Prosperity Goldfields Corp is exploring for gold in northern Canada. Drilling at its Kiyuk Lake property in Nunavut has discovered multiple gold zones, including the Rusty zone which returned an intercept of 61.5m at 3.34 g/t Au. The company plans an aggressive 4000m, two-drill program in winter 2013 focused on expanding and defining the Rusty zone, as well as testing other targets identified by recent exploration.
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Creating Wealth Through Discovery
GOLD EXPLORATION IN NORTHERN CANADA
CLICK TO EDIT MASTER TITLE STYLE
January 2013
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DISCLAIMER AND QUALIFIED PERSON
This presentation does not constitute or form part of any offer for sale or solicitation of any
offer to buy or subscribe for any securities in Prosperity Goldfields Corp., nor shall it or any
part of it form the basis of or be relied on in connection with or act as any inducement to
enter into any contract or commitment whatsoever. No reliance may be placed for any
purpose whatsoever on the information or opinions contained in this presentation or on any
other document or oral statement or on the completeness accuracy or fairness of any such
information and/or opinions. No undertaking, representation, warranty or other assurance
express or implied is made or given by or on behalf of Prosperity Goldfields Corp. or any of
their directors, employees or advisors, as to the accuracy or completeness of the information
or opinions contained in this presentation and, save in the case of fraud, no responsibility or
liability is accepted by any of them for any such information or opinions or for any errors,
omissions, misstatements, negligence or otherwise contained or referred to in this
presentation.
Mr. Adrian Fleming RPGeo, MAusIMM(CP) a "Qualified Person” pursuant to National
Instrument 43-101 has reviewed and is responsible for the technical content of
this presentation.
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OVERVIEW
• The best new gold discovery in Nunavut.
• 2012 Spring drilling confirmed higher grades at Rusty plus new discovery at
Amundsen.
• 2012 Summer Exploration found new gold showings.
• Aggressive two drill program in Winter 2013.
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PEOPLE
• Adrian Fleming, President & Director, is an Australian geologist with 35 years diversified experience in the
mining industry. Exploration continues to be his passion. He has been a member of the teams that made gold
discoveries at Porgera, PNG; Big Bell, W.A.; Gross Rosebel, Suriname; Hope Bay, Nunavut and most recently
White Gold, Yukon, Canada with Underworld Resources.
• Darryl Cardey, Chairman, is a partner with CDM Capital, a private company focused on merger, acquisitions
and corporate finance. He was a co-founder and director of Underworld Resources.
• Quinton Hennigh, Director & Technical Advisor, is an economic geologist with more than 20 years
experience. Over the past five years he has driven successful exploration programs and made significant
discoveries for Evolving Gold, Gold Canyon Resources and Prosperity Goldfields.
• Steve Swaffield, Director, is the principal of CarbEx Consulting Inc. He has over 25 years of experience in
senior financial advisory and operational roles and as an investment banker. He holds a BA and MA in
Engineering Science and an MBA.
• Darren Devine, Corporate Advisor, is a partner with CDM Capital, a private company focused on merger,
acquisition and corporate finance. He is a founder, director, officer and/or advisor to a number of private and
public companies in the oil, gas and mineral resource sectors.
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EARLY SIGNS
Landforms in project area,
southern Nunavut,
produced from last ice age
20,000 years ago.
• Lake Sediment geochemistry in 1976 by
GSC, 1,140 samples.
• The highest As values were near Kiyuk
Lake.
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FIRST PROSPECTORS
First sampling campaign in 1991 and 1992 found up to 37.0 g/t in
rock sample
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INITIAL EXPLORATION
Fixed wing magnetic surveying
Extent of
Newmont-PPG
air-magnetic
survey
Newmont completed airborne magnetics, drilling and prospecting in
the mid 2000 s 8
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DRILLING HIGHLIGHTS; 2011, 2012
• 2011 drilling: 14 holes, 2,700m, discovered strong gold intersections
at three separate locations.
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SPRING 2012 DRILL PROGRAM
• 12 holes completed totaling 2,652 m.
• Tested three known zones and two new
targets.
• Rusty zone 61.5m at 3.3 g/t Au.
• New Discovery, Amundsen; 42.4 m at 1 g/t
Au.
Drilling at Rusty
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RUSTY ZONE DRILLING
• Three holes at Rusty to Rusty Discovery 37.8 m at
test mineralization seen 4.2 g/t Au from the
surface
at the surface.
• Objective to define the
potential of this 2011
discovery.
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RUSTY ZONE 2012 DRILLING
• Mineralized zone at least 100 m wide.
• Strike length of at least 250 m.
• Rusty Zone is open to the north, south and at depth. Typical mineralized breccia
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KIYUK EXPLORATION
• All of the prospects identified to
date are from boulders left behind
by the last ice sheet.
• There may well be other gold
showings not yet discovered.
.
Canada blanketed by an ice sheet 20,000 years ago.
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KIYUK EXPLORATION
PHOTO
Gold values in surface samples and air mag PPG Technical Team
• Previous prospecting and mapping had not covered the entire property.
• Notwithstanding early prospecting had found a lot of mineralized boulders.
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SUMMER 2012 EXPLORATION, TILL SAMPLING
• The 558 till samples is the first property wide geochemical
program undertaken. Till Sampling
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PROPERTY WIDE SAMPLING RESULTS, Au
• Rasmussen is a new
drill ready target.
