Northern Shield Resources Inc. · TSXV:NRN
Northern Shield Resources — Investor Presentation (September 2022)
33 slides from Northern Shield Resources's investor presentation, September 2022
Slide 1: Corporate Presentation September 2022
Corporate Presentation September 2022 1
Slide 2: Forward Looking Statement
Forward Looking Statement This document contains statements concerning the potential gold, silver, copper and other mineralization at Root & Cellar and Zuleika, geological, geophysical, geochemical and geometrical analyses Root & Cellar and Zuleika and comparisons of the properties to known epitherm
Slide 3: Northern Shield Introduction
Northern Shield Introduction Our Space Expansive terranes, New ideas, Large targets Unique Opportunity Value Driven Approach Generator of high quality early-stage exploration targets through a model driven approach Root & Cellar is being explored for epithermal gold with significant indication of po
Slide 4: Root & Cellar and Zuleika Properties
Root & Cellar ROOT & CELLAR PROPERTY - 100% Option Recent discoveries in NEWFOUNDLAND • Root & Cellar hosts several recently show that the island discovered, high grade can host world class epithermal gold gold deposits occurrences and • Copper mineralization After further with grades up to 10.4% in
Slide 5: Root & Cellar - Gold
Root & Cellar - Gold Gold anomalous soil sample • The Property host prolific gold and copper mineralization over a BRAXTON-BRADLEY large area 2.5 g/t Au 128 g/t Ag, • The core of the property is 1.4% Cu underlain by a volcanic centre that, at the time, would have WINDFALL been very active and volati
Slide 6: Geological Model
Geological Model- Drop Zone Ag-Au-Te (Pb-Zn-Cu) Property Scale • Exploration model is based on a “telescoped” epithermal and copper porphyry system Windfall Ag-Au-Te +/-(Pb-Zn- Cu) Conquest Au-(Ag) Au-Ag Au-Ag Au Creston Cu-(Au) Cu TSX-V: NRN 6 www.northern-shield.com
Slide 7: Conquest: High Sulphidation Model
Conquest: High Sulphidation Model. • The geometry of the of the interpreted mineralization at the Conquest Zone may not be dissimilar to Quimsacocha whereby lower-grade, ribbon-like lithocap mineralization extends beyond the higher grade and cross- cutting feeder zones TSX-V: NRN 7 www.northern-shie
Slide 8: Conquest Zone - Gold
Conquest Zone- Gold Gold anomalous soil sample • The Conquest Zone lies at the centre of the volcanic sequence at Root & Cellar Breccia and vein-type type mineralization expected in north south • Based on a thorough study of the integrated portions of targets geoscience datasets and ongoing mapping
Slide 9: Conquest Fault Zone
Conquest Fault Zone W Surface E • East-West trending fault that cuts entire property • Most prominent in the Conquest area where mineralization fluids from the underlying epithermal system have exploited the fault and reduced the magnetism of the rocks resulting in a 200 meter wide magnetic low corr
Slide 10: Conquest Zone - Central and Western Targets
Conquest Zone- Central and Western Targets • Most of the gold seen at surface to date in the Conquest zone is exposed along East-West structures that have allowed gold bearing fluids to come to the surface. • Modeling suggests however that most of the gold is trapped below a cap rock and in north-so
Slide 11: Conquest: Western Target
Conquest: Western Target Late Bimodal Volcanic Sequence IP Anomaly S N 0m Dominantly Basalt Some mineralized veins penetrate up into rhyolites Locally pooling of mineralization at sub-horizontal contacts and unconformity Main vein and breccia pipe Earlier Andesite and Basalt expected below unconform
Slide 12: Conquest: Eastern Target
Conquest: Eastern Target East Conquest Targets • The Eastern Target is a distinct and strong magnetic low within the confines of the Conquest Fault Zone • It has the largest footprint of the epithermal gold targets of the Conquest Zone • The last line of the IP survey lines shows a strong IP anomaly
Slide 13: Conquest: Eastern Target
Conquest: Eastern Target The target is in a low-lying area, mostly covered by bog with no noted outcrop 2 Numerous gold mineralized boulders, up to 111.5 g/t Au, (yellow stars) have been found down-ice from the target with assays pending for others (Sites 1 and 3 on map) What is believed to be sub-c
Slide 14: Conquest: 111.5 g/t Gold
Conquest: 111.5 g/t GOLD TSX-V: NRN 14 www.northern-shield.com
Slide 15: Conquest: Visible Gold
Conquest: Visible Gold TSX-V: NRN 15 www.northern-shield.com
Slide 16: Conquest: Northern Target
Conquest: Northern Target 5500E 5100E 5200E 5300E 5400E Late Bimodal W Volcanic Sequence E • East-west magnetic section through northern Conquest • Mineralization interpreted Unconformity from IP Chargeability anomalies. Lithocap Mineralization • Unconformity may be based of infilled volcanic crater
Slide 17: Rocks of the Northern Target
