Nordic Resources Limited. · ASX:NNL
Nordic Resources — Nordic Nickel — Australian Nickel Conference October 2022
22 slides from Nordic Resources's conference presentation, October 2022
Slide 1: Exploring Finland’s premier nickel belt
Exploring Finland’s premier nickel belt Australian Nickel Conference October 2022 ACN 647 455 105 NORDICNICKEL.COM
Slide 2: Important information
Important information DISCLAIMER AND FORWARD LOOKING STATEMENTS The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform
Slide 3: Nordic Nickel: Snapshot
Nordic Nickel: Snapshot • Recently-listed nickel sulphide explorer • Two high-quality, district-scale exploration assets in Northern Finland • Tier-1 jurisdiction prospective for Kambalda- style nickel sulphides – Central Lapland Greenstone Belt • Highly-credentialled team with extensive nickel expe
Slide 4: Critical minerals at a critical time
Critical minerals at a critical time Demand for class 1 Securing supply Finland is Central Lapland Nordic Nickel has nickel sulphides to in Europe of incentivising Greenstone Belt rights over grow to 2.5Mt by critical minerals is battery minerals (CLGB) is highly 425km2 of a 2040 (14.5% a strategic
Slide 5: Europe a hub for Ni and Batteries
Europe a hub for Ni and Batteries Nikkelvery Refinery Kristiansand 92kt pa Europe is the fastest growing >70 ~55 region for GWh/a GWh/a battery cell production Terrafame Smelter & Refinery Sotkamo, 37kt pa 40 Finland and Finland and >270 Nornickel Refinery Harjavalta, 66kt pa GWh/a Norway hostthe th
Slide 6: Finland - Central Lapland Greenstone Belt
Finland - Central Lapland Greenstone Belt Highly active geological district for nickel sulphides • One of largest Paleoproterozoic greenstone belts globally • Hosts world-class Ni-Au-Cu & PGE deposits including: • 7.4Moz Kittilä gold mine (Agnico-Eagle) • 307Mt Kevitsa Ni-Cu-Au mine (Boliden) • 44Mt
Slide 7: Projects
Projects Chasing Sakatti style analogues in Central Lapland Greenstone Belt Pulju Nickel Project (100%) • District scale, nickel-rich system • Near-surface disseminated nickel sulphides + high grade massive sulphides at depth • Early geophysics shows similar EM signatures to Sakatti • Historical sha
Slide 8: Experienced & dedicated Nordic Nickel team
Experienced & dedicated Nordic Nickel team Marcello Cardaci Todd Ross Robert Wrixon Juho Haverinen Aaron Bertolatti Non-Executive Chairman Managing Director & CEO Executive Director Non-Executive Director Company Secretary & CFO • Former partner of Gilbert & • Over 24 years’ experience in • Over 20
Slide 9: Capital Structure
Capital Structure Company Overview Share Price $0.25c 115.25 m Share price1 Shares on issue $28.8m $0.25c Market capitalisation (A$) IPO price ASX NNL $10.8m Nil Cash (30 June 2022) Debt JORC Resource2,3 EV/Resource t Ni 278,520t Ni $65/t Ni 14.65m $18.0m 12,650t Co Total Options on Issue Enterprise
Slide 10: Pulju Project
Pulju Project Widespread nickel sulphide mineralisation • District scale land package • 51 holes drilled at Hotinvaara Prospect by Outokumpu looking for near surface nickel • Maiden 133.6Mt JORC (2012) Mineral Resource Estimate of 278,520t Ni and 12,560t Co1,2 • Dual exploration targets: i. near sur
Slide 11: Pulju: Regional Geology
Pulju: Regional Geology Nickel occurrences associated with ultramafic host rocks • Same ultramafic lithologies as Sakatti and Kevitsa deposits • Nordic Nickel has rights over entire greenstone belt at Pulju Project (395km2) • Hotinvaara Prospect covers less than 2% of 100% owned Pulju Project area.
