Cautionary Statement

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Cautionary Statement

• The following presentation shall not be deemed
  to be an offer to sell, or an invitation of an
  offer to buy, the securities of Piedmont Mining
  Company, Inc. An offer may only be made by a
  private placement memorandum and offers will only
  be made to accredited investors as that term is
  defined in Securities and Exchange Commission
  Regulation D.
• This presentation contains expressions of future
  expectations, projections and other
  forward-looking statements. Those statements are
  based on managements expectations, projections
  and beliefs, not historical facts and are subject
  to risks, uncertainties, assumptions and other
  factors, which are beyond management and the
  Companys control, that could cause the actual
  results to differ from those contemplated by the
  statements. These statements are only
  predictions and should not be construed as
  statements of material fact. Actual results will
  vary from the projections, and such variances may
  be material. Assumptions regarding future
  revenues are necessarily speculative in nature
  and should not be relied upon in making an
  investment decision. When used in this document,
  the words anticipates, may, can,
  believes, expects, projects, intends,
  likely, will, to be and similar expressions
  and other statements that are not historical
  facts are intended to identify those assertions
  as forward-looking statements. Management
  believes that its expectations are based on
  reasonable assumptions. However, any such
  statement may be influenced by factors that could
  cause actual outcomes and results to be
  materially different from those projected or
  anticipated.
• Forward-looking statements are subject to
  numerous risks and uncertainties. There are
  factors that could cause actual results to differ
  materially from those in any forward-looking
  statement, many of which are beyond the control
  of Piedmont, including economic and industry
  conditions such as the competitive environment,
  unanticipated operating problems, accidents, gold
  and silver price declines, changes in political,
  social or economic circumstances, variances in
  mineralization grades, labor relations, adverse
  weather conditions, the risks of mineral
  exploration, adverse market conditions, the
  inability to raise sufficient capital to fund
  exploration, regulatory uncertainties and risks,
  changes in tax and other laws, the risk of
  obtaining regulatory approvals and permits.
  Actual results could differ materially from those
  expressed in, or implied by, any forward-looking
  statement. There may also be other factors that
  cause results not to be as anticipated. No
  assurance can be given that any of the events
  anticipated by the forward-looking statements
  will occur or what impact they will have on
  Piedmonts results and operations. Except as
  required by law, we are under no obligation to
  any forward-looking statement, whether written or
  oral, that may be made as a result of new
  information or future events.

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Piedmont Mining Company, Inc.

• Headquartered in Reno, Nevada.
• Engaged in exploration for gold and/or silver in
  Nevada.
• Strategy select promising gold and/or silver
  exploration properties and option or joint
  venture them with highly skilled and respected
  exploration groups.
• Unique Business Model participate through
  funding, not by building an exploration staff.

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Unique Business Model

• Can earn into a majority interest by funding
  exploration over 5 years or less.
• If drilling results dont meet expectations can
  drop property on 30 days notice.
• Dont incur costs of full time staff office.
• Qualified people utilized only as needed.
• Work only with experienced exploration groups
  that Lew has highest regard for.
• Flexible strategy with minimal GA costs.

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Why Gold ?
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World Gold Mine Production(tonnes)
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US Mine Production of Gold(tonnes)
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US Mine Production of Silver(tonnes)
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Some Reassuring Perspective

• We havent even started to correct the U.S.
  financial imbalances of the past several years.
  Dont tell me the gold bull market is over. It
  has hardly even started.
• Pierre Lassonde, Chairman, World Gold Council
• March, 2005

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Nevada!
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Why Nevada?

• Nevada hosts the second largest gold environment
  in the whole world, after South Africa.
• Past production plus current resources exceed
  300,000,000 ounces of gold!
• Remember You find elephants in elephant
  country.

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And there are other considerations as well..

• BOLIVIA 1/8/2007 Bolivia calls for 600
  mining tax increase.
• VENEZUELA
• 1/13/2007 Chavez We have decided to
  nationalize the energy
  electricity sector Socialism or Death!
• 5/15/2008 Venezuela shuts the door for new
  mining projects.
• 5/9/2008 Gold Reserves mining permit formally
  rescinded.
• FIJI 1/8/2007 Military seizes Emperors Gold
  Mine.
• ECUADOR 6/16/2007 Orders Review of Mining
  Concessions.
• 4/14/2008 Suspends metals mining
  revokes concessions.
• ZIMBABWE 1/12/2007 Reserve bank fails to
  remit payments to gold
  producers. Gold miners brought to their knees.
• RUSSIA
• 2/5/2007 Potanin says Norilsk Nickel to be
  nationalized
• 7/10/2007 Russia to withdraw Highland Golds
  mining license
• CONGO 6/11/2007 - Government to review all
  mining deals.
• CHINA 6/27/2007 Government plans to double
  resource taxes.
• MONGOLIA 8/3/2007 Government revokes gold
  mines tax breaks.
• LABRADOR 4/8/2008 Government sets 3 year ban
  on uranium mining.

