Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (December 2022)
30 slides from Northern Shield Resources's investor presentation, December 2022
Slide 1: Corporate Presentation - December 2022
TSX-V: NRN C O R P O R A T E P R E S E N T A T I O N - D E C E M B E R 2 0 2 2 @NorthernShield
Slide 2: Forward Looking Statement
FO RW ARD LO O KING STATEMENT • This document contains statements concerning the potential for gold, silver, copper and other mineralization at Root & Cellar geological, geophysical, geochemical and geometrical analyses of Root & Cellar and comparisons of the properties to known epithermal gold depo
Slide 3: Northern Shield Introduction
NO RTHERN SHIELD INTRO D UCTIO N 01 02 03 O u r Sp a c e a n d Vis io n O u r As s e t s O u r Ap p ro a c h Expansive terranes, Supported by several gold Generator of high quality New ideas, anomalous surface samples. early-stage Large targets. The geology context suggest exploration targets throug
Slide 4: Newfoundland Projects
NEW FO UND LAND P RO J ECTS Recent discoveries in NEWFOUNDLAND show that the province does indeed host world class gold deposits. After further significant gold discoveries at the Root & Cellar Property, Northern Shield is well positioned to become the next focal point on the Island. RO O T & CELLAR
Slide 5: Root & Cellar – Gold and Copper
RO O T & CELLAR – GO LD AND CO P P ER • The Property hosts prolific gold and copper mineralization over a large area. BRAXTON-BRADLEY 2.5 g/t Au 128 g/t Ag, • Mineralization is hosted in a distinct 1.4% Cu volcanic complex. • Exploration model is based on an WINDFALL alkaline-driven epithermal and c
Slide 6: Alkaline Related Systems
ALKALINE RELATED SYSTEMS Alkaline related epithermal systems can produce very large and high-grade deposits Conquest IP targets in white outline (more on these later) but note the distinct concentration of elevated vanadium to the IP target that’s clostest to surface Thematic plot of elevated vanadi
Slide 7: Mineralized Samples
MINERALIZED SAMP LES Drop Zone – Quarts-hessite vein in altered rhyolite Windfall - Ag-Au-Te +/-(Pb-Zn-Cu) Conquest – Specularite veined rhyolite RC19-5012A– 5.3 g/t Au, 113 g/t Ag, 50 g/t Te RC20-3046 4.4 g/t Au, 8.1 g/t Ag CN15-31 0.8 g/t Au, 0.8 g/t Ag Drop Zone - Au-(Ag) Windfall - Ag-Au-Te +/-(
Slide 8: Conquest Discovery Area
CO NQ UEST D ISCO VERY AREA • Significant gold was discovered at Root & Cellar by a local prospector in a hand dug trench 21RC-09 • On-going surface sampling has identified gold over a 29 g/t Au near continuous 700 meter strike-length. New Visible Gold Boulder • Variety of mineralization styles, inc
Slide 9: Central Zone: Drill Program Results
CENTRAL ZO NE: D RILL P RO GRAM RESULTS • Maiden, 14 drill-hole program completed at Root & Cellar in 2021 Hole ID From To Length Au Ag As 28.05 29 0.95 1.23 0.9 124 • 1.43 g/t Au over 7.95 m within 30 meter of surface. 29 30 1 1.86 1.7 145 30 31 1 5.71 4.4 298 31 32 1 0.18 1.9 264 21RC-05 32 33 1 0
Slide 10: Conquest: 111.5 g/t Gold
CO NQ UEST: 111.5 G/ T GO LD • Sampling and prospecting has resulted in the discovery of a boulder hosting visible gold and assaying 111.5 g/t gold. • The large angular boulder was found in the immediate vicinity of several high priority, near surface IP anomalies. Boulder containing visible gold an
Slide 11: Conquest: Visible Gold
CO NQ UEST: VISIB LE GO LD TSV-V: NRN 11
Slide 12: Conquest Geology and Mineralization
CO NQ UEST GEO LO GY AND MINERALIZATIO N • Mineralization is constantly expanding CONQUEST NORTH • Over 500 samples anomalous in Au. Grades up to 111.5 g/t gold +/- silver, tellurium. Cover Sequence • Much of the mineralization discovered on surface to date is spatially associated with a rhyolite-fl
Slide 13: Conquest IP - Near Surface Targets
CO NQ UEST IP - NEAR SURFACE TARGETS “ LITHO -CAP -TYP E MINERALIZATIO N” • Small to moderate sized IP chargeability anomalies but… Andesite • Very abundant • Largely confined to faults, contacts and voids in Andesite- Rhyolite Unit and along Conquest Fault Zone Mineralization • Potential for near s
Slide 14: Conquest IP: Feeder Gold Targets
CO NQ UEST IP : FEED ER GO LD TARGETS • Deeper depth slices from the IP survey show multiple strong IP anomalies some of which coalesce along north-south trends IP Chargeability depth slice at -80 • These trends are not obviously apparent on surface where metres. Note lithological units and most str
Slide 15: Conquest: Supporting Evidence for Feeders