Slide 12: Pulju: Regional Magnetics
Pulju: Regional Magnetics Nickel occurrences associated with magnetic highs • Magnetic anomalies correlate to ultramafic rocks • 25km of continuous prospective strike • Sakatti’s massive sulphide lens lies at basal contact of cumulate sequence - yet to be tested at Pulju Project Source: GTK regional
Slide 13: Hotinvaara Prospect: Historical Drill Results
Hotinvaara Prospect: Historical Drill Results Selected near surface Massive sulphide intersections* • Near surface disseminated nickel disseminated nickel intersections* sulphide mineralisation widespread, 97m @ 0.33% Ni from 102m in HOV-007 0.26m @ 9.61% Ni, 0.17% Cu and 0.36% Co incl. 18m @ 0.70%
Slide 14: Hotinvaara Prospect: Revised Exploration Target
Hotinvaara Prospect: Revised Exploration Target • Exploration Target for Hotinvaara Prospect: 275-415Mt @ 0.17-0.25% Ni and 76– 114ppm Co for 459-1,032kt contained Ni and 21-47kt contained Co.1* *The potential quantity and grade of this Exploration Target is conceptual in nature. There has been insu
Slide 15: Hotinvaara Prospect: Borehole EM (BHEM) Initial Results
Hotinvaara Prospect: Borehole EM (BHEM) Initial Results • 26 drillholes remain open (11 surveyed to date with results of 3) • High conductance off-hole conductor (35m x 35m) in front of HOV-40 at 155m depth • intersects the 5% Ni massive sulphide intersection in HOV-32 • Off-hole conductor on northe
Slide 16: Hotinvaara Prospect: Fixed Loop EM (FLEM) Results
Hotinvaara Prospect: Fixed Loop EM (FLEM) Results • Two large FLEM loops undertaken in December 2021 • Large deep-seated conductors observed at about 400m, 800m and 1500m depth • Conductor at 400m depth (blue plate) correlates plate identified in BHEM results, and is underlain with a larger, slightl
Slide 17: Hotinvaara Prospect vs Sakatti
Hotinvaara Prospect vs Sakatti • Sakatti 600-900m below surface Exploration strategies from Sakatti are applicable at Hotinvaara • Drilling at Hotinvaara averaged 250m • Accumulations of disseminated nickel found • Vertical stratigraphic holes planned to provide near surface at both projects litholo
Slide 18: Global Nickel Mining Camp Potential at Pulju
Global Nickel Mining Camp Potential at Pulju 1 ASX Outstanding Regional Nickel Potential Confirmed at Pulju, 10 August 2022 Source: Historic drill hole collar plan and assay highlights. Background image: total magnetic intensity (Source: GTK). NORDICNICKEL.COM | 18
Slide 19: Targeting Bonanza Massive Sulphides
Targeting Bonanza Massive Sulphides • Targeting both near surface and deeper massive sulphides to uncover a Sakatti style resource. • High-grade massive and semi-massive nickel sulphide intersections to be tracked using BHEM. • Deeper FLEM targets to be refined using lithological cross sections, map
Slide 20: Expand Near Surface Resource
Expand Near Surface Resource Targeting a near surface Kevitsa-style resource • Targeting lateral and depth extensions to expand the existing near surface disseminated nickel sulphide resource. • Mineralisation is open in multiple directions. • Extensions are expected to be coincident with known magn
Slide 21: Exploration Plan
Exploration Plan Focussed on uncovering Spending A$7M-9M 2022 plan for Pulju summarized as follows: and developing sustainably on exploration drilling Preliminary metallurgical (chemical and mineralogical) analysis sourced, high purity class 1 and geophysics at (AZTEC). nickel sulphides in Finland
Slide 22: Contact Information
Level 12, 197 St Georges Terrace Contact Information Perth, Western Australia 6000 Todd Ross info@nordicnickel.com Managing Director NORDICNICKEL.COM
Nordic Nickel — Australian Nickel Conference October 2022 on 6ix