Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Shareholder Meeting (November 2004)
35 slides from Northern Star Resources's shareholder meeting presentation, November 2004
Slide 1: Announcement: Presentation to Shareholders
96 Parry Street PERTH WA 6000 PO Box 8178 PERTH BUSINESS CENTRE WA 6849 Ph: (08) 9328 9292 Fax: (08) 9227 6011 Email: info@nsrltd.com, Web: www.nsrltd.com ANNOUNCEMENT PRESENTATION A copy of a presentation to shareholders immediately following the annual general meeting today is attached and can be
Slide 2: Northern Star Resources Ltd AGM Presentation
NORTHERN STAR RESOURCES LTD Focused on discoveries in the East Kimberley region of Western Australia November 2004 AGM Presentation 1
Slide 3: Contents
Contents • Achievements and Highlights • Strategy and Overview • Key Project Review • Forward Schedule Sampling Quartz Veins – Range Prospect 2
Slide 4: Achievements Since Listing
Achievements Since Listing • Recruitment of key exploration personnel • Establishment of operating base at Halls Creek • Negotiation of land access with traditional owners • Airborne magnetic/radiometric surveys (24,000 line km) • Large scale airborne EM surveys (2,000 line km) • Three phases of dri
Slide 5: Highlights Since Listing - Gold
Highlights Since Listing- Gold • High grade intercepts from the Golden Crown Project. Diamond Drilling 0.8m @ 521 g/t Au from 23.0m (GCD010), 0.4m @ 47.24 g/t Au from 126.6m (GCD011), 1m @ 19.06 g/t Au from 29.0m. (GCD005) RC Drilling (1m Sampling) 2m @ 176.68 g/t Au from 12.0m (GCP017), 3m @ 4.89 g
Slide 6: Highlights Since Listing - Gold
Highlights Since Listing- Gold • New epithermal Province defined at Wilson River Project • Up to 38.34 g/t Au from quartz veining at Range. No gold mineralization previously been documented in the area. • Addition ground holdings secured • Dunham Application • New tenements adjacent to existing Wils
Slide 7: Highlights Since Listing - Ni/PGE
Highlights Since Listing-Ni/PGE • Electromagnetic responses within the Red Billabong nickel project - currently being tested for nickel sulphides as the source for the responses. • Ground electromagnetic and geochemical surveys commenced to test a number of geological contacts with anomalous rock ch
Slide 8: Why The East Kimberley
Why The East Kimberley • Layered mafic-ultramafic rocks - Most extensively mineralized association of their type in Australia. • Significant potential to host Ni-Cu-Co-PGE mineralization. • Focus for Ni-Cu-PGE mineralisation •promoted by the enhanced understanding of the regional geology, mineralisa
Slide 9: Project Locations
Project 55 Ni Ni --Cu Cu-- (Co) (Co) --PGE PGEProjects Projects Locations 66 Gold Gold Projects Projects A Dunham Dunham Wilson WilsonRiver River PROJECT GROUP East Kimberley Nickel Foal FoalCreek Creek SM Halls Creek Toby Castlereagh Castlereagh Toby Wilson River PA Springvale Springvale LEGEND Pal
Slide 10: Mineralisation Style Summary
Mineralisation Style Summary Target Styles 9 (After D. Hoatson, 2000 )
Slide 11: Red Billabong Project
RED BILLABONG PROJECT • Extensive cover - largely unexplored • Existing base metal mineralization (PGE potential) • Along strike from gold mine • Untested intrusives • Airborne geophysical testing completed - aeromagnetics & AEM • AEM anomalies being tested 10
Slide 12: Hoistem
Hoistem 2 3 1 11
Slide 13: Red Billabong Project
RED BILLABONG PROJECT • Moola Bulla Complex • 15 x 3 km poorly outcropping intrusive • Sparse previous km exploration 1 5 •AEM anomalies identified 12
Slide 14: Red Billabong Project - Emull Base Metal Skarn
Emull EmullBase BaseMetal MetalSkarn Skarn RED BILLABONG No PGE testing No PGE testing PROJECT • Emull • Existing base metal mineralization (PGE potential) • AEM anomalies identified 2 km 13
Slide 15: Springvale Prospect
SPRINGVALE PROSPECT • Anomalous rockchips on intrusive contacts • Poorly tested • Ground geophysics Up to 0.25% to 1% Cu and 0.21% Ni in Up to 0.25% to 1% Cu and 0.21% Ni in and geochemistry to separate rock chips on m argin. separate rock chips on m argin. test targets Poorly exposed and Poorly exp
Slide 16: Springvale Project
eee St esa ; ae i ke t ’ * rire Pe | Springvale Shear Target ed Up to 0.24% Cu and 0.21% Ni in rock a. chips in shear. eee ] Poorly exposed a partially tested Corridor gabbro uae om ie ; Coincident Ni(>75ppm) Cu(>50ppm) stream sediment samples (Inco)
Slide 17: Toby Project
