1. December, 2011
THE ATLANTA GOLD MINE, EASTERN NEVADA
Exploring
Nevada s
First
Gold
Porphyry
OTCQX:MAYGF
March 2012
TSX:MAY
2. Forward
Looking
Statement
Statements relating to the estimated or expected future production and operating results and costs and financial condition of Meadow Bay Gold Corporation
(“Meadow Bay” or the “Company”), planned work at the Company’s projects and the expected results of such work and the anticipated use of proceeds of this
offering are forward-looking statements within the meaning of United States and Canadian securities laws. Forward-looking statements are statements that are
not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects,
assumes, potential and similar expressions. Forward-looking statements also include reference to events or conditions that will, would, may, could or should occur.
Information concerning exploration results and mineral reserve and resource estimates may also be deemed to be forward-looking statements, as it constitutes a
prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are necessarily based upon a
number of estimates and assumptions that, while considered reasonable at the time they are made, are inherently subject to a variety of risks and uncertainties
which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: uncertainties
related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from logistical,
technical or other factors; the possibility that results of work will not fulfill projections/expectations and realize the perceived potential of the Company’s projects;
uncertainties involved in the interpretation of drilling results and other tests and the estimation of mineral reserves and resources; risk of accidents, equipment
breakdowns or other unanticipated difficulties or interruptions; the possibility of environmental issues at the Company’s projects; the possibility of cost overruns
or unanticipated expenses in work programs; the need to obtain permits and comply with environmental laws and regulations and other government
requirements; fluctuations in the price of metals and other risks and uncertainties, including those described in the Company’s filings with the Ontario Securities
Commission on SEDAR in Canada (available at www.sedar.com) for the fiscal year ended March 31, 2011.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management or its independent professional consultants on the
date the statements are made. We do not undertake to update these forward-looking statements as a result of new information, future events or otherwise, other
than as requested by applicable law.
Cautionary Note to U.S. Investors - All mineral resources have been estimated in accordance with the definition standards on mineral resources and mineral
reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in National Instrument 43-101, commonly referred to as NI 43-101. U.S.
reporting requirements for disclosure of mineral properties are governed by the United States Securities and Exchange Commission (“SEC”) Industry Guide 7.
Canadian and Guide 7 standards are substantially different.
Note re Historical Resources – all estimates of the quantity, grade, and metal or mineral content which have been made in respect of its Atlanta Gold Mine Project
are historical estimates under National Instrument 43-101 (“NI 43-101”), as such estimates have not been verified as a current mineral resource and were
prepared before the Company acquired the property. The Company confirms that it is not treating such historical estimate as current mineral resources and
readers are cautioned not to rely on historical estimates.
2
3. Key
Personnel
Robert Dinning – CEO is a Chartered Accountant and a lifetime member of the Alberta Institute of Chartered
Accountants.and has been actively involved in the Resource Industry for the past 35 years. Mr. Dinning is also
Chairman of Paramount Gold and Silver Corp, and was formerly CFO of ATAC Resources Ltd from 2008 to 2011.
Mr. Dinning's background includes exploration projects in Canada, USA, South America, Asia and Africa.
Keith Margetson – CFO is a chartered accountant and has been in public accounting for over three decades. He
is a member of the British Columbia Institute of Chartered Accountants and a member of the Illinois CPA Society.
Charles (Bill) Reed – Director of Exploration & Chief Geologist is a professional geologist with 40 years in
the mining business. He was the Chief Geologist and co-founder of Paramount Gold and Silver and is credited
with discovering the San Miguel project in Mexico. Bill was previously the Chief Geologist for Hecla Mining and
worked with Echo Bay and Kennecott prior to that.
Dr. Douglas Oliver – Atlanta Project Manager is a career geologist with 30 years experience in mineral
exploration. He received his Bachelor s degree in Geology from Rutgers University and has an MBA from the
University of Texas at Austin and a PhD in Tectonics from Southern Methodist University. Doug is responsible for
implementing the exploration program at the Atlanta Mine.
Dr. Matt Ball – Geologist is a Qualified Person and a member of the Association of Professional Engineers and
Geoscientists of British Columbia and the Society of Economic Geologists, USA and has 30 years international
experience in exploration and operations geology. He was a semi‐finalist winner of the "Goldcorp Challenge" and
subsequently employed by Goldcorp and the overall winner, Geoinfomatics Explorations Inc.
3
4. Atlanta
Gold
&
Silver
Mine,
Nevada
Carlin-type
Gold Deposits
§ Atlanta is located in northeastern
Lincoln County
§ Area is high desert with warm
summers and cold, dry winters Atlanta
Mine
§ Located 4.5 hours north of Las
Vegas or 5 hours southwest of
Salt Lake City
§ Ely and Pioche, Nevada, are the
closest cities
4
6. Land
Ownership
at
Atlanta
§ Meadow Bay has staked and acquired over 600 claims
within the Atlanta District and in the adjacent Limestone
Hills including the former producing Atlanta Gold Mine
§ At present, Meadow Bay controls the entire Atlanta District
with a total land position exceeding of 12,000 acres.
