North Arrow & Dominion Diamond Mines Ready for Summer Drilling in NWT
七月 5, 2019North Arrow Minerals and joint venture partner and operator Dominion Diamond Mines have said that mobilization is underway for the summer field program, including exploration drilling, at the Lac De Gras (LDG) Joint Venture Diamond Project in the Northwest Territories. The LDG Project is located in the Lac de Gras kimberlite field, close to two of the world’s richest diamond mines: Diavik and Ekati. Summer exploration work is scheduled to include LIDAR (Light Detection and Ranging) surveying, till suitability mapping and sampling and approximately 1,000m of exploration drilling. Drill crews are to mobilize to camp this week.
The drilling will commence shortly after the drill crews arrive on site, testing two target areas delineated during the recently completed spring geophysics campaign.The summer exploration program is expected to run through to the end of July and is part of a $2.8M 2019 exploration program designed to focus on kimberlite discovery in this prospective 147,200 hectare joint venture property located adjacent to the south of the Diavik Diamond Mine. The 2019 exploration program is being fully funded and operated by Dominion, with and field operations are managed by Aurora Geosciences based in Yellowknife NWT. Under the joint venture agreement, Dominion owns ~89% interest in the project once the spring 2019 exploration program is complete, after which it is expected North Arrow will retain an approximate 21% interest in the project. North Arrow is also working on an engineering design and costing study of a small-scale mobile diamond recovery plant at its Naujaat Diamond Project in Northwest Territories. Source – www.thediamondloupe.com