PROVEN MINE FINDERS

First Quarter 2012

Forward Looking Statements

Some of the statements contained in this presentation are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.

Qualified Person: Mr Stephen R Maynard, M.S., C.P.G., has acted as the qualified person as defined in National Instrument 43-101 for this disclosure and supervised the preparation of the technical information in this release.

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Strong Foundation for Growth

Successful Management Team • Discovered 200 million ounces Silver & 8 million ounces Gold in the last decade • Involved in two takeovers - $424M West Timmins Mining merger (Lake Shore Gold)

$140M Underworld Resources (Kinross Gold Corp.)

Strong Institutional Ownership • 50% owned by reputable investment funds; average cost of shares is $0.60 • 20% owned by management

District-Scale Exploration Projects • Large land position in the 15M oz Au Guerrero Gold Belt (eg. Goldcorp, Torex Gold) • Eight exploration projects in Mexico, three drill programs planned in next six months Healthy Balance Sheet • $3.5M cash balance with no debt, and tight share structure

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Proven Mine Finders

Board of Directors: David Jones, M.S. Discovered 8 million ounce Los Filos Gold Skarn deposit Peter Megaw, Ph.D. Discovered MAG Silver’s 200 million ounce Ag Juanicipio deposit, Cinco de Mayo and

Pozo Seco Projects, and Excellon Resources’ Platosa Mine Richard Brissenden, CA. Founder/President of Mexican Silver producer Excellon Resources, director of Minera

Andes Michael Williams, Executive Chairman Founder/President of Full Metal Minerals, Chairman and founder of Underworld

Resources, purchased by Kinross Gold for $142 million Lawrence Talbot , LLB Mining Lawyer with over 24 years of experience. Currently a Director of Cardero

Resources, International Tower Hill Mines, Wealth Minerals and Balmoral Resources Stephan Zimmermann, Ph.D. Partner in Wehrli Zimmermann Gleixner & Partners in Zurich 4

Accomplished Management Team

Darrell Rader, BBA, President, CEO & Director Mining and exploration financer and operator. Served as manager of Corporate Development for Energold Drilling and IMPACT Silver Corp. (2003-2010) during which Energold expanded from 2 drill rigs to over 80 and had 22 consecutive profitable quarters. IMPACT Silver moved from early stage exploration into a profitable silver producer in Mexico.

Stephen Maynard, M.S., Vice President Exploration Exploration geologist for over 30 years and worked with geological teams that discovered the 1.5-million-ounce gold Efemcukuru deposit in Turkey and Metallica Resources' 3-million-ounce gold Cerro de San Pedro deposit in Mexico.

Cale Moodie, CA, Chief Financial Officer Previously served as the CFO of both Underworld Resources prior to its acquisition by Kinross Gold and Sierra Geothermal prior to its acquisition by Ram Power. Worked for a number of years in public practice accounting at KPMG LLP’s Vancouver Industrial Markets Group.

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Share Structure

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Institutions 50% Management

20%

Retail 30%

Symbol MGG:TSX.V Shares Issued 45,741,146

Options 3,620,000

Warrants None

Fully Diluted 49,361,146

52 Week: Hi/Low C$0.95 / C$0.25

Market Cap $16M

Cash $3.5M

Project Portfolio – 8 Drill Ready Projects

Exploration Strategy

First Step Conduct First Phase Drill Program Second Step If results indicate large Gold/Silver potential, then expand exploration program OR If not, Joint Venture or sell project

7 EXPLORATION FOCUS

Sep 19th Acquired Jackie Gold project Sept 29th Acquired El Porfido project near prolific 15 M oz GGB district

March 8th Acquired Adelita project

Oct 6th Drilled 47 Metres of 0.98% Cu, 46 g/t Ag, 0.46 g/t Au & 16 Metres of 1.97% Cu, 73 g/t Ag, 0.84 g/t Au at Adelita Oct 13th Acquired Santa Marta Cu-Au-Ag project Oct 19th Acquired Corazonada Ag project

April 6th Acquired Vuelcos del Destino project in prolific 15 M oz GGB district

Timely Project Execution

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2010 2011 2012

Jan 26th Drilled at Aurena Gold project

Feb 22nd Closed $5.75M Oversubscribed Financing

May 9th Drilled 29.05 m of 1.99 g/t Gold at Aurena Project Drill Program Expanded to 6500m

