A Premier Colombian Gold Exploration Opportunity

Q1 2013

[ 2 ] Forward Looking Statement

The following information may contain forward–looking statements. 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 statement. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Llave Oro’s actual results, level of activity, performance or achievements to be materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the historical resource estimates, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic condition or financial markets, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relation matters.

[ 3 ] Llave Oro Value Creation

• Principal Assets Lookalikes to Buritica and Gramalote Deposits

• A premier Colombian-based team with a track record of significant exploration success

• Identified, assembled, negotiated and advanced exploration on Continental Gold’s (TSX: CNL) key assets

• Strong relationships throughout Colombia, with a collective 70 years working experience in the country

Pre-IPO

Financing

$3. 8M @ $0.20

$280K @ $0.35

Shares

Outstanding 29,110,000

Fully Diluted 41,705,000

Warrants 9,395,000 @ $0.30

400,000 @ $0.50

Options 2,800,000 @ $0.20

• A strong Board with extensive experience building companies and creating shareholder value in the capital markets

• Pursuing production/cash-flow scenario along with asset/project consolidation strategy

[ 4 ] Management & Directors

MICHAEL SMITH, R.G., President

Geologist with significant international mining operations experience. Served as Chief Mine Geologist for Barrick Gold Corp. at the Gold Strike Mine in Nevada. Subsequently became General Manager of Exploration and Development for Barrick Gold in South America. Former CEO of Grupo de Bullet, led key discoveries at Buritica and Gramalote deposits

BALMER ECHEVERRI, VP Exploration

Geological engineer with Masters degree in Economic Geology, 10+ years mining experience mainly in Colombia. Former Country Manager at Barrick Gold in Colombia. Led discovery at Marsella deposit. Former exploration Geologist on Buritica project ADRIANA GONZALEZ, General Manager

Significant mining company experience in Colombia; a mining engineer with a Master’s degree in Environmental Management, 20+ years experience regulatory affairs, former Concession and Environmental Manager, Colombia with Continental Gold MARTA TOBÓN, Corporate Social Responsibility

Responsible for Corporative Social Responsibility programs. Experience includes Continental Gold and Alcaldia de Medellín

[ 5 ] Management & Directors continued….

JOHN CARLESSO, Executive Chairman

The founder of Cervello Capital Inc., a private merchant bank based in Toronto; has over 15 years of international business experience; Executive Chairman of Oremex Silver Inc. Has extensive experience in the junior mining sector – Vice President, Corporate Development at Desert Sun Mining Corp, a company acquired by Yamana Gold Inc. Founding CEO of Apogee Silver, acquired Pulacayo project now entering production

MICHAEL SMITH, R.G., Director

Geologist with significant international mining operations experience. Served as Chief Mine Geologist for Barrick Gold Corp. at the Gold Strike Mine in Nevada. Subsequently became General Manager of Exploration and Development for Barrick Gold in South America MARC BAMBER, Director

Mr. Bamber is a senior natural resources hedge fund management specialist with seven years’ experience at the UK-based, RAB Capital. He is very knowledgeable in the natural resources investment sector and possesses a deep understanding of the UK and European markets

[ 6 ] Why Colombia?

• Colombia is considered to be among the world's most desirable destinations for mineral exploration and development, as it is rated 1st globally in terms of geologic potential.

• It is the most secure Latin American country to business , and has the 2nd best investor protection in Latin America .

• Colombia is ranked 3rd in South America for "Policy Potential" , which measures the effects of government policies on exploration, including mining codes, taxation, security, political security and infrastructure.

• Has a stable democracy with a 98% Presidential approval rating, as the U Party was elected for its third term in 2010.

• Since the 2002 election of President Alvaro Uribe, Colombia has experienced huge improvements in security conditions, and civil unrest no longer prevents exploration of the area.

• By 2012 around US$8.8 billion in self-funded infrastructural projects have been completed in Colombia, and it is now the 5th largest economy in Latin America.

[ 7 ] Foreign Investment in Colombia

[ 8 ] Major Mining & Exploration Projects

AREA

Total 1,141,748 km2

% Water 8,8%

Borders 6,004 km

POPULATION

Total 46,000,000

Density 38 hab/km2

[ 9 ] Regional Geology Cauca Belt

• Prolific Cauca Belt a significant area of exploration focus

• Large gold deposits in the belt include:

• Buritica (Continental Gold): 3.4M oz. Au*

• La Colosa (AngloGold Ashanti): 12.9 M oz. Au**

• Cerro Veta (Sunward Resources): 3.7M oz Au.***

• Marsella, (Barrick) New Discovery

*Continental Gold, 2012 Mineral Resource Estimate of the Buritica Gold Project,

Colombia ‘ Prepared by Mining Associates Pty Ltd.

** AngloGold Ashanti, May 6.08 ‘AngloGold Ashanti Announces Significant

Exploration Results at 100% owned La Colosa Project in Colombia’ news

release

***Sunward Resources Deposit of 3.7M oz as per report by Behre Dolbear &

Company (USA), Inc. dated June 1, 2012, titled "Technical Report on the Titiribi

Project, Department of Antioquia, Colombia"

