Karelian Diamond Resources Plc · LSE:KDR

Karelian Diamond Resources — Investor Presentation (June 2021)

23 slides from Karelian Diamond Resources's investor presentation, June 2021

  1. Slide 1: Karelian Diamond Resources cover

    AIM: KDR www.kareliandiamondresources.com

  2. Slide 2: Disclaimer

    DISCLAIMER • This Document comprises an institutional presentation (the “Presentation”) which has been prepared by and is the sole responsibility of Karelian Diamond Resources (the “Company”) • The content of this Presentation has not been approved by an authorised person within the meaning of the U

  3. Slide 3: Company Snapshot

    COMPANY SNAPSHOT Share Price (pence) Karelian Diamonds (AIM:KDR) is focused on exploring and developing diamond 20 projects in the Karelian craton in Finland 15 The Company has two key projects ongoing; i) Kuhmo regional exploration; and 10 ii) advancing the Lahtojoki diamond project. 5 In January 2

  4. Slide 4: Diamond Supply Outlook

    DIAMOND SUPPLY OUTLOOK KDR is actively discovering diamonds when producers are facing depleting resources Karelian Diamond Resources 4

  5. Slide 5: Directors and Management

    DIRECTORS AND MANAGEMENT Professor Richard Conroy – Chairman Professor Richard Conroy has been involved in natural resources for many years. Professor Conroy founded Conroy Petroleum and Natural Resources which discovered the Galmoy zinc orebodies which led to the revival of the Irish base metal ind

  6. Slide 6: The Karelian Craton – A World Class Address

    THE KARELIAN CRATON – A WORLD CLASS ADDRESS The Karelian Craton straddles Russia and Finland Two world class diamond deposits have been discovered in the Russian sector of the Craton – Lomonosov Lomonosov and the Grib Pipe & Grib Kuhmo The Finnish sector of the Craton Lahtojoki with similar geology

  7. Slide 7: Portfolio in Finland

    PORTFOLIO IN FINLAND Kuhmo Regional Lahtojoki Other targets Exploration Development Project The Kuhmo Diamond – Adavnced diamond Western region – new Proximity of source project exploration region suggested following the PEA completed in August South Eastern region discovery of the Kuhmo 2017 – expl

  8. Slide 8: Recent Success

    RECENT SUCCESS The discovery of a diamond – in a till sample – is a very rare event in diamond exploration The discovery of a kimberlite body at Riihivaara – the first discovery of a kimberlite body in Finland in over 10 years The definition, at Seitaperä, of the largest known diamondiferous kimberl

  9. Slide 9: Work Programme for 2018

    WORK PROGRAMME FOR 2018 Kuhmo Drilling at the Kuhmo diamond target – to discover source of green diamond Drilling of Riihivaara kimberlite – to test for micro-diamonds Lahtojoki Initiate environmental study on Lahtojoki diamond deposit Micro diamond test work on Lahtojoki drill core Till sampling to

  10. Slide 10: Kuhmo Diamond Target

    KUHMO DIAMOND TARGET High Kimberlite Indicator Minerals (KIM’s) Count suggests close proximity to diamond source Partial alteration mantles on purple to red peridotitic garnets provide additional indicator of proximity Extensive work programme underway to find source of the Kuhmo diamond Kuhmo diamo

  11. Slide 11: Karelian Diamond Discovery

    KARELIAN DIAMOND DISCOVERY The Kuhmo Diamond Sparkling clear crystal with clean faces Colour greenish Diameter 0.8mm Dodecahedron shape Karelian Diamond Resources 11

  12. Slide 12: Karelian's Sample Processing

    KARELIAN’S SAMPLE PROCESSING Till sample 60 kg Wet screening 1 mm >1 mm Optical microscopy or stored Preconcentration Knelson Overflow stored Till Sampling Knelson Concentrator HMS d = 3.2 d < 3.2 stored LIMS Magnetic fraction stored Dry sieving <0.25 mm Optical Microscopy Heavy Mineral Separation s

