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RARE EARTHS, SPECIALITY
& STRATEGIC METALS
INVESTMENT SUMMIT
       Antimony: ‘Highest Risk’ Element
       Catherine Feore – Director & Vice
       President Marketing, Adroit Resources




 IRONMONGERS’ HALL, CITY OF LONDON ● TUESDAY-WEDNESDAY, 13-14 MARCH 2012
 www.ObjectiveCapitalConferences.com
February 2012




Exploring Mining
Properties Worldwide




 A focused explorer and developer of world class mining assets
Disclaimer
This presentation may contain « forward-looking statements » which reflect the
Company’s current expectations regarding the future results of operations, future
anticipated exploration results, performance and achievements of the Company,
including potential property acquisitions, the timing, content and results or work
programs, geological interpretations and potential mineral recovery processes and
negotiation and closing of future financings.
The statements reflect the current beliefs of the management of the Company, and are
based on currently available information. Accordingly, these statements are subject to
known and unknown risks, uncertainties and other factors, which could cause the actual
results, performance, or achievements of the Company to differ materially from those
expressed in, or implied by, these statements.
In addition, investors are cautioned that this presentation may contain information about
mineral properties adjacent to or near the Company’s properties and in which the
Company has no right or interest. Mineral deposits on such adjacent or near properties
are not indicative of the mineral deposits, if any, which may be found on the Company’s
properties.



                              TSXV: ADT • FSE: A7V                                      3
Presentation overview

Capital Structure

Two Flagship Assets

The Antimony Business

Italian Properties

Canadian Properties

Management



                     TSXV: ADT • FSE: A7V   4
Capital Structure (29 Feb 2012)


            Current Market:                  $.06

            52 wk Price Range:          $.04 - $.21

            Shares outstanding:      135,295,191

            Fully diluted:           203,795,506

            Market Cap (millions):             $8

            Approx. Insider Holdings:          12%




TSXV: ADT • FSE: A7V                             5
Italian project office

Two Flagship Assets

1. Italy - Historic Antimony Resources:

   Former recent major antimony producing Manciano
   area, Grosseto Province, Italy

                                                      Ontario project office
2. Ontario – Polymetallic Vein & VMS Discovery:

   Red Vein Property, Shining Tree Mining Camp,
   Abitibi greenstone belt




                         TSXV: ADT • FSE: A7V                                  6
Current exploration work programme:
•   Preparation for drilling of historic antimony resources, Italy.

•   Winter drilling programme on the Red Vein property, in the Shining Tree
    Camp, Ontario.




                             TSXV: ADT • FSE: A7V                             7
Antimony – Flame Retardant, 57%




              TSXV: ADT • FSE: A7V   8
Antimony – PET and Polyester, 14% and increasing




              TSXV: ADT • FSE: A7V                 9
Antimony – Other uses




              TSXV: ADT • FSE: A7V   10
What is Antimony (Sb) used for?




                 TSXV: ADT • FSE: A7V   11
World Production 2010




                 TSXV: ADT • FSE: A7V   12
And with Italian production...
• 10,000t/year




                 TSXV: ADT • FSE: A7V
And with Adroit’s internal objective...
• 20,000t/year




                  TSXV: ADT • FSE: A7V
Supply of Antimony
• Chinese production decreasing : 180,000 t (2008), down to
   120,000 t (2010) - 50% from one company

• Export duties and quantitative limits imposed in 2010

• Additional capacity purchased - Beaver Brook, in Canada and
   Anchor in Australia

• There is no effective substitute for its major application (flame
   retardant)
• Low recycling due to dissipative nature of major usage


                         TSXV: ADT • FSE: A7V                         15
Demand for Antimony

• China introduces import subsidies in 2011

• EU places Antimony on ‘Critical List of 14 Raw
  Materials’

• US and EU currently 100% dependent on imports

• British Geological Survey places in the very high risk
  category
                   TSXV: ADT • FSE: A7V                    16
The Antimony Business


• Antimony prices recently climbed
 to over $17,000/t corrected to
 $12,300/t ($5.58 per pound)

• Forecast to rise with increasing
 supply constraints

                                        3-years Sb price (sources: metalprices.com)




                                                                            17
                      TSXV: ADT • FSE: A7V
Comparator - only one other pure antimony play,
Tri-Star Resources




               TSXV: ADT • FSE: A7V               18
ADT’s Current Exploration Permits:

