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Pikoo Diamond Project Exploration Update Companion Presentation to - - PowerPoint PPT Presentation
Pikoo Diamond Project Exploration Update Companion Presentation to - - PowerPoint PPT Presentation
TSXV:NAR Pikoo Diamond Project Exploration Update Companion Presentation to the September 8, 2015 Pikoo Project Press Release FORWARD LOOKING STATEMENT This presentation contains projections and forward looking information that involve
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PIKOO PROJECT, SK
- North Arrow (80%)/Stornoway
(20%) Joint Venture.
- Good local infrastructure; within
10 km of SK Hwy 911– more than 200 km from nearest kimberlite field (FALC).
- Exceptional diamond results from
PK150 kimberlite in 2013; 23 diamonds > 0.85 mm from 209 kg.
- 560 till samples were collected
in 2014 to generate new target areas.
- Spring 2015 drill program
discovered four new kimberlites; PK150 doubled in size.
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PIKOO PROJECT, SK
- North Arrow (80%)/Stornoway
(20%) Joint Venture.
- Good local infrastructure; within
10 km of SK Hwy 911– more than 200 km from nearest kimberlite field (FALC).
- Exceptional diamond results from
PK150 kimberlite in 2013; 23 diamonds > 0.85 mm from 209 kg.
- 560 till samples were collected
in 2014 to generate new target areas.
- Spring 2015 drill program
discovered four new kimberlites; PK150 doubled in size.
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- 977 till samples have
been collected from the property; including 550 in 2014.
- Positive samples range
from 1 to 100’s of KIM grains.
- Five KIM trains or
anomalous areas have been identified.
- All indicator trains are
probe-confirmed to be mantle derived and indicative of a kimberlitic source.
pyrope garnets ilmenite eclogitic garnets chromite
Probe Confirmed Results
PIKOO PROJECT – KIMBERLITE INDICATOR TRAINS
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Bigger circles = more KIM grains June 2014 till sample
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24 drill holes (3,243 m) tested kimberlite discoveries from 2013 & new targets defined by till sampling programs in 2014. PK150 delineation drilling
- Was drilled by 6 holes
(bringing total number of holes to 9)
- Strike extended to 150 m;
depth to 199 m.
- Cut off to the west but
remains open to east
- Eastern extension not
constrained by high intensity magnetics;
- Transitional to diatreme-type
textures encountered in eastern-most hole (PK-34)
SPRING 2015 DRILLING – PK150
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Bigger circles = more KIM grains kimberlites pyrope garnets ilmenite eclogitic garnets chromite
Probe Confirmed Results
PK150
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SPRING 2015 DRILLING – PK150
Drill Hole PK34
- Hole PK34 intersected 30m of
kimberlite (21.5m true width) ~29m eastern stepout; weakly magnetic zone; subtle mag targets now on radar.
- Magmaclasts suggest transitional to
diatreme facies.
Ground Magnetic Field Data of PK150 – Vertical Gradient with Total Field Contours
2015 drilling 2013 drilling
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PK16 PK18
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- Caustic fusion analyses of 323.02 kg of kimberlite from PK150 have resulted in the
recovery of 487 diamonds larger than 0.106 mm sieve class, including 9 diamonds greater than the 0.85 mm sieve class;
- Weakly magnetic transitional kimberlite discovered at the eastern end of PK150 has
returned diamond counts consistent with the remainder of the kimberlite.
SPRING 2015 DRILLING – PK150 DIAMOND RESULTS
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Number of Diamonds per Sieve Size (mm Square Mesh Sieve) Sample 0.106 0.15 0.212 0.3 0.425 0.6 0.85 1.18 1.7 Total Total Weight
- 0.15
- 0.212
- 0.3
- 0.425
- 0.6
- 0.85
- 1.18
- 1.7
- 2.36
Stones Carats Dry Kg +0.85mm PK150 323 197 131 69 47 23 11 7 1 1 487 0.185
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1 10 100 1000 10000 100000 1000000 10000000 100000000 1E+09 1E+10 0.000010 0.000100 0.001000 0.010000 0.100000 1.000000 SPHTUI STN SZ
PK150 2015 (323kg) PIKOO HK (210kg)
PK150 MICRO DIAMOND RESULTS – 2013 vs. 2015
K P
PK150 2015 (323 kg) PK150 2013 (210 kg)
Microdiamond Results (Stones Per Unit Interval)
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1 10 100 1000 10000 100000 1000000 10000000 100000000 1E+09 1E+10 0.000010 0.000100 0.001000 0.010000 0.100000 1.000000 SPHTUI STN SZ
15PK150_18 15PK150_16 15PK150_34 PIKOO 2015
PK150 MICRODIAMOND RESULTS – DRILL HOLES VS. TOTAL
2015 PK150 – Hole 18 2015 PK150 – Hole 16 2015 PK150 – Hole 34 2015 PK150 Total (323 kg)
C K K P
Microdiamond Results (Stones Per Unit Interval)
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1 10 100 1000 10000 100000 1000000 10000000 100000000 1E+09 1E+10 0.000010 0.000100 0.001000 0.010000 0.100000 1.000000 SPHTUI STN SZ
CH6(1500kg) KDI 8/13 (1100kg) KDI 10/12 HK (394kg) PK150
Chidliak CH6 (Peregrine) - 1500 kg Kelvin KDI 8/13 (Kennady) - 1500 kg Kelvin KDI 10/12 HK (Kennady) - 394 kg PK150 Total (North Arrow) – 533 kg
C K K P
PK150 MICRODIAMOND RESULTS – TOTAL VS. OTHER
Microdiamond Results (Stones Per Unit Interval)
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PK311 – drilling collared into a weathered micaceous unit confirmed by KIM analysis as kimberlite; more drilling required to define
- rientation/extent of body.
PK312 – 1.5 m near vertical dyke; 14.5 kg sample returned five diamonds; abundant olivine, garnet, ilmenite & chrome diopside macrocrysts; further delineation required. PK314 - 25 m wide; >40 m strike length; drilled to 213m; high chrome pyrope geochem; ~475 kg being processed for microdiamonds.
SPRING 2015 DRILLING – NEW DISCOVERIES
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Bigger circles = more KIM grains kimberlites pyrope garnets ilmenite eclogitic garnets chromite
Probe Confirmed Results
PK314 PK312 PK311
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SPRING 2015 DRILLING – PK314
2015 drilling
Airborne Magnetics
2013 drilling PK 314 – target apparent
- nly on ground mag; four
holes drilled; 25 m wide body; >40 m strike length; drilled to 213 m depth
Ground Magnetics
pyrope garnets ilmenite eclogitic garnets chromite
Probe Confirmed Till Results
High chrome pyrope garnet
Structure hosting narrow kimberlite dikes
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PIKOO - THE WAY FORWARD
- PK314 microdiamond results – due late September 2015.
- Heli-mag survey of key target areas - September and October 2015.
- Fixed-wing mag survey of Pikoo East option properties – September, 2015.
- Winter/ spring 2016 drilling:
- Fully define known kimberlites
- Drill-test targets defined by heli-mag survey.
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