1

November 2012

Going for Gold

2 November 2012

Disclaimer

This document may contain statements that constitute “forward-looking statements”, including, but not limited to, statements

relating to the implementation of strategic initiatives, and other statements relating to our future business development and

economic performance. While these forward-looking statements represent our judgments and future expectations

concerning the development of our business, a number of risks, uncertainties and other statutory requirements may render

actual developments and results to differ materially from our expectations. These factors include, but are not limited to, (1)

general market, macro-economic, governmental and regulatory trends, (2) movements in local and international securities

markets, currency exchange rates and interest rates, (3) competitive pressures, (4) technology developments, (5) changes in

the financial position or creditworthiness of our customers, obligors and counterparts, and changes in the developments in

the markets in which they operate, (6) legislative developments, (7) management changes and changes to our business

group structure and (8) other key factors that may adversely affect our business and financial model.

We are not under any obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking

statements whether as a result of new information, future events or otherwise. The technical and financial information

presented are best estimates of management and are not JORC, SAMREC or NI43-101 compliant unless otherwise stated.

Investors are cautioned not to place undue reliance on this information and not rely solely on the information presented for

purposes of making investment decisions. This material may not be reproduced, distributed or transmitted to any other

person or incorporated in any way into another document or other material without the prior written consent of LionGold.

3 November 2012

LionGold Corporation Ltd

Asia’s Own Global Gold Company

Source: ShareInvestor 15 November 2012

Share price: S$1.06

52wk high/low: S$0.83/1.300

Shares in issue: 915.5m

Bloomberg ticker: LIGO SP

Market Value: S$974m / US$796m

Average Daily Trading Value: S$20-25m / US$16-20m

• MSCI Small Cap, Global + Singapore

• FTSE ST Small Cap - Reserve list for Mid-Cap

• Supportive of global listings

• New focus on resource stocks

• Active, diversifying investor base

Mid-Cap

Liquid

Index

Inclusion

SGX-listed

SGX’s only Main Board-listed gold company

Gold

Investment

Prioritising

Business

Index

Inclusion

Key

Acquisitions

New Inst’l

Shareholders

4 November 2012

LionGold Corp - Going for Gold

Dynamic, Expanding Business • Gold mining focus, from 2011

• Initial growth acquisition-led

- Further 4 - 6 under review

SGX Fund-Raising Advantage

• Supportive bourse

- Most liquid ASEAN market

- Attracts foreign listings

- Focus on mining companies

• Singapore benefits

- Global/regional investment hub

- Building up gold activities

• Premium pricing - Listed gold companies – only 2

Ability to acquire

scalable junior mining assets

at attractive discounts

LionGold

1

Resources oz

Reserves oz

Production

oz pa2

Current 2,280,000 - 55-65,000

Announced 1,280,000 787,300 -

IN-HAND 3,560,000 787,300 55-65,000

TARGET 2014 10,000,000 2,000,000 120,000

(1) Based on publicly available JORC and NI 43-101 statements Resources stated include Reserves

(2) Annualised target for end 2012

Plus Strategic Investments

Citigold (10%) 11,000,000 620,000 8,000

5 November 2012

Key Mining Assets…Today

Existing project Potential project

AFRICA

• Signature Metals (76%)

Ashanti Gold Belt, Ghana

AUSTRALIA • Castlemaine Goldfields Central Victoria

• Brimstone Resources, Western Australia, Victoria

• Citigold Corp (10%)

AMERICAS • Republic Gold’s Minera Nueva Vista Bolivia (pending)

