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ADVANCED
EXPLORATION
GOLD


             PROJECT
IN
COLOMBIA

TSX‐V:
SFF
|
Corporate
Presenta5on

                           April
2012


                                     1

Forward
Looking
Statements


Forward-looking statements are subject to a number of risks and uncertainties that may cause the
actual results of Seafield to differ materially from those discussed in the forward-looking statements,
and even if such actual results are realized or substantially realized, there can be no assurance that
they will have the expected consequences to, or effects on Seafield.

Seafield expressly disclaims any obligation to update or revise any such forward-looking statements.
Forward looking statements include, but are not limited to, statements with respect to the timing and
amount of estimated future exploration, success of exploration activities, expenditures, permitting, and
requirements for additional capital and access to data.

Forward-looking statements involve known and unknown risks. Such factors include, among others,
risks related to actual results of current exploration activities; changes in project parameters as plans
continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property
interests; future prices of mineral resources; accidents, labour disputes and other risks of the mining
industry; ability to obtain financing; and delays in obtaining government approvals or financing.




                                                                                                            2

Investment
Highlights


  Currently under the stewardship of a new management team:
    •  Over 20 years of mineral exploration and development experience in Latin
       America


  Advanced stage exploration projects with excellent gold recovery rates
   (90%)

  Gold properties located in an area of excellent infrastructure 


  Well-financed - $10 million


  Largest concession owner in the mineral-prolific Quinchia district
    •  6,757 Ha., 100%-owned
    •  >80% remains unexplored



                                                                                  3

Capital
Structure

Listing                                                 TSX Venture Exchange – SFF

Shares Outstanding                                                          168.9 M

Current Cash                                                             CAD $10 M

Warrants
      CAN$0.175 (09Jun12)            #                                     319,102
      CAN$0.25 (09Jun12)
                        #                                                10,612,816
      CAN$0.50 (11Dec12)             #                                   1,725,000
      CAN$0.75 (11Dec12)             #                                  30,000,000

Options                                                                       11.4 M

Fully Diluted Shares                                                         223.6M

Top Institutional Shareholders                 Sprott Asset Management, U.S. Global
                                              Investors, AGF, Yamana Gold, Southern
                                          Legacy Minerals, Libra Fund, Armada Capital
                                                                                        4

Management
Team

CESAR A. LOPEZ, PRESIDENT & CEO               STEPHANIE ASHTON, CFO
  Mining Attorney, M.Sc. Mineral               MBA International Legal and Tax Strategy
   Economics                                    M.Sc. Mineral Econ.
  17+ years of mineral development             17+ years of mineral development
   experience in Latin America                   experience in Latin America
  Founder & former CEO of AQM
   Copper, White Mountain Titanium
   Corp.                                      GIOVANNY ORTIZ, GENERAL MANAGER -
  Founder of Centenario Copper               COLOMBIA
   Corporation, which merged with               Geologist with more than 17 yrs
   Quadra Mining                                 experience in Colombia
                                                Former Exploration manager - saw
                                                 Angostura Project through Feasibility level
TOM HENRICKSEN, VP EXPLORATION
  Economic Geologist with 35+ years
   experience in exploration.                 ELINA CHOW, VP CORPORATE
  15+ years in Latin America
  Track record:
                                              DEVELOPMENT
     •    Corani and Ollachea for Rio Tinto     8+ years of marketing and investor
     •    Challacollo for Silver Standard        relations experience
     •    Constancia for Norsemont              Formerly with Continental Gold Limited,
     •    Zafranal for AQM Copper                Auryx Gold Corp. and Colossus Minerals
                                                 Inc.
                                                                                               5

Board
of
Directors


CESAR LOPEZ                                      JUAN VILLARZU
  Mining Attorney                                 Former President of CODELCO
  Founder of AQM Copper, Centenario Copper,       Former World Bank Economist
   White Mountain Titanium Corp.
  17+ years of experience in South America      ANTONIO PICHARDO
                                                   Exec. Director Metals and Mining – WestLB Bank
DOUGLAS WU                                         Arranged debt financings totalling +$4 Billion
  Co-founder of G2 Investments
  25 years of experience in private equity      JIM PIRIE
                                                   40 years of experience in the mining industry
HOWARD CROSBY                                      Previously exploration manager with Breakwater,
  Director of Senetek & White Mountain             Granduc, Homestake and Esso Minerals
   Titanium Corp.
  Founder of US Silver                          ANTHONY ROODENBURG
  30 years of experience investing in natural     25 years of experience in corporate
   resources                                        development
                                                   Director/Founder of several TSX Venture listed
                                                    companies
                                                                                                     6



