No regulatory authority has approved or disapproved the information contained in this presentation. This presentation includes certain statements that may be deemed “forward looking statements”. All statements in this presentation, other than statement of historical facts, that address future production, reserve potential, exploration drilling, exploration activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors should be cautious that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. The company does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

CAUTIONARY & FORWARD LOOKING STATEMENT

3

3 SIGNIFICANT ASSETS

KOBADA, Mali 218 sq km

•PEA: July, 2011- $216.9M NPV; 90.6% IRR; @ $1,100 Au•1,093,000 oz Au (Inferred) from 15% of strike; 43-101 •126,600 oz Au annual production target, GRG from Oxide•Feasibility underway, Bulk Mining Model•< 3% of 218 sq km drill tested

MANKRANHO, Ghana 108 sq km

•Northern extension of Newmont’s Ahafo project•$8mm (USD) JV with Newmont to earn up to 70%•Geochem, IP & mapping to establish drill targets

ASANKRANGWA, Ghana 456 sq km

•On strike with PMI’s Obotan - 4.5M oz Au @ 2.5 g/t Au •Contiguous with Keegan’s 5.1M oz Au resource (Esaase)•24 km gold anomaly with extensive artisanal workings

CORPORATE OVERVIEW

Ticker Symbol: TSX-V: “AGG”Current Price: C$0.40 – C$0.6052 Week Hi/Low: C$1.06 - C$0.30Common Shares: 115,564,988Options + Warrants: 6,365,000 options 9,804,000 warrants

Fully Diluted: 131,733,988Insider Ownership: ~15% (Fully Diluted)Debt: ZeroInstitutional Sh’s: Pinetree Capital ~15% PAN AM

Sprott AM ~10% Sentry Select RBC Asset Mgmnt Dundee Resources

US Global Advisors SALIDA Capital …Picton Mahoney Swiss Canto AM

4

Lake Tchad

LIBYA

NIGERIA

NIGER

MALI

ALGERIA

BURKINAFASO

MAURITANIA

GUINEA

IVORYCOAST

CAMEROUN

SIERRALEONE

GUINEABISSAU

SENEGAL

River

Senega l River

Niger

B enue R ive r

GAMBIA

ACCRA

BAMAKO

GHANA

MOROCCO

TO

GO

BE

NIN

LIBERIA

5 KOBADA, MALI

6

POSITIVE PRELIMINARY ECONOMIC ASSESMENT July 2011

IRR vs. Gold Price

• +1,000,000 Oz Au From 15% Strike At Kobada Mali• 126,600 Oz Au - Average Annual Production Target• CapEx $125,000,000 – OpEx $458/oz Au

Gold PriceVariation $US

Pay BackPeriod (month)

Net PresentValue (M)

IRR(%)

$900 23 $103.2 48.8$1,000 17 $160.1 70.1

$1,100 14 $216.9 90.6$1,200 11 $273.7 110.7

$1,450 8 $415.8 160.1

IRR vs. Operating Cost Variation

Operation CostVariation (%)

Pay BackPeriod (month)

Net PresentValue (M)

IRR(%)

IRR Variation(%)

-25 11 $286.7 114.9 +26.8-15 12 $258.8 105.2 +16.1

Base 14 $216.9 90.6 -+15 16 $175.0 75.7 -16.4+25 18 $147.1 65.6 -27.6

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Gold Fields aquires 90% of Glencar for ₤ 28,000,000

• 3 km from Kobada, Mali

• Water - 7 km from the Niger River

• Power – 45 km from Selinque Hydro

• Access – 3.5 hr drive to site

LOCATION MAP: KOBADA CONCESSION

July 2009

8

•+500 ppm arsenic anomaly extending over 12km strike x 1km wide

• Extensive artisanal Surface & hard-rock activity

Historical Exploration

• BRGM, La Source, COMINOR

KOBADA AREA

Geochemistry Plan Map Arsenic

0 10km

9

COMPILATION MAP

Kobada Gold Project

Type Company Year No. HolesTotal

MetresNo. Holes inside

resource area

DDH BRGM 1988 7 913 6

RC La Source ‘95 to ‘96 50 4,803 27RC Cominor 2002 19 1,350 17AC Cominor 2002 25 1,736 2RC Cominor 2004 65 5,205 20RC Cominor 2004 23 1,820 1

DDH AGG 2005 6 1,033 6

DDH AGG ’06 to ‘07 99 23,742 99RC AGG 2007 110 9,851 7

DDH DD 2009 2 100 2

RC DD 2009 24 2,257 9

RC AGG 20 10 163 19,086 102

DD AGG 2010 8 827 8

Total     601 72,723 306

Dec 31, 2010 (DD = Due Diligence)

