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The Nanuq North Project hosts a significantly diamondiferous kimberlite, NQN001, discovered on the property during a late season drill program in 2008. Based on ground geophysical data, NQN-001 is a large kimberlite body with a minimum surface area of 1.8 hectares. Numerous geophysical targets and multiple kimberlite indicator mineral trains have been identified at Nanuq North and remain to be tested.The Grail Project, a 236,000-acre property, which has garnered the interest of major mining companies and junior explorers, is located on the Boothia Peninsula in the Canadian arctic just 80 kilometers from the tidewater community of Taloyoak. Work on Grail suggests a new kimberlite field exists with excellent diamond potential. After several successive heavy mineral sampling programs, kimberlite indicator minerals have been isolated to a discrete area of the Grail Project. Airborne geophysical surveys have been conducted over this area revealing compelling targets that Indicator is preparing to drill test.
The Borden Project is located on western Baffin Island on the Borden Peninsula. Kimberlite boulders were discovered while prospecting a geophysical target identified in data collected during a 2008 airborne magnetic survey. Kimberlite indicator minerals, including pyrope garnet, have been visually identified in the float. Samples of the kimberlite boulders have been collected for analysis.
