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

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Presentation on theme: "An Emerging Junior Zimbabwe, a RE-EMERGING African Producer. Title Slide."— Presentation transcript:

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

2 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

3 3 Section 1 – Corporate Overview Section 2 – Strategic Overview Section 3 - Asset Portfolio Section 4 – Concluding Remarks PRESENTATION OVERVIEW

4 4 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 – 13 th June 2008, Symbol – ND IPO Price C$1.80, Pre-money Valuation C$52M IPO Raise C$6M before expenses. COMPANY OVERVIEW

5 5 Ian Saunders, President & CEO Over 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., CFO Over 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

6 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 6

7 CAPITAL STRUCTURE Basic Shares200,000,000 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

8 SELECTED FINANCIALS Fiscal Year End (US$ 000s) 30-Sep-200730-Sep-200630-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) 13,78413,34114,755 Average Rev per oz $ 655$ 576$ 433 Cash costs per oz $ 469$ 342$ 244 8

9 9 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

10 STRATEGIC OVERVIEW 10 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.

11 TRANSLATION OF LABEL 11  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.  M arket significant – Current Targets : 100K ounces production, 500K to 1M onz Reserves & 5M onz Resource size.

12 WHERE THE ASSETS CURRENTLY ARE 12 Zimbabwe South Africa

13 Zimbabwe has been a Prominent historical Gold producer in Africa. Historically 2 nd largest producer in Africa (currently 7 th ). 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 13

14 ZIMBABWEAN ASSETS 14

15 15 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 2006  13,784 oz. produced in 2007

16 TURK MINE NI 43-101 Compliant Report (SRK) >1,000,000 Oz of Reserves & Resources SRK states:" not unreasonable to expect that between 1.5 and 2 million ounces … excluding the current total Resource & Reserve inventory…” 16

17 SOUTH AFRICAN ASSET 17

18 18  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

19 $3 Million Work program 95% complete 19

20 20 Reserves & Resources Opening Balance at 1 October 2006 Closing Balance at 30 June 2007 Turk MineMass t Grade g/t Au ozMass t Grade g/t Au oz Probable657,0003.8180,700655,0003.7078,000 Proved431,0004.3761,300438,0004.2260,500 Indicated3,295,0005.47553,5003,247,0005.41565,000 Angelus Mine Inferred37,0007.559,000109,0005.0917,800 Indicated147,0007.3834,900176,0006.7538,200 Total 739,400 759,500 Turk Mine Inferred 1,812,0005.27300,6001,942,0005.13320,200 NI 43-101 Compliant Reserves & Resources

21 21 AN ATTRACTIVE OPPORTUNITY Under valued compared to Peers. *Enterprise Value = Market Cap. + Debt + Preferred Shares + Minority Interest + Deferred Tax - Cash

22 22 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

23 QUESTIONS ? Contact – Ian Saunders, President & CEO or Darryl Harding, Corporate Affairs www.newdawnmining.com +1.416 585 7890


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