ASX Release - IVR Significant silver intersections at Peterlumbo, SA xxth February 2011

Investigator Resources Ltd Tel: +61 7 3870 0357 PO Box 343 Toowong, QLD 4066 ASX Code: IVR ABN 90 115 338 979 www.investres.com.au info@investres.com.au Page 1 of 1

Date: 24 April 2012

Re: Investor Presentation

Attached is an updated presentation to be delivered to investors at a series of meetings and conferences including SAREIC in Adelaide 1 May 2012 and RIU Sydney 8 May 2012.

The presentation includes new sections and updated geological interpretations for the Paris silver prospect.

For further information contact: Mr John Anderson Managing Director Investigator Resources Limited Phone: 07 3870 0357

Investigator Resources Limited

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ASX Code: IVR

Investigator Resources Limited

Paris - The new silver setting

in South Australia

Investor Presentation 24th April 2012

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Disclaimer

The information in this presentation is published to inform you about Investigator

Resources Limited and its activities. Some statements in this presentation regarding

estimates or future events are forward looking statements. They involve risk and

uncertainties that could cause actual results to differ from estimated results. All

reasonable effort has been made to provide accurate information, but we do not

warrant or represent its accuracy and we reserve the right to make changes to it at

any time without notice.

To the extent permitted by law, Investigator Resources Limited accepts no

responsibility or liability for any losses or damages of any kind arising out of the use

of any information contained in this presentation. Recipients should make their own

enquiries in relation to any investment decisions.

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Slide 3

Strong Mining Board since inception

Roger Marshall OBE Chairman (former Deputy Chair - McArthur Coal)

Bruce Foy (former Managing Director - ING Bank NV Australia)

David Jones (former Chief Geologist - Newmont Australia)

John Anderson Managing Director (former GM Exploration Australia - MIM)

Capital Structure at 23rd April 2012

Total shares on issue 252,438,032

• CITIC Australia Pty Ltd 45,987,173 (18.2%)

• Acorn Capital 24,608,402 (9.8%)

Capitalised c. $78m @ 31c share (at 20th April 2012)

Cash at bank - $6.3 million (at 31st March 2012)

Strengths - consummate minerals explorer

• Greenfields Paris silver discovery (high-grade shallow)

• Multiple other targets in newly recognised epithermal field

• First mover in resurging province

• Dominant ground position

Corporate Details F

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Slide 4

Paris silver prospect - good location

In resurging mineral

province of southern

Gawler Craton

70km NW of Kimba

township & Eyre Hwy

40km from end of

bitumen & 11km from

public road

Buckleboo pastoral lease

ILUA with Native Title

claimant group and

extensive heritage

survey clearances

Kimba

Olympic Dam

Adelaide

Paris

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Slide 5

Thin soil cover

Rhyolite outcrop or float

Mineralising dykes

Mineralised volcanic outcrops or float

Early dykes & structures

Granodiorite or granite

Altered basement sediments

Peterlumbo JV - IVR 75% fixed interest & manager

Greenfields Paris discovery within large Peterlumbo field Field offers widespread near-surface potential

Plan – western end of JV tenement

Soil geochemical targets

within epithermal field

interpreted by scattered

classic indicators

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Slide 6

Rare prospective epithermal outcrops rim the newly recognised field

IVR’s recent soil geochemistry revealed the real potential

of the field and led to the Paris silver discovery

First mover opportunities in new precious metal field

Peterlumbo Landscape

Nankivel rhyolite breccia with

Peterlumbo Hill in background

Rhyolite breccia

near Paris

Epithermally-altered

volcanic outcrop at Helen

Gold-bearing float

at soil anomaly

Scout aircore drilling

at Paris soil target

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Slide 7

Paris drilling plan showing key intersections Generally oxidised by weathering to around 60m vertical depth from surface

