North Stawell Minerals, Ltd. · ASX:NSM
North Stawell Minerals — Investor Presentation (September 2024)
38 slides from North Stawell Minerals's investor presentation, Sep 24, 2024
Slide 1: Origins and the Stawell Story
ORIGI NS AND THE STAWELL S TORY Equity Capital Raising Presentation September 2024 ASX:NSM
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Purpose of this document This investor presentation dated 24 September 2024 has been prepared by North Stawell Minerals Ltd ACN 633 461 453 (NSM or the Company) for general information purposes using the information available to NSM at the time of publication. Summar
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer Hong Kong Entitlement Offer WARNING: This document may be distributed in Hong Kong only to (i) not more than 50 existing shareholders of the Company and (ii) any other shareholder who is a "professional investor" (as defined in the Securities and Futures Ordinance of
Slide 4: Important Notices and Disclaimer
Important Notices and Disclaimer Singapore This document and any other materials relating to the New Shares have not been, and will not be, lodged or registered as a prospectus in Singapore with the Monetary Authority of Singapore. Accordingly, this document and any other document or materials in co
Slide 5: Important Notices and Disclaimer
Important Notices and Disclaimer Forward Looking Statement and Disclosures. This Presentation contains "forward-looking statements". Forward-looking statements can generally be identified by use of words such as "may", "should", "could", "foresee", "plan", "aim", "will", "expect", "intend", "project
Slide 6: Executive Summary
Executive Summary North Stawell Minerals Limited (ASX:NSM) is a western Victoria gold exploration company that has consolidated 504km2 (60km strike) in the "Stawell Corridor" immediately along strike from the operating Stawell Gold Mine. • NSM has consolidated 504km2 (60km strike) (1) in the "Stawel
Slide 7: Corporate Overview
Corporate Overview A highly experienced leadership team with strong exploration and mining experience - NSM is solely focussed on gold in western Victoria BOARD AND MANAGEMENT CAPITAL STRUCTURE Single-commodity and single- Jerry Ellis Non-Executive Chairman jurisdiction project. 30 years at BHP (2 y
Slide 8: Agenda
Agenda 1. NSM Tenement Package Page 9 2. Stawell Gold Mine Page 14 3. Focused exploration program to discover another "Magdala" Page 18 4. Equity Capital Raising Page 21 Appendices: 5. • Appendix 1 - NSM Tenements (Additional Slides) Page 25 • Appendix 2 - Equity Capital Raising (Additional Slides)
Slide 9: 1. NSM Tenement Package
1. NSM Ten ement Package NSM's tenements are the northern continuation of the gold-prospective Stawell Corridor - but masked (and preserved) by a thin blanket of sediments ASX:NSM
Slide 10: Magnetics Image (TMI-Tilt)
NSW Ma gn et i cs I ma g e ( T MI - T I L T ) F ro m ea rly 20 00 ' s SA VIC 50km Background : TMI magnetics - tilt filtered NSM P R I V A T E A N D C O N F I DE N T IA L 11 1 1
Slide 11: NSM Tenements
NSM Tenements NSM tenements (yellow) NSM has consolidated 504km2 (60km strike)(1) in the "Stawell Corridor" bordering the Stawell Gold Mine heading North-West along strike. See Appendix 1 for details. 10km Stawell Gold Mine Background : TMI magnetics - tilt filtered (1) See ASX:NSM 31 July 2024 P R
Slide 12: North Stawell Minerals - shallow gold potential
North Stawell Minerals - shallow gold potential NSM "Cover" masks the gold-prospective rocks tenements "Cover" = Mud, rocks, (yellow) in the Stawell Corridor from 6km north of dirt, farms, forests the mine at Stawell. Cover - 5-60m thick - preserves potential for large gold deposits at very shallow
Slide 13: Drilling results through cover
5.00m @ 1.21 g/t Au from 56.00m (ASA115) (1) 2.00m @ 2.00 g/t Au from 58.00m (ASA184) NSM tenements 1.00m @ 5.05 g/t Au from 56.00m (NSAC0172) 1.00m @ 3.00 g/t Au from 42.00m (NSAC0173) (2) Drilling results Interpreted (yellow) through cover basalt 5.00m @ 1.06 g/t Au from 77.00m (WLA045) (1) domes
Slide 14: 2. Stawell Gold Mine
2 . S t a w e l l G o ld M i n e Immediately adjacent to NSM's tenements, the Stawell Gold Mine (operated by SGM) is a template for NSM's exploration. ASX:NSM
Slide 15: What's the big deal with the Stawell Gold Mine?
