Edgewater Exploration is a Canadian-based small cap mining company focused on building a portfolio of undervalued mid stage gold assets worldwide. Edgewater has acquired the advanced stage Corcoesto gold asset through the acquisition of Rio Narcea Gold Mines in the Autonomous region of Galacia, Spain. The project is well located with excellent access to roads, power and a nearby local skilled workforce.

1. July 2011

2. Forward Looking Statement
Certain statements in this document constitute “forward looking
statements” which may not b b
t t t ” hi h t be based on hi t i l f t S h f
d historical fact. Such forward d
looking statements involve known and unknown risk, uncertainties and
other factors which may cause the actual results, performance or
achievements of the Company, or industry results to be materially
different f
diff t from any f t
future results, performance, or achievements
lt f hi t
expressed or implied by such forward looking statements. Such factors
include, among others, the following: actual results of exploration and
development activities; the estimation or realization of mineral reserves
and resources; th ti i
d the timing and th amount of f t
d the t f future production; th costs
d ti the t
and timing of the development of new deposits; future prices of precious
and base metals; accidents; risks inherent in mineral exploration; risks
associated with development, construction and mining operations;
restrictions on f
t i ti foreign ownership; th C
i hi the Company’s hi t
’ history of operating
f ti
losses and uncertainty of future profitability; uncertainty of access to
additional capital; environmental liability claims and insurance; and
dependence on joint venture partners.
2

3. Edgewater Team
George Salamis Edward Farrauto
President & CEO, Director CFO
•+20 years experience directing exploration, •+20 years experience as CFO and Director of
development, and mining operations of a public companies
number of gold, base metal and coal projects •Directly involved in raising over $500 million
•Senior Management positions with Placer of equity and debt
Dome and Cameco Corporation •Completed M & A transactions valued over
•Completed M & A transactions valued over $750 million
$1B
Greg Smith, P.Geo Doug Forster, M.Sc. P.Geo
Vice President Exploration Director
•+23 years exploration experience working for •30+ years resource project development,
both
b h junior & senior mining operations M&A, equity finance and public company
& f d bl
management
•Involved in outlining +10Moz gold discovery
•President & CEO of Featherstone Capital
•Founder and director of several public
companies
3

4. Capital Structure | July 2011
Equity Ownership Share Structure
Kinross
Gold Corp
5% Issued & Outstanding 66,680,687
Mgmt & Warrants
Insiders 6,875,000 @ 1.10 (2013)
Retail 38% 19% ’15,451,280
624,780 @ $1.10 (2012)
7,806,500 @ $1.40 (2013)
Options
p 5,077,000
, ,
Institutional
38%
Fully Diluted* 92,208,967*
Cash , ,
$18,500,000
* If Edgewater delineates a NI43-101 compliant resource of 3Moz of gold in the M&I category on the Enchi
Gold Project, then Kinross can exercise an additional 2.5M warrants at $0.50 and 2.5M warrants at $1.00
(included in the fully diluted number above).
4

5. Edgewater Projects
5

6. Corcoesto Project | Overview
• Located 35km W of the La Coruna
in NW Spain, one of the most pro-
Spain pro
mining regions
• 100% ownership
p
• 2011 NI43-101 Compliant Resource
– Measured & Indicated: 325,000oz Gold
,
Inferred: 1,149,000oz Gold
• 7 major gold vein systems open along strike and at depth
• Active drill program underway
– Highlight Drill Hole to date 10E10: 10.72 g/t Gold over 17m
• Potential for both open pit and underground operations
6

7. Corcoesto Project | Details
• Previous work on the project has consisted of
geological mapping, geophysical surveying,
and soil and rock geochemistry including
g y g
trenching and 42,000m of diamond and RC
drilling in +400 holes
• Gold mineralization associated with quartz
veins,
veins quartz breccias and silicification
• Amenable to conventional open-pit mining
• Excellent infrastructure; roads and 22 Kv
power line crossing project
• Currently permitted for small scale mining
• Permit to be resubmitted due to increase in
resource size.
7

