mogul presentation june2712

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Mogul Ventures Corp. Q3, 2012

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Page 1: Mogul presentation june2712

Mogul Ventures Corp. Q3, 2012

Page 2: Mogul presentation june2712

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THE FOLLOWING INFORMATION may contain forward–looking statements. Forward

looking statements address future events and conditions and therefore involve

inherent risks and uncertainties. Actual results may differ materially from those

currently anticipated in such statement. Forward-looking information is subject to

known and unknown risks, uncertainties and other factors that may cause Mogul

Venture Corp’s actual results, level of activity, performance or achievements to be

materially from those expressed or implied by such forward-looking information.

Such factors include, but are not limited to: uncertainties related to the historical

resource estimates, the work expenditure commitments; the ability to raise

sufficient capital to fund future exploration or development programs; changes in

economic condition or financial markets, regulatory, political and competitive

developments; technological or operational difficulties or an inability to obtain

permits required in connection with maintaining, or advancing projects; and labour

relation matters *All historical resource estimates quoted herein date from the 1960s and 1970s and are based on prior

data and reports obtained and prepared by previous operators and information provided by the State, using

a Russian classification system not compatible with 43-101. Insufficient data exists to compare Russian

categories to current C.I.M. categories. Mogul Ventures believes these historical results provide an

indication of the potential of the property and are relevant to ongoing exploration. It should also be noted

that mineral resources which are not mineral reserves do not have demonstrated economic viability as

defined by NI 43-101 guidelines.

www.mogulvc.com

Page 3: Mogul presentation june2712

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COMPANY OVERVIEW

www.mogulvc.com

*Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011

Capital Structure

Shares Outstanding (Aug.31.11)

111,391,517

Pre-IPO Financing (Apr. 2011)

$7,604,363 @

$0.25/share

• The company plans to monetize its coal assets

through conventional open-pit mining as well as

exploring the application of new technologies for

underground coal gasification

• The company leverages world-class management,

technical expertise and in-depth local knowledge

to acquire, explore and develop coal projects in

Mongolia

• Mogul Ventures Corp. focuses on

exploration, development and

production of thermal and coking coal

in Mongolia

• Initial NI 43-101 compliant

Inferred Resources of 89.6

million tons of coal established in

Ovdog Hudag Thermal Coal Deposit

based on 14-drill hole, 2,369 meters

drilling program*

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MOGUL VENTURES TEAM

STEVEN KHAN, MBA, CFA Executive Chairman & Director

• 20 years experience in all aspects of the

investment industry including executive

positions with regional and national full-

service Canadian investment brokerage

houses

• Focused on strategic corporate and business

development as well as resource and venture

capital financing during the last seven years

• Holds Director and Executive Officer roles in

a number of public and private resource

companies

• Successfully completed major corporate

development initiatives both domestically and

internationally including in Japan, Korea and

China

JOHN CARLESSO CEO & Director

• The founder of Cervello Capital Inc., a private

merchant bank based in Toronto; over 16

years of international business experience

• Chairman of Oremex Silver Inc., an

exploration and development company

focused on silver assets in Mexico including

the 50 million oz open pit Tejamen deposit

• Has extensive experience in the junior mining

sector – held the position of Vice President,

Corporate Development at Desert Sun

Mining Corp, a company acquired by Yamana

Gold Inc.

www.mogulvc.com

Page 5: Mogul presentation june2712

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MOGUL VENTURES TEAM

JAMUL JADAMBA President & Director

• Natural resource and mining-focused investment banker with an extensive capital raising background, servicing worldwide companies, especially in Mongolia. Former Director and co-founder of the Metals & Mining Group at Rodman & Renshaw LLC. Native Mongolian with well-established relationships with influential business and government leaders in Mongolia. Extensively writes and speaks on topics of Mongolian economy, development and politics for organizations such as Oxford Analytical, Institutional Investor and Business New Europe.

DAVID A. TERRY, Ph.D., P.Geo. Senior Technical Advisor

• Over 20 years of business experience in the natural resource sector, focused primarily on exploration of precious and base metal deposits in North and South America. Director of and advisor to several publicly-listed mineral exploration companies. Specializes in public company management, strategic planning, finance, advanced project evaluation, identification and acquisition of opportunities, design and implementation of effective and cost-efficient exploration programs.

