1. AGM-­‐V
ALDRIDGE MINERALS AGM-V www.aldridgeminerals.ca
January 5, 2012

2. 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

3. Directors & Management AGM-­‐V
Mario Caron, CEO & Director
Joined Aldridge Nov 2011. Mario is a mining executive 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 & Director
Joined board Feb 2010 & became President April 28th 2010. Former
Partner and base metal analyst at Paradigm Capital in Toronto
Barry Hildred Chairman & Director
Joined board April 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

4. Directors & Management AGM-­‐V
Jim O’Neill, CFO
Joined Aldridge June 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

5. Market Highlights (as of Dec 30, 2011) AGM-­‐V
Symbol Canada TSX-V: AGM Analyst coverage
Frankfurt: AIW
Clarus Securities Inc.
Shares outstanding 37.1 million
Mackie Research Capital Corporation
Directors & Insiders about 15 %
Shares fully diluted 51.7 million 4.8 m options @
avg. strike of $1.37, 9.8 m
warrants @ avg. strike of $1.71)
(Exercising all options and
warrants brings in C$23.4m)
52 week high / low C$ 2.24 / $0.65
Recent price C$ 0.70
Market cap C$ 26 million
Cash C$ 8.45 million (Aug 31, 2011)
Top institutional RBIM, Colonial First State, US
shareholders Global, Libra, Excalibur, Sprott,
JVAR and Creststreet 5

6. Yenipazar - Location Map AGM-­‐V
AGM – Yenipazar
Au-Ag-Cu-Pb-Zn Project
6

7. Turkey: A Great Place for Mining AGM-­‐V
Fantastic Growth GDP second only to China at 9.0%. Worlds 17th 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

8. 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

9. Accomplishments in 2010 AGM-­‐V
Raised C$5m in a private placement attracting the first institutional investors in
Aldridge (Jan - $1.00 unit with full warrant for two years at $1.50)
Restructured the board and management – 5 Directors out, 5 Directors in –
all new directors based in Toronto and have significant knowledge and experience
in Canadian capital markets
Revised our earn-in agreement with Alacer on Yenipazar
Gained analyst coverage from Mackie Research and Clarus Securities, both
with target prices over 4x our current share price
Completed infill drilling and collected metallurgical samples
Completed 43-101 compliant PEA in December (commenced in mid July)
Relocated our corporate offices to Toronto from Vancouver
Hired IR groups Equicom and Profinnotiv for NA and Europe respectively
9

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 90th 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, especially to the
north of the deposit
10

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 Typical VMS Mining Camps
predominantly for farming (Source: Geological Survey of Canada)
Local support — Near-by village with pro-
mining 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 11

12. Scoping Study Highlights AGM-­‐V
(P&E Mining, February 2011)
Base Case NPV US$209m & IRR of 23.2% at 7% discount rate
• At 10% discount rate, NPV US$151m or $4.07per basic share, $2.92 a
share fully diluted
• Base case uses 3-year trailing average metal prices and 4.5:1 strip including
pre-strip and capex of US$198m for a 12 year mine life assuming 5,700 tpd mill
(2m tpa)
• Average payable production of 23,700 oz Au, 1.1m oz Ag, 10m lbs Cu, 37m
lbs Pb, 37m lbs Zn from diluted average grades of 1.02 g/t Au, 31.6 g/t Ag,
0.29% Cu, 1.1% Pb, 1.4% Zn
• Zn conc grades 55%, Pb conc grades 55% & 1025 g/t Ag, Cu conc grades
23% with 20 g/t gold & 337 g/t Ag
• Project payback in 3.9 years. LOM average NSR US$57.27/t, LOM average
total operating cost $29.65/t
• At current metal prices (11/07/11) NPV of US$532m at 7% discount rate (NPV
of US$431m at 10% discount rate) and IRR of 44%
• *pre-tax numbers 12

13. Scoping Study Lowlights AGM-­‐V
Base case used results of ONE locked cycle flotation test
• Recoveries: Zn 59%, Pb 78%, Cu 77% - well below average for Zn – need to
be improved – Proper floatation study to be completed soon
• Recoveries: Au 37%, Ag 57% - we expect to significantly improve on both of
these
• A doubling of gold recoveries would double the base case NPV (i.e. US
$302m at 10% or $8.14 / basic share)
• A 10% increase in recoveries of each of the 5 metals would result in a
52% increase in our base case NPV
• Assumed smelter payability of Au and Ag in the Cu conc were only 90% and
80%; should get 95% for both
• Assumed payability of Ag in the Pb conc was only 85%; should get 90% - 95%
13

