The first four holes sunk by Commander Resources (CMD-V) (formerly Major General Resources) spin-off Diamonds North (DDN-V) on the 809-sq.-km Blue Ice property on Victoria Island in Nunavut have all cut kimberlite.
Two of the holes, part of a planned 10-hole campaign, were collared on new targets with one hole returning about 15 metres of kimberlite in six bodies. The second hole cut about 1.8 metres in three kimberlite dykes.
The two remaining holes tested the Sand Piper kimberlite. The first hole drilled on the fringe of the elongate body returned about 5 metres of kimberlite from several dykes. The second hole returned a 52-metre section of solid kimberlite.
Diamond North’s Blue Ice property is host to newly identified kimberlite targets as well as previously identified diamondiferous kimberlites. Geophysical surveying along a 10-km-long grid indicates the presence of a major multi-dyke kimberlite system with numerous pipe-like bodies.
Kimberlite float comprising cobbles and pebbles has recently been found in the central portion of the grid.
Drilling, which will soon resume after a base camp relocation, is aimed at targets along the entire grid.
The company holds more than 4,000 sq. km on Victoria Island, and expects to complete up to $3 million worth of exploration during the year, most of this will come from its partners, which include Canabrava Diamond (CNB-V), Patrician Diamonds (PXC-V), Serengeti Resources (SIR-V) and Hawkeye Gold International (HGO-V).
A 4-hole drill program funded by Hawkeye on the Yankee property proved a bust. None of the holes encountered kimberlite, though one was terminated 50 metres short of its intended target, owing to deteriorating ice conditions. The Yankee property is held 50-50 by Hawkeye and Diamonds North.
Commander Resources retains a 9.9% equity position in Diamonds North, along with a 2% royalty on future production.
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