North Arrow reports exploration underway at LDG joint venture diamond project, Lac de Gras, NWT
27 February 2020
North Arrow Minerals Inc. is pleased to report it has been notified that a geophysical survey program is underway at the LDG Joint Venture Diamond Project, a prospective 147,200 hectare joint venture property located just south of the Diavik Diamond Mine in the Northwest Territories.
These ground geophysical surveys are part of an approved $3.5M 2020 exploration program designed to continue with systematic exploration of the joint venture project including at least 2,000m of drilling to test new targets. The current field program is expected to continue through late spring followed by exploration drilling in late spring or summer. The 2020 exploration program is being fully funded by joint venture partner Dominion Diamond Mines, after which it is expected North Arrow will retain an approximate 18% interest in the project.
