Nuinsco Resources Limited · CSE:NWI
Nuinsco Resources — Investor Presentation (March 2023)
25 slides from Nuinsco Resources's investor presentation, March 2023
Slide 1: Corporate Presentation
Corporate Presentation March 2023 www.nuinsco.ca | CSE: NWI
Slide 2: A History of Exploration and Discovery Success
The Company A History of Exploration and Discovery Success • One of Canada’s most experienced exploration/development companies with 50 years of success • $100+ million in value created by establishing standalone companies • Current assets provide near-term cash flow potential and exploration upside
Slide 3: Current Projects
The Company Current Projects Prairie Lake, Ontario Sunbeam, Ontario Multi-Commodity Gold Exploration Advanced Exploration Under Option to FCM 100% NWI El Sid, Egypt ZigZag Lake, Ontario Near-Term Gold Li-Ta Exploration Productions from Option to earn 100% Mine Dumps
Slide 4: Prairie Lake – Advanced Exploration Highlights
Prairie Lake – Advanced Exploration Highlights • Maiden Mineral Resource Estimate(“MRE”) announced May 2022 • 871.8 million tonne Inferred Mineral Resource including 2.01 kg/t total rare earth oxides (“TREO”), plus niobium and phosphate. • 15.6 million tonne Indicated Mineral Resource including 1.67
Slide 5: Prairie Lake – Advanced Exploration Highlights
Prairie Lake – Advanced Exploration Highlights 5 • 100%-owned, multi-commodity mineral asset, located near Marathon and Terrace Bay, Ontario. • Potential key North American source of Critical Minerals to meet the anticipated enormous expansion in demand for such products. • Located in the heart of N
Slide 6: Superior Access & Infrastructure
Prairie Lake – Advanced Exploration Superior Access & Infrastructure Trans-Canada 500Kv Power Line Highway #17 C.P. Rail Prairie Lake Carbonatite Lake Superior Complex 28 km along road to: Trans-Canada Highway CP Railway 500kV Power Line Dead Horse Road Surface Prairie Lake Expression of Property Bo
Slide 7: Trenching in Carbonatite
Prairie Lake – Advanced Exploration Trenching in Carbonatite Weathering profile over carbonatite – typically 1 to 3m thick
Slide 8: Compilation
Prairie Lake – Advanced Exploration Compilation • 2.8 km2 (at surface) carbonatite-alkalic complex. • Surface Expression of MRE is circa 46% of total surface area of complex (room to expand MRE). • Pronounced circular topographic expression, up to 70m of relief, well developed weathered cap, up to 2
Slide 9: Maiden Mineral Resource Estimate
Prairie Lake – Advanced Exploration Maiden Mineral Resource Estimate Tantalum Rare Earth Oxides Niobium Phosphate Class Cut-Off Tonnes Nd2O3 Pr6O11 Sc2O3 CeO2 La2O3 Sm2O3 Y2O3 TREO Nb2O5 Ta2O5 P2O5 NSR C$/t M g/t g/t g/t g/t g/t g/t g/t kg/t % g/t % Indicated 30 15.6 344 96 15 754 300 58 100 1.67 0.
Slide 10: Maiden Mineral Resource Estimate – Sensitivity to NSR Cutoff
Prairie Lake – Advanced Exploration Maiden Mineral Resource Estimate Resource Sensitivity to NSR Cutoff Cut- Class Tonnes Nd2O3 Pr6O11 Sc2O3 CeO2 La2O3 Sm2O3 Ta2O5 Y2O3 TREO* Nb2O5 P2O5 Off NSR M g/t g/t g/t g/t g/t g/t g/t g/t kg/t % % C$/t 50 14.5 358 100 16 787 306 60 28 101 1.73 0.17 3.75 40 15.
