3. 3
Canadian mineral exploration company whose focus is
growing the Hope Brook Gold project in Canada.
Coastal Gold’s flagship property is
the Hope Brook Gold Project in
mining-friendly, southwestern Newfoundland.
Currently completing a 4,250m resource
definition drill program to support a
Preliminary Economic Assessment
scheduled for completion early 2014.
Completed a 6,000m Fall drilling program in 2012
which outlined a major new near surface target
zone that extends 1,200m along strike.
Bulk of resource is within potentially open pittable
constraining shell defined at $1,400/oz gold and
cutoff grade of 0.5 g Au/t.
Updated NI 43-101 Mineral Resource released
for Hope Brook in October 2012 only 8 months
after initial estimate.
Strong Board, Management and Technical
Team committed to developing the project.
4. 4
Resource Definition Drilling
Resource Definition diamond drill program commenced August 2013
4,250 metres of diamond drilling planned in 23 drill holes.
Focus primarily on testing two main areas - The Footwall Target and Southwest
Pit extension to expand and upgrade potentially open pittable resources.
70 Vibracore drill holes to test gold mineralization within the tailings ponds.
Preliminary Economic Assessment (PEA)
Engineering and technical work for PEA commenced August 2013
Allan Polk, P.Eng. an experienced mining engineer appointed project manager
Update resource estimate following drilling to form basis for PEA
Study scheduled to be completed in early 2014
6. 6
100% ownership in 1,005 claims
covering approximately 25,000 ha*
Historical production (1987 –
1997) of 752,163 ounces gold in
time of low gold prices
(<US$400/oz)
Mine produced a copper
concentrate from 1993-1997
No exploration drilling on property
since 1996 until Coastal Gold
started diamond drilling in 2010
8. 8
High sulphidation gold
deposit formed from a
long lived magmatic-
hydrothermal system
Mineralized zone open
along strike and at
depth
Alteration pattern
similar to large scale
epithermal systems
Considerable upside
for outlining additional
higher grade
mineralization within
extensive lower grade
mineralization
9. Drill program identified a major new
near surface target zone in the
“Connector Zone” that extends for
1,200m along strike
Mineralized silicified zones were
intersected over a strike length of
3.4km demonstrating continuity of the
system
Thickness and character of the
Connector Zone alteration is
interpreted to be similar to that of the
former mine and 240 Zone
New Drill Results* include:
• Hole HB12-100: 1.51 Au g/t over 14m, 2.03
Au g/t over 8m, and 1.07 Au g/t over 18.1m
• Hole HB12-101: 1.04 g Au/t over 8.5m, 1.44 g
Au/t over 2.9m, and 1.35 g Au/t over 5.6m
9
10. Major Exploration Targets at Hope Brook
10
Information contained in this image is interpreted from the NI 43-101 Technical Report
11. New Structural Model with Major Folds
11
Drilling and geophysics have
identified a major fold structure that
closes below surface in the Connector
Zone. This explains why the silicified
horizon doesn’t come to surface
southwest of the existing mine where
historical drilling failed to intersect
the mineralized silicified zone.
12.
open
open
open
240 Zone
open
Mine Zone
Newly Identified Major Near
Surface Target Zone
*For full Mineral Resource Estimate, please refer to the
table and technical disclosures found on slide 13
13. 13
Constraining shell incorporates essentially all of the remaining historic resources in the
former Hope Brook mine in addition to new areas of resource as defined by Coastal
Gold, including the Pit Zone, Hanging Wall Zone and Mine Zone Extension.
There is a possible copper credit that is not included in the mineral resource due to
missing copper assays in historical drill holes.
