Karelian Diamond Resources PLC · LSE:KDR

Karelian Diamond Resources — Investor Presentation (April 2025)

37 slides from Karelian Diamond Resources's investor presentation, Apr 24, 2025

  1. Slide 1: AIM: KDR

    AIM: KDR www.kareliandiamondresources.com

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. Slide 8: Kimberlite Pipe: Essential pathway for diamonds

    Kimberlite Pipe: Essential pathway for diamonds formed deep below Earth’s crust Volcaniclastic Kimberlite Pipe - Cross-section Karelian Diamond Resources 8

  9. Slide 9: Lahtojoki Diamond Deposit - Location

    Lahtojoki Diamond Deposit - Location Karelian Diamond Resources 9

  10. 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

  11. 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

  12. 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

  13. Slide 13: Lahtojoki Deposit – Diamond Quality

    Lahtojoki Deposit – Diamond Quality Lahtojoki Diamonds High (60%) gem quality diamonds Karelian Diamond Resources 13

  14. Slide 14: Lahtojoki Deposit – Pink Diamonds

    Lahtojoki Deposit – Pink Diamonds Lahtojoki Pink Diamonds Karelian Diamond Resources 14

  15. 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

  16. 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

  17. Slide 17: Diamond Exploration Focus – Kuhmo Region

    Diamond Exploration Focus – Kuhmo Region Karelian Diamond Resources 17

  18. 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

  19. 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

  20. 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

  21. 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

  22. 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

  23. 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

  24. Slide 24: Till Sampling Process

    Till Sampling Process Karelian Diamond Resources 24

  25. 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

  26. Slide 26: Garnet Chemistry

    Garnet Chemistry Data used in RNS – 9 Aril 2024 Karelian Diamond Resources 26

  27. Slide 27: Nickel – Copper – Platinum Group Elements Potential in Northern Ireland

    Northern Ireland NICKEL – COPPER – PLATINUM GROUP ELEMENTS POTENTIAL IN NORTHERN IRELAND Karelian Diamond Resources 27

  28. Slide 28: History of Nickel-Copper-PGE discoveries in Diamond Exploration

    History of Nickel-Copper-PGE discoveries in Diamond Exploration Diamond exploration can lead 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 a diamond exploration programme,

  29. Slide 29: Initial Northern Ireland Exploration Programme

    Initial Northern Ireland Exploration Programme The historic diamond discovery of the Brookeborough diamond, together with more recent reports of the recovery of kimberlite chromites in the area prompted Karelian to initiate a diamond exploration programme in Northern Ireland The Colebrooke River in

  30. Slide 30: Stream Sediment Survey

    Stream Sediment Survey Stream sediment sampling in County Fermanagh Initial work done - 2022 – further sampling done in 2023 Karelian Diamond Resources 30

  31. Slide 31: Stream Sediment Results indicated Nickel-Copper-PGE source

    Stream Sediment Results indicated Nickel-Copper-PGE source Samples were dispatched to ODM laboratory in Canada for kimberlitic indicator mineral analysis The results were not, however, indicative of a kimberlite source i.e. diamond source The indicator minerals instead were indicative of the presenc

  32. Slide 32: Acquisition of Additional Licences

    Acquisition of Additional Licences Detailed geological and geophysical follow up review led to the acquisition of additional Licences over adjacent acreage Company’s overall land position in Northern Ireland now covers c.750Km² Karelian Diamond Resources 32

  33. Slide 33: Location of Additional Licences

    Location of Additional Licences Karelian licence area Karelian Diamond Resources 33

  34. Slide 34: Bouger Gravity Survey

    Bouger Gravity Survey Dromore Gravity High 10km Karelian licence area Karelian Diamond Resources 34

  35. Slide 35: Further Stream Sediment Survey over Enlarged Licence Area

    Further Stream Sediment Survey over Enlarged Licence Area Results confirmed the prospectivity of the Company’s enlarged licence area for Nickel - Copper - PGE Over 1,000 indicator minerals, primarily MMSIM’s Chromite and Forsterite with some Chalcopyrite and gold grains identified Microprobe analysi

  36. Slide 36: Summary

    Summary 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 Northern Ireland Initial diamond exploration led to positive Nickel – Coppe

  37. Slide 37: AIM: KDR

    AIM: KDR www.kareliandiamondresources.com

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