July 2011 - Sulliden Corporate Presentation

An Emerging Gold Producer in Peru SUE:TSX, SDDDF:OTCQXCorporate Presentation - July 2011 www.sulliden.com

Forward-Looking Statements Caution regarding forward-looking information: This presentation may include certain “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements other than statements of historical fact, included herein, including, without limitation, statements regarding future plans and objectives of the company and the prospective mineralization of the properties, are forward-looking statements that involve various risks, assumptions, estimates and uncertainties. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is subject to known and unknown risks, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; acquisition risks; and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. These statements reflect the current internal projections, expectations or beliefs of Sulliden Gold Corporation Ltd. (“the company”) and are based on information currently available to the company. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. This presentation does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. The technical contents of this presentation was reviewed by Stéphane Amireault, P.Eng., Vice President, Exploration for Sulliden Gold Corporation Ltd. Mr. Amireault is the Qualified Person responsible for the management of the exploration program and disclosure of the drill results as defined by National Instrument 43-101. The Preliminary Assessment (PA) is preliminary in nature and includes inferred resources that are too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the P.A. will be realized.2 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Located in Prolific Gold Belt The Shahuindo Gold Project is located in a low cost gold belt in Peru3 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Shahuindo PropertyIdeal Infrastructure & Logistics  Excellent infrastructure  +/- 2900 metre elevation  Experienced labor force  Access to water and power4 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Continuing Resource Growth 1992 744 metres (Algamarca) Accumulated Drilling 1994-96 + 12,175 metres (Asarco) New Drilling 1997-98 + 11,660 metres (Southern Peru Copper) 2003-07 + 15,034 metres (Sulliden - 1st gen.) 2009 + 5,843 metres (Sulliden – New Management) 2010 + 34,339 metres 2011 + 70,000 metres 2012+ + 80,000 metres 0 50,000 100,000 150,000 200,000 250,000 300,0005 www.sulliden.com TSX: SUE | OTCQX: SDDDF

June 2011 Mineral Resource INDICATED MINERAL RESOURCES Gold Oz. Gold (g/t) Silver Oz. Silver (g/t) Tonnes Oxide (Reported at 0.2 g/t cut-off) 1,776,000 0.50 21,350,000 6.0 111,430,000 Mixed* (Reported at 0.35 g/t cut-off) 195,000 0.78 6,630,000 26.6 7,750,000 Total 1,971,000 0.52 27,980,000 7.3 119,180,000 2009 Mineral Resource Comparison 890,000 0.59 21,400,000 14.3 46,500,000 INFERRED MINERAL RESOURCES Gold Oz. Gold (g/t) Silver Oz. Silver (g/t) Tonnes Oxide (Reported at 0.2 g/t cut-off) 228,000 0.37 2,270,000 3.6 19,390,000 Mixed* (Reported at 0.35 g/t cut-off) 16,000 0.69 240,000 10.7 710,000 Sulphide (Reported at 0.5 g/t cut-off) 1,192,000 0.89 36,070,000 26.3 42,730,000 Total 1,436,000 0.73 38,580,000 19.5 62,830,000 2009 Mineral Resource Comparison 290,000 0.50 3,500,000 6.1 18,000,000 *Indicated and Inferred Mixed zone represents the oxide portion of the mixed material only6 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Metallurgical Recoveries Gold/Silver Mineral Oxide Testwork 2011 Feasibility-level metallurgical test work results:  89% gold recoveries  15% silver recoveries Sulphide Test Program Initiated, due Q4-2011, Q1-2012  Scoping-level metallurgical test work and flow sheet models on sulphides7 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Promising Exploration Targets2011 and Beyond8 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Promising Exploration TargetsSoil Sample Mapping9 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Continuing Resource Growth Geological Model of Shahuindo C (See cross-section on slide 8) D Average drill depth = 110 metres Mineralization has reached 400m so far, and could potentially extend to depths of +600m10 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Continuing Resource Growth Exciting Growth Potential for Sulphides at Depth (See longitudinal-section on slide 8)  Sulphide portion of the mineral deposit is beginning to develop  One hole drilled to 400m confirmed sulphide mineralization at depth  Dedicated deep hole drill currently testing sulphides at depth along Central Corridor  Sulfide mineral resources are a regional trend: Newmont’s Yanacocha: Producing +/-25% gold from sulphides Barrick’s Lagunas Norte: Feasibility Study currently being conducted on sulphides11 www.sulliden.com TSX: SUE | OTCQX: SDDDF

