Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (March 2016)
23 slides from Northern Shield Resources's investor presentation, March 2016
Slide 1: Corporate Presentation
Corporate Presentation NRN: TSX Venture March 2016 A unique opportunity…
Slide 2: Northern Shield focus on PGE and Ni-Cu-PGE deposits
2 • Northern Shield is focused on exploring for platinum group element (“PGE”) deposits and Noril’sk style nickel- copper-PGE deposits primarily in the Labrador Trough of Northern Quebec. • Northern Shield has become known around the world as a leader in grass roots exploration for PGEs and the unde
Slide 3: Raglan Nickel Belt, Idefix and Huckleberry
3 Raglan Nickel Belt Labrador IDEFIX Trough HUCKLEBERRY Quebec • Mining friendly jurisdiction • Low political risk • ~30% refund on exploration expenditures
Slide 4: Why the Labrador Trough
4 Why the Labrador Trough • Located on a cratonic/intracratonic margin similar to the Fraser Range, ideal setting for Ni-Cu-PGE deposits • Sills cover and area of 10,000 sq km, representing a massive volume of mafic-ultramafic magma from which Ni, Cu and PGEs can be scavenged and concentrated Labrad
Slide 5: Huckleberry Property Nearby Infrastructure
5 Huckleberry Property Nearby Infrastructure The Schefferville area is best known for its iron-ore deposits but the potential for large-scale magmatic Cu-(Ni-PGE) mineralization has largely been overlooked.
Slide 6: 2014 discovery of Cu-(Ni-PGE) mineralization at Huckleberry
6 In 2014, Northern Shield discovered Cu- (Ni-PGE) mineralization at Huckleberry and subsequent exploration has confirmed the mineralization to be very extensive. Of the 147 samples collected from Huckleberry, 97 assay greater than 0.3% Cu with an average grade of 1.1 % Cu, 0.2% Ni and 0.8 g/t PGE+A
Slide 7: Western Zone, Discovery Zone, High-Grade Boulder
7 Western Zone Huckleberry Sill Complex • 3 kilometer strike length • 70 samples > 0.3% Cu • Average 1.2% Cu, 0.2% Ni, 1.1 g/t PGE+Au Discovery Zone • Continuously mineralized over a 600 m strike length and up to 100 m wide • 50 samples > 0.3% Cu • Average 1.4% Cu, 0.2% Ni, 1.3 g/t PGE+Au High-Grade
Slide 8: Huckleberry explored as giant Ni-Cu-PGE massive sulphide deposit
8 • Much of the mineralization found on surface to date is copper-rich and likely the results of segregation through fractional crystallization. • Evidence suggests the nickel-rich portion may be at depth or nearby. • Most magmatic copper deposits formed from the results of segregation are very larg
Slide 9: Nickel-rich Xenolith
9 Nickel-rich Xenolith • A large gabbro xenolith hosting semi- massive sulphides was observed in outcrop at the base of a layer of Olivine Melagabbro • 1.17% Ni, 0.83% Cu & 1.08 g/t PGE+Au The xenolith confirms that nickel-rich, semi-massive sulphides exist somewhere nearby in the magmatic system
Slide 10: Sample assay table by zone
10 Zone Sample Cu (%) Ni (%) Au (g/t) Pt (g/t) Pd (g/t) PGE+Au (g/t) Upper GPG 424515 0.82 0.04 0.13 0.23 0.52 0.89 Olivine 424501 0.62 0.27 0.05 0.07 0.27 0.39 Melagabbro Olivine 424517 0.95 0.31 0.10 0.13 0.45 0.67 Melagabbro GPG 424502 2.36 0.04 0.11 0.09 0.27 0.48 GPG 424503 1.00 0.10 0.09 0.16
Slide 11: Rock types and assay grades
11 Taxitic Olivine Melagabbro Brecciated Anorthosite • 0.8% Cu, 0.3% Ni, 0.5 g/t PGE+Au. • 0.3% Cu • 0.1% Ni • 0.5 g/t PGE+Au. Glomeroporphyritic Gabbro Brecciated Xenocrystic Serpentinite • 1.5% Cu, 0.15% Ni,1.4 g/t PGE+Au. • 1.1% Cu • 0.4% Ni • 0.5 g/t PGE+Au.
