North Stawell Minerals, Ltd. · ASX:NSM
North Stawell Minerals — Investor Presentation (June 2025)
38 slides from North Stawell Minerals's investor presentation, Jun 11, 2025
Slide 1: Equity Capital Raising Presentation
NO RTH STAWELL MI NERALS EQUITY CAPITAL RAISING PRESENTATION JUNE 2025 We acknowledge the traditional owners of the land on which we work, the Wotjobaluk, Jardwadjali, Wergaia and Jupagalk nations, and pay our respects to elders past and present. ASX:NSM ASX:NSM
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Purpose of this document This investor presentation dated 11 June 2025 has been prepared by North Stawell Minerals Ltd ACN 633 461 453 (NSM or the Company) for general information purposes using the information available to NSM at the time of publication. Summary Inf
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer Hong Kong Entitlement Offer WARNING: This document may be distributed in Hong Kong only to (i) not more than 50 existing shareholders of the Company and (ii) any other shareholder who is a "professional investor" (as defined in the Securities and Futures Ordinance of
Slide 4: Important Notices and Disclaimer
Important Notices and Disclaimer Singapore This document and any other materials relating to the New Shares have not been, and will not be, lodged or registered as a prospectus in Singapore with the Monetary Authority of Singapore. Accordingly, this document and any other document or materials in co
Slide 5: Important Notices and Disclaimer
Important Notices and Disclaimer Forward Looking Statement and Disclosures. This Presentation contains "forward-looking statements". Forward-looking statements can generally be identified by use of words such as "may", "should", "could", "foresee", "plan", "aim", "will", "expect", "intend", "project
Slide 6: Executive Summary
Executive Summary North Stawell Minerals Limited (ASX:NSM) is a western Victoria gold exploration company that has consolidated 504km2 (60km strike) in the "Stawell Corridor" immediately along strike from the operating Stawell Gold Mine. • NSM has consolidated 504km2 (60km strike) (1) in the "Stawel
Slide 7: North Stawell Minerals Ltd Opportunity
North Stawell Minerals Ltd Opportunity North Stawell Gold Project, Victoria, Australia. Structure Small Cap Upside Cash on hand Optics $0.032 $8.75M 87koz Au1 1 $0.47M2 Gold-only! (incl. 44koz Indicated ) Single project 273.677M shares Market Capitalisation Shallow (from 30m) ASX:NSM 31 Mar 25 Singl
Slide 8: North Stawell Minerals Ltd snapshot
North Stawell Minerals Ltd snapshot Multi million-ounce Extensive historic data1 Strategic position Explore for shallow, Stawell- Experienced team gold corridor 142,000m AC (2,422 holes) Strong project pipeline like mineralisation. Board and management with extensive 34,358m RC (449 holes) resource
Slide 9: Corporate Overview
Corporate Overview A highly experienced leadership team with strong exploration and mining experience. NSM is solely focussed on gold in western Victoria. BOARD WHY NSM? CAPITAL STRUCTURE Single commodity – single jurisdiction project – single project. Jerry Ellis Non-ExecutiveChairman 30 years at B
Slide 10: Capital Raising Overview
Capital Raising Overview Placement and Entitlement Offer to raise up to $3.6 million Capital Raising Structure and size Placement announced to raise approx. $1.5 million from new sophisticated and institutional investors with settlement of the Placement to occur on 17 June 20251 Pro rata, non-re
Slide 11: Entitlement Offer Timetable
Capital Raising Overview Entitlement Offer Timetable Event Date Announcement of the Placement and the Entitlement Offer Tuesday, 11 June 2025 Lodgement of Cleansing Notice and Appendix 3B Settlement of Placement Tuesday, 17 June 2025 24% Entitlement Offer “Ex” Date Wednesday, 18 June 2025 Record Dat
Slide 12: NSM Tenements
NSM Tenements North Stawell Minerals’ tenement portfolio includes 504km2 in the highly prospective Stawell Corridor, immediately north of the operating Stawell Gold Mine (SGM)1. Tenement Status Number Area (km2) Initial NSM Earn-in Name holding potential Murray Basin Wildwood Granted RL007051 50 51%
Slide 13: Finding basalts through cover
