Pikoo

Highlights

• The Pikoo claims were staked in 2011 based on results of regional exploration programs intended to test the diamond potential of the Sask craton in north-central Saskatchewan.
• Initial surficial till sampling identified two distinct kimberlite indicator mineral ("KIM") trains (South Pikoo and North Pikoo) which were drilled in July 2013 with kimberlite encountered in nine of ten holes,
• Most significant kimberlite remains the PK-150 in the South Pikoo area thought to be approximately 10-15 m wide, 150 m in strike length, and traceable to 199 m (remains open past that).
• 2016 spring drilling program discovered two to four new bodies, the most significant in size being PK 346 located in North Pikoo.
• Short two-week till sampling programs were conducted in September 2021 and October 2022 to test for kimberlite indicator mineral (“KIM”) support of targets generated by a Machine Learning Platform, used successfully at the Ekati Mine.

Overview

The Pikoo claims were originally staked in February and March 2011 on the basis of regional kimberlite indicator mineral ("KIM") sampling in the Sask craton of north-central Saskatchewan. The regional sample results suggested the potential for multiple kimberlites or kimberlite clusters within a 15km by 20km source area covered by the claims. 

Tighter spaced follow-up till sampling in areas that showed the most indicator grains from regional work brought the focus to two distinct source areas, the North Pikoo train and the South Pikoo train. Both of these areas were drill-tested in July of 2013 by North Arrow as part of a 2000 meter program that earned the company an 80% interest from Stornoway Diamond Corporation and resulted in the discovery of a new diamondiferous kimberlite field for Canada. The remaining 20% was later acquired from Stornoway and announced in February 2017. 

On April 4, 2016 at the conclusion of the spring 2016 drilling program, North Arrow announced nine to possibly eleven, discrete kimberlite occurrences had been identified on the property.  Five of which proved to be diamondiferous.   

Kimberlite PK150 still remains the most significant discovery to date measuring 10-15 m wide, 150 m in strike length, and traceable to 199 m (remains open past that). 

Diamond results for the kimberlite bodies tested thus far are available below: 

See excel spreadsheet uploaded to portal “Pikoo Diamond Results Compiled”

The 2016 program also included the collection of 102 till samples throughout the property.  An additional 42 till samples were taken in 2017 in the northern and southern parts of the property to better define the North Pikoo, South Pikoo and Bear Lake KIM trains in an effort to identify additional drill targets prior to renewed exploration drilling on the property. Short till sampling programs were conducted in September of 2021 and in October 2022 (see video of program highlights and lowlights here) to continue to refine and define new kimberlite targets for a future drill program, the timing of which will be dictated by market interest in diamond exploration.  Many of the targets remaining to be tested were generating using a Machine Learning Platform developed by the Mineral Services Group. The platform was proven successful at the Ekati Diamond Mine property where new kimberlites were discovered in two out the three targets tested. The kimberlites were in areas no geologist would ever have picked as having kimberlite potential.