Diggers

1
Diggers Dealers
ACN 117 790 897

• August 2007

2
Mundo Minerals A Snapshot

• Australian-domiciled international gold company
• Developing mid-sized gold projects in South
  America
• Targeting low-cost, sustainable 250,000oz pa
  production base within 4-5 years

3
South America The Opportunity

• Peru
• 2nd largest minerals industry in South America
  after Chile
• Favourable legislative and corporate law reforms
  completed in 1990s
• Major investment in new mining projects underway
  US9 billion (2001-07)
• Significant opportunities for Australian mining
  companies

• Brazil
• Well-established minerals industry
• Significant growth potential (currently less than
  1 of GDP)
• Dominated by large companies
• Ministry of Mines and Energy aiming to triple
  mineral production to US25 billion by 2010
• Highly prospective but underexplored

4
South America The Opportunity

• Exploration Investment per Country
• Brazil Australia
• Total surface area (million sq km) 8.5 7.7
• Archean Shield (million sq km) 2.5 1.2
• Production (Au kg/sq km) 0.9 5.7

Funds Spent on Exploration per Hectare US/ha
Source Jaguar Mining Inc 1st quarter 2006
Presentation
5
Key Assets

• Engenho Project, Brazil
• 30,000oz pa production
• commencing Q1 2008
• exploration upside

• Torrecillas Project, Peru
• Feasibility Study
• Targeting production 2H 2010
• 50-60,000oz pa potential

• Tocantins Project, Brazil
• JV with IAMGOLD / AngloGold Ashanti
• three major greenstone belts (200km strike zone)
• potential multiple production centres

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Engenho Project Overview

• Low-risk, long-life gold production asset
• Acquired from AngloGold Ashanti in 2006 for
  US2.1M plus NSR
• Previously mined by open pit to 2004
• Robust economic parameters
• Significant exploration upside 711ha tenement
  position
• Early cash flow to support broader growth
  objectives in Latin America
• Development fully funded following A18M capital
  raising

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Engenho Project Overview

• Located near Belo Horizonte (Brazils 3rd largest
  city)
• Excellent regional infrastructure prolific
  Iron Quadrangle(gold, iron, manganese)
• Positive BFS completed April 2007
• Underground, owner-operator mining operation
• Site works commencedApril 2007

8
Engenho Project Key Metrics
1.82mt _at_ 5.59g/t Au (326,500oz)
Resource
10 years
Mine Life
195,000tpa
Ore Throughput
275,000oz
Gold Production (life-of-mine)
30,000oz
Gold Production (annual estimated)
A15 million
Capital Cost
US272/oz (A344/oz)
Forecast Cash Operating Cost
US376/oz (A475/oz)
Forecast Total Production Cost
A88.4 million
Forecast Free Cash Flow
60
Internal Rate of Return
A48.8 million
NPV Post Tax(at 8 discount rate, US640/oz
gold price)
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Engenho Ore Body and Mine Plan
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Engenho Near-Mine Exploration Potential
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Engenho Project Regional Exploration Potential
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Engenho Project Regional Exploration Potential
13
Engenho Site Plan
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Engenho Project Development Progress
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Engenho Timetable to Production

• Crusher commissioning August 2007
• Mine development commences October 2007
• Treatment plant commissioned March 2008
• Production commences March 2008

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Torrecillas Gold Project Overview

• High-grade, narrow vein-style gold production
  opportunity
• Acquired in April 2007 from private interests for
  US2M
• Regional resource potential 500,000oz
• Feasibility Study commenced April 2007
• Targeting reserve base capable of sustaining
  50,000oz pa production within two years
• Established mining region potential to secure
  additional opportunities

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Torrecillas Gold Project Overview

• Located 650km south-east of Lima
• 9,000ha of tenements in two concessions
  (Torrecillas and Tumi)
• Located within prolific Nazca-Ocunã gold belt
  numerous small-to-medium sized gold operations
• Initial focus on high-gradevein system at
  Torrecillas
• Strong in-country management and technical team
  in place

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Torrecillas Project The Opportunity

• Minor existing production from Surex Mine
  (Torrecillas Vein)
• Average grade 30g/t Au over past 20 years
• Multiple vein systems extending over 6km strike
  length
• Only one vein system mined to date using
  primitive methods
• Potential to establish modern underground mining
  operation with production from multiple ore
  surfaces
• Exploration decline commencing August 2007