Slide 11: Maiden Mineral Resource Estimate
Prairie Lake – Advanced Exploration Maiden Mineral Resource Estimate
Slide 12: Potential Economic Drivers
Prairie Lake – Advanced Exploration Potential Economic Drivers • Neodymium (Nd) – trading at circa US$140-145/kg (Nd-oxide 99.5% pure). Central to the development and production of permanent magnets used in electric and hybrid vehicles and wind turbines. Demand is projected to greatly expand with th
Slide 13: Marketable Products
Prairie Lake – Advanced Exploration Marketable Products PHOSPHATE (as CaPO4) From apatite mineralization (meets the specs of both RARE EARTH ELEMENTS agricultural and industrial applications) From various minerals – principally apatite, but monazite, bastnaesite, ancylite also identified CALCIUM SUL
Slide 14: Rare Earth Elements
Prairie Lake – Advanced Exploration Rare Earth Elements • Mineralogical analysis of apatite from Prairie Lake apatite indicates unusually high concentrations of light rare-earth oxides (LREO) of 1.54% (13,157 ppm), and in particular neodymium oxide (Nd2O3) of 0.33% (2829 ppm) Nd2O3. • LREO (and Nd2O
Slide 15: Metallurgical Test Work
Prairie Lake – Advanced Exploration Metallurgical Test Work Previous metallurgical testing: • Multiple composite samples of drill core delivered to COREM in Quebec City including a 1,000kg sample grading 3.18% P2O5, 0.13% Nb2O5. • Focus on P2O5 beneficiation. • Apatite concentrate, containing >75% a
Slide 16: Phosphate Potential
Prairie Lake – Advanced Exploration Phosphate Potential • Phosphate at Prairie Lake has potential application to both agriculture and industry. • Phosphate is predominantly contained in the mineral apatite. • Apatite concentrate (containing >75% apatite) has been produced from Prairie Lake rock. • A
Slide 17: Prairie Lake Summary
Prairie Lake – Advanced Exploration Summary • 871.8 million tonne Inferred mineral resource including 2.01 kg/t TREO, plus niobium and phosphate. • 15.6 million tonne Indicated mineral resource including 1.67 kg/t TREO, plus niobium and phosphate. • Substantial potential remains to expand and upgrad
Slide 18: Zigzag – Critical Minerals Summary
Zigzag – Critical Minerals Summary • The property includes the Tebishogeshik occurrence – a substantial pegmatite known to be more than 800m in length and up to 18m thick. • Historic surface sampling grading up to 1.68% Li2O over 7.9m and 0.168% Ta2O5 over 2.54m in separate channels samples. • Sever
Slide 19: Sunbeam – High Grade Gold Summary
Sunbeam – High Grade Gold Summary Currently under option to First Class Mining LLC. Details of the Option agreement can be found in the news release dated October 4, 2022. • The Sunbeam Gold Property includes the historic Sunbeam Mine – a high-grade underground gold mine which operated from 1898 to
Slide 20: El Sid Mine – Location and Logistics
El Sid Mine – Near-Term Potential Location and Logistics • Nuinsco won bid to process gold mineralized material in 2017. • Formerly Egypt’s largest gold mine. • Located in the Eastern Desert, approximately 90 km west of the Red Sea coast. • Nearest population centre is Quseir on the coast, airport l
Slide 21: El Sid Mine – Evaluation
El Sid Mine – Near-Term Potential Evaluation • Sampling and trenching program returned average grade of 4.1 g/t gold. • Metallurgical testing demonstrates very good recoveries by gravity+flotation or leaching – in excess of 90%. • No mining necessary – all rock at surface. • Very good infrastructure
Slide 22: Key Takeaways
The Company Key Takeaways All the Tools for Exploration Success, Project Development and Cash flow Generation • Continuous history of exploration, discovery and development over a 50+ year period: • diverse commodities including gold, copper, zinc, nickel, rare earths, niobium, tantalum, uranium, ph
Slide 23: Disclaimer
The Company Disclaimer Cautionary Note Regarding Forward-Looking Information This document contains forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections and interpretatio
Slide 24: Disclaimer
The Company Disclaimer Information Concerning Estimates of Mineral Resources The disclosure in this document and referred to herein was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). The terms "Measu
Slide 25: Contact Us
The Company Contact Us Nuinsco Resources Ltd Paul Jones, CEO Email: paul.jones@nuinsco.ca Sean Stokes, Executive VP Email: sean.stokes@nuinsco.ca Investor Relations Cathy Hume Email: cathy@chfir.com Tel: (416) 868-1079 x 231 www.nuinsco.ca @NWIResources @nuinscoresources
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