Northern Shield Resources Inc. · TSXV:NRN

Northern Shield Resources — Investor Presentation (April 2006)

30 slides from Northern Shield Resources's investor presentation, Apr 28, 2006

  1. Slide 1: Northern Shield Resources

    Northern Shield Resources NRN: TSX Venture N9S: Frankfurt A Unique Opportunity…

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements The information in this Presentation contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those included in the forward-looking statements. The forward-looking sta

  3. Slide 3: Capital Structure

    Capital Structure As of May 23, 2006 SHARES OUTSTANDING: 44,025,913 WARRANTS / OPTIONS: 9,197,142 FULLY DILUTED: 53,223,055 HELD IN ESCROW: 13,133,594 DIRECTORS & MANAGEMENT OWN: 26% CASH ON HAND: $550,000 CASH FULLY DILUTED: $2,263,661

  4. Slide 4: A Well-balanced Team

    A Well-balanced Team MANAGEMENT • Ian Bliss (President, CEO) • Samuel Legg (CFO) • Chris de Saint-Rome (VP Corp. Dev.) • Marcus Archer (Corp. Sec.) (Macleod Dixon LLP) DIRECTORS • William Kiff Chairman (Win Energy Corp) • Ian Bliss • Neil Bliss (formerly Alcan International Ltd) • Bernard Kelly (Bus

  5. Slide 5: Corporate Strategy

    Corporate Strategy • Focus on platinum group elements (PGEs) and diamond exploration in under-explored regions of eastern Canada • Expose investors to two of the most sought after and highly valued commodities in the world, thus levering the rewards from the discovery of any economically viable depo

  6. Slide 6: Projects – Highbank Lake (PGEs)

    Projects – Highbank Lake (PGEs) HIGHBANK LAKE • The discovery of a previously unknown, large (500 km2) layered intrusion was announced by NRN in early 2004 • Layered intrusions are highly sought after as nearly all of the world’s PGE reserves are contained within layered intrusions • At every turn,

  7. Slide 7: Highbank Lake Property (PGEs)

    Highbank Lake Property (PGEs) Amongst the ten largest layered intrusions in the world

  8. Slide 8: Layered Intrusion Model

    Layered Intrusion Model PGE deposits are found in Layered intrusions are known well fractionated layered for the remarkable continuity of intrusions in association their individual horizons with chromite and sulphide bearing layers or “reefs”

  9. Slide 9: Bushveld Igneous Complex

    Bushveld Igneous Complex Merensky UG2 Platreef Reef Million Tonnes 2,160 3,700 1,700 Grade 8.1 8.7 7.2 (PGE+Au, g/t)

  10. Slide 10: Highbank Lake Layered Intrusion

    Highbank Lake Layered Intrusion

  11. Slide 11: Highbank Lake Property

    Highbank Lake Property Scale map comparing the City of Ottawa to the Highbank Lake property

  12. Slide 12: Highbank 'Discovery' Outcrop

    Highbank ‘Discovery’ Outcrop

  13. Slide 13: Multiple Target Horizons

    Multiple Target Horizons Aeromagnetic and geochemical data indicate the presence of multiple prospective target horizons in positions consistent with those expected based on a Bushveld-type model

  14. Slide 14: MMI Geochem Results – Profile

    MMI Geochem Results – Profile 11 Pt, Pd, Cr, Ni, Cu, and Co geochemical anomalies at multiple horizons can be traced along strike for lengths of 20-40 km. These elements are common pathfinders in the Bushveld.

  15. Slide 15: MMI Geochem Results – Profile

    MMI Geochem Results – Profile 11 Mg enrichment at target horizons may indicate injection of “fresh” magma into the magma chamber. Magma mixing is believed to be key to the formation of PGE-rich ‘reefs’.

