TSX-V: RHR

Investor Presentation

January 2012

Tanzania’s Premier Exploration Company

TSX-V: RHR

Forward Looking Statement Certain information regarding the Company contained here in may constitute forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company’s control, and that future events and results may vary substantially from what the Company currently foresees. Discussion of the various factors that may affect future results is contained in the Company’s Annual Report which is available at www.sedar.com.

The Company’s forward-looking statements are expressly qualified in their entirety by this cautionary statement.

* This presentation has been reviewed by Mr. Butler, a qualified person as that term is defined in NI 43-101.

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Corporate Overview

Redhill Resources Corp. is a progressive exploration company with significant gold interests in Tanzania,

East Africa and rare earths Utah.

• Experienced Management: Highly skilled board and executive team with a history of success.

• Fully funded: Currently has over $12 million in cash and marketable securities.

• Diversified Portfolio: Property interests in both the precious and industrial metals sectors.

• Active Plan for 2012: Aggressive exploration program for 2012 including mapping, sampling, trenching and drilling.

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Management & Consultants Clive Massey – President & CEO

Executive with over 20 years working experience with public companies in the junior exploration sector. Mr. Massey has held numerous positions, including the President and CEO of Universal Uranium Inc.

Graham L. Harris – Chairman, Director

Over 20 years experience in the finance industry ; 1999 to 2004 Senior Vice President and Director of Canaccord Capital Corp.; directly raised over $200 million in development and venture capital .

Jasvir K. Kaloti – CFO, Corporate Secretary

Over 14 years experience in the finance industry; independent consultant for public and private companies in the mining industry.

Andrew Bowering – Director

Held senior executive positions and directorships in numerous public exploration companies over the last 21 years; directly raised over $150 million for mineral exploration.

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Management & Consultants Brent Butler – Director

Over 20 years of international geological experience and mine management; Holds B.Sc. Geology; Member SEG, AusIMM and PDAC.

Brian Morrison – Director

Corporate Administrator with 5 years experience with public companies; in-depth knowledge of securities

Basha Hifato – Manager of East Africa Operations �

Mr. Basha Hifato manages the operations in Tanzania and is the CEO of Hifato Enterprises Inc. Mr. Hifato has built a strong network of contacts within the East African community including current and former government ministers.

Robert F. Weicker – Consulting Geologist

Mr. Weicker is a professional geologist and has over twenty-five years experience in the mining and exploration industry. Mr. Weickers many accomplishments include aiding in the development and subsequent production of Hemlo one of the largest gold mines in Canada.

Amina Umutoni – Director of International Affairs

Mrs. Umutoni is a citizen of Rwanda and Canada, with residences and business in both countries. With a background in business, she has been involved with the acquisition, administration and management of a number of mineral resource properties and projects.

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TSX-V: RHR

Capital Structure

Issued & Outstanding 131,903,953

Warrants 28,400,000

Options 11,630,000

Fully Diluted 171,933,953

Recent Share Price (Jan 10, 2012) $0.11

Market Capitalization

Cash & Marketable Securities

$14.5 M

$13.9 M

*as of Jan 11, 2012

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Tanzania Exploring Among the Majors

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Why Tanzania? • Fourth largest producer of gold in Africa

• Rich in gold, diamonds, iron, uranium, nickel, platinum and other minerals

• Gold production is expected to reach 1.55 million ounces in 2012.

• Tanzania placed within the top quartile on the World’s Bank “Ease of Business” index. Ahead of other major gold producing countries such as Brazil, Mexico and Argentina.

• Offers a favorable geopolitical climate. Barrick, Anglo Ashanti and Tembo Gold are also working in the area.

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PROP,WOZOOMLOPROP

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History of the Bulyanhulu Mine

• Acquired by Barrick in 1999 and opened in 2001.

• Located in Northwest Tanzania, in the Kahama District of the Shinyanga Region.

• Approximately 55 km South of Lake Victoria and 150 km southwest of the city of Mwanza.

• As of 2011, it has an expected mine life of 23 years.

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Bulyanhulu’s Current Production

The Bulyanhulu Gold mine is a 12 Moz deposit and currently produces 260k ounces of gold

annually with an average gold

recovery rate of 92 %.

2010 Production Stats:

Ounces Produced: - 260k oz

Head Grade: 9.2 (g/t)

Mill Recovery: 92.20%

Ore Milled: 954 Kt

Cash cost per tonne milled: US $148/t

Cash cost per ounce sold: (US$/Oz) 539

Capital Expenditure: US $81 Million

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Bulyanhulu Geology • The Bulyanhulu gold mine is a narrow

vein gold mine containing gold, silver and copper mineralization in sulphides.

• Mineralization at Bulyanhulu is associated with a number of steeply dipping reefs.

• Archean rocks host a number of sub-parallel quartz-sulphide veins (reefs) which have undergone extensive drilling to depths of 240m.

• The drilling and development at least five distinct deposits: The Main, West, and East zones, Reef 2 and Reef 0.

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TSX-V: RHR

Nyakagwe Property

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Redhill’s Nyakagwe Property • Redhill Resources has entered into an agreement to acquire an initial 85% interest,

and the right to acquire the remaining 15% interest in 46 Primary Mining Licenses (PML’s) which together form 3 blocks of contiguous claims named the Nyakagwe property.

• The PML’s total approximately 400 hectares and are located 6 Km from Barrick’s Bulyanhulu mine hosting reserves of 12 million ounces of gold at 12.6 grams per tonne.

• The geology of the Nyakagwe project is analogous to that of the Bulyanhulu mine.

• The gold mineralization is found within a series of east to northeast striking quartz reefs within the larger Bulyanhulu shear zone.

• Existing information confirms at least six strong linear magnetic trends.

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Insert Regional trends Map from Sharon

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Proposed 2012 Work Program

Redhill Resources is encouraged by the geology and mineralization discovered to date and is planning a program for 2012 which includes geological mapping, sampling and trenching to better delineate the multiple zones on surface. This will be followed up by a geophysical

program of Induced Polarization (IP), and ground magnetics, followed by trenching and diamond and/or RC drilling.

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Honey Comb Hills A Rare Earth Beryllium Property

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What is Beryllium?

• Beryllium is an element which occurs naturally only in combination with other elements in minerals. As a free element it is a steel-gray, strong, lightweight and brittle alkaline earth metal.

• Used in industrial applications including plastic injection mold tooling, down-hole and undersea oil exploration, landing gears in all sorts of aircraft and other aerospace applications.

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TSX-V: RHR

Honey Comb Hills Project- Utah

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• 100% interest in 64 unpatented lode claims in the Fish Creek District, Juab County, approximately 2.5 hours southwest of Salt Lake City.

• Close proximity to Great Western Minerals Group’s Deep Sands REE project

• Hosts a similar geologic environment, to nearby Spor Mountain Mine, owned by Brush Engineered Metals which produces approximately 48,000 tonnes of bertrandite ore annually grading 3.5 percent beryllium.

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Contact Info

Suite 2000 – 1177 West Hastings St. Vancouver, B.C. V6E 2K3 Canada Tel: +1 604-662-8184 Fax: +1 604-602-1606 Toll Free: 1-877-662-8184 (US & Canada ) Email: info@redhill-resources.com

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