Creating a Leading Canadian Gold
Exploration and Development Company
June 9th, 2015
1
Forward Looking Statements
This presentation (the "Presentation") contains certain information that may constitute forward-looking information under applicable Canadian securities
legislation, including but not limited to information about current expectations on the timing and completion of the proposed transaction to combine Oban
Mining Corporation ("Oban") with the other companies referenced herein (including the ability to satisfy all conditions precedent thereto), the financial
condition and anticipated market capitalization of the proposed combined company, the pro forma capitalization and ownership of the combined
company, the timing and completion of the proposed investment by and management services agreement with Osisko Gold Royalties Ltd, the timing
and success of exploration, development and metallurgical testing activities, the timing, extent and success of mining operations (if any), project
development and related permitting, the results of exploration programs, the results of economic analyses (including the Windfall Lake PEA as defined
below), the ability to expand mineral resources beyond current mineral resource estimates, opportunities for growth of mineral projects, estimates of
gold prices, the ability to adapt to changes in gold prices, estimates of costs, estimates of planned exploration and development expenditures and
estimates of mine development and construction. This forward-looking information entails various risks and uncertainties that are based on current
expectations and actual results may differ materially from those contained in such information.
These uncertainties and risks include, but are not limited to, the strength of the global economy; the price of gold; operational, funding and liquidity risks;
the degree to which mineral resource estimates are reflective of actual mineral resources; the degree to which factors which would make a mineral
deposit commercially viable are present; the risks and hazards associated with underground and open pit mining operations; and the ability of Oban
and/or the other companies referenced herein to fund their substantial capital requirements and operations. Risks and uncertainties about Oban's
business and the business of each company referenced herein are more fully discussed in each entity's disclosure materials filed with the securities
regulatory authorities in Canada and available under the applicable company profile page at www.sedar.com. Readers are urged to read these
materials. Oban assumes no obligation to update any forward-looking information or to update the reasons why actual results could differ from such
information unless required by law.
The distribution of the Oban Shares in connection with the offers will not be registered under the United States Securities Act of 1933 (the "U.S.
Securities Act") and the Oban Shares may not be offered or sold in the United States absent registration or an applicable exemption from the registration
requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of
an offer to buy the Oban Shares, nor shall there be any offer or sale of the Oban Shares in any jurisdiction in which such offer, solicitation or sale would
be unlawful.
Cautionary Statements Regarding Technical Information
Mineral Resources
This Presentation contains information regarding mineral resources estimated at the projects of the companies referenced herein. Mineral resources are
not mineral reserves and do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental,
permitting, legal, title, socio-political, marketing or other relevant issues. In particular, the quantity and grade of reported inferred mineral resources in
the estimates referenced in this Presentation are uncertain in nature and there is insufficient exploration to define these inferred mineral resources as an
indicated or measured mineral resource in all cases. It is uncertain in all cases whether further exploration will result in upgrading the inferred mineral
resources to an indicated or measured mineral resource category.
For details regarding the key assumptions, parameters and methods used to estimate the mineral resources presented in respect of the Windfall Lake
project, please see the "Technical Report for the Windfall Lake Gold Project, Quebec" dated April 17, 2014 (effective date March 3, 2014) filed on
www.sedar.com under the company profile of Eagle Hill Exploration Corporation. Please note that the Windfall Lake PEA (as defined below) is based on
a mineral resource estimate with an effective date of November 13, 2014.
For details regarding the key assumptions, parameters and methods used to estimate the mineral resources presented in respect of the Whitney project,
please see the "Technical Report and Resource Estimate on the Upper Hallnor, C-Zone, and Broulan Reef Deposits, Whitney Gold Property, Timmins
Area, Ontario, Canada" dated February 27, 2014 filed on www.sedar.com under the company profile of Temex Resources Corp.
For details regarding the key assumptions, parameters and methods used to estimate the mineral resources presented in respect of the Juby project,
please see the "Technical Report for the Juby Gold Project, Ontario" dated and effective February 26, 2014 filed on www.sedar.com under the company
profile of Temex Resources Corp.
Preliminary Economic Assessment
The preliminary economic assessment of the Windfall Lake project (the "Windfall Lake PEA") is preliminary in nature and includes inferred mineral
resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be
categorized as mineral reserves, and there is no certainty that the Windfall Lake PEA will be realized.
Qualified Person
The technical information contained in this Presentation has been reviewed and approved by Gernot Wober B. Sc., P. Geo., a Qualified Person within
the meaning of NI 43-101.
* See Temex presentation dated March 1, 2015 and/or back end of Temex news release
Combination to Create a Leading Canadian
Gold Exploration and Development Company
4
Transaction Summary

