Vancouver — A low microdiamond count from kimberlite float boulders has prompted Ashton Mining of Canada (ACA-T) to re-evaluate the prospects for further exploration over the Star joint-venture property in the Northwest Territories.
The junior diamond explorer collected a 126-kg sample in July when field crews uncovered a sub-surface layer of till that contains abundant kimberlite boulders. This is in an area where two till samples each contained more than 10,000 kimberlite indicator minerals, some with fresh abrasion marks.
The sample yielded only two microdiamonds (greater than 0.1 mm and less than 0.5 mm in all dimensions).
Based on the disappointing results, Ashton does not plan to attempt to locate the source of the boulders. The company will evaluate all the geological and geophysical data to determine the extent of further work on the property.
Located 140 km north of Yellowknife, the Star property is held 56% by Ashton, 24% by Pure Gold Minerals (PUG-T) and 20% by Tenajon Resources (TJS-V).
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