Investor Presentation May 2010 Disclaimer mer This presentation - - PowerPoint PPT Presentation

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Investor Presentation May 2010 Disclaimer mer This presentation - - PowerPoint PPT Presentation

Version 3.1 Investor Presentation May 2010 Disclaimer mer This presentation may contain forwardlooking statements concerning the Companys plans for its properties, operations and other matters. These statements refer to analyses and


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SLIDE 1

Investor Presentation

May 2010

Version 3.1

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SLIDE 2

Disclaimer mer

This presentation may contain forward‐looking statements concerning the Company’s plans for its properties, operations and other matters. These statements refer to analyses and other information that are based on forecasts

  • f future results, estimates of amounts not yet determinable and assumptions
  • f management. Statements concerning reserves and mineral resource

estimates may also be deemed to be forward‐looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward‐looking statements”. Should

  • ne 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. Forward‐looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward‐looking statements if these beliefs, estimates and opinions or other circumstances change. Investors are cautioned against attributing undue certainty to forward‐looking statements.

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SLIDE 3

Capital aliza ization ion Summary ry

Share Price C$ 0.30 Market Cap: C$ 20 mil 52–week range C$ 0.69–0.09 Cash Position: $1.0 mil Warrants/Options $ 6.2 mil Management/Board ~ 25%

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Shares outstanding 64.6 mil Warrants 12.5 mil Options 5.5 mil Fully Diluted 82.6 mil

as of May 1, 2010

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SLIDE 4

Management ement

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Richard A. Thibault, P. Eng., Directo tor, President t and CEO

  • Over 32 years of engineering, operations, management and

consulting experience in North and South America

  • Held senior executive positions for several junior

exploration and mining companies in Latin America

  • Director Argentex Mining Corporation

Brad Van Den Bussche, P. Geo, Directo tor & VP Explorati tion

  • Over 25 years in both the mining and energy business
  • Worked mainly as a geologist, project manager, and an

executive focusing on exploration and new business development

  • Concentrated on technical evaluation and project

management for the resource industry

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SLIDE 5

Management ement cont’d

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Robert rt James, s, C.M.A., Chief Fina nanc ncial Officer

  • Over 30 years of experience
  • Director, Officer, Chief Executive Officer and CFO of

various TSX-V listed companies & private companies

  • Participated in many financings, re-financings,

acquisitions, divestitures, mergers and re-organizations

Germa man n Guerrero rero, Genera ral Manager, ger, Colombia Operations ns

  • Over 17 years of experience in Colombian Mining Industry
  • In public sector with SENA, Ministry of Mines and

Ingeominas

  • In private sector Ingenieria y Gestion del Territorio S.A.
  • A mining engineer specialized in Economic Evaluations of

mining projects

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SLIDE 6

Directo tors rs

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  • J. H. (Jim) Decker,

, Chairman, , Mining Engineer (President, Jim Decker & Associates Inc.) Greg Harris s – Lawyer (Securities Specialist) John Morgan gan – Geologist (President, Infinito Gold) Brian an Murray ay – CA (Chairman, Nebu Resources) Rick Thibau ault t – Mining Engineer (President & CEO, Antioquia Gold) Brad d Van Den Bussc sche – Geologist (VP Exploration, Antioquia Gold)

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SLIDE 7

About ut Antioqu quia ia Gold

  • Manage

gemen ment experience in mine exploration and development including Colombia

  • Focus on mineral opportunities in Colombia,

especially gold, since 2007

  • Flagsh

gship: p: Cisneros Property 80 km northeast, on paved highway, from Medellin, a city of 3 million

  • Contr

trol a total land package of +37,000 hectares

  • IGTER: renowned Colombian geology and

mining consultants

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SLIDE 8

Milestone nes s since inception

Sept. 2007

Acquired Guayabito Property

Oct. 2007

Assembled Senior Management Team

Nov. 2007

Compiled NI 43-101 Property of Merit

Jan. 2008

Commenced Exploration of Cisneros Project

Mar. 2008

Completed RTO & Name Change AM-VES/HIAM

Aug. 2008

Listed August 2008 on TSX-V: AGD

Sept. 2008

Established Base in Medellin

July 2009

Added Key Lands at Cisneros

Sept 2009

Purchased IGTER

Oct. 2009

Initial Drilling Program

Dec. 2009

Gained Access to Large Land Package

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SLIDE 9

Colombia bia

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SLIDE 10

Colombi mbia

  • Most prolific gold producer in S.A.
  • Under-explored
  • High potential for new discoveries
  • Stable democratic government
  • National security policy (FARC under control)
  • Attractive investment regulation
  • Attractive mining policy and Mining Code
  • Competitive human capital
  • Legal stability

