Andromeda Metals Limited · ASX:ADN

Andromeda Metals — Adelaide Resources — Shareholder Meeting (November 2006)

41 slides from Andromeda Metals's shareholder meeting presentation, Nov 21, 2006

  1. Slide 1: cena AU

    cena AU : Se = = - ... sisi = === == 2S ee =

  2. Slide 2: Outline

    Eucla Basin Outline JACINTH & AMBROSIA Adelaide Resources lluka Resources Others Adelside | Resources Limited

  3. Slide 3: Adelaide Resources Limited

    Adelaide Resources Limited (i nn HN nL i lo HA

  4. Slide 4: Global Zircon Assemblages

    - Adelside | Resources | Limited @ Eucla Sasin @ Murray Basin ® Namalwa Ticor Virginia: Florida ® Pd @ Dupont CSL @ cry MOL Grande Cote * * ROM ‘ , Bema Torin Kenmare: ® luke Southwest ® BHP Corridor 4 infos gir o—* @® Hoke @ Producers Tid, unit production kt @ New Projects «—- Industry Avemge Globa

  5. Slide 5: Zircon end uses

    : TV Glass Zirconia ZR Chemical 5% 6% Other 6% 2% Precision Casting Lc Adelside | 2 i Resources oe A Limited OD Dee

  6. Slide 6: Zircon Market Opportunity

    on = = 7 = _ Existing Operations WS ———_ ircon Market Opportunity Limited

  7. Slide 7: How did all this happen?

    Adelaide Resources Limited Hoon EAE cant a | ni a CIN iii _ How did all this happen?

  8. Slide 8: a | |. _

    a | |. _

  9. Slide 9: RAB/Aircore

    — a RAB/Aircore . o g g 2 3 a Y c oO. 2 x ray 3 < 2 2 ra o > g 6 S = le

  10. Slide 10: MMe

    =e == = 8 Be 7 MMe _ | _ = = = = = ic i Ca ee

  11. Slide 11: : a =—s

    : a =—s

  12. Slide 12: ayant

    a. ayant ee Adelaide Resources Limited Bi Roll rent uravionn: peospuct Mad cock uraniue ecemrenee [7] si coroner “ Ardaiside, Rasoureee necuriots (dasemierc urs project) eels i Haaxtretit Aa Spencer Gulf al ini

  13. Slide 13: ani

    ani a. / Rover — Gold/Copper Norhern Queensland Western | arillory Australia South . Australia , Colona — Mineral sands oA i New South Wales nabama — Copper Adelside | : Resources | ji Limited

  14. Slide 14: Major Shareholders

    _—. hr —cre = _ Le S = ™ = - = on a ° — 3 C) n a x > CQ) ta: bom So > ° oO 2 n 2 3 > Eo = G x P~ QD = & ® ee o o Py oF oS io £ 2 - = eR ce ro t E B N t ps . re So 2 S on & 4 = < o 2 ~ 8 Ros - 2g S& = . * Major Shareholders: i hr rt co _ — ..... ee

  15. Slide 15: BF rSr——“——CCEC

    BF rSr——“——CCEC Is discove inera Jo i ae . nev ee § < Do 3 g = @ 3 ro S$ Soy @ = 3 rt See oS = Seema Ss ting $s Crea

  16. Slide 16: oe mn

    oe mn SU : ae oy eG : Li unnanmnae enn o a ae ee Adelaide Resources Limited

  17. Slide 17: iicccm Ton

    iicccm Ton Adelaide Resources Limited

  18. Slide 18: Ambrosia, Tripitaka

    _ Ambrosia; Tripitakall 80km from Ceduna to Tripitaka turn-off Adelside | Resources Limited

  19. Slide 19: ini

    me a, : a ini uu a ini “ a v0 oy a a = : P

  20. Slide 20: 2006 drilling

    Pe ! ® = 1%HM @ <IS6HM 2006 drilling Drill traverse completed ‘Tipitaka 1% HIM resource outline Adelside | Resources | Limited

  21. Slide 21: Tripitaka Section 5085SE

    fluka Colona EL3233 | EL3316 g 8 8 formerly ZSBOBA & 21m @ 5.6%HM incl 3 @ 15.4%HM #e ——‘Tripitaka Section 5085SE — Looking North _

  22. Slide 22: Se rc rrr—“( eShrEc l ——C eS ———“‘<“ “‘“‘“ “CTCL

    Se rc rrr—“( eShrEc l ——C eS ———“‘<“ “‘“‘“ “CTCL eS SM ee CC eC = = = = = = = = = == == ee mt LGA Til L Sr : ee ae eee = oS oe = — .

