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Gold/Mining/Energy : Winspear Resources

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To: George J. Tromp who wrote (6409)6/25/1998 7:15:00 PM
From: The Fix   of 26850
 
Just Received ABERS Interim Report. This is what they say about WSP!

Camsell Lake NWT Diamond Project
(3 million budget for 1998)

On the Haywood block, no new kimberlite pipe were identified but dike-like kimberlite intercepts up to five metres thick were encountered under Snap Lake. Caustic Fushion results are pending, as results from the processing of two 100-tonne samples of kimberlite sill material extracted from trenches near Snap Lake. A $500,000 sampling program will commence in July. As Aber is not contributing to the 2.7 Mil Haywood budget for 1998, our interest in the block will be diluted to aprox. 32% from 42.7%. On the Athenia Block, Drilling encountered no Kimberlites, Aber maintained its 45% interest by participating in the $330,000 Athenia program.

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