Opportuni(es for Australia
To meet the growing global demand for
Ba=ery Materials, our business model
provides speed to market opportuni(es.
e
We are looking to partner with Australian companies to
fund and fast track exploraGon, development, mining,
processing and producGon of nickel in Australia through
joint ventures and omake agreements as an alternaGve
to Chinese companies.
Australia is in prime posi(on to seize opportuni(es
Poli(cally stable jurisdic(on
Low sovereign risk
Transparent supply chains
Largest producer of nickel, cobalt & rare earth elements in Australia
Page 13
Thank You
Michael Naylor
Managing Director & CEO
@evmetalsgroup
www.evmetalsgroup.com
Page 14
Appendix: JORC Resource Statement – Range Well
Range Well Global In-Situ Mineral Resources at 0.5% Ni cut-off – October 2021
Tonnes Ni Co Fe Mg Al Si Cr Ca Mn
Category
Mt % % % % % % % % %
Indicated 248 0.67 0.043 20.4 3.92 1.49 22.2 1.45 0.41 0.19
Inferred 105 0.61 0.037 19.5 2.89 1.69 25.8 0.95 0.53 0.16
Total 353 0.65 0.041 20.2 3.61 1.55 23.3 1.30 0.45 0.18
The information in this Report that relates to the Mineral Resource Estimate for the Range Well nickel deposit is based on information compiled by Dmitry Pertel. Mr
Pertel was a full-time employee of CSA Global at the time of the Mineral Resource Estimate and is a Member of the Australian Institute of Geoscientists. Mr Pertel has
sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a
Competent Person as defined in the 2012 Edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources, and Ore Reserves (JORC Code).
Mr Pertel consents to the disclosure of information in this Report in the form and context in which it appears.
Page 16
Exploring Finland’s
premier nickel belt
Australian Nickel Conference
October 2022
ACN 647 455 105 NORDICNICKEL.COM
Important information
DISCLAIMER AND FORWARD LOOKING STATEMENTS
The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions
into which this presentation is released, published or distributed should inform themselves about and observe such restrictions.
DISCLAIMER
This presentation is for informational purposes only and does not constitute an offer to sell, or solicitation to purchase, any securities. Any failure to
comply with these restrictions may constitute a violation of applicable securities laws. In providing this presentation Nordic Nickel Limited (“NNL”) ACN
647 455 105 and its subsidiaries has not considered the financial position or needs of the recipient. Persons needing advice should consult their
stockbroker, bank manager, solicitor, attorney, accountant or other independent financial and legal advisors.
FORWARD LOOKING STATEMENTS
Various statements in this presentation constitute statements relating to intentions, future acts, events and exploration targets. Such statements are
generally classified as “forward looking statements” and involve known and unknown risks, uncertainties and other important factors that could cause
those future acts, events and circumstances to differ materially from what is presented or implicitly portrayed herein. Words such as “anticipates”,
“expects”, “intends”, “plans”, “believes”, “seeks”, “estimates” and similar expressions are intended to identify forward-looking statements. NNL caution
shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of NNL only as of
the date of this presentation. The forward-looking statements made in this presentation relate only to events as of the date on which the statements
are made.
COMPETENT PERSON
The information in this report that relates to exploration results is based on, and fairly represents, information and supporting documentation compiled
by Lachlan Rutherford (PhD, MBA). Dr Rutherford is a competent person who is a member of the Australian Institute of Mining & Metallurgy, and a
consultant to the Company. Dr Rutherford has sufficient experience which is relevant to the style of mineralisation and type of deposit under
consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2012 edition of the JORC Code. Dr
Rutherford consents to the inclusion of the matters based in this Presentation on his information noted in the form and context in which it appears.
