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Gold/Mining/Energy : Canabrava Diamond

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To: 1st.mate who wrote (2217)2/10/2001 12:11:40 PM
From: Gord Bolton   of 2402
 
The Superior Craton has recently become a focus for new diamond
exploration in Canada, following the news that Monopros (the
Canadian arm of De Beers) commenced a 10,000 tonne bulk sampling
program on the diamondiferous Victor pipe in early January 2000.
The 18-hectare Victor kimberlite is the largest of 16 pipes that
comprise the Attawapiskat cluster. Published reports confirm that
14 of these pipes are diamondiferous.


Canabrava and Navigator have acquired over 1,000 claims in the
area immediately adjacent to the Attawapiskat kimberlites,
covering more than 30 circular airborne magnetic anomalies
identified from a regional magnetic dataset. In addition, five
high interest magnetic anomalies have been identified and staked
in an adjacent area. The next stage of exploration on the Severn
Project will include detailed airborne geophysical surveying of
the claimed areas.

Preliminary results for the 204 samples collected in Canabrava's
1999 reconnaissance sampling program have recently been received,
and results are positive beyond expectation. The program was
designed to test an extensive area of prospective terrain on the
Superior Craton by careful consideration of the sampling medium in
relation to the regional glacial geology. Abundant kimberlite
indicator minerals including pyrope garnet, chromite,
picro-ilmenite, chrome diopside and olivine, have been recovered.
Analysis of results is ongoing.

www2.cdn-news.com

When you eat your smarties, do you eat the red ones first?
When you drill your pipes, do you drill the best ones first?
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