Northern Shield Resources Inc. · TSXV:NRN

Northern Shield Resources — Investor Presentation (June 2021)

25 slides from Northern Shield Resources's investor presentation, June 2021

  1. Slide 1: Corporate Presentation June 2021

    June 2021 Corporate Presentation 1

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement This document contains statements concerning the potential gold, silver and other mineralization at Shot Rock and Root & Cellar geological, geophysical, geochemical and geometrical analyses at Shot Rock and Root & Cellar and comparisons of the properties to known epithermal

  3. Slide 3: Executive Summary

    Executive Summary Value Driven Approach Our Space Unique Opportunity Generator of high quality early- Large terranes Drilling planned for Root & Cellar in stage exploration targets through Q3, 2021 a model driven approach New ideas, With further significant gold Large targets discoveries at Root & C

  4. Slide 4: Flagship Properties

    Flagship Properties St. John’s ROOT & The Avalon Terrane of SHOT ROCK Nova Scotia and CELLAR Newfoundland is vastly underexplored, yet MERASHEEN easily accessible. x x Anaconda Halifax Atlantic Gold Avalon Terrane TSX-V: NRN 4 www.northern-shield.com

  5. Slide 5: Root & Cellar

    Root & Cellar ROOT & CELLAR PROPERTY - 100% Option NEWFOUNDLAND has Located on the Burin recently become a Peninsula of Newfoundland, hotbed of gold a 3-hour drive from St. John’s exploration in Canada. • Root & Cellar hosts several recently discovered, high grade After further epithermal gold signi

  6. Slide 6: Root & Cellar

    Root & Cellar • Company has expanded Property from 30 sq km to over 300 sq km. • Gold anomalous till samples have been proven a reliable indicator or nearby gold in outcrop. • Numerous gold in till anomalies exist within the expanded Property TSX-V: NRN 6 www.northern-shield.com

  7. Slide 7: Root & Cellar

    Root & Cellar Gold anomalous soil sample BRAXTON-BRADLEY • The 124 Sq Km Property hosts 2.5 g/t Au five distinct gold showings 128 g/t Ag, over a 5 kilometer trend 1.4% Cu • Including the newly discovered Windfall Zone WINDFALL • Significant copper 17 g/t Au 56 g/t Ag mineralization has also been fo

  8. Slide 8: Root & Cellar - Conquest Zone

    Root & Cellar - Conquest Zone • 144 samples with > 0.1 g/t Au in an area of 500 x 700 m with grades up to 47.9 g/t Au in channel sample • Stockwork appears to form a halo to system with local high-grade • Prospecting of soil exposed in fault zone. anomalies has consistently resulted in the discovery

  9. Slide 9: Conquest Zone

    Conquest Zone IP Results - preliminary • Results from the IP survey at Conquest show two principal, east-west trending IP chargeability anomalies. • Northernmost of these two anomalies coincides with the Conquest showing • Numerous other subordinate cross-cutting IP trends TSX-V: NRN 9 www.northern-

  10. Slide 10: Conquest Zone - Summary

    Conquest Zone - Summary • Location of IP anomalies coincide with deep-seated magnetic low feature • Excellent correlation with gold anomalous soil and/or rock with IP and mag low feature • Numerous other subordinate cross- cutting IP trends TSX-V: NRN 10 www.northern-shield.com

  11. Slide 11: Conquest Zone

    Conquest Zone • Trenching of some of the near surface IP anomalies has uncovered additional mineralized outcrop. New Showings • These showings consist of sulphide-bearing and strongly silicified outcrops locally hosting chalcedonic quartz displaying early stages of colloform banding and ginguro deve

