Building the Italian antimony industry

INDUSTRIAL MINERALS &
METAL RESOURCES
INVESTMENT FORUM
Building the Italian antimony industry
Catherine Feore – Director & VP of Marketing, Adroit Resources

IRONMONGERS’ HALL, CITY OF LONDON ● TUESDAY, 6 NOV 2012
www.ObjectiveCapitalConferences.com

November 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

Italy Grosseto Province

Antimony

Italian Properties

Canadian Properties

Management


Capital Structure (Oct 2012)

Current Market: $.05

52 wk Price Range: $.035 - $.07

Shares outstanding: 158,403,209

Fully diluted: 228,579,152

Market Cap (millions): $8 M

Approx. Insider Holdings: 11%


Italy- Grosseto
Italy – World-class mine district :
Former world-class mine district, 577 mines still
producing industrial materials and 38 geothermal
power stations.
Italian project
Former Antimony and Antimony Trioxide producer: office
Major world antimony producing Manciano area,
Grosseto Province.

Excellent infrastructure
Good roads, potential location for processing plant,
deep-sea port of Civitvecchia (~50km), nearby
international airports, can work throughout year.


Current exploration work programme:

• Preparation for drilling of historic antimony resources and soil sampling,
mapping and IP work on new permits.


Antimony – Flame Retardant, 57%


Antimony – PET and Polyester, 14% and increasing


Antimony – Other uses
Solar panel

Ammunition

Lead acid battery +
Touchscreens and semi-
micro-capacitors
conductors

LED and OLED
screens

Ceramics and glass

Supply of Antimony

• Chinese production decreasing : 166,000 t (2008), down to
150,000 t (2010) - 50% from one company est. 5 years of
reserves
• Crustal abundance 200ppb, less than many so called rare earth
elements
• Estimated 13 yrs of global reserves left
• Export duties and quantitative limits imposed by China, Argentina,
Pakistan, Indonesia and Vietnam – and strategic stockpiling in
US for defence purposes
• Additional Chinese capacity purchased - Beaver Brook, Canada
and Anchor, Australia


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 a very high risk
category

The Antimony Business

• Antimony prices recently climbed
to over $14,000/t corrected to
$12,200/t ($5,53 per pound)

• Forecast to rise with increasing
supply constraints. Roskill
estimates up to $14,000/t by
2016 Sb price (sources: metal-pages.com)

14
TSXV: ADT • FSE: A7V

Antimony compared to other strategic metals


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
• Selvena 382 hectares
• Catabbio 926 hectares
• Valle Lupara 388 hectares
• Total hectares 3,835 hectares


Former Producing Permits
• Located in 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


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
2013.

2. We plan to increase this to at least 100,000 tonnes of mineable
antimony (Sb) resources in 43-101 resource calculations for a 10 year
mine life


Soil Sampling Interpretation

High grade,
historic
resource, 1.58%

High grade soil,
1 -2%, Sb

Med. grade soil,
0.5 – 1%, Sb

High Grade, old
mine, 10.9%, Sb


Three new permits : Selvena, Catabbio, Valle Lupara


Outline Drilling Plan - Resource Calculation and Discovery


Poggio Pietricci and Faggio Scritto - other metals
1989 - Anglo/AGIP Drill Programme, 28 holes were drilled with 26 holes
returning Au values. Hole H intercepted 22.5 meters of 18.56 g/t from
the surface. Including - 34.89 g/t over 7.8 meters from surface plus a
high grade "sweetener" at 15.7 meters of 98.96 g/t over 1.75 meters.

1997/8 - NEBEX Exploration Programme,16 AGIP holes were sampled
with 0.4g/t Au + analysis only considered, this produced 78 sample
grading between 0.4 to 9.5 g/t Au.

2006 - Adroit Confirmatory Drill Programme. 3 holes confirmed the
presence of Au. The best results were obtained from PP004, where the
overall mineralized envelope extends from surface to a depth of 44.4m.
Au grade averages in that interval 0.4g/t, Ag averages 18g/t. The
broader mineralized envelope includes a 4.7m interval (29.9-34.6m)
yielding 1.24g/t Au and 35.6g/t Ag. The highest value of Au
encountered is 1.375g/t and covers an interval of 3.4m (31.2-34.6m).


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


South Timmins/Shining Tree Camp - Red Vein Property
ADT – Under-explored, the area has
144.32km2 been the focus of a number of
recent gold discoveries :

ADT – 17.76km2 SGX Resources (Edelston zone and
Sirola gold zones)

Xstrata Sothman Nickel Deposit

ADT - 199.36km2 VMS System discovery (Cu/Au or
Cu/Pb/Zn)

Little Pigeon Lake : NI 43-101,
Inferred McIntyre Type Deposit , on
Gold boulder poly-metallic vein (Cu/Au)
and Tittley
gold showing Mineral Mountain (Cook gold
zone); Creso (Tyranite extension,
Minto and Duggan gold
discoveries)

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%

Directors, Officers and Consultants
Graeme Rowland, Chairman/President (Brussels)

Dr Mark Fedikow, Director/VP Exploration (Winnipeg)

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)


Technical Management
Dr Mark Fedikow PhD P.Eng P.Geo C.P.G
Vice President Exploration

Grosseto Province Team:

RMN S.r.l. – Risorse dei Minerali Naturali SRL (Subsidiary of ADT Inc.)

Davide Franceschelli – RMN Manager, Geologist

Dr. Geol. Gabriele Canzonettii of GAMMA GEOSERVIZI s.r.l. - Works Director

Karolina Cienkuszewska – Management administrator

Dr.ssa Daniela Vignali of Oikos Engineering s.r.l. - Environmental Engineering
Advisor

Building the Italian antimony industry

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