South America Region – Chucapaca Project Investor Visit – Lima, Peru Day 1 | 14 November 2011 Forward Looking Statement

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South America Region – Chucapaca Project Investor Visit – Lima, Peru Day 1 | 14 November 2011 Forward Looking Statement South America Region – Chucapaca Project Investor Visit – Lima, Peru Day 1 | 14 November 2011 Forward Looking Statement Certain statements in this document constitute “forward looking statements” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward looking statements. Such risks, uncertainties and other important factors include among others: economic, business and political conditions in South Africa, Ghana, Australia, Peru and elsewhere; the ability to achieve anticipated efficiencies and other cost savings in connection with past and future acquisitions, exploration and development activities; decreases in the market price of gold and/or copper; hazards associated with underground and surface gold mining; labour disruptions; availability terms and deployment of capital or credit; changes in government regulations, particularly environmental regulations; and new legislation affecting mining and mineral rights; changes in exchange rates; currency devaluations; inflation and other macro-economic factors, industrial action, temporary stoppages of mines for safety and unplanned maintenance reasons; and the impact of the AIDS crisis in South Africa. These forward looking statements speak only as of the date of this document. The company undertakes no obligation to update publicly or release any revisions to these forward looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events. 2 Safety Safety is our number one value and comes before all else If we cannot mine safely, we will not mine 26 months without LTIs More than 2.5 million man hours worked without LTI 3 Project Team Experienced project team Recently appointed Vice President – Concept and Studies Matt is a geologist with broad experience from greenfield exploration, mineral resource management through to mining Matt Dusci Exporation Manager He has been General Manager for Minera Gold Fields Perú since 2008 and has also been involved in the Chucapaca Project since the discovery Between 2004 and 2007, Matt was responsible for various exploration and mining projects in South America Federico is a mining engineer with 28 years of mining experience, performing managerial positions since 1995 Federico Schwalb General Manager He was involved in the development of the Yanacocha mine in 1992 and was appointed General Manager for the mine in 2002 Federico also led the feasibility study of Vale’s Bayóvar phospate project A mechanical – electrical engineer by profession, John has been working in the mining industry since 1975 performing engineering for underground John Hawxby and open pit mining projects Project Director Past experience includes design and project management for mines in Zimbabwe, Ghana and other countries in Africa Manuel has more than 30 years of experience in the mining industry, with emphasis on mine optimisation, planning and project development Manuel Villanueva Mining Manager He was the former Manager of the Feasibility Study for Pan-Pacific