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Exploring For Gold in a Gold-Rich System

Corporate Presentation

November 2011 LDM:TSXV

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Forward-looking statements relate to future events or the anticipated performance of the Company and reflect

management’s expectations or beliefs regarding such future events and anticipated performance. In certain

cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected",

"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words

and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be

taken", "occur" or "be achieved", or the negative of these words or comparable terminology. By their very

nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may

cause the actual performance of the Company to be materially different from any anticipated performance

expressed or implied by the forward-looking statements.

Important factors that could cause actual results to differ from these forward-looking statements include risks

related to failure to define mineral resources, to convert estimated mineral resources to reserves, the grade and

recovery of ore which is mined varying from estimates, future prices of gold and other commodities, capital and

operating costs varying significantly from estimates, political risks arising from operating in Brazil, uncertainties

relating to the availability and costs and availability of financing needed in the future, changes in equity

markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of

projects, conclusions of economic evaluations, changes in project parameters as plans continue to be refined,

uninsured risks and other risks involved in the mineral exploration and development industry.

Although the Company has attempted to identify important factors that could cause actual performance to

differ materially from that described in forward-looking statements, there may be other factors that cause its

performance not to be as anticipated. 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. Accordingly, readers should not place undue reliance on forward-looking statements. These

forward-looking statements are made as of the date of this presentation and the Company does not intend,

and does not assume any obligation, to update these forward-looking statements.

Qualified Person - Murray Paterson, P.Geo, Vice President Exploration and Development for Lago Dourado

Minerals Ltd, is the Qualified Person, within the meaning of NI 43-101,who reviewed the technical data in this

presentation.

Forward Looking Statements

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Why Lago Dourado?

Clean exploration story

100% ownership of flagship Juruena project

Brazil – favourable mining jurisdiction

Well financed (current cash balance ~$4mln)

Experienced executive team

Juruena Project – Size Potential

One of the most extensive gold-in-soil anomalies

globally (+10sq km)

+0.5 Moz gold mined at surface

Multiple gold zones already identified

Upcoming catalysts

2 drill rigs turning – 15,000m Phase I campaign

underway

Property largely untested

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Capital Structure Shares (M)

Pre-Initial Public Offering (IPO) 42.2

IPO – November 2010(1) 18.4

Issued to Geomin (previous owners) 1.5

Secondary Financing – July 2011 9.2

Basic Shares Outstanding 71.3

Options(2) 6.7

Warrants(3) 9.0

F/D Shares Outstanding 87.0

Major Shareholders

Management & Directors (7%)

Rosseau Asset Management (23%)

Pinetree Capital (11%)

(1) Gross proceeds of $9.2mln (18.4 M shares issued at $0.50)

(2) 1.55 M exercisable at $0.25 until June 2015, 1.55 M exercisable at $0.35 until September 2015, 2.0 M exercisable at $0.60 until

December 2015, 0.1 M exercisable at $0.90 until April 2016, 0.2 M exercisable at $0.75 until June 2016, 1.4 M exercisable at $0.50 until

November 2016

(3) 2.1 M exercisable at $0.50 until July 2012, 1.3 M exercisable at $0.50 until November 2012, 1.0 M exercisable at $0.91 until April 2014,

4.6 M exercisable at $0.70 until January 2013

Corporate Overview

Source: Stockwatch

Investor Snapshot

Share Price (November 1, 2011) $0.29

Market Cap (November 1, 2011) $21 M

Average Daily Volume (3 months) 20,000

Cash On Hand (Aug 31, 2011) $5.5 M

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Brazil Summary

Quick Facts

7th largest economy in the world

12th largest gold producer in the

world

4th ranked jurisdiction globally in

which to invest in mining projects

(Behre Dolbear 2011 report)

Experienced cost effective labour

Extensive infrastructure

Energy independent

5th most populous country

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Management & Board of Directors

Thomas Obradovich Chairman 20 yrs experience in developing mineral projects

from grass roots to advanced exploration

Former Director of Aurelian, Ex-President & CEO

of Young-Davidson Mines

Forbes Gemmell President & CEO Former precious metals analyst at Raymond

James covering mid-tier gold producers

10 years experience in the investment industry

CFA charterholder

Murray Paterson VP Exploration & Development 15 yrs experience in precious/base metal operations

in a variety of geological environments

Mine Geological Superintendent for

Equinox at Lumwana and Chief Mine Geologist

at the world-class Geita Gold Mine in Tanzania

Dr. David Groves Technical Advisor Former Professor of Economic Geology at UWA

Co-authored over 500 geological publications – received 11 medals for his research

Dan Noone Director VP Exploration at Guyana Goldfields

20 years experience including senior geologist

roles in PNG, Indonesia & South America

Dean MacEachern Director Co-founded Lago Dourado

20 years precious & base metals exploration predominantly with Falconbridge (1988-2005)

