Northx Nickel Corp. · CSE:NIX
Northx Nickel — Archer Exploration — Investor Presentation (September 2023)
24 slides from Northx Nickel's investor presentation, September 2023
Slide 1: Corporate Presentation
Corporate Presentation September 2023 A Leading Canadian Nickel Explorer & Developer archerexploration.com CSE: RCHR | OTC: RCHRF | FSE: 6YR0
Slide 2: Disclaimer
Disclaimer General This corporate presentation is intended to provide an overview of the business of Archer Exploration Corp. (the “Company” or “Archer”). It results of proposed exploration activities are as anticipated; the Company’s operations are not disrupted or delayed by unusual has been prepa
Slide 3: Investment Highlights
Investment Highlights Grasset is the only undeveloped nickel sulphide deposit (>50kt Ni, >1.5% NiEq) in NA not held by a major Asset Pipeline Untested Potential Grasset Grasset 100% owned, 5.5 Mt Indicated Resource1 @ 1.53% NiEq in Current resource was created from essentially one very the Abitibi G
Slide 4: Asset Portfolio
Asset Portfolio Resource growth in the Abitibi and a large land package in Sudbury Sudbury Grasset The third-largest land Cornerstone of Archer’s package in the world’s portfolio, located in the second-largest nickel district Abitibi Greenstone Belt 37 properties and 300 km2 Indicated Resource1 of i
Slide 5: Corporate Snapshot
Corporate Snapshot Canadian Ni-Cu-Co-PGM exploration & development Share Structure, Cash & Major Shareholders 1 CSE: RCHR – YTD $$ exp millions Issued & Outstanding 90.67 Warrants 1.50 Oct-23 1.00 Warrants 0.66 May-24 0.39 Warrants 1.02 Nov-24 11.69 Stock Options 0.36 Jun-26 0.08 Stock Options 1.50
Slide 6: Grasset Nickel Project
Grasset Nickel Project One of the Abitibi’s largest nickel sulphide deposits Unexplored Opportunity Current 5.5 Mt @ 1.53% NiEq Indicated Resource1 was created from essentially one successful drill campaign in 2014-15 with minimal follow up Positive, Simple Metallurgy Initial metallurgical testing y
Slide 7: Grasset Ultramafic Complex
Grasset Ultramafic Complex District scale potential – 100% owned by Archer - 5.5 Mt @ 1.53% NiEq Indicated Resource1 23 km NW trending corridor containing ultramafic bodies Located in the volcano-sedimentary belt of the Abitibi subprovince Majority of regional historical drilling on the projec
Slide 8: Grasset Ultramafic Complex
Grasset Ultramafic Complex Fertile and highly-prospective ultramafic corridor that has seen little-to-no nickel-focused exploration Fertile Trend With District Scale Potential Vast majority of the 23 km long GUC is underexplored. Nearly all historical regional exploration was designed for VMS Au t
Slide 9: Grasset Nickel Deposit
Grasset Nickel Deposit Two lenses of high-grade massive sulphides (H1 & H3) – both open at depth, H1 largely untested SW NE SW NE Two high-grade sub-vertical massive sulphide lenses within a ~200 m thick mineralized footprint Ore lenses are believed to have been once horizontal and subsequently
Slide 10: Grasset Nickel Deposit
Grasset Nickel Deposit 5.5 Mt @ 1.53% NiEq Indicated Resource1 with room to grow Two High-Grade Lenses H1 & H3 – two high-grade sulphide bearing horizons within ultramafic host units striking NW-SE H3 lens has a currently defined ~500 m strike length and hosts the bulk of high-grade mineralizati
Slide 11: 2023 Exploration Results – Start of New Zone in H1
2023 Exploration Results – Start of New Zone in H1 DHEM Surveys Identified Three New Highly Conductive Plates The newly modeled plates begin 360 m below surface and have not yet been drill tested VRIFY 3D Model The size of the three modeled DHEM anomalies suggests a much better continuity at dep
Slide 12: Grasset Exploration – Drill Core Example
Grasset Exploration – Drill Core Example Hole GR23-03 – H1 Mineralization ~60 cm of massive sulphides Xenomelts in massive sulphides at the base of an ultramafic flow are evidence that the top of the flows are facing to the SW Observations of 3 ultramafic flow tops facing to the SW Expert revi
