Nordic Resources Limited. · ASX:NNL
Nordic Resources — Nordic Nickel — Investor Presentation (July 2024)
16 slides from Nordic Resources's investor presentation, July 2024
Slide 1: Exploring the World's Newest Major Nickel District
ASX NNL Exploring the World’s Newest Major Nickel District Delivering resource growth and sustainably sourced battery metal discoveries at the district-scale Pulju Project, Finland 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: Emerging sustainable battery metals supplier in Europe
Emerging sustainable battery metals supplier in Europe • District-scale nickel-copper exploration and development assets in the world’s newest major Nickel Sulphide Belt • Pulju Project – potential for high-grade massive sulphides within known extensive shallow disseminated nickel • JORC (2012) Mine
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 515km2 of grow to 2.5Mt by critical minerals is battery minerals (CLGB) known for a district-scale 2040 (14.
Slide 5: Energy Transition in Europe
Energy Transition in Europe STRATEGY EU CRITICAL MINERALS ACT – 2030 BENCHMARKS • Europe transitioning to a zero-carbon economy by 2050 Of Europe’s annual consumption: • Securing, sustainably sourced, traceable supply is now a critical priority in Europe • EU Critical Minerals Act is Europe's equiva
Slide 6: Finland is a Premier Mining Jurisdiction
Finland is a Premier Mining Jurisdiction Finland has all the ingredients across the battery value chain • Established National Battery Strategy • Stable and supportive government • Well established mining industry • AA+ credit rating • Prospective geology in all battery metals • World class infrastr
Slide 7: Nordic Region: Hub for Nickel and Batteries
Nordic Region: Hub for Nickel and Batteries Nikkelverk Refinery Finland – Nickel Mines Kristiansand 92kt pa Reserves & Europe is the Company Mine Grade Resource fastest growing Ni 0.22% Terrafame Talvivaara 1Btn Cu 0.13% 70 >75 region for Ni 0.22%, Cu Boliden Kevitsa 243Mtn GWh/a GWh/a 0.34% battery
Slide 8: Central Lapland Greenstone Belt Projects
Central Lapland Greenstone Belt Projects Pulju Nickel Project (100%) • District scale, nickel-rich system • Extensive disseminated nickel sulphides + high-grade massive sulphides • Similar to Sakatti Deposit • 2023 maiden 16km drill campaign • Two granted exploration licences Maaninkijoki 3 (MJ3) Ni
Slide 9: Pulju Project: Globally Significant
Pulju Project: Globally Significant Hotinvaara 862kt Ni, 40kt Co, 22kt Cu 1 ASX Outstanding Regional Nickel Potential Confirmed at Pulju, 10 August 2022 NORDICNICKEL.COM | 9
Slide 10: Pulju Project: Mining Camp Potential
Pulju Project: Mining Camp Potential • Nickel coincident with ultramafic lithologies and magnetic highs • Magnetic anomalies correlate to the ultramafic rocks • 35km of semi-continuous prospective strike • Shallow historical regional drilling confirmed widespread near-surface, disseminated nickel su
Slide 11: Pulju Project: Multiple Large Targets within District
Pulju Project: Multiple Large Targets within District • District-scale potential with extensive near- surface disseminated nickel and massive nickel-copper sulphide mineralisation1 • High-resolution drone magnetic geophysical survey completed over 269km2 • Multiple magnetic anomalies similar or larg
Slide 12: Exceptional Mineral Resource Growth at Hotinvaara
Exceptional Mineral Resource Growth at Hotinvaara 2023 Drilling Increased Contained Nickel >3x Deposit remains open along strike 0.86 16km NNL drilling 10km Outokumpu drilling + NNL re-assays 0.28 0.01 Hotinvaara Exploration Licence with comparison of the 2022 and 2024 mineral resource block models
Slide 13: Hotinvaara Prospect: Mineral Resource Estimate
Hotinvaara Prospect: Mineral Resource Estimate • Maiden Mineral Resource Estimate (MRE) of 418Mt @ 0.21% Ni, 0.01% Co and 53ppm Cu for 862,800t of contained Ni, 40,000t of contained Co and 22,100t of contained Cu 1,2 • Substantial portion of MRE is located within 250m of surface, including 90,338t o
Slide 14: Capital Structure
Capital Structure Company Overview Share Price ASX NNL $0.088c 129.06 m Share price1 Shares on issue $11.4m $0.25c Market capitalisation (A$) IPO price $1.9m Nil Cash (31 March 2024) Debt Retail Directors & Board & Management 21.97m $9.5m Associates Total Options on Issue Enterprise Value (A$) 14% M
Slide 15: Key Investment Takeaways
Key Investment Takeaways Unlocking the potential of one of world’s newest major nickel sulphide districts when Europe needs it most. 418Mt Mineral Tier-1 jurisdiction with Dual exploration targets Resource Estimate for gigantic endowment of nickel i. High-grade massive sulphides 862,800t Ni, 40,000t
Slide 16: Investor Enquiries
Level 12, 197 St Georges Terrace Investor Enquiries Perth, Western Australia 6000 Todd Ross [email protected] Managing Director NORDICNICKEL.COM T: +61 416 718 110 E: [email protected] NORDICNICKEL.COM ACN 647 455 105