LMA-TSX A Growing Presence in Africa November, 2009

2 LMA-TSX Disclaimer Certain information contained or incorporated by reference herein, including any operating performance of La Mancha Resources Inc. (“La Mancha”), constitutes "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words “projected”, “attributable”, “potential”, “will” and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by La Mancha are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: fluctuations in the currency markets; fluctuations in the spot and forward price of gold or certain other commodities; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada or other countries in which La Mancha does or may carry on business in the future; business opportunities that may be presented to, or pursued by, La Mancha the ability to successfully integrate acquisitions; operating or technical difficulties in connection with, mining or development activities; the speculative nature of gold exploration and development, including the risks of obtaining necessary licenses and permits; diminishing quantities or grades of reserves; adverse changes in the credit rating; and contests over title to properties. In addition, there are risks and hazards associated with the business of gold exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks). Many of these uncertainties and contingencies can affect the actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, La Mancha. You are cautioned that forward-looking statements are not guarantees of future performance. This presentation uses the terms “inferred resources” and “measured & indicated resources”. La Mancha advises you that these terms are recognized by Canadian securities regulations (under National Instrument “Standards of Disclosure for Mineral Projects”). You are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves. In addition, “inferred resources” have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, or economic studies except for a preliminary assessment as defined under NI You are cautioned no to assume that part or all of an inferred resource exists, or is economically or legally mineable. The Hassaï conceptual estimate of potential tonnes and grade to date for the third to sixth targets has insufficient exploration to define a mineral resource compliant with National Instrument The information contained herein is confidential and does not constitute a recommendation by La Mancha its agents or any vendor party nor does it form the basis of any contract or offer for the sale of the business of gold exploration, development and mining. The recipient of the information contained herein agrees that the information is to be considered confidential and proprietary to La Mancha and shall hold the same in confidence, shall not use it other than for the purposes of its business with La Mancha and shall disclose it only to its officers, directors, or employees with a specific need to know. The recipient will not disclose, publish or otherwise reveal any of the confidential information contained herein to any other party whatsoever except with the specific prior written authorization of La Mancha. The information contained herein may not be published, distributed or transmitted without La Mancha’s formal approval and does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities.

LMA-TSX 3 In a nutshell *As of September 30 th, 2009 We are a gold producerWe generate cashWe have cash on hand C$26.5 M operating cash flow*Up to 100,000 oz expected in 2009C$21.5 M in cash and short term investments*

4 LMA-TSX Overview of La Mancha 3 gold mines in operation 1 advanced gold project Sizeable VMS project (scoping study phase) 30 exploration projects Listed on the TSX Market capitalization of CAD256M* Shares outstanding: 142 million * As of November 23rd, 2009 La Mancha is an international gold producer with over 37,500 km2 of promising exploration tenements in Africa

5 LMA-TSX Operational Performance – 9 months 70,710 50,565 Operating cash flow ($’000) +40% ,466 +2,584% Attributable Gold Production (oz) +3% Realized Gold price Margin Expansion (US$/oz) Cash cost Margin -18% +39% Greater operating efficiencies and greater production levels lead to increased cash flows

6 LMA-TSX Gold Mining Pioneer in Africa // Côte d’Ivoire– Ity Mine // Sudan – Hassai Mine

7 LMA-TSX Gold Mining Pioneer in Côte d’Ivoire and Sudan La Mancha is proud to be a positive influence in the countries in which it operates As an African mining pioneer, over the past decades we have: Established strategic partnerships with local governments Built strong ties with the local population Accumulated vast geological, mining, and managerial experience Gained a competitive advantage

8 LMA-TSX Quick Facts Attributable reserve 167,757 oz * Ore processing Heap Leaching LMA ownership 45.9% Mine type Open pit * As of Dec. 31st 2008 ** For the First 9 months ended Sept 30 th 2009 and Sept 30 th 2008 Reserve grade 5.17 g/t Au* Cash cost**: ‘09 I ‘ vs. 462 US$/oz Attributable Production 2009 YTD 18,405 oz 2009 E 23,000 – 28,000 oz Côte d’Ivoire – Ity Mine Gold grade ** : ‘09 I ‘ vs. 4.0 g/t Au Inaugurated in 1991, the Ity mine has produced over 600,000 ounces to date Increased M&I resources by 50% in 2008

9 LMA-TSX Côte d’Ivoire Creating a mining complex of critical mass Located along one of six northeast-southwest trending volcanic belts in the Birimian System that straddles Ghana and Côte d’Ivoire. Early exploration results: confirmed the potential of at least two geochemical anomalies established several similarities with the Ashanti belt in Ghana Best intersections include: Trenches ■ T 12: g Au/t, including 7.7 g Au/t (true width: 13.5 m) Drill holes ■ g Au/t at 25.2m,2 m including 12.5 g Au/t ■ g Au /t at 41.9m,9 m including g Au/t ■ g Au/t at m Permit LMA ownership Surface (km²) Ity45.9%372 Fetekro65%307 Katiola100%980 Tiebissou100%400 Sissedougou100%952 Bondoukou100%544 Total surface3,555 Second drilling campaign scheduled to take place in November 2009 Early exploration results confirm prospectivity at the Bondoukou property

