Karelian Diamond Resources PLC · LSE:KDR
Karelian Diamond Resources — Shareholder Meeting (2024)
33 slides from Karelian Diamond Resources's shareholder meeting presentation, 2024
Slide 1: AIM: KDR
AIM: KDR www.kareliandiamondresources.com
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
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
Slide 4: Lahtojoki Diamond Deposit - Location
Lahtojoki Diamond Deposit - Location Karelian Diamond Resources 4
Slide 5: 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
Slide 6: 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
Slide 7: 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
Slide 8: Lahtojoki Deposit – Diamond Quality
Lahtojoki Deposit – Diamond Quality Lahtojoki Diamonds High (60%) gem quality diamonds Karelian Diamond Resources 8
Slide 9: Lahtojoki Deposit – Pink Diamonds
Lahtojoki Deposit – Pink Diamonds Lahtojoki Pink Diamonds Karelian Diamond Resources 9
Slide 10: 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 10
Slide 11: Diamond Exploration Focus – Kuhmo Region
Diamond Exploration Focus – Kuhmo Region Karelian Diamond Resources 11
Slide 12: 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
Slide 13: 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
Slide 14: 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
Slide 15: Kimberlites in the Kuhmo region of Finland
Kimberlites in the Kuhmo region of Finland Kimberlites appear to follow NW – SE trending main structures and intersecting minor structures on an electromagnetic imaginary component map. The new reservation Kuumu 1 is located 30 km NW of the Green Diamond discovery (Kuhmo 1). Karelian Diamond Resourc
Slide 16: 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
Slide 17: 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 17
Slide 18: 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 18
Slide 19: Till Sampling Process
Till Sampling Process Karelian Diamond Resources 19
Slide 20: 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
Slide 21: Garnet Chemistry
Garnet Chemistry Data used in RNS – 9 Aril 2024 Karelian Diamond Resources 21
Slide 22: Colebrooke Project Nickel, Copper and Platinum Group Elements
COLEBROOKE PROJECT Nickel, Copper and Platinum Group Elements
Slide 23: 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
Slide 24: 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 deposits. 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 p
Slide 25: Heavy Indicator Mineralogy Technique in Mineral Exploration
Heavy Indicator Mineralogy Technique in Mineral Exploration Indicator mineralogy is used to explore for a wide variety of deposit types from a single survey including: Kimberlite Indicator Minerals (“KIMS”) Metamorphosed or Magmatic Massive Sulphide Indicator Minerals 1. Volcanosedimentry Massiv
Slide 26: Stream Sediment Results Indicated Nickel-Copper-PGE Source
Stream Sediment Results Indicated Nickel-Copper-PGE Source Samples were dispatched to Overburden Drilling Cr – and Mg – rich Chromite (CR) Management laboratory (‘ODM’) in Canada for indicator mineral analysis The results were not of a kimberlite source but indicated of the presence of a magmati
Slide 27: Stream Sediment Sampling Programme Highly Anomalous Results Recorded
Stream Sediment Sampling Programme Highly Anomalous Results Recorded Fivemiletown Enniskillen 20 KM
Slide 28: Antrim Lava Group and Timeings
Antrim Lava Group and Timeings Anderson et al 2016 40 KM GSNI The Geology of Northern Ireland
Slide 29: GSNI Bouger Gravity Survey
GSNI Bouger Gravity Survey Dromore Gravity High Karelian licence 10km area 29
Slide 30: Magnetics, gravity and copper long sections
5km Magnetics RTP Grid, Cu UT8 Gravity Long Section X_sec 1 & Donegal-Kingscourt Dike overlay SW NE MagSus Long Section X_sec 1 SW NE UT8 Cu (ppm) L_1N to L_11N & sec 1, 2 = inversion section lines 5km
Slide 31: Additional Factors: Critical Metals and Energy Transition
ADDITIONAL FACTORS CRITICAL METALS AND ENERGY TRANSITION Platinum, Palladium and Nickel are classified as Critical metals Nickel and Copper are important metals in the energy transition (IMF 2021) Battery demand for nickel to rise to 30% in 2030 Nickel prices to move structurally higher UK criticali
Slide 32: Critical Metals and Energy Transition
CRITICAL METALS AND ENERGY TRANSITION 32
Slide 33: 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
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