The document provides an overview of Petaquilla Minerals Ltd., a gold mining company operating in Panama. Key points include: 1) Petaquilla Minerals reached commercial gold production in January 2010 and has been producing around 6,000 ounces of gold per month. 2) The company signed a $45 million prepaid gold purchase agreement with Deutsche Bank to deliver over 68,000 ounces of gold over 5 years. 3) Petaquilla Minerals owns and operates the producing Petaquilla gold mine in Panama along with exploration properties, and is developing infrastructure projects through its subsidiary Panama Development of Infrastructure.

1. www.petaquilla.com

2. Petaquilla Minerals Ltd.
FORWARD LOOKING STATEMENTS
The statements contained in this presentation that are not purely historical are forward-­‐looking statements.
Forward-­‐looking statements may relate to the success of any of the Company's strategic initiatives, the
Company's expectations, beliefs, growth and future prospects, and the Company's position in the market and
future opportunities therein. Forward-­‐looking statements may also include, without limitation, any express or
implied statement relating to future events, industry performance, general business and economic conditions
or circumstances, regulatory and legal requirements, and other matters, many of which are beyond the control
of the Company. Forward-­‐looking statements involve risks and uncertainties, which could cause actual results
to differ materially from those projected. All forward-­‐looking statements included in this presentation are
based upon information available to the Company as of the date hereof and the Company does not undertake
any obligations to update forward-­‐looking statements should circumstances or management's beliefs or
opinions change.
2

3. PROJECT LOCATION Republic of Panama
Oro del Norte
Exploration
Inmet Population 3.36 Million
$4.2 Billion
Investment Size 75,517 Sq. Km.
Currency US Dollar
GDP 2008 $42.5 Billion
Molejon Gold Project HDI 2007 0.84 (Ranked 58th) High
International Business Centre!
Fastest Growing Economy and Largest Per Capita
Consumer in Central America!
3

4. CORPORATE STRUCTURE
PETAQUILLA MINERALS LTD.
PETAQUILLA MINERALS, S.A. PETAQUILLA GOLD, S.A. PANAMA DEVELOPMENT OF
(Exploration Programs) (Gold Plant Operations) INFRASTRUCTURE, S.A.
(Infrastructure Activities)
PDI
AZUERO MINING, S.A.
(49% Ownership)
4

5. PETAQUILLA MINERALS (PTQ) VALUE DRIVERS
Current Gold Producer More than 8 Months of COMMERCIAL PRODUCTION
(January 8, 2010)
Panama Development of Infrastructure, Ltd. Spin-Out Work in progress.
Oro del Norte exploration program At present has 3 Rigs drilling on site
5

6. PTQ FINANCIAL UPDATE
(News Release August 19, 2010)
Petaquilla Signs a $45MM Prepaid Forward Gold Purchase Agreement with Deutsche Bank.
The facility is a forward contract to deliver 68,243 ounces of Au over a five year term.
o562 ounces per month the first 8 months
o1,125 ounces per month the following 11 months
o1,503 ounces per month the following 24 months
o900 ounces per month the last 17 months
6

7. SHARE & FINANCIAL STRUCTURE
As at August 10, 2010: Market Cap $62.64M
ISSUED AND OUTSTANDING 125,281,951 Share Price Recorded August 19, 2010,
at $0.50 TSX
WARRANTS OUTSTANDING 34,888,447
No. of Warrants Exercise Price
OPTIONS OUTSTANDING 8,224,370
23,363,800 $ 0.65
FULLY DILUTED 168,394,768 2,100,042 $ 0.85
9,424,605 $ 1.54
BOD & Management Controls Approximately
11 % of the Shares
Debt Note Value & Maturity Date:
May 21, 20111 -­‐ $20,252,641.95
July 9, 20111 -­‐ $11,508,506.38
March 25, 20122 -­‐ $44,000,000.00
1. Callable for repayment with a 6 months notice.
2. Callable by September 2010 with the 6 months notice.
7

