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Gold/Mining/Energy : Ascot Resources (V.AOT) THE NEXT BIG DIAMOND DISCOVERY???
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To: Paul Bilecki who wrote (7)9/7/1999 6:40:00 PM
From: kidl   of 17
 
Major General and Ascot drilling results
Major General Resources Ltd MGJ
Shares issued 39,262,163 Sep 3 close $0.18
Tue 7 Sept 99 News Release
Also Ascot Resources Ltd (AOT)
Mr. Clive Massey reports
Major General Resources and Ascot Resources Ltd. have released the following encouraging results from De Beers Laboratory in South Africa. Diamond recovery was by acid digestion of 418 kilograms of drill core from four holes drilled into the Snowy Owl kimberlite pipe in early 1999 and 20 kilograms of chips from the 1998 percussion drill program.
Total
Batch Samples Kg Diamonds

Can 99/127 8 (22 kg) 176 180

Can 99/128 4 (22 kg) 88 526

Can 99/129 7 (22 kg) 154 83

Can 99/101 1 (20 kg) 20 1
Total 20 438 790
Average 1.80 diamonds per kilogram.
Included in one 22-kilogram sample of Batch Can 99/128 results are 417 microdiamond fragments which De Beers Laboratory has commented may be the result of a larger stone being accidentally crushed. Using a square mesh sieve size, and excluding the fragments of sample Batch 99/128, four of the diamonds are macrodiamonds exceeding 0.5 of a millimetre.
Kimberlite drill core samples, from which these diamonds counts were determined, indicate that diamonds are distributed throughout the portion of the Snowy Owl kimberlite drilled to date to a maximum depth of 150 metres.
¸ Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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