Nickel Creek Platinum Corp. · TSXV:NCP
Nickel Creek Platinum — Precious Metals Summit Beaver Creek 2023
20 slides from Nickel Creek Platinum's conference presentation, September 2023
Slide 1: Metals for the New Economy
TSX: NCP | OTCQB: NCPCF METALS FOR THE NEW ECONOMY PRECIOUS METALS SUMMIT BEAVER CREEK SEPTEMBER 12 - 15 2023 INVESTOR DECK2019
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS THE INFORMATION CONTAINED IN THIS PRESENTATION (“PRESENTATION”) HAS BEEN PREPARED BY NICKEL CREEK PLATINUM CORP. (“NICKEL CREEK” OR THE “COMPANY”) AND IS BEING COMMUNICATED FOR GENERAL BACKGROUND INFORMATIONAL PURPOSES ONLY. EXCEPT AS REQUIRED BY APPLICABLE LAW, THE PRESENTATIO
Slide 3: Why Nickel Creek Platinum – Investment Highlights
WHY NICKEL CREEK PLATINUM – INVESTMENT HIGHLIGHTS ▪ District-scale Polymetallic Deposit with Excellent ▪ Positive Pre-Feasibility Study completed Expansion Potential positioning the company for Feasibility ▪ Nickel Shäw Project hosts one of the world’s ▪ Advanced technical studies to produce saleabl
Slide 4: Capital Structure
CAPITAL STRUCTURE SHARE INFORMATION NCP Share Price (C$) TSX: NCP, OTCQB: NCPCF Shares Outstanding 466.1 million Stock Options 40.5 million Restricted Share Units (RSUs) 0.7 million Deferred Share Units (DSUs) 4.6 million Warrants 162.1 million Fully Diluted 674.0 million MARKET CAPITALIZATION Share
Slide 5: Board of Directors – Every Aspect of the Industry Covered
BOARD OF DIRECTORS – EVERY ASPECT OF THE INDUSTRY COVERED Myron G. Manternach, B. Sc., MBA, Chairman Stuart Harshaw, P.Eng., MBA, Director Over 25 years experience in corporate finance, mergers and President & CEO of Nickel Creek Platinum Corp. acquisitions, and investment management with extensive
Slide 6: Nickel Demand
NICKEL DEMAND • Stainless steel continues to dominate the consumption of nickel but batteries are growing quickly • Batteries dominate the headlines from a consumer point of view but are critical to military and industrial • Non-ferrous alloys includes aerospace engines and marine turbines • Alloy s
Slide 7: Nickel Supply
NICKEL SUPPLY • By 2025, 60% of nickel will be produced in Indonesia with primarily Chinese control – increasing to over 80% by 2030 • A further +20% of nickel produced in Philippines/Russia/China with less than 20% elsewhere • Nickel projects outside of Indonesia/Philippines limited • North America
Slide 8: Supply Crunch Is Here
SUPPLY CRUNCH IS HERE “NICKEL CREEK IS PART OF A SMALL GROUP OF LARGE-SCALE DEPOSITS ABLE TO DELIVER LONG-TERM SUPPLY” • It typically takes 5-7 years to take a project from a PFS level to production • Concern with the environmental impact of laterite sourced nickel for ‘green’ EV market • HIGH-GRADE
Slide 9: World Nickel Balance
WORLD NICKEL BALANCE • Projected supply growth of 15.8% in 2022 has not been realized as projects have been delayed in ramp up – WHAT WILL HAPPEN IN 2023?? • LME has about 1 week worth of supply – “ESSENTIALLY ZERO AND MAJOR RISK OF SUPPLY SHOCKS” TSX: NCP | OTCQB: NCPCF 9
Slide 10: Yukon – World Class Mining District & Infrastructure
YUKON – WORLD CLASS MINING DISTRICT & INFRASTRUCTURE NICKEL SHäW ✓ Located three hours west of Whitehorse via paved Alaska Highway ✓ Yukon Territory Government supportive of mining ✓ The deposit is located 14 km southwest of highway via an all- ✓ New mining activity has resulted in more locally prov
Slide 11: Environment & Social Initiatives
