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July 2013 Going for Gold

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3 July 2013

Going for Gold

4 July 2013

Disclaimer

This document may contain statements that constitute “forward-looking statements”, including, but not limited to, statements

relating to the implementation of strategic initiatives, and other statements relating to our future business development and

economic performance. While these forward-looking statements represent our judgments and future expectations

concerning the development of our business, a number of risks, uncertainties and other statutory requirements may render

actual developments and results to differ materially from our expectations. These factors include, but are not limited to, (1)

general market, macro-economic, governmental and regulatory trends, (2) movements in local and international securities

markets, currency exchange rates and interest rates, (3) competitive pressures, (4) technology developments, (5) changes in

the financial position or creditworthiness of our customers, obligors and counterparts, and changes in the developments in

the markets in which they operate, (6) legislative developments, (7) management changes and changes to our business

group structure and (8) other key factors that may adversely affect our business and financial model.

We are not under any obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking

statements whether as a result of new information, future events or otherwise. The technical and financial information

presented are best estimates of management and are not JORC or NI43-101 compliant unless otherwise stated. Investors

are cautioned not to place undue reliance on this information and not rely solely on the information presented for purposes of

making investment decisions. This material may not be reproduced, distributed or transmitted to any other person or

incorporated in any way into another document or other material without the prior written consent of LionGold.

5 July 2013

LionGold Corp Ltd

Asia’s Own - Global Gold Company

SGX’s first Main Board-listed gold company

Market Capitalisation: S$1.07 billion / US$845 million

Average Daily Trading Value: S$20-25 million / US$16-20 million

• MSCI Small Cap, Global + Singapore

• FTSE ST Mid Cap

• Market Vector Global Junior Gold Miners

• Supportive of global listings • New focus on resource stocks, gold -- still a ‘unique’ investment option

• Active, diversifying investor base

Mid Cap

Liquid

Index

Inclusion

SGX-listed

Source: ShareInvestor 26 July 2013

Share price : S$1.16

52wk high/low : S$1.30/0.865

Shares in issue : 921.9m

Bloomberg : LIGO SP

Gold

Investments

Prioritising

Business

Index

Inclusion

Key

Acquisitions

New Inst’l

Shareholders

Warrant price : S$0.135

Warrants in issue : 269.9m

Bloomberg : R5UW SP

Board, Shareholder

Changes

36% shareholder return in 2012

6% return ytd

Business

Integration

6 July 2013

Castlemaine Goldfields,

Ballarat Mine Victoria, Australia

757,700 ounce Gold Resource at 2 tenements, 40-50,000 oz

production, 100%-owned

Signature Metals, Owere Mines,

Konongo Ashanti Gold Belt,

Ghana

1.47 million ounce Gold Resource, 77%-owned

Acadian Mining Corporation

Nova Scotia Goldfields Canada

1.333 million ounce Gold Resource at Fifteen Mile Stream & Beaver Dam, takeover pending

1.47 million ounce Gold

Resource, 76%-owned

Minera Nueva Vista,

Amayapampa, Bolivia

1.28 million ounce Gold Resource including 787,300 Reserves,

100% owned

Citigold Corporation, Charters

Towers, Queensland, Australia

11 million ounce Gold Resource, incl 620,000 Reserves, 18%-owned

Unity Mining

Tasmania & NSW, Australia

704,000 oz Gold Resource at 3 tenements, incl 266,000 Reserves, 50,000 oz production, 13% owned

Key Mining Assets…Today

- 6.8 million ounces Gold Resources since March 2012 1

Projects in the Americas, Africa, Australia

1 - Assumes takeover of 100% of Acadian Mining Corporation.

