Nuinsco Resources Limited · CSE:NWI
Nuinsco Resources — Investor Presentation (September 2011)
34 slides from Nuinsco Resources's investor presentation, September 2011
Slide 1: Building on 40 Years of Exploration Success
Building on 40 Years of Exploration Success Now Creating Opportunity in the MENA Region TSX:NWI September, 2011
Slide 2: Disclaimers
2 Disclaimers This document contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information. This f
Slide 3: Nuinsco Resources Limited - Overview
3 Nuinsco Resources Limited - Overview One of Canada’s most experienced exploration companies Over 40 years of exploration success, management continuity Track record of spinning out projects to create value Current assets provide platform to create value by establishing standalone companies
Slide 4: NWI: Exploration Success & Value Creation
4 NWI: Exploration Success & Value Creation Rainy River 17 Zone (Au) Victory Nickel (Ni) •Discovered • Spun out •Now 5 M oz Overseas Expansion Cameron Lake (Au) •Discovered 34 Zone (Ni/Cu/Au/PGE) • Egypt •Discovered • Turkey •Developed Aldermac Lac Rocher (Ni/Cu) • Other? •Discovered 8 Zone (Cu/Zn/A
Slide 5: Near Term Value Drivers
5 Nuinsco Resources Limited Near Term Value Drivers 1. Egypt – Two gold concessions with Egyptian partner 2. Diabase Peninsula uranium project drilling 3. Prairie Lake rare metals project drilling 4. Berta & Elmalaan copper/gold/zinc/moly exploration 5. Chibougamau Assets 6. New Sudan asset 7. Creat
Slide 6: Diabase Peninsula Uranium Project
6 Diabase Peninsula Uranium Project Saskatchewan contains 65% of known capacity for global uranium Unconformity uranium deposits are extremely profitable mining operations 11 deposits contain 1,670 million lbs U308 with an average grade of 11.8% TSX:NWI
Slide 7: Diabase Peninsula Uranium Project
7 Diabase Peninsula Uranium Project 87%/13% joint venture, 22,000 hectares Named as leader in race to find the next uranium “Super Deposit” in Athabasca Basin by Manitoba-Saskatchewan Prospectors & Developers Association TSX:NWI
Slide 8: Diabase Peninsula Uranium Project
8 Diabase Peninsula Uranium Project 2009-2010 fieldwork to date Extension of gravity coverage to new areas of property Geochem surveys – cheap method to expand project coverage Result is a combined anomalous domain in the north part of the property with drill hole confirmation of anomaly (ND-0
Slide 9: Prairie Lake Rare Metals Project
9 Prairie Lake Rare Metals Project 100% owned, easily accessible, near Marathon and Terrace Bay, Ont. Carbonatite complex with phosphorous, niobium, tantalum, uranium, REEs and others with industrial applications such as wollastonite and carbonate Historic resource: Newmont/Nuinsco >180,000 to
Slide 10: Prairie Lake Rare Metals Project
10 Prairie Lake Rare Metals Project Prairie Lake Hill Looking East TSX:NWI
Slide 11: Prairie Lake Rare Metals Project
11 Prairie Lake Rare Metals Project ETMI ETMI of 330-360 million tonnes averaging 3.5% to 3.7% P2O5 and 0.12% to 0.14% Nb2O5 (1.2 to 1.4 kg/tonne) using just 12% of surface area of Complex Flotation has produced a concentrate grading approximately 20% P2O5 2km trenching: grades up to 6.14% P2O
Slide 12: Chibougamau Assets
12 Chibougamau Assets Control of Chibougamau mining camp: produced ˃ 3.4Moz Au, 1.6Blb Cu Eight previous producers 11,000 ha exploration properties High-grade Corner Bay copper deposit 446Kt @ 5.58% Cu (181Kt @ 5.07% Cu measured and 265Kt @ 5.93% Cu indicated); inferred 1.4Mt @ 6.76% Cu
Slide 13: Strategic Investments
13 Strategic Investments Coventry Resources Limited NWI Received $6 million in cash Equity position in Coventry 3% NSR on Cameron Lake Total value ~$12 million TSX:NWI
Slide 14: Egypt - Gold
14 Egypt - Gold New frontier gold exploration opportunity TSX:NWI
Slide 15: Why Egypt?
