Diamond

North Arrow Minerals (TSXV:NAR) has completed a spring exploration drilling program at the Redemption Diamond Project in the Northwest Territories. As quoted in the press release: A total of 1,577 m of drilling in 28 drill holes tested targets within the central part of the property near the up-ice termination of the South Coppermine kimberlite …

North Arrow Minerals (TSXV:NAR) has completed a spring exploration drilling program at the Redemption Diamond Project in the Northwest Territories.
As quoted in the press release:

A total of 1,577 m of drilling in 28 drill holes tested targets within the central part of the property near the up-ice termination of the South Coppermine kimberlite indicator mineral (KIM) train.  Drilling consisted of ten diamond drill holes (951 m) and eighteen reverse circulation (RC) drill holes (626 m). The RC drilling was completed during the latter half of the program, using a light weight, reverse circulation drill rig that proved effective at rapidly evaluating a higher number of targets.
None of the drill holes definitively encountered a bedrock kimberlite source for the South Coppermine KIM train. The majority of geophysical targets were explained by intersections of granitoid intrusive units, particularly pegmatites, or by variable metasedimentary rocks. Follow-up plans for the property will be determined over the coming months. North Arrow is exploring the Redemption property under an option agreement with Arctic Star Exploration Corp. (TSXV-ADD), under which the Company can earn a 55% interest by incurring $5 million in exploration expenditures prior to July 1, 2017.
During the program North Arrow conducted a number of ground geophysical surveys, including surveys on several 100% owned mineral claims covering targets along trend from the Monument kimberlite cluster located to the east of Redemption. These surveys have confirmed a number of priority targets for future follow up, including exploration drilling.

Click here for the full press release.

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