Far Northern Resources Limited · ASX:FNR
Far Northern Resources — Investor Presentation (June 2023)
14 slides from Far Northern Resources's investor presentation, Jun 29, 2023
Slide 1: Investor Presentation
A =< Sa “INVESTOR PRESENTATION = : , i 2025
Slide 2: Disclaimer
DISCLAIMER This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. Far Northern Resources Ltd ACN 621 685 701 FNR and its directors, officers, employees, advisers, agents
Slide 3: Australia: Empire and Rocks Reef
Empire (ML20380) Rocks Reef (EPM 26473) Australia 3
Slide 4: Untapped upside for Intrusive Related Gold discoveries
Untapped upside for Intrusive Related Gold (IRG) discoveries through leveraging off modern exploration and historic data. Potential for early Au / Ag production through the Mungana Mill. Cummulative Au Recovery 92%. Source starts from surface on granted Mining Lease. • Over 7,460m of RC drilling and
Slide 5: Empire: Airborne geophysical data show strong magnetic anomalies
Empire: Airborne geophysical data show strong magnetic anomalies. Soils, rock chip as high as 62.6Au g/t and drilling data confirm a major high grade gold corridor extending some 1km from Empire North to the South at Pinnacles. Empire Stockwork: Has been the focus of exploration by FNR. Opportunity
Slide 6: FNR exploration highlights new major targets along 20km structural trend
• FNR exploration to date has highlighted 4 new major targets along a major 20km NE structural trend emanating from caldera in the southwest. Sampling and mapping has highlighted anomalous gold and silver with breccias, sulphide, alteration and rhyolite porphyry. • 155 hole air track drilling comple
Slide 7: JORC Resource reported in December 2019
Indicated Inferred Total (0.2g/t Au cut-off) (0.2g/t Au cut-off) Depth (m) Tonnes Au g/t Ounces Tonnes Au g/t Ounces Tonnes Au g/t Ounces 0 – 50m 391,907 1.05 13,230 176,448 0.63 3,574 568,355 0.92 16,804 50 – 100 122,114 0.66 2,591 90,448 0.63 1,832 212,562 0.65 4,423 > 100 m 27,631 1.2 1,066 12,32
Slide 8: Bridge Creek, Australia
BRIDGE CREEK Australia • Located 150 km south of Darwin in the NT, 29km for Fountain Head Mill. • Three mining leases 766, 1060, 30807 situated within the Pine Creek Geosyncline. • Historic 20,000 ounces gold produced – Alluvial mining • The prospective Cosmos Howley Anticline/ Pine Creek area has p
Slide 9: Over 320 holes, extensive mapping of quartz veins
Over 320 holes, extensive mapping of quartz veins. Resource modelling and metallurgical test work has been carried out on the Bridge Creek tenements. Near surface mineralization 30-75m deep. Mineralisation remains open at depth and along strike to the north. FNR to expand and validate Bridge Creek’s
Slide 10: Bridge Creek drill intercepts
Hole ID From To Width Assay Au ML BPC 138 38 50 12 6.36 1060 BPC 144 64 74 10 5.33 1060 BPC 155 20 26 6 3.29 1060 BPC 164 59 72 13 2.64 1060 BPC 165 41 55 14 3.22 1060 BPC 172 21 27 6 3.41 1060 BPC 172 30 34 4 3.79 1060 BPC 186 23 28 5 5.81 1060 BPC 188 63 77 14 2.24 1060 BPC 188 80 88 8 2.37 1060 B
Slide 11: Recommendations from the Mineral Resource Estimate
Recommendations from the Inferred Unclassified • A ground survey be Mineral Resource Estimate (0.5 g/t Au cut-off) (0.5 g/t Au cut-off) obtained to build a more Material • a thorough search is Tonnes Au Tonnes Au accurate surface to conducted for any remaining Ounces Ounces validate drillhole collar
Slide 12: IPO Equity Raising
IPO Equity Raising IPO raising $4,000,000 @ 0.20c Use of Funds Shares on issue $,4,000,000 Raise Percentage $4mn Placement Shares on issue $6,000,000 Raise Directors 11,095,695 Directors 11,095,695 Seed 1 9,345,181 Seed 1 9,345,181 Seed 2 7,000,000 Seed 2 7,000,000 16% Bridge Creek Vend 18,589,664 B
Slide 13: Board & Management
BOARD & MANAGEMENT BOARD & Geologist Rod Corps Mr Rod Corps has been involved in the finance industry for 30 years, having worked as a stockbroker for Porter Western Ltd (now Macquarie Group), and Morgan Stanley and JP Morgan in the United Kingdom. Mr Corps has been a director of Eternal Resources L
Slide 14: Contact
Contact 0405 424246 info@farnorthernresources.com farnorthernresources.com 14
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