2. 1
Forward Looking Statements
The following presentation may include certain “forward-looking statements” within the meaning of the United States Private
Litigation Reform Act of 1995 and applicable Canadian Securities Laws. All statements, other than statements
of historical fact, included in the presentation, including, without limitation, statements regarding potential mineralization and
reserves, exploration results, and future plans and objectives of Tamaka, are forward-looking statements. Words such as
“expect”, “anticipate”, “estimate”, “may”, “will”, “should”, “intend”, “believe” and other similar expressions are forward-looking
statements. Forward-looking statements are not guarantees of future results and conditions but rather reflect our current views
with respect to future events and are subject to risks, uncertainties, assumptions and other factors, and actual results and future
events could differ materially from those anticipated in such statements. There can be no assurance that such forward-looking
statements will prove to be accurate. We base our forward-looking statements on information currently available to us and we do
not assume any obligation to update them, except as required by law.
An additional Cautionary Note to Investors – In the event that we use certain terms in this presentation, such as “resource”,
“measured resource”, “indicated resource” and “inferred resource”. U.S investors are cautioned that, while such terms are
recognized and required by Canadian Securities Laws, the United States Securities and Exchange Commission does not
recognize them. Under U.S. standards, mineralization may not be classified as a “reserve” unless the determination has been
made that the mineralization could be economically and legally produced or extracted at the time the reserve determination has
been made. U.S. investors should not assume that all or any part of measured or indicated resources will ever be converted into
reserves. In addition, “inferred resources” have a greater amount of uncertainty as to their existence and as to whether they can
be mined legally or economically. Accordingly, information concerning descriptions of mineralization in this presentation may not
be comparable to information made public by companies that are subject to the SEC’s Industry Guide 7.
The technical information contained in this presentation has been reviewed and approved by D. Roger Scammell, P. Geo.,
Tamaka Gold Corporation’s Vice President Exploration, who is a Qualified Person as the term is defined in NI 43-101.
3. 2
Investment Highlights
Tamaka has created a world class deposit in Ontario, Canada, the Goldlund Deposit.
M&I Resources of 1,275,700 ounces @1.96 g/t
Inferred Resources of 2,763,000 ounces @ 2.11 g/t
Deposit remains open to depth and along strike
Goldlund is being evaluated for development potential.
Whittle pit analysis indicate strong metrics.
Areas have been identified for potential starter pits within Zone 1 and 7.
Metallurgical test work demonstrate 92% average recovery.
Goldlund is situated near excellent infrastructure within proximity of a sizeable workforce.
The lower Canadian dollar has materially strengthened gold price in $CDN terms.
M & A activity consistently supports shareholder value creation.
Strong management team.
4. 3
ManagementManagement
Howard Katz
President & CEO
Joined Tamaka as CEO in June 2011. Former head of mining investment banking at a leading national
firm. Over 10 yrs of experience in mining financing and financial advisory services in the junior and
intermediate mining sector. Former board member of Premier Royalty Corporation, a TSX listed company
acquired by Sandstorm Gold Ltd.
D. Roger Scammell
VP Exploration
Over 40 yrs of experience in the mining and exploration industry in N. America. Former Country Manager
for Teck Corporation and its Mexican subsidiary. Discovered the 72M tonne San Nicolas massive sulphide
deposit and the El Limon gold skarn deposit. Roger was also responsible for the exploration,
development, and initial production of the Nuestra Señora polymetallic silver mine owned by Scorpio
Mining Corporation.
Karel Pieterse
VP Operations
Mining Engineer with over 40 yrs of mine construction and operating experience. Previous experience as
Project Engineer (Fox Lake & Pine Bay), Mine Superintendent (Asbestos Corp.) and General Mine
Superintendent (Patino Mines). Responsible for initiating, constructing and operating at least 17 projects
including Hemlo’s David Bell and Golden Giant mines, and Inco’s Shebandowan underground and
Whistle open-pit mines.
John Oliveira
VP Finance & CFO
Joined Tamaka in June 2010. Chartered Accountant with over 10 yrs of experience. John has also served
as Controller and Chief Financial Officer of several junior mining and exploration companies.
