Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (6861)	6/11/2014 9:01:15 AM
From: Goose94	Read Replies (1) \| Respond to of 202736

North Arrow Minerals (NAR-V) May 28, '14 has started 2014 exploration at the Pikoo diamond project in central-eastern Saskatchewan. A four-week program is under way that will include the collection of approximately 400 bulk till samples to help define kimberlite indicator mineral (KIM) trains within the 33,000-hectare property. In 2013, exploration of the Pikoo project was tremendously successful, with the discovery of a new diamondiferous kimberlite district in Canada. Initial exploration drilling on the property resulted in the discovery of kimberlite in nine of 10 drill holes. A 209.7-kilogram sample from the PK150 kimberlite returned 23 diamonds larger than the 0.85-millimetre sieve class and having a total combined weight of 0.2815 carat (please see North Arrow news release dated Nov. 5, 2013, for complete details of these diamond results). The 2013 program confirmed the Pikoo project area is highly prospective for the discovery of diamond-bearing kimberlites and that drilling success rates can be very high when testing targets with well-defined kimberlite indicator mineral support. The 2014 exploration program has therefore been designed to better define KIM anomalies and will come close to doubling the total number of till samples within the property. Sampling will evaluate selected potential kimberlite targets and will also provide more detailed regional coverage of the eastern portion of the property, where numerous positive till samples are located but the current sample density is insufficient to define individual KIM trains. Till samples will be processed through July and August, and results will be used to plan follow-up exploration, potentially including drilling, in the fall 2014 and winter/spring 2015. The 2014 Pikoo exploration program is being conducted with Stornoway Diamond Corp. under an 80-per-cent (North Arrow)/20-per-cent (Stornoway) participating joint venture arrangement. North Arrow's diamond exploration programs are conducted under the direction of Kenneth Armstrong, PGeo, president and chief executive officer of North Arrow, a qualified person under National Instrument 43-101. Mr. Armstrong has reviewed the contents of this press release.