Green is the New Gold. UP 49ers. Legacy. Excellence. Virtuosity. YULO PEREZ Vice President, Philippine Operations TVI Resource Development (Phils.), Inc.

Green is the New Gold. UP 49ers.

Legacy. Excellence. Virtuosity.

Green is the New Gold. UP 49ers.

Legacy. Excellence. Virtuosity.

YULO PEREZVice President, Philippine Operations

TVI Resource Development (Phils.), Inc.

YULO PEREZVice President, Philippine Operations

TVI Resource Development (Phils.), Inc.

This is an honor.This is an honor.

Kudos, best wishes!Kudos, best wishes!

TVI RESOURCE DEVELOPMENT (PHILS.), INC.

I will do my darn best.I will do my darn best.

Genius without education is like gold in the mine.

Genius without education is like gold in the mine.

OutlineOutline

California Gold Rush, 1849Who we are: TVIRDWhat have remained, what have

changed

California Gold Rush, 1849Who we are: TVIRDWhat have remained, what have

changed

The American DreamThe American Dream

Pre-1849: to achieve“competency”Pre-1849: to achieve“competency”

Industriousness. Prudence. Frugality.

But the dream turns to nightmare…But the dream turns to nightmare…

Rapid population growth

Rising land costs

Rapid population growth

Rising land costs

Industrial revolution Expansion of banking

and cash economy…

Industrial revolution Expansion of banking

and cash economy…

…made farmers dependent on the market

Go West!Go West!

The American DreamThe American Dream

Post-1849: to escape from wage slaveryPost-1849: to escape from wage slavery

Swashbuckling enterprise and good fortune.

Legacy Legacy

California presented to people a new

model for the American dream –

one where the emphasis was on the ability to take

risks, the willingness to gamble on the

future.

California presented to people a new

model for the American dream –

one where the emphasis was on the ability to take

risks, the willingness to gamble on the

future.

Who we areWho we are

Affiliate of TVI Pacific Inc (TSX:TVI)

Operator of Canatuan Gold-Copper Project, Siocon, Zamboanga del Norte

Signatory to Mineral Production Sharing Agreement (MPSA) with

Philippine government

Affiliate of TVI Pacific Inc (TSX:TVI)

Operator of Canatuan Gold-Copper Project, Siocon, Zamboanga del Norte

Signatory to Mineral Production Sharing Agreement (MPSA) with

Philippine government

TVI Resource Development (Phils.), Inc.

Who we areWho we are

Began producing gold and silver in mid-2004

First foreign-invested mine to reach production stage after the passage of the Philippine Mining Act of 1995

508-hectare mining concession within Siocon Subanon ancestral domain

Produced total of 140K oz of gold from 2005 to 2008

Began producing gold and silver in mid-2004

First foreign-invested mine to reach production stage after the passage of the Philippine Mining Act of 1995

508-hectare mining concession within Siocon Subanon ancestral domain

Produced total of 140K oz of gold from 2005 to 2008

TVI Resource Development (Phils.), Inc.

Who we areWho we are

Began constructing copper-zinc facilities in June 2008

Started commissioning in November 2008

Made first copper concentrate shipment in March 2009

Completed sixth shipment in August 2009 (total of 30K dmt)

Began constructing copper-zinc facilities in June 2008

Started commissioning in November 2008

Made first copper concentrate shipment in March 2009

Completed sixth shipment in August 2009 (total of 30K dmt)

TVI Resource Development (Phils.), Inc.

We take (and manage)risks.

We take (and manage)risks.

Entered Canatuan while plagued with illegal small-scale mining

Offered better alternative to IPs, national gov’t, and small-scale miners in managing the resource

Implemented year-long cleanup of pollution left by small-scale mining

Relocated small-scale miners

Entered Canatuan while plagued with illegal small-scale mining

Offered better alternative to IPs, national gov’t, and small-scale miners in managing the resource

Implemented year-long cleanup of pollution left by small-scale mining

Relocated small-scale miners

We are a partner in progress.

We are a partner in progress.