7 July 2013

LionGold Corp - Going for Gold

Dynamic, Expanding Operations

• Initial growth acquisition-led, value accretive • 6.8 million oz acquired from FY2013

- Seven total, two in production - S$165 million value, <US$20 per oz

• Production focus going forward

- Target raised to 200,000 vs 120,000 oz

Proactively managed project portfolio

Financial flexibility

Growth - 2-3 acquisitions pa

- Financial backing

- Operational support

• 3 acquisitions

• 1 IPO

• Funding partners Value - 1 IPO pa

- Funding partners

- Low debt, dilution

Acquire scalable

miners at attractive

discounts

Augment

shareholder

returns

Focused investment strategy

Differentiated Business Platform

Figures are extracted from previous JORC- and NI43-101-compliant announcements and are based on LionGold’s equitable stake in gold projects

Current gold resource ounces assumes 100% ownership of Acadian Mining, the acquisition for which is pending

0 10

Current

FY2013

FY2012

FY2011

Reserve Resource

Resource & Reserves (million ounces)

Target end 2014

Production (‘000 ounces annualised)

0 100 200

Current

FY2013

FY2012

FY2011

Target end 2014

8 July 2013

Group Structure

- As at July 2013

Signature Metals

77%

Castlemaine Goldfields

100%

100%

18% Citigold Corporation

Operations

Brimstone Resources

Owere Mines

70%

Minera Nueva Vista

100%

Board of Directors

LionGold

Corp Ltd

Investment

Tan Sri Dato’ Nik Ibrahim Kamil

Non-Executive Chairman

Over 45 years managerial and business experience across a range of industries, including mining, media, financial, energy and infrastructure.

Asiasons WFG Financial Chairman. Actively involved in resource M&A in Asia and Africa and banking in sub-Saharan Africa.

Professionally qualified accountant with affiliations in the UK, Australia and Malaysia with experience in Australia, Southeast Asia and South Africa.

Twenty years of legal practice with a broad range of experience ranging from litigation and conveyance to corporate and commercial matters.

Accountant with extensive experience in project development, finance and business development throughout Asia.

Nicholas Ng Chief Executive Officer and Managing Director

Raymond Tan General Counsel and

Executive Director

Dato’ Md Wira Dani Abdul Daim

Non-Executive Director

Roland Selvanayagam

Independent Non-Exec Director

Dr Denis Clarke Independent

Non-Executive Director

Gary Scanlan Independent

Non-Executive Director

Lynne Ng Su Ling Independent

Non-Executive Director

Bernard Soo Independent

Non-Executive Director

Former CEO of DMG Partners and MD of Citicorp Investment Bank, Singapore. Previously head of Asia investment banking at Rabobank.

Over 30 years legal experience including 15 years with Robert Wang & Woo LLP where he was Partner and Head of the Corporate & Commercial Department.

Over 40 years experience in senior technical, financial and management roles in the mining industry globally, including with Rio Tinto and Plutonic.

Ten years with PwC, followed by more than two decades evaluating, developing, financing and administrating mining projects globally.

Acadian Mining Corporation

100%

Unity Mining

13%

Technical Committee

Audit Committee

Remuneration Committee

Current gold resource ounces assumes 100% ownership of Acadian Mining, the acquisition for which is pending

9 July 2013

New Leadership Team - Seasoned financial, legal & technical expertise

CEO & MD Nicholas Ng

Board of Directors

General Counsel Raymond Tan

COO Matthew Gill

• Also Executive Director and Company Secretary.

• Provided legal advisory to LionGold since 2007.

• Over 30 years legal experience including 15 years with Robert Wang & Woo LLP, where he was Partner, and Head of the Corporate & Commercial Department.

• 19 years in investment banking and corporate advisory in Asia-Pacific.

• Former Corporate Finance, Co-Head for DMG Partners and Corporate Finance Head for HL Bank.

• Former CFO of SGX-listed Darco Water Technologies.

• Mining engineer with over 30 years experience in all aspects of exploration and mining in Australia, India and Papua New Guinea.

• Turned around Ballarat Mine for Castlemaine and the Beaconsfield Mine, Tasmania.

• Australian Mine Manager of the Year for 3 consecutive years.