• I Monti             273 hectares

• Poggio Fogari       439 hectares

• I Salaioli          366 hectares

• Poggio Monticchio   162 hectares

• Faggio Scritto      246 hectares

• Poggio Pietricci    653 hectares

• Total hectares      2,139 hectares


                      TSXV: ADT • FSE: A7V   19
Former Producing Permits
•   Located in former major, recently producing,
    Manciano area, Grosseto Province, Italy

•   Historic antimony resources drilled in ‘81/’82
    with a view to providing feed for the mine
    processing facility




                                                     TSXV: ADT • FSE: A7V   20
ADT & Antimony in Italy
Objective

To recommence mining of antimony and other metals (Au, Ag, Sn)

How will we do it?
1.   Current historic resources are over 45,000 tonnes of contained metal
     (not ore) and 43-101 resource calculation drilling is to commence in
     2012.

2.   We plan to increase this to 100,000 tonnes of mineable Antimony
     resources in 43-101 resource calculations for a 10 year mine life by:

     a. Continued exploration on open antimony deposits on currently held
     properties and

     b. Expand our antimony resources by acquiring other properties
     known, or thought, to contain antimony resources.
                          TSXV: ADT • FSE: A7V                               21
Soil sampling between Macchia Cassella + Extension




                TSXV: ADT • FSE: A7V             22
Three new applications : Selvena, Catabbio, Valle Lupara




                   TSXV: ADT • FSE: A7V               23
Focus on Canadian Properties
•   Under-explored properties

•   Regions known to contain prolific
    deposits

•   Abitibi greenstone belt renowned for
    past discoveries of volcanogenic
    massive sulphide (VMS) deposits

    Produced in excess of 450 Mt of
       Copper-Zinc ore to date




                          TSXV: ADT • FSE: A7V   24
Red Vein Property, 142 km2, Shining
    Tree Camp
•   80km South of Timmins
•   4% of the world’s known VMS deposits,
    within a 200km radius including the Kidd
    Creek Mine (85km North)
•   ADT drilling confirmed VMS system at
    Grassy Lake. Cu & Au and Cu, Pb & Zn
    MMI geochemistry targets
•   43-101 - Inferred McIntyre Deposit
    Model potential at Little Pigeon Lake.
    2.3 km polymetallic vein samples of up
    to 10.4 % Cu
                                                     VMS Deposits
•   Drilling programme this winter

                              TSXV: ADT • FSE: A7V                  25
Shining Tree Camp - Red Vein




     TSXV: ADT • FSE: A7V      26
Red Vein Target – Little Pigeon Lake
                Geological Model
• ADT field work shown inferred McIntyre Deposit -
  NI 43-101 report refers
• McIntyre Deposit is an intrusive-hosted vein and
  disseminated Cu-Au-Ag-Mo deposit and gold-pyrite-
  quartz vein system clustered around the Pearl Lake
  porphry intrusive

• Mined between 1912 and 1988 producing 35 million
  oz Au, 7 million oz Ag and 100,000 tons Cu
• Recovered grades were 0.59 g/t Au, 2.39 g/t Ag and
  0.59% Cu. Unrecovered Mo at 0.05%
               TSXV: ADT • FSE: A7V                    27
TSXV: ADT • FSE: A7V
Directors, Officers and Consultants

Graeme Rowland, Chairman/President                 (Brussels)
Dave Hutcheson, Director                           (Brussels)
Catherine Feore, Director /VP Marketing            (Brussels)
Bill Jung, Chief Financial Officer                 (Vancouver)
Frances Murphy, Company Secretary                  (Vancouver)
Terry King, Corporate Counsel                      (Vancouver)
Dr Guy Franceschi, Economic Geologist Consultant   (Gent)
Dr Mehmet Taner, Qualified person, PGeo            (Ottawa)
Dr Mark Fedikow, Qualified Person, PEng and PGeo   (Winnipeg)


                          TSXV: ADT • FSE: A7V                   29
Technical Management
Guy Franceschi
Management Geological Advisor
Economic Geologist

Cobalt Team:
Stuart Hopkins – ADT Cobalt Manager , Geo Technician
Qualified Person (QP) – Mark Fedikow, Eng. Ph. D.
3 full time plus about 20 subcontractors, including 2 geologists
Grosseto Province Team:
RMN S.r.l. – Risorse dei Minerali Naturali SRL (Subsidiary of ADT Inc.)
Davide Franceschelli – RMN Manager, Geologist and Local work director
Karolina Cienkuszewska – Management administrator
Qualified Person (QP) – Mehmet Taner, Eng. Ph. D.
6 full time plus about 10 subcontractors, including 5 geologists
                           TSXV: ADT • FSE: A7V                           30