CO NQ UEST: SUP P O RTING EVID ENCE FO R FEED ERS Near surface IP anomalies cluster along the north- • Very strong correlation between high gold samples and central Conquest IP target (Target CZ1) south feeder trend. • Very strong correlation between potassium alteration with rocks that immediately
Slide 16: Conquest: North South Structures Identified
CO NQ UEST: NO RTH SO UTH STRUCTURES ID ENTIFIED • Three outcrops hosting mineralized north-south structures have been recently identified • These discoveries validate the interpretation that the northerly trending IP anomalies are the principal gold targets Silicified and mineralized rhyolite with
Slide 17: Conquest: More Visible Gold
CO NQ UEST: MO RE VISIB LE GO LD TSV-V: NRN 17
Slide 18: Conquest: Large & Expanding Footprint
CO NQ UEST: LARGE & EXP AND ING FO O TP RINT • Due to erosional levels most of the gold to date has been found above target CZ1 in the central portion of the Conquest Zone • However, the geophysical targets outlined, all share strong similarities to CZ1. • The targets cover an area of approximately
Slide 19: Next Phases of Exploration
NEXT P HASES O F EXP LO RATIO N • Trenching: • permits pending for 9 trenches in Conquest Zone. • Mapping: • Infill mapping in Conquest Area and expand south towards copper • Prospecting: • Northern Conquest Zone where mineralization Planned Trenches could sub-crop on northside of ridge Drill pad –
Slide 20: Root & Cellar Copper
RO O T & CELLAR CO P P ER “Although much of Gold anomalous soil sample the exploration at Copper anomalous soil sample Root & Cellar has Gold anomalous rock sample Copper anomalous soil sample focused on the gold, the copper porphyry potential is very real.” CONQUEST • 72 samples collected from Root
Slide 21: Root & Cellar Copper Deposit Model
RO O T & CELLAR CO P P ER D EP O SIT MO D EL Outcrops of vent breccias and magmatic hydrothermal breccias exposed in a series of quarries These types of breccias typically form from the explosive interaction of groundwater and the hot magma that formed the intrusion. The high-grade copper found to d
Slide 22: The Big Picture
THE B IG P ICTURE VLF Conductor Braxton-Bradley Windfall Map showing Fraser filtered VLF data Drop Zone The Government of Newfoundland and Labrador released a geophysical dataset covering the Burin Red Rock Peninsula in September 2022 It shows a large swath of conductive rock underlying Root & Cella
Slide 23: Other Projects - Zuleika
O THER P RO J ECTS - ZULEIKA ZULEIKA PROPERTY – 100% Option • Regional, crustal-scale fault zones throughout central Newfoundland are proving to be significant gold-mineralized structures: • Zuleika is located adjacent to the Dover-Hermitage Bay Fault (DHB) which has similarities to the Dog Bay Line
Slide 24: Other Projects - Idefix
O THER P RO J ECTS - ID EFIX • Located on at the northern end of the Labrador Trough which marks the craton margin, an ideal setting for Ni-Cu-PGE deposits • 10,000 sq km of mafic-ultramafic sills have been mapped within the Labrador Trough. • These sills representing a massive amount of magma from
Slide 25: The Investment Opportunity
THE INVESTMENT O P P O RTUNITY • 100% Option on very large epithermal gold system as outlined by thorough modeling of integrated geoscience datasets • Data suggests the system is “alkalic related.” Due to their associated size and high-grades, these systems are highly prized yet rarely found in Cana
Slide 26: Corporate
CO RP O RATE MANAGEMENT Ca p it a l St r u c t u r e Ia n C. Blis s Sa m u e l Le g g Ch ris t in e Va illa n c o u rt Common Shares O/S 67.4M Fully Diluted 76.3M Stock Price C$0.04 Market Capitalization C$3M Treasury C$580,000 Debt Nil President, CEO CFO Chief Geologist D IRECTO RS Ian Bliss Russ R
Slide 27: Contact Northern Shield
CO NTACT NO RTHERN SHIELD NORTHERN -SHIELD.COM 150 Elgin Street Suite 1000 Ottawa, ON K2P 1L4 613-232-0459 ibliss@northern -shield.com @NorthernShield 27
Slide 28: Appendices
APPENDICES NORTHERNSHIELD f220u1-e8 Wwe TSV-V: NRN 28
Slide 29: IP-Magnetics Correlation
IP -MAGNETICS CO RRELATIO N • Good spatial correlation between IP Strong, at surface IP anomaly 111.5 g/t Au boulder (trenching target) targets and magnetic features • But slight discrepancy on depth S N 2 North-South section showing IP chargeability (from re- modelled data) Drill Target S N North-S
Slide 30: IP-Magnetics Correlation
IP -MAGNETICS CO RRELATIO N W E IP targets from 3D inversion East-West section generated alone line 5,226,950N from 3D Intrusion magnetic inversion model -1000 m W Conquest Fault Zone E 1st Vertical derivative of total magnetic intensity TSV-V: NRN 30
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