TSXV : JOR - Building a Leading Diamond Exploration and Development Company Botswana, Africa March 2012 - Mine Africa
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TSXV : JOR Building a Leading Diamond Exploration and Development Company Botswana, Africa March 2012 www.pangolindiamondscorp.com
Cautionary Note Regarding Forward-Looking Statements
Some statements contained in this presentation are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ
materially. The content of information contained in this Presentation has not been approved by an authorized person within the meaning of any Act of
government. Reliance upon this Presentation for engaging in any investment activity may expose an individual to risk of losing all of the property or other
assets invested. If any person is in any doubt as to the contents of this Presentation, they should seek independent advice from a person who is
authorized for the purposes and who specializes in advising in investments of this kind. This Presentation is being supplied to you solely for your
information. While the information contained herein has been prepared in good faith, neither Pangolin Diamonds Corp. (“Company”) nor its shareholders,
directors, officers, agents, employees or advisers give, has given or has authority to give, any representations or warranties (express or implied) as to, or
in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any written, audiovisual or oral
information made or to be made available to any interested party or its advisers and liability therefore is expressly disclaimed. This Presentation does not
constitute, or form part of, an admission document, listing particulars or a prospectus relating to the Company, nor does it constitute an offer to sell or
issue any shares in the Company. No reliance may be placed by an individual, interested party or its advisers for any purpose whatsoever on the
information contained in this Presentation or on its completeness, accuracy or fairness thereof, nor is any responsibility accepted by the Company for any
errors, misstatements in, or omission from, this Presentation or any direct or consequential loss however arising from any use of, or reliance on, this
Presentation or otherwise in connection with it by an individual or interested party. This Presentation may not be reproduced or redistributed, in whole or
in part, to any other person, or published, in whole or in part, for any purpose without the prior consent of the Company. The contents of this Presentation
are confidential and are subject to updating, completion, revision, further verification and amendment without notice.
2
Highlights
♦ Highly experienced team with over 75 years combined in Africa
♦ Botswana is the best diamond address in the world
♦ 11 Prospecting Licences covering over 6,620.4 km2 (100% owned)
♦ Several +20 Ha kimberlite drill ready targets indentified
♦ Detailed aeromagnetic survey data completed
♦ G10 indicator garnets, kimberlite fragments and diamonds found in soils
♦ Positive outlook for rough diamond prices; 5% growth per year to 2020
3
Capital & Corporate Structure
Pangolin Diamonds Corp. Pangolin Diamonds Corp.
(private)
Total Shares I/O 20,000,000 100%
Pangolin Diamonds Limited
(private)
100% 100%
Pangolin Diamonds (Pty) Geocontracts Botswana (Pty)
Ltd. Ltd.
(private) (private)
4
Directors
Leon Daniels, Ph.D. Geochemistry, B.Sc., B.Sc. Hons. Geology, Chairman, Director
Dr. Daniels has over 35 years experience in diamond exploration and production. He discovered the Klipfontein kimberlite pipe in South Africa early in his
career. Dr. Daniels previously worked for Falconbridge Exploration, Botswana, evaluating the 180 ha crater facies M1 kimberlite, for Trans Hex Group in
Swaziland overseeing the evaluation of the Dokolwayo Diamond Mine, for Roan Selection Trust International in Angola, overseeing production of five
alluvial mines, and consulted on the evaluation of the River Ranch kimberlite in Zimbabwe. Dr. Daniels also discovered the DK4 kimberlite (only
kimberlite in the Orapa kimberlite field not discovered by De Beers), the Mambali kimberlite field in Zimbabwe for Trillion Resources Ltd., and more
recently co-founded African Diamonds Plc (AIM: AFD), subsequently acquired by Lucara Diamond Corp. (TSX: LUC), in 2010.
Willem Smuts, Ph.D. Geology, M. Sc., B.Sc. Hons. Geology, President & CEO, Director
Dr. Smuts has over 25 years experience in exploration, reserve evaluation and planning in the mining sector. He has extensive success in leadership
roles in environments ranging from government, small consultancy to global corporations. Dr. Smuts has successfully coordinated and executed
exploration programs in Africa, including being executive manager and co-owner of Genres (coal bed methane in Botswana and Zimbabwe) from 1994 to
2000. He also has performed environmental impact studies for several firms and was editor/managing editor of three award-winning mining magazines.