Copper’s Quechua project in the Peruvian Southern Andes Peter is a forest engineer and former Environmental, Health, Safety and Community Relations Manager in Pluspetrol Norte. Peter Orams Environmental Manager He also worked at the Yanacocha mine as the External Affairs, Environmental and Social Relations Manager and Special Projects Manager Javier Escudero Javier’s experince includes numerous Community Relations and Sustainable Development positions in global mining companies which inlcude External Affairs Manager Antamina and Rio Tinto, as well as in the Natural Gas Liquefaction Project with PERU LNG and COLP (part of Hunt Oil) 4 Joint Venture Both joint venture partners have an excellent track record of developing projects in Peru Gold Fields, with 51% interest in the joint venture, operates the project Buenaventura, a major player in Peru’s mining industry for more than 40 years, owns the remaining 49% of the project 5 Geology & Mineral Resource Chucapaca Project – Location Titicaca Cerro Corona Lake 19 AREQUIPA 6 16 3 Chucapaca JV (CDH) PUNO Chucapaca Project TITIRE MINING CONCESSIONS Gold Fields Canteras del Hallazgo SYMBOLOGY Town !. Capital of Department MOQUEGUA Main Road Affirmed way Dirt Road BOLIVIA Pacific Ocean TACNA GRAPHIC SCALE CHILE 7 Physiography (DTM) Titicaca Cerro Corona Lake 19 6 16 3 Chucapaca JV (CDH) Chucapaca Project TITIRE MININGM CONCESSIONS S Gold Fields Canteras del Hallazgo SYMBOLOGY Town !. Capital of Department Main Road Affirmed way Dirt Road ELEVATION (masl) BOLIVIA 5500 5000 Pacific 4500 Ocean 4000 3500 TACNA GRAPHIC SCALE 3000 2500 CHILE 8 Mineral Deposits LEGEND Quaternary Lakes Alluvial deposits Glacial - fluvio-glacial deposits Titicaca Cenozoic Late Miocene - Recent volcanic arc (andesite) Lake Paleogene andesite intrusion Miocene rhyodacite rhyolite intrusion Miocene lacustrine sediments and tuffs Continental sedimentary rocks and andesite AREQUIPA Eocene – Miocene andesitic lavas and volcaniclastic Paleocene - Eocene conglomerates redbeds Mesozoic Chucapaca JV Cretaceous intermediate volcanic arc Cretaceous - Paleogene granitoid Coastal Batholith (CDH) Cretaceous - Paleogene monzonite Coastal Batholith PUNO Cretaceous limestones and calcareous sedimentary Cretaceous continental sedimentary rocks Cretaceous epicontinental - continental sedimentary Jurassic sedimentary rocks with limestones Jurassic sedimentary rocks Jurassic limestones Jurassic intermediate lavas and volcaniclastic Paleozoic Paleozoic sedimentary and metasedimentary Precambrian MOQUEGUA Precambrian metamorphic basement Structures Faults Deposit Type )" HS BOLIVIA )" IS Pacific )" LS Ocean (! Porphyry Cu-Mo ^_ Sediment Hosted - Carbonate TACNA GRAPHIC SCALE FG Gold Veins - Mesothermal $1 Sn-Sb Bolivian Type CHILE 9 District Geology Canahuire Chucapaca Domes Complex 10 Canahuire Deposit View Looking West Diatreme breccia Hualhuani Fm. Complex Gramadal Fm. Gramadal Fm. Chucapaca dome Labra Fm. complex Looking to West 11 Timeline to Discovery 12 Canahuire Resource Definition Drilling GF Phase 2 (July 2010 – Oct 2011) 24,000 Total Meters –72,089m GF Phase 1 20,000 (June 2009 – June 2010) Total Meters – 15,235m 16,000 BVN (July 2008 to May 2009) 12,000 Total Meters – 7,056m Drill Metres 8,000 4,000 - BVN