June 14th Drilled 43.50 m of 1.01 g/t Gold at Aurena

Nov 29th Outlined New Gold Zone at Aurena Project

Jan 12th Outlined Drill Targets at Vuelcos Del Destino in the Guerrero Gold Belt

Adelita

Vuelcos del Destino

Misc. Aurena

Early Entrant in Guerrero Gold Belt “GGB”

Company Primary Project

Hectares Reserve (Au) Resource (Au) Market Cap

Goldcorp Inc. No 9000 5.64M oz 2.8M oz n/a

Torex Gold Yes 29,000 3.90M oz $765M

Newstrike Capital Yes 88,000 $242M

Cayden Resources Yes 17,000 80,000 oz $119M

Esperanza Silver Yes 15,000 1.14 M oz $108M

Minaurum Gold Yes 24,000 $16M Citation Resources No 38,000 $6M

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Summary of Mining Companies Operating in the Prolific Guerrero Gold Belt

Over 15 Million ounces Gold discovered since 1990’s, in large part via exploration model developed by David Jones, Director, Senior Geologist & Property Vendor

Major Mines & Deposits in “GGB”

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Minaurum’s projects include: • Corazonada • Jackie • El Porfido • Vuelcos del

Destino Projects cover Intrusive complexes similar to current GGB Deposits Belt has very good infrastructure with roads, electricity, populated cities.

“GGB” Exploration Plans 2012

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Conduct Initial

Mapping/ Sampling

Fly VTEM & Mag Survey

First Phase Drill Program

Surface Work/ Interpret Results

Second Phase Drilling

Corazonada

El Porfido

Jackie

Vuelcos del Destino

Q1/12 Q4/12 Q4/12 Q3/12

Aurena - Gold

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District Scale Gold Skarn

61,910 Hectares Mineralized trend measuring 3.5km by 1km

Drill Defined Target

2 drill defined Gold Zones First Zone 1.8 km long Gold zone at depth and open along strike Second Zone Near surface and open in three directions Mineral Grade

& Size Prograde gold skarn mineralization, typical deposits grade 6-8 g/t Au and total between 2-10 M oz Au

Exploration Plans

19 holes drilled; 7000m drill program completed Phase 2 drill program being permitted for Q3

Aurena - Positive Gold Intercepts

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Hole From (m) To (m) Interval (m) Au (g/t) AURC-11-001 160.50 181.00 20.50 1.45

including 165.00 173.50 8.50 2.75 AURC-11-002 39.50 47.16 7.66 1.14

including 44.33 47.16 2.83 2.22 AURC-11-005 0.00 29.05 29.05 1.99

including 8.45 27.60 19.15 2.60 AURC-11-006 4.50 48.00 43.50 1.01

including 4.50 13.50 9.00 1.24 and 28.50 48.00 19.50 1.64

AURC-11-007 34.50 40.50 6.00 0.84 and 125.20 149.00 23.80 0.99

including 134.00 147.50 15.00 1.33

First phase drill program indicates Gold mineralization is widespread and open in most directions

Aurena - Gold in Soils

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Phase One 7,000m drilling

Phase Two 2nd Half 2012

Current Exploration

Drilling

Gold mineralization remains open to the west, northwest, north, and at depth. Our ongoing step-out drilling program is aggressively focused on tracking down its extent

Project Pipeline

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Adelita Gold-Copper

Capilla Silver

Santa Marta Copper-Gold

• Potential un-mined vein in historical 200M oz Ag District • Mined veins averaged 1-5m wide grading 1000g/t Ag • Phase One - 1,500m drill program underway, results

expected in February 2012

• Optioned to Ocean Park Ventures (“OCP”) • Copper porphyry system measuring 3km by 1km • 2010 Drilling returned; 16.15m of 0.84g/t Au, 73g/t Ag,1.97%

Cu and 47.64m of 0.46g/t Au, 46g/t Ag, 0.98% Cu • 2,500m drill program planned for February 2012

• 500m strike length of exposed massive gossan • Recent sampling yielded up to 1.96 g/t Gold and 11.54%

Copper • Phase One - 2,500m drill program planned for Q2 2012

Contact Us

Investor Relations Manager, Sunny Pannu Tel: 778-330-0994

Website: www.minaurum.com Email: info@minaurum.com

Minaurum Gold Inc.

1500 - 409 Granville St. Vancouver, BC

Canada V6C 1T2

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