Canterra Minerals Corporation has announced on behalf of the Buffalo Hills Joint Venture that diamond drilling has commenced on the Buffalo Hills Project located in Northern Alberta.
The field portion of the $1.1 million Exploration Program adopted by the Buffalo Hills Joint Venture Management Committee for the 2010 program is focused on completing the delineation drill program, that to date has resulted in the drilling of 41 holes for 6,818 metres over three kimberlite pipes. Evaluation of these drill cores has so far resulted in the development of three-dimensional models for the K6, K14 and K252 kimberlites. Over the next 5 weeks, approximately 11 drill holes for a total of 2,000 metres will be completed on the K5 and K91 kimberlites. Four additional tests will target priority grid locations on the K6 and K14 pipes. The 2010 fieldwork is expected to complete preliminary three-dimensional models for the K5, K6, K14, K91 and K252 pipes. These geologic models will guide the selection of “high interest” bodies for mini-bulk sampling in subsequent field programs.
The Buffalo Hills project is a joint venture with Canterra (28.5%), Shore Gold Inc. (28.5%), and EnCana Corporation (43%). Canterra is the Operator of the Buffalo Hills Joint Venture with Canterra and Shore each contributing 50% of the exploration expenditures.
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