Credit Lake Project |
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Credit Lake |
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Country |
Canada
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Province |
Northwest territories |
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Close to |
Yellowknife |
Status |
GREEN EXPLORATION
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Latitude / Longitude |
64 N 27 / 111 W 03 |
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Legends
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Explores for
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Copper - Nickel -
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Risk and valuation analysis of the Credit Lake Project |
Status Risk : Green exploration |
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Title(s) of the Credit Lake Project |
![](http://www.24hgold.com/24hpmdata/pub/3431_artic.gif) | Arctic Star Diamond Corp. Owner: 100% |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company project page](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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The ground is held 100% by Arctic Star, but is subject to a 51 % back-in right by Kennecott. The back-in is triggered when Arctic takes more than 200 carats from a kimberlite discovery in the area of interest. To back in, Kennecott must spend 2.5 tim more... |
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Location of the Credit Lake Project |
The Credit Lake property is located along the Coppermine River system, about 10 kilometers west of Lac de Gras, where both E'kati Diamond Mine (BHP/Billiton) and Diavik Diamond Mine (Rio Tinto/Harry Winston) occur. The property is located about 300 km NE of Yellowknife, and is accessible by air and on land in winter.
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Geology of the Credit Lake Project |
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Extensive till sampling on the property (3500 to date) has revealed at least five separate diamond indicator mineral trains. Probe analyses of the indicator grains are considered positive and strongly indicate they are associated with diamond mineralization
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Discoveries and Drilling Results | |
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Data last updated on : 3/25/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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