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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: Mike Smillie who wrote (965)1/18/1998 11:20:00 PM
From: saul mikaliukas  Read Replies (1) of 5206
 
Thanks Mike For The Url ...Something to Consider...About the
Doctor.....

He stated in the letter " On average, about 10% contain diamonds in economic quantities. Diamond-bearing kimberlites with grades better than 0.1 carat/tonne are extremely rare. Presently about 30 major kimberlites are being mined world-wide."

The following was taken from Kensington's March 5, 1997 Press Release on
Dr. Luc Rombout's analysis on the 1996 FALC Project Results

Conclusions drawn by the Company from the Fort a la Corne Diamond Project drilling results are summarized below:

1.Several kimberlite bodies are clearly stratified and certain zones may contain potentially economic diamond concentrations. Also, a number of kimberlite bodies have insufficient samples to determine whether or not they might contain higher grade diamond zones.

2.The large size of several kimberlite bodies at Fort a la Corne increases the potential for any higher grade zones to be mined economically.

3.Diamond values are, in general, significantly higher than previously thought and several kimberlite bodies examined could have the potential to contain larger and better quality stones than those recovered to date.

Something to Think About??????????

Best Regards to All!!!!
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