July 2011
Forward Looking Statement


Certain statements in this document constitute “forward looking
statements” which may not b b
 t t        t ” hi h         t be based on hi t i l f t S h f
                                        d     historical fact. Such forward d
looking statements involve known and unknown risk, uncertainties and
other factors which may cause the actual results, performance or
achievements of the Company, or industry results to be materially
different f
diff       t from any f t
                        future results, performance, or achievements
                                    lt       f                   hi        t
expressed or implied by such forward looking statements. Such factors
include, among others, the following: actual results of exploration and
development activities; the estimation or realization of mineral reserves
and resources; th ti i
   d             the timing and th amount of f t
                              d the        t f future production; th costs
                                                           d ti     the    t
and timing of the development of new deposits; future prices of precious
and base metals; accidents; risks inherent in mineral exploration; risks
associated with development, construction and mining operations;
restrictions on f
    t i ti       foreign ownership; th C
                     i          hi    the Company’s hi t
                                                     ’ history of operating
                                                                 f      ti
losses and uncertainty of future profitability; uncertainty of access to
additional capital; environmental liability claims and insurance; and
dependence on joint venture partners.



                                                                                2
Edgewater Team


George Salamis                                  Edward Farrauto
President & CEO, Director                       CFO
•+20 years experience directing exploration,    •+20 years experience as CFO and Director of
 development, and mining operations of a         public companies
 number of gold, base metal and coal projects   •Directly involved in raising over $500 million
•Senior Management positions with Placer         of equity and debt
 Dome and Cameco Corporation                    •Completed M & A transactions valued over
•Completed M & A transactions valued over        $750 million
 $1B




Greg Smith, P.Geo                               Doug Forster, M.Sc. P.Geo
Vice President Exploration                      Director
•+23 years exploration experience working for   •30+ years resource project development,
 both
 b h junior & senior mining operations           M&A, equity finance and public company
                                                  &          f         d   bl
                                                 management
•Involved in outlining +10Moz gold discovery
                                                •President & CEO of Featherstone Capital
                                                •Founder and director of several public
                                                 companies




                                                                                                  3
Capital Structure | July 2011


          Equity Ownership                                           Share Structure
                    Kinross
                   Gold Corp
                      5%                                   Issued & Outstanding               66,680,687

                                        Mgmt &             Warrants
                                        Insiders             6,875,000 @ 1.10 (2013)
   Retail 38%                             19%                                                ’15,451,280
                                                             624,780 @ $1.10 (2012)
                                                             7,806,500 @ $1.40 (2013)


                                                           Options
                                                            p                                  5,077,000
                                                                                                ,   ,
                        Institutional
                            38%
                                                           Fully Diluted*                    92,208,967*

                                                           Cash                                 ,   ,
                                                                                             $18,500,000




* If Edgewater delineates a NI43-101 compliant resource of 3Moz of gold in the M&I category on the Enchi
Gold Project, then Kinross can exercise an additional 2.5M warrants at $0.50 and 2.5M warrants at $1.00
(included in the fully diluted number above).
                                                                                                           4
Edgewater Projects




                     5
Corcoesto Project | Overview


•   Located 35km W of the La Coruna
    in NW Spain, one of the most pro-
          Spain                  pro
    mining regions

•   100% ownership
                 p

•   2011 NI43-101 Compliant Resource
     – Measured & Indicated: 325,000oz Gold
                                ,
       Inferred: 1,149,000oz Gold

•   7 major gold vein systems open along strike and at depth

•   Active drill program underway
     – Highlight Drill Hole to date 10E10: 10.72 g/t Gold over 17m

•   Potential for both open pit and underground operations

                                                                     6
Corcoesto Project | Details

• Previous work on the project has consisted of
 geological mapping, geophysical surveying,
 and soil and rock geochemistry including
                   g          y         g
 trenching and 42,000m of diamond and RC
 drilling in +400 holes
• Gold mineralization associated with quartz
 veins,
 veins quartz breccias and silicification

• Amenable to conventional open-pit mining

• Excellent infrastructure; roads and 22 Kv
 power line crossing project

• Currently permitted for small scale mining

   • Permit to be resubmitted due to increase in
     resource size.




