Nuinsco Resources Limited · CSE:NWI

Nuinsco Resources — Investor Presentation (November 2022)

17 slides from Nuinsco Resources's investor presentation, November 2022

  1. Slide 1: Prairie Lake Project

    Prairie Lake Project November 2022 www.nuinsco.ca | CSE: NWI

  2. Slide 2: The Company: A History of Exploration Success

    The Company A History of Exploration Success ▪ 50+ years of exploration success. ▪ Management continuity. ▪ Track record of spinning out projects to create value. ▪ Current assets provide platform to create value by establishing standalone companies.

  3. Slide 3: Prairie Lake – Advanced Exploration Highlights

    Prairie Lake – Advanced Exploration Highlights • Maiden Mineral Resource Estimate(“MRE”) announced May 2022. • 871.8 million tonne Inferred Mineral Resource including 2.01 kg/t total rare earth oxides (“TREO”), plus niobium and phosphate. • 15.6 million tonne Indicated Mineral Resource including 1.6

  4. Slide 4: Prairie Lake – Advanced Exploration Highlights

    Prairie Lake – Advanced Exploration 4 Highlights • 100%-owned, multi-commodity mineral asset, located near Marathon and Terrace Bay, Ontario. • Potential key North American source of Critical Minerals to meet the anticipated enormous expansion in demand for such products. • Located in the heart of N

  5. Slide 5: Superior Access & Infrastructure

    Prairie Lake Superior Access & Infrastructure Trans-Canada 500Kv Power Line Highway #17 C.P. Rail Prairie Lake Carbonatite Lake Superior Complex 28 km along road to: Trans-Canada Highway CP Railway 500kV Power Line Dead Horse Road Surface Prairie Lake Expression of Property Boundary N MRE (approx)

  6. Slide 6: Trenching in Carbonatite

    Prairie Lake Trenching in Carbonatite Weathering profile over carbonatite – typically 1 to 3m thick

  7. Slide 7: Prairie Lake – Compilation

    Prairie Lake – Compilation • 2.8 km2 (at surface) carbonatite-alkalic complex. • Surface Expression of MRE is circa 46% of total surface area of complex (room to expand MRE). • Pronounced circular topographic expression, up to 70m of relief, well developed weathered cap, up to 2.5m thick. • Irregula

  8. Slide 8: Maiden Mineral Resource Estimate

    Prairie Lake – Advanced Exploration Maiden Mineral Resource Estimate Tantalum Rare Earth Oxides Niobium Phosphate Class Cut-Off Tonnes Nd2O3 Pr6O11 Sc2O3 CeO2 La2O3 Sm2O3 Y2O3 TREO Nb2O5 Ta2O5 P2O5 NSR C$/t M g/t g/t g/t g/t g/t g/t g/t kg/t % g/t % Indicated 30 15.6 344 96 15 754 300 58 100 1.67 0.

  9. Slide 9: Maiden Mineral Resource Estimate: Resource Sensitivity to NSR Cutoff

    Prairie Lake – Advanced Exploration Maiden Mineral Resource Estimate Resource Sensitivity to NSR Cutoff Cut- Class Tonnes Nd2O3 Pr6O11 Sc2O3 CeO2 La2O3 Sm2O3 Ta2O5 Y2O3 TREO* Nb2O5 P2O5 Off NSR M g/t g/t g/t g/t g/t g/t g/t g/t kg/t % % C$/t 50 14.5 358 100 16 787 306 60 28 101 1.73 0.17 3.75 40 15.

  10. Slide 10: Potential Economic Drivers

    Prairie Lake Project Potential Economic Drivers • Neodymium (Nd) – trading at circa US$140-145/kg (Nd-oxide 99.5% pure). Central to the development and production of permanent magnets used in electric and hybrid vehicles and wind turbines. Demand is projected to greatly expand with the electrificati

  11. Slide 11: Marketable Products

    Prairie Lake Marketable Products PHOSPHATE (as CaPO4) From apatite mineralization (meets the specs of both RARE EARTH ELEMENTS agricultural and industrial applications) From various minerals – principally apatite, but monazite, bastnaesite, ancylite also identified CALCIUM SULPHATE From sovite - car

  12. Slide 12: Rare Earth Elements

    Prairie Lake Rare Earth Elements • Mineralogical analysis of apatite from Prairie Lake apatite indicates unusually high concentrations of light rare-earth oxides (LREO) of 1.54% (13,157 ppm), and in particular neodymium oxide (Nd2O3) of 0.33% (2829 ppm) Nd2O3. • LREO (and Nd2O3)-rich character of Pr

  13. Slide 13: Metallurgical Test Work

    Prairie Lake Metallurgical Test Work Previous metallurgical testing: • Multiple composite samples of drill core delivered to COREM in Quebec City including a 1,000kg sample grading 3.18% P2O5, 0.13% Nb2O5. • Focus on P2O5 beneficiation. • Apatite concentrate, containing >75% apatite, has been produc

  14. Slide 14: Phosphate Potential

    Prairie Lake Phosphate Potential • Phosphate at Prairie Lake has potential application to both agriculture and industry. • Phosphate is predominantly contained in the mineral apatite. • Apatite concentrate (containing >75% apatite) has been produced from Prairie Lake rock. • Apatite grains are very

  15. Slide 15: Summary

    Prairie Lake Summary • 871.8 million tonne Inferred mineral resource including 2.01 kg/t TREO, plus niobium and phosphate. • 15.6 million tonne Indicated mineral resource including 1.67 kg/t TREO, plus niobium and phosphate. • Substantial potential remains to expand and upgrade the initial MRE. • Si

  16. Slide 16: Disclaimer: Cautionary Note Regarding Forward-Looking Information

    The Company Disclaimer Cautionary Note Regarding Forward-Looking Information This document contains forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections and interpretatio

  17. Slide 17: Disclaimer: Information Concerning Estimates of Mineral Resources

    The Company Disclaimer Information Concerning Estimates of Mineral Resources The disclosure in this document and referred to herein was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). The terms "Measu

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