Kidman Resources AGM November 30 2011 www.kidmanresources.com.au 1

Crowl Creek Project - Cobar Region, NSW

Hale River Project - Northern Territory

ACN 143 526 096

AGM Presentation 2011

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Preparation

This Information Presentation has been prepared by Kidman Resources Ltd (ACN 143 526 095) (“Kidman Resources” or

“Company”) to provide prospective investors in the Company with general information to assist them in deciding whether they

wish to undertake their own investigation or consider a possible investment in the Company. This Information Presentation is

based on information and material collated, prepared by and supplied to the Company and from publicly available information.

The Company has not independently verified the reliability, completeness or accuracy of certain of the information and materials

contained in this Information Presentation and does not represent that such information and materials are reliable, complete or

accurate. This Information Presentation is not a prospectus and does not constitute an offer or invitation or recommendation to

any person and has been prepared solely for use by persons who are deemed to be “sophisticated investors” as described in

the Corporations Act.

The projections and assumptions in this Information Presentation are indicative only and are not and should not be relied upon

as representations as to future matters. The projections are based on assumptions that may or may not prove to be correct.

The recipient must make its own independent assessment and investigation of those projections and assumptions.

Disclaimer

The Company and its respective shareholders, directors, partners, employees, officers, agents, consultants or advisors disclaim

(to the maximum extent permitted by law) all duties and liabilities, including liability for negligence, for any loss or damage which

is suffered or incurred by any person acting on any information provided or omitted to be provided by any of them in connection

with an investment in the Company or any statements, opinions or matters (expressed or implied) arising out of, or contained in,

or derived from, such information.

Competent Persons Statement

The information in this presentation that relates to Exploration Results and Mineral Resources has been compiled by Mr Shane

Mele, Bsc (Hons), who is a member of the Australasian Institute of Mining and Metallurgy and is a full-time employee of the

company. He has sufficient experience that is relevant to the styles of mineralisation and types of deposits under consideration

and to the activity that is being undertaking to qualify as a Competent Persons as defined in the 2004 edition of the Australasian

Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Mele consents to the inclusion in the

presentation of the matters based on his information in the form and context that the information appears.

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Agenda

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1. Kidman Overview

1st Year Achievements

Corporate Profile

2. 2011 Exploration Outcomes

Blind Calf, NSW

Wilmatha, NSW

3. The Plan for 2012 For

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Kidman Overview

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What is Kidman? Kidman is a mineral exploration company

targeting copper, silver, gold, lead, zinc & REO

in Australia.

Kidman’s mission is to explore, discover, and

develop economic mineral deposits.

Kidman is an explorer with; Quality Team

Quality Assets

Significant Copper Discoveries

Solid Exploration Model

Multiple “Ore Grade” Drill Intercepts

Focussed & Systematic Exploration Strategy

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ASX Listed January 2011 - Ranked “Top 5” IPO (AFR)

2 Copper Discoveries - Lachlan Fold Belt, NSW

Blind Calf – Multiple “High Grade Copper” intercepts

27m @ 6.1% Copper from 24m

Wilmatha - “First pass” drilling intersected

3m @ 1.4% Copper from 33m

52 drillholes for 6,260m completed – money in ground

Next phase of drilling commencing December 2011

2011 Achievements (1st Year) F

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Corporate Profile

Board & Management • Garrick Higgins – Non-Executive Chairman

• Shane Mele – Managing Director

• Andrew McIlwain – Non Executive Director

• Nicholas Revell – Non Executive Director

• Melanie Leydin – Company Secretary

Shares on Issue 42.5m

Listed Options (Exp 11/2013 Ex Price 20c)

10.6m

Director & Staff Options Nil

Number of Shareholders 608

Top 20 Shareholders 59%

Market Cap @ 29c $13m

Cash (at 30th September 2011) $2.2m

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Cobar Belt - World Class Field

Host Large Poly-metallic Deposits

eg. CSA, Elura, Peak, Hera, etc…

High-grade

Deep and continuous (>1.8km)

BLIND CALF

“potential” Cobar style Deposit ???

Lachlan Transverse Zone

Host Large Cu-Au Porphyry/Epithermal?

Deposits (eg.Cadia, Parkes)

WILMATHA

too early to call!

2011 Outcomes - NSW Projects

50km

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NSW Projects – Tenements

• Major Companies

• High Exploration Activity

• Kidman well positioned

50km

Kidman Tenements

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Blind Calf & Wilmatha Focus

Mineral Hill Mine In Production 2011

Blind Calf Prospect

Wilmatha Prospect

Multiple “high grade copper” drill intercepts

Maiden drilling “Significant” Copper

Intercepts

Condobolin 60km’s

Kidman Tenements

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Blind Calf Prospect

• Multiple Lenses

(5 Cu, 1 Pb-Au)

• All Open at depth

• NNE Trend/Dip west

• 3 High Grade Lodes (Blind Calf, Dunbar, Thomas)

• Steep Lode plunge

• 40 Drillholes for 4,536m

• 3 DHs below 100m

• High success rate (1 in 3DH intercepts >1% Cu)

200m

Kidman

Triako

Horizon

Blind Calf Lode

Dunbar Lode

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Blind Calf - Cross Sections

Looking North

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Blind Calf RC Chips - KD11-17 (Cu% 35-39m)

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12.65% 14.15% 16.2% 12.05%

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Hole ID From Interval Copper

KD11-17 24.0m 27m 6.1%

Including 5m 13.45%

KD10-01 41.0m 22m 2.16%

including 9m 3.26%

KC36 141m 8m 2.75%

including 4m 4%

KC33 97.0m 10m 2.8%

including

5m 5.1%

Blind Calf – Significant Copper Intersections F

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Blind Calf - Geophysics 3D IP Survey

• Identify deep conductors and potential “Blind

Lenses”

• Area coverage 1.5 x 1.2km

• 3D Inversion Model due soon

• Fast-track Target Generation for drilling

1.2km

1.5km

IP Survey Area

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• Polymetallic (Cu-Au-Pb-Ag-Zn) YES

• Gilmore Suture (major structure) YES

• High Grade (>4% Cu) YES?

