NorthX Nickel Corp. · CSE:NIX
NorthX Nickel — Archer Exploration — Investor Presentation (October 2022)
22 slides from NorthX Nickel's investor presentation, Oct 25, 2022
Slide 1: Creating a Leading Canadian Nickel Exploration and Development Company
Creating a Leading Canadian Nickel Exploration and Development Company rcher Exploration Corp. Corporate Presentation Global Nickel Explorer & Developer Click to insert date October 2022 RCHR: CSE 1 STRICTLY CONFIDENTIAL
Slide 2: Disclaimer
Disclaimer General This corporate presentation is intended to provide an overview of the business of Archer Exploration Corp. (the “Company” or “Archer”). It has been prepared for informational purposes only and does not purport to be complete. The information in this presentation is not intended to
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains “forward looking statements” regarding the Company within the meaning of applicable securities legislation, including statements as to future events, results and plans. Forward-looking statements are sometimes but not always identified by such wo
Slide 4: Management & Advisors
Management & Advisors Archer has a seasoned team of advisors with a track record of advancing mining assets from discovery to production Tom Jacquelin (Jack) James Dr. Neil Keith Craig Meyer Gauthier McMaster O’Brien Bodnarchuk Parry President, CEO & VP Exploration Regional Manager Advisor Advisor A
Slide 5: Proposed Board of Directors
Proposed Board of Directors The following are the proposed Board of Directors to be voted on at the October 12, 2022 shareholders meeting David Christian Michael Marz Brian Cobbold Kargl-Simard Konnert Kord Penny Director Director Director Director Director • Currently Vice Chairman • Founder, Presi
Slide 6: About Archer Exploration Corp.
About Archer Exploration Corp. From the outset, the strategy at Archer has been focused on building a portfolio of high quality, high potential exploration and development nickel sulfide projects • Archer was incorporated in 2018 and listed on the Canadian Securities Exchange (“CSE”) in Archer Explo
Slide 7: Wallbridge Transaction Overview
Wallbridge Transaction Overview Subject to closing conditions, Archer will acquire 2,046 mining titles covering approximately 67,000 hectares and including a 100% interest in the Grasset nickel sulfide project in Quebec (“Grasset Project”) Key Assets Being Acquired: •1 Grasset Project- the core asse
Slide 8: Investment Highlights
Investment Highlights First time this consolidated nickel portfolio has been in the hands of a Ni-focused vehicle Establishes Archer as a leading Canadian nickel sulfide exploration company focused on the development of a significant portfolio of Ni-Cu-Co-PGE mineral properties Very large land p
Slide 9: Key Wallbridge Transaction Terms
Key Wallbridge Transaction Terms Total — Wallbridge will receive 66.2 million Archer shares at closing which based on the price Consideration on July 12, 2022 implies a purchase price consideration of C$53.6 million — Wallbridge shares represent an 85% ownership of Archer on a pro-forma, fully dilut
Slide 10: History of Grasset Ni-Cu-Co-PGE Project
History of Grasset Ni-Cu-Co-PGE Project Sporadic nickel exploration; Serendipitous discoveries 1959-2008 Pre Wallbridge (Balmoral) Exploration by multiple companies with a focus on VMS and gold targets, mainly in the central and NW parts 2010-2015 Work Program Vast majority of the work was completed
Slide 11: Strong Metal Inventory
Strong Metal Inventory(1,2) Substantial metal endowment underpinning the value of Grasset >0.80% Tonnes NiEq Ni Cu Co Pt Pd Contained Contained Contained Contained Contained Contained NiEq (t) (%) (%) (%) (%) (g/t) (g/t) NiEq (t) Ni (t) Cu (t) Co (t) Pt (oz) Pd (oz) Indicated Horizon 1 89,200 1.00 0
Slide 12: Grasset Ni-Cu-Co-PGE Project-Existing Infrastructure
Grasset Ni-Cu-Co-PGE Project-Existing Infrastructure Grasset will benefit from existing infrastructure and the ongoing work by Wallbridge at nearby Fenelon and Martiniere Gold projects • Grasset is less than 20km to a powerline generated from mostly renewables (wind, hydro and biomass) • ~120km by r
Slide 13: Grasset Ni-Cu-Co-PGE Project-Detailed Review
Grasset Ni-Cu-Co-PGE Project-Detailed Review • Higher-grade Ni-Cu-Co-PGE mineralization is concentrated in two concordant sulfide bearing horizons (H1 & H3) striking NW-SE within steeply dipping ultramafic host units • H1 & H3 are 25 to >50m thick, stacked, tabular higher-grade lenses within a >200m
Slide 14: Grasset Ni-Cu-Co-PGE Project-Detailed Review
Grasset Ni-Cu-Co-PGE Project-Detailed Review High-grade massive sulfides Source: Wallbridge Mining corporate presentation, modified from “A Golden Opportunity for Growth” Wallbridge corporate presentation – January, 2022 GR-14-57: 14.65 % Ni, 1.1 % Cu, 4.1 g/t Pt, 7.09 g/t Pd and 1.05 g/t Au over 0.