NORDICNICKEL.COM | 2
Nordic Nickel: Snapshot
• Recently-listed nickel sulphide explorer
• Two high-quality, district-scale exploration assets in
Northern Finland
• Tier-1 jurisdiction prospective for Kambalda-
style nickel sulphides – Central Lapland
Greenstone Belt
• Highly-credentialled team with extensive nickel
experience
• Maiden 133.6Mt JORC (2012) Mineral
Resource Estimate containing 278,520t Ni and
12,560t Co based on shallow historical drilling 1,2
• Targeting both shallow disseminated nickel
sulphides and deeper high-grade massive sulphides
• Exceptional pipeline of targets – prioritising
high-grade opportunities with company-
changing potential
• Geophysics commenced
• 14-month drilling campaign starting early
2023
1 ASX Maiden Resource Announcement 7 July 2022
2 NNL confirms all material assumptions and technical parameters underpinning the Resource Estimate continue to apply and have not materially changed as per Listing Rule 5.23.2 NORDICNICKEL.COM | 3
Critical minerals at a critical time
Demand for class 1 Securing supply Finland is Central Lapland Nordic Nickel has
nickel sulphides to in Europe of incentivising Greenstone Belt rights over
2
grow to 2.5Mt by critical minerals is battery minerals (CLGB) is highly 425km of a
2040 (14.5% a strategic projects and has a prospective for high district scale
CAGR) with 95% priority deep mining history purity, class 1 nickel exploration land
2
going to EV’s) 1 sulphides package in CLGB
1 Wood Mackenzie “Future Facing Mined Commodities Forum, March 2022“
2 Critical Raw Materials Act announcement, September 2022
NORDICNICKEL.COM | 4
Europe a hub for Ni and Batteries
Nikkelvery Refinery
Europe is the Kristiansand 92kt pa
fastest growing
>70
~55
region for GWh/a GWh/a
battery cell
production
Terrafame Smelter & Refinery
Sotkamo, 37kt pa
Finland and >270 GWh/a
40
Finland and
Norway host the GWh/a Nornickel Refinery Harjavalta, 66kt pa
Norway host the
entirety of
entirety of Boliden Smelter Harjavalta, 19kt pa
European Ni
European Ni
smelting/refining
smelting/ref
capacity ining
65
capacity ~125 GWh/a
GWh/a
10
Nordic Region gigafactory GWh/a
commitments account for
over 20% of planned
battery cell production in
Europe ~110 ~50
1
GWh/a GWh/a
1 Source: Roland Berger, July 2021
NORDICNICKEL.COM | 5
Finland - Central Lapland Greenstone Belt
Highly active geological district for nickel
sulphides
• One of largest Paleoproterozoic greenstone
belts globally
• Hosts world-class Ni-Au-Cu & PGE deposits
including:
• 7.4Moz Kittilä gold mine (Agnico-Eagle)
• 307Mt Kevitsa Ni-Cu-Au mine (Boliden)
• 44Mt Sakatti Cu-Ni-PGE project (Anglo
American)
• Major discoveries made but remains relatively
underexplored
• Geology extends to Pechanga Greenstone
Belt, Russia
NORDICNICKEL.COM | 6
Projects
Chasing Sakatti style analogues in Central Lapland Greenstone Belt
Pulju Nickel Project (100%)
• District scale, nickel-rich system
• Near-surface disseminated nickel
sulphides + high grade massive
sulphides at depth
• Early geophysics shows similar EM
signatures to Sakatti
• Historical shallow drilling only
Maaninkijoki 3 (MJ3) Nickel Project
• Ultramafic lithologies similar to
Sakatti
• Promising magnetic, gravimetric and
geochemical surveys
• Right to earn a 75% interest
NORDICNICKEL.COM | 7
Experienced & dedicated Nordic Nickel team
Marcello Cardaci Todd Ross Robert Wrixon Juho Haverinen Aaron Bertolatti
Non-Executive Chairman Managing Director & CEO Executive Director Non-Executive Director Company Secretary & CFO
• Former partner of Gilbert & • Over 24 years’ experience in • Over 20 years’ experience in • Over ten years’ experience in • Qualified Chartered Accountant
Tobin’s Corporate Advisory finance, derivatives and corporate strategy, mining planning and overseeing and Company Secretary with
Group. corporate advisory within the M&A and mineral mineral exploration in Finland. over 15 years’ experience.
Natural Resources sector. exploration.
• 25 years’ experience advising • Currently Head of Exploration • Significant experience in the
public and private equity fund • Former Managing Director • Director of Starboard Global for Magnus Minerals Oy. administration of ASX listed
raisings, M&A and divestment. and Head of Western Ltd, private equity and companies, corporate
Australia for BNP Paribas.
incubation of projects in the • Significant experience in governance and corporate
• Extensive experience on capital Specialist in project and metals and mining sector. Finland conducting exploration finance.
raisings, takeovers, schemes of • acquisition financings across joint ventures with major
arrangements and joint range of commodities across • Current directorships include multinational mining • Previously CFO of Highfield
ventures. multiple jurisdictions. Rafaella Resources Ltd, companies. Resources Ltd and American
Emmerson PLC. Pacific Borates Ltd.
• Current directorships include • Previous roles include Senior • Member of the Board of the
ASX listed Altamin Limited and Positions at BNP Paribas, • PhD in mineral engineering Finnish Mining Association
Manhattan Corporation Ltd. Westpac, Royal Bank of from the University of (FinnMin) from 2016-21 and a
Canada, CBA and Oakvale California, Berkeley. Board member of Magnus
• Holds degrees in Law (BJuris, Capital. Minerals Oy.
LLB) and Commerce (BCom).