• Strong vertical extent ( + 1km) OPEN

• Narrow width (

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• Historic Workings with copper production - Blind Calf produced 100t

copper oxide ore from top 30m, 1908

• Previous Explorers missed “lodes” and drilling deterred by rugged terrain

• Volcanics with numerous N-S dykes and Quartz Reefs parallel to

mineralisation - structural signature of Cobar style deposits

• Kidman targeted directly below shafts - intersected wide zones of high

grade copper and silver mineralisation

• Older IP anomaly targeted and intersected elevated Au-Pb-Zn -

geochemical signature of Cobar style deposits

Blind Calf Prospect - Road to Discovery F

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Historical Lessons from the CSA Mine………

“Like many of the ore deposits in the Cobar

mineral field the C.S.A. ore system gave

little surface indication of the great wealth

that lay below. This was due to a

combination of factors including the

geometry and composition of the ore lenses

(the exposed lode was a lead-zinc-copper

body) and the intense, prolonged weathering

that had leached most of the metals from the

upper part of the deposit. Most deposits at

Cobar are pipe-shaped and have a very

small surface area but great depth

extension”

“The history of the C.S.A. mine provides a

lesson to modern explorers in the Cobar

area, highlighting the need for very careful

surface and near surface search and

persistence in exploration at depth.”

History of the CSA Mine- K McQueen- University of Canberra

Cross section of the upper part of the C.S.A. ore deposit showing location of early workings and the large copper resources hidden to the early miners. Most of the metal had been leached from the upper zone of the Western System above the water table.

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Cobar Style Deposit – Comparisons F

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NSW Projects – Wilmatha Prospect

Mineral Hill Mine In Production 2011

Blind Calf Prospect

Wilmatha Prospect

Numerous “high grade copper” drill intercepts

Maiden Drilling “Significant” Copper

Intercepts

Condobolin 60km’s

Kidman Tenements

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Wilmatha Prospect

• Intrusive-Epithermal System?

• Historic Copper-Gold Workings

(no historic drilling)

• Maiden drilling - 8 RC holes

• Wilmatha 3m @ 1.4% Cu

(incl.1m @ 2.5% Cu, 10.5g/t Ag, 1,100ppm Bi)

• Mahgalore >0.5% Cu, High Bi

• Outcropping Gossans - untested

1km

Intrusive Complex

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Wilmatha Cross-Section

• Quartz-malachite-azurite vein

• 2.5m width (true)

• Intercept in “Oxide-Zone”

• Open every direction

• “Very High” Bismuth >1000ppm

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Number Name Area km2 Comments

EL7535 Whinfell 114.0 Magnetic anomalies near Coonara Fault adjacent to CMPL/

Glencore tenement

EL7536 Yethera 234.6 Near Tottenham Cu-Au mines, untested

EL7537 Blind Calf 25.3 Multiple Copper lodes identified – open at depth

EL7538 Wilmatha 34.7 Historical Cu and Au workings close to Mineral Hill Mine /

Blind Calf prospect

EL7539 Belmore 31.3 Four “bullseye” magnetic targets below open grassland

EL7540 Jumble Plains 26.1 Magnetic targets below open cleared pasture

ELA4078 Bogong 1.3 West of Mineral Hill and contiguous to Blind Calf

EL27962 Hale River (NT) 158.2 Arthur Popes Cu/Rare Earth prospect: 1.66% REO samples

ELA28065 Martingale (NT) 167.3 May contain strike extensions of REE dykes within EL27962

Kidman Tenements - 26 defined targets F

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2012 Exploration Plan

PROJECT 2011 Dec 2012 Jan-Mar 2012 Apr-Jun

Blind Calf (Cu-Ag-Au-Pb-Zn)

DRE Approvals for drilling

Start “deeper” diamond tails

IP 3D Inversion Model

Continue “deeper “diamond drilling

RC Drill IP Anomalies (near surface)

Assay results from January

Diamond Drilling Targeting “High

Grade” Lodes

Geophysics Downhole EM

Assay results

Wilmatha (Cu-Ag-Au-Pb)

Review Geochemistry Data

Plan Geophysics Program

Auger/rockchip sampling

Geological Mapping

Geophysics survey

Assay results

Follow-up RC Drilling

Assay results

Other

Projects (NSW & NT)

First-pass AC drilling (testing

magnetic anomalies)

Assay results

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Summary

Significant Copper discoveries since listing in Jan 2011

Mineralisation open at depth

2012 Exploration Plan

100% project ownership

Experienced exploration team

Funded to pursue planned programs

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Contact

Kidman Resources Limited

Shane Mele,

Executive Director

03 9671 3801

shane@kidmanresources.com.au

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mailto:shane@kidmanresources.com.au