•17 years as a corporate lawyer, including acting as general legal counsel for public listed companies.

• 8 years actively involved in the setting up of iron ore and gold mining operations around the world, from Mali to Mongolia.

• Spearheading LionGold’s M&A effort globally.

• 29 years in financial markets.

• Former CEO of DMG Partners, and MD of Citicorp Investment Bank, Singapore. Previous Head of Asia Investment

Banking at Rabobank.

• Concluded numerous IPO, M&A, privatisations and other financial transactions in Asia-Pacific.

CFO Brendan Goh

Corporate & Business Development Director

Peter Chen

• Audit Committee

• Remuneration Committee

• Nomination Committee

• Technical Committee

Corporate Finance and Legal Teams

now in-house

Global Technical Team

• Matthew Gill – Australia • Andrew Lawry – Global Projects • Chris Gbyl – Ghana • Mike Clarke – Bolivia • Pending – Canada

10 July 2013

Shareholding Structure - Local HNW + Retail, Growing Institutional

Asian Institutional Investors

- Pension, mutual, sovereign

• Dedicated Singapore, Malaysia, ASEAN + commodity-focused funds

• Few investable metals / gold stocks, in Southeast Asia

Global Institutional Investors

- Boutique, Private Equity

• Diminished selection of mid-cap gold companies

• Few Asian-listed options

Retail Investors

- Singapore, Malaysia, HK/China

• Gold Bugs, news flow sensitive

• Limited investment options vs US, UK, Australia, Canada

• Private Equity vehicles: largely available only to HNW investors

Broadening Investor Base

Directors & Management 11.6%

Asiasons Capital Ltd

8.9%

Market Vector Junior Gold Miners ETF

6.0%

26 July 2013

SGX-listed private equity group

Institutional funds joined the shareholder roster following inclusion in various indices and via acquisitions, private placement, investment proxy to junior gold miners

Van Eck

11 July 2013

Balance Sheet Transformation - As at 31 March 2013

Assets

Current assets

Non-current assets

Total Assets

Current liabilities

Non-current

Total Liabilities

NET ASSETS

S$m

131.3

259.2

390.5

48.1

66.4

114.5

276.0

Financial Highlights FY2013

• Nearly 10-fold rise in Net Assets to S$276m - Consolidation of 4 gold mining subsidiaries

• Nearly 10-fold rise in Shareholder Equity - Fund raising + shares issued for acquisition

• Debt gearing at 11%

• Cash and equivalents of S$47m

• Maiden gold mining revenue contribution from 3Q FY2013

Austere budgeting, rigorous cost controls, standardised reporting

12 July 2013

Exploration

Fast-tracking growth - Improving acquisition opportunities

FY2012

FY2013

FY2014

Non-core business divestment begins

Indices inclusion

Fund-raising for gold

business – S$100m

Institutionalisation of shareholder base

Unity Mining

Ounces- in-the-Ground

Signature Metals

Castlemaine Goldfields

Brimstone Resources

Citigold Corp

Minera Nueva Vista

Acadian Mining

New shareholders

Business review

Proposed change of core business to precious metals

FY2011

Production

–Today ‒

Resources 6.8m oz

Reserves 0.8m oz

Production 40-50,000 oz

Team-building

Business integration

Capital allocation

Acadian Mining

18%

13%

100%

9%

13 July 2013

Only Global Gold Co listed in SE Asia - vs single-project / country focus

Company Bourse Market

Cap

Ave Dly

Trading

Volume Resource Operations

LionGold Corp SGX

Main Board US$850m US$15m 6.8m oz

Australia, Ghana, Bolivia, Canada

CNMC Goldmine SGX

Catalist US$90m US$0.3m 0.5m oz Malaysia, Sokor project

G-Resources HSE US$650m US$1.7m 9m oz Indonesia, Martabe project

Zhaojin Mining HSE

H-Share US$2.1b US$10m 22m oz Projects in China, in production

China Gold ,,,

HSE US$1.1b US$0.4m 8m oz Projects in China, in production

Zijin Mining HSE

H-Share US$8b US$17m 34m oz Projects in China, in production

Lingbao Gold HSE

H-Share US$164m US$0.3m 15m oz Projects in China, in production

China Precious Metals

HSE US$137m US$1.3m 7.5m oz Projects in China, Mongolia, in production

July 2013

Market cap and average daily trading volume has been approximated for the past 6 months based on Bloomberg data

