Slide 1: Corporate Presentation - September 2018
BOTSWANA DIAMONDS ric Corporate Presentation - September 2018 +) BOTSWANA —_—__
Slide 2: Disclaimer
DISCLAIMER This document is personal to the recipient and has been prepared and issued by Botswana Diamonds plc (the Company) For the purposes ofthis notice the presentation that follows the Presentation shall mean and include the slides that follow, the oral presentation of the slides by the Compan
Slide 3: Botswana Diamonds plc
BOTSWANA DIAMONDS ric AIM: BOD BSE: BOD EXPERIENCED MANAGEMENT VISION BEST ADDRESS Kaapvaal Craton TECHNOLOGY PARTNERSHIPS Dual listed in London & Botswana Team with prior successful commercial diamond discovery (AK6/Karowe): African Diamonds plc returned 25x investment plus BOD Development of quali
Slide 4: Highlights
HIGHLIGHTS Four ventures on the Kaapvaal Craton Maibwe Joint Venture with BCL (ciswana) Joint venture on a block of 10 licences in the Kalahari with partners BCL, Future Minerals and Siseko. Diamonds discovered in earlier drilling Sunland Minerals Joint Venture (otswana) 50/50 Joint venture currentl
Slide 5: Why Diamonds?
WHY DIAMONDS? * Positive long-term outlook: rough diamond supply predictable and stable until 2030; rough diamond demand expected to grow 1-4% per annum * Continued growth of middle class in China and India underpins growth forecast * Rough diamond producers boosting investment in = as generic and b
Slide 6: Exploration Activities
EXPLORATION ACTIVITIES Risk Confidence Thorny River @ Maibwe . Sunland Free State Minerals South Africa rs C2 ¢ ¢ Palmietgat Botswana Mooikloof Time mm ——— Investment a lo
Slide 7: Exploration in Botswana
EXPLORATION IN BOTSWANA * Botswana is the Switzerland of Africa; stable, wealthy a democracy ‘| LL] chobe Distt * World’s largest diamond producer (by value) with world-leading diamond mines: Orapa, Letlhakane, Jwaneng, Damtshaa and Karowe i ° ‘Sowa Tgwnetip, - 7 * Maibwe JV: 10 Licenses in the Kala
Slide 8: +11 Diamond Sieve +9 Diamond Sieve
― • • • • • • • • +11 Diamond Sieve +9 Diamond Sieve 8
Slide 9: Exploration in Zimbabwe
EXPLORATION IN ZIMBABWE * Zimbabwe: Opening for business following the recent democratic elections Long history of diamond production at River Ranch, Murowa and contains the prolific Marange diamond field * Vast Resources plc: MoU signed with Vast to develop Zimbabwe's diamond potential Vast have be
Slide 10: Short-term news flow
BOTSWANA DIAMONDS -ic Short-term news flow « Maibwe Prospectus * Thorny River commercialisation « Update on arrangement with Vast « Sunland Minerals update * Free State drilling results * Mineral chemistry & petrography on Mocikloof
Slide 11: Botswana Diamonds plc
BOTSWANA DIAMONDS -ic * Listed on London AIM and the an Botswana Stock Exchange oe * Experienced team which developed Sz the AK6 (Karowe Mine) in Botswana ace di a * The right address with a balanced ae os - “ F portfolio of early stage and advanced cane kimberlite projects in South Africa and ees A
Slide 12: Contact
12 BOTSWANA DIAMONDS -ic Corporate Presentation - August 2018 Ne —"<—__ BOTSWANA DIAMONDS ptc 162 Clontarf Road Clontarf Dublin 3 Ph: +353 1833 2833 Web: www.botswanadiamonds.co.uk Email: info@botswanadiamonds.co.uk Social Media: https://twitter.com/BotswanaDiamond https://www.facebook.com/BotswanaD
Slide 13: Appendices
APPENDICEES Corporate Presentation - September 2018 BOTSWANA DIAMONDS pic —_ 13
Slide 14: Exploration Activities
EXPLORATION ACTIVITIES Corporate Presentation - September 2018 BOTSWANA DIAMONDS pic —_ 14
Slide 15: Exploration in Botswana
EXPLORATION IN BOTSWANA Botswana IS diamond country 15 World’s best address for diamond investment The Switzerland of Africa; stable, wealthy democracy Continued political stability; rule of law; good title Good governance; prudent economic and natural resource management Robust economic growth supp
Slide 16: Maibwe Joint Venture with BCL