Seafield’s
Quinchia
Project
Loca5on


Middle Cauca Belt Hosts
+30 Moz Gold                                          Gramalote
2.3
Moz
Au

                                                      B2
Gold
                                   Colombia

    Excellent infrastructure

    Historic artisanal mining district      BuriDcá
3.1
Moz
Au

                                             ConDnental
Gold
                                    Bucaramanga


    Greatly under-explored                   TiDribi
8.3
Moz
Au
                    Medellin

                                              Sunward

                                                                                                 Bogota

  Contiguous to Batero Gold
                                          La
Mina
1.1
Moz
Au

   #Corp.’s property                      Bellhaven

                                                                    Quinchia
Gold

                                                                    Project

    World class deposits                                           Seafield
Resources


     •    La Colosa: 12.3 Moz Au                                                                                La
Colosa
12.3
Moz
Au

                                                                                                                    AngloGold
AshanD

     •    Buriticá: 3.1 Moz Au



                                                                                                                                 7

Quinchia
Project
Loca5on





                            8

Overview
of
the
Quinchia
Gold
Project



Seafield’s Quinchia Gold Project
Land Area                              6,757 Ha
Ownership                           100% owned
Drilling to Date                       30,000 m
                           Power & water nearby
Infrastructure          Accessible by paved road
Elevation             800-1,600 m above sea level
                   1.92 Moz Au @ 0.8 g/t Au M+I,
Miraflores Deposit     103K @ 0.6 g/t Au Inferred
Dosquebradas            920K Oz Au @ 0.5 g/t Au
Deposit                                  Inferred

                                                    Seafield’s
Concession
Map



                                                                          9

Quinchia:
Miraflores
Deposit


                                                            Hydrothermal
                                                             breccia pipe; low
                                                             sulphides; widens
Miraflores
Breccia
Pipe
                                      at depth
      
 
       
















                                                            Drill-tested
                                                             diameter of
                                                             280m x 250m,
                                                             with a vertical
                                                             extent of 600m
                                                             (open)

                                                            >15,000 m of
       Current
Drill
Zone

                                                             drilling to date

                                                            Excellent gold
                                                             recoveries
                                   View
is
to
the
West
      (>90%); Free
                                                             Gold
                                                  N

                                                                              10

Miraflores:
Drill
Plan


                        250m


280m





                     Depth:
600m
(open)

                                           11

Miraflores
Deposit
–
3D
Model



                                 250m





                        280
m

600
m





 SW
               N





                                         12

Miraflores:
Drill
Results


                   From            To         Interval         Au                       From       To     Interval   Au
 Hole No.                                                                  Hole No.
                    (m)           (m)           (m)          (g/t)                       (m)      (m)       (m)     (g/t)
QM-DH-03            53.1         502.1          449           1.29         QM-DH-15        91.6      99.6       8.0    1.35
 including         231.8         241.8          10.0          2.87          including      183      226.1      43.1    1.45
 including        282.55         306.5         23.95          9.18          including     232.1     273.8      41.7    1.35
QM-DH-04           127.3         168.3          41.0          0.94          including      277      303.9      26.9    0.73
QM-DH-11             0.0         369.7         369.7          1.00         QM-DH-16     175.00    285.40 110.40        1.31
 including         87.55        107.65          20.1          2.20          including   251.00    277.00     26.00     2.11
 including         251.9        344.95         93.05          2.42             and      294.60    358.20     63.60     0.75
QM-DH-13           105.3         122.7          17.4          1.71          including   297.40    317.60     20.20     1.21
 including         121.2         122.7           1.5         14.05         QM-DH-20     197.00    311.25 114.25        0.97
    and            137.9         154.2          16.3          1.43         QM-DH-23       33.00   200.20 167.20        0.73
    and            180.3        200.75         20.45          0.85             and      206.20    241.95     35.75     1.22
    and           218.75         273.8         55.05          0.83             and      259.95    388.20 128.25        0.60
                                                                           QM-DH-24     178.90    346.65 167.75        1.05
Note:
Grades
are
uncut
except
for
hole
QM‐DH‐11
where
one
                  including   258.70    302.80     44.10     2.94
2
 m
 sample
 in
 each
 hole
 returned
 a
 bonanza
 grade
 value

which
 was
 cut
 to
 20
 g/t
 Au.
 Intervals
 are
 calculated
 using
 a
   QM-DH-25     133.00    294.00 161.00        0.78
cut‐off
 grade
 of
 0.1
 g/t
 Au.
 Only
 intervals
 above
 0.3
 g/t
 Au
     including   153.10    189.40     36.30     0.95
reported





