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Gold/Mining/Energy : Copperhill Resources Corp (CUHL: CDN) -- Ignore unavailable to you. Want to Upgrade?

To: Len Hynes who wrote (99)	11/5/1999 9:47:00 AM
From: jerry janko	Read Replies (1) \| Respond to of 123

How about this NR, WOW!~ Copper Hill discovers kimberlite on Northern Labrador claims Copper Hill Corp CUHL Shares issued 16,647,140 Nov 4 close $0.18 Fri 5 Nov 99 News Release Mr. Earl Benson reports Kimberlites have been discovered on the company's claims in Northern Labrador-Nunavut. In September, 1998, Copper Hill geologists sampled six of eight known dykes previously mapped by government geologists as ultramafic lamprophyres. Petrography and mineralogy both confirmed the presence of diamond indicator minerals within at least two separate kimberlite dykes. These results are significant, since they are the first kimberlite dykes discovered in Northern Labrador. Copper Hill is extremely encouraged by these findings and note that they are located in the same vicinity as the significantly diamondiferous kimberlite dykes very recently reported by Twin Gold Corporation just across the provincial border in Northern Quebec. In May, 1999, the samples, including bedrock, stream sediments and one soil were split and sent to Kennecott Canada Exploration Inc. laboratory in Thunder Bay, Ont. A description of the mineralogical and chemical particulars are deferred to the underlying footnote. Based on the petrology to date, at least two of the six dykes sampled are kimberlites, and the remainder were classified as lamprophyres, though they have some mineralogical features in common with the kimberlites. Significantly, Kennecott's in-house discriminatory curves for pyroxene separates show that the geotherm for the dykes is permissive for diamond preservation. Footnote Sampling and mineralogical/chemical particulars The initial sampling conducted by Copper Hill was of a reconnaissance nature, designed to determine whether the dykes were kimberlitic and not to test their diamond potential at that stage. The rock samples were less than 20 kilograms and collected from single sites within a dyke, and the stream and soil samples were less than five kilograms. The stream sediment samples are still being analyzed. All the samples were processed at Kennecott for greater than 0.25 of a millimetre diamond indicator minerals and the rock samples also underwent petrological examination. The heavy mineral concentrates from these two dykes confirmed that they also contained diamond indicator minerals. These minerals included fosteritic olivine, G9 lherzolite garnet, eclogitic garnet, megacrystic garnet, clinopyroxene, orthopyroxene, ilmenite and chromite, a classic kimberlite suite. The diamond indicator minerals were sent to R.L. Barnett Geological Consultants of London, Ont., for analysis by electron microprobe, which confirmed the presence of the above material. Kennecott also reported the clinopyroxene and orthopyroxene chemistry, based on an in-house geothermobarometer plot within the temperature and pressure field of diamond. Also, Kennecott reports that the soil geochemical sample collected over one dyke yielded significant pyrope, chrome diopside and olivine. Kennecott recommended that Copper Hill collect more sample for caustic fusion to check for the presence of diamonds. Copper Hill plans an aggressive exploration and sampling program during which samples with a minimum of 150 kilograms will be collected from each site and detailed down ice stream, soil and till sampling will be completed.