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Page 1: Cautionary Statementcdn.ceo.ca.s3-us-west-2.amazonaws.com/1bv800p-BCGold... · 2016-10-04 · Chanape and Pucacorral Properties from Circum Pacific Holdings Ltd. Share issuance to

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Cautionary Statement

Corporate Presentation (Sept, 2016)

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This presentation does not constitute an offer to sell or solicitation of an offer to buy securities of BCGold Corp.

Messrs. Paul Wojdak, P.Geo and Jerry Blackwell, P.Geo., Qualified Persons as defined by National Instrument 43-101, have verified the authenticity and validity of the technical data herein.

FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this presentation and BCGold Corp. does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labor disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals or financing.

Cautionary Statement

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BCGold Closes Peru Transaction

For Immediate Release

BCGOLD CORP.

CLOSES PERUVIAN TRANSACTION AND

2ND TRANCHE OF PRIVATE PLACEMENT

Vancouver, British Columbia, August 4th, 2016 (TSX-V: BCG) –

BCGold Corp. (“BCGold” or the “Company”). BCGold is pleased to

announce that it has received TSX Venture Exchange (or the

“TSXV”) approval and has closed its Peru Transaction, previously

announced on April 14th and subsequently amended on April 20th,

2016. Furthermore, the Company is pleased to announce that it

has closed a second tranche of its $750,000 private placement, an

underlying condition for the Peru Transaction that was increased to

$1,000,000 on July 19th, 2016.

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The Peru Properties

• BCGold has acquired 100% interest in the Chanape and Pucacorral

Properties, comprising a number of contiguous mineral concessions

(5,785 hectares) within the historic Chanape and San Mateo exploration

and mining district, 100 kilometres east of Lima, Peru.

• The Properties overlay 3-separate gold-silver epithermal systems and

there is evidence that these may be cored by distinct and mineralized

porphyry centres.

• The Properties include the Veta Fulvia and the San Mateo silver-copper-

gold mines, and completely surrounds the high-grade Chanape

porphyry / breccia hosted Cu-Au-Ag discovery (formerly owned by Inca

Minerals Ltd. ASX”), which has been demonstrated to extend onto the

Chanape property being acquired by BCGold. Inca spent approximately

$7 million exploring the Inca Property during the past 4 years.

• Recent drilling at the Inca Property returned high-grade intercepts in

outcropping and near-surface epithermal breccias that includes 55

metres averaging 2.3% Cu, 0.6 g/t Au, and 42.9 g/t Ag and 108 metres

averaging 2.0 g/t Au, 41.0 g/t Ag and 0.21% Cu from surface. Sufficient

information has not been received to report true widths.

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The Peru Properties

• Historic and artisanal mines are being evaluated for third party mining

and processing at nearby facilities, such as Nyrstar’s Coricancha mine

and milling complex, 15 kilometres distant.

• Proximal to the giant Toromocho deposit, 30 kilometres to the north,

reported by Minera Chinalco Peru S.A. to contain sub-equal proven and

probable reserves totalling 1.526 billion tonnes averaging 0.48% Cu,

0.019% Mo and 6.88 g/t Ag. (www.chinalco.com.pe/en/operations)

• Augmentation of BCGold’s Board of Directors and the addition of the

highly-experienced and proven Peru exploration and management

group – former executive management of High Ridge Resources Inc.

• BCGold is working to consolidate the Chanape propterties and intends

to advance its Chanape and Pucacorral properties for option by a major

partner through deliberate programs of compilation work, geological

mapping, sampling, geophysical surveys and modeling. The Company

intends to make Peru its primary exploration focus and to actively seek

and evaluate additional copper-gold-silver exploration opportunities.

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• Issued 30 million BCGold shares (subject to a 3 year pooling agreement) plus $60,000 to acquire 100% interest in the adjoining Chanape and Pucacorral Properties from Circum Pacific Holdings Ltd. Share issuance to new directors and subject to 3 year pooling agreement.

