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Exploring For Gold in a Gold-Rich System

Corporate Presentation

February 2012 LDM:TSXV

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Forward-looking statements relate to future events or the anticipated performance of the Company and reflect

management’s expectations or beliefs regarding such future events and anticipated performance. In certain

cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected",

"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words

and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be

taken", "occur" or "be achieved", or the negative of these words or comparable terminology. By their very

nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may

cause the actual performance of the Company to be materially different from any anticipated performance

expressed or implied by the forward-looking statements.

Important factors that could cause actual results to differ from these forward-looking statements include risks

related to failure to define mineral resources, to convert estimated mineral resources to reserves, the grade and

recovery of ore which is mined varying from estimates, future prices of gold and other commodities, capital and

operating costs varying significantly from estimates, political risks arising from operating in Brazil, uncertainties

relating to the availability and costs and availability of financing needed in the future, changes in equity

markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of

projects, conclusions of economic evaluations, changes in project parameters as plans continue to be refined,

uninsured risks and other risks involved in the mineral exploration and development industry.

Although the Company has attempted to identify important factors that could cause actual performance to

differ materially from that described in forward-looking statements, there may be other factors that cause its

performance not to be as anticipated. There can be no assurance that forward-looking statements will prove

to be accurate, as actual results and future events could differ materially from those anticipated in such

statements. Accordingly, readers should not place undue reliance on forward-looking statements. These

forward-looking statements are made as of the date of this presentation and the Company does not intend,

and does not assume any obligation, to update these forward-looking statements.

Qualified Person - Murray Paterson, P.Geo, Vice President Exploration and Development for Lago Dourado

Minerals Ltd, is the Qualified Person, within the meaning of NI 43-101,who reviewed the technical data in this

presentation.

Forward Looking Statements

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Why Lago Dourado?

Juruena Project – World Class Potential

One of the most extensive gold-in-soil anomalies

globally (+10sq km)

+0.5 Moz gold mined at surface

Multiple gold zones already identified

Solid Exploration Platform

100% ownership of flagship Juruena project

Brazil – favourable mining jurisdiction

Well financed (current cash balance ~$2mln)

Experienced executive team

Upcoming Catalysts

2 drill rigs turning – 12,000m Phase 2 campaign ongoing through 2012

Drilling focused on conceptual multi million oz targets

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Capital Structure Shares (M)

Pre-Initial Public Offering (IPO) 42.2

IPO – November 2010(1) 18.4

Issued to Geomin (previous owners) 1.5

Secondary Financing – July 2011 9.2

Basic Shares Outstanding 71.3

Options(2) 6.8

Warrants(3) 9.0

F/D Shares Outstanding 87.1

Major Shareholders

Management & Directors (7%)

Rosseau Asset Management (23%)

Pinetree Capital (11%)

(1) Gross proceeds of $9.2mln (18.4 M shares issued at $0.50)

(2) 1.55 M exercisable at $0.25 until June 2015, 1.55 M exercisable at $0.35 until September 2015, 2.0 M exercisable at $0.60 until

December 2015, 0.1 M exercisable at $0.90 until April 2016, 0.2 M exercisable at $0.75 until June 2016, 1.5 M exercisable at $0.50 until

November 2016

(3) 2.1 M exercisable at $0.50 until July 2012, 1.3 M exercisable at $0.50 until November 2012, 1.0 M exercisable at $0.91 until April 2014,

4.6 M exercisable at $0.70 until January 2013

Corporate Overview

Source: Stockwatch

Investor Snapshot

Share Price (January 12, 2011) $0.41

Market Cap (January 12, 2011) $29 M

Average Daily Volume (3 months) 20,000

Cash On Hand (Nov 30, 2011) $3.2 M

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Brazil Summary

Quick Facts

7th largest economy in the

world

12th largest gold producer in the world

4th ranked jurisdiction globally

in which to invest in mining projects (Behre Dolbear 2011 report)

