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 Long term fundamentals for gold remain strong – recent pull back in price presents a buying opportunity for serious investors  Gold represents a store.

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Presentation on theme: " Long term fundamentals for gold remain strong – recent pull back in price presents a buying opportunity for serious investors  Gold represents a store."— Presentation transcript:

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2  Long term fundamentals for gold remain strong – recent pull back in price presents a buying opportunity for serious investors  Gold represents a store of wealth and an inflation hedge during prolonged periods of economic upheaval  Focus on assets in producing/previously producing areas and in politically and economically stable jurisdictions – de-risking the exploration phase  Initial focus on four highly prospective gold properties in producing areas of Queensland, Australia  Wider strategy to become a consolidator of viable gold resources globally  Opportunity to build a portfolio of assets to consolidate a significant global mineral footprint and deliver shareholder value  Led by a team of highly experienced directors with a proven track record of rapidly growing businesses through acquisition  If you are familiar with Sirius Minerals that went from $2M to $200M, Wishbone is the same team with the same business model. Wishbone Gold Plc is US listed company trading on the OTC ADR exploration and development company focused on gold and silver assets – early stage exposure to the precious metals industry: 1

3 Recent Press Release 29 July 2013 http://m.londonstockexchange.com/exchange/mobile/news/detail.html?announcementId=11659317 Wishbone Gold Plc ('Wishbone Gold' or 'the Company') Positive Exploration Update on Second Prospect on Wishbone II Project Wishbone Gold plc, an exploration and acquisition company focused on precious metals, is pleased to announce that its recent exploration program, which included geochemical sampling and ground magnetic surveying, has highlighted the potential for gold and multi-element mineralization at Oaky Mill, a second prospect on its 100% owned, Wishbone II project in Queensland, Australia. This announcement follows the positive update regarding the Hanging Valley Prospect on 17 July 2013, and is in line with the Company's strategy to acquire and prove up licenses located in regions known for significant precious metal mineralization. 2

4  Ground magnetic survey shows Oaky Mill to be located on the major gold-bearing system that runs north west from the producing Mt Wright-Ravenswood gold mine  Geochemical sampling confirms the presence of high grade gold at Oaky Mill in line with historic sampling results  3.5 g/t gold (Au); 5.6 g/t silver (Ag) as well as elevated copper (Cu) in the 0.1% to 0.2% Cu range returned from one rock chip sample  Five out of seven rock chip samples taken recovered greater than 0.2 g/t Au  Elevated results returned from minus-80 mesh-sieved stream sediment sampling  Two of the eleven samples collected reporting Au above the elevated threshold of 50 ppb Au up to strongly anomalous 980 ppb Au  Forward plan to further delineate the surface gold anomalies and features identified to define suitable drilling targets Highlights 3

5  Pull back in gold price presents a buying opportunity for long term investors in gold  History tells us that big bull markets often involve big pull-backs – most recently, in 2008, gold suffered an even sharper drop, before rising 165% higher  Fundamentals for gold remain strong as a hedge against inflation and currency depreciation  Treasuries worldwide are increasing the proportion of gold within their reserves as confidence in US dollar dominated assets wanes  In 2012 net gold purchases from world’s central banks increased to 536 tonnes equating to a swing in demand of 1,000 tonnes of gold in just three years. Gold has been a traditional safe haven against inflation and against the massive printing of money worldwide and the debasement of currencies  Ajay Bagga, head of private wealth management, Deutsche Bank: "The currency story is an unfinished one. There's going to be debasement, as there's an undeclared currency war to depreciate currencies and boost exports across the globe.”  The U.S. Mint sold 209,500 ounces of gold coins last month, the most since December 2009  Central banks may buy as much as 550 tons this year after adding 534.6 tons in 2012, according to the London-based World Gold Council  Prices are unlikely to stay low as scrap supply would dry up to a large extent creating a shortage in physical supply, and a resurgence in the gold price 4

6 The gold price has always followed the marginal cost of suppliers throughout history Based on the current marginal cost of gold production (approximately $1,300/oz), the gold price should not drop further 5

7 Wishbone Gold Plc (Gibraltar) AND Wishbone Gold Pty Ltd (Australia) PROPERTIES: Wishbone II, Wishbone III, Wishbone IV, and White Mountain The plan is to begin mining operations in the next 3 to 4 years and in the meantime acquire more properties that are producing gold currently 6

8 (Click chart for real time quote) 7

9 A new opportunity to gain early-stage exposure to the gold market  Four high quality gold properties in Queensland, Australia, already secured and an aggressive acquisition strategy in place  Aim to become a consolidator of quality gold assets globally – utilizing modern exploration techniques and existing databases to rapidly enhance value  Proven Board with a breadth of experience across mining industry and corporate development  Track record of creating value for shareholders – Board’s most recent accomplishment was rapidly growing Sirius Minerals from a market capitalisation of £2 million to £200 million  Active pipeline of news flow anticipated for the remainder of 2013 8

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