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Gold/Mining/Energy : Caldara's Diamond CDR,M
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To: chevalier who wrote (231)8/5/1998 8:15:00 AM
From: Peter Bourgeois  Read Replies (1) of 303
 
Hi Ari

I have only a limited knowledge of Diamond exploration but my understanding is, that the only way to determine if a target is commercially viable is to drill in order to ascertain the depth of the kimberlite. Surface bulk sampling would give a good indication of the carats per ton. Drilling would confirm the depth and determine if the pipe was valuable enough to mine.

Diamonds have been found on the property (a couple of macro,s and some g9,s and g10,s highlighted on previous News Releases) therefore we know that there must be more. The trick now is to find enough to build a mine.

Judging from some of the other Diamond explorers I follow, finding a commercially viable pipe is not an easy task, especially when one considers how big the area Caldera is prospecting. It is like finding a needle in a hay stack. Other companies have found those needles, here is hoping that Caldera finds it as well.

Cheers !!! Peter
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