Update on the positive activity in diamond pipeline from rough to polished as well as a corporate update on North Arrow and the Naujaat Diamond Project located close to tidewater in Nunavut. Processing of a 2000 tonne sample is underway with diamond recovery results are expected from February to the end of April 2022. The Pikoo Project, SK makes its way back in to the presentation as the Company solidifies plans to conduct a drill program there in the summer of 2022.
North Arrow Minerals Corporate Overview - May24, 2017narminerals
An overview of North Arrow Minerals' projects with a focus on the 100% owned Naujaat Project and Mel Diamond Projects. Other active projects touched upon include the Lac de Gras and Loki Projects in the Lac de Gras region, the Pikoo Project in SK, and the Hope Bay Oro Gold Project, on strike from the Doris Mine in NU.
Secova is a Canadian gold exploration company based in Vancouver, BC focused on building a strong asset base through exploration of undervalued Canadian gold projects. Secova has entered into an agreement to acquire up to 90% of the Duvay advanced gold project in Amos, Quebec.
The Duvay Gold Project is comprised of 105 claims covering over 4,500 hectares and is located in a favourable geological setting with potential for hosting either a near surface bulk tonnage gold deposit or an Archean shearhosted gold deposit. The project is a near surface high grade gold exploration project. Visible gold was discovered at Duvay in the late 1930s. Visible gold showings and historic drill samples of up to 402 g/t gold occur on the property. Gold mineralization at Duvay is associated with a northwest trending shear zone and intersecting northeast faults. The property encompasses kilometric zones of intense carbonate alteration (ankerite) with quartz stockworks. Native gold occurs on the property as well as disseminated pyrite, chalcopyrite, sphalerite and minor galena. There has been a significant amount of exploration done on the Duvay Property by both Tres-Or and more recently, Aurizon Mines Ltd. who had optioned the property prior to their acquisition by Hecla Mining. It is the Company’s intention to compile this and other historic data, develop a comprehensive model and formulate an advanced stage exploration program to enhance the value of this significant asset for our shareholders.
The Company recently acquired the Jessie Lake gold project which is an early stage exploration project.
North Arrow Minerals Corporate Overview - May24, 2017narminerals
An overview of North Arrow Minerals' projects with a focus on the 100% owned Naujaat Project and Mel Diamond Projects. Other active projects touched upon include the Lac de Gras and Loki Projects in the Lac de Gras region, the Pikoo Project in SK, and the Hope Bay Oro Gold Project, on strike from the Doris Mine in NU.
Secova is a Canadian gold exploration company based in Vancouver, BC focused on building a strong asset base through exploration of undervalued Canadian gold projects. Secova has entered into an agreement to acquire up to 90% of the Duvay advanced gold project in Amos, Quebec.
The Duvay Gold Project is comprised of 105 claims covering over 4,500 hectares and is located in a favourable geological setting with potential for hosting either a near surface bulk tonnage gold deposit or an Archean shearhosted gold deposit. The project is a near surface high grade gold exploration project. Visible gold was discovered at Duvay in the late 1930s. Visible gold showings and historic drill samples of up to 402 g/t gold occur on the property. Gold mineralization at Duvay is associated with a northwest trending shear zone and intersecting northeast faults. The property encompasses kilometric zones of intense carbonate alteration (ankerite) with quartz stockworks. Native gold occurs on the property as well as disseminated pyrite, chalcopyrite, sphalerite and minor galena. There has been a significant amount of exploration done on the Duvay Property by both Tres-Or and more recently, Aurizon Mines Ltd. who had optioned the property prior to their acquisition by Hecla Mining. It is the Company’s intention to compile this and other historic data, develop a comprehensive model and formulate an advanced stage exploration program to enhance the value of this significant asset for our shareholders.
The Company recently acquired the Jessie Lake gold project which is an early stage exploration project.
Corporate update as of April 30, 2019. The focus is on the Naujaat Diamond Project in Nunavut currently at the bulk sampling stage to determine diamond value. The Hamlet of Naujaat is currently involved in the financing and permitting of a community access road that will bring many benefits to the community, one of which will be a road within 1.5 km of North Arrow's Q1-4 diamond deposit. Other projects touched on are the Mel, LDG, Loki and Pikoo Diamond Project.
