Otish Mountain Diamond Company, Inc., an American diamond exploration company with rights to 75,000 acres of mining claims for diamond exploration activities located in Northern Quebec, Canada, announces encouraging results in the executed high-resolution airborne magnetic survey on all staked mining claims.
The Company is in its exploration stage and has conducted airborne magnetic surveys over the 75,000 acres of Otish Mountain claims. Approximately 30 geophysical anomalies have been identified and ground samples are expected to be taken during the summer of 2004. The samples will be further tested for micro-diamond content in laboratories associated with the project.
Max Pozzoni, President and CEO of Otish Mountain Diamond Company commented, “This is the first and most crucial step in our exploration program. By carrying out these aerial high-resolution magnetic surveys, we are one step closer to realizing the full potential of our properties. These findings are very exciting and we anticipate much more to come with the results from our ground sampling program.”