North Arrow’s diamond exploration programs are conducted under the direction of President and CEO, Ken Armstrong, P.Geo., a Qualified Person under NI 43-101. Mr. Armstrong has reviewed and approved all information posted on this page that is of a scientific or technical nature.
Location: Lac de Gras, Northwest Territories
Size: 7,059 hectares
Closest Infrastructure: Ekati Diamond Mine located 33 km northeast. Diavik Diamond Mine located 42 km east
The location of the Loki Project within the Lac de Gras district puts it in the heart of Canada’s diamond production, approximately 33 km southwest of, and 42 km to the west of the Ekati and Diavik diamond mines, respectively.
North Arrow has identified new target areas to the south and east of Arctic Star’s Redemption Project (previously optioned by North Arrow) and retains a 100% interest in 13 mineral claims covering 7,059 ha, including several previously staked mineral claims located to the southeast of the Monument kimberlite cluster. These retained mineral claims comprise North Arrow’s new Loki Diamond Project. A brief till and esker sampling program was conducted at the Loki Project in August with 56 samples collected to provide an initial evaluation of identified target areas.
Results from the 2016 till sampling programs will be reported as they become available over the next several months. Permit applications have been submitted with a view to being in the position to drill in the spring of 2017.