Slide 1: Investor Presentation
For personal use only Investor Presentation Presented by Chris Drown, Managing Director #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: Corporate statistics
Corporate statistics For personal use only • Listed on ASX in 1996 (ADN) • Shares issued 145 million • Unlisted securities 2.9 million • Cash $4.3 million at 31 March • Shareholders 2250 • Top 20 hold 29.21% • Major holder Tidewater 9.3% • 12 month trading 5.5 to 14.0 cents • Market cap $9.57M (6.6
Slide 4: The Board and Senior Management
The Board Senior Management For personal use only Andrew Brown – Fund Manager Nick Harding – Accountant Non-executive Chairman Company Secretary/CFO 30+ years experience 25+ years experience Chris Drown – Geologist Barbara Anderson – Geologist Managing Director Exploration Manager 25+ years experien
Slide 5: Our Business
Our Business For personal use only • South Australian based gold-copper-(uranium) explorer. • Projects in SA, NT and QLD in terrains with pedigrees that can deliver “company maker” discoveries . • The company is self funding exploration programs on its 100% owned Rover and Moonta gold-copper project
Slide 6: ADN has a serious go for its shareholders
ADN has a serious go for its shareholders For personal use only ADN annual exploration and administration spend 5000 4500 Exploration funding 4000 Joint Venture Adelaide Resources 3500 Administration 3000 $ ‘000s 2500 2000 1500 1000 500 0 / 98 /99 /00 1 02 3 6 / 08 9 /10 /11 /04 5 7 /0 /0 /0 /0 /0 /
Slide 7: Tier Project Locations
Tier 1 Project Locations For personal use only ROVER Gold/Copper Northern Territory Queensland South Australia MOONTA Victoria EYRE PENINSULA Copper/Gold Gold/Copper #7
Slide 8: Moonta Project
For personal use only Moonta Project #8
Slide 9: Moonta Project – Location showing 2012 targets
Moonta Project – Location showing 2012 targets For personal use only #9
Slide 10: Paskeville Prospect
Paskeville Prospect For personal use only #10
Slide 11: Paskeville Prospect – Section
Paskeville Prospect – Section For personal use only PAC006 intersection of 42 metres at 1.1% Cu and 0.11g/t Au is un- bottomed. Mineralisation open at depth and along strike. Potentially significant silver also present. Stage 2 drilling in progress. #11
Slide 12: Willamulka Prospect – Drillhole plan
Willamulka Prospect – Drillhole plan For personal use only Shoot A – 550 metre long coherent zone of thicker and higher grade mineralisation. #12
Slide 13: Willamulka Prospect – Section
Willamulka Prospect – Section For personal use only #13
Slide 14: Moonta Project – Significant intersections
Moonta Project – Significant intersections For personal use only Prospect Hole Year Easting Northing Final From To Interval Cu Au Dip Azimuth Name Name Drilled (mga94) (mga94) Depth (m) (m) (m) % g/t PAC001 2012 767784 6235063 -90 ~ 75 11 21 10 1.06 ~ 58 67 9 1.27 0.06 PAC005 2012 767826 6235036 -90
Slide 15: Rover Project
For personal use only Rover Project #15
Slide 16: Rover Project – Location
Rover Project – Location For personal use only #16
Slide 17: Rover Prospect – Section
Rover 1 Prospect – Section For personal use only System of substantial dimension confirmed on ADN’s ground. High grades of gold and copper intersected. Neighbour Westgold Resources has recently applied for approval to establish an exploration decline into Rover 1 (1.22 Moz Aueq resource). #17
Slide 18: Rover Prospect – Section
Rover 4 Prospect – Section For personal use only Located about 2.2km northeast of Rover 1. Shallowest known mineralisation in the broader Rover Field. Two main zones of Cu-Au present. Ranks second behind Rover 1 in terms of Rover Field deposits. #18
Slide 19: Rover Project – Significant intersections
Rover Project – Significant intersections For personal use only Year Easting Northing Total From To Interval Au Cu Prospect Hole ID Dip Azimuth Drilled (MGA94) (MGA94) Depth (m) (m) (m) g/t % R1ARD29 2009 359180 7787953 -87 355 711.4 555 571 16 0.21 1.20 R1ARD30 2009 359179 7787953 -87 350 781.0 357
Slide 20: Eyre Peninsula Project
For personal use only Eyre Peninsula Project #20
Slide 21: Eyre Peninsula Project – 3300 km2 land position
Eyre Peninsula Project – 3300 km2 land position For personal use only Paris silver discovery (Investigator Resources) Barns/White Tank Baggy Green Geochemical gold 30 KM anomaly #21
Slide 22: Barns Section
Barns Section For personal use only 16m @ 1.00 g/t Au Depleted Oxide Primary 146.7m @ 0.87 g/t Au 88.6m @ 1.25 g/t Au 2m @ 67.6 g/t Au 11m @ 2.84 g/t Au 9m @ 1.17 g/t Au 36m @ 1.80 g/t Au 11m @ 2.45 g/t Au Mineralised zone 100 M #22
Slide 23: Eyre Peninsula Project – Significant intersections
Eyre Peninsula Project – Significant intersections For personal use only Year Easting Northing Total From To Interval Au Prospect Hole ID Dip Azimuth Drilled (MGA94) (MGA94) Depth (m) (m) (m) g/t RHBN-050 2000 542211 6366000 -70 090 76 35 43 8 3.00 RCBN-051 2000 542187 6366000 -60 090 120 80 86 6 4.
Slide 24: Summary
Summary For personal use only • Good team of people executing a significant exploration effort with vast majority of funds directed to drilling. • 100% owned Paskeville and Willamulka Cu-Au discoveries on Yorke Peninsula in SA. • 100% owned Rover 1 and Rover 4 Cu-Au discoveries near Tennant Creek in
Slide 25: Adelaide Resources Limited
Adelaide Resources Limited “Creating wealth through discovery”