- 3 Gold Project acquisitions since March 2012 at US$51/oz

6 November 2012

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

-100%

0%

100%

200%

300%

400%

500%

Oct-

02

Oct-

03

Oct-

04

Oct-

05

Oct-

06

Oct-

07

Oct-

08

Oct-

09

Oct-

10

Oct-

11

Oct-

12

Pe

rce

nta

ge

In

cre

as

e

Dow Jones North American Select JuniorGold Total Return Index

Spot Price of Gold

Opportunity: Junior gold miners - Trading at substantial discounts

Cost & time overruns

Discovery + production gaps

Risk adversity: banks and shareholders

Funding

Shortfall

BOOM Rising gold prices

Easy credit

CONSOLIDATE Stagnant gold prices

Credit constrained

Gold Prices vs Junior Miner Index Oct 2002 – Oct 2012

7 November 2012

Acquisition Strategy - Accelerate Value Creation

• EV < US$50 oz

• Investment up to US$100m

• > 1m gold resource oz

• Turnaround: 6-18 months

- Financial relief

- Late-stage exploration thru

early stage production

- Technical support

• Low / no debt

• Willing seller

• Competent management

• Assets vs public companies

LGC ALLURE

• Shares ≈ cash

• SGX-listed

• De-risking of assets

- Geographic

- Funding access

- Lower dilution risk

• Broader opportunities

- With a bigger, global group

PRIORITY SCREENING

Distressed junior miners globally

8 November 2012

Development

End Production

Mining Project Life Cycle

Extension

Valu

e Ris

k

5-10% 10-20%

Targeting the “Sweet Spot” - Assets-in-the-Ground

Indicative Capital Allocation

Maximise Value,

Mitigate Risk Pre-

Feasibility

Exploration

Feasibility Study

Scoping Study

Production

Brownfields

Greenfields

70-85%

9 November 2012

Balancing the Business - Risk Management

Developed Stable business environment

Infrastructure, skilled labour, funding

Can be high-cost

Australia Established global mining industry

Excellent skills-base

Many junior miners

45%

10%

Geographic “De-risking”

Friendly Emerging

Developed

“Challenging”

Ghana

42% Australia

53%

Bolivia 5%

BMT CTO

CGT

Friendly Emerging Bigger opportunities

Lower entry cost

Ghana, Ashanti Gold Belt Stable, foreign-friendly

Established gold industry

Highly prospective, scalable

“Challenging” Cheap

Bolivia Relationships key

10 November 2012

Enhancing the Business - Balance & Prioritise

Balance Mine Profile

Ratio 1:20:100

1m oz pa Production

20m oz Reserves

100m oz Resources

Target 10-year Life of Mine

Operationally Prioritised

Community

Environment, Health, Safety

Education & Training

P r o d u c t i o n E f f i c i e n c y

11 November 2012

Results delivered - Going forward

Core Projects

Signature Metals

Castlemaine Goldfields

Brimstone Resources

Minera Nueva Vista

Acquire

“Gold in the Ground”

Fortify

the Business

2012 2013 2015

Divest

Non-Core Assets

Raise production

Increase ozs

Integrate resources

Grow team, alliances

Expanded Funding Options

Dual listing Project IPO

Project financing

Selective

Acquisitions

Asia’s #1

Gold Co

Ongoing CG

Initiatives

Broaden Institutional Shareholder Base

Raise Transparency

Mitigate Shareholder Risk

Strategic Investment Citigold Corp (10%)

Progressing towards

Top 20

Global Gold Co

Missing – production / resources in the ground target/ LB

12 November 2012

Optimise Funding : Projects - Maximise Growth, Protect LGC Shareholders + Balance Sheet

LGC Market cap

~ US$780m

Grow • Bankable assets

• Gold production

• Fee income

Execution of 100 day &

2 year business plans

Fund • Project financing

• IPO

• Structured options

Mitigate shareholder dilution,

protect LGC’s balance sheet

Invest

Undervalued gold interests

• List cos

• Privately-held

• Assets

Up to 20% of share capital

per annum

Project

Development

Strategy

Self-fund

Grow market cap

13 November 2012

Shareholding Structure - Local HNW + Retail, Growing Institutional

Asian Institutional Investors

- Pension, mutual, sovereign

• Dedicated Singapore, Malaysia, ASEAN + commodity-focused funds

• Limited choice of investable commodity stocks, in SE Asia and/or

offering gold exposure

Global Institutional Investors

- Boutique, PE

• Diminished selection of mid-cap gold companies

• Few Asian-listed options

Retail Investors

- Singapore, Malaysia, HK/China

• Gold Bugs, news flow sensitive

• Limited investment options vs US, UK, Australia, Canada

• PE vehicles: only available to HNW investors

Broadening Investor Base

Asiasons Capital Ltd (SGX-listed private equity group; early investor)

