Gold Projects in West Africa Focused and Effective TSX.V: ABS - - PowerPoint PPT Presentation

Exploring & Developing

April, 2012

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Gold Projects in West Africa

Focused and Effective

TSX.V:ABS 1

TSX.V: ABS OTCQX:ABZUF | www.abzugold.com

FORWARD LOOKING AND CAUTIONARY STATEMENTS FORWARD LOOKING AND CAUTIONARY STATEMENTS

Certain statements contained in this document, including, without limitation, those concerning the economic outlook for the mining industry, expectations regarding metal prices and production, the completion and commencement of commercial operations of certain of Abzu Gold Ltd. (Abzu) projects, and its liquidity and capital resources and dit t i t i f d l ki t t t di Ab ’‚ i f d fi i l expenditure, contain certain forward-looking statements regarding Abzu’‚s economic performance and financial condition. Although Abzu believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ t i ll f th t t i th f d l ki t t t lt f th f t h i materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business initiatives, changes in the regulatory environment and other government actions, fluctuations in metal prices and exchange rates, and business and operational risk management. All investors are advised that mineral deposits on adjacent properties are not indicative of mineral deposits on our ti P t f i t f f t f d ll i t d t lt th i

• properties. Past performance is no guarantee of future performance and all investors are urged to consult their

investment professionals before making an investment decision. Investors are further cautioned that past performance is no guarantee of future performance The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this presentation, which has been prepared by management. There can be no assurance that any of the assumptions in the resource estimates will be supported by a Pre-feasibility or Feasibility Study or that any forward looking event will come to pass. The data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and investment. Abzu undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of the annual report. All subsequent written or oral forward-looking statements attributable to Abzu or any person acting on its behalf are qualified by the cautionary statements herein. www.abzugold.com 2 TSX.V:ABSOTCQX:ABZUF

Investment Highlights Investment Highlights

Exploring and developing gold properties in Ghana

Quality Locations

•‣ 2 Multi-million ounce flagship properties.

gold properties in Ghana

properties. •‣ 16 concessions in key locations. •‣ Drill – ready targets on all concessions. •‣ Excellent discovery opportunity.

Aggressive Exploration

•‣ Multiple programs underway. •‣ Focused, drill-intensive programs.

K R l ti hi Key Relationships

•‣ Working with traditional leaders.

Discovery Expertise

Nangodi gold

Discovery Expertise

•‣ Proven international discovery and development team.

www.abzugold.com 3 TSX.V:ABSOTCQX:ABZUF

Management Management

PaulKlipfel,Ph.D.,President

33 years of gold exploration leadership and project development in North America, South America, Australia, South Pacific, Africa, and Asia working for major and junior explorers. He has been a contributor to the discovery process on several major gold deposits Asia working for major and junior explorers. He has been a contributor to the discovery process on several major gold deposits including Las Cristinas, Venezuela (>12Moz); Musselwhite, Ontario, Canada (>5 Moz); Esaase, Ghana (>5 Moz); Livengood, Alaska, USA (>10 Moz).

AllanSerwa, CEO

Founder of Abzu and responsible for acquiring concessions in Ghana along with supervising their initial exploration. He has been living and working in Ghana since 2007 where he has brought about responsible corporate growth through alignment with Ghanaian traditional culture and their pride in the national gold industry. He is directly responsible for negotiating a Ghana/Canada iron ore project estimated over $4.6 B.

GordonNeal,Chairman

Over 25 years experience in providing corporate finance and corporate governance services to public companies. Currently VP Corporate Development at MAG Silver Corp. Previous advisor on corporate finance and investor relations to West Timmins Mining. He has raised more than $400 million for mining and resources companies since 2004.

JeffPontius, Director

O 30 l i l i h l d th di d d l t t f C i l C k D it i C l d hi h i Over 30 years geological experience, he led the discovery and development team for Cripple Creek Deposit in Colorado, which is

• perated by AngloGold Ashanti and now totals over 20 million ounces of gold. Founder of International Tower Hill Mines which in 2007

discovered the Livengood gold deposit in Alaska which now totals nearly 20 million ounces of gold and is proceeding to development.

MarkCruise,Ph.D.,Director

In excess of 18 years of global experience in the mineral exploration industry from grass roots exploration through resource definition In excess of 18 years of global experience in the mineral exploration industry from grassroots exploration through resource definition to production. Eight years employed by Anglo American PLC where he was responsible for the company's exploration portfolio in Europe and North America. Dr. Cruise is the President and CEO of Trevali Mining Corp. and is developing the Zinc, Lead & Silver Santander Mine in Peru and a director of Dorato Resources Ltd. www.abzugold.com 4 TSX.V:ABSOTCQX:ABZUF

Share Structure Share Structure

Exchange:Symbol TSX.V:ABS

( t A il 15 2012) (as atApril15,2012)

Issued& Outstanding 59,179,485 Options 5,250,000 Warrants 3,081,524

(15 Aug2012) $0.90 2,881,524 (30Nov2014) $0.60 200,000

FullyDiluted 61,511,009 Management Ownership 15% ManagementOwnership 15% InstitutionalandClosely Held ~68% MarketCap@$0.25 $18M $

www.abzugold.com

Treasury CDN$1.0M

5 TSX.V:ABSOTCQX:ABZUF

Why Ghana? Why Ghana?

