Northwest Copper Corp. · TSXV:NWST
Northwest Copper — Investor Presentation (June 2022)
23 slides from Northwest Copper's investor presentation, June 2022
Slide 1: The New Canadian Copper Company
The New Canadian Copper Company
Slide 2: Forward-Looking Statements
Forward-Looking Statements This Presentation has been prepared by NorthWest Copper Corp. (the “NorthWest Copper” or the “Company”) solely for the use in the proposed timing of exploration and drilling programs and the results thereof, the growth potential of the Company’s mineral properties, Present
Slide 3: The Canadian Copper-Gold Discovery Company
The Canadian Copper-Gold Discovery Company • We are a new company with an EXTENSIVE land position in prospective north-central British Columbia • Our experienced team is UNIQUELY focussed on creating value for our shareholders • In addition to advancing our flagship project in 2021, our team made tw
Slide 4: Dominant Land Position in Highly Prospective North-Central BC
Dominant Land Position in Highly Prospective North-Central BC • Extensive land position of >150,000 hectares, 100% owned by NorthWest • Our land position is bookended by the long-life Mt. Milligan Mine and the Kemess Project, both owned by Centerra Gold • Centerra purchased Mt. Milligan in a $US 1.1
Slide 5: Building Partnerships with First Nations
Building Partnerships with First Nations • We are currently working with four First Nations: Takla Lake, Tsay Keh Dene, Nak’azdli Whut’en and Gitxsan. We have existing agreements to explore in our project areas. • We acknowledge that we operate in the territories of Indigenous peoples and seek to cr
Slide 6: Capital Structure
Capital Structure Capital Structure Share Ownership Analyst Coverage Basic Shares Outstanding 157.5 million Warrants 10% 13.5 million 14% Options/RSUs/DSUs 16.2 million Fully Diluted Shares 187.2 million Outstanding 76% Cash on Hand ~$25 million Institutions Insiders Retail 6 1 - As at January 25, 2
Slide 7: Why NorthWest Copper?
Why NorthWest Copper? • Project Advancement • Actionable flagship project stands out with existing infrastructure, stable jurisdiction, high grades and growth potential • Project Growth • Large portfolio of projects with a pipeline of growth opportunities • Upcoming Catalysts For 2022: • Kwanika/Sta
Slide 8: Why Now?
Why Now? • We believe that this is the time to start a new copper business. Critical minerals support as well as weak global exploration and development pipeline • Drilling news flow – continuous to end of the year – multiple targets • Project milestones through the year • Advancement of a low capit
Slide 9: Copper – Supply Perspective
Copper – Supply Perspective • The copper demand story is well established • The supply constraints are less broadly known • New discoveries are rare • Most deposits are deeper – blind discoveries • Many producing countries are facing political, community and water challenges • Time to permit and bui
Slide 10: Geology and Exploration Focus
Geology and Exploration Focus • Expand Our High-Grade Cu-Au Mineralization • Extend the East Niv Cu-Au Porphyry Discovery • Refine Some of Our Many Other Cu-Au Targets 10
Slide 11: NWST Projects – A Prolifically Mineralized But Underexplored Cu-Au Belt
NWST Projects – A Prolifically Mineralized But Underexplored Cu- Au Belt • Extensive holdings from Mt Milligan to Kemess • In the Quesnel & Stikine Terranes, which host most Cu- Au porphyry deposits in BC o Triassic deposits related to the Takla Group (East Niv) o Jurassic deposits related to the Ho
Slide 12: East Niv – A New Porphyry Cu-Au Discovery With Great Exploration Upside
East Niv – A New Porphyry Cu-Au Discovery With Great Exploration Upside A new porphyry Cu-Au discovery: • Significant Cu-Au porphyry mineralization in 8 of 10 holes 81.6 m @ 0.56% CuEq (incl • High-grade Au-only mineralization in hole 07 42.9 m @ 0.78% CuEq)1 28.5 m @ 0.36% CuEq and 100.9 m @ 0.34%
