Mario Caron, President & CEO Aldridge Minerals Inc.TSX‐V: AGM May 2012
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Y E N I PA Z A ROUR CORE FOCUS        Polymetallic project in Turkey         Polymetallic project in Turkey        100 K...
Y E N I PA Z A RLOCATION                   Istanbul                              Ankara                                   ...
Y E N I PA Z A RLOCATION – AERIAL VIEW                              NEW OUTCROPS                   DEPOSIT   1.7 km       ...
Y E N I PA Z A RTURKEY AT A GLANCE     2nd fastest growing GDP behind China      2nd fastest growing GDP behind China    ...
Y E N I PA Z A RPROJECT HIGHLIGHTS           VMS deposit            VMS deposit           1,700 m strike length        ...
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Y E N I PA Z A RRESOURCE ESTIMATE*      CATEGORY             TONNES          GOLD G/T       SILVER G/T   COPPER %   LEAD %...
Y E N I PA Z A RROBUST ECONOMICS*           Net Present Value                                                          $2...
 Improve grade Increase recoveries Expand resource base                         13
IMPROVING GRADE – Diamond drill program                                p g  Twin drilling program    completed 2011     ...
INCREASING RECOVERIES  Metallurgical testing   Metallurgical testing    completed by G&T  SGS UK now responsible        ...
EXPANDING RESOURCE  Three new mineralized   Three new mineralized    outcrops identified  High grade intersections     g...
DEVELOPING VALUE                                          2010*                               2012**      NPV             ...
IMPACT OF PROGRESS  +32%               +300%  INCREASE IN  MINE THROUGHPUT                                +307%           ...
STRATEGIC LOCAL PARTNER  ANT Holding Anonim   ANT Holding Anonim  Private holding company with interests    in media, en...
EXPERIENCED BOARD & MANAGEMENT BOARD                         MANAGEMENT    Barry Hildred, Chairman    Mario Caron,     ...
CAPITAL STRUCTURE*       Shares Outstanding:           53.1 million       Fully diluted:         ll dil d                 ...
PROJECT CONSULTANTS  Jacobs Minerals Canada     Overseeing & coordinating feasibility study      Overseeing & coordinati...
UPCOMING CATALYSTS                               Q2 2012                 Q3 2012                 Q4 2012                 Q...
INVESTMENT SUMMARY    Advancing towards development stage    Polymetallic project with robust economics    Located in s...
Mario Caron, President & CEO Aldridge Minerals Inc.TSX‐V: AGM May 2012
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OUTLINE OF THE PROCESS FLOWSHEET                          Pre‐Gravity         Crushing                             Tail   ...
AGREEMENT WITH ALACER  Agreement with Alacer Gold to earn   Agreement with Alacer Gold to earn   100 % interest  Remaini...
OTHER ASSETS – Kili Teke Project                            j  338 square kilometre exploration license in   338 square k...
KILI TEKELOCATION                KILI TEKE   LOCATED CLOSE TO OTHER DEVELOPMENT PROJECTS                                  ...
MORE INFORMATION    www.aldridgeminerals.ca      www.aldridgeminerals.ca    Dave Carew    416 477 6984     416 477 6984...
NOTES 1. Resources are NI 43‐101 compliant and stated as of                                   p    December 10, 2010. 2. M...
FORWARD-LOOKING STATEMENTS    Certain statements contained in this presentation regarding the company and its     activit...
