Going for Gold December 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. December 2013 2
LionGold Corp at a glance - As at 2 December 2013 First gold company listed (SGX: A78) 2 Dec 2013 (Bloomberg: LIGO SP) on SGX Mainboard with 7.5 million (Reuters: LION.SI) Price per share S$0.177 ounces of gold resources and Market capitalisation S$166.6M 900,000 ounces classified as Shares issued 941.2M reserves. The Group is Enterprise value S$136.9M geographically diversified Net asset value (NAV) S$0.21M P/NAV 0.79x with interests in 8 gold mining and Included in 2 equity indices exploration companies with primary Market Vectors Global Junior Gold Miners Index concessions in Australia, Ghana, Bolivia FTSE ST Mid Cap Index and Canada. December 2013 3
Key Mining Assets…Today - 7.5 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 Co-partner in resources and energy IPR Fund Minera Nueva Vista, Citigold Corporation, Charters 1.47 million ounce Gold Amayapampa, Bolivia Towers, Queensland, Australia Resource, 76%-owned 1.79 million ounce Gold Resource 11 million ounce Gold Resource, incl A1 Consolidated Gold including 787,300 Reserves, Unity Mining Signature Metals, Owere Mines, 620,000 Reserves,18%-owned 100% owned 1 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 2 Resource, 77%-owned Reserves, 50,000 oz production, 13% owned 1 Minera Nueva Vista’s Resources are based on the latest Media Release summary as of November 2013. New Reserve numbers will be update d at a later date when the updating of the 2011 NI43-101 Technical Report has been completed. 2 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 pending. December 2013 4
LionGold Project Pipeline - Progressing existing projects Company Project Resources 1 Reserves 1 Exploration Feasibility Development Production (ounces) (ounces) Ballarat 71,700 - Production 40-50,000 oz pa Castlemaine Goldfields 100% Exploration Castlemaine 686,000 - Infrastructure & mine development Minera Nueva Vista Amayapampa 1,787,000 2 737,300 Production 2015: 30,000 oz pa 100% 2018: 95,000 oz pa Scoping study Beaver Dam 950,000 - end 2013 Acadian Mining Fifteen Mile 383,000 - Production 100% potential 2017 Stream Scoping study Signature Metals Konongo 1,470,000 - completion end 2013 77% Brimestone Exploration Penny’s Find 52,300 - Resources 100% Citigold Corporation New operations management in place Charters Towers 2,120,400 111,600 18% Production 50,000 oz pa 121,000 Henty 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 3 15% Figures are extracted from previous JORC- and NI43-101-compliant announcements. 1 Resources include Reserves and represent LionGold’s equitable/controlling stake in gold projects. For Citigold Corporation, Resources and Reserves are based on LionGold’s 18% equitable holding of the Charters Towers Project’s gold Resources. 2 Minera Nueva Vista’s Resources are based on the latest Media Release summary as of November 2013. New Reserve numbers will be updated at a later date when the updating of the 2011 NI43-101 Technical Report has been completed. 3 A further acquisition of 5% of A1’s share capital is pending. Production figures represent annualised targets. December 2013 5
Group Structure - As at December 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. December 2013 6
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