Experienced cost effective labour

Extensive infrastructure

Energy independent

5th most populous country

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Management & Board of Directors

Thomas Obradovich Chairman 20 yrs experience in developing mineral projects

from grass roots to advanced exploration

Former Director of Aurelian, Ex-President & CEO

of Young-Davidson Mines

Forbes Gemmell President & CEO Former precious metals analyst at Raymond

James covering mid-tier gold producers

10 years experience in the investment industry

CFA charterholder

Murray Paterson VP Exploration & Development 15 yrs experience in precious/base metal operations

in a variety of geological environments

Mine Geological Superintendent for

Equinox at Lumwana and Chief Mine Geologist

at the world-class Geita Gold Mine in Tanzania

Dr. David Groves Technical Advisor Former Professor of Economic Geology at UWA

Co-authored over 500 geological publications – received 11 medals for his research

Dan Noone Director VP Exploration at Guyana Goldfields

20 years experience including senior geologist

roles in PNG, Indonesia & South America

Dean MacEachern Director Co-founded Lago Dourado

20 years precious & base metals exploration predominantly with Falconbridge (1988-2005)

Jon Douglas Director Senior VP & CFO of Northgate since 2001

Involved in A&D and operation of gold projects

in North America and Australia

Michele McCarthy Director Chief Legal Officer for GMAC Residential Funding

Advisor to mutual funds and hedge funds on corporate governance, compliance & HR matters

Frederico Marques Director Foreign legal consultant at Heenan Blaikie LLP

10 years in-house legal experience with Vale, Brasil Telecom and Odebrecht

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Juruena – Artisanal Workings

Property worked by

garimpeiros (artisanal

miners) since 1980s -

>0.5Moz Au mined

Only alluvials and

saprolite mined to an

average depth of ~30m

11 significant open cut

mines across 8km strike

& maximum width of

4km

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Owned mid-1990s by Ourominas Minerals

Failed to make property payment in late 1997 (weak gold price, post-Bre-X)

Property position has been consolidated by Lago Dourado

100% ownership, ~70,000 hectares

Licences previously split between Talon & Geomin

Juruena – Background

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Regional setting - Juruena

located at a major lithospheric

boundary

Alta Floresta Gold Belt is

Paleoproterozoic (2.24 – 1.65

Ga?)

Regional Tectonic Map

PALEOPROTEROZOIC

ARCHEAN

UndifferentiatedPhanerozoic Rocks

Andean Belt

Araguaia Belt Sunsás and k’Mudku Blocks

Rondonia-Juruena Block

Rio Negro Block

Tapajós-Parima Block

Transamazonian BeltsAmazonian Craton

Carajás Province

VENEZUELA

COLOMBIA

ECUADOR

PERU

BRAZIL

BOLIVIA

JURUENA

*

*

Jauru

BelémManaus

PACIFIC

OCEAN

ATLANTIC

OCEAN

60°W

0°

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Regionally extensive granite

belt with multiple intrusive

events

Stretches east-west for >400km,

average width 30km, 7Moz

produced 1979-1997

40 known gold deposits along

trend: Golden Star,

AngloGold, Rio Novo active on

belt

Alta Floresta Gold Belt

PALEOPROTEROZOIC

RONDONIA

PARÁAMAZONAS

JURUENA

*

MATO GROSSO

Post-Early-Proterozoic Cover

Collision Zone

to East

ARCHEAN (?)

Foreland basin? sedimentary sequences

Volcanic arc rocks: low metamorphic grade

Plutonic arc rocks: low metamorphic grade

Amphibolite-facies, supracrustal and granitic rocks

High metamorphic grade basement rocks

General structural trends

100 km

N

Alta Floresta Gold Belt

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Potential for :

• Vein & fault/shear related multi-million ounce gold deposits

• Porphyry/epithermal style deposits

Gold mineralization very

late stage

Mineralization hosted in

a granitic intrusive

complex

Juruena – Local Geology

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Drilling vs Gold-In-Soil Anomalies