Slide 13: Grasset – Conceptual Ore Formation Model
Grasset – Conceptual Ore Formation Model Since the discovery at Kambalda (1960’s), komatiites have been recognized as significant hosts of magmatic nickel ores Key Features of Komatiite-hosted Nickel Deposits Schematic Cross-Section of Evolving Komatiite Flow Field Komatiites are ultramafic (low s
Slide 14: Grasset – GUC Central Discovery
Grasset – GUC Central Discovery GUC Central Discovery – 7 km NW of the Grasset Deposit 3.59% Ni over 1.03m within 1.35% Ni over 3.94m High-Grade Massive Sulphides FAB-18-58 returned the best intercept to date with 7.58 m at 1.05% Ni, 0.31% Cu, 0.05% Co, 0.20 g/t Pt and 0.48 g/t Pd Classic Sulphide S
Slide 15: Sudbury Basin
Sudbury Basin Canada’s largest mining camp with a 135+ year history Unique Geological Formation The Sudbury Igneous Complex (SIC) is a unique geological feature that is the result of an eroded 1.8-billion-year-old impact crater A History of Mining Since the late 1800’s, 77 mines have produced over 1
Slide 16: Sudbury Portfolio
Sudbury Portfolio The 3rd largest land package in the world’s 2nd largest nickel district Strategically Significant Large, prospective and under-explored land package with blue sky exploration potential Focus areas share similarities to other tier-one deposits in Sudbury Significant reserve wo
Slide 17: Sudbury – Parkin
Sudbury – Parkin A past-producing, well-endowed embayment structure with new discoveries 9.4 km of Untested Offset Dyke Sudbury offset dyke hosted deposits are an important deposit type in Sudbury, accounting for ~1/3rd of the total ore mined – typically have a concentration of PGMs Well Endowed Emb
Slide 18: Sudbury – Parkin
Sudbury – Parkin An advanced exploration project – offset dyke hosted Ni-Cu-PGM mineralization Significant Growth Potential Near surface historic resource (North and Past Producing Milnet Mine North and South Zone Deposits NE SW South Zone deposits) with five mineralized zones over a 750 m strike
Slide 19: Sudbury Exploration
Sudbury Exploration Planned exploration of the Sudbury portfolio Parkin Trill Windy Lake Frost Lake Advanced exploration with 9.4 Advanced exploration with 9.5 Grassroots exploration with targets Grassroots exploration with targets km of the Parkin Offset Dyke km of the Trill Offset Dyke along the S
Slide 20: News Flow & Upcoming Catalysts
News Flow & Upcoming Catalysts Aggressive exploration with continuous news flow Corporate Activities Grasset Parkin (Sudbury) Other Sudbury Community and First Nations Resource Expansion Step-out Permitting & Planning Trill Engagement and Consultations Drilling (assays pending) Permitting (com
Slide 21: Leadership Team
Leadership Team A track record of success – grassroots through production Tom Jacquelin (Jack) Sherry Wes Management Meyer Gauthier Roberge Short President, CEO & VP Exploration Chief Financial Officer VP Corporate Development Director CFA, P.Eng with 25+ years experience P.Geo with 40+ years experi
Slide 22: Technical Advisory Committee
Technical Advisory Committee A seasoned team, a diverse skillset, and track record of advancing discoveries to production Dr. Neil Steve Brian Alan Dr. Michael O’Brien Beach Booth King Lesher TAC Chair & TAC Member TAC Member TAC Member TAC Member Corp. Advisor Economic geologist and former Prof
Slide 23: Strong Metal Inventory
Strong Metal Inventory 1,2 Substantial metal endowment underpinning the value of Grasset >0.80% Tonnes NiEq Ni Cu Co Pt Pd Contained Contained Contained Contained Contained Contained NiEq (t) (%) (%) (%) (%) (g/t) (g/t) NiEq (t) Ni (t) Cu (t) Co (t) Pt (oz) Pd (oz) Indicated Horizon 1 89,200 1.00 0.
Slide 24: A Leading Canadian Nickel Explorer & Developer
Tom Meyer President & CEO, Director [email protected] [email protected] IR & Media Oakstrom Advisors [email protected] A Leading Canadian Nickel Explorer & Developer CSE: RCHR archerexploration.com
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