Ongold Resources Ltd · TSXV:ONAU
Ongold Resources — Northern Superior Resources — Investor Presentation (June 2023)
49 slides from Ongold Resources's investor presentation, June 2023
Slide 1: Corporate Presentation
Corporate Presentation Consolidating the Chibougamau Gold Camp in Quebec Capitalizing on District Scale Exploration in Ontario Q2 2023 TSXV:SUP │ OTCQB:NSUPF
Slide 2: Forward Looking Statements
Forward Looking Statements Northern Superior Resources | Corporate Presentation Northern Superior Resources | Corporate Presentation Cautionary Note Regarding Forward-Looking Statements: This Presentation contains forward-looking statements that involve risks and uncertainties, which may cause actua
Slide 3: Forging the future in gold
Gold is more precious than ever before. In the early stage of a once-in-a-generation systemic inflation cycle, demand for gold, notably from central banks around the world, is at an all-time high. Northern Superior is consolidating the Northern Superior Resources | Corporate Presentation Chibougamau
Slide 4: Focused on creating the next gold developer
With this immense potential, we are focused on creating the next gold developer. Land of opportunity Northern Superior Resources | Corporate Presentation Northern Superior Resources | Corporate Presentation Chibougamau is widely renowned for its vast gold and copper resources. It is home to many of
Slide 5: Why choose Northern Superior?
Why choose Northern Superior? Investment highlights and key takeaways. Northern Superior Resources | Corporate Presentation Leading Explorer Experienced Team Growth Potential Largest consolidated land Our core management team Our recent exploration success package in the Chibougamau comprises
Slide 6: Why choose Northern Superior?
Why choose Northern Superior? Investment highlights and key takeaways. Northern Superior Resources | Corporate Presentation Presence in Proven Conviction Exploration in Districts Canada Our projects are near underexplored proven auriferous With approximately 30% of We own other assets, such as st
Slide 7: Visionary Leaders
Visionary Leaders VICTOR CANTORE SIMON MARCOTTE Northern Superior Resources | Corporate Presentation Executive Chairman President, CEO and Director President and CEO of AMEX Exploration Inc., one of the Founder, President & CEO of Royal Fox Gold Inc. until its most successful gold exploration compa
Slide 8: Accomplished Directors
Accomplished Directors MICHAEL GENTILE FRANÇOIS PERRON Northern Superior Resources | Corporate Presentation Largest Shareholder and Director Director Over 20 years as institutional money manager investing in Currently President and CEO of Lucky Minerals. commodity sector. Recently co-founded Basti
Slide 9: Technical Experts
Technical Experts Northern Superior Resources | Corporate Presentation TOM MORRIS JEAN LAFLEUR DAVID BEILHARTZ Chair of Technical Committee Technical Committee Technical Committee Dr. Morris is a Professional Mr. Lafleur is a seasoned Professional Geologist P.Geo Geologist with over 30 years geol
Slide 10: Gold Exploration Projects in Quebec and Ontario
Gold Exploration Projects in Quebec and Ontario Northern Superior Resources | Corporate Presentation Advanced stage gold exploration projects within major gold camps 1,470 km2 of prospective gold properties 10 Monster Lake – NI 43-101, May 2018; Nelligan NI 43-101, February 2023; Chevrier NI 43-1
Slide 11: Chibougamau Camp At a Glance
Chibougamau Camp At a Glance Northern Superior Resources | Corporate Presentation Nelligan Indicated: 1,970,000 oz 0.84 g/t Inferred: 3,600,000 oz 0.87 g/t Philibert Royal Fox CVR: 1,400,000 oz 5km Upcoming Resource to 2,000,000 oz Radius Lac Surprise (Falcon Zone) Adjacent to Nelligan 17km Upcomin
Slide 12: Leading the consolidation of the Chibougamau Gold Camp
