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PIPELINE OF GOLD PRODUCTION IN NOVA SCOTIA

… applying Australian expertise to an overlooked Canadian gold province …

ASX:ATV

www.atlanticgold.com.au

October 2013

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Fully paid shares 818.4M Partly paid shares (20 cents paid to 9 cents) 30.3M Market Cap @ 2.5 cents/share: $20.5 million

CAPITAL STRUCTURE

THE COMPANY

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• Track record of gold discovery and production in

Western Australia

• Focused on the same, but now in the Meguma

Goldfield – with OPEN PIT perspective

• Established 450,000 oz Reserves within a

Resource inventory of 1.2 million ounces

• Project pipeline:

Touquoy – next step: development

Cochrane Hill – next step: feasibility study

Exploration lands – next step: discovery

OVERVIEW

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Cochrane Hill

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TOUQUOY

Measured & Indicated 10.1 1.5 480,000

Inferred 1.6 1.5 77,000

TOUQUOY WEST

Indicated 0.9 1.9 54,000

Inferred 0.6 2.2 45,000

COCHRANE HILL Indicated 4.5 1.8 251,000

Inferred 5.6 1.6 298,000

TOTAL M&I 15.5 1.6 785,000

TOTAL INF 7.8 1.7 420,000

MINERAL RESOURCES contained million tonnes grade g/t ounces gold

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TOUQUOY

Proved 2.49 1.48 118,000

Probable 7.10 1.47 336,000

TOTAL 9.59 1.48 454,000

ORE RESERVES

contained million tonnes grade g/t ounces gold

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TOUQUOY

9 Touquoy geology and drillhole locations

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Touquoy deposit section 21625mE

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NQ DIAMOND CORE – HOLE MR-05-084

121–122 m : 2.16 g/t

122–123 m : 9.23 g/t

123–124 m : 8.98 g/t

Argillite host rock with no quartz veins

TOUQUOY GOLD PROJECT

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TOUQUOY GOLD PROJECT

Photomicrographs of gold grains in MR-05-084 core at 122-123 m Field of view 1 mm. Light grey = arsenopyrite, dark grey = silicates

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Low strip ratio – 2.5:1

Soft ore – BWI ~ 10

Excellent metallurgy – 93.5% (70% gravity)

Coarse grind - 150µm

Low reagent consumption – 0.4kg/t CN

Excellent CN detox

No acid rock drainage – carbonate, low sulphide

Grid power – coal-fired – 5km to connect

Excellent infrastructure

Keen local and homecoming workforce

No on-site accommodation required

Supportive government

TOUQUOY’S ADVANTAGES

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Ore reserves 9.59 Mt @ 1.48 g/t

Production 422,000 oz

Mine life 5.0 years

Ave annual production 84,000 oz pa

Throughput 2.0 Mtpa

Initial capex C$140 million

Cash operating costs US$560/oz

Gold price US$1300/oz

Net cash surplus (pre-tax) C$172 million

Payback period 27 months after first gold

Project NPV (8%, pre-tax) C$91 million

Project IRR 30%

TOUQUOY SUMMARY FINANCIALS

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ENVIRONMENTAL ASSESSMENT APPROVAL FEASIBILITY STUDY COMPLETED

MINERAL LEASE GRANTED

ACQUIRE REMAINING SURFACE TITLES

FINAL PERMITTING

Industrial Approval – submitted and under review

PROJECT FINANCING

In progress

TOUQUOY GOLD PROJECT STEPS TO PRODUCTION

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COCHRANE HILL

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Cochrane Hill

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COCHRANE HILL

Indicated 4.5 1.8 251,000

Inferred 5.6 1.6 298,000

TOTAL 10.1 1.7 549,000

MINERAL RESERVES

contained million tonnes grade g/t ounces gold

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23 Cross section 3200E

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CONCEPTUAL FINANCIALS TOUQUOY + COCHRANE HILL

Throughput

Total production

Ave annual production

Plant

Mine life

Pre-production capex

Total LOM capex

Cash operating cost

Gold price

Net cash surplus (pre-tax)

Payback period

NPV (8%, pre-tax)

Internal rate of return

19.0 Mt @ 1.6 g/t for 970 koz contained

900,000 ounces

93,000 ounces

2.0 Mtpa relocated to CH after Touquoy

9.7 years

C$140 million

C$254 million

US$610 per ounce

US$1,300 per ounce

C$368 million

27 months after first gold pour

C$170 million

31%

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REGIONAL EXPLORATION

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WHY NOVA SCOTIA: • Meguma Terrane hosts more gold occurrences

per unit area than any other goldfield • It’s unexplored for shale-hosted disseminated

gold deposits – like Touquoy

• Mega deposits of this general type occur globally

• Very high proportion of exploration dollars go into the ground

• Politically stable

EXPLORATION

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Gold production Nova Scotia 1861-2011 Total production 1.4Moz Gold Production - Nova Scotia 1861 - 2011

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5,000

10,000

15,000

20,000

25,000

30,000

35,0001860

1863

1866

1869

1872

1875

1878

1881

1884

1887

1890

1893

1896

1899

1902

1905

1908

1911

1914

1917

1920

1923

1926

1929

1932

1935

1938

1941

1944

1947

1950

1953

1956

1959

1962

1965

1968

1971

1974

1977

1980

1983

1986

1989

1992

1995

1998

2001

2004

2007

2010

Year

Ou

nces

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AT TOUQUOY: • Grant of Industrial Approval – Q4/13

• Secure project financing - Q1/14

• First gold pour – Q4/15 AT COCHRANE HILL: Complete drill-out, commence Feasibility Study ELSEWHERE MEGUMA: Continue regional exploration

LOOKING AHEAD

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DISCLAIMER

All statements contained in this presentation, other than statements of historical fact, that address future timings, activities, events and developments that the Company expects, are forward looking statements. Although Atlantic Gold NL, its subsidiaries, officers and consultants believe the expectations expressed in such forward looking statements are based on reasonable expectations, investors are cautioned that such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause actual results to differ materially from forward looking statements include, among other things, commodity prices, continued availability of capital and financing, timing and receipt of environmental and other regulatory approvals, and general economic, market or business conditions.

ATTRIBUTION

Mr Neil Schofield (MSc. MAusIMM) is a Qualified Person as defined in National Instrument 43-101, and has reviewed and approved the contents of this presentation.

The resource estimates for Touquoy described in this presentation were completed by Mr Neil Schofield, a principal of Hellman and Schofield Pty Ltd. Mr Schofield is a Member of the AusIMM and qualifies as a Competent Person in respect of the 2004 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) by virtue of having sufficient experience which is relevant to the Touquoy style of mineralisation and deposit type. Mr Schofield has consented to the inclusion of this information in the form and context in which it appears in this presentation.

The geological information in this presentation relating to Mineral Resources has been compiled by Mr Wally Bucknell who is a director of Atlantic Gold NL and a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). He has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person in respect of the 2004 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mr Bucknell has consented to the inclusion of this information in the form and context in which it appears in this presentation.