Kimberlite discovery on ice claims
TAHERA CORPORATION
(TSE: TAH)
TORONTO, April 26 /CNW/ - Tahera Corporation (''Tahera'') has been
advised by its joint venture partner, Kennecott Canada Exploration Inc.
(''Kennecott''), that a new kimberlite has been discovered on the Ice Claims.
The Ice Claims, located approximately 60 km northwest of the Ekati Diamond
Mine in the Lac de Gras region of the Northwest Territories, and 80 km south
of Tahera's Jericho Diamond Project, encompass approximately 265,000 hectares.
The new kimberlite, called ''Vega'', is located on the eastern end of the
Ice Claims, approximately 20 km southeast of the Ranch Lake kimberlite. The
vertically drilled discovery hole encountered kimberlite at approximately 23
meters and will continue to test the kimberlite to depth.
Initial results from caustic fusion analysis to determine if the new
kimberlite is diamondiferous should be available within the next few weeks.
Kennecott will continue to drill additional kimberlite targets on the Ice
Claims and the Rockinghorse Property before the current exploration program
winds down in May 1999.
The Toronto Stock Exchange neither approves nor disapproves of the
information contained herein.
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For further information: Grant Ewing, Vice President Investor Relations
and Corporate Development, Tel: (416) 777-1998, Fax: (416) 777-1898,
Email: investor@tahera.com, www.tahera.com |
