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Mine South America: Focus on Colombia June 17, 2010

Mine South America: Focus on Colombia June 17, 2010. Forward Looking Statement.

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Mine South America: Focus on Colombia June 17, 2010

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  1. Mine South America: Focus on Colombia June 17, 2010

  2. Forward Looking Statement The statements made in this presentation may contain forward-looking statements that involve risks and uncertainties, which may prevent expected future results from being achieved. Forward- looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe", "anticipate", "expect", "estimate", "project", "will be", "will continue", "will likely result" or similar words or phrases. Forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements. All dollar figures are in US dollars unless otherwise indicated. TSXV: EEL

  3. Overview • Experienced management and geologic team • 200 years of expertise with over 20 different companies • Discovery experience from both majors and juniors • Extensive experience in Latin America • Focus on two significant gold projects : • Advanced Stage Exploration Company • Immediate Opportunity: • San Simon Project, Bolivia, NI 43-101 • Continuing Opportunity: • Fredonia - Marmato Area, Colombia TSXV: EEL TSXV: EEL 3

  4. Gold is setting up for the perfect storm TSXV: EEL

  5. Business Plan: Timing the Point of Sale EEL Sale of Asset TSXV: EEL

  6. Management Team and Directors Hans Rasmussen,President, COO, Director: Newmont, Rio Tinto/Kennecott, juniors Paul Zdebiak, VP Corporate Development, Director: Commodities, markets, company building. Dr. Odin Christensen,Director, QP: Newmont Chief Geologist, Director Carl B. Hansen, Director: CEO Atacama Pacific Gold Corp; Ex-President and CEO Andina; also INCO, TVX Gold, Kinross Dr. Thomas Henricksen, Director: Bear Creek, Rio Tinto/Kennecott, juniors. Bill Jung, Chief Financial Officer: TSX-Venture companies, entrepreneur Sean Sullivan: Consultant, Finance and Corporate Development TSXV: EEL TSXV: EEL 6

  7. Share Structure TSXV: EEL TSXV: EEL

  8. Why Colombia? Least explored of the mineral rich Andes Cordillera Modern infrastructure & skilled workforce Pro-mining government, promoting rapid growth Major mining companies have presence or are reviewing acquisitions In 2010, rated 7th best mining jurisdiction by Behre Dolbear, an improvement over 2009 Longest running democracy in S. America, 150+ years TSXV: EEL 8

  9. Productive Porphyry Gold Terranes Worldwide Whistler, Alaska 5 Moz (Kennecott) Bingham Canyon, Utah 50+ Moz (Kennecott) Grasberg, Indonesia 70+ Moz (Rio Tinto) Lindero, Argentina 2 Moz (Mansfield) Penasquito, Zacatecas 17 Moz Au (Kennecott, Western Silver, Glamis, Goldcorp) TSXV: EEL

  10. Prolific Gold Belts of Colombia Greystar Ventana Gold Galway Eaglecrest Focus: Fredonia, etc. TSXV: EEL TSXV: EEL 10

  11. Marmato District: 500 Years of Production TSXV: EEL

  12. Target 2-20 million ounces gold is possible Level of Erosion 1km TSXV: EEL

  13. Lindero 3D Block Model – 100% Mansfield Minerals PA 8 9 PMP 2 10 7 8 3900 7 3 2 10 1 5 5 3 1 MVZ 4 4 P2 3400 Potential for 25Mt of 1.15g/t Au,0.14% Cu resource PVZ Low grade P2: 84Mt of 0.4g/t Au, 0.1% Cu TSXV: EEL

  14. Fredonia-Quebradona Regional Geology Fredonia Area Eaglecrest/Bullet • Quebradona Drilling: >2M ounces gold • 51%:49% B2Gold:AngloGold Ashanti • 43 holes total, 13,300m total • 3 target areas tested • La Mama Zone returned best results: • 700m x 400m area Au-mineralized Hole 24: 380m of 1.1g/t Au, including 80m of 2.02 g/t Au. Hole 20: 129m of 1.0g/t Au, • Hole 22: 80m of 1.0g/t Au, • Hole 23: 59m of 1.66 g/t Au, • Hole 25: 368m of 0.67 g/t Au, • including 78m of 1.1g/t Au. Quebradona Area B2Gold/AngloGold La Mama Zone 14 TSXV: EEL TSXV: EEL

  15. Gold Districts, Fredonia Area Reserves of 5Mt at 7-10g/t gold • La Mina: • Trenching: 135m 0.89 g/t Au, 0.21% Cu • Drilling (6 holes total): • Hole 2: 94m of 1.12g/t Au • Hole 4: 52m of 0.43g/t Au • Hole 5: 88m of 1.296g/t Au Propylitically-altered porphyry up to 0.36 g/t Au. East-west fault zone 7% Zn, 58g/t Au TSXV: EEL TSXV: EEL 15

  16. Bolivia Mining Operations At least 10 foreign mining operators are currently active • Coeur D’Alene Mines: produced 2.1M oz Ag in Q1-09 at San Bartolome; $240 M invested • Pan American Silver: operates San Vicente silver mine since 2005, doubling production; $72 M invested • Jindal Steel and Power Limited: committed $2.1 Billion to mine 50% Mutun Iron Deposit • Sumitomo: operates the San Cristobal zinc-silver mine’s 70,000 tpd open pit mine • Orvana Minerals: Don Mario Gold Mine; cash cost $350/oz Au. $5M net per quarter • Inti Raymi (formerly Newmont): Operates Korri Chaca mine • Lithium: Bolivia’s resources largest in world TSXV: EEL

  17. San Simon – Summary – Resource Potential TSXV: EEL TSXV: EEL 17

  18. Investment Proposition • $6.0 M to fund 2010 Exploration Program • to bring Flagship Bolivian project to the point of sale to reward investors • to continue growth and expansion of our Colombian resource base for future profit and growth • Turn San Simon Project, Bolivia into market ready asset: • NI43-101 Gold Resource at Doña Amelia - contracted SRK Consulting • Drilling (20,000 metres) on Paititi-Buriti Trend • In-house resource, followed by 43-101 resource at Paititi • Work Program Fredonia Area Project, Colombia: • Airmag, sampling, mapping through Q3 2010 • Target selection • Drilling (2,000 metres) Q4 2010 TSXV: EEL TSXV: EEL 18

  19. Valuations 20- Year Historical Market Valuations should be $120 based on today’s gold price TSXV: EEL TSXV: EEL

  20. For more information, please contact: Eaglecrest Exploration Paul Zdebiak, VP Corporate Development T: + 1 604 687 7272 E: paul@eaglecrestexplorations.com CHF Investor Relations Jeanny So, Director of Operations T: + 1 416 868 1079 E: jeanny@chfir.com www.eaglecrestexplorations.com TSXV: EEL TSXV: EEL

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