soho resources corp. - investor presentation

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Soho Resources Corp.Developing gold, silver and base metals inMexico’s prolific Sierra Madre mineral belt

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Legal Disclaimer

This presentation may contain forward looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. 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 statements. Soho Resources Corp. relies upon litigation protection for forward-looking statements.

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Management & Directors

Ralph Shearing, P.Geo.President/CEO

Don Crossley, CAChief Financial Officer

Yao Sun, B.Comm, CMA, CPADirector, VP Asia Pacific Region

John Anderson, B.A.Director

Art Freeze, P.Geo.Director

William Howald, B.Sc.,CPGDirector

John LynchDirector

Lianxi Zhang, B.Sc.Director

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Capitalization (at February 02, 2011)

Share Treasury (millions) Market Capitalization

Shares Issued 185.0 Share Price $0.13

Options Outstanding Exercise Value $1,264,375

11.9 52 Week High $0.15

Warrants Outstanding Exercise Value $3,327,963

25.5 52 Week Low $0.04

Shares Issued (millions) 185.0

Fully Diluted 222.4 Market Cap (millions) $24.0

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Current Capitalization

Management Control 31% of issued capital

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5 Year Stock Chart

GoldminerPulse.comIndependent ValuationFeb 24, 2011

$0.66

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Soho’s Mexican Projects

Jocuixtita ProjectPast small scale producer

Ag, Au, Zn, Pb ProjectNever explored using modern

techniques4,332 hectares

5 year option - $1 million over 5 years

Tahuehueto ProjectAdvanced Au, Ag, Cu, Zn, Pb ProjectRobust 43-101 compliant mineral resource9,081 hectares99% owned through Mexican subsidiary

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Tahuehueto Access

Associated Structuresin Tahuehueto,9081 Hectare Land Claims.Au, Ag, Cu, Pb,Zn

Col

orad

o 2

& 3

Tre

s D

e M

ayo

El C

rest

on

El Per

dido

Cinco De Mayo

Santiago

Texa

clam

a

Ted

Tahuehueto

Los B

urro

s

La

Rey

na D

e O

ro

El Rey

Dolores

Catorce

Espinal

Reb

ecca

Carol

ina

Pitallo

NI 43-101Resource

Prospective - Unexplored

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Metal Contained in Current Resource

Gold 665,000 oz

Silver 13,265,000 ozCopper70,274,000 lbsLead 305,156,000 lbsZinc 568,894,000 lbs

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Summary of PEA Estimates

NPV(5% discount)

$US109.6Million

IRR31%

Payback27

Months

MineLife

11 yearsCapital

Cost$US89.1million

ProcessingRate

1,000,000tonnes/yr

2,750tonnes/day

Net CashFlow

$US184.2million

PEA ResultsMetal Prices Comparison

` PEA Metal Prices

3 Yr Avg

PEA Current Metal Prices (Feb

16, 2011)

NPV(5% discount)

$US 109.6 million

$US 300.0 million

IRR 31% 56%

Payback Period (months)

27 18

Net Cash Flow $US 184.2 million

$US 480.4 million

Metal Prices $ US

Au 965.81, Ag 15.38,

Cu 2.92, Pb 0.95, Zn 0.88

Au 1,375.60, Ag 30.68,

Cu 4.47, Pb 1.17, Zn 1.11

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Capital and Operating Costs

Mining & Developmen

t$US 4.2 millionPre-Project

Capital$US 9.5 million

Infrastructure$US 21.4 million

Processing Plant$US 54.0 million

TOTAL COSTS

$US 89.1 MILLION

Metal Contained in Concentrates

Year1

Year2

Year3

Year4

Year5

Year6

Year7

Year8

Year9

Year10

Year11

Total

Au oz

(,000)

26 96 64 58 53 37 25 21 19 6 0 403

Ag oz

(,000)

570 752 773 561 538 679 589 540 425 327 1 5,775

Cu lbs

(,000)

