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Republic Gold Limited AGM 25 November 2013

Republic Gold managing director's presentation to AGM Nov 2013

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Republic Gold Limited AGM – 25 November 2013

DISCLAIMER This release may include forward-looking statements. These forward-looking statements are based on management’s expectations and beliefs concerning future events. Forward-looking statements inherently involve subjective judgment and analysis and are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Republic Gold Ltd. Actual results and developments may vary materially from those expressed in this release. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Republic Gold Ltd makes no undertaking to subsequently update or revise the forward-looking statements made in this release to reflect events or circumstances after the date of this release. The material herein is a presentation of non-specific background information about Republic Gold Limiteds’ current activities. It is information given in summary form and does not purport to be complete. Investors or potential investors should seek their own independent advice. This material is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of a particular investor.

A DEVELOPING GOLD STORY IN MOZAMBIQUE

• Ownership of three gold projects covering 340km2 in an up-and-

coming gold province in Central Mozambique.

• All projects host hard-rock and alluvial artisanal gold workings

• Initial focus on near-production opportunities.

• Mucurumadzi Project occurs within the Odzi-Mutare-Manica

Archaean Greenstone Belt and adjacent to Auroch Minerals 3Moz

Manica Gold Project.

• Drill targets have been identified within the Mucurumadzi Project.

First pass diamond drilling program commenced September 2013.

• Initial assay results have been received.

• First phase exploration completed at Sussundenga and Gondola

with XRF survey, soil sampling and geological mapping.

• Expanding regional licence holding.

• Cash available to conduct exploration programs and drilling

programs.

CORPORATE SUMMARY Cashed up for exploration

Directors Ray Shorrocks Chairman

Mark Gillie Managing Director and CEO

Dr David King Non-executive Director

Peter Wicks Non-executive Director

Company Secretary

Nick Geddes

Australian Company Secretaries Pty Ltd

Australian Stock Exchange Listing

Ordinary Shares: RAU

Issued Capital

Ordinary Shares: 384,478,960

Share price (ASX:RAU, 22 November 2013)

AUD 0.012

Market Capitalization @ AUD0.012 SP

AUD 4.6m

Current Cash Reserves

AUD 3m

MUCURUMADZI PROJECT Initial exploration delineates gold targets

• Archaean shear-hosted greenstone gold

target.

• First-phase geological mapping, Niton XRF*

survey, soil survey and channel sampling

completed.

• Exploration to date suggests that the targets

identified are the western extension of the

historic Guy Fawkes Mine (production 494 kg

Au, ave grade 12.7 g/t).

• Drilling commenced in September on a 750

m diamond drilling program.

• Initial assay results returned 5m @ 1.70 g/t

and 5m @ 1.52g/t gold in MUCDD008.

*Niton XRF3t GOLDD - The Niton XRF unit is an RSC-owned portable analyser of various metals and other elements, which uses an x-ray fluorescence tube to take rapid measurements over a pin-point area. It is used by trained RSC employees to take readings of soil samples to evaluate the tenor but not absolute value of the contained mineralisation. Samples analysed were unsieved soil samples (B horizon), analysed through plastic sample bags, QA/QC standard and blanks were analysed every 20 readings. ** See Further information, Mucurumadzi Channel Sampling below

MUCURUMADZI PROJECT Drilling underway – two holes completed

MUCURUMADZI PROJECT Early production potential from alluvial

targets

• The River Revue has historically been a

significant producer of alluvial gold (8.5 tonnes)

and today hosts numerous small scale miners

and larger operations run by private Chinese

companies.

• Gold bearing gravels extend 10km along the

Revue River. The prospective unit is up to 300m

wide and approximately 10m thick with a 1.5m

wide basal gravel layer.

• Republic Gold have applied for the adjacent

Manica II (Mutsinza) licence which give the

company access to 4km of the river course and

alluvial terraces.

MUCURUMADZI PROJECT Early production potential from alluvial targets

• Previous work completed for Mamba Minerals Ltd on

the Mutsinza licence in 2008 indicated the area could

contain 3.6M loose cubic meters of cobble gravels.