                                                   7
Corcoesto | 2011 Resource Estimate

                    NI 43-101 Mineral Resource Summary
Resource Class                    Cutoff         Tonnes            g/t Gold        Contained Gold
                                   (g/t Au)        (x1000)                              (x1000 oz)


Measured
                                    0.65           3,899             1.77                  222

Indicated
                                    0.65           1,823             1.69                  103

Measured + Indicated
                                   0.65           5,783              1.74                 325

Inferred
                                 0.65/2.0         20,265             1.76                1,149



•   A total of 1 101 9 m of surface trenching in 55 trenches, 443.1 m of adit sampling i 4 adits and
      t t l f 1,101.9     f    f    t    hi   i     t    h    443 1     f dit     li   in   dit    d
    42,326.2 m of diamond and RC drilling in 436 drill holes were used in the resource with sample
    spacing’s that were less than 30 m for Measured resources, less than 40 metres for Indicated resources
    and less than 195 m for Inferred resources except for Inferred resources below 200 m from surface and
    for the northern two vein systems that used drill spacing’s of 196 m
•   A base cutoff grade of 0.65 g/t Au was used for reporting resources above a depth of 200 m from
    surface and a cutoff grade of 2.0 g/t Au was used for reporting resources below 200 m from surface


                                                                                                             8
Corcoesto | Aerial View




                     Pozo Del Ingles
                                g                     Peton De Lobo
                       Gold Zone                        Gold Zone




                        Cova Crea
                        Gold Zone




  12,000m
                                                                      In country
                                                                      In-country Team
Diamond D ill
Di      d Drill   1 Drill Rigs
                    D ill Ri
                                           $2.5M Budget                with extensive
   Program          Onsite
                                                                         experience
  Underway

                                                                                        9
Corcoesto | 2010 -2011 Drill Results
                                                                                           Longitudinal section
                                                                                           Pozo del Ingles Ore Zone PI-27
                                                                                           Cut-0ff 1.0g/t Au

  Longitudinal section
Cova Crea Ore Zone PI-27
    Cut-0ff 0.5 g/t Au


                                1.51 g/t Gold over 43.40m                                10.72 g/t Gold over 17m




                                                                                       2.66 g/t Gold over 13.3m


                               Mineralized                     Intercept      Length          Au
             Drill Hole
                                   Zone                     From       To      (m)          (g/t)

             Hole 10E01        Peton de Lobo                25.10     30.05    4.95          1.60

             Hole 10E02         Cova Crea                   159.0
                                                            159 0     165.0
                                                                      165 0    6.00
                                                                               6 00          4.27
                                                                                             4 27

             Hole 10E03         Cova Crea                   155.0     167.5   12.50          0.75

             Hole 10E05         Cova Crea                   174.7     182.8    8.10          1.71

             Hole 10E07         Cova Crea                   261.2     304.6   43.40          1.51

             Hole 10E09       Pozo De Ingles                0.00      8.60     8.60          1.29

             Hole 10E10       Pozo De Ingles                164.0     181.0   17.00         10.72

             Hole 11E13       Pozo De Ingles                320.8     334.1    13.3          2.66
                                                                                                                            10
Corcoesto | Development Timeline



                   2011                        2012

Q1            Q2            Q3           Q4     Q1

12,000m Diamond Drill Program



                         Engineering Scoping
                               Study



                   $2.5 M Drilling



                                                      11
2nd
                                                                   largest
                                                                  producer
                                                                  in Africa




 Enchi Gold Project
• Located in Ghana, 70km SW of the   • Mid-stage exploration comprised of 8
 5Moz Chirano gold mine associated    licenses totalling 568km2
 with 9km long Bibiani Shear Zone    • 290km west of the capital city Accra,
• Spending $5M to earn net 51%        accessed via sealed roads
 interest from Kinross Gold
 Corp(TSX:K)                                                                   12
Enchi | Location

