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Sakari Project
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Location: |
Nunavut |
Est. Size: |
42,000 Acres |
Ownership: |
50% option agreement with Shear Minerals Ltd. |
Opportunity: |
Discover new diamondiferous kimberlite in the proven kimberlite district |
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The Sakari Property is located adjacent to the Darby project, where Teck Cominco Limited and Indicator Minerals Inc. discovered a new kimberlite field, including an 11-hectare pipe. For the 2007 budget Teck Cominco committed to an $8.5 million budget for the Darby project.
Only a small portion of the property has been surveyed, and targets are already starting to emerge.
In 2007 the partners completed an airborne geophysical survey to identify additional high-priority targets. Sakari is a strategic property; it positions both Diamonds North and Shear Minerals in a known diamondiferous kimberlite field.
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