The Company

PanTerra Gold Limited (formerly EnviroGold Limited) is an Australian based emerging gold producer involved in the development of gold and silver properties, with its emphasis on projects in Latin America hosting refractory ore which requires oxidation prior to metal recovery through standard carbon-in-leach ("CIL") processing.

Since listing on the Australian Stock Exchange in early 2006, PanTerraGold has identified a number of gold and silver prospects in the Dominican Republic, Ecuador, and Peru, with near term development potential.

Current activities are focused on the construction of the Las Lagunas gold tailings project ("Las Lagunas Project") in the Dominican Republic, which will commence production of gold and silver in Q2 2012 at the annualised rate of approximately 65,000 oz gold and 600,000 oz silver.

The Company has also formalised an option agreement to purchase a 2200ha concession in the Azuay Region of southern Ecuador covering seven small scale underground gold mining operations which are expected to be expanded in 2012-13 to produce 300,000 tonnes of ore, and approximately 100,000 oz gold per year commencing Q4 2013 ("Azuay Project").

Both the Las Lagunas and Azuay projects will involve recovery of gold from refractory ore, which will require oxidation prior to extraction by cyanidation.

PanTerra Gold will, where appropriate, utilise Xstrata Technology's patented Albion oxidation process which renders inert and non-soluble, toxic sulphur and arsenic contained in the refractory ore, thereby eliminating the threat of acid mine drainage, and providing a net benefit to the environment.

In addition to the current projects, PanTerra Gold has an interest in over 30,000 ha of highly prospective concessions in the Dominican Republic and Ecuador, and proposes to construct a commercial Albion/CIL plant in northern Peru to treat refractory concentrates from mines in the region. The Company expects to grow through new developments, acquisitions, and mergers.

Near term cash flow from the Las Lagunas project will provide equity for the development of the Azuay underground mining project in Ecuador, and an active exploration program of open pit mining targets in both countries.

The 8600 ha La Paciencia concession in the Dominican Republic, which is along strike and underlain by the same geology as Barrick Gold Corp's 25 million oz Pueblo Viejo refractory gold deposit, is also likely to host refractory ore, and future exploration will be aimed at producing feed for the Las Lagunas process plant to extend its operational life.

Development of mines on any of PanTerra Gold's current exploration areas, other than La Pacienca, would probably result in the production of a copper/gold/silver concentrate, and would not utilise the Albion oxidation process.

PanTerra Gold has an experienced management team in place, led by its Executive Chairman, Brian Johnson, the founder and former Managing Director of Mount Gibson Iron Limited and Portman Mining Limited, and expects to recruit additional senior executives.