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Torrecillas Vein System Drilling Results
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Torrecillas Vein System Channel Samples
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Torrecillas Conceptual Mine Development
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Torrecillas Comparative Resource Models
Tesora Gold Project St Elias Mines Ltd
Acari Gold Project Dynacor Mines Inc.
Torrecillas Gold Project Mundo Minerals Ltd
5 mineralised veins
7 mineralised veins
5 mineralised veins
Total strike length 6.5km
Total strike length 7.0km
Total strike length 6.0km
Ave vein width 0.3m
Ave vein width 0.35 0.4m
Ave vein width 0.35m
Resource N/A
Resource 606,611oz _at_ 16.4g/t
Resource N/A
Bulk Sample 57 tonne ave grade 43g/t 112.5 tonne
ave grade 23.64g/t 67.1 tonne ave grade 27.37g/t
Assays / Bulk Sample N/A
Assays / Bulk Sample 0.3m _at_ 29.72g/t 0.3m _at_
37.71g/t 0.6m _at_ 12.37g/t 0.3m _at_ 96.89g/t 0.3m _at_
75.77g/t 0.3m _at_ 141.45g/t
Recovery 90
Recovery 90
Recovery 90
23
Torrecillas Gold Project
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Tocantins Gold Project Overview

• Large-scale gold exploration project in central
  Brazil
• Joint Venture with North American gold producer,
  IAMGOLD, and South African gold producer,
  AngloGold Ashanti
• Mundo can earn 80 equity on any resource
  discovered
• Tenements cover three large greenstone belts
• Similar geological characteristics to Yilgarn
  greenstone belt in Western Australia

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Tocantins Gold Project Brazil

• Located near city of Palmas
• 200km plus strike zone within major greenstone
  belts
• Extensive near-surface workings
• 6 advanced exploration targets
• Limited modern exploration
• Major RAB drilling programs in progress
• Major diamond drilling programs planned
• Potential multiple medium sized ore bodies

26
Tocantins Gold Project Brazil
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Gold Geochemistry Primary Occurrences
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Tocantins Gold Project Y Area
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Tocantins Gold Project Conceição Area
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Tocantins Gold Project Conceição East
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Conceição East RAB Drilling
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Tocantins Gold Project Brazil
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Corporate Summary

• ASX Code MUN
• Fully-paid Shares on Issue 135.75 million
• Unlisted Options on Issue 1.82 million
• Cash Reserves 35 million
• Directors George Jones, Chairman
• John Langford, CEO
• Mike Schmulian, MD S. America
• Brian Hurley Barry Eldridge
• Rob McKenzie
• Post completion of 18M capital raising, August
  2007

34
Technical Team

• Michael Schmulian Brazilian-based Executive
  Director
• Former senior exploration executive AngloGold
  Ashanti in South America, WMC in Australia and
  Brazil
• Jean-Marc Lopez Exploration Manager
• 20 years experience in exploration and mine
  geology in Brazil, Central America and Canada,
  former Brazil Country Manager for Canadian
  company Seahawk
• Jose Antonio Kurcewicz Mine Manager, Engenho
  Gold Project
• 20 years mining experience in Brazil
• Cesar Sanez Metallurgist, Engenho Gold Project
• Metallurgist with over 30 years experience in
  managing treatment facilities in South America,
  previously worked for WMC
• Sergio Zuniga Project Manager, Torrecillas Gold
  Project
• 30 years mining experience in South America
• Lafayette Caporali Project Manager, Engenho
  Gold Project
• Managed treatment plant construction for Elkedra
  Diamonds NL
• Joe Mobilia Chief Financial Officer and Joint
  Company Secretary
• Extensive resource industry experience,
  previously worked with Barrick Gold and Golden
  Star Resources
• Ronisdalber (Ronis) Braganca Administration
  Manager, South America
• 20 years experience in various senior
  administration roles in gold mining and
  exploration

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A Focused Approach to Building Value
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Mundo Minerals Limited - Disclaimer

• This presentation contains forward looking
  statements concerning the projects owned by Mundo
  Minerals Limited. Statements concerning mining
  reserves and resources may also be deemed to be
  forward looking statements in that they involve
  estimates based on specific assumptions.
• Forward looking statements are not statements of
  historical fact and actual events and results may
  differ materially from those described in the
  forward looking statements as a result of a
  variety of risks, uncertainties and other
  factors. Forward looking statements are based on
  managements beliefs, opinions and estimates as of
  the dates the forward looking statements are made
  and no obligation is assumed to update forward
  looking statements if these beliefs, opinions and
  estimates should change or to reflect other
  future developments.
• Data and amounts shown in this presentation
  relating to capital costs, operating costs and
  project timelines are internally generated best
  estimates only. All such information and data is
  currently under review as part of Mundo Minerals
  Limited ongoing developments and feasibility
  studies. Accordingly, Mundo Minerals Limited
  cannot guarantee the accuracy and/or completeness
  of the figures or data included in the
  presentation until the feasibility studies are
  completed.
• All dollar amounts shown in this presentation are
  in Australian dollars unlessotherwise stated.

37
Diggers Dealers
ACN 117 790 897

• August 2007