June 2021 - Sonoro Gold Corp. Presentation - Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
June 2021 - Sonoro Gold - Near Term ProductionMomentumPR
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
Riley Gold (TSXV: RLYG) Corporate Presentation - February 2022AnnaSokolova11
Riley Gold is an exploration and development company focused in Nevada, USA. The Company’s primary focus is on its two cornerstone assets: the Tokop Gold Project located within the Walker Lane Trend and the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend. Riley Gold’s founders and leadership team have a proven track record of maximizing shareholder value during each phase of the mining life cycle: exploration, development, and production.
2020 03-02 North Arrow Corporate Presentation Handout PDACnarminerals
Overview of North Arrow's most active diamond projects with a focus on our most advanced project, the Naujaat Diamond Project, located near tide water 9 km from the Hamlet of Naujaat , Nunavut.
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
Update on North Arrow for February 2022. Section on market conditions being the healthiest it has been in decades along with Naujaat updates and milestone and catalyst schedule.
State of the union presentation for North Arrow Minerals that we worked with on the floor of the PDAC this year. Diamond market update as well as updates on Naujaat, Pikoo and Hope Bay... and plans moving forward.
Corporate update as of April 30, 2019. The focus is on the Naujaat Diamond Project in Nunavut currently at the bulk sampling stage to determine diamond value. The Hamlet of Naujaat is currently involved in the financing and permitting of a community access road that will bring many benefits to the community, one of which will be a road within 1.5 km of North Arrow's Q1-4 diamond deposit. Other projects touched on are the Mel, LDG, Loki and Pikoo Diamond Project.
June 2021 - Sonoro Gold Corp. Presentation - Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
June 2021 - Sonoro Gold - Near Term ProductionMomentumPR
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
Riley Gold (TSXV: RLYG) Corporate Presentation - February 2022AnnaSokolova11
Riley Gold is an exploration and development company focused in Nevada, USA. The Company’s primary focus is on its two cornerstone assets: the Tokop Gold Project located within the Walker Lane Trend and the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend. Riley Gold’s founders and leadership team have a proven track record of maximizing shareholder value during each phase of the mining life cycle: exploration, development, and production.
2020 03-02 North Arrow Corporate Presentation Handout PDACnarminerals
Overview of North Arrow's most active diamond projects with a focus on our most advanced project, the Naujaat Diamond Project, located near tide water 9 km from the Hamlet of Naujaat , Nunavut.
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
Update on North Arrow for February 2022. Section on market conditions being the healthiest it has been in decades along with Naujaat updates and milestone and catalyst schedule.
State of the union presentation for North Arrow Minerals that we worked with on the floor of the PDAC this year. Diamond market update as well as updates on Naujaat, Pikoo and Hope Bay... and plans moving forward.
Canada's Future in Diamonds - North Arrow Corporate update as of July 21st, 2021 with a focus on the Naujaat Diamond Project located 9 km from the Hamlet of Naujaat, Nunavut.
March PDAC 2023 Update Presentation.pdfnarminerals
Corporate update on North Arrow Minerals including our recent acquisition of two lithium in spodumene focused projects in the exploration areas we know best: the NWT and Nunavut. Updates on our active diamond projects and our legacy gold project, Oro, are also included.
North Arrow Corporate Presentation (december 2021) finalnarminerals
Update on the positive year the rough and polished diamond markets have experienced, as well as detail on the Naujaat Diamond Project's 2021 2000 tonne bulk sample and processing. Pikoo overview also included.
Presentation looks at the Mel, Loki, LDG and Naujaat Diamond Projects. Focus is on Mel and the upcoming drill program planned to commence in early July. The Company is excited to follow up with the Project's first drill program to expand upon last year's prospecting discovery of the ML-8 kimberlite.
North Arrow Minerals Corporate update for March 2019 with a focus on the Naujaat Diamond Project. The Hamlet of Naujaat is currently in the permitting and financing stages of constructing a community access trail that will come within 1.5 km of the Q1-4 kimberlite. The trail will reduce the cost for North Arrow to take a planned 10,000 tonne bulk sample while providing more economic opportunities for the local community.
North Arrow Exploration & Corporate Update October, 11 2018narminerals
Exploration and corporate update as of October 2018 for North Arrow Minerals with a focus on the Mel and Naujaat Diamond Projects, both located in Nunavut.
