INVESTOR UPDATE PRESENTATION

ANNOUNCEMENT 2 AUGUST 2010

Coretrack Limited is pleased to release its latest Investor Update Presentation. CEO/Managing Director, Nanne van ‘t Riet, will be delivering this updated presentation at the Australian Microcap Investment Conference on Tuesday, 3 August 2010, in Melbourne, Victoria. For more information on the Australian Microcap Investment Conference please visit microcapconferences.com AUTHORISED BY:

Shannon Coates Company Secretary Coretrack Limited is an ASX listed company that provides technical solutions to the energy industry in the form of down hole tools, products and services. Since the company’s conception, Coretrack has focused primarily on building its highly anticipated integrated core tracking tool, the Core Level Recorder System (CLRS), and introducing the tool into the commercial market. The company has accelerated its operations and growth plan by acquiring one of Australia’s leading drill rig manufacturing/drilling services companies, Globe Drill Pty Ltd. The Globe Drill acquisition has brought together two world class companies, both at the forefront of producing superior products and services for the global energy sector.

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CORETRACK INVESTOR

2010 Australian Microcap Investment Conference

Presenting: Managing Director/ CEO Nanne van ‘t Riet

Core Level Recorder System (CLRS)

Globe Drill’s GT3000

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DISCLAIMER

The information contained in this presentation is current as at 27 July 2010 and is provided byCoretrack Limited (ABN 80 112 379 503) ("Coretrack") as a summary document for informationpurposes only.

Any forward looking statements included in this presentation involve subjective judgment and analysisand are subject to uncertainties risks and contingencies, many of which are outside the control of andmay be unknown to Coretrack at the time of preparing this presentation.

Actual future events may vary materially from the forward looking statements and the assumptions onwhich these statements are based. Recipients of this information are cautioned not to place unduereliance on such forward looking statements.

The information contained in this presentation is provided in good faith, however, Coretrack makes norepresentation or warranty as to the accuracy, reliability or completeness of the information. To theextent permitted by law, Coretrack and its officers, employees, related bodies corporate and agents,disclaim all liability, whether direct, indirect or consequential, and whether or not arising out of thenegligence, default or lack of care of Coretrack and/or any of its agents, for any loss or damage sufferedby a recipient or any other persons, arising out of or in connection with any use or reliance on thispresentation or information.

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Coretrack & Globe Drill…

Ready to revolutionise coring and drilling in the energy, water and

mineral sectors

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CONTENTS

Company Overview

CLRS - Status Update

GT3000 – Status Update

Benefits of Globe Drill Acquisition

Competitive Advantages

Anticipated Timeline

Conclusion

Financials

Progress since Acquisition

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CORETRACK WHO IS CORETRACK

CORETRACK OVERVIEW

Coretrack Limited

GT3000 (Globe Drill)

Energy- Geothermal Drilling

CLRS (Coretrack)

Oil and Gas Coring Tool

Stock Information

BOARD OF DIRECTORS

Nanne van ‘t Riet

MD/CEO BA, JurisDoctor, FAICD

- Extensive oil & gas background (Royal Dutch Shell Group, Qatar Petroleum)

Warren Strange Executive Director

GeneralManager Globe Drill

- 34 years of successful experience in the drilling industry

- Sold Strange Drilling for >$30M

Trevor Beazley Non-exec B.Bus (Acc) - Extensive public company director experience- Broking background and founder of Maiden Capital

Coretrack Limited (19 July 2010)

Stock Exchange Code

(AUS)CKK

Stock Exchange Code

(GER)KXT.BE

Date Listed31 August

2006

Listed Shares 125,395,711

Unlisted Options on

Issue14,100,000

Current Share Price $0.19

12 Month Low $0.13

12 Month High $0.36

* Information correct as of 19 July 2010*Table Sourced from:http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&allinfo=&asxCode=ckk

LAST THREE MONTHS:

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Real Figures:

Offshore rigs cost between $40,000 and $50, 000 per hour.

To “side track” an offshore well after milling core can cost millions.

It is estimated that the oil and gas industry spends $0.691 - $1.7 billion on coring every year.*

Lack of Real Time Data

• Core barrel jamming

• Formation milling

Geological Puzzle

• Cut length vs. Received length

CORING PROBLEM = CORETRACK’S OPPORTUNITY!

CLRS - STATUS UPDATE

*Source: Pegasus Securities Pty Ltd report ‘Coretrack (CKK)’ dated 28 April 2009

Problems:

WHAT IS CORING? WHY DO WE CORE?

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CORETRACK CLRS - STATUS UPDATE

To view animated demonstration of the Core level Recorder System please visit www.coretrack.com.au

Coretrack provides technical solutions to the oil and gas industry in the form of tangible tools/products. The current focus is on coring.