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Antimony: ‘Highest Risk’ Element

  • 1. RARE EARTHS, SPECIALITY & STRATEGIC METALS INVESTMENT SUMMIT Antimony: ‘Highest Risk’ Element Catherine Feore – Director & Vice President Marketing, Adroit Resources IRONMONGERS’ HALL, CITY OF LONDON ● TUESDAY-WEDNESDAY, 13-14 MARCH 2012 www.ObjectiveCapitalConferences.com
  • 2. February 2012 Exploring Mining Properties Worldwide A focused explorer and developer of world class mining assets
  • 3. Disclaimer This presentation may contain « forward-looking statements » which reflect the Company’s current expectations regarding the future results of operations, future anticipated exploration results, performance and achievements of the Company, including potential property acquisitions, the timing, content and results or work programs, geological interpretations and potential mineral recovery processes and negotiation and closing of future financings. The statements reflect the current beliefs of the management of the Company, and are based on currently available information. Accordingly, these statements are subject to known and unknown risks, uncertainties and other factors, which could cause the actual results, performance, or achievements of the Company to differ materially from those expressed in, or implied by, these statements. In addition, investors are cautioned that this presentation may contain information about mineral properties adjacent to or near the Company’s properties and in which the Company has no right or interest. Mineral deposits on such adjacent or near properties are not indicative of the mineral deposits, if any, which may be found on the Company’s properties. TSXV: ADT • FSE: A7V 3
  • 4. Presentation overview Capital Structure Two Flagship Assets The Antimony Business Italian Properties Canadian Properties Management TSXV: ADT • FSE: A7V 4
  • 5. Capital Structure (29 Feb 2012) Current Market: $.06 52 wk Price Range: $.04 - $.21 Shares outstanding: 135,295,191 Fully diluted: 203,795,506 Market Cap (millions): $8 Approx. Insider Holdings: 12% TSXV: ADT • FSE: A7V 5
  • 6. Italian project office Two Flagship Assets 1. Italy - Historic Antimony Resources: Former recent major antimony producing Manciano area, Grosseto Province, Italy Ontario project office 2. Ontario – Polymetallic Vein & VMS Discovery: Red Vein Property, Shining Tree Mining Camp, Abitibi greenstone belt TSXV: ADT • FSE: A7V 6
  • 7. Current exploration work programme: • Preparation for drilling of historic antimony resources, Italy. • Winter drilling programme on the Red Vein property, in the Shining Tree Camp, Ontario. TSXV: ADT • FSE: A7V 7
  • 8. Antimony – Flame Retardant, 57% TSXV: ADT • FSE: A7V 8
  • 9. Antimony – PET and Polyester, 14% and increasing TSXV: ADT • FSE: A7V 9
  • 10. Antimony – Other uses TSXV: ADT • FSE: A7V 10
  • 11. What is Antimony (Sb) used for? TSXV: ADT • FSE: A7V 11
  • 12. World Production 2010 TSXV: ADT • FSE: A7V 12
  • 13. And with Italian production... • 10,000t/year TSXV: ADT • FSE: A7V
  • 14. And with Adroit’s internal objective... • 20,000t/year TSXV: ADT • FSE: A7V
  • 15. Supply of Antimony • Chinese production decreasing : 180,000 t (2008), down to 120,000 t (2010) - 50% from one company • Export duties and quantitative limits imposed in 2010 • Additional capacity purchased - Beaver Brook, in Canada and Anchor in Australia • There is no effective substitute for its major application (flame retardant) • Low recycling due to dissipative nature of major usage TSXV: ADT • FSE: A7V 15
  • 16. Demand for Antimony • China introduces import subsidies in 2011 • EU places Antimony on ‘Critical List of 14 Raw Materials’ • US and EU currently 100% dependent on imports • British Geological Survey places in the very high risk category TSXV: ADT • FSE: A7V 16
  • 17. The Antimony Business • Antimony prices recently climbed to over $17,000/t corrected to $12,300/t ($5.58 per pound) • Forecast to rise with increasing supply constraints 3-years Sb price (sources: metalprices.com) 17 TSXV: ADT • FSE: A7V
