Prosperity Goldfields - Defining Nunavut's Newest Gold Camp


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Why Prosperity:

On a journey to define a resource from multiple gold occurrences.

Recent drilling confirms higher grades at Rusty and a new gold discovery at the Amundsen zone.

A team with proven technical and management skills, with the capabilities to deliver.

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Prosperity Goldfields - Defining Nunavut's Newest Gold Camp

  2. 2. TSX.V PPGDISCLAIMER AND QUALIFIED PERSON This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Prosperity Goldfields Corp., nor shall it or any part of it form the basis of or be relied on in connection with or act as any inducement to enter into any contract or commitment whatsoever. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this presentation or on any other document or oral statement or on the completeness accuracy or fairness of any such information and/or opinions. No undertaking, representation, warranty or other assurance express or implied is made or given by or on behalf of Prosperity Goldfields Corp. or any of their directors, employees or advisors, as to the accuracy or completeness of the information or opinions contained in this presentation and, save in the case of fraud, no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements, negligence or otherwise contained or referred to in this presentation. Mr. Adrian Fleming RPGeo, MAusIMM(CP) a "Qualified Person” pursuant to   National Instrument 43-101 has reviewed and is responsible for the technical content of this presentation. 2
  3. 3. TSX.V PPGOVERVIEW•  The best new gold discovery in Nunavut.•  2012 Spring drilling confirmed higher grades at Rusty plus new discovery at Amundsen.•  2012 Summer Exploration found new gold showings.•  Aggressive two drill program in Winter 2013. 3
  4. 4. TSX.V PPGPEOPLE •  Adrian Fleming, President & Director, is an Australian geologist with 35 years diversified experience in the mining industry. Exploration continues to be his passion. He has been a member of the teams that made gold discoveries at Porgera, PNG; Big Bell, W.A.; Gross Rosebel, Suriname; Hope Bay, Nunavut and most recently White Gold, Yukon, Canada with Underworld Resources. •  Darryl Cardey, Chairman, is a partner with CDM Capital, a private company focused on merger, acquisitions and corporate finance. He was a co-founder and director of Underworld Resources. •  Quinton Hennigh, Director & Technical Advisor, is an economic geologist with more than 20 years experience. Over the past five years he has driven successful exploration programs and made significant discoveries for Evolving Gold, Gold Canyon Resources and Prosperity Goldfields. •  Steve Swaffield, Director, is the principal of CarbEx Consulting Inc. He has over 25 years of experience in senior financial advisory and operational roles and as an investment banker. He holds a BA and MA in Engineering Science and an MBA. •  Darren Devine, Corporate Advisor, is a partner with CDM Capital, a private company focused on merger, acquisition and corporate finance. He is a founder, director, officer and/or advisor to a number of private and public companies in the oil, gas and mineral resource sectors. 4
  6. 6. TSX.V PPG EARLY SIGNS Landforms in project area, southern Nunavut, produced from last ice age 20,000 years ago.•  Lake Sediment geochemistry in 1976 byGSC, 1,140 samples.•  The highest As values were near KiyukLake. 6
  7. 7. TSX.V PPGFIRST PROSPECTORS First sampling campaign in 1991 and 1992 found up to 37.0 g/t in rock sample 7
  8. 8. TSX.V PPG INITIAL EXPLORATION Fixed wing magnetic surveying Extent of Newmont-PPG air-magnetic survey Newmont completed airborne magnetics, drilling and prospecting in the mid 2000 s 8
  9. 9. TSX.V PPG DRILLING HIGHLIGHTS; 2011, 2012 •  2011 drilling: 14 holes, 2,700m, discovered strong gold intersections at three separate locations. 9
  10. 10. TSX.V PPG SPRING 2012 DRILL PROGRAM•  12 holes completed totaling 2,652 m.•  Tested three known zones and two new targets.•  Rusty zone 61.5m at 3.3 g/t Au.•  New Discovery, Amundsen; 42.4 m at 1 g/t Au. Drilling at Rusty 10
  11. 11. TSX.V PPG RUSTY ZONE DRILLING•  Three holes at Rusty to Rusty Discovery 37.8 m at test mineralization seen 4.2 g/t Au from the surface at the surface.•  Objective to define the potential of this 2011 discovery. 11
  12. 12. TSX.V PPG RUSTY ZONE 2012 DRILLING•  Mineralized zone at least 100 m wide.•  Strike length of at least 250 m.•  Rusty Zone is open to the north, south and at depth. Typical mineralized breccia 12
  13. 13. TSX.V PPG KIYUK EXPLORATION •  All of the prospects identified to date are from boulders left behind by the last ice sheet. •  There may well be other gold showings not yet discovered. .Canada blanketed by an ice sheet 20,000 years ago. 13
  14. 14. TSX.V PPG KIYUK EXPLORATION PHOTO Gold values in surface samples and air mag PPG Technical Team•  Previous prospecting and mapping had not covered the entire property.•  Notwithstanding early prospecting had found a lot of mineralized boulders. 14
