Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (March 2023)
26 slides from Northern Shield Resources's investor presentation, March 2023
Slide 1: Corporate Presentation - March 2023
C O R P O R A T E P R E S E N T A T I O N - M A R C H 2 0 2 3
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT • This document contains statements concerning the potential for gold, silver, copper, tellurium and other mineralization at Root & Cellar and, geological, geophysical, geochemical and geometrical analyses of Root & Cellar and comparisons of the properties to known epitherm
Slide 3: Northern Shield Introduction
NORTHERN SHIELD INTRODUCTION 1. Our Space Recent discoveries in NEWFOUNDLAND, show that the province does indeed host world class gold deposits. Northern Shield has focussed its attention on an underexplored tract of land on the Burin Peninsula. 2. Our Approach While many view greenfield exploration
Slide 4: Epithermal Gold - Porphyry Copper
EPITHERMAL GOLD - PORPHYRY COPPER Drop Zone/Windfall Conquest - Au-(Ag) 1. Epithermal gold and Ag-Au-Te (Pb-Zn-Cu) porphyry copper are related: they are end members of the same system 2. Typically, the copper is 1000+ meters below the gold portion 3. Thus, if the gold portion is exposed at surface,
Slide 5: Alkaline Related Epithermal Systems
ALKALINE RELATED EPITHERMAL SYSTEMS Why are Alkaline related systems so highly prized? 1. They are a rare subset of epithermal systems often producing very large and high-grade gold deposits; • Cripple Creek (Colorado) • Porgera (Papua New Guinea) • Emperor (Fiji) 2. They can contain significant qua
Slide 6: Tellurium
TELLURIUM 1. Tellurium is a critical metal 2. It is one of the rarest element on the planet and 8x more rare than gold 3. Its primary source is as a by-product of a handful of gold, silver and copper deposits 4. Its main use is in: • Solar panels • Semi-conductors • High efficiency Li-Te batteries*
Slide 7: Root & Cellar – Gold, Copper & Tellurium
ROOT & CELLAR – GOLD, COPPER & TELLURIUM • The Property hosts gold, copper, tellurium and silver mineralization over a large area BRAXTON-BRADLEY • Mineralization is hosted in a distinct volcanic 2.5 g/t Au 128 g/t Ag, complex. 1.4% Cu • Exploration model is based on an alkaline- driven epithermal a
Slide 8: Conquest Discovery Area
CONQUEST DISCOVERY AREA • Significant gold was discovered at in The Conquest Zone at Root & Cellar by a local prospector in a hand dug trench in 2012 21RC-09 29 g/t Au • On-going surface sampling has since identified gold over a 31 g/t Au Visible Gold near continuous 700 meter strike-length. 21RC-03
Slide 9: Central Zone: Drill Program Results
CENTRAL ZONE: DRILL PROGRAM RESULTS • Maiden, 14 drill-hole program completed at Root & Cellar in 2021 Hole ID From To Length Au Ag As 28.05 29 0.95 1.23 0.9 124 • 1.43 g/t Au over 7.95 m within 30 meter of surface. 29 30 1 1.86 1.7 145 30 31 1 5.71 4.4 298 31 32 1 0.18 1.9 264 21RC-05 32 33 1 0.64
Slide 10: Conquest: 111 g/t Gold
CONQUEST: 111 G/T GOLD • Sampling and prospecting has resulted in the discovery of a boulder hosting visible gold and assaying 111.5 g/t gold. • The large angular boulder was found in the immediate vicinity of several high priority, near surface IP anomalies. Boulder containing visible gold and assa
Slide 11: Conquest: Visible Gold
CONQUEST: VISIBLE GOLD TSV-V: NRN 11
Slide 12: Re-modeled IP: North Trending Targets
RE-MODELED IP: NORTH TRENDING TARGETS • With knowledge gained from the first drill program in 2021 and re- modelled IP from the 2021 survey, it became evident that the primary IP Chargeability depth targets of interest trend north-south, not east-west (which is the trend of slice at -80 metres. the
Slide 13: New IP: North Trending Targets
NEW IP: NORTH TRENDING TARGETS • A second IP geophysical survey over the Conquest Zone was run L100N along east-west lines to better define the north trending mineralized structures • Data processing is still underway but north trending chargeability anomalies are readily apparent TSV-V: NRN 13
Slide 14: Tellurium