10 LMA-TSX Attributable reserve 169,432 oz** Ore processing Heap Leaching LMA ownership 40% Mine type Open pit * For the First 9 months ended Sept 30th 2009 ** As of Dec. 31st 2008 Reserve grade 5.02 g/t Au** Cash cost: YTD*I 2009 E 627 vs. 673 US$/oz Attributable Production 2009 YTD 17,975 oz 2009 E 25,000 – 30,000 oz VMS target 1 of 6 Hassaï pit Oxide Supergene Primary Quick Facts Inaugurated in 1992, the Hassaï mine has produced over 1.1 million ounces to date Preparing for the future: VMS Project Northeast Sudan - Hassaï Mine Ore Transition: Oxide  Tailings  VMS 

11 LMA-TSX Hassai VMS Video

12 LMA-TSX Socially Responsible Development The Regional Development Fund Created by AMC in 1998 Supports community projects benefiting to the community living around the mine Accomplishments to date: 7 schools 1 medical clinic Water and Power supply Transportation and Communication services In October 2007, SDTF, a Washington based NGO responsible for reporting to American authorities on companies with commercial operations in Sudan, acknowledged La Mancha’s positive influence for the country.

13 LMA-TSX Building a prolific mining complex in Australia Attributable reserve 402,647 oz ** Ore processing CIP LMA ownership 51% Mine type Underground *For the 9 months ended Sept. 30, 2009 ** As of as at 1 April 2009 *** All financial calculations are based on a gold price of US $810/oz and a USD/AUD exchange rate of 1.50 and exclude costs incurred prior to 2009 Reserve grade 5.02 g/t Au** Cash cost: YTD* I 2009 E 414 vs. 450 US$/oz Attributable Production 2009 YTD 34,330 oz 2009 E 37, ,000 oz Quick Facts Frog’s Leg Mine White Foil Advanced Project White Foil Phase 1 Feasibility Study Production: Average grade (g Au/t) 2.41 Gold reserves (in situ) 76,000 oz Gold recovered 69,160 oz Annual production rate 30,740 oz Mine life (Phase 1)2.33 years Financials***: Initial capital costCA$1.3M Cash costs per ounce US 480/oz 6% discount C$22.0M White Foil production expected to start as soon as a satisfactory milling agreement is signed

14 LMA-TSX Where do we go from here? // Organic production growth potential // Organic resource growth potential

LMA-TSX ,000 60,000 90, , , , , A2008A2009E2010F2011F2012F Attributable production (in ounces) Organic Production Growth + 30% + 40% + 30% + 20% White Foil Starts Frog’s Leg new Mining Plan Ity Increase (new leaching pads) Hassai CIP system in place US$485/oz US$512/oz US$497/oz La Mancha intends to continue to grow its production

LMA-TSX Dec 31, 2007ADec 31, 2008ADec 31, 2011E Attributable Measured and Indicated Resources (in ounces) Organic Resource Growth Goal of reaching 4M ounces + 34% In 2008, Measured and Indicated resources increased 34% over previous year to 1.8 M ounces

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18 LMA-TSX Appendix // Third Quarter Financial Highlights // Operational Highlights // Market Information // Hassaï/Bisha Comparison

19 LMA-TSX Third quarter results Three-month period ended Sept. 30,Nine-month period ended Sept. 30, Δ Δ Attributable production (in oz)24,43915,390+59%70,71050,565+40% Revenues ($’000)28,16212, %81,18738, % Realized sales price (USD/oz) % % Cash cost (USD/oz) % % Operating income ($’000)6,018(423)+20,696(1,336)+ Net earnings ($’000)3,045(1,638)+12,622(6,596)+ Operating cash flow ($’000)8,8291, %26,

20 LMA-TSX Third Quarter Financials

21 LMA-TSX Operational Highlights

22 LMA-TSX Listed on the TSX Market Capitalization of C$256M* 142M Shares outstanding (53M float) YTD Volume: 53.8M shares* Average daily volume over past 90-days: 0.294M shares* Market Information Share Price CA $ Volume (000) Dec 08Jan 09Feb 09Mar 09Apr 09May 09Jun 09Jul 09Aug 09Sep 09Oct 09Nov 09* * As of November 23rd, 2009

23 LMA-TSX Our VMS Potential M&I resources are shown inclusive of P&P reserves Hassaï property (target 1&2) ¹Nevsun’s Bisha property ² KTAu (g /t)Ag (g/t)Cu (%)Zn (%)KTAu (g /t)Ag (g/t)Cu (%)Zn (%) Oxide (SBR) P&P Reserves3, , M&I Resources4, , Inferred Resources2, Supergene zone P&P Reserves-----6, M&I Resources-----7, Inferred Resources1, Primary zone P&P Reserves-----9, M&I Resources2, , Inferred Resources46, , Supergene + Primary P&P Reserves , M&I Resources2, , Inferred Resources48, , ¹ As at November 3rd, Using a long term gold price of US$750/oz, long term copper price of US$2/lb and a zinc price of US$1,911/t ² As at October 5th, Using a long term gold price of US$400/oz, long term copper price of US$1.05/lb, a long term silver price of US$0.50/lba, and a zinc price of US$0.50/lb. Tailings

24 LMA-TSX Bisha resource information As at October 5th, Using a long term gold price of US$400/oz, long term copper price of US$1.05/lb, a long term silver price of US$0.50/lba, and a zinc price of US$0.50/lb.

25 LMA-TSX Bisha reserve information As at October 5th, Using a long term gold price of US$400/oz, long term copper price of US$1.05/lb, a long term silver price of US$0.50/lba, and a zinc price of US$0.50/lb.