10-01-2012 Entree Gold Corporate Presentation

8/2/2019 10-01-2012 Entree Gold Corporate Presentation

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In the Company of Giants

January 2012

Entre Gold atOyu Tolgoi Headframe

Rio TintoBingham Canyon

Entre JV Discovery Hole


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2TSX:ETG | NYSE AMEX:EGI | FRANKFURT:EKA

Cautionary StatementThis corporate update contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-

looking information within the meaning of applicable Canadian securities laws.

Forward-looking statements include, but are not limited to, the future price of gold, copper and molybdenum, the estimation of mineral reserves and resources, therealization of mineral reserve and resource estimates, the timing and amount of estimated future production, costs of production, capital expenditures, cost and

timing of the development of new deposits, success of exploration activities, permitting time lines, requirements for additional capital and government regulation of

mining operations. While Entre Gold Inc. (Entre or the Company) has based these forward-looking statements on its expectations about future events as at the

date that such statements were prepared, the statements are not a guarantee of the Companys future performance and are subject to risks, uncertainties,

assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.

Such factors and assumptions include, amongst others, the effects of general economic conditions, changing foreign exchange rates and actions by government

authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking statements. In addition,

there are also known and unknown risk factors which may cause the actual results, performances or achievements of the Company to be materially different from

any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors are described in the section entitled

Risk Factors in the Companys Annual Information Form dated March 25, 2011 filed with the Canadian Securities Administrators and available at www.sedar.com.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in

forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no

assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such

statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking

statements, whether as a result of new information, future events, or otherwise. Accordingly, readers should not place undue reliance on forward-looking

statements.

The Company's exploration activities are under the supervision of Robert Cann, P.Geo., Vice President, Exploration of Entre. Mr. Cann is a qualified person as

defined in National Instrument 43-101- Standards of Disclosure for Mineral Projects (NI 43-101). Except where otherwise noted, Mr. Cann is also responsible for

the preparation of technical information contained in this corporate update.

All minerals reserves and mineral resources have been calculated in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum

and NI 43-101. Cautionary Note to United States Investors: United States investors are advised that while the terms measured mineral resources, indicated

mineral resources inferred mineral resources and probable mineral reserves are recognized and required by Canadian regulations, the United States Securities

and Exchange Commission (SEC) does not recognize them. United States investors are cautioned not to assume that any part or all of the mineral deposits in these

categories will ever be upgraded to a higher category, or converted into mineral reserves. Inferred mineral resources have a great amount of uncertainty as to their

existence, and as to their economic and legal feasibility. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other

economic studies. United States investors are cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally

minable. Disclosure of contained ounces is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report

mineralization that does not constitute reserves as in place tonnage and grade without reference to unit measures. Accordingly, information contained in this

corporate update containing descriptions of the Companys mineral properties may not be comparable to similar information made public by U.S. companies subject

to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.

The information in this corporate update is for informational purposes only. Readers should not rely on the information for any purpose other than to gain general

knowledge of Entre. This information is not intended to be, and should not be construed as, part o f an offering or solicitation of securities.

Note 1: See the technical report titled "Lookout Hill Property Technical Report" dated June 9, 2010 prepared by AMEC Minproc Limited, a copy of which is available

on SEDAR at www.sedar.com.

Note 2: Ann Mason is estimated to contain an inferred resource of 810.4 million metric tonnes grading 0.40% copper, using a 0.30% copper cut-off. Accompanying

molybdenum is estimated at 165.9 million metric tonnes at a grade of 0.01% molybdenum. Based on these figures, the Ann Mason deposit contains approximately

7.1 billion pounds of copper. See the technical report titled NI 43-101 Compliant Technical Report on the Ann Mason Property, Nevada, USA with an effective

date of March 11, 2011 prepared by Wardrop Engineering Inc. and Robert Cann, P.Geo., Entres Vice President, Exploration, a copy of which is available on SEDAR at

www.sedar.com.


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Development at Oyu Tolgoi

Construction 75% CompleteMongolia

On the Path to Production


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Rapidly Advancing Ann Mason ProjectUnited States

On the Path to ProductionYerington Yerington Pit


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Mongolia

Entre-OTLLC JVHugo North Extension

Heruga100% EntreShivee WestCu-Au-Mo

Grass Roots ExplorationUnited States Mongolia Australia Peru

United States

100% EntreAnn Mason

Blue Hill

Earn-In Agreement

Roulette

Cu-Mo

Corporate StrategyStriking the balance between opportunity and risk


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Resources

*CuEq estimated using US$1.35/lb Cu, US$650/oz Au, US$10/lb Mo. Figures are NI 43-101 compliant.


