| Phoenix
Torp Lake
Beaverdam
Canoe Lake/Bamako
Hope Bay
Hay Duck
Anialik
Hammer
|
Location:
The Lac de Gras project is located 290 km northeast of Yellowknife and is within 10 km of the Diavik diamond mine.
Size:
A total of 99,929 acres consisting of 42 claims.
Ownership:
100% North Arrow.
Highlights:
- Located within the Lac de Gras kimberlite field which includes the world class Ekati and Diavik diamond mines.
- Property covered by high definition airborne geophysics.
- Diavik trend projects through the centre of the property and the Ekati trend projects through the western margin of the property.
- Diavik trend projects through the centre of the property.
- New diamond discoveries on the New Nadina property located immediately to the west illustrate potential for continued exploration persistence.
- Agreement signed with Dr. Chris Jennings to jointly explore the property.
- Reprocessing of airborne geophysics data using Dr. Jennings proven, proprietary geophysical processing technique has identified numerous untested kimberlite type targets.
Summary:
Previous work has included airborne surveys, till sampling, ground geophysics and limited diamond drilling. Untested geophysical anomalies and unexplained geochemical anomalies remain. Considering the proximal location of the Lac de Gras properties to operating diamond mines, North Arrow considers the Lac de Gras properties to have significant exploration potential for diamondiferous kimberlite.
In 2008, New Nadina Explorations Limited demonstrated the continuing potential for the discovery of additional diamondiferous kimberlites in the famous Lac de Gras field. Encouraging caustic fusion diamond results were announced for their newly discovered Sparky, DD39 and Gemini kimberlites.
News Releases
| August 25, 2010 |
North Arrow Closes Non-Brokered Private Placement Plans Diamond Exploration Programs |
| July 16, 2010 |
North Arrow Provides Update on Northern Diamond Projects and Announces Intention Of Financing |
| February 24, 2010 |
North Arrow Amends Terms Of Agreement To Explore Lac De Gras Diamond Property |
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