HI George
Found this on the Ontario Gov web page page.
The last sentence is very interesting....
The 2 companies they talk of finding kimberlites are Spider resources SPQ and Canabrava CNB. In their annual report CNB has a picture of the kimberlite on the surface. CNB should be having some drill results very soon. They started drilling June 1
Thanks for all the great info in this thread
EDITORIAL
Ministry of Northern Development and Mines
July 30, 1998
Diamonds in the rough
By Chris Hodgson
Minister of Northern Development and Mines
In the early 1990s, prospector Mickey Clement found three unusual pebbles while
panning for gold in the Wawa area. Ultimately, the strange pebbles proved to be
industrial grade diamonds.
The exciting find prompted extensive geoscientific research in the area by the Ministry of
Northern Development and Mines' Ontario Geological Survey. Our geologists proved
the existence of a number of kimberlite indicator minerals, the largest of which is the
Trout Creek Basin south of Wawa. Kimberlite may contain diamonds. Their reports
became one of the first publicly available documents relating to diamond exploration in
Ontario.
The Ministry's work helped spark an explosion in exploration activity in the Wawa area
that continues to this day. Ontario is host to three diamond plays. In addition to Wawa,
mineral exploration companies have been combing the Attiwapiskat and Kirkland Lakes
for kimberlites.
In fact, since our work was undertaken in Wawa, exploration for diamonds throughout
Ontario has increased significantly. In 1991, more than $1 million was spent by
companies on diamond exploration. By 1995, they had spent more than $5 million.
That is part of an overall and unprecedented surge in mineral exploration in Ontario.
New mine operations are coming on-line throughout the province, and exploration
activities and expenditures have hit new highs. The number of active claims in Ontario
has risen to more than 183,000 - the highest levels ever. In 1993, companies spent
about $67 million on exploration work. By last year, more than $158 million was
invested in exploration.
Over the last two years, your provincial government has been working diligently to
improve the investment climate for mineral development in Ontario. We have reformed
taxes, slashed red tape and focused our ministry's Mines and Minerals Division on two
core businesses - the fair administration of the mining act and the provision of Ontario's
geological data and mapping.
We have rekindled the mining industry's confidence in this province as a good place to
invest. Mining companies have demonstrated their faith by investing hundreds of millions
of dollars throughout Ontario, expanding existing operations and opening new ones.
Mineral exploration firms continue searching for diamonds in Ontario. The results have
been encouraging. Recently, at least two companies have announced the discovery of
kimberlites. What started literally as a "flash in the pan" has sparked significant
exploration activity. Ontario's first diamond mine is a real possibility.
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