Northstar Gold Corp. Class A · CSE:NSG
Northstar Gold Corp. Class A — Investor Presentation (May 2024)
29 slides from Northstar Gold Corp. Class A's investor presentation, May 28, 2024
Slide 1: Focused on Gold & Copper Exploration in Kirkland Lake District
Focused on Gold & Copper Exploration in Kirkland Lake District Corporate Presentation May 28th, 2024 CSE: NSG OTC: NSGCF FSE: 3WV
Slide 2: Forward Looking Statement
Forward Looking Statement Statements in this corporate presentation contain forward looking information including expectations of future production and commodity prices, drilling and exploration plans, timing and amounts of capital expenditures and future expenditure levels. Readers are cautioned th
Slide 3: About Northstar Gold Corp.
About Northstar Gold Corp. ▪ December 31st, 2019, IPO listing on CSE ▪ Operated by a team of highly skilled and accomplished Board of Directors, Special Advisor and Management Group with global major and junior exploration and development experience ▪ Prior to listing, spent >$7M as a private compan
Slide 4: About Northstar Gold Corp.
About Northstar Gold Corp. ▪ Drilled 11,000 metres at flagship Miller Property since IPO ▪ Defined near-surface Allied Gold Zone Exploration Target with upper range >500k oz averaging 2 g/t Au with excellent expansion upsides ▪ Demonstrated ability to raise exploration funds despite protracted depre
Slide 5: Capitalization & Ownership Profile
Northstar Gold Corp. Capitalization & Shareholder Profile Ownership Profile 31% Capitalization (C$, millions, except per share) 41% Basic Shares Outstanding (Approximately) 99.4 Warrants 41.8 7% Options 2.8 8% 13% Fully Diluted Shares Outstanding 144.0 Market Capitalization $3.5 Options & Warrants I
Slide 6: Board of Directors, Special Advisor & Management
Board of Directors, Special Advisor & Management Brian P. Fowler, Director, President & CEO Tony Lesiak – Director o 38 years global experience as a mining executive, analyst, exploration o Chairman Star Royalties Ltd. Formerly Senior Advisor, Investment manager and consulting geologist. Banking at
Slide 7: 100%-owned Projects Available for Option
100%-owned Projects Available for Option Flagship Project Miller Copper- Gold / Rosegrove Properties Alkalic intrusion-hosted gold-telluride and high-grade copper VMS projects situated 18 km southeast of Kirkland Lake, Ontario. Other Projects (Available for Option) ▪ Bryce Gold Property ▪ Milestone
Slide 8: A Corporate Strategy Leveraging off Gold-Copper Endowment, Access, Mining and Milling Infrastructure
A Corporate Strategy Leveraging off Gold-Copper Endowment, Access, Mining and Milling Infrastructure ▪ Northstar’s corporate strategy is to develop a minimum (+1 million ounce) gold / high- grade copper resource to potentially supplement a nearby mining operation or stand-alone mining operation at t
Slide 9: Northstar in the News (December /22 – March /24)
Northstar in the News (December /22 – March /24) ▪ Mar 26, 2024 Northstar Commences EM Surveys Targeting Cam Copper VMS Extensions at Miller Copper-Gold Property ▪ Mar 12, 2024 Northstar Surveys Identify Multiple Gold and Critical Mineral Targets at Rosegrove Property ▪ Jan 30, 2024 Northstar Gold P
Slide 10: Northstar in the News (December /22 – March/24)
Northstar in the News (December /22 – March/24) ▪ Oct 24, 2023 Northstar Gold Corp. Commences Drilling at Historic High-Grade Cam Copper Mine ▪ Oct 6, 2023 Northstar Gold Corp. $500,000 Private Placement Oversubscribed ($531,656) ▪ Oct 24, 2023 Northstar Gold Corp. Commences Drilling at Historic Hig
Slide 11: Kirkland Lake District
Kirkland Lake District >47M oz Gold Production to Date Alkalic (Syenite) Gold / Telluride & VMS Copper Deposits ▪ 100%-owned, 2,250 ha land package in the heart of the Kirkland Lake District ▪ $5.6M exploration expenditures and 10,760m drilled at Miller during past 4 years 2023 11
Slide 12: Rosegrove and Miller Copper-Gold Properties
Rosegrove and Miller Copper-Gold Properties Including Recently Signed Boston Creek Mines and Philip Property Letters of Intent 2024 INVESTOR PRESENTATION 12
Slide 13: Allied Gold Zone & Boston Creek VMS Copper Belt
Allied Gold Zone & Boston Creek VMS Copper Belt 2024 13
Slide 14: Cam Copper Mine - Q4 2023 Drilling Results 3D View
Cam Copper Mine - Q4 2023 Drilling Results 3D View ▪ 4 hole – 720 metre Phase 1 drilling program completed in Q4 2023 ▪ All drill holes intersected lenses of Cu-rich volcanogenic massive sulphides, including massive and stringer chalcopyrite over 2.45m in drill hole CC03-23 between 116.55m to 119m i
Slide 15: Cam Copper Mine - Q4 2023 Drill Core Photos
Cam Copper Mine - Q4 2023 Drill Core Photos DDH CC01-23 – 19.5% Cu/0.5m (Zone 1) DDH CC03-23 – 14.8% Cu/2.5m (Zone 2) DDH CC02-23 – 8.2% Cu/1.5m (Zone 2) DDH CC01-23 – 5.9% Cu/1.5m (Zone 3) 2024 15
Slide 16: SE Extension – Surface Pulse-EM Survey Identifies Multiple EM Conductors