Finding basalts through cover Working with a best-available dataset (including geo-knowledge) to test and rank Stawell-like targets under cover. Footprint of 4.9 Moz Au Stawell Gold Mine. COVERED COVERED OUTCROPPING OUTCROPPING Reprocessed Airborne Geology-geophysics- Drilling and historic 3D Invers
Slide 14: Drilling results targeting Stawell-type basalts
Drilling results targeting “Stawell-type” basalts 5.00m @ 1.21 g/t Au from 56.00m (ASA115) (1) 2.00m @ 2.00 g/t Au from 58.00m (ASA184) 1.00m @ 5.05 g/t Au from 56.00m (NSAC0172) (2) NSM 1.00m @ 3.00 g/t Au from 42.00m (NSAC0173) tenements (yellow) Interpreted 5.00m @ 1.06 g/t Au from 77.00m (WLA045
Slide 15: The Stawell Mine - operated by Stawell Gold Mines
The Stawell Mine - operated by Stawell Gold Mines Pty Ltd (SGM) S taw e ll G old Min e The owners of Stawell P rodu c e d approx. 5.3 Most gold comes from the margins of c om m e n c e d m ode rn Gold Mines (SGM) holds a m illion Oz Au 1 - s till the Magdala basalt dome Dimensions: produ c tion in t
Slide 16: Stawell Gold Mine (the Stawell-type model)
Stawell Gold Mine (the “Stawell-type” model) The mine is cored by a buttress of basaltic rock. Gold mineralisation wraps around the basalt margin. Find more basalts == find another Stawell!? Mariners splay Wonga (see next slide) Stawell historic production1: Magdala West 2.67M oz Au (pre-1980) 2.62M
Slide 17: Mariners Historic Mines (the Mariners-type model)
Mariners Historic Mines (the “Mariners-type” model) Splays of mineralisation off (and above) the basalt. At Stawell, the historic mining is impressive, with historic production of 0.95Moz Au at 30g/t Au1. Understanding the Mariners system – Mariners splay particularly as it formed a large, high-grad
Slide 18: Stawell Mine vs. Wildwood Resource and targets
Stawell Mine vs. Wildwood Resource and targets – size comparison. The geology is the same. Structure and dimensions are similar. Stawell has 50x historic gold. Wildwood is open and shallow-tested. 1 The mature understanding of the mineralisation at Stawell informs exploration at Wildwood. Wildwood,
Slide 19: Wildwood Mineral Resource
Wildwood Mineral Resource1 87,300 oz Au Mineral Resource from immediately below cover (40m depth). Shallow-tested and open in several directions. The Mineral Resource at Wildwood has benefited from re-interpretation and re-estimation and structural interpretation in June 2023 (1) . Indicated Inferre
Slide 20: NSD054-NSD055 – down plunge from Clontarf Mineralisation
NSD054-NSD055 – down plunge from Clontarf Mineralisation Significant thickening of the target sequence provides some encouragement, no significant (>1g/t Au) intercepts – some gold anomalism (<1g/t Au). The SE flank of Wildwood remains a viable target to host large-volume flank-style mineralisation.
Slide 21: NSD054 & NSD055 targeted flank-type mineralisation
NSD054 & NSD055 targeted Flank-type mineralisation of Wildwoods east flank Only anomalous gold grades (<1g/t Au) were intersected. However, thick intercepts of the prospective geology with the “right” alteration were intersected in each hole. Trinity Clontarf Wildwood, east flank 530m vertical NSD05
Slide 22: NSD056 - Maslin
NSD056 - Maslin “Right” rocks with encouraging alteration intersected but without significant (>1g/t Au) grades. 0.9m at 2.76g/t Au intercept1 in the upper hole has potential for open mineralisation to the south. NSD056 targeted an un-drilled extension of the Maslin mineralisation B C adjacent to a
Slide 23: Wildwood – a boutique satellite resource to Stawell?
Wildwood – a boutique satellite resource to Stawell? Wildwood is shallow, with similar ore-styles, comparable gold grades and within the economic footprint (25km) of the operating mine at Stawell (SGM). Does the relentless rise of the gold price impact the economics of this small resource? Review is
Slide 24: Browns-Caledonia trend target
Browns-Caledonia trend target Darlington, an NSM priority target 6 km north of Stawell, includes newly discovered basalt with potential to form Stawell-type and/or Mariners-type gold mineralisation along an 8km trend from Stawell. Darlington is now interpreted as part of a much bigger system – the 8
Slide 25: Darlington Target – Mariners-type or Mariners-repeat?