Proposed
Transaction



Consideration
10.000 Oban common shares per Eagle Hill Exploration share, or $1.10 per share, and 5 common share
purchase warrants of New Oban exercisable at $0.151 per common share of New Oban
0.780 of an Oban common share per Temex share, or $0.0861 per share
1.880 Oban common shares per Ryan Gold share, or $0.2071 per share
7.671 Oban common shares per Corona Gold share, or $0.8441 per share



Customary non-solicitation covenants, subject to normal fiduciary outs
Termination fees payable in certain circumstances if the transactions not completed
Holders of New Oban, in addition to the board and management have agreed to support the transaction and
enter into lock-up agreements
Other
Considerations




66⅔ minimum tender condition
Oban shareholder vote (majority of shareholder votes cast)
Customary regulatory and court approvals
Osisko to receive 3 seats on New Oban’s Board of Directors
Timing


Launch take-over bids on or before June 30, 2015 (and in any event no later than July 21, 2015)
Closing expected early August
Deal
Protection
1.



Business combination between Oban, Ryan Gold, Corona Gold,Temex Resources and Eagle Hill Exploration
(herein referred to as “New Oban”) by way of share exchange takeover bid
Combined entity market capitalization of approximately C$122 million1
C$20 million private placement by Osisko Gold Royalties
Based on cash per share value of $0.11 per share for Oban Mining Corporation
5
Consideration Summary
Units
Eagle
Hill
Offer
Exchange
Ratio
(Oban
shares
per
share)
Offer Price1
(C$
share)
Implied Equity
Value1,3
Temex
Ryan
Gold
Corona
Gold
10.000x
0.780x
1.880x
7.671x
$1.10
$0.086
$0.207
$0.844
Pro Forma Ownership in New Oban
Post Osisko Private Placement2
Osisko
16%
Eagle
Hill
24%
Corona
16%
(C$ M)
$28.7
$16.0
$24.2
Oban
11%
$19.5
Ryan
20%
1. Based on cash per share value of $0.11 per Oban share
2. Osisko ownership excludes current share position in Ryan Gold and Oban as well as insider holdings; Based on pro forma basic shares outstanding
3. Based on fully-diluted-in-the-money shares outstanding at the offer price
Temex
13%
6
New Oban Capitalization Summary
Units
Oban
Eagle Hill
Temex
Ryan
Gold
Corona
Gold
Osisko PP
Pro
Forma
Shares Issued
M
119.9
261.3
145.5
220.2
177.2
181.8
1,105.9M
Equity Value
(at offer price)1
C$M
$13.2
$28.7
$14.6
$24.2
$19.5
$20.0
$122M
PF Ownership in
New Oban2
(%)
11%
24%
13%
20%
16%
16%3
100%
Cash &
Investments
C$M
$11.4
$1.4
$1.1
$22.0
$17.7
$20.0
$74M
($65M)4
Debt
C$M
--
--
--
--
--
--
--
•
•
Osisko Gold Royalties pro forma ownership of 18%1 in New Oban including private placement shares and current
share positions in Ryan Gold (9.5%) and Oban (1.6%)
Dundee Corporation pro forma ownership of 15%1 in New Oban including current share positions in Ryan Gold
(22.6%), Corona Gold (26.3%) and Eagle Hill (29.5%)
~C$65M in cash resources and no debt pro forma the transaction
1.
2.
3.
4.
Based on fully-diluted-in-the-money shares outstanding at the offer price
Pro forma private placement by Osisko Gold Royalties
Excluding current share positions in Ryan Gold and Oban
Net of estimated transaction fees and severance
7
Osisko Private Placement

Osisko Gold Royalties to provide cornerstone financing
– Total amount: $20 million1
– Pro Forma ownership: 18% (including shares already held in Oban and Ryan Gold)

Royalties
– Osisko to hold exclusive right on
• Existing royalties within New Oban
• Future royalty and stream financing by New Oban
• Right to purchase a 1% NSR royalty for an additional $5 million on post deal
properties only (Catharine, Whitney, Juby and Windfall) upon Oban first financing
subsequent to the transaction

