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Gold/Mining/Energy : Montello Resources

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To: MrsNose who wrote (2834)11/12/1998 4:34:00 PM
From: JP  Read Replies (1) of 4256
 
The caustic results on the four other kimberlite holes will come from the lab over the next weeks and months. MEO has two more targets to drill before the Dec 1 shutdown and they will be back drilling right after new year. I posted this a couple of weeks back so it shouldn't be big news.

Three of the diamonds that were found were clear, one was light brown and one was grey.

Kennecott feel that they presently have 30 -50 pipes on the Legend property and they are refining this and feel that they could easily have a lot more.

If they are similar to Ashton ratios -this mean that MEO could have 24 to 40 diamondiferous pipes.

ACA rumours are saying that K14 is the best counts yet.

Sit tight - the ride will be a fast one once it starts going.:) JP
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