North Stawell Minerals, Ltd. · ASX:NSM

North Stawell Minerals — Investor Presentation (February 2022)

18 slides from North Stawell Minerals's investor presentation, Feb 24, 2022

  1. Slide 1: North Stawell Minerals Ltd

    NORTH STAWELL MINERALS North Stawell Minerals Ltd Victoria’s Secret – Gold potential in the Northern Stawell Gold Corridor under Murray Basin cover. Thursday, 24 February 2022.

  2. Slide 2: Forward Looking Statements and Disclosures

    FORWARD LOOKING STATEMENTS AND DISCLOSURES 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 construed as, a prospectus

  3. Slide 3: History and Background

    HISTORY AND BACKGROUND The Stawell Gold CORPORATE field is the 4th largest historic gold field in Victoria. & TEAM NSM is searching for repeats to the north under shallow basin cover. Stawell • Discovered in 1853, historic mining ceased in 1920. • Western Mining re-established operations in 1982. •

  4. Slide 4: A strong board with hands-on management

    NSM PERFORMANCE AND SECTOR ACORPORATE strong board&with TEAM hands-on management Capital Structure Directors & Management Jerry Ellis Non-Executive Chairman Graham Brown Non-Executive Director 120m $10.0m Mr Ellis worked with BHP for over 30 years, chairing the company from 1997 to 1999. In addition

  5. Slide 5: Stawell Zone

    STAWELL ZONE NSM is positioned in the highly prospective western margin of the Stawell Zone, Victoria. • The Stawell Zone has 6 Moz historic production. • Mineralisation is from the same gold event(s) that emplaced ore throughout the Victorian Goldfields, including Bendigo, Fosterville and Ballarat.

  6. Slide 6: Exploration: Murray Basin cover

    EXPLORATION. The Murray Basin cover is a challenge for exploration. The upside is it preserves near-surface gold potential. • The Murray Basin is a blanket of unmineralised sediment (cover) masking the underlying gold-prospective rocks. Sediment cover was an insurmountable barrier to historic prospe

  7. Slide 7: Tenement Position

    TENEMENT POSITION NSM holds an enviable ground position - 60km’s strike extension along the structures that control the Stawell Mine. Tenement Status Number Area Initial NSM Earn-in Name (km2) holding potential Wildwood Granted RL007051 50 51% 90% Barrabool Granted EL5443 182 51% 90% Glenorchy Grant

  8. Slide 8: Stawell Corridor geological synthesis

    EXPLORATION. Stawell Corridor geological synthesis differs to the rest of Victoria. Some of the differences are critically important to exploration. • The Stawell Corridors’ geological history includes an extra step c.f. central Victoria that forms a focus and trap for subsequent for gold mineralisa

  9. Slide 9: Stawell-type gold model tested as vector to mineralisation

    EXPLORATION The Stawell–type gold model has been successfully tested as an effective vector to gold mineralisation. A • The Stawell Mine, Victoria is the flagship gold deposit in western Victoria. • Total field production is 4.9 Moz Au (2.2 Moz from A’ underground mining in 2016 1). • Shears and fau

  10. Slide 10: Foundation and regional datasets complete exploration toolbox

    EXPLORATION Foundation datasets and new critical regional datasets complete the required exploration ‘toolbox’ All datasets have been re-interpretated to understand geological architecture, bringing context to identified targets and models. Additional post-processing reveals structures, dips, lithol

  11. Slide 11: 2022 drilling campaign focussed on priority targets

    EXPLORATION The 2022 drilling campaign is focussed on drill confirmation of new and historic priority targets NSM continues to test priority targets. 6+ more targets will be tested Aircore with AC and 6 more with RC during the 2022 drill season. TO DATE (Feb. 22) PLANNED RC Regional AC campaign dril

  12. Slide 12: Historic drilling demonstrates gold throughout tenements

    EXPLORATION Historic drilling demonstrates gold throughout the tenements. NSMs drilling includes some regional and brownfield potential. 2020-21 RC and DD program and 2021-22+ AC program results. Significant historic results also shown Historic results NSM results 2020-21 RC and nb – ‘best results’

  13. Slide 13: Campaign regional drilling targets hinges and flanks of basalts

    EXPLORATION Campaign regional drilling targets hinges and flanks of basalts, effectively and rapidly assessing prospects. • Geophysics targeting • High resolution geophysics identifies key areas that are interpreted as potential basalts. • ‘Models’ and research further refine key areas regarded to b

  14. Slide 14: NSM regional drilling

    EXPLORATION NSM regional drilling Gellatlys Wildwood • 500m strike on interpreted anticline • Inferred Mineral Resource (2012): 55kOz with encouraging anomalism over @ 2.0g/t Au* interpreted basalt • 12,643m drilled 2021-22. • 13m at 0.14g/t Au (NSAC0052) • 12m at 0.11g/t Au (NSAC0049) • Drilling on

  15. Slide 15: Drilled prospects awaiting assays

    EXPLORATION Drilled prospects awaiting assays show interesting geology and prove geophysics targeting method. Lubeck Tip Gready • Sulphides and alteration around interpreted • New target on coincident gravity basalts - currently drilling and magnetic anomaly. • Interpreted thrust slice. • Assays to

  16. Slide 16: NSM Advantage: reduced hurdles to success

    EXPLORATION NSM Advantage: reduced hurdles to success enhance exciting exploration targets. 3-person full-time community team has An “ultra-light” regional drilling footprint A commercial arrangement with Stawell made substantial, focussed progress to protects and enhances environmental Gold Mines b

  17. Slide 17: Summary

    Stawell Zone under Murray Basin cover A WORLD-CLASS BROWNFIELDS GOLD EXPLORATION • HistoricallyCOMPANY under-explored – in the “shadow of the headframe” NSM has an opportunity to exclusively focus on the area. SUMMARY • An historic hurdle to exploration was Murray Basin cover. VICTORIA’S SECRET • Th

  18. Slide 18: This announcement has been approved for release

    North Stawell Minerals PO Box 265 Stawell, Vic, 3380 Australia info@northstawellminerals.com www.northstawellminerals.com This announcement has been approved for release to the ASX by Russell Krause, CEO of North Stawell Minerals Ltd russell.krause@northstawellminerals.com 03 5358 9210

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