Northcliff Resources Ltd. · TSX:NCF
Northcliff Resources — Investor Presentation (April 2018)
22 slides from Northcliff Resources's investor presentation, April 2018
Slide 1: Sisson Tungsten-Molybdenum Project, New Brunswick, Canada
NCF - TSX A SIGNIFICANT FUTURE GLOBAL TUNGSTEN PRODUCER Sisson Tungsten-Molybdenum Project New Brunswick, Canada INVESTOR PRESENTATION April 2018
Slide 2: Cautionary and Forward Looking Statements
CAUTIONARY AND FORWARD LOOKING STATEMENTS This document contains “forward-looking statements” that are based on Northcliff’s expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of for
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS The Sisson Project has the potential to be a significant global tungsten producer FEASIBILITY STUDY COMPLETED PRIVATE EQUITY PARTNER SECURED PROVINCIAL AND FEDERAL EIA APPROVED PURSUING OFFTAKE AGREEMENT(S) COOPERATION AGREEMENT WITH WOODSTOCK FOCUSED ON ADVANCING P
Slide 4: Sisson Project Highlights
SISSON PROJECT HIGHLIGHTS • Feasibility Completed • Ammonium Paratungstate (APT) Plant • Long Life Operation (27 Years) • 2 Year Construction Period • Low Cost, Open Pit Mining • EIA Approved - Provincial & Federal • Conventional Processing • Advancing permitting, offtake and financing 2013 FEASIBIL
Slide 5: Strategic Financing with Todd Corporation
STRATEGIC FINANCING WITH TODD CORPORATION • On October 3, 2013, the Todd Corporation acquired a 25% effective interest in the Sisson Project for $19M comprising: • 15% of Northcliff stock in a $5M Private Placement • 11.5% direct interest in the Project for $14M • Todd currently holds a combined 36.
Slide 6: Overview of Project Financing Plan
OVERVIEW OF PROJECT FINANCING PLAN Potential Financing Structure * Todd has an option to increase their interest in the LP for an additional 10% for $20M. 6
Slide 7: Superior Location and Infrastructure
SUPERIOR LOCATION AND INFRASTRUCTURE The Sisson Project is well-situated relative to communities and existing infrastructure POWER • LOW POWER COSTS PROJECTED – $0.065/KWH • NB POWER TO CONSTRUCT LINE TO PLANT SITE WORKFORCE • LOCAL WORKFORCE FAMILIAR WITH MINING • WORK CAMP NOT REQUIRED INFRASTRUCT
Slide 8: Proposed Site Infrastructure
PROPOSED SITE INFRASTRUCTURE Source: 2013 Feasibility Study 8
Slide 9: Reserve and Resource Benchmarking
RESERVE AND RESOURCE BENCHMARKING • The 2013 Feasibility Study has established Sisson as one of the most significant tungsten reserves outside China • Sisson Deposit 43-101 Mineral Reserves (January 2013 at $8.83/tonne NSR cutoff1) Cut-Off Grade Tonnes NSR WO 3 Mo Tungsten (WO 3) Contained Mo Catego
Slide 10: Stakeholder and First Nations Engagement
STAKEHOLDER AND FIRST NATIONS ENGAGEMENT • Early identification and ongoing engagement of key stakeholders and First Nations • Established presence in Province • Strong record of consultation • Funded Aboriginal Traditional Use Study with 3 local First Nations • Signed Cooperation Agreement with Woo
Slide 11: Summary
SUMMARY Attractive Project Fundamentals Technically and economically robust Project Significant potential for project Technical optimization Excellent location & existing infrastructure Provincial and Federal EIA approved Indicative product offtake Milestones Strategic investment through Todd corpor
Slide 12: Appendix
Appendix sh "HBINORTHCLIFE, -
Slide 13: Hunter Dickinson Inc.
HUNTER DICKINSON INC. © HDI COMPANIES @ HISTORIC COMPANIES Heatherdale North American Northern Metals Dynasty ECCendor. Rathdowney Continental Gold Detour Gold Continental Amare Farallon Great Basin Gold Rockwell “é Great Basin Gold ry Te Sienna miBiNORTHCLIFE,
Slide 14: Reserve
RESERVE Sisson Deposit 43-101 Mineral Reserves (January 2013 at $8.83/tonne NSR cutoff1) Cut-Off Grade Tonnes NSR WO 3 Mo Tungsten (WO 3) Contained Mo Category (NSR $/t) (Mt) ($/t) (%) (%) (million mtu) (Mlb) Proven 8.83 105.4 25.48 0.069 0.023 7.3 53.0 Probable 8.83 228.9 23.54 0.065 0.020 14.9 101
Slide 15: Geology
GEOLOGY • A large, intrusion-related W-Mo deposit formed approximately 375 million years ago • Spans a near-vertical contact between Ordovician meta-volcanic/sedimentary rocks to the east and a Devonian gabbro intrusion to the west • Molybdenite and scheelite are hosted by quartz veins; overall sulp
Slide 16: 2013 Feasibility Study Engineering Consultants
2013 FEASIBILITY STUDY ENGINEERING CONSULTANTS Consultant Sisson Contribution Qualified Person Infrastructure, Civil, Electrical, Mechanical Steven Pozder, PE and compiling the Feasibility Study Pit slope design, waste and water management facility design, operating and Daniel Friedman, PEng capital
Slide 17: Northcliff Management Team
NORTHCLIFF MANAGEMENT TEAM CHRIS ZAHOVSKIS B.Sc. (Hons) Mining Engineering, P.EnG KELLY BOYCHUK B.Sc. Geological Engineering, P.Eng., MBA President, CEO and Director Vice President │ Engineering Chris Zahovskis is a mining engineer with over 30 years Mr. Boychuk is a Qualified Professional Engineer
Slide 18: Northcliff Board of Directors
NORTHCLIFF BOARD OF DIRECTORS MARCHAND SNYMAN Chairman & Director JACOB ROORDA Director* Marchand Snyman is a dual Australian & South African Jacob Roorda has over 30 years of experience in the oil and gas Chartered Accountant. He has more than 18 years experience industry and is currently a Directo
Slide 19: The Uniqueness of Tungsten
THE UNIQUENESS OF TUNGSTEN • Tungsten (WO3) is a steel-gray metal that has the highest melting point of all metals in pure form • It is the most important alloy in tool & construction steels enhancing hardness, cutting efficiency & speed • Hard metal tools made from tungsten are used to shape metals
Slide 20: Main Uses of Tungsten
MAIN USES OF TUNGSTEN • Key properties such as hardness, highest melting point make substitution difficult • Similar hardness to that of diamond • Strategic Metal in the USA and European Union • Tungsten consumption correlates with global GDP growth Tungsten Uses Cemented Carbide Uses 20
Slide 21: Molybdenum Uses
MOLYBDENUM USES • An important alloy in stainless steel & steel • In the US, steel industries drive ~75% of molybdenum demand • Molybdenum uses & benefits: • Automotive parts • Construction equipment • Electrical contacts • Oil and gas drilling and pipelines • Gas turbines (jet engines) • Also impor
Slide 22: Contact Information Websites
NCF - TSX A significant future global tungsten producer Contact Information Websites General Office northcliffresources.com 15th Floor sissonpartnership.com 1040 W. Georgia Street Vancouver, BC Canada V6E 4H1 Tel: 604.684.6365 TF: 800.667.2114
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