SE Extension – Surface Pulse-EM Survey Identifies Multiple EM Conductors ▪ Surface 3-component Pulse-EM survey has identified one primary conductor expanding Zone 2 to the Plan View SE over a strike length of 600 metres 2E with a 3D preliminary Maxwell plate Cam 3E model covering 400 m x 400 m area
Slide 17: SE Extension – Plan View of Zone 2 Conductive EM Plate Model
SE Extension – Plan View of Zone 2 Conductive EM Plate Model Cam Copper ▪ Recently completed surface 3- Plan View 2E component Pulse-EM survey has 3E identified one primary conductor 4E expanding Zone 2 to the SE over a strike length of 600 metres,with a Drill Target(s) 5E 3D preliminary Maxwell pla
Slide 18: SE Extension – 3D Inversion of Surface Magnetometer Survey
SE Extension – 3D Inversion of Surface Magnetometer Survey ▪ 3D inversion performed on 50 metre line spaced surface magnetometer survey performed in 2011 New target ▪ 3D modeling of magnetic 115m along strike 100m susceptibility correlates strongly Drill with the known geological model Target Drill
Slide 19: SE Extension – Longitudinal Section of Zone 2 Conductive EM Plate Model
SE Extension – Longitudinal Section of Zone 2 Conductive EM Plate Model ▪ Flanking conductors such as Zones 1 and 3 also believed to be extended in a SE direction towards a possible primary VMS vent area on lines 5E to 7E 50m depth from surface ▪ Hydrothermal VMS vent areas associated with several m
Slide 20: Cam Copper Mine High-grade VMS Copper Zone 2 Extension EM Target
Cam Copper Mine High-grade VMS Copper Zone 2 Extension EM Target ▪ >900m southeast VMS horizons strike and depth extensions verified by recent sampling and 2024 EM surverys ▪ Historic geophysical magnetic and EM survey anomalies and sample results verify VMS extensions on to neighboring Philip Prope
Slide 21: Q2/Q3 Corporate and Exploration Timeline
About Northstar Gold Corp. Q2/Q3 Corporate and Exploration Timeline ▪ Announced Cam Copper EM surveys results defining potential near-surface Zone 2 Extension massive sulphide drill target – May 16/24 ▪ Announced Boston Creek Mines Property LOI - May 16 / 24 ▪ Announced Philip Property LOI – May 28
Slide 22: Miller Property – Kirkland Style Alkalic Gold – Telluride Syenites & Deep Gold-Copper Targets
Miller Property – Kirkland Style Alkalic Gold – Telluride Syenites & Deep Gold-Copper Targets ▪ Alkalic intrusion-centred high-grade and bulk tonnage gold-telluride (copper) mineralization ▪ Exploration targets include the historic Miller Independence Mine (Vein 1), Allied, Planet, Meilleur Syenites
Slide 23: Miller Gold Property Near Surface Kirkland-Style Bulk Tonnage and High-Grade Gold-Telluride
Miller Gold Property Near Surface Kirkland-Style Bulk Tonnage and High-Grade Gold-Telluride (Copper) Mineralization MG21-56 - Phase IIA Allied Visible Gold and Gold Tellurides @ 69.7m Gold Telluride Stringers @ 69.7m in Split Core Gold Zone Expansion Drilling Results m ▪ 6.6 g/t Au over 117m from 14
Slide 24: Miller Property Allied Gold Zone – Near Surface Bulk Tonnage Gold Deposit Open to Expansion
Miller Property Allied Gold Zone – Near Surface Bulk Tonnage Gold Deposit Open to Expansion ▪ 8 – 2021 Phase II drill holes doubled the Bulk Tonnage Allied Gold Zone surface footprint to 350m X 200m. ▪ MG21-56: 6.60 g/t Au / 117m ▪ MG21-63: 0.91 g/t Au/ 63.9m ▪ MG21-64: 0.87 g/t Au/ 81.5m ▪ MG21-65:
Slide 25: Allied Bulk Tonnage Gold Zone & Vein 1 3D Model & Gold Grade Estimates
Allied Bulk Tonnage Gold Zone & Vein 1 3D Model & Gold Grade Estimates (SRK 2022) 2023 25
Slide 26: 2022 Allied and Vein 1 Gold Zones Exploration Target Estimates
2022 Allied and Vein 1 Gold Zones Combined Allied Exploration Target Estimates and Vein 1 Tonnage Gold Grade Total Ounces (metric Exploration Target (g/t Au) of Gold tonnes) Ronacher Mackenzie Geoscience Estimates * and SRK Consulting (Canada) Inc. *The Exploration Target estimate primarily highligh
Slide 27: 3D Mag / IP Longitudinal Section
3D Mag / IP Longitudinal Section Potential Deep- Seated Mafic Intrusion and New Au-Cu Targets ▪ Newly defined >1 km deep UAV magnetic signature significantly enlarges Miller Intrusive Complex and potential Allied Gold Zone Au-Cu source to depth ▪ Northstar actively seeking major partner to advance e
Slide 28: Other Projects
Rosegrove Gold Property Other Projects ▪ Recent UAV, LiDAR and MMI surveys define numerous gold and VMS exploration targets Bryce Gold Property (Incl. Britcanna Lease) ▪ Intrusive hosted gold / PME VMS ▪ $4M past work, >20,000m drilling ▪ 0.86 g/t Au over 80m in DDH BG12-65, including 2.09 g/t Au ov
Slide 29: Contact Us
Contact Us Brian P. Fowler , P.Geo. Suite 203, 82 Richmond Street East President and CEO Toronto, ON, M5C 1P1 bfowler@northstargoldcorp.com PO Box 2529 (604) 617-8191 New Liskeard, Ontario P0J 1P0 www.northstargoldcorp.com CSE: NSG OTC: NSGCF FSE: 3WV 2023 29