By consolidating the most relevant gold deposits in the Chibougamau Gold Camp under one roof, Northern Superior is increasing the viability of the resources. The Leading the deposits are located within a small radius, which will eventually allow them to be combined into a single operational design,
Slide 13: Benefits of Exploration in Chibougamau
Benefits of Exploration in Chibougamau HIGH GRADE Northern Superior Resources | Corporate Presentation Monster Lake (IMG) Inferred Resources: 1.1 MT at 12.14 g/t Au, Following it’s long history of copper driven 433,000 oz Au Chevrier (SUP) Indicated Resources: exploration, it has become evident tha
Slide 14: Comparables
Comparables We are crafting the next gold developer on the eve of a substantial revaluation as we formalize our resources based on drilling campaigns already executed $173M $164M Northern Superior Resources | Corporate Presentation MARKET CAPITALIZATION (CAN$) $136M $115M $49M $63M $63M $113M $21M $
Slide 15: Assertive Execution
Assertive Execution Northern Superior Resources | Corporate Presentation Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q2 2023 Q3/Q4 2023 2024 Acquisition of Acquisition of Royal $5,000,000 More than Resource Resource Drilling Genesis Metals Fox Gold Inc. for the equity financing 20,000m of Publication on Publica
Slide 16: Helming the district scale TPK project in Ontario
Helming the district scale TPK project in Ontario Northern Superior Resources | Corporate Presentation Northwestern This large property, We have recently Ontario’s Ti-pa-haa- covers the obtained drilling kaa-ning (“TPK”) underexplored Stull- permits and have property is the Wunnummin Fault communi
Slide 17: Benefits of Exploration in the TPK property
Benefits of Exploration in the TPK property One of the largest gold-in-till Large mineral-bearing boulders Multiple, significant gold Most gold dispersal trains are dispersal anomalies in the returning assay values as high discoveries have already been 200ms x 3kms. This property Northern Superior
Slide 18: Capitalization Table
Capitalization Table Northern Superior Resources | Corporate Presentation Shares Outstanding 137,492,766 Warrants* 9,383,586 Options** 12,137,009 RSU 833,747 Total 159,847,108 Insider Ownership ˜30% *weighted avg strike price: $0.56 **weighted avg exercise price $0.59 Insider ownership based on ass
Slide 19: Most Recent News Releases
Most Recent News Releases Northern Superior Reports 2.13 g/t Gold over 31.4 Metres and Northern Superior Reports 1.63 G/T Gold Over 45.9 Metres And 0.84 4.84 g/t Gold Over 3.9 Metres from the Red Fox Zone of the G/T Gold Over 43.0 Metres From The Falcon Gold Zone At Lac Philibert Project Surprise No
Slide 20: Let's dive into it…
Let’s dive into it… Geological Property Facts for Each Property. Northern Superior Resources | Corporate Presentation 20
Slide 21: Philibert
Philibert New Gold Resource for 2023 which we expect will establish Philibert as a pillar in the Northern Superior Resources | Corporate Presentation Chibougamau Camp 9km from IAMGOLD’s Nelligan 21
Slide 22: Philibert
Philibert Located on the highly prospective Guercheville Fault Zone and HIGH GRADE Northern Superior Resources | Corporate Presentation central to many of the deposits with Monster Lake (IMG) Inferred Resources: already defined gold resources 1.1 MT at 12.14 g/t Au, 433,000 oz Au Chevrier (SUP) In
Slide 23: Philibert
Philibert Wide zones of disseminated gold mineralization hosted in a fractionated gabbro sill part of the Obatogamau Northern Superior Resources | Corporate Presentation Formation. Highlight Historical Holes: 17.9m @ 8.05 g/t Au from 282m 54.5m @ 2.30 g/t Au from 32m 26.6m @ 3.99 g/t Au from 340.3m
Slide 24: Philibert
