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THE GROWTH OF GOLD WELCOME TO THE MARA GOLD DISTRICT OF TANZANIA, ONE OF THE MOST PROLIFIC GOLD BELTS IN THE WORLD.

Tanzanian Gold Presentation

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Canadian Mining company looks to raise $2~$3.3 million to mine and do technical report.

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Page 1: Tanzanian Gold Presentation

THE  GROWTH  OF  GOLD        

WELCOME  TO  THE  MARA  GOLD  DISTRICT  OF  TANZANIA,          

ONE  OF  THE  MOST  PROLIFIC  GOLD  BELTS  IN  THE  WORLD.  

Page 2: Tanzanian Gold Presentation

     ATAC’s mission is to enhance the financial position

of our investors, our business, and social partners through exploring and developing natural resource properties for gold in Tanzania, Africa. Our strategic focus is the purchase, development and production of quality gold projects.    

Page 3: Tanzanian Gold Presentation

ATAC is a privately held, Tanzanian mining company focused on gold exploration and development in the prolific Tanzania Greenstone Gold Belt alongside the established mining operations of Barrick Gold, AngloGold, Ashanti, Tulawaka and other senior mining companies. In the past two years ATAC has completed land acquisitions, undergone a systematic and methodical assessment of the enriched zone, made a plan to explore and develop precise targets, and scoped out acquisition targets that can triple the present land base.  

Page 4: Tanzanian Gold Presentation

 

 $2.5 Million Exploration Plan �  Undertake a detailed evaluation of the primary deposit—

43-101

�  Drill 48 holes to depth of 100 to 200 meters

�  Prove up 600,000 to 1,000,000 T oz resource

�  Increase the In-SITU value of property to over $60 Million after assessment

Page 5: Tanzanian Gold Presentation

Optional $3.5~$5 million Pilot Plant

�  Construct a 500 ton per shift pilot plant �  Commence mining operations within 6~12 months �  Assessment conducted by our geologist indicates gold

resources could produce over 600,000 T ozs �  Projected cash flow is potentially over $30 million per

year for 10 plus years

Page 6: Tanzanian Gold Presentation

$1.5~$2.5 Million Acquisition Target

�  ATAC Mining has assessed other properties prospective for significant gold resource potential

�  Proven reserves in excess of 400,000 T oz Au at a grade of over 3.5 gm/ton

�  Revenue value of over $640 Million �  Advanced stage exploration and resource delineation

program necessary to prove up its resource base �  107 sq km mine and concession

Page 7: Tanzanian Gold Presentation

�  222 hectare gold mining concession—expandable 3X �  3 underground mines �  Excellent Assay Results—up to 70 g/t au �  Potential resource of over 600,000 Troy Ounces �  Near term pilot plan potential production—4,000 oz/month �  100% owned by ATAC Mining (TZN) �  Canada Co. owns 67% of ATAC Mining �  Property is free and clear of all encumbrances �  Historical mining and production since 1930’s �  Active artisanal mining

Page 8: Tanzanian Gold Presentation

�  Resource Report (43-101 compliant) completed December 2011

�  Existence of a “gold-belt” approximately 2 km in length between the Alpha Mine in the NE

Maximum E-W distance of the concession block is 1,600 m �  Strike zone is approximately 700 meters �  Assay values from Alpha and Beta mines are 12.3 g/t Au, 21.5 g/t Au

and 23 g/t Au, 30.9 g/t Au, and 70.0 g/t Au (found in tailings)

�  Potential million plus metric tonnes of gold bearing ore in just the enriched zone before taking into account the full scope of structure below

Page 9: Tanzanian Gold Presentation

ATAC  Mines    

Page 10: Tanzanian Gold Presentation

�  Deposit type: Structurally controlled, quartz vein hosted with a pinch-and-swell geometry with an Anticline with a fold axis 033˚/78˚ (steeply dipping to the NE).

�  Gold mineralization restricted to : quartz-vein, which most likely follows the axial plane of the above described anticline.

�  Current proven strike length is 700 m following strike and dip. �  A Geophysical survey from 2004 confirms the extension of a

chargeable body in strike direction (NE). �  Inclined at 78˚ degrees structure “disappeared” with increasing depth

and the artisanal miners are/were unable to follow it. �  Structures are cut by normal faults, two additional tectonic events post-

mineral-placement were documented and there is a possibility that the structure was vertically displaced.

�  High possibility that the gold mineralization continues with depth.

