1. Accelerating Our Growth and Exploration
TSX: CRK
OTCQX: CROCF APRIL 2012
FRANKFURT: XGC

2. Forward Looking Information
TSX:CRK OTCQX: CROCF
This presentation contains forward-looking information under Canadian securities legislation. Forward-looking information includes, but are not limited to, statements with respect to the
development potential and timetable of the projects; successful completion of the acquisition from AuRico, including receipt of all regulatory approvals and the ability to realize the benefits of
the acquisition; the Company’s ability to raise additional funds as necessary or on commercially reasonable terms; the future price of gold; the estimation of mineral resources; conclusions of
economic evaluation (including scoping studies); the realization of mineral resource estimates; the timing and amount of estimated future production, development and exploration; costs of
future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and
environmental risks. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, 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”. Forward-looking information is based on the opinions and estimates of management as of the
date such statements are made. Estimates regarding the anticipated timing, amount and cost of mining at the projects are based on assumptions underlying mineral resource estimates and
the realization of such estimates; results of previous mining activities at the projects, and detailed research and analysis completed by independent of the Company; research and estimates
regarding the timing of delivery for long-lead items; knowledge regarding the factors consultants and management involved in building a mine and other factors described in the technical
reports and Annual Information Form filed under the profile of the Company on SEDAR. Capital and operating cost estimates are based on results of previous mining activities, research of the
Company and independent consultants, recent estimates of construction and mining costs and other factors that are set out in the scoping study. Production estimates are based on mine
plans and production schedules, which have been developed by the Company’s personnel and independent consultants. Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by
such forward-looking information, including but not limited to risks related to: timing and availability of external financing on acceptable terms; unexpected events and delays during
construction, expansion and start-up; variations in ore grade and recovery rates; receipt and revocation of government approvals; actual results of exploration and mining activities; changes
in project parameters as plans continue to be refined; future prices of gold; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the
mining industry. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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 information. The Company
does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Investors are advised that National Instrument NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral resources be reported
separately. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the uncertainty of measured, indicated or inferred mineral resources, these
mineral resources may never be upgraded to proven and probable mineral reserves.
Certain information contained herein may be considered to be future-oriented financial information, which was designed and approved by management of Crocodile Gold for the purposes of
assessing the value of the acquisition. Readers are cautioned that such information may not be appropriate for their use, and readers should consult their financial advisors as appropriate.
David Keough F.AusIMM of Crocodile Gold is a “qualified person” as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data
included in this press release.
Non-GAAP Measures
Crocodile Gold believes that investors use certain indicators to assess gold mining companies. The indicators are intended to provide additional information and should not be considered in
isolation or as a substitute for measures of performance in accordance with the International Financial Reporting Standards.
“Cash Cost per Ounce” is a non-GAAP performance measure which could provide an indication of the mining and processing efficiency at the operations. It is determined by dividing the
operating expenses, excluding stock-based compensation allocated to the operating expense and next of silver revenue, by the number of ounces of gold sold. There are variations in the
method of computation of ‘cash cost per ounce” as determined by the Company compared with other mining companies. For more detail on Cash Cost per Ounce determination for Corocidle
gold, please visit www.sedar.com or www.crocgold.com and review the latest Annual Financial Statements issued on March 19, 2012.
Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated or Inferred Resources
The information presented uses the terms “measured”, “indicated” and “inferred” mineral resources. United States investors are advised that while such terms are recognized and required by
Canadian regulations, the United States Securities and Exchange Commission does not recognize these terms. “Inferred mineral resources” have a great amount of uncertainty as to their
existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian
rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of
measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral
resource exists, or is economically or legally mineable.
2

3. Investment Advantage
TSX:CRK OTCQX: CROCF
Assets
 Australian-based production and exploration
 3.1 million ounces M&I and 2.14 million ounces inferred resources
 Over 3,300 sq. km land package with proven historical production
 Significant infrastructure and accessibility
Production
 2.4 million tonnes per annum processing facility
 Expanding production profile with decreasing cash costs
 Significant transformational acquisition expected to be finalized mid spring
 New projects being added to the production pipeline
Exploration
 Outstanding potential to discover additional resources
 Extensive exploration project and development pipeline
 Exploration strength with potential for further joint venture opportunities
3

