Corporate Presentation TSX:KAM November, 2005 Introducing Kaminak - PDF document

Corporate Presentation TSX:KAM November, 2005

Introducing Kaminak Gold Corporation A new precious / base metal exploration company formed by combining the non-diamond rights from several properties owned by the Hunter Exploration Group with gold properties owned by Shear Minerals Ltd. Kaminak Gold Corporation will have complete and free access to proprietary data accumulated through previous diamond exploration programs on these properties, including over 71,000 line kilometers of airborne geophysics, 7,500 archived till samples, satellite imagery and GIS compilations.

Corporate Structure • Spin out of non-diamond rights from Shear Minerals Ltd. and acquisition of Hunter Exploration Group’s non-diamond assets SRM shareholders receive one share of Kaminak for every 5 shares • of SRM • Financing for $1.45 Million, including $1.16 Million hard dollars priced at $0.25 per share and $285K flow-thru dollars priced at $0.35 19,702,070 shares outstanding fully-diluted (post-financing). • • Largest share holder is Hunter Exploration Group (3,000,000 units) • Teck-Cominco Limited participation in financing

Share Structure Shares Issued: 19,702,073 Fully Diluted: 23,757,073 Working Capital: $800,000.00 Fully Diluted Working Capital: $3,000,00.00 Long Term Debt: NIL Warrants Outstanding: (Exp. 11/07) 3,000,000 @ $0.35 Options Outstanding: (Exp. 11/07) 157,800 @ $0.35 ***(Exp. 11/07) 897,200 @ $1.00 or $1.25 ***Priced @ $1.00 in 1 st year and @ $1.25 in 2 nd year.

A Distinct Advantage • One of the largest land position in Canada for precious and base metal exploration, including uranium (>15,000,000 acres). 10 projects capable of hosting “world class” mineral districts • • Leveraged exploration • Access to capital Track record of success •

A Unique Opportunity • Acquisition of high quality data covering prospective gold, base metal and uranium regions of Canada through innovative exploration agreements. • Total of >$23,000,000 in third party expenditures

Management • John Robins, P.Geo. President and Director Rob Carpenter, Ph.D., P.Geo. VP Exploration and Director • John Williamson, P. Geol. CFO and Director • • Pamela Strand, M.Sc., P.Geol. Director • Gerald Proselindis, Director

Exploration Strategy • Joint venture philosophy Focus on strategic commodities (gold, nickel, uranium) • Continue use of leveraged exploration agreements • • 2005 third party exploration expenditures of over $8,000,000 • Minimize our own expenditure commitments

Properties

Eastern Arctic Properties

Churchill Property

Churchill Property

Churchill Property • Largest land package devoted to gold and base metal exploration in Canada (>8.5 million acres). Target deposit types include: Au, Ni-Cu-PGE, Olympic Dam Cu- • Au-Fe-oxide and Unconformity Uranium. • Complete free access to data generated by ongoing diamond exploration including, 71,000 line km of Mag/EM, satellite imagery, GIS datasets and 9,300 archival till samples. • Known occurrences on ground include, Happy Lake (Au), Amarok (Au), MQ claims (Au) and Baker (U-Cu).

Churchill Property New airborne magnetics New till data Still to come…. 75m spaced airborne EM

Copper-Gold-Uranium Potential (IOCG)

Copper-Gold-Uranium Potential (IOCG)

Copper-Gold-Uranium Potential (IOCG) • Over 20 Uranium-Copper-Gold occurrences documented by Pan Ocean Oil (1969-1976) and Noranda Ltd (1978-1984). Many geological similarities with the Beaverlodge Uranium District, • located on the north rim of the Athabasca Basin, Saskatchewan. The Beaverlodge District produced over 31,000,000 kg’s of uranium from 1949 to 1982. The overall geological setting suggests a favourable environment for • the discovery of Iron-oxide-copper-gold deposits (IOCG). These criteria include; diatreme breccia hosted Cu-Au-U mineralization, presence of continental alkaline volcanic rocks, and pervasive hematite alteration zones.

