BIG_BEND_PPT_Oct_27_2011s.pdf

IKH$TOHKOIROL$XXK$ZAAMAR$SOUM,$TOV$AIMAG$

BURENHANGAI$SOUM,$BULGAN$AIMAG$MONGOLIA$

1$October$2011$

FINANCING'PROSPECTUS'!  SEEKING$$17$MILLION$USD$–$PRECIPO$FINANCING$VIA$CONVERTIBLE$DEBENTURE$

! USE$OF$PROCEEDS$!  a)$$Completion$of$Mineral$Separation$Plant$!  b)$$Working$Capital$to$bring$to$cash$flow$by$June$2012$!  c)$$Purchase$of$Wheel$Dredge$to$increase$production$by$50%$by$2013$

! CASH$FLOW$–$AVERAGE$ANNUAL$$22$MILLION$AT$$1,500$PER$OUNCE$GOLD$

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LISTING'POTENTIAL'! CAN$BE$PUBLICLY$TRADED$on$TSX$Tier$1$within$10$WEEKS$FROM$FUNDING$!  Three$years$audited$financial$statements$!  Toronto/Mongolia$Auditors$–$PriceWaterhouse$Coopers$

!  Toronto$Legal$Counsel$–$Fasken$Martineau$!  Three$years$audited$by$Mongolian$Tax$Authorities$!  43C101$compliant$Resource$Report$reflecting$254,000$ounces$resources$

!  Cash$Flowing$by$Summer$2012$! CONSIDERING$LSE$LISTING$

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PROJECT'BASIS'!  Introducing$HIGH$VOLUME$–$LOW$MINING$COSTS$MODERN$DUTCH$DREDGING$TECHNOLOGY$

!  Introducing$MODERN$HIGH$RECOVERY$DUTCH$MINERAL$SEPARATION$PROCESSING$

!  Introducing$MODERN$RECLAMATION$AND$REVEGATION$PRACTICES$AND$EQUIPMENT$

!  LOWER$COSTS$and$HIGHER$RECOVERY$makes$FEASIBLE$to$MINE$LOWER$GRADE$RESOURCES$

!  INTERNATIONAL$SOCIAL$and$ENVIRONMENTAL$PRACTICES$makes$PUBLICALLY$ACCEPTABLE$

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BIG'BEND'GOLD'MONGOLIA'!  197,000$ounces$of$gold$resource$–$drilling$and$sampling$defined$109,195$oz$indicated$and$87,515$prognosis$

! EBIDTA$NPV$at$$129$million$USD$C$$1,500/oz$–$10%$DCF$

!  Seeking$additional$funding$of$$17.0m$–$to$complete$project$development,$commence$mining$and$producing$positive$cash$flow$by$June$2012.$

! Total$Investment$to$date$–$$23$million$USD:$$13$million$equity,$$10$million$–$loan$from$US$Gov’t$Agency$–$Overseas$Private$Investment$Corporation$(OPIC)$

! Average$annual$EBIDTA$C$$22$million$USD$per$year$for$10$years.$

! Production$costs$C$$432$per$ounce$(plus$10%$royalty)$ 5$

STATUS'OF'PROJECT'!  Fully$permitted,$licensed,$all$agreements$in$place.$! Mineral$Separation$Plan:$

!  Process$equipment$purchased,$fabricated$and$ready$to$deliver$on$additional$funding.$

!  Floating$pontoons$and$structure$need$to$be$fabricated$on$additional$funding.$

! Drilling$continuing.$!  70$employees$on$payroll:$6$Expatriates,$64$Mongolians.$!  Positive$cash$flow$projected$in$last$Spring$2012.$

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BUSINESS'PLAN'! Utilize$the$cash$flow$from$the$Big$Bend$Project$to$acquire$and$develop$hard$rock$and$placer$gold$mines$to$the$point$of$Project$Financing$for$each$project.$$

!  Big$Bend’s$Chief$Geologist$and$Exploration$Manager$was$Director$of$Geology$for$the$Mongolian$Government$when$Mays$came$to$Mongolia$in$1993$and$has$experience$managing$the$exploration$of$Mongolia$for$minerals.$$As$such,$we$are$in$a$unique$position$to$identify$the$best$mineral$projects$in$Mongolia$for$investment$of$the$Cash$Flow$from$Big$Bend$production.$

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ACQUISITION'TARGETS ''! BIG$BEND$is$evaluating$and$acquiring$60%$C$80%$of$two$hard$rock$gold$exploration$projects.$!  Tuv$Bumbat$–$60%$C$geophysical$exploration$by$IP$and$magnetic$survey,$surface$sampling$and$some$core$holes$indicated$an$estimated$potential$of$1.6$million$ounces$of$open$pit$mineable$resources.$

!  Guchin$Sair$–$60%$to$80%$C$geophysical$exploration$by$IP$and$magnetic$surveys,$and$surface$sampling$indicated$an$estimated$potential$of$643,000$ounces$of$open$pit$mineable$resources.$Cored$5$holes$and$waiting$on$results$from$laboratory.$

