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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jrhana who wrote (13710)7/9/2003 11:03:15 PM
From: loantech  Read Replies (1) of 39344
 
jr,
Will look at all sides there is mention on their website of diamonds but not that they have found any.

500,000-acre Area of Mutual Interest

The Committee Bay Greenstone Belt is believed to represent one of the largest unexplored greenstone belts in North America with world-class gold potential. CBR holds approximately 500,000 acres of land with prospective geology in the Committee Bay area west of Melville Peninsula, Nunavut, which will form the Area of Mutual Interest for the Joint Venture. Exploration performed by the company over the past 10 years has led to the discovery of more than 45 gold occurrences distributed across the entire 300 km length of the belt. <<<In addition to its gold potential, the Committee Bay belt is also situated in the same general region as the developing diamond play currently being explored by Northern Empire Minerals Ltd., Stornoway Ventures Ltd., BHP-Billiton and De Beers. Planning is in progress to conduct at minimum a $1.2 million exploration program comprising airborne AEM geophysical surveying, regional diamond indicator sampling,>>>>rock sampling, gold occurrence prioritization and diamond drilling.

There are you happy now??? <g>
tom
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