Yeah that hurt, but this might help ease the pain!
Press Release Source: SouthernEra Diamonds Inc.
SouthernEra Diamonds Reports Discovery of New Diamondiferous Kimberlite and Microdiamond Results from its Lac de Gras Project, Northwest Territories, Canada
Thursday February 24, 11:06 am ET
Shares Issued and Outstanding: 86,633,701 TSX: SDM AIM: SRE
TORONTO, Feb. 24 /CNW/ - SouthernEra Diamonds Inc. (SDM: TSX, SRE: AIM) today reported the discovery of a new diamondiferous kimberlite and microdiamond results from the Company's 60 percent owned Lac de Gras X Claim Diamond Project in Canada's Northwest Territories, located 25 kilometers west of the Diavik Diamond Mine.
During 2004 at the Lac de Gras X Claims Project, a 824.7 meter diamond drilling program was completed to test selected high interest airborne targets and to re-test the known kimberlite pipe, EG02. The drilling program resulted in the discovery of a new diamondiferous kimberlite pipe, EG-01B. In drill hole LDG04-05, an -90 degree hole, kimberlite was intersected from 23.40 meters to 74.70 meters. The previously known pipe, EG02, was re-drilled and intersected kimberlite from 14.30 meters to 87.30 meters in drill hole LDG04-09, an -90 degree hole. Representative kimberlite samples from both pipes were sent for micro-diamond processing to the Saskatchewan Research Council Laboratory in Saskatoon. The results are presented in Table 1. |
