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Investor Presentation April 2013

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Disclaimer

This presentation has been prepared by Ouro Mining Inc. (the "Company").

This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any

purpose without prior written approval of the Company.

The material contained in this presentation is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of, or a

recommendation in relation to, securities in the Company and neither this presentation nor anything contained in it shall form the basis of any contract or

commitment.

Any offering of any of the Company's securities to Australian persons will be subject to Australian securities laws. The distribution of this document in

jurisdictions outside of Australia may be restricted by law, and persons in to whose possession this document comes should inform themselves about, and

observe, all such restrictions. In Australia this document is only being provided to persons who are sophisticated investors, in accordance with section

708(8) of the Corporations Act 2001 ("Corporations Act") and professional investors, in accordance with section 708(11) of the Corporations Act, or to such

other persons whom it would otherwise be lawful to distribute it.

This presentation is not financial product or investment advice. It does not take into account the investment objectives, financial situation and particular

needs of any investor. Before making an investment in the Company, an investor or prospective investor should consider whether such an investment is

appropriate to their particular investment needs, objectives and financial circumstances, seek legal and taxation advice as appropriate and consult a

financial adviser if necessary.

This presentation may contain forward-looking statements that are subject to risk factors associated with exploring for, developing, mining, processing and sale of coal. Forward-looking statements include those containing such words as "anticipate", "estimates", "forecasts", "should", "could", "may", "intends",

"will", "expects", "plans" or similar expressions. Such forward-looking statements are not guarantees of future performance and involve known and unknown

risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company. It is believed that the expectations

reflected in these statements are reasonable but they may be affected by a range of variables and changes in underlying assumptions which could

cause actual results or trends to differ materially. The Company does not make any representation or warranty as to the accuracy of such statements or

assumptions.

This presentation has been prepared by the Company based on information available to it as at January 31, 2013 and has not been independently

verified. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions

and conclusions contained in this presentation. To the maximum extent permitted by law, none of the Company or its subsidiaries or affiliates or the directors, employees, agents, representatives or advisers of any such party, nor any other person accepts any liability for any loss arising from the use of this

presentation 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 its subsidiaries or affiliates or the directors, employees, agents, representatives or advisers of any such party.

The Company estimates its reserves and resources in accordance with the Australasian Code for Reporting of Identified Mineral Resources and Ore

Reserves 2012 Edition (JORC Code).

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Ouro Mining Inc

Ouro Mining is an unlisted public company developing its 100% owned

Heavener hard coking coal project in the Arkansas Coal Basin of the USA. The company is currently owned by:

Founder Shareholders 50%

Taurus Resources Fund 2 10%

Other Shareholders 40%

The Heavener Project is expected to produce 1.7Mtpa of product coal:

Low to mid vol hard coking coal

Underground longwall mining method

Weir DFS, 20 years JORC Reserves 53Mt

Additional Life of Mine JORC Reserves available 43Mt

The mine will benefit from:

Extensive existing infrastructure availability

First quartile cash operating costs

Low capital requirements

Rapid payback of capital

High quality product for the export market

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Section 1

Heavener Project

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Locality

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The Heavener project straddles the border of Oklahoma and Arkansas

Coal occurs in the Lower Hartshorne Seam

Two 43-101 Reports already completed in 2008 and 2011

Resource of 201Mt (JORC)*

Reserve of 96 Mt (JORC) within Life of Mine Plan*

Over 300 drillholes on the tenements (29,000 metres)

Seam thickness varies from 1.3m to 5.0m, averaging 2.5m.

Seam dips 8⁰ to 16⁰ to the NNW

Little evidence of faulting in 18 km of strike length

Gas increases with depth. Will require degassing

DFS completed February 2013 (Weir International)

* Includes controlled and uncontrolled tenements as defined in WEIR Feasibility Report (2013)

Heavener Project - Summary

Resource Status

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34 diamond drillholes

Geotechnical Work and Mine Design

Degassing Studies

JORC Reserve Statement

Coal washability and washplant design

2D Seismic Survey above planned mining

areas completed.

Heavener 2012 Field Work Completed

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Heavener Conceptual Mine Layout

DFS Mine Plan , first 20 years 53Mt Additional Reserves 43Mt for expansion or extending life beyond 20 years

Exploration

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Heavener Project - Summary

Tenement Status

Eight coal leases totalling 3130 hectares held by Ouro Mining, Inc.

Filing Number: 1912291074

Incorporated in the State of Oklahoma, USA

Applications filed for an additional 2210 hectares adjoining above tenements

Fully permitted open cut title due to recent opencut mining by previous

owners

Permitting for underground development currently underway

The region has a good skilled workforce available

Total local and government support for project development

Excellent infrastructure and access to rail and port

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Washed Coal

• Float @ 1.4 Specific Gravity (%)

• Ash (%)

• Volatile Matter (%)

• Fixed Carbon (%)

• Sulfur (%)

• kcal/kg (dry basis)

• FSI @ 1.5 S.G.

