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Kelsey Property, Northwest Territories
Location:
The Kelsey Property is located 300 kilometres northeast of Yellowknife, Northwest Territories. It is located on the eastern boundary of the Gahcho Kué property held by De Beers Canada Mining, Mountain Province Diamonds and Camphor Ventures, where eight diamondiferous kimberlites have been discovered.
Size:
13 mineral claims encompassing 29,259 acres
Ownership:
Diamondex - 67.34% / Tyler Resources Inc. - 32.66%
Assets:
- Adjoins the advanced stage Gahcho Kué project (Kennady Lake claims) being developed by De Beers Canada Mining.
- As currently proposed, the Gahcho Kué project will be an open pit mine, with an estimated resource of 31 million tonnes.
- Based on the current resource, the Gahcho Kué Diamond Mine is expected to have a life of 20 years from start of construction to closure and will produce an average of three million carats annually over 15 years of operations.
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Overview:
To date, C$2.66 million has been expended on exploration which included an 8,570 line-kilometre airborne geophysical survey, ground geophysical surveying, mapping, property-wide till sampling and two diamond drill holes.
Maps and Photos
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