Northwest Copper Corp. · TSXV:NWST
Northwest Copper — Investor Presentation (November 2024)
35 slides from Northwest Copper's investor presentation, November 2024
Slide 1: Creating Value Through Exploration
CREATING VALUE THROUGH EXPLORATION Corporate Presentation November 2024 TSX-V: NWST
Slide 2: Reconciliation and Indigenous Acknowledgement
Reconciliation and Indigenous Acknowledgement NorthWest Copper is committed to reconciliation and acknowledges its mineral tenure and exploration activities occur within the unceded traditional and ancestral territories of the: • Takla Lake First Nation • Tsay Keh Dene Nation • Nak’azdli Whut’en Nat
Slide 3: 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 document and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except Presentation b
Slide 4: NorthWest Copper
NorthWest Copper OUR PURPOSE To create long-term value for shareholders and local communities through responsible mineral exploration and advancement of our projects to meet the growing demand for copper. 4
Slide 5: Creating Value through Exploration
Creating Value through Exploration High-Grade Resource and Growth Potential: • Significant upside to increase our high-grade resource base through exploration of high-potential targets, led by our experienced team. Location and District Scale Exploration: • Our substantial land package of 175,000+ h
Slide 6: Lassonde Curve: Where NorthWest Creates Value
Lassonde Curve: Where NorthWest Creates Value 6
Slide 7: British Columbia - a Tier 1 Location
British Columbia - a Tier 1 Location Tier 1 Location¹ • Low political risk & stable jurisdiction • Robust provincial & federal support for critical minerals strategies • Established resource sector Active Mines & Mines Being Built • Red Chris, Bruce Jack, Copper Mountain, New Afton, Highland Valley,
Slide 8: Resource Growth through Exploration and Discovery
Resource Growth through Exploration and Discovery 2025 Exploration Plan¹ KWANIKA-STARDUST Exploration drilling near-surface, potential bulk-tonnage, PROGRAM high-impact Cu-Au-Ag targets outside current resource LORRAINE – TOP CAT Follow-up exploration and definition drilling of high- PROGRAM convict
Slide 9: Our Portfolio of Copper-Gold Projects
Our Portfolio of Copper-Gold Projects High-grade, large resources, 100% owned Three flagship projects: • Kwanika-Stardust: 1.5 Blbs of CuEq in M&I resources • Lorraine: 0.48 Blbs of CuEq in inferred resource & 0.18 Blbs of CuEq in Indicated resource • East Niv: New Cu-Au Discovery in 2021 Early-Stag
Slide 10: Kwanika-Stardust: Our Flagship Asset
Kwanika-Stardust: Our Flagship Asset High-Grade Cu-Au-Ag Project • Total resources of 1.5 Blbs of CuEq in M&I resource & 0.39 Blbs of CuEq in Indicated Resource in three zones • Kwanika Central Cu-Au Porphyry • Kwanika South Cu-Au-Mo Porphyry • Stardust – High-Grade Cu-Au Skarn Large & Prospective L
Slide 11: Kwanika-Stardust: PEA Highlights
Kwanika-Stardust: PEA Highlights (1) Total Opportunity to build value and advance to future AISC (2) Initial Capital Copper economic studies through resource growth, and (CuEq) Recovered potential incorporation of additional NWST projects US$2.01/lb C$568 M 694 Mlbs Cu Increase Mine Life and Boost P
Slide 12: Kwanika-Stardust: Targets to Grow Our Resources
Kwanika-Stardust: Targets to Grow Our Resources Drill Ready Targets Transfer Target - Highly prospective, near-surface target is a possible structural offset of high-grade Central Zone mineralization Andesite Breccia – Historic drill results of 87.0 metres at 0.38% Cu & 0.06 g/t Au from 102.4 metres
Slide 13: Kwanika-Stardust: Transfer Target Growth Opportunity
