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Carat Property, Northwest TerritoriesExploration programs on the Carat property have included airborne Mag/EM and ground geophysics, extensive till sampling, mapping and diamond drilling. The CT-55 kimberlite was discovered in 2001 and two diamonds were recovered from the caustic fusion of 242 kilograms of crater facies. The chemical analysis of chromite grains recovered from the drill core indicates a substantial portion originated within the diamond stability field. Ten priority airborne anomalies were investigated in 2004 with detailed ground geophysical surveys. These targets were selected from previous exploration programs conducted over the Carat Property. During the summer of that same year, detailed till and geochemical sampling were carried out over the property in order to follow up 23 geophysical anomalies identified during previous programs. A total of 68 till samples and 74 soil gas samples were collected during this program. In addition, 519 enzyme leach samples were recovered in the area surrounding CT-55, as well as 10 other prospective geophysical anomalies. The interpretation of sample results from 2004 exploration programs, along with a review of the previously conducted geophysical surveys undertaken on the property since 1998, led the joint venture partners to approve a drill testing program for late 2005. In all, five targets were tested with a total of 740 metres of diamond core drilling. All targets were selected from nominated geophysical anomalies, although one target had a coincident soil gas anomaly. No kimberlite was intercepted.
Maps and Photos
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