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Oct. 16, 2014 10:32AM PST
North Arrow Minerals (TSXV:NAR) announced that the majority of a 1,500 tonne bulk sample from its Quilalugaq project had been received by a processing lab in Thunder Bay with processing now underway. The sample was collected in July and August from the Q1-4 kimberlite with an aim of recovering commercial sized diamonds.
According to the press release:
The bulk sample was collected in July and August 2014 from the Q1-4 kimberlite located just nine kilometres from the Hamlet of Repulse Bay (Naujaat), Nunavut. 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 fancy yellow diamonds seen in earlier-stage sampling persist into the larger diamond sizes. Sample processing is expected to take approximately four months. North Arrow is currently working to earn an 80% interest in the Qilalugaq Diamond Project from Stornoway Diamond Corporation (TSX: SWY) by collecting and processing the current bulk sample.
Click here to read the North Arrow Minerals Inc. (TSXV:NAR) press release
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