Management Services Agreement
– Osisko to enter into agreement with New Oban to provide technical services, legal and
finance/accounting support to New Oban
1. Osisko’s pro forma ownership in New Oban not to exceed19.9%.
8
Strong Management Team
New Oban Management Team
John F. Burzynski – President & CEO
Jose Vizquerra Benavides – Senior VP, COO
Blair Zaritsky – CFO
Gernot Wober – VP Exploration
9
New Oban Board of Directors
Ned Goodman – Co Chairman
Mr. Goodman is the founder of Dundee Corporation, an independent asset management company focused in
the areas of real estate and infrastructure, energy, resources and agriculture. From July 2014 to January
2015, Mr. Goodman was Chairman of Dundee Corporation and from June 1993 to July 2014 he was
President and CEO of Dundee Corporation.
Sean Roosen – Co Chairman
Currently Chairman & CEO, Osisko Gold Royalties. Previously served as President & CEO of Osisko Mining
Corporation, where he led the transition of Osisko from a junior exploration company to a leading
intermediate gold producer. His boardships include Astur Gold Corporation, Bowmore Exploration Ltd.,
Condor Petroleum Inc., Dalradian Resources Inc., Falco Resources Ltd. and NioGold Mining Corporation.
John F. Burzynski
Currently Senior Vice President, New Business Development at Osisko Gold Royalties. Previously served as
Vice President, Corporate Development of Osisko Mining Corporation. He currently serves as a Director with
Condor Petroleum Inc. and is Chairman of the Board of Directors of Oban Mining Corporation. Mr. Burzynski
is also a founding member of EurAsia Resource Holdings AG, a private resource fund based in Europe.
Jose Vizquerra Benavides
Robert Wares
Patrick Anderson
Currently President & CEO of Oban Mining Corporation. Mr. Vizquerra previously worked as Head of
Business Development for Compania de Minas Buenaventura, prior to which he worked as production and
exploration geologist at the Red Lake gold mine.
Currently serves as President & CEO of NioGold Mining. He was responsible for the discovery of the
Canadian Malartic gold deposit, which was subsequently developed by Osisko Mining Corporation into one of
Canada’s largest gold producers. Mr. Wares also sits on the Board of Directors of the following public
companies: Bowmore Exploration Inc., Komet Resources, Oban Mining Corporationand Wildcat Silver.
Currently President & CEO of Dalradian Resources Inc. Previously was President & CEO of Aurelian
Resources Inc. which was acquired by Kinross Gold in 2008. Mr Anderson currently sits on the board of
Oban Mining Corporation.
10
New Oban Board of Directors (Continued)
Keith McKay
Currently CFO and Corporate Secretary of Dalradian Resources Inc. Mr. McKay was previously the CFO at
Continental Gold Limited, CFO of Andina Minerals Inc., Vice President and CFO at Aurelian Resources Ltd.
Mr. McKay sits on the board of Oban Mining Corporation.
René Marion
Business executive and mining engineer with approximately 30 years of industry experience. He was
President and CEO of AuRico Gold from 2007 through 2012, where he oversaw the friendly takeover of
Northgate Minerals and the subsequent development of the Young-Davidson mine in Kirkland Lake. From
1995 to 2007, Mr. Marion held a variety of roles with increasing responsibility at Barrick Gold.
David Christie
Currently President & CEO of Eagle Hill Exploration Corporation. Mr. Christie is also Vice President at
Goodman & Company, Investment Counsel Inc. and Dundee Resources Limited. Mr. Christie previously
spent 12 years as a highly ranked gold and precious minerals equity analyst at two bank-owned brokerages
before joining Goodman in 2011. He is a director of Eagle Hill Exploration and Formation Metals Inc. as well
as two private companies: Condor Precious Metals Inc. and True North Nickel Inc.
Murray John
Currently Director, President and CEO of Corona Gold Corporation, an exploration company, and was
President and Chief Executive Officer of Dundee Resources Limited, a private investment company. Prior to
September 2004, Mr. John was an investment banker with Dundee Securities Corporation, a securities
dealer.
11
A Leading Canadian Gold Exploration and
Development Company

~C$65 M in cash and investments

Total of 2.54 Moz M&I Au resources and 3.83 Moz Inferred Au resources across all
projects1

Strong board, management and technical team, with the support of Osisko

Strong shareholder base
– Osisko Gold Royalties 18%2,3
– Dundee Corporation 15%2

Focus on gold in Ontario and Quebec

Significant land position with ~114,000 hectares of highly prospective ground

Clear strategy for consolidation of three Camps
– East Timmins (Temex-Whitney)
– Urban Barry (Eagle Hill and Oban)
– Catharine Camp (Oban, Juby-Temex)

Camp consolidator

Path for intermediate producer (100koz+ /y Au)
1. See Appendix A for full disclosure on mineral resources; See also “Cautionary Statements Regarding Technical Information – Mineral Resources”
2. Pro forma private placement by Osisko Gold Royalties
3. Includes Osisko share ownership in Ryan Gold and Oban
12
Consolidation of Three Major Gold Camps
13
Consolidation of Three Major Gold Camps
See Appendix A for full disclosure on mineral resources; See also “Cautionary Statements
Regarding Technical Information – Mineral Resources”
Note: Resources shown consider all categories
14
Robust Project Pipeline in Canada
Pre-Drill
• Catharine
- Cote
Discovery
• Catharine
- Miller
Infill
• Juby
• Whitney
PEA
Feas.
• Windfall
New Oban is a camp consolidator
15
Private Placement into BonTerra Resources Inc.

