llave oro presentation jul. 2012

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A Premier Gold Explorer in Colombia Q3 2012

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Page 1: Llave oro presentation jul. 2012

A Premier Gold Explorer in Colombia

Q3 2012

Page 2: Llave oro presentation jul. 2012

[ 2 ] Forward Looking Statement

The following information may contain forward–looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Llave Oro’s actual results, level of activity, performance or achievements to be materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the historical resource estimates, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic condition or financial markets, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relation matters

Page 3: Llave oro presentation jul. 2012

[ 3 ] Llave Oro Value Creation

• Highly experienced management team assembled in Colombia and Canada to review, acquire and develop gold assets

• A premier Colombian-based team with a track record of significant exploration success

• Identified, assembled, negotiated and advanced exploration on Continental Gold’s (TSX: CNL) key assets

• Strong relationships throughout Colombia, with a collective 70 years working experience in the country

• Advancing the public listing process

Pre-IPO

Financing $3.4M @ $0.20

Shares

Outstanding 28,709,850

Fully Diluted 40,009,881

Warrants 8,500,000 @ $0.30

Options 2,800,031 @ $0.20

• A strong Board with extensive experience building companies and creating shareholder value in the capital markets

• Utilizing international experience to lead the formation of Canadian Chamber of Commerce Mining Task Force in Colombia with the support of the Canadian Embassy

Page 4: Llave oro presentation jul. 2012

[ 4 ] Management Team

MICHAEL SMITH, R.G., President

Geologist with significant international mining operations experience. Served as Chief Mine Geologist for Barrick Gold Corp. at the Gold Strike Mine in Nevada. Subsequently became General Manager of Exploration and Development for Barrick Gold in South America

BALMER ECHEVERRI, VP Exploration

Geological engineer with Masters degree in Economic Geology, 10+ years mining experience mainly in Colombia. Former Country Manager at Barrick Gold in Colombia ADRIANA GONZALEZ, General Manager

Significant mining company experience in Colombia; a mining engineer with a Master’s degree in Environmental Management, 20+ years experience regulatory affairs, former Concession and Environmental Manager, Colombia with Continental Gold MARTA TOBÓN, Corporate Social Responsibility

Responsible for Corporative Social Responsibility programs. Experience includes Continental Gold and Alcaldia de Medellín

Page 5: Llave oro presentation jul. 2012

[ 5 ] Board of Directors

JOHN CARLESSO, Executive Chairman

The founder of Cervello Capital Inc., a private merchant bank based in Toronto; has over 15 years of international business experience; Executive Chairman of Oremex Silver Inc. and Oremex Gold Inc and founder of Mogul Ventures Corp. Has extensive experience in the junior mining sector – held the position of Vice President, Corporate Development at Desert Sun Mining Corp, a company acquired by Yamana Gold Inc. STEVEN KHAN, CFA, MBA, Director

Previously spent 20 years in all aspects of the investment industry including executive positions with both regional and national full-service Canadian investment brokerage houses. Current focus is on strategic corporate and business development as well as resource and venture capital financing

GORDON WYLIE, Director

Former AngloGold Ashanti VP Exploration, initiated AGS’s activities in Colombia, former Board Member Continental Gold, Director of Lydian International MARC BAMBER, Director

Mr. Bamber is a senior natural resources hedge fund management specialist with seven years’ experience at the UK-based, RAB Capital. He is very knowledgeable in the natural resources investment sector and possesses a deep understanding of the UK and European markets

Page 6: Llave oro presentation jul. 2012

[ 6 ] Why Colombia?

• Fifth largest economy in Latin America: GDP US$285 billion (IMF)

• Steadiest GDP growth in Latin America 1970 – 2007 (World Bank)

• Lowest avg. inflation in Latin America 1998 – 2008 (DANE)

• Second best business climate in Latin America (World Bank)

• Second best investor protection in Latin America (Forbes)

• Fourth largest market capitalization total in Latin America

• US$8.8 billion infrastructure investment through 2012

• Nominal corporate tax rate approximately 33%

Page 7: Llave oro presentation jul. 2012

[ 7 ] Foreign Investment in Colombia

Page 8: Llave oro presentation jul. 2012

[ 8 ] Major Mining & Exploration Projects

AREA

Total 1,141,748 km2

% Water 8,8%

Borders 6,004 km

POPULATION

Total 46,000,000

Density 38 hab/km2

Page 9: Llave oro presentation jul. 2012

[ 9 ] Projects Overview POPALES PROJECT

• Located 7 km from Continental Gold’s

inferred 2.5M oz. Au Buritica project*

• Artisanal mining inventory (ongoing)

• Geological mapping (completed)

• Vein mapping

• Rock geochemistry

• Ground Magnetic Survey (completed)

• Trenching (completed)

• NI 43-101 Technical Report

• Drill ready project

EL RAYO PROJECT

• Rock and soil geochemistry

(completed)

• Trenching

• Geological mapping (ongoing)

LLAVE ORO INC. PROPERTIES

*Continental Gold, Sept.15.11

news release‘ Continental Gold

Announces a Maiden Resource

for the Buritica Project, Colombia’

