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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: m.philli who wrote (4392)8/24/1999 11:56:00 AM
From: m.philli  Read Replies (1) | Respond to of 7235
 
Multi-million dollar diamonds have previously been found in the rivers and tributaries of rivers running through the properties of the CNB/SUF joint venture in Brazil, and downstream of our properties. It makes sense to me, that there are more of these diamonds in the alluvial gravels located on the properties. So far they have been discovered by "pure luck". What we have here is some big needles in a very large haystack.
The way I see it, these diamonds did not all start at the "headwater", but either the river cut through kimberlites located on the course of the river or have been fed into the present day river channel by ancient tributaries at various point along its route.
With the knowledge, finances and technology available to the joint venture through experience, historical records, satellite imagery and ground penetrating radar, one would think that the likely location of some of these tributaries could be located, thereby narrowing the likely river entry points of these ancient drainage systems. If technology allows them to locate the river "sources" of some of these large multi-million dollar diamonds,a very ,very profitable alluvial operation can be initiated. In addition the mining of the ancient feeder can be mined back to its source. Whether the source still exists or has been re-deposited long ago cannot be known, but the stream that fed the large diamonds into the river initially should still be mineable.
Am I right to look at the situation in this light,is there any "alluvial experts" that can explain their probable modus operendi and how previously unavailable technology would fit into their research?