Building the iron dragon: exploring for iron ore in Bolivia

INDUSTRIAL METALS, MINERALS & MINEABLE ENERGYINVESTMENT SUMMIT

IRONMONGERS’ HALL, CITY OF LONDON ● THURSDAY, 3 NOV 2011

www.ObjectiveCapitalConferences.com

Building the iron dragon: exploring for iron ore in BoliviaNick Tintor– Ferrum Americas Mining

Cerro Rojo Iron Ore Project, Bolivia

Size, Grade, Infrastructure – A World Class Combination

Objective Capital Conference – LondonNovember 3 - 2011

Forward Looking Statement

All statements and other information contained in this document related to Ferrum Americas Mining Inc. (“FAM”), as well as other statements about anticipated future events or results, constitute forward-looking statements. Forward-looking statements often, but not always, are identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “forecast”, “project”, “likely”, “potential”, “targeted” and “possible” and statements that an event or result “may”, “will”, “would”, “should”, “could” or “might” occur or be achieve and other similar expressions. Forward-looking statements are subject to known and unknown business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. FAM does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

Our PeopleExperience and Integrity

Laurence Curtis, Ph.D Geologist and company founder with more than 40 years experience in Non-Executive Chairman global mineral exploration. Laurie is also the founder and a director of

Intrepid Minerals and is an analyst at Dundee Securities.

Alistair Maxwell Investment banker with more than 15 years experience. Alistair was the Vice Chairman founder and President and CEO, of Clarus Securities for the past 8 years.

Nick Tintor, B.Sc. Geologist and company founder. Nick has been involved for the past 20

President, CEO years in project generation and financing of exploration companies. He isand Director also a director of Cerro Resources, Southern Andes Energy Inc. and is Managing Director of RG Mining Investments Inc.

Barry Lavin, P. Eng Mining engineer with more than 25 years experience in all facets of mine Director project development and management. Most recently, Barry spent 18 years with Rio Tinto where he was Head – Technical Services and was General Manager,

Iron Ore Business Development in Australia.

Stephen M. Gledhill Certified Management Accountant with over 25 years of financial control andChief Financial Officer reporting experience. He has acted as CFO for numerous publically-traded

small to mid-cap mineral exploration companies and is Managing Director and

CFO of RG Mining Investments Inc.

Michael Bennett Former RTZ geologist with +20 years project management experience in BoliviaConsultant and Brazil.

Jim McNamee Bolivia-based geologist for the past 30 years with exploration experience in a variety Project Manager of geological environments across Latin America.

Chinese Demand Fuels Fe Growth

Chinese demand drives prices

China’s urbanization policies fuel construction growth

RTZ forecast 800 mt Fe ore demand increase over next 8 years

Steel production forecast to soar 25% by 2015 to 750 million tonnes in accordance with latest Five Year Plan (1)

Appendix

(1) The Australian, May 31, 2011 quoting the China Iron and Steel Association

A New Iron Ore District in BoliviaExtension of Urucum Deposits in Brazil

Cerro Rojo part of Fe trend extending across from Brazil

Vale’s Urucum mine in operation and ships product via barge convoy down river

Jindal is developing Mutun

Suarez Bolivia area being readied for Fe development

Cerro Rojo Project Summary

RTZ discovery in 1999 following regional Fe recon program

Cerro Rojo identified as part of a “new iron ore province...” (1)

RTZ program included 64 surface samples averaging +50% Fe

Large shallow dipping scarp slope strikes for 4.5 km and up to 1.5 km in width

Target potential resources exceed 250 million tonnes

Cerro Lejo and Cerro Chico projects host lower grade BIF’s: 30%-40% Fe.(1)RTZ Internal Memorandum – Iron Ore Project,

Eastern Bolivia, December 11, 1999

ValeJindal

Cerro Rojo – A New Iron Ore District

Sampling of BIF suggests +50% Fe grades in hematite/magnetite

Gentle dip scarp slope suggests good open pit potential Colluvium cover on dip slope possible enriched starter ore? Left photo: walking up dip slope Right photo: BIF scarp edge with dip to left

Cerro Rojo Hosts Major Footprint

Strikes for more than 4.5 km

Scarp dip slope up to 1.5 km

Mapping of BIF outcrop shows potential for resource growth

RTZ exploration target of 250 mt is conservative

Mapping suggests +600 mt potential

Rights over Cerro Chico and Cerro Lejos deposits in same trend.