  16. Slide 16: Highbank Chromitite Boulders

    Highbank Chromitite Boulders The recovery of PGE-anomalous (up to 1.7 g/t) boulders from the property further supports the potential for PGE-chromitite reefs in the intrusion Massive chromitite

  17. Slide 17: Thickness of the Highbank Intrusion

    Thickness of the Highbank Intrusion The thickness of the layered intrusion at Highbank is comparable, perhaps even greater than the Bushveld Complex

  18. Slide 18: Comparable Chromitites

    Comparable Chromitites Grade Reserves Cr Cr2O3 M tonnes Great Dyke, - 44-51% 560 Zimbabwe LG 6 Bushveld - 46% 752 SA Highbank Lake 29% 43% ??? Bird River Sill - 6.9% 7.0 Big Trout Lake - 4-14% - Stillwater - 22% 4.0

  19. Slide 19: Comparable Chromitites (continued…)

    Comparable Chromitites (continued…) Cr / Fe RATIO FOR HIGHBANK LAKE CHROMITE COMPARED TO OTHER LAYERED INTRUSIONS 4.50 Chemical Chromite 4.00 Highbank Chromite in boulders Metallugical Chromite 3.50 Highbank Chromite in soil samples 3.00 Great Dyke Bushveld Cr / Fe ratio 2.50 Stillwater 2.00 Fiskena

  20. Slide 20: Titan-24 IP Survey Lines

    Titan-24 IP Survey Lines • PGEs will be concentrated in the sulphide phase • Sulphide-bearing target horizons should show up as chargability anomalies on the IP survey • Titan-24 survey is deep penetrating

  21. Slide 21: Platinum Demand

    Platinum Demand Environmental regulations governing Autocatalyst 44% exhaust emissions are being phased in around the world by 2010  Platinum used for oxidation of hydrocarbons and carbon monoxide Jewelry 34% in both gasoline and diesel engines  Rhodium is unique in its ability in converting NOx t

  22. Slide 22: Platinum: Supply and Demand

    Platinum: Supply and Demand Source: BMO Nesbitt Burns Gold and Precious Minerals

  23. Slide 23: Platinum Price

    Platinum Price Monthly Average Platinum Price 1300 1200 1100 1000 US$/troy oz 900 800 700 600 500 400 300 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06

  24. Slide 24: Additional Property Locations

    Additional Property Locations Bradley Diamonds Pipeline Diamonds Red Rover Diamonds/ Cu-Zn Highbank Lake PGE Taiga West Diamonds Kabika River JV Cu-Zn

  25. Slide 25: Projects – Diamonds

    Projects – Diamonds DIAMOND PROPERTIES Property Targets Comments Taiga West 3 high priority targets Drill ready Bradley 3 high priority targets Drill ready Project 2 other targets Require follow-up work 2400 sq km of airborne Data to be processed and picked magnetic survey data for targets Red Rover

  26. Slide 26: Diamond Targets

    Diamond Targets Taiga West Target Bradley Property Red Rover Property Targets

  27. Slide 27: Project Summary - Diamonds

    Project Summary - Diamonds  Several drill ready prospects  Properties located along a well-defined corridor that is prospective for diamondiferous kimberlites  Solid exploration targets identified using geophysics and KIM-bearing sediment samples  Increased diamond exploration activity in the re

  28. Slide 28: Project Summary - Highbank

    Project Summary - Highbank  Highbank Lake is a newly discovered, large (500 km2), unexplored layered intrusion  Northern Shield has 100% of the layered sequence staked  Strong indication of multiple PGE reefs  Anomalous concentrations of PGEs in soil samples can be traced intermittently along mu

  29. Slide 29: Project Summary - Highbank (continued…)

    Project Summary - Highbank (continued…)  Political and Economic Environment  A significant PGE and/or chrome deposit in Canada would demand a premium in the marketplace  Could be the largest PGE resource in North America  There are geopolitical drivers pushing PGE companies to diversify their as

  30. Slide 30: Northern Shield Resources

    Northern Shield Resources NRN: TSX Venture N9S: Frankfurt A Unique Opportunity…

Northern Shield Resources — Investor Presentation (April 2006) on 6ix