Jon Douglas Director Senior VP & CFO of Northgate since 2001

Involved in A&D and operation of gold projects

in North America and Australia

Michele McCarthy Director Chief Legal Officer for GMAC Residential Funding

Advisor to mutual funds and hedge funds on corporate governance, compliance & HR matters

Frederico Marques Director Foreign legal consultant at Heenan Blaikie LLP

10 years in-house legal experience with Vale, Brasil Telecom and Odebrecht

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Juruena – Active Workings

Extensive Surface Workings

Jacaré pit Est. 10,000 oz Au

extracted in 1 year

Garimpeiros (Artisanal

Miners)

Property worked by garimpeiros since

1980s (>0.5Moz Au mined)

Only alluvials and saprolite mined (to

an average depth of ~30m)

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Owned mid-1990s by Ourominas Minerals

Failed to make property payment in late 1997 (weak gold price, post-Bre-X)

Property position has been consolidated by Lago Dourado

100% ownership, ~70,000 hectares

Licences previously split between Talon & Geomin

Juruena – Background

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Juruena/Teles Pires Horst

Regionally extensive granite belt with multiple intrusive events

Stretches east-west for >400km, average width 30km, 7Moz produced 1979-1997

Access to the project by small airplane, dirt road and river

Juruena – Alta Floresta Gold Belt

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Porphyry to High-

Sulfidation Mineral System

Different styles of mineralization within

different host environments

Indicative of multiple mineralizing

pulses

Resulting in multiple gold zones over

several hundred metres to kilometres in

strike

Juruena – Local Geology

Crentes

Noventa

Graus

Querosene

Jacare’s

Field

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Drilling vs Gold-In-Soil Anomalies

Historic Drilling

91 holes (15,000m) drilled in

mid-1990s

Concentrated on existing

garimpeiro workings

No systematic drill work

over entire mineralized system

Current Drilling

~ 10,000m completed of

15,000m Phase I campaign

Currently 2 drill rigs turning

Four main target areas:

A. Crentes

B. Querosene

C. Jacare’s Field

D. Noventa Graus

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Potential Geological Model?

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Additional Targets

Tomate Pit

Pronounced circular geophysical feature

Clearly defined mineralised structure, coincident

with major soil anomaly & consistent with

geophysical trend

Narrow high-grade and broad stockwork-

fractured mineralisation

Uiliam Pit

Massive sulfide mineralization on edge of

a dyke

Mineralized sheeted veins in volcanic rock

Mineralized zones joined by quasi

stockworked veins

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Juruena – On-site Infrastructure

On-site infrastructure

largely complete

(office, core shack,

sleeping quarters,

classroom, nursery,

kitchen/canteen)

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Juruena – Community Relations

School & local health clinic

upgrade complete

Upgrade of telecommunications

underway

Local committee formed to

implement community programs

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2 known deposits hosted in

eastern most package of volcanics and granite

Jauru belt hosts VMS type showings and shear zone gold showings

Option agreement to acquire 70% of project

Historic Drill Intercepts for

J6-A Target

- 14.7 g/t Au over 12.0m

- 11.4 g/t Au over 11.0m

- 5.8 g/t Au over 12.1m

Jauru – Gold Exploration Project

Geomin Option (85,000 hectares)

20km

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Jauru – Geology & Magnetics

J7

J6B

J6A

J6A

J7

J6A target – 2km long gold-in-soil anomaly along structural corridor

J7 target – 4km long gold-in-soil anomaly along geological contact

zone

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Strategy focused on discovery of a multi-million ounce gold deposit at the Juruena

Project

15,000m Phase I drill program underway - designed to test most prospective targets and gain a better understanding of the geological model

Multiple gold zones already identified over the massive gold footprint- property remains largely untested

Well funded to complete remainder of drill

program

Exploration Outlook

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Jauru

Payment schedule outlined below earns Lago a 70% interest (joint venture is established with standard dilution clauses)

Option to buyout remaining 30% for US$8 M

Juruena

Talon - 100% interest for $1 M cash, 0.5 M shares + 0.5 M warrants

Geomin – 100% interest for $1 M cash, 1.5 M shares + 1.0 M warrants

Appendix A - Deal Structures

Year-End Option

Payments (US$)

Exploration

(US$)

Total

(US$)

On Signing $150,000 Nil $150,000

August 2010 $250,000 $350,000 $600,000

August 2011 $300,000 $450,000 $750,000

August 2012 $300,000 $1,200,000 $1,500,000

August 2013 $500,000 $1,500,000 $2,000,000

Total $1,500,000 $3,500,000 $5,000,000

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FOR MORE INFORMATION, PLEASE CONTACT:

Forbes Gemmell, President & CEO

Natasha Blackburn, Corporate Development

55 University Avenue Suite 700, Toronto ON M5J 2H7

Tel: 416 368 5005 TF: 1 855 368 5005 Fax: 416 703 8299 E: investor@lagodourado.com