EUROGOLD LIMITED ACN 009 070 384 ASX

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EUROGOLDLIMITED(ACN 009 070 384)ASX
AIM EUG
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Overview

• Focus on Eastern Europe (Romania Ukraine)
• Significant hard rock discoveries in both
  countries
• Access to the only fully permitted CIL operation
  in Eastern Europe
• Ability to exploit enormous State owned
  infrastructure
• Dominate an emerging mineral province in the
  Carpathians

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Romania - Transgold

• Romanian CIL 2.5 Mtpa plant built in 1998 at a
  cost of US28m (Replacement cost US40m)
• Pre-emptive rights to remaining 50
• Romanian entry into the EU planned for 2007
  shutdown of State owned enterprises
• Hard rock resources
• Romanian North West Corridor a repeat of the
  Kalgoorlie experience
• Tailings

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Exploration

• Prospectivity of the Carpathians
• Underexplored, yet still hosts a number of large
  discoveries
• One of the global exploration "hot spots"
• Ground holding in excess of 400 sq kms

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North West Corridor
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June 11 Prospect

• 11 kms from Transgold Plant
• 1.2m tonnes _at_ 2.5 g/t Au (Non-Jorc)
• Historical production of 1.5m tonnes _at_ 3.5 g/t Au
• Open Pit with nominal stripping ratio
• Nominal Stripping Ratio
• Good CIL Recoveries
• Open to the North and South

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Sofia Prospect

• 5 kms from Transgold Plant
• Historical production of 3.5m tonnes _at_ 5 g/t Au
• In exess of 10 kms of underground workings
• Underground sampling grade of up to 12 g/t Au

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Infrastructure Sunk Costs

• Romania
• Rail discharge facility linking feed bins (State
  owned)
• 6 SAG-Ball Mill Units each capable of treating
  300,000 tpa (State owned)
• 2.5 Mtpa CIL Facility (Transgold - 50 EUG)
• 9 km pipeline and thickener (Transgold 50
  EUG)
• Ukraine
• 9 kms underground tunnelling at Saulyak
• Existing rail line in excess of 100 kms linking
  both operations

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Ukraine

• Saulyak (EUG 100)
• 2.1m tonnes _at_ 8.4 g/t Au (578,000 oz) soviet C1
  C2 category
• Plant and mine linked by existing rail network
• No existing workforce
• 9 kms of underground development work

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Plan of Saulyak Deposit
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Schematic Cross Section Saulyak
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Saulyak Mine Model
498m level portal
468m level portal
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Saulyak Mine Model
Trench Marble
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Saulyak Mine Model
Footwall Marble
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Saulyak Mine Model
Mineralization gt 1g/t
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Saulyak Mine Model
Extended Mineralization
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Saulyak Mine Model
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Corporate Directory

• 1) Issued Shares 247,679,494 (fully diluted)
• 2) Board of Directors Peter Gunzburg
• Dennis Franks
• Brett Montgomery
• Neil MacLachlan
• Chris Barker
• 3) Major Shareholders Oxus Gold Plc 20
• Peter Gunzburg 12
• Chris Barker 12
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• 4) Dual Listed ASX/AIM
• Code EUG