LionGold gold resource includes 100% of Acadian Mining Corporation

7 Projects:

14 July 2013

On track for 2014 target - 6.8 million gold ounces acquired in 18 months

Figures are extracted from previous JORC- and NI43-101-compliant announcements. Resources include Reserves. For Projects in which LionGold has a controlling stake, the Resources and Reserves are based on 100% of the Project’s holding.

For Citigold Corporation, Resources and Reserves are based on LionGold’s 18% equitable holding of the Charters Towers Project’s 11 million ounces of gold Resources, inclusive of 620,000 ounces of Reserves.

For Acadian Mining Corporation, LionGold currently holds 9% of the company. A takeover offer was made on 29 July 2013.

Company LGC

Interest Country Project

Resources (ounces)

Reserves (ounces)

Operational Target

Castlemaine Goldfields 100% Australia Castlemaine 686,000 ‒ Ongoing exploration

Ballarat 71,700 ‒ 40-50,000 oz production pa

Signature Metals 77% Ghana Konongo 1,470,000 ‒ Scoping study: end 2013

Minera Nueva Vista 100% Bolivia Amayapampa 1,280,000 787,300 19,000 oz pit by early 2015 Stage 2 review for 2017/18

Acadian Mining Corporation 100% Canada Beaver Dam 950,000 ‒

Scoping study pending Fifteen Mile Stream 383,000 ‒

Brimstone Resources 100% Australia Penny’s Find 52,300 ‒ Under review

Citigold Corporation 18% Australia Charters Towers 1,946,000 110,000 Operational team enhanced

Current 6,839,000 897,300 40-50,000 oz pa target

TARGET 2014 10,000,000 2,000,000 200,000 oz production

Unity Mining 13.2% Australia

Henty Mine 338,000 133,000 50,000 oz production

Lakeside 66,000 ‒ ‒ Darques Reef 327,000 233,000 50,000 oz production in 2014

Significant Shareholder

15 July 2013

LionGold’s expansion opportunity - Consolidation of a highly fragmented sector

Gold price volatility has created a window of opportunity to access to gold mining assets, including producing mines, at substantial discounts, as this sector consolidates

FY2014

Prospects

0

200

400

600

800

1000

1200

1400

1600

1800

2000

-100%

-50%

0%

50%

100%

150%

200%

250%

300%

350%

400%

450%

Jul-0

3

Jan-0

4

Jul-0

4

Jan-0

5

Jul-0

5

Jan-0

6

Jul-0

6

Jan-0

7

Jul-0

7

Jan-0

8

Jul-0

8

Jan-0

9

Jul-0

9

Jan-1

0

Jul-1

0

Jan-1

1

Jul-1

1

Jan-1

2

Jul-1

2

Jan-1

3

Jul-1

3

Gold Prices vs Junior Gold Miner Index 27 July 2003 – 26 July 2013

Dow Jones North American Select Junior Miner Gold Total Return Index

Spot Price of Gold

CONSOLIDATE Gold price volatility

Credit constraints

BOOM Rising gold prices

Easy credit

Pe

rce

nta

ge

In

cre

as

e

US

$ p

er o

un

ce

Gold prices - 26%

Junior miners - 41%

16 July 2013

Acadian Mining Corporation Ltd - Takeover offer pending at below US$5.35 per ounce

Nova Scotia Projects Canadian tenements in Nova Scotia

Under-explored gold-bearing province - Limited modern exploration

Scoping study for open pit underway Attractive royalty portfolio

Regional consolidation potential

TSX Venture-listed.