• BCGold closed a 2nd tranche of its private placement, totalling $751,000 – August 4th, 2016. The Company expects to close the final tranche of the $1,000,000 private placement by mid-August.

• Approximately 60.0 million shares O/S post transaction. No change in control.

• Addition of 3 Circum Pacific directors to BCGold’s Board and a proven and established Peruvian management group.

• Company’s property portfolio also includes 10-100% owned, and 2-partly owned gold and copper-gold properties in B.C. and Yukon, including 100% owned Engineer Mine.

• Work programs have been initiated on all properties.

The Peru Properties – The Deal

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Board of Directors

• Brian P. Fowler, P.Geo., President & CEO, Director – Founding Director BCGold Corp.

• John Kowalchuk, P.Geo., Independent Director – Geological Consultant, Founding Advisor to BCGold

• Gary W. Anderson – Former President & CEO High Ridge Resources Inc.

• Dra. Jenny Egúsquiza, Independent Director – Partner and Founder – Estudio Egusquiza Law Firm

• Peter Kendrick, MBA, Independent Director* – President – Management & Efficiency Consultants.

• Dr. Adam Szybinski** – Former VP Exploration High Ridge Resources Inc.

* Former BCGold director to be reinstated at next AGM.

** To be appointed to BCGold board at next AGM

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Advisors

• Derek White, CA, Advisor

– Principal – Traxys Capital Partners LP

• Darren O’Brien, P.Geo., Advisor

– Former BCGold VP Exploration

• Robert Kendrick, P.Eng. AMP, Advisor

– Former President & CEO Monarch

Resources Ltd.

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• Brian P. Fowler, P.Geo., President & CEO, and Director – Quadra Mining Ltd., Placer Dome Inc., Quest Capital, Oro

Silver Resources, Reservoir Capital Corp, Laurentian

Goldfields Ltd., RedQuest Capital Corp.

• Paul Wojdak, P.Geo., Vice President Exploration – Former Smithers, BC District Geologist (20 years) for the BC

Ministry of Energy & Mines, Cominco, Westmin Resources

• Gary W. Anderson, General Manager Peru – Former President and CEO High Ridge Resources Inc.

• Dr. Adam Szybinski, Exploration Manager Peru – Former Vice President Exploration High Ridge Resources Inc.

• Bruce Coates, P.Geo., – Engineer Mine Manager – Cominco (Snip Mine)

• Sheri Rempel– Chief Financial Officer – Founder CTB Consulting

• Jacqueline Collins – Corporate Secretary – Global Minerals Ltd., Midnight Sun Mining Corp.

Management Team

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The Chanape and Pucacorral properties are located 100 km east of Lima in the

Huarochiri province of Peru, between 4,200 - 5,200 masl., and 30 km south of

the Toromocho mine. Both properties are readily accessible from Lima by the

paved Central Highway to the town of San Mateo, from which a good gravel

road leads to the properties, about 30 and 25 km respectively. Both properties

are well located with respect to local infrastructure that includes Nyrstar’s

processing plant, 15 km distant.

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The Chanape and Pucacorral

concessions (green on the

map) are held by Circum-

Pacific Holdings Ltd., a 100%

owned subsidiary of BCGold

Corp. Both Properties are

centred on the historic Chanape

and San Mateo mines,

respectively.

Nyrstar’s Coricancha mine,

tenements and bio-leaching

processing plant (photo on left

and yellow area on the map)

are located near the access

road to the projects and only 15

km away.

Great Panther Silver Ltd. (TSX:

GPR) is currently negotiating to

acquire the Coricancha mine

and processing plant from

Nyrstar.

Coricancha Mill

Complex

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The Peru concessions consist of the

100% owned Chanape and

Pucacorral Projects, comprised of 26

contiguous concessions, totalling

5,785 ha.

The Chanape project (green on the

map) totally surrounds the recent

discovery of copper-gold-bearing

breccia and porphyry mineralization,

formerly owned by Inca Minerals Ltd.