• 7 distinct geophysical targets• Identified 218.5 Sq Km footprint• ~15% explored

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• 43-101 Zone 1 Resource (July, 2011) • 1,700 meter strike length

• 41,750,000 tonnes assaying 0.64 g/t Au• Bulk Mining Model•Includes 100% of material contained within mineralized corridor

• 126,600 oz’s Au Annual Target - GRG

• 2011 RC Drilling – 100% step-out

• 1,550 meters south of Zone 1• 2,000 meters north of Zone 1• Foroko North Discovery Zone• Gossokorodji Anomaly

•Testing East-West veins (extension fractures) within the N20 E Kobada shear zone

KOBADA ZONE 1

Plan Map

11

BLUE SKY POTENTIAL

“NORTH”

July 2009

450 m Step out to 1100S

Arms Length Entity Drills 24 Holes As Part

of Due Diligence

• 11 holes in Zone 1

•13 Step Out Holes To Test Northern Extension

KBRC09-208 m of 7.74 g/t Au

&21 m of 4.89 g/t Au

2011AGG drills 12 Step Out Holes drilling to 2000

To Test E-W Extension Fractures

• KBRC11-019•34 m @ 2.08 g/t Au

•KBRC10-020•14 m @ 0.53 g/t Au •18 m @ 0.72 g/t Au•66 m @ 0.71 g/t Au

•KBRC10-023•10 m @ 1.24 g/t Au•72m @ 0.76 g/t Au

•KBRC10-024•8 m @ 2.68 g/t Au•24 m @ 0.76 g/t Au

•KBRC10-025•18 m @ 3.36 g/t Au•15 m @ 4.79 g/t Au

•KBRC10-026•7 m @ 1.14 g/t Au•24 m @ 0.9 g/t Au•45 m @ 1.21 g/t Au

12

KBRC11-016• 15m @ 1.61 g/t Au• 20m @ 0.46 g/t Au• 10m @ 2.38 g/t Au

1.5 km Step Out to 000 N area

KBRC11-012 •8m @ 0.59 g/t Au• 7m @ 0.34 g/t Au• 8m @ 6.23 g/t Au• 9m @ 0.59 g/t Au• 7m @ 0.56 g/t Au

2 km Step Out to 400 N area

KBRC11-003• 6m @ 1.29 g/t Au• 4m @ 0.51 g/t Au• 10m @ 0.80 g/t Au• 6m @ 1.23 g/t Au• 13m @ 0.57 g/t Au

BLUE SKY POTENTIAL NORTH

1 km Step Out to 400 S area

KBRC7-015 • 8m @ 5.08 g/t Au• 22m @ 1.48 g/t Au

KBRC07-038• 5m @ 4.04 g/t Au

Kobada Concession: Plan Map Zone 1 + RC Step-Out

13

KBRC10-034• 23 m @ 2.10 g/t Au

KBRC10-038• 53 m @ 1.53 g/t Au &• 9 m @ 5.78 g/t Au

KBRC10-047• 62m @1.04

KBRC10-59• 48 m @ 1.28 g/t Au

• Planned 2011 Drilling - North and South along trend of this mineralized envelope

BLUE SKY POTENTIAL NORTH

FOROKO NORTHDiscovering a new gold zone - 4.3 km North of Zone 1

14

Section 2750S

RPA10-006• 18m @ 1.18 g/t Au• 26m @ 1.08 g/t Au

RPA10-005• 16m @ 1.11 g/t Au • 28m @ 1.79 g/t Au

Section 2800S

RPA10-002• 28m @ 0.69 g/t Au

RPA10-003• 16m @ 1.70 g/t Au• 47m @ 1.99 g/t Au

RPA10-008A• 102m @ 1.0 g/t Au

BLUE SKY POTENTIAL SOUTH

600m Step Out From Zone 1

Section 3000S

KBRC11-043• 52m @ 1.02 g/t Au

Section 3350S

KBRC11-055• 35m @ 0.90 g/t Au

Section 3400S

KBRC11-059• 14m @ 3.08 g/t Au

2800S Zone

Dec 2010

BLUE SKY POTENTIAL SOUTH & EAST TERMITE ZONE

First Pass Drilling: Up To 1 km South & 300 Meters East of Zone 1 Deposit

15

16

17

COMPILATION MAPNorthern Asankrangwa Belt

AGG Select DD ResultsMoseaso (2004)

MA04-05: 51.45 m @ 0.74 g/t

MA04-08: 13.35 m @ 2.16 g/t Manso Atwere (2008)

MADD08-11 18 m @ 1.65 g/tincluding 9 m @ 3.52 g/t

Asuowunu (2008)