  12. Slide 12: Conquest Zone

    Conquest Zone TSX-V: NRN 12 www.northern-shield.com

  13. Slide 13: Conquest Zone

    Conquest Zone TSX-V: NRN 13 www.northern-shield.com

  14. Slide 14: Conquest Zone

    Conquest Zone • Cross-sections from 3D magnetic Main Conquest Trench inversion modelling Up to 47 g/t Gold Gold bearing rock samples 635,900E Gold anomalous soil samples Possible down dip 500 m continuation of mineralization IP Anomaly 500 m 635,750E 635,550E Cold colours (greens and blues) represen

  15. Slide 15: Windfall Zone

    Windfall Zone New Discovery a 200 m wide, gold-bearing fault zone where • Erosion of the volcanics has sampling along a single traverse of the zone exposed a 200+ metre wide, identified 29 samples assaying between 0.1 and gold-bearing fault zone 17 g/t Au and up to 58 g/t Ag hosted in the underlying

  16. Slide 16: Windfall Zone

    Windfall Zone Quartz Veins Brecciated quartz-carbonate- chlorite vein; 0.8 g/tAu Orange, Mn- Brecciated carbonate in quartz- quartz-chlorite carbonate-chlorite vein; 17 g/t Au vein; 4.4 g/t Au TSX-V: NRN 16 www.northern-shield.com

  17. Slide 17: Drop Zone

    Drop Zone Drop Zone shares some similarities to the other occurrences along the northern margin of the Root & Cellar volcanic centre including: • Very high silver to gold ratios • Sporadic associations of Pb, Zn and Cu • Elevated tellurium DROP ZONE Rock sample from Drop • Tellurides are often assoc

  18. Slide 18: Copper Potential

    Copper Potential Gold anomalous soil sample Copper anomalous soil sample • The Burin peninsula has always been recognized for its copper porphyry potential • 72 samples collected from Root & Cellar assay > 0.1% Cu with 13 > 1% and, a high of 10.5% Cu • Copper porphyries and epithermal gold are end m

  19. Slide 19: Root & Cellar Exploration Q3

    Root & Cellar Exploration Q3 • Diamond drill program being planned for August • Possible mechanical trenching prior to drilling • Further prospecting of near surface IP anomalies TSX-V: NRN 19 www.northern-shield.com

  20. Slide 20: Drill Program Summary

    2021 HIGHWAY ZONE Drill Program Summary • 8 drill-holes totaling, 3,400 meter • To date 24 drill-holes on the Highway Zone at Shot Rock • Best assay from 2021 program; 1.8 g/t Au despite visually prospective core. TSX-V: NRN 20 www.northern-shield.com

  21. Slide 21: Shot Rock

    Shot Rock • The gold is hosted in four fluid cells (epithermal systems) that have been identified by alteration, geophysics and Indications geochemistry Crystal of additional Hill intrusion gold systems • Three other cells are interpreted Highway • The system is located Zone between the Trans- Windm

  22. Slide 22: Shot Rock – 20SR-04

    Shot Rock – 20SR-04 Boiling zone and expected level of high- grade gold and silver TSX-V: NRN 22 www.northern-shield.com

  23. Slide 23: Other Projects

    Other Projects Planned Work Q2 IDEFIX Ni-Cu-PGE • Re-modelling of airborne magnetic and electromagnetic data under way • Ground UTEM survey being planned for late Spring MERASHEEN Zn-Pb-Au-Ag • Merasheen is being explored for precious-metal rich VMS under the Eskay Creek Model • An Airborne EM surve

  24. Slide 24: Corporate

    Corporate CAPITAL STRUCTURE Common Shares O/S 279M Directors Fully Diluted 323M Russ Richards Private wealth manger in Atlanta, Stock Price C$0.04 (Chairman) Georgia Don Bubar CEO of Avalon Advanced Market Capitalization C$14 Materials Inc. Treasury C$450,000 Marcus Archer Partner with Norton Rose F

  25. Slide 25: Corporate

    Corporate “ Northern Shield represents A Unique Opportunity to be involved early in the advancement of a new discovery in a developing and under-explored gold district.” TSX-V: NRN 25 www.northern-shield.com

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