Resource estimate includes a dyke dilution model hence reported grades are diluted
15. Deposit is open along strike
and at depth
Twinned holes typically
return much higher gold and
copper grades compared to
historical holes
Historic drill holes too short
to test depth extension
Widespread higher grade
mineralization
Silicified zones can be traced
using geophysics with new
drilling confirming intercepts
15
16. 16
Power from Provincial
Electrical Power Grid
Wharf on Tide Water
Existing Tailings Ponds
1.2km Long Air Strip
Ramp to 350m below surface
Excellent Local Labour Force
Highly rated mining jurisdiction
Good Road Network
Air Strip
Wharf
Ramp Portal
Wharf
Tailings Ponds
Power
Grid
Airstrip
17. Resource Definition Drilling
Resource Definition diamond drill program commenced August 2013
4,250 metres of diamond drilling planned in 23 drill holes.
Focus primarily on testing two main areas - The Footwall Target and Southwest
Pit extension to expand and upgrade potentially open pittable resources.
70 Vibracore drill holes to test gold mineralization within the tailings ponds.
Preliminary Economic Assessment (PEA)
Engineering and technical work for PEA commenced August 2013
Allan Polk, P.Eng. an experienced mining engineer appointed project manager
Update resource estimate following drilling to form basis for PEA
Study scheduled to be completed in early 2014
17
19. 19
Average adjusted market capitalization (AMC) for junior gold companies $23/oz
Coastal Gold adjusted market capitalization (AMC) $4/oz
JR. Golds – Explorers and Developers, AMC/oz Valuations, Bloomberg, June 4, 2013. Companies over $150/oz have been removed from this chart.
$23
$4
$0
$25
$50
$75
PremierGold
RomarcoMinerals
RainyRiverResources
DetourGold
MidwayGold
BeloSunMining
ExplorecoAvg=AvgAMC/oz
GuyanaGoldfields
ProbeMines
MaudoreMinerals
NorthernGold
MagellanMinerals
TemexResources
RyePatchGold
ChesapeakeGold
AmarilloGold
RioNovo
CarlisleGoldfields
CoastalGold
VictoriaGold
MegaPreciousMetals
PCGold
AurvistaGold
20. 20
Bill Pearson, Ph.D., P.Geo., President & CEO, Director
– Over 39 years of exploration experience from grassroots through to advanced projects and mine
development; former VP Exploration for Desert Sun Mining.
Greg Duras, CGA, CPA, CFO
– Over 14 years of corporate and project finance experience in the resource sector.
Colinda Parent, CFA, Corporate Development
– Extensive capital markets experience having spent more than 15 years in institutional equity sales
and five years in investment banking.
Josh Van Deurzen, JD, MBA, Corporate Secretary
– Corporate and securities lawyer who works as a legal consultant to various public and private
companies in the resource-based sectors.
Dave Copeland, M.Sc., P. Geo., Chief Geologist, Hope Brook
– Exploration geologist with more than 20 years experience.
Allan Polk, P.Eng., Project Manager, Hope Brook PEA
– Mining engineer with more than 20 years of experience in mine operations, consulting, feasibility
studies, and construction projects for both underground and open pit mines around the world.
Chris Hale, Ph.D., P.Geo., Chief Geophysicist
– Exploration geophysicist with more than 35 years experience worldwide.
21. Justin Reid, MBA, Executive Chairman
– Experienced geologist and capital markets executive with over 20 years of experience focused
exclusively in the mineral resource space.
Bill Pearson, Ph.D., P.Geo., President & CEO, Director
David Gower, P.Geo., Director
– Over 20 years’ experience with Falconbridge & Noranda (now Xstrata), most recently as GM of
Global Nickel & PGM Exploration.
Mike Hoffman, P.Eng., Director
– Professional mining engineer with over 25 years of experience in mine operations, projects,
engineering and corporate development.
Brian Penney, P.Eng., Director
– Twenty years of experience in the mining sector also includes senior operating and environmental
positions in the gold industry, current COO of Alderon Iron Ore Corp.
David S. Warner, MBA, Independent Director
– Accounting professional with 30 year career spent at KPMG LLP, most recently as Partner.
Adrian Bray, P.Geo., Independent Director
– Twenty-five years of experience on national and international projects, currently Executive Vice
President and Senior Geologist at King and Bay West
21
