AGM-V ALDRIDGE MINERALS AGM-V www.aldridgeminerals.ca March 22, 2012
DISCLAIMER AGM-V Certain statements contained in this presentation regarding the company and its activities constitute “forward-looking statements”. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations of future performance are “forward-looking statements“. We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such risks and uncertainties include fluctuations in metal prices, unpredictable results of exploration, uncertainties inherent in the estimation of mineral resources and reserves, fluctuations in the costs of goods and services, problems associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions where the company operates, lack of appropriate funding and other risk factors. There can be no assurance that such “forward-looking statements” will prove to be accurate. Potential investors should conduct their own investigation as to the suitability of investing in securities of the company. Martin S. Oczlon, PhD Geo, is the qualified person for the company as required by NI 43-101 (Canadian Securities Administrators). The company undertakes no obligation to update any “forward-looking statements”. We seek Safe Harbour. 2
Directors & Management AGM-V Mario Caron, CEO & Director Joined Aldridge Nov 2011. Mario is a mining engineer with over 30 years of experience in the mining industry including board and management expertise in operations, exploration, and capital markets as well as government relations, from various international projects Jacob Willoughby, President Joined board Feb 2010 & became President Apr 2010. Geologist and former Partner and base metal analyst at Paradigm Capital in Toronto Barry Hildred, Chairman & Director Joined board Apr 2010. Former President of TMX Equicom, a subsidiary of the TMX Group, and past President and founder of the Equicom Group Dr. Martin Oczlon, VP Exploration & Director Founder & largest individual shareholder. Former BHP Senior Exploration Geologist for SE Europe and SW Asia 3
Directors & Management AGM-V Jim O’Neill, CFO Joined Aldridge Jun 2011. Formerly CFO of Royal Coal Corp, and VP Corporate Controller & IR at Tiomin Resources Daniella Dimitrov, Director & legal advisor Joined board Oct 2010. Formerly Vice Chair of Baffinland Iron Mines and COO of Dundee Securities John F. Cook, Director Joined the board May 2011. Mining Engineer and former Chairman of Premier Gold and Wolfden Resources Ed Guimaraes, Director Joined the board May 2011. Served as Executive VP & CFO at Aur Resources prior to it being acquired by Teck Resources 4
Market Highlights (as of Mar 21, 2012) AGM-V Symbol Canada TSX-V: AGM Analyst coverage Frankfurt: AIW Clarus Securities Inc. – Mike Bandrowski Shares outstanding 37.1 million Mackie Research Capital Corporation – 53.1 million pro forma Barry Allan Directors & Insiders approximately 12 % Union Securities – Phil Ker Shares fully diluted 51.7 million (4.8 m options, avg. 67.7 million pro forma $1.37, 4.721 m warrants, avg. $1.94) 52 week high / low C$ 1.52 / $0.48 Recent price C$ 0.62 Market cap C$ 23 million C$ 29.2 mil pro forma Cash C$ 4.74 million (Nov 30, 2011) Top institutional RBIM, US Global, Sprott, shareholders Creststreet, PT Asset Management 5
Yenipazar - Location Map AGM-V AGM – Yenipazar Au-Ag-Cu-Pb-Zn Project 6
Turkey: A Great Place for Mining AGM-V Fantastic Growth GDP second only to China at 9.0%. Worlds 17 th largest economy set to enter the top 10 by 2022 Excellent infrastructure roads, electricity, water, railways New, modern and western oriented mining code (2004) Low tax rate, tax incentives in our area, VAT re-payments • 0.5-1 % effective royalty, 20 % corporate tax One of the world’s last under explored mineral-rich regions with security of title and a safe working environment Recent large discoveries include: EGO-T: Kisladag (254 Mt @ 0.95 g/t Au – 7.8 M oz Au = $10.7 B ) • • ANO-T: Cöpler (90 Mt @ 1.87 g/t Au – 5.4 M oz Au = $7.4 B) • ENK-ASX: Caldag (33 Mt @ 1.3 % Ni – 946 M lbs Ni = $9.8 B excluding Cobalt value ) 7
