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By Shane Lasley
Mining News 

Exploration underway at LDG diamond JV

Dominion funds C$3.5M program, starts with geophysics

 

Last updated 3/13/2020 at 4:18am

Plane delivering supplies LDG diamond project Northwest Territories

North Arrow Minerals Inc.

Equipment and supplies being delivered for spring exploration at the LDG diamond project in Northwest Territories.

North Arrow Minerals Inc. Feb. 27 said a geophysical survey program is underway at LDG (Lac de Gras), a 147,200-hectare (363,700 acres) diamond property in Northwest Territories being explored under a joint venture with Dominion Diamond Mines.

These ground geophysical surveys are part of a C$3.5 million 2020 exploration program being funded by Dominion. Designed to continue with systematic exploration of this JV project adjacent to the southwest side of the Diavik diamond mine property, this year's field work is slated to include at least 2,000 meters of drilling to test new targets.

A 1,000-meter drill program carried out at LDG last year discovered the Anchor kimberlite.

A 388.15-kilogram bulk sample of the kimberlite contained 232 diamonds ranging from 0.075 millimeters up to 0.212 millimeters.

North Arrow said the presence of microdiamonds in this fine-grained kimberlite is encouraging.

LDG diamond project exploration map Las de Gras Northwest Territories

North Arrow Minerals Inc.

The LDG JV recently completed a kimberlite indicator mineral (KIM) characterization study to compare the Anchor kimberlite mantle sample with the distribution of KIMs in the local till sample database to aid in identifying additional drill targets in the area. This work is part of a full review of the project database, including results from Lidar surveying, ground geophysical surveys, prospecting, till suitability mapping, geophysical anomaly checking and till sampling.

This work, along with results from the current geophysics, will help target exploration drilling at LDG in late spring or summer.

The 2020 exploration program is being fully funded by Dominion Diamond Mines, which is expected to dilute North Arrow Mineral's interest the LDG JV project to 18%.

Author Bio

Shane Lasley, Publisher

Over his more than 11 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

Email: [email protected]
Phone: (907) 726-1095
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