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Gold/Mining/Energy : NWT Diamond Stocks for 1999
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To: Rocket Red who wrote (32)1/19/1999 8:53:00 PM
From: freddy  Read Replies (1) of 62
 
I'll add INTERTECH MINERALS IN here for discussion purposes,They just completed their J.V. agreement with KENNECOTT after much labour over the legals.Well positioned ground just east of Diamets southern block.Drilled diamondiferous kimberlite [I think in early '97]Cypango was trying to earn in and ran out of money.There was never any follow up on the property until now.The kimberlite has since been dated at 73 million years.
Intertech flew the ground feb. 98, MAG.+ E.M.,75 meter spacing,showed it to Kennecott and the deal was done.
A spur off the winter road will be pushed thru in early feb. camp to be set up,some ground geophysics and drilling in march.
approx. 70 targets identified by kennecott,8=high priority[90%+ chance of kim.],17=medium [40%+].
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