Metalex Ventures Ltd. (TSX:MTX) is reporting diamondiferous kimberlite intersections from two drill holes on a project seven kilometers south of the Victor Diamond Mine in the James Bay Lowlands.
The claims are part of a joint venture between Metalex - Arctic Star Diamond Corp. (TSX:ADD) and Big Red Diamond Corp. (TSX:DIA).
Two clear white microdiamonds were recovered from an 8.64 kilogram sample of kimberlite breccia recovered in drill core from between 5.8 and 25.3 metres below surface. The sample also contained garnets as well as chrome diopsides and one olivine grain.
A 6.18 kilogram core sample from a second drill hole contained a natural clear white microdiamond. The sample material was also identified as kimberlite breccia and was intersected between 30.5 and 39.6 meters below surface. This sample also contained garnets as well as a chromite and chrome diopside grains, all with diamond inclusion compositions.
These results are considered encouraging because small samples of kimberlites in the area, such as those at the Victor Diamond Mine, normally do not contain abundant microdiamonds, according to a release.
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