Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (April 2022)
38 slides from Northern Shield Resources's investor presentation, April 2022
Slide 1: Corporate Presentation April 2022
April 2022 Corporate Presentation 1
Slide 2: Forward Looking Statement
Forward Looking Statement This document contains statements concerning the potential gold, silver and other mineralization at Shot Rock and Root & Cellar geological, geophysical, geochemical and geometrical analyses at Shot Rock and Root & Cellar and comparisons of the properties to known epithermal
Slide 3: Executive Summary
Executive Summary Value Driven Approach Our Space Unique Opportunity Generator of high quality early- Large terranes Numerous large geophysical stage exploration targets through targets to test a model driven approach New ideas Further drilling planned for Root & Large targets Cellar in 2022 Potenti
Slide 4: Flagship Properties
Flagship Properties St. John’s ROOT & The Avalon Terrane of SHOT ROCK Nova Scotia and CELLAR Newfoundland is vastly underexplored, yet MERASHEEN easily accessible. x x Anaconda Halifax Atlantic Gold Avalon Terrane TSX-V: NRN 4 www.northern-shield.com
Slide 5: Root & Cellar
Root & Cellar ROOT & CELLAR PROPERTY - 100% Option NEWFOUNDLAND has Located on the Burin recently become a Peninsula of Newfoundland, hotbed of gold a 3-hour drive from St. John’s exploration in Canada. • Root & Cellar hosts several recently discovered, high grade After further epithermal gold signi
Slide 6: Root & Cellar
Root & Cellar • Company has expanded Property from 30 sq km to over 300 sq km. • Gold anomalous till samples have been proven a reliable indicator or nearby gold in outcrop • Numerous gold in till anomalies exist within the expanded Property TSX-V: NRN 6 www.northern-shield.com
Slide 7: Root & Cellar - Gold
Root & Cellar - Gold Gold anomalous soil sample BRAXTON-BRADLEY • The Property hosts five 2.5 g/t Au distinct gold showings over a 128 g/t Ag, 5 kilometer trend 1.4% Cu • Including the newly discovered Windfall Zone WINDFALL • Significant copper 17 g/t Au 56 g/t Ag mineralization has also been found
Slide 8: Geological Model - Property Scale
Geological Model- Drop Zone Ag-Au-Te (Pb-Zn-Cu) Property Scale • Exploration model may be a hybrid between the various epithermal systems and copper porphyry Windfall Ag-Au-Te +/-(Pb-Zn- Cu) Conquest Au-(Ag) Au-Ag Au-Ag Au Conquest Cu-(Au) Cu TSX-V: NRN 8 www.northern-shield.com
Slide 9: Conquest Zone - Overview
Conquest Zone - Overview • Main trend is consistently mineralized with gold (0.1 to 48 g/t Au) over an 80 metre width and a strike length of 700 metre • Sits within larger gold anomalous zone measuring 500 x 1,200 • Conquest Zone is associated with elevated As, Sb, K +/- Hg +/- Ba • Modelled as a la
Slide 10: Maiden Drill Program Summary
Maiden Drill Program Summary • 14 drill holes totaling approximately 2,500 metres • 9 of the 14 drill holes intersected anomalous gold with three intersecting gold greater than 1 g/t which reinforces the regional presence of gold • Drilling was highlighted by 8.95 metres of 1.3 g/t Au including a 1.
