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Airborne magnetic data from Serra da Canastra diamondiferous province is used to identify possible kimberlite signatures. Serra da Canastra is located in the central portion of the Brazilian territory within a low magnetic latitude area. <br>The interpretation strategy was based on the joint analysis of analytic signal and Euler deconvolution. A selected kimberlite target should have a roughly circular analytical signal anomaly coincident with a depth (0 – 200 m) and structural (N=2) <br>constrained Euler solution. The proposed approach led to ecognition of previously known pipes and new targets were evidenced.