2011 Drill Result Examples12 www.sulliden.com TSX: SUE | OTCQX: SDDDF

2011 Drill Results – East Zone Section 1050E13 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Grade Reconciliation Programs 1 2 3 1. Perpendicular Drill Program (V035) Will aim to assess swarms of high-grade veins running parallel to the typical drilling direction. 2. PQ Twinning Program 20 large diameter holes twinning historical RC holes are currently being drilled to assess a grade-loss issue due to the fine grain gold found in the matrix of the rock 3. Grade Improvement During Mining Regional producing mines experience a 10% - 35% higher head grade during mining compared to the mineral resource estimate14 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Engineering PA Results and Feasibility Study Projections Preliminary Assessment Results Feasibility Study Expected in December 2009 September 2011 Oxide Mineral Resources Only Oxide Mineral Resources Only  $403/oz. cash operating costs  < $400/oz. cash costs  105,000oz. gold eq. per year  +/- 150,000oz. gold eq. per year  $150M-$180M CAPEX  $89.4 million CAPEX (includes a 20% contingency)  830,000oz indicated Gold oz.  1,971,000 oz indicated Gold oz.  280,000oz inferred Gold oz.  244,000 oz inferred Gold oz.  7 year mine life  +/- 10 year mine life  80% Gold Recovery  +85% Gold Recovery *Please see cautionary note regarding the PA on slide 215 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Straightforward Processing Heap Leach Process Flow Diagram 15,000 - 22,000 tpd ADR Plant Open Pit Mine (Adsorption Desorption Reactivation) Heap Leach Processing (85% recovery)16 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Timeline to Production Near-Term Production & Continued Exploration17 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Company Profile TSX:SUE Capital Structure (as at June 30, 2011) Analyst Coverage Share Price $1.72 Gary Baschuk 52-week High/Low $2.78 - $0.50 Steve Parsons Average Daily Volume (3 month) 1.2 million Shares Outstanding: 211 million Richard Gray Fully Diluted 227 million Kerry Smith Market Capitalization $360 million Michael Starogiannis Balance Sheet (as at Jan 31, 2011) Shane Nagle Cash ~$45 million George Albino Debt None18 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Catalystic Events 2011 Strategy  New Mineral Resource Estimate June 2011  Feasibility level metallurgical test results June 2011  Initial Feasibility Study By end of 2011  Ongoing drill results Every 3-4 weeks  Deep sulphide hole results Q3, 2011  Listing on the Lima stock exchange (BVL) September 2011  North Corridor drilling results Fall 2011  Scoping level met test and flow sheet on sulphides Q1, 2012 * Dates are approximate and based on management expectation at time of this presentation19 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Appendix20 www.sulliden.com TSX: SUE | OTCQX: SDDDF

