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Ranulf Project, Ontario

Viking Project Map
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Location:

The Ranulf property is located east of the Kyle Lake kimberlite cluster area of the James Bay Lowlands in Ontario, approximately 60 kilometres west of De Beers' Victor diamond mine.

Size:

The land package comprises 30 mineral claims covering 1,384 acres.

Ownership:

Diamondex 100%

Assets:

The Ranulf property is situated in the area surrounding Metalex Ventures' T1, U1 and U2 diamondiferous kimberlites suggesting excellent potential for the discovery of additional kimberlites.

Overview:

Diamondex acquired the Ranulf property from Special Projects Inc. ("SPI"), a Calgary based geophysical company. They also acquired 28,170 line-kilometres of low-level high resolution airborne magnetic data.

2008:

Following completion of the Weiland drill program, two proprietary light-weight reverse circulation drills were moved onto the Ranulf property to undertake a drill program to test 15 high priority magnetic targets. This was completed in April.