                                                                                                                              13

Miraflores
Resource
Es5mate

 Mineral Resources as at December 31, 2011
                    Measured
Category                            Indicated
Category                    Total
Measured
&
Indicated
 Cut‐off
        Tonnes
      Grade
      Gold
(Oz)
       Tonnes
       Grade
       Gold
(Oz)
       Tonnes
          Grade

       Gold
(Oz)

 Grade
         (1,000)      (g/t)        (1,000)         (1,000)       (g/t)         (1,000)         (1,000)          (g/t)          (1,000)
  (g/t)
   0.2          36,635        0.5              636        68,451          0.7           1,496         105,086            0.6           2,132
   0.3          28,511        0.6              577        49,330          0.9           1,348         77,841             0.8           1,926
   0.4          20,234        0.8              488        35,167          1.1           1,210         55,401             1.0           1,698
   0.5          14,667        0.9              415        25,892          1.3           1,086         40,559             1.2           1,501
   0.6          10,701        1.0              347        19,930          1.5            987          30,631             1.4           1,334

Tonnes                                                              **Based on 15,161 m of drilling in 35 diamond drill holes & 236 m of
                   16,214     5,526    3,206     2,480   2,159      underground channel samples. This     includes 11,536 m in 25 holes
(1,000)
Cut-off                                                             completed by Seafield through Dec 2011 and 3,624m in 10 holes
                     0.2       0.3      0.4       0.5     0.6       carried out by Anglogold Ashanti and B2gold between 2006‐2007.
Grade (g/t)
                     0.3       0.6      0.8       0.9     0.9
Inferred
Resource           172,022   103,043   79,366 70,164 64,553
Estimate (Oz)



                                                                                                                                            14

Miraflores
Metallurgical
Results

                                                           Average
                                                          Average

Item
                                                                     Item

                                                   Au
Recovery
%
                                                    Au
Recovery
%

                        Green
Breccia
                                            95%
White
Breccia
+
5%
Argillic
Blend


Gravity
+
Cyanida5on
                                          85.9
      Gravity
+
Flota5on
                                    95.6


Gravity
+
Flota5on
                                            95.6
      Gravity
+
Flota5on
+
Cyanida5on1
                      92.8


Gravity
+
Flota5on
+
Cyanida5on1
                              92.8
              85%
White
Breccia
+
15%
Argillic
Blend


                        White
Breccia
                                    Gravity
+
Flota5on
                                    96.4


Gravity
+
Cyanida5on
                                          89.2
      Gravity
+
Flota5on
+
Cyanida5on1
                      92.8


Gravity
+
Flota5on
                                            96.4

                                                                           Key findings for all test composites:
Gravity
+
Flota5on
+
Cyanida5on1
                              92.8


                            Basalt
                                          Highly amenable to gold recovery by
                                                                              conventional process flow sheets
Gravity
+
Cyanida5on
                                          89.4

                                                                             Contain significant amount of coarse
Gravity
+
Flota5on
                                              95
          gold amenable to gravity concentration
Gravity
+
Flota5on
+
Cyanida5on1
                              89.1
         Gold recovery was fairly independent of
                                                                              grind size
                          Note:

                          (1)
Overall
gold
recoveries
for
each
sample
type
were
es5mated
based
on
assuming
that
the
88%

                          gold
cyanida5on
extrac5on,
obtained
for
flota5on
concentrates
produced
from
green
and
white
             15

                          breccias,
also
applies
to
the
flota5on
concentrates
produced
from
basalts
and
argilleous
structures.