  15. 15. TSX.V PPG SUMMER 2012 EXPLORATION, TILL SAMPLING•  The 558 till samples is the first property wide geochemicalprogram undertaken. Till Sampling 15
  16. 16. TSX.V PPG PROPERTY WIDE SAMPLING RESULTS, Au •  Rasmussen is a new drill ready target. •  Property wide till sampling identified other areas warranting follow up. •  Prospecting/Mapping returned samples up to 25 g/t Au. 16
  17. 17. TSX.V PPG SUMMER PROGRAM, GRID GEOCHEMISTRY •  Two grids, Rusty and Amundsen •  100 x 50 m sampling 17
  18. 18. TSX.V PPG GRID SAMPLING RESULTS, AU •  Three new targets identified by grid till sampling. •  These new targets in the core prospective area. Samples ready for shipment 18
  19. 19. TSX.V PPGRUSTY GRID SAMPLING RESULTS, AU •  Sampling confirmed the magnitude of Rusty Zone making it a priority target for 2013 drilling. •  The summer work revealed satellite targets needing further investigation 19
  20. 20. TSX.V PPGRUSTY GOLD GRAIN ANALYSIS •  Abundant pristine gold grains, total of 926, in a sample 400 m down ice from drilling indicates south-ward extension to identified mineralisation. •  Pristine gold grains one kilometer further down ice suggest additional mineralisation at Rusty. A Gold grains from sample at Rusty. Note predominance of grains with angular edges (pristine). B Gold grain shape definitions; Pristine, Modified & Reshaped. 20
  21. 21. TSX.V PPGCOBALT GOLD GRAIN ANALYSIS •  Abundant pristine and modified gold grains suggest proximal hard rock mineralisation not discovered by previous drilling. Boulder field at Cobalt Target with abundant gold mineralised clasts. Inset is a photo of a frost boil which was sampled and produced 943 gold grains. 21
  22. 22. TSX.V PPG 2013 WINTER DRILL PROGRAM – RUSTY ZONE•  4000 meter two-drill program to commence March 2013•  Focus on expansion and definition of Rusty Gold Discovery•  Location and orientation of target holes based on previous drilling, ground magnetics and gold grain analysis•  Abundant gold grains in till with pristine shapes (close to source) suggest southward extension of mineralization Drilling at Rusty Zone 22
  23. 23. TSX.V PPG 2013 WINTER DRILL PROGRAM – COBALT AND AMUNDSEN •  Drilling at Cobalt will test an undrilled area •  Cobalt target directly up-ice of a till sample with highly anomalous number of pristine gold grains and several mineralized boulders with grades up to 14 g/t Au. •  Drilling at Amundsen will test for an extension to surface and along strike of the known gold mineralization Chief Geologist Rob Mackie Logging core at Kiyuk at Amundsen 23
  24. 24. TSX.V PPG 2013 WINTER DRILL PROGRAM – BANCROFT AND RASMUSSEN •  Bancroft and Rasmussen new showings identified in 2012 •  Gold values found in till at Bancroft are higher than at Rusty •  New gold grain results show a high proportion of pristine gold grains supporting the interpretation of local bedrock source at Bancroft •  The Rasmussen showing is defined by gold mineralization in frost heaved boulders which are interpreted to have undergone minimal transport •  Gold values from boulders at the Rasmussen showing range from 0.1 to 6.9 g/t Au. 24
  25. 25. TSX.V PPG PROJECT HIGHLIGHTSü Rusty target is the priority for aggressive drilling and resource definition.ü Fourth drill discovery at Amundsen.ü The Property contains multiple gold showings.ü Kiyuk has the hallmarks of a new Gold Camp.. Planning field work Samples off to the laboratory PPG uses the best and latest tools 25
  26. 26. TSX.V PPG EXPLORATION/NEWS SCHEDULEActivity Oct Nov Dec Jan Feb Mar Apr May Jun JulSummerResultsSpringDrillingSummerDrilling Pressreleases•  Objective is to define gold resources.•  Aggressive drilling Spring 2013 to grow the Rusty Zone & test other targets.•  Year round news flow.•  Initial assays from Winter 2013 program expected early April. 26
  27. 27. TSX.V PPG POISED TO DEFINE SUBSTANTIAL GOLD RESOURCES•  The best new gold discovery in Nunavut.•  Aggressive exploration approach.•  Technical and management team lead by veteran geologists Adrian Fleming and Quinton Hennigh. Kiyuk Camp Drilling Camp Support 27
  28. 28. TSX.V PPGCONTACT INFORMATION INVESTOR RELATIONS Dwane Brosseau Leo Karabelis OFFICE 604 662 3380 416 543 3120 TOLL FREE 1 855 237 6274 WEB EMAIL 28 Kiyuk Lake and Camp, Winter 2012 Summer Exploration, Nunavut
  29. 29. TSX.V PPGAppendix - Best Drill Intercepts PPG 2011 & 2012 Core Drill Hole Composites as Calculated using Target Hole ID Zone DH_From (m) DH_To (m) Intercept Length m*g GP11-003 Gold Point 148.53 160.63 12.1m @ 6.37 g/t Au 77 GP11-003 Gold Point 164.84 191.38 26.5m @ 3.17 g/t Au 84 RU11-001 Rusty 2.44 40.23 37.8m @ 4.18 g/t Au 158 KI12-003 Rusty 19.48 39.00 19.5m @ 3.49 g/t Au 68 KI12-003 Rusty 108.00 118.50 10.5m @ 7.17 g/t Au 75 KI12-003 Rusty 159.00 220.50 61.5m @ 3.34 g/t Au 205Criteria>1 g/t composite averageAt least 6m width0.5 g/t cut offInternal dilution of 0.1 g/t over 3m width 29