North Stawell Minerals, Ltd. · ASX:NSM
North Stawell Minerals — Stawell Corridor Conference 2024
45 slides from North Stawell Minerals's conference presentation, Nov 27, 2024
Slide 1: Origins and the Stawell Story
For personal use only ORIGINS AND THE STAWELL STORY Stawell Corridor Conference, 27 Nov 2024 Kelvin Club, Melbourne ASX:NSM
Slide 2: Forward Looking Statements and Disclosures
Forward Looking Statements and Disclosures Forward Looking Statement and Disclosures. This presentation is not making any offer, inducement, solicitation or invitation of any kind by communication of this presentation to the recipient and under no circumstances is it to be construed as, a prospectus
Slide 3: Corporate Overview
Corporate Overview A highly experienced leadership team with strong exploration and mining experience – NSM is solely focussed on gold in western Victoria For personal use only BOARD AND MANAGEMENT CAPITAL STRUCTURE Jerry Ellis Non-Executive Chairman Single-commodity and single-jurisdiction 30 years
Slide 4: 1. NSM Tenement Package
For personal use only 1. NSM Tenement Package ASX:NSM
Slide 5: For personal use only
For personal use only Source: Geoscience Australia 6 6
Slide 6: For personal use only
NSW TMI-TILT From early 2000’s For personal use only SA VIC NSM Source: Geoscience Australia 7 7
Slide 7: NSM Tenements
For personal use only NSM Tenements NSM has consolidated 504km2 (60km strike) in the "Stawell Corridor" bordering the Stawell Gold Mine heading North-West along strike1. Stawell Gold Mine "Magdala Dome" 10km Background : TMI magnetics – tilt filtered 1Ref 1 (see references at the end of the presenta
Slide 8: North Stawell Minerals – tenement package
For personal use only North Stawell Minerals – tenement package Cover = Mud, rocks, dirt, farms, forests You can see that most of the tenements are covered over and do not see daylight. That has been a problem as long as gold has been mined. Simply couldn’t see under the ground "cover". 10km Backgro
Slide 9: 2. Stawell Gold Mine
For personal use only 2. Stawell Gold Mine (owned and operated by Stawell Gold Mines (pvt). ASX:NSM
Slide 10: What's the big deal with the Stawell Gold Mine?
What’s the big deal with the Stawell Gold Mine? For personal use only Stawell Gold Mine Originally a WMC Yielded nearly 5 Most (nearly all) has The owners of has been around project has had 10 million Oz Au, with come from the Stawell Gold Mines since the 1980’s. owners over the an additional Magdal
Slide 11: Stawell Gold Mines (Magdala + Wonga) orthographic image
Orthographic image: Looking east For personal use only Stawell Gold Mines (Magdala + Wonga) Image source: Stawell Gold Mines Private and confidential 12 1 2
Slide 12: The Stawell Gold Mine - looking south
The Stawell Gold Mine - looking south. Mineralisation (yellow) wraps around the margins of the large basalt slab (the Magdala Dome - grey) For personal use only Image source: Stawell Gold Mines Private and confidential 13 1 3
Slide 13: Magdala dome plus newly developing Browns dome
EL007325 (NSM) For personal use only Magdala dome plus newly developing Browns dome. Magdala Browns EL007324 (NSM) 1000m ML5260 RL7284 (SGM) (SGM) Image source: Stawell Gold Mines 1 4
Slide 14: Browns Target
EL007325 (NSM) RL7284 (SGM) For personal use only (1) BR003: 3mat 2.98g/t Au BR008: 9m at 1.1g/t Au Browns Target Browns has been known about for some time with historic surface drilling over the years discovering gold. The historic information has been collated and (1) BRD005: 3.45m at 3.05g/t Au l
Slide 15: 3. Focused exploration program to discover another Magdala
For personal use only Focused exploration 3. program to discover another "Magdala" ASX:NSM
Slide 16: Darlington Prospect
NSM tenements For personal use only (yellow) North Stawell Minerals – Darlington Prospect What we did discover with a bit of work and the old TILT image was a large collection of domes that look like Magdala, running up the Stawell corridor. Darlington Magdala 10km Background : TMI magnetics – tilt