4. Our Assets
Northern Territory TSX:CRK OTCQX: CROCF
Location
 Total Surface area: 3,300km2
 Northern Territory Historical
Gold Production: 14.9 million
oz. (3 million oz. from
Crocodile Gold tenements)
Infrastructure
 Existing infrastructure with
replacement value of $200M
 Adjacent to major highway
and utilities (natural gas and
power lines)
 Road, rail and deep sea port
in close proximity
4

5. Our Assets
Northern Territory TSX:CRK OTCQX: CROCF
Asset Project Status
Rising Tide Production (Dry Season)
Pre-Production
Cosmo
(Production Summer 2012)
West Howley Production
Burnside
North Point Production (Dry Season)
Princess Louise Production (Dry Season)
Western Arm/
Exploration
Bridge Creek
Prospect Advanced Exploration
Union Reefs
Crosscourse Advanced Exploration
Pine Creek International Pre-Production (permitting)
Indicates the Project is
Maud Creek Main Zone Advanced Exploration a Priority for 2012
Moline Hercules/School/Moline Exploration
5

6. Fosterville & Stawell
Acquisition Summary TSX:CRK OTCQX: CROCF
 Announced on March 27th with AuRico Gold. Scheduled closing on or around
May 1st
 Transaction will be financed with a $80 million credit facility (approval
pending)
 Acquisition Terms
 $70 million cash at closing
 20 million shares of Crocodile Gold issued to AuRico Gold (Six Month Lockup)
 $25 million in deferred payments
– Year 1: $10 million; Year 2: $10 million; Year 3: $5 million
– Payments conditional to gold being greater than or equal to AUD$1,500 per ounce
6

7. Fosterville & Stawell
Key Benefits TSX:CRK OTCQX: CROCF
2012 2013
Creates a Mid-Tier, Australian-Focused Producer
310
 Ability to produce 220,000 – 250,000 oz in 2012 and
260
260,000 – 310,000 oz in 2013 250
 Additional mines de-risk “single asset risk” Production (000’s oz) 220
 Crocodile Gold will be considered potential long-term
and sustainable 300,000 ounce/year producer
Financially Attractive to Shareholders
1100
 Will be consummated with minimal shares issued
1000 1000
 Changes the Cash Flow Strength of Crocodile Gold Cash Costs (A$/oz) 900
 Crocodile Gold’s cash flow profile and strengthened
liquidity position allows for flexibility--Two years of
cumulative EBITDA of $265-365 million is greater than
the pro forma enterprise value of the company 215
Numerous Potential Synergies and Cost Saving 150 155
Opportunities
EBITDA (A$MM) 110
 Financial, Commercial and Technical Benefits
7

8. Fosterville & Stawell
Key Benefits TSX:CRK OTCQX: CROCF
Significant Management/Operation Team Synergies
 Combination of 3 seasoned team with a wealth of experience
 Creation of a shared services group of experts providing support to the operations
Furthers Crocodile Gold Strategy to Act as a Consolidator in Australia
 Numerous additional opportunities to add producing assets in Australia accretivly
 Benefits of increased scale furthers synergies both in operations and in cost of capital (stock re-rating
as company grows)
 Significant free cash flow generation could allow Crocodile Gold to grow without large issuances of
stock
Next Steps
 Seek To Close Transaction on May 1st Including Debt Facility with Credit Suisse
 Roll-out of Integration Plan which includes:
– Combined team to lead review process
– Main objective is to create a platform for growth through a disciplined approach
– Prioritization of value creation activities and projects
– Create an exploration strategy that supports the above
8

