Hi Steve, First of all, the kimberlite at Snap Lake is not a dyke. It forms a series of cone sheets (semi-circular, inward dipping, concentric sheets). They average about 2.6 meters in thickness and the radius is easily over 2.5 kilometers. The dip is consistently about 12 degrees. Use a rock density of 3 and calculate the tonnage. Then you can post back and say oops. Also, as these sheets were injected almost instantly, the grades should hold up and be very uniform. The stone size distribution appears similar to SUF's Klippspringer, however, the Snap Lake diamond is of much better quality as it is inclusion free and hence the higher valuations, and no doubt easier marketability. It is clear IMO that WSP has made THE DIAMOND DEPOSIT DISCOVERY in the NWT to date. IMO, Snap Lake will prove to be far more valuable than the Ekati or Diavik situations once it is "formally" recognized. However, I guess our diference in opinion is also what makes markets. I am a buyer and I assume you have or are selling.
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