Native Mineral Resources Holdings Ltd. · ASX:NMR
Native Mineral Resources — Investor Presentation (January 2023)
39 slides from Native Mineral Resources's investor presentation, Jan 24, 2023
Slide 1: Investor Presentation - Palmerville Cu-Au focus
For personal use only Investor Presentation Palmerville Cu-Au focus January 2023 Multiple Opportunities for Copper and Gold Discoveries in WA and QLD ASX:NMR 1
Slide 2: Corporate and Management Snapshot
Corporate and Management Snapshot NMR ASX Code For personal use only $0.1 *Share Price Blake Cannavo James Walker Philip Gardner Marika White Hasaka Martin Managing Director & CEO Independent Non-Exec Independent Non-Exec Company Secretary Company Secretary Chair Director 115.65m *Shares on Issue Dr
Slide 3: Investor highlights
Investor highlights For personal use only Metals-focused - NMR is Copper and Gold focused in 2023. NMR will emphasize progressing its key prospects in Palmerville, particularly Leanne’s and the St George-Fairlight historical Copper mines Early investor opportunity - Multiple near-term opportunities
Slide 4: World Class Asset Portfolio
World Class Asset Portfolio Focus on key commodities Copper and Gold in both proven For personal use only and new deposit-hosting terrains Four high-priority Cu targets all with rock chip Narrow vein gold with samples returning samples over 10% Cu and up to 31% Cu 147g/t Au from the main vein and >1
Slide 5: North Queensland Snapshot
North Queensland Snapshot Focus for CY Q1-2 Palmerville Cu-Au Project “NMR are unlocking and advancing an increasing number of copper and Maneater Peak For personal use only gold projects in northern QLD” Truly strategic and diversified portfolio of Critical Commodities Commodities → NMR are develop
Slide 6: Maneater Polymetallic Breccia, North Queensland
Maneater Polymetallic Breccia, North Queensland For personal use only Diamond drilling in breccia revealed polymetallic sulfides in both holes from approximately 100m to EOH. 446m @ 5.5 g/t Ag, 1m @ 2.14 g/t Au and 1m @ 2.28% Zn. * All results from drilling continue to support the interpretation of
Slide 7: Maneater Polymetallic Breccia, QLD
Maneater Polymetallic Breccia, QLD Very positive results already obtained from initial diamond drilling: For personal use only ✓ Predicted - Increasing metal abundance with depth ✓ Predicted - Increasing gold with depth. MPD003 reached max gold assay of 1m @ 2.14g/t Au, well above previous shallow d
Slide 8: Maneater Breccia Project: A world-ranking target - MPD003
Maneater Breccia Project QLD A world-ranking target – MPD003 For personal use only Drill hole MPD003 – a globally significant intercept! The Silver (Ag) intercept of over 446m @ 5.5g/t Ag in MPD003 ranked #6 among ASX- and TSX-listed companies based on the chart published by “MinerDeck”. The result
Slide 9: MPD002 - silver, gold and zinc in NMR's first drill hole
Maneater Breccia Project QLD MPD002 – silver, gold and zinc in NMR’s first drill hole For personal use only ▪ Best results from drill hole MPD002 include: Surface footprint = 45000m2. Proven >450m depth o Multiple 1m intervals recording grades up to 2.14 g/t Au, 1.7% Zn, 0.5% Sb, 57.1g/t Ag, 0.75% P
Slide 10: Palmerville Project North Queensland
Palmerville Project North Queensland For personal use only 10
Slide 11: Palmerville Project QLD
Palmerville Project QLD Discovery and investor opportunity - Cu, Au and Sb For personal use only Overview • 130-kilometre-long tenement package covering almost the entire northern Chillagoe Formation • Most underexplored part of the Chillagoe Formation = increased opportunity for discovery • Close t
Slide 12: Top-ranking prospects for 2023
Top-ranking prospects for 2023 St George - Fairlight (COPPER) Fairlight-St George Copper For personal use only • The Fairlight mine is an ~30m deep shaft at the contact between red jaspers and altered mafic (historical mines) intrusives. Aquitaine • Historical mining with grades reported to be 24% c
Slide 13: NMR's highly competitive ground
Palmerville Project QLD NMR’s highly competitive ground For personal use only 1) Copper demand is predicted to outstrip supply, therefore high-potential, short-term targets are extremely sought- Copper demand > supply after. The Palmerville Project represents a significant area Source: world bank fo
