Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (July 2016)
25 slides from Northern Shield Resources's investor presentation, Jul 15, 2016
Slide 1: A Unique Opportunity
TSX-V : NRN A Unique Opportunity Corporate Presentation July 15, 2016 TSX-V: NRN
Slide 2: Forward-looking statements
TSX-V : NRN 2 This document contains statements concerning the potential for PGE, Ni –CU and other mineralization at Idefix, Huckleberry and Sequoi; geological, geophysical, geochemical and geometrical analyses at Idefix, Huckleberry and Sequoi and other expectations, plans, goals, objectives, assum
Slide 3: Northern Shield Resources
TSX-V : NRN 3 Northern Shield Resources Experienced exploration company focused on platinum and palladium group element (“PGE”) deposits and Noril’sk style nickel-copper-PGEs Significant and unparalleled knowledge of the Ni-Cu-PGE potential of the Labrador Trough, Quebec Recognized as a world-leader
Slide 4: Experienced, world-renowned PGE exploration company overview and stock chart
TSX-V : NRN 4 OVERVIEW STOCK CHART (1 year) 52wk hi-lo: $0.22.5 - $0.01 Ticker TSX-V : NRN Common Shares O/S 183.6M Stock Price (June 30) C$0.17 Market Capitalization C$32.8M 3 Month Avg. Trading Vol. 18.8M Treasury (June 30) $1.3M Total Debt (Jun 30) $00M Fiscal Year End Dec 31 Major Shareholders T
Slide 5: Management, Directors and Advisors
TSX-V : NRN 5 MANAGEMENT • Ian Bliss - President, CEO, Director • Samuel Legg – Chief Financial Officer • Christine Vaillancourt - Chief Geologist • James O’Sullivan- Corporate Secretary (Norton Rose LLP) DIRECTORS • William Kiff - Chairman (formerly Foothills Oil and Gas Inc) • Dr. Scott Jobin-Beva
Slide 6: Corporate News and Exploration News
TSX-V : NRN 6 Corporate News Exploration News • VTEM completed on Huckleberry, Séquoi, Sé2, and Idefix: data is currently being processed and modelled. • Acquisition, through map • $1M investment by Commodity designation staking, of the Sé2 Discover Fund (CDF) property south east of Séquoi • CDF is
Slide 7: Option and Joint Venture Agreement with South32 on Huckleberry
TSX-V : NRN 7 NRN signed an Option and Joint Venture Agreement with South32 Ltd on the Huckleberry Property, Quebec (June 7, 2016) About South 32 • South32 is a globally diversified metals and mining company based in Perth, Australia employing over 14,000 people • Market capitalization of nearly $US
Slide 8: Huckleberry Option Terms
TSX-V : NRN 8 HUCKLEBERRY OPTION TERMS South32 50% earn-in: C$200,000 immediate to NRN Incur C$2.5M within two years including $1.2M in Year 1 South32 further 20% earn-in: Incur an additional C$2.5M in expenditures in Year 3 During earn-in NRN: Remains operator and receives 10% management fee Receiv
Slide 9: Why Quebec?
TSX-V : NRN 9 Raglan Nickel Belt Labrador IDEFIX Trough HUCKLEBERRY Why Quebec? • Mining friendly jurisdiction • Low political risk • ~30% tax refund on all exploration expenditures
Slide 10: Why the Labrador Trough?
TSX-V : NRN 10 Why the Labrador Trough? • Gabbro sills cover an area of 10,000 sq km, representing a massive source of mafic-ultramafic magma from which Ni, Cu and PGEs can be scavenged and concentrated
Slide 11: Cu-(Ni-PGE) mineralization discovered at Huckleberry in 2014
TSX-V : NRN 11 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
Slide 12: Extensive Cu-Ni-PGE mineralization
TSX-V : NRN 12 Extensive Cu-Ni-PGE mineralization • 3 km strike length averaging 1.2% Cu, 0.2% Ni, and 1.1 g/t PGE+Au. • Strong correlation of mineralization to magnetic portions of the Huckleberry Sill. • Mineralization is copper-rich and the result of segregation whereby the copper has separated f
Slide 13: Xenolith of semi-massive sulphides and brecciated norite boulder
TSX-V : NRN 13 • Discovery of a xenolith of semi-massive • Brecciated norite boulder assaying 4% sulphides assaying 1.2% Ni suggests Cu, 0.92 g/t PGE+Au the nickel-rich portion may be below the • Indicates a zone of higher grade copper copper or nearby in a conduit exists within the property that ha
Slide 14: Magmatic segregation at Huckleberry
TSX-V : NRN 14 The mineralization on surface at Huckleberry has formed from the result of “magmatic segregation” • Segregation occurs when the magma cools unusually slowly. The only way this can happen is if: 1) the magma chamber is very large or 2) there is a constance influx of fresh, hot, ultrama
Slide 15: Séquoi target could be even bigger
TSX-V : NRN 15 While the data collected to date suggest Huckleberry could be a giant ore deposit, the recently acquires Sequoi Target, could be even bigger. • Sequoi is a “blind” target located 10 kilometers east of Huckleberry.
