NORTHERN MANGANESE LIMITEDASX CODE: NTM November 2016
Redcliffe Gold ProjectPresented by Rodney Foster, CEO
• Substantial tenure over Mertondale Shear Zone: A prolific gold bearing structure. • Initial Resource estimates established, open.• Significant upside for additional discoveries.
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The information in this document has been prepared as of 4 November 2016. The document is for information purposes only and has been extracted entirely from documents prior materials publicly filed with the Australian Securities Exchange and/or the Australian Securities and Investments Commission. This presentation is not an offer or invitation to subscribe for or purchase securities in the Company. The release, publication or distribution or 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. Certain statements contained in this document constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward ;looking information under the provisions of Canadian provincial securities law. When used in this document, the words “anticipate”, “expect”, “estimate”, “will”, “planned”, and similar expressions are intended to identify forward-looking statements or infor-mation. Such statements include without limitation: statements regarding timing and amounts of capital expenditures and other assumptions; estimates of future reserves, resources, mineral production, optimization efforts and sales; estimates of mine life; estimates of future external rates of return, mining costs, cash costs, mine site costs and other expenses; estimates of future capital expenditures and other cash needs, and expectations as to the funding thereof; statements and information as to the projected development of certain ore deposits, including estimates of exploration, development and production and other capital costs, and estimates of the timing of such exploration, development and production or decisions with respect to such exploration, development and production; estimates of reserves and resources, and statements and information regarding anticipated future exploration; the anticipated timing of events with respect to the Company’s mine sites and statements and information regarding the sufficiency of the Company’s cash resources. Such statements and information reflect the Company’s views as at the date of this document and are subject to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such statements and information. Many factors, known and unknown could cause the actual results to be materially different from expressed or implied by such forward looking statements and information. Such risks include, but are not limited to: the volatility of prices of gold and other metals; uncertainty of mineral reserves, mineral re-sources, mineral grades and mineral recovery estimates; uncertainty of future production, capital expenditures and other costs; currency fluctuations; financing or additional capital requirements; costs of exploration and development programmes; mining risks; community protests; governmental and environmental regulation and the volatility of the Company’s stock price. For a more detailed discussion of such risks and other factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this document, see the Company’s Annual Report for the year ended 30 June 2016, as well as the Company’s other filings with the Australian Securities Exchange. The Company does not intend, and does not assume any obligation, to update these forward-looking statements and information.
Competent Persons StatementThe information in this presentation relates to Exploration Results is based on the information reviewed by Rodney Foster who is a member of the Australasian Institure of Mining and Metallurgy, Rodney Foster is a Director and full time employee of the Company. He has sufficient experience which is relevant to the miner-alisation 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 Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Rodney Foster consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. This information with respect to Resources was prepared and first disclosed under JORC Code 2004. It has not been updated since to comply with JORC 2012 on the basis that the information has not materially changes since it was last reported. A process of review is underway.
Disclaimer
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The Objective
To unlock the potential within a gold-endowed structure, known to contain significant gold
occurrences, still only lightly explored.
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Regional Overview
• Located near Leonora, 240km north of Kalgoorlie; the heart of Western Australia’s goldfields.
• Excellent existing regional infrastructure.
• Project overlies Mertondale Shear Zone; a regional deep seated structure, important focus for gold bearing fluids.
