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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Wally B who wrote (420)4/5/1998 12:58:00 AM
From: bill  Read Replies (1) of 2514
 
NOt sure what's happening with SI. I've now tried to post this
message twice with no luck.

Yes, of course, that could very well be what is going on. If MMU
has found a kimberlite pipe, then they should be able to establish
an aeromagnetic signature. Having done that, and operating on the
assumption that kimberlite pipes in the same area will have similar
signatures, it would make sense for them to fly tight grids looking
for such signatures. They'd be in a good position to negotiate
a deal with their partners and others. "You've got the property
but we've got the key."

Let's hope that's the case. An NR next week should confirm the
hypothesis.

A caution I'd throw in is this: when DMM found its pipes, there was
a great many attempts to locate them and to identify their signatures.
The same was true when ABZ found its pipes. The problem is, of course,
that the South African, Australian and even Russian signatures don't
seem to be much help. The head of WSP's program is a Russian and
he says that Snap Lake is going to result in a lot of rewriting of
diamond geology. If you want to read about an exercise in frustration,
read the WSP thread. Diamonds everywhere, kimberlite everywhere,
dykes everywhere, but no bloody pipe. MEO and NCS have just spent
a lot of money in Ablerta. No pipes.

In the NWT you have indicator mineral trails. They help but they
also confuse. GGL has indicators minerals all over their property.
No pipe.

In Alberta overburden. As well, the rock sometimes hosts minerals
that create anomolies. But no kimberlite.

So, if you are right and if they've got a pipe, figured out the
signature and are doing the tight grids because we know that pipes
come in clusters, then yahoo!!
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