BANKS ISLAND GOLD LTD - TSX-V:BOZ

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BANKS ISLAND GOLD LTD - TSX-V:BOZ
BANKS ISLAND GOLD LTD.
        TSX-V:BOZ
      INVESTOR PRESENTATION
          JANUARY 2014        1
BANKS ISLAND GOLD LTD - TSX-V:BOZ
FORWARD LOOKING STATEMENTS
This presentation includes certain “forward-looking statements” such as estimates and
statements that describe Banks Island Gold’s property, future plans, objectives or goals. All
statements in this presentation, other than statements of historical facts, that address future
production, reserve potential, exploration and development activities and events or
developments that the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such forward-looking statements involve known and
unknown risks, uncertainties, and other factors that may cause actual results, performance or
developments to differ materially from those in the forward-looking statements. Factors that
could cause actual results to differ materially from those in forward-looking statements
include , but are not limited to, market prices, environmental conditions, judicial, regulatory
and political developments, exploration and development successes, continued availability
of capital and financing, and general economic, market or business conditions.

                                       CAUTION
The Company cautions that mineral resources that are not mineral reserves do not have
demonstrated economic viability. Banks Island Gold Ltd. has not established mineral reserves
supported by a NI43-101 compliant technical report and feasibility study. The Company
cautions readers that production may not be economically feasible.

Mr. Benjamin Mossman P.Eng, CEO of Banks Island Gold is the qualified person who reviewed
and approved the contents of this presentation.                                        2
BANKS ISLAND GOLD LTD - TSX-V:BOZ
DIRECTORS
                                                                   Benjamin Mossman, P.Eng
                                                                   President, Director and Chief Executive Officer
                                                                   Mr. Mossman is an accomplished leader and highly
                                                                   skilled engineer. Benjamin has diverse experience in
                                                                   underground mining having worked at eight
                                                                   underground producing mines with production rates
                                                                   ranging from 250tpd to 3,000tpd.

                                                                   Wolfgang Nickel, P.Eng
                                                                   Chairman of the Board of Directors
                                                                   Mr. Nickel is recently retired from a distinguished
                                                                   career with Teck Resources Ltd. Wolf was President
                                                                   and General Manager of Highland Valley Copper,
                                                                   Canada's largest open pit copper mine, from 2001 to
                                                                   2009.

                               BOZ SHARE STRUCTURE                 Frederick Sveinson, P.Eng
Shares Issued & Outstanding                           44,983,000   Director
                                                                   Mr. Sveinson has extensive experience in exploration,
Options (average price $0.47)                          3,430,000
                                                                   development, construction, operation, and financing
Warrants (average price $0.93)                        11,633,000   of mineral projects in Canada and internationally.

Fully Diluted                                         60,046,000
                                                                   Jason Nickel, P.Eng
Officers & Directors                    7.7M shares         17%    Director
                                                                   Mr. Nickel is an experienced leader, entrepreneur,
Imperial Metals Corporation (TSX:III)   1.8M shares          4%    and mining engineer with diverse experience in
                                                                   producing underground and open pit mines.
Recent Share Price                                         $0.47
Recent Market Capitalization                              $21M     Saurabh Handa, C.A.
                                                                   Director
Working Capital                                          *$3.0M
                                                                   Mr. Handa is a Chartered Accountant, certified by the
*Includes $3M Advance Concentrate Payment                          Institute of Chartered Accountants of British Columbia.
                                                                   Saurabh is currently the CFO for Yellowhead Mining
                                                                   Inc.
                                                                                                                   3
BANKS ISLAND GOLD LTD - TSX-V:BOZ
BANKS ISLAND GOLD
                              is a mine development company

                                TARGETING GOLD PRODUCTION

                                                 AT MINES
                                                    That are
                             Modern ● Productive ● Efficient

                                       USING
                   High Level Engineering + Staged Development

                                  TO ACHIEVE
              Higher Returns ● Lower Risk ● Accelerated Production

The Company cautions that mineral resources that are not mineral reserves do not have demonstrated economic
viability. Banks Island Gold Ltd. has not established mineral reserves supported by a NI43-101 compliant technical
                                                                                                             4
report and feasibility study. The Company cautions readers that production may not be economically feasible.
BANKS ISLAND GOLD LTD - TSX-V:BOZ
BRITISH
COLUMBIA

GOLD PRODUCING
   MINE & MILL
  LOCATED ON
    TIDEWATER
        IN
BRITISH COLUMBIA

                   5
BANKS ISLAND GOLD LTD - TSX-V:BOZ
GOLD PRODUCER
                                                                   – 2014 TARGET 28,000oz Au
                                                                          CAPACITY
                                                     PROCESSING PLANT WITH EXPANDABILITY
                                                   COMPANY MINING & DIAMOND DRILLING CREWS
                                                         TALENTED & MOTIVATED TEAMS

                                                                            GROWTH
                                                                    HI-GRADE YELLOW GIANT
                                                            WITH EXCEPTIONAL EXPLORATION POTENTIAL
                                                                LOCATION ON TIDEWATER
                                                                   REGIONAL FOCUS
                                                           USING CENTRAL BASE OF OPERATIONS
                                                    MINERAL RESOURCES
                                Measured                                         Indicated                                             Inferred
                                       Au Grade Ag Grade                              Au Grade Ag Grade                               Au Grade             Ag Grade
                         Tonnes          (gpt)    (gpt)                 Tonnes          (gpt)    (gpt)                 Tonnes           (gpt)                (gpt)

