Asian Gold/Copper IPO

Opportunity to Create The New Asian Success Story

October 2010

This document comprises the written materials/slides for a presentation of Indochine Mining Ltd.

change without notice and audit, and is subject to the provisions contained within legislation.

(‘IML’ or ‘the Company’). This presentation does not constitute or form part of any offer or invitation to purchase or inducement to sell or issue, or any solicitation of any such offer to subscribe for or buy, any shares in the Company or any other securities to any person. Neither this presentation nor any part of it, nor the fact of its distribution, shall form any part of, or be relied on in connection with, any contract or investment decision in relation thereto nor does it constitute a recommendation regarding the securities of the Company.

The information contained in this presentation reflects current legislation and the business and financial affairs of the Company which are subject to The contents of this presentation are confidential and any accompanying information communicated verbally as part of the presentation (including any questions and answers session and any materials distributed with it) are to be kept confidential and 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 and it is intended for distribution in Australia.

The Offer is being made to you relying on a number of the exclusions under Section 708 of the Corporations Act. The Offer is excluded from requiring a prospectus or other disclosure document under Part 6D.2 of the Corporations Act (and from requiring a Product Disclosure Document, Financial Services Guide and Statement of Advice as defined under Part 7.1 of the Corporations Act).

Accordingly, this presentation or Memorandum is neither a prospectus nor any other form of disclosure document within the meaning of Part 6D.2 of the Corporations Act (nor a Product Disclosure Document, Financial Services Guide and Statement of Advice as defined under Part 7.1 of the Corporations Act).

The information contained herein is for discussion purposes only and does not purport to contain all the information that may be required to evaluate the Company or its financial position. No reliance may be placed for any purposes whatsoever on the information contained in this presentation or on its accuracy or completeness or on opinions contained herein or communicated in relation hereto.

No representation or warranty, express or implied, is or will be given by or on behalf of the Company or any of its subsidiaries or subsidiary undertakings connection therewith.

(together,’ the Group’), any member of the Group’s directors, officers or employees or their respective agents or adviser or any other person as to the accuracy or completeness of the information or opinions contained in this presentation and none of the foregoing accept any liability whatsoever arising from any use of this presentation, its contents or otherwise arising in Certain statements in this presentation are forward-looking statements, which reflect the Company’s current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein.

The Company does not undertake any obligation to update or revise any statements in this presentation including forward-looking statements. No statements made herein regarding expectations or future profits are profit forecasts.

Empire Securities Group Pty Ltd (‘ESG’) makes no representation and gives no warranties to the accuracy or reliability of any information contained in this document and does not accept any liability for any loss caused by representations, errors or omissions on the part of ESG or by any of their respective officers, employees, authorised representatives or agents. In preparing this information, ESG did not take into account the investment objectives, financial situation and particular needs of the reader.

All references to dollars, cents or $ in this document are to Australian currency, unless otherwise stated. Nothing in this material should be construed as either an offer to see or a solicitation of an offer to buy or sell securities in any territory, state, country or nation.

INDOCHINE MINING LTD.

Gold-Copper Exploration - Focus on South East Asia/Pacific Gold-Copper Exploration Projects in South East Asia/Pacific First Mover Advantage in Cambodia Early to Mid Stage Exploration Exploration Applications Laos Exploration Projects Cambodia

CAMBODIA - LAOS (Sth East Asia/Pacific Focus)

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First mover advantage in Cambodia/Laos

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Mineral rich countries.

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Largest Tenement Holder in Cambodia > 4,000 Sq. Km

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Owned 100%

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Never explored with modern techniques Local community connections. Executives live in Cambodia.

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Gold, Copper & Base Metals Exploration Focus

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Initial review completed (Airborne geophysics & geochemistry)

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Ready to focus on key targets.

