Bravada Gold Corporation · TSXV:BVA
Bravada Gold — Investor Presentation (January 2011)
32 slides from Bravada Gold's investor presentation, January 2011
Slide 1: Post-Amalgamation Bravada
Post-Amalgamation Bravada January 2011
Slide 2: Why Nevada?
Why Nevada? Worldwide gold production is down ~10% from the 2001 high Nevada produced 5.64MM oz of gold in 2009 (5.7MM in 2008) @ average $508/oz cash cost ($525 in 2008), ~7% of the world total, 6th behind China, South Africa, Australia, Russia, & Peru Nevada gold proven + probable reserves are qui
Slide 3: Our Approach
BVA: TSX.V | 6BG: F = I = LSS | = 5 a ie, lig Ny i 5 a es tn. ee rae CG Our Approach CORPORATE PRESENTATION January 2011 Sy wa Se = —= ee BRAVADA GOLD CORPORATION
Slide 4: The Project-value Trend
The Project-value Trend Covered trend # of available projects Exposure w/ anom geochem LESS SPECULATIVE $$$ to advance Potential “ore” surface Potential “ore” intercepts Intercepts connect Defined mineral body 43-101 resource 43-101 PEA VALUE INCREASES VALUE INCREASES 43-101 Pre-feasibility 43-101 F
Slide 5: An Ideal Project Portfolio 'Funnel'
An Ideal Project Portfolio ‘Funnel’ Covered trend Many projects Exposure w/ anom geochem Potential “ore” surface Potential “ore” intercepts Intercepts connect Defined mineral body 43-101 resource Ideal curve 43-101 PEA VALUE INCREASES VALUE INCREASES 43-101 Pre-feasibility 43-101 Feasibility Fewer D
Slide 6: The Amalgamated Project 'Funnel'
The Amalgamated Project ‘Funnel’ Covered trend Exposure w/ anom geochem Potential “ore” surface Potential “ore” intercepts Intercepts connect Defined mineral body 43-101 resource 43-101 PEA 43-101 Pre-feasibility Ideal curve 43-101 Feasibility Development Production
Slide 7: Our Advancement Strategy
Our Advancement Strategy Covered trend Exposure w/ anom geochem Potential “ore” surface Potential “ore” intercepts Intercepts connect Defined mineral body 43-101 resource 43-101 PEA VALUE INCREASES VALUE INCREASES 43-101 Pre-feasibility 43-101 Feasibility Development Production
Slide 8: Past and Present Project Partners
Past and Present Project Partners
Slide 9: Summary of Merger Benefits
Summary of Merger Benefits • A more balanced portfolio of properties is more attractive to a wider range of investors (increased share $, reduced dilution for financing) • AND increases the odds for discovery of a major, company-making deposit • Majors have more confidence in a larger company increa
Slide 10: The Projects
eee Ge / | & = N = ~ ——— Map] poe EY SS { Wi — 5 a i we a = y¥ ~ The Projects CORPORATE PRESENTATION January 2011 BVA: TSX.V | 6BG: F BRAVADA GOLD CORPORATION
Slide 11: Our Projects
Our Projects Millie Colorback Quito Carlin type BM-E trend Austin trend Low-sulfidation New Project type Walker Lane trend Carlin-type properties N. Nv. Rift trend Kings River Rift trend Low-sulfidation -type properties BVA Only
Slide 12: Why we added Quito, Colorback & Millie
Sleeper +1.7MM oz Au Prod Sandman +1.1MM oz Au Res +300K oz Au Res X Cortez District Why we X +18MM oz Au Prod Millie X Colorback +33MM oz Au Res Goldbanks +556K oz Au Res Quito Quito +174K oz Au Prod added Quito, X Northumberland +3MM oz Au Res ~250K oz Au Prod Colorback, New Project & Millie
Slide 13: Project Priority for 2011
Project Priority for 2011 • Wind Mountain - pre-feasibility, possible feasibility, evaluate seismic for deep targeting • Quito - evaluate resource (43-101?), 3D model, deep test • Granite Mtn/Colorback – evaluate resource, 3D model, test Lower Plate down-dip of ‘feeder’ fault • East Manhattan - defi
Slide 14: Wind Mountain - Historic Production (Amax Gold)
Wind Mountain - Historic Production (Amax Gold) 299,259 oz Au recovered from 434,089 oz Au mined, with 1,769,426 oz Ag recovered (closure since 1997) Looking SE Altered areas surround possible buried intrusion here Flow dome Single hole w/ 60’ 0.318 g/t Au @ bottom (TD 540’)
Slide 15: Wind Mtn
2007 resource Short Tons Grade opt Cut-off Oz. Au (tonnes) (g/t) Measured + Indicated 33.7 MM 0.012 0.0075 406,000 (30.6 MM) (0.411) (0.257) Inferred 9.8 MM 0.009 0.0075 92,000 (8.9 MM) (0.308) (0.257) Not currently economic 74 MM 0.006 444,000 (67.2 MM) (0.205) 0.005 opt (0.171 g/t) Au shell in gre