About Peru  Population of Peru: 29 million (voting population: 19.5 million)  One of the fastest growing economies in Latin America  For more than 8 years, Peru’s economy has been growing at a rate of 7-8%. In 2010, it grew at the 2nd fastest pace in 16 years (8.7%), with mining investments bringing in +/- $7 billion in foreign direct investments.  Low national debt  20% of labour force is directly employed by the mining sector  Mining sector a big contributor to Peru’s economy:  #1 Silver producer in the world (16%)  #2 Copper producer in the world (7%)  #2 Zinc producer in the world (12%)  #6 Gold producer in the world (9%)21 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Presidential Elections 2011 Ollanta Humala, President-elect, 2011-2016  Previously served as an army officer  Desire to help to create a more equitable framework for distributing the wealth from the countrys key natural resources, with the goal of maintaining foreign investment and economic growth in the country and working to improve the condition of an impoverished majority. 130 Seat Congress, 2011-2016  Peru is divided in 26 electoral districts, each district has at least one seat (or more according to its population) - “Win Peru” (Ollanta Humala): 47 seats - “Force 2011” (Keiko Fujimori): 37 seats - “Possible Peru” (Alejandro Toledo): 21 seats - “Alliance for the Great Change” (Pedro Pablo Kuczynski): 12 seats - “Alliance National Solidarity” (Luis Castañeda): 9 seats - “American Popular Revolutionary Alliance”: 4 seats22 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Management & Board Sulliden Management Team Board of Directors Peter Tagliamonte, P.Eng. MBA, President & CEO Stan Bharti, P.Eng, Chairman Professional Engineer with 25 years experience in Mine Building and Mr. Bharti is a professional engineer and the President and CEO of Forbes & Operations with extensive experience in Central and South America. Manhattan, Inc., a private merchant bank operating in Canada, the United States Former CEO of Central Sun Mining and COO of Desert Sun Mining. and Western Europe Joe Milbourne, FAusIMM, VP Operations&Tech. Services James H. Coleman, L.L.B., B.B.A., Director Metallurgist with over 30 years experience in Central and South America. Mr. Coleman is a Senior Partner of Macleod Dixon, Barristers & Solicitors and Former head of process engineering at AMEC Mining and Metals. has extensive experience in international law focused on the energy and International experience with BHP , Eldorado and Cominco. resource sectors. Denis C. Arsenault, CA, Chief Financial Officer Len Harris, P.Eng, Director Mr. Arsenault is a Chartered Accountant with over 27 years of Mr. Harris’ experience in the mining industry spans over five decades. He has professional experience who has held senior financial positions in the held several prominent positions with major gold companies including Newmont mining sector. and has chaired many industry standards organizations. Stéphane Amireault, MScA., P.Eng. VP Exploration Bruce Humphrey, P.Eng., Director Professional engineer with over 20 years experience in gold exploration. Mr. Humphrey is a mining engineer with 30 years experience in the mining Extensive experience in Central and South America particularly in Peru. industry. Scott Moore, MBA, VP Corporate Development George Faught, Director Finance executive with over 20 years in the resource sector. He holds a Mr. Faught is a Chartered Accountant with over 25 years of senior management MBA from the Kellogg School of Management. experience. Javier Fernandez-Concha, L.L.B , GM Peru Don Dudek, Director Mr. Javier Stucker holds a Masters Degree in Jurisdictional Politics. He Mr. Dudek an exploration geologist with over 30 years of professional has extensive experience in law and business. experience who has held, and continued to hold senior positions in the mining Caroline Arsenault, Investor Relations Manager sector. Ms. Arsenault has been working in the mining industry for several years, Peter Tagliamonte, Director previously as the Investor Relations Manager for Central Sun Mining. President and CEO of Sulliden. Former CEO of Central Sun Mining and COO of Patrick Gleeson, Corporate Secretary Desert Sun Mining. Mr. Gleeson holds a J.D. and M.A. from the University of Toronto and a B.A. from Queen’s University in Ontario.23 www.sulliden.com TSX: SUE | OTCQX: SDDDF

Sulliden Gold Corporation Ltd. 65 Queen Street West, Suite 800 Toronto, Ontario M5H 2M5 Tel: +1 (416) 861-5805 Fax: +1 (416) 861-8165 Email: contact@sulliden.comThank You Web: www.sulliden.com For additional information please contact: Peter Tagliamonte, President and CEO Scott Moore, VP Corporate Development Caroline Arsenault, Manager, Investor Relations

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July 2011 - Sulliden Corporate Presentation

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