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Q1 2017

Energold Drilling Group


Corporate Presentation
FORWARD LOOKING
STATEMENTS

This presentation contains certain forward-looking statements and information relating to


Energold that are based on the beliefs of its management as well as assumptions made by and information currently
available to Energold. When used in this document, the words anticipate, believe, estimate, expect and
similar expressions, as they relate to the Company or its management, are intended to identify forward-looking
statements.

This presentation contains forward looking statements relating to, among other things, regulatory compliance, the
sufficiency of current working capital, the estimated cost and availability of funding for the continued exploration and
development of the Companys exploration properties. Such statements reflect the current views of the Company
with respect to future events and are subject
to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or
achievements of the Company to be materially different from any future results, performance or achievements that
may be expressed or implied by such forward-looking statements.

George Gorzynski, P.Eng., a Qualified Person under the meaning of Canadian National Instrument 43-101,is
responsible for the IMPACT Silver Corp. technical information in this presentation.

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BUSINESS
SEGMENTS

Energy Mining Water Manufacturing


Over 50 years of Energold Drillings From the first water A drilling brand with
experience in the original and primary line wells drilled more heritage of more than a
Energy Services space of business. Market than 150 years ago century, we design,
catering to oil sands leader in frontier drilling during the cholera manufacture, and
coring and oil/gas services, operating 133 outbreak in UK, maintain rigs and
seismic needs. This rigs in 24 countries Energolds water supplies for clients
business division also spanning broad drilling division brings globally.
handles geotechnical spectrum of minerals. water related services
drilling and directional such as de-watering, Specializing in mineral,
drilling for Minimizes water recycling, & multi-purpose, water
engineering and environmental and fresh water well wells, and geotechnical
telecom industry social impact with drilling to existing drilling machines and
clients. proprietary man- clients across the parts. Manufactured and
portable drills. globe. designed in UK.
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CORPORATE
SUMMARY
Fred Davidson CA MBA
President, CEO and Director Trading Symbol EGD:TSXV
James Coleman LLB Share Price (Jan 17, 2017) $0.85
Chairman and Director

Shares Outstanding (After 54.7 Million


Steven Gold CFA
Chief Financial Officer
July 2016 PP)
Shares Fully Diluted 64.8 Million
Martin Fitch-Roy
Managing Director (Dando Drilling Services)|
Market Cap $46.5 Million
Brian Bertram
Managing Director (Energold Energy Services) Institutional Ownership 20%
Michael J. Beley Director
Insider Ownership 10%
Wayne Lenton B.Sc P.Eng Director
Cash $12.3 Million
Mark Corra CMA CPA Director

Working Capital $53.1 Million


Wolf Raymer MBA Director
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SUSTAINED
BUSINESS
THROUGH CYCLES
160
Revenues 2008-2016 YTD ($Millions) CDN
140
$141.52 $122.80
$133.48
120
$100.30
100
$81.98
80 $54.49
$51.10
60
$42.26
40 $23.70
20
0
2008 2009 2010 2011 2012 2013 2014 2015 Q2 YTD 2016

CDN$ (000s) 2011 2012 2013 2014 2015 Q3 YTD 2016


Revenue $133,482 $141,514 $122,807 $101,301 $81,976 $51.06
Net Earnings / $26,428 ($8,650)* ($17,319) ($14,534) ($23,733) (14,650)
(Loss)
Cash $22,782 $28,493 $26,608 $15,100 $13,563 $12,303
Working Capital $69,341 $91,249 $65,450 $77,100 $72,568 $53,077

Adjusted $14,143 $2,339 ($9,143) ($10,876) ($18,886) ($14,925)


Earnings*
Adjusted EPS* $0.35 $0.05 ($0.19) ($0.23) ($0.39) ($0.27)
Note 2011-2013 Q4 had a maximum earn out expense related to Bertram acquisition of $10.5M per year
* Adjusted Earnings - Excludes earn-out payment and non-cash items which include accretion expense on debenture, finance cost related to sales-leaseback
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finance lease, share-based payments, foreign exchange, dilution and equity gain/loss on IMPACT, impairment/write-down of assets, gain on acquisition.
ANNUAL METRICS