(ASX:ICG) (grey on the map)

The Pucacorral project (pink on the

map) encompasses the historic San

Mateo mine and is also highly

prospective for Chanape-style breccia

and porphyry copper-gold

mineralization. All concessions are

registered as private, whereas the

surface rights belong to two outlying

communities.

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The “Chanape Project”, as discussed herein, refers to aspects of both

what was formerly Inca Minerals’ Chanape Project and the Chanape

portion of BCGold’s Peru Properties.

The concept (and discovery) of poly-metallic epithermal breccias

related to a deeper, causative Cu-Au-Mo porphyry intrusion at

Chanape was the brainchild of Mr. Gary Anderson and Dr. Adam

Szybinski, the 2007 management group of Vancouver-based High

Ridge Resources Inc., and current directors and Peru management

group of BCGold Corp.

Inca Minerals’ recently discovered Chanape porphyry was determined

to be the source of a large chargeability anomaly outlined by an

induced polarization survey commissioned by High Ridge in 2008.

Recent work by Inca Minerals indicates that Chanape is a preserved

Cu-Mo-Ag-Au-W porphyry system with a widespread halo of

epithermal-style Au-Ag (Cu-Pb-W) mineralization. This mineralizing

system appears centred on the former Inca concession and extends

outward into BCGold’s surrounding Chanape property.

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Numerous polymetallic gold and

silver veins at Chanape were

mined in the past. A number of

these veins, including half of the

long vein known as Veta Fulvia

extend onto BCGold’s Peru

Properties.

Variably mineralized breccia

pipes associated with these

veins also occur on both

properties, coinciding with wide-

spread porphyry-style alteration.

Top: the central portion of the Chanape project, looking

SE; Bottom: the main portal into the Veta Fulvia vein.

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ASTER multispectral satellite data has

been used to map phyllic and argillic

alteration within rocks of the Chanape

area.

The Aster data provide additional

support for the prospectivity of

BCGold’s Peru Properties, illustrating a

similar pattern of alteration

assemblages as observed on Inca’s

Chanape property.

Similar alteration patterns occur in two

distinct areas of the Peru Properties

outside the former Inca tenements: one

at Cerro Huarascancha and the second,

larger and more pronounced, at Cerro

Molle. Both are typical for a porphyry-

copper setting.

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Chargeability map at 150 meters depth. Resistivity map at 150 meters depth.

(above from High Ridge news releases, 2008)

In 2008, High Ridge conducted 3D IP, SP, and magnetic surveys at Chanape that defined

coincidental geophysical anomalies in the center and north that correlates with

mineralization at surface and at depth. The IP anomalies (pink and red colors) extend to

the southwest, northeast, and at depth, beyond limits of known mineralization. BCGold

plans to conduct a similar geophysical program over the northern portion their Chanape

Project area in 2016.

.

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Left: The -375 metre Chanape magnetic

slice illustrates an extensive annulus that

likely reflects a zone of alteration and sub-

epithermal mineralization associated with an

underlaying porphyry deposit.

This model also indicates that the potential

porphyry deposit extends outward in every

direction from Inca’s higher and central

property, into BCGold’s Chanape project

area.

Above: 2008 magnetic data of HRR,

remodeled by Inca, ASX release, 2012.

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The map above shows a limit of HRR IP data

used by Inca for the model on right.

Above: remodelled High Ridge

chargeability data (in pink) facing NE,

linking four high grade Au-Ag epithermal

zones associated with breccia structures

(indicated by red arrows). The

mineralization model is significantly larger

than its mapped “footprint” on the surface.

From Inca news release, October 2014

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HRR drilling program tested breccia

bodies, as well as polymetallic veins

and larger targets identified previously

by 3D IP survey .

Drill-hole intersects confirmed a

mineralized breccia system from the

surface to at least 200 meters and

open at depth.

Drill holes into the breccia yielded

intervals of >1.00% Cu, 11.95 ppm Au,

1.69% Pb, 91.1 ppm Ag, and 16.50%

Zn.

Anomalous Cu – Au – Pb – Zn - Ag

mineralization was interpreted by HRR

to be associated with a larger porphyry

system.