• Holds a Bachelor of Business Holds both BSc and MSc
from Edith Cowan University •
and a Graduate Diploma in degrees in Geology from the
Applied Finance & University of Helsinki.
Investment from FINSIA.
NORDICNICKEL.COM | 8
Capital Structure
Company Overview Share Price
$0.25c 115.25 m
Share price 1 Shares on issue
$28.8m $0.25c
Market capitalisation (A$) IPO price
ASX
NNL
$10.8m Nil
Cash (30 June 2022) Debt
JORC Resource 2,3 EV/Resource t Ni
278,520t Ni $65/t Ni
14.65m $18.0m 12,650t Co
Total Options on Issue Enterprise Value (A$)
1. Share price as at market close on 27 September 2022.
2. ASX Maiden Resource Announcement 7 July 2022 NORDICNICKEL.COM | 9
3. NNL confirms all material assumptions and technical parameters underpinning the Resource Estimate continue to apply and have not materially changed as per Listing Rule 5.23.2
Pulju Project
Widespread nickel sulphide mineralisation
• District scale land package
• 51 holes drilled at Hotinvaara Prospect by
Outokumpu looking for near surface nickel
• Maiden 133.6Mt JORC (2012) Mineral
Resource Estimate for 278,520t Ni and
12,560t Co 1,2
• Dual exploration targets:
i. near surface disseminated nickel
sulphides, with widespread, thick
intersections
ii. deeper high grade massive sulphide
lenses, with high Ni tenor
• Shallow historical drilling with no geophysics
• Potential for Sakatti style analogues
1 ASX Maiden Resource Announcement 7 July 2022
2 NNL confirms all material assumptions and technical parameters underpinning the Resource Estimate continue to apply and have not materially changed as per Listing Rule 5.23.2 NORDICNICKEL.COM | 10
Pulju: Regional Geology
Nickel occurrences associated with ultramafic host rocks
• Same ultramafic lithologies as
Sakatti and Kevitsa deposits
• Nordic Nickel has rights over entire
greenstone belt at Pulju Project
(395km )
2
• Hotinvaara Prospect covers less
than 2% of 100% owned Pulju
Project area.
Source: GTK regional geology map
Source: GTK regional geology map
NORDICNICKEL.COM | 11
Pulju: Regional Magnetics
Nickel occurrences associated with magnetic highs
• Magnetic anomalies correlate to
ultramafic rocks
• 25km of continuous prospective
strike
• Sakatti’s massive sulphide lens lies
at basal contact of cumulate
sequence - yet to be tested at
Pulju Project
Source: GTK regional magnetic survey
NORDICNICKEL.COM | 12
Hotinvaara Prospect: Historical Drill Results
Selected near surface disseminated • Near surface disseminated nickel
nickel intersections* Massive sulphide intersections*
sulphide mineralisation widespread,
97m @ 0.33% Ni from 102m in HOV-007 0.26m @ 9.61% Ni, 0.17% Cu and 0.36% Co remaining open along strike and at depth
incl. 18m @ 0.70% Ni from 163m; and from 147.37m in HOV-032
incl. 2.2m @ 1.33% Ni from 169.5m
0.90m @ 4.98% Ni, 0.03% Cu and 0.14% Co • Deeper high grade massive sulphide
122m @ 0.25% Ni from 33m in HOV-009 from 190.40m in HOV-032 intersections are high grade and yet to
108m @ 0.26% Ni from 98m in HOV-010 1.56m @ 1.88% Ni, 0.03% Cu and 0.06% Co be fully surveyed by downhole EM
from 193.3M in HOV-037
74m @ 0.25% Ni from 148m in HOV-011
0.17m @ 2.78% Ni, 0.02% Cu and 0.08% Co • Many holes terminated in mineralisation -
109m @ 0.25% Ni from 41m in HOV-014
from 44.8m in HOV-038
76m @ 0.24% Ni from 37m in HOV-018 sole focus on open pit potential
0.32m @ 5.03% Ni, 0.06% Cu and 0.24% Co
67m @ 0.21% Ni from 115m in HOV-022 from 45.7m in HOV-039
• Hotinvaara Maiden JORC (2012) MRE
96m @ 0.27% Ni from 150m in HOV-026 0.13m @ 3.79% Ni, 0.07% Cu and 0.11% Co
from 398.95m in HOV-040 of 133.6Mt @ 0.21% Ni, 0.01% Co for
83m @ 0.22% Ni from 139m in HOV-028 278,530t of contained Ni and 12,650t
0.85m @ 1.72% Ni, 0.02% Cu and 0.05% Co
50m @ 0.28% Ni from 101m in HOV-030 from 182.3m in HOV-043 Co with 81% contained within 250m of
incl. 2m @ 1.19% Ni from 142m
surface 1,2
36m @ 0.33% Ni from 172m in HOV-032
79m @ 0.26% Ni from 60m in HOV-034 • 83-94% of total Ni sampled is in
141m @ 0.27% Ni from 86m in HOV-040 sulphides with excellent liberation
143m @ 0.21% Ni from 161m in HOV-043 characteristics 3
56m @ 0.28% Ni from 66m n HOV-49
1 ASX Maiden Resource Announcement 7 July 2022
* Complete set of historical drilling results available in the ITAR 2 NNL confirms all material assumptions and technical parameters underpinning the Resource Estimate continue to apply and
section of the Company’s IPO Prospectus dated 8 April 2022 have not materially changed as per Listing Rule 5.23.2
3 ASX Metso:Outotec Test Work Announcement 22 June 2022
NORDICNICKEL.COM | 13
Hotinvaara Prospect: Revised Exploration Target
• Exploration Target for Hotinvaara Prospect:
275-415Mt @ 0.17-0.25% Ni and 76–
114ppm Co for 459-1,032kt
contained Ni and 21-47kt contained
Co. 1*
*The potential quantity and grade of this
Exploration Target is conceptual in
nature. There has been insufficient
exploration to estimate a Mineral
Resource and it is uncertain if further
exploration will result in the estimation of
a Mineral Resource.
