Archon Minerals Ltd V.ACS

Metals & Mining Industrial Metals & Minerals

Archon Minerals Limited is a Canada-based company engaged in the business of diamond exploration in the Northwest Territories of Canada. The Company has interests in three property groups. Its projects include the Buffer Zone Project, the WO Block Project, and the Monument Diamond Project. The Company retains a 100% interest in certain mineral leases located in the western Buffer Zone. The Company holds a 2.3% gross production royalty over the Buffer Zone. The Company has an approximate 17.57% working interest in mineral claims known as the WO Block Project, which is situated in the Lac de Gras area. The Monument Property is situated in the Lac de Gras area.

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Archon Minerals Ltd

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Post by eyewatchjbon Oct 24, 2014 10:49am

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Post# 23058191

From DDC site

Ekati Buffer Zone – The Ekati Diamond Mine consists of the Core Zone (88.9 per cent ownership interest), which includes the current operating mine and other permitted kimberlite pipes, as well as theZon Buffer e (65.3 per cent ownership interest), an adjacent area hosting kimberlite pipes having both development and exploration potential. Eyewatch

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