2,318

4,239

3,498

2,010

2,372

3,863

3,920

2,663

1,801

296 326,98

4

Pb lbs

(,000)

10,521

15,079

15,988

15,163

12,962

20,361

17,601

16,756

14,658

9,224

58148,3

73

Zn lbs

(,000)

11,961

30,246

27,264

30,599

29,393

35,922

32,289

41,342

24,355

16,050

388279,5

41

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Sensitivity Analysis - NPV

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Sensitivity Analysis - IRR

Associated Structuresin Tahuehueto,9081 Hectare Land Claims.Au, Ag, Cu, Pb,Zn

Col

orad

o 2

& 3

Tre

s D

e M

ayo

El C

rest

on

El Per

dido

Cinco De Mayo

Santiago

Texa

clam

a

Ted

Tahuehueto

Los B

urro

s

La

Rey

na D

e O

ro

El Rey

Dolores

Catorce

Espinal

Reb

ecca

Carol

ina

Pitallo

NI 43-101Resource

Prospective - Unexplored

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Mining Concept & Ore Bodies

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Cinco de Mayo Structure

Potential Mill Site

Open pit potential of Cinco de Mayo will be determined after geotechnical slope stability testing on cliff face

•Open pit mining viable at El Creston

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•Possibility of open pit mining at Cinco de Mayo

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•Underground mining on remainder of resource

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•Anticipated production of 1million tonnes/yr (2,750/day)

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Additional PEA Highlights

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Open Pit Location & Site Layout

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Looking Ahead at Tahuehueto

• Upgrade Inferred to Measured & Indicated

• Expand current resource numbers

ExplorationDrilling

• Testing of cliff face at Cinco de Mayo to confirm open pit potential

GeotechnicalInvestigation

• Collection of environmental data required for mine permitting

Environmental

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Soho’s Mexican Projects

Jocuixtita ProjectPast small scale producer

Ag, Au, Zn, Pb ProjectNever explored using modern

techniques4,332 hectares

5 year option - $1 million over 5 years

Tahuehueto ProjectAdvanced Au, Ag, Cu, Zn, Pb ProjectRobust 43-101 compliant mineral resource9,081 hectares99% owned through Mexican subsidiary

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Jocuixtita Project – Sinaloa, Mexico

Jocuixtita Project4,332 hectares

San Dimas (Tayoltita)Mala Noche Resources CorpCurrent ProducerOver 10 million oz gold1 billion oz silver

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Jocuixtita Community

Close to all necessary infrastructure for mine development

29 kms SE of San Dimas Mining District and the Tayoltita Mine in prolific Sierra Madre region

Located in Sinaloa State, Mexico, 200 kilometres NE of Mazatlan, Mexico

MEXICO1 REGION2 SERVICES3

JOCUIXTITA LOCATION

Unexplored by modern exploration techniques

Mineralized zones ranging from 4 to 10 metres in width

Principle structure is greater than 3 kilometres of strike length

SIZE1 PROLIFIC2 POTENTIAL3

JOCUIXTITA GEOLOGY

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Jocuixtita Sample Locations

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Jocuixtita – La Salvador Vein

ZONE WIDTH 10 METRES

-

50.00

100.00

150.00

200.00

250.00

203.48

170.80

139.61 133.53

54.78

32.17

11.53

Market Cap per Oz AuEQ in US$(Feb 01, 2011)

US$ per Oz AuEQ

Peer Comparison

Average

$106.56 per

oz AuEQ

Positive Economi

cs

Low Market

Cap

Resource

Upside

Bull Marke

t

Blue Sky

The Soho Opportunity

Soho Offices

Canadian Head Office1090 West Georgia St.Suite 250Vancouver, BCV6E 3V7Tel: (604) 684-8071Fax: (604) 684-3829ir@sohoresources.cawww.sohoresources.ca

Mexico OfficeSierra Soleada S.A. de C.V.Blvd. De Las Rosas No 50 Nte.Francc. Jardines de DurangoC.P. 34200 Durango, DGOMexico