The Redemption diamond project is located 32km southwest of, and 47km west of the Ekati and Diavik diamond mines, respectively.

Over selected targets, the current exploration program will comprise ground geophysical surveys.

The targets have been prioritized based on results of a 2013 airborne gravity gradiometry survey and a review of earlier acquired datasets of airborne and ground magnetic and electromagnetic geophysical.

A total of twenty-one grids, covering approximately 40 individual targets, are planned for the program, which is scheduled to run for approximately 28 days.

The survey results will be used to select targets for further exploration, including drilling.

Exploration program at the Redemption property is being conducted by North Arrow under an option agreement with Arctic Star Exploration.

Under the agreement, North Arrow can earn a 55% interest by incurring $5m in exploration expenditures prior to 01 July 2017, including a firm commitment to spend $1m prior to 1 July 2014.