IANNA GOLD PROJECT Intercept Minerals Ltd Level 1, 130 Hay Street Subiaco WA 6008 Tel: (08) ASX Code: IZM July 2011

DISCLAIMER The information contained in this Presentation should not be considered as the giving of investment advice by Intercept Minerals Ltd (Intercept) or its associates, officers, directors, employees and agents. Each party to whom this information is made available must make its own independent assessment of Intercept after making such investigations and taking such advice as may be deemed to be necessary. In particular, any estimates or projections or opinions contained in this supporting information necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient should satisfy itself in relation to such matters. This Presentation is based on geological information compiled by and reported upon by Mr Paul Penna, Exploration Manager, a full-time employee of Intercept Minerals Ltd and a Member of the Australian Institute of Geoscientists with more than 20 years experience in the fields of activity reported. Mr Penna has read and gives his consent to the release of this Presentation in this form. 2

ABOUT INTERCEPT MINERALS  Name recently changed to Intercept Minerals Ltd (formerly Uramet Minerals Limited)  Listed on ASX in June  uranium, base metals and phosphate exploration in central Australia.  April 2010 Ianna Gold Project (North-west Guyana) JV agreement signed.  Australian exploration scaled back – minimum cost to meet expenditure covenants. Seeking JV partners. 3

IANNA GOLD JOINT VENTURE – PRINCIPAL TERMS  IZM expenditure US$ 350,000 by 30 April 2011 (achieved).  IZM expenditure US$ 1,000,000 by 30 April 2012 (achieved).  IZM election to continue or withdraw from the JV by 10 January 2011 (done).  Continuation required the issue of 1 million IZM options (done). Terms of options:  strike price A$ 0.15  2 year life (expire 20 January 2013)  JV partners:  IZM 50% (JV Manager & 51% of JV vote)  SRM 50%  IZM option to acquire a further 25% interest for US$2.5 million expiring 30 April 2012  If option not exercised IZM is deemed to withdraw from JV 4

GUYANA  English speaking (Caribbean community)  Democratic, politically stable country  Population of ~ 770,000  ~215,000 km 2  Legal system - English common law  Mining royalty 5% Corporate tax 30% “The Government welcomes and fully supports all investment, foreign and local, in the mining sector. Our resounding message is that Guyana is open for business.” Government Release, Feb 28,

GEORGETOWN 6

GUIANA (STH AMERICA) & BIRIMIAN (WEST AFRICA) GREENSTONE BELTS 7

8 Intercept Minerals

LARGE GOLD DEPOSITS WITHIN GUIANA SHIELD ProjectM oz. AuGrade (g/t Au) Owner Las Brisas Gold Reserve Las Cristinas Crystallex Toroparu Sandspring Omai3.71.4IAMGold Rosebel IAMGold Yaou/Dorlin1.42.2Auplata Camp Caiman3.02.5IAMGold Aurora Guyana Goldfields 9

REGIONAL GEOLOGICAL SETTING  Ianna Gold Project lies within the Guiana Shield, a palaeo- Proterozoic granite-greenstone terrane (2.2by) forming the northern part of the Amazon craton.  Guyana’s primary gold deposits are commonly found near: o the margins of granitoids stocks that intruded the greenstone belts. o Fault/shear zones within the greenstone belts are also potential areas of gold deposits. 10

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PROSPECT AREAS medium scale claims 55 km 2 Project area includes 12 known prospects

FIRST PHASE EXPLORATION First stage exploration focussed on 3 of the 12 known prospects:  King Ransom  Stone Hill  Chow Wow 13

DRILL PROGRAM Completed small scout drilling program to identify broad zones of Au mineralisation to confirm potential for large tonnage resource.  2,252 metres  36 holes (average depth 62.5 metres) o Stone Hill -18 holes < 60 metres o Kings Ransom - 16 holes < 70 metres o Chow Wow - 2 holes metres each 14

FIRST DRILL RESULTS – APRIL 2011 Hole IDFromToInterceptg/t Au SR SR SR SR SR SR SR KR KR Significant down hole intercepts > 10m and averaging > 1 g/t Au (0.5 g/t cut off ) 22% of all holes drilled contain intercepts > >1g/t Au (9 intercepts >10m in 8 holes) 15