• HGI

• Coke button

Coal Quality Low to Mid-Vol Hard Coking Coal

68.6 - 86.0

6.2 – 6.9

22.8 –23.8

69.4 – 70.7

0.81 – 1.04

8,036 – 8,105

9.0

100+

8.5 to 9

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Transport Infrastructure

Rail and barge options are readily available

Minor capital expenditure to access either option

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Transport Infrastructure

Primary target markets are South America (Brazil) and Western Europe

Access to Asian markets via the Panama Canal

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Heavener Project Summary

Mining: Punch longwall with continuous miners for gateroad development

LW currently planned at 125m face with potential to expand to 250m faces

Planned production rate over a 20 year DFS Mine Plan 53Mt in place –

Average1.7Mtpa of washed product coal

Additional JORC reserves available within Life of Mine for a second mine

development, expansion or mine life extension – 43Mt

Estimated Costs – First 20 year Mine Plan 53Mt:

Capital - US$199m

Operating Cash Cost Ex Mine - US$65/t product

FOB Port Cash Cost - US$93/t product

Capital costs D & A - US$14/t product

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Heavener - comparatives

Source: Wood Mackenzie, Ouro Mining

FOB cash costs of seaborne HCC export supply (2013)

Heavener is forecast to be in the

lowest quartile for HCC

producers in the seaborne coal

market

Heavener compares very

favorably on capital intensity

due to low infrastructure and

labour costs benefits.

Weighted average capital intensity of major seaborne metallurgical coal exporters (real 2013 dollars)

Source: Wood Mackenzie, Ouro Mining

Heavener

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Heavener DFS 20 year Mine Plan

0

50

100

150

200

250

300

350

400

0

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

1.8

2

2014 2015 2016 2017 2018- 2032

US$/t

mt

Year

Attributable Production and Cash Cost Profile

Tonnes Average Cash Cost/t Average Cash Price Realised/t

US$167 FOB

US$93 FOB

At full production and a

coking coal price of

$167/t Heavener

generates an EBITDA

margin of $74/t

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43 65101 10213

41

181 194

-100

-21

-82-30

-7

-200

-150

-100

-50

0

50

100

150

200

250

300

-200

-150

-100

-50

0

50

100

150

200

250

300

FY13/14 FY15 FY16 FY17 FY18U

S$m

US$

m

Year

Heavener Mine Cash Flow

Cash Costs EBITDA Net Inv Cash Cum Cash Flow Revenue

Heavener DFS 20 year Mine Plan

Heavener payback

period is forecast to be

circa 2 years.

EBITDA is forecast to be

$140m in FY17 based on

the Weir DFS using a long

term coal price of

$184.50/t and average

~$170m thereafter.

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DFS Internal Rate of Return (IRR):

Pre Tax 53% Post Tax 44%

Heavener DFS 20 year Mine Plan

0

100

200

300

400

500

600

700

800

900

1000

18% 15% 12% 10%

"Real" Discount Rate %

Weir 20 year DFS NPV US$m

Post Tax NPV Pre tax NPV Increment

Weir has forecast NPV’s

before federal taxes and

post state taxes and

royalties for the first 20

years of production.

No value has been

ascribed to additional

reserves.

* Post tax NPVs estimated by Ouro management

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Section 2

Management

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Key Management Team Members

Management Team

Mr Paul Ingram (MAus IMM) -- Executive Director and CEO

Mr Edward Pitrolo (BSEM, Certified Mine Manager) – Executive Director

Mr John Fisher-Stamp (FCA, FTIA, GAICD, MIMC) – Executive Director

Mr Harry Mustard BSc (Hons) MAIG – Exploration Manager

Mr Stephen Morgan– Operations Manager

Ms Sarah Jordan – Company Secretary

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Technical Advisors

Technical Advisors

Definitive Feasibility Study & JORC

Resource Work Weir International, Inc John W Sabo - Executive Vice President and

Managing Director

Mining and Engineering LD Operations Pty Ltd – Mining and Design Services Peter Ross - Managing Director

Tenement Management and

Environmental Emera Corp - Oklahoma Mr Saeed Zahrai - Principal

Gas and Drainage Management GeoMet Inc – Texas Mr Scott Meyers – Senior Consultant

Boxcut Design TEE Engineering – West Virginia Mr Tim Blackburn - Principal

Metallurgical & Coal Quality A & B Mylec Pty Ltd - Queensland Mr Andy Meyers - Principal

Geological and Data Verification Hanna Consulting Services - NSW Mr Pat Hanna – Principal

– FAusIMM, CP, MMICA, MAICD, MAGMM

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Professional Advisors

Advisors

Auditor and Corporate Taxation Tulsa, United States Ernst & Young

Legal and Transfer Agent Australia, Hong Kong & United States Ashurst New York, United States Sichenzia Ross Friedman Ference LLP

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Section 3

Offer Overview &

Share Capital Structure

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Private Placement Pre IPO Funding

Target Capital Raising Investors – Pre IPO Round

Offer Price Regulation S Shares of Common Stock

Shares of Common Stock on issue prior to this Offer Common Stock Share Options Granted

Number of Regulation S Shares of Common

Stock to be offered under this Offer to be completed by

30 April 2013.

Total Shares of Common Stock and Regulation S Shares of

Common Stock after Issue pursuant to the Offer: Shares of Common Stock and Reg. S undiluted

