Adyton Resources Corporation · TSXV:ADY

Adyton Resources — Investor Presentation (October 2021)

40 slides from Adyton Resources's investor presentation, October 2021

  1. Slide 1: World Class Gold & Copper

    WORLD CLASS GOLD & COPPER FRANK TERRANOVA / EXECUTIVE CHAIRMAN INVESTOR PRESENTATION / OCTOBER 2021 1

  2. Slide 2: Disclaimer

    Disclaimer This presentation has been prepared by Adyton Resources Corp (“Adyton” or the “Company”). Such forward-looking statements are not guarantees of future performance and involve known The information contained in this presentation is for information purposes only and has been and unknown ris

  3. Slide 3: Corporate snapshot

    Corporate snapshot Share price Cash Board & Management Stake C$0.07 C$5.6m 30 June 2021 8% 13 October 2021 close Trading range $0.07c - $0.40c Public Float Shares on issue Options on issue 25% 124.75m 10.23m 30c, June 2022 expiry Top 10 shareholders 86%* Market capitalisation Warrants on issue C$9.0

  4. Slide 4: Adyton Resources is developing world-class copper and gold projects

    4 Adyton Resources is developing Feni Island 1,460Koz Au Inferred world-class copper Resource Inferred Mineral Resource* +123%^ and gold projects in Fergusson Island PNG’s tier one Gameta Pacific Ring of Fire 175Koz Au Indicated Mineral Resource* 340Koz Au Inferred Mineral Resource* Wapolu 200Koz Au

  5. Slide 5: One of the world's best mining districts

    RAMBUTYO Au KONOS Porphyry-Skarn SIMBERI(6) 5Moz Au One of the world’s best target GRASBERG(2) OK TEDI(2) mining PORGERA(2) 26.5Mt Cu, 4.5Mt Cu, 16Moz Au LIHIR(2) 80Moz Au 15Moz Au 56Moz Au KAINANTU(4) 5.2Moz Au FENI ISLAND addresses SIKUT PANGUNA(2) 6.4Mt Cu, PNG WAFI-GOLPU(3) 8.6Mt Cu, Au 25Moz Au

  6. Slide 6: Fergusson Island and Feni Island

    Fergusson Island Feni Island Key projects: Wapolu, Gameta and Oredi Creek • ‘Lihir style’ geology – open in all directions Shallow, structurally controlled epithermal style Au • US$20m spent on drilling 18,813m (1990's and early Gameta 2000's) - no additional work undertaken prior to Adyton acquisit

  7. Slide 7: Project pipeline

    Project pipeline KONOS RAMBUTYO Porphyry-Skarn Au target SIKUT Vein hosted Au with Cu porphyry potential, along strike from FENI ISLAND Wild Dog mine SIDEIA & BASALAKI SIKUT Sideia: Numerous Cu showings, no systematic exploration PNG Au Basilaki: Potential for deeper porphyry Cu/Au OREDI FERGUSSON I

  8. Slide 8: PNG is a favorable operating jurisdiction

    PNG is a favorable operating jurisdiction: • Track record of developing Mineral Resource projects • Continued large oil, gas, infrastructure, agriculture and resource investments • Centralized government with a Westminster system of parliamentary democracy • Well-regulated mining industry administer

  9. Slide 9: Fergusson Island: a focus on near term production

    Fergusson Island A focus on near term production WAPOLU • Focus on Wapolu, Gameta and Oredi Creek GAMETA • 38 hole, 3,400m diamond drill campaign completed highlighting new target area outside resource • Identified scope to increase and expand current resource envelope • Leveraging results and previ

  10. Slide 10: Gameta drilling results

    Fergusson Island A Gameta drilling results Northern High- Grade Zone B A. ADD001: 18.3@2.65g/t inc 5.2m@4.71g/t E B. GRC037: 34m@5.0g/t inc13.2m @ 6.74g/t C F C. ADD002: 27.2m@4.38g/t inc 13.2m @6.74g/t D New Central D. ADD025: 6.0m @4.3g/t High-Grade Zone E. ADD006: 18.1m @4.88g/t incl 3m@ 14.2g/t

  11. Slide 11: Fergusson Island: Gameta targeting and upside

    Fergusson Island Gameta targeting and upside TSXV: ADY | OTC: ADYRF 11

  12. Slide 12: Gameta – new high-grade zone discovery

    Fergusson Island Gameta – new high-grade zone discovery TSXV: ADY | OTC: ADYRF New Discovery Zone XS16 12

  13. Slide 13: Gameta – trenching results

    Trenching program: Confirming continuity at surface Gameta – trenching results Previous outcropping at surface Resource Outline Fergusson Island TSXV: ADY | OTC: ADYRF 13