Page 11: Tanzanian Gold Presentation

Country  Background  

Tanzania,   created   by   the   union   of   Tanganyika   and   Zanzibar,   is   located   in   East   Africa   and   boarders   amongst   others,  Mozambique,  Malawi  and  Zambia.  The  union  of  Tanganyika  and  Zanzibar  was  formalised  in  1977  and  in  1992,  a  multi-­‐party   system  was   introduced.   From   1995,   following   the   election   of   Benjamin  Mkapa,   the   country   has   been   politically  stable  and  is  now  regarded  as  one  of  the  most  politically  stable  countries  in  Africa.  

The  economy  reflects  the  ongoing  political  stability  of  the  country  and  has  progressed  steadily  since  1995  with  agriculture,  tourism  and  mining  all  performing  well.  Mining  is  the  fastest  growing  sector  in  Tanzania  in  terms  of  contribution  to  GDP  and  exports.  This  growth  was  assisted  by  the  World  Bank  and  the  introduction  of  investor  friendly  mining  laws  which  was  introduced  in  1998.  The  Mining  Act  of  1998  and  subsequently  amended  in  2010  guarantees  investor’s  security  of  tenure,  provides  transparency  in  issuance  and  administration  of  mineral  rights.  

This  has   lead  to  a  number  of  Australian  and   international  corporations  being  attracted  to  the  region   including  African  Barrick,  AngloGold  Ashanti  Limited  and  Resolute  Mining  Limited  all  of  whom  have  a  significant  presence  in  the  country.  

Alongside  precious  stones,  gold  mining  has  dominated  the  Tanzanian  mining  industry  for  more  than  a  century.  There  are  records   of   organized   prospecting   and  mining   dating   back   to   the  German   colonial   period,  with   gold   discoveries   being  made   in   the  Lake  Victoria  Goldfield   in   1895.  Tanzania   is  now  Africa’s   third   largest  gold  producing  country  after  South  Africa  and  Ghana.  Nonetheless,   the  country   is  considered  under  explored   in  comparison  to  other  gold  producers  of   its  size  and  there  is  believed  to  be  a  high  probability  of  future  discoveries  with  large  contained  gold  deposits.    

The  first   of   the   large  mining  projects   in  Tanzania   began  producing   gold   approximately   ten   years   ago.  One  of   the   key  drivers  behind  the  expansion  of  the  Tanzanian  gold  mining  sector  is  the  prospective  Greenstone  Belts  and  in  particularly  the  Lake  Victoria  Goldfield.  

The  Archean  greenstones  in  Tanzania  also  have  potential  for  the  discovery  of  nickel  sulphide,  volcanic  massive  sulphide,  porphyry  copper,  zinc,   lead  and  copper,  VMS  style  and  platinum  group  metals.  Historically,   little  exploration  has  been  carried  out  for  these  commodities  and  it  is  only  in  the  past  decade  that  the  potential  has  been  recognised  and  exploration  work  for  these  commodities  carried  out  with  some  early  indication  of  success.  

More   recently,   on   the   back   of   broad   scope   exploration   discoveries   for   a   range   of  minerals   have   been  made   including  uranium,  coal,  nickel  and  more  recently  rare  earth  elements.  

Page 12: Tanzanian Gold Presentation

�  Estimated in-SITU Value of $60,000,000 gold resource, with potential to be over $100 million when exploration programs are complete

�  EBITA on mining operations at Project X: $60 mm/year

�  Immediate Investment Requirements: $2.5 ~ $10 mm

�  Debt and working capital: �  No debt �  Cash investment to date is approximately $750,000

VALUATION  

Page 13: Tanzanian Gold Presentation

�  Owner and president of Canada Co. Canada Co. owns 67% of ATAC Mining (TZN). He brings twenty years experience in mining, commodities and other fields

�  Owner and working partner of Atac Mining. Our Tanzanian partner brings his strong national and regional business and political ties to Atac. He also contributes drilling and heavy equipment to the project.

�  Geologist for ATAC Mining. He is a senior hard rock geologist with a great deal of international mining experience and success in both Africa and South America. He has almost 20 years of experience and has completed more than fifty NI 43-101 reports

�  Director of ATAC Mining. He has 17 years of experience as an international management consultant and advisor that works to finance and develop natural resource and energy related projects. He has also participated in gold exploration projects in Ghana and Tanzania.

   

Page 14: Tanzanian Gold Presentation

THE  GROWTH  OF  GOLD