Louis Peloquin, BBA, LL.B, LL.M., Director
Mr. Peloquin is a business consultant combining several specialties, including transactional law, and has extensive international experience in
management, mergers and acquisitions, corporate development, government relations and corporate finance. He has developed a solid expertise in
natural resources with over ten years experience as senior executive at major mining companies in Canada and the United States. Mr. Peloquin was a
member of the management committees and senior executive of Golden Star Resources Ltd., an international mining company based in Denver, and of
Quebec Cartier Mining Company (now Arcelor Mittal Mines Canada).
Sean McGeorge, BA, BA Hons, Director
Mr. McGeorge spent many formative years in diamond camps and operations across southern Africa. He has served on the board of Pangolin Diamonds
Limited as the Chief Executive Officer, and is a director of Pangolin Diamonds (Pty) Ltd since 2008. Mr McGeorge is a media specialist and has worked
on advertising campaigns for major banks and mining related companies.
Thomas A. Fenton, LL.B., Director
Mr. Fenton has been a Partner of Aird & Berlis LLP since he joined the firm in June 1997 after practising with a national, Toronto-based law firm. He is
Practice Group Leader of the Corporate Finance Group and a member of the Corporate/Commercial Group, as well as the Energy, Mergers &
Acquisitions and Mining Groups. Mr. Fenton was called to the bar in 1988 after obtaining his LLB degree from the University of Western Ontario.
5
Management & Advisors
Leon Daniels, Ph.D. Geochemisrty, B.Sc., B.Sc Hons. Geology, Chairman, Director
Dr Daniels has over 35 years experience in diamond exploration and production. He discovered the Klipfontein kimberlite pipe in South Africa early in
his career. Dr. Daniels previously worked for Falconbridge Exploration, Botswana, evaluating the 180 ha crater facies M1 kimberlite, for Trans Hex
Group in Swaziland overseeing the evaluation of the Dokolwayo Diamond Mine, for Roan Selection Trust International in Angola overseeing production
of five alluvial mines, and consulted on the evaluation of the River Ranch kimberlite in Zimbabwe. Dr. Daniels also discovered the only kimberlite in the
Orapa kimberlite field not discovered by De Beers, the Mambali kimberlite field in Zimabawe for Trillion Resources Ltd., and more recently co-founded
African Diamonds Plc (AIM: AFD), which was subsequently acquired by Lucara Diamond Corp. (TSX: LUC), a Lundin Group of companies in 2010.
Willem Smuts, Ph.D. Geology, B.Sc Hons Geology, President & CEO, Director
Dr. Smuts has over 25 years experience in exploration, reserve evaluation and planning in the mining sector. He has extensive success in leadership
roles in environments ranging from government, small consultancy to global corporations. Dr. Smuts has successfully coordinated and executed
exploration programs in Africa, including being executive manager and co-owner of Genres (coal bed methane in Botswana and Zimbabwe) from 1994 to
2000. He also has performed environmental impact studies for several firms and has been editor/managing editor of three award-winning mining
magazines.
