Business Plan GOLD MINING PROJECTS CARIBOO, BC, CANADA CENTRAL NEVADA, USA ARIZONA, USA BOTSWANA, AFRICA Windsor Gold Mining and Exploration, Incorporated 20473 36th Avenue Langley, BC, V3A 2R7 Canada 1 1. Company Description Windsor Gold Mining and Exploration Incorporated (Windsor Gold) is a junior mining company with interests in mining tenement/concession acquisition, exploration, development, mining and marketing of the products that it recovers. Contact Person/s ADRIAN LAPRISE President/CEO SUZANNE SCHULTZ 503-704-2857 Chief Financial Officer [email protected] [email protected] TONY MICELI DENNIS KATTOWITZ Investor Relations 617-838-6006 [email protected] International Public Relations 503-702-1129 +61 4 4802 0831 [email protected] Mission Statement: Our company is ethical and transparent and our objective is to generate a steady stream of development opportunities with a safe, productive and healthy work environment along with a strong balance sheet. The company will always be open to new technology and new concepts and minimize impact on external, physical and social environments. 2. Name and Location of the Projects CARIBOO GOLD PROJECT – Placer Gold deposit Barkerville, British Columbia Canada CENTRAL NEVADA GOLD PROJECT – Placer Gold deposit Nevada United States of America ARIZONA GOLD PROJECT – Placer Gold deposit Arizona United States of America BOTSWANA AFRICA GOLD PROJECT – Project to explore and drill Botswana Africa 3. Current and Planned Concessions Table 1 following lists the existing placer gold concession in the Cariboo region as well as identifying additional concessions in the same region available for exploration and exploitation. 2 Concession # 371540 820943 TBA 836402 830642 367764 369188 373855 507346 507444 507633 851647 TBA TBA Date 1998 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2014 2014 Concession Name Maple Leaf Gold Clear Grit 2 Lake Property Cunningham Pass O Canada Tipman 1 Tipman 2 Tipman 3 Tipman 4 Tipman 5 Tipman 6 Tipman 7 Bowron Road Botswana, Africa Owner Windsor Gold Mining Windsor Gold Mining Windsor Gold Mining Joint Venture Windsor Gold Mining Pending Purchase 2013 Pending Purchase 2013 Pending Purchase 2013 Pending Purchase 2013 Pending Purchase 2013 Pending Purchase 2013 Pending Purchase 2013 Windsor Gold Mining Pending Exploration Size (ha) Size (Acres) 50 123.55 20 49.42 200 494.21 89 219.92 60 148.26 183.6 453 215 531 163 402 272.12 672 136.09 336 38.87 96 19.44 48 120 296.52 8093 20,000 Table 1 – Concessions In addition to the concessions above, it is Windsor Gold’s intent to continue exploration for precious metals in other parts of the Cariboo region, and world. Windsor has also commenced investigations into similar placer type deposits in other regions and projects an additional $15M will be required for the acquisition and development of such properties. The immediate focus for such investigations is the traditional Canadian, Nevada, Arizona and African placer type deposit regions. Provisional estimates for equipment purchases and reclamation amount to $10M. 4. Cariboo Project Site Location The Canadian Creek property (Maple Leaf Gold concession) is located 4.5 km from the town of Barkerville, BC by way of the 3100 Road, near the intersection of N53⁰3’51” and W121⁰27’28”. The community of Barkerville is located 60 km north of Quesnel, BC on Hwy 26. Located in undulating forest topography, the mining area is approximately 50 hectares in size 5. The Nature of the Deposit The Placer Gold deposits of the Cariboo gold belt of British Columbia, of which the Canadian Creek deposit forms are part of, are a world-class producer of gold. With 2 million ounces of gold produced from this region to date, the 2003 discovery at a previously underexplored area in the northeast section of the Mount Polley property provided a new deposit of high grade copper, gold and silver, which highlighted the regions potential to continue to provide more gold to mine operators and investors alike. Placer type gold is released by weathering together with stream or glacier action, then carried by gravity and hydraulic action to a point of deposition and concentrated in the process. As the gold 3 tends not travel very far from the source, knowledge of the likely location of the source deposit is useful 1. Repeated cycles of erosion and concentration means that gold-bearing rock converts to gravels after being subjected to a number of such events. Partial concealment by other deposits, including volcanic materials, may also enrich placer deposits. Additionally, ancient river channels and certain river bench deposits may add to this enrichment. As material gradually washes