Slide 11: Flat-lying Mineralized Zones
Flat-lying Mineralized Zones • Sub-horizontal IP targets were defined in the re-modelled IP data • Flat-lying mineralized zones were also observed during the construction of drill pads which supports the new IP modelling Newly identified flat- lying IP anomaly East-West trending, vertical mineralize
Slide 12: Near Surface Mineralization - Conquest
Near Surface Mineralization -Conquest • The flat-lying mineralized zones are interpreted to occupy lithological traps in the hinge zones of folds • The mineralized fluids migrated up and along east- west trending fold axis faults planes from the main source at depth The numerous shallow IP targets a
Slide 13: Principal IP Targets
Principal IP Targets • The main targets at Conquest are two large north-south trending IP Conquest IP anomalies at depth. • The gold seen at, or near surface, in Conquest West IP the Conquest Zone are off-shoots from these deeper bodies. • These deeper and larger targets are controlled by north-sout
Slide 14: Conquest IP Anomaly
Conquest IP Anomaly S N 350 metre 3D view of the Conquest IP anomaly looking westward. Continues to depth W E • The central IP targets measures about 350 in 350 metre strike-length and 350 meters wide including the offshoots. 3D view of the Conquest IP • The core of the IP anomaly (blue outline) is
Slide 15: Conquest West IP Anomaly
Conquest West IP Anomaly S N N section 21RC-01 -200 metre S Continues to depth South-North section the Conquest West IP anomaly on Line 4900. Note drill-hole 21RC-01 is in front (east) and underneath the main body Modes represents shell of 14 mV/V chargeability. Oblique 3D view of the Conquest West
Slide 16: Conquest Targets
Conquest Targets • The two newly defined IP anomalies in the Conquest Zone directly coincide with highly resistive rocks at depth • There is excellent spatial correlation to overlying gold anomalies and elevated pathfinder elements, arsenic and antimony Gold Arsenic Antimony Conquest IP Conquest Wes
Slide 17: Conquest Targets
Conquest Targets • The newly defined IP anomalies in the Image shows total magnetic field at a depth of approximately 300m. Cold colours Conquest Zone also coincide with (blue) represent rock of very low magnetic signature as would be expected for rocks exhibiting distinct low magnetic rock subject
Slide 18: Source of High-grade Boulders
Source of High-grade Boulders • Recent discovery of boulders assaying up to 29 g/t Au show there is more high- grade gold on surface to be found • Although the mineralogy of Untested IP Target these boulders are consistent with what is seen at Conquest and Windfall, their geochemical signature is di
Slide 19: Geological Model - Conquest Zone
Geological Model Brecciated fragments of Conquest Zone acid leached rock cut by Quartz stockwork in chalcedonic potassic altered rhyolite quartz veins dome with up to 0.8 g/t gold Hydrothermal breccia with up to 47 g/t gold TSX-V: NRN 19 www.northern-shield.com
Slide 20: Conquest Summary
Conquest Summary • Two large deep-seated geophysical targets that are interpreted to be the core of two low sulphidation gold systems. • Numerous known surface gold showing and abundant near surface IP targets are believed to be off-shoots of these feeders. • Recent discovery of boulders up to 29 g/
Slide 21: Windfall Zone
Windfall Zone New Discovery • Erosion of the volcanics has exposed a 200+ metre wide, gold-bearing fault zone DDH 21RC-14 hosted in the subvolcanic basement sequence a 200 m wide shear with 29 samples assaying between 0.1 and 17 g/t Au and up to 58 g/t Ag DDH 21RC-13 Subvolcanic Basement Overlying V
Slide 22: Windfall Zone
Windfall Zone Quartz Veins Brecciated quartz-carbonate- chlorite vein; 0.8 g/tAu Orange, Mn- Brecciated carbonate in quartz- quartz-chlorite carbonate-chlorite vein; 17 g/t Au vein; 4.4 g/t Au TSX-V: NRN 22 www.northern-shield.com
Slide 23: Windfall
Windfall Conquest Shear Zone Stronger IP anomalies to be target in next phase of drilling Cross-section through the Windfall Zone showing the relative location of drill-hole 21RC-13 to stronger IP anomalies identified through re-modelling of the IP TSX-V: NRN 23 www.northern-shield.com
Slide 24: Other Showings