•‣ Over 50M new ounces of gold discovered in the last 10 years. •‣ High discovery potential. High discovery potential. •‣ Strong mining culture. St bl li t •‣ Stable parliamentary government. •‣ Strong legal and minerals g g title system.

www.abzugold.com 6 TSX.V:ABSOTCQX:ABZUF

Abzu in Ghana Abzu in Ghana

Abzu is a junior gold exploration and development company

Abzu has:

and development company.

•‣ 2 Multi-million ounce flagship properties;

–— Nangodi –— 1.2 km drill-tested gold zone. –— Asafo –— 1,000m x 600m gold zone.

•‣ Drill-ready targets at 14 other concessions.

–— 6 x 1km linear soil anomaly (Abofour). Aircore intercepts up to 4m @ 5 87 g/t Au; –— Aircore intercepts up to 4m @ 5.87 g/t Au; ABAC142 (Abofour) –— Trench intercepts up to 21m @ 3.71 g/t Au (Amuando Praso). RC intercepts p to 10m @ 8 8 g/t A

7 www.abzugold.com

–— RC intercepts up to 10m @ 8.8 g/t Au; KYRC075 (Kwahu Oda)

TSX.V:ABSOTCQX:ABZUF

Nangodi Gold Deposit Nangodi Gold Deposit

•‣ Emerging >100km gold-bearing belt with characteristics similar to the Ashanti Belt. 1930’‚ hi h d d ti d 26 •‣ 1930’‚s high-grade production averaged 26 g/t from +25K tons. •‣ Multiple quality targets along Nangodi Shear Zone; also Youga Gold Mine in Burkina Faso. •‣ Nangodi and Yameriga concessions are a 51% JV with Red Back/Kinross.

Nangodi gold

8 www.abzugold.com TSX.V:ABSOTCQX:ABZUF

Nangodi Gold Deposit Nangodi Gold Deposit

MultiMillionOunceGoldZone

•‣ 1.2kmx60mx200+mdrilltested

Africwest data provided by Red Back Mining Ghana Ltd.

•‣ 27Abzuholes;31Africwest holes. •‣ Highgradezone. •‣ Goldassociatedwithsheared quartzfeldsparporphyry.

9 TSX.V:ABSOTCQX:ABZUF www.abzugold.com

2012 Nangodi Work Program 2012 Nangodi Work Program

•‣ Advance Nangodi discovery:

–— Q1, 2012 - Ground geophysics. –— Q1, 2012 - Surface sampling and trenching. –— Ongoing geological mapping. –— Q2, 2012 - phase 2 step-out drilling 5,000 m (~30 holes 150-

200 ) 200m).

–— Drill to determine viability of multi-million ounce resource. Q3 Q4 2012 Undertake –— Q3-Q4, 2012 - Undertake resource evaluation.

www.abzugold.com 10 TSX.V:ABSOTCQX:ABZUF

Nangodi Setting Nangodi Setting

Old Nangodi Shaft Gold-bearing Nangodi stockwork in o/c g Nangodi Shaft g Shear zone vein breccia NGDD001, 89-90m 3.95 g/t gold Vein

StraightForwardDevelopmentProject

11 www.abzugold.com

Explorationfriendlylandscape;littleornosaprolite

TSX.V:ABSOTCQX:ABZUF

Asafo - Kibi Gold Belt Asafo - Kibi Gold Belt

•‣ 152km2 alongtheeasternmarginof Kibi Belt;100%holding. •‣ Newmont2003drillingandsurface samplingreturnednumerous mineralizedintercepts,including; /

• 10m@1g/tAu.
• 1m@32g/tAu.

•‣ 2011completedwork:

• Aerialgeophysicalsurvey.

12 g p y y

• Surfacesamplingprogram.
• 13hole2,179mdiamonddrill

program.

www.abzugold.com 12 TSX.V:ABSOTCQX:ABZUF

Asafo Gold Targets Asafo Gold Targets

Multi-Million Ounce Gold Potential

•‣ New discovery at Target 1.

–— 20m @ 4 72 g/t gold (ASDD008) 20m @ 4.72 g/t gold (ASDD008)

•‣ 1,100 x 600m gold zone discovered on first of 3 target areas. •‣ 3 new targets with coincident surface li d ti f t d anomalies and magnetic features and soil anomalies.