Brigitte Baker
Manager of Exploration
Prior to joining Tamaka in 2012, worked in various geological and project management capacities at New
Gold, Manex Resources Corporation, Pacific Ridge Exploration and Future Metals. Brigitte has a degree
in Geological Engineering from Queens University.
George Kakeway
First Nations Consultant
George is an Ojibway from the Wauzhushk Onigum Nation born and raised on Lake of the Woods in the
Treaty #3 Territory. George was elected Chief of the Wauzhushk Onigum Nation where he served for 26
yrs.
5. 4
Board of DirectorsDirectors
Frank Zoebelein
Chairman
Founder and major shareholder of highly successful furniture manufacturer (REFF), publicly traded on
TSX. REFF divested to Westinghouse in 1989, and Mr. Zoebelein has since devoted substantial time and
resources to mining-related projects.
Howard Katz
Director
President & CEO of Tamaka Gold Corporation.
Kenneth Stowe
Lead Director
President of Northgate Minerals since 1999 and served as CEO from 2011 until his retirement in 2011.
Mr. Stowe has also held senior positions with Diamond Fields, Noranda, and Westmin. Current director of
Hudbay, Alamos Gold and Klondex Exploration.
Farokh S. Hakimi
Chair – Audit Committee
Executive VP and CFO of Inco until its acquisition by Vale in 2006. Former VP and CFO of Rio Algom
Ltd..
Abraham Drost
Director
Registered Professional Geoscientist with over 25 yrs of experience in the Canadian mining industry.
Former President of Sandspring Resources and Sabina Silver. Current President & CEO of Carlisle
Goldfields (TSX:CGJ)
Donald Sheldon
Director
Securities lawyer and professional engineer with more than 30 yrs of experience. Executive officer of
Sheldon Huxtable Professional Corporation and Rockex Mining. CEO of MetalCORP, and a Director of
Champion Minerals, GoldTrain Resources, Carlisle Goldfields, and Crown Gold Corporation.
Steven Marshall
Director
Co-founder, President & CEO of RASOLAR and co-founder of Folio Asset Management, a leading
creator and distributor of structured products.
6. 5
Overview: World Class Jurisdiction
Located near Sioux Lookout, Ontario
Site of historic gold mining
The Goldlund Deposit is situated on the
Wabigoon Greenstone Belt
It is in a similar geological setting to the
Rainy River Project
Ontario M&A activity includes: Probe
Mining (Goldcorp), Rainy River (New
Gold), Magino (Argonaut Gold), Coté
Lake (Iamgold), Kirkland Lake
(Queenston Mining),Young-Davidson
(Aurico).
Source: Company Reports
7. 6
Gold District Next to Excellent Infrastructure
Approximately 350 km² (100%
Controlled)- represents district scale
potential
The Property covers a 32 km trend with 18
km of mineralized strike already
established
Adjacent to provincial Ontario highway
Hwy 72
Power and rail lines in close proximity
Natural gas pipeline along HW 17
Abundance of skilled labour
Site supports year-round work conditions
N
8. NI 43-101 Global Resource Estimate*
Cut-off Class Million
Tonnes
Au
(g/t)
Ounces
0.4 g/t
Measured 8.9 2.06 589,000
Indicated 13.6 1.64 719,000
M & I 22.5 1.81 1,308,000
Inferred 48.1 1.86 2,870,000
0.5 g/t
Base Case
Measured 8.4 2.15 582,000
Indicated 11.7 1.84 691,000
M & I 20.1 1.97 1,274,000
Inferred 40.5 2.12 2,760,000
0.7 g/t
Measured 7.4 2.37 562,000
Indicated 9.2 2.18 644,000
M & I 16.6 2.26 1,206,000
Inferred 30.5 2.62 2,569,000
1.0 g/t
Measured 6.2 2.67 529,000
Indicated 6.5 2.74 571,000
M & I 12.7 2.70 1,100,000
Inferred 22.0 3.31 2,339,000
Global Resource Estimate
* This global resource estimate was taken from Tamaka’s January 2015 NI 43-101 compliant resource statement prepared by WSP.
