BCGold Corp. “ Discovery Driven” March, 2014 Engineer Mine Property
Corporate Strategy • Focused exclusively on copper and gold exploration in established mining districts in British Columbia and Yukon since 2006. • BCGold’s primary gold asset is the 100% owned, historic high-grade gold Engineer Mine property, where the Company has defined a compelling gold concentrate production opportunity through continued exploration, bulk sampling and on-site milling. • Exploration focussed for an economic epithermal gold deposit and on-going efforts to secure a qualified partner to finance the gold concentrate production opportunity. • Seek joint venture partners to advance numerous 100% owned copper and gold exploration projects in British Columbia and Yukon. 2
Why Invest in BCGold? • Board and management with >120 years of collective exploration, mining and development experience. • Proven project generators and property vendors, with 27 early to development stage copper-gold properties in emerging and established mining districts. • Tight share structure – 26.5 million shares O/S. 10:1 share consolidation completed in Nov, 2012. • Kinross has been significant shareholder since 2008. 3
Board of Directors & Advisors • Brian P. Fowler, P.Geo., President & CEO, Director - Chairman and Director – Laurentian Goldfields Ltd. • John Kowalchuk, P.Geo., Independent Director - Geological Consultant. • Peter Kendrick, MBA, Independent Director - President – Management & Efficiency Consultants. • Robert Kendrick, P.Eng. AMP, Advisor • Randy Smallwood, P.Eng., Advisor • Derek White, CA, Advisor 4
Management Team • Brian P. Fowler, P.Geo., President & CEO, Director - Quadra Mining Ltd., Placer Dome Inc. • Larry M. Okada, CA, CPA (Wash.), CFO - PricewaterhouseCoopers LLP, Deloitte. • Darren O’Brien, P.Geo., Vice President Exploration - Terrane Metals Corp., Placer Dome Inc. • Jacqueline Collins – Corporate Secretary - Global Minerals Ltd., Midnight Sun Mining Corp. 5
Share Structure Shares es Issu sued ed 26.5 M Fully y Dilute ted 45.4 M 18.9 M Warran rants ts & Opti tion ons Share e Distrib tributio ution Managemen gement t , Directors ctors & Inside ders rs 24% 24% Retail il 70% 70% Kinross oss Gold d Corp. 3% 3% Institutio titutions 3% 3% 6
B.C. and Yukon Property Portfolio 7 7
Engineer Mine – Yesterday and Today Historic Mill Engineer Mine Townsite c.1924 Level 5 Portal Present Day Mill 8
Engineer Exploration Model and Upside • The Engineer Mine Property has the earmarks of a large epithermal gold system with a number of characteristics (gold and roscoelite) similar to world-class, alkalic epithermal gold systems such as the Porgera, Cripple Creek and Emperor gold deposits. • The Engineer Mine Property hosts a robust and open mineralizing system. High-grade gold has been confirmed 21 metres below the deepest mine level (8 level) on the Double Decker Vein and between 5 and 7 Levels on the Engineer Vein by BCGold drilling, mine de- watering and sampling . • The Engineer and adjoining Blind Creek and Gold Hill Properties occupy the heart of the Engineer Mine mineralizing system and offer excellent bulk-tonnage gold potential, hosting >8 km of 2 nd order shear structures with drill intercepts of hydrothermal breccias grading up to 0.45 g/t Au over 34 metres. • Exploration results indicates excellent upside to resource expansion and gold grade increase. The company is evaluating the premise of partially funding exploration through continued bulk sampling and on- site milling of high-grade material from Engineer Vein. 9
Recent Corporate and Exploration Activity • Test-mined and milled a 246 tonne bulk sample from remnant pillars of the Engineer Vein in 2011, producing 826 kg of gold gravity concentrate (containing 68 oz gold) which was monetized for US$107,000 (Net). • 5th Level bulk sampling in 2011 defined the tops of 2 high-grade gold shoots in Engineer Vein, estimated to contain up to 17,000 oz. gold grading between 30 – 60 g/t gold. • Successfully dewatered 6 and 7 Levels of underground workings in 2012, confirming gold grade and depth extent of 3 high-grade gold shoots on Engineer Vein. • 2012 test MMI soil surveys along mineralized segments of the 8km+ Shear Zone ‘A’,‘B’ and Happy Sullivan bulk tonnage gold structures confirmed as an effective means to define drill targets. • Consolidated land holdings over entire Engineer Mine Camp through acquisition of Blind Creek claims. (3,537 ha). Aug.19, 2013 • Amended Gold Hill Property option agreement – deferring $160,000 in exploration and option payments costs to 2014. Aug.27, 2013 10