Miraflores
Gallery





                                                Diamond Drill Rig at Miraflores
Electrical Lines at Miraflores




                                                                                  Mineralized Structure in the Miraflores
                                                                                                                  Tunnel



                        Miraflores Drill Core


                                                   Core Logging and Analysis
                                                                                                                     16

Dosquebradas:
Drill
Plan






                             17

Dosquebradas:
Drill
Results


             From      To    Interval    Au                  From       To    Interval    Au
 Hole No.                                        Hole No.
              (m)     (m)      (m)      (g/t)                 (m)      (m)      (m)      (g/t)
QDQ-DH-01     20.1    31.2     1.11     2.00    QDQ-DH-15     0.0      20.9     20.9     1.11
    and       52.7    69.2     16.5     1.18    QDQ-DH-17    185.9   334.65   148.75     0.51
QDQ-DH-02    122.1   322.0    199.9     0.98        and      375.3    417.0     41.7     0.81
QDQ-DH-09    478.4   490.4     12.0     0.90
QDQ-DH-13    278.0   338.4     60.4     0.63        and      495.5    515.5     20.0     1.60
 DQ-DD-2*    158.0   226.0     68.0     0.62    QDQ-DH-18    211.3    241.9     30.6     1.23
   and*      232.0   268.0     36.0     0.90        and      354.2    459.5    105.3     0.76
 DQ-DD-3*    140.0   230.0     90.0     0.93    QDQ-DH-23    188.0    309.8    121.8     1.06
   and*      230.0   269.5     39.5     1.67
                                                 Including   211.6    254.3     42.7     1.27
QDQ-DH-14      2.0    28.2     26.2     0.91
    and      126.7   179.1     52.4     1.19
 including   126.7   142.2     15.5     1.59
    and      202.1   210.1      8.0     0.73




                                                                                                 18

Dosquebradas
Resource
Es5mate



Mineral Resources as at November 15, 2011
Cut-Off Grade         Tonnes          Grade           Cu       AuEq       Contained          Cu lbs             AuEq
  Au (g/t)            (1,000)        (g/t Au)        (%)       (g/t)      Au (ozs)          (1,000)            Ounces
      0.3             57,794            0.5         0.04        0.56       920,772          56,768           1,049,790
      0.4             34,593            0.6         0.05        0.68       664,609          38,428            751,947
      0.5             20,206            0.7         0.06        0.79       459,097          24,867            515,614
*Based
on
8,874m
of
drilling
in
20
diamond
drill
holes.

This
includes
8,287
metres
in
18
holes
completed
by
Seafield
in
2010

and
2011
and
587
m
in
2
holes
completed
by
Anglogold
Ashan5
in
2006.





                                                                                                                                19

Corporate
Social
Responsibility


Signing Member of the United Nations Global Compact
  World’s leading voluntary social responsibility policy
  www.unglobalcompact.org

Committed Community Engagement
  Partnership with Pereira Technological University to
   identify key stakeholders
  Construction of new pipelines, landslide relief, and
   donation of funds to local festivals

Environmental Focus
  Joint guidelines developed with regional authorities
   to ensure responsible practices



                                                            20

Timeline

Milestones                                                        Target
Acquire surface rights for Miraflores and Dosquebradas             Ongoing

Baseline Environmental/Geotechnical Studies for Miraflores         Ongoing

Commence regional exploration program to identify more targets           

Complete preliminary economic assessment (PEA) for Miraflores    April 2012

5,000-metre drill program at Miraflores                           Q3 2012

Commence underground drill program                                Q4 2012

Feasibility study for Miraflores                                  Q2 2013

Commence development towards production at Miraflores             Q3 2013

Production Miraflores                                             Q1 2015


                                                                           21

Peer
Comparison



       Company        Symbol   Share Price   Shares O/S (M)   M. Cap (M)       Resource (Moz)
                                                                           M+I g/t Inferred g/t
Seafield              SFF-V      $0.16            169            $29       1.9 0.80    0.103 0.60
                                                                                       0.920 0.50
Colombia Crest Gold   CLB-V      $0.25             86            $23                 NA
Batero Gold Corp      BAT-V      $0.76             50            $39       3.5  0.44     2.6  0.33
CB Gold               CBJ-V      $1.24            144           $180                 NA
Galway                GWY-V      $1.45            125           $188                 NA
Bellhaven             BHV-V      $0.40            112            $47                     1     0.77
Colombian Mines       CMJ-V      $0.47             33            $15                 NA
                                                                                      As of April 3, 2012




