an emerging junior zimbabwe, a re-emerging african producer. title slide

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An Emerging Junior An Emerging Junior Zimbabwe, a RE-EMERGING Zimbabwe, a RE-EMERGING African Producer African Producer . .

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Page 1: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

An Emerging Junior An Emerging Junior

Zimbabwe, a RE-EMERGING Zimbabwe, a RE-EMERGING

African ProducerAfrican Producer..

Title Slide

Page 2: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

This presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performances of New Dawn, the Material Mineral Properties, the future supply, demand, inventory, production and price of gold and other precious minerals, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, development costs for the Material Mineral Properties, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation and rehabilitation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of litigation and regulatory matters. Often, but not always, forward-looking information statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of New Dawn to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, those factors discussed in the section entitled “Risk Factors” in this prospectus. Although New Dawn has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this prospectus based on the opinions and estimates of management, and New Dawn disclaims any obligation to update any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise, except as required by applicable securities legislation. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, potential investors should not place undue reliance on forward-looking statements. 2

FORWARD LOOKING STATEMENTS

Page 3: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

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Section 1 – Corporate Overview

Section 2 – Strategic Overview

Section 3 - Asset Portfolio

Section 4 – Concluding Remarks

PRESENTATION OVERVIEW

Page 4: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

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Formerly Casmyn Corp. (Nevada Corporation) & post Chap 11, Resource Ventures Inc.

Private Placement and Migration to British Columbia August 2006.

Prior to listing moved to Federal Jurisdiction in Canada.

Listed on TSX – 13th June 2008, Symbol – ND

IPO Price C$1.80, Pre-money Valuation C$52M

IPO Raise C$6M before expenses.

COMPANY OVERVIEW

Page 5: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

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Ian Saunders, President & CEOOver 17 years experience in senior management roles within the African mining industry (including 10+ years with New Dawn). Has had responsibilities in technical, managerial and executive positions in mining projects in Southern Africa.

Graham Clow, C.A., CFOOver 30 years experience as a public accountant working with varied clientele including consulting to SouthernEra Resources Ltd, a publicly listed mining exploration company.

Robert Weingarten, (Chairman)A consultant and advisor to numerous public companies and is inactive Certified Public Accountant. Former President and CEO of Resource Ventures, Inc.

BOARD & MANAGEMENT

Page 6: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

DIRECTORS

Additional business, mining and financial expertise will shortly be added to the Board & Management

Divo Milan – (+Audit Committee)Chief Executive Officer of Investigacion Estrategica, a merchant banking firm in Mexico City.

Dr. Jon North Ph.D.,– (+Audit Committee)Chairman of Continental Nickel Limited, a TSXv listed mineral exploration company and past CEO of North Atlantic Resources, a TSX listed company.

Ian Saunders (President, CEO & Member of the Board)

Robert Weingarten Chairman – (+Audit Committee)

International and Experienced

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Page 7: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

CAPITAL STRUCTURE

Basic Shares 200,000,000 29,014,690 Options    

Expiry Strike (US$) Quantity

30-Sep-2011 $ 0.5872 1,601,715

9-Sep-2011 $ 0.5872 248,330

1,850,045

Warrants    Expiry Strike (US$) Quantity

10-Sep-2011 $ 0.5870 744,983

Total Fully Diluted Shares Outstanding 31,609,718 7

Page 8: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

SELECTED FINANCIALS

  Fiscal Year End

(US$ 000s) 30-Sep-2007 30-Sep-2006 30-Sep-2005

Revenues $ 9,023 $ 7,678 $ 6,385

Net Income $ 1,265 $ 825 $ (388)

EPS (Basic & Diluted,PreSplit) $ 0.23 $ 0.22 $ (0.11)

Cash & Equivalents $ 2,844 $ 3,270 $ 253

Total Assets $ 18,600 $ 16,227 $ 11,291

Shareholders’ Equity $ 14,505 $ 12,607 $ 8,384

Production (oz) 13,784 13,341 14,755

Average Rev per oz $ 655 $ 576 $ 433

Cash costs per oz $ 469 $ 342 $ 244 8

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Healthy Balance Sheet: Cash balance at June 08 : US$ 6.2M Working Capital at June 08 : US$ 9.8M No debt (other than inter company) – RBZ & SARB

registered loans. No Asset Backed Securities. No Forward Sales or Hedging.

CURRENT FINANCIAL INFO

Page 10: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

STRATEGIC OVERVIEW

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New Dawn is in the business of mining, exploring and developing mineral resource properties.

Market Label :- An Exploring Producer.

In commodities that are well researched, clearly understood, transparent and significant.