(HRR news releases March/October, 2008).

In 2008, High Ridge drilled 12 holes from six platforms on the Chanape

project, with a total length of 2,352.5 meters; all holes were entirely

within concessions formerly owned by Inca Minerals.

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Inca spent >A$7 million and drilled

over 11,500 metres at Chanape over

the past 5 years. Inca dropped the

Chanape option in April 2016, citing

an inability to negotiate more

favorable option terms with the

vendor. (a 2016 expenditure

commitment of A$5.33M was due at

year end).

In 2015, the Peruvian Ministry of

Mines granted Inca a 2-year/60

platforms/> 22,000 m drilling permit

valid to mid-2017.

Since then, Inca has been focussing

on an area less than 500m from the

boundary with BCGold’s Chanape

Project area (red circles), where

holes drilled into breccia pipes, have

intersected two porphyry bodies.

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Best drill results to date*:

• 55m @ 2.3% Cu, 0.6 g/t Au, 42.9 g/t Ag

from 155m, including 10m @ 5.35% Cu,

150 ppm Mo, 0.96 g/t Au, 83.7 g/t Ag

• 108m @ 2.0 g/t Au, 41.0 g/t Ag from

surface, including 42m @ 3.3 g/t Au, 34.9

g/t Ag

• 97m @ 0.46% Cu, 100 ppm Mo, 9.5 g/t

Ag from 770m

• Au-Ag rich vein extending vertically for

approximately 200m and open at depth

with Au values up to 18.2 g/t Au and 26.0

g/t Ag (Inca ASX news release 13.10.15).

*Sufficient information is not available to

report true widths. Above: schematic vertical section of Chanape;

Inca ASX news release 23.07.14.

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The metal occurrences together

with anomalous levels of Cu and Mo

(indicative of “hotter” mineralizing

conditions), pervasive porphyry-

style alteration and porphyry

fragments in the breccia are all

strongly indicative of a porphyry

system occurring beneath Chanape.

Left: a schematic NW-SE section

showing a porphyry model applied to

Chanape by Inca. The pale blue shading

indicates known and hypothetical Zn

mineralisation as part of characteristic

epithermal zone.

(from Inca ASX news release, Sept. 24, 2015)

Three styles of mineralization have been identified by Inca in recent drill

holes:

i) Vein-hosted Ag±Cu±Pb±Zn mineralization;

ii) Breccia hosted polymetallic Au+Ag+Zn+Pb mineralization; and

iii) Country-rock hosted Zn+Pb mineralization.

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The Pucacorral project is centred on the San Mateo mine which was explored in the 1950s by Mineral Milpo, a large Peruvian mining company. In 1965, Minera San Mateo, a small Peruvian mining company, had undertaken a mining program within the Pucacorral area with the help of Banco Minero. Mine workings included nearly 800 m of drifts and over 130m of shafts. About 5,600 metric tonnes of mineralized ore were extracted from the veins. In 1970 Banco Minero suspended economic assistance to the company, forcing the company into a receivership.

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The San Mateo mine is located within a northeast-trending epithermal vein

and breccia corridor at least 1.4 km wide and hosted by dioritic intrusives and

brecciated volcanics.

Vein width varies between 0.1 and 3 metres, with localized “blowouts” up

to 20 metres wide and deep.

Looking SE

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In 2008, the San Mateo mine was explored by SRK UK on behalf of the Vancouver-based Journey Resources Corp. SRK took numerous rock chip samples from two main veins on the surface. Samples analyzed by ALS Chemex indicated mineralization with up to 1.0 g/t Au, 45.8 g/t Ag, 2.17% Pb, 12.25% Zn, and 0.14% Cu. (43-101 Report, Silveria Project, SRK UK, 2008)

In 2012-2013, a Peruvian mining company, American Silver SAC, undertook an exploration program within the mine that included mine rehabilitation and underground vein channel sampling. The veins and disseminated mineralization yielded values up to 4.46 oz/t Ag, 7.93% Pb, 5.85% Zn, and 2.48% Cu. (Geological report, American Silver Cia Minera SAC, Peru, 2014)

During the same period, Circum-Pacific, working independently from American Silver, identified a widespread mineralized epithermal vein and breccia system near the mine and on the adjoining concession. Mineralized hydrothermal breccia zones/dykes are associated with the mineralized veins. Dykes host sigmoidal high-grade shoots up to 20 m in length and veinlets of chalcopyrite, bornite, covelite and pyrite in a matrix of quartz and Fe-oxides.