• Republic will investigate the potential for using the

alluvials as a short-term production target.

• Current exploration focus is to determine the grade of

the gravels. Systematic bulk sampling and pitting is

expected to start in the 4th Quarter 2013.

• Republic Gold has in-house expertise with previous

African alluvial experience to take the project from

development to an operational mine.

Local artisanals extracting gold from alluvial gravels and cobbles

Large-scale Chinese alluvial operation

SUSSUNDENGA PROJECT Near surface bulk tonnage gold target

• Total licence area is 245 km2 covering a regional

contact margin between the Zimbabwe Craton and

adjacent Mozambique Belt.

• Major artisanal workings occur along the southern

boundary of Sussundenga at Bandire.

• Previous work by Ashanti (1999)* in the Bandire area

including RC drilling which intersected broad zones of

gold mineralisation dipping to the west and trending

north into the Sussundenga Project.

• The gold deposit model is thought be an intrusive

related gold style with gold hosted within the vein

segregations in the gneiss.

• Initial first-pass exploration in the Priority 1 area has

been completed.

* See Further information, Sussundenga Channel Sampling below

SUSSUNDENGA PROJECT Priority 1 area first pass exploration complete

• Niton XRF* survey has been completed over the Priority 1 area

highlighting potassic alteration with coincident elevated zones

of Sr, K, Pb, Ba and Ca with known mineralised trends.

• Channel samples* returned gold grades between <0.06 to

1.97g/t with an average grade of 0.55g/t and showed gold

mineralisation is associated with the quartz-muscovite

segregations within foliated gneiss.

• Republic are encouraged by the results and believe there is

potential for near-surface oxide targets which could eventually

host an open pit mine based on: soft-mining, simple-to-process,

oxide-zone ore.

• Further exploration will include infill soil sampling, and

trenching.

* See Further information, Sussundenga Channel Sampling below

Potassic alteration

SUSSUNDENGA PROJECT Significant artisanal working on southern boundary

Extensive artisanal mining targeting soft, friable, in-situ gneiss at Bandire and Chiefs

workings. Note no crushing is required with the hand dug ore washed in sluice boxes.

Photo 1: Bandire workings exposed at Sussundenga southern boundary

Photo 2: Bandire workings looking north into the Sussundenga Project

Photo 3: Chiefs workings looking south

1 2 3 Sussundenga Project

GONDOLA PROJECT

Potential to be first movers in underdeveloped gold

district

• Region of Neo-Proterozoic gneiss that has been intruded

by late stage mafic and granitic dykes, pegmatites and

quartz veins.

• Gold, with minor copper and REE mineralisation, appears

to be associated with nearby quartz veins and pegmatites.

• Within the licence, active artisanal gold mining on

pegmatite veins and alluvial workings.

• First pass exploration started in October with XRF survey

and geological mapping.

• Republic are also expanding their interests in this

underexplored region with further licence applications.

Mutsinza

Sussundenga

South

Rio Pungoe

Gondola II

REGIONAL GROWTH STORY Ongoing licence acquisition

• Republic Gold through its Mozambique company

African Stellar Mozambique is seeking to grow

its greenfield licence holding in Central

Mozambique through applications and

acquisition.

• Mutsinza: alluvial gold target that will be

contiguous with the existing Mucurumadzi

Project.

• Sussundenga South: contiguous with the

Sussundenga Project.

• Rio Pungoe and Gondola II: underexplored

region hosting numerous artisanal gold

workings.

FURTHER INFORMATION Tenement Details

Project Area Licence Number Size Holder/Applicant Ownership Status Expiry

Mucurumadzi Manica 5026L 242.79ha African Stellar Mozambique 100% Exploration 18/7/2017

Sussundenga Sussundenga 4800L 24,520ha African Stellar Mozambique 100% Exploration 24/7/2017

Gondola Gondola 5000L 9,305.51ha African Stellar Mozambique 100% Exploration 26/72017