9. Production
2012 Forecast TSX:CRK OTCQX: CROCF
2012 Key Catalysts
 Production from Cosmo
– Initiate ramp-up in Q1 of 2012
– On target to produce 50-60,000
ounces in 2012
– Full production rate of 800,000
TPA ore
 Acquisition of AuRico Gold Australian
assets—Fosterville and Stawell mines
in Victoria.
2012 Guidance 2012 Production Sources 2012 Major Capital Investments
Pre- Cosmo Infrastructure
75,000 – 85,000 Cosmo, Burnside
Acquisition Ounces Union Reefs Mill Improvements
Same as above plus
Post-
220,000 – 250,000 Cosmo, Burnside, Fosterville & Stawell
Acquisition Ounces Fosterville, Stawell Underground Development
9

10. Production – Permitting
Pine Creek – International Pit TSX:CRK OTCQX: CROCF
Historic Production
 745,000t @ 1.6g/t Au for 31,000 oz
 Oxide material previously mined
South Gandy’s
 Pit backfilled when mining ceased in 1995
Production Plan
 1.4Mt @ 1.3gpt for 47,000 oz
 Stripping ratio: 3.5 to 1
 3 years of operation – Start-up to completion
Key Milestones
 Notice of Intent Submission: Initial April 2011 &
revised December 2011
 Interactions with Regulators & Stakeholders are on-
going
 Awaiting decision by NRETAS & DoR
10

11. Production
Qualitative Cost Comparison TSX:CRK OTCQX: CROCF
Burnside Pine Creek Union Reefs
Cosmo Underground
Open Pits Open Pits Underground
Low Mining Cost per Tonne High Low Higher
High Strip Ratio N/A Average N/A
Average Mining Cost per Tonne Milled High Average Higher
Average Processing Cost Average Average Average
High Ore Haulage High Low Very Low
Average Site General & Administration Average Average Average
Low Total $/Tonne Milled High Low High
Low (1.5) Ore Grade g/t Au High (4.5) Average (2.0) High (5 to 6)
High (93%) Recovery High (92%) Average to High (90%) High (92%)
High Cost per Ounce Low Average Low
Open Pit Mines Cosmo Underground Mine Pine Creek/Union Reefs
 Provide margin (>US$200) to  Provides leverage of additional high-  Pine Creek Open Pits (International)
current gold price grade ore leading to significantly lower – Proximity to processing facilities means less
 Lower grade leads to higher cash costs/oz. transport costs
cash cost  Will eventually make up 40% of mill  Union Reefs Deposits (Prospect/Crosscourse)
feed (50% of ounces) which will: – High-Grade targets show excellent potential to
– Lower overall costs deliver low cost ounces to the production profile
Note: This chart is for comparison purposes – Improve overall production  Need to expand resources and complete detailed mining
only. Actual figures may be different from the
ones posted here.  Potential for expansion at depth and on studies before deposits can be included in any future
West Lodes production forecasts
11

12. Exploration
TSX:CRK OTCQX: CROCF
Strategy
 Growth through greenfields and brownfields exploration
Exploration Goals
 Reserves: Increase reserves from 650,000 oz to 1M oz.
 Resources: Increase mineral resources from 5M oz to 6M
oz
 Discover “new” precious metal deposits
 Continue to assess the Company’s 3,300 sq.km land
position
2012 Objectives
 Union Reefs: Complete 10,000m drilling, mineral resource
statement for scoping study to establish an exploration
decline.
 Maud Creek: Update mineral esource statement & update
scoping study in order to take decision on Pre-feasibility.
 Assessment of information collected in 2011 for
identification of next opportunities
12

13. Exploration - Union Reefs
Underground Deposits TSX:CRK OTCQX: CROCF
Historical Production
 800,000 oz Au
 Ore successfully treated at the Union Reefs mill
 Located within 1,000m from existing infrastructure
2011 Key Exploration results*
 Prospect: 4.23m@27.0g/t Au, 4.5m @7.1 g/t Au
 Crosscourse: 181.2m@1.81g/t Au, 12.3m @8.9g/t Au
2012 Key Milestones
 Completion of 10,000m drilling program – April 2012
 Update of resources model & desktop study – May 2012
 Board decision on Phase II – Underground exploration
decline – July 2012
*Refer to previous press releases dated October 13, 2011 and January 20,2012 for detailed
results 13

