Subject: Diamond Exploration Discussion Date: Sept 29/98 From: Len Hynes To: Bill Shugarue and CopperHill Corp. Followers
Hi Bill et al.;
Investors following the Western Greenland diamond play which currently involves such companies as Aber, DiaMet, Platinova, Lexam, Fjiordland, DeBeers and others, have a new and exciting company to watch...CopperHill Corporation.
CopperHill has 5 prospective diamond properties situated in the northernmost part of Labrador , and 2 properties in the North West Territories, which together host a total of 8 ultramafic lamprophyre dykes. For the past two years, the company has been actively,but quietly engaged in exploring these properties. These dykes were staked because of their strategic location between the known diamond discoveries in North-Eastern Quebec (Digonnet et al.1997 reported finding a gem quality macro-diamond within one of the Ungava Bay properties), and Western Greenland. Digonnet et. al. concluded from their extensive research that there was "a large scale kimberlitic province near the different shear zones in North-Eastern Quebec, Northern Labrador, and South-West Greenland.
Yesterday's press release, available at copperhillcorp.com shows that the company has been actively pursuing exploration in an effort to prove up the prospectivity of these properties.The ultramafic dykes in both Greenland and North-Eastern Quebec have proven to be diamondiferous, and with CopperHill's properties "wedged between" these two areas of similar geology, the potential of one or more of the company's dykes to host diamonds is excellent.Investors new to the geologic history of this area need to be aware that Northern Labrador was once physically joined to Western Greenland, but is now separated by the Davis Strait.
While the West Greenland diamond play is still in its infancy stage, there are many companies conducting exploration programs, and many investors are anticipating that we will soon hear of additional discoveries of diamonds in the area.Newsletter writer Bob Bishop is among the many investors looking to the West Greenland play to be a potentially rewarding investment opportunity.
Once investors recognize the geological link between West Greenland and Northern Labrador(both areas are part of the North Atlantic Craton), and begin to view both areas with similar reward potential, CopperHill Corporation, with its 8 strategically located ultramafic dykes, will quickly become one of the most closely watched companies in the region.
Investors wishing to take a closer look at this company's choice properties in the diamond play, or to look at it's many other properties, are invited to visit the company's website at: copperhillcorp.com. CopperHill trades on the Canadian Dealing Network with the symbol CUHL. |