                                                                                                            22

Summary
of
Investment
Highlights

  One of the few exploration companies in Colombia with an advanced
   stage gold project
  Growing resource at Miraflores and Dosquebradas
    •  Continual delineation of resource
    •  Ongoing drill program
  Additional targets within 6,757 Ha land package to be identified
  Ongoing efforts to expand exploration concession in the Quinchia
   District
  Discounted compared to peers
    •  EV/oz is less than $10.00 (as at April 3, 2012)
  Excellent PEA level metallurgical results at Miraflores: >90% gold
   recovery
  Fully funded for 2012
                                                                        23

Facts
About
Colombia



  3rd friendliest country in Latin America to do business and 1st in
   investor protection (World Bank 2011)
  2nd most qualified labour force (International Mining and Development)
  Real GDP growth of 4.5% for 2012 (IMF)
  Mine royalties to government: 3.2%
  In 2011, FDI grew 56% to $14.8 billion, 82% was in the oil and
   mining sector (Globe & Mail)
  Colombia’s mining and energy sector investment to reach $57 billion
   over the next 5 years (Colombia Reports)




                                                                            24

Thank
You





                                 TSX‐V:
SFF




Seafield Resources Ltd.                                  Investor Relations:
20 Toronto Street., Suite 788,                              David MacMillan
Toronto, Ontario, M5C 2B8                      dmacmillan@sffresources.com
www.sffresources.com                              416-361-3434 ext. 202


                                                                          25


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Seafield Resources Ltd. - Corporate Presentation - April, 2012

  • 1. ADVANCED
EXPLORATION
GOLD

 PROJECT
IN
COLOMBIA
 TSX‐V:
SFF
|
Corporate
Presenta5on
 April
2012
 1

  • 2. Forward
Looking
Statements
 Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Seafield to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Seafield. Seafield expressly disclaims any obligation to update or revise any such forward-looking statements. Forward looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve known and unknown risks. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labour disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining government approvals or financing. 2

  • 3. Investment
Highlights
   Currently under the stewardship of a new management team: •  Over 20 years of mineral exploration and development experience in Latin America
   Advanced stage exploration projects with excellent gold recovery rates (90%)   Gold properties located in an area of excellent infrastructure 
   Well-financed - $10 million
   Largest concession owner in the mineral-prolific Quinchia district •  6,757 Ha., 100%-owned •  >80% remains unexplored 3

  • 4. Capital
Structure
 Listing TSX Venture Exchange – SFF Shares Outstanding 168.9 M Current Cash CAD $10 M Warrants   CAN$0.175 (09Jun12) # 319,102   CAN$0.25 (09Jun12) # 10,612,816   CAN$0.50 (11Dec12) # 1,725,000   CAN$0.75 (11Dec12) # 30,000,000 Options 11.4 M Fully Diluted Shares 223.6M Top Institutional Shareholders Sprott Asset Management, U.S. Global Investors, AGF, Yamana Gold, Southern Legacy Minerals, Libra Fund, Armada Capital 4

  • 5. Management
Team
 CESAR A. LOPEZ, PRESIDENT & CEO STEPHANIE ASHTON, CFO   Mining Attorney, M.Sc. Mineral   MBA International Legal and Tax Strategy Economics   M.Sc. Mineral Econ.   17+ years of mineral development   17+ years of mineral development experience in Latin America experience in Latin America   Founder & former CEO of AQM Copper, White Mountain Titanium Corp. GIOVANNY ORTIZ, GENERAL MANAGER -   Founder of Centenario Copper COLOMBIA Corporation, which merged with   Geologist with more than 17 yrs Quadra Mining experience in Colombia   Former Exploration manager - saw Angostura Project through Feasibility level TOM HENRICKSEN, VP EXPLORATION   Economic Geologist with 35+ years experience in exploration. ELINA CHOW, VP CORPORATE   15+ years in Latin America   Track record: DEVELOPMENT •  Corani and Ollachea for Rio Tinto   8+ years of marketing and investor •  Challacollo for Silver Standard relations experience •  Constancia for Norsemont   Formerly with Continental Gold Limited, •  Zafranal for AQM Copper Auryx Gold Corp. and Colossus Minerals Inc. 5

  • 6. Board
of
Directors
 CESAR LOPEZ JUAN VILLARZU   Mining Attorney   Former President of CODELCO   Founder of AQM Copper, Centenario Copper,   Former World Bank Economist White Mountain Titanium Corp.   17+ years of experience in South America ANTONIO PICHARDO   Exec. Director Metals and Mining – WestLB Bank DOUGLAS WU   Arranged debt financings totalling +$4 Billion   Co-founder of G2 Investments   25 years of experience in private equity JIM PIRIE   40 years of experience in the mining industry HOWARD CROSBY   Previously exploration manager with Breakwater,   Director of Senetek & White Mountain Granduc, Homestake and Esso Minerals Titanium Corp.   Founder of US Silver ANTHONY ROODENBURG   30 years of experience investing in natural   25 years of experience in corporate resources development   Director/Founder of several TSX Venture listed companies 6

  • 7. 

