Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (November 2011)
33 slides from Northern Shield Resources's investor presentation, November 2011
Slide 1: NRN: TSX Venture November 2011 - A unique opportunity
NRN:$TSX$Venture$ November(2011( A(unique(opportunity…(
Slide 2: 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 statements are only made as of
Slide 3: Northern Shield Resources overview
• Northern Shield Resources Inc is a Canadian-based mineral exploration company built around its platinum group element (PGE) expertise which forms the basis of its exploration in eastern Canada • Despite the urgent need to find platinum sources in politically stable regions, Northern Shield is one
Slide 4: Focus and capital structure
Focus Platinum- (Nickel-Copper) Copper-Zinc-Silver Location Northern Ontario & Quebec Symbol NRN: TSX-V Last Price $0.23 Shares Outstanding 100.6 million Fully diluted 107.6 million 52 Week High/Low $0.48/$0.12 Shareholders NRN Management & Directors (20%) Sprott Asset Management (16%) Anglo Pacific
Slide 5: Share price / volume
I) SHARE PRICE/ VOLUME NORTHERN RESOURCES INC. $0.50 , 2,500,000 $0.45 mag Volume $0.40 2,000,000 ===Close $0.35 $0.30 1,500,000 $0.25 $0.20 1,000,000 $0.15 $0.10 ~ 500,000 > ! dud me i $- al btul ole slick dil wb ik wh L May 2010 | July 2010 April 2011 June 2010 = = Ss N = oO 2 o = August 2010 Sept
Slide 6: Directors, management, advisors/consultants
DIRECTORS) • William Kiff - Chairman (formerly Foothills Oil and Gas Inc) • Ian Bliss • John Pedersen (formerly with Scandinavian Minerals Ltd) • Dr Neil Bliss (formerly with Alcan International Ltd) • Jeff Boyce (Sure Energy Inc) MANAGEMENT) • Ian Bliss - President, CEO, Director • Samuel Legg – Ch
Slide 7: Platinum properties
Y | PLATINUM PROP NORTHERN®S"!'©! D RESOURCES INC * @ y oy > as } Idefix ye kuujjlag Lac d'Argent 3 bi =a ; - ‘ a QUEBI = Highbank Lake y “ Wabassi /Max/Storm \ ONTARIO
Slide 8: Demand and supply
DEMAND Julius Malema, Ex-President of ANCYL Youth SUPPLY “We are very happy that today you have taken over the farms. We hear you are now going straight to the mines. That's what we are going to be doing in South Africa," Malema said amid cheers. "We want the mines.”
Slide 9: Highbank Lake layered intrusive complex
• Highbank Lake is a large layered intrusive complex (500 sq km) discovered by Northern Shield that is geological similar to the Bushveld Complex in South Africa • Several low grade PGE “reefs” or layers have been intersected in drilling; exploration continues for the main PGE reef. • Numerous chrom
Slide 10: Highbank Lake sits up-ice from PGE-elevated till samples
Highbank)Lake)sits)up0ice)from)a) distinct)cluster)of)till)samples) that)are)elevated)in)PGEs)
Slide 11: Drill-hole rocks comparable to Bushveld Complex layers
The rocks intersected in drill-holes 01 and 05 from 2007 are very comparable to the layers just above the PGE deposits in the Bushveld Complex. Boulder)of)chromite0bearing)peridotite) Platinum)in)stream)sediment)sample) Nickel)in)stream)sediment)sample) Abundant)chromite)in)stream)sediment) sample)
Slide 12: Highbank Lake compared to size of Greater London
Outline of Highbank Lake Intrusive Complex compared to the size of Greater London
Slide 13: Slide 13
Slide 14: PGE-bearing Zone
PGE-bearing Zone ! 7-50 meters wide, ! 1,350 meters strike length ! Open at both ends Sample' Au' Pt' Pd'' PGEs+'Au' Cu' Ni'' (g/t) (g/t) (g/t) (g/t) (%) (%) ID11<04 0.3' 1.7 5.3 7.3 1.03 0.24 ID11<06 0.1 0.6 1.7 2.4 0.24 0.07 ID11<12 0.8 2.1 5.9 8.8 2.4 0.03 ID11<13 0.2 1.9 5.7 7.8 0.69 0.11 ID11<2
Slide 15: PGE-bearing Zone
Y NORTHERNS"!©) PGE-bearing Zone
Slide 16: Northern Ontario and Quebec property map
isin, G1 RE Idefix kuujjlage ~ Lac d'Argent iy a Oe OWEBEGS Milou 1 §Wabassi /Max/St aN ‘4 assi /Max/Storm ¥& Radisson | ONTARIO) a
Slide 17: Wabassi, Max and Storm properties
• The Wabassi, Max and Storm properties are being explored for VMS-type copper-zinc-silver deposits • The proposed route for a road and railway by Cliffs Natural Resources to access the chromitite deposits in the “Ring of Fire” passes through Wabassi and very near Highbank.
Slide 18: VMS = volcanogenic massive sulphides
• VMS = volcanogenic massive sulphides • VMS deposits are mined for copper, zinc, lead and by-products such as silver, gold, indium. • They formed from the circulation of hydrothermal fluids on or below the sea floor in association with volcanic activity. !
