Arctic Star Exploration Corp. · TSXV:ADD
Arctic Star Exploration — Investor Presentation (March 2020)
29 slides from Arctic Star Exploration's investor presentation, March 2020
Slide 1: Corporate Presentation March 2020
TSX-V: ADD | FRA: A182.F CORPORATE PRESENTATION MARCH 2020
Slide 2: Cautionary Statement on Forward Looking Information
CAUTIONARY STATEMENT ON FORWARD LOOKING INFORMATION These presentation materials (“the Presentation Materials”) are being supplied to you for information purposes only on Arctic Star. (the “Company”). These Presentation Materials have been prepared by and are the sole responsibility of the Company.
Slide 3: Board of Directors & Management
BOARD OF DIRECTORS & MANAGEMENT Patrick Power Buddy Doyle Roy Spencer Scott Eldridge PRESIDENT & CEO, VP EXPLORATION, COUNTRY MANAGER, DIRECTOR DIRECTOR DIRECTOR DIRECTOR Thomas Yingling Sean Charland Binny Jassal DIRECTOR DIRECTOR CFO 3
Slide 4: Arctic Star Share Structure
ARCTIC STAR SHARE STRUCTURE Shares 43,730,854 Warrants 23,144,548 Options 4,256,750 Fully Diluted 71,132,152 4
Slide 5: Diavik Mine Multi Billion Dollar Diamond Mine Discovery
DIAVIK MINE MULTI BILLION DOLLAR DIAMOND MINE DISCOVERY Buddy Doyle (Photo above) Leader of the exploration team that discovered the Diavik Diamond Mine in Canada. Diavik has produced over 100 million carats since 2003. Diavik is operated by Rio Tinto and sold 40% to the Washington Group for $1.2B.
Slide 6: Grib Mine Multi Billion Dollar Diamond Mine Discovery
GRIB MINE MULTI BILLION DOLLAR DIAMOND MINE DISCOVERY Roy Spencer (Photo above) led the team that discovered the Grib Diamond Mine in Russia, the 8th largest diamond mine in the world. Same geological belt as our Timantti diamond project. Otkritie Industrial Investments purchased Grib for 1.45B. AGD
Slide 7: Regional Till Sample – More to Be Found
REGIONAL TILL SAMPLE – MORE TO BE FOUND Arctic Star and previous workers Vasa have found numerous diamond indicator minerals in the till samples Wolves Red dots are indicator minerals, the large the dots have more indicators Topo map in purple shade are our exploration reservations Blue boxes show a
Slide 8: Timantti Finland – A New Kimberlite Field
TIMANTTI FINLAND – A NEW KIMBERLITE FIELD Finland Was Ranked as World’s #2 Mining Jurisdiction in the world by the Fraser Institute 2020. 100% Interest 243 Ha Exploration Permit near the town of Kuusamo. No Royalties. District Scale Land Package: 193,700 Hectares or Exploration Reservation. Same Geo
Slide 9: Timantti – World Class Infrastructure
TIMANTTI – WORLD CLASS INFRASTRUCTURE The Timantti diamond project lies between Kuusamo and the Russian border. It has excellent infrastructure and is possible to take a taxi from the airport to the project only 24 km away. Air photo Kuusamo. Kuusamo lies on crossroads of The municipality has a popu
Slide 10: Timantti History – 2018 Work Program
TIMANTTI HISTORY – 2018 WORK PROGRAM 4 Diamond Bearing Kimberlites Discovered 2 More Kimberlites Recently Discovered Ground Geophysics Complete: Magnetic, Gravity and EM Surveys Excavator Till Sampling: 20 Samples ~50lbs Drilled Approximately 600m 10
Slide 11: Timantti – Exploration Reservation
TIMANTTI – EXPLORATION RESERVATION RUSSIA Exploration Reservation 193,700 Ha Covers the extent of the large kimberlite indicator plume known from the Russian border. Wolves Public data thought to outline the KUUSAMO ARCTIC STAR extent of Timantti project kimberlite field. ICE DIRECTION AND LOCATION
Slide 12: Timantti – 6 Kimberlites Field Discovery
TIMANTTI – 6 KIMBERLITES FIELD DISCOVERY Plug & Karhu Vasa Dykes White, Black, and Grey Wolf 12
Slide 13: Timantti – Diamond Results
TIMANTTI – DIAMOND RESULTS Sample Total Kimberlite +0.106mm +0.15mm +0.212mm +0.3mm +0.425mm +0.60mm +0.85mm +1.18mm Weight Kg Stones Grey Wolf 101.66 29 14 13 8 1 1 0 0 66 (Drill) Grey Wolf 99.98 28 18 20 8 1 2 0 1 78 (Trench) Black 349.75 267 138 87 45 16 3 3 0 559 Wolf Vasa 25.74 1 5 5 0 0 0 0 0
Slide 14: Timantti – White Wolf Diamond Results
TIMANTTI – WHITE WOLF DIAMOND RESULTS Sample Total Kimberlite +0.106mm +0.15mm +0.212mm +0.3mm +0.425mm +0.60mm +0.85mm +1.18mm Weight Kg Stones Sample Total Kimberlite +0.106mm +0.15mm +0.212mm +0.3mm +0.425mm +0.60mm +0.85mm +1.18mm Weight Kg Stones New 262.33 393 168 95 62 18 11 7 3 758 Previous
Slide 15: Timantti – Drill Collars