Page 10: Llave oro presentation jul. 2012

[ 10 ] Popales Project

• Located 150 km NW of Medellin in an emerging, high-grade district within the Cauca gold belt

• 7 km from Continental Gold’s inferred 2.5M oz. Au Buritica project

• Multiple gold bearing veins identified through preliminary exploration

• Identified 45 high-grade Buritica-like veins

• Veins from trace up to 68 g/t Au

• Altered rock between veins assayed up to not fold 13 g/t Au

• High grade vein and bulk mining potential

• Drill-ready project with the location of 7 drill-holes identified

Page 11: Llave oro presentation jul. 2012

[ 11 ] Regional Geology Popales

• Located in the prolific Cauca Belt

• 294 hectares, two blocks

• Large gold deposits in the belt include:

• Buritica (Continental Gold): inferred 2.5M oz. Au*

• La Colosa (AngloGold Ashanti): inferred 12.9 M oz. Au**

• Completed 288 line-meters of trenching

• 8m at 3.5 g/t Au

• 16m at 0.8 g/t Au, including 8m at 1.22 g/t Au

• 10m at 0.5 (g/t) Au

*Continental Gold, Sept.15.11 ‘Continental Gold Announces a Maiden Resource

for the Buritica Project, Colombia’ news release

** AngloGold Ashanti, May 6.08 ‘AngloGold Ashanti Announces Significant

Exploration Results at 100% owned La Colosa Project in Colombia’ news

release

Page 12: Llave oro presentation jul. 2012

[ 12 ] Popales Geochemistry

• Widespread mineralization indicates:

• large hydrothermal system and

• provides numerous drill targets

• Copper and silver mineralization is associated with gold mineralization

Map: Rock chip sampling Au g/t

Page 13: Llave oro presentation jul. 2012

[ 13 ] Popales Trenching and Proposed Drilling

• Numerous, high-grade veins up to 68g/t Au

• Many of the high-grade veins support artisanal mining

• Mineralized stockwork zones in wall rock indicate bulk mineable potential

• Completed trenches, exposing stockwork zones

• 4 trenches for a total of 288m line

• 100 chip-channel samples pending results

• Proposed drilling: 7 holes totalling 3,400m

Page 14: Llave oro presentation jul. 2012

[ 14 ] Popales Ground Mag

• Ground magnetic survey completed, 23.8 line-kilometers

• Gold mineralization associated with magnetic minerals

• Expected to provide additional drill targets

Page 15: Llave oro presentation jul. 2012

[ 15 ] Buritica & Popales Comparison

• Distribution and type of high-grade veins at Popales is very similar to Buritica

• Identified 45 high-grade Buritica-like veins

100 m.

ILLUSTRATIONS

Top: Popales Veins

Bottom: Buritica Veins

Page 16: Llave oro presentation jul. 2012

[ 16 ] Popales Images

One of many small mills at Popales Sample from high grade vein

• Agreement to acquire 90% for US$2.5M over a 24 month period

Page 17: Llave oro presentation jul. 2012

[ 17 ] El Rayo Project

Gold Anomalies

Potential Mineralized Trend

• Located ~55km NE of Medellin in the San Roque municipality

• One concession, 270 hectares

• Open cut exposes a shear zone roughly 11m wide, length appears to be 1+km

• Chip samples yielded from 4.2 g/t Au up to 16.6 g/t Au

• Alteration consists of silicification, propillitic and sericite zones within N 70 E trend of 50 m width

• This style of alteration is typically associated with gold deposits observed at B2/AngloGold Ashanti's near Gramalote deposit

• Lithological and alteration maps are being prepared

• Agreement to acquire 90% for US$2.2M

Page 18: Llave oro presentation jul. 2012

[ 18 ] El Rayo Regional Geology

• Located in the prolific Antioquia Batholith Belt

• Majors nearby: AngloGold Ashanti, Gramalote and B2Gold

Page 19: Llave oro presentation jul. 2012

[ 19 ] El Rayo Geochemistry

• Geochemistry of rock chip and soil samples indicate two mineralized zones:

• 200m by 50m of gold anomalies ranging from 0.1 g/t Au to 5.4 g/t Au

• 270m by 170m ranging from 0.1 g/t Au to 2.6 g/t Au

Page 20: Llave oro presentation jul. 2012

[ 20 ] El Rayo Geochemistry Los Barrera Zone

• Surface sampling showed significant anomalies of gold

• Results of 39 soil infill and 30m trenching sample results are pending

Page 21: Llave oro presentation jul. 2012

[ 21 ] Llave Oro Overview

• Early-stage investment opportunity

• Start-up level valuation

• Significant catalysts and activity during 2012

• Ongoing program

• Geological mapping and sampling

• Popales and El Rayo have multiple “drill-ready” targets

• Final stages of permitting

• Continued due diligence on additional project acquisitions

• Advancement of go–public process

• Best in class team with vast expertise in Colombia

• Still “early days” in Colombia

Page 22: Llave oro presentation jul. 2012

[ 22 ] Contact Information

P +1 416. 309.4325

F +1 416.364.3346

Bay Adelaide Centre

Suite 1200, 333 Bay St.

Toronto, ON

M5H 2R2 Canada

[email protected]

www.llaveoro.com