TSXV:NAR TSXV: NAR
Mel Diamond Project Nunavut
Project Update February 8 2017
Mel Diamond Project Nunavut Project Update February 8 2017 - - PowerPoint PPT Presentation
TSXV: NAR TSXV:NAR Mel Diamond Project Nunavut Project Update February 8 2017 CAUTIONARY STATEMENT This presentation contains projections and forward looking information that involve various risks and uncertainties, including, without
Project Update February 8 2017
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 and plans and
not restricted to, the amount of geological data available, the uncertain reliability of drilling results and geophysical and geological data and the interpretation thereof and the need for adequate financing for future exploration and development efforts. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward looking statements should circumstances or management's estimates or
2
Forward Looking Information Qualified Person under NI 43-101
Disclosure of a scientific or technical nature related to North Arrow’s projects in this presentation has been reviewed and approved by Ken Armstrong, P.Geo. President and CEO of North Arrow and a Qualified Person under NI 43-101.
Mel Project
Peninsula; 140 km south of Hall Beach; 210 km northeast Naujaat.
defined from over 750 NAR & historic till samples.
prospecting programs have systematically advanced the project.
3
10 km Northern Train Southern Train
kimberlite indicator minerals (KIMs) from +500 till samples in assessment records; “Northern Train” and “Southern Train”.
eclogite garnets as well as ilmenites.
conducted annually out of Naujaat.
direction understood; 3 or more possible source target areas have been defined.
4
indicator mineral grain (“KIM”) counts were ~10 grains.
and 2014 focused
cut-off area.
2013 & 2014 till sampling focus area
5
potential source area.
to emerge.
located in the southwest limit of sampling representing new source area.
till sampling program for 2015.
2013-14 Till Results 6
potential source area.
to emerge.
located in the southwest limit of sampling representing new source area.
till sampling program for 2015.
2013-14 Till Results 7
potential source area.
to emerge.
located in the southwest limit of sampling representing new source area.
till sampling program for 2015.
2013-14 Till Results
2015 Till Sampling Focus Area
8
intensive program yet.
taken.
grain counts in train 1 with barren samples up ice suggest it could be cut-off.
highest KIM counts yet and appears to be cut-off; close to source.
defined with possible cut-off.
2015 Till Results 9
intensive program yet.
taken.
grain counts in train 1 with barren samples up ice suggest it could be cut-off.
highest KIM counts yet and appears to be cut-off; close to source.
defined with possible cut-off.
2015 Till Results 10
intensive program yet.
taken.
grain counts in train 1 with barren samples up ice suggest it could be cut-off.
highest KIM counts yet and appears to be cut-off; close to source.
defined with possible cut-off.
2015 Till Results
2016 Till Sampling Focus Area
11
2016 Till Results
to firmly establish up-ice cut-offs for Trains 1, 2 & 3.
barren of KIMs – confirming KIM Trains are now well cut-off.
>1,200 KIMs – an
more KIMs; close!
shows potential for two more source areas.
12
Sample yielded
2016 Till Results
to firmly establish up-ice cut-offs for Trains 1, 2 & 3.
barren of KIMs – confirming KIM Trains are now well cut-off.
>1,200 KIMs – an
more KIMs; close!
shows potential for two more source areas.
13
2 4 6 8 10 12 14 16 1 2 3 4 5 6 7 8 9 10 Cr2O3 wt.% CaO wt.%
PYROPE GARNETS
Mel 2015 Tills
G10 G9
0.0 0.5 1.0 1.5 2.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 TiO2 wt% Na2O wt%
ECLOGITIC GARNETS
Mel 2015 Tills
0.09 Wt% Na2O
1 2 3 4 5 6 7 8 9 10 11 12 3 5 7 9 11 13 15 Cr2O3 (wt%) MgO (wt%)
ILMENITES
Mel 2015 Tills
40 42 44 46 48 50 52 54 56 58 60 2 4 6 8 10 12 14 16 18 TiO2 wt.% MgO wt%
ILMENITES
Mel 2015 Tills
Kimberliti c Non- Kimberlitic
Pyrope Garnet Eclogitic Garnet Ilmenite Ilmenite 14
15
16
Pikoo Saskatchewan Diamonds 100%*
*Upon closing acquisition of SWY’s 15%;
10 Kimberlites discovered to date; 2017 – till sampling & drilling Qilalugaq Nunavut Diamonds 100%*
*Upon closing acquisition of SWY’s 18%;
Large Q1-4 kimberlite with fancy
2017 – delineation drilling; 2017-2018 – bulk sample leading to PEA Lac de Gras NWT Diamonds ~39%** JV w DDC
**Interest recalculation pending;
2017 Ground Geophysics & Drilling Mel Nunavut Diamonds 100% 2017 – Detailed prospecting & ground geophysics Luxx Nunavut Diamonds 100% Drill ready targets Loki NWT Diamonds 100% Lac de Gras area; Incl. EG05 kimberlite; 2017 – data compilation, ground geophysics & drilling Timiskaming Ontario Diamonds 80% Database evaluation Hope Bay Nunavut Gold 100% Northern Hope Bay greenstone belt; 3km north of TMAC’s Doris Gold Mine; Several Au showings / JV potential
President & CEO
Community and Investor Relations Manager Suite 960-789 West Pender Street Vancouver, BC Canada V6C 1H2 Tel: +1.604.668.8354 Fax: +1.604.336.4813 info@northarrowminerals.com www.northarrowminerals.com @narminerals northarrowminerals