Yukon Gold CORPORATE PRESENTATION December 2012 TSX-V: RAK - PowerPoint PPT Presentation

Yukon Gold CORPORATE PRESENTATION December 2012 TSX-V: RAK www.racklametals.com

Forward-looking Statements CAUTIONARY NOTES AND DISCLAIMERS This presentation may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, and other related matters. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Rackla Metals Inc. projects in Canada are at an early stage and all estimates and projections are based on limited, and possibly incomplete, data. More work is required before the mineralization and the Projects’ economic aspects can be confidently modeled. Actual results may differ materially from those currently anticipated in this presentation. No representation or prediction is intended as to the results of future work, nor can there be any promise that the estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be economic. Qualified Person: Under the terms of NI43-101, Roger Hulstein, B.Sc., P.Geo. is Rackla‘s Qualified Person. Mr. Hulstein has a B.Sc.degree in geology from Saint Mary’s University; 25 years of exploration and mining industry experience and works mainly in Yukon, Alaska and Nevada. To date his career has included 7 years with Kennecott Canada Inc., one of the world's largest mining companies, as a project geologist on gold programs and as a principle in Aurum Geological Consultants Inc. for 7 years on a variety of exploration projects. Intrusion-related precious metal mineral deposits in North America are his primary focus. Mr. Hulstein is a member of the Association of Professional Engineers and Geoscientists of British Columbia, and a "Qualified Person" in accordance with National Instrument 43-101. 2 TSX-V: RAK www.racklametals.com 2

Yukon Focused  Experienced team of Yukon experts, led by Simon Ridgway  Focused on early stage exploration: target generation & staking  Extensive land holdings in key Yukon belts, covering strong gold anomalies TSX-V: RAK www.racklametals.com 3

C ORPORATE O BJECTIVE Discover a world-class mineral deposit in Canada’s Yukon Territory S TRATEGY  In house target generation, reconnaissance work & staking  Early joint venture decisions, retain 30-40% of key JV projects  Keep costs low, avoid major drill programs unless value proposition is totally clear TSX-V: RAK www.racklametals.com 4

Rackla’s Yukon Projects Name Commodity 1 Face Au, disseminated 2 Sixty Mile Au-Cu-Mo, porphyry 3 Newt Au, epithermal See next slide 4 Iola Ag-Zn-Pb-(Au?) Trace of Dawson thrust 5 Rivier Au, ultramafic hosted 1 6 Scarlet East Au, disseminated Rau 7 Scarlet West Ag-Zn-Pb-(Au?) MVT? Rackla Dublin Gulch 7 7 2 2 6 6 Brewery Creek 3 8 Ten Mile Au, intrusive hosted 3 Keno Hill 8 8 White Gold Coffee Ketza River 5 5 4 4 100% RDU 3 Joint Venture Opportunity 8 http://ygsftp.gov.yk.ca/publications/yeg/yeg10/YEG/05_Chakungal_Bennett.pdf 5 TSX-V: RAK www.racklametals.com

The Rackla Belt Western end of Rackla Belt is known as the Nadaleen Trend Eastern end is known as the Rau Trend Face The Rackla Gold Belt Trace of Dawson thrust RAK’s Scarlet E & W projects See next page Source: http://www.emr.gov.yk.ca/mining/pdf/Yukon_Exploration_Projects_December_2011_13X17.pdf TSX-V: RAK www.racklametals.com 6

Rackla’s Claims in the Nadaleen Trend Scarlet West MVT / Sedex deposit Scarlet West potential in carbonates 498 claims Scarlet East Sed’t hosted, Carlin type gold associated with As & Tl anomalies. Pyramid Dale Ptah Isis Carlin-type Conrad discoveries by Atac Osiris Scarlet East >18km long, 230 claims *Optioned to Strategic Metals Ltd. 10km  General characteristics of Typical Carlin-type geochemical association with arsenic, thallium, mercury and antimony  Sub-micron gold in both sulphides and oxides sediment hosted gold  Regional scale association with continental margin rocks and deep-seated structures systems in the Rackla Belt  Hosted by Paleozoic carbonate rocks, locally gritty  Local association with the hinges of fold structures  Multiple deposits: a district-scale play TSX-V: RAK www.racklametals.com 7

Scarlet East As and Au soil geochemistry Arsenic in soils Gold in soils Strategic Metals currently drill testing key anomalies TSX-V: RAK www.racklametals.com 8

Scarlet East On strike from ATAC’s Osiris Project Drilling underway RAK granted Strategic Metals Inc. an option to Trend of anomalous acquire a 60% interest in the Scarlet East claim block Au-As-Hg-Sb-Tl in soils & rocks  Strategic can exercise the option by spending $5m on exploration by 2016  Includes requirement drill at least 1,000m before December 31, 2012  First-pass geochem ’ by RAK identified ‐ Anomalous Au-As-Hg-Sb-Thallium results coincident with orange gritty carbonate unit ‐ Key anomaly in fold hinge / nose ‐ Multiple lower order geochemical anomalies along strike to the west TSX-V: RAK www.racklametals.com 9

