A total of 463,000 carats were sold for proceeds totalling US $27.1 million.
Known for its wealth of diamonds, the Northwest Territories glitters with mining potential that includes gold, lead, zinc, copper and iron ore. Among the challenges encountered by mining and exploration companies in this jurisdiction is finding properly trained people to meet the demand for skilled and semi-skilled workers.
Recent Northwest Territories articles
The PGB Project is centred approximately 250 kilometres northeast of Yellowknife NWT and consists of 40 mineral claims and leases covering 30,657 hectares.
Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories.
The program is approaching the halfway mark with nearly 50% of the planned 3,000m of drilling completed.
Both properties are owned by Tyhee N.W.T. Corp. and located in the Northwest Territories, Canada.
Approximately 555 tonnes of kimberlite have been recovered from the three Faraday kimberlites using two large diameter reverse circulation drill rigs.
The Kelvin kimberlite is located approximately 280 kilometers east-northeast of Yellowknife.
Report also reveals C$55m First Nations support from De Beers
A requisite permit application has been submitted to the Wek'èezhìi Land and Water Board to build a public highway to the community of Whati.
Kelvin North Lobe bulk sampling at +300 tonnes.