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Cautionary Statement

Cautionary Statement.

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Cautionary Statement

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  1. Cautionary Statement 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. 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 PRESENTATION 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. SCIENTIFIC AND TECHNICAL INFORMATION CONTAINED HEREIN HAS BEEN REVIEWED BY MR. IAN R. SAUNDERS, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF NEW DAWN MINING CORP., A QUALIFIED PERSON IN TERMS OF NI 43-101.

  2. FOCUSED, DRIVEN AND DETERMINED TO BECOME A MAJOR GOLD PRODUCER IN ZIMBABWE

  3. Investment Highlights Zimbabwe focused gold producer with three significant gold camps • Expanding substantial ‘in country’ existing gold assets and operations Targeted objective is to reach consolidated annualized gold production of: • 50,000 to 60,000 ounces of gold within 18 to 24 months • 100,000 ounces of gold within 4 to 5 years Corporate Objective - Become a mid-tier gold producer • 200,000 to 250,000 ounces of annualized gold production based on existing gold assets currently owned and operated

  4. ZIMBABWE - COMPELLING INVESTMENT OPPORTUNITY • Exceptional opportunity present in Zimbabwe • Excellent risk/reward compared to recent first world experiences • Developing economies are growing much faster than first world economies • Emerging world no longer means just high risk – simply higher rewards in an already volatile market • Strong GDP growth forecasted - Zimbabwe is set to see the benefits of an emerging economy – previously the ‘bread basket of Africa’ • Zimbabwe is geologically rich – under-developed – under-explored • Large opportunity for exploration, including past gold producing mines with new capital and current technology

  5. Indigenization and The Chamber of Mines Indigenization Economic Empowerment ‘IEE’ requires foreign firms to have at least 51% shareholding by local Zimbabweans • Chamber of Mines suggests indigenous investors in the sector should hold a minimum of 15% in foreign-owned mines • Balance to make up 51% to be comprised of equity equivalents Indigenization regulations are being formulated and once established will bring certainty to the market Government has no intention of expropriating the mining industry. No mine has been nationalized since independence. The record speaks for itself. “ ” • President Mugabe, ZimbabweThe Herald, June 3, 2010

  6. THREE PHASE GROWTH STRATEGY • PRODUCTION EXPANSION • Profitable Turk Mine • Current Production – 15,000 oz Au/annum • 35,000 to 50,000 oz potential • Cash costs: US$653 per oz (F- Q3) • Large independently audited gold resource • 20+ year mine life EXPLORATION • 3 new zones being drilled at Turk Mine • Ultimus - RBK claims optioned by New Dawn • Dalny, Golden Quarry, Camperdown held in CAG CONSOLIDATION/ACQUISITION • Acquired 89% of Central African Gold Plc‘CAG’ • Now owns a major gold mining operation in Zimbabwe • Economies of scale (3 significant gold camps) • Adds significant exploration lands with Blue Sky potential

  7. CORPORATE STRUCTURE 89% CONTROLLING INTEREST 100% OWNERSHIP TURK AND ANGELUS MINES 100% OWNERSHIP 85% OWNERSHIP OLYMPUS GOLD MINES LTD. FALCON GOLD ZIMBABWE LTD. • Old Nic • Camperdown • Dalny • Golden Quarry (current processing plant for Camperdown) • Venice (dump)

  8. LOCATION MAP THREE SIGNIFICANT GOLD CAMPS WITHIN A 300KM RADIUS KARIBA HARARE Dalny Mine HWANGE Venice Mine MUTARE GWERU Golden Quarry Mine Turk and Angelus Mine Camperdown Mine BULAWAYO LEGEND Old Nic Mine BULAWAYO GOLD CAMP MAJOR TOWNS GWERU GOLD CAMP MAJOR GOLD MINES (<10000KG AU) KADOMA GOLD CAMP CAG MINES BEITBRIDGE NEW DAWN MINE GREENSTONE BELTS

  9. GOLD MINING OPERATIONS IN ZIMBABWE A PORTFOLIO OF MINES IN THREE SIGNIFICANT GOLD CAMPS BULAWAYO GOLD CAMP GWERU GOLD CAMP KADOMA GOLD CAMP CAMPERDOWN GOLDEN QUARRY TURK AND ANGELUS DALNY VENICE OLD NIC

  10. TARGETED GROWTH OF ANNUALIZED GOLD PRODUCTION 200,000 – 250,000 100,000 50,000 – 60,000 15,000 CURRENT PRODUCTION 18 TO 24 MONTHS 4 TO 5 YEARS LONG-TERM OBJECTIVE

