1. EVEREST GOLD INC. (EGI) KABUL KOH COPPER PORPHYRY PROSPECT, CHAGAI DISTRICT, BALOCHISTAN, PAKISTAN
A presentation compiled by
Fuzail Siddiqui PhD, P.Geo.
Consulting Geoscientist
23 September 2012

2. CONTENTS SUMMARY PROPERTY DESCRIPTION GEOLOGY AND ALTERATION
SURFACE MINERALIZATION
ORE BODY MODEL
CHIP SAMPLING
GEOPHYSICAL EXPLORATION PLAN
DRILLING PLAN

3. SUMMARY
KABUL KOH COPPER PORPHYRY PROSPECT, LOCATED ABOUT 50 KM WEST OF DASHT-E-KAIN, IS A SIGNIFICANT NEW ADDITION TO EGI PORTFOLIO
CU-PORPHYRY STYLE ALTERATION IS EXPOSED OVER AN AREA OF ABOUT 1X1.5 SQ.KM
GEOLOGICAL/ALTERATION MAPPING AND CHIP SAMPLING WAS COMPLETED IN MAY-JUNE ASSAYS AWAITED
COPPER ORE, SUFFICIENT IN GRADE AND TONNAGE TO SUPPORT SMALL SCALE MINING, IS EXPOSED IN SOUTH
TO PROVE CONTINUATION OF CU-RESOURCE TO N & E NEEDS GEOPHYSICAL SURVEYS.
AFTER THE GEOPHYSICAL RESULTS, 3D RESOURCE ESTIMATION WILL BE DONE BY CORE DRILLING

4. PROPERTY DESCRIPTION
EXPLORATION LICENSE (EL 55), RENEWED TILL 24 JULY 2019
BARREN ROLLING HILLS IN DEPRESSION, CIRCLED BY STEEP HILLS ON N,W &S (Fig. 1)
CLIMATE ARID, SUB-ZERO IN WINTER, UPTO 40 C IN SUMMER
EXPENSE ON ROAD WORK, COMMUNICATION
AND POWER SUPPLY REQUIRED.
WATER POTABLE, DEPTH ~ 7 m IN WELLS
POPULATION ABOUT 10 HAMLETS, COMMUNITY COOPERATIVE
NEAREST TOWN FOR SUPPLY/SERVICES ABOUT 4 HOURS DRIVE SOUTH
Show next slide.

5. TOPOGRAPHY OF KABUL KOH PROSPECT
FIG. 1. PROSPECT LOCATED IN CENTRAL DEPRESSION

6. GEOLOGY AND ALTERATION
HOST ROCKS: GRANODIORITE PORPHYRY (GDP) DOME, INTRUSIVE IN SINJRANI VOLCANICS (SV)
GDP DOME WITH CORE ALTERED TO QUARTZ-SERICITE, PHYLLIC AND PROPYLITIC ALTERATION
EROSION HAS PARTLY REMOVED THE GREY GDP COVER TO EXPOSE BROWN - WHITE ALTERATION
POTASSIC ALTERATION, NORMALLY ASSOCIATED WITH COPPER IN PORPHYRY SYSTEMS, NOT OBSERVED, BUT ITS EXISTENCE IN SUB-SURFACE CANNOT BE RULED OUT
FIG. 2 IS A GEOLOGICAL/ALTERATION MAP OF THE PROSPECT AREA

7. COPPER MINERALIZATION
MINEABLE CU-OXIDE MINERALIZATION SEEN IN VEINS IN ALTERED GDP SOUTH AND WEST OF THE VILLAGE AT LOCATIONS SHOWN BY GREEN SYMBOLS IN FIG. 2. AND IN PHOTOS FIG. 3 AND 4.
LONGEST VEIN EXPOSURE IS ~ 9 m WIDE, OVER 100 m LONG NEARLY VERTICAL AND STRIKING EW
MINERALIZATION ZONE WEST OF VILLAGE APPEARS TO CONTINUE NORTHWARDS UNDER THE ALTERED GDP
GEOPHYSICAL EXPLORATION PLANNED TO INVESTIGATE THE SUBSURACE CONTINUATION

