Northx Nickel Corp. · CSE:NIX
Northx Nickel — Investor Presentation (February 2026)
19 slides from Northx Nickel's investor presentation, February 2026
Slide 1: Corporate Presentation
Corporate Presentation February 2026 A Leading Canadian Nickel Explorer & Developer northxnickel.com CSE: NIX | OTC: NXNIF | FSE: 6YR
Slide 2: Disclaimer
Disclaimer General results of proposed exploration activities are as anticipated; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the anticipated cost of planned exploration activities; the Company has the ability to explore and This corporate prese
Slide 3: Investment Highlights
Investment Highlights Grasset is the only undeveloped nickel sulphide deposit (>50kt Ni, >1.5% NiEq) in NA not held by a major Asset Portfolio Strategy Grasset Expand existing Grasset high-grade nickel sulphide resource 100% owned, 5.5 Mt Indicated Resource1 @ 1.53% NiEq in the Abitibi Greenstone Be
Slide 4: Share Structure & Performance – CSE: NIX
Share Structure & Performance – CSE: NIX Canadian Ni-Cu-Co-PGM exploration & development CSE: NIX – 1 Year Chart $$ Exp. millions Issued & Out st and ing 55.28 Warrants 0.96 Nov-26 3.85 Warrants 0.36 May-27 9.48 Warrants 0.075 Feb-28 26.00 Stock Options 2.16 Jun-26 0.01 Stock Options 9.18 Oct-26 0.0
Slide 5: Grasset Nickel Project
Grasset Nickel Project One of the Abitibi’s largest nickel sulphide deposits Underexplored Opportunity Current 5.5 Mt @ 1.53% NiEq Indicated Resource1 was created from essentially one successful drill campaign in 2014-15 with minimal follow up led to H1X Discovery Zone in 2H2023 Positive, Simple Met
Slide 6: District Scale Potential
District Scale Potential 100% owned by NorthX - 5.5 Mt @ 1.53% NiEq Indicated Resource1 23 km NW trending corridor containing ultramafic bodies Located in the volcano-sedimentary belt of the Abitibi subprovince Majority of regional historical drilling on the project was designed to test VMS ta
Slide 7: Grasset Ultramafic Complex
Grasset Ultramafic Complex Fertile and highly-prospective ultramafic corridor that has seen little-to-no nickel-focused exploration Fertile Trend With District Scale Potential - Underexplored Numerous coincident magnetic and conductivity anomalies along the Grasset Ultramafic Complex require drill
Slide 8: Grasset Exploration Objective – Resource Expansion
Grasset Exploration Objective – Resource Expansion 5.5 Mt @ 1.53% NiEq Indicated Resource1 with room to grow Two High-Grade Lenses H1 & H3 – two sub-vertical high-grade sulphide bearing horizons within ultramafic host units striking NW-SE H3 lens has a currently defined ~500 m strike length and
Slide 9: Grasset Deposit: Two Lenses of High-Grade Massive Sulphides
Grasset Deposit: Two Lenses of High-Grade Massive Sulphides H1 & H3 lenses - each open at depth, H1 and H1X Discovery Zone largely untested SW NE SW NE Two high-grade sub-vertical massive sulphide lenses within a ~200 m thick mineralized footprint Ore lenses are believed to have been once horizo
Slide 10: 2023 Summer Drilling: Discovery of New Zone in H1
2023 Summer Drilling: Discovery of New Zone in H1 High-Grade Massive Sulphides Discovered in NorthX Nickel’s First Exploration Hole GR23-03, NorthX Nickel’s third hole of the summer program (first exploration hole in 2023), intersected 1.55% Ni over 5.80 metres, including 5.75% Ni over 0.60 metres
Slide 11: Fall & Winter Drilling – Extending the H1X Discovery Zone
Fall & Winter Drilling – Extending the H1X Discovery Zone 2023 Fall & 2024 Winter Drilling Two holes (1,132 m) drilled in December 2023 and three holes drilled in January 2024 (1,323 m) successfully extended mineralization of the H1X Discovery Zone to a depth of approximately 430 metres H1 Confi
Slide 12: Conceptual Ore Formation Model
Conceptual Ore Formation Model Since the discovery at Kambalda (1960’s), komatiites have been recognized as significant hosts of magmatic nickel ores Key Features of a Komatiite-hosted Nickel Deposit Komatiites are extremely hot ultramafic (low silica, rich in iron & magnesium) lavas largely restr
Slide 13: The Necessary Building Blocks In Place
The Necessary Building Blocks In Place Evidence of a rich mineralizing process at Grasset Hole GR23-03 in Context – H1X Discovery Zone Sulphur from the country rock saturates lava and results in the formation of immiscible sulphide blobs rich in Ni, Cu Co and PGE Sulphides settle to the base of
Slide 14: Comparing H1 to H3 – What’s Missing?
Comparing H1 to H3 – What’s Missing? H1 Longitudinal Section H3 Longitudinal Section 900t 83,300t contained NiEq1 contained NiEq1 High Priority Area Not Drill NorthX Tested The high-grade portion of H3 (98% of resource) can easily fit within the undrilled portion of H1 1 For additional information r
Slide 15: Geophysics – Discover New Deposits
Geophysics – Discover New Deposits Downhole Electromagnetic (DHEM) Survey InfiniTEM-XL ground EM successfully defined conductive plate (S6) consistent with high-grade mineralization discovered in hole GR23-03 The S6 conductor begins 290m below surface and is 400m x 400m Very similar 400m x 400
Slide 16: GUC Central Discovery – Discover New Deposits
GUC Central Discovery – Discover New Deposits GUC Central Discovery – 7 km NW of the Grasset Deposit 3.59% Ni over 1.03m within 1.35% Ni over 3.94m High-Grade Massive Sulphides FAB-18-58 returned the best intercept to date with 7.58 m at 1.05% Ni, 0.31% Cu, 0.05% Co, 0.20 g/t Pt and 0.48 g/t Pd Clas
Slide 17: Why NorthX Nickel Corp.?
Why NorthX Nickel Corp.? Grasset is the only undeveloped nickel sulphide deposit (>50kt Ni, >1.5% NiEq) in NA not held by a major Asset Portfolio Strategy Grasset Expand existing Grasset high-grade nickel sulphide resource 100% owned, 5.5 Mt Indicated Resource1 @ 1.53% NiEq in the Abitibi Greenstone
Slide 18: Strong Metal Inventory
Strong Metal Inventory 1,2 Substantial metal endowment underpinning the value of Grasset >0.80% Tonnes NiEq Ni Cu Co Pt Pd Contained Contained Contained Contained Contained Contained NiEq (t) (%) (%) (%) (%) (g/t) (g/t) NiEq (t) Ni (t) Cu (t) Co (t) Pt (oz) Pd (oz) Indicated Horizon 1 89,200 1.00 0.
Slide 19: A Leading Canadian Nickel Explorer & Developer
General Contact +1 866 899 7247 info@northxnickel.com A Leading Canadian Nickel Explorer & Developer northxnickel.com CSE: NIX | OTC: NXNIF | FSE: 6YR
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