14. Exploration - Maud Creek
Surface/Underground deposit TSX:CRK OTCQX: CROCF
Historical Production Future Development
 173,600t @3.32g/t Au for 18,500oz  Open pit followed by underground operation
 Mineral Resource:  Partially refractory – metallurgical testing
 Indicated - 9,288,000t @ 3.1g/t Au for 935,000oz indicates 90-95% recovery by flotation with
 Greater than 4.5g/t Au – 3.1 Mt @ 6.3 g/t for 628,000oz
concentrates grading 3-6 opt.
 Inferred Mineral Resources - 1,072,000t @2.4g/t Au for 82,000oz  Near the town of Katherine – 8km haul road to
(using a 1.0g/t Au cut-off) paved highway
2011 Work Completed  Significantly expanded land position, more
than 600 sq. km2
 3,461m of drilling
 Internal scoping study
2012 Key Milestones
 Compilation of drilling results – March 31, 2012
 Update of mineral resources model & scoping study –
June 30 2012
 Board decision on Phase II – 10,000m of drilling with
associated metallurgical testing
 Board decision on Phase III – Initiate pre-feasibility
study – Q4 2012 14

15. Our Growth Strategy
TSX:CRK OTCQX: CROCF
Short Term – Focus on higher quality ore
– Commissioning and Ramp-up of Cosmo underground mine
– Optimization of the Burnside area
– New production from the Pine Creek and Union Reefs areas
Medium Term – Maximize value of gold assets
– Increase production from higher grade deposits
– Consolidation of assets
– Continued investment in exploration on an annual basis
– Selective acquisitions
Long Term – Explore
– Development of Maud Creek Deposit
– Generate value out of the base metal deposits
15

16. Our Growth Strategy
What could CRK look like? TSX:CRK OTCQX: CROCF
CGC
5 Year Production Profile
300,000
Ounces per year
200,000
100,000
-
2012 2013 2014 2015 2016
Cosmo CRK UR/Pine Creek Maud Creek
Assuming the following:
 Continued production from Cosmo, new production from UR/Pine Creek Surface & UG
 Successful conversion of resources into reserves
 Permitting, construction and operation of Maud Creek by 2016
 Does not include upcoming acquisition of Fosterville & Stawell
16

17. Capital Structure
TSX:CRK OTCQX: CROCF
$1.20
Share Structure (At March 30, 2012) Historical Price
$1.00
Basic: 383,853,963
$0.80
Warrants: 68,234,001 $0.60
Options: 15,863,546 $0.40
Fully Diluted: 468,574,016 $0.20
$0.00
Market Capitalization: $207.3 Million
52 Week Trading Range $0.47 – $1.63
Note: Analyst Coverage:
20,000,000 shares will be issued to AuRico Gold on the closing Cormark Securities  Raymond James
of the Acquisition of the Fosterville and Stawell Mines. This
acquisition is scheduled to close on or about May 1, 2012.
17

18. Management
TSX:CRK OTCQX: CROCF
Chantal Lavoie, P.Eng. President & Chief Executive Officer, Chairman
Mr.Lavoie is a Professional Mining Engineer with extensive experience in mining operations and projects. Mr. Lavoie has spent the last
eight years at De Beers Canada Inc. ("De Beers") where he was responsible for the Canadian operations of De Beers including Snap Lake
and Victor mines, the Gahcho Kue project and was acting CEO of De Beers. Mr. Lavoie has also worked for Barrick Gold Corporation at
Goldstrike in Nevada and Aur Resources Inc. at the former Louvicourt mine.
David Keough, F.AusIMM Chief Operating Officer
David Keough has held several senior leadership positions with companies including Goldcorp (South America), Wheaton River (Asia
Pacific), Minera Alumbrera Ltd. (Argentina) and Placer Dome Inc. (Asia Pacific). David has been involved in the mining industry for more
than 25 years and brings international and Australian experience in mining and exploration, project evaluation, feasibility studies,
construction and project and business development. He has extensive operational experience in both large open pit and underground
precious metal mines.
Steve Woodhead Chief Financial Officer
Mr. Woodhead is a Chartered Accountant (South Africa) with 20 years of experience in the natural resources and public sectors. Stephen
has served in senior financial positions with several public companies, including as Chief Financial Officer of Desert Sun Mining Corp.
until it was acquired by Yamana Gold Inc. in 2006. He currently serves on the Board of Directors of Vaaldiam Mining Inc.
Bill Nielsen, P. Geo Vice President Exploration
Mr. Nielsen is an accredited geologist with over 35 years of worldwide mineral exploration and development experience. Most recently,
he has been working as a senior industry consultant to mining exploration companies working with a variety of commodities in various
countries and geological environments. From 2003 to 2008, Mr. Nielsen was the V.P. Exploration of Nevsun Resources Ltd., where he
played a significant role in the discovery of the Bisha gold-VMS deposit in Eritrea. He has worked with the Forbes & Manhattan Group
since early 2010.
18

