ASX/Media Announcement

29 March 2017

MINING 121 CONFERENCE PRESENTATION

Thundelarra CEO Tony Lofthouse will deliver a presentation at the Mining 121 Conference that is being held in Hong Kong on Wednesday 29 and Thursday 30 March 2017.

The presentation will outline the exciting gold exploration targets being tested by drilling currently underway at the Garden Gully gold project located near Meekatharra, a proven gold-producing district in Western Australia's Eastern Goldfields. The Garden Gully gold project is Thundelarra's flagship exploration project at present.

The presentation also provides brief updates on other targets in our exploration portfolio, including copper-gold at Red Bore; copper-graphite-uranium at Allamber; zinc and graphite at Sophie Downs; and nickel at Keller Creek (where Thundelarra has a 20% free carried interest).

To view, please see the attached pdf of the presentation or visit the Company's website www.thundelarra.com.au

then navigate to the [Investors] [Presentations] tab.

For Further Information Contact: THUNDELARRA LIMITED Mr Tony Lofthouse - Chief Executive Officer Issued Shares: 426.5M

+61 8 9389 6927 ASX Code: THX

Thundelarra Limited | ABN: 74 950 465 654 | Level 1, 186 Hampden Rd, Nedlands WA 6009 | PO Box 7363, Cloisters Square, WA, 6850

www.thundelarra.com.au | info@thundelarra.com.au | Tel: +61 8 9389 6927 | Fax: +61 8 9389 5593

Investment Rationale
  • Strong management team

    200 years' combined experience in all aspects of the resource sector

  • History of successes

    Yilgarn Star gold; UMC iron ore; Copernicus nickel; Thunderball uranium; now Garden Gully?

  • News flow

    Garden Gully Phase 3 follow-up drilling underway

  • Garden Gully upside: 7m at 24.5 gpt Au and 80m at 1.9 gpt Au at Lydia
  • 2017 drilling planned for Garden Gully, Red Bore, Sophie Downs
  • Red Bore still offers potential DeGrussa VHMS repetitions
  • Diverse exploration portfolio, all with discovery potential

    Apart from Garden Gully and Red Bore: zinc at Sophie Downs; nickel at Keller Creek;

    graphite at Sophie Downs and at Allamber; plus uranium……

    2 Why Thundelarra? Why now? Actively aggressive explorer that puts money in the ground
  • Strong management team, relevant experience, record of success
  • ~A$1M cashburn for last 20 quarters: always >67% into the ground
  • Clear strategic commodity focus: gold and copper
  • Garden Gully shaping up as a major new gold discovery
  • Projects in active exploration areas, near plants hungry for ore
  • 2017 follow-up drilling at Garden Gully, Red Bore - many targets
  • Red Bore still offers potential DeGrussa VHMS repetitions
  • Excellent leverage to discovery: >90% ownership
  • A$3M cash at 31 December 2016
3

Thundelarra Exploration Limited published this content on 29 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 March 2017 00:50:17 UTC.

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