Exploring For Gold in a Gold-Rich System

June 2011

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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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Juruena Project

Extensive gold system

+0.5Moz gold mined at surface

Property largely untested

Phase I drilling ongoing through 2011

(18,000m campaign)

Mato Grosso, Brazil Favourable mining jurisdiction, extensive

infrastructure

Well Financed $9.2mln IPO completed November 2010

Experienced Executive Team

Why Lago Dourado?

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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

Basic Shares Outstanding 62.1

Options(2) 5.2

Warrants(3) 4.4

F/D Shares Outstanding 71.7

Major Shareholders

Management & Directors (11%)

Rosseau Asset Management (23%)

Pinetree Capital

(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

(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

Corporate Overview

Investor Snapshot

Share Price (May 17, 2011) $0.60

Market Cap (May 17, 2011) $37 M

52 Week Low $0.50

52 Week High $1.15

Average Daily Volume (3 months) 120,000

Cash On Hand (Feb 28, 2011) $6.8 M

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Brazil Summary

Quick Facts

7th largest economy in the

world

Experienced cost effective labour

Extensive infrastructure

Energy independent

12th largest gold producer in the world

5th most populous country

4th ranked jurisdiction globally in which to invest in mining projects (Behre Dolbear 2011 report)

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Management & Board of Directors

Thomas Obradovich Chairman 20 yrs experience in developing gold, base

metal and diamond 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 open pit/underground,

precious/base metal operations in a variety of geological environments (Bolivia, Australia, Africa)

Mine Geological Superintendent for

Equinox at Lumwana and Chief Mine Geologist

at the world-class Geita Gold Mine in Tanzania

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,

former Director of Aurelian

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

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Juruena – Active Workings

Extensive Surface Workings

Jacaré pit

Est. 10,000 oz Au extracted in 1 year

Garimpeiros (Artisanal Miners) Property worked by garimpeiros since 1980s

(>0.5Moz Au mined)

Only alluvials and saprolite mined (to

an average depth of ~30m)

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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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Juruena/Teles Pires Horst

Regionally extensive granite belt with multiple intrusive events

Stretches east-west for >400km, average width 30km, 7Moz produced 1979-1997

Access to the project by small airplane, dirt road and river

Juruena – Alta Floresta Gold Belt

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Intrusion Related Deposit

Mineralization structurally controlled

Multiple Styles of

Mineralization

High-grade veins with minor

sulphides

Sheeted quartz veins Stockworks Minor breccias Shear zones with intense fracturing Vein sets range from 1m up

to 50m wide, veins range from <1cm to 1m thick

Juruena – Local Geology

Core Area

Noventa

Graus

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Drilling vs Gold-In-Soil Anomalies

Core Area

Noventa Graus

Historic Drilling

91 holes (15,000m) drilled in mid-1990s

Concentrated on existing garimpeiro workings

No systematic drill work over entire mineralized system

Current Drilling

18,000m Phase I campaign ongoing through 2011

Currently 3 drill rigs turning

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Core Area

Noventa Graus

Geophysics

Core Area

Noventa

Graus

Reduced to the Pole Magnetic Field Radiometrics: Red = Potassium rich zones

Potassic alteration at Noventa Graus consistent with clearly delineated mag high/mag low contact zone

Core Area

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Juruena – Active Workings

Tomate Zone Discovered April 2010

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10m

Quartz sheeted veins at east end of Crentes Pit

2.7 g/t Au over 36m (oxidized) in hole J-01 underneath workings

Intercepts of 10.5m @ 15g/t and 5.8m @ 52g/t starting at vertical depth of 75m recorded beneath Crentes Pit

Juruena – Crentes Pit

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Shear zone

Example of intense fracturing filled with kaolinite

Juruena – Jacare Pit

Fault zone

Main source of gold the intersection of the shear zone (trending north-north-east) and the other fault zone (thin reddish zones easily visible) trending 340 degrees

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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 upgrade complete

Upgrade of local health clinic underway

Local committee formed to implement community programs

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2 known deposits hosted in eastern most package of volcanics and granite

Jauru belt hosts VMS type

showings and shear zone gold showings

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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Exploration upside

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

Property largely untested

Major zone to south (Noventa Graus) already discovered

Upcoming catalysts

Drilling – 18,000m (75 holes) campaign commenced December 2010

Three drill rigs now turning

Drill results – May 2011 onwards

Well financed – cash balance of ~$5mln

Proven and experienced executive team

Investment Opportunity

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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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Head Office Contact

55 University AvenueSuite 700

Toronto Ontario M5J 2H7

Tel: 416 368 5005Fax: 416 703 8299

investor@lagodourado.com

www.lagodourado.com

Forbes Gemmell

President & CEO

Natasha Blackburn

Corporate Development

Contact