Gold & Base Metal Targets in the Dominican Republic

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

2. 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

3. 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

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

5. Longyear Concession

6. Longyear Concession

7. Longyear Concession

8. 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

9. 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.

10. San Antonio I Concession

11. 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

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

13. Baritina Concession

14. 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

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

16. Rey Midas Concession

17. 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

18. 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