Karelian Diamond Resources PLC · LSE:KDR

Karelian Diamond Resources — Investor Presentation (March 2021)

22 slides from Karelian Diamond Resources's investor presentation, March 2021

  1. Slide 1: Karelian Diamond Resources (AIM: KDR)

    AIM: KDR www.kareliandiamondresources.com

  2. Slide 2: Disclaimer

    DISCLAIMER • This Document comprises an institutional presentation (the “Presentation”) which has been prepared by and is the sole responsibility of Karelian Diamond Resources (the “Company”) • The content of this Presentation has not been approved by an authorised person within the meaning of the U

  3. Slide 3: Company Objective

    COMPANY OBJECTIVE DEVELOPMENT of THE LAHTOJOKI DIAMOND DEPOSIT and DISCOVERY OF FURTHER DIAMOND DEPOSITS Karelian Diamond Resources 3

  4. Slide 4: The Karelian Craton (Baltic Shield): A World Class Address for Diamonds

    THE KARELIAN CRATON (BALTIC SHIELD) A WORLD CLASS ADDRESS FOR DIAMONDS The Karelian Craton (Baltic Shield) straddles Finland and Russia and is larger in area than the diamond rich Canadian Slave Lake Craton Two world class diamond deposits Lomonosov have been discovered in the & Grib Russian sector

  5. Slide 5: Lahtojoki Diamond Deposit

    LAHTOJOKI DIAMOND DEPOSIT Lahtojoki Diamond Deposit in Finland acquired Preliminary Economic Assessment (“PEA”) based on the data and reports by previous Operators completed. Positive outcome technically and financially Significant percentage of pink diamonds Mining Permit to proceed with developmen

  6. Slide 6: Lahtojoki Deposit – Diamond Quality

    LAHTOJOKI DEPOSIT – DIAMOND QUALITY Lahtojoki Diamonds High (60%) gem quality diamonds Karelian Diamond Resources 6

  7. Slide 7: Lahtojoki Deposit – Pink Diamonds

    LAHTOJOKI DEPOSIT – PINK DIAMONDS Pink diamonds are present in the Lahtojoki deposit Pink diamonds only accounted for >5% of the production at the Argyle mine in Australia, yet generated c.50% of the revenue Lahtojoki Pink Diamonds Karelian Diamond Resources 7

  8. Slide 8: PEA Highlights – Lahtojoki Deposit

    PEA HIGHLIGHTS – LAHTOJOKI DEPOSIT PEA suggests 2.11M Carats recoverable with a gross value of US$211M Mining operation recommended 5.6 million tonnes at c.40 cpht Nine year mine life indicated: Payback year 2 IRR 55% and NPV (@8%) US$39.1M Lahtojoki Kimberlite showing proposed open pit Lahtojoki Di

  9. Slide 9: Lahtojoki: Adjacent Potential

    LAHTOJOKI : ADJACENT POTENTIAL Lahtojoki Mining Concession Lahtojoki Kimberlite Kimberlites tend to occur in clusters Kimberlite boulders have been discovered to the south of Lahtojoki which cannot be derived from the Lahtojoki Kimberlite The ilmenite composition from the boulders suggests that the

  10. Slide 10: Lahtojoki South: Boulder

    LAHTOJOKI SOUTH : BOULDER Photograph of polished boulder cut surface Photograph of Kimberlite boulder material hypabyssal Kimberlite Karelian Diamond Resources 10

  11. Slide 11: Lahtojoki South: Boulder

    LAHTOJOKI SOUTH : BOULDER Two pyrope grains and at least 2 generations of olivine pseudomorphs Karelian Diamond Resources 11

  12. Slide 12: Diamond Exploration in Kuhmo

    DIAMOND EXPLORATION IN KUHMO Diamond exploration in the Kuhmo region of Eastern Finland next to the Russian border: Successes by the Company to date include: • Discovery of a green diamond in a till sample • Discovery of a previously unknown kimberlite body at Riihivaara • Discovery of twenty additi

  13. Slide 13: Green Diamond Discovery

    GREEN DIAMOND DISCOVERY Green diamond discovered by the Company in a till sample in Kuhmo Anomaly 5 Such a discovery is a very rare and significant event in exploration ODM Laboratory, in Canada, which has processed more than 50,000 exploration till samples has recovered less than 10 naturally occur

  14. Slide 14: Green Diamond Discovery

    GREEN DIAMOND DISCOVERY Sparkling clear crystal with clean faces Colour greenish Diameter 0.8mm Dodecahedron shape Karelian Diamond Resources 14

  15. Slide 15: Anomaly 5 Orangeite (Group II) Kimberlite Discovered

    ANOMALY 5 ORANGEITE (GROUP II) KIMBERLITE DISCOVERED Orangeite (Group II Kimberlite) Discovery Drill core from Anomaly 5 Karelian Diamond Resources 15

  16. Slide 16: Riihivaara: Karelian Kimberlite Discovery

    RIIHIVAARA: KARELIAN KIMBERLITE DISCOVERY New kimberlite body discovered by the Company at Riihivaara in the Kuhmo region of Finland Indicator Mineral analysis indicates that the kimberlite is likely to be diamondiferous Group I Eclogitic pyropes present Geotherm prospective for diamonds. Kimberlite

  17. Slide 17: Riihivaara Kimberlite Discovery

    RIIHIVAARA KIMBERLITE DISCOVERY Kimberlite discovery pit Kimberlite discovered by Karelian Karelian Diamond Resources 17

  18. Slide 18: Riihivaara Drill Core Kimberlite Intersected

    RIIHIVAARA DRILL CORE KIMBERLITE INTERSECTED Olivine macrocrystic kimberlite Purple pyrope 6mm xenocryst with presumed kelyphytic rim Karelian Diamond Resources 18

  19. Slide 19: Seitaperä: Diamondiferous Orangeite (Group II) Kimberlite

    SEITAPERÄ: DIAMONDIFEROUS ORANGEITE (GROUP II) KIMBERLITE Macro and micro diamonds from drill core 6.9ha Orangeite (Group II) Kimberlite defined Shown by Company to be the largest known kimberlite in Finland to date Abundant mantle xenoliths in kimberlite Karelian Diamond Resources 19

  20. Slide 20: Seitaperä Diamondiferous Pipe – Diamonds Recovered

    SEITAPERÄ DIAMONDIFEROUS PIPE – DIAMONDS RECOVERED 67 diamonds recovered from 100kg sample Included 6 macro-diamonds (>0.5mm) Good white colour, clarity and preservation Confirms Seitaperä is diamondiferous, in keeping with mineral chemistry results Abundant peridotite mantle xenoliths Karelian Diam

  21. Slide 21: Summary

    SUMMARY LAHTOJOKI DIAMOND DEPOSIT – PINK DIAMONDS PRESENT; MINING PERMIT AWAITED ADJACENT DIAMOND POTENTIAL TO LAHTOJOKI KUHMO GREEN DIAMOND DISCOVERY RIIHIVAARA KIMBERLITE DISCOVERY SEITAPERÄ: LARGE 6.9HA DIAMONDIFEROUS KIMBERLITE PIPE OTHER EXPLORATION TARGETS UNDER APPLICATION: LIPERI AND SALLA R

  22. Slide 22: Karelian

    Karelian Diamond Resources AIM: KDR www.kareliandiamondresources.com

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