Slide 14: Leanne's Cu Prospect
Palmerville Project QLD Leanne’s Cu Prospect For personal use only Short-term potential for a copper discovery with exceptional results already obtained. DECREASED RISK - Well-defined target anomaly found at surface - soil sampling and rock chips indicate very high prospectivity • Historical soil sa
Slide 15: Similarities between Leanne's and other deposits nearby
Palmerville Project QLD Similarities between Leanne’s and other deposits nearby Leanne’s Cu Prospect Leane’s Prospect Red Dome Deposit Mungana Deposit For personal use only ✓ Karst weathering breccias Karst weathering breccias Karst weathering breccias • Located less than 120 kilometres north of mul
Slide 16: Fairlight - St George Cu Prospect
Palmerville Project QLD Fairlight - St George Cu Prospect For personal use only Fairlight & St George Cu mines ✓ Very high potential for a copper discovery exceptional results already obtained from a proven copper producing area. IRG target ✓ Small tonnages (est 5t) of ore were reportedly mined at e
Slide 17: Selected targets in the Palmerville Project area
Palmerville Project QLD Selected targets in the Palmerville Project area Expected outcomes for 2023 For personal use only Exploration in 2023 – Palmerville Project 1) Airborne Magnetics survey will be undertaken in April 2023 to help better define target lithologies and structures. 2) Immediate foll
Slide 18: For personal use only
For personal use only Proven copper with mining grades of 24% Cu ore and assays of up to 31.1% in samples from many targets across the project area. 5 Cu-Au targets ready. Over 50 high priority Copper and Gold targets ready for follow up field work. Drilling at the Maneater Hill Breccia already reve
Slide 19: 2023 Palmerville-Maneater Work Program Summary
2023 Palmerville-Maneater Work Program Summary For personal use only Palmerville Palmerville Q3 2022 (Planned) Q2 2023 (Planned) Follow-up focused Geophys (restomo) Field work to follow up on >50 copper and gold targets Palmerville Copper Target (Cu) Q3 2022 (Planned) Potential drilling Leanne's/St
Slide 20: Nullarbor Project, Western Australia
For personal use only Nullarbor Project Western Australia Overview Actively exploring for IOCG and related-style mineralisation (e.g. Ernest Henry type – Evolution Mining) 20
Slide 21: Nullarbor Project Summary
Nullarbor Project Summary For personal use only EARLY EXPLORER ADVANTAGE - NMR is the leader in this exciting new and rapidly developing region. NMR have already discovered the first ever IOCG-style alteration. PRIME EXPLORATION GROUND - Three granted tenements and two applications totalling 1303km2
Slide 22: Nullarbor Project Summary
Nullarbor Project Summary For personal use only GOVERNMENT SUPPORT FOR DRILLING AND EXPLORATION - $220,000 government grant awarded to NMR to drill second hole at Helios on the back of results from Helios_DDH001 containing pervasive IOCG-style alteration. MORE POSITIVE RESULTS FROM GRAVITY SURVEY -
Slide 23: Nullarbor Project - Current Exploration
Nullarbor Project – Current Exploration HELIOS Project Area For personal use only Structurally controlled IOCG style IOCG target - IOCG-style alteration already identified. - Phase 1 geophysics and drilling completed. - Phase 2 Drilling ALSO identified IOCG-style alteration - Large IOCG alteration f
Slide 24: The Nullarbor is a new and rapidly growing terrain
The Nullarbor is a new and rapidly Maria Resources NMR growing terrain in For personal use only CGM (WA) JV NMR Australia BHP Ni west The Nullarbor is being recognised as a highly Rio Tinto prospective, under explored region in Australia. Rio Tinto NMR New tenement applications are increasing with p
Slide 25: HELIOS IOCG - Successful Completion of diamond drill hole
Nullarbor Project HELIOS IOCG – Successful Completion of diamond drill hole For personal use only “NMR have made a significant discovery. IOCG-style alteration identified in its very first drill hole” Photos below are of the drill core from Helios_DDH001 showing the typical red rocks indicative of I
Slide 26: HELIOS IOCG - DDH001 Similar alteration to Olympic Dam
