Atlanta Gold Inc (TSXV: ATG) - Feb 2014

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Atlanta Gold Inc. (TSX.V: ATG; OTCQX: ATLDF) trades in the United States on OTCQX under the symbol “ATLDF”. A mineral exploration and development company with current operations focused in the western United States and eastern Canada. Currently the Company's principal asset is the Atlanta gold project located in Elmore County, Idaho.

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Atlanta Gold Inc (TSXV: ATG) - Feb 2014

  1. 1. TSX Venture Exchange: ATG February 2014 Heading Towards Production Corporate Presentation
  2. 2. Forward Looking Statement  This presentation includes “forward-looking information” and “forward looking statements”(“forward-looking statements”) within the meaning of applicable securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements included herein are with respect to resource estimates and exploration targets and the potential for the discovery of additional gold deposits; the initiation and outcome of test-mining and processing and the ability to generate cash therefrom; the securing of requisite production permits and the completion of the matters identified under “Timelines”and the respective timing thereof; and the approval of the Idaho Court to the payment plan for the Clean Water Act penalty. Such are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. These assumptions include the accuracy of historical records, the accuracy of the Company’s resource estimates and the geological, metallurgical and price assumptions on which they are based, the availability of adequate financing on a timely basis, and the ability to achieve operating cost estimates and to complete outstanding environmental litigation. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Risks and uncertainties that may cause actual results to differ materially include, but are not limited to, the speculative nature of mineral exploration, development and mining (including uncertainties with respect to the interpretation of geology, continuity, size and grade estimates and the recoverability of mineral reserves and resources); the Company’s limited financial resources and the delay or inability to obtain additional financing on satisfactory terms; the delay or inability to resolve the environmental litigation on satisfactory terms and to comply with the terms thereof; operational and technical difficulties which could increase development and operating costs; risks associated with the business of mineral exploration, development and mining, including the ability to obtain requisite permits and licenses, environmental, health and safety hazards, fluctuations in resource prices and currency exchange rates and changes in government regulations; changes in general economic and financial market conditions; as well as other risks and uncertainties identified in the Company’s filings available at www.sedar.com. Should any of the risks or uncertainties materialize or should any of the assumptions prove to be incorrect, then actual results could vary materially from those expressed or implied in the forward-looking statements and you should not place undue reliance on such statements.  The mineral resource estimates included herein were prepared in accordance with the requirements of Canadian securities regulatory authorities which differ significantly from those of the United States Securities and Exchange Commission. The SEC applies different standards in order to classify mineralization as a reserve and does not recognize the terms “measured, indicated and inferred resources” and you should not assume that all or any part of the mineral deposits in these categories constitute or will ever be converted into reserves. Inferred resources have a great amount of uncertainty as to their existence and economic feasibility and it cannot be assumed that all or any part of an inferred mineral resource will be upgraded to a higher category. February 2014 2TSX Venture: ATG
  3. 3. Highlights  Atlanta Gold Property is located 60 air miles from Boise, Idaho  Historic mining of 344,000 AuEq oz at cut-off grades above 0.4 opt (13.7 gpt) Au  NI 43-101 (January 2012) Resource Estimate based on a gold price of US$1,419.00 and silver of US$28.18 per oz:  785,000 AuEq oz Indicated and 397,300 AuEq oz Inferred with average grade of 3.86 gpt AuEq  752,000 oz Au Indicated and 385,900 Au oz Inferred  Near-Term Production Plan (24 months)  Initiate test-mining and processing in 2013 / 2014  Achieve Permits required to allow production  Long-Term (beyond 24 months)  Expand plant output  Continue definition of additional resource to extend mine life (+20 years)  Continue to build a reputation for innovation and environmental excellence  Year round county-maintained road access  Access to a pool of experienced mining and processing personnel TSX Venture: ATG 3February 2014
  4. 4. Capital Structure 4TSX Venture: ATG TSXV Symbol: ATG Share Price (February 26, 2014): $0.05 52 Week High/Low: $0.05 / $0.01 Shares Outstanding: 257.4 Million Convertible Debenture 30.0 Million Warrants: 59.7 Million Options: 4.1 Million Fully Diluted: 385.9 Million Market Capitalization: $12.9 Million Institutional Ownership: 32.9 Million Management Ownership: 35.2 Million Major Shareholder Sprott Asset Management February 2014
