Sep 24 2014
North Arrow Minerals Inc. is pleased to announce the start of a follow up till sampling program at the Pikoo Diamond Project in central eastern Saskatchewan. The program is intended to collect 120-150 additional till samples to supplement 441 samples that were collected during a four week program completed in June 2014.
Preliminary results have been received from approximately half of the June program samples and have defined new kimberlite indicator mineral (KIM) trains within the property. These KIM trains are separate and discrete from the North and South Pikoo KIM trains where kimberlite was discovered in 2013. The purpose of the current program will be to better define these new target areas in preparation for a winter drilling program in 2015.
The 2014 Pikoo exploration program is being conducted with Stornoway Diamond Corporation under an 80% (North Arrow) / 20% (Stornoway) participating joint venture arrangement.
Qilalugaq Project Bulk Sample Update
North Arrow is also pleased to report that the 1,500 tonne bulk sample from the Q1-4 kimberlite has arrived by sealift in Montreal and is scheduled to start being received by the processing laboratory in Thunder Bay later this week. Starting 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 provide an indication of Q 1-4'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.
North Arrow's diamond exploration programs are conducted under the direction of Kenneth Armstrong, P.Geo., President and CEO of North Arrow and a Qualified Person under NI 43-101. Mr. Armstrong has reviewed the contents of this press release.