North Arrow Minerals Inc. · TSXV:NAR
North Arrow Minerals — Investor Presentation (February 2023)
26 slides from North Arrow Minerals's investor presentation, February 2023
Slide 1: Experienced Northern Exposure to Lithium, Diamonds and Gold in Canada
TSXV: NAR Experienced NORTHERN EXPOSURE to Lithium, Diamonds and Gold In Canada February 2023
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT FORWARD-LOOKING INFORMATION 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 a
Slide 3: Who We Are
WHO WE ARE North Arrow is a Canadian company focused on the identification and evaluation of exploration opportunities in Canada. North Arrow’s multifaceted project portfolio includes a pipeline of lithium, diamond and gold projects ranging from greenfields to advanced stage. 3
Slide 4: Why Invest in North Arrow
WHY INVEST IN NORTH ARROW Canadian diamond sector’s most active & successful explorer over the last 10 years …now with lithium exposure Lithium is not new to North Arrow: ❖ Experience in exploration for spodumene lithium pegmatites Best in class Diamond exploration pipeline: ❖ Diamond interest may b
Slide 5: Project Pipeline
PROJECT PIPELINE Oro - Hope Bay (100%) Assessing a known diamond Advanced Stage Gold project 3km north of deposit Agnico Eagle’s Doris Mine 1. Naujaat (60%) Significant diamond inventory; High- value fancy orange-yellow diamonds DeStaffany (100%) Spodumene pegmatite Lithium project Next stage of dia
Slide 6: DeStaffany Lithium Project
DESTAFFANY LITHIUM PROJECT • 115 km east of Yellowknife, within the Yellowknife Pegmatite Province • 18 km northeast of the Nechalacho REE Mine • Same geology, deposit type and location as Li- FT Power’s Yellowknife Lithium Project, and GAMA’s Muskox Property • Acquired for cost of staking plus an 2
Slide 7: DeStaffany Lithium Project
DESTAFFANY LITHIUM PROJECT • 115 km east of Yellowknife, within the Yellowknife Pegmatite Province • 18 km northeast of the Nechalacho REE Mine • Same geology, deposit type and location as Li- Li-FT Power Li-FT FT Power’s Yellowknife Lithium Project, and Power GAMA’s Muskox Property • Acquired for c
Slide 8: DeStaffany Lithium Project
DESTAFFANY LITHIUM PROJECT • 115 km east of Yellowknife, within the Yellowknife Pegmatite Province • 18 km northeast of the Nechalacho REE Mine • Same geology, deposit type and location as Li- Li-FT Power Li-FT FT Power’s Yellowknife Lithium Project, and Power GAMA’s Muskox Property • Acquired for c
Slide 9: DeStaffany Lithium Project
DESTAFFANY LITHIUM PROJECT • Two known spodumene pegmatites: Moose 1 and Moose 2 • Both within several hundred metres of Great Slave Lake. • Excellent access to Yellowknife to the east and Hay River (and rail head) on Other south side of the Lake. Pegmatite • Additional pegmatites provide upside for
Slide 10: Moose 1 Pegmatite
MOOSE 1 PEGMATITE • Never drilled • 370m exposed strike length; averaging 4.5 to 6m in width; max width ~11m • Spodumene mineralization returned 1.5% Li2O over 7.5m from 2009 channel sample. Other Pegmatite Showings 3.77% Li2O Moose 2 Moose 1 1.5% Li2O over 7.5 m 1.72 Li2O 10
Slide 11: Moose 2 Pegmatite
MOOSE 2 PEGMATITE • 450m strike length; up to 30m wide • Bulk sampled for Ta and Nb in the 40’s and 50’s • Elevated Li analyses of up to 2.73% Li2O returned from samples along at least 250 m strike length of the body; never drilled for Li. Other Pegmatite 2.2 % Li2O Showings Moose 2 3.77% Li2O Moose
Slide 12: Consider Diamonds – Decreasing Supply / Increasing Demand
CONSIDER DIAMONDS – Decreasing Supply / Increasing Demand Annual Global Rough Production Rough Diamond Production 2027 Millions of carats ❖ Global rough diamond production down >20% since 2017; expected to flatline to at least 2027 ❖ Very few new projects being developed worldwide ❖ Exploration for
Slide 13: Polished Market Positivity: US Jewelry Sales
