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TSX-V: NAR Community Meeting on the Pikoo Diamond Project Deschambault Lake June 17, 2014

Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

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North Arrow presented this information at community meetings in Pelican Narrows and Deschambault Lake on June 16 and 17, 2014 respectively and presented to the PBCN Chief and Council on June 18, 2014.

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Page 1: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

TSX-V: NAR

Community Meeting

on the Pikoo

Diamond Project

Deschambault Lake June 17, 2014

Page 2: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

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 objectives

of North Arrow Minerals Inc. These risks and uncertainties include, but are 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 opinions change.

Cautionary Statement

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Page 3: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Presentation Summary

1. About North Arrow Minerals

2. History of the Pikoo Project

3. The Current Till Sampling Program

4. The Proposed Drill Program

5. Employment and Learning Opportunities

6. The Way Forward - What’s Next for Pikoo

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Page 4: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

North Arrow Minerals

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a Vancouver, BC based public company.

We trade on TSX Venture Exchange: NAR

We have no operating mines; exploration only.

Our people have been a part of past diamond discoveries in Canada; including the Diavik diamond mine in the NWT.

Who Are We?

Ken Armstrong - President & CEO

Nick Thomas – Manager of Investor

and Community Relations

Here Today

Page 5: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Principal Diamond Projects Victoria

Island

Lac de Gras (NT)

Doris

Pikoo (SK) • Partnership

with Stornoway

Qilalugaq (NU) • Partnership

with Stornoway

Timiskaming (ON/QC) • Partnership

with Stornoway

Redemption (NT)

Mel (NU)

Luxx (NU)

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Page 6: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Project – Overview

North Arrow (80%)/Stornoway (20%) Participating Joint Venture.

Located ~30 km west of Pelican Narrows; ~10 km north of Deschambault Lake.

Good local infrastructure; within 10 km of SK Hwy 911.

Kimberlite discovered in nine of ten drill holes completed in 2013 (including PK 150).

Till sampling program currently underway; until late June.

Follow up drilling proposed for fall 2014 and/or winter 2015; LUP and results dependent.

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Page 7: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

2007-2013 Stornoway Diamond generates project, narrows down area of interest and stakes claims.

March 2013 Busy with Renard Project , Stornoway options three projects to North Arrow including Pikoo.

August 2013 NAR intersects kimberlite in 9 out of 10 holes as part of agreed upon work program.

November 2013 Excellent early stage diamond results from PK 150 kimberlite 209 kg sample.

January 2014 Pikoo officially becomes participating joint venture between North Arrow (80%) and Stornoway (20%).

June 2014 NAR and SWY commence till sampling program.

Pikoo Project History

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Page 8: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Project – 2013 Drilling Program

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Exploration camp, located on Lueder Lake was built from June 1-16th to conduct the drilling program from.

Focused on the source areas of two kimberlite indicator mineral (“KIM”) trains: the North and the South.

These areas of interest were developed by earlier sampling of the sediments left behind by glaciers (till).

Ten drill holes and a total of just over 2000m of drilling

10 km

Ice Direction

Bigger circles = more KIM grains

pyrope garnets

eclogitic garnets

ilmenite

chromite

South Pikoo KIM Train

North Pikoo KIM Train

Page 9: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Project – North Drill Holes

Five drill holes in the North tested targets located along a linear feature and intersected kimberlite sheets from 3 -59 cm wide.

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Page 10: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Project – South Drill Holes

Five drill holes in the south tested targets. Three holes (13PK06, 08, 09) had significant intersections of kimberlite; enough was recovered to sample it and test for diamond content – 209 kg of PK 150

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Page 11: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

13PK09 13PK06

13PK08

13PK10

PK150 PK151

Pikoo Project

PK150 and PK151 Drilling

Projection: UTM NAD83 Zone 13

120 m

Date: Oct 2013

Scale: 1:3,000

Drawing: PI040

Author: JP

30 600

PK150 Drilling Pattern

120 m

? ?

?

?

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PK 150 kimberlite

What we know…

10 to 15 m wide

near vertical

body.

Intersected

over a 75 m

strike length

currently open

to depth and

along strike.

Page 12: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Box of core from the PK 150 kimberlite drill intersections.

