Jul 5 2019
North Arrow Minerals Inc., a Canadian-based exploration company, is happy to announce that it has received notification from Dominion Diamond Mines—a joint venture partner and operator—that mobilization is ongoing for the summer field program.
The summer field program also includes exploration drilling at the LDG Joint Venture Diamond Project located in Northwest Territories. LIDAR surveying has been scheduled to be a part of this summer exploration work, until suitability mapping and sampling and about 1,000 m of exploration drilling are undertaken.
This week, drill crews will mobilize to camp, and drilling will begin soon thereafter. This will involve testing of two target areas that were defined during the newly concluded spring geophysics campaign. This also includes the Grid 4 target delineated by an OhmMapper resistivity anomaly coincident with magnetic and gravity lows situated next to a diabase dyke.
It is anticipated that the summer exploration program will run until the end of July. Part of a $2.8M 2019 exploration program, the summer exploration program is specifically designed to concentrate on kimberlite discovery within this prospective 147200-hectare joint venture property situated next to the south of the Diavik Diamond Mine.
Dominion Diamond Mines is fully funding the 2019 exploration program after which North Arrow Minerals is anticipated to retain an estimated 21% interest in the project.
Dominion Diamond Mines operates the joint venture, and Aurora Geosciences based in Yellowknife Northwest Territories is managing the field operations.