Along with diamonds, it’s what North Arrow Minerals will be looking for in two active exploration programs to kick off 2016.

The diamond explorer just kicked off a 2,500-metre, $1.69-million drill program at Pikoo, its Saskatchewan diamond discovery, that will further delineate diamond-bearing kimberlites and test new targets. Joint-venture partner Stornoway Diamond (20%) has elected not to participate in funding for the program, bumping North Arrow's ownership interest to about 85%.

North Arrow will also drill at Redemption in Lac de Gras, Northwest Territories, near the Ekati and Diavik diamond mines. The goal at Redemption is to locate the bedrock source of the large South Coppermine kimberlite indicator mineral train. The company recently raised $800,000 cash by selling a package of royalties on the Redemption property.

North Arrow also cut and polished two fancy yellow diamonds from its Qilalugaq diamond project in Quebec, which CEO Ken Armstrong was showing off at the core shack during AME-BC's Roundup conference.

North Arrow Minerals is a CEO.CA client.