Kimberlite targets identified in northern parts of Saskatchewan
Excerpted from CBC News
The mining company De Beers is ready to spend millions of dollars looking for diamonds in northern Saskatchewan.
On Wednesday it was announced that De Beers had signed an agreement with CanAlaska — a company that has staked claims on kimberlite-style targets in the Northwestern Athabasca Basin, in the northwest corner of the province.
“These 75 circular targets fit all the geological and geophysical criteria of kimberlites,” Peter Dasler, president of CanAlaska said in a news release. “The location of the targets within a thick sequence of crystal rocks and their clustering around major structural features, provides a compelling target for CanAlaska and De Beers.”
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