NorthX Nickel Corp. · CSE:NIX
NorthX Nickel — Archer Exploration — Investor Presentation (March 2024)
27 slides from NorthX Nickel's investor presentation, Mar 21, 2024
Slide 1: Corporate Presentation
Corporate Presentation March 2024 A Leading Canadian Nickel Explorer & Developer archerexploration.com CSE: RCHR | OTC: RCHRF | FSE: 6YR0
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 results of proposed exploration activities are as anticipated; the Company’s operations are not disrupted or delayed by unusual has been prepa
Slide 3: Investment Highlights
Investment Highlights Grasset is the only undeveloped nickel sulphide deposit (>50kt Ni, >1.5% NiEq) in NA not held by a major Asset Pipeline Untested Potential Grasset Grasset 100% owned, 5.5 Mt Indicated Resource1 @ 1.53% NiEq in Current resource was created from essentially one very the Abitibi G
Slide 4: Asset Portfolio
Asset Portfolio Resource growth in the Abitibi and a pipeline of projects in Sudbury Sudbury Grasset The third-largest land Cornerstone of Archer’s package in the world’s portfolio, located in the second-largest nickel district Abitibi Greenstone Belt 37 properties and 300 km2 Indicated Resource1 of
Slide 5: Grasset Nickel Project
Grasset Nickel Project One of the Abitibi’s largest nickel sulphide deposits Unexplored Opportunity Current 5.5 Mt @ 1.53% NiEq Indicated Resource1 was created from essentially one successful drill campaign in 2014-15 with minimal follow up Positive, Simple Metallurgy Initial metallurgical testing y
Slide 6: District Scale Potential
District Scale Potential 100% owned by Archer - 5.5 Mt @ 1.53% NiEq Indicated Resource1 23 km NW trending corridor containing ultramafic bodies Located in the volcano-sedimentary belt of the Abitibi subprovince Majority of regional historical drilling on the project was designed to test VMS go
Slide 7: Grasset Ultramafic Complex
Grasset Ultramafic Complex Fertile and highly-prospective ultramafic corridor that has seen little-to-no nickel-focused exploration Fertile Trend With District Scale Potential Vast majority of the 23 km long GUC is underexplored. Nearly all historical regional exploration was designed for VMS Au t
Slide 8: Grasset Deposit: Two Lenses of High-Grade Massive Sulphides
Grasset Deposit: Two Lenses of High-Grade Massive Sulphides H1 & H3 lenses - each open at depth, H1 largely untested SW NE SW NE Two high-grade sub-vertical massive sulphide lenses within a ~200 m thick mineralized footprint Ore lenses are believed to have been once horizontal and subsequently t
Slide 9: Grasset Exploration Objectives
Grasset Exploration Objectives 5.5 Mt @ 1.53% NiEq Indicated Resource1 with room to grow Two High-Grade Lenses H1 & H3 – two high-grade sulphide bearing horizons within ultramafic host units striking NW-SE H3 lens has a currently defined ~500 m strike length and hosts the bulk of the high-grade
Slide 10: 2023 Summer Drilling: Discovery of New Zone in H1?
2023 Summer Drilling: Discovery of New Zone in H1? High-Grade Massive Sulphides Discovered in Archer’s First Exploration Hole GR23-03, Archer’s third hole of the summer program (first exploration hole), intersected 1.55% Ni over 5.80 metres, including 5.75% Ni over 0.60 metres at a depth of 330 me
Slide 11: Fall & Winter Drilling – Extending the H1X Discovery Zone
Fall & Winter Drilling – Extending the H1X Discovery Zone 2023 Fall & 2024 Winter Drilling Two holes (1,132 m) drilled in December 2023 and three holes drilled in January 2024 (1,323 m) successfully extended mineralization of the H1X Discovery Zone to a depth of approximately 430 metres H1 Confi
Slide 12: Conceptual Ore Formation Model
Conceptual Ore Formation Model Since the discovery at Kambalda (1960’s), komatiites have been recognized as significant hosts of magmatic nickel ores Key Features of a Komatiite-hosted Nickel Deposit Komatiites are extremely hot ultramafic (low silica, rich in iron & magnesium) lavas largely restr
Slide 13: The Necessary Building Blocks In Place
The Necessary Building Blocks In Place Evidence of a rich mineralizing process at Grasset Hole GR23-03 in Context Sulphur from the country rock saturates lava and results in the formation of immiscible sulphide blobs rich in Ni, Cu Co and PGE Sulphides settle to the base of the flow channel due
Slide 14: Comparing H1 to H3 – What's Missing?
