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Gold/Mining/Energy : MPVIF Mountain Province Mining
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To: ALLANM who wrote (672)3/25/1998 9:58:00 PM
From: Gabriela Neri  Read Replies (1) of 2577
 
Whether or not fancies were found is , in my opinion, not highly relevant. We are dealing with a potential of between 45 to 50 million tons of diamondiferous kimberlite in the 4 known pipes. The bulk sampling will go a long way in determining ore grade and diamond valuation. 50 tons of kimberlite is being extracted from each pipe as we speak. This information is what is relevant in determining the economic viability of the four pipes. If coloured stones were found and exist, great. But, it is not the main show. Of course, the blue sky potential is also relevant, as exploration drilling is due to commence within days. Get serious.
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