Seafield’s
Quinchia
Project
Loca5on
 Middle Cauca Belt Hosts +30 Moz Gold Gramalote
2.3
Moz
Au
 B2
Gold
 Colombia
   Excellent infrastructure   Historic artisanal mining district BuriDcá
3.1
Moz
Au
 ConDnental
Gold
 Bucaramanga
   Greatly under-explored TiDribi
8.3
Moz
Au
 Medellin
 Sunward
 Bogota
   Contiguous to Batero Gold La
Mina
1.1
Moz
Au
 #Corp.’s property Bellhaven
 Quinchia
Gold
 Project
   World class deposits Seafield
Resources
 •  La Colosa: 12.3 Moz Au La
Colosa
12.3
Moz
Au
 AngloGold
AshanD
 •  Buriticá: 3.1 Moz Au 7

  • 9. Overview
of
the
Quinchia
Gold
Project
 Seafield’s Quinchia Gold Project Land Area 6,757 Ha Ownership 100% owned Drilling to Date 30,000 m Power & water nearby Infrastructure Accessible by paved road Elevation 800-1,600 m above sea level 1.92 Moz Au @ 0.8 g/t Au M+I, Miraflores Deposit 103K @ 0.6 g/t Au Inferred Dosquebradas 920K Oz Au @ 0.5 g/t Au Deposit Inferred Seafield’s
Concession
Map
 9

  • 10. Quinchia:
Miraflores
Deposit
   Hydrothermal breccia pipe; low sulphides; widens Miraflores
Breccia
Pipe
 at depth 
 
 















   Drill-tested diameter of 280m x 250m, with a vertical extent of 600m (open)   >15,000 m of Current
Drill
Zone
 drilling to date   Excellent gold recoveries View
is
to
the
West
 (>90%); Free Gold N
 10

  • 11. Miraflores:
Drill
Plan
 250m
 280m
 Depth:
600m
(open)
 11

  • 12. Miraflores
Deposit
–
3D
Model
 250m
 280
m
 600
m
 SW
 N
 12

  • 13. Miraflores:
Drill
Results
 From To Interval Au From To Interval Au Hole No. Hole No. (m) (m) (m) (g/t) (m) (m) (m) (g/t) QM-DH-03 53.1 502.1 449 1.29 QM-DH-15 91.6 99.6 8.0 1.35 including 231.8 241.8 10.0 2.87 including 183 226.1 43.1 1.45 including 282.55 306.5 23.95 9.18 including 232.1 273.8 41.7 1.35 QM-DH-04 127.3 168.3 41.0 0.94 including 277 303.9 26.9 0.73 QM-DH-11 0.0 369.7 369.7 1.00 QM-DH-16 175.00 285.40 110.40 1.31 including 87.55 107.65 20.1 2.20 including 251.00 277.00 26.00 2.11 including 251.9 344.95 93.05 2.42 and 294.60 358.20 63.60 0.75 QM-DH-13 105.3 122.7 17.4 1.71 including 297.40 317.60 20.20 1.21 including 121.2 122.7 1.5 14.05 QM-DH-20 197.00 311.25 114.25 0.97 and 137.9 154.2 16.3 1.43 QM-DH-23 33.00 200.20 167.20 0.73 and 180.3 200.75 20.45 0.85 and 206.20 241.95 35.75 1.22 and 218.75 273.8 55.05 0.83 and 259.95 388.20 128.25 0.60 QM-DH-24 178.90 346.65 167.75 1.05 Note:
Grades
are
uncut
except
for
hole
QM‐DH‐11
where
one
 including 258.70 302.80 44.10 2.94 2
 m
 sample
 in
 each
 hole
 returned
 a
 bonanza
 grade
 value
 which
 was
 cut
 to
 20
 g/t
 Au.
 Intervals
 are
 calculated
 using
 a
 QM-DH-25 133.00 294.00 161.00 0.78 cut‐off
 grade
 of
 0.1
 g/t
 Au.
 Only
 intervals
 above
 0.3
 g/t
 Au
 including 153.10 189.40 36.30 0.95 reported
 13

