From the Previous wire:
Although the numbers of diamonds are no match, the diamond size distribution of the AV-1 sample compares well with the results obtained by Diamondex Resources from a northern extension of the main Snap Lake dike, a deposit that is now being developed by De Beers. Diamondex processed just 56.5 kilograms of rock, but it recovered 346 diamonds, or about 6,000 stones per tonne. Of those, 65 were large enough to remain on a 0.3-millimetre screen, which worked out to about 1,150 stones per tonne, representing about 19 per cent of the parcel. That proportion dropped to about 9 per cent using a 0.425-millimetre screen, and to 2 per cent using a 0.85-millimetre cutoff. Based on those recoveries, the AV-1 sample had a more favourable diamond size distribution than the Snap Lake sample obtained by Diamondex, which seemed representative of the dike as a whole. That is clearly encouraging, but Snap Lake had much higher numbers of diamonds than AV-1. The Snap Lake sample contained about 120 stones per tonne larger than the 0.85-millimetre mesh, which was triple what the AV-1 batch produced. All of the samples are too small to provide more than some early clues about the diamond content of AV-1, but still, the initial numbers appear encouraging.
wwwa.stockwatch.com
Will - Thanks for directing me to you last wire. Another fine piece of reporting.
If I remember correctly the Snap lake kimberlite was close to 2 ct/Ton. Bodes well for the SWY Aviat play.
It would be nice to see similar results from Churchill! Two weeks away.
stornowaydiamonds.com |
