North Stawell Minerals, Ltd. · ASX:NSM
North Stawell Minerals — OREAS Victorian Round Up Conference 2023
23 slides from North Stawell Minerals's conference presentation, Jun 23, 2023
Slide 1: Unlocking the Secrets of the Stawell Zone
rsonal use only Unlocking the Secrets of the Stawell Zone. OREAS Victorian Round Up Conference 2023 We acknowledge the traditional owners of the land on which we meet, the Wadawurrung and Dja Dja Wurrung peoples, and pay our respects to elders past and present. 21-23 June 2023 | Ballarat, Victoria
Slide 2: Forward Looking Statements and Disclosures
FORWARD LOOKING STATEMENTS AND DISCLOSURES Forward Looking Statement and Disclosures. This presentation is not making any offer, inducement, solicitation or invitation of any kind by communication of this presentation to the recipient and under no circumstances is it to be construed as, a rsonal use
Slide 3: Unlocking the Stawell Corridor Secrets - Better Science, Better Exploration
UNLOCKING THE STAWELL CORRIDOR SECRETS- BETTER SCIENCE, BETTER EXPLORATION rsonal use only NSM-Who are we? Fluid Flow Modelling-AI Advanced Drilling Technology Darlington Excitement Community/Stakeholder Highlights Wildwood Renaissance 3 NORTH STAWELL MINERALS
Slide 4: History and Background – Victoria's 4th Biggest Goldfield
HISTORY AND BACKGROUND – VICTORIA’s 4TH BIGGEST GOLDFIELD Stawell’s Golden History rsonal use only • Stawell Gold Field production is over 5 Moz Au and increasing. • Stawell is the 4th largest goldfield in Victoria. 25-30,000 Alluvial Miners 1853-1859 Deep Lead Mining 1860’s – 1880’s Alluvial Gold D
Slide 5: Project Overview
PROJECT OVERVIEW North Stawell Minerals. Stawell NSM team and Project rsonal use only Zone Experienced board and local management • Outcome-oriented team with dollars-in-the-ground focus. NSM Stawell Project • Deep exploration experience in Victoria and globally. Stawell • Mature support structures
Slide 6: Stawell Zone and Murray Basin Cover
STAWELL ZONE AND MURRAY BASIN COVER . • The gold under the Stawell Corridor can hide no longer rsonal use only • Cover depths typically 20-50m • A Gold Undercover Report – up to 32 Moz Au remain undiscovered in northern Victoria1. • The Stawell Corridor has basalt slabs that form butresses that gold
Slide 7: Geological Advantage – Better Science, Better Exploration
GEOLOGICAL ADVANTAGE – BETTER SCIENCE, BETTER EXPLORATION rsonal use only Inversions of airborne gravity data CSIRO working in conjunction with provides 3D geometry of geology. Exploration Geologist Underground at SGM 2019 Drilling at Germania NSM using 3D inversion data to model to inspect Stawell
Slide 8: The "Stawell Model" – An Exploration Treasure Map
THE “STAWELL MODEL” – AN EXPLORATION TREASURE MAP Stylised cross section of Stawell with the relative Targeting the margins or the ‘roof’ of rsonal use only structural position of NSM prospects shown. interpreted basalt domes has potential to realise a deeper system analogous to Stawell. At Stawell,
Slide 9: CSIRO Fluid Flow Modelling - "Better Science"
CSIRO FLUID FLOW MODELLING- “BETTER SCIENCE” Airborne Gravity Survey areas rsonal use only Fluid flow models are aimed at determining likely dilation and fluid flow patterns around basalt bodies at the time of peak gold mineralisation (440 Ma). 9
Slide 10: Proof of Fluid Flow Concept – Wildwood Dome
PROOF OF FLUID FLOW CONCEPT – WILDWOOD DOME rsonal use only Volume Strain Model for E-W Shortening Utilising Gravity Inversion Data Wildwood Significant Intersects on Volume Strain Model: - Plan View, Left. - Oblique view (looking NW), above. 10