Redcliffe Gold Project
CARDINIA
ORIENT WELL
APOLLO HILL
Leonora
Nambi
Granitoid
Greenstone
Sediment / F. Volcanic
Ultramafic
Other faults
M oz Gold Production & Resources
Gold Mine / Deposit
Nickel
Copper
0 50km
6800000 mN
6850000 mNBANNOCKBURN
300000 mE 350000 mE
MERTO
NDALE SHEAR ZONE
MERTO
NDALE SHEAR ZONECEILIA LINEAMENT
KEITH KILKENNY TECTONIC ZONE
CEILIA LINEAMENT
KEITH KILKENNY TECTONIC ZONE
THUNDERBOX (~3.0M oz)
HARBOUR LIGHTS (0.37M oz)
TOWER HILL (1.5M oz)
SONS OF GWALIA (5.1M oz)
TARMOOLA (3.1M oz) MERTONDALE (0.25M oz)
MERTONDALE 3 & 4 (0.18M oz)
MERTONDALE 5 (39,000 oz)
KELLY (80,000 oz)
NAMBI (86,500 oz)
REDCLIFFE (89,000 oz)
GTS (90,500 oz)
Regional: +15Moz
Gold endowment
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Project Overview
360000 mE340000 mE
6830000 mN
6850000 mN
6870000 mN
0 10km
MSZ
Fault / Shear Zone
Dyke
Black-Graphitc Shale
Quartz-mica schist
Granitoid
Granitoid (Internal)
Basalt, minor felsic volcanic
Sediment / F. Volcanic
Ultramafic
NTM Gold Resource
Tenement
Associated with MSZ}
MSZMSZ
MSZMSZ
Nambi
• Numerous deposits along the Mertondale Shear Zone.
• High Graded pits had ore transported off site in the 1990’s.
• Total project area of 160km2 – resources within granted mining licences.
• Current resources open along strike and at depth, still growing.
Nambi 52,000oz
Redcliffe 31,000oz
Kelly 80,400oz
West Lode 15,000oz
Golden Terrrace North 2,000oz
Golden Terrrace South 90,500oz
Mertondale 5
Mertondale 3 & 4
Mertondale 2
Resources
MSZ: +1.4Moz
Gold past & present endowment
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Project Overview
• Previous gold production within Project: 90,500oz (Nambi & Redcliffe) – shallow open pits
• Current gold resource estimates: 278,000oz (5.48 Mt @ 1.57g/t)
Indicated: 84,000oz (0.969 Mt @ 2.70g/t)
Inferred: 193,000oz (4.512 Mt @ 1.33 g/t)
Resources & Estimates*
Mertondale Shear Zone: +1.4Moz
* See Appendix
Gold past & present endowment
0 10km
360000 m E340000 mE
6830000 mN
6850000 mN
6870000 mN
Nambi 52,000oz
Redcliffe 31,000oz
Kelly 80,400oz
West Lode 15,000oz
Golden Terrrace North 2,000oz
Golden Terrrace South 90,500oz
Mertondale 5
Mertondale 3 & 4
Mertondale 2
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358000 mE
0 5km2.5
Mertondale Shear Zone
Tenement Boundary
Fault / Shear Zone
Dyke
1.0 to 5.0 Au (ppm)
> 5.0 Au (ppm)
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 358000 mE
6840000 mN 6850000 mN
358000 mE Section looking WEST+/- 1500m x2 vertical exageration
GTS / Kelly GroupMertondale 5
Mertondale 5
Redcliffe / Nambi Group
5km 5km
• Numerous deposits/prospects.• Limited deep drilling along major gold endowed structure.
Project Overview
MSZ longitudinal section
• Areas of discovery mostly outcrop.• Vast areas under shallow cover.
Golden Terrace South Kelly
Redcliffe Nambi
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• Two mineralised bounding shears: – Great Western Fault & Mertondale Shear > 170,000oz resource. Strong potential for growth.
Project Overview
Golden Terrace South / Kelly Group
• GTS and numerous prospects associated with Great Western Shear.
• Kelly prospects associated with Mertondale Fault.
358000 mE Section looking WEST+/- 1500m x2 vertical exageration
Great Western Trend
MSZMSZ
OPENOPEN
Kelly Trend
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Great Western Fault
Mertondale Fault
358000 mE
0 1km0.5
6837500 mN 6843000 mN
500m
250m
GTS (90,500oz)66m @ 3.70g/t44m @ 6.41g/t12m @ 16.68g/t
Jess 6m @ 0.73
GTN 12m @ 4.29g/t3m @ 18.82g/t4m @ 9.64g/t
Barry 6m @ 3.03g/t3m @ 3.90g/t
Kelly (80,000oz) 15m @ 8.04g/t9m @ 6.35g/t24m @ 1.65g/t
GTS Next 3m @ 2.37g/t1m @ 10.28g/t
Mertondale Shear Zone
Interpreted mineralised trend (+0.1g/t)
Tenement Boundary 1.0 to 5.0 Au (ppm)
> 5.0 Au (ppm)
Golden Terrace South GTS Next
Kelly
BarryGTN
Jess
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Redcliffe Gold Project
• GTS Deposit: 90,500oz (1.31Mt @ 2.02g/t)*
• Part of Great Western Trend (Western side of MSZ, along Great Western Fault).