T1 T2 T3

13 www.abzugold.com

Magnetic Map

TSX.V:ABSOTCQX:ABZUF

Asafo Gold Discovery Asafo Gold Discovery

•‣ 13diamondcoreholes, 2,179metres

Phase1DrillResults

HIGHLIGHTS •‣ 20m@4.72g/tgold

(ASDD008)

/ •‣ 9m@1.5g/tgold

(ASDD001)

•‣ 30%ofsoilanomaly t t d tested

Visible gold in ASDD08, 42.4 – 43.5; 62.2 g/t gold

Asafo

www.abzugold.com 14

Asafo Magnetics

Quartz-tourmaline breccia vn

TSX.V:ABSOTCQX:ABZUF

2012 Asafo Work Program 2012 Asafo Work Program

•‣ Advance Asafo discovery:

–— Q2, 2012 –— >1000m trenching and surface sampling –— Q3, 2012 - Drill 4,000 m (strike continuity and step-

• ut).

–— Drill to determine multi-million

• unce resource viability
• unce resource viability.

–— Further test >60ppb soil anomaly area to expand area

• f known mineralization.

•‣ Advance other targets in project pipeline.

500m

project pipeline.

www.abzugold.com 15 500m TSX.V:ABSOTCQX:ABZUF

Abzu Project Pipeline Abzu Project Pipeline

Akyem Area – Ashanti Gold Belt

•‣ 5 JV concessions and 2 100%-held 5 JV concessions and 2 100% held concessions with multiple, drill-ready targets.

• Past drill intercepts: up to 10m @ 8.8 g/t

Au; KYRC075 (Kwahu Oda). ( )

• Multiple surface anomaly targets:

trench intercepts up to 21m @ 3.71 g/t gold (Amuanda Praso).

Asankrangwa Gold Belt

•‣ 3 - 100%-held concessions on gold- bearing structures and contiguous with Keegan’s Esaase deposit. •‣ Extensive surface anomalies: 5 x 3 km

@50ppb gold (Golden Reef).

Sefwi Gold Belt

•‣ 4 JV concessions along strike from Bibiani and Ahafo Mines. •‣ Drill-ready targets: Aircore intercepts up to

4m @ 5.87 g/t Au; ABAC142 (Abofour). www.abzugold.com 16 TSX.V:ABSOTCQX:ABZUF

Key Abzu Relationships Key Abzu Relationships

Otumfuo Osei Tutu II, King of Asante greets Gordon Neal, Chairman. February

2011

• E. Ababio - Abzu’‚s Ghanaian partner at

the opening of the new Emmaland Minerals Centre and Abzu’‚s Office.

December 2011

Nangodi Chief, Joseph Asaga www.abzugold.com Paramount Chief, Manso Nkwanta, Nana Bi-Kusi Appiah II with Dr. Paul Klipfel,

• President. July, 2010

17 Chief Ababio signs U&N License with Allan Serwa, CEO. December,

2010

g with Dr. Paul Klipfel, President.

July, 2010

TSX.V:ABSOTCQX:ABZUF

Milestones for 2012 Milestones for 2012

•‣ Complete 10,000 metres of drilling:

–— ~5,000m at Nangodi. –— ~4,000m at Asafo. ~1 000m on new target –— ~1,000m on new target.

•‣ Establish a multi-million oz resource estimate in Q3-Q4, 2012 (Nangodi) 2012 (Nangodi). •‣ Complete work programs and advance targets on pipeline properties properties. •‣ One new discovery.

www.abzugold.com 18 TSX.V:ABSOTCQX:ABZUF

Investment Highlights Investment Highlights

Exploring and developing gold properties in Ghana

Quality Locations

•‣ 2 Multi-million ounce flagship properties.

gold properties in Ghana

properties. •‣ 16 concessions in key locations. •‣ Drill – ready targets on all concessions. •‣ Excellent discovery opportunity.

Aggressive Exploration

•‣ Multiple programs underway. •‣ Focused drill-intensive programs

K R l ti hi Key Relationships

•‣ Working with traditional leaders.

Discovery Expertise

Nangodi gold

Discovery Expertise

•‣ Proven international discovery and development team.

www.abzugold.com 19 TSX.V:ABSOTCQX:ABZUF

Thank You

Nangodi gold

St t d f lt !

Nangodi gold

Stay tuned for more results!

TSX.V:ABS 20 www.abzugold.com 20 TSX.V:ABSOTCQX:ABZUF

CONTACT INFORMATION

VancouverOffice Suite 1920–— 1188WestGeorgiaSt Vancouver BC V6E 4A2 GhanaOffice 57Lapaz MainRoad PO Box MS114 Achimota Accra Vancouver,BC,V6E4A2 6046383288 P.O.BoxMS114,Achimota Accra Tel:+233302416891 Fax:+233302416804 Corporate & Investor Communications Corporate &InvestorCommunications QuentinMai 6046385622 qmai@abzugold.com

www.abzugold.com 21 TSX.V:ABSOTCQX:ABZUF