19. Board Of Directors
TSX:CRK OTCQX: CROCF
On February 29, 2012 a new Board of Directors was constituted and Chantal Lavoie was appointed as Chairman.
George Faught Lead Director
Mr. Faught is a Chartered Accountant with over 25 years of senior management experience and is currently the Chief Executive Officer of Aberdeen
International Inc. He has served as the Chief Financial Officer of publicly traded companies in the natural resources, financial services and
pharmaceutical industries. Mr. Faught has broad financial management, corporate development and operating experience and from 1999 to 2005
served as the Chief Financial Officer for North American Palladium Ltd., a mid-tier platinum group metal producer. Prior to that, he served as Chief
Financial Officer for Hudson Bay Mining & Smelting Co. Ltd., an integrated base metals producer, and William Resources Inc., an international gold
producer. He also serves as a director of several public companies in the resource sector.
Robert Getz, MBA, Director
Mr. Getz is a managing director and a co-founder of Cornerstone Equity Investors, LLC. Mr. Getz has strong experience in public and private debt and
equity financings and domestic and international mergers and acquisitions. Mr. Getz has served as a director of several public and private metals and
mining companies. He completed a B.A., cum laude, International Relations at Boston University in May 1985, and obtained his MBA, Finance in
February 1990 from The Stern School of Business at New York University.
Kevin Conboy, Director
Mr. Conboy was President and Chief Executive Officer of Acordia, Inc., a subsidiary of Wells Fargo based in Chicago. As well, he served as Chief Executive
Officer for the NIA Group of Paramus, New Jersey. Mr. Conboy posesses a wealth of experience in the financial markets and has considerable exposure
to financial instruments and business transactions. He sits on a number of corporate and charitable boards. Mr. Conboy completed a B.A. from Colorado
State University in 1973.
Peter Tagliamonte, P.Eng., Director
Mr. Tagliamonte is a professional mining engineer and also holds an MBA from the Richard Ivey School of Business, at the University of Western Ontario.
He is currently the President and CEO of Sulliden Gold, the former President and CEO of Central Sun Mining Inc. and former Chief Operating Officer of
Desert Sun Mining Corp. where he was responsible for the development of the Jacobina Mine in Brazil into a 4,200-tonne-per-day mining operation. Mr.
Tagliamonte has over 25 years of progressive managerial experience building and operating mines worldwide, notably in Central and South America. In
2005, he received the Mining Journal's "Mine Manager of the Year" award in recognition for his work in the mining sector.
19

20. Investment Advantage
TSX:CRK OTCQX: CROCF
Assets
 Australian-based production and exploration
 3.1 million ounces M&I and 2.14 million ounces inferred resources
 Over 3,300 sq. km land package with proven historical production
 Significant infrastructure and accessibility
Production
 2.4 million tonnes per annum processing facility
 Expanding production profile with decreasing cash costs
 Significant transformational acquisition expected to be finalized mid spring
 New projects being added to the production pipeline
Exploration
 Outstanding potential to discover additional resources
 Extensive exploration project and development pipeline
 Exploration strength with potential for further joint venture opportunities
20

