Adelaide Resources Limited: Investor Presentation
05.10.2016 | ABN Newswire
Adelaide - Adelaide Resources Ltd. (ASX:ADN) is pleased to provide the Company's latest Investor Presentation for October 2016.Company snapshot
- Principal commodity focus is gold with two significant projects
- Complementary advanced copper and early stage lithium tenements
- Recognised discovery track record
- Experienced board and management with technical and financial skills
-- Colin G Jackson (Non-Executive Chairman)
-- Chris Drown (Managing Director)
-- Nick Harding (Executive Director)
-- Jonathan Buckley (Non-Executive Director)
-- Mark Manly (Exploration Manager)
Value Proposition
- Clear gold focus - commodity with strong investor interest
- Advanced gold project in SA - recent 107,000 ounce maiden Mineral Resource estimate at Barns deposit with resource growth achievable
- Drilling imminent - commencing early Oct16 at nearby Baggy Green target can materially build on Barns resource and deliver near term news flow
- High grade epithermal gold project in QLD - Four drill-ready targets in high grade Drummond Basin where success likely to trigger significant re-rating
- Peer group comparison - suggests ADN is significantly undervalued and presents a low cost entry to sound gold plays
To view the presentation, please visit:
http://abnnewswire.net/lnk/W40JS554
About Adelaide Resources Limited:
Adelaide Resources Ltd. (ASX:ADN) is an Australian Securities Exchange listed company focusing on mineral exploration for gold, copper and lithium deposits. The company has built a highly prospective exploration portfolio of projects covering 7,969 sq kms within 21 exploration licences located in South Australia, Queensland, Western Australia and the Northern Territory. Adelaide Resources was incorporated on 23 December 1993 and subsequently listed on the ASX on 11 September 1996. The company's head office is in Adelaide, South Australia.
Adelaide Resources' vision is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities.
Contact:
Adelaide Resources Ltd.
Chris Drown Managing Director
Tel: +61-8-8271-0600
Email: adres@adelaideresources.com.au
www.adelaideresources.com.au