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Further advantages of Nevada

• Good infrastructure major gold producers
• Supportive of mining exploration
• Accessibility - good road system
• Accessibility of amenities - motel rooms, gas
  stations, cheeseburgers, beer and supplies.
• No state income taxes.
• Little vegetative cover.
• Most people speak English.
• No terrorists or insurgents No pirates!
• Low political risk.
• The Nevada Dividend.

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Why Piedmont ?
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Piedmont has entered into Agreements on 7 Nevada
Properties

• Bullion Mountain Gold Project
  Lander County
• Dutch Flat Gold Project
  Humboldt County
• Morgan Pass Gold Project Elko
  County
• Pasco Canyon Gold Project Nye
  County
• PPM Project Gold Project
  Humboldt County
• Trinity Silver Silver Project
  Pershing County
• Willow Creek Gold Project Elko County

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Dutch Flat Project

• Humboldt County
• Property held by Columbus Gold Corporation
  Exploration managed by Cordex Exploration Company

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Dutch Flat

• 114 claims 11 miles west of Pinson Turquoise
  Ridge 14 miles west of Twin Creeks.
• Exploration managed by Cordex Exploration Co.,
  run by Andy Wallace John Livermore.
• District with many old workings, placer gold
  production widespread indications of gold.
• 41 holes totaling 12,830 feet drilled across
  swarms of quartz veins. Most holes encountered
  low grade gold
• Best intercepts 145 ft averaging 0.021 opt,
• 160 ft averaging 0.011 ounces per ton.

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Pasco Canyon Project

• Nye County
• Working with AuEx Ventures, Inc.

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Pasco Canyon

• 14 miles northeast of Round Mountain gold mine,
  largest U.S. heap leach gold mine.
• Over 23,000,000 ounces of gold located around
  this Caldera also includes Gold Hill, Jefferson
  Canyon Corcoran Canyon gold deposits
• Surface rocks are anomalous in certain pathfinder
  elements.
• Working with AuEx Ventures.
• Awaiting U.S. Forest Service permit for 2-hole
  drill program totaling 2,700 feet.

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Trinity Silver Project

• Pershing County
• Working with AuEx Ventures, Inc.

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Trinity Silver

• 6,906 acres, including 5,687 acres of fee land,
  25 miles northwest of Rochester Silver, the
  largest open pit silver mine in the U.S. 10
  miles east of the 7-Troughs gold district.
• 2006 drilling program returned numerous
  intercepts of 10 - 26 ounces of silver per ton.
• Past production 1.1 million tons of oxide ore
  grading 6 ounces of silver per ton.
• 9,345 feet of drilling completed in October 2007.
• Past drilling data being analyzed for compilation
  of silver resource on the property.

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PPM Gold Project

• Humboldt County
• Working with Miranda Gold Corp.

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PPM Gold Project

• 102 Unpatented Claims in north end of Battle
  Mountain Eureka Trend.
• About 12 miles northwest of Twin Creeks,
  Turquoise Ridge and Pinson gold deposits.
• Northeast striking fault system intersects gold
  in sagebrush anomalies.
• Adjacent to sediment-hosted mercury district.
• Near margin of shallow buried intrusive.
• Gravity Magnetics surveys completed. Gold
  mercury in sagebrush surveys have refined drill
  targets. Drilling program planned for spring 2008

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Morgan Pass Project

• Elko County
• Working with Gryphon Gold Corporation

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Massive Jasperoid Outcrops
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Massive Jasperoid Oucrop
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Morgan Pass Gold Project

• 28 miles southeast of Pequop/Long Canyon gold
  discoveries.
• Carlin type gold mineralization hosted in
  brecciated jasperoids replacing limestones.
• 17 of 24 holes drilled by Duval International in
  1985 1986 intersected gold mineralization of
  0.01 to 0.24 ounces per ton.
• 14 rock chip samples in 2008 assayed up to 0.14
  ounces per ton.
• Currently in wilderness study area.

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Willow Creek Gold Project

• Elko County
• Working with Carlin Gold Corporation

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CURRANT CREEK JASPEROID ON NE FAULTS
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GEOLOGY
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ALTERATION DISTRIBUTION
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ALTERATION TYPES
Silicification
Sanding
CGDTSXV
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Regional datasets provide clues
Dataset identifies all known Carlin style belts
NURE Gold Correlation With Trends
CGDTSXV
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Willow Creek Gold Project

• 30 miles northwest of Wells, Nevada
• Nearly 6 square miles covering 5 miles of strike
  length on Roberts Mountain Thrust.
• Favorable structures, rock types, alteration,
  pathfinder elements and intrusive dikes.
• Structurally controlled jasperoid outcrops.
• Almost no previous drilling.
• Eleven hole drill program already permitted.

