Corporate Presentation

February 2014

Disclaimer

• The content of this FEBRUARY 2014 Corporate Presentation (the “Presentation”) is intended to be strictly

informational has been prepared by Minsud Resources Corp. (the “Company”) on the basis of information and

sources believed to be reliable. Certain information contained herein is obtained from third party sources which

we believe are reliable but cannot be guaranteed as to its accuracy or completeness. The Company reserves

the right, at its sole discretion, to modify all or any part of this Presentation without any liability or notification to

any person. This Presentation does not constitute, nor should be construed as, an offer or solicitation of an

offer for the purchase of any securities of the Company, nor investment advice or an offering memorandum.

Readers should review in conjunction with the Presentation all of the Company's public disclosure available

under the Company's profile on www.sedar.com including its Filing Statement dated April 27, 2011 and the risk

factors contained therein, and the technical report on its material properties.

• The Presentation does not take account the investment objectives, financial situation and particular needs of

any particular person and is not intended to be considered by any person as general advice to any class of

persons. You should not rely on the Presentation to make any decision, and if so, you shall bear the entire risk

of such decision. You should also obtain relevant and specific professional advice to evaluate and assess the

information contained in the Presentation.

• The Company makes no representation or warranty, nor assumes any responsibility whatsoever, in respect to

the Presentation. In no event shall the Company, its directors, officers, employees, agents or advisors be liable

for any damages of any kind arising out of or relating to the use of this Presentation, including, but not limited

to, any of loss of income or profits, incidental, special, indirect or consequential or any similar losses or

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time without the prior written consent of the Company.

Argentina Mining Sector – Outlook

• Excellent Mineral Potential

− The geological settings indicate great potential for new world class discoveries .

− Mining sector has been growing rapidly.

− Comparison with main players in Latin-American Region show that Argentina is in an early stage of

development.

2013 annual exports:

• The Country output is currently based on 10 mines, that provide 1% GDP (US$500 billion).

• There are also in the Pipeline:

− 8 development stage mining projects.

− 14 advanced exploration projects.

• During last years there was an extensive activity on M&A deals.

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Country USD Billion Source

Chile 44.5 Sonami

Peru 22.7 Mincetur

Argentina 4.5

Argentina – Outlook

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• The country was growing at almost Chinese rates during past decade, but in 2012 went into a non-

growing period.

• Country´s GDP is about US$ 500 billion while external debt slightly above one third, mainly long

term restructured. Government and Social Security Institutions hold nearly half of this amount.

• During past decade, the country has been servicing interest and capital at maturity with no new

access to the capital market (there are still pending some issues like “Holdouts”, Club de

Paris and YPF –REPSOL discussions).

• The most important aspects affecting the domestic market are the high inflation and restriction on

the foreign exchange market that came up as a palliative to the impact of the European crisis

(government version).

• Due to systematic loss of Central Bank reserves, a maxi-devaluation of 26% raised the US$

exchange rate to AP$ 7.85 followed by an increase in the domestic interest rates pointing to

anchoring the exchange rate , raise the country's competitiveness and stopping leakage

away on reserves.

• Oil & gas and mining developments are called to become the second engine to build up a

sustainable long term growth, together with the existing agricultural and agribusiness sector.

Corporate Overview

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• Milestones Accomplished

− Minera Sud Argentina S.A (MSA), Minsud’s local

operating arm, developed an original portfolio of grass

roots Ag-Au projects in the Patagonia region of southern

Argentina beginning in 2004.

− Between 2006 and 2010, the company gradually acquired

key parts (Chita, Brechas Vacas & Minas de Pinto) of its

flagship Chita Valley Au-Ag-Cu-Mo Project in the prolific

Central Andes mineral belt in western San Juan Province,

Argentina.

− In 2011, Minsud shares listed its shares in the TSX-

Venture Exchange to ensure high quality of Corporate,

Financial and Technical standards.

− During the second half of 2011 the Company complied with

the Phase 1 by drilling 3,360 m at Chita Valley while

during 2012 advanced La Rosita up to target definition

(still pending IP/resistivity).

− In 2012 - 2013 Implemented a Systematic exploration

program in Chita Valley by mapping and channel sampling

all the identified targets, some of them ready for drilling

while raising capital in times of crisis among highly

supportive long term shareholders.

Corporate Overview

• Strategic Approach

− Minsud will continue riding up the current crisis focused on a prudent use of funds in critical

fieldwork.

− The mineral endowment of Argentina is believed to be a sound base that will enable the

development of a successful exploration company within the medium to long term.

− The company is actively exploring possible mutually beneficial JVA with well-established

mining/exploration companies or majors on its existing projects, but it is also prepared to

test a significant stockwork Cu-Mo in the Chita Porphyry Stock South by first semester 2014.

− Minsud also plans to possibly enhance its portfolio by selective acquisition of exceptional

mineral properties.

− Minsud is looking for increasing investor´s base through partners with long term vision to

further develop more fluid access to financing when the capital market eventually improves.

− Company fundamentals will keep Minsud attractive to investors in a close future.

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TSX-V 5 YEARS

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Chita Valley Project – Cross Section

The 100% acquired Chita Valley project covers approximately 130 Km2 located in the mining friendly

province of San Juan, Argentina. The project is a large exploration stage Tertiary diatreme volcanic

vent/porphyry complex with classic alteration features, widespread porphyry style Cu-Mo-Ag-

Au mineralization, and associated epithermal Au and Ag bearing polymetallic veins (see our

Annual Exploration Summary at our website).