off the slopes and into streams, it becomes sorted or stratified, and gold concentrates in so-called pay zones or streaks, often with other heavy minerals. The gold may not be entirely liberated from the original rock but may still have the white-to-gray vein quartz or other rock material attached to or enclosing it. As gold moves downstream, it is gradually freed from the accompanying rock and flattened by the incessant pounding of gravel. Eventually it will become flakes and tiny particles as the flattened pieces break up. As placer materials were reworked by natural forces, a certain amount of gold is washed down and re-deposited during the spring runoffs and streambed placers are the most important kind of deposit for the small-scale operator, with gravel terraces and benches above the streams and the ancient river channels (often concealed by later deposits) potential sources of gold and are where Windsor Gold will focus their attentions during the mining process. 6. Company Officers Windsor Gold has brought together a group of knowledgeable and capable people as officer bearers thereby ensuring the company is managed and maintained in a well organized and diligent manner, protecting shareholders interests. Adrian Laprise is the company’s CEO. Adrian has in excess of 35 years mining and exploration experience and is an active member of various mining, exploration, refining and geology groups within Canada. In addition to prior CEO roles, Adrian’s geological and managerial experience combined with his paralegal and law administration background provides Windsor GM with a CEO capable of instituting policy and developing strategies ensuring investors receive the best return on their investment. Windsor Gold’s Chief Financial Officer is Suzanne Schultz. Joining the company in 2011, Suzanne decided to channel her thirty years of accounting and corporate tax experience into managing the financial affairs of a gold explorer. Herbert Forbes, Jr. BA, MA, MA, P. GEO is our Head Geologist. He is the Founder of World Wide Environmental Research and has worked as a geologist and mining engineer for over 30 years. He has worked for the US Department of Forestry and various other corporations around the world doing soil sampling. He is highly versed in geology and mineral exploration. Herb brings valuable insight to the company. Rob Phillips is a stalwart of the Cariboo and Barkerville mining region with 40 years of hard rock and placer mining experience in the Cariboo and Barkerville areas. Windsor Gold will employ his extensive knowledge of the region to the benefit of the company’s gold bearing concession. 1 Investcom.com/moneyshow/gold_cariboo.htm 4 Dennis Kattowitz joins the company as Public Relations Manager for our internationally interest. Dennis has over 30 years of mining experience with many years related specifically to gold mining and business dealings in many of the major mining areas of the world. He has been in many senior managerial positions, including serving on the Board of a mining equipment manufacturer. Dennis brings his experience of operation and supply to Windsor Gold. Tony Miceli is a Marketing, Sales and Relationship Management Executive with the “Big Four” and other global Human Resources and Security Organizations. Tony will be marketing and selling Windsor's stock offering to the US and Europe markets as well as serving as an Investment Relations Manager. 7. Financial Factors Windsor Gold became incorporated in the Province of British Columbia, Canada on September 9, 2011. The company decided to become an issuer on a Stock Exchange (and are currently working towards that goal) and in July 2011, offered 7,500,000 shares for investment. In September 2012, the Company increased its shares to 50,000,000 common stock shares and added 50,000,000 warrant stocks. Stock opened at 25 cents per share. 8. Recent Activities Sampling programs has been in progress since mid 1996. Referring to the Geological Report by the responsible Geologist, the conservative estimate of gold content for the Canadian Creek is 168,055 oz. The responsible geologist confirms that the classification of mineral reserves is appropriate and conforms to the definitions as stated by NI 43-101 and also the CIM Standards on Mineral Resources and Reserves Definitions and Guidelines adopted by the CIM Council on December 11, 2005. Metal content estimates, based on tests conducted, are: a. Gold – 2-6 g/t b. Silver – 1.6 g/t c. Platinum - .06 g/t d. Palladium - .03 g/t As with any placer deposit, on-going exploration and drilling is required to locate and map the structural intersections and, coupled with a magnetic survey, potential higher grade mineralization zones. 