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Gold/Mining/Energy : Winspear Resources

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To: marcos who wrote (13347)	1/26/1999 6:42:00 PM
From: E. Charters	Read Replies (1) of 26850

" - Normalized diamond abundance as estimated from caustic fusion results of drill core is approximately equal to or greater than normalized diamond abundance estimated from caustic fusion results obtained from kimberlite representative of Pits 1 and 2. " That is what they say when they didn't find any large diamonds and they don't have an grade figures to present after 8 months of promotion. Granted 1200 kilgrams of kimberlite is too small a sample to predict from. The facts are that microdiamond counts are not really correlatable with grade in any other kimberlite in the world. Small wonder they haven't been able to produce a factor. Micro diamonds do really appear to be a separate population from large diamonds. The chances of this survey finding a representative count of the diamonds over one carat according to their pit one and 2 figures was .115. That is one in ten. Bad odds. What is correlatable with grade is the nickel thermometry (trace element proton microprope.. Guelph does it) of the garnet population. I don't think they have thought of that. They haven't though of that because they don't know. Randy, phone Bill Griffin of CRA in Australia and pay him a few bucks and save your shareholder's asses. EC<:-}

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