It is a very busy exploration year in the area that surrounds Kugaaruk in central Nunavut. The total exploration budget for the region is least $15-million for 2007. 

Indicator Minerals has encouraging diamond counts from an area only a short distance from the community.  A 25.5 kg kimberlite float sample from the 2006 field season recovered 176 diamonds. 

While Indicator has yet to find the source of the boulder, the company has started a $1-million exploration program on the Barrow property and will drill test the best geophysical targets defined in 2005/2006.

Discovery Group is hosting its second seminar of the Educational Series meant to simplify the technical aspects of Mineral Exploration, which will give you the tools to read news releases, understand maps and fully evaluate what’s happening in this exciting sector. (more…)

15 new high priority airborne geophysical targets identified

VANCOUVER, BRITISH COLUMBIA–(MARKET WIRE)–Sep 12, 2006 — Indicator Minerals Inc. (TSX VENTURE:IME.V - News) announced today that a high-resolution helicopter airborne geophysical survey has identified 15 new high priority geophysical targets and that ground work has located a further 95 new kimberlite float occurrences.

To read the full release, click here.

Reaching new people through education.

Discovery Group’s Educational Series is a program that translates the technical aspects of Mineral Exploration by giving you the tools to read news releases, understand maps and fully evaluate the market.

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Vancouver, BC (August 4, 2006) — Indicator Minerals Inc. announced today the appointment of Stuart Peterson, CA as the new chief financial officer for the company, effective August 7, 2006. (more…)