• Based on near-surface disseminated
mineralization potential only
• Potential to expand the near surface
resource along gravity lows - serpentinised
ultramafic rocks
• Less than 2% of total Pulju Project area
1 ASX Maiden Resource Announcement 7 July 2022
2 Complete set of historical drilling results available in IPO Prospectus 8 April 2022 Source: Company gravimetric survey; Company core sample assays; GTK historical drilling dataset.
NORDICNICKEL.COM | 14
Hotinvaara Prospect: Borehole EM (BHEM) Initial Results
• 26 drillholes remain open (11
surveyed to date with results of 3)
• High conductance off-hole conductor
(35m x 35m) in front of HOV-40 at
155m depth
• intersects the 5% Ni massive sulphide
intersection in HOV-32
• Off-hole conductor on northern side
modelled at 200m depth
• Projected conductivity extends below
current drilling
• Remaining open holes currently
being tested
Source: Company borehole EM surveys x 3; Company core sample assays; GTK historical drilling dataset.
NORDICNICKEL.COM | 15
Hotinvaara Prospect: Fixed Loop EM (FLEM) Results
• Two large FLEM loops undertaken in
December 2021
• Large deep-seated conductors observed
at about 400m, 800m and 1500m
depth
• Conductor at 400m depth (blue plate)
correlates plate identified in BHEM results,
and is underlain with a larger, slightly
deeper target (green plate)
• Conductor at 800m depth (yellow
plate) is enormous (1.2km x 1km)
• Flat lying conductor(s) at 1500m may be
at the base of the cumulate layer
Source: Company FLEM survey; Company core sample assays; GTK historical drilling dataset. NORDICNICKEL.COM | 16
Hotinvaara Prospect vs Sakatti
• Sakatti 600-900m below surface Exploration strategies from Sakatti are
applicable at Hotinvaara
• Drilling at Hotinvaara averaged 250m
• Accumulations of disseminated nickel found
• Vertical stratigraphic holes planned to provide
lithological information at depth near surface at both projects
• Massive sulphide intersections encountered
amongst disseminated nickel
• NiS blebs increase in size as depth increases
• Downhole EM utilised to track massive
sulphides deeper at Sakatti
3D image of Sakatti orebody showing
Red: Massive Sulphides, Grey:
Disseminated Sulphides, Green:
Stockwork vein sulphides
Source: Pelayo Barron Thesis, 2020
Source: Company collar survey; GTK historicalal drilling dataset; Brownscombe et al, 2015.
NORDICNICKEL.COM | 17
Global Nickel Mining Camp Potential at Pulju
1 ASX Outstanding Regional Nickel Potential Confirmed at Pulju, 10 August 2022
Source: Historic drill hole collar plan and assay highlights. Background image: total magnetic intensity (Source: GTK).
NORDICNICKEL.COM | 18
Targeting Bonanza Massive Sulphides
• Targeting both near surface and deeper
massive sulphides to uncover a
Sakatti style resource.
• High-grade massive and semi-massive
nickel sulphide intersections to be
tracked using BHEM.
• Deeper FLEM targets to be refined using
lithological cross sections, mapping of
existing massive sulphides and moving
Loop EM.
• Further downhole EM in Q3 2022.
• Stratigraphic holes to test the base of
the cumulate layer in early 2023.
NORDICNICKEL.COM | 19
Expand Near Surface Resource
Targeting a near surface Kevitsa-style resource
• Targeting lateral and depth extensions to expand the existing near surface disseminated nickel sulphide resource.
