Karelian Diamond Resources PLC · LSE:KDR
Karelian Diamond Resources — Minesite Forum (May 2007)
15 slides from Karelian Diamond Resources's conference presentation, May 2007
Slide 1: Towards the first economic diamond discovery in the European Union
K*ARELIAN EXPLORE/PISCOVER/DEVELOP DIAMOND RESOURCES | Towards the first economic diamond discovery in the European Union...
Slide 2: Highly Diamond-Prospective, Sub-arctic, Politically Stable
Highly Diamond-Prospective - all necessary geological conditions met Sub-arctic Environment - well-developed infrastructure and access Politically Stable - European Union member - secure title - progressive mining legislation Mining Culture - skills and services readily available
Slide 3: Heatflow, Age, Thickness
Heatflow – cold <40mW/m² Age – Archean (±3 Ga) Thickness – 200 km lithosphere Diamondiferous – world-class in Russia – Seitaperä, Lahtojoki etc. in Finland…
Slide 4: Four Diverse Areas, Known Kimberlite Province
Four Diverse Areas – excellent geographical spread throughout prospective craton Known Kimberlite Province – Kuhmo hosts several pipes including licenced Seitaperä Sound Selection Rationale – geophysical and or indicator mineral target evidence Numerous Targets – 50 KIM-defined targets in the four e
Slide 5: KIM's and Geophysics
KIM’s kimberlite specific minerals and diamond formation specific minerals Geophysics concurrent magnetic anomalies
Slide 6: Exploration, Evaluation, Development
Exploration – airborne and ground magnetics and geophysics regional and detailed indicator mineral sampling target location and drilling campaigns Evaluation – micro-diamond studies bulk sampling reserve estimation diamond statistics Development – mine feasibility and planning mine construction/oper
Slide 7: Aeromagnetic & Regional Till Surveys to Kimberlite Evaluation
Aeromagnetic & Regional Till Surveys → claim reservations and claim selections Detailed Till Sampling & Ground Magnetics → mineral train delineation and target location → extensive (≈4,000) proprietary sample data base Exploratory Drilling & Trenching → target confirmation and characterization Kimbe
Slide 8: Seitaperä Kimberlite Pipe (#16) – 4 Ha Area
Seitaperä Kimberlite Pipe (#16) – 4 Ha Area – established pipe, largest in Finland to date, indications of further pipes as part of a cluster Proven Diamondiferous – 1.09 cpht from a limited 4.6t single drill hole sample Encouraging Characteristic – significant size mid-diatreme – potential lower di
Slide 9: Ground Magnetics, Surface Sampled, Multi-Facies
Ground Magnetics Surface Sampled Multi-Facies
Slide 10: Corporate Background in Successful Mine Discovery and Development
Corporate Background in Successful Mine Discovery and Development Galmoy (Ireland) – Zn Pogo (Alaska) – Au Mwadui (Tanzania) - Diamond In-house Evaluation & Development Experience Koidu (Sierra Leone) – bulk sampling & development Camutue (Angola) – evaluation & feasibility studies Kao (Lesotho) – e
Slide 11: Scenario: a 4 Ha Pipe at 0.5 cpt at US$100/ct
Scenario: a 4 Ha Pipe at 0.5 cpt at US$ 100/ct ≈20 Mt of kimberlite to 300 metres depth ≈10 million carats for € 740 million gross value ≈€ 37 per tonne ore value Successful Canadian Examples: Ekati [BHP] - 57 Mt @ 0.3-1.5 cpt & US$ 26-200/ct € 7,980 M GV Kennady [MPV] - 28 Mt @ 1.6 cpt & US$ 83/ct
Slide 12: Seitaperä versus Canadian pipes
Seitaperä: 1 pipe so far… 4 Ha ±20 Mt Canada: Ekati - 5 pipes 0.4-5 Ha. 57 Mt Kennady - 3 pipes 1-2 Ha. 28 Mt Diavik - 3 pipes ≈1 Ha ea. 37 Mt Jericho - 1 pipe 1.2 Ha. 7 Mt
Slide 13: Sub-Arctic Environment and Mining Culture
Sub-Arctic Environment: Readily accessible – developed road network Infrastructure – population centres and power Mining Culture: Natural resources background Skilled workforce Ease of permitting – existing mines demonstrate
Slide 14: IPO at 5p in September 2005, No Dilution since IPO
IPO at 5p in September 2005 currently (May 2007) @ 7. 5p, Mkt.Cap. £ 3.36 No Dilution since IP0 44.8M shares issued: <12M free-trading Conroy Plc – 62% Gartmore Fund Managers – 11% Major Opportunities for Capital Growth Throughout the Advancement Process Exploration Discovery Evaluation Development
Slide 15: Highly Prospective – Equal to NW Canada
Highly Prospective – Equal to NW Canada World-class Projects in the Area Proven Management Track Record and Expertise 50 Kimberlite Indicator Mineral Targets Identified Proven Diamond-bearing Kimberlite
Karelian Diamond Resources — Minesite Forum (May 2007) on 6ix