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Similarities between Chanape and Pucacorral are remarkable, and

show that Pucacorral is not just a “proximity play” but also quite likely

an independent porphyry locality, on which there seem to emerge two

potential resource targets: the upper, epithermal gold-bearing veins

and breccias, and the potential lower Cu-Au porphyry target.

Above right: a schematic section through mine showing the relative position of the

upper, epithermal mineralization (i.e. San Mateo mine on left) and the hypothetical

position of the porphyry.

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Historic and artisanal mines will be evaluated for third party mining and

processing at nearby facilities, such as Nyrstar’s Coricancha mine and

milling complex, 15 kilometres distant.

Only two main veins were mined at San Mateo in the 1960s. Preliminary

geological mapping indicates there is excellent potential to define a larger vein

system along strike and at depth. The Company is currently compiling all

available mining and production data to provide a basis for additional

exploration and development at San Mateo.

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The nearby giant Toromocho Cu-Au-Mo porphyry, reported to contain

sub-equal proven and probable reserves totalling 1.526 billion tonnes

averaging 0.48% Cu, 0.019% Mo and 6.88 g/t Ag,

(www.chinalco.com.pe/en/operations) is surrounded by a ring of Pb-Zn

vein deposits that have been mined for 100 years in the Morococha

mining district. Together, these geological features and mineralization

show a strong similarity to the BCGold’s Peru Properties.

In 2007, Toromocho was sold by

Peru Copper to Chinalco, a

Chinese company, for US$840M

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Phase I Budget Estimate

Description Amount (US dollars)

Geophysics (IP & Magnetometer)

Geologists and field supervision (2 Peruvian geologists, 1 consultant)

Local labour (6 field workers, 2 drivers)

Assays & Analyses

Travel, food/lodging

Infrastructure improvements (access roads)

Transportation (2 trucks, incl. gas and maintenance)

Lodging, Camps (fly camps), Food for geologists, drivers, field workers

Supplies (field and office)

Communications

Community support (3 by once a year)

Contingency

220,000

30,000

14,000

12,500

7,500

18,000

16,000

4,000

2,000

1,500

20,000

35,000

Total 380,500

Description Amount (US dollars)

Diamond Drilling – 4000 m at $200/m includes geologists and

support)

Downhole survey every 50 m

Contingency

800,000

15,000

50,000

Total 865,000

Phase II Budget Estimate

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B.C. and Yukon Property Portfolio

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Historic Mill Engineer Mine

Townsite c.1924

Engineer Mine – Yesterday and Today

Mill Complex Level 5 Portal

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Engineer Exploration Model and Upside

• The historic Engineer Mine Property has the earmarks of a large

epithermal gold mineralizing system (bulk tonnage gold and

narrow vein high-grade gold and roscoelite) similar to world-class

epithermal gold systems such as the Porgera (+10M oz Au),

Cripple Creek and Emperor gold deposits.

• Past work and production has focused on narrow vein, high-grade

gold (39 g/t Au) and silver (19 g/t), produced from 8 mine levels

and confirmed to extend below the deepest mine level by BCGold

drilling, mine dewatering, bulk sampling and on-site milling.

• BCGold has spent >$4.5M exploring, developing, and enlarging

the Engineer Mine land package since 2006.

• Excellent exploration potential for additional high-grade gold veins

on the property. More than 25 known veins to date.

• Overall less than 5,000 metres of drilling on the property – mostly

by BCGold.

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Engineer Exploration Model and Upside

• Mine workings access 7 veins, all open at depth. Four veins with

high-grade mineralization above the 5th Level (main haulage).