7
10. 9
Goldlund Deposit: Large Scale Bulk Tonnage
The gold bearing veins are hosted by seven felsic sills with mineralization delineated over a 3 kilometer
strike length.
Deformation created a stock-works within the sills which can be up to 50 meters wide.
The intervening volcanics also host gold bearing shears not included in the current resource calculation
The free gold is finely disseminated and associated with pyrite and pyrrhotite.
11. Drill Targets – Additional In-Pit Resource Potential
10
TARGET 1 ZONE 2/3 NE Ext.
(Hole K11- 137 40.4 m @ 1.59 g/t gold)
TARGET 1
CONNECTION BETWEEN
ZONES 1 & 7
TARGET 3
NE EXTENSION ZONE 1
TARGET 6 ZONE 2 SW Ext.
(Hole G08-74: 44.5m @ 0.54 g/t gold)
TARGET 7 ZONE 2/3 NE Ext
I.P. ANOMALIES
(Hole K11-110 22.9 m @ 0.40 g/t gold)
TARGET 4
ZONE 1 SHAFT PILLAR
Historical Drilling
+ Recent Drilling
+ Geophysics
+ IP Survey
+ Sampling
=
High Priority
Targets
Focused on
Expansion
TARGET 8
ZONE 7 UPGRADE
TARGET 5 ZONE 4 SW Ext.
(Hole L111: 27.73m @ 1.74)
13. Whittle In-pit Resource Estimate
* This global resource estimate was taken from Tamaka’s January 2015 NI 43-101 compliant resource statement prepared by WSP.
NI 43-101 Whittle Pit Resource Estimate*
Gold Price Class Million
Tonnes
Au (g/t) Ounces
In Pit
Base Case
US $1200
Strip 6.2:1
Measured 8.4 2.1 571,000
Indicated 10.6 1.82 571,000
M & I 19.1 1.94 1,194,000
Inferred 25.8 2.51 2,085,000
In Pit
Conservative
Case
US $840
Strip 5.1:1
Measured 8.1 2.14 561,000
Indicated 8.0 2.02 521,000
M & I 16.1 2.08 1,082,000
Inferred 18.4 2.98 1,766,000
12
14. Content of Pit Shell ($US 1200/oz)
• Potential for starter pit
• Demonstrates continuity
13
15. Pit Shell (US $1200 / oz) (Long Section View)
• Maximize Open Pit Size Pit Shell Scenario
14
BLOCK MODEL
Au_Gt_Ok
• 322.0 M tonnes Rock
• 44.9 M tonnes “Ore” @ 2.2 g/t (0.4 g/t cut-off)
• 3.1 M Ounces contained
• 6.2 Strip Ratio
• Pit depth approximately 200 metres
E
N
Outside Pitshells reported from Surpac, no dilution, no losses
17. Conclusions - Whittle Analysis
• Open Pit viable
• Pit Optimization Sensitivity
• Overall slope angle has limited impact on pit value
• Metal recovery has limited impact on pit value
• Differences within range of accuracy of geologic model
• Suitability of starter pit – preliminary work indicates opportunity for enhancing early
economic return
• Additional diamond drilling required to:
• Enhance in-pit resource
• Collect geotechnical data
• Determine hydrogeologic regime
• Project shows favorable economic potential
16
18. 17
Metallurgical Testing
Overall recovery ranged from 85% to 96% - average 92%.
Thirteen samples tested (1,138Kg) – representative of entire resources.
All zones represented and samples reflected resource grade.
Mineralized material at Goldlund has straightforward mineralogy.
Net results of deportment study is that Goldlund deposit’s contained gold is readily liberated and
recovered
All test composite samples when ground to a nominal P80 of 45μm contained significant coarse gold
amenable to gravity separation followed by bulk leach (48hr retention) to recover substantially most
of the gold – suggest a simple Gravity/CIL recovery circuit.
ABA testing indicate that Goldlund mineralization can be classified as potentially non acid generating.
Bond Work Index produced an average of 14.9 Kwh/t; categorized as Medium
Test program by SGS Mineral Services.
