Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Diamond Miner Begins 2018 Drill Program at North Kimberley Diamond Project
News Update

Share on Stocktwits


Drill program begins in Western Australia.

Rock collected at target NKDP-1605 showing textures consistent with kimberlite

Lithoquest Diamonds Inc. (LDI:TSX.V;CWVWF.OTCPK) recently announced beginning the 2018 drill program on its 100% owned North Kimberley Diamond Project in Western Australia. The company recovered micro-diamonds from a small sample of outcrop in April, so it just deployed a truck mounted diamond drill rig to target area 702.

Drilling is also anticipated at target area 701, and the rig has been set up to recover HQ and NQ sized core suitable for geological interpretation and diamond analysis. When drilling is completed, results will be released.

Additionally, three new high-priority kimberlite targets have been identified by field work which is currently being conducted at the property. These targets are supported by historical results which include kimberlite indicator minerals as well as diamonds.

Through the month of August, field work will continue in order to identify additional targets. To drill the new targets, an application for a Program of Work has been submitted to the Western Australia Department of Mines, Industry Regulation and Safety.


1) Jake Richardson compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Lithoquest Diamonds. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Lithoquest Diamonds, a company mentioned in this article.

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe