1. A Premier Gold Explorer
in Colombia
Q1, 2012

2. [2] Forward Looking Statement
The following information may contain forward–looking statements. Forward
looking statements address future events and conditions and therefore involve
inherent risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statement. Forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause Llave
Oro’s actual results, level of activity, performance or achievements to be materially
from those expressed or implied by such forward-looking information. Such factors
include, but are not limited to: uncertainties related to the historical resource
estimates, the work expenditure commitments; the ability to raise sufficient capital
to fund future exploration or development programs; changes in economic
condition or financial markets, regulatory, political and competitive developments;
technological or operational difficulties or an inability to obtain permits required in
connection with maintaining, or advancing projects; and labour relation matters

3. [3] Llave Oro Value Creation
• A highly experienced management team
assembled in Colombia and Canada to review, Pre-IPO
$3.4M @ $0.20
acquire and develop gold assets Financing
Shares
• A premier Colombian-based team with a track 28,709,850
Outstanding
record of significant exploration success
• Identified, assembled, negotiated and Fully Diluted 40,009,881
advanced exploration on Continental
Gold’s (TSX: CNL) key assets
Warrants 8,500,000 @ $0.30
• Strong relationships throughout Colombia,
with a collective 70 years working in the
country Options 2,800,031 @ $0.20
• Currently advancing the public listing process
• A strong Board with extensive experience building companies and
creating shareholder value in the capital markets
• Utilizing international experience to lead the formation of Canadian
Chamber of Commerce Mining Task Force in Colombia with the
support of the Canadian Embassy

4. [4] Gold Focused
• Large-scale gold project acquisitions
identified
• Located in Antioquia state
• Very prolific gold region over past
several hundred years
• Majors nearby:
• AngloGold Ashanti (NYSE: AU),
Continental Gold (TSX: CNL),
B2 Gold (TSX: BTO)
• Managed security environments
• Additional strategic and influential relationships being pursued

5. [5] Management Team
MICHAEL SMITH, R.G., President
Geologist with significant international mining operations experience. Served as Chief Mine Geologist
for Barrick Gold Corp. at the Gold Strike Mine in Nevada. Subsequently became General Manager of
Exploration and Development for Barrick Gold in South America
BALMER ECHEVERRI, VP Exploration
Geological engineer with Masters degree in Economic Geology, 10+ years mining experience mainly in
Colombia. Former Country Manager at Barrick-Colombia, led discovery of the 7 million oz. Marsella
deposit
ADRIANA GONZALEZ, General Manager
Significant mining company experience in Colombia; a mining engineer with a Master’s degree in
Environmental Management, 20+ years experience regulatory affairs, former Concession and
Environmental Manager, Colombia with Continental Gold
MARTA TOBÓN, Corporate Social Responsibility
Responsible for Corporative Social Responsibility programs. Experience includes Continental Gold and
Alcaldia de Medellín

6. [6] Board of Directors
JOHN CARLESSO, Executive Chairman
The founder of Cervello Capital Inc., a private merchant bank based in Toronto; has over 15 years of
international business experience; Executive Chairman of Oremex Silver Inc. and Oremex Gold Inc and
founder of Mogul Ventures Corp. Has extensive experience in the junior mining sector – held the
position of Vice President, Corporate Development at Desert Sun Mining Corp, a company acquired by
Yamana Gold Inc.
STEVEN KHAN, CFA, MBA, Director
Previously spent 20 years in all aspects of the investment industry including executive positions with
both regional and national full-service Canadian investment brokerage houses. Current focus is on
strategic corporate and business development as well as resource and venture capital financing
GORDON WYLIE, Director
Former AngloGold Ashanti VP Exploration, initiated AGS’s activities in Colombia, former Board Member
Continental Gold, Director of Lydian International
MARC BAMBER, Director
Mr. Bamber is a senior natural resources hedge fund management specialist with seven years’ experience
at the UK-based, RAB Capital. He is very knowledgeable in the natural resources investment sector and
possesses a deep understanding of the UK and European markets

7. [7] Why Colombia?
• Fifth largest economy in Latin America:
GDP US$285 billion (IMF)
• Steadiest GDP growth in Latin America
1970 – 2007 (World Bank)
• Lowest avg. inflation in Latin America
1998 – 2008 (DANE)
• Second best business climate in Latin
America (World Bank)
• Second best investor protection in Latin
America (Forbes)
• Fourth largest market capitalization total in
Latin America
• US$8.8 billion infrastructure investment
through 2012
• Nominal corporate tax rate approximately
33%

8. [8] Foreign Investment in Colombia

9. [9] Major Mining & Exploration Projects
AREA
Total 1,141,748 km2
% Water 8,8%
Borders 6,004 km
POPULATION
Total 46,000,000
Density 38 hab/km2

10. [ 10 ] Projects Overview
POPALES PROJECT
• Located 7 km from Buritica
• Artisanal mining inventory (ongoing)
• Geological mapping (completed)
• Vein mapping
• Rock geochemistry
• Ground Magnetic Survey (completed)
• Trenching (completed)
• NI 43-101 Technical Report
• Drill ready project
EL RAYO PROJECT
• Rock and soil geochemistry
(completed)
• Trenching
• Geological mapping (ongoing)
LLAVE ORO INC. PROPERTIES

11. [ 11 ] Popales Project
• Located 150 km NW of Medellin in an
emerging, high-grade district within the
Cauca gold belt
• 7 km from Continental Gold’s Buritica
project
• Multiple gold bearing veins
identified through preliminary
exploration
• Mineralization very similar to
Buritica project
• Many artisanal mines
• Grades up to 68 g/t Au
• Altered rock between veins assayed up to
13 g/t Au
• High grade vein and bulk mining
potential
• Drill-ready project with the location of
7 drill-holes identified

12. [ 12 ] Regional Geology Popales
• Located in the prolific Cauca Belt
• 294 hectares, two blocks
• Large gold deposits in the belt
include:
• Buritica (Continental Gold):
4M oz. Au
• La Colosa (Anglo Gold):
13M oz. Au
• Completed 288 line-meters of
trenching
• 8 m at 3.5 g/t Au
• 16 m at 0.8 g/t Au, including 8
m at 1.22 g/t Au
• 10 m. @ 0.5 (g/t) Au

13. [ 13 ] Popales Geochemistry
• Widespread mineralization
indicates:
• large hydrothermal
system and
• provides numerous drill
targets
• Copper and silver
mineralization is associated
with gold mineralization
Map: Rock chip sampling Au g/t

14. [ 14 ] Popales Trenching and Proposed Drilling
• Numerous, high-grade veins
up to 68g/t Au
• Many of the high-grade
veins support Artisanal
mining
• Mineralized stockwork zones in
wall rock indicate bulk
mineable potential
• Completed trenches with assays
pending, exposing stockwork
zones
• 4 trenches for a total of
288m line
• 100 chip-channel samples
pending results
• Proposed drilling: 7 holes
totalling 3,400m

15. [ 15 ] Popales Ground Mag
• Ground magnetic survey
completed, 23.8 line-kilometers
• Data is being interpreted
• Gold mineralization associated
with magnetic minerals
• Expected to provide additional
drill targets

16. [ 16 ] Buritica & Popales Comparison
• Distribution and type of
high-grade veins at Popales
is very similar to Buritica
• Identified 45 high-grade
Buritica-like veins
100 m.
ILLUSTRATIONS
Top: Popales Veins
Bottom: Buritica Veins

17. [ 17 ] Popales Images
Sample from high grade vein One of many small mills at Popales
• Agreement to acquire 90% for US$2.5M over a 24 month period

18. [ 18 ] El Rayo Project
• Located ~55km NE of Medellin in the
San Roque municipality
• One concession, 270 hectares Gold Anomalies
• Open cut exposes a shear zone
roughly 11m wide, length appears to
be 1+km
• Chip samples yielded from 4.2 g/t Au
up to 16.6 g/t Au
• Alteration consists of silicification,
propillitic and sericite zones within Potential Mineralized Trend
N 70 E trend of 50 m width
• This style of alteration is typically
associated with gold deposits
observed at B2/AngloGold
Ashanti's near Gramalote deposit
• Lithological and alteration maps are being prepared
• Agreement to acquire 90% for US$2.2M

19. [ 19 ] El Rayo Regional Geology
• Located in the prolific
Antioquia Batholith
Belt
• Majors nearby:
AngloGold Ashanti,
Gramalote and B2Gold

20. [ 20 ] El Rayo Geochemistry
• Geochemistry of rock chip and
soil samples indicate two
mineralized zones:
• 200m by 50m of gold
anomalies ranging from 0.1
to 5.4 g/t Au
• 270 m by 170 m ranging
from 0.1 to 2.6 g/t Au

21. [ 21 ] El Rayo Geochemistry Los Barrera Zone
• Surface sampling showed
significant anomalies of gold
• Results of 39 soil infill and
30 m trenching sample
results are pending

22. [ 22 ] Llave Oro Overview
• Early-stage investment opportunity
• Start-up level valuation
• Significant catalysts and activity during 2012
• Ongoing program
• Geological mapping and sampling
• Popales and El Rayo have multiple “drill-ready” targets
• Final stages of permitting
• Continued due diligence on additional project acquisitions
• Advancement of go–public process
• Best in class team with vast expertise in Colombia
• Still “early days” in Colombia

23. [ 23 ] Contact Information
P +1 416. 309.4325
F +1 416.364.3346
Bay Adelaide Centre
Suite 1200, 333 Bay St.
Toronto, ON
M5H 2R2 Canada
information@llaveoro.com
www.llaveoro.com