Rocks of the Northern Target Altered Pyroclastics Near complete silica replacement Vuggy quartz assaying 1.3 g/t of original rock along with strong Au. Both photos are typical of potassium alteration, 2.1 g/t Au. lithocap-style mineralization in Mudstone high sulphidation systems. Interlayered pyroc
Slide 18: Conquest Summary
Conquest Summary • The Conquest Zone has all the geological hallmarks of the upper levels of a vast epithermal gold system, perhaps transition from high sulphidation affinity in the east to low sulphidation in the west • Over 500 samples anomalous in gold covering an area measuring 1,600 x 1,600 met
Slide 19: Copper porphyry potential quote
“Although much of the exploration at Root & Cellar has focused on the gold, the copper porphyry potential is very real.” TSX-V: NRN 19 www.northern-shield.com
Slide 20: Root & Cellar Copper
Root & Cellar Copper Gold anomalous soil sample Copper anomalous soil sample Gold anomalous rock sample • 72 samples collected from Root & Cellar assay > Copper anomalous soil sample 0.1% Cu with 13 > 1% and, a high of 10.5% Cu • The best copper mineralization has been found at Creston, 2 km southwe
Slide 21: Root & Cellar Copper
Root & Cellar Copper • Much of the copper mineralization has been found in a series of quarries 2 km southwest of Conquest. • These quarries have exposed a large volcanic vent complex composed of vent breccias, phreatomagmatic breccias, rhyolite dykes and thin flows. Phreatomagmatic/vent breccia com
Slide 22: Root & Cellar Copper
Root & Cellar Copper • These types of breccias likely signify the presence of an underlying subvolcanic intrusion. Its is at the top of such an intrusion where copper porphyry mineralized could be expected Interpreted outline of breccia complex Outcrops of vent breccias TSX-V: NRN 22 www.northern-sh
Slide 23: Root & Cellar Copper
Root & Cellar Copper TSX-V: NRN 23 www.northern-shield.com
Slide 24: High-grade Copper
High-grade Copper Bornite and chalcopyrite in silica- Chalcopyrite in silicified and potassic orthoclase vein containing epidote altered Bornite and chalcopyrite in vent breccia altered vent breccia fragments TSX-V: NRN 24 www.northern-shield.com
Slide 25: Other Showings
Other Showings Rock sample from Drop Zone outcrop containing Braxton-Bradley hessite (silver telluride) Drop Zone Red Rock Drop Zone Braxton-Bradley Red Rock • High grade gold & • Gold with high • Gold silver silver • +/- Pb, Zn and Cu • Sporadic Cu • Elevated tellurium TSX-V: NRN 25 www.northern-sh
Slide 26: Zuleika
Zuleika ZULEIKA PROPERTY – 100% Option Low front end expenditures Year 1 $150,000 Year 2 $300,000 Year 3 $450,000 Year 4 $1,250,000 Regional, crustal-scale fault zones throughout central Newfoundland are proving to be significant gold- mineralized structures: Zuleika is located adjacent to the Dover
Slide 27: Zuleika
Zuleika 6 metre wide sheared Gold anomalous till sample First targeted for quartz vein with pyrite, Nickel anomalous till sample epithermal type gold by chalcopyrite, galena prospectors and other metallic minerals However, numerous boulders and a sheared quartz vein outcrop has Rhodochrosite- been d
Slide 28: Zuleika
Zuleika Rhodochrosite and possible acanthite (silver sulphide) in a strongly silicified rock Acanthite? Such a mineral assemblage is more indicative of epithermal gold systems Sheared quartz vein hosting chalcopyrite, pyrite and galena. Rhodochrosite TSX-V: NRN 28 www.northern-shield.com
Slide 29: Planned Exploration H2
Planned Exploration H2 • Continued prospecting of shallow IP anomalies to confirm potential of near surface resource and to confirm the association • Mechanical trenching of any surface showing found through prospecting • Several IP test lines to be surveyed in an east-west direction over main Conqu
Slide 30: Executive Summary
Executive Summary Our Space Modeling of integrated geoscience While today, investors’ excitement is datasets along with on-going focused on orogenic gold in central surface sampling has outlined a Newfoundland, we believe tomorrow it very large epithermal gold-silver will also be drawn to epithermal
Slide 31: Go Out on A Limb
Go Out on A Limb that’s where all the fruit is. Mark Twain One of the foundations of success, is a willingness to go out on a limb. That’s because all meaningful progress is preceded by the decision to take a calculated risk; to go out and do something we’ve never done before… …or explore where no o
Slide 32: Corporate
Corporate CAPITAL STRUCTURE – Post Consolidation (Est) Common Shares O/S 58.1M Directors Fully Diluted 61.3M Russ Richards Private wealth manager in Stock Price C$0.10 (Chairman) Atlanta, Georgia Don Bubar CEO of Avalon Advanced Market Capitalization C$6M Materials Inc. Treasury C$100,000 Ian Bliss
Slide 33: Northern Shield represents A Unique Opportunity
“ Northern Shield represents A Unique Opportunity to be involved early in the advancement of a new discovery in a developing and under-explored gold and copper district.” TSX-V: NRN 33 www.northern-shield.com
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