TELLURIUM • High grade tellurium has been WINDFALL found at Drop Zone and Creston 40 ppm Te contained within with extensive low to moderate hessite (silver telluride) associated with gold and grade in surface samples and drill elevated zinc and lead core from Windfall and the Conquest Zone CONQUEST
Slide 15: Root & Cellar Copper
ROOT & CELLAR COPPER Gold anomalous soil sample Copper anomalous soil sample Gold anomalous rock sample Copper anomalous rock sample “Although much of the exploration at Root & Cellar has focused on the gold, the copper porphyry potential is very real.” • 72 samples collected from surface sampling C
Slide 16: Root & Cellar Copper
ROOT & CELLAR COPPER • Mineral zonation both in rock and soil anomalies exhibit a typical copper porphyry signature*. Arsenic anomalous soil sample Arsenic anomalous rock sample • Notably As and Sb form “shoulder” Antimony anomalous rock sample anomalies where peak values for these elements are on t
Slide 17: Root & Cellar Copper
ROOT & CELLAR COPPER • The Te content of soils over the Creston Copper Zone is distinctly anomalous and higher than, and varies independently from, Tellurium anomalous soil sample the Te content of underlying outcrops. • Studies* of porphyry systems in Colorado show that soils may collect gaseous Te
Slide 18: Root & Cellar Copper Deposit Model
ROOT & CELLAR COPPER DEPOSIT MODEL Outcrops of vent breccias and magmatic hydrothermal breccias exposed in a series of quarries These types of breccias typically form from the explosive interaction of groundwater and the hot magma that formed the intrusion. The high-grade copper found to date in the
Slide 19: Next Phases of Exploration
NEXT PHASES OF EXPLORATION • Trenching: • Trenching of shallow IP targets in Conquest Zone. Drill-pad - permit in place IP Targets • Mapping: • Infill mapping in Conquest Area and expand south towards copper • Geophysics • Magnetics (Drone or ground) to better define north-south mineralized structur
Slide 20: The Investment Opportunity
THE INVESTMENT OPPORTUNITY • 100% Option on a very large epithermal gold system leveraged by critical metals. • Early indication of near surface gold potential including visible gold which is becoming more common in the Conquest Zone. • Data suggests the system is “alkalic related.” Due to their ass
Slide 21: The Big Picture
THE BIG PICTURE VLF Conductor Braxton-Bradley Windfall Map showing Fraser filtered VLF data Drop Zone The Government of Newfoundland and Labrador released a geophysical dataset covering the Burin Red Rock Peninsula in September 2022 It shows a large swath of conductive rock underlying Root & Cellar
Slide 22: Other Projects
OTHER PROJECTS Gossan on Merasheen Island ZULEIKA PROPERTY – 100% Option • Regional, crustal-scale fault zones throughout central Newfoundland are proving to be significant gold- mineralized structures: • Zuleika is located adjacent to the Dover-Hermitage Bay Fault (DHB) which has similarities to th
Slide 23: Other Projects - Shot Rock
OTHER PROJECTS SHOT ROCK PROPERTY – 85% • A low sulphidation epithermal gold system hosted in four fluid cells that have been identified by alteration, geophysics and geochemistry • Drill intersections of 4.2 g/t Au /3.15 m including 22 g/t Au /0.4 m and 12.6 g/t Au /2.45 m including 17.3 g/t Au /1.
Slide 24: Other Projects - Idefix
OTHER PROJECTS - IDEFIX • Located on at the northern end of the Labrador Trough which marks the craton margin, an ideal setting for Ni-Cu-PGE deposits • 10,000 sq km of mafic-ultramafic sills have been mapped within the Labrador Trough. • These sills representing a massive amount of magma from which
Slide 25: Corporate
CORPORATE MANAGEMENT CAPITAL STRUCTURE Ian C. Bliss Samuel Legg Christine Vaillancourt Common Shares O/S 67.4M Fully Diluted 76.3M Stock Price C$0.05 Market Capitalization C$3M Treasury C$100,000 Debt Nil President, CEO CFO Chief Geologist DIRECTORS Ian Bliss Russ Richards Don Bubar Dr. Scott Jobin-
Slide 26: Contact Northern Shield
CO NTACT NO RTHERN SHIELD NORTHERN-SHIELD.COM 150 Elgin Street Suite 1000 Ottawa, ON K2P 1L4 613-232-0459 ibliss@northern-shield.com @NorthernShield 26
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