Oban has subscribed for up to 19.9% of current outstanding shares of BonTerra
Resources Inc. in flow-through shares
– Price: $0.22/share

Conditional upon the entry into a subscription agreement and satisfactory due diligence by
Oban

Upon closing, Oban will have the right to nominate one member to the BonTerra’s Board
of Directors
16
Next Steps
Current Stage
Year 1
Year 2
Year 3
Windfall (PEA)
Feasibility Study
Construction
Whitney (Infill)
Infill Drilling
PEA U/G
Juby (Infill)
Infill Drilling
PEA
Catharine
Exploration Drilling
Resource
Compilation
17
Summary

~C$65 M in cash and investments

Total of 2.54 Moz M&I Au resources and 3.83 Moz Inferred Au resources across all
projects1

Strong board, management and technical team, with the support of Osisko

Strong shareholder base
– Osisko Gold Royalties 18%2,3
– Dundee Corporation 15%2

Focus on gold in Ontario and Quebec

Significant land position with ~114,000 hectares of highly prospective ground

Clear strategy for consolidation of three Camps
– East Timmins (Temex-Whitney)
– Urban Barry (Eagle Hill and Oban)
– Catharine Camp (Oban, Juby-Temex)

Camp consolidator

Path for intermediate producer (100koz+ /y Au)
1. See Appendix A for full disclosure on mineral resources; See also “Cautionary Statements Regarding Technical Information – Mineral Resources”
2. Pro forma private placement by Osisko Gold Royalties
3. Includes Osisko share ownership in Ryan Gold and Oban
18
Appendix A: Mineral Resources 1
Mineral Resources1
Whitney Project (100%)
Category
Windfall Project
Tonnes
Gold
Grade
Gold
(Mt)
(g/t)
(Moz)
Category
Tonnes
Gold
Grade
Gold
(Mt)
(g/t)
(Moz)
Measured & Indicated
3.22
6.85
0.71
Indicated
2.76
8.42
0.75
Inferred
1.00
5.34
0.17
Inferred
3.51
7.62
0.86
Juby Gold Project
Category
Tonnes
Gold
Grade
Gold
(Mt)
(g/t)
(Moz)
Indicated
26.60
1.28
1.09
Inferred
96.20
0.94
2.91
1. See “Cautionary Statements Regarding Technical Information – Mineral Resources”
Note: Inferred resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. It cannot be assumed that all or any part
of the inferred resources will ever be upgraded to a higher category. Mineral resources are not mineral reserves and do not have demonstrated economic viability.
20
Appendix B: Property Information 2
Windfall Project
22
Windfall Project Overview




