October 31, 2004 To date,approximately 552 power auger holes totalling 5,358 metres and 67 core holes totalling 2,370 metres have been drilled. Approximately 1,385 power auger samples have been collected and results are available for 940 of them. A combined aeromagnetic and electromagnetic survey was flown over 6,000 line kilometres and ground electromagnetic with or without gravity surveys have been carried out over approximately 23 line kilometres. Approximately 122 samples of kimberlitic material and glacial till have been analyzed for diamonds. Results from the power auger sampling show that the D6 diamond indicator fan is more than 3.6 kilometres long and 3.5 kilometres wide. Within the D6 fan there are 18 separate interpreted glacial trains of diamond indicator minerals which do not appear to originate from any of the known kimberlite pipes. A ground electromagnetic anomaly “EM2” measuring at least 700 metres by 400 metres was tested by power auger sampling and core drilling. Power auger sampling located variable amounts of green kimberlitic clay and strong counts of unabraded diamond indicator minerals within glacial deposits at the anomalous site. A single microdiamond was also found.
In addition to the 16 samples of kimberlite and green clays, a further 83 samples of glacial till containing high counts of diamond indicator minerals were analyzed for diamonds by caustic fusion. A macrodiamond was found in glacial till down ice from K3, a microdiamond was found in kimberlite encountered in a power auger hole in K4, a microdiamond was found in till at EM2 and a fourth diamond was found in glacial till within another fan 1.8 kilometres from K3. The remaining samples are negative.The helicopter geophysical survey yielded three anomalies and these are scheduled for testing by core drilling. Further work will consist of continued systematic back tracking of the best diamond indicator minerals up ice in the D6 fan by power auger sampling and core
drill testing of discovered kimberlite and possible kimberlite occurrences. In addition, drill testing of the three helicopter geophysical targets as well as follow-up of several other areas of strong diamond indicator counts and testing of several untested aeromagnetic anomalies will also be carried out.