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Final Hearings for the Jericho Diamond Project

Final Hearings for the Jericho Diamond Project. Presented in the Nunavut Communities of Cambridge Bay, Kugluktuk and Gjoa Haven January 5 – 9, 2004. Building a Project – Key Steps. Vision Perseverance Cooperation Dedication Commitment Success. Material to be Presented or Available:

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Final Hearings for the Jericho Diamond Project

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  1. Final Hearings for the Jericho Diamond Project • Presented in the Nunavut Communities of Cambridge Bay, Kugluktuk and Gjoa Haven • January 5 – 9, 2004

  2. Building a Project – Key Steps • Vision • Perseverance • Cooperation • Dedication • Commitment • Success

  3. Material to be Presented or Available: • General Overview of the Jericho Project • Detailed information to be presented by Tahera’s consultants as per their areas of expertise. • EIS and Supplementary Information documents • Posters • About Tahera Corporation: • Publicly traded on the Toronto Stock Exchange (TAH) • Involved in diamond exploration in Nunavut since 1992 • Have discovered numerous kimberlites on property

  4. Tahera Corporation: • Will develop the Jericho Diamond Project for purposes of extracting commercially saleable diamonds • Will be developing the Company’s first mining project with the aide of experienced mine builders (Nuna, SRK, DRA) • Will utilize local labour and services • Have an Agreement in Principle for an Inuit Impact Benefit Agreement (IIBA) with the Kitikmeot Inuit Association (KIA) • Will develop the Jericho Project with minimal impact to the environment

  5. TaheraCorporation: General Project Location Tahera’s Diamond Projects

  6. TaheraCorporation: Project Location - Regional

  7. About the Jericho Diamond Project: • Proposed 8 year mine life • 300,000 tonnes of kimberlite processed each year • Average diamond grade of 1.2 carats per tonne • + 3 million carats of diamonds recovered • Open pit mining for 4 years • Underground mining for 2 years • Processing for minimum of 8 years

  8. Project History: • 1992/1993 EXTENSIVE STAKING, EXPLORATION • 1995 DISCOVERED JERICHO PIPE • Baseline studies begin • 1996 MINI BULK SAMPLE JERICHO PIPE • 1997 DELINEATE & BULK SAMPLE JERICHO PIPE • Underground bulk sample: 9,400 tonnes treated recovered 10,530 carats • 1999 PREFEASIBILITY STUDY • 2000 FEASIBILITY STUDY COMPLETED • 2001 DRAFT EIS COMPLETED + PREHEARINGS CONDUCTED • 2003 FINAL EIS SUBMITTED

  9. Development of the Environmental Impact Statement • Draft EIS written based on the NIRB guidelines • NIRB’s consultants provided a conformity analysis of the draft EIS • Final EIS completed to conform to guidelines and comments received from Wilkinson and Associates • Additional consideration was given to CEAA requirements prior to finalizing Final EIS • Information requests received in April and May 2003 • Supplementary information provided in October 2003

  10. The Jericho Project: Section 12.5.5 (NLCA), Matters Taken into Account (pg. 109-110) • Whether the project would enhance and protect the existing well-being of the residents and communities of the Nunavut Settlement Area, taking into account the interests of other Canadians; • Whether the project would unduly prejudice the ecosystemic integrity of the Nunavut Settlement Area; • Whether the proposal reflects the priorities and values of the residents of the Nunavut Settlement Area; • Steps which the proponent proposes to take to avoid and mitigate adverse impacts; • Steps the proponent proposes to take, or that should be taken, to compensate interests adversely affected by the project; • Posting of performance bonds; • The monitoring program that the proponent proposes to establish, or that should be established, for ecosystemic and socio-economic impacts; and • Steps which the proponent proposes to take, or that should be taken, to restore ecosystemic integrity following project abandonment.