Yenipazar Open Pit Resources (Feb 2011) AGM-V Million Au Ag Cu Pb Zn Tonnes g/t g/t % % % Ind. 24.28 1.09 33.8 0.31 1.16 1.52 Inf. 0.22 0.49 22.7 0.30 0.71 1.16 Contained metal: 854,400 oz of Au, 26.6m oz of Ag, 819m lbs of Zn, 624m lbs of Pb and 167m lbs of Cu NI 43-101-compliant resource estimate based on 370 drill holes in an optimized open pit shell (Feb 2011) According to the USGS the average Felsic VMS deposit is 3.0m tonnes and grades 3.2% Zn, 0.4% Pb, 1.2% Cu, 0.4 g/t Au and 25 g/t Ag. (Felsic VMS deposits are the largest of the 3 subtypes of VMS deposits) Mosier, Berger & Singer 2009 8
Accomplishments in 2011 AGM-V Completed C$12.4m bought deal private placement Financing ($1.50 unit with one 1/2 warrant, for two years at $2.00) Syndicate included Dundee (lead), Clarus, Raymond James & Macquarie Discovered Large-Scale Copper-Gold porphyry in Papua New Guinea Completed 30 hole infill diamond drill program, confirming higher than resource grade zones within Yenipazar, especially for gold and silver Completed metallurgical study indicating higher gold recoverability (+/- 75%) by gravity concentrate and cyanide leaching Discovered Three new mineralized outcrops north of the known resource at Yenipazar with grades at or higher than average resource grades Engaged Jacobs Minerals Canada to complete feasibility study Completed first pass drill program and further sampling in PNG Strengthened companies Board of Directors and Management team Completed the spin-off of Aldridge Uranium (now Anatolia Energy) 9
Strategic Turkish Investor - ANT Holding AGM-V Feb 27, 2012 On Fe b 2 7 , 2 0 12 AGM a n no u nc ed an $1 1.2 M n on -brok e r e d p r iv a te ce pla me nt by ANT Ho ldin g, a s trate gic T urk is h In v es tor. T he su b sc rip tion p ric e o f $0 .70 is a 1 6.7 % pre mium o ve r F e b 7 clo sing price of $ 0.6 0, an d w ill res u lt in a pp r o x imate ly 3 0.1% o wn e r s h ip by ANT Ho ldin g Ano nim. Sig nifica n t T e r ms of the De al: Two-yea r stan dstill , lockup & vo ti n co g mm i tme n ts ANT ANT retain ma s a om y n te thre a i n i lu nti-d ti o n oa e b righ l lo ts, a i re rd d rs o cto win ut of a g th em to p to rop o tal o f n rtio na ine tely p a rtici p a te in fu tu re fina ncin gs, b se a d o n the ir owne i p rsh at tha t ti m e Su bje ct to TSX Ven ture Excha ge n & sha reh er ap old p roval nu An al & Sp cia e l M ting ee se r M t fo ar 2 7, 20 12 ANT Ho l d ing An o nim (‘ANT ’) is a p ri va te Tu rkish h old co ing mp an y wi th involvem t in en min i n g & med ia “Th e Y en ipa zar pro jec t h as gre at p ote nti al to q uic kly be com e a s ign ific ant mi nin g o per atio n c on trib uti ng t o th e e co no mic de vel opm en t o f Turke y. Th e s ize an d te rm s o f ou r i nve stm en t ar e c lea r in dic atio ns of ou r co mm itm en t to w o rk w ith A ld rid ge’ s m an age me nt & Boa rd t o de ve lop & e nh an ce t he C om pa ny ’s valu ab le m in ing pr ope rtie s.” - Fa tih B e rk, C E O of A NT • • • • • • 10
Project Details AGM-V Open pit project — volcanogenic massive sulphide (VMS) Zn-Pb-Cu-Au-Ag deposit. Robust economics as demonstrated by our PEA Solid Resource Base — +24 Mt within an optimized open pit shell. This puts Yenipazar in the 90 th percentile of all known VMS deposits as far as size Great Infrastructure — paved road next to the deposit, as well as access to water. Power and rail within approximately 20 km Unique characteristic — Large ore mineral grains due to metamorphism – potentially more cost-efficient separation from host rock than usual VMS-deposits Deposit dimensions — roughly flat lying body should allow for flexible mine sequencing to optimize early payback - 1700 m long, up to 300 m wide, 30-190 m deep, on average about 25-30 m thick. Still open to the east and north of the deposit 11
Yenipazar Key Parametres AGM-V Large land package — 100 km2 property that has seen very limited exploration, level and low-relief, open terrain used predominantly for farming Typical VMS Mining Camps (Source: Geological Survey of Local support — Near-by village with pro-mining Canada) work force and strong community support. Agreement with Alacer — to earn 100 % interest. Alacer Minerals retains 6 % net proceeds interest (revenue minus operational cost) until a total revenue of US$165m, and 10% beyond that amount Commitment — Aldridge must deliver a feasibility to Alacer. There is no deadline, as long as Aldridge works diligently towards completing feasibility study 12
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