Vancouver — Recent drill results suggest that the diamondiferous Snap Lake kimberlite system extends at depth on to Diamondex Resources‘ (DSP-V) adjoining King property.
Two drill rigs have been turning during the winter program and a third drill is on its way to the property, some 220 km northeast of Yellowknife.
The first hole of the planned 6,900-metre program was collared 200 metres north of the of the claim boundary. It hit 17 narrow kimberlite dykes over a 60-metre section from 1.1 km down-hole. The total thickness of all the dykes is 1.66 metres. One diamond drill is testing this intercept 100 metres to the northwest.
Some 800 metes to the west, hole 2 cut eight kimberlite dykes over a 24-metre section from 1.15 km down-hole. The combined thickness of these dykes is 2.56 metres. The rig is being wedged to obtain a second intercept through the kimberlite zone.
A third rig is being added to speed up the evaluation process. This drill will test for the extensions of the kimberlite dykes west, north and northwest of hole 2.
The junior has allocated $2.7 million for a major program at the wholly owned property, which adjoins De Beers Consolidated Mines‘ (DBRSY-Q) Snap Lake project to the north.
Be the first to comment on "Diamondex adds a third rig at King"