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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: gemsearcher who wrote (3658)6/11/1999 2:12:00 PM
From: Donald McRobb  Read Replies (1) of 7235
 


The Northern Miner Volume 85 Number 16 June 14-20, 1999

DIAMOND PAGE -- Kimberlite sill proves diamondiferous

Vancouver

Encouraging results are reported from the Munn Lake kimberlite sill discovery at the Back Lake project in the
Northwest Territories.

A 42-kg aggregate kimberlite sample collected from two core holes and one sonic drill hole yielded two macrodiamonds
and 12 micros. (A macro measures more than 0.5 mm in at least one dimension.) SouthernEra Resources (SUF-T) made the
find earlier this year while searching for the source of the diamond-bearing Yuryi kimberlite boulders, found near the
shoreline of Munn Lake. After narrowing down the source area in Munn Lake by completing 231 sonic drill holes (two of the
vertically drilled holes bottomed in kimberlite), the company followed-up with a 10-hole diamond drilling program. The
holes tested an area measuring 300 by 150 metres. Eight of the holes intersected a kimberlite sill with true widths ranging
from 0.25 to 12 metres. The three best intersections have true thicknesses of 12, 8 and 5 metres. The kimberlite sill dips
about 30¡ to the northeast and remains open along strike and downdip.

Plans are in the works to drill-test the northwestern and southeastern strike extensions of the kimberlite sill to determine if
the structure extends on to land.

SouthernEra holds a 70% interest in the Back Lake project, which is 100 km south of the Lac de Gras region. The remaining
interest is held on a carried basis by Kalahari Resources (KLA-V), with 19.38%, and Island-Arc Resources (IAR-V), with
10.62%. Kennecott Canada Exploration, a division of Rio Tinto (RTP-N), holds a back-in right to a 30% interest from
SouthernEra.

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