Member Company Profile

Northern Empire Resources (TSXV: NM; USOTC: PSPGF) is a well-financed gold exploration and development company focused on an emerging heap leach gold district in southern Nevada. The 100%-owned, Sterling Gold Project hosts four distinct deposits, including the fully permitted, heap leach Sterling Mine. Northern Empire is led by an experienced team of professionals with an exceptional record of creating value for shareholders (Newmarket Gold, Kaminak Gold, Underworld Resources, and International Royalty Corp). The Company completed a successful drill campaign in 2017 and will aggressively drill known mineralized zones in 2018 to expand resources and explore for new deposits on its 125 km2 land package.

IR Contact

Dylan Berg
6046464522
[email protected]
www.northernemp.com

Address

800 West Pender Street, 10th Floor
Vancouver, BC V6C 2V6
Canada

Cautionary Information

© Copyright 2018, Denver Gold Group & Northern Empire Resources.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

You must read the following before continuing. The following applies to this document, the presentation of the information in this document and any question-and-answer session that may follow (collectively, the “Presentation”). In viewing the Presentation, you agree to be bound by the following terms and conditions.

While the information contained herein has been prepared in good faith, neither Northern Empire Resources Corp. (“Northern Empire” or the “Company”) nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as “Information”) and liability therefore is expressly disclaimed to the fullest extent permitted by law. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation. This Presentation is subject to material updating, revision and further amendment.

This Presentation contains “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). All statements, other than statements of historical fact, that address activities, events or developments that Northern Empire believes, expects or anticipates will or may occur in the future including, without limitation: estimates of the Sterling Gold Project economics, proposed production timelines and rates; funding availability; resource estimates; and future exploration and operating plans are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of Northern Empire based on information currently available to Northern Empire and often use words such as “expects”, “plans”, “anticipates”, “estimates”, “intends”, “may” or variations thereof or the negative of any of these terms.

All forward-looking statements are made based on Northern Empire’s current beliefs as well as various assumptions made by them and information currently available to them. Generally, these assumptions include, among others: the presence of and continuity of metals at the Sterling Gold Project at estimated grades; the availability of personnel, machinery and equipment at estimated prices and within estimated delivery times; currency exchange rates; metals sales prices and exchange rates assumed; tax rates and royalty rates applicable to the proposed mining operation; the availability of acceptable financing; anticipated mining losses and dilution and success in realizing proposed operations.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Northern Empire to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Northern Empire. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to timing and amount of production and total costs of production; risks and uncertainties related to ability to obtain or maintain necessary licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining development activities; risks and uncertainties related to the accuracy of mineral resource estimates and estimates of future production, future cash flow, total costs of production and diminishing quantities or grades of mineral resources; the possibility that future exploration, development or mining results will not be consistent with Northern Empire’s expectations; risks relating to variations in the mineral content within the mineral identified as mineral resources from that predicted; variations in rates of recovery and extraction; developments in world metals markets; and risks related to fluctuations in currency exchange rates.

Any forward-looking statement speaks only as of the date on which it was made, and except as may be required by applicable securities laws, Northern Empire disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Northern Empire believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to their inherent uncertainty.

All mineral resource information has been estimated and disclosed in accordance with the definition standards on mineral resources and mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian Securities Administrators National Instrument 43-101 (“NI 43-101”), which requires disclosure of mineral resource information. U.S. reporting requirements for disclosure of mineral properties are governed by the United States Securities and Exchange Commission Industry Guide 7, which sets forth substantially different guidelines than NI 43-101.

This presentation does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Compliance with NI 43-101

Certain information in this Presentation is derived from the results of a mineral resource estimate of the Sterling Gold Project effective March 29, 2017 prepared in accordance with NI 43-101, the results of which are disclosed in the Company’s press release dated April 3, 2017 titled “Northern Empire Announces Resource Estimate on Sterling Properties 709,000 oz Gold” (the “Northern Empire Resource Press Release”). A copy of the press release is available on the SEDAR website under the Company’s profile at www.sedar.com.

Northern Empire has not independently verified any of the data from third party sources referred to in this Presentation or ascertained the underlying assumptions relied upon by such sources. Northern Empire does not assume any responsibility for the accuracy or completeness of this information or for any failure by any such other persons to disclose events which may have occurred or may affect the significance or accuracy of any such information, but which are unknown to Northern Empire.