Adj Earnings/Share Rig Count


0.4 $0.35
Mining Rigs Total Rig Count
0.3 300 272
264 264 265
243 253
0.2 250
$0.09 $0.04
0.1 $0.01
200
0
2008 2009 2010 2011 2012 2013 2014 2015 150 133 138 138 137 139
-0.1 125
-0.2 100
-$0.19
-0.3
-$0.28 50
-0.4 -$0.36
-$0.39 0
-0.5
2011 2012 2013 2014 2015 2016

Revenue Meters Drilled


$160,000,000 Mining Meters Drilled Energy Meters Drilled
$141,514,000
$140,000,000 700,000
$122,807,000
$120,000,000 600,000
$101,301,000
$100,000,000 500,000
$81,976,000
$80,000,000 400,000

$60,000,000 $51,061,000 300,000

$40,000,000 200,000

$20,000,000 100,000

$0 0
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2012 2013 2014 2015 2016 2012 2013 2014 2015 2016
OUR BUSINESS

Global Drilling Solutions Provider


Energolds Highly Mobile
Providing socially & environmentally sensitive drilling Surface Rig in Operation
services to the international mining & energy sector.

Market Leaders in Frontier Drilling


Proprietary drilling rig platform designed for drilling in
remote and diverse sub-terrain locations with
limited infrastructure as well as sensitive environmental and
social issues.

Global Footprint
Operating 260+ rigs in 24 countries across a wide range of
drilling projects.

Proven Track Record of Performance


Strong continued growth with diversified business in mineral
contract drilling, energy services, and rig manufacturing and Durango, Mexico
sales.

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GLOBAL
OPERATIONS
World-Wide Operations Energold has offices and/or operations in 24 countries with complete jurisdictional compliance
and logistical support.
Contractor Of Choice Commence relationships with frontier drilling programs that historically continue through to downstream stages of
development. Current & historic client list includes many of the leading global mining companies.
Rig Fleet Energold has increased its fleet size in response to demand by an average of 70% per year over the last 6 years with
a current rig count of 264. Mobile rig platforms can be re-deployed more efficiently and cheaper than conventional rigs.

Revenue by Region / YTD 2016 Q3


Mexico Carribean
4321 Central America
South America
6729
20102
Africa Asia others

7466 Canada

USA

10365
2078 UK / Europe

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OUR
TECHNOLOGY

Modular Component Design


Easy to transport within country, across
challenging terrain as well as rapid
mobilization globally to reduce downtime
Proprietary Technology
Depth capabilities of over 1,000m with
inch greater core diameter using
(TW) Thin Wall rod system
Competitive portable rigs only reach
depths between 200300m BTW
Rigs Built In-House
Ensures proprietary nature of rig designs
Continual upgrades are implemented
from input of field personnel
Ability to upgrade portable rigs seamlessly
to conventional drill rig as project evolves
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MINING INDUSTRY

CYCLICAL SECTOR
PUNCTUATED BY
STRONG RECOVERIES
$21.5B
New sizable discoveries are
increasingly difficult to find, forcing
$18.3B
traditional miners to seek assets in
frontier regions that require specialized $15.2B
equipment Energold. $12.1B

Producers seeking to replenish reserves $5.1B


$9.2B

through acquisitions as lower metal


prices forces their reserves lower. $1.9B

Lack of funding since 2011 for junior


miners/developers result in less quality
assets for takeover
Source: SNL Metals & Mining 2015Dec

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CUSTOMER
PROFILE

MAJORS
Energolds clientele Barrick Gold
includes many of the worlds largest BHP Billiton
natural resource companies. Goldcorp
Grupo Mexico
Existing clientele range Rio Tinto
Newmont Mining
from early-stage junior Penoles
explorers to well known, Vale
mature producers spanning all base AngloGold
Fresnillo
and precious metals, as well as
El Dorado Gold
industrial commodities. Codelco

JUNIORS
Grayd Resources (now Agnico-Eagle)
US Gold (now McEwan Mining)
Great Panther Silver
First Majestic Silver
Olympus Pacific Resources (now Besra Gold)
Precipitate Mining Corp.
GoldQuest Mining Corp.
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ENERGOLD ENERGY
BERTRAM INTERNATIONAL CORP.