Manica II Manica 6475 566.53 African Stellar Mozambique

100% Application NA

Rio Pungoe Gondola

6463L 9394.78 African Stellar Mozambique 100% Application NA

Sussundenga South

Sussundenga 6346L 1611.95 African Stellar Mozambique

100% Gazetted NA

Gondola II Gondola 6471 12243.74 African Stellar Mozambique

100% Application NA

FURTHER INFORMATION Mucurumadzi Drilling Results

Mucurumadzi drilling program - Completed drill holes and significant intersections (as at 21st October 2013)

HoleID Easting

UTM Northing

UTM RL Azim True Dip Depth From To m True width Au ppm

MUCDD007 485786 7913259 810 45 -50 47.2 * * * * *

MUCDD008 485828 7913231 813 45 -60 59.3 22.4 24.0 1.6 0.8 1.31

27.0 32.0 5.0 2.5 1.70

35.0 38.0 3.0 1.5 0.94

40.0 41.0 1.0 0.5 0.94

47.0 52.0 5.0 2.5 1.52

MUCDD004 485814 7913212 805 45 -60 146.1 Results not received

MUCDD009 485870 7913200 785 35 -40 56.1 Results not received

0.5ppm Au cut-off; intersections can include 1m of <0.5ppm Au; no top cut or factoring applied; true width is based on drilling intersecting vertically orientated mineralisation. Assays were analysed by Antech Laboratory in Kwekwe, Zimbabwe. Gold analysis was analysed using fire assay AAS (50g) with a detection limit of 0.06 ppm.