TADD08-12 7 m @ 2.34 g/t

2.7 kg GOLD NUGGET DISCOVERED AT KOBADA, MALIFeb. 26, 2008

19 11 Panning for Coarse Free GoldARTISANAL MINING ALONG THE FEI RIVER

20 11PANNING FOR COARSE FREE GOLD

21 12

REGIONAL ARTISANAL MINING

Ongoing for centuries

22

SURFACE WORKERS WASH ORETo recover Gold

MINERS DIG VERTICAL SHAFTS

To Intercept Mineralized zone & excavate ore horizontally

23

24

Source: Newmont, Information Handbook,September 2003

NewmontRC drilling

Area II

Area III

Area IVb

Area IVa

Area I South

Area I North

Mankranho License

Mankranho License

NEWMONT JVUS$8 mm – 70%

Drill Target generation underway

NEWMONT’S DEVELOPMENT PLANS & DRILL TRAGETS

Source: Newmont, Information Handbook, September 2003

25

Artisanal Pit 110m(L) X 40m(W) X 30m(H)2003-2007

MANSO ATWERE

MANSO ATWERE

Channel Samples• 12M of 2,73 g/t Au• 22M of 2.36 g/t Au• 8M of 1.14 g/t Au

Assay Results From Pit

27

Grab Sample Analysis• J1059 10.2 g/t Au• J1060 20.9 g/t Au

CRUSHING & WASHING ORE

Michael A. Nikiforuk, President, Founder and Director• Former Vice President, Corporate Development and Former Director of Banro Resource Corp.• Represented Banro in three rounds of equity financing totaling approximately $30 million

Marco J. Durante, Vice President & Secretary, Founder and Director

• Substantial past experience with mining companies including Banro Resource Corporation and Lyndex Exploration• Focus on Investor Relations strategies and financing initiatives

Pierre Lalande P. Geo. • 1994-2001, Chief Geologist IAMGOLD Corp.• 40 years field experience – 35 years West African experience• 2001-2005 Technical Adviser to Orezone Resources Inc. (Essakane, Burkina Faso)• Contributed to Development of: Sadiola (Mali), Yatela (Mali), Siguri (Guinea), Kiniero (Guinea) and Samira-Libiri

(Niger)

Jean-Jacques Lefebvre, MSc, (Belgium); Eng. (France) Director• Former Chief geologist , Union Miniere, Central Africa• Involved in negotiation and acquisition of SOMINKI for Banro Resource Corp (1995)• Negotiated acquisition of Kobada gold concession with Cominor S.A. for AGG (2005)• Senior Geologist with PBK Engineering Ltd. (Director of Geology in Congo for SODEMIZA project)• Extensive African continent experience

David S. Brown, LL.B, Director• Partner in the Corporate Department of Toronto based WeirFoulds LLP• Founder and past Chairman and presently serves as a Director of the Toronto Venture Group.• President of the Limited Market Dealers Association of Canada and member of the Executive Committee of the

Toronto Angel Group.

BOARD OF DIRECTORS

28

MANAGEMENT & ADVISORY BOARD

29

Michael A. Nikiforuk, President (See Board of Directors)

Marco J. Durante, Vice President & Secretary (See Board of Directors)

Jaimie Macpherson, CFO• 20+ years experience in financial management, tax, audit and corporate governance expertise.

Kevin Downing PhD, Vice President, Exploration• Structural geologist with17 years experience in gold exploration.

Sekou Konate, Managing Director, AGG (Mali) SARL• Former senior bureaucrat and advisor to the Minister of Mines, Government of Mali

ADVISORY BOARD

W. Durand (Randy) Eppler, M.Sc.• Former Vice President, Corporate Planning for Newmont Mining Corp., Vice President, • Newmont Capital Corp., and former President of Newmont Indonesia• Prior to joining Newmont, he was the Managing Director of Chemical Securities Inc.• Holds a Master’s Degree in Mineral Economics from the Colorado School of Mines

OUR FOCUS: PRODUCTION

30

• KOBADA, Mali – Positive Preliminary Economic Assessment • ASANKRANGWA, Ghana – On Strike with PMI Obatan’s Keegan’s Essase deposit• MANKRANHO, Ghana – Northern extension of Ahafo• Management = +100 Collective years of African experience.• Michael Nikiforuk: Former VP & Director, Banro (’95-’98)• Pierre Lalande: Former Chief Geologist IMG, 35 years experience West Africa• Marco Durante: Former IR Banro• Jean-Jacques Lefebvre: 40 years experience African continent• Kevin Downing: 17 years exploration experience• Closed 6 tranches ~$40,000,000• Strong Institutional Ownership: Pinetree, Sprott, US Global, RBC, …