Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Shareholder Meeting (November 2006)
27 slides from Northern Star Resources's shareholder meeting presentation, Nov 17, 2006
Slide 1: 2006 AGM Presentation
2006 AGM PRESENTATION 1
Slide 2: 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 3: Highlights (cont)
Highlights (cont) e and another emerging epithermal gold/silver prospect at the Hunter Prospect (Dunham Project), with positive results including: ¢ as well as acquisition of additional leasing at Tunganary, another emerging epithermal project. e Encouraging drill results from Emull zinc prospect in
Slide 4: Corporate Structure
Corporate Structure * ASX Code — NST (Listed 12/03 following IPO raising $6M) ° Listed Shares —_— 51 AM (77.1M post rights issue} ¢ Unlisted Options _ 19.4M (13.4M @ 280 17/12/06, 5M @ 20c 17/12/08, 1M various) - Share Price- 12 cents * Cash - $0.8M (30/09/06) * Major Shareholders — «Jubilee (13.2M
Slide 5: East Kimberley Projects
East Kimberley Projects * District Scale * Large Regional Ground Position (3,400km?) ¢ Multi Commodity * Focused Exploration Argyle Diamond Mine (A) Sally Malay (2) 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/t
Slide 6: Gold Projects
Gold Projects Wilson River Group New Epithermal Province PROJECT GROUPS Wilson River “~~ East Kimberley Nickel) * Range Prospect tim Fails Creek Early Drillin Dunham Project * Hunter Prospect Rock chip sampling: Bo 8 5Okm_ Argyle Diamond Mine (A) : a 4 Sally Malay (8) 3.4Me at 1S6%Ni, 0.72% Cu, 0.1%
Slide 7: Gold Projects
Gold Projects Ay 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
Slide 8: Located north west of Halls Creek
located north west o : ;
Slide 9: Wilson River Project
Wilson River Project e Continued focus to identify high grade shoots at Range Prospect e Regional assessment in OniE REA etie ‘ee i wi eons eke shes serene DOOD sesensacanae REBAR CP RRGATER ZR iy es adie ) causieit cuwsmesnn naam We ‘WeiTERTDR VOUS CH me
Slide 10: Wilson River - Range Prospect
Wilson River- Range Prospect 4 : 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 e Gold anomalous veins within a corridor 2 km x 1 km e High level/epithermal vein quartz textures Seg oe 17, T8gft Au ' a (4.3git Ag) Mis y
Slide 11: Further RC drill testing
e Further RC drill testing First Phase 20 holes for 1,214m 2nd Phase 33 holes for 1,789m (Most holes less than 80m) ; ; Ea yew . _ e Further high grade intercepts ee ee ee Naas | gs comune following initial outstanding 5m @ 15.08g/t Au & 34.949/t Ag e Diamond drilling completed to characterise quart
Slide 12: Multiple phases of veining with visible gold in core
BAS sai gt Multiple phases of veining with strong alteration and visible gold in core
Slide 13: Porphyry-Epithermal Deposit Model
Porphyry-Epithermal Deposit Model PING EAST KIMBERLEY REGION WESTERN. AUSTRALIA -PORPHYRY - EPITHERMAL DEPOSIT MODEL “SINTER, 8 UBLIMATES ig, 3 s, 5, W * PALE. : sunFace (BARREN GAP) \ y Speewah. . iy/ \ Ag “Aw . PRECIOUS 9 ‘ EAST METALS vA, : KIMBERLEY : . : EROSION Ag Au ~ 104 LEVEL Ae a iA auina
Slide 14: Queensland Epithermal Deposits
> | Queensland Epithermal Deposits ¢ Bonanza grades in shoots @ Shoots often not outcropping at surface ¢ Critical to understand geometry of system povER erate
Slide 15: Queensland Epithermals - Cracow