8. DIRECTORS AND OFFICERS
Richard Fifer (Director & Non Executive Chairman David Levy (Director & Corporate Secretary -­‐ USA)
Panama) -­‐ Member of the Private Placement Group at Platinum
-­‐ BS Geological Engineering, MA International Finance Management (NY) LLC
-­‐ Founder of the Petaquilla Project -­‐ Specializes in structuring and negotiating financings
-­‐ Former President of the Panamanian State mining at all levels of the capital structure
company, CODEMIN -­‐ Graduate with Honors from Sy Syms School of
-­‐ Former Governor of the Province of Cocle, Panama Business (Yeshiva University)
Raul Ferrer (Director Panama) Joao Manuel President & CEO (Portugal)
-­‐ Business Financial Advisor -­‐ Former COO of Petaquilla Minerals Ltd.
-­‐ Former Financial Investment Director with Wall -­‐ Former CFO of Petaquilla Copper Ltd.
Street Securities (Panama) -­‐ Over 20 years management experience in large
David Kaplan (Director USA) multinational corporations worldwide, including GE,
-­‐ President of Physical Commodity Merchants LLC ITT, Nokia.
-­‐ Former Portfolio Manager at LIM Advisors LLC Julie van Baarsen CFO (Canada)
-­‐ Former VP of Gerald Metals, Inc. -­‐ Charted Accountant
-­‐ Former Financial Analyst/Trader with Glencore Ltd. -­‐ Bachelor of Business Administration
-­‐ Graduate of the Wharton School (University of -­‐ Experienced in both private and public company (TSX,
Pennsylvania) TSX Venture, NASDAQ) sectors
-­‐ Former Audit Manager of Grant Thornton LLP
8

9. GOLD PRODUCTION
PETAQUILLA MINE
PERMITING AND PRODUCTION UPDATE
First pour April 7, 2009: As a result of testing
the gold room recovery processes
July 16, 2009 The Company announced it has
produced approximately 9,525 ounces of gold and 3,195 ounces of silver.
November 18, 2009 Public Announcement that the Government of Panama had approved
January 11, 2010 The company announces it has reach commercial production
stage on January 8, 2010.
Current Production Since commercial production commenced on January 8, 2010, it
has been producing gold at a running rate of approximately 6,000 ounces of gold per
month.
9

10. FIRST GOLD POUR
10

11. GOLD PRODUCTION
(Corporate Base Case)
Average per Year (First 3 years) Processed Ore
Total Ore 1,131,408 Tonnes
Average Ore Tonnes
Total Au Ounces Recovered 100,804.3
Daily 3,099.75
Average mine life Monthly 94,284.00
90.21% Au Recovery
2.8 g/t Au Average Grade
100,000 oz. Annual Gold Producer is Just the Beginning
Completion of 2,200 TPD CIP Currently in commercial production
Commenced commercial production in 2010 establishing est. 100,000 oz annual gold production
Aggressively explore the 842 sq. km Petaquilla Mining Concessions
Available expansion of 2,200 TPD operation to 5,000 TPD on existing foundations
Operation in politically stable Panama a USD based economy
Potential Acquisitions of known gold deposits in Panama
11

12. GOLD PRODUCTION UPDATE
(News Release April 27, 2010)
Gold production Q3 2010 Increased by 31% (3,274 oz) from Q2 2010.
Q3 Cash Cost Reduced to $637.00 per ounce As a result of production increase and reductions in
operating costs, down 33.6% from $960.00 per ounce in Q2 2010.
Gross Margin from the sale of Gold in Q3 2010 amounted to $4.7 MM.
Administrative and other expenses for the nine months ended February 2010 were reduced by
US$3.6MM or 26% to US$10.3 MM compared to US$13.9 MM for the nine months ended
February 2009.
The company is also pleased to announce that it has poured approximately 6,500 oz of gold
during the initial four pours of the current month of April and, as a result, is targeting cash costs
in the mid-­‐US$500.00 per ounce range for the month.
Petaquilla initiated the construction of an on-­‐site heap leach test facility. The company anticipates
the heap leach operation will generate an additional 50,000 oz of gold annually.
12

13. M olejon O pen Pit
Molejon C amp
Site Road
Molejon 2,200 C IP Plant
13

14. Ball Mills Secondary
Water Tanks & Tertiary
Crusher
Thickener
Refinery
CIP Tanks Contingency
Leaching Pond
Tanks Power
Generators
D-Tox
MOLEJON GOLD PLANT 14

15. GENERAL OBJECTIVES FOR 2010
Gold Production Optimization Plan
Process re-design leading to increase production throughput
Heap Leaching Strategy:
Completed first phase of heap leaching test pads
Entering construction of heap leach pad test facility for a purpose of quantifying how
much additional gold can be extracted from ore with grades in the 0.2 and 0.9 g/t Au.
By the third quarter of the 2010 calendar year, the objective is to complete heap leach
testing with the first phase of implementation of commercial leaching beginning in the
quarter thereafter.
Expand to a 5,000 TPD operation
15

