AV-1All View-1
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Classes AF-1, AF-2, AF-3, AF-4, AV-1, AV-2 and AV-3 affirmed at 'AAA';
Classes AF-1, AF-2, AF-3, AF-4 and AV-1 affirmed at 'AAA';
Classes AF-2, AF-3, AF-4, AF-5, AV-1 and AV-2 affirmed at 'AAA';
Aviat is being explored under a joint venture between Stornoway (70%), BHP Billiton plc (20%) and Hunter Exploration Group (10%), and hosts the diamondiferous AV-1 and AV-2 kimberlites, discovered from prospecting during 2002 and 2003, respectively.
A total of 2,024 m of delineation drilling was completed at AV-1 between late April and late June, 2004.
Three additional lake-based geophysical targets, selected on the basis of proximity to AV-1, were also tested as part of the spring drilling program.
A strong concentration of anomalous samples have been identified in association with the 70km long, 3-km wide, east-west trending Tremblay Corridor, which hosts AV-1 and AV-2, the first kimberlites discovered in the region.
5 m exposure of hypabyssal kimberlite at AV-1 was stripped of overburden, washed and subdivided into a series of measured 1m2 panels.
The sample grade reported above is not considered to be representative of the entire AV-1 kimberlite body.
5 million acre Aviat Project which hosts the diamondiferous AV-1 and AV-2 kimberlites.
In addition to collecting a larger sample from the second kimberlite phase at AV-1, drilling will also test four to six targets under lakes in the immediate vicinity of AV-1.
Classes AF-1 - AF-4, AV-1 - AV-3, S affirmed at 'AAA';