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Gold/Mining/Energy : Lytton Minerals
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To: Jeffrey J. Lockwood who wrote (41)9/23/1998 4:52:00 PM
From: .Trev  Read Replies (1) of 92
 
Well Jeffrey for what it's worth here it is at last. Thank goodness a new season of exploration is getting underway under the returned to power old management. Miller, Laing and cronies frittered away a whole year and lots of money as far as I can see.

Results from JD-3 kimberlite test sampleÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Lytton Minerals Ltdÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ LTL
Shares issued 111,960,267ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Sep 22 close $0.21
Wed 23 Sept 98ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ News Release
Also New Indigo Resources Inc (NDR)
Mr. Grant Ewing reports
Lytton Minerals Limited and joint venture partner New Indigo Resources have
completedÿ processingÿ theÿ testÿ sampleÿ fromÿ the JD-3 kimberlite pipe, 7
kilometres west of the JD-1 pipe in the central area of the Jericho diamond
project.
The 35.9 tonne test sample extracted from the JD-3 kimberlite pipe returned
a total of 10.41 carats for an overall grade of 0.29 carats per tonne. This
is similar to the grade reported from the previous 10.5 tonne sampleÿ (0.25
carats per tonne using a 1mm square screen cut off) if the single large 3.6
carat stone is excluded fromÿ theÿ calculation.ÿ Aÿ totalÿ ofÿ 13ÿ diamonds
weighing 0.1 carats or above were recovered from the latest 35.9 tonne test
sample, and the two largest diamonds weighed 1.18 caratsÿ andÿ 0.75ÿ carats
respectively. The kimberlite was extracted with a reverse circulation drill
(32.8 tonnes) and a diamond drill (3.1 tonnes). Aÿ 1mmÿ squareÿ screenÿ was
used for the bottom cut off size.
Lytton and New Indigo have no immediate plans toÿ evaluateÿ theÿ JD-3ÿ pipe
furtherÿ atÿ this time. However, recent geophysical data interpretation and
mineral indicator train analysis indicate that additional kimberlite bodies
are likely to exist in the immediate area of the JD-3 pipe. Future programs
will include extensive exploration activities in this area.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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