Slide 1: Natashquan Project
NATASHQUAN PROJECT Labrador, Canada Platinum-Palladium-Gold-Copper-Nickel JANUARY 2021
Slide 2: Disclaimer and Qualified Person
Disclaimer and Qualified Person Forward Looking Statements This document includes certain statements that constitute “forward‐looking statements” and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward‐looking statements”). Forward-looking statement
Slide 3: Project Highlights
Project Highlights • Defined zone over a 380 m area; multiple untested EM + Mag targets south R06702 (0.549 g/t TPGE; 0.89% Cu) - 0.70m • Platinum, palladium, gold, copper and nickel R06703 (0.426 g/t TPGE; 1.21% Cu) - 0.85m associated with disseminated to massive R06704 (0.460 g/t TPGE; 1.40% Cu) -
Slide 4: Location and Ownership
Location and Ownership • 6,175 Ha project located in southern Labrador, eastern Canada Churchill Falls Hydro Facility • Accessible by helicopter from Churchill Falls (140 km); trans- Labrador highway (100 km) • Within reach of major mining, rail and hydro infrastructure • 100%-owned by Altius Resour
Slide 5: Geological Setting
Geological Setting • Located in the Mealy Mountain Terrane (MMT) of the Grenville Province of southern Labrador and eastern Quebec • The MMT is a tectonic division comprising Paleoproterozoic pre- Labradorian crust, late Paleoproterozoic and late Mesoproterozoic Mealy Mountain Intrusive Suite (MMIS)
Slide 6: Local Geology
Local Geology • The Natashquan project is underlain by variably metamorphosed and deformed gabbro, gabbronorite and layered mafic/ultramafic intrusive rocks assigned to the circa 1660 -1630 Ma Mealy Mountain Intrusive Suite (MMIS). • The MMIS intrudes granulite facies orthogneiss and metasedimentary
Slide 7: Exploration History
Exploration History • 2001: Newfoundland Gov’t geologist sampled an outcrop that returned 1.38 g/t combined Pt+Pd+Au (“Discovery Outcrop”). • 2007: Altius acquired the Natashquan project by staking. • 2008: Altius commissioned a 1,141 line-km Mag‐EM airborne survey (Aeroquest); detected 5 conductive
Slide 8: TPGE (Pt+Pd+Au), Cu, Ni Distribution
TPGE (Pt+Pd+Au), Cu, Ni Distribution 3.48 g/t TPGE, 2.3% Cu, 0.5% Ni (grab) • To date, best reported 0.57 g/t TPGE, 8.22% Cu, 0.36% Ni (grab TPGE rock samples 1.14 g/t TPGE, 1.59% Cu, 0.28% Ni (4.4 m channel collected from Anomaly A and Discovery Outcrop • Anomaly A and Discovery Outcrop have a mode
Slide 9: Project Photos
Project Photos Discovery Outcrop. Ultramafic with Gossanous outcrop at Anomaly A (northern Partially stripped gossanous outcrop at fragments of mafic rock. Disseminated part, pre-stripping photo ca. 2008) Anomaly A. Highlights include a 4.4 m sulphides in 30x30 cm pods. channel sample with 1.14 g/t
Slide 10: Mineralization at Anomaly A (northern part)
Mineralization at Anomaly A (northern part) east to west: Sample Width Cu % Ni ppm tPGE west to east: mafic dyke 6724 0.60 1.45 1455 2.030 Sample Width Cu % Ni ppm tPGE 6725 0.60 3.40 4160 1.076 metagabbro 6714 0.50 2.07 1255 0.255 6726 0.60 1.54 2240 0.456 6715 0.60 2.57 2810 0.800 6727 0.60 1.27 1
Slide 11: Untested Targets Within The Project Boundaries
Untested Targets Within The Project Boundaries Background: merged heliborne magnetics (1VD) 11
Slide 12: Contact Information
Contact Information Chad Wells Vice-President, Business Development CW 12 Phone: (709) 579-8271 Email: Chad@altiusminerals.com Lawrence Winter LW Vice-President, Exploration Phone: (709) 579-8278 Email: Lawrence@altiusminerals.com Altius Resources Inc. 2nd Floor, 38 Duffy Place ALS St. John’s, NL, A