Placetas

Porphyry Chinchillones

Complex Chita

Porphyry

Minas de Pinto

Veins system

Conceptual Target Model – Cross Section:

La Rosita Project

• The 100% owned La Rosita project covers

approximately 100 km2, located in the

prolific Deseado Massif mining region of

Santa Cruz province, Argentina. The project

is a large exploration stage Jurassic low-

sulphidation epithermal system

associated with bimodal epicontinental

volcanism. Target types include Ag-Au vein

swarms, hydrothermal breccias and

disseminated ore bodies in felsic domes.

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Other Prospects

• The Company also holds a 100%

owned portfolio of selected early

stage prospects, approximately

60,000 hectares distributed within

the Provinces of Santa Cruz

(28,000), Chubut (23,000) and

Rio Negro (9,000), in the

Republic of Argentina.

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Capital Structure

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Share Structure Shares

Authorized shares: Unlimited

Issued and outstanding 54,387,270

Stock Options 4,375,000

Warrants and other options 17,362,637

Fully diluted 76,124,907

Significant shareholders Shares %

Compañía de Tierras Sud Argentino S.A. 13,200,300 24.3%

Richmond Capital 7,095,000 13.0%

Panedile S.A.I.C.F.e I. 5,377,896 9.9%

Alberto F. Orcoyen 3,215,713 5.9%

Pinetree Capital 3,000,000 5.5%

TOTAL 31,888,909 58.6%Escrow Shares Shares

Value escrow 1,786,000

CPC shares 135,829

TOTAL 1,921,829

Minsud has 54.4 million shares issued and a cash balance of C$ 1.2 million (Q1 2014), which allows adherence to the ongoing technical/business plan that includes exploration work with a modest drilling program to test the Chita porphyry Stock south and working capital requirements.

Management

Carlos A. Massa - President & Chief Executive Officer, Mr. Massa is endowed of

entrepreneurial spirit and 25 years of experience in doing business in Argentina also

guided the listing process of Minsud in the TSX-V.

Howard J. Coates – Exploration Vice President & Director, an economic geologist

with 43 years of diversified experience worldwide working for majors and as a

consultant.

Paul F. Andersen - Chief Financial Officer, is a Certified Public Accountant and a

Chartered Accountant with 18 years of experience covering senior management

positions in private and public companies.

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For more details please visit www.minsud.com

Seasoned Management and Board of Directors with solid technical and business

background in Canada and Argentina, highly committed to riding out the current crisis

and build up a successful exploration company in the medium to long term

Players in Argentina

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Province Operative Mines Mines under development Advanced projects

Catamarca Bajo la Alumbrera (Glencore Xstrata) Agua Rica (Goldcorp, Xstrata)

Farallon Negro (YMAD)

San Juan Veladero (Barrick) Pascua - Lama (Barrick) (1) Los Azules (McEwen Minerals)

Gualcamayo (Yamana) Pachón (Glencore Xstrata) Altar (Stillwater)

Casposo (Troy Resources) Jose Maria (NGNX)

Filo del Sol (NGNX)

Santa Cruz Cerro Vanguardia (Anglogold) Cerro Negro (Goldcorp) Cerro Puntudo (Yamana)

San José (Hoschild- McEwen) Lomada de Leiva (Patagonia Gold) Joaquin (Coeur D´alene)

Mananthial Espejo (Pan American Silver) Don Nicolas (IRL) El Tranquilo ( Patagonia Gold)

Cerro Moro (Yamana) La Josefina (Hunt Mining)

Jujuy Aguilar (Glencore - Xstrata) Chinchillas (Grosso Group)

Pirquitas (Silver Standard)

Salta Lindero (Goldrock Minerals) El Quevar (Golden Minerals)

Rio Grande (Regulus Resources)

Chubut Navidad (Pan American Silver)

Cordon de Esquel (Yamana)

Rio Negro Calcatreu (Pan American Silver)

(1) This project was recently put on halt due to environmental issues that came up on the chilean side.

M&A deals

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U$S 20,0 million. May 6th, 2009. Troy Resources acquires Casposo, gold – silver project, San

Juan

$ 626 million. October 30, 2009. Pan American Silver acquires Aquiline

(Navidad – Chubut and Calcatreu- Rio Negro projects)

$ 3,6 billion. September 2nd, 2010. Goldcorp acquired Andean Resources (Cerro Negro –

Santa Cruz)

U$S 487,1 million. July 11, 2011. Stillwater acquires Peregrine Metals. (Altar project -

San Juan)

U$S 110 million. September 1, 2011. Xstrata Copper, Goldcorp and Yamana closed a Four-

year Option Agreement on Agua Rica.

U$S 414 million. June 18, 2012. Yamana acquires Extorre Gold Mines Ltd (Cerro Moro –

Santa Cruz).

U$S 60 million. December 11, 2012. Mirasol sold the 49% interest in Joaquin Silver-Gold

project (100 km north from La Rosita) to Coeur d'Alene Mines Corporation, US$30 million in cash

and US$30 million in shares.

U$S 80 million. September, 2013. An industrial group based in Tierra del Fuego provided

financing to put Don Nicolás (IRL) into production.

U$S 15 million. October 2013. A large Argentine investor Mr. Eduardo Elstain provided U$S

15 million to Gold Rock Resources in order to put Lindero project (Salta) under development.

NORTH AMERICA | Headquarters Minsud Resources Corp. 56 Temperance Street, Suite 200 Toronto, Ontario, M5H 3V5, Canada Phone / Fax : +1 (416) 479 4466

SOUTH AMERICA | Headquarters Minera Sud Argentina S.A. Esmeralda 684 piso 13° - (CP. 1007) Ciudad Autónoma de Buenos Aires República Argentina Phone / Fax : + 54 (11) 4328 4067

info@minsud.com www.minsud.com