Slide 1: BCGold Corp. – Engineer Gold Mine 2011 Bulk Sampling, Test Milling & Exploration Program
BCGold Corp. “Discovery Driven” Engineer Gold Mine, B.C. 2011 Bulk Sampling, Test Milling & Exploration Program
Slide 2: Cautionary Statement
Cautionary Statement This presentation does not constitute an offer to sell or solicitation of an offer to buy securities of BCGold Corp. FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this presentation
Slide 3: Exploration Strategy
Exploration Strategy • BCGold Corp. is a Vancouver-based junior resource company focused on gold and copper exploration in under- explored historic and emerging mining districts in British Columbia and Yukon. • BCGold Corp. acquires and develops conceptual, early and mid-stage exploration opportunit
Slide 4: Engineer Mine – Yesterday and Today
Engineer Mine – Yesterday and Today Historic Mill Engineer Mine c.1924 30 tpd Mill Mining Equipment 4
Slide 5: Engineer Mine Property, B.C.
Engineer Mine Property, B.C. 5
Slide 6: Engineer Mine Property, B.C.
Engineer Mine Property, B.C. • Historic high-grade epithermal gold-silver mine (2,200 ha). • Barge and ice road accessible, 32 km west of Atlin, B.C. • Past production 18,000 oz Au and 8,950 oz Ag in 1920’s. • Average historic grade of 39 g/t Au and 20 g/t Ag. • BCGold Corp. owns 75% with option to
Slide 7: Engineer Mine – Property Geology
Engineer Mine – Property Geology Laberge Hub A argillite Hub B 7
Slide 8: Engineer Mine Property - Veins, Underground Development & Previous Work
Engineer Mine Property - Veins, Underground Development & Previous Work • 5,500 m of development on 8 levels. • 5th Level portal with rail. • 2 styles of epithermal gold mineralization. • Narrow high grade veins (0.3 – 3.0 m, >1 oz/ton Au). • Broad, low grade shear structures with hydrothermal brecc
Slide 9: Shear Zone 'A'
Shear Zone ‘A’ 2008 Bulk Tonnage Gold Exploration Target 9
Slide 10: Engineer Mine Property Vulcan Model & 2010 Underground Drilling
Engineer Mine Property VulcanTM Model & 2010 Underground Drilling 10
Slide 11: Engineer Mine – Vein Mineralogy
Engineer Mine – Vein Mineralogy Vein mineralogy • Quartz-carbonate- muscovite • roscoelite • arsenopyrite • arsenic • antimony • allemontite (native arsenic+stibarsen) • stibnite Boulder Vein Sheet Gold Engineer Vein Gold • pyrrhotite Ore minerals: Au, Ag (electrum) • Occurs free in quartz, and bona
Slide 12: Engineer Vein Long Section 2010 Underground Drilling Results
Engineer Vein Long Section 2010 Underground Drilling Results 12
Slide 13: Double Decker Vein Long Section 2010 Underground Drilling Results
Double Decker Vein Long Section 2010 Underground Drilling Results • High-grade gold confirmed 21 metres below deepest mine level (8 Level). 13
Slide 14: Snowden Engineer Mine Resource Estimate
SNOWDEN Engineer Mine Resource Estimate ENGINEER MINE INFERRED MINERAL RESOURCE ESTIMATE * Contained Cut-Off Category Vein Tonnes Au (g/t) Au (oz) Inferred Engineer 30,800 20.6 20,400 Double 5 g/t Au Inferred 10,100 13.1 4,400 Decker Total(3) 41,000 19.0 25,000 Inferred Engineer 10,400 60 20,100 Dou
Slide 15: 2011 Exploration Program & Results
2011 Exploration Program & Results • $1.1 million exploration, bulk sampling and test milling program completed in 2011. • Refurbished and optimized 30 tpd gravity separation mill circuit. • 6 composite bulk samples (400 tonnes) mined from the Engineer Vein (5 underground) and Double Decker Vein (1
