The Conversation (0)
North Arrow Minerals Inc. (TSXV:NAR) intersected kimberlite in the first hole of a drilling program currently underway at the Pikoo diamond project, located approximately 140 km east of La Ronge, Saskatchewan. The 2,000 m drilling program is being funded by North Arrow as part of an option agreement with Stornoway Diamond Corporation under which North Arrow can earn an 80% interest in the Pikoo project.
As quoted in the press release:
Drilling is intended to test a number of kimberlite targets associated with the North Pikoo and South Pikoo kimberlite indicator mineral trains (Please see North Arrow news release #13-06 dated April 29, 2013 for details). Drill hole DDH 13PK-01 (-48°/028° Az), testing a target in the North Pikoo area, cut a 0.60 m hypabyssal kimberlite dyke at 110.7m down hole. This represents the first bedrock occurrence of kimberlite in this area of the Sask Craton, Saskatchewan and confirms the potential of the Pikoo project to host a new kimberlite field in Canada. The current program is anticipated to run through the end of July, 2013.
Click here to read the North Arrow Minerals Inc. (TSXV:NAR) press release
