Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (January 2020)
29 slides from Northern Shield Resources's investor presentation, January 2020
Slide 1: Corporate Presentation January 2020
Corporate Presenta,on January 2020
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT This document contains statements concerning the potential gold, silver and other mineralization at Shot Rock and Root & Cellar geological, geophysical, geochemical and geometrical analyses at Shot Rock and Root & Cellar and comparisons of the properties to known epithermal
Slide 3: Executive Summary
EXECUTIVE SUMMARY New Drill • 12 months of reconnaissance work (mapping and sampling) that Generator of high quality, stretches over 6km in length Ready Gold very early • Identified a new lowstage exploration sulphidation system that appears to be intact Target in Nova • targets 3D Magnetic through
Slide 4: Northern Shield
NORTHERN SHIELD Generator of high quality, very early stage exploration targets through a model driven approach. New ideas, large terranes, large targets TSX-V: NRN www.northern-shield.com info@northern-shield.com 2
Slide 5: Flagship Properties
FLAGSHIP PROPERTIES “Building district scale opportunities by first mover” status on low sulphidation epithermal gold and related deposits in Atlantic Canada St. John’s SHOT ROCK ROOT & CELLAR Halifax Avalon Terrane TSX-V: NRN www.northern-shield.com info@northern-shield.com 3
Slide 6: Low Sulphidation Epithermal (LSE) Gold
LOW SULPHIDATION EPITHERMAL (LSE) GOLD Why is there so much interest in LSE Gold systems? This is why! • LSE gold systems are highly prized for their potential to hosts very high grades of gold and silver. • These deposits types are dominant in places like Mexico, Nevada, Peru, Argentina and New Zea
Slide 7: Shot Rock Location
SHOT ROCK LOCATION SHOT ROCK D A Avalon Y Terrane New Glasgow Anaconda N Atlantic Gold Halifax I (St Barbara) G Maguma Group H T TSX-V: NRN www.northern-shield.com info@northern-shield.com 5
Slide 8: Shot Rock Discovery
SHOT ROCK DISCOVERY • In late 2017, Northern Shield identified the potential for low sulphidation epithermal (LSE) gold in north-central Nova Scotia based on the geochemical signature of rock samples provided by a local prospector. • Recognising the opportunity for a new gold district, Northern Shie
Slide 9: Epithermal Discovery
EPITHERMAL DISCOVERY Northern Shield Highway Zone acquired the project Discovery after a prospector, following up on historic gold anomalous stream sediment samples, collected a rock sample that provided early indication of a low sulphidation epithermal gold system. Northern Shield Stream Sediment A
Slide 10: Epithermal Discovery
EPITHERMAL DISCOVERY Prospecting led to the discovery of boulders and eventually outcrop, hosting epithermal quartz veins TSX-V: NRN www.northern-shield.com info@northern-shield.com 8
Slide 11: Shot Rock Summary
SHOT ROCK SUMMARY To date, gold has been found in outcrop at four fluid cells (epithermal systems) over a 3.5 km strike-length. Three other cells interpreted from alteration, geophysics and geochemistry could extend the length of the system. Crystal Indications Highway Hill intrusion of additional Z
Slide 12: Quartz Veins
QUARTZ VEINS • Most of the gold mineralization is hosted in stockwork-style veining though larger veins (up to 3-4 meters exist. • Typical gold grades are in the 0.1-1 g/t range but up to 5.3 g/t. TSX-V: NRN www.northern-shield.com info@northern-shield.com 10
Slide 13: Low Sulphidation Epithermal (LSE) Gold
LOW SULPHIDATION EPITHERMAL (LSE) GOLD • LSE systems typically exhibit strong zonation of gold and silver grades with increasing depth. Shot Rock Erosional Level • Gold is NOT expected above the “Boiling Cap.” The identification of outcropping silica and boiling cap is deemed significant as the high
Slide 14: Shot Rock Superdome
SHOT ROCK SUPERDOME Gold-bearing fluids driven by intrusion rise and are concentrated and trapped in in overlying domed stratigraphy. Superdome to 3D Magnetic Inversion model of deep-seated composite intrusions (syenite, monzonite, diorite) TSX-V: NRN www.northern-shield.com info@northern-shield.com
Slide 15: Highway Zone
HIGHWAY ZONE The Highway Zone is the largest and principal target at B C Shot Rock A Silica Cap E W B E W ? C A m 300 600 ? m Precious Metal Horizon • Mineralized area measuring 600m x 300m. • Consisting of stockwork quartz/chalcedony veins and lessor large banded crustiform/colloform veins. Concept