EL RAYO PROJECT

1. Continental Gold, Buritica Deposit, 3.4M oz. Epithermal Miocene Intrusives

2. Sunward Resources, Cerro Veta Deposit, 3.7Moz. Porphyry Tertiary Sediments

3. Bellhaven Inc La Mina Deposit, 0.8Moz Porphyry Crestaceous Volcanic Sediments

4. Anglo-B2-Gold JV, Quebradona Deposit, Porphyry Precambric Basement

5. Medoro Resources, Marmato Depsoit, 9.7M oz IS Epithermal

6. Batero-Seafield Resources, Quinchia Deposit, 1.6Moz Porphyry

7. Barrick Gold, Marsella Deposit, Porphyry Echeverri B. November 2011

8. Anglo Gold Ashanti, La Colosa Deposit, 13Moz Porphyry Modified from INGEOMINAS

1:100 K sheets

[ 10 ] Projects Overview POPALES PROJECT

• Located 7 km from Continental Gold’s

inferred 3.4M oz. Au Buritica project*

• Artisanal mining inventory (ongoing)

• Geological mapping (completed)

• Vein mapping

• Rock geochemistry

• Ground Magnetic Survey (completed)

• Trenching (completed)

• NI 43-101 Technical Report

• Drill ready project

EL RAYO PROJECT • Rock and soil geochemistry

(completed)

• Trenching

• Geological mapping (ongoing)

• Drill ready project

LLAVE ORO INC. PROPERTIES

*Continental Gold, 2012 Mineral

Resource Estimate of the Buritica

Gold Project, Colombia ‘ Prepared

by Mining Associates Pty Ltd.

[ 11 ] Popales Project

• Buritica look-alike

• Located 150 km NW of Medellin in an emerging, high-grade district within the Cauca gold belt

• 7 km from Continental Gold’s inferred 3.4M oz. Au Buritica project

• Multiple gold bearing veins identified through preliminary exploration

• Identified 45 high-grade Buritica-like veins

• Veins from trace up to 68 g/t Au

• Altered rock between veins assayed up to not fold 13 g/t Au

• High grade vein and bulk mining potential

• Drill-ready project with the location of 7 drill-holes identified

• Completed 288 line-meters of trenching

• 8m at 3.5 g/t Au

• 16m at 0.8 g/t Au, including 8m at 1.22 g/t Au

• 10m at 0.5 (g/t) Au

Rivers Drive Artisinal Gravimetric Processing

Looking South at the Popales Project

[ 12 ]

Continental Gold

Popales Project Up Close

POPALES

Grupo de Bullet

[ 13 ] Buritica & Popales Comparison

• Distribution and type of high-grade veins at Popales is very similar to Buritica

• Identified 45 high-grade Buritica-like veins

• Numerous, high-grade veins up to 68g/t Au

• Many of the high-grade veins support artisanal mining

• Mineralized stockwork zones in wall rock indicate bulk mineable potential

100 m.

ILLUSTRATIONS

Top: Popales Veins

Bottom: Buritica Veins

[ 14 ] Popales Geochemistry

• Widespread mineralization indicates:

• large hydrothermal system and

• provides numerous drill targets

• Copper and silver mineralization is associated with gold mineralization

Map: Rock chip sampling Au g/t

[ 15 ] Popales Trenching and Proposed Drilling

• Completed trenches, exposing stockwork zones

• 4 trenches for a total of 288m line

• 100 chip-channel samples pending results

• Proposed drilling: 3 holes totalling 1,200m

• Completed 288 line-meters of trenching

• 8m at 3.5 g/t Au

• 16m at 0.8 g/t Au, including 8m at 1.22 g/t Au

• 10m at 0.5 (g/t) Au

[ 16 ] Popales Ground Mag

• Ground magnetic survey completed, 23.8 line-kilometers

• Gold mineralization associated with magnetic minerals

• Expected to provide additional drill targets

[ 17 ] Popales Images

One of many small mills at Popales Sample from high grade vein

• Agreement to acquire 90% for US$2.5M over a 24 month period

[ 18 ] El Rayo Project

Gold Anomalies

Potential Mineralized Trend

• Gramalote look-alike

• One concession, 270 hectares

• Open cut exposes a shear zone roughly 11m wide, length appears to be 1+km

• Chip samples yielded from 4.2 g/t Au up to 16.6 g/t Au

• Alteration consists of silicification, propillitic and sericite zones within N 70 E trend of 50 m width

• This style of alteration is typically associated with gold deposits observed at B2/AngloGold Ashanti Gramalote deposit

• Lithological and alteration maps are being prepared

• Agreement to acquire 90% for US$2.2M

[ 19 ] El Rayo Regional Geology

• Located in the prolific Antioquia Batholith Belt

• Majors nearby: AngloGold Ashanti, Gramalote and B2Gold

[ 20 ] El Rayo Geochemistry

• Geochemistry of rock chip and soil samples indicate two mineralized zones:

• 200m by 50m of gold anomalies ranging from 0.1 g/t Au to 5.4 g/t Au

• 270m by 170m ranging from 0.1 g/t Au to 2.6 g/t Au

[ 21 ] El Rayo Geochemistry Los Barrera Zone

• Surface sampling showed significant anomalies of gold

• Shear zone targets of up to

500m • Environmental and drilling

permits received • Initial program 3 holes

@ 1, 100m

[ 22 ] Llave Oro Overview

• Premier Colombian gold exploration opportunity

• Best in class team with vast expertise in Colombia

• Start-up level valuation

• Significant catalysts and activity during 2013

• Ongoing program

• Popales and El Rayo have multiple “drill-ready” targets

• Final stages of permitting

• Continued due diligence on additional project acquisitions

• Still “early days” in Colombia

• Pursuing production/cash-flow scenario along with asset/project consolidation strategy

[ 23 ] Contact Information

P +1 416. 309.4325

F +1 416.364.3346

Bay Adelaide Centre

Suite 1200, 333 Bay St.

Toronto, ON

M5H 2R2 Canada

information@llaveoro.com

www.llaveoro.com