21. Investor Contact Information
TSX:CRK OTCQX: CROCF
Crocodile Gold Corporation
Chantal Lavoie Investor Relations
President and CEO Rob Hopkins
416-861-2964 416-861-5899
clavoie@crocgold.com info@crocgold.com
TSX: CRK
OTCQX: CROCF www.crocgold.com
FRANKFURT: XGC Find us on
A Member of the Forbes & Manhattan Group of Companies
21

22. TSX:CRK OTCQX: CROCF
Additional Information
22

23. Reserve Summary
December 31, 2010 TSX:CRK OTCQX: CROCF
PROBABLE MINERAL RESERVE
Gold Grade Ounces
Project Deposit Cut-off (g/t) Tonnes
(g/t) Gold
Burnside Brocks Creek 7.1 34,000 8.6 9,300
Cosmo Deeps 3.1 3,100,000 4.2 420,000
Howley 1.0 340,000 1.6 18,000
North Point 1.0 55,000 2.3 4,000
Princess Louise 1.0 200,000 1.5 9,700
Mottrams 1.0 980,000 1.2 39,000
Pine Creek Kohinoor 1.0 290,000 1.9 18,000
Cox 1.0 500,000 1.6 26,000
International 1.0 1,300,000 1.5 65,000
Gandys 1.0 480,000 1.7 26,000
South Enterprise 1.0 420,000 2.0 27,000
TOTAL 7,699,000 2.7 662,000
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability
Gold Price: $US1000/oz
$A:$US 0.91
Note: Mineral Reserves are included in Mineral Resources. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Depleted for mining as at December 31, 2010 and
does not include any depletion for mining since such date.
The Mineral Reserve estimate was reviewed and optimized by Mark Edwards who is a “qualified person” as such term is defined in National Instrument 43-101 and has supervised the preparation of the technical
information and data included in this news release. The mineral resource estimate was generated using the following parameters:
• Models used have been reviewed and optimized by Mark Edwards and Fleur Muller
• Model technique is Ordinary Kriging, Multiple Indicator Kriging or Inverse Distance (review NI43-101 for more details)
• Mineralization wireframes conducted on 0.4-2g/t material with a minimum width of 1-2m depending on deposit and mineralization styles
• High grade top cut used of 2-40g/t depending on statistical review of sample results
• 1m metre samples with core half core or split RC samples used in models
• Samples were generally submitted to NAL and analyzed using 50g fire assay with AAS finish, some samples were submitted to umpire laboratory for QAQC purposes
From the 43-101 report titled REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE NORTHERN TERRITORY GOLD AND BASE METALS PROPERTIES, April 4, 2011. Prepared by
Heath Gerritsen, MAusIMM, Mark Edwards, MAusIMM, and Fleur Meuller MAusIMM
23