Global Energy Drilling Energy Services Fleet


14 Rigs
Proven player in sizable oil sands market 12% Oil Sands Coring Rigs

dating back to 1963 32 Rigs


26% Seismic Rigs
Niche, high-margin market with short
and long-term growth Speciality Rigs (RC,
Geothermal,
Coring smooth out Energold Geotech)
75 Seismic
traditional slow mineral seasons (Q4/Q1) 62% Bertram TH60
Re-allocation under-utilized drill fleet Coring Rig
(seismic and specialty) within Energolds
global network LIS GT1
Seismic Drilling Rig
Synergy of talents trained
drillers in energy drilling can transition to
mineral drilling and vice-versa
2013 addition of 2 new oil sands coring
12 rigs to address market demand
ENERGOLD INFRASTRUCTURE SERVICES
CROS-MAN UNDERGROUND

Directional Drilling & Hydro Vac


HDD (Horizontal Directional Drilling) is used
to install telecommunication, power cables,
water lines, gas lines an environmental
approach for the infrastructure industry.
Software steered borehole accuracy and
targeting bore hole range from 1 to 20 in
diameter.
Hydro Vac is used to expose underground
utilities to get depth and profile of utility
before drilling to not damage existing
telecom, gas, water, and other lines most
cities have in place.
Profitable and growing business with
potential to expand into US and booming Fleet of EGD Hydrovac Trucks
13 defense sector.
ENERGOLD MANUFACTURING
DANDO INTERNATIONAL LTD.

Trusted Name in
Drills for 170+ years Mineral
Multipurpose
Over 170 years of
experience in designing
Mintec Rigs
and manufacturing
of larger rigs in the UK
Maintenance, servicing, Water Well
and sales of rigs and parts to Drilling
third parties
Watertec Rigs
Expertise in water well
drilling
Building a new services Geotechnical
division that can leverage the Drilling Rigs
existing Energold logistics
network Geotec Rigs
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INDUSTRY DEMAND IMPROVING WORLDWIDE

Continued growth
with reputable name
brand
Difficult 2-3 years but improvements
began in 2014 & continuing today
Different categories
of clients
Dando caters to the WorldBank, UN,
UNICEF, and Oxfams of the world.
Market Potential
Global equipment market is worth
$61 billion. At $22.9 million (2013
record), Energold is just 0.01% of the
market. 1

1. Standard & Poors

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INVESTMENT HOLDINGS:
IMPACT SILVER CORP.

IMPACT Silver Corp


is a explorer-producer and explorer in
Mexico operating since 2006
SYMBOL IPT-TSX.V
ENERGOLD DRILLING CORP owns 7.87 SHARE PRICE $0.72
million shares (9%) MARKET CAP $56M
CASH $8.3M + $5M Receivables
OPERATIONS DEBT $0
Four mines in production
EXPLORATION
Tremendous exploration potential
with 423km2 and over 3,000 mine
workings mapped to drive new
developments
DEVELOPMENT Zacualpan Processing Plant
New discoveries of high grade silver
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and gold at San Ramon
IMPACT SILVER CORP.
PROFITABLE GROWING
PRODUCER
2016 Q3 CAGR
2015 2014 2013 2012 2011 2010 2009
YTD 2009-2015
Total Tonnes 154,28
Processed (T) 134,666 170,509 162,266 159,270 168,826 9 131,348 114,340 +8.02%

Tonnes (T)
Processed/Day 492 467 445 436 463 424 360 313 +8.03%
Silver (oz) 833,60
Production 705,358 950,059 725,733 682,526 620,515 7 750,259 823,571
Revenue
/Tonne Sold $95 $85 $74 $84 $94 $171 $123 $110
Direct Cost
Tonne Sold $70 $72 $69 $68 $65 $70 $63 $60

(CDN$000000s except EPS) Q3 2016 YTD YE 2015 YE 2014 YE 2013 YE 2012


Revenues $12.9 $14.7 $12.0 $14.1 $15.9
Operating expenses $9.7 $12.6 $12.0 11.4 $10.3
Mine operating earnings (loss) 1 $3.2 $2.0 ($0.0) $2.7 $5.6
EBITDA $0.8 $0.4 ($2.0) ($4.7) $1.6
Debt Nil Nil Nil Nil Nil
Earnings (loss) per share basic $0.00 ($0.02) ($0.05) ($0.13) ($0.02)
Working capital $11 $2.9 3 $3.7 $6.9 $21.4
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SOCIAL &
ENVIRONMENTAL