Slide 16: Middle Zone
MIDDLE ZONE Silica Cap, Highway Zone Looking East from Windmill Zone 13 14
Slide 17: Martha Mine Scale Comparison
MARTHA MINE SCALE COMPARISON Highway Zone Martha Vein Welcome Vein Shot Rock Silica Cap The Martha Mine in New Zealand is an epithermal system that has produced over 8M ounces of gold and 40M ounces of silver. The map above provides a useful understanding of the scale of a known epithermal deposit i
Slide 18: A Unique Opportunity
A UNIQUE OPPORTUNITY “Low sulphidation systems are highly prized for their potential to host ‘bonanza’ grades of gold and silver. Northern Shield has discovered one with considerable areal extent. Those opportunities do not arise very often, especially within sight of the Trans-Canada Highway.” TSX-
Slide 19: Root & Cellar
ROOT & CELLAR • Northern Shield can earn a 100% interest in the Root & Cellar Property. • The Property is located on the Newfoundland Burin Peninsula, in Newfoundland, a 3 hour drive from St. John’s. St. John’s • Accessible year round. Root & • Root & Cellar hosts several recently Cellar discovered,
Slide 20: Root & Cellar
ROOT & CELLAR The Property hosts four distinct epithermal gold showings over a 5 kilometer trend. ete rs K ilom 5 TSX-V: NRN www.northern-shield.com info@northern-shield.com 18
Slide 21: Conquest Zone
CONQUEST ZONE 47.9 g/t Gold Conquest Main Showing ? Rhyolite Dome • The Conquest Zone is remarkable not only for its high grades, but the extensive areas of low to moderate gold grade, particularly in the rhyolite domes. www.northern-shield.com info@northern-shield.com 19
Slide 22: Conquest Zone
CONQUEST ZONE Newly Defined Target 0.1-2.0 g/t Gold 47.9 g/t Gold Conquest Zone 2 kilometer long gold soil anomaly with TSX-V: NRN outcropping Outcrop: Quartz veined, Outcrop: Chalcedony veins gold on specularite-bearing rhyolite in intensely altered andesite periphery • The rhyolite domes appear to
Slide 23: Drop Zone
DROP ZONE • High grade gold and silver (up to 45 g/t Gold and 1,365 g/t Silver) has been sampled from a small exposure at the western end of the 5 km gold trend at Root & Cellar. TSX-V: NRN • Cut sample Drop Zone discovery outcrop contains considerable “Ginguro-type” mineralization including Hessite
Slide 24: Drop Zone
DROP ZONE Drop Zone Soil Survey Drop Zone Discovery Four parallel silver-gold-tellurium Up to 45 g/t Au, 1,365 g/t Ag zones up to 500 meters long • Float sample containing pyrite dusted with hessite (silver telluride) TSX-V: NRN www.northern-shield.com info@northern-shield.com 22
Slide 25: Funded 90 Day Exploration Plan
FUNDED 90 DAY EXPLORATION PLAN SHOT ROCK (1ST QUARTER, 2020) • Drill test down-dip extension of Middle Zone and Highway Zone in a 2,000-2500 meter, 5-8 hole, diamond drill program ROOT & CELLAR (1ST QUARTER, 2020) Highway Zone • High resolution airborne magnetics • Trenching of known occurrences and
Slide 26: A Unique Opportunity
A UNIQUE OPPORTUNITY “Low sulphidation systems are highly prized for their potential to host ‘bonanza’ grades of gold and silver. Northern Shield has discovered one with considerable areal extent. Those opportunities do not arise very often, especially within sight of the Trans-Canada Highway.” TSX-
Slide 27: Corporate
CORPORATE CAPITAL STRUCTURE Common Shares O/S 250.1M Fully Diluted 282M Stock Price C$0.09 Market Capitalization C$24M Treasury C$1.5M Debt Nil Although better known MANAGEMENT Ian Bliss CEO/President/Director Samuel Legg CFO Christine Vaillancourt Chief Geologist M.Sc., P. Geo., FGC (Fellow of Geos
Slide 28: Directors
DIRECTORS Russ Richards Private wealth manger in Atlanta, Georgia; previously investment banker in (Chairman) Atlanta, London and Lagos. Ian Bliss After studying geology at the University of New Brunswick, Mr Bliss subsequently founded Northern Shield in 2000. It was under his guidance that Northern
Slide 29: A Unique Opportunity…
A Unique Opportunity… NORTHERN SHIELD RESOURCES INC. Ian Bliss, President & CEO 55 Metcalfe Street +1.613.232.0459 x 1001 Suite 500 www.northern-shield.com Ottawa, ON Canada K1P 6L5 info@northern-shield.com “Northern Shield represents A Unique Opportunity to be involved early in the advancement of a
Northern Shield Resources — Investor Presentation (January 2020) on 6ix