Class 1 Nickel & Technologies Ltd. · CSE:NICO
Class 1 Nickel & Technologies — Investor Presentation (October 2020)
30 slides from Class 1 Nickel & Technologies's investor presentation, October 2020
Slide 1: On a Fast Track Back to Nickel-Cobalt Sulphide Production
On a Fast Track Back to Nickel-Cobalt Sulphide Production Canadian Stock Exchange Ticker Symbol (CSE: NICO)
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) is being issued by Class 1 Nickel and Technologies Limited (the “Company”) for information purposes only. Reliance on this Presentation for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of
Slide 3: On a Fast Track back to Nickel-Cobalt Sulphide Production
On a Fast Track back to Nickel-Cobalt Sulphide Production A past production operation ( historical 2.0-4.0% nickel head grade) with 2 high-grade NI 43- 101 nickel sulphide Mineral Resources that remain open at depth and along strike (Nickel- Copper-Cobalt-PGE’s). Class 1 Nickel & Technologies Limite
Slide 4: Highly Regarded Nickel Experts
Highly Regarded Nickel Experts Vast experience in resource exploration and development Benjamin Cooper Tony Donaghy, BSc (Hons), P.Geo. President & Founder Principal Geological Consultant • 22 years of frontline capital market experience. • Internationally recognized expert in the global search for
Slide 5: Board of Directors
Board of Directors Strong financial backing and driven leadership in a rising class 1 nickel and cobalt market David Fitch Mathew Gibertson David Crevier Aamer Siddiqui Monique Hutchins Director Director Director Director & CFO Corporate Secretary • CEO & joint major shareholder of • Director with 2
Slide 6: Nickel Sulphide: Class #1 versus Class #2 Nickel
Class #1 versus Class #2 Nickel • Nickel sulphide mines produce nickel concentrates that are sold to smelters, which then convert the concentrate Nickel Use Class #1 Class #2 into the chemical nickel sulphate which is used by battery manufacturers (Class #1 Nickel) Sulphate Nickel Nickel Batteries ü
Slide 7: Battery & EV Market
Battery & EV Market Currently, battery Roughly half of the 2 Mt market Large scale adoption will In 2018, Glencore commissioned CRU to manufacturers make up less is derived from the mining of model the metal requirements of a 30% than 5% of the global 2 Mt nickel sulphide ore which then require more
Slide 8: The world's largest Auto and Tech companies require our high-quality class 1 nickel-cobalt
The world’s largest Auto and Tech companies require our high-quality class 1 grade nickel-cobalt sulphide supply • Class 1 Nickel’s Alexo Dundonald Project is an advanced permitted status, past producer with two high-grade NI 43-101 nickel sulphide Mineral Resources that remain open at depth and alo
Slide 9: The Alexo-Dundonald Nickel-Copper-Cobalt & PGE Projects, Timmins, Ontario, Canada
The Alexo-Dundonald Nickel-Copper-Cobalt & PGE Projects, Timmins, Ontario, Canada The right commodities in the right place and the right time • A past production operation (with historical 2.0-4.0% Ni head grade) with two advanced high-grade nickel sulphide deposits with combined NI 43-101 and histo
Slide 10: Alexo-Dundonald History
Alexo-Dundonald History The Alexo-Dundonald Project consists of the Alexo, Kelex, Dundonald North & Dundonald South Nickel deposits*. The Alexo deposit sits on the northeast arm of a large “Z”-shaped komatiite fold, while the Dundonald deposit sits on the southwest arm of the fold. A past production
Slide 11: The Alexo-Kelex Resources: Timmins, ON
The Alexo-Kelex Resources: Timmins, ON The Alexo and Kelex Mineral Resources extend along strike and depth and down plunge and will be extension drilled to add more tonnage to the current NI 43-101 Mineral Resource estimate. The majority of drilling and mining in the past 30 years has been shallow w
Slide 12: Local Geology and Mineralized Zones
Local Geology and Mineralized Zones Q4-2020 www.class1nickel.com 12
Slide 13: Local Geology and Mineralized Zones (inclined 3D view)
Local Geology and Mineralized Zones (inclined 3D view) Target Areas Mineralized Zones Alexo Fold Axis Zone Kelex Anticline Zone Syncline Drill hole Dundonald >0.3% Ni ry nda North Dundonald N Bo u rty Zone East PGE’s pe 1 Pro Mafic Volcanics s Clas Andesites Dundonald South Zones (A-G) Felsic Volcan
Slide 14: Alexo-Dundonald Resources
Alexo-Dundonald Resources • Total NI 43-101 compliant Indicated Mineral Resources of 571.7k tonnes at an average grade of 0.77% Ni plus Inferred Mineral Resources of 67.2k tonnes at an average grade of 0.63% Ni and only includes the the Alexo and Kelex Mineral Resources, which extends along strike,
Slide 15: Alexo-Kelex: Existing Mineral Resources Open at Depth and Along Plunge
Alexo-Kelex: Existing Mineral Resources Open at Depth and Along Plunge 3D view of the Alexo & Kelex deposits Aerial photograph of the Alexo & Kelex deposits looking along strike to the east with drill hole traces ALEXO KELEX Q4-2020 www.class1nickel.com 15
