www.alloyres.com.au‌‌‌‌‌‌‌‌‌‌‌

ABN: 20 109 361 195

ASX: AYR

The Horse Well Gold Discoveries

RIU SYDNEY RESOURCES ROUND-UP

May 2016

Disclaimer

This presentation has been prepared by Alloy Resources Limited ("Alloy"). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Alloy has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by Alloy.

Any forward-looking statements included in this document involve subjective judgement and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and maybe unknown to Alloy. In particular, they speak only as of the date of this document, they assume the success of Alloy's strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward looking statements and the assumptions on which the forward looking statements are based. Recipients of this document ("Recipients") are cautioned to not place undue reliance on such forward-looking statements.

Alloy makes no representation or warranty as to the accuracy, reliability or completeness of information in this document and does not take responsibility for updating any information or correcting any error or omission which may become apparent after this document has been issued.

To the extent permitted by law, Alloy and its officers, employees, related bodies corporate and agents ("Agents") disclaim all liability, direct, indirect or consequential (and whether or not arising out of the negligence, default or lack of care of Alloy and/or any of its Agents) for any loss or damage suffered by a Recipient or other persons arising out of, or in connection with, any use or reliance on this presentation or information.

Exploration Results

Information in this report which relates to Exploration Results is based on information compiled by Andrew Viner, a Director of Alloy Resources Limited and a Member of the Australasian Institute of Mining and Metallurgy, Mr Viner has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves." Mr Viner consents to the inclusion in the report of the matters based on this information in the form and context in which it appears. Mr Viner is a shareholder and option holder of Alloy Resources Limited.

The Company confirms that it is not aware of any new information or data that materially affects the information in the relevant ASX releases and the form and context of the announcement has not materially changed.

Where the Company refers to the Mineral Resources in this report (referencing the releases made to the ASX), it confirms that it is not aware of any new information or data that materially affects the information included in that announcement and all material assumptions and technical parameters underpinning the resource estimate with that announcement continue to apply and have not materially changed.

The Company confirms that the form and context in which the Competent Persons findings are presented have not been materially modified from the original market announcements.

Mineral Resources

The resources in this release are based on work carried out by Dr. S. Carras FAusIMM of Carras Mining Pty Ltd. Dr. Carras has 30 years of 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 2012 edition of the "Australian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves" and consents to the inclusion in this report of the information in the form and context in which it appears.

www.alloyres.com [email protected]

• Alloy Resources is a Junior Mineral Explorer operating in Australia

• We are participating in a potentially significant new Gold Discovery in Western Australia called the Horse Well Project.

• The Project is located on the northern limb of the Yandal Greenstone Belt about 50 kilometres from Northern Star Limited's 220,000 ounce/per annum Jundee Gold Mine.

• The Project is a 60:40 J.V with Australian gold producer Doray Minerals Limited who has earned its 60% by spending $2 million over the last 2 years. The JV agreement will now see over $2 million exploration expenditure in the 2016 calendar year - Alloy will be contributing its 40%.

• J.V target is to delineate a 1 million ounce gold reserve to support a 100 koz p.a stand alone operation.

• ONE OF THE BEST AUSTRALIAN GOLD EXPLORATION STORIES IN THE MARKET

Board of Directors

Andy Viner

Executive Chairman - Exploration Geologist

Matsa Resources, Jackson Gold, Gindalbie Metals, RSG

Kevin Hart

Non-Executive Director and Company Secretary

Gold Road Resources, Dacian Gold, Encounter Resources

Andre Marschke

Non-Executive Director - Investor/Fund Manager

Scintilla Capital Pty Ltd

Capital Structure

Shares on Issue

Options (1.5/1.6c unlisted) Market Cap (@ 1.6c)

Cash (approx.)

712.7 million

9 million

$11.4 million

$1.5 million

Shareholders

Top 20 Directors

49%

8.2%