Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Adelaide Resources — Symposium Broken Hill (May 2011)
20 slides from Andromeda Metals's conference presentation, May 23, 2011
Slide 1: Adelaide Resources / Peninsula Resources IPO
For personal use only Adelaide Resources Limited Peninsula Resources Limited IPO Speaker: Chris Drown Slide 1
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement For personal use only The information in this presentation is published to inform you about Adelaide Resources Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involv
Slide 3: Remember these Key Points!
For personal use only Remember these Key Points! • Flagship project (Moonta) is on Yorke Peninsula, an area that is attracting strong investor interest. • Shallow Copper-Gold discovery achieved prior to listing at Willamulka Prospect! • Assays from 50 further Willamulka holes and 3,000 geochem sampl
Slide 4: Peninsula Resources IPO
For personal use only Peninsula Resources IPO • Spin-off ADN’s 6 exploration projects in SA and QLD into a new listing (Peninsula Resources Limited – PRL). • Seek the ASX listing of PRL in ~ June 2011. • Raise target of $6M (min $5M, max $7M). • Priority Offer to ADN shareholders. • ADN to be a majo
Slide 5: Peninsula Resources Capital Structure
For personal use only Peninsula Resources Capital Structure • Adelaide Resources 30 million shares (on listing) • New Subscribers 16 million shares (public) 8 million shares (priority offer) • Employee Share Plan 1.35 million shares (escrowed) • TOTAL 55.35 million shares Adelaide Resources to distr
Slide 6: Peninsula Resources Board of Directors
For personal use only Peninsula Resources Board of Directors • Andrew Brown – Chairman (fund manager, ex broker, financial analyst, corporate expertise) • Chris Drown – Managing Director (geologist) • Nick Harding – Finance Director/Company Secretary (accountant) • Mike Hatcher – Non executive Direc
Slide 7: Peninsula Resources Project locations
For personal use only Peninsula Resources Project locations DRUMMOND Gold Northern Territory Queensland EYRE PENINSULA South ANABAMA Australia Gold/Uranium/Copper Copper/Gold CORROBINNIE Uranium MOONTA Victoria YALANDA Copper/Gold Uranium Slide 7
Slide 8: Moonta Cu-Au Project
For personal use only Moonta Cu-Au Project Slide 8
Slide 9: Regional Location
For personal use only Regional Location South end of the regionally extensive “World Class” Olympic Copper-Gold Province. Prospective for Iron Oxide Copper-Gold (IOCG) deposits. Slide 9
Slide 10: Yorke Peninsula Setting
For personal use only Yorke Peninsula Setting ADN tenement 819 sq km. (713 sq km 100% owned, ADN Tenement 106 sq km 90% owned) Captures the historic “Copper Triangle” copper-gold mining district. Rex Minerals Tenements Region is delivering exciting exploration results driving investor interest which
Slide 11: Moonta-Wallaroo – A Rich Mining History
For personal use only Moonta-Wallaroo – A Rich Mining History Moonta - Wallaroo Mines Discovered 1860. Mined from 1861 to 1923. 336,000t Cu @ 5.4%. 54,000oz Au @ 0.26g/t. Ore hand picked. 1915 Richmans Enginehouse Poona & Wheal Hughes Mines Discovered 1985. Mined from 1989 to 1994. 19,000t Cu @ 4.0%
Slide 12: Moonta Copper Gold Project – Target Areas
For personal use only Moonta Copper Gold Project – Target Areas Slide 12
Slide 13: Willamulka Prospect
Willamulka Prospect 1500 metre long gold- For personal use only copper anomaly. Mineralisation (Cu, Au) intersected on all drill 2010 traverses. Recent 2011 program results confirm discovery of shallow copper-gold deposit. Slide 13
Slide 14: Willamulka Prospect – Section
For personal use only Willamulka Prospect – Section 2 Best copper and gold grades in thickest part of deposit. Continuity across four/five adjacent drill sections confirmed. Slide 14
Slide 15: Willamulka Prospect – Section
For personal use only Willamulka Prospect – Section 1 Slide 15
Slide 16: Willamulka Prospect – Section
For personal use only Willamulka Prospect – Section 4 Slide 16
Slide 17: Willamulka at same scale as Hillside and Poona
For personal use only Willamulka at same scale as Hillside and Poona Hillside Willamulka Inferred Mineral Resource 170Mt @ 0.7% Cu, 0.2g/t Au Inferred Inferred Resource Resource Boundary Boundary Poona Mine Source: Source: Rex Rex Minerals Minerals ASX ASX Releases Releases on on 28 28 July July and
Slide 18: Peninsula Resources Summary
For personal use only Peninsula Resources Summary • Copper, Gold, Uranium focus (Gold and copper projects largely wholly owned). • Moonta - flagship project on Yorke Peninsula including recent shallow Willamulka copper-gold discovery. • Impressive number of drill ready prospects on 4 of the 6 projec
Slide 19: Peninsula Resources IPO Timetable
For personal use only Peninsula Resources IPO Timetable • Offer Opens 5 May 2011 • Offer Closes 3 June 2011 • Anticipated 20 June 2011 ASX Listing These These dates dates are are indicative indicative only only and and may may be be subject subject to to change change Disclaimer: Disclaimer: The The
Slide 20: www.peninsularesources.com.au
For personal use only www.peninsularesources.com.au www.peninsularesources.com.au
Adelaide Resources — Symposium Broken Hill (May 2011) on 6ix