The 2007 Spring Program crews mobilized to the Monument Project opening up the camp in late February and commenced a diamond drill program on March 5, 2007. Four vertical HQ diamond drill holes were completed into kimberlite DD17 from the ice on the small lake that covers the kimberlite pipe. Drill holes were spotted 25 m from one another, with the objective to increase the microdiamond sample to predict a modeled grade for the kimberlite. Drill holes ranged in depth from 67 to 83 meters for 306 meters total. Drilling was completed on March 27, 2007. Kimberlite was shipped to Kennecott Canada Exploration Inc.'s diamond laboratory in Thunder Bay. To date, 2,137.63kg of DD17 kimberlite has been tested producing 964 stones or 451 stones per tonne. The DD17 kimberlite is estimated to be 0.93 hectares in size and is located 40m west of RIP.
The summer 2007 exploration program drill tested land based targets identified in the spring 2007 geophysical and 2006 geochem till sampling programs. The program commenced mid July and comprised of camp preparation, six grids of detailed ground geophysics, delineation and mini-bulk sampling of the RIP kimberlite plus drill-testing of nine land-based targets. Sixteen diamond drill holes of HQ and BQ core were completed for a total of 1,330 meters.
Drill sampling RIP kimberlite to obtain modeling estimates of diamond grade has produced a total of 950 stones including a 0.445 carat stone from 2,201kg of kimberlite. The RIP kimberlite is currently estimated to be 0.41 hectares in size.
A new kimberlite named Genie was discovered and is located in the east part of our property. Drill hole M94-07 intersected pyroclastic kimberlite from 30.8 to 38.4 m. After drilling, ground magnetics suggest that the drill hole clipped the east side of the body and more kimberlite may exist to the west. The kimberlite’s unique magnetic signature highlights other untested targets that will be drilled in the future. Further drilling is required on Genie to determine the kimberlite’s size and collect an appropriate sized sample for microdiamond recovery.
Discovery of a narrow kimberlite dike in drill hole M-61-07 at 51.5-51.6 m, between kimberlites RIP and DD17-11 indicates that it may intrude a feeder structure that may also extend west through DD17, Nic and Sonja, suggesting the blue string of pearls cluster pipes may be related.
To the southeast, DD39 drill holes M-01-07 intersected volcaniclastic (VK) and pyroclastic (PK) kimberlite between 32.8 and 70.7 m suggesting a small kimberlite pipe. Some 200 m away, drill hole M-02-07 intersected hypabyssal kimberlite (HK) between 32.7 and 35.8m, likely a dike. These intersections suggest that DD39 is not one body as the name implies, but a kimberlite complex consisting of several dikes and blows. Ground magnetics shows a trend of untested and poorly tested targets in the area.