North Arrow Minerals Corporate Update for May 2018narminerals
Presentation looks at the Mel, Loki, LDG and Naujaat Diamond Projects. Focus is on Mel and the upcoming drill program planned to commence late June. The Company is excited to follow up with the Project's first drill program to expand upon last year's prospecting discovery of the ML-8 kimberlite.
Nar 2018 05-15 corporate presentation w may 23 changes(website-small)narminerals
Presentation looks at the Mel, Loki, LDG and Naujaat Diamond Projects. Focus is on Mel and the upcoming drill program planned to commence late June. The Company is excited to follow up with the Project's first drill program to expand upon last year's prospecting discovery of the ML-8 kimberlite.
Enduro Metals holds one of the largest junior land positions in the heart of British Columbia’s Golden Triangle, a world-class mineral district hosting multiple successful mines. Enduro’s 648km2 Newmont Lake Property contains at least four large, distinct mineralized systems with district-scale potential—all starting from surface. The project’s geology, mineralization, exploration results and proximity align with some of the Golden Triangle’s richest known deposits.
Work to date has produced exceptional results in drilling, while sampling, mapping and geophysics have identified large areas of high-grade and highly-prospective showings. The Company is fully funded for aggressive exploration in 2021.
Magellan Gold Corp. is focused on the exploration and development of precious metals in North America. In addition to its flagship project, Center Star Gold Mine in Idaho, Magellan is working to build a collection of interests in undervalued and overlooked gold projects that have the potential for near-term production across the Western US. The Company is capitalizing on a niche opportunity to bundle several small mines, each producing 20K-50K ounces per year, creating a consolidated mining group with higher than traditional mining industry rates of return. Magellan’s near-term production strategy and the potential expansion of its resource base and project portfolio are expected to drive strong shareholder value improvement moving forward.
Riley Gold (TSXV: RLYG) Corporate Presentation | February 2022AnnaSokolova11
Riley Gold is an exploration and development company focused in Nevada, USA. The Company’s primary focus is on its two cornerstone assets: the Tokop Gold Project located within the Walker Lane Trend and the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend. Riley Gold’s founders and leadership team have a proven track record of maximizing shareholder value during each phase of the mining life cycle: exploration, development, and production.
2022 NCX Corporate Presentation - Oct UpdateHannah545236
Northisle Copper and Gold Inc. is a Vancouver-based company whose mission is to become Canada’s leading sustainable mineral resource company for the future. Northisle owns the North Island Project, which is one of the most promising copper and gold porphyry deposits in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometres northwest from the now closed Island Copper Mine operated by BHP Billiton. Northisle completed an updated preliminary economic assessment for the North Island Project in 2021 and is now focused on advancement of the project through a prefeasibility study while continuing exploration within this highly prospective land package.
Similar to Nar corporate presentation (january 2021)small (20)
North Arrow Minerals' updated Corporate presentation featuring a new focus towards the LDG Lithium Project in the NWT where a drill program is currently being planned for the end of August. Updates are also provided on the newly acquired and closely located (to LDG) MacKay Lithium Project and the DeStaffany Lithium Project located on the shores of Great Slave Lake. At the time of posting forest fires have led to a state of emergency being declared for the territory. Drilling plans may have to be postponed depending on the outcome. We wish the territory some wet weather and wish them the best of luck as they battle these fires. Stay safe people of NWT.
North Arrow Minerals' updated Corporate presentation featuring a new focus towards the LDG Lithium Project in the NWT where a drill program is currently being planned for the end of August. Updates are also provided on the newly acquired and closely located (to LDG) MacKay Lithium Project and the DeStaffany Lithium Project located on the shores of Great Slave Lake. At the time of posting forest fires have led to a state of emergency being declared for the territory. Drilling plans may have to be postponed depending on the outcome. We wish the territory some wet weather and wish them the best of luck as they battle these fires. Stay safe people of NWT.
North Arrow's companion presentation to the flow-through unit and non-flow-through unit financing announced April 24, 2023. Mostly focused on DeStaffany Project, in the Northwest Territories.
Update on the positive activity in diamond pipeline from rough to polished as well as a corporate update on North Arrow and the Naujaat Diamond Project located close to tidewater in Nunavut. Processing of a 2000 tonne sample is underway with diamond recovery results are expected from February to the end of April 2022. The Pikoo Project, SK makes its way back in to the presentation as the Company solidifies plans to conduct a drill program there in the summer of 2022.