Darryl Fine, BA Economics, B Comm, CFO
Mr. Fine comes with over 20 years experience with financial operations in private and public companies. He also has extensive experience with
government licensing, OSC financial reporting, and approval processes. Mr. Fine has been involved with numerous reverse takeovers and accelerated
growth companies
6
Botswana the Premier Diamond Address
♦ Africa’s best country for mining; rated as #1 by Fraser Institute
♦ Highest sovereign credit ratings in Africa
♦ Established Mining Code (Mines and Minerals Act, 1999)
♦ First diamonds discovered in 1959; first kimberlite discovered in 1967
Over 275 kimberlites discovered in Botswana to date
♦ Largest diamond producing Country in the world by value
Jwaneng, the richest mine in the world
Orapa, 2nd largest diamond mine in the world
Four non-De Beers diamond mines
Supplies 21% of global rough diamond production
7
Exploration Projects
♦ 11 Prospecting Licences (PL) covering over 6,620.4 km2
♦ 5 Project Areas (100% owned)
Tsabong North (priority target)
Jwaneng South
Lorolwane (application pending)
Malatswae
Mmadinare
♦ Correlation of aeromagnetics, kimberlite indicators, and pioneering of trace
element surveys identified numerous kimberlite targets
♦ Several +20 Ha kimberlite drill targets indentified
8
Map of Projects
9
Tsabong North Project – priority target
♦ Property 2,079.3 km2 in size
♦ Anomalous concentrations of kimberlite indicators
♦ Detailed aeromagnetic survey over half the property
♦ Large geobotanical features
♦ Drill ready aeromagnetic targets
Inclusive of three targets believed to be > 20 Ha
♦ G10 garnets indicate mantle environment conducive to diamond formation
♦ Garnets with remnants of kimberlite indicate close proximity to bedrock.
10Tsabong North Project – Aeromagnetics
11Tsabong North Project – Geobotanical
Orapa AK1 Mine Smuts Pan Smuts Pan
Pre-Discovery Google Earth ESRI Satellite
850m 1540m
TSB 78 Soil Sample: 14 garnets 4 Ilmenites
12Tsabong North Project – Aeromagnetics
TSM-06 Orapa AK1
Aeromagnetic Aeromagnetics
Target + Pipe Outline
1000m
13Tsabong North Project – Trace Elements
Aeromagnetic Target TSM-06 7148000
Vanadium
7147500
7147000
7146500
7146000
584000 584500 585000 585500 586000 586500 587000 587500 588000
Nickel Thorium + Uranium
7148000 7148000
7147500 7147500
7147000 7147000
7146500 7146500
7146000 7146000
584000 584500 585000 585500 586000 586500 587000 587500 588000 584000 584500 585000 585500 586000 586500 587000 587500 588000
14Jwaneng South Project
♦ Property is 799.4 Km2 in size
♦ 50 km south of Jwaneng Mine
♦ Large geobotanical features, inclusive of four targets believed to be > 20 Ha
♦ +0.425mm Diamond found in soil sample 200m from +20 Ha target.
♦ Trace Elements identified major target +100 Ha in size
♦ Potential for extensive Rooikoppie alluvial gravels
GK4
Target
720m
15Jwaneng South Project – Geobotanical Targets
Orapa BK3 GK9 GK6
Kimberlite Target Target
16Jwaneng South Project – Diamond at GK5 Soil Sample
17Jwaneng South Project – GK6 Trace Elements
GK6 Target
Ti Th+U Cs Y+La+Nb V
18Malatswae Project
♦ Property is 1,616.1 km2 in size
♦ Extensive soil sample data, located 50km from the kimberlite field
♦ Garnet compositions indicate separate source to known kimberlites
♦ Detailed aeromagnetic survey data
♦ Kimberlite targets defined
♦ Pre-Kalahari palaeo river trapsites located downstream from Orapa diamond
mines
Garnet Contours over aeromagnetics Aeromagnetic Survey
19Mmadinare Project
♦ Property is 1,345.6 km2 in size
♦ Early stage exploration
♦ Geobotanical features similar to known kimberlites
♦ Kimberlite indicators reported by De Beers
♦ Detailed aeromagnetic survey data
♦ Similar geological enviroment to known mines:
Venetia, the Oaks, Martinsdrift, River Ranch
♦ Poor kimberlite indicator preservation in secondary
environment
20Going Forward
♦ Complete NI 43-101 technical report on Tsabong North Project
♦ Complete steps required for RTO with Key Gold Holdings for listing on TSX:V
21Diamond Market
Historical and Forecast Rough Polished Diamond Price Index
Diamond Production (Mkts)
♦ Indian & Chinese demand driving market with 2010 growth to 37% in India and 26% in China
♦ Polished prices in 2011 has exceeded the growth trend before the financial crisis of late 2008
♦ Existing major mines are aging, going underground with increased costs and lower production
♦ No significant recent discoveries to meet future demand and production shortfall from 2012.
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