  • 14. Miraflores
Resource
Es5mate
 Mineral Resources as at December 31, 2011 Measured
Category Indicated
Category Total
Measured
&
Indicated Cut‐off
 Tonnes
 Grade
 Gold
(Oz)
 Tonnes
 Grade
 Gold
(Oz)
 Tonnes
 Grade

 Gold
(Oz)
 Grade
 (1,000) (g/t) (1,000) (1,000) (g/t) (1,000) (1,000) (g/t) (1,000) (g/t) 0.2 36,635 0.5 636 68,451 0.7 1,496 105,086 0.6 2,132 0.3 28,511 0.6 577 49,330 0.9 1,348 77,841 0.8 1,926 0.4 20,234 0.8 488 35,167 1.1 1,210 55,401 1.0 1,698 0.5 14,667 0.9 415 25,892 1.3 1,086 40,559 1.2 1,501 0.6 10,701 1.0 347 19,930 1.5 987 30,631 1.4 1,334 Tonnes **Based on 15,161 m of drilling in 35 diamond drill holes & 236 m of 16,214 5,526 3,206 2,480 2,159 underground channel samples. This includes 11,536 m in 25 holes (1,000) Cut-off completed by Seafield through Dec 2011 and 3,624m in 10 holes 0.2 0.3 0.4 0.5 0.6 carried out by Anglogold Ashanti and B2gold between 2006‐2007. Grade (g/t) 0.3 0.6 0.8 0.9 0.9 Inferred Resource 172,022 103,043 79,366 70,164 64,553 Estimate (Oz) 14

  • 15. Miraflores
Metallurgical
Results
 Average
 Average
 Item
 Item
 Au
Recovery
%
 Au
Recovery
%
 Green
Breccia
 95%
White
Breccia
+
5%
Argillic
Blend
 Gravity
+
Cyanida5on
 85.9
 Gravity
+
Flota5on
 95.6
 Gravity
+
Flota5on
 95.6
 Gravity
+
Flota5on
+
Cyanida5on1
 92.8
 Gravity
+
Flota5on
+
Cyanida5on1
 92.8
 85%
White
Breccia
+
15%
Argillic
Blend
 White
Breccia
 Gravity
+
Flota5on
 96.4
 Gravity
+
Cyanida5on
 89.2
 Gravity
+
Flota5on
+
Cyanida5on1
 92.8
 Gravity
+
Flota5on
 96.4
 Key findings for all test composites: Gravity
+
Flota5on
+
Cyanida5on1
 92.8
 Basalt
   Highly amenable to gold recovery by conventional process flow sheets Gravity
+
Cyanida5on
 89.4
   Contain significant amount of coarse Gravity
+
Flota5on
 95
 gold amenable to gravity concentration Gravity
+
Flota5on
+
Cyanida5on1
 89.1
   Gold recovery was fairly independent of grind size Note:
 (1)
Overall
gold
recoveries
for
each
sample
type
were
es5mated
based
on
assuming
that
the
88%
 gold
cyanida5on
extrac5on,
obtained
for
flota5on
concentrates
produced
from
green
and
white
 15
 breccias,
also
applies
to
the
flota5on
concentrates
produced
from
basalts
and
argilleous
structures.

  • 16. Miraflores
Gallery
 Diamond Drill Rig at Miraflores Electrical Lines at Miraflores Mineralized Structure in the Miraflores Tunnel Miraflores Drill Core Core Logging and Analysis 16

  • 18. Dosquebradas:
Drill
Results
 From To Interval Au From To Interval Au Hole No. Hole No. (m) (m) (m) (g/t) (m) (m) (m) (g/t) QDQ-DH-01 20.1 31.2 1.11 2.00 QDQ-DH-15 0.0 20.9 20.9 1.11 and 52.7 69.2 16.5 1.18 QDQ-DH-17 185.9 334.65 148.75 0.51 QDQ-DH-02 122.1 322.0 199.9 0.98 and 375.3 417.0 41.7 0.81 QDQ-DH-09 478.4 490.4 12.0 0.90 QDQ-DH-13 278.0 338.4 60.4 0.63 and 495.5 515.5 20.0 1.60 DQ-DD-2* 158.0 226.0 68.0 0.62 QDQ-DH-18 211.3 241.9 30.6 1.23 and* 232.0 268.0 36.0 0.90 and 354.2 459.5 105.3 0.76 DQ-DD-3* 140.0 230.0 90.0 0.93 QDQ-DH-23 188.0 309.8 121.8 1.06 and* 230.0 269.5 39.5 1.67 Including 211.6 254.3 42.7 1.27 QDQ-DH-14 2.0 28.2 26.2 0.91 and 126.7 179.1 52.4 1.19 including 126.7 142.2 15.5 1.59 and 202.1 210.1 8.0 0.73 18