Engineer Mine Property, B.C. • Historic high-grade gold-silver mine. • Past production 18,000 oz Au and 8,950 oz Ag in 1920’s. • Average historic grade of 39 g/t Au and 20 g/t Ag. • Barge and ice road accessible, 32 km west of Atlin, B.C. 11
Engineer Mine Property, B.C. • >$4M expenditures to date (BCGold). • Excellent high-grade, near-term production and resource expansion potential. • >8 km of untested, 2 nd order shear structures known to host hydrothermal 3,460 ha Mineral Claims breccias and low- 77 ha Crown Grants grade gold. • 3,537 ha property occupies entire Engineer Mine Camp. 12
Tenure Engineer Mine Property • 100% owned crown grants; site of historic mine workings. • No underlying royalties except for 30% NPI to EMC on small mineralized shoot on the Double Decker Vein between 5 and 8 Levels. • Option to purchase surface rights for fair market value ($0.5M max) by 2017. Gold Hill Option • 50% owned (Guardsmen Resources Inc.) with option to acquire remaining 50% for option payments of $50,000 and work commitment of $163,000 by 2014. • 2.5% NSR to Guardsman, reduced to 0.5% for $1.5M Blind Creek Option • Option to earn 100% interest over 4 years through issuance of 1.25M shares, $225,000 in cash payments and $400,000 in work commitments. • $10,000 cash payment and $100,000 work commitment for 2014. • 2% NSR to Blind Creek, reduced to 0.5% for $1.5M 13
Engineer Mine – Property Geology Hub A Hub B • Adjacent to Llewellyn Fault; major domain boundary between Stikine and Nisling Terrains. • Black sediments intruded by quartz monzonite to diorite dykes and stocks • Property cut by Llewellyn- related shear zones up to 150 metres wide hosting hydrothermal breccia and low- grade gold. • > 25 narrow, dilational veins discovered to date with high- grade gold mineralization. 14
43-101 Engineer Mine Resource Estimate ENGINEER MINE INFERRED MINERAL RESOURCE ESTIMATE * Contained Cut-Off Category Vein Tonnes Au (g/t) Au (oz) Inferred Engineer 30,800 20.6 20,400 Double Inferred 10,100 13.1 4,400 5 g/t Au Decker Total (3) 41,000 19.0 25,000 Inferred Engineer 10,400 60 20,100 Double Inferred 3,600 30 3,500 25 g/t Au Decker Total (3) 14,000 52.5 23,600 Note: Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. * April 18 th , 2011 Snowden NI 43-101 estimate 15
Engineer Mine Property – Shear Zones, Veins, & Underground Development (Level 5) • 5,500 m of underground development on 8 levels. • 5 th Level portal with rail. • 2 styles of epithermal gold mineralization. • Narrow high grade veins (0.3 – 3.0 m, >35 g/t Au). • Broad, low grade shear structures with hydrothermal breccias (0.45 g/t over 35 m). • Unexplored below 200 m from surface. • BCGold conducted 1,850 m drill program in 2008 (Shear Zone A), 1,100 m UG drill programs in 2010 (Engineer & Double Decker Veins) & mined and milled 6 bulk samples (246.1 tonnes) as part of a 2011, $1.1 million exploration program. 16
High-Grade Gold Exploration Upside and Near-Term Production Potential • High-grade gold has been confirmed to extend laterally along veins for >1km and from surface to at least 21 metres below deepest mine level (8 level), 180 metres below surface, by BCGold Corp. drilling in 2010, trenching and bulk sampling in 2011 and mine- dewatering and sampling in 2012. • High-grade mineral resource (tonnes and grade) is understated, primarily due to a high gold “Nugget Effect”, with excellent upside potential. Current resource is confined to remnant portions of 2 veins out of 25 known veins on the property. • 2011 bulk sampling program defined 2 accessible high-grade gold shoots on Engineer Vein between 5 and 7 Levels, estimated to grade between 30-60 g/t gold and containing up to 17,000 oz gold. • Production drifts in place for Engineer Vein between 5-8 Levels and Double Decker Vein on 5 and 8 Levels. • Production drifts in place on 5 Level for Boulder, Governor, Shaft and Jersey Lilly Veins. 17
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