2

Table of Contents

The Company• Corporate Overview ................................................................................................................................................................... 3• Management Team ..................................................................................................................................................................... 4• Capital Structure..........................................................................................................................................................................5

The Project• Angostura Gold Property .......……..………........................................................................................................................... 6,7• Regional Geology........................................................................................................................................................................ 8• Property Geology ………........................................................................................................................................................... 9• Exploration: Past and Recent............................................................................................................................................. 10 -13• Mineralization ..................................................................................................................................................................... 14,15 • A Prolific District ................................................................................................................................................................16,17• Metallurgy ................................................................................................................................................................................18

The Plan• Exploration Plans.......................................................................................................................................................................19• Local Infrastructure. ..................................................................................................................................................................20 • Sustainability .............................................................................................................................................................................21 • Mining in Peru ..........................................................................................................................................................................22 • Key Highlights ..........................................................................................................................................................................23• Disclaimer...................................................................................................................................................................................24• Contact Us .................................................................................................................................................................................25

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Corporate Overview

Summary

Stock Symbol: AGLAF - AGLStock Exchange: OTC - TSX Venture-------------------------------------------------------------------Date of Formation: March 21, 1997Head Office Address : #1305 - 1090 W. Georgia St.

Vancouver, British ColumbiaV6E 3V7

---------------------------------------------------------------------Regulator: British ColumbiaJurisdictions: British Columbia, Alberta Classification: Jr. Exploration / MiningTransfer Agent: Computershare-----------------------------------------------------------------------Financial Year-End: April 30Corporate Auditor: DeVisser Gray LLP

Website: www.aguilagold.com

4

Management Team

John Huguet, CGA - President, CEO and Director • + 35 years of building producing mines in the South American resource sector

– Canadian - Peruvian Business Council President (twice decorated by Peruvian Government)• Former chairman, CEO of Andean American Mining Corp. (Peruvian gold mine)

Christopher R. Verrico - Chief Operating Officer and Director• +25 years of expertise in mining operations and infrastructure development

– Open pit mining, bulk ore handling, contract mining, etc.• Key participation in raising +$100 million of junior mining venture capital

James McCrea -Vice President of Exploration• +20 years experience in resource exploration (precious minerals in the Americas)• +15 years experience in geological assessment and mineral resource analysis

– Former senior off icer / technical advisor at Silver Standard, Cumberland Resources, etc.

Nick Demare - B.Comm, CA – CFO and Director • Specializing in accounting and finance for public resource companies

– Director of Batero Gold, Salazar Gold, Blue Core, etc. – President of Chase Management Ltd. (circa 1991)

Dusan Berka - M.Sc., Dipl.Eng. - Director• +26 years as Director and Officer of public companies (TSX, TSXV, NASDAQ, etc)• Association of Professional Engineers and Geoscientists of B.C. (circa, 1977)

5

Capital Structure

Capital Structure

Stock Symbol V.AGLStock Exchange TSX Venture----------------------------------------------------Issued & Outstanding* 39,142, 302Options Outstanding 2,634,000Warrants Outstanding 14,384,525----------------------------------------------------Fully Diluted: 56,160, 827Market Capitalization $13.86 M----------------------------------------------------Recent Equity Financing $5.376MNon Brokered 4,440,000 units @ $.45

Two year half share warrant @ $.65SFOD 3,840,000 units

As of June 22, 2011

As of June 22, 2011

Angostura

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Andean Cordillera, Southern Peru Angostura and the community of Mollepina (right side)

Property Location • Southern Peru, Andean Cordillera,• Department of Apurimac in the Garu Province

• Prolif ic Gold, Copper Mining / Exploration District• Approx. 430km SW of Lima , 180 km SW of the city of Cuzco

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Angostura (cont’d)

Property Overview

• Claims: 4,869 Ha (8 Concessions – fully titled)– Plus: 2,965 Ha (4 Concessions - Claims In Progress)

