Hi Tomato,
Enjoyed reading your last post. Ha Ha, Hee, Hee!
I think if you changed the names and places you might have the defenses version of the polices O.J. Simpson conspiracy. That was quite a stretch as well.
I also find no evidence of conspiracy. And my thanks as always go to George, Bill, yourself and many others. Please everyone, keep up the posts.
For those of you that haven't seen it yet, heres the WSP release that came out after the market close. I subscribe to E. Charters e-mail service, so his comments are at the end...
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Winspear Resources Ltd.
Results on Camsell Lake Project
WSP/VSE
VANCOUVER, Feb. 24
Winspear Resources Ltd is pleased to report additional results arising
from work undertaken on the Camsell Lake project, NWT. The project
area is situated 140 miles northeast of Yellowknife and is a joint
venture between Winspear Resources Ltd.(57.5%) - the operator, and
Aber Resources Ltd. (42.5%).
During the 1996 spring drill program which was designed to test
geophysical targets underlying Snap Lake, four drill holes intersected
narrow dykes in the southeast part of Snap Lake that were identified as possible kimberlites. In the fall of 1996 after receiving confirmation from petrographic examination that these dykes were kimberlite, remaining dyke material was submitted for diamond analyses by caustic fusion. Results of these analyses have just been received and are summarized below.
1996 Drill Program - Snap Lake Dykes
Sample Sample Total Macros Diamonds Macros
Number Wt (kg) Diamonds / 10 kg / 10 kg
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62O05 2.6 5 2 19.2 7.7
62006 3.3 5 1 15.2 3.0
62006 1.8 0 0 0 0
62007 4.1 4 2 14.6 4.8
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Weighted
Ave. 12.2(16.3) 3.9(5.2)
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Notes:
1. A macro diamond has at least one dimension that exceeds 0.50 mm.
2. Weighted Ave. reports normalized diamond counts for all samples
followed in brackets by counts for the three diamond-bearing samples.
These results are extremely important because they document the
presence of kimberlite bedrock with a significant diamond content in
the Snap Lake area. Down-ice from these intersections and on the shore
of Snap Lake as previously-reported, an indicator mineral train occurs
from which 2 diamonds have been recovered.
The main focus of the 1997 spring program in the Snap Lake area is an
area about 9 square km mainly underlain by land and small lakes on the
northwest side of Snap Lake and about 3.5 km northwest of the
kimberlite dykes for which analyses are reported above. It is from this
area that significant results were reported at the end of the 1996
summer exploration season which include:
- Significant concentrations of pyrope and chromite.
- 20 diamonds recovered from till samples.
- Five separate locations of kimberlite boulders.
- 143 diamonds recovered from 34.1 kg representing parts of two
kimberlite boulders.
- 8 diamonds recovered from a 60 kg sample of "green clay".
>From an on-going review of all data obtained to date, the Operator
considers that the distribution of indicator minerals, diamonds and
kimberlite boulders points to several separate bedrock kimberlite
sources in the main area of interest.
In addition to these results and as previously reported, four diamonds
have been recovered from a till sample obtained from an island in the
northeast part of Snap Lake.
Geophysical data resulting from a recently completed detailed
helicopter-borne magnetic survey and a detailed ground Mag / EM survey
are being reviewed and targets prioritized. A diamond drill has been
mobilized to the property to undertake a diamond drill program of
about 4500 metres (15,000 feet) that is anticipated to begin during
the first week in March. Although most drill holes (estimated to
average about 150m in length) will test a variety of targets in the
main area of interest on the northwest side of Snap Lake, holes are
also planned to test new geophysical targets defined by the recently
completed surveys on the northeast side of Snap Lake, as well as in
Snap Lake near the previously intersected kimberlite dykes, diamond
analyses from which are reported above.
Randy C. Turner, P.Geo.
President and Director
604-687-6644
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CMN: The push on Snap Lake began about one year ago and was
followed by a news hiatus for six months. We reported on it then but
due to a new blackout stopped following the stocks. The news above I
will wager serious money has been known to insiders for some time now.
You don't take over a company on float...
If they have diamoniferous Dykes they lead to pipes with a high degree
of probability..They are supposed to be drilling very soon..if not
now.
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George and others, please provide your comments on this release!!
It seems to me the most notable thing said here is YES, this is DEFINATELY Kimberlite. And if this is kimberlite, with all the diamonds found on the surface, the odds are in our favor for a big hit.
Thanks,
Chris A. |
