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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST

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To: Drake who wrote (274)8/7/1999 8:37:00 PM
From: Chuca Marsh  Read Replies (1) of 407
 
I dunno:
newblueribbon.com
Pelican Mtn - Calling Lake:
newblueribbon.com
The IMAGE ( Map ):
newblueribbon.com
but the PP to pay for the Drilling was ONLY completed on 7 July 99:
Pelican Mountains Block - Calling Lake
The Pelican Mountains block comprises 450,000 acres and is located 90 km north of the town of Athabasca in north central Alberta. The block is underlain by the Buffalo Head Craton. The recent success of Ashton Mines and Kennecott in their discovery of Diamondiferous Kimberlite pipes has demonstrated the potential of the Buffalo Head Craton to host primary diamond deposits. Infrastructure in this area is considered excellent and the property is road accessible year-round.

The recent discovery of a macrodiamond in the Calling Lake area indicates this area exhibits excellent potential for a major discovery. The Pelican Montain block is located contiguous and up ice of the macrodiamond discovery. Recent analysis of diamond indicator samples by the Alberta Geological Survey identified, among others, two anomalous sites within the immediate vicinity of the properties. Till sample NAT-95-129 (Pelican Mountains), a few hundred metres north of the Pelican Mountains property contained G1 and G10 garnets, while till sample NAT 95-126 (Calling River), 25 km southeast of the Pelican Mountains property contained G2, G5, G7, and G11 garnets. These indicator minerals are likely sourced locally within the immediate vicinity of NBL's Pelican Mountain properties, and provide evidence of potential diamond bearing Kimberlite pipes.

The Geological Survey of Canada (1952) aeromagnetic survey map for the area covering the Pelican Mountains and Sandy Lake properties shows at least fourteen circular to elliptical one or two line magnetic anomalies which follow a northwesterly trend. At least seven magnetic anomalies lie within the property boundaries, they are approximately 500 - 1000 metres in diameter, and have amplitudes between 1,300 - 1,580 nT. Furthermore, drift thickness within the area of the Pelican Mountains varies from bedrock exposure to only a few tens of metres.

A 200 metre line spaced high-resolution aeromagnetic survey is planned for the first quarter of 1999.




I like THIS one also:
newblueribbon.com
Little Legend Property
The Little Legend Property encompasses 23,040 acres and is located within the central portions of Montello's Legend property along the southern part of Birch Mountains in northeastern Alberta. The property is in the middle of a diamondiferous Kimberlite field recently discovered by the Montello-Redwood-Kennecott joint-venture. So far, several Kimberlite Pipes have been discovered within close proximity and surrounding the property's boundaries.

The property is less than 40 km north of the axial trace of the Peace River Arch (PRA). Regional scale structures such as the PRA are likely to preserve mantle-roots and provide suitable conduits for Kimberlite emplacement. The PRA and associated zones of structural weakness may have played an important role in the emplacement of the Buffalo Head, Legend, and Mountain Lake Kimberlites.

High-resolution aeromagnetic data on the Little Legend shows a number of discrete anomalies on the property, similar to those found in the immediate vicinity.

A ground based magnetic survey designed to prioritize drill targets for drilling in the new year is currently in progress.
Chucka
( Soon I guess! But...sometimes is it is too muddy they wait for a freez over in Sept..or Oct!)
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