Karelian Diamond Resources Plc · LSE:KDR
Karelian Diamond Resources — Investor Presentation (July 2024)
41 slides from Karelian Diamond Resources's investor presentation, Jul 11, 2024
Slide 1: AIM: KDR
AIM: KDR www.kareliandiamondresources.com
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Karelian Diamond Resources PLC (“Karelian Diamonds”). This document contains background information about Karelian Diamonds current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or comp
Slide 3: KDR focuses in Finland and Northern Ireland
KDR focuses in Finland and Northern Ireland Lahtojoki Diamond Deposit Mining permit at advanced stage Pink diamond presence enhances financial potential Diamond Exploration Programme in Finland Discovery of green diamond and diamondiferous kimberlites at Kuhmo Belfast Northern Ireland Dublin Initial
Slide 4: Directors and Senior Management
Directors and Senior Management Richard Conroy (Executive Chairman) Professor Richard Conroy has been involved a number of major mining discoveries, including the Galmoy zinc orebodies which led to the revival of the Irish base metals industry and the Pogo gold deposit in Alaska (now in production a
Slide 5: Project Management and Technical Team
Project Management and Technical Team Dr Sorca Conroy – Business Development Cathal Jones – Chief Financial Officer Dr Sorċa Conroy has over 15 years experience in directorship Cathal Jones has over 15 years corporate finance advisory roles in the natural resources industry. Her experience also expe
Slide 6: Why Diamonds
Why Diamonds Diamond demand has historically been driven by a growing population and increasing prosperity internationally Diamond supply expected to wane as older diamond mines near the end of their life with few new significant diamond discoveries While demand for clear diamonds has been challenge
Slide 7: Karelian diamond exploration target
Karelian diamond exploration target Karelian’s exploration target is the discovery of a world class diamond deposit in Finland similar to the world class diamond deposits found in similar geology elsewhere in the Karelian Craton The presence of the Lahtojoki diamond deposit confirms the diamond pote
Slide 8: Kimberlite Pipe: Essential pathway for diamonds formed deep below Earth’s crust
Kimberlite Pipe: Essential pathway for diamonds formed deep below Earth’s crust Volcaniclastic Kimberlite Pipe - Cross-section Karelian Diamond Resources 8
Slide 9: Lahtojoki Diamond Deposit - Location
Lahtojoki Diamond Deposit - Location Karelian Diamond Resources 9
Slide 10: Lahtojoki Diamond Deposit
Lahtojoki Diamond Deposit An independent Preliminary Economic Assessment (PEA) has been completed. This was primarily based on the technical data of previous operators. However, the deposit is known to contain pink and other coloured diamonds. The PEA does not take into account the numbers and perce
Slide 11: Lahtojoki Deposit – PEA Highlights
Lahtojoki Deposit – PEA Highlights PEA suggests 2.11M Carats recoverable with a gross value of US$211M 5.6 million tonnes at c.40 cpht 9 year mine life with payback in year 2 IRR 55% and NPV (@8%) US$39.1M Financial effect of the presence of pink and LAHTOJOKI DIAMOND DEPOSIT other coloured diamonds
Slide 12: Mining in Finland
Mining in Finland Finland has a highly skilled work force, advanced technical and logistical services and an established mining industry Infrastructure is excellent with direct access by road and readily available adjacent power supply to the Lahtojoki diamond deposit Relatively few other diamond de
Slide 13: Lahtojoki Deposit – Diamond Quality
Lahtojoki Deposit – Diamond Quality Lahtojoki Diamonds High (60%) gem quality diamonds Karelian Diamond Resources 13
Slide 14: Lahtojoki Deposit – Pink Diamonds
