North Arrow Minerals (TSXV:NAR) will commence its first drill program with partner Arctic Star Exploration at its Redemption project. The project is located in the Lac De Gras diamond district, which currently hosts three of the world’s largest diamond mines.
As quoted in the press release:
North Arrow knows the Lac De Gras region perhaps better than any other currently assembled diamond exploration team. The company’s Chairman, Gren Thomas, made the world-class discovery of the Diavik Diamond Mine just 32 kilometers from where drilling at the Redemption will take place. Diavik is currently the 5th largest diamond mine in the world estimated to produce $787 million worth of diamonds in 2014.