Dato’ Md Wira Dani Bin Abdul Daim (Non-Executive Director)

9.0%

6.4%

Van Eck: Market Vector Junior Gold Miners ETF

5.8%

Nomura International

4.3%

Macquarie Bank

5.2%

Tan Sri Dato’ Nik Ibrahim Kamil (Executive Chairman & Group CEO)

4.4%

2012

Additions

14 November 2012

Healthy Balance Sheet - As at 30 September 2012

Assets

Current assets

Non-current assets

Total Assets

Current liabilities

Non-current

Total Liabilities

NET ASSETS

S$m

143.8

159.4

303.2

65.3

50.5

115.8

187.4

Convertible Bond – US$23m

• 9% coupon, due 2015

• Placed with institutional investors

• Convertible into 24.8m new LGC shares at S$1.158

Warrants - 1:4 – S$14m • Up to 224m warrants

• Issue price of 6.5¢, strike price of 110% VWAP

• 1:1 exchange into new LionGold shares

• Valid for 3 years from issue, SGX-listed

• Raise up to S$14.3m + ~S$300m

Placement – S$44m • 42m new shares at S$1.056 each

+ 42m detachable warrants at 6.5¢

• New shares to rank pari passu with existing shares

• Raise up to S$47m + ~S$40m Oct

2012

S

ep

2012

M

ay

2012

Non-core assets divestment to raise a further S$22m over next 6mos

15 November 2012

Group Structure

Tan Sri Dato Nik Ibrahim Kamil – Executive Chairman, CEO

Dato’ Md Wira Dani Bin Abdul Daim – Non-Executive Director

Raymond Tan Soo Khoon – Non-Executive Director

– Company Secretary

Roland Selvanayagam – Independent Non-Executive Director

Dr Denis Clarke – Non-Executive, Independent Director

Gary Scanlan – Non-Executive, Independent Director

Lynne Ng Su Ling – Non-Executive, Independent Director

Bernard Soo Pyuong Yii – Non-Executive, Independent Director

LionGold Corp Ltd

Signature Metals

76%

Strategic

Investments

Castlemaine Goldfields

100%

Brimstone Resources

100%

10% Citigold Corp

Operations

Board of Directors

Raymond Tan Soo Khoon – Chairman

Adrian di Carlo – Company Secretary

Roland Selvanayagam – Non-Executive Director

Dr Denis Clarke – Non-Executive Director

Peter Chen –Executive Director

Gary Scanlan – Non-Executive Chairman

Matthew Gill – Managing Director, CEO

Peter Lester – Non-Executive Director

Ray Muskett – Director

Greg Lee – Director, Founder

Joe Graziano – Company Secretary, CFO

John Foley – Non-Executive Chairman

Mark Lynch – Managing Director, CEO

Dr Brian White –Executive Director

Kim Koh – Non-Executive Director

Gunjan Goel – Non-Executive Director

22 Directors Group-wide

16 November 2012

Key Corporate Leadership Team - Gold Mining Division, Management

TAN SRI DATO NIK IBRAHIM KAMIL Executive Chairman & Group CEO – LionGold Corp

Successful Malaysian entrepreneur with over 45 years of managerial and business experience across a wide

spectrum of industries, including mining, petroleum, media and banking.

