Goldsky Resources Corp. · TSXV:GSKR
Goldsky Resources — First Nordic Metals — Investor Presentation (April 2025)
23 slides from Goldsky Resources's investor presentation, April 2025
Slide 1: Building Europe's Next Gold Camp
BUI L DI NG EUROP E’ S NE XT GO L D CA MP April 2025
Slide 2: Cautionary Statement
Cautionary Statement This management presentation (the “presentation”) is not a prospectus, offering memorandum or an advertisement and was prepared as a summary overview only of the current affairs of First Nordic Metals Corp. (“First Nordic Metals”). This presentation, and the information containe
Slide 3: The Nordic Advantage
THE NORDIC ADVANTAGE Region is the leading producer of metals in Europe – Sweden #1, Finland #2 History of mining Security of tenure Taxation incentives - No mineral tax, 20.6% corporate tax rate Low political risk - Mature, well-defined environmental & permitting procedures in a mining friendly cou
Slide 4: The Gold Line Belt
THE GOLD LINE BELT The largest development stage claim holder in Sweden +104,000 ha of mineral concessions along contiguous +100 km strike length FNM’s flagship is the Barsele Project, a JV with Agnico Eagle Belt is host to many historic and recently-permitted active mines 4
Slide 5: Skelleftea VMS Belt
Belt contains gold-rich intrusive- Skelleftea hosted and VMS deposits, and VMS Belt the geology and mineralization is like the prolific greenstone belts of northern Ontario and Quebec.
Slide 6: Capital Structure
Capital Structure Analyst Coverage Agnico Eagle Institutional 11% 40 % Basic Shares Warrants Options Outstanding (avg. price 0.40) (avg. price 0.34) 271M 27M 24M Retail Share Price Basic Market Approximate Cash 31% (Mar-10-2025) Capitalization (Jan-01-2025) Insiders C$0.48 C$128M C$10M 18 % FNM TSX.
Slide 7: Barsele Project
Barsele Project Strategic Partnership With Agnico Eagle Mines JV: 55% Agnico / 45% FNM Nationally designated mining status 24,980 ha land package 165,936 meters / 453 holes diamond drilling US$55M invested to date by Agnico Eagle Free Carried interest for FNM; Agnico can earn AEM / FNM additional 15
Slide 8: Barsele Project | Long Section
Barsele Project | Long Section One of Europe’s largest development-stage gold deposits 8
Slide 9: Barsele Project | Cross Sections
Barsele Project | Cross Sections Wide, stacked parallel zones allow for low-cost bulk underground mining 9 FNM FNMC SDB FNMCF HEG0
Slide 10: Barsele Project
Barsele Project Favorable deposit characteristics & significant upside potential Mineral Resource Estimate (2019) Indicated Inferred Obvious Resource Upside at Depth Cut-off Tonnage Grade Au Tonnage Grade Au Average resource depth is 550 m but drilling has intersected strong grades down to g/t kt g/
Slide 11: 2024 Gold Mine Opex in Northern Sweden
2024 Gold Mine Opex in Northern Sweden Bulk underground mining costs & low processing set the region apart ▪ Mandalay Resources’ Björkdal Mine is located *from Björkdal 2024 technical report ~225 km E of Barsele Barsele Västerbotten, SWE ▪ Operating since the 1980s longhole ▪ Has had record cashflow
Slide 12: Target 1 - Paubäcken | Aida
Target 1 - Paubäcken | Aida +4km Target, Barsele look-alike, currently being diamond drilled ▪ Target structure is blind to surface under 10-20 m of glacial till; BoT (base-of-till) drilling is proven technique for testing bedrock anomalism under glacial till cover ▪ BoT drilling confirmed shallow
Slide 13: Targets 2 & 3 - Paubäcken | Brokojan & Harpsund
Targets 2 & 3 - Paubäcken | Brokojan & Harpsund 5.5 km geochemical anomaly, currently being BoT drilled ▪ B-horizon glacial till sampling has been completed on northern 2/3 of Paubӓcken area (6,718 samples over 2022-24) ▪ Surface till sampling identified the Harpsund corridor, a 5.5 km As-Cu-Mo-Zn
Slide 14: Target 4 - Storjuktan | Nippas
Target 4 - Storjuktan | Nippas 5 km geochemical anomaly, currently being BoT drilled ▪ 4,357 B-horizon glacial till samples collected over the Nippas Target area in the central portion of the Storjuktan Project ▪ Surface till sampling identified a large 5.0 km by 1.0 km As-Cu-Mo-Zn pathfinder anomal
Slide 15: New Targets - Storjuktan
New Targets - Storjuktan 4 new multi-kilometric anomalies identified in 2025 ▪ +17,000 B-horizon glacial till samples collected over the Storjuktan project area (outside of Nippas) in 2H24 ▪ 4 distinct and cohesive gold pathfinder anomalies (As-Cu-Mo-Zn), 1.5-2 km by 1 km were newly identified ▪ Ano
Slide 16: Key Management
Key Management Taj Singh Adam Cegielski Benjamin Gelber John Eren CEO & Director President Head of Exploration VP Corporate Development B.Eng, M.Eng (Mining, Metallurgy), B.Sc. (App. Biochemistry) M.Sc. Economic Geology, P.Geo HBA (Economics) with Over 20 CPA w/ 24 years experience in mining years e
Slide 17: Non-executive Directors
Non-executive Directors Toby Pierce Henrik Lundin Marc Legault Gary Cope Jeff Couch Director Director Chairman Director Director B.Sc. Petroleum Engineering Retired Engineer (P.Eng) and Founder & CEO of Barsele Business and law degrees from B.Sc. Geology, MBA geologist (P.Geo) Minerals (10 years) Ca
Slide 18: Contact Us
Contact Us GE T IN TOUCH W ITH FNM Email info@fnmetals.com Office +1 604-687-8566 Address Suite 300 1055 W. Hastings Street Vancouver, BC Canada V6E 2E9 Website www.fnmetals.com
Slide 19: Appendix
Appendix A D D I T I O N A L I N F O R M AT I O N
Slide 20: Geochemistry | Barsele vs. Target 2/3 & 4
Geochemistry | Barsele vs. Target 2/3 & 4 20 FNM FNMC SDB FNMCF HEG0
Slide 21: Oijärvi Project
Oijärvi Project Limited exploration historically has been completed beyond the Kylmäkangas resource footprint Contains several zones of mineralization, highlighted by the drill-defined Kylmäkangas deposit Regional and local scale zones of structural complexity favourable for hosting potentially lar
Slide 22: Oijärvi Project Regional Targets
Oijärvi Project Regional Targets Kylmäkangas West Kylmäkangas Deposit Drilled Au grades Karahka between 1-97 g/t Au Kompsa Mineral Resource Estimate (2022) Tonnage AuEq Au Ag AuEq Au Ag Mt g/t g/t g/t Koz Koz Koz Indicated 1.07 4.6 4.1 35.4 159 143 1,220 Inferred 1.63 2.9 2.7 15.2 152 142 795 TOTA
Slide 23: Oijärvi Project
Oijärvi Project Kylmäkangas Deposit The Kylmäkangas Au-Ag deposit is open to depth and down plunge and there is the potential for additional down dip zones. Known Mineralization 1.5 KM within a NE/SW striking high deformation shear corridor STRIKE NEXT STEPS: ▪ High resolution UAV magnetic geophys
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