16 slides from Northstar Gold Corp. Class A's investor presentation, May 2, 2023
Slide 1: Milestone Cu-Ni-Co Property: A Critical Minerals Option Opportunity
Milestone Cu-Ni-Co Property A Critical Minerals Option Opportunity May 2, 2023 CSE: NSG OTCQB: NSGCF FSE: 3WV
Slide 2: Forward Looking Statement
Forward Looking Statement Statements in this corporate presentation contain forward looking information including expectations of future production and commodity prices, drilling and exploration plans, timing and amounts of capital expenditures and future expenditure levels. Readers are cautioned th
Slide 3: Company Overview
Company Overview About Northstar Property Portfolio (100% Owned) Northstar is focused on exploration, Flagship Project development and acquisition of quality ▪ Miller Gold / Rosegrove Properties exploration properties in the prolific Abitibi Greenstone Belt and Kirkland Lake Alkalic intrusion-hosted
Slide 4: Milestone Cu-Ni-Co Critical Minerals Property
Milestone Cu-Ni-Co Critical Minerals Property Located 400km North of Toronto, Near Temagami, Ontario 2023 4
Slide 5: Milestone – Property Highlights
Milestone – Property Highlights ▪ Mafic intrusion associated Cu-Ni-Co Critical Minerals Property ▪ Nickel and Cobalt concentrations appear to be located along the same geologic trend as the former producer higher than previously reported Temagami Copper Mine (>900,000 tons mined @ 6% Cu between 1955
Slide 6: Milestone Property
Milestone Property 600+ ha, 100%-owned Mafic Intrusion Related Cu-Ni-Co Critical Minerals Project 2023 6
Slide 7: Available Critical Minerals Strategy Benchmark Property
Available Critical Minerals Strategy Benchmark Property Leveraging off Mineral Endowment, Access and Infrastructure ▪ The Milestone Property exhibits similar KANICHEE geology, mineralization, stratigraphic setting CU-NI MINE and alteration as Teck Resources former high-grade Temagami copper mine loc
Slide 8: Milestone is 20km along strike from Historic Temagami Copper Mine
Milestone is 20km along strike from Historic Temagami Copper Mine >900,000 Tons Mined @ 6% Cu Between 1955 and 1972 1 Highest Grade Copper Mine in Canada (1) Ontario Ministry of Energy, Northern Development and Mines Mineral Deposit Inventory Record MDI41I16NE00004: Temagami Copper Mine, Copperfield
Slide 9: Milestone – a Historic Teck Resources Property near Temagami, ON
Milestone – a Historic Teck Resources Property situated 3 km SW of Temagami, ON Includes the Diadem deposit, estimated to contain a historic estimate of 500,000 Tons grading 0.5% Cu and 0.1% Ni and remains open along strike and at depth* Historic drill results include 0.47% Cu and 0.16% Ni over 8.4m
Slide 10: Open Along Strike and to Depth
Open Along Strike and to Depth Northstar Defines >1.0kmCu-Ni-Co Massive Sulphide Trend on the Milestone Property Significant Cu-Ni-Co and anomalous precious metal (Au, Ag, Pd, Pt) assays recently returned from numerous surface samples containing massive to semi- massive sulphides collected over a >1
Slide 11: Milestone Property Mafic Intrusion Hosted Copper–Nickel–Cobalt Targets
Milestone Property Mafic Intrusion Hosted Copper – Nickel – Cobalt Targets ▪ Exploration targets include the historic Diadem deposit and O’Connor prospect. ▪ The Diadem deposit was estimated to contain a non-43-101 compliant historic estimate of 500,000 Tons grading 0.5% Cu and 0.1% Ni* and remains
Slide 12: 2022 High Resolution UAV Magnetic Survey delineates Diadem and O'Connor Zones
2022 High Resolution UAV 3D Inversion of Magnetic Data on the Milestone Property Magnetic Survey delineates Diadem and O’Connor Zones from with Historic Drilling Results near surface to depths of 280 metres and 400 metres ▪ Two new anomalies have been identified along the metagabbro contact, with on
Slide 13: Near Surface Copper Zones Open to Expansion and New Discoveries
Milestone Property – Near Surface Copper Zones Open to Expansion and New Discoveries ▪ Recent exploration has verified historic surface assay results in the Diadem and O’Connor Zones and a new Cu-Ni-Co massive sulphide “Central Zone” has been discovered between them. Possibly associated with a miner
Slide 14: Weighted Average Muck and In-Situ Assays from Zones on the Milestone Property
Weighted Average Muck and In-Situ Assays from 4 Zones on the Milestone Property Sample No. of Zone Weight Cu (%) Ni (%) Co (%) Au (g/t) Ag (g/t) Pd (g/t) Pt (g/t) Cu Eq (%)* Samples (kg) Diadem 8 21.17 0.72 0.26 0.047 0.16 2.57 0.12 0.06 1.93 O’Connor 13 25.98 0.7 0.23 0.068 0.19 0.72 0.15 0.06 1.97
Slide 15: Milestone UAV 3D Magnetic Inversion – 200m Depth Slice
Milestone UAV 3D Magnetic Metagabbro Contact Hosting Massive Inversion – 200m Depth Slice Sulphides Open Along Strike to the SW 2023 15
Slide 16: Milestone – Future Exploration Recommendations
Milestone – Future Exploration Recommendations ▪ Ground truthing and sampling of magnetic features and possible dike-like semi-massive Milestone is a drill-ready Critical to massive sulphide lenses proximal to the Diadem deposit Minerals Property available for option ▪ Follow-up surface sampling to