Positive Social Impact Energolds approach is win-win for clients


Provide jobs for locals and local communities
Training in work-safety
and mechanical experience
Minimal Environmental Impact
Portable rigs leave a small
environmental footprint
Avoid tree clear cuts and save
cost on road building
Third Party Recognition
PDAC Environmental Excellence Donated Waterwell Haiti Bridge
in Exploration Case Study (E3 in Chihuahua, Mexico Infrastructure Project
Initiative)
BC Business Innovators of Year
BC Export Business of Year
Finalists 2012-2015 School Buildings
Soccer team and textbook donations
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GROWTH STRATEGY

PRESERVE MARGINS AND SEED AND EXPAND GROW ENERGY AND


CAPITAL IN MINING INTO NEW MARKETS MANUFACTURING DIVISIONS

Grow mineral drilling rig fleet to Capitalize on high growth frontier Energold Energy division continues
solidify existing markets regions such as South/Central to benefit from niche market
America, Southeast Asia & Africa. expertise in unconventional and
Continued growth of frontier conventional markets
Pursue additional bolt-on
drilling and transitioning with acquisitions in target regions. Grow manufacturing services and
clients to mature projects with utilize capabilities to build larger
Seek new markets for under rigs over time
larger conventional drills utilized platforms such as seismic
drills in Alberta Grow new business divisions
Organic growth and search for including the historical Dando
acquisitions in existing and new Grow water well drilling business footprint in water well activity
markets Expand drilling services and multi-
purpose and reverse circulation
Continue technological (RC)
advancements in rig design and
capabilities.
19 19
ANALYST
COVERAGE

Analyst Company Contacts

N/A Beacon Securities 416-643-3871

Stephen Kammermayer Clarus Securities 416-343-2782

Darryl Young CA CFA Toronto Dominion (TD) 416-983-3276

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Appendix
Income Stmt

Income Statement
Highlights 2010-2016

2016 Q3 YTD 2015 2014 2013 2012 2011 2010

Net Revenues ($Millions) $32,173 $81,976 $100,301 $122.81 $ 141.51 $ 133.48 $ 54.59

Net Income ($Millions) ($14.65) $(23.73) (14.05) $ (17.32) $ (8.65) $ 26.43 $ 1.59

Earnings Per Share (EPS) - Basic ($0.29) $(0.49) (0.28) $ (0.36) $ (0.19) $ 0.65 $ 0.04

Earnings Per Share (EPS) - Diluted ($0.29) $(0.49) (0.28) $ (0.36) $ (0.19) $ 0.64 $ 0.05

Cash Per Share (CPS) $0.23 $0.28 $0.37 $ 0.56 $ 0.62 $ 0.62 $ 0.77

Net Working Capital ($Millions) $53.50 $72.57 $77.00 65.45 81.85 69.34 63.65

Minerals Metres Drilled (Meters) 173,200 202,800 236,600 296,500 428,300 587,544 346,328

Energy Meters Drilled (Meters) 127,500 358,300 383,200 335,200 630,600 444,400 N/A
Appendix
Balance Sheet

Balance Sheet Highlights


2010-2015 2016 Q3 YTD 2015 2014 2013 2012 2011 2010

Current Assets ($Millions) $86.637 $93.58 $99.64 $107.74 112.1 99.58 71.88

Total Assets ($Millions) $118.07 $130.31 $148.86 $163.65 172.816 163.49 91.02

Cash and Cash Equivalents


($Millions) $12.30 $13.56 $15.00 $26.61 28.493 25.267 30.7

Current Liabilities ($Millions) $33.56 $21.02 $18.47 $42.28 30.253 30.24 8.23

Long-Term Debt ($Millions) $9.1 $18.25 $17.92 $4.97 9.4 9.079 0.17

Shareholder Equity ($M) $75.41 $91.05 $112.47 $116.85 129.861 111.895 78.32
CONTACT

Jerry Huang MBA


Director Corporate Development & IR
jhuang@energold.com
604-681-9501

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