NORTHERN MANGANESE LIMITED ASX CODE: NTM … · alisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent Person as

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.


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


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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• 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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• 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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• 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


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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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

0.18

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

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

0.18

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

1.64

3.231.351.20

3.357.16

2.353.29

1.30

1.37

1.191.931.70

3.211.79

1.62

1.061.781.466.29

1.37

1.08

1.711.11

1.02

2.0914.267.71

231.531.46

1.05

2.034.2919.2737.693.0034.036.672.711.021.983.981.341.631.32

1.23

2.79

3.16

1.011.303.83

1.33

1.41

8.61

1.62

1.29

3.8818.93

1.311.35

1.31

1.36

1.04

1.12

2.82

12.05

1.33

1.64

3.231.351.20

3.357.16

2.353.29

1.30

1.37

1.191.931.70

3.211.79

1.62

1.061.781.466.29

1.37

1.08

1.711.11

1.02

2.0914.267.71

231.531.46

1.05

2.034.2919.2737.693.0034.036.672.711.021.983.981.341.631.32

1.23

2.79

3.16

1.011.303.83

1.33

1.41

8.61

1.62

1.29

3.8818.93

1.311.35

1.31

1.36

1.04

1.12

2.82

12.05

1.33

Appro

x.

base

of oxid

ation

11111111111111111111111111111111111111

11111111111111111111111111111111111111

11111111111111111111111111111111111111

1111

1111

1111

1111

1111

1111

1111

1111

1111

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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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


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 / 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


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


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


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



• 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


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



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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Documents

NORTHERN MANGANESE LIMITED ASX CODE: NTM … · alisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent Person as