Other Showings Braxton-Bradley Rock sample from Drop Zone outcrop containing hessite (silver telluride) DROP ZONE Red Rock Drop Zone Braxton-Bradley Red Rock • High grade gold & • Gold with high • Gold silver silver • +/- Pb, Zn and Cu • Sporadic Cu • Elevated tellurium TSX-V: NRN 24 www.northern-sh
Slide 25: Other Showings – Copper
Other Showings – Copper Gold anomalous soil sample Copper anomalous soil sample • 72 samples collected from Root & Cellar assay > Gold Showings 0.1% Cu with 13 > 1% and, a high of 10.5% Cu • The best copper mineralization is exposed in a quarry at Creston hosted in vent breccias and hydrothermally a
Slide 26: Planned Exploration Q1-Q3
Planned Exploration Q1-Q3 • Continued prospecting of shallow IP anomalies to confirm potential of near surface resource including source of high-grade boulders • Mechanical trenching of any surface showing found through prospecting • Further prospecting and mapping in Drop Zone area • 10-20 diamond
Slide 27: Other Projects – Idefix
Other Projects – Idefix IDEFIX AT OVER 5 KILOMETERS LONG AND 50 METERS THICK, THE MINERALIZED SILL AT IDEFIX IS ONE OF THE LARGEST UNDEREXPLORED PGE TARGETS IN CANADA TSX-V: NRN 27 www.northern-shield.com
Slide 28: Other Projects – Idefix
Other Projects – Idefix Idefix Ridge 10 g/t 1:3 Pt:Pd Ratio 4 g/t 14 g/t Eastern Showing 1:1 Pt:Pd Ratio 7 g/t 11 g/t PGE+AU 8 g/t 4 g/t 16 g/t 3 g/t 4 g/t 4 g/t 7 g/t La Colline Showing 1:3 Pt:Pd Ratio 7 g/t 10 g/t 16 m averaging 2 g/t PGE+Au 5 g/t 0.38% Cu 5 g/t 0.13 Ni 16 g/t TSX-V: NRN 28 www.no
Slide 29: Other Projects – Idefix
Other Projects – Idefix • “Reef”-type and disseminated mineralization defined over 5 km through surface sampling and drilling Primitive Unit grading up to 0.25 g/t PGE+Au over Gabbronorite 60 metres thickness Idefix Gabbro • Surface samples including channel samples up to 16 g/t PGE+Au indicate nume
Slide 30: Other Projects – Idefix
Other Projects – Idefix Width Ni Cu Pd Pt Au PGE+Au (m) (%) (%) (g/t) (g/t) (g/t) (g/t) 31.4 0.10 0.28 1.01 0.33 0.06 1.41 including 15.8 0.13 0.38 1.41 0.45 0.09 1.94 TSX-V: NRN 30 www.northern-shield.com
Slide 31: View from Southern End of Idefix Ridge
La Colline VTEM Anomaly VIEW FROM SOUTHERN END OF IDEFIX RIDGE, LOOKING SOUTH TO LA COLLINE NORTH TSX-V: NRN 31 www.northern-shield.com
Slide 32: Other Projects – Shot Rock
Other Projects – Shot Rock • Continue re- interpretation of drill and surface data to define to locate main feeder to the large epithermal Indications system that underlies the Crystal of additional Shot Rock project. Hill intrusion gold systems Highway Zone Windmill Middle Zone Zone intrusion Epith
Slide 33: Other Projects – Merasheen
Other Projects – Merasheen Gossan on Merasheen Island Ag-Au Merasheen was acquired based on the presence of a very large gossan that hosts scattered high gold and silver samples and anomalous Pb-Zn • Preliminary assessment of mineralogy and chemistry are suggestive of a precious metal rich VMS syste
Slide 34: Why Invest in Northern Shield
Why Invest in Northern Shield • Potential district scale tier one asset • Year-round access with excellent infrastructure • Low risk jurisdictions AND under explored • Extensive gold and copper mineralization on surface • Good correlation between gold and copper on surface and near surface IP geophy
Slide 35: Corporate
Corporate CAPITAL STRUCTURE Common Shares O/S 291M Directors Fully Diluted 317M Russ Richards Private wealth manager in Stock Price C$0.02 (Chairman) Atlanta, Georgia Don Bubar CEO of Avalon Advanced Market Capitalization C$15M Materials Inc. Treasury C$300,000 Marcus Archer Partner with Norton Rose
Slide 36: Corporate
Corporate “ Northern Shield represents A Unique Opportunity to be involved early in the advancement of a new discovery in a developing and under-explored gold district.” TSX-V: NRN 36 www.northern-shield.com
Slide 37: Appendix
Appendix TSX-V: NRN 37 www.northern-shield.com
Slide 38: Re-modeling of IP Data
Re-modeling of IP Data • The IP data has been re-modelled by 2D Sections inputting data gained from the drill program IP Targets of to constrain the IP model Principal Interest • Although it is generally consistent with the original model, the new modeling : • Identified the existence of flat lying
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