Phase 1 Total Drill Metres (including support related) Phase 2 Resource Definition Drilling on Canahuire Deposit 98,615m 13 Major Intercepts CCP10_088C CCP10_103 CCP09_060 131.913131.1 m @ 3.29g/t 163.50 m @ 3.71g/t CCP09_052 48.0m @ 18.71g/t Au Au 38.9m @ 10.1g/t Au Au DRILLING Buenaventura Gold Fields : 2009009 - 20102010 CCP11_280 Gold Fields : 2010010 -2011-2011 76.0m @ 7.71g/t Au CCP11_295CCP11_295 72.7m72.7m @ 7.7.20g/t20g/t AuA CCP10_137 62.2 m @ 5.23g/t Au CCP11_181 175.5m @ 2.50g/t Au CCP10_129CCP10_12 29 36.236.2 m @ 12.56g/t12.56g/t Au CCP11_174 42.55m @ 11.89g/t Au CCP09_028 44.05m @ 8.95g/t CCP10_112CCP10_112 CCP10_153 Au 127.25m27.25m @ 2.93g/t 58.7m @ 4.76g/t Au CCP10_106 AuAu andand and 75.45 m @ 7.56g/t 89.4m9.4m @ 6.68g/t Au 56.1m @ 26.45g/t Au Au 14 Canahuire Deposit Cross Section 300W Silver (Breccia -BXP Gold (Replacement in limestone – CAL) Gold and Copper (Breccia –BXPS) Au (g/t) - Left Cu (ppm) - Right ≥ 5 ≥ 3,000 2 - 5 2,000 - 3,000 Gold (Replacement in 1 - 2 1,000 - 2,000 0.5 - 1 400 – 1,000 0.3 – 0.5 < 400 limestone and 0.1 – 0.3 < 0.1 structure – CAL) LEGEND Fault Certain Fault Inferred RCC – Colluvial (Quaternary) BXP - Polymictic Breccia with Juvenile Clast BXPR - Polymictic Breccia with Rhyolite Clast BXM - Monomictic Breccia BXPS - Polymictic Sedimentary Clast IRH - Rhyolite (Dyke/ Dome) HSC - Sandstone and Shale (Hualhuani Fm.) SSQ - Quartz Sandstone (Hualhuani Fm.) CAL - Limestone (Gramadal Fm.) CSC - Sandstone and Shale (Gramadal Fm.) SMC - Sandstone and Shale (Labra Fm.) 15 Canahuire Deposit Cross Section 300W CCP09_024 46 m @ 1.13g/t Au, 0.08% Cu, 8.71g/t Ag CCP09_29A CCP09_024CCP09_024 59.63 m @ 1.82g/t Au, 335.65.6 m @ 2.06g/t Au, 0.06% Cu, 7.44g/t Ag 0.04% CuCu,, 1.841.84g/tg/t Ag CCP09_052 CCP10_085 3838.9m.9m @ 1010.10g/t.10g/t AuAu,, 56.50 m @ 1.76g/t Au, 2.35g/t Ag & 0.03%C0.03%Cuu Au (g/t) - Left Cu (ppm) - Right 0.08% Cu, 4.17g/t Ag ≥ 5 ≥ 3,000 2 - 5 2,000 - 3,000 CCP10_153 1 - 2 1,000 - 2,000 58.7m @ 4.79g/t Au, 0.5 - 1 400 – 1,000 CCP09_058CCP09_058 0.3 – 0.5 < 400 11.43g/t.43g/t AgAg & 0.03% CuCu 53.6553.665 m @ 2.43g/t Au, 0.1 – 0.3 < 0.1 0.06%0.066% Cu, 4.044.04g/tg/t AAgg CCP10_153 56.1m @ 26.45g/t Au, LEGEND CCP10_086 5.96g/t Ag & 0.01% Cu Fault Certain 10.55 m @ 4.51g/t Au, Fault Inferred 0.07% Cu, 5.99g/t Ag RCC – Colluvial (Quaternary) BXP - Polymictic Breccia with Juvenile Clast BXPR - Polymictic Breccia with Rhyolite Clast BXM - Monomictic Breccia BXPS - Polymictic Sedimentary Clast IRH - Rhyolite (Dyke/ Dome) HSC - Sandstone and Shale (Hualhuani Fm.) SSQ - Quartz Sandstone (Hualhuani Fm.) CAL - Limestone (Gramadal Fm.) CSC - Sandstone and Shale (Gramadal Fm.) SMC - Sandstone and Shale (Labra Fm.) 16 Mineral Resource September 2011 35% increase in Mineral Resource to 7.6Moz AuEq from 5.6Moz AuEq Grade Metal Tonnes Category Au Ag Cu AuEq Au Ag Cu AuEq (Mt) (g/t) (g/t) Cu (%) (g/t) (Moz) (Moz) (Mlb) (Moz) Measured - - - - - - - - - Indicated 92.6 1.5 11.6 0.09 1.8 4.3 34.6 178.6 5.5 Inferred 40.2 1.4 8.9 0.09 1.7 1.8 11.5 75.4 2.2 Total 132.7 1.4 10.8 0.09 1.8 6.1 46.1 254.0 7.6 Note: 1: These Mineral Resources are not Mineral Reserves as an assessment to a minimum of a prefeasibility study is required.
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