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old & Base Metal Targets in the Dominican Republ Energold Mining Ltd. H. Walter Sellmer, President Frederick W. Davidson, CFO EGD-V

Gold & Base Metal Targets in the Dominican Republic

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Gold & Base Metal Targets in the Dominican Republic. Energold Mining Ltd. H. Walter Sellmer, President Frederick W. Davidson, CFO. EGD-V. Energold Mining Ltd. VSE-listed junior 14.3 M shares (17.4 M fully diluted) past year hi-low: $0.90-$0.30 Current Assets: $2.25 M. - PowerPoint PPT Presentation

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Page 1: Gold & Base Metal Targets in the Dominican Republic

Gold & Base Metal Targets in the Dominican Republic

Energold Mining Ltd.H. Walter Sellmer, PresidentFrederick W. Davidson, CFO

EGD-V

Page 2: Gold & Base Metal Targets in the Dominican Republic

Energold Mining Ltd.

• VSE-listed junior

• 14.3 M shares (17.4 M fully diluted)

• past year hi-low: $0.90-$0.30

• Current Assets: $2.25 M

Jan. 15, 1998 to Jan.15, 1999 share price

Page 3: Gold & Base Metal Targets in the Dominican Republic

The Dominican Republic• The D.R.

hosts the world class Pueblo Viejo gold deposit

• EGD has been active in the D.R. for the last 3 years

Page 4: Gold & Base Metal Targets in the Dominican Republic

Longyear Concession

• Oxide gold target

• Held by Casa Real, S.A., a 100% EGD-owned Dominican company

Page 5: Gold & Base Metal Targets in the Dominican Republic

Longyear Concession

Page 6: Gold & Base Metal Targets in the Dominican Republic

Longyear Concession

Page 7: Gold & Base Metal Targets in the Dominican Republic

Longyear Concession

Page 8: Gold & Base Metal Targets in the Dominican Republic

Longyear Concession

• 700 x 1600 meter >50 ppb gold in soil anomaly• soil & rock anomalies underlain by strong IP/Resistivity

anomalies• >245 outcrop, pit & trench samples average >1 g/t gold over a

300 x 700 meter area• the first 400 m of trenching shows multi-gram gold values

over 5 to 25 m, in longer sections averaging > 1 g/t gold• 1000 meter diamond drill program to assess the oxide gold

potential is underway

Page 9: Gold & Base Metal Targets in the Dominican Republic

San Antonio I Concession• Gold-rich

VMS target

• Held by Minera Hispaniola, S.A., a 100% EGD-owned Dominican company

• Property optioned to ATNA Resources Ltd.

Page 10: Gold & Base Metal Targets in the Dominican Republic

San Antonio I Concession

Page 11: Gold & Base Metal Targets in the Dominican Republic

San Antonio I Concession

• Gold & copper in soil & rock anomalies over a 6.5 km strike length

• IP/Resistivity anomalies coincident with soil anomalies

• Previous drilling intersected massive sulphide grading 1.18% copper, 0.53% zinc, 0.7 g/t gold & 9 g/t silver over 15.6 meters

• Surface program underway, 2000 meter drill program with J.V. partner Atna Resources planned for early spring

Page 12: Gold & Base Metal Targets in the Dominican Republic

Baritina Concession• Structurally

hosted gold-silver-zinc target

• Held by Minera Monte Plata, S.A.

• EGD holds a 60% back-in to MMP

Page 13: Gold & Base Metal Targets in the Dominican Republic

Baritina Concession

Page 14: Gold & Base Metal Targets in the Dominican Republic

Baritina Concession• Four mineralized zones have been identified in a 0.5 x 1.4

km area

• Structural component recognized, with mineralization at the intersection of NW and NE trending structures

• Preliminary surface results include 1.8 g/t gold, 36.4 g/t silver and 0.72% zinc over 32 meters and 5.6 g/t gold over 2 meters

• Work to date indicates further surface work is warranted to

assess this high-quality target prior to drilling

Page 15: Gold & Base Metal Targets in the Dominican Republic

Rey Midas Concession• High

sulphidation epithermal gold target

• Held by Actividades Mineras, S.A.

• EGD has a right to earn 60% of AMSA

Page 16: Gold & Base Metal Targets in the Dominican Republic

Rey Midas Concession

Page 17: Gold & Base Metal Targets in the Dominican Republic

Rey Midas Concession

• Mineralization at Rey Midas occurs along strike from the Managua Project, with a mineral inventory of 6 Mt grading 0.81% copper, 2.2 g/t gold, 5.7 g/t silver

• Pyritic sediments of the Pueblo Viejo Member of the Los Ranchos Formation crop out at Rey Midas

• High sulphidation epithermal alteration assemblage is present at Rey Midas

• Further surface work required prior to drilling testing this high sulphidation epithermal gold target

Page 18: Gold & Base Metal Targets in the Dominican Republic

Summary• EGD holds a

strategic land position in the D.R., with gold & base metal targets

• Drilling is underway at

Longyear & planned for early spring

at San Antonio I