North Arrow Minerals - Investor Presentation, PDAC 2018narminerals
Canadian diamond explorer North Arrow Minerals' corporate overview with a focus on active 2018 exploration drilling work at the Loki, Mel, Naujaat and LDG Projects.
North Arrow Minerals - January Corporate Updatenarminerals
Update on the Company and Projects given as a handout at the recently held AME BC Round Up Conference in Vancouver. Focus on Naujaat, Mel and Loki Projects.
November 2017 North Arrow Minerals Corporate Updatenarminerals
An overview of North Arrow Minerals' projects with a focus on the 100% owned Naujaat Project and Mel Diamond Projects. Other active projects touched upon include the Lac de Gras and Loki Projects in the Lac de Gras region, the Pikoo Project in SK, and the Hope Bay Oro Gold Project, on strike from the Doris Mine in NU.
2. This presentation contains projections and forward-looking information that involve various risks and
uncertainties, including, without limitation, statements regarding the potential extent of mineralization,
resources, reserves, exploration results and plans and objectives of North Arrow Minerals Inc. These risks
and uncertainties include, but are not restricted to, the amount of geological data available, the uncertain
reliability of drilling results and geophysical and geological data and the interpretation thereof and the
need for adequate financing for future exploration and development efforts. There can be no assurance
that such statements will prove to be accurate. Actual results and future events could differ materially
from those anticipated in such statements. These and all subsequent written and oral forward-looking
statements are based on the estimates and opinions of management on the dates they are made and are
expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward
looking statements should circumstances or management's estimates or opinions change.
CAUTIONARY STATEMENT
FORWARD-
LOOKING
INFORMATION
QUALIFIED PERSON
UNDER NI 43-101
Disclosure of a scientific or technical nature related to North Arrow’s projects in this presentation has been
reviewed and approved by Ken Armstrong, P.Geo. President and CEO of North Arrow and a Qualified
Person under NI 43-101.
2
3. CORPORATE OVERVIEW – as of Dec 17, 2021
CORPORATE
HIGHLIGHTS
3
CAPITALIZATION
TSX Venture NAR
Issued: 120.9 M
Options: 11.4 M
Warrants: 49.0 M
Fully diluted: 181.3 M
(25 M @ $0.225, 17.9 M @ $0.10)
MAIN SHAREHOLDERS
26%
9%
9%
9%
Ross Beaty
Lundin
Electrum
12 MONTH CHART
Float
46%
24 MONTH STOCK CHART
Insiders
4. D. Grenville Thomas (Chairman) Founder of Aber Resources, discoverer of the Diavik Diamond Mine; Canadian Mining
Hall of Fame inductee.
Ken Armstrong P.Geo. (President, CEO, Director and Qualified Person under NI 43-101) Diamond exploration &
evaluation experience w/ Diavik, Aber, De Beers, Navigator, and Stornoway.
Christopher Jennings (Director) Founder of SouthernEra, consultant to Aber; formerly with International Corona, BP
Minerals (Canada) and Falconbridge.
Blair Murdoch (Director) More than thirty years experience in senior management of private and public companies.
Torrie Chartier (Director) Currently CFO of Uravan Minerals; 20+ years of experience as a diamond exploration
geologist.
Eira M. Thomas (Advisor) Extensive diamond exploration and development experience in Canada and Africa; Founder,
CEO & director of Lucara; current director of Suncor; former officer & director of Aber and Kaminak,.
Robin Hopkins (Advisor) 25+ years diamond exploration, evaluation and development experience with Stornoway,
Navigator, and Aber.
Allison Rippin Armstrong (Advisor) 20+ years CSR experience; Ex-Kaminak Gold.
3
CORPORATE PROFILE
MANAGEMENT
HIGHLIGHTS
4
5. RWE
POLISHED MARKET POSITIVITY: US JEWELRY SALES
“After US jewelry sales rose
36% (yoy) in Oct., they leaped
again, rising 51% (yoy) at
specialty jewelers in Nov. This
continues the double-digit
growth in US jewelry sales seen
since July 2020.”
