Mine South America: Focus on Colombia
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Mine South America: Focus on Colombia June 17, 2010. Forward Looking Statement.

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Forward looking statement
Forward Looking Statement

The statements made in this presentation may contain forward-looking statements that involve risks and uncertainties, which may prevent expected future results from being achieved. Forward- looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe", "anticipate", "expect", "estimate", "project", "will be", "will continue", "will likely result" or similar words or phrases. Forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements.

All dollar figures are in US dollars unless otherwise indicated.

TSXV: EEL


Overview
Overview

  • Experienced management and geologic team

    • 200 years of expertise with over 20 different companies

    • Discovery experience from both majors and juniors

    • Extensive experience in Latin America

  • Focus on two significant gold projects :

    • Advanced Stage Exploration Company

    • Immediate Opportunity:

      • San Simon Project, Bolivia, NI 43-101

    • Continuing Opportunity:

      • Fredonia - Marmato Area, Colombia

TSXV: EEL

TSXV: EEL

3



Business Plan: Timing the Point of Sale

EEL Sale of Asset

TSXV: EEL


Management team and directors
Management Team and Directors

Hans Rasmussen,President, COO, Director:

Newmont, Rio Tinto/Kennecott, juniors

Paul Zdebiak, VP Corporate Development, Director:

Commodities, markets, company building.

Dr. Odin Christensen,Director, QP:

Newmont Chief Geologist, Director

Carl B. Hansen, Director: CEO Atacama Pacific Gold Corp; Ex-President and

CEO Andina; also INCO, TVX Gold, Kinross

Dr. Thomas Henricksen, Director: Bear Creek, Rio Tinto/Kennecott, juniors.

Bill Jung, Chief Financial Officer: TSX-Venture companies, entrepreneur

Sean Sullivan: Consultant, Finance and Corporate Development

TSXV: EEL

TSXV: EEL

6


Share structure
Share Structure

TSXV: EEL

TSXV: EEL


Why colombia
Why Colombia?

Least explored of the mineral rich Andes Cordillera

Modern infrastructure & skilled workforce

Pro-mining government, promoting rapid growth

Major mining companies have presence or are reviewing acquisitions

In 2010, rated 7th best mining jurisdiction by Behre Dolbear, an improvement over 2009

Longest running democracy in S. America, 150+ years

TSXV: EEL

8


Productive porphyry gold terranes worldwide
Productive Porphyry Gold Terranes Worldwide

Whistler, Alaska

5 Moz (Kennecott)

Bingham Canyon, Utah

50+ Moz (Kennecott)

Grasberg, Indonesia

70+ Moz (Rio Tinto)

Lindero, Argentina

2 Moz (Mansfield)

Penasquito, Zacatecas

17 Moz Au (Kennecott, Western Silver, Glamis, Goldcorp)

TSXV: EEL


Prolific gold belts of colombia
Prolific Gold Belts of Colombia

Greystar

Ventana Gold

Galway

Eaglecrest Focus:

Fredonia, etc.

TSXV: EEL

TSXV: EEL

10



Target
Target

2-20 million ounces gold is possible

Level of Erosion

1km

TSXV: EEL


Lindero 3d block model 100 mansfield minerals
Lindero 3D Block Model – 100% Mansfield Minerals

PA

8

9

PMP

2

10

7

8

3900

7

3

2

10

1

5

5

3

1

MVZ

4

4

P2

3400

Potential for 25Mt of 1.15g/t Au,0.14% Cu resource

PVZ

Low grade P2: 84Mt of 0.4g/t Au, 0.1% Cu

TSXV: EEL


Fredonia quebradona regional geology
Fredonia-Quebradona Regional Geology

Fredonia Area

Eaglecrest/Bullet

  • Quebradona Drilling: >2M ounces gold

  • 51%:49% B2Gold:AngloGold Ashanti

  • 43 holes total, 13,300m total

  • 3 target areas tested

  • La Mama Zone returned best results:

  • 700m x 400m area Au-mineralized

    Hole 24: 380m of 1.1g/t Au,

    including 80m of 2.02 g/t Au.

    Hole 20: 129m of 1.0g/t Au,

  • Hole 22: 80m of 1.0g/t Au,

  • Hole 23: 59m of 1.66 g/t Au,

  • Hole 25: 368m of 0.67 g/t Au,

  • including 78m of 1.1g/t Au.

Quebradona Area

B2Gold/AngloGold

La Mama Zone

14

TSXV: EEL

TSXV: EEL


Gold districts fredonia area
Gold Districts, Fredonia Area

Reserves of 5Mt at 7-10g/t gold

  • La Mina:

  • Trenching: 135m 0.89 g/t Au, 0.21% Cu

  • Drilling (6 holes total):

  • Hole 2: 94m of 1.12g/t Au

  • Hole 4: 52m of 0.43g/t Au

  • Hole 5: 88m of 1.296g/t Au

Propylitically-altered porphyry up to 0.36 g/t Au. East-west fault zone 7% Zn, 58g/t Au

TSXV: EEL

TSXV: EEL

15


Bolivia mining operations
Bolivia Mining Operations

At least 10 foreign mining operators are currently active

  • Coeur D’Alene Mines: produced 2.1M oz Ag in Q1-09 at San Bartolome; $240 M invested

  • Pan American Silver: operates San Vicente silver mine since 2005, doubling production; $72 M invested

  • Jindal Steel and Power Limited: committed $2.1 Billion to mine 50% Mutun Iron Deposit

  • Sumitomo: operates the San Cristobal zinc-silver mine’s 70,000 tpd open pit mine

  • Orvana Minerals: Don Mario Gold Mine; cash cost $350/oz Au. $5M net per quarter

  • Inti Raymi (formerly Newmont): Operates Korri Chaca mine

  • Lithium: Bolivia’s resources largest in world

TSXV: EEL



Investment proposition
Investment Proposition

  • $6.0 M to fund 2010 Exploration Program

    • to bring Flagship Bolivian project to the point of sale to reward investors

    • to continue growth and expansion of our Colombian resource base for future profit and growth

    • Turn San Simon Project, Bolivia into market ready asset:

      • NI43-101 Gold Resource at Doña Amelia - contracted SRK Consulting

      • Drilling (20,000 metres) on Paititi-Buriti Trend

      • In-house resource, followed by 43-101 resource at Paititi

    • Work Program Fredonia Area Project, Colombia:

      • Airmag, sampling, mapping through Q3 2010

      • Target selection

      • Drilling (2,000 metres) Q4 2010

TSXV: EEL

TSXV: EEL

18


Valuations
Valuations

20- Year Historical Market Valuations should be $120 based on today’s gold price

TSXV: EEL

TSXV: EEL


For more information please contact
For more information, please contact:

Eaglecrest Exploration

Paul Zdebiak, VP Corporate Development

T: + 1 604 687 7272

E: [email protected]

CHF Investor Relations

Jeanny So, Director of Operations

T: + 1 416 868 1079

E: [email protected]

www.eaglecrestexplorations.com

TSXV: EEL

TSXV: EEL


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