16 MAIBWE JOINT VENTURE WITH BCL * Maibwe Joint Venture owned by BCL (51%), Future Minerals (20%) and Siseko (29%) * Sisekois 51% owned by BOD * BODhasa 15% carry through to Bankable Feasibility Study * 10 licences held by Maibwe in the Kalahari * Surrounding area hosts Gem’s Ghaghoo mine and Petra
Slide 17: Sunland Minerals Joint Venture
17 BOD who is the operator has a current joint venture with Alrosa Sunland Minerals the JV company is a 50/50 heads up; 2017/2018 joint budget of US$1.75m 5 Prospecting Licences held by Sunland Minerals 6 in the Orapa area and 9 in the Kalahari Prospecting is currently mainly focused in the Kalahari
Slide 18: Exploration in South Africa
EXPLORATION IN SOUTH AFRICA Aconfluence of: * — Perceptions of high risk and barriers to entry * — Ahistoric legacy of South Africa as the domain of De Beers, which is no longer the case * — Limited competition for exploration ground * Latest generation diamond exploration technologies not yet appli
Slide 19: +11 Diamond Sieve +9 Diamond Sieve
― • • • • • • • 19 +11 Diamond Sieve +9 Diamond Sieve
Slide 20: Vutomi Venture: Free State Kimberlites
VUTOMI VENTURE: FREE STATE KIMBERLITES Exploration Results * 8kimberlite pipes identified in the Free State from historical records and ground truthing * 15 known kimberlites, as well as evidence of historic operations * Kimberlites confirmed through whole rock geochemistry * Detailed ground geophys
Slide 21: Vutomi Venture: Palmietgat
VUTOMI VENTURE: PALMIETGAT * The Palmietgat area comprises 6 rh - t hound diamondiferous kimberlite pipes of which ey. 3 fall within the granted prospecting rights area which is contiguous to the Palmietgat Mine, formerly operated by Trivalence * Trivalence production statistics: * Extracted 63,379
Slide 22: Vutomi Venture: Mooikloof
VUTOMI VENTURE : MOOIKLOOF Exploration Potential MOOIKLOOF PROSPECTING RIGHT ii * 2.5 hectare diamondiferous kimberlite pipe discovered by De Beers in 1986 * Itis adjacent to the Oaks diamond mine, ee iver Ranch which was a 1 hectare kimberlite pipe, aa produced 1.4M carats at a grade of 53 cpht me
Slide 23: Exploration in Zimbabwe
EXPLORATION IN ZIMBABWE Memorandum of Understanding signed with Vast Resources plc * To exchange information derived from past exploration on areas prospective for diamonds in Zimbabwe; and * — To form a special purpose vehicle, to be jointly owned by each company, for the purpose of developing and
Slide 24: Corporate
CORPORATE Corporate Presentation - September 2018 BOTSWANA DIAMONDS pic —_ 24
Slide 25: Company Summary
COMPANY SUMMARY CORPORATE INFORMATION SIGNIFICANT SHAREHOLDERS % Holding Exchanges AIM (LSE) /BSE John Teeling 11.8 Ticker BOD Pershing International Nominee 8.0 Shares in Issue 459M James Finn 5.5 Market Cap £4.3M HSBC Global Nominees 48 Share Price 1.05p Rene Nominees 43 (30/08/2018) TD Waterhouse
Slide 26: Company Summary
26 COMPANY SUMMARY John Teeling Executive Chairman Founder of a number of listed resource companies, including African Diamonds. Corporate transactions in recent years have returned US$250M to shareholders. Holds a doctorate in business from Harvard Business School as well as an MBA from Wharton. Ja
Slide 27: Company Summary
27 COMPANY SUMMARY 0.75 0.5 35M 30M 25M 20M 10M 5M OM @WNIOA apes Key to numbers: RNS's issued 1. 29-09-2017: Update on new kimberlite discovery 2. 04-10-2017: Thorny River - additional holes to be drilled 3, 24-10-2017: Free State project: eight kimberlites discovered 26-10-2017: Preliminary result
Slide 28: Company Summary
COMPANY SUMMARY Flags Exchange Property caibitels Adiamond mining company with activities in the BlueRock Kimberley region of South Africa. The Kareevlei project Diamonds Kareevlei South Africa contains five diamondiferous kimberlite pipes andhas = AIM:BRD £1.87M an inferred mineral resource of 359,
Slide 29: Botswana Diamonds plc
29 BOTSWANA DIAMONDS -ic Corporate Presentation - August 2018 Ne —"<—__ BOTSWANA DIAMONDS ptc 162 Clontarf Road Clontarf Dublin 3 Ph: +353 1833 2833 Web: www.botswanadiamonds.co.uk Email: info@botswanadiamonds.co.uk Social Media: https://twitter.com/BotswanaDiamond https://www.facebook.com/BotswanaD