Refer to www.acadianmining.com for NI43-101-compliant statements.

Property Gold

(ounces) Tonnage (tonnes)

Grade (g/t)

Beaver Dam

Indicated 446,000 9,080,000 1.5

Inferred 504,000 10,400,000 1.5

Fifteen Mile Stream

Indicated 383,000 7,440,000 1.6

TOTAL 1,333,000

17 July 2013

Acquisition Strategy: Tweaked - Targeting scalable production

• Gold production 50-100,000 oz pa - or clear path to ramp-up, 6-12mos

• > 1 million oz gold Resource - inclusive of established reserve base - 5 years+ life-of-mine

• Organic cashflow growth - < US$1200 per ounce all-in cost

- Strong working capital position

• Up to US$100 million investment

LGC ALLURE

• Shares ≈ cash

• SGX-listed

• De-risking of assets

- Geographic

- Funding access

- Lower dilution risk

• Broader opportunities

- Bigger, global group

SCREENING

Gold producers globally

Better opportunities from April 2013

• Accelerated streamlining by gold majors - Divestment of non-core assets

• Realistic valuation expectations by juniors

• More favourable environment for negotiation, cost-cutting, capital discipline

18 July 2013

End Production

Exploration

Targeting the “Sweet Spot” - Producing / near-producing assets

Mining Project Life Cycle

Pre- Feasibility Scoping Study

Feasibility Study

Extension

Va

lue Ris

k

5-10% 10-20%

Brownfields

Greenfields

Indicative Capital Allocation

70-85%

Maximise Value,

Mitigate Risk

Development

Production

19 July 2013

Geographically diversified - Risk management

Developed – 60% Stable business environment

Infrastructure, skilled labour, funding

Can be high-cost

Australia, Canada Established global mining industry

Excellent skills-base

Many junior miners

10%

“De-risking” Resource & Investment

Friendly Emerging

Developed

Friendly Emerging – 21% Bigger opportunities

Lower entry cost

Ghana, Ashanti Gold Belt Stable, foreign-friendly

Established gold industry

Highly prospective, scalable

“Challenging” – 19% Good value

Bolivia Relationships key

Bolivia 19%

“Challenging”

BMT CTO

CGT

Australia 41%

Ghana 21%

Canada 19%

20 July 2013

Operating Objectives - Balance & Prioritise

Mine Profile

Resource expansion

Reserve replacement

Production rising, reliable

Increasing Li fe of Mine

Prioritise

Community

Environment, Health, Safety

Education & Training

P r o d u c t i o n E f f i c i e n c y

21 July 2013

Results delivered - Going forward – the next 12-18mos

Project Acquired

Castlemaine Goldfields (100%) Signature Metals (77%)

Minera Nueva Vista (100%) Brimstone Resources (100%)

Acquire

“Gold in the Ground”

FY2013 FY2014 Dec 2014

Divest Green Businesses

Expanded Funding Options

Project IPO Project financing

Acquire Producing Assets

10 million oz Resource 2 million oz Reserve

200,000 oz pa Production

5 year Life of Mine

Ongoing

Initiatives

Shareholder Return

Minimise Volatility

Raise Transparency

Mitigate Balance Sheet Risk

Strategic Investments Citigold Corporation (18%)

Acadian Mining Corporation (9%)

Unity Mining (13%)

Global Gold Co

36% Shareholder Return Junior Miners -16%, Gold +7%

US$

6% Shareholder Return Junior Miners -47%, Gold -21%

US$ year-to-date

Integrate resources Fortify team, alliances

New market opportunities

Organic production

growth

22 July 2013

23 July 2013

LionGold Corp Ltd 59 Mohamed Sultan Road

Sultan Link 02-08

Singapore 238999

T: +65 6690 6860

F: +65 6690 6844

E: [email protected]

www.liongoldcorp.com

Thank you

w w w . l i o n g o l d c o r p . c o m