  11. Site Infrastructure and Mining of the Jericho Diamond Project

  12. Existing Jericho Site: • Camp Site: 50 person capacity • Portal Site: Developed by mining contractor during bulk sampling program • Airstrip: Approximately 1 km in length with landing lights • All-season roads: Approximately 3.5 km

  13. Existing Jericho Camp:

  14. Jericho Portal – Location of Jericho Kimberlite

  15. Jericho Project Site Plan

  16. Schematic of the Jericho Pit & Underground Workings

  17. Jericho Mine Site Animation

  18. Baseline Studies

  19. Depth of Baseline Studies Completed 1995 - water quality, water chemistry, vegetation, wildlife, fisheries 1996 – meteorology, hydrology, water & sediment quality, bathymetry, acid-base accounting, fisheries, wildlife, heritage, socio-economics 1997 – meteorology, snow depth, hydrology, water quality, and wildlife 1998 – meteorology, water and sediment quality, and fisheries 1999 – meteorology, hydrology, snow depth, water and sediment, quality, vegetation, wildlife, fisheries, heritage, geotechnical investigations, ore and waste rock characterization, spray irrigation 2000 – meteorology, hydrology, water and sediment quality, geotechnical investigations, vegetation, wildlife, spray irrigation 2001 – meteorology, hydrology, water and sediment quality, geotechnical investigations, vegetation, wildlife, spray irrigation 2002 – meteorology (operating under proposed joint venture) 2003 – meteorology, permafrost, soil and bedrock conditions, water quality of small streams

  20. Incorporation of Traditional Knowledge Elders Site Visit

  21. Incorporation of Traditional Knowledge • Elders visits to Jericho Site in 1996 and 1999 • Allowed elders to see site first-hand • Provided opportunity to discuss concerns • Opportunity to bring elders together from different communities • Opportunity for elders to view archeological / heritage resources work • Elders knowledge confirmed and complimented scientific data for area • Ongoing community consultations in the communities of Kugluktuk, Cambridge Bay, and Gjoa Haven. Consultations have also taken place in Bathurst Inlet, and Bay Chimo • Valuable information collected regarding Inuit culture and values

  22. Incorporation of Traditional Knowledge • Influence on mine site development • Planned mine infrastructure was altered due to caribou migration routes • Management Plans reflect significance placed on wildlife by the Inuit culture • Right of way on roads • Special diversions to minimize impact of migrations • Monitoring committees to ensure TK is adhered to • Future additional insight from: • Kitikmeot Traditional Knowledge Study. • Ongoing community meetings • IIBA will insure that TK continued • Information gained by other mining companies

  23. Heritage Studies: • Conducted by: Fedirchuk, McCullough and Associates in 1996 and 1999, coupled with two site visits by Inuit elders from West Kitikmeot communities. • Used to Identify and Evaluate heritage resources at the Jericho site that might be disturbed or destroyed by project development. • Summary: • one artifact of scientific and cultural interest was identified in 1996 and further study recommended; • the one artifact, consisting of an arrowhead and stone chips, was excavated and mapped in 1999; the artefacts were curated by FMA and deposited in Prince of Wales Heritage Museum pending establishment of an Inuit heritage museum in Nunavut; • Inuit elders did not identify any sites that were potential graves, nor express any special concerns about project development.

  24. Tahera’s Team: Cam Scott – SRK Consulting – Geotechnical Kelly Sexsmith – SRK Consulting – Water Quality Pete McCreath – Clearwater Consultants Ltd - Water Bruce Ott – AMEC – Vegetation and Discharge Andre Sobolewski – Microbial Technologies - Water Treatment Rick Pattenden – Mainstream Aquatics – Aquatics Bob Humphries – Levelton Engineering - Air Quality Ben Hubert – Hubert and Associates – Wildlife Court Smith – Nuna Logistics – Abandonment and Reclamation Robert Hornal – Robert Hornal and Associates - Socioeconomics Andrew Gottwald – Vice President and CFO, Tahera Corp. Letha MacLachlan – Legal Counsel

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