• Open Pit potential, primary high grade mineralisation – open.
• Drilling planned to define high grade shoots.
GTS Deposit Plan
* See Appendix
111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
Gre
at W
este
rn F
ault
Gre
at W
este
rn F
ault
MERTONDALE SHEAR ZONEMERTONDALE SHEAR ZONE
16m @ 4.98 g/t44m @ 6.41 g/t
66m @ 3.70 g/t
22m @ 2.07 g/t12m @ 11.36 g/t14m @ 2.44 g/t
15m @ 5.78 g/t
9m @ 4.28 g/t
13m @ 3.24 g/t19m @ 3.80 g/t
12m @ 16.68g/t8m @ 6.02 g/t
11m @ 3.17 g/t17m @ 6.45 g/t
13m @ 2.18 g/t
6m @ 6.08 g/t
357500mE 357600mE
6838400mN
6838300mN
6838200mN
6838100mN
357400mE
Deposit Plan
November 2016 GDA 94 Zone 51
0 100m25
Quartz-mica schist (Felsic)
Basalt, minor felsic volcanic (Mixed Sequence)
2016 Drilling
Previous Drilling
Great Western Fault
Fault
Mineralised Envelope (+0.1g/t)
(Projected to surface)
Black Shale
Section 6838270mNSection 6838270mN
Golden Terrace South
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Redcliffe Gold Project
• High grade mineralised zone hosted in felsic volcanics and sediments (inc. black shale).
• Strong structural control – north plunging shoots.
• Primary mineralisation open at depth and along strike.
GTS Deposit High Grade Zone
GTS Sections and core, Chasing HG zone with DD Core for structural info
380
400
360
420
440
480RL
357550mN357450mN
460
APPROX. SURFACE
Approx BOX
GTRC
387
GTRC
386
GTRC
199
GTRC
198
GTRC
197
GTRC
196
80
89
101
119
138
126
ZONE OF DEPLETION
23m @ 3.81g/t from 91m
8m @ 8.31g/t from 79m
12m @ 11.45g/t from 56m
7m @ 1.52g/t from 63m
8m @ 2.98g/t from 52m
?
?
?
?
?
?
16m @ 4.98g/t from 35m
GTRC38744m @ 6.41g/t from 61minc. 9m @ 5.36g/t from 61m 27m @ 8.44g/t from 78m inc. 3m @ 45.9g/t from 84m 4m @ 9.96g/t from 93m
GTRC38666m @ 3.70g/t from 60minc. 12m @ 4.59g/t from 60m 16m @ 7.53g/t from 75m 33m @ 2.03g/t from 93m
14m @ 2.08g/t from 112mto EOH
Golden Terrace SouthSection 6838270mNSection looking North +/-10mDrill hole intercept, metres at g/t gold)November 2016. GDA 94 Zone 51
>0.5g/t lower cut. Max. interval dilution. No upper cutDrill hole (RC)June 2016 Drill hole (RC)
Drill holes
0 25m10
Anomalous gold +0.1g/tFelsic - Intermediate schistShale (black)Sediment (fine grained)B.O.X = Base Of Oxidation
Geology
Previous RC Drilling Results
Recent RCDrilling Results
0.7m @ 3.82 g/t
1m @ 3.22 g/t
0.9m @ 5.36 g/t
1m @ 6.94 g/t
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Redcliffe Gold Project
• Part of Kelly Mineralised Trend along Mertondale Fault (East side of MSZ).
• Very Large Mineralised zone, +2km strike, up to 100m wide – open along strike and at depth.
• 2.4Mt @ 1.04g/t* (80,400oz @ 0.5g/t)
• 7.87Mt @ 0.63g/t* (159,400oz @ 0.2g/t)
• Higher grade areas within broad mineralised zone yet to be fully defined.
