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Crystal Exploration Inc.
Summary
| Project: | Muskox and Hood River | |
|---|---|---|
| Deposit: | Muskox and Hood River | |
| Location: | Canada | |
| Commodities: | Diamonds | |
| Date: | 12/7/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-12-2016: Crystal Exploration Inc. announces a Supporting Acquisition report for its Muskox and Hood River deposit at the Muskox and Hood River project. Summary of recently acquired properties. “Project”, the “Property” or “properties”), located approxim | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dean J. Besserer (Internal) | |
| ABSTRACT: | “Project”, the “Property” or “properties”), located approximately 250 kilometers (“km”) southeast of the community of Kugluktuk, Nunavut and approximately 400 km northeast of Yellowknife, NWT. The Property consists of 8 non-contiguous prospecting permits, totaling 115,002 hectares (ha) and one mineral claim (150 ha; pending) within Nunavut. Crystal Exploration Inc. (the "Company" or "Crystal") acquired the Property from a private company, 1882266 Alberta Ltd. in early 2015. The Muskox Project comprises 7 of the 8 prospecting permits and one mineral claim, which are centered at the north end of Contwoyto Lake, Nunavut approximately 110 km north of the Ekati diamond mine, which is considered the center of the Slave Geological Province. The Hood River Project comprises one prospecting permit approximately 230 km north of Ekati within the northernmost part of the Slave Geological Province. Due to the location of the current properties relative to Ekati and the Jericho Diamond mines, there have been many comprehensive diamond exploration programs conducted within and near the properties. Previous exploration by others has resulted in the discovery of the diamondiferous Muskox and Rush kimberlites within Crystal prospecting permit P-25, and the James River kimberlite dyke within prospecting permit P-20. | |
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