The Kahuna exploration camp near Rankin Inlet. (Image: Dunnedin Ventures)
NUNAVUT – Vancouver-based Dunnedin Ventures is updating its exploration progress at the Kahuna diamond project 20 km from Rankin Inlet. The KH10-11 kimberlite pipe was discovered this summer, and already the company has sent samples for analysis.
The company has also evaluated the Josephine target area and completed a diamond indicator mineral sampling program. This target has been narrowed down to 10 km2 that will probably be drill tested next summer.
Dunnedin says the project has an inferred resource containing 4.0 million carats in two kimberlite dikes, Kahuna and Notch. This year’s program expanded two other diamondiferous dikes, PST and 07KD-24 that lie outside the existing resource. The company believes that the dikes have the potential to host additional, high grade, near surface, steeply dipping kimberlites. Further work is planned that will allow the company to expand its resources.
Readers can find the Dunnedin corporate presentation at www.DunnedinVentures.com.