2. Certain statements and information may be included in this presentation which constitute forward-looking statements, including, without limitation, regarding proposed future exploration activity, future acquisitions, future plans and objectives, expectations regarding rare earth element and uranium grades and prices, estimates of production, operating expenditure, capital expenditure and projections regarding the completion of capital projects as well as the financial position of Kirrin Resources Inc. These forward-looking statements involve risk and uncertainties and there can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those expressed or implied by such forward-looking statements. Except as required by applicable securities legislation, Kirrin undertakes no obligation to publicly update or revise forward- looking statements, whether as a result of new information, future events or otherwise. FORWARD-LOOKING STATEMENTS

3. REE prices stable to rising. Uranium price at ~$44/lb is close to four year low, with forecast average $70/lb in 2009-2011* REE supply has new China problem: availability outside China becoming both scarce and more expensive. Uranium supply deficit forecast from 2013: growth in demand forecast at 4.4% per year despite economic downturn** Kirrin operating three projects in N&L with expansion focus on Quebec Kirrin’s technical group has 100 years of relevant experience and the strong corporate team is familiar with tough markets Strategy: apply technical and corporate expertise to high-grading of property portfolio, creating shareholder value by asset realisation Low G&A burn optimizes available dollar spend on exploration * source: Raymond James, March 2009** source: Canaccord, January 2009 WHY KIRRIN RESOURCES? (TSX-V: KYM)

4. Reactors Under Construction, Planned and Proposed NUCLEAR POWER GENERATION & U SUPPLY GROWTH

5. U 3 O 8 Demand Curves vs. Forecast Supply (Canaccord, 2009) 20132013 NUCLEAR POWER GENERATION & U SUPPLY GROWTH

6. ONE YEAR OBJECTIVES (TSX-V: KYM) Position Kirrin through exploration and expansion in property portfolio to benefit from current investor interest in REE opportunities and forecast price rally in uranium market Complete financings for 2009 - 2010 exploration programs Complete assessment of new anomalies on Lost Pond REE project Advance drill programs on Boxey Point and Lost Pond projects Pursue corporate development opportunities Extend investor relations campaign to introduce investment community to Kirrin

7. CORPORATE DATA (TSX-V: KYM) Stock Symbol / Exchange Stock price 52-Week Range* Shares outstanding* 3 month average daily trading volume* Head office KYM / TSX Venture $ 0.20 –$ 0.01 12.4 million basic; 17.4 million fully diluted 50,000 shares Calgary, Canada * Reflects 1 for 10 share consolidation May 1, 2009

8. CORPORATE TEAM (TSX-V: KYM) Bryan Benitz (Chairman) Mr Benitz is a specialist in corporate finance and development. He enjoys an international reputation for identifying growth opportunities in junior companies and has an enviable track record of success. Derek Moran (Director and CEO) Mr Moran’s career in natural resources commenced in 1977 and now includes extensive management and international corporate finance and development experience. He qualified as a chartered accountant while with KPMG. Peter Farkas (Director, CFO and Company Secretary) Mr Farkas, a finance executive and lawyer, provides practical financial, strategic planning, legal and other senior management advice to his clients. He was previously a senior corporate partner with Howard Mackie (now BLG) of Calgary.

9. Jack Perraton Mr Perraton is Senior Partner of Perraton Law of Calgary and a member of the University of Calgary Board of Governors. He was Chancellor of the University between 1998-2002. Mr Perraton has forty years of experience in natural resource transactions in Canada and is a director and audit committee member of several listed companies. Henry Tondowski Mr Tondowski is an independent investment banker. He had a long banking career in London, culminating as Director of Industrial Bank of Japan International. He advises a private natural resources fund in Switzerland and conducts venture capital projects in Africa. He is a director and audit committee member of several companies. NON-EXECUTIVE DIRECTORS (TSX-V: KYM)

10. SENIOR TECHNICAL ADVISORS (TSX-V: KYM) Dr Reg Olson Dr Olson is and independent consultant with clients ranging from major to junior mineral exploration and mining companies, private investors and government agencies, Dr Olson has worked throughout Canada and the USA on all types of uranium deposits. He is a Former Senior Advisor, Mineral Resources at the Alberta Energy and Utilities Board/Alberta Geological Survey and was awarded a Ph.D. in Economic Geology by UBC in 1977. Tom Carpenter Mr Carpenter is an independent consultant with 35 years world-wide exploration experience across a broad range of minerals. He is a Professional Geoscientist with the APE&G of British Columbia. Mr Carpenter assists Kirrin with programme design and planning; field collection of data; design and implementation of quality control and quality assurance procedures; supervision of programmes; and compilation, interpretation and reporting of results.