Silver-rich pyrite mineralisation

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Slide 8

Paris – interpretive target plan Subvolcanic epithermal manto/feeder vein system

Granodiorite

Mantos Ag-Au Veins

Global exploration model from: Sillitoe & Hedenquist 2003

Interpreted vertical feeder

structure with potential

for gold credits at depth

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Western Zone

PPRC008: 5m @ 2,395g/t Ag North Eastern Zone

PLAC125: 5m @ 286g/t Ag + 5m@ 140g/t Ag

granodiorite

schist schist carbonate possible carbonate

& targets

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Interpretive geology on IP resistivity section – Line 8 at northern end of Paris prospect

Granodiorite intrusive into reactive carbonate

Likely mineralised structures on granodiorite margins feed flat-lying silver and lead mineralisation (“mantos”)

replacing upper levels of carbonate near palaeosurface

Recent Induced Polarisation “IP” geophysical survey maps saline groundwater and/or oxidised sulphides as exploration

indicator above mineralisation

Deeper IP response maps unmineralised schists

100 metres

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Slide 9

Lead intersection Silver intersection

(LHS of drill trace) (RHS of trace)

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Western Zone

PPDH001: 4.75m @ 1,108g/t Ag

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feeder

North Eastern Zone

PPDH002: 11.6m @ 3,646g/t Ag

Central Feeder Zone?

PPDH004: 0.5m @ 2,900g/t Ag

100 metres

possible carbonate

& targets

Line 7, Paris prospect High-grade North Eastern Zone

Interpreted northern end of Central Feeder

IP maps possible carbonate & new targets on eastern side along length of prospect

Lead intersection Silver intersection

(LHS of drill trace) (RHS of trace)

Slide 10

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NE Feeder Zone

PPRC026: 6m @ 211g/t Ag

Lead Spine = top of Feeder Zone

PLAC097: 13m @ 5.87% Pb

& 18m @ 223g/t Ag

North Eastern Zone

PPRC026: 7m @ 1,810g/t Ag

PPRC027: 1m @ 118g/t Ag

Central Feeder Zone

PPRC025: 14m @ >427g/t Ag

100 metres

possible carbonate

& targets

Line 6 south of initial drilling on Line 7

Southern extension to high-grade North Eastern Zone

Interpreted intersections of near vertical mineralised feeder structures

• Not detected by IP in resistive carbonate

• Central Feeder Target = “Lead Spine” described in 2011 aircore drilling

Slide 11

100 metres

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Central Feeder Zone

PPRC032: 6m @ 596g/t Ag & 0.2g/t Au

possible carbonate

& targets

Southern extension to NE Feeder Target

100 metres

Central part of Paris prospect

Central Feeder target with gold credit

Untested southern extension of North Eastern Zone

including feeder target under short aircore holes

Slide 12

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South Eastern Zone PLAC139: 4m @ 332g/t Ag

PPRC039: 19m @ 965g/t Ag

PPRC040: 4m @ 115g/t Ag

New IP targets

Southern end of Central Feeder Zone

PPRC039: 2m @ 178g/t Ag

100 metres

Southeast end of Paris prospect

South Eastern Zone & feeders with more drill potential

New IP targets to east

Slide 13

Lead intersection Silver intersection

(LHS of drill trace) (RHS of trace) For

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Underway

Expanding geological & project team

Establishment of camp

Seeking faster turnaround of high silver drill assays

Mineralogy for preliminary ore-type characterisation

Discussions with metallurgical & environmental consultants

Planned commencing May

Large diameter PQ drilling for structural & metallurgical data

Infill RCP drilling (10,000m plus)

Metallurgical testing

Hydrological studies

Flora-Fauna study

Resource Estimation October to December

Slide 14

Scheduled Paris program for balance of calendar 2012 F

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Silver-in-soil values

>200ppb silver

> 100ppb silver

>50ppb silver

+ Background

Slide 15

Float

78g/t silver

Small outcrop

170g/t silver

Rubble

13g/t silver

Float

0.4g/t gold Float

24g/t silver

Outcrop

3g/t silver

Alexander

Trojan Horse

Helen

Paris

Other satellite soil targets to be tested within 5km of Paris

Plan of Peterlumbo field (75% IVR)

7,000m of aircore & RCP drilling planned during 2012

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Slide 16

Peterlumbo area – diverse & extensive potential Schematic geological section showing targeted deposit styles

Gawler

Ranges

South North

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Slide 17

Paris target area is about same size as

the historic Fresnillo field including

mantos, mined initially from 1554.