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SLIDE 11

Depart artment ent Of Antioquia quia

  • Antioquia means “land of gold”
  • Antioquia’s mineral resources widely recognized
  • Main gold-mining producer of Colombia

(over 75% of yearly Colombian production)

  • Over last 50 years: over 16 million ounces produced

Mining ng Production in in Antioqui uia 2005 2005 – 2008 (in troy ounces) 2005 2006 2007 2008 Gold 716,597 344,831 367,015 835,871 Silver 140,307 174,578 229,952 205,554

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SLIDE 12

N

1 Km

Cisneros ros Propert rty

CISNEROS 2 Km

All earn-ins / purchase conditions fulfilled

Guayabito 178 ha, 100% interest, 2% NSR La Manuela 101 ha 100% interest Santo Domingo (JV) 5,243 ha, 90% interest Pacho Luis 104 ha 100% interest

Current nt Cisneros Land nd Package 5,625 ha

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SLIDE 13

Cisneros neros - Geologica ical l Settin ing

  • Antioquia Batholith

– Granitic/Granodioritic

  • Central Cordillera
  • Structurally Controlled

Mesothermal Lode Gold System

– Analogy to Red Lake, Bralorne

  • Extensive History of

Artisanal Mining

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SLIDE 14

Cisneros ros – Geology gy

  • Structu

turally Contr trolled d Miner eraliza zati tion

  • n
  • Gold

d Dominant t System tem

  • Inter

tersec ecti tion

  • ns

and Cluster tering g

  • f Structu

tures are Key

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SLIDE 15

Cisneros neros - Explo

lorat atio ion to Date

  • Mapping

ping: Regional & Detailed

  • Rock

k sample les: : 520

  • Soil

il sample les: 913

  • Trenching

ing: : 2.7 km

  • Stream

m sedime iment / panning: : 223

  • Artisanal

al Workings: : +60

  • Geoph

physic ical al Surveys: 13.2 km

  • Spent to Date:

: ~ US$5 Million

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SLIDE 16

2009 Drilling ng Program

Results ts

  • Confirmed majority of the mineral structures

at surface and in artisanal workings can be traced both laterally and vertically

  • New structures and extensive zones of

mineralization and alteration have been identified, particularly at depth.

  • Hit significant gold values in all the targeted

structures

30 holes 3,920 meters 2,218 samples es

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SLIDE 17

PC09-26 PC09-20

2009 Drilling Program ram Select ct Results ts

6.91 m

Average 15.73g/t

0.59m @ 162.66 g/t 11.67 m

Average 22.56 g/t

1.05 m @ 31.21 g/t Au 0.70 m @ 216.7 g/t Au

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SLIDE 18

Cisner eros- Drill Prospects

ts

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Drilling holes 2009 Drilling holes 2010 River Drainaje Paved road unpaved road Properties L5671005 L5671005 H7175B005 H7175005 T1498005 ILD-14271 El Limón La Quiebra El Picacho La Manuela Guayabito

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Guaya yabito Chapul ulin Manue uela Guaico - Nus

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SLIDE 19

2010 Drilling g Program

  • 10,000m core drilling program
  • Establish continuity of the key

mineralized structures identified at Guaico-Nus and Guayabito

  • Quantify size and gold potential
  • Structural delineation at depth
  • Test geophysical anomalies & photo

interpretation targets

  • Test new prospects identified in artisanal

workings and surface exploration

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SLIDE 20

2010 Drilling ng Program

  • First 20 drill holes (2015m) have

successfully intersected Guaico north- south structure and the Nus east-west structure.

  • Awaiting results and interpretation for

these holes, to put together a news release on the findings.

~75 holes

10,000 meters +3,000 samples les

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SLIDE 21

Cisne neros

  • s – Next

t Steps ps

  • Expand geophysical programs
  • Finish 10,000m drill program
  • Evaluate results of drilling and geophysics
  • Design exploration tunnel
  • Metallurgy test work
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SLIDE 22

Land d Holdings s in Colombia ia

Total al Land d Packag age +37,000 hectares

  • Cisneros
  • s:

+5,600 hectares (Flagship)

  • Other Holdings

gs ~32,000 hectares

(Vetted +200,000 hectares)

  • Strate

ategi gic Properti ties: : located along the productive Cauca Porphyry Belt near high profile projects

  • Potenti

tial al: : Continually evaluating opportunities

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SLIDE 23

Strateg tegic ic Propert erties es

  • Six other prospect areas in Colombia all situated within the

prolific Cauca Porphyry Belt

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Total

(approx.):