• Mineralisation is open in multiple directions.
• Extensions are expected to be coincident with known magnetic highs and gravity lows.
• Most of the historical holes ended in mineralisation, so extensions at depth will be tested.
Cross-section
from the
preliminary
block model
with holes
ending in
mineralisation
Source: Hotinvaara Exploration Target block model from A.Wheeler 2021.
NORDICNICKEL.COM | 20
Exploration Plan
Focussed on uncovering Spending A$7M-9M 2022 plan for Pulju summarized as follows:
and developing sustainably on exploration drilling ! Preliminary metallurgical (chemical and mineralogical) analysis
sourced, high purity class 1 and geophysics at Pulju (AZTEC).
nickel sulphides in Finland. over the next 24mths. ! Maiden near surface JORC resource estimate for Hotinvaara.
Detailed geophysical ! Re-logging, sampling and assaying of core outside of
exploration program Hotinvaara.
at Maaninkijoki 3 to • Complete downhole EM surveys on the 26 open holes at
define initial drill Hotinvaara.
targets.
• Moving Loop EM to clarify the near surface massive sulphides
indicated by previous drilling and the downhole EM.
• Combine the Slingram, BHEM, FLEM and MLEM results to
complete a 3D EM profile map of Hotinvaara for the drill
program set to commence in January 2023.
• Drill for 14 months straight at Hotinvaara (approx.
22,000m)
NORDICNICKEL.COM | 21
Level 12, 197 St Georges Terrace Contact Information
Perth, Western Australia 6000
Todd Ross
[email protected] Managing Director
NORDICNICKEL.COM
Company Presentation
EXPLORING FOR NICKEL –
WITH BENEFITS
5 October 2022
Presenter: Greg Miles, CEO
CASPIN RESOURCES LIMITED
www.caspin.com.au
DISCLAIMER
The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this
presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the
investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an
investment is appropriate in light of your particular Investment Needs, Objectives And Financial Circumstances.
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum
extent permitted by law, none of Caspin Resources Ltd, their directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for
any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of
achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature
subject to significant uncertainties and contingencies.
COMPETENT PERSONS STATEMENT
The information in this report that relates to Exploration Results is based on information compiled or reviewed by Mr Greg Miles, a Competent Person who is an employee of the company. Mr Miles is a Member of the
Australian Institute of Geoscientists and has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent
Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Miles consents to the inclusion in this
report of the matters based on information in the form and context in which it appears.
The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results information included in this report from previous Company announcements (including drill
results extracted from the Company's Prospectus) announced to the ASX on 23 November 2020 and on 30 March 2021, 28 April 2021, 24 May 2021, 16 June 2021, 5 July 2021, 19 August 2021, 21 September 2021, 26
November 2021, 24 January 2022, 9 February 2022, 7 March 2022, 14 March 2022, 2 May 2022, 7 July 2022, 27 July 2022, 3 August 2022, 6 September 2022, 15 September 2022 and 30 September 2022.
FORWARD LOOKING STATEMENTS
Some statements in this report regarding estimates or future events are forward-looking statements. Forward-looking statements include, but are not limited to, statements preceded by words such as “planned”,
“expected”, “projected”, “estimated”, “may”, “scheduled”, “intends”, “anticipates”, “believes”, “potential”, “could”, “nominal”, “conceptual” and similar expressions. Forward-looking statements, opinions and
estimates included in this announcement are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on
interpretations of current market conditions. Forward-looking statements are provided as a general guide only and should not be relied on as a guarantee of future performance. Forward-looking statements may be
affected by a range of variables that could cause actual results to differ from estimated results expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to
liabilities inherent in exploration and development activities, geological, mining, processing and technical problems, the inability to obtain exploration and mine licenses, permits and other regulatory approvals
required in connection with operations, competition for among other things, capital, undeveloped lands and skilled personnel; incorrect assessments of prospectivity and the value of acquisitions; the inability to
identify further mineralisation at the Company’s tenements, changes in commodity prices and exchange rates; currency and interest rate fluctuations; various events which could disrupt exploration and development
activities, operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions; the demand for and availability of transportation services; the ability to secure
adequate financing and management's ability to anticipate and manage the foregoing factors and risks and various other risks set out in the Prospectus. There can be no assurance that forward-looking statements
will prove to be correct.
Statements regarding plans with respect to the Company’s mineral properties may contain forward looking statements. Statements in relation to future matters can only be made where the Company has a reasonable
basis for making those statements.
Authorised for release to the ASX by Greg Miles, Chief Executive Officer.
