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Diamond Discovery North of The Little PIC River Property

Diamond Discovery & Claim Location Map

Little PIC River 128 claims Diamond/Uranium/REE & PGE Potential Property

"3 KM" south of Dianor Resources Properties in an area of Carbonatite - Kimberlite affinitie.

Available for Option

Location and Access:

The Pic River property consist of 128 contiguous unpatented mining claims, located approximately 30 kilometers west of Marathon and 2 km north of Hwy. 17. The property is readily accessible from Trans- Canada Highway 17. A trail/road cut the main part of the Property in the southern and northern section of the property.

Claims:

The PIC River property consists of 8 unpatented contiguous mining claims ( 128 units, 2048 hectare ) recorded in good standing in Thunder Bay Mining Division within the Grain Twp. Twp. G-0628 .

Claims numbers: 4207525 (16), 4207526 (16), 4207527 (16), 4207528 (16), 4207529 (16), 4207572 (16), 4207574 (16), 4207578 (16)

The Ontario Geological Survey carried out a kimberlite indicator mineral sampling program in the Marathon area following the success of a similar sampling program elsewhere. The sampling returned a number of kimberlite indicator minerals and seven areas and six individual anomalies were identified with potential for diamond mineralization. The property is strategically located on the basis of these results. The sampling was limited in scope and of insufficient density to establish the provenance of the indicator mineral anomalies. In addition, not enough is known about the glacial transport history to determine the proximity of the kimberlite source rocks. The PIC River Property was also covered by a high resolution helicopter airborne magnetic and electromagnetic geophysical survey as part of the Ontario Geological Survey, Treasure Hunt program. This survey outlined a number of circular anomalies which look similar to the signature of kimberlite pipes.

Olivine Grains Cr - Grain

The upper part of the Little Pic River area may a good place to explore for kimberlite for several reasons. These include: 1) there are not one, but 3 sites that have a strong KIM signature while other sites around them do not; 2) each site consists of more than one KIM type; 3) the river does cut to bedrock; 4) all 3 sites are located at a major intersection between structures associated with the TSTZ and the Killala Lake Deformation Zone; and 5) there are a number of magnetic anomalies (bull's - eyes) immediately up-ice from the sites as illustrated on magnetic maps (Geological Survey Canada 1963).