FURTHER INFORMATION Mucurumadzi Channel Sampling

Sample Id Project Sample

type

East North RL Interval Azi Dip Au ppm As ppm

MAN0601 Mucurumadzi Channel 485829.00 7913242.00 814 1 46.5 0 0.97 2495.5

MAN0602 Mucurumadzi Channel 485829.71 7913242.68 814 1 46.5 0 1.29 1976.6

MAN0603 Mucurumadzi Channel 485830.43 7913243.36 813.5 1 46.5 0 0.72 1450.9

MAN0604 Mucurumadzi Channel 485831.15 7913244.04 814 1 46.5 0 0.57 2230.3

MAN0605 Mucurumadzi Channel 485831.87 7913244.72 814 1 46.5 0 0.38 1115.7

MAN0607 Mucurumadzi Channel 485821.00 7913245.00 846 1 46.5 0 1.27 756.7

MAN0608 Mucurumadzi Channel 485840.57 7913240.26 819.5 1 120 0 1 125.6

MAN0609 Mucurumadzi Channel 485839.30 7913241.04 820 1 0 90 1.74 1085.6

MAN0610 Mucurumadzi Channel 485841.00 7913240.00 820 1 0 90 1.27 417.5

MAN0611 Mucurumadzi Channel 485802.00 7913253.00 812 0.85 42 0 2.6 262.7

MAN0613 Mucurumadzi Channel 485484.00 7913253.00 796 1 170 0 -0.06 148.4

MAN0614 Mucurumadzi Channel 485484.18 7913252.02 0 1 170 0 0.06 175.3

MAN0615 Mucurumadzi Channel 485474.00 7913434.00 796 1 106 0 -0.06 381.9

MAN0616 Mucurumadzi Channel 485665.00 7913103.00 830 0.8 210 0 0.09 143.8

MAN0617 Mucurumadzi Channel 485665.00 7913103.00 830.1 0.8 210 0 0.09 173.4

MAN0618 Mucurumadzi Channel 485664.61 7913102.30 0 0.51 210 0 0.13 142.7

MAN0619 Mucurumadzi Channel 485771.00 7913045.00 820 0.7 0 0 0.06 108.3

MAN0620 Mucurumadzi Channel 485771.00 7913046.00 820 1 0 0 -0.06 80.6

MAN0621 Mucurumadzi Channel 485771.00 7913047.00 820 0 0 0 0.07 139.2

MAN0622 Mucurumadzi Channel 485473.00 7913435.00 796 0 0 0 0.36 1177.1

MAN0623 Mucurumadzi Channel 485477.00 7913433.00 797 0 0 0 0.07 115.8

MAN0624 Mucurumadzi Channel 485499.00 7913429.00 802 1 40 0 0.31 94.9

MAN0625 Mucurumadzi Channel 485498.36 7913428.24 0 1 40 0 0.28 188.3

MAN0626 Mucurumadzi Channel 485497.71 7913427.48 0 0.8 40 0 -0.06 153.7

MAN0628 Mucurumadzi Channel 485827.00 7913262.00 812 0 0 0 1.37 662.8

MAN0629 Mucurumadzi Channel 485789.00 7913063.00 837 1 205 0 0.12 223.1

MAN0630 Mucurumadzi Channel 485788.57 7913062.10 0 0.7 205 0 0.17 322

MAN0631 Mucurumadzi Channel 485788.26 7913061.48 0 0 0 0 -0.06 263.7

MAN0632 Mucurumadzi Channel 485837.00 7913015.00 832 0.65 10 0 -0.06 47.9

MAN0633 Mucurumadzi Channel 485837.12 7913015.63 0 0.65 10 0 -0.06 76.8

MAN0634 Mucurumadzi Channel 485881.00 7913035.00 822 0.7 22 0 0.47 339.7

MAN0635 Mucurumadzi Channel 485881.26 7913035.64 822 0.7 22 0 2.38 156.5

FURTHER INFORMATION Sussundenga Channel Sampling

Assays were analysed by Antech Laboratory in Kwekwe, Zimbabwe. Gold analysis was analysed using fire assay AAS (50g)

with a detection limit of 0.06 ppm. Arsenic was analysed using aqua regia digest with an AAS finish (2.5g) with detection limit

of 1.00 ppm.

Sample Id Sample type East North RL Interval Azi Dip Au ppm

SUS2025 Channel 523563 7842405 626 1 100 60 0.69

SUS2026 Channel 523564 7842405 626 1 100 60 0.41

SUS2027 Channel 523565 7842405 626 1 100 60 0.21

SUS2028 Channel 523565 7842405 626 1 100 60 1.97

SUS2029 Channel 523566 7842404 626 1 100 60 0.27

SUS2030 Channel 523567 7842404 626 1 100 60 1.39

SUS2031 Channel 523568 7842404 626 1 100 60 <0.06

SUS2032 Channel 523569 7842404 626 1 100 60 0.11

SUS2033 Channel 523570 7842404 626 1 100 60 0.48

SUS2034 Channel 523571 7842404 626 1 100 60 0.34

SUS2035 Channel 523331 7841070 665 1 0 90 1.49

SUS2036 Channel 523346 7841040 682 1 0 90 0.11

SUS2038 Channel 523342 7841136 678 0.8 0 90 0.2

SUS2039 Channel 523162 7842616 622 1 175 0 0.16

SUS2040 Channel 523100 7842587 631 0.7 0 90 <0.06

SUS2042 Channel 523100 7842587 630.3 0.5 0 90 <0.06

SUS2043 Channel 522959 7842548 641 1 140 0 1.46

SUS2044 Channel 522960 7842547 641 0.7 140 0 0.2

SUS2045 Channel 522960 7842547 641 0.7 140 0 1.08

FURTHER INFORMATION Sussundenga, Ashanti Drilling (1999)

COMPETENT PERSONS STATEMENT

The information in this presentation that relates to Exploration Results is based on information compiled by

Sean Aldrich MSc, who is a Member of The Australian Institute of Mining and Metallurgy. Mr Aldrich is a

consultant working for RSC Global Pty Ltd. Mr Aldrich has more than five years' experience which is relevant

to the style of mineralisation and type of deposit being reported 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, Minerals Resources and Ore Reserves’ (the JORC Code). This presentation is issued

with the prior written consent of the Competent Person as to the form and context in which it appears.

*Niton XRF3t GOLDD - The Niton XRF unit is an RSC-owned portable analyser of various metals and other elements, which uses an x-ray fluorescence tube to take rapid measurements over a pin-point area. It is used by trained RSC employees to take readings of soil samples to evaluate the tenor but not absolute value of the contained mineralisation. Samples analysed were unsieved soil samples (B horizon), analysed through plastic sample bags, QA/QC standard and blanks were analysed every 20 readings.