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    North Arrow Announces Discovery of Three New Kimberlites at the Pikoo Diamond Project

    Investing News Network
    Mar. 30, 2015 08:22AM PST
    Gem Investing

    North Arrow Minerals Inc. (TSXV:NAR) announced three new kimberlites have been discovered as part of an exploration drilling program at the Pikoo Diamond Project in central eastern Saskatchewan.

    North Arrow Minerals Inc. (TSXV:NAR) announced three new kimberlites have been discovered as part of an exploration drilling program at the Pikoo Diamond Project in central eastern Saskatchewan.

    As quoted in the press release,

    North Arrow began exploring the Pikoo Project in 2013, discovering the PK150 kimberlite during its first drill campaign and from which a 209.7 kg sample returned a sample grade of 1.34 carats per tonne for diamonds greater than 0.85 mm (please see North Arrow news release #13-20 dated November 5,2013 for details).

    Ken Armstrong, President and CEO of North Arrow, stated:

    The 2015 winter drilling program was a success and has confirmed the Pikoo Project’s potential for multiple diamondiferous kimberlite discoveries. The discovery of an extensive zone of weakly magnetic kimberlite at PK150 has not only increased the size of the body but also opens up possibilities for new  kimberlite targets within the project. Additionally, the PK150 and PK314 kimberlites display textures consistent with, or transitional to, diatreme-like kimberlite bodies.

    Click here for the full North Arrow Minerals Inc. (TSXV:NAR) press release

     

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