North Stawell Minerals, Ltd. · ASX:NSM

North Stawell Minerals — Victoria Gold Mining & Exploration Forum 2023

20 slides from North Stawell Minerals's conference presentation, Feb 23, 2023

  1. Slide 1: Victoria's Secret - gold potential under Murray Basin cover in the Stawell Zone

    NORTH STAWELL MINERALS For personal use only North Stawell Minerals Ltd Victoria’s Secret - gold potential under Murray Basin cover in the Stawell Zone. Victoria Gold Mining & Exploration Forum 2023 We acknowledge the traditional owners of the land on which we meet, the Wurundjeri peoples, and pay o

  2. Slide 2: Forward Looking Statements and Disclosures

    FORWARD LOOKING STATEMENTS AND DISCLOSURES For personal use only Forward Looking Statement and Disclosures. This presentation is not making any offer, inducement, solicitation or invitation of any kind by communication of this presentation to the recipient and under no circumstances is it to be cons

  3. Slide 3: Project Overview: North Stawell Minerals

    PROJECT OVERVIEW North Stawell & CORPORATE Minerals. TEAM Stawell For personal use only Zone NSM team and Project Experienced board and local management NSM Stawell Project • Outcome-oriented team with dollars-in-the-ground focus. Stawell • Deep exploration experience in Victoria and globally. • Mat

  4. Slide 4: NSM Performance and Sector: Board and Capital Structure

    NSM PERFORMANCE AND SECTOR ACORPORATE strong board&and money-in-the-ground management. TEAM ASX:NSM For personal use only Board Capital Structure 120m Jerry Ellis Non-Executive Chairman 30 years at BHP (2 years as Chairman), Graham Brown Non-Executive Director 40 years mining and exploration inc Gro

  5. Slide 5: NSM Tenement Position

    NSM TENEMENT POSITION NSM holds an exciting tenement position - 60km’s strike under thin cover with shallow, poorly tested, multi-million ounce gold potential For personal use only Tenement Status Number Area Initial NSM Earn-in Name (km2) holding potential Wildwood Granted RL007051 50 51% 90% Barra

  6. Slide 6: Stawell Zone and Murray Basin Cover

    STAWELL ZONE AND MURRAY BASIN COVER The Murray Basin CORPORATE is an impediment to historic (and modern) exploration BUT & TEAM these sediments preserve potential for shallow, multi-million ounce gold. For personal use only • The gold-prospective Stawell Corridor geology and structures disappear und

  7. Slide 7: "Type" Deposit - The Stawell Mine

    “TYPE” DEPOSIT – THE STAWELL MINE The common feature for all Stawell mineralisation is that it’s near the margins of the basalt core. For personal use only Deposit model Stawell-type Gold Orogenic Gold (Ballarat, Bendigo) West flank – 4km strike, 1km down-dip, Dome-related Gold (Homestake) shallow p

  8. Slide 8: "Type" Deposit - The Stawell Mine

    “TYPE” DEPOSIT – THE STAWELL MINE The common feature for all Stawell mineralisation is that it’s near the margins of the basalt core. For personal use only Typical (but not always) mag response Gravity -ve response Gravity +ve response Deposit model Stawell-type Gold Orogenic Gold (Ballarat, Bendigo

  9. Slide 9: Wildwood 2021

    WILDWOOD 2021 NSM had an early focus on the Wildwood Project. Offset of the faulted margins of the dome were not resolved during drilling, impacting the Project pathway. For personal use only 2020-2021 work targeted Wildwood as a priority target Upside? Offset to depth & along dome hinge to south. F

  10. Slide 10: Regional Data - The Right Tools for the Task

    REGIONAL DATA – THE RIGHT TOOLS FOR THE TASK To “weaponise” geophysics for exploration, AGG gravity was acquired. Other products include structural analysis and 3D inversion (3D shapes) For personal use only Ground Gravity - 287 Ground stations Falcon AGG lines (E-W), Equivalent to 55,400 stations,

  11. Slide 11: Regional Data - The Right Tools for the Task

    REGIONAL DATA – THE RIGHT TOOLS FOR THE TASK Working with a best-available dataset (including geo-knowledge) to effectively test and rank Stawell-like targets under cover. For personal use only Footprint of 4.9 Moz Au Stawell Gold Mine. Structure and Historic edge detection Drilling data Interpreted

  12. Slide 12: Regional (Phase 1) Drilling Targets

    REGIONAL (PHASE 1) DRILLING TARGETS Wide-spaced vertical AC drilling answers the most important question – is there gold in the interpreted Stawell-like structure? For personal use only ~20 priority targets 25,000m of AC drilled (2022) 133 of 406 Phase 1 holes have encouraging anomalism. • 49 requir

  13. Slide 13: Phase 2+ Drilling and RC - Positive Results

    PHASE 2+ DRILLING AND RC - POSITIVE RESULTS Demonstrates primary mineralisation and/or determines geometry (strike and extents, dip, approx. grade and thickness) For personal use only 15,000m AC follow-up and infill programs + 2 new regional programs Ashens + Deeper holes under maturing targets (?)

  14. Slide 14: Regional Application of the Stawell Model

    REGIONAL APPLICATION OF THE STAWELL MODEL The geophysics-responsive basalt cores allow assessment of position in potential larger gold systems For personal use only Typical (but not always) mag response Targeting the margins or the ‘roof’ of Gravity -ve response Gravity +ve response interpreted basa

  15. Slide 15: Geological Advantage

    GEOLOGICAL ADVANTAGE NSM Advantage: A model that responds directly to geophysics and a well-studied type-deposit accessible to the geology team For personal use only Stawell Zone “Typical” Geophysics Victorian response Geophysics response 2km The Stawell-type gold mineralisation is, in 40 years of m

  16. Slide 16: "Type" Deposit - Wildwood Resource

    “TYPE” DEPOSIT – WILDWOOD RESOURCE 55,000 oz Au at 2 g/t Au Inferred Mineral Resource (1g/t Au cutoff). Proof of concept for Stawell-type gold under cover. For personal use only Wildwood remains the “most recent” greenfield maiden gold resource in Victoria (2006). Discovery snapshot: Inferred Minera

  17. Slide 17: Better Science Better Exploration

    BETTER SCIENCE BETTER EXPLORATION Using the science to “do the heavy lifting” has huge potential to continue to vector towards mineralisation in Stawell-type systems. For personal use only N N N 500m 2km 500m Inversions of airborne gradiometry and Regional Mineral Prospectivity In collaboration with

  18. Slide 18: Exploration Pathway

    EXPLORATION PATHWAY Building a robust project pipeline – targeting Stawell-like mineralisation under shallow cover. For personal use only Program focus was reshaped in late 2021 to ensure a robust target pipeline - a sustainable pipeline with key projects is evolving fast. • Campaign AC to test new

  19. Slide 19: Corporate Advantage

    CORPORATE ADVANTAGE NSM Advantage: reduced hurdles to exploration and production enhance and amplify exciting exploration targets, and shorten timelines. For personal use only 3-person full-time community team has Strengthening positive relationships – A commercial arrangement with Stawell made subs

  20. Slide 20: Company Summary

    Gold COMPANY A WORLD-CLASS BROWNFIELDS GOLD EXPLORATION potential under Murray Basin SUMMARY cover in the Stawell Zone. For personal use only VICTORIAS SECRET. • The Stawell Goldfield (5 Moz Au (historically the 4th largest goldfield in Victoria) is an exciting target th • NSM holds 504km2 of ground

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