Nordic Resources Limited. · ASX:NNL
Nordic Resources — Nordic Nickel — Resources Rising Stars Conference 2023
17 slides from Nordic Resources's conference presentation, May 16, 2023
Slide 1: Exploring the World’s Newest Major Nickel District
Exploring the World’s Newest Major Nickel District The district-scale Pulju Nickel Sulphide Project, Finland Resources Rising Stars Conference 16-17 May 2023 NORDICNICKEL.COM ACN 647 455 105
Slide 2: Important information
Important information DISCLAIMER AND FORWARD LOOKING STATEMENTS The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform
Slide 3: Nordic Nickel: Snapshot
Nordic Nickel: Snapshot • Two district-scale nickel-copper exploration assets in Northern Finland • Tier-1 jurisdiction highly prospective for nickel sulphides – Central Lapland Greenstone Belt • Highly-credentialled team with extensive nickel experience • Selected by BHP to participate in its inaug
Slide 4: Critical Minerals at a Critical Time
Critical Minerals at a Critical Time Demand for class 1 Securing supply Finland is Central Lapland Nordic Nickel has nickel sulphides to in Europe of incentivising Greenstone Belt rights over grow to 2.5Mt by critical minerals is battery minerals (CLGB) is highly 515km2 of a 2040 (14.5% a strategic
Slide 5: Central Lapland Greenstone Belt Projects
Central Lapland Greenstone Belt Projects Pulju Nickel Project (100%) • District scale, nickel-rich system • Near-surface disseminated nickel sulphides + high grade massive sulphides • Geophysics shows similar EM signatures to Sakatti Deposit • Historical shallow drilling with new 22,000m campaign no
Slide 6: Pulju Nickel Project
Pulju Nickel Project Exploring the World’s Newest Major Nickel Sulphide District • 2km of continuous mineralized strike delineated at the Hotinvaara Prospect • Semi-continuous mineralization visible and drill tested from surface to over 1,000m vertical depth INCREDIBLE VERTICAL CONTINUITY • Hotinvaa
Slide 7: Nordic Region a Hub for Nickel and Batteries
Nordic Region a Hub for Nickel and Batteries Nikkelvery Refinery Kristiansand 92kt pa Finland – Nickel Mines Europe is the Company Mine Reserves & Grade fastest growing Resource 70 >75 Ni 0.22% region for Terrafame Talvivaara 1Btn Cu 0.13% GWh/a GWh/a battery cell Boliden Kevitsa 243Mtn Ni 0.22%, Cu
Slide 8: Pulju: Potential for a Global Nickel Mining Camp
Pulju: Potential for a Global Nickel Mining Camp • Nickel occurrences coincident with the ultramafic lithologies and magnetic highs • Magnetic anomalies correlate to the ultramafic rocks and represent ~35km of continuous prospective strike • Shallow historical regional drilling has confirmed widespr
Slide 9: Global Scale Perspective
Global Scale Perspective 1 ASX Outstanding Regional Nickel Potential Confirmed at Pulju, 10 August 2022 NORDICNICKEL.COM | 9
Slide 10: Hotinvaara Prospect: Mineral Resource Estimate
Hotinvaara Prospect: Mineral Resource Estimate • Maiden Mineral Resource Estimate (MRE) of 133.6Mt @ 0.21% Ni, 0.01% Co for 278,530t of contained Ni and 12,650t Co1,2 • Starts at surface, with 227,000t contained Ni metal (81% of total) within 250m of the surface • Strong metal endowment within an ex
Slide 11: Hotinvaara Prospect: Historical Drill Results
Hotinvaara Prospect: Historical Drill Results Selected near surface Massive sulphide intersections* • Near surface disseminated nickel disseminated nickel intersections* sulphide mineralisation is consistent 97m @ 0.33% Ni from 102m in HOV-007 0.26m @ 9.61% Ni, 0.17% Cu and 0.36% Co incl. 18m @ 0.70
Slide 12: Hotinvaara Prospect: Drilling Underway
Hotinvaara Prospect: Drilling Underway • Hotinvaara diamond drilling program underway with ~9,950m complete. • 13 drillholes completed • 1 drillhole underway • Testing geological and geophysical targets (MLEM, BHEM, fixed loop EM, gravity and magnetics). • Visual observations indicates widespread di
Slide 13: Hotinvaara Prospect: Growth Potential
Hotinvaara Prospect: Growth Potential • High-resolution UAV magnetic survey highlighted potential for multiple Hotinvaara-style ultramafic intrusives1 • Two large prospects identified in close proximity (<2km) to the existing JORC (2012) MRE • P3 situated along strike from MRE showing magnetic featu
Slide 14: Multiple Exploration Targets Outside the Resource
Multiple Exploration Targets Outside the Resource • District-scale Project with potential to host both extensive near-surface disseminated nickel together with massive nickel-copper sulphide mineralisation1 • High-resolution drone magnetic geophysical survey completed over 269km2 • Multiple magnetic
Slide 15: Capital Structure
Capital Structure Company Overview Share Price ASX NNL $0.315c 115.25 m Share price1 Shares on issue $36.3m $0.25c Market capitalisation (A$) IPO price $8.02m Nil Cash (31 March 2023) Debt Retail Directors & Board & Management 14.65m $28.28m Associates Total Options on Issue Enterprise Value (A$) 14
Slide 16: Key Investment Takeaways
Key Investment Takeaways Unlocking the potential of one of world’s newest major nickel sulphide districts in Northern Finland. Maiden 133.6Mt Mineral Tier-1 jurisdiction Dual exploration targets Resource Estimate for highly prospective for i. Disseminated nickel 278,520t Ni and 12,560t Co 1,2 nickel
Slide 17: Contact details
Level 12, 197 St Georges Terrace Investor Enquiries Media Enquiries Perth, Western Australia 6000 Todd Ross Nicholas Read info@nordicnickel.com Managing Director Read Corporate NORDICNICKEL.COM T: +61 416 718 110 T: +61-8 9388 1474 E: info@nordicnickel.com M: +61-8 419 929 046 E: nicholas@readcorpor
Nordic Nickel — Resources Rising Stars Conference 2023 on 6ix