Chicago Hard Assets Show

Transcription

1 Chicago Hard Assets Show September 2012

2 Corporate Overview August 31, 2012 Millions Stock Symbol: BFGC Issued Shares Common Preferred Market $ 0.29 $ 10.1 Stock Exchange: OTCBB Incorporated: Delaware Reverse merger: July 2011 Initiated trading: October 2011 $ $ Fully - Diluted Shares 43.5

3 Management Team David Beling, P.E. - President, CEO and Director 48 years experience with engineering, developing, financing and operating base and precious metal projects and corporations. Employed by Phelps Dodge, Union Oil, Fluor, United Technologies, Westinghouse and six junior companies. Consulted for 20 mining companies worldwide. Director of 13 US and Canadian mining companies since Drove approval of the first Environmental Impact Statement for a mine in Arizona Tyler Minnick, CPA - Vice President Administration & Finance 17 years experience in accounting, auditing and business advisory services. Specialized in financial reporting, budget preparation and analysis.

4 Technical Team Clive Bailey, CPG - Lead Geological Consultant - Newsboy Project 38 years experience with exploration, development and mine operations. Worked on Newsboy Project since 2008 and authored a 2009 technical report. Former employee: Nord Resources, General Minerals, Pegasus Gold, Energy Fuels and Cotter Corp. Managed the 13,000 tpd Buffalo Valley gold mine in Nevada Chip Allender, PG, CPG - Lead Geological Consultant - Bullfrog Project 33 years experience in global mineral exploration, evaluation and development. Former employee: Newmont, Phelps Dodge, Hecla, Metallgesellshaft, AMAX, Chevron Minerals, Anaconda and Pioneer Nuclear Joe Wilkins - Sr. Geological Advisor 45 years experience in the global resource industry. Mapped the Newsboy Project in Credited with the discovery of the 3 MM ounce Bullfrog deposit mined by Barrick. Consulted for Dave Beling in Mexico and China during the 1990 s.

5 Newsboy Gold Project Vulture Mountains, Arizona Drilling at Newsboy - June 2012

6 Area History Newsboy Gold Project Excavated 2,000 feet of underground workings. Mined 11,000 tons of ore and shipped to smelters Cored 6 holes in a kaolinite clay deposit. Drilled 22 holes in Newsboy gold zones Lupine and Westmont drilled 102 RC holes. Henry Wickenburg discovers Vulture mine in 1863, one of the richest mines in Arizona Newsboy Gold drilled/cored 52 holes, completed feasibility and submitted environmental permits Moneta Porcupine cored 8 holes and performed geochemical and geophysical programs Land re-acquired and optioned to Bullfrog Gold.

7 Location & Land Position Newsboy Gold Project Location: 10 miles SE of Wickenburg, Arizona 50 miles NW of Phoenix Excellent infrastructure Land Holdings: 4,920 acres 90 lode claims 12 placer claims 3 State leases

8 Newsboy Gold Project Mineralization / 1992 Resources Main Deposit Polygon Radius Tons Gold Silver Gold Silver ft Million opt opt Oz (000) Oz (000) , Total ,432 Additional Potential Inventory 603,000 oz Au 11,900,000 oz Ag Total Potential Inventory * 838,000 oz Au 15,332,000 oz Ag * Excludes potential mineralization in other exploration targets located beyond this map

9 Exploration Targets Newsboy Gold Project Target # g/t Au Queen of Sheba g/t Au Target # g/t Au Wolf Mine Anomalous Chips Target #5 0.9 g/t Au Main Deposit Target #4 0.9 g/t Au Target #3.09 g/t Au Red Cliff 0.4 g/t Au

10 Metallurgical Test Results Newsboy Gold Project Grind Size % Gold Rec. % Silver Rec. 325 Mesh Mesh Mesh Mesh /4 inch 38 8 Kappes, Cassidy & Assoc., Recoveries after 96 hours of leaching and a grade of 0.11 opt gold. Projections from opt gold, 24-hour leach and 200 mesh are 82% gold and 19% silver All leach reagent consumptions were low: 0.2 lb cyanide/t and 1.8 lb lime/t

11 Exploration & Development Program Newsboy Gold Project Phases 1 & 2 (Oct Jun 2012) Drilled 14,500 feet in 48 holes Discovered new tabular zone that averaged gold opt over a thickness of 50 feet. Phases 3 & 4 (Nov Jun 2013) Drill 21,000 feet in 58 holes in main deposit and an exploration target 3 miles west of main deposit Initiate pre-feasibility study and advance environmental permitting

12 Bullfrog Gold Project Bullfrog Hills, Walker Mineral Trend, Nevada

13 Bullfrog Gold Project History Gold discovered early Montgomery - Shoshone mined 94,000 oz gold by Town of Rhyolite Year Population , , Current Railroad Station Current Downtown

14 Bullfrog Gold Project History (Continued) Exploration resumes, but no significant discoveries or production Joe Wilkins of St. Joe discovers major deposits using detachment fault model St. Joe purchased by Bond Gold, which is later acquired by Lac Minerals Large scale mining begins and a 7,600 tpd mill constructed Lac acquired by Barrick Barrick produces 2,500,000 oz of gold (0.08 oz gold /ton ore) Bullfrog Gold Corp acquires highly-prospective, strategic land position

15 Location & Land Position Bullfrog Gold Project Location: 3 miles W of Beatty 120 miles NW of Las Vegas Land Holdings: 79 Lode claims 2 Patents

16 Project Location Klondike Project Shallow silver potential Land: 232 mining claims

17 Safe Harbor Statement This presentation may contain certain forward-looking statements about exploration, production, costs, markets, competition, regulatory and environmental issues, earnings, cash flow, commodity prices, reserves, resources, drilling, and other considerations, as specified in the various documents filed by Bullfrog Gold Corp. with the US Securities and Exchange Commission. These statements are not guarantees of future performance and are based upon Bullfrog s current expectations and beliefs, subject to a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those described herein. Accordingly, do not place undue reliance on forward-looking statements.

18 Visit BFGC at Booth # Quail Run Drive Grand Junction, CO Tel: (970) w w w. B u l l f r o g G o l d. c o m 18