Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (September 2022)
38 slides from Northern Shield Resources's investor presentation, September 2022
Slide 1: Corporate Webinar September 2022
Corporate Webinar September 2022 1
Slide 2: Forward Looking Statement
Forward Looking Statement This document contains statements concerning the potential gold, silver, copper and other mineralization at the Root & Cellar and Zuleika properties, geological, geophysical, geochemical and geometrical analyses and comparisons of the properties to known epithermal gold dep
Slide 3: Northern Shield Introduction and Key Assets
Northern Shield Introduction Key Assets Our Space Supported by hundreds of gold • Expansive terranes, anomalous surface samples, modelling of the data suggest Root • New ideas, & Cellar is underlain by a vast and complete epithermal gold system • Large targets Zuleika 100% Option Value Driven ROOT &
Slide 4: Root & Cellar - Gold
Root & Cellar - Gold Gold anomalous soil sample • The Property host prolific gold and copper mineralization over a BRAXTON-BRADLEY large area 2.5 g/t Au 128 g/t Ag, • The core of the property is 1.4% Cu underlain by a volcanic centre or “island” that, at the time, would WINDFALL have been very activ
Slide 5: Geological Model
Geological Model- Drop Zone Ag-Au-Te (Pb-Zn-Cu) Property Scale • Exploration model is based on a “telescoped” epithermal and copper porphyry system Windfall Ag-Au-Te +/-(Pb-Zn- Cu) Conquest Au-(Ag) Au-Ag Au-Ag Au Creston Cu-(Au) Cu TSX-V: NRN 5 www.northern-shield.com
Slide 6: Conquest: High Sulphidation Model
Conquest: High Sulphidation Model. • The geometry of the of the interpreted mineralization at the Conquest Zone may not be dissimilar to other known HS systems whereby lower-grade, ribbon-like lithocap mineralization extends beyond the higher grade and cross-cutting feeder zones TSX-V: NRN 6 www.nor
Slide 7: Conquest Zone - Gold
Conquest Zone- Gold Gold anomalous soil sample • The Conquest Zone lies at the centre of the volcanic sequence at Root & Cellar Breccia and vein-type type mineralization expected in north south • Footprint of the system has now grown to portions of targets 1,600 x 1600 meters and disseminated minera
Slide 8: Conquest Fault Zone
Conquest Fault Zone W Surface E • East-West trending fault that cuts entire property • Most prominent in the Conquest area where mineralization fluids from epithermal system have exploited the fault resulting in a 200 meter wide magnetic low corridor • The Conquest Fault Zone is cut by a series of I
Slide 9: Conquest Zone - Central and Western Targets
Conquest Zone- Central and Western Targets • Most of the gold seen at surface to date in the Conquest zone is exposed along East-West structures that have allowed gold bearing fluids to come to the surface. • Modeling suggests however that most of the gold is trapped below a cap rock and in north-so
Slide 10: Conquest: Western Target
Conquest: Western Target Late Bimodal Volcanic Sequence IP Anomaly S N 0m Dominantly Basalt Some mineralized veins penetrate up into rhyolites Locally pooling of mineralization at sub-horizontal contacts and unconformity Main vein and breccia pipe Earlier Andesite and Basalt expected below unconform
Slide 11: Conquest: Eastern Target
Conquest: Eastern Target East Conquest Targets • The Eastern Target is a distinct and strong magnetic low within the confines of the Conquest Fault Zone • It has one of the largest footprint of the epithermal gold targets of the Conquest Zone • The last line of the IP survey lines shows a strong IP
Slide 12: Conquest: Eastern Target
Conquest: Eastern Target The target is in a low-lying area, mostly covered by bog with no noted outcrop 2 Numerous gold mineralized boulders, up to 111.5 g/t Au, (yellow stars) have been found down-ice from the target What is believed to be sub-crop of gold mineralization was recently found at the w
Slide 13: Conquest: IP Line 5600
Conquest: IP Line 5600 2 Strong, at surface IP anomaly 111.5 g/t Au boulder Drill Target 100m TSX-V: NRN 13 www.northern-shield.com
Slide 14: Magnetics-IP
Magnetics-IP S N 2 • Good correlation between IP targets and Drill Target magnetic features S N TSX-V: NRN 14 www.northern-shield.com
Slide 15: Conquest: 111.5 g/t Gold
Conquest: 111.5 g/t GOLD TSX-V: NRN 15 www.northern-shield.com
Slide 16: Conquest: Visible Gold
Conquest: Visible Gold TSX-V: NRN 16 www.northern-shield.com
Slide 17: Conquest: Northern Target
Conquest: Northern Target • IP chargeability from -81 meter depth draped over magnetics Northern Conquest Targets • Northern IP targets are very similar to those in the southern Conquest Zone • More deeply buried, they are essentially blind targets TSX-V: NRN 17 www.northern-shield.com
Slide 18: Conquest: Northern Target
Conquest: Northern Target 5500E 5100E 5200E 5300E 5400E Late Bimodal W Volcanic Sequence E Unconformity Lithocap Mineralization North-South Feeder Zones Mineralized Structures • East-west magnetic section through northern Conquest • Mineralization interpreted from IP Chargeability anomalies. • Uncon
Slide 19: Rocks of the Northern Target
Rocks of the Northern Target Altered Pyroclastics Near complete silica replacement Vuggy quartz assaying 1.3 g/t of original rock along with strong Au. Both photos are typical of potassium alteration, 2.1 g/t Au. lithocap-style mineralization in Mudstone high sulphidation systems. Interlayered pyroc
Slide 20: Conquest Summary