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Strategic Partners

Entre-OTLLC JVUS$35,000,000 JV earn-in

>US$54 million to dateEntre 20% - Ivanhoe 80% (deep)

Entre 30% - Ivanhoe 70% (shallow)

Carried to production

Rio Tinto (13%)*49% of IvanhoeStandstill until January 2012

Commitment >US$3.7 billion

Ivanhoe Mines (11%)*Oyu Tolgoi, Mongolia

*Issued & Outstanding


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Shareholder Base Fully Diluted

56%Held by top 13Shareholders

12%

10%

8%

7%

4% 4%

2% 2% 2%

1% 1%1% 1%


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Board of Directors

Greg Crowe President & CEO, Director

James Harris Chairman, Director

Michael Howard Deputy Chairman, Director

Lindsay Bottomer VP Business Development, Director

Peter Meredith Director

Mark Bailey DirectorAlan Edwards Director


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Financial Information

Treasury (As of September 30, 2011)Gross proceeds from sale of Togoot and Financing

Issued and OutstandingOptions - 10,900,000 (Average price ~Cdn$1.98)

Fully Diluted

52 week High / Low

Analyst Coverage

~Cdn$11million~Cdn$16 million

128,300,000

139,200,000

Cdn$3.35 / $1.05

TD NewcrestHallgarten & Co. LLC


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Growth Through Exploration

Mongolia New gold zone discovered on Shivee West in 2011Ongoing drilling on JV property


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Shivee Tolgoi - Oyu Tolgoi Trends


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Growth Through Exploration

Mongolia New gold zone discovered at Shivee West in 2011Ongoing drilling on JV property

USA Drilling at Ann Mason, NVDrill permits at Oak Grove (pending) and Lordsburg, NM

& Acquisitions


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Entree Gold - USA

USA


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Properties

MinnesotaShamrock

Rated No. 1 miningjurisdiction in USA Underdeveloped camp with significant Cu

No major company involvement

Yerington MineProduced 1.8 billion lbs Cu (1918-1982)

Pumpkin Hollow - Nevada Copper5.9 billion lbs Cu @ 0.55% (M&I)

(0.2% Cu cut-off)

Entre ProspectsBlackjackRoulette

Yerington,NevadaUSA


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Yerington Property

Ann Mason 100% Entre 7.1 billion lbs Cu inferred

810 Mt @ 0.40% Cu0.3% Cu cut-off

(10.6 billion lbs Cu inferred1410 Mt @ 0.34% Cu

0.2% Cu cut-off)Additional 2012 drill targets

Blue Hill Roulette

Recent updates 650 m of 0.39% CuEq (EG-AM-11-010)*

Includes intervals >0.6% CuEq 988 m of 0.38% CuEq (EG-AM-10-001)**

Mineralization extended 325mSee Note 2 of Cautionary Statement. Figures are NI 43-101 compliant.

* See news release dated Sept.6, 2011.

** See news release dated Feb. 7, 2011.


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Partners: Empirical DiscoveryExplore for buried porphyry Cu-Mo targets

Proprietary geophysical techniques Four properties drilled

Entre discovery at Lordsburg Intercepts to 0.44% CuEq* over 60 m Further exploration planned

Other targets

Oak Grove

USA

Properties

* Copper equivalent estimated using US$1.35/lb Cu and US$650/oz Au. See news release dated Oct. 8, 2011.

ArizonaNew Mexico


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Porphyry Copper DepositsWestern North America

* Copper equivalent

Morenci, AZ3200 Mt

Ann Mason, NV810 Mt

Mount Milligan*, BC707 Mt

Rosemont, AZ543 Mt

Gibraltar, BC460 Mt

Highland ValleyCopper, BC440 Mt

Safford, AZ243 Mt

Copper Mountain, BC233 Mt

Tyrone, NM180 Mt

Carlota, AZ64 Mt

0.5

0.4

0.3

0.2

0.1

%Copp

er


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Mongolia


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Oyu Tolgoi Trend

0.9% CuEq2.2%CuEq

See Note 1 of Cautionary Statement. Figures are NI 43-101 compliant. IVN IDP 10 and ETG Technical Report - www.SEDAR.comThe mineral reserves are not additive to the mineral resources.Copper equivalent estimated using US$1.35/lb Cu, US$650/oz Au, US$10/lb Mo. A 0.6% CuEq cutoff was used.


