North Arrow Minerals Inc announced that it has completed the exploration programme at its Pikoo Diamond Project in Canada.

The results for the PK314 and PK311 show that there are more diamondiferous kimberlites than was earlier thought – the total number adding up to four.

Earlier microdiamond results from the 2015 drilling at the PK150 had confirmed that it was “significantly diamond bearing”, the Company noted.  So far a total of 531 kg of kimberlite have been tested by caustic fusion from this pipe.

“The 2015 exploration work, consisting of exploration drilling and airborne magnetic surveys, has confirmed the Pikoo Diamond Project as an important emerging diamond district in Canada,” commented Ken Armstrong, President and CEO of North Arrow. “Seven discrete kimberlite occurrences have now been identified, four of which have been tested and proven to be diamondiferous. Kimberlite PK150 remains the most significant discovery to date. It remains open to depth and along strike to the east and will be subject to further drilling in 2016, as will the newly discovered PK311 and PK312 kimberlites and additional targets generated from recently completed airborne magnetic surveys.”

North Arrow is now planning a drilling programme for 2016 which will “focus on defining the full extent of the known kimberlites including PK150, PK311 and PK312, as well as new targets as well as testing new targets identified from the recently completed airborne magnetic surveys”, the Company said.