a : Queensland Epithermals-Cracow LEGEND Preeiping Sandstone Ey Gatbeo [Ei] Back-Creek Group SOVEREIGN SHOOT Inferred Resource: 20000000 EB ausitz isde Camboon Andesite CROWN SHOOT inferned Resaurce: 400, 0000" ROTAL SHOOT inferred Resource 396,00002 Sedimentary Holdings 2006 Presentation 15
Slide 16: Queensland Epithermal Deposits
4 : Queensland Epithermal Deposits Sedimentary Holdings 2006 Presentation 16
Slide 17: Range - Pajingo (Qld Epithermal)
Range - Pajingo (Qid Epithermal)} At Same Scale ie rt. ae fen 2 < Mt dana : - wpe Paling: < Qld 2 ome . Plan ee @ ‘ spn er | . : abouts at & Modified after lan Butier, Tim Murphy and Jennifer Parks, 2000 re ee ma : ~y ae anal 60 rn es we nye os l 50 4009 HE 1b et 0 mee
Slide 18: Gold Projects - Dunham Project
Gold Projects Wilson River Group New Epithermal Province PROJECT GROUPS | Wilson River D u n ham Pro iect East Kimberley Nickel Halls Cree! ® Hunter Prospect Rock chip sampling j * ~80km NE of Range GP GA gwatte creak Ee ee, Ot : fee * Same host rocks as at . eee a Wilson River Project ee noe 0 _50k
Slide 19: Hunter Prospect
HUNTER PROSPECT = = = = * Epithermal Style Quartz Veins . f \ : L - Up to 400m long : UT - 50.65g/t Au -10.4g/t Ag & oA from rock chip sampling _ ¢ Very Encouraging — early days | 200% Ag * Multiple geological ?? events a ¢ Drilling after further sampling y ys
Slide 20: East Kimberley Tenement Locations
: SR gia tea atin Lk “EAST KIMBERLEY TENEMENT LOCATIONS ame vil) ‘Ti ina Mere WORTARIW STAR RESOULCEST.D Dunham Project B e0/3a17 LOCATION 20
Slide 21: Red Billabong Project
Red Billabong Project : z : : eA Zinc /Nickel / PGE Project Rae ne ) Base Metal and PGE and perme Mineralisation Identified ~ ao 0 50km. Argyle Diamond Mine (A) ; me YE Sally Malay (©) 3.4Mt at 1.56%Ni, 0.72% Cu, 0.1% Co : es Panton Sill (PA) 4.5Moz ~75Mt at 0.8g/t Pt, 0.9g/t Pd, 0.2% Ni a Palm Spri
Slide 22: Red Billabong Project
Red Billabong Project » LEGEND ‘epee Youngecrecks: * Extensive cover - largely unexplored - poorly tested intrusives * Base Metal mineralisation identified by drilling eg 6m @ 4.1% zinc; 6 m @ 4.4% zinc; 7.9 metres @ 7.4% zinc. * PGE mineralisation * Six prospective areas in north to be followed up
Slide 23: Southern Area
Southern Area Ti geereety avira ll * Base metal ; ae te Mineralisation Ce I Bone Emull Zinc (RC Holes). — : i) i 21m @ 1.88% 2n from 44m (incl 6m.@ 4.43% Zn) hi 15m @ 2.46% Zn from 27m {incl 6m @ 4.12% Zn) ( 16m @ 1.09% Zn from 3m (incl 4m @ 3.89% Zn) Emull West (Aircore drilling) 15m @ 0.28% Zn, 0.
Slide 24: Emull Prospect
* Up to 500m Long * Broadly Drilled * Shallow Oxidation ¢ High Grade Potential Gi SHIA olferopgedtoy: Gabbery Hetama phle rocks Interpreter: Esl mineralisation NE RG aviti hede (20/2000) Historie ~ Digewad drill hole aXe | Red Billabong Project Emuil Prospect 24
Slide 25: Red Billabong Project - Northern Area
Red Billabong Project- Northern Area 4), K * 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 Zn / Base Metals 2 [email protected]%Zan, 0.12% Pb 3) 3m @ 0.08%Cu, 0.25% Pb
Slide 26: The NST Advantage
The NST Advantage e Experienced board with proven record of success e High grade gold targets, new epithermal province e Extensive ground holdings covering under-explored mafic- ultramafic host rocks - PGE mineralisation - Ni Mineralisation e Zinc Mineralisation - Emull e Supported by Jubilee Mines
Slide 27: Uae
Uae eS STIG Be ae os ois _ - — LL AOS - ~ oe y ay ee
Northern Star Resources — Shareholder Meeting (November 2006) on 6ix