• Property wide till
sampling identified
other areas warranting
follow up.
• Prospecting/Mapping
returned samples up to
25 g/t Au.
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SUMMER PROGRAM, GRID GEOCHEMISTRY
• Two grids, Rusty
and Amundsen
• 100 x 50 m
sampling
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GRID SAMPLING RESULTS, AU
• Three new targets identified by grid till
sampling.
• These new targets in the core
prospective area.
Samples ready for shipment
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RUSTY GRID SAMPLING RESULTS, AU
• Sampling confirmed
the magnitude of
Rusty Zone making it
a priority target for
2013 drilling.
• The summer work
revealed satellite
targets needing
further investigation
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RUSTY GOLD GRAIN ANALYSIS
• Abundant pristine gold grains, total of
926, in a sample 400 m down ice
from drilling indicates south-ward
extension to identified mineralisation.
• Pristine gold grains one kilometer
further down ice suggest additional
mineralisation at Rusty.
A Gold grains from sample
at Rusty. Note
predominance of grains
with angular edges
(pristine).
B Gold grain shape
definitions; Pristine,
Modified & Reshaped.
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COBALT GOLD GRAIN ANALYSIS
• Abundant pristine and modified gold
grains suggest proximal hard rock
mineralisation not discovered by
previous drilling.
Boulder field at Cobalt Target with abundant gold mineralised clasts.
Inset is a photo of a frost boil which was sampled and produced 943
gold grains.
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2013 WINTER DRILL PROGRAM – RUSTY ZONE
• 4000 meter two-drill program to
commence March 2013
• Focus on expansion and definition
of Rusty Gold Discovery
• Location and orientation of target
holes based on previous drilling,
ground magnetics and gold grain
analysis
•
Abundant gold grains in till with
pristine shapes (close to source)
suggest southward extension of
mineralization
Drilling at Rusty Zone 22
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2013 WINTER DRILL PROGRAM – COBALT AND AMUNDSEN
• Drilling at Cobalt will test an undrilled area
• Cobalt target directly up-ice of a till sample with
highly anomalous number of pristine gold grains
and several mineralized boulders with grades up
to 14 g/t Au.
• Drilling at Amundsen will test for an extension to
surface and along strike of the known gold
mineralization
Chief Geologist Rob Mackie Logging core at Kiyuk
at Amundsen
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2013 WINTER DRILL PROGRAM – BANCROFT AND RASMUSSEN
• Bancroft and Rasmussen new showings identified in
2012
• Gold values found in till at Bancroft are higher than at
Rusty
• New gold grain results show a high proportion of
pristine gold grains supporting the interpretation of
local bedrock source at Bancroft
• The Rasmussen showing is defined by gold
mineralization in frost heaved boulders which are
interpreted to have undergone minimal transport
• Gold values from boulders at the Rasmussen showing
range from 0.1 to 6.9 g/t Au.
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PROJECT HIGHLIGHTS
ü Rusty target is the priority for aggressive drilling
and resource definition.
ü Fourth drill discovery at Amundsen.
ü The Property contains multiple gold showings.
ü Kiyuk has the hallmarks of a new Gold Camp.
.
Planning field work
Samples off to the laboratory PPG uses the best and latest tools 25
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EXPLORATION/NEWS SCHEDULE
Activity Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Summer
Results
Spring
Drilling
Summer
Drilling
Press
releases
• Objective is to define gold resources.
• Aggressive drilling Spring 2013 to grow the Rusty Zone & test other targets.
• Year round news flow.
• Initial assays from Winter 2013 program expected early April.
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POISED TO DEFINE SUBSTANTIAL GOLD RESOURCES
• The best new gold discovery in Nunavut.
• Aggressive exploration approach.
• Technical and management team lead by veteran geologists Adrian Fleming
and Quinton Hennigh.
Kiyuk Camp Drilling Camp Support
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CONTACT INFORMATION
INVESTOR RELATIONS
Dwane Brosseau Leo Karabelis
OFFICE
604 662 3380 416 543 3120
TOLL FREE
1 855 237 6274 leo@frontlineir.com
WEB
www.prosperitygoldfields.com
EMAIL
info@prosperitygoldfields.com
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Kiyuk Lake and Camp, Winter 2012 Summer Exploration, Nunavut
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Appendix - Best Drill Intercepts
PPG 2011 & 2012 Core Drill Hole Composites as Calculated using Target
Hole ID Zone DH_From (m) DH_To (m) Intercept Length m*g
GP11-003 Gold Point 148.53 160.63 12.1m @ 6.37 g/t Au 77
GP11-003 Gold Point 164.84 191.38 26.5m @ 3.17 g/t Au 84
RU11-001 Rusty 2.44 40.23 37.8m @ 4.18 g/t Au 158
KI12-003 Rusty 19.48 39.00 19.5m @ 3.49 g/t Au 68
KI12-003 Rusty 108.00 118.50 10.5m @ 7.17 g/t Au 75
KI12-003 Rusty 159.00 220.50 61.5m @ 3.34 g/t Au 205
Criteria
>1 g/t composite average
At least 6m width
0.5 g/t cut off
Internal dilution of 0.1 g/t over 3m width
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