• Access: 180 km SW of Cuzco, (+ daily flights from Lima)– Paved highway and gravel roads (direct to key zones)

• Water: Multiple local sources (steady flow - year round)• Power: Chuquibambilla-Curpahuasi grid (on claim block)• Geology: Limestone Carbonate Replacement Bodies • Target Minerals: Au and Ag + Cu, Zn and Pb• Exploration Season: Annual (in this region)• Compliance: National Instrument 43-101

– Discover Geological Consulting, 2006

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Regional Geology (cont’d)

Overview• Volcanic and sub-volcanic sequences (on Vilcabamba Fault)• Proximity to Apurimac Batholith (near the Abancay deflection)• Early decarbonatization by acidic hydrothermal fluids (late-stage silicif ication and barite)

– Gold bearing brecciated limestone replacement bodies

Angostura Creek (looking northwest)

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Property Geology

• Host Structure: Layered quartz sandstones/siltstones and shales (lower Cretaceous age)• Target System: Silica-rich epithermal gold system with high content of iron and manganese oxides• Mineralization: Gold Bearing Oxide in Brecciated Limestone Carbonate Replacement Bodies

– 4.8 km Surface Strike (ENE Trend - open laterally at strike and down dip)

4.8 km Strike up to 75m wide (Average Grade 3.67 g/t Gold)

ZONE 1

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Past Exploration

Previous Work Programs• 1993 – 1994: Zone 1 - Geological mapping and trenching

– Nine Rock Chip and Grab Sample Channels • Ave Grades = 3 to 7g/t Gold

• 2003: Forty-Seven [47] Trenches and Pits (1 m deep / 10 m long)– Highest Grades: 5.2 g/t Au over 17.5 m– Ave. Grades = 1.3 g/t Au 8.2 g/t over 3 m

West of Angostura CreekTrench Width Gold g/t

T-1W 6.00m 1.21T-3W 3.50m 3.19

T-6AW 3.30m 2.60

T-11W 8.00m 2.37T-12W 8.00m 3.48

T-13W 5.00m 1.86Average 5.63 2.45

Trench Width Gold g/tT-BE 2.40m 2.69T-4E 8.40m 2.77T-13E 5.00m 1.63

T-15E (zone 2) 3.00m 5.45T-16E (zone 2) 17.50m 5.24T-17E (zone 2) 3.00m 8.19

Average 6.55 4.33

East of Angostura Creek

“3.28 g/Mt gold and across 13 meters –appears to get significantly wider upwards”

Artisanal Miners

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12

Recent Exploration

2010 Sampling Program • 13 Surface Samples (Zones 1 and 2)

– Collected along a 150-m section– Highest Grade: 16 g/t Gold over 2m

• Average Grade: 4.97 g/t Gold over 2 m

Zone 1

Two phases of mineralization (barite & silica rich iron-manganese oxides)

Gold bearing silica-rich, iron manganese oxide mineralization

Zone 2

Sample Area Length GoldNo. Type m2 m g/t

20503 Panel Chip 2.00 n/a 2.4620506 Chip n/a 1.75 7.4520507 Panel Chip 2.00 n/a 16.0020509 Chip n/a 1.50 1.2520513 Chip n/a 1.40 5.0220515 Panel Chip 2.50 n/a 4.3620516 Panel Chip 2.00 n/a 8.7520517 Panel Chip 2.35 2.35 4.5520518 Chip n/a 2.20 2.9220519 Grab 1.50 n/a 5.50

Average 2.06 1.70 4.97

Highlights from Assay

Recent Exploration (cont’d)

13

Geochemical Sampling / Site Visit (Chris Wilson, P. Geo - Dec. 2010)

14

Mineralization

Key Mineralized Zones 4.8 km strike up to 75m wide (3.67 g/ Mt Gold – avg.)

