The Conversation (0)
North Arrow Minerals Inc. (TSXV:NAR) intersected hypabyssal kimberlite in nine of ten drill holes from a recently completed drill program at its Pikoo project in Saskatchewan. The most significant discovery was in the South Pikoo area, where target PK150 intersected kimberlite from 28.89 meters (hole DDH13PK06 at a -59° inclination), 22.12 meters (hole DDH 13PK08 at a -49° inclination) and 20.12 meters (hole DDH 13PK09 at a -60° inclination). The drilling program is being funded by the Company as part of an option agreement with Stornoway Diamond Corporation (TSX:SWY), under which North Arrow can earn an 80% interest in the Pikoo project.
As quoted in the press release:
The most significant discovery of the program was in the South Pikoo area where target PK150 was tested by three drill holes. Drill hole DDH 13PK06 (-59°/194° Az) drilled 28.89 m of kimberlite from 51.39 m down hole. Additional 0.51 m and 0.18 m kimberlite dykes were also encountered at 122.67 m and 123.60 m downhole, respectively. DDH 13PK08 (-49°/010° Az) tested PK150 approximately 35 m to the west of 13PK06, and drilled 22.12 m of kimberlite from 140.95 m down hole and 0.59 m of kimberlite from 167.26 m down hole. DDH 13PK09 (-60°/199° Az) was collared approximately 70 m west of 13PK06 and drilled 20.12 m of kimberlite starting at 63.85 m down hole. The PK150 kimberlite is interpreted as a near vertical body comprised of dark grey hypabyssal kimberlite containing abundant olivine as well as common ilmenite and orange to purple garnets and less common chrome diopside. Internal country rock dilution is estimated as less than 5% and mantle nodules ranging up to 10 cm are common.
Drill hole DDH 13PK10 (-50°/201° Az) tested a separate target located 300 m east of PK150 and cut a 0.69 m kimberlite dyke starting at 170.46 m downhole.
Click here to read the North Arrow Minerals Inc. (TSXV:NAR) press release
Click here to see the North Arrow Minerals Inc. (TSXV:NAR) profile