MATTHEW GILL Group Chief Operating Officer – LionGold Corp

CEO & MD – Castlemaine Goldfields

Mining engineer with over 30 years experience in all aspects of exploration, mine development, commissioning

and operation. He has worked throughout Australia as well as Papua New Guinea and India. A three-time winner

of the Australian Mining Manager of the Year Award, Mr Gill’s strong technical and management background is

well-recognised. He was responsible for the turnaround of Castlemaine’s Ballarat Mine and the Beaconville Mine

in Tasmania.

PETER CHEN Director, Corporate & Business Development – LionGold Corp

Director – Signature Metals

Over 17 years of experience as a corporate lawyer. He has been actively involved in the acquisition and setting up of iron

ore and gold mining operations around the world, from Mali to Mongolia.

17 November 2012

Key Corporate Leadership Team - Gold Mining Division, Directors

RAYMOND TAN Non-Executive Director , Company Secretary – LionGold Corp

Chairman – Signature Metals

Currently a senior partner and head of the corporate and commercial department of Robert Wang & Woo LLP with

extensive experience acting for public listed companies in their corporate and corporate finance activities.

DR DENIS CLARKE Independent Non-Executive Director, Technical Committee Member – LionGold Corp

Independent Non-Executive Director – Signature Metals

Over 40 years of experience in senior technical, financial and management roles in the mining industry globally, including

positions with Rio Tinto and Plutonic Resources. He has a Ph.D. in Geology from Stanford University.

Dr Clarke is currently a non-Executive Chairman of both Hill End Gold Ltd and Cullen Resources Ltd in Australia.

GARY SCANLAN Independent Non-Executive Director, Technical Committee Member – LionGold Corp

Non-Executive Chairman – Castlemaine Goldfields

Strong mining finance and accounting background, having worked with Price Water House for ten years. This was

followed by more than two decades of direct experience in the evaluation, development, financing and administration of

mining projects worldwide. He is also a Non-Executive Director of Red 5 Ltd, the latter being an ASX-listed company with

gold mining interests in the Philippines.

18 November 2012

On track for 2014 target

Project 1

Resources (oz)

Reserves (oz)

Production Target end 2012

(oz annualised)

Completed acquisitions 2,280,000 55-65,000

Signature Metals 1,470,000 - 15,000

Brimstone Resources 52,300 -

Castlemaine Goldfields 757,700 40-50,000

Announced, pending completion 1,280,000 787,300

Minera Nueva Vista 1,280,000 787,300 -

TOTAL IN-HAND 3,560,000 787,300 55-65,000

TARGET 2014 10,000,000 2,000,000 120,000

Strategic Investment

Citigold Corporation 2 (10%) 11,000,000 620,000 8,000

(1) Figures are extracts from previous JORC-compliant announcements Resources stated include Reserves

(2) Resource and Reserves have not been independently verified by LionGold Corp

19 November 2012

Flagship Owere Mine (70% owned) has

the Konongo Gold Project, Ghana

192 km2 concession in Ashanti Gold Belt

- 16 known gold deposits, 12 km strike

- 40 km along strike from Ashanti AngloGold’s 300,000 oz pa, 29m ounce Obuasi mine

Mining 1,000 oz per month

- Up from 500 oz pre-acquisition

- Progressed from production from tailings to open pit oxide ore

Substantial untapped high-grade UG potential

Signature Metals Limited 1 - World class mine in the making

(1) ASX-listed, 76.22% owned by LionGold from 28 March 2012

(2) Refer to www.signaturemetals.com.au for full JORC-compliant statements

Resources12 Gold (oz)

Tonnage (tonnes)

Grade (g/t)

Konongo

Gold

Project

Measured & Indicated 779,600 13,100,000 1.9

Inferred 687,100 10,500,000 2.0

Total 1,466,700 23,600,000 2.0

20 November 2012

Castlemaine Goldfields Ltd 1

- High grade nuggety ore

Excellent facilities in established gold region, Central Victoria, Australia

Five concessions in total with JORC Resources

in Ballarat (producing) and Castlemaine

Ballarat Mine production at 40-50,000 oz pa - Ramp up initiated Sept 2011

- Further reduction in costs and improvement in gold recovery over the next 6-9 months

