended target ~ 20km Proximity to multiple third party

processing options Drilling - October 2018 JORC

Significant intersections: JK17RC01 2.0m @ 1.13% Cu and 12.00g/t Ag from 34m JK17RC02 4.0m @ 1.03% Cu and 10.4g/t Ag from 47m JK17RC03 4.0m @ 2.41% Cu and 5.45g/t Ag from 37m JK17RC04 2.0m @ 1.64% Cu and 4.28g/t Ag from 51m JK17RC05 6.0m @ 2.00% Cu and 4.93g/t Ag from 66m JK17RC06 3.0m @ 2.86% Cu and, 2.27g/t Ag from 10m JK17RC08 9.0m @ 2.03% Cu and 17.51 g/t Ag, from 70m

(including 1m @ 8.01% Cu & 66.7g/t Ag) JK17RC09 3.0m @ 2.21% Cu from 11m (including 1m @

5.11% Cu)

Refer ASX announcement 19th January 2018

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The Joker EPM15858Additional Drilling Targets

Joker West

Joker

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The Joker EPM15858Target Extensions adding scale

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Gilded Rose ML’sHigh Grade Gold > 1.5km strike

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Historic UG mining ~46 g/t gold Early RC drilling confirms and extends high grade

gold. High grade gold intersects of up to 22g/t gold below

the current Gilded Rose Open Cut. (Refer ASX announcement 27th November 2017)

Current resource ( JORC 2004 – 2012) drilling targeting shallow open cut and high grade, high margin underground mining – JORC May 2018

>1.5km strike length of high grade out crop and UG mining

Strategically located within < 20km radius of current 3rd party gold processing facilities.

RC drilling result highlights include: GR17RC23: 3 metres @ 11.16 g/t Au from 79

metres incl. 1 metre @ 22g/t Au GR17RC25: 5 metres @ 6g/t Au from 64 metres

incl. 1 metres @ 17.25g/t Au GR17RC03: 1 metre @ 9.29g/t Au from 79 metres

and further intersection of 1 metre @ 9.54g/t Au from 88 metres

GR17RC19: 1 metre @7.01g/t Au From 73 metreswith further intersection of 1 metre @ 9.53g/t Au from 81 metres

Near term gold production Gilded Rose JORC May ‘18

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High Grade Drilling ResultsGilded Rose

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High Grade Gold Drilling ResultsGilded Rose

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Mt Freda – Evening Star multiple granted Mining Leases Current Resource drilling upgrade (JORC 2004 – 2012) ~4,000m RC

& 1,100 Diamond Core to date. JORC May 2018 Historical Resources for Gold & 1 million pounds Cobalt (Refer QMC

ASX announcement 8th March 2011) Drilling indicates gold mineralization extends from current pit floor,

open at depth and along strike – massive sulphides intersected at depth

Drilling continues targeting Gold & Cobalt resources(Refer ASX Announcement 5th December 2017 & 3rd October 2017)

Mt Freda Open Cut GoldNear Term Production

Significant assay include:o DRILL HOLE MFRC 112 ‐ 2M @ 8.45/t Au (from 158m)o DRILL HOLE MFRC 102 ‐ 3M @ 5.63g/t Au (from 76m)o DRILL HOLE MFRC 108 ‐ 5M @ 4.17g/t Au (from 122m)o DRILL HOLE MFRC 114 ‐ 6M @ 3.22g/t Au (from 108m)o DRILL HOLE MFRC 113 ‐ 6M @ 1.70g/t Au (from 136m)o DRILL HOLE MFRC 103 ‐ 4M @ 1.82g/t Au (from 77m)

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Sub Audio Magnetic Survey (SAM) identifies additional target extensions to Mt Freda Open cut

Sub-audio magnetic geophysical survey identifies ~ 950 m long conductive structure, extending from the Mt Freda open cut pit to the west, entirely within the Ausmex mining lease and EPM 14163

Drill targets designed to test conductive structures striking from Mt Freda into EPM14163

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Mt Freda Open Cut ExtensionsLarge Mineralised Gold System

SAMSub Audio Magnetics

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High Grade Gold, Copper & CobaltEvening Star – Canteen (Mt Freda)

RC Drilling within the shear zone returned very high cobalt results including: ESRC02 1m @ 2,030 g/t within 6m @ 1,108 g/t

cobalt from 0-6m ESRC03 4m @ 1,190 g/t Cobalt from 4 – 8m ESRC05 3m @ 1,380 g/t Cobalt from 11 -14m ESRC08 9m @ 400g/t Co, 1.01 g/t Gold, and

3.16% copper

Additional discovery of ~12m wide outcropping high-grade cobalt, copper and gold mineralisation within the Mt Freda Leases with rock chips returning up to: Cobalt 1,610 g/t Co Copper 32.70% Cu Gold 33.40 g/t Au

The Mt Freda orebody and historic 1 million pound Cobalt Resource is located ~500m to the north of the new discovery.