Slide 11: Numerical Modelling-Volume Strain
NUMERICAL MODELLING-VOLUME STRAIN rsonal use only High flow rates Maximum dilation below areas of where dip changes dilation from steep to flat 11 NORTH STAWELL MINERALS
Slide 12: Challenger Prospect - Fluid Flow
CHALLENGER PROSPECT- FLUID FLOW rsonal use only 12
Slide 13: Old Roo Prospect - Fluid Flow
OLD ROO PROSPECT- FLUID FLOW rsonal use only • Large coincident magnetic and gravity feature (SGM) • Large anomaly needs a targeting vector to priories areas • 295 historic AC Collars. 13
Slide 14: Mantis "Better Exploration"
MANTIS 200 “BETTER EXPLORATION” rsonal use only First explorer to use in Victoria Deeper penetration through cover Higher success rate of angled drilling Less down shift due to maintenance No manual handling incidents- automation 14 NORTH STAWELL MINERALS
Slide 15: Mantis Advantages
MANTIS 200 ADVANTAGES rsonal use only Challenger: Phase 1 vs Phase 2 AC Drilling 42.13 Basement Penetration (m) 8.61 194 Meters/Day 80.16 95.80 Success Rate (%) 68.40 105.1 Average Hole Depth (m) 75.9 0 50 100 150 200 250 Mantis 200 (Phase 2) Mantis 80 (Phase 1) 15 NORTH STAWELL MINERALS
Slide 16: Mantis Fast Tracking Darlington Exploration
MANTIS 200 FAST TRACKING DARLINGTON EXPLORATION rsonal use only Schematic of Old Darlington Mine 1876 Increase depths of AC drilling brought in to AC Drilling in Crown Land focus the Darlington target. 16 NORTH STAWELL MINERALS
Slide 17: Darlington Excitement
DARLINGTON EXCITEMENT rsonal use only Kink=Dilation zone Test down-plunge extents of the higher grade Hydrothermal breccia from historic mullock Arsenopyrite and Po in recent drill core central zone following success from AC and DD . 1 Results as per ASX Release 28th March, 2023, “High Grade plungin
Slide 18: Stakeholder/Community Interaction
STAKEHOLDER/COMUNITY INTERACTION rsonal use only Land Access Agreements 2020 - Current 23 18 1 11 99 Active Long Term Expired Long Term Active Short Term Expired Short Term No Access 18 NORTH STAWELL MINERALS
Slide 19: Wildwood Renaissance
WILDWOOD RENAISSANCE Wildwood discovery snapshot: rsonal use only Regional magnetics flown 1993. Inferred Mineral Resource First hole: WAC001 Aug 1999. Exploration Target Discovery hole: WAC078 Apr 2002. Maslin Clontarf Declared resource: 2006. Inferred Mineral Resource (2019)1: 875,000t at 2.0 g/t
Slide 20: Wildwood Renaissance - Proof of Stawell Type Concept
WILDWOOD RENAISSANCE -PROOF OF STAWELL TYPE CONCEPT rsonal use only Wildwood Long section South North 0m 2023 Program • 3 diamond holes, 905m • Aim: increase oz’s and convert portion to Faulted (down-dropped) indicated. -300m Min. n.b. basalts not to scale 20 NORTH STAWELL MINERALS
Slide 21: Wildwood Renaissance - Diamond Drilling
WILDWOOD RENAISSANCE- DIAMOND DRILLING rsonal use only NSD050 NSD048, NSD049 Release of Review is imminent. NSD050 201.1-205.4m (Tray on display). Visible Gold 21 NORTH STAWELL MINERALS
Slide 22: NSM Exposing the Secrets
NSM EXPOSING THE SECRETS -BETTER SCIENCE, BETTER EXPLORATION rsonal use only Numerical Fluid Flow Modelling- Working smarter not harder AC Drilling with Mantis 200, testing new technologies Darlington excitement, persistence brings reward Wildwood Renaissance- Update imminent 22 NORTH STAWELL MINERA
Slide 23: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION rsonal use only This presentation has been approved for release to the ASX by Russell Krause, CEO of North Stawell Minerals Ltd. russell.krause@northstawellminerals.com 03 5358 9210 23 NORTH STAWELL MINERALS
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