North Arrow Minerals Provides Update for Qilalugaq Bulk Sampling Program

Diamond Investing

North Arrow Minerals Inc. (TSXV:NAR) provided an update on its ongoing sampling program at the Qilalugaq Diamond Project near Repulse Bay, Nunavut. The goal of the bulk sampling program is to recover a diamond parcel of approximately 500 carats to determine an initial value estimate for the diamonds in the Q1-4 kimberlite.

North Arrow Minerals Inc. (TSXV:NAR) provided an update on its ongoing sampling program at the Qilalugaq Diamond Project near Repulse Bay, Nunavut. The goal of the bulk sampling program is to recover a diamond parcel of approximately 500 carats to determine an initial value estimate for the diamonds in the Q1-4 kimberlite.

As quoted in the press release:

As at August 3, 2014 the bulk sample was over 64% complete with approximately 960 t of kimberlite sample collected and transported to the company’s sample laydown site in Repulse Bay. The remainder of the sample will be collected over the next three weeks and the entire sample will be shipped south on the annual sealift scheduled to arrive in Repulse Bay on August 25th. Sample processing is expected to commence in early October. The sample will be processed for the recovery of commercial sized (+0.85 mm) diamonds and the resulting diamond parcel will be used to better determine diamond content, size distribution, diamond parcel value and to establish whether or not fancy yellow diamonds persist into the larger diamond sizes.

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.

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