  14. Slide 14: Gameta – Cross Section, New Resource Model

    Fergusson Island Gameta – Cross Section New Resource Model TSXV: ADY | OTC: ADYRF Open at Depth Open Down Dip

  15. Slide 15: Gameta – Cross Section, New Resource Model

    Potential along north-east margin at (100-150m) depth Gameta – Cross Section New Resource Model Fergusson Island >2Kms strike extent Exploration Target Potential along Strike TSXV: ADY | OTC: ADYRF

  16. Slide 16: Gameta – New Resource Model

    Gameta – New Resource Model Potential along north-east margin at (100-150m) depth Plan View (RL -20m) Fergusson Island Exploration Target Potential along Strike TSXV: ADY | OTC: ADYRF

  17. Slide 17: Wapolu

    Fergusson Island Wapolu Gameta sister deposit • 30kms from Gameta – potential to combine resources and execute dig and ship operations • Wapolu deposit consists of 5.8m tonnes at an average grade of 1.06 g/t Au, for contained Inferred Resource of 200,000oz Au (Oct 2021). • Historical exploration and

  18. Slide 18: Wapolu drilling results

    3kms strike extent of mineralisation Fergusson Island A Adyton drill area K Wapolu drilling results B J A. WPA036: 10m @ 5.9g/t B. ADW001: 26m @ 1.79g/t inc 9m @ 2.94g/t C I C. ADW002: 17m@ 1.86g/t D. ADD003: 6.0m @ 2.25g/t & 2.5m @ 2.50g/t H E. WPC072: 7.7m @ 4.35g/t D F. WPA134: 19m @ 4.3g/t E G.

  19. Slide 19: Fergusson Island: Wapolu drilling results

    Fergusson Island Wapolu drilling results TSXV: ADY | OTC: ADYRF 19

  20. Slide 20: Wapolu Resource Model – Exploration Potential

    Wapolu Resource Model - Exploration Potential Fergusson Island Exploration Potential along Strike Plan View TSXV: ADY | OTC: ADYRF 20

  21. Slide 21: Feni Island regional setting and focus

    Feni Island SIMBERI(6) 5Moz Au Regional setting LIHIR(2) 56Moz Au and focus FENI ISLAND Drill Program Focus: • Increase shallow Au resource and upgrade mineral PANGUNA(2) resources classification PNG 6.4Mt Cu, 25Moz Au • Explore for significant Cu porphyry system by drilling IP target at greater dep

  22. Slide 22: Block Model long section and Drill Targets

    Line of section Target between the Block Model long section two Higher grade Zones Potential North under Younger and Drill Targets Cover Further drilling Feni Island required Depth Potential Deeper Adyton drilling TSXV: ADY | OTC: ADYRF

  23. Slide 23: Feni Island historical drilling and potential

    Feni Island Historical drilling and potential • +30 years of historical exploration – 212 holes drilled over 18,813m (9,707m DD & 9,106m RC and shallow AC) • Exploration Targets: • Au Epithermal: Later-stage low sulphidation epithermal gold mineralisation associated with shallow-level boiling (“Lihi

  24. Slide 24: Feni Island Copper Exploration Target

    Feni Island Copper Exploration Target • Cu Potential at depth to be tested fully - Spatial relationship with Au & depth extent limited by base of drilling • IP 3D Modelling indctaes a chargeable and conductive intrusive body at depth • Limited testing on IP targets to date – upside • Significant Cu

  25. Slide 25: Feni Island Exploration Drilling Program

    Feni Island Exploration Drilling Program TSXV: ADY | OTC: ADYRF 25

  26. Slide 26: Feni Island drilling results

    Feni Island Drilling results Adyton Diamond Drilling Program: • 1,962m in 5 drill holes • ADK001 – 003 testing southern margin / IP target • ADK004 – 005 drilled at north under-cover • All holes intersected Au with indications of Cu ADK004 – 155.1 – 156.1m Massive sulphide mineralization in Hydrothe

  27. Slide 27: Feni Island summary intersections

    Feni Island Summary intersections • ADK001 145m @ 0.8g/t Au (incl 28m @ 1.6g/t & 5m @ 2.9g/t) • ADK003 15m @ 1.3g/t Au • ADK004 84m @ 1.0g/t Au (incl 10m @ 1.4g/t; 17m @ 1.1g/t, 4.6m @ 2.0g/t & 1m @ 5.2g/t) TSXV: ADY | OTC: ADYRF 27

  28. Slide 28: Near-term catalysts to underpin growth

    Feni Island Near-term catalysts to underpin growth October 2021 Oct/Nov 2021 November 2021 December 2021 • Results from maiden • Consolidation of existing Feni drill program • Commence baseline studies exploration assets and associated future mining • Assay results from Feni • Resource update at • T

