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This presentation may contain forward-looking statements including but not limited to:

Comments regarding timing, content of upcoming work programs Geological interpretations, receipt of property titles Operating and development plans Potential mineral recovery processes, and other related matters

Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Linear Gold’s projects in Canada, Mexico and the Dominican Republic are at an early stage and all estimates and projections are based on limited and possibly incomplete data. Actual results may differ materially from those currently anticipated in this presentation. No representation or prediction is intended as to the results of future work, nor can there be any promise that the estimates and projections herein will be sustained in future work or that the Projects will otherwise prove to be economical.

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CAUTIONARY NOTES AND DISCLAIMERS

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Linear Gold Corp has an experienced management team with specificexpertise in mineral exploration, mine development and operation,project financing, investor relations, and public company administration.

Wade K. Dawe President & CEO

Brian MacEachen Executive Vice President

Mike Sylvestre Vice President & COO

Howard Bird Vice President of Exploration

Keith Abriel Vice President & CFO

Sean Tufford Director of Investor Relations

MANAGEMENT TEAM

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Toronto Stock Exchange (TSX Symbol: LRR)

US Symbol: (OTC: LGCFF) - Frankfurt Stock Exchange (FSE Symbol: LR2)

Cash (CDN) $44 million

Shares Issued 44.2 million

Fully Diluted Shares 55.2 million

Fully Diluted Cash $68.2 million

Debt $nil

Market Capitalization (CDN) $79 million

Recent Trading Range (CDN) $1.73 – $2.77

CORPORATE SUMMARY

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SHARE PRICE PERFORMANCESh

are

Pric

e (C

AD

)

Feb 09 Apr09 Jun09 Aug09 Oct09 Dec09 Feb 10

Linear Gold Corp. – 1 Year Share Price

Source: Globe Investor.com

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Linear Gold – A Development Company with Strategic Exploration Exposure

$44 million in cash & debt-free.

World Class Development Asset – Goldfields Project.

Attractive capital structure.

Quality exploration assets with strong joint venture partner.

Flagship Property: Goldfields Project in Uranium City, Saskatchewan

1+ million ounces of Proven and Probable Gold Reserves (N.I. 43-101 Compliant)

Environmental permits in place.

Near term production of 70,000 to 90,000 ounces of low cost gold production per year.

Politically stable, mining friendly environment.

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INVESTMENT HIGHLIGHTS

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Source: www.canada-maps.org

Uranium City, SK

Peace River, AB

Fort McMurray, AB

Yellowknife, NWT

Stony Rapids, SK

Great Slave Lake

Lake Athabasca

Wood Buffalo National Park

Goldfields Property

GREAT SLAVE LAKE – LAKE ATHABASCA REGION

Ice Road

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GOLDFIELDS PROJECT –SASKATCHEWAN

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Beaverlodge Lake

Lake Athabasca100% Linear

25,685 hectares

Athona Deposit

Box Mine

Frontier AditGolden Pond

Uranium City Uranium City Airport

Charlot River Hydroelectric Station

Measured and Indicated Resources (including Proven and Probable)Deposit Tonnes Grade (g/t) Gold (ounces)

Box Deposit – Resource 16,901,000 1.39 753,000

Athona Deposit – Resource 13,076,000 0.93 391,000

Total M&I Resource 29,977,000 1.19 1,144,000

Inferred ResourcesDeposit Tonnes Grade (g/t) Gold (ounces)

Box Deposit – Resource 3,710,000 0.93 111,000

Total Inferred Resource 3,710,000 0.93 111,000

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Proven and Probable Reserves (N.I. 43-101)Deposit Tonnes Grade (g/t) Gold (ounces)

Box Deposit – Reserve 14,908,000 1.43 685,900

Athona Deposit - Reserve 10,483,000 1.02 344,500

Total Reserve 25,391,000 1.26 1,030,400

GOLDFIELDS PROJECT – RESERVES & RESOURCES

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Updated studies completed in September 2009:

Includes the Box Mine feasibility study and the pre-feasibility study for the Athona Gold Deposit.

The Goldfields Project has Proven and Probable reserves of 1,030,400 ounces of gold.

The Goldfields Project has an NPV, discounted at 5%, of US$ 137.6 million at US$850 per ounce gold revenues.

Internal Rate of Return of 42.7% using US$850 per ounce gold revenues. Development ready project. Cash cost of US$379 per ounce of gold during first 8 years.

