Northern Star Resources Ltd · ASX:NST

Northern Star Resources — Investor Presentation (January 2012)

14 slides from Northern Star Resources's investor presentation, Jan 23, 2012

  1. Slide 1: Company Presentation

    For personal use only Company Presentation The clear step- step-by- by-step strategy to make Northern Star a 200,000ozpa gold mid- mid- cap producer January/February 2011

  2. Slide 2: Disclaimer

    Disclaimer Competent Persons Statements For personal use only The information in this announcement that relates to exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information compiled by or under the supervision of Brook Ekers

  3. Slide 3: Corporate and Asset Overview

    Corporate and Asset Overview +80,000oz Western Australian Gold Producer For personal use only Market cap: $345m based on 352m shares at 98c, plus 24m options Cash/Bullion on hand: $41.7m as 31 Dec 11 Debt free and un-hedged Top 20 hold 50% (inc InvestMet with 17.5%) Key production asset: Paulsens Go

  4. Slide 4: Paulsens – Corner Stone Asset

    Paulsens – Corner Stone Asset Paulsens started production in 2005 has produced 500,000oz in For personal use only 6.5 years to 2011 at an average gold production of 70-80,000ozpa Life of Mine Cash Cost of $560/oz Average monthly total site cost of $5M or 3,000oz to breakeven Acquired by Northern Sta

  5. Slide 5: Paulsens – Corner Stone Asset (continued…)

    Paulsens – Corner Stone Asset (continued…) Changed out Mining and Crushing Contractors with in-house team For personal use only Dropped total cost per tonne by 30% 5

  6. Slide 6: Paulsens – Corner Stone Asset (continued…)

    Paulsens – Corner Stone Asset (continued…) Exceeded 2011 guidance by 15% , generated $46M surplus For personal use only cashflow through the production of over 75,000oz at $660/oz. Current Resource underpinned by key Voyager 1 lode that is being mined in-excess of 1000oz per vertical metre. Deepest

  7. Slide 7: Growing production to 200,000ozpa

    Growing production to 200,000ozpa Two staged approach to 200,000oz per annum For personal use only Stage 1 - Grow Paulsens to 100,000ozpa Increase plant capacity from 350,000 to 450,000tpa Rapid expansion to cost just $10M Expansion funding to come from surplus cashflow First production increase to

  8. Slide 8: Significant Exploration Upside

    Significant Exploration Upside No other sizeable deposit within 50km radius of the Paulsens mine For personal use only 1,300km² of Tenements, numerous targets 100% owned and JV’s No other operational gold processing plant within 400km radius Cheroona copper/gold project, 80km from Sandfire discovery

  9. Slide 9: Significant Exploration Upside (continued…)

    Significant Exploration Upside (continued…) Paulsens in/near mine Exploration delivering early results For personal use only Found two Gabbro Offset positions similar geology as Paulsens Potential to replicate the Paulsens orebody which has produced 500,000oz Ore grade intercepts upto 14gpt received

  10. Slide 10: Board of Directors

    Board of Directors Successful record in discovering and developing mines For personal use only BILL BEAMENT – Managing Director (Mining Engineer) Former General Manager – Operations for 12 mines across WA, including 3.5 years involvement at Paulsens overseeing the incumbent mining contractor. Establ

  11. Slide 11: Senior Management

    Senior Management BERNIE SOSTAK – General Manager of Geology For personal use only Geologist with over 20 years in the Gold Industry with extensive experience in mine geology, resource estimations, planning and general operations management in underground and open pit. Held senior management roles w

  12. Slide 12: Ten Reasons to Follow Northern Star

    Ten Reasons to Follow Northern Star Exceeded CY2011 guidance by 15%, generated $46m surplus For personal use only 1. cashflow, over 75,000oz production at $660/oz cash cost 2. Debt-free (minor equipment HP), un-hedged, $41.7m cash/bullion in bank at 31 December 2011 3. Outstanding drilling results a

  13. Slide 13: Ten Reasons to Follow Northern Star

    Ten Reasons to Follow Northern Star 7. Significant exploration potential with a $20M program over the For personal use only next 12 months, yielding early result such as new gabbro offsets 8. Strong cashflow/balance sheet means NST is ideally placed to capitalise on falling asset values and uncertai

  14. Slide 14: Appendix

    Appendix 1 For personal use only Indicated Inferred Total 31 December 2010 Tonnes Grade Tonnes Grade Tonnes Grade Oz Au (,000) (g/t) (,000) (g/t) (,000) (g/t) (,000) Open Pit 471 2.9 200 3.3 671 3.0 64.5 Paulsens Upper Levels 110 7.5 23 5.0 133 7.1 30.2 Voyager 1 230 9.9 234 6.3 464 8.1 120.2 Paulse

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