9. Planned Activities Following Windsor Gold’s application to the Ministry of Energy and Mines to allow the company to extract the gold and precious metals from the property, the Minster has approved the application. The location of the deposit in British Columbia means that mining cannot continue throughout the year due to inclement weather. As such, it is intended that additional placer gold type deposits are investigated and sourced as potential “gap” fillers. As has been stated above, the nature of the placer deposit means that even though areas may have been investigated previously, additional gold may be deposited at a later time. Based on the experience of the exploration team to date, Windsor Gold is confident that similar results will be obtained in the Central Nevada, Arizona and Botswana, Africa placer gold deposit regions. 5 10. Mining Costs – Canadian Creek – Maple Leaf Gold - Concession #371540 It is the company’s intention to start preparations for mining operations in mid 2013, during the Canadian summer season. A reclamation security bond has been placed in the relevant bank account to be able to start the reclamation process and additional funds will be added as they become available. The company has engaged the services of seasoned mining experts and support professionals who have good experience in the business of small scale mining operations. The cost estimations for the 2013-18 operating years follow. All costs are in US Dollars and no escalation has been applied. 10.1. 2013 This phase of the project requires the property to be prepared for mining in 2014. Apart for the physical onsite work, resource modeling for resource definition is also required. i. Bank and legal fees $101,200 ii. Escrow $150,000 iii. Administration and Accounting fees $ 21.000 iv. Permits and rehabilitation $ v. Salaries $ 15,000 vi. Mine Camp establishment $ 50,000 vii. Geological modeling, tests and reports $ 48,500 viii. Contingency @ 10% $ 39,370 ix. Total $433,070 i. Bank and legal fees $ 22,000 ii. Escrow $ iii. Administration and Accounting fees $ 21.000 iv. Permits and rehabilitation $ v. Salaries - Geologist $ 15,000 vi. Salaries - Miner $ 98,000 vii. Mining Activities $168,000 viii. Tests, surveys and reports $ 36,000 ix. Contingency @ 10% $ 37,220 x. Total $409,420 i. Bank and legal fees $ 21,500 ii. Escrow $ iii. Administration and Accounting fees $ 15.000 8,000 10.2. 2014 4,200 8,000 10.3. 2015 4,200 6 iv. Permits and rehabilitation $ 8,000 v. Salaries - Geologist $ 15,000 vi. Salaries - Miner $ 98,000 vii. Mining Activities $120,000 viii. Tests, surveys and reports $ 31,000 ix. Contingency @ 10% $ 31,270 x. Total $343,970 10.4. 2016-8 (unescalated) Under the current concessions relating solely to Canadian Creek, Windsor Gold estimates costs for years 2016-2018 to remain constant reflecting those used for year 2015. 11. Estimated Revenue and Planned Mining Costs The Canadian Creek mining operation is intended to be environmentally low impact and thus low volume. Equipment to be used includes an excavator and washing plant and pump. 11.1. Estimated Resource Value Estimated Resource 168,055 ounces = 4,764,274 grams Mining Extraction Ratio 75% Recovery ratio 75% Other losses 10% Estimated mined 85,077 ozs = 2,411,890 g Gold Price (conservative) $1,500 Estimated Revenue $127,615,500 85,077 ozs x $1,500 11.2. Planned Mining Costs, Revenue and Profit – 2014-2018 Revenue Option 1 Option 2 Amount of mining hours Mining weeks 20 Days 20 x 6 Hours 8 Total hours 960 hrs Additional miner Mining Rate 50 t/hr 100 t/hr Tons mined 48,000 t 96,000 t 7 Average grade 2 g/t 2 g/t Ore mined 96,000 g 192,000 9 Recovered Ore 96,000 x 75% rec -10% other losses Value of Ore recovered 64,800 g 129,600 g $3,428,633 $6,857,266 Mining Costs (Refer to 10.2 above) Mining labour $98,000 $196,000 Other mining costs $168,020 $314,520 Non-mining costs $143,400 $143,400 Total Mining Costs $409,420 $653,920 Profit At a mining rate of 50 t/hr $3,020,213 per annum At a mining rate of 100 t/hr $6,203,346 per annum There are some minor cost changes to years 2015-2018, as indicated in 10.2 above. However, as these are negative compared to 2014, the mining costs have been left unaltered for the purposes of the profit estimation statement made in this document. The estimates above are based on information and assumptions as known at the date of issue of this document and reflect, as accurately as possible, the potential outcome of mining operations at the Canadian Creek Maple Leaf Gold concession # 371540. For budget costs on other Concession phases please inquire with Adrian Laprise, President/CEO. 8