Slide 16: Kelex Deposit – Net Smelter Return Block Model
Kelex Deposit – Net Smelter Return Block Model W E Mineralized Trends Surface Proposed DDH • The Block model shows clear trends down plunge within the mineralized zone. There are intersections below limits of the block model but were too widely spaced Indicated Mineral from other drill holes Resourc
Slide 17: 3D Image of Dundonald South
3D Image of Dundonald South • Drilling has outlined eight east- west nickel-bearing sulphide zones, (A to H), defined at shallow levels (<200 metres depth). Most of the lenses are open at depth and along strike. Historical Mineral Resources have been estimated at 750,000 tonnes at 1.5% Ni by Falconb
Slide 18: Dundonald South Zone Highlights & Nickel-Bearing Sulphide Zones (A to F)
Dundonald South Zone Highlights & Nickel-Bearing Sulphide Zones (A to F*) • A Zone: The A zone is a fracture system with brassy pentlandite/pyrrhotite mineralization consisting of thin fracture fillings, patches, and semi-massive to massive zones. The main portion of the A zone is a very steep west
Slide 19: Dundonald South Zone Highlights & Nickel-Bearing Sulphide Zones (G)
Dundonald South Zone Highlights & Nickel-Bearing Sulphide Zones (G*) G Zone: The G zone was traced for a strike length of 600 m and is open to the east. HOLE % NI % CU LENGTH (M) The G zone has four high grade nickel shoots all plunging southwest and open down plunge. NUMBER FND04-01 0.62 0.0 2.30 T
Slide 20: Dundonald South Zone Highlights & Nickel-Bearing Sulphide Zones (H)
Dundonald South Zone Highlights* & Nickel-Bearing Sulphide Zones (H*) • H Zone: The H zone is the stratigraphic highest of the nickel sulphide zones. It is a discontinuous zone typically located 30 m north of the southern Dundonald Sill. It is comprised of fine-grained disseminations to blebs of pyr
Slide 21: Global Nickel Sulphide Peers
Global Nickel Sulphide Peers The grade at Class 1 Nickel’s Dundonald South deposit* is a standout amongst its peers $202m $341m $355m $927m 4.0% 200 3.5% 175 3.0% 150 2.5% 125 2.0% 100 1.5% 75 1.0% 50 0.5% 25 - - ld s ge h) s el s el on l) ne r ic g ) als x) a ld co al ru in al m ba m ck ck Go ele u
Slide 22: Global Nickel Sulphide Peers
Global Nickel Sulphide Peers Class 1 Nickel is planning on an aggressive exploration program to expand on its existing high-grade resource. The last drilling program was completed at Alexo-Kelex in 2011, and Dundonald in 2005. 278kt 396kt 518kt 726kt 2.5Mt 4.8Mt 5.7Mt 6.6Mt 5.0% 250,000 4.0% 200,000
Slide 23: Global Nickel Sulphide Peers
Global Nickel Sulphide Peers Class 1 Nickel’s brownfields projects are located in a Tier 1 jurisdiction Company Name Project Name Location Status Resource Reserve Capex Class 1 Nickel Alexo-Dundonald ON & QC, Canada Brownfields restart, exploration program and PEA planned for 2020 ü û N/A Wallbridge
Slide 24: Capital Structure & Metals Prices
Capital Structure & Metals Prices CSE Symbol: NICO Nickel Chart YTD (as of October 1, 2020) Cobalt Chart YTD (as of October 1, 2020) Shares Outstanding: 99,764,144 Options: Nil Warrants: Nil Market Capitalization: 74,823,108 Price as of Jan 2, 2020: U$13,070.00 per tonne Price as of Jan 2, 2020: U$3
Slide 25: Elon Musk, the single largest buyer of batteries on the planet, said in 2016
Elon Musk, the single largest buyer of batteries on the planet, said in 2016, “Our cells should be called nickel-graphite cells. [there’s] a little bit of lithium in there, but it’s like the salt on the salad”. • Nickel Sulphate which is a derivative of Nickel Sulphide is used in EV battery cathodes
Slide 26: Contact Information
Contact Information Toronto – Head Office: 82 Richmond Street East Tel: +1.416.454.0166 Toronto, ON, M5C 1P1 E: info@class1nickel.com Montreal Office: 600 - 2075 Robert-Bourassa Website: www.class1nickel.com Montreal, QC, H3A 1L1 Twitter: @ClassNickel New York Office: Listed on the Canadian Securiti
Slide 27: Nickel and Technologies
NICKEL AND TECHNOLOGIES a : i On a rast lirack Back to Nickel-Cobaltt Sullnicke Proclear
Slide 28: Appendix: Nickel Uses and NCM Market
Appendix Nickel Uses and NCM Market Q4-2020 www.class1nickel.com 28
Slide 29: Nickel End Use
Nickel End Use • Following its invention in 1913, nickel-containing stainless steel rapidly became a popular choice in architecture, building and construction. Many structures using nickel-containing stainless steel have since become architectural design icons. • Energy and power are essential for a
Slide 30: NCM is the Preferable Cathode Material for Li-Ion Batteries
NCM is the Preferable Cathode Material for Li-Ion Batteries • A Li-ion Battery is composed of four main parts: cathode, anode, electrolyte Adoption rate per Chemistry in EV battery Market (global) and separator. • The Battery type is usually named after its cathode materials such as NCM battery or L
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