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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (2188)10/26/1999 10:15:00 AM
From: Jesse  Read Replies (1) | Respond to of 2514
 
News-- I see Twin Gold (TWG) has found more kimberlite dykes-

Message 11705680

From TWG's NR today:

At least four large dykes were identified with the largest estimated to be plus or minus three metres in width. All dykes are clearly visible in a 1,200-foot, near vertical, cliff at the mouth of the Baufremont River. A 27.48-kilogram grab sample from the new discovery was analyzed by Lakefield Research and yielded seven microdiamonds. The diamonds are of consistently high preservation between 95 per cent and and 75 per cent, all white and all transparent to translucent. Dr. Bruce Jago of Lakefield Research stated, "The occurrence of these diamonds and their high quality are a very encouraging sign for the magnitude of the project."

..Dallas Davis, Twin Gold's Director of Diamond Mining said: "These new discoveries extend the diamond potential for the area dramatically to a minimum of 20 km and define in northern Quebec a kimberlite province with up to 2.6 diamonds/kg, established to date. I am happy to be part of such a once in a lifetime opportunity to make a major discovery."

..To protect its discoveries, Twin Gold has increased its 100-per-cent-owned land position to 444 square kilometres, covering a strike length of 33 kilometres.


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- FYI, go to Marum's homepage, and note how much land Marum has acquired in the area of this TWG discovery. I noticed it there yesterday:

marumresources.com

Regards,
-j
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