NORTHERN EMPIRE

Proven & Probable is proudly sponsored by:

GOLD EXPLORATION AND DEVELOPMENT IN NEVADA

TSX-V: NM | OTC: PSPGF

www.NORTHERNEMP.com

CORPORATE PRESENTATION ⇐


Northern Empire Resources Corp. (TSXV: NM) (OTC: PSPGF) is expanding and discovering heap leach gold deposits in Nevada. The Company presently has initial resource statements on four heap-leachable deposits at the 100%-owned Sterling Gold project, including the high-grade, fully permitted Sterling Mine. Using a 0.3 g/t cut-off the pit constrained inferred resources on the property total 947,000 with an average grade of 1.26 g/t Au. For further information on the Sterling Project, please refer to the technical report on the Sterling Project dated July 12, 2017, found on the Company’s website and SEDAR. The Company is well-financed and is aggressively drilling all four deposits in 2018 to increase resources and explore for new discoveries on the district-scale land package. Founders and management have a track record of increasing shareholder value through discovery, project development and M&A in leadership positions at success stories such as Newmarket Gold, Kaminak Gold, Underworld Resources and International Royalty Corp.

Northern Empire is a TSX Venture listed gold development and exploration company focused on advancing our permitted Sterling Gold Property in Nevada.

Investment Highlights:

  • Fully permitted, open-pit heap leach project in Nevada

  • High-grade oxide gold deposits

  • Existing infrastructure

  • Total pit constrained inferred resource of 947,000oz at 1.26 g/t Au

  • Exploration upside with district-scale potential

  • Working capital +C$15 million

  • 15,000 meter drill program underway


STERLING MINE

 

Northern Empire acquired the Sterling Gold Project from Imperial Metals Corporation in May of 2017. It is comprised of two deposit areas, the fully-permitted Sterling Mine and the Crown block of deposits in the northern part of the property. The Sterling Mine hosts a pit-constrained, inferred resource of 254,000oz at 2.57 g/t gold at a 0.3 g/t cut-off*.

The Sterling Mine operated historically as three separate open pits and two underground mines. Total gold production from the Sterling Mine between 1980 and 2000 was 194,996 ounces of gold from 853,984 tonnes of ore, with an average gold grade of 7.44 g/t. Production at the Sterling Mine has shown, through historical operations, that the ore body is amenable to heap leaching. Ore was mined from open pit and underground sources and was placed run-of-mine on heap leach pads where gold recoveries averaged 88%.

Northern Empire has the four major permits required to restart and operate the Sterling Mine. The amended Plan of Operations, the Water Pollution Control Permit, the Nevada Reclamation Permit and the Air Quality Operating Permit.

In 2017, the Company drilled 49 holes confirming and expanding the Sterling Mine.  Part of that work identified a zone of potential shallow mineralization associated with a mapped structure that exits the Ambrose pit and was intercepted by drilling on Water Tank Hill.  Holes into this structure, now referred to as the “Sterling Connector”, include STR17-010C which returned 8.66 g/t Au over 9.05 meters at a depth of 1.34 meters, STR17-039C, which returned 6.07 g/t Au over 7.92 meters starting at a depth of 0.61 meters and STR17-049C, which returned 3.90 meters grading 2.44 g/t Au starting at a depth of 25.21 meters.

In addition to exploring the Sterling Connector, the Company will be drilling the “Sterling Flats” target located to the west of the Sterling Mine deposit where drilling has identified the host structure of the Sterling Mine resources, indicating a possibility of further expansion of the known resource.

Drilling in 2018 will consist of approximately 25 new holes totaling approximately 2,100 meters. Upon completion of this program, and the receipt of pertinent assay results, Northern Empire will initiate a resource estimate revision at the Sterling Mine, to incorporate the drilling success to date.

* Please refer to the technical report on the Sterling Project dated July 12, 2017, found on the Company’s website and SEDAR.


CROWN SERIES OF DEPOSITS

DAISY MINE

The Daisy Deposit is located in the footwall of the Fluorspar Canyon detachment fault and is the westernmost of the known deposits within the Fluorspar Canyon Trend. It is a sediment-hosted gold deposit with a Carlin-type geochemical signature. The Daisy Deposit contains an inferred resource of 232,000 oz of gold at an average grade of 1.47 g/t Au. Recent drilling by Northern Empire is highlighted by D18-003C which returned 125 meters of 1.4 g/t gold and D17-002 which returned 47 meters of 1.47 g/t Au. Cyanide solubility assays averaged 90% of these fire assay numbers, indicating the Daisy deposit may be amenable to open pit mining with heap leach recovery of gold. Additional holes will be drilled at Daisy as part of the current 15,000 meter program.

SECRET PASS

The Secret Pass Deposit was a past producing open pit, heap leach gold mine and currently hosts an inferred resource of 335,000 oz grading 0.93 g/t Au at a 0.3 g/t cut-off*.  Secret Pass is an epithermal deposit hosted within Tertiary Volcanics (Bullfrog Tuff) in the hanging wall of the Fluorspar Canyon Detachment fault. The Company is currently focused on drilling to the west and east and mapping the structural corridor to the south of the Secret Pass Deposit, as gold mineralization appears to be open in all directions.

The Secret Pass Deposit is similar to the past producing Bullfrog Mine located 12 km to the west, and the Mother Lode Mine located 3.4 km to the northeast.  From 1989 through 1999, the Barrick Bullfrog Mine produced a total of 2,313,643 ounces of gold and 3,026,451 ounces of silver**. The Secret Pass Deposit is located approximately 1.8 km to the northeast of the Daisy deposit. Recent drilling at Secret Pass is highlighted by SP18-003C which returned 70 meters of 1.8 g/t gold. Cyanide solubility assays averaged 95% of the reported fire assays in the upper oxide portion of this hole. This was the first of 13 planned holes at Secret Pass in 2018.

SNA

The SNA deposit is the easternmost of the 3 deposits controlled by the Company within the Fluorspar Canyon Trend. The SNA Deposit is an inferred resource totalling 126,000 oz grading 1.03 g/t Au at a 0.3 g/t gold cut-off*. SNA is described as a Carlin-Type deposit hosted within Devonian Carbonates in the footwall of the Fluorspar Canyon Detachment Fault.

The SNA deposit is located approximately 400 meters to the south of the past producing Mother Lode pit, and may represent a southern extension of that mineralization. The SNA deposit is located approximately 4.6 km to the northeast of the Daisy Deposit and 3.3 km northeast of the Secret Pass Deposit

* Please refer to the technical report on the Sterling Project dated July 12, 2017, found on the Company’s website and SEDAR.

** Sourced from USGS Mineral Resources Data System.