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RARE EARTHS, SPECIALITY
& STRATEGIC METALS
INVESTMENT SUMMIT
       Antimony
       James Cross –Director, Adroit Resources




 IRONMONGERS’ HALL, CITY OF LONDON ● THURSDAY, 17 MAR 2011
 www.ObjectiveCapitalConferences.com
TSXV: ADT • FSE: A7V




Exploring Mining
Properties Worldwide




CONFIDENTIAL
Historic Antimony (Sb) Resources
Your Ace in the Hole
Strategic Plan                             March 2011
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.
What is Antimony (Sb)?
• Antimony is recognised as a strategic metal.
• It is used as a flame retardant in children’s clothes, toys, specialty clothing, plastic
  bottles, plastics, auto and aircraft seat covers, sofas, cushions, fluffy furniture.
• It is used as an alloying element in batteries, ammunition, cable sheaths, pumps and
  pipes.
• It is also used as a clarifying element in glass bottles and optical products.
• It has the unique property of expanding when cooled.
• Substitution has proved largely unsuccessful (0.64% according to EC report 07/2010)
Supply and Demand Picture
•   Increasing Uses
•   Decreasing Global Production
•   91% of Global Production is Chinese
•   50+% of Production is one Company
•   Are They Running Out?
•   Are They Cornering the Market?
•   Fear of Lack of Supply
•   Governments are Waking Up
The Antimony Business

• Antimony prices have recently climbed higher to over
  $14,000/MT.
• The price of antimony generally rose during 2010. It started
  the year at about $1.93 per pound and finished December at
  about $5.54 per pound.
• Chinese government is not allowing any
  new antimony mining permits until at
  least June 2011 due to rapidly depleting
  resources.
• Chinese
  companies      have
  been         buying
  additional antimony                              Evolution of Sb price
  mining      capacity                       sources: Bloomberg & MinorMetals
  abroad.
The Antimony Business
• There are no producing sources of antimony in the EU and the
  commission has identified it as a critical raw material in short
  supply (EC Report - July 2010 - Critical raw materials for the
  EU)
• There is only one producing antimony mine in all of North
  America (Chinese owned!)
• Italy’s government recently called for an end to the EU tariff on
  antimony imports because their industries were having trouble
  procuring any supply.
• Without a producing antimony mine, Italy, and the EU are in a
  very vulnerable position.
Who else does Antimony…
•   EC and USGS reports dated 2010 give us the following information:
Raw Material          Main producing         Main EU Import        Import
                      country                sources               dependence (2010)
Antimony              2009                   2007                  EU 100%
                      China 91%              Bolivia 77%           USA 100%
                      Bolivia 2%             China 15%
                      Russia 2%              Peru 6%


Country                            Mine Production               Reserves
                                   2008      2009
Bolivia                            3,500     4,500                 310,000
China                           180,000    170,000                 790,000
Russia                             3,500     3,000                 350,000
South Africa                       2,800     3,000                  44,000
Tajikistan                         2,000     2,000                  50,000
Other countries                    5,000     4,000                 150,000
    World total (rounded)       197,000    187,000               1,700,000
ADT & Antimony in Italy
Objective: To show 100,000 MT of
     mineable Antimony resources in
     43-101 resource calculations and
     have a 10 year mine life
How will we do it?
1.   Current historic resources are
     nearly 50,000 MT of contained
     metal (not ore).
2.   We will continue exploration on
     open antimony deposits on
     currently held properties.
3.   We will expand our antimony
     resources by acquiring other
     properties known, or thought, to
     contain antimony resources.
ADT & Antimony in Italy
In Italy, Adroit Resources Inc. holds interests in the following properties:

•   I Monti with 273 hectares
•   Poggio Fogari with 439 hectares
•   I Salaioli with 366 hectares
•   Poggio Monticchio with 162 hectares
•   Faggio Scritto with 246 hectares
•   Poggio Pietricci with 653 hectares
The way forward
FOR ITALY

•   Management is pleased to report that field work resumed in
    November 2010 on its wholly owned antimony permits in Grosseto
    Province, Italy. The ongoing program comprises soil and rock
    sampling, ground geophysical surveying, geological mapping and
    drilling.

•   Drilling is planned to start in the Summer of 2011 with the objective of
    producing compliant resource calculations contained within the
    Company’s exploration permits.