• Near-mine, narrow-vein upside of up to 100,000 mineable

ounces gold. This can increase substantially with exploration.

• In addition to high-grade gold veins, the property offers excellent

bulk-tonnage gold potential with >8 km of second order shear

structures up to 200m wide.

• BCGold drilling in 2008 defined a continuous low-grade gold-

bearing hydothermal breccia body over a 400 metre strike length

in Shear Zone A, with first-pass drill intercepts up to 0.45 g/t Au

over 34 metres.

• For the first time, BCGold is positioned to drill test 4 separate

bulk tonnage gold targets, radiating from a central intrusive core

immediately south of the mine workings, believed to represent

the heart of the Engineer mineralizing system.

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Exploration and Production Opportunity

• Mine is on patented crown grants with fully permitted tailings

pond and on-site, 30 tpd gravity mill for small-scale, seasonal

gold production.

• Permitted to mine and mill 4,000 tonnes in 2016; permit

renewable on an annual basis.

• In 2011 BCGold test-mined and milled 5 bulk samples totaling

246 tonnes from remnant pillars of the Engineer Vein, producing

826 kg of gold gravity concentrate (containing 68 oz gold) which

was monetized for US$107,000 (Net).

• This work has defined 3 high-grade gold shoots that are “mining”

ready between 5 and 7 Levels, which BCGold is trying to finance

with a $2 million investment.

• BCGold is actively seeking viable means to advance the project

and fund small-scale gold production. These means can include

an outright sale with royalty, turn key, option, gold streaming

arrangement, or combination thereof.

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Engineer Mine Property, B.C.

• Historic high-grade gold-silver mine – (1922- 1928).

• Past production 18,000 oz Au and 8,950 oz Ag in 1920’s.

• Average historic grade of 39 g/t Au and 20 g/t Ag.

• Barge and ice road accessible, 32 km west of Atlin, B.C.

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Engineer Mine Property, B.C.

• >$4.7M expenditures

to date (BCGold).

• Excellent high-grade,

near-term production

and resource

expansion potential.

• >8 km of untested,

2nd order shear

structures known to

host large bodies of

hydrothermal

breccias with low-

grade gold and silver.

• 3,537 ha property

overlays the entire

Engineer Mine Camp.

3,460 ha Mineral Claims

77 ha Crown Grants

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Engineer Mine Property – Shear Zones, Veins,

Surface Drilling & Underground Development (Level 5)

• 5,500 m of underground development on 8 levels.

• 5th Level portal with rail.

• 2 styles of epithermal gold mineralization.

• Narrow high grade veins (0.3 – 3.0 m, >35 g/t Au).

• Broad, low grade shear structures with hydrothermal breccias (0.45 g/t over 34 m).

• Unexplored below 200 m from surface.

• BCGold conducted 1,850 m drill program in 2008 (Shear Zone A), 1,100 m UG drill programs in 2010 (Engineer & Double Decker Veins) & mined and milled 6 bulk samples (246.1 tonnes) as part of a 2011, $1.1 million exploration program.

Hub B

Shear B

Hub A

Shear A

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Engineer Mine Underground Workings, Veins

and Mined Areas

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43-101 Engineer Mine Resource Estimate

Cut-Off Category Vein Tonnes Au (g/t) Contained

Au (oz)

5 g/t Au

Inferred Engineer 30,800 20.6 20,400

Inferred Double

Decker 10,100 13.1 4,400

Total(3) 41,000 19.0 25,000

25 g/t Au

Inferred Engineer 10,400 60 20,100

Inferred Double

Decker 3,600 30 3,500

Total(3) 14,000 52.5 23,600

ENGINEER MINE INFERRED

MINERAL RESOURCE ESTIMATE *

Note: Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability.

* April 18th, 2011 Snowden NI 43-101 estimate

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Fully functional, permitted 30 tpd gravity separation mill on site

Engineer Mine Mill Complex

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Bulk Sampling and Mine Dewatering Programs

• BCGold test-mined and milled 5 bulk samples totaling 246 tonnes

from remnant pillars of the Engineer Vein in 2011, producing 826 kg

of gold gravity concentrate (containing 68 oz gold) which was

monetized for US$107,000 (Net).