8. Corcoesto | 2011 Resource Estimate
NI 43-101 Mineral Resource Summary
Resource Class Cutoff Tonnes g/t Gold Contained Gold
(g/t Au) (x1000) (x1000 oz)
Measured
0.65 3,899 1.77 222
Indicated
0.65 1,823 1.69 103
Measured + Indicated
0.65 5,783 1.74 325
Inferred
0.65/2.0 20,265 1.76 1,149
• A total of 1 101 9 m of surface trenching in 55 trenches, 443.1 m of adit sampling i 4 adits and
t t l f 1,101.9 f f t hi i t h 443 1 f dit li in dit d
42,326.2 m of diamond and RC drilling in 436 drill holes were used in the resource with sample
spacing’s that were less than 30 m for Measured resources, less than 40 metres for Indicated resources
and less than 195 m for Inferred resources except for Inferred resources below 200 m from surface and
for the northern two vein systems that used drill spacing’s of 196 m
• A base cutoff grade of 0.65 g/t Au was used for reporting resources above a depth of 200 m from
surface and a cutoff grade of 2.0 g/t Au was used for reporting resources below 200 m from surface
8

9. Corcoesto | Aerial View
Pozo Del Ingles
g Peton De Lobo
Gold Zone Gold Zone
Cova Crea
Gold Zone
12,000m
In country
In-country Team
Diamond D ill
Di d Drill 1 Drill Rigs
D ill Ri
$2.5M Budget with extensive
Program Onsite
experience
Underway
9

10. Corcoesto | 2010 -2011 Drill Results
Longitudinal section
Pozo del Ingles Ore Zone PI-27
Cut-0ff 1.0g/t Au
Longitudinal section
Cova Crea Ore Zone PI-27
Cut-0ff 0.5 g/t Au
1.51 g/t Gold over 43.40m 10.72 g/t Gold over 17m
2.66 g/t Gold over 13.3m
Mineralized Intercept Length Au
Drill Hole
Zone From To (m) (g/t)
Hole 10E01 Peton de Lobo 25.10 30.05 4.95 1.60
Hole 10E02 Cova Crea 159.0
159 0 165.0
165 0 6.00
6 00 4.27
4 27
Hole 10E03 Cova Crea 155.0 167.5 12.50 0.75
Hole 10E05 Cova Crea 174.7 182.8 8.10 1.71
Hole 10E07 Cova Crea 261.2 304.6 43.40 1.51
Hole 10E09 Pozo De Ingles 0.00 8.60 8.60 1.29
Hole 10E10 Pozo De Ingles 164.0 181.0 17.00 10.72
Hole 11E13 Pozo De Ingles 320.8 334.1 13.3 2.66
10

11. Corcoesto | Development Timeline
2011 2012
Q1 Q2 Q3 Q4 Q1
12,000m Diamond Drill Program
Engineering Scoping
Study
$2.5 M Drilling
11

12. 2nd
largest
producer
in Africa
Enchi Gold Project
• Located in Ghana, 70km SW of the • Mid-stage exploration comprised of 8
5Moz Chirano gold mine associated licenses totalling 568km2
with 9km long Bibiani Shear Zone • 290km west of the capital city Accra,
• Spending $5M to earn net 51% accessed via sealed roads
interest from Kinross Gold
Corp(TSX:K) 12

13. Enchi | Location
• Analogous to Chirano Gold
Mine
• Includes 16 known targets
along a 40km section of the
Bibiani Shear
• Key Target Areas:
 Boin
 Nyam
y
 Sewum
 Eradi
13

14. Enchi Gold Project
• Similar geology
following the Chirano
and Bibiani shear zones
• 40,000m of drilling
conducted by previous
operators
• Abundant drill ready
targets
• Over 45 drill holes
and trenches > 1g/t
over 10m not
followed up
14

15. Enchi | Nyam Target
• +1.5 km of continuous gold
mineralization identified
• Shallow: drilled to avg depth of less
than 100m
• Consistent: widths of 10 – 20m of
economic grade gold intercepted in
previous drilling
• No 43 101 resource estimate done
43-101
• Open on-strike and at depth
RC Drilling Results*
Hole From To Intercept Au
(m) (m) (m) (g/t)
KRC027 3 14 11 3.60
KRC032 69 85 16 1.83
KRC065 15 24 9 1.92
KRC075 12 28 16 1.66
KRC097 7 16 9 2.77
*RC drilling results greater than 1.0 g/t Au from Nyamebekyere Gold zone
Cross Section 15320N 15

16. Enchi | Boin Target
• Mineralization +10km associated
Boin Cross Section with the Bibiani Shear Zone
• Work by Red Back included 26
trenches totaling 3,945m and 112
3 945m
RC drill holes totaling 13,033 m
• No deep drilling has been
conducted
• Major resource delineation drill
program planned
RC Drilling Results
g
Hole From To Intercept Au
(m) (m) (m) (g/t)
KBRC001 29 49 20 1.57
KBRC004 67 83 16 2.26
KBRC007 84 96 12 1.75
KBRC008 26 56 30 1.92
KBRC012 31 64 33 2.1
16