Edahn Golan, Dec. 12, 2021
5
Annual US Jewelry Sales for Last 20 Years
Monthly US Jewelry Sales for Last Five Years
NEWS Jan. 2022: Signet Jewelers
raised sales guidance for the fiscal
year for the FIFTH time in 12-mo;
Current guidance implies a sales
gain of 43% yoy & +21% relative to
2 yrs ago, the pre-pandemic proxy.
The US accounts for ~50% of polished diamond sales worldwide.
“US Jewelry Sales Explosion Continues,
Surges 50%
in November”
Edahn Golan is a Veteran
of the diamond industry,
researching & writing
about it since 2001
5
6. The biggest luxury brand acquisition ever!!
POLISHED MARKET POSITIVITY
January 2021: LVMH finalized purchase of
Tiffany & Co. for US $15.8 billion
Tiffany achieved "a remarkable
performance" in the Q3 (2021)
according to LVMH's
Chris Hollis (with help from
Beyonce and Jay-Z?)
“Particularly strong" in the US
(label's largest market); this
within first 9 months of
ownership.
6
7. Sept. 30th, 2021 –
Chow Tai Fook
Announces plans to
open more than
7,000 stores by
FY2025 to capitalize
on the increasing
domestic demand in
Mainland China.
POLISHED MARKET POSITIVITY
4 850
4850 stores as of
June 30th, 2021
Chow Tai Fook new store openings from 2013 to 2021
China’s biggest & world’s most
valuable jewelry retailer.
*note: Chow Tai Fook do not sell lab grown diamonds 7
8. MID-STREAM CUTTING & POLISHING
Note: This analysis is meant to take
into account all midstream
inventory, i.e. not just manufacturer
“rough-to-polished” inventory, but
also inventory held by rough and
polished wholesalers and
secondary-market traders.
“Estimated sustainable level of
inventory” is in part
based on the notion that the market
was undersupplied in 2011 and
oversupplied in 2017 and 2018, with
the implied sustainable level in
between. Figures exclude man-
made diamonds.
**Special Note: Pandemic-related
manufacturing capacity restrictions
in India as well as backlogs in
grading cycles have led to polished
diamond export delays which
appear to be significantly impacting
the above data (eg: grading
backlogs at GIA India). Until a
return to more normal conditions,
data outputs from the above mid-
stream inventory analysis will likely
continue to be volatile and perhaps
less reliable than usual (“pandemic
noise”).
8
9. RWE
RECENT ROUGH DIAMOND MARKET NEWS
Demand has improved on concerns about long term supply
Mountain Province November 9th, 2021
• US$74 M in revenue in Q3 from just over 1 million carats; EBITDA of US$33 million
• 2nd highest in a quarter for the company since mine startup.
Alrosa
November 1st, 2021: “the current shortage of rough diamonds could persist for several years.
Alrosa has been buying rough from the Gokhran…in order to top up its historically low
inventory and maintain supplies to buyers.”
Lucara November 3rd, 2021
• Revenue of $72.7 million during Q3 2021; 57% increase over previous quarter.
• Board sanction of the $534 million Karowe underground expansion; extending mine life out
to 2040.
Debeers April 23, 2021: Debswana JV to fund US$6 billion Jwaneng Underground Mine
Expansion; will hit full production of 9 million carats per year by 2034; Cut 3 Expansion for
Orapa Mine also at the feasibility level study
9
“The diamond market continues to be in a healthy balance due to robust demand and lower rough supply” - Lucara, Nov. 3rd, 2021
10. Paul Zimnisky, CFA is
a leading global
diamond industry
analyst based in the
New York City metro
area specializing in
global diamond
supply/demand
fundamentals and
the companies
operating within the
industry
Rough diamond prices have
risen 24.9% in 2021
GLOBAL ROUGH DIAMOND PRICE INDEX 2021
10
11. GLOBAL ROUGH DIAMOND PRICE INDEX SINCE 2007
Quarterly Aggregated Rough Diamond Price Index
Rough diamond prices are
currently approaching all time
highs reached in 2001
Paul Zimnisky, Jan. 2022 Market Update: “Year-over-
year upstream production declined in 2018, 2019 and
2020 and production is forecast to remain well-off the
2017 high-water mark through at least 2027.”
11
From the
Antwerp
World
Diamond
Centre (AWDC)
and Bain & Co.
