Up and ComingAustralian Gold   Producer  JANUARY 2011     TSX:CRK   OTCQX:CROCF  FRANKFURT:XGC
Disclaimer   Forward Looking Statements                                                                                   ...
First World Location &Infrastructure           TSX:CRK                                   3
Mineral Reserves & Resources                                                                                   TSX:CRKNI 4...
Our Assets                                                                 TSX:CRKProduction                  Development ...
Investment Advantage                                                TSX:CRK Expanding production profile, decreasing cash...
Key Milestones                                                                           TSX:CRK                          ...
2010 – A Startup Year                                                              TSX:CRKSteady Production Throughout 201...
2011 – Growing Production Throughout the Year                                                    TSX:CRK2011 Key Catalysts...
2011 Catalysts:Production from Cosmo & Pine Creek                         TSX:CRKProduction from CosmoAdvantages High Gra...
2011 Catalysts:Increasing % of Higher Grade Mill Feed               TSX:CRKMid-2010                           Cosmo at Ful...
Cosmo/Howley Area                    TSX:CRK                              12
Cosmo/Howley Potential                                                         TSX:CRK              OPEN IN ALL DIRECTIONS...
Cosmo Planned Development                            TSX:CRK                                      14
Cosmo – East LodeExpansion Potential   TSX:CRK                                15
Cosmo – West LodeExpansion Potential   TSX:CRK                                16
Howley Open Pit Mine                                                       TSX:CRK                    Waste Dump          ...
Burnside: Howley Trend25 Kilometres of Potential                                        TSX:CRK                  25 km    ...
Burnside Geophysics:The Trend is Our Friend   TSX:CRK                                    19
Union Reefs/Pine Creek Area                              TSX:CRK                                        20
Union Reefs & Pine CreekNear Term, Low Cost Production          TSX:CRK                          New targets adjacent    ...
Union Reefs & Pine Creek                                                        TSX:CRK            Historical Production/I...
Uranium and Base Metal Targets                                                                   TSX:CRKUranium           ...
Deposit Development Sequence& Timing                                                                             TSX:CRK  ...
Undervalued when compared to  Junior Producer Peers                                                                       ...
Short to Long Term Strategy                                                         TSX:CRKShort Term Targets  Begin mini...
Management & Board                                                                 TSX:CRKManagement                      ...
Capital Structure                                                            TSX:CRKShare Structure     (at Jan 19, 2011) ...
Investor Contact Info                                                                               TSX:CRKMike Hoffman   ...
Crocodile Gold: Up and Coming Australian Gold Producer
Crocodile Gold: Up and Coming Australian Gold Producer
Crocodile Gold: Up and Coming Australian Gold Producer
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Crocodile Gold: Up and Coming Australian Gold Producer

  1. 1. Up and ComingAustralian Gold Producer JANUARY 2011 TSX:CRK OTCQX:CROCF FRANKFURT:XGC
  2. 2. Disclaimer Forward Looking Statements TSX:CRKThis presentation contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are notlimited to, statements with respect to the development potential and timetable of the projects; the Company’s ability to raise additional funds asnecessary; the future price of gold; the estimation of mineral resources; conclusions of economic evaluation (including scoping studies); therealization of mineral resource estimates; the timing and amount of estimated future production, development and exploration; costs of futureactivities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; governmentregulation of mining operations; and environmental risks. Generally, forward-looking statements can be identified by the use of forward-lookingterminology 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 statements that certain actions, events or results “may”, “could”,“would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of managementas of the date such statements are made. Estimates regarding the anticipated timing, amount and cost of mining at the projects are based onassumptions underlying mineral resource estimates and the realization of such estimates; results of previous mining activities at the projects, anddetailed research and analysis completed by independent of the Company; research and estimates regarding the timing of delivery for long-leaditems; knowledge regarding the factors consultants and management involved in building a mine and other factors described in the technicalreports and Annual Information Form filed under the profile of the Company on SEDAR. Capital