Debut Diamonds and KWG Resources Inc. (TSX.V: KWG) subsidiary company Canada Chrome Corporation (“CCC”), have come to an agreement which provides it with access to a valuable geotechnical database covering a 330 kilometre north-south transect through the base-metal-rich and diamond-bearing area from the Ring of Fire to Nakina (Proposed CCC Railway Route in RED below).
The database was created as a result of a mechanized-auger soil sampling program conducted by Golder Associates that collected nearly 6,000 soil samples from 811 borings on claims staked by Canada Chrome Corporation. The soil profiles were recovered to complete an engineering data base for a railroad construction scoping study. The soil profile samples recovered at 500 meter intervals along the entire length of the CCC claims constitute an unprecedented opportunity for the search for mineral deposits along this area of the Canadian Shield.
Under the agreement Debut will process the glacial till horizons to recover heavy and indicator minerals and has the option to earn a 100% interest in any diamond deposits within the claims and an area of interest extending 30 kilometres beyond the boundary of any of the claims, for completing the sample analysis for kimberlite indicator minerals and heavy minerals for an expenditure (or payment-in-lieu) of up to $500,000. It is a condition of the agreement that any metals identified or discovered as a result of the sample analysis will be the property of CCC, within the same area.
When heavy minerals are concentrated and separated from glacial till samples, this allows the minerals to be examined under a binocular microscope, SEM or electron microprobe for particle shape and composition. Bulk analysis of heavy minerals provides a rapid, low cost method to screen large volumes of samples. This may provide further insight into identifying the source of any heavy minerals found.
Both gold and diamond mines have been discovered using this technology. Similarly for diamond exploration, the presence of certain mineral phases (see kimberite indicator minerals below) may help to identify distance to source kimberlites.
The Ontario Geological Survey is collaborating in examining the soil samples in order to construct from them a detailed profile and understanding of the glacial till depositions.
The indicator and heavy mineral separation phase of the project has concluded. Heavy minerals representing a variety of mineral deposit types have been identified.
All data received from laboratory geochemical analysis of the samples is being plotted, and subsequent to further analysis, a follow up program will be contemplated. Debut is the operator of the project.