August 2012 investor presentation

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  • 1. August2012 InvestorPresentation
  • 2. ForwardLookingStatementThis presentation of Guyana Goldfields Inc. (the "Company") contains statements that constitute "forwardlooking statements." Such forwardlooking statementsinvolve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or developments in our industry, todiffer materially from the anticipated results, performance or achievements expressed or implied by such forwardlooking statements. Forward looking statements arestatements that are not historical facts and are generally, but not always, identified by the words "expects," "aims," "plans," "anticipates," "believes," "intends," g y, y, y p , , p , p , , ,"estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Information inferred fromthe interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as such informationconstitutes a prediction of what might be found to be present when and if a project is actually developed. Forwardlooking statements this document includes arestatements regarding: the Companys expectations regarding drilling and exploration activities on properties in which the Company has an interest; and the Companysstatements regarding estimates of resources on properties in which the Company has an interest. There can be no assurance that such statements will prove to beaccurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance onthese f h forwardlooking statements that speak only as of their respective d d l ki h k l f h i i dates. IImportant ffactors that could cause actual results to diff materially f h ld l l differ i ll from the C h Companys expectations include among others, risks related to fluctuations in mineral prices; uncertainties related to raising sufficient financing to fund planned work in a timelymanner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfillexpectations and realize the perceived potential of the Companys properties; uncertainties involved in the estimation of resources; the possibility that requiredpermits may not be obtained on a timely manner or at all; the possibility that capital and operating costs may be higher than currently estimated and may precludecommercial development or render operations uneconomic; the possibility that the estimated recovery rates may not be achieved; risk of accidents, equipmentbreakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overrun or unanticipated expenses in the work program; therisk of environmental contamination or damage resulting from the Companys operations; risks associated with title to mineral properties; and other risks anduncertainties discussed appear elsewhere in the Companys documents filed from time to time with the Toronto Stock Exchange and Canadian securities regulators.These statements are based on a number of assumptions, including assumptions regarding general market conditions, the availability of financing for proposedtransactions and programs on reasonable terms, and the ability of outside service providers to deliver services in a satisfactory and timely manner. Forwardlookingstatements are based on the beliefs, estimates and opinions of the Companys management on the date the statements are made. Except as expressly required byapplicable securities laws, the Corporation undertakes no obligation to update these forwardlooking statements in the event that managements beliefs, estimates oropinions, or other factors, should change.This presentation uses the terms "Inferred Resource", "Indicated Resource" and "Mineral Resource". The Company advises readers that although these terms arerecognized and required by Canadian securities regulations (under National Instrument 43101 "Standards of Disclosure for Mineral Projects"), the US Securities andExchange Commission does not recognize these terms. Readers are cautioned not to assume that any part or all of the mineral deposits in these categories will ever beconverted into reserves. In addition, "Inferred Resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot beassumed that any part of an Indicated or Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred MineralResources may not form the basis of feasibility or prefeasibility studies, or economic studies except for a Preliminary Assessment as defined and permitted underNational Instrument 43101. Readers are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable. The MineralResources stated in this news release are not mineral reserves and, in the absence of a current feasibility study, do not demonstrate economic viability. Thedetermination of mineral reserves can be affected by various factors including environmental, permitting, legal, title, taxation, sociopolitical, and marketing issues. 2
  • 3. InvestmentSummaryNewFSLeadership NewteamwithdevelopmentexpertiseAuroraGoldProject NextproducinggoldmineinGuyana,SouthAmericaResources&Grade 6.54MozAuM&IResource;1.82MozAuInferredResource Highaveragegradeof+3.0g/tAuPermitting Allpermittingreceived;ReadyforconstructionBankableFeasibilityStudy Vastimprovementsbeingmadetoprojectseconomics Over400,000+acresoflandingreenstonebeltofGuianaShield; O 400 000 fl di t b lt f G i Shi ldBlueSky SecondaryRegionalComplex:2newdiscoveriesmadeatAranka 3
  • 4. CorporateSnapshot Symbol: TSX: GUY Top 15 Shareholders Shares % Shares Issued 95,071,814 The Baupost Group 18.8M 19.8% Options 7,928,138 Franklin Resources (Templeton) 10.7M 11.2% Warrants 0 Van Eck 7.3M 7.7% Diluted: 102,999,952 Patrick Sheridan Jr. (Founder/CEO) 6.2M 6.5% 52 week: Hi/Lo C$10.58 / C$1.67 IFC (World Bank Group) 5.1M 5.4% 3-month average volume: 958,385 Market Cap (at C$ 2.22) C$211 million ProFund Advisors 3.5M 3.7% Cash Position C$51 million Norges Bank 2.0M 2.0% Monthly burn rate y C$2 million AMG Analysen 1.8M 1.9% Debt $0 Sprott Asset Mgmt 1.7M 1.8% AGF Investments Inc. 1.0M 1.0% Insider, Fidelity Investments 1.0M 1.0% 7% 7% Retail TD Asset Mgmt 0.8M .08% 35% First Eagle Investments 0.8M .08% Instit., British Columbia Investment Mgmt 0.6M .06% 58% Degroof B k P i D f Bank Privee S A S.A. 0.6M 0 6M .06% 4
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