10th Annual
Diamond
Report
Annual Global Rough Production
Production has been
decreasing by ~5%
since it peaked in
2017, with a drop of
~20% in 2020.
12. LAB GROWN DIAMOND MARKET
Pearl exports and price per gram of pearl exports from
French Polynesia, 1980-2005
From: the Economics of Pearl Farming, January 2008: by Clem Tisdell and Bernard Poirine
HISTORICAL COMPARABLE: THE CULTURED PEARL INDUSTRY
With pricing
not linked to
natural
diamonds,
LGD become
a supply &
demand
story Increasing supply will meet demand; prices will continue to drop
12
13. DIAVIK
EKATI
VICTOR
RENARD
GAHCHO
KUE
1
Grassroots
7. CSI (100%)
7
DIAVIK
EKATI
VICTOR
RENARD
GAHCHO
KUE
Discovery Stage
2. Pikoo (100%) Kimberlite discovery – 2013-16
3. Loki (100%) Kimberlite discovery - 2018
4. LDGJV (Dominion) Kimberlite discovery – 2019
5. Mel (100%) Kimberlite discovery – 2017-18
6. Luxx (100%) Permitted & drill ready
Advanced Stage
1. Naujaat (100%) Significant diamond inventory;
potential value upside: fancy orange-yellow diamonds
New partner earning 40%
Assessing a known kimberlite or
diamond deposit
8
Brownfields Gold
1
8. Hope Bay (100%) ~3km north of Agnico Eagle’s Doris Mine.
Next stage of diamond exploration
could lead to discovery
5
3
2
6
Target development
Within 3km of TMAC’s Doris Mine;
similar geology and structures
CORPORATE OVERVIEW – PROJECTS
PROJECT
PIPELINE
13
4
14. 1
Assessing a known kimberlite or
diamond deposit
1
PROJECT
PIPELINE
Fancy orangey-yellow
& yellow diamonds from Q1-4
Naujaat (100%)
• Largest Canadian diamond resource 100%
owned by a junior company
• New partnership with Burgundy Diamond
Mines (BDM – ASX)
• BDM funding a $5.6M, 2000 tonne
sample extracted July & Aug 2021;
currently being processed at SRC, SK.
NAUJAAT DIAMOND PROJECT
14
Advanced Stage
15. 15
NAUJAAT PROJECT – DEAL WITH BURGUNDY
Australian listed
company newly
focused on the
diamond
exploration and
mining sector.
• Burgundy funding the current C$5.6 million Phase 1 bulk sample, including collection and
processing, to earn 40% of project
• Letter of Intent (LOI) in place for Phase 2 (results dependent), where Burgundy can elect to
earn additional 20% in Q1-4 by funding 10,000 tonne bulk sample.
16. NAUJAAT - FURTHER DERISKING AN ADVANCED PROJECT
Approximate
surface trace
of the Q1-4
kimberlite
(~12 ha)
Image view: Q1-4 kimberlite looking southwest towards the Hamlet of Naujaat, 9 km away
PROJECT
PIPELINE
This is about
whether there are
bigger diamonds
and what their
quality is like
These important diamond project risk hurdles have already been cleared at Q1-4
THIS BULK SAMPLE
(collected in July & Aug of 2021)
NOT about kimberlite discovery
NOT about size of deposit
NOT about mineral chemistry
NOT about microdiamonds
NOT about whether there are commercial sized diamonds
is…
Very few
diamond
projects get to
this stage of
assessment!