Slide 17: Wimmera Park Prospect
For personal use only North Stawell Minerals – Wimmera Park Prospect Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 18 1 8
Slide 18: Wildwood Prospect
For personal use only North Stawell Minerals – Wildwood Prospect Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 19 1 9
Slide 19: Forsaken Prospect
For personal use only North Stawell Minerals – Forsaken Prospect Forsaken Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 20 2 0
Slide 20: Marlu South Prospect
For personal use only North Stawell Minerals – Marlu South Prospect Marlu South Forsaken Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 21 2 1
Slide 21: Old Roo Prospect
For personal use only North Stawell Minerals – Old Roo Old Roo Prospect Marlu South Forsaken Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 22 2 2
Slide 22: Lubeck Prospect
For personal use only Lubeck North Stawell Minerals – Old Roo Lubeck Prospect Marlu South Forsaken Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 23 2 3
Slide 23: Lubeck Tip Prospect
Lubeck Tip For personal use only Lubeck North Stawell Minerals – Old Roo Lubeck Tip Prospect Marlu South Forsaken Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 2 4
Slide 24: Challenger Prospect
Challenger Lubeck Tip For personal use only Lubeck North Stawell Minerals – Old Roo Challenger Prospect Marlu South Forsaken Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 2 5
Slide 25: Ashens Prospect
Ashens Challenger Lubeck Tip For personal use only Lubeck North Stawell Minerals – Old Roo Ashens Prospect Marlu South Forsaken Wildwood Wimmera Park Darlington Magdala 10km Background : TMI magnetics – tilt filtered 2 6
Slide 26: Sitting invisibly under cover
Sitting invisibly under cover For personal use only (FOR THE LAST 400 MILLION YEARS). The challenge is now to determine if they really are the same as Magdala using an extensive exploration program and an array of sophisticated analytics. Firstly, we’re looking for evidence of gold ("smoke" smoulder
Slide 27: Drilling results through cover
Drilling results through cover 5.00m @ 1.21 g/t Au from 56.00m (ASA115) (1) 2.00m @ 2.00 g/t Au from 58.00m (ASA184) NSM 1.00m @ 5.05 g/t Au from 56.00m (NSAC0172) (2) tenements 1.00m @ 3.00 g/t Au from 42.00m (NSAC0173) For personal use only (yellow) Interpreted basalt 5.00m @ 1.06 g/t Au from 77.0
Slide 28: The gold has to come from somewhere, right?
For personal use only The gold has to come from somewhere, right? Faults and shears channel gold- bearing fluids around the edges of the basalt domes. 29 2 9
Slide 29: Magdala Comparison
Magdala Comparison We’ve ranked the new domes in terms of size compared to Magdala. Remember, since the 1980’s Magdala has provided 40 years of mining and nearly 3 million Oz1 and is still producing. use only We simply want another Magdala. Stawell footprint Plenty of options to find another Magdala
Slide 30: Wildwood includes a shallow Mineral Resource
Wildwood includes a shallow Mineral Resource (1) : 1.15Mt at 2.4 g/t Au for 87koz Au. SGM's Stawell Mine (on the Magdala basalt) has Open at depth on basalt flanks provided 40 years of mining and nearly 5 million • Reported in accordance with Oz Au production(2) since discovery. Lubeck Tip was For p
Slide 31: Two priority targets north of Magdala under cover
Two priority targets north of Magdala under cover. Data acquisition and processing has advanced significantly over the past 30 years. For personal use only high resolution gravity data (1) EL007325 (NSM) RL007051 (NSM) Wildwood Stawell Gold Miners EL007182 Darlington (NSM) EL007324 EL007324 (NSM) (N
Slide 32: Wildwood & Darlington in relation to Magdala and Browns
25km For personal use only 6km Wildwood & Darlington in relation to NSM SGM Magdala and Browns. N Orthographic image of Stawell trend – looking down to the north. Source: Stawell Gold Mines and NSM n.b. scale varies 3 3