24. Resource Summary
December 31, 2010 TSX:CRK OTCQX: CROCF
M+I MINERAL RESOURCE INFERRED MINERAL RESOURCE
Project Tonnes Gold Grade (g/t) Ounces Gold Tonnes Gold Grade (g/t) Ounces Gold
A
Mt Bundy* 20,241,000 1.0 664,800 10,513,000 1.0 350,800
Burnside* 16,553,330 2.4 1,268,500 18,679,800 2.2 1,323,200
Union Reefs 239,000 2.4 18,200 3,740,000 1.7 204,200
Pine Creek 5,528,000 1.6 288,600 2,347,000 2.4 183,200
Maud Creek* 9,288,000 3.1 935,000 1,072,000 2.4 82,000
Total 51,849,330 1.9 3,175,100 36,351,800 1.8 2,143,400
*Includes Underground Resources
A
Crocodile Gold holes 80% interest in the Rustlers Roost deposit which is included in this Project
Please Note: Mineral Resources include Mineral Reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the uncertainty of measured, indicated or
inferred mineral resources, these mineral resources may never be upgraded to proven and probable mineral reserves.
Calculated at a gold price of US$1,000>/oz and exchange rate of $A0.91:US$1.0 ) and contained within optimizing pit shells using current operating costs
From the 43-101 report titled REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE NORTHERN TERRITORY GOLD AND BASE METALS PROPERTIES, April 4, 2011. Prepared by Heath Gerritsen,
MAusIMM, Mark Edwards, MAusIMM, and Fleur Meuller MAusIMM
MINERAL RESOURCE STATEMENT (Other Commodities)
INFERRED MINERAL RESOURCE
Project Deposit Commodity Cut-off Tonnes Grade (ppm) Contained metal
Lead 1.0g/t Au 3,175,000 7,595 53,163,000 pounds
Iron Blow Zinc 1.0g/t Au 3,175,000 32,823 229,750,000 pounds
Burnside
Silver 1.0g/t Au 3,175,000 101 10,200,000 ounces
C
Thunderball Uranium 200ppm 316,800 796 556,000 pounds
C
Crocodile Gold has a 30% free carried interest in this deposit
Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the uncertainty of measured, indicated or inferred mineral resources, these mineral resources may
never be upgraded to proven and probable mineral reserves.
The Inferred Mineral Resource estimate was reviewed and optimized by Mark Edwards who is a “qualified person” as such term is defined in National Instrument 43-101 and has supervised the preparation of
the technical information and data included in this news release. The mineral resource estimate was generated using the following parameters:
• Models used was generated by Odessa (Iron Blow) and SRK Consulting (Thunderball)
• Model technique is Ordinary Kriging and Inverse Distance
• Mineralization wireframes conducted on 0.5g/t material with a minimum width of 2m at Iron Blow
24

25. Burnside – Howley Trend
Development - Cosmo TSX:CRK OTCQX: CROCF
West Lodes – Resources
East Lodes  Significant potential for expansion
 Present development plan limited to
Reserves & Resources near surface portion
 Main focus of initial production  Infrastructure design to handle future
 Expansion potential at depth development
25

26. Fosterville Mine
TSX:CRK OTCQX: CROCF
 Underground gold mine located 20 km east of Bendigo, a
historic gold mining centre located 150 km north of
Melbourne
 Producing since 1992. Currently has a 5-year mine life plan
at 100,000+ oz of Au per year
 Investments in mine development and gold recovery
enhancement has improved the efficiency of the operation
 Achieved production records in back-to-back quarters in
2011
 Q2 production of 29,181 oz Au (at cash costs of
US$787/oz) and Q3 production of 29,954 oz Au Historical Operating Profile
$930
$831
 Exploration commenced in April 2011 $669
$738
$576
$465
 2011 US$3.8MM exploration budget (totaling
103.4
18,000m) focused on conversion and infill drilling 100.4 99.5
85.4
Tonnes Au Grade Au 73.4
Reserves and Resources (MM) (g/t) (MM oz)
67.0
Proven & Probable Reserves 3.1 4.8 0.5
2011 Guidance(1)
M&I Resources (Exclusive of P&P) 9.1 2.3 0.7
Inferred Resources 5.4 3.4 0.6
2006 2007 2008 2009 2010 2011
Total Resources 17.6 3.1 1.7 Production (k oz) Cash Costs (US$/oz)
Source: Provided by AuRico Gold . Figures have not been fully verified by Crocodile Gold . Management has used the midpoint of guidance as the basis for analysis. 26

27. Stawell Mine
TSX:CRK OTCQX: CROCF
 Underground gold mine located alongside the town of
Stawell, northwest of Ballarat in central Victoria and is
approximately 250 km west of Melbourne
 26-year history of mine-life extension
 Produced its two millionth ounce on the property
in March 2010
 Current mine life of 5 years
 Exploration of numerous identified targets located
laterally or adjacent to present underground workings
should add to mine life
Historical Operating Profile
 2011 US$7.7MM exploration budget (totaling 24,000m) $969
$885
focused on previously untested areas
$616
$555
 Follow-up drilling on two new gold discoveries $474 $491
112.1
Tonnes Au Grade Au 105.0 102.7
Reserves and Resources (MM) (g/t) (MM oz) 86.0 83.0
71.5
Proven & Probable Reserves 2.0 3.6 0.2
M&I Resources (Exclusive of P&P) 3.4 2.5 0.3 2011 Guidance(1)
Inferred Resources 0.7 4.9 0.1
Total Resources 6.2 3.1 0.6 2006 2007 2008 2009 2010 2011
Source: Provided by AuRico Gold . Figures have not been fully verified by Crocodile Gold . Management has Production (k oz) Cash Costs (US$/oz)
used the midpoint of guidance as the basis for analysis. 27