  • 19. Dosquebradas
Resource
Es5mate
 Mineral Resources as at November 15, 2011 Cut-Off Grade Tonnes Grade Cu AuEq Contained Cu lbs AuEq Au (g/t) (1,000) (g/t Au) (%) (g/t) Au (ozs) (1,000) Ounces 0.3 57,794 0.5 0.04 0.56 920,772 56,768 1,049,790 0.4 34,593 0.6 0.05 0.68 664,609 38,428 751,947 0.5 20,206 0.7 0.06 0.79 459,097 24,867 515,614 *Based
on
8,874m
of
drilling
in
20
diamond
drill
holes.

This
includes
8,287
metres
in
18
holes
completed
by
Seafield
in
2010
 and
2011
and
587
m
in
2
holes
completed
by
Anglogold
Ashan5
in
2006.
 19

  • 20. Corporate
Social
Responsibility
 Signing Member of the United Nations Global Compact   World’s leading voluntary social responsibility policy   www.unglobalcompact.org Committed Community Engagement   Partnership with Pereira Technological University to identify key stakeholders   Construction of new pipelines, landslide relief, and donation of funds to local festivals Environmental Focus   Joint guidelines developed with regional authorities to ensure responsible practices 20

  • 21. Timeline
 Milestones Target Acquire surface rights for Miraflores and Dosquebradas Ongoing Baseline Environmental/Geotechnical Studies for Miraflores Ongoing Commence regional exploration program to identify more targets   Complete preliminary economic assessment (PEA) for Miraflores April 2012 5,000-metre drill program at Miraflores Q3 2012 Commence underground drill program Q4 2012 Feasibility study for Miraflores Q2 2013 Commence development towards production at Miraflores Q3 2013 Production Miraflores Q1 2015 21

  • 22. Peer
Comparison
 Company Symbol Share Price Shares O/S (M) M. Cap (M) Resource (Moz) M+I g/t Inferred g/t Seafield SFF-V $0.16 169 $29 1.9 0.80 0.103 0.60 0.920 0.50 Colombia Crest Gold CLB-V $0.25 86 $23 NA Batero Gold Corp BAT-V $0.76 50 $39 3.5 0.44 2.6 0.33 CB Gold CBJ-V $1.24 144 $180 NA Galway GWY-V $1.45 125 $188 NA Bellhaven BHV-V $0.40 112 $47 1 0.77 Colombian Mines CMJ-V $0.47 33 $15 NA As of April 3, 2012 22

  • 23. Summary
of
Investment
Highlights
   One of the few exploration companies in Colombia with an advanced stage gold project   Growing resource at Miraflores and Dosquebradas •  Continual delineation of resource •  Ongoing drill program   Additional targets within 6,757 Ha land package to be identified   Ongoing efforts to expand exploration concession in the Quinchia District   Discounted compared to peers •  EV/oz is less than $10.00 (as at April 3, 2012)   Excellent PEA level metallurgical results at Miraflores: >90% gold recovery   Fully funded for 2012 23

  • 24. Facts
About
Colombia
   3rd friendliest country in Latin America to do business and 1st in investor protection (World Bank 2011)   2nd most qualified labour force (International Mining and Development)   Real GDP growth of 4.5% for 2012 (IMF)   Mine royalties to government: 3.2%   In 2011, FDI grew 56% to $14.8 billion, 82% was in the oil and mining sector (Globe & Mail)   Colombia’s mining and energy sector investment to reach $57 billion over the next 5 years (Colombia Reports) 24

  • 25. Thank
You
 TSX‐V:
SFF
 Seafield Resources Ltd. Investor Relations: 20 Toronto Street., Suite 788, David MacMillan Toronto, Ontario, M5C 2B8 dmacmillan@sffresources.com www.sffresources.com 416-361-3434 ext. 202 25