  • 18. Comparator - only one other pure antimony play, Tri-Star Resources TSXV: ADT • FSE: A7V 18
  • 19. ADT’s Current Exploration Permits: • I Monti 273 hectares • Poggio Fogari 439 hectares • I Salaioli 366 hectares • Poggio Monticchio 162 hectares • Faggio Scritto 246 hectares • Poggio Pietricci 653 hectares • Total hectares 2,139 hectares TSXV: ADT • FSE: A7V 19
  • 20. Former Producing Permits • Located in former major, recently producing, Manciano area, Grosseto Province, Italy • Historic antimony resources drilled in ‘81/’82 with a view to providing feed for the mine processing facility TSXV: ADT • FSE: A7V 20
  • 21. ADT & Antimony in Italy Objective To recommence mining of antimony and other metals (Au, Ag, Sn) How will we do it? 1. Current historic resources are over 45,000 tonnes of contained metal (not ore) and 43-101 resource calculation drilling is to commence in 2012. 2. We plan to increase this to 100,000 tonnes of mineable Antimony resources in 43-101 resource calculations for a 10 year mine life by: a. Continued exploration on open antimony deposits on currently held properties and b. Expand our antimony resources by acquiring other properties known, or thought, to contain antimony resources. TSXV: ADT • FSE: A7V 21
  • 22. Soil sampling between Macchia Cassella + Extension TSXV: ADT • FSE: A7V 22
  • 23. Three new applications : Selvena, Catabbio, Valle Lupara TSXV: ADT • FSE: A7V 23
  • 24. Focus on Canadian Properties • Under-explored properties • Regions known to contain prolific deposits • Abitibi greenstone belt renowned for past discoveries of volcanogenic massive sulphide (VMS) deposits Produced in excess of 450 Mt of Copper-Zinc ore to date TSXV: ADT • FSE: A7V 24
  • 25. Red Vein Property, 142 km2, Shining Tree Camp • 80km South of Timmins • 4% of the world’s known VMS deposits, within a 200km radius including the Kidd Creek Mine (85km North) • ADT drilling confirmed VMS system at Grassy Lake. Cu & Au and Cu, Pb & Zn MMI geochemistry targets • 43-101 - Inferred McIntyre Deposit Model potential at Little Pigeon Lake. 2.3 km polymetallic vein samples of up to 10.4 % Cu VMS Deposits • Drilling programme this winter TSXV: ADT • FSE: A7V 25
  • 26. Shining Tree Camp - Red Vein TSXV: ADT • FSE: A7V 26
  • 27. Red Vein Target – Little Pigeon Lake Geological Model • ADT field work shown inferred McIntyre Deposit - NI 43-101 report refers • McIntyre Deposit is an intrusive-hosted vein and disseminated Cu-Au-Ag-Mo deposit and gold-pyrite- quartz vein system clustered around the Pearl Lake porphry intrusive • Mined between 1912 and 1988 producing 35 million oz Au, 7 million oz Ag and 100,000 tons Cu • Recovered grades were 0.59 g/t Au, 2.39 g/t Ag and 0.59% Cu. Unrecovered Mo at 0.05% TSXV: ADT • FSE: A7V 27
  • 28. TSXV: ADT • FSE: A7V
  • 29. Directors, Officers and Consultants Graeme Rowland, Chairman/President (Brussels) Dave Hutcheson, Director (Brussels) Catherine Feore, Director /VP Marketing (Brussels) Bill Jung, Chief Financial Officer (Vancouver) Frances Murphy, Company Secretary (Vancouver) Terry King, Corporate Counsel (Vancouver) Dr Guy Franceschi, Economic Geologist Consultant (Gent) Dr Mehmet Taner, Qualified person, PGeo (Ottawa) Dr Mark Fedikow, Qualified Person, PEng and PGeo (Winnipeg) TSXV: ADT • FSE: A7V 29
  • 30. Technical Management Guy Franceschi Management Geological Advisor Economic Geologist Cobalt Team: Stuart Hopkins – ADT Cobalt Manager , Geo Technician Qualified Person (QP) – Mark Fedikow, Eng. Ph. D. 3 full time plus about 20 subcontractors, including 2 geologists Grosseto Province Team: RMN S.r.l. – Risorse dei Minerali Naturali SRL (Subsidiary of ADT Inc.) Davide Franceschelli – RMN Manager, Geologist and Local work director Karolina Cienkuszewska – Management administrator Qualified Person (QP) – Mehmet Taner, Eng. Ph. D. 6 full time plus about 10 subcontractors, including 5 geologists TSXV: ADT • FSE: A7V 30