6
8. SchemaJc
Block
Diagram
of
Atlanta
Geology
Porphyry Discovery
announced
October 13, 2011
Geometry appears
to be
400mx300mx60m
8
9. Gold
MineralizaJon
at
Atlanta
Gold mineralization is primarily hosted in silicified breccias with the
Atlanta Fault
§ The Atlanta Fault zone separates Tertiary volcanic rocks from Paleozoic
sedimentary rocks. It strikes to the north and dips steeply to the west.
§ The ~100 wide breccia zone was repeatedly silicified and re-brecciated
during mineralization.
§ Past mining focused on the shallow and higher-grade portions of the Atlanta
Fault.
§ 1.5 million tons grading 3 g/t Au and 39 g/t Ag were mined. Recovery was
by milling and agitated leach with cyanide.
§ A shallow igneous porphyry intrusive to the southwest of the historic open
pit is a secondary un-mined target.
9
10. Intrusive
Porphyry-‐related
MineralizaJon
§ A previously unrecognized Atlanta Porphyry
intrusive porphyry occurs to the
southwest of the historic Atlanta pit.
§ Gold and silver mineralization is
both thicker and higher in grade
around the margins of the intrusive.
§ Thick intercepts of gold
mineralization have been found
within the porphyry itself.
§ The geometry and extent of the
2.54 g/t Au
intrusive have not yet been
constrained. It is open to the north
and west.
10
11. Atlanta
Drilling
Program
2011 plan concluded with 21 core holes and 18 RC holes for a
total of 30,647 ft. of drillings.
§ Seven twinned core holes drilled in consultation with Gustavson
Associates to evaluate the historic resource.
§ Ongoing in-fill drilling to the north and southwest of the former
mine area to expand the resource base.
§ Step-out drilling further to the north where geophysics predicts the
extension of the Atlanta structure.
§ Drilling of new exploration targets to the west and east in late
2012.
§ Complete assay results expected by April 2012.
11
12. 2011
Drill-‐hole
LocaJons
at
the
Atlanta
Gold
Mine
Project
with
Surface
ProjecJon
of
Cross-‐
SecJons
12
13. 2011
Drilling
Highlights
(Results
as
of
Feb,
2012)
Drill
Hole
Area
Total
Depth
(m)
From
(m)
To
(m)
Width
(m)
Au
g/t
Ag
g/t
DHRC-‐11-‐01C
Atlanta
Pit
123.14
74.68
96.01
21.33
2.00
21.4
DHRC-‐11-‐03C
Jasperoid
Breccia
West
of
Pit
170.99
150.88
170.69
19.81
2.52
52.8
DHRC-‐11-‐04C
Margin
of
Quartz
LaJte
Porphyry
365.76
198.12
260.60
62.48
1.58
2.8
DHRC-‐11-‐04C
Margin
of
Quartz
LaJte
Porphyry
269.75
301.75
32.00
0.79
29.7
DHRC-‐11-‐06C
Quartz
LaJte
Porphyry
317.60
228.60
292.61
64.01
1.11
18.8
DHRC-‐11-‐07C
Jasperoid
Breccia
NW
of
Pit
292.91
202.69
292.91
90.22
0.95
25.4
DHRC-‐11-‐09C
Jasperoid
Breccia
SW
of
Pit
256.49
172.21
188.98
16.77
0.49
16.8
196.60
231.65
35.05
2.86
35.1
DHRC-‐11-‐10C
Jasperoid
Breccia
South
of
Pit
160.93
76.20
114,30
38.10
1.80
24.0
DHRC-‐11-‐11C
Quartz
LaJte
Porphyry
447.45
266.70
301.75
35.05
0.18
52.9
324.61
350.52
25.91
0.74
2.8
411.48
437.39
25.91
1.92
21.6
DHRC-‐11-‐10R
Jasperoid
Breccia
South
of
Pit
144.78
108.23
129.57
21.34
1.75
11.4
DHRC-‐11-‐N02
Jasperoid
Breccia
NW
of
Pit
339.85
208.84
314.02
105.18
2.00
13.5
DHRC-‐11-‐N03
Quartz
LaJte
Porphyry
377.95
263.72
321.65
57.93
3.83
21.1
DHRC-‐11-‐N05
Quartz
LaJte
Porphyry
396.24
312.50
371.95
59.45
1.66
9.7
13
16. Reconnaissance
ExploraJon
Targets
Exploration adjacent to the Atlanta Mine has discovered new target areas
§ Western Knolls / PEG – Large areas of silicified volcanic rocks occurs to the
west of the Atlanta Mine.