This Presentation contains statistical and technical data that were obtained from government or other industry publications, or publicly-filed disclosure documents prepared by other reporting issuers (or equivalent), or that is based on estimates derived from such publications and reports and Northern Empire’s knowledge of, and experience in, the markets in which Northern Empire operates. Government and industry publications and reports generally indicate that they have obtained their information from sources believed to be reliable, but do not guarantee the accuracy and completeness of their information. Information contained in publicly-filed disclosure documents prepared by other reporting issuers (or equivalent) is believed to be reliable, but Northern Empire does not guarantee the accuracy and completeness of such information. None of the authors of such publications, reports and filings has provided any form of consultation, advice or counsel regarding any aspect of, or is in any way whatsoever associated with, the preparation of this Presentation. Further, certain of these organizations are advisors to participants in the mining industry, or are participants in the mining industry themselves, and they may present information in a manner that is more favourable to that industry than would be presented by an independent source. Actual outcomes may vary materially from those forecast in such reports, publications or filings, and the prospect for material variation can be expected to increase as the length of the forecast period increases. While Northern Empire believes data extracted or derived from the aforementioned sources to be reliable, market and industry data is subject to variations and cannot be verified due to limits on the availability and reliability of data inputs, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any market or other survey.

Qualified Persons:

Michael G. Allen, P. Geo., President of Northern Empire, and a Qualified Person as defined by NI 43-101 National Instrument 43-101, has reviewed the technical information contained in this news release corporate presentation. He is the non-independent qualified person for this presentation and has verified the data.

Northern Empire Resources

Toronto Venture Exchange : NM

Last Updated: February 5, 2018

Status: Explorer
Primary Mineral: Gold
Primary Country of Operation: United States
Value Drivers
  • Located in Southern Nevada, one of the best places in the world to be a junior miner.
  • Four high-grade, heap-leachable deposits, one permitted for restart, the other previously permitted.
  • Significant expansion potential of current brownfield resources with several additional prospective undrilled targets.
Top Shareholders
  • Donald Smith
  • Invesco
  • Mackenzie
Management
Chairman: Douglas J. Hurst
President & CEO: Michael G. Allen
CFO: Paulo Santos
Other Key Staff: Adrian Fleming - Director
Ray Threlkeld - Director
John Robbins - Director
James Paterson - Director
Capital Structure
Common Shares Outstanding: 66,467,263
Float (%): 44.10
Warrants Outstanding: 10,743,308
Options Outstanding: 3,499,995
Fully Diluted Shares: 80,710,566
Stock as of Feb 18, 2018 6:42 AM MST | Exchange: Toronto Venture Exchange
Last Trade: Feb 16, 2018 8:59 PM MST Local: CAD Ch. Since Last
Last Price 1.36 -0.01, -0.7299% 1.08
Volume 277.62 K
Avg. Vol. 127.86 K
Bid 1.35 1.36 1.08
Mid 1.37 1.38 1.09
Ask 1.39 1.40 1.11
Open 1.34 1.35 1.07
High 1.43 1.44 1.14
Low 1.34 1.35 1.07
Close 1.37 1.38 1.09
52-Wk High 1.43 1.44 1.14
52-Wk Low 0.59 0.60 0.47
1-Wk High 1.43 1.44 1.14
1-Wk Low 1.21 1.22 0.96
Dividend 0.00 0.00
EPS -0.42 -0.33
Market Cap 62.50 M 62.50 M 49.81 M
Price 1 Wk Ago 1.21 1.22 0.96
Price 1 Mnth Ago 1.25 1.26 1.00
Price 3 Mnth Ago 0.90 0.91 0.72
Price 6 Mnth Ago 0.65 0.66 0.52
Price 1 Yr Ago 0.76 0.77 0.61

IR Contact

Dylan Berg
6046464522
[email protected]
www.northernemp.com

Address

800 West Pender Street, 10th Floor
Vancouver, BC V6C 2V6
Canada

Cautionary Information

© Copyright 2018, Denver Gold Group & Northern Empire Resources.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

You must read the following before continuing. The following applies to this document, the presentation of the information in this document and any question-and-answer session that may follow (collectively, the “Presentation”). In viewing the Presentation, you agree to be bound by the following terms and conditions.

While the information contained herein has been prepared in good faith, neither Northern Empire Resources Corp. (“Northern Empire” or the “Company”) nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as “Information”) and liability therefore is expressly disclaimed to the fullest extent permitted by law. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation. This Presentation is subject to material updating, revision and further amendment.

