northspan - corporate presentation summer 2015 v4

GET MORE FOR YOUR DRILLING BUDGET!

Northspan Explorations Ltd.

• Canadian Reverse Circulation (RC) pioneer since the 80s

• Provides contract drilling services to the Canadian mineral exploration industry

• In-house designed powerful but highly mobile drills • First to use heli-portable RC in Canada

• Specializes in remote exploration and

overburden drilling

Northspan Management

Pat Mooney, President

• Founder of Northspan • More than 30 years of rotary drilling experience • Introduced light-weight RC in Canada in 2003 • Recognised RC expert, consulting to the drilling industry world-wide

Magnus Haglund, P.Geo, General Manager

• Professional geologist (BC), MSc • More than 20 years with private and public companies exploring for

diamonds, gold, uranium and emeralds in the Americas, Europe and Africa

NORTHSPAN RC Drilling 101

• Rock chips, not drill core

• HIGH ACCURACY, RELIABLE SAMPLES

• Large sample compared to core drilling

• Capable in difficult ground conditions

• Requires little or no water

• high penetration rates

• VERY EFFECTIVE DRILLING METHOD FOR 0-200M Holes

Canada - 5% RC vs 95% Core

• As a whole the Canadian corps of geologists is fairly unfamiliar with RC

• Traditionally, RC drills have

been heavy and unsuitable for remote areas

• Misconceptions are still

prevalent regarding RC’s compliance with NI43-101

• Some geos still think RC results can’t

be used in resource calculations

• RC is fast and cost-effective

• The Australian industry is used to RC and trusts its reliability

• Much of Australia lacks water

• Access is often easy for big truck-mounted RC drills

Australia - 90% RC vs 10% Core

RC is perfect also for Canada

• Bulky equipment is no longer a reason to shun RC • Northspan DESIGNED THE HORNET DRILL AND introduced light-weight RC in 2003

• Just like Australia, much of Canada has a water availability issue

• MANY AREAS ARE REMOTE AND Canada’s newest “frontier”, the Arctic, is basically a cold desert

• Even small diameter RC produces a sample 3.5 times the size of NQ core

• Superior repeatability in any situation with heterogenous mineralization

• Speed of RC drilling often means big savings on camp and logistics

Northspan Drill Fleet

Hornet Drill Primary uses:

Basal till sampling, target testing, Definition drilling, grade control, Hydrogeology, geotechnical drilling Kaminak Gold - Coffee Peregrine Diamonds - Chidliak Dominion Diamond – Lac de Gras Kivalliq ENERGY- Angilak Newmont – Hope Bay

Hornet XL Drill Primary uses:

Special overburden situations, Pre-Collaring, Definition drilling Fission Uranium - PLS

Northspan Hornet RC Drill


• Modular design built for mobility. Components CAN BE MADE TO weigh less than 1,250 lbs EACH

• Designed to be moved by light helicopter or fixed-wing (Twin Otter)

• Available in 100m (Hornet) and 200m (Super Hornet) hole depth configurations

• Can be equipped with tracks, mounted on skids, etc. • Ideal RC/RAB drill suitable for any stage of exploration/mining cycle

from basal till sampling and target testing to resource definition and grade control


Heli-Hornet Grasshopper – Hornet on tracks


200m Super Hornet at Hope Bay, NU

Hornet with dust collector UNIT exploring for uranium in Nunavut

HORNET ON SKIDS

Northspan Hornet XL Multi-Purpose Drill

• Multi-purpose drill originally designed to tackle overburden situations that cause problems for traditional drills

• Modular construction designed to be mobilized by light helicopter or light fixed-wing aircraft

• Versatile. Drill can employ several different overburden and drilling techniques. Arsenal includes RC, RAB, casing hammer and water hammer systems.

• The Hornet XL combines the capacities of much

larger “road-based” drills into a smaller package

Pre-collar drilling for uranium at Patterson Lake, SK

Northspan Hornet XL Multi-Purpose Drill

Benefits of Northspan Drilling

• Faster. Save money. Drill more holes.

• Produces reliable NI43-101 compliant results • RC is the most reliable method in several

geological scenarios

• Needs little or no water

• Make water lines a thing of the past!

• Light-weight and versatile

Cost savings And increased odds For

discovery

Contact us!

Northspan Explorations Ltd. 265 Lougheed Road Kelowna, BC V1V 2M1 Phone: 250-807 1959 Fax: 250-807 1961 E-mail: [email protected] Web: www.northspan.ca

northspan - corporate presentation summer 2015 v4

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