Northern Star Resources Ltd · ASX:NST
Northern Star Resources — RIU Explorers Conference 2007
31 slides from Northern Star Resources's conference presentation, Feb 21, 2007
Slide 1: Presentation to RIU Explorers Conference 2007
96 Parry Street ENORTHERN STAR Zou" PERTH BUSINESS CENTRE WA 6849 . R E S O U R C E S LTD Ph: (08) 9328 9202 Fax: (08) 9227 6011 ABN 48 092 832.892 Email: [email protected], Web: www.nsritd. com ANNOUNCEMENT PRESENTATION A copy of a presentation to RIU Explorers Conference 2007 is attached and can be a
Slide 2: 2007 RIU Presentation
2007 RIU PRESENTATION 1
Slide 3: Disclaimer
This presentation is provided by Northern Star Resources Ltd (“NST”) subject to the following terms and conditions: (a) this presentation does not purport to contain all the information that may be required to evaluate an investment in NST and, in particular, may not contain ail such information as
Slide 4: Highlights
Highlights 4 e Focused on under-explored East Kimberley Region of WA. e Multi-commodity exploration portfolio including gold/zinc/ copper/uranium/nickel/PGE projects covering 3,400km2. e Advancing newly discovered epithermal gold/silver prospects, e with high grade drill intercepts from the Range Pr
Slide 5: Highlights (cont)
Hig hlights (cont) e With another prospect at Hunter Prospect (Dunham Project), with positive results including: e as well as Tunganary, newly acquired epithermal project. e Encouraging drill results from Emull zinc prospect including: e Accelerating uranium exploration with U308 Agreement
Slide 6: Corporate Structure
Corporate Structure « ASX Code — NST (Listed 12/03 following IPO raising $6M) * Listed Shares — 77.5M ° Options _— 1 9 A M (5M @ 20c 17/12/08 - unlisted 13M @ 20c 30/09/08 listed, 1M various - unlisted) « Share Price- 13 cents ¢« Cash - $3.2M (31/12/06) * Major Shareholders — «Jubilee (19.8M shares
Slide 7: Proven Management Team
Proven Management Team >| Successful record in discovering and developing mineral resources. e Christopher Rowe (Non Exec Chairman) Barrister and solicitor - previous chairman or director of a number of public listed mining and oil and gas related companies in both Australia and North America e Char
Slide 8: East Kimberley Projects
East Kimberley Projects * District Scale * Large Regional Ground Position (3,400km2) ¢ Multi Commodity * Focused Exploration Argyle Diamond Mine (A) Sally Malay (:'") 3.4Mt at 1.56%Ni, 0.72% Cu, 0.1% Co Panton Sill (PA) 4.5Moz ~75Mt at 0.8g/t Pt, 0.9g/t Pd, 0.2% Ni Palm Springs (PS) 2.6 Mt at 2.14 g
Slide 9: Gold Projects
Gold Projects Wilson River Grou New Epithermal Province * Range Prospect Early Drilling: Dunham Project * Hunter Prospect Rock chip sampling: Argyle Diamond Mine (A) Sally Malay () 3.4Mt at 1.56%Ni, 0.72% Cu, 0.1% Co Panton Sill (PA) 4. 5Moz ~75Mt at 0.8g/t Pt, 0.9g/t Pd, 0.2% Ni Palm Springs (PS) 2
Slide 10: Gold Projects
Gold Projects e Confirmation of new epithermal province e High grade gold and silver values in drilling and rock chips e Drill targets identified e District first mover and significant regional ground position mower amc HE serves ee Renee
Slide 11: Wilson River Project
Wilson River Project Veins located north west 0 Prospect
Slide 12: Wilson River Project
Wilson River Project e Continued focus to identify high grade shoots at Range Prospect e Regional assessment sidennde tee eet aban aN GRENIER SINE tea, OU sean. eiinredicaatamaderney ‘ab VCR CATH. He |
Slide 13: Wilson River - Range Prospect
Wilson River- Range Prospect a e No gold mineralisation previously documented in the area e Up to 40.84 g/t Au & 13.3 g/t Ag from rock chips of quartz veining ® Gold anomalous veins within a corridor 2 km x | km e High level/epithermal vein quartz textures a ty ge VT T98/t Au = (A3g/t Ag) She a a Pa
Slide 14: RC drill testing
e RC drill testing lst Phase 20 holes for 1,214m 2nd Phase 33 holes for 1,789m (Most holes less than 80m) e Further high grade intercepts following initial outstanding 5m @ 15.089/t Au & 34.949/t Ag e Additional drilling scheduled to define high grade shoots
Slide 15: Early diamond drilling
e Early diamond drilling completed to characterise quartz/mineralisation e Multiple phases of veining with strong alteration and visible gold in core 14
