SouthernEra Resources Limited -
Kalahari and SouthernEra NWT exploration progress
SouthernEra Resources Limited SUF
Shares issued 27,766,645 2000-01-31 close $1.82
Tuesday Feb 1 2000
See Kalahari Resources Inc (KLA) News Release
Mr. Albert Applegath reports
Kalahari Resources has received the following update from its joint venture partner, SouthernEra Resources (geologist and exploration manager, North and South America, Howard Bird).
Back Lake project, Northwest Territories
1. North Margaret Lake kimberlitic indicator train
During 1999, 40 till samples were collected from the north Margaret Lake kimberlite indicator train to further define the indicator train and establish an up-ice cutoff point. The indicator train is approximately 300 metres wide by 7,000 metres in length, with samples returning up to 159 kimberlitic indicators. The 1999 till sample results suggest that an up-ice cutoff point has possibly been defined and the primary kimberlitic source could occur within a one-kilometre square area. Further exploration should include completing a ground geophysical survey to define targets that are indicative of a kimberlite pipe intrusion followed by drill testing.
2. Margaret Lake kimberlitic mineral indicator train
To date, a two-kilometre wide kimberlite mineral indicator train has been defined on the western shore of Margaret Lake. Approximately 20 per cent of the pyrope garnets are G10s, suggesting that the host kimberlite should be diamondiferous. Sampling results suggest that the kimberlite source to the indicators may be a dyke-like body. During spring, 1999, till samples were collected from the bottom of Margaret Lake to define and locate the up-ice cutoff point to the train. A 100-metre spaced line of till samples were collected between 500 metres to 1,500 metres offshore using a sonic drill.
The sonic drilling till sample results suggest that the primary kimberlite source to the indicator train could occur within 1,500 metres of the shoreline. It is suggested that a drilling program be completed to test the area.
3. Munn Lake kimberlitic indicator train
During 1999, the Munn Lake kimberlite sill was discovered up-ice of the Munn Lake kimberlitic indicator mineral train. More than 40 per cent of the pyrope garnets in the indicator train are G10s. A comparison of the ilmenites recovered from the Munn Lake kimberlite body and the till sample ilmenites suggest that there could be more than one kimberlite source in Munn Lake.
Two topographic depressions (bathymetry lows), and subtle geophysical targets indicative of kimberlite pipe intrusions, occurring within the kimberlite sill area, remain to be tested. A drilling program to test those features is recommended.
MacKay Lake project, Northwest Territories
A total of eight till samples were collected during 1999 within a southwestern shoreline area of Munn Lake to follow up on previous sampling results in an area that returned a high count of kimberlitic indicators.
Six of the eight till samples returned indicators and at this point it is inconclusive whether the source of the indicators are from the Munn Lake kimberlite sill located 11 kilometres up-ice of the sample area.
Upon receipt of the indicator mineral probe chemistry results from the laboratory, a comparison between the kimberlite sill and the till sample indicators will be completed to determine their relationship.
Conclusion
There are both defined and/or potential kimberlitic drill targets in the four project areas.
Subject to new financing and regulatory approval, it is planned to be in camp on the shore of Munn Lake for phase two exploration in early March.
Approximately $7.5-million (Canadian) has been spent on the Back Lake project since 1994.
Kalahari is looking for a diamond discovery in a new diamondiferous belt (the Winspear-Aber-Mountain Province-De Beers discoveries are by the company's neighbours adjoining to the south).
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com
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