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Gold/Mining/Energy : BANDORE

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To: MrsNose who wrote (1685)6/4/2001 6:51:06 PM
From: don jackson  Read Replies (1) of 1692
 
GQ Diamond Discovery Expanded

Band-Ore Resources reports that it has expanded the northwesterly
dimension of its Area E diamond bearing diatreme breccia on the
GQ Property 20 km north of Wawa, Ontario. The company also
reports that it has received significant diamond results from
small, 24kg samples of bedrock from the Area E diatreme.

The extent of the Area E diatreme breccia, one of at least 5
separate diamond bearing areas on the GQ Property, has been
significantly expanded by the discovery of numerous boulders and
sub-outcrop at least 300 meters to the northwest of the latest
sampling and trenching. The Area E diatreme breccia has been
exposed over a horizontal width of at least 80 meters. The
diatreme breccia appears to be oriented more or less parallel to
the enclosing Archean volcanic rocks that strike north-westerly
and dip 30 degrees to the northeast. The additional sub-crop and
angular boulders indicate that the breccia extends for at least
700 meters.

The company has received the results of caustic fusion processing
for microdiamond analysis for three additional samples in the
vicinity of Area E. All of the 24 kg samples returned both
microdiamonds and macrodiamonds (at least one dimension greater
than 0.5mm). Sample 51265 from the Area E diatreme contained 116
macrodiamonds and 2119 microdiamonds, the most macrodiamonds
recovered from any sample processed to date. The largest
macrodiamond measured 1.38mm x .76mm x .60mm and 6 other
macrodiamonds were greater than 1mm in size.

Additional sampling is underway. The Company expects to complete
additional geological mapping, prospecting, diamond drilling and
sampling on the Area E diatreme and other coarse breccias not yet
fully evaluated elsewhere on the GQ Property.

The following table summarizes the results of the three samples.

Sample No. Weight (kg.) Macrodiamonds Microdiamonds
51261 24 7 124
51262 24 8 692
51263 24 PENDING PENDING
51264 24 PENDING PENDING
51265 24 116 2128

In late May the company extracted and shipped a 12,000kg (12
tonne) sample of diatreme breccia from Area E to Saskatchewan
Research Council for processing and macrodiamond recovery. The
process used for the recovery of diamonds is set up to recover
only those diamonds with at least two dimensions greater than
0.85mm. The sample is first crushed and screened, with the
material less than .85mm being separated. The +0.85mm fraction is
then passed through a jig process with the heavier minerals,
including diamonds, collected. The resultant concentrate is then
processed by caustic fusion. The fused concentrate is then
examined under a microscope for diamonds and the diamonds
recovered are measured and described. Only those diamonds with
two dimensions greater than 0.85mm are recovered versus caustic
fusion for microdiamond recovery where all size fractions larger
than 0.15mm are recovered. The sample size, while insufficient
for the purpose of determining the grade of the Area E diatreme
breccia is expected to aid the company in determining the upward
continuity of the diamond size distribution. It is anticipated
that some diamonds in the 0.85 to 3mm range will be recovered
from the 12,000 kg sample. The Company expects to receive the
results of this test around the middle of June.
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