and operating cost estimates are based on resultsof previous mining activities, research of the Company and independent consultants, recent estimates of construction and mining costs and otherfactors that are set out in the scoping study. Production estimates are based on mine plans and production schedules, which have been developedby the Company’s personnel and independent consultants. Forward-looking statements are subject to known and unknown risks, uncertainties andother factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from thoseexpressed or implied by such forward-looking statements, including but not limited to risks related to: timing and availability of external financingon acceptable terms; unexpected events and delays during construction, expansion and start-up; variations in ore grade and recovery rates;receipt and revocation of government approvals; actual results of exploration and mining activities; changes in project parameters as planscontinue to be refined; future prices of gold; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and otherrisks of the mining industry. Although management of the Company has attempted to identify important factors that could cause actual results todiffer materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated,estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differmaterially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. TheCompany does not undertake to update any forward-looking statements except in accordance with applicable securities laws.Investors are advised that National Instrument NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reservesand mineral resources be reported separately. Mineral resources that are not mineral reserves do not have demonstrated economic viability.Qualified PersonDavid Keough, MAusIMM of Crocodile Gold Australia Operations is a “qualified person” as such term is defined in National Instrument 43-101 andhas reviewed and confirmed the technical information and data included in this presentation.Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated or Inferred ResourcesThe information presented uses the terms “measured”, “indicated” and “inferred” mineral resources. United States investors are advised that whilesuch terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize theseterms. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. Itcannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimatesof inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assumethat all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are alsocautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. 2
  3. 3. First World Location &Infrastructure TSX:CRK 3
  4. 4. Mineral Reserves & Resources TSX:CRKNI 43-101 RESOURCES Tonnes Grade Gold ounces (million) (g/t) (million) Measured & 57 1.9 3.5 Indicated* Inferred 38 1.8 2.2 * 2010 Reserve/Resource Update expected in February 2011NOTES:* Includes probable reserves of 545,000 oz at 4.5 g/t- Iron Blow inferred resource also contains: 10 million oz Ag, 53 million lbs Pb, 230 million lbs Zn, 13 million lbs Cu- Calculated at a gold price of AUS$750 per ounce and as of January 25, 2010 except PineCreek and Mt. Bundy calculated at a gold price of AUS$1100 per ounce as of October 14, 42010 and December 2, 2010, respectively
  5. 5. Our Assets TSX:CRKProduction Development MillsHowley Cosmo Union Reefs Mill  open pit mine  underground mine  2.4 mtpyBrocks Creek  production expected  in operation mid-2011  high grade Tom’s Gully Mill underground mine Pine Creek  240,000 tpyNorth Point  open pit mine  open pit mine  production expected  oxide, low strip ratio early-2011  dry season operation (Apr – Nov)Princess Louise Exploration Potential  open pit mine  dry season operation >2,500 km2 (Apr – Nov) 5
  6. 6. Investment Advantage TSX:CRK Expanding production profile, decreasing cash costs Outstanding potential to discover additional resources Focus on Cosmo/Howley corridor and Pine Creek/Union Reefs area Infrastructure replacement value = $200M Adjacent to major highway and utilities Q3 2010: First Quarter of Commercial Production Net Earnings of $2.4M + Operating Cash Flow of $3.6M 6
  7. 7. Key Milestones TSX:CRK 2011 Production at Cosmo Production at Pine Creek 2010 Production of 81,800 oz 2010 Net Earnings of $2.4M in Q3 (1st Full Quarter of Commercial Production) Declared Commercial Production (June) First Gold Pour (Dec) 2009 Commenced Mining & Milling (Nov) Began Trading on TSX (Nov) Acquired Assets (Mar) 7
  8. 8. 2010 – A Startup Year TSX:CRKSteady Production Throughout 2010 SinceCommercial Production Declared Mill throughput over 185,000 tonnes/month Recovery over 90% Monthly production average over 8,000 oz since commercial production declared Production Sources Major Capital Investments Open Pits: Howley, North Point, Exploration Princess Louise Union Reefs Mill rehabilitation Underground: Brocks Creek Cosmo underground developmentProduction2010 Production of 81,800 ounces of gold 8
  9. 9. 2011 – Growing Production Throughout the Year TSX:CRK2011 Key Catalysts Production from Cosmo • Expected mid-2011 • Annualized run rate of 100,000 oz/year at full production Production from Pine Creek Increasing percentage of high grade mill feed throughout the year 2011/2012 2011 Production 2011 Major Guidance Sources Capital Open Pits: Howley, InvestmentsOfficial guidance and cost Princess Louise, Pine projection expected in Exploration Creek/Union Reefs area Q1 2011 Underground: Cosmo, Cosmo underground Brocks Creek 9