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Aldridge ppt v12

  1. 1. Mario Caron, President & CEO Aldridge Minerals Inc.TSX‐V: AGM May 2012
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  3. 3. Y E N I PA Z A ROUR CORE FOCUS  Polymetallic project in Turkey Polymetallic project in Turkey  100 Km2 land package  400+ drill holes completed 400+ drill holes completed  3 new mineralized outcrops WELL DEFINED WITH UPSIDE POTENTIAL 3
  4. 4. Y E N I PA Z A RLOCATION Istanbul Ankara YENIPAZAR TURKEY IS EMERGING AS A MAJOR MINING AREA 4
  5. 5. Y E N I PA Z A RLOCATION – AERIAL VIEW NEW OUTCROPS DEPOSIT 1.7 km 5
  6. 6. Y E N I PA Z A RTURKEY AT A GLANCE  2nd fastest growing GDP behind China 2nd fastest growing GDP behind China  Goal is to become 10th largest economy  by 2023 y  Modern and secular  Rule of law Rule of law  Western mining code NET IMPORTER OF METALS 6
  7. 7. Y E N I PA Z A RPROJECT HIGHLIGHTS  VMS deposit VMS deposit  1,700 m strike length   Mineralization near surface Mineralization near surface  Host to:   GOLD SILVER 90th PERCENTILE BY SIZE*  COPPER  LEAD LARGE MINERAL GRAINS SIMPLIFY PROCESSING  ZINC* Geological Survey of Canada 7
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  11. 11. Y E N I PA Z A RRESOURCE ESTIMATE* CATEGORY TONNES GOLD G/T SILVER G/T COPPER % LEAD % ZINC % Indicated 24,284,000 1.09 33.8 0.31 1.16 1.50 Inferred 218,000 0.49 22.7 0.30 0.71 1.16 43-101 RESOURCE ESTIMATE 2010 BASED ON REVERSE CIRCULATION DRILLING* Based on Preliminary Economic Assessment announced Dec. 20 2010. See page 32 for notes. 11
  12. 12. Y E N I PA Z A RROBUST ECONOMICS*  Net Present Value $209 Million  Internal rate of return I t l t f t 23.2% 23 2%  Discount rate 7%  Strip ratio** p 4.5:1  Throughput 5,700 t/d   Life of Mine 12 years  CAPEX $198 million $198 illi  Project payback 3.9 years  LOM average cost g $ $29.65/t / BASE CASE SCENARIO (PEA) – DECEMBER 2010 ( ) * Based on Preliminary Economic Assessment announced Dec. 20 2010. See page 32  for notes. **  Includes pre‐stripping 12
  13. 13.  Improve grade Increase recoveries Expand resource base 13
  14. 14. IMPROVING GRADE – Diamond drill program p g  Twin drilling program  completed 2011  Holes 5 meters apart  Results:  49% more gold  42% more silver 42% more silver   9% more copper  49% HIGHER GOLD GRADE  11% more lead RESULTS PAVE WAY FOR  14% more zinc GRADE IMPROVEMENT 14
  15. 15. INCREASING RECOVERIES  Metallurgical testing Metallurgical testing  completed by G&T  SGS UK now responsible  p for all metallurgical testing NEW AU  Gravity concentration prior  y to flotation produces p 79% RECOVERY RATE higher recoveries HIGH GRADES & RECOVERIES GENERATE MORE CASH FLOW 15
  16. 16. EXPANDING RESOURCE  Three new mineralized Three new mineralized  outcrops identified  High grade intersections g g  Potential for resource  expansion p <2km FROM MAIN MINERAL ZONE PROVIDES BLUE SKY POTENTIAL 16
  17. 17. DEVELOPING VALUE 2010* 2012** NPV $209 Million $643 Million IRR 23.2% 44.8% Discount rate Discount rate 7% 7% Strip ratio*** 4.5:1 4.5:1 Mine throughput 5,700 t/d  7,500 t/d Mine life 12 years 12 years Project payback 3.9 years 2.6 years AVG cost AVG cost $29.65/t $29.65/t PROGRESS BY ORDERS OF MAGNITUDE* Based on Preliminary Economic Assessment announced Dec. 20 2010. See page 32 for notes.** Management estimate based on expected recovery improvements and throughput increase announced March 6, 2012. Not NI 43-101 compliant.*** Includes pre-stripping 17
  18. 18. IMPACT OF PROGRESS +32% +300% INCREASE IN MINE THROUGHPUT +307% NPV VALUE INCREASE BASED ON HIGHER GENERATES HIGHER THROUGHPUT & CASH FLOW RECOVERIES 18
  19. 19. STRATEGIC LOCAL PARTNER  ANT Holding Anonim ANT Holding Anonim  Private holding company with interests  in media, engineering, construction , g g,  $11.2 million investment  Strong relationships with Strong relationships with  local banking & government  contacts 30 % OWNERSHIP OF ALDRIDGE ACCELERATES PATH TO DEVELOPMENT STAGE 19
  20. 20. EXPERIENCED BOARD & MANAGEMENT BOARD MANAGEMENT  Barry Hildred, Chairman  Mario Caron,   Daniella Dimitrov President & CEO & Director  John F. Cook  D M ti O l Dr. Martin Oczlon,   Ed Guimaraes VP Exploration & Director  Ahmet Tacyildiz Ahmet Tacyildiz  Robbert Borst,  VP Project Development  Hande Tacyildiz  Jim O’Neill, CFO  Meric Oktar  Serdar Akca Country Manager Serdar Akca, Country Manager  David Carew, Corp. Secretary 20