  29. Slide 29: Thank you

    Thank you Adyton Resources Limited Level 14, 167 Eagle Street Brisbane, QLD 4000 Australia T: +61 2 3854 2389 E: info@adytonresources.com.au PO Box 5807 W: www.adytonresources.com Brisbane, QLD 4000

  30. Slide 30: Appendix 1: Board & Management

    Appendix 1: Board & Management Frank Terranova – Executive Chair & CEO (Australia) Rod Watt – Executive Director (Australia) Stephen Kelly – CFO & Co Sec (Australia) Mr. Frank Terranova has extensive experience as a Mr. Rod Watt is a highly experienced Geologist Mr. Stephen Kelly is an experienced C

  31. Slide 31: Appendix 2: ESG Principles

    Appendix 2: ESG Principles Focused on sustainable Targeting Zero/Neutral Emissions development & building Contributing to PNG Nation Building a future for all Two-Way Stakeholder Engagement - In Country - Capital market Developing Sustainable Projects Building Long Lasting Community Partnerships - G

  32. Slide 32: Appendix 3: Resource Estimates using various cut-off criteria

    Appendix 3: Resource Estimates using various cut-off criteria Gameta – Grade Tonnage Table Indicated Resource Inferred Resource Cut-off Tonnes Gold grade Contained Tonnes Gold grade Contained Criterion (g/t Au) (Mt) (g/t) Gold (koz) (Mt) (g/t) Gold (koz) 0.3 4.5 1.24 179 16.9 0.78 423 0.4 4.3 1.29 1

  33. Slide 33: Appendix 4: Peer comparison

    Appendix 4: Peer comparison EV/ RESOURCE <$3/oz Using AU 0.5g/t Cut Off Grade Refer slide 32 cut off grade analysis Source PCF Capital 06/21 Thermometer Report TSXV: ADY | OTC: ADYRF 33

  34. Slide 34: Appendix 5: Sikut Project

    Appendix 5: Sikut Project 1 ‘Vein hosted Au with THREE MAIN PROSPECTS (1) Cu porphyry potential’ 3 Maragorik Gold Prospects: ‘Along strike from Wild • Three high sulphidation Au / Cu prospects – trenching grades of up to 21m @ 2.1g/t Au Dog Mine’ 5 • Limited drilling in the early 1990’s (12 holes) G

  35. Slide 35: Appendix 6: Sideia

    Appendix 6: Sideia LOCATED ALONG PAPUAN • Rock chips with up to 27.5% Cu and 3.92 g/t Au and historical results of 239 g/t Au and 40% Cu (1) FOLD BELT • An aeromagnetic and radiometric survey completed in 2018 designed ‘NO SYSTEMATIC MODERN to identify new prospects and drill targets and map out the

  36. Slide 36: Appendix 7: Basilaka

    Appendix 7: Basilaka Tunawand a North Tunawand a South 400m Tunawanda Prospect • Alkaline mineral system with excellent geochemistry, similar to Cadia and Nth Parkes Two distinct areas of hydrothermal alteration: • 2018 drilling program, 5 holes intersected alteration • North – deeper porphyry Cu ta

  37. Slide 37: Appendix 8: Oredi Creek

    Appendix 8: Oredi Creek ‘STRUCTURAL SHEAR ZONE WITH POTENTIAL FOR HIGH GRADE BONANZA STYLE EPITHERMAL AU • Gold mineralisation and associated widespread epithermal alteration is focused along the Oredi Fault Zone • Only three shallow drill holes drilled GOMWABILA “structural controlled Au veins”; 1.

  38. Slide 38: Appendix 9: Konos

    Appendix 9: Konos CU + AU PORPHYRY & SKARN TARGET • New Ireland is prospective for porphyry Cu/Au Deposits • Conceptual Target – little previous fieldwork has been carried out over the area • A limited Geochem sampling program was carried out Q4 2019 to identify the area of interest • 19 BLEG • 19 P

  39. Slide 39: Appendix 10: Rambutyo

    Appendix 10: Rambutyo COLLAPSED CALDERA GEOLOGIC SETTING TYPICAL OF MAJOR AU CU DEPOSITS IN PNG • A highly altered porphyry intrusive is confirmed to exist in the centre of the island • Late Miocene to Pliocene-aged intrusive porphyries are typically associated with major porphyry Cu / Au deposits i

  40. Slide 40: Appendix 11: PNG – Key facts

    Appendix 11: PNG – Key facts PNG has a strong track record in developing PAPUA NEW GUINEA FINANCIALS MINING REGULATIONS mineral • Proven jurisdiction for discovery • GDP average growth of circa • EL – Exploration lease: Initial resource and development of major mineral projects 4% since 2000 with 26

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