What's the big deal with the Stawell Gold Mine? Stawell Gold Mine Originally a WMC Yielded nearly 5 Most (nearly all) has The owners of commenced project has had 10 million Oz Au - still come from the Stawell Gold Mines production in the owners over the operating as of Magdala basalt have ~ 60% 1980
Slide 16: The "Stawell-type" gold model
surface Mineralisation The "Stawell-type" gold model "splays" from the mineralised top of basalts structures wrap around Unique to the Stawell Corridor in Victoria, large slabs of basalts basalt (domes) are emplaced before the gold mineralisation occurs. basalt "dome" The shears and faults that focu
Slide 17: The Stawell Gold Mine
Magdala East Magdala West Magdala Basalt "dome" The Stawell Gold Mine - looking south. Mineralisation (yellow) wraps around the large basalt slab (the Magdala Dome) Source and permission: Stawell Gold Mines P R I V A T E A N D C O N F I DE N T IA L 1 8 Private and confidential 18
Slide 18: 3. Focused exploration program to discover another "Magdala"
3 . F o c u s e d e x p l o r a t i o n p r o g r am to disc over another "Magdala" ASX:NSM
Slide 19: Two priority targets north of Magdala under cover
Two priority targets north of Magdala under cover. Data acquisition and processing has advanced significantly over the past 30 years. high resolution gravity data (1) EL007325 (NSM) RL007051 (NSM) Wildwood Stawell Gold Miners EL007182 Darlington (NSM) EL007324 EL007324 (NSM) (NSM) Stawell 10 km Gold
Slide 20: Stawell footprint
The NSM tenements include multiple drill-identified and geophysics- interpreted basalt domes, with significant potential to host a repeat of Stawell on the basalt margins. Wildwood includes a shallow Identified and Mineral Resource (1) : SGM's Stawell Mine (on the interpreted 1.15Mt at 2.4 g/t Au fo
Slide 21: 4. Equity Capital Raising
4. Equity Capital Raising ASX:NSM
Slide 22: Equity Capital Raising - Overview
Equity Capital Raising - Overview • Equity capital raising of approximately $1.3m (before costs), comprising: • Placement of 20.9m fully paid ordinary shares at $0.01 per share ($0.2m) within the Company's available capacity under ASX LR 7.1 (Placement); and Offer Structure & Size • Fully underwritt
Slide 23: Equity Capital Raising - Overview
Equity Capital Raising - Overview • Entitlement offer is non-renounceable, and rights (Entitlements) are not transferable and will not be able to be traded on the ASX or privately. Eligible shareholders can choose take up all, part or none of their Entitlement. Eligible shareholders who do not take
Slide 24: Equity Capital Raising - Timetable
Equity Capital Raising - Timetable Event* Time (Melbourne Time) / Dates (2024) Announcement Placement and Underwritten Entitlement Offer 24 September Record date for the Entitlement Offer (7:00pm Melbourne time) 27 September Offer Booklet and Entitlement & Acceptance Form issued and Entitlement Offe
Slide 25: Appendix 1 - NSM Tenements (Additional Slides)
5. Ap pendix 1 - NSM T e n e m e n t s ( A d d it io n a l S l id e s ) ASX:NSM
Slide 26: North Stawell Minerals
Ashens Challenger North Stawell Minerals Lubeck Tip Lubeck Multiple potential basalts have been Old Roo identified with geophysics through Marlu South cover north of Stawell. Darlington Wildwood Eight have been confirmed with drilling (2 confirmed by NSM) Six include +1g/t Au in drilling - a Wimmera
Slide 27: Obscured by thin cover
Obscured by thin cover The exploration challenge (and upside) is to determine if they really are the same as Magdala using an extensive exploration program, testing against a Stawell-type gold model. Firstly, we're looking for evidence of gold near-surface, either on the margins of shallow basalts o