Kelly Deposit Plan1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
KELLY MID
MERTONDALE SHEAR ZONEMERTONDALE SHEAR ZONE
Mer
tond
ale
Faul
tM
erto
ndal
e Fa
ult
KELLY NORTH
2m @ 9.8 g/t
39m @ 1.35 g/t
4m @ 16.2 g/t
3m @ 4.42 g/t
33m @ 1.23 g/t
7m @ 1.39 g/t
11m @ 1.01 g/t
15m @ 2.00 g/t
7m @ 2.80 g/t
14m @ 1.56 g/t
6m @ 6.40 g/tinc. 2m @ 14.48 g/t
20m @ 2.92 g/tinc. 8m @ 5.29 g/t
7m @ 1.32 g/t9m @ 1.66 g/t
13m @ 1.56 g/tinc. 3m @ 2.90 g/t
7m @ 2.20 g/t7m @ 1.31 g/t
8m @ 2.56 g/tinc. 1m @ 12.35 g/t
9m @ 6.35 g/tinc. 2m @ 26.12 g/t
9m @ 5.06 g/tinc. 1m @ 39.72 g/t
24m @ 1.64 g/tinc. 10m @ 2.62 g/t
5m @ 7.42 g/tinc. 1m @ 14.08 g/t
1m @ 18.49 g/t6m @ 2.29 g/t
inc. 1m @ 6.56 g/t
20m @ 1.37 g/tinc. 6m @ 2.60 g/t
19m @ 1.13 g/t6m @ 2.77 g/t
inc. 3m @ 3.98 g/t
15m @ 1.72 g/tinc. 4m @ 3.00 g/t
5m @ 2.08 g/t
5m @ 4.61 g/t2m @ 112.6 g/t15m @ 8.04 g/t
1m @ 39.31 g/t6m @ 2.69 g/t
inc. 1m @ 12.72 g/t
OPEN
?
?
?
?
2m @ 10.46 g/t
358200mE358000mE
68542400mN
6842200mN
6842000mN
357800mE
Kelly ProspectCollar Plan
October 2016 GDA 94 Zone 51
0 200m50
Mertondale Shear Zone
Quartz-mica schist (Felsic)
Basalt, minor felsic volcanic (Mixed Sequence)
Previous RC Drilling
Previous reported highlight
NTM 2016 Drilling
New result highlight
Mineralised Kelly Trend (+0.1g/t)
(Projected to surface)
Kelly North
Section 6842327mNSection 6842327mN
11* See Appendix
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Redcliffe Gold Project
0.54
0.54
0.500.500.54
0.890.67
0.53
0.87
0.660.960.650.94
0.80
0.68
0.720.69
0.560.520.65
0.840.600.980.87
0.790.560.51
0.54
0.59
0.75
0.54
0.69
0.67
0.760.55
0.700.89
0.600.510.600.55
0.74
0.780.74
0.98
0.64
0.71
0.66
0.69
0.70
0.530.76
0.56
0.69
0.91
0.910.90
0.780.67
0.590.660.89
0.68
0.67
0.54
0.55
0.790.610.97
0.54
0.54
0.500.500.54
0.890.67
0.53
0.87
0.660.960.650.94
0.80
0.68
0.720.69
0.560.520.65
0.840.600.980.87
0.790.560.51
0.54
0.59
0.75
0.54
0.69
0.67
0.760.55
0.700.89
0.600.510.600.55
0.74
0.780.74
0.98
0.64
0.71
0.66
0.69
0.70
0.530.76
0.56
0.69
0.91
0.910.90
0.780.67
0.590.660.89
0.68
0.67
0.54
0.55
0.790.610.97
0.130.270.24
0.380.120.180.150.420.42
0.11
0.460.18
0.420.480.290.15
0.360.330.360.120.140.280.390.420.200.31
0.410.410.27
0.480.250.110.110.25
0.12
0.140.11
0.250.460.240.140.310.350.480.210.330.250.300.150.15
0.25
0.360.33
0.280.18
0.130.140.15
0.120.15
0.470.25
0.270.360.460.13
0.480.190.170.300.310.45
0.170.43
0.200.110.230.33
0.230.410.33
0.260.430.200.17
0.210.140.27
0.17
0.45
0.11
0.26
0.390.15
0.430.21
0.160.110.300.28
0.240.170.30
0.14
0.200.160.420.22
0.400.350.290.290.290.370.23
0.26
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0.340.140.120.410.14
0.140.11
0.270.140.19
0.350.11
0.320.300.360.200.300.17
0.310.340.470.44
0.240.150.190.200.250.230.15
0.140.110.190.17
0.170.13
0.220.180.190.110.120.120.20
0.120.170.13
0.270.16
0.200.130.35
0.170.170.170.400.15
0.230.18
0.38
0.32
0.240.390.180.190.18
0.270.260.42
0.320.390.26
0.380.500.190.17
0.180.130.130.140.12
0.240.460.13
0.230.420.19
0.380.180.330.11
0.21
0.15
0.130.180.190.270.49
0.26