    YELLOW
                              31,000       23.4            44               47,000        22.7             43            81,000           13.7                  28
     GIANT
 TOTAL MEASURED & INDICATED =                        57,600oz Au
 TOTAL INFERRED =                                    35,700oz Au
 YELLOW GIANT mineral resource stated at a 6gpt Au Cutoff grade. Grades capped at 98th percentile
 Current NI43-101 Complaint Resource for Yellow Giant calculated in February 1 2013 for Banks Island Gold Ltd by R. Baldwin P.Eng
 For details on the data verification and the key assumptions, parameters and methods used to calculate the mineral resource estimate, please see the Yellow Giant Technical
 Report, a copy of which was filed on SEDAR on February 6, 2013 and is available at www.sedar.com

The Company cautions that mineral resources that are not mineral reserves do not have demonstrated economic
viability. Banks Island Gold Ltd. has not established mineral reserves supported by a NI43-101 technical report
                                                                                                             6 and
feasibility study. The Company cautions readers that production may not be economically feasible.
BANKS ISLAND GOLD LTD - TSX-V:BOZ
YELLOW GIANT
                                                                HIGH GRADE GOLD
                                                             UNDERGROUND MINING
                                                           GOLD/SULPHIDE CONCENTRATE
                                                 AGGRESSIVE EXPLORATION
                                                          DISCOVER NEW MINERALIZATION
                                                         EXPANSION OF CURRENT RESOURCE

        BOB ZONE
        1ST LEVEL

The Company cautions that mineral resources that are not mineral reserves do not have demonstrated economic
viability. Banks Island Gold Ltd. has not established mineral reserves supported by a NI43-101 compliant technical
                                                                                                             7
report and feasibility study. The Company cautions readers that production may not be economically feasible.
BANKS ISLAND GOLD LTD - TSX-V:BOZ
OFF-TAKE AGREEMENT

• Off-take agreement for sale of Gold-Sulphide
  Concentrates from Yellow Giant Project with
  Metallica Commodities Corp.
• Offtake agreement includes advance payments of
  $6,000,000 in 2013.
• $3,000,000 of advance payments drawn to date.
• Unsecured debt - Interest Rate of 8.5% per annum.
• Repayment of advances from payments of 25% of
  invoice value from concentrate purchases.
• Term is for the existing mineral resources at Yellow
  Giant.

                                                         8
BANKS ISLAND GOLD LTD - TSX-V:BOZ
*Full details on exploration results are available on the Company's website and in the “Technical Report on Banks Island
Mineral Property” dated Feb 1st 2013” which is located on www.sedar.com

YELLOW GIANT                                                                    FIRST ROUND AT BOB ZONE)

GOLD PROJECT

                                            GOLD PRODUCER
                                YELLOW GIANT GOLD PROJECT

                                                                                                                           9
BANKS ISLAND GOLD LTD - TSX-V:BOZ
YELLOW GIANT
          EXPLORATION POTENTIAL

         MINERAL RESOURCES ON 4 ZONES
               BOB ● TEL ● KIM ● DISCO

KNOWN ZONES DRILLED TO ONLY 150m BELOW SURFACE
                ALL FOUR ZONES
         OPEN TO DEPTH AND ON STRIKE

     COMPANY OWNED DIAMOND DRILL & CREW

         12 ADDITIONAL GOLD SHOWINGS
                        WITH
             LIMITED OR NO DRILLING
                      OVER A
      10km TREND OF GOLD MINERALIZATION

                                                 10
YELLOW GIANT
10km Trend of Gold Mineralization

                                    11
BANKS ISLAND
                   BRITISH COLUMBIA

COMMERCIAL PRODUCTION (2014)
  YELLOW GIANT GOLD PROJECT

                                      12
YELLOW GIANT
                      COMMERCIAL PRODUCTION (2014)
        MINIMIZE CAPEX ● ACCELERATE TIMELINE ● MAXIMIZE PRODUCTIVITY

                                     TARGETING PRODUCTION
                                                       OF
                                          28,000oz Au /Year
                                                PRODUCING A
                                  Gold Sulphide Concentrate

                         DENSE MEDIA SEPARATION & FLOTATION
                                                ADVANTAGES:
                        Rejection of 50% Mass at a Coarse Crush
                           Allows Use of Mechanized Mining
                          All Tailings Impounded Underground
The Company cautions that mineral resources that are not mineral reserves do not have demonstrated economic
viability. Banks Island Gold Ltd. has not established mineral reserves supported by a NI43-101 compliant technical
                                                                                                             13
report and feasibility study. The Company cautions readers that production may not be economically feasible.
PROCESS FLOWSHEET

                ConsuMet Ltd.
                Mineral Proc es s Cons ulting

                                                14
DENSE MEDIA
SEPARATION
   PLANT

         YELLOW GIANT GOLD PROJECT

                                     15
MOBILE FLOATATION PLANT

                          16
TEL ZONE MINE PLAN
    3D ISOMETRIC

                     17
YELLOW GIANT
                                                                                        TEL SITE

                                            END OF PRESENTATION
                                       WWW.BANKSISLANDGOLD.COM

Mr. Benjamin Mossman P.Eng, CEO of Banks Island Gold is the qualified person who reviewed and approved the contents of this   18
presentation.
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