Beaconsfield Gold NL (ASX: BCD) GOLD PRODUCTION & EXPLORATION

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1 Beaconsfield Gold NL (ASX: BCD) GOLD PRODUCTION & EXPLORATION Small to Mid Caps London, 19 March 2009

2 Disclaimer This presentation contains forward-looking statements. Such forward-looking statements may include, without limitation, (i) estimates of future earnings, the sensitivity of earnings to the gold price and foreign exchange rate movements; (ii) estimates of future gold production and sales; (iii) estimates of future cash costs; (iv) estimates of future cash flows, the sensitivity of cash flows to the gold price and foreign exchange rate movements; (v) statements regarding future debt repayments; (vi) estimates of future capital expenditures; (vii) estimates of reserves, and statements regarding future exploration results and the replacement of reserves; and (viii) statements regarding modifications to the Company s hedge position. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to gold price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. The Company does not undertake any obligation to release publicly any revisions to any forward-looking statement to reflect events or circumstances after the date of this presentation, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. All financial amounts are expressed in Australian dollars unless otherwise indicated.

3 Beaconsfield Gold (ASX: BCD) - Corporate Profile ASX-listed (BCD) junior 400M shares on issue Market cap A$66M (at 16c) 100% effective economic interest in Beaconsfield Mine Generating strong cashflow from production of 80,000 oz per annum Malaysia Smelting Corporation: 22% cornerstone investor supporting growth strategy Low corporate overhead

4 Overview: a reputation for high grade production History of high grade gold production; currently producing 80,000 oz pa Over 700,000 oz produced from modern mine since 2000 Recent ramp-up after temporary closure and ownership change Successful underground drilling to extend mine life Excellent immediate leverage to gold price Exploration focused on near term production

5 Sustainable cash positive production Quarterly Gold Production 25,000 Ounces gold 20,000 15,000 10,000 5,000 0 June 07 Qtr Sept 07 Qtr Dec 07 Qtr Mar 08 Qtr June 08 Qtr Sept 08 Qtr Dec 08 Qtr Cash costs vary over short term but are scheduled to average less than A$700/oz over life of reserves with modest sustaining capital of A$70/oz January 2009 production of 7,699 oz at cash cost of A$643/oz yielded a margin of over A$600/oz

6 Six monthly gold production to Dec 08 St Barbara Norton Dominion Avoca Dioro Beaconsfield Troy Silver Lake Kingsgate Focus Bendigo Citigold Tanami Oceana Resolute koz A top ten Australian gold producer Excl. Lihir & Newcrest

7 Excellent leverage to gold price: set to continue Australian Dollar Gold price 10 years to March ,800 1,600 1,400 1,200 1, Gold price (A$/oz) Jan-99 Jul-99 Jan-00 Jul-00 Jan-01 Jul-01 Jan-02 Jul-02 Jan-03 Jul-03 Jan-04 Jul-04 Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08 Jan-09 No hedging in place Largely fixed A$ cost base Significant tax cover A$100 movement in gold price equates to approximately A$8Mpa profit impact

8 Proven High Grade Gold Resources Gold Inventory As at 31 December 2008 Tonnes Grade Gold 000 s g/t Au 000 s oz Measured Resource Indicated Resource Inferred Resource Total Resource Proved Reserve Probable Reserve Total Reserves Tasmania Reef - 2Moz endowment to 1,200m depth 3 year current mine life drilling to double it Market cap of only A$250 per reserve ounce

9 Focused exploration in Tasmania: ramp-up Operational Priorities: 1) Continue to extend Tasmania Reef at depth 2) Identify repeats of Tasmania Reef 3) Build up satellite ore feed sources, eg: - Denison (Lefroy) 7.1g/t gold - Mathinna 20g/t gold Spare plant capacity leverages any exploration success

10 Tasmania Reef reserve extension: highly prospective Average endowment is 1,700 oz/vertical metre Drilling to test 300m depth extension Strong encouragement from early holes Target is to double mine life Potential for high grade zones Leverage off existing capital and equipment

11 Good potential for repeats of the Tasmania Reef Most modern exploration has focused on Tasmania Reef Cover over much of tenement hindered old timers Detailed aeromag and soil geochemistry surveys have identified multiple priority targets Drilling currently underway; funded and ongoing

12 Gold and Copper Prospects in western Victoria Large landholding 1,180 square km Similarities to Mt Read district in Tasmania Freehold farmland with good access Advanced prospects Prospective for gold, copper and nickel Gravity survey imminent at Fairview Gold

13 Beaconsfield Gold Leveraged to gold Beaconsfield Mine operating safely Producing 80,000 oz per annum Generating strong cashflow Positive movement in gold price goes straight to bottom-line Positive indicators for mine life extension at low cost Tasmanian exploration focused on delivering near-term production utilising existing plant and infrastructure Victorian exploration represents blue-sky Strategic investors and strong cashflow facilitate future corporate opportunities

14 Beaconsfield Gold NL (ASX: BCD) THANK YOU Small to Mid Caps London, 19 March 2009