  10. 10. 2011 Catalysts:Production from Cosmo & Pine Creek TSX:CRKProduction from CosmoAdvantages High Grade Ore • Current Average Head Grade = 1.5 g/t Au • Cosmo Average Grade = 4 g/t Au Significant Production Source Higher • Annualized Production of 100,000 oz/year Production at full production +Production from Pine Creek Lower CashAdvantages Costs Close to Union Reefs Mill • Current Average Distance from Production Sources to Mill = 80 km • Pine Creek Distance to Mill = within 20 km Significant Potential to Increase Resources 10
  11. 11. 2011 Catalysts:Increasing % of Higher Grade Mill Feed TSX:CRKMid-2010 Cosmo at Full Production(Commercial Production Declared)~5% Higher Grade Ore ~40% Higher Grade Ore~95% Lower Grade Ore ~60% Lower Grade Ore Lower Higher Production Production + + Higher Cash Lower Cash Costs Costs 11
  12. 12. Cosmo/Howley Area TSX:CRK 12
  13. 13. Cosmo/Howley Potential TSX:CRK OPEN IN ALL DIRECTIONS 5 km OPEN OPENOPEN OPEN OPEN M&I: 670,000 oz M&I: 566,545 oz Inf: 570,000 oz Inf: 257,361 oz * Resources include reserves 13
  14. 14. Cosmo Planned Development TSX:CRK 14
  15. 15. Cosmo – East LodeExpansion Potential TSX:CRK 15
  16. 16. Cosmo – West LodeExpansion Potential TSX:CRK 16
  17. 17. Howley Open Pit Mine TSX:CRK Waste Dump Howley Pit Drill Pads Cosmo 1km Future Pit Expansion Drill Pads Ore Stockpile 17
  18. 18. Burnside: Howley Trend25 Kilometres of Potential TSX:CRK 25 km mineralized trend * Resources include reserves 18
  19. 19. Burnside Geophysics:The Trend is Our Friend TSX:CRK 19
  20. 20. Union Reefs/Pine Creek Area TSX:CRK 20
  21. 21. Union Reefs & Pine CreekNear Term, Low Cost Production TSX:CRK  New targets adjacent to Union Reefs Mill  Potential for near term, low cost production  Currently prioritizing targets  Potential production early 2011  Pine Creek indicated resource increase from 69,600 oz to 288,600 oz 21
  22. 22. Union Reefs & Pine Creek TSX:CRK Historical Production/Intercepts: Union Reefs = 800,000 oz Au Pine Creek = 750,000 oz Au Significant potential to increase existing resources Union North: 3m @ 24.56 g/t Au Lady Alice: 5m @ 31.97 g/t Au 3m @ 45.10 g/t Au Prospect Claim: 3m @ 37.50 g/t Au Crosscourse – “Cosmo” scale target: 11m @ 6.60g/t Au 19m @ 10.62 g/t Au 36m @ 4.10 g/t Au 9m @ 24.40 g/t Au 16m @ 6.00 g/t Au 9m @ 4.00 g/t Au 22
  23. 23. Uranium and Base Metal Targets TSX:CRKUranium Base MetalsTwo JV partners: Significant upside for base Thundelarra Exploration metal targets on (ASX:THX) tenements Rum Jungle Uranium Iron Blow Inferred Resource (ASX:RUM)Highlights:  210,000 oz Au Thundelarra’s Thunderball  10Moz Ag uranium target:  53 Mlbs Pb 20.3% U3O8 over 1 m  230 Mlbs Zn Thundelarra recently  13 Mlbs Cu intersected 4.96 g/t Au over (3,174,876 tonnes grading 2.08 g/t Au, 12 m on North Point/ 100.9 g/t Ag, 0.76% Pb, 3.28% Zn and Princess Louise trend 0.19% Cu) 23
  24. 24. Deposit Development Sequence& Timing TSX:CRK 2011 2012 2013 2014 Howley Cosmo Brocks Creek North Point/Princess Louise Pine Creek North (International, Gandys) Pine Creek South(Kohinoor, South Enterprise, Cox) Kazi & Bons Rush Bridge Creek, Western Arm Esmeralda 24 Based on current reserves and resources
  25. 25. Undervalued when compared to Junior Producer Peers TSX:CRK $600 KCN EV/oz Au Producer Average $500 = $US 134/oz SMF $400 Crocodile Gold EV/oz Au (US$/oz) = $US 59/oz $300 AGI HRG $200 GAM ORA NGD ARZ AVO AVM GSC MFL Average RSG $100 EDV ALD JAG OGC ANV CLF P CRK NGX RML $0 0 5,000 10,000 15,000 20,000Source: NBF Total Resources (Moz Au) 25Updated as at Jan 17, 2011
  26. 26. Short to Long Term Strategy TSX:CRKShort Term Targets  Begin mining at Pine Creek  Start production at Cosmo  Continue to review Mt. Bundy project areaMedium Term Targets  Expand reserve/resource at Cosmo  Establish new lower cost mining areas at Pine Creek/Union Reefs  Continue to evaluate potential of Cosmo Howley MillLong Term Targets  Explore to add meaningful increase to resource base  Expand overall production 26
  27. 27. Management & Board TSX:CRKManagement Board of Directors*Mike Hoffman, P.Eng. Stan Bharti, P.Eng. President and Chief Executive Officer Chairman*David Keough George Faught, CA Chief Operating Officer *Mike Hoffman, P.Eng.*Brad Boland Chief Financial Officer *Bruce Humphrey, P.Eng. Peter Tagliamonte, P.Eng.*All previously employed at Goldcorp 27
  28. 28. Capital Structure TSX:CRKShare Structure (at Jan 19, 2011) Major ShareholdersTSX:CRK ResoluteShares Issued & 228,770,061 LuxorOutstanding LibraWarrants 22,924,116 RBCOptions 12,733,454 Management & InsidersFully Diluted 264,427,631 $1.65Market Capitalization $316 million $1.55(at Jan 17, 2011) $1.45 $1.35Analyst Coverage $1.25 $1.15Mike Kozak Cormark Securities $1.05Mike Starogiannis Fraser Mackenzie $0.95Gary Baschuk Raymond JamesBrian Mok Union Securities 28
  29. 29. Investor Contact Info TSX:CRKMike Hoffman Ashleigh ClellandPresident and CEO Manager, Investor Relations416-861-2964 416-861-5899mhoffman@crocgold.com aclelland@crocgold.com www.crocgold.com Union Reefs MillA Member of the Forbes & Manhattan Group of Companies 29

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