Northern Shield Summer Results & Ongoing Field Work

Investor webinar replay

Meeting Overview The meeting focused on the recent findings from the drone program and drilling activities conducted by Northern Shield, specifically discussing the results related to epithermal gold and copper porphyry systems. President and CEO Ian Bliss shared insights on significant drill intersections, the potential for copper mineralization, and future exploration strategies. Key Discussion Points - Overview of the drone program results from July 2025. - Significant drill intersections, particularly hole number 34, indicating gold mineralization. - The role of Tellurium as a pathfinder element in identifying mineralization. - Discussion on the copper porphyry system and its relationship with epithermal gold systems. - Observations of high-grade copper mineralization in diatreme breccias. - The potential for polymetallic mineralization and the importance of ongoing exploration. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Follow-up...

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[Speaker identities could not be resolved; generic labels used] [00:03] Speaker 1: Hello everyone and thank you for joining us today for another live Northern Shield event with President and CEO Ian Bliss. As a reminder, this event is being recorded and will be available for viewing shortly after we conclude. And if you have any questions, please submit them in the chat, which can be found in the bottom right corner of your screen. Ian, why don't you walk us through your thoughts on the latest news release, and then we can get into some of the questions. [00:24] Speaker 2: Yeah, thank you very much, Kyle, for the introduction. And I had a few slides ready to show you, but we're having a little bit of technical difficulties with the internet connection at the Hotel Lomat in Vancouver. [00:34] Speaker 2: So I'm just trying to walk you through the presentation [00:38] Speaker 2: from memory. So the results we published were from the drone program, completed in July of 2025, [00:44] Speaker 2: this summer. [00:45] Speaker 2: It was quite the home run. We were hoping for drilling a number of deep targets, many of the deeper targets, particularly on the fringe of the conquest zone. We hit intense alteration, representative of epithermal systems, but not a lot of minimization. There were a few holes underneath the conquest zones that did hit [01:02] Speaker 2: epithermal Gold minimization [01:04] Speaker 2: down at depths of even 300m. [01:06] Speaker 2: That was new [01:09] Speaker 2: findings for [01:10] Speaker 2: the drill program. [01:12] Speaker 2: The 2 significant intersections were hole number 33, which had about 24, 25m [01:17] Speaker 2: of 0.6g [01:19] Speaker 2: per tonne Gold. This was the same sort of target that hole 16 intersected [01:24] Speaker 2: in 2023...