[PPT] - HIGHWAY 50 GOLD CORP HWY TSX-V MARCH 2014 2300 - PowerPoint Presentation

SLIDE 1

HIGHWAY 50 GOLD CORP

HWY ¡– ¡TSX-‑V ¡

2300 ¡-‑ ¡1177 ¡West ¡Has.ngs ¡Street ¡ ¡T: ¡ ¡(604) ¡681-‑4462 ¡E: ¡ ¡info@highway50gold.com ¡ ¡ ¡ ¡ Vancouver, ¡BC ¡ ¡V6E ¡2K3 ¡ ¡F: ¡ ¡(604) ¡681-‑0180 ¡W: ¡ ¡www.highway50gold.com ¡ ¡ ¡ ¡ ¡

TSX-‑V: ¡HWY ¡ ¡

MARCH ¡2014 ¡

SLIDE 2

Forward-Looking Statement

Certain of the statements made in this presentation may contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities law. These forward-looking statements or information include, but are not limited to, statements or information with respect to financial disclosure, estimates of future production, the future price of gold, estimations of mineral reserves and resources, estimates of anticipated costs and expenditures, development and production timelines and goals and strategies. We have made numerous assumptions about the forward-looking statements and information contained herein, including among other things, assumptions about the price of gold, anticipated costs and expenditures and our ability to achieve our goals. Even though management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements or information will prove to be accurate. Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or

information. Such risks, uncertainties and other factors include, among others, the following: gold price volatility; discrepancies between actual and estimated

production, mineral reserves and resources and metallurgical recoveries; mining operational and development risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; currency fluctuations; speculative nature of gold exploration; global economic climate; dilution; share price volatility; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property. Should one or more of these risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements and information. Although we have attempted to identify factors that would cause actual actions, events or results to differ materially from those described in forward-looking statements and information, there may be other factors that cause actual results, performances, achievements or events to not be as anticipated, estimated or

intended. Also many of the factors are beyond our control. There can be no assurance that forward-looking statements or information will prove to be accurate,

as actual results and future events could differ materially from those anticipated in such statements. Accordingly the reader should not place undue reliance on forward-looking statements or information. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and reference is made to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada.. All forward-looking statements and information contained in this presentation are qualified by this cautionary statement.

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

2 ¡

SLIDE 3

Introduction – Management’s View

Geology of Nevada is extremely complex
There are lots of red herrings
The metal endowment is a function of this complexity
Major mineral gold districts in Nevada occur along deep seated crustal breaks
Discovery of the next major gold find in Nevada will likely come from a breakthrough in geologic

understanding

We have focused on refining our exploration strategy through insights gained over 25 years
Porter Canyon and Golden Brew targets are the culmination of these insights which started from a

bottom-up approach

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

3 ¡

SLIDE 4

What Events Led Us to Porter Canyon and Golden Brew

1988

White Knight Resources Ltd., managed by the Leasks, initiated a Nevada exploration program

1990

Placers’ Discovery of the Pipeline deposit (South Pipeline on the GAS claims, 5 million oz)

1998

Placers’ Pediment Discovery – recognition of its significance by the White Knight team led to aggressive land acquisition in the Cortez Trend

1998

Pediment is a lag-filled canyon shed off the Cortez Hills Deposit - 2 million oz @ 1 g/t hosted in Tertiary colluvium

Late 2002 Cortez Hills Discovery, 0.5 km north of Pediment under 200 metres of colluvial cover
2006

Announcement of lengthy high-grade intercepts at Cortez Hills > 1000 ft-oz

2007

Sale of White Knight to US Gold Corp. for $160 million

2008

Pipeline and South Pipeline production reaches 11 million oz; Cortez Hills 13.4 million oz proven and provable, 4 million oz measured and indicated plus 4 million oz inferred

2010

Former White Knight team refines exploration strategy and initiates new campaign in Nevada with Highway 50 Gold Corp. and acquires Golden Brew property

2011

Highway 50 Gold Corp. stakes Porter Canyon property on the western edge of the Quito Structural Window. March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

4 ¡

SLIDE 5

Refined Strategy

Bottom up approach - strong structural architecture on an accretive boundary with

strong cross-structure

Lower-plate structural window, preferably with a pedigree
Anchored by gold in outcrop
Thick sections of favorable host rock
Strong magmatic component, multiple age intrusive events and dikes
Under pediment – deposits likely oxidized

¡ March ¡2014 ¡ ¡ HWY ¡– ¡TSX-‑V ¡

5 ¡

SLIDE 6

Project Geologic Map

Highway 50 Gold’s Golden Brew and Porter

Canyon projects sit apart from the gold deposits of the Carlin & Cortez Trends

Golden Brew and Porter Canyon may be part of a

new, relatively unexplored district

“The third northwest-trending boundary is related to the western edge of the buried Precambrian continent in west-central Nevada, but lacks an associated mineral trend.” (Grauch et al,

