Corporate Presentation December 2012

1. Mogul Ventures Corp.
Q4, 2012

2. THE FOLLOWING INFORMATION may contain forward–looking statements. Forward
looking statements address future events and conditions and therefore involve
inherent risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statement. Forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause Mogul
Venture Corp’s actual results, level of activity, performance or achievements to be
materially from those expressed or implied by such forward-looking information.
Such factors include, but are not limited to: uncertainties related to the historical
resource estimates, the work expenditure commitments; the ability to raise
sufficient capital to fund future exploration or development programs; changes in
economic condition or financial markets, regulatory, political and competitive
developments; technological or operational difficulties or an inability to obtain
permits required in connection with maintaining, or advancing projects; and labour
relation matters
*All historical resource estimates quoted herein date from the 1960s and 1970s and are based on prior
data and reports obtained and prepared by previous operators and information provided by the State, using
a Russian classification system not compatible with 43-101. Insufficient data exists to compare Russian
categories to current C.I.M. categories. A qualified person has not completed sufficient work to verify the
classification of the historic mineral resources and as such they should not be considered as current
resources and they should not be relied upon. Mogul Ventures believes these historical results provide an
indication of the potential of the property and are relevant to ongoing exploration. It should also be noted
that mineral resources which are not mineral reserves do not have demonstrated economic viability as
defined by NI 43-101 guidelines.
2 www.mogulvc.com

3. COMPANY OVERVIEW
• Mogul Ventures Corp. focuses on
exploration, development and
production of thermal and coking coal
as well as base and precious metals in
Mongolia
• NI 43-101 compliant Inferred
Resources of 89.6 million tons of
coal established at Ovdog Hudag
Thermal Coal Deposit based on 14-drill
hole, 2,369 meters drilling program*
• The company plans to monetize its coal assets
through conventional open-pit mining as well as
exploring the application of new technologies for
underground coal gasification
• The Tin+polymetallic metals project has significant Capital Structure
upside potential and appears amenable to open pit Shares Outstanding 112,437,407
mining
Pre-IPO Financing $7,604,363 @
• The company leverages world-class management, (Apr. 2011) $0.25/share
technical expertise and in-depth local knowledge
to acquire, explore and develop coal projects in
Mongolia
3 www.mogulvc.com
*Ovdog Hudag Coal Deposit, Mogul Ventures Corp. – NI 43-101 Report by SRK Consulting (China) Ltd., June 30, 2012

4. MOGUL VENTURES TEAM
STEVEN KHAN, MBA, CFA JAMUL JADAMBA
Executive Chairman & Director CEO, President & Director
• Previous 20 years experience in all aspects of • Formerly a natural resource and mining-
the investment industry including executive focused investment banker with an extensive
positions with regional and national full-service capital raising background, servicing
Canadian investment brokerage houses worldwide companies, especially in Mongolia
• Focused on strategic corporate and business • Former Director and co-founder of the
development as well as resource and venture Metals & Mining Group at Rodman &
capital financing during the last nine years Renshaw LLC.
• Holds Director and Executive Officer roles in a • Native Mongolian with well-established
number of public and private resource relationships with influential business and
companies government leaders in Mongolia
• Successfully completed major corporate • Extensively writes and speaks on topics of
development initiatives both domestically and Mongolian economy, development and politics
internationally including in Japan, Korea and for organizations such as Oxford Analytica,
China Institutional Investor and Business New
Europe
4 www.mogulvc.com

5. MOGUL VENTURES TEAM
DAVID A.TERRY, Ph.D., P.Geo. JOHN CARLESSO
Senior Technical Advisor Director
• Over 20 years of business experience in the • The founder of Cervello Capital Inc., a private
natural resource sector, focused primarily on merchant bank based in Toronto; over 16
exploration of precious and base metal deposits years of international business experience
in North and South America. • Chairman of Oremex Silver Inc., an
• Director of and advisor to several publicly-listed exploration and development company
mineral exploration companies focused on silver assets in Mexico including
• Specializes in public company management, the 50 million oz open pit Tejamen deposit
strategic planning, finance, advanced project • Co-founder of Explorator Resources Inc., a
evaluation, identification and acquisition of mining exploration company developing the El
opportunities, design and implementation of Espino-Venus copper-gold project in Illapel,
effective and cost-efficient exploration programs Chile
• Held positions with a number of senior mining • Has extensive experience in the junior mining
companies including Boliden Limited, Westmin sector – held the position of Vice President,
Resources Limited, Hemlo Gold Mines Inc., Corporate Development at Desert Sun
Cominco Limited and Gold Fields Mining Mining Corp, a company acquired by Yamana
Corporation Gold Inc.
5 www.mogulvc.com