0.320.330.400.360.17
0.130.270.24
0.380.120.180.150.420.42
0.11
0.460.18
0.420.480.290.15
0.360.330.360.120.140.280.390.420.200.31
0.410.410.27
0.480.250.110.110.25
0.12
0.140.11
0.250.460.240.140.310.350.480.210.330.250.300.150.15
0.25
0.360.33
0.280.18
0.130.140.15
0.120.15
0.470.25
0.270.360.460.13
0.480.190.170.300.310.45
0.170.43
0.200.110.230.33
0.230.410.33
0.260.430.200.17
0.210.140.27
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0.45
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0.430.21
0.160.110.300.28
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0.14
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0.270.16
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0.38
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Appro
x.
base
of oxid
ation
11111111111111111111111111111111111111
11111111111111111111111111111111111111
11111111111111111111111111111111111111
1111
1111
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1111
1111
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1111
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111
358050E 358100E358000E
400m
450m
500m
0 50m25Section looking North +/-10m. Drill hole intercept, metres at g/t gold)
Mineralised Zone (interpreted shear related)
Mineralised Zone (quartz related)
Alteration Corridor (strong, proximal; sericite/Fe carbonate/sulphide/chlorite/silica+/- hematite)
Alteration Corridor (moderate; silica/carbonate/chlorite)
Shear Zone (stong – mylonitised)
Shear Zone (moderate)
15m @ 8.04g/tincluding 6m @ 17.32g/t
Highly weathered cream clays after porphyry?
Lateritised / soil Silicified felsic schist hardpan
Approx. surface
H G
TRC3
43
H G
TRC3
31
H G
TRC3
32
H G
TRC3
33
H G
TRC3
44
H G
TRC3
45
5m @ 4.61g/t
2m @ 112.6g/t
5m @ 4.81g/t
6m @ 1.44g/t
4m @ 3.10g/t
2m @ 4.65g/t
5m @ 2.69g/t
Kelly NorthShear / Alteration / Mineralisation Model Schematic Cross Section 6842340mNNovember 2016 GDA 94 Zone 51
OPEN
• Mineralisation in sheared, Quartz-Pyrite veined dacite rocks.
• Oxide zone to +90m downhole.
• Controls to primary mineralisation to be determined – drilling planned.
• Open at depth and along strike.
• Kelly is a large lower-grade oxide deposit – potential for open pit ‘mainstay’.
Kelly Deposit Section
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358000 mE Section looking WEST+/- 1500m x2 vertical exageration
MSZMSZ
OPEN OPEN OPEN
1 1 1 1 1
1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Great Western Fault
Mertondale Fault
0 1km0.5
Mertondale Shear Zone
Interpreted mineralised trend (+0.1g/t)
6853500 mN 6858500 mN
500m
250m
Golden Spear24m @ 4.30g/t4m @ 41.9g/t
Redcliffe8m @ 4.09g/t6m @ 4.46g/t
Gully South11m @ 2.57g/t
Nambi South25m @ 3.57g/t6m @ 4.65g/t
Nambi6m @ 6.62g/t10m @ 5.67g/t10m @ 8.45g/t
West Lode17m @ 2.84g/t3m @ 13.57g/t
1.0 to 5.0 Au (ppm)
> 5.0 Au (ppm)
Golden Spear
Mesa West
MesaWest Lode
Redcliffe
Gully South
Nambi South
Nambi
Gully
Redcliffe Gold Project
Redcliffe / Nambi Group
• Interpreted northern continuities of Great Western Trend and Kelly Trends.
