North Arrow Minerals Inc. · TSXV:NAR
North Arrow Minerals — Investor Presentation (November 2022)
25 slides from North Arrow Minerals's investor presentation, November 2022
Slide 1: Canada's Future in Diamonds
TSXV: NAR CANADA’S FUTURE I N D I A M O N D S November 2022
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 Very few companies are looking for new diamond deposits and Canada remains underexplored. North Arrow is a Canadian exploration company focused on the identification and evaluation of diamond opportunities in Canada. North Arrow’s multifaceted project portfolio includes a pipeline of diam
Slide 4: Why Invest in North Arrow
WHY INVEST IN NORTH ARROW Canadian diamond sector’s most active & successful explorer over the last 9 years Advanced Stage Project with Value Upside: One of Canada’s largest under-evaluated diamond inventories at Naujaat (Nunavut) Pipeline of Drill-Ready Diamond Properties: 6 drill-ready (and fu
Slide 5: Consider Diamonds
CONSIDER DIAMONDS Rough Diamond Production Annual Global Rough Production 2027 Global rough diamond production in decline since 2017; Selected diamonds from the A88 unit of the Q 1-4 Millions of carats predicted to flatline to 2027* Very few new projects being developed worldwide. Exploration
Slide 6: Project Pipeline
PROJECT PIPELINE Assessing a known diamond Advanced Stage Grassroots Target development deposit 1. Naujaat (60%) 7. CSI (100%) Significant diamond inventory; potential value Within 3km Doris Mine; similar upside: fancy orange-yellow diamonds 8 Brownfields Gold geology and structures 7 1 5 3 8. Hope
Slide 7: Project Pipeline
PROJECT PIPELINE Assessing a known diamond Advanced Stage deposit 1. Naujaat (60%) Significant diamond inventory; potential value upside: fancy orange-yellow diamonds Partner, Burgundy Diamond Mines. 1 EKATI DIAVIK GAHCHO KUE RENARD VICTOR 7
Slide 8: Naujaat Diamond Project, NU
NAUJAAT DIAMOND PROJECT, NU Q1-4 Kimberlite Advanced Stage Naujaat (60%) Assessing a known diamond deposit • Location: 9 km northeast of coastal arctic hamlet of Naujaat, Melville Peninsula, Nunavut • Large Canadian diamond resource with significant blue sky potential • New partnership with Burgundy
Slide 9: Naujaat - Further Derisking This Bulk Sample
NAUJAAT - FURTHER DERISKING These important diamond project risk hurdles have already been cleared at Naujaat NOT about kimberlite discovery THIS BULK NOT about size of deposit SAMPLE is… NOT about mineral chemistry (collected in July & Aug of 2021) NOT about microdiamonds NOT about whether there ar
Slide 10: Diamond Recovery Results – 2021 Sample
DIAMOND RECOVERY RESULTS – 2021 SAMPLE Kimberlite Weight of Carats # of > 9DTC +9DTC % fancy colour % fancy w/ unit sample (dry recovered diamonds sample diamonds by orange as tonnes) grade (cpht) number (carat primary weight) colour A28 1,316 117.9 268 9.0 17% (20%) 91% A88 498 55.8 99 11.2 10% (12
Slide 11: Diamond Assessment by Burgundy & Others
DIAMOND ASSESSMENT BY BURGUNDY & OTHERS • In October 2022, diamond parcels were assessed by third parties in Antwerp, Belgium. • In early November, parcel arrived in Perth to be viewed and assessed by JV Partner, Burgundy. • Cutting and polishing tests being considered. • Decision of whether to fund
Slide 12: Naujaat Project – Ticks All the Boxes
NAUJAAT PROJECT – TICKS ALL THE BOXES Jurisdiction Clear permitting path in Nunavut Near tide water Freight costs 50% of NWT diamond mines Large tonnage ~48 Mt down to 205m below surface Low strip ratio <3:1 vs >10:1 for NWT diamond mines Significant diamond inventory* ~26M contained carat
Slide 13: Pikoo Diamond Project, SK
PIKOO DIAMOND PROJECT, SK Discovery Stage Excellent diamond potential Pikoo (100%) Next stage of diamond exploration could lead to discovery 13
Slide 14: Pikoo Diamond Project, SK
PIKOO DIAMOND PROJECT, SK Discovery Stage Excellent diamond potential PK346 PK314 PK347 &“North Pikoo Pikoo (100%) Next stage of diamond exploration could lead to discovery ? ? Dykes” PK312 • Kimberlite field discovered by North Arrow. PK150 (plus PK151 ? • Local infrastructure within 10 km of SK Hw
Slide 15: Hope Bay Oro Gold Project, NU
HOPE BAY ORO GOLD PROJECT, NU Brownfields Gold Same rocks Hope Bay Oro (100%) Same structural setting Same mineralization style • ~3km north of Agnico Eagle’s Doris Gold Mine. • Host stratigraphy to the Doris deposit extends north onto ORO property. • Multiple showings including Ida Point – 5.