TOBY PROJECT •Potential host for Ni-Cu, PGE and gold-PGE mineralization as disseminated sulphides. •Ni-Cu-Co anomalous rock chip samples - no PGE analyses. •Stream sediment and rock chip sampling, geological mapping– December Quarter. 16
Slide 18: Toby Project
TOBY PROJECT Marty Bore Area - Up to 0.3 % Cu, 0.3 % Ni, 0.2% Co in rockchips. No PGE analysis. High Ni (to 500ppm) and Co (to 160ppm) in stream sediment samples draining Egg Limit Limitofofprevious previousPGE PGEsampling sampling(Mostly (Mostly Stream StreamSediment SedimentSampling) Sampling) Up
Slide 19: Foal Creek Project
FOAL CREEK PROJECT Covers the differentiated mafic Foal Creek intrusive, 1km x 2.2 km Seven strike kilometres of a strongly magnetic linear anomaly of the Corridor Gabbro (?) possibly a feeder to Toby or higher level intrusives Under explored 5km x 2km strongly magnetic body of the potential structu
Slide 20: Foal Creek Project - Geology
FOAL CREEK PROJECT Geology Foal FoalCreek Creek Intrusive Intrusive Corridor CorridorGabbro Gabbro 19
Slide 21: Foal Creek Project - Magnetics
FOAL CREEK PROJECT Magnetics Foal FoalCreek Creek Intrusive Intrusive Corridor CorridorGabbro Gabbro 20
Slide 22: Castlereagh Project
Geology Magnetics CASTLEREAGH PROJECT • Covers a 15 kilometre north- northwest trending strongly magnetic corridor •No known previous exploration for Ni-Cu-PGE’s. •AEM Completed 21
Slide 23: Golden Crown Project
GOLDEN CROWN PROJECT •High grade intercepts •Drilling to establish continuity •Further poorly tested syenite / fold hinges LEGEND BUTCHERS GULLY MEM BER OLYMPIO FORMATION Trachytic Volcanics Syenite BISCAY FORMATION 22 Turbiditic Sediments Metasediments Mafic Volcanics Mafic Volcanics
Slide 24: Diamond Drilling at Golden Crown
Diamond Drilling at Golden Crown 23
Slide 25: Faugh-a-Ballagh
Faugh-a-Ballagh Gold Mineralization defined over 300m Shallow -generally <100m High grade intercepts Eastern limb of Syenite Drilling to establish continuity 24
Slide 26: Golden Crown
Golden Crown Gold Mineralization defined over 200m 9600N GCP-006 3m @ 3.12g/t Shallow -generally GCP-007 Incl 1m @ 4.07g/t <100m 2m @ 2.18g/t GCP-032 5m @ 9.80g/t Incl 1m @29.44g/t High grade intercepts GCD-005 1m @ 8.83g/t 1m @19.06g/t GCP-033 1m @ 3.46g/t Hosted in Syenite GCP-003 1m @ 1.34g/t GCP
Slide 27: Golden Crown Project
GOLDEN CROWN PROJECT Potential Titan TitanDrilling Drilling - - BTP002 BTP0024m@1.56g/t 4m@1.56g/tAu Aufrom from11m 11m BTP003 1m@1.68g/t Au from 55m BTP003 1m@1.68g/t Au from 55m BTP004 BTP0042m@1.33g/t 2m@1.33g/tAu Aufrom from12m 12m and and 3m@2.88g/t 3m@2.88g/tAu Aufrom from21m 21m Future Future
Slide 28: Wilson River Project
Wilson River Project Geology Diamond/ Diamond/Kimberlite Kimberlite Indicators Indicators Numerous NumerousGold Gold Stream Sediment Stream Sediment Anomalies Anomalies 27
Slide 29: Wilson River Project
Wilson River Project •No gold mineralization has previously been documented in the area. Range RangeProspect Prospect •Gold anomalous rock chips and soils •Significant follow up 5 km just completed 28
Slide 30: Wilson River Project
Wilson River Project •Up to 38.34 g/t Au from quartz veining •Known gold anomalous veins covering 1.7km by 0.7km •High level / epithermal vein quartz textures 29
Slide 31: Wilson River Project - Range Prospect Quartz Textures
Wilson River Project RANGE PROSPECT Quartz Textures 30
Slide 32: Longitudinal projection of the Nancy North – Vera South orebodies
500 Longitudinal projection (looking NE) of the Nanc y North – Vera South orebodies, contours in gram-metres Ian Butler, Tim Murphy and Jennifer Parks, 2000 31 Longitudinal Section (Royal – Roses Pride) Cracow 2004 Annual Report - Review of Activities
Slide 33: Proposed Schedule
Proposed Schedule • December Quarter – Further drilling at Golden Crown – Geochemical Sampling Wilson River, Red Billabong, Springvale, Toby and Golden Crown – Drilling proposals for Cummins Range and Red Billabong • 2004 / 2005 – Data compilation and target generation – Surface EM testing Red Billa
Slide 34: Summary
Summary • Experienced board with proven record of success • Holdings over under explored mafic-ultramafic host rocks - potential to host Ni-Cu-Co-PGE mineralization - Geophysical anomalies being tested • High grade gold targets, new epithermal province • $4.17 Million Cash (end of September 2004) •
Slide 35: Just The Beginning
JUST THE BEGINNING 34
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