Waterhouse West Highlights

Rum Jungle Uranium Field
145 km² Exploration License
Vein and Unconformity deposits
40% Owned by Aldershot

George Creek Highlights

Pine Creek Orogen, 30k South of Rum Jungle Field
84 km² Exploration License
4.02% U₃O₈ surface grab samples* 
40% Owned by Aldershot

Ngalia Highlights

Western Ngalia Basin
211 km² Exploration License
28 km of Prospective Horizon
40% Owned by Aldershot *See, Appendix below

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Appendix

Additional Holding:
Turee Creek Uranium Project
100km2 License owned 100% by Aldershot
Agreement signed with Fortescue Metals Group Ltd. in June 2012
Historical resource of 1.05 Mt @ 350 ppm U₃O₈ (approximately 810,000 lbs contained U₃O₈)*
Similarities to Athabasca Basin/unconformity model
Airborne radiometric-magnetic survey completed in March 2007 and 21 uranium anomalies ground checked.
Assays of up to 4,209 ppm U₃O₈*
Orientation ground IP survey undertaken in 2007.
Results received for airborne EM (Tempest) survey completed in March 2008.

*The potential quantity and grades are conceptual in nature and there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource. A portion of the historical estimates may be broken down into measured and indicated categories, the remaining historical estimates were not broken down into resource categories and no explanation of the differences is known. There is no more recent data available. Additional drilling and testing is required to determine a current classification as a mineral resource or reserve. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource or mineral reserve and Royal is not treating the historical resource as a current mineral resource.