Hawthorne Gold

1. Experienced Management Infrastructure Frasergold Taurus Permitted Table Mountain Building British Columbia’s Next Gold Producer Corporate Presentation May 2009

3. Share Structure Issued and Outstanding 73,912,347 Stock Options ($0.60 - $3.04) 4,291,016 Warrants ($0.30 - $2.25) 17,223,591 Fully Diluted 95,426,954 Insider Ownership 4,362,900 (5%) American Bonanza Gold Corp. 6,750,000 (9%) Institutional Ownership ~25,000,000 (26%) Market Capitalization (as at May 1, 2009) ~$20M

5. Experienced Management Team Michael Beley Chairman and Director 40 + years experience in senior executive roles in mining industry; f ormer co-founder, VP & Director of Eldorado Gold Corp.; former co-founder, VP & Director of Bema Gold Corp.; co-founder of Polaris Minerals; and former Director of Nevada Pacific Gold Peter A. Ball VP Corporate Communications 20+ years mining, brokerage, marketing/communication and technical experience; previous roles with Eldorado Gold, Echo Bay Mines, Hudson Bay Mining and Smelting ltd., RBC Dominion Securities; graduate of Haileybury School of Mines and Georgian Business School Richard Barclay President, CEO and Director 40+ years experience in senior executive roles in financial sector; former f ounding CEO, President, & Director of Eldorado Gold Corp.; former co-founder, CFO and Director of Bema Gold Corp.; and former President, CEO & Director of Nevada Pacific Gold Michael Petrina VP Mining 25+ years experience in senior management , operational and consulting roles for such companies as Adanac Molybdenum Corporation, Pan American Silver Corporation, Miramar Mining, TVX Gold, and Kilborn Engineering Pacific Ltd.; B.Sc. Engineering, P.Eng and MBA Patrick McGrath CFO 10+ years of finance and merger experience related to precious metals acquisitions; provided senior management consulting roles for CDN and US public companies; holds Certified General Accountant designation Marlin Murphy Manager of Environmental and Governmental Affairs Over 25 years of environmental and government relations experience; previous senior management positions with EBA Engineering, Compliance Energy Corporation, Barrick Gold Corporation, Homestake Mining and Cassiar Mining Corporation

6. Technical Team and Advisors John Dadds Exploration Manager 30+ years experience in gold exploration; held positions of increasing responsibility with Corona Corp., Homestake Mining, Barrick Gold; successes include the co-discovery of Hemlo gold deposit and the exploration and mining of the Eskay Creek gold deposit David Rhys Board Advisor Principal of Panterra Geoservices Inc.; specializes in the application of structural geology techniques to the assessment of mineral deposits; has extensive experience in the evaluation of gold deposits at all phases of development Dr. John-Mark Staude Board Advisor 20+ years of international exploration experience in precious and base metals; held various positions of increasing responsibility with Kennecott, BHP Billiton, and Teck Cominco Bernard Kahlert Director 35+ years of international exploration experience primarily focused on gold and base metals; held various positions with mining companies in Australia, United States and Canada; graduate in Geology and P.Eng Jack McClintock Board Advisor/Consultant 30+ years experience in all facets of the mineral exploration business; held various positions of increasing responsibility with Rio Algom, Billiton and BHP Billiton, the last being Global Exploration Manager with BHP Billiton; graduate degrees in Geology and MBA Dale A. Sketchley Director 30 + years experience encompassing all phases of exploration, QAQC, geological modelling and resource evaluation; Mr. Sketchley has been involved Ivanhoe Mines, Union Minié, Chevron, Denison, Erickson Gold, Cooke Geological, MineQuest, and Placer Dome

7. British Columbia – A Pro Mining Province Frasergold Deposit Taurus Deposit Table Mountain Deposit Cassiar Gold District Cariboo Gold District

11. NI 43-101 Mineral Resource Estimate 2009 Resource Target Opportunities *Update of Technical Report on the Table Mountain Property, Liard Mining District, BC on the Table Mountain Property prepared by Beacon Hill Consultants (1988) Ltd. - June 1, 2008. For 68.57 g/tonne cut values, individual assays greater than 68.57 g/tonne Au are cut to 68.57 g/tonne Au. ** An updated NI 43-101 report (Wardrop Engineering Inc. – Updated Resource Report on the Taurus Deposit – Liard Mining District, BC - dated March 11, 2009) regarding the Taurus Property is available on www.sedar.com. Taurus NI 43-101 resource estimate conversion equates to 33.055 million tonnes at 0.99 g/t Au. This uses a cut-off grade of 0.50 g/t Au. Underground Surface East Bain Mine Area Taurus Deposit – High Grade Zones for potential mill feed Cusac Mine Area Pete, Vollaug, Gap, Bear, other Main Mine Area Regional Cassiar Gold Camp Indicated Inferred Tonnes Grade g/t Contained Au Tonnes Grade g/t Contained Au Kg Oz Kg Oz East Bain* 20,101 21.21 426.37 13,708 1,158 68.57 79.38 2,552 Taurus** - - - 33,055,000 0.99 32,829.72 1,055,500 Total 20,101 21.21 426.37 13,708 35,701,276 1.00 32,909.10 1,058,052

15. Cassiar Gold Camp 2008 Progress & Q1 – Q4 2009 Development Plan Sept Table Mountain Access / Surveying / UG Rehab. 2008 2009 Oct Nov Dec Q3 Q1 Q2 Resource Modeling Diamond Drilling Taurus Resource Modeling / Expansion Minesite Camp / Site Prep / Equip. / Misc. Mill Rehab./Maintenance/Prep. Eng./Mine Planning/Development GIS Data Compilation Q4 Metallurgical Study Bulk Sample Diamond Drilling Infrastructure Resource Development Bain