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BIG'BEND'of'the'TUUL'RIVER'WINTERTIME'

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AATA'ENVIRONMENTAL'CAMP'

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ZAAMAR'GOLD'DISTRICT'65%'MONGOL'PRODUCTION'

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BIG'BEND'MINE'BETWEEN'TWO'BIGGEST'GOLD'MINES'

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BIG'BEND'MINE'LOCATION'

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ON'THE'WAY'TO'ZAAMAR'NOVEMBER'2010'

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ENTRANCE'TO'BIG'BEND'

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2011'–'2015'MINE'PLAN'

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BIG'BEND'''''''''''''BIG'BEND'''''

'MINE'PLAN''''''''GOLD'PLACER'

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DRILLING'MINE'BLOCK'23'

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JAMSRANDORJ'CHECKING'DRILLING'AND'PLANNING'

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MODERN'EFFICIENT'DREDGES'

!  Imported$modern$Dutch$dredge$technology.$!  IHC$Hollands$Beaver$1500$Cutter$Suction$Dredges.$! More$efficient$and$cost$effective$than$Russian$bucket$line$dredges$currently$in$use$in$Mongolia.$

! Continuous$reclamation$by$pumping$the$overburden$to$dill$in$the$dredge$pond$behind$the$mining$dredge$

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IHC'HOLLANDS'CUTTER'SUCTION'DREDGE'

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IHC'MANUFACTURING'KINDERDJK,'THE'NETHERLANDS'

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PURCHASED'TWO'IHC'CUTTER'SUCTION'DREDGES'IN'EUROPE'

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TESTING'AND'DISMANTLING'ROLAND'III'–'GERMANY'2008'

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MONGOLIANS'IN'DREDGE'TRAINING'AT'IHC'HOLLANDS'

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MONGOLIANS'TRAINING'ON'CORNELIUS'DREDGE,'HOLLAND'

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50'RAIL'CARS:'DREDGES'AND'PARTS'BY'RAIL'FROM'EUROPE'

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DELIVER'BY'RAIL'TO'ULAANBAATAR,'MONGOLIA'

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75'TONNE'LOAD'TO'MINE'SITE'50'TRUCK'LOADS'TO'SITE'

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IHC'HOLLANDS'ENGINEERED'MINERAL'SEPARATION'PLANT'! Designed$to$achieve$very$high$recovery$of$find$gold.$! Designed$with$three$stages$of$jigs$and$Knelson$Concentrator$for$high$recovery.$

! Designed$by$IHC$Hollands,$premier$placer$mine$engineering$company.$$Designed$with$data$from$Big$Bend$project.$

! Process$pumps$from$Warman,$Hydraulic$from$IHC$Hollands,$Trommel$Drive$from$Siemens$

!  Jigs,$Trommel,$Pontoons$and$Structural$Steel$made$at$Erdenet$to$IHC$process$and$equipment$design.$

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JIGS'PROVIDE'BETTER'GOLD'RECOVERY'THAN'SLUICES'

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IHC'HOLLANDS'PATENTED'JIG'

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WELDING'JIGS'AT'ERDENET'

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HALF'OF'12'CELL'JIG'(6'CELLS)'MADE'AT'ERDENET'

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STRIPPING'AND'MINING'WITH'DREDGES'–'LOW'COST'MINING'

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DREDGE'MINES'SAND'TO'MINERAL'SEPARATION'PLANT'

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HYDROSEEDING'

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MULCHING'

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CRIMPING'MULCH'

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HYDR0NSEED'RECLAMATION'

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HydroCSeed$Application$(April$15,$2009)$ Fully$Reclaimed$(June$15,$2009)$$$

SAVING'TOPSOIL'

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BIG'BEND'DRILLING'AND'SAMPLING'GOLD'GRADES'

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ROLAND'III'LAUNCHED'

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ROLAND'III'STARTUP'

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MANAGEMENT'TEAM'AT'STARTUP'OF'ROLAND'III'

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CORNELIUS'READY'TO'LAUNCH'

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TOPSOIL'SAVED'–'FIRST'DREDGE'PATHS'–'READY'FOR'STRIPPING'

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DREDGES'IN'LAUNCH'PIT'READY'TO'START'STRIPPING'

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OVERVIEW:'CAMP'–'FUEL'DEPOT'

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DIESEL'–'PETROL'DEPOT'

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CAMP'CONSTRUCTION'

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CAMP'TO'BE'COMPLETED'

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W'M'MINING'INNOVATIONS'!  Introducing$improved$modern$placer$mining$technology$

!  Introducing$improved$modern$reclamation$techniques$

!  Improves$recovery$of$find$gold$!  Increases$economically$mineable$gold$resources$! Minimum$and$temporary$impact$on$the$environment$

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WALLACE'AND'GOLDEN'EAGLES'

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