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Altius Reports the Discovery of Diamonds in Manitoba
Sep. 27, 2017 09:04AM PST
Gem InvestingAltius Minerals Corporation (“Altius” or the “Company”) (TSX:ALS) is pleased to report the discovery of micro and macro-diamonds on its wholly-owned 60,816 hectare Lynx Diamonds Project (the “Project”), located near the community of Oxford House in the province of Manitoba. As quoted in the press release: Altius optioned the Project from a consortium of prospectors …
Altius Minerals Corporation (“Altius” or the “Company”) (TSX:ALS) is pleased to report the discovery of micro and macro-diamonds on its wholly-owned 60,816 hectare Lynx Diamonds Project (the “Project”), located near the community of Oxford House in the province of Manitoba.
As quoted in the press release:
Altius optioned the Project from a consortium of prospectors and geologists who worked in conjunction with the Manitoba Geological Survey (”MGS”) in 2016 to study the potential of the Knee Lake area to host diamonds. This is an area of the province which has been recognized historically for its abundance of kimberlite indicator minerals (KIMS) in till but for which no known source of KIMS or diamonds had been identified. A single 15.8 kilogram sample collected and analyzed by microdiamond analysis (“MiDA”) by these workers from the Project’s Eastern Bay zone contained 144 micro-diamonds and was reported in early 2017.