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ALDRIDGE MINERALS AGM-V www.aldridge-minerals.com

DISCLAIMER

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.

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Directors & Management

Jacob Willoughby — President and director. Joined board Feb 2010 and became president at last annual meeting April 28th 2010

Jean-Pierre Colin — Chairman. Director since Oct 2010, also a director of Premier Gold and Ursa Major Minerals

Dr. Martin Oczlon — CEO & Director. Founder & largest individual shareholder

Daniella Dimitrov — Director and legal advisor. Joined board Oct 2010. Currently vice chair of Baffinland Iron Mines

Mark Monaghan — Director. Joined board April 2010, also a director of UNX and Lara Exploration

Barry Hildred — Executive director. Joined board April 2010

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Market Highlights (as at Mar 17, 2011)

Symbol Canada TSX-V: AGMFrankfurt: AIW

Shares outstanding 37.1 million

Directors & Insiders about 15 %

Shares fully diluted 51.5 million (3.859m options @ avg. strike of $1.45, 10.535 m warrants @ avg. strike of $1.72)

52 week high / low C$ 2.25 / $0.52

Recent price C$ 1.10

Market cap C$ 40.8 million

Cash C$ 12.0 million

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Location Map5

Turkey: A Great Place for Mining

Politically stable, pro-mining, non-bureaucratic

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

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)

• AGM-V: Yenipazar (+25 Mt @ 1.1 g/t Au, 33.8 g/t Ag +Zn+Pb+Cu = $4.3 B)

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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.

In-ground metal value at current prices: Approximately US$4.3 billion.

NI 43-101-compliant resource estimate based on 370 drill holes in an optimized open pit shell (Feb 2011)

Yenipazar Open Pit Resources

 Million Tonnes

Au g/t

Ag g/t

Cu %

Pb %

Zn %

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

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Accomplishments in 2010

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 Anatolia on Yenipazar

Gained analyst coverage from Mackie Research and Clarus Securities, both with target prices nearly 2x our current share price

Completed infill drilling and collected metallurgical samples

Completed 43-101 complitant 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

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Yenipazar Key Parametres

Large land package — 100 km2 property that has seen very limited exploration, level and low-relief, open terrain used predominantly for farming

Local support — Near-by village with pro-mining work force and strong community support. Local unskilled labour rate is US$20/day – farmers earn less than that. AGM has been working in the area since 2004.

Agreement with Anatolia — to earn 100 % interest. Anatolia 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 Anatolia. The agreement remains valid without time limit, as long as Aldridge works diligently towards completing feasibility study.

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Project Details

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

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Scoping Study Highlights

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, $2.93 a share fully diluted. (Exercising all options and warrants brings in C$23.5m)

• Base cases 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 NPV over US$420m and IRR of over 43%

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Revenue by payable metal production12

Scoping Study Lowlights

Base case used results of ONE locked cycle floatation test

• Recoveries: Zn 59%, Pb 78%, Cu 77% - well below average for Zn – need to be improved – Proper floatation study to be completed soon (60 – 90 days)

• Recoveries: Au 37%, Ag 57% - both should be improved. Have three separate solutions to improve 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%

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Goals for 2011

Improve the recoveries of our metals

Discover new VMS bodies on our property surrounding Yenipazar

Hire on additional staff with experience overseeing polymetallic feasibility studies

Continue to add analyst research coverage

Significantly raise our profile among retail investors

Graduate to a TSX listing for the company (Initiated already)

Evaluate potential M & A opportunities and properties in Turkey

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Yenipazar Drilling

• Deposit open to north, where holes had to be abandoned before they could reach the orebody.

• A number of RC-holes (seen on map in yellow) are to be re-drilled with a diamond rig because the hole stopped in mineralization or presumably earlier. This could significantly add to our resources. To be completed during feasibility

• For resource determination:280 RC holes and 6 Diamond holes were used of the total database of 371 holes (364 RC + 9 Diamond)

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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

High-grade Intersections16

Recent Yenipazar Drilling News

Pairs of RC and duplicated diamond holes, 5 m apart.

* YPD-1 includes112-114 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.

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Yenipazar Mineralization

Large mineral grains at Yenipazar allow for gravitational pre-enrichment

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Shallow topography is ideal for open pit construction

Favourable Terrain19

Future Milestones for Aldridge

Complete the floatation study to improve recoveries and determine which smelters or off-takers to target with our concentrates – Mar / Apr

Restart drilling and conduct extensive geophysics at Yenipazar to upgrade resources and to discover new deposits – Results by mid year

Commence a feasibility study at Yenipazar – Mar / Requires 12 to 18 mo.

Restart our PNG exploration work including initial drilling – Mar / Would likely require 6 mo

Graduate to the TSX and complete an AIF

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Typical VMS Mining Camps (Source: Geological

Survey of Canada)21

Aldridge PNG

Recognized significant mineralization potential in one of the most prospective areas of PNG between Porgera and Ok Tedi.

Acquired a 338 sq. km license awarded in Feb 2009. Received 3 requests from majors to JV the property before any results published.

Identified two highly interesting mag anomalies similar to Porgera. AGM completed a 4 week mapping and sampling campaign that outlined a Cu-Au system within a 10 km alteration footprint, then followed up with further sampling.

Discovered a very large Cu-Au porphyry & skarn system informally called ‘MAG1’. The sampling results here were far above our expectations with two rock samples grading between 23% - 35% Cu with an average of 60 g/t Au and 238 g/t Ag; 13 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.

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Base image source: PNG Mineral Resources Authority, Info-DVD distributed on PDAC 2009-3, Toronto

Aldridge PNG License Area23

Au in Soil Samples at MAG124

Cu in Soil Samples at MAG125

Cu in Soil Samples at MAG1 with Ok Tedi Pit Overlain for Scale

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ALDRIDGE MINERALS AGM-V www.aldridge-minerals.com

Directors & Management

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.

Dr. Martin Oczlon, CEO & DirectorDr 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

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Directors & Management

Jean-Pierre Colin, Chairman

Mr. Colin began his career as an investment banker in 1980. Formally the Director & Head of Corporate Finance at Octagon Capital Corp, he is currently providing corporate strategy consulting services to CEO's of public companies. Previous to his position at Octagon Capital, Mr. Colin was an investment banker with Desjardins Securities Inc., Executive VP of Deacon Capital, and Senior VP of Richardson Greenshields. He is also a director of Premier Gold and Ursa Major Minerals. He is a Member of the Bar of the Province of Quebec and holds a Master of Business Administration from the University of Western Ontario

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.

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Directors & Management

Barry Hildred, Director

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.

Mark Monaghan, Director

Mark is a business consultant with 17 years of institutional equities and public company experience. He has worked in various capacities at TD Securities, Deacon Capital, CT Securities and Quest Capital. Has been a strategic adviser to several publicly listed companies, and is also a director of Lara Exploration Ltd. and Universal Power Corp.

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