A Golden Investment Opportunity 1 Golden Eagle Mining An Overview - PowerPoint PPT Presentation

Main document title here 08 March 2011 ‘ A Golden Investment Opportunity ’ 1

Golden Eagle Mining – An Overview  Golden Eagle Mining (GEM) is a mineral exploration and development company with a primary focus on gold, in proven gold-producing districts  We’ve secured a large high -quality ground position in the Kalgoorlie Terrane; one of the world’s most prolific gold districts, with abundant industry support and infrastructure  Over recent years we’ve consolidated a series of fragmented license holdings littered with historic workings, that have never been subject to focussed and systematic exploration  In addition, we’ve supplemented these licenses with highly -prospective tenure along strike that lie under thin surficial cover  Collectively, GEM has a combination of drill ready gold targets, backed up by a series of high-quality early stage prospects and is ready to hit the ground running  We’re all about technically -focussed, well-managed exploration with the aim of 2 building an inventory of quality gold resources, and generating shareholder value

Infrastructure & Location A Highly Accessible Project Area In A Proven Gold District  GEM has consolidated a highly prospective tenement package, located centrally in Western Australia’s goldfields  GEM’s project area is ideally located near existing infrastructure and is easily accessed  Both the Perth-Kalgoorlie rail line and the Great Eastern Highway crosscut the tenement package  Water is also easily accessed to facilitate diamond core drilling and future mining operations  A network of existing tracks traverse the ground holding minimising costs associated with exploration and resource definition 3

The Golden Eagle Ground Position Regional Setting >380 km 2 of tenure held 100% by GEM  straddling the Bullabulling and Coolgardie Domains  Licenses cover high-strain structural corridors through greenstone belts and adjacent granitoid margins; the no.1 formula to the lode-gold deposits of Archean cratons  Historic production:  Bullabulling and Coolgardie Domains: >3M oz gold  The question is not ‘is there gold?’ , but ‘how much gold will there be?’ Main document title here 08 March 2011 4

The Golden Eagle Ground Position Regional Setting The Kalgoorlie Terrane contains a high density of gold mines and prospects concentrated along structural zones within greenstone 5 sequences and along the margins of granitoid-greenstone margins. GEMs tenements are outlined in solid blue.

The Golden Eagle Ground Position A closer look Two advanced drill-ready prospects: First Find – a classic geological setting, historic workings, promising high-grade initial drill hits Endeavour – along strike from significant past production, abundant historic workings, large MMI surface gold anomaly In addition - a series of early stage prospects and regional targets to fuel the project pipeline: First Find East Eastern side of fold/thrust duplex that hosts First Find Bungarra East-trending thrusts abut granitoid margin Western Shear High-strain corridor through mafic sequence, mostly under thin cover, existing surface gold anomalism Northern Shear High-strain corridor with mafic/ultramafic rocks between granitoids 6

‘First Find’ An Advanced Gold Exploration Project  First Find is a historic gold prospect  Gold mineralisation is hosted through a series of stacked thrusts that juxtapose contrasting rock types  Windows of residual soils amongst thin alluvial cover and lateritic caps return consistent soil anomalism along a 3.5km structural corridor  Abundant historic workings have focussed initial drill holes that returned impressive hits – with grade Main document title here 08 March 2011 Old workings reveal strongly altered gold-bearing shear zones 7

‘First Find’ An Advanced Gold Exploration Project  Aeromagnetic data highlights a NNE-trending zone of high strain along a major lithological boundary – a classic structural setting  The ‘magnetic highs’ correspond to ultramafic and komatiite sequences that are also prospective for nickel  First Find East represents another highly prospective corridor Main document title here 08 March 2011 8

‘First Find’ An Advanced Gold Exploration Project Looking North, North East 9

‘First Find’ An Advanced Gold Exploration Project  GEM is reviewing and consolidating all available data in order to take a system- scale approach  Further surface chemistry and detailed high resolution magnetic surveys will be utilised to focus the next phase of drilling  The initial drill holes tell a compelling story: Main document title here  Intercepts are associated with steeply- 08 March 2011 dipping and closely space shear zones 10

‘Endeavour’ An Advanced Gold Exploration Project  The Endeavour prospect also features abundant small-scale historic workings, and is situated along strike from the Gibraltar open pit gold mine  Potential for a large-tonnage near-surface resource  600 x 600m MMI soil anomaly defined Lateritic soils at Endeavour Main document title here 08 March 2011 East trending, south dipping shear zones hosted gold at the Gibraltar Mine Endeavour MMI Soil Anomaly 11

‘Endeavour’ An Advanced Gold Exploration Project Initial Drill Intersections returned promising results. Follow up drilling will be aimed and identifying near surface expression of the primary mineralistion 12

Regional Early-Stage Prospects Filling the Pipeline for Further Drill Ready Targets  Aeromagnetic surveys highlight the major structural, high-strain corridors in the region  These were the pathways the focussed gold- bearing fluids – essentially the ‘gold plumbing system’  Both the Northern and Western Shears are areas under thin alluvial cover. GEM will use its technical know-how to identify the appropriate method to detect geochemical anomalism based on the varied surface conditions  First Find East contains abundant historical workings along a 4km structural trend and is amenable to conventional soil sampling methodologies  NE-trending structures north of the Lloyd George and Gibraltar mines will also be subject to early stage exploration methods 13

Golden Eagle Mining Initial Public Offering Golden Eagle Mining is looking to list on the Australian Securities Exchange (ASX) The company is seeking to raise $2.5 million (AUD) through issuing 12.5 million ordinary $0.20 shares to facilitate the exploration and advancement of its 100% owned, highly prospective tenement package Funds will be focussed toward drilling campaigns at the First Find and Endeavour prospects, as well as surface geochemical and geophysical surveys at early stage prospects to validate their potential as genuine drill-targets The opportunity is clear:  A fantastic ground position in a prolific gold district that has not be subject to thorough and systematic exploration  High quality drill ready targets and a pipeline of early stage prospects with genuine geological merit  A focussed and experienced team that has developed the Golden Eagle concept, and is now ready to implement 14

‘Endeavour’ An Advanced Gold Exploration Project Looking North Looking West 15