Matrix and Sy Properties

Matrix and Sy Properties

Matrix Property • Newmont Mining Corp can earn up to 70% interest by spending $14 million in exploration. Target is “Witwatersrand- type” gold mineralization. • 2004 work program consisted of prospecting as well as tracing gold zones along strike and at depth using magnetics, radiometrics, electromagnetics and induced polarization. Expanded 2005 work program completed • by Newmont.

Matrix Property

SY Property 100% interest in minerals for core part of property (120,000 acres) and 50% • interest in minerals from peripheral portions of property (160,000 acres). Diamonds North Resources owns remaining 50% interest. • 1985-1987 explored by Homestake Development Corp. for BIF and non-BIF hosted gold targets. Over 50 km of favourable structures on property. • Homestake identified showings with up to 43.8 g/t Au and drilled several outcropping showings, however only 1% of belt is exposed. • Shares many geological similarities to Meliadine gold district (>5.0 Moz. Au) Project will benefit from data generated by ongoing diamond exploration, • namely regional till sampling and airborne magnetic surveys.

Sy Property Highly deformed BIF Mineralized BIF subcrop

IME Properties

IME Properties

IME Properties 100% non-diamond rights to >2 million acres of completely unexplored • Archean and Proterozoic rocks. • Free access to any data collected during the course of diamond exploration, including airborne geophysics and archived till samples. Target commodities include Au, Ni-Cu-PGE and U. • • 750 tills collected in 2005 (3km square grid) and 850 tills collected in 2004

North Slave Properties

North Slave Properties

North Slave Properties

Lach Property 100% interest of 110,000 acres straddling the Bathurst Fault Zone (>500km • strike length). Fault zones separate Archean sedimentary rocks from Proterozoic rocks. • Previous mapping by DIAND and Hunter Exploration recognized the gold potential of this fault and it’s associated splays. Assays up to 143.0 g/t Au obtained with significant Cu, Ag, Zn, Bi, Pb, Ni, Co associated with fault parallel quartz – carbonate veins. • Cogema Resources (1991-1993) reported that 110 of 650 samples assayed >1.0 g/t Au with a high of 76.7 g/t Au. Three drill holes (439.9m) returned 0.83 g/t Au over 3.5m). • 2005 prospecting resulted in the discovery of the Gela Lake gold Zone.

Lach Property

Bathurst, Needle, BR Properties BIF hosted gold prospects strategically located near the proposed Bathurst • Inlet Road and Port Project. Similar examples include, Lupin, George Lake and Goose Lake. • Bathurst Property: 15 known gold showings with highest grab sample assaying 167.8 g/t Au. Best drill result is 9.12 g/t Au over 2.85m. • Needle Property: Best drill intersections include, 9.46 g/t Au over 3.43m and 11.58 g/t Au over 2.02m and 3.42 g/t Au over 8.9m. • BR Property: Grab samples up to 16.0 g/t Au and chip samples up to 3.4 g/t Au over 3m. Over 30km of strike potential in BIF and sheared volcanic rocks.

Voigtberg Property, Northern B.C. Large gold in soil anomaly • 300m by 300m • Average gold grade from three holes (498 feet each) was 0.278 g/t Au, 0.293 g/t Au and 0.218 g/t Au respectively. The final 8 feet of the third hole intersected a high level intrusive porphyry and yielded 2.01 g/t Au. No follow-up drilling was done Chargeability anomaly never • tested

Nizi Property, Northern B.C. Large100% owned High- • grade epithermal vein hosted prospect, 80 km northeast of Dease Lake B.C. Sampling in 1971 returned values of 1.2 oz/t Au and 22.3 oz/t Ag over 1.5 meters. • Work in the early 1990’s by Gold Fields resulted in the discovery of quartz veins 1-2 meters wide that can persist for several hundred meters. Drill results of 5.68 g/t Au over 13.77m and 27.09 g/t Au plus 1220.6 g/t Ag over 2.0m.