Slide 15: Grasset Ni-Cu-Co-PGE Project-Detailed Review
Grasset Ni-Cu-Co-PGE Project-Detailed Review • The H3 lens is currently defined over a ~500m strike length and hosts the bulk of OPEN higher-grade Ni-Cu-Co-PGE mineralization in the current resource 900m • The H1 lens is currently defined over a ~900m strike length and to date hosts generally more m
Slide 16: Grasset Regional Exploration
Grasset Regional Exploration Prospective regional belt that has seen little Ni-focused exploration especially prior to 2012 when the Grasset deposit was discovered by Balmoral • Subsequent exploration has confirmed multiple occurrences of similar type nickel sulfide mineralization within the establi
Slide 17: GUC Central Ni Discovery
GUC Central Ni Discovery High-grade Ni-Cu-Co-PGE prospect with very limited drill-testing 3.59% Ni over 1.03m within 1.35% Ni over 3.94m ~9 km Grasset Ultramafic Complex GUC Central Ni discovery Grasset Ni-Cu- Grasset Click to insert VTEM date Ad Tau conductivity PGE deposit 4.14% Ni over 0.65m with
Slide 18: Why do we like Grasset?
Why do we like Grasset? Grasset was a significant nickel discovery made in 2012 while exploring for gold – Balmoral was either really lucky to find the one, lone Ni deposit or there’s more around - GUC Central Ni discovery in 2018 suggests there’s more high-grade nickel to be found Current 5.5Mt
Slide 19: Sudbury Projects – Large Property Portfolio
Sudbury Projects – Large Property Portfolio Large land position located in a world-class mining district • Contains 37 properties, 32 are subject to JV arrangements with Sibanye or Glencore. 5 properties have no JV arrangements. There is an option agreement with Impala on 4 properties at Parkin whic
Slide 20: Sudbury Projects-Parkin
Sudbury Projects-Parkin • 9.4km strike length of Parkin Offset dyke for Ni-Cu-PGEs • Past producer Milnet Mine and near surface historic mineral resource viz. North Zone and South Zone deposits • Resource expansion potential within 600m of surface beneath historic resource and down plunge linking to
Slide 21: What Is Our Plan?
What Is Our Plan? Create a dedicated and focused “go-to” nickel exploration and development vehicle with the goal of transforming the acquired assets into a Tier 1 Ni-Cu-Co-PGE mineral resource portfolio Focus on the current Grasset resource and proximity - make it bigger and better Explore fo
Slide 22: For Additional Information
Creating a Leading Canadian Nickel Exploration and Development Company For Additional Information rcher Tom Meyer, P. Eng.,CFA Exploration Corp. President, CEO and Director Global Nickel Explorer & Developer tom@archerexploration.com Click to insert date RCHR: CSE 22 STRICTLY CONFIDENTIAL
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