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Strategic EL Applications in Laos

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Projects have “Scale”. Chance for major new discovery

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World Class Management – ex-Ivanhoe, Kingsgate, Oz Minerals

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Global Institutional Shareholders – Jabre Cap, Maple Leaf

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Aim to re-create billion dollar success of Asian Miners includes Kingsgate, Pan Aust, Oxiana

First waves of modern exploration THAILAND

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Late 1980’s gold exploration opened to foreign companies LAOS

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Early 1990’s opened to foreign exploration companies VIETNAM

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1996 mining law, saw entrance of foreign explorers in early 2000’s

VIETNAM LAOS THAILAND CAMBODIA

CAMBODIA

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Opened to foreign companies in early 2000’s

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Exploration commenced 2007

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Thailand – Gold (Chatree) Kingsgate: $40M to$1Bn

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Laos – Copper/Gold (Sepon, PhuKham) Oxiana: $16M to $5Bn (at merger) PanAust: $20M to $1.5Bn

Hanoi Phu Kham Vientiane 

All First Movers, or second generation on initial discoveries

Chatree Sepon 

Secured Large tenement holdings

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Chatree (Kingsgate) Phu Kham ~1300km 2 (PanAust)

Bangkok

~2600km 2

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Sepon (ex-Oxiana) ~3500km 2

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Indochine ~4300km 2

Indochine

Phnom Penh Ho Chi Minh City 

Focused on gold to establish foothold

Indochine Projects - Cambodia

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Initial Work Completed:

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Granted Title

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Airborne Geophysics

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Stream Geochemistry

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Key Targets ready for identification & follow-up

Kratie

~ 1,400km 2

Ratanakiri

~ 2,900km 2

Mineralised District Emerging

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Ratanakiri

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Gold or Base Metal Deposit Potential

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Kratie

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High Potential for Economic Deposit A A

"

" " A A < < " " "

"

Okvau

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New Mineralised District 300km long A A

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Based on obvious deposits at surface

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Artisanal miners

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Oz Minerals resource Okvau : 0.6 Moz gold in 33 drillholes Target: 2 Moz gold

* Oz Minerals Releases 1 2010 Okvau Resource Statement, 18/3/10 2 Oz Minerals strategy presentation, 30/11/09

Kratie Project

High Potential for Economic Deposit

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Scout drill holes completed

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Significant mineralisation intersected

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Initial geochemical anomalies tested with follow-up required

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Multiple mineralising phases recognised

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Artisanal miners producing significant gold

Ratanakiri

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Large area untested by modern exploration

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Targets identified: Geophysics, Satellite imagery & Mapping

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Soil & Stream Sediment Geochemistry recently completed

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Potential for large porphyry style Gold-Copper mineralisation and High Grade Vein Gold deposits

Shares Shares on issue at the date of this Prospectus Shares issued pursuant to the Prospectus Shares issued pursuant to Employment Agreements upon successful listing Total Shares on issue following completion of the Offer Post IPO Subscription AUD $12-25m Number of Shares % 256,739,195 80.67% 60,000,000 ( Or 125,000,000) 18.85.% 1,500,000 318,239,195 ( Or 383,239,195) 0.48% 100.00%

Ian W Ross

Dip Bus (London), A.C.I.B (U.K.) Chairman and Non-Executive Director – ex Ivanhoe

David A Evans BSc

Founding Director – secured tenements

Gavan H Farley

Dipl. Bus, MBA (Finance), MAICD Non-Executive Director, Company Secretary

Ross M Hill B.Leg S (Law) Macq

Alternate Director – Operations Manager Cambodia

Stephen Promnitz BSc

CEO – ex Kingsgate 2IC & Bus Devel

David Meade BSc

Exploration Manager – ex Oxiana/OzMin, PanAust

New CEO Appointed

Stephen Promnitz BSc -

New CEO Ex- 2IC, Business Devel at Kingsgate (SE Asia Gold) Broking & Banking experience Exploration and Mining experience Global familiarity with Investors & mineral projects Sees considerable potential to re-create success of other Asian/Pacific explorers/developers

New Asian Success Story

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First mover advantage

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Cambodia/Laos - Mineral rich countries

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Largest Tenement Holder in Cambodia Owned 100%

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Never explored with modern techniques

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Gold, Copper & Base Metals Exploration Focus

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Initial review completed & ready to focus on key targets.

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Chance for major new discovery

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World Class Management

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Aim to re-create billion dollar success of Asian Miners

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IPO funds ($12-25M) to focus on & drill key targets

First Mover Advantage in Large Tenements in Cambodia with no modern exploration

Information in this report relates to Exploration Results based on information compiled by the following Competent Person Mr David Meade who is an employee of Indochine Resources Limited and a member of the Australian Institute of Geoscientists. Mr Meade qualifies as a Competent Person as defined in the Australasian code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2004 edition) and possesses relevant experience in relation to the mineralisation being reported herein as Exploration Results, Mineral Resources and Ore Reserves. Mr Meade has consented to the Public Reporting of these statements and the inclusion of the material in the form and context in which it appears.