2003)

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

6 ¡

SLIDE 7

Gold and Structural Boundaries

In north-central Nevada, gold deposits are interpreted

to be controlled by major buried regional structures acting as pathways for mineral rich hydrothermal fluids

Deep-seated density contrasts reflect persistent

crustal fault zones as indicated by magnetic anomalies including the Northern Nevada Rift [NNR] and Western Nevada Rift [WNR]

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

7 ¡

SLIDE 8

Volcanic Troughs

Fault-bounded volcano-tectonic centers, the

Caetano and Eastgate Troughs of Mid- Cenozoic age, are testament to a complex geological history as recently as 18 million years ago (first described by Burke & McKee, USGS, 1979)

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

8 ¡

SLIDE 9

Pipeline-Cortez-Pediment vs Porter Canyon Project

Important aspects of the geological setting in the

Pipeline-Cortez-Pediment area are mirrored in the Golden Brew/Porter Canyon area

Production & reserves in the Cortez district deposits

exceed 50 million oz of gold

The area at the Porter Canyon property is contiguous to

the former Quito mine (176,000 oz Au) and on strike with the Northumberland mine (3.2 million oz Au) which is located 20 km to the southeast along the west central boundary

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

9 ¡

SLIDE 10

Nevada Mineral Potential

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

10 ¡

Evidenced-based targets based on

prospectivity

Interestingly, Northumberland has a

larger known gold endowment than the Quito area but Northumberland ranks lower in prospectivity

After Milhalasky, 2001

SLIDE 11

Cortez Area Geological Setting

The Pipeline-Cortez goldfield is

controlled by intersecting deep- seated crustal faults at the eastern terminus of the Caetano Volcanic Trough and further influenced by granitic intrusives

Karst development is an

important part of the history of mineralization in the Cortez area

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

11 ¡

SLIDE 12

Bedrock Geology and Interpretation

Here again, structural uplift generates two

windows with gold systems at the corners of the Eastgate Volcanic Trough and accretive boundaries – controls recently recognized in the Cortez area

The key deep-seated structural mineral

controls observed at Cortez are repeated within the Quito Window

All of these features have led to high

exploration predictability in the Porter Canyon area to date

March ¡2014 ¡

12 ¡

HWY ¡– ¡TSX-‑V ¡

SLIDE 13

Golden Brew Joint Venture

The Company has recently entered into a 50/50 joint venture with Regulus

Resources Inc. (REG – TSX.V) on the Golden Brew property.

Regulus is led by a highly technical, successful group geoscientists and

financiers.

Regulus can earn a 50% interest in the project by expending a total of US$5.0

million on exploration over a five year period with a minimum US$500,000 firm commitment in the first year.

Drilling is planned for Q3 – 2014 on BLM Land with subsequent drilling on Forest

Land commencing as soon as the requisite permits are received.

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

13 ¡

SLIDE 14

Comparison – Cortez Area and Porter Canyon / Golden Brew

The similarity in geological setting of the Pipeline-

Cortez-Pediment area is easily compared to that

f the under-explored Porter Canyon and Golden

Brew properties

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

14 ¡

SLIDE 15

Porter Canyon Project

HWY ¡– ¡TSX-‑V ¡

15 ¡

Rock samples taken from surface, consisting
f alluvium-colluvium, returned economically

significant gold values and anomalous arsenic & antimony

Sample PC32 was taken from outcrop and

returned highly anomalous mercury in addition to significant silver and antimony March ¡2014 ¡

SLIDE 16

Pediment Deposit – an Economic Lag Deposit

What is a lag deposit? It is mineralized colluvium from a bedrock source. It may lie directly above
r be transported from its bedrock (lode) source
Pediment deposit - a lag deposit sourced from the high-grade Cortez Hills lode
Numerous other Carlin-type deposits have associated lag - Pipeline, Gap, Crossroads and Goldbar

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

16 ¡

SLIDE 17

Lag Discovery at Porter Canyon

Hole PCT-11-01 encountered anomalous gold, arsenic & antimony at its base
Only the bottom 200 feet (60 meters) was analyzed - hole did not reach bedrock
Calcium values are ten times background, suggesting the presence of a proximal oxidizing lode gold

deposit

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

17 ¡

SLIDE 18

Karst Breccia Features

Karst development is an important feature of the

gold metallogenesis in the Cortez district

Karst terrain and the various types of ensuing

brecciation enhance the flow of mineralizing fluid, provide sites hosting gold deposition and, more importantly, karsting is formed by pre-ore, syn-ore and post-ore fluid flow

A belt of karst development outcrops in some of

the calcarious rocks near the northeast corner of the Eastgate Volcanic Trough (Porter Canyon)

This karst belt is on strike with the Quito Mine,

the Antimony King auriferous occurrence, Highway 50 Gold’s anomalous rock samples and drill hole PCT-11-01

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

18 ¡

SLIDE 19

What’s Next?