Slide 13: East Niv – Mineralization Has Excellent Properties
East Niv – Mineralization Has Excellent Properties Optical Microscope Photographs • Hypogene – disseminated & in quartz veins Qtz-sulphide veins Chalcopyrite-magnetite-(pyrite) • Potassic Kspar-magnetite-biotite-quartz is mt characteristic of many porphyry Cu-Au cpy deposits in the northern Cordille
Slide 14: East Niv – A Compelling Cu-Au Exploration Model
East Niv – A Compelling Cu-Au Exploration Model Magnetics 3D inversion produces a compelling exploration model: Section Large potential source intrusion at depth to feed high-level intrusions & fluids Cross • • Numerous magnetic ‘fingers’ extend above it • Best 2021 intersections are around the sout
Slide 15: East Niv – Objectives in 2022
East Niv – Objectives in 2022 • Follow up diamond drilling • Expand mineralization discovered in 2021 • Extend mag & IP surveys • Geological mapping & structural interpretation • Refine existing & identify new Cu-Au targets We Have A Well Defined To-Do List 15
Slide 16: Kwanika – Two Styles of High-Grade Cu-Au Makes It Exciting
Kwanika – Two Styles of High-Grade Cu-Au Makes It Exciting • Most common – high concentrations of deformed and High concentrations of deformed & broken A & B style veins broken type A and B quartz-chalcopyrite±bornite veins • Disseminated Cu-Au in strong, related potassic alteration • Lots of inters
Slide 17: Kwanika – Super-High-Grade Breccia In K-21-217
Kwanika – Super-High-Grade Breccia In K-21-217 • The second, so far less common style, is Hole 217 – 9.4 m @ 29.85% Cu & 4.34 g/t Au for 33.60% CuEq1 super high grades in breccia – like hole 217 • Chalcocite, bornite, and covellite matrix; fragments include potassically altered intrusion and quartz-
Slide 18: Kwanika – Analogy To Ridgeway Au-Cu Mine (NSW)
Kwanika – Analogy To Ridgeway Au-Cu Mine (NSW) Ridgeway Mine – Produced 54 Mt @ 2.5 g/t Au & 0.37% Cu (2002-2018; blind discovery) Kwanika is similar to Ridgeway in: Courtesy of • Size & geometry Alan Wilson • Steep control by structures & dykes Kwanika Ridgeway – Deposit Blind at >400 m Depth • Lat
Slide 19: Kwanika – A 3-Pronged Approach to Building Tonnes in 2022
Kwanika – A 3-Pronged Approach to Building Tonnes in 2022 The Concept – Structural Control of High Grade + 300m 3D-IP Area 1 – Central Zone Targets: • High-grade corridors for 217-style mineralization at depth • Higher-grade corridors within the “in-pit“ resource Hole 221 Near Surface • Resource exp
Slide 20: Stardust – High-Grade Cu-Au Deposit With Upside
Stardust – High-Grade Cu-Au Deposit With Upside • Zoned porphyry-skarn-manto-epithermal system • Only 7 km north of Kwanika, well located for joint development • A 2021 resource on massive to semi-massive sulphide within the Canyon Creek skarn • High-grade Cu-Au-Ag mineralization • Target areas at d
Slide 21: Lorraine Property – Many Cu-Au Targets But Most Largely Untested
Lorraine Property – Many Cu-Au Targets But Most Largely Untested • Lorraine project covers a large area (note scale!) • Hosted by Duckling Creek Syenite Complex (pink) o Alkalic porphyry Cu-Au mineralization o Same deposit class as Galore Creek & Mt. Polley • Historical focus mostly on Lorraine prop
Slide 22: Lorraine Deposit – High-Grade Mineralization is Common
Lorraine Deposit – High-Grade Mineralization is Common high-grade high-grade bornite chalcopyrite + chalcopyrite • High-grade intersections common in Upper Main, Lower Main & Bishop Zones at Lorraine, such as: DDH Zone m Cu % Au g/t L08-120 L. Main 159.2 0.64 0.30 04-80A Bishop 34.9 0.97 0.27 L94-8
Slide 23: Lorraine Deposit Area – Untested Models & Significant Upside Potential
Lorraine Deposit Area – Untested Models & Significant Upside Potential • 2021 mapping produced new concepts on the structural control of high grade in the Main-Bishop zones • Drilling is very concentrated in a few small areas. • Areas between the three main zones not well drilled • Many areas of exp