                                                     News Release Jan 10
The Way Forward For Antimony
•   Build Italian Compliant Resources
•   Expand Italian Open Deposits
•   Acquire More Italian Antimony
•   Acquire More Antimony Elsewhere
•   Become Largest non-Chinese Holder
Outline Budget
Raising up to $3,500,000 ($1,300,000 already secured) for:

•   Commencing a 43-101 resource calculation on historic
    antimony resources in Italy.

•   Continue drilling our VMS discovery at Red Vein in the Shining
    Tree Camp of Ontario.
Adroit Resources Inc.
Capital Structure (FEB 11)

Issued                   97,970,049
Warrants                 40,806,922
Options                    9,475,000
Fully diluted            148,251,971



Outline Terms
Warrants:   5,013,962 at 60 cents by expiry about APR 11
            35,792,960 at 10 cents by expiry 2012 and 2013
Options:    2,050,000 at 20 cents by expiry MAY 11
            1,545,000 at 10 cents by expiry MAY 12
            2,380,000 at 10 cents by expiry MAY 14
            3,000,000 at 11 cents by expiry May 14
              500,000 at 25 cents by expiry May 14
Adroit Resources Inc.
Directors, Officers and Consultants


Graeme Rowland, Chairman/President                   (Brussels)
Sunil Joseph, Director                               (Toronto)
Dave Hutcheson, Director                             (Brussels)
James Cross, Director and VP Corporate Development   (Brussels)
Bill Jung, Chief Financial Officer                   (Vancouver)
Guy Franceschi, Economic Geologist Consultant        (Gent)
Dr. Mehmet Taner, Qualified person and Geologist     (Ottawa)
Frances Murphy, Company Secretary                    (Vancouver)
Terry King, Corporate Counsel                        (Vancouver)
Adroit Resources Inc.
Technical Management

Cobalt Team:

Stuart Hopkins – ADT Cobalt Manager , Geo Technician,
Two full time plus about 20 subcontractors
including local geos from time to time

Guy Franceschi – Management Geological Advisor ,
Economic Geologist

Qualified Person (QP) – Mehmet Taner, Eng. Ph. D.


Grosseto Province Team:

Subsidiary of ADT Inc.

RMN S.r.l. – Risorse dei Minerali Naturali

Davide Franceschelli – RMN Manager, Geologist and Local work director

Karolina Cienkuszewska – Management administrator

Subcontractors from time to time (2 geos and 2 helpers at the moment)