15

Mineralization

Exploration Focus: Zone One and Two• Gold beaing Oxide in Limestone in Carbonate Replacement Bodies • Silica-rich epithermal gold system (high iron and manganese oxides)

• Zones 1 & 2 – Identified as Gold and Silver Bearing– Fe, Pb, Mn, Ba, Cu anomaly values also present

• 4.8km Strike Line (ENE trend) and dip to the north– Open to the West and East

Zone No.1 • Surface Strike: 30 meters wide, 150 meters long• Grade range of: 1.2 – 8.9g/t Gold (T1 – 12)

Zone No.2• East of Zone No.1 – Focus of exploration and artisanal mining• Surface strike: 75 metres wide and 200 meters long

* Angostura Property Technical Report by Mr. Victor A. Jaramillo, P. Geo., (November 30, 2006)

Strike : 4.8km x 75m x 3.67 g/Mt Gold (T12 – 17)

A Prolific District

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Mines in Proximity

Xstrata Mining PtyLas Bambas Mine $4.5 Billion Project (20km SE)

Tintaya Exp. Project$ 1.47 Billion -125km SE

Andean American Santa Rosa Gold Mine-20 km S

Other Local Majors BHP Billiton Bear Creek Teck Cominco Barrick Gold Norsemont

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A Prolific District (cont’d)

Proximity Projects and Mines

• Las Bambas Project - Xstrata Mining Pty (Cu/Au/Mo) -- 25 km E • Tintaya Mine - BHP Billiton sold to Xstrata (Au/Cu) -- 140 km SE

New Capital for Mining in Peru • $20.7 Billion USD (examples below• 21% of Peru’s National GDP

• $2.5 Billion Perú Copper Inc. Toromocho (Cu project) • $1 Billion Xstrata Plc. Las Bambas (Cu Project)• $850 Million Phelps Dodge Cerro Verde (Mine Expansion) • $800 Million Monterrico Metals Inc. Rio Blanco (Base Metals Project) • $700 Million Rio Tinto Limited La Granja (Copper project) • $366M HudBay Minerals Acquisition of Constancia (Cu)• $350 Million Goldfields Ltd. Cerro Corona (Cu/Au Project)

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Metallurgy

SAMPLEHEAD GRADE RECOVERY REAGENT USED (Kg/TM)

Au ppm Ag ppm % Au % Ag NaCN CaO77442 1.1 3.98 94.5 69.6 0.21 0.577443 5.83 10.73 97.3 78.8 1.51 0.55

77444 7.33 12.22 97 81.2 2.72 0.55

SAMPLE WEIGHT (Grams)

GRADE (g/t) RECOVERY (%)Au Ag Au Ag

HEAD GRADE 400 1.00 5.46 TAILS

n/a0.03 1.30 97.00 76.20

CALC. HEAD GRADE 0.99 2.64

0.03 1.30 97.00 50.80 TAILS

Bulk Sample Test

Preliminary metallurgical test: for Aguila American, (directed by Rojas Rigoberto, September 2006).

Bottle Roll Tests (Trench Samples)Test performed with a pulp containing 33% solids, in a 3 liter bottle capacity, given a test timing of 72 hours. Tailings assayed for gold and silver using the fire assay method.

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Exploration Plans

Development ProgramPhase I - High Priority Targets (3 months)• Geophysics: Magnetic and 3D-IP/Resistivity surveys• Diamond Drilling: 12+ diamond drill holes

– +2,175 m of HQ diameter– Selected areas W & E of Zones 1, 2

• Underground Exploration Infrastructure • New working tunnels into zones 1 and 2

Phase II - Anomaly Areas (5 months)• Geophysical program over anomalous areas• Surface mapping , sampling and trenching• Diamond Drilling: Approximately 20 diamond drill holes

– +5,000 m of HQ diameter – Selected areas W & E of Zones 1 and 2

Angostura Property Technical Report by Mr. Victor A. Jaramillo, P. Geo., (November 30, 2006)Original recommendations from A.C.A. Howe International, 2003

Local Infrastructure

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Sustainability

21

Community Relations• Preliminary Access Agreement Granted

– 61-4 in favour (May 9th, 2011)• Community enhancements; • Access roads, basic infrastructure improvements • Safety equipment and basic safety training. for local miners• Consolidation and governance of illegal local mining operations • Committed to consulting with and educating community on delineation of resource• Socio-economic studies (new job creation, micro economic impacts, etc.)