12
16
17. Approximate surface
trace of the Q1-4
kimberlite (~12 ha)
Image view: Looking northwest
PIT E
Sampling Unit
A88
Q1-4 SAMPLE: 3 PITS, 2 PHASES SAMPLED, 2000 TONNES
PIT B & D
Sampling Unit
A28
17
19. Heavy Mineral
Concentrate
SAMPLE PROCESSING – DIAMOND RECOVERY
• Will reduce crushed sample down to a
heavy mineral concentrate using cyclone
and a dense media solution of iron, silica
and water
Dense Media Separation (DMS) Processing
TOMRA XRT Optical Sorting
• Same technology now used at most
diamond mines; separates diamonds
based on atomic density
• SRC is the 1st commercial lab to integrate
XRT sorting with a new, smaller unit that
recovers diamonds down to 2mm
• Results should be comparable to 2014 and
2017 samples for diamonds above 2mm
• Sample delivered to the
Saskatchewan Research Council
(SRC) in Oct - Nov 2021
• Diamond recovery results of
subsamples announced as they
come; over 3 or 4 months
• First results expected February
Diamonds
20
20. DIAMOND RESULTS: WHAT DOES SUCCESS LOOK LIKE
Nitrogen aggregation studies show the yellow and white
diamonds distinct populations
Q1-4 Grade/Size Curve
Comparative Curves
Total Parcel
‘Dark Yellow’
only
Potential value upside is
based on coarse SFD alone;
does not factor in that
yellow diamonds are fancy
coloured, worth a premium
price, and of interest to
luxury jewelry trade
If we apply the 2015 possible low to high model prices to the
coarse yellow SFD scenario results in low to high price range of
$60 to $220 per carat. At this price the project is very attractive!
Yellow diamonds so far have shown a much coarser size
frequency distribution (SFD) implying potential for higher
abundance of yellow diamonds in coarser sizes.
A confirmation of the yellow diamonds being
coarse will be a success.
Recovery of one or more orangey yellow or yellow diamonds
of good colour and clarity in 1 carat or higher size range will also be a success. 21
21. ✓ Jurisdiction
✓ Near tide water
✓ Large tonnage
✓ Low strip ratio
✓ Significant diamond inventory*
✓ Blue sky potential
* CAUTION – Inferred Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability
NAUJAAT PROJECT – TICKS ALL THE BOXES
22
Clear permitting path in Nunavut
Freight costs 50% of NWT diamond mines
~48 Mt down to 205m below surface
<3:1 vs >10:1 for NWT diamond mines
~26M contained carats
Q1-4 at depth; 15 additional kimberlites
22. EXISTING DIAMOND MINE
Discovery Stage
5. Pikoo (100%) Kimberlite Field
discovered by North Arrow
Next stage of diamond exploration
could lead to discovery
Excellent diamond potential
PIKOO DIAMOND PROJECT, SK
PROJECT
PIPELINE
DIAVIK
EKATI
VICTOR
RENARD
GAHCHO
KUE
5
23
23. PIKOO PROJECT, SK
▪ Good local infrastructure; within 10 km of SK Hwy 911.
▪ 10 discrete kimberlites discovered
▪ 5 tested and proven diamondiferous
▪ PK150 – most significant discovery: 1,232 diamonds > 0.106
mm from 531 kg.
PROJECT
PIPELINE
PK150
PK314 &
PK346
PK312
PK311
(100% NAR)
9
24
24. PIKOO PROJECT, SK
PROJECT
PIPELINE
23 +0.85 mm stones recovered
from initial 2013 209 kg PK 150 sample
Ice Direction
PK314
&“North Pikoo
Dykes”
PK312
PK311
PK346
PK347
PK150
(plus PK151
and another
dyke)
Deeper colour = more KIMs
Known kimberlites
?
Priority Targets
?
?
? ?
?
?
?
?
?
?
?
PK393
Target
Bear Lake
Target
(100% NAR)
Mantle Nodule from PK150, 2016 drilling
• Till sampling suggests additional,
unique and unsourced KIM trains
• More kimberlite discoveries to be made.
• Autumn 2021 till sampling program
completed; focused on new target areas;
sample results pending.
• Planning winter / spring drill program for
2022; subject to financing
25
25. • One of Canada’s largest under-evaluated diamond inventories
at Naujaat’s Q1-4 kimberlite (~26 million carats)
• Has discovered two new diamondiferous kimberlite fields –
Mel & Pikoo
• 6 drill-ready (and fully permitted) diamond properties;
including 5 that host known diamondiferous kimberlite
– Naujaat, Mel, Pikoo, Loki & LDG
DIAMOND DISCOVERIES: A CANADIAN LEADER
NAR:
Canadian
diamond
sector’s
most active
& successful
explorer
over the last
7 years
26
26. TSXV: NAR
Ken Armstrong
President & CEO
Nick Thomas
Community and Investor
Relations Manager
Suite 960-789 West Pender Street
Vancouver, BC
Canada V6C 1H2
Tel: +1.604.668.8354
info@northarrowminerals.com
@narminerals
northarrowminerals
www.northarrowminerals.com