This Presentation contains “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). All statements, other than statements of historical fact, that address activities, events or developments that Northern Empire believes, expects or anticipates will or may occur in the future including, without limitation: estimates of the Sterling Gold Project economics, proposed production timelines and rates; funding availability; resource estimates; and future exploration and operating plans are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of Northern Empire based on information currently available to Northern Empire and often use words such as “expects”, “plans”, “anticipates”, “estimates”, “intends”, “may” or variations thereof or the negative of any of these terms.

All forward-looking statements are made based on Northern Empire’s current beliefs as well as various assumptions made by them and information currently available to them. Generally, these assumptions include, among others: the presence of and continuity of metals at the Sterling Gold Project at estimated grades; the availability of personnel, machinery and equipment at estimated prices and within estimated delivery times; currency exchange rates; metals sales prices and exchange rates assumed; tax rates and royalty rates applicable to the proposed mining operation; the availability of acceptable financing; anticipated mining losses and dilution and success in realizing proposed operations.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Northern Empire to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Northern Empire. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to timing and amount of production and total costs of production; risks and uncertainties related to ability to obtain or maintain necessary licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining development activities; risks and uncertainties related to the accuracy of mineral resource estimates and estimates of future production, future cash flow, total costs of production and diminishing quantities or grades of mineral resources; the possibility that future exploration, development or mining results will not be consistent with Northern Empire’s expectations; risks relating to variations in the mineral content within the mineral identified as mineral resources from that predicted; variations in rates of recovery and extraction; developments in world metals markets; and risks related to fluctuations in currency exchange rates.

Any forward-looking statement speaks only as of the date on which it was made, and except as may be required by applicable securities laws, Northern Empire disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Northern Empire believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to their inherent uncertainty.

All mineral resource information has been estimated and disclosed in accordance with the definition standards on mineral resources and mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian Securities Administrators National Instrument 43-101 (“NI 43-101”), which requires disclosure of mineral resource information. U.S. reporting requirements for disclosure of mineral properties are governed by the United States Securities and Exchange Commission Industry Guide 7, which sets forth substantially different guidelines than NI 43-101.

This presentation does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Compliance with NI 43-101

Certain information in this Presentation is derived from the results of a mineral resource estimate of the Sterling Gold Project effective March 29, 2017 prepared in accordance with NI 43-101, the results of which are disclosed in the Company’s press release dated April 3, 2017 titled “Northern Empire Announces Resource Estimate on Sterling Properties 709,000 oz Gold” (the “Northern Empire Resource Press Release”). A copy of the press release is available on the SEDAR website under the Company’s profile at www.sedar.com.

Northern Empire has not independently verified any of the data from third party sources referred to in this Presentation or ascertained the underlying assumptions relied upon by such sources. Northern Empire does not assume any responsibility for the accuracy or completeness of this information or for any failure by any such other persons to disclose events which may have occurred or may affect the significance or accuracy of any such information, but which are unknown to Northern Empire.

This Presentation contains statistical and technical data that were obtained from government or other industry publications, or publicly-filed disclosure documents prepared by other reporting issuers (or equivalent), or that is based on estimates derived from such publications and reports and Northern Empire’s knowledge of, and experience in, the markets in which Northern Empire operates. Government and industry publications and reports generally indicate that they have obtained their information from sources believed to be reliable, but do not guarantee the accuracy and completeness of their information. Information contained in publicly-filed disclosure documents prepared by other reporting issuers (or equivalent) is believed to be reliable, but Northern Empire does not guarantee the accuracy and completeness of such information. None of the authors of such publications, reports and filings has provided any form of consultation, advice or counsel regarding any aspect of, or is in any way whatsoever associated with, the preparation of this Presentation. Further, certain of these organizations are advisors to participants in the mining industry, or are participants in the mining industry themselves, and they may present information in a manner that is more favourable to that industry than would be presented by an independent source. Actual outcomes may vary materially from those forecast in such reports, publications or filings, and the prospect for material variation can be expected to increase as the length of the forecast period increases. While Northern Empire believes data extracted or derived from the aforementioned sources to be reliable, market and industry data is subject to variations and cannot be verified due to limits on the availability and reliability of data inputs, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any market or other survey.

Qualified Persons:

Michael G. Allen, P. Geo., President of Northern Empire, and a Qualified Person as defined by NI 43-101 National Instrument 43-101, has reviewed the technical information contained in this news release corporate presentation. He is the non-independent qualified person for this presentation and has verified the data.