GOLDFIELDS PROJECT – BOX MINE

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GOLDFIELDS PROJECT – BOX MINEGOLDFIELDS PROJECT – BOX MINE AND ATHONA DEPOSIT

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GOLDFIELDS PROJECT – BOX MINE

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GOLDFIELDS PROJECT – BOX MINENPV & IRR SENSITIVITY ANALYSIS

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Gold Price NPV @ 5% IRR

$850 USD$137.6 Million 42.7%

$1,000 USD$203.0 Million 58.1%

$1,150 USD$268.4 Million 73.0%

$1,300 USD$333.7 Million 87.2%

Box Mine and Athona Deposit Combined

Was mined underground from 1939 – 1942 by Cominco.

It produced 64,066 ounces of gold.

It had two inclined shafts, and was mined on 3 levels. ( 22, 67 & 113 metres vertical.)

The gold mineralized zone is hosted in granites which have undergone brittle deformation resulting in quartz stockwork & veining.

The gold mineralized zone is approx 750 metres long by 40 metres wide.

The zone trends in a NE direction, dipping 43 degrees southeast.

The deposit continues down-dip below proposed pit mine plan.

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GOLDFIELDS PROJECT – BOX MINE

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Planned production of 70,000 to 90,000 ounces of gold per year based on a 5,000 tonne per day operation.

Open pit mineable, 3.42:1 strip ratio.

93% recovery using gravity, floatation, and CIL.

Updated (2009) pre-operating capital expenditures estimated at US $65.7 million.

Environmental permit in place – no development delays anticipated.

Power line to property.

Low cost

Projected life of mine – 8.4 years.

GOLDFIELDS PROJECT – BOX MINE

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GOLDFIELDS PROJECT – BOX MINEGOLDFIELDS PROJECT - BOX DEPOSIT

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Box Mine Pit

Waste Rock Area

Berm and Heavy Vehicle Road

Central Processing Facility

BOX MINE – PROPOSED MINE INFRASTRUCTURE

Athona Deposit

Fontier Adit

Golden Pond

Runoff Control Structures

Existing Access Road and Transmission Line

Fuel Tank Storage Area

Ancillary Facilities

Neiman BayLake Athabasca

Goldfields BayLake Athabasca

Located two kilometres from the Box Mine.

Explored from 1935 to 1938.

Two shafts to 85 metres & 34 metres depth.

The gold mineralized zone hosted in the granites has undergone brittle deformation resulting in quartz stockwork & veining.

The zone trends in a northerly direction dipping 35 degrees northwest.

The Pre-feasibility study has been completed on the Athona Deposit.

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GOLDFIELDS PROJECT – ATHONA DEPOSIT

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Pre-Feasibility Study completed on Athona in September 2009.

Athona planned production to commence from end of Box mine life.

Based on a 5,000 tonne per day operation Goldfields mine life extended to

14.3 years from 8.4 years.

Open pit mineable, 2.5:1 strip ratio.

Will utilize the same central processing facility as Box.

89% recovery using gravity, floatation, and CIL.

GOLDFIELDS PROJECT – BOX MINE

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GOLDFIELDS PROJECT – BOX MINEGOLDFIELDS PROJECT - ATHONA DEPOSIT

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Excellent local infrastructure with airport, power and telecommunications.

Good road system.

Post office, medical facility and water treatment facility.

Field office, core shack and living quarters with commercial grade kitchen facilities for 100 + employees.

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GOLDFIELDS PROJECT EXISTING INFRASTRUCTURE

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BOX MINE DOWN-DIP EXPLORATION POTENTIAL

B07-29247.81m @ 2.13 g/t Au

incl 8.60m @ 8.35 g/t Au

B07-29416.72m @ 6.32 g/t Au

incl 8.80m @ 11.47 g/t Au

B07-29516.72m @ 0.53 g/t Au

incl 5.30m @ 1.08 g/t Au

B07-29623.76m @ 2.54 g/t Au

incl 7.90m @ 5.57 g/t Au

B07-29332.56m @ 0.51 g/t Au

incl 11.44m @ 0.69 g/t Au

Box Mine Granite

Current Proposed Pit

The Gold Zone

at the Box Mine

is open at depth.

Frontier Adit Gold Occurrence

Located approximately 1 kilometre northwest of Box Deposit. Frontier is a narrow vein, higher grade gold style of mineralization

~ 8.16 g/t to 28.18 g/t gold. Underground exploration completed during the 1930’s. Historical development of horizontal 100 metres adit with 185 metres of

drifting.

Golden Pond Gold Occurrence Located approximately 3 kilometres northeast of Box Deposit. Has open pit potential. Recent drill results include 5.07 g/t over 15 metres ~ 16.57 g/t over 13.6

metres.

Excellent exploration and upside potential on Goldfields property package.