Relevant Operating Knowledge - focus in countries of similar geology, language, laws, norms and cultures.

Projects will be considered through full value spectrum but targets are always judged against existing assets and must have enhanced potential for success. We have a DEFINED priority path.

Value is to be market significant, time based and deliverable.

Page 11: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

TRANSLATION OF LABEL

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An Exploring Producer – Producing at Turk Mine, Near Producer at Blue Dot Mine, Advanced Exploration at Angelus and extensive land holdings in Zimbabwe with pipeline developing in South Africa.

Commodities – Primary Focus – Gold, Secondary – Platinum.

Relevant Operating Knowledge – Broadly in SADC Countries – currently Zimbabwe & South Africa.

Projects – Value Spectrum – Organic Growth at Turk, Near Production at Blue Dot, Brown Field at Angelus, Shortly having definition drilling on new prospect in Zimbabwe and so on. will be considered through full value spectrum but targets are always judged against existing assets and must have enhanced potential for success. We have a DEFINED priority path.

Market significant – Current Targets : 100K ounces production, 500K to 1M onz Reserves & 5M onz Resource size.

Page 12: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

WHERE THE ASSETS CURRENTLY ARE

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Zimbabwe

South Africa

Page 13: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

Zimbabwe has been a Prominent historical Gold producer in Africa.

Historically 2nd largest producer in Africa (currently 7th).

Has a mining culture, skilled work force and sound infrastructure.

Extensive Geological Prospectivity – modern exploration methods yet to be applied.

Near Term Change Expected in Political & Economic Fortunes.

WHY ZIMBABWE

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Page 14: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

ZIMBABWEAN ASSETS

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Page 15: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

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TURK MINE

Effective management of political, economic, social aspects of operating in Zimbabwe

Well-connected at all levels

Scalable to handle much larger operations

Operational gold mine with a 80 year operating history 13,341 oz. produced in 200613,784 oz. produced in 2007

Page 16: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

TURK MINE

NI 43-101 Compliant

Report (SRK)

>1,000,000 Oz

of Reserves & Resources

SRK states:" not unreasonable to expect that SRK states:" not unreasonable to expect that between between 1.5 and 2 million ounces1.5 and 2 million ounces … … excluding the current total Resource & excluding the current total Resource & Reserve inventory…”Reserve inventory…”

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Page 17: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

SOUTH AFRICAN ASSET

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Page 18: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

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Blue Dot Mine currently in exploration and development mode.

NI 43-101 Compliant Report

Fully BEE compliant investment.

Processing Plant being Wet Commissioned.

BLUE DOT MINE

Page 19: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

BLUE DOT MINE

$3 Million Work program 95% complete 19

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Reserves & Resources

 Opening Balance at

1 October 2006Closing Balance at

30 June 2007

Turk Mine Mass tGrade

g/t Au oz Mass tGrade

g/t Au oz

Probable 657,000 3.81 80,700 655,000 3.70 78,000

Proved 431,000 4.37 61,300 438,000 4.22 60,500

Indicated 3,295,000 5.47 553,500 3,247,000 5.41 565,000

Angelus Mine            

Inferred 37,000 7.55 9,000 109,000 5.09 17,800

Indicated 147,000 7.38 34,900 176,000 6.75 38,200

Total     739,400     759,500 

Turk Mine Inferred 1,812,000 5.27 300,600 1,942,000 5.13 320,200

NI 43-101 Compliant Reserves & Resources

Page 21: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

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AN ATTRACTIVE OPPORTUNITY

Under valued compared to Peers.

*Enterprise Value = Market Cap. + Debt + Preferred Shares + Minority Interest + Deferred Tax - Cash

Enterprise Value $ per Ounce of Mineral Inventory

$91

$67

$166$167

$64

$11

$-$20

$40$60$80

$100$120$140

$160$180

San Gold Wesdome Independent AnalysisProducers Median (13-

Aug-2008)

Golden Star Res. Independent AnalysisPre Production (1-Aug-

2008)

New Dawn Mining

Can

adia

n$

Page 22: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

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THE RIGHT TIME TO INVEST

Well placed to be leading beneficiary of Zimbabwe’s economic recovery.

Significant asset base – both Reserve and Resources as well as physical infrastructure to benefit from rising gold prices.

Extensive land holdings in a focused area of influence who’s exploration and development can be ramped up quickly.

Management has demonstrated its ability to operate in the current challenging environment.

Growing to significant levels production out of cash flow.

CONCLUDING REMARKS

Page 23: An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide

QUESTIONS ?

Contact – Ian Saunders, President & CEO or Darryl Harding, Corporate Affairs

www.newdawnmining.cwww.newdawnmining.comom

+1.416 585 7890