The Chidliak exploration site was discovered in 2005 and acquired by De Beers Canada (De Beers) in September 2018. The Project is located on the Hall Peninsula of Baffin Island in the Qikiqtani Region of Nunavut and the closest communities are the Hamlet of Pangnirtung and the City of Iqaluit. The current Chidliak exploration site is not located within Inuit Owned Lands, Territorial or National Parks and is located entirely within Crown Lands. The current Chidliak exploration site includes 30 kimberlites two of which (CH-06 and CH-07) have been tested for grade and diamond value and are considered to be at an Inferred level of resource confidence.

De Beers is currently engaged in a concept study to evaluate various FutureSmart Mining methods that would minimize environment impacts and enable relatively small kimberlites (diamond bearing rock) to be mined.

De Beers is conducting desktop and field studies to evaluate options for mining methods, infrastructure, processing, information technology, and employee work models. In parallel, environmental field programs were conducted in 2019 to advance the environmental data collected in 2009 to 2017 and to support the evaluation of mining options.

This presentation will provide a brief synopsis of the Project and work conducted in 2019 to advance the Project.