16. ENVIRONMENTAL COMMITMENT
16

17. ENVIRONMENTAL COMMITMENT
Main Environmental Activities
Re-vegetation, Reforestation and Ornament
Preservation of the Grounds and Erosion Control
Hydrology, Protection of Sources and Sedimentation Control
Handling of Solid Wastes and Recycling
Environmental Training
ENVIRONMENTAL MANAGEMENT PLAN 2010
1. Quality of Air, Soils and Water
2. Waste Management Plan
3. Certifications (ISO 14001 & OHSAS 18001)
4. Environmental Emergencies Plan
5. Development of Environmental Permits for Various Projects
6. Environmental Training
7. Technical Assistance from Third Parties for Monitoring of Environmental
Quality and ISO Standards Certification
17

18. PETAQUILLA MINERALS, S.A. EXPLORATION
18

19. PRIMARY EXPLORATION TARGETS
New Exploration Targets
with Historical Information
1. Oro Del Norte Prospect
Current Exploration
(Oro del Norte)
2. Rio Caimito Prospect
3. Santa Lucia Prospect
Molejon Gold Proyect
4. Bellencillo Prospect
5. Pifacito Prospect
6. Rio Hoja Prospect
19

20. PRIMARY EXPLORATION TARGETS
Oro Del Norte Prospect
Rock chip anomalies
Oro Del Norte (up to 287g/t Au)
Prospect
Stream sediment sample anomalies
(up to 45.75g/t Au)
Soil sample anomalies
(up to 7.8g/t Au)
Santa Lucia &
Rio Caimito Prospects
Will commence Phase I in the 2nd Quarter at
the Santa Lucia and Rio Caimito Prospects
Santa Lucia
MOLEJON Prospect Work to include:
- mapping and rock chip sampling
- geochemical soil sampling
20

21. ORO DEL NORTE PROSPECT
Work program
Phase 1:
Construction of field camp Completed
Exploration environmental impact study
Completed
Re-sampling to verify original auger
anomaly Completed
5 Km2
21

22. 5 Km2

23. ORO DEL NORTE PROSPECT
Phase 2:
Detailed geological/structural mapping
Commenced
Detailed geochemical sampling (hand auger
and rock-chip sampling) Commenced
Geochemical trenching program Commenced
Definition of Stage 1 drill targets Completed

24. 5 Km2

25. ORO DEL NORTE PROSPECT
Phase 3:
Complete 5000m HQ3 Diamond Drilling
Program Stage 1
Ongoing detailed geological/structural
mapping within the Oro del Norte
Mineralized Corridor
Ongoing geochemical sampling

27. 27

28. SPIN-OUT OF PANAMA DEVELOPMENT OF
INFRASTRUCTURE LTD.
Approved by Board of Directors
intends to distribute to its shareholders one (1) share of
for each four (4) shares of PTQ held on
the record date for the distribution.
Distribution of PDI will be effected by way of a Plan of Arrangement or some other tax-­‐
efficient mechanism. Transaction is subject to all requisite shareholder and regulatory
approvals.
28

29. Management team
Richard Fifer
Non Executive Chairman of the
Board
Richard Fifer Joao C. Manuel Antonio Renom
Former president and CEO of Mr. Manuel is the current CEO of A former Green Beret, Mr. Renom
Petaquilla Minerals Ltd. Mr Fifer has Petaquilla Minerals. Former CFO & has extensive experience in both PE
Joao C. Manuel been involved in the Petaquilla Deputy CEO of the Inapa Group Mr. and M&A where has been involved
President and CEO- Petaquilla Mining District since its inception. Manuel has over 20 years in major transactions in the
Minerals Ltd. Mr. Fifer has a wide management management experience in large renewable energy, Power & Utilities
experience in global companies such multinational corporations worldwide, and Infrastructure sectors. Mr.
as Texaco and Landmark and has including PWC, GE, ITT and Nokia. Renom has an MBA (with honors) at
Antonio Renom been also Advisor of National Mr. Manuel has a Bsc in Economics IE Business School and a MBT in
Security to the President of Panama at ISCEF of Lisboa and a Msc. In Finance at UC Berkeley.
General Manager- PDI and Governor of Cocle. Mngt at Boston University.
COO - PDI
Jose Luis Dieguez
Head of Business Development
James Cobbett
Head of Mining Services Jose Luis Dieguez James S. Cobbett Jose G. Carrizo
Being previously a Business A former CEMEX manager Mr. Jose has over 7 years of experience
Associate at Coram Clairfield Cobbet has a wide experience in the in the energy sector and has worked
Jose G. Carrizo Partners (Spain) Mr. Dieguez has mining sector and has being at Cummins, Inc. in Indiana, USA.
Head of Energy been involved in several national involved in the development of Mr. Carrizo graduated with honors
and cross-border M&A transactions. Panama Mining sector since 1997. A from the University of Texas at
Jose Luis is an Engineer in Telecom. fellow graduate in Mining Engineer Austin as a BS in Mechanical
and Master in Corp Fin & Law from at the University of Engineering. He also has a MBA
ESADE.Heis a diplomat (with Nottingham,james has a Msc. in from the Kelley School at Indiana
honors) inBAat UC Berkeley. Engineering Mngnt.at Univ. of University.
Louisville. 29