Slide 19: VMS camps
J VMS CAMPS NORTHERN RESOURCES INC Production \ Reserves Resources (Measured & Indicated) VMS Districts Vr Resources Inferred) =», be Val d'Or $4.6 7, iy fanda $22.18 YF ‘<
Slide 20: Storm, Wabassi and Max claim groups
Storm Claim Group (100%): 230 sq. km Wabassi (49%): 370 sq. km Max (59%) 70 sq. km 670 sq. km
Slide 21: Base-metal occurrences at Wabassi
Diamond drilling in 2010 and again in 2011 has identified 3 base-metal occurrences at Wabassi 1. copper-silver-gold-zinc- nickel at the A1 Zone. A1 Zone 2. high grade zinc-copper- A2 Zone silver in a VMS setting on the edge of the Wabassi Intrusion (A2 Zone) 3. high grade copper-zinc- silver VMS min
Slide 22: A1 and A2 Zone drill intercepts
Interval A1 Zone Ag Cu (m) 10WA-12 22.00 35.6 g/t 0.48% Incl 6.93 97.4 g/t 1.14% A1 Zone Fragment) of) goldBcopper) bearing) volcanic) rock) within) gabbro) Unresolved)conductor) A2'Zone' Interval'(m)' Ag' Cu' Zn' 10WA&07! 49.48! 31.7!g/t! 0.18%! 2.25%! and! 0.8! 247.0!g/t! 0.17%! 0.03%! A2 Zone and
Slide 23: Drill holes 11WA-16 and 11WA-17 intercepts
Interval' Cu'' Zn' Ag'' Au'' Drill'Hole' From' To' (m)' (%)' (%)' (g/t)' (g/t)' 11WA&16! 158.00! 178.05! 20.05! 1.1! 2.3! 54! 0.14! including!161.00! 174.10! 13.10! 1.5! 3.3! 76! 0.20! including!161.00! 168.60! 7.60! 1.7! 4.5! 91! 0.20! including!161.00! 162.00! 1.00! 0.7! 15.3! 38! 0.07! and!162.00
Slide 24: DDH 11WA-16 and 11WA-17 value per tonne
DDH 11WA-16 $363/tonne $415/tonne $593/tonne DDH 11WA-17 $1,177/tonne $1125/tonne $1042/tonne
Slide 25: Tempest 1 VMS, A1 & A2 Zone, E Zone
Tempest)1))VMS) A1)&)A2)Zone)) CuBZnBAg)–Au)VMS)) E)Zone) CuBZnBAg)VMS
Slide 26: Tempest 1 VTEM anomaly
TEMPEST 1 VTEM ANOMALY " Very'conductive'body' " Estimated'strike'length:'500<900'm' " Estimated'width:'100<200'meters' Fe sulphides with Silver Cu-Zn Ore
Slide 27: Tempest 1, Tempest 5 and syn-volcanic faults
Tempest)1) Tempest)5) SynBvolcanic)faults) ))))))))))))VTEM)anomaly)
Slide 28: Wabassi-Tempest VMS camp compared to other camps
Flin Flon 30 x 40 km $22 Billion Wabassi-Tempest VMS Camp 20 x 60 km Noranda 15 x 15 km $21 Billion Bousquet 12 x 2 km $12 Billion
Slide 29: Airborne EM targets tested in Wabassi-Tempest area
• 6 Airborne EM targets have been tested to date in the Wabassi-Tempest area • 4 of these have proven to be VMS occurrences • with 19 untested high priority EM targets, the early indications suggest the Wabassi area may prove to be a world class VMS camp
Slide 30: Upcoming exploration program
DECEMBER • Establish an exploration camp at Wabassi from which all regional and property-scale exploration shall be based. • Modelling of new VTEM anomalies at Wabassi and Storm JANUARY • Ground geophysics over new VTEM targets at Wabassi • Ground geophysics over new VTEM targets at Tempest • Drill
Slide 31: When opportunity knocks
WHEN)OPPORTUNITY)KNOCKS) • The copper-zinc-silver VMS discovery at Wabassi is a “Target of Opportunity” • To the shareholders of Northern Shield, this brings New Opportunity • It allows our shareholders to be exposed to the Unique Opportunity of a serious platinum explorer in Canada while backed by
Slide 32: Ian Bliss, President & CEO contact details
Ian Bliss, President & www. northern-shield.com CEO info@northern-shield.com +1.613.232.0459 55 Metcalfe Street Suite 440 Ottawa, Ontario K1P 6L5 Canada !!
Slide 33: Forward Looking Statements Advisory
Forward'Looking-Statements-Advisory) This%document%contains%statements%concerning%the%potential%for%PGE,%Cu9Zn9Ag9(Au)%and%other%mineralization%at% Highbank%Lake,%Max%,%Storm%and%Wabassi,%geological,%geophysical,%geochemical%and%geometrical%analyses%of% Highbank%Lake,%Max,%Storm%and%Wabassi%(includi
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