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Shanagan East Coal ProjectMongolia

November 2012

www.nru.com.au

ASX: NRU

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Disclaimer and Competent Persons Statement

DisclaimerThe release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which thispresentation is released, published or distributed should inform themselves about and observe such restrictions.

This presentation does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor the solicitation of any vote orapproval in any jurisdiction, nor shall there be any sale, issue or transfer of the securities referred to in this presentation in any jurisdiction in contravention of applicable law.This presentation is not an offer of securities for sale in the United States, nor does this presentation constitute a prospectus or other offering document in the United States orany other jurisdiction in which it is being used. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended,or an exemption from registration there from.

In providing this presentation, Newera Resources has not considered the financial position or needs of the recipient. Persons needing advice should consult their stockbroker,bank manager, solicitor, attorney, accountant or other independent financial and legal advisors. These statements are forward-looking statements. These forward-lookingstatements are not historical facts but rather are based on Newera Resources’ current expectations, estimates and projections about the industry in which Newera Resourcesoperates, and beliefs and assumptions regarding Newera Resources’ future performance. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”,“estimates” and similar expressions are intended to identify forward-looking statements.

These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the controlof Newera Resources, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. NeweraResources caution shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of Newera Resourcesonly as of the date of this presentation. The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made.Newera Resources will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances orunanticipated events occurring after the date of this presentation except as required by law or by any appropriate regulatory authority.

Competent Persons StatementMongoliaThe information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Per Michaelsen, ConsultantGeologist to Newera Resources Ltd who is a member of the Australasian Institute of Mining and Metallurgy (MAusIMM). Dr Michaelsen has sufficient experience, which isrelevant to the style of mineralisation and the type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the2004 Edition of the “Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr Michaelsen consents to the inclusion in the report ofthe matters based on their information in the form and context in which it appears.For

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Shanagan Project Overview

• Near surface black coal exploration project

•Maiden drilling program completed with 23 of the total 26 holes intersecting coal

•The 1,500m diamond drilling program had the following intercepts:

– SHDR09R intersected 19.45m of cumulative net coal from 9.8m depth

– SHDH14 intersected 12.8m of cumulative net coal from 9.1m depth

– SHDH17 intersected 7.5m of cumulative net coal from 16m depth

– SDH06R intersected 7.1m of cumulative net coal from 16.8m depth

– SHDH11 intersected 7 m of cumulative net coal from 5.8m depth

• Numerous sub-cropping and out-cropping coal seams identified

•Average Calorific Value approaching 8000 kcal/kg (daf)

• Exploration target/JORC Resource information being compiled

• Single exploration licence covering 2,223ha with exploration upside

• ~50kms (direct line) from existing Trans Siberian Railway (direct rail access south to China or north to Russia)For

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Company Overview

BOARD

Mr Martin Blakeman – Executive Chairman

• In excess of 30 years experience with ASX listed resource companies

• Founder and Chairman of Mantle Mining (MNM.ASX) and founding Director

of Metex Resources (now Carbon Energy Limited (CNX.ASX))

Mr Winton Willesee – Non Executive Director

• Experienced company director and company secretary

• Strong track record in strategy, corporate governance, mergers and

acquisitions, and corporate finance

Mr Eric de Mori – Non Executive Director

• In excess of 10 years corporate advisory experience

• Extensive experience in micro-cap companies

SENIOR MANAGEMENT

Dr Per Michaelsen – Consulting geologist (Mongolia)

• Founder and principal consultant of Mongolian geological services company Nordic

Geological Solutions LLC

• Over 15 years experience in coal basins worldwide with a focus on Permian coal

deposits

Capital Structure (A$)

Ordinary Shares on Issue (NRU) 30-Oct-12 261,411,682

Listed Options on Issue (NRUO) 30-Oct-12 68,614,956

Share Price 9-Nov-12 $0.036

Market Capitalisation 9-Nov-12 $9.41m

Net Cash 30-Sep-12 $1.57m

Substantial Shareholders (31-Oct-12) % held

Tonka Trading PL <Jakessi S/F A/C> 7.15%

Deck Chair Holdings PL 3.83%

Mahsor Holdings PL <Rosham Family S/F A/C> 3.10%

R W Assoc PL <S/F A/C> 3.06%

Banks-Smith, Katrina 2.87%

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Source: Newera

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Shanagan Project Acquisition

• Newera has an exclusive option to acquire 80% of the Shanagan Project, with a first right to acquire the

remaining 20% interest

• Drilling results to date have demonstrated over 6.5km of strike with consistent intersections of multiple

shallow black Permian coal seams

•Trenching work by Newera has also uncovered numerous at surface coal seams which require follow up work

• Lab results show potentially high quality black coal with several holes returning elevated CSN numbers

indicating potential for semi soft coking coal

• Coal seams intersected on average between 5-20m from surface indicating very low stripping ratio

• Significant exploration potential

DealTerms (USD $)

Deposit (paid) $50,000Option Fee (paid) $50,000Option Exercise (80% interest) $1,000,000

TOTAL $1,100,000

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Shanagan Project Location

• 155km (by road) south of Mongolia's capital city - Ulaanbaatar

• ~50km (direct line) to rail siding that connects to the Tran Siberian rail line running south into China

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Shanagan Project Exploration

• Initial mapping program identified up to 9 outcropping and sub-cropping coal seams within a small portion of

the overall license area

• Recent trenching work uncovered a number of near surface coal seams that require further exploration

• Coal seams exist in Late Permian coal bearing strata occupying a NE – SW trending asymmetrical syncline,

with potential for thicker and lower ash coal seams along basal sector of syncline similar to other coal deposits

in Mongolia.

