Cosigo Resources Ltd V.CSG.H

PDAC presentation

[goldnsil]

from an E-mail from company.

Castle Gold Corporation (CSG: TSX-V)
El Castillo
La Fortuna
.
is a profitable gold mining, and mine development
company. Its primary asset is its 100% owned open pit, heap leach gold mine in
Durango, Mexico. The Company is currently increasing production to 30,000 ounces gold per
year. A further increase to 60,000 ounces per year is scheduled for the second half of 2009.
Life of mine costs are expected to average $370 - $400 per ounce gold. Mineral reserves total
752,000 ounces, sufficient for a 10 year mine life. The opportunity to grow gold reserves can
facilitate a further extension to the mine life or further expanded production.
The Company is advancing additional growth at its wholly owned gold-silvercopper
project. Fortuna hosts 300,000 ounces of gold with the potential to expand mineral
resources in all directions. The Company recently initiated a preliminary economic evaluation
at Fortuna.
At current gold prices annual free cash flow from Castillo should increase to as much as $20
million per year while current market capitalization equals two times cash flow.