MBA Gold Corp. Resources to Reserves to Production: A business approach to mining North American Gold
OUR MISSION MBA Gold was created to provide investors with an opportunity to participate in the current bull market for gold. Our mission is to provide those investors with significant upside leverage, while at the same time reducing the risks associated with resource exploration. STRATEGY Reduce Geological Risk by focusing expenditures on properties with established gold resources Create Substantial Upside Leverage by selecting properties with the potential to increase both the size and the quality of the resource
MBA HIGHLIGHTS World Beater advanced stage gold project 2003 Drill Program expanded high grade gold resource and opened up new exploration opportunities Pre feasibility study due in September 04. Experienced Management Team with extensive track record Strong Financial Partners and Shareholder Base Low Market Capitalization
World Beater - Highlights Established high grade gold resource with major structures open along strike and at depth Located in historic mining district 10 km from Briggs Mine, owned by Canyon Resources (Amex: CAU) 25,000 ounces produced in the early 1900 s at average grades of 1 ounce per ton. Favourable metallurgy and process testing already undertaken with respect to existing gold resource. Previous operation was in the process of permitting for production prior to gold market collapse in 1997.
Deposit Model
Similar Deposits Bousquet No. 1 Quebec Pyritic Gold 20 million tonnes 4.5 g/tonne Agnico Eagle Quebec Pyritic Gold 5.3 million tonnes 6.4 g/tonne Hemlo Ontario Pyritic Gold 6.84 million tonnes 7.7 g/tonne Starra Queensland Pyritic Gold 5.3 million tonnes 5.0 g/tonne
Geology 3 known exhalative horizons in Radcliffe Schist, 50 to 100 meters below surface Massive sulfides with associated chlorite and pyrite Structural Channelways or feeder zones in World Beater complex immediately below Radcliffe Schist Altered meta-rhyodacites
Significant Exploration Results Historical resource estimates ranging from 170,000 ounces to 280,000 ounces at grades ranging from 0.156 to 0.224 ounces per ton 2003 Drill program extended Main East Zone in a Southerly direction Drilling in West Zone intersected additional mineralization in footwall (World Beater Complex) All structures remain open
Local Geology
SW-NE Cross Section
NW-SE Cross Section
NW-SE Cross Section
World Beater Topography Purple area depicts current gold deposit at 0.06 opt cut-off
View from beneath depicting ore zone (red) at 0.15 opt cut-off Yellow depicts previous underground workings
2003 Drill Program Highlights (East Zone) Extension Drilling Drill Hole Section Grade M3A (extension) 3.04 meters (10 ft.) 5.8 g/mt (0.17 oz/ton) M5A (extension) 4.56 meters (15 ft.) 7.59 g/mt (0.22 oz/ton) M6A (extension) 6.08 meters (20 ft.) 10.7 g/mt (0.30 oz/ton) M14A (infill) 6.08 meters (20 ft.) 1.2 meters (5 ft.) 25.75 g/t (0.35 oz/ton) 43.57 g/mt (1.27 oz/ton) M16A(extension) 1.52 meters (5 ft.) 22.7 g/mt (0.67 oz/ton)
Sample West Zone Drill Intercepts Drill Hole Section Grade C-34 4.6 meters (15 feet) C-34A 13.71 meters (4.6 feet) 45.03 g/mt (1.31 oz/ton) 12.58 g/mt (0.37 oz/ton) RRC-150-93 7.6 meters (24.7 feet) incl. 1.58 meters (4.9 feet) 60.6 g/mt (1.77 oz/ton) 256.8 g/mt (7.9 oz/ton) M-20V 1.52 meters (5.0 feet) 20.0 g/mt (0.59 oz/ton)
Drilling 60 Degree Hole at World Beater Property Mical Slater (Project Supervisor), Murray McLaren (Geologist MBA Advisor) and Bob McKnight examine geology at one of 7 Radcliffe Mine adits
Our Niche Major Mining companies are forced to focus their energies on the search for mega deposits in order to replace rapidly depleting reserves As a result, many smaller, lucrative deposits fall below their radar screen MBA Gold is pursuing medium sized high grade deposits with blue sky potential Grade pays - Tonnage costs
People: Cameron White President/C.E.O. Former Securities Lawyer with 15 years experience in financing, mergers and acquisitions, specializing in natural resources Most recently Chairman of Western Canada s largest independent producer of film and television programming. Arranged nearly 75 million in equity and debt financing as well as senior (TSX and AMEX) listings for emerging companies during the 1990 s Advisors Murray McLaren Geologist - 40 years of mineral exploration and development - Discovered numerous commercial deposits Chris Broili- Geologist - Over 20 years of world-wide wide mineral exploration and development on every continent (excluding Antarctica). Bob McKnight P. Eng. - 30 years experience in mineral exploration, development and financing ncing - Leading expert in the field of property valuations and fairness opinions
Directors Kenneth Stroud Financial Advisor Assante Capital Corp. Formerly President of CM Oliver Financial Expertise in resource property financing Stephen Cheikes Lawyer Expert in tax assisted financing structures Experienced investor and director of numerous emerging companies
Corporate Information Share Capital 11,706,250 Common Shares 15,185,250 (fully diluted) Listed TSX Venture Exchange Symbol: MBA Auditors Deloitte & Touche Contact Info MBA Gold Corp. 847 Hamilton St. Vancouver, BC V6B 2R7 Phone: 604-707 707-03730373 Fax: 604-707 707-03780378 www.mbagold.com