§ Initial rock-chip samples contained anomalous gold and pathfinder elements
§ Target area was acquired by staking
§ Current exploration includes geologic mapping, soil sampling and geophysics
§ Limestone Hills – An area of altered sedimentary rocks in the next range to the
east of the Atlanta Mine
§ Initial exploration revealed favorable alteration and old drill pads
§ Target area was acquired by staking
§ Current exploration includes geologic mapping and geochemical sampling
Drill Targetting areas in 2012
16
17. Plans
for
Moving
Forward
Work at the Atlanta Project is structured to efficiently move the
project toward eventual production
§ Geophysics – IP survey over Atlanta Porphyry and Western Knolls
§ Definition Drilling – In-fill drilling on the Atlanta Porphyry
§ Metallurgy – Initial ore characterization by Kappes, Cassiday & Assoc.
§ GIS Database – Continued expansion of data base in conjunction with
Sunrise Engineering (on–going)
§ Metallurgy – Initial ore characterization by Kappes, Cassiday & Assoc.
§ Exploration Drilling – Initial testing of new targets along the Atlanta Fault
and in the Western Knolls
§ Resource Estimate – Creation of new NI 43-101 compliant resource
estimate in conjunction with Gustavson Associates
17
18. Atlanta
Gold-‐Silver
Mine
Summary
§ Land position to in excess of 12,000 acres creating a district
§ Porphyry-hosted gold discovery announced in October 2011.
§ Past open pit production – 110,000 oz gold, 800,000 oz silver from 1.5
million tons.
§ Significant historic resource within existing pit area consisting of
338,520 indicated and 125,959 inferred ozs gold, respectively, plus
silver credit drilled by Kinross in 1990’s.
§ Offers excellent resource expansion potential
§ No environmental or cultural restrictions on open pit mining – existing
infrastructure includes 3-phase electricity to the mine, roads and
abundant water
18
19. Capital
Structure
Post Acquisition and Initial Offering:
Common Shares Issued 43,993,994
Warrants @ $1.00 929,213
Recent Price $1.48*
Market Cap $ 65 Million
MAY trades on TSX and OTC-QX ($US)
* As of Feb. 29, 2012.
19
20. Contact
InformaJon
Meadow Bay Gold Corporation
Robert Dinning, Chairman & CEO
300 – 905 West Pender Street
Vancouver BC Canada V6C 1L6
Tel +1-604-641-4450
Fax +1-855-557-462
Danny Gravelle
Investor Relations
1-949-481-5396
Email: info@meadowbaygold.com
20
21. Appendix
Supplemental Information on
the Atlanta Project
21
22. History of Gold Exploration at Atlanta
§ Gold was discovered in the Atlanta Mining District in the 1860s.
Intermittent exploration is conducted over the next 100 years.
§ Standard Slag / Bobcat JV puts Atlanta in production from 1975 to 1985.
The 800 tpd mill produced 110,000 ounces of gold and 800,000 ounces
of silver from 1.5 million tons of ore
§ Gold Fields Resources options the project from 1990 to 1991. Conducts
geochemical sampling, geophysics and drills 56,021 in 82 core and RC
holes.
§ Kinross Gold options the project from 1997 to 1998. Drills 54,225 in 80
RC holes and conducts a resource estimate.
The historic resource comprises 6.2 million tons indicated grading 0.054 opt Au and
3.0 million tons inferred grading 0.041 opt Au at 0.02 opt cut off grade for 338,520
and 125,959 contained ozs Au, respectively, plus silver credits.
§ Meadow Bay acquires the project in March 2011 - expands claim position
§ Meadow Bay discovers gold porphyry Fall 2011
22
24. Looking
South
at
Main
Deposit
Pit
Wall
Silicified Fault
Breccia
High grade
Overlying
Underlying Volcanics
Dolomite / 60
Limestone
benches
24
25. North
Extension
of
Deposit
Looking
Northeast
Overlying Alluvial Gravels
Hangingwall
Volcanics
Silicified Breccia
(110 thick)
25
26. Atlanta
Infrastructure
Existing infrastructure facilitates both exploration and
eventual production at the Atlanta project
§ County maintained roads link the project with both Ely and Pioche
§ A 15 mile electrical power line is operational to the site. A local substation
provides 3-phase electricity adequate for all needs.
§ A private water well 8.5 miles to the west in Lake Valley delivers water to
the project via a 6 water pipeline. Water rights are adequate to support
eventual production.
§ A telephone land line provides both voice and data to the project site.
§ A 48 X 60 modular building has be purchased to provide crew quarters
during the exploration phase. The building can be re-configured to serve as a
future mine office.
26