TIMANTTI – DRILL COLLARS Plug & Karhu Location of drill collars and Kimberlites Vasa Dykes discovered to date Karhu and Plug are new summer 2019 Grey Wolf discoveries, diamond results awaited Grey background Digital Elevation model Ice direction characterized by drumlins White Wolf Scale bar 500m 15
Slide 16: Timantti – New Targets
TIMANTTI – NEW TARGETS Wolf Comet Cubs Wolf Pack Meteor New New Arctic completed a 600 km2 UAV magnetic survey New this Summer, adding to our Winter ground Mag New Greenstones belts and gabbro sills dominate the image as long linear Mag highs Some of the new targets highlighted, arrows, kimberlite t
Slide 17: Timantti – New Targets Continued
TIMANTTI – NEW TARGETS CONTINUED Karhu Plug Wolf Pack Gen 2 New Drill Targets 38 New untested drill targets for 2020. Red Vasa Discovery arrows point to the top priority targets. Wolf Pack Discovery Comet Target As little as 1-3 m overburden. (Drill Target) The Wolves seem to form an East-West trend
Slide 18: Timantti – New Kimberlite Karhu
TIMANTTI – New Kimberlite Karhu Karhu 18
Slide 19: Timantti – Plug New Kimberlite
TIMANTTI – Plug New Kimberlite Plug 19
Slide 20: Canada – Diagras Project
CANADA – DIAGRAS PROJECT Diavik has produced over 100 million carats of diamonds since 2003. It’s currently operated by Rio Tinto and sold 40% to the Washington Group for $1.2B. The Diagras Property (40% Arctic Star & 60% Margaret Lake) consists of 29 contiguous claims encompassing an area of 22,595
Slide 21: Diagras – Joint Venture
DIAGRAS – JOINT VENTURE Diagras property in Blue JV Arctic Star (40%) & Margret Lake (60%). The Property contains 13 known kimberlites discovered by DeBeers with Mag in the 1990's. We are targeting non-magnetics using new and improved gravity technology. Green Diamonds are kimberlites. Blue Diamonds
Slide 22: Diagras – Black Spruce Kimberlite
DIAGRAS – BLACK SPRUCE KIMBERLITE MAG SURVEY 2017 GRAVITY SURVERY 2017 New Drill Targets Yellow Dots (De Beers) Red Dots Gravity surveys show contrasts of Pyroclastic (Majescor) previous drill holes. Kimberlite and kimberlite breccia revealing rock that is less dense than the surrounding country roc
Slide 23: Diagras – Jack Pine Kimberlite
DIAGRAS – JACK PINE KIMBERLITE Spring 2017 ground geophysical surveys Gravity Color image Ohm Mapper EM results, Survey 380m Elevation Slice Contours Ground Magnetics Red and yellow dots previously drilling by previous explorers Red arrow large untested EM anomaly Diamond Size (mm) Kimberlites Sampl
Slide 24: Diagras – Suzanne Kimberlite
DIAGRAS – SUZANNE KIMBERLITE Gravity Suzanne Kimberlite is assumed to be a magnetic low, (blue arrow). Ground Geophysical surveys conducted in spring 2017. A second drill target has been discovered showing a separated gravity low, and linear EM anomaly coincident EM with a break in a Diabase dyke. 2
Slide 25: Diagras – HL02 Kimberlite
DIAGRAS – HL02 KIMBERLITE Two drill holes where previously drilled into a Kimberlite was intersected. The EM anomaly magnetic low shown by the red arrow. shown above and located on the magnetic image by the black arrow, seems to break a Diabase dyke. 25
Slide 26: Stein Project - Location & Option with GGL
STEIN PROJECT - LOCATION & OPTION WITH GGL GGL Resources Corp. has the option to earn into Arctic Star’s Stein Project up to 60% by conducting ground geophysics on high priority drill targets and discovering kimberlite by drilling, trenching or in outcrop Stein property owns 4 permits covering 1,065
Slide 27: Stein Project
Stein Project Potential New Diamond District Indicator Minerals on Airborne Magnetics • Next steps – target evaluation with drilling • Indicator minerals with diamond inclusion chemistry down ice from high priority targets • Nearest known kimberlites 240km SE; perpendicular to regional ice flow • De
Slide 28: Stein Project
Stein Project Stein Ground Magnetic Signatures • Stein ground magnetic targets display characteristics consistent with magnetic signatures over known kimberlites elsewhere at parallel latitudes which have intruded Arctic Platform Cambrian - Devonian carbonate rocks. Similar geology also found on the
Slide 29: Contact Details
Floor 1100 - 1111 MELVILLE ST VANCOUVER, B.C. V6E 3V6 WWW.ARCTICSTAR.CA Patrick Power, President & CEO 604-689-1799 INFO@ARCTICSTAR.CA 29
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