Kwanika-Stardust: Transfer Target Growth Opportunity A Near-Surface Bulk-Tonnage Target Interpreted to be the faulted offset of the high-grade Kwanika Central Zone using: • New geological understanding and models that reconstruct movement on post-mineral faults • A 3D induced polarization survey com
Slide 14: Lorraine: Realizing the Potential
Lorraine: Realizing the Potential Recent Discovery of new mineralized Zone at Road IP • First ever drill assays returned 104.7 metres of 0.13 % Cu including 7.4 metres of 1.10% Cu1. • Only 456 metres of drilling in the area • Closest historical drill hole is 6.3 kilometers away • Mineralization open
Slide 15: Lorraine Targets: Resource Growth Opportunity
Lorraine Targets: Resource Growth Opportunity Prospects and Drill Ready Targets at Lorraine Road IP – New Mineralized Zone Discovered • First ever drill assays returned 104.7 metres of 0.13 % Cu including 7.4 metres of 1.10% Cu1. (only 456 metres of drilling in the area & closest historical drill ho
Slide 16: East Niv: New High Potential Cu-Au Discovery
East Niv : New High Potential Cu-Au Discovery New Cu-Au Porphyry Discovery, Early Stage • First holes drilled in 2021 by NorthWest Copper • Only 7,706 m drilled along northeast edge of system Classic Cu-Au Porphyry System • System open to southeast, southwest, west & to depth. Classic porphyry alter
Slide 17: East Niv: Porphyry Cu-Au Discovery Opportunities
East Niv: Porphyry Cu-Au Discovery Opportunities Discovery Potential Porphyry Discovery Area – Two Contiguous Targets • Supported by IP chargeability, surface geochemical samples, and metal/alteration zoning • Valley Target: Large covered target contiguous with and southwest of drill intersections o
Slide 18: Pipeline of Early-Stage Exploration Opportunities
Pipeline of Early-Stage Exploration Opportunities Prospective Copper-Gold Early-stage Projects Arjay – Cu-Au-Mo Porphyry Target •IP Chargeability with coincident Cu-Mo anomaly •Target is Drill Ready Cory Bloom – Cu-Au-Mo Porphyry Targets •Six highly prospective mineralized zones •8,506 metres of his
Slide 19: Commitment to Sustainability & Responsible Exploration
Commitment to Sustainability & Responsible Exploration 2023 ESG Report Environment Social Governance Understand and protect the Understand the social context, share Commitment to advancing environment where we operate and information, conduct transparent sustainability policies and practices put sys
Slide 20: Capital Structure
Capital Structure Basic Shares O/S 235.8 M TSX-V: NWST Institutions 5% Warrants 15.6 M Market Cap (as at 10/15/24) $35.8 M Insiders 1% Options/RSUs 6.6 M Teck Fully Diluted Shares O/S 258.0 M 52-week High $0.29 POSCO 8% 3% 52-week Low $0.105 Retail Cash (as at 9/30/24) $1.1 M 83% Current price (as a
Slide 21: Summary: Strong Fundamentals
Summary: Strong Fundamentals High-Grade & Large Resource • 1.5 billion lbs CuEq M&I resources at 0.59% CuEq • 0.875 billion lbs CuEq inferred resources at 0.50% CuEq • Focus on Exploration to add value Kwanika-Stardust PEA • Low capex, low AISC • 90+ Mlbs CuEq per year over 12 years • Potential to i
Slide 22: TSX-V: NWST
info@northwestcopper.ca +1 604 683 7790 northwestcopper.ca 22 TSX-V: NWST
Slide 23: Appendix
NorthWestce APPENDIX TSX-V: NWST
Slide 24: Experienced Management Team
Experienced Management Team Tyler Caswell - V.P. Exploration James Lang - Chief Geoscientist Mr. Caswell has over 18+ years of experience as an Dr. Lang has 41 years of ore geology experience including 8 Exploration Geologist in the Americas and Asia. During this years of applied research at the Min
Slide 25: Copper – a Critical Mineral for a Low-Carbon Future