PUJI JADAMBA Country Manager

• Over 20 years of experience running various businesses in Mongolia including natural resources, real estate, agriculture and import/export. Previously, a key principal at the company that developed the first commercial gold mine in Mongolia. Mr. Puji Jadamba has an extensive Mongolian network of business and government contacts and an unsurpassed ability to execute locally.

www.mogulvc.com

Page 6: Mogul presentation june2712

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MONGOLIA OVERVIEW

• Strategic location

• Next door to the biggest consumer of commodities in the world – China

• Chinese government plans to cap domestic coal output within 3.9Bt by 2016 and is

encouraging companies to explore for coal in Mongolia and other regions(1)

• China’s thermal coal imports could increase to 1Bt in 2030 from 175Mt in 2011,

according to research consultants Wood Mackenzie(2)

• 2012 annualized GDP growth ~15%(3)

• Mining is the most important sector

• Contributes 30% of GDP and 70% of exports(4)

• Favorable political environment

• Mongolian government is focused on long-term development of resource-related

sectors and favorable policies towards business and foreign investments

• Stable business-friendly democracy

• Homogenous country with minimal risk of ethnic or religious conflict

www.mogulvc.com

(1) Pope & Company Morning Notes March 23, 2012, Vol.13, Issue 17; pg.3

(2) Pope & Company Morning Notes March 14, 2012, Vol.13, Issue 10; pg.3

(3) http://www.tradingeconomics.com/mongolia/gdp-growth-annual

(4) the Ministry of Mineral Resources & Energy of Mongolia

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MONGOLIA: MINING INDUSTRY OVERVIEW

• Mining industry size: 30% of GDP (1)

• Market cap. of publicly traded companies

with assets in Mongolia, including non-

Mongolian junior mining companies:

$30B+(2)

• Investment capacity of Mongolia’s mining

industry (5 years): $25 - $30B(3)

• 6,000 known mineral occurrences(4)

• 80+ mineral deposits found recognized

as economic by the Mineral Resources

Authority of Mongolia(5)

• 2011 coal production: 30 Mt(6)

Mongolia is poised to become one of the fastest growing

economies in the world in the next two decades

(1) the Ministry of Mineral Resources & Energy of Mongolia

(2) Bloomberg

(3) How much capex the country can absorb given known development projects. Statement made by the former Prime Minister Bayar

(4 - 5) The World Bank report on “Mongolian Mining Sector: Managing the Future”

(6) National Statistics Bureau

www.mogulvc.com

Page 8: Mogul presentation june2712

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MONGOLIA COAL OVERVIEW

(1 - 2) Renaissance Capital, “Moncoalia”, June 15, 2011

www.mogulvc.com

Mongolia is recognized as the home of some of the world’s

largest natural resource deposits including coal, gold and

copper

• Viewed as Saudi Arabia of coal

• Total minable resources

estimate ~162 billion tons (1)

• Rapid growth potential

• Current production in

excess of 20 million tons

per year (mostly exported

to China)

• Production expected to

reach 60 - 70 million tons

by 2015(2)

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MONGOLIA COAL OVERVIEW

• Main coal formation ages: Carboniferous-Permian, Jurassic, Cretaceous and Tertiary

• Thick coal seams formed in all ages

www.mogulvc.com

• High quality and highly

accessible:

• Generally near surface,

ideal for low cost open

pit mining, dominated by

high-quality low ash, low

sulfur and low

phosphorous coals

• Known geology:

• 12 coal basins, 3 regions

with over 200 deposits of

thermal and metallurgical

grade coal

Page 10: Mogul presentation june2712

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www.mogulvc.com

REGIONAL COAL DEMAND

• China, Mongolia’s southern neighbour,

is the world’s leading consumer of coal

with annual demand of 2 billion tons

• China’s coal demand is expected to

increase: planned power plant

construction in China is heavily

concentrated in the northeast

• Domestic coal demand will increase

significantly as Mongolia plans to

exponentially increase its own power

infrastructure

• Coals of Northern China tend to be of a lower calorific value as compared to those

from the South and middle Gobi basins of Mongolia

• China has a shortage of coking coal

• The Chinese government is focusing on fixed asset investments inland into

Central and Western provinces where Australian and Indonesian coals are not

competitive

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BLACK HILLS PROJECT

www.mogulvc.com

• Mining License covers area of 34,054.69 hectares

• Comprises of the Ovdog Hudag and Ikh Ulaan-Nuur coal deposits

• 100 km southwest from Choir railway station

• 35 Kwatt power line on the property

• Easily accessible all year around

Planned Railways in Mongolia

Page 12: Mogul presentation june2712

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OVDOG HUDAG COAL DEPOSIT

• In 2011, a 14 hole, ~2,370 m core drilling program on 1,000 m

centers confirmed the historical work on the deposit, resulting

in an initial NI 43-101 Resource Estimate by SRK Consulting

• NI 43-101 Report summary results:

• Estimated Inferred Resources of 89.6 Mt (1)

• 8 coal seams recognized – 4 fully mineable, 2 partially

mineable

• Classed as High Vol Bituminous A Thermal Coal

• Average Gross Calorific value – 5,636 to 6,431 kcal/kg (daf)*

• *3,776 to 4,952 kcal/kg on a dry basis; daf = dry ash free

basis

• Average Volatile Matter – 29.9 to 37.9%

• Average Fixed Carbon – 32.3 to 39.5%

• Average Ash – 22 to 33% - washing will reduce

• Average Sulphur - 4.94%; removal of abundant visible pyrite

by washing expected to reduce S levels significantly

• SRK recommended program: infill and expansion drilling

program, process test work, mine design and Preliminary

Economic Assessment

(1) Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011

www.mogulvc.com

Drill rig, 2011

Page 13: Mogul presentation june2712

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IKH ULAAN-NUUR DEPOSIT

• Ovdog Hudag coal deposit historical resources,

based on Russian drilling from the ‘60s and ‘70s,

using a Russian Classification system and based on

>85 drill holes:

