RE:RE:I can’t see ADD releasing if you had bother to read the MDA and ADUITIED FINACIALS you see there was news in the release last week. ir on page 4 of the MDA go to SEDAR if you need to read your sell
Given the positive diamond and indicator minerals results from Sequoia, the JV committed to a late 2021 and an early 2022 exploration programs. DIA elected to participate. In the fall of 2021, the JV completed phase 1 of a helicopter-borne EM and magnetic survey. In late March 2022 phase 2 of this survey was completed. The data from this survey has revealed numerous targets. The Spring 2022 exploration program focused on delineation drilling of the Sequoia kimberlite complex using HQ diameter drill holes. Six drill holes were completed. Two exploration targets were also tested by drilling, in the first no kimberlite was intersected, in the second a new kimberlite, called Arbutus, was discovered, 180m from the known Finlay kimberlite. Diamond results have been returned for the Arbutus kimberlite and these are reported above in table1. They are the second best results to date behind Sequoia. Sample sent to CF minerals from Arbutus were analyzed for indicator minerals. Chuck Fipke reported superior chemistry with high diamond potential for Arbutus. Results for Sequoia, a much larger sample are awaited