Arctic Star Exploration Corp. · TSXV:ADD
Arctic Star Exploration — Investor Presentation (December 2022)
36 slides from Arctic Star Exploration's investor presentation, December 2022
Slide 1: Corporate Presentation December 2022
TSX-V: ADD | FRA: A182.F CORPORATE PRESENTATION DECEMBER 2022
Slide 2: Cautionary Statement on Forward Looking Information
CAUTIONARY STATEMENT ON FORWARD LOOKING INFORMATION These presentation materials (“the Presentation Materials”) are being supplied to you for information purposes only on Arctic Star. (the “Company”). These Presentation Materials have been prepared by and are the sole responsibility of the Company.
Slide 3: Arctic Star Exploration Corp.
ARCTIC STAR EXPLORATION CORP. ARCTIC STAR EXPLORATION CORP. Established in 2001 and has been pre-dominantly focused on diamond exploration since. The Company Currently has Three Projects: The Flagship Property: DIAGRAS project in the Lac de Gras district, (Canada’s premier diamond production area) o
Slide 4: Diamonds Are at All Time Highs
DIAMONDS ARE AT ALL TIME HIGHS 4
Slide 5: 2017: Peak Diamonds
2017: PEAK DIAMONDS WORLD ROUGH DIAMOND MARKET: ~$US14B THE ONLY PRODUCERS CLUB MARKETING IS ORGANIZED AND JUNOIRS CAN ENTER 5
Slide 6: Recent History
RECENT HISTORY Like many commodities, diamond sales suffered due to the global Covid lock-downs. During this time there were a number of bankruptcies, Dominion, Stornoway, and Firestone. This time has passed and diamond producer stocks are rebounding. THE WORLD NEEDS DIAMONDS, WE CAN HELP! 6
Slide 7: Diagras Project – NWT Canada
DIAGRAS PROJECT – NWT CANADA NEW DIAMOND KIMBERLITES FOUND PROXIMAL TO OPERATING MINES 7
Slide 8: Diagras Diamond Project - NT Canada
DIAGRAS DIAMOND PROJECT - NT CANADA 8
Slide 9: Diagras Project – NWT Canada
DIAGRAS PROJECT – NWT CANADA Joint Venture 81.5% Arctic Star Exploration Corp. & 18.5% Margaret Lake Diamonds Inc. consists of 58 contiguous claims encompassing an area of 48,346 hectares. Arctic Star & Margaret Lake are using new technical and analytical techniques to find additional potential diam
Slide 10: Exploration Premise: Kimberlites Can Form Complexes!
EXPLORATION PREMISE: KIMBERLITES CAN FORM COMPLEXES! The Kimberlite exploration model, that kimberlites are volcanic eruptions that form a simple carrot shaped eruption conduit. However, experience has shown that they can form complexes, with multiple eruption events around a single center, with eac
Slide 11: Diagras - Kimberlites (29 Red & Green)
DIAGRAS - KIMBERLITES (29 RED & GREEN) 11
Slide 12: Sequoia – Location
SEQUOIA – LOCATION EKATI The map shows Sequoia in relation to the Ekati and Diavik diamond processing plants. Given the proximity to these facilities it would make sense to negotiate the processing of the Sequoia Kimberlite at one of these facilities, if Sequoia proves to be of economic interest. Ek
Slide 13: Sequoia – Geophysics
SEQUOIA – GEOPHYSICS Arctic Star recently completed a 75m spaced Resolve Helicopter based geophysical survey. The Sequoia images are results from this survey. Sequoia has New Target associated Magnetic and EM anomalies, but they don’t exactly overlap. New Target A conductive kimberlite rock type is
Slide 14: Sequoia vs. Historic Results
SEQUOIA VS. HISTORIC RESULTS In comparison of the results from the Jack Pine kimberlite (Historic De Beers results) and Sequoia show distinctly different diamond populations with Sequoia having twice as many stones >0.104mm and demonstrating larger stones. 0.106 0.15 0.212 0.3 0.425 0.6 0.85 1.18 To
Slide 15: Sequoia's – Diamond Distribution Curve
SEQUOIA’S – DIAMOND DISTRIBUTION CURVE The Sequoia kimberlite complex has one of the largest surface geophysical expressions of all the kimberlites in the Lac de Gras district. The Green line curve is the raw plot of the Sequoia caustic fusion results. The Dark Blue line is the Jack Pine results. Th
Slide 16: Sequoia – Geophysics Continued
SEQUOIA – GEOPHYSICS CONTINUED Images of ground geophysical surveys Gravity, Gravity EM, Magnetics, mirror the data from the airborne survey. It is thought the gravity low anomaly, Blue area In the top Image maps the complex. The separate EM 50m slice EM anomalies and mag anomalies are thought to Oh
Slide 17: Sequoia – Drilling
SEQUOIA – DRILLING Sequoia’s Gravity anomaly, discovery drill holes are in 2021 Red, Delineation holes drilled in 2022 in Green. Proposed drill holes 2023 are in orange. three drill holes at each location, one vertical and one angled at each site, east then west. Blue diamonds are drill holes into t
