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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT

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To: Ed Pakstas who started this subject	1/6/2002 6:41:06 PM
From: VAUGHN	Read Replies (2) of 930

Hello Ed Long time no chat. While saving a little for SVB, I am placing the majority of my speculative money on TWG. Jackson Inlet has some large pipes, only preliminary sampling of a few so far and there are at least 12 yet untested. Some are large and unlike Alberta & Saskatchewan there's no 100m of overburden to strip away/pay for nor lakes to drain or dam like Lac de Gras/Kenady. Geochemistry is exceptional and while its very early days, the few tested pipes initially appear to contain above average quality and size goods! Lakefield Research is expected to report last year's recoveries in February and a significant field program is planned in 2002. Ore to waste ratios should be at least four times better than Ekati & Diavik and bulk tide water resupply is 12 km away. Wall rock is limestone not granite and pipes tested so far appear to be tuffacious and diatrem kimberlite almost untirely unerroded. There are no caribou, muskox, DFO or bird nesting concerns as near as I can tell as reserved lands are already identified and not in the area. The aforementioned combined with Nanasivik closing nearby should result in construction/operating/mining costs that are considerably lower than Lac de Gras, therefore grades can be much lower while still being economic. If the above are confirmed as I suspect they will over the next few years, Jackson Inlet would initially appear to have the very real potential of being highly profitable, even if CPT are significantly lower than Lac de Gras grades (which are extraordinary by world standards). The 15 hectare Freighttrain pipe alone should contain more tonnage than Ekati required before mine development was approved (66mt), two times more than Kenady (40mt) and probably three times more than Diavik required (25mt). Check out the TWG's web site and take a look at a few recent posts on the SUF and ACA threads that provide additional information/links. Have a good year. Regards Vaughn

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