8. FIG. 2 GEOLOGICAL & ALTERATION MAP
FIG. 2. SARD AB IS ALTERNATIVE NAME FOR KABUL KOH, AREA~1X1.5 Sq.km., Green dots=copper oxide showings, (for legend see Fig.5)

9. CU-OXIDE MINERALIZATION
FIG. 3. FRACTURE FILLING AND DISSEMINATED CU-OXIDES IN ALTERED GDP SOUTH OF KABUL KOH AREA

10. CU-OXIDE MINERALIZATION
FIG. 4. A copper rich oxide cap at the top of a mineralized vein south of the hamlet at Kabul Koh

11. ORE BODY MODEL
POSSIBILITY OF COPPER PORPHYRY ORE BODY MODEL AT KK WITH ROOF PARTLY IN TACT
IN THE SOUTH, EROSION HAS REMOVED THE GDP ROOF AS WELL AS THE ALTERED ROCKS AND LOCALLY OPENED A WINDOW TO THE ENCLOSED COPPER MINERALIZATION
NORTH OF THE VILLAGE, EROSION APPEARS TO HAVE PARTLY REMOVED THE GDP ROOF BUT THE UNDERLYING ALTERED ROCKS ARE IN TACT
NEXT SLIDE IS A SKETCH SECTION OF A TYPICAL CU-PORPHYRY SYSTEM; EXISTENCE OF SUCH A SYSTEM BURIED IN TACT AT KK NOT RULED OUT
THIS MODEL BEING USED TO PLAN EXPLORATION

12. TYPICAL CROSS SECTION OF A CU-PORPHYRY

13. CHIP SAMPLING
33 CHIP SAMPLES COLLECTED FROM DIFFERENT OUTCROPS AND HAND DELIVERED TO SGS LABORATORY KARACHI FOR COPPER AND GOLD ASSAYS
STRONG CU MINERALIZATION IDENTIFIED OVER LARGE AREA;
23 OF 34 SAMPLES ASSAYED GREATER THAN 0.50% CU, 2 SAMPLES GREATER THAN 0.25 g/t AU ( UP TO 0.29 g/t )
LARGE ALTERED AREA TO THE SOUTH AVERAGED 1.84% CU

14. CHIP SAMPLING IN PROGRESS

15. GEOPHYSICAL EXPLORATION
THE KK MINERALIZATION APPEARS SUITED FOR GEOPHYSICAL EXPLORATION, BEFORE DRILLING, FOR FOLLOWING REASONS:
SURFACE MINERALIZATION IS CU-OXIDE TYPE, BUT THERE IS EVIDENCE FROM RESIDUAL COPPER/IRON SULPHIDES TO SHOW THAT PRIMARY MINERALIZATION IS DISSEMINATED SULPHIDE TYPE
SUCH MINERALIZATION IS AMENABLE TO INVESTIGATION BY GROUND MAGNETIC AND ELECTRICAL METHODS
EXPOSED MINERALIZATION CAN BE USED TO CALIBRATE EQUIPMENT
GEOPHYSICAL EXPLORATION IS PLANNED
400 POINT ARRAY IS SHOWN ON MAP: NEXT SLIDE
MAGNETIC, SP AND IP SURVEYS PLANNED

16. 400 POINT ARRAY FOR GEOPHYSICAL SURVEYS
EFG
Fig. 5. Green= Volcanics, Red= GDP, Pink= Quartz-Sericite alteration, Blue= argillic alteration, Yellow=Alluvium, Cu veins in EFG-6&7, Area~1.5x1 sq. km.

17. CONCLUSION
ON THE BASIS OF FIELD INVESTIGATIONS TO DATE KABUL KOH COPPER PORPHYRY PROSPECT IS FOUND WORTHY OF FURTHER EXPENDITURE ON GEOPHYSICAL EXPLORATION AND CORE DRILLING FOR RESOURCE ASSESSMENT Fuzail Siddiqui PhD, P. Geo. Consulting Geoscientist