17. Enchi | Eradi & Sewum Targets
Eradi
• Three parallel soil anomalies
each approx 3 2km strike
approx. 3.2km
length
• Only 2 trenches totaling 435m Sewum
were completed on the
anomalies
li • Highly prospective,
Hi hl ti
multiple kilometers of
• Not drilled to date
strike length defined
• Assayed 37m of 1.47 g/t
• Previous trench highlights:
gold in trenches
1.14g/t over 24.2m
• Obuasi-Enchi Lineament is
2.35 g/t over 11m
associated with the major
0.70g/t over 221m
40 Moz Ashanti gold
deposit located 100 km 1.06g/t over 17 m
g/
east of the Enchi Project 1.48g/t over 78m
1.86g/t over 17 m
• Mineralized breccia
intercepted in our first
few Sewum drill holes,
assays pending
17

18. Enchi | Sewum South Target
New Discovery S
N Di Sewum S th
South
Hole From To Intercept Au
(m) (m) (m) (g/t)
SWDD001 57 86 29 2.01
SWDD003 101 118 17 1.59
SWDD004 47 73 26 1.15
• Sewum South has some of the highest
g
Geo-chem anomalies on the Enchi Project
• Sewum Gold Zone has a total strike length
of over 7km
Sewum South Drill Core
Assays Pending
>20 drill holes
SWDDH001 2 01 /t over 29
2.01g/t 29m
18

19. Enchi Progress
• To date a total of 5,000m and 27 trenches have been completed by Edgewater
• Boin – 700m of a 3km strike has been drilled to a avg depth of 50m (drilling underway)
• Nyam – 1.7 km of strike drilled to an avg depth of 50m
• Both are open along strike and at depth (excellent continuity, leading to a gold
resource during H2 2011
• Drilling program has been expanded to 35,000m
• Sewum (new zone) Multiple undrilled trenches with grades up to 1.48g/t gold over 78m
(drilling now underway)
Edgewater Diamond Drill Results Edgewater Diamond Drill Results
BOIN GOLD ZONE NYAM GOLD ZONE
Hole From To Intercept Au Hole From To Intercept Au
(m) (m) (m) (g/t) (m) (m) (m) (g/t)
KBDDH002 32 41 9 2.74 NBDDH021 69 80 11 4.75
KBDDH003 44 68 24 1.72 NBDDH018 31 65 34 1.13
KBDDH009 41 65 24 1.58 NBDDH013 43 64 21 1.04
KBDDH010 15 27 12 2.91
2 91 NBDDH001 47 61 14 1.13
1 13
KBDDH011 45 79 34 1.41 NBDDH002 55 62 7 1.68
KBDDH013 10 34 24 1.42
19

20. Enchi | Project Timeline
2011 2012
Q1 Q2 Q3 Q4 Q1
Geological Mapping, Trenching, &
Soil Sampling
“Initial”
NI 43-101
Prioritizing Drill Targets Resource
Estimate
35,000m Diamond Drill Program
20

21. Enterprise Value (US$/oz)
$300
Edgewater E l
Ed t Explorations peer review group
ti i
averages $84/oz (EV/Resources)
$250
Edgewater Exploration is currently valued at
$33/oz
$200
$150
$100
$50
$0
Date July 13/2011
21

22. Summary
• Ghana – Enchi Gold Project: located in one of the most prolific gold
regions of the world; major resource delineation and new gold target drilling
program. A 35,000m Diamond drilling program underway
• Spain – Advanced stage 100% controlled Corcoesto gold deposit:
hosts a recently updated NI 43 101 M&I resource of 325 000 oz Gold with
43-101 325,000
1,149 oz Gold of Inferred, the deposit is open for resource expansion and is
potentially amenable to low cost open pit mine development. A 12,000m
Diamond drilling program underway. Edgewater recently commenced a
scoping study on Corcoesto to be completed H2 2011
H2, 2011.
• Management team - in place with a proven track record of advancing
undervalued gold projects and maximizing shareholder value
22

23. Acquiring and Advancing
Undervalued Worldwide Gold Assets
Contact: Ryan King, Vice-President
Phone: 604 628 1012
Email: rking@edgewaterx.com
Website: www.edgewaterx.com
TSX-V: EDW