First Quarter 2012 MGG:TSX.V

PROVEN MINE FINDERS

Forward Looking Statements

Some of the statements contained in this presentation are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.

Qualified Person: Mr Stephen R Maynard, M.S., C.P.G., has acted as the qualified person as defined in National Instrument 43-101 for this disclosure and supervised the preparation of the technical information in this release.

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Strong Foundation for Growth

Successful Management Team• Discovered 200 million ounces Silver & 8 million ounces Gold in the last decade • Involved in two takeovers - $424M West Timmins Mining merger (Lake Shore Gold)

$140M Underworld Resources (Kinross Gold Corp.)

Strong Institutional Ownership• 65% owned by reputable investment funds; average cost of shares is $0.60• 25% owned by management

District-Scale Exploration Projects• Large land position in the 15M oz Au Guerrero Gold Belt (eg. Goldcorp, Torex Gold)• Eight exploration projects in Mexico, three drill programs planned in next six months

Healthy Balance Sheet• $4M cash balance with no debt, and tight share structure

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Successful Project Finders

Board of Directors:

David Jones, M.S.

Discovered 8 million ounce Los Filos Gold Skarn deposit

Peter Megaw, Ph.D.

Discovered MAG Silver’s 200 million ounce Ag Juanicipio deposit, Cinco de Mayo and Pozo Seco Projects, and Excellon Resources’ Platosa Mine

Richard Brissenden, CA.

Founder/President of Mexican Silver producer Excellon Resources, director of Minera Andes

Michael Williams, Executive Chairman

Founder/President of Full Metal Minerals, Chairman and founder of Underworld Resources, purchased by Kinross Gold for $142 million

Lawrence Talbot

Mining Lawyer with over 24 years of experience. Currently a Director of Cardero Resources, International Tower Hill Mines, Wealth Minerals and Balmoral Resources

Stephan Zimmermann, Ph.D.

Partner in Wehrli Zimmermann Gleixner & Partners in Zurich

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Accomplished Management Team

Darrell Rader, BBA, President, CEO & Director

Mining and exploration financer and operator. Served as manager of Corporate Development for Energold Drilling and IMPACT Silver Corp. (2003-2010) during which Energold expanded from 2 drill rigs to over 80 and had 22 consecutive profitable quarters. IMPACT Silver moved from early stage exploration into one of the most profitable silver producers in Mexico. Significant experience managing operations, arranging financing and structuring mergers and acquisitions.

Stephen Maynard, M.S., Vice President Exploration

Exploration geologist for over 30 years and worked with geological teams that discovered the 1.5-million-ounce gold Efemcukuru deposit in Turkey and Metallica Resources' three-million-ounce gold Cerro de San Pedro deposit in Mexico. Significant experience with orogenic gold, volcanogenic massive sulphide and epithermal systems.

Cale Moodie, CA, Chief Financial Officer

Previously served as the CFO of both Underworld Resources prior to its acquisition by Kinross Gold and Sierra Geothermal prior to its acquisition by Ram Power. Worked for a number of years in public practice accounting at KPMG LLP’s Vancouver Industrial Markets Group.

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Share Structure

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Institutions65%

Management and Directors

20%

Retail15%

Symbol MGG:TSX.V

Shares Issued 45,741,146

Options 3,620,000

Warrants None

Fully Diluted 49,361,146

52 Week: Hi/Low C$0.95 / C$0.25

Market Cap $16M

Cash $4M

Project Portfolio – 8 Projects

Exploration Strategy

First Step

Conduct First Phase Drill Program

Second Step

If results indicate large Gold/Silver potential, then expand exploration program

OR

If not, Joint Venture or sell project

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Sep 19th Acquired Jackie Gold project

Sept 29thAcquired El Porfido project near prolific 15 M oz GGB district

March 8th Acquired Adelita project

Oct 6thDrilled 47 Metres of 0.98% Cu, 46 g/t Ag, 0.46 g/t Au & 16 Metres of 1.97% Cu, 73 g/t Ag, 0.84 g/t Au at Adelita

Oct 13th

Acquired Santa Marta Cu-Au-Ag project

Oct 19thAcquired Corazonada Ag project

April 6th Acquired Vuelcos del Destino project in prolific 15 M oz GGB district

Timely Project Execution

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2010 2011 2012

Jan 26thDrilling at Aurena Gold project

Feb 22ndClosed $5.75M Oversubscribed Financing

May 9thDrilled 29.05 m of 1.99 g/t Gold at Aurena Project Drill Program Expanded to 6500m

June 14thDrilled 43.50 m of 1.01 g/t Gold at Aurena

Nov 29thOutlined New Gold Zone at Aurena Project

Jan 12thOutlined Drill Targets at Vuelcos Del Destino in the Guerrero Gold Belt

Adelita

Vuelcos del Destino

Misc. Aurena

Flagship Project – Aurena

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District Scale Gold Skarn

61,910 Hectares Mineralized trend measuring 3.5km by 1km

Drill Defined Target

2 drill defined Gold Zones

First Zone1.8 km long Gold zone at depthSecond ZoneNear surface and open in three directions