Qualified Person (QP) – Guy Franceschi, Economic Geologist

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Antimony

  • 1. RARE EARTHS, SPECIALITY & STRATEGIC METALS INVESTMENT SUMMIT Antimony James Cross –Director, Adroit Resources IRONMONGERS’ HALL, CITY OF LONDON ● THURSDAY, 17 MAR 2011 www.ObjectiveCapitalConferences.com
  • 2. TSXV: ADT • FSE: A7V Exploring Mining Properties Worldwide CONFIDENTIAL Historic Antimony (Sb) Resources Your Ace in the Hole Strategic Plan March 2011
  • 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.
  • 4. What is Antimony (Sb)? • Antimony is recognised as a strategic metal. • It is used as a flame retardant in children’s clothes, toys, specialty clothing, plastic bottles, plastics, auto and aircraft seat covers, sofas, cushions, fluffy furniture. • It is used as an alloying element in batteries, ammunition, cable sheaths, pumps and pipes. • It is also used as a clarifying element in glass bottles and optical products. • It has the unique property of expanding when cooled. • Substitution has proved largely unsuccessful (0.64% according to EC report 07/2010)
  • 5. Supply and Demand Picture • Increasing Uses • Decreasing Global Production • 91% of Global Production is Chinese • 50+% of Production is one Company • Are They Running Out? • Are They Cornering the Market? • Fear of Lack of Supply • Governments are Waking Up
  • 6. The Antimony Business • Antimony prices have recently climbed higher to over $14,000/MT. • The price of antimony generally rose during 2010. It started the year at about $1.93 per pound and finished December at about $5.54 per pound. • Chinese government is not allowing any new antimony mining permits until at least June 2011 due to rapidly depleting resources. • Chinese companies have been buying additional antimony Evolution of Sb price mining capacity sources: Bloomberg & MinorMetals abroad.
  • 7. The Antimony Business • There are no producing sources of antimony in the EU and the commission has identified it as a critical raw material in short supply (EC Report - July 2010 - Critical raw materials for the EU) • There is only one producing antimony mine in all of North America (Chinese owned!) • Italy’s government recently called for an end to the EU tariff on antimony imports because their industries were having trouble procuring any supply. • Without a producing antimony mine, Italy, and the EU are in a very vulnerable position.
  • 8. Who else does Antimony… • EC and USGS reports dated 2010 give us the following information: Raw Material Main producing Main EU Import Import country sources dependence (2010) Antimony 2009 2007 EU 100% China 91% Bolivia 77% USA 100% Bolivia 2% China 15% Russia 2% Peru 6% Country Mine Production Reserves 2008 2009 Bolivia 3,500 4,500 310,000 China 180,000 170,000 790,000 Russia 3,500 3,000 350,000 South Africa 2,800 3,000 44,000 Tajikistan 2,000 2,000 50,000 Other countries 5,000 4,000 150,000 World total (rounded) 197,000 187,000 1,700,000
  • 9. ADT & Antimony in Italy Objective: To show 100,000 MT of mineable Antimony resources in 43-101 resource calculations and have a 10 year mine life How will we do it? 1. Current historic resources are nearly 50,000 MT of contained metal (not ore). 2. We will continue exploration on open antimony deposits on currently held properties. 3. We will expand our antimony resources by acquiring other properties known, or thought, to contain antimony resources.
  • 10. ADT & Antimony in Italy In Italy, Adroit Resources Inc. holds interests in the following properties: • I Monti with 273 hectares • Poggio Fogari with 439 hectares • I Salaioli with 366 hectares • Poggio Monticchio with 162 hectares • Faggio Scritto with 246 hectares • Poggio Pietricci with 653 hectares
  • 11. The way forward FOR ITALY • Management is pleased to report that field work resumed in November 2010 on its wholly owned antimony permits in Grosseto Province, Italy. The ongoing program comprises soil and rock sampling, ground geophysical surveying, geological mapping and drilling. • Drilling is planned to start in the Summer of 2011 with the objective of producing compliant resource calculations contained within the Company’s exploration permits. News Release Jan 10
  • 12. The Way Forward For Antimony • Build Italian Compliant Resources • Expand Italian Open Deposits • Acquire More Italian Antimony • Acquire More Antimony Elsewhere • Become Largest non-Chinese Holder
  • 13. Outline Budget Raising up to $3,500,000 ($1,300,000 already secured) for: • Commencing a 43-101 resource calculation on historic antimony resources in Italy. • Continue drilling our VMS discovery at Red Vein in the Shining Tree Camp of Ontario.
  • 14. Adroit Resources Inc. Capital Structure (FEB 11) Issued 97,970,049 Warrants 40,806,922 Options 9,475,000 Fully diluted 148,251,971 Outline Terms Warrants: 5,013,962 at 60 cents by expiry about APR 11 35,792,960 at 10 cents by expiry 2012 and 2013 Options: 2,050,000 at 20 cents by expiry MAY 11 1,545,000 at 10 cents by expiry MAY 12 2,380,000 at 10 cents by expiry MAY 14 3,000,000 at 11 cents by expiry May 14 500,000 at 25 cents by expiry May 14
  • 15. Adroit Resources Inc. Directors, Officers and Consultants Graeme Rowland, Chairman/President (Brussels) Sunil Joseph, Director (Toronto) Dave Hutcheson, Director (Brussels) James Cross, Director and VP Corporate Development (Brussels) Bill Jung, Chief Financial Officer (Vancouver) Guy Franceschi, Economic Geologist Consultant (Gent) Dr. Mehmet Taner, Qualified person and Geologist (Ottawa) Frances Murphy, Company Secretary (Vancouver) Terry King, Corporate Counsel (Vancouver)
  • 16. Adroit Resources Inc. Technical Management Cobalt Team: Stuart Hopkins – ADT Cobalt Manager , Geo Technician, Two full time plus about 20 subcontractors including local geos from time to time Guy Franceschi – Management Geological Advisor , Economic Geologist Qualified Person (QP) – Mehmet Taner, Eng. Ph. D. Grosseto Province Team: Subsidiary of ADT Inc. RMN S.r.l. – Risorse dei Minerali Naturali Davide Franceschelli – RMN Manager, Geologist and Local work director Karolina Cienkuszewska – Management administrator Subcontractors from time to time (2 geos and 2 helpers at the moment) Qualified Person (QP) – Guy Franceschi, Economic Geologist