• Analogous to Chirano Gold
 Mine
• Includes 16 known targets
 along a 40km section of the
 Bibiani Shear
• Key Target Areas:

    Boin
    Nyam
      y
    Sewum
    Eradi




                               13
Enchi Gold Project




• Similar geology
 following the Chirano
 and Bibiani shear zones
• 40,000m of drilling
 conducted by previous
 operators
• Abundant drill ready
 targets
• Over 45 drill holes
 and trenches > 1g/t
 over 10m not
 followed up

                           14
Enchi | Nyam Target
                           • +1.5 km of continuous gold
                              mineralization identified
                           • Shallow: drilled to avg depth of less
                              than 100m
                           • Consistent: widths of 10 – 20m of
                              economic grade gold intercepted in
                              previous drilling
                           • No 43 101 resource estimate done
                                43-101
                           • Open on-strike and at depth

                                            RC Drilling Results*

                           Hole          From         To       Intercept           Au
                                          (m)        (m)          (m)             (g/t)
                        KRC027              3         14            11             3.60
                        KRC032             69         85            16             1.83
                        KRC065             15         24             9             1.92
                        KRC075             12         28            16             1.66
                        KRC097              7         16             9             2.77



                        *RC drilling results greater than 1.0 g/t Au from Nyamebekyere Gold zone



Cross Section 15320N                                                                          15
Enchi | Boin Target

                     • Mineralization +10km associated

Boin Cross Section     with the Bibiani Shear Zone
                     • Work by Red Back included 26
                       trenches totaling 3,945m and 112
                                          3 945m
                       RC drill holes totaling 13,033 m
                     • No deep drilling has been
                       conducted
                     • Major resource delineation drill
                       program planned

                               RC Drilling Results
                                         g

                       Hole    From     To    Intercept    Au
                                (m)    (m)       (m)      (g/t)
                     KBRC001    29      49         20     1.57
                     KBRC004    67      83         16     2.26
                     KBRC007    84      96         12     1.75
                     KBRC008    26      56         30     1.92
                     KBRC012    31      64         33     2.1




                                                                 16
Enchi | Eradi & Sewum Targets

                     Eradi
• Three parallel soil anomalies
  each approx 3 2km strike
       approx. 3.2km
  length
• Only 2 trenches totaling 435m                          Sewum
  were completed on the
  anomalies
        li                                    •   Highly prospective,
                                                  Hi hl          ti
                                                  multiple kilometers of
• Not drilled to date
                                                  strike length defined
• Assayed 37m of 1.47 g/t
                                              •   Previous trench highlights:
  gold in trenches
                                                  1.14g/t over 24.2m
• Obuasi-Enchi Lineament is
                                                  2.35 g/t over 11m
  associated with the major
                                                  0.70g/t over 221m
  40 Moz Ashanti gold
  deposit located 100 km                          1.06g/t over 17 m
                                                      g/
  east of the Enchi Project                       1.48g/t over 78m
                                                  1.86g/t over 17 m
                                              •   Mineralized breccia
                                                  intercepted in our first
                                                  few Sewum drill holes,
                                                  assays pending

                                                                             17
Enchi | Sewum South Target
                                      New Discovery S
                                      N   Di        Sewum S th
                                                          South
                                           Hole    From    To    Intercept    Au
                                                    (m)   (m)       (m)      (g/t)
                                         SWDD001    57     86       29       2.01
                                         SWDD003    101    118      17       1.59
                                         SWDD004    47     73       26       1.15


                                      • Sewum South has some of the highest
                                                                       g
                                      Geo-chem anomalies on the Enchi Project

                                      • Sewum Gold Zone has a total strike length
                                      of over 7km

                                            Sewum South Drill Core
                   Assays Pending
                   >20 drill holes