ENVIRONMENT & SOCIAL INITIATIVES ENVIRONMENT • Reducing carbon footprint with LNG and renewable power generation • Reducing impacts on water with tailings process water recycling and minimizing the volume of impacted water captured on site • Baseline environmental programs continued since 2012 for w
Slide 12: Nickel Shäw - District Size Potential
NICKEL SHÄW - DISTRICT SIZE POTENTIAL • 18 km strike of host ultramafic within 146 sq km total land package • Extensive geophysics work done on 2020 – 2022 ARCH Wellgreen Deposit Area 2022 Drilling & EM work the surface and with bore-hole EM 2021 Drilling & EM work N from 2019 to 2022 • Numerous ele
Slide 13: Significant Increase in Nickel Shäw Resource Estimate
SIGNIFICANT INCREASE IN NICKEL SHÄW RESOURCE ESTIMATE 43-101 Resource Estimate – April 2023 Notes: • Mineral Resources do not have demonstrated economic viability Ni Cu Co Pd Pt Au Ni Cu Co Pd Pt Au • The Qualified Person for the Mineral Resources is Paul Daigle from AGP Mining Consultants Inc. • Av
Slide 14: Nickel Shäw Project 2023 PFS
NICKEL SHÄW PROJECT 2023 PFS “The PFS is an important Results (C$) Assumptions milestone in realizing the $143 Million opportunity the Nickel 19.1 Years After-tax NPV (5% discount rate) Open Pit Mine Life Shäw Project represents in the critical mineral 12.7 Years 30.7 Million lbs Ni Payback period (
Slide 15: Nickel Shäw PFS Project Highlights
NICKEL SHÄW PFS PROJECT HIGHLIGHTS ▪ Ore conveyed to Mill via a 12km overland conveyor ▪ Conventional 45k tpd mill with the ability to produce a bulk Ni-Cu-PGM concentrate or separate Ni and Cu concentrates ▪ Concentrate trucked to via Alaska Highway from property to Skagway Ore Terminal ▪ Average a
Slide 16: Future Value Creation
FUTURE VALUE CREATION • Recovery Optimization – potential to improve recoveries by up to a few percent through additional metallurgical work • Reduced Energy Costs – work with stakeholders to review energy alternatives • Investment Tax credit for Critical Minerals – waiting to be enacted by the fede
Slide 17: High Grade - Arch Zone
HIGH GRADE - ARCH ZONE • 12 drill holes were completed on the Arch Zone totaling 1,257 metres in 2021; 10 drill holes totaling 1,265 metres were completed in 2022 • All holes drilled extended massive to disseminated Ni-Cu sulphide mineralization at depth and along strike from holes drilled in 2021 T
Slide 18: High Grade - Arch Zone Drill Summary
HIGH GRADE - ARCH ZONE DRILL SUMMARY • Significant platinum, palladium and gold in these intervals of 0.81 to 3.34 grams per tonne of total precious metals • Geophysics results show untested conductive plates down-dip and down-plunge of current drilling Note: All intervals listed are down-hole core
Slide 19: North American Peer Comparison
NORTH AMERICAN PEER COMPARISON Nickel Creek is Peer Valuation by Endowment Enterprise Value (US$M ) EV per Tonne 200 200 significantly Enterprise Value (US$ million) undervalued in 150 150 comparison to its North 100 100 American peers: 50 50 US$24/tonne NiEq – Peer Average - - Company Grid Metals N
Slide 20: Summary
SUMMARY Announced positive PFS on the Nickel Shäw Project – US$143MM after-tax NPV (5%) and IRR of 5.8% Announced updated NI43-101 Mineral Resource with contained Ni in Measured + Indicated categories increased 31% to 2,471 M Lbs. (Over 80% of the tonnage now in M&I category) Advanced metallurgy – m
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