The property is located 32km southwest and 47km west of the Ekati and Diavik diamond mines.
The 2013 exploration work at the Redemption, located within the Lac de Gras diamond district, involved airborne gravity gradiometry (AGG) survey, bathymetric surveys and till sampling.
The company has received Final processed data for the AGG survey in early September 2013 and preliminary interpretation identified a number of priority gravity anomalies.
Earlier, North Arrow Minerals has inked an agreement with Arctic Star Exploration to secure an option to earn a 55% stake in the Redemption diamond project.
As per the terms of the agreement, North Arrow will have to pay exploration costs of $5m within 1 July 2013 as the consideration against 55% interest in the Redemption project.