Comparing H1 to H3 – What’s Missing? H1 Longitudinal Section H3 Longitudinal Section 900t 83,300t contained NiEq1 contained NiEq1 High Priority Area Not Drill Tested The high-grade portion of H3 (98% of resource) can easily fit within the undrilled portion of H1 1 For additional information regardin
Slide 15: 2023 Summer Geophysics
2023 Summer Geophysics 2023 Downhole Electromagnetic (DHEM) Survey InfiniTEM-XL ground EM successfully defined conductive plate (S6) consistent with high-grade mineralization discovered in hole GR23-03 The S6 conductor begins 290m below surface and is 400m x 400m Very similar 400m x 400x condu
Slide 16: GUC Central Discovery
GUC Central Discovery GUC Central Discovery – 7 km NW of the Grasset Deposit 3.59% Ni over 1.03m within 1.35% Ni over 3.94m High-Grade Massive Sulphides FAB-18-58 returned the best intercept to date with 7.58 m at 1.05% Ni, 0.31% Cu, 0.05% Co, 0.20 g/t Pt and 0.48 g/t Pd Classic Sulphide Segregation
Slide 17: Sudbury Basin: A World Class Nickel Camp
Sudbury Basin: A World Class Nickel Camp Canada’s largest mining camp with a 135+ year history Unique Geological Formation The Sudbury Igneous Complex (SIC) is a unique geological feature that is the result of an eroded 1.8-billion-year-old impact crater A History of Mining Since the late 1800’s, 77
Slide 18: Sudbury Portfolio
Sudbury Portfolio The 3rd largest land package in the world’s 2nd largest nickel district Substantial, Strategic & Protected Large, prospective and under-explored land package with blue sky exploration potential Focus areas share similarities to other tier-one deposits in Sudbury Significant r
Slide 19: Parkin: Advanced Exploration
Parkin: Advanced Exploration A past-producing, well-endowed embayment structure with new discoveries 9.4 km of Untested Offset Dyke Sudbury offset dyke hosted deposits are an important deposit type in Sudbury, accounting for ~1/3rd of the total ore mined – typically have a concentration of PGMs Well
Slide 20: Parkin: Advanced Exploration
Parkin: Advanced Exploration Offset dyke hosted Ni-Cu-PGM mineralization Significant Growth Potential Near surface historic resource (North and Past Producing Milnet Mine North and South Zone Deposits NE SW South Zone deposits) with five mineralized zones over a 750 m strike length Mineralized z
Slide 21: Sudbury Exploration Priorities
Sudbury Exploration Priorities Planned exploration of the Sudbury portfolio Parkin Trill Windy Lake Frost Lake Advanced exploration with 9.4 Advanced exploration with 9.5 Grassroots exploration with targets Grassroots exploration with targets km of the Parkin Offset Dyke km of the Trill Offset Dyke
Slide 22: News Flow & Upcoming Catalysts
News Flow & Upcoming Catalysts Aggressive exploration with continuous news flow Corporate Activities Grasset Parkin (Sudbury) Other Sudbury Community and First Nations N9 Conductor Drilling Permitting & Planning Trill Engagement and Consultations Resource Expansion Step-out Permitting (compl
Slide 23: Share Structure & Performance
Share Structure & Performance Canadian Ni-Cu-Co-PGM exploration & development $$ Exp. millions Issued & Outstanding 113.92 CSE: RCHR – 1 Year Chart Warrants 0.66 May-24 0.39 Warrants 1.02 Nov-24 11.69 Warrants 0.16 Nov-26 23.25 Warrants 0.16 May-25 0.12 Stock Options 0.36 Dec-23 0.03 Stock Options 0
Slide 24: Leadership Team
Leadership Team A track record of success – grassroots through production Tom Jacquelin (Jack) Sherry Wes Management Meyer Gauthier Roberge Short President, CEO & VP Exploration Chief Financial Officer VP Corporate Development Director & Corporate Secretary CFA, P.Eng with 25+ years experience P.Geo
Slide 25: Technical Advisory Committee
Technical Advisory Committee A seasoned team, a diverse skillset, and track record of advancing discoveries to production Dr. Neil Brian Alan Dr. Michael O’Brien Booth King Lesher TAC Chair & TAC Member TAC Member TAC Member Corp. Advisor Economic geologist and former mining Experienced mining e
Slide 26: 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 27: A Leading Canadian Nickel Explorer & Developer
Tom Meyer President & CEO, Director tom@archerexploration.com General Contact +1 866 899 7247 (RCHR) info@archerexploration.com A Leading Canadian Nickel Explorer & Developer archerexploration.com CSE: RCHR | OTC: RCHRF | FSE: 6YR0
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