15 Why Egypt? Untapped Opportunity Law restructured to allow foreign investment in gold Government is motivated to build a gold mining industry Prospective geology with demonstrated economic gold mineralization “Island arc, orogenic and cratonization” stages have all affected the Nubian Shie
Slide 16: Egypt
16 Egypt Timeline Jan. 2009: First visit Oct. 2009: NWI, through 50%- owned subsidiary Z-Gold, enters bidding for gold concessions Feb. 2010: Z-Gold wins bids on Bukari & Umm Samra gold concessions in Eastern Desert Sept. 2010: Bukari concession agreement finalized with EMRA Sept. 2010: Fi
Slide 17: Egypt
17 Egypt Eastern Desert – typical terrain Gold production dates from Pharaonic and Roman times Limited examination (dominantly by EMRA) of showings provides numerous multi-gram assays from sample sites Entire region is essentially un- explored using modern techniques – virtually no diamond dri
Slide 18: Egypt/Sudan
18 Egypt/Sudan Arabian-Nubian Shield In the Eastern Desert alone – more than 100 known historic gold occurrences Regional potential in other parts of the Arabian – Nubian Shield Potential for mineralization other than gold Extends into Saudi Arabia, Sudan, Jordan, Eritrea, Ethiopia, Yemen TS
Slide 19: Bukari: Historical Results
19 Egypt Bukari: Historical Results TSX:NWI
Slide 20: Bukari: Nuinsco Surface Sampling Results 2011
20 Egypt Bukari: Nuinsco Surface Sampling Results 2011 *Grab samples are selective by nature and are unlikely to represent average grades on the property. TSX:NWI
Slide 21: Bukari Historical Results
21 Egypt Bukari Historical Results TSX:NWI
Slide 22: Bukari: Nuinsco Surface Sampling Results 2011
22 Egypt Bukari: Nuinsco Surface Sampling Results 2011 *Grab samples are selective by nature and are unlikely to represent average grades on the property. TSX:NWI
Slide 23: Sudan J.Tobar Licence
23 Sudan J.Tobar Licence Exploration and Exploitation Agreement has Been Executed Located NE Sudan Approx. 3400 km2 Nubian Shield rocks Known gold mineralization TSX:NWI
Slide 24: J.Tobar Licence – Hamil Vein System
24 Sudan J.Tobar Licence – Hamil Vein System TSX:NWI
Slide 25: J.Tobar Licence – Hamil Vein System
25 Sudan J.Tobar Licence – Hamil Vein System Average Maximum Total Vein Length Vein Width Vein # Chips Grabs Grade g/t Grade g/t Samples (m) (m) (Au)1 (Au) 1 54 43 11 324 1.34 16.07 277.00 (includes) 22 18 4 101 1.95 35.34 277.00 (includes) 15 10 5 96 0.68 5.00 21.9 1a 11 10 1 81 0.74 1.51 8.31 (inc
Slide 26: Why Turkey?
26 Why Turkey? Mineral Potential Beginning to be Revealed Turkey is a producer of precious and base metals Turkey hosts gold and copper deposits comparable with the Andes and the southwest Pacific metallogenic belts Wide spectrum of deposits represented from those occurring in island arcs to thos
Slide 27: Turkey Timeline
27 Turkey Timeline October 2005: JV signed with Noranda (now Xstrata) on Berta Cu/Au/Moly porphyry December 2005: LOI signed to acquire 100% of Elmalaan Cu/Zn VMS property February 2007: massive sulphide intersected in first hole at Elmalaan April 2007: drilling intersects 700+ metres of con
Slide 28: Turkish Projects: Berta
28 Turkish Projects Berta Large porphyry copper/gold/molybdenum Joint venture with Xstrata Largest copper anomaly, 15 km3, in the Turkish Pontides Extraordinarily anomalous copper obtained in 2007 drilling: 710 m of 0.28% Cu, 0.07 g/t Au TSX:NWI
Slide 29: Turkish Projects: Elmalaan
29 Turkish Projects Elmalaan VMS Copper/Zinc, 100% owned Massive sulphide identified in outcrops: 30.80% Cu, 56.30% Zn Multiple intercepts of strong zinc mineralization (10% combined results) Licences being transferred to Nuinsco Madencilik (Turkey) Substantial field program approved to co
Slide 30: MENA Region – What's Next?
30 MENA Region – What’s Next? Focus and Expansion Evaluate creation of MENA- focused company from existing Egyptian, Sudan and Turkish assets Publicly list MENA-focused company on Toronto Stock Exchange Evaluate listings on other stock exchanges in MENA region Systematically explore existing pro
Slide 31: Coventry Resources Limited
31 Coventry Resources Limited Since acquiring the Project in April 2010 CVY has: A concerted and systematic exploration program has been in progress, Project area quadrupled to 12,800 hectares, High quality regional datasets are being acquired, 139 line km of Induced Polarisation (IP) data a
Slide 32: Management
32 Management René R. Galipeau Vice-Chairman, CEO & Director 35+ years international mining experience with Hudson Bay Mining, Breakwater Resources, Lac Minerals, Rio Algom Paul L. Jones President Exploration professional with 28 years experience with more than 20 junior companies, Nuinsco’s QP Alis
Slide 33: Qualified Independent Board
33 Qualified Independent Board Robert Wardell Chairman, C.A., BSc, 38 years experience, national partner Deloittes., Director of Katanga Mining, Elgin Mining, Allied Nevada George F. Archibald Geologist, 40+ years experience and seven discoveries with Falconbridge & Nuinsco W. Warren Holmes Engineer
Slide 34: Summary
34 Summary All the Tools for Exploration Success and Wealth Creation Continuous history of discoveries over a 40-year period Experienced and diverse Board of Directors and management team Track record of value creation Experienced at creating pure play companies Critical mass in-place with MENA
Nuinsco Resources — Investor Presentation (September 2011) on 6ix