30. What is PDI?
Panama Development of Infrastructures (PDI) is the result of Petaquilla
Minerals (PTQ.TX) experience in the development of the Panama Mining
district at Cerro Petaquilla.
PDI has acquired a wide experience in the mining infrastructure services after
being responsible for the construction and development of Gold
mine plant as well as all the civil infrastructure development associated with
the project (aka. Roads, hospitals, energy transmission, etc).
After a restructuration and addition of world class professionals, PDI is ready
and focused in achieve a fully develop portfolio of projects in the Mining
Services, Energy and Construction sectors.
main goal is to be the key player in the currently booming demand of
Mining & Infrastructure Services in Panama as well as in the Caribbean
region

31. PDI Mining services district
New mining legislation to attract significant foreign investment.
sector: Petaquilla Mining District has the potential to position Panama as Latin next major
mining region.
Current players: Toronto Stock Exchange listed PTQ, Inmet Mining Corporation, Bellhaven Copper & Gold, Inc.,
Tech Resources Limited and Tiomin Resources Inc.
Growth drivers: International mining companies, eager to take advantage of record commodity prices.
Continued global tightness of supply.
Growing demand from the rapidly industrializing Chinese economy,
Petaquilla
Concession: 3rd largest copper deposit in the world.
Located approximately 120 km west of Panama City, in the Colon province.
Over the next 5 years, this remote and underexploited district will undergo a period of rapid,
large-scale mining development that is creating unprecedented demand for regional
infrastructure.
PDI advantage: Positioned as the earliest entrant in emerging mining services sector with the
successful construction and commissioning of mine.

32. PDI Business activities
Mining Services Construction Energy
PDI provides a wide range of Mining PDI has been responsible in the PDI is gradually entering in the
Services from Exploration & construction of roads, hospitals, development, construction and
Development to Operational phases. schools, transmission lines, a mining operation of renewable energy
Amongst other services, PDI offers: processing plant and other facilities projects in Central America.
Major earth movements related with mining operations. Due to the growing demand for
Aggregate Mining & Sales energy in the area PDI its leveraging
Heavy Equipment Fleet Management PDI is progressively entering into
Mining and Blasting strategic agreements with major on its experience to fully develop a
Mine & Civil Construction foreign companies in the Caribbean portfolio of renewable energy MW.
Environmental Programs
Campsite Services & Logistics area to became the local key player in goal is to became an integrated
Drilling and topography programs the region. local company in generation,
Permits and certification programs
management PDI is in negotiations to start transportation and distribution of
producing construction materials as energy for industrial partners in the
well as aggregates. region.

33. PDI Future Strategy
MT
ST
LT
Strategic
Spin off
partnerships
Capital raising IPO
Commercial
Selected agreements M&A
acquisitions
Biddings proceses

34. Promoting a Sustainable
34

35. COMMUNITY PROGRAMS
Main Social Programs
Carried Out
Communitarian Organization
Health
Education
Healthy Food (Warm Meals)
Sports
Child Sponsorship
Production Modules
35

36. PTQ 2010 KEY PRIORITIES
Develop existing resources at the Molejon Gold Project into expanding current
reserves from 535,000 oz at 1.0 g/t Au cutoff to approximately 1.2 million oz at 0.3
g/t Au cutoff
Expand production from an average of 2,200 TPD to 5,000 TPD
Accumulate cash and take advantage of market opportunities for gold reserve
expansion through acquisitions
36

37. PTQ VALUE DRIVERS FOR SHAREHOLDERS
Panama Development of Infrastructure Ltd. (PQI) Spin-Out
Commercial Production Approved by Panamanian Government!
Annual production estimated to be 100,000 ounces of gold
PTQ will aggressively explore and drill the many known targets on the world
class Petaquilla Mining Concession
Phase 1 of 2,200 TPD now complete with possible expansion to 5,000 TPD
from existing foundations already engineered
Operation in USD based and politically stable Panama
37

38. 410 - 475 West Georgia Street
Vancouver, B.C. Canada V6B 4M9
Telephone: +(604) 694-0021
Facsimile: +(604) 694-0063
Toll Free: (1)(877) 694-0021
Website: www.petaquilla.com
Email: info@petaquilla.com