Slide 16: Engineer Vein, Bulk Sample Gold / Roscoelite and Gold Stream
Engineer Vein, Bulk Sample Gold / Roscoelite and Gold Stream on Finishing Table 0 3 6 9 12 15 cm Gold 16
Slide 17: Engineer Vein Resource, 2011 Bulk Sample Results and 2012 Bulk Sample Target
Engineer Vein Resource, 2011 Bulk Sample Results and 2012 Bulk Sample Target 17
Slide 18: Mining 505-5 Bulk Sample Engineer Vein
Mining 505-5 Bulk Sample Engineer Vein 18
Slide 19: Double Decker Vein Resource & 2011 Bulk Sample Location
Double Decker Vein Resource & 2011 Bulk Sample Location 19
Slide 20: Double Decker Vein Surface Bulk Sample
Double Decker Vein Surface Bulk Sample 20
Slide 21: Engineer Mine 2011 Bulk Sample Concentrate Assays & Contained Gold
Engineer Mine 2011 Bulk Sample Concentrate Assays & Contained Gold Concentrate Bulk Tonnes Au Au Contained Contained Produced Sample Milled (g/t) (oz/ton) Au (g) Au (oz) (dry kg) DD 9.4 23.1 290.6 8.5 6.7 0.2 Trench 505-2 40.7 193.6 196.5 5.7 38.0 1.2 505-3A 35.5 194.9 1,251.7 36.5 244.0 7.8 505-3B
Slide 22: Engineer Mine Bulk Sample Concentrate Assay Results and Calculated Gold Content
Engineer Mine Bulk Sample Concentrate Assay Results and Calculated Gold Content Table Sluice Bulk HG Gold Stream Contained Gold Concentrate Concentrate Sample Dry kg Au (g/t) Dry kg Au (g/t) Dry kg Au (g/t) Grams Ounces DD 15.5 379.3 7.6 109.6 - - 6.7 0.2 Trench 505-2 167.5 204.8 26.1 143.8 - - 38.0
Slide 23: 2011 Exploration Program & Results
2011 Exploration Program & Results • Bulk sampling is considered the final word when it comes to gold grade determination and assessing resource estimation accuracy at any given mine. • Six bulk samples totalling 246.1 tonnes returned an average calculated mining diluted head grade of 16.9 g/t Au, i
Slide 24: Bulk Sample Calculated Diluted Mining Head Grades
Bulk Sample Calculated Diluted Mining Head Grades Contained Gold in Mining Diluted Tonnes Mill Recovery Bulk Sample Concentrate Head Grade Milled (%) (grams) (Au g/t) DD Trench 9.4 6.7 58.6% 1.2 505-2 40.7 38.0 56.5% 1.7 505-3A 35.5 244.0 47.5% 14.5 505-3B 68.9 1,467.6 47.8% 44.6 505-5* 69.7 329.5*
Slide 25: Bulk Sample vs. Channel Sample Gold Grade Comparison
Bulk Sample vs. Channel Sample Gold Grade Comparison Channel Samples Bulk Sample Bulk Calculated Mining No. of Predicted Grade % Difference Sample Grade (Au g/t) Samples (Au g/t) DD Trench 1.2 34* 0.95* +26% 505-2 1.7 2 0.56 +204% 505-3A 14.5 1 0.69 +2,001% 505-3B 44.6 1 2.37 +1,782% 505-5 > 8.5** 3
Slide 26: 2011 Exploration Program & Results
2011 Exploration Program & Results • Bulk sample results indicate conventional sampling techniques can grossly underestimate gold grades and the current resource estimate is likely conservative and open to expansion. • Completed a 600 line km SkyTEM deep penetrating Time-Domain Electromagnetic / Mag
Slide 27: Near-Term Production Potential
Near-Term Production Potential • 2011 bulk sampling results indicates excellent upside to resource expansion and gold grade increase. • The Engineer Mine Property hosts a robust and open mineralizing system. High-grade gold has been confirmed 21 metres below deepest mine level (8 level) on the Doubl
Slide 28: Wire Gold in Roscoelite 505-5 Stope
Wire Gold in Roscoelite 505-5 Stope 28
Slide 29: Blasting & Mucking – Engineer Vein