Nullarbor Project HELIOS IOCG – DDH001 Similar alteration to Olympic Dam For personal use only OLYMPIC DAM HELIOS HEMATITE HEMATITE STAINED STAINED GRANITE GRANITE (sample # 111) HELIOS HEMATITE STAINED GRANITE with pyrite + sericite Olympic Dam Helios DDH001 Helios DDH001
Slide 27: CENTRAL IOCG - Successfully Completed DDHC_003
Nullarbor Project CENTRAL IOCG – Successfully Completed DDHC_003 For personal use only = MT stations Complex, multiphase “green rock” and “red rock” alteration identified in first ever drill hole! • Diamond hole DDHC003 targeted a 3.2 km long magnetic high • Central target ridge is 1200m long and Co
Slide 28: CENTRAL IOCG - Initial Core Observations
Nullarbor Project CENTRAL IOCG – Initial Core Observations (DDHC_003) For personal use only 28 Examples of “green rock” and “red rock” alteration in the Central_DDH003 HQ diamond drill hole
Slide 29: Nullarbor Project - On the road to discovery
Nullarbor Project - On the road to discovery For personal use only Successful drill results from all drill holes completed at both Helios and Central Significant financial support from the government to drill a second drill hole at Helios Impressive magnetics and gravity survey results have helped f
Slide 30: Eastern Goldfields, Western Australia
Eastern Goldfields Western Australia For personal use only Four highly prospective tenements located in the heart of gold country 30
Slide 31: Eastern Goldfields Project
Eastern Goldfields Project Multiple opportunities in some of the world’s most competitive and sought-after gold ground For personal use only Music Well Project Gold, Lithium • 4 Greenfields exploration tenements: ✓ Music Well (2 tenements), Arcoona & Mt Vetters. Arcoona ✓ Samples up to 147g/t Au (bo
Slide 32: Music Well: Gold & Lithium
Eastern Goldfields E37/1363 Project For personal use only E37/1362 Music Well: Gold & Lithium • Gold-bearing veins already discovered + gold anomalies across the project identified for immediate follow up. • NMR just completed a high-resolution airborne (fixed wing) magnetics survey over E37/1363 wi
Slide 33: Arcoona: Gold, Cobalt, Nickel Targets
Eastern Goldfields Project WA Arcoona: Gold, Cobalt, Nickel Targets • NEW OPPORTUNITIES ARISING FROM NEW For personal use only DATA - Greenstones (main gold bearing rocks of Arcoona Project area (E31/1203) the Yilgarn) extending into tenement! Narrow vein gold potential under shallow cover. • PROVEN
Slide 34: Mt Vetters: Gold, Nickel and REE
Eastern Goldfields Project WA Mt Vetters: Gold, Nickel and REE For personal use only • Mt Vetters lies adjacent to multiple Ni mines and in an area prospective for granite hosted Gold • Also prospective for Rare Earth Elements (REE) • Field campaign to start in early 2023 to identify Au and REE pros
Slide 35: Works Completed
Works Completed Music Well East (E37-1362) August 2021 (Completed) For personal use only 450m Diamond Drilling & 1,000t Toll Treating Gold Target (Au) Leane's Prospect (EPM11980) Fairlight / Glenroy Nullarbor North-Helios (E69-3852) January 2021 (Completed) (EPM27396) Nov 2021 (Completed) RC & Diamo
Slide 36: 2022 Work Program Summary
2022 Work Program Summary For personal use only Nullarbor North-Helios (E69-3852) Nullarbor North-Helios (E69-3852) March 2022 (Completed) May 2022 (Completed) 500m Diamond Drilling (Phase 1) Gravity Survey Iron-Oxide-Copper-Gold Target (IOCG) Iron-Oxide-Copper-Gold Target (IOCG) Q1 2022 Q2 2022 Q3
Slide 37: Disclaimer
Disclaimer For personal use only In preparing this information Native Mineral Resources did not take into account the investment objectives, financial situation and particular needs of the individual investors. Before making an investment decision on the basis of this information, the investor needs
Slide 38: Contact
For personal use only CONTACT Blake Cannavo Managing Director & CEO Tel: +61 457 777 880 Email: blake@nmresources.com.au +61 2 6583 7833 NEW SOUTH WALES Suite 10, 6-14 Clarence St, Port Macquarie, NSW 2444 info@nmresources.com.au www.nmresources.com.au 38
Slide 39: Appendix 1: Tenement Schedule
Appendice 1: Tenement Schedule Location Tenement ID Tenement Name Sub-Block (Sqkm) Key Commodity Status For personal use only Nullarbor, WA E69/3852 Northern Nullarbor (Helios) 41 (114.8) Au, Cu (IOCG) Nullarbor, WA E69/3850 Central Nullarbor 26 (72.8) Au, Cu (IOCG) Nullarbor, WA E69/3849 South Null
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