Properties

PROPERTIES

Archean Cratons

Click to enlarge

Archean cratons are common places where diamonds are formed. Temperatures can reach 1,652 degrees Fahrenheit (900 degrees Celcius) in the Archean craton (which is about 160 kilometers below the surface of the earth). As Canada contains one of the largest archean craton in the world, it makes it highly prospective for commercial diamond deposits. This theory is borne out in practice as Canada contains approximately 10% of the world's known kimberlites. Diamonds have been reported in 10 to 20% of these kimberlites. The Slave Craton, where Consolidated Global Diamond Corp. property is found, is one of several known diamond producing deposits in the world.

Kimberlite Pipes

Kimberlite pipes are created as magma flows through deep fractures in the Earth (160 kilometers and more below the earth's surface). The magma inside the kimberlite pipes acts like an elevator, pushing the diamonds and other rocks and minerals through the mantle and crust. These eruptions, which took place thousands and millions years ago, were short, but many times more powerful than volcanic eruptions that happen today. The magma in these eruptions originated at depths three times deeper than the magma source for volcanoes like Mount St. Helens, according to the American Museum of Natural History. The magma eventually cooled inside these kimberlite pipes, leaving behind conical veins of kimberlite pipes, leaving conical veins of kimberlite rock that contain diamonds. Kimberlite is a bluish rock that diamond miners look for when seeking out new diamond deposits. The surface area of diamond-bearing kimberlite pipes ranges from 2 to 146 hectares (5 to 361 acres).

Central Slave Craton Properties

Click to enlarge

Within the Central Slave Craton region, Consolidated Global Diamond Corp. holds claims in the "Courageous Lake" area (denoted by area surrounded by black borders) and "Jen Claims" area (denoted by area with red borders). The total area covered by the Company's claims is 384,650 acres, making it one of the largest claims holder in the Slave Craton region. The Consolidated Global Diamond Corp. property is located 35 kilometers and 45 kilometers south of BHP Billiton's Ekati and Rio Tinto/Aber Diamond's Diavik mines and 30 kilometers north and 65 kilometers northwest of DeBeer's advanced Snap Lake and Gahcho Kue diamond projects. The Company was issued a Type "B" Land Use Permit in September 2006, allowing it 5 years to drill for kimberlite in the region.

Courageous Lake Property

Click here for a detailed report on Courageous Lake

This property is made up of 146 claims that cover a geographical area of 323,274 acres in the heart of Canada's diamond district. Advanced exploration has taken place on the northern part of the property (notably the JL and the MAC claims group), where Slave and Klad have focused exploration efforts from 1996 to 2003. The southern part of the Property comprises of the KJA and KJB claim groups which were staked in 2001 and where exploration is just beginning.

Harrison Cookenboo (Ph. D., P. Geol., P. Geo.) in his technical report for Klad Enterprise (2003) proposed extensions of structural and chemical trends common to the economic diamond deposits at Ekati, Diavik and Snap Lake. Structurally, Consolidated Global Diamond Corp.'s Lac de Gras dykes closely resemble the economic pipes at both Diavik and Ekati mines. The same Lac de Gras dyke set that the Diavik pipes align along extends south across the property (source: Lecheminant, 1994) and then further south to the Snap Lake pit (Stubley, 2003). Chemically, G10 pyrope garnets from the property are closely comparable to those from Diavik (Graham, et. al., 1999; Cookenboo, 2001).

Slave and Klad Enterprise have conducted a detailed and expansive exploration program on the property including flying more than 8,000 line kilometers of helicopter-borne magnetic and electromagnetic geophysics, collecting and processing more than 400 till samples, and reprocessing another 600 samples. At least 35 targets have been identified on the Company's Lac de Gras property. Three targets have been tested by limited drilling, but no kimberlite has yet been encountered on the property.

Given the Property's proximity and hypothesized structural and chemical ties to world-class diamond mines at Ekati and Diavik along with advanced diamond projects at Snap Lake and Gahcho Kue, H. Cookenboo believes that the Courageous Lake Property has inherent merit for continued diamond exploration. Considerable exploration work has been completed on the property, however detailed target evaluation and testing has only just been started. As such, continued exploration on the property with a focus on detailed delineation using surface geology, ground geophysics, and drilling of the highest priority targets identified by previous exploration will be undertaken by the Company.

Click to enlarge

Jen Claims Property

On May 2007, the Company acquired 100% of mineral claims covering 61,375 acres. The Jen Claims, consisting of 27 mineral claims is located in the Lac de Gras region in the Central Slave Craton area. The property is adjacent to the Company's Courageous Lake property to the south and west, Peregrine property to the east and DeBeers and GGl properties to the north.

In excess of 1,000 known till samples has been collected on the Jen Claims yielding anomalous indicator results in the northwest, western and eastern parts of the property. These results remain unresolved and require further work. Along with the unresolved indicator trains, there are five known geophysical targets. Of these known geophysical targets, four have an electromagnetic signature while one has a magnetic signature. The geophysical targets have yet to be drilled, but the Company plans to so during its Winter 2008 drill program.

See the video library of Courageous Lake work (QuickTime Player is required to play these videos):

Full video (22.1 MB, 56 min to download at 56k)
Part 1: How diamonds were formed (3.5 MB, 9 min to download at 56k)
Part 2: Yellowknife/Exploration support (4.3 MB, 11 min to download at 56k)
Part 3: Base Camp/Property Location (3.0 MB, 8 min to download at 56k)
Part 4: Drilling on Courageous Lake (1.6 MB, 4 min to download at 56k)
Part 5: Denis Hayes expands on drilling 4.0 MB, 10 min to download at 56k)
Part 6: Conclusion (5.9 MB, 15 min to download at 56k)