Wayne Richards

Brockman Resources Limited

MARILLANA “on track and steeled for growth”

Wayne Richards, Managing Director

ASX Small to Mid Caps Conference 29 October 2009

DISCLA

IMER

This presentation has been prepared by and issued by Brockman Resources Limited (“Brockman”) to assist it in informing interested parties about the

Company. It should not be considered an invitation or offer to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.

This presentation contains forward looking statements. While Brockman has no reason to believe that any statements are either false, misleading or incorrect, it cannot guarantee that through either passage of time or actions beyond the control of Brockman, they will not become so.

You should not act or refrain from acting in reliance on this presentation

material. This overview of Brockman does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Company’s prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decisions.

There are a number of risks, both specific to Brockman and of a general nature which may affect the future operating and financial performance of Brockman and the value of an investment of Brockman including and not limited to economic conditions, stock market fluctuations, iron ore demand and price movements, access to infrastructure, timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve and

resource estimations, native title and title risks, foreign currency fluctuations, and mining development.

EXECUTIVE SU

MMARY

Overview

Company:

Marillana

Project:

ASX Code : BRM (Brockman Resources)

Commenced trading as Brockman Resources on 20 November 2007 (formerly Yilgarn Mining Ltd – listed August 2004)

ASX 300 Listed Company

JORC compliant resource of 1.4B tonnes: ‐ including 605 Mt of Indicated Resource‐ +850 Mt of DSO and Beneficiated Haematite Grading

57.1 – 60.0% Fe.

Definitive Feasibility Study (DFS) commenced – scheduled for completion in August 2010

TENEM

ENT LO

CATIO

NS

Brockman Tenements TENEM

ENT LO

CATIO

NS &

 EXISTING RA

IL 

INFRA

STRUCTU

RE

BOARD

 OF D

IRECTORS

(From Left to Right)Ross Norgard

(Non executive Chairman)  Wayne Richards (Managing Director) 

Ross Ashton (Non executive Director)

Colin Paterson (Executive Director) David Nixon (Non executive Director)

BOARD

 AND M

ANAGEM

ENT

BOARD OF DIRECTORS

Chairman Ross Norgard

Managing Director Wayne Richards

Executive Director Colin Paterson

Non‐Executive Director Ross Ashton

Non‐Executive Director David Nixon

KEY MANAGEMENT

Company Secretary Tara Robson

Chief Financial Officer Derek Humphry

General Manager – Project Development Paul Bartlett

General Manager – Operations Jason Greive

Senior Geologist Aning

Zhang

Marketing Manager Tim Fairhead

CHARTS

Share Price Chart : BRM

CAPITA

L STRUCTU

RE

Iron Ore Equities (Rebased to 100) for Australian Iron Ore Juniors

Life Cycle of a Mining Share

Shar

e P

rice

($)

Clarity and certainty

Early stage exploration and

resource identification

Resource definition, pre-feasibility and full

feasibility

Financing, development and

production

Lower Risk

Higher Risk

Early Stage Exploration

Resource Identification

Resource Definition

Pre-Feasibility Study

Feasibility Study

Development

Production

Stage

Shares of mining development projects have typically followed a similar trading pattern

…and we would expect iron ore development projects like Marillana to follow this trend

BRM Status

CORPO

RATE O

VERVIEW 

Key Strengths

Pre‐Feasibility Study confirmed the technical and financial robustness of the Marillana Project with a potential NPV of A$1.6 billion

Potentially the largest “junior” iron ore (haematite) project in Australia, with production forecasted @ 17Mtpa and 4th largest producer in Australia

Strong financial position for Project Development with A$96 million cash in Australian Banks – funded to complete DFS, plant design and resource definition

Initial Native Title Mining Agreement signed in October 2008 with MIB Group.  Second and Final Agreement with Nyiyaparli to be signed this quarter

Various Confidentiality Agreements signed with interested parties fromChina, India, Japan and Korea for future development and funding options

Recent promotional roadshow to Japan,  Chicago, Toronto, New York and London

Pre‐Feasibility Outcomes

Potential Revenues of A$1.2 – A$1.4 billion per annum with NPAT of between A$400 – A$470 million per annum

Employment of up to 400 long‐term employees

Generation of State Revenue from royalties equivalent to A$30 million per annum

Opportunity to support local development and community programs

CORPO

RATE O

VERVIEW

MARILLA

NA PRO

JECT OVERVIEW

Approvals

Environmental Impact Assessment (EIA) Scoping document for Marillana Project approved by EPA in August 2009

Rail “Access” and/or “Haulage” Services are being actively pursued with the relevant owner/operators of the infrastructure

The NWIOA awarded the Pre‐Feasibility Study to SKM/Peck in August ‐ for the development of port facilities at Port Hedland.  The PFS is scheduled for completion in late December 2009.

