Mario  Caron,  President  &  CEO    Aldridge  Minerals  Inc.    TSX-­‐V:  AGM    June  2012    

2  

OUR CORE FOCUS

§  Polymetallic  project  in  Turkey  §  100  Km2  land  package  §  400+  drill  holes  completed  §  3  new  mineralized  outcrops  

Y E N I P A Z A R

WELL-DEFINED WITH UPSIDE POTENTIAL

3  

LOCATION Y E N I P A Z A R

4  

TURKEY IS EMERGING AS A MAJOR MINING AREA

YENIPAZAR Ankara

Istanbul

TURKEY AT A GLANCE §  2nd  fastest  growing  GDP  behind  China  §  FDI:  13th  in  the  world  

§  2011:  US$16  billion    §  Q1  2012:  US$4.6  billion  

§  Modern  and  secular  §  Rule  of  law  §  Western  mining  code  

Y E N I P A Z A R

5  

10TH LARGEST ECONOMY BY 2023

LOCATION – AERIAL VIEW Y E N I P A Z A R

6  

NEW OUTCROPS

1.7 km DEPOSIT

EGLENCE VILLAGE

PROJECT HIGHLIGHTS

§  VMS  deposit  §  1,700  m  strike  length    §  MineralizaUon  near  surface  §  Host  to:  

§  GOLD    §  SILVER  §  COPPER  §  LEAD  §  ZINC  

*  Geological  Survey  of  Canada  

7  

Y E N I P A Z A R

LARGE MINERAL GRAINS SIMPLIFY PROCESSING

90th PERCENTILE BY SIZE*

8  

9  

10  

RESOURCE ESTIMATE*

* Based on Preliminary Economic Assessment announced Dec. 20 2010. See page 32 for notes.

Y E N I P A Z A R

CATEGORY   TONNES   GOLD  G/T   SILVER  G/T   COPPER  %   LEAD  %   ZINC  %  

Indicated   24,284,000   1.09   33.8   0.31   1.16   1.50  

Inferred   218,000   0.49   22.7   0.30   0.71   1.16  

43-101 RESOURCE ESTIMATE 2010 BASED ON REVERSE CIRCULATION DRILLING

11  

ROBUST ECONOMICS*

§  Net  Present  Value  $209  Million  §  Internal  rate  of  return  23.2%  §  Discount  rate  7%  §  Strip  raUo**  4.5:1  §  Throughput  5,700  t/d    §  Life  of  Mine  12  years  §  CAPEX  $198  million  §  Project  payback  3.9  years  §  LOM  average  cost  $29.65/t  

*  Based  on  Preliminary  Economic  Assessment  announced  Dec.  20  2010.  See  page  32    for  notes.  **    Includes  pre-­‐stripping  

Y E N I P A Z A R

BASE CASE SCENARIO (PEA) – DECEMBER 2010

12  

§  Improve grade §  Increase recoveries §  Expand resource base

13  

§  Twin  drilling  program    completed  2011  §  Holes  5  meters  apart  §  Results:  

§  49%  more  gold  §  42%  more  silver    §  9%  more  copper    §  11%  more  lead  §  14%  more  zinc  

IMPROVING GRADE – Diamond drill program

RESULTS PAVE WAY FOR GRADE IMPROVEMENT

49% HIGHER GOLD GRADE

14  

INCREASING RECOVERIES

§  Metallurgical  tesUng  completed  by  G&T  

§  SGS  UK  now  responsible  for  all  metallurgical  tesUng  

§  Gravity  concentraUon  prior  to  flotaUon  produces  higher  recoveries   HIGH GRADES &

RECOVERIES GENERATE MORE CASH FLOW

79% NEW AU RECOVERY RATE

15  

EXPANDING RESOURCE

§  Three  new  mineralized  outcrops  idenUfied  

§  High  grade  intersecUons  from  geotechnical  drilling  adjacent  to  scheduled  pit  area  

16  

PROVIDES BLUE SKY POTENTIAL

<2km FROM MAIN MINERAL ZONE

DEVELOPING VALUE

2010*   2012   %  Increase  

Mine  Throughput   5,700  tpd   7,500  tpd   32%  

Gold  Recoveries   36.8%   79%*   115%  

3  Year  Trailing  Metal  Prices:  

             Au   $1,007   $1,340   33%  

             Ag   $16.19   $25   54%  

             Cu   $2.95   $3.50   19%  

             Pb   $0.90   $1.00   11%  

             Zn   $0.86   $0.95   10%  

* Based on Preliminary Economic Assessment announced Dec. 20 2010. See page 32 for notes. **Based on metallurgical testing carried out by G&T Metallurgical Services in Kamloops. See December 1, 2012 Press Release.

