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Gold/Mining/Energy : GMD RESOURCE

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To: VAUGHN who wrote (904)5/1/1999 5:17:00 PM
From: Dave R. Webb  Read Replies (2) of 1030
 
Vaughn

I too am not an expert in kimberlite indicator chemistry, but the results that you were shown shows a more subcalcic and higher chromium pyrope than Diamet has. Diamet's is good chemistry, GMD's is better for published pyrope results.

Regarding the ilmenite chemistry that is published, Diamet has excellent high Mg ilmenites with good chromium distributions. GMD's results that are shown on the same page are more magnesian than Diamet's with an excellent high chromium distribution. Diamet's ilmenites are good, and indicate that diamonds will be found at Ekati....GMD's results are better.

I suppose GMD's results might not be considered spectacular by all, but that they are better than Diamet's published results is reason enough to say that they are very good.

GMD's release policy complies with VSE policy, but doesn't hit the major wire services. This policy may be reviewed in the future.

Dave
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