• 1968: C1+C2 resources totalling 201.2 Mt*1

• 1970: B+C1+C2 resources totalling 168.2 Mt*1

• Ikh Ulaan-Nuur coal deposit is located 7km NNE of

Ovdog Hudag and was defined by Russian drilling in

the ‘60s and ‘70s

• 1970: A+B+C1+C2 resources totalling 86.4

Mt*1

• Excellent potential for additional coal resources to

be delineated in the undrilled area between Ovdog

Hudag and Ikh Ulaan-Nuur

• Re-drilling of Ikh Ulaan-Nuur will add to NI 43-101

resources

*See Page 2 Note 1 Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011

www.mogulvc.com

Page 14: Mogul presentation june2712

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BLACK HILLS: KEY ADVANTAGES

• Strategic location close to existing rail line (parallel line planned) providing ready access to Chinese markets

• Open pit accessible thermal coal resources with expected low strip ratio

• NI 43-101 compliant Inferred Resource of 89.6 Mt from 2,370m of drilling in 14 holes at Ovdog Hudag deposit

• Excellent potential to significantly expand the projects’ coal resources:

1 Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011

www.mogulvc.com

• Infill and step-out drilling at Ovdog Hudag deposit where substantially larger historical resources were delineated by Russian work in the 1960’s and 1970’s through more detailed drilling

• Ovdog Hudag coal deposit remains open to the north

• Drilling of the Ikh Ulaan-Nuur deposit 7km NNE of Ovdog Hudag (86.4 Mt*1)

• Testing the undrilled area between the two known deposits

• Property has potential for presence of other commodities such as copper and iron

Page 15: Mogul presentation june2712

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GOALS AND OBJECTIVES

• Additional drilling and surface exploration to maximize Black Hills’ full

potential:

• Infill and expansion drilling to expand resources and upgrade

resource category

• Step-out drilling between Ovdog Hudag and Ikh Ulaan-Nuur to

delineate additional resources

• Re-drill Ikh Ulaan-Nuur

• Commence detailed development studies including environmental

baseline, processing, mine design

• Evaluation of potential for other valuable commodities on the

property (Fe, Cu)

• Conduct an economic evaluation

• Develop Black Hills towards production

• Seek strategic partners for funding expansion, off-take, potential

development of a mine-mouth power plant, and application of new

technologies for monetizing deep-in-ground stranded coal

• Acquire additional coal projects focusing on coking coal and thermal

coal in proximity to near-term infrastructure development

Photo: Core being bagged from Drill 2, 2011

www.mogulvc.com

Page 16: Mogul presentation june2712

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TIMELINE

www.mogulvc.com

H1 2011 H2 2011 H1 2012 H2 2012

TRANSACTION

Completed due diligence,

property review, Title Opinion,

private financing, closed TS

LLC purchase, RTO agreement

with TSX listed CPC

Complete audit and prepare

info Circ.

Received approvals and signed

an order for issuance of the

mining license

Complete public RTO, close

Pubco. funding – public listing

EXPLORATION

Complete initial independent

historical review of coal

occurrences

Complete drill program to

confirm coal characteristics

and historical work

Completed NI 43-101 report Implement NI 43-101

recommended program

ACQUISITION

Completed acquisition of TS

coal project

Review other potential coal

acquisitions

DEVELOPMENT

Confirmation drilling of Black

Hills

Converted Exploration license

to Mining License

Confirm resource and expand

drilling

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SUMMARY HIGHLIGHTS 1. Black Hills project is a substantial thermal coal project

close to infrastructure with significant expansion potential

2. NI 43-101 Inferred Resources of 89.6 Mt1

3. 10% drilling area generated 50% of historic resource

1. Potential to significantly expand the projects’ coal resources through infill and step-out drilling at Ovdog Hudag deposit where substantially larger historical resources were delineated by Russian work in the 1960s and 1970s through more detailed drilling

2. Phase II drill program planned to commence

3. China continues to utilize thermal coal as a viable energy source

4. The company has unique access to a proprietary pipeline of acquisitions

5. Team with significant local ownership and extensive local expertise and execution capabilities

6. Broad network of strategic partners, professional service providers and capital sources to build long-term successful projects and create significant shareholder value

www.mogulvc.com

1 Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011

Page 18: Mogul presentation june2712

Contact Information

+1 416.309.4326 | [email protected]

Suite 1200, 333 Bay St.

Toronto, Ontario

M5H 2R2, Canada

www.mogulvc.com