CHINA GRO

WTH

 STORY

Industrialisation and urbanisationforecast to take 25–30 years (one complete generation)

GDP returned to +8% growth through infrastructure stimulus packages

Strong demand for steel within China – roads, rail & bridges, buildings and real estate

The majority of future steel production  expansion projects within China require additional levels of imported ore to justify expansions

CHINA GRO

WTH

 STORY

Steel demand per capita in China forecast to increase  4 fold over next 20 years

Strong interest in securing long term access to resources and related companies to secure certainty of supply

India to follow suite in next decade

Japan’s potential resurgence as a global leader – recent change of government

CID & Detrital Delineation & DrillingDETRITA

L & CID

 MINERA

LISATIO

N ZO

NES

BHP BILLITO

N RA

IL OPTIO

N 

Rail ore on BHP Billiton’s line to Port Hedland and unload/dispatch Ore via the North West Iron 

Ore Alliance (NWIOA) “common‐user”

Port Facilities

TPI RAIL O

PTION

Rail ore on TPI’s line to Port Hedland and unload/dispatch Ore via the North West Iron Ore 

Alliance (NWIOA) “common‐user”

Port Facilities

NWIOA ‐

(NORTH

 WEST IRO

N ORE A

LLIANCE)

Member  Companies

PORT FA

CILITIES –

PORT H

EDLAND (W

ESTERN 

AUSTRA

LIA)

NWIOA SP2 & SP3 Location

PORT FA

CILITIESProposed Stockyard Layout & Location

MARILLA

NA FO

RWARD

 PLAN

  CY 2009 CY 2010 CY 2011 CY 2012 CY 2013

Milestones and Future Plans H1  H2  H1  H2  H1  H2  H1  H2  H1  H2 Marillana Project ‐ PFS Complete 

Marillana Project ‐ DFS Complete 

EIA (Enviro Impact Assessment) Public Release 

EPA Bulletin Released  

Ministerial Approval  

Marillana Project ‐ Commence Construction 

Marillana Project – Commence Production 

Rail Access Agreement  

NWIOA Port Access HOA  

NWIOA Port Facilities PFS Complete 

NWIOA Port Berth DFS Complete 

NWIOA Port Berth Construction Complete 

CORPO

RATE O

PPORTU

NITIES

Opportunities for BRM

Potential to significantly expand BRM’s Resource and Project base ‐Duck Creek, West Hamersley, Mt Stuart and Mt Florence

Strong foreign investment interest in Project

Tight share register with >$94m in cash with only 2 substantial shareholders

Forecasting iron ore sales price increase in 2010/2011 of 10% – 20%

Steel production in China in July 2009 equivalent to 600Mt/annum

PROJECT O

PPORTU

NITIES

Opportunities for Marillana

Four “L’s” – Location, Lithology, Longevity and Logistics

Detrital ore is “Free Dig” – no drill and blast

Tenders associated with the Marillana Definitive Feasibility Study are currently being awarded

Economies of scale for production,  logistics and mining– reduced Opex

Strong management team with commitment and expanding skill sets

JORC STA

TEMEN

TReferences to Exploration/Production targets and PotentialBrockman has not yet reported any ore reserves from its Marillana Project.  While the Company remains optimistic it will report reserves in the future, any 

discussion in relation to production targets is only conceptual in nature as there has been insufficient work to define a Mineral Reserve and it is uncertain if 

further work will result in the determination of a Mineral Reserve.

Exploration Results in General

The 

information 

in 

this 

report 

that 

relates 

to 

mineralisation 

and 

exploration 

results 

is 

based 

on 

information 

compiled 

by 

Mr 

Colin 

Paterson, 

who 

is 

a 

Member of the Australian Institute of Geoscientists. Mr Paterson

is a full time employee of Brockman Resources Ltd and 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 Paterson consents 

to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Mineral Exploration and Resource Results

The information in this report that relates to Mineral Resources

is based on information compiled by Mr M Nimmo and Mr A Zhang.

Mr 

M 

Nimmo, 

who 

is 

a 

Member 

of 

the 

Australasian 

Institute 

of 

Geoscientists 

and 

a 

full‐time 

employee 

of 

Snowden 

Mining 

Industry 

Consultants 

Pty 

Ltd 

produced 

the 

Mineral 

Resource 

estimate 

based 

on 

the 

data 

and 

geological 

interpretations 

provided 

by 

Brockman.

Mr 

Nimmo 

has 

sufficient 

experience 

that 

is 

relevant 

to 

the 

style 

of 

mineralisation, 

type 

of 

deposit

under 

consideration 

and 

to 

the 

activity 

that 

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

Resource 

and 

Ore 

Reserves.

Mr 

Nimmo 

consents to the inclusion in this report of the matters based on

his information in the form and context that the information appears.

Mr A Zhang, who is a Member of the Australasian Institute of Mining and Metallurgy and a full‐time employee of Brockman resources Limited provided the 

geological interpretations and the drillhole data used for the Mineral Resource estimation.

Mr Zhang has sufficient experience that is relevant to the style 

of mineralisation, type of deposit under consideration and to the 

activity 

that 

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

Resource 

and 

Ore 

Reserves.

Mr 

Zhang 

consents 

to 

the 

inclusion 

in 

this 

report of the matters based on his information in the form and context that the information appears.

CONTA

CT DETA

ILS

BROCKMAN RESOURCES LIMITED

Level 1

117 Stirling Highway

PO  Box 141

NEDLANDS  WA  6009

Phone:  +61 8 9389 3000

Fax: 

+61 8 9389 3033

Email: brockman@brockman.com.au

Web: 

www.brockman.com.au

BROCKMAN RESOURCES LIMITED

Level 1

117 Stirling Highway

PO  Box 141

NEDLANDS  WA  6009

Phone:  +61 8 9389 3000

Fax: 

+61 8 9389 3033

Email: 

brockman@brockman.com.au

Web: 

www.brockman.com.au