  5. 5. Board and Management James Gray, Chairman • 50 years experience in oil and gas industry; formerly a co-founder of Canadian Hunter Exploration Ltd.; Director of Brookfield Asset Management Inc., Cequence Energy Ltd. and PHX Energy Services Corp. Allan Folk, Vice Chairman and Director • 30 years experience in the investment industry; Vice President of Brant Securities Limited Warren Holmes, Director • 40 years mining experience; former executive with Noranda Mines Ltd. and Falconbridge Limited; Director of Wallbridge Mining Company Limited, and HudBay Minerals Inc., lead director of Foraco International SA Ernest Simmons, President & CEO and Director • Prior to his promotion in June 2012 to CEO, he served as Chief Operating Officer and Vice President of Mining for the Company. Mr. Simmons has 40 years of mining industry experience with a long history in the Canadian, U.S. and Mongolian mining industry as a miner, supervisor, manager and corporate director. Mr. Simmons is a graduate of the Haileybury School of Mines and Regis University, Denver and has been with the Company since January 2008 William Baird, Vice President, CFO and Director • 30 years senior experience with several mining and exploration and mining companies including Teck Resources Limited Eric Berentsen, Director • 30 years experience as a geologist; President of Jipangu Exploration Inc.; formerly senior geologist with Placer Dome Inc., Apollo Gold Inc. and Getchell Gold Corp John Jackson, Director • Founded Jacksons Food Stores, Inc. a nationally recognized chain of 205 branded convenience stores. Owns and operates Jackson Oil and Capitol Distributing. Jackson Oil is a wholesale and transportation company delivering fuel to over 600 branded retail locations. Capitol Distributing is a grocery wholesaler that delivers merchandise to over 400 convenience store locations. TSX Venture: ATG 5February 2014
  6. 6. Atlanta Gold Project Site - 2,159 acre 6TSX Venture: ATGFebruary 2014
  7. 7. NI 43-101 Open-Pit Resource Estimate as of January 31, 2012 TSX Venture: ATG 7 GOLD SILVER GOLD EQUIVALENT Component % Cut-Off Grade (gpt Au) Grade Ounces of Gold ('000) Grade Ounces of Silver ('000) Ounces of Silver as Gold Equivalent 000's Gold Equivalent Grade (gpt AuEq) Total Equivalent Ounces of Gold Tons ('000) Grams Per Tonne Au Grams Per Tonne Ag OPEN-PIT Indicated 7,140 1.20 3.13 652.4 0.14 1,566.4 29.6 3.28 682.0 77.7% Inferred 1,478 1.20 4.36 188.2 9.43 406.5 7.8 4.55 196.0 22.3% Average grade of Open-Pit Indicated resource >3.00 gpt Au or AuEq February 2014
  8. 8. Plan Going Forward Test mine on a small scale while permitting the total project  Permitting of the total project will take ~ 2 years  Bulk sampling and test processing on a small scale through 2013 and 2014 which is currently underway  Test processing will:  Fine tune the process to establish a base for a full-scale operation  Showcase the minimal environmental impact and establish environmental and community reputation  Facilitate full-scale permitting  Use proven technology and contractors to minimize CAPEX requirement  Low CAPEX to achieve test mining status and cash flow  Generate cash flow  After permitting total project:  Commence commercial production  Exploration to expand NI 43-101 resource TSX Venture: ATG 8February 2014
  9. 9. Timelines TSX Venture: ATG 9 2012 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Secure Funding Upgrade Water Treatment Plant Permits To Road Construction / Firebreak Road Construction/ Firebreak Mobilize Plant Development Trenching Fine Tune Plant Ship Concentrate Generate Cash Flow February 2014
  10. 10. Flow Chart  Free Gold Concentrate 100:1 concentration ratio  Sulphide Concentrate 100:1 concentration ratio TSX Venture: ATG 10 Excavate Crush Wash Sulphide Concentrate Free Gold Concentrate Truck to Autoclave Truck to Refinery February 2014
  11. 11. Bulk Sample 11TSX Venture: ATGFebruary 2014
  12. 12. Proposed Processing Plant TSX Venture: ATG 12February 2014
  13. 13. Environmental  No hazardous materials  Process plant successfully being operated by Gold Hill (see video at http://goldhillidaho.com/static/  Smaller environmental footprint  Recycling eliminates discharge of water  Better way to treat, control, use and recycle water  U.S. Forest Service (“USFS”) approved staged Supplemental Plan of Operations (“SPOO”) and a closure plan for the 900 Adit intended to resolve all issues relating to Adit discharge  U.S. District Court for the State of Idaho is expected to approve the schedule of payments agreed upon by all parties to the compliance litigation under the Clean Water Act pursuant to which Atlanta Gold Corporation (“AGC”) will pay the US$2 Million Court-imposed penalty over a five-year period.  AGC installed an innovative water filtration and treatment system as an addition to its existing Pilot Water Treatment Facility at the Atlanta project site, Idaho. Preliminary test results of the new System, including twice-weekly water sampling and independent lab analysis, have been positive, indicating removal of more than 99.9% of the arsenic and more than 99% of the iron.  Atlanta Highway District approved construction of a private access road subject to comment from the USFS. This “firebreak” road will follow historic routing and cross public lands to the main shear zone of the Atlanta Mine’s private property. It will also provide a firebreak to protect the forested north-facing slope of the Atlanta Mine land holdings. TSX Venture: ATG 13February 2014
  14. 14. Developing a Sustainable Project Environmental Priorities:  Protecting Air, Water and Ground Quality  Protecting Endangered Species  Protecting and / or Mitigating Loss of Forested Wetlands  Improving Water Quality Projected Benefits:  Projected benefits to the local community arising from commencement of commercial production at the Atlanta Gold Mine include: • Provide ongoing direct and indirect employment for approximately 400 people when the entire Project is permitted and full production has been achieved • Increase business and employment opportunities • Improve and develop alternate year-round access routes to back country from Atlanta • Enhance emergency services such as fire prevention, medical evacuation and security TSX Venture: ATG 14February 2014
  15. 15. Investment Opportunity  Experienced Board and Management team  Significant existing NI 43-101 resource increased to 785,000 Indicated AuEq ounces and 397,300 Inferred AuEq oz at a discovery cost of $30.00 per AuEq ounce  Atlanta Shear Zone remains open along strike and at depth, with lateral extensions and splays Significant potential in surrounding mineralized structures which hosted historic mines  Potential to generate cash flow from small test processing by Q3-2014 15TSX Venture: ATGFebruary 2014
  16. 16. Contact Information Atlanta Gold Inc. Wm. Ernest Simmons Eric Berentsen President & CEO Vice President T: + 1-208-424-3343 T: + 1-208-424-3343 E: esimmons@atlantagold.com E: eberentsen@atlantagold.com CHF Investor Relations Jeanny So T: + 1-416-868-1079 x 225 E: jeanny@chfir.com TSX Venture: ATG 16February 2014

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