North Arrow Minerals Presentation to YKDFN
Presentation Overview • Introduction to North Arrow Minerals Introduction to North Arrow Minerals • Lac de Gras Project Location and Description • Explanation of Exploration Process Explanation of Exploration Process • Specific Project Plans • Discussion • Discussion
What is North Arrow • North Arrow is a public junior exploration North Arrow is a public junior exploration company listed on the TSX Venture Exchange (Symbol -NAR) • Junior exploration companies have no revenue and all money for operations and exploration is raised by issuing shares in the company for money
Who is North Arrow Who is North Arrow Officers and Directors Gren Thomas President & CEO Ex- Aber , Highw ood Gordon Clarke Vice-President Ex- Diavik, Aurora and CBA , Blair Murdoch Director Vancouver Businessman Ken Armstrong g Director President Strongbow Exploration g p Louis Covello Director Ex- Aurora and CBA
Where North Arrow Works • North Arrow has a project portfolio that includes North Arrow has a project portfolio that includes properties in the Northwest Territories, Nunavut and North Carolina, USA.
Northw est Territories and Nunavut Hope Bay Anialik Torp Lake Hammer Canoe Lake/ Bamako Nunavut Phoenix Northwest LDG Territories Territories Hay Duck Yellowknife Diamond Project Gold/Base Metal Project Gold/Base Metal Project Lithium Project
North Carolina Beaverdam Project WV KY Beaverdam Lithium VA Project North Carolina C TN Raleigh NC Kings Mountain Charlotte SC GA Atlantic Ocean
Lac de Gras Regional Location
Detailed Lac de Gras Project Location
Lac de Gras Project (Diamonds) • Property is located within the Lac de Gras Kimberlite field which includes the world class Ekati and Diavik diamond mines the world class Ekati and Diavik diamond mines • Diavik and Ekati have provided huge benefits to the Northwest Territories and to both its non aboriginal and aboriginal inhabitants and to both its non aboriginal and aboriginal inhabitants. For aboriginals For aboriginals there have been impact and benefit agreements, significant aboriginal training and employment and the formation of numerous aboriginal owned companies that rely on the business opportunities provided by the mines • Both Diavik and Ekati are nearing the end of their mine lives and without exploration there will be no possibility of discovery of new resources to extend their mine lives. This will result in significant job loss and a lack of t d th i i li Thi ill lt i i ifi t j b l d l k f demand for the services currently being supplied by aboriginal businesses
Kimberlite Pipe
Exploration for Kimberlites p • Airborne geophysical survey over prospective area • Till Sampling for indicator minerals • Ground Geophysics • Diamond Drilling
Typical Program Duration Geophysical Program • 2 to 3 weeks, 4 person crew Drilling Program • 3 to 4 weeks 7 person crew (4 drillers, 1 geo, 1 camp man 1 cook) man, 1 cook) Note: It is favourable to complete all geophysics before drilling but sometimes it is necessary to start drilling before all surveys are completed This would create an necessary to start drilling before all surveys are completed. This would create an overlap and one program of approximately 5 weeks.
Airborne Geophysics
Typical Exploration Camp
Ground Check Viable Target Airborne Anomaly Location Example Lac de Gras Property Airborne Anomaly Location Example Lac de Gras Property
Ground Check Non Viable Target Airborne Anomaly Location Example Lac de Gras Property Airborne Anomaly Location Example Lac de Gras Property
Till Sampling
Ground Geophysics Magnetic Survey
Ground Geophysics Electromagnetic Survey
Geophysical Data Plot
Diamond Drill
Drill Core
Drill Site After Completion
Future Plans (Tentative) 2010 Fall • Ground geophysical survey of 15 to 20 land based Ground geophysical survey of 15 to 20 land based targets • Diamond drilling of targets with best kimberlite type response (7 to 10 targets) ( 10 ) 2011 Spring 2011 Spring • Winter geophysical surveys of 15 to 20 water covered targets targets • Diamond drilling of targets with best kimberlite type response (7 to 10 targets)
Discussion
Recommend
More recommend