- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Lithoquest Diamonds Begins Exploratory Program at North Kimberley
Canadian diamond miner Lithoquest, is an exploration company focused on the discovery and development of diamond deposits on its wholly owned North Kimberley diamond project.
Lithoquest Diamonds (TSXV:LDI) announced that it has initiated the 2018 field season on its 100 percent owned North Kimberley diamond project located in Western Australia. The first stage of the program work includes re-opening the road into the project area.
Canadian diamond miner Lithoquest, is an exploration company focused on the discovery and development of diamond deposits on its wholly owned North Kimberley diamond project.
As quoted from the press release:
Exploration fieldwork is scheduled to begin in the first week of July and has two objectives
- To drill test high-priority Targets 702 and 701 in order to:
- Confirm the presence of kimberlite
- Obtain first estimates of kimberlite size and geometry.
- Determine if geological variations (phases) exist within each kimberlite body.
- Acquire samples of kimberlite for micro-diamond testing.
2. To identify and evaluate potential drill-targets using geological mapping, prospecting and ground geophysical surveying.
“The 2018 field season is an important milestone in the company’s development,” stated Bruce Counts, President and CEO of Lithoquest. “The upcoming drill program is the first step in determining if a new and distinct field of diamond bearing kimberlites is present on the North Kimberley diamond project.”
Mobilization of the exploration camp will commence immediately after the road is re-opened. The exploration team, including traditional owners from the community of Kalumburu, are scheduled to arrive on site in the first week of July.
Drilling is expected to commence in late July and will begin at Target 702 where micro-diamonds and kimberlite indicator minerals with diamond inclusion chemistry have been recovered from rock samples. It is anticipated that approximately 1,000 m will be drilled at Target 702 before the equipment is moved to Target 701.
Click here to read the full press release
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.