Monopros, the Canadian exploration arm of
A geophysical target was tested with an initial three holes. The first two holes were drilled as scissors from the same set-up on ice and collared in kimberlite. The first hole was inclined 65 to the northwest and intersected 150 metres of kimberlite. The second hole was drilled 65 to the southeast and hit 225 metres of kimberlite.
A third hole stepped out 225 metres to the southeast and, aimed 55 to the northwest, pulled 80 metres of kimberlite starting at a downhole depth of 25 metres.
The kimberlite displays textures suggesting different phases of emplacement. Garnet and ilmenite indicator minerals are present in the core. Once detailed core logging has been completed, selected samples will be analyzed by De Beers lab in South Africa for microdiamonds.
Monopros can earn a 70% interest in the 2,530-acre property from Rhonda by spending $10 million on exploration.
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