New Saucito mine

on recent discovery

of new veins

Modern Fresnillo silver mine on

deeper near-vertical veins

Comparison with Fresnillo field, Mexico - Second largest global silver mine Field has similar size & volcanics/intrusive/palaeosurface setting to Peterlumbo

Fresnillo geology & silver vein map from: Velador 2010 PhD Thesis

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Cannington

Fresnillo

Uchucchacua

Dukat

Pallacanta

Arcata

Imiter

Greens Ck

Alamo Dorado

Piriquitos

San Jose

0

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400

500

600

700

800

0 5 10 15 20 25 30 35 40

Slide 18

Grade *

(g/t Ag)

Annual production *

(million ounces silver)

Global silver mines - Many large deposits have epithermal geology like Paris Paris has potential for comparative high silver grades at open-pittable depths

* Note: Data is from various sources & is approximate

epithermal

epithermal

& rhyolite

other

Generally underground mines

Generally open-pit mines

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Kimba

50km

Gawler Range Volcanics

Silver-in-soils reference map ( Silver > 30ppb)

Hopcrafts Dam

Menninnie X Dam

X Weednanna

Slide 19

Victory East

Botenella Gate

Peterlumbo

epithermal field

Botenella Gate

Hopcrafts Dam

Aiming to scout drill at Hopcrafts

Dam & Botenella Gate (100% IVR)

with 4,000m of aircore drilling

from mid-2012

Dominant regional position Potential new metal centres on Eyre Peninsula

Delineated by regional soil

geochemistry ( Silver > 30ppb)

as led to Peterlumbo field &

Paris discovery

Prospective metal centres as

predicted along Moonta Corridor

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Olympic Dam

Prominent Hill

Tunkillia

Hillside

Moonta

Mullaquanna

Menninnie

Dam

Slide 20

Weednanna

IVR’s Advantages

Key IVR projects

• Team’s discovery record in SA

• Leading industry with new

targeting model

(The Moonta Corridor)

• Dominant ground position

• Proprietary dataset of

innovative regional soil

geochemistry enabled

new targets to be defined

on Eyre Peninsula

3. EAST EYRE

Cu Au Ag

2. PETERLUMBO silver gold epithermal field

High grade silver discovery

at Paris confirms IVR approach

& potential for a new generation

of similarly developed silver

gold or copper targets

4. BUTE IOCG copper gold

Iron oxide copper gold (IOCG) deposit

Uranium

Lead zinc prospect

Gold deposit

Mullaquanna

1. PARIS SILVER DISCOVERY

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Slide 21

Priority 1. Paris silver prospect (90% of expenditure) Advanced drilling +10,000m (May 2012 onwards)

Metallurgical, environmental work & resource estimation

2. Other Peterlumbo silver targets First pass target drilling – 7,000m

(mid–late 2012)

3. New Eyre Pen. metal centres Scout drilling - 4,000m

(mid-late 2012)

4. Bute IOCG targets First pass drilling – 2,000m

(mid-2012 if accessible)

Aiming for a Paris silver resource later in 2012

Aggressive 23,000m drill program for balance of 2012 F

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The information in this presentation that relates to Exploration Results and Mineral

Resources is based on information compiled by John Anderson (BSc(Hons)Geol)

who is a member of the Australasian Institute of Mining and Metallurgy and is bound

by and follows the Institute’s codes and recommended practices. Mr Anderson is a

full-time employee of Investigator Resources Limited. He has sufficient experience

which is relevant to the styles of mineralisation and types of deposits under

consideration and to the activities being undertaken 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. Anderson consents to the

inclusion in the report of the matters based on his information in the form and context

in which it appears.

Slide 22

Competent Person Statement F

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