Slide 33: Early results from drilling at Wildwood
Here’s some early results from drilling at Wildwood. To us it’s starting to look a lot like Magdala back in 1985. Maslin Wildwood, west flank For personal use only open open open Trinity Clontarf Wildwood, east flank 530m vertical open open open WWD075: open 1.1m at 6.8g/t Au 1 open open 500m 5+ g/t
Slide 34: Stawell Mine vs. Wildwood Resource and targets – size
Stawell Mine vs. Wildwood Resource and targets – size. The geology is the same. Structure and dimensions are similar. Stawell has 50x historic gold. Wildwood is open and shallow-tested. 1 For personal use only 2 Wildwood and Stawell at same scale Maslin Trinity Clontarf Effectively explored depth 1
Slide 35: Based on our Magdala model, what's happening at Wildwood
Based on our Magdala "model" we think this is what’s happening at Wildwood. For personal use only High-tonnes flanking A low tonnes “Waterloo” mineralisation embayment 36 3 6
Slide 36: Depth persistent mineralisation at Wildwood
Plan Section (2024) One of the characteristics of the Stawell Gold Mine is depth persistent mineralisation. only At Wildwood, despite a shallow focus for drilling, isolated deeper gold results indicate Wildwood 0.90m @ 1.48 g/t Au from 885.65m (WWD075) (2) potential for a depth-persistent mineralisa
Slide 37: Based on our Magdala prototype, what's happening at Darlington
Based on our Magdala "prototype" we think this is what’s happening at Darlington. For personal use only Again, at Darlington and based on our Magdala model we think our Darlington exploration has hit a splay above (6km north of Stawell) the dome1. This happened at Magdala and resulted in the old "Da
Slide 38: Vertical shaft and mine at Darlington
Vertical shaft and mine at Darlington It helps that there is an old vertical For personal use only shaft and mine at Darlington1. This is the splay We think it sits atop a splay which we formerly mined by would now like to chase down deeper the old timers. and find the Basalt dome underneath. Splay
Slide 39: Browns-Caledonia target
Browns-Caledonia target: Darlington, 6 kmisnorth Darlington nowofinterpreted Stawell, includes newly as part of discovered basaltsystem a much bigger with potential – the to 8km form Stawell-type gold mineralisation Browns – Caledonia trend. on an 8km trend from trend from Stawell. For personal use
Slide 40: Darlington target 3D animation
For personal use only Nb. View is orthographic – scale varies IN THE PRESENTATION, THIS SLIDE IS AN ANIMATION THAT ROTATES THE DARLINGTON TARGET 270 DEGREES AND SHOWS THE 3D RELATIONSHIP BETWEEN DARLINGTON, STAWELL AND BROWNS – FINAL PIC IS INSET TO THE RIGHT → Nb. Animation is orthographic – scale
Slide 41: Darlington and Stawell domes 3D animation
IN THE PRESENTATION, THIS SLIDE IS AN ANIMATION THAT ROTATES THE DARLINGTON AND STAWELL DOMES 90 DEGREES AND SHOWS THE 3D RELATIONSHIP BETWEEN DARLINGTON, STAWELL AND BROWNS AND WILDWOOD – FINAL PIC IS BELOW TO LEFT For personal use only Nb. Animation is orthographic – scale varies 4 2
Slide 42: About North Stawell Minerals Limited
ABOUT NORTH STAWELL MINERALS LIMITED: For personal use only North Stawell Minerals Limited (ASX: NSM) is an Australian-based gold exploration company focused on discovering large scale gold deposits in the highly prospective Stawell Mineralised Corridor in Victoria. The Company is exploring prospect
Slide 43: References
References 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 For personal use only 5 20-Jan-21 NSM Drilling Update Link 2532KB 7 22-Feb-21 Shallow, High Grade Gold
Slide 44: 5. Appendix
For personal use only 5. Appendix 1 ASX:NSM
Slide 45: NSM known deposits mapped over the Magdala prototype
For personal use only The NSM known deposits mapped over the Magdala prototype. 4 6
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