Stornoway reports Aviat drilling results
Stornoway Diamond Corp. of Vancouver recovered 767 diamonds from two kimberlite groups during drilling this past August at its Aviat Project on the Melville Peninsula near Igloolik.
Other tests have shown areas of the drilling region to be “diamondiferous,” which means they contain minerals often associated with the presence of diamonds, though no actual diamonds have been found.
Stornoway spent about $5 million on its 2003 drilling program, which included excavating eight tonnes of kimberlite from surface areas, 1,202 metres of core drilling, and processing 2,300 till samples.
The company says it is planning a larger drilling campaign for early 2004, after the 2003 data has been processed.
Stornoway holds a 70 per cent interest in the 5.5-million-acre Aviat Project. BHP Billiton owns 20 per cent and Hunter Exploration Group holds 10 per cent.
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