  11. Experienced Management Ian R. Saunders, BSc – President and CEO • Resident of Zimbabwe • 19 years mining experience with over 14 years at the Turk and Angelus Mines • Originally Chief Metallurgist at Turk Mine - promotion to GM in 1997 • 2006 appointed President and COO of the Corporation • 2008 appointed CEO and Director of the Corporation • Past President of the Zimbabwe Chamber of Mines Graham R. Clow, CA, BSc – Chief Financial Officer • Over 25 years of experience • 2005 appointed Chief Financial Officer of the Corporation Richard G. Buzbuzian, BA – Investor Relations • 15 years of principal and advisor roles to public and private companies • Extensive corporate finance, communications, and investor relations experience • Relationships with investment firms in Canada, the USA and Europe

  12. International Board of Directors Robert N. Weingarten, BA, MBA – Non-executive Chairman • CFO of New Dawn from July 2000 to August 2005 • President from October 2002 to August 2005 • Since August 2006 Non-executive Chairman • Maintains various business interests internationally Philip G. MacDonnell, BA (Hons), CA • 25 years of industry experience • Founding partner of Loewen Ondaatje McCutcheon & Co. Ltd. • Past Director: Vancouver Stock Exchange Divo Milan, MBA • 20 years international experience in corporate finance, investment and merchant banking • CEO of Investigaction Estrategica, Mexico City merchant banking firm • Board positions in Mexico and abroad

  13. International Board of Directors Dr. Jon North, BSc, MSc, PhD • International exploration geologist over 20 years of experience • President and CEO of Northquest Ltd. TSX.V - NQ • Chairman of Continental Nickel Limited, exploration company listed on the TSX.V - CNI • Director of Bridgeport Ventures Inc. TSX.V – BPV Bryce Fort, B.S Computer Engineering - ‘Designate’ • Managing Director and founding Partner of Emerging Capital Partners (“ECP”), Washington D.C. • ECP is a leading private equity firm focused on investing in Africa; 1st African private equity firm to raise more than $1.8 B • 2002 with Deutsche Bank AG’s European Healthcare Corporate Finance Group • Board of Directors positions with Cellcom Ltd. and Wananchi Group Holdings

  14. Financial Highlights

  15. Capital Structure

  16. CONCLUSION • A Zimbabwe focused gold producer advancing production and development of 3 significant gold camps • Gold production targets on an annualized basis • 50,000 to 60,000 gold ozs in 18 to 24 months • 100,0000 gold ozs in 3 to 4 years • 200,000 to 250,000 ozs in 5 to 7 years • Normalized cash costs estimated at under US$600 per gold oz • Six high priority exploration targets • Proven track record of ‘in country’ operating success • Key management resides in Zimbabwe • 100% of gold sales collected in US dollars • Very favorable risk/reward opportunity in today’s global economy • Significantly under-valued relative to peers

  17. APPENDIX A - TURK AND ANGELUS MINE • Location: 80 km north east of Bulawayo • Currently producing 14k to 15k ozs of gold per annum at 580 tonne per day facility • Expanding to 22k to 23k oz of annualized production • New 3MVA power generators being installed • Maximum output capacity estimated at 35k to 50k oz of annualized gold production • Significant independently audited gold resource base at 4 to 6 gpt gold • 950+ employees • 11+ years of reserves • 20+ years life of mine at maximum output • Anticipated cash costs <$600 US per oz ZIMBABWE Turk and Angelus Mine BULAWAYO OPPORTUNITY TO EXPAND PRODUCTION UP TO 50K OZ PER ANNUM AND INCREASE RESOURCE BY 1.5 TO 2M GOLD OUNCES THROUGH EXPLORATION AND INFILL DRILLING

  18. APPENDIX A - THE OLD NIC MINE • Location: the eastern part of Bulawayo (one of the oldest gold mines in Matabeleland) • Consists of 17 claims • The claims are 100% attributable to Olympus • Historical production (to 2006) was 0.290M oz of gold from 0.98M tonnes of ore treated at a grade of 9.44 g/t. • Currently an estimated two year life • Opportunity for disposition or joint venture ZIMBABWE BULAWAYO Old Nic Mine OPPORTUNITY TO RESTART PRODUCTION AND EXPAND LIFE OF MINE THROUGH EXPLORATION, DRILLING, AND EMPLOYING MODERN EXPLORATION TECHNIQUES