Slide 12: Copper-rich Boulder
12 Copper-rich Boulder • 4% Cu, 0.14% Ni, 0.92 g/t PGE+Au • Lithology of the boulder is consistent to what is seen elsewhere within the property Suggests that there is more high-grade copper mineralization yet to be found on surface at Huckleberry
Slide 13: Copper & PGE-rich Metasedimentary Xenolith
13 Copper & PGE-rich Metasedimentary Xenolith • A xenolith of re-melted country rock was found within the Western Zone at Huckleberry which assayed 1.6% Cu & 0.97g/t PGE+Au. • To form replacement ores in country rock requires a very large volume of hot magma or constant replenishment of magma: key c
Slide 14: Huckleberry Western Zone Magnetic Signature
14 Huckleberry Western Zone Magnetic Signature Complex • Strong correlation of Cu-Ni-PGE mineralization to magnetic portions of the Huckleberry sill. Large magnetic anomaly (yellow outlines) could represent mineralization continuing at depth Nickel-rich Zone?
Slide 15: Extensive Cu-Ni-PGE mineralization discovered at Huckleberry
15 • Northern Shield has discovered extensive Cu-Ni-PGE mineralization at Huckleberry in a very short period of time. 3 km strike length averaging 1.2% Cu, 0.2% Ni, and 1.1 g/t PGE+Au. • Huckleberry and the Labrador Trough in general have strong similarities to the Noril’sk-Talnakh deposit and reg
Slide 16: Chief Geologist quote on segregated mineralization
16 “The extensive copper mineralization found on surface at Huckleberry is indicative of a segregated deposit whereby the copper has separated from the nickel. The discovery of a xenolith hosting nickel-bearing semi-massive sulphides suggests that the nickel-rich portion may lie underneath. The comp
Slide 17: Idefix Property PGE Fertile
17 PGE Fertile Of the 1,614 samples collected at Idefix, 934 assay greater than 0.1 g/t PGE+Au Idefix Property Brian Property
Slide 18: Evidence of Massive Ni-Cu-PGE Sulphides at Idefix
18 IDEFIX Evidence of Massive Ni-Cu-PGE IDEFIX Sulphides at Idefix • “Globules” of sulphide were observed in nearly every drill- hole along the 2.5 km Idefix Ridge 2 cm • The globules contain ~2% Ni, ~2% Ni ~4% Cu and ~ 20 g/t Pd ~4% Cu ~20 g/t Pd • They are very similar to the globules observed adj
Slide 19: Idefix PGE Reef: The Target
19 IDEFIX PGE REEF The Target • Interpretations of available data suggest that the source of the sulphide globules present in every drill- hole along the Idefix Noril’sk-type Ridge would be located Ni-Cu-PGE 4-500 meters down-dip massive sulphides
Slide 20: Focus, Symbol, Shares Outstanding, Major Shareholders
20 Focus Platinum Group Elements Nickel-Copper Location Northern Ontario, Quebec Symbol NRN: TSX-V Last Price $0.02 Shares Outstanding 158.6 million Fully diluted 166 million 52 Week High/Low $0.04/$0.01 Major Shareholders Management and Directors: 6.0% O/S Teck Resources Limited: 7.5% O/S HudBay Mi
Slide 21: Directors, Management, Advisors
21 DIRECTORS • William Kiff - Chairman (formerly Foothills Oil and Gas Inc) • Ian Bliss • Dr. Scott Jobin-Bevans (former President of PDAC) • Dr. Neil Bliss (formerly with Alcan International Ltd) • Marcus Archer (Norton Rose Fullbright LLP) MANAGEMENT • Ian Bliss - President, CEO, Director • Samuel
Slide 22: A Unique Opportunity…
A Unique Opportunity… Ian Bliss, President & CEO 55 Metcalfe Street Suite 440 Ottawa, Ontario +1.613-232-0459 x 1001 K1P 6L5 www. northern-shield.com Canada info@northern-shield.com
Slide 23: Forward-Looking Statements Advisory
Forward-Looking Statements Advisory This document contains statements concerning the potential for PGE, Ni –CU and other mineralization at Idefix and Huckleberry geological, geophysical, geochemical and geometrical analyses at Idefix and Huckleberry and other expectations, plans, goals, objectives,
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