Slide 16: East Kimberley Region: Porphyry-Epithermal Deposit Model
EAST KIMBERLEY REGION WESTERN AUSTRALIA PORPHYRY - EPITHERMAL DEPOSIT MODEL SINTER SUBLIMATES. ? | eae snare . au / Speewah : PRECIOUS F, Ba - EAST METALS \2 i : KIMBERLEY : } ; Range EROSION AO AGH AU 10ND er o LEVEL ‘ g AulAg ‘ BOILING ‘ Alterath (EVEL { ; giaes © 25/4 En vel ope. : : BASE ~ yp oe
Slide 17: Bonanza grades in shoots
¢ Bonanza grades in shoots ¢ Shoots often not outcropping at surface ¢ Critical to understand geometry of system Frits, Gn seers Slee Sedimentary Holdings2005 Annual Report - Review of Activities 16
Slide 18: abrieala:
abrieala: Sedimentary Holdings 2006 Presentation 17
Slide 19: Wilson River Project
Wilson River Project e Regional assessment e New areas north of Range Prospect
Slide 20: Gold Projects: Hunter Prospect
Gold Projects Wilson River Grou New Epithermal Province *® Hunter Prospect Rock ch * ~80km NE of Range « Same host rocks as at Wilson River Project Argyle Diamond Mine (A) Sally Malay (©) 3.4Mt at 1.56%Ni, 0.72% Cu, 0.1% Co Panton Sill (PA) 4.5Moz ~75Mt at 0.8g/t Pt, 0.9g/t Pd, 0.2% Ni Paim Springs
Slide 21: Epithermal Style Quartz Veins
* Epithermal Style Quartz Veins) eeany - Up to 400m long ee * 50.65¢/t Au -10.4g/t Ag from rock chip sampling * Very Encouraging — early days * Multiple geological ?? events ¢ Drilling after further sampling
Slide 22: Wilson River - Uranium
Wilson River - Uranium ¢ Wilson River Group Tenements ¢ Prospect areas returning up to 1.2% UO, in previous sampling # U,O, Agreement ¢ $200k annual expenditure @ Northern Star free carried to BFS retaining 25% apennatennn: SPAN LESHUREDS Lats: “BAST KIMBERLEY TENEMENT LOCATIONS agen oh 21
Slide 23: Red Billabong Project
Red Billabong Project : 1A . . . : PROJECT GROUPS } Zinc /Nickel / PGE Project = Poe Reiley Nika ? LE alls Greet : Base Metal and PGE and : 5 aia Mineralisation Identified of. » pA of ; ee fz Q 50km Argyle Diamond Mine (A) . Sally Malay (’') 3.4MEt at 1.56%Ni, 0.72% Cu, 0.1% Co : Panton Sill (PA) 4.
Slide 24: Red Billabong Project
Red Billabong Project * Extensive cover - largely unexplored - poorly tested intrusives Granitie latiusives ‘Babbroids. ” ‘Ultrarsatiog: ¢ Base Metal mineralisation identified by drilling e.g. Emull: 6m @ 4.1% zine; 6m @ 4.4% zine; 7.9m @ 7.4% zinc. ¢ PGE mineralisation * Six prospective areas in no
Slide 25: Red Billabong Project - Southern Area
Red Billabong Project- Southern Area » | Lamboo Area ¢ Emull Zn | Metamorphics Mineralisation - * Up to 500m Long * Broadly Drilled * Shallow Oxidation (<25m) ¢ High Grade Potential Emull West (Aircore drilling) . 15m @ 0.28% Zn, 0.25% Cu, -> 0.33% Pb from surface oo. 2 ce J Ultramatic s} Greate * P
Slide 26: Red Billabong - Emull Zinc
Red Billabong - Emull Zinc Eq Cotiour Me hase cement Epo Zn sncactene FOO RR ME BA Tee Ep | TERS epee She Ter ith tebe gee, Diamond weil bole and keene femme FC GEL) bode. and tea oe, Seen ELAR GFE DGEe nS Toe.
Slide 27: Red Billabong - Emull Zinc
Red Billabong - Emull Zinc srteinne sebne 46m @ 1.08 seubont 37m @ 0.98 inci 4m_ @3.89 6m © 1.64 13m @ 1.46 incl 18m @ 1.53 17m @ 3.18 - = 400m RL err @ 0.64 incl ‘6m @ 4.12 @ Sn-@ 0.39 20m @ 0.29 soo AL, incl 4m_@ 4:61 On. boos 37m @ 4:24 ; 36m @.1.97 inel 2 @ 17.8 j incl 8m-@ 7.38 200%. AL Drill i
Slide 28: Moola Bulla
* Moola Bulla Complex 15 x 3 km poorly outcropping intrusive ¢ Six new areas Nickel 1 20m @ 0.17% Ni 4 40m @ 0.10% Ni 5 30m @ 0.16% Ni 6 12m @ 0.06% Ni Zn / Base Metals 2 12m @0.1%7Zn, 0.12% Pb 3 3m@ 0.08%Cu, 0.25% Pb _kilometres — 27
Slide 29: Exploration Focus
Exploration Focus | 2007 — 2,400m Apr- May 1000m —Range $880,000 2007 - 1,000m $310,00 | 2007 — 2,600m | Apr- May -1000m /1330m $575,000 $170,000 * As per rights issue prospectus 28
Slide 30: The NST Advantage
The NST Advantage e Experienced board with proven record of success e High grade gold targets, new epithermal province e Under-explored mafic - ultramafic host rocks - PGE mineralisation - Ni Mineralisation e Zinc Mineralisation — Emull e Accelerated exploration for Uranium Mineralisation e Supporte
Slide 31: Slide 31
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