Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Shareholder Meeting (November 2007)
18 slides from Northern Star Resources's shareholder meeting presentation, Nov 16, 2007
Slide 1: ASX announcement: presentation to shareholders
96 Parry Street PERTH WA 6000 PO Box 8178 PERTH BUSINESS CENTRE WA 6849 Ph: (08) 9328 9292 Fax: (08) 9227 6011 Email: [email protected], Web: www.nsrltd.com For personal use only ANNOUNCEMENT PRESENTATION A copy of a presentation to shareholders at the 2007 Annual General Meeting is attached and can b
Slide 2: Annual General Meeting 16 November 2007
For personal use only Annual General Meeting 16 November 2007
Slide 3: Highlights
Highlights For personal use only • Emerging epithermal Gold Province (Wilson River) • Advanced high-grade Zinc/Copper Project (Emull) ¾ early production opportunity ¾ drilling recently completed • New management approach and focus – Explorer to Producer • Uranium JV with specialist explorer U3O8 (AS
Slide 4: Executive Summary
Executive Summary • ASX Code – NST (Listed Dec 03 $6M IPO) For personal use only • Listed Shares – 77.5M Options (listed+unlisted) – 19.4M • Share Price – 14.0¢* Market Cap – $10.8M * Based on 30-day VWAP • Cash – $1.7 M End of Sep Qtr • Major Shareholders Jubilee 26% Directors/Promoters 17%
Slide 5: Board & Management
Board & Management For personal use only MANAGEMENT Bill Beament (Managing Director) Mining Engineer with 15 years experience. Former Barminco Operations Manager for 12 mines across WA and General Manager of Eloise Copper Mine in North Qld BOARD Christopher Rowe (Non Exec Chairman) Barrister and sol
Slide 6: Strategy and Projects
For personal use only Strategy and Projects
Slide 7: Company Strategy
Company Strategy For personal use only • Concentrate on under-explored East Kimberley region (WA) • Major focus on gold, zinc, copper, nickel • Advancing three high priority prospects ¾ Range Au/Ag ¾ Hunter Au/Ag ¾ Emull Zn/Cu • Aiming to fast-track transition to production • Rationalise portfolio b
Slide 8: Projects – East Kimberley Region
Projects – East Kimberley Region For personal use only • Large strategic 100%-owned 3,400km2 tenement package • Multi-commodity • 3 Main Project Groups: ¾ Wilson River (Au, Ag + U), Range/Hunter ¾ East Kimberley base metals, Emull ¾ Halls Creek Gold, Golden Crown • Proven mineral province with sever
Slide 9: Wilson River – Range Project
Wilson River – Range Project For personal use only • Emerging epithermal gold-silver province • New discovery by Northern Star • Excellent high-grade drilling results: ¾ 5m @ 15.1g/t Au (34.9g/t Ag) ¾ 4m @ 15.1g/t Au (7.30g/t Ag) • Prospect remarkably similar to: ¾ Pajingo • +2.5Moz produced to date
Slide 10: Wilson River – Hunter Prospect
Wilson River – Hunter Prospect For personal use only • Another New Epithermal Area • Excellent results from initial reconnaissance rock chip sampling: ¾ 50.1g/t Au (10.4g/t Ag) ¾ 31.7g/t Au (14.9g/t Ag) ¾ 23.5g/t Au (12.7g/t Ag) • Mineralised veins extend over an area of 1.5 x 1.1km • Veins up to 50
Slide 11: Emull Zinc-Copper Project
Emull Zinc-Copper Project For personal use only • High-grade zinc-copper prospect drilled previously in the 1970s • Strategic location in East Kimberley mineral province (Lennard Shelf) • Three high-grade shoots identified within broad 500m mineralised zone • Mineralisation remains open along strike
Slide 12: Emull Long Section
For personal use only Emull Long Section
Slide 13: Emull Zn/Cu Project
Emull Zn/Cu Project For personal use only • Excellent recent drilling results: – 15m @ 4.3%Zn inc 4m @11.3%Zn (1.05%Cu) – 18m @ 4.1%Zn inc 6m @ 8.2%Zn (0.82%Cu) – 9m @ 5.8%Zn inc 3m @ 9.6%Zn (0.74%Cu) • Deep shoot drilling recently completed • Initial Scoping Study to commence – Diamond Drilling – M
Slide 14: Halls Creek Gold Projects
Halls Creek Gold Projects For personal use only • Historic Goldfields Area • Known Deposits ¾ Golden Crown and Faugh-a-Ballagh • Known Mines near by ¾ Palm Springs 70,000 oz ¾ Nicholsons 35,000 oz • Initial resource estimate nearing completion for Golden Crown • Established Infrastructure ¾ NST expl
Slide 15: Uranium Potential
Uranium Potential For personal use only • Wilson River Tenement Group • Known Uranium anomalies exist in area • Spectacular radiometric results have identified new Uranium Anomalies • Significant assays have been recorded up to 1.23% U3O8 • U3O8 (UTO) Joint Venture Agreement ¾ Minimum spend $200k pa
Slide 16: Other Exploration Prospects
Other Exploration Prospects For personal use only • Numerous other attractive exploration prospects have been highlighted ¾ Teddy and Black Bear Gold/Silver ¾ McGowan Copper/Gold ¾ Red Billabong Nickel Sulphides ¾ Lamboo Platinum ¾ Tunganary • Strategic review underway to prioritise key prospects •
Slide 17: Exploration Strategy 07/08
Exploration Strategy 07/08 For personal use only Commodity Project Task Budget $ Test Strike/Depth of Mineralisation and $250k BASE METALS Emull Zn/Cu Conduct Initial Scoping Study EPITHERMAL Range Au/Ag Drill target ‘Hot Spots’ $350k GOLD/SILVER Hunter Au/Ag Drill target ‘Hot Spots’ $150k GOLD Gold
Slide 18: Disclaimer
DISCLAIMER This presentation includes certain statements, estimates and projections with respect to the future performance of Northern Star For personal use only Resources. Such statements, estimates and projections reflect various assumptions concerning anticipated results, which assumptions may pr
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