Windfall Lake Property (100% interest, Au, Quebec)
12,400 ha comprising 285 mineral claims in the Abitibi mineralized belt
Located within the region covered by Quebec’s Plan Nord
A PEA study was recently completed with the following parameters1:
– 1,200 tpd underground mine producing 106koz/year average gold production through an existing
ramp
– 7.8 year mine life
– 8.26 g/t head grade
– Preliminary metallurgical tests of 95.7% gold recovery using flotation and leaching
– LOM total gold production of 828koz Au
– C$558/oz total LOM average cash costs
• Average mining cost of $76/t
– C$240.6M development capital
– C$241.4 M NPV (5%) on a pre-tax basis
– C$135.2M NPV (5%) on a post-tax basis
– 3.4 years pay back (pre-tax)
 Feasibility study expected by 2017
1. See “Cautionary Statements Regarding Technical Information – Preliminary Economic Assessment” and the news release dated April 28, 2015 of
Eagle Hill Exploration Corporation available on SEDAR.
23
Windfall Lake Overview
Key Parameters – 2015 PEA1
Mine Life
Mineral Resources2
(Years)
7.8
Mill Design Throughput
(tpd)
1,200
Au Mill Head Grade
(g/t)
8.26
Recovery
(%)
95.7%
Avg. Annual Au Production
(koz)
106.2
LOM Total Au Production
(koz)
828.0
Tonnes
(M)
Grade
Au (g/t)
Gold
Au (Moz)
Indicated
2.76
8.42
0.75
Inferred
3.51
7.62
0.86
Operating Parameters
Operating Costs
(C$/t)
Operating Profile1
$564
$141.70
Cash Costs
(C$/oz)
$558
LOM Development Capital
(C$ M)
240.6
LOM Sustaining Capital
(C$ M)
53.5
5% After-Tax NPV
(C$ M)
$135.2
After-Tax IRR
(C$ M)
17.2%
104
102
106
$585
$575 117
104
$587
105
$578
104
$556
86
$515
$498
Capex
Economics
($1,200/oz Au)
Source: Windfall Lake PEA
1. See “Cautionary Statements Regarding Technical Information – Preliminary Economic Assessment”
2. See “Cautionary Statements Regarding Technical Information – Mineral Resources”
1
2
3
4
Au Production (koz)
5
6
7
Cash Costs (C$/oz)
8
24
Whitney Project
25
Whitney Project Overview
Overview
 60% / 40% JV with Goldcorp (Porcupine Gold Mines)
– Temex is the operator of the joint venture
– LOI signed with Goldcorp to increase its equity interest to
85% of the Whitney JV
 Located near Timmins, Ontario, on the Porcupine-Destor fault
 Property includes the past producing Hallnor, Broulan Reef and
Bonetal mines
– The Hallnor Mine was the highest grade gold mine in the
Timmins gold camp, having produced 1.7 million ounces of
gold at an average grade of 0.40 opt (13.71 g/t)
1. See “Cautionary Statements Regarding Technical Information – Mineral Resources”
Mineral Resources (100%)1
Whitney Project (100%)
Measured & Indicated
Inferred
Tonnes
(M)
Grade
Au (g/t)
Gold
Au (Moz)
3.22
1.00
6.85
5.34
0.71
0.17
26
Whitney - JV with Goldcorp 60/40
Shallow underground resources @ 6.85 g/t
(Temex)
(Temex)
*Most of the annotated intercepts are historic, except where annotated as Temex
27
Juby Gold Project
28
Juby Gold Project Overview
Overview
 Juby Gold Project (100% Interest, Au, Ontario)
 Located in the Shining Tree Area, Gowganda, Ontario
 Temex holds a 100% interest in 226 claims covering
14,423 acres
 Property holds the Juby Main Zone on the Juby Lease
Property, its extension onto the Golden Lake Property,
and the Hydro Creek and Big Dome zones
 There is no diamond drilling along the 3 kilometre long
geological trend between the Juby Main Zone and
Hydro Creek and Big Dome areas, offering excellent
opportunity for resource expansion
Mineral Resources1
Juby Project (100%)
Indicated
Inferred
Tonnes
(M)
Grade
Au (g/t)
Gold
Au (Moz)
26.6
96.2
1.28
0.94
1.09
2.91
1. See “Cautionary Statements Regarding Technical Information – Mineral Resources”
29
Juby Gold Project
1. Note: The intercepts shown above are selected intercepts and are not necessarily representative of the broader results of the relevant drill program.
30
Catharine Project
31
Catharine Project: Path to Discovery
N

Barry-Hollinger Mine
70,000 Oz at 8.3 g/t Au
Planet Gold Mine
430,000 Oz at 2.9 g/t Au (1941)
Mirado Deposit
367,000 Oz at 1.18 g/t Au
Catharine Fault an underexplored
structure

Revisit area of exploration from 1930’s

Consolidated land package: > 5000Ha

Property contains known mineralization

3 types of mineralization:
– Syenite-hosted Au
– Vein Au
Kennedy-Boston Mine
46m Vertical Shaft,
VG reported
Miller-Independence Mine
MG14-08: 97.5m @ 1.05 g/t Au
MG14-12: 102m @ 0.99 g/t Au
MG14-09: 63m @ 0.89 g/t Au
Puits Ostrom Zone
Old Vertical Shaft,
3 veins w/ VG
Fault Zone
5.3 g/t Au surface sample
Roger Barnet Zone
33 g/t Au surface sample
– Cu-Au VMS
Kalyniuk Zone
16.9 g/t Au
surface sample
Golden Dawn Minerals Zone
CAT99-04: 31.3m @ 2.74 g/t Au
CAT03-10: 1.7m @ 7.77 g/t Au
CAT05-02: 1.5m @ 5.69 g/t Au
CAT08-02: 3.0m @ 3.55 g/t Au
CAT09-02: 2.0m at 8.96 g/t Au
1. Note: The intercepts shown above are selected intercepts and are not necessarily
representative of the broader results of the relevant drill program.
Daley Showing
70 g/t Au
surface sample
Hounslow Zone
78.9 g/t Au surface sample
32