Lahtojoki Deposit – Pink Diamonds Lahtojoki Pink Diamonds Karelian Diamond Resources 14
Slide 15: Lahtojoki Mine – Proposed Development
Lahtojoki Mine – Proposed Development A simple open pit mine is proposed, with an in-wall ramp extension ESG Diamond recovery is one of the cleanest forms of mining LAHTOJOKI PROPOSED OPEN PIT Karelian Diamond Resources 15
Slide 16: Lahtojoki – Adjacent potential
Lahtojoki – Adjacent potential Lahtojoki Mining Concession Lahtojoki Kimberlite Kimberlites tend to occur in clusters Potential for additional resource expansion in adjacent areas Permits Kimberlite boulders Karelian Diamond Resources 16
Slide 17: Diamond Exploration Focus – Kuhmo Region
Diamond Exploration Focus – Kuhmo Region Karelian Diamond Resources 17
Slide 18: Diamond Exploration Programme
Diamond Exploration Programme A systematic exploration programme has been carried out by Karelian in the Finnish Sector of the Karelian Craton. The Company has focussed on the diamond potential, including coloured diamonds, of the Kuhmo region to the northeast of Lahtojoki Geological and geophysical
Slide 19: Kimberlite Indicator Minerals “KIMs”
Kimberlite Indicator Minerals “KIMs” Mantle minerals known as kimberlite indicator minerals “KIMs” including diamonds are associated with kimberlite bodies. Examples include: Chrome – pyropes Chrome (Garnet group) Diamonds Diopside (CD) G10 Chrome - pyropes are particularly important as they have be
Slide 20: Diamond Exploration Backtracking Kimberlite Indicator Minerals
Diamond Exploration Backtracking Kimberlite Indicator Minerals Glaciers eroded the top of the Kimberlite indicator minerals dispersion train kimberlite dispersing the kimberlite within glacial sediments indicator minerals within the glacial sediments Ice Flow 0,4 km 1,3 km 2,0 km Glacial Sediments K
Slide 21: Green Diamond Discovery by Karelian
Green Diamond Discovery by Karelian Sparkling clear crystal with clean faces Diameter 0.8mm ODM Laboratory, in Canada, which recovered the diamond has processed more than 50,000 exploration till samples worldwide but has only recovered less than 10 naturally occurring diamonds including the Karelian
Slide 22: Exploration to discover source
Exploration to discover source Follow up exploration has been focussed on the source of the green diamond UAV Geophysics survey identified a number of kimberlite targets Till Sampling together with a pitting and drilling programme is underway Karelian Diamond Resources 22
Slide 23: UAV Survey: Geophysics Targets
UAV Survey: Geophysics Targets The UAV geophysics survey yielded a series of targets. These geophysics targets were followed up by a till sampling programme for kimberlitic indicator minerals Karelian Diamond Resources 23
Slide 24: Till Sampling Process
Till Sampling Process Karelian Diamond Resources 24
Slide 25: Proximity to Source of Green Diamond
Proximity to Source of Green Diamond 16 of the 25 basal till samples contained kimberlite indicator minerals which were sent for Electron Microprobe Analysis Analysis showed the presence of diamond stability field garnets (G10D) and other diamond-facies garnets (G4D and G5D) The results indicate a d
Slide 26: Garnet Chemistry
Garnet Chemistry Data used in RNS – 9 Aril 2024 Karelian Diamond Resources 26
Slide 27: Colebrooke Project: Nickel, Copper and Platinum Group Elements
COLEBROOKE PROJECT Nickel, Copper and Platinum Group Elements
Slide 28: Colebrooke Project – Nickel, Copper and Platinum Group Elements
Colebrooke Project – Nickel, Copper and Platinum Group Elements Significant potential discovered for Nickel, Copper and Platinum Group Elements in County Fermanagh in Northern Ireland Discovery of potential followed an extensive exploration programme including stream sediment sampling Potential conf
Slide 29: Colebrooke Project – Exploration Targets