Pikoo Project – PK150 kimberlite

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Page 13: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Project – PK 150 Diamond Results

A 209.7 kg sample from drill core yielded:

745 diamonds > 0.106 mm

23 diamonds > 0.85 mm

Total carats > 0.85 mm = 0.2815

Total recovery sample grade (+0.85mm) = 1.34 cpt

> 95% of diamonds are intact, white octahedrons or aggregates.

Number of Diamonds per Sieve Size (mm Square Mesh Sieve)

Sample

Weight

Dry Kg

+0.106

-0.150

+0.150

-0.212

+0.212

-0.300

+0.300

-0.425

+0.425

-0.600

+0.600

-0.850

+0.850

-1.18

+1.18

-1.70

+1.70

-2.36

Total

Stones

Total

Carats

+0.85mm

209.7 392 199 65 27 19 20 21 1 1 745 0.2815

PK150 – all > 0.85 mm stones

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Page 14: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Results – what they mean

Three main factors to consider for diamond deposits

1. Grade – how many carats per tonne (cpt)? 2. Tonnage - how big is the body? 3. Value – how much are the diamonds worth?

1. Grade - good early stage sample grade of 1.34 cpt for stones recovered over 0.85 mm.

2. Tonnage - ? What we know about the size of PK 150 is that it is small and is not a stand alone deposit. More bodies need to be discovered. Diavik was a combination of four kimberlite pipes.

3. Value – ? Diamonds recovered have good colour and shapes but down the road a larger sample is required (~1000-2000 carats).

PK 150 – What is our hurdle when looking at these factors?

There are kimberlites with diamonds at Pikoo An entirely new diamondiferous kimberlite field in Canada!

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Page 15: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Results – the big picture

Exploration Discovery Feasibility Financing Develop. Production Marketing

Pikoo Project

We are here

Diamond projects take 10-12 years on

average to develop from the point of

deposit discovery

Evolution of a Diamond Project: Exploration to Production

Mine Discovered Production Timeline

Ekati 1991 1999 8

Diavik 1994 2003 9

Snap Lake 1997 2008 11

Victor 1987 2008 21

*Gahcho Kue 1995 2016 21

*Renard 2003 2016 13

*in development - production estimate 16

Page 16: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Project Current Program

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General Ice

Direction

kimberlite

unsourced positive KIM till sample (1-2 grains)

unsourced positive KIM till sample (>2 grains)

PK 150

kimberlite

The Pikoo Project area originally became a focus because of a single till sample in the south that contained 2 pyrope garnets.

Focus for June program will be infill existing KIM anomalous till samples to better define unsourced trains.

There are more kimberlites to be discovered

Page 17: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Till Sampling

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Under the roots of fallen trees has proven to be a good place to find quality till samples

Pikoo Project Geologist, Barb Kupsch till sampling in 2012

Page 18: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo – Land Use Application, Drilling

Application was submitted to Saskatchewan Environment on June 9, 2014 for up to 30 holes.

Nine areas of interest will potentially be drilled in two possible programs.

Sept. 2013 –only if current till sampling program results reveal targets.

Feb. 2015 winter drilling.

Results from current till sampling program will narrow down these areas.

Size and scope of the proposed drill programs would be very similar to our 2013 program.

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Page 19: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

2014/2015 Program Logistics

Exploration camp Drill programs will be run out of the Lueder Lake camp. Full-time crew of ~11 for drill programs Two geologists, a helicopter pilot and engineer, five drill crew, a cook/1st aid attendant and a camp maintenance/wildlife monitor. Part-time line cutters Hired as-needed from Pelican Narrows and Deschambault Lake and flown in daily via helicopter.

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Page 20: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Lueder Camp 2013

Dock & Water Pump Generator Shack 23

Page 21: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo 2013 Drill Holes: 2nd Drill Hole

After Line Cutting

Clean up after Drilling Remediation

Drilling

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Page 22: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Pikoo Drill Holes 9th Drill Hole

After Line Cutting

Clean up after Drilling Remediation

Drilling

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Page 23: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Helicopter Pad and Fuel Storage 2013

Remediated – Looking East

Looking South East Looking West

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Page 24: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Field Work Pictures

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Drilling at Pikoo in 2013: the 13PK07 hole, looking south.

