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    North Arrow Minerals Gives Updates on Qilalugaq Project Bulk Sample

    Investing News Network
    Jan. 21, 2015 11:45AM PST
    Diamond Investing

    North Arrow Minerals (TSXV:NAR) says the bulk sample collected from the Qilalugaq diamond project is in the dense media separation process – about 50 percent done – and is expected to be completed in March. Diamond sorting is also underway with preliminary observations indicating diamond recoveries are in line with expectations.

     North Arrow Minerals (TSXV:NAR) says the bulk sample collected from the Qilalugaq diamond project is in the dense media separation process – about 50 percent done – and is expected to be completed in March. Diamond sorting is also underway with preliminary observations indicating diamond recoveries are in line with expectations.

    According to the press release:

    The sample is being processed for the recovery of commercial sized (+0.85 mm) diamonds and the resulting diamond parcel will be used to provide an indication of Q1-4’s overall diamond value as well as the sample’s diamond content, size distribution and to establish whether or not a population of yellow diamonds seen in earlier-stage sampling persists into the larger diamond sizes.

    Dense media separation processing of the sample is over 50% complete and is expected to be finished in March. Diamond sorting is also well underway and preliminary observations indicate that diamond recoveries are in line with expectations and similar in character to diamond parcels from earlier, smaller samples, including a population of coloured diamonds exhibiting a range in yellow hues. Full processing of the sample is on track for completion in April 2015. Disclosure of the recovered sample diamond content and characteristics will be reported at that time, with a diamond valuation to follow thereafter.

    Click here to read the North Arrow Minerals (TSXV:NAR) press release

    Click here to see the North Arrow Minerals (TSXV:NAR) profile.

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