SWDDH001 2 01 /t over 29
         2.01g/t      29m




                                                                                     18
Enchi Progress
 •      To date a total of 5,000m and 27 trenches have been completed by Edgewater
 •      Boin – 700m of a 3km strike has been drilled to a avg depth of 50m (drilling underway)
 •      Nyam – 1.7 km of strike drilled to an avg depth of 50m
 •      Both are open along strike and at depth (excellent continuity, leading to a gold
        resource during H2 2011
 •      Drilling program has been expanded to 35,000m
 •      Sewum (new zone) Multiple undrilled trenches with grades up to 1.48g/t gold over 78m
        (drilling now underway)


      Edgewater Diamond Drill Results                   Edgewater Diamond Drill Results
           BOIN GOLD ZONE                                    NYAM GOLD ZONE

     Hole     From    To    Intercept    Au          Hole      From     To    Intercept     Au
               (m)   (m)       (m)      (g/t)                   (m)    (m)       (m)       (g/t)
KBDDH002       32     41        9       2.74      NBDDH021       69    80        11        4.75
KBDDH003       44     68       24       1.72      NBDDH018       31    65        34        1.13
KBDDH009       41     65       24       1.58      NBDDH013       43    64        21        1.04
KBDDH010       15     27       12       2.91
                                        2 91      NBDDH001       47    61        14        1.13
                                                                                           1 13
KBDDH011       45     79       34       1.41      NBDDH002       55    62        7         1.68
KBDDH013       10     34       24       1.42
                                                                                                   19
Enchi | Project Timeline

                      2011                       2012

Q1              Q2             Q3           Q4    Q1

Geological Mapping, Trenching, &
         Soil Sampling
                                     “Initial”
                                    NI 43-101
  Prioritizing Drill Targets        Resource
                                    Estimate


          35,000m Diamond Drill Program




                                                          20
Enterprise Value (US$/oz)

$300
       Edgewater E l
       Ed     t Explorations peer review group
                       ti            i
       averages $84/oz (EV/Resources)
$250
       Edgewater Exploration is currently valued at
       $33/oz
$200



$150



$100



$50



 $0




                                              Date July 13/2011


                                                              21
Summary


• Ghana – Enchi Gold Project: located in one of the most prolific gold
 regions of the world; major resource delineation and new gold target drilling
 program. A 35,000m Diamond drilling program underway

• Spain – Advanced stage 100% controlled Corcoesto gold deposit:
 hosts a recently updated NI 43 101 M&I resource of 325 000 oz Gold with
                              43-101                    325,000
 1,149 oz Gold of Inferred, the deposit is open for resource expansion and is
 potentially amenable to low cost open pit mine development. A 12,000m
 Diamond drilling program underway. Edgewater recently commenced a
 scoping study on Corcoesto to be completed H2 2011
                                              H2, 2011.

• Management team - in place with a proven track record of advancing
 undervalued gold projects and maximizing shareholder value




                                                                                 22
Acquiring and Advancing
Undervalued Worldwide Gold Assets


    Contact: Ryan King, Vice-President
                 Phone: 604 628 1012
        Email: rking@edgewaterx.com
       Website: www.edgewaterx.com