32,000 ha

Concordia-Betulia 12,387 ha Caicedo 3,156 ha Manizales Norte 10,091 ha Jerico 3,105 ha Gavia 2,887 ha Aguadas 371 ha

  • All projects lie below 2,800m elevation and are not affected

by the new mining law protecting the Paramo highland ecosystems (+3,200m) in Colombia

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SLIDE 24

CONTINENTAL - BURITICÁ

CISNEROS CONCO CORDIA A -BETULIA

ANGLO/B2 - QUEBRADONA MEDORO – MARMATO (9.6M oz) SEAFIELD –QUINCHEA (776K oz) ANGLO – LA COLOSA (12.9M oz) ANGLO/B2 – GRAMALOTE (2.4M oz) VENTANA – LA BODEGA GREYSTAR - ANGOSTURA

MANIZAL ALES NORTE GAVIA AGUAD ADAS AS JERICÓ CAICEDO

AGD – Projects Other Project

N

CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH

SUNWARD- TITIRIBI (3.7M oz)

Strateg tegic ic Propert erties es

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Bucaramanga Bogota D.C. Medellin *(Stated ounces based on news releases)

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SLIDE 25

COBRE SOM

ALIANZA ZA MINERA LTDA. SOCIEDAD SORATAMA

AGD – Properties Neighbors` Properties

SOCIED EDA D DE LA PEÑA SOM

AC ACHAGU AGUA A SOM SOCIEDAD AD DE LA PEÑA A SOM

SOCIED EDAD SORATAMA

  • Situated 40 km SW of Medellin

by paved highway

  • Comprises 3 concessions for

+12,000 hectares

  • Located in the prolific Cauca

Porphyry Belt

  • Early stage exploration

prospect

  • Good neighbours: AngloGold

and Continental Gold

  • Positive initial grab samples

and mapping results, up to 7.50 g/t gold

Concordi dia-Betu Betuli lia a Prospect

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SLIDE 26

COLOMBIA

La Llanada Project

  • Historical mining area in Dept
  • f Narino
  • Exclusivity - Local Co-op
  • 6 month due diligence
  • 380 hectares (4 parcels)
  • Producing ~5,000 oz/yr, by

totally manual methods

  • Small Plant (25 t/d)
  • Joint Venture
  • AGD - CAPEX & Management
  • Co-op - Licenses and Permits

Medellin

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SLIDE 27

Commun unit ity Relatio ions ns - Cisneros

  • s

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Involves 3 Municipalities in Department of Antioquia:

Santo Domingo Cisneros Yolombo

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SLIDE 28

Social al Program m Object ctiv ives es

  • Identify concerns and needs
  • Apply appropriate strategies and

adjust to reality

  • Develop a working relationship

between stakeholders

  • Three social studies conducted to date

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SLIDE 29

Environment

  • nmental

al Awarenes eness

Baseline Studies Ongoing

  • Focus - Water Quality and Quantity

Environmental Studies and Permits for Future Work

  • March drilling program and geophysics (granted)
  • Trenching and exploration tunnels
  • Explosive Use Permit

CORPO PORATE ATE PHILOSO SOPH PHY

“Meet or exceed Colombia or North America Standards”

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SLIDE 30

Funding ing

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Sufficient Funds for Current Drilling /Exploration Program:

  • 10,000m core drilling program
  • Ground geophysics program
  • Field exploration on Santo Domingo
  • On-going evaluation of Concordia-

Betulia

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SLIDE 31

Looking ing Forward rd

  • Accelerate Exploration Activities
  • Cisneros Project

– Expand drilling targets and geophysics – Increase exploration of Santo Domingo lands – Develop geological and resource models – Establish exploration tunnel for grade control

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SLIDE 32

Looking ing Forward rd – Cont’d

  • Strategic Properties

– Expand Concordia-Betulia exploration – Preliminary exploration on other holdings – Farm out select projects as joint ventures

  • Pursue Other Gold Opportunities in

Colombia

– Due diligence work on La Llanada

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SLIDE 33

Mining ng Cycle

Chart reproduced by eResearch, being modified from and courtesy of The Gold Book, by Pierre Lassonde

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SLIDE 34

Summa mary ry

  • Excellent Investment Opportunity
  • Strong Technical and Management Team
  • Colombian Experience
  • Well Positioned on Ground in Colombia
  • Solid Social & Environmental Commitment
  • Meeting Success at Cisneros Project
  • Quality Properties and Prospects

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SLIDE 35