Diamond News – diamond mining news: Diamond miner Shear Minerals Ltd. (SRM: TSXV) has commenced winter exploration drilling on the Liege Diamond Project located in Northern Alberta.
In December 2009, Shear mobilized field crews to Northern Alberta to initiate access routes into the drill targets on the Liege East Property. Three initial priority targets have been selected for drill testing and are suggestive of kimberlite based on a high resolution airborne geophysical survey that was completed in 2006 and follow up ground geophysical surveying in 2007 and 2008.
The Liege Diamond Project was acquired from a Canadian oil and natural gas exploration, development and production company. Seven prominent pipe-like targets have been identified from seismic surveys and are suggestive of kimberlites. They were generated during exploration for oil and gas. The Liege Diamond Project consists of over 120,000 acres and is located 360 km north of Edmonton, Alberta. The project area lies 80km immediately east of the Buffalo Head Hills kimberlite cluster and is located along the projected trend of the Peace River Arch, a crustal structure potentially favorable for kimberlite emplacement. Shear holds an option to earn into an initial 51% interest in the Liege Diamond Project.
There are 48 known kimberlites in the Northern Alberta Kimberlite Province that include the 38 kimberlites discovered by Ashton Mining of Canada within the Buffalo Head Hills Field and 9 kimberlites in the Birch Mountains which are in close proximity to the Liege Diamond Project.
Shear’s disclosure of a technical or scientific nature in this press release has been reviewed and approved by Pamela Strand, M.Sc., P. Geol., Shear’s President, Qualified Person under the definition of National Instrument 43-101.
Shear is a Canadian-based exploration company focused on diamond exploration in the Canadian North, where it explores in established diamond districts and has discovered new ones. Shear currently has a portfolio of eight diamond projects, seven of which are drill-ready. Shear has advanced its flagship (62.3% ownership) Churchill Diamond Project from a conceptual idea to an expanding diamond district hosting 88 kimberlites in the Kivalliq region of Nunavut.
Related posts:
- Diamond Drilling Commences at Buffalo Hills Project, Joint Venture Between Canterra, Shore Gold and EnCana Corporation
- Shear Minerals Reports NI 43-101 Resource Estimate for Jericho Diamond Project
- Stornoway and Shear Option Chesterfield Inlet Claims in Nunavut
- Stornoway Diamonds Commences Fall Drilling At Renard Diamond Project
- Diamond Miner Diamcor Commences Drilling at Krone-Endora at Venetia Project