Shares of Common Stock and Reg. S fully diluted

Offer Price for all Shares fully diluted

Equity Value fully diluted

Exercise Price of Common Stock Options outstanding1

US$15,000,000 US$0.60 277,777,777

119,990,503

25,000,000

302,777,777

422,768,280

US$0.60

US$ 255,000,000

US$0.235

1= Options terms - Taurus Option 64,280,627 at any time up to an including IPO for US$15m and Texcord Option 55,709,876 at any time up to September 20, 2016 for US$13m

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Ouro Current Share Structure

Shareholders Interests:

Ewan Developments Ltd

Songqiang Chen

Taurus Resources Fund 2

Other Shareholders

Total Outstanding Common Stock and

Reg. S Common Stock

Common Stock Options Granted

Total Outstanding Common Stock and Reg.S

Common Stock on a Fully Diluted Basis

Shares %

99,247,458

99,247,458

38,444,444

40,838,417

Issued Shares

277,777,777

Options

119,990,503

Issued Shares & Options

397,768,280

24.95%

10.26%

30.17%

9.67%

100.00%

24.95%

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Ouro is seeking Pre IPO Capital of US$15m to continue the underground mine

approvals process and commence earthworks.

Ouro is scheduled to continue mine development works in Q3-Q4 CY 2013

which will require an additional round of Pre IPO funding of US$25m scheduled

for completion by 31August 2013 .

Ouro directors will review Debt to Equity Structure for IPO and funding options

in Q4 2013, to commence underground and surface infrastructure works and

equipment acquisition est. US$150m.

Ouro Pre IPO US$15m Use of Funds

Pre IPO US$15m funds will be applied to the following works activities:

Mine approvals, permitting & environmental compliance Geology & geotechnical Mine planning, engineering and consultants Capital equipment Earthworks, box cut & portal construction Tenements and land acquisition Working capital and corporate overhead

Total

US$2.1m

US$15m

US$1.7m

US$1.0m

US$7.6m

US$0.5m

US$1.6m

US$0.5m

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Overview of Completion

Share Capital Structure

Equity Value pre completion – Pre IPO US$15m Round

Enterprise Value Pre IPO US$15m Round

JORC 20 Year Mine Plan in Place Tonnes - 53 Mt

Implied Market Capitalisation on Completion of Pre IPO

US$15m Round

US$240,000,000

US$245,000,000

US$255,000,000

Implied Market Capitalisation on Completion of Pre IPO US$25m Round 31 August 2013

US$335,000,000

US$450-475m Target Market Capitalisation Range and Structure on

completion of IPO Equity US$50m & Debt funding US$100m

1= Directors will consider the merits of dual listing on the HKEx post ASX IPO.

2= Directors shall consider interposing an Australian Holding Company above Ouro Mining, Inc

preceding ASX IPO.

1,2

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Ouro Mining – pricing metrics

EV Methodology in Full Production Equity Value

1. Forecast average annual EBITDA in full production US$170m

Enterprise Value – Multiple 4x (less debt$100m) US$580m

2. Forecast average annual net cash flow over 20 year

mine life after income tax US$127m

Enterprise Value – Multiple 5x (less debt$100m) US$535m

3. Forecast NPV at various discount factors, after federal tax.

Additional LOM reserves and exploration assumed to be nil.

10% US$586m

12% US$467m

4. Implied Equity Value US$542m Average EV of EBITDA, Cash Flow and NPV

Less risk weighting discount for development stage 50%

Implied Equity Value ~US$270m

Implied Equity Value on completion of US$15m round US$255m

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Attractive coking coal project to produce 1.7mtpa of washed product coal.

Infrastructure in place with ready access to export markets via Gulf of Mexico ports.

Available skilled workforce readily available and supportive local government and communities knowledgeable about mining ( 4 coal mines in the area).

A Definitive Feasibility Study completed in 2013 and permits are in place to commence development in 2013.

JORC Resources of 201Mt and Reserves within the Life of Mine Plane of 96 Mt.

Relatively low capital cost, DFS estimates (20yr, 56% LOM reserves) US$199m.

A payback period of circa 2 years.

Low comparative cash operating cost, DFS estimates

– US$65/tonne at the mine gate; and

– US$93/tonne Port FOB.

Attractive and readily available markets for low to mid vol hard coking coal in North and South America and Europe.

The DFS estimated, post state taxes but before federal taxes NPV’s, US$ 912m (10% disc) and US$ 537m (15% disc) for the first 20 years of production.

Ouru Mining highlights

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• Seed Capital Funding- May 2012 – Completed

• Private Placement – October 2012 – Completed

• Drilling, seismic and JORC resource studies Mar-Dec 2012 - Completed

• DFS Reporting – Feb 2013 – Completed

• Pre IPO Funding – April 2013 - US$15m and August 2013 - US$25m.

• Procurement and Construction Start-up 2013

• Commencement of Production with

Gateroad Development in Q2 2014

• IPO/Debt Funding UG and Surface Infrastructure Q1 2014 - US$150m. Target structure – Equity US$50m and Debt – US$100m.

Timeline

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