Blasting & Mucking – Engineer Vein 29
Slide 30: Tramming Engineer Bulk Samples
Tramming Engineer Bulk Samples 30
Slide 31: Sample Loading Bay – Engineer Mine
Sample Loading Bay – Engineer Mine 31
Slide 32: Aerial View of Engineer Mill – 30 tpd
Aerial View of Engineer Mill – 30 tpd 32
Slide 33: Generator & Electrical Control Panels
Generator & Electrical Control Panels 33
Slide 34: Bulk Samples and Coarse Ore Bin
Bulk Samples and Coarse Ore Bin 34
Slide 35: Engineer Mill – Crushing Circuit
Engineer Mill – Crushing Circuit Coarse Ore Bin Jaw Crusher 35
Slide 36: Engineer Mill – Crushing Circuit
Engineer Mill – Crushing Circuit Roll Crusher 36
Slide 37: Engineer Mill - Roll Crusher
Engineer Mill - Roll Crusher Roll Crusher Close Up 37
Slide 38: Engineer Mill – Crushing Circuit
Engineer Mill – Crushing Circuit Jaw Crusher Roll Crusher 38
Slide 39: Engineer Mill - Fine Ore Bin
Engineer Mill - Fine Ore Bin Fine Ore Bin 39
Slide 40: Engineer Ball Mill Feed Conveyor
Engineer Ball Mill Feed Conveyor Fine Ore Bin Sample Point 40
Slide 41: Engineer 30 tpd Ball Mill
Engineer 30 tpd Ball Mill Sample Point Ball Mill 41
Slide 42: Sluice Box & Screen Decks
Sluice Box & Screen Decks Ball Mill Screen Deck 42
Slide 43: Large Deister Tables
Large Deister Tables 43
Slide 44: Bulk Sample 505-3A on Deister Table
Bulk Sample 505-3A on Deister Table Gold 44
Slide 45: Bulk Sample 505-3A on Finishing Table
Bulk Sample 505-3A on Finishing Table Gold Arsenopyrite 45
Slide 46: Engineer Vein Gold – Finishing Table
Engineer Vein Gold – Finishing Table Gold Gold 46
Slide 47: Finishing Table and Gold Line
Finishing Table and Gold Line 0 3 6 9 12 15 cm Gold 47
Slide 48: On-Going Studies
On-Going Studies • Mill feed samples and concentrate currently being processed by Gekko Systems for bench scale gravity and leach amenability metallurgical test work. • Metallurgical results expected in early 2012 and will: o determine marketability of concentrate, o recommend mill modifications to
Slide 49: Going Forward - 2012 Exploration Plans
Going Forward - 2012 Exploration Plans • BCGold Corp. believes the real value in the Engineer Mine Property is the exploration potential. Only a small portion of the extensive vein system has been evaluated to date. • BCGold Corp. is uniquely positioned to offset exploration costs at the Engineer Mi
Slide 50: Engineer Mine Property – 2012 Proposed Underground Drill Program
Engineer Mine Property – 2012 Proposed Underground Drill Program (3,000 metres) • Staged $2.5M program proposed for 2012. • Program to include 3,000 m underground drilling, mine dewatering (to 7 Level), rehabilitation, mapping, sampling, test mining, bulk sampling and milling of high-grade Engineer
Slide 51: Engineer Vein Resource, 2011 Bulk Sample Results and 2012 Bulk Sample Target
Engineer Vein Resource, 2011 Bulk Sample Results and 2012 Bulk Sample Target 51
Slide 52: Engineer Mine - 2012 Proposed Drilling and Bulk Sampling Program
Engineer Mine - 2012 Proposed Drilling and Bulk Sampling Program 52
Slide 53: Shear Zone 'A' Bulk Tonnage Target
Shear Zone ‘A’ Bulk Tonnage Target 2012 Proposed Drilling 53
Slide 54: BCGold Corp – Reviving the Engineer Mine
BCGold Corp – Reviving the Engineer Mine 54
Slide 55: Notes
Notes 55
Slide 56: BCGold Corp. – Discovery Driven
BCGold Corp. “Discovery Driven” Engineer Gold Mine, B.C. 2011 Bulk Sampling, Test Milling & Exploration Program