Homeland Nickel Inc · TSXV:SHL
Homeland Nickel — Investor Presentation (May 2024)
21 slides from Homeland Nickel's investor presentation, May 1, 2024
Slide 1: America’s source of domestic nickel
America’s source of domestic nickel | May 1 2024 | Corporate Presentation
Slide 2: Disclaimer
atte * * Homeland Nickel America’s source for domestic nickel DISCLAIMER Q) * * eo This presentation contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectat
Slide 3: Canadian-based mineral exploration company with a focus on nickel in Oregon
Canadian-based mineral exploration company with a focus on nickel in Oregon Main asset is Cleopatra, a nickel laterite resource with 39.5 Mt @ 0.93% Ni We have an 80% interest in Cleopatra with a path to 100% Copper-gold joint-venture with Benton Resources in Newfoundland, Canada ~ $8.4 million CAD
Slide 4: Exchange, common shares outstanding, warrants
Exchange Toronto Venture Common shares outstanding 210,207,202 Warrants Nil Stock options 9,250,000 RSU’s 2,600,000 Total 222,057,202 March 1st, 2024
Slide 5: Securities holdings
Name Symbol Shares Owned Market Price Market Value Canada Nickel CNC 3,560,000 1.47 $5,233,000 Noble Mineral NOB 10,000,000 0.06 $600,000 Benton Resources BEX 15,000,000 0.15 $2,250,000 Magna Terra MTT 2,500,000 0.04 $100,000 securities $8,183,000 cash $300,000
Slide 6: Officers and Directors
Stephen Balch, P.Geo. – President and CEO Officers Also, VP Exploration for Canada Nickel Company Inc. Ashley Nadon, CPA, MBA - Chief Financial Officer Public company consultant and accounting services provider Errol Farr, CPA, CMA - Corporate Secretary Public company CFO and CEO, currently CFO of 4
Slide 7: Is there a source of domestic nickel?
NORTH AMERICAN BATTERY ‘ZX: Homeland Nickel F AC T O R | E S “\) America's source for domestic nickel * ent NORTH AMERICAN 0-2==" GIGAFACTORIES 2 ieasss iC iGUNE a Aas @UON ELECTRIC — Tesla, Nevada (35 GWh) Is there a source of domestic nickel?
Slide 8: Nickel Mining in America
Surface Nickel Nickel Mining in America TAMARACK Eagle Mine, Michigan EAGLE ❑ Nickel sulphide ❑ Underground ❑ 5.16 Mt @ 3.1% Ni, 2.6% Cu ❑ 440 million pounds contained Ni ❑ 8-year mine life ❑ closure ~2027 Tamarack Deposit, Minnesota ❑ Nickel sulphide ❑ Underground ❑ 17.03 Mt @ 1.28% Ni ❑ 480 millio
Slide 9: All projects are in southwest Oregon, close to infrastructure
All projects are in southwest Oregon, close to infrastructure, with known nickel occurrences Name County Type Cleopatra Curry Nickel Laterite Red Flat Curry Nickel Laterite Eight Dollar Josephine Nickel Laterite Shamrock Jackson Nickel Sulphide 100 km
Slide 10: Cleopatra location: Southwest Oregon, Curry County
LOCATION: Oregon ❑ Southwest Oregon, bordering California ❑ Curry County ❑ 15 km west of Hwy 199 ❑ Direct access by Road 450 SIZE: ❑ 2,872 acres, ~2.5 km by 6.0 km ❑ 139 mining claims California ❑ 1 claim ~ 600’ x 1,500’ or 20.66 acres ADMINISTRATION: ❑ Department of Geology (DOGAMI) ❑ Bureau of Lan
Slide 11: Nickel Laterite
