2. What Does Indicator Offer the Investor?
Technical depth
Sophisticated approach to business
Well managed treasury
High-quality projects
Strong joint venture partnerships
St jit t t hi
Active explorer
Four drill programs planned
Innovative strategic alliance with
Munic Gems, Antwerp’s largest
diamond exporter
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3. Extensive Management Experience
President & CEO
Bruce Counts
VP Exploration
David Kelsch
CFO
Louis Blom
Senior Technical Consultant
Grant Lockhart
Magnus Haglund N B i
New Business D
Development
l t
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 continents
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4. Diamond Market Outlook is Bright
Increasing demand - Declining supply
New markets emerging
gg
China and India - demand rising at 15% per annum
No new large diamond mines on the horizon
Existing production declining
Major mines: Ekati, Venetia and Udachnaya production tails off beyond 2011
Source: WWW International Diamond Consultants, BMO Capital Markets
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5. Diamond Market Outlook is Bright
While the current challenging economic conditions have had a negative impact
on diamond demand and diamond prices the medium to long-term outlook for
diamonds remains robust
RBC Capital Markets Diamond Day - London, May
2008
A rough diamond supply shortfall of US$3 Billion is
estimated by 2011.
Continued positive outlook for rough diamond prices
Majors,
Majors such as De Beers and Rio Tinto continuing to
Tinto,
devote large budgets exploring for new sources of
production
Canadian exploration and development projects
remain an important potential source of rough
diamonds
Sources: WWW International Diamond Consultants, BMO Capital Markets, De Beers, RBC Capital Markets
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6. The Discovery Process
Area Selection Sampling
pg Geophysics
py Drilling
g Evaluation
• Archons / • Till • Mag/EM • Core • Micro-diamond
• Gravity Analysis
Cratons • Streams • RC
• Beaches
• Prospecting
Staking Isolation of KIM Target Kimberlite > 1 stone
Source Area Identification Discovery per kilo
Permitting
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7. Key Projects
NORTHEAST ARCTIC
NORTHEAST ARCTIC
MAIN PROJECTS
KEY PROJECTS
SEPTEMBER 2008
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8. Nanuq North – Project Highlights
High Potential for Diamond Discovery
Adjacent to new diamond bearing kimberlite area
Distinct indicator mineral trains terminate at property
Numerous high confidence geophysical targets
Accessible Location
Cl
Close t tid t
to tide-water
Share infrastructure and support with adjacent
Nanuq Project
JV with Peregrine Diamonds Ltd.
Area Selection Sampling Geophysics Drilling
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9. 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
g p y
150 kg sample sent for analysis
Results due in January 2009
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10. Nanuq North – KIM Dispersion
KIM dispersion at Nanuq North
cannot be explained by NQN-001
Undiscovered kimberlites likely
occur inside property boundaries
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11. 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
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12. Darby – Project Highlights
Under Option to Teck Cominco Limited
Spend $14 million by June 2010 to earn 51%
p $ y
Must carry Indicator’s remaining 29% to production
9 Kimberlites Discovered
5 diamond bearing
Large pipes up to 11 hectares at surface
Continued Discovery in 2008
Kimberlite boulders discovered in two new areas
Numerous kimberlite targets
Area Selection Sampling Geophysics Drilling Evaluation
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13. Darby – 2008 Program
$2.1 million budget
16,000 line-km of airborne geophysics
entire property now covered
Kimberlite boulders discovered
now indicates three clusters
Mid-season budget increased
g
to $2.5 million by Teck Cominco
Diamond results due early 2009
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14. Darby – 2008 Program
DDN
Known Kimberlite
Cluster at Darby
New Potential
Clusters
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15. Borden – Project Highlights
Kimberlite float discovery
Abundant KIMs isolated to a
discrete area of the project
58,000 acres of mineral claims
staked
Airborne geophysical survey
completed
Drilling planned for 2009
Area Selection Sampling Geophysics Drilling
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16. Borden – 2008 Kimberlite Float Discovery
Late field season kimberlite float discovery
Float located immediately down-ice of
down ice
priority geophysical anomaly identified in
preliminary data
Kimberlite contains visible altered olivine
and rimmed garnet
Recovered amounts too small for
meaningful microdiamond tests
g
Final geophysical interpretation to confirm
number of drill targets
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17. Grail – Project Highlights
80% Indicator/20% Hunter Exploration
800,000 acres on Boothia Peninsula
High diamond potential chemistry
~20% of garnets are G10s
20%
Limestone cover → Extremely quiet magnetics
Recently completed airborne survey revealed
superb targets in chemistry source area
Drill ready for 2009
Area Selection Sampling Geophysics Drilling
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18. Corporate Structure
Indicator represents an outstanding opportunity for investment
Shares Issued and Outstanding 63.9 million
Fully Diluted 76.1 million
52 Week High / Low $0.37 / $0.01
Market Cap. ($0 05 per share)
Cap ($0.05 $3.2
$3 2 million
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