Band-Ore Resources Ltd.: 1721 Diamonds Recovered From
'Rainbow Zone' Mini-Bulk Sampling To Commence
BURLINGTON, ONTARIO--Caustic fusion and diamond recovery
processing has now been completed by Kennecott on 7 recently
sampled outcrop (and/or mechanically stripped) areas of
heterolithic breccias (see press release dated September 25,
2002). Six of the seven new areas on the GQ property, located 20
km north of Wawa, Ontario, were found to be diamondiferous.
The most significant result is from a 54 kilogram saw-cut channel
sample taken from a new area called the "Rainbow Zone". A total
of 1721 diamonds were recovered, of which 21 diamonds measured
larger than 0.5 mm in two directions (diamonds which remained on
the 0.5 mm sieve). The majority of the diamonds recovered from
the Rainbow Zone are described as white octahedrons.
Another new area of heterolithic breccia, Area SE-F, returned 56
diamonds from a 40.7 kg channel sample including 3 diamonds of
which remained on the 0.5 mm screen. Two other significantly
diamondiferous areas include JR-27 and New-B. Channel samples
weighing 69 kg collected from JR-27 returned 25 diamonds, and 16
diamonds were recovered from a 50.6 kg sample from New-B. Several
channel samples remain to be processed.
/T/
Diamond counts including sieve size data is given in the table below:
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Number of Diamonds per Sieve Size Fraction in Microns
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Areas Sample +150 +212 +300 +425 +500 +600 Total
Weight Sieve Sieve Sieve Sieve Sieve Sieve Diamonds
(Kg) Size Size Size Size Size Size Recovered
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RAINBOW 54.18 1059 486 134 21 17 4 1721
ZONE
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SE-F 40.7 28 22 3 1 2 56
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JR-27 68.96 19 6 25
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NEW-B* 50.06 8 6 1 1 16
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D-E* 53.24 1 1 2
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JR-14* 51.8 1 1
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* partial results
/T/
Based on the encouraging diamond results received from the GQ
property, a program of mini-bulk sampling is scheduled to
commence immediately. Samples weighing 10 to 30 tonnes each will
be collected from different areas of diamondiferous heterolithic
breccia and will be processed by Kennecott using Dense Media
Separation (DMS). Detailed mapping and additional sampling will
be conducted in the new diamondiferous areas including the
Rainbow Zone.
THIS PRESS RELEASE WAS PREPARED BY BAND-ORE RESOURCES LTD.WHICH
ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. NO REGULATORY
AUTHORITIES OR SIMILAR BODY, HAVE APPROVED OR DISAPPROVED THE
INFORMATION CONTAINED HEREIN.
Safe Harbour - Certain statements in this document constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements of the Company, to be materially different from any
future results, performance or achievements expressed by such
forward-looking statements. Such factors include, among others,
exploration works as detailed within may not be continually
successful, that by virtue of exploration there is never a
guarantee of economic or profitable outcomes; that exploration
companies may have a history of operating losses and no guarantee
of future profitability, uncertainty of access to additional
capital, environmental liability claims and insurance; dependence
on and priority conflicts joint-venture partners; should the
company profiled herein seek such a partner. |
