North Arrow Minerals Inc. · TSXV:NAR
North Arrow Minerals — Investor Presentation (April 2023)
25 slides from North Arrow Minerals's investor presentation, Apr 24, 2023
Slide 1: DeStaffany Lithium Project
TSXV: NAR DeStaffany LITHIUM PROJECT Northwest Territories, Canada April 24th, 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 management and directors have a successful track record of resource discovery and development in Canada’s North. 3
Slide 4: Why Invest in North Arrow
WHY INVEST IN NORTH ARROW We have the recipe for success in the junior resource sector. GOOD MANAGEMENT GOOD PROJECT GOOD TIMING • Decades of successful • DeStaffany Project – • Lithium demand is experience exploring under the radar in strong with >10% Canada’s North – Yellowknife Pegmatite supply g
Slide 5: Project Pipeline
PROJECT PIPELINE Advanced Stage Advanced Stage Lithium Diamonds 1 DeStaffany Assessing a known (100%) diamond deposit Spodumene lithium 1. Naujaat (60%) pegmatite project Significant diamond Oro 3 Baffin Island inventory; High-value fancy Bathurst orange-yellow diamonds 2 Grassroots Lithium Loki Inl
Slide 6: DeStaffany Lithium Project
DESTAFFANY LITHIUM PROJECT • 115 km East of Yellowknife • 18 km Northeast of Nechalacho REE Mine • Air/barge access to Yellowknife and to rail head Patriot Battery at Hay River on south side of Great Slave Lake Li-FT Power Metals (40%) Li-FT • 100% interest (acquired for cost of staking + NSR) Loyal
Slide 7: DeStaffany Project - Spodumene Pegmatites
DESTAFFANY PROJECT - Spodumene Pegmatites • Yellowknife Pegmatite Province (YKPP) • Same setting as Li-FT Power’s Yellowknife Lithium Project Patriot Battery • Other players in area include Patriot Battery Li-FT Power Metals (40%) Li-FT Metals, Loyal Lithium, and Gama Explorations Loyal Lithium Powe
Slide 8: DeStaffany Lithium Project
DESTAFFANY LITHIUM PROJECT • Two spodumene pegmatites: Moose 1 and Moose 2 • Within several hundred metres of Great Slave Lake. • Moose 2 was test mined for Ta, Nb, Sn in the 1940’s & 50’s • Never evaluated for lithium • Excellent potential for additional lithium Pegmatite pegmatites, including two
Slide 9: Moose 2 Pegmatite – up to 40% Spodumene
MOOSE 2 PEGMATITE – up to 40% Spodumene • 450m strike length; up to >30m wide • Zoned LCT type pegmatite • Feldspar + quartz + spodumene + muscovite • Locally up to 40% spodumene • Local Amblygonite (Li phosphate) zones (up to 8.4% Li2O; 38.2% P2O5) could provide lithium upside. Pegmatite Showings 2
Slide 10: Moose 2 Pegmatite – Historic Mining
MOOSE 2 PEGMATITE – Historic Mining • Historic mining focused on recovering Ta and Nb • Megacrystic (up to 1m) spodumene in pit wall • Spodumene not targeted by past mining • Pegmatite dips 50-80 degrees to the west (away from view on right) DeStaffany Mill abutments - Great Slave Lake in background
Slide 11: Moose 2 Pegmatite – Spodumene Megacrysts
MOOSE 2 PEGMATITE – Spodumene Megacrysts SP SP SP • Historic mining focused on recovering Ta and Nb • Megacrystic (up to 1m) spodumene in pit wall SP • Spodumene not targeted by past mining SP • Pegmatite dips 50-80 degrees to the west SP (away from view on right) SP SP SP SP SP SP SP SP SP SP SP SP
Slide 12: Moose 1 Pegmatite
MOOSE 1 PEGMATITE • Never drilled • 370m strike length • Averages 4.5 to 6m in width; max width ~11m • Zoned LCT Type Pegmatite • Lack of Ta-Nb mineralization therefore little past evaluation Pegmatite Showings 3.7% Li2O Moose 1 Moose 2 1.5% Li2O over 7.5 m 1.7 Li2O 12
Slide 13: Moose 1 Pegmatite – Spodumene Mineralization