Philibert INITIAL Mineralization of 3 km 24 Northern Superior Resources | Corporate Presentation
Slide 25: Philibert
Philibert Room to grow ANOTHER 4 kilometres along strike AND remains open down dip and plunge Northern Superior Resources | Corporate Presentation 25
Slide 26: Philibert – SOQUEM Option Agreement
Philibert SOQUEM – Option Agreement 50% secured with a total of $3.5M of expenditures over 5 years - COMPLETED Northern Superior Resources | Corporate Presentation 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR $300.000 $400.000 $700.000 $900.000 $1,200.000 Northern Superior acquired an additional 25% via an
Slide 27: Lac Surprise
Lac Surprise Remarkable Gold Opportunities in the Highly Prospective Chibougamau Camp Northern Superior Resources | Corporate Presentation Northern Superior discovered the Falcon Gold Zone Adjacent to IAMGOLD’s Nelligan 27
Slide 28: Lac Surprise
Lac Surprise Large property covering key structural breaks in the Chibougamau Camp and Northern Superior Resources | Corporate Presentation adjacent to Nelligan Monster Lake (IMG) Inferred Resources: 1.1 MT at 12.14 g/t Au, 433,000 oz Au Chevrier (SUP) Indicated Resources: 2 km from the NELLIGAN pr
Slide 29: Lac Surprise – Targeting, Fingerprinting Nelligan
Lac Surprise Targeting, Fingerprinting Nelligan Northern Superior Resources | Corporate Presentation Falcon Gold Zone located within in the Druillettes syncline an E-W regional D2 fold also hosting the Nelligan deposit composites Robust continuity defined over 900m along strike and up to 300 metr
Slide 30: Lac Surprise
Lac Surprise Large property covering Guercheville - GDZ prospective structural breaks Northern Superior Resources | Corporate Presentation like the Guercheville, Remick and Doda shear zones Remick - RDZ Maiden Mineral Resource Planned Falcon Gold Zone Doda - DDZ Exploration Potential parallel sys
Slide 31: Chevrier
Chevrier A gold resource already defined with “Blue Sky” potential and a large property position covering Northern Superior Resources | Corporate Presentation highly prospective targets like the Fancamp Deformation Zone set for new discoveries Only 18 km from Philibert 31
Slide 32: Chevrier
Chevrier Large property in key area of the Chibougamau Camp Northern Superior Resources | Corporate Presentation Monster Lake (IMG) Inferred Resources: 1.1 MT at 12.14 g/t Au, Project Highlights 433,000 oz Au Chevrier (SUP) Indicated Resources: January 2022: updated NI 43-101 resource 6.4 Mt at 1.
Slide 33: Chevrier NI 43-101 Resource Estimate for the Main Zone
Chevrier NI 43-101 Resource Estimate for the Main Zone Cut-off Tonnes Grade Contained 2022 Resource Update Category (g/t Au) (000s) (g/t Au) (oz Au) Open-Pit - Indicated 0.3 6.400 1.26 260,000 • In January 2022, announced a 77% increase in open pit resources and a Open-Pit - Inferred 0.3 11.200 1.1
Slide 34: Chevrier Near Term Resource Growth
Chevrier Near Term Resource Growth Northern Superior Resources | Corporate Presentation Chevrier South Zone • Immediately SW and along strike of the Main Zone • 15 of 18 drillholes returned intercepts over 0.5 g/t Au • Identified 6 parallel zones over 1,200 m strike BEST GOLD INTERVALS 97.1 m @ 0
Slide 35: Chevrier Regional Targets Across This District
Chevrier Regional Targets Across This District Scale (290km²) Property Northern Superior Resources | Corporate Presentation Property is host to parallel breaks with over 20 km of largely untested potential Identified 23 gold targets, including 6 high priority targets Targets identified through s
Slide 36: Croteau Est
Croteau Est A Gold Resource Already Defined, Remarkable “Blue Sky” Potential… in the Highly Prospective Northern Superior Resources | Corporate Presentation Chibougamau Camp To the Northeast of Nelligan, Philibert and Lac Surprise 36