Trench photo

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Figure 2: Historical trench exposing subcropping coalFigure 1: New discovery trench exposing 60m of subcropping coal

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Shanagan Project Drilling Results

• Recently completed 1,500m diamond drilling program

consistently intersected shallow black coal

• Highlighted intercepts:

– SHDR09R intersected 19.45m of cumulative net coal from 9.8m depth

– SHDH14 intersected 12.8m of cumulative net coal from 9.1m depth

– SHDH17 intersected 7.5m of cumulative net coal from 16m depth

– SDH06R intersected 7.1m of cumulative net coal from 16.8m depth

– SHDH11 intersected 7m of cumulative net coal from 5.8m depth

•Over 6.5km’s of strike length with additional drilling required

to fully understand exploration upside

• Unmapped coal prospective sequences with abundant organic

material to the west and south also requires follow up mapping

and trenching

• 15 line km Dipole Dipole geophysical survey recently

completed with modelling of results pending – will give further

clarity for follow up drill targeting

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Shanagan Project Coal Quality

• Samples returned from 7 holes thus far have shown low moisture, high ash, low sulphur and high calorific

value black coal with average approaching 8000 kcal/kg (daf)

• Several samples also returned elevated CSN numbers indicating the potential for a semi soft coking coal

• In field logging by consulting geologists recognises potential for separation of ash particles

Figure 4: Recent diamond drilling at the Shanagan ProjectFigure 3: Drill Core intersection from SHDH09R

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Shanagan Project Coal Quality Comparison

Notes:DAF: Dry Ash Free. AD: Air Dry Basis. AR: As Received Basis. [P] Planned Railway. [E] Existing RailwayNewera estimates are based on SHDH02, SHDH04, SHDH05, SHDH09R, SHDH11 and SHDH13 for 59.29m of cumulative coal intersectsComparison figures have been compiled by Newera from publicly available information

Company Projectkm to Rail

JORC Mt

CV DAF Kcal/kg

Ash AD% IM AD% VM AD% FC AD% S AD%

Newera Resources Shanagan East 50[E] - 7,957 47.3 1.1 (AR) 9.7 43.0 0.5

Modun Resources Nuurst 6 [E] 478 6,704 18.9 10.0 40.5 30.6 1.1

Aspire Mining Ovoot Coal 160[P] 252 6,668 (AD) 23.7 0.6 26.5 49.2 1.2

Draig Resources Teeg 65[P] 75 7,605 13.0 (AR) 2.2 40.1 44.7 1.2

Xanadu MinesGalshar, Khus, Javkhlant and Khar Servegen

65[E] 62 6,473 9.0 0.6 40.8 49.6 -

Xanadu Mines KhusTarvaga 30[E] 327 3,646 25.3 19.3 28.5 26.9 1.2

Guildford Coal South Gobi & Middle Gobi 200[E] 292 6,462 (AD) 17.9 4.8 26.9 47.6 -

Banpu Minerals Unst Khudag 180[E] 676 6,612 21.3 18.3 30.1 30.4 1.3

Gobi Coal Shine Jinst 0[P] 2297,530 (wash

AD) 8.1 - 33.3 - 0.45

SouthGobi Resources OvootTolgoi 115[E] 3886,000-7,000 (AD)

8-19 7-8 - - 1-1.7

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Shanagan Project Infrastructure

• Shanagan Project is located 155kms by

road south of Ulaanbatar

•~50kms (direct line) to the East of the

Trans Siberian railway

•All weather haul road used by nearby

iron ore mine

• High voltage power lines servicing

Bayanjargalan town (~7kms from

Shanagan Project)

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Shanagan Project - Achievements to-date

• Newera has reviewed in excess of 25 Mongolian projects to date covering a range of commodities

• Shanagan Project was selected because of the numerous historically identified coal seams that outcropped

at surface, its exploration upside, its close proximity to rail and the favourable acquisition terms

•Newera has set up operational capabilities in country and engaged Mongolian experienced geological

consultants including Nordic Geological Solutions LLC

• Our geological consultants, with extensive experience in Mongolia, have led the mapping exercise,

trenching and recently completed diamond drilling program

• Numerous new coal seams have been identified at surface and drilling has consistently intersected shallow

black coal

• Laboratory results have confirmed the potential for a high quality black coal, with some samples indicating

potential for semi soft coking coal (further results pending)

• A Dipole Dipole geophysical survey has recently been completed with modelling results pending, to give

Newera further clarity on the coal geology/structures, resource potential and new drill targetsFor

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News Flow and Exploration Activity

• Coal quality analysis results due for the remaining holes that were sampled

•The Dipole Dipole Geophysical survey results currently being modelled with results pending

• Further investigation into infrastructure and access to that infrastructure

• Exploration Target and JORC Resource calculation process begins

• Potential for additional drilling program in Dec 2012/ Q1 2013

•Washability tests to commence, pending recovery of sufficient sample material

• Shanagan Project achieves key project status for Newera

• Reviews of complimentary projects continue, with a view to building Newera’s Mongolian portfolio

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Contact

Mr Martin Blakeman

Executive Chairman

Phone: +61 8 9382 3100

Email: martin@nru.com.au

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