Upcoming Events - Chidliak

This page is dedicated to upcoming key events. (estimated timeline) . (Corporate website - events)

*Information in this current blog is based on information obtained up to mid 2018 and should be considered legacy at this time and should no longer be relied upon.*

December 2017 - Onsite DMS unit (10tph) - Initial site selection review has started.

February, 15th 2018 - Updated TFFE/inferred resource on CH-6 - 2018-02-15.

March 9th, 2018 - Received final approval for trench locations at both CH-7 and CH-44 from the NWB (Nunavut Water Board). Trenches at CH-6, CH-7 (x2) and CH44 are allowed to proceed at specific co-ordinates provided.

March 29th 2018 - Full Technical report on resource update available -- 2018-03-29 

April 30th, 2018 - NWB (Nunavut Water Board) officially approves new 5 year water permit for Chidliak.

May 2018 to August 2019 - QEC (Qulliq Energy Corporation) - Iqaluit bulk storage upgrade (diesel farm). This increases the diesel capacity in Iqaluit from 5.6 million litres to 11.3 million litres. Positive screening from NIRB on March 22nd, 2018.

May 23rd 2018 - Updated PEA (preliminary economic assessment) now published . Link to news release --> 2018-05-23 (material increases from basecase 2015 PEA)

June 2018 - Iqaluit Deep Water port construction starts.

July to August 2018 - Continued environmental baseline program.

September 2018 - Ownership change of Chidliak expected.

March 3rd to 6th, 2019 - PDAC Convention. Diamond session - Monday, March 4th from 2:00 pm to 5:00 pm.

February - May 2019 (potential - not confirmed) - Establish winter camp, ice strip in preparation for supporting LDD RC Drilling, Trench bulk sample and regular core drilling.

CH-6 - Trench details - 30 metres long x 15 metres wide. Depth 3 to 8 metres.
Trench will produce approximately 500 tonnes of kimberlite and will be started around March 1st, 2018.

CH-7 - NE Trench details - 25 metres long x 10 metres wide. Depth 3 to 5 metres (maximum depth 6 metres). Trench will produce approximately 1,500 tonnes of kimberlite and will be started around March 1st, 2018

CH-7 - SW Trench details - 25 metres long x 10 metres wide. Depth 3 to 5 metres (maximum depth 6 metres). Trench will produce approximately 1,500 tonnes of kimberlite and will be started around March 1st, 2018

CH-44 - Trench details - 20 metres long x 10 metres wide. Depth 3 to 5 metres (maximum depth 6 metres). Trench will produce approximately 1,500 tonnes of kimberlite and will be started around March 1st, 2018

June 2019- Bulk samples to the SRC for testing. (Possible onsite DMS use instead)

2018 to 2019 - PFS/FS work plus continual environmental studies and necessary permitting work.

2019 - new Iqaluit small craft harbour available for use.

October 2020 - Iqaluit deep water port construction finished.

2020 - 2023 - Estimated Construction and commencement of mine production - First production commercial diamonds pulled out of Chidliak.

May 31st, 2023 - Current water permit expires.

3 comments:

  1. A deep water port seems to be finally moving forward! You can read the article here: http://www.cbc.ca/news/canada/north/iqaluit-port-moving-forward-1.3417733

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  2. Enjoy all the information have been a shareholder for over ten years

    ReplyDelete
    Replies
    1. No problem. So much information in multiple technical reports. Too many kimberlites is a good problem to have.

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