  21. 21. CAPITAL STRUCTURE* Shares Outstanding: 53.1 million Fully diluted: ll dil d 62.4 million 62 illi Director/Insider ownership: ~36% 52 week range: $0.48 ‐ $1.52 Recent price: Recent price $0.65 $0 65 Market Cap: $33.6 million Top institutional holders: US Global, Colonial, Libra,  Sprott, Creststreet Sprott Creststreet Analyst coverage: Clarus, Mackie Research,  Union Securities CLEAN CAPITAL STRUCTURE AND STRONG BALANCE SHEET* As at May 2012 21
  22. 22. PROJECT CONSULTANTS  Jacobs Minerals Canada  Overseeing & coordinating feasibility study Overseeing & coordinating feasibility study  P&E Mining  Resource update and mine plan/design  Golder Associates  Geotechnical studies  SGS UK   Metallurgical test work  SRK Turkey SRK Turkey  Preparing ESIA study, completing hydrological test work WORKING TOWARDS FEASIBILITY STUDY 22
  23. 23. UPCOMING CATALYSTS Q2 2012 Q3 2012 Q4 2012 Q1 2013Task Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.Feasibility Study  y y& 43‐101Enviromental  Impact AssessmentDiamond Twinning Mine Design/ Resource ModelingExploration DrillingResource Estimate FULLY FUNDED TO FEASIBILITY STUDY 23
  24. 24. INVESTMENT SUMMARY  Advancing towards development stage  Polymetallic project with robust economics  Located in safe, mining friendly jurisdiction  Experienced management team E i d tt  Strategic local partner – ANT Holding  Resource, grade and and recovery improvements Resource grade and and recovery improvements  Catalysts for value creation PROGRESS BY ORDERS OF MAGNITUDE 24
  25. 25. Mario Caron, President & CEO Aldridge Minerals Inc.TSX‐V: AGM May 2012
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  27. 27. OUTLINE OF THE PROCESS FLOWSHEET Pre‐Gravity  Crushing Tail Concentration Grinding and  Classification • Removes mica and clays Removes mica and clays  • Increases grade of the  flotation feed GRG Circuit Flotation • Reduces the mass to grinding circuit (40% mass rejected) ( d) Cu Flotation Gold Leaching Pb Flotation • Recovers liberated  gold particles  Zn Flotation • Produces  Gold Doré 27
  28. 28. AGREEMENT WITH ALACER  Agreement with Alacer Gold to earn Agreement with Alacer Gold to earn 100 % interest  Remaining deliverable is the Definitive  g Feasibility Study by December 2012  Alacer retains 6 % net proceeds interest  p (revenue minus operational cost) until a total  revenue of US$ 165M, 10% thereafter 28
  29. 29. OTHER ASSETS – Kili Teke Project j  338 square kilometre exploration license in 338 square kilometre exploration license in  Papua New Guinea   Project located in area with prospects for  j p p gold, silver and copper   Initial drill program encouraging p g g g  Objective is to seek partnership or transaction  that will generate maximum value 29
  30. 30. KILI TEKELOCATION KILI TEKE LOCATED CLOSE TO OTHER DEVELOPMENT PROJECTS 30
  31. 31. MORE INFORMATION  www.aldridgeminerals.ca  www.aldridgeminerals.ca  Dave Carew  416 477 6984 416 477 6984  dcarew@alridgeminerals.ca 31
  32. 32. NOTES 1. Resources are NI 43‐101 compliant and stated as of  p December 10, 2010. 2. Metal prices used for calculating NPV are based on  a three‐year trailing average effective November  th t ili ff ti N b 30, 2010 of $2.95/lb Cu, $0.86/lb Zn, $0.90/lb Pb,  $1,007/oz Au and $16.19/oz Ag. 3. Based on AU recovery rate of 35% as at  December 10, 2010.  4. Gold recoveries of 79% are based on metallurgical  4 G ld i f 79% b d ll i l testing carried out by G&T Metallurgical Services in  Kamloops. See December 1, 2012 Press Release. 32
  33. 33. FORWARD-LOOKING STATEMENTS  Certain statements contained in this presentation regarding the company and its activities constitute “forward‐looking statements”. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations of future performance are “forward‐ looking statements“. We caution you that such “forward‐looking statements” involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such risks and uncertainties include fluctuations in metal prices, unpredictable results of exploration, uncertainties inherent in the estimation of mineral resources and reserves, fluctuations in the costs of goods and services, problems associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions where th company operates, l k of appropriate f di and other th j i di ti h the t lack f i t funding d th risk factors. There can be no assurance that such “forward‐looking statements” will prove to be accurate. Potential investors should conduct their own investigation as to the suitability of investing in securities of the company.  Martin S. Oczlon, PhD Geo, is the qualified person for the company as required by NI 43‐101 (Canadian Securities Administrators). The company undertakes no obligation to update any “forward‐looking statements”.  We seek Safe Harbour. 33

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