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Investor Presentation
This presentation contains expressions of future expectations, projections and other forward-looking
statements. Those statements are based on management’s expectations, projections and beliefs, not historical
facts and are subject to risks, uncertainties, assumptions and other factors, which are beyond management and
the Company’s control, that could cause the actual results to differ from those contemplated by the
statements. These statements are only predictions and should not be construed as statements of material fact.
Actual results will vary from the projections, and such variances may be material. Assumptions regarding
future revenues are necessarily speculative in nature and should not be relied upon in making an investment
decision. When used in this document, the words ‘anticipates’, ‘may’, ‘can’, ‘believes’, ‘expects’, ‘projects’,
‘intends’, ‘likely’, ‘will’, ‘to be’ and similar expressions and other statements that are not historical facts are
intended to identify those assertions as forward-looking statements. Management believes that its
expectations are based on reasonable assumptions. However, any such statement may be influenced by factors
that could cause actual outcomes and results to be materially different from those projected or anticipated.
Forward-looking statements are subject to numerous risks and uncertainties. There are factors that could
cause actual results to differ materially from those in any forward-looking statement, many of which are beyond
the control of Piedmont, including economic and industry conditions such as the competitive environment,
unanticipated operating problems, accidents, gold and silver price declines, changes in political, social or
economic circumstances, variances in mineralization grades, labor relations, adverse weather conditions, the
risks of mineral exploration, adverse market conditions, the inability to raise sufficient capital to fund
exploration, regulatory uncertainties and risks, changes in tax and other laws, the risk of obtaining regulatory
approvals and permits. Actual results could differ materially from those expressed in, or implied by, any
forward-looking statement. There may also be other factors that cause results not to be as anticipated. No
assurance can be given that any of the events anticipated by the forward-looking statements will occur or what
impact they will have on Piedmont’s results and operations. Except as required by law, we are under no
2
obligation to any forward-looking statement, whetherAugustwritten
2008 or oral, that may be made as a result of new
What Sets Piedmont Apart?
Exploring for gold and silver in Nevada –
the
best gold environment in the world
Near major gold and silver producers
$16 million tax loss carry forward
Strong, experienced management
Flexible and proactive business model
with minimal G&A expenses
Undervalued relative to industry peers
3 August 2008
Piedmont’s Unique Business Model
6 August 2008
Gold & Silver Price History
U.S. Gold -
Monthly
Silver - Monthly
7 August 2008
Gold Price Outlook
World mine production of gold continues to decline
European Central Bank sales have slowed to a
trickle
World governments continue to print increasing
amounts of paper money
Demand for physical gold continues to increase in
the Middle East and Asia
Reports of shortages of physical gold are now
surfacing with increasing frequency
The gold market is a very inelastic market
Gold prices should continue to increase over the
forthcoming years with intermittent corrections
8 August 2008
Why Nevada?
Nevada hosts the 2nd largest gold
environment in the world, after South
Africa
Past production plus current resources
exceed 300 million ounces of gold!
Good infrastructure; major gold producers
Supportive of mining & exploration
Accessibility - good road system
No state income taxes
Stable government
The ‘Nevada Dividend’
9 August 2008
Piedmont Mining Projects
Piedmont projects in relation
to gold and silver resources
Dutch Flat discovered in Nevada since Willow Creek
Gold 1930 Gold
Completed 2 drill 5,000 ft drill program
programs permitted, bonded and
Wide intervals of funded
$300,000 1st year
low grade gold at
shallow depth exploration program
Potential low cost fully funded
Drilling expected to
heap leach mine
Next drill program commence in Sept or
Fall 2008
PPM
Oct Gold
Drilling program
permitted/bonded
Trinity Silver Adjacent to sediment
9 sq.mi. of mostly private
hosted mercury
land
district.
Drill data from ~280 drill
NE striking faults
holes
intersect gold in
Shallow mineralization
sagebrush anomalies
Silver resource currently Source: Nevada Bureau Mines & Geology OF03-2
being compiled
10 August 2008
Strategic Partners
AuEx Ventures
Miranda Gold Corporation
Cordex Exploration Company /
Columbus Gold Corporation
Gryphon Gold Corporation
Carlin Gold Corporation
11 August 2008
Exploration Project Pipeline
Phase 1 Phase 2 Phase 3
12 August 2008
Life Cycle of Small Exploration
Companies
Valuation
Resource/
Reserve
compilation
Discover
y
A B C D
Drilling for
Exploration Fill in & Developmen
Resource/reserve
& Drilling Definition Drilling t
Determination
& Production
Risk Profile: High Medium Low
Investment
1 - 3 years 2 – 4 years 2 - 4 years
Horizon:
13 August 2008
Potential Economics
14 August 2008
Dutch Flat Gold Project
Wide intervals of low grade gold mineralization at shallow
depths
Potential low cost open pit mine
Most likely heap leach extraction
Working with Cordex Exploration and Columbus Gold
15 August 2008
Dutch Flat Gold Project
114 claims 11 miles west of Pinson & Turquoise
Ridge; 14 miles west of Twin Creeks
Exploration managed by Cordex Exploration Co.,
run by Andy Wallace & John Livermore
District with many old workings, placer gold
production & widespread indications of gold
41 holes totaling 12,830 feet drilled across
swarms of quartz veins – most holes encountered
low grade gold
Multiple vein swarms to be tested, open on 3
directions
Best intercepts
● 145 ft averaging 0.021 ounces per ton
16 ● 160 ft averaging 0.011August
ounces
2008 per ton
Willow Creek Gold Project
Elko County
Working with
Carlin Gold
Corporation
17 August 2008
Willow Creek Gold Project
30 miles northwest of Wells, Nevada
Nearly 6 square miles covering 5 miles of
strike length on Roberts Mountain Thrust
Favorable structures, rock types,
alteration, pathfinder elements and
intrusive dikes.