Slide 18: Sequoia – Delineation Drilling
SEQUOIA – DELINIATION DRILLING Drill hole From To interval Geology DG2022-01 28.5 156.0 127.5 kimberlite 127.5 171.0 54.5 granite 171.0 180.0 9.0 kimberlite The kimberlite intercepts from the 2002 delineation drilling DG2022-02 27.0 102.0 granite DG2022-03 27.0 54.0 27 kimberlite 1.65 tonnes In for
Slide 19: Sequoia – Diamonds >0.3mm
SEQUOIA - DIAMONDS >0.3mm t & t i u Ha i 4 4 mu mn ope oo mn =e a omen ma anos omzase wana sovaneess a povmacen pees 4% ARCTIC STAR 19 . 4 EXPLORATION
Slide 20: Sequoia – Diamonds >0.3mm
SEQUOIA - DIAMONDS >0.3mm 4% ARCTIC STAR 20 . 4 EXPLORATION
Slide 21: Sequoia – Diamonds >0.3mm
SEQUOIA - DIAMONDS >0.3mm 4% ARCTIC STAR 21 . 4 EXPLORATION
Slide 22: Sequoia – Updated Size Frequency Curve
SEQUOIA – UPDATED SIZE FREQUENCY CURVE Diamond Size Frequency Curve 10000.0000 1000.0000 100.0000 'Stone Frequency 10.0000 (sptpui) 1.0000 0.1000 0.0100 0.0010 0.0001 0.0000 0.0001 0.0010 0.0100 0.1000 1.0000 Mean Stone Size (carats) 22
Slide 23: Arbutus – Drilling
ARBUTUS – DRILLING The new Arbutus kimberlite Discovered 2022 Ground Magnetic date It occurs next to the Finlay Kimberlite, discovered in The 1990’s. 23
Slide 24: Arbutus – Diamonds >0.3mm
ARBUTUS – DIAMONDS >0.3mm To determine if a kimberlite is economic you need to know: Tonnage…. .by drilling Grade………by drilling and bulk sample. The average value of the stones : >1000 carats by bulk sample, the more the better 24
Slide 25: Mineable Kimberlites in Lac de Gras
MINEABLE KIMBERLITES IN LAC DE GRAS Kimberlite Grade $/ct $/T List of kimberlites from the Lac de Gras field being mined or in a Fox 0.27ct/t $312 $84 mine plan, with grade, value of Misery 4.5ct/t $112 $504 the diamonds, and the worth of the kimberlite based on a Sable 0.9ct/t $140 $126 $/tonne bas
Slide 26: Is Sequoia Mineable?
IS SEQUOIA MINEABLE? Is Sequoia mineable? The short answer is it could be. The current microdiamond results are suggesting a grade between 0.3ct/t and 0.6ct/t. Lets use 0.5ct/t for our example in Red. Sequoia The graph to the left shows the value per tonne versus the cash cost to mine for various mi
Slide 27: Sequoia – Diamonds
SEQUOIA – DIAMONDS There are Three Lines of Evidence at Sequoia that are Encouraging for the Presence of Larger Gems 1. Sequoia’s size frequency curve has a shallow gradient suggesting a coarse diamond population. The extra caustic fusion results from the planned Spring 2022 drill program will give
Slide 28: Timantti Project – Kuusamo Finland
TIMANTTI PROJECT – KUUSAMO FINLAND 28
Slide 29: Timantti Finland – A New Kimberlite Field
TIMANTTI FINLAND – A NEW KIMBERLITE FIELD Arctic Star has located a new diamondiferous kimberlite field in Finland. 100% Interest in two Exploration permits totaling 943 ha near the town of Kuusamo. No Royalties. Work was put on hold due to the restrictions put in place by the Covid19 pandemic. Our
Slide 30: Timantti – Kimberlites Discovered to Date
TIMANTTI – 6 KIMBERLITES DISCOVERED TO DATE Plug & Karhu Vasa Dyke All the kimberlites discovered have significant diamonds White, Black, and Grey Wolf 30
Slide 31: Timantti – Diamond Results
TIMANTTI – DIAMOND RESULTS Sample Total Kimberlite +0.106mm +0.15mm +0.212mm +0.3mm +0.425mm +0.60mm +0.85mm +1.18mm Weight Kg Stones White 409.93 516 253 136 81 27 16 7 5 1,032 Wolf Karhu 149.75 60 41 27 5 7 3 2 1 147 Black 349.75 267 138 87 45 16 3 3 0 559 Wolf Grey Wolf 201.64 57 32 33 16 2 3 0 1
Slide 32: Stein Project – Nunavut Canada
STEIN PROJECT – NUNAVUT CANADA 32
Slide 33: Stein Project - Location & Option with GGL
STEIN PROJECT - LOCATION & OPTION WITH GGL GGL Resources Corp. has the option to earn into Arctic Star’s Stein Project up to 60% by conducting ground geophysics on high priority drill targets and discovering kimberlite by drilling, trenching or in outcrop $1.5 mil of exploration expenditures by prev
Slide 34: Board of Directors & Management
BOARD OF DIRECTORS & MANAGEMENT Patrick Power Buddy Doyle Scott Eldridge PRESIDENT & CEO, VP EXPLORATION, DIRECTOR DIRECTOR DIRECTOR Thomas Yingling Sean Charland Binny Jassal DIRECTOR DIRECTOR CFO 34
Slide 35: Arctic Star Share Structure
ARCTIC STAR SHARE STRUCTURE Shares 203,067,036 Warrants 114,693,563 Options 11,423,000 Fully Diluted 329,183,599 35
Slide 36: Contact
1100 - 1111 Melville St. Vancouver, BC V6E 3V6 www.arcticstar.ca Patrick Power, President & CEO 604-689-1799 Info@arcticstar.ca 36
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