19. 18
Potential Strike Extension – “Blue Sky”
Only 3.5 km of strike length explored
Known mineralization extends over
18.0 km strike (historical drilling)
Multiple targets have been generated
along strike
Favorable geologic setting identified
over 50 km strike length
20. MILES LAKE PROSPECT
17.1m @ 0.83 g/t gold
(Trench sample)
EAGLELUND PROSPECT
6.9m @ 0.85 g/t gold
SLOUGH LAKE
PROSPECT
4.0m @ 4.1 g/t gold
QUYTA PROSPECT
5 – 7 M tonnes grading 0.6 – 0.9 g/t gold
T-21-VH
T-24-H
T-27-H
T-32-H
T-29-H
T-31-H
T-35-M
T-36-H
T-37-M
T-38-H
T-20-H
T-19-H
MILLER/SCOTIA
PROSPECT
49.0m @ 0.99 g/t gold
T-26-H
T-34-VH
Potential Strike Extension – “Blue Sky”
2 Km
Historical Drilling
+ Geophysics
+ IP Survey
+ Sampling
=
High Priority
Targets
Focused on
Blue Sky
Potential
19
22. 21
First Nations
Agreements in place with both First Nation partners
Tamaka consistently employs members of the First Nations on the project
Tamaka is committed to building a sustainable partnership
Howard Katz shaking hands with Chief Ruben Cantin Sr. of
Wabigoon Lake Ojibway Nation on signing MOU between
Tamaka and WLON.
Howard Katz presenting gift to Chief Clifford Bull of Lac Seul First
Nation on signing Negotiation Protocol between Tamaka and Lac
Seul.
23. 22
Rundle-Swayze Project
Rundle-Swayze project has excellent upside potential
South Rundle NI 43-101 Resource
Measured 7.44g/t 7,800oz
Indicated 7.27g/t 83,900oz
Measured/Indicated: 7.28g/t 88,600oz
Inferred: 6.19g/t 59,700oz
The calculation above was completed using a 2.0g/t cut-off
Swayze NI 43-101 Resource
Measured 7.71g/t 15,300oz
Indicated 5.58g/t 67,400oz
Measured/indicated: 5.88g/t 82,700oz
Inferred: 4.50g/t 94,400oz
The calculation above was completed using a 2.2g/t cut-off
On a prospective trend 40 km from IAMGOLD’s Coté Lake Project (formerly Trelawney)
Multiple targets identified, potential to significantly expand resource
Significant infrastructure and Capital equipment in place
Fast track to production
Will seek to unlock value over the coming year
Resource Statement taken from updated P & E Mining Consultants Inc., NI 43-101 Report January 2013
24. 23
Tamaka Corporate Objectives
Prepare for Preliminary Economic Assessment (PEA)
Pursue additional in-pit drill targets with the objective to further expand the
Goldlund Project
Continue de-risking activities that will form the basis of a PEA
Assess corporate opportunities
Expand, Advance and De-risk Project
to maximize shareholder value
25. 24
Share Capital Structure
Type Shares
Total Basic Shares 45,096,058
Options 4,509,605
Warrants 15,583,528 ** As of January 1 2015
Convertible Debentures - (1)
F.D. Shares 65,189,191
Equity Financing History Notes
December 2012 Raise
(non- brokered) 44,166 Units at $1.20
$1,279,210 908,303 Flow Through units at $1.35
December 2011 Raise
(non- brokered) 1,616,333 Units at $1.20
$4,331,347 1,771,665 Flow Through units at $1.35
Summer 2011 Raise
(non brokered) 7,644,259 Units at $1.05
$12,532,845 4,005,665 Flow Through shares at $1.125
(1) $2,038,000 in senior unsecured convertible debentures is convertible into shares at ½ of the price ascribed
to a Tamaka share at the time of a liquidity transaction. 10% annual coupon, with 50% PIK option.
28. 27
For further information, please contact:
Howard Katz President & CEO Akiva Aronson Director, IR & Business Development
Email: hkatz@tamakagold.com Email: aaronson@tamakagold.com
Phone: 416.583.5242 Phone: 416.583.5245
401 Bay Street, Suite 2702, Box 48, Toronto, ON, M5H 2Y4
February 2015