• Previous production in shallow open pits (3-4g/t) to ~60m.
• Numerous priority targets to test. • Resources open along strike at depth.
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Redcliffe Nambi Group
• Historical pit 400 x 60m deep. 32,000oz @ 3-4g/t (1990’s).
• Mineralisation in multiple silica sulphide lodes: Main, E1 and E2 Lodes.
• Nambi system shows strong continuity along strike and depth.
• Deeper DDH drilling (July ‘16) intersected Main & East Lode well below historical pit.
• Open to north, and depth – drilling planned.
Nambi Deposit Plan
358700mE358600mE
6858300mN
6858200mN
6858100mN
6858000mN
358500mE
NBRC112D
NBRC111
NBDD0001
MAIN LODE6m @ 6.62g/t from 159.5minc. 1m @ 23.64g/t from 163.5m
E1 LODE2.5m @ 4.55g/t from 80.5m
E1 LODE3.2m @ 9.86g/t from 239m
MA
IN L
OD
E
E1 L
ODE
E2 L
ODE
MA
IN L
OD
E
E1 L
ODE
MA
IN L
OD
E
E1 L
ODE
E2 L
ODE
MA
IN L
OD
E
E1 L
ODE
See section 6858210N
Pit O
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Nambi Project Geology & Drill hole location planAugust 2016 GDA 94 Zone 51
MineralisatonPit outlineDrill holeNew drill hole
0 50m25
Dolerite Chert Felsic PorphyryDolerite DykeFault/Shear
BasaltFelsic SedimentShaleIntermediate SedimentMylonite
Geology
6m @ 6.62 g/t Au
159.5m
165.5m
incl. 1m @ 23.64 g/t Au
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Redcliffe Nambi Group
?
?
?
?
?
?
500RL
400m
200mL
100mL
6858000mE 6858200mE
40
43
23
85
41
1
40 57
INTERPRETED PLUNGE
INTERPRETED PLUNGE
5m @ 8.02g/t
APPROX. PIT OUTLINE
6m @ 6.60g/t
5m @ 4.60g/t
10m @ 8.45g/t
6m @ 6.62g/t
10m @ 5.67g/t
APPROX. SURFACE
OPEN
TARGET AREAS
7m @ 6.12g/t
Nambi Main LodeSchematic Long SectionMineralised intercept calculated as gram.metresIntercepts projected to 358600mEOctober 2016 GDA 94 Zone 51
2016 drill hole with results Historical result 2016 drill hole (gxm)41
NBDD001
7m @ 6.12g/t
Anomalous gold +10gxmAnomalous gold +20gxmHistorcal drill hole pierce point (g/m)Pierce point of proposed DC holes (Phase 1)
0 100m
• Current Resource Estimate: 560,000t @ 2.88g/t (52,000oz)*
• Silica-pyrrhotite lodes in mylonitised sediment/volcanics.
• Potential for open pit cut back and ongoing U/G operation to depth.
• Interpreted southerly plunging shoots.
• Coherent high grade mineralisation defined to ~100m beneath base of pit.
• Drilling planned.
Nambi Deposit High Grade
* See Appendix
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358000 mE
0 5km2.5
Mertondale Shear Zone
Tenement Boundary
Fault / Shear Zone
Dyke
1.0 to 5.0 Au (ppm)
> 5.0 Au (ppm)
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 358000 mE
6840000 mN 6850000 mN
358000 mE Section looking WEST+/- 1500m x2 vertical exageration
Exploration Blue Sky - Excellent Upside
• Increase known resources along strike and at depth: targets identified.