Slide 16: Wind Mtn – MDA's 2010 PEA
Wind Mtn – MDA’s 2010 PEA BASE CASE - Open-pit mining w/ trucks, shovels, ROM leaching, US$850/oz Au & $14.50/oz Ag Resource inside pits = 26.9 million short tons @ 0.012 oz Au/t, with 0.007 oz Au/t cutoff (~90% Measured + Indicated, ~10% Inferred) Gold Ounces mined = 320,000 Gold Ounces produced =
Slide 17: Wind Mtn – MDA's 2010 PEA
Wind Mtn – MDA’s 2010 PEA Sensitivity – Base case w/ Au & Ag prices 20% higher ($1,020/oz Au & $17.40/oz Ag) Resource inside pits = 26.9 million short tons @ 0.012 oz Au/t, with 0.007 oz Au/t cutoff (~90% Measured + Indicated, ~10% Inferred) Gold Ounces mined = 320,000 Gold Ounces produced = 198,000
Slide 18: Quito
Quito (dark red >0.05 opt Au) looking southeast Open Pit Extensions Pit outline Q4 Target Russ Target Main Pit: Au below pit
Slide 19: Granite Mtn Colorback
BVA Property Granite Mtn Colorback
Slide 20: East Manhattan
Round Mtn Gold drill sites Best chip samples 3m 23.8 g/t Au & 11.9 g/t Ag 1.5m 15.2 g/t Au & 16.5 g/t Ag Wash (Max Res.) East Manhattan East Manhattan
Slide 21: East Manhattan
a a fo} oO rr i= = a ae =) fe} a “LAIMS x 7D 7 ~—Z PROPERTY BOUNDARY |_EM- 40: 14m @ 2.868 g/t Au (including 11m @ 3.385 g/t Au) andi 14m @ 0. 805 git. Au wy “K-3: 9.14m @ 0.649 and 10.7m @1. 47 git Au! f “(including 1. 5m 4. 73 git Au)! ) EM-2: 10. 7m @ 1.409 git Au~ (including 2m @ 6.31 g/t Au) OO
Slide 22: The People
ae Pees The People CORPORATE PRESENTATION BRAVADA BVA: TSX.V | 6BG: F January 2011 GOLD CORPORATION
Slide 23: Our Directors
Our Directors • Lawrence Page, Q.C. – Chairman, Director • Joseph Kizis – President, Director & Officer • Richard Hughes - Director • Paul Dircksen – Director • Terry Eyton - Director • Ross McDonald - Director • John R. Kerr - Director • Michael Rowley - Director • Scott Hean – Director
Slide 24: Our Team
Our Team • Joseph Kizis* – President • Derek Page – CFO • Lawrence Page*, Q.C. – Legal/business advisor • Arie Page – Corporate Secretary • Liana Shahinian & Michael Rowley – Corporate Finance/Investor Relations • Elliott Crist* – Chief Geologist • John Cox* – Manager of Development • Debbie Schneid
Slide 25: Who we've worked for
Who we’ve worked for • Joseph Kizis – Exxon Minerals, BP Minerals, AGIP, Gulf Minerals, Atlas Precious Metals, Fairmile, Bravo • Lawrence Page, Q.C. – Prime Group, Manex Group • Elliott Crist – FMC Gold, Homestake, ERG, Fairmile, Bravo • John Cox – FMC Gold, USMX, Alta, ERG • Debbie Schneider – Plac
Slide 26: What we've worked on
What we’ve worked on • Joseph Kizis – Mt Hope (Mo), Buffalo Valley (Au), Homestake (Au/Ag/Cu), El Penon (Au/Ag), Wind Mtn (Au/Ag), Highland (U) • Lawrence Page, Q.C. – David Bell (Au), Page Williams (Au), Snip (Au/Ag), Eskay Creek (Au/Ag/base metals), Mascot (Au), Penasquito (Au/Ag/base metals), Hom
Slide 27: The Stock
BVA: TSX.V | 6BG: F “ aS S/S Se a ; ij a me a 3 = ee - The Stock CORPORATE PRESENTATION January 2011 BRAVADA GOLD CORPORATION
Slide 28: How We Compare to Peers
How We Compare to Peers 160.0 No 43-101 Oz Au Market Cap. In $ Millions 140.0 120.0 100.0 80.0 1.7 MM No 43-101 60.0 Oz Au Oz Au No 43-101 2 MM Oz Au 2.1 MM 40.0 Oz Au Oz Au 0.5 MM 20.0 Oz Au 0.0 Evolving Gold Atna Renaissance Miranda Rye Patch Bravada Columbus Gold
Slide 29: Take-over Example – AuEx (Nv)
AuEx formed AuEx Ventures Trading begins 1st Pequop Drill Results 1st Pequop Resource Feasibility announced Fronteer Acquisition Take-over Example – AuEx (Nv)
Slide 30: Production Example – Allied Nevada
Allied Nv formed from Vista Gold & Pescio Historic Prod +1MM oz Au (1987-98) Allied Nevada Gold Corp. 1st Pour Au Record earnings Incr. M + I res. +8MM oz Au Production Example – Allied Nevada
Slide 31: Bravada BVA-TSX.V Frankfurt: 6BG
Bravada BVA-TSX.V Frankfurt: 6BG Shares outstanding - 65,470,328 Fully diluted - 80,253,965 Cash on Hand - $0.7 million FRX/BVA shareholders - 51%/49% Bravo Gold Corp - 17.03%
Slide 32: Contact Information
Contact Information Liana Shahinian V.P. Corporate Development of Manex Resource Group T: 604.641.2773 E: liana@mnxltd.com www.bravadagold.com