Peace and security in plant and community manned by mostly Subanon security force.

IPs have many good reasons to secure Canatuan: royalty, employment, education, infrastructure, medical care, livelihood.

Peace and security in plant and community manned by mostly Subanon security force.

IPs have many good reasons to secure Canatuan: royalty, employment, education, infrastructure, medical care, livelihood.

Thrift. Prudence.Industriousness.Thrift. Prudence.Industriousness.

Obtained US$30.1 million financing for Copper-Zinc Project despite credit crunch on account of good reputation built on operational expertise gained in Gold-Silver Project

Completed construction in just 6 months -- within time and under budget!

Made 1st shipment only 10 months after start of construction activities!

7th shipment next week

Obtained US$30.1 million financing for Copper-Zinc Project despite credit crunch on account of good reputation built on operational expertise gained in Gold-Silver Project

Completed construction in just 6 months -- within time and under budget!

Made 1st shipment only 10 months after start of construction activities!

7th shipment next week

Triple Bottom LineTriple Bottom Line

49ers = PROFIT

94ers = PROFIT, PEOPLE, PLANET

Triple Bottom Line:PROFIT

Triple Bottom Line:PROFIT

August 2009Highlights

August Year-to-date

Production (tonnes per day - tpd)

198 124

Throughput (tpd)

1,804 1,228

Copper recovery(%)

91.5 80.4

Average cash cost per Cu lb eq produced (US$)

0.47 0.61

Triple Bottom Line:PROFIT

Triple Bottom Line:PROFIT

Improved cash position enables TVIRD to execute portion of growth plans:

Zinc Circuit Power Line Exploration of near

mine tenements

Improved cash position enables TVIRD to execute portion of growth plans:

Zinc Circuit Power Line Exploration of near

mine tenements

Gold Rush TollGold Rush Toll

California’s Indian population dwindles to 1/5 of pre-1849 size

Thousands die of diseases, displaced, enslaved, or killed

4,000 children sold

California’s Indian population dwindles to 1/5 of pre-1849 size

Thousands die of diseases, displaced, enslaved, or killed

4,000 children sold

Triple Bottom Line:PEOPLE

Triple Bottom Line:PEOPLE

Subanon population

doubles Improved houses in

settlement areas within their homeland

All have access to clinic Children go to school Adults undergo

livelihood training, have access to microfinancing

Subanon population

doubles Improved houses in

settlement areas within their homeland

All have access to clinic Children go to school Adults undergo

livelihood training, have access to microfinancing

Triple Bottom Line:PEOPLE

Triple Bottom Line:PEOPLE

Health &Sanitation

SustainableLivelihood

Responsive Education

Infrastructure

QUADRANTS OF DEVELOPMENT

Gold Rush TollGold Rush Toll

12,000 billion tons of earth dug up

Rivers excavated and hillsides blasted

Mercury used to extract gold from ore; 7,600 tons of toxic chemicals spill into rivers and lakes

12,000 billion tons of earth dug up

Rivers excavated and hillsides blasted

Mercury used to extract gold from ore; 7,600 tons of toxic chemicals spill into rivers and lakes

Triple Bottom Line:PLANET

Triple Bottom Line:PLANET

Tailings Management Tailings Management

Gossan Dam Sulphide Dam

Triple Bottom Line:PLANET

Triple Bottom Line:PLANET

Soil Loss and Erosion

Management Reclamation and

Rehabilitation Water Quality

Monitoring

Soil Loss and Erosion

Management Reclamation and

Rehabilitation Water Quality

Monitoring

Beyond CanatuanBeyond Canatuan

Transparency,Open Door Policy

Transparency,Open Door Policy

Never lose the lessons of 1849…Never lose the

lessons of 1849…

And you will reap the rewards…

And you will reap the rewards…

The 49ers’ Spirit lives!The 49ers’ Spirit lives!

“To look backward for a while is to refresh the eye, to restore it, and to render it the more fit for its prime function of looking forward.”

- Margaret Fairless Barber

Maraming salamat po.Maraming salamat po.