6. MONGOLIA OVERVIEW
• Recognized as the home to some of the world’s largest natural resource deposits
including coal, gold and copper
• Strategic location
• Next door to the biggest consumer of commodities in the world – China
• Mining is the most important sector:
• “Contributes 30% of GDP and 70% of exports”(1)
• Favorable political environment:
• Mongolian Government focused on the long-term development of resource-related
sectors and favorable policies towards business and foreign investments
• Stable business-friendly democracy:
• 20-year, uninterrupted history of peaceful and democratic government
• Homogenous country with minimal risk of ethnic or religious conflict
6 Source: (1) the Ministry of Mineral Resources & Energy of Mongolia www.mogulvc.com

7. MONGOLIA: MINING INDUSTRY OVERVIEW
Mongolia is poised to become one of the fastest growing
economies in the world in the next two decades
• Mining industry size: 30% of GDP(2)
• Market Cap of publicly traded
companies with assets in Mongolia,
including non-Mongolian junior mining
companies: $30B+(3)
• Investment Capacity of Mongolia’s
mining industry (5 years): $25 - $30B(4)
• 6,000 known mineral occurrences(5)
• 80+ mineral deposits found and
recognized as economic by the Mineral
Resources Authority of Mongolia(6)
• 2011 coal production: 30 Mt(7)
Sources:
(2) the Ministry of Mineral Resources & Energy of Mongolia
(3) Bloomberg
(4) How much capex the country can absorb given known development projects. Statement made by the former Prime Minister Bayar
(5), (6) The World Bank report on “Mongolian Mining Sector: Managing the Future”
7 (7) National Statistics Bureau www.mogulvc.com

8. MONGOLIA COAL OVERVIEW
• Viewed as Saudi Arabia of
coal
• Total Minable
resources estimate
~162 billion tons (7)
• Rapid growth potential
• Current production
~16 million tons per
year (mostly exported
to China)
• Production expected
to reach 60 - 70
million tons by 2015(8)
8 Source: (7), (8) Renaissance Capital’s June 15, 2011 report on “Moncoalia” www.mogulvc.com

9. MONGOLIA COAL OVERVIEW
• High quality and highly accessible:
• Generally near surface, ideal for low cost open pit mining, dominated by high-
quality low ash, low sulfur and low phosphorous coals
• Known geology:
• 12 coal basins, 3 regions with over 200 deposits of thermal and metallurgical grade
coal
• Main coal formation ages: Carboniferous-Permian, Jurassic, Cretaceous and Tertiary
• Thick coal seams formed in all ages
9 www.mogulvc.com

10. REGIONAL COAL DEMAND
• China, Mongolia’s southern neighbor, is the world’s leading consumer of coal with
annual demand of 2 billion tons
• China’s coal demand is expected to increase - planned power plant construction in
China is heavily concentrated in the northeast
• Domestic coal demand will increase significantly as Mongolia plans to exponentially
increase its own power infrastructure
• Coals of Northern China tend to be of a lower calorific value as compared to those
from the South and middle Gobi basins of Mongolia. China has a shortage of coking
coal
• The Chinese Government is focusing on fixed asset investments inland into Central
and Western provinces where Australian and Indonesian coals are not competitive
10 www.mogulvc.com

11. BLACK HILLS PROJECT LOCATION
Black Hills (Khar Tolgoi)
Source: Mongolian Railroad
Policy, Eurasia Capital
• 34,055 hectare mining license
• Comprises of the Ovdog Hudag and Ikh Ulaan-Nuur coal deposits, Oortsog Ovoo
polymetallic deposit and other known occurrences of fluorspar, sand and aggregates
• 100 km southwest from Choir railway station
• 35 Kilowatt power line on the property
• Easily accessible all year around
11 www.mogulvc.com
Source: Mongolian railroad Policy, Eurasia Capital

