Exploring For Gold in a Gold-Rich System

1. Exploring For Gold in a Gold-Rich System
Corporate Presentation
LDM:TSXV December 2011
1

2. Forward Looking Statements
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.
2

3. Why Lago Dourado?
Clean exploration story
 100% ownership of flagship Juruena project
 Brazil – favourable mining jurisdiction
 Well financed (current cash balance ~$4mln)
 Experienced executive team
Juruena Project – Size 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
Upcoming catalysts
 2 drill rigs turning – 15,000m Phase I campaign
ongoing
 Property largely untested
3

4. Corporate Overview
Capital Structure Shares (M) Investor Snapshot
Pre-Initial Public Offering (IPO) 42.2 Share Price (December 5, 2011) $0.46
IPO – November 2010(1) 18.4 Market Cap (December 5, 2011) $33 M
Issued to Geomin (previous owners) 1.5 Average Daily Volume (3 months) 20,000
Secondary Financing – July 2011 9.2 Cash On Hand (Aug 31, 2011) $5.5 M
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%)
Source: Stockwatch
(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
4

5. 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
5

6. Management & Board of Directors
Thomas Obradovich Dan Noone
Chairman Director
 20 yrs experience in developing mineral projects  VP Exploration at Guyana Goldfields
from grass roots to advanced exploration  20 years experience including senior geologist
 Former Director of Aurelian, Ex-President & CEO roles in PNG, Indonesia & South America
of Young-Davidson Mines
Dean MacEachern
Forbes Gemmell Director
President & CEO  Co-founded Lago Dourado
 Former precious metals analyst at Raymond  20 years precious & base metals exploration
James covering mid-tier gold producers predominantly with Falconbridge (1988-2005)
 10 years experience in the investment industry
Jon Douglas
 CFA charterholder
Director
Murray Paterson  Senior VP & CFO of Northgate since 2001
VP Exploration & Development  Involved in A&D and operation of gold projects
 15 yrs experience in precious/base metal operations in North America and Australia
in a variety of geological environments
 Mine Geological Superintendent for Michele McCarthy
Equinox at Lumwana and Chief Mine Geologist Director
at the world-class Geita Gold Mine in Tanzania  Chief Legal Officer for GMAC Residential Funding
 Advisor to mutual funds and hedge funds on
Dr. David Groves corporate governance, compliance & HR matters
Technical Advisor
Frederico Marques
 Former Professor of Economic Geology at UWA
 Co-authored over 500 geological publications – Director
received 11 medals for his research  Foreign legal consultant at Heenan Blaikie LLP
 10 years in-house legal experience with Vale, Brasil
Telecom and Odebrecht
6

7. Juruena – Active Workings
Extensive Surface Workings
Garimpeiros (Artisanal
Jacaré pit Miners)
Est. 10,000 oz Au  Property worked by garimpeiros since
extracted in 1 year 1980s (>0.5Moz Au mined)
 Only alluvials and saprolite mined (to
an average depth of ~30m)
7

8. Juruena – Background
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
8

9. Juruena – Alta Floresta Gold Belt
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
9

10. Juruena – Local Geology
Porphyry to High-
Sulfidation Mineral System
Different styles of mineralization within Crentes
different host environments
Querosene
Indicative of multiple mineralizing
pulses
Jacare’s
Field
Resulting in multiple gold zones over
several hundred metres to kilometres in
strike
Noventa
Graus
10

11. Drilling vs Gold-In-Soil Anomalies
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
 ~ 10,000m completed of
15,000m Phase I campaign
 Currently 2 drill rigs turning
 Multiple target areas:
A. Crentes
B. Querosene
C. Jacare’s Field
D. Uiliam
E. Arrastro SE
F. Chico Carabina
G. Noventa Graus
11

12. Potential Geological Model?
12

13. Upcoming Targets
Uiliam Pit JRND046 -
 Massive sulfide mineralization on edge of a dyke Ocelli or
globules
 Mineralized sheeted veins in volcanic rock containing
 Hole JRND046 underneath pit intercepted sulfide sulfide,
veins & ocelli/globules over ~200m interval (assays carbonate
are pending) and a white
feldspar
(413m)
JRND046 -
Sulfide veinlets
(291m)
13

14. Upcoming Targets
Arrastro SE
 Circular S & Fe zone (500m x
500m) within Cu-Au rich zone
(2km x 1km)
 Silica cap & brecciation
present
 Zoning consistent with the
presence of a Cu-Au bearing
porphyritic intrusion (porphyry))
Chico Carabina
 Junction of three major faults,
two are well mineralized
 Strong linear trend of high soil
anomaly
 200m long bedrock working
14

15. Juruena – On-site Infrastructure
On-site infrastructure
largely complete
(office, core shack,
sleeping quarters,
classroom, nursery,
kitchen/canteen)
15

16. Juruena – Community Relations
School & local health clinic
upgrade complete
Upgrade of telecommunications
underway
Local committee formed to
implement community programs
16

17. Jauru – Gold Exploration Project
 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 20km
Geomin Option (85,000 hectares)
17

18. Jauru – Geology & Magnetics
 J6A target – 2km long gold-in-soil
anomaly along structural corridor
 J7 target – 4km long gold-in-soil
anomaly along geological contact
J7 zone
J6A
J7
J6B
J6A
18

19. Exploration Outlook
 Strategy focused on discovery of a multi-
million ounce gold deposit at the Juruena
Project
 15,000m Phase I drill program ongoing -
designed to test most prospective targets and
gain a better understanding of the geological
model
 Multiple gold zones already identified over
the massive gold footprint- property remains
largely untested
 Well funded to complete remainder of drill
program
19

20. Appendix A - Deal Structures
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
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$8 M
Year-End Option Exploration Total
Payments (US$) (US$) (US$)
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
20

21. 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
21