2
CORPORATE OVERVIEW
Backed by strategic shareholders and well funded for exploration
Volume Close $ CPN - ASX 6 Month Share Price Performance VOLUME
$1.00 2,000,000
$0.90 1,800,000
$0.80 1,600,000
$0.70 1,400,000
$0.60 1,200,000
$0.50 1,000,000
$0.40 800,000
$0.30 600,000
$0.20 400,000
$0.10 200,000
$- -
No. SUBSTANTIAL SHAREHOLDERS No. (M) % CAPITAL STRUCTURE (4 October 2022) BOARD AND MANAGEMENT
1 Chalice Gold Mines Ltd 6.9 9.2% ASX Code CPN Mr Cliff Lawrenson – Non-Executive Chair
2 Tinci (HK) Limited 5.6 7.5% Total Ordinary Shares on Issue 74,740,710 Mr Greg Miles – Chief Executive Officer
1
3 Atasa Holdings Pty Ltd; Unlisted Options & Perf. Rights 2 5,614,924
& Tjandra Pramoko + Simone Suen 4.2 5.7% Dr Jon Hronsky – Non-Executive Director
4 Mr Buxiao Yu 3.9 5.3% Share Price (close 4 October 2022) $0.67 Ms Simone Suen – Non-Executive Director
5 Mr Colin Iles 3.0 4.0% Market Capitalisation ~$50M Mr Justin Tremain – Non-Executive Director
Total Substantial Shareholders 23.7 31.7% Cash Balance (30 June 2022) $9.1M
Balance of Top 20 20.8 27.8% Debt (30 June 2022) nil Mr Steven Wood – CFO & Company Secretary
Balance of Board & Management 5.3 7.1% 1. Includes 4.92M Shares held by Board and Management - subject to ASX Highly experienced
1
escrow until 25/11/2022.
2. 2.5M Board & Management 5 year Options at $0.30 strike price.
1. Excludes 4.2M shares (5.7%) held by Atasa Holdings Pty Ltd & Tjandra Pramoko + Simone 2M Lead Manager 5 year Options at $0.30 strike price. exploration, corporate and
Suen. Includes Escrow shares in %’s. 1,114,924 Management and Employee Performance Rights (various vesting
conditions). All subject to escrow capital markets team 3
TWO PROJECTS, TWO DISCOVERIES
Nickel projects with benefits. Exciting times
ahead.
Yarawindah Brook
! New PGE discovery at the Serradella Prospect
! Best drilling results to date
! Rhodium results add even greater value
! Mineralisation open in multiple directions with
potentially the best still to come
! Further results to come from ‘regional’ targets across
the project
Mount Squires
! First drilling program at Duchess Prospect intersects
significant Au - Ag, Cu – Mo
! Second phase of drilling underway
! Initiating first exploration on prospective Ni-Cu corridor
! Very strategic land position
4 4
YARAWINDAH
BROOK
(CPN 80%)
A breakthrough
discovery in an emerging
PGE-Ni-Cu belt
5
AN EXCITING DISCOVERY STORY
! A large, strategic position in the emerging West Yilgarn
Magmatic PGE-Ni-Cu Province. Camp-scale opportunities
! A breakthrough new PGE discovery at the Serradella Prospect
with all the hallmarks of a large-scale deposit
! Potential for nickel (& copper) rich deposits remains
! Recent peer discoveries, such as Dampier, demonstrate
potential of additional targets on the Brassica Shear Zone
6 6
SERRADELLA PGE-Ni DISCOVERY
A whirlwind 12 months
• Latest results confirm a new PGE discovery
• YARC0036:
! 17m @ 2.33g/t 4E and 0.17% Ni; including
3m @ 6.04g/t 4E and 0.17% Ni;
• YARCD0025:
! 12.1m @ 2.07g/t 3E and 0.20% Ni; including
1m @ 6.29g/t 3E and 0.30% Ni
• Discovery hole - YARC0022:
! 13m @ 1.08g/t 4E and 0.26% Ni, including
2m @ 3.29g/t 4E and 0.23% Ni
• For context, Chalice Mining’s Gonneville
Resource:
! Global - 350Mt @ 0.96g/t 3E, 0.16% Ni,
0.10% Cu
! HG - 84Mt @ 1.7g/t 3E, 0.21% Ni, 0.20% Cu
See ASX Announcements of 27 July 2022, 6th & 15th September 2022
for more detail
7 7
HIGH-GRADE RHODIUM DISCOVERY
A point of difference to other Ni- PGE projects
! Six element PGE assaying returns high grade 4 Year Commodity Price Comparison USD/Oz (weekly)
rhodium results: $30,000
! YARC0036 – 17m @ 0.20g/t Rh; Including
! 3m @ 0.56g/t Rh $25,000
! Peak value of 0.69g/t Rh
$20,000
! Rhodium used in high-end industrial
applications, similar to platinum and $15,000
palladium
! Production dominated by South Africa, with $10,000
lesser contributions from Russia, Canada and
Zimbabwe $5,000
! Very high value – 100ppb is significant
$-
! Major implications for project economics and 9/14/2018 3/14/2019 9/14/2019 3/14/2020 9/14/2020 3/14/2021 9/14/2021 3/14/2022 9/14/2022
further exploration at Yarawindah Rhodium Palladium Gold
Value of rhodium has increased dramatically
compared to gold and palladium
8 8
SERRADELLA – LUSH PASTURES
Lower Serradella: an immediate focus
for next round of drilling
! YARC0036 an obvious down-dip extension
of near-surface mineralisation in historical
drilling
! Recognising multiple mineralised
horizons
! Drill spacing (~200m) way too coarse and
potentially missing high grade shoots
! YARC0039 clearly didn’t drill deep enough
(and how many other holes as well?)
