Going for Gold October 2013 1 Disclaimer This document may contain - PowerPoint PPT Presentation

Going for Gold October 2013 1

Disclaimer This document may contain statements that constitute “forward -looking statements”, including, but not limited to, statements relating to the implementation of strategic initiatives, and other statements relating to our future business development and economic performance. While these forward-looking statements represent our judgments and future expectations concerning the development of our business, a number of risks, uncertainties and other statutory requirements may render actual developments and results to differ materially from our expectations. These factors include, but are not limited to, (1) general market, macro-economic, governmental and regulatory trends, (2) movements in local and international securities markets, currency exchange rates and interest rates, (3) competitive pressures, (4) technology developments, (5) changes in the financial position or creditworthiness of our customers, obligors and counterparts, and changes in the developments in the markets in which they operate, (6) legislative developments, (7) management changes and changes to our business group structure and (8) other key factors that may adversely affect our business and financial model. We are not under any obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. The technical and financial information presented are best estimates of management and are not JORC or NI43-101 compliant unless otherwise stated. Investors are cautioned not to place undue reliance on this information and not rely solely on the information presented for purposes of making investment decisions. This material may not be reproduced, distributed or transmitted to any other person or incorporated in any way into another document or other material without the prior written consent of LionGold. October 2013 2

Key Mining Assets…Today - 7.0 million ounces Gold Resources since March 2012 1 Projects in the Americas, Africa, Australia Acadian Mining Corporation Castlemaine Goldfields, Nova Scotia Goldfields Canada Ballarat Mine Victoria, Australia Arrangement with SOE SINOMA Group’s 1.33 million ounce Gold Resource 757,700 ounce Gold Resource CBMI Construction at Fifteen Mile Stream & Beaver at 2 tenements, 40-50,000 oz Dam, 100% owned production target, 100%-owned Minera Nueva Vista, Citigold Corporation, Charters 1.47 million ounce Gold Amayapampa, Bolivia Towers, Queensland, Australia Resource, 76%-owned 1.28 million ounce Gold Resource 11 million ounce Gold Resource, incl including 787,300 Reserves, 620,000 Reserves,18%-owned A1 Consolidated Gold 100% owned Unity Mining Signature Metals, Owere Mines, Victoria, Australia Tasmania & NSW, Australia Konongo Ashanti Gold Belt, Ghana 623,000 oz Gold Resource at 3 281,000 Gold Resource 1.47 million ounce Gold tenements, incl 354,000 15% owned Resource, 77%-owned Reserves, 50,000 oz production, 13% owned 1 - LionGold will subscribe to A1 shares in two tranches. The second tranche of the placement, which amounts to 5% of A1′s share capital, is subject to approval by A1 shareholders and regulatory agencies. October 2013 3

LionGold Project Pipeline - Progressing existing projects Company Project Resources Reserves Early stage Advanced Feasibility Development Production Exploration Exploration (ounces) (ounces) Production 40-50,000 oz pa 71,700 - Ballarat Castlemaine Goldfields 100% Exploration on-going 686,000 - Castlemaine Infrastructure & mine development Minera Nueva Vista Amayapampa 1,280,000 737,300 Production 2015: 19,000 oz pa 2018: 85,000 oz pa 100% Scoping study end 2013 950,000 - Beaver Dam Acadian Mining Production potential 100% 383,000 - Fifteen Mile Stream 2017 Scoping study completion end 2013 Signature Metals Konongo 1,470,000 - Exploration on-going 77% Brimestone Resources Penny’s Find Exploration on-going 52,300 - 100% Citigold Corporation Charters Towers 2,120,400 110,000 New operations management in place 18% Henty 121,000 Production 50,000 oz pa 296,000 Unity Mining 13% Darques Reef 327,000 233,000 Production 2015: 50,000 oz pa A1 Consolidated A1 Gold Mine 281,200 - Production 2014/2015: 35,000 oz pa Gold 15% Production figures represent annualised targets. Figures are extracted from previous JORC- and NI43-101-compliant announcements. Resources include Reserves. For Projects in which LionGold has a controlling stake, the Resources and Reserves are based on 100% of the Project’s holding. For Citigold Corporation, Resources and Reserves are based on LionGold’s 18 % equitable holding of the Charters Towers Project’s 11 million ounces of gold Resources, inclusive of 620,000 ounces of Reserves.Take over of 5% of A1’s share capital is subject to approval by A1 shareholders and regulatory agencies. October 2013 4