12. BLACK HILLS PROJECTS
Deposit Resource Commodity
OORTSOG OVOO 39,237.2 t (historic) Tin (Sn)
OVDOG HUDAG 89 Mt (NI 43-101) Thermal Coal
IKH ULAAN NUUR 86.4 Mt (historic) Thermal Coal
12 www.mogulvc.com

13. OVDOG HUDAG COAL DEPOSIT
• In 2011 a 14 hole, ~2,370 m core drilling program on 1,000 m
centers confirmed the historical work on the deposit, forming
the basis for a NI 43-101 Resource Estimate by SRK Consulting
• NI 41-101 Report summary results:
• Estimated Inferred Resources of 89.6 Mt*
• 8 coal seams recognized – 4 fully mineable, 2 partially
mineable
• Classed as High Vol Bituminous A Thermal Coal
• Average Gross Calorific value – 5,636 to 6,431 kcal/kg (daf)*
• *3,776 to 4,952 kcal/kg on a dry basis; daf = dry ash free
basis
• Average Volatile Matter – 29.9 to 37.9%
• Average Fixed Carbon – 32.3 to 39.5%
• Average Ash – 22 to 33% - washing will reduce
• Average Sulphur - 4.94%; removal of abundant visible pyrite
through processing expected to reduce S levels significantly
• SRK recommended program: infill and expansion drilling program, process test work,
mine design and Preliminary Economic Assessment
*Ovdog Hudag Coal Deposit – NI43-101 Report by SRK Consulting, June 30, 2012
13 Photo: Dirll rig 2011

14. OVDOG HUDAG & IKH ULAAN-NUUR DEPOSITS
• Ovdog Hudag coal deposit historical resources, based
on Russian drilling from the ‘60s and ‘70s, using a
Russian Classification system and based on >85 drill
holes:
• 1968: C1+C2 resources totalling 201.2 Mt*1
• 1970: B+C1+C2 resources totalling 168.2 Mt*1
• Ikh Ulaan-Nuur coal deposit is located 7km NNE of
Ovdog Hudag and was defined by Russian drilling in
the ‘60s and ‘70s
• 1970: A+B+C1+C2 resources totalling 86.4 Mt*1
• Excellent potential for additional coal resources to be
delineated in the undrilled area between Ovdog
Hudag and Ikh Ulaan-Nuur
• Re-drilling of Ikh Ulaan-Nuur will add to NI 43-101
resources
• Open pit accessible coal resources with expected low
strip ratio
*See Page 2 Note
14 1 SRK Consulting External Technical memo, May 28, 2011; Technical Report on the Coal Resources of the
www.mogulvc.com
Ovdog Hudag Coal Deposit Dundgovi Province, Mongolia” prepared by Flore Tungalag

15. OORTSOG OVOO SKARN SYSTEM
• Cassiterite (Sn) skarn system with Cu-Zn-Pb-Fe-
W-Ag-In
• Twenty four ore bodies have been identified and
studied to varying extents
• Historic exploration focused on Sn provided
Oortsog Ovoo
following results:
• Historic Resources totalling 39,237 t Sn
Metal reported*
• ~6.7 Mt at an average grade of 0.60% Sn,
with no credits for other metals present
• The deposit was proposed to be mined via 5
open pits to a maximum depth of 150m, with
average stripping ratio of 4:1
• Low Sulphide Sn-dominant (0.25 to 1.13%
Sn) and High Sulphide Zn-Pb-Cu-Fe-Ag-In
zones delineated
• Tremendous exploration upside as
historically only outcropping ore bodies
were explored at shallow depths, minimal
exploration focused on Au
15
*Historical resources - see note on Page 2 of Presentation

16. OORTSOG OVOO SKARN SYSTEM
• 41 holes were drilled on
three of the depicted zones
• A significant trenching
program of 207 trenches was
also conducted
• Rock chip samples taken by
Mogul also had high grades of
copper ranging as high as
1.5%, 3% and over 6%
• Mogul is planning a
geophysical, mapping and
drilling program for 2013,
expecting to report initial NI
43-101 compliant resources
in Q3-Q4 of 2013
16