14. Targeted Metallurgical Recoveries AGM-­‐V
& Production
Revenue by Metal
PEA
Recoveries
and
Production
Au
(oz) Ag
(oz) Cu
(lbs) Pb
(lbs) Zn
(lbs) Au
(oz)
Zn
(lbs)
Pricing
Assumptions
(3
Yr
Trailing
as
at
12/10/10) $1,007 $16.19 $2.95 $0.90 $0.86 18%
23%
Estimated
Recoveries
(PEA) 36.8% 56.9% 76.6% 77.8% 58.8%
Ag
(oz)
Avg
Payable
Prod 23,700 1,100,000 10,000,000 37,000,000
37,000,000 13%
10%
D i s count
R t. 7%
D i s count
R t. IRR Pb
(lbs)
NPV
(US$m) $151 $209 23.2% 24% Cu
(lbs)
Share
Price
(Basic) $4.07 $5.63 22%
Share
Price
(FD) $2.92 $4.04
Targeted
Potential
Recoveries
Au
(oz) Ag
(oz) Cu
(lbs) Pb
(lbs) Zn
(lbs)
Pricing
Assumptions
(3
Yr
Trailing
as
at
12/10/10) $1,007 $16.19 $2.95 $0.90 $0.86 Zn
(lbs)
20% Au
(oz)
Estimated
Recoveries
(Targeted) 70.0% 66.9% 76.6% 77.8% 65.5% 28%
Avg
Payable
Prod 49,000 1,670,000 9,742,000 36,838,000
40,609,000
10%
D i s count
R t. 7%
D i s count
R t. IRR Pb
(lbs)
NPV
(US$m) $381 $475 39.8% 19%
Ag
(oz)
Share
Price
(Basic) $10.27 $12.80 16%
Cu
(lbs)
Share
Price
(FD) $7.37 $9.19 17%
Potential
Recoveries
at
Spot
Prices
Au
(oz) Ag
(oz) Cu
(lbs) Pb
(lbs) Zn
(lbs)
Pricing
Assumptions
(Spot
as
at
11/7/11) $1,792 $35.00 $3.55 $0.90 $0.89 Zn
(lbs)
15%
Estimated
Recoveries
(Targeted) 70.0% 66.9% 76.6% 77.8% 65.5% Au
(oz)
Avg
Payable
Prod 49,000 1,670,000 9,742,000 36,838,000
40,609,000 Pb
(lbs) 35%
13%
10%
D i s count
R t. 7%
D i s count
R t. IRR
NPV
(US$m) $850 $1,017 70.1% Cu
(lbs)
Share
Price
(Basic) $22.91 $27.41 14%
Ag
(oz)
Share
Price
(FD) $16.44 $19.67 14
23%

15. Recent Metallurgical Improvements AGM-­‐V
Based on work done by G&T Metallurgical (Released Dec 1, 2011)
• Improvement in TOTAL Au recovery to 76% (approx. 47% recovered to a Au
gravity Pan concentrate, 24% recovered to Cu conc., 5% recovered to Pb conc.)
• Cu conc. graded 19.6% at recovery of 72% and contained 30.3 g/t Au (recovery
of 24%) and 482 g/t Ag (recovery of 15%)
• Pb conc. graded 64.3% at a total recovery of 51% and contained 1111 g/t Ag
(45% recovery) and 4.7 g/t Au (5% recovery)
• Zn conc. graded 57.7% at a recovery of 77%
• OPPORTUNITY OF IMPROVEMENT: in this latest round of testing, 28% of our
total Au and 20% of our total Ag ended up in the Cu cleaner tailings. We will
examine ways to get more of this lost Au and Ag to remain in the Cu conc., and
also test to determine if we can leach these tails to recover more gold and silver.
We ll also look to improve the Pb recovery by examining operating mines with
similar grades and mineralogy (such as Oz Minerals Rosebery Mine in Tasmania).
15