Conquest Summary • The Conquest Zone has all the geological hallmarks of the upper levels of a vast epithermal gold system, perhaps transition from high sulphidation affinity in the east to low sulphidation in the west • Over 500 samples anomalous in gold covering an area measuring 1,600 x 1,600 met
Slide 21: Copper porphyry potential quote
“Although much of the exploration at Root & Cellar has focused on the gold, the copper porphyry potential is very real.” TSX-V: NRN 21 www.northern-shield.com
Slide 22: Root & Cellar Copper
Root & Cellar Copper Gold anomalous soil sample Copper anomalous soil sample Gold anomalous rock sample • 72 samples collected from Root & Cellar assay > Copper anomalous soil sample 0.1% Cu with 13 > 1% and, a high of 10.5% Cu • The best copper mineralization has been found at Creston, 2 km southwe
Slide 23: Root & Cellar Copper
Root & Cellar Copper • Much of the copper mineralization has been found in a series of quarries 2 km southwest of Conquest. • These quarries have exposed a large volcanic vent complex composed of vent breccias, phreatomagmatic breccias, rhyolite dykes and thin flows. Phreatomagmatic/vent breccia com
Slide 24: Root & Cellar Copper
Root & Cellar Copper • These types of breccias likely signify the presence of an underlying subvolcanic intrusion. Its is at the top of such an intrusion where copper porphyry mineralized could be expected Interpreted outline of breccia complex Outcrops of vent breccias TSX-V: NRN 24 www.northern-sh
Slide 25: Root & Cellar Copper
Root & Cellar Copper TSX-V: NRN 25 www.northern-shield.com
Slide 26: High-grade Copper
High-grade Copper Bornite and chalcopyrite in silica- Chalcopyrite in silicified and potassic orthoclase vein containing epidote altered Bornite and chalcopyrite in vent breccia altered vent breccia fragments TSX-V: NRN 26 www.northern-shield.com
Slide 27: Other Showings
Other Showings Rock sample from Drop Zone outcrop containing Braxton-Bradley hessite (silver telluride) Drop Zone Red Rock Drop Zone Braxton-Bradley Red Rock • High grade gold & • Gold with high • Gold silver silver • +/- Pb, Zn and Cu • Sporadic Cu • Elevated tellurium TSX-V: NRN 27 www.northern-sh
Slide 28: Correlation with Large VLF Anomaly
Correlation with Large VLF Anomaly VLF Total Field The Government of Newfoundland and Labrador Braxton-Bradley recently released a geophysical dataset covering Conquest the Burin Peninsula North It shows a large swath of Windfall conductive rock underlying the heart of Root & Cellar Very strong corr
Slide 29: Root & Cellar
Root & Cellar The large swath of conductive rock that underlies the heart of Root & Cellar stands out from the entire survey as a little unique. Root & Cellar TSX-V: NRN 29 www.northern-shield.com
Slide 30: Zuleika
Zuleika ZULEIKA PROPERTY – 100% Option Regional, crustal-scale fault zones throughout central Newfoundland are proving to be significant gold- mineralized structures: Zuleika is located adjacent to the Dover-Hermitage Bay Fault (DHB) which has similarities to the Dog Bay Line (DBL) on which New Foun
Slide 31: Zuleika
Zuleika 123 square kilometres 6 metre wide sheared Gold anomalous till sample First targeted for quartz vein with pyrite, Nickel anomalous till sample epithermal type gold by chalcopyrite, galena prospectors and other metallic minerals However, numerous boulders and a sheared quartz vein outcrop has
Slide 32: Zuleika
Zuleika Rhodochrosite (?) and possible acanthite (silver sulphide) in a strongly silicified andesite Such a mineral assemblage is more Acanthite? indicative of epithermal gold systems Rhodochrosite Sheared quartz vein hosting chalcopyrite, pyrite and galena. TSX-V: NRN 32 www.northern-shield.com
Slide 33: Zuleika
Zuleika Close up of pink carbonate (rhodochrosite?) and grey to black metallic mineral TSX-V: NRN 33 www.northern-shield.com
Slide 34: Planned Exploration H2
Planned Exploration H2 • Continued prospecting of shallow IP anomalies to confirm potential of near surface resource and to confirm the association • Mechanical trenching of any surface showing found through prospecting • Several IP test lines to be surveyed in an east-west direction over main Conqu
Slide 35: Executive Summary
Executive Summary Our Space Modeling of integrated geoscience While today, investors’ excitement is datasets along with on-going focused on orogenic gold in central surface sampling has outlined a Newfoundland, we believe tomorrow it very large epithermal gold-silver will also be drawn to epithermal
Slide 36: Corporate
Corporate CAPITAL STRUCTURE – Post Consolidation (Est) Common Shares O/S 58.1M Directors Fully Diluted 61.3M Russ Richards Private wealth manager in Stock Price C$0.07 (Chairman) Atlanta, Georgia Don Bubar CEO of Avalon Advanced Market Capitalization C$6M Materials Inc. Treasury C$100,000 Ian Bliss
Slide 37: Go Out on A Limb
Go Out on A Limb that’s where all the fruit is. Mark Twain One of the foundations of success, is a willingness to go out on a limb. That’s because all meaningful progress is preceded by the decision to take a calculated risk; to go out and do something we’ve never done before… …or explore where no o
Slide 38: Northern Shield represents A Unique Opportunity
“ Northern Shield represents A Unique Opportunity to be involved early in the advancement of a new discovery in a developing and under-explored gold and copper district.” TSX-V: NRN 38 www.northern-shield.com
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