Monopros walks from Alberta JV

Monopros, the Canadian subsidiary of De Beers Consolidated Mines (DBRS-Q), has pulled out of a joint venture with Troymin Resources (TYR-A) following an unsuccessful drill program in the Buffalo Hills area of northern Alberta.

Monopros failed to encounter any kimberlite while testing three targets (one on the Muskwa property block, and two on the Bison block). A fourth target (on the Bison block) was not drilled, owing to poor road conditions.