Exploration Activity
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.
2008 Exploration Programs - Last updated April 24, 2008 Onsite transport of crews and moving equipment is via an onsite helicopter and snowmobiles. An ice spur road was constructed off the main winter road. Several loads of fuel and supplies for the current and proposed summer program were trucked to site. The spring 2008 drill program will concentrate on drill testing as many targets as possible from the approximately 40 untested priority anomalies picked for potential kimberlites. Targets materialized from numerous dogmag, ground magnetometer and airborne geophysics conducted plus various summers till sample programs for indicator minerals. Drilling will first test water-based anomalies in the northeast portion of the claim block. 
Data collected and assessed from current ground geophysical surveys over targets should significantly help to pinpoint drill sight setups and target locations. There is adequate ice for vertical drilling on water-based targets. The spring program intends to test as many of theses target types as possible. Land based targets will preferably be drilled in the summer program.