Darlington Target – Mariners-type or Mariners-repeat? Darlington, 6 km north of Stawell, includes visible gold (VG)-bearing brecciated quartz-sulphide vein5 and basalts at depth (NSD053(3) and NSD057(5)) – interpreted as a mineralised ‘splay’ off the basalt at depth. NSD057 – 2.3m at 29.2 g/t Au fro
Slide 26: Darlington target – Stawell-type potential
Darlington target – Stawell-type potential NSD057 is the second drillhole to intersect the basalt beneath Darlington. An encouraging 16m zone of anomalous (>1 g/t Au) was returned on a faulted basalt margin. - n.b. historic production figure (5) (2) The intersection of the plunging Darlington (2) mi
Slide 27: CSIRO modelling
CSIRO modelling Research helps identify areas most likely to host target gold mineralisation. Two projects with CSIRO, Australia’s National Science Agency, identify areas where deep faults channel gold-bearing fluids towards the basalt margins1 and which part of the basalt is most likely to host the
Slide 28: Darlington West – NSD058
Darlington West – NSD058 NSD058 is the first hole testing a “blind” target based on geophysics and numerical modelling data. The hole intersected mineralisation on the upper and lower margins of a new, intersected basalt – an exciting result for a possible repeat of the Stawell-type mineralisation.
Slide 29: Project Pipeline – Lubeck Tip
Project Pipeline – Lubeck Tip The Lubeck Tip target is an NSM discovery. 30km north of Stawell, the target has responded well to the exploration model, returning shallow, significant gold grades (>1g/t Au) in first drill programs. Lubeck Tip is a “next cab off the rank” project in NSM’s project pipe
Slide 30: Proposed Work Program 2025
Proposed Work Program 2025. Focus on follow-up on the high-grade shallow target at Darlington, and other Darlington targets that “fit” a Stawell-type or Mariners-type mineralisation model. Review Wildwood as a potential satellite deposit and prepare secondary targets for renewed work. NSM’s project
Slide 31: Summary of Key Risks
Summary of Key Risks Introduction beyond the control of the Company. Losses resulting from any of these risks could have a material adverse There are a number of risk factors that could potentially impact the Company and any investment in the effect on the Company's financial resources or could resu
Slide 32: Summary of Key Risks (continued)
Summary of Key Risks (continued) Reserve and Resource estimates and Exploration Targets In addition to mineral tenements and permits, exploration, development and mining operations require other Resource and reserves estimates are expressions of judgment based on knowledge, experience and industry r
Slide 33: Summary of Key Risks (continued)
Summary of Key Risks (continued) Environment risks Safety The operations and proposed activities of the Company are subject to laws and regulations concerning the Safety if of critical importance in the planning, organisation and execution of the Company’s exploration and environment. As with most e
Slide 34: Summary of Key Risks (continued)
Summary of Key Risks (continued) Social and climate change risks The Company’s financial position, financial performance and the market price of the Company’s securities may be impacted by a variety of general global economic and business conditions, such as the general Establishment of strong relat
Slide 35: North Stawell Minerals ASX:NSM
North Stawell Minerals ASX:NSM This announcement has been approved for release by the board of North Stawell Minerals Ltd. For Further Information: Peter Taylor Campbell Olsen Investor and Media Relations Interim Chief Executive Officer peter@nwrcommunications.com.au campbell.olsen@northstawellminer
Slide 36: Appendix 1: NSM releases to ASX relating to this presentation
APPENDIX 1 NSM releases to ASX relating to this presentation. Ref # Date Report title Doc size 1 22-Sep-20 Prospectus Link 20276KB 3 29-Oct-20 Quarterly Activities Report & Appendix 5B Link 2904KB 5 20-Jan-21 NSM Drilling Update Link 2532KB 6 29-Jan-21 Quarterly Activities Report & Appendix 5B Link
Slide 37: Appendix 1: NSM releases to ASX relating to this presentation
APPENDIX 1 NSM releases to ASX relating to this presentation. Ref # Date Report title Doc size 47 28-Mar-23 High grade, plunging shoot at Darlington Link 2019KB 53 21-Jun-23 Technical Update June 2023 – OREAS Vic Round Up Conference Link 5166KB 54 23-Jun-23 Wildwood revisited-visible gold and high-g
Slide 38: Appendix 2: References
APPENDIX 2 References – Data informing historic mines and historic production figures at Mariners, Stawell. 1. https://stockhead.com.au/resources/nsms-challenger-prospect-mirrors-the-5moz-stawell-gold-mine/ 2. https://northstawellminerals.com/our-projects/ 3. https://wcsecure.weblink.com.au/clients/
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