Colebrooke Project – Exploration Targets Nickel (Ni) Copper (Cu) Plantinum Group Elements (PGEs) Zinc (Zn) and Lead (Pb) with Critical Minerals Indium (In) Tellurium (Te) Germanium (Ge) Karelian Diamond Resources 29
Slide 30: Colebrooke Project – Licence Area
Colebrooke Project – Licence Area KDR2/22 KDR3/22 KDR1/19
Slide 31: Colebrooke Project – Licence Area and Geology of Northern Ireland
Colebrooke Project – Licence Area and Geology of Northern Ireland Karelian Diamond Resources 31
Slide 32: Colebrooke Project Discovery of indicator minerals for Nickel-Copper-PGEs
Colebrooke Project Discovery of indicator minerals for Nickel-Copper-PGEs The indicator minerals recovered during the sampling programme were indicative of the presence of a magmatic sulphide rich Nickel- Copper-PGE (Platinum-Group Elements) source Magmatic, massive sulphide indicator minerals (MMSI
Slide 33: Colebrooke Project – Microprobe Analysis of Chromites
Colebrooke Project – Microprobe Analysis of Chromites Microprobe analysis of the Chromites showed high zinc oxide values These high zinc oxide values in Chromites are a signature of sulphide rich Nickel-Copper- PGE deposits. Microprobe analysis of the Chromites also revealed Fe-Ni-S (Pentlandite) in
Slide 34: Colebrooke Project – Stream Sediment Sampling
Colebrooke Project – Stream Sediment Sampling Stream sediment sampling in County Fermanagh Karelian Diamond Resources 34
Slide 35: Colebrooke Project – Dromore Gravity High and Associated Geochemistry
Colebrooke Project – Dromore Gravity High and Associated Geochemistry The Dromore gravity high is a Nickel Copper PGE positive gravity anomaly on Target the line of the Donegal- Kingscourt dyke swarm The Dromore gravity high is associated with TELLUS geochemical nickel and copper anomalies Interpret
Slide 36: Colebrooke Project – Similarities to systems hosting world-class Ni-Cu-PGE Deposits
Colebrooke Project – Similarities to systems hosting world-class Ni-Cu- PGE Deposits Expert review noted marked resemblance to the Nickel, Copper and Platinum Group Elements in the Mid - Continental Rift System of North America Also to the continental flood basalts; i.e. Norilsk (Triassic) and the E
Slide 37: Colebrooke Project – Critical Minerals and Metals
Colebrooke Project – Critical Minerals and Metals Nickel (Ni) Platinum (Pt) and Palladium (Pd) are critical minerals and metals Copper, Nickel and PGE are needed for clean energy technologies Indium (In) Tellurium (Te) Germanium (Ge) Indium, Tellurium and Germanium are also critical metals (primaril
Slide 38: Colebrooke Project – Exploration for Kimberlite Chromites
Colebrooke Project – Exploration for Kimberlite Chromites The Colebrooke project was prompted by: Reports of the recovery of kimberlite chromites in Northern Ireland and The historic discovery of the Brookeborough diamond in the Colebrooke river in County Fermanagh, in Northern Ireland Similarly to
Slide 39: Colebrooke Project – Also Historic Regional Platinum Occurrences
Colebrooke Project – Also Historic Regional Platinum Occurrences The Curran Nugget is reported as being derived from the Urals (Doughty et al 1982, Nawaz 1993). This evidence is primarily based on a similar analytical result to a Nizhny Tagil nugget. In the paper by Doughty et al. they compare the C
Slide 40: Colebrooke Project – Nickel-Copper-PGE discoveries associated with Diamond Exploration
Colebrooke Project – Nickel-Copper-PGE discoveries associated with Diamond Exploration Diamond exploration has in the past led to the discovery of Nickel-Copper-PGE The classic example of this is the world class Nickel discovery at Voisey’s Bay in Canada This famous discovery was made in 1994 during
Slide 41: AIM: KDR
AIM: KDR www.kareliandiamondresources.com
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