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

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LOCATION Y E N I P A Z A R

TURKEY IS EMERGING AS A MAJOR MINING AREA

YENIPAZAR Ankara

Istanbul

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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  

§  Europe’s  leading  gold  producer  §  Upgraded  to  Ba1  by  Moody’s  (June  20)  

§  Significant  improvement  in  public  finances  §  Government  incenQves  to  boost  investment  

§  Western  mining  code  

Y E N I P A Z A R

10TH LARGEST ECONOMY BY 2023

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OUR CORE FOCUS

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

*  Geological  Survey  of  Canada  

Y E N I P A Z A R

WELL-DEFINED WITH UPSIDE POTENTIAL

PERCENTILE BY SIZE*

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90th

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

NEW OUTCROPS

1.7 km DEPOSIT

EGLENCE VILLAGE

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SITE PLAN

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UPDATED RESOURCE ESTIMATE*

•  Growth based on Resource Estimate Published with Preliminary Economic Assessment in Dec. 20 2010.

•  See press release dated June 13, 2012 for full details and cautionary language.

Y E N I P A Z A R

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

Indicated   26,684,000   1.04   31.3   0.30   1.04   1.40  

Inferred   1,159,000   0.48   27.7   0.22   1.00   1.95  

43-101 RESOURCE ESTIMATE - JUNE 2012

§  Indicated  category  resources  increased  9.9%  §  Inferred  category  resources  increased  432%  

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Contained Metal*

*See June 13, 2012 press release for full details and cautionary language.

Y E N I P A Z A R

CATEGORY  GOLD      (M  OZ)  

   

SILVER    (M    OZ)  

 

COPPER  (M  LBS)  

 

LEAD    (M  LBS)  

 

ZINC        (M  LBS)  

 

GOLD  EQUIVALENT  

(M  OZ)  

Indicated   0.89   26.85   176.5   611.8   823.6   2.62  

Inferred   0.02   1.03   5.6   25.6   49.8   0.09  

43-101 RESOURCE ESTIMATE - JUNE 2012

§  Gold  equivalent  grade  is  3.05  g/t  (Indicated)  

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INCREASING RECOVERIES

§  Metallurgical  tesQng  completed  by  G&T  

§  SGS  UK  now  responsible  for  all  metallurgical  tesQng  

§  Gravity  concentraQon  prior  to  flotaQon  produces  higher  recoveries  

HIGH GRADES & RECOVERIES GENERATE MORE CASH FLOW

NEW AU RECOVERY RATE

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92%

IMPROVING RATE OF RECOVERIES*

* Improved rates based compared to Preliminary Economic Assessment published in Dec. 20 2010. See June 13, 2012 press release for full details and cautionary language.

Y E N I P A Z A R

METAL   TOTAL  RECOVERY  

GOLD  GRAVITY  CONCENTRATE  

COPPER  CONCENTRATE  

LEAD  CONCENTRATE  

ZINC  CONCENTRATE  

Au   92%   65%   20%   5%   2%  

Ag   90%   10%   10%   65%   5%  

Cu   75%   75%  

Pb   75%   75%  

Zn   77%   77%  

BASED ON 43-101 RESOURCE ESTIMATE - JUNE 2012 NEW FLOWSHEET IN DEVELOPMENT

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DEVELOPING VALUE

2010*   2012   %  Increase  

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

Gold  Recoveries   36.8%   92%**   150%  

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. **Based on metallurgical testing carried out by SGS UK. See June 13, 2012 press release.

PROGRESS BY ORDERS OF MAGNITUDE

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IMPACT OF PROGRESS

GENERATES HIGHER CASH FLOW

INCREASE IN MINE THROUGHPUT

INCREASE IN GOLD RECOVERIES

AVG INCREASE IN AU AND AG PRICES

+150%

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+32% +44%

§  Improve grade §  Expand resource base

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•  Improve  the  Grade  •  Expand  the  Resource  

