Lithoquest Diamonds Inc. today announced that it has commenced the 2019 field program on its 100% owned North Kimberley Diamond Project in Western Australia. "The Company is well positioned to discover diamond bearing kimberlites on the North Kimberley Diamond Project in 2019," stated Bruce Counts, President and CEO of Lithoquest Diamonds Inc. "A highly qualified technical team has now been deployed to evaluate over 20 [...]
Lithoquest Diamonds Inc. today announced that it will conduct a non-brokered private placement, subject to the approval of the TSXV, of up to 15,000,000 units at a price of $0.10 per unit for aggregate gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and a net smelter royalty on the Company's ownership interest in the North Kimberly Diamond Project. The royalty rate of the NSR [...]
Lithoquest Diamonds Inc. today announced that it has completed a thorough review of all available data and defined 20 priority target areas on its 100% owned North Kimberley Diamond Project in Western Australia. Three criteria were used to select the priority target areas: 1) the presence of Kimberlite Indicator Minerals , 2) geophysical anomalies, and 3) areas of interest resulting from a geospatial analysis designed to [...]
Lithoquest Diamonds Inc. today announced that it has determined an age of approximately 211 million years for the emplacement of the 1804 Kimberlite discovered in 2018 on its 100% owned North Kimberley Diamond Project. "The emplacement date of 211 Ma is distinctly different from other kimberlites in the region which have been dated to approximately 800 Ma, providing further evidence that a new field of kimberlites is [...]
Lithoquest Diamonds Inc. today announced that it has received results from microdiamond and kimberlite indicator mineral analysis of the 1804 kimberlite discovered on its 100% owned North Kimberley Diamond Project in Western Australia. No diamonds were recovered. The Company's focus in 2019 will be on the discovery of new kimberlites in target areas defined by the Lithoquest exploration program in 2018. "A field that [...]
Lithoquest Diamonds Inc. today announces it has granted incentive stock options to certain of its directors, officers and consultants to purchase up to an aggregate of 1,040,000 common shares of the Company . The Options are exercisable for a period of five years, at a price of $0.16, being the closing price of the Lithoquest common shares on the TSX Venture Exchange on December 14th, the last trading day prior to the [...]
Lithoquest Diamonds Inc. today announced the recovery of an octahedral microdiamond and abundant kimberlite indicator minerals from stream sediment and loam samples collected during its recently completed 2018 field program at its 100%-owned North Kimberley Diamond Project in Western Australia. Highlights Kimberlite indicator minerals have been recovered from stream sediment and loam samples collected in four areas on the [...]
Lithoquest Diamonds announced that it will conduct a high-definition airborne magneticsurvey over a key target area on its 100% owned North Kimberley Diamond Projectlocated in Western Australia. "Detailedmagnetic data was an important component in the discovery of the 1804kimberlite earlier this year," said Bruce Counts, CEO of Lithoquest. "Thecurrent high-resolution survey is designed to identify targets similar to 1804 [...]
Lithoquest Diamonds Inc. has intersected kimberlite in the first drill hole at target 1804 on its 100% owned North Kimberley Diamond Project in Western Australia. “The discovery of kimberlite during the Company’s first drill program is a significant success given that no discoveries have been made in the area for 20 years,” said Bruce Counts, CEO of Lithoquest. “Results confirm the prospective nature of the North [...]
Lithoquest Diamonds Inc. today announced that it has completed phase one of the 2018 drill program on its 100%-owned North Kimberley Diamond Project located in Western Australia. Drilling has ended at Targets 701, 702 and 1604. Phase two is scheduled to commence in approximately two weeks with drilling on Targets 1804 and 1805. Ground conditions prevented the truck mounted drill rig used in phase one of the program from [...]
Lithoquest Diamonds announced that it has initiated the 2018 drill program on its 100% owned North Kimberley Diamond Project. A truck mounted diamond drill rig has arrived on site and has been deployed to Target 702 where the Company recovered micro-diamonds from a small sample of outcrop. Lithoquest anticipates drill testing targets 701 and 702 during the program. The drill rig is configured to recover HQ and NQ sized [...]
Lithoquest Diamonds announced that it has initiated the 2018 field season on its 100% owned North Kimberley Diamond Project located in Western Australia. Initial work includes re-opening the road into the project area. Exploration fieldwork is scheduled to begin in the first week of July and has two objectives: 1) To drill test high-priority Targets 702 and 701 in order to: –ª Confirm the presence of kimberlite [...]