Structurally controlled jasperoid outcrops
5,000 ft. drill program permitted, bonded
and funded
Drilling to commence in Sept/Oct 2008
18 August 2008
Willow Creek Gold Project – Geology
19 August 2008
Willow Creek Gold – Alteration
Distribution
20 August 2008
Willow Creek Gold – Alteration
Types
Silicification Sanding
21 August 2008
Regional Data Sets Provide Clues
Data set identifies all
known Carlin style
belts
22 August 2008
Trinity Silver Project
Pershing County
Working with AuEx
Ventures
Small open pit silver mine
operated there for 2 years
in late 1980s
Drilling data from ~280
drill holes
Silver resource currentlyl
being compiled
Shallow mineralization,
probably grades ~2 oz of
mostly silver sulfide per
ton
23 August 2008
Trinity Silver Project
6,906 acres, including 5,687 acres of fee land, 25
miles northwest of Rochester Silver, the largest
open pit silver mine in the U.S.; 10 miles east of
the 7-Troughs gold district
2006 drilling program returned numerous
intercepts of 10 - 26 ounces of silver per ton
Past production: 1.1 million tons of silver oxide
ore grading about 6 ounces of silver per ton
Drilling data from more than 280 drill holes being
analyzed for compilation of silver resource on the
property
24 August 2008
Sample of Silver Mineralization
25 August 2008
PPM Gold Project
Humboldt
County
Working
with
Miranda
Gold Corp.
26 August 2008
PPM Gold Project
81 Unpatented Claims in north end of Battle
Mountain – Eureka Trend
About 12 miles northwest of Twin Creeks, Turquoise
Ridge and Pinson gold deposits
Northeast striking fault system intersects gold in
sagebrush anomalies
Adjacent to sediment-hosted mercury district
Near margin of shallow buried intrusive
Gravity & magnetics surveys completed. Gold &
mercury in sagebrush surveys have refined drill
targets
Permitted & bonded drilling program planned for
27 Fall 2008 August 2008
Location of PPM Gold Project
28 August 2008
Additional Projects – Highlights
Morgan Pass Pasco Canyon Bullion
Elko County Nye County Mountain
Working with Gryphon Working with AuEx Lander County
Gold Ventures Working with Gryphon
28 miles SE of Pequop / 14 miles NE of Round Gold
Long Canyon gold Mountain gold mine 21 miles SE of Battle
discoveries (largest U.S. open pit gold
Mountain near Cortez
Carlin type gold mine)
Hills & Pipeline gold
mineralization hosted in 23M+ oz of gold in this deposits
brecciated jasperoids Caldera – includes Gold In upper plate of Roberts
replacing limestones Hill, Jefferson & Corcoran
Mountain Thrust
17/24 holes drilled by Canyon gold deposits
Attempting to combine
Duval International in Surface rocks anomalous
this with neighboring
1985-86 intersected gold in certain pathfinder
properties
mineralization of 0.01 to elements
0.24 oz/ton Awaiting U.S. Forest
14 rock chip samples in Service permit for 2-hole
2008 assayed up to 0.14 drill program totaling
oz/ton 2,700 feet
29Currently in wilderness August 2008
Management Team
30 August 2008
Lew Gustafson – VP of Exploration &
Director
● BSE Degree, Princeton University
● MS, California Institute of Technology
● PhD Degree, Harvard University
● 45 years in mining & exploration
● Authored/co-authored 17 major geology publications
● Lived & worked in Chile, Australia, US with major mining
companies;
● Professor of Economic Geology for 6 years at Australian
National University in Canberra, Australia
● Society of Economic Geologists: Received Lindgren Award in
1962; Member, Editorial Board, 1970-80; Thayer Lindsey
Lecturer, 1973-4; Distinguished Lecturer in Applied Geology,
1989; Chairman, Committee on Geologic Mapping, 1989-
1993.
● Member, Advisory Committee, Nevada Bureau of Mines &
31 August 2008
Geology
Robert Shields – Chairman, President &
CEO
● AB Degree, Geology, Dartmouth College
● PhD Degree, Geochemistry, Massachusetts
Institute of Technology
● MBA Degree, Stanford University Graduate
School of Business Administration
● Two years at NASA working on Earth Resources
Technology Satellite, late 1960’s
● Security Analyst, Paine Webber Jackson & Curtis,
mid-1960’s; Associate, Corporate Finance,
Morgan Stanley & Co., in 1970’s
● Founded predecessor of Piedmont Mining
Company, Inc. in 1980; 27 years experience
running exploration & mining company
32 August 2008
Peter Ingersoll – Director
36 August 2008
Piedmont is Undervalued When Compared to
Peers
37 August 2008
Recent Recommendations
“Piedmont Mining: Announced acquisition of option on a
new property. Stock is cheap at $0.17” – Morning Notes,
Michael A. Berry, Ph.D 5/27/08
“With PIED selling at around $0.20 and gold prices
currently depressed, we think this could be an opportune
time for our subscribers to be buying PIED” – J. Taylor’s
Gold & Technology Stocks 4/4/08
“PIED now has the opportunity to acquire significant
positions at reasonable (“value/contrarian”) Discovery
prices. This is the key to great wealth creation and
establishment of a favorable reward to risk ratio” –
Morning Notes, Michael A. Berry, Ph.D 3/31/08
“We think they [Miranda Gold Corp] are going to be
picked up by a senior company…that will probably
happen to Piedmont Mining Company, Inc. as well.” –
Roger Wiegand, Trader Tracks 4/4/08
38 August 2008
Stock Symbol – OTC BB: PIED
www.piedmontmining.com
August 2008