Slide 28: The Wildwood Prospect is under-explored at modest depths
The Wildwood Prospect is under-explored at modest depths. Deeper mineralisation (and drill targets) are identified for follow up West side East side Gold intercept in drillhole 500m P R I V A T E A N D C O N F I DE N T IA L 2 9
Slide 29: A comparison of Wildwood (2024) and Stawell (1994)
A comparison of Wildwood (2024) and Stawell (1994) Plan Section At Wildwood, despite a shallow focus for drilling, isolated deeper gold results indicate potential Wildwood (2024) for a depth-persistent mineralisation system. 0.90m @ 1.48 g/t Au from 885.65m (WWD075) (1) In 1994, the depth extent of
Slide 30: Darlington, 6km north of Stawell
Darlington, 6km north of Stawell, was mined in the 1850's to 100m. It is interpreted as a splay above a deeper basalt dome - similar to the Mariners splay at Magdala. Darlington Mine - Historic production: 2,347 Oz Ay at 18g/t Au - See ASX:NSM 26 Jul 2023 Splay (Mariners). Basalt intercept - NSD053
Slide 31: NSM's tenement portfolio
NSM's tenement portfolio - 60km strike of the gold-prospective Stawell Corridor - masked and preserved by a thin blanket of Murray Basin sediments Tenement Status Number Area (km2) Initial NSM Earn-in Name holding potential Wildwood Granted RL007051 50 51% 90% Barrabool Granted EL5443 182 51% 90% Gl
Slide 32: Appendix 2 - Capital Raising (Additional Slides)
5 . A p p e n d i x 2 - C a p i t a l R a i si n g (Ad ditional Slides) ASX:NSM
Slide 33: Summary of Key Risks
Summary of Key Risks Introduction beyond the control of the Company. Losses resulting from any of these risks could have a material adverse There are a number of risk factors that could potentially impact the Company and any investment in the effect on the Company's financial resources or could resu
Slide 34: Summary of Key Risks (continued)
Summary of Key Risks (continued) Reserve and Resource estimates and Exploration Targets other regulatory approvals, licences and permits under applicable mining laws, environmental regulations Resource and reserves estimates are expressions of judgment based on knowledge, experience and industry and
Slide 35: Summary of Key Risks (continued)
Summary of Key Risks (continued) Environment risks and safety, or the health and safety of others associated with its business, NSM is unable to guarantee The operations and proposed activities of the Company are subject to laws and regulations concerning the that it can completely eliminate hazards
Slide 36: Summary of Key Risks (continued)
Summary of Key Risks (continued) Social and climate change risks may be impacted by a variety of general global economic and business conditions, such as the general economic outlook, interest rates, inflation rates, currency fluctuations, mineral price fluctuations, changes Establishment of strong
Slide 37: Underwriting Agreement
Underwriting Agreement The Company entered into an underwriting agreement in respect of the Entitlement Offer on 20 September 2024 (Underwriting • there is an adverse change, or an event occurs that is likely to give rise to an adverse change, in the business, assets, liabilities, Agreement). financ
Slide 38: North Stawell Minerals Limited (ASX: NSM)
ABOUT NORTH STAWELL MINERALS LIMITED: North Stawell Minerals Limited (ASX: NSM) is an Australian-based gold exploration company focused on discovering large scale gold deposits in the highly prospective Stawell Mineralised Corridor in Victoria. The Company is exploring prospective tenements located
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