Historic Drilling

91 holes (15,000m) drilled in

mid-1990s

Concentrated on existing

garimpeiro workings

Current Drilling

15,000m Phase I campaign

completed 2011

12,000m Phase 2

campaign ongoing

through 2012

Drilling focused on multi-

million oz conceptual

targets incl. Uiliam &

Arrastro SE

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Resource Potential - Querosene

Drill Results

• Narrow, discrete intervals of massive sulphide veins with shear zones

• Average grade of all intercepts ~30g/t

• Strike length of >400m, structure 1-1.5m wide

Exploration

Potential

• Open along strike to the west and south and at depth

• Soil anomaly

continues 2km south to the Capixaba Zone and 1.5km west to Crentes zone

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Upcoming Targets – Uiliam

JRND046

Cross-

section

JRND046 -

Ocelli or

globules

containing

sulfide,

carbonate

and a white

feldspar

(413m)

Massive sulfide mineralization on edge of a

dyke

Hole JRND046: 216m of 0.55g/t - intercepted sulfide veins & ocelli/globules

Structural corridor trends 1km north to Crentes

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JRND046 Interval

histogram

Upcoming Target – Uiliam

Magnetics 1VD

0.00 2.00 4.00 6.00 8.00

250

300

350

400

450

Au Grade (g/t)

De

pth

(m

)

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Noventa Graus

Upcoming Target – Arrastro Hills

Arrastro

Hills

intrusion

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Situated on SE flank of mineralized felsic

Arrastro Hills intrusion

1.5 x 0.5 km anomaly containing Au, Bi, Mo

and Cu

Classic porphyry signature

FG comment – need

to add figure

showing metal

zoning of Arrastro

Hills

Upcoming Target – Arrastro SE

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Juruena – On-site Infrastructure

On-site infrastructure largely complete (office, core shack, sleeping quarters, classroom, nursery,

kitchen/canteen)

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Juruena – Community Relations

School & local health clinic upgrade complete

Upgrade of telecommunications

underway

Local committee formed to implement community programs

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Jauru belt hosts gold-rich VMS & high-grade orogenic gold deposits

Drilling commenced December

2011 (1,200m program)

Option agreement to acquire 70% of project

Historic Drill Intercepts for

J6-A Target

- 14.7 g/t Au over 12.0m

- 11.4 g/t Au over 11.0m

- 5.8 g/t Au over 12.1m

Jauru – Gold Exploration Project

Geomin Option (85,000 hectares)

20km

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Summary

Juruena - right ingredients for a world-

class deposit

Located at a major lithospheric boundary

Prolific artisanal gold production along underexplored regional belt

One of the most extensive gold-in-soil anomalies globally

Early stage drilling has already identified multiple gold zones

Three/four stand-alone multi million ounce conceptual targets to be tested in 2012 drilling plus resource definition of previously identified zones

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Jauru

Payment schedule outlined below earns Lago a 70% interest (joint venture is established with standard dilution clauses)

Option to buyout remaining 30% for US$8 M

Juruena

Talon - 100% interest for $1 M cash, 0.5 M shares + 0.5 M warrants

Geomin – 100% interest for $1 M cash, 1.5 M shares + 1.0 M warrants

Appendix A - Deal Structures

Year-End Option

Payments (US$)

Exploration

(US$)

Total

(US$)

On Signing $150,000 Nil $150,000

August 2010 $250,000 $350,000 $600,000

August 2011 $300,000 $450,000 $750,000

August 2012 $300,000 $1,200,000 $1,500,000

August 2013 $500,000 $1,500,000 $2,000,000

Total $1,500,000 $3,500,000 $5,000,000

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FOR MORE INFORMATION, PLEASE CONTACT:

Forbes Gemmell, President & CEO

Natasha Blackburn, Corporate Development

55 University Avenue Suite 700, Toronto ON M5J 2H7

Tel: 416 368 5005 TF: 1 855 368 5005 Fax: 416 703 8299 E: investor@lagodourado.com