Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Investor Presentation (October 2007)
16 slides from Northern Star Resources's investor presentation, Oct 15, 2007
Slide 1: Bill Beament, Managing Director, October 2007
For personal use only Bill Beament Managing Director October 2007
Slide 2: Company Strategy
Company Strategy • Focused on under-explored East For personal use only Kimberley region (WA) • Strategic tenement position prospective for a diverse range of commodities • Major focus on gold, zinc, copper, nickel • Aiming to delineate commercial deposits • Advancing high priority projects • Aiming
Slide 3: Highlights
Highlights • Advanced high-grade Zinc/Copper Project (Emull) For personal use only ¾ early production opportunity ¾ drilling recently completed • Emerging epithermal Gold Province (Wilson River) • New management approach and focus – Explorer to Producer • Uranium JV with specialised explorer U3O8 (A
Slide 4: Executive Summary
Executive Summary • ASX Code – NST (Listed Dec 03 $6M IPO) For personal use only • Listed Shares – 77.5M Unlisted Options – 19.4M • Share Price – 13.0¢ Market Cap – $10M • Cash – $1.8 M End of Sep Qtr • Major Shareholders Jubilee 26% Directors/Promoters 17%
Slide 5: Board & Management
Board & Management MANAGEMENT Bill Beament (Managing Director) For personal use only 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 Charles Wilkinson (Director of Exploration) Former Expl Mana
Slide 6: Projects – East Kimberley Region
Projects – East Kimberley Region • Large strategic 100%-owned For personal use only 3,400km2 tenement package • Multi-commodity • 3 Main Project Groups: ¾ Wilson River (Au, Ag + U) ¾ East Kimberley base metals ¾ Halls Creek Gold • Proven mineral province with several operating mines and major discov
Slide 7: Emull Zinc-Copper Project
Emull Zinc-Copper Project • High-grade zinc-copper prospect For personal use only 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 8: Emull Long Section
For personal use only Emull Long Section
Slide 9: Emull Zn/Cu Project
Emull Zn/Cu Project • Excellent recent drilling results: For personal use only – 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) • Further drilling recently completed • Initial Scoping Study to commence – Diamond Drilling – Meta
Slide 10: Wilson River – Range Project
Wilson River – Range Project • Emerging epithermal gold-silver For personal use only 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 11: Wilson River – Hunter Prospect
Wilson River – Hunter Prospect • Another New Epithermal Area For personal use only • 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 12: Halls Creek Gold Projects
Halls Creek Gold Projects • Historic Goldfields Area For personal use only • Known Deposits ¾ Golden Crown ¾ Faugh-a-Ballagh • Initial resource estimate nearing completion for Golden Crown • Established Infrastructure ¾ NST exploration complex ¾ Established Regional Town Centre ¾ Main highway and ai
Slide 13: Uranium Potential
Uranium Potential • Wilson River Tenement Group For personal use only • Known Uranium anomalies exist in area • Significant assays have been recorded up to 1.23% U3O8 • U3O8 (UTO) Joint Venture Agreement ¾ Minimum spend $200k pa ¾ Free carried to BFS retaining 25% ¾ Access to geophysical survey data
Slide 14: Other Exploration Prospects
Other Exploration Prospects • Numerous other attractive exploration For personal use only prospects have been highlighted • Multi-Commodity Portfolio • Strategic review underway to prioritise key prospects • Potential for farm-out Joint Ventures to accelerate exploration, add value • Initial contact
Slide 15: Exploration Strategy 07/08
Exploration Strategy 07/08 Commodity Project Task Budget $ For personal use only 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 16: Disclaimer
DISCLAIMER This presentation includes certain statements, estimates and projections with respect to the future performance of Northern Star Resources. Such statements, estimates and projections reflect various assumptions concerning anticipated results, which For personal use only assumptions may pr
Northern Star Resources — Investor Presentation (October 2007) on 6ix