Mineral Grade & Size

Prograde gold skarn deposits typically grade 6-8 g/t Au and total between 2>10 M oz Au

Exploration Plans

19 holes drilled; 7000m drill program completedDrill assays now pending

Aurena – Positive Gold Intercepts

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Hole From (m) To (m) Interval (m) Au (g/t) AURC-11-001 160.50 181.00 20.50 1.45

including 165.00 173.50 8.50 2.75AURC-11-002 39.50 47.16 7.66 1.14

including 44.33 47.16 2.83 2.22AURC-11-005 0.00 29.05 29.05 1.99

including 8.45 27.60 19.15 2.60AURC-11-006 4.50 48.00 43.50 1.01

including 4.50 13.50 9.00 1.24and 28.50 48.00 19.50 1.64

AURC-11-007 34.50 40.50 6.00 0.84and125.20 149.00 23.80 0.99

including 134.00 147.50 15.00 1.33

First phase drill program indicates Gold mineralization is widespread and open in most directions

Aurena - Gold in Soils

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First Round 4250m drilling

Step-Out Drilled additional 2250m

Current Exploration

Drilling

Gold mineralization remains potentially open to the west, northwest, north, and at depth.

Our ongoing step-out drilling program is aggressively focused on tracking down its extent

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Drilling continues to expand 1.8km long Gold Zone

Opportunities on Guerrero Gold Belt “GGB”

Company Primary Project

Hectares Reserve (Au) Resource (Au) Market Cap

Goldcorp Inc. 9000 5.64M oz 2.8M oz n/a

Torex Gold Yes 29,000 3.90M oz $765M

Newstrike Capital*

Yes 29,364 $242M

Cayden Resources

Yes 17,000 80,000 oz $119M

Esperanza Silver Yes 15,025 1.14 M oz $108M

Minaurum Gold 23,900 $16M

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Summary Mining Companies Operating in the Prolific Guerrero Gold Belt

Over 15 Million ounces Gold discovered since 1990’s, in large part via exploration model developed by David Jones, Director & Senior Geologist

Major Mines & Deposits in “GGB”

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Minaurum’s

projects include: • Corazonada,• Jackie• El Porfido• Vuelcos del

Destino

Projects cover Intrusive complexes similar to current GGB Deposits

Capilla Silver Project

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Location Eastern part of the historic Copala and Panuco mining districts (Est. Production 200-300M oz Ag)

Average historical grade of a kilo silver per tonne over widths between 1-5 metres

High Grade Silver

Epithermal Vein System

Mapping and sampling delineated a strike length over 1.2km

Exploration Potential

Vein system similar to Copala and Panuco except without any historical mining

Mineral Type In-situ zone of silver mineralization 100-200 metres below surface

Exploration Plans

Initial 1500m drill program underway

Capilla Gold-Silver Project

Oblique view towards northeast of Copala-Panuco district. Historical production

at Copala and Panuco was from lower-middle parts of vein systems. Veins at

Capilla appear to represent the top of a mineralized system.(43-101 Reserves and Resources listed on map consist of residual mineralization left after historical

production)

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Santa Marta Copper-Gold Project

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7,100 hectare land position in southeastern Oaxaca State

Sampling of 1960’s era open-pit copper mine returned grades of 1.1% Cu over 25m

500 m strike length of exposed massive gossan along ridge crest, with values of 100’s-1000’s ppm copper

Recent sampling in mine area yielded up to 1.96 g/t Au and 11.65% Cu

Core drilling campaign planned for Q1 2012 

Adelita Gold-Silver Project

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Copper Porphyry

Copper/Gold Skarn

Hole From (m) To (m) Interval (m) Au g/t Ag g/t Cu %

CGDD-10-001 35.65 51.8 16.15 0.84 73 1.97

includes 35.65 40.98 5.33 1.12 85 2.34

CGDD-10-002 35.57 83.21 47.64 0.46 46 0.98

includes 35.57 47.4 11.83 0.30 19 1.27

JV Partner Ocean Park Ventures (“OCP:TSXV) is earning a 51% interest in the project for $1.425M in work expenditures, 550,000 shares, $185,000 in cash and assuming all underlying project payments

Buried porphyry system measuring 3km by 1km indicated by sampling and mapping.

Skarn associated with porphyry was drill tested in 2010

Exploration Plans 2012

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Conduct Initial Mapping/ Sampling

Fly VTEM and Mag Survey

First Phase Drill Program

Surface Work/ Interpret Results

Second Phase Drilling

Aurena

Capilla

Corazonada

El Porfido

Jackie

Santa Marta

Vuelcos del Destino

Adelita

Q2/12

Q1/12

Q2/12

Q3/12

Q3/12

Q1/12

OPERATED BY OCEAN PARK VENTURES Q1/12

Q3/12

Contact Us

Darrell Rader, President & CEOSunny Pannu, Investor Relations Manager

Tel: 778-330-0994

Website: www.minaurum.com

Email: info@minaurum.com