Andromeda Metals Limited · ASX:ADN

Andromeda Metals — Adelaide Resources — Shareholder Meeting (November 2007)

25 slides from Andromeda Metals's shareholder meeting presentation, Nov 5, 2007

  1. Slide 1: Speaker: Keith Yates

    For personal use only Speaker: Keith Yates Slide 1

  2. Slide 2: Eucla Basin – Tripitaka Zircon Project

    Eucla Basin – Tripitaka Zircon Project For personal use only • World’s foremost zircon source • 10Mt of HM, ~5Mt zircon in 3 world class deposits – J/A + Tripitaka • More discoveries likely Slide 2

  3. Slide 3: Tripitaka Zircon Project

    Tripitaka Zircon Project For personal use only • Strategic holding in basin heartland • Tripitaka – world class 1Mt of HM, 0.65Mt of zircon • Adres share ~30% • PFS completion Q1 2008 • Discovery potential high Slide 3

  4. Slide 4: Uranium Projects

    Uranium Projects For personal use only • >9000 sq km • Variety of deposit styles • Quasar JV • Imminent drilling Slide 4

  5. Slide 5: Project locations

    Project locations For personal use only Rover – Gold/Copper Northern Queensland Western Territory Australia South Australia Colona – Mineral sands Barton – Nickel New South Wales Eyre Peninsula –Gold Anabama – Copper/Gold/Uranium Eyre Peninsula –Uranium Moonta – Copper/Gold/Uranium Victoria Warrambo

  6. Slide 6: Speaker: Chris Drown

    For personal use only Speaker: Chris Drown Slide 6

  7. Slide 7: The Three Pillars of our Business

    The Three Pillars of our Business For personal use only Adelaide Resources Limited ZIRCON COPPER - GOLD URANIUM Colona JV Rover Quasar JV (incl. Tripitaka Project) Anabama Eyre Peninsula Moonta Slide 7

  8. Slide 8: Zircon – Colona JV

    Zircon For personal use only Colona JV Colona Joint Venture Adelaide 49% Iluka 51% (Manager) Slide 8

  9. Slide 9: Tripitaka Prefeasibility Study (PFS)

    Tripitaka Prefeasibility Study (PFS) For personal use only • Elements of PFS - Mine planning - Resource upgrade - Water supply - Metallurgy - Environment - Permitting - Native Title Slide 9

  10. Slide 10: Tripitaka PFS Work Modules

    Tripitaka PFS Work Modules For personal use only Resource Drilling Water Exploration Slide 10

  11. Slide 11: Tripitaka PFS Study

    Tripitaka PFS Study For personal use only • PFS scheduled for completion in first quarter of calendar 2008 • PFS report will include the scope, cost and schedule for a definitive feasibility study (DFS) • Colona Joint Venture to then decide on DFS Slide 11

  12. Slide 12: Zircon Exploration - Typhoon Discovery Follow-up

    Zircon Exploration - Typhoon Discovery Follow-up For personal use only Jacinth Typhoon Results 21m @ 4.7%HM from 1.5m 17% zircon in assemblage Slide 12

  13. Slide 13: Copper - Gold

    Copper - Gold For personal use only Rover Anabama Slide 13

  14. Slide 14: Rover Project Location

    Rover Project Location For personal use only Slide 14

  15. Slide 15: Rover Plan and Section

    Rover 4 Plan and Section For personal use only Slide 15

  16. Slide 16: Tennant Creek Mines

    Tennant Creek Mines For personal use only Mine Tonnes Cu% Cu (t) Au g/t Au (oz) Warrego 6,947,000 2.51 174,000 6.6 1,475,000 Nobles Nob 1,996,000 17.3 1,110,000 Juno 452,000 0.22 1,000 56.1 815,000 White Devil 1,618,000 14.6 761,000 Peko 3,676,000 4.01 147,000 3.5 414,000 Gecko 4,895,000 3.80 188,00

  17. Slide 17: Anabama (Dark Horse) Location

    Anabama (Dark Horse) Location For personal use only Blue Rose Results (PacMag Metals) 46m @ 2.2% Cu, 0.8g/t Au Blue Rose Dark Horse Inverted TMI Image Slide 17

  18. Slide 18: Dark Horse Section

    Dark Horse Section For personal use only Slide 18

  19. Slide 19: Uranium

    Uranium For personal use only Eyre Peninsula Moonta Slide 19

  20. Slide 20: Uranium Projects

    Uranium Projects For personal use only Ulysses Ethiopia KO11S Slide 20

  21. Slide 21: Quasar Joint Venture

    Quasar Joint Venture For personal use only • JV with Quasar Resources – discoverer of the Four Mile deposit • Major drilling program before year end • Drilling to target the Narlaby and Yaninee palaeochannels • Utilisation of PFN instruments Slide 21

  22. Slide 22: Basement Uranium – Ulysses Prospect

    Basement Uranium – Ulysses Prospect For personal use only ULY-1120 5m @ 165ppm U3O8 ULY-1107 1m @ 330ppm U3O8 ULY-1062 1m @ 248ppm U3O8 ULY-1109 3m @ 149ppm U3O8 Slide 22

  23. Slide 23: Basement Uranium – Ulysses Prospect

    Basement Uranium – Ulysses Prospect For personal use only Slide 23

  24. Slide 24: 2008 Proposed Exploration Programs

    2008 Proposed Exploration Programs For personal use only Rover (Cu-Au) Northern Queensland Western Territory Australia Anabama (Cu-Au) South Australia New South Wales Colona JV (Zircon) Victoria Tasmania Moonta (U) Quasar JV (U) Eyre Pen. (U) Slide 24

  25. Slide 25: Providing shareholders with discovery opportunities

    For personal use only Providing shareholders with discovery opportunities Slide 25

Adelaide Resources — Shareholder Meeting (November 2007) on 6ix