                        TSX-V: EDW

Edgewater Exploration (TSX.V - EDW) Corporate Presentation

  • 1.
  • 2.
    Forward Looking Statement Certainstatements in this document constitute “forward looking statements” which may not b b t t t ” hi h t be based on hi t i l f t S h f d historical fact. Such forward d looking statements involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results to be materially different f diff t from any f t future results, performance, or achievements lt f hi t expressed or implied by such forward looking statements. Such factors include, among others, the following: actual results of exploration and development activities; the estimation or realization of mineral reserves and resources; th ti i d the timing and th amount of f t d the t f future production; th costs d ti the t and timing of the development of new deposits; future prices of precious and base metals; accidents; risks inherent in mineral exploration; risks associated with development, construction and mining operations; restrictions on f t i ti foreign ownership; th C i hi the Company’s hi t ’ history of operating f ti losses and uncertainty of future profitability; uncertainty of access to additional capital; environmental liability claims and insurance; and dependence on joint venture partners. 2
  • 3.
    Edgewater Team George Salamis Edward Farrauto President & CEO, Director CFO •+20 years experience directing exploration, •+20 years experience as CFO and Director of development, and mining operations of a public companies number of gold, base metal and coal projects •Directly involved in raising over $500 million •Senior Management positions with Placer of equity and debt Dome and Cameco Corporation •Completed M & A transactions valued over •Completed M & A transactions valued over $750 million $1B Greg Smith, P.Geo Doug Forster, M.Sc. P.Geo Vice President Exploration Director •+23 years exploration experience working for •30+ years resource project development, both b h junior & senior mining operations M&A, equity finance and public company & f d bl management •Involved in outlining +10Moz gold discovery •President & CEO of Featherstone Capital •Founder and director of several public companies 3
  • 4.
    Capital Structure |July 2011 Equity Ownership Share Structure Kinross Gold Corp 5% Issued & Outstanding 66,680,687 Mgmt & Warrants Insiders 6,875,000 @ 1.10 (2013) Retail 38% 19% ’15,451,280 624,780 @ $1.10 (2012) 7,806,500 @ $1.40 (2013) Options p 5,077,000 , , Institutional 38% Fully Diluted* 92,208,967* Cash , , $18,500,000 * If Edgewater delineates a NI43-101 compliant resource of 3Moz of gold in the M&I category on the Enchi Gold Project, then Kinross can exercise an additional 2.5M warrants at $0.50 and 2.5M warrants at $1.00 (included in the fully diluted number above). 4
  • 5.
  • 6.
    Corcoesto Project |Overview • Located 35km W of the La Coruna in NW Spain, one of the most pro- Spain pro mining regions • 100% ownership p • 2011 NI43-101 Compliant Resource – Measured & Indicated: 325,000oz Gold , Inferred: 1,149,000oz Gold • 7 major gold vein systems open along strike and at depth • Active drill program underway – Highlight Drill Hole to date 10E10: 10.72 g/t Gold over 17m • Potential for both open pit and underground operations 6
  • 7.
    Corcoesto Project |Details • Previous work on the project has consisted of geological mapping, geophysical surveying, and soil and rock geochemistry including g y g trenching and 42,000m of diamond and RC drilling in +400 holes • Gold mineralization associated with quartz veins, veins quartz breccias and silicification • Amenable to conventional open-pit mining • Excellent infrastructure; roads and 22 Kv power line crossing project • Currently permitted for small scale mining • Permit to be resubmitted due to increase in resource size. 7