Page 25: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Field Work Pictures

Slinging in supplies to the drill site from camp, Pikoo Project 2013

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Page 26: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Employment Opportunities

Sept 2014 program - Results dependent drill program. Possibly till sampling only Employment Opportunities • Two Camp manager/wildlife monitors. • ~Four line cutter positions if drilling. Feb. 2015 program - Planned winter drilling program Employment Opportunities • Two Camp manager/wildlife monitors. • ~Four line cutter positions associated with drilling and ground geophysics.

Employment opportunities will be prioritized between the communities of Deschambault Lake and Pelican Narrows. Myrna Ewing, PBCN Employment Coordinator will be helping North Arrow with job placement.

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Page 27: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Six exploration companies are sponsoring a Mining Rocks Earth Science Program in partnership with Mining Matters.

A total of 30 PBCN youth, ages 14 to 17 years will be invited to attend the program.

Opportunity for young people to

learn about Earth science and geology while experiencing the joys of summer camp at Christopher Lake.

Contact Myrna Ewing at the PBCN for more information about signing up! [email protected] (306) 688-1222

Mining Rocks Summer Camp

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Page 28: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

1. June 2014 till sample results If positive…

2. Fall 2014 / Winter 2015 drilling Did we discover more kimberlites? Do they have diamonds? If yes then…

3. Delineation drilling to understand size of kimberlites =bigger camp, multiple drills, more employment and business opportunities (2 to 3 year period). If we have enough tonnage of diamondiferous kimberlite then…

4. Resource estimate, Preliminary Economic Assessment, Environmental Baseline Work (2 to 3 year period).

Pikoo Project – The Way Forward

Every phase of exploration depends on whether we have success with the previous phase. There are no guarantees that work will advance to the next stage of assessment.

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Page 29: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

The Pikoo Diamond Camp

The results prompted a lot of staking activity and deal making around the Pikoo Project area which has continued so far in 2014.

The Pikoo Property

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Page 30: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Questions and Comments?

Page 31: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

TSXV: NAR

For more information please contact

North Arrow Minerals

Nick Thomas, Manager of Investor and Community Relations

Barb Kupsch, Pikoo Project Geologist

Denise Lockett, Community Relations Consultant

Suite 960-789 West Pender Street

Vancouver, BC

Canada V6C 1H2

Tel: +1.604.668.8355

Fax: +1.604.336.4813

[email protected]

www.northarrowminerals.com

@narminerals

facebook.com/northarrowminerals

Page 32: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

TSX-V: NAR

Reference Materials

Page 33: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Diamond Exploration in Canada

Searching for

kimberlites in

new areas

“Grassroots

Exploration”

1. Regional Area Selection: office based studies on areas with known thick

cratonic geology or previous diamond occurrences. Exposure of craton at

surface is a plus! - ‘Assin'skowitiniwak!

2. Regional Till Sampling: diamondiferous kimberlites occur with other more

abundant “indicator minerals” or “KIMs” that show up in glacial deposits

down-ice from kimberlites – pyrope garnets, illmenite, chromium diopside,

chromite. Samples are taken approximately every 1km.

3. Airborne Geophysics: surveys used to cover large areas very rapidly. Use

underlying rocks physical properties to see structures, changes in rock type

etc.

4. Infill Till Sampling: more detailed indicator mineral sampling grids in areas

with regional samples “anomalous” in KIMs.

5. Ground Geophysics for Target Generation: used to refine any targets

identified from airborne surveys. Also to investigate potential targets

identified through indicator mineral sampling or other means.

6. Target Drilling for Kimberlite: a drill rig is positioned above the target and

a hole is drilled. As the drill penetrates to depth, a continuous sample of the

intersected rock is cored and retrieved for examination by geologists

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Page 34: Presentation for the Communities of Deschambault Lake and Pelican Narrows, June 16 and 17, 20014

Diamonds and Kimberlites

Diamonds:

How do the

Occur?

• Formed >1 billion years ago in the upper

mantle of the lithosphere (150-200 km

down) - pressure and temperature

conditions are right for carbon to be

stable as diamond.

• Brought to the surface by deep origin

volcanic eruptions called kimberlites.

• Kimberlites are found within ancient

shields or "cratons“ that have been

geologically stable for at least one billion

years and are very thick and relatively

cool.

• Less than 1% of kimberlite deposits are

found to contain sufficient amounts of

diamonds to make mining them

economically feasible*.

* From DiamondFacts.Org, “Formation,” World Diamond Council, http://www.diamondfacts.org/about/formation.html

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