Burgundy Diamond Mines Ltd · ASX:BDM

Burgundy Diamond Mines — SAIMM Diamonds – Source to Use – 2021 Hybrid Conference

15 slides from Burgundy Diamond Mines's conference presentation, Jun 9, 2021

  1. Slide 1: Building a New Diamond Company in Challenging Times

    For personal use only Building a New Diamond Company in Challenging Times Burgundy Diamond Mines Limited ASX: BDM Managing Director: Peter Ravenscroft SAIMM – The Southern African Institute of Mining and Metallurgy Diamonds – Source to Use – 2021 Hybrid Conference 9–10 June 2021

  2. Slide 2: Outline

    Outline For personal use only Company Snapshot Diamond Industry Context in 2019 An Innovative Strategy Challenges in Company Formation Early Success Current Projects Impact on the Diamond Sector Outlook Conclusions Burgundy-diamonds.com | Building The World’s Leading Mid-Cap Diamond Company 2

  3. Slide 3: Burgundy Diamonds Snapshot

    Burgundy Diamonds Snapshot For personal use only Strong established base in ASX listing ASX: BDM  An emerging, fast-growing diamond company  Innovative strategy  World-class management team and board  Access to significant funding Issued Shares 273m  Building a balanced portfolio of the world’s

  4. Slide 4: Diamond Industry Context

    Diamond Industry Context The opportunity identified over last 5 years Rough Natural Diamond Supply & Demand, $ Billions For personal use only $20 YOY change: 2020E – 2023F 15 -16% 10% -11% 12% -13% 6% - 7% $15 Optimistic demand  Junior diamond companies have insufficient access to Base demand capit

  5. Slide 5: Innovative Strategy

    Innovative Strategy Doing things differently For personal use only Targeted Project Selection Build SCALE for adequate funding  Use big company approach to accelerate growth Canada  World-class management team with deep technical expertise  Build over-strength Board for future growth Project Bots

  6. Slide 6: Challenges in Company Formation

    Challenges in Company Formation For personal use only Industry hurdles and a global pandemic Headwinds faced by 3 recent new diamond operations (Gahcho Kué, Renard, Liqhobong)  Focus on high-value production (fancy-coloured stones, large and mega diamond production)  Shortfall in realized diamond

  7. Slide 7: Early Success

    Early Success Strong foundation established for future growth Ongoing work programs & continued M&A For personal use only 0.50 Market Confidence Ellendale Option Agreement Launch of BDM Company Rebranding Naujaat + Botswana Deals Expl. Results Kim Truter Joins Board 0.25 Covid-19 Management Team 0.0

  8. Slide 8: Project Overview

    For personal use only Canada Naujaat Project Nanuk Project Peru La Victoria Au-Ag Project Australia Botswana Ellendale Project DES Exploration Alliance Perth Registered Office Project Overview  Global presence  Stable jurisdictions  Partnerships with leading diamond explorers 8

  9. Slide 9: Naujaat Project

    Naujaat Project  North Arrow Minerals: leading diamond For personal use only exploration company in Canada with an advanced stage project  2-phase earn-in structure: 1. BDM earns a 40% interest by completing a 1,500t to 2,000t bulk sample expected to cost C$5.3M. 2. BDM can earn additional 20% by

  10. Slide 10: Botswana Exploration Alliance

    Botswana Exploration Alliance  Diamond Exploration Strategies Pty Ltd For personal use only (DES) is a highly experienced technical team (ex De Beers executives with >60 years of diamond knowledge)  US$1.5 million over three years to finance exploration activities, earning 50% ownership of any dis

  11. Slide 11: Ellendale Diamond Project

    Ellendale Diamond Project  Two-year option agreement with Gibb River Diamonds For personal use only  31,233 Ha property located in Western Australia; 130 km east of Derby  Past production of ca. 1.3 million carats  Previously represented over 50% of the world’s Fancy Yellow diamond supply  Prev

  12. Slide 12: Impact on Diamond Sector

    Impact on Diamond Sector Partnering with competitors for mutual benefit For personal use only  Partner of choice for junior diamond explorers:  Consolidation in Botswana  Select partners in Canada  Assessment of opportunities in Australia  Other countries being assessed (Finland, Brazil)  Posi

  13. Slide 13: Outlook

    Outlook The story continues to unfold For personal use only  Progress on current projects:  Naujaat Phase 1 bulk sample expected to complete in Q4 2021, diamond results in Q1 2022  Botswana 15 target program over next 12 months  Ellendale Project updated resource estimates anticipated in Q3 2021

  14. Slide 14: Conclusions

    Conclusions Emerging success story in challenging times For personal use only  Significant remaining potential in diamond sector  Invigoration by new approach, backed by deep experience and wide networks  Perseverance and persistence in times of great challenge  Strategy evolving to capture emer

  15. Slide 15: Burgundy Diamond Mines Limited Contact

    For personal use only Burgundy Diamond Mines Limited ASX: BDM ABN: 33 160 017 390 www.burgundy-diamonds.com Contact P: +61 8 6313 3945 info@burgundy-diamonds.com Level 25 South32 Tower 108 St Georges Terrace Perth WA 6000 AUSTRALIA

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