Slide 16: Milestones & Catalysts
MILESTONES & CATALYSTS Advanced Stage Brownfields Gold Discovery Stage Grassroots Project Milestones / Catalysts Details Announcement Timeline Corporate – Financing and Technical arrangement with potential Q4 2022 all projects Technical Arrangement to bring value to all projects Q1-4 diamond Rough f
Slide 17: Leadership Team & Board
LEADERSHIP TEAM & BOARD D. Grenville Thomas (Chairman) Founder of Aber Resources, discoverer of the Diavik Diamond Mine; WEALTH OF Canadian Mining Hall of Fame inductee. EXPERIENCE Ken Armstrong P.Geo. (President, CEO, Director and Qualified Person under NI 43-101) Diamond exploration & evaluation e
Slide 18: In the Market
IN THE MARKET As of July 31, 2022 unless TSXV: NAR otherwise labelled Share Price $0.045 (Oct 25, 2022) Investing in an… Market Cap $5.4 M Advanced Stage Diamond Project with Value Upside; Issued 120.9 M Options 9.2 M Warrants 23.5 M A Pipeline of Drill-Ready Diamond Properties; ((1 M @ $0.12, 1
Slide 19: New Financing
NEW FINANCING As of July 31, 2022 unless TSXV: NAR otherwise labelled Share Price $0.045 (Oct 25, 2022) November 18th, 2022: Announced a non-brokered $1.5 million private placement Market Cap $5.4 M Mix of Flow-Through common shares and Issued 120.9 M Non-Flow-Through Units: Options 9.2 M $0.06
Slide 20: 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
Slide 21: TSXV: NAR
TSXV: NAR Ken Armstrong President & CEO Nick Thomas Community and Investor Relations Manager Suite 960-789 West Pender Street Vancouver, BC Canada V6C 1H2 Tel: +1.604.668.8354 info@northarrowminerals.com @narminerals northarrowminerals www.northarrowminerals.com 21
Slide 22: Rough Diamond Prices
ROUGH DIAMOND PRICES Paul Zimnisky, CFA is a leading global diamond industry analyst based in the New York City metro area specializing in global diamond supply/demand fundamentals and the companies operating within the industry. 22
Slide 23: Polished Market Positivity: US Jewelry Sales
POLISHED MARKET POSITIVITY: US JEWELRY SALES US Jewelry Sales Rebound and Soar in 2021 50 Years of US Jewelry Sales The US accounts As of September 2022 for ~50% of polished diamond sales worldwide. US Diamond Jewelry Retail Market US 2021 diamond jewelry sales hit a record $52 billion, up 48% YoY G
Slide 24: Polished Market Positivity: China
POLISHED MARKET POSITIVITY: CHINA • Despite continued intermittent Covid- related lockdowns in China, Chow Tai Fook saw sales increase 26% in the fiscal quarter ended September; • Performance continues to be driven by its aggressive store expansion strategy and ‘smart retail’. • CloudSales 365, a mi
Slide 25: Polished Market Positivity
POLISHED MARKET POSITIVITY Oct 2022: LVMH, parent of jewelers, Tiffany & Co. and Bvlgari, saw company-wide sales increase Polished Diamonds The biggest luxury brand acquisition to date 19% year-over-year in calendar-Q3 –a notably impressive performance given the uncertain global economic backdrop –
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