POLISHED MARKET POSITIVITY: US JEWELRY SALES US Jewelry Sales Rebound and 50 Years of US Jewelry Sales Soar in 2021, Stabilize in 2022 The US accounts As of September 2022 for ~50% of polished diamond sales worldwide. US Diamond Jewelry Retail Market US 2021 diamond jewelry sales hit a record $52 bi
Slide 14: Project Pipeline
PROJECT PIPELINE Assessing a known diamond Advanced Stage deposit Naujaat (60%) Significant diamond inventory; high-value fancy orange-yellow diamonds Naujaat 14
Slide 15: Naujaat – Close to the Community
NAUJAAT – CLOSE TO THE COMMUNITY Image view: Q1-4 kimberlite looking southwest towards the Hamlet of Naujaat, 9 km away 15
Slide 16: Naujaat – Close to the Community
NAUJAAT – CLOSE TO THE COMMUNITY Two-time winner of the Nunavut Mining Symposium Corporate Award: “To recognize the contribution of a mining, exploration, or related company to the economic/social development of a community, region or Nunavut in general.” 2018 2022 Image view: Q1-4 kimberlite lookin
Slide 17: Naujaat Project – Ticks All the Boxes
NAUJAAT PROJECT – TICKS ALL THE BOXES 17 * CAUTION – Inferred Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability
Slide 18: Naujaat Project – Ticks All the Boxes
NAUJAAT PROJECT – TICKS ALL THE BOXES ✓ Jurisdiction Clear permitting path in Nunavut ✓ Near tide water Freight costs 50% of NWT diamond mines ✓ Large tonnage ~48 Mt down to 205m below surface ✓ Low strip ratio <3:1 vs >10:1 for NWT diamond mines ✓ Significant diamond inventory* ~26M contained carat
Slide 19: Pikoo Diamond Project, SK
PIKOO DIAMOND PROJECT, SK Discovery Stage Excellent diamond potential Pikoo (100%) Next stage of diamond exploration could lead to discovery Mantle Nodule from PK150, 2016 drilling • Kimberlite field discovered by North Arrow • Local infrastructure within 10 km of SK Hwy 911 • PK150 – significant di
Slide 20: Loki Diamond Project, NWT
LOKI DIAMOND PROJECT, NWT Discovery Stage Excellent diamond potential Loki (100%) Next stage of diamond exploration could lead to discovery • Brownfields exploration near Ekati and Diavik diamond EKATI mines; lower threshold for economic discovery DIAVIK GAHCHO KUE • Last well defined, unsourced, KI
Slide 21: Hope Bay Oro Gold Project, NU
HOPE BAY ORO GOLD PROJECT, NU Brownfields Gold ✓ Same rocks Hope Bay Oro (100%) ✓ Same structural setting ✓ Same mineralization style • ~3km north of Agnico Eagle’s Doris Gold Mine. • Host stratigraphy to the Doris deposit extends north onto ORO property. • Multiple showings including Ida Point – 5.
Slide 22: Milestones & Catalysts for 2023
MILESTONES & CATALYSTS FOR 2023 Advanced Discovery Brownfields Lithium Diamonds Diamonds Gold Project Milestones / Catalysts Details Corporate Technical arrangement with potential to bring value to Technical Arrangement (Diamond Projects) NAR’s diamond projects Potential for expansion or Stakeholder
Slide 23: Leadership Team & Board
LEADERSHIP TEAM & BOARD D. Grenville Thomas (Chairman) Founder of Aber Resources, discoverer of the Diavik Diamond Mine; WEALTH OF Canadian Mining Hall of Fame inductee. EXPERIENCE Ken Armstrong P.Geo. (President, CEO, Director and Qualified Person under NI 43-101) Diamond exploration & evaluation e
Slide 24: In the Market
IN THE MARKET As of February 1, 2023 unless TSXV: NAR otherwise labelled Share Price $0.09 (as of Feb. 8, 2022) Investing in an… Market Cap $12.4 M Issued 137.6 M ❖ A Highly Experienced Team with a Pipeline of Options 9.2 M Projects in Lithium, Diamonds and Gold Warrants 40.2 M (1 M @ $0.12, 34.6 M
Slide 25: TSXV: NAR
TSXV: NAR Ken Armstrong President & CEO Suite 960-789 West Pender Street Vancouver, BC Canada V6C 1H2 Nick Thomas Tel: +1.604.668.8354 Community and Investor info@northarrowminerals.com Relations Manager www.northarrowminerals.com
Slide 26: TSXV: NAR
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 26
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