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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Jesse who wrote (958)10/20/1998 9:25:00 PM
From: bill  Read Replies (2) of 2514
 
Jesse, What do you make of the fact that MEO couldn't find kimberlite on their own but once Kennecott was involved, they hit kimberlite
not once but three times in a row. One bullseye after another.
Sounds to me that Kennecott has the specs for identifying kimberlite.
I've said a number of times regarding the Alberta play that
ACA had developed a set of specs for identifying kimberlite.
That didn't give them guaranteed diamonds or commercial pipes
but it meant they weren't drilling country rock. I've asked before,
if ACA and now Kennecott, have figured out the key to identifying
kimberlite as opposed to the myriad results that mimic kimberlite
magnetics, is it not possible for the smaller companies in Alberta
to overfly the discovered pipes (now, especially, the MEO pipes)
get the aeromagnetic readings and see how they match anomolies
on their own properties. I realize the complexity in all this.
However, ACA and Kennecott seem to have cut through that complexity
to define kimberlite very accurately.
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