STONE HILL – DRILL HOLE LOCATIONS 18 holes, each < 60 metres 16

STONE HILL TRENCH 17

~ 60 metres STONE HILL – DRILL SECTION HOLES 13 – 16 (TR 3) 18 ~45 metres

19 STONE HILL TSH03 RESULTS APRIL 2011

STONE HILL – DRILL SECTION HOLES 7 – 12 (TR 4) ~ 80 metres 20

STONE HILL - HISTORICAL EXPLORATION 21 (Note: the above results have not been verified by Intercept Minerals Ltd)

STONE HILL – TEST STRIKE & DEPTH EXTENTS Test Strike 22

Test Strike holes, each < 70 metres KINGS RANSOM PROSPECT

FIRST PASS DRILL RESULTS DEMONSTRATE PROJECT AREA HOSTS LARGE GOLD MINERALISATION SYSTEMS 24

PHASE TWO EXPLORATION (MAY 2011 – MARCH 2012)  Drilling (approx. 12,000 metres) o Depth & strike extensions of known mineralisation at Stone Hill and Kings Ransom o Drill test other known mineralisation at Fern Leaf, Sherry, El Paso, Toro o Drilling new targets generated by mapping, soil sampling & trenching  New target generation o Untested areas through mapping, soil sampling, trenching o Interpreting existing aeromagnetic data 25

PROPOSED EXPLORATION PROGRAMME 26 ~3,400 soil samples ~4 km trenching 190 drill holes (~12,000 m)

MARKET CAPITALISATION v RESOURCE (20 JULY 2011) AZIMUTH RESOURCES Resource pending Mkt Cap = $96m SANDSPRING RESOURCES 9.9 M 0.8 g/t Mkt Cap = $279m GUYANA GOLDFIELDS 6.7 M 3.9 g/t Mkt Cap = $619m INTERCEPT MINERALS Mkt Cap = $9m 27

 Executive Chairman & CEO Sam Randazzo (CA)  Non Executive Directors Don Best (Civil Engineer) Richard Procter (Mining Engineer/MBA) Robert Duncan (Geologist)  Exploration Manager Paul Penna (Geologist /MBA)  Consulting Geologists Phil Fillis (Geologist, +30 years experience)  CFO/Company Secretary Karen Manson (B Com/MBA/CPA) DIRECTORS & SENIOR MANAGEMENT 28

CAPITAL STRUCTURE AT 20 JULY 2011  Issued capital: 102,446,771 ordinary shares  Options 7.65 Million  Market Capitalisation, approx A$9m Exercise PriceExpiry Date 800,000$ Jun ,000$ Jun ,000$ Jun ,000,000$ Jan ,000$ Sep ,200,000$ Nov ,000$ Jul

Shareholder NameNumber of Shares% of Capital Coffee House Group Ltd10,109, HSBC Custody Nominees Aust Ltd7,963, Samcor Investments Pty Ltd5,150, Rose Richard Jack4,410, JP Morgan Nominees Aust Ltd4,061, LL Mining BV 2,337, Ranchild Pty Ltd 2,300, PIAT Pty Ltd 2,300, Citicorp Nominees Pty Ltd 2,243, National Nominees Ltd1,995, Merrill Lynch Aust Nominees Pty Ltd1,885, Jindabyne Pty Ltd 1,600, Sutton Myles Adrian M1,461, Fillis Philip N & CVN1,149, RK Duncan & Assoc Pty Ltd1,000, Latham Ridge Pty Ltd800, Topaz Holdings Pty Ltd780, Mercer Maxwell David 774, Dittmer Lawrence Ngaio721, Metugo Pty Ltd650, Total:53,693, TOP 20 SHAREHOLDERS AT 30 JUNE Directors/Management/Consultants 8,952, %

HEAVY EQUIPMENT 31

DRILL TRAVERSE – KINGS RANSOM 32

DRILL RIG OFFLOADED FROM RIVER BARGE 33

DRILL RIG LANDED ON SITE 34

RC DRILLING 35