  19. APPENDIX A - THE DALNY MINE • Location: approximately 175km southwest of the capital, Harare • Consists of greater than 3,500 claims • Strike length of approximately 25 kilometers • The claims are 100% attributable to Falgold • Underground operation with an associated ore treatment plant and the potential for gold recovery from tailings material • Historical production (to 2006) was 2.44M oz of gold from 10.2M tonnes of ore treated at a grade of 7.42 g/t • Under-explored offering exceptional opportunity ZIMBABWE Dalny Mine OPPORTUNITY FOR DEVELOPMENT OF A NUMBER OF OPEN-PIT, MEDIUM-GRADE, BULK-MINING OPERATIONS WITHIN THE GREATER DALNY SHEAR ZONE – LARGE BLUE SKY POTENTIAL

  20. APPENDIX A - THE VENICE MINE • Location: approximately 28km south of Kadoma • Consists of over 2,500 claims and numerous exploration targets • 100% attributable to Falgold • Capacity to process 18,000 tonnes of ore per month • Currently on care and maintenance • The mine has a modern metallurgical facility • Historical production (to 2002) was 0.318M oz of gold from 2.5M tonnes of ore treated at a grade of 3.77 g/t ZIMBABWE Venice Mine OPPORTUNITY – HIGH PRIORITY TARGET IN TERMS OF EXPLORATION, WIDE RANGE OF POTENTIAL WITH EXISTING COMPLEX HAVING CAPACITY TO PROCESS 18,000 TONNES OF ORE PER MONTH

  21. APPENDIX A - THE CAMPERDOWN MINE • Location: northeast of Shurugwi, approximately 30km southeast of Gweru • Consists of 9 claims • The claims are 100% attributable to Olympus • The Camperdown Mine previously produced ore material from both a dual open pit and an underground mining operation ZIMBABWE GWERU Camperdown Mine OPPORTUNITY TO MEET A SIGNIFICANT PORTION OF EXPANDED PRODUCTION TARGETS WHILE DEVELOPING NEW ADDITIONAL GOLD RESOURCES AT VERY LOW COSTS

  22. APPENDIX A - THE GOLDEN QUARRY MINE • Location: approximately 180km northeast of Bulawayo • Consists of over 1,250 claims • The claims are 100% attributable to Falgold • Production is sourced from a dual open pit (low grade to heap leach) and underground (milling – CIL) operation • Mine complex consists of an underground operation with a dedicated milling circuit and beneficiation plant ZIMBABWE Golden Quarry Mine GWERU OPPORTUNITY TO QUICKLY RESUME MINING AND PROCESSING OF GOLD WITHIN THE NEXT 12 MONTHS WITH VERY LOW PROJECT CASH COSTS PER GOLD OUNCE PRODUCED

  23. Exploration at Turk and Angelus Mines Batyali Section Exploration Zone • ~ 240 meters in down dip depth • 100 meters of strike having average reef width of ~ 2.5 to 3.5 meters • To contain ~ 650,000 to 900,000 tonnes of mineralized material MVS – Armenian Section Exploration Zone • ~ 100 meters in down dip depth • 200 meters of strike having average reef width of ~ 2.5 to 3.5 meters • To contain ~ 550,000 to 750,000 tonnes of mineralized material Angelus Section Exploration Zone • ~ 90 meters in down dip depth • 100 meters of strike having average reef width of ~ 2.5 to 3.5 meters • To contain ~ 180,000 to 250,000 tonnes of mineralized material

  24. NEW DAWN EXPLORATION – RKB and LADVILLE Ultimus Project • Located in Shurugwi Mining District • Broad Geo Chemical Anomaly • Anomaly measuring 26.74 hectares • Excellent Open Pit Potential RKB Property • Located in Shurugwi Mining District • Excellent Geo Chemical Samples • Open Pit Potential ULTIMUS PROJECT RKB PROPERTY

  25. CAG EXPLORATION – FALGOLD AND OLYMPUS DALNY VENICE Dalny Mine 25 km Shear Zone Numerous gold deposits Under explored Presence of artisanal miners Venice Mine Large Claim Area Multiple Exploration targets Currently under-explored

  26. CAG EXPLORATION – FALGOLD AND OLYMPUS Camperdown Mine • Large Geological System • Mainly Open Pit • Excellent potential for further resources Golden Quarry Mine • Opportunity to expand open pit • Potential at depth also present • Under-explored CAMPERDOWN GOLDEN QUARRY

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