Historical work – Geological setting and indicators for large IOCG style alteration system Mt Freda Complex (Exco May 2012)

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Evening Star – Canteen (Mt Freda) ~ 1km Cobalt- Copper - Gold Shear Zone

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~ 1km Cobalt- Copper - Gold Shear Zone Drilling

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~ 1km Cobalt- Copper - Gold Shear Zone Drilling

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~ 1km Cobalt- Copper - Gold Shear Zone Drilling

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~ 1km Cobalt- Copper - Gold Shear Zone Drilling

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Additional Untested Gold & CopperExploration targets North EPM14163

Untested Gold Targets

UntestedCopper Targets

~ 10km Copper – Goldsystem

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Mt Freda Mineralised Stockpiles

~200kt of stockpiled ore previously mined @ ~2g/t gold Application lodged to build VAT Leach operation on site at

Mt Freda Multiple Third Party interest to purchase or toll treat Potential to process or generate significant cash flow in

2018 to fund further exploration

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Short Term CashflowMt Freda oxide gold stockpiles

Mineralised stockpiles

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Burra Copper Gold Field G2 Structural corridor, host to world class

Prominent Hill, Olympic dam, & Carappateena

The Monster Mine at Burra produced 10% of the world’s copper in 1851 and produced 86,000 tonnes of copper with 2.7Mt@ 3% Cu being mined.

Mongolata gold field to east of Burra and numerous old gold mines confirms extensive presence of gold throughout the Burra province

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Burra SA – World Class Porphyry targets

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Burra Copper Gold Field EL 5881 ~ 970skm 100% Ausmex Multiple historic high grade copper and

gold workings Ausmex believe “ under explored” Strategic exploration alliance with

Adelaide University & Allender Exploration

PNX option agreement Mongolata gold fields Princess Royal Copper Project

Large Porphyry copper gold targets Regional Geophysical Exploration

program to be conducted by Adelaide University commencing early 2018

Near neighbour ~ 5% Cobalt “Investigator Resources”

Burra SA – strategic holdingHigh Grade Cobalt“Investigator Resources”

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Top 20 Share holders – 69%

Holding Statement, 4 February 2018

Position Holder Name Holding % IC1 C4 SHARES PTY LTD <THE C4 SHARES A/C> 100,000,000 24.73%2 BESTVALE RESOURCE CONSULTANTS PTY LTD <BESTVALE SUPER FUND A/C> 24,242,315 5.99%

3 MATHEW MORGAN <MORGAN FAMILY S/F A/C> 22,266,316 5.51%4 FLORIMS PTY LTD <THE FIREK FAMILY A/C> 19,302,316 4.77%5 BRASH CORPORATION PTY LTD 18,927,316 4.68%6 CITICORP NOMINEES PTY LIMITED 16,976,125 4.20%

7 QUEENSLAND MINING CORPORATION LIMITED 12,500,000 3.09%8 MATTHEW SUTTLING <THE SUTTLING FAMILY A/C> 9,947,558 2.46%9 SUNSET CAPITAL MANAGEMENT PTY LTD <SUNSET SUPERFUND A/C> 9,442,500 2.33%10 LIPPO SECURITIES LTD <CLIENT A/C> 7,950,000 1.97%

11 ARMADA CAPITAL & EQUITIES PTY LTD 5,175,000 1.28%12 MIENTZE TANG <THE PURPLE ROBE A/C> 4,529,179 1.12%13 CELTIC CAPITAL PTE LTD <INVESTMENT 1 A/C> 4,370,000 1.08%14 STEVE & THERESE HARPER <HARPER SUPER FUND A/C> 3,952,000 0.98%

15 LIBERTINE INVESTMENTS PTY LTD 3,751,375 0.93%16 CELTIC CAPITAL PTY LTD <THE CELTIC CAPITAL A/C> 3,622,500 0.90%17 CELTIC CAPITAL PTY LTD <THE CELTIC CAPITAL A/C> 3,318,750 0.82%18 ARIS NOMINEES PTY LTD <SHREEVE SUPER FUND A/C> 3,025,000 0.75%19 DREAMPT PTY LTD <DREAMPT A/C> 2,975,000 0.74%

20 MR & MRS DELLA BOSCA <JA & JG DELLA BOSCA S/F A/C> 2,725,000 0.67%

Total 278,998,250 68.99%

Total issued capital - selected security class(es) 404,412,399 100.00%

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Corporate Details

Board of Directors

Yosse Goldberg, Non-Executive Chairman

Matt Morgan, Managing Director

Dr Andrew Firek, Non-Executive Director

Geoff Kidd, Non-Executive Director

For further information please contact:

Matt MorganManaging Director0427 518 077mattm@ausmexgroup.com.au

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IntroductionThe information in this presentation has been prepared by Ausmex Mining Group Limited (the Company) for the purpose of providing a high level overview of its business model and experienced management team.

Forward looking statementsWhilst based on information from sources considered reliable, Ausmex Mining Group Limited (AMG), its directors, employees and consultants do not represent, warrant or guarantee, expressly or impliedly, that the information in this document and presentation is complete or accurate. To the maximum extent permitted by law, AMG disclaims any responsibility to inform any recipient of this document and presentation of any matter that subsequently comes to its notice, which may affect any of the information contained in this document and presentation.

Disclaimer Although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and that the opinions expressed are fair and reasonable, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information and opinions contained in this presentation and no reliance should be placed on such information or opinions.

To the maximum extent permitted by law, none of the Company nor any of their respective members, directors, officers, employees or agents, advisers, consultants nor any other person accepts any liability whatsoever for any loss, however arising, from the use of this document or its contents or otherwise arising in connection with it, including, without limitation, any

liability arising from fault or negligence on the part of the Company or any of their respective directors, officers, employees or agents.

Competent Person StatementStatements contained in this report relating to exploration results and potential is based on information compiled by Mr Matthew Morgan, who is a Member of AusIMM. Mr Morgan is Managing Director of Ausmex Mining Group Limited and a Geologist whom has sufficient relevant experience in relation to the mineralisation styles being reported on to qualify as a Competent Person as defined in the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves (JORC Code). Mr Morgan consents to the use of this information in this report in the form and context in which it appears.

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Important NoticeF

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