11. REGIONAL MAP

12. KIRRIN’S URANIUM PROJECTS Lost Pond REE and uranium project – western Newfoundland – earning 50% interest with expenditures of $2.6 million and 300,000 shares* Alexis River REE and uranium project – southeastern Labrador - earning 60% interest with expenditures of $1.25 million and 250,000 shares* Boxey Point uranium project – southern Newfoundland - earning 60% interest with expenditures of $1.0 million and 200,000 shares* Intensive review of additional projects in N&L and Quebec is underway Kirrin is current on its earn-in commitments and its obligatory exploration expenditures in 2009 < $10,000 * Reflects 1 for 10 share consolidation May 1, 2009

13. LOST POND REE AND URANIUM PROPERTY

14. Early exploration success: (a) 1,650 m drilling in 13 holes around first REE anomaly intersected 4.47% Total Rare Earth Oxides over 5.64m with $/tonne value US$1,500 Early exploration success: (b) 3,100m drilling in 20 holes resulted in high uranium assay of 0.04% U 3 O 8 across 20.1m including 0.6% over 3m. Uranium zone is 200m wide with best assay 0.75% over 0.5m and remains open to depth Best percentage TREO 15% being evaluated Uranium mineralization target style is variably characterized as cataclastite hosted, fracture control, and unconformity related Future program: assessment of 5 further known REE anomalies in underway; step out drilling to expand current U2 uranium zone commences November; and drilling on new REE targets in Spring 2010 LOST POND URANIUM AND REE PROPERTY

15. LOST POND CATACLASTIC URANIUM ZONE

16. ALEXIS RIVER REE AND URANIUM PROPERTY

17. 2008 drill program uranium high assay 0.754% U 3 O 8 across 0.20m from 58.90m to 59.10m core length Assays disclose cerium, lanthanum and neodymium REE 2007/2008 lake sediment analysis at Anomaly Lake shows high 2,370 ppm uranium and average 520 ppm uranium (0.085 wt.% U 3 O 8 ) from 106 samples Airborne survey defines strongly positive, broad anomaly immediately east of Anomaly Lake Anomaly Lake sediment tested 926 ppm, the highest recorded by GSC in 18,640 samples in N&L. Equivalent to 0.1% uranium in lake sediment. Future program: follow-up prospecting and geochemistry to better define REE prospectivity and Anomaly Lake alteration zone and elevated lake sediment uranium anomaly

18. BOXEY POINT URANIUM PROPERTY

19. 738 ppm uranium and 1,498 ppm uranium (0.09 and 0.18 wt.% U 3 O 8 ) results from soil and rock sampling Extensive 2008 field program completed and geochemical results indicate anomalous uranium trends in soils extending up to 1.4 km from the radioactive zone along the west shore of Boxey Point promontory Property is 900 ha. in southern Newfoundland largely underlain by rocks of the Great Bay L’Eau Formation Future program: drill test of radioactive zone and geochemical uranium anomalies commences in October 2009

20. CLOSING SUMMARY (TSX-V: KYM) Strong REE and uranium fundamentals Kirrin is a new player in the sector; quickly established and operating three exploration projects in Newfoundland and Labrador Strong technical and corporate teams focused on rapid growth combining project acquisition, corporate activity and exploration Strategy: apply technical and corporate expertise to high-grading property portfolio, creating shareholder value by asset realisation Operating strategy for today’s market; emphasizing low G&A burn and efficient use of financing on exploration Attractive capital structure Management has financed 17% equity participation

21. CONTACT INFORMATION (TSX-V: KYM) CHF Investor Relations - Canada Robin Cook + 1 416 868 1079 X228 robin@chfir.com Investment Connections - Europe Floriane Meyer + 41 76 581 4521 info@investmentconnections.com Derek J Moran, CEO + 27 82 440 3426 derek.moran@kirrinresources.com Kirrin Resources Inc + 1 403 205 4996 info@kirrinresources.com www.kirrinresources.com

22. Thank you