! YAD0018 an anomaly – why? Dyke? Need
to re-visit past drilling for missed
opportunities
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NEW RESULTS SUPPORT GEOLOGICAL MODEL
Lower Serradella: Large-scale, conceptual targeting for world-class deposits
! Latest results:
! YARCD0041 – 133m @ 0.49g/t 3E, 0.11% Ni;
! YARC0042 – 111m @ 0.30g/t 3E, 0.09% Ni;
! YARC0040 – 91m @ 0.48g/t 3E, 0.11% Ni
! All holes demonstrate a very thick zone of
mineralisation developing in the northeast
direction
! Mineralisation open down plunge - working
towards the anticipated basal contact
position and probably more strongly
mineralised part of the intrusion
! Small change in tenor would be a game
changer
! Weaker results in YARC0043 & YARC0044
support the interpretation!
See ASX announcement of 7 July 2022 for detailed
explanation of geological model
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A BUSY FIELD SEASON AHEAD
Fully funded, multi-rig drilling program coming up
! Close drill spacing at Upper Serradella– focus on high-grade zones
! ‘Resource-style’ drilling around YARC0036 and extending rhodium assaying
! Many recent holes will require extension, ‘dusters’ could still yet return significant results
! Search for the basal contact position at Lower Serradella – test potential for the really big deposit
! Continue to evaluate other opportunities within the project, such as XC-46 on the Brassica Shear Zone
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A CAMP-SCALE OPPORTUNITY
Systematically exploring a new mineral province
! Minimal historical exploration for magmatic Ni-Cu-PGE systems
! Project-wide AEM and gravity coverage provides excellent first-pass
dataset for mapping magmatic intrusions and discovery of massive
sulphide
! Progressively adding soil geochemistry to identify low-sulphide,
PGE-rich targets
! 17km Brassica Shear an immediate focus – XC-46 early success
! Chalice’s discovery at the Dampier Prospect demonstrates the
potential of the Brassica Shear
12
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MOUNT SQUIRES
PROJECT
(CPN 100%)
Large scale greenfield
gold and base metal
Project
13
West Musgrave: A Hot Province for Nickel
OZ Minerals – ASX Release, 23 September 2022
‘Green light for West Musgrave’ – Final Investment Decision Presentation (Slide 17)
Mount Squires
Project
Province
-Cu
SOURCES:
https://www.afr.com/companies/mining/oz-minerals-gives-green-light-to-1-7b-copper-nickel-mine-20220923-p5bkf6
https://thewest.com.au/business/mining/oz-rejects-84b-offer-from-bhp-c-7795574
https://www.ozminerals.com/ArticleDocuments/435/2441125.pdf.aspx?Embed=Y
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MOUNT SQUIRES: TWO PROJECTS IN ONE
LARGE SCALE GREENFIELD Au-Cu PROJECT
• Large ~750km landholding with proven gold mineralisation
2
• Significant historical drill results include:
! 20m @ 1.27g/t Au from 23m, including 7m @ 2.54g/t Au
! 15m @ 2.30g/t Au from 31m, including 9m @ 3.25g/t Au
Exciting early Au-Ag results from the Duchess Prospect
POTENTIAL STRIKE EXTENSION OF Ni-Cu
MINERALISATION
! Adjacent to OZ Minerals’ One Tree Hill Prospect
(40m @ 1.2% Cu and 22m @ 1.8% Cu)
! 200m from tenement boundary
! OZL approved A$1.7b development of Nebo Babel
15
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NEBO-BABEL MAGMATIC SULPHIDE CORRIDOR
Exploring a world-class nickel-copper province
! 25km extension of prospective corridor in Caspin tenements
! Geophysical and geochemical surveys underway
! New Ni-Cu anomalies already recognised with more results still to come
! Significant copper mineralisation only 200m from tenement boundary
! First drilling to commence in October
16 16
OUTCROPPING GOLD AND SILVER AT DUCHESS
Gold-silver & copper-molybdenum mineralisation trends emerging
! Small outcrop with quartz veining running
>2g/t Au and ~50g/t Ag – but most of the area
is obscured by transported cover
! Significant grades of gold, silver, copper and
molybdenum from first drilling program
! Two discrete mineralisation trends developing
! Follow-up drilling underway
Figure 2. Mineralised vein outcrop at the Duchess Prospect assaying
2.46g/t Au and 49.7g/t Ag.
