motogoldmines.com february 2007. motogoldmines.com february 2007 the statements made in this...

motogoldmines.comFebruary 2007


The statements made in this presentation which are not historical facts contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this presentation pertains. The actual results of the specific items described in this presentation, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this presentation, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company.

Such risks and uncertainties are described in periodic filings made by Moto Gold Mines Ltd. with Australian and Canadian Securities regulators and authorities. The company disclaims any obligation to update information contained in any forward-looking statement.

Forward Looking StatementsForward Looking Statements


One of Africa’s largest new gold projects

World Class with 6.2 Moz Ind. & 12.4 Moz Inf. Resources

Bankable Feasibility well advanced

Underground scoping study commenced

TSX & AIM listed Canadian company with ~C$55m cash

Strong board and management team

Project provides long term, sustainable benefits for DRC

OVERVIEWOVERVIEW


DIRECTORSDIRECTORS

Sir Sam Jonah (Chairman) - Former CEO of AnglogoldAshanti

Klaus Eckhof (CEO) – Geologist with extensive int. experience

David Hodgson (Non-exec) – Former COO of AnglogoldAshanti

Walter Kansteiner (Non-exec) – Former rep. of the US President to G8 Africa

Process and Director African Affairs on the National Security Council

Dr Jeff O’Leary (Non-exec) – Former Executive Director of HSBC

Sean Harvey (Non-exec) – Former BMO corporate finance & CEO TVX

Mark Arnesen (FD) – Extensive finance & corporate experience with Ashanti

Andrew Dinning (COO) – Former senior operations mgmt in WMC Gold Div.


MANAGEMENTMANAGEMENT

Louis Watum – GM DRC Operations, ex AGA Ops Mgr, Yatela, Mali

Alfred Lodi Lunga – Project Met Manager, Ex AGA plant manager, SA

Jack Hamilton – Exploration Manager, extensive African experience

Tony Cronin – Finance Manager, ex Barrick, Tulawaka, Tanzania

Brad Marwood – BFS Study Manager, extensive project experience

Patrick Mbaya – Environmental and civil engineer

Will Thompson – Social and community development


DEVELOPMENT FOCUSDEVELOPMENT FOCUS

Activities are focusing on: 1. Bringing current Resource base into production

↳ Bankable Feasibility Study well advanced - due mid year

↳ Underground scoping study anticipated by end May 2007

↳ Infrastructure reconstruction work commenced

2. Enhancing current Resources

↳ Extension drilling of primary ore bodies

↳ Targeting new high grade zones

↳ Exploratory drilling of prospective localised targets

3. Continuing regional geochem and exploration programs


Situated in the Haut-Congo province, in the NE of DR Congo

Accessible by air fromKinshasa via Beni or Goma and from Entebbe

Accessible by road from Uganda (<200km) for fuel supply and logistics

LOCATIONLOCATION


Licence Area covers ~ 2,350 km2

Moto Goldmines 60%, Orgaman 10%, Okimo 30% (non-dilutable)

NOVEMBER 2006 AGREEMENTNOVEMBER 2006 AGREEMENT

Llicence Area(2,350 km2)

Agreement points:

Interests held through Joint Venture company

Arrangement simplified with one agreement covering JV area

One off payment $5m + $350k/mth until production commencement

$21m Okimo debt transferred to production company & repaid at priority

Implementing documents being prepared


EXPLORATIONEXPLORATION

250,000m drilling completed to date

90,000m of drilling in 2006 and same planned for 2007

6.16 Moz Indicated & 12.37 Moz Inferred Resource

Inferred to indicated resource conversion continues at around 100%

Resources & exploration procedures independently verified by Snowden Consulting who consider the;

resources as modeled are an appropriate reflection of resource

Moto resource to be a large scale and robust mineralised zone with potential for significant additions

QAQC programme followed standard industry practices


CONCESSION GEOLOGYCONCESSION GEOLOGY

Ore host developed in a Volcano-sedimentary sequence

Moto deposits reminiscent of deposits like Morila, Murantau, Goldstrike and Carlin