PROGRESS BY ORDERS OF MAGNITUDE

17  

IMPACT OF PROGRESS

18  

GENERATES HIGHER CASH FLOW

INCREASE IN MINE THROUGHPUT

+32% +115%

INCREASE IN GOLD RECOVERIES

+44%

AVG INCREASE IN AU AND AG PRICES

STRATEGIC LOCAL PARTNER

§  ANT  Holding  Anonim  §  Private  holding  company  with  interests    in  media,  engineering,  construcUon  

§  $11.2  million  investment  §  Strong  relaUonships  with    local  banking  &  government    contacts  

ACCELERATES PATH TO DEVELOPMENT STAGE

19  

30% OWNERSHIP OF ALDRIDGE

EXPERIENCED BOARD & MANAGEMENT

20  

BOARD  §  Barry  Hildred,  Chairman  §  Daniella  Dimitrov  §  John  F.  Cook  §  Ed  Guimaraes  §  Ahmet  Tacyildiz  §  Hande  Tacyildiz  §  Meric  Oktar  

MANAGEMENT  §  Mario  Caron,    

President  &  CEO  &  Director  §  Dr.  MarUn  Oczlon,    

VP  Explora6on  &  Director  §  Robbert  Borst,    

VP  Project  Development  §  Jim  O’Neill,  CFO  §  Serdar  Akca,  Country  Manager  §  David  Carew,  Corp.  Secretary  

CAPITAL STRUCTURE*

CLEAN CAPITAL STRUCTURE AND STRONG BALANCE SHEET

21  

Shares  Outstanding:    53.1  million  Fully  diluted:    62.4  million  Director/Insider  ownership:    ~36%  52  week  range:    $0.48  -­‐  $1.39  Recent  price:    $0.50  Market  Cap:    $26.6  million  Top  insUtuUonal  holders:    US  Global,  Colonial,  Libra,      

     Sprom,  Creststreet  Analyst  coverage:    Clarus,  Mackie  Research,  Paradigm,  

   Union  SecuriUes  

* As at June 2012

PROJECT CONSULTANTS

§  Jacobs  Minerals  Canada    §  Overseeing  &  coordinaUng  feasibility  study  

§  P&E  Mining  §  Resource  update  and  mine  plan/design  

§  Golder  Associates  §  Geotechnical  studies  

§  SGS  UK    §  Metallurgical  test  work  

§  SRK  Turkey  §  Preparing  ESIA  study,  compleUng  hydrological  test  work  

WORKING TOWARDS FEASIBILITY STUDY

22  

Q2  2012   Q3  2012   Q4  2012   Q1  2013  

Task   Apr.   May.   Jun.   Jul.   Aug.   Sep.   Oct.   Nov.   Dec.   Jan.   Feb.   Mar.  

Feasibility  Study    &  43-­‐101  

Enviromental    Impact  Assessment  

Diamond  Twinning    

Mine  Design/    Resource  Modeling  

ExploraUon  Drilling  

Resource  EsUmate  

UPCOMING CATALYSTS

FULLY FUNDED TO FEASIBILITY STUDY

23  

INVESTMENT SUMMARY

§  Advancing  towards  development  stage  §  Polymetallic  project  with  robust  economics  §  Located  in  safe,  mining  friendly  jurisdicUon  §  Experienced  management  team  §  Strategic  local  partner  –  ANT  Holding  §  Resource,  grade  and  and  recovery  improvements  §  Catalysts  for  value  creaUon  

PROGRESS BY ORDERS OF MAGNITUDE

24  

Mario  Caron,  President  &  CEO    Aldridge  Minerals  Inc.    TSX-­‐V:  AGM    June  2012    

