Committee Bay Resources Ltd. (CBR.V) and Indicator Minerals Inc. (IME.V) said they acquired more than 58 thousand acres of contiguous mineral claims over an area of the Borden Project, which is believed to host diamond-bearing kimberlite bodies.
The companies said kimberlite indicator minerals were tracked to the newly staked area over the course of four years using proprietary sampling methods developed by Indicator Minerals. A detailed helicopter-borne magnetic survey to identify drill targets has been initiated to bring the project to a drill-ready stage, which will be followed by prospecting and ground geophysical surveys.
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