• 5th Level bulk sampling in 2011 defined the tops of 2 high-grade gold

shoots in Engineer Vein, estimated to contain up to 17,000 oz. gold

grading between 30 – 60 g/t gold between 5 and 7 Levels.*

• Production drifts already in place on 6, 7 and 8 Levels of Engineer

Vein.

• Successfully dewatered 6 and 7 Levels of underground workings in

2012, confirming gold grade and depth extent of 3 high-grade gold

shoots on Engineer Vein. This further “de-risked” continued high-

grade mining on Engineer Vein.

* The potential quality and grade of this exploration target is conceptual in

nature, as there has been insufficient exploration to define a mineral resource

and that it is uncertain if further exploration will result in the target being

delineated as a mineral resource.

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Engineer Vein Resource, 2011 Bulk Sample

Mining Grades and New Mining Targets

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Engineer Vein, Bulk Sample Gold / Roscoelite

and Gold Stream on Finishing Table (2011)

Gold

0 3 6 9 12 15

cm

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Bulk Tonnage Gold Exploration Potential

• In 2012 and 2014, BCGold acquired options on the adjoining Gold

Hill and Blind Creek Properties, respectively, that overlay the

extension of the Shear Zone A and other 2nd order shear structures

at Engineer Mine.

• BCGold commissioned a property-wide SKYTEM airborne magnetic

and EM survey in 2012.

• This work defined a number of highly prospective drill targets,

including a 1 km X 0.5 km resistivity anomaly on Shear Zone A,

immediately south of the Engineer Mine and a 500 metre circular

magnetic anomaly (intrusion centre) straddling the eastern

boundary of the crown grants. Both targets have never been drill

tested.

• BCGold would like to conduct a $700,000 exploration program in

2016 to further define and drill test these targets and fulfill option

earn in requirements on the Gold Hill and Blind Creek Properties.

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Shear Zone ‘A’ – Bulk Tonnage Gold

Exploration Drill Results and Targets

Previous

Property

Boundary (Adjoining Ground

Acquired in 2013)

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2016 Engineer Mine Proposed Drilling

8 holes – 2,400 m; 4 Bulk Tonnage Targets

New Magnetic High (Intrusive

Stock) Diamond Drill Target

Current Drill Holes

Proposed Drill Holes

Former Property

Boundary

Hub A Silica

Cap

Shear B

Hub B Silica Cap

500 m

Shear “A” Axis

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New Resistivity High (Hydrothermal

Breccia?) Diamond Drill Target

Proposed Drill Holes

Crown Grants

Property Boundary

Current Drill Holes

Hub B Silica Cap

Shear B

Hub A Silica

Cap

2016 Engineer Mine Proposed Drilling

8 holes – 2,400 m; 4 Bulk Tonnage Targets

500 m

Shear “A” Axis

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Shear Zone “A” Resistivity Long Section

High Res Drill

Target Area

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• Historic (1980’s) conventional soil

sampling (upper B Horizon) failed to

identify shear zones and alteration halos.

• In 2012 test MMI lines were completed

over known mineralized segments of the

Shear “A”, Shear “B”, Engineer Vein, Hub

“A” and Hub “B” structures.

• Results showed that MMI positively

identified discrete, moderate to strong,

coincidental Au, Ag, As, Sb and Mo

anomalies.

• New zones identified:

– Hub “B”

– Shear “B” 2 km north of Hub “B”

– Happy Sullivan

• MMI appears to be a proven means to

identify bulk tonnage gold drill targets in

shear zone structures!

