Proposed Summer Drilling

Summer Drill Program - 2017

The timeline is set to start the summer program in about 2 to 3 months from now once the spring melt occurs in and around June.

There is more detail on the planned program. The proposed drillholes are listed in the recent AGM presentation -- AGM Update PDF

On Page 17, the planned drillholes are shown on the image.

This program will try and use the benefits of horizontal drilling to gain more information for less $$'s. On the diagram on page 17, one can see the 'parent' drillhole and the associated wedging off that hole to enter kimberlite pipe at various depths.

The final quantity of drilling footage is still a work in progress and there is a possibility of utilizing 2 core drill rigs instead of just the one already onsite. The equipment listed in the permit to work at Chidliak does list and allow for 2 core drill rigs, so it is just a question of procuring and mobilizing a second rig to site.

All work from the summer program will feed into a second or updated PEA that should include a new underground portion of the CH-6 kimberlite pipe on the assumption the resource continues to a depth of around 500 metres. They will know if it does in a few months from now when the drilling occurs.