16. Yenipazar Property & Drill Hole Sites AGM-­‐V
Exploration Drilling
16

17. High-grade Intersections AGM-­‐V
Hole-No Interval (m) Thick-ness Au g/t Ag g/t Cu % Pb % Zn %
YP-149 92 126 34 m 5.78 93.4 1.11 2.72 3.90
YP-151 58 70 12 m 3.62 52.0 1.03 0.52 2.76
YP-151 74 100 26 m 6.35 52.5 1.62 1.18 2.79
YP-156 42 90 48 m 3.93 16.7 1.09 0.30 0.30
YP-156* 110 150 22 m* 0.46 26.9 0.15 0.81 1.39
YP-264 52 100 48 m 4.72 66.2 0.96 4.22 7.65
YP-282 82 114 32 m 2.93 82.1 0.97 3.10 4.84
*Cumulative thickness of 4 levels in 110-150 m interval 17

18. Recent Yenipazar Drilling News AGM-­‐V
Pairs of RC and
duplicated diamond
holes, 5 m apart
* YPD-1 includes
112-114 m (61 g/t Au),
122-124 m (20.15 g/t Au),
124-126 m (12.5 g /t Au).
Capped at 10 g/t Au, the
average grade for the
diamond drilled interval
of 62-130 meters is 2.05
g/t Au
18

19. Yenipazar Mineralization AGM-­‐V
Large mineral grains
at Yenipazar allow for gravitational pre-enrichment 19

20. Favourable Terrain AGM-­‐V
Shallow topography
is ideal for open pit construction 20

21. Feasibility Study - Consultants AGM-­‐V
Jacobs Minerals Canada – part of Jacobs Engineering Group Inc (NYSE: JEC), one of the
world’s largest & most diverse providers of technical, professional & construction services -
$10B market cap. Overseeing & co-ordinating feasibility study.
P&E Mining – established geological & mine engineering consulting firm specializing in NI
43-101 geological reports, resource estimate technical reports, preliminary economic
analysis and pre-feasibility studies. Commissioned to do resource update and mine design.
Golder Associates – founded in 1960, a global company providing consulting, design, &
construction services to clients in Mining, Oil & Gas, Manufacturing, Power, Transportation
& more. Responsible for geotechnical studies.
SGS UK – global leader & innovator in inspection, verification, testing & certification
services. Responsible for Metallurgical test work.
SRK Turkey – formed in 1974, with 1000+ professionals employed internationally,
specializes in design & management of mineral exploration programs. Experienced in
preparing technical reports admissible for stock exchange purposes, mineral exploration
project audits and in the valuation of exploration projects. Recent projects in Africa, South
America, the Middle East, Asia and Europe. Preparing ESIA Study.
21

22. Future Milestones for Aldridge AGM-­‐V
Complete feasibility study at Yenipazar – Began in May 2011, targeting
November 2012
Complete drilling and conduct geophysics at the 3 new outcrops north of
Yenipazar – program to finish in late December
Release drill results from our PNG exploration discovery as well as our recent
exploration drilling at Yenipazar – expected mid December
Complete an AIF – draft complete, working towards final document
Complete a financing to secure funding for all our planned 2012 expenditures of
approximatley C$10m
22

23. Aldridge PNG – The Kili Teke Discovery AGM-­‐V
Acquired a 338 sq. km license awarded in Feb 2009. Received 3 requests from
majors to JV the property before any results published
Collected 80 rock samples and 350 soil samples
Discovered a very large Cu-Au porphyry & skarn system named Kili Teke
• Two rock samples grading between 23% - 35% Cu with an average of 60 g/t Au
and 238 g/t Ag;
• Thirteen samples grading from 1.0% - 12.9% Cu with an average of 0.44 g/t Au
and 3.8 g/t Ag;
• 28 samples grading from 0.3% - 1.0% Cu with an average of 0.39 g/t Au and 3.8
g/t Ag. Also had one sample grade 9.1% zinc
23

24. Aldridge PNG License Area AGM-­‐V
ALDRIDGE MINERALS INC
Exploration License_2009-2-18
Base image source: PNG Mineral Resources Authority, Info-DVD distributed on PDAC 2009-3, Toronto 24

