Gold & Base Metal Targets in the Dominican Republic Energold Mining Ltd. H. Walter Sellmer, President Frederick W. Davidson, CFO EGD-V

Energold Mining Ltd. VSE-listed junior 14.3 M shares (17.4 M fully diluted) past year hi-low: $0.90-$0.30 Current Assets: $2.25 M Jan. 15, 1998 to Jan.15, 1999 share price

The Dominican Republic The D.R. hosts the world class Pueblo Viejo gold deposit EGD has been active in the D.R. for the last 3 years

Longyear Concession Oxide gold target Held by Casa Real, S.A., a 100% EGD- owned Dominican company

Longyear Concession

700 x 1600 meter >50 ppb gold in soil anomaly soil & rock anomalies underlain by strong IP/Resistivity anomalies >245 outcrop, pit & trench samples average >1 g/t gold over a 300 x 700 meter area the first 400 m of trenching shows multi-gram gold values over 5 to 25 m, in longer sections averaging > 1 g/t gold 1000 meter diamond drill program to assess the oxide gold potential is underway

San Antonio I Concession Gold-rich VMS target Held by Minera Hispaniola, S.A., a 100% EGD-owned Dominican company Property optioned to ATNA Resources Ltd.

San Antonio I Concession

Gold & copper in soil & rock anomalies over a 6.5 km strike length IP/Resistivity anomalies coincident with soil anomalies Previous drilling intersected massive sulphide grading 1.18% copper, 0.53% zinc, 0.7 g/t gold & 9 g/t silver over 15.6 meters Surface program underway, 2000 meter drill program with J.V. partner Atna Resources planned for early spring

Baritina Concession Structurally hosted gold- silver-zinc target Held by Minera Monte Plata, S.A. EGD holds a 60% back-in to MMP

Baritina Concession

Four mineralized zones have been identified in a 0.5 x 1.4 km area Structural component recognized, with mineralization at the intersection of NW and NE trending structures Preliminary surface results include 1.8 g/t gold, 36.4 g/t silver and 0.72% zinc over 32 meters and 5.6 g/t gold over 2 meters Work to date indicates further surface work is warranted to assess this high-quality target prior to drilling

Rey Midas Concession High sulphidation epithermal gold target Held by Actividades Mineras, S.A. EGD has a right to earn 60% of AMSA

Rey Midas Concession

Mineralization at Rey Midas occurs along strike from the Managua Project, with a mineral inventory of 6 Mt grading 0.81% copper, 2.2 g/t gold, 5.7 g/t silver Pyritic sediments of the Pueblo Viejo Member of the Los Ranchos Formation crop out at Rey Midas High sulphidation epithermal alteration assemblage is present at Rey Midas Further surface work required prior to drilling testing this high sulphidation epithermal gold target

Summary EGD holds a strategic land position in the D.R., with gold & base metal targets Drilling is underway at Longyear & planned for early spring at San Antonio I