Nickel Laterite ❑ Formed by prolonged weathering of ultramafic rocks (0.2-0.4% Ni) ❑ Confined to the upper 15-20 meters ❑ Combination of Ni-soil and Ni-rock (~0.4-1.7% Ni) ❑ Ni grade tends to increases with depth History ❑ Nickel laterites discovered in Oregon in 1881 ❑ Cleopatra was sampled by USGS
Slide 12: Almost all claims have >0.7% Ni
20.66 ac ❑ Almost all claims have >0.7% Ni ❑ 46 claims (949 ac) average 1.12% Ni ❑ 949 ac is equivalent to 10 Mt per vertical meter ❑ Average depth of exploration is 8-12 feet ❑ Maximum depth of exploration is 23.5 feet ❑ Upcoming exploration will test to 50 feet (15 m) ❑ Current resource is 39.5 Mt
Slide 13: Red Flat location: Southwest Oregon near Gold Beach
LOCATION: ❑ Southwest Oregon, near Gold Beach ❑ Curry County 5 km ❑ 10 km east of Hwy 101 ❑ Access by Road 635 Oregon SIZE: ❑ 1,820 acres, ~2.0 km by 5.0 km ❑ 84 mining claims ❑ 1 claim = 20.66 acres ADMINISTRATION: ❑ Department of Geology (DOGAMI) ❑ Bureau of Land Management ❑ Forest Service
Slide 14: Nickel Laterite
Nickel Laterite ❑ Weathered and upgraded ultramafic (from 0.3 to 1% Ni) ❑ Red Flat was explored to a maximum depth of 60’ (18 m) History ❑ Discovered in 1939 ❑ Reconnaissance mapping and sampling in 1947 ❑ Extensive drilling, trenching, sampling in 1954 ❑ Drilling and complete mapping in 1978 ❑ Addi
Slide 15: Eight Dollar location: Southwest Oregon near Selma
LOCATION: ❑ Southwest Oregon, near Selma ❑ Josephine County ❑ 10 km east of Hwy 199 Oregon ❑ Contains local trails and access routes SIZE: ❑ 1,611 acres, ~2.0 km by 5.0 km ❑ 78 mining claims ❑ 1 claim = 20.66 acres ADMINISTRATION: ❑ DOGAMI (exploration & mining) ❑ Bureau of Land Management (claims)
Slide 16: Nickel Laterite
Nickel Laterite ❑ Weathered peridotite with accumulations in local slumps ❑ Underlain by fresh peridotite (CO2 sequestering?) ❑ Very large area History ❑ Explored by Freeport in 1942 ❑ Discovery pits and shallow shifts dug ❑ Minor resource of 9 Mt @ 0.56% Ni identified ❑ Also found to contain chromi
Slide 17: Shamrock
Shamrock LOCATION: ❑ Southwest Oregon ❑ Jackson County ❑ 30 km north of Medford ❑ Intersected by Road 635 SIZE: ❑ 758 acres, ~2.1 km by 2.7 km ❑ 40 mining claims ADMINISTRATION: ❑ DOGAMI (exploration & mining) ❑ Bureau of Land Management (claims) ❑ Forest Service (land access) Medford
Slide 18: Nickel sulphide, limited drilling
❑ Nickel sulphide ❑ Ni, Cu, Pt, Co ❑ Limited drilling ❑ Road access ❑ Some underground workings ❑ Bulk sample 1.1% Cu, 1.3% Ni
Slide 19: Drillholes, trenches and mineralization
❑ 11 drillholes, several trenches (top left) ❑ Mineralization is faulted (top right) ❑ Typical mineralization taken near main adit – S68491 ❑ S68491 assayed 1.19% Ni, 1.97% Cu, 3.40 g/t TPM S68491
Slide 20: Selected results
❑ ❑ ❑ ❑ ❑ Selected results HOLEID Interval Cu grade (m) (%) GB20-05 27.20 8.06 GB20-20 22.75 6.89 GB18-05 20.94 6.21 GB23-02 13.00 8.31 GB23-04 26.87 7.18
Slide 21: 110 Yonge Street, Suite 1601, Toronto, Ontario
110 Yonge Street, Suite 1601 Stephen Balch – steve@homelandnickel.com Toronto, Ontario (905) 407-9586 M5C1T4 Errol Farr – errol@homelandnickel.com (647) 296-1270 www.homelandnickel.com