Scarlet West Scarlet West MVT / Sedex deposit Scarlet West potential in carbonates 498 claims Pyramid Dale Ptah Isis Carlin-type Conrad discoveries by Atac Osiris Scarlet East >18km long, 230 claims *Optioned to Strategic Metals Ltd. 10km  Structurally controlled Zn-Pb-Ag anomalies in carbonates: MVT potential?  Soil sampling & prospecting program completed outlining 5 main anomalies TSX-V: RAK www.racklametals.com 10 10

Scarlet West: Soil Anomalies Geology Puddle White Ridge Larry 1,136 samples collected in 2011 soil sampling program Chopper Pad Zn: max > 1% (overlimit) 110 samples over 500 ppm Discovery Pb: max > 1% (overlimit) 32 samples over 500 ppm Ag : max 2.1 ppm 30 samples over 0.5 ppm TSX-V: RAK www.racklametals.com 11

The Sixty Mile District  Two target types: Sixty Mile District 1. Intrusive-hosted & related Cu-Mo (porphyry) and Au mineralisation 2. Thrust-related orogenic gold in metamorphic rocks  Property has produced over 500k Oz Au from placers since 1892- active placer mining area  RDU’s drilling in 2010/11 discovered bedrock gold in 2 distinct areas  5 holes cut broad zones of up to ±80m of anomalous Au Source: http://www.emr.gov.yk.ca/mining/pdf/Yukon_Exploration_Projects_December_2011_13X17.pdf TSX-V: RAK www.racklametals.com 12

Sixty Mile Concessions & Main Targets Orogenic Gold Target Horizon Porphyry Target Rackla’s concessions TSX-V: RAK www.racklametals.com

Sixty Mile Porphyry  Drill holes DDH11-03, 04 and 05 cut a blind, unmapped, sericitically altered feldspar porphyry body beneath river gravels  Porphyry contains disseminated pyrite and pyrite +/ chalcopyrite-molybdenite bearing fractures and stockworks with silica-sericite alteration haloes  DDH11-03 averaged 380 ppm Cu over 294 m starting at 25.5m to EOH  Age of porphyry is similar to other Cu-Au-Ag mineralized systems identified in the Yukon  Bedrock sampling in the valley identified a northeast trending Cu anomaly (>350 ppm Cu) over an approximate 1.5 km by 0.4 km area  Project being reviewed by a major mining company interested in the Cu potential of the porphyry RAK is planning geophysics (IP), PIMA work on core to “vector” within the alteration system, and diamond drilling to follow TSX-V: RAK www.racklametals.com 14

Sixty Mile River Porphyry Target: Cu in auger holes DDH11-02 DDH11-01 DDH11-06 DDH11-04 DDH11-07 DDH11-05 DDH11-03 DDH11-07 DDH11-06 DDH11-08 DDH11-09 RAK Diamond drill hole RAK hole cutting porphyry Cu system 15 TSX-V: RAK www.racklametals.com

Ten Mile 30km north-north-west of the Kinross White Gold Property Ten Mile  Potential for intrusive hosted gold  3 companies hold major land positions  Ryan gold  Stina  Rackla  Multiple, large Au-in-soil anomalies on each claim block, most associated with intrusives  Rackla holds 323 claims in 3 blocks (6,350ha) Source: http://www.emr.gov.yk.ca/mining/pdf/Yukon_Exploration_Projects_December_2011_13X17.pdf TSX-V: RAK www.racklametals.com 16

Ten Mile: 20ppb Au-in-soil contour 4km 3km Limit of mapping TSX-V: RAK www.racklametals.com 17

Ten Mile: Regional Mag’ TSX-V: RAK www.racklametals.com 18

The Face Project: 704 claims (14,700ha)  Western end of the Dawson thrust – main structural control on ATAC’s Face Rau, Osiris, Conrad and Scarlet properties.  Au, Ag, As, Hg, Sb and Mo Trace of government stream sed’t anomalies Dawson thrust  Same stratigraphic setting as Rau, Osiris, Conrad and Scarlet properties: carbonate / clastic rocks, margin of continental carbonate platform Work Underway Extensive ridge and spur soil  sampling Mapping & prospecting   Results pending Source: http://www.emr.gov.yk.ca/mining/pdf/Yukon_Exploration_Projects_December_2011_13X17.pdf TSX-V: RAK www.racklametals.com 19

Face Gov’t Stream Geochemistry & Rackla Soil See detailed Sampling maps below Au in soils Tl in soils TSX-V: RAK www.racklametals.com 20

Face Ridge and Spur sampling completed by Rackla, summer 2012. Results pending 5km TSX-V: RAK www.racklametals.com 21