Ekati Diamond Mine and Stewart Blusson who had been prospecting in the region for almost ten years, having found kimberlite indicator minerals as early as 1985. The Point Lake kimberlite was determined to be uneconomic, but its discovery precipitated one of largest staking rushes in mining history, covering most of the area between Yellowknife and the Arctic coast. There are 156 known kimberlite pipes within the Ekati block of claims, including the Point Lake pipe. Ekati officially began operations on October 14, 1998, and was operated by BHP Billiton Canada Inc., a part of the BHP Billiton Group, the world's largest diversified resources
Tale of Ekati Tale of Ekati Tale of Ekati (foaled March 31, 2005]) is a retired Thoroughbred racehorse. The brown colt's sire is Tale of the Cat by leading sire Storm Cat. His dam, Silence Beauty (half sister to the champion mare Sky Beauty out of Maplejinksy), is by Sunday Silence. Tale of Ekati is owned by his breeder, Canadian geologist Charles E. Fipke and trained by Barclay Tagg who, in 2003, went two thirds of the way towards the Triple Crown with Funny Cide. At two, Tale of Ekati won the 2007 Belmont Futurity Stakes. At three he won the Jerome Handicap