Slide 1: Unlocking Value with Peninsula Resources
For personal use only Adelaide Resources Limited Unlocking Value with Peninsula Resources Speaker: Chris Drown Slide 1
Slide 2: Peninsula Resources Transaction Reasoning
For personal use only Peninsula Resources Transaction Reasoning • Ensure that ADN can fully participate in any consolidation of activities or tenements in the Tennant Creek area, which may take place as a result of the recommencement of mining activities in the area by one or more companies; • Elimi
Slide 3: 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 4: 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 5: 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 4
Slide 6: Moonta Cu-Au Project
For personal use only Moonta Cu-Au Project Slide 5
Slide 7: Regional Location
For personal use only Regional Location South end of the regionally extensive Olympic Copper-Gold Province on eastern margin of the Gawler Craton. Prospective for Iron Oxide Copper-Gold (IOCG) deposits. Slide 6
Slide 8: 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 9: Moonta Copper Gold Project – Target Areas
For personal use only Moonta Copper Gold Project – Target Areas Slide 8
Slide 10: 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 9
Slide 11: 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 10
Slide 12: Willamulka Prospect – Section
For personal use only Willamulka Prospect – Section 1 Slide 11
Slide 13: Willamulka Prospect – Section
For personal use only Willamulka Prospect – Section 3 Slide 12
Slide 14: Willamulka Prospect – Section
For personal use only Willamulka Prospect – Section 4 Slide 13
Slide 15: Willamulka Prospect – Section
For personal use only Willamulka Prospect – Section 5 Slide 14
Slide 16: Willamulka at same scale as Hillside and Poona
For personal use only Willamulka at same scale as Hillside and Poona Hillside Hillside Willamulka Inferred Inferred Mineral Mineral Resource Resource 170Mt 170Mt @@ 0.7% 0.7% Cu, Cu, 0.2g/t 0.2g/t Au Au Inferred Inferred Resource Resource Boundary Boundary Poona Mine Source: Source: Rex Rex Minerals
Slide 17: Eyre Peninsula Basement Au (Cu-U) Project
For personal use only Eyre Peninsula Basement Au (Cu-U) Project Slide 16
Slide 18: Project Location
Project Location Olympic Copper-Gold For personal use only Province Gawler Craton Central Gawler Gold Province Slide 17
Slide 19: Eyre Peninsula Project – Gold intersections
For personal use only Eyre Peninsula Project – Gold intersections BAGGY GREEN Geochemical gold 8m @ 4.79g/t Au anomaly 24m @ 2.33g/t Au BARNS 24m @ 2.19g/t Au WUD2 CENTRAL 12m @ 3.38g/t Au 1m @ 37.8g/t Au 2m @ 67.6g.t Au WHITE TANK 17m @ 3.47g/t Au 7m @ 10.0g/t Au 30 KM Slide 18
Slide 20: Baggy Green Section
Baggy Green Section W E For personal use only Surface 0 Base of weathering 36/0.76 27/0.27 50 5/9.01 7/2.31 24/2.33 9/1.02 49/0.45 100 ed e r alis l d m in e Go zon 28/ 0.83 4/2.57 150 RAB drillhole RC drillhole 50 M 7/2.31 7m @ 2.31 g/t gold Slide 19
Slide 21: Baggy Green – Potential for high grade shoots?
Baggy Green – Potential for high grade shoots? Tropicana-Havana prospect For personal use only Baggy Green Plan plan showing g/t Au x thickness (m) contours. Source: Independence Group NL (IGO) ASX release dated 23 Jan 2009. 2.6km High grade shoots 500m RAB drillhole RC drillhole Slide 20
Slide 22: Corrobinnie Uranium JV
For personal use only Corrobinnie Uranium JV Slide 21
Slide 23: Corrobinnie Uranium Joint Venture
For personal use only Corrobinnie Uranium Joint Venture 4362 4362 sq sq km km project. project. PRL PRL currently currently holds holds 40% 40% equity equity but but has has elected elected not not to to contribute contribute to to $1M $1M 2011 2011 program program –– interest interest will will fal
Slide 24: Corrobinnie Uranium Joint Venture – drill section
For personal use only Corrobinnie Uranium Joint Venture – drill section Uranium Uranium results results are are assayed assayed drill drill samples samples Excellent Excellent results results from from first first ever ever drilling drilling in in Thurlga Thurlga Palaeochannel. Palaeochannel. Slide
Slide 25: Peninsula Resources Summary
For personal use only Peninsula Resources Summary • Copper, Gold, Uranium focus • Moonta - flagship project on Yorke Peninsula including recent shallow Willamulka copper-gold discovery. • Impressive number of drill ready prospects on 4 of the 6 projects. • Very high level of PRL’s discretionary expe
Slide 26: 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 Slide 25
Slide 27: For personal use only
For personal use only www.peninsularesources.com.au www.peninsularesources.com.au