Northern Shield Resources (NRN) Corporate Presentation summary

Strategic vision and exploration approach

• Focus on initiating projects in underexplored regions with potential for large, high-grade ore deposits, using a model-driven exploration strategy to reduce risk and cost.

• Past partnerships with major mining companies validate the exploration approach.

• Root & Cellar is positioned as a potential Tier 1 epithermal gold system discovery.

Project location and geological context

• Root & Cellar is located in Newfoundland's Avalon Terrane, geologically similar to BC's Golden Triangle but less explored.

• The area features extensional tectonics, ideal for large-scale epithermal gold and copper porphyry systems.

• Tellurium, a critical and rare metal, is associated with large, high-grade epithermal gold deposits in the region.

Mineralization and exploration results

• Multiple gold, silver, tellurium, and copper occurrences identified, with high-grade surface samples up to 111 g/t Au, 1,395 g/t Ag, 700 ppm Te, and 10.5% Cu.

• Conquest Zone shows gold mineralization over 4 sq km, with visible gold and significant soil anomalies.

• 2023 drilling intersected gold in 7 of 8 holes, with notable grades such as 10.4 g/t Au over 1.5m and 13.1 g/t Au over 2m.

• Evidence suggests the system is intact, with higher grades expected at depth.