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GOLDFIELDS PROJECT – FUTURE PLANSGOLDFIELDS PROJECT – EXPLORATION UPSIDEFRONTIER ADIT & GOLDEN POND

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GOLDFIELDS EXPLORATION UPSIDEREGIONAL POTENTIAL

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Commencing January 2010: Exploration of an approximate five kilometre by five kilometre area centered

on the Box Deposit. An Induced Polarization (IP) and Resistivity (DCIP) survey using the advanced

Titan 24 ground geophysical system for acquiring high-resolution results to depths that are unachievable with conventional geophysics or airborne geophysics. The system images to an approximate 700 metre depth.

An extensive drill program designed to test below the currently planned pit design of the Box and Athona Deposits.

Initial drilling of known gold occurrences. Following field data acquisition and the interpretation of three-dimensional

model results from the Titan 24 geophysical program, a second drill will be utilized to drill test selected anomalies that may be indicative of large-scale bulk-tonnage and high-grade vein gold deposits.

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GOLDFIELDS PROJECT – FUTURE PLANS

GOLDFIELDS PROJECT – BOX MINE

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GOLDFIELDS PROJECT – BOX MINEIXHUATÁN PROJECT - MEXICO

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IXHUATÁN PROJECT – CAMPAMENTO RESOURCE

Measured and Indicated Resources

Gold Cutoff Tonnes Average Grade Contained Metal

Gold (g/t) Silver (g/t) Gold (ounces) Silver (ounces)

1.00 9,370,000 2.8 11.5 852,000 3,460,000

Inferred ResourcesGold Cutoff Tonnes Average Grade Contained Metal

Gold (g/t) Silver (g/t) Gold (ounces) Silver (ounces)

1.00 7,130,000 1.6 4.0 374,000 920,000

Measured and indicated oxide gold: 198,000 ounces, avg 3.7 g/t, 0.5 g/t cutoff

Inferred oxide gold: 56,000 ounces, avg 2.7 g/t, 0.5 g/t cutoff

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Ampliacion Pueblo Viejo andLoma Hueca Concessions

Everton can earn a 50% interest in both concessions by completing work commitments, making cash payments, and issuing common shares.

Loma El Mate Concession

Everton has earned a 50% interest in the 5,775 hectare concession.

Everton Resources Inc. may acquire an additional 15% in all three properties, increasing it’s total interest to 65%, by incurring all additional expenditures to the completion of a bankable feasibility study.

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GOLDFIELDS PROJECT – FUTURE PLANSDOMINICAN REPUBLIC JOINT VENTURE WITH EVERTON RESOURCES

Barrick’s

Pueblo Viejo

Gold Deposit

(20+ million ounces)

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Market Enterprise

Reserves &

Resources

EV / Reserves

& Resources

Capitalization Value (EV) P&P M&I Total P&P M&I Total

CompanyShare Price (USD$MM) (USD$MM) (000 oz.) (000 oz.) (000 oz.) ($ / oz) ($ / oz) ($ / oz)

Dynasty Metals & Mining $CA5.45 202 166 n/a 2,704 5,953 n/a 61 28

Keegan Resources Inc. $CA7.04 305 281 n/a 1,820 3,143 n/a 155 90

Linear Gold Corp. $CA2.24 97 53 1,029 1,938 2,482 51 27 21

Premier Gold Mines Ltd. $CA4.00 330 293 n/a n/a 377 n/a n/a 777

Rainy River Resources Ltd. $CA4.44 433 399 n/a 2,217 4,028 n/a 180 99

US Gold Corp. $US2.61 320 275 n/a 2,757 3,377 n/a 100 81

COMPARABLES

Goldfields Project in Saskatchewan will produce 70,000 to 90,000 ounces of gold per year.

Over 1 million ounce Proven & Probable gold reserves (43-101 compliant) at Goldfields.

Linear’s Ixhuatán property in Mexico, hosts a Resource of over 1 million ounces.

Fully funded JV Project with Everton Resources in the Dominican Republic.

Attractive share structure, cash position and strong management.

Plan to grow by strategic acquisition.

Linear Gold provides great leverage to a rising gold market.

Proven financial discipline.

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WHY INVEST IN LINEAR GOLD?

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Corporate Head Office2000 Barrington Street, Suite 501Halifax, Nova Scotia, Canada B3J 3K1902-422-1421

Toronto Office 357 Bay Street, Suite 700, Toronto, Ontario, Canada M5H 2T7416-214-9867

Email: info@lineargoldcorp.comInvestor Relations: (902) 422-1421

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CONTACT LINEAR GOLD CORP

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