Life of mine + production enhancement through ongoing exploration

(1) ASX-listed, 100% owned by LionGold as at 30 September 2012

(2) All Resources are Inferred. Refer to www.cgt.net.au for full JORC-compliant statements

Resource 2 Gold (oz)

Tonnage (tonnes)

Grade (g/t)

Ballarat 71,700 263,000 8.5

Castlemaine 686,000 2,760,000 7.7

Total 757,700 3,023,000 7.9

Figures indicate historical gold production at Castlemaine’s 5 tenements

21 November 2012

Brimstone Resources Limited 1

- Early to open pit production

(1) Australian public company 100% owned by LionGold as at 30 September 2012

(2) Refer to www.brimstoneresources.com.au for JORC-compliant statements

Prospective tenements in Western Australia

and near Castlemaine in Victoria

Penny’s Find Project (aka “Golden Feather”)

- Near mining town of Kalgoorlie

- 36 mining leases covering 59 km2

- Resources of 52,300 oz, based on prelim drilling

Scope to initiate open pit operations at

Penny’s Find within 12 months.

- Contract mining initially

- Third party processing of ore concentrate

Stawell East, Central Victoria

- Within proximity to Castlemaine’s processing facility

at Ballarat

Penny’s Find Project

Stawell East

Penny’s Find

Resources12 Gold (oz)

Tonnage (tonnes)

Grade (g/t)

Penny’s Find

Measured 11,200 79,000 4.4

Indicated 16,900 132,000 4.0

Inferred 24,200 103,000 7.3

Total 52,300 314,000 5.2

22 November 2012

Citigold Corp Ltd1 - Strategic 10% Investment

Charters Towers Project

Charters Towers tenements near

Townsville, Queensland

“Australia’s highest grade gold field” - 56 mineral holdings spanning >1,500 km2

- Significant Life of Mine potential, >10 years

Ore processing capacity of 340,000 tonnes

Ripe for review, revamp

(1) ASX-listed, 10% owned by LionGold, announced 28 June 2012

(2) Refer to www.citigold.com for JORC-compliant statements.

Indicated Resources includes Probable Reserves, and Inferred Resources includes Indicated Resources.

Figures not independently verified by LionGold Corp.

Category 2 Gold (oz)

Tonnage (tonnes)

Grade (g/t)

Charters

Towers

Reserves

Probable 620,000 2,500,000 7.7

Resources

Indicated 780,000 3,200,000 7.6

Inferred 11,000,000 25,000,000 14

Charters Towers

23 November 2012

Republic Gold 1 Proposal to Buy Minera Nueva Vista

Amayapampa Project

Amayapampa Gold Project, Bolivia

Resources (including Reserves) of 1.28m oz.

- NI 43-101 compliant

MNV owns the rights to 38 overlapping

concessions totaling 34 km2, located 283km

southeast of La Paz.

An initial study established the commercial

potential of a 80,000 oz pa mine. Merits of a

smaller, open pit facility with a lower initial capital

cost is being considered.

(1) ASX-listed, acquisition pending due diligence

(2) Mineral Resource is inclusive of Ore Reserves. Refer to www.republicgold.com for NI 43-101-compliant statements

Category 2 Gold (oz)

Tonnage (tonnes)

Grade (g/t)

Amayapampa

Reserves

Probable 787,300 18,900,000 1.3

Resources

Indicated 979,637 26,160,000 1.2

Inferred 300,363 8,750,000 1.1

Total Resources 1,280,000 34,910,000 1.2

24 November 2012

LionGold Corp Ltd 59 Mohamed Sultan Road

Sultan Link 02-08

Singapore 238999

T: +65 6690 6860

F: +65 6690 6844 www.liongoldcorp.com

Thank you

w w w . l i o n g o l d c o r p . c o m