MMI Soils (Au)

Over Magnetics

500 m

2012 MMI Test Soil Surveys and Results

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Expenditure Recommended Budget

Comments Hard Dollars Flow-Thru

Diamond

Drilling $480,000 $100,000 $380,000

8 holes, 2,400 m drilling on 4

bulk tonnage targets

MMI Soil

Sampling $100,000 - $100,000

Define drill targets on the

Happy Sullivan Structure

Trenching $60,000 - $60,000 Happy Sullivan Access and

Trenching

Option

Payments $60,000 $60,000 -

Fulfills Gold Hill Option &

Year 1 Blind Creek Option

G&A to Dec.

2016 $300,000 $300,000 -

$1,000,000 $460,000 $540,000

Proposed Engineer 2016 Exploration

Budget and Timeline

2016 Exploration Time Line

Activity Sept Oct

Mobe / Demobe X ---X

Drilling -XXX XX

Soil Survey -XXX XX

Trenching -XXX XX

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Voigtberg - the Heart of B.C.’s Golden Triangle

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Voigtberg Property – Galore Creek Camp

• BCGold Corp. has

conducted $1.0M in

exploration since 2006.

• 100% owned by

BCGold (subject to

$1.2M in additional

expenditures by 2017).

• Available for option.

• 11 diamond drill holes

completed for 1,760m.

• Large, porphyry-style

Au-Cu-Mo alteration

and mineralization

system indicated.

• Gold-rich dacite with

monzonite dykes.

• New Galore Creek road

passes within 5 km of

Voigtberg property.

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Voigtberg Highlights

• Gold Zone:

• 400m x 650m defined by coincident >300 ppb gold-in-

soil anomaly and IP chargeability high

• Defined by drill holes:

• VGT07-10 - 76.4m of 0.4 g/t Au

• VGT06-05 - 51.2m of 1.03 g/t Au

(includes 18.2m of 1.87 g/t Au)

• Moly Zone:

• 200m x 100m molybdenum-in-soil anomaly

• 3 grab samples grading >0.6% Mo

• North Zone:

• 800m x 400m with >250 ppm copper and >100ppm

molybdenum-in-soil anomaly

• All zones are spatially related and open to expansion in

all directions

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Voigtberg Summary

• Drilling, surface and geophysical work suggest a large

hydrothermal system in a porphyry setting.

• 2.5 km x 1.5 km area of porphyry alteration and

mineralization.

• Prospecting and shallow drilling have outlined a gold-rich,

pyritic halo of a potentially larger porphyry system.

• Gold Zone drilling indicates mineralization spatially and

genetically related to orthoclase, megacrystic monzonite

dykes.

• Pseudoleucite identified in drill core suggest a volcanic

center belonging to the Copper Mountain Suite, similar to

Galore Creek.

• Available for option.

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Minto / Carmacks Copper-Gold Properties

• 100% ownership of 11 mineral properties (660 mineral claims for 13,800 hectares).

• Largest landholder in the

district.

• 7 drill-ready properties available for option.

• Properties proximal and

adjacent to Capstone Mining Corp.'s Minto copper-gold Mine and Copper North Mining Corp.'s Carmacks Copper Project, currently at the feasibility stage, 42 km to the south.

• BCGold has discovered 7 copper-gold mineralized zones, incurring exploration expenditures in excess of $4 million over 4 years.

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Minto / Carmacks Copper Gold Properties

A Systematic Exploration Approach

• BCGold drilled 19 holes (4,445 m)

in 2007, 2008, 2010 (Toe, Apex

East, Ice, WS)

• Minto and Carmacks Copper

Trends defined by geochemical

and geophysical surveys over 25

km and 15 km, respectively.

• BCGold Corp. has received

$530,000 in Yukon government

exploration grants (YMEP) since

2006.

• Williams South Property has

$40,000 YMEP grant – 2016.

• 3 properties with NI 43-101

Technical Reports and eligible as

Qualifying Transactions.

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Williams South Property I.P. Chargeability,

Copper MMITM and 2007 / 2008 Drilling

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BCGold Corp. “Discovery Driven”

Contact Information

Brian P. Fowler, P.Geo.

President & C.E.O.

BCGold Corp.

Suite 520

800 W. Pender Street

Vancouver, B.C.

604 – 697-2401