  13. Slide 13: Riihivaara: New Kimberlite Discovery

    RIIHIVAARA: NEW KIMBERLITE DISCOVERY New kimberlite body discovered by the Company at Riihivaara in the Kuhmo region of Finland Indicator Mineral analysis indicates that the kimberlite is likely to be diamondiferous Geotherm prospective for diamonds. Kimberlite has sampled well into the diamond stab

  14. Slide 14: Riihivaara Kimberlite Discovery

    RIIHIVAARA KIMBERLITE DISCOVERY Kimberlite discovery pit Kimberlite discovered by Karelian Karelian Diamond Resources 14

  15. Slide 15: Seitaperä: Diamondiferous Kimberlite Pipe

    SEITAPERÄ: DIAMONDIFEROUS KIMBERLITE PIPE Macro and micro diamonds from drillcore 6.9ha kimberlite defined Largest known kimberlite in Finland Abundant mantle xenoliths in kimberlite Karelian Diamond Resources 15

  16. Slide 16: Lahtojoki Diamond Deposit

    LAHTOJOKI DIAMOND DEPOSIT Lahtojoki Mining Concession acquired by Karelian Diamond Resources in 2016 High percentage of gem quality diamonds Preliminary Economic Assessment (PEA) completed in 2017; 5.6 Million tonnes; microdiamond grade (non resource) of 40cpht The Lahtojoki diamond deposit, when de

  17. Slide 17: PEA Highlights – Lahtojoki Deposit

    PEA HIGHLIGHTS – LAHTOJOKI DEPOSIT PEA suggests 2.11M Carats recoverable with a gross value of US$211M Mining operation recommended Nine year mine life indicated: Payback year 2 IRR 55% and NPV (@8%) US$39.1M Lahtojoki Diamonds Karelian Diamond Resources 17

  18. Slide 18: Key Points – Lahtojoki Evaluation

    KEY POINTS – LAHTOJOKI EVALUATION Exceptional Eclogite grade of 90,000 cpt (Peltonen et al 2002) Excellent infrastructure / skilled work force Existing processing facilities at Outokumpu (50km) Stockpiled bulk sample material available at surface (c.1,500t) Examples of Diamonds within Lahtojoki Eclo

  19. Slide 19: Lahtojoki: Work to Date

    LAHTOJOKI: WORK TO DATE LDD Drilling 512m 23 t Bulk Sampling 3,000 t Drilling 5,100m Estimated minimum grade 40cpht Karelian Diamond Resources 19

  20. Slide 20: Lahtojoki Diamond Deposit Site

    LAHTOJOKI DIAMOND DEPOSIT SITE Karelian Diamond Resources 20

  21. Slide 21: Lahtojoki: Adjacent Diamond Potential

    LAHTOJOKI : ADJACENT DIAMOND POTENTIAL Lahtojoki Mining Concession The (HK) Kimberlite type boulders discovered are not derived from Lahtojoki Kimberlite the Lahtojoki (TK) Kimberlite. The ilmenite composition resembles that of Lahtojoki but indicates even better diamond preservation index (redox co

  22. Slide 22: Summary

    SUMMARY KUHMO DIAMOND DISCOVERY - 0.8MM IN DIAMETER, GREENISH COLOUR AND STRONG KIM ANOMALY IDENTIFIED IN THE AREA RIIHIVAARA: NEW KIMBERLITE DISCOVERY, GEOTHERM PROSPECTIVE FOR DIAMONDS SEITAPERÄ: LARGE 6.9HA DIAMONDIFEROUS KIMBERLITE PIPE LAHTOJOKI MINING CONCESSION - PEA MINE PLAN : PAYBACK 2YRS,

  23. Slide 23: Karelian

    Karelian Diamond Resources AIM: KDR www.kareliandiamondresources.com

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