• Systematically explore untested areas along MSZ using geology, structural geophysics and geochemistry.
Uncover full Redcliffe Gold Project potential
GTS / Kelly Group
GTS / Kelly Group
Mertondale 5 Redcliffe / Nambi Group
Redcliffe / Nambi GroupMertondale 5
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358000 mE
0 5km2.5
Mertondale Shear Zone
Tenement Boundary
Fault / Shear Zone
Dyke
1.0 to 5.0 Au (ppm)
> 5.0 Au (ppm)
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 358000 mE
6840000 mN 6850000 mN
358000 mE Section looking WEST+/- 1500m x2 vertical exageration
Exploration Blue Sky - Excellent Upside
• Shallow cover masks target mineralisation along MSZ.• Majority of historical drilling failed to penetrate cover
and/or depleted zone. <20 holes +200m over 30km with 65% of drilling <50m total depth.
• Systematic deeper RAB/AC drilling ~100,000m planned.
• Potential for major discovery within 10km corridor between GTS/Kelly and Redcliffe Nambi Group.
Regional exploration drilling
10km
Scout drilling program
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358000 mE
0 5km2.5
Mertondale Shear Zone
Tenement Boundary
Fault / Shear Zone
Dyke
1.0 to 5.0 Au (ppm)
> 5.0 Au (ppm)
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 358000 mE
6840000 mN 6850000 mN
358000 mE Section looking WEST+/- 1500m x2 vertical exageration
Exploration Blue Sky - Excellent Upside
Regional exploration drilling
10km
Shallow cover
• Shallow cover masks target mineralisation along MSZ.• Majority of historical drilling failed to penetrate cover
and/or depleted zone. <20 holes +200m over 30km with 65% of drilling <50m total depth.
• Systematic deeper RAB/AC drilling ~100,000m planned.
• Potential for major discovery within 10km corridor between GTS/Kelly and Redcliffe Nambi Group.
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Corporate Summary
As at 4 Nov 2016
3 Nov 2015 3 Nov 2016July 2016
Paul Price Chairman
Rodney Foster CEO
Lloyd Jones Non Executive Director
Mark Maine Company Secretary
Lyle Thorne Consultant Geologist
Shares on Issue: 226.3 million
Market Cap: $18.1m ($0.08)
Top 20 holders: 45.7%
Directors Hold: 8.4%
Total Shareholders: 1,776
Share Price (ASX Code: NTM)
Board & Management Share Structure
$0.08
$0.04
$0.00
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Appendix
Resource Estimates
Indicated Inferred Total
Deposit Tonnes g/t ounces Tonnes g/t ounces Tonnes g/t ounces
GTS 707,000 2.46 56,000 684,000 1.56 34,000 1,391,000 2.02 90,500
Nambi 262,000 3.3 28,000 298,000 2.5 24,000 559,000 2.88 52,000
Redcliffe 560,000 1.7 31,000 560,000 1.7 31,000
West Lode 373,000 1.2 15,000 373,000 1.2 15,000
Mesa 95,000 1.5 5,000 95,000 1.5 5,000
GT North 64,000 1.53 3,200 64,000 1.5 3,200
Golden Spear 26,000 1.6 1,000 26,000 1.6 1,000
Kelly 2,412,000 1.04 80,400 2,412,000 1.04 80,400
TOTAL 969,000 2.7 84,000 4,512,000 1.33 193, 600 5,480,000 1.57 277,600
References:
1. Resources estimations were carried out by independent consultants as detailed below:
Golden Terrace South (GTS): BGMS (Kalgoorlie, 2011)
Nambi: Coffey Mining (Perth, 2008)
Redcliffe: Coffey Mining (Perth, 2008)
West Lode: Coffey Mining (Perth, 2008)
Mesa: Coffey Mining (Perth, 2008)
Golden Terrace North (GTN): BGMS (Kalgoorlie, 2011)
Golden Spear: Coffey Mining (Perth, 2008)
Kelly: BGMS (Kalgoorlie, 2012)
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NORTHERN MANGANESE LIMITEDASX CODE: NTM November 2016
Redcliffe Gold ProjectQuestions
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