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Remember

• You can make a lot of money even with a small
  gold deposit, which you cannot do with the
  leading base metals.
• Pierre Lassonde, President, Newmont Mining
  Corporation

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Officers and Directors

• Lewis B. Gustafson
• Vice President Exploration Director
• Pete Ingersoll - Director
• Ralph W. Kettell II - Director
• Ian C. MacDonald - Director
• Robert M. Shields, Jr.
• Chairman of the Board, President Chief
  Executive Officer
• Richard Rabbito Advisory Board

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• Lew Gustafson
• BSE Degree, Princeton University
• MS Degree, California Institute of Technology
• PhD Degree, Harvard University
• Authored/coauthored 17 major geology publications
• Lived worked in Chile, Australia, US with major
  mining companies 45 years in mining
  exploration.
• Professor of Economic Geology for 6 years at
  Australian National University in Canberra,
  Australia
• Society of Economic Geologists Received Lindgren
  Award in 1962 Member, Editorial Board, 1970-80
  Thayer Lindsey Lecturer, 1973-4 Distinguished
  Lecturer in Applied Geology, 1989 Chairman,
  Committee on Geologic Mapping, 1989-1993.
• Member, Advisory Committee, Nevada Bureau of
  Mines Geology

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• Pete Ingersoll
• BA Degree from Williams College
• MBA Degree from Harvard University Graduate
  School of Business Administration
• 33 years as Financial Analyst on Wall Street,
  primarily with Salomon Brothers Lehman
  Brothers 46 years of experience
• 9 consecutive years 1984 to 1992 - elected to
  Institutional Investor Magazines All-Star Team
  in Gold and/or Nonferrous Metals
• Formerly Director of Getchell Gold Stillwater
  Mining

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• Ralph Kettell
• BS MS Degrees in Electrical Engineering from
  Lehigh University
• Founder or founding partner of several natural
  resource companies, including AuEx Ventures,
  Nevada Sunrise, Concentric Energy and North Range
  Resources
• Lead engineer in B-1B Electronic Warfare System
  Designed components for other warfare and
  communications systems
• Involved in engineering communications projects
  for NASA, the Space Shuttle, Dept. of Defense
  International Space Station

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• Ian MacDonald
• Executive Director for Gold Silver, Dubai Multi
  Commodities Centre, Dubai, U.A.E.
• BA Degree, Business, Highbury College, UK.
• From 1982-1998 with Credit Suisse Manager of
  Precious Metals Division.
• Then Vice President Manager of Global Precious
  Metals at Commerzbank AG in NY.
• Formerly Director of Billiton (UK) Ltd. Director
  of Gold Institute Member of COMEX Division of
  New York Mercantile Exchange.
• More than 30 years experience in precious metals
  trading and investment banking.

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• Robert Shields
• AB Degree, Geology, Dartmouth College
• PhD Degree, Geochemistry, Massachusetts Institute
  of Technology
• MBA Degree, Stanford University Graduate School
  of Business Administration
• Two years at NASA working on Earth Resources
  Technology Satellite, late 1960s
• Security Analyst, Paine Webber Jackson Curtis,
  mid-1960s Associate, Corporate Finance, Morgan
  Stanley Co., in 1970s
• Founded predecessor of Piedmont Mining Company,
  Inc. in 1980 27 years experience running
  exploration mining company.

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Capital Structure

• Preferred Shares 0
• Common Shares 67,532,000
• Options 5,725,000
• Warrants 10,000,000
• Authorized Common Shares 200,000,000
• Shares in Street Name 35,455,742

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Market Info

• Fully reporting company trading on the U.S. OTC
  Bulletin Board.
• Stock Symbol PIED
• Shares Outstanding 67,532,000
• 2006-2007 - High 0.38 Low 0.09
• Recent Stock Price 0.18
• Market Capitalization 12,000,000
• 20 Market Makers

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Hypothetical Gold Deposit Economics

• Reserve No. of Ounces
  500,000 1,000,000
• Recovery at 80 400,000 800,000
• Revenue (925/Oz) 370,000,000
  740,000,000
• Operating Costs (515/Oz) 206,000,000
  412,000,000
• Capital Cost 40,000,000 70,000,000
• Pre-Tax Profit 124,000,000
  258,000,000

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Why Piedmont ?

• Strong, Experienced Management
• Exploring for Gold and Silver
• Exploration focused in Nevada near
  major gold and silver producers
• 15,000,000 tax loss carry forward
• Flexible and Proactive Business Strategy with
  Minimal GA Expenses!

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Remember What Launched the Discovery of the New
World

• Gold is a treasure, and he who possesses it
  does all he wishes to in this world and succeeds
  in helping souls into paradise.
• Christopher Columbus, 1491

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