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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: Henry Hooymans who wrote (1446)3/30/1998 10:08:00 AM
From: Kidman   of 5206
 
Morning Henry,

I have seen this before. I got the same story when
I called Cameco a little while back. They were not able however
to comment on the 1998 drilling program then. I guess they will
not be in this year (one for Buddy).

As has been mentioned by Buddy before (CONFIRMED by this
release kensington-resources.com
we have large kimberlites at FALC. They have certain regions
of higher concentrations than others. Cameco has based their
findings on the entire kimberlite which dramatically reduces
the grades (which one would expect). Our kimberlites are however
considerably larger than world average and I believe zonal
variations might still prove economic.

Please keep in mind the above news release is extrapolating
macro grades based on micro evaluations. We are still waiting for
the official count.

Good Luck everyone.

Kidman.
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