Greencastle Resources Ltd'

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Greencastle Resources Ltd.

• Gold Exploration
• Oil Royalty Cash Flow
• Battle Mountain Trend, Nevada
• Republic of Niger, West Africa

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Greencastle Resources Ltd.

• Corporate Mission Statement
• Greencastle management has proven access to high
  quality projects in some of the worlds most
  prolific gold producing regions and a wealth of
  experience in exploration, field operations,
  finance and administration.
• Our mission is to build value for our
  shareholders through project identification,
  acquisition and continued exploration both as
  principal and through joint ventures.

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Greencastle Resources Ltd.

• TSX Venture Exchange Symbol VGN
• Common shares issued
• Basic 36,557,005
• Fully Diluted 43,117,005
• Cash and Marketable Securities
• Basic 1,500,000
• Fully Diluted 2,800,000 Jan. 2007

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Greencastle Resources Ltd.

• Management and Directors
• Anthony Roodenburg, Director and CEO
• 18 yrs corp. development and investment
  industry
• Dr. James Pirie, Director and President
• 35 yrs global mineral exploration
• Dr. Anthony Taylor, Reno, Director
• 40 yrs global mineral exploration
• Hon. Nick Taylor, Calgary, Director
• 50 yrs global mineral and oil gas exploration
• Richard Zakaib, Toronto, Director
• 20 yrs global business development

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Greencastle Resources Ltd.

• Six Active Gold Exploration Projects
• Battle Mountain Trend Pipeline/Cortez Hills to
  Eureka, Nevada
• Indian Creek, Coal Canyon, Kobeh, Jewel Ridge
• Niger, West Africa
• Namaga, Koyria, optioned to Orezone
• Cash Flow
• Oil and gas discoveries in Saskatchewan converted
  to a royalty
• New gas discovery currently shut in (carried)
• Cash flow expected to exceed 1,300,000 / yr. in
  2006
• Eight producing wells (five added in 2006)
• New wells being added in 2007
• Uranium applications submitted in Niger

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Property LocationsBattle Mountain Trend Nevada
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Gold Deposits and Greencastle Projects, Battle
Mountain Trend Nevada
Cortez Trend
Battle Mountain-Eureka Mineral Trend
Indian Creek
Coal Canyon
Kobeh
Cortez Trend
Jewel Ridge
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Location Jewel Ridge Property NevadaAdjoins
Barrick Ruby Hill Property where 1 million ounce
Au resource is being evaluated for
productionStraddles structural/stratigraphic
trend hosting low grade Au-Ag deposits to south
and Ag-Au-Pb-Zn deposits to northStaccato
adjoins southern property boundary
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General GeologyJewel Ridge Property Nevada22
RC holes on 4 target areas40 metres 2.1 g/t Au
in Hamburg mine area
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Coal CanyonGeology
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Section 7300Looking NorthwestCoal Canyon
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Kobeh PropertyGeophysicalInterpretation2004
program 4 RC holes for 3,000 feet tested
geophysical and Au geochem targets
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Gold Exploration in Niger
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Greencastle Permits - Niger

• High priority, drill-ready gold targets in
  Birimian greenstone belts with gold deposits
  nearby
• Targets identified from major exploration
  programs in 1990s
• Exploration largely curtailed in 1998 due to fall
  in gold price
• Optioned to Orezone Resources Inc.
• Exploration Program drilling by Orezone on Namaga
  and Koyria permits
• Several fences of drilling will test the best
  soil and termite anomalies in each of the
  selected anomalous areas
• Encouraging 2006 drill results at Namaga
  including 22m of 2.4 g/t and 10m of 4.9 g/t
  gold

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Gold Deposits in West African Craton
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Greencastle Resources Ltd.

• Gold In Niger
• Samira Hill deposit - 10 mm tons at 2.2 g/t Au
  mining commenced in 2004 618,000 oz Au to be
  mined over 6 years (Etruscan SEMAFO)
• Koma Bangou gold deposit 9.4 million tons at 1
  g/t Au
• Numerous small artisanal mining operations

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Geology and Greencastle Permits - Niger
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Greencastle Resources Ltd.

• Namaga Concession, Niger
• 1,148 square km includes former Ashanti
  concession
• Ashanti collected some 50,000 samples of soil and
  termite mounds identified number of extensive
  Au anomalies
• Trenching on Block 3 Targets (1.2 g/t Au over 38
  m and 1.17 g/t Au over 26 m in 1998)
• Block 10 Area (numerous values up to 4.5 g/t Au
  over 2 m) artisanal mining nearby
• Encouraging 2006 drill results at Namaga
  including 22m of 2.4 g/t and 10m of 4.9 g/t gold

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Greencastle Resources Ltd.

• Koyria Concession, Niger
• 1,045 square km
• Ashanti outlined large Au geochem anomaly at
  Allareni - grades of 1 to 75 g/t Au in quartz
  float
• Imperial Metals/Sumitomo drilling at Mbanga
  (1.64 g/t Au over 65 m, 4.3 g/t Au over 23 m in
  1996 in 1996)
• Low grade resource outlined on MKS by JICA 16.8
  million tons at 0.66 g/t Au
• 4 km Au geochem anomaly at GG prospect from JICA
  survey
• 1 km Au geochem anomaly cluster at KLD aligns
  with MBanga deposit to northeast

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Greencastle Resources Ltd.

• Uranium in Niger
• Niger is 4 producer of Uranium
• Over 7.8 million pounds uranium in 2004
• Two mines currently in production near Arlit
  one open pit, one underground owned and operated
  by consortium led by Cogema
• Applications for three concessions awaiting final
  approvals

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Geology of Niger
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Greencastle Resources Ltd.

• Saskatchewan Oil and Gas
• Royalty Agreements in place
• Greencastle oil discovery at Primate (2003/4)
• Currently 8 producing wells operated by Trigger
• Gas discovery on Primate North shut in by Sphere
• Royalty income commenced in Q2 2005
• Royalty income expected to exceed 1,300,000 in
  2006
• New wells added / production expected to increase
  throughout 2007

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Primate Oil Wells, Saskatchewan
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Greencastle Resources Ltd.2007 Business Plan

• Gold Exploration
• Drilling at Jewel Ridge, Battle Mtn. Trend,
  Nevada
• Drilling in Niger by Orezone on Namaga and Koyria
• Oil Royalty
• New wells to be added in 2007
• Production expected to continue to increase
  through 2007
• Business Development
• Uranium concessions under application in Niger
• Continuing to evaluate additional opportunities
• Positive net earnings in 2006 and expected for
  2007