  • 8.
    Corcoesto | 2011Resource Estimate NI 43-101 Mineral Resource Summary Resource Class Cutoff Tonnes g/t Gold Contained Gold (g/t Au) (x1000) (x1000 oz) Measured 0.65 3,899 1.77 222 Indicated 0.65 1,823 1.69 103 Measured + Indicated 0.65 5,783 1.74 325 Inferred 0.65/2.0 20,265 1.76 1,149 • A total of 1 101 9 m of surface trenching in 55 trenches, 443.1 m of adit sampling i 4 adits and t t l f 1,101.9 f f t hi i t h 443 1 f dit li in dit d 42,326.2 m of diamond and RC drilling in 436 drill holes were used in the resource with sample spacing’s that were less than 30 m for Measured resources, less than 40 metres for Indicated resources and less than 195 m for Inferred resources except for Inferred resources below 200 m from surface and for the northern two vein systems that used drill spacing’s of 196 m • A base cutoff grade of 0.65 g/t Au was used for reporting resources above a depth of 200 m from surface and a cutoff grade of 2.0 g/t Au was used for reporting resources below 200 m from surface 8
  • 9.
    Corcoesto | AerialView Pozo Del Ingles g Peton De Lobo Gold Zone Gold Zone Cova Crea Gold Zone 12,000m In country In-country Team Diamond D ill Di d Drill 1 Drill Rigs D ill Ri $2.5M Budget with extensive Program Onsite experience Underway 9
  • 10.
    Corcoesto | 2010-2011 Drill Results Longitudinal section Pozo del Ingles Ore Zone PI-27 Cut-0ff 1.0g/t Au Longitudinal section Cova Crea Ore Zone PI-27 Cut-0ff 0.5 g/t Au 1.51 g/t Gold over 43.40m 10.72 g/t Gold over 17m 2.66 g/t Gold over 13.3m Mineralized Intercept Length Au Drill Hole Zone From To (m) (g/t) Hole 10E01 Peton de Lobo 25.10 30.05 4.95 1.60 Hole 10E02 Cova Crea 159.0 159 0 165.0 165 0 6.00 6 00 4.27 4 27 Hole 10E03 Cova Crea 155.0 167.5 12.50 0.75 Hole 10E05 Cova Crea 174.7 182.8 8.10 1.71 Hole 10E07 Cova Crea 261.2 304.6 43.40 1.51 Hole 10E09 Pozo De Ingles 0.00 8.60 8.60 1.29 Hole 10E10 Pozo De Ingles 164.0 181.0 17.00 10.72 Hole 11E13 Pozo De Ingles 320.8 334.1 13.3 2.66 10
  • 11.
    Corcoesto | DevelopmentTimeline 2011 2012 Q1 Q2 Q3 Q4 Q1 12,000m Diamond Drill Program Engineering Scoping Study $2.5 M Drilling 11
  • 12.
    2nd largest producer in Africa Enchi Gold Project • Located in Ghana, 70km SW of the • Mid-stage exploration comprised of 8 5Moz Chirano gold mine associated licenses totalling 568km2 with 9km long Bibiani Shear Zone • 290km west of the capital city Accra, • Spending $5M to earn net 51% accessed via sealed roads interest from Kinross Gold Corp(TSX:K) 12
  • 13.
    Enchi | Location •Analogous to Chirano Gold Mine • Includes 16 known targets along a 40km section of the Bibiani Shear • Key Target Areas:  Boin  Nyam y  Sewum  Eradi 13
  • 14.
    Enchi Gold Project •Similar geology following the Chirano and Bibiani shear zones • 40,000m of drilling conducted by previous operators • Abundant drill ready targets • Over 45 drill holes and trenches > 1g/t over 10m not followed up 14
  • 15.
    Enchi | NyamTarget • +1.5 km of continuous gold mineralization identified • Shallow: drilled to avg depth of less than 100m • Consistent: widths of 10 – 20m of economic grade gold intercepted in previous drilling • No 43 101 resource estimate done 43-101 • Open on-strike and at depth RC Drilling Results* Hole From To Intercept Au (m) (m) (m) (g/t) KRC027 3 14 11 3.60 KRC032 69 85 16 1.83 KRC065 15 24 9 1.92 KRC075 12 28 16 1.66 KRC097 7 16 9 2.77 *RC drilling results greater than 1.0 g/t Au from Nyamebekyere Gold zone Cross Section 15320N 15
  • 16.