Follow up the anomalous gold in the bottom of hole PCT-11-01 with a pattern of reverse circulation

holes in 2014

Current permitting comprises 20 sites

with a planned phase 2 program of 5,000 metres

Drill pattern covers area between

PCT-11-01 and recently discovered mineralized jasperoid outcrop and high concentration of gold mineralized float

Assay for gold in the lag over the

entire length of the hole(s) and anticipate possible vectors indicated by anomalous calcium, arsenic and antimony

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

19 ¡

SLIDE 20

Conclusions – Porter Canyon Target

All evidence points to Porter Canyon as a compelling exploration target:

Lag deposit gold and Carlin-type pathfinder elements occur in pediment section

(70ppb Au over 200 feet [60m]; up to 180ppb Au over 5 feet [1.5m]) and numerous float boulders (up to 3.7 g/t Au) on structural projection of karst structure extending from Quito Mine through the Antimony King Mine

Large dissolution structure with Carlin-type gold mineralization along projection of edge of Eastgate

Trough, closely analogous to the Cortez district

Multiple intrusive events focussed on the northwest corner of the Quito Window – Jurassic to

Tertiary age – coincident with northeast terminus of the Eastgate Trough

Edge of Battle Mountain Heat Flow Zone and intersection of the same deep-seated crustal

structures (West-Central Boundary and northern flank of the Eastgate Trough)

There are four locations in Nevada where the architecture controlling major gold districts is similar,

three of which have produced >20 million oz of gold. The remaining untested location is at Porter Canyon

March ¡2014 ¡ ¡ HWY ¡– ¡TSX-‑V ¡

20 ¡

SLIDE 21

Share Structure

Shares issued and outstanding Warrants: $0.60 to February 28, 2015 $0.45 to February 28, 2015 Options: $0.35 - $0.61 Fully diluted 26,697,570 7,051,525 128,100 1,850,000 35,727,195 Share price (Feb 28, 2014) Market capitalization – issued and outstanding $0.43 $11.5 million Working capital $2.7 million

Balance sheet items as of Feb 28, 2014 Canadian dollars

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

21 ¡

SLIDE 22

Key Personnel

Gordon P. Leask, P. Eng. – President, CEO and Director

Mr. Leask has a Bachelor of Applied Science degree in geological engineering from the University of British Columbia and

is a Professional Engineer. He has served as Director of Goldrock Mines Corp. since 1991 and has over 30 years experience in the exploration and mining business. Together with John Leask, he was responsible for the sale of White Knight Resources Ltd. to US Gold Corp. in 2007 for $150 million.

John M. Leask, P. Eng. – Director

Mr. Leask has a Bachelor of Applied Science degree in geological engineering from the University of British Columbia and

is a Professional Engineer. He has served as a director of Goldrock Mines Corp. since June 1998. Mr. Leask has over 35 years experience in the exploration and mining business at multiple levels.

Megan Cameron-Jones – Director and Corporate Secretary

Ms. Cameron-Jones has over 25 years of experience in providing regulatory and management services to public
companies. She has been a director of Goldrock Mines Corp. since 1996 and has been a director and officer of several
ther Exchange listed companies.

March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

22 ¡

SLIDE 23

Cautionary Statements

This presentation has been prepared by Highway 50 Gold Corp. (the “Company”). Information included in this presentation regarding the Company’s mineral property has been compiled and reviewed by Gordon P. Leask, P. Eng., the President and Chief Executive Officer of the Company, and a non-independent Qualified Person for purposes of National Instrument 43-101 – “Standards of Disclosure for Mineral Projects” (“NI 43-101”). For more detailed information regarding the Company and its mineral properties, you should refer to the Company’s filings with the Canadian securities regulators which are available at www.sedar.com. Although information used in this presentation is believed to be accurate at the time of writing, it may not be accurate when read. For current information please contact the Company. Access to this presentation is provided on the condition that any use of the presentation is at the risk of the user, and the Company and its officers shall in no event be liable in any way for any damages, claims, losses, or liabilities whatsoever arising from or related to the use of this presentation. This presentation is not to be construed as an offer to sell, or a solicitation of an offer to buy securities of the Company. An offer to sell, or a solicitation of an offer to buy securities of the Company can only be made by a broker registered in all jurisdictions in which such an offer is being made and only if such offer is otherwise made in accordance with all applicable securities laws, regulations, and rules of any kind whatsoever. March ¡2014 ¡ HWY ¡– ¡TSX-‑V ¡

23 ¡