25. Au in Soil Samples at Kili Teke AGM-­‐V
25

26. Cu in Soil Samples at Kili Teke AGM-­‐V
26

27. Cu in Soil Samples at Kili Teke with Ok AGM-­‐V
Tedi Pit Overlain for Scale
27

28. Timeline – Advancing Ahead AGM-­‐V
28

29. AGM-­‐V
ALDRIDGE MINERALS AGM-V www.aldridgeminerals.ca

30. Directors & Management AGM-­‐V
Mario Caron, CEO & Director
Joined Aldridge Nov 2011. Mario is a mining executive 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. He holds a Bachelor of Engineering degree
in Mining from McGill University and is a member of the Quebec Order of
Engineers and the Association of Professional Engineers of Ontario.
Jacob Willoughby, President & Director
Jacob is a geologist with a Masters in Business Administration from the University
of Windsor and became president of Aldridge in April 2010. He joined the board
in February 2010. He was previously a partner and mining analyst at Paradigm
Capital in Toronto, a highly ranked investment firm with a specialization in
mining finance, where he worked for five years until choosing to leave in March
2009. He is also a director of Foxpoint Capital Corp.
30

31. Directors & Management AGM-­‐V
Barry Hildred, Chairman
Barry founded The Equicom Group in 1995 and remained its President until
October of 2009. In 2007, Equicom was acquired by the TSX Group. Mr.
Hildred also serves on the Board of the Children's Aid Foundation and is a
past member of the Ontario Securities Commissions' Continuous Disclosure
Advisory Committee.
Dr. Martin Oczlon, VP Exploration & Director
Dr Oczlon spent seven years during the 1990 s with BHP as senior exploration
geologist in SW Asia and SE Europe. He drilled the discovery holes for the
Reqo Diq Cu-Au porphyries in Pakistan, now with 21 Mt Cu + 37 Moz Au. From
1999-2002, he developed a private exploration company with a large project in
Romania and sold it at a 200% profit. Aldridge Director since 2003, responsible
for project acquisition, exploration and development
31

32. Directors & Management AGM-­‐V
John F. Cook, Director
Mr. Cook is a mining engineer with 45+ years of experience including
development of open-pit & underground mines, exploration, operations,
management, & feasibility studies. He was most recently President & CEO of
San Anton Resource Corp. & is currently a director of Strategic Resources
Inc., MBMI Resources Inc., Southern Andes Energy Inc. & Cerro Resources
Inc.. He was Chairman of Wolfden Resources Inc. until its purchase by Zinifex
Ltd in June 2007, and was Chairman of Premier Gold Mines Limited until
2010. Mr. Cook is a graduate of Sheffield University in mining engineering.
Daniella Dimitrov, Director
Ms. Dimitrov has over 16 years of broad commercial and operational experience in
senior executive roles with major companies. She has held principal roles in
mergers, acquisitions, financings, corporate finance and joint ventures. Ms.
Dimitrov s former positions include Senior VP, Strategic Initiatives of Raymond
James Ltd., COO of Dundee Securities and Dundee Private Investors, General
Counsel for the Dundee group of companies and counsel at a national law firm.
She is also a director and vice chair of Baffinland Iron Mines.
32

33. Directors & Management AGM-­‐V
Ed Guimaraes, Director
Ed is a CA who held progressive management positions with Aur Resources
between 1995 and 2007, ultimately serving as Executive Vice-President,
Finance and Chief Financial Officer of Aur until December 2007. Aur was
acquired by Teck Resources Limited in a takeover valued at $4.1 billion in
August 2007. Mr. Guimaraes has worked as a consultant in the resources
industry since that time and is currently a director of Nuinsco Resources
Limited. Mr. Guimaraes holds a Bachelor of Arts in Administrative and
Commercial Studies from the University of Western Ontario.
Jim O’Neill, CFO
Mr. O'Neill, a Chartered Accountant with over 25 years of industry experience,
brings a depth of knowledge from various international mining, project
management and distribution companies. Formerly CFO of Royal Coal Corp.,
and VP Corporate Controller & Investor Relations at Tiomin Resources. Prior
to Tiomin, I held CFO positions with a publicly-traded multi-national
engineering firm and a private business products manufacturer and distributor.
33