26  

OUTLINE OF THE PROCESS FLOWSHEET

Crushing   Tail  

Grinding  and  ClassificaUon  

GRG  Circuit   FlotaUon  

Cu  FlotaUon  

Pb  FlotaUon  

Zn  FlotaUon  

•  Removes  mica  and  clays    •  Increases  grade  of  the  flotaUon  feed  

•  Reduces  the  mass    to  grinding  circuit      (40%  mass  rejected)  

Pre-­‐Gravity  ConcentraUon  

•  Recovers  liberated    gold  parUcles    

•  Produces    Gold  Doré

Gold  Leaching  

27  

AGREEMENT WITH ALACER

§  Agreement  with  Alacer  Gold  to  earn  100  %  interest  

§  Remaining  deliverable  is  the  DefiniUve  Feasibility  Study  by  December  2012  

§  Alacer  retains  6  %  net  proceeds  interest  (revenue  minus  operaUonal  cost)  unUl  a  total  revenue  of  US$  165M,  10%  therearer  

28  

OTHER ASSETS – Kili Teke Project

§  338  square  kilometre  exploraUon  license  in  Papua  New  Guinea    

§  Project  located  in  area  with  prospects  for  gold,  silver  and  copper    

§  IniUal  drill  program  encouraging  §  ObjecUve  is  to  seek  partnership  or  transacUon  that  will  generate  maximum  value  

29  

LOCATION K I L I T E K E

30  

LOCATED CLOSE TO OTHER DEVELOPMENT PROJECTS

KILI TEKE

MORE INFORMATION

§  www.aldridgeminerals.ca    §  Dave  Carew  §  (416)  477-­‐6984  §  dcarew@aldridgeminerals.ca  

31  

NOTES

1.  Resources  are  NI  43-­‐101  compliant  and  stated  as  of  December  10,  2010.  

2.  Metal  prices  used  for  calculaUng  NPV  are  based  on  a  three-­‐year  trailing  average  effecUve  November  30,  2010  of  $2.95/lb  Cu,  $0.86/lb  Zn,  $0.90/lb  Pb,  $1,007/oz  Au  and  $16.19/oz  Ag.  

3.  Based  on  AU  recovery  rate  of  36.8%  as  at    December  10,  2010.    

4.  Gold  recoveries  of  79%  are  based  on  metallurgical  tesUng  carried  out  by  G&T  Metallurgical  Services  in  Kamloops.  See  December  1,  2012  Press  Release.  

32  

FORWARD-LOOKING STATEMENTS

§  Certain   statements   contained   in   this   presentaUon   regarding   the   company   and   its  acUviUes   consUtute   “forward-­‐looking   statements”.   All   statements   that   are   not  historical   facts,   including   without   limitaUon   statements   regarding   future   esUmates,  plans,   objecUves,   assumpUons  or   expectaUons  of   future  performance  are   “forward-­‐looking  statements“.  We  cauUon  you  that  such  “forward-­‐looking  statements”  involve  known  and  unknown  risks  and  uncertainUes  that  could  cause  actual  results  and  future  events  to  differ  materially  from  those  anUcipated  in  such  statements.  Such  risks  and  uncertainUes  include  fluctuaUons  in  metal  prices,  unpredictable  results  of  exploraUon,  uncertainUes   inherent   in   the   esUmaUon   of   mineral   resources   and   reserves,  fluctuaUons  in  the  costs  of  goods  and  services,  problems  associated  with  exploraUon  and   mining   operaUons,   changes   in   legal,   social   or   poliUcal   condiUons   in   the  jurisdicUons  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.  PotenUal   investors   should  conduct   their  own   invesUgaUon  as   to   the  suitability  of  invesUng  in  securiUes  of  the  company.    

§  MarUn  S.  Oczlon,  PhD  Geo,  is  the  qualified  person  for  the  company  as  required  by  NI  43-­‐101   (Canadian  SecuriUes  Administrators).  The  company  undertakes  no  obligaUon  to  update  any  “forward-­‐looking  statements”.  

§  We  seek  Safe  Harbour.  

33