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Gold/Mining/Energy : Winspear Resources

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To: gg cox who wrote (5662)	4/13/1998 9:25:00 PM
From: peter bullock	Read Replies (1) of 26850

Just a quick note to say that George is on the money as always. The 400 m step out drill hole that intersected the dike further down dip is exciting for several reasons. It would extend the dike to between 900 and 1000 meters allow for the 10 to 15% angle, which is close to double the estimate in quantity that I previously stated. It also indicates that the width is preserved as well, I believe that core encountered 2.8 meters of kimberlite. If Georges estimates as to gem quality is even half true, we can stop worrying about finding any pipes. This will make history as the richest resource in "de would". I requested some information from Winspear concerning the dike but didn't get a reply. If anyone knows, I'd wouldn't mind hearing. It is my understanding that the dike or sill strikes NW and dips 10 to 15 degrees in a easterly direction. It is open in three directions. Are either of the ends open in a terrestrial environment or is the dike under the lake. I also asked if they had an age of the rock and if they could make any whole rock analysis information available. Peter

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