What does this mean? Is the guy saying "upside down"? Does it mean that a surface showing would cone out as one went deeper? Is he thinking upside down, sideways or what. If upside down, would it be indicated through technical equipment below surface before drilling? How would this effect staking, if it cones out as one goes deeper, could adjacent ground with no indications of kimberlite turn out to be very valuable as future mining operations drift out on to adjacent property underground? Is this "new theory" causing a staking shakeup in the area?
........Pele Mountain Resources Inc. ("Pele") announced that a model has been advanced to explain the emplacement of macro diamond - bearing rocks at Pele's Festival Property, 25 kms north of Wawa, where Pele controls a 100% interest in the mineral rights. The model is formulated by Dr. Edward Walker, of PetroLogic Inc., an independent geologist, mineralogist and expert in the genesis of non-kimberlite diamond occurrences. Based on Dr. Walker's field examinations, mineralogical analysis and compilation of published and unpublished work, the Destiny and P.C. Showings are believed to be overturned diatremes that were explosively emplaced into the Archean country rocks approximately 2.7 billion years ago. |