§  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

HIGHER GOLD GRADE

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49%

EXPANDING RESOURCE

§  Three  new  mineralized  outcrops  idenQfied  

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

PROVIDES BLUE SKY POTENTIAL

FROM MAIN MINERAL ZONE

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<2km

STRATEGIC LOCAL PARTNER

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

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

ACCELERATES PATH TO DEVELOPMENT STAGE

OWNERSHIP OF ALDRIDGE

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30%

EXPERIENCED BOARD & MANAGEMENT

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

MANAGEMENT  §  Mario  Caron,    

President  &  CEO  &  Director  §  Dr.  MarQn  Oczlon,    

VP  Explora6on  &  Director  §  Robbert  Borst,    

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

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CAPITAL STRUCTURE*

CLEAN CAPITAL STRUCTURE AND STRONG BALANCE SHEET

Shares  Outstanding:    53.1  million  Fully  diluted:    62.4  million  Director/Insider  ownership:    ~36%  52  week  range:    $0.42  -­‐  $1.32  Recent  price:    $0.50  Market  Cap:    $26.6  million  Top  insQtuQonal  holders:    US  Global,  Colonial,  Libra,      

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

   Union  SecuriQes  

* As at June 2012

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PROJECT CONSULTANTS §  Jacobs  Minerals  Canada    

§  Overseeing  &  coordinaQng  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,  compleQng  hydrological  test  work  

WORKING TOWARDS FEASIBILITY STUDY

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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  

ExploraQon  Drilling  (DiscreQonary)  

Resource  EsQmate  

UPCOMING CATALYSTS

FULLY FUNDED TO FEASIBILITY STUDY

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INVESTMENT SUMMARY

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

§  Catalysts  for  value  creaQon  PROGRESS BY ORDERS OF MAGNITUDE

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ROBUST ECONOMICS*

§  Net  Present  Value  $209  Million  §  Internal  rate  of  return  23.2%  §  Discount  rate  7%  §  Strip  raQo**  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.  **    Includes  pre-­‐stripping  

Y E N I P A Z A R

BASE CASE SCENARIO (PEA) – DECEMBER 2010

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OUTLINE OF THE PROCESS FLOWSHEET

Crushing   Tail  

Grinding  and  ClassificaQon  

GRG  Circuit   FlotaQon  

Cu  FlotaQon  

Pb  FlotaQon  

Zn  FlotaQon  

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

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

Pre-­‐Gravity  ConcentraQon  

•  Recovers  liberated    gold  parQcles    

•  Produces    Gold  Doré

Gold  Leaching  

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                Market  Adj  Mkt       Resource       AMC  /  Resource  Company   LocaYon   Project  Name   Ticker   Cap   Cap       M&I   M,I&I       M&I   M,I&I                   ($M)   ($M)        (M  oz)      (M  oz)         ($/oz)   ($/oz)  

Ampella  Mining  Limited   Burkina  Faso  BaQe  West   ASX:AMX   $169   $152        1.5      3.1         $102   $50  Aureus  Mining  Inc.   West  Africa   New  Liberty   TSX:AUE   $101   $77        0.8      1.5         $102   $51  Avion  Gold  CorporaQon   West  Africa   Segala   TSX:AVR   $239   $241        0.2      2.2         nmf   $112  Azumah  Resources  Ltd   Ghana   Wa   ASX:AZM   $65   $47        1.0      1.7         $46   $28  Chesser  Resources  Limited   Turkey   Kestanelik   ASX:CHZ   $46   $42        -­‐          0.5         -­‐   $84  Dalradian  Resources     N.  Ireland   Curraghinalt   TSX:DNA   $89   $53        0.5      2.7         $113   $20  Eastmain  Resources  Inc.     Quebec   Clearwater   TSX:ER   $81   $69        0.9      1.9         $77   $36  Eco  Oro  Minerals  Corp   Colombia   Angostura   TSX:EOM   $170   $130        1.4      4.8         $90   $27  Gryphon  Minerals  Ltd.   West  Africa   Banfora   ASX:GRY   $261   $178        -­‐          2.0         -­‐   $89  Guyana  Goldfields  Inc.   Guyana   Aurora   TSX:GUY   $216   $185        5.7      6.9         $32   $27  Klondex  Mines  Ltd.   Nevada   Fire  Creek   TSX:KDX   $80   $77        1.6      2.1         $47   $36  Midas  Gold  Corp.   Idaho   Golden  Meadows  TSX:MAX   $383   $326        2.1      5.8         $157   $56  Noble  Mineral  Resources  Ltd.  Ghana   Bibiani   ASX:NMG   $162   $195        0.6      2.0         $333   $98  Northern  Gold  Mining  Inc.   Ontario   Garrison   TSXV:NGM   $35   $29        0.8      1.5         $37   $20  Oromin  ExploraQons  Ltd.   Senegal   Sabodala   TSX:OLE   $89   $85        1.4      1.6         $59   $52  PMI  Gold  CorporaQon   Ghana   Obatan   TSXV:PMV   $225   $183        3.5      4.9         $53   $38  Premier  Gold  Mines   Ontario   Red  Lake   TSX:PG   $650   $581        2.5      3.6         $232   $161  Prodigy  Gold  Inc.   Ontario   Magino   TSXV:PDG   $179   $120        2.2      3.9         $55   $31  Queenston  Mining  Inc.     Ontario   Kirkland  Lake   TSX:QMI   $330   $254        1.5      3.5         $173   $72  Rainy  River  Resources  Ltd.   Ontario   Rainy  River   TSX:RR   $371   $280        5.7      8.0         $49   $35  Romarco  Minerals  Inc.   Haile   South  Carolina   TSX:R   $351   $251        1.1      4.2         $228   $60  