Cerros Chico and Lejos host lower grading BIFs ranging 30%-40%

Cerro Rojo Ranks Well Globally

Cerro Rojo grades rank high on global scale

Resource increase will push Cerro up rank

Combination of grade, size potential and logistic advantages suggests a world class project

Prime Location and LogisticsAn Infrastructure Advantage

Located near Puerto Suarez, Bolivia by Brazil

Project is 8 km from rail line 55 km by rail to port Excellent road access to site Excellent local infrastructure

including gas power lines

Rail crossing near project site

Gas line parallels rail line

Puerto Aguirre – Link to the Atlantic Ocean

Barge convoys provide shipping solution to Panamax load out at Rosario, Argentina

Ample land available for major storage and loading infrastructure

The Hidrovia River SystemLatin America’s Mississippi

Major river artery to Atlantic Ocean

Project is 55 km from river

Low cost barge convoys attractive for bulk transport of Fe

Convoys up to 50,000 t capacity

Vale’s Corumba uses barge convoys to transport Fe to Rosario

Bolivia – A Mining CountryRich in Culture and Resources

A rich and diverse mining history and economy

Government supports private mining as this sector encompasses thousands of small private mining entities – crucial to Bolivia’s economy

Santa Cruz province is pro-business

Foreign companies include: Sumitomo British Gas – BG Group Jindal Steel TOTAL Energy Gazprom

Opportunity to develop a world class iron ore project complemented by superb logistics

Major Mining Projects in Bolivia

Sumitomo-San Cristobal

Orvana – Don Mario

US$1.3 billion capex

600,000 tonnes conc/year

Production October 2007

Major tax generator in Bolivia

US$21 million capex

1,900 tpd operation

Production started July, 2003

Coeur – San Bartolome US$238 million

capex

Production June 2008

Pan American –San Vincente US$72 million

capex

Production March 2009

Kempff FamilyPartners with Deep Ties to Bolivia

Dr. Rolando Kempff is a Governor and Director of the Banco National de Bolivia

Owns and manages Terrasur – one of Bolivia’s largest real estate companies.

Dr. Oscar Kempff is Bolivia’s most respected geologist credited with numerous discoveries such Don Mario

Parque Nacional Noel Kempff Mercado, is named in honour of the late Bolivian biologist and conservationist, Professor Noel Kempff

The Kempff family have deep roots in Bolivia and are key partners in the development of Cerro Rojo

Dr. Oscar Kempff

Dr. Rolando Kempff

Project Acquisition Terms

Kempff family are partners and vendors

Cash: US$10.5 million over three years (1)

On IPO, issue $1 million in shares

First anniversary of IPO, $1.5 million in shares

Bonus payments capped at $10 million (2)

(1) Three year option period begins on receipt of all operating and environmental permits(2) Bonus based on $0.02 per tonne on next 100 mt grading +50% Fe above threshold of 150 mt. On next 100 mt, bonus paid is $0.03 per tonne. All bonuses owing are only payable on receipt of positive bankable feasibility study and

arrangement of project financing.

Program – 2012Drill, Metallurgy and Planning

Complete 4,000 m phased drill program. Outline and confirm

deposit footprint

150 kg of surface sample in lab for first phase beneficiation test work

Complete additional beneficiation work to determine final product and process

52% Fe is “marginal” DSO. Determine process to upgrade to +58%-63%

Complete initial resource estimate by 4th quarter 2012

$0.11 $0.16 $0.18 $0.19 $0.25

$0.31 $0.32 $0.42

$0.52

$0.70

$0.99

$1.14

$1.39

$1.90

Comparable Company Analysis

Ferrum Americas – Comparable Company Trading MetricsUS$/t Contained Fe

MeanUS$0.61/t Fe

Source: Thomson One, Metals Economics Group, SEDAR, and Company ReportsFerrum Americas valuation assumed based on current RTO LOI with RAP and assumes a $10M financing. Resources are potential resources based on historic exploration (270Mt @ 52% Fe)

Capital Structure

Ferrum Americas is currently a private Ontario corporation and is finalizing an RTO transaction with a company listed on the TSXV.

On the close of the RTO transaction and a contemporaneous minimum financing of $3 million at $0.50 per share, the capital structure of Ferrum Americas is estimated as follows:

Pre-financing Post Financing

Shares % Shares (1) %

Ferrum Shareholders & Option holders

24,952,500 91 24,952,50

074.9

RAP Shareholders, Option holders and Warrant holders 2,348,300 9 2,348,300 7.1

Financing- - 6,000,000 18.

0

Total 27,300,800 100 33,300,8

00100

Post Market Capitalization: $16.65 million

Summary

Cerro Rojo project has potential for +600 mt grading +50% Fe

Cerro Rojo has an infrastructure advantage over far more remote projects in the world.

Proximity to the Hidrovia - Latin America's Mississippi River system – an attractive shipping option for bulk commodities.

Located in Santa Cruz province, the pro-business centre of Bolivia.

Kempff family are our partners. Key advantage in governmental relations

Strategic plan – advance Cerro Rojo in 2012 and build our Fe asset base in the Americas

Ferrum’s small capitalization provides opportunity for significant growth as projects are advanced

Cerro Rojo – Size, Grade, Infrastructure – a World Class Combination

Contact

For additional Information please contact:

Nick TintorFerrum Americas Mining Inc.120 Adelaide Street West -Suite 2400 Toronto, Ontario – M5H 1T1

Telephone: 416 987 0855Email: [email protected]