Geographically diversified - Risk management • Preference for friendly / developed jurisdictions No geographic limitations, but - • Increasing opportunities for regional consolidation “De -risking ” Profile by Resource Ounces Investment Canada Developed – 42% Australia, Canada 5%   Established mining industry Stable business environment Bolivia   Excellent skills-base Infrastructure, skilled labour, funding 5%   Many junior miners Can be high-cost Australia Ghana Canada 57% 33% 19% Developed Ghana, Ashanti Gold Belt Friendly Emerging – 21%  Stable, foreign-friendly Resource  Bigger opportunities  Established gold industry  Lower entry cost  Highly prospective, scalable Canada Australia 19% 42% Friendly Bolivia Emerging “Challenging” – 18% Bolivia 18%   Good value Relationships key “Challenging” Ghana 21% October 2013 5

Fast-tracking growth - Response to improved acquisition opportunities Production – Today ‒ Ounces- Acquisition in-the-Ground Resources FY2014 Focus 7.0m oz FY2013 Reserves Unity Mining 13% 0.9m oz Signature Metals v Acadian Mining 100% Production 40-50,000 oz Castlemaine Goldfields A1 Consolidated 15% ~ Brimstone Resources Exploration 8 Projects Citigold Corp 18% FY2012 Minera Nueva Vista 4 Countries FY2011 Acadian Mining 9% A1 Gold Mine Ore processing agreement Fund-raising for gold CBMI MOU Non-core business business – S$100m New shareholders divestment begins Team-building Business review Institutionalisation Indices inclusion Proposed change of core Business integration of shareholder base Project screening business to precious metals October 2013 6

LionGold Corp - Going for Gold Dynamic, Expanding Operations Resource & Reserves (million ounces) • Initial growth acquisition-led, FY2011 FY2011 FY2012 FY2012 value accretive FY2013 FY2013 Current Current • 7.0 million oz acquired from FY2013 Target end 2014 0 2 4 6 8 10 - eight total, wholly-owned in production Reserves Resource Reserve Resource - S$210 million value, <US$30 per oz Production (‘000 ounces annualised) • Production focus going forward FY2011 FY2011 - Target raised to 200,000 vs 120,000 oz FY2012 FY2012 - Growing opportunity: regional consolidation FY2013 FY2013 Current Current Target end 2014 0 50 100 150 200 October 2013 7

Group Structure - As at October 2013 Tan Sri Dato’ Nik Over 45 years managerial and business experience Ibrahim Kamil Board of Directors across a range of industries, including mining, Non-Executive Chairman media, financial, energy and infrastructure. Nicholas Ng Former CEO of DMG Partners and MD of Citicorp LionGold Chief Executive Officer Investment Bank, Singapore. Previously head of & Managing Director Asia investment banking at Rabobank. Corp Ltd Raymond Tan Over 30 years legal experience including 15 years with General Counsel & Robert Wang & Woo LLP where he was Partner and Executive Director Head of the Corporate & Commercial Department. Operations Investment Dato ’ Md Wira Dani Asiasons WFG Financial Chairman. Actively Abdul Daim involved in resource M&A in Asia and Africa and Citigold Castlemaine Non-Executive Director 100% 18% banking in sub-Saharan Africa. Goldfields Corporation Professionally qualified accountant with affiliations Roland Unity Signature 13% in the UK, Australia and Malaysia with experience 77% Selvanayagam Mining Metals in Australia, Southeast Asia and South Africa. Independent Non-Exec Director A1 15% Owere 70% Over 40 years experience in senior technical, financial Dr Denis Clarke Consolidated Mines and management roles in the mining industry globally, Independent Non-Executive Director including with Rio Tinto and Plutonic. Brimstone 100% Resources Gary Scanlan Ten years with PwC, followed by more than two Independent decades evaluating, developing, financing and Technical Committee administrating mining projects globally. Minera Nueva Non-Executive Director 100% Audit Committee Vista Remuneration Committee Lynne Ng Su Ling Twenty years of legal practice with a broad range of Nomination Committee Independent experience ranging from litigation and conveyance Acadian Mining 100% to corporate and commercial matters. Non-Executive Director Corporation Bernard Soo Accountant with extensive experience in project development, finance and business development Independent Non-Executive Director throughout Asia. October 2013 8