Average   $204   $169       1.7   3.3       $110   $56  

Aldridge  Minerals  (Au  only)   Turkey   Yenipazar   TSXV:AGM   $22   $12        0.9      0.9         $14   $14  Aldridge  Minerals  (AuEq)   Turkey   Yenipazar   TSXV:AGM   $22   $12        2.6      2.7         $5   $5  

COMPARABLES

Source:  Clarus  SecuriQes,  company  filings.  Stated  as  at  June  13,  2012.    

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LONGITUDINAL SECTION

Large fault zone. Mineralizationre-appears on surface700 m NE (into plane of view)

SIMPLIFIED LONGITUDINAL SECTION OF THE YENIPAZAR Au-Ag-Cu-Pb-ZnMETAMORPHOSED VMS-DEPOSIT, CENTRAL TURKEY

N S

Neogene cover - Marly clay, occasionally sandy. Calcrete layer on top.Well mineralized zone. Subeconomic background mineralization extends around and between these zonesSchist halo (meta-sediments/tuffites)Gneiss (intermediate to acidic meta-volcanics) - intercalating schist probably due to low-angle thrustingBoundary of oxide zone

1150 m

1050 m

950 m

850 m0 m 200 m 400 m 600 m 800 m 1000 m 1200 m 1400 m 1600 m 1800 m 2000 m

YPD-40

YPD-8

YPD-9

YPD-22

YPD-11YPD-31

YPD-16

YP-188

ES-2

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AGREEMENT WITH ALACER

§  Agreement  with  Alacer  Gold  to  earn    100  %  interest  

§  Remaining  deliverable  is  the  DefiniQve  Feasibility  Study  by  December  2012  

§  Alacer  retains  6  %  net  proceeds  interest  (revenue  minus  operaQonal  cost)  unQl  a  total  revenue  of  US$  165M,  10%  thereaser  

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MORE INFORMATION

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

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FORWARD-LOOKING STATEMENTS

§  Certain   statements   contained   in   this   presentaQon   regarding   the   company   and   its  acQviQes   consQtute   “forward-­‐looking   statements”.   All   statements   that   are   not  historical   facts,   including   without   limitaQon   statements   regarding   future   esQmates,  plans,   objecQves,   assumpQons  or   expectaQons  of   future  performance  are   “forward-­‐looking  statements“.  We  cauQon  you  that  such  “forward-­‐looking  statements”  involve  known  and  unknown  risks  and  uncertainQes  that  could  cause  actual  results  and  future  events  to  differ  materially  from  those  anQcipated  in  such  statements.  Such  risks  and  uncertainQes  include  fluctuaQons  in  metal  prices,  unpredictable  results  of  exploraQon,  uncertainQes   inherent   in   the   esQmaQon   of   mineral   resources   and   reserves,  fluctuaQons  in  the  costs  of  goods  and  services,  problems  associated  with  exploraQon  and   mining   operaQons,   changes   in   legal,   social   or   poliQcal   condiQons   in   the  jurisdicQons  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.  PotenQal   investors   should  conduct   their  own   invesQgaQon  as   to   the  suitability  of  invesQng  in  securiQes  of  the  company.    

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

§  We  seek  Safe  Harbour.  

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