  23. Slide 23: Oblique View of Resource Model

    Southern Northern lode: “ . fode: Wash- Marine embayment ’ over / Dunal, a Paarecen Direction of fong-shore drift. Granitic Premontory WE —_ Oblique View of Resource Model Limited

  24. Slide 24: Colona Joint Venture

    Colona Joint Venture. lluka 100% Total Adelaide Le Resources fk ie Limited Un ee

  25. Slide 25: Comparison of mineral sands deposits

    HM conc®) % limenite % Rutile 11% 5% % Zircon 10% 19% 48% 44.4 5.6 9.2 = = =x = = z 3.2% MT 387 | 11.5% 172 219} 4.3% Company Iluka lluka Bemax Aust. Zircon lluka ltuka Bemax Matilda Min. lluka TRIPITAKA | Stradbroke Is / Murray Basin Murray Basin 2) | — _ Murray Basin ‘ _ . _ WA mid-west ‘ WA south

  26. Slide 26: Colona JV — Drilling Status

    Iiiiannnnt NEP Adelaide Resources Limited Sh al aa i iano ih "Colona JV — Drilling Status

  27. Slide 27: Industry Recognition

    ccc TTT "HA ES qi ee Adelaide LC oo. ee _ Industry Recognition Limited i

  28. Slide 28: Mii

    Mii 0 Adelaide Resources Limited WN ee fe | Le Po : Le i io a a Fs

  29. Slide 29: Rover — Regional Location

    ae NORTHERN TERRITORY ‘Fenriant Creek Goldfield a ‘Rover Fietd : ® Historic mine on i ce Binge . Warrarunga Formation (7 i : a so (concealed at Raver} ca Te Lenin r fe SSSSsSRoverr — Regional Location Limited

  30. Slide 30: Rover — 2006 Targets

    Ln: HAA i y yy Explorer 142 a wie ee Adelaide Resources Limited one o OIE " aD ae es. nn i He Rover ~ 2006 Targets _

  31. Slide 31: Rover cross section

    Hn | Alon @O29g/ihu,0.24%6C0 Rover 4 ‘Cross section a FP") Cambrian cower [FZ Hematite, jasper. dotomite lade os : Warrarsunga hose : eee wei Aharation pipe | Copper anamstous zone 3 Gold and copper aamalous zone as Adelaide Resources Limited

  32. Slide 32: Rover — Rocks

    mn Hin Adelaide Resources Limited AIA ca 0 FAN ccc Rover 4—Rocks

  33. Slide 33: Mini

    — a Mini ane we 2 eee Adelaide i, | Lo Resources ; nae a Limited: ” is 2 ey a i lle i

  34. Slide 34: Ryne Panivensi Tasers

    w Ryne Panivensi Tasers o Adelesdes fezweunced ertlary Palasochanre! Jo's Yurviure Arae Havel Basanoait sew Coven Sanat Gold prospact YANINEE Adelaide Resources | Limited se Diae ea

  35. Slide 35: SS _ a a a5 a5 a a.

    SS _ a a a5 a5 a a.

  36. Slide 36: = SS - - a _

    = SS 8 - - a _

  37. Slide 37: Mining solution

    Mining solution Recyale settion Wraniam salution mie be processing: laa aii, i AMieitig solution fem procesaing plant, ie nnn We vaca Mn nn Adelaide Resources Limited

  38. Slide 38: Barna Hill

    BARNA HILL Speer Adelside | Resources Limited

  39. Slide 39: Radiometric anomaly

    A 460U 88TH ; 226 Tower West pW, 2 Seu soon 448U, 185TH. 26U 98Th os 3 Ethiopia EL 3873 Vetenda” . : 4 ABU GOTH } Radiometric Anomaly 220,125TH| 22ppm Uranium 135ppm Thorium {determined by XRF assay} i Adelside | Resources Limited

  40. Slide 40: = Se —— eee

    2 = Se —— eee : = LE

  41. Slide 41: Adelaide Resources Limited

    Adelaide Resources | Limited

Adelaide Resources — Shareholder Meeting (November 2006) on 6ix