Northern Shield Resources (NRN) Corporate presentation summary

Strategic positioning and district overview

• Controls 450 km² across two parallel mineralized trends over 50 km, with confirmed porphyry copper and epithermal gold systems supported by geophysics indicating deep intrusive sources.

• Root & Cellar and Fortune trends share geological similarities with world-class deposits such as Cadia and Lepanto-Far Southeast.

• 100% ownership of Root & Cellar and right to earn 100% in the Fortune Trend, both in mining-friendly Newfoundland with strong infrastructure and year-round access.

Root & Cellar project highlights

• Hosts both epithermal gold-silver-tellurium and porphyry copper-gold-molybdenum systems, with intact vertical zonation from surface to depth.

• Five gold-silver-tellurium zones surround a copper porphyry system; surface samples show up to 111 g/t Au, 1,365 g/t Ag, 700 g/t Te, and 10.4% Cu.

• Diatreme breccia pipes provide natural exposure of deep mineralization, with copper mineralization from pre-, syn-, and post-explosion phases, indicating a long-lived heat engine.

• Strong tellurium association, a critical mineral, enhances the system's significance and size potential.

Geological evidence and exploration results

• Classic porphyry copper pathfinder halos (Pb, Zn, As, Sb) ring the copper core, with tellurium coinciding with copper anomalies over a 2 km diameter.

• Hydrothermal breccias and Pb-Zn-Hg mineralization indicate vapor-phase transport above the porphyry, with heavier metals (Cu, Au, Ag) retained at depth.

• Conquest Gold Zone covers 4 km², with visible gold up to 111 g/t and multiple mineralizing events identified by Ag:Au ratios.

• Drilling at Conquest intersected high-grade gold and telluride minerals, with future drilling targeting down-plunge extensions.