Title: Golden Eagles Precambrian Properties at Buen Futuro, Santa Cruz,, Bolivia
1Golden Eagles Precambrian Properties at Buen
Futuro, Santa Cruz,, Bolivia
2Forward-Looking Statements and Disclosure of
Risk Certain statements contained in this
presentation may contain forward-looking
statements in accordance with the Private
Securities Reform Act of 1995. These statements,
may include, but are not limited to, words such
as "may," "expects to," "projects," "estimates,"
"plans," and other terms denoting future
possibilities. The accuracy of these statements
cannot be guaranteed as they are subject to a
variety of risks that are beyond Golden Eagle's
ability to predict or control and which may cause
actual results to differ materially from the
projections or estimates contained herein. These
risks include, but are not limited to, the risks
described in this presentation, those risks set
out in Golden Eagle's disclosure documents and
its annual, quarterly and current reports and
the other risks associated with start-up mineral
exploration operations with insufficient
liquidity, negative working capital, and no
historical profitability. Golden Eagle disclaims
any obligation to update any forward-looking
statement made herein.
3Santa Cruz Precambrian Property Buen Futuro
Acquisition
Cangalli
Precambrian Properties
4Buen Futuro concession sitting in the middle of
Golden Eagles previous concessions in Bolivias
Precambrian Shield
5Buen Futuro Miguela
6How the Buen Futuro Acquisition Adds Value to
Golden Eagle
An Incredible Opportunity The Buen Futuro
acquisition was a momentary opportunity that
Golden Eagle had to seize or loose. We could
not afford to loose it.
Possibility of Reserves Quickly. The Buen Futuro
compliments Golden Eagles efforts in the Tipuani
Gold Mining District by adding additional
credibility to the Company through the possible
estimation of important gold and copper reserves
at Buen Futuro in the very short term. Buen
Futuro has geological reports, metallurgical
reports, drill data, sampling data, geochemical
and geophysical studies worth a minimum of 2
million, that would cost us today a minimum of
5 million to recreate
- 500 miles of explorations trails
- IP and HLEM surveys identifying other ore
bodies - 21,000 samples assays
- 8,400 feet of auger drilling
- 11,000 feet of reverse circulation drilling
- 27,000 feet of diamond core drilling
- Eight miles of trenches
- 5,500 trench samples
7Possibility of Debt Financing and Cash Flow
Reserves are the key to debt-financing a
profitable operation in the Ascension Gold/Copper
Trend, and slowing the ongoing equity dilution to
our shareholders. Cash generated from operations
in the Ascension Trend will be used in the
further expansion and development of the
Companys deposits in the Tipuani Gold District
that are less-well understood by the world.
Unlocks the Entire Ascension Gold/Copper
Trend The Buen Futuro acquisition is the key to
unlocking the potential of the entire Ascension
Gold/Copper Trend.
- Possibility of Low Cost Mining Processing
- The gold/copper deposits on the Buen Futuro
are suitable for highly cost effective open pit
mining and inexpensive heap leaching in
other words, cheaper mining. - The ore weathering allows the use of the
free-dig mining method employing dozer rippers
instead of explosives in the oxide level and
partially in the supergene level. - Decreased Stripping. Where the free-dig
mining method is used, steeper pit walls can be
employed decreasing any strip ratio
substantially, and allowing the mining of a very
high percentage of ore. - Cheap Ore Processing. The ore does not have
to be subjected to an expensive crush/grind
circuit and can be broken with inexpensive
hammer milling.
- Ideal Ore Metallurgy
- Acid consumption ratios for both gold and
copper are estimated to be very low, further
keeping costs down.
8Reverse Circulation Drilling Trench Excavations
Provided Invaluable Information Regarding the
Buen Futuro Claim and the Ascension Gold/Copper
Trend
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11Diamond reverse circulation drilling were used
to delineate the Buen Futuro ore bodies
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13Diamond Drill Core Samples
14Field work at Buen Futuro
15Artist Rendering of Buen Futuro Projected Open
Pit Mines Gold Copper Heap Leaching Operation
16Projected Copper Cathodes from Potential Buen
Futuro Plant
17Projected Final Product Potential at Buen Futuro
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you!