Slide 16: Lake bottom sediment Ni and Cu anomalies
TSX-V : NRN 16 Huckleberry Séquoi Project Voisey Bay Lac Retty Raw Ni Raw Cu • Lake Bottom Sediment (LBS) samples collected by the Quebec government over the years show the southern portion of the Labrador Trough to be highly anomalous in Ni (blue dots) and Cu (green dots). • It has often been assum
Slide 17: Séquoi & Sé2 Properties
TSX-V : NRN 17 • The Ni and Cu dispersion train clearly appears to Séquoi & Sé2 emanate from the Séquoi Properties and Sé2 properties Residual Cu
Slide 18: Séquoi Property
TSX-V : NRN 18 EM conductors from 1980 Input Survey Séquoi Property Huckleberry Interpreted pools of massive sulphide Interpreted, flat-lying ultramafic intrusion
Slide 19: Exploration News
TSX-V : NRN 19 Exploration News • The Sé2 property covers an area underlain by the same series of structures that Northern Shield believes influences Sequoi. • Sé2 is one of 4 Northern Shield properties recently surveyed by VTEM for which results are now being modelled. 19
Slide 20: Séquoi Project scale comparison
WI) NORTHERN RESOURCES INC. Se \ Skm => Nebo-Babel aS I Mei ~1 Mt Cu (x Moz PGM) Voisey’s Bay — 2 Mt Ni Cu? | MtCu ~ 0.8 Moz PGM HB Mineralization {3} Host Intrusions TSX-V : NRN NORIL’SK- [ALNAKH SCALE COMPARISON Séquoi Project ® Jinchuan aieey Talnakh lg) S UW . / _ 13 Mt Ni dg — 4 Moz PCM Pe i Sz
Slide 21: Idefix Summary
TSX-V : NRN 21 Idefix Summary 10 g/t • Idefix was originally being explored 4 g/t as a “reef-type” PGE target funded by Implats from South Africa. 14 g/t 7 g/t 11 g/t • A PGE reef, 20-34 meters thick, 8 g/t PGE+AU averaging 0.2-0.5 g/t PGE was 16 g/t identified and can be traced over 7 4 g/t kilomet
Slide 22: Evidence of Massive Ni-Cu-PGE Sulphides at Idefix
TSX-V : NRN 22 IDEFIX Evidence of Massive Ni-Cu-PGE IDEFIX Sulphides at Idefix • The globules contain ~2% Ni, ~4% Cu and ~ 20 g/t PGE • They are very similar to the globules observed adjacent the massive sulphides at Noril’sk. 2 cm ~2% Ni • They indicate that a large pool of ~4% Cu high-grade Ni-Cu-
Slide 23: Idefix PGE Reef: The Target
TSX-V : NRN 23 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 24: Upcoming drill programs by property
TSX-V : NRN 24 HUCKLEBERRY PROPERTY • August/September Diamond Drill Program SÉQUOI PROPERTY • September Diamond Drill Program SÉ2 PROPERTY • July Rock/Soil Sampling • September Diamond Drill Program IDEFIX PROPERTY • June (2017) Diamond Drill Program • Further Ni-Cu-PGE Acquisitions
Slide 25: A Unique Opportunity…
TSX-V : NRN A Unique Opportunity… NORTHERN SHIELD RESOURCES Ian Bliss, President & CEO 55 Metcalfe Street +1.613-232-0459 x 1001 Suite 440 www. northern-shield.com Ottawa, ON Canada K1P 6L5 info@northern-shield.com TSX-V : NRN
Northern Shield Resources — Investor Presentation (July 2016) on 6ix