17. OORTSOG OVOO COMPARABLE
Mkt Cap Proposed Mining
Project Location Main Mineral Resources Grade (09/27/12) Method
Oortsog Ovoo Mongolia Tin 39,200 t* 0.60%*** N/A Open Pit
Kasbah Morocco Tin 54,000 t** 0.80% $67M Underground
* Historic resource based on 41 drill holes and 207 trenches. Does not include credits for other metals present such as Cu, Pb,
Zn, Ag, Au, Bi, Cd and Fe
** JORC compliant resources: Inferred 37,000 t, Indicated 17,000 t
*** Grade doesn't include credits for other metals present
• Kasbah Resources is a close comparable to Oortsog Ovoo
• Kasbah’s Achmmach deposit has a known 2km strike length of mineralization. Oortsog Ovoo
system is observed over a strike length of ~3km by 3km
17
Sources: Kasbah Resources website, Mogul Ventures

18. BLACK HILLS: KEY ADVANTAGES
• Strategic location close to existing rail line (parallel line planned) providing
ready access to Chinese markets
• Open pit accessible thermal coal resources with expected low strip
ratio
• NI 43-101 compliant Inferred Resource of 89.6 Mt from 2,370m of drilling in
14 holes at Ovdog Hudag deposit
• Excellent potential to significantly expand the projects’ coal resources
through:
• Infill and step-out drilling at Ovdog Hudag deposit where substantially larger
historical resources were delineated by Russian work in the 1960s and 1970s
through more detailed drilling
• Ovdog Hudag Coal Deposit remains open to the north
• Drilling of the Ikh Ulaan Nuur deposit 7km NNE of Ovdog Hudag (86.4 Mt*1)
• Testing the undrilled area between the two known deposits
• The Oortsog Ovoo skarn system has significant metals potential (Sn, Cu, Fe,
Ag, Au)
1Technical Report on the Coal Resources of the Ovdog Hudag Coal Deposit Dundgovi Province, Mongolia”
prepared by Flore Tungalag
18 www.mogulvc.com

19. GOALS AND OBJECTIVES - COAL
• Additional drilling and surface exploration to maximize
Black Hills’ full potential including:
• Infill and expansion drilling to expand resources and
upgrade resource category
• Step-out drilling between Ovdog Hudag and Ikh
Ulaan-Nuur to delineate additional resources
• Re-drill Ikh Ulaan-Nuur
• Commence detailed development studies including:
environmental baseline, processing, mine design
• Commence an economic evaluation
• Develop Black Hills towards production
• Seek strategic partners for funding expansion, off-take,
development of a power plant, and application of new
technologies for monetizing deep-in-ground stranded
coal
• Acquire additional coal projects focusing on coking coal
and thermal coal in proximity to near-term
infrastructure development
19 Photo: Core being bagged from Drill 2, 2011 www.mogulvc.com

20. GOALS AND OBJECTIVES - METALS
• Exploration at the Oortsog Ovoo polymetallic project
will include:
• Ground and airborne geophysical surveys
• Surface sampling and mapping
• Confirmation drilling of historical drill holes
• Expansion and step out drilling
• Expand exploration with the aim of making Oortsog
Ovoo a world-class polymetallic project with a focus on
Sn and Cu
• Move the project towards feasibility and development
20 Photo: Mogul staff and geologists at Oortsog Ovoo skarn, 2012 www.mogulvc.com

21. SUMMARY HIGHLIGHTS
• One of the few exploration and mining companies operating in Mongolia that has
significant local ownership. It has extensive local expertise and execution capabilities
• Black Hills (Khar Tolgoi) property is one of the largest mining licenses in the country
and has two significant projects: Ovdog Hudag-Ikh Ulaan Nuur are substantial thermal
coal projects close to infrastructure with significant expansion potential, Oortsog
Ovoo polymetallic project has already a substantial historic resource that Mogul
believes can be expanded significantly
• NI 43-101 Inferred Resources of 89.6 Mt* of coal
• Excellent potential to significantly expand the projects’ coal resources through infill
and step-out drilling at Ovdog Hudag deposit, where substantially larger historical
resources were delineated by Russian work in the 1960s and 1970s, through more
detailed drilling
• China continues to utilize thermal coal as a viable energy source
• The company has unique access to a proprietary pipeline of acquisitions
• The company and its principals have a broad network of strategic partners,
professional service providers and capital sources to build long-term successful
projects and create significant shareholder value
21 *Ovdog Hudag Coal Deposit – NI43-101 Report by SRK Consulting, June 30, 2012 www.mogulvc.com

22. Contact Information
+1 416.915.4202 | information@mogulvc.com
Suite 5700 – 100 King Street East
Toronto, Ontario
M5X 1C7, Canada