28. Production Pipeline
TSX:CRK OTCQX: CROCF
Generative Advanced Development
Production
Exploration Exploration Projects
Greenfields Reserve Extensions  Union Reefs  West Howley
 Burnside  Cosmo Underground  Pine Creek  Rising Tide
 Moline  Yam Creek Trend  Maud Creek  Princess Louise
 Maud Creek  Gandys  Cosmo
Extension Underground
 Base Metal Potential Identified Resources
 Union Reefs
Historical Resources Underground
 Golden Dyke  Bridge Creek, Western
 The Greeks Arm, Bons Rush, Kazi
 Mt Bonnie  Iron Blow
 Moline
28

29. Exploration
Regional Program TSX:CRK OTCQX: CROCF
Airborne Geophysics
 More than 4,000 line km’s completed of AEM and
magnetometer survey
 Geotech VTEM system- state of the art
 Includes Moline and Maud Creek tenements
 Ground follow-up of individual targets underway
Review of historical information
 Major database compilation in progress of all past
work including government files
 Will ultimately be able to access and manipulate
all past geochemical and geophysical surveys.
Tens of thousands of geochemical sample results
available.
 It is anticipated that thousands of past drill holes
with assays and logs will be found and
incorporated into the database
 Acquired high resolution satellite imagery for all
areas
Airborne Geophysical
Survey Areas 29

30. Exploration
Burnside Area TSX:CRK OTCQX: CROCF
Howley Trend:
 a 25 km long structure with
additional deposits of interest
 Includes Cosmo Underground and
Howley Open Pits
Eastern Side
 Similar trend with known deposits
– past production
 Presence of base metal deposits
with significant precious metal
content
 Targets possess similar structure to
Cosmo
30

31. Exploration
Union Reefs/Pine Creek area TSX:CRK OTCQX: CROCF
Potential
 New targets adjacent to Union
Reefs Mill
 Potential for near term, low cost
production
 2011 focus on shallow and near
surface deposits
31

32. Exploration – Strategic Assets
Massive Sulfide Deposits TSX:CRK OTCQX: CROCF
Mount Bonnie Iron Blow
Historic Resource* Historic Production
 650,000t - 1.7g/t Au, 279g/t Ag = Au eq 9.3g/t or  10,000t oxide @ 9g/t Au and 250g/t Ag = Au eq
194,000oz 15.8g
 plus 9% Zn, 2% Pb, 0.5% Cu  25,000t sulphide (supergene) @ 7g/t Au and
360g/t Ag = Au eq 17g
Oxide Cap previously mined
 Total production Au eq = 18,747oz
 110,000t @ 7g/t Au and 230g/t Ag
Current Inferred Resources
 Au eq = 13.3g/t Au or 47,000oz Au
 3,175,000t @ 2.1g/t Au, 101g/t Ag, 3.3% Zn,
Aeromagnetics- tilt derivative
0.76% Pb, 0.19% Cu
 Au eq = 4.85g or 495,000oz
(only Au and Ag considered)
* “Gold Deposits of the Northern Territory” by Ahmad, Wygralak and Ferenczi, 2009. A qualified person as defined by NI 43-101 has not done sufficient work to classify this historical
estimate as current mineral resources or mineral reserves. Crocodile Gold is not treating the historical estimate as current mineral resources or mineral reserves and the historical
estimate should not be relied upon. Crocodile Gold believes with minimal confirmatory drilling this historic resource information could be included in the Mineral Resource inventory.
32