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Cache Property, Northwest Territories
Location:
The Cache property is located 180 kilometers northeast of Yellowknife, Northwest Territories and adjoins the southwest corner of the Camsell claims, where the Snap Lake Diamond Project is under development by De Beers Canada Mining Inc.
Size:
1 mineral claim encompassing 2,273 acres
Ownership:
Diamondex 80% / SouthernEra Resources 20%
Assets:
- Sections of the significant mineral train that passes through the central portion of the Hilltop claims are located on certain Cache property claims.
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Overview:
During the spring of 2003, two discrete high-priority geophysical anomalies were drill tested. No kimberlite was discovered. A total of 426 till samples have been collected across the property to date, many returning positive results for kimberlite indicator minerals.
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