    Enchi | BoinTarget • Mineralization +10km associated Boin Cross Section with the Bibiani Shear Zone • Work by Red Back included 26 trenches totaling 3,945m and 112 3 945m RC drill holes totaling 13,033 m • No deep drilling has been conducted • Major resource delineation drill program planned RC Drilling Results g Hole From To Intercept Au (m) (m) (m) (g/t) KBRC001 29 49 20 1.57 KBRC004 67 83 16 2.26 KBRC007 84 96 12 1.75 KBRC008 26 56 30 1.92 KBRC012 31 64 33 2.1 16
  • 17.
    Enchi | Eradi& Sewum Targets Eradi • Three parallel soil anomalies each approx 3 2km strike approx. 3.2km length • Only 2 trenches totaling 435m Sewum were completed on the anomalies li • Highly prospective, Hi hl ti multiple kilometers of • Not drilled to date strike length defined • Assayed 37m of 1.47 g/t • Previous trench highlights: gold in trenches 1.14g/t over 24.2m • Obuasi-Enchi Lineament is 2.35 g/t over 11m associated with the major 0.70g/t over 221m 40 Moz Ashanti gold deposit located 100 km 1.06g/t over 17 m g/ east of the Enchi Project 1.48g/t over 78m 1.86g/t over 17 m • Mineralized breccia intercepted in our first few Sewum drill holes, assays pending 17
  • 18.
    Enchi | SewumSouth Target New Discovery S N Di Sewum S th South Hole From To Intercept Au (m) (m) (m) (g/t) SWDD001 57 86 29 2.01 SWDD003 101 118 17 1.59 SWDD004 47 73 26 1.15 • Sewum South has some of the highest g Geo-chem anomalies on the Enchi Project • Sewum Gold Zone has a total strike length of over 7km Sewum South Drill Core Assays Pending >20 drill holes SWDDH001 2 01 /t over 29 2.01g/t 29m 18
  • 19.
    Enchi Progress • To date a total of 5,000m and 27 trenches have been completed by Edgewater • Boin – 700m of a 3km strike has been drilled to a avg depth of 50m (drilling underway) • Nyam – 1.7 km of strike drilled to an avg depth of 50m • Both are open along strike and at depth (excellent continuity, leading to a gold resource during H2 2011 • Drilling program has been expanded to 35,000m • Sewum (new zone) Multiple undrilled trenches with grades up to 1.48g/t gold over 78m (drilling now underway) Edgewater Diamond Drill Results Edgewater Diamond Drill Results BOIN GOLD ZONE NYAM GOLD ZONE Hole From To Intercept Au Hole From To Intercept Au (m) (m) (m) (g/t) (m) (m) (m) (g/t) KBDDH002 32 41 9 2.74 NBDDH021 69 80 11 4.75 KBDDH003 44 68 24 1.72 NBDDH018 31 65 34 1.13 KBDDH009 41 65 24 1.58 NBDDH013 43 64 21 1.04 KBDDH010 15 27 12 2.91 2 91 NBDDH001 47 61 14 1.13 1 13 KBDDH011 45 79 34 1.41 NBDDH002 55 62 7 1.68 KBDDH013 10 34 24 1.42 19
  • 20.
    Enchi | ProjectTimeline 2011 2012 Q1 Q2 Q3 Q4 Q1 Geological Mapping, Trenching, & Soil Sampling “Initial” NI 43-101 Prioritizing Drill Targets Resource Estimate 35,000m Diamond Drill Program 20
  • 21.
    Enterprise Value (US$/oz) $300 Edgewater E l Ed t Explorations peer review group ti i averages $84/oz (EV/Resources) $250 Edgewater Exploration is currently valued at $33/oz $200 $150 $100 $50 $0 Date July 13/2011 21
  • 22.
    Summary • Ghana –Enchi Gold Project: located in one of the most prolific gold regions of the world; major resource delineation and new gold target drilling program. A 35,000m Diamond drilling program underway • Spain – Advanced stage 100% controlled Corcoesto gold deposit: hosts a recently updated NI 43 101 M&I resource of 325 000 oz Gold with 43-101 325,000 1,149 oz Gold of Inferred, the deposit is open for resource expansion and is potentially amenable to low cost open pit mine development. A 12,000m Diamond drilling program underway. Edgewater recently commenced a scoping study on Corcoesto to be completed H2 2011 H2, 2011. • Management team - in place with a proven track record of advancing undervalued gold projects and maximizing shareholder value 22
  • 23.
    Acquiring and Advancing UndervaluedWorldwide Gold Assets Contact: Ryan King, Vice-President Phone: 604 628 1012 Email: rking@edgewaterx.com Website: www.edgewaterx.com TSX-V: EDW