Shallow plunging, pipe like ore shoots with excellent down plunge continuity

Deposits contain high grade - past output includes:

0.6m oz @ 39g/t Au from Agarabo

1.2m oz @ 22g/t Au from Gorumbwa


PRINCIPAL DEPOSITSPRINCIPAL DEPOSITS

Indicated Inferred

Mt g/t Moz Mt g/t Moz

Karagba 6.23 2.6 0.523 21.13 3.2 2.142

Chauffeur 21.88 3.4 2.407 34.91 5.8 6.533

Gorumbwa 8.29 5.2 1.374

Pakaka 16.13 2.7 1.414

Mengu Hill 6.26 3.5 0.699 0.15 2.5 0.012

Total 50.50 3.1 5.043 64.48 4.9 10.061

Balance 14.99 1.120 32.74 2.304

Total 65.49 2.9 6.163 97.22 4.0 12.365


DOKO SITEDOKO SITE

Fully established permanent site

250+ Congolese employed at all levels of the operations

Management predominantly Congolese

Clinic, birthing centre and dispensary opened in May 2006

Local roads and Kibali and Nsurur bridges repaired

Community consultation process commenced

Environmental and social baseline work commenced


DOKO SITEDOKO SITE


PRE-FEASIBILITY STUDYPRE-FEASIBILITY STUDY

Study base parameters & assumptions

↳ 3 Million tonnes per annum design through put from 6 pits

↳Open pit mining reserve of 2.8moz → 25.6mt ore at 3.4g/t

↳Nominal production rate of 290,000 ounces per year

↳ Indicated Resources only ➟ 10.8moz inferred not included

↳ Expected cash costs average $US 274 per ounce gold

↳Mine, plant and infrastructure start up capex US$296m

↳ Approximate 3 year pay back at US$600oz


PROJECT DEVELOPMENTPROJECT DEVELOPMENT

Project Targets & Milestones

Underground scoping study completed mid Q2 2007

Bankable Study completed by mid 2007

Board approval & secure long lead items H2 2007

Construction pre-development by EOY 2007

Project finance & full construction early 2008

Commence production at 3 – 3.5Mt year end 2009

2010 undertake full feasibility for stage 2 & UG expansion

* Assumes no material delays due to external factors outside Moto’s control


CHAUFFEUR OZ VERTICAL METRE (4g CHAUFFEUR OZ VERTICAL METRE (4g cut)cut)

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000

10

50

90

130

170

210

250

290

330

370

410

450

490

530

570

610

OPEN PIT

UG


2.7km

650 m

?

?

KaragbaChauffeur

Sessenge

New Drilling

SESSENGE/CHAUFFEUR/KARAGBA SESSENGE/CHAUFFEUR/KARAGBA UPSIDEUPSIDE

60M @ 14.7g/t

38M @ 6.7g/t

40M @ 10.5g/t


LONG TERM POTENTIALLONG TERM POTENTIAL


CAPITAL STRUCTURECAPITAL STRUCTURE

Shares on issue 60.7 million (TSX)Options & Warrants on issue 11.9 million (TSX)Liquid Assets ~C$55MShare price (recent range) C$4.50 - C$8.00

Quoted on:Toronto Stock Exchange Code: MGLLondon AIM Code: MOEFrankfurt Code: WKN A0ET6T


SUMMARYSUMMARY

Substantial gold camp & one of Africa’s largest gold projects

Strong board and management to support development

2.81 Moz of Probable Reserves

6.16 Moz Indicated & 12.37 Moz Inferred Resource

BFS on schedule and will enhance Pre-Feasibility economics

Underground potential being defined

Initial output 290,000 oz pa with significant ramp up potential

~ C$55M in cash


Moto Goldmines Limited

www.motogoldmines.com

Tel: +618 9240 1377

Fax: +618 9240 2406

[email protected]

30 Ledgar Road, Balcatta

Western Australia 6914

motogoldmines.com february 2007. motogoldmines.com february 2007 the statements made in this...

Documents

canadian company

drc overview slide

community development

ex aga plant manager

companys operations

management team project

ex barrick

resources bankable feasibility