MOOSE 1 PEGMATITE – Spodumene Mineralization • Spodumene with lesser amblygonite • Amenable to channel sampling • 1.5% Li2O / 7.5m from 2009 channel sample Including M1-07: 2.8% Li2O / 1m 3.7% Li2O 1.5% Li2O over 7.5 m 1.7 Li2O 13
Slide 14: DeStaffany Project – Prospecting Targets
DESTAFFANY PROJECT – Prospecting Targets • Prospecting target areas identified outside of the Moose 1 and Moose 2 pegmatites • Based on review of historic lithogeochemistry survey & satellite imagery • Li or Li + Cs Targets • Includes two targets corresponding with pegmatite noted by Navigator. Moos
Slide 15: DeStaffany Project – 2023 Field Work
DESTAFFANY PROJECT – 2023 field work Can the Moose pegmatites produce a marketable spodumene concentrate? Moose pegmatites: • Mapping / channel sampling SP • ‘Bulk’ sampling spodumene zones for mineral characterization & SP recovery studies SP • Delineation drilling to define strike SP SP & depth ex
Slide 16: Bathurst Inlet Lithium Property, NU
BATHURST INLET LITHIUM PROPERTY, NU • Part of strategic alliance with Panarc to identify and acquire lithium pegmatite opportunities in the NWT and NU. • Pegmatites have been known to occur in the Bathurst Inlet area for many decades. • Yet to be assessed for spodumene and related lithium mineraliza
Slide 17: Bathurst Inlet Lithium Property, NU
BATHURST INLET LITHIUM PROPERTY, NU Example of potential Pegmatite at the Ox5 claim Example of potential Example of potential Pegmatite at the Pegmatite at the Ox3 Bathurst Inlet Claims claim. 17
Slide 18: YKPP - Acquisition Costs & Market Caps
YKPP - ACQUISITION COSTS & MARKET CAPS $308 Market Cap – Pre-Acquisition vs Now $128 Interest $45 Company Acquisition Cost Earned Li-FT 100% $142,920,000 $2,900,0001 Market Cap in Millions GAMA 100% Loyal Lithium 60-100% $4,575,000 $21 $308 Midas Minerals 80% $11,500,0002 $186 North Arrow 100% $43,0
Slide 19: Predicted Lithium Deficit = Interest in Exploration
PREDICTED LITHIUM DEFICIT = interest in exploration If all planned mines reach production by 2030, there will still be a >10% Lithium supply deficit Images and text (other than Li Price index graph) from infographic developed an designed by Henrique Ribeiro and Melenie Yuen for S&P Global, January 2
Slide 20: Close to the Community
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 looking southwes
Slide 21: Milestones & Catalysts for 2023
MILESTONES & CATALYSTS FOR 2023 Advanced Discovery Brownfields Lithium Diamonds Diamonds Gold Project Milestones / Catalysts Details Potential for expansion & Mapping, sampling, prospecting; follow up drilling DeStaffany, NT new discovery Stakeholder / Community engagement & permitting Mineralogy of
Slide 22: Leadership Team & Board
LEADERSHIP TEAM & BOARD D. Grenville Thomas (Chairman) Founder of Aber Resources, discoverer of the Diavik Diamond Mine, WEALTH OF Nechalacho Rare Earth Deposit; Canadian Mining Hall of Fame inductee. EXPERIENCE Ken Armstrong P.Geo. (President, CEO, Director and Qualified Person under NI 43-101) Exp
Slide 23: In the Market
IN THE MARKET TSXV: NAR Share Price $0.07 (as of Apr 21, 2023) Market Cap $10 M Investing in… Issued 139 M Options 9.2 M ❖ A Highly Experienced Team with a Pipeline of Projects in Lithium, Gold and Diamonds Warrants 38.3 M (33.8 M @ $0.10, 4.6 M @ $0.18) ❖ Near term Lithium news flow Fully Diluted 1
Slide 24: New Financing
NEW FINANCING April 24th, 2023: Announced a non-brokered $2 million private placement TSXV: NAR Mix of Flow-Through Units and Non-Flow-Through Units Share Price $0.07 (as of Apr 21, 2023) Market Cap $10 M ▪ $0.08 flow-through unit Issued 139 M Options 9.2 M ❑ 1 flow-through share plus one half (1/2)
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
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