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International Samuel Exploration Corp. is a Canadian exploration company actively exploring for base and precious metals in the Reed Lake District of Manitoba and for diamonds in the Canadian Arctic. The Company has 2 key projects that it is currently focusing on. The Company’s mission is to fund the exploration and development of these projects to enhance shareholder value.
In May 2008, VMS Ventures announced a drill intersection of 18.99 metres of 7.10% copper and 0.17% zinc. International Samuel is in the enviable position of holding a 50% interest in mineral licenses comprising approximately 80915.27 hectares (196,946 acres) that is contiguous to the south, north, and west of the VMS Ventures property.
International Samuel Exploration Corp. is also participating in the ongoing race to find diamonds in northern Canada. The Company is playing an important role in keeping Canada in the international spotlight for diamond discoveries. The Company recently entered into a joint venture agreement with Diamonds North Resources Ltd., earning a 30% interest in the one million acre Ualliq project. This exciting property is largely located within the western portion of the kimberlite-bearing Amaruk property in the Pelly Bay region of Nunavut, Canada’s newest diamond district. Recent kimberlite discoveries on the Amaruk project have yielded very encouraging diamond counts and excellent diamond characteristics.
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