Environmental Studies Ministry of Mines Requirements• Environmental Impact Assessment (EIA)• Program for Environmental Management and Adjustment (PAMA)• Mine Closure and Environmental Reconciliation Plan

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Mining in Peru

Pro Mining Government • Industry Deregulation and Privatization Trend (i.e. resource projects)• Mining and Exploration Industry = +20% of Peru’s Total National GDP• Fed Gov Recently has Privatized 220 State-Owned Firms (cira. 2006)

– Via - Joint Ventures, Consortia, etc.

National Gold Production Shortfall • Mining export ($3.2 billion) = +45% of total exports (circa 2002)

– (Major destinations: China, India, Switzerland, Canada, etc.)• Values of gold produced have more than doubled (2005-2010) • 2010 Shortfall = Sharp decline in gold production (see chart)• Developing gold reserves to satisfy growing global demand

Mining - Peru - export, future, power, sector http://www.nationsencyclopedia.com/Americas/Peru-MINING.html#ixzz1FCPdcZO3

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Key Highlights

Core Value Drivers

• Expert Management and Technical Operations Team • Expansive Inaugural Exploration Program (Fall 2011)• Mineralization at Surface Level (shallow overburden)• 4.8 km Surface Strike - Open laterally and down dip

– Up to 75m wide of 3.64 g/Mt Gold average (T12 – 17)• Prolific Region: Major Mines and Exploration Projects (within 40km)

– Xstrata’s La Bambas Mine (Cu), Tinataya, etc.• Producing Artisanal Mines on the Property • Solid Infrastructure: Paved/gravel roads, water, power and labour • +95% Au Recovery – Average for Metallurgical Test (Gold focused)• Growing Demand: Rising Gold Prices and Production Gap in Peru• Tight Share Structure (27M shares + 40% Insiders & Institutions)• Pro Mining Government (National Privatization Trend)

* Angostura Property Technical Report by Mr. Victor A. Jaramillo, P. Geo., (November 30, 2006)

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Forward Looking Statements

Certain statements in this presentation constitute forward-looking statements or forward-looking information within the meaningof applicable securities laws (“forward-looking statements”). Such forward-looking statements involve known and unknown risks,uncertainties and other factors that may cause the actual results, performance or achievements of Aguila American Gold Ltd.(“Aguila American” or “the Company”), or developments in Aguila American’s business or in its industry, to differ materially fromthe anticipated results, performance, achievements or developments expressed or implied by such forward-looking statements.Forward-looking statements include all disclosure regarding possible events, conditions or results of operations that is based onassumptions about future economic conditions and courses of action. Forward-looking statements may also include any statementrelating to future events, conditions or circumstances. Aguila American cautions you not to place undue reliance upon any suchforward-looking statements, which speak only as of the date they are made.

Forward-looking statements relate to, among other things, changes in the resource market; market focus of Aguila American’srevenue mix and margin targets; economic pontenial operations priorities; and development strategy. The risks and uncertaintiesthat may affect forward-looking statements include, among others, the completion and integration of acquisitions, the possibility oftechnical, logistical or planning issues in connection with deployments, the continuous commitment of Aguila American's investors,demand for Aguila American's assets and other risks detailed from time to time in Aguila American's filings with Canadianprovincial securities regulators. Forward-looking statements are based on management’s current plans, estimates, projections, beliefsand opinions, and the Company does not undertake any obligation to update forward-looking statements should assumptionsrelated to these plans, estimates, projections, beliefs and opinions change.

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Contact Us

Corporate Office

#1108 - 789 W. Pender St. Vancouver, B.C. V6H 1H2 Toll free 1 (866) 669-9377Office 1 (604) 669 -9330www.aguilaamerican.ca