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***NEWS RELEASE THIS AM*****
SOUTHERNERA RESOURCES LIMITED
- Production Commences 2nd March at Klipspringer
- Meinhardskraal Fissures Diamondiferous
TORONTO, March 6 /CNW/ - SouthernEra Resources Limited (SUF-TSE) is
pleased to announce that production at the new 100 tonne per hour dense medium
separation plant at its Klipspringer project commenced, on budget and on
schedule, on 2nd March, 1998. Production for the first 4 days was 40, 176, 256
and 296 carats, respectively. The average stone size for the production from
the Sugarbird blow is 0.38 carats per stone. The five largest gem stones
weighed 11.36, 10.97, 9.51, 8.36 and 7.65 carats, and the next 32 stones
averaged 4.16 carats per stone. Only a very small percentage of the stones is
of industrial quality.
SouthernEra today received results from a split core sample which
intersected two fissures on the farm Meinhardskraal, north of Marsfontein. The
first fissure had 9 microdiamonds in a 1.6kg sample which gives a normalized
weight of 3.48 million ochtacarats(x) per 50kg (70 carats per 100 tonnes). The
second parallel fissure, gave 4 microdiamonds from a 2.6kg sample, which gives
a normalized weight of 5.2 million ochtacarats per 50kg (104 carats per 100
tonnes). These results are very encouraging, but because of the very small
sample sizes, should be viewed with caution. Seven of the 13 diamonds are
white, 1 is grey and 5 are brown.
Kimberlite fissures on Meinhardskraal have now been drilled over a total
strike of 1.7 kilometres. It is planned to take a 20 - 50 tonne bulk sample
from the fissures over the next few days using an excavator. Elsewhere, an
accelerated exploration program is underway in our continuing efforts to
discover new kimberlites.
(x) An Ochtacarat equals 1 x 10(-8) carat.
Regards |
