Azure Minerals Ltd

Annual General Meeting 19th November 2013

On the Road to Mining in

For

per

sona

l use

onl

y

Azure in Mexico

Loreto

Panchita

Promontorio

La Tortuga

For

per

sona

l use

onl

y

Pipeline to Production

Reconnaissance Exploration

Los Chinos Copper-Zinc

San Eduardo Copper

Early Stage Exploration

Pozo de Nacho Molybdenum

La Tortuga Copper Loreto Copper

Advanced Exploration

Panchita Gold

El Tecolote Copper-Zinc

Development Studies

Promontorio - Cascada Copper-Gold-Silver

For

per

sona

l use

onl

y

Promontorio Project

CASCADA

RISCO DORADO

For

per

sona

l use

onl

y

Risco Dorado Prospect – 1 DDH 11.0m @ 1.5% Cu, 0.4g/t Au & 29g/t Ag

Cascada Deposit - 18 DDH

Promontorio Resource 840,000t @ 4.1% CuEq

Promontorio Exploration

Activity

Post-mineralisation volcanic cover rocks

For

per

sona

l use

onl

y

JORC Mineral Resource(1)

(@ 0.5% CuEq cut-off) Tonnes CuEq(2)

(%) Cu (%)

Au (g/t)

Ag (g/t)

Indicated 610,000 4.4 2.7 1.7 56

Inferred 230,000 3.3 1.8 1.5 56

TOTAL 840,000 4.1 2.5 1.6 56

Promontorio – JORC Mineral Resource

High confidence resource with 75% in Indicated category

100% of Indicated Resource contained in 2 veins - Veta Grande and Santiago

Good exploration upside to increase resources

(1) Details of the resources classification and estimation methodologies are contained in Azure’s ASX announcement, released on 10th May 2013 (2) See Appendix for Copper Equivalency (CuEq) Statement

For

per

sona

l use

onl

y

For

per

sona

l use

onl

y

Post-mineralisation volcanic cover rocks

Cascada Drilling

High Grade Copper Zone

Copper Mineralised Envelope

Gold Mineralised Envelope

For

per

sona

l use

onl

y

Cascada Drill Intercepts

DRILL HOLE HIGH GRADE

COPPER ZONE COPPER MINERALISED

ENVELOPE

APR-DD-087 35.9m @ 4.5% CuEq 70.0m @ 2.6% CuEq

APR-DD-089 32.9m @ 6.3% CuEq 129.0m @ 2.9% CuEq

APR-DD-091 29.4m @ 7.4% CuEq 61.5m @ 4.1% CuEq

APR-DD-092 32.4m @ 3.7% CuEq 56.0m @ 2.9% CuEq

APR-DD-093 40.9m @ 5.5% CuEq 101.5m @ 3.0% CuEq

APR-DD-098 19.0m @ 6.0% CuEq High grade zone only

APR-DD-104 6.8m @ 2.6% CuEq 49.6m @ 1.4% CuEq

For

per

sona

l use

onl

y

Cascada APR-DD-087

5.12m @ 10.2% Cu

For

per

sona

l use

onl

y

Risco Dorado – 1 DDH 11.0m @ 1.5% Cu

Cascada Promontorio Resource 840,000t @ 4.1% CuEq

IP Plan View 300m Below Surface

Chargeability

For

per

sona

l use

onl

y

IP Section View Through Cascada

Resistivity

Chargeability

Azure’s Drilling At Cascada Porphyry Copper Target

For

per

sona

l use

onl

y

Milestones & News Flow

Cascada & Promontorio

• IP survey & interpretation: Completed

• Fundraising Completed

• Exploration drilling: Q4 2013 to Q1 2014

• Resource estimation: Commence Q1 2014

• Metallurgical testwork: Commence Q1 2014 For

per

sona

l use

onl

y

Land of Opportunity

For

per

sona

l use

onl

y

APPENDIX - Statements

Competent Person Statement – Exploration Results and Mineral Resources

Information in this document that relates to Exploration Results and Mineral Resources are based on information compiled by Mr Tony Rovira, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Rovira is a full-time employee of Azure Minerals Limited. Mr Rovira has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Rovira consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Copper Equivalency Statement:

• Copper Equivalent (CuEq) was based on the following assumed metal prices that were guided by the three year averages at the data cut-off date: US$3.25/lb for Cu, US$1,450/oz for Au and US$27.50/oz for Ag.

• The CuEq grade accounts for the following metal recoveries, which were based on metallurgical testwork completed by independent metallurgical laboratories AMDEL and Ammtec, under the supervision of Coffey Mining Pty Ltd: 97.9% for Cu, 93.4% for Au, and 97% for Ag.

• The following formula was used to calculate the equivalent grade: CuEq (%) = (Cu% x 0.979) + (Au (g/t) x 0.6077) + (Ag (g/t) x 0.0120)

• It is Azure’s belief that all elements included in the metal equivalent calculation have a reasonable potential to be recovered.

For

per

sona

l use

onl

y