Nordic Resources Limited. · ASX:NNL
Nordic Resources — Nordic Nickel — RIU Explorers Conference, Fremantle 2023
16 slides from Nordic Resources's conference presentation, February 2023
Slide 1: Exploring Finland's premier nickel belt
Exploring Finland’s premier nickel belt RIU Explorers Conference, Fremantle February 2023 ACN 647 455 105 NORDICNICKEL.COM
Slide 2: Important information
Important information DISCLAIMER AND FORWARD LOOKING STATEMENTS The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform
Slide 3: Nordic Nickel: Snapshot
Nordic Nickel: Snapshot • Recently-listed nickel sulphide explorer • Two high-quality, district-scale exploration assets in Northern Finland • Tier-1 jurisdiction highly prospective for nickel sulphides – Central Lapland Greenstone Belt • Highly-credentialled team with extensive nickel experience •
Slide 4: Critical minerals at a critical time
Critical minerals at a critical time Demand for class 1 Securing supply Finland is Central Lapland Nordic Nickel has nickel sulphides to in Europe of incentivising Greenstone Belt rights over grow to 2.5Mt by critical minerals is battery minerals (CLGB) is highly 515km2 of a 2040 (14.5% a strategic
Slide 5: Europe a hub for Ni and Batteries
Europe a hub for Ni and Batteries Nikkelvery Refinery Kristiansand 92kt pa Europe is the fastest growing >75 70 region for GWh/a GWh/a battery cell production Terrafame Smelter & Refinery Sotkamo, 37kt pa 160 Finland and Finland and >270 Nornickel Refinery Harjavalta, 66kt pa GWh/a Norway hostthe th
Slide 6: Projects
Projects Chasing Sakatti style analogues in Central Lapland Greenstone Belt Pulju Nickel Project (100%) • District scale, nickel-rich system • Near-surface disseminated nickel sulphides + potential for high grade massive sulphides at depth • Early geophysics shows similar EM signatures to Sakatti •
Slide 7: Pulju Project
Pulju Project Widespread nickel sulphide mineralisation • District scale land package • 51 holes drilled at Hotinvaara Prospect by Outokumpu looking for near surface nickel • Maiden 133.6Mt JORC (2012) Mineral Resource Estimate for 278,520t Ni and 12,560t Co1,2 • Dual exploration targets: i. near su
Slide 8: Pulju: Regional Geology
Pulju: Regional Geology Nickel occurrences associated with ultramafic host rocks • Same ultramafic lithologies as Sakatti and Kevitsa deposits • Nordic Nickel has rights over entire greenstone belt at Pulju Project (240km2) • 25km of continuous prospective strike • Hotinvaara Prospect covers only 2%
Slide 9: Hotinvaara Prospect: Historical Drill Results
Hotinvaara Prospect: Historical Drill Results Selected near surface Massive sulphide intersections* • Near surface disseminated nickel disseminated nickel intersections* sulphide mineralisation widespread, 97m @ 0.33% Ni from 102m in HOV-007 0.26m @ 9.61% Ni, 0.17% Cu and 0.36% Co incl. 18m @ 0.70%
Slide 10: Hotinvaara Prospect: Borehole EM (BHEM) Initial Results
Hotinvaara Prospect: Borehole EM (BHEM) Initial Results • 26 drillholes remain open (17 surveyed to date) • High conductance off-hole conductor (35m x 35m) in front of HOV-40 at 155m depth • intersects the 5% Ni massive sulphide intersection in HOV-32 • Off-hole conductor on northern side modelled a
Slide 11: Hotinvaara Prospect: Fixed Loop EM (FLEM) Results
Hotinvaara Prospect: Fixed Loop EM (FLEM) Results • Two large FLEM loops undertaken in December 2021 • Large deep-seated conductors observed at about 400m, 800m and 1500m depth • Conductor at 400m depth (blue plate) correlates plate identified in BHEM results, and is underlain with a larger, slightl
Slide 12: Hotinvaara Prospect: Drilling Underway
Hotinvaara Prospect: Drilling Underway • Hotinvaara diamond drilling program underway with 2,871m complete. • Visual observations indicates widespread sulphide mineralisation increasing the known footprint of prospective host rocks. • Approximately 30m of semi-massive and net-textured sulphides inte
Slide 13: Global Nickel Mining Camp Potential at Pulju
Global Nickel Mining Camp Potential at Pulju 1 ASX Outstanding Regional Nickel Potential Confirmed at Pulju, 10 August 2022 Source: Historic drill hole collar plan and assay highlights. Background image: total magnetic intensity (Source: GTK). NORDICNICKEL.COM | 13
Slide 14: Capital Structure
Capital Structure Company Overview Share Price ASX NNL $0.37c 115.25 m Share price1 Shares on issue $42.6m $0.25c Market capitalisation (A$) IPO price $9.75m Nil Cash (31 December 2022) Debt JORC Resource2,3 EV/Resource t Ni 278,520t Ni $118/t Ni 14.65m $32.8m 12,650t Co Total Options on Issue Enter
Slide 15: Investment Highlights: ASX:NNL
Investment Highlights: ASX:NNL Undervalued nickel sulphide explorer First class infrastructure, expertise Underexplored with modern poised to capitalise on explosion of and services techniques nickel demand Dual exploration targets Tier-1 jurisdiction highly prospective for nickel sulphides i. Disse
Slide 16: Contact Information
Level 12, 197 St Georges Terrace Contact Information Perth, Western Australia 6000 Todd Ross info@nordicnickel.com Managing Director NORDICNICKEL.COM
Nordic Nickel — RIU Explorers Conference, Fremantle 2023 on 6ix