Slide 37: Croteau Est
Croteau Est Existing Discovery and 43-101 Compliant, Inferred Mineral Resource on the Croteau-Bouchard Shear Zone (“CBSZ”) Northern Superior Resources | Corporate Presentation Central (~550m strike by 150m width) Resource based on 64 holes (20,643m), 50m spacing: Gold cut- off of 1.0 g/t Au, 11.6
Slide 38: Croteau Est – Cracking the High Grade Code
Croteau Est Cracking the High Grade Code High Grade Boulders 15.0 g/t Au Northern Superior Resources | Corporate Presentation 52.8 g/t Au 68.7 g/t Au 58.8 g/t Au High Grade Trench Samples 7.9m @ 12.8 g/t Au, including 1.0m @ 92.57g/t Au 33.8m @ 1.93 g/t Au, including 12.3m @ 3.23 g/t Au and includ
Slide 39: Croteau Est – Larger Gold Footprint
Croteau Est Larger Gold Footprint outside of the Croteau-Bouchard Shear Zone (CBSZ) Northern Superior Resources | Corporate Presentation New gold discovery associated with CRO22-120, broad low-grade interval of 1.06 g/t Au over 26.3m, including higher grade intervals of 1.92 g/t Au over 11.0
Slide 40: Croteau Est – Blue Sky Regional Potential
Croteau Est Blue Sky Regional Potential Northern Superior Resources | Corporate Presentation However… there is a larger “gold” footprint New work has identified mineralization on the Croteau to consider with evidence of more CBSZ’s North Shear Zone (previous slide) about 650 m north on the Crotea
Slide 41: TPK
TPK A Truly Unique, Rare and Remarkable District Scale Opportunity Northern Superior Resources | Corporate Presentation 41
Slide 42: TPK
TPK GOLD Northern Superior Resources | Corporate Presentation Structural Setting Gold Grain-In-Till Dispersal Aprons/ Corridors: - Primary Structural Control: - Gold- receptive splay shears off a major - Unique geological feature, largest N. America inflection, Stull- Wunnummin Fault. - Can on
Slide 43: TPK
TPK GOLD Northern Superior Resources | Corporate Presentation High-Grade Gold Core: Gold-Mineralized Boulder Trains: Multiple, significant gold discoveries already made, including: Embedded within gold grain-in-till dispersal apron; - Highlighted intersection: 25.87 g/t gold 13.45 m (TPK-10-004
Slide 44: TPK Targeting – Big Dam Area
TPK Targeting- Big Dam Area Northern Superior Resources | Corporate Presentation Highlighted Big Dam Gold Assays Highlighted Meliadine Gold Assays Basal Till Boulder Gold Geochemistry Year Boulders Gold Year Boulders Gold Collected Collected g/t Collected Collected g/t • Gold Grain Data • H
Slide 45: TPK Blue Sky District Scale Opportunity – Annex
TPK “Blue Sky” District Scale Opportunity- Annex- “Another District Scale System” Highlighted Annex Boulder with high Silver and Copper Assays Northern Superior Resources | Corporate Presentation Year Boulders Silver Copper Au Collected Collected ppm % ppm 53.7 1.92 5.93 2011 101 48.2 0.01 727.0
Slide 46: TPK Targeting – Annex Area
TPK Targeting- Annex Area Northern Superior Resources | Corporate Presentation One discovery follow-up area and three target areas defined: • Au- Ag targets associated with a basalt-andesite/ quartz diorite-monzogranite contact • Au- Cu target associated with a dolerite-diorite-gabbro/quartz-di
Slide 47: October
October Large property position in the prospective Swayze Belt – Timmins Northern Superior Resources | Corporate Presentation Gold Camp 47
Slide 48: October
October Large property in the underexplored Southern Swayze Belt – Timmins Gold Camp Northern Superior Resources | Corporate Presentation Large land package of 36*48km totaling 267km2 Year-round access to the property. Located approximately 100 km southwest of Timmins, Ontario and 162km northwest of
Slide 49: Thank You
Thank You TSXV:SUP │ OTCQB:NSUPF Northern Superior Resources Inc. info@nsuperior.com www.nsuperior.com
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