Copper – a Critical Mineral for a Low-Carbon Future ✓ Clean Technology • Critical minerals are essential building blocks for electrification of the economy ✓ British Columbia: Rich Resource Potential • British Columbia is positioned to produce the critical minerals essential for the clean energy tra
Slide 26: High-Grade Resources and Growth
High-Grade Resources and Growth Current Resource Base: Copper Resource Grades in BC2 Select Mines and Projects • 1.5 billion lbs CuEq M&I resources at 0.70 1400 0.59% CuEq¹ • 0.88 billion lbs CuEq inferred resources at 0.60 1200 0.50% CuEq 0.50 1000 M&I Grade, Cu Eq% Opportunity to enhance 2023 PEA
Slide 27: Kwanika-Stardust: High-Grade Copper-Gold Results
Kwanika-Stardust: High-Grade Copper-Gold Results NorthWest Copper Drill Highlights from Kwanika-Stardust Interval1 Hole From (m) CuEq2 (%) Cu (%) Au (g/t) Ag (g/t) (m) K-21-217 253.2 235.5 2.65 2.00 1.21 5.3 K-08-062 130.9 610.1 1.15 0.74 0.78 1.8 K-18-182 25.0 500.3 1.04 0.66 0.80 2.2 K-18-180 33.0
Slide 28: Kwanika-Stardust: GD-East Zone Target Opportunity
Kwanika-Stardust: GD-East Zone Target Opportunity Resource Growth Potential STARDUST Indication of a separate massive sulphide-skarn zone sub- parallel to the high-grade 421 Zone Supported by: KWANIKA CENTRAL • Drill holes east of the 421 Zone intersected polymetallic veins and KWANIKA manto-style m
Slide 29: Kwanika – Potential Deep Target
Kwanika – Potential Deep Target Very little deep drilling has been done at Kwanika • Possible analogue to Red Chris (Newmont/Imperial Metals) • Significant discovery below pit triggered Newcrest investment • High Au-to-Cu ratio in the core (hottest part) of the system surrounded by a Cu dominant env
Slide 30: Lorraine - Resource Expansion and New Discovery Potential
Lorraine - Resource Expansion and New Discovery Potential Additional drilling will build on the successful 2022 exploration program • Bishop • 2022 mineral resource (2.5 Mt indicated, 9.1 Mt inferred1) • Step outs will test open areas to the east • North Cirque • Only 2 shallow holes (96-45 and 91-1
Slide 31: Lorraine Potential Targets – North Cirque
Lorraine Potential Targets – North Cirque North Cirque A A’ • Only 2 shallow holes (96-45 and 91- 12) both contain intersections of >1% Cu mineralization. • Mapped bornite, chalcopyrite and soil anomalies between the Lorraine Upper Main Zone and the Cirque target area • Select historic drill results
Slide 32: Lorraine - Boundary
Lorraine - Boundary • Tier 1 target • Mineralization hosted in same rock at Slide, Boundary, & Lower Main Zone 32
Slide 33: NorthWest Copper Mineral Resource Estimate
NorthWest Copper Mineral Resource Estimate Kwanika Central Classification Tonnes (Mt) Cu (%) Au (g/t) Ag (g/t) CuEq (%) Cu (Mlbs) Au (koz) Ag (koz) CuEq (Mlbs) Measured 30.7 0.31 0.31 1.05 0.47 210.8 310.5 1,041.7 320.9 Open Pit Indicated 35.9 0.22 0.19 0.8 0.32 174.9 222.0 923.9 254.5 M&I 66.6 0.26
Slide 34: NorthWest Copper Resource Estimate Notes
NorthWest Copper Resource Estimate Notes Kwanika Central (Open Pit and Underground) Notes • The Mineral Resources have been compiled by Mr. Brian S. Hartman, M.S., P.Geo., Ridge Geoscience LLC, and subcontractor to Mining Plus. Mr. Hartman is a Registered Member of the Society for Mining, Metallurgy
Slide 35: NorthWest Copper Resource Estimate Notes, cont’d
NorthWest Copper Resource Estimate Notes, cont’d Stardust (Underground) Notes • The Mineral Resources have been compiled by Mr. B Ronald G. Simpson of GeoSim Services Inc. Mr. Simpson has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration an
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