High-grade Gold Production Development in Colombia PDAC, March 2016 - PowerPoint PPT Presentation

High-grade Gold Production Development in Colombia PDAC, March 2016

DISCLAIMER This presentation may contain forward-looking events or performance are not statements of statements concerning the Company’s plans for historical fact and may be “forward -looking statements”. Should one or more of these risks its properties, operations and other matters. These statements refer to analyses and other and uncertainties materialize, or should information that are based on forecasts of future underlying assumptions prove incorrect, actual results, estimates of amounts not yet results may vary materially from those described determinable and assumptions of management. in forward-looking statements. Forward-looking statements are made based on management’s Statements concerning reserves and mineral resource estimates may also be deemed to be beliefs, estimates and opinions on the date the forward-looking statements to the extent that statements are made and the Company they involve estimates of the mineralization that undertakes no obligation to update forward- will be encountered if the property is developed looking statements if these beliefs, estimates and in the case of mineral reserves, such and opinions or other circumstances change. statements reflect the conclusion based on Investors are cautioned against attributing undue certain assumptions that the mineral deposit can certainty to forward-looking statements. Some be economically exploited. Any statements that information provided is of a confidential nature express or involve discussions with respect to and cannot be divulged or used for gain until it is predictions, expectations, beliefs, plans, made public.13 projections, objectives, assumptions or future TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Cisneros location Santa Rosa Red Eagle Cisneros Gramalote Antioquia Gold Anglo/B2Gold Medellin • Paved highway, <2 hours from Medellin • Good infrastructure including power, water and gas • Proximity to other notable gold projects TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Board of Directors Felipe Ferraro Clever Schrader Director and Chairman of the Board Director • B.Sc in agricultural engineering and MA in business • Seasoned professional with forty years of experience in administration from the University ESAN-Stanford University underground gold mine exploration and operations in Peru • Experience in industries including mining, enterprise, metal- • Currently Corporate Operations Manager for Consorcio working and heavy equipment Minero Horizonte. • General manager for Cori Puno that operates the 30,000 oz/y Au Untuca open-pit and underground mine in Peru (owned by Ernesto Bendezu Flores the principals of Consorcio Minero Horizonte) • Director of another TSXV-listed issuer Director • Lawyer in Peru with more than 20 years of mining experience James (Jim) Decker, P. Eng. • Legal manager for Consorcio Minero Horizonte Director and Vice President Investor Relations • B.Sc. in Mining Engineering from Queen's University Michael Cannock • More than 40 years in the mining business Director • President and principal partner of mining consulting firm Jim • Businessman with expertise in the hospitality and Decker & Associates with clients including Barrick, Kinross, Teck and Xstrata marketing sectors • Director of two other TSXV listed issuers • Director of hospitality at PI Fine Art in Toronto, Ontario TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Management Team • Felipe Ferraro Strong background in mining finance • Manager of Administration & Finance at Cori President and CEO, Director Puno, a CMH subsidiary • B.Sc in agricultural engineering and MA in business James (Jim) Decker, P. Eng. administration from the University ESAN-Stanford University Vice President Investor Relation, Director • Experience in industries including mining, enterprise, • B.Sc. in Mining Engineering from Queen's metal-working and heavy equipment University • General manager for Cori Puno that operates the • More than 40 years in the mining business 30,000 oz/y Au Untuca open-pit and underground • President and principal partner of mining mine in Peru (owned by the principals of Consorcio consulting firm Jim Decker & Associates with Minero Horizonte) clients including Barrick, Kinross, Teck and • Director of another TSXV-listed issuer Xstrata Rodger Roden • Director of two other TSXV listed issuers Chief Financial Officer • Chartered Accountant with more than 25 years of industry experience • Former VP Finance/CFO with public and private companies in a broad range of industries • Currently CFO to several public companies Alvaro Espinoza TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016 Executive Vice President

Key Players TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Background • History • 2007 – Private investor group acquired core Guayabito property • 2008 – Formed Antioquia Gold Inc. via reverse takeover • 2009 to present – project advancement • Acquisitions • Guayabito • La Manuela • Pacho Luis • Santo Domingo • Guayabito Sur • Exploration • Mapping/Sampling/Geochemistry/Geophysics • 45,000 m diamond drilling • NI 43-101 Resource Report • Development • Internal feasibility studies • Production decision for initial annual operation of 30,000 oz Au • Currently in underground development stage • Production • Scheduled for year end 2016 or Q1 2017 TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Acquisitions 8 TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Initial Mining Areas Guayabito Guaico 9 TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Community Relations • Highlights • Communication Network • Employment of Locals • Reclamation • Input for EIA permitting • Financial Support for Community Projects • Census of Land Owners/Residents TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Resource Estimate TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Exploration Potential TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Mine Development • Mechanized underground mining with trackless equipment (30t trucks, 3.5m 3 scoops, jumbo drills) • 500 tpd mine and process plant; 250 tpd first 2 years, 500 tpd thereafter • 15,000 oz Au for first 2 years, increase to 30,000 oz Au/yr thereafter • Processing circuit with gravity, flotation and dry tailings filtration process • Dry tailings disposal/rock • Initial 5-7 year mine life Guaico Portal TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Mine Plan Mining % Cost Cut-off * Equipment Backfill Method Production US$/t (g Au/t) Mechanized 67% 13.87 2.55 Jumbo & 70% Waste Backfill 3.5 m 3 Scoop Cut and Fill 30% Hydraulic Backfill Cut and Fill 15% 21.31 2.84 Jackleg & 100% Hydraulic Backfill 1 m 3 Scoop with Special Equipment Shrinkage 18% 25.07 3.34 Jackleg 100% Waste Backfill Stoping Total 100% 2.70 TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

3.5 m 3 Cat Scoop TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Single Jumbo TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Explosives Magazine TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guaico Tunnel – February 21, 2016 TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guaico/Guayabito Tunnel Section View TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guaico Portal Area TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guaico Long Section Key  +1.0 g/t Au  0.1-1.0 g/t Au 43.7 g/t Au GCFW5 GCO Structure Structure TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guaico Vein – 1.5m TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guayabito Long Section C C’ Key B’ B  +1.0 g/t Au  0.1-1.0 g/t Au 31.3 g/t Au GYB2 El Bolo Structure Structure TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guayabito Plant & Infrastructure Layout Plant Site Guayabito Portal Shop Hydraulic Backfill Plant Warehouse Office/Dry Complex TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Guayabito Plant & Portal TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016

Mine Development Renders Guaico Guayabito TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016