17 17
AN EXCITING TIME FOR SHAREHOLDERS
• A brilliant drill result from Serradella
! Confirmed PGE discovery with large scale potential
! Many other targets still
• Excellent early results at the Duchess Prospect
• Strong cash balance
• Large drilling program across two projects
NEXT 6 MONTHS (Indicative) October November December January February March
Serradella and other Yarawindah results
Mount Squires soil geochemistry results
Mount Squires Phase 2 drilling
Mount Squires Phase 2 drilling results
Serradella step-out and infill drilling
Serradella drilling results
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Caspin Resources Limited
Ground Floor, 675 Murray Street
West Perth, Western Australia 6005
T: +61 8 6373 2000
E: [email protected]
W: www.caspin.com.au
ASX: CPN
19
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An Emerging
Western Australian
Battery Metals and Gold
Narryer
Explorer
Dalgaranga
Doonia Broken Hill
Arkun Commonwealth
Perth HQ
Hopetoun
IPT_Paydirt Nickel Conference Oct 5th 2022
The Key to Exploration Success:
Large Strategic Ground Holdings:
Ni-Cu-PGM-Au; LCT Pegmatites;
REE-Rb
WA Projects (IPT 100% or Broken Hill,NSW (IPT Other projects and assets
80%) 100%)
Early stage Gold, $18 million joint venture Rationalisation
Ni-Cu-PGM and with IGO on emerging of Strategic
Lithium high grade Holdings
in progress
Ni-Cu-PGM discovery
• 4000 sq km in 10 projects • 815 sq km around the giant • $400,000 in shares in ASX juniors
• Arkun, WA: 2,000 sq km in the Broken Hill silver-lead-zinc and 1% royalty ($180,000 cash)
emerging Ni-Cu-PGE Province deposit (>300 Mt) • Blackridge, QLD: 150 sq km sold
near Julimar (Chalice Mining NL). • Major JV with IGO over two for $450,000 plus 1% royalty
• Four new JV’s and 3 acquisitions tenement: ground EM survey in • Commonwealth, NSW (IPT:
using emerging geophysical progress. 100%)
technology • Remaining tenements: • 75% sold to IPO for $2.75m
• Doonia gold project near Burns considering options. cash
(ASX:LEF) and shares
IPT_Paydirt Nickel Conference Oct 5th 2022
About Impact Minerals (ASX: IPT)
Capital Structure Shareholders
Listed on ASX November 2006 Bunnenberg Family 8%
Shares on Issue 2,450 million ABC Beteiligungen 8%
157M unlisted
Options Directors 2.4%
155 Listed IPTOB
Share Price 0.7 c Top 20 43%
Market Cap $16 million Top 50 52%
Cash A$2.7 million No of Shareholders 3,700
3 year
Share price
Major exploration and commodity boom in progress driven by war and government
larceny
IPT_Paydirt Nickel Conference Oct 5th 2022
Broken Hill Project,
PGM-Nickel-Copper,
New South Wales
IPT_Paydirt Nickel Conference Oct 5th 2022
High grades of all
six PGM’s
1. Major land position of 815 sq km in one of
Australia’s most prolific mining belts
2. High PGM grades including rare PGM’s Rh, Os, Ru
and Ir
3. Multiple targets over 25 km for nickel-copper-
PGM deposits
• Moorkai: High grade rock chip samples
over 9 km trend
• Platinum Springs: high grade magmatic nickel-
copper-PGE sulphide
• Red Hill: lmpact discovery of very high-grade
Broken Hill PGE’s
Project • Little Broken Hill: poorly explored intrusion
similar to Jinchuan and Voiseys Bay
Overview 4. Potential for million ounce PGM discovery with
drilling in progress
5. Joint venture with IGO for Ni-Cu-PGM
6. Significant zinc-lead-silver potential
IPT_Paydirt Nickel Conference Oct 5th 2022
Major Joint Venture
with IGO 1
$18 million over 8 years to earn
75%
Stage 1: $6 million to earn 51%
Stage 2: a further $12 million to earn
75%
$500,000 before withdrawal:
deep penetrating EM survey in progress: significant
conductor discovered
IPT_Paydirt Nickel Conference Oct 5th 2022