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Resources20% Carried Interest

See Note 1 of Cautionary Statement. Figures are NI 43-101 compliant. IVN IDP 10 and ETG Technical Report - www.SEDAR.com* The mineral reserves are not additive to the mineral resources.** Copper equivalent estimated using US$1.35/lb Cu, US$650/oz Au, US$10/lb Mo.*** 0.6% CuEq cutoff.

Hugo North ExtensionCu-AuProbableMineralReserves*

27Mt ore1.85% Cu and 0.72 g/t Au

1B lbs Cu / 0.53M oz Au

IndicatedResources** 5.6B lbs CuEq117 million tonnes*** - 1.8% Cu, 0.61 g/t Au

4.6B lbs Cu / 2.3M oz Au

InferredResources** 2.8B lbs CuEq95.5 million tonnes***- 1.15% Cu, 0.31 g/t Au2.4B lbs Cu / 0.95M oz Au

Hugo North ExtensionCu-Au HerugaCu-Au-MoProbableMineralReserves*

27Mt ore1.85% Cu and 0.72 g/t Au

1B lbs Cu / 0.53M oz Au

IndicatedResources** 5.6B lbs CuEq117 million tonnes*** - 1.8% Cu, 0.61 g/t Au

4.6B lbs Cu / 2.3M oz Au

InferredResources** 2.8B lbs CuEq95.5 million tonnes***- 1.15% Cu, 0.31 g/t Au2.4B lbs Cu / 0.95M oz Au

17.4B lbs CuEq910 million tonnes***0.48% Cu, 0.49 g/t Au, 0.014 % Mo

9.6B lbs Cu / 14M oz Au

HUGONORTHEXTENSION

HERUGA


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Exploration Potential - Entre OTLLC JVOver 17 km of the 27 km mineralized OT Trend


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Argo and Zone III Gold TargetsShivee West

Argo ZoneSurface Sampling 42.4 g/t Au over 4 m 19.3 g/t Au over 3 m

Drilling 1.82 g/t Au over 14 m (hole 112)including 9.32 g/t Au over 2 m 2.21 g/t over 3 m (hole 111)

Zone IIIDrilling

2.08 g/t Au over 8 m (hole 123)including 5.60 g/t over 2 m


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-

2

4

6

8

10

12

InferredIndicated

Increased Shareholder ValueGrowth of Copper Assets

1.1B lb CuEq*(with 0.5 M oz Au)

4.1B lb CuEq*(with 3 M oz Au)

Billions(

lbs)

*CuEq estimated using US$1.35/lb Cu, US$650/oz Au, US$10/lb Mo. Figures are NI 43-101 Compliant.

Includes HNEMineral Reserves

Mongolia

Ann MasonNevada

7.1B lb Cu


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Volume(Thousands)

Shaping the Company

2004 2005 2006 2007 2008 2009 2010 2011

Sha

rePrice

Marketcapitaliza

tion

($Millions)

Share priceMarket capitalization

IDP

PacMagAcquisition

IA/Updated HerugaResource

Windfall TaxAbolished

Effective Jan 2011

Investment AgreementSigned Oct 6, 2009

Rio Invests inIVN

Windfall Tax/Falling Metal Prices

BMOFinancing

HerugaDeposit

Discovery

Rio-IVN Warrants

IVN Deal

Rio-IVN PP

MongolianElection

June 2008

Mineralization Extended atAnn Mason

Financing;Rio Exercises

Pre-Emptive Rights

Hugo NorthExtension


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United StatesAnn Mason Drilling 2012 Resource update and PEA

US Exploration Drilling Oak Grove Lordsburg

MongoliaJoint Venture Drilling by partners 2012 Development andexploration to 2016 First DevelopmentProduction 2016* Production HNE and Heruga

to post 2070*Shivee West Drilling gold targets 2012

*Per IDP-10

Going Forward


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Monica HammManager Investor [email protected] - 604-687-4777 - www.entreegold.com

10-01-2012 Entree Gold Corporate Presentation

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Transcript of 10-01-2012 Entree Gold Corporate Presentation