TSX Venture Exchange: QGR - Geotech

Southern Bradshaw Mountains, Crown King, Arizona

TSX Venture Exchange: QGR

Q-Gold Resources Ltd. 2016 2

• Mineral Creek Resources Inc. (Q-Gold’s AZ Subsidiary) is Project

Originator/ Operator.

• Company Uses Modern Geophysical and Geologic Interpretation

Techniques to Identify Mining Prospects

• Two Recent Geophysical Surveys on its Holdings in the Historic Mining

Province of the Central Arizona Volcanic Belt (“CAVB”) Yielded a Number

of Outstanding New Targets

• Largest Target (Anomaly “A” on Green Mohave 2 BLM Claim) with

Extraordinary Conductivity of at least 1,000 m Deep, Indicating Metallic

Deposit has Drilling Permit in Place from US Forest Service/ BLM

• Volcanogenic Massive Sulfide (VMS) Nature of Mined Ore from Nearby

Mines (Cu with overprint of Au, Ag & Zn) Indicates Possible VMS Ore of

10+ Million Tons in Project Target

• $400K Private Placement Sought to Drill 3 Holes (800 m total) to Evaluate

Deposit in 2016.


• 13 BLM claims – approx. 279 acres

• Located in the Southern Bradshaw

Mountains of Yavapai County

• Important part of prolific VMS belt of

precious & base metal mines

• Historic gold & silver camp (late 19th

century) contained 2,000+ gold, silver

& copper mines that produced 5+

MM oz Au/Ag + Cu

• 1890’s silver “depression” & 2 World

Wars stopped all production

• Fractured land position restricted

exploration

• Q-Gold conducting first modern

exploration


Metals Recovered from Historic Mines (sources: “Arizona Significant Mineral Database” and

“U.S. Department of the Interior, Geologic Survey Open File Report 87-0406, 1987)

Mine

Ore Production

(000’s Tons)

Copper Produced/ Avg.

Grade (%)

Gold Produced/ Avg. Grade

Silver Produced/ Avg. Grade

United Verde (Jerome) 30,673

2.9 Billion lbs. 4.77%

1.3 MM oz. 0.05 oz./t

49.9 MM 1.65 oz./t

United Verde Extension (Jerome) 3,879

793 MM lbs. 10.23%

151,000 oz. 0.04 oz./t

6.6 MM oz. 1.17 oz./t

Blue Bell (Crown King) 1,000+

55 MM lbs. 3.00%

45,500 oz. 0.05 oz./t

1.2 MM oz. 1.5 oz./t

DeSoto (Crown King) 180

16.5 MM lbs. 3.75%

12,400 oz. 0.02 oz./t

285,000 oz. 1.0 oz./t


HISTORIC PRODUCING MINES IN THE CAVB GENERALLY CONTAIN:

• Meta-Volcanic Host Rocks of Marine Proterozoic (Origin: 1.2-1.7 Billion Years)

• Tabular, Lenticular or Podiform (Ore Shoots) Shape

• 70% Sulfide Minerals of Cu, Au, Ag & Zn

• Zones w/ Cu/ Fe Near Source Vents; Zn-Pb at Edges

• Layers in Submarine Volcanic Successions

• Sharp Contacts Between Sulfide Zones and Country Rocks and Between

Different Sulfide Mineral Zones

• Geologic Units That Dip From 75 deg. to 85 deg.

• Sedimentary Iron Formations Frequently Overlie, or are Laterally

Contiguous w/ Mineralized Zones

• Zones That Tend to Occur in Groups or Layer up to Seven, Separated

Laterally by Less than 50m

• Ore Shoots that can Range from a Lateral Width of up to 200m, Thickness

of 40m and at Depths from 50m to 800m


BASED ON BOTH FIELD MAPPING, SAMPLING & GEOPHSYICAL SURVEYS,

THE FOLLOWING OBSERVATIONS CAN BE MADE:

• Extremely High Conductive Response was Received from CSAMT Survey

(Ground Geophysics), Indicating that the Deposit has a High Metallic

Content, Perhaps Containing Cu & Ag in High Concentrations

• Deposit Appears to be 2 Parallel “Tabular” Bodies Dipping West

• Surface Gossan of Residual Sulfur at the Top Confirms Sulfide Nature

• Deposit Appears to Be Layered w/ 2 Distinct Zones & Sharp Contacts

• Strong Magnetic Response was Also Encountered, Confirming the

Presence of Iron

• Outcrops of the Deposit, Although Leached of Metals, are Bounded by

Ironstone Formations

• Geophysical Profile of Deposit Exceeds the CAVB Size Criteria as to Width,

Length and Thickness


• In Addition to the 2 Tabular Zones Identified by Geophysics, a Third

Zone of Conductivity may be Present Beginning at 150m. This may be

a Zone of Broken Ore or Perhaps an “Oxide Cap” Containing Silver

Minerals as Found in the Adjoining Peck and Silver Prince Mine

Complexes.

• Suggested Volume of 5.4 MM Cubic Metres for the 3 VMS Indicated

Zones, which Equates to 13.8 MM Tons of Potential VMS-Type Copper

Ore.

• Anomaly “A” Appears to Meet All Geologic Characteristics of the

Successful Historic Producing Mines of the CAVB

• Drill Program Will Initially Test All Three Prospective Zones to Confirm

Their Mineralogy & Establish an Initial View of Their Extent and

Mineability


• 277 line km VTEM+/ Mag

helicopter time domain EM

survey (Geotech July 2011)

interpreted by IGS (Denver)

• 13 conductive anomalies with

100-700 m strike lengths

• Many coincident magnetic

anomalies

• Large number of deep-seated

faults indicated (wavy lines) by

magnetic discontinuities

• Fault lines coincide w/ existing

mines (mineralization conduits?)

• Anomalies on “open” ground

now staked by Q-Gold

Peck Mine (“B” Anomaly)

Black Warrior

Mine Complex (“C” Anomaly)

“A” Anomaly (Green Mohave2) N


• Strongest EM conductive response of 13 receptors encountered

• Extensive “Tabular” body (redline) extending to min. 125m (VTEM response limit)

• EM showed zone

characteristic of sulfide

mineralization

• Underlain by large

resistive “alteration

halo”; may indicate

sizable disseminated

sulfide deposit at depth (yellow/ orange)

• Conical shape could

represent “chimney” at

volcano vent

• Accompanied by strong

magnetic response


• Strong magnetic anomaly dips 75° W; terminates north due to faulting, continuing 1

km+ to south

“A” Anomaly – Associated magnetic

intensity (pink – max. TMI response)

“A” Conductive Anomaly - EM (red dots) & Mag (pink)

response & associated faults (wavy lines)

• Possible magnetite (FeFe2O4) component; may

indicate “massive oxide” deposit

• Anomaly is formational unit which may or may

not be related to tabular body

• Faults (plumbing?) postulated from mag

discontinuities


• Low resistivity (ohm-

meters) = high

conductivity

• Moderate conductivity

encountered over the

upper “weathered”

zone surface to 75 -

100 m

• High conductivity

zone from 100-600 m

• Moderate conductivity

zone from 600-1,000 m


• Data was sufficient to identify drilling locations

• Highly conductive body exists from 75-100 m below

surface to +/- 600 m depth (+/- 2,000’)

• Conductivity in diminishing intensity continues to

+1,000 m (+3,000’)

• Based on the structural similarity to the historic

Peck and Black Warrior mines and the high

conductivity of silver, the anomalous zone may

contain precious metals


Enriched Silver Zones by Descending

Supergene Fluids


• Anomaly “A” Appears to be Primary Copper/ Zinc VMS Deposit with Overprint of Silver,

Similar to Historic CAVB Mines in the Region.

• Presence of Arsenopyrite and Chalcopyrite in Samples Suggest Possible Presence of

Gold.

• Ground Geophysics Indicate 3 Different Sulfide Zones, 2 of which Reach Surface.

• Primary Zone 600m Deep, 25-50m Thick and 800m Surface Length with Suggested Volume

of 3.7 MM Cubic Meters.

• This Zone Reveals Extremely Low Resistivity (High Conductivity) Suggesting Extremely

High Metal Content.

• Second & Third Sulfide Zones Appear to Contain an Additional Suggested Volume of 1.2

and 0.5 MM Cubic Meters, Respectively.

• Suggested Total Deposit Volume from the 3 Zones Equals 5.4 MM Cubic Meters Equating

to 13.8 MM Tons of VMS-Type Copper Ore.

• Proposed Drill Program to Evaluate all 3 Zones for Additional Exploration & Delineation.

• Suggested Total Volume of 5.4 MM Cubic Meters from Geophysical Surveys, Extremely

Low Resistivity (High Conductivity) Recorded, & the Near Surface Occurrence of 3

Potential Sulfide Zones, Makes this Prospect Extremely Attractive Drilling Target.


CAPITAL STRUCTURE CURRENT POST-

FINANCING

Issued & Outstanding 17,473,119 25,473,119

Fully-Diluted 21,523,119 37,523,119

• CDN$ 400,000 Proposed Private Placement Financing

• 8 MM Units @ 5 cents each

• Each Unit = 1 Common Share + 1 Warrant to Purchase Additional

Common Share @ 7 cents for 18 months

Q-Gold’s Board of Directors and Management Control Over 50% of Current

Issued & Outstanding Shares


• In Addition to Prospective Tonnage from the Green Mohave 2

Prospect, Company has 12 Additional VTEM Conductive Anomalies

on its CAVB Holdings for Future Investigation/ Drilling.

• Several Abandoned Historic Mines in the Immediate Area have

Additional Reserves that could be Acquired at Reasonable Cost.

• Additional Geophysical Surveys in the Extensive CAVB should

Reveal New Prospective Targets/ Reserves in Prolific VMS Belt.

• Prospects for a Successful Mining and First Stage Ore Processing

Operation (Concentrates) at Crown King are Excellent.

• Surplus Smelting/ Refining Capacity Available in Arizona on a

“Tolling” Basis.

• Worldwide Copper Shortage and Price Recovery are Expected in a

Few Years, Coinciding with Q-Gold’s Planned Mining Operations.


• CROWN KING, ARIZONA:

• 13 BLM Mining Claims covering geophysical anomalies,

including the “A” Anomaly

• Large granite stock (potential gold, silver, copper)

• Historic gold-bearing mine dumps available for processing

• MINE CENTRE, ONTARIO:

• Foley and Golden Star Gold Mines and McKenzie Gray Gold/ Silver

deposit ready for additional delineation drilling

• 10,000+ contiguous acres containing:

• 100+ gold-bearing quartz veins, many w/ 100+ m strike length

• 3 undeveloped gold mines

• Numerous surface exploratory targets


This presentation contains “forward-looking information” as defined inapplicable securities laws (referred to herein as

“forward-looking statements”). Forward looking statements include, but are not limited to, statements with respect to the

cost and timing of the development of Q-Gold Resources Ltd.’s projects, including the exercise of any property options;

the success and continuation of exploration activities; estimates of mineral resources; acquisitions of additional mineral

properties; the future price of gold; government regulations and permitting timelines; estimates of reclamation

obligations that may be assumed in connection with the exercise of any property options; requirements for additional

capital; environmental risks; and general business and economic conditions. Often, but not always, forward-looking

statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”,

“estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates” or “believes”, or variations of, or the

negatives of, such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”,

“should”, “might” or “will” be taken, occur or be achieved. Inherent in forward-looking statements are risks, uncertainties

and other factors beyond the Company’s ability to predict or control. These risks, uncertainties and other factors

include, but are not limited to, future gold prices, changes in equity markets, actual results of current exploration,

changes in project parameters, exchange rate fluctuations and other risks involved in the gold exploration and

development industry. Forward-looking statements are based on a number of assumptions which may prove to be

incorrect, including, but not limited to, the availability of financing for the Company’s exploration and development

activities; the timelines for the Company’s exploration and development activities on its properties; the availability of

certain consumables and services; assumptions made in mineral resource estimates, including geological interpretation

grade, recovery rates, and operational costs; and general business and economic conditions. Forward-looking

statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual

results, performance or achievements to be materially different from any of its future results, performance or

achievements expressed or implied by forward-looking statements. All forward-looking statements herein are qualified

by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The

Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a

result of new information or future events or otherwise, except as may be required by law.

TSX Venture Exchange: QGR - Geotech

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