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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Claude Cormier who wrote (3129)4/30/1999 6:00:00 AM
From: Paul Bilecki  Read Replies (1) of 7235
 
If it was a small dyke they would have moved on to Margaret..Thus it is at least a large and possible rich blow.

Just a guess, I believe it extends to the shore and may result in a land geophysics program this summer.. If this is the case, I see huge potential here, and the possibility this is a Monster Pipe at Munn Lake.

The first few holes could have been hitting the edge of this body, thus no large intersections, however, they are they still drilling to confirm what they think they have? This kimberlite is highly diamondiferous, high grade stuff.

If it does prove out, I see a takeover for IAR by Kennecot or Southernera to give them closer to 50% interest.

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