CLRS Animation - click to play

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END USER ADVANTAGES

Direct and substantial tangible benefits for the oil and gas industry:

Real time measurement whilst coring

Immediate identification of core milling

Immediate core jam notification

No stop losses due to information uncertainty

No need for expensive deviated wells to “re-do” jobs gone

wrong

Vastly improved core recovery data

Certainty in respect of core-to-reservoir correlation

Reduced exploration risk and reduced development risk

Substantial cost savings

CLRS - STATUS UPDATEF

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TESTING & INDUSTRY SUPPORT

Testing Partners: Aramco, Occidental, PDO, Apache

Other Assistance: Halliburton/DBS & Baker Hughes

Commerciality: Interest from parties such as Chevron, BHP, Woodside, ENI

Full System Run: Woodside/Halliburton mobilised the CLRS for full system run (16/7/2010)

Competitors: No other company provides a tool which collects and transmits core acquisition data in real time

CLRS - STATUS UPDATEF

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GLOBE DRILL COMPANY OVERVIEW

GT3000 – STATUS UPDATE

• Globe Drill was established by Mr. Warren Strange

• Globe Drill was part of the Strange Group of companies

• Warren Strange and Globe Drill have built 14 drill rigs (ultimately sold for in excess of $30m)

• Warren Strange has 34 years of successful experience in the drilling industry

• Proven track record in manufacturing

• Proven track record in management

• Proven track record in drilling operationsFor

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ACQUISITION INFORMATION – GLOBE DRILL:

• Completed February 2010

• Script Acquisition for 6,583,273 CKK shares @ 22cps ($1.448m)

• License agreement for IP agreed

• Underwritten Capital Raising of $10.06m by Cygnet Capital

GT3000 – STATUS UPDATEF

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ADVANTAGES OF ACQUISITION:

BENEFITS OF ACQUISITION

Revenue potential commencing in Q3 2010

Bolt-on complementary business acquired for asset price minimising investment risk

Superbly placed to take advantage of the growing energy market (including geothermal energy)

Significant upside for all shareholders due to advantageous acquisition terms

Current Kalgoorlie complex also has the versatility of building standard mineral rigs should the market demand this product

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THE GT3000 - ENERGY EXPLORATION AND PRODUCTION RIG

Outcomes :

Superior pull back force

Size and weight advantage

Heat resistant advantages

Considerable site footprint advantages

Superior fuel efficiency

Fewer operators required

Delivers superior profits at industry charge out rates

COMPETITIVE ADVANTAGESF

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GT 3000 RIG’S COMPETITIVE ADVANTAGES

Competing Models Globe Drill Competition Competition

Rig Type GT3000 Rig 1 Rig 2

Horsepower required: 500HP 1500HP 3,000HP

Pullback capacity 154 tonne 90 tonne 180 tonne

Fuel Efficiency (without auxiliary equipment) 50 litres/hour 200 litres/hour 400 litres/hour

Mobilisation (truck loads required for set-up) 5 loads 15 loads 75 loads

Site Footprint 1000 square metres 10,000 square metres 20,000 square metres

Staff Operating Requirements (per shift) ≈4 Personnel ≈15 Personnel ≈25 Personnel

Product Strategy

Temperature Resistance 60C 45C 45C

Average Production per 3km, 9inch hole 25 metres per hour 5 metres per hour 3 metres per hour

Availability 95 - 99% 75 - 85% 75 – 85%

Gross Profitability (operator) 60%-80% 15-35% 20-40%

Operator Maintainability High Poor Poor

Maintenance Service level20,000 hours between

major overhauls10,000 hours between

major overhauls12,000 hours between

major overhauls

Durability Average 25 years Average 8 years Average 12 years

Country of origin Australian Imported Imported

Current Minimum Availability 5 months 12 months 18 months

COMPETIVE ADVANTAGESF

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CORETRACK COMPETIVE ADVANTAGES

Globe Drill’s GT3000 animation can be viewed at www.coretrack.com.au

GT3000 Animation - click to play

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GT3000 CASHFLOW POTENTIAL PROJECTIONS DURING A 12 MONTH PERIOD:

• Cost to construct a GT3000 drill rig: $3,300,000

• Cost of auxiliary equipment and consumables: $6,000,000

• Annual rig revenue projection at 50% utilisation: $21,600,000

• Annual rig profitability projections at 50% utilisation: $14,600,000

• GT 3000 is expected to drill at least twice as fast as conventional rigs

• GT 3000 is expected to be in high demand due to its proposed size and time benefits

FINANCIALSF

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CORETRACK PROGRESS SINCE ACQUISITION

FEBRUARY – JUNE 2010

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CORETRACK PROGRESS SINCE ACQUISITIONF

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NEWS AND DATES TO KEEP AN EYE OUT FOR:

ANTICIPATED TIMEFRAME

GLOBE DRILLING EVENTS:

• Completion & “shake down” of GT3000: Q1 FY 2011

• First commercial well: Q1-2 FY 2011

CORETRACK EVENTS:

• Currently on track for full system run of CLRS with

Woodside/Halliburton

• European Listing (Berlin Stock Exchange)

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CONCLUSION:

CONCLUSION

CLRS: R&D completed

CLRS: commercialisation imminent

Globe Drill: Exciting new acquisition with enormous

potential for the geothermal and broader energy market

Coretrack Group: exciting, world class technologies with

huge potential

Join us: ASX Code: CKK

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THANK YOU

www.coretrack.com.au

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