Date post: | 28-Nov-2014 |
Category: |
Business |
Upload: | christopher-r-anderson |
View: | 1,907 times |
Download: | 9 times |
The Future of Diamond Exploration
.
What Does Indicator Offer the Investor?
Technical depthSophisticated approach to businessTechnical depthSophisticated approach to businessSophisticated approach to business Well managed treasury
High-quality projectsSt j i t t t hi
Sophisticated approach to business Well managed treasury
High-quality projectsSt j i t t t hiStrong joint venture partnerships
Active explorerFour drill programs planned
Strong joint venture partnerships
Active explorerFour drill programs plannedFour drill programs planned
Innovative strategic alliance with Munic Gems, Antwerp’s largest
Four drill programs planned
Innovative strategic alliance with Munic Gems, Antwerp’s largest diamond exporterdiamond exporter
IME:TSX-V
Extensive Management Experience
Bruce Counts President & CEO
David Kelsch VP Exploration
Bruce Counts President & CEO
David Kelsch VP ExplorationDavid Kelsch VP Exploration
Louis Blom CFO
Grant Lockhart Senior Technical Consultant
Magnus Haglund N B i D l t
David Kelsch VP Exploration
Louis Blom CFO
Grant Lockhart Senior Technical Consultant
Magnus Haglund N B i D l tMagnus Haglund New Business DevelopmentMagnus Haglund New Business Development
Over 75 years of diamond exploration experience
Involved in discovery, development and marketing of Canada’s first 2 diamond mines: Ekati and Diavik
Over 75 years of diamond exploration experience
Involved in discovery, development and marketing of Canada’s first 2 diamond mines: Ekati and Diavik
Directly involved in the discovery of more than 250 kimberlites on 4 continentsDirectly involved in the discovery of more than 250 kimberlites on 4 continents
IME:TSX-V
Diamond Market Outlook is Bright
Increasing demand - Declining supply
New markets emergingg gChina and India - demand rising at 15% per annum
No new large diamond mines on the horizon
Existing production decliningExisting production decliningMajor mines: Ekati, Venetia and Udachnaya production tails off beyond 2011
IME:TSX-V
Source: WWW International Diamond Consultants, BMO Capital Markets
Diamond Market Outlook is Bright
While the current challenging economic conditions have had a negative impacton diamond demand and diamond prices the medium to long-term outlook fordiamonds remains robust
RBC Capital Markets Diamond Day - London, May 2008
A rough diamond supply shortfall of US$3 Billion isA rough diamond supply shortfall of US$3 Billion is estimated by 2011.
Continued positive outlook for rough diamond prices
Majors such as De Beers and Rio Tinto continuing toMajors, such as De Beers and Rio Tinto, continuing to devote large budgets exploring for new sources of production
Canadian exploration and development projects remain an important potential source of rough diamonds
IME:TSX-V
Sources: WWW International Diamond Consultants, BMO Capital Markets, De Beers, RBC Capital Markets
The Discovery Process
Area Selection Sampling Geophysics Drilling Evaluationp g p y g
• Archons /Cratons
• Till• Streams• Beaches
• Mag/EM• Gravity
• Core• RC
• Micro-diamond Analysis
Staking
Permitting
Isolation of KIM Source Area
Target Identification
Kimberlite Discovery
• Prospecting
> 1 stone per kilo
IME:TSX-V
Key Projects
NORTHEAST ARCTICMAIN PROJECTS
SEPTEMBER 2008
NORTHEAST ARCTICMAIN PROJECTS
SEPTEMBER 2008
NORTHEAST ARCTIC
KEY PROJECTS
IME:TSX-V
Nanuq North – Project Highlights
High Potential for Diamond Discovery
Adjacent to new diamond bearing kimberlite areaAdjacent to new diamond bearing kimberlite area
Distinct indicator mineral trains terminate at property
Numerous high confidence geophysical targets
Accessible Location
Cl t tid tClose to tide-water
Share infrastructure and support with adjacent Nanuq Project
JV with Peregrine Diamonds Ltd.
IME:TSX-V
Area Selection Sampling Geophysics Drilling
Nanuq North – Drill hole NQN-001
August 2008: First kimberlite discovered
Geophysical target up-ice of KIM train
200 m
Large 4.5 hectare pipe
150 kg sample sent for analysisg p y
Results due in January 2009
IME:TSX-V
Nanuq North – KIM Dispersion
KIM dispersion at Nanuq North
cannot be explained by NQN-001
Undiscovered kimberlites likely
occur inside property boundaries
IME:TSX-V
Nanuq North – Untested Targets
More than 10 untested high
priority targets
Target NQN-024 is more than
12 ha at surface and is
located up-ice of highly
anomalous till samples
IME:TSX-V
Darby – Project Highlights
Under Option to Teck Cominco LimitedSpend $14 million by June 2010 to earn 51%p $ yMust carry Indicator’s remaining 29% to production
9 Kimberlites Discovered5 diamond bearing5 diamond bearingLarge pipes up to 11 hectares at surface
Continued Discovery in 2008Kimberlite boulders discovered in two new areas
Numerous kimberlite targets
IME:TSX-V
Area Selection Sampling Geophysics Drilling Evaluation
Darby – 2008 Program
$2.1 million budget
16,000 line-km of airborne geophysics entire property now covered
Kimberlite boulders discoveredKimberlite boulders discovered now indicates three clusters
Mid-season budget increasedgto $2.5 million by Teck Cominco
Diamond results due early 2009
IME:TSX-V
Darby – 2008 Program
DDN
Known KimberliteCluster at Darby
New Potential Clusters
IME:TSX-V
Borden – Project Highlights
Kimberlite float discovery
Abundant KIMs isolated to aAbundant KIMs isolated to a discrete area of the project
58,000 acres of mineral claims stakedstaked
Airborne geophysical survey completed
Drilling planned for 2009
Area Selection Sampling Geophysics Drilling
IME:TSX-V
Area Selection Sampling Geophysics Drilling
Borden – 2008 Kimberlite Float Discovery
Late field season kimberlite float discovery
Float located immediately down-ice ofFloat located immediately down ice of priority geophysical anomaly identified in preliminary data
Kimberlite contains visible altered olivineKimberlite contains visible altered olivine and rimmed garnet
Recovered amounts too small for meaningful microdiamond testsg
Final geophysical interpretation to confirm number of drill targets
IME:TSX-V
Grail – Project Highlights
80% Indicator/20% Hunter Exploration
800,000 acres on Boothia Peninsula
High diamond potential chemistry20% of garnets are G10s~20% of garnets are G10s
Limestone cover → Extremely quiet magnetics
Recently completed airborne survey revealed superb targets in chemistry source area
Drill ready for 2009Drill ready for 2009
IME:TSX-V
Area Selection Sampling Geophysics Drilling
Corporate Structure
Indicator represents an outstanding opportunity for investment
Shares Issued and Outstanding 63.9 millionShares Issued and Outstanding 63.9 million
Fully Diluted 76.1 millionFully Diluted 76.1 million
52 Week High / Low $0.37 / $0.01
Market Cap ($0 05 per share) $3 2 million
52 Week High / Low $0.37 / $0.01
Market Cap ($0 05 per share) $3 2 millionMarket Cap. ($0.05 per share) $3.2 millionMarket Cap. ($0.05 per share) $3.2 million
IME:TSX-V